Deficits

So What’s Wrong With Running A Deficit?

(H/T reader Ron for the link) I put up a post just a few minutes ago titled, Translation: What We Need Is More Time To Crash The Economy; meanwhile one of the monster's readers dropped a link to another article that goes hand in hand with "Translation".  Here's an excerpt of the previous post to give you a flavor for the linkage. I would not call the pResident an out-in-out liar unless it was proven without a shadow of a doubt that he was actually lying about something,(and common sense says he most likely is), BUT, considering the actual opposite…
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WARNING: We Are About To Go Over The Cliff

Remember the mother of all debt clocks? Just wait until you read the following article from Rep. Jason Chaffetz who was the originator of the "scam wow" phrasing. Put down all beverages,  get out the duct tape, remember to breath, and then go over and read the whole article from The Hill. Unhappy fiscal new year (Rep. Jason Chaffetz) The federal government's fiscal year begins October 1, and there's little reason to believe this year will be better than the last. Publicly held federal debt is forecast to increase from 56% of gross domestic product to 66% in 2010, driven…
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A Message For The House & Senate

A Message For The House & Senate

Dear House and Senate members who are increasingly doing fly-bys of the Monster, Please stay awhile and tell all your banker, insurance and DOD contractor buddies to pull up a chair.  You may actually learn just exactly how exasperated we are with you, and then you will have the choice of what is sure to come being a peaceful transfer of power back to the American People or more like July 14th, 1789.  Look it up because I am convinced you do not know what date that is. For those members of our congress that are still in the dark…
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