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.

Think we're in bad shape now? Don't do anything and the debt incurred by the policies of the Obama administration will increase by 47% over the next decade.

The updated outlook, released Tuesday, found that current Obama administration policies will result in a 50 percent increase in debt held by the public and a 40 percent increase in intra-governmental debt held in the trust funds of entitlement programs.

“In CBO’s projections, debt held by the public is expected to increase by more than 50 percent between the end of 2011 and the end of 2022, and debt held by government accounts is expected to rise by nearly 40 percent,” the CBO report found.

As a result of this rise in federal debt, CBO projects federal debt will reach $21.7 trillion by 2022.

“As a result, gross federal debt is projected to climb every year from 2012 to 2022, reaching $21.7 trillion in 2022—47 percent more than its total of $14.8 trillion at the end of 2011.”

These projections come under CBO’s so-called baseline scenario, which assumes that all provisions of current law go into effect – including the massive tax increases currently scheduled to take effect in 2013 when the Bush tax rates are set to expire.

Read the whole thing at CNSNews.

If you had any doubt that the dollar could lose any more value, this should put it to rest. According to a senior official at the White House, the plan is to intentionally weaken it... at our expense.

(http://www.youtube.com/watch?feature=player_embedded&v=OeIFcuVTS3U)

According to investor Kyle Bass, a senior Obama administration official stated that their economic plan moving forward involves killing the dollar.

Speaking at AmeriCatalyst 2011, which took place in early November 2011, Kyle explained what the Obama administration official apparently told him.

“The governments idea right now is we are going to export our way out of this and when i asked a senior Obama administration official last week how are we going to grow exports if we wont all nominal wage deflation, he said we are just going to kill the dollar.”

Chris Duane, of Dont-tread-on.me, wrote that this simply means that they are going to print more and more dollars until all of our purchasing power is destroyed which will cause Americans to need more and more dollars to buy the same amount of goods.

Super.

Bad news: Big Government has excreted an unread 1,221-page $915 billion omnibus spending bill, giving America another hard shove toward insolvency.

Good news: at least it contains a provision preventing authoritarians from using the money to deprive us of our precious Second Amendment liberties.

More bad news: Obama has put it on the record that he plans to ignore this stipulation. John Frazer of the NRA’s Institute for Legislative Action explains:

(http://www.youtube.com/watch?feature=player_embedded&v=TEVnQwYEXfY)

The Second Amendment won’t be the only casualty of the Audacity of Arrogance. As the division of powers crumbles, we are losing our whole system of limited government.

Why is state government getting involved with private business? They also should not be competition to the private sector. From what I understand, it clearly violates the State Constitution. What is going on here?

Idaho Statesman:

One of Gov. Butch Otter’s central missions of the 2012 Legislature will be selling the program to conservative Idaho lawmakers who are leery of inserting taxpayer money into areas where they believe the private sector should take the reins.

The Idaho Global Entrepreneurial Mission, or iGem, as the proposal is called, includes a strategy of luring talented researchers to Idaho universities and the Center for Advanced Energy Studies in Idaho Falls. Once they arrive, they’ll research energy, materials science and manufacturing, computer science and bio and agricultural technology — areas where Idaho has a foundation — to develop products and spin off companies.

Boise Guardian:

Politicos are fond of attempting to “run government like a business” in these hard economic times, but how about government flat out running a business?

Economics Professor Jack Chambless at Valencia College talks about how the students of "Generation Gimme" view the American dream. It is certainly not the same dream of those who founded the country.

(http://www.youtube.com/watch?feature=player_embedded&v=VxHfYNTrnic)

A little old but still gets the point across.