By: Jeffrey Klein
The long anticipated Republican federal budget has been submitted, and it is framed as a pathway away from our “dependent culture,” by author Rep. Paul Ryan (R-WI), according to a FOXNews article today.
As expected, the Democrat reactions are rich in sound bite vitriol. But, more importantly, their arguments, claims and conclusions fall apart easily–like a cheap suit.
1. Democrats immediately blasted the plan as unbalanced and favoring corporations over Medicare recipients.
JK: Corporations are the real private sector economic generators of America, by far the greatest source of jobs, and the tax revenue–the life blood supporting Medicare, which would quickly cease to exist without them.
2. “It’s déjà vu all over again,” Rep. John Larson, D-Conn., chairman of the House Democratic Caucus, said Tuesday. He said the plan would make Medicare unrecognizable compared with its original form.
JK: You mean the one on schedule to be bankrupt in 2022?
3. “The American people have already rejected this plan before — and this year will be no different,” said Minority Leader Nancy Pelosi, D-Calif.
“The Republican proposal would end the Medicare guarantee, shift costs to seniors, and let Medicare wither on the vine, while providing billions in tax breaks for Big Oil and special interests and destroying American jobs.”
JK: Whenever a Democrat claims the favor of the American people–they are lying.
American voters fired almost 20 percent of the Democrat party in November 2010–because they rejected their financial mis-management and demanded real, immediate change.
As to “billions in tax breaks for Big Oil,” the oil and gas drilling industry was formerly one of the fastest growing sources of high paying jobs in the U.S., rising to 90,000 until Obama was elected, after which it has slid to just 60,000.
According to an article in Master Resource, an oil and gas industry blog … “The oil and gas production business pays about $140 billion annually in royalties and corporate income taxes to the US government.
In comparison, far from being a beneficiary of government subsidies, oil and gas producers receive little–about $2.2 billion in 2008.
The major recipients of government energy largesse are wind, solar, refined coal, and ethanol with more than 60% of federal energy subsidies. And this money buys us just about 4% of domestic energy production.”
The growing pile of bankrupt “green energy” companies has robbed the American taxpayer of almost $2 billion because of DOE loan write-offs, and throwing the thousands of [short-time] employees into already over-stressed unemployment benefit lines.
As for “special interests,” Rep. Pelosi’s leader is the king in that regard.
In the above mentioned “green energy” company debacles, Obama has put the investments of his “crony-capitalist” campaign cash bundlers ahead of the American taxpayer.
In addition to the 30,000 oil and gas jobs Obama has killed, his position as the greatest source of new government regulation in history, including the roundly hated Obamacare, has led to the longest period of high unemployment in the U.S. since the Great Depression.
Finally, let’s not forget Obama’s scratching the Keystone Pipeline—that would have produced 20,000 high paying jobs immediately—versus his imaginary truckload of “shovel-ready” jobs.
The psychographic profile of Democrats suggests that they exist, mentally and emotionally, in an alternate Universe, where common sense and logic are absent. Consequently, it is difficult, if not impossible, for them to be associated with any real solutions–just long on rhetoric and criticism.
Now, thanks to Holly McKay’s FOXNews article yesterday, we have an operating hypothesis as to why–based on a group of professional’s analysis of the characteristics of many Hollywood celebrities, 99.95% of whom are Liberal Democrats.
Here are the five top reasons cited, with celebrity being interchangeable with Democrat.
5. They have no idea how money management works.
“Most celebrities have extremely creative minds. But in my experience, the most creative folks tend not to want to spend time dealing with business issues,” tax and business expert Joseph M. Doloboff, Partner at Blank Rome LLP in Los Angeles.
‘Don’t they hire financial planners and business managers?
“Most of them do, but at the end of the day, these accounts are still in a celebrities’ name, which gives them ultimate control over their wealth,” said Certified Financial Counselor for Financial Advice for the Artist, Erin Elizabeth Burns.
Which can mean big spending, big mistakes and…
4. Bad advice.
Pete Krainik, Founder and CEO of The CMO Club, noted that some celebrities do not have the skill sets to identify and determine the right business/financial managers [economic advisors, Czars, etc.] for their needs.
In the case of the Obama Administration, only 8% of political appointees have any private sector business experience–they are mostly people from academia…like the hyper successful [Green] Energy Secretary, Stephen Chu.
3. Theft and fraud.
Doloboff also said prominent factors in a celeb’s financial crumbling is their tendency to bring “friends” — or family — or wealthy campaign cash bundlers– into the fray.
“Many … want to help their friends while simultaneously helping themselves,” he said.
This is quintessential Obama, and “The Chicago Way.”
2. Drugs, booze, and bad habits.
“You are far more likely to make poor decisions when under the influence of drugs or alcohol.”
The same goes for being drunk on power, while blinded by Narcissism.
1. Ridiculous overspending.
“Most celebrities have luxuries such as a cook, a driver, a personal stylist, a personal assistant etc.,” said Burns. “They become accustomed to this lifestyle.”
And it directly translates into the way they conduct business while in office.
Need I say more…?