Tuesday, February 15, 2011

Red Ink Since Dems Took Over Congress Greater Than All Previous Deficits Combined

Noel Sheppard writes:

The 2011 budget shortfall, which is the responsibility of the previous Congress, is now projected to be $1.65 trillion.

If accurate, this means that since the Democrats took over Congress in 2007, we have posted over $5 trillion in deficits.

For the record, that's more combined non-inflation-adjusted red ink than the United States of America had created in all of the years of its existence prior to that point.

In just four years, the Democrats recorded combined deficits greater than what had been posted in the prior 220.

Full article at: http://newsbusters.org/blogs/noel-sheppard/2011/02/14/red-ink-dems-took-over-congress-greater-all-previous-deficits-combine#ixzz1E6QwGUg5

Saturday, February 12, 2011

Obama's war on prosperity continues: EPA destroys coal mining project in Appalachia

Last month, Barack Hussein Obama's Environmental Protection Agency (EPA), revoked a 4-year-old water permit from Arch Coal's Spruce Mine No. 1, in West Virginia's rural Logan County. This insidious action is directly in line with Obama's threats to "bankrupt" the coal industry. This anti-business stance from the current administration would block an additional $250 million investment, that would create 250 jobs.

The U.S. has enough coal to last well over 200 years, and according to the National Mining Association (NMA), half of U.S. electricity comes from coal.

As Obama's dream of keeping America dependent on foreign sources for energy unfolds, electricity costs will skyrocket under his anti-coal energy policies.

"At a time when West Virginia families desperately need new jobs, the Obama EPA is proactively destroying high-paying family wage jobs by retroactively withdrawing permits."
--Rep. Doc Hastings
(R., Wash.),
chairman of the House Natural Resources Committee