Dems want to increase the Debt Limit…Again!

Did you hear the latest out of Washington D.C. and our Government?

Timothy Geithner and Barack Obama discuss things, possibly even the upcoming debt ceiling issue!

Secretary of the Treasury Timothy Geithner and the Obama administration is already pushing for a higher debt ceiling.  Remember last year when we went through all the threats of a government shut-down, and Obama threatened (in an off-handed way) to withhold social security and veterans checks?  Well, get ready for more of the same!

Geithner has already fired a shot across the Republicans bow saying, ““We hope they do it without the drama and the pain and the damage they caused the country last July…”

The amazing thing to me is that the amount of “pain and drama” caused is shared more by the Dems than the Repubs, based on Obama’s 2008 campaign promises to get government spending under control and get the budget balanced!  (A little side note to all those throwing dollars at Obama because of his “stance on gay marriage”, beware and pay attention to his actions, both past and present, not just his words!  It would appear as if lies have been told to nearly every “group” or “division” of American society.)  The Republicans that supposedly caused all this “pain and drama” were elected to slow down and reverse the out-of-control government spending, not to go along with whatever the President wanted. (more…)

Cain, Romney and Obama in a Virtual Tie

Hi and Welcome back,

Herman Cain is smiling because he is the man with a plan!

Why is Herman Cain smiling today?  Herman Cain is smiling because he is the man with a plan, and his plan seems to be gaining traction!

Did you hear?  In the latest Quinnipiac poll, Herman Cain has pulled into a virtual 3 way tie with Mitt Romney and Barack Obama in the race to become Americas Next President!  Yes, it’s the same Herman Cain that has proposed overhauling the tax code and the IRS with his “999″ plan.  He seems to have hit some nerves and caught the attention of the electorate. Herman claims this plan would help alleviate the budget shortfall, eliminate capital gains tax, the death tax, and when combined with making the federal government the “right size”, will eat into and eventually do away with the national debt.

There are still those that say he can’t be president because he doesn’t have any experience.  Some of those same people are attacking Mr. Cain’s “999″ plan as unworkable because it’s too simple.  His argument is the government is too complicated and too involved in each and every persons life, therefore it needs to be downsized and simplified.

After Monday night’s Republican Presidential Debate and the other candidates going after him because of his new front-runner status, Mr. Cain said “You know you must be doing something right when so many are shooting arrows in your back.”  “This is the first time arrows have felt this good!” (more…)

U.S. Credit Rating Downgraded

Here is a quick question for you.

Timothy Geithner and Barack Obama discuss things just hours before the Credit Downgrade

What U.S. President was in office when the United States credit rating was downgraded for the first time in history?

The answer is our current president!  That’s right, during the evening of 05 August, 2011, Standard & Poor’s downgraded the U.S. credit rating from AAA to AA+.

This is what happens when you keep spending dramatically more money than you bring in.  If and when a “regular” citizen gets in debt beyond their income level, their line of credit gets shut off or severely restricted.  (more…)

Two enemies of the people

The Thomas Jefferson Memorial Statue in Washington, D.C.

“The two enemies of the people are criminals and government, so let us tie the second down with the chains of the Constitution so the second will not become the legalized version of the first.“   Thomas Jefferson

With  all the debate these days about the debt limit and the “up and down” or the “clean” vote last night (01 June 2011) I thought this quote was quite relevant.  Congress overwhelmingly voted to NOT increase the debt ceiling without mandating spending cuts.

One of the things the founding fathers was very serious about was keeping the nation from going into debt…and if debt was necessary, they wanted it paid off as soon as possible!

The founding fathers expected this nation to promote Liberty, Freedom and Prosperity (for the individual) above all else.  They knew that if all people had Liberty, the nation had it’s Freedom and all individuals had the ability to Prosper, then the nation would prosper also, both in money and in reputation.

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Debt Limit Reached, Obama’s Spending on Hold?

Well, it’s finally happened.  The Congressionally authorized debt limit for the U.S. has been reached today!  How long can we keep the flag flying proudly when the country is in this severe of a predicament?  What will Americas Next President do about the National Debt? (more…)