National Debt

Issues pertaining to the National Debt

Fiscal Reality versus Political Need; The Truth about Obama’s Jobs Bill

October 29, 2011
Fiscal Reality versus Political Need; The Truth about Obama’s Jobs Bill
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LEE’S SUMMIT, October 26, 2011 – Last week every station carried Vice President Biden’s plea to pass the $35 Billion pared back jobs bill to put “teachers, firefighters and policemen back to work”.  Vice President Biden tried his best to convince people to call congress by claiming in that to not pass the bill would [...]

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The United States, for the first time in history, lacks leadership.

August 8, 2011
The United States, for the first time in history, lacks leadership.
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LEE’S SUMMIT, August 8, 2011 – In the middle of the Free Fall on Wall Street, the President of the United States gave a speech that spread blame, put off leadership to committees, and offered nothing new for investors to use as a foothold in order to start climbing again.  At the end of the [...]

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Standards & Poor Downgrades US Debt to AA+

August 6, 2011
Standards & Poor Downgrades US Debt to AA+
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LEE’S SUMMIT, August 6, 2011 – Last night the dreaded de-rating of the United States Debt took place; Standards and Poor saw it fit to reduce the valuation of the US Debt and to put a fine point on it, they notified the world that further reductions may be required (click here for details). The [...]

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Rating Agencies: Conflict of Interest

July 26, 2011
Rating Agencies: Conflict of Interest
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LEE’S SUMMIT, July 26, 2011 – The Investment Rating Companies like Standards & Poor and Moody’s need to stay out of the political fray and keep their comments regarding the debt ceiling debate to themselves.  S&P walked away from a quote this morning on the news that was attributed to “… an influential investor met [...]

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Obama’s Economic Grade: F

July 18, 2011
Obama’s Economic Grade: F
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The reason Obama is under such scrutiny by American’s is that he increased the National Debt by Three times he’s nearest Debt Culprit, and has shown that he’s not laser focused on the economy as he continues to claim.

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Obama Administration Backpedals on Social Security Scare

July 13, 2011
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LEE’S SUMMIT, July 14, 2011 – The Obama administration is trying hard to walk away from President Obama’s comments on CBS with Scott Pelley, where he said: Mr. Obama: I cannot guarantee that those checks go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in [...]

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Washington; What a Town…

July 7, 2011
Washington; What a Town…
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Lee’s Summit, July 7, 2011 – I just arrived from a long day’s work (just after 11:00 PM) and read a story that truly made me wonder why I don’t blog more often.  The issues that set me to the task of running a blog are still as true today after almost 3 years of [...]

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Creator versus Consumer of Wealth

June 30, 2011
Creator versus Consumer of Wealth
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Philadelphia, June 30, 2011- Today my day started in Lee’s Summit at 3:15AM headed for a 6:15 flight out of MCI through Detroit to Philadelphia.  The reason for the trip was strictly business; but I was surprised about what I learned about a small company that at one point was purchased by a much larger [...]

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The 2011 Budget: Government Shutdown Looms

April 5, 2011
The 2011 Budget: Government Shutdown Looms
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Lee’s Summit, April 5, 2011- OK, will you explain something to me please?  Was the 2011 budget not the responsibility of Reid and Pelosi last year at this time?  Why are we still talking about it?  Oh, yeah: Because they did not do their job in the Pelosi Congress so now Boehner has to resolve [...]

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Will the government shut down on April 9: If so, then what?

March 30, 2011
Will the government shut down on April 9: If so, then what?
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Lee’s Summit, March 30, 2011 – This year we may finally be getting the attention of Congress and start the country on the right path.  In November American’s voted overwhelmingly for expense reduction by Washington.  Dozens upon dozens of new congressman were elected on the single-minded vote: Cut our runaway spending. The pundits are arguing [...]

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