Archive for the ‘Economy’ Category
March 1st, 2009
After passing one of the biggest spending bills ever, and after proposing tax hikes for employers and producers, Obama now thinks that nearly $1Billion of your taxpayer dollars to the palestinians. I would say this defies logic, but then again, we are dealing with Obama and democrats here.
“Secretary of State Hillary Clinton, arriving in Egypt late today, prepared to announce more than $900 million in aid to the Palestinians as she wades into the Middle East conflict that President Barack Obama has made an early diplomatic priority.”
It’s time for a full impeachment of Obama and the Senate. We cannot stand around any longer while our future is handed to foreigners.
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February 27th, 2009
Is there anybody out there aside from the socialists who really think Obama knows what he’s doing when it comes to the economy?
From the Chamber of Commerce:
WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President for Government Affairs Bruce Josten today issued the following statement on the Obama administration’s proposed budget:
“While we have not seen all the details, the president’s disappointing budget proposal appears to move in exactly the wrong direction. More taxes, heavy-handed regulations, and command-and-control government will not hasten recovery. Instead, it will delay it and do so at a terrible cost to taxpayers, businesses, and working families.
“You don’t build a house by blowing up its foundation. Small businesses and the entrepreneurs who lead them have been the primary drivers of job growth over the past decade. This plan would punish them with higher taxes, resulting in less government revenue, less economic growth, and fewer jobs—not more.
“If the administration wants to spend a record $3.6 trillion and run up a $1.75 trillion deficit this year alone, we need a good return on that money. This budget proposal doesn’t provide it. We strongly support financial aid to our citizens who are hurting now, but a ‘taking from Peter to give to Paul’ strategy won’t work for long. It upsets Peter and doesn’t equip Paul with the tools he needs to become a productive member of society. That’s why we hope that the administration’s plans for energy, infrastructure and education reform—once fleshed out—will help our most disadvantaged citizens to lead more productive and prosperous lives.
“Since the onset of this financial crisis, the U.S. Chamber has said that every proposal must be judged on whether or not it speeds economic recovery. By those measures—and many others—this budget proposal fails. And while we recognize and support more government involvement in the economy to help address our worst economic crisis since the Great Depression, we can’t forget that real growth comes from the doers, dreamers, and risk takers who run America’s millions of small businesses. If we take away their incentives to take risks, grow, and succeed—as this budget does—we will be unnecessarily shooting ourselves in the foot.”
The U.S. Chamber is the world’s largest business federation representing more than 3 million businesses and organizations of every size, sector, and region.
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February 26th, 2009
The “Tea Party” protests are popping up all over America, with Americans coming out to make their voices heard against government waste, so-called stimulus bills, and socialism.
A bunch of events are already scheduled, and WND has put together a list that I wanted to share.
Go to the link below to see the list of cities, dates, and times for your local event.
Link: http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=90055
February 22nd, 2009
How can he even say any of this with a straight face?
“Republican governors reacted skeptically Sunday to news that President Obama plans to halve the record budget deficits to more than a half trillion dollars by 2013, the end of the current presidential term.
Minnesota Gov. Tim Pawlenty told “FOX News Sunday” that the markets reacted badly to the $787 billion stimulus bill signed into legislation this past week — the market is now down more than 41 percent off its mark of one year ago — and it’s only going to get worse if the president raises taxes.
Pawlenty said if voters think raising taxes will solve the deficit, he’s got “hunting land for you in northern Minnesota.”
After pushing a bogus “stimulus” bill that will cost trillions of dollars, Obama actually comes out and says he wants to reduce the deficit. These people are just too much.
However, we know the real reason behind this, and it’s simply the first way to raise taxes. Raising taxes on producers and employers during a recession is just stupid. It will guarantee more job losses, and that is something we can’t afford in the Obama economy.
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February 21st, 2009
Obama’s buddies at ACORN, now funded by the federal government and his “stimulus” plan, are now breaking into foreclosed homes in a media stunt. Hopefully charges can be filed and these thugs will be jailed.
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February 21st, 2009
Over the past week since Obama signed the pork-laden and bogus “stimulus” bill, the stock markets have tanked. Since Obama was elected, the market has lost over 2000 points, something you might not have known, but lets remember if it was a republican it would be breaking news all day.
Has the market bottomed out? Who knows? With more government spending on the way, and more useless entitlement programs, the market is in danger of an even bigger fall. It obviously has no confidence in the U.S. leadership, and rightly so.
February 17th, 2009
Obama is set to fly to Denver today to sign the Porkulus bill, which was pushed by Obama to be passed without giving time for lawmakers and the public to review it. So much for that “transparency” in government nonsense we heard.
As usual the media is praising Obama, and refuse to report about the facts of this bill and how it’s entire conception was a fraud. Check out this snippet from the AP.
“The president will sign the stimulus bill into law in Denver today suggesting that he will continue taking his economic message to the American people, who are giving him high marks for handling the crisis. The symbolism is obvious for Colorado, where a growing green-energy industry will draw major benefits from the stimulus. “
Of course the AP isn’t reporting on how the majority of people are against this bill, and no mention of how Obama himself pushed for last minute additions to benefit industries he has dealings with.
Latest polling is showing Obama’s support falling, and his disapproval rising, no surprise really since even some of his supporters are finally realizing they were conned into voting for this fraud.
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February 13th, 2009
Good for them for finally standing up against this wasteful spending. It also seems the Porkulus bill was passed, even though the democrats who supported it, didn’t even read it. Hope and change, right?
The best thing I read tonight is how Obama wants to now focus on the deficit. Is this some kind of joke. He pushes for a huge spending bill which most economists say won’t do anything but get us further into debt, and now he claims to want and reduce the deficit?
You know what this really means? Tax increases are coming. Just wait.
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February 12th, 2009
Is there anyone who really supports this nonsense?
From the GOP Leaders blog:
1. Generational Theft. The final agreement will cost each and every household more than $6,500 in additional debt, paid for by our children and grandchildren.
2. Paltry Tax Relief for Working Families and Small Businesses. The “Making Work Pay” tax credit at the center of the plan amounts to $1.10 a day, not even enough to ride the bus one-way to work. According to the Associated Press, “Officials estimated [the bill’s tax relief provisions] would mean about $13 a week more in people’s paychecks when withholding tables are adjusted in late spring. Critics say that’s unlikely to do much to boost consumption.” (Taylor, Andrew; “Economic stimulus package on track for final votes,” Associated Press, 12 Feb 09). While the specifics remain unknown, it appears likely that tax relief to help small businesses — the primary engine of American job creation — represents even less of a share of the final tax package, and it had been only a tiny percentage of the overall package to begin with.
3. Massive Government Expansion. The final agreement is almost as much as the annual discretionary budget for the entire federal government.
4. A Trillion-Dollar Spending Bill. The $789.5 billion final agreement slated for a House vote either today or tomorrow will exceed more than $1 trillion when adding in the interest of approximately $300 billion between 2009-2019.
5. Unnecessary Spending That Won’t Create Jobs. Apparently included in the final “jobs” bill is money for plug-in vehicles, money for STD prevention, and money for ACORN (via the Neighborhood Stabilization Program and CDBG program). The final agreement also creates new programs and funds existing programs that can be used to fund earmarks and pork-barrel projects.
Remember to keep calling and tell them NO on this waste of money.
February 11th, 2009
This is the attitude that America faces today. A nation that is being filled with people who want everything for free, everything given to them by government. Take a look at the Obama revival yesterday in Ft. Myers where people were shouting “we love you, Barack”. I mean seriously, what has happened to our country.
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