On February 13, President Obama unveiled his proposed federal budget for fiscal year 2013, which begins October 1, 2012. This $3.8 trillion absurdity includes $1.3 trillion of new deficit spending. It is the fourth year running in which the deficit will exceed $1 trillion. Remember shortly after his inauguration, when Mr. Obama pledged he would [...]
Archive of posts tagged Barack Obama
Obama budget is a big bill for future generations
Posted by James D. Kellogg on 4 March 2012, 5:04 pm
Filed under Taxes, Uncategorized, budget, national debt.
Tagged Barack Obama, federal budget, government spending, James D. Kellogg, LiberTEAWatch.com, Taxes
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Consumer Finance Protection Bureau undermines the Constitution
Posted by James D. Kellogg on 17 January 2012, 9:58 am
Beltway politicians have identified a parade of scapegoats for the onset and longevity of current economic woes in the America. Among the favorites is Wall Street greed and “risky” investment practices. In truth, federal government expansion and interjection into the free market was the primary culprit.
Instead of being held accountable, Washington, D.C. asserted more control [...]