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Browsing Archive: February, 2011

The F&C Editorial – February 22nd Edition

Posted by Craig Battaglino on Wednesday, February 23, 2011,

craigbattaglino@yahoo.com
 

At the State of the Union address back in January, Obama said that the government will lead the way to restore the future of America. So I guess Obama doesn’t believe that entrepreneurs have anything to do with America growing again. He believes the government will help rebuild the American spirit.

 

So entrepreneurs like the founders of Google, Facebook, Yahoo, Amazon, Twitter and a host of others had government assistance when they started their companies up...


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The F&C Editorial – February 1st Edition

Posted by Craig Battaglino on Tuesday, February 1, 2011,

 

The top numbers cruncher for Congress warned that the federal government increasingly risks sending the country into a "fiscal crisis," projecting that unless cuts are made, within a decade the national debt could reach nearly 100 percent of all annual economic activity. 

 

That's like having $50,000 in debt on a $50,000-a-year salary.   

Congressional Budget Office Director Douglas Elmendorf, on the heels of a report pegging the 2011 budget deficit at a record $1.5 trillion, testified...


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