US Debt

    I Think S&P Was Too Kind

    By: BigGator5 (Diary)  |  August 6th at 10:00 AM  | 

    I still don’t have a computer, so this won’t be as indept as it should be. Last night, Standard & Poor’s lowered the US Government’s credit rating from AAA to AA+. Honestly I think they were too kind and we got off light. I wouldn’t buy US Bonds if they were the last investment in town, and that has been my stance for years now.

    A Progressive’s Austerity Plan: More Spending And Taxes!!!!

    By: BigGator5 (Diary)  |  April 11th at 10:00 AM  | 

    Austerity is a government policy of deficit-cutting; lower spending and a reduction in the amount of benefits and/or public services provided, while sometimes coupled with increases in taxes (but not necessary). Can we all agree on this definition? If so, let’s look at progressive Richard Eskow’s counter “austerity” plan: Say what you will about Rep. Ryan’s budget proposal, it’s a vision. (…) It may not | Read More »

    On St. Patrick, We Are Drunk On Red Ink

    By: BigGator5 (Diary)  |  March 17th at 10:00 AM  | 

    (Title Inspired By Daniel Hannan*) Happy St. Patrick’s Day, my friends! Better drink up that green beer, because we are drowning in red ink. I know is called “RedState” but that doesn’t mean we like the idea of government turning out red ink everywhere it goes.