Category Archives: Fiscal Responsibility

Timmy Geithner Says Tax Increases are Better than Spending Cuts

More Spending to Cure Overspending sounds Wrong But You Don’t Know How to Prove It?

Kodak, the Post Office, Capitalism and Thomas Sowell

The Only Credible Threat to the United States: OUR OWN POLITICIANS!

What Is the Government Good For?

Hospitable Hospitals Housing Illegal Guests in the Big Apple

Predictions of a Blind Prophet…2012

Green Swamp of Corruption, Illustrated…

U.S. & E.U. Banks: Government-Made Zombies Lurching Toward the End

Politicians and Government Have A Conflict of Interests That Is Wrecking America

E.U. Forcing Swiss Banks To Return Greek Depositor’s Money To Greece?

Under GOP Controlled House, Federal Debt Has Risen $6,766 per Household

The Euro and the Dollar Aren’t Real, Anymore…Try Doubloons!

Obama Loans $529 M to Create Jobs…In Finland!

Europe’s Going Off the Edge, Pulling U.S. After…

U.S. Handing Space to China?

Dems Have Added Jobs! (Federal Jobs…)

Romney Just Another Keynesian Spender?

America’s Wealth Machine: In Reverse!

Is Iraq Today Worth $1 T, 5,000 Dead and 30,000 Injured?

Rhetorical Me.

If the government creates a debt so big that persons who are not old enough to vote or have not yet been born will have to pay for it, is that not in effect, Taxation Without Representation? just sayin’…

So, Who Pays for Bridges, Roads, Sewers and other Civilizing Infrastructure

A/P: Playing Politics With Real People’s Poverty

Republicans Busted Health Care Before Obama Did-And Don’t Want to Fix It!

Kettle Advises Pot: Treas Sec Geithner Goes to Euro Debt Meeting

A Creeping Economic Plague Called: REALITY

Hit or Myth? Political Swindles We Fall For…

Mortgage Foreclosures Ramp Upward at B of A

Is Social Security A Ponzi Scheme & Can It Be Fixed?

Free Wood Halted; Cost Too Much

“Free Wood Program Halted” was the Albuquerque Journal’s notice that New Mexico no longer allowed citizens to cut free firewood on state grazing leases. In the past, three such sites were open each Fall.

Why no more? Too expensive, said the State Land Commissioner; “we’ve been spending $75,000 a year administering the program.”

OMG!!! Any bureaucrat who can spend that much letting citizens cut free wood in three rural locations for three months a year ought to be up for: Creative Bureaucrat of the Year!

No wonder our government has gone broke “helping” us…

How much more can go wrong?

Life in the (not so Golden) People’s Republic of California

Feds Suing Big Banks for Following Orders

Taxpayers Miraculously Fund Strip Club

Business Insider: The Rapidly Shrinking U.S. Middle Class

Obama’s economic policy is a one-trick pony

Rich World Financial Failure Is’nt Rocket Science-It’s Just Lied About

Proof that Congress Has No Excuse!

The Government Is Giving Middle Class Income to the Rich!

Post Office Needs Federal Bailout to Pay Back…the Federal Government

NewsFlash: Not Enough Rich to Soak

Guess what: the IRS looked through it’s database and has declared that there are not enough “rich” people out there to pay off the debt or really make much of a dent. The Daily Mail article IRS: Not Enough Rich to Cover the Deficit says it all. Enjoy!

Fate Worse than Debt?

The debate seemed to be: Raise the Debt Ceiling or Don’t Raise the Debt Ceiling?
Really? How about: This Whole Thing Could have Been Easily Avoided If We Stopped Buying DEBT! Pay it down. Zero Debt NOW. Mandate: All pork barrel spending automatically goes toward the debt until its Gone.
Step One: Last Years Revenues? THAT’s your baseline budget. No more legislating dollar amount spending:The NEW deal is a percentage of Last Years Revenue. Shave off -I dunno- 20%? off the top for the debt. The other 80% is what congress has to work with. The amount is decided, only how big of a slice goes where is left to decide. End of story, Morning Glory.

Marco Rubio is a Stud

Deficit Ceiling: The Great Manufactured Political Crisis of 2011

Cocky Obama Spams Twitter: Loses 40K Followers in One Day

The Federal Government is a Big Mess

Ding Dong the Witch is Nuts

Observe the European Union and Learn- Before it is too Late

Observe the European Union and Learn- Before it is too Late.

Today, while reading my morning dose of news, I came upon two articles on the European Union’s ‘desperate’ attempts to stop the financial meltdown (which they call a ‘contagion’) of Greece. I knew I would find something there, but the first article only gave the outline of events. So I read the second article. And there it was. Just like I knew it would be. But later about that. Let’s start at the beginning. The article opens with:

“BRUSSELS — Euro zone leaders were set to give their
financial rescue fund sweeping new powers to prevent contagion and help Greece
overcome its debt crisis, according to the draft conclusions of an emergency
summit on Thursday.”

The way I describe ‘instinct’ to my children is to have them imagine two antennae on their foreheads. I tell them, “When they wiggle, trust them. The more you trust them, the better you will come to understand them.” Well. My antennae not only wiggled, but they danced the two-step! “Sweeping new powers”, huh? That is never good. I read on. continue reading..

Everyday Economics of Saving the Planet

IS HE LYING, OR HAS HE JUST LOST IT?

Obama Says Increase in Unemployment Rate Proves Stimulus Worked!

HUH?

QUESTION: Can an increase in the unemployment   rate be viewed as positive proof that Barack Obama’s “stimulus” package has worked? 

ANSWER: Of course it can. On Planet Obama, that is. Just three days after the Labor Department announced that unemployment rose to 9.2% in June, Obama said that the loss of more jobs proved that his $830 billion “stimulus” plan worked.

“Now, without re-litigating the past, I am absolutely convinced and the vast majority of economists are convinced that the steps we took in the recovery act saved millions of people their jobs, or created a whole bunch of jobs. And, part of the evidence of that, as you see instances of the recovery act phasing out.” 
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The Disingenuous Misadventures of Captain Stimulus and the Unemployment Monster

WHO, ME? WHAT? HUH? WHAT DID I DO? WHAT? WHO? WHAT? ME???

THAT DITCH DOESN’T LOOK SO BAD AFTER ALL, DOES IT?

Every time I write an article on Barack Obama and the sorry state of the economy, I tell myself, “This will be the last one – at least for awhile.” And then? I renege. Why? New unemployment data comes out, our buck-passer-in-chief says something ridiculous, or as luck would have it today – both things happen at the same time. That’s when the fun starts.

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Meanwhile, Back at the White House…

UNEMPLOYMENT RISES TO 9.2%; HIRING AT A STANDSTILL

Today’s unemployment rate is bad news for the Obama Administration and American workers alike. Hiring slowed to a near-standstill last month, as employers added the f fewest number of jobs in nine months. Oh – and the unemployment rate rose to 9.2%.
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Obamanomics: ‘Stimulus’ Has Cost $278,000 per Job!

OBAMA’S HAND-PICKED ECONOMISTS POO-POO ‘STIMULUS’

The presidency of Barack Obama would be hysterical – if it were not so dangerous to the United States of America. Now, the White House’s Council of Economic Advisors, (a group of three economists who were all handpicked by Captain Awesome himself)reports that Captain A’s “stimulus package” has added or saved just under 2.4 million jobs – whether private or public – at a cost (to date) of $666 billion. That’s a cost to taxpayers of $278,000 per job.  
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It Helps To Have Experience

I Created 2.1 Million Jobs and the Cow Jumped Over the Moon

OBAMA REGIME EDITS LAUGHTER OUT OF TRANSCRIPT

At a Monday evening fundraiser, Barack Obama claimed that his administration has created 2.1 million jobs under his “stimulus” plan - and DNC donors laughed out loud.

“Over the last 15 months we’ve created over 2.1 million private sector jobs.” (Laughter)  

BWAHAHA! 

Here’s this morning’s official press release from the White House:
Read the rest of this entry

The $20 Worth of Gas a Week Game

China’s Hu: A New World Order?

CHINA’S HU JINTAO CALLS FOR GLOBAL GOVERNANCE WITH INCREASED ROLL FOR  CHINA AND RUSSIA OVER WORLD’S ECONOMIC SYSTEM

The Rat must once again admit his ancient beginnings. When I read this story, my mind wandered back to an old Bob Dylan song – from a simpler time, when its meaning was less foreboding – and easier to accept. The times are a-changin’ and it’s a sobering thought. Read the rest of this entry

The United States is Broke: Stop Sending Billions to Pakistan & States Who Hate Us

The United States is Broke: Stop Sending Billions to Pakistan & States Who Hate Us.

If I send $500 to my sister and she turns around and robs my household, I don’t think I would send her any more money. Would you?

I have learned that common sense, honor, trust, and all ‘the old verities’ William Faulkner talked about can only be found in the individual, not the group. The only human characteristics that seem to ‘bubble’ up to the larger, group entity are the bad ones. Like greed & self preservation. But also, a kind of stupidity that lacks any common sense- the group has no instinct whatsoever.

The United States sends billions of dollars to states around the world that hate our guts. The individuals hate us and the body of government hates us. They laugh with glee as they pocket our money, use it for nuclear weapons to threaten India & us with, and humiliate us as.. continue reading..

Silly Science or Serious Research?

Just Exactly Where is the Center and Does it Really Matter?

GM Disappoints

Told ya GM was tainted and the IPO was a bad investment…

GM’s North American Profit Disappoints Amid Surging Sales

The Sticky Note Campaign

DEMOCRATS STRIP UNIONS OF BARGAINING RIGHTS

Impressive Young Patriot, Tricia Willoughby

It’s kids like this who give me hope for the future. Here is 14 year old Tricia Willoughby, speaking at the Madison Wisconsin Tea Party last week. She has more poise and conviction than someone twice her age and then some, and looky– no teleprompter!

Sure hope this isn’t the last we see of her, and that she maintains that passion.

She’ll certainly be vilified by the left for the rest of her life from this point forward, as has already been reported here.
(Disgusting. The Blaze has some NSFW examples of leftists freaking out in Oregon. Once again stating the obvious…. if it were Tea Partiers behaving so raunchy/filthy/ nasty, it would be front page news.)

H/T: Ann Althouse

The Disingenuous Misadventures of Barack Obama

WHAT WOULD RONALD REAGAN DO?

Is a government “shutdown” the end of the world as we know it?

A Nation in Decline – It’s in the Charts

WHY ON EARTH IS THE GOP LOSING THE BUDGET BATTLE?

GAO Details Billions in Federal Waste

GOVERNOR WALKER EXEMPLIFIES THE COURAGE THAT OBAMA LACKS

Wisconsin Governor vows: “Protesters will not drown out taxpayers.”

Courage is the stuff that leaders are made of. Abraham Lincoln had it. Winston Churchill had it. Ronald Reagan’s “Mr. Gorbachev, tear down this wall!” rebuke of communism was more than a speech read from a teleprompter. Reagan’s words were accompanied by courageous actions. Courage is an attribute of most succesful people. It’s an attribute that Barrack Obama lacks.

Leadership is ultimately about getting things done. A crisis or monumental event is often required before we learn the true mettle of a leader. Such was the case with Lincoln during the Civil War, or Churchill as Britain faced the onslaught of Adolph Hitler.

I recently wrote of Prime Minister David Cameron’s courage in standing up to the threat of multiculturalism on the European continent. Sarkosy of France and others are now following Cameron’s lead.

Barrack Obama is an ideologue who lacks the courage to step away from his socialist mindset and make the hard choices that are right for this country. His budget proposal is a good example. He called Governor Walker’s plan to end unions’ right to collective bargaining an “assault.” An assault Mr. President? Is the massive burden of ever-increasing debt we face not an “assault?”

Obama’s political operatives at the Democratic National Committee are fanning the protests against public union benefit cutbacks in Wisconsin. Is this not an assault on the taxpayers? Democrats are hiding out in another state, thus denying the democratic process to the people of Wisconsin. Is this an assault?

Scott Walker remains steadfast in his challenge to Democrats who fled the state to avoid a vote on his budget proposal. “We’re broke,” the governor said, adding that his campaign promised “bold changes” and that‘s just what he intends to do. The governor also had strong words for Obama, effectively telling him to butt out of the Wisconsin debate:

“I think we’re focused on balancing our budget,” Walker said Friday morning. “It would be wise for the president and others in Washington to focus on balancing their budget, which they are a long ways from doing.”

Barrack Obama would do well to listen from time to time instead of talking. Scott Walker is a good place to start. Perhaps he might acquire some of that thing called courage, which he sorely lacks.

 

Wisconsin – Union Mob Article and Video Roundup

The ruckus continues in Wisconsin but the tide of public opinion seems to be turning against the mob now occupying the state legislature. The days of stuffing oneself at the public trough have to come to an end and Republican governors and legislatures are watching this play out with interest. If WI Republican governor Scott Walker and an allied legislature are able to de-fang the public unions in a state that helped birth the ‘progressive’ movement then it can be done most anywhere.

“The accelerating clash between the private and public sectors obviously involves ideology, but a lot of it is simple economic combat. The people who pay for government are struggling with, and beginning to fight against, the unsustainable demands of the people who get paid by government.” – Co State Sen. Shawn Mitchell
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Why Do People Who Know The Least Know It The Loudest?

Imagine what you would have thought when you were learning about government in grade school if the teacher had explained, “if a bill is brought before the Senate and your side doesn’t have enough votes to win…the correct thing to do is sneak out of town so that a vote cannot be held.”

As Wisconsin Republicans tried to begin Senate business Thursday, observers in the gallery screamed “Freedom! Democracy! Unions!” Opponents cheered when a legislative leader announced there were not enough Senators present to proceed. Democracy in action?     Hardly. More like mob mentality rules.

Some on the left glowingly compared the “day of rage” in Madison to the uprising in Egypt. Nonsense. The correct parallel? The riots in London, where thousands of students protested the government’s plan to increase college tuition rates. Until 1997, British students paid little or nothing to attend college because the government footed the bill through the national budget.

In 2010: France experienced wide-spread demonstrations over a plan to raise the minimum retirement age from 60 to 62, while angry Greeks rioted over the government’s decision to cut spending and increase taxes to prevent the country from going bankrupt.

Obama’s initial take on the events in Wisconsin? Governor Walker’s bill is “an attack on unions.” Much has been written of the president’s desire to remake the United States in the image of Europe. Does he naively believe in the ideals of Noam Chomsky or does he understand the implosion of the European welfare state? Either answer is frightening.

Nanny states are precarious entities at best; once the toothpaste is out of the tube, it’s hard to get it back in.

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