Saturday, April 30, 2011

Subsidies Going To Oil Companies - Obama's Socialist Scheme

As the price of gas approaches $5 a gallon, Socialist President Obama, is his desperate attempt to win re-election, is playing to his PEEP's as he calls for an end to the $ 4 Billion in subsidies going to oil companies.   What Obama is talking about is the ability of oil companies to write off their cost of doing business presumably to drill for more oil much the same as all companies write off their operating expenses to determine pre-tax profit.   It sounds good.  Of course, oil companies are very profitable because they produce a product that is vitally needed.   What Obama fails to tell the American people is that though oil companies earn Billions in profits, that they pay 40% of that profit in both federal and state taxes.   So, we should all be thrilled that oil companies make money because they are funding many government programs supported by the American people. 

Assuming Obama is right and that oil companies should pay even more of their profits in taxes, it might be OK if his plan was to use this additional tax revenue going to the government to pay down the $14.3 Trillion National Debt; but remember this is Socialist Obama.   Oh no, he wants to spend this extra $4 Billion dollars chasing wind mills providing even more subsidies than are already happening to fund "green" technologies that are not economically feasible today.   So, it will be more subsidies going to wind, solar and every other Socialist hair brained scheme that will result in higher energy cost and a lower standard of living for the American people. 

And, does any one really believe that the oil companies will actually pay more in taxes if their subsidies are eliminated.  That is not how it works.   The consumer will simply pay higher prices for all oil based products, which includes gas, plastics, paint etc. etc. etc.  That is exactly in keeping with Obama's Energy Scheme.   Obama's goal is to raise the cost of all carbon based fuel to make wind and solar feasible not because they have come down in price; but rather because carbon based fuels are so much more expensive. 

We have got to make Obama a one term President in 2012 and also sweep his Socialist pals out of office  by electing common sense Conservatives that are not out to bankrupt the United States and destroy jobs in our country.   The economy is now growing by just 1.8% in the last quarter.   China is growing by 8 or 9% each quarter.   I wonder why??   It is not just because China controls its currency as asserted by Donald Trump.   It is because China is doing everything possible to develop cheap energy to fuel its economy.  President Obama is a clear and present danger our to our nation.   This inexperienced, naive man does not have a clue how to create jobs.  In fact, Obama and his Socialist pals are all job killers. 

We have to take back our country in 2012 and 2014.  It is impossible to grow our economy by raising taxes and the cost of energy, Obama's plan.   We must sweep these Socialists out of office and send them back to the universities and think tanks that they came from by electing Conservatives who took and passed Economics 101 and that have worked in business with real life experience.   We must take back our country to prevent the bankruptcy of the United States.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren. 

Forbes Global 2000 - Ominous Sign For The US

Each year Forbes magazine publishes the Forbes Global 2000 listing the 2000 largest companies in the world.   In an ominous sign for the US, the number of US headquartered companies on this list has fallen from 751 in 2004 to just 536 in 2011.  Though the remaining US companies on this list are very healthy and profitable, the fact that this number continues to fall each year is a testament to federal government failure related to tax and regulation policies, a weak dollar that has allowed the acquisition of American firms and the rise of companies headquartered Europe and Asia Pacific, in particular.   As of today, remaining American companies are earning about 26% of their revenues overseas, with many companies already earning more than 50% of their revenues outside the United States. 

Some of this is happening because of environmental wacko regulations and big union demands that have destroyed manufacturing in the US, which is pushing companies and jobs overseas.  Further, the weak dollar caused by government deficit spending and the Federal Reserve's printing of money that is causing inflation has allowed companies from overseas to come in and acquire US Companies, or their subsidiaries, on the cheap.   Hence, remaining US companies headquartered in the United States are not only fewer than they were years ago, many of them are smaller.  

Many politicians of both political parties; but in particular Socialists like President Obama and his pals in Congress just don't get any of this.   Clearly, cards talk and numbers don't lie; yet these Socialists continue to ignore this ominous data.   It is impossible to create jobs if there are fewer companies to make them happen.  And, while it is true that small companies in the US create 70% of the new jobs, many of these small companies provide goods and services to big companies.  If the big companies disappear in the US, small companies will need fewer employees in the US to support them.   We don't need a fancy computer model to demonstrate this common sense 5th grade math.   Oh, I forgot, many in the US have been trained in the "New Math", where 2 plus 2 apparently does not add up to 4.  Instead, it adds up to a $14 Trillion National Debt.

That must why politicians of both parties, but Socialists in particular, have reasoned that they can spend the US into bankruptcy without any consequences.   In fact, the Treasury Department is currently borrowing $4 Billion a day to support the federal government's deficit spending.   That is 4000 million dollars a day to allow the federal government to continue on its spending binge.   Further, state governments are sitting on $1.2 Trillion in pension liability, owed to public employees, that they cannot fund.   This balloon is about to burst.   What is happening is not sustainable. 

Yet, Socialist President Obama wants to spend even more to take care of his PEEP's.    WE THE PEOPLE, that understand fifth grade math, must stand up and say enough is enough in 2012 and 2014.   We have to sweep these Socialists out of office and make Obama a one term President to prevent the bankruptcy of the United States by electing common sense Conservatives committed to the fiscal solvency of the United States.   We can't wait any longer.   We must take back our country to save it.   We have to finish the job we began in 2010.   We can do it.   We must do to to restore economic growth and jobs in the US.   We must take back our country to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.  

Thursday, April 28, 2011

Dismal US 2011 First Quarter Growth Rate of 1.8%

After borrowing and spending Trillions of dollars on bail outs and SwindleUS Plans, Socialist President Obama's mismanagement of the US economy is clearly evident.   Cards talk and numbers don't lie.  The growth rate for the first quarter of 2011 fell from 2 - 3% in previous quarters to just 1.8%, which is the reason real unemployment is still around 15% when the unemployed, those under employed and those working part time that want full time work are all counted.  This is also happening after the Federal Reserve has pumped billions of dollars into the economy by simply printing money.   The end result is high inflation and slower economic growth.   Obama and the brainiacs in his administration, that have never worked in business, practice Keynesian Socialist Economics, tax and spend government central planning, which simply does not work and has never worked any where on earth to stimulate economic growth. 

The only way to grow the American economy and create jobs is to cut government spending, cut taxes to keep more money in the private sector for investment and to cut government regulations.   It really is very simple.  During the first two years of the Obama Administration government spending has gone up dramatically to support public employee union members.   Obama Care is a huge drag on the economy.  And, while the Bush Tax Cuts have been extended for two years, which is good, Obama continues to argue class warfare to raise taxes on the "rich", defined as those earning more than $250,000 a year.  In addition, corporate income taxes are the second highest in the world, which causes more jobs to be moved overseas.  Finally, Obama's Trillions is deficit spending adding to the $14 Trillion National Debt is the road to the bankruptcy of the United States, which causes instability in the financial markets.  All of this combined with the National Labor Relations Board's assault on free enterprise as a pay off to support big unions is the reason we have dismal economic growth. 

The icing on this cake is Obama's failure to articulate a common sense 50 year energy plan that makes energy cheaper, not more expensive as is the President's goal.  Carbon based fuels, natural gas and nuclear energy must be a big part of the plan for the foreseeable future until newer technologies are economically feasible.  Yet, Obama's Gestapo, the Environmental Protection Agency in chasing wind mills making development of current energy sources difficult if not impossible.  Hence, one of the reason we have gas approaching $5 a gallon. 

So why would anyone be surprised that we still have little economic growth and high unemployment.   Obama's Socialist Schemes are at the root of our economic calamity.   As such, we have to sweep these Socialists, including President Obama out of office in 2012 and 2014 by electing common sense Conservatives at the federal and state levels that support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real energy, education and health care reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation in our country. 

We have to take back our country in 2012 and 2014 to prevent the bankruptcy of the United States.   We must finish the job we started in 2010 by sweeping these Socialist out of office.   We must clean house.  We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.

Wednesday, April 27, 2011

Obama - No Silver Bullet To Deal With Gas Prices

Socialist President Obama recently told us that there is "no silver bullet" related to rising gas prices that will soon reach $5 a gallon.   Of course, what he failed to tell us is that raising the cost of carbon based energy has always been part of his plan to make "green" technologies economically feasible.  When running for the Presidency he said in no uncertain terms that his energy plan required that the cost of carbon based fuels needed to rise dramatically so that wind and solar power could compete with carbon based fuels.  And of course, Obama's administration is doing everything possible to destroy the oil and coal industries and to prevent the development of nuclear energy.

So while China is opening up a new coal powered energy plant a week and has plans to build 10 new nuclear plants each year, Obama is chasing wind mills that cannot possibly power the American economy for years to come.   Instead of proposing a common sense 50 year energy plan, that will lead to energy independence for the United States, Obama is spending billions of dollars to subsidize "green" technologies that are not economically feasible today.   And, the federal government is spending 50 cents a gallon to subsidize ethanol made from corn, the production of which actually results in more green house gas emissions than it saves in addition to raising food prices.   All of this is just plain goofy.

The President is right.   Obama has no silver bullet to deal with rising gas prices because his administration has made it almost impossible to drill for oil in the United States and has further delayed the development of nuclear, coal and natural gas energy sources.   Instead Obama continues to demonize the oil companies because they are profitable.   Of course, they are profitable.   They sell something that we all need.   However, oil companies pay among the highest corporate income taxes of all companies at about 40% of income, as opposed to GE, Obama's pals that paid none.  So, Obama should be thrilled that oil companies are profitable because that tax revenue helps fund all his Socialist Schemes. 

President Obama talks a good game and is great at smiling; but actions speak much louder than words.   The Environmental Protection Agency, Obama's Gestapo Agency is preventing or delaying the development of most carbon based and nuclear energy sources.   The end result will be slower economic growth in our country, higher unemployment for years to come, higher energy cost and a lower standard of living for all Americans.   These Socialists are destroying the American economy. 

It is very nice that President Obama finally produced his actual birth certificate to prove that he was born in the United States.  This blogger has never really questioned Obama's place of birth; but I have questioned whether Obama is an American mostly because Obama often acts in ways that are contrary to the interests of the American people.   President Obama does not think like an American perhaps because he spent his formative years outside our country.   Obama wants to "transform" our country into a European style Socialist nation when that economic model has failed miserably time and again.   We can't let that happen. 

The fact is that WE THE PEOPLE have a silver bullet to deal with higher gas prices.   We must use that magic bullet at the ballot box in 2012 and 2014 to sweep these Socialists, including President Obama, out of office by electing common sense Conservatives that will represent the interests of the American people.   We must finish the job we began in 2010 and take back our country.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   We have to make Obama a one term President to prevent the bankruptcy of the United States. 

Tuesday, April 26, 2011

Obama's National Labor Relations Board - Unions Gone Wild

Socialist President Obama's National Labor Relations Board is run by radicals who are attempting to impose unions on American companies.   In the most recent struggle, the NLRB is attempting to prevent Boeing from moving a second production line from Washington State to South Carolina to build the Dream Liner Airplane.   The Washington Plant is unionized.   Since South Carolina is a right to work state where employees cannot be forced to join a union, the plant there is non-unionized.  Boeing has experienced numerous strikes at plants in Washington over the years so who can blame them for moving new production to another state.   We are just lucky they have not moved the new plant outside the United States.

Obviously, Obama and the cronies in his administration are owned lock and barrel by public employee and big unions that contribute hundreds of millions of dollars to Socialist campaigns so naturally they will do anything possible to support their union pals.   Of course, these same union pals have destroyed industry after industry in America by insisting on compensation and benefits that are not competitive in a global market place.  In the end, these Socialist characters are all job killers.   If the National Labor Relations Board is allowed to prevail, companies like Boeing will just push more jobs overseas.   We can't let the NLRB practice these Gestapo tactics. 

This is just one more reason we must sweep these Socialists, including the President, out of office in 2012 and 2014.   We must take back our country to restore economic growth and job creation in our country.   We must prevent these Socialists from bankrupting our nation.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren. 

Monday, April 25, 2011

Obama's Gestapo - The Environmental Protection Agency

As gas prices approach $5 a gallon, Obama's Gestapo, the Environmental Protection Agency is stopping oil companies from drilling for oil in the United States.   In this particular case, Shell Oil purchased leases costing $2.2 Billion to drill for oil in the Arctic Ocean.   To do so, Shell invested nearly $4 Billion over a five year period.  The EPA has denied Shell the right to drill claiming that drilling will pollute the air and be damaging to people living in the area.  First of all, drilling for oil is not opening up a steel mill, or a coal fired energy plant.   The impact to air quality would be minimal.  But even more important, how many people actually live in the vast Arctic Ocean region.  I suspect we can count the number of people living in the Arctic on our our fingers and toes.    This is just ridiculous. 

This permit denial has nothing to do with air quality.   Obama's Gestapo, the EPA is intent on destroying the oil and coal industries.  The EPA has taken Gestapo powers that were never intended by the US Congress.   If allowed to continue, the EPA will destroy the US economy, energy prices will rise dramatically and all Americans will experience a lower standard of living.   WE THE PEOPLE must stand up and say  HELL NO to the EPA Gestapo.  It is time to call your Congressman and Senators and tell them to get the EPA under control by defunding the agency.   We need to put the EPA out of business. 

What is really funny is that now Shell Oil will write off the entire investment in the Arctic as a total loss.   Obama, the Deceiver and Chief, as part of his class warfare rhetoric, keeps saying that the oil companies are getting subsidies, meaning that they are able to write off their cost of doing business, just like all businesses, which reduces their tax burden.  While oil companies do earn Billions in profits, they also pay Billions in taxes unlike favored GE that got a bail out from Obama that paid no corporate income taxes at all.  Obama wants to eliminate these "subsidies" normal write-off's to the oil industry while the US has provided billions in real subsidies over the last 30 years to the wind and solar or "green" industries that have produced absolutely nothing, but a loss to the American taxpayer.  And, let's not forget all the bail outs that went to Obama's pals as he implements crony Capitalism. 

Obama's Gestapo Agency, the EPA, is one more reason we must sweep these Socialists and wackos out of office in 2012 and 2014, including President Obama.   These characters are destroying the American economy.   They are all job killers.  These Socialists have to go to prevent the bankruptcy of the United States.  We must take back our country in 2012 and 2014.   We have to finish the job we began in 2010.   We can do it.   We must do it preserve our freedom, our nation and way of life for the sake of our children and grandchildren. 

California Politicians Live In Fantasy Land

In the laugh of the day, California (mostly Republican members) of the state legislature and Socialist Lt. Governor Gavin Newsom journeyed to Texas to find out why Texas is gaining jobs and businesses are moving there and California is losing both.  Ironically, Newsom was the former Socialist Mayor of San Francisco and is a notorious job killer.   In any case, they could have saved the state these travel monies and just called this Blogger and business owner who has been involved in Corporate Mobility for the last 32 years. I could have given them the answers in 5 minutes because I have been involved in moving jobs out of California for clients for years.  

California is run by Socialists, public employee unions that are bankrupting the state and environmental wackos that have made manufacturing in California impossible.  And, California is the litigation capital of the world.   Employment laws and other regulations in California are just plain crazy.   Over time is paid after 8 hours a day not after 40 hours a week, which pushes work and jobs that would have been done by non-exempt hourly employees out of California.  California also has among the highest taxes in the country, including an attempt to tax world wide income through various formulas that are imposed on California headquartered companies.  In fact, many companies leave California if nothing else than to avoid this tax regime.  All of these factors when combined with the high cost of housing, also driven by regulations on the building industry, has been the kiss of death for California.  

So while Texas gained 165,000 jobs in the last three years, California lost 1.2 million jobs.   California currently has 12% official unemployment, while Texas has 8% unemployment.   Another company Fujitsu Frontech recently called it quits in California and moved out of state.   Actually, so far, 70 companies have left California this year.   That amounts to 4.7 companies leaving per week, which is up from 3.9 companies that left last year.   Of the 70, 14 have moved to Texas.   36,000 entertainment jobs have left California since 1997 as even movies are no longer being made in California.   This business mobility trend has actually been happening for 30 years as the number of companies with 5,000 employees or more resident in California has shrunk from about 250 thirty years ago to about 120 today.   And, of those companies still headquartered in California, most have moved operations to other states and or out of the US entirely.   In the same time period, Texas has gone from about 80 companies with 5,000 employees or more to 220.   Cards talk and numbers don't lie.

Socialist politicians, including the current old/new Governor of California Governor Moon Beam Jerry Brown and President Obama just don't get any of this.  It is just Economics 101.  Obama is doing to the United States what Socialist politicians have done to California for years.   High taxes and more regulations push businesses to leave killing jobs.  Now many companies are moving operations overseas and leaving the United States entirely.   In fact, of the largest 2,000 companies in the world, 5 years ago, about 700 were based in the US.  Today, that number in 568.   This has happened because of mergers and acquisitions resulting from the cheap dollar and the US corporate income tax rate, which is the second highest in the world.   In some cases, overseas companies are buying American companies on the cheap because the dollar has been so degraded by Obama and the Federal Reserve.  Once done, headquarters are moved outside the United States.  This should be no surprise to anyone; yet Socialist politicians just don't have a clue. 

In order to preserve our freedom, our nation and way of life and to maintain jobs in the US, we must sweep these Socialists, including the President out of office in 2012 and 2014.  These characters are destroying our economy.  Obama is doing to the United States what Socialists have done to California.   WE THE PEOPLE must act to prevent the bankruptcy of the United States.   We must finish the job we started in 2010.   We must take back our country in 2012 and 2014.  We can do it.   We must do it for the sake of our children and grandchildren. 

Sunday, April 24, 2011

What Are We Doing In Libya

By now, it is probable that the United States has spent a Billion Dollars saving humanity in Libya.   While the goal is nice, the United States has absolutely no vital interest in Libya.   Libya produces just 2% of the world's oil supply, which Saudi Arabia immediately stepped in to fill.   Libya does not control any shipping lanes.   Libya is not an Iranian surrogate.   While it is true that Moamar Qaddafi, Libya's dictator, has a Terrorist past, if we did not do him in years ago, when we knew he sponsored Terrorism that killed Americans, why now?  And, it seems to me that during the Vietnam War, Socialists like President Obama argued that the US should not be involved in a Civil War.   Libya is a Civil War between tribes.   The US should mind our own business and let the chips fall where ever they fall.

We have mission creep in Libya as we send drones in to bomb the country, but we ignore countries in the Middle East that are a vital interest to the United States.  Egypt is on Israel's border and controls the Suez Canal, a major shipping lane.   Syria, is murdering its own citizens who are protesting in the streets for freedom.   Syria is an Iranian surrogate, also on Israel's border and is a sponsor of Terrorism that supports Hamas and Hezbollah in the Palestinian Territories and that also stirs up trouble in Lebanon.   The US should be doing everything possible to get rid of the Syrian dictator; yet we do nothing.    And, finally what happens in Yemen matter.   Yemen has the potential for controlling a vital sea lane and Al Queda and the Terrorists that have attacked the United States are resident in Yemen; yet there to we do nothing. 

It would appear that Socialist President Obama, as a result of his inexperience, just does not understand the concept of vital interests.   During the 2008 Presidential campaign, Obama declared that Iraq was the wrong war and Afghanistan was the right war.  Iraq is a major oil producer, which makes Iraq a vital interest of the United States.   Saddam Hussein was in a position to destabilize the oil producing region of the Middle East again making Iraq a vital interest of the United States.   Afghanistan was the base Al Queda used to attack the United States on 9/11.  We do need to destroy Al Queda; though it is less clear that we need to destroy the Taliban that allowed Afghanistan to be used as an Al Queda base.   Obama wants to pull out of Afghanistan, which does make sense; but after that happens, bombing will probably still be necessary since the Taliban and Al Queda will be back. 

In any case, there is absolutely no reason for the United States to waste blood or treasure on Libya.   Let me play Obama's game.   How many free lunches for poor kids would a Billion Dollars buy?   How many meal on wheels could a Billion Dollars buy for senior citizens?   How many new schools could a Billion Dollars buy?  How many new roads in the US could a Billion Dollars build?   How much research could be done for disease prevention for a Billion Dollars?   What could we do for a Billion Dollars to secure our borders?   Etc, Etc, Etc.   This is always the game played by Socialists in the United States related to defense spending.   But in the case of Libya, the game is completely valid. 

President Obama is in way, way over his head.   The President's foreign policy is completely incoherent because it is not based on the premise of vital interests.    By the way, if President Obama had taken International Relations 325 at University, he would know this because the concept of vital interests is the whole premise of the course.   A nation does not go to war unless its vital interests are threatened.   To do otherwise, would involve the US in many, many countries, which we just can no longer afford.   Mr.  President, in case you don't know the US already has more than $14 Trillion in National Debt and about $1.5 Trillion in deficit spending in 2011.   We can't afford ill fated wars, no matter the humanitarian benefit, that do nothing to protect the vital interests of the United States.

We need to sweep Socialists, including the President, out of office in 2012 and 2014 by electing common sense Conservatives that have taken Economics 101 and International Relations 325 at University.   President Obama is young, naive and inexperienced.   We have to make him a one term President to prevent the bankruptcy of the United States.   We have to finish the job we started in 2010.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.     

Friday, April 22, 2011

Donald Trump - Mind Your Own Business

Donald Trump, the self promoter and showman, really needs to do what Trump does best and that is make money to create jobs in America rather than seek the Republican nomination for President of the United States.  Trump is getting a lot of attention from the left wing media because of his outrageous statements, including portraying him as a Birther questioning Obama's place of birth.   The left wing media and the Socialists would like nothing better than for Trump to be the Republican standard bearer because they know that Trump would go down in flames and Obama would be re-elected in 2012. 

Trump advocates beginning a trade war with China by charging a 25% tariff on Chinese goods entering our country.   Mr. Trump have your forgotten that the Chinese hold about a Trillion Dollars of our National Debt.   If the Chinese decide to begin selling those bonds, even if they take a loss, or stop buying our Debt, it will force the Federal Reserve to monetize the Debt by printing even more money and then interest rates and inflation in the United States will sky rocket resulting in a lower standard of living for all Americans.   Believe me, all Americans should be frustrated by the way China does business; but Trump's solution is not the answer.   The real answer is ending deficit spending so that we don't have to borrow money from the Chinese or any other foreign entity.   Trump's solution would lead to disaster and it would be quick.  Remember, he who has the gold makes the rules and for now anyway, the Chinese have the gold.

Further, Donald Trump is pushing for the United States to take over the oil fields in Iraq to recover the Trillion dollars we spent fighting the war in Iraq to free their people from Saddam's boot.   Again, sounds good; but it would require 500,000 or more American boots on the ground in Iraq.   Such American action would unify all Iraqis to fight a gorilla war against us and enrage the entire Arab world.   This action would be used as even more justification for terrorist acts against US interests around the world. 

These sound bites seem logical; but would cause chaos in our economic and foreign relations.   That does not mean that we should not be tough with the Chinese demanding that they allow their currency to rise to proper levels and that American oil companies should be given some preference in Iraq; but common sense needs to prevail not simplistic solutions that will only make matters worse.

Donald Trump really needs to mind his own business and that is keep doing business and making money.   We need to nominate a professional, Conservative Republican who is electable not take part in a three ring circus, Barnum and Bailey style, which would occur if Trump became the Republican nominee.   My dream ticket is Ohio Governor John Kasich as the Republican nominee for President and Florida Senator Marco Rubio, as the Republican nominee for Vice President.   Remember, Ohio and Florida in the last two Presidential elections.   Kasich and Rubio are blue collar, not country club Republicans, that could appeal to Ronald Reagan Democrats and Independents.   And, no one except maybe Congressman Paul Ryan knows more about the federal budget than John Kasich since as a member of Congress, he spear headed balancing the budget when Clinton was President.  In all likelihood Obama can't win without carrying Ohio and or Florida.   And, no President has been elected in the last hundred years without carrying the state of Ohio.   Trump will not play in Peoria, so please Mr. Trump take a walk and just do another reality TV program.   We don't need this side show in 2012. 

 

Thursday, April 21, 2011

The Price Of Gold, Silver, Gas & The Stock Market

Cards talk and numbers don't lie.  The price of gold, silver and other commodities are surging as a reaction to Socialist President Obama's unwillingness to deal with Trillions in deficit spending and the National Debt, in addition to what is happening in Europe and the Middle East.   People flock to gold and other precious metals when they fear the loss of value of the dollar and other currencies.  The price of Gas is going up for two very simple reasons, the collapse of the dollar's value and supply and demand.   About 70% of the price of a gallon of gasoline relates directly to the price of oil.   The cost of a barrel of oil is very high because oil is sold in dollars.   As the value of the dollar goes down, the cost of a barrel of oil goes up.   It really is pretty simple.  Oil producing nations are not really receiving any more money for a barrel of oil, in real terms, than they were receiving before when the dollar was stronger.   And, demand is up as a result of growth in both China and India.  Demand is outstripping Supply.  This is all just Economics 101, not some huge global scheme as suggested by President Obama trying to deflect criticism of his actions. 

President Obama and the Environmental Wackos in his Administration have prevented oil drilling in the United States, as well as, development of other feasible energy sources.  Hence, the US is not contributing as much to world oil supply as would otherwise be the case.   This is totally in line with Obama's goal to raise the cost of energy, even if it adds to inflation and causes a lower standard of living for all Americans.   This is all intentional and part of Obama's "Green" strategy that requires carbon based fuels to be expensive to make wind, solar and bio fuels more economically feasible.  So, we are likely to see gas at $5 a gallon both because supply is not meeting demand and because the dollar is collapsing thanks to Obama's policies and the Federal Reserve. 

Further, it is nice that the Dow is up above 12,000; but that too is happening for two reasons.   American companies have cut cost dramatically and are very profitable.   But more important, again since the dollar has been destroyed by Obama and the Federal Reserve, in real terms, stock is not worth much more than was the case when the Dow was at 9,000.    

The price of gold, silver, gas and the Stock Market is a reflection of a weak dollar and the fact that the United States has no realistic long term Energy Policy.   These high prices are also a reflection of President Obama's complete failure to properly manage the US economy.   These high prices are actually a vote of No Confidence in Obama.  We must count the days until we can elect a competent Conservative President in 2012 to end the Obama years once and for all to prevent the bankruptcy of our country.   We must take back our country in 2012 and 2014 by sweeping these Socialists out of office.  70% of Americans now believe the country is headed in the wrong direction.  As such, we have to finish the job we began in 2010.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.      

Wednesday, April 20, 2011

Obama Attempted To Strong Arm Standard and Poors - No Surprise

Secretary of the Treasury Tax Cheat Timothy Geithner, under orders from Socialist President Obama, attempted to strong arm Standard and Poors, the credit rating agency, when the Administration learned that the S & P was about to lower the US credit rating from Stable to Negative.   This rating change caused the stock market to fall and the price of gold to go up.  Given the huge Obama deficits and the growing National Debt, the US Triple AAA rating is clearly at risk.   Naturally, Obama does not want this Negative rating publicized because it will eventually force responsible elected officials (Not Obama) to cut spending.   It will also demonstrate that Obama's Socialist Schemes are bankrupting our country.  If the US loses its Triple AAA rating, the US will have to pay much higher interest rates to borrow money in the markets; much the same as has happened to bankrupt Ireland, Greece, Portugal and various banana republics.   As it is now, the US is paying about $500 Billion a year in interest on the National Debt and that is with very low interest rates.   This is out of the $3.7 Trillion budget for 2011.  The US now owes more money than any other nation in the history of the world. 

In the mean time, one of my heroes, Republican Senator Jim DeMint of South Carolina has said that he will filibuster the vote to raise the National Debt Ceiling unless the Congress approves a Balanced Budget Amendment.   This blogger hopes that DeMint plays this card and sticks with it no matter what the outcome is because otherwise, we will never see the end of deficit spending and our National Debt will just grow by Trillions more on the way to the bankruptcy of the United States.   In the laugh of the day, Socialist President Obama is calling the sensible Ryan Plan to end deficit spending and repay the National Debt "radical".  What part of broke does this President not understand especially since Obama has no plan other than raising taxes on the "rich", defined by Obama as those making more than $250,000 a year.  Obama is the most "radical" left wing President in American history so for Obama to call anything, or anyone "radical" is really a joke.  If only it was so simple; but raising taxes will just result in lower economic growth and job loss and therefor less revenue to the federal government.   Class warfare may play well with Obama's Socialist base; but it will never result in an end to deficit spending and a balanced budget.  

Standard and Poors fired a shot across the bow of the federal government.   We are on our way to losing our Tripple AAA credit rating unless deficit spending is ended and we begin to pay off our National Debt.   This will never happen as long as Socialists, including the President, are in office, which is the reason we must sweep them out of office in 2012 and 2014.  This fight is about preserving our freedom, our nation and way of life for the sake of our children and grandchildren.   We must make Obama a one term President.   We must take back our nation in 2012 and 2014 by electing common sense Conservatives.  We can do it.  We must do it to prevent the bankruptcy of our nation. 

Obama - Demagogue and Chief

Now that the Presidential campaign season has official begun,  Socialist President Obama has become the Demagogue and Chief.  At a recent speech at Northern Virginia Community College, Obama played all his Socialist cards.  By the way, Obama loves to speak at colleges full of adoring fans, many of whom are receiving Pell Grants.   In fact, Obama played the crowd like a fiddle when he asked the question of college kids, "Can you afford to pay another $1,000 a year for your college education?"  Of course, he got the predictable answer of NO.   It might mean that some college kids might not have the money to drink until they are unconscious during Spring Break, or that they might actually have to WORK a bit more to put themselves through school rather than depending on the rest of us for their support.  As someone who did just that through 11 years of university, with no government grants, no loans etc, I don't have a lot  sympathy for able bodied college kids on the dole, sorry.  

In any case, after listening to Obama, I want to put a judge in front of him forcing him to take the oath used in court.   Mr. President, do you swear to tell the truth, the whole truth and nothing but the truth so help you God, throughout the whole campaign in 2011 and 2012 because much of what comes out of Obama's mouth is a bunch of lies.    Of course, Obama like all Socialists is back to the old class warfare story they preach in every election.   The evil, greedy "rich", defined as those making $250,000 or more, are the reason granny may starve and die, school children may get a poor education and not be able to go to college and generally the United States will fall into incredible decay.   The fact that the United States currently spends more on public education than any other country; but only ranks 34th among industrial countries related to student achievement seems to be lost in this discussion.  In any case, Obama claims taxes must be raised on the "rich" to remedy all the problems we face in America.  This is the biggest bunch of BS (and I don't mean Bachelor of Science degree) on TV today. 

President Obama is a liar plain and simple.   We don't have a tax or revenue problem in the United States, what we have is a spending problem.   This year the deficit will be about $1.5 Trillion dollars because of Obama's Socialist Schemes adding to our $14 Trillion National Debt.  There are just too damn many people on the dole and Obama has added thousands of public employee union members to the federal payroll at very high compensation and benefits.   The budget that Obama submitted just three months ago had no cuts in it at all.  In fact, Obama wanted to increase spending in 2012 adding another $1 Trillion or more to the National Debt.  If not for Republican insistence on cuts, does anyone believe that Obama would be talking about cutting any expenditures.  This blogger now believes that Obama is trying to intentionally cause the bankruptcy of the United States to create complete turmoil in order to "transform" our nation into an even more Socialist country.   What other explanation can there be since Obama's Socialist Schemes are so reckless and irresponsible.   Obama is certainly not stupid, so his plan must be intentional. 

Republican Congressman Paul Ryan, the Chairman of the House Budget Committee, has proposed a rational plan to cut spending that recognizes reality.   The Ryan Plan has been enacted by the House of Representatives.   Of course, it will never become the law of the land as long as we have a Socialist Senate and President demagoguing all these issues.   The truth is that Social Security is heading toward bankruptcy in 9 years.   Medicare and Medicaid, as currently constructed, are already bankrupt.  The only way to save these programs for future generations is to make major changes in them now.    Obama is portraying all of this as a mean spirited Republican plan designed to deny Granny and the Poor health care.   The fact is that unless Granny has Medigap insurance that cost $300 - $500 a month now, or is in the Medicare Advantage Program, Granny may not be able to find a doctor willing to take Medicare because government payments are so low.   And, Medicaid is not only bankrupting the federal government, it is bankrupting the state governments.  If only we could get President Obama to raise his right hand to swear to tell the truth, the whole truth and nothing but the truth, he would have to say these facts; but that is not going to happen anytime soon.    

We have to get the truth out.   If total assets were confiscated from the "rich", it would still not be enough to pay off the National Debt.   If taxes were raised by 50% on the "rich", which would cause a Depression, it still would not pay for all the people on the dole.   We need serious cuts to entitlements and we need to eliminate many government programs, departments, agencies etc. to deal with deficit spending and the National Debt.   That is the truth; plain and simple.  President Obama and the other Socialists in office will never do this, which is the reason we must sweep them all out of office in 2012 and 2014.  We have to take back our country to prevent bankruptcy.  To do it, we must elect Conservatives in 2012 and 2014 to finish the job we started in 2010.   We can do it.   We must do to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   President Obama, the Demagogue and Chief is a clear and present danger to our nation, which is the reason we must make him a one term President in 2012.

Monday, April 18, 2011

Presidential and Federal Power - Out Of Control & Dangerous

When the US Constitution was finalized as the basis for governance of our country in 1787, it was established because the earlier Articles of Confederation put in place after the Revolutionary War did not sufficiently deal with the many issues facing our young country.   The Constitution established a limited form of government that recognized that government that governed least, governed best.   As such, the Constitution provided for checks and balances on power by establishing the supposedly equal branches of government; the Legislative (Congress), the Judiciary (Supreme Court) and the Presidency.  In addition, our Founders were very focused on a few basic functions for the federal government that included providing for the common defense, allowing for interstate commerce, which eventually included the Post Office, establishing a common monetary system and generally providing for the rule of law.   Otherwise, all other powers were left to the states, or the individual as described in the Bill of Rights, the first 10 Amendments to the Constitution. 

Some how, some way in the last 110 years, in particular but even before, through Acts of Congress, Regulations Promulgated by the Federal Agencies managed by the Executive Branch, Presidential Executive Orders and Judicial Activism, the Federal government has extended its reach into every aspect of daily life.  And in many ways the President has become an elected Dictator who wages war and spends our money as he sees fit.   There is no doubt that the federal government, as managed by all three branches of government, certainly ignores states rights and individual rights often as though the original Constitution does not exist.  Some Socialist politicians even deny the relevance of the Constitution. 

Our Founding Fathers are probably turning over in their graves.   In their wildest dreams they could never have imagined the usurpation of power that has taken place in the last 110 years.   Remember, there was no federal income tax in the original US Constitution, which clearly indicates that our Founding Fathers never supported the arbitrary confiscation of personal wealth to redistribute income.   That did not come until an amendment was added to the Constitution in 1913 by Socialist President Woodrow Wilson.  It was by then that politicians of both political parties figured out that they could win re-election by bringing home the bacon; hence the origin of the term pork barrel spending. 

Today, 50 million Americans are on Medicaid, so it is a fallacy to say that the poor don't have medical insurance.   Their medical bills are covered by the federal and state governments.  About 50 million American Senior Citizens are on Medicare.   40 million Americans get food stamps.   Millions more collect welfare payments.  And still millions more (the working poor) get money back rather than pay income taxes under the earned income tax credit.  ObamaCare is just one more entitlement program on top of all of these that will lead to the bankruptcy of the United States.   All of this so far has led to a $14 Trillion National Debt that grows by the day.   This has not occurred because taxes are too low; but rather because spending is just too high and is growing at a trajectory that is unsustainable. 

Even if income taxes were raised by 50% on the "rich", which would cause a Depression, it would be impossible to pay for all these people on the dole.  Yet, this is the traditional basis of power for Socialist Presidents and Members of Congress.  What we have today is a federal government, including all three branches that is out of control and a clear and present danger not only to our national well being; but to our freedoms, as well.  The Congress seeks to tax and regulate all aspects of life.   An activist Judiciary over the years rather than upholding the tenets in the Constitution, has ignored it making laws rather than enforcing them.   And finally, the President has taken on near dictatorial powers never intended in the Constitution.  Today, we have an imperial Presidency with all the trappings of pomp and circumstance that cost our country billions of dollars each year to support.  It is almost as though we have a Royal Family and a Dictator all rolled into one. 

We have got to take back out country.   This does not mean tinkering around the edges; but rather taking back many of the powers WE THE PEOPLE have delegated to our elected federal representatives and the Supreme Court.   They have all proven that they cannot be trusted with the powers we gave them.  What we got from them is waste and corruption that will destroy our country if allowed to continue.   We can't let that happen.  We need to get back to the limited government that was the intent of our Founding Fathers.  This will never happen as long as we have Socialists in office.  We must elect Conservatives in 2012 and 2014, not RINO's, who support the Constitution as written by our Founding Fathers, not as contrived by the left wing media, public employee unions, environmental wackos, our current or former Presidents, Congresses, or the Courts.  The Federal Government is out of control and dangerous to our nation and our freedoms.    WE THE PEOPLE must stand up and say NO MORE. 

Gang Of Six - READ OUR LIPS - NO NEW TAXES

The Gang of Six, a group of Socialist and Republican Senators is attempting to concoct a deficit reduction plan that Senator Tom Coburn, Republican from Oklahoma says "will make everyone angry".   He is probably very right because in addition to various cuts in entitlement programs and other government spending, they will also propose higher taxes on the "rich" yet to be defined.   We know that Socialist President Obama defines the "rich" as a married couple making over $250,000.   In California or New York and many other states that is probably two working professionals, Joe The Pizza Man and his wife, or maybe a Doctor and his or her spouse certainly not Warren Buffet or Bill Gates.  In these high cost states where housing is very expensive and taxes are already very high, $250,000 is middle class at best not the typical evil, greedy, rich person Socialists are always portraying through the left wing media. 

In addition to Coburn, the Gang of Six includes Socialist Tax and Spend Senators Dick Durban of Illinois, Kent Conrad of North Dakata and Mark Warner of Virginia.  Other Republicans in the Gang include Saxby Chambliss of Georgia and Michael Crapo of Idaho.  Any Republican, Conservative or not that proposes higher taxes should be challenged by a Tea Party Candidate in the next primary.  Socialists will of course propose higher taxes.   Why would we expect anything else.   Dickie Durban, about as left wing as any Senator in Congress, is introducing legislation that will allow the states to tax Internet sales, when those that sell over the Internet already pay taxes in the state in which they reside.  If that legislation is enacted, we could end up with double sales taxation on Internet sales because the state of business residence will most certainly want their cut too. 

In any case, while the top 55% of Americans pay all federal income taxes and of those, the top 10% of tax payers pay about 70% of all taxes paid, the bottom 45% (Obama's PEEP's) paid no income taxes at all in 2011.  In fact, many of them got money back from the government as a result of the earned income tax credit.  Now that is a progressive income tax on steroids.  The "rich" are not only paying their fair share; but everyone's fair share. 

Yet, Obama and the other Socialists still complain that the "rich" those making over $250,000 a year are not paying their fair share.   How can this be, since the "rich" are about the only people paying federal income taxes.  As such, this claim is completely bogus, a Big Lie and nothing more than class warfare that has no basis in fact.  And,  Socialists in Washington don't seem to understand that Americans pay various local, state and federal taxes, licenses or fees on virtually everything we do, own, touch or eat.   Even food, that in some cases technically has no sales tax applied, indirectly is taxed because the grocer passes on a variety of taxes and fees paid by the grocer in the purchase price of food.  And, as a result of ethanol subsidies that plow corn into gasoline instead of feeding live stock, we are paying higher food prices anyway because of this stupid, stupid "green" Socialist Scheme.  This is just another tax by any other name. 

Virtually every aspect of life in America is taxed; yet the Gang of Six will propose even higher taxes.   Inevitably, we might even see a push for a "small" national sales tax in this deal.   The amount bantered around Washington is "just 5%".   Need I remind all that the personal federal income tax began at about 3% and the top rate today is 35%.  It has been as as high as 90%.   And, that European countries have Value Added Sales Tax of 17 - 25% depending on country.   No, we must say HELL NO to a National Sales Tax because we have seen the end of this story.   We can't trust our elected officials.  Once a National Sales Tax is imposed, it will be raised again and again.  History is our teacher.  We will then have high income taxes and a high National Sales Tax as is the case in Europe and other countries.  Instead, Washington Politicians need to get federal spending in line with revenues.  That is the clear solution to deficit spending, not higher taxes.  It will not happen without a Balanced Budget Constitutional Amendment, which should be the price demanded by Republicans for voting to raise the National Debt Ceiling one last time.

Congressman Paul Ryan, the Chairman of the House Budget Committee has proposed a perfectly good plan to end deficit spending and deal with the National Debt over ten years without raising taxes.  It is the Republican Plan.   Republicans in the Senate, including those in the Gang of Six, need to get with the program, or get out of town.   We can have no further compromise with Socialists.   It is compromise on spending and raising the National Debt Ceiling 24 times that has created the mess we face so much so that Standard & Poors is warning it may down grade the US Credit Rating.   As such, it is time to draw a line in the sand and run on it in 2012 and 2014.  Ryan's plan is responsible.  It may be tough medicine; but it will prevent the bankruptcy of the United States. 

We need to take back our country and it should begin with adoption of Congressman Paul Ryan's Budget Plan.  The Socialists, including the President, will never get serious about ending deficit spending because it is the basis of their power.   The National Debt has gone up 35% just during Obama's first two years in office in the name of "social justice" the Socialist code words for redistribution of income.   There is no reason to believe that Obama won't continue this disastrous course to reward his PEEP's, which is the reason we must make him a one term President in 2012.   Clearly, we must complete the job we started in 2010 by sweeping the rest of these Socialists out of Congress.   We must take back our country.   We can do it.  We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   Tell the Gang of Six, READ OUR LIPS, NO NEW TAXES. 

Sunday, April 17, 2011

The Role of Government - A Battle We Must Win

As much as anything else, the debate during the 2012 and 2014 elections in the United States will be about the role of government.   Since the enactment of the Constitutional Amendment allowing for the federal income tax in 1913, we have seen Socialist creep as so called "Progressives" and even some Republicans have grown government into all aspects of daily life.   President Obama and the Socialists that he leads believes that government has a role to play related to what we do, what we own, what we eat, what we say, what we think, really basically every aspect of daily life.   And, Socialists believe that they have a right to confiscate unlimited amounts of individual wealth in order to redistribute it from those who have studied hard, worked hard, or otherwise earned it to those that either work for government, or who have not studied, or worked hard.  It is really just that simple. 

Conservatives, who support the Constitution as written by our Founding Fathers, not as contrived by the left wing media, public employee unions, environmental wackos and all Socialists, believe the role of government should be limited.  Clearly, government's first priority is to provide for the national defense to preserve our freedoms.   Otherwise, government needs to maintain the rule of law and peace and tranquility within our nation in order that we may pursue our God given rights to accomplish the American Dream.  This assumes that those who study and work hard will achieve economic success and that is exactly what has happened for many who came to America with nothing and rose to high status.  Yes, Americans should pay a reasonable amount of taxes to support the well being of our nation and care for those less fortunate and particularly those that are mentally or physically disabled; but that does not include those able to work; but refuse to do so. 

Conservatives believe that if you give a man a fish, he eats for a day; but if you teach a man to fish, he eats for a life time.  So we would condition any welfare payments to the able bodied on the requirement for vocational education to learn a skill.  Socialists would prefer to give a man a fish for the rest of his life because once dependent, he will continue to vote for Socialists to stay in power.   This welfare mentality in many cases has destroyed the African American family in the last 60 years, which is a real tragedy.  The majority of African American children today are born out of wed lock; though this trend exists to a lesser degree among all Americans and it has a profound impact on our society.   At the foundation of this social disaster that denigrates the family is the Socialist Nanny State perpetuated by the Socialist lust for power.   

Big government is rarely the solution.   It is almost always the problem.  Other than the military, police and fire departments, most government services, programs, or initiatives would be better served by an optional free market solution.  But Socialists will never propose free market solutions that would provide better service at less cost because big government is the basis of their power.  As such, we must take back our country in 2012 and 2014 by electing Conservatives to preserve our freedoms, our nation and way of life for the sake of our children and grandchildren and to prevent the bankruptcy of the United States.   Socialist President Obama is the poster child for a big, intrusive federal government.  As a result, Obama is a threat to our freedoms, our nation and way of life, which is the reason we must make him a one term President in 2012. 

The President wants to "transform" America into a European style Socialist nation even though those nations and the United States are facing bankruptcy as a result of tax and spend Socialist Schemes and policies during the last 60 or more years.   We can't let this happen.   We have to take back our country in 2012 and 2014 to restore economic growth and job creation in America.   The debate in 2012 and 2014 is indeed about the role of government.   If we lose this battle, we will lose our freedoms and our nation.  Too much blood has been shed to build and protect this nation on a shining hill and it has become a beacon of freedom for the rest of the world.  This is a battle we must win for future generations and for all peoples of the world.      

Saturday, April 16, 2011

Obama's Plan To Confiscate Another Trillion Dollars In Higher Taxes

Socialist President Obama has proposed raising taxes on the "rich", those earning more than $250,000 a year, many of whom already pay 40 - 50% of their incomes in various local, state and federal taxes, licenses and government fees to pay for his wild deficit spending.   Obama has proclaimed that his tax heist will generate another Trillion Dollars over 10 or 12 years for the federal government.   I doubt it.   If Obama confiscates an additional Trillion Dollars from the private sector to fund his Socialist Schemes and pay off public employee union members, Obama will be taking this money from the most productive Americans, which means that they will not have this money to make investments, hire people for those that are business owners, or just make big purchases.   Without these expenditures in the private sector, which by the way pays federal income taxes, there will be job loss and economic growth will be retarded.  Again, this is Economics 101.  

While some higher level government employees, earning bloated salaries and crazy pensions may pay federal income taxes, inefficient government pays no corporate income taxes at all.   Hence, every job created in government, that is not outsourced to private industry, actually costs the government corporate income tax revenues.   This should be obvious to all; but Socialists like the President and his Socialist supporters around the country just don't get it.   If Obama wants to bring more tax revenues into the federal government and dramatically lower cost that will happen as a result of competitive bidding, he should be outsourcing just about every federal job he can. 

Even though the private sector will build in profit, you can bet that companies will squeeze out inefficiencies in to order to charge the most competitive price to win the contract.   Mr. President that is how free market capitalism works and believe me it really does work.  I know that from years of business experience.   Oh, I forgot Obama has no business experience.  There would not be two air traffic controllers because one fell asleep on the job.  The one who fell asleep would be FIRED and one would be hired that does not fall asleep on the job.   So even with profit included, the cost to government for services rendered would be less than is being paid now particularly since the government is paying way more than private sector wages.   Of course, there would be no public employee unions in these deals, which is precisely the reason President Obama and all other Socialists would never support this common sense plan that would save billions of dollars each year. 

Does anyone in his right mind really believe that the government can spend another Trillion Dollars in higher taxes better than individual Americans can do to create economic growth and jobs.    If that were true Social Security, Medicare and Medicaid would not be facing bankruptcy.   And, the Post Office and Amtrac would have money to spare instead of already being bankrupt.  Giving Obama and all politicians even more money to squander would just be pouring more money down a rat hole full of rats.  The Socialists would just use this money to buy elections, maintain their PEEP's on the dole and pay off public employee and other big unions.   We saw this soap opera in Obama's Trillion Dollar SwindleUS Plans I, II and III.   Fool us once shame on us, Fool us twice GO TO JAIL.

There were four Cabinet Departments when George Washington was President.   Today, there are 15 federal Cabinet Departments and dozens of Agencies and Commissions many of which are completely redundant that should be eliminated.   On top of that, Obama has 39 Czars over laying all of this huge bureaucracy.  Michelle Obama, the First Lady, has a staff of 24.  Who elected Mrs. Obama, or any other First Lady anything.   The waste, fraud and corruption that exists throughout the federal government is enormous.  Yet,  Socialist President Obama claims that he needs another Trillion Dollars from hard working, productive Americans.   To that we must say HELL NO.

Congressman Paul Ryan, the Chairman of the House Budget Committee has put forth a common sense plan to end year's of deficit spending, deal with Medicare and Medicaid, that are facing insolvency and pay off our National Debt in the next ten years.   Ryan's Budget Plan cuts spending by about $6 Trillion over ten years.   This is a real plan, not Obama's pie in the sky, that will never end the Trillions in deficit spending, or deal with our National Debt. 

Obama is running for re-election so he must play to his Socialist base; but he is not saying, or doing anything that is not his own Socialist ideology.   Obama is a tax and spend Socialist who whole heartily believes in redistribution of income.   Obama's plan is to take from productive Americans to grow government and add even more government employees to intrude into every aspect of our lives.  President Obama is a threat to our freedoms and our nation, which is the reason we must make him a one term President in 2012. 

We must take back our nation in 2012 and 2014 by electing Conservatives that support free market capitalism, limited government and lower taxes, a balanced budget, term limits, real education, energy and health care reform, a strong national defense, including securing our border and fighting Terrorism, the right to bare arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and jobs in our country.   We must take back our country.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren. 

Friday, April 15, 2011

Conservative Blogger's War Room - Dealing With Obama's Propaganda

Socialist President Obama is planning to spend an unprecedented Billion Dollars to win re-election.   If Obama is able to raise that much money, the President will have the funds to spew lies and propaganda morning, noon and night to paint the Republican Presidential candidate and Republicans in general as greedy, evil, uncaring and stupid Americans.   Obama will say that if Republicans win office they will starve and then kill granny, throw people out of hospitals, deny poor kids their school lunches and college educations and further discriminate against everyone who is not a white male under 40 years old etc. etc.  Obama will say that if a Republican is elected President, that our air and water will be poisoned and that there will be oil drilling and nuclear plants next to every home in America.  Of course, none of this is true; but it doesn't matter, these assertions are always part of the Socialist play book.  No doubt, the Obama team is already working on gathering dirt related to any potential Republican Presidential Candidate because Obama will do anything and say anything to win re-election.  Of course, that strategy is nothing new for Socialists.   They have been playing by these rules for years. 

President Obama used the internet to win election and now we must use the internet to make Obama a one term President and to sweep other Socialists out of office at both the state and federal levels to take back our country and finish the job we started in 2010.  I am pleased to report that the National Freedom Forum has thousands of readers every day.  Now, we must turn the National Freedom Forum and perhaps other similar blogs into the Conservative Blogger's War Room to reach millions of Americans every day.   Be assured, this Blogger will respond to President Obama's Propaganda with the truth on a daily basis in 2011 and 2012 in the run up to the election.  Once done, my readers should forward my Blog Postings to as many people as possible to blunt the impact of Obama's Billion Dollar Propaganda Campaign. 

We can provide instantaneous response to Obama's lies and propaganda, which is the way to set the record straight and convince Independents and even some blue dog Democrats that voting for Obama is the same as voting for the bankrupcy of the United States.   While this Blogger has always thought that Jimmy Carter was the worst President in American History.   It is becoming very clear that President Obama deserves a prime spot on the Presidential Wall of Shame.   Obama's Socialist Schemes to "transform" America will bankrupt our country.   Creating a new entitlement, ObamaCare, when Social Security, Medicare and Medicaid are all heading toward insolvency is reckless and irresponsible.  Clearly, the Trillion SwindleUS Plans I, II and III, were nothing more than a boondoggle to reward public employee and other big union supporters. No significant job creation came out of this wasteful deficit spending that just added to our National Debt.   Clearly, Obama, as a Socialist, is the most anti-business President in our history.  Obama just does not understand that it is free market capitalism that has made our country great, not big intrusive government.  Obama has no energy plan at all that makes any sense.   The President keeps chasing wind mills that cannot meet the nation's energy demands.  Rather than developing more energy sources, Obama wants to raise the cost of energy, which will result in job loss in the United States and a lower standard of living for all Americans.  Finally, Obama's foreign policy is incoherent.  The latest incursion into Libya is a prime example. 

Most important, if Obama is re-elected, he will continue the Trillions in deficit spending that is bankrupting our country.   The Obama Administration projects that even with higher taxes, his big goal, Obama will add another $10 Trillion to the National Debt and it will probably be much more.  Obama wants to "finish the job" he has begun.   That is really scarry.   We have higher unemployment, higher energy prices, higher inflation, chaos around the world and record deficit spending.   And, this is the job Obama wants to finish?

NO, NO, we must implement our Conservative Blogger's War Room to make Obama a one term President and sweep other Socialists out of office in 2012 and 2014.  We must elect common sense Conservatives that support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real energy, education and health care reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation.   This is the platform supported by the majority of the American people and the only way to restore economic growth and job creation in our country.   We must take back our country.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   

Thursday, April 14, 2011

Obama's Trillion Dollar Tax Increase - So What's New

Socialist President Obama has proposed his own plan for bringing down the federal budget deficit and the National Debt.   It is the same old Socialist song we have been hearing for years.   Obama wants to raise taxes on the "rich" those earning $250,000 or more by $1 Trillion in the next 12 years, while cutting spending by just $2 Trillion over twelve years.   Obama claims that this change will save $1 Trillion in interest charges because otherwise these monies would have to be borrowed to fund Obama's Socialist Schemes.  Most likely depending on the economy, the federal government will generate between $50 and $60 Trillion over the next twelve years, with the current tax code in place and probably continue borrowing if Obama gets his way to spend $72 Trillion dollars adding another $12 Trillion to the National Debt.  That means that Obama wants to cut spending by $2 Trillion out of potentially $72 Trillion in spending.  That is just about 2.5% of overall spending and will not bring down the National Debt one bit. 

So, President Obama wants to confiscate another $1 Trillion in taxes from hard working Americans, those that are the job creators in the United States, to redistribute their income to his PEEP's and public employee union members.   It really is that simple; but in the end all will be poorer for it.  Though the new tax heist will result in bigger, more intrusive government going from about 35% to 44% of the economy and more public employee union member jobs,  taking another Trillion dollars out of the private sector will result in the loss of many more jobs, a lower standard of living for all Americans and less revenues going to the government.   Higher taxes never produce more revenue going to the government because the "rich" will figure out how to beat the system.  They will vote with their feet.  Ironically, even Obama's PEEP's will lose in this deal as their jobs usually at lower income levels will be eliminated first because they often do not have the education, or skill set for higher level jobs.  That is what always happens and if Obama had taken Economics 101, he would know that. 

And, Obama refuses to deal with Medicare, Medicaid and Social Security that are all headed toward bankrupcy without radical changes.   My Hero, Congressman Paul Ryan, the Repubican Chairman of the House Budget Committee has proposed a real plan that will cut spending by $6 Trillion over the next ten years without raising taxes.  Ryan's plan is probably the most important initiative proposed, related to federal spending, since Ronald Reagan was President.  We have to deal with entitlements, while protecting the poor, or disabled who can't work, as much as possible, to end the deficit spending and eliminate our National Debt owed to foreign countries.

The Socialists in power, including President Obama, will never do what is necessary to put our fiscal house in order.  Socialists are owned lock, stock and barrel by the public employee unions feeding at the trough.  And, they only get elected by making their PEEP's, those on the dole one way or another, completely dependent on the federal government.   As such, to prevent the bankrupcy of our country, we must sweep these Socialists, including the President, out of office in 2012 and 2014 at both the state and federal level.   There is no other way.   We have to take back our country and finish the job we began in 2010.   We can do it.  We must to it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren. 

Wednesday, April 13, 2011

Saving Social Security - Common Sense Ideas

Despite the announcement by Senator Dirty Harry Reid, the Socialist Senate Majority Leader that Social Security is just fine, the reality is that Social Security is going bankrupt.  As of this year,  the Social Security Administration is paying out more money than it takes in from those currently working.   As a result of 70 million Baby Boomers retiring, it is estimated that within 9 years Social Security will be broke.   So, business as usual is just not sustainable.  However, Social Security can be saved for future generations with some creative thinking. 

First, people 65 or older with substantial means should be offerred a buy out of 50% of what they paid into the system in exchange for relinquishing their right to any long term Social Security payments.  The so called "rich" would jump at this opportunity and it would immediately end the government's long term obligation to these people.  This is a good deal for the government too since people are living much longer so ending this obligation for as many as possible makes sense. 

Second, Social Security should not be indexed to inflation.   Whatever someone gets upon retirement should be it for the rest of their lives.   If people know that they must live on this amount, they will make the necessary adjustments to deal with it.   It might mean less travel or other life style choices; but it will not be the end of the world.  This change will also cause people to save more during their working lives in recognition of the fact that Social Security is just a supplement not the whole retirement enchilada.

Third, the retirement age should be raised for those under 55 years old to 68 for early retirement and 70 for full benefits.   When Social Security was invented in the 30's, average life span was 62.  People are now living to be 80 or more so a later retirement age is warranted.   Access to Medicare can remain at 65 (separate problem that must be solved) so that those who choose to retire early because they can afford to do so will have access to medical insurance.  

Fourth, Social Security should just be in place to pay retirement benefits to the individual that earned them, not dependent children under 18 years of age.   Further, the notion that when the spouse dies, the remaining spouse on Social Security gets the higher of the two benefits is not actuarily sound.   When someone dies, their Social Security check must end not go to someone else for the rest of their lives.  

Fifth, there must be more incentives for people to save while working so that Social Security is not the only means of retirement support.   That means expanded IRS's, 401K benefits and the potential for other private accounts that have tax benefits.  When young people realize that Social Security is just part of their retirement planning, they will act to build other savings especially if there is an incentive to do it. 

It is highly doubtful that the Socialists will enact any of these things because they want their PEEP's completely dependent on big government.   This is how they win elections.   So, we must sweep these Socialists out of office, including President Obama in 2012 by electing common sense Conservatives willing to tackle these tough issues.   Social Security is often referred to as the third rail; but it could be a real winner for Conservatives bold enough to propose new ideas.   We have to take back our country in 2012 and 2014 to prevent the bankrupcy of the United States.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren.   These common sense changes to Social Security will save it for future generations; but only if we act now. 

Tuesday, April 12, 2011

Obama - Here He Goes Again

Socialist President Obama will shortly propose a "new" approach for dealing with his Trillion dollar budget deficits and the growing National Debt.  But there is nothing new under the sun when it comes to tax and spend Socialists.   Obama will sing the same old swan song telling the American people that he wants to raise taxes on the "rich", those making more than $250,000 or more to pay for all his Socialist Schemes and to keep his PEEP's and public employee union members on the dole.   When oh oh when will these Socialist learn that raising taxes never generates more tax revenues for government.  If anything, it works the other way. 

If higher taxes were the answer to deficit spending, then California streets should be paved with gold instead of stinking with debt.   California has among the highest state taxes in the country in addition to federal taxes.   The end result is that companies and people have simply voted with their feet and left the state and in some cases the country.  California still has very high real unemployment rate of 15% or more.   California is the poster child for Socialist economic mismanagment and yet the Socialists in Sacramento still don't get it.   Recently, there was an article saying that California State Legislators were going to journey to Texas to find out why companies have moved there.   Are the elected Socialist officials morons or what.   

Texas has grown considerably in the last 20 years, very often at California expense because Texas taxes are much lower, there are fewer regulations that drive up the cost of everything, including housing, Texas is a right to work state, which keeps unions under control and Texas does not have crazy employment practice laws.   That's it!   California state legislators, save your money for traveling to Texas.   In fact, California is the opposite of Texas on all counts, which is the reason Texas has experienced economic growth and California is a mess.

Socialist President Obama and the other Socialists in Washington want to do for the United States what Socialists have done for California.   We see the end of this story and it is not pretty.   While California is more than $20 Billion in the red for 2011, our country is more than $1.6 Trillion in the red for 2011.   We can't let Obama bankrupt our country.   We must make Obama a one term President in 2012 and sweep the other Socialists out of office by electing Conservatives to prevent the bankrupcy of our country.   We have to finish the job we started in 2010.   We can do it.   We must do it to preserve our freedom, our nation and way of life for the sake of our children and grandchildren. 

Monday, April 11, 2011

Saving Medicare For Future Generations

The first of the Baby Boomer generation began turning 65 years old last January.   That means that these Americans became eligible for Medicare, the senior citizen health care program that has been in place since 1965.   When Medicare was enacted as part of Socialist President Lyndon Johnson's Great Society Program, it was projected to cost a third what it actually costs today annually.   So the Congressional Budget Office that usually scores new entitlement programs blew it big time; but that is nothing new.   Medicare as we know it today is headed for bankrupcy in about nine years.   Unless there are major changes to Medicare, it will not be there for future generations and everyone knows it including all Socialists in Washington DC.  

Of course, Socialist President Obama will introduce his budget plan and rather than deal with entitlement programs, he will make the whole story about raising taxes on the "rich", which absolutely will not solve the problem.   With the Socialists it is always the class warfare argument; basically the same old song they have been signing since Woodrow Wilson's Presidency.  However, the "rich" have paid and paid and paid for their Medicare benefits since the program was enacted because there is no limit on Medicare contributions.   So if someone "rich" earned $10 million dollars during 40 years of work, more than $300,000 would have been paid for Medicare contributions over the 40 year period.   Assuming some reasonable interest rate was earned on this money, certainly $300,000 would compound to $600,000 or more.   Assuming the average person lives to 85 years old and Medicare is in place for a "rich" American, if an insurance premium was $15,000 per year, which is about double current Medicare Advantage Premiums, the cost to actually insure this "rich" American would be about $300,000 for 20 years.   That means that the government will have confiscated an extra $300,000 and probably much more than is actually needed to provide a "rich" American Medicare coverage. 

Yet, the Socialists always claim that the "rich" do not pay their fare share, which is just plain and simple a BIG LIE designed to use class warfare to win elections.   That said, the way to save Medicare is to provide all senior citizens the Medicare Advantage HMO program as the base plan through private insurance companies.   This Blogger's Mother along with 22 million other senior citizens are currently on this program, which is being eliminated by ObamaCare.   As such, in the future if ObamaCare is not repealed, senior citizens who have Medicare Advantage now will be forced to buy Medigap insurance to get the same coverage they have now, however, they will need to pay an additional $300 - $500 a month to get this level of coverage.   Most people who chose Medicare Advantage did so because they could not afford Medigap insurance, which means they will be stuck with plain Medicare; fast becoming another welfare program for the poor.  

In any case, the Medicare Advantage HMO should be the standard program.   Those below the poverty line should get it for free.  Others should pay 10 - 30% of the premium based on their total assets, for either this HMO program, or if chosen for a PPO program to get more choices and avoid the need for a gate keeper primary doctor.  And, even though the "rich" have paid for this insurance coverage many times over, the presumption is that they would end up paying 30% of the Medicare premium anyway because contrary to Socialist popular belief, the "rich" are not the greedy, evil people they are portrayed to be to win elections.   This plan would save Medicare and rely on competition to bring down insurance costs rather than ObamaCare that is a giant government scam and scheme.   

It is doubtful that the Socialists will support this common sense free market approach, which is just one more reason we must sweep them out of office in 2012 and 2014 to prevent the bankrupcy of our nation.   We have to complete the job we started in 2010 and make Obama a one term President.   We can do it.   We must do it to preserve our freedom, our way of life and nation for the sake of our children and grandchildren

Saturday, April 9, 2011

Congressman Paul Ryan - My Hero

Congressman Paul Ryan of Wisconsin, the brilliant Chairman of the House of Representative Budget Committee is my hero.   Finally, we have an elected representative in Washington DC with the guts to put forward a 2012 federal budget that will cut $5 Trillion in spending in the next 10 years to prevent the bankrupcy of the United States.  To make this happen, Ryan is proposing major changes to Social Security and Medicare, for those under 55 years of age, and Medicaid along with many other cuts that are long overdue.  Paul Ryan is simply telling the truth.  None of this is brain surgery.   Socialist President Obama's spending trajectory with Trillion dollar deficits projected for each of the next ten years is just not sustainable.  What part of we are broke does the President and all the other Socialists in Congress not understand.


In the mean time in a last minute budget deal to finally nail down the 2011 federal budget, which the Socialists failed to do all last year, No Drama Obama and Senator Dirty Harry Reid, the Socialist Senate Majority Leader finally agreed to $38.5 Billion in budget cuts for this year.    For all the theater in this deal, this is peanuts and about 1% of overall spending.   It amounts to about 4 days of federal govenment spending.   And, when compare to the $1.6 Trillion deficit projected for 2011, it really is chump change.  Honestly, to make this happen late at night to meet the deadline was just ridiculous.   To put this in perspective, this is equal to a family earning $100,000 a year cutting about $1,000 from annual spending.   Big Deal!

The real battle lies ahead, first related to raising the $14.3 Trillion debt ceiling, which must be done soon to allow the federal government to continue borrowing money.   The Republicans should not vote to increase the debt ceiling without a deal to cut spending even more and or a Balanced Budget Amendment to the US Constitution.   And then during the summer, the debate will begin specific to Congressman Ryan's 2012 Budget Proposal.  The Socialists will scream bloody murder and demogue this budget to death.   Obama and his Socialists supporters will claim that the cuts in Ryan's budget, which are serious, will result in children starving,  granny being put on the street or dying, the end of Medicare and Medicaid and actually life as we know it is the United States.   None of this is true.  Socialists know that these cuts are absolutely necessary to prevent the bankrupcy of our country; but as usual they will call for higher taxes, which will never address the Trillions in deficit spending.   In fact, if all taxes were raised by 50%, which would cause a severe Recession, or maybe even a Depression, it would be impossible to end the deficit spending that has been happening for years. 

The only way to end the Trillions in deficit spending and prevent the bankrupcy of the United States is to make the serious cuts proposed by Congressman Paul Ryan, or some version of his cuts.   Socialists just can't go down that road because that would mean that their PEEP's on the dole and public employees would suffer some pain.   But there is no other alternative.   These cuts are inevitable to prevent the bankrupcy of our nation and everyone including the Socialists know it. 

All of this is setting the stage for the elections of 2012.   The Socialists will claim that Republicans are destroying the New Deal and the Great Society welfare state in order to get their PEEP's to the polls.   Hopefully, the American people will be smart enough to realize that the rubber has hit the road and not fall for the usual fear mongering and lies implemented by the Socialists in every election.   Clearly, the spending cuts needed now will never happen as long as Socialists are in power, which is the reason we must make Obama a one term President and take back the US Senate, as well as, elect more Conservatives at the state level.   We have to finish the job we began in 2010.   We can do it.   We must do it preserve our freedom, our nation and way of life for the sake of our children and grandchildren.