Archive | Federal Budget RSS feed for this section

24 October 2012 0 Comments

Outsourcing Debt – Democrats Can’t Be Trusted With Money – 72.3% More Under Socialist Obama Administration

One of the important components of our federal debt is the act of “sharing”  debt owned by foreign countries. We like to view ourselves as the “pride of the world.” However, there’s not much pride in countries like China and Mexico owning our debt. Terence Jeffrey of CNS News reports that our foreign debt has […]

Tags:
13 October 2012 0 Comments

Crony Capitalism – Crony Socialism – Nancy Pelosi Gets Richer

Nancy Pelosi, selfless defenders of poor and middle class against the heartless, profit-driven, rapacious 1%, getting rich from government. Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan  Gateway Pundit 28 September 2011  ( hat tip Dr. Jim Brodsky, Dead Cats and Clippings )   Nancy Pelosi,72 years old, Net Worth […]

9 October 2012 0 Comments

Windmills in Arkansas – The Democratic Governor Colludes with Export-Import Bank For Brazilian Company

The Washington Free Beacon reports on the Statist policies of Arkansas’s Democratic Governor in collusion with the federal Export-Import Bank plans to finance a Brazilian “green energy’ windmill company with private tax-payer money. READ MORE How a foreign wind power company took tens of millions of U.S. dollars before laying-off hundreds of Americans Free Beacon […]

7 October 2012 0 Comments

General Motors – Going from Bad to Worse – Government Failure at Taxpayer Expense

“GM is going from bad to worse”,  Michael Barone references  Automotive News Editor-in-Chief Keith Crain’s analysis (13 August 2012).   Michael Barone makes the points that: 1) GM is profitable in China; 2) GM is losing money in Europe; 3) Malibu and Volt have been failures in the US; 4) The government/The Forgotten Taxpayer is […]

6 October 2012 0 Comments

Fannie Mae Freddie Mac and The Forgotten Taxpayer Who Bails Them Out – Part 2- Listening to Paul Ryan

On July 27, 2000, a first-term Congressman from Wisconsin signed his name to the Housing Finance Regulatory Improvement Act. The 30-year-old legislator didn’t have much company. Of 435 Members of the House, only 12 were willing to join Paul Ryan in sponsoring this bill to reduce taxpayer risk at Fannie Mae and Freddie Mac.   […]

5 October 2012 0 Comments

Fannie Mae Freddie Mac and The Forgotten Taxpayer Who Bails Them Out – Part 1 -The Financial Meltdown of 2008

WSJ updates us on the Big Government Bailout of Big Government Fannie Mae and Freddie Mac. 17 August 2012               Peter Wallison provides some insight into contribution’s from Government Sponsored Enterprises, Federal National Mortgage Association (FNMA) Fannie Mae, and Federal Home, Loan, Mortgage Corporation (FHLC), Freddie Mac,  to the 2008 […]

25 September 2012 0 Comments

Using Social Security To Pay Student Loans – An Idea Whose Time Has Come

” About twice as many Social Security recipients are not receiving all of their Social Security payments this year because they have unpaid federal student loans, according to a report by SmartMoney.com. According to a 1996 law, the federal government has the authority to withhold portions of Social Security payments if defaulted debt is owed […]

16 September 2012 0 Comments

Senator Ron Johnson’s Charts Part 3: Social Security Is Going Bankrupt

Wisconsin Senator Ron Johnson’s powerful PowerPoint illustrates with compelling charts the out of control Federal Spending

15 September 2012 0 Comments

Senator Ron Johnson’s Charts Part 2: Obama’s Phony Budget Cuts

Wisconsin Senator Ron Johnson’s powerful PowerPoint illustrates with compelling charts the out of control Federal Spending

14 September 2012 0 Comments

Senator Ron Johnson’s Charts Part 1: Government Spending GDP

Wisconsin Senator Ron Johnson’s powerful PowerPoint illustrates with compelling charts the out of control Federal Spending