Nation
The Liberty Amendments: Restoring The American Republic: Jen Kuznicki
Obama’s Constitutional Violations and Contradictions Mount: Jaye Ryan
Mark Levin's The Liberty Amendments: Thomas Lifson
After a nuke hits Detroit, only roaches and a horseshoer will be left: RWN
Mark Levin accepts offer to moderate GOP primary debate: Scoop
400 surface-to-air missles stolen in Benghazi while Obama slept: Bob Owens
DiGenova: Obama Leaked About Sealed Indictment: Nice Deb
Is being telegenic the only remaining qualification for high office?: Toldjah
Economy
University of California Study: National Debt Is Really $70 Trillion: NewAmHolder Caught Lying About Mortgage Fraud: John Hayward
Pizza Chains Suffer Under Another Obamacare Regulation: Matt Vespa
Are we serious about education?: Thomas Sowell
The Obamas Taste The Sweet Life: Dossier
Lerner's FEC Problem: NRO
Scandal Central
Attorney For Whistleblower: 400 U.S. Missiles Stolen In Benghazi: AmmoLandBenghazi: Egypt's Muslim Brotherhood implicated: Shoebat
Politico on Cory Booker's Questionable Finances: Breitbart
A Scandal Bigger than Benghazi: Arnold Ahlert
BBC: Obama to weaken criminal code to make it easier for crooks: TAB
Obama’s Maya Shankar, A 20-Something That Thinks She Knows How to Run Your Life: Publius
Climate & Energy
Obama Mocks Global Warming Skeptics: WZScathing MIT Paper Blasts Obama’s Climate Models: CFP
War On Coal Chasing Democrats Out Of Party: Western
Media
Dana Loesch pulverizes Dems, media over #MOStateFair racist rodeo clown idiocy: TwitchyNPR’s Ombudsman Demolishes Reckless NPR Series; NPR News Stands by It: John Williams
Koppel: US overreacted to terrorist threat: Flopping Aces
Mike Lee debates defunding Obamacare with Karl Rove on Hannity Radio: Scoop
But it's Free Speech When Bush is the Clown: Brian Drake
#NRCC aggressively swinging in NY-19 race.: Moe Lane
Michelle Malkin Annihilates Race-Baiting ‘Passive Aggressive Punk’ Harry Reid: TPNN
New RNC ad reveals what the MSM won’t show you in the Hillary films: Scoop
Mystery priest IDENTIFIED who prayed for girl at crash scene then vanished: Scoop
TURN OFF 'MAINSTREAM' MEDIA FOR GOOD: Andrea Shea King
World
Shock Report Reveals Alarming Iranian Recruitment Efforts in Central and South America: Erica RitzObama Will Sign UN Gun Treaty While Congress Is On Vacation: AmmoLand
The Death of the U.S.-Egypt Alliance: Joseph Klein
Will Lorance verdict have a “chilling” effect in combat?: This Ain't Hell
Obama Fights for Homosexual Freedom but Not When it Comes to Islam: Outcast
NSA Increasing Security by Firing 90% of Its Sysadmins: Bruce Schneier
Obama Puts Man Who Lied About NSA Spying to Congress In Charge of NSA Spying Investigation: Lid
Muslim Interfaith Outreach Initiative Invites Christians To Flee Or Be Slaughtered: Blazing Cat Fur
Pic: Muslims Flexing Their Muscle In Brooklyn: WZ
Sci-Tech
NSA hunger demands 29 petabytes of data a day: Chris Duckett, ZDNetIs Windows RT dead? Asus jumps ship, now only one OEM left: Sebastian Anthony, ExtremeTech
Web Security Relies on SSL; Which Relies on Email; Which is Broken: WhiteHat
Cornucopia
19 OMG Moments From The Midseason Premiere Of “Breaking Bad”: Louis PeitzmanWhat Did This TV Anchor Do When His Video Stopped Working?: Mediate
2014 Chevy Corvette Stingray Already Attracts Steep Dealer Markups: MotorAuthority
Today's Larwyn's Linx sponsored by: Don't Fund Obamacare - Sign the Petition!
QOTD: "The pension benefits that unions have negotiated are now killing the jobs of their fellow union members. As in Washington, D.C., the entitlement excesses of liberalism are jeopardizing current liberal priorities.
Many people have been predicting this crack-up for years, the inevitable result of a political alliance in which unions elect Democrats who pad benefits for unions, which then spend to re-elect Democrats, who repeat the cycle. The music stops only when the taxpayers are tapped out or the city and state can't borrow any more." --Wall Street Journal
RE: $70 Trillion in Debt.
ReplyDeleteWow, $70 Trillion sure sounds like a pretty large number for unfunded liability - why hasn't the United States declared bankruptcy decades ago?
Perhaps because unfunded liability doesn't mean current liability: I don't think all of that $70 Trillion in debt will be called in simultaneously, right? We only need to be sure that the liability due, say, in the next year or two be paid off. Otherwise, the entire country would be in the same trouble as the US Post Office, which has to completely fund their pension liability for the next 20 years right now - which seems odd to me as the Union worker who is 35 years old today is not going to retire for 20 years, yet his pension is already fully funded.
If some accountant, business major, or lawmaker would like to straighten me out on this, feel free. I'm still trying to understand why some people panic when spending trends are extrapolated 50-75 years into the future when most businesses, and government, can't stick to a 2-year budget plan. ;-)