Skip O'Neill – Liberty for All

Ron Paul for A New Direction

Archive for July 2011

Debt Limit and Social Security

with one comment

Let’s see, Obama yesterday claimed that without a debt limit increase that all the social security recipients would be at risk of not getting their checks.  We have been told over and over again that there is a “Social Security Trust Fund”.  Hmmm, based on what Obama said, it appears there is no trust fund and that there is not money set aside for current and future SS recipients.  Did Obama let the cat out of the bag that he has been robbing the “trust fund” to fund his other entitlement programs.  Just ask yourself, Is this house of cards about to crash or is he just using scare tactics to justify an increase in taxes and to mire the country in additional debt.

Dollar is plunging

leave a comment »

When Obama was elected President on November 4th, 2008, I created this blog and since then the U.S. dollar has lost 48% of its purchasing power. Americans today spend 48% more for gasoline than they did the day of the last election. Americans today also spend 105% more for sugar, 78% more for coffee, 58% more for corn, with similar gains for many other agricultural commodities. The U.S. government and Federal Reserve created all of this inflation in an attempt to reinflate the Real Estate bubble, yet the median U.S. home price declined by 2.4% during this time period. Meanwhile, the real unemployment rate has increased from 16.8% to 22.3%.  When will they learn to let individualism rule the day rather than trying the manage us all.

Unemployment

leave a comment »

I just watched CNBC when they interviewed Alan Goolsbee (White House economic adviser) on the new employment figures.  It’s the same old story, blaming Bush for the mess.  He wouldn’t take responsibility for anything that is happening.  Goolsbee did say they were doing everything possible to create new jobs.  The question that should have been asked is:  How bad would employment be if the Obama tax INCREASES would have passed?  Maybe David Wu has the answer…

Debt Limit

leave a comment »

Today we have a staggering $14.4 trillion debt, and President Obama wants to raise our nation’s debt limit without making permanent reforms in spending and fiscal policies.  Doesn’t he know that spending got us into this problem?  I suggest that we join some brave Senators such as Mike Lee, Rand Paul and Marco Rubio and and demand Washington Cut, Cap, and Balance the federal budget! It’s time to get serious about cutting spending … our children’s future depends on it.

Freedom and Liberty

with 4 comments

My daughter was asking me how America rose to greatness and why we seem to be in decline.  I told her that America’s greatness can be attributed to:  ” Individualism with collaboration rather than collectivism and mandates.”  Individuals were presented with a market that allowed them to take chances and to enjoy the rewards of success and the bitter taste of failure.  Today there are many roadblocks to success which leads to mediocrity.