In the history of mankind, many republics have risen, have flourished for a less or greater time, and then have fallen because their citizens lost the power of governing themselves and thereby of governing their state. TR

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Obama Suggests He’ll Take the McConnell Plan

President Obama today signalled that he would accept a plan by Senate Minority Leader Mitch McConnell to make a clean increase in the debt ceiling that is not directly tied to deficit reduction. Obama, who appeared at yet another White House press conference, proclaimed that he continued to seek a $4 trillion deal to reduce the deficit. But since it includes tax increases unacceptable to

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The Obama Morning News || July 15, 2011

As a breakthrough in bipartisan White House talks begins to look unlikely, Senate leaders work on legislation to allow an increase in the debt ceiling. House Speaker Boehner suggests he’d consider it. Deficit proposals include charging seniors more for Medicare. S&P could downgrade U.S. debt before the month is out. At Thursday’s White House meeting, President Obama told congressional leaders an agreement must be reached in 24 to

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Quote of the Day

“Nonsense. It wasn’t because of what Cantor said. I just suddenly wanted to look something up in my thesaurus.” – Barack Obama A note from our attorneys: This is not a real quote.

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