Obama's Debt-Ceiling Scare Tactics > The Social Security 'coffers' are very far from running dry. … when the president says that thanks to the debt ceiling "there may simply not be the money in the coffers" to send out the $20 billion in August Social Security checks, he either does not understand the way the system works, or the administration intends to spend the money on something else.
WOW! Fed audit: $16 trillion in loans to banks in less than three years: Yes, that’s sixteen trillion dollars in “emergency” loans to financial institutions from the beginning of the recession in December 2007 to just one year ago. The long-awaited GAO audit shows that the Federal Reserve loaned more than the worth of the annual US economy, and not just to American banks, although US institutions got the lion’s share. [Does anybody out there understand what this means? Hint – Who then is in control of the banks? – JS]
SHENANIGAN Watch! The Senate voted 51-46, along strict party-lines, on Friday to kill the House Republicans' "cut, cap and balance" legislation. [What the left isn’t saying is that the bill was tabled without discussion. It would appear that neither Reed nor Obama wanted any embarrassing debate moments in spite of the fact that 66% of Americans Want a Balanced Budget. If We the People are going to go down to statist manipulation, I hope we do it swinging, not just bleating. – JS]
JAMES O'KEEFE'S Latest Shocking Undercover Video: Medicaid Staff Helping Rich Drug Dealers, Terrorists & Foreign Mobsters [The guy who exposed ACORN is back! This may be even worse. – JS]
RINO Watch >Senate Votes Down GOP 'Cut, Cap and Balance' Plan: The Senate voted 51 to 46 on Friday to kill the House-passed "cut, cap and balance" bill, clearing the way for Congress to consider another measure to raise the federal debt ceiling with negotiations at a critical point before the Aug. 2 deadline.
It remains to be seen if the alternative will be the so-called grand bargain being discussed between the White House and House Republicans, or a fall back, like the plan from Senate Majority Leader Harry Reid, D-Nev., and Minority Leader Mitch McConnell, R-Ky., to give President Obama the power to raise the ceiling by $2.5 trillion in three steps.
House Republicans had publicly touted the "cut, cap and balance" bill as their solution on how to raise the $14.3 trillion debt ceiling and GOP leaders hope its defeat will make it easier for rank-and-file Republicans to accept an alternative deal. [The RINO’s are rutting again! – JS]
“I’m a threat because I’m the guy that got off their 21st century plantation and they cannot afford to have a strong voice such as mine out there reverberating and resonating across this country. And even more so, they’re not used to anyone that says, ‘I’m going to fight back against you.’” Allen West
Governor Rick Perry (R-TX) is rising fast in the GOP preference polls. Two polls now show him running second to GOP front-runner Mitt Romney. Perry is drawing strong support from newly engaged evangelical Christian voters. [Is this the guy we need to win? I sure think so! – JS]
Why should Americans pay higher taxes? Well, they shouldn't, but the left has developed a unique set of poetic terminology explaining the "neighborly" duty of "contributing your fair share." Jonah Goldberg explains.
Tell a joke:
Q: Why do so many liberals live in LA?
A: It's the only city easy enough for them to spell.
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