Key Issues

Government

Champion government efficacy, economic freedom and individual responsibility. Bureaucratic tendencies cause our leaders to appropriate power and restrict our freedoms under the guise of ‘the public good.’ Free people and free markets are the best guarantors of a better life for all. READ MORE...

Key Issues

Education

Promote School Choice – The late John Walton stated that children of low income parents are getting a raw deal when it comes to education. He devoted much of his time and treasure to promoting school choice. This section of the website is dedicated to him. READ MORE...

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'There is Zero Probability for Default' on the U.S. Debt …

... because the federal government can always print more money, even if it chooses not to cut spending But when the debt ceiling debate returns in February we will hear otherwise from the Chicago-bred, Washington DC Democratic elite. The U.S. government takes in an average of $225 billion a month. Monthly interest costs average approximately $18 billion. That means we can prevent default and still have $207 billion left over. - Read more. http://youtu.be/q6vi528gseA

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senate-seal

Why Is Harry Reid’s  “Nuclear Option” a Very, Very, Big, Big Deal?

Senate surrenders a key check and balance on the President's power The Senate Majority Leader has annihilated the U.S. Senate’s famed regard for minority rights, destroying one of the checks and balances remaining in the way of President Obama’s agenda. - Read more.

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It's impossible to default on the debt----years down the road, maybe

Average monthly interest costs are $18 billion. We take in on average $225 billion. By law, the president must pay interest first before anything else. In addition to interest we must roll over the $550 billion of maturing debt each month. Newly issued bonds replace maturing bonds with no net change in total debt outstanding. If the Chinese and other investors won't purchase them, Federal Reserve Chairman Bernanke will just buy them for the Fed's account. - Read more.

               ____________________________________

 

Shutdown Government Orders Private Business to Close

Petulant officials punish the public In between hashing out the Declaration of Independence and the Constitution, the Founding Fathers would refresh themselves and enjoy each others’ company at Philadelphia’s City Tavern. The Tavern continues in operation today, serving fine food and drink. Read more.

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Obama Delays Mandate ‘Til After Next Election

A curious move, given how we were told three years ago that Affordable Care Act needed to be passed urgently Under the guise of making things easier for businesses, the Obama administration is delaying the legal mandate that any business with more than 50 employees must provide health insurance from January 2014 to 2015. - Read more.

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Heroism Turned Upside Down

Wendy Davis is lionized for taking a stand–but does it matter what she stands for? When State Senator Wendy Davis, standing for 12 hours in her pink shoes, filibustered the Texas bill that would ban late-term abortions, she was hailed by even mainstream news anchors as a heroine because she “took a stand.” But what was she standing for? For allowing doctors to kill fully formed babies in the final stages of pregnancy. - Read more.

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Establishment Could Lose Immigration Fight

Tea Party is still strong–despite reports that it has been dying Tim Carney writes at the Washington Examiner that even though Marco Rubio’s immigration bill is backed by both Republican, Democratic, and lobbyist elites, as well as the White House, the Tea Party in the U.S. House could very well prevent the bill from passing. - Read more.

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Obamacare Costs Becoming Increasingly Evident

Affordable Care Act’s supporters scramble to make things seem better Soon many employers will be informing their employees that they will no longer be covered by their company’s health care plan, thanks to Obamacare. This and many other surprises, including increased premiums, are in store for America. - Read more. [post_title] => [post_excerpt] => [post_status] => publish [comment_status] => closed [ping_status] => closed [post_password] => [post_name] => 8469-2 [to_ping] => [pinged] => [post_modified] => 2013-12-12 06:51:11 [post_modified_gmt] => 2013-12-12 06:51:11 [post_content_filtered] => [post_parent] => 0 [guid] => http://fosterfriess.com/?page_id=8469 [menu_order] => 0 [post_type] => page [post_mime_type] => [comment_count] => 0 [filter] => raw [meta_id] => 17761 [post_id] => 8469 [meta_key] => show_on_homepage [meta_value] => on ) )

 

‘There is Zero Probability for Default’ on the U.S. Debt …

… because the federal government can always print more money, even if it chooses not to cut spending

But when the debt ceiling debate returns in February we will hear otherwise from the Chicago-bred, Washington DC Democratic elite.

The U.S. government takes in an average of $225 billion a month. Monthly interest costs average approximately $18 billion. That means we can prevent default and still have $207 billion left over. - Read more.

                ____________________________________

senate-seal

Why Is Harry Reid’s  “Nuclear Option” a Very, Very, Big, Big Deal?

Senate surrenders a key check and balance on the President’s power

The Senate Majority Leader has annihilated the U.S. Senate’s famed regard for minority rights, destroying one of the checks and balances remaining in the way of President Obama’s agenda. - Read more.

                ____________________________________

 

It’s impossible to default on the debt—-years down the road, maybe

Average monthly interest costs are $18 billion. We take in on average $225 billion. By law, the president must pay interest first before anything else.

In addition to interest we must roll over the $550 billion of maturing debt each month. Newly issued bonds replace maturing bonds with no net change in total debt outstanding. If the Chinese and other investors won’t purchase them, Federal Reserve Chairman Bernanke will just buy them for the Fed’s account. - Read more.

               ____________________________________

 

Shutdown Government Orders Private Business to Close

Petulant officials punish the public

In between hashing out the Declaration of Independence and the Constitution, the Founding Fathers would refresh themselves and enjoy each others’ company at Philadelphia’s City Tavern. The Tavern continues in operation today, serving fine food and drink. Read more.

____________________________________

 

Obama Delays Mandate ‘Til After Next Election

A curious move, given how we were told three years ago that Affordable Care Act needed to be passed urgently

Under the guise of making things easier for businesses, the Obama administration is delaying the legal mandate that any business with more than 50 employees must provide health insurance from January 2014 to 2015. – Read more.

____________________________________

 

Heroism Turned Upside Down

Wendy Davis is lionized for taking a stand–but does it matter what she stands for?

When State Senator Wendy Davis, standing for 12 hours in her pink shoes, filibustered the Texas bill that would ban late-term abortions, she was hailed by even mainstream news anchors as a heroine because she “took a stand.” But what was she standing for? For allowing doctors to kill fully formed babies in the final stages of pregnancy. - Read more.

____________________________________

 

Establishment Could Lose Immigration Fight

Tea Party is still strong–despite reports that it has been dying

Tim Carney writes at the Washington Examiner that even though Marco Rubio’s immigration bill is backed by both Republican, Democratic, and lobbyist elites, as well as the White House, the Tea Party in the U.S. House could very well prevent the bill from passing. – Read more.

____________________________________

 

Obamacare Costs Becoming Increasingly Evident

Affordable Care Act’s supporters scramble to make things seem better

Soon many employers will be informing their employees that they will no longer be covered by their company’s health care plan, thanks to Obamacare. This and many other surprises, including increased premiums, are in store for America. – Read more.