Spending vs. Revenue - Spending will skyrocket beyond its historical average of 20.3 percent of the U.S. economy, reaching 26.4 percent by 2021. Revenue, meanwhile, will surpass its historical average of 18 percent of GDP in the same year, according to Heritage Foundation calculations based on CBO data.
Europe - The Federal Reserve, along with the 17 euro zone national central banks, may help provide the International Monetary Fund with funds that could be used to aid debt-ridden states, a German newspaper said (Die Welt).
NFL - Hank Williams Jr. was yanked from Monday Night Football for comparing President Obama to Hitler during a Fox and Friends appearance. However, Madonna's vile words toward Sarah Palin weren't enough for the NFL to revoke her invitation to perform at the Super Bowl in February.
Standard and Poor - Standard & Poor's warned it may carry out an unprecedented mass downgrade on the credit ratings of euro zone countries if EU leaders fail to reach an agreement on how to solve the region's debt crisis in the near future.
Caitlin Halligan – Halligan was tapped last year by President Obama to serve on the U.S. Court of Appeals for the District of Columbia Circuit, but her nomination was defeated in a cloture vote. Moderate Democrats and Republicans voted against Halligan based on her record against gun rights and her philosophy of dealing with enemy combatants.
RNC – The Republican National Committee warned Republican candidates this past week to refrain from personal attacks against President Barack Obama. The RNC insists that while most poll numbers indicate that Obama’s approval ratings are low (job performance), most Americans still have a high opinion of the President personally.
CFPB - The new Consumer Financial Protection Bureau (CFPB), according to Obama administration officials simplifies credit card agreements because it would help avoid confusion and stress for those struggling to make ends meet.
The Party of Civility – Alec Baldwin was kicked off an American Airlines flight last week for being uncivil (yes, liberals favorite Hollywood star).
Fort Hood Shooting - The Obama Administration still doesn't get it, and officially classified the Ft. Hood shooting carried out by Islamist Nadal Malik Hasan that left 13 people dead and 29 others wounded as "work place violence." Call it political correctness.
Rod Blagojevich – The former Illinois Governor was sentenced to 14 years for fraud and corruption.
Registered Democrats - 825,000 Democrats in the swing states of Colorado, Florida, Iowa, Nevada, New Hampshire, New Mexico, North Carolina and Pennsylvania have left the Party.
EPA – The agency is considering tighter regulations of dust created by farming.
My Book: Is America Dying? (Amazon.com, Barnes and Noble)
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