Can budget-busting programs be reined in before they collapse?
Former Detroit Councilwoman Monica Conyers clutched a $1,000 Louis Vuitton handbag as she emerged from a chauffeured Lincoln Town Car to attend her sentencing for a bribery conviction.
Just days later, a federal judge declared her indigent and appointed a public defender to represent her. Now taxpayers will foot the bill for the “destitute” Mrs. Conyers’ [...]
America’s politicians are hopelessly addicted to spending.
“Our debt is mind boggling,” said Beck as he rattled off a list of the nation’s financial obligations: $12 trillion in national debt; $8 trillion in bailouts; and $106 trillion in unfunded liabilities (over $346,000 per person).
“It doesn’t take a Harvard education to understand that at some point we [...]
They do not have more money. They are broke. Most of the entitlement programs are on the pathway of bankruptcy.
The federal government is running a Ponzi scheme. It just makes the national debt that much worse.
Minnesota Governor Tim Pawlenty, interviewed on Fox News.
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