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!!!

Obama Kills Keystone, Offers Lame Excuse and Touts Unemployment As the Best Job Creator

The obAMATEUR is at it again.   The least ObAMATEUR and his administration could do is be straight with the American people.  When it comes to the decision to kill the Keystone pipeline, it had nothing to do with the reasons they cited and everything to do with Barack Obama’s reelection campaign.  Why can’t he just say that the radical environmentalist vote is more important than 20,000 American jobs and a path toward energy independence?

Instead, what does ObAMATEUR do?  He has the gall to kill the pipeline and then blame the Republicans!

Obama says that the reason he had to kill the pipeline is because the Republicans imposed an “arbitrary” deadline for him to make a decision.  Here was Obama’s statement …

“This announcement is not a judgment on the merits of the pipeline, but the arbitrary nature of a deadline that prevented the State Department from gathering the information necessary to approve the project and protect the American people.  I’m disappointed that Republicans in Congress forced this decision.”

Gathering the necessary information to approve the project?  The State Department has been reviewing this Keystone pipeline since 2008!  I’m told that even by federal standards, four years is a long time for a project like this to be in limbo.  As one Senator pointed out, “The Obama administration complains about a 60-day deadline, but in reality it has now had 1,217 days to make a decision.”

So that puts this asinine “arbitrary deadline” argument to bed.  Now on to the next one … its environmental impact.  Chief dog washer Jay Carney wants you to believe that if the pipeline were built, it could affect “the air that our children breathe” and the water they drink.  Seriously!

Jay Carney: [It] would severely hamper their ability to review an alternate route and a new pipeline route in the proper way, a way that has long been established by precedent and that would take into consideration all the criteria that are so important in decisions like this. Economic impact, national security impact, environmental impact, the effect on the water that our children breathe — rather, the water our children drink and the air that they breathe.

This is what you would call a bunch of politi-scare horsesqueeze.  TransCanada, the company looking to build the pipeline, has spent a full three years and $1.9 billion studying the environmental impact of this project.  The State Department itself has already done an entire Environmental Impact Statement.  Why they need another one is beyond me.

At one point, environmentalists complained that the pipeline would threaten the Ogallala Aquifer.  Researchers at the Conservation and Survey Division of the University of Nebraska have been studying this one stinking aquifer for 40 years.  Even they determined that “the pipeline would pose a minimal risk to the Ogallala aquifer.”  But the environmentalists bitched and moaned and so the Nebraska Department of Environmental Quality came up with a new route for the pipeline.  But that didn’t matter.  These environmentalists didn’t really care about the Ogallala Aquifer, they just cared about killing the pipeline altogether.  So they continued to push.

Meanwhile, Obama’s own jobs council on Tuesday said that the administration needs an “all-in approach” to energy policy, including oil and gas drilling and projects like the Keystone pipeline.  The President’s Council on Jobs and Competitiveness writes, “[W]e should allow more access to oil, natural gas and coal opportunities on federal lands.”

Instead, ObAMATEUR is insistent that jobless benefits and temporary payroll tax cuts will do more for jobs in this nation than actual jobs.  Back in December while battling over the extension of the payroll tax cut, ObAMATEUR said: “However many jobs might be generated by a Keystone pipeline,” he said, “they’re going to be a lot fewer than the jobs that are created by extending the payroll tax cut and extending unemployment insurance.”  The point, ObAMATEUR, is that you would rather have people on the government dole (keep the poor, poor) than allow them to work for a paycheck.  This ensures growing the dependent class and creating and keeping more Democrat voters in November.

Another lie perpetuated by the obAMATEUR and his fellow Democrat minions and looters is that the 1700 mile pipeline will in all likelihood not create the 22,000 jobs projected.   But, in another project in San Francisco they tout a 1.7 mile extension of the subway to create 43,000 jobs (is that with the additional unemployment benefits?).  The lies from the left keep growing and growing.

With much fanfare early in his administration, this “leader” appointed a jobs council.  This panel recommended that the rookie Executive support “policies that facilitate the safe, thoughtful and timely development of pipeline, transmission and distribution projects.”  Further, the jobs council said that failure to promote these facilities would “stall the engine that could become a prime driver of U.S. jobs and growth in the decades ahead.”

The result is that obAMATEUR ignored his much touted panel because it encouraged oil exploration and tax cuts (gasp!).  Now the drones will regurgitate the talking point that oil production is up since 2003.  Yesterday Press Secretary Jay Carney said this: “The fact of the matter is, on oil and gas production, we have higher oil production in this country in 2010 than we’ve had since 2003.”  When he made his announcement yesterday Obama said that under his administration “domestic oil and natural gas production is up.”

I heard the same thing from Juan Williams on Fox … repeating the “domestic oil production is up” line.

So … what’s the truth?  First, let’s differentiate between private and public lands. ObAMATEUR has a great deal of control over the exploration for and recovery of oil from public – government – lands.  When it comes to privately held property his degree of control (thank God) is somewhat less.  Now … KNOW THIS.  Listen up, because you won’t hear this from Juan Williams or the mainstream media.  Gas and oil production from federal lands is down by 40% over the last ten years.  The vast majority of increases in gas and oil production is taking place on private property … with North Dakota leading the way.  Also … obAMATEUR has issued the LOWEST number of offshore oil leases since 1984.  To top things off obAMATEUR just issued a 20-year ban on uranium mining on 1,000,000 acres of federal land in Arizona.

Get the picture?  It’s the private sector on private lands that is responsible for any increase in oil and gas production.  The obAMATEUR is working hard to move in the other direction.

Restarting the engine of capitalism

As we head into what is clearly the most important election in most of our lifetimes, possibly as some have said, the most important election since 1860, the biggest question in my mind is, how do we restart the engine of capitalism?  I believe the presidential candidate that best articulates the answer to that question will win hands down.

My personal feeling is that three of the most critical things that have to happen are (1) a national energy plan that promotes both energy independence and abundant, economical energy; (2) revamping our tax structure to make it simpler, broader based, more equitable and, most important, predictable over a reasonably lengthy period of time; and (3) revamp government regulations from top to bottom.  In a sentence, we need to get away from a system that penalizes success and rewards failure to one that does the exactly the opposite.

All comments are welcome, but please folks, try to engage in at least a modicum of critical thinking.  This is an opportunity for our resident Liberals to tell us what you would do to get our economy moving in the right direction again.  Any posts that simply advocate making the wealthy pay more will be deleted.  Surely at least some of our more intellectual Progressives can come up with Liberal ideas that have worked in the past or maybe even some new ideas that have never been tried before.  Everything is on the table except wealth redistribution — oh, heck, even that’s on the table if you can make a convincing case for where it has worked in the past.

 

 

Obama: More Jobs Created By Unemployment Insurance Than By Keystone

“However many jobs might be generated by a Keystone pipeline,” he said, “they’re going to be a lot fewer than the jobs that are created by extending the payroll tax cut and extending unemployment insurance.”

Four more years of this???

So using his logic, we need MORE people on unemployment insurance to create more jobs?  This man is an imbecile!

Actually, mathematically, stopping the extensions of unemployment insurance will cause more unemployed people to stop looking for jobs.  They fall out of the unemployment calculation and TA DA! unemployment numbers go down!

This country can’t afford four more years of this moron.  But the mindless drones will REGURGITATE (this is for you cory) these dumbed down talking points, rather than see the truth that this man is accurately labeled the obAMATEUR!

Pathetic.

The White House Said Unemployment Would Be 6-7 Percent By Now

So, today we learned that the unemployment rate ticked down to 9.0 percent, and that has Democrats acting like we’re now oh-so-lucky. Nancy Pelosi is even saying that had it not been for Obama’s stimulus, the unemployment rate would be 15 percent.

Besides the fact that she merely pulled a bigger number out of her ass to make 9 percent unemployment sound like an achievement, the fact of the matter is that the White House sold the stimulus on the assurance it would keep unemployment below 8 percent.

As you know, it didn’t. Unemployment peaked at 10.2 percent, and has remained well above Obama’s estimates. In fact, according to Obama’s calculations, the unemployment rate would have been between 6 and 7 percent by now.

This graph is particularly telling:

Image courtesy of The New York Times

The unemployment rate was actually worse than White House projections had there been no stimulus at all.

That is far more telling than phony estimates from Nancy Pelosi when her objective is to not make Obama look like a total failure.

Unemployment Stays at 9.1%

What recovery?

The U.S. jobs picture beat tepid expectations, with the economy creating a significantly better than expected 103,000 new jobs in September that nonetheless was not enough to cut the unemployment rate from 9.1 percent.

Economists had been looking for 60,000 total new nonfarm jobs, a month after the shock that the U.S. had created a net of zero new jobs. That August number, though, was revised upward in the latest report, to show the economy creating 57,000 jobs for the month.

It is also worth noting that half of the gains came from Verizon workers returning from their strike, making actual new jobs in September actually less than what was forecasted.

Is obAMATEUR a liar or just bad at math?

obAMATEUR has been caught in a lie yet again.  A liar is a person who knowingly says false statements  if they know those statements to be untrue at the time they utter them.  This brings us to some usual class warfare screen from the obAMATEUR.  Was it ignorance (he has an adequate supply, after all) or was he lying.

On multiple occasions, the obAMATEUR has stated that he should not be paying a lower effective tax rate than a teacher.  Here’s just one specific example (among several):  At a recent town hall meeting in Mountain View, California, the obAMATEUR said, “Somebody who’s making $50,000 a year as a teacher shouldn’t be paying a higher effective tax rate than somebody like myself.”

That’s a pretty bold claim on the part of the obAMATEUR.  FactCheck.org did the math, and you don’t have to guess at what they found … obAMATEUR’s claim that he pays a lower tax rate than a teacher earning $50,000 a year is FALSE (not surprisingly).  Here are the details from FactCheck.org.

A single taxpayer with $50,000 of income would have paid 11.9% in federal income taxes for 2010, while the Obamas paid more than twice that rate — 25.3% (and higher rates than that in 2009 and 2008). And if the $50,000-a-year teacher were in Obama’s tax situation — supporting a spouse and two children — he or she would have paid no federal income taxes at all.

The outcome is the same whether we count payroll taxes or not, and even if we look at what the $50,000 earner will pay on 2011 income. Whatever the assumption, the rates Obama paid were higher — and usually much higher.

The obAMATEUR has made it crystal clear that his 2012 reelection campaign is going to be based on the exploitation of wealth envy.  He has and will continue to resort to flat-out lying in order to pander to the dumb-masses (liberal drones to you slow witted leftists) who don’t know any better.  The obAMATEUR is creating his own reality – a reality where the rich don’t pay their “fair share” and he pays taxes at a lower rate than middle-class Americans  (A reality where many liberal simple-minded drones reside – some of them post here).  None of his statments are true, yet he will continue to push these ideas until people actually believe that they are true.

Me personally, I will go with liar.  These statements are untrue, he knows them to be untrue, and he knows them to be untrue at the moment he makes them.  That makes him a liar.

The obAMATEUR’s own campaign team has acknowledged this strategy of focusing on wealth envy, because he has zero accomplishments when it comes to the economy (and most other aspects of his presidency).  His advisors say, “He needs to shift the focus from his stewardship of the economy to the stark choice confronting voters about the nation’s political leadership.”  Yep, he can’t run on “FOUR MORE YEARS” or “ARE YOU BETTER OFF NOW THAN WHEN I WAS ELECTED?”   So now jobs are no longer the focus for the obAMATEUR.  I guess he got tired of “not resting” until he fixed the economy and created the jobs he promised.  Screw jobs, because the obAMATEUR knows that he doesn’t know how to solve that problem.

Instead, let’s focus on his leadership (in reality the lack thereof).  An obAMATEUR campaign advisor says, “Most Americans are very concerned about the future and the direction we’re going to take.”  I don’t see how the obAMATEUR  administration thinks that this is going to work in their favor considering the latest Rasmussen polls show that just 17% of Americans say the country is heading in the right direction.

So what direction does the obAMATEUR want to take this country?  Toward a redistributive society where the government seizes money from the Haves and gives it to the Have-Nots; toward a society where political leaders, not the private sector, decide where new economic growth will and will not be, and where new jobs will be created and where they will be eliminated.  The LATimes reports, “Obama is tapping into resentment over the growing concentration of wealth in fewer and fewer hands.”  They say this “helps the president forge an emotional connection with his base, especially minorities and working-class voters who have been falling behind.”

Does this re-election strategy inspire you to work hard or risk your savings to start the business of your dreams?  If the obAMATEUR manages to pull this off based on a re-election campaign of wealth envy, then the achievers in this country better bend over and grab their ankles.