January 28, 2006

2008 Presidential hopeful part of corrupt political system

At least one 2008 presidential hopeful is bankrolling campaign funds through the use of his own 527 organization. Prowess in raising campaign monies is to a federal candidate's greatest advantage in our corrupt political system, especially if it is shown early on in the race.

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Our president and Congress have not shown fiscal leadership!

Our long-term United States budget forecast is gloomy, particularly if President Bush and Congress agree to extend the tax cuts ready to expire after 2010; Bush wants Congress to make the tax cuts permanent before he leaves office in 2009. This means that in 2016, the annual federal budget deficit would be nearly $400 billion. Beyond that, the costs of Medicare, Medicaid and Social Security are projected to rise to a level that "economic growth alone is unlikely to alleviate," according to the Congressional Budget Office.

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