Author: tiredoflibbs

Regardless of the “fiscal cliff” issue – obAMATEUR WILL RAISE TAXES on EVERYONE Regardless of Income!!!

tiredoflibbs11 Comments

ObAMACARE is coming and it will affect EVERYONE regardless of income.  Open your wallets – BOHICA!

http://www.atr.org/trillion-obamacare-tax-hike-hitting-jan-a7393

How soon does everyone forget! – especially the mindless drones of the DEMOCRATS and the WHITE HOUSE.

There is more to come!  Remember, “we have to pass the healthcare bill in order to see what is in it” – the former (fortunately for us) speaker from Haite-Ashbury.

UPDATE, by Mark Noonan:  A good point…if we let taxes rise then we’ll essentially just be sticking Americans with the bill for President Obama.  Obama cruised to re-election partially because taxes remained low while Obama went on a spending binge.  Now we have a chance to square accounts and let people know just what Obama and his Democrats are costing…and that might make people think differently in 2014 and 2016.  People thought that Hope and Change meant free stuff…well, it did…until now.

UPDATE II, by Mark Noonan:  One of the alleged worries about going over the fiscal cliff is that the mandated cuts in spending will force us in to recession.  One can only believe this sort of idiocy if one believes that government spending got us out of the Great Depression.  Of course, any reasonable observer of what happened – ie, the Great Depression continued in unabated force as both Hoover and FDR ramped up government spending – knows that government spending didn’t do a darned thing to help the American economy.  And its not doing anything to help, now – in fact, by grossly misallocating resources based upon purely political considerations, its likely making the economy worse.  For those, however, who want to persist in thinking that the spending cuts will harm the economy, here is a report showing that the “multiplier effect” of government spending is zero.

As for me, I believe we re-entered recession some months ago…and we’re back in recession because government tax and regulatory policy has crippled America’s productive capacity.  Here’s a news flash:  if you don’t make, mine and grow as much stuff as you used to, you won’t be as rich as you once were.  Period.  End of story.  The fix lies in changing the tax and regulatory stance of the government to be pro-growth…and to cut spending so that we don’t have a complete financial melt-down spinning us in to decades-long recession.

UPDATE III, by Mark Noonan:  The NY Post has an article about people, once told how much their taxes will rise, are getting upset.  Good.  Given that the biggest bite will be among people who live in blue areas of the country, it is only just that they pay the piper for their absurd vote for Obama.  Oh, to be sure, it’ll hit me, too…but I live in a low-tax State and so I’ll be hit less than New Yorkers and Californians.  Boys and girls, ultimately the 2012 election was all about the fiscal cliff – meaning how to deal with spending and taxes to deal with the gigantic bill Obama and his Democrats have run up since 2009.  That people preferred to concentrate on how mean Romney was because he was rich or wanted to talk about their lady parts or worried that birth control wouldn’t be “free” is not my problem…here is reality:  we’re broke.  Obama has bankrupted the United States – and its either take a huge hit in taxes or give up the free stuff.  Pick one.

Proggies Act Surprised ….. We Told You So!

tiredoflibbs21 Comments

“On Obamacare……

As a result of obAMATEUR’s re-election and the highly improbability that ObamaCare being repealed, we’ve had several businesses come forward and state that this is going to affect the number of workers they have and hours they can work – two of them are  CEO of Papa Johns John Schnatter and Applebees franchisee owner Zane Tankel.  While these aren’t the only two, they are the latest business owners who have publicly stated the harmful impact that ObamaCare will have on their businesses, their workers’ jobs and benefits.

The proggies are “shocked”.  They took to Twitter to demonize these business owners (hey they learned from the professional agitator using Alinski, his mentor’s tactics) , and pushing for others to boycott their businesses.  Hey you proggies – Can’t say you weren’t warned!  Business owners have been out there telling you exactly what you had coming to you if obAMATEUR was re-elected and ObamaCare stayed the law of the land.  Of course, you chose not to listen to those warnings.  It doesn’t make it these business owner’s problems! We told you so!!!

On to raising taxes……..

obAMATEUR is consumed with obsession about raising taxes on the “rich”.  We hear it in the press about his “wanting to make a deal” with Republicans for the so-called “balanced approach”.  All we have heard so far is the raising taxes on the “wealthy” – some balanced approach!  The complicit media (aka the propaganda arm of the White House) has done nothing but interview Republican and talk about raising taxes.  They have yet to question the obAMATEUR about the other half of the “balanced approach” – spending cuts.  Recently, on Good Morning America, they stated concern how “spending cuts will affect the economy”!  Excuse me?  We have seen MASSIVE government spending stagnate an economy.  We have proof that tax cuts work – several instances in fact.  Even the CBO disagrees with the lopsided “balanced approach” on raising taxes – Raising taxes has nothing to do with our fiscal cliff and getting our finances in order..

“Just how much deficit reduction would Obama’s tax hikes on the rich necessarily accomplish?

Nothing, according to the Congressional Budget Office.

Letting tax rates rise to Clinton era levels for those families making over $250,000 a year would only raise $824 billion over ten years. That is not even enough revenue to undo the sequester that Obama promised “will not happen” during his final debate with Mitt Romney.”

If we gave you your way and CONFISCATED ALL THE WEALTH of the so-called targeted “wealthy”, you would have enough money to run the government for a few months.  That’s it!!!  We have a spending problem in this country.  This pResident who has ran up the debt than the first 42 presidents COMBINED!  Again, it is not our problem that you PREDICTABLY ignored FACTS and re-elected this buffoon.  We told you so!!!

More recent higher jobless claims ….

We now have 439,000 new jobless claims for the first full week after the disastrous reelection of the “one we have been waiting for” – the obAMATEUR and I do mean AMATEUR!  Pennsylvania and Ohio led the pack.  Two unionized states.  Two crucial states won by obAMATEUR.  The obAMATEUR sycophants are trying to put the best possible spin on these numbers — saying that they’re due to layoffs from Hurricane Sandy.  What utter CRAP!.  Layoffs in Ohio?  Pennsylvania?  Heavy union states?  We had New Jersey turn away NON UNION ELECTRICAL WORKERS, as an example of their dedication to union labor even in a disaster such as this!!!!

These layoffs are the direct result of re-electing this anti-business failure (a failure at everything he has put his hands on) of a pResident.  Businesses have been struggling that last four years.  There has been no recovery.  There have been BILLIONS of dollars spent by these businesses to comply with new regulations coming from this White House and the EPA.  The EPA will soon unleash the flood of new so-called “clean air” rules that will send energy costs through the roof.  Taxes on small business owners are going to rise.  Capital gains taxes on investors – going up.  There is absolutely NOTHING on the horizon with four more years of obAMATEUR that gives one iota of hope for a better business and economic climate ahead.  So … it’s time to go lean … and that’s just what these businesses are doing.  They’re shedding employees to get under the ObamaCare threshold. They’re looking for ways to get more efficient so that they can rid themselves of unnecessary workers.  As a result we see jobless claims are on the rise .. the highest number since the middle of 2011.

The obAMATEUR, his sycophants, drones and lemmings want to blame it on the storm.  Well .. .they’re half-right.  It’s a storm all right, but not Hurricane Sandy.  It’s the storm of taxes and regulations that are coming with the reelection of an anti-business, tax and spend president.

Elections have consequences.  Here’s your pink slip.  Enjoy.  And if you’re an obAMATEUR voter, I’m enjoying it right along with you.  You did it to yourselves.  We told you so!!!

 

What? You Expect obAMATEUR to Obey the Law? Are You Kidding???????

tiredoflibbs30 Comments

The WARN Act – a FEDERAL law requiring businesses with more than 100 employees to notify workers at least 60 days in advance of a mass layoff or plant closing, due to cuts in their programs and contracts.   Huge cuts are coming to the defense department on Jan. 2nd.  This would require contractors to notify their affected employees that they will not have a job come Jan. 2nd, 60 days before.

This will mean that due to obAMATEUR’s cuts and by federal law, these people will get their notices just before the election.

The obAMATEUR administration has told the government contractors to HOLD OFF on the layoff notices.  AND THE GOVERNMENT SAID IT WOULD COVER LEGAL COSTS IF CONTRACTORS ARE FORCED TO SLASH THEIR PAYROLLS BECAUSE OF THE CUTS AND THE REQUIREMENTS BY THE WARN ACT!!!

So again, obAMATEUR has no respect for the law when it gets in HIS way.  His way being the poor timing just before the election.  Hundreds of thousands are expected to be affected by the cuts.  BUT HEY, IT IS AN ELECTION YEAR!  His reelection is more important than those of hundreds of thousands of Americans.  I thought he represents all the people – only those that serve his interests and these don’t.

This attempt bot “pay” these companies’ costs is nothing more than a tax payer funded BRIBE to ignore the WARN Act and help HIM achieve his desire to remain pResident.

http://money.cnn.com/2012/09/28/news/economy/spending-cuts-fiscal-cliff/index.html

http://thehill.com/blogs/defcon-hill/industry/259517-graham-says-hell-block-reimbursements-in-layoff-notice-fight

Time For the Proggies and Their Mindless Drones to Put Their Money Where Their Mouths Are!

tiredoflibbs123 Comments

IF this gets through and pResident signs it, then the screeching proggies and their mindless drones, who believe that they don’t pay enough in taxes, can contribute more to pay off the debt.

Of course, they won’t pony up any extra money.  Their philosophy is what is theirs is theirs and what is ours is theirs as well.

I don’t expect this to get past the obstructionist Senate (they haven’t passed a budget in three years)!

http://www.washingtontimes.com/blog/inside-politics/2012/sep/19/house-passes-new-buffett-rule/

Update: Fixed the link for those too lazy or incompetent to type in the text.

obAMATEUR’s Pathetic Economic Recovery

tiredoflibbs96 Comments

The unemployment report on Friday was absolute proof of obAMATEUR’s failure as pResident to help our nation recover.  Millions of people remain unemployed or under employed and millions more have simply given up.  Specifics?  This list breaks down how bad things truly are under the obAMATEUR’s “Recovery” (in name only).

  • 5.1% – The current unemployment rate for government workers, which is the lowest unemployment rate for any of 17 different categories and subcategories of industries for which employment is tracked and published on a month-to-month basis by the Department of Labor.
  • 8.1% – The current national unemployment rate, which dropped .2% because 368,000 Americans dropped out of the labor force in August.  Do you understand what you just heard?  These people –368,000 of your neighbors and friends – just said the hell with it and gave up.
  • 8.4% – What the unemployment rate would be if the labor force participation rate had stayed the same as just last month – if those people had stayed in the job market and kept looking for work.
  • 11.2% – What the unemployment rate would be if we had the same number of people either working or looking for work now as we did when Obama took office.
  • 14.7% – The U-6 unemployment rate, which includes all of those who are unemployed and under-employed (part-time workers who want full-time work).
  • 39 – The average number of weeks that workers find themselves out of the jobs market (the long-term unemployed).
  • 43 – The number of consecutive months with joblessness above 8%.
  • 63.5% – The current labor participation rate, which is the lowest share of Americans over age 16 in the workforce since September 1981.
  • 2025 – If we continue to create jobs at a rate of just 96,000 per month, it will take until 2025 just to return to pre-recession unemployment levels.
  • 41,000 – The number of jobs created for the prior two months were revised lower by 41,000 jobs.
  • 96,000 – The total number of nonfarm jobs created in August.
  • 119,000 – There were 119,000 fewer Americans employed in August than there were in July.
  • 173,000 – The increase in the number of food stamp recipients for the last month for which we have data (June).  Compare that to the number of jobs being created …
  • 250,000 – The number of jobs per month needed to have significant job creation impact and bring down the unemployment rate.
  • 368,000 – The number of Americans who dropped out of the labor force in August.
  • 5 million – The number of jobs still needed to get back to the point where we were in the end of 2007.
  • 20 million – The number of unemployed, underemployed and discouraged workers who’ve left the labor force altogether.
  • 31 million – That’s the population growth since 2000, yet fewer Americans are working today than in April 2000.

UPDATE (since whiny proggy drones refuse to refute facts but nitpick at sources): Hat tip: Neal Boortz,  VERIFIED WITH: BLS, LA Times, ABC News, TIAA Cref, Census Bureau, Forbes – to name a few.  These pathetic facts along with raising taxes on all incomes for obAMACARE, increased food prices due to the drought and increased fuel costs (another obAMATEUR failure), faster rising (rising faster than it would have without obAMACARE) healthcare and premium costs due to obAMACARE and more people on Welfare and receiving food stamps than ever before.   obAMATEUR maintains that Americans are better off than they were four years ago (with little explanation).

It is no wonder obAMATEUR deflects the campaign to Romney’s tax records and other such attacks.  The man has no positive record on which to run.

These drones believe that I would put up FACTS that have not been verified?  They are in for extreme disappointment.  This is a DISCUSSION BLOG now refute the FACTS or STFU. – Rico you have used this cowardly dodge before.

 

obAMATEUR’s Speech? BORING! Nothing New. Just Stale Recycled Ideas ….. Failed Ideas.

tiredoflibbs69 Comments

When you are in a tight race with your political opponent, you should not recycle a Jobs Act speech that failed to even persuade Democrats in Congress to pass your signature re-election initiative.

But that’s what the obAMATEUR did. After Bill Clinton filled the delegates with what they wanted to hear.  obAMATEUR took to the stage and reduced, reused, and recycled old states of the union speeches that have failed him for four years.

It was boring. It was unoriginal. And it was filled with more empty promises. Remember, he promised to cut the deficit in half  or he would be a one term pResident.  Clint Eastwood’s empty chair could have given a better speech than what obAMATEUR read from the teleprompter last night. And to think he wanted to give that in a 80,000 seat stadium!

This was a safe speech you give when you have a lead. This was not a speech you give in a tight race. Don’t believe me? Here are excerpts from his past States of the Union and Jobs Act speech. Lots of platitude, lots of rhetoric, little in detail, and a lot of worn out lines that have failed him before.

Listen to these lines. This speech was unoriginal. He stacked it with straw men and ignored his own two major initiatives from the first term: Obamacare and the Stimulus.

This was a failure and you know it was because he failed to even bring up his own major initiatives. On Obamacare, he mentioned parts of it, but never defended it or referenced the “Affordable Care Act” (Affordable? Rates have risen more dramatically than they would have without obAMACARE).

His only “accomplishment”, his gold ring (at least it was a couple of years ago) and he does not mention it?  He does not tout it?

As I have said before, he is fulfilling his own statement.  When you have no accomplishments, no record on which to run, there is nothing to do in a campaign but attack, obfuscate and LIE! (and please velma do not write AGAIN, “you would not acknowledge the President’s accomplishments” – LIST AND DEFEND THEM).

In short, the speech was PATHETIC.

Open Thread: BAraCKWARDS! Hope and Change A Miserable Failure!

tiredoflibbs42 Comments

Why? You ask that ‘Hope and Change’ is a miserable failure?

Well, for one thing, if he had a successful record on which to run we would not see the LIES and the PANDERING of certain groups from the left.

The Obama propaganda team tries to distance itself from the now-infamous Romney cancer ad.  But there’s one problem …

Re-igniting the war on women, at a campaign stop this week, Dear Ruler accused Republicans of wanting to take the nation“back to policies more suited to the 1950s than the 21st century.”

We have not one, not two, but three members of the ObamaMedia who say that Mitt Romney’s ad on Obama gutting welfare reform is raaaaaaaacist.

His green energy programs, most of which went bankrupt…

The Solyndra scandal widens … Obama’s staff arranged for him to be personally briefed last summer on the loan program to help clean-energy companies like Solyndra.

NEGATIVE net job creation even after the stimulus (over $1 trillion in new spending), in which we were promised unemployment would not rise above 8%.  We have been over that for FORTY STRAIGHT MONTHS.  His team predicted that we would be around 5.6%.

Compared with each president since 1945, Obama ranks dead last in job creation, losing 316,000 jobs.

On Monday, August 13, the national debt will reach $16 trillion.  Obama, the same ruler who in 2009 promised to CUT THE DEFICIT IN HALF by the end of his first term, is responsible for more than $5 trillion of that debt.

Out of control spending with the stimulus and other WASTEFUL programs, Solyndra, nationalizing the auto industry, cash for clunkers, omnibus spending bills, etc. etc.

How the Department of Homeland Security wasted millions of tax dollars on a chemical facilities security program.

“We must pass healthcare to see what is in it.” – we were sold a FRAUD when it came to healthcare.  Premiums are going up at a more alarming rate that BEFORE and actually seeing a doctor will take longer and care will be rationed to control costs.

Nearly two-thirds of employers expect to see a cost hike in their health plans when ObamaCare goes into effect in 2014.

A new CBO report says that under ObamaCare, 30 million non-elderly Americans will remain without health insurance in 2022.

And from the GOVERNMENT IS OUT OF CONTROL FILE:

The Oregon man convicted of collecting rainwater and snow runoff on his own property surrendered to authorities this week to begin serving his 30-day jail sentence.

The looters, moochers and drones will insist on four more years of this train wreck of an administration.

Pathetic.

Keep it civil people….

Update: whatever happened to:

“I will not sign a plan that adds one dime to our deficits — either now or in the future.” 
(Remarks by President Obama to a Joint Session of Congress, September 9, 2009)
This afternoon Budget Committee Ranking Member Ryan walked through why the bill put forward by Democrats FAILS the President’s deficit test.
Vice-Presidential candidate Paul Ryan took apart obamacare in six minutes.

How “Progressive” is our Tax System?

tiredoflibbs41 Comments

Professor and chairman of the economics department at Harvard University, Greg Mankiw, took the latest CBO report and ran some numbers for 2009, the most recent year for which we have records.   He wanted to look at not only the amount of taxes someone paid, but also how much money individuals got BACK from the government in the form of refundable tax credits, welfare payments, entitlements and other government goodies.

So here are his calculations for the taxes each income level pays.  What this economist measured here is the amount of taxes the members of these income groups paid TO the government minus the amount of money these people got back in the form of various government payments:

Bottom quintile: -301 percent
Second quintile: -42 percent
Middle quintile: -5 percent
Fourth quintile: 10 percent
Highest quintile: 22 percent
Top one percent: 28 percent

As Mankiw explains the bottom quintile of Americans are essentially receiving $3 in UNEARNED income from the taxpayers for every dollar they earn.  He also points out something rather critical, and this is the fact that the middle quintile of taxpayers is in the negative, which means that they are net tax consumers.  That is almost a 20 point swing since 1979, when middle income earners were tax contributors.

This explains how 50% of Americans pay no income taxes at all … and instead absorb tax money paid by others.

As Ben Franklin has said:

Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote.

When the people find that they can vote themselves money, that will herald the end of the republic.

http://jpetrie.myweb.uga.edu/poor_richard.html

These FACTS do not bode well with the proggy LIE, in their class warfare, that the “rich are not paying their fair share”!