U.S. Politics

Political Stories that have an emphasis on the United States

What Budget Cuts?

What Budget Cuts?

Listening to the liberal media, you’d think the era of big government is finally over. After all, Obama signed off on deal that includes: “New massive cuts” … “severe spending cuts” … “draconian and unnecessary budget cuts” … Spending won’t be cut at all. It’s only a “cut” compared to increases the CBO “assumed”. Imagine if you ran your budget that way. Dinner conversation might go like this: “Since we’re […]

Jimmy McMillan Is Being Evicted Why?  You guessed it, “the rent is to Damn High”

Jimmy McMillan Is Being Evicted Why? You guessed it, “the rent is to Damn High”

Guess what The Man is doing to Jimmy McMillan now? Kicking him out of his rent-controlled East Village apartment! His landlord claims that McMillan’s primary residence is actually an apartment in Brooklyn, but McMillan calls this a “trick they all play via Jimmy McMillan Is Being Evicted – New York Magazine. Related: Jimmy McMillan, ‘Rent Is Too Damn High’ Candidate, Faces EvictionCBS New York ‘Rent Is Too Damn High’ Guy […]

America Like Greece? U.S. borrowing tops 100% of GDP America Like Greece!

America Like Greece? U.S. borrowing tops 100% of GDP America Like Greece!

US gross debt shot up $238 billion to reach 100 percent of gross domestic product after the government’s debt ceiling was lifted, Treasury figures showed. On Tuesday, the Treasury had to add more than $200 billion of commitments immediately after President Barack Obama signed into law an increase in the debt ceiling. The liabilities had been temporarily taken off the federal government’s balance sheet since May 16, when the Treasury […]

Poof! Market drops 515 points as Debt deal allows worried investors to buy safer U.S. Treasury Bills

Poof! Market drops 515 points as Debt deal allows worried investors to buy safer U.S. Treasury Bills

Poof! There goes any progress stocks made in 2011. So what are investors buying?  Treasury Bills!  Looks like investors where just waiting on the sidelines hoping for a Debt Deal in the United States.  So the Democrats where wrong again.  Democrats blamed the GOP that markets were dropping because they were slow on making a debt deal. Stocks plunged Thursday, with the Dow tumbling 515 points to hit its lowest […]

The debt deal Super Committee could cut Obamacare

The debt deal Super Committee could cut Obamacare

It’s the top headline on Drudge right now and a few folks are buzzing about it on Twitter, too. Yesterday, I wrote about the likely cuts to defense funding that will come if (when?) the Super Committee deadlocks. Now, it looks like progressives on the Committee might actually have equal impetus to ensure the Gang of 12 arrives at $1.2 trillion in deficit reduction, after all. The signature accomplishment of […]