Archive for July, 2011

The Debt Debate Continues

And the battle for fiscal sense rages on.  Last night, the President took his message to the people and urged them to get involved with this issue.  Interestingly, absent a looming presidential election cycle the people’s opinions did not matter all that much when his expensive health care plan was making its way through a […]

, , ,

Leave a comment

Kleptocratic Sentiments Revealed

I may be giving him too much credit, but President Obama probably misspoke when he revealed his true sentiments toward individual private property in today’s White House press briefing regarding the ongoing debt ceiling negotiations.  Whether it can be justifiably termed socialist, the fact is that he – along with many other American politicians, members […]

, , , ,

5 Comments

Happy Independence Day

Today marks the 235th anniversary of America’s inception.  On this date in 1776, the United States effectively announced her independence from the dominion of Great Britain’s George III and embarked upon a long, trying road fraught with war, a precarious peace, and the social and political tumults inherent to the formation of a new nation.  […]

, , , , ,

2 Comments

Debt Ceiling Powers Reinterpreted?

Recently, Treasury Secretary Tim Geithner publicly implied that the 14th Amendment’s fourth section authorizes the president to unilaterally raise the nation’s debt ceiling without congressional approval. For context, Section 4 of the 14th Amendment reads: The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions […]

, ,

Leave a comment