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24
Aug 11

National debt has increased $4 trillion under Obama

by Mark Knoller | CBS News | August 22, 2011

The latest posting by the Treasury Department shows the national debt has now increased $4 trillion on President Obama’s watch.

The debt was $10.626 trillion on the day Mr. Obama took office. The latest calculation from Treasury shows the debt has now hit $14.639 trillion.

It’s the most rapid increase in the debt under any U.S. president.

The national debt increased $4.9 trillion during the eight-year presidency of George W. Bush. The debt now is rising at a pace to surpass that amount during Mr. Obama’s four-year term.

Mr. Obama blames policies inherited from his predecessor’s administration for the soaring debt. He singles out:

  • “two wars we didn’t pay for”
  • “a prescription drug program for seniors…we didn’t pay for.”
  • “tax cuts in 2001 and 2003 that were not paid for.”

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Politics — No Comments
09
Apr 11

Government shutdown averted: Congress agrees to budget deal, stopgap funding

By Paul Kane, Philip Rucker and David A. Fahrenthold | The Washington Post | April 9, 2011

Congressional leaders agreed late Friday to a compromise that will keep the federal government funded for the remainder of the fiscal year — averting a government shutdown less than an hour before it was set to start. Continue reading →

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Politics — No Comments
06
Apr 11

GOP lawyer drafts Obama impeachment

by Ben Smith | Politico | April 6, 2011

A prominent libertarian constitutional lawyer and civil libertarian has drafted an article of impeachment against President Obama over his attack on Libya, throwing down a legal gauntlet that could be picked up by some Congressional Republicans. Continue reading →

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US News — No Comments
04
Apr 11

60% of U.S. Military Deaths in Afghanistan Have Occurred Under Obama

by Edwin Mora | CNSNews.com | April 4, 2011

At least 858 U.S. soldiers have died in the Afghanistan war since President Barack Obama took office in January 2009. That equals 60.13 percent of the 1,427 American soldier fatalities so far in the ongoing 10-year war in that country. Continue reading →

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Politics — 1 Comment
01
Apr 11

Sec of Def Robert Gates rebukes Libya Ground Mission

by David S. Could | LA Times | March 31, 2011

Defense Secretary Robert M. Gates reiterated Thursday that the U.S. would not put ground forces in Libya, but conceded that allies involved in the operation might provide arms and send in trainers to aid the rebels, who have lost ground to Col. Moammar Kadafi’s forces in recent days. Continue reading →

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Politics — No Comments
01
Apr 11

Obama to Congress: Whatever … I do what I want

Secretary of State Clinton, during a classified congressional briefing, said that the Obama administration would side step any attempt by congress to limit military action in Libya. Continue reading →

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Economy — No Comments
01
Apr 11

Taxpayers Lose $84 billion on GM Deal

by Kerry Picket | The Washington Times | March 31, 2011

Barack Obama has some ‘splaining to do about taxpayers’ profitable “investment” in General Motors. It turns out the president is imagining things. Continue reading →

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World News — No Comments
29
Mar 11

Constitutional Problems with the Libyan War

by Ron Paul | Campaign for Liberty | March 29, 2011

Last week the Obama Administration took the United States to war against Libya without bothering to notify Congress, much less obtain a Constitutionally-mandated declaration of war. In the midst of our severe economic downturn, this misadventure has already cost us hundreds of millions of dollars and we can be sure the final price tag will be several times higher.   Continue reading →

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World News — No Comments
28
Mar 11

Pentagon: Libya Operation costs $600 million in first week

by Devin Dwyer and Luis Martinez | ABC News | March 28, 2011

One week after an international military coalition intervened in Libya, the cost to U.S. taxpayers has reached at least $600 million, according figures provided by the Pentagon. Continue reading →

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Politics — 1 Comment
19
Mar 11

Obama wages war on Libya without Congressional approval

President Obama has engaged in waging war on the nation of Libya.  He has done this when Libya has not attacked and does not pose any direct threat to the United States.  He has done so without the explicit approval of Congress.  As a student of constitutional law, surely the president knows this is an impeachable offense.  Even members of his own party are objecting to this action.  As then Senator Barack Obama said in 2007:

The president does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation

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