Now Social Security needs a bailout

What could be a sign of more rough roads ahead than the fact that Social Security is now cash-negative? For the first time in decades, Social Security is taking in less taxes and cannot fulfill benefits:
No one has officially announced that Social Security will be cash-negative this year. But you can figure it out for [...]

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Sadly, the end of our Republic

If anything, the recent fight over the health care “deform” bill in the U.S. Senate proves only one thing: America is fading fast as a republic.
What is republicanism? It is a form of government our Founding Fathers desired, in which leaders are elected to serve their constituents. That’s why we have elections from a municipal [...]

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Senate health care bill is 2,074 pages of hurt on America

First question, how many senators will actually read this monster?
Not many, I dare say.
And how much will it cost? The CBO hasn’t scored it yet, but Democrats are pulling a number out of their asses: $849 billion.
Worse yet? Every American on the government health care plan will be forced to subsidize abortion, whether you agree [...]

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Kill (health care) Bill, Vol. 1

Ten thousand conservatives are in Washington, D.C. today, at the Capitol, to protest the 1,990-page House health care bill introduced by Speaker Nancy Pelosi (D-CA). Rep. Michele Bachmann (R-MN) was the one that hatched this idea and it gained so much momentum that other Republican politicians came out to speak at the rally, including Minority [...]

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More job loss projected

The nonpartisan Congressional Budget Office (CBO) has some bad news for the job market: another 2.3 million people will lose their jobs in 2010. That’s another 10% rise in the next year, or close to 10.2% nationwide unemployment.

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ObamaCare momentum waning

We’ve already covered all the reasons why ObamaCare would be devastating to the economy and to your health. Fortunately, all this attention is getting somewhere!
But first, a huge bombshell: nonpartisan Congressional Budget Office warns the dire economic consequence if this health care bill is passed. CBO Director Douglas Elmendorf testified before a Senate committee, and [...]

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