Skip to comments.Obama's proposals evasive and irresponsible
Posted on 01/25/2012 6:15:36 AM PST by Lakeshark
Don't worry, America. There's nothing that ails this country that can't be made right by a catalogue of piddling proposals that will be forgotten tomorrow--and oh yeah, more taxes on the rich. Such was the message of President Obama's State of the Union address.
It made Bill Clinton's notoriously endless lists of poll-tested banalities look like artistry by comparison. It was light and forgettable, so insubstantial it could have floated off the teleprompter. It was spend more here, create a new program there, carve out a new subsidy in the tax code over there--and repeat as necessary, for over an hour.
It was cynical all the same. The president piled cliches ("teachers matter"), on top of nice-sounding new initiatives (a Trade Enforcement Unit, a Financial Crimes Unit), and insincere bows to the other side (like a call for regulatory restraint after signing the regulatory behemoths of Obamacare and the Dodd-Frank financial bill). This was not the speech of a president interested in anything other than the politics of his re-election--yet another way in which it wasn't noteworthy.
Read more: http://www.foxnews.com/opinion/2012/01/24/proposals-that-will-be-forgotten-tomorrow/?intcmp=trending#ixzz1kTj9PYDQ
Read more: http://www.foxnews.com/opinion/2012/01/24/proposals-that-will-be-forgotten-tomorrow/?intcmp=trending#ixzz1kTiuMJzp
(Excerpt) Read more at foxnews.com ...
So once again, the Honorary Serb SOTU Non-Waching Game was a winning strategy.
We didn’t miss anything, and had no Hussein and what’s-her-name to make me lose my temper!!!!
I still haven’t watched one of his speeches (thank goodness), I hope this is the last one he gets to read in the halls of Congress.
(a Trade Enforcement Unit, a Financial Crimes Unit),
In other words: More tyranny!
Against my better judgment and instincts, I watched the speech. What was amazing was he thinks this is a GREAT COUNTRY all of a sudden. I sure hope the GOP hauls out the videos where he says otherwise. Evidently we’re no longer an unexceptional country. Every country loves us now - he even named them! No one hates us anymore...
Lost track of the number of times he talked about Buffett’s secretary paying less tax than her boss. He did manage to say “tax rate” a few times but he was speaking to the dummies in the crowd and “less tax” sounds better.
Started and ended with kind words about our military but nary a word about the cuts in the defense budget! The military brass in the front row ate it up. Bunch of “go along to get along” individuals.
We should judge the efficacy of this speech in the light of what Americans would want to hear.
Obama ignored the out-of-control spending and the debt in this speech, and that will spell his demise.
There’s abject fear in this country, and rightly so. I think he’ll lose the female vote on this issue alone. We’ve sold out our children, and I think women instinctively sense this. No Democrat can win without the female vote.
And when threatened, women will always ditch the pretty boy for the street-fighting dude with the gun.
The fact that he can’t speak extemporaneously from notes but instead has to depend on a teleprompter as a crutch speaks volumes about this shallow empty suit. If it’s not scripted, this narcissistic bastard is completely lost.
I know middle schoolers who have more on the ball than this POS.
This SOTU was a hugh waste of time. He should have mailed it.
========================================= Candidate Barack Obama told us on the campaign trail: " The problem is, that the way Bush has done it over the last eight years is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents, # 43 added $4 trillion by his lonesome so that now we have over $9 trillion of debt that we are going to have to pay back, $30,000 for every man woman and child. Thats irresponsible. Its unpatriotic."
REALITY CHECK Obama presided over the biggest political heist in US history. The Obamanations (insiders and politicians) sucked up trillions under the guise of inheriting the "Bush financial crisis."
THIS MADE ME LAUGH OUT LOUD Obama COS Rahm Emanuel "suddenly" discovered he wanted to be Chicago's mayor---the little turn went before the mics and announced his campaign "raised $10 million in just a few weeks." Rahm also controlled the US Treasury as COS.
What the so-called "collapse" of the banking system wrought under Obama:
FOURTEEN TRILLION DOLLARS Behind The Real Size of the Bailout; A guide to the abbreviations, acronyms, and obscure programs that make up the $14 trillion federal bailout of Wall Street
Mon Dec. 21, 2009 12:23 PM PST
The price tag for the Wall Street bailout is often put at $700 billionthe size of the Troubled Assets Relief Program. But TARP is just the best known program in an array of more than 30 overseen by Treasury Department and Federal Reserve that have paid out or put aside money to bail out financial firms and inject money into the markets.
To get a sense of the size of the real $14 trillion bailout, see our chart at web site. Below, a guide to the pieces of the puzzle:
Treasury Department bailout programs
(Remember that Obama's Treasury Dept was controlled by his then-COS Rahm Emanuel---a G/S lobbyist in the WH)
Money Market Mutual Fund: In September 2008, the Treasury announced that it would insure the holdings of publicly offered money market mutual funds. According to the Special Inspector General for the Troubled Asset Relief Program (SIGTARP), these guarantees could have potentially cost the federal government more than $3 trillion [PDF].
Public-Private Investment Fund: This joint Treasury-Federal Reserve program bought toxic assets from banks and brokeragesas much as $5 billion of assets per firm. According to SIGTARP, the government's potential exposure from the PPIF is between $500 million and $1 trillion [PDF].
TARP: As part of the Troubled Asset Relief Program, the Treasury has made loans to or investments more than 750 banks and financial institutions. $650 billion has been paid out (not including HAMP; see below). As of December 21, 2009, $117.5 billion of that has been repaid.
Government-sponsored enterprise (GSE) stock purchase: The Treasury has bought $200 million in preferred stock from Fannie Mae and another $200 million from Freddie Mac [PDF] to show that they "will remain viable entities critical to the functioning of the housing and mortgage markets."
GSE mortgage-backed securities purchase: Under the Housing and Economic Recovery Act of 2008, the Treasury may buy mortgage-backed securities from Fannie Mae and Freddie Mac. According to SIGTARP, these purchases could cost as much as $314 billion ---SNIP---.
LONG READ---go to web site to read more and checkout the shocking financial charts.
"Hi there, Americans. Obama put me in charge of the trillion dollar stimulus. My son and brother are gonna help me disperse the money. "
Offshore Fraudster had links to offshore fund run by VP Biden's relatives
Reuters on Yahoo | 2/23/09 | BY Ajay Kamalakaran
(Reuters) A fund of offshore hedge funds run by two members of VP Joe Biden's family was marketed exclusively by offshore firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said.
The Bidens $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and the offshore Stanford Financial Group entity headquartered in Antigua, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said. Stanford-related offshore companies marketed the Biden fund to investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.
Paradigm Global Advisors is owned through a holding company by the vice president Biden's son, Hunter, and Joe Biden's brother, James, according to the WSJ. Paradigm's attorney, Marc LoPresti, who represents Hunter Biden and James Biden, as well as Paradigm, told the paper he did not know which Stanford entity invested the roughly $2.7 million.
Marc LoPresti, who represents Hunter Biden and James Biden told the paper the Bidens NEVER met or communicated with Stanford. (/snicker)
(Excerpt) Read more at news.yahoo.com ...
In their overwhelming desire for accumulation of power of government over people, Democrats, under Obama, now acknowledge the taxing power as useful for restraining motivation toward what they deem to be undesirable behavior.
On the other hand, they deny the certain fact that "taking," or taxing productive citizens also discourages and restrains motivation.
They now have endangered the liberty of millions yet unborn with their illogical arguments on behalf of "taking" and "redistributing" the earnings of hard-working Americans. They claim they are "taking care" of those who elected them. Their "taking care" amounts to enslaving every citizen, born and unborn, for generations to come.
Their claims would fall on deaf ears, if most citizens understood their Constitution's limits on the powers of government. Here what some of the Founders said about the policies of today's "progressive" Democrats.
"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39
"I deem [this one of] the essential principles of our government and consequently [one] which ought to shape its administration:... The honest payment of our debts and sacred preservation of the public faith." --Thomas Jefferson: 1st Inaugural, 1801. ME 3:322
"I sincerely believe... that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816. ME 15:23
"[With the decline of society] begins, indeed, the bellum omnium in omnia [war of all against all], which some philosophers observing to be so general in this world, have mistaken it for the natural, instead of the abusive state of man. And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:40
"Is it now high time for the people of this country to explicitly declare whether they will be free men or slaves. It is an important question which ought to be decided. It concerns more than anything in this life. The salvation of our souls is interested in this event. For wherever tyranny is established, immorality of every kind comes in like a torrent, it is in the interest of tyrants to reduce the people to ignorance and vice. - Samuel Adams
The utopian schemes of leveling and a community of goods, are as visionary and impractical as those which vest all property in the crown. These ideas are arbitrary, despotic, and, in our government unconstitutional. - Samuel Adams
Republican voters need to "conserve" and these ideas on behalf of future generations. Their spokesman needs to have studied history enough to be able to use them intelligently against the "chief redistributionist" and "leveler" of today.
Jefferson is famous for his personal indebtedness. It’s kind of funny.
Your points are well-considered, however.
Taxes long ago ceased being a mechanism for paying the public debt. They are now used to pay back voting blocs and socially engineer the rest of us.
For instance, the "separation of church and state" advocates, just love to quote his little phrase in the letter to the Baptists, but they completely overlook his pride in claiming that "in our little village of Charlottesville," the various religious sects took turns worshipping and "hymning their Maker" in the court house.
On matters of Creator-endowed life, liberty, and rights, no one makes that claim with more power and succinctness than Jefferson.
On freedom of conscience, he is clear and concise.
On government spending of "the People's" earnings, by taxing, incurring deficits, and then laying debt on future generations, Jefferson's words are direct and call it what is truly is: "swindling futurity on a large scale."
"Bind them down by the chains of the Constitution," he asserted. Just love that Jefferson!
“”Lost track of the number of times he talked about Buffetts secretary paying less tax than her boss. He did manage to say tax rate a few times but he was speaking to the dummies in the crowd and less tax sounds better.””
Boy! Did I ever mess that up? That’s what that jerk does to my brain....”less tax” should have been “more tax”.
Guess I shouldn’t post until much later in the day!!
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