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Showing posts from August 1, 2011

Monday Brief: The Good and Bad of the Debt-Ceiling 'Deal'

Read this on the Web at http://patriotpost.us/edition/2011/08/01/brief/ Brief · August 1, 2011 The Foundation "Public affairs go on pretty much as usual: perpetual chicanery and rather more personal abuse than there used to be." --John Adams Editor's Note Boehner, Obama and Reid The debt-ceiling "deal" agreed to by Senate Majority Leader Harry Reid (D-NV), House Speaker John Boehner (R-OH), and President Barack Obama over the weekend is Washington politics at its finest: Cut $2 trillion from federal spending over a decade in return for adding $2.4 trillion to the current $14.3 trillion debt this year . That's enough that the debt ceiling debate won't have to occur again until after the 2012 elections, throwing O...

Founder's Quote Daily

"A constitution founded on these principles introduces knowledge among the people, and inspires them with a conscious dignity becoming freemen; a general emulation takes place, which causes good humor, sociability, good manners, and good morals to be general. That elevation of sentiment inspired by such a government, makes the common people brave and enterprising. That ambition which is inspired by it makes them sober, industrious, and frugal." --John Adams, Thoughts on Government, 1776 Follow The Patriot Post :                You have received this email because you are subscribed to Founder's Quote Daily, a service of The Patriot Post . To subscribe to Founder's Quote Daily and The Patriot Post , link to http://patriotpost.us/subscribe/ . To manage your subscription or to unsubscribe, link to http://pat...