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1/12/2013
1/11/2013
If Interest Rates Rise
“Pulling Down the Statue of King George III, New York City,” ca. 1859
The Beast That Reagan Aimed To Starve Gorges Under Obama
There's a very probable chance that this will happen: "And if interest rates rise just a bit, the debt will bury us all — fat cats and thin cats alike."
The decision to risk probable harm to all... is uneducated, tyrannical, and irresponsible. What the perpetrator does in that event... will reveal his true goals.
1/10/2013
Negotiate Debt Limit | Sequester
A showdown between Democrats and Republicans is looming after Obama warned that he will not negotiate on the debt limit.
Read more at http://conservativeread.com/some-conservatives-warn-republicans-against-debt-limit-fight/#wiBobivxFUzbsLzA.99Democrats and Republicans are still gauging how best to position themselves for the upcoming debt limit fight, as well as additional battles over steep automatic government spending cuts due to begin on March 1. That will be followed by a March 31 deadline for either enacting additional funding measures or shutting down government agencies.
Boehner said that the debt limit is “one point of leverage” but not the “ultimate leverage.” That, he was quoted saying, is the automatic spending cuts known as the “sequester.”
The article spells out the schedule for “sequester”. It will be interesting to see what happens between now and March 31.
The present projections are: The debt will increase from $16 trillion… to over $22 trillion in ten years.
1/09/2013
The President | The Military | Others
The President…the military…and many others take an oath to protect and defend the constitution.
In March 2013 the US Supreme Court will decide whether the Defense of Marriage Act is constitutional.
The Defense of Marriage Act was already declared to be unconstitutional before it will be tried.
The constitution requires the executive branch to enforce laws.
The executive branch already has said that it will not enforce the law.
There has been no punishment of those who violated their oath.
1/07/2013
Upon the sacredness of property civilization itself depends…
Chou Chou-Cabbage shared Prager University's photo.
"Upon the sacredness of property civilization itself depends—the right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions." -Andrew Carnegie
UCLA Economics Professor Tim Groseclose on high tax rates –>
This country was quite successful until Woodrow Wilson advocated the idea of collectivism. The country has been on a decline ever since. Collectivism failed in the USSR. The present Russia has this to say about the United States: http://joemiller.us/2012/11/russias-pravda-declares-communism-won-in-american-with-obama-us-suffering-has-only-begun/