Happy U.S. Credit Rating Downgrade Day! Two years ago today, Standard & Poor’s downgraded the U.S. credit rating and, not surprisingly, it hasn’t recovered since. Despite 2012 campaign rhetoric and the liberal-media narrative, the downgrade occurred because the President and Congress failed to resolve the long-term spending and debt crisis. Within that time period, the President has failed to lead, hasn’t proposed any significant reforms, and the situation is even worse.
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It is getting to the point that we simply do not know what else will come out in the next 24 hour news cycle. However, it is not as if the NSA abusing the Patriot Act is something terribly shocking, nor will we learn that Verizon is the only company who was forced to comply with the rolling order.
Yesterday, in the kick off article for “Truth Week,” I debunked the Seventeenth Amendment and exposed how Senators direct wealth-producing legislation toward the industries that later employ them – and they get very, very rich.
Senator Judd Gregg-R, “played a central role in crafting and passing the Troubled Asset Relief Program,” then he made a killing. – AEI
The IRS scandal, which again played out on TV today, is an excellent opportunity to kick off “Truth Week” and expose progressivism in every dark corner for the despotic false promise it is. I, myself, would happily give up my vote for Senator in order to return to the original federalist design before the ratification of the Seventeenth Amendment, and you will too by the time you are done reading this article.
In light of all of the recent Obama scandals, which are causing nothing short of a crisis of credibility among the American people toward their government, we are kicking off “Truth Week” ahead of next month’s launch of the Institute for Civil Society.