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Obama, Wrong Again

Discussion in 'Politics, Elections & Legislation' started by brigade, Jul 5, 2009.

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  1. brigade

    brigade TS Member

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    The Honduran Supreme Court has the right ideal........
     
  2. timberfaller

    timberfaller Well-Known Member

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    If you are into doing what is right, you can expect Obama will alway be on the wrong side to the issue. Its his nature!!

    20 years under Wright will make one Wrong!
     
  3. stokinpls

    stokinpls Well-Known Member

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    Wrong again.

    "California’s Nightmare Will Kill Obamanomics: Kevin Hassett

    Commentary by Kevin Hassett

    July 6 (Bloomberg) -- Last week, we discovered that the state of California will gladly pay you Tuesday for a hamburger today.

    With California mired in a budget crisis, largely the result of a political impasse that makes spending cuts and tax increases impossible, Controller John Chiang said the state planned to issue $3.3 billion in IOU’s in July alone. Instead of cash, those who do business with California will get slips of paper.

    The California morass has Democrats in Washington trembling. The reason is simple. If Obama’s health-care plan passes, then we may well end up paying for it with federal slips of paper worth less than California’s. Obama has bet everything on passing health care this year. The publicity surrounding the California debt fiasco almost assures his resounding defeat.

    It takes years and years to make a mess as terrible as the California debacle, but the recipe is simple. All that you need is two political parties that are always willing to offer easy government solutions for every need of the voters, but never willing to make the tough decisions necessary to finance the government largess that results. Voters will occasionally change their allegiance from one party to the other, but the bacchanal will continue regardless of the names on the office doors.

    California has engaged in an orgy of spending, but, compared with our federal government, its legislators should feel chaste. The California deficit this year is now north of $26 billion. The U.S. federal deficit will be, according to the latest numbers, almost 70 times larger.

    Bleak Picture

    The federal picture is so bleak because the Obama administration is the most fiscally irresponsible in the history of the U.S. I would imagine that he would be the intergalactic champion as well, if we could gather the data on deficits on other worlds. Obama has taken George W. Bush’s inattention to deficits and elevated it to an art form.

    The Obama administration has no shame, and is willing to abandon reason altogether to achieve its short-term political goals. Ronald Reagan ran up big deficits in part because he believed that his tax cuts would produce economic growth, and ultimately pay for themselves. He may well have been excessively optimistic about the merits of tax cuts, but at least he had a story.

    Obama has no story. Nobody believes that his unprecedented expansion of the welfare state will lead to enough economic growth. Nobody believes that it will pay for itself. Everyone understands that higher spending today begets higher spending tomorrow. That means that his economic strategy simply doesn’t add up.

    Character Deficit

    Back in the 1980s, Reagan’s own economist, Martin Feldstein, spoke up when he felt that the Reagan administration was pushing the deficit too far. Where are the economists with such character today? Apparently, the job description for economists has transformed from recommending policies that are defensible to defending whatever policies that the political hacks in the West Wing dream up.

    As bad as the California legislature has been over the years, it has never entered a fiscal crisis like the one that we face today and then doubled down with a massive spending increase. In the end, when times got tough, patriotic and sensible Californians of both parties stood up and began acting like adults.

    Maybe the same thing is starting to happen in our nation’s capital. The key players in Washington are Senator Evan Bayh and 15 Senate Democrats who joined him this year in forming a coalition of moderates. One thing that has distinguished moderate Democrats from the garden variety of the species is heightened concern about fiscal responsibility.

    Off a Cliff

    With the price tag of Obama-care likely to exceed $1 trillion, moderate Democrats face a simple choice. They can jump off the cliff with the president, or they can stay true to the principles that they have espoused throughout their careers.

    There are reassuring signs that principle is winning. One of the most expensive components of the Obama plan is the so- called public-insurance option, which opponents fear would result in massive government subsidies. Senator Mary Landrieu said that she is “not open” to a public option that will compete with private insurance.

    Many other Democratic Senators, including Ben Nelson, Blanche Lincoln, and Tom Carper, also oppose the public option. As the cost estimates increase and support wanes, the Senate Finance Committee is even going as far as to pursue its own health-care plan, meaning that the health-care end game is now in sight.

    Tax Bite

    Moderates might support Obama’s health-care objectives if the bill also included tax increases to cover the spending increases. But those tax increases would likely be unpopular, making it almost impossible to pass a bill.

    Given the increasing public concern about deficits that heightened significantly last week because of the California crisis, there are only two possibilities left. Either the Obama plan will come crashing down or Senate Democrats will concoct some bill that has health in the title but costs almost nothing and does even less. With Al Franken arriving in the Senate and providing Democrats with a crucial 60th vote, the latter seems most likely.

    (Kevin Hassett, director of economic-policy studies at the American Enterprise Institute, is a Bloomberg News columnist. He was an adviser to Republican Senator John McCain of Arizona in the 2008 presidential election. The opinions expressed are his own.) "
     
  4. brigade

    brigade TS Member

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    A Democrat, Jose Serrano, D-N.Y. has now introduced
    legislation that would repeal the 22 Amendment to the
    Constitution – the prohibition against any President
    serving more than two terms in office.
     
  5. timberfaller

    timberfaller Well-Known Member

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    The outested leader of Honduras, has been kicked out again by not being able to land his jet!

    He's pal's Chaves, Rauel, and other 3d world leaders haven't given his country back to him. Obama 's to busy trying to appolize to the Russian's, he's no help.

    Sooooooo, his last attempt is the get Hillary to let him back in!

    Birds of a feather, flock together has never been more true!
     
  6. highflyer

    highflyer TS Member

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    70 percent of Americans still like Obama. Think of that when you go to lunch today. Almost 3/4's of the people you see are lacking a brain. They can even look normal. But nothing inside but liberal mush. We are living the old movie invasion of the body snatchers. Or as one of the world's few remaining Christians you believe that the end is near and Satan is almost at his full power. He has taken control of their minds and the truth isn't in them anymore. They run from the truth. They willingly march toward their own destruction. Satan, the prince of liars has taken over. What is it the Bible says, it is a wide road to hell and a narrow road to heaven.
     
  7. halfmile

    halfmile Well-Known Member

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    Highflyer, I couldn't agree more.

    The country is choking on bread and circuses while it's destruction is marching forward.

    We made our life so easy responsibility was no longer necessary. Tossing out traditional family values in the 60's was the intro to the final act.

    Preliminary jabs included the bankers forming the Federal Reserve to take over our money (Yes, that's a nice fox, he will guard the henhouse very well),
    New Deal Keynesian policies that began the creation of debt to further feed the usurers, and ultimately fomenting war to create economic activity.(You choose the conflict, anywhere from 1941 to present).

    OUr choice of Role Models is very telling. The Crucifixion of Palin says we as a nation hate honesty and forthrightness. And we Spend a week revering a pedophile.

    Electing Obama was the leap over the cliff, I don't know if there is a rope strong enough to save us now.

    But it's a nice day and I'm going to the range.

    HM
     
  8. Frank C

    Frank C Well-Known Member

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    And we thought Bush was dumb.....

    from yesterdays speech

    "My understanding is that President Medvedev is the president and Prime Minister Putin is the prime minister................................................. and that they allocate power in accordance with Russia's form of government, in the same way that we allocate power in the United States.
     
  9. brigade

    brigade TS Member

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    And again, and again obama is wrong. Ed
     
  10. brigade

    brigade TS Member

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    Well obama and his acorn congress will be a one term circus.
     
  11. brigade

    brigade TS Member

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    The democrat leadership are IDIOTS.
     
  12. tcr1146

    tcr1146 Well-Known Member

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    Sorry because much earlier I was called a rascist for not having anything good to say about this raggie! All along, I have felt he was a terroist and what better way than the postion he is in! What better way to tear down what used to be the best nation in the world and of all time! What is scarier, is that he is a great pied piper and we even have followers on here! No, I don't count the dumb assed kid you all know! And I would expect Ismah as he is a raggie also! I am just shocked by some of the others on here supporting him! That takes us to what used to be "checks and balances" in congress! I knew that most of them weren't too bright but this is a travesty! I certainly know that most of them are crooked as a dog's hind leg but what they are allowing to happen makes me sick! Call in the dogs and piss in the fire because the hunt is over boys! Tom Rhoads
     
  13. brigade

    brigade TS Member

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    He is the definition of an idiot....Ed
     
  14. brigade

    brigade TS Member

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    barry the muslim...Ed
     
  15. bigbore613

    bigbore613 Active Member

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    YA Think ?
     
  16. brigade

    brigade TS Member

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    obama and his islamacrats have mailed stimulus checks to inmates.....How stupid are these idiots?.....Ed
     
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