U.S. House Rejects Increase In Debt Ceiling To $16.7 Trillion

| May 31, 2011

The answer is NO….In a symbolic vote, House GOP leaders voted against a debt ceiling increase of $2.4 trillion to a new ceiling of $16.7 trillion….the final roll call: Nay (Republicans 236, Democrats 82), total: 318 Yea (Republicans 0, Democrats 97), total: 97 Not Voting (Republicans 3; Democrats 6); 9  www.zerohedge.com

Geithner Predicts Double-Dip If Congress Fails To Lift Debt Ceiling

| May 14, 2011

Geithner said in a letter dated May 13,2011 to Sen. Michael Bennet, D-Colo…..“A default on Treasury debt could lead to concerns about the solvency of the investment and financial institutions that hold Treasury securities in their portfolios, which could cause a run on money market mutual funds and the broader financial system,” . The Fed is trying […]

The Challenge

| January 2, 2011

It should be a national law that the IDIOTS running things at least understand basic math!  If so, we wouldn’t be in this mess now.  This sets the table…..you can’t go back to 2008 spending levels and still see growth in the economy.  Plain and simple!  On the other hand, we can never grow our […]

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