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Debt Reckoning: Destroying Myth Of Government Default
Investor´s Business Daily, by Staff
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Original Article
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Posted By:HollowLeg, 1/19/2013 2:22:58 AM
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| Budget Policy: Even if we don´t raise the debt ceiling, enough revenue will still come in to the Treasury to pay our interest, our bonds and essential services. The government will not shut down— only its ability to borrow. Like the fiscal cliff, the dangers of hitting the debt ceiling, while dire, are not necessarily fatal. It would, however, concentrate the minds of the American taxpayer wonderfully and force Washington to do what American families do every day around the kitchen table — take the paycheck and pay the bills in order
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Reply 1 - Posted by:
Spidey, 1/19/2013 3:32:04 AM (No. 9125786)
The government living within it´s revenues would work great until the first EBT card turned up insufficient funds.
I mean I´d pay a 100 bucks to see the look on the person´s face.
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Reply 2 - Posted by:
Country Boy, 1/19/2013 4:15:14 AM (No. 9125795)
I´d like to know how much EBT money goes to buying candy, potato chips and ice cream for "hungry" people. And the first wife, Mookie, says she needs another giant $$$ program to deal with people who are too fat.
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Below, you will find ...
Most Recent Articles posted by "HollowLeg"
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Most Active Articles (last 48 hours)
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Most Recent Articles posted by "HollowLeg"
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Soldier Faces Charges For Reading Conservative Books
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Investor´s Business Daily, by Editorial
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Posted By: HollowLeg- 6/13/2013 9:39:06 PM
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Political Correctness: A member of the U.S. Army Band says he´s being reprimanded for having the wrong bumper stickers on his car, serving politically incorrect food at a party and reading books by conservative authors. It seems what we read isn´t just a question reserved by the IRS for its "special scrutiny" of Tea Party groups. Apparently in the U.S. Army the wrong answer to this question can lead to disciplinary action and charges by your superiors. Master Sgt. Nathan Sommers, a 25-year Army veteran and conservative Christian based at Fort Myer
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Rogue EPA Staff Spies On U.S. Farmers, Releases Data
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Business Daily, by Editorial
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Posted By: HollowLeg- 6/12/2013 9:11:14 AM
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Privacy: As long as we´re talking about leaks that should be prosecuted, let´s consider the leaking by the Environmental Protection Agency of the personal data about farmers to their environmentalist opponents. We saw such leaking of data compiled on one group to its political opponents in the IRS scandal. In that case, the IRS leaked the 2008 confidential financial documents of the National Organization for Marriage to the rival Human Rights Campaign. At that time, Joe Solmonese, a left-wing activist and Huffington Post contributor, was the president of the HRC. Solmonese also was a 2012 Obama campaign
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Hasan Exposes Obama´s False Workplace Violence Claim
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Investor´s Business Daily, by Editorial
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Posted By: HollowLeg- 6/7/2013 8:57:24 AM
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War On Terror: The Army major on trial for murdering 13 at Ft. Hood in 2009 plans to argue that he acted in defense of the Taliban. So much for the administration calling the shootings "workplace violence." One of the great scandals of the Obama administration has been its shameful designation of the Nov. 5, 2009, rampage at the Army base in Killeen, Texas, by Maj. Nidal Hasan as "workplace violence." While Hasan continues to draw his pay
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China Is Our Number One National Security Threat
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Investor;s Business Daily, by Editptial
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Posted By: HollowLeg- 5/30/2013 4:48:17 AM
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Cyberwar: Chinese hackers have obtained the designs for more than two dozen major U.S. weapon systems, including the Navy´s missile defense system and our latest fighter. Our very national survival may soon be at risk. When President Barack Obama meets with Chinese President Xi Jinping for the first time on June 7-8 in California, we hope he will not bow but rather demand the Chinese stop their cyberwar against the U.S. that has reaped for them the designs for more than two dozen major weapon systems used by the U.S. military.
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Benghazi: Where Was President Waldo During Attack?
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Investot´s Business Daily, by Editorial
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Posted By: HollowLeg- 5/20/2013 9:14:59 PM
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Benghazigate: The lack of a timeline for what the commander-in-chief was doing the night terrorists murdered our ambassador to Libya and three others is an "irrelevant fact," according to a key White House aide. Playing the role Sunday of former U.N. Ambassador Susan Rice, who last Sept. 16 went on all five talk shows to parrot the administration line that Benghazi was provoked by a video, was White House senior adviser Dan Pfeiffer. Following in Rice´s footsteps, he announced that the details of where President Obama was and what he was doing that fateful night
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ObamaCare, Tea Party Targeter Run By Same IRS Exec
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Investor´s Business Daily, by Editorial
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Posted By: HollowLeg- 5/20/2013 9:02:14 AM
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Government Overreach: The Internal Revenue Service official in charge of tax-exempt organizations when the unit targeted Tea Party groups now runs the IRS office responsible for enforcing ObamaCare. As bad as the IRS scandal was, with the taxing body of government using its unequaled authority to intimidate and harass the president´s political opposition to aid his re-election, it got worse with the news that the IRS official, Sarah Hall Ingram, who served as commissioner of the Tax-Exempt and Government Entities Division from 2009 to 2012, is now serving as director of the IRS´ Affordable Care Act division.
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Employee Benefits Fall As Firms Brace For ObamaCare
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Investor´s Business Daily, by Jed Graham
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Posted By: HollowLeg- 5/2/2013 1:18:19 PM
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Employer spending on benefits rose at the slowest pace on record in the first quarter, as companies began bracing for higher health costs with next year´s launch of ObamaCare.Total benefits, such as insurance and pension contributions, rose just 0.1% vs. the end of last year, the smallest gain in Labor Department data going back to 2001. By comparison, payroll employment grew by a half-million, or 0.4%, in Q1. So benefits-per-worker declined. Total employee benefits provided outside of government jobs declined outright.
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Come And Get It: USDA Pushes Food Stamps To Illegals
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Investor´s Business Daily, by Editorial
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Posted By: HollowLeg- 4/30/2013 4:54:41 AM
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Welfare: Not content with having more Americans on food stamps than people in Spain, the Obama administration is ringing the dinner bell for illegal aliens. We´ll feed you and not check your status. As we wrote last July, just as food stamp use has skyrocketed here under President Obama, so have marketing efforts to Hispanics under a partnership with Mexico. We dubbed the program "Fat and Furious" after the administration´s gun-running program that also seemingly had worthy goals but had unclear motives and pernicious effects. "USDA and the government of Mexico
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Canadian Minister: Put Up Or Shut Up On Keystone XL
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Investor´s Business Daily, by Editorial
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Posted By: HollowLeg- 4/26/2013 9:04:38 AM
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Energy: As the EPA snipes at the State Department´s approval, Canada´s natural resource minister says failure to approve the pipeline would seriously jeopardize our energy relationship and do nothing to save the earth. Joe Oliver, not amused by the continued delays in perhaps the most shovel-ready project since the pyramids, said Wednesday that rejection by the U.S. of the proposed Keystone XL pipeline "would represent a serious reversal in our long-standing energy relationship." This critical energy infrastructure project is also perhaps the most studied and approved. After a reroute at the behest of environmentalists
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Rahmbo Takes On Perry And Messes With Texas´ Success
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Investor´s Business Daily, by Editorial
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Posted By: HollowLeg- 4/23/2013 8:34:34 PM
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States: The governor from a thriving free-enterprise state travels to the U.S. counterpart of Greece and Cyprus with an invitation: Come to where folks are friendly to business. Texas´ Rick Perry arrived in Illinois Monday to lure businesses away from a state that we and other´s have dubbed "America´s Greece" — beleaguered by debt, punished by regulations and subject to ever-rising taxes — to one that´s leading the pack in job and economic growth. Taking umbrage at Perry´s visit was Chicago Mayor and former White House chief of staff Rahm Emanuel.
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China Deploys Carrier Killer Missile Near Taiwan
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Investor´s Business Daily, by Editorial
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Posted By: HollowLeg- 4/23/2013 9:06:45 AM
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Asian Security: As Korea festers, our friends in Beijing have deployed near Taiwan a powerful missile designed to take out U.S. aircraft carriers as Beijing strengthens its ability to prevent U.S. forces from aiding Taiwan. When North Korea announced the 1953 Armistice was considered null and void and threatened renewed missile tests, the U.S. rushed naval assets to the region, including two destroyers equipped with the Aegis anti-missile defense system. We presumably would do so if things heated up between Beijing and its claimed "lost province," Taiwan. That option became increasingly problematical when news
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Sorry, Media, No White Tea Partiers Were Involved
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Investor´s Business Daily, by Editorial
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Posted By: HollowLeg- 4/19/2013 8:00:12 PM
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Media Bias: There´s palpable dismay at outlets such as MSNBC and Salon that the Boston Marathon bombers were radicalized young men from Chechnya and not angry white males from the vast right-wing conspiracy. Shortly after Monday´s tragedy in Boston, David Sirota of Salon Magazine penned a piece titled "Let´s hope the Boston Marathon bomber is a white American." His hopes were dashed when the suspects turned out to be Muslim brothers Dzhokhar and Tamerlan Tsarnaev, whose family origins are in Chechnya, the rebellious Russian region that is a breeding ground for terrorists.
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Most Active Articles (last 48 hours)
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Chelsea Clinton endorses mom: We need a woman in the White House
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Washington Examiner, by Paul Bedard
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Posted By: Desert Fox- 6/14/2013 8:23:22 PM
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Former first daughter Chelsea Clinton says it´s time for a woman in the Oval Office, music to her mom Hillary Clinton´s ears. In a wide-ranging interview on MSNBC´s "NOW with Alex Wagner" Clinton was asked about getting a woman elected president, as her mother tried to do in 2008 and is expected to in 2016. She said: "We need women who are at the head of a boardroom, like at the head of the White House, at the head of kind of major scientific enterprises so that little girls everywhere can then think, you know what? I can do that,
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Hillary Clinton´s Legacy of Scandal
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American Thinker, by Jeffrey T. Brown
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Posted By: Judy W.- 6/15/2013 8:16:35 AM
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In the midst of the eruption of near-daily scandals involving the Obama administration, let us not forget that until just a few months ago, Hillary Clinton was the most significant persona within that administration besides the president himself. Let us not also forget that notwithstanding the scandal-grenades going off all around us, Mrs. Clinton diligently plans her run for the presidency, even while several of those scandals are obviously and entirely her responsibility, exposing the State Department during her tenure as an utter sewer of corruption, cronyism, and fatal incompetence.
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FBI hasn’t contacted a single tea party group in IRS probe, groups say
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Daily Caller, by Vince Coglianese
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Posted By: StormCnter- 6/14/2013 5:35:21 AM
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There is no evidence that the FBI has contacted a single tea party group in its criminal investigation of the Internal Revenue Service, according to the groups the IRS abused. “We have not been contacted by any federal investigative agency and, to date, none of our clients have been contacted or interviewed by the FBI,” Jay Sekulow of the American Center for Law and Justice told The Daily Caller on Thursday. The ACLJ has filed suit against the IRS on behalf of 25 conservative groups, with additional groups being added in the next couple weeks, according to a spokesman.
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White House: Syria crosses ´red line´ with use of chemical weapons on its people
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CNN, by Barbara Starr, Jessica Yellin*
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Posted By: JoniTx- 6/13/2013 9:48:27 PM
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Washington- Syria has crossed a "red line" with its use of chemical weapons, including the nerve agent sarin gas, against rebels, a move that is prompting the United States to increase the "scale and scope" of its support for the opposition, the White House said Thursday. The acknowledgment is the first time President Barack Obama´s administration has definitively said what it has long suspected -- that President Bashar al-Assad´s forces have used chemical weapons in the ongoing civil war. "The intelligence community estimates that 100 to 150 people have died from detected chemical weapons attacks in Syria
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Sarah Palin´s Fox return proves conservative media outlets don´t care about conservatism
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The Week, by Jeb Golinkin
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Posted By: StormCnter- 6/15/2013 5:11:14 AM
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N ot long ago, conservatives like myself were thrilled to find out that Fox News, often portrayed as the mouthpiece of the conservative movement, had parted ways with former governor of Alaska (and quitter) Sarah Palin. This was truly a cause for celebration. Those of us devoted to building a conservative movement capable of winning elections had come to view the former governor as the symbol of everything, and I do mean everything, wrong with the modern conservative movement. But now, Roger Ailes has rehired her. And in so doing, Ailes has issued a painful reminder that he cares far more
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Are We On the Verge of a Conservative Crackup?
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Power Line, by Paul Mirengoff
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Posted By: StormCnter- 6/15/2013 6:11:36 AM
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Over the years, I’ve read plenty of claims that we’re witnessing a “crackup” of liberals or conservatives (or sometimes both at the same time). Normally, I react by rolling my eyes. For me, “crackup” claims are a almost always hack way of expressing unjustified triumphalism. But now I think I see a crackup. Given the scandal-a-week Obama administration, you might think that the crackup, if any, is looming on the left. But that would be to ignore the left’s tendency to march more or less in lockstep through any scandal or storm. No, the crackup I see coming is among conservatives.
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Bill Clinton: There’s no ‘big, conspiratorial federal government’ push for gun confiscation
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Washington Examiner, by Joel Gehrke
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Posted By: KarenJ1- 6/14/2013 1:36:53 PM
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Former President Bill Clinton, while suggesting that another push for gun control legislation might succeed, faulted the National Rifle Association for convincing “country” people that “there’s this big, conspiratorial federal government” plan to confiscate firearms. “What’s going on is that these organized special interest groups don’t want anything done because it’s a big source of their money to terrify people living out in the country that there’s this big, conspiratorial federal government trying to take their guns away,” Clinton said on Morning Joe. “I think if you could get a
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Jeb Bush: U.S. economy needs immigrants because they´re ´more fertile´
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Washington Post, by Aaron Blake
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Posted By: Ribicon- 6/14/2013 12:14:16 PM
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Former Florida governor Jeb Bush (R) argued Wednesday that the United States should pass immigration reform because the U.S. economy needs the labor of young immigrants, and immigrants are “more fertile.” “Immigrants create far more businesses than native-born Americans,” Bush said at the Faith and Freedom Coalition’s Road to the Majority conference. “Immigrants are more fertile, and they love families, and they have more intact families, and they bring a younger population. Immigrants create an engine of economic prosperity.” Bush said immigrants are an advantage that the United States has over China, Europe and Japan, which don’t have the same
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Democratic Congressman: ´Not Fair´ To Subject Congress To Obamacare Just Like Everyone Else
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Forbes, by Robert Book
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Posted By: KarenJ1- 6/14/2013 10:14:46 PM
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When the Patient Protection and Affordable Care Act (“Obamacare”) was being debated, proponents were accused of saddling Americans with inferior and expensive health care while keeping generous coverage for themselves at taxpayer expense. To rebut that allegation and build confidence in the bill, a provision was added mandating that members of Congress – and their staff members – get there coverage through the new exchange system the bill set up. Now that the time to sign up for exchange coverage is nearing, a Democratic member, Rep. John Larson (D., Conn.), is saying that
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The Cincinnati Lie
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Politico, by Rich Lowry
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Posted By: StormCnter- 6/14/2013 4:21:32 AM
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The IRS hadn’t spoken four sentences about its targeting of conservative groups before it blamed “our line people in Cincinnati.” Those were the words of Lois Lerner on May 10, when she acknowledged the misconduct in an answer to a question planted at an American Bar Association conference. In a phone session with reporters later that day, she famously admitted that she is not good at math. It turns out that she is not good at geography, either.The locus of the IRS scandal, it has steadily emerged, is not in Cincinnati but in Washington, where lawyers and supervisors
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CBS News confirms multiple breaches of Sharyl Attkisson’s computer
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Washington Post, by Eric Wemple
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Posted By: shalimar- 6/14/2013 11:04:14 AM
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CBS News reporter Sharyl Attkisson revealed in May that her computer had been compromised. When asked about the situation, CBS News responded with a statement that it was conducting an investigation.... “A cyber security firm hired by CBS News has determined through forensic analysis that Sharyl Attkisson’s computer was accessed by an unauthorized, external, unknown party on multiple occasions late in 2012. Evidence suggests this party performed all access remotely using Attkisson’s accounts. While no malicious code was found, forensic analysis revealed an intruder had executed commands that appeared to involve search and exfiltration of data.
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Cantor: ‘Increasingly Clear’ Obama ‘Does Not Have a Coherent Plan’ for Syrian ‘Catastrophe’
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PJ Media, by Bridget Johnson
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Posted By: Dreadnought- 6/13/2013 11:18:33 PM
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Though noting that his determination to take action is on the tardy side, congressional Republicans said they’re ready to work with the White House on helping Syrian civilians in the fight versus Bashar al-Assad. “Nearly two years ago, President Obama called for Syrian dictator Bashar Assad to go. A year later, the president laid down a clear red line, threatening serious consequences if Assad used or transferred chemical weapons. For months we’ve seen reports of such use, and today the White House finally confirmed it. It’s increasingly clear the president does not have a coherent plan
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