VEEP Joe Biden (D-DE)
Welcome Mr. Biden, this is your first award with many more to come, we’re sure! 
The CBS Early Show, co-host Maggie Rodriguez interviewing Joe Biden: (Emphasis LCs)
“Mr. Vice President, we watched the speech last night with a cross section of Americans, and we asked them if they had any questions for you, and I’d like to share one of them with you from a viewer who had to lay off the most ever staff last year, Hendrickson is his name, and he says, ‘What I’m looking for are real clear details about how the stimulus is really going to help small business.’”
BIDEN: I would recommend that woman call my office directly, and I will be able to guide her as to what pieces of this package would be directly helpful to her. For example, it may very well be that she’s in a circumstance where she is not able, her customers aren’t able to get to her, there’s no transit capability, the bridge going across the creek to get to her business needs repair, may very well be that she’s in a position where she is unable to access the — her energy costs are so high by providing smart meters, by being able to bring down the cost of her workforce.
RODRIGUEZ: By the way, do you know the website?
BIDEN: You know, I’m embarrassed. You know the website number? No, I should have it in front of me, and I don’t.
RODRIGUEZ: All right.
BIDEN: I’m actually embarrassed.
RODRIGUEZ: I’m going to call your office directly, too, and get it later.
BIDEN: It is recovery.gov. Recovery –
RODRIGUEZ: Recovery.
BIDEN: — dot gov.
REPORTER: Is that up and running already?
This reminds us of Mr. Biden on the campaign trail last year:
BIDEN: Chuck Graham, State Senator is here. Stand up, Chuck, let them see you! Oh, God love you. What am I talking about? I’ll tell you what, you’re making everybody else stand up, though, pal, I’ll tell you what, stand up for Chuck!
Mr. Graham was in a wheelchair.
VIDEO of Biden checking on his website “number” and other fine recommendations.
Joe Biden, Moonbat Indeed!
Moonbat is a special feature of Liberally Conservative and posted each Saturday. For previous awards visit Moonbat Awards.
How many times do Barack Hussein Obama and his media shills have to tell us the federal deficit was “inherited” from George W. Bush? The deficit Obama “inherited” was $1.3 trillion and let us remind everyone who was running the purse strings in Congress for two-years – DEMOCRATS!
The deficit Obama inherited equals 9.2 percent of gross domestic product (GDP), said the administration official. Against what had been the recently publicized, cash-based “official” fiscal 2008 (year-ended September 30th) the federal deficit was $454.8 billion. The splurge of TARP money expanded the debt by the time Bush left office and Obama was for the extra cash strap government got by doling out billions more to “stimulate” the economy and we’ve seen how well that hasn’t worked out.
Obama and his ilk in Congress on running up the deficit on a bullet train to nowhere, without adequate debate and many times behind closed doors with their opposition minority party left out of talks. The so-called compromise Susan Collins (R-ME) declared with the last spending package was added back in before the final vote.
Federal outlays will soar in fiscal 2009 to $4 trillion, or 27.7% of GDP, from $3 trillion or 21% of GDP in 2008, and 20% in 2007. This is higher as a share of the economy than any year since 1945, when the country was still mobilized for World War II. It is more spending by far than during the Vietnam War, or during the recessions of 1974-75 or 1981-82. Milton Friedman taught us that spending represents the real future burden on taxpayers.
The 2009 budget deficit is estimated to be 12.7% of GDP! The White House predicts that this will fall back down to 3.5% as soon as 2012, but the devil is in the details as we are about to demonstrate.
Obama Assumptions:
Obama’s assumptions would have you believe tax increases don’t affect anyone but the individual receiving that increase. Mr. Obama has other plans with cute little names that are, in fact, taxes on 100% of the population.
Taxing the rich has a trickledown effect similar to the one when the rich are given a tax break. What happens at the top finds its way into the economy, effects prices, investment, business growth, and job creation or loss.
Obama promised this week that “95% of working families” would not see their taxes rise by “a single dime,” yet his own budget reveals that taxes will rise for 100% of everyone for the sake of global warming. Haven’t we heard this theme before?
Barack Obama explains that “climate revenues” from “cap and trade” expects $78.7 billion in new tax revenue in 2012 while growing to $237 billion through 2014, and at least $646 billion through 2019. This revenue comes from taxing everyone under the cloak of a fancy moniker. 
Government revenue that is spent is a tax and the politicians are unlikely to tell you this. Obama projects that these “climate revenues” will become the sixth largest source of federal receipts by 2019, outpaced only by individual and corporate income taxes, payroll taxes for Social Security and Medicare and (barely) excise taxes. All these taxes come from the entire US population who earns an income or uses products and carbon energy that will be effected by “cap and trade.”
Mr. Obama’s Energy Secretary Steven Chu agrees with our little blog that change is coming and it’s not what we might expect or want.
“The concern about cap and trade in today’s economic climate,” Mr. Chu said, “is that a lot of money might flow to developing countries in a way that might not be completely politically sellable.”
Are we really being sold this great idea or force fed? Congress would create a new property right to expend CO2, setting a price per ton on carbon output, and then Congress would also get to determine the distribution of allowances. The Administration wants all of them to be auctioned off, which is what creates the giant revenue windfall. The politicians would then decide how to spend all of that new “climate revenue.”
Obama’s budget proposes to spend this windfall on two items:
Once cap-and-trade tax is on the books, the revenue stream will create political constituencies that depend on it. Controlling the census from the White House and using taxes to gather more voters is an Obama and liberal plan to stay in control of government by a slick gerrymandering scheme.
The Wall Street Journal brings some light to the new reality of Obama: (Emphasis LCs)
With $1 trillion of new entitlements, $1.4 trillion in new taxes, and $5 trillion in new debt, America’s entrepreneurs aren’t getting any help soon from Washington.
Democrats will want to rush all of this into law this year while Mr. Obama retains his honeymoon aura and they can blame the recession on George W. Bush. But Americans are only beginning to understand the magnitude of Mr. Obama’s ambitions, and how much of their own income will be required to fulfill them. Republicans have an obligation to insist on a long and considerable debate on all of this, lest Americans discover in a year or two that they live in a very different country.
The warnings are out there and anyone paying attention should prescribe from the quote of Howard Beale in the movie “Network.”
“I’m as mad as hell, and I’m not going to take this anymore!”
Do it soon, get involved, write or contact your legislator today. Indeed!
See Also: Obama The Rhetorical Magician
After passing its $787 billion spending bill under the guise of “stimulus” and then attending President Obama’s “fiscal responsibility summit,” the House has approved a bonus hike in the 2009 budget for most domestic agencies of 8%. 
The vote on this “omnibus” bill gives federal programs an extra $32 billion to spend for the seven months left in this fiscal year. And because these increases get added to the spending baseline in setting future budgets, Congress is adding an estimated $108 billion more in outlays over 10 years.
Remember all the promises of transparency in government, first from Nancy Pelosi (D-CA) and then Barack Hussein Obama? Remember the promises of no earmarks?
During the 2008 presidential campaign, candidates Barack Obama and John McCain fought vigorously over who would be toughest on congressional earmarks.
“We need earmark reform,” Obama said in September during a presidential debate in Oxford, Miss. “And when I’m president, I will go line by line to make sure that we are not spending money unwisely.”
The $410 billion omnibus bill has about 9,000 earmarks totaling $7.7 billion. This bill opens the door to federal spending as a share of Gross National Product (GDP) to nearly 28% — by far the highest level since World War II.
“The American people expect bold and rapid action that will create jobs and strengthen our economy for the long-term, reform our health care system to reduce costs and increase coverage, move our nation toward energy independence and a green economy, and modernize education to foster innovation and competitiveness in the global economy,” House Communist-in-Chief Nancy Pelosi said in a statement after the passage of the bill.
Show Me the Earmark Money!
If you really wish to spend some time viewing lobbying firm connections to Capitol Hill make sure you are sitting down. Both sides of the aisle are guilty of the earmark parade and the numbers don’t lie.
“I can find no warrant for such an appropriation in the Constitution; and I do not believe that the power and duty of the General Government ought to be extended to the relief of individual suffering which is in no manner properly related to the public service or benefit. A prevalent tendency to disregard the limited mission of this power and duty should, I think, be steadily resisted, to the end that the lesson should be constantly enforced that, though the people support the Government, the Government should not support the people.” – President Grover Cleveland
With the new tax and spend policies instituted by Obama and Co., the American public should get ready for real doom and gloom for the incentives to do well are being scrapped for Socialist policies despite the fact the Daniel Henninger at The Wall Street Journal would claim that, “This isn’t socialism, but it is not the system we’ve had since the early 1980s.” Mr. Henninger would have us believe this is only a “A Radical Presidency” but we might ask you to stay tuned if you believe Obama is only “radical” and not a full-fledged Socialist.
Even the most basic inspection of the IRS income tax statistics shows that raising taxes on the salaries, dividends and capital gains of those making more than $250,000 can’t possibly raise enough revenue to fund Mr. Obama’s new spending ambitions. This also comes from a more realistic side of The Wall Street Journal.
…IRS data for 2006, the most recent year that such tax data are available and a good year for the economy and “the wealthiest 2%.” Roughly 3.8 million filers had adjusted gross incomes above $200,000 in 2006. (That’s about 7% of all returns; the data aren’t broken down at the $250,000 point.) These people paid about $522 billion in income taxes, or roughly 62% of all federal individual income receipts. The richest 1% — about 1.65 million filers making above $388,806 — paid some $408 billion, or 39.9% of all income tax revenues, while earning about 22% of all reported U.S. income.
Note that federal income taxes are already “progressive” with a 35% top marginal rate, and that Mr. Obama is (so far) proposing to raise it only to 39.6%, plus another two percentage points in hidden deduction phase-outs. He’d also raise capital gains and dividend rates, but those both yield far less revenue than the income tax. These combined increases won’t come close to raising the hundreds of billions of dollars in revenue that Mr. Obama is going to need.
Like Mr. Obama’s Cabinet picks who had “problems” his economy solution is either not planned out well or they will simply go back to more taxpayers and soak them more.
Taxes matter and taxing discourages spending by individuals and especially business. The so-called “rich” will have less money to consume, will save more and invest less to expand business and create real jobs.
Small and medium-sized businesses are the nation’s primary employers, and lower individual tax rates have induced thousands of them to shift from filing under the corporate tax system to the individual system, often as limited liability companies or Subchapter S corporations.
The Tax Foundation calculates that merely restoring the higher, Clinton-era tax rates on the top two brackets would hit 45% to 55% of small-business income, depending on how inclusively “small business” is defined.
Obama promised earmark reform and recently suggested that Congress sacrifice earmarks in the federal budget, but Harry Reid argued that Congress knows better than “faceless bureaucrats” how to spend taxpayer money. However, Obama asked for $740 million in money for special projects during his first three years as a senator.
“I’m proud that we passed the recovery plan free of earmarks, and I want to pass a budget next year that ensures that each dollar we spend reflects only our most important national priorities,” Obama said.
White House press secretary Robert Gibbs said Wednesday that the president has “great concern” over earmarks in the omnibus, but didn’t indicate whether Obama would veto the legislation.
Sen. Daniel Inouye (D-HI) tried to reframe the oft-criticized earmarks by instead referring to them as “congressional initiatives.”
“And if it weren’t for congressional initiatives, a lot of projects and programs that we’re now hailing as good would be dead,” Inouye told The Hill.
By trying to eliminate earmarks, “you’re assuming the only people with brains are the administration people [and] the legislators have no brains,” Inouye added.
If the shoe fits then wear it Mr. Inouye!
While the mainstream media waits with baited breath for the “First Dog” to arrive the new tax and spend administration is the real dog and Barack Obama is the new “lapdog” (see video) of Harry Reid and Nancy Pelosi. Indeed!
See Also: Does Obama Have A Double Standard On Earmarks?
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