I’ve Got Your Deficit Commission Right Here!

by Joseph C. Phillips at Townhall.com

Even as a bloodbath looms in the November distance, the Obama administration continues to push healthcare because they know that Americans love their entitlements like winos love wine. They are betting the farm that once that fiery warmth begins running through the National body we will not only love national health care, but will fight to defend it. We will also be too glassy eyed to notice that we have suddenly signed away our liberty, becoming slaves to those that serve us. But I digress.

Like wine, entitlements cost money. Sadly the more addicted we become the less money we have to spend on more important and often essential things. The wino lacks food, housing and clothing; the entitlement addict lacks employment, savings and luxury.

Consider that today our national debt stands at roughly $12 trillion or roughly 70% of our gross domestic product or GDP. But wait. We have promised today’s workers Social Security and Medicare benefits totaling another $41 trillion. Toss in another trillion for miscellaneous expenses, and suddenly our debt skyrockets to $54 trillion. In layman’s terms it means in order to pay our future obligations we would need $54 trillion dollars invested today. How much of that money does this nation have sitting around? Zip! Zero! Zilch!

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Tea Party Power to Solve the Debt Problem

by Larry Kudlow at Townhall.com

The New York Times ran a front-page story this week called “Party Gridlock in Washington Feeds New Fear of a Debt Crisis.” As usual, they got it wrong. Instead, the headline should have read, “After Scott Brown’s Astonishing Senate Win in Massachusetts, New Political Gridlock in Washington Could Spell the End of the Liberal Crack-Up We Have Witnessed over the Past Year.”

In fact, gridlock in Washington is good, since it will stop the assault of big government until the end of the year when Congress could be overturned by independents, tea partiers, Republicans, and probably some Democrats as well. Just take a look at the high spirits at the CPAC convention, where tea partiers are reinvigorating conservatives and Republicans.

So let’s take this momentum forward by using it to drain any remaining power from the extravagant spending-and-borrowing assault in Democratic Washington. And let’s especially use this tea-party power to stop Democratic plans for another round of broad-based tax increases.

Take, for example, Obama’s new deficit commission. It’s a bad idea. This commission is a fig leaf to cover up President Obama’s out-of-control budget. It’s a Trojan horse for tax hikes, especially a VAT that would engulf the middle class with up to a 15 percent tax rate on the sale of goods and services. Obama is getting ready to move his lips on the pledge not to raise middle-class taxes. Congressional Republicans must not let him do this.

Here’s the real problem: The Obama budget would take federal spending as a fraction of the economy to 25 percent, roughly a $1 trillion additional spending increase in the out-years. Publicly held federal debt would climb about $18.5 trillion by 2020, more than double what Mr. Obama inherited, rising to almost 80 percent of the economy.

Rather than tax hikes, I say stop the spending. Outside of defense and entitlements, why not roll back the discretionary budget to 2008?

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“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.

More “Chains you can believe in”

Last week we told you about the drastic increase in individual tax receipts included in President Obama’s proposed budget. This week we dug a little deeper and found more interesting numbers the President isn’t mentioning in his rhetoric.

The following charts relate data from the White House Office of Management and Budget’s Summary Tables for Obama’s proposed budget.

Last month, Democrats in the US Senate voted to raise the national debt limit to $14.3 TRILLION–a 15% increase over the current $12.4 TRILLION. But the following two charts show President Obama plans on many more such increases over the next 10 years. In fact, his budget anticipates the national debt will grow to almost $25 TRILLION by the year 2020. Even worse, his plans include taking on more debt than the total output of the economy by 2013! The debt to GDP ratio stood at 83% last year, but the economic genius residing in the White House intends to take it to 105% by the end of the next decade!

It’s also obvious from the preceding charts that President Obama’s talk of cutting the deficit is nothing more than hollow rhetoric. President Bush’s last deficit was around $450 billion. Obama is projecting the smallest deficit over the next 10 years to be more than $700 billion. And his budget predicts a return to TRILLION DOLLAR DEFICITS by 2020!

What’s worse, his projections depend on drastic increases in taxes and extremely optimistic growth in GDP. So the actual numbers are very likely to be worse than he’s predicting.

Another great graphic that points out just how dishonest the President’s rhetoric is comes via The Heritage Foundation. They’ve put together the following chart that shows the difference in OMB’s projections and the Congressional Budget Office’s baseline. The most interesting thing about this comparison is the fact the CBO’s baseline projections are based on current policies and laws, while the President’s projections take into effect his proposed changes in those policies and laws.

In other words, if Obama would leave things as they are, we could expect the CBO’s numbers to be right. But the chart below shows his proposed changes will actually INCREASE the deficit in every one of the next 10 years!

For the President to attempt to sell his budget as one that cuts the deficit is nothing less than outright deceit! The yoke of debt each and every one of us is burdened with becomes heavier with every word Obama reads off his teleprompter.

The National Debt Clock estimates every man, woman and child in the US currently shoulders a share of the National Debt equal to $40,128.80. Assuming the Debt Clock’s estimate of the current US population is accurate, and an annual population growth rate of 3% over the next 10 years, each citizen’s share of the National Debt will grow to $64,182.19 under Obamanomics by 2020.

Obama promised “Hope & Change” on the campaign trail. But his changes are destroying hope and binding us with chains of debt!

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.

Suddenly, Blanche Lincoln (D-AR) remembers her constituents

For the past year, Senator Lincoln has sucked up to President Obama and Harry Reid, voting for Obama’s $787 trillion “Porkulus” bill, his budget that set a record $1.4 trillion deficit (TRIPLING THE OLD RECORD!), and casting several yea votes in the dead of night and even on Christmas Eve to help the Senate pass Harry Reid’s version of Obamacare. Lincoln’s Arkansas constituents wanted none of these, and let the Senator know it.

She ignored them. Lincoln even went so far as to not answer phones on days when important votes were taking place. It took intense negative pressure for the Senator to agree to meet with constituents during the Senate’s August recess last year, and then she made every effort to meet with the few handpicked supporters of the health care legislation and leave out any who opposed her desire for the government run health care system.

By November, she had chosen to stand on the fence for a while to appear deliberative and responsive to the chorus of criticism being leveled from every corner of Arkansas. In the end, she proved that she had always had her mind made up to vote with Obama and Reid. In the face of uncountable calls, emails, and faxes from constituents demanding she vote against Reid’s version of Obamacare, Lincoln cast her vote with the tyrannical Democrats running the White House and Capitol instead of voting for those she supposedly represents.

Now that it’s an election year, she suddenly remembers that she represents folks back home, especially Arkansas’ farmers. Here’s the text of her latest mass email to constituents:

Earlier today, President Obama released his budget proposal for Fiscal Year 2011. As Chairman of the U.S. Senate Committee on Agriculture, Nutrition and Forestry, I am opposed to cuts to programs important to agriculture and rural communities. Throughout my Senate career, I have been a strong, independent voice for Arkansas’s agricultural producers. Now, as Chair of the Senate Agriculture Committee, I am standing up for farmers and ranchers and all of rural America once again by opposing cuts that will harm the hard-working men and women who are the backbone of our rural economy. Put simply, the President’s proposal picks winners and losers. By targeting policies that rural America relies upon, this proposal places a disproportionate burden on the backs of farmers and rural communities. While I too believe we must reduce the federal deficit, we must all share in this responsibility. In 2008, I worked hard to pass a five-year farm bill that was fiscally responsible. This bill contained over $4 billion worth of cuts to farm programs, was completely paid for and did not contribute to the deficit. The Farm Bill is a contract with our farmers that they depend on to make business decisions. Changing the rules in the middle of the game would be detrimental to their operations and would cost us even more jobs in rural America. I thank the President for his recommendations, but Congress writes the budget. I intend to support measures to reduce the deficit but fight many of the President’s proposed cuts that will harm farmers, ranchers and rural communities.

What Lincoln means is now that it’s an election year, I have to stand up for my constituents or I’m guaranteed to lose the election. She’s banking on the long-standing assumption of DC politicians that constituents have short memories. The Senator believes her constituents won’t remember her giving them the finger throughout 2009, if she strokes them behind the ears for the next 9 months.

She’s right the President’s budget picks winners and losers. Just like the “Porkulus” bill, his takeovers of private industry, and his last year’s budget that Lincoln voted for. Now that it’s an election year she can’t bring herself to support his obvious bias that benefits blue states and punishes red states.

Only because it’s an election year!

Don’t be fooled Arkansas. Senator Lincoln will try to appear to address your concerns from now until November. If she’s re-elected, she’ll be right back in the laps of Obama and Reid.

The Spender-in-Chief’s Fiscal Freeze Follies

by Michelle Malkin at Townhall.com

There are more loopholes in President Obama’s proposed “spending freeze” than in an Olympic volleyball net. Gargantuan government entitlements (Social Security, Medicare and Medicaid) are exempt. A half-trillion in unspent stimulus money is exempt. Foreign aid is exempt. The Democrats’ proposed $154 billion jobs bill (Stimulus II) is exempt.

Pet federal education programs will be exempt (including $4 billion for the White House “Race to the Top” standards initiative and an additional $1.35 billion he just requested in the 2011 budget). Green jobs spending will be exempt. (Obama proposed $10 billion in new clean energy spending earlier this month.) Electorally driven tax-credit expansions will be exempt. The health care takeover plan is not included. As even The New York Times reported, the “estimated $250 billion in savings over 10 years would be less than 3 percent of the roughly $9 trillion in additional deficits the government is expected to accumulate over that time.”

Which amounts to a molecule in a drop of the ocean of red ink in which American taxpayers have been drowning.

The current Spender-in-Chief unveiled details of this lofty new work of political fiction on Monday with more fanfare than a new “Twilight” title. It was supposed to be the centerpiece of the State of the Union address. But by Tuesday morning, Obama’s illusion of fiscal discipline had been shredded left, right and center. By Tuesday afternoon, irritated White House spokesman Robert Gibbs was already downplaying the gimmickry. It’s just something Obama will “mention,” Gibbs bristled.

After campaign videos of Obama repeatedly deriding “hatchet”-wielding spending freezes spread like Kudzu across the Internet, official White House blogger Jared Bernstein tried to control the widespread hypocrisy charges:

“During the campaign, you may recall that John McCain touted option 1 — the hatchet approach of an across-the-board freeze.

“The President was critical of that approach then, …

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Better Watch Out AP!

Telling the truth about President Obama’s administration and its policies tends to make enemies.

But the good news for us on the right is this iconic member of the liberal media may be finally shaking itself out of its hypnosis where the Obama administration is concerned, and finally looking for the truth.

Here’s the AP headline of the day:

AP IMPACT: Road projects don’t help unemployment

“Ten months into President Barack Obama’s first economic stimulus plan, a surge in spending on roads and bridges has had no effect on local unemployment and only barely helped the beleaguered construction industry, an Associated Press analysis has found.

Really? Isn’t that what we tried to tell them back when Obama, Pelosi, and Reid were pushing their $787 trillion spending bill?

The AP even challenges the need for a second “stimulus” bill largely based on the same failed model as the first! It seems the news organization is no longer settling for the crumbs that fall in the wake of the omniscient oracle’s passing, because Obama is actively promoting this second round of spending.

There may yet be hope, even for the MSM!

UK’s Daily Mail: Up to two million march on DC

Up to two million people marched to the U.S. Capitol today, carrying signs with slogans such as “Obamacare makes me sick” as they protested the president’s health care plan and what they say is out-of-control spending.

The line of protesters spread across Pennsylvania Avenue for blocks, all the way to the capitol, according to the Washington Homeland Security and Emergency Management Agency.

People were chanting “enough, enough” and “We the People.” Others yelled “You lie, you lie!” and “Pelosi has to go,” referring to California congresswoman Nancy Pelosi.

Read more: http://www.dailymail.co.uk/news/worldnews/article-1213056/Up-million-march-US-Capitol-protest-Obamas-spending-tea-party-demonstration.html#ixzz0R1boUvP7

Interesting take on current direction of the US

This was sent to me in an email, complete with the photos. It was supposedly written by a preacher’s wife, but I have no idea who she is. Whoever wrote it, did a wonderful job of telling the story of the Obama candidacy, presidency, and the aftermath of the American Experiment in Socialism.

Enjoy.

And it came to pass in the Age of Insanity that the people of the land called America , having lost their morals, their initiative, and their will to defend their liberties, chose as their Supreme Leader that person known as “The One.” He emerged from the vapors with a message that had no meaning; but He hypnotized the people telling them, “I am sent to save you.” My lack of experience, my questionable ethics, my monstrous ego, and my association with evil doers are of no consequence. I shall save you with hope and Change. Go, therefore, and proclaim throughout the land that he who proceeded me is evil, that he has defiled the nation, and that all he has built must be destroyed. And the people rejoiced, for even though they knew not what “The One” would do, he had promised that it was good; and they believed. And “The One” said ” We live in the greatest country in the world. Help me change everything about it!” And the people said, “Hallelujah! Change is good!” Then He said, “We are going to tax the rich fat-cats.” And the people said “Sock it to them!” “And redistribute their wealth.” And the people said, “Show us the money!” And the he said, “redistribution of wealth is good for everybody.” And Joe the plumber asked, ” Are you kidding me? You’re going to steal my money and give it to the deadbeats??” And “The One” ridiculed and taunted him, and Joe’s personal records were hacked and publicized. One lone reporter asked, “Isn’t that Marxist policy?” And she was banished from the kingdom! Then a citizen asked, “With no foreign relations experience and having zero military experience or knowledge, how will you deal with radical terrorists?” And “The One” said, “Simple. I shall sit with them and talk with them and show them how nice we really are; and they will forget that they ever wanted to kill us all!” And the people said, “Hallelujah!! We are safe at last, and we can beat our weapons into free cars for the people!” Then “The One” said “I shall give 95% of you lower taxes.” And one, lone voice said, “But 40% of us don’t pay ANY taxes.” So “The One” said, “Then I shall give you some of the taxes the fat-cats pay!” And the people said, “Hallelujah! Show us the money!” Then “The One” said, “I shall tax your Capital Gains when you sell your homes!” And the people yawned and the slumping housing market collapsed. And He said. “I shall mandate employer-funded health care for every worker and raise the minimum wage. And I shall give every person unlimited healthcare and medicine and transportation to the clinics.” And the people said, “Give me some of that!” Then he said, “I shall penalize employers who ship jobs overseas.” And the people said, “Where’s my rebate check?” Then “The One” said, “I shall bankrupt the coal industry and electricity rates will skyrocket!” And the people said, “Coal is dirty, coal is evil, no more coal! But we don’t care for that part about higher electric rates.” So “The One” said, Not to worry. If your rebate isn’t enough to cover your expenses, we shall bail you out. Just sign up with the ACORN and you troubles are over!” Then He said, “Illegal immigrants feel scorned and slighted. Let’s grant them amnesty, Social Security, free education, free lunches, free medical care, bi-lingual signs and guaranteed housing…” And the people said, “Hallelujah!” and they made him king! And so it came to pass that employers, facing spiraling costs and ever-higher taxes, raised their prices and laid off workers. Others simply gave up and went out of business and the economy sank like unto a rock dropped from a cliff. The bank banking industry was destroyed. Manufacturing slowed to a crawl. And more of the people were without a means of support. Then “The One” said, “I am the “the One”- The Messiah – and I’m here to save you! We shall just print more money so everyone will have enough!” But our foreign trading partners said unto Him. “Wait a minute. Your dollar is not worth a pile of camel dung! You will have to pay more… And “The One” said, “Wait a minute. That is unfair!!” And the world said, “Neither are these other idiotic programs you have embraced. Lo, you have become a Socialist state and a second-rate power. Now you shall play by our rules!” And the people cried out, “Alas, alas!! What have we done?” But yea verily, it was too late. The people set upon The One and spat upon him and stoned him, and his name was dung. And the once mighty nation was no more; and the once proud people were without sustenance or shelter or hope. And the Change “The One” had given them was as like unto a poison that had destroyed then and like a whirlwind that consumed all that they had built. And the people beat their chests in despair and cried out in anguish, “give us back our nation and our pride and our hope!!” But it was too late, and their homeland was no more. You may think this a fairy tale, but it’s not. It’s happening RIGHT NOW!

I wish I could take credit for this, but it’s the work an unknown author.