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Watchwoman on the Wall
Thoughts From My Bro-in-law
By
Donna Calvin
I had this thought this morning and just wanted to share it! You know what may be interesting to many people is the fact that Obama wants “The Rich” to pay more in taxes to pay down the national debt, when they are not the ones that put the country into debt! — Dave
BREAKING NEWS! (Good News) House of Representatives votes 234-190 to pass a “cap, cut and balance” bill
By
Donna Calvin
CNN reports that the House of Representatives voted 234-190 to pass a “cap, cut and balance” bill. This bill will impose strict caps on all future federal spending while making it significantly tougher to raise taxes. However, Obama has said he would veto it. Democrats, who have control of the Senate, have said they will kill…
What Will Happen if the USA Defaults – Has it ever happened before?
By
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 the raising of the debt ceiling from its legislated maximum of $14.294 trillion dollars. This…
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