Forget about MSM reporting the news, Drive By Media campaigning for Second Obama Economic Stimulus.
More here from NewsBusters
Archive for the ‘Budget Crisis’ Category
Obama Surrogates: MSM Calls For Stimulus 2
Tuesday, October 13th, 2009Obama Considering Newspaper Bailouts
Sunday, September 20th, 2009
A year ago Michelle Malkin was only joking when she said, “…it wouldn’t be long before the junk bond NY Times was lining up for a government bailout…”
With a huge $1.38 Trillion Dollar Budget Deficit in August, a new record during Obama’s watch, this administration is now happy to look at bills before Congress to bailout newspapers.
In March, I wrote here that Sen. Ben Cardin, D-MD has introduced the Newspaper Revitalization Act that would give outlets tax deals if they were to restructure as a 501(c)(3) corporation.
Michael Winther, President of the Institute for Principle Studies and an adjunct scholar with the Mackinac Center for Public Policy, earlier this year argued Five Principles That Are Violated By Government Bailouts calling the enormous government bailout expenditures “super socialism because it involves every component of socialism: the forced redistribution of wealth, increased government control of capital and even the extreme of socialism which is the government ownership of capital…”
Obama having taken over GM, Chrysler, Insurance Companies, Banks and Mortgages now is open to newspaper bailouts too, when does it end?
Obama’s New Era of Responsibility?
Tuesday, September 8th, 2009
Remember “Hope-n-Change” new era of responsibility? Obama pretends to be frugal as we sink deeper into debt now the Obama Administration asks the Senate to Raise the National Debt Ceiling above $12 Trillion Dollars.
Six months ago I wrote here when does deficit spending end and fiscal responsibility begin? In July, I wrote here that ObamaCare will blow up the federal budget deficit even larger than it is now, denying health care to some Americans in order to hold down costs.
China the nations largest creditor and holder of $2 Trillion Dollars in U.S. Securities is alarmed by U.S. Money Printing saying, “If they keep printing money to buy bonds it will lead to inflation and after a year or two, the dollar will fall hard…”
Related Posts: Shame doesn’t appear to be part of the
Era of Red Ink Via The Washington Examiner
It’s the Deficit, Stupid by Dick Morris
Budget Deficit Soars To $180.7 Billion In July
Thursday, August 13th, 2009
There is an old saying, “you got to make money to spend money” but Obama seems to have misunderstood the meaning behind these words.
During Obama’s watch the federal budget deficit soars to a new record of $180.7 Billion in July—$1.27 Trillion Dollars so far this fiscal year.
Democrat-Socialists want to add an additional $2.1 to $2.4 Trillion Dollars respectively for the costs of ObamaCare, which may result in bankrupting our country.
Congress wastes taxpayers money—National Endowment for the Arts (NEA) gives $25,000 of tax-payers money to CounterPULSE which is best known for their absurd production “Perverts Put Out” a long running pansexual performance series. The organization urges their guests to “join your fellow pervs for some explicit, twisted fun.
More here from The Washington Examiner
Obama Deficit Grew Another $181 Billion In July
Monday, August 10th, 2009
Under Obama’s watch, the federal budget deficit grew another $181 Billion Dollars in July to a record of $1.8 Trillion Dollars for the 2009 fiscal year.
Democrat-Socialists want to add another $2.1 Trillion Dollars of runaway spending to the ballooning federal budget deficit by imposing ObamaCare—Socialized Medicine on us.
House Speaker Nancy Pelosi, D-CA and House Majority Leader Steny Hoyer, D-MD says that those of us who oppose ObamaCare are unpatriotic and “un-American.”
More here from FOX News
Related Post:
Drowning out opposing-views is-simply un-American
Michelle Malkin
Democrat-Socialist Congress: Soak The Rich
Thursday, July 23rd, 2009
Make the Rich pay for it—For decades this has been the “modus operandi” of politicians and public figures officials who rely on unsustainable government growth and skyrocketing taxpayer debt to pad their patronage and expand their influence. It’s also the driving force behind House Ways & Means Committee Chairman Charles Rangel, new “health care surtax” which the New York Democrat says will raise $540 Billion Dollars over the next 10 years to pay for ObamaCare.
Who would end up paying for Rangel’s surtax? All joint filers making over $350,000—before deductions, also the surtax applies to all forms of income, including wages, dividends and capital gains.
This latest “bleed the moderately rich” scam, comes from a tried and true, big government playbook. In fact, its every bit as predictable as the blooming of the cherry blossoms, the naming of another Government Czar or whichever beltway sex scandal is dominating the cocktail parties chatter and like countless other government schemes of its kind, it will no doubt be communicated to middle class mail boxes or television sets via slick advertisements that invoke how wealthy Americans are enjoying “faster jets or bigger swimming pools” while poor people “lay starving in the streets.”
Sound familiar?
Rest here from Howard Rich
Obama’s Marxist Dream $23 Trillion And Growing
Tuesday, July 21st, 2009
Obama’s Marxist Dream—so little time, so much to do:
Marxist takeover of private businesses—Bankrupt America, Nationalize Banks and Industries, then takeover Health Care, Obama is on track with his Socialist vision.
In 2006, Obama criticized Capitalism & Free Enterprise
During Obama’s Watch, Bailouts may end up costing taxpayers $23 Trillion Dollars but since money is no object, only the end result matters to Comrade Obama, whats another $1.5 Trillion Dollars or so (likely a whole lot more) for ObamaCare.
Nothing must stand in the way now for “Hope & Change” to remake America into the United Socialist America.
In April, Pravda even realized that Capitalism is gone in the United States “American decent into Marxism is happening with breathtaking speed.”
Why are so many Americans that knew nothing about Obama during the Presidential Campaign except, his charisma, good speech deliverer and charming looking family, suddenly are surprised about Obama?
Americans were warned, in October Obama told “Joe the Plumber” that as President he intended to confiscate their personal assets to spread the wealth revealing his Socialist plan for America.
Related Posts:
Obama Is Remaking America Into Socialism Via Human Events
Sean Hannity video on Obama’s first 6 months–HotAir Pundit
Thomas Jefferson v. Barack Obama from Morality 101.net