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category archive listing Category Archives: The Church of the Painful Truth

Rewriting History - Clinton’s Balanced Budget? No, Gingrich’s Balanced Budget!

This always irritates me. When the MSM doesn’t like how things happen they resort to to the practice of simply imagining things the way it suits them and writing that as news. It’s a tactic as old as history. But with the advent of the Internet it’s getting harder.
Not that it stops them from trying.
Today’s […]

Neal Boortz - What Happens Next

Neal Boortz runs down what he sees happening in the next few years.
GAME OVER … LET ME TELL YOU WHAT HAPPENS NEXT
This will be somewhat of a “stream of consciousness” effort … but here’s the way I see this playing out over the coming years.
Taxes, of course, go up immediately. How much in new taxes? […]

Barney Loves Bankers.

Bankers Get $4 Trillion Gift From Barney Frank: David Reilly - Bloomberg.com
Nuggets Gleaned
Here are some of the nuggets I gleaned from days spent reading Frank’s handiwork:
– For all its heft, the bill doesn’t once mention the words “too-big-to-fail,” the main issue confronting the financial system. Admitting you have a problem, as any 12- stepper knows, […]

We Have Seen The Future of Leftism


Uh-Oh

Shanghai Daily | Harder to buy US Treasuries
IT is getting harder for governments to buy United States Treasuries because the US’s shrinking current-account gap is reducing supply of dollars overseas, a Chinese central bank official said yesterday.
The comments by Zhu Min, deputy governor of the People’s Bank of China, referred to the overall situation globally, […]

2009 Corruption Perceptions Index: Who’s Corrupt, and Who’s Not So Corrupt

CPI 2009 Table/2009/cpi/surveys_indices/policy_research
According to the Index, New Zealand and Denmark and numbers 1 and 2 as the least corrupt. followed closely by Singapore and Sweden tied for number 3.
The United States comes in at number 19. We would probably do better except for Congress. But Puerto Rico is counted separately, coming in at number 35.
Russia […]

These Kids Really NEED An Education

Protesters gather at UCLA to oppose UC fee hike
About 30 to 50 protesters staged a takeover of Campbell Hall, a building across campus that houses ethnic studies, said UCLA spokesman Phil Hampton.
They chained the doors shut but were peaceful and there were no immediate plans to remove them, Hampton said.
No arrests had been made, although […]

Political Correctness Kills!

My Way News - Some predicted trouble from Fort Hood’s Maj. Hasan
Danquah assumed the military’s chain of command knew about Hasan’s doubts, which had been known for more than a year to classmates at the Maryland graduate military medical program. His fellow students complained to the faculty about Hasan’s “anti-American propaganda,” but said a fear […]

The American Ideal Is Dead! The Looting Commences

Soak the rich, legislative tax panel hears - Oregonlive.com
SALEM — ‘Tax the wealthy’ was the rallying cry as state legislators took up the contentious task of raising personal income taxes to shore up government services.The House Revenue Committee opened hearings Friday on four proposals that would create a new 10 percent tax bracket for higher […]

Fewer Taxpayers, More Tax Eaters

Despite layoffs, federal work force is growing
The problem with this is that a private sector job generates both the economy and tax reciepts but a government job, not matter how useful takes tax revenue from the economy.
There are a lot of jobs in the Federal, State and Local governments that provided needed services. Things like […]