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Political News and Commentary from the Right

“Chains” We Can Believe In

Here’s a little parody about Obama’s broken promises and failed policies we came up with set to the music from Poison’s “Something to believe in.”

Lyrics

Well I see him on the TV
Preachin’ bout the promised land
He tells me to believe what he has to say
And steals the money from my hand.

Some folks still believe him
But I can’t understand why

One long year of failed policies
And longer lines of the unemployed
Who thought they’d voted to bring jobs back
But learned he was only making noise

His stimulus bill spent all our cash
Cap & Trade made unemployment spike
Harry Reid held votes on Obamacare
Way on up into the night.

People back home, they cried out
“Stop this isn’t what we want”

He gave us chains we can believe in
Chains that bind our souls
Chains we can believe in
Chains that bind forevermore.

He promised us transparency
We’d see everything and more
But he got in the White House
And did everything behind closed doors.

He promised he’d cooperate
He’d change the way things are done
But he got off the train in DC
And continued as a partisan

He said he’d have no lobbyists
And then he brought them in

He gave us chains we can believe in
Chains that bind our souls
Chains we can believe in
Chains that bind forevermore.

Sometimes I wish we didn’t know now
The things we didn’t know then

I drive by empty homes on my street
Homes that were foreclosed on
He promised he would save them
But now the neighbors are gone.

But the CEOs on Wall Street
Got their bonuses again this year
And the poor guy who built their houses
He can’t afford to even dry his tears

And it just makes me wonder
How he chooses who loses and wins

He gave us chains we can believe in
Chains that bind our souls
Chains we can believe in
Chains that bind forevermore.

He’s taken away the high road
And now we’re only left the low

Sometimes I wish I didn’t know now
The things I didn’t then

He gave us chains we can believe in.

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February 11, 2010 Posted by | Economy | , , , , , , , , , , , | Leave a comment

Race to Raise the Debt Ceiling

President Obama continues to SAY he will demand deficit neutral legislation from Congress. He continues to PREACH a message of fiscal responsibility. BHO continues to BLAME the Bush administration for every bad piece of economic news released in the wake of Democrats’ unprecedented socialization of the American economy in 2009.

For the first six months of his term, Obama got almost 100% of everything he demanded of his Democrat dominated Congress.

  • He demanded his $787 billion “porkulus” bill be passed to avoid 10% unemployment and the loss of millions more jobs.
    • It passed along party lines and now we have 10% unemployment and millions more lost jobs.
  • He demanded his record budget be passed.
    • Democrats voted for it, Republicans against, and we now have record deficits.
  • He seized control of General Motors and Chrysler claiming it was necessary to make them profitable again.
    • Now the US government and the UAW own the two behemoths. They both remain unprofitable, but their American competitor that DID NOT take a government bailout posted a profit last year.
  • He demanded TARP be expanded so banks would lend money to get the economy moving again.
    • Democrats agreed, the banks got our money, and the credit markets largely remain frozen.
  • He demanded new legislation to stem the flow of home foreclosures.
    • Democrats obliged and now we continue to see record numbers of people losing their homes.

Though President Barack Hussein Obama continues to blame former President George Bush for all the evils in the world, the current President’s solutions have been implemented and solved absolutely nothing!

Now, Democrats in the US Senate have voted to increase the federal debt ceiling by $1.9 trillion to $14.3 trillion from the current $12.4 trillion. The US House will soon vote to do likewise. And today we have yet another reminder of the utter failure of Obama’s economic policies.

According to the US Treasury Department, the federal debt will reach the current debt ceiling of $12.3 trillion by month’s end! No wonder Obama’s in a hurry to raise the limit.

If Congress refuses to allow the President to borrow more, BHO will run out of OUR money to spend! He’ll no longer be able to mortgage our children’s future to buy a few votes. He’ll no longer be able to fund his goon squads at ACORN, SEIU, and the New Black Panther Party! He might even have to slow down his jet setting around in Air Force 1 if the US line of credit becomes maxed out.

Write, call, and email your US Representatives and demand they NOT increase the debt limit. If the President won’t voluntarily cut spending, if he’s going to keep saying one thing and doing another, let’s cut up his credit card and send him the message that it’s time he learn to get by the way ordinary Americans do when times are tough.

We’ve been tightening our belts! It’s time Uncle Sam pulled his a couple of notches tighter.

February 3, 2010 Posted by | Economy | , , , , , , | Leave a comment

Our Children are Going to Pay

by Curtis Coleman, Arkansas GOP candidate for US Senate

Sen. Blanche Lincoln (D-AR) voted to borrow another $1.9 TRILLION this past week…and our children are going to pay. What kind of immorality is this that we are recklessly throwing away our children’s future? What happened to us that we care more about our comfort than their freedom?

Of course, Sen. Lincoln had little choice since she and her cohorts in Congress have been consistently spending more than is coming in. It’s called deficit spending. If it continues, it inevitably leads to bankruptcy. Which is where the U.S. is headed on a high-speed train.

There is a very important distinction between a deficit and the debt. Deficit spending means we’re spending more than we’re taking in. Debt is what results from deficit spending. The deficit is how much we are borrowing. The debt is how much we have already borrowed from lenders like China.

So, as a country we have already borrowed $12,400,000,000,000 to finance our deficit spending. That’s our debt. President Obama is now asking us to spend $1,700,000,000,000 more in 2010 than the federal government’s projected income. That amount will be our deficit this year. The result? We’ll have a new total debt of $14,100,000,000,000 at the end of year. Let me bring this closer to home. This debt is not the money somebody else owes. This is the money you owe. The only money the government has is your money.

Your portion is $45,000. Pay up, please! Don’t have it? Well, then we’ll have to borrow it from somebody (probably the Chinese if they’ll still lend it to us). So our children will have to pay it back – plus interest.

Is this really okay with you?

The POLR (Pelosi/Obama/Lincoln/Reid) Administration is now talking about reducing the deficit starting next year. (That’s kind of like me starting a diet- tomorrow.) All that means is that we’ll slow how fast we’re still borrowing money! We must stop deficit spending, but we must also attack the debt. Our country’s debt is a clear and present danger, an urgent matter of national security, and it must be attacked as our worst enemy.

What is the solution?

Well, let’s start with the profoundly obvious: Spend less than we have. When our outgo exceeds our income, our overhead will be our downfall. So, we can either increase our income or decrease our outgo. Or do both!

First, how do we increase our income? The liberals believe we do that by increasing taxes. That approach seems to make sense – but it doesn’t. Our economic history has consistently shown that when we increase taxes, we suppress growth in our economy and discourage initiative and achievement in our people. The government ends up taking a bigger piece of a shrinking pie. This process is a death spiral – and one the U.S. is on today.

What we must do is allow U.S. businesses and individuals to generate more income by (1) reducing taxes and (2) getting a stifling, smothering, anti-business bureaucracy out of our faces, out of our offices, and out of our pocketbooks. Our economic history has consistently shown that reducing taxes creates economic growth. The result is government can take a smaller piece of a much bigger pie and still increase its income. When Americans discover that they get to keep more of the income they generate, they’ll generate a lot more income – and the pie gets even bigger! But government’s intrusion into every aspect of our economy creates huge inefficiencies as businesses and individuals must deal with the demands placed upon them.

Increasing income is only ½ of the solution. We must also decrease our outgo. How do we do that?

The cost of government has gotten too big because the size of government has gotten too big. We reduce the cost of government by reducing the size of government. Easier said than done? You bet!

So where do we start? Well, you can poke the federal government just about anywhere and hit fat, so our choices are almost endless. Let’s start with eliminating some of these bloated, competitive, and duplicative bureaucracies. (I’ve been in the food safety business for the last decade. I’ve been told that there are as many as 17 different federal agencies that regulate food safety. That over-regulation could explain why we don’t have safer food – and a budget deficit!)

We must rein in some terribly out-of-bounds if not out-of-control federal agencies such as the EPA, which has become something like a 21st century American Gestapo. It recently told Congress that it will do by regulation what Congress refuses to do by legislation. When a federal agency blackmails Congress, it is time for that bureaucracy to have its wings clipped and its chain dramatically shortened.

But more fundamentally and much more importantly, we must make a multi-generational commitment to return and reshape the federal government to the original prescription of the Constitution.

The biggest challenge to reducing the size of the federal government is the inevitable battle over what we will be cut and what will be kept. Those decisions – though painful – are not as difficult as they are made to seem. We already have an adopted blueprint for the role of the federal government. It’s called the Constitution of the United States of America. It clearly defines what the federal government is supposed to do, and perhaps more importantly, what the federal government is not supposed to do.

We are far adrift from its prescription. If we’re going to survive this seemingly insoluble situation, we must make the commitment – an indisputable, multi-generational and solemn commitment – to reshape and restore the federal government according to the Constitution’s prescription.

This is the fundamental battle we must fight and win in Congress. We start now and we must not waver nor be deterred. We must put – not just politicians – but leaders in Congress; bulldogs instead of blue dogs; warriors who understand that nothing less than liberty and freedom for our children and their children are at stake.

If you agree that the battle to win the U.S. Senate seat in Arkansas will be nothing compared to the battle that must be fought after we win this seat, please stand with me by contributing your time and money. Please make the most generous contribution you possibly can today at www.CurtisColeman.com. This is the time to use every resource and leverage every relationship we have to carry this fight to Washington.

Thank you for standing with me in this fight for freedom!

February 1, 2010 Posted by | Economy, Election 2010, Obama | , , , , , , , , , | 1 Comment

Take a Good Look…

…at what President Obama has done to the national debt.

And it doesn’t matter how many times he repeats the lie that his Obamacare will not add to the deficit, it will unless he breaks another promise not to raise taxes on the middle class. The non-partisan Congressional Budget Office has already pointed out it will. And the scary thing is that so many are still on board with this plan that promises rationed care, government control, the death of the private insurance companies, taxpayer funded abortions, a new Health Care Czar with as yet to be determined powers over our very lives, and new direct government access to our bank accounts. Even 40% supporting such a plan is too much and it means we’ve got to work much harder to convince the last holdouts.

Here’s the link to the Heritage Foundation article where I found this chart.

August 29, 2009 Posted by | Health Care | , , , , , , , , | Leave a comment

Obamanomics Supporters – Cracks in the Dike

by Larry Elder at Townhall.com

While the media stopped to cover Michael Jackson’s death, several tremors rocked the foundation of something that actually affects us all — Obamanomics.

First, former Secretary of State Colin Powell, who supported the President over his Republican rival, criticized Obama’s spending, saying “we can’t pay for it all.” Powell said: “I’m concerned at the number of programs that are being presented, the bills associated with these programs and the additional government that will be needed to execute them. … One of the cautions that has to be given to the President — and I’ve talked to some of his people about this — is that you can’t have so many things on the table that you can’t absorb it all.”

Second, a few days ago, respected British economist Tim Congdon dusted off a 2003 paper — written pre-Obama spending — by the Federal Reserve’s senior economist. It warned of the nation’s growing debt and deficit, calculating their impact on long-term interest rates. The Fed’s conclusion? “A percentage point increase in the projected deficit-to-GDP ratio raises the 10-year bond rate expected to prevail five years into the future by 20 to 40 basis points. … Similarly, a percentage point increase in the projected debt-to-GDP ratio raises future interest rates by about 4 to 5 basis points.” In plain English, this means, as Congdon puts it, a “debt explosion.” Applying the 2003 paper’s calculations and assumptions to our debt and deficit numbers under Obama, Congdon sees the “horrifying” consequences of bank bailouts and increased public spending.

Third, billionaire/Obama supporter Warren Buffett warned of impending inflation caused by increased government spending.

More

July 9, 2009 Posted by | Economy | , , , , , , | 1 Comment

Why we DON’T need Obama’s Generational Theft Act

Brian Reidl with the Heritage Foundation debates Center for American Progress’ James Kvaal on C-SPAN.  It’s almost an hour long, but this message needs to be heard!

Enjoy.

January 10, 2009 Posted by | Economy | , , , , , , , , | Leave a comment

Uncle Sam as Santa Claus

Spotted at ARRA News Service

Best political cartoon I’ve seen in a while!

Merry Christmas kids! Be sure to thank Uncle Sam.

December 26, 2008 Posted by | Bailout | , , , , | Leave a comment

Bailout payout tops $8 trillion

by Jeanne Cummings at Politico

Your Kid in a Few Years

Your Kid in a Few Years

As the holiday season commences, it’s worth taking stock of the last gift that President George W. Bush and the 110th Congress have left for U.S. taxpayers.

It’s a package of about $8.7 trillion dollars’ worth of potential taxpayer commitments for loans, guarantees and other bailout goodies for businesses and distressed homeowners.

Amid the tissue paper:

• More than $1.5 trillion in Federal Deposit Insurance Corp. loan guarantees, including a $139 billion assist to the lending arm of General Electric Corp.

• $1.8 trillion in cash, tax breaks and loan guarantees doled out from the Treasury Department to taxpayers, financial institutions and credit companies.

• $300 billion for homeowners from the Federal Housing Authority.

• $25 billion in assistance for auto companies from a program overseen by the Energy Department, which is separate from the bailout proposal that tanked last week in the Senate.

• And $5 trillion worth of new money, loan guarantees and loosened lending requirements from the Federal Reserve Bank.

…(Read full article)

December 16, 2008 Posted by | Bailout | , , , , , , , , , | 1 Comment