© Nick Anderson As Forbes points out, 94% of the US debt problem comes directly from policies set during the Bush administration. At the end of the Clinton administration, the CBO was projecting a budget surplus of $12.7 trillion, but today it the debt is at $14.3 trillion. How did that happen? About 50% of […]
Republicans complain loudly about deficits, and yet they still find lots of money to fund their pet projects. Here are some examples: Earlier this month, I posted a story about Texas wanting to give tax breaks to buyers of luxury yachts (costing over a quarter of a million dollars), while the state is running a […]
© John Darkow Senate Republicans had to put up or shut up as Democrats brought the Republican budget proposal to the floor for a vote. The measure was defeated, but five Republicans voted against it — four because the proposed changes to Medicare went too far, and one because it didn’t go far enough. Expect […]
David Stockman, director of the Office of Management and Budget under Reagan and a former Congressman puts it bluntly “I believe we no longer have free market capitalism and we no longer have a democracy.” What we have instead is “crony capitalism” — a system that is rigged in favor of the financial elite, and […]
My hat’s off to the Daily Show. Pure genius. How can the American people believe this crap coming from the mainstream media?
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