Confessions of a Spendaholic, by Barack Hussein Obama, the Ganef

Opinion 1.0


It's the economy, stupid. In a speech at the Brookings Institute today, President Obama threatened to spend our last bottom dollar. With an estimated $600 Billion still not spent in the stimulus bill, Obama now wants to spend the TARP funds paid back early from financial institutions. Actually, Congress would have to approve this. Is this an admission that the stimulus bill is a failure? Unemployment is at 10% and small businesses are still not hiring. Why not spend the remaining stimulus bill funds, as it was intended for. I can answer that question, President Obama has slated the rest of the stimulus monies in 2010, an election year. There isn't an ulterior motive, just strategic timing. The President spoke of "spending our way out of this recession." That really scares me. Why not use that money to pay back the debt. I posted last week that small business is sitting on the sidelines waiting to see the financial impact they will be burdened with. President Obama is not helping matters with his waffling on any sound decisions that often accompanies fudiciary inexperience. Also, I think the "statute of limitations" has now run out on blaming the Bush administration for everything. Obama criticized the previous administration's mis-management of TARP. He must have forgotten that he voted for it and pressured Bush to sign it. The President spoke of spending money on infrastructure, (highway & bridge construction) small business tax cuts and possibly retrofitting homes for energy efficiency. Why is the federal government paying for our house repairs. I need a new LCD television for the basement?  Obama often talks of being fiscally responsible, if he spends this ill gotten money, he will go down in history as a typical tax and spend liberal democrat. Our government is so out of touch with the people they work for. Maybe that is why his approval is the lowest in history in eleven months as President. Stop spending our Grand kids money.

POTUS speaking at the Brookings Institute:


He never gets it, he was the false choice:


 President Obama, Meet Margaret Thatcher


By Andrew B. Wilson on 12.8.09 @ 6:08AM

Mr. Obama plans to present a list of ideas to Congress on how to "jump-start private sector hiring and get Americans back to work." Here are some suggested ideas for his list.

#1). Begin with the admission that that you, as the leader of our government, are not equipped to solve the problem of joblessness. As Margaret Thatcher said, "The fact is that in a market economy government does not -- and cannot -- know where jobs will come from: If it did know, all those interventionist policies for 'picking winners' and 'backing success' would not have picked losers and compounded failure."

#2). Own up to some fuzzy thinking when you said last week that "I still consider one job lost one job too many." This is the same mistake that Eleanor Roosevelt made when she wrote in a syndicated newspaper column in 1945, "We have reached a point today where labor-saving devices are good only when they do not throw a worker out of his job." Jobs are constantly being both created and destroyed in a dynamic free economy. In a competitive marketplace, every employer strives to become more economical and efficient -- investing in new and better equipment in order to reduce the amount of labor that is required to produce a given output.

#3). This is not -- as commonly supposed by liberals -- a race to the bottom. Rather, it is the real key to lifting living standards and generating stable employment. Through private sector capital investment, workers become more productive, better paid, and therefore better able to trade the fruits of their labor for what workers in other professions or industries have produced. As Thatcher said, "The right way to attack unemployment is to produce more goods more cheaply, so more people can afford to buy them."

#4). Propping up losing companies like General Motors and Chrysler is ultimately counter-productive from the viewpoint of saving jobs. The essence of private enterprise is that businesses go out of business if they fail to satisfy their customers and provide a competitive return on investment to their owners or shareholders. The threat of failure hangs like the sword of Damocles over all business. It is a necessary and powerful incentive for improved performance.

#5). Now would be a good time to announce the cancellation of all future "job summits." These high-level confabs bringing together leaders of industry, organized labor and government only serve to stoke the "fatal conceit" -- as Friedrich Hayek called it -- that it is possible to bring together a group of people who will be able to outperform the marketplace in knowing how best to run the economy. This is a socialist idea, and it has been proven wrong again and again.

#6). Now would be an even better time to announce that you have had a change of heart regarding the misnamed and undemocratic Employee Free Choice Act, which takes away from workers the right to a secret ballot in union elections. Elimination of this legislation would be an extremely positive step in restoring business confidence.

#7). One should dispense with the idea that tinkering at the edges with broad tax credits to businesses that expand their payrolls will do any good. This would have the unintended consequence of rewarding of employers that were planning to hire anyway. More to the point, however, it incentivizes the wrong thinking and behavior. Businesses shouldn't start with the idea of creating jobs; they should start with the idea of creating value for customers.

#8). The best thing that government can do to help create private sector employment is to take less money away from the private sector by reducing both taxes and public spending. Again, as Thatcher said, "Since jobs in a free society do not depend upon government but upon satisfying customers, there (is) no point in setting targets for 'full' employment. Instead, government should create the right framework of sound money, low taxes, light regulation and flexible markets (including labor markets) to allow prosperity and employment to grow."

Jobs or Snow Jobs?


By Thomas Sowell

President Obama keeps talking about the jobs his administration is "creating" but there are more people unemployed now than before he took office. How can there be more unemployment after so many jobs have been "created"?

Let's go back to square one. What does it take to create a job? It takes wealth to pay someone who is hired, not to mention additional wealth to buy the material that person will use.

But government creates no wealth. Ignoring that plain and simple fact enables politicians to claim to be able to do all sorts of miraculous things that they cannot do in fact. Without creating wealth, how can they create jobs? By taking wealth from others, whether by taxation, selling bonds or imposing mandates.

However it is done, transferring wealth is not creating wealth. When government uses transferred wealth to hire people, it is essentially transferring jobs from the private sector, not adding to the net number of jobs in the economy.

If that was all that was involved, it would be a simple verbal fraud, with no gain of jobs and no net loss. In reality, many other things that politicians do reduce the number of jobs.

Politicians who mandate various benefits that employers must provide for workers gain politically by seeming to give people something for nothing. But making workers more expensive means that fewer are likely to be hired.

During an economic recovery, employers can respond to an increased demand for their companies' products by hiring more workers-- creating more jobs-- or they can work their existing employees overtime. Since workers have to be paid time-and-a-half for overtime, it might seem as if it would always be cheaper to hire more workers. But that was before politicians began mandating more benefits per worker.

When you get more hours of work from the existing employees, you don't need to pay for additional mandates, as you would have to when you get more hours of work by hiring new people. For many employers, that makes it cheaper to pay for overtime. The data show that overtime hours have been increasing in the economy while more people have been laid off.

There is another way of reducing the cost of government-imposed mandates. That is by hiring temporary workers, to whom the mandates do not apply.

The number of temporary workers hired has increased for the fourth consecutive month, even though there are millions of unemployed people who could be hired for regular jobs, if it were not for the mandates that politicians have imposed.

Economists have long been saying that there is no free lunch, but politicians get elected by seeming to give free lunches, in one form or another. Yet there are no magic wands in Washington to make costs disappear, whether with workers or with medical care. We just pay in a different way, often a more costly way.

Nor can these costs all be simply dumped on "the rich," because there are just not enough of them. Often people who are far from rich pay the biggest price in lost opportunities. A classic example is the minimum wage law.

Minimum wage laws appear to give low-income workers something for nothing-- and appearances are what count in politics. Realities can be left to others, so long as appearances get votes.

People with low skills or little experience usually get paid low wages. Passing a minimum wage law does not make them any more valuable. At a higher wage, it can just make them expendable. Raising the minimum wage in the midst of a recession was guaranteed to increase unemployment among the young-- and it has.

None of this is peculiar to the current administration. The Roosevelt administration created huge numbers of government jobs during the 1930s-- and yet unemployment remained in double digits throughout FDR's first two terms.

Constant government experiments with new bright ideas is another common feature of Obama's "change" and FDR's New Deal. The uncertainty that this unpredictable experimentation generates makes employers reluctant to hire. Destroying some jobs while creating other jobs does not get you very far, except politically. But politically is what matters to politicians, even if their policies needlessly prolong a recession or depression.

Daft Statement of the Day:
 "spend our way out of this recession."
Barack Hussein Obama, December 8, 2009 Mr. Obama, we are out of money. CP

Hypocrisy of the week:
140 private jets + 1200 limos = Copenhagen Carbon Party. I guess it's easy to promote pulbic transit when your "public transit" has wings and burns 700 gallons of taxper funded fuel per hour.

Kill Bill Vol. III:


Opposition to Senate Healthcare Bill: Call your Senators!

"We the people" must stop the Obamacare Proposals: I am formally asking (pleading) with you to muster up the initiative and enthusiasm to fight the healthcare bill that will emerge in the end of the year. First, there are 2 bills (proposals) that will somehow be merged into one bill. Liberals are adamant about some form of "Public Option." (Government Run Option) I think the democrats believe they can push this bill through while we are sleeping. The democrats have blocked many bills that would allow the final bill to be posted on the internet 72 hours prior to a vote. Why? you know why. We must oppose this more than we did over the summer. Let them know, we are not against healthcare reform, just not a total makeover. Call and email your representatives. I have emailed and called mine so many times, they are referring to me by my first name. Write an old fashioned letter, it has a lot of importance. Attend your local tea parties and townhalls to voice your opinions and make a overwhelming presence. Below, is a little list how you can get involved. It is our civic duty. "It is our Country."

http://www.congress.org/
http://www.joinpatientsfirst.com/
http://www.freedomworks.org/
http://www.resistnet.com/
http://www.teapartypatriots.com/
http://www.teaparty.org/
http://www.taxpayer.org/
http://www.taxpayer.net/
info@cmpi.org
http://www.fairtax.org/
http://www.conservativeamericansunited.org/

CALL YOUR SENATORS! EMAIL YOUR SENATORS! CALL YOUR SENATORS! EMAIL YOUR SENATORS!

Polls you can live by:

27% Strongly approve of President Obama's job performance.
38% Strongly disapprove.
Presidential Approval Rating Index: -11
47% Somewhat approve of President's job performance.
52% Somewhat disapprove
41% Approve of healthcare reform.
51% Disapprove of healthcare reform
-10 difference.
79% believe we should audit the Fed.

Quote du jour:
 "Never spend your money before you have it." (Mr. Obama)

Thomas Jefferson (1743 - 1826)

Contact: conservative09@gmail.com

References:
http://www.hotair.com/
http://www.weeklystandard.com/
http://www.americanspectator.com/
http://www.realcleapolitics.com/
http://www.newsmax.com/
http://www.newsbusters.com/
http://www.thehill.com/
http://www.drudge.com/
http://www.biggovernment.com/
Andrew B. Wilson
http://www.rasmussen.com/
Thomas Sowell
http://www.youtube.com/
http://www.msnbc.com/
http://www.quotationspage.com/

Silence is Green? Shame on the Media and Obama

Opinion 1.0

Fourteen days and counting... It is travesty for the media of the United States of America to avoid reporting anything on the explosive science story of the century, ClimateGate. Then, there's a bigger travesty, the Obama White House refusing to investigate ClimateGate. I guess it doesn't fit his narrative. How else will he pass "Crap & Tax." I don't know how NBC, MSNBC, CNN, ABC, CBS and the BBC has the gall to call themselves "worthy news agencies."  I just checked the forementioned news companies and not a word on ClimateGate. As sad as it sounds, this is where we are in this day and age. Selective news reporting to satisfy a political narrative. They have been supporting this ideology for years. I heard Al Gore, Jr. is at a retreat wondering how the AGW conspiracy unravelled. This ClimateGate story is going uber huge.  It is unbelievably popular in the Blogesphere. Fox news and the net has brought this story into the forefront of news before the summit in Nopenhagen. ClimateDepot, Professor Patrick Daniels, Christopher Monckton and other scientists and skeptics have been chomping at the bit for years opposing Anthropogenic Global Warming.  I'm sure the skeptics feel vindicated. They have been outcast for years and often have not been able to get research published because of the AGW advocates strong-arming the science magazine's editors not to print their material forgoing the "peer review process." Will the state run media incorporate any of the ClimateGate fraud during the Denmark debacle? Will they just keep running the same stories of " we are killing the planet and we must do something now." I'm taking bets! Gore has cancelled his speech in Copenhagen without reason. Fishy? On a different note, do you think Obama feels his empire or perceived empire is falling apart? Healthcare is still not agreeable, cap & trade is DOA now, politicians will run from this, conservatives are getting ready to put up a good fight against Immigration reform. "Nope & Chains"  New Zealand has just defeated a climate change bill and many other countries are voicing skepticism concerning the scientific data supplied to the IPCC at the United Nations. This information was deemed the most accurate and a lot of countries and organizations utilized it for their causes. Now, everything has bee turned upside down with ClimateGate. In my humble opinion, I think Copenhagen should be postponed or cancelled until all investigations are completed.  I don't think much will be accomplished now.

Phil Jones being reprimanded at St. Anglia University:


 Copenhagen climate change talks must fail, says top scientist Exclusive: World's leading climate change expert says summit talks so flawed that deal would be a disaster.

The scientist who convinced the world to take notice of the looming danger of global warming says it would be better for the planet and for future generations if next week's Copenhagen climate change summit ended in collapse.

James Hansen talks to Suzanne Goldenberg Link to this audio In an interview with the Guardian, James Hansen, the world's pre-eminent climate scientist, said any agreement likely to emerge from the negotiations would be so deeply flawed that it would be better to start again from scratch.

"I would rather it not happen if people accept that as being the right track because it's a disaster track," said Hansen, who heads the Nasa Goddard Institute for Space Studies in New York.

"The whole approach is so fundamentally wrong that it is better to reassess the situation. If it is going to be the Kyoto-type thing then [people] will spend years trying to determine exactly what that means." He was speaking as progress towards a deal in Copenhagen received a boost today, with India revealing a target to curb its carbon emissions. All four of the major emitters – the US, China, EU and India – have now tabled offers on emissions, although the equally vexed issue of funding for developing nations to deal with global warming remains deadlocked.

Hansen, in repeated appearances before Congress beginning in 1989, has done more than any other scientist to educate politicians about the causes of global warming and to prod them into action to avoid its most catastrophic consequences. But he is vehemently opposed to the carbon market schemes – in which permits to pollute are bought and sold – which are seen by the EU and other governments as the most efficient way to cut emissions and move to a new clean energy economy.

Hansen is also fiercely critical of Barack Obama – and even Al Gore, who won a Nobel peace prize for his efforts to get the world to act on climate change – saying politicians have failed to meet what he regards as the moral challenge of our age.

In Hansen's view, dealing with climate change allows no room for the compromises that rule the world of elected politics. "This is analagous to the issue of slavery faced by Abraham Lincoln or the issue of Nazism faced by Winston Churchill," he said. "On those kind of issues you cannot compromise. You can't say let's reduce slavery, let's find a compromise and reduce it 50% or reduce it 40%."

He added: "We don't have a leader who is able to grasp it and say what is really needed. Instead we are trying to continue business as usual."

The understated Iowan's journey from climate scientist to activist accelerated in the last years of the Bush administration. Hansen, a reluctant public speaker, says he was forced into the public realm by the increasingly clear looming spectre of droughts, floods, famines and drowned cities indicated by the science.

That enormous body of scientific evidence has been put under a microscope by climate sceptics after last month's release online of hacked emails sent by respected researchers at the climate research unit of the University of East Anglia. Hansen admitted the controversy could shake public's trust, and called for an investigation. "All that stuff they are arguing about the data doesn't really change the analysis at all, but it does leave a very bad impression," he said.

The row reached Congress today, with Republicans accusing the researchers of engaging in "scientific fascism" and pressing the Obama administration's top science adviser, John Holdren, to condemn the email. Holdren, a climate scientist who wrote one of the emails in the UEA trove, said he was prepared to denounce any misuse of data by the scientists – if one is proved.

Hansen has emerged as a leading campaigner against the coal industry, which produces more greenhouse gas emissions than any other fuel source.

He has become a fixture at campus demonstrations and last summer was arrested at a protest against mountaintop mining in West Virginia, where he called the Obama government's policies "half-assed".

He has irked some environmentalists by espousing a direct carbon tax on fuel use. Some see that as a distraction from rallying support in Congress for cap-and-trade legislation that is on the table.

He is scathing of that approach. "This is analagous to the indulgences that the Catholic church sold in the middle ages. The bishops collected lots of money and the sinners got redemption. Both parties liked that arrangement despite its absurdity. That is exactly what's happening," he said. "We've got the developed countries who want to continue more or less business as usual and then these developing countries who want money and that is what they can get through offsets [sold through the carbon markets]."

For all Hansen's pessimism, he insists there is still hope. "It may be that we have already committed to a future sea level rise of a metre or even more but that doesn't mean that you give up.

"Because if you give up you could be talking about tens of metres. So I find it screwy that people say you passed a tipping point so it's too late. In that case what are you thinking: that we are going to abandon the planet? You want to minimise the damage."

• James Hansen's book Storms of My Grandchildren is published by Bloomsbury

Daft Statement of the day:
"Unlike some people, I never pardon anyone."
Mitt Romney

Kill Bill Vol. III:


Opposition to Senate Healthcare Bill: Call your Senators!

"We the people" must stop the Obamacare Proposals: I am formally asking (pleading) with you to muster up the initiative and enthusiasm to fight the healthcare bill that will emerge in the end of the year. First, there are 2 bills (proposals) that will somehow be merged into one bill. Liberals are adamant about some form of "Public Option." (Government Run Option) I think the democrats believe they can push this bill through while we are sleeping. The democrats have blocked many bills that would allow the final bill to be posted on the internet 72 hours prior to a vote. Why? you know why. We must oppose this more than we did over the summer. Let them know, we are not against healthcare reform, just not a total makeover. Call and email your representatives. I have emailed and called mine so many times, they are referring to me by my first name. Write an old fashioned letter, it has a lot of importance. Attend your local tea parties and townhalls to voice your opinions and make a overwhelming presence. Below, is a little list how you can get involved. It is our civic duty. "It is our Country."

http://www.congress.org/
http://www.joinpatientsfirst.com/
http://www.freedomworks.org/
http://www.resistnet.com/
http://www.teapartypatriots.com/
http://www.teaparty.org/
http://www.taxpayer.org/
http://www.taxpayer.net/
info@cmpi.org
http://www.fairtax.org/
http://www.conservativeamericansunited.org/

CALL YOUR SENATORS! EMAIL YOUR SENATORS! CALL YOUR SENATORS! EMAIL YOUR SENATORS!

Polls you can live by:

28% Strongly approve of President Obama's job performance.
40% Strongly disapprove.
Presidential Approval Rating Index: -12
46% Somewhat approve of President's job performance.
54% Somewhat disapprove
*Nineteen straight days in negative double digits.

Quote du jour:
"Nothing endures but change."

Heraclitus (540 BC - 480 BC), from Diogenes Laertius, Lives of Eminent Philosophers

Contact: conservative09@gmail.com

References:
http://www.hotair.com/
http://www.weeklystandard.com/
http://www.climatedepot.com/
http://www.americanspectator.com/
http://www.realclearpolitics.com/
http://www.thehill.com/
http://www.politico.com/
http://www.quotationspage.com/
http://www.youtube.com/
http://www.rasmussen.com/
http://www.junkscience.com/
http://www.newsbusters.com/
http://www.snopes.com/

Job Summit or Abyss?

Opinion 1.0

Job creation, it's so easy even a caveman could do it! Not the Obama administration. The administration continues down the Keynesian Economics path of no return. This publicity stunt of a so called job summit will accomplish nothing but a photo op. After listening to the President speech at the summit, I am horrified because he doesn't have a clue on fixing the econonmy. Is this summit an admission of failure? He invites a bunch of  leftist eletists, Ivy league buddies, union members, teachers, a couple of Wall Street supporters and no small business owners. Where were the National Chamber of Commerce members, NFIB (National Federation of Independent Business, members of Congress, SBA, small business owners or maybe, a regular Joe Smoe. Anyone who is anyone in finance, has recommended that we adopt supply side economics, cut taxes and remove the Government from the private sector. The President blamed the business owners of hoarding profits and maintaining slimmer workforces to capitalize their profits. That is why they are not hiring. Get a clue! Also, uncuff businesseses with the highest corporate taxes and regulation in the industrialized world. Small business owners are not hiring because they see more taxes and expenses on the horizon. The small business owners are waiting on the sidelines, not hiring employees, not expanding their businesses, in some cases, laying off employees anticipating higher cost of doing business. One other issue is the banks are not lending money. This makes it diificult to expand your business. I've seen it in my business. Customers being extremely cautious spending capital, delaying expenditures, credit lines being reduced without warning. It isn't all gloom and doom. Small business and American ingenuity will prosper. Plain and simple. Obama will realize at some point, maybe when unemployment hits 13%, will be forced to make many conservative based adjustments to help the economy recover. The other major stumbling block is the out-of-control spending from the President and Congress. Presidents Kennedy and Reagan cut taxes and their economies soared. This will seriously damage Obama's socialistic psyche and he probably would destroy the economy before he does this. I know this is beating a dead dog, however, we need a straight 17% income tax without deductions. The 49% of Americans that do not pay any income tax need to pony up. What do they care how much the Government spends when they don't pay anything now? Obama can only tax the rich so much before the rich stops working or moving out of the country. If we cut cut the estate, capital gains and income taxes, the Government coffers would be overflowing with revenue and the unemployment would drop drastically. Mr. Obama, please be a student of history. I know this is a pipedream, but, I wish we would explore becoming more energy independent. Oil, oil shale, natural gas, clean coal and nuclear would create hundreds of thousands of jobs. Save our economy.

Start Varney sums up Job Summit:
 


ClimateGate:
This couldn't have come at a more convenient time. Christopher Monckton (3rd Viscount Monckton of Brenchley) has done a brilliant job on ClimateGate.  Monckton lays out the fraudulent science on Climate Change. This is a must read.

 http://scienceandpublicpolicy.org/images/stories/papers/originals/Monckton-Caught%20Green-Handed%20Climategate%20Scandal.pdf


Obama Family lights (wastes energy) the White House Christmas  Holiday  Pine Tree.


Word of the week:
Transgression: The action of going beyond or overstepping some boundary or limit.

Coming to the Capitol Theatre:
$300 billion  in Jobs Porkulus. Starring the liberal democrats. That's right, it's OK, we can print some more money. Your grandkids will pay for it. In November 2010, let's send half of the house and one third of the senate home without their jobs.

Kill Bill Vol. III:


Opposition to Senate Healthcare Bill: Call your Senators!

"We the people" must stop the Obamacare Proposals: I am formally asking (pleading) with you to muster up the initiative and enthusiasm to fight the healthcare bill that will emerge in the end of the year. First, there are 2 bills (proposals) that will somehow be merged into one bill. Liberals are adamant about some form of "Public Option." (Government Run Option) I think the democrats believe they can push this bill through while we are sleeping. The democrats have blocked many bills that would allow the final bill to be posted on the internet 72 hours prior to a vote. Why? you know why. We must oppose this more than we did over the summer. Let them know, we are not against healthcare reform, just not a total makeover. Call and email your representatives. I have emailed and called mine so many times, they are referring to me by my first name. Write an old fashioned letter, it has a lot of importance. Attend your local tea parties and townhalls to voice your opinions and make a overwhelming presence. Below, is a little list how you can get involved. It is our civic duty. "It is our Country."

http://www.congress.org/
http://www.joinpatientsfirst.com/
http://www.freedomworks.org/
http://www.resistnet.com/
http://www.teapartypatriots.com/
http://www.teaparty.org/
http://www.taxpayer.org/
http://www.taxpayer.net/
info@cmpi.org
http://www.fairtax.org/
http://www.conservativeamericansunited.org/

CALL YOUR SENATORS! EMAIL YOUR SENATORS! CALL YOUR SENATORS! EMAIL YOUR SENATORS!


Daft Statement of the week:  
"Climategate should be called email-theft gate."
Senator Barbara Boxer, D-Ca.

Quote du jour:
"Ethical axioms are found and tested not very differently from the axioms of science. Truth is what stands the test of experience."
Albert Einstein
 
Contact: conservative09@gmail.com
 
References:
http://www.hotair.com/
http://www.nro.com/
http://www.weeklystandard.com/
http://www.drudge.com/
http://www.americanthinker.com/
http://www.politico.com/
http://www.foxnews.com/
http://www.realclearpolitics.com/
http://www.newsmax.com/
http://www.newsbusters.com/
http://www.factcheck.org/
http://www.snopes.com/
http://www.quotationspage.com/
http://www.youtube.com/