Obamas Deficit reduction

These days everybody is talking about the National Debt. President Obama recently came out with a pledge to "act boldly now" on the deficit. Mr. John Lott discribes this plan and his opinion on the matter. He explains why Mr. Obama's plan is no good only pointing out the cons on the whole thing. What he doesn't state its that Mr. Obama is atleast trying to do something about it. He is trying to end the budget cut for millionaires and billionaires. Which in my opinion is totally rediculous to have millions of dollars and not have to pay the same taxes as I do. I dont care if they have power because they give money to representatives. If you dont want to pay alot of money for taxes, then you should make less money. Also to say that Obama's plan will only Reduce the deficit by a measly 1.7 Trillion dollars, and saying that it is a bad thing is rediculous to say the lesast. 1.7 trillion dollars off of the deficit my not seem like much with a deficit that is over 10 trillion dollars, but it is better then nothing. He says that if Obama would have kept his campagin promises, we would not be in a deficit. I disagree with this the deficit started back when we went to war in 03' and just becasue Obama didnt come through dosent mean its his fault.

Hillary stirs up the U.N.

I read this post at the Houston Chronicle about Gadhafi's rule in Libya, and what other countries are going to do about it. Hillary Rodham Clinton spoke to the U.N. about coming together and at least talking about the rule of Gadhafi, and what the other nations are going to do about it. In this article it has European Union issuing travel bans and freezing assets of senior Libyan officials. Germany wanting do have a 60-day economic embargo. There is also a no fly zone that is spoken of, and it might take a while to get that done, but Australian Foreign Minister Kevin Rudd supports the action of a no fly zone. The French question the whole thing of course. This article is a great read, because it shows America being supported by other countries, and the effect that America can have on the countries. It also has some of the things that have been going on in Libya.