That is one ugly chart. It illustrates how Barack Obama and the spendaholics in Congress will quadruple our deficit THIS YEAR! 4 times the Bush deficit in 12 months. That’s some change you can believe in, and it isn’t chump-change. Unbelievable. What’s even MORE unbelievable is that for every dollar [...]

The OMB released their report on the deficit today, and it is not looking good. On Wednesday, the Fed decided to do some quantitative easing…to the tune of a Trillion dollars. This means the Fed “printed” a $Trillion, and what did they do with it? Bought long-term Treasury bonds and mortgage securities, [...]