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S&P Downgrades U.S. Sovereign Debt

S&P Downgrades U.S. Sovereign Debt

From Bloomberg: S&P Cuts U.S. Rating for First Time on Deficit Reduction Pact The U.S. had its AAA credit rating downgraded for the first time by Standard & Poor’s, which slammed the nation’s political process and said lawmakers failed to cut spending enough to reduce record deficits. “The downgrade reflects our opinion that the fiscal [...]

Senator Webb, Support ALL the Bush Tax Cuts!

While Senator Jim Webb (D-Va.) has proven to be a solid, left-wing voter so far, (ObamaCare, Financial Reform, etc.), it looks like he may be trying to slip out of lockstep and tiptoe to the right this fall, along with some other fellow Democrats who fear an increasingly angry electorate. Blogger Jay Hefflin notes  in a September [...]

Supreme Statism: EPA Over All

In its statist, bureaucratic and “best and brightest” attempt to insert itself (without Congressional authority) into the climate change scare, the EPA declared in 2009 that carbon dioxide (what you exhale and plants absorb) is a danger to public health. This unprecedented power grab will result in the EPA governing – and draining wealth from [...]

Senator Jim Webb Ignores Health Care in his Annual Report…what?

So I received in my email today the “Annual Report” from Senator Jim Webb. This is a very long document of what he considers his accomplishments for 2009. Do you want to see a portion of his email? Please grab your trash can or be near a toilet in case the need to vomit suddenly [...]