Recovery Summer IV Results

Economy: After his embarrassing failure on the foreign policy front, President Obama decided to tout his success managing the U.S. economy — just as the historically weak recovery shows fresh signs of weakening further.

In a speech marking the fifth anniversary of the Lehman Bros. collapse, Obama ticked off a laundry list of alleged accomplishments since taking office: I stopped another Great Depression, saved the auto industry, put people to work, etc.

“We cleared away the rubble from the financial crisis,” he said, “and we’ve begun to lay a new foundation for economic growth and prosperity.”

Unfortunately, it’s a foundation built on quicksand.

Just last week we learned that retail sales have softened, consumer sentiment hit a five-month low, job growth in August was still tepid and the number of job losers posted its biggest jump since 2010.

All are signs the economy isn’t going to live up to expectations in the final months of the year.

This comes after 50 months of sluggish growth that has left 4.3 million out of work long-term, helped drive 10 million out of the job market, pushed the labor participation rate to 35-year lows, boosted food stamp rolls by 14 million and pushed nearly 3 million into poverty.

Just 13 states have employment rates above their pre-recession peaks (all but four of them, by the way, voted against Obama in 2008).

Thanks to Obama’s sluggish growth, real median household income remains 4.4% below where it was when his “recovery” started.

The day Obama gave his remarks, the AP reported that the unemployment rate among low-income families is at Great Depression levels of 21%, but among upper-income households it’s 3.2%. That, AP’s analysis found, is the widest gap on record.

AP also found that middle-income workers are increasingly ending up with lower-wage jobs, forcing lower-skilled workers out of the job market.

Meanwhile, a survey out of the University of Chicago finds that a record 8.4% of Americans consider themselves “lower class.”

Here’s another way to look at it: Had Obama’s recovery merely been average, there would be 7.4 million more people gainfully employed today, and the economy would be $1.3 trillion bigger.

Even the left is noticing that, despite Obama’s endless blather about building prosperity from the ground up, his recovery has had the opposite effect — concentrating whatever gains there have been at the top.

The Huffington Post called it “the most uneven recovery in at least several decades” — which would include the Reagan, Clinton and Bush recoveries.

Among the evidence presented: Workers in the bottom 20% have seen their real average hourly wages decline steadily under Obama, compared with gains at the very top. And while 60% of the jobs lost in the recession paid mid-wages, only 22% of the jobs gained in Obama’s recovery did so.

Incredibly, amid all this, Obama claims to see “progress across the board.”  Then again, Obama thinks his foreign policy adventures have been a success, too. (IBD)

“Are some of these folks really so beholden to one extreme wing of their party that they’re willing to tank the entire economy just because they can’t get their way on this issue?” Obama said in a speech at the White House. “Are they really willing to hurt people just to score political points?” (Townhall)

WELL, we know HE IS. He’s been doing it for 5 years now! 🙂

Obama conceded the problems. “As any middle class family will tell you or anybody who’s striving to get in the middle class, we are not yet where we need to be,” he said.

And never will be, with Progressives in charge because they depend on making people poor and dependent on them and making rich people less rich and demonic to keep them them there.

“After all the progress that we’ve made over these last four and a half years, the idea of reversing that progress because of an unwillingness to compromise or because of some ideological agenda is the height of irresponsibility,” Obama said.

Which is why he won’t compromise on anything that has been done or will be done. But he’s not ideologically rigid… 🙂

After all, it’s “Congress” (Read: Republicans) Fault!

He’s not partisan. 🙂

Political Cartoons by Gary Varvel

Political Cartoons by Steve Kelley

Political Cartoons by Michael Ramirez

 

 

Second Term

The number of American workers collecting federal disability insurance benefits hit yet another record high in October, according to the

Social Security Administration. This month 8.8 million disabled workers are collecting benefits, up from the previous record of 8.7 million set in September.

In February 2009, the first full month after President Barack Obama took office, there were 7.4 million workers collecting federal disability insurance. Thus, so far in Obama’s term, the number of workers collecting disability has increased by 1.3 million. That works out to a net increase of about 30K per month, or an average increase of about 975 per day (KFYI)

Obama: “I don’t want your vote just because of what I have done; I want your vote because of what I’m going to do.”

But what he’s going to do is a horror show of unbelievable socialism. So ignore what I HAVE Done. Just HOPE I do better next time (though when I don’t it will STILL be Bush’s fault and/or The Republicans)

Have Faith. Ignore the Facts.

Proof Denies Faith, and without faith I am nothing” — Douglas Adams.

Obama in Florida: “When you elect a president, you’re counting on somebody you can trust to fight for you, who you can trust to do what they say they’re going to do, who can trust — that you can trust to make sure that when something unexpected happens, he or she is going to be thinking about your families, your future. Trust matters. And, Florida, you know me. You know I say what I mean and I mean what I say.”
It was the Film’s Fault! 🙂
It was George Bush’s Fault!
It’s was Corporate America’s Fault!
It’s Rich people’s Fault!
We are do better in the Middle East than ever before… 🙂

Anyone wondering why President Obama waited to reveal his second-term agenda should read his “plan.” It’s nothing but a stage prop full of recycled policies, failed ideas and stuff he ignored in his first term.

Even crediting Obama with putting forth a new plan is being too generous. All he really did was scrape together the handful of proposals he’d put up on his campaign website and add some nice photos and pretty graphics.

But since he’s waving around his 20-page, seven-point (two more than Romney’s!) plan at every campaign stop and acting like it’s a credible strategy to create jobs, we feel it deserves a careful reading. Here’s what we found.

• No credible tax reform plans. Obama says he’ll create a million manufacturing jobs in four years, first by reforming the corporate tax code.

We’re all for cutting the corporate tax rate and simplifying the code, but Obama had the chance to make this happen in his first term, after his own Economic Recovery Advisory Board urged such reforms back in August 2010.

Instead, he waited until February 2012 to put out a sketchy tax reform “framework.” And even that ignored many of the board’s recommendations.

Obama also says he’ll eliminate “tax deductions for companies shipping jobs overseas and use the savings to create new a tax credit for companies that bring jobs home.”

This is precisely what Sen. John Kerry proposed when he ran for president in 2004. In fact, Kerry’s economic adviser, Gene Sperling — who now heads Obama’s National Economic Council — used the same language back then, saying Kerry was committed to “eliminating tax incentives to move jobs overseas and using those funds to create incentives for new jobs and investment in the United States.”

The problem is that whenever anyone looks into this, they come to the same conclusion: There’s nothing there. A FactCheck.org report on Kerry’s plan in 2004 said off-shoring was “a minor problem that Kerry’s plan wouldn’t do much to fix.”

This year the same group pointed out that “there is no specific tax break for the sole purpose of relocating a U.S. job to another country.”

• Nothing for small businesses. Obama proposes cutting taxes on small business who hire new workers or increase wages. But this idea has already been tried and repeatedly found wanting.

A 2010 Congressional Research Service report concluded that these kinds of tax breaks haven’t been “as effective in increasing employment as desired.”

Obama also says he will expand the small business health insurance tax break included in ObamaCare. The problem is, this temporary credit has already been a massive failure, attracting just 170,000 small firms where Obama had predicted up to 4 million.

• Bogus deficit cuts. Obama says he has a “balanced” plan to cut the projected 10-year deficit by $4 trillion, using $2.50 in spending cuts for every $1 in tax hikes.

But Obama’s own budget, released in February 2012, proves his plan would do nothing of the sort.

That document shows Obama would shave just $2 trillion off the projected $8.7 trillion in deficits, and would do so almost entirely through tax hikes, with $20 in new revenue for every $1 in spending cuts.

• More failed energy policies. Obama’s new energy plan is little changed from his old one — more “clean energy,” more investment in “high-tech” batteries, more money spent on wind and solar, onerous fuel economy rules for cars, and a mandate that a certain percentage of electric power come from renewable energy.

But those policies resulted in tens of billions of tax dollars wasted on failed companies and higher energy prices. The only thing new in Obama’s energy proposals is that he’s now hiding his massively expensive commitment to cut greenhouse gas emissions.

• Phony education reforms. Four years ago, Obama promised to make college tuition more affordable and community college “completely free.”

But even with all the federal grant money and tax breaks Obama’s piled on, net college costs climbed 14% in the past four years, and community college costs are basically unchanged. Now Obama says he’ll cut college tuition growth rates in half, but hasn’t offered any realistic way to do so.

Obama’s other big idea is to hire 100,000 math and science teachers. But when Democrats tried to get this done last year, they couldn’t even get a bill to the floor of either the House or Senate.

• ObamaCare, seriously? The fact that Obama felt the need to include ObamaCare in his seven-point plan for the future shows just how bereft he is of new ideas.

• No entitlement reforms. And, finally, Obama’s Medicare and Social Security reform ideas can be summed up in three words: Just say no.

Obama promises only to block Rep. Paul Ryan’s Medicare reform idea and fight against any plan that would let today’s young workers invest Social Security taxes in private investment accounts. But he has no plans of his own to save either program from bankruptcy.

Obama might think that brandishing a shiny document and talking vaguely about “Moving America Forward” and “The New Economic Patriotism” will be enough to keep voters in his camp, just as “Hope and Change” did four years ago.

We suspect there are a lot of voters out there who don’t want to be fooled again. (IBD)

But I suspect there are plenty of them.
BENGHAZI

Charles Woods, the father of Tyrone Woods, who was killed in the 9/11 terrorist attack at the American consulate in Benghazi, Libya, reveals details of meeting Barack Obama and Hillary Clinton at the publically broadcast memorial service for the slain Americans at Andrews Air Force Base only days after the attack. And, in a recent radio appearance, Woods publicly questions who made the call not to send in back-up forces to possibly save his son’s life, as well as the three other Americans killed in Benghazi (which includes the American ambassador to Libya).

“When [Obama] came over to our little area” at Andrew Air Force Base, says Woods, “he kind of just mumbled, you know, ‘I’m sorry.’ His face was looking at me, but his eyes were looking over my shoulder like he could not look me in the eye. And it was not a sincere, ‘I’m really sorry, you know, that your son died,’ but it was totally insincere, more of whining type, ‘I’m sorry.’”

“I could tell that he was not sorry,” he added. “He had no remorse.”

Well, you are peasant and he has to do this because he’s required to but you are beneath him, you know.
This was just a political annoyance that had to be swept away.

Woods says that shaking President Obama’s hands at his son’s memorial service was “like shaking hands with a dead fish.”

“It just didn’t feel right,” he says of his encounter with the commander in chief. “And now that it’s coming out that apparently the White House situation room was watching our people die in real time, as this was happening,” Woods says, he wants answers on what happened—and why there was no apparent effort to save his son’s life.

“Well, this is what Hillary did,” Woods continues. “She came over and, you know, did the same thing—separately came over and talked with me. I gave her a hug, shook her hand. And she did not appear to be one bit sincere—at all. And you know, she mentioned that the thing about, we’re going to have that person arrested and prosecuted that did the video. That was the first time I had even heard about anything like that.”

“We’re going to have that person arrested and prosecuted that did the video.”-Hillary Clinton previously told him.

MORE LIES

Obama: “That organization [Planned Parenthood] provides millions of women with cervical cancer screenings, mammograms.”

No they don’t.

But who cares if he’s lying, certainly not him, his sycophants, or the Ministry of Truth.

“In many ways, because of the actions we took early on, we’re actually ahead of pace in the typical recovery out of a recession like this,” Obama said.

BULLCRAP!

http://www.minneapolisfed.org/publications_papers/studies/recession_perspective/

In the 12 quarters since the Obama recovery started, real GDP has climbed 6.7%. That’s below even the GDP growth rate in the 12 quarters after the 1980 recession ended — despite the fact that there was the intervening deep and prolonged 1981-82 recession.

The picture isn’t any better when looking at job growth.

Obama often boasts that the economy has added 5.2 million private-sector jobs in the 31 months since employment bottomed out in February 2010. But that rate of job growth lags every previous recovery as well if, as Obama does, you start counting at the point where jobs bottomed out.

Bush oversaw 5.3 million new private-sector jobs in the 31 months after employment hit bottom in mid-2003. Under Reagan, private-sector jobs climbed 8.2 million during a comparable time period.

What’s more, Obama’s recovery has reclaimed only about half the jobs lost during the recession. That’s a far cry from prior recoveries, which saw the number of jobs exceed the previous peak by this point.

In fact, had job growth under Obama kept pace with the previous worst recovery since World War II, there would be nearly 6 million more people with jobs today.

To be fair, the president uses a qualifier in his quote, comparing his recovery to others “out of a recession like this.”

In the past, Obama has argued that recoveries from a financial crisis like the one that caused 2007-09 recession are invariably slow and painful.

In June, for example, Obama said that “this was not your normal recession.”

He added that “throughout history, it has typically taken countries up to 10 years to recover from financial crises of this magnitude. Today, the economies of many European countries still aren’t growing. And their unemployment rate averages around 11%.”

Obama points to the work of economists Carmen Reinhart and Kenneth Rogoff, who say that recoveries from financial crises tend to be protracted. Recently, the two wrotethat “if one compares U.S. output per capita and employment performance with those of other countries that suffered systemic financial crises in 2007-08, the U.S. performance is better than average.”

But the claim that financial crises always produce slow recoveries isn’t set in stone.

In fact, an October 2011 paper by the Atlanta Fed concluded that “U.S. history provides no support for linking low employment and high unemployment in the current recovery with the financial crisis of 2007—2008.”

And a November 2011 paper by economists at Rutgers University and the Cleveland Fed concluded that while recessions tied to financial crises tend to be deeper than average, the recoveries also tend to be stronger than average.

Study co-author Michael Bardo noted that, based on these findings, “the slow recovery that we are experiencing from the recession that ended in July 2009 is an exception to the historical pattern.”(IBD)

Political Cartoons by Glenn McCoy

Political Cartoons by Chuck Asay

Cherry Picking

We’ve been hearing lots of talk of “economic recovery” and “reductions in unemployment” and “better days ahead” in the mainstream media.  It’s now about eight months until the 2012 election, and the Obama campaign is in full-on panic mode over the bad economy, so they’re releasing all kinds of misinformation, which is gobbled up by the press, who simply regurgitate it without a moment’s pause to question or analyze the “facts” and “figures” being presented.  And why should they?  Obama is their guy, and they would be thrilled to see him re-elected, so they’re happy to let the falsehoods stand when they report what they’re fed, and they have a million excuses at the ready if they’re ever called on it.  “This was a government report – we had reason to believe it”, or “those numbers were fluid – we just reported where they stood at that particular moment”.

The BS: In 2009, we were losing 750,000 jobs a month. Our biggest banks and auto companies were on the brink of pulling down the whole economy. But we righted the ship. We did not tip into a Great Depression. And over the last 22 months, businesses have created more than 3 million jobs, the most since 2005 and more manufacturing jobs than since the 1990s. We still have a long way to go but we have restored hope and possibility to the economy.

This chart from the Bureau of Labor Statistics utterly destroys that argument.  The BLS measures the percentage of working-age adults currently employed in the population — and as can easily be seen, three years of Barack Obama has not made any dent in the trough created by the recession:

That is not recovery.  It’s not even a start to a recovery.  By cherry-picking 22 months, the best Greenberg can claim is job growth of 136,370 jobs per month, which would barely exceed the needed job growth per month to keep up with population growth.

Why cherry-picking?  I explained the issue when Obama tried using this claim during his Google+ hangout at the beginning of the month:

But why 22 months?  Obama began his term in January 2009, and the recession ended in June 2009.   What’s so special about March 2010?  Well, not so surprisingly, that’s almost the nadir of employment during Obama’s presidency, which actually took place in February 2010, two years ago this month. Even if he’d picked the right month, it would still only have been 2.654 million, not 3 million.

Calculating from the end of the recession, the net job creation from those 31 months is only 1.407 million, a wan 45,390 net jobs a month, far below the pace needed to keep up with population growth.   Calculating for the entirety of his presidency, we’re actually in the hole 937,000 jobs.  Obama tried to cherry-pick the worst month in order to claim the most credit he could possible for job growth, and managed to get both the month and the math wrong anyway.

Obama and his strategists can cherry-pick all they like.  This chart tells the real story of Obamanomics and job creation during his term.

Good News: DHS Spending $11 Million Scouring Web for Criticism of Its Policies

I’d have loved to have heard the shrieks of indignation coming from The New York Times and the rest of the leftist infrastructure had John Ashcroft and other Bush administration officials engaged in this kind of egregious behavior.

No double standards here, folks.

The Department of Homeland Security (DHS) has been paying a defense contractor $11.4 million to monitor social media websites and other Internet communications to find criticisms of the department’s policies and actions.

A government watchdog organization, the Electronic Privacy Information Center (EPIC), obtained hundreds of documents from DHS through the Freedom of Information Act and found details of the arrangement with General Dynamics. The company was contracted to monitor the Web for “reports that reflect adversely on DHS,” including sub-agencies like the Federal Emergency Management Agency, Citizenship and Immigration Services, Customs and Border Protection and Immigration and Customs Enforcement.

In testimony submitted to the House Subcommittee on Counterterrorism and Intelligence, Ginger McCall, director of EPIC’s Open Government Project, stated that “the agency is monitoring constantly, under very broad search terms, and is not limiting that monitoring to events or activities related to natural disasters, acts of terrorism, or manmade disasters…. The DHS has no legal authority to engage in this monitoring.”

McCall added: “This has a profound effect on free speech online if you feel like a government law enforcement agency—particularly the Department of Homeland Security, which is supposed to look for terrorists—is monitoring your criticism, your dissent, of the government.”

Rest assured that our beloved, baritone DHS secretary — and her ostensible boss, Eric “Fast ‘n’ Furious” Holder — would never, ever use this kind of information to go after private citizens. They’re just doing research.

As far as you know.

Consider this reason number 43,263 to kick this administration’s ample rear out of office in November.

PENNSYLVANIA JUDGE THROWS OUT ASSAULT CASE

An atheist annoyed a Muslim by using a Halloween costume of “zombie Mohammed” and the Muslim to beat the shit out the guy.

The charge goes to try and the Judge throws it out calling the atheist a “doofus”.

From Jonathan Turley:

There is a surprising story out of Mechanicsburg, Pennsylvania that seems the perfect storm of religious tensions. You begin with Ernie Perce, an atheist who marched as a zombie Mohammad in the Mechanicsburg Halloween parade. Then you add Talaag Elbayomy, a Muslim who stepped off a curb and reportedly attacked Perce for insulting the Prophet. Then you have a judge (Judge Mark Martin) who threw out the criminal charges against Elbayomy and ridiculed the victim, Perce. The Judge identifies himself as a Muslim and says that Perce conduct is not what the First Amendment is supposed to protect. [UPDATE: The judge says he is not a Muslim despite what is heard by most listeners on the tape. That being the case, the criticism of the comments remains.] [UPDATE2: Perce has responded to our blog and denied many of the factual representations made by Judge Martin].

The judge not only points to the Koran in the courtroom but his time in Muslim countries as relevant to his deliberations. Putting aside the problem of ruling in a case where you admit you have strong personal feelings, the lecture given on the first amendment is perfectly grotesque from a civil liberties perspective.

The Judge: “Well, having had the benefit of having spent over two-and-a-half years in predominantly Muslim countries, I think I know a little bit about the faith of Islam. In fact, I have a copy of the Quran here, and I would challenge you, Sir, to show me where it says in the Quran that Muhammad arose and walked among the dead. I think you misinterpreted a couple of things. So before you start mocking somebody else’s religion, you might want to find out a little more about it. It kind of makes you look like a doofus. …

In many other Muslim-speaking countries, err, excuse me, many Arabic-speaking countries, predominantly Muslim, something like this is definitely against the law there, in their society. In fact, it could be punished by death, and frequently is, in their society.

Here in our society, we have a Constitution that gives us many rights, specifically First Amendment rights. It’s unfortunate that some people use the First Amendment to deliberately provoke others. I don’t think that’s what our forefathers intended. I think our forefathers intended to use the First Amendment so we can speak with our mind, not to piss off other people and cultures – which is what you did.

I don’t think you’re aware, Sir, there’s a big difference between how Americans practice Christianity – I understand you’re an atheist – but see Islam is not just a religion. It’s their culture, their culture, their very essence, their very being. They pray five times a day toward Mecca. To be a good Muslim before you die, you have to make a pilgrimage to Mecca, unless you’re otherwise told you cannot because you’re too ill, too elderly, whatever, but you must make the attempt. Their greeting is ‘Salam alaikum, wa-laikum as-Salam,’ uh, ‘May God be with you.’

Whenever it is very common, their language, when they’re speaking to each other, it’s very common for them to say, uh, Allah willing, this will happen. It’s, they’re so immersed in it. And what you’ve done is, you’ve completely trashed their essence, their being. They find it very, very, very offensive. I’m a Muslim. I find it offensive. I find what’s on the other side of this [sign] very offensive. But you have that right, but you are way outside your bounds of First Amendment rights.

I’ve spent about seven years living in other countries. When we go to other countries, it’s not uncommon for people to refer to us as ‘ugly Americans.’ This is why we hear it referred to as ‘ugly Americans,’ because we’re so concerned about our own rights, we don’t care about other people’s rights. As long as we get our say, but we don’t care about the other people’s say.”

Burning the Flag anyone? Occupoopers pooping on the Flag anyone? Flag in a Jar of Urine anyone?

Hitler References, “racism” references by Liberals when you disagree with them.

No provocation there. It’s unfortunate that some people use the First Amendment to deliberately provoke others. –The Judge. 🙂

FREEDOM –DEMOCRAT STYLE

Democrat Kathy Hochul (via Guy Benson): I love the audible shock that ripples through the upstate New York crowd when their elected representative informs them that “the Congress” isn’t especially interested in what the Constitution has to say on certain “aspects” of its sundry decrees.  She goes on to pay lip service to religious freedom, suggesting that HHS’ extremely narrow exemptions to the mandate are sufficient.  Under this interpretation, the fact that “the decision has been made by this Congress than Americans are entitled to healthcare” renders conscience objections from religious institutions and individuals obsolete. 

From Here Campaign Website: Democrat Kathy Hochul dismissed being portrayed as a tax-and-spend liberal as “politics” and said she’s a pragmatist who is open to good ideas no matter which side of the political aisle they come from.

“You can’t label me anything,” Hochul said during a stop at The Daily News Thursday.

Sure…. 😦 Whatever….

http://hotair.com/archives/2012/02/25/video-dem-rep-booed-by-constituents-over-hhs-mandate/

“Well, basically, we’re not looking to the Constitution on that aspect of it.”- Rep Hochul

THE IRS & TEA PARTY

In January and February of this year, the Internal Revenue Service began sending out letters to various local Tea Parties across the country. Mailed from the same Cincinnati, Ohio IRS office, these letters have reached Tea Parties in Virginia, Hawaii, Ohio, and Texas (we are hearing of more daily). There are several common threads to these letters: all are requesting more information from these independent Tea Parties in regard to their nonprofit 501(c)(4) applications (for this type of nonprofit, donations are not deductible). While some of the requests are reasonable, much of them are strikingly onerous and, dare I say, Orwellian in nature.

The other question is the timing of these IRS letters requesting reams of copies and hundreds of hours of work and potentially thousands of dollars in accounting/legal fees (all due in two weeks). Some of these Tea Party groups have not received anything concerning their nonprofit status since 2010 prior to these letters.

In the near future, the Affordable Healthcare Act mandate and all things related to healthcare are to be policed and enforced by the IRS. This means thousands more IRS agents will be added, but the actual number is yet unknown. Considering that healthcare accounts for 1/6th of the U.S. economy, it will probably be a significant number of additional agents. According to the tax administration inspector general, Russell George, “The new Affordable Care Act provisions represents the largest set of tax law changes in 20 years.” That’s an overwhelming thought considering there are over 70,000 pages of federal tax code. (KFYI)

But I guess I’m just Cherry Picking… 🙂

Political Cartoons by Henry Payne

Political Cartoons by Gary McCoy

Political Cartoons by Michael Ramirez

Here’s Your “Hope and Change”

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! 🙂