At a time when Americans are speaking out against government bailouts and wasteful spending, President Obama is committing at least $50 billion of U.S. tax dollars to help bailout Greece and the European Union.
Just today, the Financial Times reported that the IMF is seeking to boost its lending resources by another $250 billion. If the IMF is successful, the U.S. contribution to the E.U. bailout could be upwards of $100 billion.
I’ve been saying since I learned of this bailout, that the federal government should not be borrowing more money – much of it from China – to subsidize the fiscal recklessness of European nations. That’s why I introduced a Congressional resolution opposing U.S. participation in the European bailout.
Share on Facebook 1 1 SHARES This memorial day, rapper Snoop Dog reached out via an Instagram video with a little bit of a rant about the current state of black media. Snoop, seeing Roots being played during a day that should be all about our fallen troops, was agitated that the only time they want to talk about blacks in art is to talk | Read More »
Share on Facebook 1 1 SHARES Today is Memorial Day, and companies across the county have taken time to honor the servicemen and servicewomen who have sacrificed all for our freedom. For instance, at some Chick-fil-A locations (probably most, if not all), there is a Missing Man table complete with Bible, flag, and empty place setting arrayed to honor those who never returned home from the battlefield. I happened across | Read More »
Share on Facebook 1 1 SHARES Isn’t it weird how Trump saves his most outlandish (and least truthful) attacks for other Republicans, even though he’s already the presumptive Republican nominee and has no need to run against Republicans at all? It’s almost the guy grew up as a liberal Democrat and still is one at heart, or something. Anyway, the latest Republican to make him | Read More »