The saga of the Great Debt Ceiling Crisis of 2011 came to a disappointing end Tuesday when President Obama signed into law the lousy “compromise” that was sent to him by Congress.  Let us look back on the events that brought us to the pathetic end of the over-hyped debt ceiling “crisis”. The President addressed the nation on Monday July 25, in the hope of frightening the American people into a blind, thoughtless frenzy that would have them pressure their respective members of Congress into a “compromise”.  The days following his speech brought the introduction of several plans by various leaders in Washington DC.  The primary of those being one from House Speaker John Boehner (R-OH) and Senate Majority Leader Harry Reid (D-NV) – who incidentally filibustered his own bill for more than 20 hours. In the President’s speech Monday he did his very best to explain the problem to the American people.  He did so by: Demonizing tax cuts as an expense to the government – as if the money belongs to the government, and the government is being inconvenienced in allowing you to have it, as their gift to you.  This money belongs to you!  The government has […]

On Thursday Senator Bernie Sanders (I-VT) posted the results of a Government Accountability Office audit of the Federal Reserve on his Congressional website.  The audit was conducted by order of an amendment that Sen. Sanders had added to the Dodd-Frank Wall Street Reform and Consumer Protection Act which was passed a year ago this week.  The results of the audit should be of little surprise to opponents of the Federal Reserve as they only confirm long-held suspicions of the Fed’s surreptitious dealings. The 266 page report released by the Government Accountability Office identified a number of serious concerns regarding the Fed.  It outlines $16 trillion in secret loans made by the Federal Reserve to domestic and foreign corporations, as well as foreign banks.  To put this into prospective, the current national debt of the United States is around $14.5 trillion.  Sen. Sanders described this by saying: “This is a clear case of socialism for the rich and rugged, you’re-on-your-own individualism for everyone else”, an interesting statement, coming from Sen. Sanders, who is a self-proclaimed Socialist. The audit shows quite clearly that there is a serious problem with the way our economy is run in this country.  We must be in a […]

By now everyone has heard that the United States is going to hit our current borrowing limit on August 2nd according to a US Treasury estimate.  The President has stated repeatedly that the limit must be raised or the US will default on its debt and trigger an unprecedented financial crisis that will have widespread and far-felt ramifications.  Congress is currently wrestling over how to address this most serious issue, though how much of it is genuine dissent and how much is put on to create a good show for the public is debatable. The President would like us to all think that the problem here is that the debt ceiling is not high enough.  That is not the problem.  The problem is that the debt ceiling is even an issue.  The problem is that the federal government is borrowing at such a rate that the federal debt is increasing by $40,000 per second!  That comes out to $3.456 BILLION a day.  And the President wants more. The choice here is a simple one.  We either continue down the path of reckless spending that will ultimately lead to the utter destruction of the dollar and the complete financial collapse of […]

For months now we have been hearing about the absurd and intrusive screening processes of the Transportation Security Administration (TSA).  First we had to all remove our shoes and belts, and then we had to be subjected to random pat downs, x-ray scanners, and “enhanced” pat downs for anyone who protested.  The horror stories of the TSA just keep coming. The latest headline involves a 95-year-old cancer patient.  The elderly Florida woman was traveling with her daughter Jean Weber, through Northwest Florida Regional Airport.  When they reached the TSA security checkpoint Weber’s mother was wheeled off to a screening area walled off with glass partitions where an invasive pat down was conducted.  A TSA agent reported to Weber that “something suspicious” was felt on her mother’s leg.  At that point the 95-year-old was taken into a private, closed screening room.  When the TSA agent emerged from the private screening room they informed Weber that her mother’s incontinence undergarment was “wet and firm” and could therefore not be checked thoroughly.  Weber was asked to take her mother to a bathroom and remove the undergarment, forcing the elderly woman whose name was not released to go through the airport without any underwear. […]

Wednesday evening President Barack Obama appeared before the American people from the East Room of the White House to announce his plan to begin withdrawing United States armed forces from Afghanistan.  His remarks began shortly after 8pm EST and were approximately 15 minutes in length. The President began by invoking the memory of the attacks of September 11, 2001 and offering a brief recapitulation of the war in Afghanistan and the move into Iraq.  He continued by stating that the al Qaeda leaders had moved into Pakistan and that the terrorist forces had regrouped and began to move on the offensive. When Barack Obama was running for President, one of the primary stances of his campaign was that if he took office, he would seek to withdrawal our forces from the Middle East.  President Bush faced fierce criticism for refusing to reduce the number of US troops involved in the wars in Iraq and Afghanistan.  So Barack Obama committed to voters to bring the troops home.  Instead, early on in his tenure as President he sent a surge of 30,000 additional troops into Afghanistan.  He did not pull these troops from Iraq, and refocus them on the effort in Afghanistan.  […]