Some people don't care.

CBO: Health Care Bill Will Cost $115 Billion More Than Previously Assessed

May 12, 2010 9:08 AM

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The director of the Congressional Budget Office said Tuesday that the health care reform legislation would cost, over the next ten years, $115 billion more than previously thought, bringing the total cost to more than $1 trillion

Paul Ryan on EU Economic Crisis: “What We Are Seeing Is the Failure of European Socialism & the Social Welfare States” (Video)

Posted by Jim Hoft on Monday, May 10, 2010, 11:07 AM

“What We Are Seeing Is the Failure of European Socialism & the Social Welfare States”

Rep. Paul Ryan (R-WI) talked about the financial crisis in Greece this weekend on Up Front with Mike Gousha. Here is what the popular and brilliant Republican had to say about the European financial crisis:

http://www.youtube.com/watch?v=L9BcOPRD17g

Rep. Paul Ryan sends a warning:

“I am enormously concerned. First of all, Greek contagion can spread to some of these other countries like you said. What this basically is… It is so ironic coming from the cradle of Western Civilization. What we are seeing is the failure of European socialism and social welfare states. What is basically happening here is this sovereign debt crisis could come over and spread to us. We’ve got to make sure we put in the right kind of fiscal controls, the right kind of balancing to prevent this from happening. Because what’s happening is the markets are questioning the viablility of sovereign debt. The markets are questioning whether or not governments are going to be able to live up to all the promises and debt that they have racked up… Sooner or later you run out of spending other people’s money with welfare states.”

Sooner or later you run out of spending other people’s money

(Reuters) - The United States posted an $82.69 billion deficit in April, nearly four times the $20.91 billion shortfall registered in April 2009 and the largest on record for that month, the Treasury Department said on Wednesday.

Oil companies face an immediate tax rise of 1 cent per barrel to help to pay for the clean-up in the Gulf of Mexico under proposed legislation rushed out by the White House yesterday.

The measure, unveiled as BP began a new attempt to contain the ruptured well that has leaked millions of gallons of crude oil into America’s southern coastal waters, would put an extra $500 million (£340 million) over ten years into the Oil Spill Liability Trust Fund, which covers damage caused by such disasters.

 

Kliphnote: 
 Tax on the oil company's will cost you more at the pump.
The sad part is some people DON'T CARE! 
As long as they get what they want, at any cost. 
Even if we end up like Greece, Portugal,Italy and Spain and many more
in the EU.
They just don't care. They will blame someone else.
Just raise taxes to pay for it. 
Their LOVE for Obama has blinded them.
Now you know why there is the Tea party. Control cost.