Category: Fox 51 Primetime

Who really sets the debt limit?

Bill and Marge have been hitting the VISA card each month to close the gap between what they earn and what they spend. Their reckoning is coming. The U.S. Government needs to learn from Bill and Marge.

S&P’s shot across the bow.

Yesterday, Standard & Poor’s issued a negative outlook on the sovereign debt of the United States. Thus the U.S. joins an ignominious pantheon of bankrupt companies and failed socialist states.

Hats off to Paul Ryan.

House Budget Committee chairman Paul Ryan went to a Washington, D.C. tattoo parlor and had a giant target tattooed on his forehead. Or so it is going to seem in the coming weeks.

The public/private disconnect.

I got an email from the superintendent of the school district where my younger daughter goes to school talking about the impact of state budget funding cuts.

Disturbing parallels.

Carter lacked the charisma of Obama, good news for Obama, because the parallels between them should otherwise be of great concern to Obama.

Incoherent.

President Obama recently gave a speech in Brazil encouraging them to develop offshore oil reserves and promising to be their “best customer” once the oil is on the market.

Another war?

A decisive, overwhelming victory in the greater Middle East would cost hundreds of billions of dollars and many thousands of lives.

Can they stand the heat?

How closely are you watching what’s going on in Wisconsin with Governor Scott Brown and his standoff with the public employee unions? How closely are you following the battle in Congress regarding the Republicans’ demand to immediately cut spending as a condition of keeping the government funded beyond Friday? I still go work and show up at my daughter’s soccer games and otherwise live my life, but I’m nonetheless following the stories very closely. And...