You are going to be hearing an awful lot about ‘spending this’ and ‘not spending that’ over the next several months from President Obama, Congress and the ‘Super Commission’ charged with the responsibility to do what Congress should have done for the past decade, truth be told.
Achieving ‘World Peace’ might be an easier objective.
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BY FRANK HILL
Reprinted from Telemachus.com
Editor’s Note: This was written prior to the new agreement.
Some people think it is Senator Harry Reid. Some think it is President Obama. Others think it is Speaker John Boehner. The Tea Party is getting its share of the blame as well.
We happen to think Speaker Boehner is emerging as a statesmanlike leader during this whole thing. He had been parodied as man who shed a tear much too quickly but he is looking more and more like the adult in the room as this thing drags on.
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BY FRANK HILL
Reprinted from telemachus.com
Do you ever get the strange feeling that someone might be getting a better deal under the same federal tax code than you are?
Well, they are…millions of your fellow Americans are. To the tune of close to $1 trillion in saved tax payments per year. Each year. And you keep paying all of your taxes like a great American without even knowing why.
BY FRANK HILL
Reprinted from Telemachus.com
If you are solely disappointed that the Obama $787 billion economic stimulus package has not worked to create millions of new jobs, here’s a $1 trillion economic stimulus program that is guaranteed to work.
Except that this time, it would have zero impact on reducing federal tax revenues, increasing deficits and the national debt and it would all be done by the ‘private sector’, not the public sector.
BY FRANK HILL
Reprinted from Telemachus.com
‘Would John Maynard Keynes himself even agree with all this perpetual deficit-spending that has been going on for the past 40 years in America?’