What's a TRILLION dollars amongst friends?

Faced with a federal budget deficit projected to reach an unheard of $1.2 trillion this fiscal year and a skeptical public, Democrats are doubling up efforts to sell their economic recovery plan. Yet President-elect Barack Obama's economic stimulus package, pegged at another $800 billion, would only add to the deficit.

That's on top of a $700 billion financial rescue, a $17 billion auto bailout and the first $150 billion stimulus (that's the one approved right before the worst economic crisis since the Great Depression).

The national debt already has topped $10 trillion -- or $35,000 per person. And the bigger it gets, the more the country has to pay in interest every year. But the deepening recession creates the opportunity for federal intervention and government experimentation on a scale unseen since the New Deal -- and that is just the window Obama and crew need to enact the "change" he desires

With Economists warning against more stimulus and bailout plans, where does it end?

He's a heartbeat away from the presidency, but that apparently didn't help Joe Biden get a movie ticket Saturday night. I'm sure that VP-elect Biden didn't anticipate his New Year starting out this way.

From our 'Boom Goes the Dynamite Files'...

The global warming religion continues to crumble before our eyes. But the good news is that the North Pole will be safe after all!

While the global warming alarmists wanted us to believe that we would lose Santa's workshop by 2013, real scientists are reporting that global sea ice levels are the same as 1979. In fact the rate of ice increase from September onward is the fastest rate of change on record, either upwards or downwards.

I wonder if the crew over at the University of Illinois's Arctic Climate Research Center are some of the more than 650 international scientists who are dissenting over the man-made global warming claims.

Earlier this year, predictions were rife that the North Pole could melt entirely in 2008. Instead, the Arctic ice saw a substantial recovery. Why were predictions so wrong? Because global warming is the worst scientific scandal in the history of mankind.

It looks like Al Gore is a bit off on his prediction that North Pole will be completely gone in 5 years. Even the global warming religionists at The Huffington Post are jumping ship.

Sorry global warming alarmists... but facts are stubborn little things.

Recently the Christian Science Monitor included a quality commentary noting how much of the world's response to Hamas is a false moral equivalence that simply encourages the terrorists.

Unfortunately at this point it would appear that neither Israel nor anyone else has a long-term workable strategy for dealing with Hamas in Gaza. This is a militant organization that has taken over a piece of Palestinian territory but refuses to behave like a sovereign power and, ultimately, glories in the victimhood or martyrdom of its people. Terms like victory, defeat and peace negotiations are irrelevant here.

Israel is being pressured into sacrificing its basic right to exist. Israel has a right to defend its citizens from attack, and Hamas had launched over 200 rocket and mortar attacks on civilian populations in the week before this operation.

We should be supporting Israel's right to take whatever military action is needed to defend itself against its nihilistic enemies. Morally and militarily, Israel is America's frontline in the war on terrorism.

Prevailing wisdom among politicians, media talking heads, and a sizable number of economists is that a downpour of government money is needed to “stimulate” the economy into recovery. (To understand why this belief is bunk, please see Dan Mitchell’s helpful video here.)

But isn’t spending tons of money exactly what government at all levels has been doing in recent years? According to U.S. Bureau of Economic Analysis numbers, combined federal, state, and local expenditures in 2000 were an already unhealthy 30% of GDP. Eight years and two recessions later, government spending now sucks up 35% of the nation’s economy and is trending higher. During that time we have witnessed the first $2 trillion federal budget and the first $3 trillion dollar budget.

With all the money federal, state, and local governments have been spending shouldn’t we be experiencing a boom? It would seem to me that proponents of government spending as a cure for our economic cold have it backward.

Christmas may be over, but that hasn't stopped democratic leadership from trying their best to stuff the stockings still hanging above the stove with coal.  Earlier today a group of Democratic governors warned that without as much as $1 TRILLION in federal bailout dollars

, many states will not be able to pay their bills in the next year.