The history of the U.S. national debt is inexorably tied to its many wars. The resolution this week of the so-called debt ceiling crisis is no different.
Feeling the gun at their temples, the Democrats joined the Republicans in the quest for deeper spending cuts -- which will only make the disastrous U.S. unemployment situation worse.
I Read The News Today, Oh Boy!
From Toronto to the U.S. Congress and White House, the talk is cuts, cuts, cuts. How is the general welfare of the public served by this worship of downsizing, of austerity? How low do we go?
The latest contrived showdown between Congressional Republicans and the White House is over what concessions the GOP will demand in order to increase the federal debt ceiling.
Sen. Jim DeMint (R-SC) is calling for a "big showdown" over the upcoming vote to raise the nation's debt ceiling to $14.3 trillion from $13.9 trillion...