• POSTS UNDER spending 2:

    • China slashes waste with ‘anti-extravagance’ drive - 20 Jan 2014
      posted in Alerts

      ALERT: China slashes waste with ‘anti-extravagance’ drive. Fax Congress – Tell them to CUT spending! American Conservative, It’s a sad day for America when communist China is doing more to cut government excess than our elected servants in Washington. In 2013, the Political Bureau of the Communist Party of China implemented an eight-point ‘anti-extravagance’ plan to […]

    • Obama pushes $50 billion stimulus plan as automatic budget cuts loom - 21 Feb 2013
      posted in Big Gov & Executive & Gov't Subsidy & Politics & Govt & Spending

      The White House on Wednesday pushed for tens of billions of dollars in stimulus funding for decaying roads and bridges, a request dismissed by Republicans as not serious amid the broader debate over spending cuts in Washington. The plan outlined by administration officials Wednesday calls for $50 billion in spending on highways, transit systems and […]

    • Don’t Fear the Sequester - 06 Feb 2013
      posted in Columns & Politics & Govt & Spending

      On March 1, we are told, the world will end. No, that’s not a new Mayan prophecy; it’s the date on which the spending sequester goes into effect, after being postponed for two months as part of the fiscal-cliff deal. As we move closer to this $965 billion reduction in projected federal spending over the […]

    • The Overrated Debt Ceiling - 16 Jan 2013
      posted in Big Gov & Columns & Economy & Spending

      Sometime in the next 30 to 60 days the federal government will reach the legal limit on its ability to borrow, setting up the next potential budget crisis in Washington. The debt is currently $16.4 trillion, technically in excess of the statutory limit, and the Treasury Department has been using “extraordinary measures,” such as delaying […]

    • Time to Stop the Debt Charade - 10 Dec 2012
      posted in Uncategorized

      The crisis du jour in Washington now dominating the news, the so-called “fiscal cliff”, is but the latest in seemingly endless political crises that we shouldn’t be having. We get two different kinds of problems in life. The real ones – the struggle to work and improve the quality of our lives – and the […]

    • Misreading the Fiscal Cliff - 21 Nov 2012
      posted in Columns & Economy & Spending & waste

      The fiscal cliff is now less than six weeks away. Negotiators are reportedly locked away behind closed doors working on a grand bargain to avoid the tax hikes and spending cuts that will hit on January 1. Most of the debate so far has centered on how best to raise taxes on the wealthy: whether […]

    • Saving safety net from the left - 15 Nov 2012
      posted in Columns & Welfarism

      “The press is trying to paint me as trying to undo the New Deal. … I’m trying to undo the Great Society.” – Ronald Reagan, January 1982 diary entry Faced with an economic crisis during his first year in the Oval Office, Ronald Reagan was demagogued by the media, welfare-industry lobbyists, and Democratic leaders who […]

    • Joe Biden: Imagine what we could have done if not for the Tea Party - 23 May 2012
      posted in 2012 & Big Gov & Economy & Humor & People & Politics & Govt & Videos

      Biden says that since the Tea Party is set on preventing Barack Obama from a second term they don’t care about the economy. Thus, Mr. Biden believes that if Obama is reelected the economy will improve. *The parable says that we reap what we sow. Fantasy — no matter how great or absurd — is […]

    • Congress’ Annual Hide-The-Spending Ritual Underway - 21 May 2012
      posted in Alerts & Big Gov & Economy & Gov't Subsidy & Legislative & Property & Spending & Taxation & waste

      Every year, the House passes a budget (the same cannot be said for the Senate). After the budget passes, the House then sets about passing 12 appropriations bills. Each appropriations bill must adhere to the spending caps passed in the budget. But every year, Congress amends these bills to increase spending. Just last week the […]

    • One Nation Under Debt With Endless Debt Slavery For All - 25 Apr 2012
      posted in 2012 & Civil Liberties & Corruption & Economy & Money & Numbers & Politics & Govt & Spending & Voices & waste

      Debt is a “soft” form of slavery.  In America today, it is not legal to bind people up with chains and force them to work for you, but that doesn’t mean that there are not millions upon millions of slaves in this country.  When you borrow money, you willingly become a servant to the lender.  […]