Imagine a TV Sitcom family. They’re not poor.  Dad makes $600,000 per year, or $50,000 per month.  But incredibly, they can’t live on that budget and they’ve been borrowing and spending an additional $22,000 every month for years, driving their debt up to $2 million in installment loans and credit cards.

Two months ago Dad [...]

President Obama’s first Borrow-and-Spend initiative, was the Trillion Dollar…
“BIG Stimulus to Save Jobs” (BS2SJ).
Obama Promises jobs but delivers only massive debt and loss of liberty.

Congress passed the BS2SJ on February 13, Obama’s 24th day in office.

Obama and the media hyped the BS2SJ, the largest spending bill in history, as an urgent measure [...]

This is the second in a series on Obama’s claim to be a victim of previous “irresponsiblie policy choices.”  The first is here.
One of the budget documents Obama published las week,  “Inheriting a Legacy of Misplaced Priorities,”(ILMP) is a campaign style propaganda piece, intended to justify the upcoming budget.  A key ILMP assertion, and the [...]

The Dow Jones Industrial Average is down 29% since Election Day.  Roughly half of Americans are invested in the stock market, either directly or indirectly through pension funds.  Retirement savings have been devastated by the stock market crash
This morning, at a photo-op with British Prime Minister Brown, President Obama was asked about the disastrous performance [...]

There has been a lot of media attention to President Obama’s budget announcements of last week. In fact, the actual budget has not yet been developed.  Last week the Administration published several documents that were about the budget, but did not include the hundreds of pages of line items and numbers that will be included [...]