But several right-leaning fiscal experts described a balanced budget as a tool to force a fractious Congress to tackle the nation’s long-term budget problems. “It is important to reduce the debt, and balancing gets you there faster,” said Douglas Holtz-Eakin, a former director of the Congressional Budget Office and a prominent Republican economist. “That’s paramount.” […]

A New York Times reporter Gardner Harris describes an issue that might jar some of our perceptions about access to potable water: Almost no place on Earth gets more rain than this small hill town. Nearly 40 feet falls every year — more than 12 times what Seattle gets. Storms often drop more than a […]

Yup! But … but … we didn’t do this during the Reagan presidency–the presidency that was the very embodiment of fiscal responsibility!  Just as Paul Ryan said yet again just this very morning.

In subtle ways, Ryan’s budget acknowledges the results of November’s election. He isn’t seeking to do away with tax increases that have already been approved, and he accepts that tax revenue will be 19.1 percent of the economy in a decade, up from the 18.7 percent he assumed last year. But otherwise, he continues to peddle the […]

Paul Ryan is, in effect, the Joe McCarthy of our era.  He consistently spews outlandishly false statements of fact, never offers actual evidence in support of them and never refutes factual challenges using actual and full facts, and tries as a matter of routine to obfuscate his specific and broader objectives and therefore to trick […]

by Tom aka Rusty Rustbelt Detroit Update Today Former Mayor Kwame Kilpatrick was convicted in federal court of 24 felony courts of racketeering, extortion, mail fraud, bribery and tax evasion. His chief henchman contractor Bobby Ferguson was convicted of 9 counts of racketeering and bribery.Kilpatrick’s father was convicted of one count of tax evasion but the […]

President Obama won a second term in the White House in part by “dividing the country,” former Florida governor Jeb Bush (R) said in an interview that aired on Sunday morning. “I think the basic part of his campaign was that those that were successful weren’t paying their fair share, even though we have incredibly […]

By Jeff McCord, The Investor Advocate Take Lincoln’s Approach to Hold “Untouchable” Fraudsters Accountable Within recent months, two media events captured the attention of many Americans: the premier of the Spielberg movie “Lincoln” showcasing the 19th century federal government’s ability to end our nation’s crime against humanity; and, the airing of the PBS Frontline series […]

Update: Application, clarification of “New world Order”. I have put this update at the beginning of the post for I believe it is an aspect of my post on the Trans Pacific Partnership (TPP)  that should not be dismissed by myself nor by a reader of the post. Now that I have had the day […]