Tag Archive: Deficit

Dem/Media Priorities … Gallup ” Only 4% Think Gun Control Is Important Problem ” … 4% For Immigration Also

Filed under: Arrogance, Corruption, Cronyism, Fraud, Gun Control, Guns, Hope and Change, Hypocrisy, Media Bias, Politics — Leave a comment

April 17, 2013

Gallup: Only 4% Of Americans Think Gun Control Is An Important Problem

” Only 4 percent of Americans think guns and gun control are an important problem facing the country, according to Gallup, and far more Americans are concerned about the economy, unemployment and the federal debt.”

” Respondents answered in the following order:

Economy in general                                      24%

Unemployment/Jobs                                     18%

Dissatisfaction with Government                16%

Federal budget deficit/Federal debt             11%

Healthcare                                                     6%

Ethical/Moral/Family decline                            5%

Immigration/Illegal aliens                                4%

Education                                                       4%

Guns/Gun control                                        4%

Situation with North Korea                              4%

Lack of Money                                                  3%

Welfare                                                            2%

Lack of respect for each other                         2%

Poverty/Hunger/Homelessness                        2%

Foreign aid/Focus overseas                              2%

Taxes                                                             2%”

Poll: Americans Not Worried About Immigration, Gun Control (breitbart.com)
By The Numbers: Congress Doesn’t Care What Americans Want, Need Or Believe (personalliberty.com)
Gallup Poll Says Jobs Top Concern, Not Guns or Immigration (hispanicbusiness.com)
Gallup: Only 4% of Americans Think Gun Control is an Important Problem | CNS News (rubinoworld.com)
Gallup: Only 4% of Americans Think Gun Control is an Important Problem (fromthetrenchesworldreport.com)

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Tags: Debt, Deficit, Distraction, Economy, Gallup, Gun Control, Immigration, Important Problems, Jobs, Media Driven Hysteria, Spending, Taxes, The Gallup Organization

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Money For Everyone , Except America

Filed under: Arrogance, Corruption, Debt, Economy, Hope and Change, Hypocrisy, Monetary Policy, Spending, Taxation — 1 Comment

March 17, 2013

Obama Wants $130 Billion to Bail Out Europe

” President Barack Obama wants to double the U.S. quota subscription in the International Monetary Fund (IMF) to $130 billion from its current $65 billion level. This is the foreign aid organization that has been busy bailing out Greece, Portugal, and Ireland with $86.6 billion.

U.S. taxpayers have been responsible for about 20 percent of those bailouts, or approximately $17 billion so far, even as the Eurozone continues to crumble and the debt crisis spreads to Italy and Spain.

Obama’s call to double down comes afterformer Treasury Secretary Timothy Geithner had sworn under oath to the House Financial Services Committee in 2012 that “we have no intention to seek additional U.S. resources for the IMF.” “

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BANK HOLIDAY: Government To Seize 10% Of All Savings & Deposits In Cyprus (secretsofthefed.com)
IMF says Europe’s banking sector still fragile (miamiherald.com)
EXTREMELY DISTURBING: IMF Goes Directly After Bank Depositor Money (economicpolicyjournal.com)
While Americans Focus On Gun Control Central Bankers And Finance Ministers Push For Global Currency (princevega.com)
Eurozone, IMF agree 10-bn-euro Cyprus bailout (worldbulletin.net)

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Tags: Bailouts, Barack Obama, Debt, Deficit, Economy, IMF, International Monetary Fund, National Debt, Sequestration, Timothy Geithner, US Taxpayers

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Fiscal Responsibility From Senate Dems

Filed under: Arrogance, Budget Cuts, Corruption, Culture, Debt, Economy, Entitlements, Hope and Change, Hypocrisy, Monetary Policy, Spending, Taxation — Leave a comment

March 16, 2013

Video: Every Senate Budget Committee Democrat Votes ‘No’ on Balancing the Budget

” Their own plan doesn’t even come close to balancing, of course, and they’re not interested in other ideas to get there. The first Republican amendment they torpedoed yesterday called for increasing federal spending at a clip of “only” 3.4 percent per year over the next decade, rather than the major acceleration that Democrats have advanced. The second proposed making it more procedurally difficult to pass a budget that does not balance with ten years. Watch as each Democrat-aligned committee member votes in lockstep against these provisions. Make no mistake, they are explicitly rejecting a balanced federal budget (the roll call begins at the 1:15 mark):

As a point of fact, Johnson and Sessions are correct on these counts. The Hill and other news organizations have confirmed that Democrats’ budget numbers registerat most $800 billion in deficit reductions over ten years, even setting aside its accelerated spending course. Their exploitation of the unrealistic CBO baseline — which we explained yesterday — renders a number of their “cut” claims even more dubious. Especially dishonest was Murray’s statement (not included the shortened version of the video), er, “in rebut” to Sessions’ amendment, in which she claimed that the new budget, plus previous savings, add up to the Simpson-Bowles recommended level of $4 trillion in deficit relief. Between phony gimmicks and double-counting, she’s not even in the ballpark of $4 trillion, which is probably why Sessions felt compelled to use words like “lie” throughout the hearing. I’ll leave you with liberal commentator Ezra Klein expressing…some skepticism over the Democrats’ first budgetary offering since 2009:

HT/Weasel Zippers

Senate Dem budget includes nearly $1 trillion in new taxes (thehill.com)
BETTER LATE THAN … Senate Dems Release First Budget in Four Years (foxnews.com)
Dem Budget Includes $1.5 Trillion in Tax Hikes (weeklystandard.com)
McConnell Calls Dem Blueprint ‘Most Left-Wing Budget’ of Modern Era (mcconnell.senate.gov)
Senate Dems release budget proposal for the first time in four years (redalertpolitics.com)

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Tags: All Dems Vote No, Congressional Budget Office, Debt, Deficit, No Balanced Budget, Patty Murray, Shame, Spending, United States Senate Committee on the Budget

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Paul Ryan Outlines His New Budget

Video

Filed under: Economy, Politics — Leave a comment

March 15, 2013

Tags: Deficit, Entitlements, Monetary Policy, New Budget, Paul Ryan, Spending, Taxes

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Clueless Economic Leadership Rules The Day

Filed under: Arrogance, Corruption, Cronyism, Culture, Debt, Economy, Monetary Policy, Politics, Spending, Taxation — Leave a comment

March 15, 2013

10 Hilarious Examples Of How Clueless Our Leaders Are About The Economy

” They didn’t see it coming last time either. Back in 2007, President Bush, Federal Reserve Chairman Ben Bernanke and just about every prominent voice in the financial world were all predicting that we would experience tremendous economic prosperity well into the future. In fact, as late as January 2008 Bernanke boldly declared that “the Federal Reserve is not currently forecasting a recession.” At the time, only the “doom and gloomers” were warning that everything was about to fall apart. And of course we all know what happened. But just a few short years later, history seems to be repeating itself. Barack Obama, Federal Reserve Chairman Ben Bernanke and almost every prominent voice in the financial world are all promising that the U.S. “economic recovery” is going to continue even though Europe is coming apart like a 20 dollar suit. But the economic fundamentals tell a different story. Our national debt is more than $6,000,000,000,000 larger than it was back in 2008, the number of Americans on food stamps just hit another brand new all-time record, and the bankers up on Wall Street are selling gigantic mountains of the exact same kind of toxic derivatives that caused so much trouble the last time around. But all of our “leaders” swear that everything is going to be okay. You can believe them if you want, but denial is not just a river in Egypt, and another crash is inevitably coming.

Sadly, many Americans are not even going to see the crash coming because they still have faith in the “experts”. They haven’t figured out that the “experts” really do not know what they are doing.

The blind are leading the blind, and in the end the results are going to be absolutely tragic.

The following are 10 hilarious examples of how clueless our leaders are about the economy…

#1 When I first came across the following chart the other day, it made me chuckle. It is a chart that supposedly tells us the “probability” of a recession, and it was taken from the website of the Federal Reserve Bank of St. Louis. According to the chart, right now there is a 0.16% chance of a recession… “

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10 Examples Of The Clueless Denial About The ‘Real’ Economy (zerohedge.com)

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Tags: Bailouts, Barack Obama, Ben Bernanke, Corruption, Deficit, Federal Reserve Bank of St. Louis, Federal Reserve System, Job Creation, National Debt, Wall Street

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We Have No Spending Problem , Continued

Filed under: Arrogance, Corruption, Cronyism, Culture, Economy, Hope and Change, Idiocy, Lies, Monetary Policy, Politics, Spending, Statism, Taxation — Leave a comment

March 13, 2013

Proposed Dem Budget Increases Spending 62% Over Next Decade

” Senator Patty Murray, the Democratic chair of the Senate Budget Committee, finally released a budget today. Year over year, in this proposed budget, spending jumps dramatically.

For instance, from this year’s budget to next year’s proposed budget, spending would increase by $162 billion. This year, the federal government will spend $3.599 trillion; under Murray’s budget, the federal government would be on track to spend even more.

Over the next decade, spending under Murray’s budget would increase by 62 percent. Here’s a chart from the Republican side of the Senate Budget Committee detailing the increase in spending over the next decade: ” (see above)

As America Burns – Dem Budget Increases Spending 62% Over Next Decade (patdollard.com)
Patty Murray vs. Paul Ryan, in one chart (washingtonpost.com)
BETTER LATE THAN … Senate Dems Release First Budget in Four Years (foxnews.com)
Grand Bargain Taxes, Entitlements Cuts Await Deal-Makers (bloomberg.com)
Senate Dem budget includes nearly $1 trillion in new taxes (thehill.com)
Senate Democrats’ budget plan shows deficits of $400-600 billion (reuters.com)

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Tags: Barack Obama, Debt, Deficit, Democrats Budget, Government Spending, National Debt, Patty Murray, Senate Budget Committee

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That Settles It … Obama Says ” There Is No Debt Crisis ” … You Can All Go Back To Sleep

Filed under: Arrogance, Debt, Economy, Entitlements, Hope and Change, Lies, Monetary Policy, Spending, Taxation — Leave a comment

March 13, 2013

President Obama: There Is No Debt Crisis

” There has been no shortage of dire warnings about the mounting US national debt, but President Obama is now offering a different assessment: no big deal.

“We don’t have an immediate crisis in terms of debt,” President Obama said in an exclusive interview with George Stephanopoulos for “Good Morning America.” “In fact, for the next 10 years, it’s gonna be in a sustainable place.”

It’s an assessment that will throw cold water on the latest attempt to achieve a so-called grand bargain to reduce the deficit. After all, a grand bargain would require excruciatingly difficult decisions for both sides – for Republicans, it would mean raising taxes, and for Democrats, cutting future spending on cherished programs like Social Security and Medicare. If there is no crisis, why would either side do it?

So, what happens if this latest effort to reach a deficit agreement falls through? Once again, the president’s answer was, essentially, no big deal.

“Ultimately, it may be that the differences are just too wide” to get a deal, President Obama said. “That won’t create a crisis. It just means that we will have missed an opportunity.”

No , there is no debt problem …

Transcript: President Obama’s Exclusive Interview With George Stephanopoulos (news.yahoo.com)
Obama tells Stephanopoulos nation’s debt is no biggie; Stephanopoulos fails to ask about Benghazi (twitchy.com)
Obama Rejects Ryan’s Budget, Says ‘My Goal Is Not To Chase A Balanced Budget Just For The Sake Of Balance’ (mediaite.com)
ABC News lands Obama interview (politico.com)
Of Contradictions And Compromise (The Note) (abcnews.go.com)
Obama: Nah, my budget won’t balance (hotair.com)
Watch: Michelle Obama, Other Prominent Americans Allegedly Hacked (abcnews.go.com)

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Tags: Barack Obama, Deficit, Denial, Entitlements, George Stephanopoulos, Good Morning America, Lies, Medicare, National Debt, No Debt Crisis, Social Security

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Veronique de Rugy On Sequestration And Government Spending

Filed under: Corruption, Debt, Economy, Hope and Change, Hypocrisy, Monetary Policy, Spending, Taxation — 1 Comment

March 13, 2013

The Effects Of Sequestration On Federal Spending

” While the sequester is widely advertised as cutting spending over a ten year period, there is no actual reduction in overall spending levels. Rather, the sequester slows the overall growth in spending slightly between 2013 and 2023, with spending increasing by $2.40 trillion during that time period. Spending grows 51 percent, or $1.81 trillion, with sequestration between 2013 and 2021, the period when automatic spending procedures are to be enforced.”

CBO’s Unrealstic Revenue Projections Make the Future Look Pretty Swell! (reason.com)
41 Billion Reasons Not to Sweat the Sequester: 2013 Cuts Are $44 Billion, Not $85 Billion. (reason.com)
Veronique de Rugy on Why Farm Subsidies Must Die (reason.com)
The Truth About Those “Devastating” Sequester Cuts (outsidethebeltway.com)
There Is Good And Bad Austerity, And Italy Chose Bad (theneteconomy.wordpress.com)
How Sequestration Will Affect You (1800politics.com)

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Tags: Barack Obama, Congressional Budget Office, Debt, Deficit, Economy, Government Spending, John Boehner, Mercatus Center, National Budget, Spending Growth, Veronique de Rugy

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Obama – GOP Meeting … Less Time Than It Takes To Make A Tee Shot

Filed under: Arrogance, Budget Cuts, Choice, Corruption, Cronyism, Debt, Economy, Hope and Change, Hypocrisy, Monetary Policy, Politics, Shame, Spending, Taxation — Leave a comment

March 1, 2013

Republican Leaders’ Sequester ‘Meeting’ With Obama: Seven Minutes

” Never let it be said that President Obama has failed to spend time with Republican leaders in seeking an alternative to automatic budget cuts that are due to hit most federal departments Friday. On Wednesday, for example, the president gave GOP lawmakers as much as seven minutes, a rare face-to-face encounter that the White House described as a “meeting.”

The White House’s characterization of this momentary huddle at the Capitol as a meeting illuminates Mr. Obama’s strategy in dealing with Republicans on the budget cuts and other fiscal deadlines.”

If GOP wants to make sequester better, why won’t Obama allow them? (thesunnews.typepad.com)
White House and GOP set to let sequester deadline expire without deal (guardian.co.uk)
Obama Meets with GOP Leaders for Seven Minutes (pjmedia.com)
Haley, GOP governors blast Obama after sequester meeting (hotair.com)
As budget cuts loom, is government shutdown next? (news.yahoo.com)
Republican leaders’ sequester ‘meeting’ with Obama: Seven minutes (grumpyelder.com)

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Tags: 7 Minute Meeting, Barack Obama, Budget Cuts, Deficit, GOP, Sequestration, Spending, Tax Hikes, White House

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A 2% Reduction In Rate Of Growth Equals Austerity ? Someone Buy The “Grey Lady” A Dictionary

Filed under: Arrogance, Debt, Economy, Entitlements, Hope and Change, Hypocrisy, Media Bias, Monetary Policy, Shame, Spending, Taxation — Leave a comment

February 28, 2013

Austerity Kills Government Jobs as Cuts to Budgets Loom

sequester-cartoon-ramirez-3

” The federal government, the nation’s largest consumer and investor, is cutting back at a pace exceeded in the last half-century only by the military demobilizations after the Vietnam War and the cold war.

The reductions are designed to be indiscriminate, cutting everything from air traffic control to nursery schools.

And the turn toward austerity is set to accelerate on Friday if the mandatory federal spending cuts known as sequestration start to take effect as scheduled. Those cuts would join an earlier round of deficit reduction measures passed in 2011 and the wind-down of wars in Iraq and Afghanistan that already have reduced the federal government’s contribution to the nation’s gross domestic product by almost 7 percent in the last two years.”

Left unsaid in all this talk of sequestration , budget “cuts” and austerity is the fact that if this government cannot even find a way to scale back annual growth by a measly 2% without “catastrophic” consequences then ANY HOPE for getting the deficit under control and limiting the endless growth of government is hopeless . If this is in fact the case then we are doomed . You’d better brush up on your Chinese .

Illustration By Michael Ramirez

NY Times Trots Out “Austerity” Regarding Sequester (stoptheaclu.com)
About Those Sequestration ‘Cuts’ And ‘Austerity’… (pjmedia.com)
Cuts In Proposed Increases Are “Austerity Measures” (godfatherpolitics.com)
Yes, We May Well Have a Double Dip This Year. Why Do You Ask? (delong.typepad.com)

Tags: Austerity, Budget Reduction, Deficit, Growth Of Government, Lies, National Debt, NY Times, Sequestration, Spending

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Joe Biden Idiot , Part ? … Oh Hell , We’ve Lost Count

Filed under: Arrogance, Debt, Economy, Idiocy, Joe Biden, Spending — 3 Comments

February 25, 2013

Biden: Americans ‘No Longer Worried’ About Economy

” In remarks today at the White House, Vice President Joe Biden said that Americans don’t have the same economic worries they did when President Barack Obama came into office:

He is right , to a degree … we don’t have the SAME worries … We have countless MORE since he and his boss took over .

Tags: Americans Not Worried About Economy, Crazy Uncle Joe, DC Fantasyland, Debt, Deficit, Depression, Gas Prices, Idiot, Inside the Beltway, Joe Biden, Moron, Out of Touch, Recession, Unemployment

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Limbaugh On The Sequestration “Crisis”

Filed under: Arrogance, Breitbart, Budget Cuts, Corruption, Debt, Economy, Fraud, Hope and Change, Hypocrisy, Law, Lies, Media Bias, Monetary Policy, Politics, Spending, Taxation, Teaparty — Leave a comment

February 22, 2013

LIMBAUGH: ‘FOR THE FIRST TIME IN MY LIFE I AM ASHAMED OF MY COUNTRY’

Did Rush Limbaugh Just Launch A Tea Party Revival Effort?

” Rush Limbaugh opened his show this afternoon proclaiming that for the first time in his career, he was ashamed of his country.

Why? Limbaugh explained that both political parties in Washington refused to stop spending and used alarmist scare tactics every time anyone proposed cuts to government programs.

“To be watching all of this, to have my intelligence – all of us – to have our common sense and intelligence insulted the way it is….it just makes me ashamed,” Limbaugh explained, “Seriously man, here we get worked up over 44 billion dollars – that’s the total amount of money that will not be spent that was scheduled to be spent this year.”

Limbaugh added that the government would continue to spend more money this year than last year in spite of the sequester cuts.”

Limbaugh: I’m ‘ashamed of my country’ (politico.com)
Limbaugh on Sequester: ‘I’m Ashamed of My Country’ (theroot.com)
Rush Limbaugh: “For First Time in My Life, I’m Ashamed of My Country” (Video) (thegatewaypundit.com)
Rush: ‘I’m ashamed of my country’ (wnd.com)

Tags: Budget Cuts, Cuts To Rate Of Growth, Debt, Deficit, Economy, Lies, Rush Limbaugh, Sequestration, Tea Party

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Forgive Us But We Are Having A Hard Time Seeing A Down-Side To Sequestration

Filed under: Arrogance, Civil Discord, Corruption, Cronyism, Culture, Debt, Economy, Entitlements, Hope and Change, Hypocrisy, Liberty, Monetary Policy, Nanny State, Politics, Spending, Statism, Tax Reform Now, Taxation — Leave a comment

February 20, 2013

One Casualty Of The Sequester? Obama’s Entire Legislative Agenda

“ President Obama has been highlighting, with increasing urgency, all the ways in which the sequester – the across-the-board cuts to defense and nondefense discretionary spending scheduled to hit at the end of next week – would be bad for average Americans and could do serious damage to the economy.

What he hasn’t said, but what’s abundantly clear from looking at where the cuts would hit, is that the sequester also would make virtually all of Mr. Obama’s second-term legislative agenda, including a few items that have Republican support, essentially dead on arrival.

At an event Tuesday with first responders whose jobs could be eliminated by the sequester, Obama spelled out the consequences of allowing the cuts to take effect: ”This is not an abstraction,” he said. “People will lose their jobs.

Consider immigration reform, one of Obama’s top legislative priorities. With a bipartisan group of senators currently working on a bill – and with the Republican Party looking for new ways to reach out to Hispanic voters – it appears to have a decent chance of passing. But many conservatives have made clear that they will only support a comprehensive reform bill if it makes securing the border a precondition of giving illegal immigrants a path to citizenship.

And beefing up border security could become all but impossible if the sequester takes effect – since it will force big cuts in the number of border patrol agents.”

As far as we can tell , with the exception of defense and border security cuts , everything else involves cuts to programs that the federal government has no business doing anyway . It would all be better left to the states . Why do we need to send tax dollars to DC so that they can take a cut and then redistribute them back to the states ? In the private sector that is called extortion .

Remember too that we are not really talking about LESS SPENDING , No , just a slower rate of growth in the spending . And another thing … When Obama says ” sequestration will devastate the economy” and kill jobs , think about how many jobs have been created with his trillion dollar “stimulus” scam . THE GOVERNMENT DOES NOT CREATE JOBS ! Except taxpayer funded jobs and that does not ” GROW THE ECONOMY ” !

Obama warns looming sequester would devastate economy (firstread.nbcnews.com)
Wednesday Headlines: The Sequester Strikes Back #SOTR (stacyontheright.com)
ABC confronts Paul Ryan for praising sequester before using it to slam Obama (rawstory.com)
Rand Paul Slaps Obama For Sequester “Histrionics” (stoptheaclu.com)
The Sequester Is Not an Abstraction (realclearpolitics.com)
Hugh Hewitt: Speaker Boehner Spells Out The History of the Obama Sequester (hughhewitt.com)

Tags: Barack Obama, Congress, Debt, Deficit, Hypocrisy, Lower Rate Of Spending Growth, Not Actual Cuts, Sequestration, Taxes

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Sunday Steyn

Filed under: Arrogance, Corruption, Cronyism, Debt, Economy, Hope and Change, Hypocrisy, Monetary Policy, Nanny State, Spending, Statism, Steyn, Taxation — 1 Comment

February 17, 2013

Mark Steyn: Magical Fairyland Budgeting

“I’m also issuing a new goal for America,” declared President Obama at his “State of the Union” on Tuesday. We’ll come to the particular “goal” he “issued” momentarily, but before we do, consider that formulation: Did you know the president of the United States is now in the business of “issuing goals” for his subjects to live up to?

The State of the Union is the opposite. The president gives a performance, extremely animatedly, head swiveling from left-side prompter to right-side prompter, continually urging action now: “Let’s start right away. We can get this done. … We can fix this. … Now is the time to do it. Now is the time to get it done.” And at the end of the speech, nothing gets done, and nothing gets fixed, and, after a few days’ shadowboxing between admirers and detractors willing to pretend it’s some sort of serious legislative agenda, every single word of it is forgotten until the next one.

In that sense, like Beyoncé lip-synching the National Anthem at the Inauguration, the State of the Union embodies the decay of America’s political institutions into a simulacrum of responsible government rather than the real thing, and a simulacrum ever more divorced from the real issues facing the country. “Over the last few years, both parties have worked together to reduce the deficit by more than $2.5 trillion,” said the president. Really? Who knew? “Now we need to finish the job.” Just one more push is all it’ll take.

What’s he on about? The annual “deficit” has been over a trillion for every year of Obama’s presidency. The cumulative deficits have, in fact (to use a quaint expression), increased the national debt by $6 trillion. Yet Obama claims Washington has “reduced the deficit” by $2.5 trillion, and all we need to do is “finish the job.” “

MARK STEYN: ACHIEVE YE THIS GOAL: ‘I’m also issuing a new goal for America,” declared Pres… (pjmedia.com)
Mark Steyn: Fiscal Cliff Bill ‘Signals To World That American Era Is Over’ (patdollard.com)
Author Mark Steyn on Fiscal Cliff Deal: Out-of-Control Spending ‘Signals to World That American Era Is Over’ (foxnewsinsider.com)
Steyn On Sage Grouse , Hawaiian Vacations And Quentin Tarantino (youviewed.com)
Steyn Time (nationalreview.com)

Tags: Arrogance, Barack Obama, Debt, Deficit, Edicts, Imperial President, King Barack, Mark Steyn, State of the Union, Trillions, United States

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Dismal Gallup Numbers … Yet He Begins A Second Term

Filed under: Civil Discord, Corruption, Debt, Economy, Entitlements, Foreign Policy, Gun Rights, Hope and Change, Individualism, Liberty, Military, Nanny State, National Security, Politics, Spending, Taxation — 1 Comment

February 12, 2013

Poll: Americans Don’t Really Like the Job Obama’s Doing

” When President Obama discusses the economy in his State of the Union Address Tuesday night, he will be dealing with an area in which the American public gives him relatively low performance ratings.

The same thing applies to immigration, energy policy, guns, and taxes.

Gallup found that President Obama is heading into his fourth State of the Union address Tuesday night with an overall job approval rating of around 50 percent. But in eight of the nine specific areas measured, more Americans disapprove than approve of the job he’s doing.

In only one category — national defense — did Obama’s approval rating (53 percent) exceed his disapproval rating (44 percent). “

Here are the latest Gallup poll results for the president’s approval ratings …

Gallup Obama 2-7:10-13

Obama Rated Highest on Foreign Affairs, Lowest on Deficit

” If President Obama focuses on the economy in his fourth State of the Union address Tuesday night, as news reports indicate he will do, he will be dealing with an area in which the American public gives him relatively low performance ratings. The president’s 39% rating on handling the economy is essentially the same as the 38% from this time last year, although lower than the ratings of 45% and 44% he received just before and just after last November’s presidential election. Obama received his lowest rating on the economy (26%) in August 2011, in the aftermath of the debt ceiling fight in Washington. Obama earned his highest economic rating, 59%, in February 2009 — in the first measure after he took office.”

Read the entire poll results and details here .

Barack Obama’s approval rating in Texas: Consistently bad (chron.com)
Gallup: Americans Disapprove of Obama Policy on Nearly Every Issue (breitbart.com)
Poll: 45% approve of Obama’s handling of the economy (cbsnews.com)
Poll: Morsi More Popular Than Obama… (addictedtome.newsvine.com)
Poll position: Where does Obama stand? (cnn.com)
Poll: Obama’s approval stands at 52% (cbsnews.com)
Barack Obama Is Pushing Gun Control At Home, But He’s A Killer Abroad (Guardian) (infiniteunknown.net)
Gallup: Obama only gets positive marks on national defense (hotair.com)

Tags: Approval Ratings, Barack Obama, Deficit, Dismal, Gallup, Gallup Poll, Gun Control, Jobs, Poor Economy, SOTU Eve, Spending, Taxation

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Cops Out Of Gas In Dixmoor Illinois

Filed under: Arrogance, Debt, Economy, Hope and Change, Politics, Spending, Statism, Taxation — 2 Comments

February 12, 2013

ILLINOIS TOWN RUNS OUT OF GAS MONEY FOR POLICE CARS

” Dixmoor, Illinois, has a government spending problem. After years of taxing its inhabitants into leaving, resulting in a loss of $600,000 in tax revenue last year, the city has run out of cash to pay for the gas for the town’s police cars. “It’s horrible,” reported Dixmoor Fire Department Chief Thomas Wendt. “My staff had payments bounce today because they didn’t get their checks.” “

Broke Village Doesn’t Have Money To Pay Employees, Fill Vehicles With Gas (chicago.cbslocal.com)
‘Hey Obama Supporters That Hate America’ (jpfinn7.wordpress.com)

Tags: Cop Cars, Deficit, Dixmoor Illinois, No Gas, No Tax Base, Police Chief, Thomas Wendt

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We All Better Learn Chinese Thanks To Comrade Mao Mau

Filed under: Debt, Economy, Entitlements, Foreign Policy, Hope and Change, Monetary Policy, National Security, Politics, Regulation, Shame, Statism, Taxation — Leave a comment

February 11, 2013

China Eclipses U.S. as Biggest Trading Nation

” China surpassed the U.S. to become the world’s biggest trading nation last year as measured by the sum of exports and imports of goods, official figures from both countries show.

U.S. exports and imports of goods last year totaled $3.82 trillion, the U.S. Commerce Department said last week. China’s customs administration reported last month that the country’s trade in goods in 2012 amounted to $3.87 trillion.

China’s growing influence in global commerce threatens to disrupt regional trading blocs as it becomes the most important commercial partner for some countries. Germany may export twice as much to China by the end of the decade as it does to France, estimated Goldman Sachs Group Inc.’s Jim O’Neill.

“It is remarkable that an economy that is only a fraction of the size of the U.S. economy has a larger trading volume,”Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics in Washington, said in an e-mail. The increase isn’t all the result of an undervalued yuan fueling an export boom, as Chinese imports have grown more rapidly than exports since 2007, he said.”

China Eclipses U.S. as Biggest Trading Nation (grumpyelder.com)
China trade now bigger than US (independent.ie)
In World Trade, China Edges Out The U.S. (forbes.com)
China Passes U.S. to Become World’s Biggest Trading Nation (madeinusanews.com)
China trade now bigger than US (sgtreport.com)
China overtakes US in world trade (guardian.co.uk)

Tags: BIGGEST, China, China Surpasses US, Debt, Deficit, Economy, France, Germany, Global Trade, Growth, Jim O'Neill, Market share, Trade, US

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Clint Eastwood Talks Of 536 Empty Chairs

Filed under: Arrogance, Corruption, Cronyism, Culture, Debt, Economy, Hope and Change, Politics — Leave a comment

February 9, 2013

Eastwood Disappointed By Lack O f Bipartisanship

” Halftime in America is over and talking to the chair didn’t work, so Clint Eastwood’s taking his political disappointment directly to the people.

The actor, director and Man With No Name went on CNBC on Friday to lament the lack of bipartisan cooperation in Congress and to give some credit to former Republican Sen. Alan Simpson and former White House chief of staff Erskine Bowles for at least trying back in 2010. He worried aloud that the intractable disputes between both sides of the aisle will lead to political complacency that will only further complicate national politics.

“It’s almost like they don’t give a damn,” Eastwood said. “If they don’t give a damn, why do they expect anybody else to?”

It’s been an unusually active political cycle for Eastwood, whose appearance in Chrysler’s “Halftime in America” Super Bowl ad last year in the middle of primary season made onlookers speculate which side he would take in the 2012 presidential election. He supported John McCain in 2008, but his dissatisfaction with President Barack Obama’s economic policies led him to the Republican National Convention and his conversation with a piece of furniture standing in for the president.”

Clint Eastwood on CNBC: America Needs to Cut Spending (Video) 2-08-13 (nalert.blogspot.com)
Clint Eastwood on debt deadline: If they don’t ‘give a damn,’ why should we? (examiner.com)
Clint Eastwood Slams Congress On Debt Deadline: ‘If They Don’t Give A Damn, Why Did They Expect Anybody Else To?’ (mediaite.com)
Eastwood: If DC Doesn’t ‘Give a Damn,’ How Can We? (redalertpolitics.com)

Tags: Alan Simpson, Barack Obama, Bi-Partisanship, Budget, Clint Eastwood, CNBC, Deficit, Erskine Bowles, Politics

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DEBT LIMIT – A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY

Filed under: Arrogance, Corruption, Cronyism, Debt, Economy, Entitlements, Hope and Change, Politics, Shame, Spending, Taxation — Leave a comment

January 3, 2013

Debt Limit , For The Everyman

Tags: A GUIDE TO, American, DEBT LIMIT, Deficit, FEDERAL DEBT MADE EASY, Spending, Spending Cuts, Taxes

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Yikes !

Filed under: New Media — Leave a comment

October 24, 2012

Mercatus Center at George Mason University

Tags: 2012, Deficit, Federal Budget, George Mason University, Graph, Mercatus Center, Revenue, Spending

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Handy Voter’s Guide From The National Taxpayers Union

Filed under: New Media — Leave a comment

October 24, 2012

Click The Link To Find Your Candidates .

See who’s fiscally responsible in your district before you cast that ballot .

” Today NTU released its comprehensive, interactive ballot guide to help taxpayers in all fifty states navigate the fiscal landscape and make the right choices for lower taxes and less government on November 6^th. Click here to find your state.

The Heritage Foundation’s Robert Rector and Rachel Sheffield explain how the relentless upward trajectory of welfare spending is bankrupting the U.S. at an alarming pace. According to the recent Congressional Research Service report cited in the piece, welfare now costs taxpayers an eye-popping $1 trillion a year.”

Cartoon by Michael Ramirez

Tags: Deficit, Fiscal Responsibility, National Taxpayers Union, NTU, Spending, Tax Reform, Voters Guide

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Battle Won ? War Lost ?

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October 17, 2012

The Tea Party

” Although those asked in this CNN poll said Obama “won the debate” 46-39, look at the responses on who voters find would be better to handle the economy, healthcare, tax policy, and the deficit.

Obama may have “scored style points”, but clearly Romney showed a vision and poked holes in Obama’s record. What do you think of these numbers? “

Tags: CNN, Debate, Deficit, Economy, Healthcare, Post-Debate Polls, ROMNEY, Tax Policy, The Tea Party

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“Moody’s Expects To Cut US Rating Without Deal To Lower Debt/GDP Ratio”

Filed under: New Media — Leave a comment

September 11, 2012

“The following is the text of a statement Tuesday
by rating agency Moody’s:

Budget negotiations during the 2013 Congressional legislative
session will likely determine the direction of the US government’s Aaa
rating and negative outlook, says Moody’s Investors Service in the
report “Update of the Outlook for the US Government Debt Rating.”

If those negotiations lead to specific policies that produce a
stabilization and then downward trend in the ratio of federal debt to
GDP over the medium term, the rating will likely be affirmed and the
outlook returned to stable, says Moody’s.

If those negotiations fail to produce such policies, however,
Moody’s would expect to lower the rating, probably to Aa1.”

Tags: Aaa to Aa1, Congress, Credit Downgrade, Debt, Debt to GDP, Deficit, Moody's, Negotiations, Obama, US Government Debt Rating

Tag Archive: Deficit

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