Obama admin: Remove limits on debt
The Obama administration Friday proposed eliminating the “debt ceiling,” allowing the federal government to increase spending and borrowing without limit. CNS News reports journalist Al Hunt, host of Bloomberg TV’s “Political Capital,” asked Treasury Secretary Timothy Geithner if he believes “we ought to just eliminate the debt ceiling.” “Oh, absolutely,” Geithner chimed. It would be […]
Read moreSpending cuts are the only way to grow the economy, curb deficits
The only way to avoid a “fiscal cliff” and relieve budget pressures in a way that grows the economy is to make serious spending cuts, says Washington Examiner writer Veronique DeRugy. “(S)uccessful debt reduction measures are mostly made of spending cuts rather than a mix of spending cuts and tax increases,” writes DeRugy. DeRugy points […]
Read moreAmerica is a libertarian nation
The conventional wisdom has long held the United States are a “center-right” nation. But the results of last weeks elections are challenging that notion. “After 32 straight losses for same-sex wedding laws, four states approved marriage-equality proposals last week. Two other states legalized marijuana for recreational purposes. Wisconsin elected the first openly homosexual U.S. senator […]
Read moreDefine your opponent early
This spring the Obama campaign was at a crossroads. They had expected to be flush with cash pumped in by the online fundraising machine that helped Obama shatter fundraising records in 2008. They had expected Mitt Romney to emerge from the Republican primaries irreparably damaged — defined in the minds of voters as an out-of-touch […]
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