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Wednesday, July 13, 2011

Social Security Tax Cut For 2011 Adds To Stress In A Government Shutdown

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The revenue lost to Social Security, about $120 billion in 2011 due to the temporary tax cut, will be reimbursed to the Trust Fund from inco...

Treasury's Own Figures Show It Has Plenty of Cash Flow To Pay Seniors

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[A]ccording to the Daily Treasury Statements published by the U.S. Treasury Department, the ongoing flow of federal tax revenue since the Tr...

In 2009 Only 10.5 Million Americans Still Got Paper Checks From Social Security

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Tens of millions use direct deposit instead: [A]bout 10.5 million Americans still receive their Social Security and Supplemental Security In...

Obama Would Be Breaking The Law If He Stopped Social Security Checks

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Obama must issue Social Security checks. They're mandatory, not discretionary. The authority to issue Social Security checks is outside ...

'Uncle Sam Would Not Qualify For A Home Mortgage'

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So says Bill Wilson of Americans for Limited Government  here : Currently, the U.S. is paying about 3 percent interest on the $14.3 trillion...
Tuesday, July 12, 2011

Even Bruce Bartlett Admits We're in a Depression

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Here , where the 1930s is the interpretive lens through which he seems to see everything, including the prospect of fiscal and monetary tigh...

Fascist Obama's Fascist General Electric Shill Lectures Business on Jobs

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GE's Jeff Immelt lectures business on taking the lead on jobs here  while cutting his own workforce 11 percent between 2009 and 2011 ( h...

New Book Contradicts Obama's Story That His Mother Was Denied Health Coverage

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Byron York summarizes here : "'Though [Barack Obama] often suggested that she was denied health coverage because of a pre-existing ...

Chris Farrell Speaks Up For Cash, Glorious Cash, and Shakespeare

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Here : That’s why the time-honored tactic of diversification remains one of the more powerful ways to protect finances from the downside. Sh...

Another Voice Searching for the Word

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Fascism: The nexus of big government, big business and the Federal Reserve has brought us to financial ruin. The US has the ability and the ...

The Tea Party Began With Moral Outrage Over Mortgage Bailouts

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Ron Klain provides a needed reminder of the forgotten origins of the Tea Party movement, here : Although we now associate the Tea Party with...

Who Will Buy Your Crappy Ass-et: Megan McArdle, or Jesus?

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Have you lost your soul? Were you just your job? Are you fit for nothing now, a drag on society, a problem that can't be solved? Megan M...
Monday, July 11, 2011

'The US Remains Trapped in Depression'

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Ambrose Evans-Pritchard is back at it, here : The calamitous US jobs data released last Friday leave no doubt that the US remains trapped in...

Spending Trendlines: Obama Goes Vertical

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Let's play "Find the Conservative Spending Trendline." Is it the postwar trendline of the 1940s? Can you imagine such a small ...

Federal Spending and Federal Receipts 1901-2010

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Tax receipts have fallen dramatically during the Panic of 2008, but spending has not. It should. If you don't have the dough, you don...

Unemployed? To Megan McArdle You're Just A Depreciating Asset

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Here : "Human capital is like almost any other form of capital: it is a depreciating asset." In other words, your worth as a human...

Repatriating Overseas Corporate Cash Primarily Benefits Shareholders

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Claims it will boost the dollar, job growth, new investment and the stock market are exaggerated, according to Marc Chandler, here . He poin...
Sunday, July 10, 2011

To Hell With Clive Crook and The Financial Times

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For phrases, here , such as: "if there were any such thing as a moderate Republican;" and "a pathologically intransigent Repu...

Landslide Vote For Israel in Congress, Except for Rep. Justin Amash and 5 Others

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The vote was a non-binding resolution, a shot across the bow of the Palestinian Authority, which Justin Amash, among others, could not bring...

Krauthammer Attempts to Define the Political Spectrum

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He says, here , that a person open to both liberal and conservative views is a moderate, which would be David Brooks of The New York Times, ...
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