Welcome to The Future

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The Most Expensive Congress in History: The 111th Congress.

http://video.foxnews.com/v/4476944/111th-congress-most-expensive-in-history/?playlist_id=86858

When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007, she vowed there would be “no new deficit spending.” Since that day, the national debt has increased by $5 trillion, according to the U.S. Treasury Department.

“After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending,” Pelosi said in her speech from the speaker’s podium. “Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt.”

Pelosi has served as speaker in the 110th and 111th Congresses.

“Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt.”- Nancy Pelosi, 2007 inauguration speech.

At the close of business on Jan. 4, 2007, Pelosi’s first day as speaker, the national debt was $8,670,596,242,973.04 (8.67 trillion), according to the Bureau of the Public Debt, a division of the U.S. Treasury Department.  At the close of business on Oct. 22, it stood at $13,667,983,325,978.31 (13.67 trillion), an increase of 4,997,387,083,005.27 (or approximately $5 trillion). (CNS)

WHOOPS!

Some of the world’s strongest banks have profited from an emergency credit facility set up by the US Federal Reserve to shore up confidence in the global financial system, according to a Financial Times analysis of data released by the Fed.

More than half of lending under the Fed’s term auction facility – the largest of its crisis programmes – went to foreign banks. Details of the varied uses to which they put it may add to political criticism of the Fed.

The Taf was set up in December 2007 to provide one-month loans to creditworthy banks as markets dried up for lending longer than overnight. In August 2008, it began offering three-month loans as well.

Rabobank of the Netherlands and Toronto-Dominion of Canada, two of the only banks in the world with triple A credit ratings, used more than $20bn in cumulative Taf loans.

Ed Clark, TD chief executive, said that using Taf was logical even though his bank never had a liquidity problem. “That wasn’t how we made a lot of money. But you make a dollar here, you make a dollar there. What’s the spread you make on a billion dollars?” he said. (FT)

WHOOPS!

HAMTRAMCK, Mich. — Leaders of this city met for more than seven hours on a Saturday not long ago, searching for something to cut from a budget that has already been cut, over and over.

“We can make it until March 1 — maybe,” Mr. Cooper said of Hamtramck’s ability to pay its bills. Beyond that? The political leaders of this old working-class city almost surrounded by Detroit are pleading with the state to let them declare bankruptcy, a desperate move the state is not even willing to admit as an option under the current circumstances.

“The state is concerned that if they say yes to one, if that door is opened, they’ll have 30 more cities right behind us,” Mr. Cooper said, as flurries fell outside his City Hall window. “But anything else is just a stop gap. We’re going to continue to pursue bankruptcy until the door is shut, locked, barricaded, bolted.”

You mean the UAW is concerned. The UAW runs the State, or at least in Mafiaoso style they think they do. They have the politicians and media in their pockets and have for more than a generation.

They did when I was growing up in Michigan. Now with the Socialist Wheaties of the modern Liberals behind them I’m sure they are more Tony Soprano than Jimmy Hoffa.

And the last thing the UAW wants is to have their union busted by bankruptcies.

But the inevitable is coming. And THEY DON’T CARE!

Union pensions and benefits, not just the UAW, but Government Public Sector Unions also, and other private Unions have been sucking industry and the taxpayers dry for several generations but the cash cow is out of milk and endanger of dying altogether.

And you know what, THEY DON’T CARE!

Everyone must sacrifice for them. They are holy. They are sacrosanct.

They are untouchable.

So they believe. And since they have been buying Democrats for generations they will be the Pied Piper to all their slave rats.

Because THEY DON’T CARE.

And ultimately, that is the lesson of the last 3 years of Pelosi-Reid and Obama.

They said all the right things to get their hands on your throat and then they throttled you with debt to pass their 90 year old Socialist wet dreams and they are still at it and will be still at it with control of the Senate and the President.

THEY DON’T CARE.

They, and the Unions, are the ultimate in GREED and CORRUPTION.

Prichard, Ala., which stopped paying monthly checks to retired city workers when its pension fund ran out last year, is appealing a bankruptcy judge’s ruling that it did not qualify for Chapter 9 under Alabama law.

And they telegraphed it ahead of time, and no one cared.

A Liberals personal pursuit of everyone else’s money for their own benefit, economically or politically, is all they care about.

It’s all about THEM.

Screw you.

Now that’s your “kind”, “Compassionate” and “caring” Liberals who are always looking out for “the little guy”.

To crush them into slavery and steal everyone else’s wealth and power from themselves.

Officials in Detroit announced this year that they had for years overpaid Hamtramck in a revenue-sharing deal related to a General Motors plant that sits smack on the border of the two cities. The dispute is likely to be resolved, eventually, in court, but meanwhile, Detroit has stopped paying $2 million a year, and Hamtramck is watching a growing gap in its $18 million budget.

Could it be that these “overpayments” were ok until Detroit had to hide it’s own budget woes so they passed it on to another city?

Hmmm….

“Detroit is cutting police, lighting, road repairs and cleaning services affecting as much as 20% of the population,” the Guardian’s Elena Moya noted late Monday, writing about the 60 Minutes piece. “The city, which has been on the skids for almost two decades with the decline of the US auto industry, does not generate enough wealth to maintain services for its 900,000 inhabitants.”

BINGO!

City Manager Bill Cooper said the city of roughly 20,000 people is staring at a $3 million deficit.
California, which faces a $19 billion (some say as high as $26 Billion) budget deficit next year, has a credit rating approaching junk status. It now spends more money on public employee pensions than it does on the state university system, which had to increase its tuition by 32 percent.
“This is the state of affairs in Illinois. Is not pretty,” Illinois state Comptroller Dan Hynes told Kroft.  

Hynes is the state’s paymaster. He currently has about $5 billion in outstanding bills in his office and not enough money in the state’s coffers to pay them. He says they’re six months behind.

“The state’s a deadbeat,” Kroft remarked.  

“Yeah. I mean, the state of Illinois is known as a deadbeat state. This is a reputation that has taken us years to earn and we’ve reached, you know, the heights of, I think, becoming the worst in the country,” Hynes said. (CBS)

The home of our President, Done Proud. 🙂
Unions have a $3 Trillion Dollar appetite and it’s insatiable. And THEY DON’T CARE.
No one is talking about it now, but the big test will come this spring. That’s when $160 billion in federal stimulus money, that has helped states and local governments limp through the great recession, will run out.
You thought TARP was for the “economy”. No, it wasn’t.
It was for the state employee unions and foreign banks.
That’s running out.
Now the wheels of this Cadillac are about to go bald and flat.
Now this is driving a car into a ditch.
And I guarantee you, the Liberals and the Unions DON’T CARE!

Mr. Cooper, the city manager (of Hamtramck), says that everything else that could be cut already has been, while the city goes on spending 60 percent of its total general fund (of an $18 million dollar budget) to pay for its police and firefighting forces — 75 current police officers and firefighters and about 240 former workers and spouses now on pensions. Mr. Cooper said that an entry-level police officer costs the city about $75,000 a year in salary and benefits, and yet repeated efforts to renegotiate contracts have failed.

“They kind of have the Cadillac plan,” Mr. Cooper said, “and we’d kind of like the Chevy.”

Trust me, Unions of all types love Cadillacs.

Growing up in Flint,Mi the one-time home of 7 auto plants and an AC Delco Engine Plant. “Buick City” it was called (there was a billboard proclaiming this 10 miles south of town near Fenton off I-75).

It had a population of 250,000 when I was growing up. Last year it was 125,000 and everyone of those plants had closed years ago.

But growing up my friends and I always said that only 2 kinds of people drove Cadillacs, Pimps and Auto Workers. So no much difference there.

That was the 1970’s. In 40 years it hasn’t gotten any better.

(Found, Mr. Cooper says, posted on the wall of the firefighters’ barracks was his name — crossed out — on a list of former city managers and the word “Next?”)

So let the extortion begin. It’s the only tactic Unions use. Economic and political hardball extortion.

After all, dozens of Unions have been exempted from ObamaCare and their “Cadillac” Health Plans are exempt until 2018.

So it’s not like they care or anything.

“I’m not going to wait for two hours for a cop to show up,” said Shannon Lowell, the co-owner of a coffee shop. “We’ve trimmed every bit of fat. What else are we going to do? Borrow money from our dying grandmother?” (NYT)

Yep. That would also be the grandma who the government is going to pull the plug on because she’s a burden to society according to Medicare and Medicaid Director Dr. Donald Berwick.

Welcome to the Future.

“If you want a vision of the future, imagine a boot stamping on a
human face – forever.”— George Orwell

Michael Ramirez Cartoon

Political Cartoon

Stop the Insanity!

Political CartoonObama said Congress had its “most productive post-election period” in decades. “And it comes on the heels of the most productive two years that we’ve had in generations.”

<<Industrial strength Super-Mega Sized Barf Bag!!!>>

Obama is correct though, the Republican rolled over more and played fetch in the Lame Duck session more than the last 2 years.

I guess Republicans should never go Duck hunting because they are completely useless at it and like one of the old Daffy Duck cartoons the duck just takes the dog (or elephant) to the cleaners and just runs circles around him and laughs insanely.

Now:  President Barack Obama says the economy will be his “singular focus” over the next two years.(AP)

Jan 9, 2010:  The Labor Department’s report on December job losses “was a reminder that the road to recovery is never straight, and that we have to continue to work every single day to get our economy moving again,” Obama said. “For most Americans and for me, that means jobs.”

Then Chief of Staff and “Never Waste a Crisis” Rahm Emmanuel:  “If he didn’t address it like a laser, if he talked about jobs then, people would have said he wasn’t dealing with the problem at hand. You have to deal with all of it.” (FOX)

Jan 21, 2010:  President Obama already was planning to put a heavy focus on jobs and the economy in next week’s State of the Union address, but his top aides are signaling that pivot is going to be even sharper in the wake of the Democrats’ stunning election defeat in Massachusetts. (CNN)

Dec 4, 2009: Obama convenes a summit here on jobs, then flies Friday to Allentown, Pa., for the first in what will be periodic listening tours on the economy. The goal is to develop new spending and tax proposals to help many of the nation’s nearly 16 million unemployed people find work in 2010.

“Though the job losses we were experiencing earlier this year have slowed dramatically, we’re still not creating enough new jobs each month to make up for the ones we’re losing,” Obama said last week. “For families and communities across the country, this recession will not end until we completely turn that tide.”

July 29, 2008: Mr. Obama’s focus on jobs seemed intended to show his mastery of an issue of special concern to working-class voters, especially working-class whites in industrial swing states like Michigan, Ohio and Pennsylvania. During the Democratic primaries, those voters tended to support his main rival, Senator Hillary Rodham Clinton.

“The economic emergency is growing more severe,” Mr. Obama said just before the afternoon meeting began. “Jobs are down, wages are falling,” and “the financial markets threaten to be engaged in a protracted credit crunch with long-lasting ramifications.”

“I believe more action is going to be necessary,” he added, “so that entrepreneurship is encouraged, so that the market is thriving, so that hard work is rewarded.” (NYT)

I believe him. Don’t you? 😦

This will probably be gone from his mind on the plane to Hawaii. He has more important things to think about.

He still has to convince the new 112th Congress to pass the DREAM ACT & Cap & Trade after all. Leave no AGENDA item undeterred!

LET THE RATIONING BEGIN

The FDA has reversed its approval of a widely used cancer drug approved in Europe to treat breast cancer on the grounds it doesn’t provide a “sufficient” benefit. Let the terminally ill and their doctors decide.

One of the blessings of blocking the omnibus spending bill was that it included $1 billion for the implementation of ObamaCare.

Yet the first effects are still being felt, the latest being the Food and Drug Administration’s revoking of regulatory approval of Avastin to treat late-stage breast cancer.

The reason given by the FDA was that the drug does not provide “a sufficient benefit in slowing disease progression to outweigh the significant risk to patients.” What risk? These women are dying.

The drug buys them precious time, and the only risk they face is from an FDA saying “pull the plug.”

On the same day the FDA channeled Dr. Kevorkian, its European counterpart, the European Medicines Agency, issued a statement approving Avastin for metastatic breast cancer.

Benefits of the drug, it said, “continue to outweigh the risks, because the available data have overwhelmingly shown to prolong progression-free survival of breast cancer patients without a negative effect on the overall survival.”

So what say you, FDA? An agency overseeing the cost-conscious, government-run health care systems in the European Union says Avastin does provide sufficient benefit at little risk to the patient.

The annual cost, however, is a staggering $88,000 annually, and under ObamaCare cost trumps medical care. A prime decision is whether extending your life is worth the cost.

Consider that every year some 17,500 American women are prescribed Avastin by their practicing oncologists to treat their condition and prolong their life. Last October, the U.S. National Comprehensive Cancer Network, a group of 21 leading cancer centers that issues evidence-based medical guidelines, reaffirmed Avastin’s efficacy in certain cases.

Avastin, the marketing name for the drug bevacizumab, is the world’s best-selling cancer drug. Used primarily to treat colon cancer, it was first approved by the FDA in 2008 for treating breast cancer after it was found that by cutting the blood flow to tumors it slowed the progression of the disease. In some cases it has been shown to extend life as long as 20 months.

In a joint letter to the FDA and key lawmakers, two organizations — Susan G. Komen for the Cure and the Ovarian Cancer National Alliance— urge that Avastin continue to be approved for metastatic breast cancer patients and warn of the message this “decision sends about drug development for women with advanced breast cancer.”

Breast cancer is the second most common cause of cancer death among American women, with 40,000 fatalities last year. Komen says the decision to use Avastin should be made between a woman and her doctor after a thoughtful consideration of the benefits and risks. We agree.

Avastin is still available on an off-label basis since it is still approved for colon, lung, kidney and brain cancer. But insurers are reluctant to cover drugs that are not FDA-approved. Medicare never does and the Centers for Medicaid and Medicare Services are now headed by Dr. Donald Berwick, to whom we and others have referred as a one-man death panel.

“The decision is not whether or not we will ration care — the decision is whether we will ration with our eyes open,” Berwick has said. For some that will mean the eyes closing forever.

Berwick has also opined: “We can make a sensible social decision and say, ‘Well, at this point, to have access to a particular additional benefit (new drug or medical intervention) is so expensive that our taxpayers have better use for those funds.'”

Like what? Tattoo-removal programs or Formosan subterranean termite research? This is your government, and it’s here to help. (IBD)

Tiny Tim to Dr. Berwick, “God bless us, everyone.”

Oh sorry, that was too religious for the political correct anti-christian liberals out there that scream every time God is mentioned.

Good. 🙂

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Woo Hoo! Doughnuts…

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Woo-Hoo! The Democrats blinked. This time.

Half darn.

We get the pork laden Stimulus II, known as the “Tax Deal”. But we don’t get the 6,488 earmark pork laden Omnibus Bill.

So we get $1 trillion in spending instead of 2. Yipeee….

But I guess it’s a start.

But what is fun is the President went to mat for TAX “CUTS” for “The Rich”. How Bush of him. 🙂

And watching the Democrats rail against Deficit spending is a cynics wet dream of hilarity. Nothing on earth is this funny for a cynic like me.

And their sanctimony about the earmarks was just hilarious.

Obama is telling members of Congress that failure to pass the tax-cut legislation could result in the end of his presidency, Rep. Peter DeFazio (Ore.) said. (remember that from the health care cram down)

“The White House is putting on tremendous pressure, making phone calls, the president is making phone calls saying this is the end of his presidency if he doesn’t get this bad deal,” he told CNN’s Eliot Spitzer.

But the White House shot back late on Wednesday.

“The president hasn’t said anything remotely like that and has never spoken with Mr. DeFazio about the issue,” said White House spokesman Tommy Vietor.

Obama’s push shows that the president is going to the mat in order to push through Congress the compromise brokered with Republicans. (The Hill)

And the 111th Congress has the lowest approval rating since most of them were 60’s hippie radicals. Gallup reports it at 13%.

Even the super liberals over at CBS and The New York Times has it at 17%.

But it’s not like this Congress actually gave a crap about what anyone thought because the Agenda was The Agenda.

Political Cartoon

Don’t Ask Don’t Tell, DREAM Act, and START are much more important to Liberals. They are on The Agenda!

They just didn’t have the votes for the Omnibus Pork bill. Otherwise, Harry Reid was threatening to keep everyone through Christmas hostage until they passed their agenda (and still is because this was only 1 of the items).

“We have a constitutional duty to do congressionally directed spending and I don’t want to give up that responsibility,” Reid told reporters. “I can’t understand why some of our more conservative members here want to give up their power. I don’t understand that.”
So Harry believes that he has a Constitutional duty to pass Pork after Pork after Pork.
To bring home the Bacon.
It’s the Drug Dealer and Drug Addict in him rationalizing his Drug Use.
“But it was only a small amount”… “It’s no big deal”…
These guys needs a 1-step program: Just Say No!
They’ll have delirium tremens that will shake the earth out of orbit. But it would be worth it if we could pull it off.
But We the People who have been hooked on thi money by the Pusher Addicts in Washington also have to stop.
DT Symptoms may get worse rapidly, and can include:

* Body tremors
* Mental status changes
o Agitation, irritability
o Confusion, disorientation
o Decreased attention span
o Decreased mental status
+ Deep sleep that persists for a day or longer
+ Stupor, sleepiness, lethargy
+ Usually occurs after acute symptoms
o Delirium (severe, acute loss of mental functions)
o Excitement
o Fear
o Hallucinations (such as seeing or feeling things that are not present are most common)
o Highly sensitive to light, sound, touch
o Increased activity
o Mood changes rapidly
o Restlessness, excitement

Sounds like the Democrats. Anyone for  rehab? 🙂

Jim Manley, spokesman for Senate Majority Leader Harry Reid, agreed, though with a far less triumphant tone.

“Today’s maneuvers demonstrate that the House and Senate Republican leadership from here on out should be considered a wholly owned subsidiary of the Tea Party,” Manley said.

What’s wrong with that? The People are the Tea Party.

It’s better than the Democrats who are a wholly owned subsidiary of The Marxist Left.

Michelle Malkin: No matter how soothing the White House overtures to business leaders sounded this week, an inconvenient fact remains: Washington is gripped by crab-in-the-bucket syndrome. And there’s no cure in sight.

Put a single crab in an uncovered bucket, and it will find a way to climb up and out on its own. Put a dozen crabs in a bucket, and 11 will fight with all their might to pull down the striver who attempts escape. President Obama sought to reassure 20 CEOs that he wasn’t the king crab holding them down: “I want to dispel any notion we want to inhibit your success,” he cooed. “We want to be boosters because when you do well, America does well.”

Take it all with a huge grain of sea salt.

This is, after all, the same “booster” who in April mused openly about limits on profits, government determinations for what constitutes a “good” product or service, and the expectation that private businesses serve a collective need to goose Washington’s jobs numbers. “I mean, I do think at a certain point you’ve made enough money,” the president said. “But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.”

Our Founding Fathers had quite a different view of “the American way,” of course. In 1816, Thomas Jefferson wrote: “To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it.”

But like a success inhibitor injected into the body politic, Obama’s policies have only served to suppress growth, punish ambition and discourage profit-maximizers. He has railed against “fat cats” on Wall Street while protecting his favored financial industry benefactors. He threatened to “kick” the “a**es” of oil industry executives while refusing to punish the scientific lies and distortions of his own job-killing environmental czars and bureaucrats. He inveighed against the U.S. Chamber of Commerce for collecting dues from international affiliates while ignoring the same practices among deep-pocketed unions. And he bemoaned tax relief for “millionaires and billionaires” that would actually benefit wealth-producing couples who annually earn more than $250,000 and individuals who earn $200,000 or more.

Most small-business owners will tell you they don’t want Obama “boosting” them. They just want him to get out of the way. But none of them was represented at his CEO shindig. Instead, among the business “leaders” the White House invited was billionaire Penny Pritzker — a Chicago crony, Democratic fundraiser/bundler and heiress whose family co-owned a failed subprime specialty bank.

While Obama, the olive-branch poseur, has called for a restoration of “civility” in Washington and liberal elites whine and whinny about the need for “no labels,” class-warfare demagoguery has metastasized unchecked.

Socialist Bernie Sanders took to the Senate floor to filibuster tax relief for all Americans last week in a ponderous, eight-and-a-half-hour harangue against “greed,” the “rich,” “richer” and “richest,” and “millionaires and billionaires” he had the audacity to liken to “bandits.” On the House side, N.Y. Democratic Rep. Joe Crowley attacked the GOP as the party of the wealthy and compared all people who earn more than $250,000 a year to the late convicted tax evader Leona Helmsley and her Maltese doggie heir.

The left wastes no opportunity to blame tea party and talk radio rhetoric for violent acts by lone nuts. But when a suspected serial arsonist (still on the loose) burns down expensive homes in an upscale Cape Cod neighborhood and spray-paints “f**k the rich” graffiti at the crime scenes, the “words-have-consequences” crowd is nowhere to be found. Such is the silence of the crabs.

The Silence of The Crabs… 🙂

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