Please Help Spread The Message of Liberty
Dreams are not for you. I won. Just empty your pockets like good little chumps and I’ll do the dreaming
Update: The Big Lie Is Repeated Again
Barack Obama Stimulus Plan “Without Earmarks”
President Obama on Economic Recovery
President Obama Addresses Economic Crisis
01/10/09: President-Elect Obama’s Weekly Address
President Obama’s first press conference – Question segment 1
Obama Lied To Us About The Economy
“There is no disagreement that we
need action by our government,
a recovery plan that will help to
jumpstart the economy.”
— PRESIDENT-ELECT BARACK OBAMA, JANUARY 9 , 2009
With all due respect
Mr.President,that is not true.
Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of
government, we the undersigned do not believe that more government spending is a way to improve economic performance.
More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in
the 1930s. More government spending did not solve Japan’s “lost decade” in the 1990s. As such, it is a triumph of hope over
experience to believe that more government spending will help the U.S. today. To improve the economy, policymakers should
focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth.
Opposing ‘Stimulus’ — Hundreds of Economists Sign on to Cato Institute Ad
Keynesian Economics Is Wrong: Bigger Gov’t Is Not Stimulus
Obama’s So-Called Stimulus: Good For Government, Bad For the Economy
Cutting the U.S.’s Corporate Tax Rate
Obama Stimulus Full of pork and pet projects- Is Obama a liar or just stupid?
Obamas Actions not Matching his Words
Obama’s First Big LIE in office!!…couldn’t he wait longer than 3 days….?
Disney’s Pinocchio, Pinocchio lies and his nose grows longer
A lie keeps growing and growing until it’s as plain as the nose on your face.
A boy who won’t be good, might just as well be made of wood.
Now, remember, Pinocchio, be a good boy. And always let your conscience be your guide.
~The Blue Fairy
THE EVIL PINOCCHIO TRAILER
Background Articles and Videos
Pinocchio Original 1940 Trailer
President Obama addresses Economic Recovery House Meetings
Alan Reynolds Assails ‘Stimulus’ Spending on CNN
Economists slam Barack Obama’s stimulus package
“…According to Mr Biden: “Every economist… from conservative to liberal, acknowledges that direct government spending on a direct program now is the best way to infuse economic growth and create jobs.”
Barack Obama said earlier this month that: “There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy.”
But the economists who signed the advert, funded by the Cato Institute in Washington DC, say that: “we the undersigned do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan’s “lost decade” in the 1990s.”
They propose instead that: “To improve the economy, policymakers should focus on reforms that remove impediments to work, saving, investment and production. Lower tax rates and a reduction in the burden of government are the best ways of using fiscal policy to boost growth.”
Spending Is Not Stimulus:
Bigger Government Did Not Work for Bush, and It Will Not Work for Obama
by Daniel J. Mitchell, Senior Fellow, Cato Institute
“…During the Bush years, so-called stimulus legislation based on “Keynesian” theory was enacted in both 2001 and 2008.1
It was hoped that putting money in people’s pockets would lead to more consumer spending and thus give the economy a positive jolt. Those episodes of Keynesian policy were ineffective, but that has not dimmed enthusiasm for the approach. The Obama economic team is pushing a similar approach, but on a much bigger scale—more than $800 billion of new spending and temporary tax cuts, a figure that climbs above $1 trillion when interest costs are included. And that may be just the starting point since the promise of additional spending has set off a feeding frenzy on Capitol Hill.
“…Doing more of a bad thing is not a recipe for growth. Government spending generally is a burden on the economy. Whether financed by debt or taxes, government spending requires a transfer of money from the productive sector of the economy. Moreover, most forms of government spending result in the misallocation of labor and capital, causing even further damage.
Although many factors influence economic performance, the negative impact of government spending is one reason small-government jurisdictions such as Hong Kong have higher growth rates than nations that have medium-sized government, such as the United States. The same principle explains in part why the United States enjoys faster average growth than a big-government country such as France. Figure 1 shows average economic growth rates in France and Hong Kong since 1980. …”
President Obama, you can’t stifle this dissent
By Michelle Malkin
He is wrong.
Via Cato Institute: Here are 200 economists, including Nobel Laureates, who oppose the Generational Theft Act of 2009. The open letter is running as an ad in the NY Times, Washington Post and Roll Call this week.
And here, via Hans Bader at Open Market, are more skeptics.
Perhaps they’ll drag Joe Biden out of the closet to call the dissenters…unpatriotic. …”
The Impending Obama Meltdown [Victor Davis Hanson]
“…And the result of all this?
At home, Obama is becoming laughable and laying the groundwork for the greatest conservative populist reaction since the Reagan Revolution.
Abroad, some really creepy people are lining up to test Obama’s world view of “Bush did it/but I am the world”: The North Koreans are readying their missiles; the Iranians are calling us passive, bragging on nukes and satellites; Russia is declaring missile defense is over and the Euros in real need of iffy Russian gas; Pakistanis say no more drone attacks (and then our friends the Indians say “shut up” about Kashmir and the Euros order no more “buy American”).
This is quite serious. I can’t recall a similarly disastrous start in a half-century (far worse than Bill Clinton’s initial slips). Obama immediately must lower the hope-and-change rhetoric, ignore Reid/Pelosi, drop the therapy, and accept the tragic view that the world abroad is not misunderstood but quite dangerous. And he must listen on foreign policy to his National Security Advisor, Billary, and the Secretary of Defense. If he doesn’t quit the messianic style and perpetual campaign mode, and begin humbly governing, then he will devolve into Carterism—angry that the once-fawning press betrayed him while we the people, due to our American malaise, are to blame.”
Obama’s First Big LIE in office!!…couldn’t he wait longer than 3 days….?
CATO Slams Stimulus Package C-SPAN Chris Edwards
1/3) Tom Woods: Meltdown (Lew Rockwell Show 2/11/09)
2/3) Tom Woods: Meltdown (Lew Rockwell Show 2/11/09)
3/3) Tom Woods: Meltdown (Lew Rockwell Show 2/11/09)
The Battle for the Soul of America – Glenn Beck , March 6th 2009
“OBAMANATION” song by Ash Soular
Related Posts On Pronk Palisades
American People’s Household Stimulus Package Check–Please Call Today–Ask: Where is My Household Check for $7,044.24! I want my money back!
American People’s Plan = 6 Month Tax Holiday + FairTax = Real Hope + Real Change!–Millions To March On Washington D.C. Saturday, July 4, 2009!
Tea Parties Take Off In Texas–Spreading Nationwide–Are You Going To Washington Fair? Millions Celebrate The Second American Revolution–Saturday, July 4, 2009