By: Jeffrey Klein, Political Buzz Examiner
President Obama and the Democrats are at it again, trying to buy votes from all of working America, by demanding that the “temporary payroll tax holiday” not only be extended through 2012, but increased from 2 percent to 3.1 percent.
The idea behind it was that people would use this “found money” to make purchases and stimulate the economy, which in turn would produce jobs.
Instead, as people “feared” losing their jobs–as so many were around them–they used this money to pay down debts and put into savings.
Once again, President Obama spent $120 billion, and thereby “robbing” the Social Security fund, for absolutely zero reduction in the U.S. unemployment rate last year–and adding to the national debt.
Now, he wants to raise the payroll tax reduction amount by 50 percent, to $180 billion for 2012–and throw the dice on his brilliant idea again…expecting different results.
So, President Obama was in “full court [political] press,” as he warned that 160 million workers would see their take-home pay reduced by an average of $1,000 from last year, if Republicans did not agree to a “compromise” before the December 31st expiration date.
But now, essentially using taxpayer money, he is luring votes by raising the annual amount to $1,500, which as a Democrat aide said “We believe $1,500 is needed for your average working family,” according to a FOXNews article today.
An Obama “taxpayer-funded vote purchase plan” by any other name.
Last week, both the Democrat (Millionaire Tax-funded) and Republican (Entitlement Program reform-funded) versions of extension bills were defeated–so now, Senate Majority Leader Harry Reid (D-NV) will offer up his own “compromise” version for a floor vote.
Too bad Sen. Reid never consulted or even showed the “compromise” bill to Republicans.
Just as Sen. Reid was introducing the bill to the Senate, President Obama kept beating his drum for reporters …
“I know many Republicans have sworn an oath never to raise taxes as long as they live. How can it be the only time there’s a catch is when it comes to raising taxes on middle-class families? How can you fight tooth and nail to protect high-end tax breaks for the wealthiest Americans and yet barely lift a finger for taxes going up for 160 million Americans who really need the help? It doesn’t make sense.”
To address the demand by Republicans for offsetting budget cuts, to “plug” the hole in the Social Security Trust Fund created by this federal largesse, Obama glibly said …
“I just point out that they [Republicans] haven’t always felt that way. Over the last decade they didn’t feel the need to pay for massive [Bush]ntax cuts for the wealthiest Americans, which is one of the reasons we face such large deficits,” Obama said.
“So forgive me a little bit of confusion when I hear folks insisting on tax cuts being paid for.”
President Obama’s lack of U.S. history and economic knowledge is now legendary.
The so-called Bush tax cuts, which lowered the marginal tax rates on ALL income brackets, was in part a Republican solution to the 1999 “Dot.com” bust–left for him at the end of Bill Clinton’s presidency–which tax cuts ushered in a period of unparalleled prosperity, abundance and employment in America.
In stark contrast, President Obama’s galacticly expensive “measures”, financed with the steepest increase in national debt*–resulting in the first debt rating downgrade–in U.S. history, failed miserably and quickly, as they were aimed primarily at his voter base, labor unions and political cronies for deals like Solyndra Solar.
*Note: As to the increase in national debt, a view of the well made–but not updated–graph linked above, at the end of 2006 it was running at about 40% of GDP. Then, it began to rise precipitously after Democrats took control of the House and Senate at the beginning of 2007, rising to 60% of GDP by January 2009, when President Obama was elected. Since taking office, his administration has increased the amount from $10 trillion to $15 trillion–skyrocketing it to 100% of GDP, where it hasn’t been since 1943–the end of World War II.
Nothing could memorialize Barack Obama’s dismal failure more accurately than the staggeringly high and protracted 9% + unemployment rate, which has choked the life and joy out of America and ALL of her people.
President Obama made another, totally vacuous, statement, when he said … “Congress must act. Although the unemployment rate went down last month [myth], our recovery is fragile. We can not play games with unemployment insurance when there’s an unemployment rate that is still way too high.”
The truth of the matter is that the economy is not growing, and businesses are not hiring, because Obama, and his Liberal/Socialist administration have introduced Obamacare, suffocating regulations and a no holds barred anti-business attitude, which has quashed any hope for a recovery while he remains in office and Democrats retain the Senate.
The Democrats are setting the country up for a severe and unavoidable financial reconciliation–by writing very large checks that we will have to cash.
Copyright (c) 2011 by Jeffrey Klein
By: Arlen Williams
“Public-Private Partnership” is statism, is crony capitalism, is in today’s world, most often global Marxofascism.
Think of that when you see the triple-P phrase. Also: “smart growth,” or “sustainable development,” or “triple bottom-line finance,” or just “green.”
We will copy our prior post and add this, which covers more ground, including the very, very dirty Baron Buffett.
Hear the entire interview and be sure to go through the book together, as you recruit new candidates (in the GOP and perhaps even Democratic primaries) to oppose nearly each and every member of Congress in the 2012 election.
And it is very much time for independent and third party reform candidates for Congress to arise. How about the American Renewal Party?
Copy of original post (Tuesday, Nov. 29, 10:28am)
“No servant can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon.”
– Jesus the Messiah (Luke 16:13)
Peter Schweizer’s new book is Throw Them All Out.
Governor Palin referred to his work in her recent Wall Street Journal column, featured here.
Two brief interviews tell part of the story of this endemic corruption in Washington (and in state capitals throughout America).
The facts exposed in this book explain much of the tycoon transnationalist capture of the GOP, as well as DNC debauchery. The bigger and more multinational that corporations are, the more ungoverned they are – and the closer they tend to be in their aims and their complicity, to globalist, central bank financiers and all the authoritarian tyranny in the cauldron they fuel.
To the wolf: My, what big investment opportunities you have, grandma…
Schumer is an evil asshat. Now we are bribing illegals and terrorists to come here. Next, extortion to grant Americans passports (oh, wait, they’ve already covered that).
By: Trevor Loudon
Hip Hop/Rap music has been exploited by the left, as a revolutionary art form, since it first emerged in the 1980s.
One of Hip Hop’s most overtly political exponents is Peruvian born, Harlem raised, rapper Felipe Andres Coronel aka “Immortal Technique.”
Over his career, Immortal Technique has worked with the likes of Mos Def, Chuck D & Public Enemy, KRS-One, Brother Ali, Ill Bill and Pharoahe Monch – you might not know these names, but your kids probably will.
Technique’s latest project, “The Martyr,” boasts a “stellar line-up of collaborations” which includes Dead Prez, Styles P, Vinnie Paz, Joell Ortiz, Mela Machinko and even long time Marxist, Obama friend and adviser, Professor Cornel West.
Check this guy out. Strong language warning.
If enough kids, listen to enough of this stuff, for long enough, what will be the inevitable result?
By: Cliff Kincaid
Accuracy in Media
The publication that published scores of stories about sexual charges against Republican Herman Cain whitewashed the documented sex scandal that almost brought down Democratic Rep. Barney Frank, saying that a prostitute Frank hired through a “hot bottom” ad was just his “friend.” A liberal Democrat from Massachusetts, Frank has announced he will not run for another term.
Politico, a Washington, D.C.-based political publication, has been under fire from the conservative Daily Caller for a liberal bias that has undermined its credibility and caused it to rapidly lose readers. The Politico story about Frank depicts the congressman as one of Congress’s “most able legislators.” The author is a former staffer to a Democratic member of Congress.
Frank’s “friend,” also described as a “former lover,” was a prostitute who Frank had taken into the House gymnasium, in violation of House rules. The prostitute, Stephen Gobie said they had sex in the gym.
While Frank’s role in the financial crisis has been noted by some publications and commentators, the sex scandal that could have forced his resignation or expulsion from Congress was mostly ignored. Frank was reprimanded by the House for using his congressional office to do favors for Gobie. He refused to resign his seat in Congress.
Jonathan Allen of Politico gave the sex scandal a brief mention in a long positive story about Frank’s legacy. He reported, “Frank was reprimanded by the House for ethics violations in 1990 after a sex scandal in which a former lover ran a male-prostitution service out of Frank’s home. The ethics violations stemmed from Frank’s efforts to fix parking tickets and intervene with a parole officer on behalf of his friend.”
In fact, this “friend,” Gobie, was a male prostitute whom Frank initially paid $80 for anal sex, a dangerous form of sexual activity linked to the spread of HIV/AIDs.
Evidence showed that Frank found Gobie through a “hot bottom” ad in the Washington Blade, a homosexual paper. The ad for Gobie’s sexual services said, “Exceptionally good-looking, personable, muscular athlete is available. Hot bottom plus large endowment equals a good time.”
Allen, who covers Congress, previously co-authored a story accusing some Republicans of being “obsessed” with banning homosexual marriage. He was formerly a top staffer at Democratic Rep. Debbie Wasserman Schultz’s political action committee. His wife is Communications Director for Democratic Senator Kay Hagan.
“My wife and I made a small contribution to the reelection campaign of Sen. Blanche Lincoln (D-Ark.),” Allen wrote back in February of 2010, after deciding to go back to Politico, where he had already worked. He added, “Now, as I leave my job at Wasserman Schultz’s political action committee to make the transition back to journalism at Politico, there will be some who wonder whether I am a political operative just masquerading as a reporter.”
Allen’s Politico story on Frank certainly raises that concern. It ran in the print edition under the front-page headline, “Frank Legacy: ‘One of a Kind.’” The online version carried the headline, “Barney Frank’s parting shot: Congress is broken.”
Although Politico tried to suggest Frank knew nothing of what Gobie was doing in Frank’s own apartment, Gobie testified that Frank knew everything. The House Ethics Committee investigation of this scandal took Frank’s word for it. It also accepted Frank’s claim that no sex with Gobie occurred in the House gym, even though Gobie had provided an accurate description of the layout of the gym.
Their “friendship” was initially a matter of exchanging money for sex. Later, Gobie did personal errands for Frank for cash, amounting to several thousand dollars. Gobie used Frank’s personal car and ran up dozens of parking tickets, about half of which Frank got dismissed, claiming “official business” on Gobie’s part. This part of the scandal was confirmed by the House Ethics Committee.
Making the Politico treatment look almost objective by comparison, Robert G. Kaiser of The Washington Post wrote an article praising Frank, saying that his laudatory comments should be understood in the context that they have been friends for decades and that “We have maintained friendly relations ever since, so readers should be on notice that this article may want for objectivity.” The story ran under the headline, “With authenticity and intelligence, Barney Frank made his mark in Congress.”
Kaiser wrote that Frank was “an accomplished legislator, a congressman who made a difference. He was usually the smartest man in the room, and the funniest.”
Abby Goodnough of The New York Times called Frank “one of the nation’s most prominent gay elected officials,” adding that he also “blamed the conservative news media for the bitter divide that had made him reluctant to continue in Washington…” It was The Washington Times, the conservative alternative to The Washington Post, that broke the Frank sex scandal.
Ignoring the prostitution scandal, The New York Times said, “Mr. Frank, one of the first openly gay members of Congress, said that he wanted to spend more time with his partner, Jim Ready, and that he would no longer keep a residence in Washington after retiring.”
That “partner” was charged with marijuana possession, cultivation and use of drug paraphernalia back in 2007. Ready later pleaded guilty to civil possession of marijuana and paid a fine. The other charges were dismissed.
In a claim reminiscent of his statement that he didn’t know Stephen Gobie was running a prostitution ring out of his own apartment, Frank admitted that he was present at Ready’s home when Ready was arrested but didn’t know he was using and growing marijuana at the place. “I was not aware that Jim had these plants, and I was disappointed to learn that he did,” Frank said. He claimed that he wouldn’t recognize a pot plant if he saw one.
One of Frank’s previous “partners,” Herb Moses, was a Senior Executive at Fannie Mae, one of the government enterprises in the housing bubble and the subsequent recipient of billions of federal dollars through bailouts.
Frank was on the House Banking Committee while Moses worked to increase Fannie Mae’s questionable lending practices that led to the bubble. Bill O’Reilly of Fox News was one of the prominent conservative media personalities to challenge Frank on his role in encouraging the irresponsible lending.
Frank reportedly “broke up” with Moses in 1998, after ten years.
For Politico, Frank has emerged unscathed as a statesman after all of these controversies and documented scandals. Republicans, on the other hand, are going to be endlessly pilloried with charges that may or may not be true.
The treatment of Frank is another reason why Politico’s credibility is taking a nose dive.
Cliff Kincaid is the Director of the AIM Center for Investigative Journalism, and can be contacted at [email protected].