The Obama administration passed another fiscal milestone this week, according to new data <http://www.treasurydirect.gov/NP/BPDLogin?application=np> released by the Treasury Department. As of the close of business on Oct. 3, the total national debt was $14,837,099,271,196.71—up about $44.8 billion from Sept. 30.
That means that in the less-than-three-years Obama has been in office, the federal debt has increased by $4.212 trillion–more than the total national debt of about $4.1672 trillion accumulated by all 41 U.S. presidents from George Washington through George H.W. Bush combined.
(and as much as George W Bush in 8 years! BTW)…
This $4.212-trillion increase in the national debt means that during Obama’s term the federal government has already borrowed about an additional $35,835 for every American household–or $44,980 for every full-time private-sector worker.
The Unemployment rate (those reporting that they are unemployed NOT the ones who have given up) is still 9.1% in the last jobs report. Half of the jobs “created” were union people who were on strike and not anymore.
But don’t worry, Obama’s Son of Stimulus where he SPENDS EVEN MORE will save us all! 🙂
OCCUPY WALL STREET
“God bless them,” Pelosi said, “for their spontaneity. It’s independent … it’s young, it’s spontaneous, and it’s focused. And it’s going to be effective.”
“The message of the protesters is a message for the establishment everyplace,” said the House Democrats’ leader. “No longer will the recklessness of some on Wall Street cause massive joblessness on Main Street.” (Weekly Standard)
Pelosi on The Tea Party 2009: protesters are “carrying swastikas and symbols like that to a town meeting on healthcare.”
“This [tea party] initiative is funded by the high end — we call call it astroturf, it’s not really a grassroots movement. It’s astroturf by some of the wealthiest people in America to keep the focus on tax cuts for the rich instead of for the great middle class.”
“However, it is now evident that an ugly campaign is underway not merely to misrepresent the health insurance reform legislation, but to disrupt public meetings and prevent members of Congress and constituents from conducting a civil dialogue,” the two leaders write…. “These disruptions are occurring because opponents are afraid not just of differing views — but of the facts themselves. Drowning out opposing views is simply un-American.”
“This isn’t about politics,” Obama said. “This about people’s lives… That’s why we must get this done – and why we will get this done – by the end of this year.
Now onto the Demands (hold onto your sanity):
All Debt world wide must be forgiven.
Immediate across the board debt forgiveness for all. Debt forgiveness of sovereign debt, commercial loans, home mortgages, home equity loans, credit card debt, student loans and personal loans now! All debt must be stricken from the “Books.” World Bank Loans to all Nations, Bank to Bank Debt and all Bonds and Margin Call Debt in the stock market including all Derivatives or Credit Default Swaps, all 65 trillion dollars of them must also be stricken from the “Books.” And I don’t mean debt that is in default, I mean all debt on the entire planet period.
Has your brain processed how insane and naive that is yet?
From the Occupy Wall Street website:
Demand one: Restoration of the living wage. This demand can only be met by ending “Freetrade” by re-imposing trade tariffs on all imported goods entering the American market to level the playing field for domestic family farming and domestic manufacturing as most nations that are dumping cheap products onto the American market have radical wage and environmental regulation advantages. Another policy that must be instituted is raise the minimum wage to twenty dollars an hr.
Demand two: Institute a universal single payer healthcare system. To do this all private insurers must be banned from the healthcare market as their only effect on the health of patients is to take money away from doctors, nurses and hospitals preventing them from doing their jobs and hand that money to wall st. investors.
Demand three: Guaranteed living wage income regardless of employment.
Demand four: Free college education.
Demand five: Begin a fast track process to bring the fossil fuel economy to an end while at the same bringing the alternative energy economy up to energy demand. (the fact that that is technologically impossible right is immaterial to these loons)
Demand six: One trillion dollars in infrastructure (Water, Sewer, Rail, Roads and Bridges and Electrical Grid) spending now. (OH, THE STIMULUS and The American Jobs Acts!!) 🙂
Demand seven: One trillion dollars in ecological restoration planting forests, reestablishing wetlands and the natural flow of river systems and decommissioning of all of America’s nuclear power plants.
Demand eight: Racial and gender equal rights amendment.
Demand nine: Open borders migration. anyone can travel anywhere to work and live.
Demand ten: Bring American elections up to international standards of a paper ballot precinct counted and recounted in front of an independent and party observers system.
Demand eleven: Immediate across the board debt forgiveness for all. Debt forgiveness of sovereign debt, commercial loans, home mortgages, home equity loans, credit card debt, student loans and personal loans now! All debt must be stricken from the “Books.” World Bank Loans to all Nations, Bank to Bank Debt and all Bonds and Margin Call Debt in the stock market including all Derivatives or Credit Default Swaps, all 65 trillion dollars of them must also be stricken from the “Books.” And I don’t mean debt that is in default, I mean all debt on the entire planet period.
Demand twelve: Outlaw all credit reporting agencies.
Demand thirteen: Allow all workers to sign a ballot at any time during a union organizing campaign or at any time that represents their yeah or nay to having a union represent them in collective bargaining or to form a union. (Gee the Union backers of this couldn’t have been behind this one!)
These demands will create so many jobs it will be completely impossible to fill them without an open borders policy.
“this is what democracy looks like” — The Occupiers.
Has your brain exploded yet? Well…
The federal government is taking on a crucial new role in the nation’s health care, designing a basic benefits package for millions of privately insured Americans. A framework for the Obama administration was released Friday.
The report by independent experts from the Institute of Medicine lays out guidelines for deciding what to include in the new “essential benefits package,” and how to keep it affordable for small businesses and taxpayers, as well as scientifically up to date.
The advisers recommended that the package be built on mid-tier health plans currently offered by small employers, expanded to include certain services such as mental health, and squeezed into a budget. They did not spell out a list of services to cover, but they did say that treatments should be cost-effective.
Until now, designing benefits has been the job of insurers, employers and states. But the new health care law requires insurance companies to provide at least the federally approved package if they want to sell to small businesses, families and individuals through new state markets set to open in 2014.
Existing workplace plans won’t be required to adopt the federal model, but employers and consumer advocates alike predict it will become the nation’s benchmark for health insurance over time.
“The federal government has never before attempted to define what constitutes essential medical benefits for Americans with private insurance,” said Stephen Finan, a top policy expert for the American Cancer Society.
Health and Human Services Secretary Kathleen Sebelius said in a statement that officials would hold “listening sessions” around the country before any final decisions are made, a process that could take months.
“Before we put forward a proposal, it is critical that we hear from the American people,” Sebelius said. The law would expand coverage to about 30 million uninsured people.
Hear this: KILL THE WHOLE THING AND GO AWAY!
Not “Listening” to that are you? 🙂
Red State.com: It is time to face reality. I am not nearly well-informed enough to offer even an educated guess as to the immediate cause of the market crash and subsequent recession/depression. But it seems painfully clear at this point that a substantial portion of the economic growth we enjoyed in the years prior to 2007 was entirely illusory and funded by ill-advised and unsustainable lending practices. This is a problem that doesn’t solve itself overnight. And moreover, when it is “solved,” a substantial portion of us will nonetheless have to accept a lifestyle that is much less comfortable than the ones we enjoyed 5 years ago.
What scares me – I mean, truly terrifies me – about this entire situation is not what I am going to do about my own predicament (although I would be lying if I said it did not cause me substantial amounts of stress). It is that no Presidential candidate who stands a chance of winning can afford to say anything like the preceding paragraph. It would be political suicide for any candidate – Republican or Democrat – to suggest aloud, “You know what? As a candidate I can fix things around the edges and start us on the road to recovery, but if we’re being perfectly honest with each other, it’s going to be a long time (if ever) before things get back to the way they were.”
And if the American people cannot stand to hear that message even when it is the manifest truth, we are in serious trouble. Because what it means is that we have become a nation in which people cannot be told to act like adults because we are no longer capable of doing it. And a nation where people have to be promised free ponies and unicorn dust even when everyone can see there’s no more ponies in the stable is a nation that’s just biding its time until final collapse.
America is going to go through a difficult time of readjustment and we will only get through it by knuckling down, determining to generate more productivity and make do with less – in other words, doing the things that brought us through before. If we have become so cushy and coddled that we can’t even stand to hear that it needs to be done again, then we are lost.
47% of poeple pay no income taxes. 48% of them are on government assistance.
The bottom 50% of all people pay 3% of the taxes.
So are you ready to make real sacrifices or do you want someone else to do it for you?
Only, there is no one else.
The truth doesn’t care if you don’t like it. A lesson I learned several years ago.
But Obama is here to save you. Rejoice!
And if disagree you’re a greedy, rich-loving, sicko racist. 🙂
And the Occupiers are the future of America and the liberal media will be egging them on. 🙂
“Because what it means is that we have become a nation in which people cannot be told to act like adults because we are no longer capable of doing it.”