Well, that’s what the headline should read. Russia last week, China this week; China, the largest foreign investor in U.S. government securities, joined Russia in criticizing American policy makers for failing to ensure borrowing is reined in after a stopgap deal to raise the nation’s debt limit. Note they were not impressed by the bi-partisanship, [...]
Editor’s Note: This article is particularly timely considering statements by President Obama at a news conference yesterday (Thursday, June 29, 2011). For a transcript click here, for video, click here. This post is a conglomeration of thoughts around a common theme: Current Congressional talks re raising the debt ceiling. The title includes a quote attributed [...]
There is an unfortunate tendency within human beings to deny the truth if it is too difficult to process. Politically this phenomenon is seen most frequently when people make the acknowledgment that it would be better to sweep incumbents out of office and start over with some “real people”. When it comes time to vote, [...]
In an interview conducted by the host of a local radio station just prior to the November 2nd election, now 4th term Congressman Jeff Fortenberry made several comments that deserve scrutiny. We’ve already discussed Fortenberry’s apparent back-pedaling, during that interview, from the Republicans’ commitment to the voters to repeal and replace the health reform law. [...]
By Shelli Dawdy I’m a frustrated taxpayer. Very frustrated. Where’s the frustration coming from? Right here in Nebraska’s capital. As I’ve been looking at Nebraska’s budget, I’ve been very disappointed to realize just how many of those dollars come from the federal government. Recently, I shared two charts that quantify Nebraska’s revenue sources in graphic detail. [...]