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He's at the start of his first term, riding high in public approval ratings, supported by Congress' Democratic leaders and fresh out of the gate with legislative victories. ...more
February 24, 2009
$1.2 trillion National deficit inherited by President Barack Obama $1.5 trillion ...more
February 22, 2009
By the time the next edition of In The Loop hits the streets, America will have a new president. Barack Hussein Obama will be sworn in as the 44th commander in chief Jan. 20. ...more
January 14, 2009
"The Income Tax Relief Measure Comes at Expense of Debt" article in last Friday's paper, by Jim Abrams, clearly defines the policy and lack of principles of the Senate regarding tax cuts, spending increases and who pays the bills. Further, to have this White House praise the 100 senators' actions opposing the 435 representatives of the House's action, confirms our bankrupt policy. That this action could have closed loopholes to pay for the $50 billion peoples' programs only confirms that it is the working class wage tax that pays the national debt. The Senate and White House strenuously continue to protect the loopholes in the $200,000 range, which is the rule of thumb when big money is involved. It's a double win strategy for the Republicans in a losing year in that, like Sherman's scorched Earth policy, it leaves little in the treasury for the incoming "public servants," which may or may not be a blessing. ...more
December 11, 2007
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