U.S. cannot afford Obama policies
Can it get any worse? Unfortunately, yes. President Barack Obama, who won office in part by accusing Republican former President George Bush of irresponsible spending, has admitted that his policies will result in federal deficits of $8.6 trillion during the next 10 years. That will be on top of the current national debt of about $12.4 trillion. But wait, say officials the nonpartisan Congressional Budget Office. The CBO reported recently that Obama’s estimates are low — by about $1.2 trillion. The actual amount of deficit spending during the next decade will be about $9.8 trillion, according to the CBO. Meanwhile, Obama has announced that his top priority is enactment of a health care program — at a cost of at least $1 trillion. One thing is clear: Obama is on track to become the most expensive president in history. It seems clear the country cannot afford him.
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A great opportunity
We believe there is great opportunity for area residents in “Leadership Martin County,” a college course designed to inform and potentially create future local community leaders.
Fannie, Freddie are still bleeding red ink
The Federal Home Loan Mortgage Corp. — Freddie Mac — lost nearly $26 billion last year, it was revealed recently. That makes a total of nearly $80 billion in losses for the mortgage company.
» Full StoryPerhaps someone could have made effort
We don’t quite understand the thinking of Blue Earth Councilman Les Wiborg and some of his fellow citizens.
» Full StoryLawmakers should boost courts’ funding
“The basic object of government is to provide for public safety and ensure the rule of law.”
Those sage words come from Minnesota Supreme Court Chief Justice Eric J. Magnuson.
Obama says it’s his plan or the highway
Promises, promises. Once again, President Barack Obama is making them — but with no intention of following through.
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