Posts Tagged ‘debt’
by Mike McCune – The Federal government has a spending problem. The Federal government has more debt than it can possibly pay. The Federal government is now monetizing (buying) its own debt at the rate of $85 billion per month. So how do Federal regulators react to the above problems? They want to [...]
Tags: America, American, debt, Federal Reserve, form, God, government, home, industry, interest, item, loan, man, Mortgage Qualification Changes Applauded, Office, problem, proof, rate, use, Washington
by Mike McCune – The Employment Benefit Research Institute finished a survey of working Americans during the closing days of March. It reported the ‘startling’ fact a mere 13% of working Americans are “very confident” when it comes to having enough financial support to retire. To those of us in fly-over America this [...]
Tags: America, American, anything, budget, care, country, crisis, debt, EBRI, Faith, Federal Reserve, form, God, government, interest, man, Reserve, survey, today, Washington
by Mike McCune – What damages America more, manipulated inflation or higher tax rates? Both pluck wealth from America at a devastating pace. Earlier this week the President made an impassioned plea to gain support for his budget proposal. He spouted numbers and data as if he knew exactly what he was [...]
Tags: accounting, America, American, budget, class, debt, form, God, government, income, Independence, judge, man, Mike, Missing, money, Office, show, tax, year
by Craiig Masters This week a federal judge accepted the bankruptcy of Stockton, California. earlier this year the Governor of Michigan appointed a man to totally manage the affairs of Detroit, Michigan. “Totally manage” means just what is says – the elected officials are now out of the loop in all matters regarding the operation [...]
Tags: American, California, case, Colorado, control, debt, Detroit, government, Independence, Michigan, money, Obama, pay, property, road, state, support, use, War, year
by Michael McCune – There is some amazement among Wall Street observers about how well the market is doing in the face of so many stern headwinds. Their continued amazement is either a sign of stupidity or culpability. These analysts say there can be no major bear market and that the market has [...]
Tags: aid, America, debt, DJIA, Federal Reserve, form, God, government, left, man, Mike, money, press, Reserve, side, someone, something, Street, time, Wall Street
by Michael McCune – Attention, class: The word of the day is “Sequester.” Isn’t it funny how a word you really never heard before 2013 is now threatening to topple our economy? At least it is if you listen to the major media outlets you’d get that impression. But they are wrong, [...]
Tags: BS, budget, control, crisis, debt, Federal Reserve, form, God, government, man, OMB, page, proof, reduction, report, Social, Washington, White House, word, year
by Craig Maasters It is only February, and already this year the administration has announced it is allowing the transfer to China of the high technology battery systems for weapons and defense guidance on which the American taxpayers invested millions of dollars and years of research and development. In the famous words of Hillary on [...]
Tags: America, American, ATF, China, Congress, Craig, debt, February, gun, justice, lot, money, news, Obama, parking, press, store, transfer, value, year
by Jack Minor – The Communist Party USA, which supported Obama during the 2012 election, has now signed on board with the President’s economic plan and is calling on its members to work with unions to pressure Republicans in Congress to raise taxes and increase spending. During a recent conference call on the upcoming [...]
Tags: budget, call, class, Communist Party, Congress, CPUSA, crisis, debt, election, government, labor, negotiations, Obama, Party, reduction, Social, Social Security, tax, time, year
Voters approved higher taxes – Reduced revenue could resultby Craig Masters New tax increases approved by California voters in November have created bargain prices for U-Haul rental trucks – rented for one-way to California. Texas, which has no state income tax, is attracting the greatest percentage of those who are leaving California in hopes of [...]
Tags: California, Colorado, debt, government, Great Britain, idea, immigration, income, Jose, left, Obama, pay, rate, Robert Winnett, San, San Jose, state, tax, Texas, truck
Debt, public debt to be exact, is no longer a problem in America–at least according to the Democrats following their big win last week. By their accounts the Earth’s orbit has been changed so we no longer need fuel to heat our homes and transfer goods and, yes indeedy, government debt no longer has to [...]
Tags: budget, challenge, Clinton, debt, Earth, end, form, God, government, Les Majeste, man, Obama, paper, return, second, show, Social, target, Tuesday, use
I initially approached the question of 3A with an open mind. But when I read the measure’s description I made up my mind real quick. The repayment cost for this is outrageous! Worse, going into debt could have easily been avoided. The actual cost of the new school to taxpayers is $14.5 Million (Plus our [...]
Tags: BEST, card, case, credit, debt, District 6, ENTIRELY, grant, interest, Million Plus, tax, voting, Weld County, year
by Craig Masters Regardless of what else you may think about Obama’s policies, religious ideology, reports filled with false numbers, or unconstitutional implementation of laws, the one area where there is no doubt is that he believes the economic plan for recovery is to follow the advice of John Maynard Keynes: borrow our way out [...]
Tags: Bank, check, China, class, day, debt, government, help, idea, John, Karl Marx, loan, money, month, NASA, Obama, pay, woman, World, World Bank
The United Nations just issued numbers on food inflation that contradicts Federal Reserve Chairman Ben “BS” Bernanke’s assessments. “Hunger Games” may not be just a movie much longer. The UN food agency reported Friday that food prices are “rising again.” Old BS just began QE3 precisely because there was no movement in the economy and a little inflation couldn’t [...]
Tags: Brown, BS, Daily Ticker, debt, Food, form, God, Jefferson, man, movie, report, Reserve, side, The American, Thomas, Thomas Jefferson, time, UN, USDA, year
The Federal Reserve’s decision to proceed on an open-ended asset-buying policy is being well-received by other central banks but few others.(1) The problem for Ben Bernanke and the U.S. dollar is the move’s aim and its outcome are not the same. Bernanke wanted to address unemployment but, by buying American debt–caused by too much demand [...]
Tags: Bank, control, crisis, debt, ECB, Federal Reserve, form, God, government, Japan, man, money, policy, problem, rate, Reserve, size, The Federal Reserve, time, unemployment
by Jack Minor – Weld County, the only county in the state to be debt-free took the first steps to achieving another first in the state with a groundbreaking ceremony for a new regional crime lab on Wednesday. The lab, which will be located of U.S. 257 near the Pepsi distribution center will [...]
Tags: benefit, CBI, CSI, debt, DNA, effort, evidence, International Association, justice, law, month, Northeastern Colorado, organization, place, Police, process, Rick, state, Weld County, Weld County Sheriff John Cooke
by Craig Masters The President’s case that you’re better off… Last week, the Fed reported a sharp contraction in the country’s industrial output. The report showed that production from factories, mines, and utilities fell by 1.2 percent last month. This is biggest drop since 2009. At the same time, the reduction in U.S. exports has [...]
Tags: American, authority, Ben Bernanke, control, Craig Masters, debt, drop, Europe, Jackson, Jackson Hole, Jackson Hole Summit, month, New England, QE, reduction, show, today, U.S. Constitution, value, work
By Craig Masters Recovery slope for US is still rising Friday, as expected, Ben Bernanke announced that the Fed would need to take action to adjust the markets. Analysts who study the language of the Bernankes of the world so they can interpret for the rest of us have said that Friday’s remarks were especially [...]
Tags: Bank, Central, Committee, debt, EU, Federal Open Market Committee, Federal Reserve, Friday, GDP, Greece, interest, Italy, language, PIIGS, policy, QE, Quantitative Easing, Reserve, unemployment, US
by Mike McCune Sometimes you have to wonder if Wall Street insiders are even aware of what is going on beyond Wall Street’s narrow perspective. The case in point is an article by Lawrence “Larry” Kudlow. (1) In his written analysis, Kudlow admits the “‘fiscal cliff’ tax hike still hangs like the sword of [...]
Tags: America, August, ball, country, debt, form, God, government, home, July, June, man, month, rate, report, show, Street, surge, Wall Street, year
Says Obama has power to punish Colorado if he didn’t ‘play ball’ with Health Exchange Planby Craig Masters On August 9, State Senator Kevin Lundberg (R-dist 15) reported that Representative Bob Gardner, (R- dist 21) Chairman of the Legislative Health Benefit Exchange Implementation Review Committee circumvented the Committee to approve action to allow another $43 [...]
Tags: August, Bob, Bob Gardner, burden, care, Colorado, Committee, Craig, debt, decision, format, Gardner, grant, Health, Obama, Obamacare, Representative Bob Gardner, State Representative Bob Gardner, Supreme, vote
by Mike McCune – Market investors are expecting help from the Federal Reserve as the recovery stalls so the markets continue to move higher. But experts are suddenly divided on the question of the value of another helping handout from government to its’ selected minions. Most everyone remembers the threat given to House [...]
Tags: America, American, assistance, debt, Europe, Federal Reserve, form, God, government, help, Long, man, Mike, Reserve, right, system, Tribune, use, value, work
by Mike McCune – As individuals, as a community, as business owners and workers, and as public employees we each have some difficult decisions to make in the near future. The unassailable problem is debt, public and private, that is threatening to overwhelm America. The problem simply cannot be moved down the road any [...]
Tags: America, choice, country, crisis, debt, form, God, government, income, man, Mike, PA, pay, problem, road, Social Security, state, Step, system, Thomas Jefferson
by Mike McCune – The Dow Jones Industrial Average soared more than 200 points Friday led by the financial sector. But missing was a solid reason for the move. If anything the DJIA should have been flat at best because a host of key reports were pending within hours. Any one of those [...]
Tags: activity, debt, Dow Jones Industrial Average, drop, effort, Europe, form, Friday, God, government, IMF, International Monetary Fund, July, man, Managing Director Christine, news, report, rest, second, year
Schools to get $21 millionWELD COUNTY, CO – On Tuesday, May 1, 2012, Weld County Treasurer John Lefebvre and the Weld County Board of Commissioners recognized more than $52 million in tax payments from one of Weld County’s largest single property tax payers. Anadarko Petroleum Corporation presented a $52 million check representing the company’s 2011 [...]
Tags: check, College, Colorado, debt, gas, Good Steward Award, Independence, industry, Institute, Jon Caldara, mill levy, oil, percent, perspective, property, road, state, status, tax, Weld County
Conway said current model unsustainable by Jack Minor – Faced with impending regulations from Obamacare and an unsustainable business model involving millions of dollars in losses each year, the Weld County commissioners announced a plan to transfer services to non-profit Banner Health. Under Obamacare, “The healthcare market has been undergoing a rapid transformation in part [...]
Tags: agreement, Banner Health, care, debt, Health, healthcare, Jim Ferando, law, money, NCMC, Obamacare, part, pay, primary, The Weld, The Weld County, time, transfer, Weld County, weld county paramedic services
by Matt Lacy – A spokesman for a media watchdog group said it was no surprise that a liberal pro-homosexual “faith group” has asked MSNBC to ban Tony Perkins, president of the family research Council from the network. The organization, “Faithful America” accuses the FRC of being a hate group because of its support [...]
Tags: AIM, America, ban, challenge, Council, credit, debate, debt, Faithful America, Family Research Council, FRC, John Kerry, left, Matt Lacy, MSNBC, network, organization, Southern Poverty Law Center, time, Tony Perkins
by Jack Minor – In what might seem like an unusual move for a government official, Rep. Cory Gardner announced today he would be returning $218,274 from his Congressional office budget to the United States Treasury. “With a debt of more than $15 trillion, it is important to look for cost-cutting solutions throughout the federal [...]
Tags: budget, burden, Congress, Congressman Gardner, Constitution, Cory Gardner, debt, Gardner, government, legislation, member, money, Party, Paul, percent, return, Ron Paul, Senate, Tea Party, year
by Mike McCune – Federal Reserve Chairman Ben Bernanke remarked on the U.S. unemployment rate early Monday to the National Association for Business Economics. He noted the economy must grow much more quickly than is its current pace to make any dent in the percent of unemployed individuals in the U.S. Bernanke’s remarks, closely followed by [...]
Tags: America, April, debt, form, God, government, interest, Jefferson, man, Mohamed El Erian, oil, pay, rate, Reserve, spring, Thomas, Thomas Jefferson, unemployment, unemployment rate, year
by Mike McCune – Wall Street is moving further into the realm of weightlessness, the euro’s demise moves closer by the moment while the United States government by passing tax cuts without corresponding spending cuts pulls the noose tighter around its own economic future. These events all have one entity to bless for their convergence–Goldman [...]
Tags: accounting, American, company, debt, ECB, EU, goldman sachs, government, Greece, Michael, Minister, money, opinion, paper, Prime Minister, Street, tax, United States, Wall Street, Washington
by Mike McCune – Numbers mean nothing to Washington politicians and bureaucrats. The difference between white and black carries much more weight in our national capitol and that is why everything seems to be a similar shade of gray when it comes from the heart of the country. Today’s point is the way Congress almost unaimously [...]
Tags: accounting, America, budget, debt, end, government, job, Michael, opinion, paper, person, position, show, Social, Social Security, tax, time, today, unemployment, Washington
by Mike McCune The stock markets continue to soar in early 2012–allegedly from sterling reports, European countries are finding buyers for their debt and the U.S. is peddling its debt with remarkable ease at very low interest rates that badly lag inflation’s bite. This all sounds too good to be true. Among other news [...]
Tags: accounting, American, debt, December, election, game, GDP, government, interest, LARGER, Michael, Mike, month, news, opinion, paper, press, something, tax, value
Under Obama, America has embraced communism’s tenets of wealth distributionI remember Soviet premier Nikita Khrushchev’s promise, “We will bury you.” As we look at America today we see how right he was. By far the most business illiterate group in America is college students – who arguably spend the majority of their time exposed to [...]
Tags: ACORN, America, Andy Stern, benefit, campaign, class, competition, debt, Europe, justice, Muslim, Nikita Khrushchev, Obama, Paul, right, Ron Paul, SEIU, Wisconsin, WWI, WWII
by Jack Minor – The Chief Executive Officer of a new customer experience center moving to Greeley said they looked at many factors including Weld County’s sound financial footing when choosing where to locate. Ken Tuchman, CEO of TeleTech, along with Governor John Hickenlooper and Greeley Mayor Tom Norton appeared at the new facility which [...]
Tags: building, call, CEO, company, debt, decision, experience, facility, Federal Government, Governor John Hickenlooper, Greeley, Ken Tuchman, online, place, status, support, Tom, Tuesday, United States Government, Weld County
by Mike McCune – Liberal-funded New Economic Foundation made the case for a 21-hour work week late last week in a published report. That was issued the same day Forbes and Local Market Monitor, a research firm, released a report trying to show America was on the verge of a brilliant recovery in the housing [...]
Tags: accounting, America, debt, Don, government, job, Jose, Michael, NEF, New Economic Foundation, opinion, paper, pay, rate, report, San, San Jose, tax, week, work
The congressman noted that January 24, the scheduled date for the State of the Union address, will mark the 1000-day anniversary since the senate passed a federal budget. He explained that the current republican-led House of Representatives has sent several budget proposals to the democratic controlled Senate where each proposed budget has failed to receive [...]
Tags: agreement, budget, Canada, caption, China, Colorado, Colorado River, Congressman Gardner, control, debt, Gardner, industry, issue, Mexico, oil, Platte River, security, town, United States, water
by Craig Masters Last week the Obama administration released a report about the unemployment percentage dropping. In response, the stock market spiked up. But this week, MarketWatch, Bloomberg and other segment specific news outlets report the number of people receiving unemployment benefits rose. According to “revised” numbers released by the Obama administration, the number of [...]
Tags: claim, Commerce Department, debt, December, Department, drop, government, investor, lot, Neil Dutta, news, Obama, percent, press, report, right, show, unemployment, web, week
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