Monday, December 31, 2012

Obama Calls For Even Higher Taxes

Even before the ink is dry on the Fiscal Cliff deal, which if enacted will raise taxes on families and small businesses earning more than $450,000 a year, Socialist President Obama, always in campaign mode, went on TV to say that he will not agree to any spending cuts, or Entitlement reform without even higher taxes on the "rich" and corporations.   That means there will be no spending cuts as we continue to head toward bankruptcy and a loss of our national sovereignty. 

This Man/Child, incompetent President is a JOB KILLER.   These higher taxes are falling on sub chapter S Corp Small Businesses, which when combined with the 21 new taxes in ObamaCare, will result in lay off's and or an inability to make new investments to create jobs. 

We go from crisis to crisis under Drama Obama, which is the reason business is not investing in new plants and equipment.   Assuming they deal with the Fiscal Cliff, at least that bit of uncertainty will be gone; but then Obama throws in the potential for even higher taxes that he is going to demand in 2013 and beyond.   We are back to more uncertainty.   As a business owner, it tells me to batten down the hatches and delay hiring.  Obama has been the most anti business President since the two Roosevelt's and Woodrow Wilson. 

And, Obama continues to use the "rich" as a scapegoat for everything that plagues America; much the same way Hitler used the Jews for the bad economy in Germany in 1933.   One more time, the poor are not poor because the rich are rich.   The poor are poor because they are poorly educated by our public schools and they have no marketable jobs kills in a competitive global marketplace.   God knows we have spent Trillions of dollars on education and social welfare programs since the New Deal; yet the poverty rate is higher today than when Obama first took office.

The only way we will see economic growth and job creation again in America that helps the poor and the Middle Class is if we have a thriving Private Sector.   Obama is doing everything he can to retard the growth of the Private Sector, while at the same time using every excuse to grow government.   We have seen the end of this story many times in History.   Socialism only leads to a lower standard of living for the people, misery, poverty and in some cases murder.  Yet, our Socialist, and perhaps Communist President continues to push us down that road in the name of "social justice" and the redistribution of income.   God help us all. 

The Real Fight In Washington DC

The real fight in Washington DC is not about the Fiscal Cliff.   That is a side show produced by Drama Obama to satisfy his PEEP's.   In fact, Socialists have agreed to extend the Bush Tax cuts, that they opposed when they were enacted, for at least 98% of all Americans.  It may go to 99% as part of a compromise deal.   While taxes will not be as low as enacted by Ronald Reagan, they will still be lower than the tax increases enacted by Bill Clinton for the vast majority of Americans.   So whatever happens, this is a victory for Conservatives and the American people. 

Of course, Congress must still deal with inheritance tax, which will probably provide for $3.5 - $5 million tax free and then a 35 - 45% income tax after that, which is confiscatory.  Dividend and Capital gains taxes may go up to 20% as part of a deal.   All of these things could have been done months ago. 

The real issue is spending cuts.  Most of the federal government budget goes to support Social Security, Medicare and Medicaid.   Without reforming these Entitlements, it is impossible to get spending under control.   This should be a no brainer negotiation; but Socialists absolutely refuse to cut benefits for future recipients even though common sense would dictate otherwise since people are living so much longer.   Ultimately, to receive full Social Security benefits, the age should inch up to 70 years old for people age 30 and below today.   And, increases in benefits related to cost of living must be moderated for all recipients. 

Early retirement could still be at 67 for these young people.   Medicare needs to follow the Social Security age and should be means tested so that the wealthy pay more for their benefits, even though they have already paid for Medicare many times over.   Medicaid needs to be block granted to the states to control costs.   And, probably something will need to be done to control ObamaCare costs. 

Finally, we have to get other federal government spending down from Obama's 25% of GDP to the more traditional 18% by eliminating 500,000 federal civilian employees, out of the current 2.65 million, through normal attrition and by ending the redundancy that exists in federal programs, commissions, agencies and departments.   This too should be a no brainer; but it will not happen as long as Socialists are in power because of their ties to public employee unions that support them. 

The real fight in Washington DC is about spending cuts, not the Fiscal Cliff.   The United States is headed toward bankruptcy and a loss of our national sovereignty.    Conservatives in Congress are trying to prevent this from happening.   Socialists are doing everything they can to bankrupt our country.   This is the real story. 

Sunday, December 30, 2012

The Tea Party Is Not Dead

Much to the chagrin of Socialist President Obama and his pals in government, as well as, the left wing, lame stream media, the Tea Party is not dead by any means, despite their pronouncements.   And, the Socialist's descriptions of Tea Party Members as "radical" is absurd.  The only "radicals" in the United States are the Socialists and Communists that are pushing our country toward bankruptcy as a result of their PEEP's feeding at the trough. 

This Blogger is a Tea Party Member that keeps advocating common sense ideas to deal with our National Debt by reforming Entitlements and reducing the size of government.  I know these ideas may be "radical" for left wing Socialists and Communists and their supporters in the media; but unless we finally get spending under control, we will see the economic collapse of the United States and a loss of our National Sovereignty.   We are not going to let that happen. 

Tea Party Members, me included, that love our country and way of life are not about to let the real "radicals", the Socialists and Communists in government destroy our nation, in the name of "social justice" and redistribution of income, which is obviously their ultimate goal.    We believe in limited Constitutional government, lower taxes and fewer regulations.   In other words, Tea Party Members support FREEDOM as it was defined by our Founding Fathers, not the 100 years of Socialist Creep we must roll back that is the handiwork of left wing radicals and judges over the years that is bankrupting our country. 

Not to worry, the Tea Party is alive and well.   We cling to our guns, religion, family and Conservative values as the real foundation of our nation.    We are not going away any time soon because to do so would be to give up on our country and our children.  That is not going to happen any time soon. 

Saturday, December 29, 2012

It's All About Spending - Stupid

If the Bush Tax cuts are allowed to expire, on paper, it will bring in $4 Trillion in new federal income tax revenues, mostly from lower income people and the middle class, in the next ten years.  Of course, it is likely to be less because this huge tax increase on everyone will retard economic growth and be a job killer.   But, we can play the game for argument sake.  Socialist President Obama has borrowed and spent more than a Trillion dollars, every year of his Presidency, with no end in sight, adding $6 Trillion to our $16 Trillion National Debt.

If the Obama trajectory is allowed to continue, assuming the markets will allow it, which is not the case, as much as another $20 Trillion could be added to the National Debt in the next ten years.   Using fifth grade math, all that is needed, if we subtract $4 Trillion from $20 Trillion, that means we would end up with a total National Debt of about $32 Trillion.   But since, the Bush Tax Cuts are likely to be made permanant for 98% of Americans as part of a Fiscal Cliff deal, we will not see this $4 Trillion in new revenues.  Instead, it is likely to be only $1 Trillion, the tax on the "rich", which would put our National Debt at about $35 Trillion ten years from now. 

By current measurement, that number would represent more than 200% of Gross Domestic Product.  Only Japan has numbers that are worse today and their economy continues to suffer for it.   Bankrupt Greece, Spain and Italy are at 125 - 150% of GDP.   But not to worry, the markets will never allow us to get to a $35 Trillion National Debt.   Instead, we will see the economic collapse of the United States long before.   When that happens the dollar will be worthless.   We will have civil strife on our streets.  And, we will lose our national sovereignty as those we owe money to, particularly the Chinese, will make demands on our people and our country that we will not be able to control.

It's all about spending - STUPID.   If all the wealth in the country were confiscated, we could not fund Obama's current spending trajectory, along with the $100 Trillion plus of promised, unfunded liability for Social Security, Medicare, Medicaid, government pensions and ObamaCare.    Certainly, just raising income taxes on the "rich", defined by Obama as families and businesses with $250,000 a year of income just a "little more" will only bring in, about $80 Billion a year,  enough revenues to fund the government for 8 days a year in each of the next ten years.   It is all BS, feel good Class Warfare; not serious economics.

In the last two years, for the first time, more money is going out for Social Security benefits than is coming in through payroll contributions because Baby Boomers are starting to retire.   There is no Social Security Trust Fund, just IOU's from the federal government because politicians of both political parties have been stealing our contributions to pay for guns and butter since 1965.   So now the government must either print, or borrow money, both of which are happening, to pay Americans their Social Security benefits. 

The United States is headed toward certain bankruptcy if we don't reform Entitlements, Social Security, Medicare, ObamaCare, Medicaid, Welfare and Disability Benefits NOW.   We also must cut spending by eliminating 500,000 federal civilian employees, out of the current 2.65 million, through normal attrition, to bring federal government spending down from Obama's current 25% of GDP to the more traditional 18% of GDP.   This means eliminating redundant programs, commissions, agencies, departments etc, the same as would happen in business when spending is too high.  

Of course, Socialist President Obama and his pals in Congress will never do any of this because it means ending the gravy train for their PEEP's, those on the dole, the 50% of Americans that pay no income taxes at all, public employee union members, illegal aliens, radical feminists and environmentalists, trial lawyers and crony Capitalists.  Unless and until these characters are thrown out of office and we have responsible grown up's running our government, we are destined to suffer economic collapse.  It is what it is.  Buy Guns, Gold and Real Estate because economic chaos is coming unless we get federal government spending under control.   Don't count on it.   

Thursday, December 27, 2012

Socialist Senator Dirty Harry Reid - Incompetent Buffoon

Socialist Senator Dirty Harry Reid of Nevada, the Senate Majority Leader, is an incompetent buffoon.   The do nothing Socialist controlled Senate has not enacted a federal budget, under Reid's leadership, in four years, even though the Constitution requires it to happen every year.   In the mean time, Reid and Obama have borrowed and spent more than a Trillion Dollars in each year of the Obama Presidency than the federal government takes in, adding about $6 Trillion to our National Debt.  This is more than any other President in American history, with no end in sight, along the road to national bankruptcy. 

Since Republican Speaker of the House John Boehner could not reach an agreement with Obama to deal with the Fiscal Cliff, it is now Dirty Harry's turn to enact a fix that can pass both Houses of Congress and will be signed by the President.   The House of Representatives already enacted the full extension of the Bush Tax cuts months ago and sent it over to the Senate.   Dirty Harry will not bring it up for a vote, even if amended, to reach a deal.   As a result, we are going over the Cliff.

So here we sit.    We are a few short days from both going over the Fiscal Cliff and reaching the $16.4 Trillion National Debt Ceiling.  If we do go over the Cliff, taxes will go up dramatically on January 1 for all Americans resulting in a $4 Trillion tax increase over the next ten years.   And, the Socialist dirty little secret is that about $3 Trillion of that tax increase will hit the Middle Class.   Only about $1 Trillion of the Bush Tax cuts, over ten years, actually went to the "rich", those earning over $250,000 a year.   The Bush Tax cuts, for the most part, disproportionately benefited the Middle Class, not the "rich", because as a percentage, the Middle Class got much higher tax cuts than the "rich".   Of course, you will never hear any of this from the Socialists in all their Class Warfare lies and BS. 

Many now believe that Obama actually wants taxes increased on all Americans to fund his Socialist Schemes.   Eliminating the Bush Tax Cuts, presumably will bring in $4 Trillion more in federal income taxes in the next ten years, assuming it is not a job killer that will retard economic growth.  Whatever comes in, this is just more money for Obama to spend on his PEEP's, those on the dole, the 50% of Americans that pay no income taxes at all, public employee union members, illegal aliens, radical feminists and environmentalists, trial lawyers and crony Capitalists.   For Obama, it is always about buying votes to keep Socialists in power feeding at the trough.   So what's new.  

Wednesday, December 26, 2012

Government Will Hit Debt Ceiling - December 31

Socialist Secretary of the Treasury Tim Geithner has informed the Congress that the Federal Government will hit the $16.4 Trillion National Debt Ceiling on December 31, 2012.   It should no surprise because Obama is now borrowing and spending about $5 Billion a day to fund his Socialist Schemes and Trillion Dollar Plus Annual Budget Deficits.   So now on top of the Fiscal Cliff and huge tax increases that will hit the American people on January 1, our country will be in another Obama Crisis shortly.  

Geithner has indicated that he can play games with the numbers by shifting monies around to borrow up to $200 Billion, which will push this can down the road for a month or two; but then Armageddon will occur, since the United States will have no authority to continuing borrowing, which will result in Default on our Debt.   

It is important to recognize that Obama has essentially asked that the Debt Ceiling be eliminated altogether by giving him sole authority to raise the Debt Ceiling to anything he wants, without Congressional Approval, even though it is required in the Constitution.   Republicans in Congress will never give Obama that authority and power; but don't be surprised if he does not take it anyway by Executive Order, which will cause a Constitutional Crisis that will go all the way to the Supreme Court. 

If Obama uses an Executive Order to get around Congress to raise the National Debt Ceiling, he is likely to cite National Security, which is often the justification for a Presidential Power Grab.   And, if it does end up in the Roberts Supreme Court, months from now, given the ObamaCare decision,  it would not surprise this Blogger if the Socialists on the Court and Roberts don't side with Obama.   If and when that happens, the road to bankruptcy, civil strife on our streets and the loss of our national sovereignty is certain.

Obama's PEEP's, those on the dole, the 50% of Americans that pay no income taxes at all, public employee union members, radical feminists and environmentalists, trial lawyers and crony Capitalists, all feeding at the trough, are completely oblivious to all of this.   Nor do they care if they bankrupt our country, as long as they can continue feeding at the trough.   The day of reckoning is coming.   We cannot continue borrowing more than a Trillion dollars a year to take care of Obama's PEEP's.  It is what it is. 

Tuesday, December 25, 2012

Obama Out To Destroy The Republican Party

Socialist President Obama is out to destroy the Republican Party.   Obama knows very well that if Republicans vote for a tax increase for married couples and small businesses with $250,000 or more in annual income, or even if Republican Speaker of the House John Boehner allows for that vote in the House of Representatives and it passes with Socialist and some Republican votes, it will destroy the Republican Party, which is Obama's intent.   Conservative Republicans are not interested in supporting a Socialist Party Light.   If Republicans are not the political party of limited Constitutional Government, lower taxes and less regulations, the Republican Party will go the way of the Whigs. 

Republican Speaker John Boehner will be deposed, if he doesn't hold firm in his dealings with Obama even if it means going over the Fiscal Cliff.    Raising taxes on anyone, in the name of Class Warfare, will not solve our fiscal problems and will actually retard economic growth and job creation in America.  It is a violation of Republican principles, particularly since it will do nothing to deal with our National Debt problem.  We need major spending cuts, entitlement and real tax reform to get our country back on track.   And, Republicans in Congress must do what they can to stop all of Obama's Socialist Schemes and the pending 6,000 regulations Obama is planning by Executive Order to control and intrude into all aspect of daily life.  

Obama's believes he has a mandate to "transform" our nation into a European style, command and control, Socialist country.   The 48% of us that voted for Mitt Romney, as well as, those of us that voted for 30 Republican Governors and many Republican state legislatures are here to say HELL NO to Obama.   Republicans in Congress better get with the program, or they will be Gone With The Wind, which is Obama's plan. 

The Fiscal Cliff - Phony Baloney Washington Deal

All of the options on the table in Washington DC to deal with the Fiscal Cliff are just plain phony baloney.   The US will borrow, tax and spend more than $60 Trillion in the next ten years.   If the current trajectory continues, which will lead to national bankruptcy and insolvency, long before, of this $60 Trillion, more than $20 Trillion is likely to be borrowed and added to our current $16 Trillion National Debt.   Of course, the markets will never allow this to happen.   The financial collapse of the United States will occur long before.

We are already spending about $220 Billion a year on interest on the Debt and that is with very low interest rates.   When interest rates go up, as they surely will, interest on the Debt will exceed and crowd out all other major expenditures.  In fact, it is estimated that by 2020, the interest on the National Debt will exceed a Trillion dollars a year.   This will be about 20% of all government expenditures.   This is unsustainable by any measurement. 

So the deals being discussed in Washington DC to deal with the Fiscal Cliff will do nothing to address any of this.   Obama is pushing for about a Trillion dollars in new taxes in the next ten years on the "rich", enough to fund the government for about 8 days a year.   Republicans are pushing for about a Trillion dollars in spending cuts in the next ten years.  Even if this $2 Trillion was there to impact federal spending in the next ten years, it is a pimple on an elephant.   This is $2 Trillion, out of the likely $60 Trillion that will be borrowed, taxed and spent.  

This represents a cut in spending of just $100 Billion a year out of the $4 - $5 plus Trillion dollars that will be spent each year in the next ten years.  This is less than 2% of overall spending, peanuts in the big picture, that will do absolutely nothing to end deficit spending and deal with the National Debt.   As such, all of the deal options being discussed in Washington DC by Socialists and Republicans are phony, baloney.   We are on a speeding, out of control train to national bankruptcy with no conductor in the engine room. 

Saturday, December 22, 2012

America - What Happened To Our Country

Our Founding Fathers fought the Revolutionary War to establish a free nation, unlike any other in world history, predicated on limited, Constitutional government.   Thomas Jefferson, who wrote the Declaration of Independence and James Madison, who wrote the Constitution feared an over reaching government, which is the reason they created checks and balances in the form of a Legislative, Executive and Judicial branch.   With the exception of the Civil War, which was a national catastrophe, it all worked pretty well until the last 100 years of Socialist Creep.   Since then, Socialist politicians and judges, over the years, have attacked our freedoms, at every turn, to the detriment of our nation and our people.   Today, government intrudes into all aspects of daily life in ways never imagined by our Founding Fathers.   George Orwell's Big Brother is alive and well. 

When this Blogger's grandparents came to America in 1909 from Italy, with no education and no ability to speak English, there was no income tax, no Welfare, no Food Stamps, no Social Security, no Medicare, no Medicaid and no Disability insurance.   It was work, or starve.   And, that is exactly what millions of  immigrants did to build our nation and their personal success. 

The federal income tax was enacted in 1913, which gave government the right to confiscate personal wealth and it has gotten more confiscatory every year since then.   Out of the Great Depression came Welfare and Social Security.   The rest of the the Welfare Nanny State came with Lyndon Johnson's Great Society in 1965.    Ironically, Entitlements that were put in place to help people have actually hurt them.  Welfare has destroyed the Black family, in particular, as 7 out of 10 Black babies are born to unwed mothers living in poverty.   47 million Americans are now on Food Stamps.   Millions more are on Welfare, Medicaid and Disability Benefits.    Socialists have created a culture of dependency as their ticket to power.  It is disgusting. 

Social Security, Medicare and Medicaid are bankrupting our country as we keep adding to our $16 Trillion National Debt with no end in sight.   The notions of both success and self reliance are now derided as somehow evil.   The "rich", necessary to job creation and economic prosperity in our country, are portrayed as greedy and self serving when in fact these same people support charities, the arts and many other worthy causes and pay nearly all the income and other taxes in our country.   Yet, according to Socialists, it is never enough.   If only they can take "just a little bit more", at the expense of our freedom,  life for all would be wonderful.  It is all BS. 

What has happened to our country in the last 100 years?   Yes, there has been progress in spite of government, not because of it; but we are now a rich country facing certain bankruptcy and insolvency.  Socialists have pushed for a more secular society in the last 100 years, rather than the moral values that come from faith and family that built our nation.   We do need to help the physically and mentally impaired; but those that can work, should work, at whatever job they can get, rather than be on government entitlements and the dole. 

Being on Welfare used to be considered shameful because it was an admonition that someone could not care for themselves.   Not any more.  Today, states run ads encouraging people to go on Welfare and Food Stamps.   Clearly, we have lost our way.   We are on a road to moral and national decay and destruction.   Socialism erodes the human spirit.  It is happening in America all around us. 

Friday, December 21, 2012

Republicans Just Said NO To Tax Increases

The Republican Party is the party of limited government, lower taxes and less regulations.   If the Republican Party strays from these tenets, it will be the end of the Republican Party because we don't need a Socialist Party Light.  It is for that reason that the votes were not there for Republican Speaker of House John Boehner's Plan B that would have raised taxes on married couples and small businesses, earning in excess of $1,000,000 a year.  

The reality is that Republicans know that we have a spending problem, not a revenue problem.  Obama is borrowing and spending $6 Billion a day to fund his Socialist Schemes, adding to our $16 Trillion National Debt, with no end in sight.   Raising taxes on anyone will not solve this problem, particularly since Socialists will not cut spending that impacts their PEEP's, those on the dole, the 50% of Americans that pay no income taxes at all, public employee union members, radical feminists and environmentalists, illegal aliens and crony Capitalists.   In fact, Obama wants to spend even more. 

And, unless Entitlements, Social Security, Medicare and Medicaid are reformed to save these programs, it is impossible to prevent the economic collapse of the United States.   Socialists will not make the necessary changes to these programs to prevent the bankruptcy of the United States and the resultant loss of our national sovereignty.  Conservative Republicans in Congress know all of this so they JUST SAID NO to any tax increases that will do nothing to deal with any of this.  

Good for them.   Standing by Republican principles is the only way to get our country back on track to restore economic growth and job creation again in America.   And, it is important to recognize that there is a divide in this country.  Obama and the Socialists do not have a mandate to raise taxes, since 48% of Americans voted for Romney, the House of Representatives is controlled by Republicans, there are 30 Republican Governors, the majority, and many state legislatures are controlled by Republicans.   Certainly, it is clear that many Americans do not support Obama's Socialist Schemes.  

We are likely going over the Fiscal Cliff.   There is likely to be no agreement before December 31, 2012 between Republicans and the Socialists in Congress.   When it happens, at least for a few months, taxes will go up on everyone, until the adults in Washington DC get real.   It's OK, it is not the Mayan end of the world.  Life will go on and just maybe the Socialists in Washington will recognize that a 35% top federal income tax rate, under the Bush Tax Cuts, is more than enough; particularly when coupled with the 21 new taxes in ObamaCare and all the state and local taxes that hit the "rich" in America.   Enough is enough. 

Wednesday, December 19, 2012

Boehner's Plan B - Take It Or Leave It

Republican Speaker of the House of Representatives, John Boehner, has wisely ended negotiations with Socialist President Obama, the Man/Child, that were going no where related to dealing with the Fiscal Cliff.   The House of Representatives will shortly enact Boehner's Plan B to maintain the Bush Tax Cuts in place for everyone earning less than $1 million a year.   This is the same plan recommended by Former Speaker of the House Socialist Congresswoman Nancy Pelosi of San Francisco and Socialist Senator Chuckie Schumer of New York.  This means that those married couples and small businesses, with income in excess of $1,000,000 will see their taxes above $1 million go up to 39.6%, the old Clinton tax rate, effective January 1, 2013.    Personal income tax rates for everyone else will remain the same.  

So, Obama got exactly what he has been asking for, which is an increase in income tax rates for "millionaires and billionaires"; though personal income tax hikes in ObamaCare will also negatively impact  married couples and businesses earning $250,000 or more.   None of this will amount to a hill of beans because Obama is borrowing $6 billion every day to fund his Socialist Schemes.   Obama has created a spending trajectory that requires more than a Trillion dollars in borrowing, added to the National Debt every year,  more than any other President in American history, with no end in sight. 

The fact is that we don't have a revenue problem, especially with the additional Trillion dollars in tax revenues that will come in with these tax increases in the next ten years, we have a MAJOR spending problem.   Obama and his Socialist pals in Congress, that have not passed a budget in 4 years, refuse to cut spending.   Finally, Republicans in the Congress, the only adults in town, look like they will pass a responsible bill in the House to overt the Fiscal Cliff.   This needs to be a Take Or Leave It Deal.  Once the Republican majority in the House of Representatives does its job, they should send the bill over to Socialist Senator Dirty Harry Reid, the majority leader in the US Senate and the President and just go home for Christmas.   The ball will be in their court.   They will either go along to get along, or they will raise taxes on all Americans; which includes all of their PEEP's. 

Enough already.   Dealing with Obama is like dealing with a spoiled child; hence the reason I call Obama a Man/Child.   It is time to get real and deal with Entitlement reform to save Social Security, Medicare and Medicaid for future generations.   We also have to cut other redundant government programs, commissions, agencies and departments by eliminating 500,000 federal government civilian employees, out of the current 2.65 million, to get federal government spending down from Obama's 25% of GDP to the more traditional 18%.   This is the only way to deal with deficit spending and to ultimately pay off the National Debt to restore economic growth and job creation again in the American private sector.   It will not happen any other way. 

Socialists will never do any of this, which is the reason Republicans must act on their own and keep sending legislation over to the Senate and the President to apply pressure to get the job done.  Obama is purposefully attempting to bankrupt our country, causing economic collapse to grab more power for the federal government over all aspects of daily life.   Republicans should play no part in making that happen and should instead stand in the way of Obama's Socialist Schemes at ever opportunity.   Republicans should tell the President to go pound sand. 

Tuesday, December 18, 2012

Washington DC Is Broken - Just More Debt

Both the Socialist Party and the Republican Party in government in Washington DC are apparently incapable of dealing with our nation's fiscal mess.   The United States is headed toward bankruptcy and a loss of our national sovereignty, since Obama is now borrowing $6 Billion a day, 46 cents out of every dollar we spend, $239 million every hour to fund his Socialist Schemes.   Keep in mind, the highest annual deficit every run by  Bush II, in any given year, was about $400 Billion.   Bush added $4 Trillion to the National Debt in 8 years.   Obama has added nearly $6 Trillion to the National Debt in just 4 years.  Obama has borrowed in excess of one trillion dollars each year he has been in office, adding to our $16 Trillion National Debt, with no end in sight.   The interest on our debt, with very low interest rates, is now nearly a trillion dollars a year.   Obama is out to destroy our nation.    That is clear. 

There is no serious plan on the table either by the Republicans, that control the House of Representatives, or the Socialists that control the Presidency and the US Senate to deal with deficit spending and our National Debt.   All of them are just tinkering around the edges.  Raising taxes, as demanded by Obama, will not solve the problem.   These characters are talking about new taxes to bring in about a trillion dollars over ten years and perhaps an equivalent amount in spending cuts.  

If this trajectory continues, assuming the markets will allow it, which will not happen, our National Debt will grow to $40 Trillion in the next ten years.   As of today, every household in America is on the hook for $140,000.   The level of debt that will occur if things go on business as usual will be astronomical and is simply unsustainable. 

People are out buying more guns, not just because they are concerned about government banning guns, Americans are scared to death of the economic collapse of the United States and civil strife that is coming.    Washington DC is completely broken.   Common sense just does not prevail.   We not only must reform Social Security, Medicare and Medicaid,  ObamaCare as new entitlement, will bankrupt our country.    

We need to cut spending by eliminating 500,000 federal civilian employees, out of the current 2.65 million, through normal attrition.   We must eliminate redundant departments, commissions and agencies, at all level of government, to get spending under control.   No politician, of either political party is calling for all of this to happen and unless it does happen, we cannot get government spending under control.    The future looks bleak because our elected representatives are destroying our country.   

Monday, December 17, 2012

25 States Say HELL NO To ObamaCare

25 states, run by Republicans, have said HELL NO to ObamaCare, which will force the federal government to set up the Insurance Exchanges required by ObamaCare.   Republican governors wisely determined that it makes no sense for states to take on this expense, since the federal government is calling the shots anyway.   Obama put this monstrosity in place, so now Obama and his Socialist pals in Congress can deal with it.  Of course, Socialists would like nothing better than more federal control over daily life; but the real issue is cost.   Why should these states take on this cost, which will either require higher state taxes,  or a reduction in other state expenditures to fund ObamaCare.  

At the same time, various Socialist Senators, that apparently did not read the ObamaCare law when they voted for it, are now asking that the tax in ObamaCare on medical devices be eliminated because it is a job killer that will impact companies and employees in their states.   Well dah!!   And, then there is the Doc Fix.   Obama cut $716 Billion out of Medicare to fund ObamaCare, which will result in much lower payments to doctors and hospitals so much so that many doctors will not take Medicare patients.   This will result in rationing of medical care for Senior Citizens.   Again, well dah!!   Even before ObamaCare, Congress had to implement the Doc Fix to restore reasonable payment for services to prevent this all from happening.   So here we are again, thank you Mr. President. 

Unless the world comes to an end on December 21, 2012, according to the Mayan calendar, we are all going to be dealing with ObamaCare for years to come.   Maybe the Mayans knew about ObamaCare.  It will be the good, the bad and ugly and mostly the latter two that we will face with ObamaCare.   It is already estimated that as many of 20 million Americans, that have company sponsored health care now will lose that benefit because it will be much cheaper for many companies to just pay the fine and walk away.   Again, thank you Mr. President. 

Sunday, December 16, 2012

Boehner - Raise Taxes on Millionaires

Socialist President Obama is always talking about raising taxes on millionaires and billionaires and then he demands a tax increase on married couples and small businesses earning $250,000 a year.   The last time this Blogger took fifth grade math, $250,000 was not $1,000,000.   So now, Speaker of the House John Boehner is holding Obama to his political rhetoric.   Boehner has offered a compromise deal allowing taxes to go up on Americans earning a million dollars or more, provided Obama is willing to implement meaningful spending cuts, which also means reforming Social Security, Medicare and Medicaid to both save these programs and prevent their insolvency. 

Will common sense prevail, or will Obama be true to his Socialist ideology, which will make it impossible for him to agree to a common sense deal to prevent going over the Fiscal Cliff.   This would mean that Obama will have to cut spending on the goodies going to his PEEP's, those on the dole, public employee union members, the 50% of Americans that pay no income taxes at all, illegal aliens,  radical feminists and environmentalists, trial lawyers and crony Capitalists.  

Clearly, the unions will go ballistic if Obama agrees to reform of entitlements, particularly any deal that provides for raising the retirement, or Medicare age, even though people are now living to be 90 more.   The unions won't care much about means testing for these entitlements, since it will not impact their members.   So clearly that one will be a FreeBe for Obama. 

Look, ultimately, everyone knows that we need real tax reform to lower personal income tax rates rates and eliminate, or phase out deductions and exemptions that artificially impact economic decisions.   This probably includes the mortgage interest deductions for high income earners, but only if rates are lowered.   We must lower corporate income tax rates to be competitive with other countries to keep more jobs in the US.   We can live with raising the Capital Gains and Dividends tax from 15% to 20%, without destroying our economy.   The $5 million Estate Tax exemption should be made permanent to allow for family businesses and farms to pass to family members tax free.   All of this is just plain common sense.   The only question is will Obama figure it out and do what is right for the American people, or not.   Let us hope so; but this Blogger would not bet on it. 

Saturday, December 15, 2012

Gun Violence In America

With the tragic murder of innocent children and adults, at a school in Connecticut that breaks our hearts, we will once again hear Socialists calls for more gun control in America because they refuse to address the real causes for gun violence in our country.   Certainly, as a society we must do everything we can to keep guns out of the hands of criminals and lunatics; but that is no reason to further restrict gun ownership by the more than 100 million law abiding citizens in America.    

Parents, schools, government agencies and employers must do a better job dealing with mentally unstable people, first to identify them, and second, to get them help, or put them in institutions so that they can't harm other people.   And, it is clear that schools and perhaps other places where people congregate must be made more secure, including using armed guards.  This Blogger CEO had security systems installed in all of our offices, after we had the divorced, bi polar wife of an employee come to one of our offices with a knife in hand threatening our employees.   That was a wake up call for me.  Maybe we need to do even more.

But the reality is that far more people die each year in America from car accidents than from gun violence.   So, should we ban cars?   And, millions of law abiding citizens own guns with no negative impact.   So why would we further limit, or abolish the Second Amendment to the Constitution guaranteeing the right to own guns because of the random acts of criminals, or deranged individuals, knowing that a determined lunatic can use various methods to commit mass murder, if that is the intention.   Bombs can be built from items available at any hardware store.  Biological terrorism is also very feasible. 

No, instead, we must recognize the facts.   Most criminals and these deranged killers come from dysfunctional families.    Sadly, many families have issues with drug and alcohol abuse, divorce,  child custody, sexual abuse and in some cases financial issues.   When one of these tragic events happens, there is almost always a story.   And, there is violence in the media around us non stop between pornography that demeans women, violent video games and movies that kids see from a very young age making them numb to heinous acts of violence and murder.   At the same time, abortion, which is really an act of infanticide, is portrayed as a women's right to choose, instead of the legally violent act and disregard for life that it is.   All of this creates a tolerance for violence that is leading to these heinous crimes.   And then, we are surprised and shocked when it happens. 

This story should be about encouraging and supporting faith and family that is often derided in our increasingly secular society.   This is  part of the culture war that has been going on for years.  Having babies out of wedlock is not a good thing and it should be criticized as wrong, not recognized as cool by Hollywood, the media and others.   It is hard enough to raise children in a healthy, loving, two parent family, let alone when single mom's, often living in poverty, try to do it.   We may never have the idyllic families that were portrayed on TV years ago, but we sure should try to do everything we can to get back to those values.   And, we have to recognize that there is EVIL in our society that this Blogger believes is the devil's work. 

Finally, we have far more to fear from government than we do from criminals and deranged individuals.   History teaches us that Socialists, Communists and Fascists, in one form or another, in government, going back thousands of years, have murdered millions of people in the name of ideology, territorial conflicts, tribal differences, or even religion.   The Second Amendment of the US Constitution is there, not so much to guarantee hunting rights; but to guarantee our freedom in the event our government ever attempts to use murder and coercion to end it.   Don't say it can't happen because it has happened many times throughout history, particularly when countries face economic collapse and turmoil. 

Our Founding Fathers learned the lessons of history well and addressed the potential evil they saw in government, by including the Second Amendment, so that citizens could defend themselves from an abusive government.   This is the reason Socialists always call for more gun control.   They fear violent popular rebellion against their Socialist Schemes, which could very well happen, some day,  as government continues to intrude into all aspects of daily life. 

It is no coincidence that one of the first things Hitler and the Communists in the old Soviet Union did when gaining control of the government was to ban gun ownership.   We can only wonder if 6 million Jews would have been murdered if they had owned guns and could defend themselves.   There are countless stories in both modern history and going back much further that demonstrates that government is fully capable of murdering its own citizens.   It is happening today in Syria and various countries around the world.   So we have good reason to distrust government. 

Gun violence in America is not about gun ownership.   To end this violence, we have to be honest about societal issues that cause this violence.   The remedy is not more gun control.   There are already enough laws on the books to control and regulate gun ownership.   Instead, we have to deal with family issues, identifying mentally ill people that could do harm and the evil that exists in our country if we are ever going to end these sad days.  

Friday, December 14, 2012

Harry Belafonte Singing A Crazy Song

Black singer and left wing radical, old timer Harry Belafonte has been singing a crazy; but predictable song.   Belafonte is now saying that Socialist President Obama should take dictatorial powers, if needed, to ram through his Socialist Schemes because it is the will of the people.  That is no surprise since Obama is doing just that; but Belafonte went on to say that the 48% of us that oppose Obama should be put in jail if we oppose Obama's actions.  Gosh, Belafonte is a Socialist showing his true colors, so again no surprise. 

Throughout history, Socialists, Communists and Fascists have jailed their opponents and even murdered them in many cases to impose their Socialist, big government schemes on the people.   So of course, when Conservatives hear such stupid talk, guns sales go up dramatically.   To be certain, there are many people in the United States that do not trust Dictator Obama, or the federal government because we see the intrusion into all aspects of daily life.   Hearing anyone talking about jailing opponents for voicing opinions, or attempting to obstruct Socialist Schemes just feeds this distrust even more and further divides our nation.  

Harry Belafonte is a washed up entertainer of no particular consequence; but his comments hit home for many people because we are seeing Obamanistas over reach and a cocky President that actually won by just 50% of the vote, which is 3% less than Obama achieved in 2008; yet Obama is acting like he has an even bigger mandate.   The facts on the ground say otherwise.   The House of Representatives is still controlled by Republicans, as are 30 state Governorships, the majority and many state legislatures.   Obama may have won the Presidency; but much of the country is controlled by Republicans.  

So, Mr. Belafonte before you start talking about putting anyone in jail, the door can swing both ways.   Maybe we should put the Takers in society that can work; but won't, in jail.   How about the crony Capitalists that have been feeding at the trough under Obama.  Why not put them in jail too.   And, then there are the 12 million Illegal Aliens in our country, why aren't they in jail.   Conservatives are not suggesting any of these things.   It is only Socialists, Communists and Fascists that say such things.   The lessons of history teach us that we must be vigilant to protect our freedom.  Hearing Harry Belafonte spouts his crazy ideas just reminds us all that the fight continues. 

Thursday, December 13, 2012

Small Businesses Hunkering Down

It is no surprise that many small business owners are not supporters of Socialist President Obama and why should they be?   Obama is the Food Stamp President not the pro growth business President.  When Obama said during the campaign to business owners, "You Did Not Build That", saying instead that small business owner success was the result of government, business owners that did build their businesses, went ballistic.   In addition, small business owners dislike of Obama relates to his continued demonization of the "rich", whom he defines as married couples earning $250,000 a year, which also includes about a million small business owners that file personal, rather than corporate tax returns. 

Small Business Owners are scared to death of Obama and his Socialist pals in Congress that seek to raise their taxes and bury them with regulations.   It is it any wonder that in the Well Fargo - Gallop Small Business Index, Small Business Owners indicated in November that they are hunkering down and will not make new investments in 2013 as a result of what is likely to come out of ObamaCare and the Fiscal Cliff negotiations.   Small Business owners see the Obama train coming and it is about to run them over. 

Socialist President Obama just does not get any of this.  70% of Americans work for Small Businesses.   If these business owners stop making investments and stop hiring, we will see unemployment go up, slow, or no growth in 2013 and a lower standard of living for the America people.  Obama declared war on business from the first day he was elected in 2008.   As such, business owners are sitting on two trillion dollars in cash that will not be invested as long as Obama and all the job killers in his administration at the EPA and National Labor Relations Board continue implementing their tax and deficit spend Socialist Schemes.  

Business will not invest money in this climate, which is the reason, we have not seen economic growth, or meaningful job creation since Obama was elected.   There are still 23 million Americans either unemployed, under employed working part time that want full time work, or that have just given up looking for work altogether.   GDP growth is dismal.   Obama can't make war on business and then expect business to respond favorable to him.   It is what it is. 

Wednesday, December 12, 2012

Union Thugs In The Private Sector

As we watch the violent protests by Union Thugs in Michigan, just because Republicans in the state have voted to make Michigan the 24th Right To Work State, giving the citizens of Michigan the right to join, or not join a union.   As union membership keeps falling, we see why Unions don't make much sense anymore.   Many of the issues unions fought for years ago related to work rules, safety and discrimination issues are now the law of the land.   Most big companies provide their employees decent pay, paid time off, medical insurance and 401K pension plans and that has happened in non union shops, without unions. 

So why would anyone continue paying union dues just to pay FAT CAT, cigar smoking, union bosses their big salaries.    Of course, now that Michigan is a Right To Work state, those very same union bosses know that many union members, previously forced to pay union dues, as a condition of employment, will opt out.   It has been happening for years as union membership has fallen from 36% of workers in the private sector to just 7% today.   This is the reason the unions are focused on Wal Mart, the nation's biggest private sector employer.   They have no place else to go, since they have driven manufacturing jobs out of the United States. 

It is only public sector unions that are growing and in the process bankrupting our country as a result of their outrageous compensation, benefits and pension plans that are 40% higher than what is common in the private sector for like work.   That balloon will eventually burst too as American taxpayers get fed up and will stand up and say HELL NO to public employee unions feeding at the trough at taxpayer expense.   That day is coming. 

Unions in the private sector are job killers.   Industry after industry has been forced out of the United States by unreasonable union demands.  The unions just put Hostess Brands out of business, causing the loss of 18,000 jobs.  Not to worry, a foreign company will buy those brands that have value and we will see Twinkies on store shelves once again, except made by Mexicans, or the Chinese.  Stupid, Stupid, Stupid.   The reality is that all of us now compete in a global market place.   It makes no sense to pay big money for unskilled labor, since work can be done anywhere in the world.   It is what is it. 

Government Oppression & Tryanny

The Makers in the United States are often paying more than 50% of their income in federal, state and local taxes, fees, licenses and various penalties imposed by government.   Yet, Socialists like Obama claim it is not enough.  Aside from the unreasonable tax burden that this represents,  Big Brother is in control of all aspects of daily life, which is a real threat to our FREEDOM.   Certainly, our Founding Fathers fought a Revolutionary War to remove the boot of the King from our necks; only to be replaced by another bigger boot that is far, far worse than anything ever experienced by those living in the 13 colonies, more than 200 years ago.  

This is the result of 100 years of Socialist Creep.   Obama is just the culmination of this process as we head toward becoming a Communist nation where government controls all means of production and private property.   Talk to anyone who has come from Eastern Europe, the old Soviet Union, or other countries that have lived under Communist government oppression and tyranny and they look at our country in disbelief as they see the same thing happening here.

The United States has never been more divided, which is exacerbated daily by Socialist President Obama when he tells his PEEP's, the Takers in our country, that they are poor because the rich are rich.   And, Obama defines the "rich" as any family, or small business making $250,000 or more, not billionaires or millionaires, dividing our nation even further.  Of course, this is absurd.   The poor suffer their status because they are under educated and have little or no job skills.  And, because for better or worse, all of us must now compete in a global market place.   If you personally have nothing to sell, you personally will not be successful.   It is just that simple. 

The United States under Obama is headed toward economic collapse and a resultant loss of our national sovereignty.   It is impossible to continue borrowing money to pay for trillion dollar plus annual deficits to take care of Obama's PEEP's.   Yet, that is exactly what President Obama and his Socialist pals in Congress continue to do with no end in sight.  

This former history student and teacher learned the lessons of history well.   Government oppression and tyranny and adding to our $16 Trillion National Debt, that will cause insolvency, will eventually lead to civil strife on our streets, one way or another.   This wonderful experience in freedom and democracy is likely to come to an end in the next 20 years if we don't reverse course.   We fought a Revolution to gain our freedom and a Civil War that was the result of a divided nation.  Abraham Lincoln once said, a nation divided against itself cannot stand.   The United States as we know it will not stand if we don't roll back the 100 years of Socialist Creep that is destroying our nation.   This Blogger fears, it is what it is.  

Tuesday, December 11, 2012

Republicans Snookered - Don't Be Surprised

Don't be surprised if Republicans get snookered by the Socialists in their negotiations to deal with the Fiscal Cliff.    This kind of thing has been happening for more than 100 years and has resulted in the Socialist Creep that is bankrupting our country.    Socialists will promise to cut federal spending, some time in the future, in exchange for raising taxes on the "rich", families and small businesses earning more than $250,000 NOW.   We will see the tax increases NOW and the cuts to federal spending and entitlement reform WILL NEVER HAPPEN.  If  Republicans in Congress fall for this BS again,  it will be the end of the Republican Party. 

The reason these cuts in spending will never happen is that these cuts would impact the Takers in our country, Obama's PEEP's, those on the dole, public employee union members, the 50% of Americans paying no income taxes at all, radical feminists and environmentalists, illegal aliens, trial lawyers and crony Capitalists.   All of these Obama voters are feeding at the trough.   Further, badly needed entitlement reform related to Social Security, Medicare, Medicaid and Disability Benefits are opposed by all unions and since unions own the Socialists, including Obama, lock, stock and barrel, they will never agree to changes in these programs.  

Instead, the Socialists will allow these programs to approach bankruptcy and then just say if the "rich" paid a little bit more, there would be no need for any cuts in these benefits.  Of course, it is BS.  There are Socialists today that will not even acknowledge that these programs are headed toward insolvency, even though cards talk and numbers don't lie.   If Social Security is not reformed and soon current beneficiaries will see their checks cut by 25%.   Medicare will require sky high deductibles, or much higher premiums charged current recipients within 10 years.   These are facts that you will never hear from Socialists.  

Remember Socialists will lie, cheat or steal to remain in office, feeding at the trough.   The cuts needed to stop the Trillion dollar annual deficits that Obama is adding to our National Debt must certainly impact his PEEP's, since they are the reason for this out of control spending.   The Socialists can't cut spending and remain in power, so it will NEVER HAPPEN as long as they are in control.  This insures the bankruptcy of the United States and a loss of our National Sovereignty, which are the reasons we must sweep these Socialists, at all levels of government, out of office to prevent economic collapse and fiscal strife on our streets.   

Sunday, December 9, 2012

Michigan Going Right To Work

It is very likely that Michigan, controlled by Republicans in their state legislature and Governor's office, will enact Right to Work laws making Michigan the 24th state in the union giving workers the right to say No to union dues and membership, even if it is a union job.   Of course, the unions are going ballistic, since forced membership and dues collection is their ticket to power and political influence.   This should be no surprise because Socialists are always the enemies of freedom. 

However, enacting Right to Work laws in Michigan will good for job creation, since most companies will not locate new manufacturing plants in states that require union membership.   It is no accident that the new auto industry has moved out of Michigan to Right To Work states.   The foreign companies; Honda, Toyota, Hyundai, BMW and Mercedes Benz, all of which now have manufacturing in the US, are all in the South in Right to Work states.   They went there to avoid the United Auto Workers Union and forced unionization. 

It just might be that once Michigan enacts Right to Work laws that some of these companies will build new plants in Michigan.   Now wouldn't that be great.   Even so, we will see the unions protesting in the street in Michigan; just like occurred in Wisconsin.   The reality is that unions in the private sector have fallen from 36% of manufacturing jobs to just 7%.   This has occurred because the unions have been job killers for years, pushing many manufacturing jobs overseas because of unreasonable demands for basically unskilled labor.   What unions often do not understand is that work can be done anywhere; hence the reason many of these jobs are now in China and other countries.  

But all that aside, this is a freedom issue.   No one in this country should be forced to join a union, or pay dues to a union against his or her will.  Right to Work laws are just about basic rights.   Socialists talk about rights; but not when it comes to their self interests.   So what's new.  

Saturday, December 8, 2012

Dictator Obama Wants To Control Debt Ceiling

Lost in all the hoopla about the Fiscal Cliff is Socialist President Obama's demand that he and he alone should be able to raise the National Debt Ceiling, without Congressional approval, which would be in violation of our Constitution.   Shortly, we will once again hit our National Debt Ceiling pegged at $16.4 Trillion.   In order for Obama to borrow and spend even more money, Congress will have to raise the National Debt Ceiling, most likely some time in January, 2013.

Can you even imagine if Obama could do this based on his sole authority.   This would be like giving a heroin addict unlimited supplies of heroin for free.  Eventually, the heroin addict would over dose and die.   So too, if Obama is given this authority, he will borrow and spend the United States into economic collapse and our country will die.   It is already happening, even with Congressional approval, as Obama continues to borrow and spend more than a Trillion dollars each year, more than the federal government takes in.   This level of deficit spending is criminal and should be the basis of impeachment. 

If Obama could just raise the National Debt Ceiling at will, we would see billions more going to crony supporter solar and wind companies, many of which have already filed for bankruptcy after getting Obama's first round of SwindleUS money.   The number of Public employees would grow dramatically and they would recieve very high compensation, benefits and pensions, far in excess of what is common in the private sector.  Billions more would go to fund High Speed Rail projects all over the country that will never pay for themselves, when Amtrac is bankrupt.  

We would see millions more on Welfare, Disability, Medicaid, Food Stamps and all sort of government programs, to make them Socialist voters, when all of these programs already have grown in record numbers since Obama was first elected.    Given a credit card with no limits, Obama will bankrupt our country, which would cost us our national sovereignty.   Obama would then turn our country over to the United Nations to properly "govern' what would be our Socialist country.

Members of Congress should never give Obama's this power; but don't be surprised if Obama does not attempt to use an Executive Order to take it.   If he does so, it will cause a Constitutional Crisis and end up in the Supreme Court.   If that happens, we will have months, or years more of uncertainty which will lead to even slower growth, higher unemployment and a lower standard of living for all Americans.  

Drama Obama loves crisis, which Obamanistas use to amass more federal control over our daily life.   Socialist President Obama is a clear and present danger to our nation as bad as any foreign enemy we have ever faced.   A potential power grab by Obama to take control of the National Debt Ceiling would be a catastrophe.   We can't let it happen.  If Obama tries to do it, we must once again take to the streets in protest. 

Friday, December 7, 2012

California Teachers - Stupid Is As Stupid Does

The California Federation of Teachers has produced a video, narrated by Socialist actor Ed Asner of Mary Tyler Moore fame, showing the "rich" urinating on poor people.   It is about the most disgusting Class Warfare propaganda ever seen on TV; but it is happening because Socialist President Obama continues to play this game dividing our country.   In addition, it demonstrates how politically stupid teachers are in bankrupt California, at the same time that California, among many other states, has high drop out rates and kids that do poorly on academic achievement tests. 

But here is the reality.   It is the "rich", many of whom are fleeing California, that are paying teachers compensation, benefits and high pensions.   And, it is the "rich" from Wall Street that have invested Venture Capital money in high tech firms in California that provide significant state tax revenues when they succeed.   Remember, companies like Apple, Google and many other high tech firms are headquartered in California.   And, though many of these companies manufacturer goods overseas to avoid both US and California taxes, they still pay sizable amounts of money in taxes to support public employees in California, since California has the highest tax rates in the country.

The first rule of life is don't bite the hand that is feeding you.   When the California Federation of Teachers plays the Class Warfare game, they are criticizing the very people paying their salaries and pensions.   Pretty stupid if you ask me.   All it does is cause more companies, sometimes; but not always, run by "rich" people to leave California and say to California teachers,  feeding at the trough,  NO MORE APPLES FOR THE TEACHER.    

When the Makers leave California, as is happening and the state only has Takers left in the state, then what?    This is the reason California is bankrupt.   There are now more Takers than Makers left in California.   Pushing the "rich" away by raising taxes and demonizing them is a road to fiscal disaster.   What will it take for Socialists to realize that if you kill the goose that laid the golden egg, there will be no more eggs.   The geese have had it.  They are flying away more and more every year.   These teachers are really stupid.  No wonder many California kids do so poorly in public schools.  As Forest Gump once said, Stupid is as Stupid does. 

Thursday, December 6, 2012

The Republican Party Is At Risk

In dealing with the Fiscal Cliff, if the Republican Party is not true to its principles, it will be the end of the Republican Party.   While Obama may have garnered 50% of the vote to win reelection,  the House of Representatives is controlled by Republicans, supposedly committed to low taxes and common sense regulations.   If Speaker of the House John Boehner agrees to higher tax rates, rather than a common sense, pro growth plan that deals with tax and entitlement reform in a way that is consistent with Republican principles, not only will Boehner lose his Speakership, one way or another,  the Republican Party will go the way of the Whigs. 

48% of Americans voted against Obama's Socialist Schemes.   We don't just dislike Obama,  we vehemently disagree with Obama's vision for America to "transform" out nation into a Socialist, or Communist country.   We see Obama as a clear and present danger to our country as bad as any foreign enemy we have ever faced.  If John Boehner betrays us and the Tea Party members of Congress, as he appears to be doing by removing Conservatives from key committees, it will divide the Republican Party in a way that is irretrievable.   This Blogger has said many times that the Republican Party is on life support. 

We don't need another Socialist Party in Congress.    What might emerge is the American Constitution Party, if the Republican Party does not remain true to Conservative economic ideology.   Boehner has proposed a plan that so far is consistent with Republican ideology to lower tax rates by eliminating loop holes and deductions.   This Blogger believes that the House of Representative should cease negotiations with the Socialists and just enact a common sense, pro growth plan, send it over to Dirty Harry in the US Senate and the President and then go home for Christmas.  

If the Socialists choose to take our country over the Fiscal Cliff, so be it.   It is irresponsible; but it would be preferable to raising taxes that will cost more than 700,000 jobs and further retard economic growth and job creation in our country.   Republicans must stand up and be counted.   We are the pro growth Conservative Party.  If that is not the case, the Republican Party will be no more. 

Wednesday, December 5, 2012

American Business Gloomy About 2013

Socialist President Obama continues to wage war on success, American business and Free Market Capitalism with all his Socialist Schemes to raise taxes and add thousands of new regulations, many of which are job killers.   This combined with looming ObamaCare has cause American Business to sit on its hands related to new investment.  In fact, it is estimated that American companies are sitting on more than $2 Trillion in cash that is on the sidelines as a result of Obama's reelection.  

Drama Obama continues to create "uncertainty" and almost daily turmoil, as we seemingly go from one crisis to another.   And, continued attacks by Obamanistas like the California Teacher's Union running videos, narrated by Socialist actor Ed Asner,  showing "rich" Wall Street types urinating on poor people is not helping create a positive business environment.    We need stability and certainty to restore economic growth and job creation again in AmericaThe Class Warfare that won Obama the election has to end. 

This Blogger fears that we will have just the opposite for the next four years as Obama remains in campaign mode and is simply incapable of governing.   We need a President that can unite our country around common causes, not one that divides our country at every turn.   Sadly, that President is not Drama Obama.  

The UCLA Anderson School of Business is forecasting unemployment in 2013 of 8% or higher and a very slow GDP growth rate under 2%.   This is the case because we have no pro-growth policies coming out of Washington, or the President.  In fact, just the opposite.  Obamanistas continue to advance job killing taxes and new regulations.   Sadly, many more people will be laid off in 2013.  Obama can't blame Bush II any more; though he will try to continue the blame game.   Obama has the big house and the jet.   Drama Obama now also owns the dismal economy, as well. 

Tuesday, December 4, 2012

King Obama - Dictator and Chief

Socialist President Obama won 50% of the vote in the last Presidential election, 3% less than he won on 2008; yet the President has determined that he was elected to be King Obama, the Dictator and Chief.   What is particularly scary is that Obamanistas are planning to impose 6,000 new regulations on the American economy by Executive Order, to get around Congress, no doubt many of which will be job killers.   In addition,  Obama is demanding that he and he alone have the authority to raise the National Debt Ceiling, currently at $16.4 Trillion, without Congressional Approval, even though the Constitution says otherwise.   Don't be surprised if Obama does not attempt this power grab by Executive Order. 

The reason Obama is making this demand is that shortly we will reach the $16.4 Trillion Debt Ceiling Limit and Obama wants to continue borrowing and deficit spending, adding Trillions more to our National Debt.    It is becoming clearer by the day that Obama and his Socialist pals in Congress are intentionally determined to cause the bankruptcy of the United States.   What other conceivable reason can there be for all this reckless spending that will lead to economic collapse and a loss of our national sovereignty.  

This Blogger has been saying for years that Obama is a clear and present danger to our nation as bad as any foreign enemy we have ever faced.   Obama wants to transform our county into a Socialist, or Communist nation, where government controls all aspects of life.  Obama is willing to use dictatorial powers to get the job done.   All Americans should be scared to death related to the next four years.    We will need to implement protests in Washington DC to make it very clear that we are mad as hell and will not tolerate Obama's power grab. 

Monday, December 3, 2012

French President Hollande - As Dumb As It Gets

Socialist President Francois Hollande of France is about as dumb as it gets.   Hollande, who has raised the income tax rate in France to 75%, which is causing an exodus of the "rich", while at the same time he lowered the retirement age in bankrupt France to 60, is now saying that homework for elementary and secondary school children should be eliminated because it advantages the rich.   Hollande claims that rich people have time to spend with their children doing homework, while poor people have no such time.  

This Blogger would think poor people, on the dole in France, have all the time in the world, since they often don't work, while rich people are busy working long hours to get, or stay rich.   We have heard Socialists around the world rationalize just about everything blaming the rich for all the evil in the world; but this latest pronouncement from Hollande takes the cake at at time when French kids have even fallen behind kids in the US in reading and science.   And, that is really bad because US kids perform dismally in reading and science, far below other industrialized nations.  If anything all kids in France and in the US need to do more homework, not less, to compete with kids in Japan, India or China that study non-stop. 

Perhaps, Messier Francois Hollande has been drinking too much French wine, which is quite good because this guy is just plain off the wall; but in many ways no worse than Drama Obama.   Even so, I don't think Socialist President Obama would make such a dumb statement concerning eliminating homework for poor kids in the US.  It is just too stupid.   

While Paris burns, Hollande fiddles.  France has an immense debt crisis almost as bad as Italy, Greece and Spain.  France, like the United States, under Socialist President Obama has seen its credit rating down graded as a result of its deficit spending and National Debt.  France has had structural unemployment for years as a result of crazy employment laws and unsustainable entitlements, yet Socialist politicians win elections because they continue to promise cradle to grave, nanny state benefits to the French people who want the sweet life; but can't afford to pay for it.  

Sound familiar.   Drama Obama is bringing this craziness to the United States as he plots to "transform" the United States into a Socialist country.   Instead, the US like France will experience economic collapse, civil strife our our streets and a loss of our national sovereignty if these characters continue with their Socialist Schemes.   History is our teacher and this will be the end of the story if countries like France and the United States continue down the current, crazy and destructive path borrowing and spending money, that we just don't have, to fund their Socialist Schemes. 

Sunday, December 2, 2012

Republicans In Congress Need To Act NOW

Republicans in the US House of Representatives should end negotiations with Socialist President Obama to deal with the Fiscal Cliff and instead just enact common sense tax and entitlement reform that will stimulate economic growth and job creation again in America.   Forget about Drama Obama and just do the right thing for our country and send it over to the Senate and the President.   If the Socialists then fail to act to overt the Fiscal Cliff, then they will be held responsible for the end result. 

This is not all that complicated.   Personal income tax rates should be cut by 10% across the board and in exchange all deductions, except the charitable deduction, should be capped at $50,000.   This will save the mortgage deduction for the middle class and limit deductions for the rich.   Next, the corporate income tax rate should be cut from 35% to 25% by ending certain loop holes for business.  This will keep more jobs in the US.   To give the Socialists a bone, raise the tax on Capital Gains and Dividends from 15% to 20%, which is still low enough to encourage investment.   Keep the estate tax exemption at $5,000,000 per person to protect small businesses and farmers attempting to leave their businesses to family members. 

Tackle Entitlement Reform by further means testing Medicare NOW so that wealthier Americans are paying up to 50% of the Medicare Premium.   Medicare is already means tested.   This concept would just go a bit further.   Raise the retirement age for those under 50 for early retirement to 65.  Graduate the full retirement age up for those under 50 to age 70 for those that are 30 years and younger today.   Modify the inflation formula for Social Security to make it more conservative.  Since people are living much longer, these changes are perfectly reasonable.  At some point, those under 50 should be given a choice of maintaining some of their Social Security contributions in personal accounts; but that battle can come later. 

Republicans in the House of Representatives should just enact this package and send it over to the Senate and the President.  If Socialist Senate Majority Leader Harry Reid has a brain, which if often doubtful, this deal then would go through normal reconciliation when the House and the Senate sit down to settle on any compromises that are necessary to get Senate approval.  It is time to stop all the BS and political posturing.  In January, Republicans in Congress will have to deal with raising the Debt ceiling; but that should always be tied to further budget cuts.   Socialist President Obama is a Man/Child, in constant campaign mode; but incapable of governing.   The grown up's in Washington DC need to get the job done, once and for all, to overt the Fiscal Cliff. 

Saturday, December 1, 2012

Obama's War On Free Market Capitalism

Ever since Obama was elected President, he and his left wing Socialist pals in Congress have used the Recession to attack Free Market Capitalism.   It is important to keep in mind that Socialists hate Capitalism and Capitalists in good and bad times so Obama's actions are no surprise.   It is just that Obama has used the financial debacle we experienced in 2008-09 to further the Socialist Schemes that are always part of the Socialist agenda to grow government at the expense of the private sector.

Socialists believe that government is the solution to every problem, when history has taught us the government is generally the problem and not the solution.  It is government that actually caused the mortgage fiasco, by demanding that people be given home loans that could not repay them, that caused the latest Recession.  With the exception of the military, there is very little that government does well.  Think about it.  Despite spending trillions of dollars on the poor since the New Deal, the poverty rate is higher today than when Bush II was President.  

Welfare has destroyed the Black family.  Even though there are more Whites on welfare in real numbers than minorities, there are more Blacks and Hispanics on Welfare as a percentage of their population than Whites.   And, 7 out of 10 Black babies and 4 out of 10 White babies today are born to single mothers, many of whom are on Welfare and Medicaid stuck in poverty.    

And, then there are the public schools.  Again after spending more money on public schools than any other industrialized nation, basically trillions of dollars in the last 30 years, we achieve poorer results in term of academic achievement and drop out rates.   The point to all of this is that government does not make the best use of our hard earned money, which is  the reason giving more of our money to all levels of government in the form of higher taxes makes no sense.  

This could be demonstrated by many examples; bankrupt Amtrac, the Post office, Social Security, Medicare and now ObamaCare, not to mention FEMA, the disaster recovery agency.    Many government programs would be far better off if they were offered through a free market solution to avoid the fraud, corruption and abuse common in government. 

Only a thriving private sector can lead to real economic growth and job creation in America.  However, private sector growth is often retarded by government high taxes and regulations, made worse by Obama's Socialist Schemes.  Free Market Capitalism, even with its boom and bust cycles, has created more wealth, for more people and a higher standard of living than any other economic system in human history, in spite of government action and not because of it.

Russian President Putin has given speeches saying that Obama is doing to the United States what the Communists did to the old Soviet Union by advancing all his Socialist Schemes and we know the end of that story.  Obama's demonizing of Capitalism and Capitalists is a road to no where.   It plays to Obama's PEEP's; those on the dole, the 50% of Americans that pay no income taxes at all, public employee union members, illegal aliens, radical feminists and environmentalists, trial lawyers and crony capitalists; but it will do nothing to grow our economy and create jobs.   In fact, the so called "rich" are sitting on their hands, rather than invest in the Obama economy; hence our continued high unemployment, slow GDP growth rate and lower standard of living for the American people.   

The business of America is business, not government.   Our Founding Fathers got it right when they created a limited government.   Instead, Socialist Creep in the last 100 years is both wrecking and bankrupting our country.   And, while there is a role for government to play by protecting our country and insuring a sound monetary and legal system with limited regulations, government and Obama need to get out of the way and allow Free Market Capitalism to restore economic growth and job creation again in America.   It will not happen any other way. 

Friday, November 30, 2012

Obama Propaganda - Paying Your Fair Share

Socialist President Obama, with the help of the lame stream media, is as adept at propaganda a Josef Goebbels, the NAZI Minister of Propaganda, who perfected the big lie.   The President and his Socialist pals in Congress continue to say that the "rich" do not pay their fair share.   This is plain and simple BS.   Here are the facts.   The top 1% of income earners pay 37% of all income taxes in the United States.   The top 5% of all income earners pay 60% of all income taxes in the United States.  And finally, the top 10% of all income earners in our country pay 71% of all income taxes.   The bottom 50% of income earners pay just 2.4% of all income taxes in the United States. 

As such, we have the most progressive income tax system in the world.  Obama can call for higher taxes to support his PEEP's, those on the dole, the 50% of Americans that pay no income taxes at all, public employee union members, illegal aliens, radical feminists and environmentalists, trial lawyers and crony capitalists; but President Pinocchio should at least tell the truth.  As a Socialist that supports redistribution of income in the name of social justice, Obama simply wants to confiscate wealth from hard working Makers and give it to his PEEP's, the Takers in our society.   That is the real truth. 

This Blogger has said many times that Socialists will lie, cheat, steal, or historically in some cases even murder, to stay in office feeding at the trough.   This notion that the "rich" do not pay their "fair share" is the biggest lie at all.  Cards talk and numbers don't lie; but Socialists do lie all the time.   As we face the debate about the Fiscal Cliff, it would be nice if President Obama would at least tell the truth.   Don't count on it.  This Man/Child is the biggest liar of them all. 

The reality is that if Obama got his way and tax rates were raised on the "rich" as he wants, it would bring in just enough money to fund the federal government for about 8 days a year.  Obama is borrowing $4 billion a day to fund his Trillion Dollar plus annual deficits, with no end in sight.   Raising taxes on the "rich" will not end deficit spending, nor pay off our National Debt.   Only spending cuts will do that and neither Obama nor his Socialist pals in Congress, that are bankrupting our country, will vote for meaningful spending cuts, or entitlement reform.  It is what it is. 

Thursday, November 29, 2012

Going Over The Fiscal Cliff

This Blogger is starting to believe that we may have to go over the Fiscal Cliff on December 31 to get President Obama and his Socialist pals in Congress to get serious about dealing with Obama's Trillion Dollar Plus annual deficits and our $16 Trillion National Debt.   Obama is focused on raising taxes on the "rich", rather than cutting spending.  Even if Obama gets what he wants, assuming new taxes don't change economic behaviors, which is not the case, on paper, it will only bring in about $70 Billion a year in additional federal revenues.   Since new taxes are a job killer, it will not happen anyway.

Even if it did happen, that is a drop in the bucket when Obama is borrowing $4 billion a day to fund his Socialist Schemes and entitlements.   And, this is before ObamaCare kicks in, which many now estimate will cost $2 Trillion in the next ten years.  If Obama's trajectory is allowed to go forward, assuming the markets will allow it, which is doubtful, we will have a $20 Trillion National Debt by the time Obama leaves office in four years, with no end in sight.   Social Security, Medicare and Medicaid will be bankrupt. 

This Blogger believes that Obama is intentionally out to bankrupt our country to "transform" our nation into a Socialist or Communist country.   Since Obama is clearly not stupid, in fact, far from it, what other explanation can there be for Obama's irresponsible, fiscal mismanagement.   Obama is in business to take care of his PEEP's, people on the dole, the 50% of Americans that pay no income taxes at all, public employee union members, illegal aliens, radical feminists and environmentalists, trial lawyers and crony capitalists, no matter what damage it does to our country. 

However, when the United States experiences financial collapse, no one will be immune from the suffering and chaos that it will cause.  The Republicans in Congress should be for tax reform designed to stimulate economic growth and job creation again in America.  Republicans should support lower tax rates and elimination of many deductions, except the charity deduction, and loop holes that distort the market.   We also must reform Social Security, Medicare and Medicaid to save these programs for future generations.  Otherwise, Republicans should just say NO to Obama's Socialist Schemes, even if it means going over the Fiscal Cliff.  It may be the only way to achieve fiscal sanity. 

The National Debt Limit - Here We Go Again

In a matter of weeks, the United States will hit our $16.4 Trillion National Debt Ceiling as Socialist President Obama is borrowing $4 Billion a day to fund his Socialist Schemes and Entitlements.   Drama Obama will turn this event into another crisis because without raising the debt limit, the federal government will not be authorized to borrow more money to fund expenditures.    Irresponsible Secretary of the Treasury, Tim Geithner, who is leaving the Administration in January, has said, there should be no debt limit at all. 

Don't be surprised if Obama attempts to end the Debt Limit by Executive Order, which was hinted at the last time around.  If Obama does try to do this, it will cause a Constitutional Crisis and turmoil in the markets.   The reality is that we have to get spending under control; yet Obama and his Socialist pals in Congress continue to play games.   There is no way to cut deficit spending without reforming Socialist Security, Medicare and Medicaid and eliminating redundant programs, agencies, departments etc.   We have to get federal government spending down from Obama's 25% of GDP to the more traditional 18%.  Obama will never do it because it means using attrition to eliminate many public employee union jobs.  

Obama and his Socialist pals in government are in power as a result of public employee union support.  Whose bread they eat, whose song they sing even if it bankrupts the country.  So now, we will go through the National Debt Ceiling dance once again.   Expect Drama Obama to cause a crisis.   It is now the norm with Obama. 

Wednesday, November 28, 2012

Drama Obama - Four More Years Of Crisis

We are likely to see four more years of crisis, caused by Socialist President Obama because it is his management style and the means of advancing more of Obama's Socialist Schemes.   As Raum Emmanuel, Obama's former Chief of Staff and now the Mayor of Chicago, once said, "never let a good crisis go to waste".   This means that our country will be in a constant state of turmoil because Obama is incapable of actually governing. 

Turmoil translates to uncertainty, which will result in less investment by business, higher unemployment and a lower standard of living for the American people.   We are mad as hell and we can't take it any more.  We need peace and tranquility in our country to restore economic growth and job creation again in America.   This Blogger believes that Socialist President Obama is intentionally attempting to bankrupt the United States to cause our nation's economic collapse to grab more power by Executive Order to "transform" our country into a Socialist, or even Communist country.   What other explanation can there be for Obama's Trillion Dollar plus annual deficits added to our $16 Trillion National Debt.

Obama is out on the campaign trail again rather than working with Congress to overt the Fiscal Cliff that is coming on December 31.   This Man/Child is incapable of actually being President of the United States.   Obama needs to get his butt back to Washington DC and bring the leaders of Congress into the White House to hammer out a deal to avoid the Fiscal Cliff.  It should have been done a year ago; but now we are down to the wire. 

Our nation cannot take four more years of constant turmoil caused by Drama Obama.    It is time for Socialist President Obama to stop the campaigning and start doing his job.    We need a common sense deal to cut spending and deal with the Fiscal Cliff.   If not now, when??