Another MAJOR ‘wealth transfer’ from taxpayers, to non-payers. An absolute crock… ======= By Josh Mitchell And Katy Stech March 10, 2015 12:17 p.m. ET WASHINGTON—The White House said Tuesday it is weighing whether to make it easier for Americans to discharge student loans through bankruptcy, a major change that would effectively open the door for student debt being treated on par with credit-card debt... Read more
Archive for the ‘US Debt’ Category
Henninger: Escape From Spending Hell
March 13 | Posted by mrossol | US DebtWell, have something to add? ========== So it looks like we’ve all been sentenced to spending at least two more years in budget hell with Barack Obama. Under the rules of budget hell set the past four years by the prince of Pennsylvania Avenue, you’re not allowed to do anything real about federal spending. You can only fight over federal spending. Forever. Paul... Read more
Unraveling Navys Decision on USS Truman
March 2 | Posted by mrossol | American Thought, US DebtHmmm. More political gamesmanship? ============ Little in the polarized debate over the spending cuts that took effect Friday has engendered the level of rancor as did the U.S. Navy’s decision to delay deploying an aircraft carrier to the Persian Gulf. Some Republicans questioned whether the Obama administration was playing politics with America’s national security. Others have asked if the Navy could have cut... Read more
Book Review: Coolidge
February 11 | Posted by mrossol | American Thought, US DebtGood article to help you brush up on your history… which I needed. ================ By ROBERT MERRY ‘Debt takes its Toll.’ Thus does Amity Shlaes begin her biography of Calvin Coolidge, the laconic, flinty-faced New Englander who became America’s 30th president upon the death of Warren Harding in 1923 and then captured the office in his own right in 1924. Ms. Shlaes, the... Read more
Debt Excess Even Lives in Texas
January 21 | Posted by mrossol | Debt, Tax Issues, US Debt“Every ballot to issue new bonds should say how much debt is already outstanding, and what it costs each year.” Exceptional. Right on the money! ============== By SUSAN COMBS Austin, Texas Federal, state and local governments have generated millions of pages of unreadable prose laying out rules and regulations and asserting their authority over our lives. But the whole nation began with a Declaration of... Read more
