budget

Looks like congress is gonna give the president permission to spend more money. One sentence in this article really caught by eye:

"....when your cash burn rate averages more than $100 billion a month.”

I wonder why Obama didn't do a "stress test" on the US goverment when he did it on all the banks????? 

Through Fannie Mae, Freddie Mac, and FHA the government is now behind 80% of new home loans.  These huge housing subsides will cost tax payers half a trillion in the end.  Even worse, these programs only encourage people who can not afford a house to borrow more than they should.  When will we stop making the same mistake over and over again? 

Today while I was running on the treadmill at the gym I saw a new Obama commercial for Health Care.  I tried to find in on YouTube so I could share it with you, but couldn't locate it.  Anyhow, during the commercial Obama talks about the "lies" being spread about the health care bill and then outlines his promises.  If you remember, early on, one of Obama's promises regarding theRead more

And the numbers keep getting bigger...