China may be preparing to cut its foreign exchange reserves by about two-thirds, down to about $1 trillion from its current $3.04 trillion level, according to Chinese news service Xinhua. China currently holds about $1.154 trillion of U.S. treasuries — the debt securities that constitute U.S. debt. Dumping those treasuries would have severe consequences, mostly for the American people.
Last night Congressman Ron Paul (R-TX) told Sean Hannity he was gearing up for a run for president. Ron Paul has always had an admirable respect for the U.S. Constitution and has always been a strong voice for fiscal responsibility and limited government. If he were the average conservative who believed in such things, I could really get behind him as a presidential candidate. unfortunately, when it comes to foreign policy and national defense…well, the phrase “crazy as an outhouse rat” comes to mind.
Sean Hannity has been taking a look at the history of liberal media bias lately, and in this latest installment, he exposes the “mainstream” media bias in the Valerie Plame case several years ago. The entire exercise, from the “mainstream” media perspective, was smear Bush, get Bush, trash Bush, hurt Bush. There was no other purpose to the story, no other plot to the narrative.
So, have you heard? The United States Constitution no longer protects freedom of speech and expression for American citizens on American soil. Yep. It became official this past Friday in Dearborn, Michigan. It all started when Gainesville, Florida pastor, Dr. Terry Jones, of the Dove World Outreach Center and his assistant pastor Wayne Sapp planned to protest in front of the largest mosque in America, which is in Dearborn. They applied for a permit to hold the protest, but not only was no permit given, they ended up in court and then in jail.
Shad Olson recently interviewed Gordon Howie, CEO of the Life and Liberty Group in Rapid City, about the upcoming Festival for Life celebration on May 13, 14 and 15, 2011. The weekend’s events will include speaking engagements with former ambassador and presidential candidate Alan Keyes, a foot parade to Planned Parenthood, and a showing of the film “Blood Money,” a behind-the-scenes look at the abortion industry.
The 2011 National Day of Prayer is coming up on May 5. Though secularists have sued to do away with this time-honored American tradition, the courts have rejected this attack on religious freedom and America’s Christian heritage, so you are completely free to observe the National Day of Prayer this year as we always have in America.
There is a plan already out there, enacted into law, which does intend to produce significant cost savings in Medicare over the next ten years by lessening care and benefits to seniors: the Patient Protection and Affordable Care Act (ObamaCare). On the other hand, the Ryan Plan sees the empowerment of patients as consumers as the, “critical element in restraining the growth of health costs without government rationing.”