national debt Archives - Granite Grok

national debt

burnign money

Data Point – At what point does the rest of the financial world go “no mas”?

The US Dollar is the currency of the world and has been for quite some time. Thus far, it has maintained that status even as our rivals (the EU to a degree; Russia and especially China) have tried a number of schemes to usurp that status. But as the US continues to borrow more and …

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US Debt

Uh-Oh: If True, This Will Make our Current Economy Look Rather Rosy

And so it finally begins? Emphasis mine, reformatted: ‘U.S. Gets a Debt Warning From Fitch as Stimulus Battle Rages.’ (Bloomberg) One of the world’s major credit-rating companies fired a warning shot regarding the U.S.’s worsening public finances on Friday…

Quotes

Notable Quote – George Will

The political class has prospered by hiding from the public the cost of the public’s appetites. By making vast deficit spending not an occasional counter-cyclical recourse but a constant governing strategy, it has made big government deceptively cheap, giving today’s public a dollar’s worth of goods and services and charging them only about 80 cents. …

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AFP New Hampshire AFP-NH

Congress kicks the can again, but is about to run out of road

By Ross Connolly Congress was set to face a moment of reckoning in September. After years of reckless spending, the government would once again come up against the debt ceiling, meaning the country could no longer borrow to pay for out-of-control expenditures. This could have been a moment to begin getting serious about our mushrooming …

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Honest Talk About Abortion

Current events Democrats want to you to believe they care for children and they stand for protection of American children. For example, they claim they will protect your children from the evils of trans fats, okay. They claim they would protect your children from gay conversion therapy, okay. But somehow, they don’t care if doctors …

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Well, given the performance of the former NH Congressmen, can’t say I blame him

By that, we supposedly put two Republican mens’ butts into US House Representatives chairs with one and only one main major mission – cut the spending.  Each time a Continuing Resolution showed up that could have stopped the national madness that has been adding to the National debt, they folded on their promises and folded …

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