Jet setting Bo returns from Hawaii

Interesting article speculating that First Dog Bo was returned from Hawaii for his public appearance!
Funny stuff

Is the media really in the tank for Obama?

As the stock market continues is decline of over 400 points today, with bleak economic information being released across the board, the question in my mind is how the media will spin this.

People are really hurting. Unemployment is high. Wealth (suddenly a dirty word) is being destroyed at all levels.

But I always find it interesting that as things begin to look bleak, the media finds some way to blame anyone other than President Obama and his policies.

The debt ceiling is a sham

While the whole debt ceiling and deficit debate is quite interesting, I am actually more convinced now that the whole game is a sham.

The plan Rand Paul supports, and which actually makes sense to me, is to freeze spending levels at current levels for the next few (6) years, and actually then cut 1% in actual dollars per year. If this plan were to take place, we would have a balanced budget shortly.

The main issue here ultimately is the fact that government spending increases 7-10% each year. And the savings they talk about (2-4 trillion) is simply in slowing the growth of this spending. That is crazy.

The bottom line, in my opinion – like it or not, we must cut absolute levels of spending or our kids are doomed!

The time for games and gimmicks is now long gone.

And yet, this will never happen.

People are too busy watching ‘Dancing with the Stars’ or ‘Jersey Shore’.

Maybe we no longer deserve our republic…

Nancy Pelosi is right on the debt ceiling crisis (sort of)!

Today, Nancy Pelosi made a speech attacking Republicans, accusing them of looking to destroy government. However, in the video below, Nancy actually makes one statement that is actually spot on.

She states that the Republicans ‘do not like government’. I think she is right – our government is too big, too intrusive, and certainly spends way too much money. This whole debt ceiling crisis should simply come down to this fact – when 50% of our country pays zero in income taxes, and the top 1% pay nearly 50%, where is the shared sacrifice.

I welcome the politician who has the gumption to state the obivous – we are all in this together, everyone should pay at least 5% of their income in the form of taxes. If this were to happen, you can be sure the democrats would be against it, because this 50% are accustomed to getting a free ride, and if they actually had to participate in funding government, we would all find religion in terms of what our government is actually spending money on. And there would be greater scrutiny and involvement of the public.

It is time for all of us to remember that we still, ultimately, control the levels of power in this country through the voting booth. It is time to elect adults in the room, who realize that we cannot put our heads in the sand and ignore that we have a major spending problem.

For all the talk of market bubbles, our government spending might be very close to being exposed as the biggest bubble in history – unsustainable, and in dire need for a recalibration.

Finally, one thing that should be very clear from this whole debate is that, ultimately, the word of the government is fleeting. Sure we will pay our bills (hopefully) but, when you rely on government, are you really in control of your own destiny?

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