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Showing posts from November 29, 2010

Obama to freeze federal salaries. Yawn.

Color me not impressed please.  In a move set to appease the angry middle class the Obama Administration has announced a salary freeze . The freeze, which requires congressional approval, applies to civilian federal employees -- including non-military personel serving at the Department of Defense. The White House says the move will save $2 billion during the rest of the current fiscal year and $28 billion over the next five years. So not giving raises to federal employees while the private sector is experiencing austerity across the board will save us money?  Recognize the sheer absurdity of the statement.  It is the equivalent of a teenager coming up to his parents and demanding praise and recognition because he decided that he will not borrow any additional money from the parents.  Is this really what America's political accomplishments are being reduced to? Of course Obama and now the infamous 'jobs saved' mantra has taken political spin to an entirely new l...