Tag Archives: Barack Obama
NJ Gov. Christie Evades Government Spending in Union Giveaway
Bloomberg reports that New Jersey’s unfunded public employee pension liability increased by $5.5 in 2012, which is a 13% increase in the states total unfunded pension liability. As I have written before in the case of Obama’s $761.5 billion accounting … Continue reading →
Gay Marriage and Barbara Jordan
As part of a school assignment related to Black History month, I assisted my niece with her paper on Barbara Jordan. Of course, in my family who is the go to guy for black history but me? Probably the people … Continue reading →
President Truman vs. General MacArthur: The Problem of Inferior Leaders
The Korean conflict between President Harry S. Truman and General Douglas MacArthur has been framed in history by the partisans of Truman as a case of the commander-in-chief replacing an insubordinate general. However, the full context is not only more … Continue reading →
Obama Using Accounting Cheat to Hide $761.5 Billion in Deficit Spending
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 →
Raising the Debt Ceiling, a False Controversy
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 →