Peter Schiff being interviewed by Judge Napolitano about the debt ceiling vote that was just passed in the House today; which does not include spending cuts and does raise taxes through inflation. Best part? The new ‘Super Congress’; 12 clowns making decisions with Obama about what happens to taxpayers’ dollars. Yehaw! A new level of tyranny! (more…)
Economic history lessons of the US with depressions that were averted. In 1946, the Republicans ran on the phrase, “Had Enough Yet?” and took control of congress. You may not be saying that phrase yet, but you will…
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
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.
Stuart Varney interviewed Congressman Paul Ryan about the current out of control spending in Washington, and his plan to rein in spending and alleviate the $108 Trillion of unfunded liabilities we are now carrying.
Glenn starts this program with the nasty financial and economic problems we are facing with a rough breakdown of the federal budget. He interviews Art Laffer about what needs to happen to pull us back from the edge. Glenn then moves onto the New York Times trying to rename the Tea Party Patriots as militia members and crazies.
These people are part of a significant undercurrent within the Tea Party movement that has less in common with the Republican Party than with the Patriot movement, a brand of politics historically associated with libertarians, militia groups, anti-immigration advocates and those who argue for the abolition of the Federal Reserve.