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National Political News and Views 10/8/10

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  • National Political News and Views 10/8/10

    PLEASE PASS THIS TO YOUR FRIENDS--LET THEM KNOW MORE ABOUT POLITICS AND PUBLIC POLICY THE FORMER MAINSTREAM MEDIA WON'T TELL. THANKS

    1. Will Growing Government Debt Undermine the American Dream?, Heritage Foundation, 9/28/10 The higher the Federal debt the closer we come to runaway inflation, the devaluing of the value of the dollar, more taxes and a government that is finally forced to end corruption and waste (as much as the Democrats will allow)

    The cost of housing will go up, at a time when loans are barely available. In fact, the Feds will push cities, States and small businesses out of the financial market place.

    "
    The 115 million Americans in this Debt-Paying Generation could experience enormous adverse effects from having to pay down the greatest debt in world history. Indeed, the people in the Debt-Paying Generation could end their working lives as the least improved generation relative to the one that preceded them in U.S. history. They will marry later, have fewer children, poorer health, and lower incomes because they must pay the trillions of debt from excessive spending today and from the tsunami of debt coming from unfunded liabilities in Medicare, Social Security, and Medicaid."

    2. Side Effects: Obamacare Compels More Employers to Dump Coverage, fixhealthcarepolicy.com, 10/6/10 So far 27 major corporations got "waivers" from complying with ObamaCare--but only for one year. Next year, no waivers--businesses, small and large will have billions added to their health care costs--or the employees will be thrown on the Federal welfare rolls (that is what it really is) adding tens of billions to our debt EVERY year. Or, the death panels will assure rationing of health care--so no extra costs, just lots of dead people from lack of health care.

    This is why the GOP needs to win 100 seats on November 2 in the House--maybe that will catch the attention of the remaining Democrats.

    3. Wink-wink Obama plans budget cuts in 2020, Washington Examiner, 10/6/10 This is great!!! President Obama promises that by 2020 we will have budget cuts--that is eight years AFTER he is out of office. So Barack promises massive deficits and debts, high taxes and out of control government for at least ten more years. That is a sick promise. We need budget cuts and a balanced budget NOW--not in ten years.

    "Brian Riedl of the Heritage Foundation recently described in a Washington Times op-ed important details buried in Obama's 529-page budget document for the fiscal year that began last Friday. The Obama proposal, first released in February, purports to reduce the budget deficit to a mere $1 trillion by 2020."

    4. Gallup Finds U.S. Unemployment at 10.1% in September, Gallup, 10/7/10 What more do I have to say, "Underemployment, at 18.8%, is up from 18.6% at the end of August"

    We are in a Depression, stop worrying about a double dip recession.

    5. Dems 'Cash-Poor' Claim Ignores, $250 Million from Unions, Special Interests, Daily Caller, 10/7/10 The Republicans are using money for campaigns that were donated. the Democrats are using money that was stolen from workers by their extortionist unions. Workers are worked to give, or not work. If they complain the unions bullies make life miserable for them.

    "House Speaker Nancy Pelosi this week told the Huffington Post that Democrats were being outspent eight to one, in an article that said liberal groups were set to spend a mere $7 million, in comparison to $200 million from conservative groups.

    But unions and liberal groups have said for months that they are spending what amounts to more than $200 million in this election cycle, and an updated count including a verification with major labor groups that their commitments still stand shows that amount to be more than $250 million now."

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