Deficits

Balancing The Budget (When It Finally Is Written)

Considering Joe Biden stating "If I hear one more Republican tell me about balancing the budget, I am going to strangle them.", I thought I would help out by posting a very interesting video about balancing the budget (when it is finally written) without raising taxes. Dan Mitchell of the Cato Institute narrates this Center for Freedom and Prosperity video, and even the bottom third of the class will be able to understand it. It's Simple to Balance The Budget Without Higher Taxes
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Glenn Beck, 9.23.2010: Monetary Pain Is On The Way (Economic Darkness)

Glenn starts this show speaking about the GOP's "Pledge To America" where he hopes the GOP will go for 'shock and awe', but he isn't sure any of that will be forthcoming.  As we have seen from the pledge, it is more beige-y than bold.  He then continues with the silliness of GOP's pledge to return spending levels to 2008 levels instead of the spending levels of 1908.  Glenn covers the Weimar Republic and the 'economic darkness' of our monetary situation. Related:
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Paul Ryan Takes Chris Matthews To The Mat On Deficit Reduction

You gotta love it when Saul Alinsky sycophant Chris (the tingle has reached his brain) Matthews tries to verbally spar with Rep. Paul Ryan (R-MI) about tax increases, numbers, math, red ink, black ink, plans, maps, etc.  Chris was so mentally outgunned that I almost felt sorry for him while he was trying his damnedest to make the republicans look bad, twist answers, and blame Bush. Chris either hasn't seen this chart or he is lying about everything being Bush's fault.  Make no mistake, Bush 43 ranks very near the top of my least favorite presidents' list, but let's give…
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Time To Pay The Piper

We, as American simpletons, know that allowing our government to sell our sovereignty to the global loan sharks has diminished our national security. What happened to this simple premise inside the Beltway? I personally think they just don't give a flying rat's a** what happens to us, and they have purposefully put America in this position (both parties). From Reuters: China tells U.S. to put fiscal house in order * China says U.S. must control deficit as economy recovers CURRENCIES | BONDS * Priority for world economy is to stabilise Europe * External pressure will delay yuan reform (Adds fresh…
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