EXCERPT FROM: Christian Coalition of America Washington Weekly Review Friday, July 29, 2011 Republicans Guarantee Social Security Checks, Military Pay, Public Debt Payments with Sen. Toomey’s Bill Republicans in the United States Senate and the United States House of Representatives are apparently the only ones in Washington D.C. who want to make sure that senior citizens…

[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 debt ceiling Saturday, voting against the bill 173-246.  The Democratic-controlled Senate rejected Speaker John Boehner’s…

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 the raising of the debt ceiling from its legislated maximum of $14.294 trillion dollars. This…

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