Soon, Most Of The Federal Budget Will Be A Blend Of ‘Disastrous’ And ‘Emergency’
by Smitty If I may scrape attention briefly away from contestant #753 on the Herman Cain Allegation Show, Heritage reports the following cheery bit about the Budget Control Act: Then there is Loophole No. 2: In addition to the “disaster” funds [loophole #1], the BCA still retains the uncapped “emergency” credit card. So Congress could […]
We Already Know They Don’t Teach Economics at Harvard Law School
But you might think they’d require an introductory course in logic, because Dwayne Lester shows how invalid fallacies are the only arguments made in favor of Obama’s “Buffett Rule” requiring tax increases on the rich.
‘Pay Their Fair Share’
How many times did President Obama say that phrase during yesterday during his Rose Garden speech? . . . for us to solve this problem, everybody, including the wealthiest Americans and biggest corporations, have to pay their fair share. If we’re going to make spending cuts — many of which we wouldn’t make if we […]
Obama Explains That When He Says ‘Creating Jobs’ He Means ‘Raising Taxes’
That’s the upshot of the presidential speech this morning, during which Obama promised to veto any deficit-reduction legislation that does not include tax increase on the rich: “I will not support any plan that puts all the burden for closing our deficit on ordinary Americans,” he said. “And I will veto any bill that changes […]
Denison: Overflow Crowd Hears Herman Cain Slam Obama: ‘That’s Not Leadership!’
DENISON, Iowa Republican presidential candidate Herman Cain today denounced as “pathetic” the response of President Obama and other Democrats to the recent downgrade of U.S. credit. “Today, the president, Senator [John] Kerry and other Democrats now want to blame somebody for the credit downgrade – other than themselves,” Cain told a standing-room only crowd at […]
Liberals Spinning S&P Credit Downgrade: BLAME IT ON THE REPUBLICANS!
Nothing is more amazing than the ability of liberals — both politicians and “journalists” — to synchronize their lies. In the wake of Standard & Poors downgrading of the U.S. credit rating Friday, the Democrat-Media Complex has now forged a consensus that this had nothing to do with massive two-year binge of deficit spending embarked […]
I … See … Crazy People
One of the amazing things about the whole debt-ceiling episode is how it has caused liberals to say stuff even crazier than the crazy stuff they usually say. Michael Lind at Salon: The debt ceiling crisis is the latest case in which the radical right in the South has held America hostage until its demands […]
Dow Drops 266 Points, Both Sides Race to Claim Defeat in Debt-Deal Compromise
Who didn’t see this coming? For months we were warned that financial catastrophe would ensue unless Congress raised the debt ceiling. So Congress raised the debt ceiling and . . . financial catastrophe: Stocks plunge as economic concerns grow Associated Press NEW YORK — A sell-off is erasing all of the year’s gains in the […]
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