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Watchwoman on the Wall
Watchwoman on the Wall Archives

By Alex Wong | AFP – 16 hours ago US gross debt shot up $238 billion to reach 100 percent of gross domestic product after the government’s debt ceiling was lifted, Treasury figures showed. Read More: http://uk.news.yahoo.com/us-borrowing-tops-100-gdp-treasury-000802893.html       […]

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$239 billion spike uses up 60% of funding OK’d on Tuesday U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new borrowing room it earned in this week’s […]

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[Proverbs 29:2] When the righteous are in authority, the people rejoice: but when the wicked beareth rule, the people mourn. CNN BREAKING NEWS reports: The Republican-controlled House of Representatives rejected Senate Majority Leader Harry Reid’s plan to raise the nation’s […]

Watchwoman: This sounds very dangerous to me.  If Obama bypasses Congress, then isn’t that exactly doing what dictators like those in Cuba, Venezuela and North Korea do?  What am I seeing here that Dem. Rep. Commie Clyburn fails to mention? ▬ Donna Calvin […]

THE MISES INSTITUTE http://mises.org/daily/5463/A-Short-History-of-US-Credit-Defaults Daily Email Newsletter July 15, 2011 A Short History of US Credit Defaults by John S. Chamberlain on July 15, 2011 On July 13th, the president of the United States angrily walked out of ongoing negotiations over […]

  Eat Our Peas? How About No New Taxes? Steven | July 12, 2011 at 12:39 pm | Source URL: http://wp.me/p1fm9a-bo The condesending Obama has returned in fine form. Yesterday the President declared it’s time for us to “eat our peas.” Apparently eating […]

  House Republicans have engineered the defeat of their own proposed $2.4 trillion increase in the debt limit, a political gambit designed to reinforce a demand for spending cuts to accompany any future increase in government borrowing. The vote Tuesday […]

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