Skip to main content

Posts

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://patriotpost.us/manage/ and log in with your email add