Blogs

According to recent unemployment reports, an additional 20,000 jobs were lost in January. Despite this loss, the unemployment rate declined from 10 percent to 9.7 percent. It is important to note that the unemployment rate does not account for any discouraged potential workers who are not actively seeking unemployment.

Some Americans have declared 2010 the “best year to die.” Due to the temporary expiration of the estate tax or death tax, all individuals that pass away this year are guaranteed that their loved ones will receive their inheritance in full. Those that pass away are not forced to leave their mourning family with the burden of paying exorbitant taxes on their belongings.

By the end of February, the current $12.4 trillion debt limit is expected to be reached.

In a story that could never, ever happen here because our cap and trade would be better and no one would ever try to rip off the government, I'm sure, hackers have stolen millions in carbon credits from the German Emissions Trading Authoriy and resold them.  

Credit card numbers are so passe. Today’s hackers know the real powerhouse data to steal is emission certificates.

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A fair share of congressional Democrats have expressed confusion and dissatisfaction with President Obama’s 2011 FY budget proposals. Since the budget was released, it has increasingly been subject to heavy scrutiny and criticisms among Democrats. In addition to fiscally conservative Republicans, a growing number of Democrats are realizing that, in many ways, Obama’s budget is impractical and too costly.

In a recent interview with Steve Grove broadcasted on Youtube, Obama stated that he was a strong advocate of net neutrality regulations: 

This is a video that explains why America cannot afford another fiscal stimulus.

In Obama’s proposed 2011 fiscal budget released yesterday, he calls for a massive expansion to the Pell Grant program. The Pell Grant, given to undergraduate and some graduate students that can demonstrate financial need, will be expanded to approximately $35 billion.  It’s no secret that tuition costs are soaring particularly at public colleges and universities.

President Obama’s newly released budget proposal clearly indicates that he is not focused on decreasing our country’s fiscal deficit anytime soon. Instead, Obama plans on spending $3.8 billion of taxpayer money that taxpayers can’t afford.

This afternoon, legislators in Richmond demonstrated in a big way that they are finally starting to get it. Well, everyone except Creigh Deeds.