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February 7, 2012

Obama’s Equity, Fairness and Justice

by @ 1:11 pm. Filed under Economics, Govt. Regulation, Labor, Law & Justice, Politics, U.S. Constitution

Obama's Shared Sacrifice

Barack Obama is always talking about fairness, shared responsibility, shared sacrifice and justice for all and then he pit’s the so-called “haves” with the so-called “have-nots.” Life isn’t fair but in America you have the opportunity to make it more fair by working hard and trying to make something of yourself, to support your family and to improve your condition and place in life.

I ask, however, what is fair? Is it fair:

- that the wealthiest American’s pay 40-percent of the total federal income tax while the top 10-percent chip in two-thirds?

- that the wealthiest 10-percent of American’s pay more than any other industrialized country?

- that American companies pay a higher corporate tax rate than in any other industrialized country?

- that Barack Obama and many other politicians who write the laws send their children to private schools but deny free choice to the rest of us, particularly, those in poor districts with failing educational systems?

- that entrepreneurs and all private business owners must pay an estate tax of 35-percent, soon to rise to 55-percent after spending a lifetime working, building, hiring, paying taxes at the federal, state and local level when they pass away instead of leaving their earned wealth to family members?

- that self-proclaimed elitists such as the current Treasury Secretary, Timothy Geithner, former Democrat Senate Majority Leader, Tom Daschle, former Ways and Means Chairman Charlie Rangel failed to properly file and pay their taxes?

- that Obama policy such as Obamacare and massive regulations are making the poor poorer, inflicting pain on the middle class and well over 5.5 million citizens have lost their jobs?

- that 88-percent of all political contributions from television producers, reporters and others from the mainstream media went to Democrats during the 2008 election cycle?

- that three  counties with families with the highest median income in America are located in the Washington DC area?

- that so-called green energy companies including solar, wind and ethanol products received billions of dollars in federal subsidies without paying taxes while we oil and gas industry companies pay billions in taxes, supply the majority of energy to America and Obama complains they are “subsidized?”

- that working Americans, many who work multiple jobs, must pay taxes that support unemployment benefits for 99 weeks for those not working with many not looking for work at all?

- that people with legitimate mortgages, who responsibly pay them on time have their tax dollars used to subsidize others who want a housing bailout when then took mortgages on homes knowing they weren’t qualified, couldn’t pay, but acted with greed and deceit but now can’t pay?

- that Barack Obama won’t permit the Keystone XL pipeline which would immediately create 20,000 new American jobs and thousands of indirect jobs to appease to his base and the environmentalists?

- that many of Obama’s largest campaign contributors received enormous federal loan guarantees for investments for green renewable energy projects that went bankrupt?

- that federal employees receive as much as 50-percent more in benefits than their counterparts in the private sector, the people who must pay for those public sector jobs?

- that 50-percent of the federal budget will redistribute income from younger workers to the non-working elderly who are some of the wealthiest Americans?

- that in 27 states a person seeking work is compelled to join a union to get a job and pay dues and retain membership to keep their job?

- that 4 in 10 American households pay zero in federal income taxes a number is on the increase with Obama and his ilk in office?

- that private companies like Boeing are threatened by agencies of the federal government when they build a plant and create jobs in a right-to-work-state as opposed to one infiltrated with union thugs?

- that not only our children and grandchildren but children who have yet to be born will be required, without a vote, to pay on a rising $5 trillion debt accumulated during the current administration without ever receiving any benefits?

No, life isn’t fair, but in America a person by birth is entitled to make their own way, to succeed and have the freedom and liberty to pursue their goals.

Under Barack Obama your freedom and liberty will be encroached upon further. Four more years of Barack Obama will indeed be the end of the Constitutional Republic known as America.

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February 2, 2012

Obama’s Economy Built to Last

by @ 12:43 pm. Filed under Business, Economics, Elections, Politics

Obama - An Economy Built to Last

Yes, you read the headline correctly. Barack Obama has decided not to run from his pathetic economy but to embrace it. And he want’s you to do the same.

Unfortunately, many of the imbeciles of our society, the fawning drones who gasp at his every word, are buying into this Obama farce. The State of the Union speech was generally received poorly but out on the campaign trail in Colorado, Michigan, Iowa, Nevada and Arizona the “Economy Built to Last” theme is receiving rave reviews.

Nearly 6,000 Intel employees in Arizona – young, well-educated technology sophisticates – applauded and cheered Mr. Obama from start to finish. Even when he ripped into those awful American companies with factories overseas, such as their own employer. “An America where we build stuff and make stuff and sell stuff all over the world.”

You might think the best and the brightest would be beyond Mr. Obama’s crude populist pitch. You of course would be wrong. And the Republican’s better wake up very soon to the fact that Obama’s approach will do better than the data driven, with charts and graphs will bore audiences and their eyes will soon glaze over.

Any citizen barely awake, squinting at the text of Obama’s “An Economy Built to Last” will notice what fails to appear – Medicare, Medicaid, Social Security, entitlements and the Patient Protection and Affordable Care Act.

Obama notice nothing of economics but he does know how to read a prepared text of of his teleprompter to excite crowds allowing him to once again convince people that he does, in fact, know best. In his book, “The Audacity of Hope” the word “empathy” was at the heart of his moral code. He will use empathy throughout his speeches to gain the confidence of the crowds. Audacious, indeed!

Candidates in the GOP have a real problem. Obama can go across the country and slam big business and at the same time claim a close relationship with the jobless. No problem, he simply does it. Republican’s don’t get it and they don’t combat it. Team Obama knows this because the predictable Republicans will endlessly quote economic data. Numbers, numbers, numbers – data, data, data – I can hear the audience snoring.

“An economy built to last also means we’ve got to renew American values: fair play, shared responsibility.”

Get used to hearing this, the audiences love it, standing, cheering, applauding. It’s all populist garbage but you’re going to hear it repeatedly if you dare to listen.

Mitt Romney is currently surging and expected to win the GOP nomination. Mr. Romney is a stiff, horrible public speaker and does not get the crowds going wild with his data driven mantra. Mitt Romney is boring most likely will not go after Barack Obama in the way he has gone after Newt Gingrich. Team Romney will not go after Obama’s jugular and this is a problem.

Rick Santorum, on the other hand, demonstrated in the final Florida how it’s done when he repeatedly took Gingrich and Romney to the wood shed for a good beating. Without sending a tough, heartfelt message to American’s you won’t get them excited. Republicans are expecting Obama and his record to win the election for them. This is false hope.

We have 9 months remaining before the November elections and numbers may implode further in the economy but how much of the real data be seen in papers, on TV or the radio. Who will be listening to economics 101?

Rick Santorum is the only GOP candidate who understands that Obama will attempt to marginalize the Republicans. I don’t see a way up for Mr. Santorum but he’s getting my vote in the primaries. I stick to my principles, I can always hold my nose and vote in November as I did in 2008.

Boring won’t win, a real, tough message going after Barack Obama in it’s entirety will win. The big question is – when will Republicans figure this out? The establishment never will, they don’t mind being in the minority as long as they keep their jobs. This is a leadership problem and it won’t go away anytime soon.

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January 27, 2012

Guess What? US Economy Is Not Recovering – Dependency Nation

by @ 2:01 pm. Filed under Business, Economics, Politics

Dependency Nation

If you listen to the news on radio or TV you’re being told the economy is recovering. You’re getting little snippets of information about the unemployment rate going down while leaving out real numbers for underemployed, part-time employment and people who have gone of the unemployment rolls for a variety of reasons.

There are other numbers to look at when considering the state of the economy and when put into the real world of economics you get a different picture – one based on real numbers.

The final, pathetic growth number for 2011 has reported Real GDP increased 1.7 percent in 2011 (that is, from the 2010 annual level to the 2011 annual level), compared with an increase of 3.0 percent in 2010. The increase in real GDP in 2011 primarily reflected positive contributions from personal consumption expenditures (PCE), exports, and nonresidential fixed investment that were partly offset by negative contributions from state and local government spending, private inventory investment, and federal government spending. Imports, which are a subtraction in the calculation of GDP, increased.

If the economy is so wonderful then why, under the administration of Barack Obama, a nation of dependency is being created. Today Obama is out telling anyone who will listen is that he is not the “food stamp president” and is going to his old refrain blaming George W. Bush. Numbers post on this site don’t lie and the factual data displayed in the above graphic provide a real picture discounting one more Obama lie.

“First of all, I don’t put people on food stamps. People become eligible for food stamps. Second of all, the initial expansion of food-stamp eligibility happened under my Republican predecessor, not under me. Number three, when you have a disastrous economic crash that results in 8 million people losing their jobs, more people are going to need more support from government.”

America has been heading off the cliff for many years from bad, big government policies and both parties are too blame, and all administrations. The fact is, Barack Obama and his minions have accelerated the decline.

Direct payments. The amount of money the federal government hands out in direct payments to individuals steadily increased over the past four decades, but shot up under Obama, climbing by almost $600 billion — a 32% increase — in his first three years. And Obama’s last budget called for these payments to climb another $500 billion by 2016, at which point they would account for fully two-thirds of all federal spending.

People getting benefits. According to the Census Bureau 49% now live in homes where at least one person gets a federal benefit — Social Security, workers comp, unemployment, subsidized housing, and the like. That’s up from 44% the year before Obama took office, and way up from 1983, when fewer than a third were government beneficiaries.

Food stamps. This year, more than 46 million (15% of all Americans) will get food stamps. That’s 45% higher than when Obama took office, and twice as high as the average for the previous 40 years. This surge was driven in part by the recession, but also because Obama boosted the benefit amount as part of his stimulus plan.

Disability. The number of people on Social Security disability has steadily climbed since the 1970s, thanks mainly to easier eligibility rules. But their numbers jumped 10% in Obama’s first two years in office, according to the Social Security Administration. That sharp rise was due largely to meager job prospects since the recession ended in 2009. When employment opportunities are scarce, experts note, many who could otherwise work sign up for disability benefits instead.

Keep your ears and eyes wide open America – Democrats and their leader will lie, lie and lie so you better get the facts. Democrats and Republicans have all been guilty of turning the US towards the Left but the Marxists are putting our destruction on a bullet train to hell.

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