Showdown At The Supreme Court Corral

The sooner this Obamacare abomination is declared unconstitutional, the better for the country, the economy, and the American people. It’s a huge, bloated beached whale that will add trillions to the national debt and increase the cost and lower the quality of health care, forcing people to pay more to wait longer for less.

Supreme Court could rule on health care law in months

The Obama administration set the stage Monday for the Supreme Court to rule early next year on the constitutionality of the president’s health care law by declining to press for a full appeal in a lower court.

The Justice Department announced it will forego an appeal to the full 11th U.S. Circuit Court of Appeals in Atlanta. Such an appeal to the 10-member court could have taken months and delayed a final decision from the high court until at least 2013.

In August, a 2-1 panel of the 11th Circuit became the first appellate court to declare unconstitutional the new requirement that all Americans have health insurance.

Now, the administration can appeal directly to the Supreme Court and ask the justices to schedule the case to be heard and decided during the term that begins next week and ends in June. If the court follows that schedule, the justices will hand down a ruling on Obama’s signature legislation just as the election campaign moves into high gear.

See also:
‘Obamacare’ Closer to Supreme Court Review After Administration Declines to Appeal Latest Ruling
Unconstitutional Obamacare? Supreme Court battle is on in 2012
It’s On: Health Care Reform is Going to SCOTUS
Health reform lawsuit appears headed for Supreme Court
Administration Lets Case Go Forward Against Health Reform Law
Obama Won’t Seek Hearing on Health Law, Setting Stage for High Court Case
Health Law Path to High Court Clears
Health Case Closer to High Court
No Appeal for Health Care Law in Atlanta
Obamacare Headed for Supreme Court
Obama Administration: No Challenge to Health Care Ruling

Over the centuries, the Commerce Clause has been bent and warped to justify all manner of Federal government intervention in people’s lives, but Obamacare is a bridge too far. You simply cannot force U.S. citizens to affirmatively purchase a product against their will. And, if the Federal government can force people to buy health insurance, what product can’t they make them buy?

/Obamacare is blatantly unconstitutional and if the Supreme Court agrees and strikes it down, in the middle of the run up to next year’s Presidential election, it will blow Obama’s already dwindling reelection chances clear out of the water

Classless Warrior Without A Clue

Unless you’ve been living under a rock for the last few years, you know that the U.S. economy isn’t in good shape. Some doomsayers are even predicting that we’re headed for or already in another recession. What’s the proper tax policy when dealing with a fragile economy? Let’s see what Obama had to say on the subject two years ago.

That’s right, the last thing you want to do is raise taxes in a recessionary environment, because it would suck demand out of the economy and put businesses further in a hole. So, what did cynical Captain Clueless announce today?

Obama proposes new taxes on wealthy for half of debt plan

President Obama made a defiant call on Monday for $1.5 trillion in new taxes as part of a plan to find $3.2 trillion in budget savings over the next decade, issuing his most detailed proposal yet to tame the soaring federal debt.

Abandoning earlier compromises, Obama adopted a posture that cedes far less ground in cutting the nation’s social safety net and demands much more in terms of new levies on millionaires, other wealthy Americans and some industries.

See also:
Obama says raise taxes for the rich to help cut huge deficits; GOP says that’s class warfare
Boehner on Obama deficit plans: Tells Fox Business, “I don’t think I would describe class warfare as leadership”
Old debate over raising rich’s taxes plays out on new landscape
Tax the rich, Obama says; class warfare, says GOP
Analysis: Deficit plan not class warfare, Obama insists
Obama: “This is not class warfare — It’s math”
Obama campaign takes on ‘class warfare’
Obama Yokes Benefit Cuts to New Taxes
Obama links entitlement cuts to tax changes
Obama proposes tax hike on wealthy to close deficit
Higher taxes for the mega-rich
Obama’s deficit proposal marks a move away from compromise

What a brilliant idea, let’s tax the [expletive deleted] out of the rich, you know, the same people who spend and invest money and create the jobs that we need to grow the economy out of the hole we’re in now. Of course, Obama knows damn well that his proposed tax increases will never pass through Congress. Even most Democrats aren’t stupid enough to vote to raise taxes in the face of a weak economy.

But Obama still proposed the tax increases anyway, even though he knows they’ll never see the light of day, why? Because it’s a cynical political ploy to shore up his lefty base in a futile attempt to salvage his ever decreasing chances of winning reelection. When Obama says it’s not about class warfare, you can be damn sure it’s all about class warfare. Hey Obama, you want everybody to pay their “fair share”, how about the 50% of Americans that don’t pay any taxes at all?

Obama doesn’t give a [expletive deleted] about the economy and whether his words and actions make a recovery harder to achieve. The only “job” he cares about is his own. He’s basically abdicated from the last 14 months of his first term as President to campaign full time for a second term, the rest of the country be damned.

Obama is like a $4 trillion ton drag, jumping up and down on the back of the economy. I can guarantee you that the second it’s a done deal that Obama’s on his way out, the country will breathe a huge, collective sigh of relief and the economy will take off like gangbusters again.

/until the elections, I think it’s best that we just ignore Obama and practice a policy of fiscal and regulatory containment

Another One Bites The Dust

Yet another government entitlement program looks to be about to go belly up.

Social Security Disability Payments Could End in 2017

Aging baby boomers and laid-off workers are inundating Social Security’s disability program with benefit claims, a financial strain that new congressional estimates report could leave the program bankrupt by 2017.

Applications have increased by 50 percent over the past decade, according to a report from the Congressional Budget Office (CBO), as more people with disabilities lost their jobs — and often remain unemployed for months or even years — in an economy that has been hemorrhaging jobs.

See also:
Social Security Disability and SSI going broke
Social Security Disability Payments May Cease in 2017
Social Security disability on verge of insolvency
Report: Disability fund losing cash
A look at Social Security’s disability program
Old And In The Way: The Politics, Policies and Poverty Of Aging
Soc. Sec. disabilities claims up by 50%
U.S. Trust Funds
Social Security Disability Payments In Peril by 2017
Another Looming Entitlement Crisis
Social Security Disability Fund In Trouble
Government Running Out of Funds for Social Security
Social Security disability payments could end in 2017

Medicare, Social Security, and now Social Security Disability are all well down the road toward insolvency and the politicians, particularly the Democrats, don’t have the guts to do a damn thing about it. So, if you’re under say, 50, I wouldn’t be counting on any of these entitlement programs to be there for you when you might need them in the future.

/it’s the Age of Obama economy and you’re just going to have to learn to fend for yourself

Not Helpful

What a buffoon, how pathetic was this? The markets sure didn’t like it.

In Debt Downgrade Aftermath, Obama Serves Up a Silly Speech

First, do no harm. That is a useful injunction for doctors, lawyers, and, it turns out, U.S. presidents.

But President Obama’s useless speech Monday about the basic soundness of the American economy managed to reinforce all the concerns Americans on the left and right have about his stewardship of the country.

The speech did at least temporary harm. As soon as he finished speaking, the already jittery financial markets plunged.

. . .

His calm, passionless, “voice of reason” message, without a single new proposal except his pledge to make specific proposals in the future and work with the Congressionally designated super-committee to address the deficit and debt crises – “leading from behind again” – actually panicked the markets. And no wonder. Americans were looking for a leader, and what we got was the professor again.

See also:
Dow plunges as Obama says US A-OK
Presidential Failure
Matt Gurney: Obama’s speech writers should have their salaries downgraded
Obama’s jobs-message problem
Obama’s Jobs Message Isn’t Catching On
The Washington-Wall Street Disconnect Grows Even Wider
The most powerful man on Earth?
World’s Most Powerful Man Seems … Powerless
Republicans pan Obama’s speech
Democratic logic downgraded

If Obama can’t lead the economy out of the wilderness, he needs to at least call off his regulatory zealots and generally get out of the way. I’m guessing his resignation would be too much to expect from someone so obsessed with himself.

/Obama wouldn’t know sound economic policy if you tattooed it on his forehead backward, so he could read it in the mirror

Where Are Your Manners Barney?

He’s obnoxious and uncouth, not to mention totally disgusting.

Watch Barney Frank Fart on Live TV

Since our economy is going to hell in a handbasket, why not distract yourself from the economic doom that is now upon us with this clip of Rep. Barney Frank letting out what sounded like a giant fart tonight while chatting with Rachel Maddow on MSNBC? As you’ll see, his hips most definitely don’t lie.

See also:
Did Rep. Frank Toot On Air?
Did Rep. Barney Frank fart on live TV?
Did Barney Frank Play ‘Pull My Finger’ On MSNBC Last Night?
Did Barney Frank Pass Gas Live on MSNBC? You Decide
Rep. Barney Frank Farts on Live TV
Barney Frank Sounding More Gaseous Than Usual on Maddow Show
VIDEO: Barney Frank farting on live TV is quite amusing
Here’s Barney Frank Farting On Live TV Because Farts Are Always Funny
WATCH BARNEY FRANK FART

Man oh man, ol’ Barney just lets it rip, doesn’t even try and sneak it.

/and then he just prattles on like nothing happens, doesn’t even have the class to say excuse me

Budget Hero 2.0

Find out how hard it really is to get us out of the economic mess we’re in. Do you have a better fiscal plan than Paul Ryan’s road map, can you destroy the country as quickly as Obama’s reckless spending spree?

Computer game gives people shot at managing budget

Think you might do better than President Barack Obama and congressional leaders in picking and choosing what government spending to cut — or taxes to raise — to stave off a debt showdown that could wreck the economy? A new computer game gives you, too, the chance to play “Budget Hero.”

“Budget Hero 2.0″ is an update of an original version that came out in 2008. It shows players just how difficult it might be to carry out their grand policy objectives — universal health care, extending the Bush tax cuts or ending foreign aid — and still keep the government from either becoming irrelevant, or going broke.

“Our timing turns out to be perfect,” said former Rep. Jane Harman, D-Calif., who resigned this year to head the Woodrow Wilson Center, a nonpartisan think tank that developed the game with American Public Media.

Play the game:

Budget Hero 2.0

See also:
Budget Hero 2.0: Fun with debt ceilings!
Get Ready To Get Your Game On And Save The Country! (Civic Duty Meets Casual Gaming)
Computer Game Lets You Be a ‘Budget Hero’
Computer game gives people shot at managing budget
New Game Allows Users to Take a Crack at the Debt Ceiling
Computer game offers a chance to solve fiscal crisis
Woodrow Wilson International Center for Scholars
Woodrow Wilson International Center for Scholars
American Public Media
American Public Media

Okay, okay, so the game was developed by Lefties, as disclosed above. It’s still somewhat amusing, factual, and pertinent to our current predicament.

/give it a whirl, be a Budget Hero

Next Time They Shoot To Kill

Isn’t having Obama as President awesome? Because Obama still insists on raising taxes in a slow economy, something everybody knows would never pass the House of Representatives, the United States is in danger of losing its AAA credit rating. No one can say we haven’t had an impossible to miss or misinterpret warning shot fired across our bow.

U.S. Debt Rating Placed on Review for Downgrade by Moody’s as Talks Stall

Moody’s Investors Service raised the pressure on U.S. lawmakers to increase the government’s $14.3 trillion debt limit by placing the nation’s credit rating under review for a downgrade.

The U.S., rated Aaa since 1917, was put on review for the first time since 1996 on concern the debt threshold won’t be raised in time to prevent a missed interest or principal payment on outstanding bonds and notes, even though the risk remains low, Moody’s said in a statement yesterday. The rating may be reduced to the Aa range, and there is no assurance Moody’s would restore its top rating, even if a default is quickly “cured.”

See also:
Moody’s May Downgrade U.S. Debt, If Crisis Isn’t Resolved
Moody’s: If U.S. Misses Debt Payment, Rating Could Be Cut Next Day
Moody’s moves on US credit rating
Moody’s puts debt rating on review
Moody’s downgrade threat adds to US woes
Moody’s considers downgrading U.S. credit rating
Moody’s Puts U.S. AAA Credit Rating at Risk of Downgrade
US debt crunch: A nation taken to the limit
Reports: S&P Says U.S. Rating Could Be Downgraded If It Misses Any Payments
Cost of Protecting U.S. Debt Rises on Moody’s Action

Boy oh boy, you think we have a debt problem now? Just watch what happens if our debt rating gets cut. It will immediately become more expensive to borrow money, thus compounding our already beyond serious debt woes, a self inflicted wound, like tasering ourselves in the neck. Obama needs to drop his, non starter in the House, tax increase obsession and get on with increasing the debt ceiling. You know, if Obama wanted to intentionally destroy the U.S. economy, he couldn’t be doing a better job. Is he the President or an enemy of the United States?

/if you’re ever wondering what Obama might be thinking of regarding U.S. economic policy, just ask yourself, what would Vladimir Putin do (WWVPD)?

The Path To Prosperity

Adult swim, Democrats out of the pool!

Republicans embrace Rep. Ryan’s government budget plan for 2012

House Republicans announced a far-reaching vision for a leaner federal government on Tuesday, presenting a 2012 budget blueprint that would privatize Medicare for future retirees, cut spending on Medicaid and other domestic programs, and offer sharply lower tax rates to corporations and the wealthy.

The proposal represents the most comprehensive philosophical statement by resurgent Republicans since they claimed control of the House in last fall’s midterm elections. It promises to define the party heading into the 2012 presidential election and to shape the policy debate in Washington as both parties grapple with a soaring national debt.

Drafted by House Budget Chairman Paul Ryan (R-Wis.), the proposal aims to eventually shrink federal spending, measured against the economy, to its lowest level since 1949. Ryan said the plan would create jobs, promote growth, and rebuild an economy ravaged by recession and “relentless government spending, taxing and borrowing.”

Read the budget proposal:

The Path to Prosperity

See also:
House Republicans unveil ‘Path to Prosperity’ budget cuts
U.S. Republicans present budget plan with massive cuts
Proposal Transforms Role of Government
The CBO scores Paul Ryan
The Ryan Resolution
GOP budget proposal would cut feds, extend pay freeze
Ryan Rides To The Rescue With Realistic Budget Plan
Editorial: Ryan’s Budget Plan Gets The Job Done
The GOP Path to Prosperity

Right on cue, the Democrats are already squealing like stuck pigs being electrocuted in an acid bath. Children will die, senior citizens will be forced to eat cat food! Brace yourself, because the cynical and deceitful doomsday din will only get louder. Gird yourself for the 2012 elections, Republicans need to oust Obama, take the Senate, and hold the House in order to wrangle this country back onto the road to fiscal sanity. The Democrats’ irresponsible and ruinous spending gravy train must be brought to an end, the status quo is unsustainable and not an option. Vote Republican to save this country’s future from the economic abyss.

/the Path to Prosperity won’t be painless, but it has to be taken, the other road leads the United States down the third world drain

Obama Sets Another New Record

And it’s not a good one.

U.S. posts record monthly budget deficit

The U.S. government posted a budget deficit of $222.5 billion in February, the largest monthly deficit on record, the Treasury Department reported Thursday.

The government spent about $333 billion in the month and took in about $110 billion. February is typically a deficit month.

Year-to-date, the deficit is $641.2 billion, according to Treasury.

And just how bad is Obama’s out of control spending?

Big government doesn’t come cheaply. According to Congressional Budget Office (CBO) figures released Monday, the budget deficit for February hit a staggering $223 billion – meaning the Obama administration added more in debt last month than was borrowed in all of 2007.

Yep, that’s right, Obama added more to the national debt, money that we don’t have, in a single month, than George Bush added in the entire year of 2007. What’s wrong with this picture?

See also:
U.S. Runs $222.5 Billion Deficit in February; Highest for Any Month
U.S. Budget Deficit Expanded to Monthly Record $222.5 Billion in February
U.S. Posts Record Monthly Budget Deficit In February
February budget deficit highest ever for any month
Budget deficit hits record $222.5 billion in February
US budget deficit hits record in February
U.S. federal gov’t monthly budget deficit rises to record high in February
US Trade & Budget Deficits Get Worse
Deficit this month more than all of 2007
Obama Is Setting Records but Not in a Good Way

Everybody knows exactly what has to be done, Medicare, Medicaid, and Social Security need to be reformed back into solvency. It’s going to be painful and unpopular and the longer we wait to do what’s necessary, the more painful and unpopular the reforms are going to be. Unfortunately, no one seems to want to take the lead on this issue and get the job done, least of all Obama, who’s supposed to be leading this country. Obama is nothing more than a narcissistic political opportunist, more concerned with getting reelected than he is concerned with doing what’s right for the American people and the country.

Hopefully, when they release their 2012 budget proposal, the Republicans will step up to the plate as patriotic adults, negative political repercussions be damned, and include entitlement reform that will start to bring this country back on to the path to fiscal sanity.

/because someone has to do the right thing for America, a concept lost on Obama and the Democrats

Hitting Us Where It Really Hurts

Whether or not “outside forces” were a factor in our 2008 economic meltdown, in the age of cyber warfare, the possibility of such an attack on the U.S. financial infrastructure is a scenario worth paying extremely close attention to. It’s a huge target, it’s far from invulnerable, and the potential for crippling economic damage and chaos cuts to the core of our very way of life.

Financial terrorism suspected in 2008 economic crash

Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system.

The unclassified 2009 report “Economic Warfare: Risks and Responses” by financial analyst Kevin D. Freeman, a copy of which was obtained by The Washington Times, states that “a three-phased attack was planned and is in the process against the United States economy.”

While economic analysts and a final report from the federal government’s Financial Crisis Inquiry Commission blame the crash on such economic factors as high-risk mortgage lending practices and poor federal regulation and supervision, the Pentagon contractor adds a new element: “outside forces,” a factor the commission did not examine.

“There is sufficient justification to question whether outside forces triggered, capitalized upon or magnified the economic difficulties of 2008,” the report says, explaining that those domestic economic factors would have caused a “normal downturn” but not the “near collapse” of the global economic system that took place.

Suspects include financial enemies in Middle Eastern states, Islamic terrorists, hostile members of the Chinese military, or government and organized crime groups in Russia, Venezuela or Iran. Chinese military officials publicly have suggested using economic warfare against the U.S.

Read the report:

Economic Warfare: Risks and Responses

See also:
Financial Terrorism Suspected in 2008 Economic Crash
Did ‘financial terrorism’ cause the economic crash?
Did China or Jihadists try to bankrupt America? Pentagon report reveals financial terrorists may have triggered economic crash
Report: Economic 9/11 May Have Taken Place
Financial terrorism suspected in 2008 economic crash
Was the U.S. a victim of an economic 9/11 in 2008?
Blame Terrorists, Not Wall Street, for the Recession?

If you think about it, there’s very little that could be called a paper trail regarding today’s financial records and transactions world wide, it’s all manipulated and stored electronically at a speed and complexity that defies human oversight.

/definitely a fertile battlespace for a sophisticated enemy looking to bring the United States down on her knees in financial pain

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