Green Energy
- “raising The Debt Ceiling, Which Has Been Done Over A Hundred Times, Does Not Increase Our Debt”
Barack ObamaIf there is no need to increase the debt, why raise the ceiling?Actually Mr. Obama seems to be asking .. HOW EFFING STUPID ARE YOU AMERICA?Raising the debt ceiling doesn’t increase the nation’s debt, Pres. Obama declared in a speech today.In...
- Hooray For America! We Suck The Least!
Despite everything, it’s the USA, the american people as expressed by US Treasury NotesForeign holdings of US debt hit record highForeign holdings of US debt hit record high; China ups holdings after 2 declinesForeign demand for U.S. Treasury...
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The Republican leadership hasn't learned a thing. Nor have their "conservative" cronies. November taught them NOTHING. And all the platitudes about the Tea Party being the "real winners" here because they "got the nation talking about the debt problem...
- China Has Divested 97 Percent Of Its Holdings In U.s. Treasury Bills
From CNS: China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month...
- Budget Deal Is In The Wrong League ...debt Jumped $54.1 Billion In 8 Days Preceding Boehner-obama Deal To Cut $38.5 Billion For Rest Of Year
The federal debt increased $54.1 billion in the eight days preceding the deal made by President Barack Obama, Senate Majority Leader Harry Reid (D.-Nev.) and House Speaker John Boehner (R.-Ohio) to cut $38.5 billion in federal spending for the remainder...
Green Energy
The new Progressive meme: Stop worrying about the debt
From what USED to be the slightly left of center New Republic:
Obama Beat the Hostage-Takers. Now He Has to Fight the Fiscal Scolds.The fecklessness of Washington’s professional budget alarmists
They’re back! Barely had Harry Reid and Mitch McConnell announced their agreement to reopen the government and raise the debt ceiling than zooming in from the leaden skies came our old friends, the fiscal hawks.Fix the Debt, the organization that took flight last year from the very deep pockets of octagenarian Blackstone co-founder Pete Peterson, held an afternoon event at the National Press Club to remind everyone that, crisis averted, the real problem in this country remained our crushing long-term debt. You might think that the fiasco of the past few weeks would have prompted some soul-searching within the organization – after all, its well-broadcast doomsday warnings of a nation drowning in red ink have only helped to feed conservative Republican fury about out of control spending, even as budget deficits steadily decline and the long-term fiscal picture brightens. It is that fury that, as much as anything, drove the brinksmanship over the government shutdown and debt ceiling, but Fix the Debt officials spoke as if they have had no role in bringing us to this point – as if, to the contrary, we arrived at this point precisely because we were not listening to them. Compared to them, the second-guessing Republicans on the Hill Wednesday were models of candor and self-awareness.
JUST ONE of many such articles this morning. HERE
Well, if the debt varied like a sine wave’s amplitude in response to outside events, then recovered, then got worse, then recovered, I WOULD AGREE.
Social Security Spending 2012 = $773 billion going up
Defense dept budget 2012 = $672 billion GOING DOWN by sequester
Medicare = $330 billion going UP
National debt = $17,000 billion going up, $21,000 billion in just a FEW YEARS
Interest on the national debt 2012 = $220 billion going UP, driven by Medicare, SS and Obamacare, as you can see at $21,000 billion of debt, this will begin exceeding the ENTIRE Medicare budget
SNAP spending = $80.4 billion going up
All of you who are talking about how terrible and seditious the tea party is …. are you out of your frickin’ minds?
- “raising The Debt Ceiling, Which Has Been Done Over A Hundred Times, Does Not Increase Our Debt”
Barack ObamaIf there is no need to increase the debt, why raise the ceiling?Actually Mr. Obama seems to be asking .. HOW EFFING STUPID ARE YOU AMERICA?Raising the debt ceiling doesn’t increase the nation’s debt, Pres. Obama declared in a speech today.In...
- Hooray For America! We Suck The Least!
Despite everything, it’s the USA, the american people as expressed by US Treasury NotesForeign holdings of US debt hit record highForeign holdings of US debt hit record high; China ups holdings after 2 declinesForeign demand for U.S. Treasury...
-
The Republican leadership hasn't learned a thing. Nor have their "conservative" cronies. November taught them NOTHING. And all the platitudes about the Tea Party being the "real winners" here because they "got the nation talking about the debt problem...
- China Has Divested 97 Percent Of Its Holdings In U.s. Treasury Bills
From CNS: China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month...
- Budget Deal Is In The Wrong League ...debt Jumped $54.1 Billion In 8 Days Preceding Boehner-obama Deal To Cut $38.5 Billion For Rest Of Year
The federal debt increased $54.1 billion in the eight days preceding the deal made by President Barack Obama, Senate Majority Leader Harry Reid (D.-Nev.) and House Speaker John Boehner (R.-Ohio) to cut $38.5 billion in federal spending for the remainder...