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Palin Vs Obamouse

Sarah Palin is the aggressor!

Is this the way the world sees the head of the regime?

You can find these posters and more at Antarctic Press. Hat tip to The Oregon Guy.

AMERICA CAN NO LONGER AFFORD BARACK OBAMA

From Sarah Palin as published in “To The Point” newsletter

The President’s State of the Union address boiled down to this message: “The era of big government is here as long as I am, so help me pay for it.” He dubbed it a “Winning The Future” speech, but the title’s acronym – WTF – seemed more accurate than much of the content.

Americans are growing impatient with a White House that still just doesn’t get it.

The President proves he doesn’t understand that the biggest challenge facing our economy is today’s runaway debt when he states we want to make sure “we don’t get buried under a mountain a debt.” That’s the problem! We are buried under Mt. McKinley-sized debt.

It’s at the heart of what is crippling our economy and taking our jobs. This is the concern that should be on every leader’s mind. Our country’s future is at stake, and we’re rapidly reaching a crisis point. Our government is spending too much, borrowing too much, and growing too much. Debt is stifling our private sector growth, and millions of Americans are desperately looking for work.

So, what was the President’s response? At a time when we need quick, decisive, and meaningful action to stop our looming debt crisis, President Obama gave us what politicians have for years: promises that more federal government “investment” (read: more government spending) is the solution.

He couched his proposals to grow government and increase spending in the language of “national greatness.” This seems to be the Obama administration’s version of American Exceptionalism – an “exceptionally big government,” in which a centralized government declares that we shall be great and innovative and competitive, not by individual initiative, but by government decree.

Where once he used words like “hope” and “change,” the President may now talk about “innovation” and “competition”; but the audacity of his recycled rhetoric no longer inspires hope.

Real leadership is more than just words; it’s deeds. The President’s deeds don’t lend confidence that we can trust his words spoken Tuesday (1/25) night.

In the past, he promised us he’d make job creation his number one priority, while also cutting the deficit, eliminating waste, easing foreclosures in the housing markets, and making “tough decisions about opening new offshore areas for oil and gas development.”

What did we get? A record $1.5 trillion deficit, an 84% increase in federal spending, a trillion dollar stimulus that stimulated nothing but more Tea Party activism, 9+% unemployment (or 17% percent if you include those who have stopped looking for work or settled for part time jobs), 2.9 million home foreclosures last year, and a moratorium on offshore drilling that has led to more unemployment and $100 dollar a barrel oil.

The President glossed over the most important issue he needed to address: spending.

He touched on deficit reduction, but his proposals amount to merely a quarter of the cuts in discretionary spending proposed by his own Deficit Reduction Commission, not to mention the $2.5 trillion in cuts over ten years suggested by the Republican Study Committee.

And while we appreciate hearing the same President who gave us the trillion dollar Stimulus Package boondoggle finally concede that we need to cut earmarks, keep in mind that earmarks are a $16 billion drop in the $1.5 trillion ocean that is the federal deficit.

Budget cuts won’t be popular, but they are vitally necessary or we will soon be a bankrupt country. It’s the responsibility of a leader to make sure the American people fully understand this.

As it is, the American people should fully understand that when the President talks about increased “investments” he’s talking about increased government spending.

Cut away the rhetoric and you’ll also see that the White House’s real message on economic reform wasn’t one of substantial spending cuts, but of tax increases.

When the President talks about simplifying the tax code, he’s made it clear that he’s not looking to cut your taxes; he’s looking for additional tax revenue from you. The tax “simplification” suggested by the President’s Deficit Reduction Commission would end up raising taxes by $1 trillion over the next decade.

So, instead of bringing spending down in line with revenue, the President wants to raise our taxes to pay for his massive spending increases. It’s tax and spend in reverse: spend first, tax later.

And the Obama administration has a lot of half-baked ideas on where to spend our hard-earned money in pursuit of “national greatness.” These “investments,” as the President calls them, include everything from solar shingles to high speed trains. As we struggle to service our unsustainable debt, the only thing these “investments” will get us is a bullet train to bankruptcy.

With credit ratings agency Moody’s warning us that the federal government must reverse the rapid growth of national debt or face losing our triple-A rating, keep in mind that a nation doesn’t look so “great” when its credit rating is in tatters.

Of course, it’s nice to give a speech calling for “investment” and “competition” in order to reach greatness. It’s quite another thing to advocate and implement policies that truly encourage such things. Growing the federal government is not the answer.

Take education for example. It’s easy to declare the need for better education, but will throwing even more money at the issue really help? As the Cato Institute’s Michael Tanner notes, “the federal government has increased education spending by 188 percent in real terms since 1970 without seeing any substantial improvement in test scores.”

If you want “innovation” and “competition,” then support school choice initiatives and less federal control over our state and local districts.

When it comes to energy issues, we heard more vague promises last night as the President’s rhetoric suggested an all-of-the-above solution to meeting our country’s energy needs. But again, his actions point in a different direction.

He offers a vision of a future powered by what he refers to as “clean energy,” but how we will get there from here remains a mystery. In the meantime, he continues to stymie the responsible development of our own abundant conventional energy resources – the stuff we actually use right now to fuel our economy.

His continued hostility towards domestic drilling means hundreds of thousands of well-paying jobs will not be created and millions of Americans will end up paying more at the pump. It also means we’ll continue to transfer hundreds of billions of U.S. dollars to foreign regimes that don’t have America’s interests at heart.

On the crucial issue of entitlement reform, the President offered nothing. This is shocking, because as he himself explained back in April 2009, “if we want to get serious about fiscal discipline…we will have to get serious about entitlement reform.”

Even though the Medicare Trust Fund will run out of funds a mere six years from now, and the Social Security Trust Fund is filled mainly with IOUs, the President opted to kick the can down the road yet again. And once again, he was disingenuous when he suggested that meaningful reform would automatically expose people’s Social Security savings to a possible stock market crash.

As Rep. Paul Ryan showed in his proposed Roadmap, and others have explained, it’s possible to come up with meaningful reform proposals that tackle projected shortfalls and offer workers more options to invest our own savings while still guaranteeing invested funds so they won’t fall victim to sudden swings in the stock market.

And what about that crucial issue confronting so many Americans who are struggling today – the lack of jobs? The President came to office promising that his massive, multi-trillion dollar spending programs would keep unemployment below 8%; but the lack of meaningful, pro-free market reforms in yesterday’s speech means his legacy will almost certainly be four years of above 8% unemployment, regardless of how much he increases federal spending (or perhaps I should say because of how much he’s increased it).

Perhaps the most nonsensical bit of double-speak we heard Tuesday night was when the President said that hitting job-creators with a tax increase isn’t “punishing their success. It’s about promoting America’s success.”

But government taking more money from the small business entrepreneurs who create up to 70% of all jobs in this country is not “promoting America’s success.” It’s a disincentive that will result in less job creation. It is, in fact, punishing the success of the very people who created the innovation that the President has supposedly been praising.

Despite the flowery rhetoric, the President doesn’t seem to understand that individuals make America great, not the federal government.

American greatness lies in the courage and hard work of individual innovators and entrepreneurs. America is an exceptional nation in part because we have historically been a country that rewards and affirms individual initiative and offers people the freedom to invest and create as they see fit – not as a government bureaucrat does.

Yes, government can play an appropriate role in our free market by ensuring a level playing field to encourage honest competition without picking winners and losers. But by and large, government should get out of the way. Unfortunately, under President Obama’s leadership, government growth is in our way, and his “big government greatness” will not help matters.

Consider what his “big government greatness” really amounts to. It’s basically a corporatist agenda – it’s the collaboration between big government and the big businesses that have powerful friends in D.C. and can afford to hire big lobbyists.

This collaboration works in a manner that distorts and corrupts true free market capitalism. This isn’t just old-fashioned big government liberalism; this is crony capitalism on steroids.

In the interests of big business, we’re “investing” in technologies and industries that venture capitalists tell us are non-starters, but which will provide lucrative returns for some corporate interests who have major investments in these areas.

In the interests of big government, we’re not reducing the size of our bloated government or cutting spending, we’re told the President will freeze it – at unsustainable, historic levels!

In practice, this means that public sector employees (big government’s staunchest defenders) may not lose jobs, but millions of Americans in the private sector face lay offs because the ever-expanding government has squeezed out and crippled our economy under the weight of unsustainable debt.

Ronald Reagan said, “You can’t be for big government, big taxes, and big bureaucracy and still be for the little guy.” President Obama’s proposals last night stick the little guy with the bill, while big government and its big corporate partners prosper.

The plain truth is our country simply cannot afford Barack Obama’s dream of an “exceptionally big government” that may help the big guys, but sticks it to the rest of us.

Sarah Palin


House GOP Considers Privatizing Medicare

“House Budget Committee Chairman Paul Ryan, R-Wis., is testing support for his idea to replace Medicare with a fixed payment to buy a private medical plan from a menu of coverage options.”

Now lets privatize Social Security like Chile and many other countries.

Rare earth more valuable than gold?

Today Adam Hewison wants to talk about a rare earth stock that you can trade on the NYSE called MolyCorp, symbol MCP. The article defines “rare earths” and takes a look at one of the leaders in the industry.

The “Real” State Of The Union

The Humble Libertarian has the scoop: The real state of the union.

“Silver Circle” – They Want To Be At Sundance!

When the dollar loses its place as the world’s reserve currency, the Federal Reserve steps in to “protect” the nation.

Inflation has skyrocketed and families are suffering everywhere to provide and keep food on the table. The question keeps resurfacing: Can the very reason we got here be the answer to get us out? Join the Rebels in this film to find the answers.

You can help with a donation.


Mr. President, You Lied!

Mr. President, last night in your SOTU speech you declared that we’re going to take away the tax breaks given to the oil companies:

We need to get behind this innovation. And to help pay for it, I’m asking Congress to eliminate the billions in taxpayer dollars we currently give to oil companies. (Applause.) I don’t know if — I don’t know if you’ve noticed, but they’re doing just fine on their own. (Laughter.) So instead of subsidizing yesterday’s energy, let’s invest in tomorrow’s.

When you hear statements like that you should mouth, “You Lie!, to your TV screens. Here are the facts:

* A Compustat North American Database analysis shows that the 2009 income tax rate for U.S. oil and gas companies was about 48 percent, which was 20 points higher than the rest of the S&P Industrials.
* According to the government’s own Energy Information Administration, from 2004 to 2008, 27 American oil and gas companies – which actually make up under half the total oil and gas production in the U.S. – paid almost $150 billion in U.S. income taxes.
* Additionally, those companies paid other non-income taxes of more than $300 billion, for a total U.S. tax contribution to federal, state, and local governments of more than $450 billion.
* Keep in mind, too, that Sec. 199 – the manufacturing and production tax provision that Obama would likely call a “tax break” for “big oil” – actually benefits other industries more than it does oil and gas companies.

Every year oil companies plow their profits back into the ground to find more oil and gas. That means jobs! However, according to Jack Kelly at To The Point News, “…the Obama administration has all but shut down drilling in the Gulf of Mexico and off the Atlantic and Pacific coasts, and has cancelled four oil lease sales in Alaska. There were fewer new wells drilled for oil on public lands in 2010 than in any other year in the past decade.

This is costing thousands of Americans their jobs, costing the Treasury hundreds of millions of dollars from lease fees and in tax revenues, and is driving the price of oil higher.

I’m tired of this regime trashing industry and the free market. We need a president who values productive citizens and productive industries that don’t need government to thrive.

The Tea Party Response to SOTU

I just wish Rep. Michelle Bachman had been told to look into the camera.

Corn, What A Great Chart!

That chart looks like higher prices coming and already, as you can see from the following chart, we are near record highs.

Is inflation coming at us? You ain’t whistling Dixie; like a freight train!

Nation Faces $1.5 Trillion Deficit For 2011

The CBO reported today,

For 2011, the Congressional Budget Office (CBO) projects that if current laws remain unchanged, the federal budget will show a deficit of close to $1.5 trillion, or 9.8 percent of GDP. The deficits in CBO’s baseline projections drop markedly over the next few years as a share of output and average 3.1 percent of GDP from 2014 to 2021. Those projections, however, are based on the assumption that tax and spending policies unfold as specified in current law. Consequently, they understate the budget deficits that would occur if many policies currently in place were continued, rather than allowed to expire as scheduled under current law.

Last night President Obama outlined numerous investment (spending) proposals with only a passing nod to the severity of the deficit. Looking at the CBO projections, in the best case we will have a deficit after 2100 of at least -$500 Billion to as much as $1.5 Trillion deficit each year forever. That’s not acceptable and certainly will kill the USD.

Rep. Paul Ryan said last night,

Speaking candidly, as one citizen to another: We still have time… but not much time. If we continue down our current path, we know what our future will be.

Just take a look at what’s happening to Greece, Ireland, the United Kingdom and other nations in Europe. They didn’t act soon enough; and now their governments have been forced to impose painful austerity measures: large benefit cuts to seniors and huge tax increases on everybody

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