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Apr 30

An Obama Forte: Duplicity

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30

Obama’s Indefensible and Puerile Behavior Regarding Texas .. and Those He Doesn’t Like

We have seen countless instances of Obama puerile, vindictive, and indefensible behavior and actions in his treatment of individuals, politicians and even States that he doesn’t like for any of a variety of political reasons. Many dismiss such occurrences as just the “Chicago way” when, in fact, such behavior is not merely just un-Presidential but may violate the law.

Such arrogance and abuse of power by Obama is his essence.

His métier.

Being and acting Presidential for all the States and citizens is a foreign concept to him so to speak.

Messing With Texas, Chicago Way
Investor’s Business Daily   04/27/2011

Wildfires flare near Possum Kingdom, Texas, on April 19. The feds still have not declared the state a disaster area.

Politics: Asked last week why he's so unpopular in Texas, the only thing our president could say was "Republicans." Now that Texas has been lashed by tornadoes, his curious refusal to aid the state suggests the depth of his dislike.

Two weeks ago, Texas Gov. Rick Perry pleaded with the president in a 16-page letter to declare a large number of Texas counties disaster areas after historic wildfires ravaged over a million acres across the state, burning 350 homes and killing three.

A bad combination of hurricane rains, freezing weather and subsequent drought have made ideal conditions for the inferno during this tornado season.

Perry's request was a routine effort to free up federal disaster funds so the state wouldn't have to fight the fires alone. Texas should have been granted it easily.

But to date, nobody's gotten back to him — though other states with natural disasters, such as Oklahoma next door, got the declarations they needed. North Carolina got its declaration a mere four days after it made its request. So far, the White House seems to be saying Texas can burn.

This is no isolated incident. In the aftermath of the September 2010 killing of a U.S. citizen by Mexico's Zeta cartel in Texas waters, Perry pleaded in another letter to the president to send 1,000 extra National Guard troops to the border, warning of a "dire threat amassing on our southern border."

The response he got was little more than pablum from Homeland Security Secretary Janet Napolitano assuring that all was well on the border.

Since then, mass graves have been found on the Mexican side of the border, and they aren't done digging.

This Monday, Perry announced that Texas would finally get its $830 million in promised federal funding for education from the Department of Education after a nine-month delay. Texas alone of all 50 states had been denied its share of the funds as a result of an amendment from an Obama ally, Rep. Lloyd Doggett of Austin, who wrote a special provision into the 2010 federal education jobs bill to require Texas alone to "supplement and not supplant" state education financing through 2013. Perry called it unconstitutional, and it was reversed in the 2011 budget.

If this isn't a pattern, what is? In Texas, it's been one thing after another since the president told WFAA-TV in Dallas last week that he's unpopular in the state because it's full of conservatives.

What's more, he suggested they weren't sufficiently grateful to him. "Gov. Perry helped balance his budget with about $6 billion worth of federal help — which he happily took — and then started blaming the members of Congress who had offered that help," Obama told a TV interviewer.

Seems the president considers federal funding "his" money — rather than a round trip of cash from the states — deserving of gratitude, and any state that thinks otherwise gets payback, the Chicago Way.

Arizona, Wisconsin and Louisiana have felt similar stings for defying Washington.

This kind of ward-heeling behavior may seem logical to Obama, but it's quite beneath the office of a president who is presumed to govern all the country.

Texas, and the rest of the U.S. for that matter, desperately needs a leader, not a partisan politician whose only fealty is to his political cronies.

http://www.investors.com/NewsAndAnalysis/Article/570406/201104271854/Messing-With-Texas-Chicago-Way.htm

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Apr 29

Our Government’s Fiscal Irresponsibilities Will Affect All of Us

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29

Greatest Moments In Liberal Government Regulation History

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Apr 28

Obama’s and Congressional Democrats’ Reckless Spending Policies Will Kill the Prosperity of Future Generations

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28

Obama Turning US Into a Third World Country

Obama’s policies regarding our economy have been an unmitigated abject failure but you will never read this in the far left “main stream” media. They will make little or no mention of his failed, irrational actions.

Why?

Because Obama’s their man!

To them, this is still Bush’s fault as well as of the Republican Party. They will never admit to the fecklessness and ideological rigidity of Obama’s policies and the profound damage that is has and is causing.

Who's Turning U.S. Into The Third World?
Investor’s Business Daily   04/15/2011

Economy: President Obama says Republicans, if they get their way, will turn the U.S. into a "Third World" nation. Has he looked recently at the course he's set us on? As psychologists say, it sounds like projection to us.

One of the cheapest tricks in political rhetoric is to accuse your opponents of doing something bad that you yourself are doing. That's exactly what President Obama did when he charged that GOP efforts to restore fiscal responsibility would turn us into "a nation of potholes, and our airports would be worse than places ... that we used to call the Third World."

Never mind that most of what he's talking about — like "potholes" and airports — have always been local priorities. And Obama is U.S. president, not U.S. mayor.

But what stuck in our craw was that "Third World" crack. Excuse us, isn't that the way we've been heading under Obama? Consider for a moment these trends:

• Real earnings have fallen for five straight months, and are down 1% since the end of last year.

• Consumer price inflation is growing at a 6.1% annual rate over the last three months, while producer prices are rising an even-faster 13%. According to John Williams of the Shadow Government Statistics website, if we measure consumer prices the way we did before 1992, inflation is now running at 10% a year.

• The U.S. has added $6 trillion to its debt under Obama, a sure sign of being on the road to Third World status. Three years ago, the U.S. had $7.9 trillion in debt. Today, we have $14 trillion. Bankrupt, hyperinflated Zimbabwe couldn't do any better.

• The U.S. dollar has fallen so much and foreign nations have so little confidence in our ability to run our fiscal affairs that the "BRIC" nations — the mostly fast-growing former Third World nations of Brazil, Russia, India and China — are talking about replacing the U.S. dollar in foreign trade with the Chinese yuan.

• Just 45.4% of Americans had jobs last year, the lowest since 1983, according to census data crunched by USA Today. Among men, just 66.8% had work last year, the lowest ever.

• Obama touts the "recovery" that supposedly began in June of 2009, but a look at the data show that last year's real private sector GDP was in fact still down 1.1% from its peak in 2007 — so all of the "expansion" has been in government, not the private sector.

• While we're at it, under Obama, spending has risen farther and faster than under any president in history. At current rates, government at all levels will take up more than half of all economic activity by 2050.

Can't happen here, you say? In 1920, Argentina was one of the five richest countries on Earth. Then it followed policies similar to Obama's — kowtowing to unions, government control of industry, price controls. It crashed, burned and never really recovered.

We're headed down that road. Today, government spending is at a record 25% of GDP, while government regulation costs the U.S. economy $1.7 trillion a year.

As Vice President Biden might say, "That's real Third World, man."

http://www.investors.com/NewsAndAnalysis/Article/569371/201104151858/Editorial-Whos-Turning-US-Into-The-Third-World-.aspx

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Apr 27

Byzantine Tax Code Is An Encumbrance on Prosperity (God Help Us!)

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27

Responsibly Addressing the US Debt and Profligate Government Spending: Republicans Will Be Demonized In All Scenarios

Given the intransigence and ideological rigidity of the Democrats, Republicans may be forced to decide between the two calamitous scenarios as regards the US debt. The first would be to give in to the Democrats who oppose even the most minimal spending reduction, raise the debt ceiling and allow the debt to continue to skyrocket to the point of insolvency.

The second option would be to shut down the government until appropriate and effective spending reductions are agreed upon and can be instituted. Any such agreement may take quite a while to reach and, of course, would result in the U.S. defaulting on its obligations which will have quite severe consequences.

Though the Democrats will be the offending and irresponsible party in either of these financial meltdown scenarios, the Republicans will be blamed instead by the news media.

Government: US Default Could Be Doomsday Option For Economy
Scott Baker  April 23, 2011

WASHINGTON (AP) — The United States has never defaulted on its debt and Democrats and Republicans say they don’t want it to happen now. But with partisan acrimony running at fever pitch, and Democrats and Republicans so far apart on how to tame the deficit, the unthinkable is suddenly being pondered.

The government now borrows about 42 cents of every dollar it spends. Imagine that one day soon, the borrowing slams up against the current debt limit ceiling of $14.3 trillion and Congress fails to raise it. The damage would ripple across the entire economy, eventually affecting nearly every American, and rocking global markets in the process.

A default would come if the government actually failed to fulfill a financial obligation, including repaying a loan or interest on that loan. The government borrows mostly by selling bonds to individuals and governments, with a promise to pay back the amount of the bond in a certain time period and agreeing to pay regular interest on that bond in the meantime.

Among the first directly affected would likely be money-market funds holding government securities, banks that buy bonds directly from the Federal Reserve and resell them to consumers, including pension and mutual funds; and the foreign investor community, which holds nearly half of all Treasury securities.

If the U.S. starts missing interest or principal payments, borrowers would demand higher and higher rates on new bonds, as they did with Greece, Portugal and other heavily indebted nations. Who wants to keep loaning money to a deadbeat nation that can’t pay its bills?

At some point, the government would have to slash spending in other areas to make room for any further sales of Treasury bills and bonds. That could squeeze payments to federal contractors, and eventually even affect Social Security and other government benefit payments, as well as federal workers’ paychecks.

A default would likely trigger another financial panic like the one in 2008 and plunge an economy still reeling from high joblessness and a battered housing market back into recession. Federal Reserve Chairman Ben Bernanke calls failure to raise the debt limit “a recovery-ending event.” U.S. stock markets would likely tank — devastating roughly half of U.S. households that own stocks, either individually or through 401(k) type retirement programs.

Eventually, the cost of most credit would rise — from business and consumer loans to home mortgages, auto financing and credit cards.
Continued stalemate could also further depress the value of the dollar and challenge the greenback‘s status as the world’s prime “reserve currency.”

China and other countries that now hold about 50 percent of all U.S. Treasury securities could start dumping them, further pushing up interest rates and swelling the national debt. It would be a vicious cycle of higher and higher interest rates and more and more debt.

The U.S. has long been the global standard for financial stability and creditworthiness, with Treasury securities seen as a fail-safe investment. But after the near-shutdown of the U.S. government and a new credit-rating report this week questioning the country’s fiscal health, Treasury bills and bonds are losing luster.

If there is a debt limit deadlock, the government by this summer could find itself legally unable to borrow more money to pay its bills, beginning with interest on its debt and gradually extending to day-to-day federal operations. At some point, the government would have to decide which bills to pay and which to put aside.

The debt ceiling will be hit on or around May 16, the Treasury Department says. Unlike the threatened government shutdown, the impact would start slowly, but then build mightily until the damage would be so dire that few political leaders or economists even want to contemplate it. The day of reckoning could likely be delayed at least until early July with creative bookkeeping.

When the House first rejected the Bush administration’s $600-billion bank bailout in September 2008, the Dow Jones industrials went into a dizzying 778-point tailspin. A whiff of a possible similar stock market collapse came on Monday with a sharp selloff on Wall Street when the Standard & Poors lowered its outlook on U.S. debt to “negative” from “stable,” possibly a first step toward a possible downgrade of America’s coveted AAA credit rating.

“We haven’t downgraded it. We just said, if nothing happens, we may have to,” said S&P chief economist David Wyss. He said a government default remains uncharted territory, “which is one reason why it’s not a good idea to hit the debt ceiling.”

“There’s reason to worry,” said Wyss. “But my best guess is that we sort of muddle through this. Cuts will be made, they’ll be too little too late, but at least they will be enough to maintain a triple-A rating.”

“It’s another game of chicken. And this time there are Mack trucks going at each other, not bumper cars. This is a biggie,” said American University political scientist James Thurber. But he predicted that, as in the past, “there will be an accommodation. They will avoid a crash.”

Investment bank J.P. Morgan Chase recently concluded that any delay in making an interest or principal payments by the Treasury “even for a very short period of time” would have large “long-term adverse consequences for Treasury finances and the U.S. economy.” The analysis is being circulated on Capitol Hill by supporters of raising the debt limit.

“If anyone wants to push that button, which I think would be catastrophic and unpredictable, I think they’re crazy,” JP Morgan CEO Jaime Dimon said recently of those seeking to block raising the debt limit.

House Speaker John Boehner and most other GOP leaders agree on the need to raise the debt limit — and don’t want to be held responsible for a new financial meltdown. Still, they want Obama to make more concessions on spending cuts than he has done thus far. That isn’t sitting well with liberal Democrats, who think Obama has already given too much ground.

One reason the two parties can’t find common ground: they can‘t even agree on what’s causing high deficits. Democrats mostly blame it on policies of George W. Bush: two wars, tax cuts that continue to benefit the wealthy and an expensive prescription drug program. Republicans see government spending as the culprit, particularly on Obama’s watch.

In fact, the main reason is the deep recession, which slashed tax revenues and led to hundreds of billions of dollars in recession-fighting spending by both Bush and Obama. The debt was $9 trillion in late 2007 before the start of the Great Recession, and it’s just a sliver under the $14.3 trillion limit today.

Even though GOP leaders say they want to avoid more economic chaos, there is a large crop of tea-party aligned Republicans threatening to refuse to raise the cap under almost any circumstance. Polls suggest a large percentage of Americans oppose raising the debt limit.

The debt limit has been raised ten times over the past decade. Obama voted against Bush’s debt-limit increase in 2006 as a senator, accusing Bush of “a leadership failure.“ Obama recently apologized for ”making what is a political vote as opposed to doing what was important for the country.”

http://www.theblaze.com/stories/us-default-could-be-doomsday-option-for-economy/

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Apr 26

Spending, Tax and Regulatory Policies of Obama and Congressional Democrats Destroying American Prosperity

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26

Conservatives Must Vociferously and Relentlessly Oppose Obama, Progressives and Their Agendas

In the following call to arms, conservative Lloyd Marcus exhorts all of us to vociferously oppose Obama, Progressives and their anti-American, anti-freedom and big government agenda. Being politically correct or silent will not allow us to obtain our goals. We must be fearless and relentless in our attempts to oust Obama and the Democrats in Congress (and elsewhere).

Tea Party David Vs. Two-Headed Goliath
Lloyd Marcus April 23, 2011

On the O'Reilly Factor TV show, Dennis Miller was asked his thoughts regarding the media's response to Obama's numerous flip flops.  Miller said the media will report whatever Obama does in a positive light.
We patriots are well aware of the liberal media's love affair with Obama.  And yet, for some reason, the reality of Miller's comment hit me hard right between the eyes.  I thought, "Oh my gosh. This is not funny. Our country is in serious trouble."

Not only must we defeat the Obama administration, we must take on and defeat the liberal mainstream media as well; take on the two powerful well-funded entities committed to the fundamental transformation of America. Lord, help us!

Patriots, we can, will and must defeat this two headed evil Goliath.  Despite the left's shock and awe public relations slanderous attacks on the tea party and our candidates, we took the House of Representatives.  Thus proving, they can be beaten!

I am so sick of advisors cautioning us conservatives to walk on eggshells when dealing with the liberal media.  It has even been suggested that we stop using the term "tea party" due to the negative image created by the media.

Patriots, even if we change our name to the "Happy Go Lucky Nice People Movement," we will still be targeted for destruction by the media.  What part of they hate us and want us to fail do our advisors not understand?  The liberal media is going to put a negative spin on whatever we say.

Now, am I advocating saying stupid provocative things?  Of course not.  I am advocating fearlessly and aggressively attacking Obama's horrific record.  Call out the liberal media on their biased reporting.  Stop allowing the Democrats and their media minions to set the rules of engagement.  Patriots, the stakes are far too high to wimp out foolishly seeking approval from those actively pursuing our total destruction.

Again, I say, what do we have to lose by confronting the democrats and the liberal media?  They are going to trash us regardless.

Yes, they will call you a racist.  I say this in love: "Get over it."  Throughout U.S. history many have suffered far greater and paid the ultimate sacrifice.  Why?  Because America is worth it.

Tons of articles have been written calling me a stupid self loathing n****r, an Uncle Tom, a tea party minstrel, a traitor, a sellout, and a clown.  It all rolls off my back.  I know I am on the right side.  So, why should I care what evil stupid people say or think of me?  But most of all, my strength and peace comes through knowing God is with us and America is worth it.

Like little David in the Bible, we must boldly confront the two headed Goliath, Obama administration/liberal media.

Why do you think Trump and Palin are doing so well in the polls?  Both are boldly and unapologetically takin' it to Obama and are not kowtowing to the liberal media.  Patriots are frustrated with Republicans pandering and trying to "play nice" with a Democratic Party and liberal media who are relentlessly and viciously attempting to kill us politically.  The Democrats and the liberal media take no prisoners.

Rush Limbaugh says the Democrats and liberal media will tell you who they fear most by the intensity of their attacks.  Who have been numbers one, two, and three on the Democrats' and liberal media's list?  Answer: Donald Trump, Sarah Palin, and the Tea Party.  Brothers and sisters, we can beat them!

How do we defeat them?  In addition to ceasing to fear Obama and his liberal media co-conspirators, we must continue doing what we have been doing.  Patriots must continue following their passion and using their gifts and talents wherever needed in our extraordinary divinely inspired Tea Party Movement.

We are blessed with great minds on our side; patriots are writing books, organizing and conceiving various strategies to take back our country.

While some lament that we lack a central leadership organization or charismatic leader, I am grateful for all of our numerous patriot groups and committed individuals.  Each is driven to politically defeat Obama in its own way.  Their spirit is the tea party.

Just as God's grace guided David's stone to topple Goliath, our stone of truth, honor, and freedom will hit its mark and bring down the two headed evil Goliath of the liberal media and the Obama regime in 2012.

http://www.americanthinker.com/2011/04/tea_party_david_vs_twoheaded_g.html

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