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Default won't happen.
This chart shows why the U.S. Government will not default on its debt, should it hit the statutory debt limit set by Congress (a limit that the Treasury Deparment suggests may be reached later this month).
FreedomCast - Shutdown Theatre and the Petty Antics of the White House
On today’s edition of the FreedomCast, Lachlan Markay joins me to discuss the shutdown theater: the selective closing of national monuments and park grounds, and why some websites such as Michelle Obama’s “Drink Up” campaign site were deemed essential during this partial shutdown, but others were not.
America deserves a strong leader during the government shutdown, not one who merely allows us to stumble along, doing whatever we want in the middle of the greatest crisis of all time. President Obama should take the threat to his credibility seriously, and not allow Americans to lose sight of the central role of government in their lives.
It’s as if current events are working together to reform education, or, at the very least, to make it evident to all Americans why reform needs to happen. Between the current government shutdown and the looming debt ceiling, it’s becoming more evident every day that the safest place for education is as far away from the federal government as possible.
Make no mistake, this is no longer a Washington where President Obama is always in charge. On Capitol Hill the man in charge is Harry Reid. No question about it. President Obama has handed over the reins of leadership on government funding and the debt limit to Senate Majority Leader Harry Reid (D-Nev.). Reid is now fully in charge of his party’s negotiating strategy, a significant change from past showdowns with Republicans.
Shutdown Theater Continues, AMBER Alert Site Redirected
Yesterday, it was noted that the AMBER Alert site run by the Department of Justice appeared to be the latest victim of the government shutdown. The AMBER Alert system instantly alerts local communities of child abductions. Attempting to check out the AMBER Alert site, results in this notification:
Shut Down Reveals the Necessity of Enormous Political and Financial Corrections
Democracy and Power 103: Government MoneyIn general, the art of government consists in taking as much money as possible from one party of the citizens to give to the other. —Voltaire (1764)Politicians transfer money from productive people to favored special interest groups.
Pinterest Post Gets Reporter Blacklisted by Gov. Kasich's Spokesman
Rob Nichols, Ohio Governor John Kasich’s press secretary, warned reporter John Michael Spinelli in a September 24 email that unless Spinelli retracted and apologized for a Pinterest post about Kasich’s tax policies, he would never be permitted to speak to the governor again.
This past Tuesday was supposed to be the Grand Opening for ObamaCare's health insurance exchanges. Their digital doors would be thrown open triumphantly, and countless thousands would stampede through the gates, racing to grab their shiny, new, government-approved health care like it was the newest iPhone.