Tag Archives: budget deficit

Tax The Millionaires & Billionaires And You Get…

During last night’s radio program I had a discussion with a caller about how much wealth confiscation it would take to fund the federal deficit. The genesis of that call was the recent CBO announcement of the fiscal year-end deficit and it’s scoring of Obama’s millionaire surtax. Seems that surtax will cover four months of [...]

Comments Off Continue Reading →

Boehner 3.0 Debt Ceiling Bill. It’s Friday Night, I’m Tired, Here’s My Take. Wish Us Luck.

Without naming the blog, one of the regular ones I read summed up why they think the approval of the Boehner bill tonight is a victory for Republicans: Are we better off that the Boehner bill passed the House? I say absolutely, the narrative is that the House passed a debt ceiling extension and the [...]

Comments Off Continue Reading →

Visualize Whirled Peas? No, Visualize The $14 Trillion We Owe.

Perspective is important. I have long contended that it is difficult to fathom the staggering amount of debt this country (meaning you and me) owes. $14 trillion is the latest national debt figure. But when quickly refer to $14 trillion in a sentence where someone claims to cut $100 billion, the numbers 14 and 100 [...]

1 Comment Continue Reading →

Tornado Season Strikes Hard. Barack Obama Has Maxed Out Your Credit Card.

Joplin, Missouri, is the latest victim of Mother Nature. Sitting in my hotel room in New York this morning I heard officials from FEMA giving out the 800-621-FEMA number for individuals seeking assistance. After the 9/11 attacks President Bush announced, and Congress rapidly approved, billions of dollars in taxpayer dollars to rebuild lower Manhattan, the [...]

1 Comment Continue Reading →