Truth

There was truth and there was untruth, and if you clung to the truth even against the whole world, you were not mad.

Arizona

Arizona
Showing posts with label recovery. Show all posts
Showing posts with label recovery. Show all posts

Wednesday, October 6, 2010

Jobs & Debt Anyone?

Our Biden Momemt of the Week: “If I hear one more Republican tell me about balancing the budget, I am going to strangle them.”
He quickly added: “To the press, that’s a figure of speech.”
Yeah, that’s an evil thought isn’t it Joe.  Perish the Thought… :)
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Another great Moment: The debate between Richard “I lied about being in Vietnam” Blumenthal(D) and Linda McMahon.
When asked about how you create a job, he rambled on for over a minute and end up with praising government.
She did it in 19 seconds. :)
http://video.foxnews.com/v/4359817/how-do-you-create-a-job/
By the way, it is expected by many economist that when the Unemployment figures come out on Friday that the rate will GO UP!
3 Trillion Dollars of Debt and nothing but Keynesian socialism to show for it! :)
Don’t worry, be Happy.
Hope and Change is still alive!. It’s a zombie corpse coming relentlessly to eat your brains, but it’s still alive!
Yes He can!!!
The Democrats have no idea how to create a job without a massive government bureaucracy run by them, which is probably why they ignore it so much.
WASHINGTON — Recovery.gov promised transparency on how the government spends every dollar of stimulus money, but there’s $162 million the website doesn’t disclose.
Recipients of 352 federal stimulus contracts, grants and loans have failed to report how they spent the money, the status of their projects or how many jobs were funded, according to the Office of Management and Budget (OMB).
Despite orders from the White House to crack down, enforcement is spotty.
Gee, now that’s not transparent. :)
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From a Russian Webpage on “Global Warming”
Forecasters say this winter could be the coldest Europe has seen in the last 1,000 years.
The change is reportedly connected with the speed of the Gulf Stream, which has shrunk in half in just the last couple of years. Polish scientists say that it means the stream will not be able to compensate for the cold from the Arctic winds. According to them, when the stream is completely stopped, a new Ice Age will begin in Europe. (prime time russia)

I guess the Global Warming alarmist were too busy blowing up people they disagreed with in commercials to notice. :)
Then there’s Obama’s Global Warming Cops, The EPA.
Tough new rules proposed by the Environmental Protection Agency (EPA) restricting greenhouse gas emissions will “slow construction nationwide for years” – but will only reduce global temperatures 0.0015 (15 ten-thousandths) of a degree Celsius in the next century.
“(D)uring this time, tens of thousands of sources each year would be prevented from constructing or modifying,” the EPA staff wrote. “In fact, it is reasonable to assume that many of those sources will be forced to abandon altogether plans to construct or modify. As a result, a literal application (of the permit requirement) to GHG (greenhouse gas) sources would slow construction nationwide for years, with all of the adverse effects that this would have on economic development.”
But the benefit of regulating mobile sources (aka Cars) is, also by the EPA’s own estimations, as little as less than two thousandths of a degree in temperature reduction over a century.
Meanwhile, Mother nature is doing it anyways. Gee, I wonder “Global Warming” (climate Change, et al) is a liberal socialist control scam? :)
And way to create some jobs there, guys! :)
If it walks like a liberal socialist duck, smells like a liberal socialist duck,it’s a liberal socialist duck.
Rep. Frank Lucas (R-Okla.) said, “In many instances, the EPA is overreaching its authority. Instead of operating within the law, EPA believes it can dictate to Congress that legislation needs to be passed for more government authority. And if Congress doesn’t act, it threatens to regulate anyway.”
“Every day, the EPA seems to demonstrate how vastly disconnected it is to the folks who feed us.”
Gee, where have we heard this about being “disconnected” before? :)
President Obama made a big show this week of installing solar panels at the White House, calling it a “commitment to lead.” It’s not. It’s feel-good political symbolism masquerading as a real energy policy.
One could almost feel the prickly sweater of Jimmy Carter descending over the White House as news of solar panels gracing the roof of the residence, as they once did in 1976, was announced Tuesday.
Back then, Carter made symbolic gestures like installing panels and wearing sweaters to set a personal example for conserving energy, while ignoring the shortages, gas lines, rationing and inflation that came with high energy prices.
Inexplicably, the current president is copying him.
According to the White House blog, the new panels are “a project that demonstrates American solar technologies are available, reliable, and ready for installation in homes throughout the country,” a claim which presumes that the only reason Americans aren’t buying them is their own stubbornness.
But in reality, the panels remain costly, and experts estimate the White House installation to cost $100,000. A price tag like that means such panels will remain a rich man’s plaything, no matter how much they demonstrate a commitment to green energy.
In the White House case, the panels also represent politics. Democrats have been desperate to enact a green agenda as midterm elections approach, having failed repeatedly as their proposals collided against economic reality. So instead of grinding the economy to a halt with an economy-killing cap-and-trade law, for now the White House will have to do with its symbolic solar panels.
As harmless as this symbolism may seem to some, it amounts to a substitute for a real energy policy.
As the president installs his solar panels at taxpayer expense, he isn’t doing what he could be doing: making a practical case for energy security, something that could come from development of domestic shale, offshore oil, natural gas, coal and other resources that the environmental lobby has put off-limits over the years.
The symbolic act also amounts to a planted flag for the radical green agenda instead of an energy agenda that serves the people.
To the White House, money is limitless and green technology every inch the equal to more efficient oil. In the real world, the viability of energy is determined by its cost and availability.
People won’t install solar panels just because the White House has them. They will do so if panels make the best business sense.
Unfortunately, this White House doesn’t require that.(IBD)
Because no one in this White House has any actual business experience. They are talking out of their Liberal Elitist Academic asses.
And we are the ones getting the fecal results.

Thursday, September 9, 2010

Cynical Ploy

Political Cartoon by Eric Allie
Stimulus: President Obama’s new plan to cut taxes on all but those most likely to create jobs is little more than an exercise in class warfare to divide Americans and win votes — not to get the economy growing again.
Much was made of Obama’s “compromise” on taxes, including his plan to keep lower rates on the 98% of Americans who earn less than $250,000, and spend $180 billion or more to cut some business taxes and invest in more infrastructure repair.
The president’s supporters say this is a good plan — giving Republicans the tax cuts they want while letting average Americans keep their current tax rates. Only the “rich” get hit.
This plan is actually quite cynical, as even the New York Times tacitly admits, saying Obama “intends to cast the issue as a choice between supporting the middle class or giving breaks to the wealthy.” In short, it’s not really about jobs at all. It’s about politics.
Obama, though himself wealthy, seems to truly hate the private-sector rich — believing the neo-Marxist pap that as a “class” they create nothing, but rather exploit the rest of us.
When he told Joe the Plumber during the 2008 campaign that he wanted to “spread the wealth,” he was at least telling the truth.
In fact, the wealthy are the nation’s creators, innovators and job makers. The small businesses they run account for more than four of every five new jobs. Obama’s tax hikes target them — and you.
As economists Kevin Hassett and Alan Viard recently noted, “Fully 48% of the net income of sole proprietorships, partnerships and S corporations reported on tax returns went to households with incomes above $200,000 in 2007.”
A recent National Federation of Independent Business survey found that 50% of the small-business owners who employ 20 to 249 workers fall in the top two income brackets. They’re the “rich.”
So half of all small-business profits — maybe more — will be hit by Obama’s tax hikes. And guess what? They’ll respond predictably by not expanding their businesses or doing more hiring. If Obama’s plan is passed, expect no meaningful job growth for years.
For two years, we’ve heard repeated verbal assaults leveled at successful people to make the rest of us resent their success — like the canard that the rich don’t pay their “fair share” of taxes.
Well, as the National Taxpayers Union recently reported, the richest 1% of Americans earn 23% of all income and pay almost twice that — 40% — toward income taxes. Meantime, the bottom 50% take home 12% of the income and pay only 2.9% of the taxes.

Fair? Since 2002, the year before President Bush’s 2003 across-the-board tax cut went into effect, the share of taxes paid by the wealthy has risen every year. As for Democrats’ claim that the tax cuts “benefited only the wealthy,” 7 million new U.S. jobs were created from 2003 to 2008. How’s that stack up to Obama’s record of 4 million lost and counting?
Instead of emulating past success, Obama continues to push policies that scapegoat the rich while using “stimulus” spending to enlarge government, enrich unions and subsidize favored industries.
To their credit, Republicans have countered with a far better plan — one that freezes tax rates at the Bush levels and rolls back spending to the pre-stimulus levels of 2008. This would have a truly stimulative effect on the economy. It would be even better if the tax changes were made permanent and future spending were cut.
Until something is done to convince businesses that Washington is capable of fiscal sanity, few companies will willingly commit huge amounts of capital to new investments and jobs.
Like the rest of us, they want tax and regulatory relief, entitlement reform and smaller government. Until they get it, they’ll sit on the sidelines waiting for the craziness to end.
As the New York Times last weekend described the new Democratic “firewall” approach, “A national campaign trumpeting Democratic accomplishments on health care, education and Wall Street regulation has given way to a race-by-race defensive strategy.”
Joe Sixpack’s inevitable reaction to such a change in tack is simple: If ObamaCare, more money for teachers unions and preserving too-big-to-fail on Wall Street are so great, why not run on these things?
Instead, the party whose theme song used to be “Happy Days Are Here Again” is battening down the hatches.
“Small businesses drive economic growth, not government,” he added, “but ObamaCare and a slew of upcoming tax hikes are going to make it harder for our district’s small businesses to stay afloat.”
The hyperspending that was supposed to provide jobs has failed — yet those in power plan more of it.

But don’t worry, Obama’s new stimulus-that-isn’t-a-stimulus will solve everything.
After all, Obama was on the TV yesterday touting that “3 Million people had jobs” because of him.
Isn’t he amazing! :(
The fact that they are union and government union apparatchiks kind of got lost in the ra-ra speech. :)
That and the millions of people who have lost their jobs SINCE he came to power. They don’t matter.

Obama characterized Republicans as pandering to corporations, millionaires, special interests, and credit card and insurance companies. He asserted they did “not having a plan to govern” and praised the values that “we Democrats believe in.”
The president recalled the principles upon which America was founded — “values of self-reliance and individual responsibility” and “a country that rewards hard work. A country built upon the promise of opportunity and upward mobility” — and contrasted them with his characterization of the Republican attitude in Washington. “They’re asking us to settle for a status quo of stagnant growth, eroding competitiveness, and a shrinking middle class.”
Said Obama, “This country is greater than the sum of its parts — America is not about the ambitions of any one individual, but the aspirations of an entire people and an entire nation.”(Politics Daily)

<>

We also hoped for a chance to get beyond some of the old political divides -– between Democrats and Republicans, red states and blue states -– that had prevented us from making progress. Because although we are proud to be Democrats, we are prouder to be Americans -– (applause) — and we believed then and we believe now that no single party has a monopoly on wisdom.

We’re just way smarter than you and if we just explain why 2000+ page government takeover bills that we never even read are great then you’ll just love us!

“I ran because I had a different idea about how America was built.”
“Yes, our families believed in the American values of self-reliance and individual responsibility, and they instilled those values in their children. But they also believed in a country that rewards responsibility; a country that rewards hard work; a country built on the promise of opportunity and upward mobility.”

(just don't be too mobile or you'll be an evil "rich" person)

It’s amazing he can say this with a straight face. But then again, he is so much better than you.
It was an America where you didn’t buy things you couldn’t afford (They just expect government handouts to do it for them because they are entitled); where we didn’t just think about today -– we thought about tomorrow. An America that took pride in the goods that we made, not just the things we consumed. An America where a rising tide really did lift all boats, from the company CEO to the guy on the assembly line.
That’s the America I believe in.
<<>>

He’s other deeply, deeply cynical and manipulative and/or delusional and  just thinks his soaring charms and rhetoric will override the reality of what he and democrats have actually been doing.
What matters is scoring cheap,soaringly cynical, disingenuous, arrogant and deeply divisive political rhetoric that sounds good and makes you feel good.
I just feel sick. :(

Monday, September 6, 2010

Insanity

Political Cartoon by Michael Ramirez
The definition of insanity is doing the same things the same way over and over again, expecting a different outcome.
From BarackObama.com (2009):


  • Get the economy back on track:

    President Obama signed legislation to jumpstart our economy, the American Recovery and Reinvestment Act, less than a month after his inauguration. The plan will save or create 3.5 million new jobs, make critical investments in our infrastructure and give 95 percent of working Americans a tax cut.
Barack Sept 2010:
WASHINGTON (AP) – Vowing to find new ways to stimulate the sputtering economy, President Barack Obama will call for long-term investments in the nation’s roads, railways and runways that would cost at least $50 billion.
The infrastructure investments are one part of a package of targeted proposals the White House is expected to announce in hopes of jump-starting the economy ahead of the November election. Obama will outline the infrastructure proposal Monday at a Labor Day event in Milwaukee.
While the proposal calls for investments over six years, the White House said spending would be front-loaded with an initial $50 billion to help create jobs in the near future.
The goals of the infrastructure plan include: rebuilding 150,000 miles of roads; constructing and maintaining 4,000 miles of railways, enough to go coast-to-coast; and rehabilitating or reconstructing 150 miles of airport runways, while also installing a new air navigation system designed to reduce travel times and delays.
Obama will also call for the creation of a permanent infrastructure bank that would focus on funding national and regional infrastructure projects.
Correct me if I’m wrong, but doesn’t this new “stimulus” that can’t be called “stimulus” sound amazingly similar to the one that has already failed miserably?
Officials said this infrastructure package differs from the stimulus because it’s aimed at long-term growth, while still focusing on creating jobs in the short-term.
Wary of the public’s concern over rising deficits, the administration insists a second stimulus plan, similar to last year’s $814 billion bill, is not in the works.
It just sounds like it. :)

But if we change the name in a very Orwellian fashion this failed duck is not a duck so this stimulus is not a stimulus. :)
And a permanent Bank of The United States to boot. A new cash cow. After all, who could be against an “infrastructure” bank?
Me. :)
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LET THEM EAT CREDIT!
It’s interesting why behavior that we readily recognize, on an individual level, as undesirable, we routinely promote and accept as government and social policy.
What rational person would suggest that being detached from reality is a good thing?
Or what rational person does not want good information when making important decisions?
But increasingly we live in an environment, created by government driven policies, in which the picture of reality we have is false, and the information available to us for making routine decisions is distorted.
University of Chicago economist Raghuram Rajan demonstrates this problem in what he calls “let them eat credit.”
According to Rajan, we have a big problem at the lower end of our income spectrum. Low end incomes not only are languishing, but adjusted for inflation, are dropping. From 2002 to 2008, real wages for the top ten percent of earners increased, but for everyone else they dropped.
What to do?
Rajan points out that the real culprit is education. As the economy gets increasingly sophisticated, the penalty for lack of education gets greater. But we’re failing to deliver this needed education to lower income Americans.
Core to the problem, Rajan argues, is that politicians are more interested in being popular than solving problems. They’d rather offer free money in the form of subsidies and easy credit to low wage earners than take on real problems.
Programs like subsidized mortgages, which contributed much to the housing bubble, make life look artificially cheap and reduce the sense of immediacy regarding the need to get educated.
The rate of U.S. home ownership increased from 1995 to 2005 from 65% to 69%. Over the same period of time home prices doubled, before everything fell apart.
As reported by Peter Wallison of the American Enterprise Institute, in 1992 government backed lending enterprises, Fannie Mae and Freddie Mac, were directed to “promote affordable housing” and to do this by enabling down payments of less than 5% and approving credit for borrowers with shaky credit history.
Through the 1990s and 2000s HUD continued to push Fannie and Freddie to relax standards, requiring them, according to Wallison, “to buy increasing numbers of subprime and other risky mortgages.”
The faulty assumption behind all this, which we’ve learned the hard way, is that politicians think they can use taxpayers and the money printing press as a bottomless pit of funds to promote government schemes.
Many low income families, bought homes they couldn’t afford. Not just because of lying mortgage brokers, but because the whole artificial reality that distorted prices and credit was created by government policy. (Now the Government owns 80% of Fannie & Freddie and around 70-80% of all mortgages are written under Fannie and Freddie  so has anything been learned or are we just insane?)
It’s hard to find a place to turn where we don’t deal with a reality distorted by government.
We’re all concerned about runaway costs of health care and health insurance. What’s behind it?
In 1960, 50% of our health expenditures were out of pocket and 50% were OPM (Other People’s Money – Insurance, Employers, Government).
Today, 12% of our health care expenditures are out of pocket and 88% are Other People’s Money.
So what was the solution: National Health Care! Health Care run by the Government! :(
According to Harvard economist Robert Barro, the current persistent high unemployment rate, helping drag out this recession, is traceable to the unprecedented extension of unemployment benefits from the normal 26 weeks to almost two years. The argument that we are currently in unchartered territory and must do the unusual is not true.
Barro points out that unemployment in the 1982 recession reached 10.8% – higher than today.
The perhaps not so funny joke that neurotics build castles in the air and psychotics move into them is worth thinking about.
The ability to succeed is predicated on both freedom and having good information on which to make decisions.
As we distort, through government policies, reality around us, and citizens increasingly get bad information for matters about which they have important decisions to make, we’re not going to recover. (Star Parker)
Political Cartoon by Eric Allie
I think one could argue, successfully, that Government, especially this one, is not interested in recovery- not really.
Because recovery mean less people dependent on them.
Sure they want to appear to give a crap because appearing not to or looking like you’re failing is also not desired.
So you have to look and sound like you’re succeeding and give every that false sense of reality that works for you.
Reality is an overrated and under-appreciated, well, reality. :)
One Question: Hows that “War on Poverty” that was started over 40 years ago going exactly? Won yet? :)

Sunday, September 5, 2010

The Peasants are Revolting!

| Speaker Nancy Pelosi 2/4/09: “Every month that we do not have an economic recovery package 500 million Americans lose their jobs.”
9/3/10: Obama said a recovery is taking place, but not at the speed he’d hope. “That’s why we need to take further steps to create jobs and keep the economy growing, including extending tax cuts for the middle class and investing in the areas of our economy where the potential for job growth is greatest,” Obama said Friday. “In the weeks ahead, I’ll be discussing some of these ideas in more detail.”
Doesn’t the anticipation of more Keynesian economics just make you twitch with excitement? :(


This is not “better than expected”; it’s worse than expected. This can be gauged not by market expectations for modest job creation, but by long-term experience watching how jobs are created in a normal recovery. By that gauge, we’re in the worst jobs slump since World War II.
Even the normally bland Surveys of Consumers, put out by Thomson Reuters and the University of Michigan, warned Friday that “the probability of a double dip (recession) is high enough for everyone to include such an event in their contingency plans.”
Job data can be misleading. Gallup’s biweekly measure of “underemployment” — the share of workers who are either unemployed or working part-time but want to work full-time — stood at 18.6% in late August, the highest level since June.
“Worse yet,” said Gallup, “(our) job data show that 28% of Americans 18 to 29, 24% of those with no college education, and 22% of women, were underemployed in August.”
For those who have no job but want one, it may be a long wait.
In 2009, President Obama vowed to create 3.5 million jobs, lifting the total by the end of this year to 137.8 million. The actual number as of August was 130.3 million — leaving, as Heritage Foundation economist J.D. Foster puts it, a “jobs deficit” of 7.5 million.
Put differently, at August’s pace of private-sector job creation — 68,000 a month — it would take more than nine years for Obama to reach his goal. And that assumes that there’s no growth in the work force at all.
If it wasn’t clear to everyone by now, it should be: All the actions this government has taken — the $700 billion TARP program, the $862 billion “stimulus,” the health care takeover, financial reform — haven’t “saved or created” 3.8 million jobs, as claimed. Instead, they’ve destroyed millions of jobs — and with them, the hopes and dreams of those who’ve lost the jobs.
But the administration remains clueless, hinting that it may seek another “stimulus” costing billions. This bunch is either willfully doing damage to the U.S. economy, or completely incompetent.
On Friday, the president actually patted himself on the back, saying the employment report was “positive news” that “reflects the steps we’ve already taken to break the back of this recession.”
If there’s one thing that marks this administration as different from others, it’s the steadfast refusal to remove its ideological blinders and learn from its mistakes.
The Democrats’ politicized housing and mortgage policies pushed our economy into its worst downturn since the Great Depression. So, of course, it’s a perfect time for the biggest tax increase in history.
Why is the economy still paralyzed after the president’s much-touted “Recovery Summer”? It may be that private investment, too, has been immobilized.
With unemployment now up to 9.6%, Americans fear that the economy won’t get moving again anytime soon. As a new report from Americans for Tax Reform shows, that fear is completely rational. The report outlines the impact of the largest-ever tax hike that’s coming in just 120 days as the Bush tax cuts expire.
On New Year’s Day, “The top income tax rate will rise from 35% to 39.6% (this is also the rate at which two-thirds of small business profits are taxed). The lowest rate will rise from 10% to 15%. All the rates in between will also rise. Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates.”
Of crucial importance to entrepreneurship and job creation, the top capital gains tax rate rises from 15% to 20% next year, while the top rate for taxation of dividends rises from 15% to 39.6%.
And, “These rates will rise another 3.8% in 2013,” ATR points out.
Then there are the 20 new or increased taxes dictated by the ObamaCare government takeover of the health care system. All told, Americans’ taxes will go up by $3.1 trillion, as Heartland Institute economist John Nothdurft noted in IBD last week.
With all that on the horizon for an already-crippled U.S. economy, the Obama administration has saturated the Internet with WhiteHouse.gov propaganda — like an interactive map in which you can “Roll over states to learn how many estimated jobs have been created and saved due to Recovery Act funding.”
Maybe playing with that map of fictional jobs on their computer can give unemployed breadwinners something to do.
The U.S. Chamber of Commerce in July sent an open letter to the president, Congress and the American people, warning: “Through their legislative and regulatory proposals — some passed, some pending, and others simply talked about — the congressional majority and the administration have injected tremendous uncertainty into economic decision making and business planning.”
“This is why banks are reluctant to lend and why American corporations are sitting on well over a trillion dollars,” the Chamber wrote. “It is why America’s small businesses and entrepreneurs, the engines of innovation and job creation, are starving for capital and are either struggling to survive or unable to expand.”
Amid all this, the president is reportedly mulling “emergency” infrastructure spending — another stimulus to throw tens of billions more in good taxpayer money after bad. (IBD)


Though the Democrats won’t call it a “stimulus” anymore. That word is persona non-grata. It’s now a “jobs bill” And how could you be against that? :)
But in reality, the Democrats are going into a siege mentality. The villagers are coming for them with pitchforks so they are shoring up their defenses.
It’s not like they can admit to being wrong. After all, they are the morally and intellectually superior Masters of all that they survey.

Eugene Robinson, Mega-Lefist: According to polls, Americans are in a mood to hold their breath until they turn blue. Voters appear to be so fed up with the Democrats that they’re ready to toss them out in favor of the Republicans — for whom, according to those same polls (by Liberals no doubt) , the nation has even greater contempt. This isn’t an “electoral wave,” it’s a temper tantrum.
Maybe the american people just need a time out in the corner to think about how badly they have been treating their Intellectual Superiors. :)
But at this point, it’s impossible to ignore the obvious: The American people are acting like a bunch of spoiled brats. (IBD)


It’s just a bunch of ignorant peasants wanting to storm the gates of their castle, after all.
To hold the line against Republicans, the House speaker, Nancy Pelosi, issued an urgent plea for members in safe districts to help their endangered colleagues by contributing money. She called out to Democrats who were delinquent on paying their party dues and instructed members with no re-election worries to tap into a combined $218 million from their campaign accounts to help save their majority.
“We need to know your commitment,” Pelosi wrote to lawmakers last week in a private letter, demanding that they call her within 72 hours to explain how they plan to help.
She added, “The day after the election, we do not want to have any regrets.”
They are circling the wagons. The hostile natives are after them and they have fight them off.
They have the liberal media to use as their ammunition.
So expect an all out nuclear war.

The following headline appeared at Time.com shortly after the release of Friday’s jobs report:
What’s Good About Rising Unemployment
What should jump out at the eagle-eyed reader is that headline didn’t end with a question mark.
Time senior writer Stephen Gandel was actually making the case that the rising unemployment rate was good news.
He also argues a fallacy: What economists know very well, but most of the rest of us do not is that the unemployment rate never hits 0%. It never even gets close.
So why are you worried now?  It’s not like we can solve the problem, so just be patient, you’re an ignoramus for being so short-sighted. :)
Watch just how far a liberal media member is willing to go today to make economic data look favorable for the Party currently in power, and imagine the unlikelihood of such a thing happening if a Republican was in the White House.(Newbusters)

You mean like, the uptick in unemployment is good because more people are LOOKING for work instead of sitting on their asses waiting for their Mama Government to take care of them?

Orwell would be proud of you my sons.
Not that they will find them. That doesn’t really matter in the end. Just the perception.
The Hope.
And Change. :)
And it won’t stop there. Many Democrats are running as “moderates” and “against Washington” and all I have to say to that is, stay tuned to see if voters remember and apply this old adage come Election Day: “Fool me once, shame on you; fool me twice, shame on me.”
So don’t be fooled.
And if the Republicans don’t get it, the same applies.
Period.
 
Cynthia Tucker (AJC): Our long, hot summer needed another ingredient to induce a fever-like madness in the national psyche: demographic change. Over the last year and a half, many Americans have begun to see a deeper message in President Obama’s inauguration — the end of the white majority. For some,  especially those who are middle-aged and older, it’s a jarring and unwelcome message.
Then she goes on to say she’s not calling you a racist…sort of. :)
While some prognosticators were naïve enough to believe that Obama’s election signaled the beginning of a post-racial era, it prompted something altogether different: a backlash against the browning of America. The winds of resentment would have blown in even if the economy were booming, but an anemic recovery provided the perfect fuel for a summer of discontent.
Timing is everything. Just as many Americans came to understand that the nation they knew was undergoing a dramatic demographic change, the economy collapsed. Unable to account for the disappearance of jobs and financial security, they linked those developments as cause and effect. The backlash is now at gale force.
So we’ve seen a summer of fury over illegal immigration, despite the fact that illegal border-crossings have plunged in the last two or three years, according to a new study by the Pew Hispanic Center. Islamophobia spiked as conservatives made a case against a proposed Islamic center two blocks from Ground Zero, claiming that it would represent a victory for jihadists. It didn’t seem to matter that the imam proposing the center has publicly denounced jihadists.
Just not terrorists, Iran, or Sharia Law. Nothing too big to fail. :)
So in the coming months as the Democrats turn up the spin to the point where the Earth should stop rotating because it, just keep it in mind this science fact:

If you raise the middle while trying to crush the top you squash the middle. :)

Friday, August 20, 2010

The Ditch


Congressional Budget Office (CBO), in its mid-year budget update, has projected that the 2010 budget deficit will be the second highest on record since the end of World War II, eclipsed only by the deficit of 2009.
The CBO says that the total 2010 deficit will reach $1.3 trillion, down slightly from 2009’s $1.4 trillion record. All told, CBO projects that the government will run up a total of $6.2 trillion in new deficits between 2011 and 2020.
Making it over $20 Trillion, double what it was in 2007 and 4 times what it was 20 years prior! a 400% rise in a generation!
But don’t worry it’s all George W Bush and The Republicans Fault! 

During his speech, the president likened Republicans to the “folks who drove the car into the ditch.”
“And so we decided, you know what, we’re going to do the responsible thing,” he said. “We put on our boots, we got into the mud, we got into the ditch. We pushed, we shoved, we’re sweating. They’re standing on the sidelines sipping a Slurpee, sort of watching us, saying, ‘Well, you’re not pushing hard enough,’ or ‘Your shoulder is not positioned the right way,’ giving us a whole bunch of advice on how to push — not lifting a finger to help.
“And finally we get this car up back on the road again, and finally we’re ready to move forward again,” Obama said. “And these guys turn around and say, ‘Give us the keys.’ Well, no, you can’t have the keys back — you don’t know how to drive.”–President Obama

So, children, you can’t hand the keys back to those morons. You have to trust me, I know what I’m doing.
And I’m so much smarter, and so much better than you!
Yeah, the car is back on the road alright, it has a whole in the gas tank, the fuel system is running rich, the steering wheel veers violently to the Left, the muffler has a hole in it and is dragging on the ground. The windows are broken, the transmission needs an overhaul,  and the tires are bald.
But it runs. And you should have more respect and reverence for your Elite Superiors, you ungrateful louts!
And it’s all George W Bush’s Fault after all!
Relative to the size of the economy, the 2010 deficit will reach 9.1 percent of the Gross Domestic Product, according to the CBO’s projection. The deficit in 2009 was 9.9 percent of GDP.
“As was the case last year, this year’s deficit is attributable in large part to a combination of weak revenues and elevated spending, associated with the economic downturn and the policies implemented in response to it,” the CBO explained.
The current economic downturn is expected to last for several more years, the non-partisan office said, predicting that unemployment will not fall to around a healthy 5 percent until at least 2014.
Oh goody, just in time for the Health Care Mandate and the other taxes to start kicking in!!!
Rejoice!! :)
After a year and half of “stimulus” and bailouts gone bad, what has the shift towards higher government spending and an encroaching nanny state cost you? This year, it has cost you 231 days out of your life, or 63 percent of 2010.
Every year, the Americans for Tax Reform Foundation and its Center for Fiscal Accountability calculate the day on which the average American has paid off his burden of federal, state and local spending and regulations. This year that day falls on August 19, a full eight days later than last year’s date.
That was yesterday folks! Rejoice!
Federal spending, always the largest contributor to the Cost of Government Day, cost taxpayers 104 days this year. This is up from 90 days in 2008, when Cost of Government Day fell on July 16. This is to say that the ill-conceived spending policies of the past two years have cost taxpayers over a month of their lives, and show few signs of abating.
President Obama has proposed spending $3.8 trillion in 2011, a 40 percent increase from pre-bailout, pre-“stimulus” levels. (Daily Caller)
And they want to raise taxes in a recession…sorry “Summer of Recovery”.  Hope 2.0…Recovery from what? a Marxist drunken stupor?
Does it kind of remind you of Hollywood rehab, where they go and attend a rehab then come out and do it all over again and go back to rehab and then come and do it again, ad nauseum…?
But don’t worry, if you’re mad about it,remember  it’s all George W. Bush’s Fault you islamophobic,racist,insensitive, ignorant low country moron!
Listen to your Masters, the Insufferably Superior Left.
They are just better, smarter, more tolerant, and sensitive than you could ever be.
And that’s just the facts, ma’am.

Monday, August 9, 2010

The Ship is Sinking! Save the Apparatchiks!

Americans should all print this out and carry it everywhere . . .

***********************************************
Council of Economic Advisers chairwoman Christina Romer is best known for drafting the February 2009 report “The Job Impact of the American Recovery and Reinvestment Plan,” which the White House used as an ammunition belt in the fight to gain passage of its $862 billion economic stimulus bill (the actual cost of which exceeds $1 trillion when interest is included). Romer predicted that following passage of the stimulus bill, unemployment would plateau below 8 percent last fall and by this month register at 7 percent. That’s not close enough for government work, as unemployment stands at 9.5 percent today. It would be higher except that hundreds of thousands of frustrated job seekers have given up looking for new jobs and dropped out of the labor force.
Predictably, the stimulus bill has proven to be an extraordinary waste of borrowed money that has failed to create jobs, generate economic growth or do much of anything other than line the pockets of White House political allies. That and give $308 million in subsidies to BP before the Gulf oil spill disaster, and subsidize a study on what happens when monkeys snort coke.
Obama is adding to the economic misery by creating an environment of regulatory uncertainty. The Wall Street reform law Obama recently signed potentially requires 533 new regulations, 60 studies and 93 reports, according to the U.S. Chamber of Commerce. Obama’s Environmental Protection Agency has 29 active rulemakings, and there are 100 new rules on the Labor Department’s agenda and 26 at the Transportation Department.
Add Obama’s determination to raise everybody’s taxes by allowing the Bush cuts from 2001 and 2003 to expire Jan. 1, 2011, and it’s easy to why banks, businesses and consumers are hoarding trillions of dollars that could otherwise spur economic growth. And we haven’t even addressed the destructive effect on economic growth of Obama’s nationalization of major portions of the economy, including the banks, health care and the auto industry.
The economy is stalling, unemployment seems stuck at European levels of idleness, the federal deficit and the national debt are at historic highs, public confidence in Congress is at its lowest-ever level and big majorities of Mainstream Americans say Obama has the country on the wrong path. Obamanomics has failed miserably and it’s time for everybody in this town to admit it so we can move on.

But The Democrats and Liberals can’t and won’t do that. They can’t politically admit the stuff they have waited generations to cram down everyone’s throat is total crap on a stick!
“Recovery summer”? Time for another sobriquet.
So the little buggers went off on their 6 week holiday, BUT, nope they were ordered back by the likes of Speaker Pelosi
because they needed to pass a $26 Billion spending bill to give more money to public sector employees!
More money for their Peeps. The apparatchiks need more money!

On Friday, after release of the jobs report, Labor Secretary Hilda Solis touted the economy’s “turnaround” and credited “strong and immediate action” President Obama took after entering office. The only real problem, she hinted, was Republicans who refuse to support a $26 billion bailout for state and local governments and their pampered unions.
“There is no room for partisan roadblocks when Americans are depending on their government’s action and the stakes are so high,” Solis said. In this White House, economic recovery is always just one massive stimulus or bailout bill away. (IBD)
This would be the Hilda Solis who earlier this year created a PSA advising Illegal aliens to call her if their mean, capitalist boss was exploiting them so she could crack down on their boss!


And naturally, voting against it, is hurting children! :)
WASHINGTON — House members are giving up a couple of days reconnecting with folks in their districts this week to pass a jobs bill that Democrats say is crucial to the nation’s well-being.
The unusual in-and-out session was called because the Senate waited until last Thursday, after the House had already recessed for its summer break, to pass a $26 billion bill to prevent tens of thousands of teachers and an equal number of other state and local government workers from being laid off before the November election.
Oh no!  Not that! We can’t have public sector employees (unemployment rate 3%) hurt before the election while the little people have 9.5% (officially) closer to 18% in reality (with those who have given up) are in actual need but not politically necessary enough to care about.
“This legislation is about creating and saving American jobs, and preventing a double-dip recession,” House Speaker Nancy Pelosi said in announcing the special session just hours after the Senate passed the bill that the administration says could save the jobs of nearly 300,000 teachers and other public workers.
“It’s not a gamble,” he said, but “it would be gambling our childrens’ education to have them go back to school and find no teacher in the classroom or a larger class size.”-Rep. Chris Van Hollen, D-Md.
It’s all for the children…:)
Well, you’ve heard it hear first. Everything is now perfect and we’ll all be better off and the recession is officially been sorted by saving 300,000 public sector employees!!
Democrats should be staying home and listening to their constituents “instead of scampering back to Washington to push through more special interest bailouts and job-killing tax hikes,” said House GOP leader John Boehner of Ohio.
Republicans portrayed the special session as the Democrats’ pre-election gift to their labor union allies and objected to provisions to raise taxes on some U.S.-based multinational companies as a way to partially cover the $26 billion cost of the bill.
So raising taxes on evil capitalists to “save” some jobs will save us all.
Utopia is upon us all  :)
REJOICE!
Bask in the splendor and the wonder that is Obamanomics!

Here’s the real record: America has lost 4.1 million jobs since Obama took office and 7.7 million since the recession began in December 2007. So most of the jobs lost have been under this administration. Whatever else you might call Obamanomics, “successful” isn’t it.
You’d never know that Democrats controlled Congress for Bush’s last two years, or that policies they enacted during their many decades in power — in particular, using Fannie Mae and Freddie Mac to issue trillions of dollars of mortgages to unqualified borrowers — are the root cause of our crisis.
As with most progressives, they believe bigger government is always the solution to our problems…(IBD)
So the Democrats stategy to stave off a political bloodbath is to SPEND EVEN MORE and then Blame Bush for it!
Haven’t we seen re-run before? :(
Following release of Friday’s government report on unemployment and job creation, consumer and investor confidence has fallen to the lowest level of 2010. Just 21% of Adults nationwide now believe the economy is getting better. That’s down from 30% on Friday morning. The number who believe the economy is getting worse is now up to 54%.
The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, slipped on Monday to 69.7. That’s down nine points since release of Friday’s disappointing jobs report and the lowest level of confidence measured since December 2, 2009. Eight percent (8%) rate the economy as good or excellent while 55% say it’s in poor shape.
Looked at on a month-by-month basis, consumer confidence increased on four of the first five months in 2010 and held steady in the fifth. However, it has fallen in the past two months, June and July.
But don’t worry, everything will be a utopia when these 300,000 government union people are kept off the unemployment line!!

Everything will be great when your taxes go up!  (sorry, “pro-growth revenue”)
or was that the Health Care Mandate that wasn’t tax, it’s a penalty, that’s a tax because of the Commerce Clause.
The Border is more secure now than ever! :)
When Social Security is officially broke (and it is).
When Medicare Advantage is slashed and your Health Savings Account is gutted.
When Fannie Mae and Freddie Mac (left out of financial reform) are bailed out YET AGAIN!
When your bosses taxes and regulations go up!
When evil capitalist pigs are crushed under the boot of Big Brother!
When the government runs your Health Care.
When Illegal aliens are granted Amnesty (but we’ll come up with an Orwellian term for it, like “deferred action”).
Rejoice in the grandeur and splendor of Obama, Pelosi, Reid!
OR ELSE! :)

Monday, June 28, 2010

Can I have My "Hope and Change" back, Mr. President?

But first, see this video by Gov. Brewer on the Obama Administration response to her meeting with them:
http://www.youtube.com/watch?v=remz27VJjH4

President Obama at the G20, where the European Socialists told him to piss off about more spending.
President Obama on controlling the debt: “Somehow people say, why are you doing that, I’m not sure that’s good politics. I’m doing it because I said I was going to do it and I think it’s the right thing to do. People should learn that lesson about me because next year when I start presenting some very difficult choices to the country, I hope some of these folks who are hollering about deficits and debt step-up because I’m calling their bluff. We’ll see how much of that, how much of the political arguments that they’re making right now are real and how much of it was just politics.”
So Hope and Change is now Fear & Threat. :)
“Yes He Can”
But what’s really telling also is the statement that I’m doing it because I said I would. And he did say he would.
But the Mainstream Media/Ministry of Truth shouted down anyone who dared to challenge him on it in the campaign.
You were a “racist” a “moron”, an “idiot”, etc.
Now, he’s run up the debt to the point of countrywide bankruptcy and now just wait, in 6 months, the hard work begins!
OOOOOHHHH!!! Scary!
Likely by then he’ll have a Republican Congress that he claim it all on.
But that’s next year.
He still has to pass Cap & Trade and Amnesty if he can before that.
The government already owns Health Care, slowly but surely, that starts accelerating next year too.
As do all the new tax increase, which, what do you bet the Liberals and the Media will blame that on the Republicans.
I’m Mr. Tough Guy! :)


Alinsky Rules for Radicals Rule 4: Make opponents live up to their own book of rules. “You can kill them with this, for they can no more obey their own rules than the Christian church can live up to Christianity.”

He’s well aware of the political price and he wants the Republicans to take the blame for it.
And he wants your anger at the Democrats to make it so.
Perverse isn’t it?
Which means we do it in spades and then we pass the tax cuts, the pro-growth measures and it works and then He can try and run on it’s success in 2012 but the Democrats will be left out in the cold. It’s not like their leftist base will be smart enough to “get it”.
They’ve been waiting generations for this guy.

So he’s going to make “tough decisions” next year. What about the last 18th months?
He’s going to wait 2 years to make “tough decisions”??
I Guess 3 Stimulus, 18 months of Unemployment spending, Taking over GM,Chrysler,AIG,Banks, Health Care, and now Wall Street and Private Businesses was the easy part. :)
Making you pay for it, that’s the “tough decision”.
But since it’s likely to be a Republican Congress that will have to pull the trigger, it will be their fault.
It was their fault he had to everything he has done. So trying to undue it must therefore be their fault too!! :)
because if they were hard choices why doesn’t he make them now?
Oh, right this Congress wouldn’t dare.
Alinsky Rules for Radicals Rule 4: Make opponents live up to their own book of rules. “You can kill them with this, for they can no more obey their own rules than the Christian church can live up to Christianity.”
The Ministry of Truth will surely pound them them 24/7 so hard it will be the only thing they talk about for the next 2 years.
The 2012 campaign continues. (It never stopped).
But all those who want wanted “Hope & Change”, got “Despair and Socialist Change”.
Now you get “Fear and Change”.

Obama has proposed freezing spending on an array of domestic programs for the next three years and has named a special commission to recommend ways to curb spiraling debt and deficits. The panel is to report back by December 1. Obama will review the recommendations and decide how to go forward sometime early next year.
So when the “commission” recommends massive tax hikes and crushing regulations his hands will be clean and he’ll just do what they advised.
But it won’t come out until AFTER the election.
And this was the stated reason for the Democrats not passing a Budget.
“We’ve got to look at a tax system that is messy and unfair in a whole range of ways,” Obama said. (reuters)
Aka, screw the rich.
After all nearly 50% of the people don’t pay any taxes, so he has to hit the ones who do even harder.

“A strong and durable recovery also requires countries not having an undue advantage,” he said. “As I told (Chinese) President Hu Jintao yesterday, the United States welcomes China’s decision to allow its currency to appreciate in response to market forces. We will be watching very closely in the months ahead.”
Everyone is equal. None is better than anyone else.
Sound familiar?

Leaders of 20 major industrial and developing countries generally sided with cutting spending and raising taxes, despite warnings from President Barack Obama that too much austerity too quickly could choke off the global recovery.
“Serious challenges remain,” they cautioned in a closing statement. “While growth is returning, the recovery is uneven and fragile, unemployment in many countries remains at unacceptable levels, and the social impact of the crisis is still widely felt,” according to the document from the Group of 20 major industrial and developing nations.
Obama told a news conference he was satisfied with the outcome, saying he recognized that countries had to proceed at their own pace in either emphasizing growth or budget austerity.
“We can’t all rush to the exits at the same time,” Obama said after three days of economic summitry.
Boy, don’t you wish you could show him the exit sooner! :)