Good News! New Obama “Balanced Approach” Balances Budget…in 2055
No wonder it’s being mocked by Republicans -and criticized by Democrats. It’s a complete joke, including cutting defense spending from 9% of GDP to 2.3%, which ain’t gonna happen. Republicans have mocked the Obama White House for talking about a “balanced approach” to debt reduction that doesn’t actually ever balance the budget. But in its [...]
Not the Onion: Presidential Proclamation – National Financial Capability Month, 2013
That’s right. Wile E. Obama, President and CEO of the ACME Economic Destruction Co. and the guy who has presided over the $53,377 per household increase in the national debt, has declared April 2013 to be “National Financial Capability Month.” Read it and weep, bitches. And get you some financial capability; they’ve set up even [...]
What Sequester? Feds Gave $3.8 Million to ‘Decrease Human-Elephant Conflict’
It’s good to know, with funds stretched dangerously thin, that we’re addressing the important issues. I know – this one already happened, but there’s absolutely no reason to believe this kind of ridiculous BS isn’t going on right now. I’d be willing to bet some of your money on it. The federal government is looking [...]
The Government has Huge Amounts of Waste, But the Sequester’s 2.2% Cuts Will be a “Disaster”
Wile E. Obama, CEO of the ACME Economic Destruction Co. is busy telling anyone who will listen that the budget cuts automatically enforced by sequestration will be a disaster. Cutting 2.2 percent of our enormous federal budget will precipitate disasters on many fronts, and -of course- it’s the Republican’s fault. Charles Krauthammer examines how the [...]
The Sequester: A Manufactured Crisis
UPDATED: See the pic at the end for a different presentation of what sequester cuts will mean to federal spending. Hint: not much. Barack Obama himself said we can’t go from “one manufactured crisis to another.” Dewey from Detroit has a little story to explain what’s going on: The pending sequester cuts have the President [...]
No Kidding? We Coulda Told You That. GAO Report: Obama’s Policies ‘Not Sustainable’
And, this is news to whom? Apparently to the lapdog media, who doesn’t report on such things if they make the Dear Leader look bad. Consequently, they aren’t reporting on much of anything that’s substantive these days. And, just this week, we learn that Wile E. Obama and the ACME Economic Destruction Co. wants to [...]
Where Does Strengthening Gun Laws Sit in the Public’s Priorities List? Not Very High.
In fact, it ranks 18th on a list of issues that the Pew Research Center asked about. Say, that’s just a little above global warming, which was in last place. Seems lots of folks are concerned about the economy and our ever-burgeoning deficit (Not Obama, though, his work is “just about done“). Funny how much [...]
Really? Obama Will Say in SOTU that Job of Debt Reduction “Nearly Done”
This would be laughable if it weren’t so sad. I would think, just maybe, that our $16.5 TRILLION debt would keep a rational man from making a statement like that, but then there isn’t much rational about Wile E. Obama and the ACME Economic Destruction Co.’s economic agenda. Bring on the job-crushing environmental mandates! Increase [...]
Gallup: Only 4% of Americans Think Gun Control is One of the Important Issues Right Now
Guns and gun control rank a distant and nearly-insignificant 7th in a recent Gallup poll of issues Americans think are important right now. Many more think the economy and budget deficit are much more important, but the gun issue is sucking all the air out of the room right now. Click the chart to see [...]
“An Absurdity Wrapped in a Legislative Incongruity inside a Farce”
That’s Megan McArdle’s description of the current discussion of minting a $1 trillion platinum coin to try and solve some of fiscal woes. That it’s even being discussed is an indication of how silly and protracted and contrived our legislative process has become. Those guys in Washington are really a joke – but if they [...]
Only in Obamaland Does Paying People NOT to Work = Jobs Saved
Whose job, exactly, does it save? The guy at the unemployment office? I keep thinking that sooner or later the masses of Americans are going to wake up to the bullshit that the Obama administration is shoveling, but since they’re getting checks, I guess they don’t need to. Secretary of Labor Hilda Solis made her [...]
Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases
Looks like we get screwed again. The Republican “leadership” in the House of Representatives is a joke. They gave up everything, and got nothing. I read somewhere that only one VA congressman voted for it – don’t know who it is yet. Cantor voted against it. Interestingly, Paul Ryan voted FOR it. According to the [...]
Tentative Accord Reached to Raise Taxes on Wealthy
I don’t really think people making $400,000 per year are “wealthy.” It’s all symbolic, and it doesn’t do shit to reduce the deficit. Theater. Spending cuts? Where are they? It’s all BS. While the Senate moved toward a vote on legislation to avoid the so-called fiscal cliff, the House was not going to consider any [...]
How Much Deficit Reduction Will Tax Hikes on Rich Achieve? Zero.
That’s the judgement of the Congressional Budget Office. I don’t think raising taxes on the “rich” (those making $250K or more) was ever about deficit reduction for Obama. It’s about getting even. Raising taxes on the rich was the cornerstone of President Obama’s reelection campaign. “If we’re serious about reducing the deficit,” Obama told a [...]
Genius Who Said Obama’s Stimulus was Too Small Says Romney’s “Not Smart”
Paul Krugman is a complete partisan hack. Sure, Romney’s not very smart, he just made hundreds of millions for himself and investors by investing in companies. You, on the other hand, have spent your career espousing failed (Keynesian) economic policies that never worked, and never will. Hack on, PKrug. I can’t wait until about two [...]
Budget analysts project $1.1T federal deficit this year
Can we take another four years of Wile E. Obama and the ACME Economic Destruction Co.? Congress nonpartisan budget analysts are projecting a $1.1 trillion federal deficit for 2012, the fourth straight year the governments shortfall will exceed $1 trillion. The Congressional Budget Office also says it expects the economy to continue recovering at only a [...]
Newsweek’s Niall Ferguson: Hit the Road, Barack!
Niall Ferguson says Obama has failed on the economy, and failed on the deficit, and the Romney/Ryan vision for the country is the way to go. I was a good loser four years ago. “In the grand scheme of history,” I wrote the day after Barack Obama’s election as president, “four decades is not an [...]
Why Paul Ryan is Obama’s Nightmare
David Burge -also known as Iowahawk- tweeted this weekend: “Paul Ryan represents Obama’s most horrifying nightmare: Math.” Erick Erickson explains why Paul Ryan as VP is a stroke of genius for the Romney campaign. Let me break the math down for you. If Barack Obama gets his way and raises taxes on everyone making $250,000.00 [...]
One More Time: Government Doesn’t Have a Revenue Problem; It Has a Spending Problem
This instructive video presentation from LearnLiberty.org has some facts to back up the statement. If we want to reign in spending, something has to change with the way we do government. I’m not sure even a change from the current regime will do it. It might lessen the rate of growth in spending, but that’s [...]
Barack Obama: The Road We’ve Really Traveled
Andrew Klavan and Bill Whittle lampoon Davis Guggenheim’s Obama love-fest video. It’s funny, alright, but sad when you consider the damage done. Here’s more on the misrepresentations made about ObamaCare in Guggenheim’s encomium: ‘The Road We’ve Traveled:’ A misleading account of Obama’s mother and her insurance dispute If you want to see why “Traveled” is [...]
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