News – Politics – Opinion – Podcasts
(H/T: Powerline)
“Michael Tanner of the Cato Institute calculates that Greece owes 875 percent of GDP for unfunded liabilities; the United States owes 911 percent, or almost twice as much as France at 549 percent.” —Mark Steyn Are we broke?
Bill Whittle speaking on America’s current political leadership: “The stockpile of wealth that it has taken over 200 years to accumulate has been spent. The miserable, unserious, criminally negligent, incompetent, immoral, reprehensible, traitorous, swine have spent every last gold coin in America’s former mountain of wealth. And they haven’t stopped.” From Afterburner. Well. Worth. Watching.
Who else, in his mind, is better qualified to spend their future now then he? (H/T: Mac)
I swear. The Wall Street Journal has better letters-to-the-editor than any other newspaper. Sometimes they educate all by themselves. For instance, here are comments on a piece about our real national debt being over $85 TRILLION, not the measly $16 trillion obediently reported by the media: From George Leef in Raleigh, North Carolina:
…America may have sealed its fate. Here’s why:
To recap: five of the questions asked of the Candidates at the Seacoast Republican Women Congressional Forum were contributed before and during the event by the actual attendees with the lone exception of the last Question by Stella Scamman, the moderator. The Candidates answering were:
NH First Congressional District – Rick Parent, Vern Clough NH Second Congressional District – Will Dean, Dennis Lamare
“NO SHOWS”: Incumbents Congressmen Frank “Stiffing the SRW at the last moment” Guinta and Charlie “It’s not worth my time” Bass.
Much has been made of the annual debt (now all of the years of Obama’s Presidency have had $1 Trillion deficits) and the debt, but little on how to pay that $16 Trillion debt (which soars to over $130 Trillion if you count unfunded future liabilities) – Question 4: How will you work to reduce the debt limit?
To the Editor:
Mr. Veverka and Mr. Hightower would have you believe that any time a liberal imagines a need, the government should reach into your pocket, or at least your neighbor’s pocket, and take your (or his) money. Or, more accurately, the government should borrow money from the Chinese for which we promise repayment of principal, interest, and a little bit of the opportunities, freedom, and standard of living of our children, grandchildren, and future generations of Americans.
Anyone who does not immediately jump at this “bargain” will be the target of name calling, lies, and hysterical personal attacks. This intimidation is to blame for a significant amount of our current approximately $15 trillion national debt and so many flawed government programs.