Obama has continued to raise in this game, and it looks as if the Repug’s have gone “all in”. House Republican Leader Eric Cantor and Sen. Jon Kyl, R-Ariz., the GOP negotiators, walked out on V.P. Biden Thursday. They have demanded the president come to the table. The House has been forcefully clear that they will only allow a budget that includes major spending cuts. The Obama adminstration is less clear, only saying tax increases have to be part of any balanced budget. Leaves me wondering what spending cuts will the Democrats agree to?
Rep. Xavier Becerra, D-Calif., accused Republicans of “running away from the mess they created.””Is this the adult moment they promised the American people in November?” he said.
The Democrats not taking time to pass a budget last year when they had a majority in the house, senate and the oval office, that didn’t contribute to the “mess”?
In January President Obama released a budget which he claimed would reduce the deficit and somehow still included spending increases. Then Paul Ryan released his budget proposal and received a huge amount of media attention. Obama attacked Ryan’s plan, including making false statements about it, and then announced a “new” budget he had designed, that would fix everything. A few months later and we are still waiting to see this new budget, not just hear Obama tell us how great it’s going to be. http://www.factcheck.org/2011/04/factchecking-obamas-budget-speech/
I like and respect Cavuto and Varney at FOX Business. They seem well-informed on financial matters and explain things where it almost makes sense. Both of them warn about the consequences of not raising the debt limit. I have looked into this a little more and think they are wrong. I am putting them in the same camp as Geithner on this one issue. Turns out, if the debt limit is reached, it does not mean default, unless we do not make the payments on the interest. That adds up to about six percent of GDP. We are going to default because of six percent? Please, anybody with a checking account could figure out what bills to pay first, reduce their spending, and get the books balanced again.
One thing you hear again and again, SS checks or our soldiers fighting, their paychecks will not be sent! It might be true, but the president will be deciding where that six percent cut will come from, troops in Afghanistan or the EPA. Will grandpa get his monthly check, or will Amtrak continue running empty trains. How much federal money goes to support “Art”? How much could be saved by grounding AirMuckingForceOne? How about he and FLOTUS stay at home and do some TV dinners? No parties, foreign or domestic should be had at taxpayer expense until a balanced budget is achieved!(damn, I kinda wish I had run for congress just to propose that) I recommend to all, do some searches on debt limit myths. http://www.nypost.com/p/news/opinion/opedcolumnists/obama_debt_limit_truth_twisting_QgMC6YT1SDi6yIf1TrHtaP#ixzz1QEg72JR
Full disclosure, I was not against Obama when he first started campaigning. I am an independent and liked some of the things he was saying. He promised to be a uniter, not a divider, and to end the partisan games both parties played. He promised to end rewarding lobbyist with positions in administration. So I then researched Senator Obama, checking his voting record as a US senator as well as his time in Illinois, and found him to be the worst politician I have come across in modern times. I think he is the type that will say or do anything to achieve their goals. Lets see if I am right.
What was that comment after the election and swearing-in? ” I won.” http://www.politico.com/news/stories/0109/17862.html
President Obama listened to Republican gripes about his stimulus package during a meeting with congressional leaders Friday morning – but he also left no doubt about who’s in charge of these negotiations. “I won,” Obama noted matter-of-factly, according to sources familiar with the conversation.
The exchange arose as top House and Senate Republicans expressed concern to the president about the amount of spending in the package. They also raised red flags about a refundable tax credit that returns money to those who don’t pay income taxes, the sources said.
After Friday’s meeting, Democratic and Republican leaders publicly wrangled over the developing stimulus plan. But perhaps taking a cue from Obama’s “I won” line when Democrats were asked if they were concerned about Republicans blocking the package, Senate Majority Leader Harry Reid had a swift one-word answer: “No.”
House Speaker Nancy Pelosi said the bill was on track for passage by February 16, while Republicans continued to voice their opposition.
“We expressed our concerns about some of the spending that’s being proposed in the House bill,” House Minority Leader John Boehner said after meeting with Obama. “How can you spend hundreds of millions of dollars on contraceptives?” Boehner asked. “How does that stimulate the economy?”
Reid said a Congressional Budget Office report that says the stimulus funds won’t be pumped into the economy until 2010 doesn’t provide an accurate picture. He also said Orszag guaranteed “that at least 75 percent of the bill would go directly into the economy within the first 18 months.”
Healthcare, “we have to pass it so you can read it”, Pelosi. How can I blame Obama for that? Didn’t he say he would hold the debate live on CSPAN? And, “Obama will not sign any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days.” Obama is 1-for-11 on this promise so far.
Although Barack Obama promised lobbyists would not serve in his White House, and issued executive orders restricting former lobbyists, more than 40 ex-lobbyists now populate top jobs in the Obama administration, including three Cabinet secretaries, the Director of Central Intelligence, and many senior White House officials.
Is there a sin that is so terrible that it can never be forgiven? Between God and sinners, maybe not, but between politicians and we who elected them, you betcha! My Obama unforgivable sin was the appointment of Tim Geithner.
U.S. Treasury Secretary Timothy F. Geithner. Photographer: Joshua Roberts/Bloomberg
Geithner Extends Debt-Ceiling Deadline to Aug. 2 With Extraordinary Steps
From his tax troubles, Goldman-Sachs goldenboy, there were major reason why he should never have been given any position in our government. Months ago he was lecturing the Germans for doing exactly the same thing the USA has been doing, monetizing their debt. And lately he’s been issuing dire warning if the debt ceiling isn’t raised. How many deadlines has he set, then extended? A pure partisan politician playing his parties themesong! Not enough “sin”?
More than two years after Obama took office vowing to banish “special interests” from his administration, nearly 200 of his biggest donors have landed plum government jobs and advisory posts, won federal contracts worth millions of dollars for their business interests or attended numerous elite White House meetings and social events, an investigation by iWatch News has found.
These “bundlers” raised at least $50,000 — and sometimes more than $500,000 — in campaign donations for Obama’s campaign. Many of those in the “Class of 2008” are now being asked to bundle contributions for Obama’s reelection, an effort that could cost $1 billion.
And One For Charlie!
New emails obtained by The Daily Caller contradict claims by the Obama administration that the Treasury Department would avoid “intervening in the day-to-day management” of General Motors post-auto bailout.
These messages reveal that Treasury officials were involved in decision-making that led to more than 20,000 non-union workers losing their pensions.
A little forgiveness
Some of my friends on the right may now disagree with me, but I give Obama a free pass on a couple of things, such as the troop withdrawal from Iraq and Afghanistan, and the closing of Gitmo. It was stupid of him to make these pledges without the information or authority to make them happen.
Should I have save that for the last of the article? Ended on a good note? Oh well, back to bashing. I think the Libya war is illegal. Should Clinton have been impeached? No. Should Obama? YES! The difference is in breaking the law. Libya has been covered, but some other instances of where this administration thinks the law does not apply to them….
Senator John Cornyn of Texas will be sending a letter to President Obama Wednesday afternoon, signed by at least a majority of Senate Republicans, that will call on the president to immediately submit a proposal to Congress that addresses Medicare funding.
The letter will note that by not presenting a proposal, the Obama administration will be in violation of the Medicare Prescription Drug, Improvement and Modernizations Act of 2003.
At the time of this publication, the letter had 35 Republican signatures, though more were expected to follow.
According to the letter, a proposal “would help prevent the bankruptcy of this vital program for Americas seniors and keep the federal government from going further into debt.”
The letter also notes that in 2008 the Bush administration complied with the law and submitted a legislative proposal to Congress though it was never acted on.
“Your Administration, however, has failed to submit such a proposal for the last three years,” the letter will say. “This not only defies federal law but also abdicates your Administration’s responsibility to lead.”
The law in question says that once a certain threshold is reached in the percentage of Medicare funding that comes from the general revenue fund (45 percent), the president is required to submit a plan to Congress that addresses the program’s instability within 15 days of submitting a budget proposal. The provision is known as the “Medicare Trigger”.
That trigger has been reached the last six years.
Cornyn’s letter stresses the legal requirement on the president, but also points out that the largest claim on the federal budget over the next 75 years is Medicare, which is predicted to cost a total of $35 trillion.
On Tuesday, Sen. Jeff Sessions of Alabama and Rep. Paul Ryan of Wisconsin submitted a similar letter to the president.
And what about those 1,400 Obamacare waivers? How is that program being administered? Damned if anybody knows. All freedom of information requests have been ignored or refused. Funny thing, the waivers were not part of, or allowed, under the healthcare law. So how can they do this? Make special exemptions for those they decide are necessary? Turns out, the Department of Health and Human Services (HHS) granted itself the power through administrative rules. Everyone “seeing” the transparency here?
Obama administration official Steve Larsen said no new applications, or waiver renewal applications, will be accepted after Sept. 22 this year. Larsen said politics was “absolutely not” a part of the decision to do away with the controversial program, but it certainly looks that way with the decision to dump the news on Friday. It’s a common public relations practice to roll news out late on Fridays when trying to shift attention away from controversial topics.
The Friday night news dump comes after a Government Accountability Office (GAO) report earlier this week still left several unanswered questions on how the administration was handling the Obamacare waiver process.
More Power Scotty!
Obama administration caught hiding information in effort to shut down the Yucca Mountain nuclear waste facility
So much for their support for nuclear power. Obama’s appointee to head the Nuclear Regulatory Commission got caught hiding data..
More than 90 percent of the guns recovered in Mexico come from the United States, many from gun shops that lay in our shared border,” President Barack Obama said on a visit to Mexico on April 16, 2009. “So we have responsibilities as well.”
That was disproven even before he and Clinton made those statements. Two thirds of the Mexican guns were Russian, Chinese or other, so were never sent to ATF for background checks. Add to that, the US supplied the Mexican army and police with weapons, only for them to be sold or stolen by corrupt Mexican authorities to the drug cartels they are supposed to be fighting. But is there a way this lie could become “true”? Under Bush, the ATF allowed guns to be purchased illegally, and then tracked them as far as they could safely. No guns were allowed across the border, where they could no longer be tracked. Under Obama/Holder, the ATF upped the number of guns sold and allowed them to go into Mexico. Call me crazy, but I can see a Obama administration helping guns go to Mexico so they could use that to demand stricter gun control laws. They were counting on a compliant media to not question how/why it was suddenly so easy to traffic guns into Mexico.
Four Alcohol, Tobacco, Firearms and Explosives (ATF) agents in transcribed interviews with top GOP oversight official Darrell Issa’s office are contradicting the Justice Department’s account of “Operation Fast and Furious,” saying hundreds of weapons -– including assault rifles and military-grade sniper weapons -– were allowed to escape into the clutches of Mexican drug cartels in an apparently reckless investigative strategy.
Their testimony raises the question of whether Ronald Weich, a deputy to Attorney General Eric Holder, lied to congressional investigators in a Feb. 4 letter denying the allegations. Weich is testifying before Issa’s committee Wednesday.
The four ATF agents describe how the weapons were tracked from sales at U.S. gun shops but not seized as is normal practice. The goal of the operation was to track the weapons as they progressed from the purchasers through criminal networks.
But two rifles involved in “Fast and Furious” were found at the scene of Border Agent Brian Terry’s murder Dec. 14, 2010, apparently provoking the Justice Department to halt the operation in the aftermath of the murder. Jaime Avila, the purchaser of the guns, had been under surveillance for over a year as he illegally purchased weapons.
The ATF agents’ testimony, from John Dodson, Olindo James Casa, Lawrence Alt and Peter Forceilli, adds additional context and detail to “Fast and Furious” not previously known. The testimony is excerpted in a report from Issa released on the eve of the hearing where Weich is testifying.
Top-ranking Justice Department officials have previously denied the allegations, saying ATF agents made “every effort” to seize weapons purchased illegally. Since earlier blanket denials, however, Justice officials have since narrowed the scope of what they are denying, defining terms in ways the ATF agents say are at odds with common usage.
A spokesman for House Oversight Committee Chairman Darrell Issa told The Daily Caller the congressman expects his investigations into the Justice Department’s gun walking programs to point to a much higher political appointee than acting ATF director Kenneth Melson. Melson is widely expected to resign some time in the next couple of days in the face of political pressure from Issa’s investigations into Project Gunrunner and Operation Fast Furious
Obama Says Jobs, Economy Remain His Top Priority
Then why are all the headlines showing him at fundraisers? Where is that budget he talks about but has yet to produce? We know the Spendulous failed to keep unemployment in check, and today it’s hovering around nine percent. So what is the administration doing to help create jobs? They are suing Boeing!
Republican House Oversight Committee Chairman Darrell Issa has joined the chorus crying foul over what seems to be an aggressive overreach by the Obama administration’s National Labor Relations Board (NLRB) in declaring Boeing’s expansion into South Carolina, a non-union state, illegal because it allegedly retaliate against union employees in Washington state.
Issa said. “The NLRB has interpreted the National Labor Relations Act in a way where they have basically filed suit against Boeing, even though what Boeing was doing was simply choosing to expand and put new jobs in South Carolina. Well, they were also adding jobs in Everett, Wash., the Seattle area and we are questioning whether or not they have exceeded — there’s no absolute law that says they can do that. They are interpreting that even though it’s a growth, ultimately by not putting them in Everett it is a retaliation. I think that is far in excess of their mandate. If the labor union wants to make a suit, make a suit but for the government to spend your tax dollars to pursue seems to be over the top.”Issa said Boeing had merit in building a South Carolina facility and thus he questioned the use of taxpayer money to prevent the facility from being operational.
How does his administration plan to spur job growth? Ellmers then said: “Sixty-four percent of jobs that are created in this country are for small business.” Oh good! Obama has a plan to help small business.
Geithner: Taxes on ‘Small Business’ Must Rise So Government Doesn’t ‘Shrink’
Treasury Secretary Timothy Geithner told the House Small Business Committee on Wednesday that the Obama administration believes taxes on small business must increase so the administration does not have to “shrink the overall size of government programs.”
The administration’s plan to raise the tax rate on small businesses is part of its plan to raise taxes on all Americans who make more than $250,000 per year—including businesses that file taxes the same way individuals and families do.
Geithner’s explanation of the administration’s small-business tax plan came in an exchange with first-term Rep. Renee Ellmers (R.-N.C.). Ellmers, a nurse, decided to run for the U.S. House of Representatives in 2010 after she became active in the grass-roots opposition to President Barack Obama’s proposed health-care reform plan in 2009.
“Overwhelmingly, the businesses back home and across the country continue to tell us that regulation, lack of access to capital, taxation, fear of taxation, and just the overwhelming uncertainties that our businesses face is keeping them from hiring,” Ellmers told Geithner. “They just simply cannot.”
She then challenged Geithner on the administration’s tax plan.
Geithner conceded the point, but then suggested the administration’s planned tax increase on small businesses would be “good for growth.”“No, that’s right. I agree with that,” said Geithner. “But just to put it in perspective, it’s important to recognize why are we doing this. You know, our deficits are 10 percent of GDP, higher than they’ve been since any time in the postwar period really. We have a big hole to dig out of, and we have to figure out how to do that in a way that’s balanced, good for growth, fair to people as a whole.”
Geithner, continuing, argued that if the administration did not extract a trillion dollars in new revenue from its plan to increase taxes on people earning more than $250,000, including small businesses, the government would in effect “finance” what he called a “tax benefit” for those people.
Also remember the gulf deep water drilling moratorium?
The Obama Administration acted in contempt by continuing its deepwater-drilling moratorium after the policy was struck down, a New Orleans judge ruled.
Interior Department regulators acted with “determined disregard” by lifting and reinstituting a series of policy changes that restricted offshore drilling, following the worst offshore oil spill in U.S. history, U.S. District Judge, Martin Feldman of New Orleans ruled yesterday.
“Each step the government took following the court’s imposition of a preliminary injunction showcases its defiance,” Feldman said in the ruling.
“Such dismissive conduct, viewed in tandem with the re-imposition of a second blanket and substantively identical moratorium, and in light of the national importance of this case, provide this court with clear and convincing evidence of the government’s contempt,” Feldman said.
It seems the law has a different meaning when you are the most powerful man in the world. Although this is longer than I had intended, I’m already thinking of other things I missed. So I will end here still wondering how anyone could still vote for this lying sack of bulldookey……..
STATEMENT: “We will launch a sweeping effort to root out waste, inefficiency, and unnecessary spending in our government, and every American will be able to see how and where we spend taxpayer dollars by going to a new website called recovery.gov.” – President Obama, January 28, 2009
EXPIRATION DATE: “More than two months after some of the funds were released, [Recovery.gov] offers little detail on where the money is going . . . The government [spent] $84 million on a website that doesn’t have a search function, when its purpose is to ‘root out waste, inefficiency, and unnecessary spending in our government.’” April 2, 2009
Eighteen from his first 100 days:
3. Opposed a Colombian Free Trade Agreement because advocates ignore that “labor leaders have been targeted for assassination on a fairly consistent basis.”
18. A special one on the 100th day, “The first thing I’d do as president is sign the Freedom of Choice Act. That’s the first thing I’d do.”