WE OWE AND OWE AND OWE - Earlier this week the White House announced that the projected Fiscal Year 2009 deficit will be $490 billion, which is a record . The deficit for the current year is expected to be $410 billion. Among the factors contributing to the high numbers are the cost of military expenditures in Iraq and the $170 billion in checks sent to taxpayers to "stimulate" the economy. Hidden in the new Housing "Relief" bill was an increase in the government's limit to borrow from $9.5 to $10.5 trillion. Don't worry about it though, our grandchildren can pay off our debt.

MCCAIN MAY PICK WOMAN WITH BAGGAGE - This morning the Washington Times reported that John McCain may pick either Gov. Sarah Palin (R-AK) who may be indicted any day for corruption or Carla Fiorina, the former CEO of HP who was fired for nearly running the company into the ground. There are only two possibilities here:tThe story was a plant from the Obama campaign or there was a gas leak in the Washington Times building that has caused mental confusion in the editorial staff.

HOW BAD IS THIS CONGRESS? - Nacy Gibbs's wrote in Time Magazine: "The 260 laws passed by the 110th Congress represent a 30-year low, and they include the naming of 74 post offices, not to mention the nonbinding resolutions designating July National Watermelon Month and recognizing dirt as an essential natural resource." The article went on to point out that Congress has only a 9% approval rating. The worst part, however, is that 40%of voters think the Republicans are still in charge and want them out. They do not know that Congress is being run by San Francisco radical Nancy Pelosi. Read more

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NEW CHAIRMAN'S REPORT - The all new July 31, 2008 Chairman's Report is now available to read in PDF format. This issue contains a full report on the July mission to the Middle East to assist Iraqi Christian refugees. There are new facts on the condition of Christians in Jordan. The bombing in Ariel and the recovery of David Ortiz's son is also covered. Click here to view new issue.

FREEDOM OF RELIGION VS DEFAMATION OF RELIGION - Islamic nations want to pass UN resolutions making freedom of speech a crime under the guise of "defamation of religion." Resolutions and laws upholding the "defamation of religions" as a legal principle protect ideas rather than the individuals who hold ideas. "Defamation of religions" measures charge the speaker for expressing his views about a religion. This may sound extreme, but Canada already has such laws on its books and Christians have been punished there for criticism of Islam. Read more