Government Spending. Does It Really Work as a “Stimulator”?

Listening to obAMATEUR, his fellow looters, the moochers and the mindless drones, you would think that the Stimulus and the rest of the over $5 TRILLION in spending by our so-called “leader” would have had a huge effect on the economy.  They would be touting this into the next term.

Sadly, for the looters, this is not the case.  Private spending is needed for the economy to produce the fruit we have seen from successful administrations like Reagan’s.

We have a study now published in the National Journal of Economic Research from University of California at San Diego economist Valerie Ramey.  Ramey puts the proggies lies about the success of their spending schemes to rest.

According to Ramey: “An increase in government spending never leads to a significant rise in private spending.  In fact, in most cases it leads to a significant fall.”

“A significant fall”…… say it again…..  “A significant fall……”  One true measure of the proggy belief have been the headlines concerning the economy and job growth – “an UNEXPECTED FALL in economic grown” or “an UNEXPECTED RISE in unemployment claims”, etc etc.

We already know that obAMATEUR believes that the United States is great and successful because of “government investment” code for “spending”.  Ramey also finds that government spending increases government employment .. but not private employment.

That’s it liberals keep charging on your “Bank of China” credit card and kick the can down the road to our children and grand-children.  ObAMATEUR used those words as senator when criticizing President Bush.  But those words are no longer part of his rhetoric (or any other proggy’s for that matter) while he is the one in charge.  Come November, those words will make another appearance when the proggies no longer control the White House.

UPDATE:

The budget proposed by the obAMATEUR 2012 will result in a DEFICIT of $26 trillion dollars by 2022.   If you were to spend $1,000 per minute, it would take you about 49,000 YEARS to spend $26 trillion dollars.  The obAMATEUR will do it in ONLY 10 years! What an accomplishment! – any you proggy drones whine I cannot compliment your pResident.

That’s the debt your children and grandchildren are going to have to pay.  Here is another compliment – He sure spends other people’s money very rapidly.

We can’t afford another four years of this bozo and his fellow looters.  BTW,  I am sure this budget will be UNANIMOUSLY defeated like his others.  But he will blame only the non-proggies and his loyal drones will regurgitate the dumbed down talking point.

Obama’s Stimulus: Nothing but a Democrat Slush Fund

Just in case any of you out there ever thought that Obama and his Democrats actually cared about America – from Breitbart:

In their explosive new book Debacle: Obama’s War on Jobs and Growth and What We Can Do Now to Regain Our Future, Grover Norquist and John Lott, Jr. uncover a startling fact: heavily Democratic states with lower poverty rates, lower unemployment rates, lower bankruptcy rates, and lower foreclosure rates received most of President Barack Obama’s $825 billion Stimulus.

Put another way, Stimulus money went to precisely the states that needed it the least but were more politically connected to the Democratic Party….

You think that any Democrat leader out there believes that the money of the American people should be fairly distributed among those who need it most?  Oh, come on – if that were the case, the local Catholic Charities here in Las Vegas would have plenty of food to feed the homeless.  But, where is the upside in that for our Democrat wheeler-dealers?  Who gets paid when a bum gets fed?  For crying out loud, next you’ll be wanting to spend some “shovel ready” money to actually fix up distressed neighborhoods rather than having it spent on some more Solyndras!

There is a vile odor about the United States these days – something has gone horribly wrong.  Not just with Obama, of course – he’s just the tail-end-Charlie of a long, hideous string of events.  The capstone of a oozing pile of lies, swindles, hatreds and fears which have been used to extract power and wealth from the American people and transfer it to leeches and tin-plated tyrants.  And don’t get me wrong, here – there are plenty who claim to be Republican who are very much part of the problem.  But it is the left and its captive Democrat party which had led the way to degradation and which has nearly wrecked this nation.

We’ve really got to work hard for the rest of the year, folks – if you think things have been bad since 2009, just wait until a re-elected Obama gets to be flexible about things in 2013.

The Food Stamp President

From the Wall Street Journal:

The Congressional Budget Office said Thursday that 45 million people in 2011 received Supplemental Nutrition Assistance Program benefits, a 70% increase from 2007. It  said the number of people receiving the benefits, commonly known as food stamps, would continue growing until 2014.

It’ll grow until 2017, at least, unless we rid ourselves of Obama this November.  Though some people are starting to sound rather hopeful in that regard.

Obama has been an utter catastrophe for the United States – you take Johnson, Nixon and Carter, roll them in to one huge, nauseating political ball and you won’t get the disaster which is President Obama.  I honestly don’t think that Obama cares for America – not for the America that we Americans live in.  He has this vision of an entirely different America; something alien to our experience and against our finest ideals.  An America of socialist “rights” is what Obama wants – a right to government support, a right to not work, a right to be in school for decades, a right to retire early, a right to an abortion, a right to all the sex we can stand; and, of course, since he’s from Chicago, a right to political payoffs if you are properly connected to the elite…but no right to free speech, no right to worship God, no right to bear arms…

I am in good spirits, though – disgusted with things as they are, but still feeling confident.  I do believe we are awake.  Underneath the relentless MSM propaganda for Obama the real fight is going on…with patriots working hard to defeat Obama and these patriots will not be denied.  We’ll see how things come out – but on November 7th, I suspect we who love America will be highly pleased with the election results.

 

 

Obama: Can’t Even Do Stupid Right

Geesh – from the Telegraph:

President Obama erred during a speech at the Summit of the Americas in Cartagena, Colombia, when attempting to call the disputed archipelago by its Spanish name.

Instead of saying Malvinas, however, Mr Obama referred to the islands as the Maldives, a group of 26 atolls off that lie off the South coast of India…

Even calling them the “Malvinas” is dumb – that is what Argentine leaders attempting to distract their people call them; doing so in order to pretend that Argentina ever had a legitimate claim to the Falkland Islands.  But if you’re going to kowtow to hack politicians on the make, then at least use the right word, Mr. President.

Just to set the record straight – the Brits have been continuously settled in the Falklands since 1833 – or, to put it in to perspective, about 15 years longer than Americans have been continuously in Nevada.  If Argentina owns the Falklands, then Mexico owns Nevada.  The population of the islands is a bit more than 3,000.  These people mind their own business, make a fairly decent life in their harsh land and express absolutely zero desire to come under Argentine rule.  You have to be one of two things to hold that Argentina should be in control:  an idiot, or a hack politician.  Given Obama’s blunder on the name of the islands, I’d have to plunk down for “idiot”.

This is especially true now that the hacks in Argentina have been sabre-rattling over the islands – threatening a repeat of  Argentina’s 1982 invasion.  For Obama to go along with Argentine pretensions  – which signal that if they attack, we won’t do anything – only helps bring forward a blood letting.  Which, in turn, puts “idiot” more and more indelibly in the mind.

 

A Real Leader Gives Credit and Takes Responsibility While obAMATEUR Takes Credit and Shirks Responsibility.

What makes a leader?

Does this pResident have the abilities to be a leader?

This was the President that had “to descend his throne to become President” was going to “heal the planet”, “stop the rising oceans”, “improve relations with other nations”, “fix the economy”, “pay down the debt”, “balance the budget” etc. etc.  His failures just keep piling up.  But to listen to him, it is someone or something else’s fault – the tsunami, the Arab Spring, flooding, the evil Republicans, Big Oil, the Chinese and on and on and on…..

While, of course, our resident leftist, mindless drones would say “YES! HE IS A LEADER”.  His actions and record say otherwise.

Have at it! (It seems our resident leftist drones cannot comment on the more cerebral topics.  That is a little harsh…They cannot defend the indefensible.  Here is somewhat of an open topic for them to repeat their talking points.)

 

“Hello, Is This Thing On?”

Obama lifted his political skirt today as the media is now awash in how in a supposedly ‘hot mic’ unscheduled moment he told Russian President Dimitri Medvedev to pretty much ‘chill out’ and that he’d have much more ‘flexibility’ after winning his second term.

The main question to ask here, of course, is “Flexibility to do what?”

Well, perhaps candidate Obama can give us some clues:

In the full video, then-candidate Obama later stated that he is fully committed to the policy as outlined above, and that he will “keep (his) promises.”

But before you go dismissing out of hand the notion that Barack Obama keeps any of his promises, consider this:

Obama promised that health care ‘reform’ will pass; it did so, even though via the auspices of Nancy Pelosi and Harry Reid, we indeed did not find out what was in the bill until it was passed.

During the campaign, then-candidate Obama also promised that under his policies, the cost of electricity/energy will “necessarily skyrocket.”

That too, has become reality.

There are some promises, of course, that Obama chose not to keep; and one could argue never intended to keep. One was that you’d be able to keep your doctor and your health plan under Obamacare; another that the public would never be forced to pay for an abortion under Obamacare; you know, lipstick-on-a-pig type stuff.

But make no mistake. Obama is a dyed in the wool socialist. Any promise he has made that will serve to further his neo-socialist agenda, and in the process compromise America’s economic and military security (remember, America is arrogant and needs to be taken down a few notches), you can bet your bottom dollar (that is, if you have any dollars left when he’s done with the economy) he will keep.

So, sleep peacefully under Obama’s second term, knowing that he fully intends to bring the United States into the community of feckless, neutered, third-world nations.

How’s that hopenchange working for you, anyway?

obAMATEUR Continues His LIE – He Is Responsible For Increased Drilling

obAMATEUR stepped up his rhetoric on oil production and gas prices. Rightly or wrongly, the American people are blaming Obama for the cost of their latest fill-up. So obAMATEUR’s solution? Mislead the American people and pepper them with over-the-top rhetoric. For example, yesterday he tried to emphasize his (non-existent) drilling record: “So do not tell me that we’re not drilling. We’re drilling all over this country. There are a few spots we’re not drilling. We’re not drilling in the national mall. We’re not drilling at your house.”

Clever. But unfortunately those are not the FACTS. Just last weekend, Obama addressed the nation and stated that “[u]nder my Administration, oil production in America is at an eight-year high. We’ve quadrupled the number of operating oil rigs, and opened up millions of acres for drilling.”

Once again, let’s dispel these myths. (Myths, hell. They’re LIES.)

Oil production is at an eight-year high?

The US Energy Information Administration has finally put this one to bed. After looking at data from 2003 to 2011, production on federal lands under obAMATEUR was lower than all but one year of the Bush administration, and it hit rock-bottom in 2011. In fact, production alone dropped by 6% from 2010-2011 to its lowest level in nine years.

We’ve quadrupled the number of oil rigs?

I guess it is easy to claim that you’ve increased something, when you literally put a halt to it early in your administration. In 2010, after the BP oil spill, take a look at this gimmick pulled by the obAMATEUR administration … from the Institute of Energy Research, “The obAMATEUR administration would like you to think that major strides have been taken to increase drilling in the Gulf of Mexico. But, that is hardly the case. The administration has been touting the four drilling permits it has issued, but in reality, but these are not new permits—they have only reissued four permits that it suspended last year.” Also remember that the obAMATEUR administration held just one offshore lease sale in all of fiscal year 2011. President Bush’s energy plan called for five.

We’ve opened up millions of acres for drilling …

Under “the one we have been waiting for”, the federal government has leased less than half of the offshore acres that President Clinton did. In 2010 the federal government issued the lowest number of onshore leases since 1984. Our Dear Ruler is also blocking access to 19 billion barrels of oil in the Pacific and Atlantic coasts and the eastern Gulf of Mexico, another 10 billion barrels estimated in the Chukchi Sea off the Alaskan coast, and another 10 billion barrels of oil in the Arctic National Wildlife Reserve.

You are being LIED to and you drones just suck it up like ambrosia.

While Bush was President, the Democrats (and their willing propagandists in the media) never failed to bludgeon him with the full blame for rising gas prices.  Pelosi (and her mindless regurgitating drones) maintained that it was the “Two Oil Men in the White House”.  Now that they are in charge and their “man” is in the White House the LIES and the EXCUSES fly – “the President has no direct control of the oil/gasoline market”.  But as I said, Bush was totally responsible, while their “leader”, who has no tangible and realistic energy policy, is completely blameless.  The libs favorite talking point is that it will be a decade before drilling can have an impact and in the same breath, their “green and renewable” energy is a viable solution all of which is more than a decade away from fruition.

Again, you are being LIED to drones, why to you regurgitate the dumbed down talking points?  In your case, ignorance is definitely BLISS.

Hat tip: Neal Boortz

Thou Shalt Not Have Strange gods…

Eleven million taxpayer-funded dollars.  Supposedly to help 400 people in Detroit find jobs.  Even if every one of those 4o0 people found a job, that would be $27,500 in taxpayer money spent, per job.  Ludicrous enough, no?

Well, what if only TWO (2) of those 400 people found jobs?

A chunk of an $11 million stimulus grant meant to provide low-income Detroit residents with clothing for job interviews reportedly aided just two people — far short of the 400 job-seekers the money was meant to help.

The findings were part of a new audit on the city’s Department of Human Services, according to The Detroit News.

That, my friends, comes to a cost of $5.5 MILLION dollars.  Per job.  Nice return on investment there, Barry.
Fast forward to yesterday (emphases added):

In the wake of lobbying by President Obama and Senate Democratic leaders, the Senate Thursday defeated legislation to speed up construction of a U-S.-Canadian oil pipeline.The White House victory came after the president started personally calling Democratic senators Wednesday night. The vote underscored the extent to which rising gas prices and energy supply have become a central political issue.

So, to Barack Obama, a stimulus program that costs taxpayers hundreds of millions, and which is a failure by any clear-thinking person’s standards is hailed as a success; while killing a program that creates at least 25,000 jobs, all without a dime of taxpayer money, is somehow considered a ‘victory.’

To Barack Hussein Obama, nothing can be successful; nothing can be true and real unless it is a direct machination of government. No matter how big the failure a government program is, it is still a success, because to a statist like Obama, nothing is possible, nothing is real unless it has its underpinnings in government.

To Obama, Government is reality. The government is the source of all that is good and just in the world.  The private sector is what is contrived. To Obama, the private sector is an anomaly; an abomination that must be controlled so as not to infringe upon the government’s influence in people’s lives. The god of Government is a jealous god. Thou shalt not have strange Gods before it.  Even religion itself takes a back seat to Obama’s real religion.

(image credit here)

After all, in order to appease the god of Government and to gain its good graces, one must certainly give alms:

More than half of Obama’s 47 biggest fundraisers, those who collected at least $500,000 for his campaign, have been given administration jobs. Nine more have been appointed to presidential boards and committees.

At least 24 Obama bundlers were given posts as foreign ambassadors, including in Finland, Australia, Portugal and Luxembourg. Among them is Don Beyer, a former Virginia lieutenant governor who serves as ambassador to Switzerland and Liechtenstein.

….

Obama has appointed 59 ambassadors who were not career Foreign Service officers, and of those, 40 percent were bundlers.

Welcome to the church of Obama.

God help its heretics.

Obama is Wrong, He Could Bring Gas Prices Down If He Wanted To

So, Obama’s response to Republican candidates promising cheaper gas is absolving himself of any responsibility for the current high prices.

As [Barack Obama] traveled to the battleground state of Florida, Obama outlined his “all  of the above” approach aimed at boosting and diversifying domestic energy  production. He also made clear that as energy prices rise, there isn’t much he  or his administration can do to cut them.

“Now, some politicians always see this as a political  opportunity. You’re shocked, I know. Last week, the lede of one news story said, ‘Gasoline prices are on the rise, and Republicans are licking their chops.’ That’s a quote, that was the lede,” Obama said, quoting the first line from a  POLITICO story published last week.

“Because it’s an election year, they’re already dusting off their plan for $2  gas,” Obama said, and it’s a three-point plan to keep drilling. But “the  American people aren’t stupid … that’s a bumper sticker, it’s not a strategy to  solve our energy challenges.”

Correct, the American people aren’t stupid. They know that a president can’t sign an executive order to make gas prices lower. That said, Obama and the American people know there is plenty a president can do to bring gas prices down.

Let’s look at the facts.

1) Obama has already tried to bring gas prices down. Last year Obama tapped into the Strategic Petroleum Reserves. If he felt totally powerless to impact gas prices, he wouldn’t have bothered. That said, tapping the reserves was not even a great approach to bringing prices down.

Quite frankly, it was a dumb idea.

2) President Bush brought $4+/gal gas down to roughly $1.60/gal in 2008. You don’t have to take my word for that either. Look at this chart.

Now you might ask, “Why did gas prices plummet in the second half of 2008?” The answer is simple. President Bush lifted the offshore drilling ban in mid July. Without any new drilling, that act resonated with other oil producing countries, and our gas prices went down sharply.

3) When Obama banned offshore drilling, prices started back up even faster. Yup, soon after Obama banned drilling in Atlantic waters, gas prices went up even faster. There ought to be at least one White Intern who could figure that out.

Now, the real question here is “Why is Obama not doing anything about high gas prices?” Clearly, he has the power to impact prices. President Bush successfully did it. Obama, however, ignores his options, or refuses them. So, what gives? I have two theories. Either this has to do with benefiting his friends his the green energy business, or he’s waiting until closer to the election to quietly get gas prices moving sharply down in order to get as much political advantage out of it.

The question is, how much higher will gas prices get before you can no longer afford to drive? Gas prices impact the prices of many things, and filling up your tank won’t be your only problem. Food and commodity prices will go up even more. Gas prices, if they get much higher, will most likely bring about a double dip recession.