Why Did It Take Till 1/1/2013?

Just a quick and simple post to note exactly why it took until 1/1/2013 to have the Republicans pass the massive tax and spend bill H.R. 8 to avoid the so-called Fiscal Cliff.

On 1/1/2013, the taxes went up anyway.  Now, the Republicans can spin their vote as an effort to reduce taxes from the increased taxes that were in effect on 1/1/2013.

Aren’t they just great!  Good thing they don’t try to treat us like ignorant peasants like the Democrats do.

h/t io9.com

Fiscal Cliff: Let’s Make A Deal

The solution to the problems in America’s economy, finances, debt, and obligations is certainly NOT for the Federal Government to have more money and control — as if, under Barack Obama’s claim, you just hive him another $100 Billion more per year, all our problems will be solved.

Under Clinton, yes, taxes were higher, but spending was 18% of GDP instead of the current 25% of GDP. THAT h/t http://www.yourcpapartners.com/is why the budget was (closed to being) balanced… …along with the whole of the Congress and President knowing that Newt Gingrich was willing to take the Nuclear Option and shut down the Federal Government.

So, to solve our problems, a true leader, a true conservative/libertarian would introduce legislation and vote to reduce the amount of money taken out of the economy by the Federal Government and reduce the amount of our labors the Federal Government spends.

It’s simple common sense… …that is so uncommon these days.

So, why would any Republican, the party of Fiscal Responsibility, bring legislation to the floor and vote to increase taxes and spending?

There is only one answer:

They care more about their future as a legislator than they do about what’s best for America.

So, when they vote to increase your taxes and increase the money going to the government and increase spending (while calling it deficit reduction), you know that that person is not working for you and the betterment of America.  They are callously voting to ensure their own future is bright at the expense of yours.

Maybe you ought to vote ‘no’ this time when they tell you they are the true conservative/libertarian but their votes show they are not.

Here’s Your Bill

Click here for more information.

HeresYourBill.org

The Real Obama Tax Increase

If the voters authorize your subdivision association to spend $10.00 per year, and they spend $11.00 per year.  That’s a $1.00 increase in taxes that dwellers will be required to pay.  It’s a 10% tax increase.

Now magnify that to the scale of Obama’s 4 years.*  American’s authorized the Federal Government to spend $9,836,745,000,000… …yes, that’s almost $10 Trillion.

Barack Obama and the Democrats spent $14,658,185,000,000 — that’s $14.6 Trillion!

By the logic in the 1st sentence, that’s a $4,821,440,000,000 TAX INCREASE!  Per citizen, that’s a $15,306.16 Tax Increase… …a 49% tax increase.  It’s $4,000 per family just for the interest on Obama’s debt

So much for lowering taxes on 98% of all Americans.

*This reflects fiscal years 2010 – 2013 over which the President presided.

h/t economy.blog.ocregister.com

Government Gone Wild

CBO 2011 Budget Infographic

Out. Of. Control.

Are You Under 30? WAKE UP!

The Heritage Foundation is a leadership organization that performs conservative policy research and analysis.  Below is an analysis of the FY 2013 Obama Budget released last week.

h/t pbs.org

If you are under 30, you need to start thinking about your future.  Are you going to fight for spending cuts?  Or, are you going to be enslaved to paying the Principle (now $15.3 Trillion) and Interest ($450 Billion/yr) for the Trillions that are spent today?

Read their analysis of the budget below.  Pay particular attention to the last few paragraphs:

Obama’s Friends Win Big in Budget

You don’t need to log on to President Barack Obama’s Facebook page to find out who his friends are, and you don’t need to read tea leaves, gaze into a crystal ball, or consult a psychic to learn where his priorities lie. No, you only have to take a look at his 2013 budget, just released on Monday, to see what kind of company the president keeps and to what extent he will go to lend his pals a helping hand.

The folks seated at the president’s head table haven’t changed much in the past few years — the only difference is how much is being served up in the taxpayer-funded buffet. As in the past, the president has plenty of handouts for his big labor buddies. His budget delivers a fourth consecutive annual deficit exceeding $1 trillion — and that spending goes to yet another round of not-so-shovel-ready construction projects and government “investments” totaling $178 billion. Heritage’s Patrick Knudsen writes that the spending includes the president’s favored road, bridge, and school construction projects, but “then they go alarmingly beyond the usual ‘infrastructure’ arguments to fund teachers’ pay.” In other words, unions representing the construction site and the classroom win big.

Other winners in the president’s budget are those who fit into the Administration’s vision of a green economy that is propelled not by the market’s demand, but by Obama’s whim. The 2013 budget proposes to spend $310 million to make solar energy cost-competitive without subsidies by 2020, $290 million to expand R&D on energy efficient manufacturing techniques, and $421 million in fossil energy research and development. Heritage energy expert Nicolas Loris writes that the budget “rejects the notion of a market-based energy industry and wastes taxpayer dollars at a time when we desperately need to curtail out-of-control spending.” In other words, he says, the president’s blueprint is all wrong.

There’s no clearer example of just how wrong the president’s blueprint is than his decision to increase subsidies for electric vehicles like the $41,000 Chevy Volt while ending funding for the D.C. Opportunity Scholarship Program (DCOSP), which gives low-income children in the nation’s capital a chance to escape underperforming schools. The White House intends to increase taxpayer-funded subsidies for those who purchase new-technology vehicles to $10,000 per buyer, up from $7,500. Keep in mind that the average income of a Volt buyer is $175,000 per year. That means that middle-class taxpayers are helping the rich buy pricy, politically correct cars.

With his other hand, President Obama is taking from the poor. The DCOSP provides $8,000 vouchers to 1,600 low-income children in the District of Columbia, empowering them to attend a school that they choose. The program has been a stunning success — though it has drawn criticism from the president’s teachers union allies. If the president gets his way, those children will pay the price.

They won’t be the only ones in their generation, though, who will suffer under the president’s budget. From a big picture perspective, the president’s budget rises from $3.8 trillion to $5.8 trillion in 2022. Putting that into context, that means outlays above 22 percent of gross domestic product — more than twice the New Deal’s share of the economy in its peak years. In constant dollars, outlays are more than three times the peak of World War II. With all that spending, someone will have to pay for it. Whose names will be on the bill? Those under 30 — America’s debt-paying generation. Their entire lives will be dominated by paying down today’s mountains of debt. And some of them are waking up to that fact.

“It will be my generation, rather than the retiring baby boomers, that will be paying off the national debt through higher income taxes,” says Amanda Winkler, 24, a Master’s Student at American University. Shaun Rabenius, 26, is a part-time construction worker and student. He says, “I have never followed politics much, except for when I vote. But in looking at the last decade, the presidencies, and the debt they have accumulated, I am scared out of my mind.”

They’re right to be worried. With a Senate that hasn’t passed a budget in well over 1,000 days and a president who seems intent on spending more, not less, without addressing the country’s underlying budgetary crisis, future generations will soon find that the winners today will make them losers tomorrow.

None of these great and wonderful utopian programs (Medicare, Social Security, Medicaid, Food Stamps, Unemployment Insurance, ObamaCare) will exist when our under-30 citizens reach retirement.  They will have disappeared into the mountain of debt that the current generation-of-selfishness has amassed.

So youngsters, vote on for Obama, because he’s so hip! [sarc]

Wait! You Have Kids?!?!

There isn’t really much you can add to this video:

CBO: The Federal Budget Infographic

I remind you again, that a great place to stay ahead-of-the-news on what’s coming down the pike for legislation is the CBO (www.cbo.gov).  Add yourself to their e-mail list!  I repeat.  Add yourself to their e-mail list!

Today’s release included an Infographic on The Budget, Spending, and Debt.  The graph at the bottom of the Infographic may be accurate, but it belies the truth that the Federal Government is $15 Trillion in Debt.  The GDP is $15 Trillion.  So, the Federal Debt is 100% of the GDP!

The Federal Debt is 100% of the GDP!

Below is a summary of the spending side of the Infographic.  Click on the image to display the entire Infographic.

Obama 32 Month Report Card

Barrack Hussein Obama’s 32 Month Report Card …by Rich Carroll

Copy this article. You will need researched material to mail your liberal friends and/or relatives.  

  • A gallon of regular gasoline the day Obama was inaugurated was $1.79 on average in the U.S. Today that price is $3.59, a 100.6% increase.
  • The number of food stamp recipients has risen since Obama took office from 31,983,716 to 43,200,878, a 35.1% jump.
  • Long term unemployment soared 146.2% during the same 32 month period from 2,600,000 to 6,400,000. Staggering “hope and change” isn’t it?
  • American citizens living in poverty have risen 9.5% from 39,800,000 to 43,600,000, and
  • the number of unemployed has jumped almost 25% from 11,616,000 to 14,485,000 as of August 31, 2011.
  • The number of unemployed blacks has risen from 12.6% at the end of George Bush’s term to 15.8% today, a 25.4% increase, and
  • finally, our national debt is up 34.4% from 10.627 trillion to 14,278 trillion *

Keep these figures in mind as we recount the number of “firsts” for this presidency:

  1. First President to refuse to show a valid birth certificate.
  2. First President to apply for college aid as a foreign student, then deny he was a foreigner.
  3. First President to have a social security number from a state he has never lived in.
  4. First President to preside over a cut to the credit rating of the United States .
  5. First President to violate the War Powers Act.
  6. First President to be held in contempt of court for illegally obstructing oil drilling in the Gulf of Mexico .
  7. First President to defy a Federal Judges court order to cease implementing the Health Care Reform Law.
  8. First President to require all Americans to purchase a product from a third party.
  9. First President to spend a trillion dollars on shovel-ready jobs and later admit there was no such thing as shovel-ready jobs.
  10. First President to abrogate bankruptcy law to turn over control of companies to his union supporters.
  11. First President to by-pass Congress and implement the Dream Act through executive fiat.
  12. First President to order a secret amnesty program that stopped the deportation of illegal immigrants across the U.S. , including those with criminal convictions.
  13. First President to demand a company hand-over $20 billion to one of his political appointees.
  14. First President to terminate Americas ability to put a man in space.
  15. First President to encourage racial discrimination and intimidation at polling places.
  16. First President to have a law signed by an auto-pen without being present.
  17. First President to arbitrarily declare an existing law unconstitutional and refuse to enforce it.
  18. First President to threaten insurance companies if they publicly speak-out on the reasons for their rate increases.
  19. First President to tell a major manufacturing company in which state they are allowed to locate a factory.
  20. First President to file lawsuits against the states he swore an oath to protect (AZ, WI, OH, IN)
  21. First President to withdraw an existing coal permit that had been properly issued years ago.
  22. First President to fire an inspector general of Ameri-corps for catching one of his friends in a corruption case.
  23. First President to appoint 45 Czars to replace elected officials in his office.
  24. First President to golf 73 separate times in his first two and a half years in office.
  25. First President to hide his medical, educational and travel records.
  26. First President to win a Nobel Peace Prize for doing NOTHING to earn it.
  27. First President to coddle American enemies while alienating Americas allies.
  28. First President to publicly bow to Americas enemies while refusing to salute the U.S. Flag.
  29. First President to go on multiple global apology tours.
  30. First President to go on 17 lavish vacations, including date nights and Wednesday evening White House parties for his friends, paid for by the taxpayer.
  31. First President to refuse to wear the U.S. Flag lapel pin.
  32. First President to have 22 personal servants (taxpayer funded) for his wife.
  33. First President to keep a dog trainer on retainer for $102,000.00 a year at taxpayer expense.
  34. First President to repeat “the Holy Qur’an tells us,” and openly admit “the early morning call of the Azan (Islamic call to worship) is the most beautiful sound on earth.”

Remember that 32 months of Obama White House we the people have accumulated national debt at a rate more than 27 times as fast as during the rest of our nation’s entire history, as the Obama’s plan their next extravagant vacation to the Indonesian Island nation of Bali .

Hope and change anyone?

Sources:

  • U.S. Energy Information Administration
  • Wall Street Journal
  • Bureau of Labor Statistics
  • US Dept of Labor
  • Standard & Poors/Case-Shiller
  • Federal Reserve
  • US Treasury
  • Heritage Foundation
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