Come Hell or High Water

The Congress that took the last week of July until Sept 13 off has now left Washington for all-out-war campaigning after working an exhaustive 17 days since late July and won’t be back until after they have had their heads chopped off by the American people.

Poor babies.

They left town without the House passing a budget for the first time since 1974. The 4th time the Senate has done it since 1974.

So the government that started a new fiscal year today with resolutions.

I bet your household budget works the same way. You just fake it. right? 🙂

They also left town without dealing with the Tax Increases coming on 1/1/11. They were too chicken. So they split town to save their own asses rather than tell you, your employer, or any potential employers if they were going to get hit with the largest Tax Increase in American History (for real).

Failure to extend the Bush tax cuts will also mean a reinstatement of the marriage penalty that makes some married couples pay higher taxes filing jointly than they would if they were single and filing individual returns. It will mean cutting in half the child tax credit from $1,000 to $500. It will increase tax rates on dividends from a maximum of 15 percent to 39.6 percent, which affects seniors who depend on dividends to supplement their Social Security and pensions. And it will raise the top capital gains tax rate from 15 percent to 20 percent, stifling business investment.

It will also raise taxes anyone who pays taxes. Regardless of income.

The President repeatedly says he want to raise taxes on the rich as a class warfare tactic, but in all these months has he actually proposed an actual bill for it?

Or was he hoping Pelosi or Reid would do it for him? Be the good Lieutenants and get all the troops in line to set up for the firing squad one more time?

But the fact remains it was all talk and no action. Much like the Congress since the passage of the business buzzsaw killing Financial Reform bill the Democrats have done nothing useful since (not that they did it before to be fair).

And who is to blame for the President not proposing and the Democrats not disposing of this part of the agenda, The Republicans. 🙂

The Minority party is at fault for the President not even sending a bill containing his Tax proposals to the House and the House not willing to come up with the bill and vote on it.

It’s all those damn Republicans fault! 😦

HUH??

Now that’s a “transparent” “drain the swamp” “most ethical congress” “responsible”, “post-partisan” government isn’t it?

The real problem was there were enough Democrats  who were willing to join Republicans on an across-the-board extension of the Bush tax cuts that it made the Reid-Pelosi position of raising taxes on some higher earners untenable, so no tax bill moved forward.

But that was the Republicans fault too. 🙂

Members of Congress have now returned home to try to save their own jobs, never mind helping the millions of Americans who have lost theirs. “When we come back this fall, the election will be over,” Senate Majority Leader Harry Reid told the Washington Post. “I hope that it also means that Republicans will finally be able to put the American people ahead of their short-term political interests and ambitions.”

Now that’s responsible government.  and very “post-partisan”. 🙂

So it’s time to get your Lame Duck Poisoning Prevention Shot.

The New Roman Empire is being invaded by a hoard of Barbarians are the gate. So it’s time to prep the wells for poisoning and to raze the crops and poison the soil.

What Reid and his counterpart in the House, Speaker Nancy Pelosi, are hoping is that Democrats who lose their seats in the election will be willing to pass legislation in a lame duck session that they know the voting public doesn’t support. In Reid’s logic, they will be free to vote their liberal ideology. And it won’t matter because they will have already lost their jobs. But it is precisely this kind of arrogance that has Democrats in such poor shape heading into the mid-term elections. (Linda Chavez)

Some say you have to admire our “rock star” (in his own mind and the media’s) President for sticking to his ideology as he is 200% in campaign mode, 2008 campaign mode, that he doesn’t care about moving to the center. He wants to move even farther LEFT. Hoping to spike turnout amongst those who were fainting in his presence 2 years ago.

Now their fainting from working so hard. But that doesn’t matter. And once again, it’s supposed to be how he says it, not what he says.

Let’s party like it’s 2008!

The perception that he’s The Anointed One is supposed to trump the reality of the last 21 months.

A couple of back-to-back statements by President Obama at a town hall rally in Des Moines, Iowa, tell us all we need to know about his economic philosophy and that we aren’t going to climb out of his recession and begin to slow the growth of the national debt as long as he’s calling the shots.

Voters, he said, tell him to “cut government spending.” But “most spending is for veterans, for education, for defense. … Finding $700 billion is not easy.”

Yet a few minutes earlier, in response to criticism over illegal immigrants getting health care in the United States, he had said, “It is very important that we have compassion as part of our national character.” (How about compassion for future generations of Americans?)

Does anyone see the disconnect here? If Obama believes our national character is deficient unless we expand the welfare state to illegal immigrants, then how could he ever preside over a balanced budget?

His wildly inaccurate statement about where the money is spent is equally revealing. For fiscal year 2010, according to the Center on Budget and Policy Priorities and other sources, benefits for veterans constituted about 3.5 percent of the budget; education expenditures were 3 percent; and defense and security totaled about 20 percent.

Even worse than these errors is his defeatist statement that “finding $700 billion is not easy.”

Well, of course it’s not easy if you have no desire to trim the size, functions and intrusiveness of government.

Didn’t he just say again the other day that he is “committed to fiscal responsibility”? Hasn’t he incessantly argued that President George W. Bush is the one who ran up these outlandish deficits?

We all know what a distortion and exercise in scapegoatery that is. President Bush fulfilled his promise to cut the deficit in half by 2006. In fiscal year 2007, the deficit was $161 billion. Hard to believe, isn’t it?

That’s just three years ago, and Obama says it’s nearly impossible to trim much? Even the final Bush year, which Obama continues to blame for all “this mess” and which Obama has used to establish his new deficit base line, was not actually the alleged $1.3 trillion, but closer to $800 billion when TARP repayments are factored in.

Assuming Obama even wants to bring down the deficit, his economic philosophy precludes him from advancing policies likeliest to do it. You cannot make much headway on the deficit in a period of recession, and his policies are leading us toward a double-dip recession.

Indeed, the dirty reality is that Keynesian policy works as a double whammy against fiscal sanity. It involves government’s spending money it doesn’t have, which, by definition, increases the deficit and debt. And it also increases the deficit by smothering the private sector and deterring real economic growth. There is no appreciable “multiplier effect” from monies that are spent by government fiat, as opposed to those spent in response to true market forces, including real consumer demand — as opposed to government  command.

We saw the devastating impact of reckless Keynesian policies during the Great Depression, and we’re witnessing them again today. As long as Obama is married to his redistributionist profligacy, we cannot reduce the deficit. And it’s even worse when you consider that Obama wants to raise taxes on the primary generators of economic growth, small businesses, during a slow economic period.

With his signature audacity, Obama told town hall attendees their taxes haven’t gone up in his administration. Puleeze! Obamacare, anyone — for starters? He also said Republicans haven’t been honest with voters about what needs to be done to revive the economy. “We can’t pretend that there are shortcuts,” he said.

Sorry, but he’s the one being dishonest. The Bush years saw robust economic growth until the last year of Bush’s second term. The policies that led to the subprime collapse, the recession and the skyrocketing deficit in his final year were brought upon mostly by liberal Democrats hellbent on demonstrating their “compassion” for people by insisting on loans to people who couldn’t repay them and cynically resisting President Bush’s efforts to rein in Fannie and Freddie.

President Reagan didn’t continue to blame Jimmy Carter for his malaise-ridden economy during his term. He didn’t implement policies that didn’t work after promising they would and then whine that it would “take 10 years to get out of this mess because it took us 10 years to get into this mess.” He passed tax cuts that launched an unprecedented period of peacetime growth — and not at the expense of federal revenues, as has been falsely alleged.

I don’t expect President Obama to come clean with the American people or to ever accept responsibility for his disastrous policies, much less to voluntarily change course, but it’s gratifying to see that people, including some of his supporters, are finally onto him. (David Limbaugh)

And if you were expecting the Media to do their job, of journalism. Forget it. The Propaganda ministers for Obama are in full damage control, but unlike 2008, people are less inclined to believe their spin.

But it’s all they have and if they say it often enough people will believe their lies.

Gallup: Distrust in Media Hits New High and Three Times as Many See Media as ‘Too Liberal’ Over ‘Too Conservative’
They are too busy kissing up to Rep. Alan Grayson’s so-blatant-it’s-a-supernova misrepresentation attack ad, Obama’a 2008 “glory days” (they actually use that term repeatedly) and the manipulation by the far left of a Maid of California Gubernatorial Candidate Meg Whitman who was an illegal alien (she was fired last year for this by Whitman) and now is being paraded around the media with a prepared speech and lots of crying in the most cynical of acts.
And the Liberal media eats it up and regurgitates it.
So don’t expect anything from them expect spin.
I’m sad to report today a death of a good friend to all of us…..Journalism, the once esteemed 4th estate of our nation and the protector of our freedoms and a watchdog of our rights has passed away after a long struggle with a crippling and debilitating disease of acute dishonesty aggravated by advanced laziness and the loss of brain function.” — Gov. Mike Huckabee in 2009.

Doubt me:
Watch ABC’s World News Runs White House Produced Pro-ObamaCare Video as ‘News’: http://www.eyeblast.tv/public/video.aspx?v=hdkUkUQueu

CNN urging liberals to promote the “Amazing Achievements” of the liberals: http://www.eyeblast.tv/public/video.aspx?v=hdkUSUZunz
Matt Lauer (Today Show) urging the President to be more forceful about attacking the Republicans: http://www.eyeblast.tv/public/video.aspx?v=hdkUSUqG6U
And that’s just the tip of the iceberg.
All aboard the Democrats Unsinkable Ship of Keynesian Economic  State, The Titanic!
And don’t forget to destroy the land behind you.
If they can’t have it, no one can!
Film at 11.

I Just Had To Laugh

When I saw this I had to laugh.

President Barack Obama is telling high school graduates in Michigan not to make excuses, and to take responsibility for failures as well as successes.

In excerpts of remarks to be delivered Monday evening at Kalamazoo Central High School, Obama said that it’s easy to blame others when problems arise. “We see it every day out in Washington, with folks calling each other names and making all sorts of accusations on TV,” the president said.

//

He said the high school kids can and have done better than that.

“You could have made excuses—our kids have fewer advantages, our schools have fewer resources, so how can we compete? You could have spent years pointing fingers—blaming parents, blaming teachers, blaming the principal or the superintendent or the government,” the president said.

“But instead, you came together. You were honest with yourselves about where you were falling short. And you resolved to do better.” (AP)

He can’t, but you should. 🙂

I guess that was Bush’s fault too!

****

One of Obama’s thug unions the SEIU (Government Service union) boycotting Arizona has come out with a parody hotline issuing a travel warning for those visiting Arizona.

The official web site of Service Employees International Union states that “If you plan to visit Arizona this summer, please call our travel advisory hotline first to understand the implications of Arizona’s newest law that allows police to use “reasonable suspicion” to detain anyone they believe may not be an American citizen.”

Interesting point – the hotline message is only in English, not Spanish.

From the SEIU website:

Sign the Boycott Intolerance pledge:

I pledge to stand up against Arizona’s new immigration legislation, SB 1070, and boycott intolerance in Arizona until this radical and unjust law is repealed, overturned by the courts, and/or superseded by comprehensive federal immigration.

The SEIU is the  Leftist mob thugs that showed up at a Bank of America CEO’s home en masse to terrorize his family earlier this year, and have been caught beating up people and rioting at Tea Party events in 2009.

Nice People. 😦

*******

Prince William County, VA  General order 45.01: Illegal Immigration

http://docs.google.com/viewer?a=v&q=cache:X-FGbhjJjBwJ:www.co.prince-william.va.us/docLibrary/PDF/008333.pdf+prince+william+county+general+order+45.01&hl=en&gl=us&pid=bl&srcid=ADGEEShkyLUzWwwAFYM4-QiA25bM0AYsynV_xJY47G2I7JYikhcb1v3QVj1ocmHhgu6qHzcMHGBM8iKpsKmmYvpXxPCO46eJ3gHM4txjWxVhVgX9nUvYU7pzJntsmGW8thg8V7l2z9qm&sig=AHIEtbSZryR_lfdkbuGIFXR_sw2QzrzwTQ

Sounds familiar somehow…

So are they the next boycott victim? Or will the Liberal media ignore it?

Any bets? 😦

********

After spending several weeks expressing disdain for pundits’ calls for President Obama to show more emotion and outrage about the environmental disaster in the Gulf — White House officials called it “method acting” and “theatrics” — President Obama showed some anger in an interview to air on NBC tomorrow morning.(ABC)

“I don’t sit around just talking to experts because this is a college seminar, we talk to these folks because they potentially have the best answers, so I know whose ass to kick.”— President Obama

Yeah, he’s President Badass! He’s Mad! He’s not going to take it anymore!

So when is my next golf vacation and concert!?

“I was down there a month ago, before most of these talking heads were even paying attention to the gulf,” he told Lauer. “A month ago I was meeting with fishermen down there, standing in the rain talking about what a potential crisis this could be. And I don’t sit around just talking to experts because this is a college seminar; we talk to these folks because they potentially have the best answers, so I know whose ass to kick.”

Love the elegance of that last phrase.

And when Obama tried to replay his pre-tested soundbite answer that he wasn’t elected to “vent,” but rather to “solve problems,” Lauer expertly led him down the BP path with quotes from BP CEO Tony Hayward.

“But to solve the problem you need to have a reliable partner,” Lauer began. “Let me read you some of things that Mr. Hayward has said over the course of this disaster.  He said, ‘The Gulf of Mexico is a big ocean.  The amount of volume of oil and dispersant we are putting into it is tiny in relation to the total water value;’ – somewhat obvious – ‘the environmental impact of this disaster is likely to be very very modest.’ And then he said, ‘no one wants to end more than I do, I want my life back, family members of those 11 people who died on the rig, and people’s whose lives are going to be changed for years want their lives back too.’ He doesn’t work for you but if he did, would you want him out?

“He wouldn’t be working for me after any of those statements,” Obama said.

And yet, Obama is still working with Hayward, and for several weeks, was deferring excessively while we now know BP kept crucial facts about the spill from Americans.

President Barack Obama is telling high school graduates in Michigan not to make excuses, and to take responsibility for failures as well as successes. 🙂

I guess he hopes they are better at it than he is.

He’s only The President of The United States, after all… no one really important or  “in charge”. 🙂

The Next Big Stick

As difficult as it was, passing the health care bill is only “a critical first step” in overhauling the system so that it “works for all Americans,” President Obama told NBC’s Today show.”It is not going to be the only thing,” Obama told Matt Lauer. “We are still going to have adjustments that have to be made to further reduce costs.”

Further reduce??

Reduce???

What universe is he living in?

Well, that’s done. So it’s on to the next big stick.

Several companies have come out with their  100’s of millions in new cost estimates for ObamaCare.

The Democrats are mad about it.

And they want someone to pay politically for it, just not them.

So it’s time to take some CEO’s to the woodshed.

Rep. Henry Waxman vowed to haul CEOs into hearings after they revealed just how much ObamaCare will cost their firms. It’s an absurd war on bookkeeping, from a Congress desperate to avoid heat for this fiasco.

In the wake of President Obama’s presidential signature on the gargantuan Patient Protection and Affordable Care Act last Thursday, big companies have crunched their numbers and come up with an ugly picture.

In legally mandated filings, AT&T reported that ObamaCare will cost it $1 billion. Deere & Co. reported $150 million in new costs. Caterpillar must cough up $100 million. 3M must pay another $90 million. AK Steel gets to fork over $31 million. Valero Energy will pay $30 million. There’ll be more as other companies report anticipated costs to fulfill their requirements to inform shareholders. What it shows is a huge wave of costs rolling over the private sector to pay for this bill.

It’s the real cost of ObamaCare, a bill House Speaker Nancy Pelosi had touted daily as “paid for” in her pitch for Congressional votes.

Well, yes, as a matter of fact, it’s paid for because everything is paid for. The question is by whom.

The coming costs are the result of a little-scrutinized ObamaCare provision ending a tax credit for prescription drugs. The credit had been there to encourage firms to carry those costs for retirees.

As a result of ObamaCare’s changes, companies now can either pay for those costs — and lay off workers, hold off expansion or move abroad — or scrap their prescription drug programs altogether, dumping their retirees onto the federal government.

Either way, the costs are “paid for” — but they’ve also just skyrocketed, thanks to ObamaCare.

Instead of admitting the economic reality voters and companies have been warning Congress about, and maybe offering to read the bill next time, Waxman seeks to blame the very businesses the Democrats have just victimized.

It’s a sorry spectacle because Congress paid no attention at all to anyone who raised a yellow flag about how badly the cost-shifting would hit the private sector.

The Chamber of Commerce’s assessments of the impact on companies were dismissed in favor of MoveOn.org’s hysterical “analysis” howling for socialized health care. And the bill passed.

Now it’s time to pay the piper, and Waxman doesn’t want to pay.

He has decided to haul the executives into yet another round of star chamber hearings to explain just why two and two make four.

This is an implied threat to companies either to cook their books or face legal or political sanctions for embarrassing Congress by revealing the true impact of its health care bill on the private sector.

It has its place with what Stalin did in Soviet Russia, denouncing farmers as hoarders after setting artificially low prices for crops, and what Hugo Chavez is doing today in Venezuela, dictating prices on raw goods and limiting access to money while penalizing companies for passing on those costs to customers.

If Waxman gets away with this, it will be just as corrosive on the private sector here. It’s only happening because companies operating in market conditions dared to embarrass Congress with reality.(IBD)

Add to this the Chris Dodd bill on Financial Reform where the Treasury Secretary will have the power to seize a business if he believes it will fail.

Believes.

The bill would establish a liquidation fund financed by the industry and authorize the appointment of FDIC as receiver for insolvent companies, with SIPC acting as trustee for broker-dealers. All that sounds reasonable. You don’t notice the danger until you’re deep into the 1,336 page bill.

The government is to take over not only defaulting financial companies but those “in danger of default”. Five conditions are listed to define default and in-danger-of-default. Two are straightforward—the company will be filing for bankruptcy shortly or its board or shareholders agree to a government takeover.

The other three conditions allow the government to take over even when a company is not filing for bankruptcy and its board/shareholders do not consent. What it means is that the secretary of the Treasury can decide that a company is about to collapse even if it does not look that way to other people.

So you want to embarrass the President with your economic forecasts do you, Mr CEO?

Well, maybe we just need to take your company way from you.

So you want to give money to the GOP to defeat us in November or 2012?

Well, maybe we just need to take your company way from you.

When you operate on  “the end Justifies the means” that the Democrats are, and they got the drug high from winning the Health Care battle why wouldn’t they go there?

They absolutely would.

It’s the Chicago Way.

And the Mafia.

And the Soviets.

And Hugo Chavez.

And Castro.

So why wouldn’t they.

Moreover, consider that if there is any public suspicion of what’s going on, the company is dead. Once the Treasury decides a company is doing down, this decision will become self-fulfilling. That company will go down. The way the bill is written, it vastly expands government power to make arbitrary choices—like liquidate bank x but let bank y stand. A preview of this happened in 2008, when the Treasury and Fed decided to backstop Bear Stearns but not Lehman Brothers.

Perish the thought, but suppose a secretary of the Treasury has a crony who really wants to buy an investment bank on the cheap—and will provide some future quid pro quo. Pick a time when equities are down and you could make a case that a financial company is wobbly. Voila, it gets liquidated in a fire sale.

Maybe this sounds far fetched—a politician would not do something just for his own interest, would he?(CSM)

To allow the government to make a determination of what could or might happen is to create a whole new arena for political corruption.

But “The end justifies the means”.

The end being, of course, absolute power corrupting absolutely.

And Free Speech? Well,  FREEDOM IS SLAVERY…and you wouldn’t want to say anything bad about Big Brother now would you…