Rick Santelli's Chicago Tea Party |
| Posted: 28 Mar 2009 05:04 PM PDT “We must not let our rulers load us with perpetual debt…” Email this post |
| Whatever happened to balanced budgets? Posted: 28 Mar 2009 04:57 PM PDT 1997 was the last time the Federal Government balanced its budget. This occured under President Clinton and a Republican controlled Congress. When President Bush entered office, he actually inherited a budget surplus for the first time in decades. However, he quickly ran up huge budget deficits and doubled the national debt over eight years. [...] |
| A quote from FDR’s Treasury Secretary Posted: 28 Mar 2009 04:17 PM PDT Henry Morgenthau, after two terms of FDR’s “New Deal”, stated, “We have tried spending money. We are spending more than we have ever spent before and it does not work…After eight years of this Administration we have just as much unemployment as when we started…And an enormous debt to boot!” Email this post |
| Posted: 28 Mar 2009 04:07 PM PDT Many consider Federal Reserve Chairman, Ben Bernanke, to be a financial genius. However, a closer look at some of his most crucial predictions suggest the opposite. First, in early 2008, Bernanke predicted that the US would not fall into a recession. In early 2009, we are now mired in the worst recession since the Great Depression. Second, [...] |
| Posted: 27 Mar 2009 11:17 AM PDT Obama’s defense budget is virtually identical to that of the Bush administration’s, around half a trillion dollars. However, with a nearly $2 trillion budget deficit and over $11 trillion of national debt, can we afford to be in over 90 countries around the world? Or is it possible, as some have suggested, to [...] |
| Congresswoman’s bill would ban global currency Posted: 27 Mar 2009 08:37 AM PDT Congresswoman Michele Bachmann is introducing legislation to prevent the US Dollar from being replaced by any global currency. This is the first, big step toward protecting America’s monetary sovereignty. Next, Congress should stop agreeing to nearly $2 trillion budget deficits, and the Federal Reserve should quit printing trillions of dollars out of thin air. [...] |
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