It’s Official: Federal Debt Will Never Be Paid


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And the implosion is coming.

Fiscal Cliff: Democrats Fiddle While Nation Burns


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Even if a deal is reached, the entitlement fix is already in.

A New Era of Responsibility?


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President’s proposed 2011 budget is a fiscal sham.

Liberals Whined About Bush ‘Abuses’ Of Power But Don’t Care About Obama’s


Leftists who moaned and whined and screamed endlessly for eight years (and counting) about the Bush administration supposedly abusing its power and trampling on the Constitution are strangely silent now that their hero Barack Obama is president.
“Where are the people on the left who were screaming about the Patriot Act?” asked Glenn Beck on his TV show. [...]

Obama’s Budget Blame Game


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The president blames his predecessor for his own fiscal profligacy.

Obama unveils $3.83T budget with massive deficits – AP


WASHINGTON – President Barack Obama sent Congress a $3.83 trillion budget on Monday that would pour more money into the fight against high unemployment, boost taxes on the wealthy and freeze spending for a wide swath of government programs. The deficit for this year would surge to a record-breaking $1.56 trillion, topping last year’s then […]

Budget Deficit to Reach $1.35 Trillion for 2010 – WSJ.com


Congressional experts pegged the 2010 U.S. budget deficit at $1.35 trillion, a slight improvement from the $1.38 trillion estimate in August, but the overall picture of the government’s finances remains bleak, according to the annual report released Tuesday. The Congressional Budget Office said the government will run an aggregate deficit of almost $6 trillion during […]

David Axelrod vs. Karl Rove – My deficit or yours?


Where has David Axelrod been?
Truth be known, if you were the person in charge of maintaining President Obama’s image, wouldn’t you have gone into hiding after the President’s dismal, and belated response to the Christmas day terror attack? With the President’s adequate handling of the Haiti crisis, Axelrod emerged again, and wasted no time making [...]

Related posts:

  1. David Axelrod Needs to Hire Michelle Kwan As His Coach
  2. Bush Derangement Syndrome, Deficit Edition: Still Crazy After All These Years
  3. Pharma-quiddick? Axelrod's connections "don't pass the smell test"

Congress raises debt ceiling to $12.4 trillion – AP


The Senate voted Thursday to raise the ceiling on the government debt to $12.4 trillion, a massive increase over the current limit and a political problem that President Barack Obama has promised to address next year. The Senate’s rare Christmas Eve vote, 60-39, follows House passage last week and raises the debt ceiling by $290 […]

Fiddling While Treasury Burns – by Vasko Kohlmayer


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The Democrats’ latest spending outrage.