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The federal Titanic is sinking

This is an apt analogy for our nation’s current fiscal crisis. Because of an accounting gimmick where governments pretend future liabilities don’t exist and, therefore, don’t account for them, most Americans don’t know how big the problem really is. The amount typically reported, nearly $16 trillion, is actually only the surface of our debt. According […]

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The debt deal

But that’s not the end of the fight over debt, said U.S. Rep. James Lankford, R-Okla. Lankford visited Oklahoma Gazette Aug. 3 and discussed the debt-ceiling debate and legislation, as well as several other issues. The freshman congressman voted for the deal, but expressed doubt about what could be achieved to reduce the nation’s debt […]

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His cups runneth over

The horny-cups are the most expensive find in the history of the show, according to the Washington Post, beating out an 18th century Qianlong Jade collection. The cups’ owner, who understandably wished to remain anonymous, said, “I guess I won’t have to rely on Social Security anymore,” the Post reported. Well, at least somebody now […]

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