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Deficit Archive
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David Axelrod – White House Says “No Need to halt All Foreclosures”
Posted on October 11, 2010 | No Comments"It is a serious problem," said David Axelrod, who contended that the flawed paperwork is hurting the nation's housing market as well as lending institutions. But he added, "I'm not sure about a national moratorium because there are in fact valid foreclosures that probably should go forward" because their documents are accurate. -
Census Bureau Sends 140 Workers on Las Vegas Vacation
Posted on September 25, 2010 | No CommentsBack in February, President Obama was criticized for saying "you don't blow a bunch of cash on Vegas" in tough economic times. He also commented in a townhall meeting that corporations shouldn't use federal bailout money for trips to Las Vegas. -
Woman tells Obama: “I’m Tired of Defending You”
Posted on September 21, 2010 | 2 CommentsThis woman, emblematic of an Obama voter, is obviously growing weary of his rhetoric, as rhetoric doesn't put food on her table and educate her children. -
Someone Tell America, the Recession Ended Last Year
Posted on September 21, 2010 | No CommentsHe pointed to private sector employment - only 9% of jobs lost during the recession have come back - as an area of continued weakness. -
U.S. Path to Collapse
Posted on September 5, 2010 | No CommentsThere are now 50 million Americans on Medicaid, with annual Medicaid costs rising 36% over the past two years to $273 billion. The recently enacted health care bill will add 16 million more Americans to Medicaid beginning in 2014, but the U.S. government will likely go bust by then. -
13 Health Care Reform Tax Changes on the Way
Posted on August 24, 2010 | No CommentsThe new health care reform law is chock-full of new taxes and tax increases that will affect many individuals and businesses, but it will be years before most of these... -
Goldman Sachs Concedes Joblessness Will Prevail Through 2011
Posted on August 7, 2010 | No CommentsOver the past two to three months, the U.S. economic recovery has lost a considerable amount of its momentum. -
The Federal Reserve and “Economics for Dummies”
Posted on July 27, 2010 | No CommentsThe problem is how unemployment figures are now calculated. The government low-balls the number by excluding those who fall under the contemporary definition of ‘discouraged worker’ and those who can only find ‘part-time’ work. -
I Obama be a Millionaire | Where America Is Headed
Posted on July 22, 2010 | 2 CommentsNo matter what you do or party you vote for or issues you care about, make this next several rounds of elections ALL ABOUT fiscal conservatism. Democrats are just as capable of it as Republicans. We must make immediate and massive changes -
Clinton Unveils $500 Million Aid Package to Pakistan
Posted on July 20, 2010 | No CommentsApart from the stern talk about combating terrorism, Clinton's remarks also focused on the skepticism she says many in Pakistan still harbor about America's intentions. Qureshi echoed her concerns: "The opinion about the United States in Pakistan will change when the people of Pakistan see how, through this partnership, their lives have changed," he said during a press conference with his American counterpart.