The Prevaricator-in-Chief put on a stunning performance the other night when he addressed Congress, once again obfuscating every bit of truth. Sure Obama Care will be everything to everyone ... so why wait 4 years to put it in place? Because, despite claims to the contrary President Obama wants to be re-elected before the light of the truth shines on him.
The Obamanation started out lying and kept right on lying all the way through. In my opinion Representative Joe Wilson showed remarkable constraint waiting as long as he did!
To illustrate, I'll stroke the Obamanation like he disingenuously stoked Republicans by first saying that I agree, no where in any of the Obama Care bills does it say there will be death panels. No where. But it doesn't say there won't be either.
Instead the bill advocates death counseling because, well, we could possibly cut costs if old people come to grips with the fact that they will or are dying and eschew expensive end of life treatments.
Question. Unless you are God (in which case this question is totally pointless) how will you know when you are actually going to die? This is not a rhetorical question without consequence. The obvious answer is that YOU DON'T! DOH!
But some people, bless their souls, will opt for the morphine drip and pass on because they will think they are dying and, you know, its the right thing to do for their family, friends and society. They will believe after they have received their "counseling" that they don't want to waste away or spend a bunch of money needlessly. Needlessly? To resort to the same moral rhetoric as the Obamanation if we save or extend just one life for a year, isn't the cost worth it?
So, yeah the "truth" is Obama Care doesn't include death panels, but that is clearly the net effect. Some people will die earlier because they will forgo every medical procedure available to them. Ergo sometimes death counseling will lead to premature deaths. The semantic advantage goes NOT to the Obamanation, but to critics like Rep Wilson and myself who, after examining the facts, undoubtedly believe that the Obamanation lied!
Another thing, I totally agree that Obama Care needs to be paid for before it’s enacted! But what if the costs soar over the Obamanation’s incredibly optimistic cost estimates just like the Congressional Budget Office say they will? Does the bill also contain protections and prohibitions that would render it void and discarded? NAY NAY. Another semantic advantage tending to prove that the Obamanation lied.
For every omission or half truth the Obamanation uttered there was an equal and most likely outcome that he denounced as a scare tactic! It's okay for the Dimwitocrats to assert falsehoods to scare people, but not critics. That's un-American and it sure doesn’t alleviate the inconsistencies and potential for misery that exudes from this liberal, progressive fantasy like stink on poo.
BS you say?? Fine. You don't have to take my word for it, the following WSJ article Medicare for Dummies details many of the Obamanation's manipulations of the truth!
Still not satisfied? OK, what if I said that I could embrace Obama Care IF it included ironclad prohibitions or expirations for every evil that any thinking person knows will happen. Sadly I am on solid ground here because Pelosi, Reid and the rest of the intellectually challenged Dimwitocrats won't include ironclad guarantees because they know the truth. To wit, that the criticisms against the bill are true or have a very high probability of coming about because the bill just doesn’t include exact, unambiguous language of the type that everyone reads and agrees says what it says!
The only explanation that makes any sense to me is that the Obamanation is so enamored of what he perceives will be and surely, rightfully is his place in history, he just can’t let this go. Yes he did make one hell of a fine pitch for Obama Care; but I just don’t believe what this liar is selling. I didn't believe him as candidate Obama and every single one of his actions since he has taken office concretely support that Rep. Wilson and I made the right assessment then as now. Obama lied!
For everyone out there who will think I am merely providing additional noise to the cacophony that is the health care debate I offer the following. I know it would be pointless for me to attempt to educate the Obamanation, but still, if I had a moment to speak with him I would suggest that he embrace the free market reforms advocated by the Cato Institute. I would stress that free market reforms would not be as alluring as his fantasy, but they sure make sense and cost nothing to implement! And from that standpoint alone they deserve a chance, unlike Obama Care which should be absolutely and totally abandoned and soon forgotten!
Showing posts with label Barack Obama. Show all posts
Showing posts with label Barack Obama. Show all posts
Thursday, September 10, 2009
Thursday, July 16, 2009
President Obama's Consciously Dishonest Way
I can certainly see why the left hates Karl Rove so much, his clarity of thinking, factual recall and insights are dead on. So when he takes President Obama to task like he does in his recent WSJ article entitled: The President Moves the Economic Goalposts his observations are devastatingly accurate.
This time Mr. Rove ridicules the President for attempting to redefine what he meant when he said we had to have his stimulus package now so that the economy could start getting immediately better and unemployment would not rise above 9 percent. Well unfortunately the economy hasn't gotten better and unemployment is above 9.5 percent and still rising.
Just before President Obama made his pitch for his must have Stimulus Bill the CBO said that if we did nothing we would be out of this recession by the third or fourth quarter of this year. Now President Obama says that things are going to remain bad for all of this year and most of next. Could it be that President Obama's stimulus bill had the exact opposite effect on the economy? Well of course it has. Anyone with a reasonable intellect knows that pork barrel spending does not equate an investment in revitalizing the economy. It may well be an investment in getting the intellectually challenged likes of Nancy Pelosi, Barney Frank, and a whole host of other liberal Dimwitocrats re-elected, but it ain't gonna help the economy.
And remember how the progressive, liberal media howled at conservative pundits for suggesting that President Obama's plan wasn't gonna work? Where are those same self-serving twits now? I sure wish someone would hold President Obama AND the media accountable now before President Obama and Congress make some even graver mistakes with Cap and Trade, healthcare and worse, a second stimulus package!
This time Mr. Rove ridicules the President for attempting to redefine what he meant when he said we had to have his stimulus package now so that the economy could start getting immediately better and unemployment would not rise above 9 percent. Well unfortunately the economy hasn't gotten better and unemployment is above 9.5 percent and still rising.
Just before President Obama made his pitch for his must have Stimulus Bill the CBO said that if we did nothing we would be out of this recession by the third or fourth quarter of this year. Now President Obama says that things are going to remain bad for all of this year and most of next. Could it be that President Obama's stimulus bill had the exact opposite effect on the economy? Well of course it has. Anyone with a reasonable intellect knows that pork barrel spending does not equate an investment in revitalizing the economy. It may well be an investment in getting the intellectually challenged likes of Nancy Pelosi, Barney Frank, and a whole host of other liberal Dimwitocrats re-elected, but it ain't gonna help the economy.
And remember how the progressive, liberal media howled at conservative pundits for suggesting that President Obama's plan wasn't gonna work? Where are those same self-serving twits now? I sure wish someone would hold President Obama AND the media accountable now before President Obama and Congress make some even graver mistakes with Cap and Trade, healthcare and worse, a second stimulus package!
Sunday, May 3, 2009
Cap and Trade is really a Carbon Tax!
I wonder if the Dimwitocrats who elected the Obamanation understand Cap and Trade or understand how GE and Al Gore are poised to make billions from what is essentially is a TAX on carbon emissions? That's right, the Obamanation is crafting legislation that would give billions to private companies for what should be the governmental function of tax collection.
Cap and Trade is a green initiative to reduce carbon emissions. The government will ration or otherwise set standards for much carbon emissions various industries should produce. If an industry is green then they can probably live within the ration they will be provided. If a company is not green and they go over their ration, then they pay a penalty or they purchase carbon credits from other companies that do not exceed their rationed amount. It is the cottage industry that is in the planning stages to manage the rations, to act as a broker between the green companies and the ones that need extra help that GE and Al Gore are positioning themselves to corner. That's right, the television news station that never said a single bad story about the Obamanation is now poised to reap huge rewards from helping him get elected!!! They both have committed fraud, in my opinion.
Hear me people, if GE and Al Gore think they are about to become incredibly rich based upon their commission activities as a broker based on the amount of revenue that the Obamanation is predicting (TRILLIONS, with a T!!) should not we be worried about who is going to pay that TRILLIONS DOLLARS? Because when push comes to shove, it is going to be you and me who pay. Not the manufacturers or the transportation companies or someone else!! It will be you and me! That's why this is and should be called a CARBON TAX!
Incredibly, and oh so unbelievably ironic, is the fact that the socialist Obamanation is turning to private enterprise to collect his CARBON TAX. Right now the government owns about 50 percent of the banks and GM. So why are they turning to private companies to be Carbon Ration Brokers. Because if the Obamanation actually called Cap and Trade a CARBON TAX, the voters would throw the bum out!!
Let's not delay, let's start doing something now rather that wait until the Obamanation yokes us with another TRILLION dollar debt!
Cap and Trade is a green initiative to reduce carbon emissions. The government will ration or otherwise set standards for much carbon emissions various industries should produce. If an industry is green then they can probably live within the ration they will be provided. If a company is not green and they go over their ration, then they pay a penalty or they purchase carbon credits from other companies that do not exceed their rationed amount. It is the cottage industry that is in the planning stages to manage the rations, to act as a broker between the green companies and the ones that need extra help that GE and Al Gore are positioning themselves to corner. That's right, the television news station that never said a single bad story about the Obamanation is now poised to reap huge rewards from helping him get elected!!! They both have committed fraud, in my opinion.
Hear me people, if GE and Al Gore think they are about to become incredibly rich based upon their commission activities as a broker based on the amount of revenue that the Obamanation is predicting (TRILLIONS, with a T!!) should not we be worried about who is going to pay that TRILLIONS DOLLARS? Because when push comes to shove, it is going to be you and me who pay. Not the manufacturers or the transportation companies or someone else!! It will be you and me! That's why this is and should be called a CARBON TAX!
Incredibly, and oh so unbelievably ironic, is the fact that the socialist Obamanation is turning to private enterprise to collect his CARBON TAX. Right now the government owns about 50 percent of the banks and GM. So why are they turning to private companies to be Carbon Ration Brokers. Because if the Obamanation actually called Cap and Trade a CARBON TAX, the voters would throw the bum out!!
Let's not delay, let's start doing something now rather that wait until the Obamanation yokes us with another TRILLION dollar debt!
Sunday, March 22, 2009
The Obamanation Continues ...
The Obamanation made it all the way through Chicago dirty politics exactly by not being the point man on anything. He promoted himself by associating himself with everything that succeeded. Now, while the economy tanks, the Obamanation is joking with Leno that he bowls like a special Olympian! Obviously the trend continues ... Meanwhile the Obamanation's henchmen, Pelosi, Dodd, Hoyer, Frank, Waxman, Conyers, Waters and others carry out and implement his socialistic "Change." I wonder how he will throw them all under the bus when the economy continues to tank.
When the Obamanation started talking about wealth redistribution the country should have known that he would behave and think like the welfare recipients he organized. Clearly education and hard work mean nothing and the government owes them everything! That the Obamanation wants wealth redistribution after having excelled to the Presidency is incredibly ironic given that he has excelled precisely because he worked and studied hard. I guess in the end, its all about what others can do for you, not what you can do for yourself. How sad.
When the Obamanation started talking about wealth redistribution the country should have known that he would behave and think like the welfare recipients he organized. Clearly education and hard work mean nothing and the government owes them everything! That the Obamanation wants wealth redistribution after having excelled to the Presidency is incredibly ironic given that he has excelled precisely because he worked and studied hard. I guess in the end, its all about what others can do for you, not what you can do for yourself. How sad.
Labels:
Barack Obama,
Barney Frank,
Chris Dodd,
Henry Waxman,
John Conyers,
Maxine Waters
Friday, February 27, 2009
One Big A__ Mistake, America

These fine bumper stickers are available from Patriot Depot. Too bad folks did not learn more about President Obama's past before they voted for him. I agree with with former Bush Press Secretary Tony Fratto who said "Trying to mask huge spending increases under the cloak of 'fiscal responsibility' is the height of audacity."
Sunday, February 8, 2009
Consequences
Speaker Pelosi says we are losing 500 million jobs every month, so we need to act now. According to the Census Bureau Population Clock there are about 306 million people in the U.S. The magnitude of Speaker Pelosi's error makes me wonder if she did not commit some other errors of magnitude when she helped draft the Recovery and Reinvestment Act. Increased spending of the magnitude that contained in the Act will harness our future with an incredible debt.
Simple interest on the Act's trillion dollar spending spree is somewhere in the neighborhood of 35 to 45 billion dollars a year. Can we really afford that?
What got us into this mess were rocketing home prices caused by questionably-qualified mortgages, congressional interference pushing Fannie Mae and Freddie Mac to purchase risky mortgages, lax oversight and unethical congressional behavior and historically low interest rates, all of which was rationalized on sky rocketing home prices. That's right. Rising prices lulled lenders into making 100 percent or no money down mortgages. President Clinton pushed through modifications to the Community Reinvestment Act and Congress, instead of providing oversight pushed Fannie and Freddie to do more and accept ever riskier mortgages. Alan Greenspan contributed by keeping interest rates low. All of which kept home buyers motivated to offer ever higher prices. Prices that everyone relied upon to explain their behavior, which in turn pushed prices higher1!
When the government borrows money, it can take on many forms including notes, bonds and bills. But mostly Government borrowing is more like a uncapped adjustable rate, interest only loans. When the government needs money the Treasury issues various instruments and then according to the terms and conditions contained therein Treasury makes interest payments at various intervals. Currently the long term rates are at about 4.5 percent.
The problem is, for every 1 percent increase in the repayment interest rate, we increase our burden another 10 billion dollars. Since there are no market caps on how much the repayment rate can increase or decrease we can not accurately forecast how much this debt will cost us. If everyone stopped supporting our debt and demanded the repayment of their principal investment, the Government would fail. The bottom line is that no one can say or predict with any clarity what will happen and how much we will eventually owe.
Remember the surge in gas prices? Most industry analysts now agree that the most likely cause of the steep and rapid increase of oil prices was speculators. What if speculators start artificially manipulating the Treasury market. Interest rates could shoot up and our debt could skyrocket.
Consider too that this is a course of action from which we cannot retreat. We cannot default or walk away from our debt because once we accept the money and spend it, we are burdened with the debt until we can retire it and repay principal obligation.
Which gets us back to the Act. President Obama, Speaker Pelosi and myriad others say if we don't spend money now we may never recover. But at what price? No one can say for sure what that price is or what will happen if we pass the bill or if we do not.
Therefore, it is my fervent hope that all the Senators and Representatives think about the consequences of the Act before they cast their vote. I for one hope they stand up to President Obama's and Speaker Pelosi's dire admonition that we must do something and vote NO on the Recovery and Reinvestment Act.
Simple interest on the Act's trillion dollar spending spree is somewhere in the neighborhood of 35 to 45 billion dollars a year. Can we really afford that?
What got us into this mess were rocketing home prices caused by questionably-qualified mortgages, congressional interference pushing Fannie Mae and Freddie Mac to purchase risky mortgages, lax oversight and unethical congressional behavior and historically low interest rates, all of which was rationalized on sky rocketing home prices. That's right. Rising prices lulled lenders into making 100 percent or no money down mortgages. President Clinton pushed through modifications to the Community Reinvestment Act and Congress, instead of providing oversight pushed Fannie and Freddie to do more and accept ever riskier mortgages. Alan Greenspan contributed by keeping interest rates low. All of which kept home buyers motivated to offer ever higher prices. Prices that everyone relied upon to explain their behavior, which in turn pushed prices higher1!
When the government borrows money, it can take on many forms including notes, bonds and bills. But mostly Government borrowing is more like a uncapped adjustable rate, interest only loans. When the government needs money the Treasury issues various instruments and then according to the terms and conditions contained therein Treasury makes interest payments at various intervals. Currently the long term rates are at about 4.5 percent.
The problem is, for every 1 percent increase in the repayment interest rate, we increase our burden another 10 billion dollars. Since there are no market caps on how much the repayment rate can increase or decrease we can not accurately forecast how much this debt will cost us. If everyone stopped supporting our debt and demanded the repayment of their principal investment, the Government would fail. The bottom line is that no one can say or predict with any clarity what will happen and how much we will eventually owe.
Remember the surge in gas prices? Most industry analysts now agree that the most likely cause of the steep and rapid increase of oil prices was speculators. What if speculators start artificially manipulating the Treasury market. Interest rates could shoot up and our debt could skyrocket.
Consider too that this is a course of action from which we cannot retreat. We cannot default or walk away from our debt because once we accept the money and spend it, we are burdened with the debt until we can retire it and repay principal obligation.
Which gets us back to the Act. President Obama, Speaker Pelosi and myriad others say if we don't spend money now we may never recover. But at what price? No one can say for sure what that price is or what will happen if we pass the bill or if we do not.
Therefore, it is my fervent hope that all the Senators and Representatives think about the consequences of the Act before they cast their vote. I for one hope they stand up to President Obama's and Speaker Pelosi's dire admonition that we must do something and vote NO on the Recovery and Reinvestment Act.
Labels:
Barack Obama,
Bill Clinton,
Nancy Pelosi,
stimulus bill
Friday, February 6, 2009
President Obama's Speech to Fellow Dimwitocrats
We are in deep, deep, trouble. There is no way the Dimwitocrat's borrow and spend policy is going to stimulate anything but the national debt. Obama said no earmarks. Wrong. Obama said no partisanship. Wrong. Obama said change. Wrong! Wrong! Wrong! President Obama is the very embodiment of partisan politics he derided during his campaign and a bunch of people hoping for better times bought into the canard and elected a consummate politician.
I did not understand the venom the left spewed at President Bush, but I am beginning to get a sense of it. Especially when President Obama laughed at the debt he inherited like it was not something that he did not need to consider. President Obama was wrong when he said tax cuts were discredited. President Bush and Republicans were voted out of office because of the Iraq war and borrowed spending on the war amplified the mortgage crisis we had been teetering on for years. A mortgage crisis made more terrible by Senator Chris "I did not know I was getting special treatment from Countrywide" Dodd and Barney "Supporting my lover at Fannie Mae is not unethical" Frank.
This is a time for sound fiscal responsibility, not unbridled borrowing and spending. We can not and should not rush into a trillion dollar, pork laden, social engineering experiment. Unfortunately, no one seems strong enough or poised to stop it.
I did not understand the venom the left spewed at President Bush, but I am beginning to get a sense of it. Especially when President Obama laughed at the debt he inherited like it was not something that he did not need to consider. President Obama was wrong when he said tax cuts were discredited. President Bush and Republicans were voted out of office because of the Iraq war and borrowed spending on the war amplified the mortgage crisis we had been teetering on for years. A mortgage crisis made more terrible by Senator Chris "I did not know I was getting special treatment from Countrywide" Dodd and Barney "Supporting my lover at Fannie Mae is not unethical" Frank.
This is a time for sound fiscal responsibility, not unbridled borrowing and spending. We can not and should not rush into a trillion dollar, pork laden, social engineering experiment. Unfortunately, no one seems strong enough or poised to stop it.
Wednesday, October 29, 2008
Obama's True Audacity
Obama’s promise to redistribute the wealth is nothing more than the biggest, pork barrel project any politician has ever tried. Simply put, Obama is trying to buy the election by promising a majority of taxpayers a refund that allegedly will create more jobs? A thousand dollar decrease in taxes will not, in and of itself, provide the incentive to someone making $250K or less to hire someone or start a new business. At the current minimum wage a business owner would need an additional $12K just to cover the payroll. Obama’s plan is nothing more than an elaborate ruse designed to show that he cares more about the majority of Americans earning less than $100K who are mindless enough to allow their vote to be purchased for a tax refund. That is the true audacity of Obama’s hope.
Saturday, October 11, 2008
Representative Frank needs to be Enlightened
Barney Frank says deregulation caused this economic morass. LOL
No Barney, this mess was facilitated by your lack of oversight of Fannie Mae and Freddie Mac.
Your sound bite supports Senator Nobama's felicitous comments, but it is an out right lie. Wall Street is indeed greedy but they were only dealing in the same mortgage securities that you were promoting through the Community Reinvestment Act and your lackadaisical over sight of Fannie and Freddie, probably brought on my your romantic involvement with Fannie Mae executive Herb Moses.
I sincerely hope the people of Massachusetts retire this embarrassment soon!
No Barney, this mess was facilitated by your lack of oversight of Fannie Mae and Freddie Mac.
Your sound bite supports Senator Nobama's felicitous comments, but it is an out right lie. Wall Street is indeed greedy but they were only dealing in the same mortgage securities that you were promoting through the Community Reinvestment Act and your lackadaisical over sight of Fannie and Freddie, probably brought on my your romantic involvement with Fannie Mae executive Herb Moses.
I sincerely hope the people of Massachusetts retire this embarrassment soon!
Labels:
Barack Obama,
Barney Frank,
economy,
mortgage crisis
Deregulation? Nobama the fault lies with YOU!
No Senator Obama, it was not deregulation that caused the economic morass we are in, it was ferocious and persistent protection of Fannie Mae and Freddie Mac by you and Representatives Barney Frank, Maxine Waters, Lacy Clay and Senators Barack Obama, Chris Dodd, Chuck Schummer and Chuck Hagel that enabled Acorn and others like them to give billions in "affordable" mortgages under the Community Reinvestment Act to people who could not afford them. Clearly YOUR policies are not good for America. Everyone needs to view this video on Burning Down the House: What Caused our Economic Crisis to understand that Nobama's philosophies are bad for America.
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