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From the category archives:

federal spending

Click Your Heels Together Three Times And Say 'The Stimulus Is Working'

September 8, 2009

“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership.” – Senator Barack Obama, in a 2006 floor speech preceding a Senate vote to extend the federal debt limit.
Ah, how I liked THAT Barack Obama back in 2006, [...]

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Passing The Buck

August 24, 2009

Do you believe our federal government is competent ? Do you think it's doing a good job of solving our problems ? Are we getting our money's worth ? Let's run through a checklist.
The government declared a war on poverty about 45 years ago. How'd that work out ? We may not have an exit [...]

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Happy Cost Of Government Day !

August 12, 2009

Americans for Tax Reform (ATR) computed the day of the year when all the costs of government at all levels are paid for. ATR calls it Cost Of Government Day. This year, that day fell on August 12, 2009. It has taken from January 1st until now to pay for all the costs of federal, [...]

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Enemies Of The People

July 31, 2009

Barney Frank (D-VT) wants the federal government to decide how much Wall Street executives (and all other executives of private companies) are paid. Barney also wants the government to decide how they are paid. Legislation to ban incentive-based pay for private corporations has been approved by the House Financial Services Committee.
I don't know where [...]

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Your Government At Work

July 29, 2009

President Obama is a fiscal hawk. I know that might sound strange to some of you (the sane ones), seeing as how Obama passed an $800 billion stimulus package, a record breaking, pork-laden $410 billion Omnibus bill, and a record breaking $3.55 trillion budget during the worst recession in 70 years. Yes, Obama will have [...]

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Stimulating Conversation

June 9, 2009

"One hundred days ago, in the midst of the worst economic crisis in half a century, we passed the most sweeping economic recovery act in history. One hundred days later, we are already seeing results. In these last few months, the American Recovery and Reinvestment Act has saved or created nearly 150,000 jobs." President [...]

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Obama Admin Admits Entitlement Crisis

May 14, 2009

In my last post, I touched on the problem of our huge unfunded entitlement liabilities, primarily Social Security and Medicare. Yesterday, the Obama administration admitted the problem exists. Yippee ! This may not seem like such a big step forward, but it is. Remember, for years the Democrats in Congress denied there was any problem [...]

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Worse Than Enron, Worse Than Madoff

May 12, 2009

At the end of each fiscal year, the Treasury Department issues a financial report. The last such report was the 2008 Financial Report Of the United States Government. There is a link to the Citizens Guide version of the report here.
The stated 2008 deficit under President Bush was $454.8 billion. That was the largest budget [...]

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If You Can't Dazzle 'Em With Brilliance…

May 9, 2009

Baffle 'em with you-know-what.
If Washington D.C. has a credo, that must surely be it. The media isn't far behind.
But before I get into that, I'd like to take a moment to thank President Obama for saving us all from last week's swine flu pandemic (worldwide epidemic). Just think, if Bush was still the President, [...]

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Obama 100-Day Fact Check

May 3, 2009

Following are some of President Obama's more dubious pronouncements from his 100-day news conference.
OBAMA: "We began by passing a Recovery Act that has already saved or created over 150,000 jobs."
FACTS: Over 1.2 million jobs have been lost since the beginning of Obama's presidency, according to the Bureau of Labor Statistics. In March, 2009, 663,000 [...]

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Meet "Fiscally Responsible" Obama

April 21, 2009

If any of you rightwing extremists (veterans and/or advocates of the U.S. Constitution, according to DHS head Janet Napolitano) or Tea Party protesters (racist, misguided, whining, crazy, unpatriotic people, according to the left) think President Barack Obama is not fiscally responsible, you better think again. Yes, Obama has spent trillions of dollars in three short [...]

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Sit Down Before You Read This

April 20, 2009

Because if you aren't sitting down, you might fall over from shock.
According to a recent Bloomberg report, in order to curb the current recession, the U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion on behalf of the American taxpayers in the last 20 months.
I repeat, thats 12.8 TRILLION [...]

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