Well, what do you know…….another failed promise!

If you will recall, the obAMATEUR promised in 2009 that he would “cut the deficit we inherited by half by the end of my first term in office.”

How has he lived up to that promise?

Not only has he broken that promise, but he has crushed it.  For the first three years of the obAMATEUR’s presidency, he increased our deficit by over $1 trillion every year: $1.4 trillion in 2009, $1.3 trillion in 2010 and $1.3 trillion in 2011. The CBO has recently crunched some numbers and it looks like the obAMATEUR is on track to have another banner year of $1 trillion+ deficits.  The CBO predicts that the deficit will rise $1.08 trillion in 2012.

To put all of this into perspective, the largest deficit that our country had ever run before 2008 was $458 billion (and the liberal looters and their obedient drones whined about “saddling our children and grand-children with debt” and obAMATEUR called this “UNPATRIOTIC!”).  Thus, even though obAMATEUR’s deficit for 2012 is projected to be the lowest of his administration, don’t be fooled.  It will be, by far, the largest deficit ever recorded between 1947 and 2008.

What’s the result of this big-government spending?  The CBO estimates that the jobless rate will rise to 8.9% by the end of 2012 and to 9.3% in 2013.

Now the leftist mindless drones will, of course, chime in with “it’s Bush’s fault” and the “he inherited the economy” dumbed down talking points.  But this pResident raised baseline budgeting by almost 25% in his first two years.  This increase had nothing to do with the stimulus, the “venture capitalist” failed spending or his other schemes like “cash for clunkers”, etc. etc. The baseline spending increases had nothing to do with Bush or the “economy he inherited”.  He is a tax and spend liberal! – plain and simple.  Now before you drones get your panties in a wad about the tax part of the previous statement.  This pResident has increased taxes on every income group in this country (alcohol and tobacco taxes, taxes to finance his health-care plan, etc. etc.).  Plus, the CBO says taxes are going to go up as a result of this pResident’s policies.  And he is a “spend-thrift” liberal, he has outspent and accumulated more debt than all Presidents from Washington thru Clinton COMBINED.

By his own words, the obAMATEUR is the most UNPATRIOTIC pResident in history!!!

83 thoughts on “Well, what do you know…….another failed promise!

  1. Cluster February 1, 2012 / 1:48 pm

    I think the quote from the master of hypocrisy himself – Harry Reid, is my favorite. From 2006:

    “If my Republican friends believe that increasing our debt by almost $800 billion today and more than $3 trillion over the last five years is the right thing to do, they should be upfront about it. They should explain why they think more debt is good for the economy.

    “How can the Republican majority in this Congress explain to their constituents that trillions of dollars in new debt is good for our economy? How can they explain that they think it’s fair to force our children, our grandchildren, our great grandchildren to finance this debt through higher taxes. That’s what it will have to be. Why is it right to increase our nation’s dependence on foreign creditors?

    “They should explain this. Maybe they can convince the public they’re right. I doubt it. Because most Americans know that increasing debt is the last thing we should be doing. After all, I repeat, the Baby Boomers are about to retire. Under the circumstances, any credible economist would tell you we should be reducing debt, not increasing it. Democrats won’t be making argument to supper this legalization, which will weaken our country. Weaken our county.”

    • tiredoflibbs February 1, 2012 / 10:41 pm

      Harry Reid should explain to the American people why he has not passed a budget nor allowed a budget to be brought to the floor for debate.

      So, based on what Harry said obAMATEUR has weakened our country for massively increasing the debt.

  2. Green Mountain Boy February 1, 2012 / 1:54 pm

    Bush made me do it.!! I blame Buooooooshhhhh!!!

    There leftys. No need for you to even answer now. I did it for you.

  3. Cluster February 1, 2012 / 2:08 pm

    This is what happens when we have a weak President, and when we are financially weakened:

    In congressional testimony Tuesday, U.S. intelligence officials indicated that Iran has crossed a threshold in its adversarial relationship with the United States. While Iran has long been linked to attacks on American targets overseas, U.S. officials said they see troubling significance in Tehran’s alleged role in a plot to assassinate the Saudi ambassador in Washington last year.

    The Iranians have zero respect and zero fear of Obama, so they do what they will.


  4. RetiredSpook February 1, 2012 / 2:09 pm

    To put all of this into perspective, the largest deficit that our country had ever run before 2008 was $458 billion

    And the only reason FY 2009 (Bush’s last budget) was more than that was because of TARP, which Obama voted for and most of which has been repaid.

    I have one question for our resident Progressives: how long do you think we can continue to post $trillion + deficits combined with 2% GDP growth and not suffer serious consequences?

    • Green Mountain Boy February 1, 2012 / 2:28 pm

      “I have one question for our resident Progressives: how long do you think we can continue to post $trillion + deficits combined with 2% GDP growth and not suffer serious consequences?”

      Until the feds have no choice but to make counterfieting legal. I am so looking forward to taking my wheel barrel down to Krogers, loaded with trillion dollar bills, to buy a loaf of bread.

      Fun fun!

  5. dennis February 1, 2012 / 2:29 pm

    Tired, you need better methodology to come up with numbers that reflect the real effect of Obama’s policies on the deficit.

    “There is a way to tally the effect Obama has had on the deficit. Look at every piece of legislation he has signed into law. Every time Congress passes a bill, either the Congressional Budget Office or the Joint Committee on Taxation estimates the effect it will have on the budget over the next 10 years. And then they continue to estimate changes to those bills. If you know how to read their numbers, you can come up with an estimate that zeros in on the laws Obama has had a hand in.”

    Read the linked article below. There’s a good graphic as well, but the facts will show the methods used to arrive at numbers that are bandied about by critics like Tiredoflibbs are simplistic and flawed. A deeper analysis gives a much different picture: “The policies Obama signed into law can be expected to add almost a trillion dollars to deficits. But behind that total are policies that point in very different directions” from his predecessor’s in their long-term effect on the deficit.


    • neocon1 February 1, 2012 / 2:40 pm


      BS as usual…..

      Obama runs up another trillion-dollar deficit…

      CBO says real unemployment at 10%…

      Federal taxes to jump 30% in 2 years…

      • neocon1 February 1, 2012 / 2:50 pm

        mitt Romulin out spent the Fig 65-1 per Rush and did not get 50%.

        Will MR and the GOP unleash the attack machine and scorched earthpolicy against barry the marxist muslim like they did to the Fig? Or like mcLame fight with one hand behind their back utilizing queens berry rules against the Hells Angles?

      • Green Mountain Boy February 1, 2012 / 2:57 pm

        The RNC already has said that attacking barky pesonally is verboten. They say that if you point out any of his character flaws it hurt with the moderate squish vote.

        So, disadvantage already. To be fair though, I don’t think Mr.Romney would suspend his campaign for some made up emergency, he has too much money invested in this already.

      • Green Mountain Boy February 1, 2012 / 3:23 pm

        Romney will not drop out. I do believe he considers himself to be the White Horse.

        If you are not familiar with early Mormaon theology just look up “The White Horse Phrophecy”

        Who knows maybe he is.

      • neocon1 February 1, 2012 / 2:55 pm

        OOH YEAH


        Not-Romney Wins Again
        Kevin Tharp

        In the fourth consecutive nominating state election for the 2012 Republican presidential candidacy, Not-Romney made it four wins in a row.

        In Florida, a swing state with a higher percentage of moderate voters than previous states, Romney still lost. Not-Romney has won each state with the following percentages: Iowa 75%, New Hampshire 61%, South Carolina 72%, and Florida 54%. Conservatives still dominate the Republican electorate.

        The problem is there is no candidate named Not-Romney. The sooner conservatives understand this the more likely a conservative will win the nomination. The conservative voters have split their vote for four consecutive primaries. If you are a conservative voter, you need to decide whether you want your vote to be a vote for victory. A protest vote or a vote for a candidate just because you like them best is just another vote in the minority and is a vote for conservatives to lose. Don’t throw away your vote. Vote to defeat the elites and elect a conservative.

        The growing frustration between the larger conservative base and the Republican establishment elites is growing palpable. And there are folks who are deciding that they are no longer going to give support to those currently in power and will bow out of the process. Just read the comments sections of your favorite conservative website for a few examples. That does not bode well for the general election.

        Read more: http://www.americanthinker.com/blog/2012/02/not-romney_wins_again.html#ixzz1l9qi8Z4d

      • Green Mountain Boy February 1, 2012 / 2:59 pm

        Thats why I call again for Mr. Newt to withdraw from the race. He is taking votes away from someone who has a lot better chance of winning.

        Not that he will listen to me but there is always hope.

      • neocon1 February 1, 2012 / 3:15 pm

        maybe if the Fig, Romulin, and the Loon Ru Paul all quit?

      • neocon1 February 1, 2012 / 3:20 pm

        Good Description….did I write it?? 🙂

        Not since Lenin gathered his fellow Bolsheviks together in 1912 at the Prague conference to plan the publication of Pravda has there been such an all-out effort to quash facts that out in the open might bring down Attorney General Eric Holder and the whole Obama administration.

        An amoral herd of left-wing journalists acting like “bootlicking propagandists,” as Orwell once called members of his own British press in 1944, might find it difficult in the long run to get away with suppressing a scandal involving mass murder. Orwell warned reporters, “Do remember that dishonesty and cowardice always have to be paid for. … Once a whore, always a whore.”

        A pimped out press slavishly covering for corrupt leftist regimes while bringing down the opposition is nothing new. It happens openly every day in places like Cuba and Venezuela. But here in the land of the free press?

        Read more: http://www.americanthinker.com/2012/02/are_big_media_covering_up_fast_and_furious.html#ixzz1l9x72DjT

      • dennis February 1, 2012 / 3:37 pm

        Neocon, the article I posted debunks your use of that statistic. The figure of $5 trillion does have a meaning, but not the one you and Obama’s critics assign to it.

        Your logic is much like the rooster crowing and thinking he made the sun come up. Just because the figure exists doesn’t mean Obama made it happen; in fact the influence of Obama’s decisions on the projected deficit is far more relevant (and complex, intertwined as they are with the policies of his predecessor).

        But never mind that – you’ve got to have some abstract reasoning capacity to deal with that kind of stuff. Probably easiest for you to stick with the cutting and pasting.

      • Cluster February 1, 2012 / 3:44 pm

        That’s right dennis – that additional $5 trillion of debt Obama has added is actually mythical isn’t it? It’s the trajectory that matters right? And if only we could tax the rich another 4%, all will be well. You’re delusional.


        Sometime you have more in common with left than you do the right:

        Romney will not drop out. I do believe he considers himself to be the White Horse. If you are not familiar with early Mormon theology just look up “The White Horse Phrophecy” – GMB

        Mitt Romney tried to Rewrite himself today in a much more important way. He tried to rewrite who he is. I don’t mean rewrite himself from liberal to conservative. He’s already done that. This is something much more basic. Romney tried to rewrite his whiteness. He tried to rewrite his ethnicity. Now Romney is not just white. He’s whiter than white. So the only direction he could go was something that required a little less sunscreen. – Lawrence O’Donnell, MSNBC

      • Count d'Haricots February 1, 2012 / 3:57 pm

        And maybe if Mitt and Ron and Newt and Barack and Stewart Alexander and Jill Stein and Kent Mesplay and Francois Hollande all drop out maybe Rick Santorum can win.

        And maybe the underwear gnomes will make us all sleep till December and Rick will be the only one voting.

      • neocon1 February 1, 2012 / 4:08 pm

        count LOL

        we can dream cant we? LOL

      • neocon1 February 1, 2012 / 4:11 pm

        Psssstttttt dennistooge………

        Your logic is much like the

        I posted an ARTICLE = NOT MINE,,,,,,an A-R-T-C-L-E …..you know with a link………DUH!!

        do try to keep up

    • Count d'Haricots February 1, 2012 / 3:45 pm

      The Center on Budget and Policy Priorities is a liberal advocacy group with a rich history of publishing misleading and agenda driven “reports”. The specific bucket o’crap referenced by the redoubtable Klein is one such horrid example.

      Combining liabilities with expenditures without offsetting long term and short term mitigations, such as oh … I donno … the amount of revenue and the actual fluctuations in the long term Budget using a matching principlerelated to actual budget periods is accounting 101. Fantasy in the out years, while categorizing “Bush Tax Cuts” as expenditure is typical socialist pap. Also ignoring the simple fact that budgets are not based on calendar years but on fiscal years the 2009 expenditures debited to Bush all happened after January 21, 2009 while the reduction or repayment of TARP is deducted from the Obama liabilities.

      Pretty charts and graphs fool knuckleheads like Klein and dennis, but look at the real numbers and Obama fails every test.

    • tiredoflibbs February 1, 2012 / 10:49 pm

      so denny you are saying that the CBO is flawed? Obviously, you did not read anything past the title of the thread and then regurgiated the party spin about obAMATEUR’s deficits.

      I see ol’ Ezra left out many facts – the most notably and simple was the fact that obAMATEUR raised baseline budgeting by 20%. Ol’ Hack Ezra pulls the same double accounting as his hero does.

      Denny, stop regurgitating the spin put out by people like Ezra and read the sources for yourself. I know you libs loved quoting the CBO during Bush, but now the CBO has been a minor inconvenience to the looters and obAMATEUR, since they are exposing them for what they are.

  6. Green Mountain Boy February 1, 2012 / 3:39 pm

    Numbers only mean what they mean when they mean it for a repub. Translation complete.

    • neocon1 February 1, 2012 / 3:55 pm

      Here is one promise the POS, commie anti Christ has kept.

      Obama out to end coal industry

      (and christie is with him)

      Do you think Obama can’t destroy America’s coal industry? He’s doing it as you read this. Coal-fired power plants are being shut down by the EPA, Obama’s attack dogs. He has openly stated he doesn’t need Congressional approval to carry out his agenda points.

      Obama wants to kill America’s coal industry. In doing so, he will destroy our nation’s economy. If he is elected to a second term, and realizes his agenda, in a distant sense the Mayans might be correct. Our world “as we know it” will end. No more will America be the richest, most powerful nation in the world. No more will other countries look to America as a beacon of hope. America will become a wasted nation,


  7. dennis February 1, 2012 / 3:52 pm

    The rooster: “The sun is up, only a fool will argue with plain facts.”

    • neocon1 February 1, 2012 / 3:56 pm


      yet you keep crowing fool.

      • neocon1 February 1, 2012 / 4:03 pm

        Another Obomber stab into the back to Americans and American industry.

        your Ochimpy govt at work for you

        the price for R-22 has skyrocketed from below $200 to more than $300 per 30 pound container (more than 250% increase) and supplies are limited. FRACCA as a state organization has been in communication with national industry associations to receive updates on the reasons behind the increase and any projections on when pricing and availability may stabilize.
        Following is a brief history on why the pricing seemingly increased overnight:

        At the Federal level, the EPA (Environmental Protection Agency) controls the production of HCFCs including R-22 through allowances given to each manufacturer and importer of gases (refrigerants).

        These controls, as you already know, are to eventually lead to R-22 being completely phased out.
        In August last year EPA proposed their adjustment percentage to the allocations for years 2012-2014

        . However, EPA received data that R-22 was not being depleted as quickly as expected (less usage, larger supply, prices cheaper) which led EPA to consider a more aggressive phase down. That translated means less production and importation of R-22 to a total of only 55 million pounds in 2012 versus approximately 100 million pounds in 2011.

        Because EPA rules for import/production allocation are not yet final, it was illegal for a company to produce or import refrigerants into the United States beginning January 1, 2012. The effect was to immediately stop all importation and production for 15 work days in January. EPA recognized the problem and on January 20 issued to producers/importers a “non-enforcement” letter allowing them to restart production within specific guidelines without a penalty.
        The uncertainty in the market and lowered supply caused producers and suppliers to limit the amount of R-22 that can be purchased at one time and the decreased supply resulted in price increases from producer to distributer to contractor. That uncertainty will likely continue to impact price volatility until there is an official EPA ruling sometime in mid 2012.

        have A/C ? = YOU are SCREWED 😦
        thanks Ochimpy the disaster continues, Cloward and Piven are so proud of you as well as uncle joe and mao.

      • neocon1 February 1, 2012 / 4:07 pm


        actually from $160.00 to $396.00 in two weeks. Is being adjusted daily…..
        a LOT More to come from the ILLEGALLY appointed epa head while the GOP continues the circular firing squad soon to be replaced by the circular bomb vest.all the way to the nov mcLame 2 show.

    • tiredoflibbs February 1, 2012 / 10:50 pm

      Too bad denny did not see the irony in the rooster’s statement.

  8. bardolf February 1, 2012 / 5:21 pm


    A congressman would have to be crazy to go along with these kind of deficits. Yet the congressman who has consistently voted against these kind of deficits has been labelled crazy.

    Newt promises subsidies everywhere he goes. Mittens will do the will of the people, snort. Rick Santorum also has dubious fiscal policies.

    Leaving aside the egregious fact that Santorum padded his own wallet as a corporate lobbyist at the expense of taxpayers, he also:

    Voted to RAISE the debt ceiling five times;
    Voted to DOUBLE the federal Department of Education;
    Urged more federal involvement in housing with Fannie Mae and Freddie Mac;

    Voted to create a brand new, unfunded entitlement, Medicare Part D, the largest expansion of entitlement spending since President Lyndon Johnson – creating $16 TRILLION in unfunded liabilities

    Endorsed liberal Big Government RINOs like Arlen Specter over conservatives. Of course, Specter later became a Democrat and worked hand-in-glove with President Obama to pass his radical agenda;

    When the topic turns to gun control I will remind the preppers:

    2012 Presidential Candidates – Gun Owners Of America

    Ron Paul A+
    Rick Perry A
    Rick Santorum B-
    Newt Gingrich C
    Mitt Romney D-

  9. bardolf February 1, 2012 / 5:25 pm

    FITCHBURG, Mass. (AP) — A Massachusetts mother says the FBI used a chain saw blade to cut through her door and held her at gunpoint for at least 30 minutes before agents realized they were conducting a raid at the wrong home.

    Judy Sanchez, of Fitchburg, says she awoke to heavy footsteps in the stairwell on Jan. 26 and walked into her kitchen in time to see a blade chop through her door.
    She says she was held facedown on the floor at gunpoint while her 3-year-old daughter cried in another room.

    It turns out agents were after the other tenant on the floor of the multiunit building who is suspected of dealing drugs.

    Sanchez says she and her daughter now have trouble sleeping.
    The FBI has apologized and is paying for the damage.

    RON PAUL is for legalizing drugs and toning down all the He-Man BS that Obama and Mitt would continue.

    • neocon1 February 1, 2012 / 5:40 pm

      too many GOP candidates
      too many “debates”
      too many attack ads against each other
      too many circular firing squads
      we have shot ourselves in the head and told the donks TAKE THAT!!

    • neocon1 February 1, 2012 / 5:42 pm


      the problem is that Ru Paul is a nut case on foreign policy….a loser at the gate.

      • bardolf February 1, 2012 / 5:54 pm


        What is the foreign policy principle that Paul advocates that is crazy?

      • bardolf February 1, 2012 / 6:40 pm


        The terrorists hailed from Saudi Arabia. They didn’t hail from Iran. A mob booed a rational argument and you side with the mob.

        Hey, the mob booed the questioning of Newt and that won him the SC primary so it must be swell.

        Amazona et. al. harp continually about the lack of liberals sticking to coherent principles. How about offering some principles for foreign campaigns. Maybe you could turn off the clever and give an give an answer since you are joking about human lives. Not people you hang out with or see at the country club, but humans nonetheless.

        The number of US lives lost in the Iraq War is larger than those lost on 9/11. The number of Iraqi civilians lost vs. US civilians on 9/11 is 72 to 1. Iraq is less stable today. Following Ron Paul’s principles there would be thousands fewer Americans dead and wounded and hundreds of thousands of fewer Iraqis dead. The U.S. homeland is less secure.

      • Count d'Haricots February 2, 2012 / 11:26 am

        Right, prove a negative. Good luck with that.

      • bartok February 2, 2012 / 11:57 am


        Iraq had nothing to do with 9-11. Why do you liberals keep trying to make a connection?

    • Count d'Haricots February 1, 2012 / 5:53 pm

      FITCHBURG, Mass. (BFD) —Former Massachusetts governor Mitt Romney joined President Barack Obama today at a ceremony unveiling a statue of He-Man. The fictional character was a well know gay movie actor remembered for trolling grade schools and community colleges in the Southwest was resting after a particularly difficult bout with AIDS when Jack-booted Federal Agents burst down the door of his room at the hospice and stomped him to death in a case of mistaken identity.

      Bullwinkle J. Moose, who resides in an adjacent room at the hospice escaped upon hearing the commotion with an undisclosed amount of illicit drugs, a suitcase filled with vintage Ron Paul Newsletters and a paperweight said to resemble a stuffed squirrel wearing a cap and goggles.

      Deputy Dawg could not be reached for comment.

      • Cluster February 1, 2012 / 6:45 pm

        LMAO. Was Underdog available?

      • neocon1 February 1, 2012 / 8:35 pm

        mr know it all one of my favs….

  10. Morepatrioticthanu February 1, 2012 / 5:47 pm

    Bush’s last budget (FY2009) was 1.41 trillion. Obama has been bringing down the deficit ever since.

    Thanks again, GW Bush!

    • Count d'Haricots February 1, 2012 / 5:55 pm


      Thanks for the Daily Kos version of Federal Budgeting, but your $1.41 trillion is pure fiction. If you’re going to count the liabilities from January 2009 until October, you have to count the revenues as well.

      • neocon1 February 1, 2012 / 6:09 pm

        , you have to count the revenues as well.

        thats not “Faiiiiir”

      • Count d'Haricots February 1, 2012 / 6:18 pm

        The “Liberal” methodology is to ignore the repayments from TARP,
        ignore the October 2008 Budget process that by-passed Bush and gave the 2009 Budget to Obama to sign, and add the $787 BILLION Obama Porkulus bill on 2008-2009 Budget which … Obama and the dimocrats wrote and pretend it was Bush’s Budget.

        Nice try, but only stupid people believe Daily Kos,

      • bardolf February 1, 2012 / 6:45 pm

        $16 TRILLION in unfunded liabilities – Medicare part D

        Which fiscal conservatives on B4V are on that welfare train?

      • neocon1 February 1, 2012 / 6:51 pm


        I am and I have NO choice in the matter. what will you do if nothing changes and you become 65?
        we are locked into the system which sucks.

    • neocon1 February 1, 2012 / 6:07 pm

      thanks again Moron for showing us the insanity of the left.

      • neocon1 February 1, 2012 / 6:17 pm


        Country-club GOP establishment lays down the law to Ron Paul, Sarah Palin, the Tea Party
        The Hill ^ | 1/31/12 | Brent Dudowsky

        At some country-club golf course recently, Speaker Boehner, Haley Barbour and the Bain Capital and banking wings of the GOP probably devised the plan that is now under way: Ron Paul, get on the program behind Mitt and stop talking down wars. Sarah Palin, stop referring to the GOP establishment as Stalinesque. Tea Party members: shut up and get behind the former liberal governor of Massachusetts. Conservative movement, cool it. So what if our nominee was the godfather of ObamaCare?

        The French say, apres moi, le deluge. The white-shoe, country-club, establishment Republican leaders will be pressuring in unison after Florida, saying to the right, the Tea Party, Ron Paul and Sarah Palin: be good little boys and girls because we own this party, not you. The post-Florida deluge of pressure is coming, with the appropriate suspects in the media class chanting with the GOP establishment, for about the third time in this campaign: it is over, children, the Romney takeover of the conservative conscience and the Republican Party is done.

        Mission accomplished.

        Don’t believe it.

      • Count d'Haricots February 1, 2012 / 6:23 pm


        It’s only because sarah doesn’t know the secret handshake.

      • bardolf February 1, 2012 / 6:52 pm


        Palin will do what she is told if the money is right. The TEA Party candidates are being targeted themselves so no need to tell them to shut up. Nobody gives a rats a$$ about Paul.

        Santorum won Iowa but at the crucial time when it would have most benefited his campaign you were told by the Iowa GOP that he came in second.

      • neocon1 February 1, 2012 / 6:53 pm

        does bwany fwank? Oh my!!

      • neocon1 February 1, 2012 / 6:55 pm

        Palin hillary will do what she is told if the money is right.

      • neocon1 February 1, 2012 / 6:58 pm


        Medicare Prescription Drug Coverage (Part D)

        Medicare offers prescription drug coverage to everyone with Medicare.

        If you decide not to join a Medicare drug plan when you’re first eligible, and you don’t have other creditable prescription drug coverage, or you don’t get Extra Help, you’ll likely pay a late enrollment penalty.

        To get Medicare prescription drug coverage, you must join a plan run by an insurance company or other private company approved by Medicare. Each plan can vary in cost and drugs covered.

      • neocon1 February 1, 2012 / 7:02 pm

        n 2010, half of all Medicare beneficiaries had incomes below $22,000, including Social Security income, pension income, earnings, and income from other sources. Furthermore, most beneficiaries had modest savings. Half of all Medicare beneficiaries had savings of less than $53,000, including both retirement accounts and financial assets.

      • Count d'Haricots February 1, 2012 / 8:06 pm

        “Palin will do what she is told if the money is right”


        I may not be a Palin cheerleader but I recognize that she did just the opposite in Alaska; she has always fought for things for which she believes. Your’s is a knee-jerk reaction without foundation. There are plenty of issues for liberals to criticize Palin over but this is not one of them.

  11. bardolf February 1, 2012 / 7:09 pm

    Some good news. American Airlines is planning 13,000 layoffs, wage and benefit cuts for remaining workers. This might allow it to survive bankruptcy. Its American Eagle subsidiary is paying Bain & Company $525,000 a month for good advice such as doing major maintenance overseas at a considerable savings. The US taxpayers might have to pay the pension for the AA workers who were laid off.


    American was the last major domestic airline to seek bankruptcy court protection to reduce its costs. Over the last decade, the other top airlines have used bankruptcy proceedings to renegotiate labor contracts, freeze or terminate pensions, and slash debt they could no longer afford.

    Bonus Prediction: The problems at AA have nothing to do with the employees and everything to do with bone headed decisions by the CEO’s. AA will be gone in a decade even if it emerges from bankruptcy. The CEO;s who didn’t see the trend toward mergers and partnering with other airlines will survive just fine.

    • Cluster February 1, 2012 / 7:18 pm

      And maybe the employees with AA can hook on with the other airlines or be absorbed into other industries. What do you think?

      That is unless AA guaranteed employment for the rest of their lives. Do you think that’s the case barstool? Should companies guarantee employment?

      • neocon1 February 1, 2012 / 7:55 pm


        $3500.00 a month pensions at 55 with 30 years service and FULL medical coverage? (talking mechanics) not pilots.

      • bardolf February 2, 2012 / 1:00 pm


        If I have a travel grant from the US government to work overseas should I be forced to use a US carrier even though Lufthansa is half the price? Seems like a waste of taxpayer money used to subsidize AA and other noncompetitive companies.

    • Cluster February 1, 2012 / 7:29 pm


      How many people lost jobs at Solyndra?

    • neocon1 February 1, 2012 / 7:31 pm

      used bankruptcy proceedings to renegotiate labor contracts, freeze or terminate pensions, and slash debt** they could no longer afford.**

      what part about can NO longer afford dont you understand?

      of course it is the eeeeevil CEO’s
      NOT the $35.00 per hr union thugs who work LESS than 6 hours a day for 8 hrs pay, un godly pensions, free unlimited flights any where in the world, 6 weeks vacation, fifteen paid holidays, 30 sick days a year, 5 personal days, the best medical money can buy with NO co pay, free uniforms, free laundering of said uniforms, almost impossible to get fired, dental, eye care, paid time for union duties and resources….plus MANY more……

  12. Cluster February 1, 2012 / 7:16 pm

    I am really perplexed by this “republican establishment” meme telling us who to vote for, and that they “own the party”, as I often see people here railing against. I have never been one to listen to anyone on who I should vote for, or who not to vote for, and have never once thought that anyone other than the base “owns” the party. There are valid reason why I lean towards Mitt, rather than Newt or Santorum and it has nothing to do with the establishment. I don’t think Mitt is the end all to conservatism, in fact far from it, but I will vote for him to simply clean up the financial mess of which he has the right experience in, and of which will take the majority of his first term. I am not voting for Romney to answer all conservatives dreams, as that would be highly unrealistic. The goal now is to simply stop the financial bleeding and reignite the private sector, nothing more. We can all worry about that later.

    • 6206j February 1, 2012 / 7:54 pm

      You want to win. Nothing wrong with that.

      • neocon1 February 1, 2012 / 7:56 pm

        define win…..

        come meet the new boss…..same as the old boss….a “win” ?

      • neocon1 February 1, 2012 / 8:43 pm


        The Shortest Books of All Time
        By Tiger Woods
        By Jane Fonda and Cindy Sheehan
        Illustrated by Michael Moore
        Foreword by George Soros
        By Rev Jesse Jackson & Rev Al Sharpton
        By Bill Gates

        By Dennis Rodman

        By Al Gore and John Kerry

        By Amelia Earhart
        By Dr. Jack Kevorkian
        By Ellen de Generes and Rosie O’Donnell
        By Mike Tyson
        By O. J. Simpson
        By Ted Kennedy
        By Bill Clinton
        With introduction by The Rev. Jesse Jackson
        My Complete Knowledge of Military Strategy
        By Nancy Pelosi
        By Barack Obama

      • tiredoflibbs February 1, 2012 / 10:56 pm

        Neo, you forget the all time best seller since 2009:

        – Michelle Obama

  13. Russ February 1, 2012 / 11:50 pm

    According to RNC rules, because states moved up their primaries, no state can have a winner – take – all primary until after April 1st. Romney’s 50 delegate count in Florida is being contested.

  14. Jeremiah February 2, 2012 / 5:31 am

    obAMATEUR is the most UNPATRIOTIC pResident in history!!!

    He sure is, Tired!

    And you know what else? He’ll tell a lie on national television before millions, the American people. No, I can tell you, Obama is not concerned about jobs, and he is not concerned about those who do not have jobs that have families to feed. Not only is he one of the most unpatriotic Presidents, he is an evil person in general. Very evil! All he thinks about is himself, and the luxury lifestyle that is afforded him by working, taxpaying sector of this country. What few of them there are!

  15. Jeremiah February 2, 2012 / 5:57 am

    And you know, he swore up and down that he would uphold the Constitution. Well, you know, he’s been un-transparent administration we’ve ever had. He thought he was pullin’ one over the American peoples eyes when he said “I won’t raise one dime on your taxes” but a little later on….those taxes shot for the stars…but what did he say again? “I won’t raise one dime on your taxes.” The left will cover up for him though. Make all kinds of excuses. He had a smokey backroom moment when he won the election in 2008 with Barney Frank, Nancy Pelosi, Dodd, ‘n’ a bunch of them czars….Obama said to ’em, “we got ’em now (speaking in reference to the American people), ‘n’ there ain’t a thing they can do about it. Well, you know, he was successful, he pulled the wool over their eyes, and looks like he’s about to do it again.

    Failed promises are just plain and simple lies. Lies the American people are gullible enough to believe.

  16. Cluster February 2, 2012 / 8:08 am

    define win…..come meet the new boss…..same as the old boss….a “win” ? – neocon

    A win to me is laying the groundwork for a succession of wins, which will be needed to put this country back on track. This election is very important and we have to win this year to stem the decline, but no President could ever accomplish what needs to be done in four years, so a succession of victories is important. I also think we need to start to own the conversation following this win, and spend the next four years reshaping the national dialogue from one of a daycare mentality that liberals prefer, back to a freedom and personal responsibility mentality, that of which made this country great. Conservatives need to think differently and lay out a game plan that is grander than just the next four years.

    • RetiredSpook February 2, 2012 / 8:50 am


  17. J. R. Babcock February 2, 2012 / 11:00 am

    OT, but the $5 billion FaceBook IPO will create over 1,000 millionaires. Multiply that times all the luxury homes that will be built, all the yachts, private planes, luxury automobiles that will be purchased by those millionaires, calculate the number of jobs necessary to create all those things, and you begin to understand the impetus behind economic growth. Not as good as food stamps or unemployment check of course, but impressive, nonetheless.

  18. RetiredSpook February 2, 2012 / 11:51 am

    Talk about coming to the party late.

    WASHINGTON (MarketWatch) — Federal Reserve Board Chairman Ben Bernanke once again urged Congress to put U.S. fiscal policy on a sustainable path, warning Thursday that the nation risks the possibility of a sudden fiscal crisis unless action is taken.

    “Although historical experience and economic theory do not indicate the exact threshold at which the perceived risks associated with the U.S. public debt would increase markedly, we can be sure that, without corrective action, our fiscal trajectory will move the nation ever closer to that point,” Bernanke said in testimony prepared for delivery to the House Budget Committee.

    The Fed chairman said that Congress should also “take care” not to impede the current economic recovery. He said these two goals were fully compatible.

    I know we’ve got some Keynesians on this blog. Can any of you tell me how Keynesian theory allows those two goals to be compatible? I mean, after all, it’s worked SO WELL in Japan for the last 2 decades.

    • Count d'Haricots February 2, 2012 / 12:22 pm

      That’s easy.

      Since it has been proven that the initial investment has a cascading effect on the economy, the federal coffers will soon be filled to the brim with all the new taxes realized from the simulative effect of the government action. Quick government action that invests in “infrastructure” will put a supply-chain into high gear; hiring, producing, building, training, voting, borrowing, lending, dancing in the streets and jubilee throughout the land.

      Once the government action begins, lenders will beat each other silly to toss money into the new economic model, since they receive their reserves from the government and can charge whatever rate they deem for the use of the taxpayers’ money, oh … wait, they can’t charge more than the government allows … no problem, the lenders will just sit on the reserves in low-yield investments that will be eaten up through infla … okay, new strategy, lenders will bet against the economic growth and, by coordinating the effort can guarantee the payoff.

      Okay, so there is no money to lend … uh, OH! I Got IT! The Government will loan the money to start this cascading effect of economic barn-dances! Using the lenders that have bet against the borrowers, the government can guarantee that there will be a flood of money into the economy, and to get the lender the profit back they lose by tossing money willy-nilly to political friends and donors alike, the government will tax the Banks that aren’t involved and have no ability to make profit off of this scheme.

      Crap! We still haven’t figured out how to start this dam cascade yet, okay, okay, here it is, the ,i>government will … uh … oh – oh the government will print money!

      Let the cascade begin!
      “Underwear Gnomes:
      “PHASE I – We steal all the underwear!
      PHASE II –
      PHASE III – WE take over the world!”

      • RetiredSpook February 2, 2012 / 12:29 pm

        Crap! We still haven’t figured out how to start this dam cascade yet, okay, okay, here it is, the ,i>government will … uh … oh – oh the government will print money!

        ROTFLOL!! Gee, I wonder why the Fed has kept rates at artificially low rates while, at the same time, new banking and financial regulations make it next to impossible for anyone to borrow money — well, except for people who don’t need to borrow money — they can borrow all the money they want — that they don’t need. I think it has something to do with the velocity of money.

      • Count d'Haricots February 2, 2012 / 12:56 pm

        And we all know that people borrow simply because of low interest rates! /sarc

        Here’s a clue for the Keynesians; real output increases result in employment changes, not government sponsered make work projects.

        Keynesians aren’t concerned with money velocity since they believe the only variables are output and employment and money supply dictates velocity on their planet.

  19. J. R. Babcock February 2, 2012 / 1:37 pm

    Just when I start to get comfortable with Romney being the likely nominee, he comes out with this:


    Republican presidential contender Mitt Romney renewed his support Wednesday for automatic increases in the federal minimum wage to keep pace with inflation, a position sharply at odds with traditional GOP business allies, conservatives and the party’s senior lawmakers.

    • watsonredux February 2, 2012 / 9:45 pm

      Don’t worry, J.R. He isn’t really for increasing the minimum wage. He’s just saying that to make up for the day before, when he said he wasn’t concerned about poor people.

      Mitt will say and do anything to become president.

      • J. R. Babcock February 3, 2012 / 12:39 am

        I don’t have a problem with what Romney said about the poor, Watson. Most news accounts are taking it out of context, and he’s already said he worded it badly. So who do you favor at this point?

      • watsonredux February 3, 2012 / 3:25 am

        J.R., I heard the context. A problem with Mitt is that he frequently words things badly. I mean, how many gifts is he going to give to his opponents before all is said and done? So he screws up one day and over compensates the next. Does ANYONE know where he stands anymore? The guy comes across to me as tone deaf and dishonest.

        Who do I favor at this point? I think Obama will be re-elected.

  20. Green Mountain Boy February 3, 2012 / 1:45 am

    Cluster, In regards to this.

    “Sometime you have more in common with left than you do the right:”


    This has nothing to do with “whiteness” or being white. Did you even look it up? If you did, how did you make that connection?

    This only had to do with how Mr.Romney percieves himself.

    LOL I have something in common with the left. The same could be said about you the way you will laucnch a personal attack now and again.

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