Moody’s Tells US: Put Your Financial House in Order
Posted on 08. Dec, 2009 by James Devere in Political News
On the eve of Obama’s trip to Denmark, in which he may announce new spending plans for developing countries, Moody’s is poised to send a warning that America’s triple-A credit rating is at risk. For generations the country has relied on deficit spending and the strongest credit rating to manage the country’s finances. This new [...]
Harry Reid is OK with Wasting Taxpayer’s Money
Posted on 20. Oct, 2009 by James Devere in American Politics
Senate majority leader Harry Reid recently caused a stir by commenting that tort reform would only save 54 billion dollars out of what is a 2 trillion dollar healthcare plan. Most of the headlines have dealt with the 2 trillion dollar price tag. Little has been said about the claim that 54 billion dollars per [...]
President Obama: Creating Jobs to Kill Jobs
Posted on 15. Oct, 2009 by James Devere in American Politics
The Dow crossed back over 10,000 today and many in the media are touting an economic recovery. But the signs of a robust economy are low unemployment and a strong middle class. What is being done to make sure that those two indicators are going to follow the market? President Obama offered only platitudes on the [...]
