Archives for October 2013

During the President George W. Bush administration, Republican Congressmen and Senators were in favor of raising the debt ceiling so the federal government could borrow and spend astronomical amounts of money. Despite the GOP attempting to appear fiscally conservative again, its eight-year past is still a cloud hanging over the Republican Party. What about the […]

As the United States government shutdown has taken front stage on the media landscape, the glitches over the Obamacare website and the implementation of the Affordable Care Act haven’t garnered as much attention as they should. It has been widely reported of the negative economic effects of President Obama’s healthcare reform law, predominantly highlighting the […]

Last week, media outlets such as CNN, CBS News and MSNBC continued to report how furloughed federal government workers would be hurt by the government shutdown. Essentially, the reports consisted of telling the reader that these people are suffering and might even file for bankruptcy because they are losing a paycheck. It now appears that […]

Speaking with CNBC earlier this week, former Texas Republican Congressman and three-time presidential candidate Ron Paul had some wise words to say about the recent government shutdown and the upcoming fight over the debt ceiling. “The American people are being bamboozled into believing that you have to keep spending forever,” stated the libertarian bestselling author. […]

Federal Reserve Chairman Ben Bernanke has repeatedly stated that the central bank will most likely not raise interest rates until at least 2015 – the initial plan was to raise rates once the unemployment rate hit the 6.5 percent mark. By then, Fed officials say they expect a two percent federal funds rate. Not everyone […]