Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label US Govt National Debt. Show all posts
Showing posts with label US Govt National Debt. Show all posts

Friday, December 30, 2011

News from The Hill: White House delays $1.2T debt hike to allow votes in Congress




News from The Hill:

White House delays $1.2T debt hike to allow votes in Congress 
By Peter Schroeder 
The White House has agreed to hold off on formally requesting a $1.2 trillion increase in the debt limit to give Congress time to vote on it. The Obama administration had said that the the Treasury Department could formally request the debt increase as soon as Friday. Officials say the federal debt is nearing the maximum permitted under the law.

Read the story here.


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Wednesday, November 16, 2011

CEI and Freedom Action Propose $300 Billion in New Revenues to Break Super Committee Impasse


Contact:
Christine Hall, (202) 331.2258

Washington, DC, November 16, 2011 – The Competitive Enterprise Institute and Freedom Action on Tuesday proposed to Congress’s Joint Select Committee on Deficit Reduction that a minimum of $300 billion in additional revenues be raised by unlocking non-performing and under-performing federal assets.

The $300 billion would be raised through a combination of sales of federal lands and other assets, expedited oil and gas production on federal lands and in federal offshore areas, returning the National Forest System to profitability by increasing timber sales, increasing coal leasing on federal lands, and auctioning broadband spectrum.

“We offer our suggestion of adding $300 billion in revenues without raising taxes in the hope that it can help break the impasse in the Super Committee,” said Myron Ebell, director of CEI’s Center for Energy and Environment and president of Freedom Action.

The federal government owns almost 30% of the land in the United States, most of which is controlled by the four federal land agencies and the Department of Defense.  Many of these lands and other federal properties have high commercial potential.  Selling some federal lands and buildings will put money in the federal treasury and put unproductive assets to use, thereby increasing local property taxes as well as corporate and personal income taxes.

Federal lands and offshore areas have huge oil and gas resources, most of which are closed to production.  In addition, federal lands have enormous coal, timber, and mineral resources.  Expedited oil and gas leasing and permitting will add federal revenues through lease auctions and royalty payments once production begins.  National Forest timber sales can be increased from roughly two billion board feet per year to their historic, sustainable level of twelve billion board feet per year.

“Rather than gaining additional revenue through tax increases, which depress economic activity, unlocking federal assets will provide a huge boost to the American economy, far beyond the additional $300 billion in federal revenue,” Ebell continued.  “Putting federal lands and resources to use will also lead to trillions of dollars of new economic activity and put millions of people to work in real jobs—that is, jobs that are not subsidized by taxpayers.

“When companies or families get into financial trouble, one of the first things they do is see if they have anything they aren’t using or don’t need that can be sold or put to use,” Ebell continued.  “The federal government, which has colossal potential assets that are locked up, should be doing the same thing.”

The letter from CEI and Freedom Action to the Joint Select Committee on Deficit Reduction may be found at http://cei.org/supercommitteeletter.

CEI is a non-profit, non-partisan public policy group dedicated to the principles of free enterprise and limited government.  For more information about CEI, please visit our website, cei.org, and blogs, Globalwarming.organd OpenMarket.org.  Follow CEI on Twitter! Twitter.com/ceidotorg.

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Friday, October 28, 2011

More corruption in O-Scamma-land


More corruption in O-Scamma-land

Not sure of the facts here--thought it might be good political fodder if there is any spec of truth.

More corruption in O-Scamma-land

NOBAMA strikes again..............

What is amazing to me that they are so unashamedly blatant in their criminal behavior.

The Solar thing just got a little more interesting.......REALLY!

The Tonopah Solar company in Harry Reid's  Nevada is getting a $737 million loan from Obama's DOE.

The project will produce a 110 megawatt power system and employ  45 permanent workers.

That's costing us just $16 million per job.

One of the investment partners in this endeavor is Pacific Corporate Group  (PCG).

The PCG executive director is Ron Pelosi who is the brother to  Nancy 's husband.

Just move along folks.....nuthin goin on here.

*****

Sunday, October 23, 2011

News from The Hill: Liberal lawmakers highlight Defense fraud report to influence supercommittee cuts




News from The Hill:

Liberal lawmakers highlight Defense fraud report to influence supercommittee cuts
By John T. Bennett 
Liberal lawmakers will soon send the congressional deficit panel the details of a Pentagon report that shows defense firms over the last decade ripped off the military to the tune of $1.1 trillion, Democratic sources told The Hill.
Pro-military lawmakers from both parties have warned the supercommittee to avoid Pentagon spending cuts beyond the $350 billion ordered by the August debt deal.
But several Senate Democrats want the panel to keep in mind that dollars sent to the Pentagon are often lost to fraud and waste, even as some conservatives raise the possibility of retroactively exempting the Pentagon from the $600 billion cut that will be triggered if the supercommittee fails.
Read the complete story here.

For all the latest news:
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Sunday, September 18, 2011

News from The Hill: Tensions flare between White House, Europe ahead of IMF, World Bank meetings

Tensions flare between White House, Europe ahead of IMF, World Bank meetings


Read the full story here.




News from The Hill:

Tensions flare between White House, Europe ahead of IMF, World Bank meetings 
By Peter Schroeder 
Tensions between the Obama administration and Europe’s leaders will be high this week when Washington hosts the annual meeting of the International Monetary Fund (IMF) and World Bank.

The debt crisis in Europe has spread to U.S. shores, causing gyrations to financial markets also unnerved by the near-failure of the administration and Congress to raise the debt ceiling.

European leaders have struggled to get their hands around a debt crisis that started in Greece and has moved to European giants Italy and Spain. Worries about whether those countries can pay back their debts, and how this might affect banks on both sides of the Atlantic has contributed to a global economic slowdown.

It is a slowdown that threatens a second term for President Obama, whose approval ratings have plummeted on his handling of the economy.

Read the full story here.

For all the latest news:
Visit TheHill.com 
Follow @TheHill on Twitter
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News from The Hill: Tensions flare between White House, Europe ahead of IMF, World Bank meetings


Read the full story here.

*****

Sunday, August 07, 2011

This week in The Tentacle

This week in The Tentacle http://www.thetentacle.com/

Friday, August 5, 2011

Compromise Pleases Few
Roy Meachum
Easily, the only thrill of the dreary, repetitive debt ceiling debate this week Democratic Rep. Gabrielle Gifford presented. The almost killed congresswoman left her Houston rehabilitation hospital room to vote to end the stalemate that posed the possibility of the government reneging on debts due.

A Recipe for Failure
Joe Charlebois
The Tea Party is still the answer and the only hope to keep the United States from fiscal ruin. As the loosely knit group of like-minded fiscal conservatives becomes more and more organized, it risks the proposition of losing a large portion of its original supporters.

Keeping Score
Derek Shackelford
Intercollegiate athletics is big business. It’s time to stop acting like money does not play a significant role in collegiate sports.


Thursday, August 4, 2011

Now The Deal’s Done, What’s Next?
Patricia A. Kelly
They’ve made a deal, one that no one claims to like, but one that saves us, for the moment, from the catastrophe of default on our debts.

A New Path to School Construction
Blaine R. Young
On July 19 the Board of County Commissioners adopted a revision to the county’s Adequate Public Facilities Ordinance. After months of debate and numerous public meetings and hearings, the commissioners added a mitigation fee to address a situation where a school serving the project is at greater than 100% capacity.


Wednesday, August 3, 2011

Avoiding Debtmageddon
Kevin E. Dayhoff
Now that Congress and the president have reached an agreement to avoid Debtmageddon, Americans can now turn their collective attention to the hard cold reality – the current recession continues to grind down the very soul of our society.


Tuesday, August 2, 2011

“Dog Days” and Washington
Roy Meachum
Mad dogs were the terror of the summers during my Southern childhood, before universal vaccine and the prosperity wrought by World War II. Loved pets forced to be abandoned by the Great Depression hooked up with already wild packs.

“…and the beat goes on”
Shawn Burns
The end of days is upon us. The debt ceiling “crisis” has delivered us to the edge of the cliff, painted us into a corner and has us running around like chickens with our heads cut off. Well, at least that’s what our leaders in Washington would have us believe.

Who’s Responsible?
Nick Diaz
Fortunately for me, I have outstanding students in my math classes. During class time, most of them work very hard and will do just about anything I ask of them. Over the years, however, I haven’t been too successful in teaching them the importance of preparing, practicing, and thoroughly studying outside the classroom.


Monday, August 1, 2011

While You Were Sleeping II
Steven R. Berryman
Controlling the conversation has become much more important than what the conversation itself is actually about, as in many a good negotiation tactic. I could use the word “manipulation,” but that’s trite now.

On the Debt Ceiling
Michael Kurtianyk
It was with great regret that many Americans not only watched President Barack Obama’s speech on the debate over the debt ceiling, but also the response by House Speaker John Boehner.


Friday, July 29, 2011

Anti-Muslim Bigotry
Roy Meachum
Even after Norwegian police posted Anders Behring Breivick’s picture on the media, a right-wing, anti-Muslim friend cautioned that I should not “assume” Islamists were not involved in last Friday’s horror.

Priority One: Job Growth
Blaine R. Young
One of the first things that a new Board of County Commissioners does upon taking office is to develop its strategic plan for the next four years. The current board did so over a two-day retreat at which we heard from our department heads, managers and other stakeholders.

*****

Friday, July 29, 2011

Washington Post: News Alert: Senate tables Boehner bill

News Alert: Senate tables Boehner bill 

July 29, 2011 8:32:10 PM
----------------------------------------

Roughly two-and-a-half hours after it was passed by the House, Senate Democrats on Friday night tabled, 59 to 41, House Speaker John Boehner's bill to raise the debt limit.Senate Majority Leader Harry Reid will now try to broker his own plan with Republicans and the White House before the debt ceiling expires on Aug. 2. Reid's current bill would achieve $2.2 trillion in deficit savings over ten years, according to the Congressional Budget Office.


For more information, visit washingtonpost.com
*****

Monday, August 16, 2010

Frederick News-Post editorial: Politicians' tightrope

Frederick News-Post editorial: Politicians' tightrope

Originally published August 15, 2010

http://www.fredericknewspost.com/sections/opinion/display_editorial.htm?StoryID=108591

Any member of Congress is faced with a dilemma in this age of outrage against government spending.

On the one hand, to be seen as effective, to assure his or her constituency that he or she is doing something, money needs to flow back into the district from federal coffers.

Roads and bridges need to be built, interstates mended, businesses boosted, jobs created.

On the other hand, our lawmakers mustn't be seen to be too greedy; in fact, they must eschew government spending, take a stand against it. In extreme cases, they must reject it altogether.

It's a tightrope walk for most politicians, a delicate dance between conflicting poles.

[…]

We can see both sides of this equation, and it was pointed out rather sharply in reporter Meg Tully's Political Notes column on Friday.

Andrew Duck, a Democrat running in District 6, fired a salvo at U.S. Rep. Roscoe Bartlett after he saw Bartlett's chief of staff, Bud Otis, in attendance at a groundbreaking for the C&O Canal Big Slackwater restoration project in Washington County. That restoration has been paid for with federal stimulus money, and the event attracted representatives of U.S. Sens. Barbara Mikulski and Ben Cardin, both of whom voted for the legislation.

Duck pointed out that Bartlett opposed the stimulus plan… http://www.fredericknewspost.com/sections/opinion/display_editorial.htm?StoryID=108591

20100815 FNPed Politicians tightrope

http://kevindayhoff.blogspot.com/2010/08/frederick-news-post-editorial.html

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Kevin Dayhoff Soundtrack: http://kevindayhoff.blogspot.com/ = http://www.kevindayhoff.net/ Kevin Dayhoff Art: http://kevindayhoffart.blogspot.com/ or http://kevindayhoffart.com/ = http://www.kevindayhoff.com/ Kevin Dayhoff Westminster: http://kevindayhoffwestgov-net.blogspot.com/ or http://www.westgov.net/ = www.kevindayhoff.org Twitter: https://twitter.com/kevindayhoff Twitpic: http://twitpic.com/photos/kevindayhoff Kevin Dayhoff's The New Bedford Herald: http://kbetrue.livejournal.com/ = www.newbedfordherald.net Explore Carroll: www.explorecarroll.com The Tentacle: www.thetentacle.com