Comment

Comment by Timothy G Sparks on June 9, 2011 at 10:34am

Weiner is the poster boy for the Democratic politician. The whole philosophy of the progressive movement is a lie and they have to lie to implement it. They know it's a lie, we know it's a lie, and they know that we know it's a lie. Still they do it. Devoid of religion, unrestricted by morals, scruples & ethics, they are about amassing power to control the unwashed masses.  Our whole value sytem is held in contempt by these arrogant self serving degenerants. The fact he does not resign shows his utter disregard for the people he is serving. He is not much different than the rest of them, just the last to get caught. God help us.

Comment by Neil Bird on June 9, 2011 at 10:32am

It is apparent by their actions, not their words, that the current administration and people in power in Washington have no intention of doing the things necessary for the economy to recover and for America to prosper.

 

Read on.....

 

 MARTIN FELDSTEIN

The policies of the Obama administration have led to the weak condition of the American economy. Growth during the coming year will be subpar at best, leaving high or rising levels of unemployment and underemployment.

The drop in GDP growth to just 1.8% in the first quarter of 2011, from 3.1% in the final quarter of last year, understates the extent of the decline. Two-thirds of that 1.8% went into business inventories rather than sales to consumers or other final buyers. This means that final sales growth was at an annual rate of just 0.6% and the actual quarterly increase was just 0.15%—dangerously close to no rise at all. A sustained expansion cannot be built on inventory investment. It takes final sales to induce businesses to hire and to invest.

The picture is even gloomier if we look in more detail. Estimates of monthly GDP indicate that the only growth in the first quarter of 2011 was from February to March. After a temporary rise in March, the economy began sliding again in April, with declines in real wages, in durable-goods orders and manufacturing production, in existing home sales, and in real per-capita disposable incomes. It is not surprising that the index of leading indicators fell in April, only the second decline since it began to rise in the spring of 2009.

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Chad Crowe

The data for May are beginning to arrive and are even worse than April's. They are marked by a collapse in payroll-employment gains; a higher unemployment rate; manufacturers' reports of slower orders and production; weak chain-store sales; and a sharp drop in consumer confidence.

How has the Obama administration contributed to this failure to achieve a robust and sustainable recovery?

The administration's most obvious failure was its misguided fiscal policies: the cash-for-clunkers subsidy for car buyers, the tax credit for first-time home buyers, and the $830 billion "stimulus" package. Cash-for-clunkers gave a temporary boost to motor-vehicle production but had no lasting impact on the economy. The home-buyer credit stimulated the demand for homes only temporarily.

As for the "stimulus" package, both its size and structure were inadequate to offset the enormous decline in aggregate demand. The fall in household wealth by the end of 2008 reduced the annual level of consumer spending by more than $500 billion. The drop in home building subtracted another $200 billion from GDP. The total GDP shortfall was therefore more than $700 billion. The Obama stimulus package that started at less than $300 billion in 2009 and reached a maximum of $400 billion in 2010 wouldn't have been big enough to fill the $700 billion annual GDP gap even if every dollar of the stimulus raised GDP by a dollar.

In fact, each dollar of extra deficit added much less than a dollar to GDP. Experience shows that the most cost-effective form of temporary fiscal stimulus is direct government spending. The most obvious way to achieve that in 2009 was to repair and replace the military equipment used in Iraq and Afghanistan that would otherwise have to be done in the future. But the Obama stimulus had nothing for the Defense Department. Instead, President Obama allowed the Democratic leadership in Congress to design a hodgepodge package of transfers to state and local governments, increased transfers to individuals, temporary tax cuts for lower-income taxpayers, etc. So we got a bigger deficit without economic growth.

A second cause of the continued economic weakness is the president's emphasis on increasing tax rates. Although Mr. Obama grudgingly agreed to continue the Bush tax cuts for 2011 and 2012, his budget this year repeated his call for higher tax rates on upper-income individuals and multinational corporations. With that higher-tax cloud hanging over them, it is not surprising that individuals and businesses do not make the entrepreneurial investments and business expansions that would cause a solid recovery.

A third problem stems from the administration's lack of an explicit plan to deal with future budget deficits and with the exploding national debt. This creates uncertainty about future tax increases and interest rates that impedes spending by households and investment by businesses. The national debt has jumped to 69% of GDP this year, from 40% in 2008. It is projected by the Congressional Budget Office to reach more than 85% by the end of the decade, and to keep rising after that. The reality is even worse since ObamaCare alone will cost more than $1 trillion in its first 10 years. The president's boast that his health legislation would not "add a dime" to the national debt was possible only by combining that increased spending with proposed new taxes and with projected cuts in Medicare spending that will never occur.

Finally, there is the administration's incoherent position on the international value of the dollar. The Treasury repeats the slogan that "a strong dollar is good for America" while watching the real value of the dollar fall by 7% over the past year, and while urging the Chinese to allow the dollar to fall more quickly relative to the yuan. The lack of a consistent dollar policy adds to the uncertainty that limits business investment and hiring.

The economy will continue to suffer until there is a coherent and favorable economic policy. That means bringing long-term deficits under control without raising marginal tax rates—by cutting government outlays and by limiting the tax expenditures that substitute for direct government spending. It means lower tax rates on businesses and individuals to spur entrepreneurship and investment. And it means reforming Social Security and Medicare to protect the living standards of future retirees while limiting the cost to future taxpayers.

All of these things are doable. But the Obama administration has not done them and shows no inclination to do them in the future.

Mr. Feldstein, chairman of the Council of Economic Advisers under President Ronald Reagan, is a professor at Harvard and a member of The Wall Street Journal's board of contributors.

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Comment by Joe Wright on June 9, 2011 at 9:47am

Speaking of George Soros:

Soros advises Obama to use forceful measures to override the will of the people

By Ed Lasky for American Thinker

George Soros funds the Center for American Progress, which has been characterized as Barack Obama’s Ideas Factory. John Podesta, its head, led the transition team when Barack Obama became President. The Center has also become a hiring hall for the Obama team, filling its positions with former employees (among these was controversial Van Jones — who now is back at the Center).

Apparently, George Soros and his Center are upset that the American people placed a roadblock in their plans when we rose up and painted the nation red. The Center now is providing a blueprint of ways Barack Obama can do an end run around the people’s will by resorting to methods that will strike many of us as being improper-to say the least. Relying on executive orders, interpretation of regulations, rule -making and the like they are collectively a recipe for even more power being assumed by President Obama.

From Tuesday’s Politico Playbook:

[The] Center for American Progress today is releasing a report, “Power of the President,” proposing 30 executive actions the president can take to advance progressive change in the areas of energy, the economy, health care, education, foreign policy, and national security. “The following authorities can be used to ensure progress on key issues facing the country today: Executive orders, Rulemaking, Agency management, Convening and creating public-private partnerships , Commanding the armed forces, Diplomacy.

The New York Times fleshes out these proposals with some suggestions about policy changes across the board. The ideology of George Soros shines through the Center’s report as it justifies this forceful approach to circumvent Congress when it states that:

[The] legislative battles that Mr. Obama waged during his first two years – notably on health care and financial regulatory reform – have created a weariness among the general public with the process of making laws. And it hints it has not helped Mr. Obama politically in the process.

In other words, when Congress passed a variety of laws Americans became dismayed by the horse-trading and bribes that were resorted to by Democrats to impose these policies on us. Instead of compromise and listening to the American people, Soros counsels that more forceful measures should be used to override the will of the American people.

And this is the man the Democratic Party has as their sugar daddy and who various Democratic leaders over the years have defended and praised (for example, as shown by this letter from 11 Democratic lawmakers).

He is certainly a dictatorial daddy.

Comment by Joe Wright on June 9, 2011 at 9:30am

“He therefore is the truest friend of the liberty of this country who tries most to promote its virtue, and who, so far as his power and influence extend, will not suffer a man to be chosen into any office of power and trust who is not a wise and virtuous man…The sum of all is, if we would most truly enjoy this gift of Heaven, let us become a virtuous people.”

Declared by Samuel Adams following the signing of the Declaration of Independence.

Comment by Christy on June 9, 2011 at 9:20am

Great article Billie.  What we need is for citizens to write, demand legislation to put in place the means to oust these perverts and elect (maybe) rep's that r not perverts.  Just keep in the in and out going till a decent human being is elected and serves without abusing our tax dollars for their perversions.

Comment by ACT Jacksonville on June 9, 2011 at 9:09am

Comment by ACT Jacksonville just now

Delete Comment

Billie,

 

What a brilliant comparision of the state of America!  I hope this circulates to every leader and pray the lord will continue to shine light on their evil ways and begin to convict them for their actions.   I pray for godly men of character to stand up and run for office and that the eyes of American's every where are opened to the reality we can not remain a republic without our Judeo Christian values...just as our founders and signers of that great document on July 4th articulated.

 

I pray we, in this movement begin to APPLY FIRM AND LOVING PRESSURE on our CHURCH LEADERS to be more vocal and active in the poltical sphere, as the where during our founding and, which is a GOD given Duty.  

 

When we as Christian do not take a stand and place godly men in office it leaves a void.... one which will be filled.   As so eloquently stated in this blog...... Often with darkness and evil, rather than light and goodness.  Instead of moral and courageous leaders we get corrupt and self serving leaders.

 

Apathy, Politcal Correctness, and misguided Tolerance and understanding of our founding CHRISTIAN LEADER, by our currtent Church Leaders and most in the pews has allowed America to reach a state of debachery as never experience in our great history. 

 

We are at the precipice.....  As influential as the TEA Party Movement has been in effecting change.... we can not do it in "2012" without the God ......AND....  AND.... AND.... the CHURCH standing and ACTING as Christians and doing our Christian DUTY!     Because we are in spiritual warfare between good and evil.... we have seeing the effects of the absense of Salt and Light!

 

Let us embark on a campaign to be bold in our OUTREACH to our local churches cause a spritual awakening to our true heritage and nature starting today!!!!!

 

God Bless you for leadership!

Randy McDaniels

ACT for America - Jacksonville Chapter

Comment by Karen M on June 9, 2011 at 8:37am

Your right Neil....my husband just reminded just a couple of days ago what Spooky dud said, "The main obstacle to a stable and just one world order is the United States."  I just wish someone in D.C. would stand up and tell the America citizens what is coming.  We can handle it!

 

Herman Cain did a great job last night!  Jump on the Cain train........

Comment by BUDDY on June 9, 2011 at 8:24am

Lets don’t forget Newt Gingrich.  A draft dodger that has been married three times. He first married Jackie Battley, his former high school geometry teacher, when he was 19 years old, and she was 26 years old. They had two daughters. The couple decided to divorce after Gingrich told his wife of his extra-marital affair while she was recovering from cancer surgery In 1981, six months after his divorce was final, Gingrich wed Marianne Ginther.He remained married to Ginther until 2000, when they divorced. Shortly after his second divorce, Gingrich married Callista Bisek, who is 23 years his junior. He began his relationship with Bisek while he was still married to his second wife. Ironically, this extramarital affair started during the Congressional investigation of Bill Clinton's perjury relating to his affair with 23-year-old intern, Monica Lewinsky, which led to Clinton's impeachment.
Gingrich also had 84 indictments against him, and now he wants to run for President in 2012. ha ha!!
Thomas Jeffersononce said. Where the people fear the government you have tyranny. Where the
government fears the people you have liberty.

 If you believe that your vote is going to make a differance, then ignorance is indeed a disease and
so is being naive.

Comment by Neil Bird on June 9, 2011 at 8:17am

George Soros, one of "them" has said," The main obstacle to a stable and just one world order is the United States."

 

So apparently they want a "stable and just one world order", and to get it, it is necessary to diminish the influence of the U.S. in the world. The way to do that is to make the U.S. weaker. To do this, they sabotage the ability of the U.S. to be prosperous and affluent. If the U.S. is weak economically and financially, it will be weak militarily and in other ways. It's diplomatic influence and economic clout will be diminished.

 

If our leaders want this, they should say so and let's have the open debate and let the voters decide. But, they do not do this for obvious reasons.They conceal their intentions and deceive us. We vote with the natural assumption that these people have the best interests of the American people first and foremost, but I am afraid that this is not the case. They have another agenda.

Comment by Joe Wright on June 9, 2011 at 8:14am

Billie, you are right on.  I believe you and all of out fellow Tea Party folks would enjoy listening to Dr. Manning's interview with Rev. Rick Wiles.  We are truly in perilous times.

http://atlahmedianetwork.org/?p=15463

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