Category: U.S. Economy
Planned Obsolescence
It's already starting; Moodys is starting to point to a downgrade in the US "AAA" bond rating. Strange considering that borrowing more was supposed to fix the credit problem. The US is starting to operate a lot like General Motors. The government has ma… more »
Why Can't The US Government Get Out of The Housing Market?
The government is thinking of turning foreclosed homes into rental properties.
The Obama administration is examining ways to pull foreclosed properties off the market and rent them to help stabilize the housing market, according to people familiar… more »
Social InSecurity
If you thought that Social Security is solvent; check this out.
Factcheck.org
Some senior Democrats are claiming that Social Security does not contribute "one penny" to the federal deficit. That’s not true. The fact is, the federal government ha… more »
Here's a Little Straight Talk About The Debt Ceiling
Jay Carney came out today telling reporters what they can and can't do.
Obama chafes at the time-honored practice of answering questions shouted at him during pooled, non-press conference events — and his staff has often opted for “stills sprays,”… more »
"Tammy Faye Boehner" Indeed!
If Speaker Boehner agrees to an increase in the debt limit now; he exemplifies the lack of leadership that got Obama elected in the first place.
When the majority of Americans are behind you; you, Speaker Boehner, still can't do what you know is righ… more »