Tag Archives: debt

DETROIT’s War on Small Business: Making a horrible situation …even worse

As our economy continues to struggle, opening up our own business has crossed the minds of many of us. However, if you happen to live in Detroit, you’d better think twice (or even three or four times) before you decide to make a go of it in Motown these days.

Detroit - do not enter

Today, Detroit is facing issues largely of their own making, such as high unemployment (+18%), crushing debt, rampant crime, and blight. But if you were thinking that an aggressive, pro-business, let’s-all-pitch-in-together attitude would prevail in City Hall, …forget it.

That’s just not how they roll in the Motor City these days:

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How the Government *protects* our Tax money: “Spend it or Lose it!!!”

From the group Bankrupting America comes one of the better satire videos in recent memory. A tremendous send-up of NBC’s ‘The Office‘, they’ve re-imagined it as a “normal” Federal Government agency: the “Department of Every Bureaucratic Transaction”, or D.E.B.T..

waste your tax moneyAfter you watch the clip below, make sure you stop over at their website. It covers the everyday waste going on in all areas of our government, and how irresponsible behavior is consistently rewarded. It’s chockablock with other videos, graphics and articles, so take your time looking around.

***NOTE: This video currently has about 10,000 views on YouTube right now. From what I’ve seen, your average cat video can get 30,000A subject THIS important needs to generate waaay more than that.

Just sayin’…

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Journalists won’t (or CAN’T) learn the lessons of #Detroit’s Bankruptcy…

The Left in general, and journalists specifically, are having a hard time with the recent Detroit bankruptcy.

Detroit - do not enter

Detroit has been a literal liberal paradise, with its solely Democrat controlled government, rampant unionization, and spend-like-there’s-no-tomorrow approach to city finances. After observing the various reporting over the last few days, I’m now convinced that most reporters simply don’t comprehend what happened.

It’s not that they aren’t biased: they are. But it’s more than that. They’re also economic morons.

Personally, I blame their schooling:

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Are you planning on paying for your kid’s college? Good luck with that…

I have two sons, and I have no idea if they’ll be going to college.

Now don’t misunderstand: both of my boys are extremely bright (my admitted parental bias notwithstanding). My concerns are twofold: one is the Anti-American, Leftist agenda that I see being forced into the schools, and the other is cost.

We’ve previously addressed my first concern, with our school’s (Kindergarten through Graduate school) overarching goal apparently being the creation of one class of “Generation Cupcake” after another, so I’m going to skip that for today.

StudentDebtMy second concern (COST) is just as problematic, and just as unnecessary.

From Reuters.com:

NEW YORK, Feb 26 (Reuters) – With rising U.S. college costs and too many options, parents are saving less than they expected for their children’s higher education.

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Obama: “There’s NO smart way” to make these cuts

Government spending

Our President wants us to know one thing: we can never, ever, ever reduce Government spending, in any way. We simply can’t.

Ever.

Capiche?

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I’m With “Stupid”

“Unexpected”: Our GDP drops to -0.1%

Ever have a nightmare where you’re falling, and everything happens in super slow-mo?

Where you have time to think “How did I ever get myself INTO this mess?”, or “Why didn’t I do (insert alternate decision here) instead?”

falling1

Well, I feel the same way right now, and I dearly wish I was dreaming.

From HotAir:

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Democrats’ Negotiating style: “Heads I WIN, Tails you LOSE”

I’ve linked to Guy Benson’s blog a number of times, and enjoy it when he fills in for Hugh Hewitt occasionally. Smart, quick, and rather self-deprecating, Benson covers the political scene in DC as well as anyone, and easily better than most.

This post came out yesterday at Townhall.com, where he serves as the political editor. 

If you don’t normally read his column, or do so only occasionally, I’d politely suggest you make it a habit. You’ll be far better informed as a result, I promise…

–JTR

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“Negotiating,” …Democrat-Style

Guy Benson   –by Guy Benson; Political Editor, Townhall.com

The White House has been hyping its #My2K Twitter hashtag in an attempt to galvanize supporters to contact their Congressional representatives to demand action to avert the fiscal cliff.  The administration estimates that unless Congress moves, the average family’s tax bill will jump by more than $2,000, starting on the first of January.

The implication, of course, is that Republicans are once again standing in the way of resolving this problem.  Show of hands — as the media breathlessly follows every minor twist and turn of these negotiations, how many of you have seen this fact reported?

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