Some Horror Stories Just Never End: Stimulus Part IV


Talk about a nightmare on elm street. This is the nightmare on capital street. The definition of insanity is doing the same thing over and over again expecting different results. Well guess what it has not worked the first three times you tried it and it is not going to work the fourth time.

I hope and pray for change this November or America is doomed.

Isn’t It Amazing How Some Things Just Never Change?


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No matter what happens the story remains the same. I inherited this crisis and I am doing everything I can to make things better but as it will only get worse since I inherited this crisis.

The more money the government spends on ECONOMIC STIMULUS plans the more the unemployment rate goes up, and yet the administration never makes the connection that perhaps it is his policies that is causing the crisis that he inherited. Oh well November is almost here and then we can start to get to work on erasing this Obama crisis we Americans inherited with his nomination in 2009.

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Finally a Prominent Democrat Goes on Record Supporting Tax Cuts


Picture of John F. Kennedy

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Tax reduction thus sets off a process that can bring gains for everyone, gains won by marshaling resources that would otherwise stand idle—workers without jobs and farm and factory capacity without markets. Yet many taxpayers seemed prepared to deny the nation the fruits of tax reduction because they question the financial soundness of reducing taxes when the federal budget is already in deficit. Let me make clear why, in today’s economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarged the federal deficit—why reducing taxes is the best way open to us to increase revenues. _President John F. Kennedy,   Economic Report of the President,

Now there is a Kennedy legacy that should be promoted and not universal health care. I wonder if this is why he was shot? Just wondering considering how vitriolic the left are toward anyone mentioning tax cuts today.

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Grading Obama’s Performance Thus Far


The last 18 months of the Obama Administration has been a whirlwind of activity, none of which really amounts to anything that betters our society, on the contrary Obama has only made things worse. Despite his obvious love of himself Obama has done nothing to help ease the soaring unemployment rate in America, he has offered nothing to help turn the corner on the recession we are now in, in fact everything Obama tries to fix only gets worse. So I give the President an “F’ for failure. What say you?

Amplify’d from canadafreepress.com

After 18 months of the Obama presidency:

  • Government spending completely out of control
  • Federal deficit “unsustainable” at $13 trillion and growing
  • Unemployment rate close to 10%
  • 15 million Americans out of work
  • Economy remains in recession, or worse
  • Personal bankruptcies soaring
  • Home foreclosures on a pace to reach 1 million in 2010
  • Consumer confidence at 11-month low
  • Gulf oil spill worst environmental crisis in history, exacerbated by lack of presidential leadership
  • Moratorium on drilling to cost jobs
  • Racial tensions grow in intensity throughout society
  • U.S. government sides with foreign nation Mexico against sovereign state of Arizona
  • U.S. borders unsecured—citizens vulnerable to attack from invading criminals
  • War in Afghanistan: Political goals trump military ones
  • American prestige in sharp decline throughout world
  • Even progressive Europeans reject Obama’s outrageous proposals to continue spending
  • White House uses tyrannical, banana republic tactics to ram Marxist programs into law
  • Rule of law ignored to secure votes
  • Majority of Americans believe nation headed in wrong direction

Read more at canadafreepress.com

 

Obama and Democrats Place Economy on ‘Crash Course’


Great Depression: man dressed in worn coat lyi...
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This is serious business folks. These ‘fools’ in congress have spent us beyond our ability to recover. It is imperative that ‘fiscal conservatives‘ step in and apply the brakes to this run-away, federal spending, train wreck. It has become increasingly obvious even to the causal observer that federal spending is out of control.

Come on people vote these fools out of office and take our country back from these ruinous democrat policies. The good times are over, it is time to get off the party train and take some fiscal responsibility before it is all over. Which may come sooner than you think.

Amplify’d from www.americanthinker.com
Warning signs are everywhere — most of them carefully phrased and nuanced, but warnings, nevertheless. Greece and, closer to home, California are painful reminders of what could happen. CNBC is reporting that the Dow is repeating patterns that prevailed just before the Great Depression. The U.S. workforce suffered one its sharpest declines ever — a drop of 652,000 — in June. Economists claim that “wages are flirting with deflation.” It’s hard to find good news on the financial front. Now, the Congressional Budget Office (CBO) just released its “Long-Term Budget Outlook” to confirm what people already feared: The national debt is devastating for the future of America. According to the CBO, “the federal government has been recording the largest budget deficits, as a share of the economy, since the end of World War II.” As a result, the CBO paints a very bleak picture of our nation’s future prospects. Further, as the world’s remaining superpower, this country’s terrible financial condition affects all other nations — a fact that makes the CBO report even more alarming.
Sadly, Shaw’s dismal picture is not sobering enough. Douglas W. Elmendorf, director of the CBO, noted that the nation’s debt to GDP surged from 40 percent to 62 percent in just two years.
To compound the alarm, the CBO admits to understating the severity of the problem because its report does not include the negative impact that “substantial amounts of additional federal debt” would have on other aspects of the nation’s economy.

Read more at www.americanthinker.com