Archive for: January 12, 2012

Truth be told, because entitlement spending has tripled while defense spending declined as a percentage of gross domestic product (GDP), entitlement spending (Medicare, Medicaid, and Social Security) is now 10 percent of GDP, whereas defense spending is only 5 percent.

The professional doom peddlers would have us believe that because a certain Mayan calendar ends on December 21, 2012 the world is going to end. With a bang or with a whimper they aren’t sure, but if you will …

UNESCO’s deficit has skyrocketed from an estimated $120 million to $167 million for 2012-2013 as a result of its decision to admit Palestine as its 195th member in breach of UNESCO’s own Constitution.

The dictator in chief continues to show his true colors (for those who are not color blind) with alarming news this first week of the New Year on how he intends to do the work of Congress, without Congress. According …