01 May 2009

The Misery Index: His First 100 Days

Here we are folks, standing at the precipice of economic disaster and authoritarian rule.

While the Leftists and Obama-Drones are writhing in orgasmic ecstasy over Barack Obama's first 100 days in office, those of us who pay attention to the details are understandably upset at this outrageous wholesale theft of public resources.

A few of my recent commentators have suggested that we Republicans are upset because we lost. The aspersion cast is that we're acting like "cry-babies."

I can only speak for myself, but I'm upset for a number of reasons - none of which has anything to do with which party won the last election. We now have a radical Marxist in office, someone who doesn't like America. Now we can see that those 20 years of lessons sitting at the knee of Jeremiah Wright really DID sink in. While Obama is going overseas and sucking up to third-world despots like Hugo Chavez, Raul and Fidel Castro, and Daniel Noriega - he is agreeing with our enemies and apologizing for the United States of America. What do we have to apologize for? Should we apologize for leading the world in life saving drugs? Technological innovations driven by a fast-fading free market economy? Should we apologize for going overseas to national disasters and spending billions on rescue operations? Maybe we should apologize for promising $50 billion to Aid to Africa?

Back to my point: I am angry at seeing a government growing increasingly hostile and out of control. So while the Lickspittles in the media do what their Handler tells them to do, let's take a look at some facts on Obama's First 100 days. I watched his press conference on Wednesday and was appalled at the lies that this guy spewed.

Let's look at three for now (I don't really have time today to get to all of them):

Lie #1 - "Obama inherited the deficit from Bush" - This is a big one. While BHO was a back-bencher state senator, and as a US senator - he voted for every one of the Bush administration's big government spending plan. He wanted government programs to grow and grow. On top of that, BHO has quadrupled Federal government spending. We're going to have $1 trillion of deficits every year for the next 10 years. The Congressional Budget office says that Obama's budget is "unsustainable" - which is as stringent a term as they could use short of "fucking retarded." Obama's plan will only make things much worse in the long term. We're already seeing that our GDP shrank 6.1% last year. That is the worst performance in 51 years. The CSMonitor reports that what's contributing to this is the fall in exports, private inventory investment, equipment and software sales, fixed investment in nonresidential structures, and residential fixed investment. This is exactly why Obama's plans won't work: He's draining the private sector through taxation and over-regulation to pay for his social programs.

So far, Obama's only proposal for dealing with the funding shortage is a tax increase on high earners, leaving "95% of working families" untouched. But the math doesn't work.

In 2006, the latest year for which data are available, the top 5% of families took home a whopping 36% of national taxable income, and paid 20% of that, or around $600 billion, in Federal income tax.

But even before the president's ambitious health care plan emerges from the Congressional policy grinder, the CBO estimates that his budget plans to spend an additional $400 billion each year. He's not going to get there with a small, or even a large, tax increase on high earners.

For one thing, the share of national income collected by the top 5% has undoubtedly dropped sharply since 2006, because their incomes tend to depend more on capital and business income, and on bonuses, all of which have fallen off. (That's why tax revenues fell off so steeply in 2001.)

And work by economists Thomas Piketty and Emmanuel Saez suggests that the deeper the crisis, the longer and deeper the hit to top incomes: the lessening of the gap between rich and poor during the fifties and sixties may in fact have been largely attributable to the deleterious effects of the Great Depression and World War II..



Even the Libs over at the San Francisco Examiner are predicting that Obama's inept economic policies are reminiscent of the Weimer Republic. 1,000% inflation rate anyone?

Lie #2 - "Obama's policies will create or save many jobs" - Don't make me laugh! USAToday reports that the unemployment rate in March was 8.5%, the highest in a quarter-century. The rate of underemployment — part-timers who wanted full-time work or those who had stopped looking for a job — hit a record 15.6%. With small businesses being asked to pay more and more, the entrepreneurs will have less capital to pay or hire employees. The only proven way to create jobs is to cut taxes and reduce government meddling in private enterprise. Sadly our doofus President is blinded by his own arcane ideology to see the rationale. CNN reports that right now 109 US cities have unemployment of 10% or higher.



Lie #3 - "Our Health care system is broken and only nationalizing it will fix it." - We have the best health care system in the world. BHO said the other day that he wants to lower health care costs. Do you understand how he'll do that under a nationalized health care plan? He'll close hospitals, deny services, eliminate MRI/CAT machines, fire nurses, doctors and their staff, and funnel life and death decisions about you and your loved ones to some bureaucratic council.

Obama-Drones love to say that socialized medicine works in the UK. Oh yea? How about this lovely piece published by the Daily Mail (UK)? The story points out that thousands of kidney cancer patients are likely to lose out on life-prolonging drugs because the National Health Service (NHS) is denying them access to 3 out of 4 new life-saving drugs. The NHS has a "rationing" council - ironically named with the acronym NICE - which decides what drugs UK citizens get and don't get. So do you want some faceless bureaucrat making a decision on whether your 7 year old little girl will get an MRI to diagnose a brain tumor? OR whether a new cancer drug will be authorized for your 66 year old father who's fighting for another 6 months of life? Not me, but that is EXACTLY what you'll get with national health care.

Even as I write this, a secret, closed door session of the Finance Committee is meeting to hammer out what our new national health care system will look like. Is this committee bipartisan? No. It is all made up of Democrats.

Do not believe the propaganda that there are 46 million uninsured in this country. That is a flat out lie. As I've posted before, 10 million of that number are illegal aliens. Here is a fantastic and thorough (Healthcare Costs for Illegals is Staggering) breakdown of where we are with illegals and their locust like behavior when it comes to health care. Illegal immigration will bancrupt us - as they are causing hospitals across the country to close because they don't pay their bills.

70% of those uninsured are uninsured for less than one year. 50% of that 46 million number are people who make over $50,000 per year and choose not to pay for coverage. Also, many of them are between the ages of 18 to 34 and don't need coverage right now.

Bottom line: Obama wants to take over (nationalize) the heath care industry, the banks, finance companies, the auto industry and the energy industry. Health care accounts for 16% of our GDP, energy accounts for 7%. The constitution, which he swore to uphold, strictly prohibits the federal government from acting in such an outrageous manner. Federalism is the concept that the Feds get their power from the states - it is now topsy-turvy: The states are now at the beck and call of the Federal government.

While BHO is busy demonizing Justice Department attorneys, kissing the ass of Marxist dictators, and apologizing for the United States - he's also busy enslaving millions of Americans through an unsustainable taxation and entitlement mindset.

God save us from these Charlatans.

15 comments:

Anonymous said...

So when are they gonna get busy on some Gun Control Laws? Seems the availability of munitions is drying up. Does this mean the end is near for those who play with guns?

Anonymous said...

Anonymous said...
So when are they gonna get busy on some Gun Control Laws? Seems the availability of munitions is drying up. Does this mean the end is near for those who play with guns?

6:27 PM

People are arming for possible revolt dildo boy.The only end will be for people who wish to destroy democracy and the Constitution.

Anonymous said...

Heard the Obama administration spent one billion dollars of the stimulus money on buying up ammunition. This ammo will be destroyed. Thus, the shortage is a government buy up.

Anonymous said...

Anonymous said...
Heard the Obama administration spent one billion dollars of the stimulus money on buying up ammunition. This ammo will be destroyed. Thus, the shortage is a government buy up.

8:52 AM

Nice try disinformation boy.The ammo is being purchased by Patriots in record amounts.Not black helicopters and FEMA camp commanders.

I'm the guy on the street and me and my fellow Patriots are buying the ammo,I get around.I know plenty of people in the industry and there is no hanky panky shit going on.Just RECORD sales.

This NEVER happened when Clinton was in office.People are genuinely concerned for the welfare of this country.BHO is not a friend of the USA and the AMERICAN way of life.

Anonymous said...

http://www.obamacrimes.info/

Anonymous said...

http://www.theobamafile.com/ObamaNaturalBorn.htm

Anonymous said...

ice try disinformation boy.The ammo is being purchased by Patriots in record amounts.Not black helicopters and FEMA camp commanders.

I'm the guy on the street and me and my fellow Patriots are buying the ammo,I get around.I know plenty of people in the industry and there is no hanky panky shit going on.Just RECORD sales.

This NEVER happened when Clinton was in office.People are genuinely concerned for the welfare of this country.BHO is not a friend of the USA and the AMERICAN way of life.

10:00 AM Hmmm, ever notice the price is being marked up a little too much. Is the Jew dealers behind this???

Rue St. Michel said...

It's probably a factor of high oil prices 12 months ago and the manufacturers passed the increased production cost on to us - the consumers.

Totally agree with 10:00am - the ammo is getting bought up by those who know that this administration is going to gun-grab in a big way.

Team Obama doesn't care about, nor recognize the validity of most of the amendments, let alone the Second.

He actually said that the constitution is just a bunch of "negative rights" and should be changed to reflect what "the government should do for you." The government that is big enough to do everything for you, is also big enough to take it all away.

No thank you.

Anonymous said...

10:00 AM Hmmm, ever notice the price is being marked up a little too much. Is the Jew dealers behind this???

5:37 PM

Wrong again soft as puppy shit.The increased cost of ammo is due to several factors.

The war in Iraq and Afghanistan has severly strained US production capability.

The price of cash metals such as lead,copper,antimony,brass has increased.

Supply and demand:Patriots are purchasing HUGE quantities of small arms ammuntion by the billons.

Anonymous said...

The war in Iraq and Afghanistan has severly strained US production capability.

The price of cash metals such as lead,copper,antimony,brass has increased.

Supply and demand:Patriots are purchasing HUGE quantities of small arms ammuntion by the billons.

12:10 AM This war will bankrupt the U.S. and bring about the fall of Amerika! Bravo!

Rue St. Michel said...

Uh no, dumb-ass.

More social programs, entitlements and nationalized healthcare will bankrupt this country.

Wake up.

Anonymous said...

First off, Rue-y, Obama is no more a Marxist than Bush. When are you guys on the right going to realize this?

Secondly, when Obama took control the country was already in a financial downspin, and you cannot argue that point.

Thirdly, the unemployment is high because YOUR guy failed to take the proper steps in years past to prevent this.

Finally, the true drones are those who refuse to admit the mistakes of eight years of Bushonomics. He was a failure.

Belated May Day greetings. WORKERS OF THE WORLD UNITE!!!

"leftisthebest"

Anonymous said...

First off, Rue-y, Obama is no more a Marxist than Bush. When are you guys on the right going to realize this?

Secondly, when Obama took control the country was already in a financial downspin, and you cannot argue that point.

Thirdly, the unemployment is high because YOUR guy failed to take the proper steps in years past to prevent this.

Finally, the true drones are those who refuse to admit the mistakes of eight years of Bushonomics. He was a failure.

Belated May Day greetings. WORKERS OF THE WORLD UNITE!!!

"leftisthebest" Actually the banking and mortgage fall was caused by them being forced to give out mortgages to those who couldn't possibly afford them. Ca you say "Mud" people?

Anonymous said...

"leftisthebest" Actually the banking and mortgage fall was caused by them being forced to give out mortgages to those who couldn't possibly afford them. Ca you say "Mud" people?

7:23 AM

BINGO!!

Anonymous said...

Belated May Day greetings. WORKERS OF THE WORLD UNITE!!!

"leftisthebest"

7:20 PM

Liberal sodomites fingerblast yourself in the ass,your mind needs a scratch.