Showing posts with label Spending 2013. Show all posts
Showing posts with label Spending 2013. Show all posts
Tuesday, December 17, 2013

Greedy Democrats Have Used Medicaid Since 1993 To Take Your Assets, Now It Ramps Up Under ObamaCare

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Signing up for Medicaid may be signing away everything you own. From the story here : The Omnibus Reconciliation Act of 1993 [under Bill and...
Sunday, December 15, 2013

Global Public Debt Is Up 72% Since 2007, Just Six Years Ago

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Tuesday, December 10, 2013

Have Households Started To Borrow? Probably for cars.

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PragCap thinks so here , but it's only been up $169 billion year over year. The monthly rate of vehicle sales annualized is up 1.6 milli...
Monday, October 21, 2013

Vindictive CNSNews.com blames Speaker Boehner for $3 trillion jump in total public debt

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Here : Thus, all spending and borrowing by the federal government are the de facto and de jure—n.b. constitutional—responsibility of the Hou...
Friday, October 18, 2013

Total Public Debt Owed Jumps $328 Billion After Debt Ceiling Extended

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click to enlarge
Thursday, October 17, 2013

Lefty Peter Beinart Calls Republican Surrender A Victory

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Here : If this is Republican surrender, I hope I never see Republican victory. ...  Let’s pause for a moment to underscore the point. In ear...

Ted Cruz And Mike Lee Aren't Heroes. They Hung John Boehner Out To Dry.

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During his non-filibuster filibuster, Sen. Ted Cruz had called defunding ObamaCare a matter of life and death:  “In a football game we all c...

The Far Left Also Realizes Boehner Won. Too Bad Republicans Don't.

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The Nation , here : Because the deal only includes minor concessions, the Beltway consensus is that it represents a resounding defeat for R...
Wednesday, October 16, 2013

Boehner Actually Wins Again Despite Himself: His Position From August 22nd Was A Clean CR Keeping The Sequester, And That's What The Senate Compromise Is Going To Provide

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The Washington Post reported, here , at the time: House Speaker John A. Boehner said Thursday that he plans to avert a government shutdown a...

Boehner Knew The Political Danger Of A Shutdown. Republicans Should Have Listened To Him.

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As always, Republican disunity becomes the Democrat opening, but Boehner deserves blame for not insisting on his preference and for letting ...
Sunday, October 13, 2013

How Rep. Paul Ryan Is Just Like Sen. Ted Cruz

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Here in The Wall Street Journal on October 8th, Rep. Paul Ryan says he is willing to swap sequester cuts for cuts to mandatory spending: If...

Without Issuing New Treasury Securities, Something Would Have To Give After Just 22 Days

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How long can the government pay all its bills without selling any additional Treasury bills, notes or bonds? The answer is really about only...
Wednesday, October 9, 2013

Why Money Market Funds Are Especially At Risk If The Government Defaults

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the one-month T-bill settled at .27 after spiking to .32 Money market funds invest in ultra short term securities like T-bills with average ...
Monday, October 7, 2013

Be Careful, Default Is A Venerable Old Liberal Democrat Specialty, Exponentially Imitated By Liberal Republicans

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The Atlantic  stumbles into the truth, here : In 1933, President Roosevelt devalued the dollar against gold. That violated the so-called go...
Friday, October 4, 2013

Obama Wants A Debt Default To Discredit His Opposition?

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So suggests JT Young, who makes a plausible, although strictly political argument, here , for why Obama might want a debt default: [T]he las...
Monday, September 30, 2013

Total Public Debt Outstanding Kept At $16.738 Trillion By Treasury Dept. For Four Months!

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I can't show you all of the data because the format is too long for me to capture it all in a single screen shot. All of June, all of Ju...
Thursday, September 19, 2013

The World Has Learned Nothing Since The Crisis: Global Public Debt Is Up 63% 2008-2013

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2008 global public debt $32 trillion Global public debt, the amount owed by the world's governments, has risen by almost $20 trillion in...
Wednesday, September 18, 2013

American Businesses Have Saved $2.8 Trillion In Last Four Years Due To ZIRP

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In the form of lower borrowing costs, according to this story from Bloomberg: America’s companies, from Apple Inc. (AAPL) to Verizon Communi...
Tuesday, September 17, 2013

Charlie Gasparino Gets It Right: America Lost Its AAA Because Of Debt, Not Debt Ceiling

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Charles Gasparino for The New York Post, here : In fact, economic growth is barely existent on [Obama's] watch; millions of Americans ha...
Monday, September 16, 2013

Rush Limbaugh: The Big Boob On The Right

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 It's Monday and you know what that means. If Rush Limbaugh is talking about numbers on a Monday he's going to slaughter them. I cou...