Have you ever wondered how President Obama's budget can be unanimously defeated by both the House (414-0) and the Senate (97-0) and how the U.S. Senate can go three years without submitting or passing a single budget and yet government spending keeps exploding and the federal debt keeps growing?
There are at least five debates scheduled for the entire GOP field in the balance of November, and one “Lincoln-Douglas” style debate between Newt Gingrich and Herman Cain as well, set for tomorrow in Texas.
It will take more than a generic Republican candidate to defeat President Obama next year. Repubicans will need a leader that can inspire millions to get involved and take action. Enthusiasm, optimism and passion are called for to make the movement work.
Mining in China has turned towns and hamlets into “cancer villages.” Rivers run murky white to shades of orange. Fish and ducks are dead. And villagers bury friends and neighbors who die of cancer in their 30s and 40s reports Intellasia.
Translation for the perplexed analysts: The Federal Reserve will be virtually the only entity buying long-term (20 and 30-year) debt from the U.S. Government through mid-2012. This is most likely because even though the government would like to extend its debt for two or three decades, not many investors are willing to trust the government with their money for three decades.
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