Libertarian and Conservative Political Commentary By Ordinary, Everyday People for Ordinary, Everyday People
WASHINGTON – The federal budget deficit has surged to an all-time high of $1.42 trillion as the recession caused tax revenues to plunge while the government was spending massive amounts to stabilize the financial system and jump-start the economy.
The imbalance for the budget year ended Sept. 30, more than tripled last year's record. The Obama administration projects deficits will total $9.1 trillion over the next decade unless corrective action is taken.
LOS ANGELES (Reuters) – Actor Nicolas Cage filed a $20 million lawsuit against his former business manager on Friday , accusing him of negligence and fraud that sent the "National Treasure" star "down a path toward financial ruin."
Cage claimed that his recently-fired business manager had failed to pay taxes when they were due and had placed him in speculative and risky real estate investments "resulting in (the actor) suffering catastrophic losses."
I want Independence from THIS government.
As an alternative for income or estate tax, VAT is good. But as additional burden, it will – hopefully – become the last straw. People may eventually realize that Congressional salaries are also one of those "unfunded liabilities"…
Good Lord, does this ever end?
Jeff, did I send you this, about the Copenhagen Treaty this December that will trump our Constitution? They're expecting Obama/Soetoro to sign it. It's about climate change.
WE ARE TO CALL OUR CONGRESSMEN AND TELL THEM TO STOP THIS THING!!! Don't ratify it in the Senate; don't vote for it if it goes to both houses.
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