May 20, 2013

Today's Question

Which senator wrote the amendment that gave military leaders the right to "quell...civil disturbances" without presidential approval? Answer.

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Entries in US debt (10)

Monday
Jun212010

Will BP grilling backfire?

Updated on Monday, June 21, 2010 at 4:12PM by Registered CommenterKay B. Day, Editor

By Kay B. Day

Criticism of BP is certainly warranted, considering the damage from the Gulf Oil Spill. But other recent manufacturing and financial lapses have gone unchallenged. And there’s a chance public grilling for nothing more than political purposes could backfire.

The political topic of the day is conduct by BP in the Gulf Oil Spill disaster. Congressional leaders shook fingers and levied snarkisms at the company, yet gave federal oversight agency heads a pass.

Such a disaster warrants federal attention, of course, but our federal government tends focus on politics and self-growth rather than on common sense matters the government should be looking after. At present, the government can't run the government.

But if you think BP’s lapse is the only dastardly action harming Americans, you’d be wrong.

Click to read more ...

Thursday
Jan212010

Democrat aim to increase debt limit is wakeup call to U.S. taxpayer

Commentary by Kay B. Day

Had it not been for Republican Scott Brown’s historic victory in Massachusetts, the Democrat Party’s aim to increase the U.S. debt limit might take the top spot in the blogosphere right now. The Associated Press said on Wednesday the government needs “an additional $1.9 trillion to pay its bills, a record increase that would permit the national debt to reach $14.3 trillion.”

If the country had a platform for a national town crier, that $1.9 trillion figure would be shouted at the top of his lungs. [Article continues below graphic.]

The US Treasury provides the public with information about US debit and who holds it.
The truly disturbing element in this request is a complete lack of attention to downsizing the federal government. The only way to avoid continuing to raise the debt limit is to do what the private sector does in hard times—reduce expenses. There are exceptions, of course. Crony corporations get bailouts. Taxpayers fund those too, and we hear politicians tell us we’ll get our money back. How?

Click to read more ...

Tuesday
Apr142009

Right dot Org forms anti-bailout Facebook group

On April 15—Tax Day—Right.Org (http://right.org) needs your help opposing government sponsored bailouts. The federal government has put taxpayers on the line for more than $12 trillion in debt obligations—that’s more than $100,000 per family. Americans know this is wrong. What they need is a place to say it. So on April 15,  Right.org is asking everyone who opposes the bailouts and government takeovers to join the Right.Org Facebook Fan Page (http://tinyurl.com/RightOrgPage). Doing so propels the movement as we send the unambiguous message: we oppose bailouts.

 We are happy to share this announcement from right.org; check out the website. There's a bailout contest with big prizes and a great deal of information about bailouts and federal spending. And on Tax Day, be sure to join the Facebook group.

 

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