A case of the blind leading the blind? Perhaps instead of reducing the number of programs from 56 to 16, they should have kept going. Read the whole story at CNS News.
A federal government that is $15.6 trillion in debt is currently using its “bully pulpit” to run 16 different programs to teach citizens “financial literacy,” according to the Government Accountability Office, the accounting agency of the U.S. Congress.
Previously, relying on a study by the RAND Corporation, the GAO had reported that the federal government operated 56 programs to teach citizens “financial literacy.” However, it subsequently determined that 16 was a better count of what it called the government’s “significant financial literacy programs.”
Even among these 16 federal programs that teach citizens “financial literacy,” the GAO found that there is some duplication of efforts and no definitive way to measure the programs’ effectiveness.
The GAO said it held a forum last year where people concluded that the federal government enjoyed a unique “bully pulpit” from which it could preach to citizens about handling their money.
After 12 years in a good business relationship, BofA tells Kelly McMillan of McMillan Firearms Manufacturing that because they have become more of a gun company from the original accessories company, they should bank elsewhere. Of course BofA is denying it. Funny how bad press can quickly change things.
That is a lot of zeros. Wanna see what that would look like in stacks of $100 bills? It would be five times more than depicted here. Notice the little dude in the lower left...
In the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56.
Although he has served less than a term, Obama is now the first American president to see the federal government's debt increase by more than $5 trillion during his time in office.
During the full eight years that George W. Bush served as president, the federal government's debt increased by $4,899,100,310,608.44. (Rising from $5,727,776,738,304.64 to $10,626,877,048,913.08.)
The $5,027,761,476,484.56 that the debt has increased during Obama's presidency equals $16,043.39 for every one of the 313,385,295 people the Census Bureau now estimates live in the United States.
A serious budget with some serious cuts. It would reduce the size of governmentk put power back into the hands of states, and balance the federal budget in five years. CNS News:
Senators Rand Paul (R-Ky.), Mike Lee (R.-Utah) and Jim DeMint (R.-S.C.) introduced a budget plan on Thursday that would balance the budget in five years and pay down $2 trillion of the national debt in 10 years.
The plan includes spending cuts, entitlement reforms and tax reforms.
Paul said that the “Platform to Revitalize America” is the only plan consistent with the balanced budget amendment Republican advanced in the U.S. Senate because that amendment requires that Congress balance the budget in five years.
The plan eliminates the Department of Commerce, the Department of Education, Department of Housing and Urban Development and the Department of Energy.
“By eliminating departments we don’t have to make as significant of cuts in other areas,” Paul said.
“So entitlement reform could be more gradual because we eliminate some departments that we think should be done by the states and the localities,” he continued.
Other comprehensive steps to scale back the size of the federal government include selling off excess federal properties and land and defunding duplicative agencies.
The Amazon Kindle Store has Enemies Foreign And Domestic listed for FREE today.
Just below is the raw URL link to the Amazon Kindle free download page for EFAD. Use this to cut and paste across the internet, on Facebook, Twitter, and any forums or blogs you frequent. Don't forget to put in an #EFAD hashtag, even off of Twitter, to make it all searchable.
Context is important. If you are going to quote scripture as a way to jusify policy, you should probably make sure that it means what you think it does first. From HotAir:
This morning, at the National Prayer Breakfast, Barack Obama cited Scripture as justification for his policy agenda — from reforming health care to ensuring that financial institutions play by fair rules to taxing the rich. BuzzFeed’s Zeke Miller reports:
The president said he often falls to his knees in prayer, and emphasized the role of his religious values in determining where to lead the country.
“I’d be remiss if I stopped there; if my values were limited to personal moments of prayer or private conversations with pastors or friends. So instead, I must try — imperfectly, but I must try — to make sure those values motivate me as one leader of this great nation.”
Obama maintained that his call for the wealthiest to give up their tax breaks, he’s doing so out of economic necessity, but also in line with biblical teachings.
