Sorry for the lack of Obama-nations. I've been so busy and with the little free time I've had I haven't felt like infuriating myself by reading or writing about the communist in chief.
Some fun little tidbits about Obama:
1. Last week he talked about how important frugality was, at the same time he's on track to be the biggest debtor President in US history. He will outspend FDR, even though FDR was dealing with the Great Depression and WWII. During FDR's 12 fiscal years as Pres., federal spending averaged 19.35% of GDP. During Obama's four years, his federal spending will average 24.13% of GDP. Actually, during FDR's first 8 fiscal years, he only spent 9.85% of GDP. That was until the Japanese bombed Pearl Harbor.
2. He's still defending that STUPID spendulus bill. He had the gall to say it already created 2 million jobs and it will create 1.5 million in 2010. Do you think we're stupid Obama? A CBS poll recently showed only 6% of Americans thought it created jobs!!!! SIX PERCENT! Even the hard core left doesn't think it created jobs.
3. He recently referred to the Bush years as the "lost decade". Really Obama? When Bush was pres. unemployment averaged between 4 and 5% and I remember my 401k had a lot more than it does now.
4. On Feb. 2, he said all the "red ink" in the federal budget "keeps him awake at night". His solution? Sign an executive order creating the bipartisan National Commission on Fiscal Responsibility and Reform to make recommendations on how to reduce the country's debt. That's after he approves a budget that is over $1 trillion in the red.
Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts
Wednesday, February 17, 2010
Wednesday, November 18, 2009
That's a Load of Bull$% Obama
Read the first two paragraphs of this Reuters story:
BEIJING, Nov 18 (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.
With the U.S. unemployment rate at 10.2 percent, Obama told Fox News his administration faces a delicate balance of trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction.
WHAT THE HECK? He is warning us about containing U.S. deficits? Who's run up the largest U.S. deficit ever seen in a mere 10 months? Who is going to put us another trillion dollars in the hole with this health care plan that no one gives a flying flip about right now? His administration is "trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction"? Does anyone really believe he is trying to spur job creation? Does anyone really believe he is putting our economy on a path toward deficit reduction?
BEIJING, Nov 18 (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.
With the U.S. unemployment rate at 10.2 percent, Obama told Fox News his administration faces a delicate balance of trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction.
WHAT THE HECK? He is warning us about containing U.S. deficits? Who's run up the largest U.S. deficit ever seen in a mere 10 months? Who is going to put us another trillion dollars in the hole with this health care plan that no one gives a flying flip about right now? His administration is "trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction"? Does anyone really believe he is trying to spur job creation? Does anyone really believe he is putting our economy on a path toward deficit reduction?
Friday, June 5, 2009
Obama's Pay "Czar" and More Money We Don't Have
A couple of new things to get your blood boiling before the weekend:
- the White House is going to appoint a "pay czar" to regulate the pay of employees of companies receiving bailout funds. Or to insure that high level employees that are the brains behind the company leave in favor of overseas companies that don't regulate their employees' pay. Right now the White House just wants to regulate the pay of companies receiving federal money and they can make a decent argument for why they need to do that. But how long until they try to regulate your pay? Sound ludicrous? The White House is taking over companies right and left. They are dying to get their hands on healthcare. How long before they tell us what doctors and nurses can make? They are handing out money to states right and left. How long will it be before they tell us what state employees can make? At the rate they are going, I fear that no one is safe.
- Back in April I told you that Obama wants to lend $100+ Billion to the International Monetary Fund. Now Democrats are trying to make him happy by sticking a multi-billion loan to the IMF onto a war supplemental bill that's supposed to be voted on next week. Disgusting. Click here to read more.
- the White House is going to appoint a "pay czar" to regulate the pay of employees of companies receiving bailout funds. Or to insure that high level employees that are the brains behind the company leave in favor of overseas companies that don't regulate their employees' pay. Right now the White House just wants to regulate the pay of companies receiving federal money and they can make a decent argument for why they need to do that. But how long until they try to regulate your pay? Sound ludicrous? The White House is taking over companies right and left. They are dying to get their hands on healthcare. How long before they tell us what doctors and nurses can make? They are handing out money to states right and left. How long will it be before they tell us what state employees can make? At the rate they are going, I fear that no one is safe.
- Back in April I told you that Obama wants to lend $100+ Billion to the International Monetary Fund. Now Democrats are trying to make him happy by sticking a multi-billion loan to the IMF onto a war supplemental bill that's supposed to be voted on next week. Disgusting. Click here to read more.
Labels:
Barack Obama,
debt,
economy,
foreign affairs,
spending
Tuesday, May 12, 2009
Not Funny, Obama!
As you've all probably heard by now, a hack "comedian" at the White House Correspondents Dinner said she hoped Rush Limbaugh's kidneys failed and called him the 20th hijacker on Sept. 11. And guess who sat there laughing his head off? That's right, Obama thinks Sept. 11 jokes are funny and relishes the thought of one of his most popular critics dying of kidney failure. Then, Robert Gibbs, White House spokesperson, said that "“I think there are a lot of topics that are better left for serious reflection rather than comedy. I think there’s no doubt 9/11 is part of that." Oh really? Well maybe you should tell your boss that. He thinks 9/11 is something to be laughed at.
Also, the White House RAISED the estimated budget deficit for 2009 to $1.8 TRILLION. It took Bush 7 years to accumulate that much debt. For every dollar DC spends this year, 45 cents of it will be borrowed.
Now, my favorite quote I've heard recently: "They told me if I voted for McCain I would have a buffoon for a Vice President. And they were right!"
Also, the White House RAISED the estimated budget deficit for 2009 to $1.8 TRILLION. It took Bush 7 years to accumulate that much debt. For every dollar DC spends this year, 45 cents of it will be borrowed.
Now, my favorite quote I've heard recently: "They told me if I voted for McCain I would have a buffoon for a Vice President. And they were right!"
Friday, May 8, 2009
Where's My $11,000 Worth of Benefits?
Did you know Obama's proposed budget spends over $11,000 for each man, woman and child in America? Is my family going to receive over $44,000 worth of benefits from the federal government? We'd better, because we're going to be paying for it.
Also, did you know that if the US was located in Europe, we wouldn't be allowed to join the European Union because of our debt levels? That's scary!
Also, did you know that if the US was located in Europe, we wouldn't be allowed to join the European Union because of our debt levels? That's scary!
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