Author Archives: Jim

Obama Using Accounting Cheat to Hide $761.5 Billion in Deficit Spending

Posted on February 21, 2013 by Jim

Federal Times reports an OPM announcement that the unfunded liability for federal employee pensions is $761.5 billion– the size of a TARP bailout. Today private companies, like Ford, have been pouring their profits into pension liabilities instead of new jobs, … Continue reading →

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Raising the Debt Ceiling, a False Controversy

Posted on February 20, 2013 by Jim

In January 2013, our Congress voted to temporarily suspend the federal debt ceiling [HR 325].  This political grandstanding was designed to stick President Obama with the tar baby of our federal debt and distract Americans from that fact that Congress … Continue reading →

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Solve Social Security Underfunding – End Retirement

Posted on February 19, 2013 by Jim

Is Social Security in financial trouble?  Politicians and pundits evade, dissemble, and argue around the problem.  Instead of me just being another average citizen pointing out that the Emperor has no clothes, what do the Social Security Trustees have to … Continue reading →

Posted in Congress | Tagged , , , , , , , | 1 Comment

Obama Attacks Free Speech Again

Posted on February 18, 2013 by Jim

Is there anything that Barack Obama hates more than freedom of speech?  If you can think of anything, please comment. In any point of domestic public controversy related to the freedom of speech has the Obama Administration ever taken the … Continue reading →

Posted in President | Tagged , , , , , , , | 39 Comments

Question #7: If we ‘privatize’ Social Security, what would happen to people that recklessly invest their retirement and lose it?

Posted on February 17, 2013 by Jim

The following question comes from Reddit: If we ‘privatize’ Social Security, what would happen to people that recklessly invest their retirement and lose it? First, in the question, there is an unfounded premise about risk as in:  government control of … Continue reading →

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