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!

Posted on November 19, 2009. Filed under: Blogroll, Communications, Demographics, Economics, Employment, Energy, Fiscal Policy, government spending, Health Care, Investments, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Reviews, Technology, Video, Wisdom | Tags: , , , , , , , , , , , , , , , , , , |

“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”

~Thomas Jefferson

Glenn Beck 11 19 09 part 1

Glenn Beck 11 19 09 Part 2

Glenn Beck-11-19-09-A

Glenn Beck-11-19-09-B

Glenn Beck-11-19-09-C

Glenn Beck-11-19-09-D

Glenn Beck-11-19-09-E

Glenn Beck-11-19-09-F

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.”

~Thomas Jefferson

 

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. …”

http://www.rasmussenreports.com/public_content/business/economic_stimulus_package/november_2009/to_create_jobs_voters_say_cut_taxes_and_stop_spending

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? …”

http://www.wacotrib.com/opin/content/news/opinion/stories/2009/08/27/08272009wactopeditorial.html

An $800 Billion Mistake

By Martin Feldstein

“…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.”

http://www.washingtonpost.com/wp-dyn/content/article/2009/01/28/AR2009012802938.html

Peter Schiff on Budget Deficit National Debt and Economic Crisis

United States of Amercia Government

http://www.usa.gov/Agencies/Federal/Executive.shtml

http://www.federalbudget.com/

 

 http://www.scribd.com/doc/3015540/US-Budget-Deficit-or-Surplus-1960present

http://blog.heritage.org/2009/03/24/bush-deficit-vs-obama-deficit-in-pictures/

Record-High Deficit May Dash Big Plans

$1.4 Trillion in Red Ink Means Less to Spend On Obama’s Ambitious Jobs, Stimulus Policies

http://www.washingtonpost.com/wp-dyn/content/article/2009/10/16/AR2009101602388.html

http://www.brutallyhonest.org/brutally_honest/2009/11/obama-tripled-the-national-deficit-his-first-year-in-office.html

http://online.wsj.com/article/SB125119686015756517.html

Table S–3. BASELINE PROJECTION OF CURRENT POLICY BY CATEGORY 

1 (In billions of dollars) 

Totals 
2008  2009  2010  2011  2012  2013  2014  2015  2016  2017  2018  2019  2010- 2014  2010- 2019 
Outlays: 
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 
Non-defense discretionary  508  584  681  639  607  595  597  608  622  637  652  667  3,118  6,304 
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 
Mandatory programs: 
Social Security  612  677  702  729  755  792  837  886  939  997  1,060  1,128  3,814  8,825 
Medicare  386  425  452  497  507  565  631  650  720  751  780  871  2,652  6,425 
Medicaid  201  258  285  273  284  307  332  360  389  418  450  483  1,481  3,580 
Troubled Asset Relief Program (TARP) 

2

………  235  70  11  9  6  6  3  1  *  ………  ………  102  106 
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 
Net interest  253  173  196  288  392  477  542  603  660  716  770  829  1,895  5,473 
Disaster costs 

3

………  2  8  15  18  20  22  24  26  27  29  30  83  220 
Total outlays  2,983  3,653  3,754  3,756  3,788  3,993  4,204  4,389  4,659  4,876  5,090  5,403  19,495  43,913 
Receipts: 
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 
Unemployment insurance  40  40  50  62  72  76  78  79  77  76  72  73  339  715 
Other retirement  9  9  9  8  8  9  9  9  9  9  9  9  43  87 
Excise taxes  67  65  69  79  83  85  86  87  88  89  88  89  403  844 
Estate and gift taxes  29  26  19  23  24  26  27  29  31  33  36  38  119  286 
Customs duties  28  23  21  22  23  24  25  27  29  31  34  36  114  272 
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 
Total receipts  2,524  2,102  2,305  2,583  2,850  3,055  3,249  3,464  3,671  3,863  4,059  4,258  14,041  33,357 
Deficit  459  1,552  1,449  1,173  939  938  955  925  988  1,013  1,031  1,145  5,454  10,555 
On-budget deficit  642  1,684  1,559  1,302  1,085  1,101  1,135  1,112  1,189  1,210  1,225  1,329  6,182  12,247 
Off-budget surplus (–)  –183  –133  –110  –128  –147  –163  –180  –188  –201  –197  –194  –184  –728  –1,692 

http://www.whitehouse.gov/omb/assets/fy2010_msr/10msr.pdf

http://blog.heritage.org/2009/07/29/which-chart-best-exposes-obamacares-true-impact-on-the-deficit/

http://keithhennessey.com/2009/06/22/orszags-health-spending-gap/

I.O.U.S.A. Bonus Reel: Social Security+Medicare Projections

I.O.U.S.A.: Byte-Sized – The 30 Minute Version

http://www.youtube.com/watch?v=O_TjBNjc9Bo

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

http://www.usdebtclock.org/

CURRENCY COLLAPSE: Why The Government Won’t Act

CURRENCY COLLAPSE: Why The Government Won’t Act Part 2

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