Tag Archives: national debt

Friends of the 44th POTUS

There is an old saying that goes actions speak louder than words. Over the course of my 47 years on this rock, I have found that to be true – especially in the case of politicians who come in all political stripes.
I do not get all that excited over what politicians say, as they can spew enough warm gas in a twenty minute speech to float a hot air balloon half way across the country. No, I look at their voting record, because that is where the rubber meets the road. You can learn a great deal about what people are made of by observing what they actually do, especially when they think no one is paying attention.
Another way to get a handle on people is to look at who they associate with, who they were raised by, who they pal around with, and thus who it was that may have helped to shape their world view.
In the case of our somewhat mysterious 44th POTUS, those associations are not a little troubling, given what has transpired in this country since January 20, 2009 (bolds are mine throughout):

Recipe for disaster: Ayers, Alinsky, Cloward & Piven
By FRANK MIELE/Daily Inter Lake
When last we left the revolutionary Bill Ayers, he was furiously scribbling the “Weatherman” manifesto in 1969 and learning how to build nail bombs while actively encouraging not just one, but “two, three, many Vietnams,” in an effort to bring down the United States government.
It was obvious, after examining the words of “You Don’t Need a Weatherman to Know Which Way the Wind Blows,” that Ayers and his allies in the Orwellian-named Students for a Democratic Society (You know the routine: “war is peace,” “freedom is slavery,” “communism is democracy”!) were waging a two-front war of violence against America which they hoped would topple the government by over-extending its resources.
In their own words from the “Weatherman” manifesto, they explained that drawing the U.S. into multiple costly overseas wars would go “hand in hand” with a domestic strategy also intended to bankrupt the U.S. Treasury.
That strategy saw an opportunity to take advantage of what it called “the urban crisis around welfare, the hospitals, the schools, housing, air and water pollution.”
These social services and social protections were a much easier sell to the American public than either bombs at home or wars abroad, but they had just as dangerous an impact on the viability of the American government. Thus, promoting more and more “entitlements” and insisting on more and more “social justice” was part of the same revolution that led inexorably to nail bombs and multiple Vietnams.
As envisioned by Ayers and his co-authors in 1969, once the public gets acclimated to being guaranteed a growing panoply of social services such as welfare, medical care and housing, “The state cannot provide the services it has been forced to assume responsibility for, and needs to increase taxes and to pay its growing debts while it cuts services…”
That – as Ayers was smart enough to see – would lead inevitably to social turmoil and financial disaster, and thus might precipitate the communist revolution that SDS hoped would topple the United States government.
We may still get to see if they were right – because that is exactly where we are today. One step ahead of us is Greece, but the growing number of entitlements in our federal budget has already made us an economic basket case, with no cure available except the unthinkable: massive cutbacks in spending that would lead to huge social unrest.

You will find the rest here.
Once you have finished reading, perhaps what we have been seeing since Obama took up residence in the White House will make a little more sense – from his perspective, at least.
(h/t: boortz.com)

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The Goonion Solution

It appears our friends at the AFL-CIO (which in Dave’s world means American Federation of Losers-Communist International Operatives) have come up with some suggestions for ways the congressional “supercommittee” could go about reducing our nation’s debt:

The AFL-CIO is proposing a number of tax hikes and healthcare policy reforms, along with drawing troops down in Afghanistan and Iraq, to help bring down the national deficit.
In a memo sent to reporters Monday, Alison Omens, the labor federation’s director of media outreach, says the AFL-CIO will be urging members of Congress this October to help get Americans back to work, including passing $140 billion in funds for rebuilding the nation’s infrastructure and aiding state governments as proposed by President Obama in his American Jobs Act.
Further, the AFL-CIO will be calling on lawmakers not to pass proposals that would slash benefits under Social Security, Medicare and Medicaid. The memo comes as the congressional task force, known as the “supercommittee,” begins its job of coming up with at least $1.5 trillion in government spending cuts this fall.

And that is just for starters.
You can read the rest here.
Once you have finished reading, you will understand why the only reason these people have jobs is because they are a members of an organized mob.

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PSA for Billionaires & Millionaires – Don't Wait for Congress to Act!

Celebrity Networth Database

How Do You Make a Gift To Reduce Debt Held By the Public?

If you wish to do so, make a check payable to Bureau of the Public Debt.” You can send it to: Bureau of the Public Debt, Department G, P.O. Box 2188, Parkersburg, WV 26106-2188. Or you can enclose the check with your income tax return when you file. Do not add your gift to any tax you may owe. See page 71 for details on how to pay any tax you owe.
H/T John Nolte of Big Hollywood

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The Left Are Pushing for a Civil War

Source: JB Williams – (9/6/11) – Republished by Patriots News.
As the political left drives the U.S. economy towards the brink of no return and an increasing number of average Americans find themselves in desperate financial situations, crime is on the rise and social tensions are rocketing towards a historic level in the land of milk and honey.
Yes, I am predicting the Second American Civil War, but only because the political left is working around the clock to incite outright socio-economic and race warfare in America.
Unlike any prior American administration, this one is intentionally destroying what’s left of America’s free-market prosperity and now they are openly calling for all-out war on all patriotic Americans. Obama’s civilian army is ready to roll in the streets of the U.S.A. and as labor union leader Jimmy Hoffa, Jr. put it at a Labor Day weekend rally, “Let’s take these son of a bitchs out!” – telling Barack Obama that “we (labor union members) are your army and we are ready to march.”
President Barack Obama proudly accepts Hoffa’s call for war against the 88% of Americans who do not belong to labor unions.
Days before, leaders of the Democratic Socialist Black Caucus called upon blacks to begin race wars against white Americans in the streets, and make runs on U.S. banks to cause even more economic chaos during the most tumultuous economic time since the Great Depression.
In Cincinnati Ohio, Vice President Joseph Biden spoke to the AFL-CIO referred to patriotic Americans as “barbarians at the gate” and called upon all union thugs to “stand up” against American taxpayers who have been Taxed Enough Already. Biden claimed that “this is a fight for the heart and soul of the labor movement in America” – and that this is the time for all union thugs to stand and fight against their sworn enemy, the American taxpayer.
Never before in U.S. history has an administration taken such overt actions to create a class/race war in America, using the army they built out of minority groups, without whom, a Democrat Party would not even exist today.
Democrats operating under the Democratic Socialists of America groups, the Black Caucus and Progressive Caucus, led by the Obama administration, have seized total control of the Democrat Party, the White House, the federal legislature and the federal judiciary.
When the group was asked if Democratic Socialism was in competition with the Democrat Party, they responded as follows;

No, we are not a separate party. Like our friends and allies in the feminist, labor, civil rights, religious, and community organizing movements, many of us have been active in the Democratic Party. We work with those movements to strengthen the party’s left wing, represented by the Congressional Progressive Caucus. The process and structure of American elections seriously hurts third party efforts. Winner-take-all elections instead of proportional representation, rigorous party qualification requirements that vary from state to state, a presidential instead of a parliamentary system, and the two-party monopoly on political power have doomed third party efforts. We hope that at some point in the future, in coalition with our allies, an alternative national party will be viable. For now, we will continue to support progressives who have a real chance at winning elections, which usually means left-wing Democrats.

The Progressive Caucus was formed by proud socialist Bernie Sanders of Vermont and the Black Caucus was formed by proud communist John Conyers of Michigan.
Democrats, funded largely by the international socialist labor movement for decades, destroyed American manufacturing forcing almost all private sector manufacturing jobs off-shore and leaving over sixty-percent of union workers employed in government jobs.
Now that the federal and state budget well has run dry, and the private sector is no longer able to carry the unsustainable weight of government employment, Democrats are calling for all-out war against American taxpayers in a final hour effort to save the labor unions that make the Democrat Party possible.
Over the last five years, since Democrats regained control of the U.S. federal purse strings in 2006, the national debt has sky-rocketed from 64% of GDP to more than 100% of GDP. Black unemployment has doubled to an all-time high and union employment is now almost 100% dependent upon government jobs or government contracts.
Meanwhile, we have only 25% of the nation’s private sector workers paying for an unsustainable level of government, both at the state and federal level. There is no choice but to bust the labor unions that now survive on taxpayer-funded government employment alone, and the grip they hold on Washington DC. The situation is economically unsustainable and Democrats know it. The only nations turning the corner on their economic woes are the nations facing this fact.
But without labor unions, there will be no Democrat Party today. So, Democrats are publicly calling for all-out war in the streets in an effort to save the 12% of American workers who wear the union label and fund the Democrat Party.
Are American taxpayers ready for more than café latte rallies and T-Shirt sales at Tea Party conventions that few people can afford to attend anymore? Are they ready for war?
Whether they are ready or not, war is coming to America because the political left will bring class and race war to every street in America very shortly. As Democrats have ground the American economy to a halt, they rally their civilian troops to violence in the streets and they make no apologies for it.
Democratic Socialist messiah Barack Obama is fading fast. His current ratings make Jimmy Carter look both smart and popular. Obama & Co. are following European nations right into the economic toilet, putting the labor movement ahead of American interests in treasonous fashion. But they are not stopping here…
On September 17th, Constitution Day, leftists across the country are planning a “Day of Rage” against free-market capitalism in the streets of New York.
On October 6th, American leftists plan an “Egypt style occupation of Washington DC” aimed at forcing every American taxpayer to accept their international socialist demands or pay the consequences.
Although Obama’s Department of Homeland Security has pre-labeled every American citizen who speaks out in defense of the U.S. Constitution or morality as a “potential domestic terrorist,” it is the Democratic Left who is actually preparing to take their war to the streets of America.
Are Americans ready to defend their way of life at all cost?
They won’t just face Black Panthers and radical labor union thugs in the streets. Over the last few years, Democrats have also worked to increase anti-American sentiments among the radical Muslim community and the illegal immigrant community in America.
Illegal immigrants think they are right to demand full citizenship rights in America, including full voting rights before the 2012 election. Muslims are convinced that they have a right to take over American communities and force Sharia Law in any area they can gain numeric control over, as the Obama administration provides opportunity and cover.
If you think Obama’s Justice Department is going to take any action against any of these anti-American acts, think again. Eric Holder’s department is fully behind this treasonous agenda.
If you think the American press is going to shine a light on any of this, think again. The American press, like American academia, has been in the international socialist bag for decades now. They won’t report on any of this until they are reporting the body bag count in cities across America.
Are Americans really ready to defend the U.S. Constitution and way of life? I see no evidence that they are.
The Tea Party is the most active resistance in America today and they are still busy playing politics, trying to gain a seat at the table of anti-American corruption instead of upsetting the table of political corruption.
Despite years of efforts to educate the masses in America, most Americans remain out of touch with reality, including most in the Tea Party movement, who still think they can stop this massive international movement to destroy America by electing a few more Republicans in 2012.
Let there be no mistake – Americans are already at war for the future of freedom and liberty in America – they just don’t know it yet. And, the enemy is not only within—it is on both sides of the political aisle.
If you don’t believe me, read this Federal Report on Global Governance originated during the Clinton years, but left intact throughout the Bush years.
Whether Americans want war or not, it is coming. The international left has been preparing for this war on Americans for decades and they can smell total victory in the air now. Even the most patriotic American is likely to vote for socialism as opposed to total economic collapse and chaos today.
How many Americans are awake, aware and prepared to defend the American way of life?
Nobody knows the answer to this question and most of the time—we have no idea who is really ready to fight until the fight begins. But any serious resistance is likely to come from the community of more than “twenty-five million military veterans, who are coming together with very deep concerns about the true state of our union.
I can only pray that we still have enough true Americans left to defend freedom, because if freedom does not exist in America, it won’t exist anywhere on earth.
If you are not ready for what’s coming, you had better get ready, because it’s coming, whether you are ready or not. And it’s coming very soon! The left will not take no for an answer. The left has us between a rock and a hard place and there is no painless way out of this corner.
Evil unchallenged will prevail every time. Let no evil go unchallenged from this moment forward. We cannot pass this mess on to our children.
H/t my friends Bob W. and Sol.

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Global Debt – Cancer That's Metastasized

Metastasis [mətas′təsis] pl. metastases:

An active process by which tumor cells move from the primary location of a cancer by severing connections from the original cell group and establishing remote colonies. Because malignant tumors have no enclosing capsule, cells may escape, become emboli, and be transported by the lymphatic circulation or the bloodstream to implant in lymph nodes and other organs far from the primary tumor.

From “When Debt Levels Turn Cancerous,” an op-ed in the UK’s Telegraph, by Ambrose Evans-Pritchard, August 31, 2011.

Now we know where the tipping point lies. Debt becomes poisonous once it reaches 80% to 100% of GDP for governments, 90% of GDP for companies, and 85% of GDP for households. From then on, extra debt chokes growth.

Stephen Cecchetti and his team at the Bank for International Settlements [BIS] have written the definitive paper rebutting the pied pipers of ever-escalating credit. “The debt problems facing advanced economies are even worse than we thought.”

The basic facts are that combined debt in the rich club has risen from 165% of GDP thirty years ago to 310% today, led by Japan at 456% and Portugal at 363%.

“Debt is rising to points that are above anything we have seen, except during major wars. Public debt ratios are currently on an explosive path in a number of countries. These countries will need to implement drastic policy changes. Stabilization might not be enough.”

Demographic atrophy and aging costs will make this even nastier. “Rising dependency ratios put further downward pressure on trend growth, over and above the negative effects of debt.” […]

Below is a downright frightening table of debt-as-%-of-GDP of the OECD (Organization for Economic Cooperation & Development) countries:

While the United States has one of the lower combined debts at 268% of GDP, our debt level still exceeds the 80-100% level when debt becomes a metastasized cancer, choking off economic growth. The latest Labor Dept statistics for the month of August are evidence of the metastasis: Employers added no net jobs and the jobless rate remains stuck at an official 9.1% (the unofficial unemployment rate is much higher, in double digits).
Evans-Pritchard concludes that not all debt should be demonized: “Used wisely and in moderation, it clearly improves welfare. But, when it is used imprudently and in excess, the result can be disaster. And disaster we have. We must prepare for a long hard slog, for the rest of my life and yours.”
Read the full op-ed, here.
Read the BIS report on the global debt problem, here.

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America At the Precipice

In a letter to James Madison in 1786, George Washington wrote that “No morn ever dawned more favorable than ours did; and no day was ever more clouded than the present! Wisdom, and good examples are necessary at this time to rescue the political machine from the impending storm.”
Those words are as true in 1786 as they are today.
We stand at the edge of a precipice and, whether or not we succeed in rescuing America from the abyss depends on what each of us — you and you and you and I — does.
The good news is that it appears that the American people finally recognize a very simple fact: Skippy is a commie!
A new Rasmussen Reports poll of 1,000 American adults found that a majority, 54%, believe Obama is more to the left than they are. (Another 26% don’t see much difference between their own ideology and his; and a lunatic fringe of 12% see Obama as more conservative than they are.)
But Obama — just like the communist party apparatchik of the former Soviet Union who preached socialism-communism but shopped in unmarked special stores for caviar and western blue jeans while the “proletarian” masses stood in long lines for milk and toothpaste — sure loves to surround himself with luxury.

For his reëlection campaign in the Midwestern cornbelt, Obama is traveling in a new luxury bus, with a $1.1 million pricetag. The bus had been purchased by the Secret Service, which means you and I and the other 53% of Americans who still pay income taxes. So what if America’s $16 trillion national debt now equals our GDP?
It’s an impenetrable-looking conveyance the size of a cross-country Greyhound, painted all in black, with dark tinted windows and flashing red and blue lights. To top it off, the bus was made in Canada!
And finally, by turning his back on Israel, Skippy is emboldening the Jew-haters in the Mid East.
Iran is itching to ignite the apocalypse. Iran’s chief military commander is ratcheting up the war rhetoric, warning Israel that its citizens should flee the Middle East or face annihilation, and threatening that “the heads of the Zionist government and Mr. Netanyahu should prepare themselves for the cage (prison).”
With so many awful people around the world, it is hard to choose  which one is the true Anti-Christ. So many candidates, so little time! But if that looney Mahmoud Ahmadinejad really fulfills his oft-stated promise to wipe Israel from the face of the Earth, we’ll know he’s the one.
~Siegfried & Eowyn

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Not Buying it Skippy…

Where do I begin with all the lies Bambi has told us?  He told us the stimulus package would cap unemployment at 8%.  He said the package would create shovel-ready construction jobs. The President later admitted that was a lie, jokingly saying  “There’s no such thing as shovel-ready projects.”
Obama pledged that transparency would be a top priority, but his administration refused to grant one-third of the Freedom of Information Act requests, according to an Associated Press analysis.  He also was dishonest about transparency when he said that health-care negotiations would be televised on C-SPAN and that he would wait five days to sign a bill so people would have a chance to read it online.
Skippy’s at it again…
Via The Hill: Yesterday Obama had this to say: “What I want the American people and our partners around the world to know is this: We are going to get through this. Things will get better and we are going to get there together.” Course that was before the S&P lowered our credit rating.
At this point, I’m not believing one word that comes out of Skippy’s mouth. You aren’t fooling anyone but yourself Mr. President.

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More Meltdown. US Postal Service May Default

Agence France Presse reports 15 hours ago that the US Postal Service warned on Friday that it could default on payments it owes the federal government, just days after the US government itself narrowly averted a default.

The government’s mail service said it lost $3.1 billion in the period from April to June, blaming “the anemic state of the economy” and the growing popularity of electronic communications over old-fashioned letters.

As a result of its mounting losses, the US Postal Service said it would not be able to make a legally required $5.5 billion payment in September to a health-benefits trust fund.

“Absent substantial legislative change, the Postal Service will be forced to default on payments to the federal government,” it said in a statement.

Read the rest of the article here.

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What Do Conservatives Do Now?

Yesterday, the disastrous so-called Budget Control Act of 2011 became law. The law increases the US debt limit by more than $2 trillion; promises spending cuts that include defense; and creates a Super Committee of 12 who can raise taxes and cut entitlements.
Many conservatives feel dismayed and discouraged. We’ve played, peacefully, by the rules. We formed or joined TEA (Taxed Enough Already) Party groups; blogged; wrote/called the White House and our representatives in Washington, DC; and dutifully trotted to the voting booths last November 2nd. Our efforts were rewarded with a historic midterm election that voted in a tidal wave of Republicans to state governorships, to the U.S. Senate, and to form a majority in the U.S. House of Representatives.
Despite all our efforts, the Republicans in the House caved in and approved the debt deal with Obama. And so, yesterday Obama signed the bill into law.
Adding to our disillusionment is the fact that 70% of the GOP freshman class had voted to support the budget deal, among them is Florida’s Allen West. Many of the turncoats had been elected last November with the support of the Tea Party movement whose major cause is precisely that of cutting federal spending and reducing deficits.
So what do we do now?
I asked the other writers of the Fellowship to do some brainstorming. Simply and starkly, there really are only three choices:
1. Continue to work within the system:
We redouble our efforts and get ready for the 2012 elections. We vote out the GOP turncoats; re-elect those Republicans who had voted against the debt deal (go here for their names); vote for a true conservative in the Republican presidential primary; and most important of all, get Obama out of the White House! On that last task, here’s a hopeful message from political maven Dick Morris:
2. Overthrow the present corrupt system and restore the Constitution:
That’s a move never to be taken lightly, not only because of the certain losses of life and property, but also because of the uncertainty of success. As best as I know, there is not even a whiff of serious disaffection, even less of rebellion, among the U.S. military. But without the backing of the military, or at least a part of it, attempting a second American Revolution is quixotic and suicidal.
3. Drop out of the system:
We hit the bastards in the wallet and do whatever we can to cut off the flow of cash to Washington. We stop spending other than absolute necessities; do cash only transactions; cut up our credit cards; get our money out of banks, or at a minimum out of global banks and into local banks and credit unions. We circle the wagons, protect the homestead, and go into survivalist mode.
Seriously though, how many of us can or will do that?
So in the end, I keep coming back to Option One: Work Within the System. Ask yourself these questions:

  • Is there more I can do, in labor and dollars, to get the right people into office?
  • Am I in good fighting shape — physically, mentally, spiritually — for the battle? If not, get in shape!
  • If I am able (financially, family-wise) and have the aptitude (knowledge and understanding of politics; public speaking) to run for public office, why am I not doing it? Whom am I waiting for?
  • If I feel besieged, what about those House Republicans who went against their leader, that spineless RINO John Boehner, and voted against the debt deal? If your Congressman/woman is one of the 66 Samurai, send them a “Thank You” note or phonecall! (go here for the names of the 66).

Lastly, do not give in to despair. That’s a sure way for our opponents to win.
There is always hope.
I welcome your suggestions, ideas, proposals.

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BREAKING…Senate Approves Debt Ceiling Increase

The die is cast. America goes down the tubes….
The US Senate just passed a deal struck between Republicans, Democrats and President Barack Obama to increase the US debt ceiling and avert a default. The bill passed the Senate by 74 votes to 26. Obama is due to speak shortly and then sign the deal into law. The bill raises the debt limit by up to $2.4 trillion from $14.3 trillion.
To read the rest of the news article, go here.
For a succinct explanation of why this is a bad bill, see “6 Things Wrong With the Debt Deal.”

More bad news (from Drudge):

REPORT: Fiscal Conservatives Barred from Spending Cuts Committee...
Adds $7 trillion…
Personal income stalls; spending drops, first decline since '09...

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