Mr. President

Saw this article and had to get a link to it here.  It says – much better than I could – what I’ve been trying to say about President Obama’s spending. Here’s a snip to give you the flavor of the article. With all due respect Mr. President, Tim Geithner and Ben Bernanke are offering […]

Can Obama cut the deficit in half?

According to Reuters, an anonymous “administration official” said The deficit this administration inherited was $1.3 trillion or 9.2 percent of GDP. By 2013, the end of the president’s first term, the budget cuts the deficit to $533 billion or 3.0 percent of GDP. I don’t think Obama will do that – he certainly hasn’t started […]

How to blow $787 billion – American Recovery and Reinvestment Act of 2009

In perusing the Recovery.gov site, I found some interesting things.  It doesn’t say anything, but it has a link, to a link where you can read the whole text of the bill.  You can click 4 times through the various websites and messages to get there, but eventually you wind up here. (One click, I […]

Specter and Collins allow stimulus to pass

According to FoxNews.com, Republican Senators Specter and Collins have defected from the other Republicans and signed onto the latest pork-filled stimulus bill.  Take a look at the picture – which I copied from the FoxNews.com story. Don’t they look happy?  I don’t normally make fun of the way others look, but these two look like […]

We should’ve elected Ron Paul

Ron Paul knows economics.  He knows how the free market system is supposed to work.  I say “supposed to” because we haven’t had a free market system in the US for almost 100 years. And yet people say the dumbest things, like “this proves the free market system doesn’t work without regulation” and “we need […]