Saturday, July 30, 2011

Saturday Afternoon Humor, Gone January 2013

A little Saturday humor. This story gave me a chuckle. LOL

One sunny day in January, 2013 an old man approached the White House from
Across Pennsylvania Avenue , where he'd been sitting on a park bench. He
spoke to the U.S. Marine standing guard and said, "I would like to go in and
meet with President Obama."

The Marine looked at the man and said, "Sir, Mr. Obama is no longer
President and no longer resides here."
The old man said, "Okay", and walked away.

The following day, the same man approached the White House and said to the
same Marine, "I would like to go in and meet with President Obama."

The Marine again told the man, "Sir, as I said yesterday, Mr. Obama is no
longer president and no longer resides here."

The man thanked him and, again, just walked away.

The third day, the same man approached the White House and spoke to the very same U.S. Marine, saying "I would like to go in and meet with President

The Marine, understandably agitated at this point, looked at the man and
said, "Sir, this is the third day in a row you have been here asking to
speak to Mr. Obama. I've told you already that Mr. Obama is no longer the
President and no longer resides here. Don 't you understand?"

The old man looked at the Marine and said, "Oh, I understand. I just love
hearing it."

The Marine snapped to attention, saluted, and said,

"See you tomorrow, Sir."

Friday, July 29, 2011

Obama Approval Drops to New Low of 40 Percent

Everyone is abandoning Obama. 40% approval rating is being very kind to the president. The actual poll numbers are less than Bush approval numbers. We haven't seen 3 year of economic collapse under Obama in the 8 years of a Bush Administration. To say Obama's approval numbers are better than Bush is laughable.

(Gallup) PRINCETON, NJ -- President Obama's job approval rating is at a new low, averaging 40% in July 26-28 Gallup Daily tracking. His prior low rating of 41% occurred several times, the last of which was in April. As recently as June 7, Obama had 50% job approval.

Obama's approval rating averaged 46% in June and was near that level for most of July; however, it has stumbled in the past few days, coinciding with intensification of the debt ceiling/budget battle in Washington.

Obama's 40% overall approval rating nearly matches the recent 41% approval Americans gave him for handling the debt ceiling negotiations. Though Americans rate Obama poorly for his handling of the situation, they are less approving of how House Speaker John Boehner and Senate Majority Leader Harry Reid are handling it. Gallup does not include ratings of Congress or congressional leaders in its Daily tracking, and thus, there is no overall job approval rating of Boehner, Reid, or Congress directly comparable to Obama's current 40% overall job approval rating.

Obama's job approval rating among Democrats is 72%, compared with 34% among independents and 13% among Republicans. In the prior three weeks, his average approval rating was 79% among Democrats, 41% among independents, and 12% among Republicans.

Obama getting absolutely no sleep because of debt crisis

We have idiots in the White House! I can believe the Washington elitist can not give a blatant lie without looking stupid. Obama does not have a plan. John Boehner plan sucks. Harry Reid is worried losing his leadership as Senate Majority. The American people are saying vote for or against the damn thing. It has become a theatrical circus. The debt ceiling crisis is not new worthy. It is pure sensational journalism. The medias only purpose is to report chaos and create hysteria. By the way, who the hell is Valerie Jarrett? LOL

The White House is pushing back against the growing narrative that Obama is "sitting on the sidelines," as reported by the New York Times yesterday, and letting Congress do all the work.

As John Boehner spent the night trying to wrestle members into place to support his debt ceiling deal, Valerie Jarret reminded reporters yesterday that it was President Obama who was losing sleep over the issue.

"He's getting absolutely no sleep. He's working tirelessly, meeting with his economic team, doing a lot of outreach, exploring all kinds of possibilities for compromise," Jarrett said.

Chief of Staff William Daley told CNN's Wolf Blitzer last night that Obama has issued a secret plan for solving the debt crisis.

From the transcript:

BLITZER: So what you're saying is the president did present a plan to the speaker, John Boehner.


BLITZER: But - but he didn't...

DALEY: Right.

BLITZER: - make it public.

DALEY: No, because there's... both the speaker and - and the president had agreed and - that these sort of negotiations do not happen in public.

Balance budget amendment is a carrot on a stick for raising debt ceiling

America does not want to deal with the devil. John Boehner wants to raise the debt ceiling so the federal government can go back to spending. The Balance Budget Amendment is only a ploy to get conservatives to jump on the bandwagon. The carrot-on-the-stick method will not work to the Tea Party members in Congress. They were sent to stop wasteful government spending. Rush Limbaugh said it is best to freeze spending for the year. That is an excellent alternative. The politics in Washington is childish. Instead of debating, let the debt ceiling expire in a week and let Obama decide who gets paid. If the GOP wants to ruin Obama chances to win re-election, it is easier to put the president on the spot. If you give enough rope, Obama could politically hang himself.

(The Hill) House Republicans will link passage of a balanced-budget amendment to Speaker John Boehner’s (R-Ohio) last-ditch debt-ceiling plan, which GOP lawmakers said would move the measure to passage in a high-stakes vote later on Friday.

Republican lawmakers voiced confidence the enhanced bill would pass muster with conservatives, as Rep. Mo Brooks (R-Ala.) predicted the balanced-budget amendment change would bring 10 to 20 more GOP members on board.

Rep. Jeff Flake (R-Ariz.), a key holdout, and a Senate candidate, quickly took to Twitter after the meeting to say that he was a yes vote. The conservative Club for Growth also offered a tentative endorsement.

Republican lawmakers say the Boehner framework would still pave the way for the debt limit to be raised through the 2012 election in two chunks. But it would also mandate that the second hike of the ceiling could only occur after a balanced-budget amendment passed both chambers of Congress and went to the states for ratification.
The House had scheduled votes on two BBAs for this week. Under the revised Boehner plan, the sending of either to the states, including a version that attracted significant Democratic support in the mid-1990s, would allow for the second debt-ceiling increase.

The announcement came following perhaps the most crucial conference meeting of Boehner’s Speakership, and less than a day after House GOP leaders stunningly had to pull back on Boehner’s plan to raise the $14.3 trillion debt limit shortly before it was scheduled for a vote.

Top GOP lawmakers then spent a pizza-fueled Thursday evening arm-twisting hesitant members of the rank and file, before deciding to regroup Friday morning.

Revised 1st Quarter GDP 1.9, 2nd Quarter GDP 1.3

The economy sucks under Obama. This year is no different from last year. 1st quarter GDP was revised to 1.9 and the second quarter GDP is 1.3. Any projections given by economists or the White House should be looked at with scrutiny. Over projection does not play well with the American public. Once the American public is lead to a false sense of security, pessimism runs high.

(Reuters) - The U.S. economy stumbled badly in the first half of 2011 and came dangerously close to contracting in the January-March period, raising the risk of a recession if a stand-off over the nation's debt does not end quickly.

The Commerce Department data on Friday also showed the current lull in the economy began earlier than had been thought, with the growth losing steam late last year.

That raised questions on the long held view by both Federal Reserve officials and independent economists that the slowdown in growth this year was mostly due to transitory factors.

"The economy essentially came to a grinding halt in the first half of this year," said Ryan Sweet, a senior economist at Moody's Analytics in West Chester Pennsylvania. "We did get side-swiped by some temporary factors which are fading, but it raises some concerns about the sustainability the recovery."

The economy grew at a 1.3 percent annual pace in the second quarter after expanding just 0.4 percent in the first three months of the year. First-quarter growth was revised from the previously reported 1.9 percent increase.

While the recovery stepped-up in the second quarter, economists had expected a stronger 1.9 percent reading.

Fourth-quarter growth was revised to a 2.3 percent rate from 3.1 percent.

There is also heightened uncertainty over the outlook because of the impasse in talks to raise the nation's $14.3 trillion borrowing limit and avoid a damaging government debt default, although the budget cuts a deal may impose could also weigh on growth.

Thursday, July 28, 2011

Tea Party Will Not Give Boehner the Votes to Raise Debt Ceiling

The Tea Party members in Congress remembered how Boehner duped them with the 2011 budget deal. Instead of billions of dollar in budget cuts, the Tea Party got a measly $235 million dollar. Making matter worst, the budget cuts were not immediate. It was money slated to be cut down the road. The budget cuts did not lower present spending. Tea Party members are suspicious to Boehner and the Republican establishment. There is no reason to raise the debt ceiling if it will cause more spending. Washington needs to cut spending to lower the debt ceiling. I will not accept increasing the debt ceiling for a balance budget amendment. We have seen an agreement being reneged many times in the past.

(NPR) Just as the Washington narrative had started to shift a bit from "House Speaker John Boehner doesn't have the juice to get his conference to support him" to "Boehner is getting his fellow Republicans to rally around him," it shifts back to the former.

That's because he was unable to get enough members of the Republican conference to commit to voting for his debt-ceiling increase.

It should go without saying that this is a signal setback for the speaker, who in recent days had pleaded, cajoled and demanded that his conference get behind him if, for no other reason, to show solidarity as he confronts the Democrats who control the Senate and the White House.

After raising expectations for a vote that was seen as a test of his persuasive powers as speaker, Boehner was forced to order a strategic retreat.

The message many analysts are bound to take away from this episode is that the tail is wagging the dog to a degree — a large degree — in the House Republican conference, namely members linked to the Tea Party, including freshmen.

Those members have little allegiance to Boehner. In fact, many of them eye him suspiciously as a card-carrying member of the Washington establishment that's part of the problem, not the solution.

They felt burned by the budget deal Boehner negotiated with President Obama earlier this year to prevent the government shutdown in March, that Boehner told them there were more spending cuts in that package than there actually were.

They vowed they wouldn't be fooled again and that was reflected, in part, in Boehner's failure to get enough votes for his debt-ceiling bill by the time of the scheduled vote, 6 p.m. ET Thursday.

Base on all parties 17 percent Say U.S. heading In right direction

IT is now the consensus by all parties that Obama sucks at being president.

(RASMUSSENR) Just 17% of Likely U.S. Voters now say the country is heading in the right direction, according to a new Rasmussen Reports national telephone survey taken the week ending Sunday, July 24. That finding is the lowest measured since January 11, 2009.

From August 2007 to early January 2009, confidence in the nation’s current course ranged from a low of 10% to a high of 24%. When President Obama assumed office, optimism rose to 27% and climbed to the low to mid 30s until May 2009. That figure has steadily declined since.

Seventy-five percent (75%) of voters say the country is heading down the wrong track, the highest finding since early January 2009. Since that time, voter pessimism had ranged from 57% to 72%.

Most Republicans (91%) and voters not affiliated with either political party (77%) believe the country is heading down the wrong track. Even a strong majority (58%) of Democrats now say the country is heading in the wrong direction.


For 25 year, NASA collected objective studies, and they confirmed that global warming is a hoax. The United Nations, EPA, Global Warming Mongers, Al Gore, and Obama can stick it when the sun don't shine. Global warming is a theory base on scientific assumptions. NASA provided concrete facts with video imaging proofs to show global warming is a scam.

(YAHOO) NASA satellite data from the years 2000 through 2011 show the Earth's atmosphere is allowing far more heat to be released into space than alarmist computer models have predicted, reports a new study in the peer-reviewed science journal Remote Sensing. The study indicates far less future global warming will occur than United Nations computer models have predicted, and supports prior studies indicating increases in atmospheric carbon dioxide trap far less heat than alarmists have claimed.

Study co-author Dr. Roy Spencer, a principal research scientist at the University of Alabama in Huntsville and U.S. Science Team Leader for the Advanced Microwave Scanning Radiometer flying on NASA's Aqua satellite, reports that real-world data from NASA's Terra satellite contradict multiple assumptions fed into alarmist computer models.

"The satellite observations suggest there is much more energy lost to space during and after warming than the climate models show," Spencer said in a July 26 University of Alabama press release. "There is a huge discrepancy between the data and the forecasts that is especially big over the oceans."

In addition to finding that far less heat is being trapped than alarmist computer models have predicted, the NASA satellite data show the atmosphere begins shedding heat into space long before United Nations computer models predicted.

The new findings are extremely important and should dramatically alter the global warming debate.

Scientists on all sides of the global warming debate are in general agreement about how much heat is being directly trapped by human emissions of carbon dioxide (the answer is "not much"). However, the single most important issue in the global warming debate is whether carbon dioxide emissions will indirectly trap far more heat by causing large increases in atmospheric humidity and cirrus clouds. Alarmist computer models assume human carbon dioxide emissions indirectly cause substantial increases in atmospheric humidity and cirrus clouds (each of which are very effective at trapping heat), but real-world data have long shown that carbon dioxide emissions are not causing as much atmospheric humidity and cirrus clouds as the alarmist computer models have predicted.

The new NASA Terra satellite data are consistent with long-term NOAA and NASA data indicating atmospheric humidity and cirrus clouds are not increasing in the manner predicted by alarmist computer models. The Terra satellite data also support data collected by NASA's ERBS satellite showing far more longwave radiation (and thus, heat) escaped into space between 1985 and 1999 than alarmist computer models had predicted. Together, the NASA ERBS and Terra satellite data show that for 25 years and counting, carbon dioxide emissions have directly and indirectly trapped far less heat than alarmist computer models have predicted.

In short, the central premise of alarmist global warming theory is that carbon dioxide emissions should be directly and indirectly trapping a certain amount of heat in the earth's atmosphere and preventing it from escaping into space. Real-world measurements, however, show far less heat is being trapped in the earth's atmosphere than the alarmist computer models predict, and far more heat is escaping into space than the alarmist computer models predict.

When objective NASA satellite data, reported in a peer-reviewed scientific journal, show a "huge discrepancy" between alarmist climate models and real-world facts, climate scientists, the media and our elected officials would be wise to take notice. Whether or not they do so will tell us a great deal about how honest the purveyors of global warming alarmism truly are.

Sarah Palin May Make Her Presidential Bid 1st Week of September

I can imagine the Washington elitist crapping in their pants. The Republican establishment will be planning to join Liberals to quell the Sarah Palin momentum. Sarah Palin is the only candidate that will turn Washington upside down and bring the government back to the people. Sarah Palin has fought against corrupt politicians and won. Yeah, Washington should be scared.

(Realclearpolitics) In the latest indication that her sights are still set on a presidential run, former Alaska Gov. Sarah Palin has accepted an invitation to keynote a Tea Party rally in Waukee, Iowa, on Sept. 3, RealClearPolitics has learned.

The Labor Day weekend visit to the nation's first voting state comes after Palin indicated during an appearance on Fox News earlier this month that she would make her decision about whether to launch a campaign in August or September.

All signs now point to September as the month when Palin would throw her hat into the ring, as logistical concerns ranging from fundraising to getting her name on the ballot in various states would likely preclude further delay.

Many prominent political analysts and Republican operatives have expressed skepticism that Palin is seriously considering a presidential bid, since she has not taken many of the steps that candidates traditionally take before jumping into the race, such as signing early-state consultants, contacting key powerbrokers and boosting their travel schedules.

But Palin has a long history of shunning the Republican Party machinery and taking an unconventional approach to campaigns -- a mind-set that appears to have been in play throughout the past several months.

Many prominent political analysts and Republican operatives have expressed skepticism that Palin is seriously considering a presidential bid, since she has not taken many of the steps that candidates traditionally take before jumping into the race, such as signing early-state consultants, contacting key powerbrokers and boosting their travel schedules.

But Palin has a long history of shunning the Republican Party machinery and taking an unconventional approach to campaigns -- a mind-set that appears to have been in play throughout the past several months.

Wednesday, July 27, 2011

Dem Congress Wu resigns but gets 1 million in pension, benefits

This is a disgrace. Democrat Congressman Wu resigns and he collects close to a million dollar pension from tax payer's money. While America is broke, Congress is laughing all the way to the bank. Get rid of these elitist and demand Term Limit!!

(USA Today) Rep. David Wu could be eligible for pension and benefits worth more than $1 million in his lifetime, according to an analysis by the National Taxpayers Union.

Wu, D-Ore., first elected in 1998, announced Tuesday he will leave Congress. His departure follows a report in The Oregonian last week that an 18-year-old woman complained to his office about an "unwanted sexual encounter."

The National Taxpayers Union, a non-partisan organization, calculated that Wu could qualify for a pension worth about $851,000 over his lifetime.

It also estimates Wu's balance in his federal Thrift Savings Plan, which is like a 401(k) plan for members of Congress, could possibly be as high as $213,855.

Wu, 56, could immediately draw $23,871 on his pension if he opts to receive early payments. If he waits until he's 62, his annual pension would be about 30% higher, NTU estimates.

In his resignation announcement, Wu said he is leaving so he can take care of his family as he fights "these very serious allegations." Wu, who has been separated from his wife since 2009, has two children.

Some perspective: Congressional pensions are two to three times more generous than those offered to private-sector workers who earn the same salary, the NTU says. (Rank-and-file members such as Wu are paid $174,000 a year, while top leaders get more.) Also, unlike most private-sector pension plans, a cost-of-living adjustment is applied to the congressional benefit.

Myth-Busting the Debt Limit Ceiling

( The United States today hit an all-time high debt, passing $14 trillion, according to Associated Press reports. And with $45,300 of debt for every man, woman and child in the United States, it’s clear as day that spending is the problem. Yet Washington has yet to come to an agreement on a way forward, either in the short term or the long term, though the budget plan passed by the House of Representatives would fundamentally alter this debt-ridden path the nation is on.

It’s time to get serious about cutting spending and getting the U.S. government to live within its means. But that’s not the message coming out of the White House.

On the issue of the whether to raise the debt ceiling—allowing the government to borrow and spend even more money—President Barack Obama has resorted to dire predictions about what could happen if Congress does not take action. The Hill reports:

If investors around the world thought that the full faith and credit of the United States was not being backed up, if they thought that we might renege on our IOUs, it could unravel the entire financial system,” Obama said at a town hall meeting hosted by CBS last week but released Sunday.

“We could have a worse recession than we already had, a worse financial crisis than we already had.”

And, likewise, U.S. Treasury Secretary Timothy Geithner warned that if Congress does not raise the debt limit, the U.S. economy would likely enter a “double-dip recession” and added, “A default would inflict catastrophic, far-reaching damage on our nation’s economy, significantly reducing growth, and increasing unemployment.”

But Heritage Foundation Vice President of Domestic and Economic Policy David S. Addington notes that those dire predictions just aren’t true. In discussing J.D. Foster’s paper “Congress Has Time and Options on Debt Limit,” Addington writes:

As Dr. Foster’s paper demonstrated, there will not be a default on the Federal debt when the Treasury reaches the statutory limit on its borrowing of $14.294 trillion. The Treasury just will not be able to borrow any more money. The Treasury would still pay debts that come due, putting off temporarily payment of less important obligations as necessary to pay the maturing debt.

President Obama’s prophecies about the debt limit obscure an underlying truth: The U.S. government must find a way to get control of spending. Simply raising the debt limit and allowing the United States to borrow more money, unchecked, will not make that happen. To that end, in an interview with The Wall Street Journal, investor Stanley Druckenmiller warns that defaulting on the debt is not the real problem Wall Street should be worried about:

In the future, he says, “People aren’t going to wonder whether 20 years ago we delayed an interest payment for six days. They’re going to wonder whether we got our house in order.”

If the president needs a roadmap to making those cuts and getting the government in order, he ought to take a look at Heritage’s Saving the American Dream—our plan to fix the debt, cut spending, restore prosperity, balance the nation’s budget within a decade, and keep it balanced. On the issue of the debt ceiling, Addington has some advice, as well:

If the Obama Administration is serious about getting spending under control and about maintaining orderly financial markets, Secretary Geithner needs to help guide his colleagues at the Office of the Management and Budget and in the White House toward near-term substantial reductions in Federal spending, including for entitlement programs, and long-term solutions to ensure that the Federal Government never spends itself again so deeply into debt that it cannot effectively manage its way out.

Congressional Members Net Worth Up 3669 Percent

I am surprise that 46% of Americans think Congress is corrupt. It should be higher. Please watch this video. US Congressional members had net worth up 3669%. It is a staggering net growth, and this is while we were in the recession. In fact, Democrats and Republicans are guilty using insider information to amass their wealth in the stock market. While Republicans in Congress doubled their wealth, Democrats made an astounding 700% growth. While Americans are struggling to survive, these idiots in Washington are raping us dry. Get the list and check if your representatives are on it and let them know. By the way, Obama is on that list (I'm not surprise!)

(ProlineNews)In the information overload that has become our every day, worrisome world, it is often difficult to see the forest for the trees.

This video may explain the hubris of constant political distractions keeping us from the truth. It is the bottom line of the Truth For Our Times:

View “The List” that we speak of in “The Video Congress Does Not Want You To See”.

Many have had the sneaking suspicion that our elected “leaders” in Congress are not going to Washington D.C. to represent us but for their own personal gain. This video may just validate that assessment!

Using the net worth data compiled by the non-partisan Center for Responsive Politics we found a disturbing trend.

The analysis of the information in this video has not been seen by anyone; not on Fox News and not on CNN. You have not read about this in the Wall Street Journal.

To see if your elected representative is on the list, please go to Government Gone Wild

Obama Says, He is Tempted To Go It Alone. DICTATOR

Obama panders to whatever group he encounters. Listening to the president speak, I am often surprise how many Americans are still gravitated to this man. Obama continues to blame everybody. The president holds no responsibility of our downturn economy. In fact, Obama tells the illegal aliens at the rally that the Senate GOP is hindering his agenda. But Obama forgot one important fact, the Senate was under the majority of the Democrats. Also, Obama says it may sound good to save a lot of money over the next five years, but not if we sacrifice our future for the next fifty. To a reasonably sound individual, that statement from the president is ludicrous. If you can't cut spending in five years, how can one save money in fifty years? I am still bewildered that this president actually graduated from college.

(ABC NEWS) What do the deficit negotiations and immigration reform have in common? President Obama says thinks he’d have a much easier time getting what he wants if only he could do it all himself.

“Believe me, the idea of doing things on my own is very tempting. I promise you not just on immigration reform. But that's not how our system works,”

Obama said at the annual meeting of the National Council of La Raza in Washington DC. “Neither party is blameless for the decisions that lead to our debt, but both parties have a responsibility to come together to solve the problem and make sure the American people aren’t hurt on this issue.”

Dems Want Obama Raise the Debt Ceiling Without Congress Approval

As per Democrat Senator Barbara Boxer, the 14th Amendment says the debts of the United States shall not be questioned. That may be okay, but it does not say the president can raise the debt ceiling without Congress approval. The 14th Amendment says that we are obligated to take care of the debt we accrued. We have the funds. We need to stop spending like idiots.

(Politico) Rep. James Clyburn and a group of House Democrats are urging President Barack Obama to invoke the 14th Amendment to raise the debt ceiling if Congress can’t come up with a satisfactory plan before the Tuesday deadline.

Clyburn, the third-ranking House Democrat, said Wednesday that if the president is delivered a bill to raise the debt ceiling for only a short period of time, he should instead veto it and turn to the phrase in the Constitution that says the validity of the U.S. government’s debt “shall not be questioned.”

“If that’s what lands on his desk, a short-term lifting of the ceiling, the debt ceiling, he should put it on his desk next to an executive order,” Clyburn said at a press conference. “He should sign an executive order invoking the 14th Amendment to this issue.” The Associated Press reported that he was applauded when he suggested the idea at a caucus meeting earlier in the day.

Obama and others in his administration have said they will not rely on the 14th Amendment. At a town hall last week, Obama said that he has “talked to my lawyers” and “they are not persuaded that that is a winning argument.”

Appearing on MSNBC later Wednesday morning, Sen. Barbara Boxer (D-Calif.) suggested that it should be the president’s last resort. “As far as the 14th Amendment is concerned, I urge everybody to get their Constitution and read it. It says the debts of the United States shall not be questioned,” she said.

WH Press Secretary Admits Obama Has No Plan to Fix Problem

(National Review) Or the lack thereof. After bobbing-and-weaving for nine minutes, Carney finally says what everybody knows: The president won’t put his plan on paper because he doesn’t want it to become “politically charged” before a compromise can be reached. In other words, you’ve got to pass it to find out what’s in it:

So POTUS doesn’t have a plan, as such. The Republicans, for their part, have several. But the president’s senior advisers are recommending that he veto the latest.

If Elections Held Today, Obama Would Lose by a Landslide

Like, no kidding. Duh!

(National Journal) President Obama’s job approval rating in the latest national polls has been in the danger zone, ranging from 42 percent (Gallup) to 47 percent (ABC News/Washington Post), with every survey showing him with higher unfavorables than favorables. Needless to say, it’s not a good place for a president to be, especially since his numbers have worsened over the past two months.

The race for president isn’t a national contest. It’s a state-by-state battle to cobble an electoral vote majority. So while the national polls are useful in gauging the president’s popularity, the more instructive numbers are those from the battlegrounds.

Those polls are even more ominous for the president: In every reputable battleground state poll conducted over the past month, Obama’s support is weak. In most of them, he trails Republican front-runner Mitt Romney. For all the talk of a closely fought 2012 election, if Obama can’t turn around his fortunes in states such as Michigan and New Hampshire, next year’s presidential election could end up being a GOP landslide.

Tuesday, July 26, 2011

Obama Speech Blames Bush and Armageddon After August 2

Obama is a bold-face liar and coward. Not only he's denying responsibility, the president's speech to the American people blames the economic woes on Bush! Also, Obama is using the surplus during Clinton (under a Senate and House GOP Majority) to add more blame on Bush. I thought Obama had a plan to get us out from economic collapse. Isn't that why he wanted to be president? Instead, with the help of a Democrat Majority in the House and Senate from 2006-2010, Obama and the Democrats contributed in destroying America. Throughout the president's speech, Obama indirectly talks about class warfare. Also, the president uses scare tactics to bring his point across. There is enough revenue to pay our obligations, but it takes spending cuts to alleviate the debt ceiling mess. Obama is not an economist. Obama is not presidential, but rather, he is inexperience. Americans need to remind themselves in 2012 that experience does matter.

Address by the President to the Nation
East Room

9:01 P.M. EDT

THE PRESIDENT: Good evening. Tonight, I want to talk about the debate we’ve been having in Washington over the national debt -- a debate that directly affects the lives of all Americans.

For the last decade, we’ve spent more money than we take in. In the year 2000, the government had a budget surplus. But instead of using it to pay off our debt, the money was spent on trillions of dollars in new tax cuts, while two wars and an expensive prescription drug program were simply added to our nation’s credit card.

As a result, the deficit was on track to top $1 trillion the year I took office. To make matters worse, the recession meant that there was less money coming in, and it required us to spend even more -– on tax cuts for middle-class families to spur the economy; on unemployment insurance; on aid to states so we could prevent more teachers and firefighters and police officers from being laid off. These emergency steps also added to the deficit.

Now, every family knows that a little credit card debt is manageable. But if we stay on the current path, our growing debt could cost us jobs and do serious damage to the economy. More of our tax dollars will go toward paying off the interest on our loans. Businesses will be less likely to open up shop and hire workers in a country that can’t balance its books. Interest rates could climb for everyone who borrows money -– the homeowner with a mortgage, the student with a college loan, the corner store that wants to expand. And we won’t have enough money to make job-creating investments in things like education and infrastructure, or pay for vital programs like Medicare and Medicaid.

Because neither party is blameless for the decisions that led to this problem, both parties have a responsibility to solve it. And over the last several months, that’s what we’ve been trying to do. I won’t bore you with the details of every plan or proposal, but basically, the debate has centered around two different approaches.

The first approach says, let’s live within our means by making serious, historic cuts in government spending. Let’s cut domestic spending to the lowest level it’s been since Dwight Eisenhower was President. Let’s cut defense spending at the Pentagon by hundreds of billions of dollars. Let’s cut out waste and fraud in health care programs like Medicare -- and at the same time, let’s make modest adjustments so that Medicare is still there for future generations. Finally, let’s ask the wealthiest Americans and biggest corporations to give up some of their breaks in the tax code and special deductions.

This balanced approach asks everyone to give a little without requiring anyone to sacrifice too much. It would reduce the deficit by around $4 trillion and put us on a path to pay down our debt. And the cuts wouldn’t happen so abruptly that they’d be a drag on our economy, or prevent us from helping small businesses and middle-class families get back on their feet right now.

This approach is also bipartisan. While many in my own party aren’t happy with the painful cuts it makes, enough will be willing to accept them if the burden is fairly shared. While Republicans might like to see deeper cuts and no revenue at all, there are many in the Senate who have said, “Yes, I’m willing to put politics aside and consider this approach because I care about solving the problem.” And to his credit, this is the kind of approach the Republican Speaker of the House, John Boehner, was working on with me over the last several weeks.

The only reason this balanced approach isn’t on its way to becoming law right now is because a significant number of Republicans in Congress are insisting on a different approach -- a cuts-only approach -– an approach that doesn’t ask the wealthiest Americans or biggest corporations to contribute anything at all. And because nothing is asked of those at the top of the income scale, such an approach would close the deficit only with more severe cuts to programs we all care about –- cuts that place a greater burden on working families.

So the debate right now isn’t about whether we need to make tough choices. Democrats and Republicans agree on the amount of deficit reduction we need. The debate is about how it should be done. Most Americans, regardless of political party, don’t understand how we can ask a senior citizen to pay more for her Medicare before we ask a corporate jet owner or the oil companies to give up tax breaks that other companies don’t get. How can we ask a student to pay more for college before we ask hedge fund managers to stop paying taxes at a lower rate than their secretaries? How can we slash funding for education and clean energy before we ask people like me to give up tax breaks we don’t need and didn’t ask for?

That’s not right. It’s not fair. We all want a government that lives within its means, but there are still things we need to pay for as a country -– things like new roads and bridges; weather satellites and food inspection; services to veterans and medical research.

And keep in mind that under a balanced approach, the 98 percent of Americans who make under $250,000 would see no tax increases at all. None. In fact, I want to extend the payroll tax cut for working families. What we’re talking about under a balanced approach is asking Americans whose incomes have gone up the most over the last decade -– millionaires and billionaires -– to share in the sacrifice everyone else has to make. And I think these patriotic Americans are willing to pitch in. In fact, over the last few decades, they’ve pitched in every time we passed a bipartisan deal to reduce the deficit. The first time a deal was passed, a predecessor of mine made the case for a balanced approach by saying this:

“Would you rather reduce deficits and interest rates by raising revenue from those who are not now paying their fair share, or would you rather accept larger budget deficits, higher interest rates, and higher unemployment? And I think I know your answer.”

Those words were spoken by Ronald Reagan. But today, many Republicans in the House refuse to consider this kind of balanced approach -– an approach that was pursued not only by President Reagan, but by the first President Bush, by President Clinton, by myself, and by many Democrats and Republicans in the United States Senate. So we’re left with a stalemate.

Now, what makes today’s stalemate so dangerous is that it has been tied to something known as the debt ceiling -– a term that most people outside of Washington have probably never heard of before.

Understand –- raising the debt ceiling does not allow Congress to spend more money. It simply gives our country the ability to pay the bills that Congress has already racked up. In the past, raising the debt ceiling was routine. Since the 1950s, Congress has always passed it, and every President has signed it. President Reagan did it 18 times. George W. Bush did it seven times. And we have to do it by next Tuesday, August 2nd, or else we won’t be able to pay all of our bills.

Unfortunately, for the past several weeks, Republican House members have essentially said that the only way they’ll vote to prevent America’s first-ever default is if the rest of us agree to their deep, spending cuts-only approach.

If that happens, and we default, we would not have enough money to pay all of our bills -– bills that include monthly Social Security checks, veterans’ benefits, and the government contracts we’ve signed with thousands of businesses.

For the first time in history, our country’s AAA credit rating would be downgraded, leaving investors around the world to wonder whether the United States is still a good bet. Interest rates would skyrocket on credit cards, on mortgages and on car loans, which amounts to a huge tax hike on the American people. We would risk sparking a deep economic crisis -– this one caused almost entirely by Washington.

So defaulting on our obligations is a reckless and irresponsible outcome to this debate. And Republican leaders say that they agree we must avoid default. But the new approach that Speaker Boehner unveiled today, which would temporarily extend the debt ceiling in exchange for spending cuts, would force us to once again face the threat of default just six months from now. In other words, it doesn’t solve the problem.

First of all, a six-month extension of the debt ceiling might not be enough to avoid a credit downgrade and the higher interest rates that all Americans would have to pay as a result. We know what we have to do to reduce our deficits; there’s no point in putting the economy at risk by kicking the can further down the road.

But there’s an even greater danger to this approach. Based on what we’ve seen these past few weeks, we know what to expect six months from now. The House of Representatives will once again refuse to prevent default unless the rest of us accept their cuts-only approach. Again, they will refuse to ask the wealthiest Americans to give up their tax cuts or deductions. Again, they will demand harsh cuts to programs like Medicare. And once again, the economy will be held captive unless they get their way.

This is no way to run the greatest country on Earth. It’s a dangerous game that we’ve never played before, and we can’t afford to play it now. Not when the jobs and livelihoods of so many families are at stake. We can’t allow the American people to become collateral damage to Washington’s political warfare.

Congress now has one week left to act, and there are still paths forward. The Senate has introduced a plan to avoid default, which makes a down payment on deficit reduction and ensures that we don’t have to go through this again in six months.

I think that’s a much better approach, although serious deficit reduction would still require us to tackle the tough challenges of entitlement and tax reform. Either way, I’ve told leaders of both parties that they must come up with a fair compromise in the next few days that can pass both houses of Congress -– and a compromise that I can sign. I’m confident we can reach this compromise. Despite our disagreements, Republican leaders and I have found common ground before. And I believe that enough members of both parties will ultimately put politics aside and help us make progress.

Now, I realize that a lot of the new members of Congress and I don’t see eye-to-eye on many issues. But we were each elected by some of the same Americans for some of the same reasons. Yes, many want government to start living within its means. And many are fed up with a system in which the deck seems stacked against middle-class Americans in favor of the wealthiest few. But do you know what people are fed up with most of all?

They’re fed up with a town where compromise has become a dirty word. They work all day long, many of them scraping by, just to put food on the table. And when these Americans come home at night, bone-tired, and turn on the news, all they see is the same partisan three-ring circus here in Washington. They see leaders who can’t seem to come together and do what it takes to make life just a little bit better for ordinary Americans. They’re offended by that. And they should be.

The American people may have voted for divided government, but they didn’t vote for a dysfunctional government. So I’m asking you all to make your voice heard. If you want a balanced approach to reducing the deficit, let your member of Congress know. If you believe we can solve this problem through compromise, send that message.

America, after all, has always been a grand experiment in compromise. As a democracy made up of every race and religion, where every belief and point of view is welcomed, we have put to the test time and again the proposition at the heart of our founding: that out of many, we are one. We’ve engaged in fierce and passionate debates about the issues of the day, but from slavery to war, from civil liberties to questions of economic justice, we have tried to live by the words that Jefferson once wrote: “Every man cannot have his way in all things -- without this mutual disposition, we are disjointed individuals, but not a society.”

History is scattered with the stories of those who held fast to rigid ideologies and refused to listen to those who disagreed. But those are not the Americans we remember. We remember the Americans who put country above self, and set personal grievances aside for the greater good. We remember the Americans who held this country together during its most difficult hours; who put aside pride and party to form a more perfect union.

That’s who we remember. That’s who we need to be right now. The entire world is watching. So let’s seize this moment to show why the United States of America is still the greatest nation on Earth –- not just because we can still keep our word and meet our obligations, but because we can still come together as one nation.

Thank you, God bless you, and may God bless the United States of America.

9:16 P.M. EDT

Monday, July 25, 2011

Media Says U.S. Can Avoid Default at Least Until September

Remember the dates of March 15, August 2, August 10, and September 1, 2011. These are the dates that the Congress and the media are claiming Armageddon if we don't raise the debt ceiling. Americas reaction is a big "YAWN!" Raising taxes has nothing to do with the debt ceiling. It is all about cut spending. That will solve the debt ceiling fiasco.

(Bloomberg) The U.S. government can avoid a default for at least a month after the Aug. 2 deadline to lift the debt ceiling set by the Treasury Department, said John Silvia, chief economist at Wells Fargo Securities LLC.

“The Federal Reserve and the Treasury can work together to generate enough cash probably for the next two or three months to avoid any kind of automatic default on the Treasury debt,” Silvia, who is based in Charlotte, North Carolina, said in an interview on Bloomberg Television’s “In the Loop” with Betty Liu. “There’s a way of getting around this issue for at least another month or two.”

Political party leaders are preparing dueling plans for raising the U.S. debt ceiling, unable to break a partisan stalemate over how to tackle the nation’s $14.3 trillion debt by Aug. 2. That is the date when the Treasury Department says its borrowing authority will end.

Greater-than-forecast tax revenue might give the Treasury until Aug. 10 before it runs out of cash, Barclays Capital said in a report last week.

“Tax-receipt inflows from July 14 to date have been considerably stronger than we were expecting,” New York-based Barclays analysts, including Ajay Rajadhyaksha, said.

Inflows over the five-day period from July 14 were about $14 billion higher than Barclays had foreseen, and outlays were about $1 billion less, according to the report.

Saturday, July 23, 2011

Another Democrat Congressman in Sex Scandal

This is inexcusable. Congressman Wu needs to step down from his position with the House of Representatives. His mental status is questionable. Wu's weak capacity to make the proper judgement would affect his constituents and many Americans. Wu's problem is not the sex scandal, but his mental health. Wu needs to step down from public office and seek help before it becomes a national liability.

(Politico) Democrat Rep. David Wu has been accused of an “unwanted sexual encounter” with the teenage daughter of a longtime friend, the latest scandal to engulf the troubled Oregon Democrat.

The Oregonian reported that the 56-year-old Wu “acknowledged a sexual encounter to his senior aides but insisted it was consensual,” according to sources aware of the incident.

The unidentified teenager and her family did not file any criminal complaint over the incident, which apparently took place sometime around last Thanksgiving.

Calling the episode “very serious,” Wu did not specifically address allegations that he made unwanted sexual advances toward the young woman who is the daughter of a donor.

Wu, who is being treated for an unspecified mental health condition, is separated from his wife Michelle and the couple reportedly is seeking a divorce. They have two children.

Wu, who was born in Taiwan is the first Chinese-American elected to Congress and has served in the House since 1999.

This episode is the latest in a long list of troubling incidents for Wu, including a previous allegation of sexual assault lodged against him by a former girlfriend when they were both attending Stanford University in 1976. Wu was not charged with a crime, but he was made to see a counselor and was disciplined by the university.

Shortly before the 2010 elections, Wu began behaving erratically, according to The Oregonian and other news outlets. Wu sent a bizarre picture of himself in a tiger costume to his staffers, and some of them urged him to seek psychiatric help. More than a half dozen staffers and campaign consultants quit as Wu bombarded them with troubling phone calls and emails.

These latest allegations against Wu add to the growing list of sex scandals that have rocked Capitol Hill over the past two years.

Former Rep. Anthony Weiner (D-N.Y.) recently resigned from Congress following a national firestorm over lewd photos he sent to women he met over the Internet.

Former Rep. Christopher Lee (R-N.Y.) was caught sending a topless online photo and also resigned. Former Sen. John Ensign (R-Nev.) had an affair with one of his campaign aides, who also happened to be the wife of his deputy chief of staff. Ensign stepped down from office on May 3.

And ex-Rep. Eric Massa (D-N.Y.) quickly departed Capitol Hill in March 2010 after POLITICO reported he was under investigation by the House Ethics Committee for allegations of sexual harassment of male staffers. The Ethics Committee recently announced that it will continue looking into whether any Democratic lawmakers or staffers knew about those allegations but failed to take action against Massa.

Debt Ceiling Deadline Might Be August 10, Not August 2

Obama said that March 16, 2011, was the date we must raise the debt ceiling or America would default its loans. Then, Obama said that August 2, 2011, was the date we must raise the debt ceiling or the elderly will not receive their social security check. Now, Obama is saying August 10, 2011, will be the date that America will default its loan if the debt ceiling is not raised. America's reaction- YAWN!

HuffPo — For months, markets have been girding themselves against the possibility that the U.S. will reach the limits of its borrowing ability on August 2 and default on its debts. But researchers at Barclays Capital think the real deadline may not be until a week later.

In a note published Friday, the Barclays Interest Rates Research team
wrote that “the date on which the Treasury will run out of cash to pay its obligations might not be August 2; it might be around August 10 instead.”

Why the change? The note explains that previous projections showed the Treasury running out of money on the morning of Wednesday, August 3. On that day, it was predicted, the Treasury would need to spend $32 billion, including $22 billion in Social Security payments — and it was only projected to have $30 billion at its disposal.

That projection was made on July 13. But since then, the researchers say, the Treasury has taken in about $14 billion more than expected, and paid out about $1billion less than expected. Hence, the deadline date might actually be August 10, a week later than previously believed.

The August 2 deadline has never been set in stone. When Treasury Secretary Timothy Geithner announced in May that the federal debt limit had been reached, he said that the government could use “extraordinary measures” to extend borrowing authority until August 2 — and that this date could change “based on government receipts and other factors.”

Friday, July 22, 2011

USA Loses $1.3 Billion and 287,000 Jobs from Auto Bailout

The bailout to the auto-industry was a flop. The American people lost $1.3 billion from the deal and Washington called it a success. While Obama claims that bailing out the auto-industry was meant to save jobs and not to make money, the bailout saved 113,000 jobs. Actually, the auto-industry lost 400,000 jobs before the bailout. Therefore, there is a net difference of 287,000 jobs lost. In summary, the bailout cost the American tax payers a lot of money, and it caused a lost in jobs.

In the year leading up to the Chrysler and General Motors' bankruptcies, the auto industry lost 400,000 jobs. Since the bailout, about 113,000 of those jobs have been recovered.

"We didn't make the auto interventions to make money, we made them to save jobs -- and on that front, we dramatically succeeded," Massad said

(CNNMoney) -- U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday.

The government recently sold its remaining 6% stake in the company to Italian automaker Fiat. It wrapped up the 2009 bailout that was part of the Troubled Asset Relief Program six years early.

Originally, the government committed a total of $12.5 billion to the struggling automaker, Old Chrysler, and the company's newly formed Chrysler Group. Of those funds, $11.2 billion have been returned through principal repayments, interest and cancelled commitments, the Treasury said.

Overall, $1.3 billion will not be recovered from the bankrupt Old Chrysler, but Tim Massad, Treasury assistant secretary for financial stability, still called it a "major accomplishment."

That's because the government originally expected it would lose much more on the auto bailout. Initial estimates from the Congressional Budget Office in 2009, predicted the government would lose $40 billion on the overall auto bailout.

Now it estimates, by the time the $80 billion program is completely wrapped up, taxpayers will have lost $14 billion.

Wednesday, July 20, 2011

No Felony Charges For The Lady In TSA Groping Case

At least, it is nice to know protecting yourself from a TSA agent is not a felony. Therefore, if a TSA agent threatens a passenger, he or she has the right to self defense. On the other hand, a misdemeanor charge could be easily disputed. If the convicted is charged with a misdemeanor, he or she is often punished with probation, community service, short jail term, or part-time imprisonment; served on the weekends. Also, a monetary fine is imposed upon the guilty. Therefore, if you have a good lawyer, like Casey Anthony, you could easily beat a misdemeanor wrap!

(CBS) LONGMONT, Colo.– No felony charges will be filed against the Colorado woman who allegedly sexually assaulted a Transportation Security Administration agent in Phoenix.

On Tuesday the Maricopa County district attorney decided to turn the case of Yukari Miyamae, 61, of Longmont over to city prosecutors. She could still be charged with a misdemeanor.

Police say Miyamae grabbed the female agent’s left breast, squeezed and twisted it with both hands on July 14 at Phoenix Sky Harbor International Airport. Miyamae was getting ready to board a flight from Phoenix to Denver.

Miyamae’s attorney Judd Golden says his client was violated, endangered and threatened by the actions of TSA agents. She denies doing anything wrong.

Ms. Miyamae says she told TSA agents she wanted to be screened by the metal detector gate. She did so out of concern for excessive radiation exposure from the full-body scanners, as she is a frequent business traveler.

Her request was denied. She was soon surrounded by TSA agents. One TSA agent, a tall woman, approached Ms. Miyamae, who is only five feet tall.

Ms. Miyamae felt panicked and experienced a volatile aversion to the TSA personnel violating her personal physical space. She felt endangered and threatened based upon prior traumatizing security pat-downs, repugnance at the prospect of being touched again in such a violent and undignified manner, and instinctively pushed the female TSA agent away.

Calling for Obama Assassination is Free Speech as Court Rules

Free speech is protected under the 1st Amendment. The 9th Circuit Court of Appeals have rendered that bloviating out of frustration or talking about violence is not the same as carrying out the deed. Therefore, if one says the president should be shot is protected by free speech. Fair enough!

(LA Times) A La Mesa man who posted racial epithets and a call to "shoot" Barack Obama on an Internet chat site was engaging in constitutionally protected free speech, a federal appeals court ruled Tuesday in overturning his criminal conviction.

A divided panel of the U.S. 9th Circuit Court of Appeals overturned that conviction Tuesday, saying Bagdasarian's comments were "particularly repugnant" because they endorsed violence but that a reasonable person wouldn't have taken them as a genuine threat.

The observation that Obama "will have a 50 cal in the head soon" and a call to "shoot the [racist slur]" weren't violations of the law under which Bagdasarian was convicted because the statute doesn't criminalize "predictions or exhortations to others to injure or kill the president," said the majority opinion written by Judge Stephen Reinhardt.

Tuesday, July 19, 2011

Obama Makes Joke and No One Laughs

It is about time people realize that Obama is not funny. He is a joke!

Click Video: Obama Makes Joke About Confirmation Process ... No One Laughs

"Back in the 80's, Richard was also a five-time Jeopardy champion and a semi-finalist in the Tournament of Champions. Not too shabby," President Obama said as he announced the nomination of Richard Cordray to run the consumer bureau on Monday.

"That's why all his confirmation -- all the answers at his confirmation hearings will be in a form of a question," Obama said to silence.

"That's a joke," he reminded the audience.