Until now, historians generally consider our 15th President, James Buchanan to have been the worst President in American history. While in office from 1857-1861, he sat by and did nothing to halt the oncoming War Between the States and the sectional crisis that was tearing the nation apart. Fortunately for America, Buchanan chose not to run for reelection and went home, making way for Abraham Lincoln.
Well, this has been an interesting week and not all bad. The world got to see Ben Bernanke admit, live and in color, that his Fed can’t do much about unemployment and then tell us the inflation that’s hurting every American family “won’t last long”. It would have been interesting to understand the logic that led him to that conclusion.
President Barack Obama has officially launched his campaign for
reelection as President of the United States. His budget for his
campaign is one billion dollars.
So far, Democrats and Republicans agree on one thing about the 2012
election – it will be a referendum on the first term of President Obama.
This is not to say that issues like the deficit, spending, gas prices,
unemployment, and … Read more...
This April 18th, 2011 will be one of those dates hated by school kids – because it will be part of the dreaded “essay question”. It’s still to be seen what the essay will describe – the beginning of America’s slide into oblivion or the beginning of her heroic escape from the yawning abyss of Euro-socialism.
One essay tied to 18 Apr 2011 can be written now … Read more...
In a move surprising only those who believe demagoguery is a substitute for economics, the Standard & Poor Ratings Services downgraded its outlook on the US to “Negative” from “Stable”. This is the first step toward a downgrade of the US credit rating from AAA, which would increase borrowing costs and hasten America’s spiral into economic ruin.
The answer to this question depends, I suppose, on the issue causing a public uproar. History reminds us that ‘public uproars’ have been around for a long time. Some have led to peaceful change while others have led to wars and blood baths for millions of people.
Public uproars are a part of governing. America’s Revolutionary and Civil Wars were public uproars. The Tea Party … Read more...
The recently averted federal government shutdown has increased the focus on the federal budget crisis. Politicians (and talking heads) throw around words like ‘federal deficit’ and ‘federal debt’ as if they were interchangeable. Yet, these words actually mean very different things. In today’s world of spend, spend, spend, understanding these words and their implications has never been more important.
‘Federal Deficit.’ First, and importantly, the federal … Read more...
A little over 50 years ago, at age 33, my life changed forever when I entered the waters of baptism and covenanted with my Lord and Savior Jesus Christ and become one of his disciples.
Baptisms, regardless of one’s personal faith, are considered to be a time for family celebrations – a time to rejoice. But my baptism created just the opposite – it created … Read more...
On Tuesday, either the PC-censor was out sick or there’s a new kid who’s not yet trained – either way a piece was published that is worthy of attention
The current battle for a successful continued resolution has presented the Tea Party with a wonderful opportunity to exercise its mandate to create major reductions in our Federal Budget. A strong point has been made and it has everyone’s attention. I am a firm believer in elimination and then streamlining of the extraordinary and superfluous spending. With continued resolutions this contentious there are created problems.
Everyone knows who Governor Nathan Deal, Lieutenant Governor Casey
Cagle, and Speaker David Ralston are. In fact, most political insiders
know who Senate President Pro Tempore Tommie Williams, Speaker Pro
Tempore Jan Jones, Senate Majority Leader Chip Rogers, and House
Majority Leader Larry O’Neal are. Yet, some of the most influential
Georgians don’t serve as governor or as a member of the leadership of
either political … Read more...
Well, last night we received the news that the Republicans, Democrats, and the President reached a 2011 budget agreement at the 11th hour, but only after many calls to “K Street” for consultation and advice. “K Street” is the inside beltway term for the powerful national and international (global) lobbyists who make big dollar contributions to those who supposedly work for and represent us.