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The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Archive for the ‘Obama and Congress Post Inaugration’ Category

Hey Obama! What Jobs Bill??

Posted by iusbvision on September 9, 2011

[Editor’s Note: Obama has Jimmy Hoffa and Trumka out there trashing people, has the Congressional Black Caucus out there race bating, has MSNBC doctoring Rick Perry videos, all on HIS behalf and he comes out after yet another of his umpteen vacations saying that we need to rise above politics & we have to do this NOW NOW NOW; yet he has proposed no bill. He asks that the rich pay their “fair share” except for buddies Buffet, GE, and the others who earn income in ways that are exempted from the wage earner rate that he wants to raise.

He wants another half a trillion stimulus package, after he promised us that not one dime of the first one would be wasted and yet the billions of wasted dollars are still being tallied such as gay sex studies in South America, billions invested in solar panel companies that took the money and then vanished, billions into Chinese companies and make work projects for unions who give the Democrats kick backs. 

What happened to the $2.5 trillion that was just handed to him in the so called budget ceiling increase deal he just got? What happened to ‘The stimulus is working we just need more time for it to work’, ‘recovery summer’ and all that?

 

WHAT Jobs Bill?? Is this another case that we have to pass the bill before we are allowed to see it? The last one that was passed like that had three multi-billion dollar slush funds hidden in it. No more.

Remember this?

Republicans Find Multi-Billion Dollar Slush Funds Hidden in ObamaCare Bill – UPDATE: PolitiFact, FactCheck, WashPo Fact Checker, Heritage All Confirm

Democrats Drop 2000 Page 1.1 Trillion Spending Bill in Hopper at Last Minute – UPDATE – Democrats pull bill from floor after outrage

And this?

Boehner: Here we are with an 1,100 pages that not one member has read this not one! When happened to the promise that we were going to let the American people see what was in this bill?!

Boehner goes nuclear when he finds out that language was illegally inserted into the bill at the last minute giving the AIG execs big bonuses with our money. You see they were big contributors to Senator Chris Dodd (D-CT)

Democrats break transparency promise again; Boehner chews out Henry Waxman for dropping a 300 page amendment to energy tax bill in the hopper at 3:09 am (so that no one could read it).

Posted in 2012, Chuck Norton, Click & Learn, Obama and Congress Post Inaugration | 1 Comment »

“You Lie!” Congressman Joe Wilson: I’ve Been Proven Correct

Posted by iusbvision on August 17, 2011

See the video at the following link:

http://www.realclearpolitics.com/video/2011/08/17/you_lie_congressman_i_was_right.html

Remember in 2009 the Congressman who yelled “you lie” at President Obama during an address to both Houses of Congress?

Obama claimed that his health care reform plan (now called Obamacare) would not allocate money for illegal immigrants.

According to Rep. Joe Wilson (R-SC), the Congressman who yelled out at Obama, nearly $8.5 million has been set aside for “seasonal farm workers.” Wilson says this group is made up of at least 25% illegal immigrants according to the Pew Research Center.

Now the Congressman says he was right. “It is clearly providing money that should be going to American citizens to illegal immigrants,” Rep. Wilson told FOX News today.

Posted in 2012, Chuck Norton, Click & Learn, Is the cost of government high enough yet?, Lies, Obama and Congress Post Inaugration | Leave a Comment »

S&P Downgrades US Credit Rating. Sends Message to Cut Spending. – UPDATED: Talking Points Debunked!

Posted by iusbvision on August 5, 2011

Note: be sure to see more updates below

UPDATE II – Bachmann calls for Tim Geithner’s resignation:

This will affect you.

Moody’s said it was going to hold off for a while but after this they may follow suit.

Unsecured credit will be more expensive. This means those who use short-term loans such as farmers, import/exporters etc will pay more. It means that interest the USA pays on the debt will go up, costing up to $110 billion a year and there will be other impacts.

[Note: This was released late on a Friday night. Releasing at this time skips the weekday news cycle and my Monday there will be other big news to report. As a result most people will not see this in the news therefore it will have less of an effect on Obama.] 

FLASHBACK: ‘No risk’ USA will lose its top credit rating, says Treasury’s Geithner…

S&P

PDF

· We have lowered our long-term sovereign credit rating on the United States of America to ‘AA+’ from ‘AAA’ and affirmed the ‘A-1+’ short-term rating.

· We have also removed both the short- and long-term ratings from CreditWatch negative.

· The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics. · More broadly, the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges to a degree more than we envisioned when we assigned a negative outlook to the rating on April 18, 2011.

· Since then, we have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of Congress and the Administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government’s debt dynamics any time soon.

· The outlook on the long-term rating is negative. We could lower the long-term rating to ‘AA’ within the next two years if we see that less reduction in spending than agreed to, higher interest rates, or new fiscal  pressures during the period result in a higher general government debt  trajectory than we currently assume in our base case.

The message is clear, the cuts are not good enough, and if we spend more than the current cuts (which are actually not cuts at all but planned decreases in the increase of spending) we will get lowered again. As IUSB Vision readers are well aware, we have a history of enacting spending cuts down the road that are reversed by a later Congress.

Our revised downside scenario–which, other things being equal, we view as being consistent with a possible further downgrade to a ‘AA’ long-term rating–features less-favorable macroeconomic assumptions, as outlined below and also assumes that the second round of spending cuts (at least $1.2 trillion) that the act calls for does not occur.

Expect Democrats to read the first point and say, “See it fell short because we did not increase taxes” but as you can see point five makes it crystal clear. S&P is not threatening our rating if tax rates drop or stay the same, they are threatening to lower us again if we spend more than we say.

We must not forget that the Democrats rejected every that had a real shot of preserving AAA. This latest calamity is very solidly in the Democrats responsibility. I know that leftist partisans will reject that fact, but to them I ask, what plan did the Democrats put up that had a shot of preserving AAA? The Democrats did not put up even one plan that would bring us to the point where we just stopped having yearly deficits  even ten years down the road.

Granted the GOP could have fought for a slightly better deal, but the government cannot be controlled from just one House of Congress. This is why elections matter.

The S&P Report linked in the PDF above continues to say that there have only been modest reductions in intended discretionary spending and that the real problems of Medicare and other entitlements have not been addressed. The GOP has put forward a plan that will work, the Democrats have been promising to come out with an entitlement reform plan but have reneged.

We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process. We also believe that the fiscal consolidation plan that Congress and the Administration agreed to this week falls short of the amount that we believe is necessary to stabilize the general government debt burden by the middle of the decade.

Washington Post:

Analysts say that, over time, the downgrade could push up borrowing costs for the U.S. government, costing taxpayers tens of billions of dollars a year. It could also drive up interest rates for consumers and companies seeking mortgages, credit cards and business loans.

A downgrade could also have a cascading series of effects on states and localities, including nearly all of those in the Washington metro area. These governments could lose their AAA credit ratings as well, potentially raising the cost of borrowing for schools, roads and parks.

UPDATE – Here are the talking points from the NYT and Paul Krugman in reaction to this. Quite frankly their response is a joke and is designed to fool people who are not trained in economics.

It was S&P that had Lehman Brothers rated AAA just a month before they went bankrupt.

The truth: the overwhelming majority thought that the Fannie Mae/Freddie Mac junk paper and the credit default swaps that insured them were backed up by the US Government, and they were, as this was what most of the bailouts were about, but the government decided to pick winners and losers as to who would get bailed out and who would not.

AIG got bailed out in large part so that it could pay Goldman Sachs who it owed a massive amount of cash. Lehmen Brothers did not get bailed out, by and large because they were Goldman Sachs biggest competitor. All too often Bank A would apply for bailout and so would Bank B; Bank B would get bought out by Bank A using TARP funds and then Bank A would give a large donation to ACORN or another Democrat ally.

This is why so many smaller banks got bailout while Lehman Bros was allowed to collapse arbitrarily and capriciously.

JP Morgan/Chase Bank gets bailout money – gives $5 million to ACORN

Top Lobbying Banks Got Biggest Bailouts

How Goldman Sachs gained from bailout of AIG

Goldman Sachs Wins Big In Secret Bailout Via AIG

It was S&P that rated AIG’s credit default swaps as rock solid investments.

The truth: and the US Govt bailed them out and the credit default swaps were paid, just as almost everyone expected would happen, so yes indeed they were pretty solid, they got overextended and the claims could not be paid, so you and I paid them and the Goldman Sachs of the world made megabucks.

Of course, if Fannie Mae had not engaged in the behavior it did; buying high risk loans, pushing banks to issue more high risk loans, issuing junk investments based on those loans, and long term massive internal corruption, all while it was being given total cover by Barney Frank, Chris Dodd, and Barack Obama and Paul Krugman defended them with the zeal of a defense attorney.

The Democrats Financial Regulation Bill doubled down and reimplemented the exact same government policies that started the ball rolling towards mortgage collapse in the first place, e.g. the government forcing banks to give out high risk loans in inner cities. Paul Krugman supported that legislation and this policy and does to this day.

Subprime Mortgage Crisis #2 in the Making?

It was S&P that admitted to making a $2 trillion accounting error (remember, playing with numbers is their core business and reason for being) in advance of the downgrade of U.S. debt.

The truth: and the Dept. of Education has lost over a billion dollars and has no idea where it went, all in all this adds up to a colossal “so what” as is explained further below.

A downgrade in U.S. debt means functionally that U.S. treasury bills are, in S&P’s oh-so-wise opinion, less trustworthy and a greater credit risk to investors. This comes only a day after investors fled the DOW and S&P500 into the safe and waiting hands of…you guessed it: U.S. treasuries. The same treasuries that S&P suddenly finds a more dangerous buy. So what does that say about the stock market, and the S&P500? Perhaps S&P might wish to re-evaluate the credibility of its own market index. 

The truth: with every plan to lead to a balanced budget rejected by Democrats for as long as the eye can see, it is a crystal clear message that the government, as long as Democrats are in power, has no intention to pay off the debt, ever. If you don’t think that this makes our Treasury Bills less secure than you are likely smoking something you shouldn’t be.

History has shown that when a nation’s deficits exceed 100% of GDP its currency and credit have a rapid collapse. It happened to Greece as it approached 120% of GDP. It is predicted that it will soon happen to Spain. If you think it cannot happen here please see the previous paragraph.

None of the other ratings agencies are taking the drastic step that S&P has. S&P is all alone in their move to downgrade U.S. credit.

The truth: There is nothing drastic about it, both S&P and Moodys have warned since 2009 that this would happen if the United States continued to burrow like this. They both put out warning after warning. I have written about those warnings and so has the elite media. Moody’s will likely follow suit in a matter of months. Mini-UPDATE – This talking point is a LIE. Egan-Jones Rating Agency downgraded the USA to AA+ on July 16, 2011.

Moody’s Warns, US and UK Closer to Losing AAA Credit Rating

Moody’s to USA: Change Course on Deficit Spending By Mid-July or Else…

When all is said and done, U.S. treasuries are still the safest investment in the world, and it would take either an idiot or someone with a strong political agenda to contend otherwise.

The truth: and that is why so many countries are dumping our debt and buying Gold, Euros, oil futures, etc.  Why? The economic policy the Democrats and the Federal Reserve is following reduces the value of the dollar so that the dollars we pay back are worth far far less than the dollars the government burrowed.

The investments are safe IF you consider the mass printing of money to pay those bills and service the debt to be just fine. What good is a 4% interest long-term T-Bill when the dollar loses twice that plus in inflation/devaluing?

China alarmed by US money printing  [Note: We have many  links like this, This one is from 2009. The recent ones are more strident] 

As is often the case Paul Krugman’s talking points that are nothing but a pack of mostly irrelevant half-truths (read lies as half-truths are just lies designed to paint a false picture).

Lastly, it does not matter what you or Paul Krugman things of S&P and Moodys. Slandering them will not change the fact that the interest we pay on debt will go up, local governments will see a major impact, those who use unsecured debt such as seasonal loans for farmers, import/exporters etc will have to pay more and the credit markets will freeze up even worse than they are now. All of this will cause inflation that impacts the poor the most.

It has been well reported that the markets have expected this and have been bracing for it for months so that the impact would not be as immediate, but even the markets meltdown of the last 10 days is an indicator as the market has not behaved like it has of late since Jimmy Carter.

Not since Jimmy Carter! Dow’s losing streak now in ninth day.

So if S&P is so “out there” why would the markets have been preparing for this as expected?

Investors scramble to position for expected downgrade

UPDATE III – Rick Santelli understands basic economics, Ezra Klein does not (what a shock). Listen to what Ezra Klein calls for policy wise. Did you catch it?

UPDATE IV – CHINA: ‘Good old days’ of borrowing are over…

UPDATE V: The latest spin and talking points from the left as of Saturday, August 6.

It amazes me how dishonest the far left will go to paint a false picture. The latest tactic is to snip out every instance of revenue from the S&P report and present it as if the credit rating was lowered because the GOP would not raise taxes.

In essence this is the leftists case –

Blaming the Republicans (Tea Party):

“We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process.”

“The political brinksmanship of recent months highlights what we see as America’s governance and policymaking becoming less stable, less effective, and less predictable than what we previously believed.”

 Tax Increases Needed:

“It appears that for now, new revenues have dropped down on the menu of policy options.”

“The act contains no measures to raise taxes or otherwise enhance revenues, though the committee could recommend them.”

“..if the recommendations of the Congressional Joint Select Committee on Deficit Reduction–independently or coupled with other initiatives, such as the lapsing of the 2001 and 2003 tax cuts for high earners–“

Here are  a couple of opinion pieces in the elite media taking that spin:

Is the U.S. Credit Rating a Victim of GOP Sabotage? –  http://finance.yahoo.com/b​logs/daniel-gross/u-credit​-rating-victim-gop-sabotag​e-021622372.html

Downgrade turns up heat on Congress – http://money.cnn.com/2011/​08/05/news/economy/downgra​de_congress/index.htm?hpt=​hp_t2

First of all, the attempt to spin the S&P report as a slam on the GOP is debunked by the text of the report itself:

Standard & Poor’s takes no position on the mix of spending and revenue measures that Congress and the Administration might conclude is appropriate for putting the U.S.’s finances on a sustainable footing.

Second, S&P uses the word revenue several times in the report, but in context they make it clear that what they want to see  is a plan that cuts spending with the cuts actually happening, and any revenue enhancing plan actually enhance revenue. Here is the rub, when non-partisan economic realists use the word revenue, this does not always means raising tax rates on wage earners and small businesses as the Democrats define it.  There are a number of ways to raise revenue. For example when Bill Clinton signed off on the Newt Gingrich/John Kasich budgets in the late 1990’s this included a temporary reduction in the capital gains tax rate.

In 1997, the Republican Congress passed a tax-relief and deficit-reduction bill that was resisted but ultimately signed by President Clinton. The legislation:

  • Lowered the top capital gains tax rate from 28 percent to 20 percent
  • Created a new $500 child tax credit
  • Phased in an increase in the estate tax exemption from $600,000 to $1 million

And we all know what happened, government revenues shot up in a big way and we actually had a deficit free year.

President Bush and the GOP used this same strategy to increase revenue after the Clinton/Gingrich/Kasich capital gains tax cut expired.

Reducing the capital gains tax rate from 20% to 15% increased capital gains tax receipts by 79% from 2000 to 2004. Cutting the dividend tax rate by more than half–from 39.6% to 15%–increased dividend tax receipts by 35% from 2002 to 2004. And corporate tax receipts have nearly tripled since 2003, reaching $250 billion for the past nine months, 26% higher than the same period last year. (WSJ July 25, 2006)

———

For anyone willing to read it, the January 2007 Congressional Budget Office annual report settles any debate. Citing the original CBO forecasts of capital gains tax revenue of $42 billion in 2003, $46 billion in 2004, $52 billion in 2005, and $57 billion in 2006, Democrats who opposed the rate reduction in 2003 claimed that the capital gains tax cut would “cost” the federal treasury $5.4 billion in fiscal years 2003-2006.

Those forecasts were embarrassingly wrong. The 2007 CBO report revealed that capital gains and dividends tax collections were actually $51 billion in 2003, $72 billion in 2004, $97 billion in 2005, and $110 billion in 2006, the last two years nearly doubling initial forecasts.

In other words, forecasts in earlier CBO reports were low by a total of $133 billion for the four-year period. (Am Thinker September 11, 2010)

By lowering the rate we increased the revenue. Why is that?

It is the same reason that the Obama Deficit Commission, which was totally ignored by the Democrats, said that the best way to increase revenue is to lower the tax rates, including the corporate tax rate, make the progressive taxes flatter, reform the tax code so that it is easier and less expensive to comply with. Their reasoning is simple, the expense of compliance causes people to resist the tax code, or to often avoid taking action that will be taxable. High tax rates encourage people who have disposable assets/income to just park their money in such a way that it is not taxed.  The money just sits there, or is invested in gold, or in China, or is sheltered. This is why “tax the rich schemes” actually transfer the tax burden to the lower middle class and accomplish exactly the opposite of their stated intent. For explanations in great detail of why that is examine the following LINK. Also the tax increase plan put forth by the administration does not target the millionaires and billionaires hardly at all, but guess who it will impact the hardest – LINK?

There are two more ways that this report has been spun. They quote this section of the report on page four:

Our revised upside scenario–which, other things being equal, we view as consistent with the outlook on the ‘AA+’ long-term rating being revised to stable–retains these same macroeconomic assumptions. In addition, it incorporates $950 billion of new revenues on the assumption that the 2001 and 2003 tax cuts for high earners lapse from 2013 onwards, as the Administration is advocating.

But here is what the left leaves out; immediately above those lines it says the following:

Key macroeconomic assumptions in the base case scenario include trend real GDP growth of 3% and consumer price inflation near 2% annually over the decade.

So what does that mean in English? It means that IF we have a REAL GDP growth of 3% steady and inflation stays below 2% a tax increase can work. But you see that is the problem, those are BIG ifs. Real GDP growth is under 2% and close to 1% in the private sector. Inflation, when measured with the same formula that was used under Carter/Reagan is at almost 10%. This figure also assumes that growth will not be impacted by such a tax increase, and since small businesses and upper middle class wage earners would get hit hardest by the Administration’s proposed tax increase (as we demonstrated above) the impact on economic growth would be substantial.

Some, like the economically incompetent and flamboyantly partisan Daniel Gross who writes in the Yahoo Finance column linked above, simply engage in the most dishonest demagoguery imaginable:

It has long been obvious to all observers — to economists, to politicians, to anti-deficit groups, to the ratings agencies — that closing fiscal gaps will require tax increases, or the closure of big tax loopholes, or significant tax reform that will raise significantly larger sums of tax revenue than the system does now. Today, taxes as a percentage of GDP are at historic lows. Marginal rates on income and investments are at historic lows. Corporate tax receipts as a percentage of GDP are at historic lows. Perhaps taxes don’t need to rise this year or next, but they do need to go up in the future.

Otherwise, the math of deficit reduction simply doesn’t work. And that’s how the deficit reduction deals signed off on by Republican presidents like Ronald Reagan and George H.W. Bush came about.

Yet the action in Washington in the past year has all gone in the opposite direction. President Obama deserves some of the blame. Several months ago, he struck a deal with Congress to make the fiscal situation worse — extending the Bush tax cuts for two more years and enacting a temporary cut in the payroll tax.

 

Wow it sounds horrible doesn’t it? Can we just tax ourselves into prosperity or is there something missing from Mr. Gross’ assessment?

Today, taxes as a percentage of GDP are at historic lows

That is because government spending as a percentage of GDP is at historic highs. The way that GDP is calculated the formula (which is greatly flawed but that subject is a 40 page term paper) adds governments spending to all private sector consumer, investment, exports minus imports, and capital goods spending – so when government spending goes up by 80% and the tax rates stay the same the percentage of the tax rate to GDP drops. If you simply compare the private sector part of the equation to how much is taxed that paints quite the opposite picture. So in essence, the more the government prints, burrows and spends, the lower it pushes that tax to GDP ratio. In 2007 the yearly deficit was a measly 198 billion, whereas last year just the yearly deficit approached $2 trillion – an increase by a factor of 10.  2010 YEARLY DEFICIT: $2.08 Trillion. That is 10 times higher than the last year Republicans had budgetary control.

Marginal rates on income and investments are at historic lows.

In the 1950’s the top marginal tax rate was 90% and after 1964 the trop marginal rate was lowered to 70% by JFK. So this appears to be true, or is it? Here is what he forgot to tell you. Back in those days almost every transaction was a cash transaction. It is very easy to keep cash transactions off the books and they did not have computers tracking things like we have today. The simple fact is that there was massive tax noncompliance. If you were going to have to pay 90% tax on doing a business transaction why would you do it? People just cheated and did not report many of their transactions. Much of the private sector did this as a matter of survival to stay competitive. The fact is that we pay much more now than we did before because compliance is much higher than it was back then. Also Mr. Gross looks at only two taxes, the wage rate and the capital gains rate, but how many other taxes are there now which we did not have back then? There are hundreds of smaller other taxes now of phones, internet, etc and this list could go on forever. There is a great deal of direct inflation cause by being taxed right and left.

And speaking of that capital gains tax, which we showed you before that actually takes in more money as the rate is lowered; China has zero capital gains tax because they see it as a disincentive to engage in economic activity. China has been enjoying 9% plus GDP growth for some time now and they buy much of our debt.

Corporate tax receipts as a percentage of GDP are at historic lows

But here is the rub, the largest corporations get big giveaways in the tax code which allows Google to pay 2.4% of 3.1 billion in income and GE to pay 0% on 14.2 billion. This is why these corporations, and most of Wall Street supports Democrats because they have been stopping all attempts at tax code reform. Top 20 Industry Money Recipients This Election Cycle – Who is in the back pocket of Wall Street? – Reminder: Big Business Loves Big Government (especially Democrats)

Also keep in mind that Canada and Japan have recently lowered their corporate tax rates to attract business back home. When Ireland lowered its corporate tax rates they attracted a lot of companies to set up shop there and their revenue went way up. Higher taxes on businesses cause businesses to either go out of business or flee the country. When companies decide to stop being American companies the tax from them vanishes. The more you tax corporations, the more will leave, the less money you will get and the more unemployed you will have. Never forget that when corporations have to pay high taxes, they simply raise the price of their product to cover it so it is YOU that pays. A high corporate tax simply inflates prices and makes the corporation the tax collector for the state.

But just for good measure:

One place it (the “unexpected” revenue) has come from are corporations, whose tax collections have climbed by 76% over the past two years thanks to greater profitability. Personal income tax payments are up by 30.3% since 2004 too, despite the fact that the highest tax rate is down to 35% from 39.6%. The IRS tax-return data just released last month indicates that a near-record 37% of those income tax payments are received from the top 1% of earners — “the rich,” who are derided regularly in Washington for not paying their “fair share.” (WSJ Oct. 6 2006) – The rich paid more in real dollars after the tax cuts.

Stay tuned for more talking point debunking.

Posted in 2012, Chuck Norton, Economics 101, Government Gone Wild, Obama and Congress Post Inaugration | 2 Comments »

About the debt increase deal…

Posted by iusbvision on August 1, 2011

Please forgive the lack of updates as I described in our previous post we have not been in a position to do a lot of blogging lately. A new web site is coming as well for the editor.

As far as the budget deal we thought we have a few comments.

1 – We were never in danger of a default. The government brings in almost 200 billion a month in tax dollars which is more than enough to service the debt. Anyone who said that the August 2nd date would result in default is just lying straight up. Judging by how the elite media has been repeating this it furthers my personal observation that journalists are lazy and are, as a collective, the most uninformed people I have ever encountered.

2 – These polls that you here about in the news saying that the people want “republicans to compromise” are polls like the CBS News poll that had a sample which included only 25% Republicans, so the sample was rigged. Notice how the Democrats are not asked to compromise in the press? When the people were stone against Obama Care by a 60% margin where was the press pounding the polls than? Where was the compromise when the Democrats would not allow the GOP into the room and would only see the bill a few hours before a vote?

3 – “Reagan increased the debt limit”… Reagan did not have a House controlled by his own party. During that time we had the 24/7 nuclear triangle operating at the pinnacle of the Cold War and a government shut down at such a time would have undermined our efforts to posture and beat the Soviets.

4 – “We need to raise taxes on the rich”. First of all we have been “raising taxes on the rich” for decades now so why is it that John Kerry paid 12.34% on $5,072,000 worth of income? The dirty little secret is that the tax rate that the Democrats are talking about is the wage earner rate which is paid by high-end wage earners such as doctors and engineers, but it is also the rate paid by most small businesses that have employees. Most of the income that the “rich” bring is defined by the tax code as “unearned income”, so you could raise this tax rate to the moon and the multimillionaires and billionaires will laugh as it will not be they who pay it. For more details on why this is follow this LINK.

Using static models as the CBO likes to use the Democrats proposed tax increase would pay for all of 10 days of deficit spending. Of course since people do not operate in a static universe the result would be an impact on job creators and even less revenue growth to the government. Can anyone name a mainstream economic theorist who said to raise taxes during what appears to be a double dip recession?

4 – As far as spending cuts in the “deal”, we must remember base line budgeting. If we froze spending at current levels Washington would consider that to be a $9.5 trillion dollar “cut”, so all we are talking about here is a small reduction in the typical increases in spending. As far as spending cuts are concerned this is not a serious plan as spending under this deal will continue to skyrocket. Democrats and some leftist journalists are calling these “draconian cuts” and are simply engaging in the most dishonest demagoguery imaginable.

5 – But here is the rub, when we lose our AAA credit rating, which now appears unavoidable as both Moodys and S&P have said that neither the Boehner plan nor the Reid plan are serious about getting spending under control, it will cost us more than $100 billion a year in interest alone; when that is factored in there are no reductions even in the increases in spending. It gets worse. When you add the damage to the economy that loss of AAA will bring it makes all of this worse.

The loss of AAA will impact most unsecured credit, it will impact the value of the dollar (inflation), it will impact those who use short-term credit such as farmers who use seasonal loans and import/export businesses. It is going to damage the economy in such a way that most people will feel it. We did not lose AAA even during the great depression. The “deal” which passed is also easy to demagogue because the left will say that this deal IS the “Boehner Plan” (which is largely isn’t any more do to an almost total cave on spending cuts) and HIS plan caused us to lose AAA.

[Note: The first plans that were introduced by the Tea Party/GOP were much more serious and had a real chance of preventing the loss of AAA. While this is indeed a failure of government, is there any doubt that the Democratic Party is intent on blowing up our credit rating? The first proposals from the House had a chance of preserving AAA and the media/Democrats had a conniption fit calling called it extreme. Think about this folks, preserving AAA is now an extreme position according to much of the elite media and a political party. The Constitution does have limits and the GOP cannot run the government from the House. This is why elections matter.] 

6 – The deal also includes a vote on the Balanced Budget Amendment to send it to the states. If this amendment resolution passes the Democrat controlled Senate and gets to the states it will be a great tool to begin to get this spending problem under control. If it looks like it will pass the Senate I expect the Democrat leadership will pull some stunt prevent the vote or prevent its passage. Government has a structural institutional incentive to spend more and more, so the only way to curb that is to make a structural change. Aside from a vote on this Amendment, which I will stress has not happened yet, this was not a tough deal or a Herculean compromise by any stretch.

This is a must see exchange between Marco Rubio and John Kerry on the debt limit debate. Be sure to watch every second as this is invaluable.

Kerry will think twice before trying to posture Marco Rubio again. Notice also, even though Rubio did not join the TEA Party Caucus he defends their position, which is to offer a plan that fixes the problem. Rubio uses a most interesting analogy to show why this is so important.

 

UPDATE – The latest version of the deal includes $2.1 Trillion in cuts over 10 years with half planned now and the other half planned by a “budget cut committee later”. Keep in mind that cuts in “Washington Speak” are not cuts, but rather a decrease in the increase in spending. So instead of a planned increase in spending over 10 years of $9.5 Trillion they will plan to increase spending by $7.4 trillion.  The president gets his debt increase limit extended to well passed the campaign, deficit spending shoots up, no entitlement reform, no plan to balance the budget over the next eight years. There are some actual small cuts in discretionary spending, but entitlement spending that is on autopilot. Of course even this is a fraction of the increase in discretionary spending that has gone up since 2008.

 

UPDATE

LARGEST DEBT HIKE IN HISTORY…
$32.4 billion per page?
Borrowing to surge…

Posted in 2012, Chuck Norton, Economics 101, Government Gone Wild, Is the cost of government high enough yet?, Obama and Congress Post Inaugration, True Talking Points | Leave a Comment »

Pinal County Sheriff: Mexican Drug Cartels now control corridor from Mexican border to Phoenix

Posted by iusbvision on June 25, 2011

And the Obama Administration is doing little more than posting these signs….

 

Here is a CNN from late 2007 and things have just gotten worse:  Mexican Drug Cartels Threaten U.S. Reporters – 

Posted in Chuck Norton, Obama and Congress Post Inaugration | Leave a Comment »

Massive Economic Study: Obama Stimulus Bill Cost 1 Million Private Sector Jobs in Ohio

Posted by iusbvision on June 21, 2011

This is not from any light-weight folks, this is linked on Dr. Greg Mankiw.

Mankiw wrote one of the most respected series of econ college textbooks used in universities today.

Dr. Mankiw:

Tim Conley and Bill Dupor have a new paper on the American Recovery and Reinvestment Act (that is, the Obama stimulus bill).  Their empirical findings:

Our benchmark results suggest that the ARRA created/saved approximately 450 thousand state and local government jobs and destroyed/forestalled roughly one million private sector jobs. State and local government jobs were saved because ARRA funds were largely used to offset state revenue shortfalls and Medicaid increases rather than boost private sector employment. The majority of destroyed/forestalled jobs were in growth industries including health, education, professional and business services.

 

Powerline comments:

Earlier this week, they reported their findings in a paper titled “The American Recovery and Reinvestment Act: Public Sector Jobs Saved, Private Sector Jobs Forestalled.” The paper is dense and rather lengthy, and requires considerable study. Here, however, is the bottom line:

Our benchmark results suggest that the ARRA created/saved approximately 450 thousand state and local government jobs and destroyed/forestalled roughly one million private sector jobs. State and local government jobs were saved because ARRA funds were largely used to offset state revenue shortfalls and Medicaid increases rather than boost private sector employment. The majority of destroyed/forestalled jobs were in growth industries including health, education, professional and business services.

So the American people borrowed and spent close to a trillion dollars to destroy a net of more than one-half million jobs. Does President Obama understand this? I very much doubt it. When he expressed puzzlement at the idea that the stimulus money may not have been well-spent, and said that “spending equals stimulus,” he betrayed a shocking level of economic ignorance.

Posted in 2012, Chuck Norton, Economics 101, Obama and Congress Post Inaugration, True Talking Points | Leave a Comment »

Judicial Watch: Obama Administration Channeling Tax Dollars to La Raza

Posted by iusbvision on June 21, 2011

La Raza means “The Race”. La Raza calls for communist revolution in the United States, wants much of the Western United States given to Mexico (they call it Aztlan), and are so racist that they are often referred to as “The Klan with a tan”; what would one expect from a group that calls itself “the race”?

Judicial Watch:

A Judicial Watch investigation reveals that federal funding for a Mexican La Raza group that for years has raked in millions of taxpayer dollars has skyrocketed since one of its top officials got a job in the Obama White House.

The influential and politically-connected National Council of La Raza (NCLR) has long benefitted from Uncle Sam’s largess but the group has made a killing since Obama hired its senior vice president (Cecilia Muñoz) in 2009 to be his director of intergovernmental affairs.

Ignored by the mainstream media, Judicial Watch covered the appointment because the president issued a special “ethics waiver” to bring Muñoz aboard since it violated his own lobbyist ban. At the pro illegal immigration NCLR, Muñoz supervised all legislative and advocacy activities on the state and local levels and she was heavily involved in the congressional immigration battles that took place in the George W. Bush Administration.

She also brought in a steady flow of government cash that’s allowed the Washington D.C.-based group to expand nationwide and promote its leftist, open-borders agenda via a network of community organizations dedicated to serving Latinos. Among them are a variety of local groups that provide social services, housing counseling and farm worker assistance as well as publicly-funded charter schools that promote radical Chicano curriculums. Judicial Watch published a special report on this a few years ago.

This week a JW probe has uncovered details of the alarming increase in federal funding that these NCLR groups have received since Muñoz joined the Obama Administration. In fact, the government cash more than doubled the year Muñoz joined the White House, from $4.1 million to $11 million.

Not surprisingly, a big chunk of the money (60%) came from the Department of Labor, which is headed by a former Californiacongresswoman (Hilda Solis) with close ties to the La Raza movement. Since Obama named her Labor Secretary, Solis has launched a nationwide campaign to protect illegal immigrant workers in theU.S. Just this week Solis penned declarations withGuatemala andNicaragua to preserve the rights of their migrants.

The NCLR also received additional taxpayer dollars from other federal agencies in 2010, the JW probe found. The Department of Housing and Urban Development doled out $2.5 million for housing counseling, the Department of Education contributed nearly $800,000 and the Centers for Disease Control a quarter of a million.

Additionally, NCLR affiliates nationwide raked in tens of millions of government grant and recovery dollars last year thanks to the Muñoz factor. An offshoot called Chicanos Por La Causa (CPLC) saw its federal funding nearly double to $18.3 million following Muñoz’ appointment.

A social service and legal assistance organization (Ayuda Inc.) that didn’t receive any federal funding between 2005 and 2008 got $600,000 in 2009 and $548,000 in 2010 from the Department of Justice. The group provides immigration law services and guarantees confidentiality to assure illegal aliens that they won’t be reported to authorities.

Related: The speech below was at a La Raza event in Los Angeles

High School Teacher Calls For Racist Communist Revolution Against U.S. Government. Praises Murderous Dictator Hugo Chavez.

May 08, 2010 — ”Where we now stand is stolen, occupied Mexico”…La Raza rally at UCLA….More gems: ‘Communist Revolution’, ‘Frail, racist white people’, ‘La Raza’ (the Race), Fidel Castro, ‘Northern Front of Latin Revolution’…”40 million…revolutionaries…in the belly of the beast”. “Our enemy is Capitalism and Imperialism”. Sedition anyone?
Sanchee H.S. history teacher Ron Gochez, La Raza Rally at UCLA

Here is his H.S. Let them know what you think of his comments:
http://www.santeefalcons.org/
Phone: (213) 763-1000
Los Angeles Unified School District
Tel: 213-241-7000
superintendent@lausd.net
Los Angeles Board of Education:
Tel: 213-241-6389
Email: steve.zimmer@lausd.net

“We are revolutionary Mexican organization here. We understand that this is not just about Mexico. Its about a global struggle against imperialism and capitalism At the forefront of this revolutionary movement is La Raza. We will no longer fall for these lies called borders. We see America as a northern front of a revolutionary movement Our enemy is capitalism and imperialism.”

Posted in 2012, Academic Misconduct, Campus Freedom, Indoctrination & Censorship, Chuck Norton, Click & Learn, Culture War, Leftist Hate in Action, Obama and Congress Post Inaugration, Stuck on Stupid, Unions, Violence | Leave a Comment »

Russian ‘President’ Medvedev Endorses Obama 2012. Oligarchs for Obama!

Posted by iusbvision on June 21, 2011

The Putin/Medvedev oligarchical neo-dictatorship has endorsed Barack Obama’s re-election. Why wouldn’t they. Obama reneged on a promised missile defense shield for Poland and the Czech Republic, let Sakashvilli and the Georgians twist in the wind, handed Medvedev Britain’s key nuclear secrets, and signed on a lopsided arms treaty that gave away the farm. The Russian Oligarch could not have a more submissive counterpart.

Obama - Medvedev

AFP:

Russian President Dmitry Medvedev said on Monday he wanted his US counterpart Barack Obama to win re-election next year, fearing that the two men’s efforts to improve ties may lose steam under a new administration.

“I can tell you directly — I would like Barack Obama to be re-elected president of the United States maybe more than someone else,” Medvedev said in an interview with the Financial Times whose full transcript was released by the Kremlin early Monday.

“If another person becomes US president then he may have another course,” he said.

How touching. Keep in mind that under Putin/Medvedev Russia has been murdering journalists who tell the truth about them, they have been overtly manipulating the European energy market to meddle in elections, and they have sacked the Republic of Georgia.

But I will give credit to Russian leadership in one area, they were smart enough to adopt the tax system developed by famed American economics guru and business leader Steve Forbes, while Obama pushed us deeper into the tax system designed by Karl Marx. Of course, Marx received two inheritances, squandered them both and couldn’t balance a checkbook.

Posted in 2012, Chuck Norton, Economics 101, Obama and Congress Post Inaugration | Leave a Comment »

Senate Subpoena’s Obama Administration. Hiding Facts on How Outspoken Jihadist Fort Hood Shooter Was Promoted Instead of Discharged

Posted by iusbvision on June 16, 2011

[Editor’s Note: Be sure to read the following link HERE as it provides very enlightening insight as to how this disaster happened]

ABC News:

Sen. Joseph Lieberman and Sen. Susan Collins today issued subpoenas to Attorney General Eric Holder and Defense Secretary Robert Gates, demanding information on what the government knew about accused Fort Hood shooter Maj. Nidal Hasan prior to the Nov. 5 incident.

In a letter accompanying the subpoenas, Lieberman, I.-Conn., and Collins, R.-Me., the chairman and ranking minority member of the Senate Homeland Security Committee, said they had been forced to issue the subpoenas by a lack of cooperation from the Obama administration.

“We have repeatedly sought your departments’ cooperation for more than five months,” said the letter. “Our efforts have been met with delay, the production of little that was not already publicly available, and shifting reasons for why the departments are withholding the documents and witnesses that we have requested.”

During a conference call with reporters, Lieberman said he wanted to learn what information the government had about Hasan’s contacts with radical Muslim cleric Anwar Awlaki. “What were the signals, what was done to stop them,” said Lieberman, “and why wasn’t an investigation done then?”

“We think our request is quite reasonable,” said Lieberman, “”Our goal is to look back and see what these two federal agencies could have done to stop this man from committing a massacre of 13 Americans.”

The subpoenas demand information on contacts between Hasan and Awlaki in the months before the shooting spree. “Given the warning signs about Major Nidal Malik Hasan’s extremist radicalism,” asked the letter, “why was he not stopped before he took thirteen American lives?”

CLICK HERE TO READ THE LETTER

The subpoenas command Holder and Gates to appear before the committee on April 27 at 10:00 a.m., and to bring specified materials with them.

Holder is asked to provide the names of individuals on the Joint Terrorism Task Force in San Diego and Washington or the National Joint Terrorism Task Force who might have been familiar with emails between Nidal Hasan and Awlaki prior to the shooting.

CLICK HERE TO READ THE HOLDER SUBPOENA

Gates is ordered to produce Hasan’s official personnel file and any performance evaluations. He is also commanded to provide the names of defense department intelligence and criminal investigation employees who had knowledge of Maj. Hasan prior to the shootings, or who may have worked with the Joint Terrorism Task Forces in D.C. and San Diego “during the period of time in which information linked to Major Hasan came to those entities.”

CLICK HERE TO READ THE GATES SUBPOENA

Lieberman and Collins had been threatening to issue the subpoenas for nearly a month. On Thursday, they restated their intention to issue the subpoenas during a press conference.

On Friday, Secy. Gates told reporters that the administration was not seeking to hide information from Congress, but that its first priority was the prosecution of Maj. Hasan. [Editor’s Note: This excuse is a crock as a Senate Committee can meet in closed session.]

Related:

AIM: American Tax Dollars for Al-Jazeera-inspired Terrorism

Posted in Chuck Norton, Government Gone Wild, Israel, Obama and Congress Post Inaugration | Leave a Comment »

Press Banned from Vice President Biden’s Fund Raiser Gala’s

Posted by iusbvision on June 15, 2011

OK on one hand I am totally in favor of this because I do not have to watch them.

On the other hand they are a violation of the Obama Administration’s repeated promises of openness and transparency.

Real Clear Politics:

A little more than a week ago, Vice President Joe Biden traveled to fundraisers in two battleground-state cities, Pittsburgh and Cincinnati.

Neither stop included the White House press corps; requests by local media to cover the events were denied by the vice president’s press office. The Democratic National Committee arranged the events for the Obama Victory Fund.

A number of seasoned political reporters and former White House press-office staffers consider that lack of coverage a dangerous precedent.

“It would behoove the Obama administration to keep its promise of transparency even with fundraisers,” agrees Jeff Brauer, a political history professor at Keystone College. “The United States is a democracy, after all.”

Having press coverage of fundraising events that feature the president or vice president matters for at least two reasons, Brauer explains.

“One, large amounts of taxpayer dollars are being used for personal security at such events. As with all tax dollars, they should be spent with accountability.

“Two, it is important for the public to know what the president and vice president are saying to donors. Is it the same message they are saying to the electorate at large?”

Such knowledge helps citizens judge officeholders’ authenticity and integrity.

More

Days before Biden was sworn in as vice president in 2009, he promised to be more open than his predecessor, Dick Cheney.

Yet his official schedule more often than not lists meetings as “closed press” or shows no public events at all.

Posted in 2012, Chuck Norton, Journalism Is Dead, Obama and Congress Post Inaugration, Regulatory Abuse | Leave a Comment »

Washington Post Glenn Kessler: President Obama’s phony accounting on the auto industry bailout

Posted by iusbvision on June 12, 2011

Note: This did not appear in the printed edition of the Washington Post, not does it appear on the paper’s main site. It is on their blog site. They can say that they reported it while making sure that most average people never see this story.

Washington Post Politics Blog:

 

“Chrysler has repaid every dime and more of what it owes American taxpayers for their support during my presidency.”

— President Obama, June 4, 2011

This post has been updated.

With some of the economic indicators looking a bit dicey, President Obama traveled to Ohio last week to tout what the administration considers a good-news story: the rescue of the domestic automobile industry. In fact, he also made it the subject of his weekly radio address.

We take no view on whether the administration’s efforts on behalf of the automobile industry were a good or bad thing; that’s a matter for the editorial pages and eventually the historians. But we are interested in the facts the president cited to make his case.

What we found is one of the most misleading collections of assertions we have seen in a short presidential speech. Virtually every claim by the president regarding the auto industry needs an asterisk, just like the fine print in that too-good-to-be-true car loan.

Let’s look at the claims in the order in which the president said them.

“Chrysler has repaid every dime and more of what it owes American taxpayers for their support during my presidency — and it repaid that money six years ahead of schedule.  And this week, we reached a deal to sell our remaining stake. That means soon, Chrysler will be 100 percent in private hands.”Wow, “every dime and more” sounds like such a bargain. Not only did Chrysler pay back the loan, with interest — but the company paid back even more than they owed. Isn’t America great or what?

Not so fast. The president snuck in the weasel words “during my presidency” in his statement. What does that mean?

According to the White House, Obama is counting only the $8.5 billion loan that he made to Chrysler, not the $4 billion that President George W. Bush extended in his last month in office. However, Obama was not a disinterested observer at the time. According to The Washington Post article on the Bush loan, the incoming president called Bush’s action a “necessary step . . . to help avoid a collapse of our auto industry that would have had devastating consequences for our economy and our workers.”

Under the administration’s math, the U.S. government will receive $11.2 billion back from Chrysler, far more than the $8.5 billion Obama extended.

Through this sleight-of-hand accounting, the White House can conveniently ignore Bush’s loan, but even the Treasury Department admits that U.S. taxpayers will not recoup about $1.3 billion of the entire $12.5 billion investment when all is said and done.

The White House justifies not counting the Bush money because, it says, that money was completely spent when Obama was making a tough political decision on whether to extend another loan. In other words, a decision to do nothing at the time would have resulted in the immediate loss of the $4 billion that Bush had extended.

This is chicanery. Under the president’s math, Chrysler paid back 100 percent of Obama’s loan and less than 70 percent of Bush’s loan. A more honest presentation would combine the two figures to say U.S. taxpayers got back 90 percent of what they invested. In fact, that is how the Treasury and other administration officials frequently portray it; it is just when Obama speaks that the numbers get so squishy.

The White House justifies saying that Chrysler will be in 100 percent “in private hands” because there will no longer be government ownership once Fiat completes its purchase of the U.S. stake. For the record, the United Auto Workers will own 46 percent of the company.

“All three American automakers are now adding shifts and creating jobs at the strongest rate since the 1990s.”The White House says the data to back this claim concerning the Big Three automakers is not public information. The official Bureau of Labor Statistics data refers to the entire auto industry — including foreign auto manufacturers, auto parts manufacturers, auto parts dealers and auto dealers. If you look at the data, the 113,200 jobs added between June 2009 and May 2011 amounts to about a 5 percent increase — from a rather low base.

UPDATE, 10:45 AM: Yen Chen, automotive business statistical analyst at the Center for Automotive Research, says CAR’s analysis of Big Three auto data shows this statistic is correct. The Detroit Three are expected to add 10,000 hourly and 5,000 salaried workers this year, from a base of 115,805 hourly workers and 56, 432 salaried workers. That’s an increase of about eight percent in each case. More than 16,000 hourly workers were added in 1991, but from a much higher base–440,000– and 10,000 were also added in 1995, when there were 433,000 hourly workers. Meanwhile, salaried workers have been on a steady decline since 1990 (when the big Three employed 157,000).

“GM plans to hire back all of the workers they had to lay off during the recession.”This is another impressive-sounding but misleading figure. In the five years since 2006, General Motors announced that it would reduce its workforce by nearly 68,000 hourly and salary workers, creating a much smaller company. Those are the figures that generated the headlines.

Obama is only talking about a sliver of workers — the 9,600 workers who were laid off in the fourth quarter of 2008. About 4,100 were sent home for a few weeks. Another 5,500 were put on indefinite leave, meaning there were no jobs at the time for them. All but 1,000 havereturned to work, and the rest should be back at work by year’s end, according to GM spokesman Greg A. Martin.

“In the year before I was President, this industry lost more than 400,000 jobs, and two great American companies, Chrysler and GM, stood on the brink of collapse. Now, we had a few options.  We could have done what a lot of folks in Washington thought we should do — nothing.”This is quite a straw man — that many people wanted to do nothing. It was never so black and white. The debate was over the right course to take in the bankruptcy process.

The Wall Street Journal published Monday an interesting conservative critique of the government’s intervention by David Skeel, a law professor at University of Pennsylvania. Skeel says that the revival of the auto industry “is a very encouraging development,” but “to claim that the car companies would have collapsed if the government hadn’t intervened in the way it did, and to suggest that the intervention came at very little cost, is a dangerous misreading of our recent history.”

To support the claim that “a lot of folks” wanted to do nothing, the White House referred us to statements by the House minority leader, John Boehner (R-Ohio), and Sens. Richard Shelby (R-Ala.) and Jon Kyl (R-Ariz.).

We do not read Boehner’s quote that way; in this 2009 comment, he is questioning the administration’s approach while saying, “The success of our automotive industry is critical.”Shelby and Kyl in 2008 were protesting the use of taxpayer funds by Bush to delay a bankruptcy filing; they preferred immediately putting the companies through the bankruptcy process.

It will be up to historians to decide what the best solution would have been for taxpayers and the auto industry. We can understand why the president wants to portray himself as making a lonely and tough decision. But the debate was not either/or, bur rather what was the best policy to bring the automakers back to financial health.

 

Posted in 2012, Chuck Norton, Lies, Obama and Congress Post Inaugration | Leave a Comment »

Dr. Walter Williams: Government Lies

Posted by iusbvision on June 12, 2011

Dr. Walter Williams

President Obama and congressional supporters estimate that his health care plan will cost between $50 and $65 billion a year. Such cost estimates are lies whether they come from a Democratic president and Congress, or a Republican president and Congress. You say, “Williams, you don’t show much trust in the White House and Congress.” Let’s check out their past dishonesty.

At its start, in 1966, Medicare cost $3 billion. The House Ways and Means Committee, along with President Johnson, estimated that Medicare would cost an inflation-adjusted $12 billion by 1990. In 1990, Medicare topped $107 billion. That’s nine times Congress’ prediction. Today’s Medicare tab comes to $420 billion with no signs of leveling off. How much confidence can we have in any cost estimates by the White House or Congress?

Another part of the Medicare lie is found in Section 1801 of the 1965 Medicare Act that reads: “Nothing in this title shall be construed to authorize any federal officer or employee to exercise any supervision or control over the practice of medicine, or the manner in which medical services are provided, or over the selection, tenure, or compensation of any officer, or employee, or any institution, agency or person providing health care services.” Ask your doctor or hospital whether this is true.

Lies and deception are by no means restricted to modern times. During the legislative debate prior to ratification of the 16th Amendment, President Howard Taft and congressional supporters said that only the rich would ever pay federal income taxes. In 1916, only one-half of 1 percent of income earners paid income taxes. Those earning $250,000 a year in today’s dollars paid 1 percent, and those earning $6 million in today’s dollars paid 7 percent. The lie that only the rich would ever pay income taxes was simply a lie to exploit the politics of envy and dupe Americans into ratifying the 16th Amendment.

The proposed tax increases that the White House and Congress are proposing will probably pass. According to the Washington, D.C.-based Tax Foundation, during 2006, roughly 43.4 million tax returns, representing 91 million individuals, had no federal tax liability. That’s out of a total of 136 million federal tax returns. Adding to this figure are 15 million households and individuals who file no tax return at all. Roughly 121 million Americans — or 41 percent of the U.S. population — are completely outside the federal income tax system. These people represent a natural constituency for big-spending politicians. Since they have no federal income tax obligation, what do they care about higher taxes or tax cuts?

Another big congressional lie is Social Security. Here’s what a 1936 government pamphlet on Social Security said: “After the first 3 years — that is to say, beginning in 1940 — you will pay, and your employer will pay, 1.5 cents for each dollar you earn, up to $3,000 a year … beginning in 1943, you will pay 2 cents, and so will your employer, for every dollar you earn for the next 3 years. … And finally, beginning in 1949, twelve years from now, you and your employer will each pay 3 cents on each dollar you earn, up to $3,000 a year.” Here’s Congress’s lying promise: “That is the most you will ever pay.” Let’s repeat that last sentence: “That is the most you will ever pay.” Compare that to today’s reality, including Medicare, which is 7.65 cents on each dollar that you earn up to nearly $107,000, which comes to $8,185.

The Social Security pamphlet closes with another lie: “Beginning November 24, 1936, the United States government will set up a Social Security account for you … The checks will come to you as a right.” First, there’s no Social Security account containing your money, but more importantly, the U.S. Supreme Court has ruled on two occasions that Americans have no legal right to Social Security payments.

We can thank public education for American gullibility.

 

More Lies

Posted in Chuck Norton, Click & Learn, Government Gone Wild, Health Law, Obama and Congress Post Inaugration, True Talking Points | Leave a Comment »

Restaurant touted by Obama as beneficiary of government action closes

Posted by iusbvision on June 9, 2011

Anyone surprised?

TOLEDO, Ohio (AP) – An Ohio restaurant mentioned last week by President Barack Obama as an indirect beneficiary of the government’s Chrysler bailout will go out of business Sunday after a more than 70-year history.

Co-owner Richard Lawrence of New Chet’s Restaurant in Toledo says business has fallen victim to the economy and the workplace smoking ban approved by Ohio voters in 2006. He told The Blade newspaper of Toledo on Wednesday that auto industry cutbacks also hurt.

Lawrence says he used to deliver up to $300 in food per week to Chrysler Group LLC’s Jeep plant in Toledo, but now that’s down to about $100 worth.

Obama visited the plant on Friday and told workers that without them, who would eat at Chet’s or patronize other local businesses?

Information from: The Blade, http://www.toledoblade.com/

Posted in Chuck Norton, Economics 101, Obama and Congress Post Inaugration | Leave a Comment »

Bill O’Reilly Now Convinced: The Far Left is Trying to Blow Up the System

Posted by iusbvision on June 5, 2011

Via The Blaze:

Bill O‘Reilly and Glenn Beck don’t always see eye-to-eye — they don’t always agree on everything. But one thing that O’Reilly is agreeing with Beck on now is that there are those on the left who would love to see an economic collapse so that they can remake the system. Chief among those cheerleaders, O’Reilly says, is Beck’s “spooky guy” — George Soros.

Click the link below to watch the video.

http://video.foxnews.com/v/4639217/who-won-the-budget-battle/

Bill O’Reilly resisted accepting this premise for a long time;  years even. But as the evidence mounted up it became hard to ignore.

The Democrats are the party of the status quo when it comes to Social Security and Medicare while the governments own numbers admit that these programs will go bankrupt and crash very soon. The reductions in spending discussed in the video were not real cuts at all, they were only reductions in Obama’s proposed budget, and even so it was not even a 1% cut in that budget proposal. The truth is that spending was higher this year than last year, so in reality there were no real cuts, yet the left was still upset.

One of the big problems with Medicare is that the bureaucracy is expensive and truly gargantuan. Billions of dollars go to fund those government jobs that should go to seniors care. The Democrats benefit in the short run and the long run by letting Medicare collapse. In the short run, Medicare not being reformed will mean countless thousands of government employees, will be paying Democrats and the government union dues which is used to finance Democrat political campaigns. Government employees make between 30% and 300% more than their private sector counterparts depending on the job field. That is right folks, Medicare funds are essentially being used to fund Democrat political campaigns.

In the long run, when Medicare explodes seniors will be forced into ObamaCare, which can ration care and push doctors into just “giving gramps the pain pill” kind of care. This is why the Democrats raided half a TRILLION DOLLARS of Medicare funds to pay for the ObamaCare implementation. The administration had moved to implement “death panels” like language but outrage forced them to delay implementation. The bottom line is that ObamaCare gives the President, or the HHS bureaucrat the regulatory authority to implement “death panel” like rationing with the stroke of a pen.

Obama Advisor and former Labor Sec. Robert Reich: We are going to let the old die because its to expensive and we are going to make the drug companies poor so they cant innovate new drugs so you young people likely will not live much longer than your parents.

Posted in 2012, Chuck Norton, Corporatism, Government Gone Wild, Health Law, Obama and Congress Post Inaugration | Leave a Comment »

Social Security now in permanent deficit, Medicare Trustees admit the system is in trouble, liberal ‘Think Tank’ fails at statistics in deficit denial…

Posted by iusbvision on May 18, 2011

The system is not sustainable. The bureaucracy is huge and government employees earn 30-300% higher than their private sector counterparts and have gold plated benefits. Every dollar that goes to a bureaucrat who is not accountable to you and has no incentive to be efficient is another dollar that is not used for someones good care.

Government programs should not be “unionized job programs to get union dues to the Democrats” first, and programs people use second.  We cannot afford to carry on the status quo any more if we want to deliver on promised benefits. Unless we have reform such as the Paul Ryan plan, the system will blow up and the government reports show it.

Social Security

Heritage:

The debate about whether Social Security faces a problem and needs to be fixed is over. The 2011 trustees report, which was released this afternoon, shows that the program already faces massive permanent annual deficits. In 2010, Social Security spent $49 billion more in benefits that it took in from its payroll tax. This year, that deficit will be approximately $46 billion.

Now is the time to focus on solutions. Instead of just blindly defending the current program, both Congress and the Obama Administration should propose comprehensive programs that permanently fix Social Security. It is one thing to oppose a solution; it is another to come up with a plan and fix the problem.

Social Security Problem $1.2 Trillion and One Year Worse

In net present value terms, Social Security owes $9.1 trillion more in benefits than it will receive in taxes. The 2011 number consists of $2.6 trillion to repay the special issue bonds in the trust fund and $6. 5 trillion to pay benefits after the trust fund is exhausted in 2036—a year earlier. This is an increase of $1.2 trillion from last year’s report, which also reflects several changes to assumptions and methodology.

A key change in this year’s report is that Social Security is predicted to run cash-flow deficits from now on. The immediate cash-flow deficits are largely due to the effects of the recession on its finances. The recession increased the amount of benefits paid out by Social Security as older workers who have lost their jobs choose to file for benefits earlier than they might have otherwise. Meanwhile, younger unemployed workers are unable to pay Social Security taxes, while workers who suffer a drop in their income pay lower amounts.

Net present value measures the amount of money that would have to be invested today in order to have enough money on hand to pay deficits in the future. In other words, Congress would have to invest $9.1 trillion today in order to have enough money to pay all of Social Security’s promised benefits through 2085. This money would be in addition to what Social Security receives during those years from its payroll taxes.

Medicare

Heritage:

The just released 2011 Medicare trustees report does not contain any big surprises. Much of what the trustees say in this report they have said before: Medicare poses enormous challenges for patients and taxpayers alike, and its financial condition continues a downward slide. Some key findings:

  • Medicare’s unfunded obligations increased by $2 trillion. A key indicator of the true cost of the program is the cost of the promised benefits that are not financed by dedicated revenues. Using their standard 75-year projection (2011–2085), the trustees estimate this year that Medicare benefits promised that are not paid for amount to $24.6 trillion, compared to their projection of $22.5 trillion last year. These and other projections in the report are based on current law, including the official assumption that the estimated $575 billion in savings from Medicare provider cuts under Obamacare will be sustained, as well as the 29 percent reduction in Medicare physician payments in 2012. The Medicare trustees concede the point: “Although the long-term viability of some of these provisions is debatable, the annual report to Congress on the financial status of Medicare must be based on current law” (emphasis added). Different assessment and different accounting techniques, of course, can yield different estimates of these long-term costs. Based on an alternative scenario of projected costs and spending that many analysts considered more realistic, the Medicare actuary in 2010 estimated the long-term Medicare debt at $34.8 trillion. The Medicare actuary has yet to offer his alternative assessment for 2011.
  • The financial condition of the Medicare Part A trust fund is worse. The Hospitalization Trust Fund—the part of the program that pays seniors’ hospital bills—is in worse shape than reported last year. The Hospital Insurance (HI) Trust Fund is going to be exhausted in 2024 rather than 2029. While the fund has started running big annual deficits ($32 billion in 2010 and $34 billion in 2011), the five-year acceleration of the fund’s exhaustion has been aggravated by a combination of higher hospital spending and the consequent reduction in the payroll tax receipts resulting from the economic downturn. When the HI fund is exhausted, obviously it cannot pay benefits. Congress would have to replenish it with higher taxes. One more point: It should be noted that the most recent Congressional Budget Office assessment of the trust fund (March 2011) is more pessimistic and projects an exhaustion in 2020.
  • The “Medicare Funding Warning” has been issued again. Under current law, the Medicare trustees are required to issue a Medicare Funding Warning. This means that general revenues will account for more than 45 percent of Medicare’s total outlays. The 45 percent threshold for such funding, in contrast to dedicated revenues, is officially “excessive” under current law. In this year’s report, the statutory threshold has been reached again this year, as it was last year, and the President is required to develop a proposal to transmit to Congress to deal with the problem.

This year’s trustees report only confirms the seriousness of the financial challenge posed by an unreformed Medicare program. Over the full 75-year budget window for the entitlements, about 90 percent of the growth of Medicare and Social Security is going to occur by 2035. The baby boom generation, to be supported by a relatively smaller workforce, will drive costs to new levels. That is indeed why The Heritage Foundation’s comprehensive reform proposal, Saving the American Dream, takes on an even greater urgency.

Leftists in Deficit Denial

Heritage:

Liberal Think Tank Fails Statistics

A chart created by the Center on Budget and Policy Priorities (CBPP) has been circulating among liberal bloggers such as Ezra Klein, James Fallows, and Andrew Sullivan.

The chart, seen to the right, purports to show that the next decade’s deficits are entirely the result of the 2001 and 2003 tax cuts, wars, bailouts, recession, and stimulus.

Their methodology fails statistics 101.

Imagine a basketball team that loses 100-98. It would make no sense to cherry pick one single basket by their opponent and blame it for 100 percent of the loss – letting all other baskets scored off the hook. Yet that is essentially what CBPP is doing.

See the rest of the story with charts and evidence HERE.

Posted in 2012, Chuck Norton, Click & Learn, Economics 101, Obama and Congress Post Inaugration | Leave a Comment »

On Oil Obama Says One Thing & Does Another

Posted by iusbvision on May 17, 2011

Polling shows that like Jimmy Carter, Obama’s energy policy is going to send him packing in 2012. So what is the new strategy, tell people you are expanding domestic oil production and just not do it.

But expanding leases does nothing because often it is discovered that a lease cannot be trilled upon for technical reasons. Also, the government and environmental groups are not allowing companies to drill on leases they have paid for. The lease is just the first step of a process that takes years and the government can halt it any step of the way, and has as you will see below.

Obama’s Energy Secretary Steven Chu said after he was confirmed by the Senate that we have to find a way to get the price of gas to European levels (around $8 dollars a gallon). Even the new Democrats National Committee Chair Debbie Wasserman just went on the record with a repeat of the Democrats energy policy, less domestic production, and more deficit spending for Chinese made solar panels.

Obama’s illegal offshore drilling moratorium explained. This will infuriate you. UPDATE – Debbie Wasserman-Schultz Confirms: Democrat Energy Policy is To Push For Less Energy and More Deficit Spending

This is a no miss short film explaining how the government can stop all drilling with the stroke of a pen….

On top of that Obama’s energy policy is now threatening to shut down the Alaska pipeline.

Heritage:

Obama Oil Policy Threatens Alaska Pipeline’s Existence

The invaluable Alaskan oil pipeline isn’t doing well these days. A remedy to help fix this precious resource is available but overzealous environmentalists and over-regulatory politicians are standing in the way.  The ever-decreasing amount of oil flowing through the pipeline is disrupting its effective operation — and threatening its very existence.

This problem could easily be solved by opening up more domestic drilling in Alaska. This would allow more oil to flow through the pipeline, maintain the correct temperature (which falls to dangerous levels with insufficient supply). But access to drilling permits has been severely reduced. With gas prices hovering around $4 a gallon, it is inconceivable that the Obama administration would continue to hinder production and add regulations that could eliminate yet another standard domestic source of oil. Yet that is what is occurring.

In yesterday’s Wall Street Journal, Russell Gold writes about the threat to kill the pipeline:

Shell earlier this year canceled plans to drill in the Beaufort Sea this summer because, after five years, it couldn’t get a federal air-emission permit for an offshore drilling rig. Its plans for drilling in the Chukchi Sea on Alaska’s northwest coast are also held up by a legal dispute. Exxon Mobil is also waiting for federal environmental approval, and in February, the federal government denied ConocoPhillips a permit the company had been working on for five years.

…Shutting the pipeline would force refineries to find new and more expensive supplies of crude oil. And President Barack Obama’s efforts to decrease oil imports would suffer a major setback.

While opening more drilling in Alaska would help significantly, there are even more places where permits and environmental regulations are causing problems. Heritage’s Nick Loris writes:

We can’t drill off the Pacific Coast, Atlantic Coast, or the eastern Gulf of Mexico. The U.S. Environmental Appeals Board withheld air quality permits preventing Shell from moving forward to develop 27 billion barrels of oil off the coasts of Alaska. The Environmental Protection Agency already issued two air permits, but Earthjustice filed a petition to review the permits, causing the Appeals Board to act.

Environmental activists within the Obama administration are literally halting the much needed domestic oil exploration America needs to improve our economic well being and reduce gas prices for hurting consumers. Saving the pipeline should be top priority right now.

What If Oil Producers Actually Received Subsidies Like Wind Energy Producers? – LINK

Related:

Obama: If you’re complaining about the price of gas get a trade in….

GAO – Government Shut Down Yucca Facility for Political Reasons, Not Scientific Ones

Press Grilled Bush When Gas Hit $3.00 – Nada for Obama… UPDATED!

The latest lie from the left: Two-thirds of oil and gas leases in Gulf inactive – UPDATED!

Sarah Palin: What We Were Saying One Year Ago About Obama’s Failed Energy Policy

Obama pushed Brazil to drill more, promises aid to Brazil to help drill. While at home imposes drilling ban.

Obama Administration Held in Contempt for Violating Court Order

API: Recent Studies Show Obama Drilling Moratorium Will Cost 50,000 Jobs; 160,000 by 2032.

Heritage: Anti-Drilling Policies Costing Federal Government Billions in Lost Revenue

Now Russia, along with Mexico, Spain, Cuba, and China are building oil wells just miles off our shores while Obama keeps Americans out. UPDATE – Steve Forbes: Obama repeating Carter’s mistakes.

If You Ever Needed Proof that Democrats Want Higher Gas Prices…

Posted in 2012 Primary, Chuck Norton, Click & Learn, Dirty Tricks, Energy & Taxes, Obama and Congress Post Inaugration | Leave a Comment »

Over Half of All Obamacare Waivers Given to Union Members

Posted by iusbvision on May 16, 2011

Mark Hemingway at The Weekly Standard:

In what is fast becoming a weekly event, the Obama administration granted 200 more companies aivers from the Democrats’ sweeping health care law in the Friday night news dump. That brings the number of companies receiving waivers to 1,372. (You can get a full list of the companies exempted here.)

Not surprisingly, it helps to be a Democratic ally when seeking a waiver. The Republican Policy Committee reports that over half of the workers that have been exempted so far belong to unions:

The plans newly approved for waivers cover more than 160,000 people, bringing to nearly 3.1 million the number of individuals in plans exempted from the health law’s requirements.  Of the participants receiving waivers, more than half – over 1.55 million – are in union plans, raising questions of why such a disproportionate share of union members are receiving waivers from the law’s requirements.  The percentage of participants receiving waivers that come from unions also continues to rise – the number was 48% in April, and 45% in March.

Unions already received a generous concession in the health care bill. Their generous “cadilac” insurance plans were exempted from being taxed until 2018, adding about $120 billion to the bill’s cost over ten years. For more on how the administration has helped unions, see my story in THE WEEKLY STANDARD from a few weeks ago.

Posted in Chuck Norton, Dirty Tricks, Government Gone Wild, Health Law, Obama and Congress Post Inaugration | Leave a Comment »

Obama back to old tricks: Pushing banks to give high risk loans again…

Posted by iusbvision on May 16, 2011

… all because this policy worked out so well the last time right?

[LINK – start at the bottom of the linked page and start reading to get a great education on the mortgage crisis. It started with the abuse and deliberate misapplication of redlining regulations to accomplish political goals and economic social engineering. When the OFHEO regulator tried to warn Congress Democrats like Barney Frank and Chris Dodd insisted that the regulator was lying and even used the race card against them, of course the worst economy since the Great Depression has shown us that everything wasn’t fine – Editor]

Via Weasel Zappers and Business Week:

(Business Week) — Community activists in St. Louis became concerned a couple of years ago that local banks weren’t offering credit to the city’s poor and African American residents. So they formed a group called the St. Louis Equal Housing and Community Reinvestment Alliance and began writing complaint letters to federal regulators.

Apparently, someone in Washington took notice. The Federal Reserve has cited one of the group’s targets, Midwest BankCentre, a small bank that has been operating in St. Louis’s predominantly white, middle-class suburbs for over a century, for failing to issue home mortgages or open branches in disadvantaged areas. Although executives at the bank say they don’t discriminate, Midwest BankCentre’s latest annual report says it is in the process of negotiating a settlement with the U.S. Justice Dept. over its lending practices.

Lawyers and bank consultants say regulators and the Obama Administration are scrutinizing financial institutions for a practice that last drew attention before the rise of subprime lending: redlining. The term dates from the 1930s, when the Federal Housing Administration drew up maps using red ink to delineate inner-city neighborhoods considered too risky for lending. Congress later passed laws banning lending discrimination on the basis of race and other characteristics. “The agencies have refocused on redlining because, in the wake of the subprime explosion and sudden implosion, they are looking at these disadvantaged neighborhoods and not seeing any credit access,” says Jo Ann Barefoot, co-chair at Treliant Risk Advisors in Washington, D.C., which consults with banks on regulatory issues.

The 1977 Community Reinvestment Act (CRA) requires banks to make loans in all the areas they serve, not just the wealthy ones. A Bloomberg analysis found the percentage of banks earning negative ratings from regulators on CRA exams has risen from 1.45 percent in 2007 to more than 6 percent in the first quarter of this year.

Posted in 2012 Primary, Chuck Norton, Economics 101, Mortgage Crisis, Obama and Congress Post Inaugration, Stuck on Stupid | Leave a Comment »

President Obama, Why Has Your Administration Largely Ignored Struggling Homeowners?

Posted by iusbvision on May 13, 2011

President Obama,

You Promised To Save Millions From Foreclosure Yet Your Housing Program Was A Failure And Now The Housing Market Is In The Midst Of A “Double Dip.” Why Has Your Administration Largely Ignored Struggling Homeowners?

The RNC asks a very good question here. A question we have been asking over and over again Link + 1, 2, 3, 4, 5, 6, 7, 8. These girls would like an answer:

PROMISE: President Obama Promised That His Housing Program Would Prevent 7 to 9 Million Families From Foreclosure. “And we will pursue the housing plan I’m outlining today. And through this plan, we will help between 7 and 9 million families restructure or refinance their mortgages so they can afford—avoid foreclosure.” (President Barack Obama, Remarks On The Home Mortgage Industry In Mesa, Arizona, 2/18/09)

FACT:

Only One In Four Of 2.7 Million Homeowners Seeking Assistance From Obama’s Mortgage Relief Plan Succeeded In Getting Their Payments Reduced. “Just one in four of the 2.7 million homeowners who sought to participate in the Obama administration’s signature mortgage assistance program have succeeded in getting their monthly payments reduced.” (Alan Zibel and Louise Radnofsky, “Only 1 In 4 Got Mortgage Relief,” The Wall Street Journal, 2/28/11)

Inspector General Neil Barofsky, Who Oversaw HAMP, Said That The Program “Continues To Fall Short Of Any Meaningful Standard Of Success.” “The program has faced sharp criticism. Neil Barofsky, the departing special inspector general overseeing the program, has faulted the administration for launching it with inadequate analysis and only partially developed guidelines. This led to delays and confusion, and the program ‘continues to fall short of any meaningful standard of success,’ he said a report released in January.” (Alan Zibel and Louise Radnofsky, “Only 1 In 4 Got Mortgage Relief,” The Wall Street Journal, 2/28/11)

“It’s Official. Home Prices Have Double Dipped Nationwide, Now Lower Than Their March 2009 Trough, According To A New Report From Clear Capital.”(Diana Olick, “National Home Prices Double Dip,” CNBC, 5/5/11)

 “Home Values Posted The Largest Decline In The First Quarter Since Late 2008, Prompting Many Economists To Push Back Their Estimates Of When The Housing Market Will Hit A Bottom.” (Nick Timiraos, “Home Market Takes A Tumble,” The Wall Street Journal, 5/9/11)

The Oregonian: “Economists Who Once Predicted That Prices Would Bottom Out Sometime This Year Now Are Saying, Well, Maybe In 2012.” “Lenders have filed more than 300,000 foreclosures against American families every month for almost two years. As long as that’s occurring, the housing numbers will stay bleak. Home prices nationally have fallen for 57 consecutive months. … Economists who once predicted that prices would bottom out sometime this year now are saying, well, maybe in 2012. ” (Editorial, “American Housing: Underwater And Still Sinking,” The Oregonian, 5/9/11)

Posted in 2012, Campaign 2008, Chuck Norton, Corporatism, Economics 101, Mortgage Crisis, Obama and Congress Post Inaugration | Leave a Comment »

Obama’s Assault on South Carolina Jobs

Posted by iusbvision on May 13, 2011

Of course this is aside from his assault in Gulf Coast jobs with the illegal offshore drilling ban, the assault on Alaska jobs with the revocation of Shell’s oil rights, the assault on West Virginia jobs with the completely arbitrary revocation of mining permits, the assault on Nevada jobs with the political closing of the Yucca Mountain nuclear facility.

South Carolina Gov. Nikki Haley responds on this blatant show of corruption from the Obama Administration.

[Editor’s note – The Democrats used every sex smear in the book trying to defeat this governor in the last election.]

More details from Newt Gingrich in Human Events:

Suspicious Timing

In October 2009, Boeing decided to open a new production facility in North Charleston, SC to meet the growing demand for its 787 Dreamliner airplane.

The decision came after months of negotiations with the machinists union leadership at Boeing’s main production hub in Puget Sound, WA.  Since 1995, there have been five work stoppages in the Puget Sound plant. The most recent strike, in 2008, lasted 58 days and cost the company $1.8 billion.

Still, Boeing negotiated in good faith with the union leadership for the Puget Sound facility to try and find a way to open the new factory there.  In exchange, Boeing wanted a ten year moratorium on strikes so the additional capacity upon which the company was about to spend billions of dollars would be a sound investment.

Boeing and the union were unable to reach an agreement so the company looked elsewhere.  They eventually settled on South Carolina, which is one of the twenty two “right-to-work” states in our country where workers cannot be forced to join a union.

The complaint filed last month by the NLRB on behalf of the machinists union alleges that Boeing located the new facility away from Puget Sound in retaliation for the 2008 strike, which is illegal under the National Labor Relations Act.  It makes this accusation despite the months Boeing spent negotiating with the union to try and reach a deal to open the new facility in Puget Sound, and despite the fact that there is a clear legal precedent that allows companies to consider the impact of future strikes when deciding where to open new facilities.

It is the timing of NLRB’s complaint, in fact, which seems retaliatory in nature, not Boeing’s business decision.

The complaint comes a full seventeen months after Boeing announced the location of the new facility and thirteen months after the union leadership first asked NLRB to look into the issue.
Boeing has already begun construction of the new facility, hiring over 1000 people in South Carolina and investing $1 billion. This complaint puts all those jobs created and all that money invested at risk.

Unelected, Unconfirmed Bureaucrats Running Wild

This action by the NLRB is even more disturbing when you consider that it is being led by Lafe Solomon, the acting General Counsel for NLRB, who still needs to be approved by the Senate.  He only holds his position because of a recess appointment by President Obama.

The president also used a recess appointment to place Craig Becker on the NLRB after Becker was rejected by a Democratic Senate in 2010.

As a recent Daily Caller article discovered, Becker’s past writings reveal a disturbing socialist bent that bear directly on the Boeing complaint.

Becker has previously written that the federal government should control and constrain the freedom of companies to direct their capital and resources as they please in order to rig labor negotiations in favor of unions.   Becker has also written that the NLRB possesses the power to impose card-check policies on the nation without an act of Congress.

An Assault on the Right to Work

It is clear that President Obama is packing the NLRB board with left wing ideologues as a payoff to his union boss allies, so that the fix is in with regard to this case and others like it.

The move is consistent with an ongoing pattern in the Obama administration, in which they use the apparatus of big government to reward their allies and punish their opponents.

South Carolina Senator Lindsey Graham was exactly right when he characterized the complaint as “one of the worst examples of unelected bureaucrats doing the bidding of special interest groups that I’ve ever seen.”

If the NLRB is successful in overturning Boeing’s perfectly rational business decision, it puts tens of millions of future jobs in all 22 right-to-work states in jeopardy.  It would make it effectively impossible for U.S. companies to open new facilities in right-to-work states if they are currently located in one that allows forced unionization.

Global Competition Is a Fact, Not a Theory

The Left simply cannot come to grips with the intensity of global economic competition and the demands it places on U.S. economic policies.

This blindness to reality was on display in the reaction to a recent USA Today article showing that Americans paid less taxes in 2009 than any time since the 1950s.  The article has been used by the Left in recent days as a counter to the conservative case that tax increases would be devastating to any economic recovery, possibly driving us back into recession.

Their argument shows the Left is completely missing the point.  In the new global economy, America is not competing against itself from 1990, 1970 or 1950.

We are competing against Germany, which today has only a 15% federal corporate income tax (and recently hit a 19-year low in its unemployment rate), compared to a 35% corporate tax rate in the U.S., the highest of any central government in the industrialized world.

We are competing against Singapore, which has a capital gains tax of zero, compared to a potential 35% capital gains tax in the United States.

We are competing against Switzerland, which caps the federal personal income tax rate at 11.5%.

We are competing against Canada, which just last week reelected an incumbent Conservative government that has pledged to cut the corporate tax to 15% and lower the personal income tax for families – all while planning to balance its entire budget by 2015.

Consider the case of the New York Stock Exchange.  This icon of American free markets is now owned by a Dutch holding company.

That $10.2 billion takeover was driven by simple economic reality. As Walter Gavin, Vice President of Emerson, explains, the Netherlands has a tax code which makes it more profitable for the NYSE to be owned by a Dutch company than by an American one.  In fact, according to Gavin, the United States lost almost forty companies to Amsterdam in 2010 alone thanks to their more business friendly environment.

This brings us back to President Obama and his union allies’ assault on South Carolina jobs and all twenty two right-to-work states in America.

If the NRLB’s complaint is successful, U.S. companies will simply increase their flight of capital and new facilities to places outside the United States.  In the midst of a struggling economy, it will make it harder for businesses to operate in America, not easier.

The union bosses and their political allies in the White House aren’t going to save union jobs by attacking right-to-work states.  They’ll simply prevent new jobs from being created here in America.

More HERE.

Posted in 2012 Primary, Chuck Norton, Click & Learn, Dirty Tricks, Economics 101, Is the cost of government high enough yet?, Obama and Congress Post Inaugration | 1 Comment »

Obama: Releasing UBL Pictures May Cause Violence – UK Daily Mail: Barack Obama to release up to 2,000 photographs of prisoner abuse

Posted by iusbvision on May 13, 2011

We all heard it from the administration. We can’t see the UBL pictures because it might cause a backlash. So would any leftists care to explain this?

UK Daily Mail:

President Barack Obama is to release up to 2,000 photographs of alleged abuse at American prisons in Iraq and Afghanistan in a move which will reignite the scandal surrounding Abu Ghraib prison in 2004.

Posted in Chuck Norton, Dirty Tricks, Government Gone Wild, Obama and Congress Post Inaugration, Stuck on Stupid | Leave a Comment »

GAO – Government Shut Down Yucca Facility for Political Reasons, Not Scientific Ones

Posted by iusbvision on May 13, 2011

Remember when Obama said that science was going to have it’s rightful place restored in policy?

Well he shut down the facility in order to help Harry Reid’s re-election, but the permitting process to build a new facility will take 34 years.

There was nothing wrong with the old location besides the fact that Reid didn’t like it. What is our nuclear industry to do now? The Obama Administration has found yet another way to increase our energy costs.

Ed Morrissey and the NYT have more to say HERE.

Posted in Chuck Norton, Energy & Taxes, Is the cost of government high enough yet?, Obama and Congress Post Inaugration, Stuck on Stupid | Leave a Comment »

Gov. Rick Perry on the stream of lies from the Obama Administration. Withholding disaster funds for political reasons. – UPDATED!

Posted by iusbvision on May 13, 2011

Talk about a slow response to Katrina, how about no response because you are a Republican.

White House: Gov. Perry disrespected us because he would not greet us when the President flew in.

The Facts: Obama flew into El Paso, a two-hour flight for Gov. Perry and yet just a few hours later Obama was to be in Austin, where Gov. Perry was, for two fund-raisers. “We offered to meet the President here in Austin” says Gov. Perry. President Obama refused to meet with him.

White House: Border counties are safer than ever.

The Facts: The White House bases that number on the number of illegal immigration apprehensions. The apprehensions are down because the economy in the USA is bad and fewer people are coming across, but the drug cartels and border violence are up and some parts of the border have been ceded to the drug cartels and are not under our control.

White House: Gov. Perry is not telling the truth about the fires as the federal government is paying 75% of the bill.

The Facts: The Federal Government is helping with 25 fires out of 9000. [Editor’s Note – By the way, wild fires would not be so bad if the federal government did not have restrictions on forest management such as cutting fire breaks and cleaning underbrush.]

UPDATE – If you want to see the depth of President Obama’s border security lie, the Federal Government through the BLM is posting these signs in Arizona just south of Interstate 8. This is not just on the border as Interstate 8 is THREE COUNTIES inland.

If the border is safer than ever, why are these signs needed now and say not when Reagan was president or even Clinton?

The Arizona TEA Party recently posted this message on one of their web sites:

“Sheriff Dever’s Dept. (Cochise County) and also the Pinal County Sheriff’s Depts (Sheriff Paul Babeu) which are the two counties that are directly on the AZ/Mexican border, are now being sued by Obama and Eric Holder to prevent them from enforcing immigration laws? Mark, this situation has become extremely dangerous now. Not only are thousands of illegal Mexican immigrants crossing our border daily, we have thousands of OTM’s (Other Than Mexican….a-hem, middle-easterners).  Obama and Holder want to stop these Sheriff Depts from apprehending them, and handing them over to ICE for deportation.”

ABC’s Jake Tapper makes a few observations about the president’s border speech. He quotes the increase in border agents from the early Bush Administration, counting the increases authorized by the former president as his own. In short putting up a light fence on a few hundred miles of border when that border is thousands of miles long is hardly securing it, and neither is adding 3000 border agents which is an ounce in the bucket. Obama has hardly secured the border and in fact files harassment suits against local law enforcement to stop serious enforcement of it.

Posted in Chuck Norton, Click & Learn, Dirty Tricks, Government Gone Wild, Leftist Hate in Action, Obama and Congress Post Inaugration, True Talking Points | Leave a Comment »

Video and News Roundup April 1st

Posted by iusbvision on April 1, 2011

AWESOME: US and Japanese Forces Rescue Dog Swept to Sea Three Weeks Ago in Japan

Kristi Noem: Democrats are Rooting for a Government Shutdown

“The federal government accumulates more deficit every single day than my home state did in a year.”

Democrats are on retreat after the leadership was caught on tape plotting a government shutdown to increase deficit spending. Rasmussen: 57% prefer government shutdown to current levels of spending – LINK. Former DNC Chair Howard Dean: Democrats should root for a government shutdown – LINK.

Obama Administration Official: GOP Budget Cuts Will Kill 70, 000 Children…

This time both the Democrat and Republic strategist agree; not only is the statement preposterous, but you can say that about anything.

Why do we pay the people in Congress or the federal government or the military? Don’t you know how many lives we could “save” around the world with that money? Do it for the children!

Trump weighs in on the policy debate: If I am President Iran WILL NOT have a nuclear weapon. Iraq needs to pay us back, Saudi needs to pay us for protecting them and keeping them in power. The Arab League asked us to deal with Ghadaffi, they are super rich countries so pay for it! Trump talks China, trade, OPEC, taxes, jobs and more

This is a no miss interview, even if you do not take Trump seriously you should still watch it.

On trade, Trump is right but there will be consequences, a big tariff on China will mean an instant price increase in everything that is made there, which lately seems like most things. So the poor and middle class will take a hit, for a while. But it must be done. Trump is right that we are being sucked dry and we have had leaders who have not looked out for our economic interests (which is obvious).

The problem is that currency manipulation and labor costs are only a part of the problem. The Obama Deficit Commission which the media doesn’t want to talk about much lately is right in that our tax rates are too high, our tax code is too complicated and too hard to comply with, and we have so many regulations (many of which are corrupt to help political cronies) that it is impossible to comply with them all. We have so many regulations no one could even read them all in a lifetime so it is no mystery why investors and job creators do not want to invest here. Trump does hit on these problems, but does not tie it in with his narrative about the Chinese and others that are fleecing us. He should as it really is one problem.

Former CIA “bin-Laden Unit” Head To CNN Anchor: “You’re Just Carrying The Water For Mr. Obama”

Dr. Scheur wrote a “Bush bashing” book. He has also blasted Obama and Clinton for bad “war on terror” tactics/strategy. He was the head of the CIA’s bin-Laden unit. He was one of the sources for the film, “The path to 9/11”. Dr. Scheur almost always has facts that are not disputable, but of course his conclusions are open to debate. Scheur’s opinions are highly informed ones though and have merit even if I do not totally agree with them.

Like Dr. Niall Ferguson, Dr. Scheur has little tolerance for biased, no nothing reporters who are often less informed than his students.

Mexican Cartels Get Heavy Weapons from Central America, U.S. Cables Say

Dick Morris Reports: Wisconsin Reforms In Peril Due To Possible Election Of Radical Judge

Congressman Issa subpoena’s documents after Obama Administration stonewall in project gunrunner case. The administration was actively facilitating American guns going to the Mexican Drug Cartels and got caught. – LINK.

Police Caught On Tape Beating Black Man.

The man is a member of the Nation of Islam and allegedly as he was working at a night club he was taking keys from customers and going to their cars and stealing items such as GPS, computers and he was caught with a stolen firearm. You can see on the tape that he surrendered to police and they beat him for some time and there are multiple police obviously breaking the law so what you see here is an automatic conspiracy by police to break the law and cover it up. After all if there was no tape what would the police report have said? I have an idea, something like “the police were fighting this athletic perp and the police feared for their collective lives and very regrettably the suspect was injured but the police used all possible restraint”. So here is the rub, if the police in this video were capable of this, how can anything they say about the charges against this man be believed? This is why police need to have restraint especially if this man is guilty, because of this tape not only will he walk, but the city will be writing him a big fat check.  – LINK for the video and story.

More Obama Administration Nuttery: American servicewomen “encouraged” to wear “hijab” headscarves in Afghanistan – LINK.

‘Unprecedented’ Political Review of FOIA Requests by Homeland Security Department

So much for transparency – LINK.

Government Pays Failed Fannie Mae Execs Millions (again) – LINK.

Related:

Fannie Mae and Freddie Mac paying $210 million in bonuses with your money and no outrage why…..

Fannie and Freddie Amnesia: Taxpayers are on the hook for about $400 billion, partly because Sen. Obama helped to block reform.

Transparency, Congress & Corruption: AIG and Fannie Mae Bonuses

Rules For The and Not For Me:  Presidential limousine, security vehicles exempt from fed ‘green’ vehicle policy – LINK

Six of top 15 declining cities in California – LINK

Hello, I am from the Communist Party. Would you like to join?…

Evil with a smiley face. Notice how many in the second video are academics?

 

Posted in 2012, 2012 Primary, Chuck Norton, Health Law, Obama and Congress Post Inaugration, Post 2010 | Leave a Comment »

Sarah Palin: What We Were Saying One Year Ago About Obama’s Failed Energy Policy

Posted by iusbvision on April 1, 2011

Related – The latest lie from the left: Two-thirds of oil and gas leases in Gulf inactive

 

It’s unbelievable (literally) the rhetoric coming from President Obama today. This is coming from he who is manipulating the U.S. energy supply. President Obama is once again giving lip service to a “new energy proposal”; but let’s remember the last time he trotted out a “new energy proposal” – nearly a year ago to the day. The main difference is today we have $4 a gallon gas in some places in the country. This is no accident. This administration is not a passive observer to the trends that have inflated oil prices to dangerous levels. His war on domestic oil and gas exploration and production has caused us pain at the pump, endangered our already sluggish economic recovery, and threatened our national security. Through a process of what candidate Obama once called “gradual adjustment,” American consumers have seen prices at the pump rise 67 percent since he took office. Meanwhile, the vast undeveloped reserves that could help to keep prices at the pump affordable remain locked up because of President Obama’s deliberate unwillingness to drill here and drill now. We’re subsidizing offshore drilling in Brazil and purchasing energy from them, instead of drilling ourselves and keeping those dollars circulating in our own economy to generate jobs here. The President said today, “There are no quick fixes.” He’s been in office for nearly three years now, and he’s about to launch his $1 billion re-election campaign. When can we expect any “fixes” from him? How high does the price of energy have to go?

 

So, here’s a little flashback to what I wrote on March 31, 2010, at National Review Online’s The Corner:

 

Many Americans fear that President Obama’s new energy proposal is once again “all talk and no real action,” this time in an effort to shore up fading support for the Democrats’ job-killing cap-and-trade (a.k.a. cap-and-tax) proposals. Behind the rhetoric lie new drilling bans and leasing delays; soon to follow are burdensome new environmental regulations.  Instead of “drill, baby, drill,” the more you look into this the more you realize it’s “stall, baby, stall.”

 

Today the president said he’ll “consider potential areas for development in the mid and south Atlantic and the Gulf of Mexico, while studying and protecting sensitive areas in the Arctic.” As the former governor of one of America’s largest energy-producing states, a state oil and gas commissioner, and chair of the nation’s Interstate Oil and Gas Conservation Commission, I’ve seen plenty of such studies. What we need is action — action that results in the job growth and revenue that a robust drilling policy could provide.  And let’s not forget that while Interior Department bureaucrats continue to hold up actual offshore drilling from taking place, Russia is moving full steam ahead on Arctic drilling, and China, Russia, and Venezuela are buying leases off the coast of Cuba.

 

As an Alaskan, I’m especially disheartened by the new ban on drilling in parts of the 49th state and the cancellation of lease sales in the Chukchi and Beaufort seas. These areas contain rich oil and gas reserves whose development is key to our country’s energy security. As I told Secretary Salazar last April, “Arctic exploration and development is a slow, demanding process. Delays or major restrictions in accessing these resources for environmentally responsible development are not in the national interest or the interests of the State of Alaska.”

 

Since I wrote the above, we have even more evidence of the President’s anti-drilling agenda. We have the moratorium in the Gulf of Mexico as well as the de-facto moratorium in the Arctic. We have his 2012 budget that proposes to eliminate several vital oil and natural gas production tax incentives. We have his anti-drilling regulatory policies that have stymied responsible development. And the list goes on. The President says that we can’t “drill” our way out of the problem. But we can’t drive our cars on solar shingles either. We have to live in the real world where we must continue to develop the conventional resources that we actually use right now to fuel our economy as we continue to look for a renewable source of energy. If we are looking for an affordable, environmentally friendly, and abundant domestic source of energy, why not turn to our own domestic supply of natural gas? Whether we use it to power natural-gas cars or to run natural-gas power plants that charge electric cars, natural gas is an ideal “bridge fuel” to a future when more renewable sources are available, affordable, and economically viable on their own. It’s a lot more viable than subsidizing boondoggles like these inefficient electric cars that no one wants. I’m all for electric cars if you can develop one I can actually use in Alaska, where you can drive hundreds of miles without seeing many people, let alone many electrical sockets. But these electric and hybrid cars are not a quick fix because we still need an energy source to power them. That’s why I like natural gas, but we still have to drill for natural gas, and this administration doesn’t like drilling or apparently the jobs that come with responsible oil and natural gas development. They don’t have a coherent energy policy. They have piecemeal ideas for subsidizing impractical pet “green” projects.

 

I have always been in favor of an “all-of-the-above” approach to energy independence, but “all-of-the-above” means conventional resource development too.  It means a coherent, practical, and forward-looking energy policy. I wish the President would understand this. The good news is there is nothing wrong with America’s energy policy that another good old-fashion election can’t solve. 2012 is just around the corner.

 

– Sarah Palin

Posted in 2012, 2012 Primary, Chuck Norton, Energy & Taxes, Obama and Congress Post Inaugration, Palin Truth Squad, Regulatory Abuse | Leave a Comment »

The latest lie from the left: Two-thirds of oil and gas leases in Gulf inactive – UPDATED!

Posted by iusbvision on April 1, 2011

The talking point: What do you mean drill for more oil, the oil companies do not want to drill for more oil, they bought the leases and just let them sit there so we will pay Brazil to look for oil there.  [Oh by the way who has a huge money stake in Petro-Brazil? Obama money man and buddy George Soros – Editor]

That entire narrative is a complete scam as you will soon see.

AP:

WASHINGTON – An Interior Department report to be released Tuesday says more than two-thirds of offshore oil and gas leases in the Gulf of Mexico are sitting idle.

According to the report, obtained by The Associated Press, those inactive swaths of the Gulf could potentially hold more than 11 billion barrels of oil and 50 trillion cubic feet of natural gas. The report also shows that 45 percent of all onshore oil and gas leases are inactive.

President Barack Obama ordered the Interior Department review earlier this month amid pressure to curb rising gas prices. The White House says Obama will address his plans for the country’s energy security during a speech in Washington Wednesday.

The first problem is that the permitting process to actually get the permits to drill on the lease take years.The government puts years worth of roadblocks in the permitting process, this complicated by the fact that in each stage of the permitting process that gets approved by the federal government, eco-extremist groups sue to stop it.

Obama instituted an offshore drilling ban as was widely reported. The ban was illegal and a federal judge ordered him to stop. Obama ignored the court order. Then look at what Obama did to the regulations to have a de facto ban anyways. The film below explains how they did it. It will infuriate you.

So here is the situation, the government charges money for the lease and then works with anti-capitalist and eco-extremist groups to prevent that lease from ever getting the permits.

Related:

Obama pushed Brazil to drill more, promises aid to Brazil to help drill. While at home imposes drilling ban.

Obama Administration Held in Contempt for Violating Court Order

API: Recent Studies Show Obama Drilling Moratorium Will Cost 50,000 Jobs; 160,000 by 2032.

Heritage: Anti-Drilling Policies Costing Federal Government Billions in Lost Revenue

Now Russia, along with Mexico, Spain, Cuba, and China are building oil wells just miles off our shores while Obama keeps Americans out. UPDATE – Steve Forbes: Obama repeating Carter’s mistakes.

If You Ever Needed Proof that Democrats Want Higher Gas Prices…

UPDATE

Sarah Palin: What We Were Saying One Year Ago About Obama’s Failed Energy Policy

 

 

UPDATE II – Dick Morris:Obama has zeroed out new drilling permits. The few that are starting now are left over from permits that were approved from the Bush Administration

Posted in 2012, Chuck Norton, Dirty Tricks, Energy & Taxes, Leftist Hate in Action, Obama and Congress Post Inaugration, Regulatory Abuse, True Talking Points | Leave a Comment »

Roundup: Evan Bayh admits ObamaCare doesn’t reduce health costs; Rubio – America Can’t Survive Another Obama Term; Palin – Obama profoundly disappointing, Trump, Herman Cain and more!

Posted by iusbvision on April 1, 2011

Evan Bayh admits ObamaCare doesn’t reduce health costs. Of course he is on both sides of the issue as you listen to him talk. There is always an escape hatch with politicians like Evan Bayh. What about those three hidden multi-billion dollar slush funds that were in the bill Senator Bayh?

 

Marco Rubio: America Can’t Survive Another Obama Term

 

 

Palin on Obama Libyan Policy. Judging him by his own standards

 

Herman Cain talks to AIM about OPEC and China

 

Donald Trump: The media tries to find everyone doing something wrong – everyone BUT Obama; the birth certificate; the frauds and scams he has seen in his career; Bush and more.

Here is the deal with the birth certificate. It is not so much about where he was born, it is about transparency. How many times did Obama blast the Bush Administration for lack of transparency? Obama’s administration treats transparency with contempt as we and so many other have reported. The hypocrisy is glaring.

 

Rudy Giuliani: This administration doesn’t know what it’s doing. The rebels asked for our help, so we’re entitled to ask them a few questions right?

 

 

Posted in 2012, 2012 Primary, Chuck Norton, Click & Learn, Obama and Congress Post Inaugration | Leave a Comment »

AARP Making Mega-Millions on Corrupt ObamaCare “Easter Egg”

Posted by iusbvision on March 31, 2011

This is how some corrupt corporations make millions and scam the taxpayers. The AARP is supposed to be non profit. That means that they are not supposed to make hundreds of millions of dollars in profits, they are not supposed to be engaged in partisan politics and they are not supposed to be engaged in a huge conflict of interest. AARP has done all of this at the expense of their members and employees.

Related:

AARP and Many Others Hiking Premiums or Dumping Coverage Because of ObamaCare

Corrupt AARP Health Care Deal Puts Seniors at Risk

CBO: Obama is wrong, cuts in Medicare will result in benefit cuts. The corrupt AARP angle. UPDATED!

Ethics You Can’t Believe In: Special Interests Dominate Fiscal Responsibility Summit

Posted in 2012, Chuck Norton, Click & Learn, Economics 101, Health Law, Is the cost of government high enough yet?, Obama and Congress Post Inaugration | Leave a Comment »

ABC’s Jake Tapper Blasts Obama’s Double Standard on Jobs

Posted by iusbvision on March 31, 2011

ABC’s Jake Tapper on the double standard: “What would candidate Obama have said if Bush’s jobs adviser ran a company which outsourced thousands of jobs and paid no taxes on $14 billion in profits?

Jeffery Immelt with Obama

Politico (and Politico is very left friendly folks):

The results of GE’s tight relationship with the Obama administration are starting to show.

The company’s CEO, Jeffrey Immelt, went from being an Obama ally on green energy to being one of his top outside advisers on the economy in the last two years.

In the process, The New York Times reports, GE had one of its best years in 2010, in part by getting a huge tax benefit from Uncle Sam.

Last year, the company paid nothing to the government. Instead, the government paid GE $3.2 billion in tax breaks.

“Its extraordinary success is based on an aggressive strategy that mixes fierce lobbying for tax breaks and innovative accounting that enables it to concentrate its profits offshore,” according to The Times.

Some combination of aggressive lobbying for green energy tax incentives — for which the administration had pushed aggressively in the Recovery Act and in President Obama’s budgets to Congress over the last two year — and strategies run out of its in-house tax department have made GE one of the leading companies in reducing its corporate tax burden.

When Immelt was named the chairman of Obama’s Council on Jobs and Competitiveness in January, he acknowledged that his company has a reputation for running most of its business overseas, the result of more than three decades of reducing its domestic operations to minimize costs.

“I know that despite the fact that 60 percent of GE’s revenues are outside of the United States, I personally and this company share in the responsibly and the accountability to make sure that this is the most competitive and productive country in the world,” Immelt said in January.

But he neglected to mention that GE’s offshore operation also allows it to avoid paying most of its taxes to the federal government.

GE’s spokesman told the Times that reducing its tax burden is part of the company’s “responsibility” to its shareholders.

But it also appears to run contrary to Obama’s rhetoric about slowing the rapid offshoring of American jobs.

Posted in 2012, Campaign 2008, Chuck Norton, Jake Tapper, Obama and Congress Post Inaugration | Leave a Comment »

Obama’s Libya Speech: I am now for everything I ran against!

Posted by iusbvision on March 29, 2011

I was writing this long post as I was going through the speech and then I see my friend Scott Ott at PJTV posted a video which totally stole my thunder. Since a video is much more entertaining than a wall of textual analysis I will just post the video with a few observations of my own.

In Iraq we had real national interests. Saddam was giving money and other material support to terror groups including al-Qaeda. He had violated a cease-fire agreement and the diplomatic credibility was being trashed (if you do not think that this is a good reason to go to war than respectfully, you do not understand history, diplomacy or geopolitics worth a darn). There were 25 reasons in the Congressional resolution but a very important one went unspoken; Iraq is among the most cosmopolitan and secular Muslim countries, if we can make Democracy work there the Middle East has a chance, if we cannot we know what we have to prepare for.

There is one problem though. What are our national interests in this operation? Revenge for Pan Am 103 and the bombing in Europe. I can see that but its a little late on that score with all do respect to the families who are understandably crying out for justice. The question of pay back has value, but is it an honest argument by those who are making it?

The easy flow of oil is an interest but Libya doesn’t make a great deal of it when compared to other countries.

We are facing a very likely possibility that the Muslim Brotherhood and al-Qaeda will fill the power vacuum if Ghadaffi leaves and that is even worse than leaving Ghadaffi intact. If this is indeed the case than removing Ghadaffi goes against our national interests, which Bill Whittle alludes to in his comments below.

There have been some on the right who have had a double standard on this issue, they wanted Obama to go in, and now that he has they are all over him. A few have blatantly flip-flopped, but most are questioning why it took 30 days to make the decision. If it was a priority why not go in three weeks before when the rebels were getting slaughtered?

I refused to support any action there because I feared that whoever took power after Ghadaffi would be worse. In the case of Iraq we stayed to make sure that wouldn’t happen.

[Editor’s Note – You will notice Bill Whittle get a tad emotional in this video. Bill follows every word this president says in detail. He is very aware of how Obama will say that “government needs to live within its means” one day and offer up a budget with $1.6 trillion yearly deficits the next. Or how Obama will brag about how there was not one earmark in the failed Stimulus Bill and days later sign a $411 billion omnibus bill with 8000 earmarks in it. This is the same Obama that took credit for global oil production being up, in spite of the fact that he has instituted an illegal offshore drilling ban that reduced domestic production. The same Obama that blasts the oil industry for having oil leases that are not being drilled upon, while at the same time erecting regulatory hurdles that prevent them from using the leases while his environmental-extremist allies sue at each step of the permit process. So in short Bill has had it with this president, as any informed and sincere person would.]

I thought that the most ironic moment was when President Obama asked if we had to wait for pictures of mass graves before we did anything.

Speaking of mass graves – http://www.usaid.gov/iraq/legacyofterror.html

Countless photo’s (warning pics of mass graves) – http://www.9neesan.com/massgraves/

The interesting thing about irony is that it often brings you to the front door of hypocrisy.

This speech was such a plagiarization of what President Bush said of Iraq that the White House should start sending royalty checks to Texas.

UPDATE – Sarah Palin gives her policy review on this issue (video LINK). In short: Now that we are there if we let Ghadaffi stay in power he will live to seek revenge upon us, if we take him down it seems al-Qeada and/or Muslim Brotherhood may take over. Sound familiar?

Posted in 2012, Campaign 2008, China, Obama and Congress Post Inaugration | Leave a Comment »

Obama: I am better than Bush!!

Posted by iusbvision on March 28, 2011

Posted in 2012, Campaign 2008, Chuck Norton, Obama and Congress Post Inaugration | Leave a Comment »

My Concerns About the Operation in Libya & Egypt

Posted by iusbvision on March 27, 2011

I have had this column in my head for over a month, but I resisted posting it because I was using history as a guide along with my knowledge of the Middle East and the Obama Administration to make a trajectory. I had little evidence to go on but my instincts were strong. I ended up being correct and it was a valuable lesson in trusting oneself as a columnist and a person who does his homework.

While I support the idea of the international community stopping a mad dictator from orchestrating a mass slaughter of his own people when able, we have only seen uprisings in Arab countries where the governments are not associated with the Muslim Brotherhood. There is no freedom in Gaza or in Lebanon since Hezbollah took over and yet there are no democracy, peace and love protests. This did not look spontaneous to me.

On the English web sites of the Muslim Brotherhood they spoke of “peace, love, democracy, and social justice”, while watchdogs reported that on the Arabic web sites, sub groups were saying to get ready to deal with the Christians, infidels and Jews.

The Muslim Brotherhood is making moves to take power in Egypt and the elite media is keeping that pretty hushed in spite of the fact that it was in the NYT. If the Muslim Brotherhood does take over Egypt and Libya, it would mean that the United States under the Obama Administration helped them to do it.

Prof. Niall Ferguson spoke of this very concern on MSNBC – be sure to watch the ENTIRE video:  

Walid Shoebat, a former PLO terrorist whose family was close to the leadership of the Muslim Brotherhood agrees – LINK

Now we have learned that the rebel commander in Libya fought against the United States in Afghanistan and al-Qaeda is fighting alongside the rebels – LINK. Imagine a Muslim Brotherhood with al-Qaeda that have oil revenue at their disposal.

We have been fooled before. Jimmy Carter actively helped the Mullah’s in Iran take over the country and they too spoke of “peace, love, democracy and social justice”. When they took over the killings, rapes,  stonings and suppression of freedoms began. The United States pressured Lebanon to show the Islamists tolerance. As their numbers grew by immigration and they used our Western tolerance as a weapon against them.  Then the violence began. Now Hezbollah has taken over the country and freedom in Lebanon is fast coming to an end. They did so using the exact same tactics the Mullah’s used in Iran and the same tactics that Islamists are using in European countries now.

Traditional conservatives like myself have said that we believed that Obama would be the second administration of Jimmy Carter, it seems that we were even more correct than we feared. If the Muslim Brotherhood and its splinter groups like al-Qaeda manage to take over Egypt and Libya with our assistance this could prove to be the biggest disaster since we helped the Iranian regime come to power in 1979.

Why didn’t I say this so directly before? I have been concerned since I noticed the almost simultaneous rumblings of uprisings starting in mid to late January only happening in countries with governments opposed by the Muslim Brotherhood and its associated factions. Other than my noticing that particular coincidence I had no strong evidence to go on to bring to you here at IUSB Vision. I was not confident enough to make a declaration based on my gut feelings and the tiny craps of information I had.

Even after I saw that Prof. Ferguson and Walid Shoebat suspected as I did, at the time it was still a prediction, a suspicion of what they believed might come. After the chaos was over, the largest organized force in these countries is the Muslim Brotherhood. Now the evidence is coming in and it seems we have a real problem.

So lets examine the path we are going down.

Remember when the Director of National Intelligence (DNI) said that the Muslim Brotherhood was a secular organization? – LINK. The DNI was mocked my many including Niall Ferguson for this preposterous testimony. It is like he swallowed the propaganda on the Brotherhood’s English web site and regurgitated it as gospel.

Then Obama came out and said that the Muslim Brotherhood should be a part of the new Egyptian Government.

LA Times:

The Obama administration said for the first time that it supports a role for groups such as the Muslim Brotherhood, a banned Islamist organization, in a reformed Egyptian government.

The organization must reject violence and recognize democratic goals if the U.S. is to be comfortable with it taking part in the government, the White House said. But by even setting conditions for the involvement of such nonsecular groups, the administration took a surprise step in the midst of the crisis that has enveloped Egypt for the last week.

/facepalm Iran II here we come…

So Thursday, after the train has left the station here comes the New York Times to play catch up:

CAIRO — In post-revolutionary Egypt, where hope and confusion collide in the daily struggle to build a new nation, religion has emerged as a powerful political force, following an uprising that was based on secular ideals. The Muslim Brotherhood, an Islamist group once banned by the state, is at the forefront, transformed into a tacit partner with the military government that many fear will thwart fundamental changes.

It is also clear that the young, educated secular activists who initially propelled the nonideological revolution are no longer the driving political force — at least not at the moment.

As the best organized and most extensive opposition movement in Egypt, the Muslim Brotherhood was expected to have an edge in the contest for influence. But what surprises many is its link to a military that vilified it.

“There is evidence the Brotherhood struck some kind of a deal with the military early on,” said Elijah Zarwan, a senior analyst with the International Crisis Group. “It makes sense if you are the military — you want stability and people off the street. The Brotherhood is one address where you can go to get 100,000 people off the street.”

There is a battle consuming Egypt about the direction of its revolution, and the military council that is now running the country is sending contradictory signals. On Wednesday, the council endorsed a plan to outlaw demonstrations and sit-ins. [Yup real democratic – Iran & Lebanon here we come – Editor] Then, a few hours later, the public prosecutor announced that the former interior minister and other security officials would be charged in the killings of hundreds during the protests.

Egyptians are searching for signs of clarity in such declarations, hoping to discern the direction of a state led by a secretive military council brought to power by a revolution based on demands for democracy, rule of law and an end to corruption.

“We are all worried,” said Amr Koura, 55, a television producer, reflecting the opinions of the secular minority. “The young people have no control of the revolution anymore. It was evident in the last few weeks when you saw a lot of bearded people taking charge. The youth are gone.”

Suckers.

Fool me once shame on you (Iran). Fool me twice shame on me (Lebanon). Fool me three times and you’re a far left Democrat (Egypt). Fool me four times and you’re a progressive secular leftist who writes for the Washington Post. That’s right folks, even after all we have seen, the far left in the media are still fooled (or shall I say duplicitous). The Washington Post had a piece today saying that we should do the same in Syria – LINK. I see talking heads on the news say that we are supporting lawful democratic governments to take over. What nonsense.  The ties between the radical left and Islamists are no secret, especially on campus.

On a side note, Joe Biden once said that if President Bush took us to war without consulting Congress he would move to impeach him. Of course the Senate cannot impeach, another gaffe the elite media ignored, but now his administration has done just that in Libya.

UPDATE I – Let us be very clear just who it is that we are likely helping to take over a country.  This LINK will take you to a video of members of a different islamic sect being stoned and brutally murdered by a large group of Indonesian Islamists shouting Allah Akbar. This was done under police supervision according to the up-loader. I have the video cloned in case it is removed. The video is horrible and is not for the timid. Consider yourself warned.

UPDATE II Amnesty International:

EGYPTIAN WOMEN PROTESTERS FORCED TO TAKE ‘VIRGINITY TESTS’

23 March 2011

Amnesty International has today called on the Egyptian authorities to investigate serious allegations of torture, including forced ‘virginity tests’, inflicted by the army on women protesters arrested in Tahrir Square earlier this month.

After army officers violently cleared the square of protesters on 9 March, at least 18 women were held in military detention. Amnesty International has been told by women protesters that they were beaten, given electric shocks, subjected to strip searches while being photographed by male soldiers, then forced to submit to ‘virginity checks’ and threatened with prostitution charges.

‘Virginity tests’ are a form of torture when they are forced or coerced.

“Forcing women to have ‘virginity tests’ is utterly unacceptable. Its purpose is to degrade women because they are women,” said Amnesty International. “All members of the medical profession must refuse to take part in such so-called ‘tests’.”

20-year-old Salwa Hosseini told Amnesty International that after she was arrested and taken to a military prison in Heikstep, she was made, with the other women, to take off all her clothes to be searched by a female prison guard, in a room with two open doors and a window.  During the strip search, Salwa Hosseini said male soldiers were looking into the room and taking pictures of the naked women.

The women were then subjected to ‘virginity tests’ in a different room by a man in a white coat. They were threatened that “those not found to be virgins” would be charged with prostitution.

According to information received by Amnesty International, one woman who said she was a virgin but whose test supposedly proved otherwise was beaten and given electric shocks.

“Women and girls must be able to express their views on the future of Egypt and protest against the government without being detained, tortured, or subjected to profoundly degrading and discriminatory treatment,” said Amnesty International.

“The army officers tried to further humiliate the women by allowing men to watch and photograph what was happening, with the implicit threat that the women could be at further risk of harm if the photographs were made public.”

Journalist Rasha Azeb was also detained in Tahrir Square and told Amnesty International that she was handcuffed, beaten and insulted.

Following their arrest, the 18 women were initially taken to a Cairo Museum annex where they were reportedly handcuffed, beaten with sticks and hoses, given electric shocks in the chest and legs, and called “prostitutes”.

Rasha Azeb could see and hear the other detained women being tortured by being given electric shocks throughout their detention at the museum. She was released several hours later with four other men who were also journalists, but 17 other women were transferred to the military prison in Heikstep

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Obama denies knowing about ATF engineering the funneling of illegal guns to Mexican cartels, yet he is illegally blocking Congress from investigating.

Posted by iusbvision on March 26, 2011

Related:

ATF Whistle-blower: My bosses ordered me to allow illegal guns to flow to Mexican cartels

Obama illegally firing watchdogs and whistle-blowers. Replacing them with unqualified political cronies.

 

Obama says that he will let the IG (Inspector general) investigate this, but as well all know Obama has been firing IG’s and replacing them with political cronies.

Laura Ingraham with Senator Chuck Grassley:

You heard it right, legal and licence gun sellers were telling the ATF about what was going on and the ATF told them it was OK. ATF employees went to superiors and told them what was going and on that it was illegal, those employees were threatened with termination and told that they would end up as jailers in some county somewhere if they didn’t be quiet.

Those guns were used to kill U.S. federal agents.

Posted in 2012, Chuck Norton, Government Gone Wild, Obama and Congress Post Inaugration | Leave a Comment »

DOJ to white male bullying victims: Tough luck

Posted by iusbvision on March 26, 2011

This is a pattern with this administration. The Voting Rights Act doesn’t apply to white victims, laws against economic terrorism do not apply to the radical left etc. .

So much for equal justice under the law.

Washington Times:

The viral video sensation showing a bullying incident at an Australian school has brought the issue of bullying back into the spotlight. Here in the United States, the Obama administration has made school bullying a federal issue. Last week, President Barack Obama addressed an anti-bullying conference with First Lady Michelle Obama at his side. The administration’s anti-bullying campaign has been ongoing since the beginning of Mr. Obama’s term.  The Department of Justice announced in December 2010 its intention to hold liable school districts that fail to protect students that are bullied.

DOJ’s website states:

The Civil Rights Division and the entire Justice Department are committed to ending bullying and harassment in schools, and the video highlights the Department’s authority to enforce federal laws that protect students from discrimination and harassment at school because of their race, national origin, disability, religion, and sex, including harassment based on nonconformity with gender stereotypes.

The statement later says:

The enforcement of the Equal Protection Clause, Title IV of the Civil Rights Act of 1964, and Title IX of the Education Amendments of 1972 in school districts is a top priority of the Justice Department’s Civil Rights Division. Additional information is available at the Civil Rights Division’s Educational Opportunities Section website at http://www.justice.gov/crt/edo/.

Here is the catch. DOJ will only investigate bullying cases if the victim is considered protected under the 1964 Civil Rights legislation. In essence, only discrimination against a victim’s race, sex, national origin, disability, or religion will be considered by DOJ. The overweight straight white male who is verbally and/or physically harassed because of his size can consider himself invisible to the Justice Department.

Apparently, the Justice Department is going by George Orwell’s famous Animal Farm ending: “All animals are equal, but some are more equal than others.”

“We can only take action where we have legal authority,” wrote DOJ spokeswoman Xochitl Hinojosa in a December 2010 e-mail to The Washington Times Water Cooler. She continues:

“As stated in the website below, we are statutorily authorized to initiate suits under Title IV of the Civil Rights Act of 1964, the Equal Educational Opportunities Act of 1974, and under Title III of the American with Disabilities Act. More information on the Civil Rights Act, Equal Educational Opportunities Act, and the ADA can be found here:

http://www.justice.gov/crt/edo/faq.php#3

The Justice Department’s anti-bullying initiative is tantamount to bringing hate crime legislation to the public school system. Obviously, not only is the heterosexual white male student out of luck but  inner city minority students lose out in this deal too.

If a schoolyard bully is a straight black male and his target is another straight black male where does that leave the victim in the eyes of Attorney General Eric Holder? What about two female students of the same sexual orientation and race?  Is the victim in the latter situation considered to be less equal in the eyes of Obama’s Justice Department than a minority student who is picked on by a heterosexual white male student with no disabilities?

Unfortunately, the Justice Department is politicizing its priorities yet again. One must wonder why the administration believes it should be micro managing local school districts’ bullying problems. When the Justice Department is more interested in making ideological statements through seemingly sugar coated campaigns, no one should feel protected.

 

 

Posted in 2012, Chuck Norton, Culture War, Government Gone Wild, Obama and Congress Post Inaugration | Leave a Comment »

Obama refuses Congressional request on Obama meetings with lobbyists, mega corporations, interest groups and drug companies

Posted by iusbvision on March 26, 2011

Dick Cheney met with those oil guys in the Energy Task Force before they proposed legislation to drill that would have moved us closer to independence and lower gas prices. Democrats filibustered that legislation in the Senate to stop it. Don’t you wish they hadn’t today?

The left created all of these conspiracy theories about the meeting, demanded transcripts etc etc.

Well now the shoe is on the other foot and the left and the elite media are like this:

AP/Yahoo:

Obama tells GOP: Nice try on health care records

WASHINGTON – President Barack Obama once promised that negotiations over his health care overhaul would be carried out openly, in front of TV cameras and microphones. Tell that to the White House now.

Republican congressional investigators got the brush-off this past week after pressing for details of meetings between White House officials and interest groups, including drug companies and hospitals that provided critical backing for Obama’s health insurance expansion.

Complying with the records request from the House Energy and Commerce Committee “would constitute a vast and expensive undertaking” and could “implicate longstanding executive branch confidentiality interests,” White House lawyer Robert Bauer wrote the committee. Translation: Nice try.

It’s one more roadblock for Republicans who tapped into widespread anxiety about the scope and costs of the new health care law to regain control of the House in last fall’s elections.

So far, they’ve been unable to repeal the landmark legislation they dismiss as “Obamacare.” GOP efforts to deny administration agencies the money to carry out the law are running into unintended consequences, not to mention the sheer difficulty of tracking those dollars. Now it looks like oversight isn’t going to be easy either.

“We are both concerned and disappointed by your response,” the committee chairman, Rep. Fred Upton, R-Mich., wrote back to Bauer. “The American public deserves the information we have requested. The secret meetings conducted by (White House officials) are a perfect example of why transparency in government is so important.”

 

So much for the most transparent White House in history as Obama promised so many times.

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