Showing posts with label CNBC. Show all posts
Showing posts with label CNBC. Show all posts

Monday, July 20, 2015

Cruz discusses "Mendacity" in D.C. Republican "Leadership"


"Dishonest scales are an abomination to the Lord,
But a just weight is His delight."
Proverbs 11:1

[Author's Note: While Cruz is speaking about Republican "leadership" in D.C., he could just as easily be talking about it in Austin.]

Ted Cruz spoke candidly about Republican 'leadership' in the U.S. Senate last week:



Highlights:
  • Debt ceiling debate in early 2014 was very revealing.
  • Passed in U.S. House with D's and a few R's
    • Author's Note: This is straight out of Joe Straus' playbook
  • Mitch McConnell wanted to lower 60-vote threshold.
  • "I've never spoken I'll of another Senator."
  • "What is considered problematic is telling the truth...they would rather you call them an S.O.B."
  • D.C. would rather have you make personal attacks than substance.
  • "Why are you throwing 5 Republicans under the bus?!?"

Wednesday, April 3, 2013

CNBC: Will Bankrupt California City Escape Pensions?!?


A great segment from CNBC on the ongoing cautionary example that is California:


Highlights:
  •  Public Pensions are untouchable under California law.
  • CALPERS told Stockton there was no emergency.
  • Stockton is already $1 Billion in the hole to CALPERS.
  • Los Angeles' pension and health care costs are up 150% in the past decade and will consume 25% of the city budget by 2017.
  • Since the bottom of the crisis, tax collection in California is actually 11 billion higher AND education is down; the difference is Public Pensions and Health Care.
 (Sidenote: CALPERS is also in bed deep with Agenda 21.)

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In other California related cautionary tales, this piece from Victor Davis Hanson is GREAT.

Update: Looks like Chuck DeVore has more.

Update II: Breitbart has more.



Update III:  Eek!!!