"Austerity" Is Actually Government Growth and a Bunch of BS

Base line budgeting, only reduces the rate of growth. If last year the government increased spending by 10% and this year they only increase spending 8%, we are told that government spending is being cut cut cut, killing old people, causing starvation, poverty, babies are dying, pollution is getting worse, employment is being forced up....on and on it goes. Then we are told "austerity" measures are being used. What a bunch of BS.

Summation of Obama's Record to Now

Just summing up Obama's record so far. Now that he doesn't have the fetters of re-election expect more of this but worse. 

-Record four straight years of trillion dollar deficits

-Only president to preside over the downgrade of the US economy.

-Spent a trillion dollars on a failed ‘stimulus’ plan. Most of that money went to unions that put it back in his campaign coffers, and his Wall Street buddies.

-One-third of the national debt is his.

-Added $5.8 trillion to the national debt.

-Record number of people on food stamps.

-Record number of people on disability (people have found out they can do this when their 99 weeks unemployment runs out). Pelosi and many Dems say unemployment stimulates the economy. Yes, it's on vid. I see stupid people.

-Average income has fallen $5,000 per household. Plus, Jan 1 everybody's taxes went up, not just those make over a quarter $Million a year like he promised over and over.

-Al-Qaeda and Muslim Brotherhood on the rise. He's funding the Muslim Brotherhood.

-Last week he handed Afghanistan back to the Taliban. In a year Karzi will take $Millions out of the county and retire, Taliban will be back in control, with the deal just brokered.

Fast and Furious several hundred dead Mexican's and a dead American.

Four dead American's in Benghazi with a cover-up.  

-He quashed getting oil from Canada, quashed getting oil from federal lands and offshore, paid foreign countries to drill, and forced US to be mostly dependent on enemies of America.

Republicans campaigned on this; Debt, economy, energy, jobs, foreign policy, health care. Dems ran on abortion, contraception, Marxism\class warfare. Dems won, it's no longer "the economy stupid". It's about how people "feel". Used to be and economy was trashed by a president, he was voted out. Now the president is voted in because he say's he "cares" and the other guy doesn't because he earned a lot of money.

Republicans are indeed "the Party of Stupid", though I'm somewhat heartened by what Rubio and Jindal are saying. Our problems are, at the source religious. My prescription here. It's in Biblical principals that work 100% of the time they are applied. The Left's vision and principles fail 100% of the time they are tried. Time to smarten up.

Obamanomics: The Record

Clear numbers driven analysis, each economics bill passed and the result. Well worth a few minutes.

http://youtu.be/ZPNjWtwDbso

Simple Explanation of Our Economic Problems

This is the most simple explanation of the dire straits our economy is in. It's a Left vs Conservative view of the problem and solutions without the yelling. Well worth 12min.

http://youtu.be/iwJTORFuG6g


Of course the politicians won't fix the problem. Just look at the beating Paul Ryan takes for even marginal solutions to the problem. 

The National Debt and Federal Budget Deficit Deconstructed - Tony Robbins

More and more popular cultural figures are coming out with the truth of how much trouble we're in. We're glad to see this. 

http://youtu.be/jboTeS9Okak

Bill Whittle did the same about a year ago, with a little different twist since he’s a Conservative here. 

Charles Krauthammer Comments on "President Zero"

“Obama Is President Zero – zero economic expansion, zero jobs, zero ideas on how to cure the economy.”

http://www.mrctv.org/videos/krauthammer-obama-president-zero-zero-economic-expansion-zero-jobs-zero-ideas

Gingrich on the Economy and the President

Don't know if he'd be a effective president, but I've always admired his analysis, and he has always provided in books and papers solutions to the problems he talks about.

http://www.youtube.com/watch?feature=player_embedded&v=XnQ3QPrjGj8

Everything is Worse

Marco Rubio on the results of Obama's policies.

http://www.youtube.com/watch?v=aRg1Yfwg0-8&feature=player_embedded

Economic Freedom & Quality of Life

http://youtu.be/v1U1Jzdghjk

The Obama "Recovery"

This is where we are with the Obama Regime a little half over. A note here that the blame Bush for economic woes, besides not showing leadership, is vacuous since Obama voted for all the economic legislation that contributed to this mess. We also note Conservatives were against TARP and other economic “stimulus” legislation Bush supported.

*Unemployment is at 9.1%, higher than when he took office.

*Boeing got a plant up and running in South Carolina, and now Obama’ National Labor Relations Board is suing on the behalf of union thugs to have the whole thing shut down because they didn’t stay in the pro union Socialist State of Washington. Not only does this administration sue sovereign states (Arizona for enforcing national immigration law)

but is now suing private companies for not opening businesses where they want.

*The first “stimulus” package he and his Socialist Dems signed into office was supposed to keep unemployment below 8%. From January 2009 unemployment has risen from 7.8%

*National Debt has risen from $10.4 trillion to $14.3 trillion. That’s $46,000 for every man, woman and child in America.

*Unfunded liabilities have taken us to somewhere between $60 trillion and $100 trillion in total debt, worse than economically collapsed Greece.

*Hoping lying over and over will stick, Democrat Party Chair Wasserman-Schultz keeps repeating along with Obama that the economy is recovering, jobs are being added, but the lie is not sticking; 58% of citizens don’t believe it.

*Job market down. Manufacturing down. Home sales down. Home foreclosures up. Construction down. Investment down. Consumer confidence down.

Great summation of where we're at.

http://youtu.be/AfdqCmRlbW0

Stop the Nonsense

http://video.foxnews.com/v/985737959001/obama-must-stop-the-nonsense-on-the-economy/

World Collapse Explained in 3 Minutes ( funny vid)

Funny, true.

Views on the Economy

Regarding the economy, the Statist idea of taking massive amounts of money from a few people, pocketing a lot of it, and giving the rest to constituents, as the basis of national fiscal management doesn't work, has never worked, and never will if the desired result is the most amount of wealth and productivity for the most amount of people.

Another analogy is a man with a bucket at a swimming pool. He's dipping the bucket in the deep end, walking to the shallow end and pouring the contents there, thinking he'll make the shallow end deeper.

Waking up to...

Here's a quick glance at what I see this morning.

Tax revenues are down, projected to drop 18% this year. Individual payments to the government (some people call them taxes, Dems call them investments) down 22 percent from a year ago. Corporate income taxes are down 57 percent in that same period. Not surprising when we have an administration take control of several sectors of the economy, attack Wall Street, the oil industry, pushes for increased spending for existing social programs plus creating new ones, and then is trying to ram socialized medicine down the throats of the American people when poll after poll shows half or more of us don't want it. The result of this is that investors, the money guys, are sitting on the sidelines. They aren't going to start new business or invest if they don't know if they will face higher taxes, civil charges, politically correct charges...the administration has made it clear it does not like capitalism, prefers socialism, so the capitalists will sit it out. I think if much more time goes by, they will start investing overseas. Goes back to the question for socialists, 'what do you do when you run out of OPM' (other peoples money)? Tax Cheat Geitner and Rahm Emanuel say they may have to raise taxes on the middle class. That's probably you, dear reader.

I see Dems and RINO's (Republican in Name Only) facing tough town hall meetings. The Dems have sent memos out to politicians and the MSM to demonize these people as right wing extremists and political operatives sent to disrupt. I guess when the Left has riots and break things, disrupt conservative speakers, even physically jump on stage and attack conservative speakers, that's okay...just regular folks do that. But if a Statist politician gets up and regular working folks take off work to question policy; well, damn that right wing conspiracy anyway. I mean, really, what sane person would object to having the government take over every aspect of his/her life?

Talks our Dear Leader have given saying his goal is for a single payer health care system have been found and is getting posted all over the place. The Bamster is saying it's out of context, and has geared up his White House staff and his still existing campaign army (why are they still in place, and who's paying them?)to refute it. Well, context or not, when he says, in two vids I've seen, that his goal is a single payer system, then he wants a single payer system. Below is one of the vids.



Also I read this morning that an estimated 27 million people are now on anti-depressants. Part of it is, I'm sure, is $9.6 billion in U.S. sales. Follow the money.
Then there's justification; more is being reported, more is being diagnosed, pills are cheaper than therapy, to name a few. My view is that it is because the constant campaign against traditional values, church, God, religion, and capitalism (that has provided a stable economic system, except when the gov't intervenes like in the '30's and now). Take away the foundations of society and culture, the people get stressed. The secular society says, take drugs for it; it's okay. Traditionalists say, embrace your family and friends, and God. I've tried both drugs and God. God works better.

It Gets Even Worse

The projected deficit of the US has been hovering around 11 trillion bucks. Not shocking, but certainly disconcerting, is an even more staggering projected $23 trillion, according to the Inspector General, Neil Barofsky. This is the new projected cost for all the bailout and stimulus programs. The GDP of the US is about $14 trillion. We are going trillions in debt beyond our worth as a nation. There are still people, and I know some of them, that still think it's a good idea. If you want evidence it doesn't work, check out Califiornia. They're issuing IOU's, having brown outs, and have runaway government spending still. New Jersy, Michigan, and New York have the same problems. One thing these states have in common is they're run by Statists. The most successful states, Texas and Indiana, are run by Conservatives. It amazes me to no end that people keep voting in politicians that make things worse and have a proven track record of failure, and don't vote in people that have economic policies that work.

Let's try this one more time (no, probably a gazillion more times)...If you let politicians take the people's earnings to pay themselves and their supporters, everybody but them gets poorer. Hellllloooooo.... the Austrian economic model works, the Marxist economic model does not work.

Obamacare Will Save Money

The Statists are in a hurry to confiscate the wealth of small businessmen, adding $540 billion to pay for their health-care reform proposal. House Majority Leader Steny Hoyer (D-Md.) said he couldn't think of any small business owners who make enough money to qualify for the higher taxes. “I don’t know many small business men or women who are making, themselves $280,000 [per year], so I’m not sure that very many small businesses are going to be affected by this.” Say what? “This is a surcharge on people making over $280,000 as an individual, $350,000 [per year] as a couple and it’s graduated, it goes up as you reach $1 million in income.” Someone send this knucklehead a copy of "The Millionaire Next Door".

This is to pay for Obamacare, which, by the way, is supposed to be 'revenue neutral', save the country from bankruptcy, and reduce your individual healthcare costs.

Rep. Phil Gingrey (R-Ga.), (and also a doctor): “Many of these small businesses file [taxes] as subchapter-S or ‘sole proprietors’.” “They’re paying at the same individual tax rate which, once President Obama lets the Bush tax cuts expire in 2011 and they add on this surcharge, you’re talking about a marginal rate of up to 42 percent or higher.” “That’s going to hit right on the backs of many of the small businessmen and women in this country who create most of the jobs,” said Gingrey. “To put this [tax increase] on the back of that is absolutely unconscionable.”

Internal Revenue Service data from 2006 – the most recent year available – nearly 68 percent of small business profits ($470 billion) were reported by people making over $200,000 a year, meaning that the majority of small business profits would be subject to the Democrats’ tax increases.

Guess we have to burn down the village to save it.