President Obama Leads The Progressive Radical Socialists In Intentionally Destroying Jobs, Killing The American Dream, and Wrecking Market Capitalism–Stop All New Federal Spending and Taxes!
“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
Glenn Beck 11 19 09 part 1
Glenn Beck 11 19 09 Part 2
Glenn Beck 20091118 Part 1/4
Glenn Beck 20091118 Part 2/4
Glenn Beck 20091118 Part 3/4
Glenn Beck 20091118 Part 4/4
“A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.”
Background Articles and Videos
To Create Jobs, Voters Say Cut Taxes and Stop Spending
“…As the policy debate has unfolded in Washington this year, voters have consistently believed that tax cuts would do more than increased government spending to stimulate the economy and create jobs. Now that the nation’s unemployment rate has reached 10.2%, voters continue to hold that view.
The latest Rasmussen Reports national telephone survey shows that 62% believe tax cuts are a better way to create jobs and fight unemployment. Only 21% believe that additional stimulus spending is a more effective tool. Earlier this year, as the first stimulus package was being debated in Congress, 62% of voters wanted the plan to have more tax cuts and less spending.
Given a different choice today, 51% believe canceling the rest of the stimulus money would create more jobs while 32% say spending the money would be the better approach to job creation. These findings are consistent with earlier polling. Most Americans say that, generally speaking, increased government spending is bad for the economy. Earlier this year, before the unemployment rate had reached its current highs, 45% wanted to cancel the rest of the stimulus spending while just 36% disagreed. …”
EDITORIAL: National debt projections should be wake up call for our lawmakers
“…This week both the White House and nonpartisan Congressional Budget Office issued reports painting a bleak portrait of our economy, not just for ourselves, not just for our children but for our grandchildren. The stunningly grim $9 trillion, 10-year national debt forecast, as far as we’re concerned, would seem to preclude any further discussions about adding yet another trillion or so dollars for health care reform, especially if it includes a public option. A recent poll indicates more than half of our nation opposes such legislation, especially if it means more debt.
While much of the deficit spending the next few years is caught up in recent spending such as the American Recovery and Reinvestment Act approved under President Barack Obama and earlier Wall Street bailouts approved under President George W. Bush, consider this: Much of the debt piling up after 2013 involves the rising costs inherent in Social Security, Medicare and Medicaid as baby boomers retire to their expected rewards.
How on earth can this be the time to add another entitlement program? Does anyone really believe the government’s claim that health care reform will pay for itself, especially when Social Security, Medicare and Medicaid almost certainly will force an overhaul of those programs and/or significantly higher taxes for most Americans? …”
An $800 Billion Mistake
“…As a conservative economist, I might be expected to oppose a stimulus plan. In fact, on this page in October, I declared my support for a stimulus. But the fiscal package now before Congress needs to be thoroughly revised. In its current form, it does too little to raise national spending and employment. It would be better for the Senate to delay legislation for a month, or even two, if that’s what it takes to produce a much better bill. We cannot afford an $800 billion mistake. …”
“…The problem with the current stimulus plan is not that it is too big but that it delivers too little extra employment and income for such a large fiscal deficit. It is worth taking the time to get it right.”
Peter Schiff on Budget Deficit National Debt and Economic Crisis
United States of Amercia Government
Record-High Deficit May Dash Big Plans
$1.4 Trillion in Red Ink Means Less to Spend On Obama’s Ambitious Jobs, Stimulus Policies
|Table S–3. BASELINE PROJECTION OF CURRENT POLICY BY CATEGORY
1 (In billions of dollars)
|2008||2009||2010||2011||2012||2013||2014||2015||2016||2017||2018||2019||2010- 2014||2010- 2019|
|Appropriated (“discretionary”) programs:|
|Defense (050) including cost of overseas contingency operations||612||662||717||715||718||732||747||766||784||803||823||843||3,628||7,647|
|Subtotal, appropriated programs||1,120||1,246||1,397||1,353||1,325||1,326||1,344||1,374||1,407||1,440||1,474||1,509||6,746||13,950|
|Troubled Asset Relief Program (TARP)
|Other mandatory programs||411||636||644||590||499||500||489||489||517||526||526||553||2,722||5,333|
|Subtotal, mandatory programs||1,610||2,232||2,152||2,100||2,054||2,170||2,295||2,387||2,566||2,693||2,817||3,035||10,771||24,269|
|Individual income taxes||1,146||904||1,026||1,155||1,306||1,418||1,537||1,657||1,771||1,885||2,001||2,114||6,443||15,870|
|Corporation income taxes||304||149||206||275||325||355||359||392||412||431||451||474||1,520||3,680|
|Social insurance and retirement receipts:|
|Social Security payroll taxes||658||653||661||699||734||775||823||866||919||958||1,003||1,045||3,691||8,482|
|Medicare payroll taxes||194||190||189||202||214||227||241||254||270||282||294||307||1,074||2,481|
|Estate and gift taxes||29||26||19||23||24||26||27||29||31||33||36||38||119||286|
|Deposits of earnings, Federal Reserve System||34||27||39||41||43||43||46||48||49||51||53||55||211||468|
|Other miscellaneous receipts||17||16||16||16||17||17||17||18||18||18||18||18||83||172|
|Off-budget surplus (–)||–183||–133||–110||–128||–147||–163||–180||–188||–201||–197||–194||–184||–728||–1,692|
I.O.U.S.A. Bonus Reel: Social Security+Medicare Projections
I.O.U.S.A.: Byte-Sized – The 30 Minute Version
Stop Spending Our Future – The Crisis
$78.8 Trillion; United States Debt Obligations exceed world GDP; Monetary Collapse Looming?
Obama; Spending us into Oblivion. Why? – How do we pay off this Debt? – Glenn Beck Explains
Has the White House Gone Nuts?
MarketTamer.com: Credit Market Debt
U.S. National Debt Clock Real Time
CURRENCY COLLAPSE: Why The Government Won’t Act
CURRENCY COLLAPSE: Why The Government Won’t Act Part 2
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