Obama budget – more spending than anyone can comprehend
With his debt-busting budget which contains a $trillion tax increase, President Obama plans to have the Federal government spend 25 percent of the entire U.S. economy – one out of every four dollars produced in the U.S. Obama’s massive spending plan puts the Democrat-controlled Congress on track to double the national debt by 2010 – to $17.6 trillion, after just four years of controlling the | Read More »
Today’s Headlines — Feb. 27, 2009
http://www.washingtontimes.com/news/2009/feb/27/obama-conclude-iraq-mission-2010/ Obama to conclude Iraq mission by 2010 — http://www.washingtontimes.com/news/2009/feb/27/americas-3-trillion-iou/ Obama proposes sweeping, $3.6 trillion budget — http://www.washingtontimes.com/news/2009/feb/27/charity-tax-challenged-by-political-friends/ Charity tax limits upset many — http://www.washingtontimes.com/news/2009/feb/27/obamas-intelligence-pick-linked-to-saudi-arabia/ Obama’s intelligence pick linked to Saudi Arabia — http://www.washingtontimes.com/news/2009/feb/27/banned-firms-given-millions-despite-fraud/ Banned firms given millions despite fraud Loopholes used to gain contracts — http://www.washingtontimes.com/news/2009/feb/27/redskins-sign-haynesworth/ Redskins sign Haynesworth — http://www.washingtontimes.com/news/2009/feb/27/the-final-countdown-for-bowden/ Nats sources say GM’s job in jeopardy — http://www.washingtontimes.com/news/2009/feb/27/a-winning-hand-with-conservatives/ Poker industry woos CPAC | Read More »
What Will Obama’s Budget Cost You? $25,573.48… EACH!
Obama is about to unleash a $3.552 TRILLION budget on this poor nation. So, if we each of us were expected to fork over our share of that tab, what would it cost us? Well, according to Toby Harnden, blogger for the Daily Telegraph, it would amount to $25,573.48 each. I don’t know about you but, I just don’t have it. So how much will | Read More »
Your Summary Of The Obama Budget Plan
They really don’t come as blunt as this: “The taxing aspect of this is worse than Robin Hood,” said economist Peter Morici, a University of Maryland professor. “He’s resurrecting class warfare for political gain.” Oh, and say hello once again to Ms. Rosy Scenario. She is a lovely lady, to be sure, but quite often, she promises far, far, far more than she delivers.
Obama talks fiscal responsibility, but delivers a $1.75 trillion dollar deficit budget (With yet another bank bailout)
I’ve come to understand that whenever Obama promises something, it is time to expect the opposite. Nowhere is that more apparent than when it comes to fiscal responsibility. This budget does not deliver whatsoever when it comes to that. I knew it was a joke when he talked about slashing the deficit in half in four years. That’s unacceptable. It needs to be balanced. Period. | Read More »
Today’s Headlines — Feb. 26, 2009
http://www.washingtontimes.com/news/2009/feb/26/hard-choices-budget-sees-175-trillion-deficit/ ‘Hard choices’ budget sees $1.75 trillion deficit — http://www.washingtontimes.com/news/2009/feb/26/outlook-grim-for-budgets-costly-initiatives/ Outlook grim for budget’s costly initiatives — http://www.washingtontimes.com/news/2009/feb/26/raid-on-immigrants-alarms-obama-backers/ Raid on illegals dismays Obama backers — http://www.washingtontimes.com/news/2009/feb/26/lawmakers-hit-obama-proposal-to-cut-farm-aid/ Lawmakers reject Obama plan to cut farm aid See no need to review subsidies in bill completed last year — http://www.washingtontimes.com/news/2009/feb/26/napolitano-urges-war-on-mexican-drug-violence/ Homeland security: Help needed on U.S. border — http://www.washingtontimes.com/news/2009/feb/26/operation-against-mexican-drug-cartel-yields-755-a/ 755 arrested in drug cartel operation — http://www.washingtontimes.com/news/2009/feb/26/oil-chiefs-make-case-for-offshore-drilling/ Oil | Read More »
Obama’s Budget: $4 trillion in spending, a $1.75 trillion deficit, and another $750 billion bank bailout
President Obama’s national debt busting first budget projects a $1.75 trillion deficit so Obama can spend nearly $4 trillion in fiscal year 2010 and “creates space” for another $750 billion bank bailout. The White House will formally release Obama’s budget boondoggle overview at 11:00 a.m., but at FoxNews, Major Garrett provides a preview: Senior administration officials would not disclose a precise figure for the entire | Read More »
Another Trillion This Week.
The House just passed over $400 trillion in spending and Obama puts forward over $600 billion in health care funding. So that is another trillion this week. A trillion last week, too. I wonder how many weeks in a row we can spend a trillion dollars and still be able to sell treas securities to finance it. We are already very close to the | Read More »
Democrat Money Laundering (Re-Distribution)… Pet Projects, Political Pay-Back, Earmarks, TARP II, Porkulus II, etc…
It is all the same old Liberal Spending attempting to be couched in new terms and that is all! Whether it be a Governor, a City Mayor, or John Q. Public putting forth the “suggested” need for Government Spending doesn’t matter. Couching it as “Shovel Ready” also doesn’t change the Fact that it has been someones Pet Project, for potentially years prior to this point | Read More »
, Barack Obama
, Harry Reid
, Nancy Pelosi
, Political Payback
, ReDistributive Justice
, spreading the wealth
, tax and spend
You’ll just have to make do with what you’ve got!
If you can’t afford it, you’ll just have to do without!! What is so freakin’ hard to understand here?! Common sense dictates that we cannot borrow our way out of this mess. Our current budget methodology is akin to the gambler that increases his bets in a futile attempt to recoup his already mounting losses! You’ll just have to make do with what you’ve got! | Read More »
California’s Budgetary Folly
California today passed its new budget that included, amongst other things, a massive $14 Billion Dollar tax increase. Proponents of the increase justify it by claiming its only a temporary increase (two years) but fail to mention that California voters (who have never met a tax they didn’t love) get to vote to make it permanent next year. In this budget the state continues | Read More »
CA Republicans Cave
Kansas Republicans stood firm against Democratic Gov. Kathleen Sebelius’ attempt to tax refunds and paychecks for government workers hostage in that state’s recent budget crisis: Sebelius’ budget director had asked the Kansas Finance Council — made up of Sebelius and eight top lawmakers — to approve the transfers Monday to get the state through a cash-flow problem. The state had already borrowed $550 million from | Read More »
Heads on a Stick!
Some Ca GOP Senators are aware of their endangered status Cal Senator Abel Maldonado (R-Santa Maria) is in the bulls eye of both Senate majority leader Darryl Steinburg and the more conservative Californians, both trying to sway Maldonado to vote either Yes or No on the massive tax increases. In this picture Steinburg is trying to convince Maldonado (R) and Senator Dave Cox (R-District 1) | Read More »
Congratulations to Eric Cantor and John Boehner
If there ever were a time that we needed effective Republican leadership, it would be in this Porkulus bill effort. Even the “pared down” seven hundred billion dollars ($700,000,000,000) is a ridiculous amount of money, and will pave the way for a try at a tax hike, so it’s been essential that we Republicans step back and force the Democrats alone to own that bill. | Read More »
Californians ask, Where’s Our Money Gone?
Pretty obvious the state is broke; we’re over taxed, what gives? One thing is no surprise, Californians keep voting for bond propositions like tougher sentencing for criminals and healthcare for kids, all good ideas, but with no additional funding sources allocated the draw is heavy. Mercury News did an analysis that states basically California spent more than it took in. Duh. Sacramento politicians used accounting | Read More »