Producers vs. Moochers: Obama’s Execution of The Cloward-Piven Strategy: Food Stamps, Medicaid, Welfare, Disability Benefits, Earned Income Credits, Obamacare, Student Loans, Veterans Administration, Open Borders, Massive Deficits and Debts, Unsustainable Unfunded Liabilities, High Unemployment Rates — Legal Status — Amnesty — Citizenship for 30-50 Million Illegal Aliens — Overloading The Welfare System — Democratic Progressive Party Tyranny — Obama’s Unconstrained Utopian Vision– Videos

Posted on June 12, 2014. Filed under: American History, Blogroll, Communications, Crisis, Diasters, Economics, Employment, Faith, Family, Federal Government, Federal Government Budget, Fiscal Policy, Food, Freedom, Friends, government spending, Health Care, history, Inflation, liberty, Life, Literacy, media, Obamacare, People, Philosophy, Politics, Public Sector, Rants, Raves, Resources, Strategy, Talk Radio, Tax Policy, Taxes, Terrorism, Unions, Video, Welfare | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |

 

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The Pronk Pops Show Podcasts

Pronk Pops Show 276: June 10, 2014

Pronk Pops Show 275: June 9, 2014

Pronk Pops Show 274: June 6, 2014

Pronk Pops Show 273: June 5, 2014

Pronk Pops Show 272: June 4, 2014

Pronk Pops Show 271: June 2, 2014

Pronk Pops Show 270: May 30, 2014 

Pronk Pops Show 269: May 29, 2014

Pronk Pops Show 268: May 28, 2014

Pronk Pops Show 267: May 27, 2014

Pronk Pops Show 266: May 23, 2014

Pronk Pops Show 265: May 22, 2014

Pronk Pops Show 264: May 21, 2014

Pronk Pops Show 263: May 20, 2014

Pronk Pops Show 262: May 16, 2014

Pronk Pops Show 261: May 15, 2014

Pronk Pops Show 260: May 14, 2014

Pronk Pops Show 259: May 13, 2014

Pronk Pops Show 258: May 9, 2014

Pronk Pops Show 257: May 8, 2014

Pronk Pops Show 256: May 5, 2014

Pronk Pops Show 255: May 2, 2014

Pronk Pops Show 254: May 1, 2014

Pronk Pops Show 253: April 30, 2014

Pronk Pops Show 252: April 29, 2014

Pronk Pops Show 251: April 28, 2014

Pronk Pops Show 250: April 25, 2014

Pronk Pops Show 249: April 24, 2014

Pronk Pops Show 248: April 22, 2014

Pronk Pops Show 247: April 21, 2014

Pronk Pops Show 246: April 17, 2014

Pronk Pops Show 245: April 16, 2014

Pronk Pops Show 244: April 15, 2014

Pronk Pops Show 243: April 14, 2014

Pronk Pops Show 242: April 11, 2014

Pronk Pops Show 241: April 10, 2014

Pronk Pops Show 240: April 9, 2014

Pronk Pops Show 239: April 8, 2014

Pronk Pops Show 238: April 7, 2014

Pronk Pops Show 237: April 4, 2014

Pronk Pops Show 236: April 3, 2014

Pronk Pops Show 235: March 31, 2014

Pronk Pops Show 234: March 28, 2014

Pronk Pops Show 233: March 27, 2014

Pronk Pops Show 232: March 26, 2014

Pronk Pops Show 231: March 25, 2014

Pronk Pops Show 230: March 24, 2014

Pronk Pops Show 229: March 21, 2014

Pronk Pops Show 228: March 20, 2014

Pronk Pops Show 227: March 19, 2014

Pronk Pops Show 226: March 18, 2014

Pronk Pops Show 225: March 17, 2014

Pronk Pops Show 224: March 7, 2014

Pronk Pops Show 223: March 6, 2014

Pronk Pops Show 222: March 3, 2014

 Story 1:Producers vs. Moochers:  Obama’s Execution of The Cloward-Piven Strategy: Food Stamps, Medicaid, Welfare, Disability Benefits, Earned Income Credits, Obamacare, Student Loans, Veterans Administration, Open Borders, Massive Deficits and Debts, Unsustainable Unfunded Liabilities,   High Unemployment Rates — Legal Status — Amnesty — Citizenship for 30-50 Million Illegal Aliens — Overloading The Welfare System — Democratic Progressive Party Tyranny — Obama’s Unconstrained Utopian Vision– Videos

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Cloward-Piven

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Saul Alinsky’s 12 Rules for Radicals

Here is the complete list from Alinsky.

* RULE 1: “Power is not only what you have, but what the enemy thinks you have.” Power is derived from 2 main sources – money and people. “Have-Nots” must build power from flesh and blood. (These are two things of which there is a plentiful supply. Government and corporations always have a difficult time appealing to people, and usually do so almost exclusively with economic arguments.)
* RULE 2: “Never go outside the expertise of your people.” It results in confusion, fear and retreat. Feeling secure adds to the backbone of anyone. (Organizations under attack wonder why radicals don’t address the “real” issues. This is why. They avoid things with which they have no knowledge.)
* RULE 3: “Whenever possible, go outside the expertise of the enemy.” Look for ways to increase insecurity, anxiety and uncertainty. (This happens all the time. Watch how many organizations under attack are blind-sided by seemingly irrelevant arguments that they are then forced to address.)
* RULE 4: “Make the enemy live up to its own book of rules.” If the rule is that every letter gets a reply, send 30,000 letters. You can kill them with this because no one can possibly obey all of their own rules. (This is a serious rule. The besieged entity’s very credibility and reputation is at stake, because if activists catch it lying or not living up to its commitments, they can continue to chip away at the damage.)
* RULE 5: “Ridicule is man’s most potent weapon.” There is no defense. It’s irrational. It’s infuriating. It also works as a key pressure point to force the enemy into concessions. (Pretty crude, rude and mean, huh? They want to create anger and fear.)
* RULE 6: “A good tactic is one your people enjoy.” They’ll keep doing it without urging and come back to do more. They’re doing their thing, and will even suggest better ones. (Radical activists, in this sense, are no different that any other human being. We all avoid “un-fun” activities, and but we revel at and enjoy the ones that work and bring results.)
* RULE 7: “A tactic that drags on too long becomes a drag.” Don’t become old news. (Even radical activists get bored. So to keep them excited and involved, organizers are constantly coming up with new tactics.)
* RULE 8: “Keep the pressure on. Never let up.” Keep trying new things to keep the opposition off balance. As the opposition masters one approach, hit them from the flank with something new. (Attack, attack, attack from all sides, never giving the reeling organization a chance to rest, regroup, recover and re-strategize.)
* RULE 9: “The threat is usually more terrifying than the thing itself.” Imagination and ego can dream up many more consequences than any activist. (Perception is reality. Large organizations always prepare a worst-case scenario, something that may be furthest from the activists’ minds. The upshot is that the organization will expend enormous time and energy, creating in its own collective mind the direst of conclusions. The possibilities can easily poison the mind and result in demoralization.)
* RULE 10: “If you push a negative hard enough, it will push through and become a positive.” Violence from the other side can win the public to your side because the public sympathizes with the underdog. (Unions used this tactic. Peaceful [albeit loud] demonstrations during the heyday of unions in the early to mid-20th Century incurred management’s wrath, often in the form of violence that eventually brought public sympathy to their side.)
* RULE 11: “The price of a successful attack is a constructive alternative.” Never let the enemy score points because you’re caught without a solution to the problem. (Old saw: If you’re not part of the solution, you’re part of the problem. Activist organizations have an agenda, and their strategy is to hold a place at the table, to be given a forum to wield their power. So, they have to have a compromise solution.)
* RULE 12: Pick the target, freeze it, personalize it, and polarize it.” Cut off the support network and isolate the target from sympathy. Go after people and not institutions; people hurt faster than institutions. (This is cruel, but very effective. Direct, personalized criticism and ridicule works.)

dependencyrulers

cycle of government dependency

John Stossel – A Nation Of Moochers

John Stossel – Serious Crony Capitalism

How Crony Capitalism Corrupts the Free Market | David Stockman

David Stockman on TARP, the Fed, Ron Paul and Reagan [FULL VERSION]

The Forgotten Cause of Sound Money | David Stockman

Carmen Reinhart on Financial Crisis and Fiscal Policy

Kenneth Rogoff – Why Austerity is right & Growth is critical (19.12.12)

Record Number Of Americans Receiving Disability Benefits – Stuart Varney – America’s Newsroom

Number Of People On Food Stamps Up 70% Since 2008 – America’s News HQ

Economics 101-The Dangers Of Government Dependency

Opinion: The Government Dependency Trap

Land of The Freebies, Home of the Enslaved

Is Government Dependence the New American Way – Working Doesn’t Pay

Welfare fraud investigation

Mark Levin: The Cloward Piven & Obama strategy

Matthew Vadum on Glenn Beck Program, May 28, 2009 (replayed June 4, 2009)

Glenn Beck Learns About Cloward-Piven Strategy of Orchestrated Crisis

The Cloward/Piven Strategy 1

The Cloward/Piven Strategy 2

The Cloward/Piven Strategy 3

The Cloward/Piven Strategy 4

The Cloward/Piven Strategy 5

The Cloward/Piven Strategy 6

Frances Fox Piven’s opinion of Glenn Beck

Professor Frances Fox Piven on Glenn Beck targeting her

Saul Alinsky speaking at UCLA 1/17/1969

Alinsky for Dummies (Mr. Joseph A. Morris – Acton Institute)

02-05-13 Macro Analytics – The Cloward Piven Strategy

What In The World Is Cloward-PIven (and is it working?)

The End of America….The Cloward-Piven Strategy

complete cloward piven strategy project

Cloward Piven Strategy

Fall 2010 Marc Sumerlin Lecture Series Featuring Prof. Carmen Reinhart

MILTON FRIEDMAN-what alinsky never told obama..

Milton Friedman Versus A Socialist

Thomas Sowell – Frances Fox Piven vs. Milton Friedman

Obama’s Vision for America by Thomas Sowell!

Thomas Sowell and a Conflict of Visions

Blues Brothers – Minnie the Moocher (Cab Calloway)

 

Barack Obama and the Strategy of Manufactured Crisis

America waits with bated breath while Washington struggles to bring the U.S. economy back from the brink of disaster. But many of those same politicians caused the crisis, and if left to their own devices will do so again.

Despite the mass media news blackout, a series of books, talk radio and the blogosphere have managed to expose Barack Obama’s connections to his radical mentors — Weather Underground bombers William Ayers and Bernardine Dohrn, Communist Party member Frank Marshall Davis and others. David Horowitz and his Discover the Networks.org have also contributed a wealth of information and have noted Obama’s radical connections since the beginning.
Yet, no one to my knowledge has yet connected all the dots between Barack Obama and the Radical Left. When seen together, the influences on Obama’s life comprise a who’s who of the radical leftist movement, and it becomes painfully apparent that not only is Obama a willing participant in that movement, he has spent most of his adult life deeply immersed in it.
But even this doesn’t fully describe the extreme nature of this candidate. He can be tied directly to a malevolent overarching strategy that has motivated many, if not all, of the most destructive radical leftist organizations in the United States since the 1960s.
The Cloward-Piven Strategy of Orchestrated Crisis
In an earlier post, I noted the liberal record of unmitigated legislative disasters, the latest of which is now being played out in the financial markets before our eyes. Before the 1994 Republican takeover, Democrats had sixty years of virtually unbroken power in Congress – with substantial majorities most of the time. Can a group of smart people, studying issue after issue for years on end, with virtually unlimited resources at their command, not come up with a single policy that works? Why are they chronically incapable?
Why?
One of two things must be true. Either the Democrats are unfathomable idiots, who ignorantly pursue ever more destructive policies despite decades of contrary evidence, or they understand the consequences of their actions and relentlessly carry on anyway because they somehow benefit.
I submit to you they understand the consequences. For many it is simply a practical matter of eliciting votes from a targeted constituency at taxpayer expense; we lose a little, they gain a lot, and the politician keeps his job. But for others, the goal is more malevolent – the failure is deliberate. Don’t laugh. This method not only has its proponents, it has a name: the Cloward-Piven Strategy. It describes their agenda, tactics, and long-term strategy.
The Strategy was first elucidated in the May 2, 1966 issue of The Nation magazine by a pair of radical socialist Columbia University professors, Richard Andrew Cloward and Frances Fox Piven. David Horowitz summarizes it as:
The strategy of forcing political change through orchestrated crisis. The “Cloward-Piven Strategy” seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.
Cloward and Piven were inspired by radical organizer [and Hillary Clinton mentor] Saul Alinsky:
“Make the enemy live up to their (sic) own book of rules,” Alinsky wrote in his 1989 book Rules for Radicals. When pressed to honor every word of every law and statute, every Judeo-Christian moral tenet, and every implicit promise of the liberal social contract, human agencies inevitably fall short. The system’s failure to “live up” to its rule book can then be used to discredit it altogether, and to replace the capitalist “rule book” with a socialist one. (Courtesy Discover the Networks.org)
Newsmax rounds out the picture:
Their strategy to create political, financial, and social chaos that would result in revolution blended Alinsky concepts with their more aggressive efforts at bringing about a change in U.S. government. To achieve their revolutionary change, Cloward and Piven sought to use a cadre of aggressive organizers assisted by friendly news media to force a re-distribution of the nation’s wealth.
In their Nation article, Cloward and Piven were specific about the kind of “crisis” they were trying to create:
By crisis, we mean a publicly visible disruption in some institutional sphere. Crisis can occur spontaneously (e.g., riots) or as the intended result of tactics of demonstration and protest which either generate institutional disruption or bring unrecognized disruption to public attention.
No matter where the strategy is implemented, it shares the following features:
  1. The offensive organizes previously unorganized groups eligible for government benefits but not currently receiving all they can.
  2. The offensive seeks to identify new beneficiaries and/or create new benefits.
  3. The overarching aim is always to impose new stresses on target systems, with the ultimate goal of forcing their collapse.
Capitalizing on the racial unrest of the 1960s, Cloward and Piven saw the welfare system as their first target. They enlisted radical black activist George Wiley, who created the National Welfare Reform Organization (NWRO) to implement the strategy. Wiley hired militant foot soldiers to storm welfare offices around the country, violently demanding their “rights.” According to a City Journal article bySol Stern, welfare rolls increased from 4.3 million to 10.8 million by the mid-1970s as a result, and in New York City, where the strategy had been particularly successful, “one person was on the welfare rolls… for every two working in the city’s private economy.”
According to another City Journal article titled “Compassion Gone Mad“:
The movement’s impact on New York City was jolting: welfare caseloads, already climbing 12 percent a year in the early sixties, rose by 50 percent during Lindsay’s first two years; spending doubled… The city had 150,000 welfare cases in 1960; a decade later it had 1.5 million.  
The vast expansion of welfare in New York City that came of the NWRO’s Cloward-Piven tactics sent the city into bankruptcy in 1975. Rudy Giuliani citedCloward and Piven by name as being responsible for “an effort at economic sabotage.” He also credited Cloward-Piven with changing the cultural attitude toward welfare from that of a temporary expedient to a lifetime entitlement, an attitude which in-and-of-itself has caused perhaps the greatest damage of all.
Cloward and Piven looked at this strategy as a gold mine of opportunity. Within the newly organized groups, each offensive would find an ample pool of foot soldier recruits willing to advance its radical agenda at little or no pay, and expand its base of reliable voters, legal or otherwise. The radicals’ threatening tactics also would accrue an intimidating reputation, providing a wealth of opportunities for extorting monetary and other concessions from the target organizations. In the meantime, successful offensives would create an ever increasing drag on society. As they gleefully observed:
Moreover, this kind of mass influence is cumulative because benefits are continuous. Once eligibility for basic food and rent grants is established, the drain on local resources persists indefinitely.
The next time you drive through one of the many blighted neighborhoods in our cities, or read of the astronomical crime, drug addiction, and out-of-wedlock birth rates, or consider the failed schools, strapped police and fire resources of every major city, remember Cloward and Piven’s thrill that “…the drain on local resources persists indefinitely.”
ACORN, the new tip of the Cloward-Piven spear
In 1970, one of George Wiley’s protégés, Wade Rathke — like Bill Ayers, a member of the radical Students for a Democratic Society (SDS) — was sent to found the Arkansas Community Organizations for Reform Now. While NWRO had made a good start, it alone couldn’t accomplish the Cloward-Piven goals. Rathke’s group broadened the offensive to include a wide array of low income “rights.” Shortly thereafter they changed “Arkansas” to “Association of” andACORN went nationwide.
Today ACORN is involved in a wide array of activities, including housing, voting rights, illegal immigration and other issues. According to ACORN’s website: “ACORN is the nation’s largest grassroots community organization of low-and moderate-income people with over 400,000 member families organized into more than 1,200 neighborhood chapters in 110 cities across the country,” It is perhaps the largest radical group in the U.S. and has been cited for widespread criminal activity on many fronts.
Voting
On voting rights, ACORN and its voter mobilization subsidiary, Project Vote, have been involved nationwide in efforts to grant felons the vote and lobbied heavily for the Motor Voter Act of 1993, a law allowing people to register at motor vehicle departments, schools, libraries and other public places. That law had been sought by Cloward and Piven since the early1980s and they were present, standing behind President Clinton at the signing ceremony.
ACORN’s voter rights tactics follow the Cloward-Piven Strategy:
  • 1. Register as many Democrat voters as possible, legal or otherwise and help them vote, multiple times if possible.
  • 2. Overwhelm the system with fraudulent registrations using multiple entries of the same name, names of deceased, random names from the phone book, even contrived names.
  • 3. Make the system difficult to police by lobbying for minimal identification standards.
In this effort, ACORN sets up registration sites all over the country and has beenfrequently cited for turning in fraudulent registrations, as well as destroying republican applications. In the 2004-2006 election cycles alone, ACORN was accused of widespread voter fraud in 12 states. It may have swung the election for one state governor.
ACORN’s website brags: “Since 2004, ACORN has helped more than 1.7 million low- and moderate-income and minority citizens apply to register to vote.” Project vote boasts 4 million. I wonder how many of them are dead? For the 2008 cycle, ACORN and Project Vote have pulled out all the stops. Given their furious nationwide effort, it is not inconceivable that this presidential race could be decided by fraudulent votes alone.
Barack Obama ran ACORN’s Project Vote in Chicago and his highly successful voter registration drive was credited with getting the disgraced former Senator Carol Moseley-Braun elected. Newsmax reiterates Cloward and Piven’s aspirations for ACORN’s voter registration efforts:
By advocating massive, no-holds-barred voter registration campaigns, they [Cloward & Piven] sought a Democratic administration in Washington, D.C. that would re-distribute the nation’s wealth and lead to a totalitarian socialist state.
Illegal Immigration
As I have written elsewhere, the Radical Left’s offensive to promote illegal immigration is “Cloward-Piven on steroids.” ACORN is at the forefront of this movement as well, and was a leading organization among a broad coalition of radical groups, including Soros’ Open Society Institute, the Service Employees International Union (ACORN founder Wade Rathke also runs a SEIU chapter), and others, that became the Coalition for Comprehensive Immigration Reform. CCIR fortunately failed to gain passage for the 2007 illegal immigrant amnesty bill, but its goals have not changed.
The burden of illegal immigration on our already overstressed welfare system has been widely documented. Some towns in California have even been taken over byillegal immigrant drug cartels. The disease, crime and overcrowding brought by illegal immigrants places a heavy burden on every segment of society and every level of government, threatening to split this country apart at the seams. In the meantime, radical leftist efforts to grant illegal immigrants citizenship guarantee a huge pool of new democrat voters. With little border control, terrorists can also filter in.
Obama aided ACORN as their lead attorney in a successful suit he broughtagainst the Illinois state government to implement the Motor Voter law there. The law had been resisted by Republican Governor Jim Edgars, who feared the law was an opening to widespread vote fraud.
His fears were warranted as the Motor Voter law has since been cited as a major opportunity for vote fraud, especially for illegal immigrants, even terrorists.According to the Wall Street JournalAfter 9/11, the Justice Department found that eight of the 19 hijackers were registered to vote…”
ACORN’s dual offensives on voting and illegal immigration are handy complements. Both swell the voter rolls with reliable democrats while assaulting the country ACORN seeks to destroy with overwhelming new problems.
Mortgage Crisis
And now we have the mortgage crisis, which has sent a shock wave through Wall Street and panicked world financial markets like no other since the stock market crash of 1929. But this is a problem created in Washington long ago.  It originated with the Community Reinvestment Act (CRA), signed into law in 1977 by President Jimmy Carter. The CRA was Carter’s answer to a grassroots activist movement started in Chicago, and forced banks to make loans to low income, high risk customers. PhD economist and former Texas Senator Phil Gramm has called it: “a vast extortion scheme against the nation’s banks.”
ACORN aggressively sought to expand loans to low income groups using the CRA as a whip. Economist Stan Leibowitz wrote in the New York Post:
In the 1980s, groups such as the activists at ACORN began pushing charges of “redlining”-claims that banks discriminated against minorities in mortgage lending. In 1989, sympathetic members of Congress got the Home Mortgage Disclosure Act amended to force banks to collect racial data on mortgage applicants; this allowed various studies to be ginned up that seemed to validate the original accusation.
In fact, minority mortgage applications were rejected more frequently than other applications-but the overwhelming reason wasn’t racial discrimination, but simply that minorities tend to have weaker finances.
ACORN showed its colors again in 1991, by taking over the House Banking Committee room for two days to protest efforts to scale back the CRA.Obama represented ACORN in the Buycks-Roberson v. Citibank Fed. Sav. Bank, 1994 suit against redlining.  Most significant of all, ACORN was the driving force behind a 1995 regulatory revision pushed through by the Clinton Administration that greatly expanded the CRA and laid the groundwork for the Fannie Mae, Freddie Mac borne financial crisis we now confront. Barack Obama was the attorney representing ACORN in this effort. With this new authority, ACORN used its subsidiary, ACORN Housing, to promote subprime loans more aggressively.
As a New York Post article describes it:
A 1995 strengthening of the Community Reinvestment Act required banks to find ways to provide mortgages to their poorer communities. It also let community activists intervene at yearly bank reviews, shaking the banks down for large pots of money.
Banks that got poor reviews were punished; some saw their merger plans frustrated; others faced direct legal challenges by the Justice Department.
Flexible lending programs expanded even though they had higher default rates than loans with traditional standards. On the Web, you can still find CRA loans available via ACORN with “100 percent financing . . . no credit scores . . . undocumented income . . . even if you don’t report it on your tax returns.” Credit counseling is required, of course.
Ironically, an enthusiastic Fannie Mae Foundation report singled out one paragon of nondiscriminatory lending, which worked with community activists and followed “the most flexible underwriting criteria permitted.” That lender’s $1 billion commitment to low-income loans in 1992 had grown to $80 billion by 1999and $600 billion by early 2003.
The lender they were speaking of was Countrywide, which specialized in subprime lending and had a working relationship with ACORN.
The revisions also allowed for the first time the securitization of CRA-regulated loans containing subprime mortgages. The changes came as radical “housing rights” groups led by ACORN lobbied for such loans. ACORN at the time was represented by a young public-interest lawyer in Chicago by the name of Barack Obama. (Emphasis, mine.)
Since these loans were to be underwritten by the government sponsored Fannie Mae and Freddie Mac, the implicit government guarantee of those loans absolved lenders, mortgage bundlers and investors of any concern over the obvious risk. As Bloomberg reported: “It is a classic case of socializing the risk while privatizing the profit.”
And if you think Washington policy makers cared about ACORN’s negative influence, think again. Before this whole mess came down, a Democrat-sponsored bill on the table would have created an “Affordable Housing Trust Fund,” granting ACORN access to approximately $500 million in Fannie Mae and Freddie Mac revenues with little or no oversight.
Even now, unbelievably — on the brink of national disaster — Democrats have insisted ACORN benefit from bailout negotiations! Senator Lindsay Graham reported last night (9/25/08) in an interview with Greta Van Susteren of On the Record that Democrats want 20 percent of the bailout money to go to ACORN!
This entire fiasco represents perhaps the pinnacle of ACORN’s efforts to advance the Cloward-Piven Strategy and is a stark demonstration of the power they wield in Washington.
Enter Barack Obama
In attempting to capture the significance of Barack Obama’s Radical Left connections and his relation to the Cloward Piven strategy, I constructed following flow chart. It is by no means complete. There are simply too many radical individuals and organizations to include them all here. But these are perhaps the most significant.

Cloward Piven Strategy

The chart puts Barack Obama at the epicenter of an incestuous stew of American radical leftism. Not only are his connections significant, they practically define who he is. Taken together, they constitute a who’s who of the American radical left, and guiding all is the Cloward-Piven strategy.

Conspicuous in their absence are any connections at all with any other group, moderate, or even mildly leftist. 
They are all radicals, firmly bedded in the anti-American, communist, socialist, radical leftist mesh.
Saul Alinsky
Most people are unaware that Barack Obama received his training in “community organizing” from Saul Alinsky’s Industrial Areas Foundation. But he did. In and of itself that marks his heritage and training as that of a radical activist. One really needs go no further. But we have.
Bill Ayers
Obama objects to being associated with SDS bomber Bill Ayers, claiming he is being smeared with “guilt by association.” But they worked together at theWoods Fund. The Wall Street Journal added substantially to our knowledge by describing in great detail Obama’s work over five years with SDS bomber Bill Ayers on the board of a non-profit, the Chicago Annenberg Challenge, to push a radical agenda on public school children. As Stanley Kurtz states:
“…the issue here isn’t guilt by association; it’s guilt by participation. As CAC chairman, Mr. Obama was lending moral and financial support to Mr. Ayers and his radical circle. That is a story even if Mr. Ayers had never planted a single bomb 40 years ago.”
Also included in the mix is Theresa Heinz Kerry’s favorite charity, the Tides Foundation. A partial list of Tides grants tells you all you need to know: ACLU, ACORN, Center for American Progress, Center for Constitutional Rights (a communist front,) CAIR, Earth Justice, Institute for Policy Studies (KGB spy nest), National Lawyers Guild (oldest communist front in U.S.), People for the Ethical Treatment of Animals (PETA), and practically every other radical group there is. ACORN’s Wade Rathke runs a Tides subsidiary, the Tides Center.
Carl Davidson and the New Party
We have heard about Bomber Bill, but we hear little about fellow SDS memberCarl Davidson. According to Discover the Networks, Davidson was an early supporter of Barack Obama and a prominent member of Chicago’s New Party, a synthesis of CPUSA members, Socialists, ACORN veterans and other radicals. Obama sought and received the New Party’s endorsement, and they assisted with his campaign. The New Party also developed a strong relationship with ACORN. As an excellent article on the New Party observes: “Barack Obama knew what he was getting into and remains an ideal New Party candidate.”
George Soros
The chart also suggests the reason for George Soros’ fervent support of Obama. The President of his Open Society Institute is Aryeh Neier, founder of the radical Students for a Democratic Society (SDS). As mentioned above, three other former SDS members had extensive contact with Obama: Bill Ayers, Carl Davidson and Wade Rathke. Surely Aryeh Neier would have heard from his former colleagues of the promising new politician. More to the point, Neier is firmly committed to supporting the hugely successful radical organization, ACORN, and would be certain back their favored candidate, Barack Obama.
ACORN
Obama has spent a large portion of his professional life working for ACORN or its subsidiaries, representing ACORN as a lawyer on some of its most critical issues, and training ACORN leaders. Stanley Kurtz’s excellent National Review article, “Inside Obama’s Acorn.” also describes Obama’s ACORN connection in detail. But I can’t improve on Obama’s own words:
I’ve been fighting alongside ACORN on issues you care about my entire career (emphasis added). Even before I was an elected official, when I ran Project Vote voter registration drive in Illinois, ACORN was smack dab in the middle of it, and we appreciate your work. – Barack Obama, Speech to ACORN, November 2007 (Courtesy Newsmax.)
In another excellent article on Obama’s ACORN connections, Newsmax asks a nagging question:
It would be telling to know if Obama, during his years at Columbia, had occasion to meet Cloward and study the Cloward-Piven Strategy.
I ask you, is it possible ACORN would train Obama to take leadership positions within ACORN without telling him what he was training for? Is it possible ACORN would put Obama in leadership positions without clueing him into what his purpose was?? Is it possible that this most radical of organizations would put someone in charge of training its trainers, without him knowing what it was he was training them for?
As a community activist for ACORN; as a leadership trainer for ACORN; as alead organizer for ACORN’s Project Vote; as an attorney representing ACORN’s successful efforts to impose Motor Voter regulations in Illinois; as ACORN’s representative in lobbying for the expansion of high risk housing loans through Fannie Mae and Freddie Mac that led to the current crisis; as a recipient of their assistance in his political campaigns — both with money and campaign workers; it is doubtful that he was unaware of ACORN’s true goals. It is doubtful he was unaware of the Cloward-Piven Strategy.
Fast-forward to 2005 when an obsequious, servile and scraping Daniel Mudd, CEO of Fannie Mae spoke at the Congressional Black Caucus swearing in ceremony for newly-elected Illinois Senator, Barack Obama. Mudd called, the Congressional Black Caucus “our family” and “the conscience of Fannie Mae.”
In 2005, Republicans sought to rein in Fannie and Freddie. Senator John McCain was at the forefront of that effort. But it failed due to an intense lobbying effort put forward by Fannie and Freddie.
In his few years as a U.S. senator, Obama has received campaign contributions of $126,349, from Fannie and Freddie, second only to the $165,400 received by Senator Chris Dodd, who has been getting donations from them since 1988. What makes Obama so special?
His closest advisers are a dirty laundry list of individuals at the heart of the financial crisis: former Fannie Mae CEO Jim Johnson; Former Fannie Mae CEO and former Clinton Budget Director Frank Raines; and billionaire failed Superior Bank of Chicago Board Chair Penny Pritzker.
Johnson had to step down as adviser on Obama’s V.P. search after this gem came out:
An Office of Federal Housing Enterprise Oversight (OFHEO) report[1] from September 2004 found that, during Johnson’s tenure as CEO, Fannie Mae had improperly deferred $200 million in expenses. This enabled top executives, including Johnson and his successor, Franklin Raines, to receive substantial bonuses in 1998.[2] A 2006 OFHEO report[3] found that Fannie Mae had substantially under-reported Johnson’s compensation. Originally reported as $6-7 million, Johnson actually received approximately $21 million.
Obama denies ties to Raines but the Washington Post calls him a member of “Obama’s political circle.” Raines and Johnson were fined $3 million by the Office of Federal Housing Oversight for their manipulation of Fannie books. The fine is small change however, compared to the $50 million Raines was able to obtain in improper bonuses as a result of juggling the books.
Most significantly, Penny Pritzker, the current Finance Chairperson of Obama’s presidential campaign helped develop the complicated investment bundling of subprime securities at the heart of the meltdown. She did so in her position as shareholder and board chair of Superior Bank. The Bank failed in 2001, one of the largest in recent history, wiping out $50 million in uninsured life savings of approximately 1,400 customers. She was named in a RICO class action law suit but doesn’t seem to have come out of it too badly.
As a young attorney in the 1990s, Barack Obama represented ACORN in Washington in their successful efforts to expand Community Reinvestment Act (CRA) authority. In addition to making it easier for ACORN groups to force banks into making risky loans, this also paved the way for banks like Superior to package mortgages as investments, and for the Government Sponsored Enterprises Fannie Mae and Freddie Mac to underwrite them. These changes created the conditions that ultimately lead to the current financial crisis.
Did they not know this would occur? Were these smart people, led by a Harvard graduate, unaware of the Econ 101 concept of moral hazard that would result from the government making implicit guarantees to underwrite private sector financial risk? They should have known that freeing the high-risk mortgage market of risk, calamity was sure to ensue. I think they did.
Barack Obama, the Cloward-Piven candidate, no matter how he describes himself, has been a radical activist for most of his political career. That activism has been in support of organizations and initiatives that at their heart seek to tear the pillars of this nation asunder in order to replace them with their demented socialist vision. Their influence has spread so far and so wide that despite their blatant culpability in the current financial crisis, they are able to manipulate Capital Hill politicians to cut them into $140 billion of the bailout pie!
God grant those few responsible yet remaining in Washington, DC the strength to prevent this massive fraud from occurring. God grant them the courage to stand up in the face of this Marxist tidal wave.

The Cloward-Piven Strategy Explained

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Editors Note: Shortly after becoming part of a local Tea Party Group, I became aware of something called The Cloward-Piven Strategy. After researching this topic extensively, I discovered an article written in September, 2008 BEFORE Barack Obama was elected President. The article was written by James Simpson and originally posted at American Thinker. Here’s a link to the original post if you’d like to check it out. Mr. Simpson has graciously given us permission to repost the article here and will be contributing other material to this site in the future. We are looking forward to his further investigations! As far was TeaPartyConnect.com is concerned, this article should be required reading for all Tea Party members.
TheGuru

The Cloward-Piven Strategy, Part II:
Barack Obama and the Strategy of Manufactured Crisis

America waits with bated breath while Washington struggles to bring the U.S. economy back from the brink of disaster. But many of those same politicians caused the crisis, and if left to their own devices will do so again.

Despite the mass media news blackout, a series of books, talk radio and the blogosphere have managed to expose Barack Obama’s connections to his radical mentors – Weather Underground bombers William Ayers and Bernardine Dohrn, Communist Party member Frank Marshall Davis and others. David Horowitz and his Discover the Networks.org have also contributed a wealth of information and have noted Obama’s radical connections since the beginning.

Yet, no one to my knowledge has connected all the dots between Barack Obama and the Radical Left. When seen together, the influences on Obama’s life comprise a who’s who of the radical leftist movement, and it becomes painfully apparent that not only is Obama a willing participant in that movement, he has spent most of his adult life deeply immersed in it.

But even this doesn’t fully describe the extreme nature of this candidate. He can be tied directly to a malevolent overarching strategy that has motivated many, if not all, of the most destructive radical leftist organizations in the United States since the 1960s.

The Cloward-Piven Strategy of Orchestrated Crisis

In an earlier post, I noted the liberal record of legislative disasters, the latest of which is now being played out in the financial markets before our eyes. Before the 1994 Republican takeover, Democrats had sixty years of virtually unbroken power in Congress – with substantial majorities most of the time. Can a group of smart people, studying issue after issue for years on end, with virtually unlimited resources at their command, not come up with a single policy that works? Why are they chronically incapable?

Why?

One of two things must be true. Either the Democrats are unfathomable idiots, who ignorantly pursue ever more destructive policies despite decades of contrary evidence, or they understand the consequences of their actions and relentlessly carry on anyway because they somehow benefit.

I submit to you they understand the consequences. For many it is simply a practical matter of eliciting votes from a targeted constituency at taxpayer expense; we lose a little, they gain a lot, and the politician keeps his job. But for others, the goal is more malevolent – the failure is deliberate. Don’t laugh. This method not only has its proponents, it has a name: the Cloward-Piven Strategy. It animates their agenda, tactics, and long-term strategy.

The Strategy was first elucidated in the May 2, 1966 issue of The Nation magazine by a pair of radical socialist Columbia University professors, Richard Andrew Cloward and Frances Fox Piven. David Horowitz summarizes it as:

The strategy of forcing political change through orchestrated crisis. The “Cloward-Piven Strategy” seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.

Cloward and Piven were inspired by radical organizer [and Hillary Clinton mentor] Saul Alinsky:

“Make the enemy live up to their (sic) own book of rules,” Alinsky wrote in his 1989 book Rules for Radicals. When pressed to honor every word of every law and statute, every Judeo-Christian moral tenet, and every implicit promise of the liberal social contract, human agencies inevitably fall short. The system’s failure to “live up” to its rule book can then be used to discredit it altogether, and to replace the capitalist “rule book” with a socialist one. (Courtesy of Discover the Networks.org)

Newsmax rounds out the picture:

Their strategy to create political, financial, and social chaos that would result in revolution blended Alinsky concepts with their more aggressive efforts at bringing about a change in U.S. government. To achieve their revolutionary change, Cloward and Piven sought to use a cadre of aggressive organizers assisted by friendly news media to force a re-distribution of the nation’s wealth.

In their Nation article, Cloward and Piven were specific about the kind of “crisis” they were trying to create:

By crisis, we mean a publicly visible disruption in some institutional sphere. Crisis can occur spontaneously (e.g., riots) or as the intended result of tactics of demonstration and protest which either generate institutional disruption or bring unrecognized disruption to public attention.

 

No matter where the strategy is implemented, it shares the following features:

  • The offensive organizes previously unorganized groups eligible for government benefits but not currently receiving all they can.
  • The offensive seeks to identify new beneficiaries and/or create new benefits.
  • The overarching aim is always to impose new stresses on target systems, with the ultimate goal of forcing their collapse.

Capitalizing on the racial unrest of the 1960s, Cloward and Piven saw the welfare system as their first target. They enlisted radical black activist George Wiley, who created the National Welfare Rights Organization (NWRO) to implement the strategy. Wiley hired militant foot soldiers to storm welfare offices around the country, violently demanding their “rights.” According to a City Journal article by Sol Stern, welfare rolls increased from 4.3 million to 10.8 million by the mid-1970s as a result, and in New York City, where the strategy had been particularly successful, “one person was on the welfare rolls… for every two working in the city’s private economy.”

According to another City Journal article titled “Compassion Gone Mad”:

The movement’s impact on New York City was jolting: welfare caseloads, already climbing 12 percent a year in the early sixties, rose by 50 percent during Lindsay’s first two years; spending doubled… The city had 150,000 welfare cases in 1960; a decade later it had 1.5 million.

The vast expansion of welfare in New York City that came of the NWRO’s Cloward-Piven tactics sent the city into bankruptcy in 1975. Rudy Giuliani cited Cloward and Piven by name as being responsible for “an effort at economic sabotage.” He also credited Cloward-Piven with changing the cultural attitude toward welfare from that of a temporary expedient to a lifetime entitlement, an attitude which in-and-of-itself has caused perhaps the greatest damage of all.

Cloward and Piven looked at this strategy as a gold mine of opportunity. Within the newly organized groups, each offensive would find an ample pool of foot soldier recruits willing to advance its radical agenda at little or no pay, and expand its base of reliable voters, legal or otherwise. The radicals’ threatening tactics also would accrue an intimidating reputation, providing a wealth of opportunities for extorting monetary and other concessions from the target organizations. In the meantime, successful offensives would create an ever increasing drag on society. As they gleefully observed:

Moreover, this kind of mass influence is cumulative because benefits are continuous. Once eligibility for basic food and rent grants is established, the drain on local resources persists indefinitely.

The next time you drive through one of the many blighted neighborhoods in our cities, or read of the astronomical crime, drug addiction, and out-of-wedlock birth rates, or consider the failed schools, strapped police and fire resources of every major city, remember Cloward and Piven’s thrill that “…the drain on local resources persists indefinitely.”

ACORN, the new tip of the Cloward-Piven spear

In 1970, one of George Wiley’s protégés, Wade Rathke – like Bill Ayers, a member of the radical Students for a Democratic Society (SDS) – was sent to found the Arkansas Community Organizations for Reform Now. While NWRO had made a good start, it alone couldn’t accomplish the Cloward-Piven goals. Rathke’s group broadened the offensive to include a wide array of low income “rights.” Shortly thereafter they changed “Arkansas” to “Association of” and ACORN went nationwide.

Today ACORN is involved in a wide array of activities, including housing, voting rights, illegal immigration and other issues. According to ACORN’s website: “ACORN is the nation’s largest grassroots community organization of low- and moderate-income people with over 400,000 member families organized into more than 1,200 neighborhood chapters in 110 cities across the country,” It is perhaps the largest radical group in the U.S. and has been cited for widespread criminal activity on many fronts.

Voting

On voting rights, ACORN and its voter mobilization subsidiary, Project Vote, have been involved nationwide in efforts to grant felons the vote and lobbied heavily for the Motor Voter Act of 1993, a law allowing people to register at motor vehicle departments, schools, libraries and other public places. That law had been sought by Cloward and Piven since the early1980s and they were present, standing behind President Clinton at the signing ceremony.

ACORN’s voter rights tactics follow the Cloward-Piven Strategy:

  1. Register as many democrat voters as possible, legal or otherwise and help them vote, multiple times if possible.
  2. Overwhelm the system with fraudulent registrations using multiple entries of the same name, names of deceased, random names from the phone book, even contrived names.
  3. Make the system difficult to police by lobbying for minimal identification standards.

In this effort, ACORN sets up registration sites all over the country and has been frequently cited for turning in fraudulent registrations, as well as destroying republican applications. In the 2004-2006 election cycles alone, ACORN was accused of widespread voter fraud in 12 states. It may have swung the election for one state governor.

ACORN’s website brags:

“Since 2004, ACORN has helped more than 1.7 million low- and moderate-income and minority citizens apply to register to vote.”

Project Vote boasts 4 million. I wonder how many of them had a pulse. For the 2008 cycle, ACORN and Project Vote have pulled out all the stops. Given their furious nationwide effort, it is not inconceivable that this presidential race could be decided by fraudulent votes alone.

Barack Obama ran ACORN’s Project Vote in Chicago and his highly successful voter registration drive wascredited with getting the disgraced former Senator Carol Moseley-Braun elected. Newsmax reiteratesCloward and Piven’s aspirations for ACORN’s voter registration efforts:

By advocating massive, no-holds-barred voter registration campaigns, they [Cloward & Piven] sought a Democratic administration in Washington, D.C. that would re-distribute the nation’s wealth and lead to a totalitarian socialist state.

Illegal Immigration

As I have written elsewhere, the Radical Left’s offensive to promote illegal immigration is “Cloward-Piven on steroids.” ACORN is at the forefront of this movement as well, and was a leading organization among a broad coalition of radical groups, including Soros’ Open Society Institute, the Service Employees International Union (ACORN founder Wade Rathke also runs a SEIU chapter), and others, that became theCoalition for Comprehensive Immigration Reform. CCIR fortunately failed to gain passage for the 2007 illegal immigrant amnesty bill, but its goals have not changed.

The burden of illegal immigration on our already overstressed welfare system has been widely documented. Some towns in California have even been taken over by illegal immigrant drug cartels. The disease, crime and overcrowding brought by illegal immigrants places a heavy burden on every segment of society and every level of government, threatening to split this country apart at the seams. In the meantime, radical leftist efforts to grant illegal immigrants citizenship guarantee a huge pool of new democrat voters. With little border control, terrorists can also filter in.

Obama aided ACORN as their lead attorney in a successful suit he brought against the Illinois state government to implement the Motor Voter law there. The law had been resisted by Republican Governor Jim Edgars, who feared the law was an opening to widespread vote fraud.

His fears were warranted as the Motor Voter law has since been cited as a major opportunity for vote fraud, especially for illegal immigrants, even terrorists. According to the Wall Street Journal: “After 9/11, the Justice Department found that eight of the 19 hijackers were registered to vote…”

ACORN’s dual offensives on voting and illegal immigration are handy complements. Both swell the voter rolls with reliable democrats while assaulting the country ACORN seeks to destroy with overwhelming new problems.

Mortgage Crisis

And now we have the mortgage crisis, which has sent a shock wave through Wall Street and panicked world financial markets like no other since the stock market crash of 1929. But this is a problem created in Washington long ago. It originated with the Community Reinvestment Act (CRA), signed into law in 1977 by President Jimmy Carter. The CRA was Carter’s answer to a grassroots activist movement started in Chicago, and forced banks to make loans to low income, high risk customers. PhD economist and former Texas Senator Phil Gramm has called it: “a vast extortion scheme against the nation’s banks.”

ACORN aggressively sought to expand loans to low income groups using the CRA as a whip. EconomistStan Leibowitz wrote in the New York Post:

In the 1980s, groups such as the activists at ACORN began pushing charges of “redlining”—claims that banks discriminated against minorities in mortgage lending. In 1989, sympathetic members of Congress got the Home Mortgage Disclosure Act amended to force banks to collect racial data on mortgage applicants; this allowed various studies to be ginned up that seemed to validate the original accusation.

In fact, minority mortgage applications were rejected more frequently than other applications—but the overwhelming reason wasn’t racial discrimination, but simply that minorities tend to have weaker finances.

ACORN showed its colors again in 1991, by taking over the House Banking Committee room for two days to protest efforts to scale back the CRA. Most significant of all, ACORN was the driving force behind a 1995 regulatory revision pushed through by the Clinton Administration that greatly expanded the CRA and laid the groundwork for the Fannie Mae, Freddie Mac borne financial crisis we now confront. Barack Obama was the attorney representing ACORN in this effort. With this new authority, ACORN used its subsidiary,ACORN Housing, to promote subprime loans more aggressively. Barack Obama represented ACORN in this effort.

As a New York Post article describes it:

A 1995 strengthening of the Community Reinvestment Act required banks to find ways to provide mortgages to their poorer communities. It also let community activists intervene at yearly bank reviews, shaking the banks down for large pots of money.

Banks that got poor reviews were punished; some saw their merger plans frustrated; others faced direct legal challenges by the Justice Department.

Flexible lending programs expanded even though they had higher default rates than loans with traditional standards. On the Web, you can still find CRA loans available via ACORN with “100 percent financing . . . no credit scores . . . undocumented income . . . even if you don’t report it on your tax returns.” Credit counseling is required, of course.

Ironically, an enthusiastic Fannie Mae Foundation report singled out one paragon of nondiscriminatory lending, which worked with community activists and followed “the most flexible underwriting criteria permitted.” That lender’s $1 billion commitment to low-income loans in 1992 had grown to $80 billion by 1999 and $600 billion by early 2003.

The lender they were speaking of was Countrywide – rescued by Bank of America in July – which specialized in subprime lending and had a working relationship with ACORN.

Investor’s Business Daily added:

The revisions also allowed for the first time the securitization of CRA-regulated loans containing subprime mortgages. The changes came as radical “housing rights” groups led by ACORN lobbied for such loans. ACORN at the time was represented by a young public-interest lawyer in Chicago by the name of Barack Obama. (Emphasis, mine.)

Since these loans were to be underwritten by the government sponsored Fannie Mae and Freddie Mac, the implicit government guarantee of those loans absolved lenders, mortgage bundlers and investors of any concern over the obvious risk. As Bloomberg reported: “It is a classic case of socializing the risk while privatizing the profit.”

And if you think Washington policy makers cared about ACORN’s negative influence, think again. Before this whole mess came down, a Democrat-sponsored bill on the table would have created an “Affordable Housing Trust Fund,” granting ACORN access to approximately $500 million in Fannie Mae and Freddie Mac revenues with little or no oversight.

Even now, unbelievably – on the brink of national disaster – Democrats have insisted ACORN benefit from bailout negotiations! Senator Lindsay Graham reported Thursday night (9/25/08) in an interview with Greta Van Susteren of On the Record that Democrats want 20 percent of the bailout money to go to ACORN!

This entire fiasco represents perhaps the pinnacle of ACORN’s efforts to advance the Cloward-Piven Strategy and is a stark demonstration of the power they wield in Washington.

Enter Barack Obama.

In attempting to capture the significance of Barack Obama’s Radical Left connections and his connection to the Cloward Piven strategy, I constructed following flow chart. It is by no means complete. There are simply too many radical individuals and organizations to include them all here. But these are perhaps the most significant.

The chart puts Barack Obama at the epicenter of an incestuous stew of American radical leftism. Not only are his connections significant, they practically define who he is. Taken together, they constitute a who’s who of the American Radical Left, and guiding all is the Cloward-Piven strategy.

Conspicuous in their absence are any connections at all with any other group, moderate, or even mildly leftist. They are all radicals, firmly bedded in the anti-American, communist, socialist, radical leftist mesh.

Saul Alinsky

Most people are unaware that Barack Obama received his training in “community organizing” from Saul Alinsky’s Industrial Areas Foundation. But he did. In and of itself that marks his heritage and training as that of a radical activist. One really need go no further. But we have.

Bill Ayers

Obama objects to being associated with SDS bomber Bill Ayers, claiming he is being smeared with “guilt by association.” But they worked together at the Woods Fund. The Wall Street Journal has added substantially to our knowledge by describing in great detail Obama’s work over five years with Ayers on the board of the Chicago Annenberg Challenge, a non-profit Ayers designed to push a radical agenda on public school children. As Stanley Kurtz states: “…the issue here isn’t guilt by association; it’s guilt by participation. As CAC chairman, Mr. Obama was lending moral and financial support to Mr. Ayers and his radical circle. That is a story even if Mr. Ayers had never planted a single bomb 40 years ago.”

Also included in the mix is John and Theresa Heinz Kerry’s favorite charity, the Tides Foundation. A partial list of Tides grants tells you all you need to know: ACLU, ACORN, Center for American Progress, Center for Constitutional Rights (a communist front,) CAIR, Earth Justice, Institute for Policy Studies (KGB spy nest), National Lawyers Guild (oldest communist front in U.S.), People for the Ethical Treatment of Animals (PETA), and practically every other radical group there is. ACORN’s Wade Rathke runs a Tides subsidiary, the Tides Center. No wonder Kerry, Kennedy et al love Obama. Just one big happy family.

Carl Davidson and the New Party

We have heard about Bomber Bill, but we hear little about fellow SDS member Carl Davidson. According toDiscover the Networks, Davidson was an early supporter of Barack Obama and a prominent member of Chicago’s New Party, a synthesis of CPUSA members, Socialists, ACORN veterans and other radicals. Obama sought and received the New Party’s endorsement, and they assisted with his campaign. The New Party also developed a strong relationship with ACORN. As an excellent article on the New Party observes: “Barack Obama knew what he was getting into and remains an ideal New Party candidate.”

George Soros

The chart also suggests one reason for George Soros’ fervent support of Obama. The President of his Open Society Institute is Aryeh Neier, founder of the radical Students for a Democratic Society (SDS). As mentioned above, three other former SDS members had extensive contact with Obama: Bill Ayers, Carl Davidson and Wade Rathke. Surely Aryeh Neier would have heard of the promising new politician from his former colleagues. More to the point, Neier is firmly committed to supporting the hugely successful radical organization, ACORN, and would be certain back their favored candidate, Barack Obama. Soros is a natural suspect in this fiasco as he has made all his ill-gotten gains short-selling on national disaster. The extent of his dirty dealings is worthy of its own book.

ACORN

Obama has spent a large portion of his professional life working for ACORN or its subsidiaries, representing ACORN as a lawyer on some of its most critical issues, and training ACORN leaders. Stanley Kurtz’s excellent National Review article, “Inside Obama’s Acorn.” also describes Obama’s ACORN connection in detail. But I can’t improve on Obama’s own words:

I’ve been fighting alongside ACORN on issues you care about my entire career (emphasis added). Even before I was an elected official, when I ran Project Vote voter registration drive in Illinois, ACORN was smack dab in the middle of it, and we appreciate your work. — Barack Obama, Speech to ACORN, November 2007 (Courtesy Newsmax.)

In another excellent article on Obama’s ACORN connections, Newsmax asks a nagging question:

It would be telling to know if Obama, during his years at Columbia, had occasion to meet Cloward and study the Cloward-Piven Strategy.

I will put it more bluntly: Barack Obama is fully aware of the Cloward-Piven strategy and has actively worked to achieve its goals for most of his adult life.

I ask you, is it possible ACORN would train Obama to take leadership positions within ACORN without telling him what he was training for? Is it possible ACORN would put Obama in leadership positions without clueing him into what his purpose was?? Is it possible that this most radical of organizations would put someone in charge of training its trainers, without him knowing what it was he was training them for???

As a community activist for ACORN; as a leadership trainer for ACORN; as a lead organizer for ACORN’s Project Vote; as an attorney representing ACORN’s successful efforts to impose Motor Voter regulations in Illinois; as ACORN’s representative in lobbying for the expansion of high risk housing loans through Fannie Mae and Freddie Mac that led to the current crisis; as a recipient of their assistance in his political campaigns – both with money and campaign workers; it is inconceivable that he was unaware of ACORN’s true goals. It is inconceivable he was unaware of the Cloward-Piven Strategy.

Fast-forward to 2005 when an obsequious, servile and scraping Daniel Mudd, CEO of Fannie Mae spoke at the Congressional Black Caucus swearing in ceremony for newly-elected Illinois Senator, Barack Hussein Obama. Mudd called, the Congressional Black Caucus “our family” and “the conscience of Fannie Mae.”

In 2005, Republicans sought to reign in Fannie and Freddie. Senator John McCain was at the forefront of that effort. But it failed due to an intense lobbying effort put forward by Fannie and Freddie.

In his few years as a U.S. senator, Obama has received campaign contributions of $126,349, from Fannie and Freddie, second only to the $165,400 received by Senator Chris Dodd, who has been getting donations from them since 1988. What makes Obama so special?

His closest advisers are a dirty laundry list of individuals at the heart of the financial crisis: former Fannie Mae CEO Jim Johnson; Former Fannie Mae CEO and former Clinton Budget Director Frank Raines; and billionaire failed Superior Bank of Chicago Board Chair Penny Pritzker.

Johnson had to step down as adviser on Obama’s V.P. search after this gem came out:

An Office of Federal Housing Enterprise Oversight (OFHEO) report[1] from September 2004 found that, during Johnson’s tenure as CEO, Fannie Mae had improperly deferred $200 million in expenses. This enabled top executives, including Johnson and his successor, Franklin Raines, to receive substantial bonuses in 1998.[2] A 2006 OFHEO report[3] found that Fannie Mae had substantially under-reported Johnson’s compensation. Originally reported as $6-7 million, Johnson actually received approximately $21 million.

Obama denies ties to Raines but the Washington Post calls him a member of “Obama’s political circle.” Raines and Johnson were fined $3 million by the Office of Federal Housing Oversight for their manipulation of Fannie books. The fine is small change however, compared to the $50 million Raines was able to obtain in improper bonuses as a result of juggling the books. To add insult to injury, the $3 million fine was paid with Fannie Mae’s insurance fund.

Most significantly, Penny Pritzker, the current Finance Chairperson of Obama’s presidential campaign, helped develop the complicated investment bundling of subprime securities at the heart of the meltdown. She did so in her position as owner and board chair of Superior Bank. The Bank failed in 2001, one of the largest in recent history, wiping out $50 million in life savings of the bank’s approximately 1,400 customers. She was named in a RICO class action law suit but doesn’t seem to have come out of it too badly.

As a young attorney in the 1990s, Barack Obama represented ACORN in Washington in their successful efforts to expand Community Reinvestment Act (CRA) authority. In addition to making it easier for ACORN groups to force banks into making risky loans, this also paved the way for banks like Superior to package mortgages as investments, and for the Government Sponsored Enterprises Fannie Mae and Freddie Mac to underwrite them. These changes created the conditions that ultimately lead to the current financial crisis.

Did they not know this would occur? Were these smart people, led by a Harvard graduate, unaware of the Econ 101 concept of moral hazard that would result from the government making implicit guarantees to underwrite private sector financial risk? They should have known that freeing the high-risk mortgage market of risk, calamity was sure to ensue. I think they did.

Barack Obama, the Cloward-Piven candidate, no matter how he describes himself, has been a radical activist for most of his political career. That activism has been in support of organizations and initiatives that at their heart seek to tear the pillars of this nation asunder in order to replace them with their demented socialist vision. Their influence has spread so far and so wide that despite their blatant culpability in the current financial crisis, they are able to manipulate Capital Hill politicians to cut them into $140 billion of the bailout pie!

God grant those few responsible yet remaining in Washington, DC the strength to prevent this massive fraud from occurring. God grant them the courage to stand up in the face of this Marxist tidal wave.

Jim Simpson is a former White House staff economist and budget analyst. His writings have been published in American ThinkerWashington Times, FrontPage MagazineDefenseWatchSoldier of Fortune and others. His blog is Truth and Consequences.

You can access the other parts of the Cloward-Piven series of articles by James Simpson at the American Daughter Media Center which also includes versions of these articles in Word Document format for downloading and re-printing.

The Cloward-Piven Strategy, Part I: Manufactured Crisis 
The Cloward-Piven Strategy, Part I — print copy
The Cloward-Piven Strategy, Part II: Barack Obama and the Strategy of Manufactured Crisis
The Cloward-Piven Strategy, Part II — print copy
The Cloward-Piven Strategy, Part III: Conspiracy of the Lemmings 
The Cloward-Piven Strategy, Part III — print copy

http://www.teapartyconnect.com/102/the-cloward-piven-strategy-explained/

 

Cloward–Piven strategy

From Wikipedia, the free encyclopedia

The Cloward–Piven strategy is a political strategy outlined in 1966 by American sociologists and political activists Richard Cloward and Frances Fox Piven that called for overloading the U.S. public welfare system in order to precipitate a crisis that would lead to a replacement of the welfare system with a national system of “a guaranteed annual income and thus an end to poverty”. Cloward and Piven were a married couple who were both professors at the Columbia University School of Social Work. The strategy was formulated in a May 1966 article in liberal[1] magazine The Nation titled “The Weight of the Poor: A Strategy to End Poverty”.[2]

The two stated that many Americans who were eligible for welfare were not receiving benefits, and that a welfare enrollment drive would strain local budgets, precipitating a crisis at the state and local levels that would be a wake-up call for the federal government, particularly the Democratic Party. There would also be side consequences of this strategy, according to Cloward and Piven. These would include: easing the plight of the poor in the short-term (through their participation in the welfare system); shoring up support for the national Democratic Party then-splintered by pluralistic interests (through its cultivation of poor and minority constituencies by implementing a national “solution” to poverty); and relieving local governments of the financially and politically onerous burdens of public welfare (through a national “solution” to poverty)[citation needed].

 

 

The strategy

Cloward and Piven’s article is focused on forcing the Democratic Party, which in 1966 controlled the presidency and both houses of the United States Congress, to take federal action to help the poor. They stated that full enrollment of those eligible for welfare “would produce bureaucratic disruption in welfare agencies and fiscal disruption in local and state governments” that would “deepen existing divisions among elements in the big-city Democratic coalition: the remaining white middle class, the working-class ethnic groups and the growing minority poor. To avoid a further weakening of that historic coalition, a national Democratic administration would be constrained to advance a federal solution to poverty that would override local welfare failures, local class and racial conflicts and local revenue dilemmas.”[3] They wrote:

The ultimate objective of this strategy—to wipe out poverty by establishing a guaranteed annual income—will be questioned by some. Because the ideal of individual social and economic mobility has deep roots, even activists seem reluctant to call for national programs to eliminate poverty by the outright redistribution of income.[3]

Michael Reisch and Janice Andrews wrote that Cloward and Piven “proposed to create a crisis in the current welfare system – by exploiting the gap between welfare law and practice – that would ultimately bring about its collapse and replace it with a system of guaranteed annual income. They hoped to accomplish this end by informing the poor of their rights to welfare assistance, encouraging them to apply for benefits and, in effect, overloading an already overburdened bureaucracy.”[4]

Focus on Democrats

The authors pinned their hopes on creating disruption within the Democratic Party. “Conservative Republicans are always ready to declaim the evils of public welfare, and they would probably be the first to raise a hue and cry. But deeper and politically more telling conflicts would take place within the Democratic coalition,” they wrote. “Whites – both working class ethnic groups and many in the middle class – would be aroused against the ghetto poor, while liberal groups, which until recently have been comforted by the notion that the poor are few… would probably support the movement. Group conflict, spelling political crisis for the local party apparatus, would thus become acute as welfare rolls mounted and the strains on local budgets became more severe.”[5]

Reception and criticism

Howard Phillips, chairman of The Conservative Caucus, was quoted in 1982 as saying that the strategy could be effective because “Great Society programs had created a vast army of full-time liberal activists whose salaries are paid from the taxes of conservative working people.”[6]

Liberal commentator Michael Tomasky, writing about the strategy in the 1990s and again in 2011, called it “wrongheaded and self-defeating”, writing: “It apparently didn’t occur to [Cloward and Piven] that the system would just regard rabble-rousing black people as a phenomenon to be ignored or quashed.”[7]

Impact of the strategy

In papers published in 1971 and 1977, Cloward and Piven argued that mass unrest in the United States, especially between 1964 and 1969, did lead to a massive expansion of welfare rolls, though not to the guaranteed-income program that they had hoped for.[8]Political scientist Robert Albritton disagreed, writing in 1979 that the data did not support this thesis; he offered an alternative explanation for the rise in welfare caseloads.

In his 2006 book Winning the Race, political commentator John McWhorter attributed the rise in the welfare state after the 1960s to the Cloward–Piven strategy, but wrote about it negatively, stating that the strategy “created generations of black people for whom working for a living is an abstraction.”[9]

According to historian Robert E. Weir in 2007, “Although the strategy helped to boost recipient numbers between 1966 and 1975, the revolution its proponents envisioned never transpired.”[10]

Some commentators have blamed the Cloward–Piven strategy for the near-bankruptcy of New York City in 1975.[11][12]

Conservative commentator Glenn Beck referred to the Cloward-Piven Strategy often on his Fox News television show, Glenn Beck, during its run from 2009 to 2011, reiterating his opinion that it had helped to inspire President Barack Obama‘s economic policy. On February 18, 2010, for example, Beck said, “you’ve got total destruction of wealth coming … It’s the final phase of the Cloward-Piven strategy, which is collapse the system.”[13]

Richard Kim, writing in 2010 in The Nation (in which the original essay appeared), called such assertions “a reactionary paranoid fantasy …” but says that “the left’s gut reaction upon hearing of it–to laugh it off as a Scooby-Doo comic mystery–does nothing to blunt its appeal or limit its impact.”[14] The Nation later stated that Beck blames the “Cloward-Piven Strategy” for “the financial crisis of 2008, healthcare reform, Obama’s election and massive voter fraud” and has resulted in the posting of much violent and threatening rhetoric by users on Beck’s website, including death threats against Frances Fox Piven.[15] For her part, Piven vigorously continues to defend the original idea, calling its conservative interpretation “lunatic”.[16]

References

  1. Jump up^ Peters, Jeremy W. (November 7, 2010). “Bad News for Liberals May Be Good News for a Liberal Magazine”The New York Times. Retrieved June 17, 2010.
  2. Jump up^ Cloward, Richard; Piven, Frances (May 2, 1966). “The Weight of the Poor: A Strategy to End Poverty”. (Originally published in The Nation).
  3. Jump up to:a b Cloward and Piven, p. 510
  4. Jump up^ Reisch, Michael; Janice Andrews (2001). The Road Not Taken. Brunner Routledge. pp. 144–146. ISBN 1-58391-025-5.
  5. Jump up^ Cloward and Piven, p. 516
  6. Jump up^ Robert Pear (1984-04-15). “Drive to Sign Up Poor for Voting Meets Resistance”. The New York Times.
  7. Jump up^ Glenn Beck and Fran Piven, Michael Tomasky, Michael Tomasky’s BlogThe Guardian, January 24, 2011
  8. Jump up^ Albritton, Robert (December 1979). Social Amelioration through Mass Insurgency? A Reexamination of the Piven and Cloward Thesis. American Political Science Review. JSTOR 1953984.
  9. Jump up^ McWhorter, John, “John McWhorter: How Welfare Went Wrong“, NPR, August 9, 2006.
  10. Jump up^ Weir, Robert (2007). Class in America. Greenwood Press. p. 616. ISBN 978-0-313-33719-2.
  11. Jump up^ Chandler, Richard, “The Cloward–Piven strategy“, The Washington Times, October 15, 2008
  12. Jump up^ Frances Fox Piven: Glenn Beck Seeks ‘Foreign, Dark-Skinned, Intellectual’ Scapegoats, Kyle Olson, BigGovernment.com, February 8, 2010
  13. Jump up^ Beck, Glenn (February 18, 2010). “Study Says We’re Toast”.
  14. Jump up^ Kim, Richard (April 12, 2010). “The Mad Tea Party”The Nation.
  15. Jump up^ “Glenn Beck Targets Frances Fox Piven”The Nation. February 7, 2011.
  16. Jump up^ Piven, F.F. (2011) Crazy Talk and American Politics: or, My Glenn Beck StoryThe Chronicle of Higher Education (The Chronicle Review) 57(25), B4-B5.

http://en.wikipedia.org/wiki/Cloward%E2%80%93Piven_strategy

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The Pronk Pops Show 142, October 3, 2013, Segment 1: U.S. Treasury Secretary Jacob Lew Panics Plays Politics With Debt Ceiling — Claims U.S. Will Default On Treasury Debt If Debt Ceiling Is Not Raise and Will Cause Recession — Pure Propaganda — Treasury Receives About $200 Billion Per Month With Interest On Debt Less Than $35 Billion Per Month! — Videos

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Segment 1: U.S. Treasury Secretary Jacob Lew Panics Plays Politics With Debt Ceiling — Claims U.S. Will Default On Treasury Debt If Debt Ceiling Is Not Raise and Will Cause Recession — Pure Propaganda — Treasury Receives About $200 Billion Per Month With Interest On Debt Less Than $35 Billion Per Month!  — Videos

U.S. Debt Clock

http://www.usdebtclock.org/

Economy

debt_ceiling

national debt and recession, obama cartoons

national debt wave

jacob-lewJacob_Lew_2

debt_ceiling_biga-summer-2013-who-really-owns-us-national-debtNational-Debt-Graphentitlements-consume-economy-606

national-debt-hypocrisy_obama

 BUREAU OF THE FISCAL SERVICE
                                                  STAR - TREASURY FINANCIAL DATABASE
             TABLE 1.  SUMMARY OF RECEIPTS, OUTLAYS AND THE DEFICIT/SURPLUS BY MONTH OF THE U.S. GOVERNMENT (IN MILLIONS)

                                                        ACCOUNTING DATE:  08/13

   PERIOD                                                                     RECEIPTS                OUTLAYS    DEFICIT/SURPLUS (-)
+  ____________________________________________________________  _____________________  _____________________  _____________________
   PRIOR YEAR

     OCTOBER                                                                   163,072                261,539                 98,466
     NOVEMBER                                                                  152,402                289,704                137,302
     DECEMBER                                                                  239,963                325,930                 85,967
     JANUARY                                                                   234,319                261,726                 27,407
     FEBRUARY                                                                  103,413                335,090                231,677
     MARCH                                                                     171,215                369,372                198,157
     APRIL                                                                     318,807                259,690                -59,117
     MAY                                                                       180,713                305,348                124,636
     JUNE                                                                      260,177                319,919                 59,741
     JULY                                                                      184,585                254,190                 69,604
     AUGUST                                                                    178,860                369,393                190,533
     SEPTEMBER                                                                 261,566                186,386                -75,180

       YEAR-TO-DATE                                                          2,449,093              3,538,286              1,089,193

   CURRENT YEAR

     OCTOBER                                                                   184,316                304,311                119,995
     NOVEMBER                                                                  161,730                333,841                172,112
     DECEMBER                                                                  269,508                270,699                  1,191
     JANUARY                                                                   272,225                269,342                 -2,883
     FEBRUARY                                                                  122,815                326,354                203,539
     MARCH                                                                     186,018                292,548                106,530
     APRIL                                                                     406,723                293,834               -112,889
     MAY                                                                       197,182                335,914                138,732
     JUNE                                                                      286,627                170,126               -116,501
     JULY                                                                      200,030                297,627                 97,597
     AUGUST                                                                    185,370                333,293                147,923

       YEAR-TO-DATE                                                          2,472,542              3,227,888                755,345
-

 

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Treasury warns default could be worse than Great Recession

he U.S. Treasury Department is warning that the economy could plunge into a downturn worse than the Great Recession if Congress fails to raise the federal borrowing limit and the country defaults on its debt obligations.

A default could cause the nation’s credit markets to freeze, the value of the dollar to plummet and U.S. interest rates to skyrocket, according to the Treasury report released Thursday.

(Read more:Buffett speaks out against DC’s ‘extreme idiocy’)

Treasury officials hope by laying out potential consequences they will be able to bring pressure on Congress to act. Treasury SecretaryJacob Lew has said he will have used up the extraordinary measures to avoid breaching the debt ceiling by Oct. 17. After that, the government will have around $30 billion of cash on hand.

The report looked at the disruptions caused to financial markets during a similar stand-off between the administration and Congress over raising the debt limit. It then made projections about what could occur if there were an actual default.

In August 2011, Congress eventually raised the nation’s borrowing limit before a default occurred but only after a protracted debate. The politics that nearly led to a default prompted Standard & Poor’s to cut the nation’s credit rating by a notch.

(Read moreHank Paulson: Tea party ‘hijacked the debate’)

“As we saw two years ago, prolonged uncertainty over whether our nation will pay its bills in full and on time hurts our economy,” Lew said in a statement. “Postponing a debt ceiling increase to the very last minute is exactly what our economy does not need—a self-inflicted wound harming families and businesses.”

Our nation has worked hard to recover from the 2008 financial crisis, and Congress must act now to lift the debt ceiling before that recovery is put in jeopardy,” Lew said.

The report notes that even the possibility of a default could roil financial markets and damage the economy, thereby harming American businesses and households. Sharp declines in household wealth, increases in the cost of financing for businesses and households, and a fall in private-sector confidence, all tend to undermine economic expansion. It also states that if the current government shutdown is protracted, it could make the U.S. economy even more susceptible to the adverse effects from a debt ceiling impasse than it was prior to the shutdown.

In the event of a default, the U.S. economy could be plunged into a recession worse than any seen since the Great Depression, it said.

“The U.S. dollar and Treasury securities are at the center of the international finance system. In the catastrophic event that a debt limit impasse were to lead to a default on Treasury securities, financial markets could be shaken to their core as was seen in late 2008, which resulted in a recession worse than any seen since the Great Depression.”

http://www.nbcnews.com/business/treasury-warns-default-could-be-worse-great-recession-8C11329540

Simple facts show Obama’s debt-ceiling default threats are nonsense

The United States of America isn’t going to default on its debt, even if Congress doesn’t increase the statutory borrowing authority in the next couple of months. Everyone in Washington knows, or should know, this. Any assertions to the contrary are tantamount to — perish the thought! — playing politics with the debt ceiling.This is the second time in less than two years that the nation finds itself at this juncture, with Republicans in Congress threatening to hold the debt ceiling hostage. Some lawmakers are willing to shut down the government in order to pressure President Barack Obama to agree to spending cuts.

A shutdown is certainly possible. A debt default? Not gonna happen.

Why? Because the income taxes withheld from most of our paychecks each month exceed the interest the Treasury owes on its debt outstanding. In November, for example, the Treasury’sinterest expense totaled $25 billion. That compares with tax receipts of $161.7 billion. The ratio of receipts to interest expense varies from month to month, but what comes in more than covers what goes out in debt service.

Without an increase in the $16.394 trillion debt limit, the federal government can’t pay all of its bills: It borrows 40 cents of every dollar it spends. Still, “debt service would come first,” said Lou Crandall, chief economist at Wrightson Icap LLC in Jersey City, New Jersey.

Prioritizing Payments

Wait. The Treasury claims it has no authority to prioritize payments, to pay bondholders first.

That’s what it says, yes. Others beg to differ. In response to a congressional inquiry on the issue in 1985, the Government Accountability Office concluded the following: “We are aware of no statute or any other basis for concluding that Treasury is required to pay outstanding obligations in the order in which they are presented for payment unless it chooses to do so.”

The GAO is equally unaware of any new law that would alter its opinion in any way. So repeat after me: The U.S. isn’t going to fail to make timely payment of principal and interest on its sovereign debt. If it can’t issue new debt, it can roll over maturing debt. Borrowers may very well demand a higher rate of interest, especially if Obama and Treasury Secretary Timothy Geithner raise the specter of default, as they did in 2011.

Issuing such a threat is irresponsible and even counterproductive if it prompts bondholders to dump Treasuries. That’s what happened initially during the debt-ceiling negotiations in July and August of 2011, costing the U.S. Treasury an additional $1.3 billion in interest expense, according to the GAO.

Once Standard & Poor’s put the U.S.’s AAA rating on credit watch on July 14, stocks went into the tank and Treasuries ignored the downgrade threat, which became a reality on Aug. 5.

“The bond market has its own credit-rating system,”Crandall said.

I am not suggesting that a failure to raise the debt ceiling wouldn’t be disruptive or cause undue hardship to those who rely on government checks. Social Security payments might not get processed. Medicare and Medicaid providers wouldn’t get paid. Neither would those serving in the military.

The sad part is that the debt ceiling has nothing to do with the debt problem. It merely allows Treasury to borrow what Congress has already spent. It does not authorize new spending commitments.

Options to get around the statutory debt limit, such as invoking the 14th Amendment or minting a $1 trillion platinum coin, seem like a bad precedent (the former) or a gimmick (the latter) to circumvent a relic. Neither is likely to be implemented.

‘Finished, Over’

The only solution is to address the debt ceiling directly. Obama has made it clear he won’t negotiate with Congress over the government’s borrowing authority. Republicans have made it equally clear they aren’t going to give him what he wants without extracting concessions on spending cuts. Given thepublic’s view of them as spoilers, Republicans would be better served by using their leverage in negotiations over the sequester. As part of the deal to avert the fiscal cliff, the first installment of the 10-year, $1.2 trillion of not-so-automatic discretionary-spending cuts was delayed for two months.

Obama no longer has the leverage he had in the cliff negotiations: tax increases for all if Congress failed to act. Republicans, as a rule, oppose cuts in defense spending. So does the Pentagon. Obama doesn’t want to pare nondefense spending. In fact, he would like to increase it under the guise of”investment.” (It sounds so much better.)

Obama has also said that any deficit-reduction agreement must be balanced, by which he means spending cuts only in return for additional tax increases. Congress just made the Bush-era tax cuts permanent for all but the top 0.7 percent of earners. And Senate Minority Leader Mitch McConnell, echoing the view of his caucus, said the “tax issue is finished, over, completed.”

The lines in the sand have been drawn — rather sharply, as it turns out. The negotiations could get interesting if Republicans pick their battles carefully, addressing spending cuts at a time and place that’s appropriate.

(Caroline Baum, author of “Just What I Said,” is a Bloomberg View columnist. The opinions expressed are her own.)

To contact the writer of this article: Caroline Baum in New York at cabaum@bloomberg.net.

To contact the editor responsible for this article: James Greiff at jgreiff@bloomberg.net.

More government insanity:

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Jacob Lew

Jacob JosephJackLew (born August 29, 1955) is an American government administrator and attorney who is the 76th and current United States Secretary of the Treasury, serving since 2013. He served as the 25th White House Chief of Staff from 2012 to 2013. Lew previously served as Director of the Office of Management and Budget in the Clinton and Obama Administrations, and is a member of the Democratic Party.

Born in New York City, Lew received his A.B. from Harvard College and his J.D. from Georgetown University Law Center. Lew began his career as a legislative assistant to Representative Joe Moakley and as a senior policy adviser to former House Speaker Tip O’Neill. Lew then worked as an attorney in private practice before working as a deputy in Boston’s office of management and budget. In 1993, he began work for the Clinton Administration as Special Assistant to the President. In 1994 Lew served as Associate Director for Legislative Affairs and Deputy Director of the Office of Management and Budget, where he served as Director of that agency from 1998 to 2001 and from 2010 to 2012. After leaving the Clinton Administration, Lew worked as the Executive Vice President for Operations at New York University from 2001 to 2006, and as the COO at Citigroup from 2006 to 2008. Lew then served as the first Deputy Secretary of State for Management and Resources, from 2009 to 2010.

On January 10, 2013, Lew was nominated as the replacement for retiring Treasury Secretary Timothy Geithner, to serve in President Barack Obama‘s second term.[2] On February 27, 2013, the Senate confirmed Lew for the position. He was sworn in the following day.

Early life, education, and early career

Lew was born in New York City. He attended New York City public schools, graduating from Forest Hills High School.[3] His father was a lawyer and rare-book dealer who came to the United States from Poland as a child.[4] Lew attended Carleton College in Minnesota where his faculty adviser was Paul Wellstone, who eventually represented Minnesota in the U.S. Senate.[5] He graduated from Harvard College in 1978 and the Georgetown University Law Center in 1983.[6]

He worked as an aide to Rep. Joe Moakley (D-Mass.) from 1974 to 1975.[7] He then was a senior policy adviser to House Speaker Tip O’Neill.[8] Under O’Neill he served at the House Democratic Steering and Policy Committee as Assistant Director and then Executive Director, and was responsible for work on domestic and economic issues including Social Security, Medicare, budget, tax, trade, appropriations, and energy issues.[1]

Lew practiced as an attorney for five years as a partner at Van Ness, Feldman and Curtis.[9] His practice dealt primarily with electric power generation. He has also worked as Executive Director of the Center for Middle East Research, Issues Director for the Democratic National Committee’s Campaign 88, and Deputy Director of the Office of Program Analysis in the city of Boston‘s Office of Management and Budget. [10][11]

Clinton administration

From February 1993 to 1994, Lew served as Special Assistant to the President under President Clinton.[12] Lew was responsible for policy development and the drafting of the national service initiative (AmeriCorps) and health care reform legislation.[13]

Lew left the White House in October 1994 to work as OMB’s Executive Associate Director and Associate Director for Legislative Affairs.[14] From August 1995 until July 1998, Lew served as Deputy Director of OMB.[15] There, Lew was chief operating officer responsible for day-to-day management of a staff of 500. He had crosscutting responsibilities to coordinate Clinton administration efforts on budget and appropriations matters. He frequently served as a member of the Administration negotiating team, including regarding the Balanced Budget Act of 1997.

President Clinton nominated Lew to be Director of the OMB,[16] and the United States Senate confirmed him for that job on July 31, 1998.[17] He served in that capacity until the end of the Clinton administration in January 2001. As OMB Director, Lew had the lead responsibility for the Clinton Administration’s policies on budget, management, and appropriations issues. As a member of the Cabinet and senior member of the economic team, he advised the President on a broad range of domestic and international policies. He represented the Administration in budget negotiations with Congress and served as a member of the National Security Council.

Between Clinton and Obama tenures

After leaving public office in the Clinton administration, Lew served as the Executive Vice President for Operations at New York University and was a Clinical Professor of Public Administration at NYU’s Wagner School of Public Service.[18] While at NYU, Lew aided the university in ending graduate students’ collective bargaining rights. The Obama administration has maintained that Lew supports workers’ union rights.[19] According to a 2004 report in NYU’s student newspaper, the Washington Square News, Lew was paid $840,339 during the 2002-2003 academic year.[20]In addition to his salary, several hundred thousand dollars in mortgage loans from NYU to Mr. Lew were forgiven by the University.[21]

In June 2006, Lew was named chief operating officer of Citigroup‘s Alternative Investments unit, a proprietary trading group. The unit he oversaw invested in a hedge fund “that bet on the housing market to collapse.”[22] During his work at Citigroup, Lew had invested heavily in funds in Ugland House while he worked as an investment banker at Citigroup during the 2008 financial meltdown.[23] Lew also had oversight of Citigroup subsidiaries in countries including, Bermuda, the Cayman Islands, and Hong Kong; and during his time at Citigroup, Citigroup subsidiaries in the Cayman Islands increased to 113.[24]

Lew co-chaired the Advisory Board for City Year New York.[25] He is a member of the Council on Foreign Relations, the Brookings Institution Hamilton Project Advisory Board, and the National Academy of Social Insurance.[26] Lew is also a member of the bar in Massachusetts and the District of Columbia.[27]

Obama administration

Deputy Secretary of State

Lew with former Chair of the Joint Chiefs Admiral Mike Mullen at the Combined Press Information Center in Baghdad, July 27, 2010.

As Deputy Secretary of State for Management and Resources, Lew was the State Department‘s chief operating officer and was primarily responsible for resource issues, while James Steinberg, who also served as Deputy Secretary of State during that period was responsible for policy.[28][29] Lew was co-leader of the State Department’s Quadrennial Diplomacy and Development Review.[30]

Budget director

On July 13, 2010, the White House announced that Lew had been chosen to replace Peter Orszag as Director of the Office of Management and Budget (OMB), subject to Senate confirmation.[31] During confirmation hearings in the Senate, in response to questioning by Senator Bernie Sanders (I-VT), Lew said that he did not believe deregulation was a “proximate cause” of the financial crisis of 2007–2008: Lew told the panel that “the problems in the financial industry preceded deregulation,” and after discussing those issues, added that he didn’t “personally know the extent to which deregulation drove it, but I don’t believe that deregulation was the proximate cause.”[32][33]

On November 18, 2010, Lew was confirmed by the Senate by unanimous consent.

The $3.7 trillion 2011 budget President Obama unveiled the administration estimated reductions to federal spending deficits by $1.1 trillion over the next decade if adopted and economic assumptions were fully achieved. Two-thirds of the that estimated reduction would come from spending cuts through a 5-year freeze in discretionary spending first announced in Obama’s 2011 State of the Union address, as well as savings to mandatory programs such as Medicare and lower interest payments on the debt that would result from the lower spending. Tax increases are responsible for the other third of the reduction, including a cap on itemized reductions for wealthier taxpayers and the elimination of tax breaks for oil and gas companies.[34] Economist and former financial fraud investigator William K. Black warned that the OMB budget statement prepared under Lew’s direction was “an ode to austerity,” and that austerity would force the U.S. economy back into recession.[35]

Lew meeting with President Barack Obama and the Assistant to the President for Legislative Affairs Rob Nabors

In an op-ed in the Huffington Post, Lew cited top Administration priorities to achieve deficit reduction; including: $400 billion in savings from non-security discretionary spending freezes, $78 billion in cuts to the Department of Defense, returning to the Clinton-era tax rates for the top 2% of income earners, and lowering the Corporate tax from 35% to 25%.[36]

Chief of Staff

On January 9, 2012, President Obama announced that Lew would replace William M. Daley as White House Chief of Staff.[37] Lew’s nomination was followed with criticism[38][39][40][41] after renewed reports that he received over $900,000 in bonuses while working at Citigroup, which had been rescued with $45 billion from the Troubled Asset Relief Program (TARP) after losing $27.7 billion, or 90% of its value.[42][43]

During his tenure as Chief of Staff, Lew was seen as a supporter and top negotiator for a “grand bargain” deal between President Obama and House Speaker John Boehner, to avoid “Fiscal cliff” sequester cuts and tax increases.[1]

Lew’s Old Signature

Secretary of the Treasury

Lew’s New Money Signature

On January 10, 2013, President Obama nominated Lew for the position of Secretary of the Treasury.[2] The nomination became the subject of some humorous commentary, due to Lew’s unusual loopy signature, which would appear on all U.S. paper currency for the duration of his tenure;[44] the signature generated enough media attention that Obama joked at a press conference that he had considered rescinding his nomination when he learned of it.[45] Lew later adopted a more conventional signature for currency.[46] The Senate Finance Committee held confirmation hearings for Lew on February 13, 2013, and approved his nomination 19–5 on February 26, 2013, sending his nomination to the full Senate.[47]

During his confirmation hearings before the Senate Finance Committee, Senator Chuck Grassley expressed concern that Lew did not know what Ugland House was, though he had invested in it.[48] During his work at Citigroup, Lew had invested heavily in funds in Ugland House while he worked as an investment banker at Citigroup during the 2008 financial meltdown.[49] He had taken advantage of current tax law and his financial allocation in the venture resulted in Lew taking roughly a 2.8% loss, a $1,582 decrease in his investment principal.[50]

On February 27, 2013, the full Senate voted and approved Lew for Secretary of the Treasury 71–26. He was sworn into office on February 28.[51]

Religion

Lew is an Orthodox Jew who observes the Jewish Sabbath [52][53] and attends Congregation Beth Sholom.[54]

Interviewed in a 2010 article, Lew’s former boss on the National Security Council, Sandy Berger, commented that “Lew’s faith never got in the way of performing his duties.”[52] Berger also said that Lew’s commitment to his family was also extremely important, but that Lew “was able to balance the requirements, which was very, very hard – and he was determined to observe his religious traditions.”[52]

A 2011 press release from the Religion News Service noted that Lew also “has extensive connections in the American Jewish community,” and that he might be able to help President Obama “build a more friendly rapport” with Israeli Prime Minister Benjamin Netanyahu.[55]

References

  1. ^ Jump up to: a b c Cook, Nancy (9 January 2013). “Jack Lew: The Man Who Could Save Obama’s Legacy”. National Journal. Retrieved 14 January 2013.
  2. ^ Jump up to: a b Jackie Calmes (January 10, 2013). “Lew Would Complete Transformation of Obama’s Economic Team”. The New York Times. Retrieved January 10, 2013.
  3. Jump up ^ “Homecoming”. whitehouse.gov. June 27, 2011.
  4. Jump up ^ “Trusted Aide to Obama Faces Test in Budget Showdown”. nytimes.com. December 1, 2012.
  5. Jump up ^ Luke Johnson Jack Lew Biography: Meet The New White House Chief Of Staff January 9, 2012 Huffington Post
  6. Jump up ^ “Biographical information on Jack Lew”. online.wallstreetjournal.com. January 9, 2012.
  7. Jump up ^ “Incoming White House Chief of Staff Jack Lew like Rahm sans %@#!”. thehill.com. January 12, 2012.
  8. Jump up ^ “Biographical information on Jack Lew”. seattletimes.com. January 9, 2012.
  9. Jump up ^ “Van Ness Feldman Congratulates Jack Lew on His Anticipated Nomination to Serve as Head of the White House Office of Management and Budget”. vnf.com. July 13, 2010.
  10. Jump up ^ “Thompson Schedules Nomination Hearing on Jacob J. Lew”. hsgac.senate.gov. Thursday, May 28, 1998.
  11. Jump up ^ “Jacob J. Lew”. nytimes.com. November 15, 2008.
  12. Jump up ^ “OBAMA’S NEW CHIEF OF STAFF THIRD GU ALUMNUS TO SERVE IN POST”. georgetown.edu. January 18, 2012.
  13. Jump up ^ “Lew, Jacob J. “Jack””. January 26, 2012. ourcampaigns.com.
  14. Jump up ^ “The White House Office of the Press Secretary”. Houston, Texas: National Archives and Records Administration. April 14, 1998. Retrieved January 14, 2013.
  15. Jump up ^ “A Look at the New White House Chief of Staff Jack Lew”. news.yahoo.com. January 9, 2012.
  16. Jump up ^ “President Clinton Announces OMB Director Raines’ Departure”. clinton4.nara.gov. April 14, 1998.
  17. Jump up ^ “OMB’s Organization”. clinton3.nara.gov.
  18. Jump up ^ “Nat’l Security Team Additions”. realclearpolitics.blogs.time.com. December 23, 2008.
  19. Jump up ^ Eidelson, Josh. “Jack Lew’s union-busting past”. Salon. Retrieved 10 January 2013.
  20. Jump up ^ http://online.wsj.com/article/SB10001424127887324329204578269821728015016.html
  21. Jump up ^ Kaminer, Ariel. “NYU will cease loans to top employees for second homes”. The New York Times. Retrieved 16 August 2013.
  22. Jump up ^ “Flashback: Lew’s Time at Citi And Other Disappointments”. motherjones.com. January 9, 2012.
  23. Jump up ^ February 2013 “From the Citi to the Caymans”. WSJ News. 12 February 2012.
  24. Jump up ^ Daniel Halper (13 February 2013). “Jack Lew Oversaw Up to 113 Cayman Island Investment Funds”. Weekly Standard. Retrieved 22 February 2013.
  25. Jump up ^ “Director Jack Lew Blogs About CYNY”. cityyearnewyork.wordpress.com. January 18, 2011.
  26. Jump up ^ “White House Chief of Staff Jack Lew to Keynote December 16 Convocation; Stanley Raskas, Moise Safra and Diane Wassner to be Honored”. blogs.yu.edu. November 26, 2012.
  27. Jump up ^ “Obama National Security Team Takes Shape”. National Journal. December 23, 2008. Retrieved July 13, 2010.
  28. Jump up ^ “Obama Names Steinberg, Lew State Department Deputies”. Bloomberg L.P. December 23, 2008. Retrieved February 6, 2011.
  29. Jump up ^ “Senior Officials”. United States Department of State. Retrieved February 6, 2011.
  30. Jump up ^ Long, Emily (July 15, 2009). “State Department launches quadrennial review”. Government Executive. Retrieved February 6, 2011.
  31. Jump up ^ “President Obama Announces His Intent to Nominate Jacob Lew as OMB Director”. http://www.whitehouse.gov. July 13, 2010.
  32. Jump up ^ http://www.huffingtonpost.com/2010/09/21/obama-nominee-jacob-lew-f_n_732594.html
  33. Jump up ^ “Matt Taibbi & Bill Black: Obama’s New Treasury Secretary a ‘Failure of Epic Proportions'”. http://www.alternet.org. January 11, 2013.
  34. Jump up ^ Wasson, Erik (2011-02-14). “Obama 2012 budget proposes $1.1T deficit cut over next decade”. Thehill.com. Retrieved 2012-11-14.
  35. Jump up ^ “Obama’s OMB Channels its Inner Tea Party”. http://neweconomicperspectives.org/. December 27, 2012.
  36. Jump up ^ “The 2012 Budget”. huffingtonpost.com. February 14, 2011. Retrieved January 7, 2013.
  37. Jump up ^ “Obama chief of staff Bill Daley steps down, budget chief Jack Lew steps up”. Cbsnews.com. 2012-01-09. Retrieved 2012-11-14.
  38. Jump up ^ “The new WH Chief of Staff and Citigroup”. salon.com. January 10, 2012. Retrieved January 7, 2013.
  39. Jump up ^ “Are These Examples of Washington Corruption?”. cato.org. Retrieved January 7, 2013.
  40. Jump up ^ “OMB nominee got $900,000 after Citigroup bailout”. washingtontimes.com. July 28, 2010. Retrieved January 7, 2013.
  41. Jump up ^ “Advisers’ Citigroup Ties Raise Questions”. nytimes.com. Retrieved January 7, 2013.
  42. Jump up ^ “BUSTED: Obama’s New Budget Chief Got A $900K Bonus From Citigroup After It Got A Bailout”. businessinsider.com. July 29, 2010. Retrieved January 7, 2013.
  43. Jump up ^ “Citigroup Inc.”. nytimes.com. December 5, 2012. Retrieved January 7, 2013.
  44. Jump up ^ “Likely Treasury Secretary Under Fire for Signature”. abcnews.go.com. January 9, 2013. Retrieved January 9, 2013.
  45. Jump up ^ Rachel Weiner (January 10, 2013). “Obama mocks Lew’s signature”. washingtonpost.com. Retrieved January 10, 2013.
  46. Jump up ^ Goldfarb, Zachary A. (June 18, 2013). “Treasury Secretary Jack Lew unveils new signature after quibbles with his scribble”. The Washington Post (The Washington Post Company). Retrieved July 29, 2013.
  47. Jump up ^ http://www.politico.com/story/2013/02/senate-finance-approves-jack-lew-nomination-for-treasury-88091.html?hp=r1
  48. Jump up ^ “Grassley Says Lew’s Ignorance of Ugland House ‘Does not Build Confidence'”. Tax Notes Today. February 13, 2013. p. 2013 TNT 31-26. Missing or empty |url= (help); |accessdate= requires |url= (help)
  49. Jump up ^ “From the Citi to the Caymans”. WSJ News. February 12, 2012. Retrieved February 21, 2013.
  50. Jump up ^ Timothy W. Coleman (February 16, 2013). “Politically inconvenient taxation”. Washington Times Communities. Retrieved February 18, 2013.
  51. Jump up ^ “Jack Lew Gets Enough Senate Votes to Be Confirmed as Treasury Secretary”. CNBC. Retrieved 27 February 2013.
  52. ^ Jump up to: a b c Wagner, Ellis, White House Correspondent, “Clinton’s Budget Brain Returning to OMB Helm,” Politics Daily, July 16, 2010, retrieved February 5, 2012.
  53. Jump up ^ “Obama names Jack Lew new chief of staff”. Ynetnews. Retrieved January 9, 2012.
  54. Jump up ^ Donn, Yochonon “Jack Lew: Liberal Jew, White House’s First ‘Gabbai'” Hamodia, retrieved January 3, 2013.
  55. Jump up ^ Gibson, David, “New White House Staffers, Cecille Munoz and Jacob Lew, Have Strategic Catholic, Jewish Ties,” Religion News Service, January 10, 2012, retrieved February 5, 2012.

External links

Wikimedia Commons has media related to Jacob Lew.

http://en.wikipedia.org/wiki/Jack_Lew

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In Four Years Barack Obama Bankrupts American People With $5 Trillion In Budget Deficits and Increased Debt–Fiscal Year 2013 Budget Dead On Arrival–Videos

Posted on February 11, 2012. Filed under: Banking, Blogroll, Books, Business, College, Communications, Economics, Education, Employment, Energy, Federal Government, Federal Government Budget, Fiscal Policy, Food, Foreign Policy, government, government spending, Health Care, Immigration, Inflation, Investments, Language, Law, liberty, Life, Links, Macroeconomics, Monetary Policy, People, Philosophy, Politics, Public Sector, Rants, Raves, Talk Radio, Tax Policy, Taxes, Technology, Unemployment, Unions, Video, War, Wealth, Wisdom | Tags: , , , , , , , , , , |

http://www.federalbudget.com

BUDGET OF THE UNITED STATES GOVERNMENT

Issued by the Office of Management and Budget (OMB), the Budget of the United States Government is a collection of documents that contains the budget message of the President, information about the President’s budget proposals for a given fiscal year, and other budgetary publications that have been issued throughout the fiscal year. Other related and supporting budget publications are included, which may vary from year to year. About the Budget of the United States Government

GPO has signed and certified the PDF files to assure users that the online documents are official and authentic. The digitally signed PDF files should be viewed using Adobe Acrobat or Reader version 7.0 or higher. Download the most recent version of Adobe Acrobat Reader.

U.S Debt Clock Real Time

http://www.usdebtclock.org/

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Monday Hangover: Obama’s Budget ‘Fictitious Dream’

Top 15 Holders of US Public DEBT – Whom does the US owe?

National Debt- How Much Is A Billion Dollars? Dave Walker

What Does A Trillion Dollars Look Like?

David Walker – America at a Crossroads

Ron Paul Interview On The Kudlow Report (1-30-12)

Ron Paul Highlights at the Thanksgiving Family Forum (Family Leader Debate)

They tell Us that Ron Paul is a Lunatic?

 
Here is what we are told that a lunatic wants:
Obeying The Constitution- keeping the oath the every President swears
Sound money
Freedom, liberty, and justice for All
Peace
No Wars Unless We are Attacked, and then only when Congress declares war.
Protecting Our Own Borders
End the Income Tax
No Entangling Alliances
Minding our own business
Keeping our money at home to take care of our own needs.
Decrease our militarism in other countries. Stop conquest and nation building.
HERE IS WHAT ALL THE OTHER “SANE” CANDIDATES WANT:
United Nations resolutions, Agenda 21, NAFTA, World Trade Organization.
Indefinite detention of American citizens; without a charge, trial, or a lawyer.
Federal Reserve printing unlimited fiat paper money
Debt
Government control over everything
Government regulation of every aspect of life.
CONTINUOUS UNDECLARED WARS
Protecting Borders in other countries, but not our own.
HIGH Taxes of all types.
Entangling Alliances, Global Governance
Policing the world
Borrowing money from big dictatorships, and then giving it away to small dictatorships.
Build a military base and colony on the moon, and make the moon the 51st state.

Ron Paul . I will cut $1 Trillion first year as President

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GPO and OMB to Distribute President Obama’s Budget for Fiscal Year 2013

Friday, February 10, 2012

Press release from the issuing company

WHAT:
The U.S. Government Printing Office (GPO) and the Office of Management and Budget (OMB) are releasing President Barack Obama’s Budget for the U.S. Government, FY 2013. Printed copies are available through GPO’s retail and online bookstore. The Budget is also available electronically on GPO’s Federal Digital System (FDsys) www.fdsys.gov.

WHEN:
Monday, February 13, 2012 11:15 a.m. EST

WHERE:
U.S. Government Printing Office 710 North Capitol Street, NW (GPO Bookstore Entrance) Washington, D.C. 20401 (North Capitol and G Streets)

COST:
Hard copies of the Budget may be purchased through GPO’s retail and online bookstore. There will be no complimentary hard copies for the media.

American Express, Visa, MC, Discover are accepted. Please make checks payable to Superintendent of Documents. Orders may also be placed online: http://bookstore.gpo.gov/collections/budget.jsp

Budget of the U.S. Government $39
Budget Appendix $76
Analytical Perspectives $53
Historical Tables $50
CD-ROM $27

ONLINE:
The authentic online version will be available through a direct link on GPO’s Federal Digital System (FDsys) after 11:15 a.m. EST. www.fdsys.gov

http://whattheythink.com/news/56184-gpo-omb-distribute-president-obamas-budget-fiscal-year-2013/

Obama’s 2013 budget proposal launches election-year debate

By Lori Montgomery,

“…President Obama will send Congress a 2013 spending plan that would raise taxes on the rich and pump nearly $500 billion into new transportation projects over the next decade, launching an election-year debate over the budget that promises starkly different visions for managing government debt and the sluggish economy.As they prepare to face voters in November, neither the president nor congressional Republicans are expected to roll out many new or potentially painful prescriptions for slowing the rise of the $15 trillion national debt. After failing repeatedly last year to forge a bipartisan consensus, few in either party see much point in trying again now.

1638

Instead, Obama will on Monday reprise recommendations he unveiled last fall that seek to reduce borrowing by more than $3 trillion over the next decade while spending more in the short term to bring down persistently high unemployment.

The president’s blueprint calls for reductions in spending on federal health programs and the military, a small raise for federal workers and more than $1.5 trillion in new taxes on corporations, hedge-fund managers and the wealthy, in part through the expiration of the George W. Bush-era tax cuts on annual incomes of more than $250,000.

Obama also has called for changes to the tax code that would require households earning more than $1 million a year to pay at least 30 percent of their income in federal taxes, but senior administration officials said Friday that the blueprint will provide no additional details on how such a levy would be structured.

To achieve his debt-reduction goal, Obama would rely on an accounting maneuver that permits him to claim about $850 billion in savings over the next decade by ending the wars in Iraq and Afghanistan, a move Republicans have rejected as a gimmick. Obama would use a portion of those savings to finance new road and rail projects, rather than dedicating the full sum to lower deficits.

Obama’s budget also calls for new investments in education, manufacturing and federal research and development, and it would devote an additional $350 billion to boosting economic growth. That sum includes extending a temporary payroll tax holiday and emergency unemployment benefits through the end of the year. Both are scheduled to expire at the end of this month and are currently the focus of intense debate in Congress.

The president’s plan would push this year’s deficit above current projections, with the budget gap growing to $1.33 trillion — slightly higher than last year’s $1.3 trillion deficit and $200 billion more than congressional budget analysts recently projected for the fiscal year that ends in September.

The deficit would fall to $900 billion in 2013, and government borrowing would continue to slow through 2022, leaving the debt elevated by historic standards but no longer growing faster than the overall economy. …”

http://www.washingtonpost.com/business/economy/obamas-2013-budget-proposal-looks-to-tame-national-debt/2012/02/10/gIQALfaC5Q_story.html?tid=pm_business_pop

2013 United States federal budget

2013 Budget of the United States federal government
‹ 2012 ·  · 2014 ›
Submitted February 13, 2012 (expected)[1]
Submitted by Barack Obama
Submitted to 112th Congress
Total revenue $2.964 trillion (projected)[2]
Total expenditures $3.693 trillion (projected)[2]

“…The United States federal budget request for government operations in fiscal year 2013 (October 2012–September 2013) is expected to be submitted by President Barack Obama in February 2012, according to the budget process. The actual appropriations for fiscal year 2013 must be authorized by the full Congress before the budget can take effect. Under current law, the Budget Control Act of 2011 mandates caps on discretionary spending levels. In addition, several temporary tax cuts are currently scheduled to expire at the beginning of the 2013 calendar year, including the Bush tax cuts on income and capital gains taxes, and cuts to the estate tax, due to the expiration of provisions of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010.

History

 Implications of the Budget Control Act

The Budget Control Act of 2011 was passed in August 2011 as a resolution to the debt-ceiling crisis. The fiscal year (FY) 2013 budget is the first to be affected by the second of two rounds of budget cuts specified in the act. (The first round of cuts has already been applied to the ten years beginning in FY2012.) For this second round of cuts, the Budget Control Act had formed the United States Congress Joint Select Committee on Deficit Reduction, sometimes referred to as the “supercommittee”, to identify at least $1.2 trillion in cuts over the ten years beginning with FY2013, and specified automatic across-the-board cuts if no such budget reduction legislation was passed by Congress.[3]

On November 21, 2011, the Joint Select Committee on Deficit Reduction announced that it did not reach a deal on the budget-cutting legislation, raising the possibility that the automatic cuts would be activated if the full Congress could not enact its own deficit reduction legislation by December 23, 2011. The supercommittee’s lack of an agreement was attributed to the refusal of Republicans to consider any tax increases, combined with Democratic insistence on including these revenue increases such as the expiration of the Bush tax cuts, which under current law expire at the end of 2012.[4]

The automatic cuts of $1.2 trillion over ten years would be split equally between security and non-security programs, and include $500 billion in cuts to the Department of Defense. The FY2013 defense budget would be reduced 11%, from $525 billion to $472 billion, after already having been cut from $571 billion in the first installment of cuts in the Budget Control Act. Secretary of Defense Leon Panetta initially gave the total cut figure as 23%.[5] The planned cuts include reductions in troop levels, a modest limit in pay raises for soldiers starting in 2015, an increase in health fees for veterans, delays in the construction of new naval ships and in the purchasing of new fighter aircraft such as the F-35, and the possibility of a round of base closings within the United States, but cuts to special operations, cyberwarfare, and intellegence programs were avoided.[6] Initial reports had also suggested that the number of carrier battle groups might be reduced from 11 to 10,[5] although it was later determined that the number of aircraft carriers would not in fact be cut.[7] Some Republicans in Congress advocated reversing the cuts to the military, citing the effect on national security, and Secretary Panetta has opposed the cuts, calling them “devastating” and raising “substantial risk of not being able to meet our defense needs.” President Obama has promised to veto any legislation seeking to avoid the cuts, and House Speaker John Boehner also indicated his commitment to following the cuts in the Budget Control Act.[4][8]

The Budget Control Act also specifies automatic cuts of 7.8% to domestic programs and 2% to Medicare, while Medicaid and Social Security will be unaffected. These entitlement programs were protected from cuts in return for the absence of new revenues in the Budget Control Act.[9]

The automatic cuts to domestic programs would include cuts of up to 11% to science research and development agencies such as the National Institutes of Health, NASA, and the U. S. National Laboratories run by the Department of Energy. It is anticipated that this could cause federal grant acceptance levels to fall into the single digits, a consequence which has been called catastrophic for academic institutions by Michael Lubell of the American Physical Society. The cuts could also endanger politically controversial research such as climate change research programs in NASA and NOAA.[10] Due to the role of scientific research in economic growth and job creation, and given international competition in this field, the cuts have been opposed by professional and academic organizations, and federal support of research and development has been called “an area of U.S. investment too critical to be cut” by the American Association for the Advancement of Science.[11][12]

 Total revenues and spending

As of September 2011, the Obama administration projected that the FY2013 budget would contain $2.964 trillion in receipts and $3.693 trillion in outlays.[2]

http://en.wikipedia.org/wiki/2013_United_States_federal_budget

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Ron Paul’s Address At 29th Cato Institute’s Monetary Conference And Remarks At Thanksgiving Family Forum–The Reason Ron Paul Will Be Elected President–Video

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Ron Paul- full speech at the CATO Institute

Congressman Ron Paul delivered a speech for the National Association of Home Builders at the 29th Annual Cato Monetary Conference yesterday. The key topics were the US monetary policy and the Federal Reserve.

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First note that unlike President Barack Obama, Congressman Ron Paul is not reading from a telepromter.

Only a individual who truly understands what he is talking about can deliver such a address.

Second, Paul focuses on the key issue, the American people must decide what the functions of federal government should be.

Listen to the speech and learn.

Then support and vote for Ron Paul.

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Debt Ceiling Battle–Tea Party Balanced Budget Constitutional Conservatives vs. Republican Party Unbalanced Budgets Establishment–The Party’s Over–The Piper Must Be Paid–Videos

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Nat King Cole “The Party’s Over”

 

“The budget should be balanced, the Treasury should be refilled, public debt should be reduce, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instread of living on public assistance.”

~Marcus Tullius Cicero

 

“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

U.S. National Debt Clock

http://www.usdebtclock.org/

 

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Geithner Urges Lawmakers to Increase Federal Debt Limit

 

New National Debt Record

 

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Peter Schiff – How the Government can Avoid Default

 

Debt Ceiling Balanced Budget

 

Boehner Floor Speech Opposing the Dems National Debt Limit Hike

 

DeMint Says No Lifting Debt Ceiling Without Cuts Then Can’t Name Any Specifics Besides Earmarks

 

Ron Paul to Congress: Refuse to Raise the Debt Ceiling!

 

Paul Ryan on debt ceiling increase: “A proud moment” for Speaker Pelosi?

 

 

Need for a Limited Government

 

We Must Cut Spending

 

Expert: Republicans Will Raise Debt Ceiling

 

Peter Schiff with Tom Woods – Government Nonsense

 

Bond bubble – with Peter Schiff and Marc Faber Aug 23-2010

 

More debt, please

 

 

END THE FED!

 

 

The Day the Dollar Died

 

 

 

The tea party movement wants constitutional government of limited size and scope.

This requires cutting Federal spending and balanced or surplus budgets.

This would require the cutting of Federal spending of over $1,000 billion from the current level of Federal expenditures to balance government revenues and outlays. 

If the budget is not balanced or in deficit with outlays exceeding revenues, then the national debt ceiling must be increased.

If the budget is balanced or outlays equal revenues, then the debt ceiling need not be increased.

If the budget is in surplus or revenues exceed outlays, then the debt ceiling can be lowered.

Yet the Republican Party is already talking about spending cuts of only $100 billion and a level of government outlays of 2008 which would mean an unbalanced budget or budget deficits and more debt.

Paul Ryan Says U.S. Will Avoid Defaulting on Debt

 

A $100 billion cut in spending is simply a joke when a balanced budget would require cuts of over $1,000 billion.

With estimated tax revenues of about $2,600 billion the budget for Fiscal Year 2011 needs to be cut by more than $1,000 billion dollars.

The tea party is already being sold out by the Republican Party establishment in Washington D.C.

Any Republican who votes for raising the debt ceiling is voting for more government budget deficits and more debt to make up the shortfall in tax revenues.

In other words these Republicans are not in favor of Constitutional limited government but business as usual.

Either vote for balanced budgets now or face defeat in November 2012.

Dan Mitchel with Cavuto if the Republicans won’t cut spending run them out of town

The real alternative to defaulting on the national debt is  cuts in Federal government spending levels that balance the budget.

The tea party movement wants Federal government spending to be cut and the debt ceiling to remain the same and eventually lowered.

Start closing Federal Departments and terminating Federal government employees.

The American people have had enough of both political parties out of control government spending and month after month of deficits spending and a rising national debt.

The Federal Government can avoid defaulting on the debt by immediately terminating Federal Government employees.

Where do make the cuts in spending?

How limited in size and scope  should the constitutional  republic of the United States be:

Milton Friedman on Libertarianism 

 

Lew Uhler on Responsible Government Spending 01

 

Lew Uhler – Cut the Size of Washington 02 SD

 

Lew Uhler – Right Size of Government 03 SD

 

 

Controlling Leviathan: The Battle for Limited Government

 

Eight Reasons Why Big Government Hurts Economic Growth

 

The Optimum Size of Government

 

Optimal Size of Government Conference, Volume 1

 

Optimal Size of Government Conference, Volume 2

 

Start by closing permanently the following Federal Departments:

1. Department of Agriculture

2. Department of Commerce

3. Department of Education

4. Department of Energy

5. Department of Health and Human Resources

6. Department of Housing and Urban Development

7. Department of Interior

8. Department of Labor

9. Department of Transportation

10. Department of Veteran Affairs.

Have ten up and down votes in the House of Representatives for closing these Federal Departments by the end of the Fiscal Year 2011 on September 30, 2011.

The ruling class of both political parties having been fiscally irresponsible for decades.

The American people have put the political  elites on notice, cut spending, balance the budget and no more hikes in the national debt ceiling.

Shut the Federal government down or the American people will shut you down by voting you out of office.

Ron Paul and Rand Paul are right.

Government spending should be limited by the amount of tax revenues that are collected.

There must be a balanced budget rule that says that the total budget for a fiscal year cannot exceed the revenue collected in the previous fiscal year or the estimated tax revenues for the current year, which ever is lower.

No balanced budget rule, then no debt ceiling raise.

Congress does not need to raise the debt ceiling.

Congress needs to start cutting spending starting now.

If the means closing entire Federal Department so be.

The Republican establishment point of view is represented by former Senator Santorum.

Santorum on Debt Ceiling, Spending Cuts

The tea party movement point of view is represented by Michele Bachmann with a proposed $450 billion in Federal spending for the current budget year compared to Paul Ryan and the Republican Party leadership proposal of $50 to $100 billion.

Confronting Reckless Federal Spending

Actually over $1,000 billion needs to be cut to have a balanced budget, which means everything including Defense and entitlement needs to be cut.

The American people are way head of both political parties and big media as to what needs to be done. 

What is irresponsible is both political parties have been increasing the debt ceiling for decades.

Enough is enough.

If the current members of Congress cannot do the job, the tea party movement will find others who will cut spending by closing Federal Departments, agencies and reform entitlement programs such as Social Security and Medicare.

Start sending out the pink slip or termination of employment notices–downsize the Federal Government now.

If President Obama refuses to have the Federal Government operate on tax revenues only, then President Obama will be the person blamed for forcing the Federal Government into default on its Treasury obligations.

Refuse to Raise The Debt Ceiling!

The party is over! The piper must be paid.

 

Doris Day sings The Party’s Over

The party’s over
It’s time to call it day
They’ve burst your pretty balloon
And taken the moon away

It’s time to wind up
The masquerade
Just make your mind up
The piper must be paid

The party’s over
The candles flicker and dim
You danced and dream
Through the night
It seemed to be right
Just being with him

Now you must wake up
All my dreams must end
Take off your makeup
The party’s over
It’s all over, my friend

Now you must wake up
All my dreams must end
Take off your makeup
The party’s over
It’s all over, my friend

Background Articles and Videos

 

Quantitative Easing and Unemployment

 

 Tom Woods Smashes Central Bank Dogma on Freedom Watch 12/21/10

Debt Ceiling

“…The Second Liberty Bond Act of 1917 established a statutory limit on federal debt.[96] Congress had previously approved each debt issuance separately. The debt limit provided the U.S. Treasury with more leeway in the administration of debt, allowing for modern management techniques in government finance.

The U.S. Treasury Department now conducts more than 200 sales of debt by auction every year. The Treasury has been granted authority by Congress to issue such debt as was needed to fund government operations as long as the total debt (excepting some small special classes) does not exceed a stated ceiling.

The most recent increase in the U.S. debt ceiling to $14.3 trillion by H.J.Res. 45 was signed into law on February 12, 2010.[97]

Date Debt Ceiling Change in Debt Ceiling
June 25, 1940 $49,000,000,000 [98]  
February 19, 1941 $65,000,000,000 $16,000,000,000
March 28, 1942 $125,000,000,000 $60,000,000,000
April 11, 1943 $210,000,000,000 $85,000,000,000
June 9, 1944 $260,000,000,000 $50,000,000,000
April 3, 1945 $300,000,000,000 $40,000,000,000
June 26, 1946 $275,000,000,000 -$25,000,000,000
August 28, 1954 $281,000,000,000 $6,000,000,000
July 9, 1956 $275,000,000,000 -$6,000,000,000
February 26, 1958 $280,000,000,000 $5,000,000,000
September 2, 1958 $288,000,000,000 $8,000,000,000
June 30, 1959 $295,000,000,000 $7,000,000,000
June 30, 1960 $293,000,000,000 -$2,000,000,000
June 30, 1961 $298,000,000,000 [99] $5,000,000,000
July 1, 1962 $308,000,000,000 $10,000,000,000
March 31, 1963 $305,000,000,000 -$3,000,000,000
June 25, 1963 $300,000,000,000 -$5,000,000,000
June 30, 1963 $307,000,000,000 $7,000,000,000
August 31, 1963 $309,000,000,000 $2,000,000,000
November 26, 1963 $315,000,000,000 $6,000,000,000
June 29, 1964 $324,000,000,000 $9,000,000,000
June 24, 1965 $328,000,000,000 $4,000,000,000
June 24, 1966 $330,000,000,000 $2,000,000,000
March 2, 1967 $336,000,000,000 $6,000,000,000
June 30, 1967 $358,000,000,000 $22,000,000,000
June 1, 1968 $365,000,000,000 $7,000,000,000
April 7, 1969 $377,000,000,000 $12,000,000,000
June 30, 1970 $395,000,000,000 $18,000,000,000
March 17, 1971 $430,000,000,000 $35,000,000,000
March 15, 1972 $450,000,000,000 [100] $20,000,000,000
October 27, 1972 $465,000,000,000 $15,000,000,000
June 30, 1974 $495,000,000,000 $30,000,000,000
February 19, 1975 $577,000,000,000 $82,000,000,000
November 14, 1975 $595,000,000,000 $18,000,000,000
March 15, 1976 $627,000,000,000 $32,000,000,000
June 30, 1976 $636,000,000,000 $9,000,000,000
September 30, 1976 $682,000,000,000 $46,000,000,000
April 1, 1977 $700,000,000,000 $18,000,000,000
October 4, 1977 $752,000,000,000 $52,000,000,000
August 3, 1978 $798,000,000,000 $46,000,000,000
April 2, 1979 $830,000,000,000 $32,000,000,000
September 29, 1979 $879,000,000,000 [101] $49,000,000,000
June 28, 1980 $925,000,000,000 $46,000,000,000
December 19, 1980 $935,000,000,000 $10,000,000,000
February 7, 1981 $985,000,000,000 $50,000,000,000
September 30, 1981 $1,079,000,000,000 $94,000,000,000
June 28, 1982 $1,143,000,000,000 $64,000,000,000
September 30, 1982 $1,290,200,000,000 $147,200,000,000
May 26, 1983 $1,389,000,000,000 $98,800,000,000
November 21, 1983 $1,490,000,000,000 $101,000,000,000
May 25, 1984 $1,520,000,000,000 $30,000,000,000
June 6, 1984 $1,573,000,000,000 $53,000,000,000
October 13, 1984 $1,823,000,000,000 $250,000,000,000
November 14, 1985 $1,903,800,000,000 $80,800,000,000
December 12, 1985 $2,078,700,000,000 $174,900,000,000
August 21, 1986 $2,111,000,000,000 $32,300,000,000
October 21, 1986 $2,300,000,000,000 $189,000,000,000
May 15, 1987 $2,320,000,000,000 [102] $20,000,000,000
August 10, 1987 $2,352,000,000,000 $32,000,000,000
September 29, 1987 $2,800,000,000,000 $448,000,000,000
August 7, 1989 $2,870,000,000,000 $70,000,000,000
November 8, 1989 $3,122,700,000,000 $252,700,000,000
August 9, 1990 $3,195,000,000,000 $72,300,000,000
October 28, 1990 $3,230,000,000,000 $35,000,000,000
November 5, 1990 $4,145,000,000,000 $915,000,000,000
April 6, 1993 $4,370,000,000,000 $225,000,000,000
August 10, 1993 $4,900,000,000,000 $530,000,000,000
March 29, 1996 $5,500,000,000,000 $600,000,000,000
August 5, 1997 $5,950,000,000,000 $450,000,000,000
June 11, 2002 $6,400,000,000,000 [103] $450,000,000,000
May 27, 2003 $7,384,000,000,000 [104] $984,000,000,000
November 16, 2004 $8,184,000,000,000 [105] $800,000,000,000
March 20, 2006 $8,965,000,000,000 [106] $781,000,000,000
September 29, 2007 $9,815,000,000,000 [107] $850,000,000,000
June 5, 2008 $10,615,000,000,000 [108] $800,000,000,000
October 3, 2008 $11,315,000,000,000 [109] $700,000,000,000
February 17, 2009 $12,104,000,000,000 [110] $789,000,000,000
December 24, 2009 $12,394,000,000,000 [111] $290,000,000,000
February 12, 2010 $14,294,000,000,000 [112] $1,900,000,000,000

http://en.wikipedia.org/wiki/United_States_public_debt

The Party’s Over by Johnny Mathis

Read Full Post | Make a Comment ( None so far )

Do Not Raise The National Debt Ceiling–Balance Budgets Or Surplus Budgets Only!–Videos

Posted on January 3, 2011. Filed under: Banking, Blogroll, Demographics, Economics, Employment, Fiscal Policy, Monetary Policy, Money, Video, Wisdom | Tags: , , , , , , |

U.S. Debt Clock

http://www.usdebtclock.org/

 

Any Given Sunday Al Pacino Pre-Game Speech

 

Glenn Beck Part 1 – New Blood Makes Conservatives Look Like Moderates 1/3/2010

 

Glenn Beck Part 2 – New Blood Makes Conservatives Look Like Moderates 1/3/2010

 

It’s Simple to Balance The Budget Without Higher Taxes

 

Spend only what comes in as tax revenue–no more budget deficits or increases in the national debt.

Better yet spend only 80% of last year’s tax revenues and use the balance to reduce the national debt.

Replace current Federal taxes with the FairTax.

The FairTax: It’s Time

Close ten Federal Departments.

Both political parties better wake up to the fact that the American people want and demand fiscal responsibility and the limiting the size and scope of the Federal government. 

 

Related Posts On Pronk Palisades

Tea Party Deficit Spending Video Vigilantes: Republicans and Democrats Either Cut Federal Spending By $1,000 Billion Per Budget Year Or Lose in 2012!

Tea Party Movement Expects Republican Party To Balance The Budget By Cutting Spending Now!

Dan Mitchell–Videos

Heritage Foundation 2010 Budget Charts–Federal Spending

Heritage Foundation 2010 Budget Charts–Federal Revenue

Heritage Foundation 2010 Budget Charts–Federal Debt and Deficits

Heritage Foundation 2010 Budget Charts–Federal Entitlements

Read Full Post | Make a Comment ( None so far )

Saving Entitlements By Eliminating Most Federal Departments Or Eliminating Entitlements And Saving Federal Departments Or Drastically Cutting Both Departments and Entitlements–The American People Must Decide Now!

Posted on June 8, 2010. Filed under: Blogroll, Communications, Economics, Employment, Federal Government, Fiscal Policy, Foreign Policy, government, government spending, Health Care, history, Immigration, Investments, Language, Law, liberty, Life, Links, media, Medicine, Monetary Policy, People, Philosophy, Politics, Raves, Resources, Security, Taxes, Video, Wisdom | Tags: , , , , , |

Tom Woods – entitlements

Background Articles and Videos

Entitlements: Social Security, Medicare Medicaid

Federal Spending

Federal Revenue and Taxes

Budget Deficits

Related Posts On Pronk Palisades

Heritage Foundation 2010 Budget Charts–Federal Entitlements

Heritage Foundation 2010 Budget Charts–Federal Spending

Heritage Foundation 2010 Budget Charts–Federal Revenue

Heritage Foundation 2010 Budget Charts–Federal Debt and Deficits

Read Full Post | Make a Comment ( None so far )

Glenn Beck–The Plan And The Problem: Unfunded Medicare and Social Security Entitlement Obligations–Videos

Posted on April 13, 2010. Filed under: Blogroll, Communications, Culture, Economics, Employment, Fiscal Policy, government, government spending, Immigration, Investments, Language, Law, liberty, Life, Monetary Policy, People, Philosophy, Politics, Psychology, Quotations, Rants, Raves, Regulations, Science, Security, Strategy, Taxes, Uncategorized, Video, War, Wisdom | Tags: , , , , , , , , , , |

U.S National Debt Clock

http://www.usdebtclock.org/

 

Glenn Beck-04-13-10-A

 

Glenn Beck-04-13-10-B

Glenn Beck-04-13-10-C

Glenn Beck-04-13-10-D

The Heritage Foundation: 2010 Budget Chart Book

http://www.heritage.org/budgetchartbook/

 

 

 

 

 

Paul Ryan-Obama Proposed Debt Will Literally Crash the Economy

The Roadmap Plan

 

“…Unfunded Liabilities. Another way of viewing the government’s disastrous budgetary situation is by looking at its fiscal position the way a private company would. To do so, analysts focus on the “unfunded liabilities” of the Federal Government’s major benefit programs. These liabilities reflect the excess of projected spending in these programs over the amount of revenue currently estimated to be available for them.

The problem is most acute in Medicare. Like Social Security, Medicare faces the daunting demographic challenge of supporting the baby boomers as they retire. But its much larger problem is that of medical costs, which are rising at roughly double the rate of growth in the economy. Today Medicare has an unfunded liability of $38 trillion over the next 75 years (see Figure 1). This means that the Federal Government would have to set aside $38 trillion today to cover future benefits for the three generations of Americans: retirees, workers, and children. This translates to a burden of about $335,350 per U.S. household. Moreover, the problem worsens rapidly: in just the next 5 years, by 2014, Medicare’s unfunded liability is projected to grow to $52 trillion – or about $458,900 per household.

When Social Security and Medicare are taken together, the total unfunded liability is
$43 trillion, or about $379,475 per household (see Figure 2). In the next
5 years, that total will grow to $57 trillion, or $500,414 per household.

Without fundamental changes, the government would have to finance these obligations with higher taxes, higher debt, or a combination of the two. Either way, the results would be crippling for the U.S. economy: they would entail shifting unprecedented amounts of economic resources away from growth-generating activities of the private sector: …”

http://www.roadmap.republicans.budget.house.gov/plan/

 

Background Articles and Videos

 

Milton Friedman – The Social Security Myth

 

 

Milton Friedman – The Great Depression Myth

Milton Friedman – The Robber Baron Myth

 

 

Milton Friedman – Socialized Medicine

Lesson 1 National Debt & Budget Deficit Explained

Inhofe Forces Vote on Fiscal Responsibility

“… U.S. Sen. Jim Inhofe (R-Okla.), National Journal magazines top-ranked Senate Conservative, today posed a choice for the U.S. Senate: support reducing the deficit by $1 trillion or support giving President Obama more money to spend on his liberal priorities.

In forcing the Senate to vote on his Honest Expenditure Limitation Program (HELP) Act of 2010 as an amendment to the Federal Aviation Administration Air Modernization and Safety Improvement Act currently moving through the Senate as H.R.1586, he provided an opportunity for Senators to vote for real spending reforms instead of an earmark ban shell game. While Inhofes amendment received bipartisan support, it ultimately failed by a vote of 41-56.

FACTS ABOUT THE HELP ACT * The proposal would freeze discretionary spending at FY08 levels for all non-security appropriations, which exclude Defense, Homeland Security, State, Veterans Administration, and national security functions of Energy. * The spending freeze at the 2008 level would be phased in over 5 years from FY11 to FY15, reducing the cap by an equal percentage each year. From FY15 to FY20, the cap would remain at the FY08 level until the legislation expires at the end of FY20. * The freeze would be enforced through sequestration. Any total non-security appropriations enacted that breach the FY08 cap would be tallied by the Office of Management and Budget and excess amounts above the cap would be rescinded through an across-the-board cut by the Administration (compelled by law). This proposal would ensure that a major portion of the federal budget is subjected to a credible and effective spending restraint. * A 67-vote Point Of Order in the Senate would be triggered by any appropriations bill that causes the total non-security discretionary cap for a Fiscal Year to be breached. It would also be triggered by a provision in any legislation, amendment, or conference report that attempted to legislatively exempt new spending from sequestration. The type of sequestration process this proposal contemplates existed in the 1990s with limited success because Congress would routinely use legislation to exempt new spending from the process. The Point Of Order would make doing so much more difficult. * Spending for overseas military operations would be exempt from the cap. * Using the Obama Administrations own numbers and assumptions, this proposal would save $634 billion more than enacting Obamas proposed spending freeze by 2020, and it would save close to $1 trillion over the same 10 years compared to doing nothing. …”

 

History of Tyranny

Mark Levin – Boston Tea Party

Boston Tea Party

“…The Boston Tea Party was a direct action by colonists in Boston, a town in the British colony of Massachusetts, against the British government. On December 16, 1773, after officials in Boston refused to return three shiploads of taxed tea to Britain, a group of colonists boarded the ships and destroyed the tea by throwing it into Boston Harbor. The incident remains an iconic event of American history, and reference is often made to it in other political protests.

The Tea Party was the culmination of a resistance movement throughout British America against the Tea Act, which had been passed by the British Parliament in 1773. Colonists objected to the Tea Act for a variety of reasons, especially because they believed that it violated their right to be taxed only by their own elected representatives. Protesters had successfully prevented the unloading of taxed tea in three other colonies, but in Boston, embattled Royal Governor Thomas Hutchinson refused to allow the tea to be returned to Britain. He apparently did not expect that the protestors would choose to destroy the tea destroyed tea. Colonists in turn responded to the Coercive Acts with additional acts of protest, and by convening the First Continental Congress, which petitioned the British monarch for repeal of the acts and coordinated colonial resistance to them. The crisis escalated, and the American Revolutionary War began near Boston in 1775. …” 

“…Influence

The Boston Tea Party has often been referenced in other political protests. When Mohandas K. Gandhi led a mass burning of Indian registration cards in South Africa in 1908, a British newspaper compared the event to the Boston Tea Party.[64] When Gandhi met with the British viceroy in 1930 after the Indian salt protest campaign, Gandhi took some duty-free salt from his shawl and said, with a smile, that the salt was “to remind us of the famous Boston Tea Party.”[65]

American activists from a variety of political viewpoints have invoked the Tea Party as a symbol of protest. In 1973, on the 200th anniversary of the Tea Party, a mass meeting at Faneuil Hall called for the impeachment of President Richard Nixon and protested oil companies in the ongoing oil crisis. Afterwards, protesters boarded a replica ship in Boston Harbor, hanged Nixon in effigy, and dumped several empty oil drums into the harbor.[66] In 1998, two conservative US Congressmen put the federal tax code into a chest marked “tea” and dumped it into the harbor.[67]

In 2006, a libertarian political party called the “Boston Tea Party” was founded. In 2007, the Ron Paul “Tea Party” money bomb, held on the 234th anniversary of the Boston Tea Party, broke the one-day fund-raising record by raising $6.04 million in 24 hours.[68]

In early 2009, a series of citizen gatherings called “Tea Parties” began to protest recent increases in government spending, particularly in President Obama’s budget and economic stimulus package.[69][70] One of the first of these was held on April 15, 2009, on Boston Common, just a few blocks from the original Boston Tea Party.[71] …”

http://en.wikipedia.org/wiki/Boston_Tea_Party

 

Paul Ryan talks about progressivism on Glenn Back Radio Show – Part 1 of 2

Paul Ryan talks about progressivism on Glenn Back Radio Show – Part 2 of 2

 

 

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The Glenn Beck Plan vs. The Pronk Palisades Plan of The American Citizens Alliance Party–Videos
 

The American People March on Washington D.C.–August 28, 2010–At The Lincoln Memorial! Mark Your Calendar–Be There–Three Million Minimum–Join The Second American Revolution

Glenn Beck On Prosperity And The Perils of Progressivism

A Common Sense Political Agenda For A New Conservative and Libertarian Party: American Citizens Alliance Party (ACAP)–A CAP On Government Spending, Taxes, Debt and Regulations!

A New Political Party In The United States? American Citizens Alliance Party–ACAP On Government Spending, Taxes, Debt, and Regulations!

Third Party Time? Yes Provided You Have $10 Billion and 10 Years!

 

Cloward Piven

The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence, Spending, Deficits, Debts, Taxes And Regulations!

Cloward Piven Strategy–The Crisis Strategy Of Barack Obama

President Obama’s Cloward-Piven Strategy of Controlled Crisis Creation Crippling Capitalism–Coup D-Etat On America

 

Read Full Post | Make a Comment ( None so far )

The Glenn Beck Plan vs. The Pronk Plan for A Peace and Prosperity Economy of The American Citizens Alliance Party–Videos

Posted on April 12, 2010. Filed under: Blogroll, Communications, Culture, Demographics, Economics, Education, Fiscal Policy, government, government spending, history, Immigration, Language, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Rants, Raves, Science, Security, Taxes, Technology, Video, War, Wisdom | Tags: , , , , , , , , , , , , |

UPDATED and REVISED July 23, 2011

“…It is a signal advantage of taxes on articles of consumption, that they contain in their own nature a security against excess. They prescribe their own limit; which cannot be exceeded without defeating the end proposed, that is, an extension of the revenue. When applied to this object, the saying is as just as it is witty, that, “in political arithmetic, two and two do not always make four.” If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them….”

~Alexander Hamilton, The Federalist No. 21, The Federalist Papers

“The income tax created more criminals than any other single act of government.”

~Barry Goldwater

http://www.constitution.org/fed/federa21.htm

President Obama’s Pledge Never to Raise Taxes on Anyone Making Less Than $250,000 a Year

President Obama Backs Away From Tax Relief Campaign Promise

Budget 2011: Past Deficits vs. Obama’s Deficits in Pictures

“… The chart above compares the President’s budget deficit projections to the Congressional Budget Office’s budget deficit projections under current law. In other words, the policy changes embodied in President Obama’s 2011 Budget puts our country $2.5 trillion deeper in debt by 2020 than it other wise would be if current law were left unchanged.

Now the President is apparently arguing that his trillions of dollars in additional deficit spending are needed to “invest in areas that will determine our economic success in this new century.”

This is statement goes to the core of the fundamental difference between leftists and conservatives in this country: liberals belief economic growth comes from wise investments by government experts; conservatives believe that economic growth stems from  millions of Americans having the freedom to make their own economic decisions everyday. …”

http://blog.heritage.org/2010/02/05/past-deficits-vs-obamas-deficits-in-pictures

The Beck Plan

Glenn Beck-04-12-10-A

Glenn Beck-04-12-10-B

Glenn Beck-04-12-10-C

Glenn Beck-04-12-10-D

Each month approximately 100,000 people enter the civilian labor force in the United States for the first time.

Thus in order for the official unemployment rate (U-3) to remain constant, at least 100,000 new jobs must be created each month.

In order to reduce the official unemployment rate (U-3) more than 100,000 new jobs need to be created each month.

Since the economy entered the recession in 2008, over 7,000,000 jobs have been lost in the United States.

In order to get the unemployment rate back to pre-recession levels of 5.0% or under,  it will take at least 24 months provided about 200,000 new jobs are created each month in addition to the 100,000 for new entrants into the labor market or a total of 300,000 new jobs each month.

While  U.S. economic growth may be positive, the economy or more precisely small and medium size businesses are still not hiring at anywhere near 300,000 per month.

The actual rate of job creation by the private sector or businesses is under 100,000 new jobs per month.

The actual rate of unemployment measured by U-6 is 16.9% and indicates how bad the job situation actually is:

Why?

Business owners and consumers lack confidence in the economic policies of President Barack Obama.

Instead of restraining entitlement programs, President Obama expanded them with the passage of his Obama Care law:

President Obama’s Health Care bill with its mandatory requirement to buy a plan or pay a tax/ fine, proposed tax increases such as the cap and trade energy tax, proposed income tax rate increases, letting the Bush tax rates expire at the end of 2010, and giving hints of a new value added tax, all discourage small businesses from expanding their operations and hiring new workers.

These tax increase are directed at the top 5% of taxpayers who are the very owners of businesses that create wealth,  new jobs and grow the economy.

 Summary of Federal Individual Income Tax Data, 2008

(Updated October 2010)

Number of Returns with Positive AGI AGI ($ millions) Income Taxes Paid ($ millions) Group’s Share of Total AGI Group’s Share of Income Taxes Income Split Point Average Tax Rate
All Taxpayers 139,960,580 8,426,625 1,031,512 100% 100% 12.24%
Top 1% 1,399,606 1,685,472 392,149 20.00% 38.02% $380,354 23.27%
1-5% 5,598,423 1,241,229 213,569 14.73% 20.70% 17.21%
Top 5% 6,998,029 2,926,701 605,718 34.73% 58.72% $159,619 20.70%
5-10% 6,998,029 929,761 115,703 11.03% 11.22% 12.44%
Top 10% 13,996,058 3,856,462 721,421 45.77% 69.94% $113,799 18.71%
10-25% 20,994,087 1,821,717 169,193 21.62% 16.40% 9.29%
Top 25% 34,990,145 5,678,179 890,614 67.38% 86.34% $67,280 15.68%
25-50% 34,990,145 1,673,932 113,025 19.86% 10.96% 6.75%
Top 50% 69,980,290 7,352,111 1,003,639 87.25% 97.30% >$33,048 13.65%
Bottom 50% 69,980,290 1,074,514 27,873 12.75% 2.70% <$33,048 2.59%
Source: Internal Revenue Service

http://www.taxfoundation.org/news/show/250.html#Data

Summary of Federal Individual Income Tax Data, 2007

(Updated July 2009)

Number of Returns with Positive AGI AGI
($ millions)
Income Taxes Paid
($ millions)
Group’s Share of Total AGI Group’s Share of Income Taxes Income Split Point Average Tax Rate
All Taxpayers 141,070,971 $8,798,500 $1,115,504 100% 100% 12.68%
Top 1% 1,410,710 $2,008,259 $450,926 22.83% 40.42% > $410,096 22.45%
Top 2-5% 5,642,839 $1,286,283 $225,367 14.62% 20.20% 17.52%
Top 5% 7,053,549 $3,294,542 $676,293 37.44% 60.63% > $160,041 20.53%
Top 6-10% 7,053,548 $933,297 $118,139 10.61% 10.59% 12.66%
Top 10% 14,107,097 $4,227,839 $794,432 48.05% 71.22% > $113,018 18.79%
Top 11-25% 21,160,646 $1,817,515 $171,443 20.66% 15.37% 9.43%
Top 25% 35,267,743 $6,045,354 $965,875 68.71% 86.59% > $66,532 15.98%
Top 26-50% 35,267,743 $1,674,859 $117,368 19.04% 10.52% 7.01%
Top 50% 70,535,486 $7,720,213 $1,083,243 87.74% 97.11% > $32,879 14.03%
Bottom 50% 70,535,485 $1,078,287 $32,261 12.26% 2.89% < $32,879 2.99%
Source: Internal Revenue Service

http://www.taxfoundation.org/news/show/250.html

The Top 10 Percent of Income Earners Paid 71 Percent of Federal Income Tax

“…Top earners are the target for new tax increases, but the U.S. tax system is already highly progressive. The top 1 percent of income earners paid 40 percent of all federal income taxes in 2007, while the bottom 50 percent paid only 3 percent. More than one-third of U.S. earners paid no federal income tax at all. …”

(View historical chart by clicking on link below)

http://www.heritage.org/budgetchartbook/top10-percent-income-earners

The government does not create jobs or wealth, the Federal government mainly redistributes wealth by taxing those who actually produce wealth and new jobs.

President Obama’s economic policies and proposed legislation are generating massive uncertainty.

Consumers and business owners do not like uncertainty.

When uncertainty increases, both consumers and businesses postpone consumer expenditures and expanding business operations.

The Obama Depression will last until 2012 with the real unemployment rate (U-6) remaining at or above 15% and the official unemployment rate (U-3) remaining at or above 9% with inflation starting to significantly increase in 2011. Both food and gasoline prices are already increasing.

Forget about the Flat Tax this would still require income tax returns and compliance cost over $300 billion.

Support the FairTax that replaces all Federal taxes including income, payroll, capital gains, gift and estate taxes with a national consumption sales tax.

The FairTax: It’s Time

What is the FairTax?

Q&A on the FAIRTAX pt.2

Tom Wright on the FairTax part 1

Tom Wright on the FairTax part 2

Tom Wright on the FairTax part 3

Tom Wright on the FairTax part 4

Tom Wright on the FairTax part 5

Tom Wright on the FairTax part 6

Tom Wright on the FairTax part 7

Tom Wright On The FairTax–Videos

Obama lied and the economy died.

President Obama is wrecking the economy, destroying jobs and killing the American dream by following a Cloward-Piven strategy that would make tens of millions of Americans dependent upon government.

The American people by a vast majority do not want to be dependent upon government nor do they want the size and scope of the Federal Government expanded.

The American people want to abolish the Federal income, payroll, estate and gift taxes and replace it with a national consumption sales tax–the FairTax.

The American people and business owners do not believe or trust Barack Obama.

The American people are giving President Obama and the progressive radical socialists in Congress and the Senate a vote of no confidence.

The result is a jobless recovery, if not a double dip recession or the Great Obama Depression.

Feldstein Says Risk of Recession Double-Dip Remains

What needs to be done?

The FairTax: It’s Time

Lugar Cosponsors the FairTax

Milton Friedman on Libertarianism (Part 4 of 4)

“If we cannot persuade the public that it is desirable to do these things, we have no right to impose them even if we had the power to do it.”

~ Milton Friedman

The Pronk Plan for A Peace and Prosperity Economy

1. Federal Tax Reform and End The Internal Revenue Service: The FairTax should  replace all Federal taxes and the Internal Revenue Service should be ended with all Internal Revenue records destroyed. A bureau of FairTax Revenues (FTR) would be established in the Department of the Treasury to both send monthly prebates to each American citizen and collect FairTax revenues from retailers and the states.

2. Government Spending: surplus budgets to pay down the National Debt by restricting fiscal year spending outlays to 80% of previous year’s  FairTax revenue collections with the remaining 20% of revenue collection to pay down the national debt.

3. Size and scope of the government: At least ten Federal Departments, many Federal agencies and hundreds of Federal programs should be closed down permanently. The number of Federal employees needs to be cut by at least 50%.

4. National Defense: Budget 5% of our nation’s gross domestic product for national defense, intelligence gathering, securing our borders and homeland security.

5. Foreign Affairs: End US involvement with the United Nations and bring all the troops home from abroad including from the countries of  Germany,  Italy, United Kingdom, Spain, Japan, South Korea,  Afghanistan,  Bahrain, Djibouti,  Iraq, Kuwait, Libya, and Qatar.

6. Social Security and Medicare: Transform them from a government controlled and operated system to an individual controlled and investment system where benefits are based upon payments into a person’s account and investment performance. All persons over the age of forty-five would have the option to remain under the existing Social Security and Medicare programs or go into the new individual controlled and owned  system. All persons under age forty-five would establish their own individual health insurance savings account, disability income and retirement savings accounts with a maximum contributions of twenty-five percent (25%) of their income per year. All persons over the age of sixty-five would continue to receive Social Security and Medicare Benefits.

7. Immigration: immigration law enforcement, illegal alien removal and deportation, and controlled and limited legal immigration. The number of legal immigrants each year would range from a minimum of 200,000 persons when the official unemployment rate exceeds eight percent (8%) to a maximum of 500,000 persons per year when the official unemployment rate is less than two percent (2%). All new citizens must speak, read and write English before becoming a United States citizen.

8. Promote competition in education: provide  all parents with  school vouchers that enable them to choose the school their children attend including home schooling and online schooling.

9. Health Care Reform: affordable, portable, individual, tax favored, and competitive health insurance plans and expanded health savings accounts.

10. End the Federal Reserve System and fiat paper money and  institute  a new gold/silver backed currency standard. Let money interest rates be determined in the market place and not controlled by a central bank.

11. End all Federal subsidies to businesses no matter what form the subsidies take.

12. Eliminate Federal Government regulations that put U.S. businesses at a competitive disadvantage.

13. Energy Independence: repeal all laws and regulations that are impeding the growth and expansion of US energy production including oil and gas exploration and refining and nuclear electrical power generation plant construction and operation.

14. Preserve, protect and defend the Constitution of the United States of America: appoint judges and public servants that will uphold their oaths.

The above Fourteen Issue Positions  should receive the support of the vast majority of the American people including Democrats, Republicans, Independents, Libertarians and others.

However, both the Democratic and Republican Party establishment would not support these Fourteen Issue Positions in their entirety.

The Tea Party movement must transform itself into a viable political party that is fundamentally different from both the Democratic and Republican parties.

The ruling political class and elites in Washington, D.C. are responsible for the economic, political and military mess the United States of America currently finds itself.

The warfare and welfare economy of every expanding collectivist government must be transformed into a peace and prosperity economy with a limited and constrained Constitutional republic.

American Citizens Alliance Party–A CAP On Government Spending, Taxes, Debt and Regulations-The Third Party Base–Tea Party Patriots–Videos

Battle of The Budget

Keynesian Economics Is Wrong: Bigger Gov’t Is Not Stimulus

Eight Reasons Why Big Government Hurts Economic Growth

The Value Added Tax: A Hidden New Tax to Finance Much Bigger Government

What a VAT Means for the Economy

Ron Paul – THE FAIRTAX REVOLUTION

Why We Need a FAIR Tax?

“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

“The government’s view of the economy could be summed up in a few short phrases:  If it moves, tax it.  If it keeps moving, regulate it.  And if it stops moving, subsidize it.”

~Ronald Reagan

Background Articles and Videos

Why You’ve Never Heard of the Great Depression of 1920

Ron Paul on Taxes

March 2010 Libertarian Perspective part 1

March 2010 Libertarian Perspective part 2

March 2010 Libertarian Perspective part 3

Who Pays Income Taxes and how much? Tax Year 2007

Percentiles Ranked by AGI AGI Threshold on Percentiles Percentage of Federal Personal Income Tax Paid
Top 1% $410,096 40.42
Top 5% $160,041 60.63
Top 10% $113,018 71.22
Top 25% $66,532 86.59
Top 50% $32,879 97.11
Bottom 50% <$32,879 2.89
Note: AGI is Adjusted Gross Income
Source: Internal Revenue Service

http://www.ntu.org/tax-basics/who-pays-income-taxes.html

Obamanomics – Pt 1 – Jeffrey Miron – Show-Me Institute

Obamanomics – Pt 2 – Jeffrey Miron – Show-Me Institute

Obamanomics – Pt 3 – Jeffrey Miron – Show-Me Institute

Obamanomics – Pt 4 – Jeffrey Miron – Show-Me Institute

Obamanomics – Pt 5 – Jeffrey Miron – Show-Me Institute

OBAMANOMICS EXPLAINED: Spreading the Wealth

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Third Party Time? Yes Provided You Have $10 Billion and 10 Years!

Cloward Piven

The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence, Spending, Deficits, Debts, Taxes And Regulations!

Cloward Piven Strategy–The Crisis Strategy Of Barack Obama

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The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence, Spending, Deficits, Debts, Taxes And Regulations!

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Obamanomics–New Deal Progressive Radical Socialist Interventionism

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The Great Depression and the Current Recession–Robert Higgs–Videos

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Robert P. Murphy–Videos

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Murray Rothbard–Videos

Murray Rothbard–Libertarianism–Video

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Peter Schiff–Videos

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Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record

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Glenn Beck: President Obama’s Proposed Budget Is Out Of Control Federal Government Spending–Stop Him Before He Destroys The Economy

Posted on February 8, 2010. Filed under: Blogroll, Communications, Demographics, Economics, Education, Employment, Federal Government, Fiscal Policy, government, government spending, Health Care, history, Law, liberty, Life, Links, media, Monetary Policy, People, Philosophy, Politics, Quotations, Rants, Regulations, Resources, Science, Taxes, Video, War, Wisdom | Tags: , , , , , , , , , , |

Glenn Beck Show – February 8, 2010 – Pt 1 of 7

Glenn Beck Show – February 8, 2010 – Pt 2 of 7

Glenn Beck Show – February 8, 2010 – Pt 3 of 7

Glenn Beck Show – February 8, 2010 – Pt 4 of 7

Glenn Beck Show – February 8, 2010 – Pt 5 of 7

Glenn Beck Show – February 8, 2010 – Pt 6 of 7

Glenn Beck Show – February 8, 2010 – Pt 7 of 7

Paul Ryan on debt ceiling increase: “A proud moment” for Speaker Pelosi?

President Obama proposed 2011 budget is beyond fiscally irresponsible, it is dangerous.

The proposal will not be passed by Congress–it is dead on arrival–DOA.

That said the fact that President Obama would even propose such a budget is revealing.

President Obama is an economic illiterate that must rely upon his economic policy team made up of many Keynesians.

This is not surprising since the late John Maynard Keynes would recommend more government spending to lift the economy out of a recession.

There is only one big problem.

Keynes has repeatedly been shown to be wrong.

When his policy recommendations of government intervention into the economy have been followed, the recession is usually prolonged in its duration and negative impact on production and employment.

Keynesian Economics Is Wrong: Bigger Gov’t Is Not Stimulus


At first I thought he was receiving bad economic policy advice.

However I believe he knew exactly what he is doing.

President Obama is what they call a front man.

In a rock band that is the singer.

The real and important question is who is puppet Obama fronting for and what are their goals.

Leading candidates include unions, trial lawyers, large investment and commerical banks, large corporation, the very wealthy including George Soros and David Rockefeller, community organizations, a foreign government, or all of the above.

President Obama has been bought and paid for.

Obama will remain loyal to whoever controls him for the simple reason they are his source of money and influence.

Also, I suspect one or more parties has information that if released to the general public would destroy him.

Therefore, he will follow orders, even if this means he will be defeated in 2012.

I concluded a long time ago that Barack Obama was intentionally trying to both destroy jobs and wreck the U.S. economy.

I think Obama is seeing the writing on the wall and has been told to drop Vice-President Biden from the ticket in 2012 and replace him with Secretary of State Hillary Clinton.

The wild card that President Obama’s controllers did not seriously take into consideration is the American people and the popularity of Sarah Palin among the conservative base in the Republican Party.

The grassroots Tea Party movement is growing every day.

This is especially true with over 26 million Americans seeking a full time job.

Obama has lost Republicans, Democrats, and Independents, conservative, libertarians, veterans, the elderly and is slowly but surely losing the young who cannot find jobs.

All of these people are joing the Tea Party movement.

What is really scaring the political class and elites is the anger and intensity of those in the grassroots Tea Party movement.

The political elites of the progressive radical socialist Democratic Party have nothing but fear and loathing of both the Tea Parties and Sarah Palin.

Their fear and loathing is palpable.

This is evidence by big media’s relenless attacks on Sarah Palin with the aim of destroying or at least damaging her.

Big media’s  big mistake is that their are at least a dozen potential candidates for President in 2012 that are equally impressive as Sarah Palin.

If President Obama continues down his road to serfdom, he and Hillary Clinton will face a decisive defeat at the polls approaching if not exceeding President Ronald Reagan’s defeat of Jimmy Carter in 1980.

How sweat it is!

A twoffer.

Background Articles and Videos

Obama’s Budget Seriously Underestimates Deficit

By Scott Grannis

“…The data for the forecast section of these charts is taken directly from Obama’s FY 2011 Budget. The forecasts presented in this budget rely, as all forecasts ultimately do, on several critical assumptions. Together, these are among the most heroic and daring assumptions I have ever seen coming from the Office of Management and Budget. They are so off the charts that I don’t think they will ever see the light of day. And that would be a good thing, because otherwise we will be facing a very unpleasant economic future.

To begin with, economic growth is expected to average about 4% per year over the next 5 years. That is quite a bit higher than the “new normal” consensus, which sees growth averaging about 2.5-3% per year. I don’t really have a problem with that, since I think the “new normal” consensus is too pessimistic. But regardless of how optimistic 4% sounds, the growth projections the administration is using imply that it would take 10 years or more for the economy to return to its potential, or full employment growth. That would amount to a decade of very frustrated voters.

Next, we have the assumption that, thanks to 4% growth and higher tax rates, there will be a surge in tax receipts stronger than we have ever seen before in post-war history. Amazingly, the administration is making little or no allowance for the likelihood that rising tax rates (e.g., the expiration of the Bush tax cuts, the imposition of big taxes on Cadillac health insurance policies, the limitation of deductions on high-income earners) and rising tax burdens might a) retard economic growth and/or b) result in lower-than-expected revenues (e.g., due to increased evasion). In other words, if the Laffer Curve asserts itself and/or the economy performs according to the “new normal” consensus, we would likely discover that tax receipts are significantly lower than the administration is projecting. …”

http://seekingalpha.com/article/187181-obama-s-budget-seriously-underestimates-deficit

U.S Debt Clock Real Time

http://www.usdebtclock.org/

Total National Debt
Fiscal Years 1900 to 2014
Year GDP-US
$ billion
Gross Public Debt-total
pct GDP
1900 20.6 10.37
1901 22.3 9.61
1902 24.1 17.70
1903 25.9 17.20
1904 25.7 18.18
1905 28.8 16.85
1906 31 16.43
1907 33.9 15.94
1908 30.1 19.20
1909 32.2 18.67
1910 33.4 18.74
1911 34.3 19.31
1912 37.4 18.70
1913 39.1 18.75
1914 36.5 21.23
1915 38.7 21.61
1916 49.6 19.00
1917 59.7 20.25
1918 75.8 28.47
1919 78.3 44.77
1920 88.4 38.86
1921 73.6 45.10
1922 73.4 45.06
1923 85.4 38.96
1924 86.9 38.03
1925 90.6 36.71
1926 96.9 34.48
1927 95.5 34.97
1928 97.4 34.15
1929 103.6 32.25
1930 91.2 36.76
1931 76.5 45.81
1932 58.7 65.91
1933 56.4 73.77
1934 66 69.67
1935 73.3 65.35
1936 83.8 63.55
1937 91.9 60.81
1938 86.1 65.74
1939 92.2 65.40
1940 101.4 62.38
1941 126.7 54.28
1942 161.9 56.68
1943 198.6 78.10
1944 219.8 99.40
1945 223.1 123.46
1946 222.3 128.40
1947 244.2 112.87
1948 269.1 100.69
1949 267.3 102.56
1950 293.8 95.80
1951 339.3 83.21
1952 358.3 80.72
1953 379.3 79.05
1954 380.4 81.54
1955 414.8 76.82
1956 437.4 73.53
1957 461.1 70.17
1958 467.2 71.60
1959 506.6 68.85
1960 526.4 67.68
1961 544.7 66.82
1962 585.6 64.72
1963 617.7 63.29
1964 663.6 60.87
1965 719.1 57.96
1966 787.7 54.20
1967 832.6 52.83
1968 909.8 51.52
1969 984.4 49.50
1970 1038.3 49.55
1971 1126.8 49.44
1972 1237.9 48.57
1973 1382.7 46.73
1974 1499.5 45.42
1975 1637.7 45.99
1976 1825.3 47.19
1977 2030.9 47.16
1978 2294.7 45.87
1979 2562.2 44.12
1980 2789.5 44.59
1981 3128.4 43.53
1982 3253.2 47.52
1983 3534.6 51.81
1984 3933.2 52.81
1985 4220.3 56.68
1986 4462.8 62.39
1987 4739.5 64.75
1988 5100.4 65.83
1989 5484.4 66.67
1990 5803.1 70.54
1991 5992.1 76.46
1992 6337.7 79.53
1993 6667.4 81.38
1994 7085.2 81.40
1995 7397.7 80.89
1996 7816.9 80.32
1997 8332.4 79.62
1998 8679.66 78.46
1999 9201.14 76.35
2000 9951.5 71.61
2001 10286.2 71.57
2002 10398.4 74.69
2003 11142.1 77.15
2004 11607 80.39
2005 12638.4 79.27
2006 13090.8 81.80
2007 14077.6 81.10
2008 14441.4 87.52
2009 14237.2 103.86
2010 14623.9 116.14
2011 15299 121.96
2012 16203.3 124.67
2013 17182.2 126.34
2014 18192.6 127.62

http://www.usgovernmentspending.com/downchart_gs.php?year=1900_2014&units=p&chart=H0-total&title=Total%20National%20Debt

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Progressive Radical Socialist Canned Criticism of American People: Danger, Profits, and Wrong Thinking

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Obama’s Civilian National Security Force–Youth Corp Wave–Friendly Fascism Faces–Cons–Crooks–Communists–Communities–Corps!

Obama’s Hidden Agenda and Covert Cadre of Marxists, Communists, Progressives, Radicals, Socialists–Far Left Democrats Destroying Capitalism and The American Republic

Yuri Bezmenov On KGB Soviet Propaganda and Subversion–Videos

The Bloody History of Communism–Videos

Obama Youth–Civilian National Security Force–National Socialism–Hitler Youth–Brownshirts– Redux?–Collectivism!

American Progressive Liberal Fascism–The Wave of The Future Or Back To Past Mistakes?

Today’s Progressives–Obama’s Radical Socialist Democratic Party

President Obama–Killer of The American Dream and Market Capitalism–Stop The Radical Socialists Before They Kill You!

The Progressive Radical Socialist Family Tree–ACORN & AmeriCorps–Time To Chop It Down

It Is Official–America On The Obama Road To Fascism–Thomas Sowell!

President Obama and His Keynesian Spending Cult of The Fascist Democrat Radicals–FDRs

Economists

The Battle For The World Economy–Videos

Frederic Bastiat–The Law–Videos

Walter Block–Videos

Walter Block–Introduction To Libertarianism–Videos

Yaron Brook–Videos

Thomas DiLorenzo–The Economic Model of the Fascist State–Videos

Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

David Gordon–Five Best Books on the Current Crisis–Video

David Gordon–The Confused Literature of Globalization–Videos

Friedrich Hayek–Videos

Henry Hazlitt–Economics In One Lesson–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

Jörg Guido Hülsmann–The Ethics of Money Production–Videos

Jörg Guido Hülsmann–The Life and Work of Ludwig von Mises–Videos

Milton Friedman–Videos

Milton Friedman on Education–Videos

Milton Friedman–Debate In Iceland–Videos

Israel Kirzner–On Entrepreneurship–Vidoes

Liberal Fascism–Jonah Goldberg–Videos

Ludwig von Mises–Videos

Robert P. Murphy–Videos

The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand

George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos

Murray Rothbard–Videos

Murray Rothbard–Libertarianism–Video

Rothbard On Keynes–Videos

Murray Rothbard– What Has Government Done to Our Money?–Videos

Peter Schiff–Videos

Schiff, Forbers and Bloomberg Nail The Financial Crisis and Recession–Mistakes Were Made–Greed, Arrogance, Stupidity–Three Chinese Curses!

Larry Sechrest–The Anticapitalists: Barbarians at the Gate–Videos

L. William Seidman on The Economic Crisis: Causes and Cures–Videos

Amity Shlaes–Videos

Julian Simon–Videos

Thomas Sowell and Conflict of Visions–Videos

Thomas Sowell On The Housing Boom and Bust–Videos

Peter Thiel–Videos

Thomas E. Woods, Jr.–Videos

Thomas E. Woods–The Economic Crisis and The Federal Reserve–Videos

Tom Woods–Lectures On Liberty–Videos

Tom Woods–Smashing Myths and Restoring Sound Money–Videos

Tom Wright On The FairTax–Videos

Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record

 

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President Barack Obama State of The Union Address–Rush Limbaugh and Ron Paul Response!

Posted on January 28, 2010. Filed under: Blogroll, Communications, Economics, Education, Employment, Energy, Fiscal Policy, government spending, Health Care, history, Homes, Immigration, Law, liberty, Life, Links, Monetary Policy, People, Philosophy, Politics, Rants, Raves, Regulations, Video, Wisdom | Tags: , , , , , , , , , , , , , , , , , , , , |

  

“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 

Barack Obama’s Theme Song

Bee Gees – I Started a Joke–

 

I started a joke, which started the whole world crying,
But I didn’t see that the joke was on me, oh no.
I started to cry, which started the whole world laughing,
Oh, if I’d only seen that the joke was on me. 

I looked at the skies, running my hands over my eyes,
And I fell out of bed, hurting my head from things that I’d said. 

Til I finally died, which started the whole world living,
Oh, if I’d only seen that the joke was on me. 

I looked at the skies, running my hands over my eyes,
And I fell out of bed, hurting my head from things that I’d said. 

Til I finally died, which started the whole world living,
Oh, if I’d only seen that the joke was one me. 

  

The 2010 State of the Union Address

  

Part 1| President Obama’s 2010 State of the Union Address – 01/27/10

Part 2| President Obama’s 2010 State of the Union Address – 01/27/10

  

Part 3| President Obama’s 2010 State of the Union Address – 01/27/10

 

  

Part 4| President Obama’s 2010 State of the Union Address – 01/27/10

Part 5| President Obama’s 2010 State of the Union Address – 01/27/10

Part 6| President Obama’s 2010 State of the Union Address – 01/27/10

Part 7| President Obama’s 2010 State of the Union Address – 01/27/10

Part 8| President Obama’s 2010 State of the Union Address – 01/27/10

Gov. Bob McDonnell (R-VA) Responds to State of the Union

  

Rush Limbaugh – Obama State of Union Reaction

Rush Limbaugh’s Letter to President Obama

  

Ron Paul: State of the Union Address Part 1 of 3

Ron Paul: State of the Union Address Part 2 of 3

Ron Paul: State of the Union Address Part 3 of 3

Cato Institute Scholars Analyze the 2010 State of the Union Address

 

American People Response

Ray Stevens – We The People

Bee Gees – Massachusetts 

Feel I’m going back to Massachusetts
Something’s telling me I must go home
And the lights all went out in Massachusetts
The day I left her standing on her own 

Tried to hitch a ride to San Francisco
Gotta do the things I wanna do
And the lights all went out in Massachusetts
They brought me back to see my way with you 

Talk about the life in Massachusetts
Speak about the people I have seen
And the lights all went out in Massachusetts 

I will remember Massachusetts
I will remember Massachusetts  

We The People arrived at this moment due to massive Federal Government intervention into the economy with higher  taxes, spending, deficits, debts, bailouts and subsidies.  

Until entire Federal Departments are shut-down and closed permanently and a FairTax replaces all Federal taxes, neither political party is seriously fiscally responsible. 

The progressive radical socialists of both the Democratic and Republican parties are the problem and the cause of massive government intervention into the free market process and the result is the Obama Depression. 

The American people have had enough of the progressive radical socialist political class and elites in Washington D. C. 

President Obama arrogantly reading more lies and promises no longer inspires or impresses the American people. 

The American people no longer believe or trust President Obama. 

The American people know we are broke. 

The American people are marching and rising. 

The Second American Revolution has begun. 

Time to throw the tyrants out of office. 

  

The American People Rising In Revolt Against The Progressive Radical Socialists–Democrats and Republicans!

  

“All tyranny needs to gain a foothold is for people of good conscience to remain silent.” 

~Thomas Jefferson
 

  

Background Articles and Videos

 

 Obama’s So-Called Stimulus: Good For Government, Bad For the Economy

Stimulus II: A Sequel America Can’t Afford

Transcripts of President Obama’s State of Union Address, January 17, 2010

Text: Obama’s State of the Union Address

 http://www.nytimes.com/2010/01/28/us/politics/28obama.text.html 

State of the Union: President Obama’s Speech
President Obama Delivers State of the Union at US Capitol in Washington, D.C.
Jan. 27, 2010

http://abcnews.go.com/Politics/State_of_the_Union/state-of-the-union-2010-president-obama-speech-transcript/story?id=9678572 

  

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The American People Rising In Revolt Against The Progressive Radical Socialists–Democrats and Republicans!

The American People March on Washington D.C.–August 28, 2010–At The Lincoln Memorial! Mark Your Calendar–Be There–Three Million Minimum–Join The Second American Revolution

The Obama Depression: Lessons Learned–Deja Vu!

President Barack Obama–Portrait of A Progressive Radical Socialist Narcissist–A Cult Of Personality!

Barack Obama–A Reader Not A Leader–A Divider Not A Uniter–A Progressive Radical Socialist Not An American Achiever

Obamanomics–New Deal Progressive Radical Socialist Interventionism

Glenn Beck’s Documentary On The Collectivists: Marxists, Socialists, Progressives, Communists, Fascists, National Socialists–Progressive Radical Socialists of The Democratic and Republican Parties!

  

 

Read Full Post | Make a Comment ( None so far )

The American People Rising In Revolt Against The Progressive Radical Socialists–Democrats and Republicans!

Posted on January 27, 2010. Filed under: Demographics, Economics, Education, Employment, Farming, Fiscal Policy, government spending, Health Care, history, Immigration, Investments, Law, liberty, Life, media, Monetary Policy, People, Philosophy, Politics, Psychology, Rants, Raves, Strategy, Talk Radio, Taxes, Uncategorized, Video, Wisdom | Tags: , , , , , , , |

America Rising: An Open Letter to Democrat Politicians

 

Obama’s Spending Freeze

 

Obama’s Spending Freeze Is a Fraud that Locks In Dept Budgets at Artificially High Levels

Krauthammer on Obamas SOTU: “He Will Fake a Pivot”

Different government job figures and Obama 3 year spending freeze

Congressman Jeb Hensarling Nails Phony Obama Budget Freeze at Budget

 

Glenn Beck Show – January 27, 2010 – Pt 1 of 7

Glenn Beck Show – January 27, 2010 – Pt 2 of 7

Glenn Beck Show – January 27, 2010 – Pt 3 of 7

Glenn Beck Show – January 27, 2010 – Pt 4 of 7

 

Glenn Beck Show – January 27, 2010 – Pt 5 of 7

Glenn Beck Show – January 27, 2010 – Pt 6 of 7

Glenn Beck Show – January 27, 2010 – Pt 7 of 7

 

 Keynesian Economics Is Wrong: Bigger Gov’t Is Not Stimulus

 Obama’s So-Called Stimulus: Good For Government, Bad For the Economy

 

Stimulus II: A Sequel America Can’t Afford

 

Stop Spending Our Future – The Crisis

 

 

U.S. Debt Clock–Real Time

http://www.usdebtclock.org/ 

The National Debt Is Now Over  

$12,300,000,000,000 

http://www.treasurydirect.gov/NP/BPDLogin?application=np 

The Total Unfunded Liabilities of

The United States of America Are Over 

$107,000,000,000,000 

We The People  

Are Broke! 

Stop Socialist Spending

 

Real Change and Hope 

Milton Friedman on Libertarianism (Part 4 of 4)

   

Shut Down and Close Permanently

10 Federal Government Departments,

 Several Agencies and Many Programs Now!

 

1. Department of Agriculture

2. Department of Commerce

3. Department of Education 

4. Department of Energy

5. Department of Health and Human Resources

6. Department of Housing and Urban Development

7. Department of Interior

8. Department of Labor

9. Department of Transportation

10. Department of Veterans Affairs

11. Environmental Protection Agency 

12. Other Independent Agencies

13. International Assistance Programs

  

If

We The People

 Do Not Do This Now

You Can Forgot About

Receiving  Your

Social Security and Medicare Benefits!

Social Security and Medicare Projections – I.O.U.S.A.

 

 

 

http://www.federalbudget.com/

The American People March on Washington D.C.–August 28, 2010–At The Lincoln Memorial! Mark Your Calendar–Be There–Three Million Minimum–Join The Second American Revolution

 

We The People Stimulus Package

 

Ray Stevens – We The People

Mark Levin–Liberty and Tyranny: A Conservative Manifesto–Videos

 

Background Articles and Videos

Ron Paul: State of the Union Address Part 1 of 3

 

Ron Paul: State of the Union Address Part 2 of 3

 

Ron Paul: State of the Union Address Part 3 of 3

 

Flashback: Obama Ridicules McCains Call for Spending Freeze

 

United States of Amercia Government

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

 

 

Obama’s 2010 Federal Budget Explained in Plain English

by Rebekah Manning

http://www.onlineforextrading.com/blog/federal-budget-broken-down/

 

 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

Unites States Cabinet

“… The United States Cabinet (usually referred to as the President’s Cabinet or simplified as the Cabinet) is composed of the most senior appointed officers of the executive branch of the federal government of the United States. Its existence dates back to the first American President, George Washington, who appointed a Cabinet of four people (Secretary of State Thomas Jefferson; Secretary of the Treasury Alexander Hamilton; Secretary of War Henry Knox; and Attorney General Edmund Randolph) to advise and assist him in his duties. Cabinet officers are nominated by the President and then presented to the United States Senate for confirmation or rejection by a simple majority. If approved, they are sworn in and begin their duties. Aside from the Attorney General, and previously, the Postmaster General, they all receive the title Secretary. Members of the Cabinet serve at the pleasure of the President. ..”

http://en.wikipedia.org/wiki/United_States_Cabinet

 

“…Department of Agriculture

The U.S. Department of Agriculture (USDA) develops and executes policy on farming, agriculture, and food. Its aims include meeting the needs of farmers and ranchers, promoting agricultural trade and production, assuring food safety, protecting natural resources, fostering rural communities, and ending hunger in America and abroad.

The USDA employs more than 100,000 employees and has an annual budget of approximately $95 billion. It consists of 17 agencies, including the Animal and Plant Health Inspection Service, the Food and Nutrition Service, and the Forest Service. The bulk of the department’s budget goes towards mandatory programs that provide services required by law, such as programs designed to provide nutrition assistance, promote agricultural exports, and conserve our environment. The USDA also plays an important role in overseas aid programs by providing surplus foods to developing countries.

The United States Secretary of Agriculture administers the USDA.

Department of Commerce

The Department of Commerce is the government agency tasked with improving living standards for all Americans by promoting economic development and technological innovation.

The department supports U.S. business and industry through a number of services, including gathering economic and demographic data, issuing patents and trademarks, improving understanding of the environment and oceanic life, and ensuring the effective use of scientific and technical resources. The agency also formulates telecommunications and technology policy, and promotes U.S. exports by assisting and enforcing international trade agreements.

The Secretary of Commerce oversees a $6.5 billion budget and approximately 38,000 employees.

Department of Defense

The mission of the Department of Defense (DOD) is to provide the military forces needed to deter war and to protect the security of our country. The department’s headquarters is at the Pentagon.

The DOD consists of the Departments of the Army, Navy, and Air Force, as well as many agencies, offices, and commands, including the Joint Chiefs of Staff, the Pentagon Force Protection Agency, the National Security Agency, and the Defense Intelligence Agency. The DOD occupies the vast majority of the Pentagon building in Arlington, VA.

The Department of Defense is the largest government agency, with more than 1.3 million men and women on active duty, nearly 700,000 civilian personnel, and 1.1 million citizens who serve in the National Guard and Reserve forces. Together, the military and civilian arms of DOD protect national interests through war-fighting, providing humanitarian aid, and performing peacekeeping and disaster relief services.

Department of Education
The mission of the Department of Education is to promote student achievement and preparation for competition in a global economy by fostering educational excellence and ensuring equal access to educational opportunity.

The Department administers federal financial aid for education, collects data on America’s schools to guide improvements in education quality, and works to complement the efforts of state and local governments, parents, and students.

The U.S. Secretary of Education oversees the Department’s 4,200 employees and $68.6 billion budget.

Department of Energy

The mission of the Department of Energy (DOE) is to advance the national, economic, and energy security of the United States.

The DOE promotes America’s energy security by encouraging the development of reliable, clean, and affordable energy. It administers federal funding for scientific research to further the goal of discovery and innovation — ensuring American economic competitiveness and improving the quality of life for Americans.

The DOE is also tasked with ensuring America’s nuclear security, and with protecting the environment by providing a responsible resolution to the legacy of nuclear weapons production.

The United States Secretary of Energy oversees a budget of approximately $23 billion and more than 100,000 federal and contract employees.

Department of Health and Human Services

The Department of Health and Human Services (HHS) is the United States government’s principal agency for protecting the health of all Americans and providing essential human services, especially for those who are least able to help themselves. Agencies of HHS conduct health and social science research, work to prevent disease outbreaks, assure food and drug safety, and provide health insurance.

In addition to administering Medicare and Medicaid, which together provide health insurance to one in four Americans, HHS also oversees the National Institutes of Health, the Food and Drug Administration, and the Centers for Disease Control.

The Secretary of Health and Human Services oversees a budget of approximately $700 billion and approximately 65,000 employees. The Department’s programs are administered by 11 operating divisions, including 8 agencies in the U.S. Public Health Service and 3 human services agencies.

Department of Homeland Security

The missions of the Department of Homeland Security are to prevent and disrupt terrorist attacks; protect the American people, our critical infrastructure, and key resources; and respond to and recover from incidents that do occur. The third largest Cabinet department, DHS was established by the Homeland Security Act of 2002, largely in response to the terrorist attacks on September 11, 2001. The new department consolidated 22 executive branch agencies, including the U.S. Customs Service, the U.S. Coast Guard, the U.S. Secret Service, the Transportation Security Administration, and the Federal Emergency Management Agency.

DHS employs 216,000 people in its mission to patrol borders, protect travelers and our transportation infrastructure, enforce immigration laws, and respond to disasters and emergencies. The agency also promotes preparedness and emergency prevention among citizens. Policy is coordinated by the Homeland Security Council at the White House, in cooperation with other defense and intelligence agencies, and led by the Assistant to the President for Homeland Security.

Department of Housing and Urban Development

The Department of Housing and Urban Development (HUD) is the federal agency responsible for national policies and programs that address America’s housing needs, that improve and develop the nation’s communities, and that enforce fair housing laws. The Department plays a major role in supporting homeownership for lower- and moderate-income families through its mortgage insurance and rent subsidy programs.

Offices within HUD include the Federal Housing Administration, which provides mortgage and loan insurance; the Office of Fair Housing and Equal Opportunity, which ensures all Americans equal access to the housing of their choice; and the Community Development Block Grant Program, which helps communities with economic development, job opportunities, and housing rehabilitation. HUD also administers public housing and homeless assistance.

The Secretary of Housing and Urban Development oversees approximately 9,000 employees on a budget of approximately $40 billion.

Department of the Interior

The Department of the Interior (DOI) is the nation’s principal conservation agency. Its mission is to protect America’s natural resources, offer recreation opportunities, conduct scientific research, conserve and protect fish and wildlife, and honor our trust responsibilities to American Indians, Alaskan Natives, and our responsibilities to island communities.

DOI manages 500 million acres of surface land, or about one-fifth of the land in the United States, and manages hundreds of dams and reservoirs. Agencies within the DOI include the Bureau of Indian Affairs, the Minerals Management Service, and the U.S. Geological Survey. The DOI manages the national parks and is tasked with protecting endangered species.

The Secretary of the Interior oversees about 70,000 employees and 200,000 volunteers on a budget of approximately $16 billion. Every year it raises billions in revenue from energy, mineral, grazing, and timber leases, as well as recreational permits and land sales.

Department of Justice

The mission of the Department of Justice (DOJ) is to enforce the law and defend the interests of the United States according to the law; to ensure public safety against threats foreign and domestic; to provide federal leadership in preventing and controlling crime; to seek just punishment for those guilty of unlawful behavior; and to ensure fair and impartial administration of justice for all Americans.

The DOJ is comprised of 40 component organizations, including the Drug Enforcement Administration, the Federal Bureau of Investigation, the U.S. Marshals, and the Federal Bureau of Prisons. The Attorney General is the head of the DOJ and chief law enforcement officer of the federal government. The Attorney General represents the United States in legal matters, advises the President and the heads of the executive departments of the government, and occasionally appears in person before the Supreme Court.

With a budget of approximately $25 billion, the DOJ is the world’s largest law office and the central agency for the enforcement of federal laws.

Department of Labor

The Department of Labor oversees federal programs for ensuring a strong American workforce. These programs address job training, safe working conditions, minimum hourly wage and overtime pay, employment discrimination, and unemployment insurance.

The Department of Labor’s mission is to foster and promote the welfare of the job seekers, wage earners, and retirees of the United States by improving their working conditions, advancing their opportunities for profitable employment, protecting their retirement and health care benefits, helping employers find workers, strengthening free collective bargaining, and tracking changes in employment, prices, and other national economic measurements.

Offices within the Department of Labor include the Bureau of Labor Statistics, the federal government’s principal statistics agency for labor economics, and the Occupational Safety & Health Administration, which promotes the safety and health of America’s working men and women.

The Secretary of Labor oversees 15,000 employees on a budget of approximately $50 billion.

Department of State

The Department of State plays the lead role in developing and implementing the President’s foreign policy. Major responsibilities include United States representation abroad, foreign assistance, foreign military training programs, countering international crime, and a wide assortment of services to U.S. citizens and foreign nationals seeking entrance to the U.S.

The U.S. maintains diplomatic relations with approximately 180 countries — each posted by civilian U.S. Foreign Service employees — as well as with international organizations. At home, more than 5,000 civil employees carry out the mission of the Department.

The Secretary of State serves as the President’s top foreign policy adviser, and oversees 30,000 employees and a budget of approximately $35 billion.

Department of Transportation

The mission of the Department of Transportation (DOT) is to ensure a fast, safe, efficient, accessible and convenient transportation system that meets our vital national interests and enhances the quality of life of the American people.

Organizations within the DOT include the Federal Highway Administration, the Federal Aviation Administration, the National Highway Traffic Safety Administration, the Federal Transit Administration, the Federal Railroad Administration and the Maritime Administration.

The U.S. Secretary of Transportation oversees approximately 55,000 employees and a budget of approximately $70 billion.

Department of the Treasury

The Department of the Treasury is responsible for promoting economic prosperity and ensuring the soundness and security of the U.S. and international financial systems.

The Department operates and maintains systems that are critical to the nation’s financial infrastructure, such as the production of coin and currency, the disbursement of payments to the American public, the collection of taxes, and the borrowing of funds necessary to run the federal government. The Department works with other federal agencies, foreign governments, and international financial institutions to encourage global economic growth, raise standards of living, and, to the extent possible, predict and prevent economic and financial crises. The Treasury Department also performs a critical and far-reaching role in enhancing national security by improving the safeguards of our financial systems, implementing economic sanctions against foreign threats to the U.S., and identifying and targeting the financial support networks of national security threats.

The Secretary of the Treasury oversees a budget of approximately $13 billion and a staff of more than 100,000 employees.

Department of Veterans Affairs

The Department of Veterans Affairs is responsible for administering benefit programs for veterans, their families, and their survivors. These benefits include pension, education, disability compensation, home loans, life insurance, vocational rehabilitation, survivor support, medical care, and burial benefits. Veterans Affairs became a cabinet-level department in 1989.

Of the 25 million veterans currently alive, nearly three of every four served during a war or an official period of hostility. About a quarter of the nation’s population — approximately 70 million people — are potentially eligible for V.A. benefits and services because they are veterans, family members, or survivors of veterans.

The Secretary of Veterans Affairs oversees a budget of approximately $90 billion and a staff of approximately 235,000 employees.

http://www.whitehouse.gov/our-government/executive-branch

 

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President Barack Obama’s Role Model–President Franklin D. Roosevelt–The Worse President For The U.S. and World Economies and The American People–With The Same Results–High Unemployment Rates–Over 25 Million American Citizens Seeking Full Time Jobs Today–Worse Than The Over 13 Million Seeking Jobs During The Worse of The Great Depression!

Progressives

Progressive Radical Socialist Health Care Plan Written In Prison By Convicted Felon Richard Creamer!

Obamanomics–New Deal Progressive Radical Socialist Interventionism

Eugenics, Planned Parenthood, Population Control, and Designer Babies–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

Lord Christopher Monckton–Climate Change–Treaty–Videos

Progressive Radical Socialist Canned Criticism of American People: Danger, Profits, and Wrong Thinking

The Battle For The World Economy–Videos

Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

Obama’s Civilian National Security Force–Youth Corp Wave–Friendly Fascism Faces–Cons–Crooks–Communists–Communities–Corps!

Obama’s Hidden Agenda and Covert Cadre of Marxists, Communists, Progressives, Radicals, Socialists–Far Left Democrats Destroying Capitalism and The American Republic

Yuri Bezmenov On KGB Soviet Propaganda and Subversion–Videos

The Bloody History of Communism–Videos

Obama Youth–Civilian National Security Force–National Socialism–Hitler Youth–Brownshirts– Redux?–Collectivism!

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Economists

The Battle For The World Economy–Videos

Frederic Bastiat–The Law–Videos

Walter Block–Videos

Walter Block–Introduction To Libertarianism–Videos

Yaron Brook–Videos

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Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

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David Gordon–The Confused Literature of Globalization–Videos

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The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand

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Julian Simon–Videos

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Thomas Sowell On The Housing Boom and Bust–Videos

Peter Thiel–Videos

Thomas E. Woods, Jr.–Videos

Thomas E. Woods–The Economic Crisis and The Federal Reserve–Videos

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Government

United States Department of Agriculture

United States Department of Commerce

United States Department of Defense

United States Department of Education

United States Department of Energy

United States Department of Health and Human Resources

United States Department of Homeland Security

United States Department of Housing and Urban Development

United States Department of Interior

United States Department of Justice

United States Department of Labor

United States Department of State

United States Department of Transportation

United States Department of The Treasury

United States Department of Veteran Affairs

United States Office of Management and Budget

United States Office of Personnel Management

United States Social Security Administration

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Progressive Radical Socialist Obama:The Anti-Business–Job and Wealth Destroying–Government Interventionist–Demands More Regulations, Taxes, Subsidies, Government Spending, Deficits and Debt–Stop Them Now–Do Not Play Their Game!

Posted on January 25, 2010. Filed under: Blogroll, Communications, Culture, Economics, Education, Employment, Energy, Fiscal Policy, Foreign Policy, government spending, history, Law, liberty, Life, Links, Monetary Policy, People, Philosophy, Politics, Quotations, Rants, Raves, Regulations, Resources, Taxes, Technology, Video, War, Wisdom | Tags: , , , , , , , , , , , |

The Beatles – Revolution (Live)

Eight Reasons Why Big Government Hurts Economic Growth

The Empirical Evidence Against Big Government

President Obama’s Deferral Proposal: Hamstringing American Companies, Reducing American Jobs

Government Intervention, Regulatory Policy, and the Financial Crisis

Thomas Woods – Interventionist Economics

Glenn Beck Show – January 25, 2010 – Pt 1 of 7

Glenn Beck Show – January 25, 2010 – Pt 2 of 7

 

Glenn Beck Show – January 25, 2010 – Pt 3 of 7

 

Glenn Beck Show – January 25, 2010 – Pt 4 of 7

 

Glenn Beck Show – January 25, 2010 – Pt 5 of 7

 

Glenn Beck Show – January 25, 2010 – Pt 6 of 7

 

Glenn Beck Show – January 25, 2010 – Pt 7 of 7

The Beatles -Taxman

 

Background Articles and Videos

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

Stop Spending Our Future – The Crisis

President Obama’s Cloward-Piven Strategy of Controlled Crisis Creation Crippling Capitalism–Coup D-Etat On America

Related Posts On Pronk Palisades

The Obama Depression: Lessons Learned–Deja Vu!

Barack Obama–A Reader Not A Leader–A Divider Not A Uniter–A Progressive Radical Socialist Not An American Achiever

Obamanomics–New Deal Progressive Radical Socialist Interventionism

Glenn Beck’s Documentary On The Collectivists: Marxists, Socialists, Progressives, Communists, Fascists, National Socialists–Progressive Radical Socialists of The Democratic and Republican Parties!

Collectivism: Socialism, Communism, Progressivism and Fascism

The Battle For The World Economy–Videos

Walter Block–Videos

Thomas DiLorenzo–The Economic Model of the Fascist State–Videos

G. William Domhoff: Who Runs America–Videos

Jonah Goldberg–Liberal Fascism–Videos

Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

G. Edward Griffin- On Individualism vs. Collectivism–Videos

George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos

Today’s Progressives–Obama’s Radical Socialist Democratic Party

The Racist Test for Judge Sonya Sotomayor and President Obama–Racism Unmasked!

Calling and Raising The Stakes for Race Card Players–Obama and Sotomayor

George Soros: Government Interventionist and Global Socialist–Obama’s Puppeter Master–Videos

George Soros: Barack Obama’s Money Man and Agenda Puppeter 

The Cloward-Piven Strategy Of The Progressive Radical Socialists: Wrecking The U.S. Economy By Massive Government Dependence, Spending, Deficits, Debts, Taxes And Regulations!

President Barack Obama’s Role Model–President Franklin D. Roosevelt–The Worse President For The U.S. and World Economies and The American People–With The Same Results–High Unemployment Rates–Over 25 Million American Citizens Seeking Full Time Jobs Today–Worse Than The Over 13 Million Seeking Jobs During The Worse of The Great Depression!

Progressives

Progressive Radical Socialist Health Care Plan Written In Prison By Convicted Felon Richard Creamer!

Obamanomics–New Deal Progressive Radical Socialist Interventionism

Eugenics, Planned Parenthood, Population Control, and Designer Babies–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

Lord Christopher Monckton–Climate Change–Treaty–Videos

Progressive Radical Socialist Canned Criticism of American People: Danger, Profits, and Wrong Thinking

The Battle For The World Economy–Videos

Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

Obama’s Civilian National Security Force–Youth Corp Wave–Friendly Fascism Faces–Cons–Crooks–Communists–Communities–Corps!

Obama’s Hidden Agenda and Covert Cadre of Marxists, Communists, Progressives, Radicals, Socialists–Far Left Democrats Destroying Capitalism and The American Republic

Yuri Bezmenov On KGB Soviet Propaganda and Subversion–Videos

The Bloody History of Communism–Videos

Obama Youth–Civilian National Security Force–National Socialism–Hitler Youth–Brownshirts– Redux?–Collectivism!

American Progressive Liberal Fascism–The Wave of The Future Or Back To Past Mistakes?

Today’s Progressives–Obama’s Radical Socialist Democratic Party

President Obama–Killer of The American Dream and Market Capitalism–Stop The Radical Socialists Before They Kill You!

The Progressive Radical Socialist Family Tree–ACORN & AmeriCorps–Time To Chop It Down

It Is Official–America On The Obama Road To Fascism–Thomas Sowell!

President Obama and His Keynesian Spending Cult of The Fascist Democrat Radicals–FDRs 

Economists

The Battle For The World Economy–Videos

Frederic Bastiat–The Law–Videos

Walter Block–Videos

Walter Block–Introduction To Libertarianism–Videos

Yaron Brook–Videos

Thomas DiLorenzo–The Economic Model of the Fascist State–Videos

Paul Edward Gottfried–Fascism, Anti-Fascism, and the Welfare State–Videos

David Gordon–Five Best Books on the Current Crisis–Video

David Gordon–The Confused Literature of Globalization–Videos

Friedrich Hayek–Videos

Henry Hazlitt–Economics In One Lesson–Videos

The Great Depression and the Current Recession–Robert Higgs–Videos

Jörg Guido Hülsmann–The Ethics of Money Production–Videos

Jörg Guido Hülsmann–The Life and Work of Ludwig von Mises–Videos

Milton Friedman–Videos

Milton Friedman on Education–Videos

Milton Friedman–Debate In Iceland–Videos

Israel Kirzner–On Entrepreneurship–Vidoes

Liberal Fascism–Jonah Goldberg–Videos

Ludwig von Mises–Videos

Robert P. Murphy–Videos

The Fountainhead, Atlas Shrugged and The Ideas of Ayn Rand

George Gerald Reisman–Why Nazism Was Socialism and Why Socialism Is Totalitarian–Videos

Murray Rothbard–Videos

Murray Rothbard–Libertarianism–Video

Rothbard On Keynes–Videos

Peter Schiff–Videos

Schiff, Forbers and Bloomberg Nail The Financial Crisis and Recession–Mistakes Were Made–Greed, Arrogance, Stupidity–Three Chinese Curses!

Larry Sechrest–The Anticapitalists: Barbarians at the Gate–Videos

L. William Seidman on The Economic Crisis: Causes and Cures–Videos

Amity Shlaes–Videos

Julian Simon–Videos

Thomas Sowell and Conflict of Visions–Videos

Thomas Sowell On The Housing Boom and Bust–Videos

Peter Thiel–Videos

Thomas E. Woods, Jr.–Videos

Thomas E. Woods–The Economic Crisis and The Federal Reserve–Videos

Tom Woods–Lectures On Liberty–Videos

Tom Woods–Smashing Myths and Restoring Sound Money–Videos

Tom Wright On The FairTax–Videos

Banking Cartel’s Public Relations Campaign Continues:Federal Reserve Chairman Ben Bernanke On The Record

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Sarah Palin: Republican or Independent–Elephant or Bull Moose–Palin–Preening President Popper!

Posted on November 18, 2009. Filed under: Blogroll, Communications, Demographics, Economics, Education, Employment, Energy, Fiscal Policy, Foreign Policy, government spending, Health Care, Law, liberty, Life, Links, Monetary Policy, People, Philosophy, Politics, Quotations, Rants, Raves, Talk Radio, Taxes, Video, Wisdom | Tags: , , , , , , , , , , , , , , , |

  

 

“Courage is the greatest of all virtues, because if you haven’t courage, you may not have an opportunity to use any of the others.”

~Samuel Butler

 

Governor Palin on Hannity Part 1 (Foxnews Nov 18 2009).avi

Governor Palin on Hannity Part 2 (Foxnews Nov 18 2009).avi

Governor Palin on Hannity Part 3 (Foxnews Nov 18 2009).avi

Governor Palin on Hannity Part 4 (Foxnews Nov 18 2009).avi

Governor Palin on Hannity Part 5 (Foxnews Nov 18 2009).avi

Governor Palin on Hannity Part 6 (Foxnews Nov 18 2009).avi

Gov Palin on Sean Hannity’s Radio Show pt 1 Nov 18

Gov Palin on Sean Hannity’s Radio Show pt 2 Nov 18

Greta on Governor Palin’s Media Roundup (Foxnews Nov 17 2009)

Rush Limbaugh Speaks with Sarah Palin – Part 1/2

Rush Limbaugh Speaks with Sarah Palin – Part 2/2

Sarah Palin, Barbara Walters: Good Morning America (Part 1 of 2)

Sarah Palin, Barbara Walters: Good Morning America (Part 2 of 2)

Sarah Palin wants to “..work her butt-off for common sense conservatives…”, which tells me she is running for the office of President of the United States.

Will former Governor Palin run as a Republican or Independent on a third party ticket, Elephant or Bull Moose?

Today it sure sounds like she would will run as a Republican candidate for the office of President.

Larry Kudlow Panel The Palin Effect

She would be an excellent choice for the Vice-President slot as well.

However, she understands why here husband, Todd, is registered as an independent.

Should she be treated unfairly by the Republican Party establishment, she could run as an independent.

The Republican Party elites better treat her right or her supporters would vote for her instead of the Republican candidate., should she decide to run as an independent.

If Sarah Palin wants to be President of the United States she should follow the example of Ronald Reagan and build a grassroots movement of conservatives, libertarians, and independents for limited government, fiscal responsibilty and job and wealth creation.

She must do her homework and study both domestic and national security issues.

Then communicate her positions on the top twelve issues facing the nation today.

Do not underestimate Governor Palin on her ability to choose the right policy solutions and communicate them to the American people:

The Larry Kudlow Show (October 17, 2009)


Here is a conservative and libertarian political agenda for a quick start:

1. Job Creation: reduce the tax and regulation burden of small and medium size businesses to encourage business formation, economic growth, job and wealth creation.

2. Tax Reform: replace all Federal income, payroll, capital gains, estate and gift taxes with a national consumption tax–The FairTax.

3.  Federal Budget: require balanced or surplus budgets only, no more budget deficits and deficit spending and absolutely no government bailouts and subsidies to businesses.

4. Federal Government Size and Scope: eliminate  ten Federal Departments and the Federal Reserve System and their associated programs, subsidies, unfunded state mandates and the number of Federal employees by 50%.

5. Federal Government Regulation: reduce by a least half the number and scope of government regulations.

6. Energy Independence: promote oil and gas exploration and production, oil refinery and nuclear power generation plant construction.

7. Education: promote competition and accountability among schools by supporting  home schooling , school choice  and vouchers for parents to pay for school tuition and fees.

8. Health Care Reform: promote tort reform, interstate competition among insurance companies,  and health saving accounts paired with individual high deductible health insurance plans.

9. Social Security and Medicare: place both Social Security and Medicare on a financial and actuarial sound basis and transition to individually owned and controlled Social Security Retirement Accounts and Health Saving Accounts paired with high deductible health insurance plans.

10. Immigration: no amnesty for illegal aliens, stop illegal immigration by requiring all employers to use E-Verify to determine eligibility to work in the USA, complete and patrol the entire border fence, remove and deport all criminal aliens, and limit legal immigration to 250,000 persons per year.

11. National Security: bring the troops home from around the world including Germany, Japan, South Korea., Iraq and Afghanistan and budget 5% of Gross Domestic Product for national defense  to build and train all of the military services for defense of the nation.

12. International Affairs: withdraw from the United Nations and require the United Nations to move to another country.

Listening to her answers to serious policy issue questions, it is apparent she has already been studying the top issues.

The pump and dump drive-by media or what Palin calls the lamestream media are in dump-mode attacking her.

O’Reilly: The Sarah Palin Fear Factor (Foxnews Nov 17 2009)

HLN’s Joy Behar, Ann Coulter & Hilary Rosen Spar Over Sarah Palin’s Book

The lamestream media needs to damage her to prevent her from having any chance of running in 2012 or 2016 and beating either Barack Obama or Hillary Clinton.

The country-club or Rockefeller Republicans, aka the Republicans In Name Only, the RINOs, are also taking their shots including McCain’s former campaign staff.

My educated guess is that both Newt Gingrich and Sarah Palin will both run for the nomination in 2012 and whoever wins the nomination for Presidency will select the other for the Vice-President slot on the ticket to unite the Republican Party–Newty and The Beauty or Beauty and Newty.

Some woman conservatives are hoping for a Sarah Palin/Michelle Bachmann ticket.

Others are hoping for a Sarah Palin/Marsha Blackburn ticket.

Both are terrific ideas!

How about  Sarah Palin/Tom Coburn or Tom Coburn/Sarah Palin ticket ladies?

 

A Senator and Doctor that really knows how to reform health care!

Both Democrats and Republicans call him Doctor No–a fiscally responsible conservative that walks the walk.

Palin knows that the American people are tired of President Obama’s America apologetic tours with bowing to Emperors and Kings.

The American people are not pleased with the direction the progressive radical socialist President is taking their country with massively huge budget deficits, tax increases, and a new health care entitlement program.

Palin knows how to attack these issues with a smile and prick the inflated Obama opinion of himself.

Palin– The Preening President Popper–Bye Bye Barack!

Background Articles and Videos 

http://www.federalbudget.com/

 

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

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?

 

U.S. National Debt Clock Real Time

http://www.usdebtclock.org/

 

Sarah Palin Facebook Page
http://www.facebook.com/sarahpalin

Michele Bachmann

http://www.michelebachmann.com/index.php

Who’s afraid of conservative American women?

By Michelle Malkin  

“Female Conservative Derangement Syndrome has spread across the pond. The Observer of London spotlights the “extreme” women in American politics that give them the willies.

Boo!

She is a striking brunette with a decidedly outspoken attitude. She lambasts President Barack Obama as a socialist and has become the darling of America’s right-wing activists who flock to her appearances. She is hated by liberals and loved by conservatives.

Sarah Palin? Not quite. Meet Michele Bachmann, a Republican congresswoman from Minnesota who is being hailed as a new and increasingly powerful voice in American politics.

Bachmann, at 53, is a darling of the so-called Tea Party movement, which has campaigned vociferously against healthcare reform, the economic stimulus package and legislation to combat climate change. Her followers have been behind mass rallies in Washington and smaller ones all over the country. She has emerged as one of the most visible politicians in America, frequently appearing on the conservative Fox News channel, whose hosts often champion her causes.

She is part of an increasingly visible “female brand” of conservatism that is rising in America in the wake of the election of Obama. They include notable syndicated commentators such as Michelle Malkin and Ann Coulter, whose dislike for liberals has grown ever more shrill in recent months. And, of course, Palin herself. She is still a giant of the political and media landscape and next week embarks on a book tour to sell her autobiography. It has already sparked a media frenzy, with a heavily hyped appearance on Oprah Winfrey’s show, and become a huge bestseller on pre-orders alone.

All these women express a mood of conservative discontent that is becoming increasingly vocal and, some experts warn, extreme.

Yes, we’re “extreme.”

No apologies here for being extremely outraged at Washington’s ongoing generational theft, extremely mortified at our imperiled national security, extremely aggravated at the globe-trotting groveler-in-chief, and extremely disgusted with business-as-usual cronyism, pay-for-play thuggery in the Obama White House. …”

http://michellemalkin.com/2009/11/16/whos-afraid-of-conservative-women/

Related Posts On Pronk Palisades

Gingrich/Palin in 2012–Conservative Comeback Candidates–Newty and The Beauty

Newt Gingrich and Sarah Palin Go On Offense Againt The Radical Socialist Democratic Party and President Obama

Katie Couric Wins Walter Cronkite Award for Sarah Palin Attack Interview! Next: Retirement or Obama Press Secretary?

Palin Proud

Palin Persuasion–Reagan Redux–Palin Platoon Power!

Memo To Senator McCain: Turn Sarah Palin Loose

Guys and Gals Gaga and Giddy Over Governor Sarah Palin

The Unsinkable Sarah Palin for The American People vs. Condescending Charlie Gibson for The American Elites

Sweet Sarah Palin Knocks Out Bitter Barack Obama

Knight of Faith Sarah Palin vs. Knight of Infinity Barack Obama

Slugger McCain Hits a Grand Slam Homerun: Selects Alaskian Governor Sarah Palin as Vice-President Running Mate!

McCain/Romney vs. Obama/Biden: Landslide McCain Wins in November

Tom Coburn 

Obama’s Trick On The American People: Health Insurance Reform=Huge Hikes in Taxes and Premiums for Health Insurance and Massive Medicare Funding and Payment Reimbursement Cuts–Congressional Coercion–It’s Alive!

Republican Health Care Reform: The Patients’ Choice Act

Medical Doctor and Senator Tom Coburn On Health Care–Videos

The Senate Doctors Show–Videos

 

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Broom Budget Busting Bums: Replace The Entire Congress–Tea Party Express and Patriots–United We Stand!

Posted on August 31, 2009. Filed under: Blogroll, Communications, Culture, Economics, Employment, Energy, Fiscal Policy, government spending, Health Care, Investments, Law, liberty, Links, media, Medicine, Monetary Policy, People, Politics, Quotations, Raves, Regulations, Strategy, Talk Radio, Taxes, Video, Wisdom | Tags: , , , , , , , , , , , , |

broom_budget_busting_bums

Glenn Beck & Charles Payne Review US National Debt Clock, New Repubublic Series #1

 

US Deficit Estimate Jumps by $2 trillion – CNN

 

Headed for $9T Deficit in 10 Years

 

One Trillion Dollars Visualized from http://www.mint.com

 

Stop Spending Our Future – The Crisis

 

57% Of All Americans Want Replace All Of Congress

 
 

 

Tea Party Express – Health Care Protests – 35 Stops Nationwide

 

Glenn Beck – A Revolution Of Radical Communists–Maxine Waters

 

Glenn Beck – A Revolution Of Radical Communists – Van Jones

 

Glen Beck: Obama’s Brown Shirts

 

Officer Does Not Like anti-Obama Poster: “It ain’t [America] no more, OK?”

 

“…This video was taken on Tuesday, August 25th, 2009 at Rep. Jim Moran’s (D-VA) Town Hall meeting on Obama Deathcare (Howie Dean was there too) held at South Lakes High School in Reston, VA.
 

Many people were left outside when the school filled to capacity. School security officer Wesley Cheeks, Jr. did not like my anti-Obamacare poster which used one of the gone-viral “Joker” graphics.

When I said to Officer Cheeks, “This used to be America!” his response was: “It ain’t no more, OK?”

I feel sorry for Officer Cheeks. He, like many African-Americans are being played by the racist Obama administration. Wake up people. They used to want you only for your votes, but now with the huge hispanic illegals pouring in they won’t even need you for that. Watch those inner city abortion clinics get stimulated though. Democrat and church leaders sure seem to have time and money to build those.”

 

The American people are waking up to the hidden agenda of the progressive radical socialists Democratic Party led by Barack Obama and funded by George Soros, Wall Street bankers, unions, trial lawyers, and big business.

 

Glenn Beck: “Obama Surrounded By Radicals, Socialist, Marxists & Communists”

 

Independents especially want to get rid of them all–Democrats and Republicans alike–as soon as possible.

Four issues are being watched closely:

  1. Govenment Hostile Takeover of Health Care Insurance
  2. Cap and Trade Energy Tax
  3. Comprehensive Immigration Reform: Amnesty for Illegal Aliens
  4. Massive Multi-year Budget Deficits
  5. Rising Number of Unemployed Americans Exceeding the Great Depression!

Vote the wrong way on these issues and if you are a  Representative or a Senator you will find yourself out on the street after the November 2010 and 2012 elections.

Older voters, employers and independents have already been lost by Obama.

The young will be next once they learn they must buy health care insurance or be taxed!

The Stimulus package has been a total failure with eight months of rising unemployment rates.

Expect the unemployment rate to exceed 10% in September with between 15,000,000 to 25,000,000 Americans seeking full time employment.

Be Bold!

Follow Facts!

Bring your brooms to the September 12 rally in Washington D.C.

Join the Tea Party Express!

tea_party

 

http://www.teapartyexpress.org/

 

tour_schedule

 

In or Out in 2010

Write your elected Representative and Senator and ask him or her where they stand on the issues:

 

Dear Mr. Politician, yes or no:

1. I believe in a balanced budget and therefore will vote for a freeze in government spending until that goal is realized.

2. I believe government should not increase the financial burden on its citizenry during difficult economic times therefore I will oppose all tax increases until our economy has rebounded.

3. I believe more than four decades of U.S. dependence on foreign oil is a travesty therefore I will support an energy plan that calls for immediately increasing usage of all domestic resources including nuclear energy, natural gas, and coal as necessary.

4. I believe in the sovereignty and security of our country and therefore will support measures to close our borders except for designated immigration points so we will know who is entering and why and I will vehemently oppose any measure giving another country, the United Nations, or any other entity, power over U.S. citizens.

5. I believe the United States of America is the greatest country on earth and therefore will not apologize for policies or actions which have served to free more and feed more people around the world than any other nation on the planet.

If your politician doesn’t believe, support or reflect these beliefs in their actions (not the little words they say), then they aren’t supporting you. More importantly, they aren’t supporting, protecting or defending the Constitution and it’s time to vote the bums out.

http://www.foxnews.com/story/0,2933,544163,00.html

LOL

Ted Kennedy & The Health Care Town Halls

 

The Unbelieveable Übermensch Ted Kennedy–No Shame–R.I.P.

 

 

Background Articles and Videos
 

57% Would Like to Replace Entire Congress

“…If they could vote to keep or replace the entire Congress, just 25% of voters nationwide would keep the current batch of legislators.

A new Rasmussen Reports national telephone survey finds that 57% would vote to replace the entire Congress and start all over again. Eighteen percent (18%) are not sure how they would vote.

Overall, these numbers are little changed since last October. When Congress was passing the unpopular $700-billion bailout plan in the heat of a presidential campaign and a seeming financial industry meltdown, 59% wanted to throw them all out. At that time, just 17% wanted to keep them.

There has been a bit of a partisan shift since last fall. With Democrats controlling both chambers of Congress, it’s not surprising to find that the number of Democrats who would vote to keep the entire Congress has grown from 25% last fall to 43% today. In fact, a modest plurality of Democrats would now vote to keep the legislators. Last fall, a plurality of Democrats were ready to throw them all out. …”

 

“…While Democrats have become more supportive of the legislators, voters not affiliated with either major party have moved in the opposite direction. Today, 70% of those not affiliated with either major party would vote to replace all of the elected politicians in the House and Senate. That’s up from 62% last year.

Republicans, not surprisingly, overwhelmingly support replacing everyone in the Congress. Their views have not changed. But Republican voters are disenchanted with their team as much as the Congress itself: 69% of GOP Voters say Republicans in Congress are out of touch with the party base. …”

http://www.rasmussenreports.com/public_content/politics/general_politics/august_2009/57_would_like_to_replace_entire_congress

Rasmussen Poll: Kick Congress Out!

Race-baiter Democrat Rep. Diane Watson praises Cuban health system, Castro & Guevara who “kicked out the wealthy”

By Michelle Malkin 

watson

 

“…Longtime readers of this blog will be quite familiar with race-baiting Democrat Rep. Diane Watson of California.

She attacked Ward Connerly for marrying a white woman.

She bragged about Washington, D.C. being a “chocolate city.”

She polluted the Hurricane Katrina aftermath with race card-playing nonsense.

Thanks to KABC, there’s audio of Watson heaping praise on Castro, Guevara, and the Cuban health system at her town hall meeting last night — as well as injecting her usual racial poison into the health care debate. (For a reminder of what Cuban health care is really like, click here.)

wrote up a transcript of her remarks. Bring an airsickness bag before reading: …”

http://michellemalkin.com/2009/08/28/race-baiter-democrat-rep-diane-watson-praises-cuban-health-system-castro-guevara-who-kicked-out-the-wealthy/

 

Diane Watson

“…Diane Edith Watson (born November 12, 1933), American politician, has been a member of the United States House of Representatives since 2001. She represents California’s 33rd congressional district (map). It is entirely in Los Angeles County and includes much of Central Los Angeles, including some wealthy neighborhoods such as Los Feliz. She ran unopposed in the 2006 mid-term election. …”

“…Congresswoman Watson supports withdrawal of U.S. troops from Iraq[2], opposes media consolidation [3], supports expanding welfare coverage [4] and opposed President Bush’s proposal to privatize Social Security[5]. Watson opposed the Bush tax cuts, saying they were unaffordable.

She was one of the 31 members of the House who voted not to count the electoral votes from Ohio in the United States presidential election, 2004.[6]

In 2006, the National Journal ranked Watson as the most liberal member of Congress.[7]

…”

“… She has expressed admiration for Fidel Castro, the Cuban Revolution, and the Cuban Healthcare System. …”

http://en.wikipedia.org/wiki/Diane_Watson

EXPOSED: Congresswoman Diane Watson Suggests Obama’s Critics Racist, Drools Over Communist Castro

 

Nazi-invoking Democrats complain: Rush is calling us Nazis!

By Michelle Malkin  •  August 6, 2009 06:55 PM

“…I just received an un-freaking-believable e-mail from the Democratic Congressional Campaign Committee. The entire Democrat machine has been tarring Tea Party activists and townhall protesters as Brown Shirts and fascists…and now they’re whining about Rush Limbaugh challenging their own fascist behavior.

When in trouble, bash Rush.

Who needs the Comedy Channel? It’s Godwin’s Law gone wild. …”

http://michellemalkin.com/2009/08/06/nazi-invoking-democrats-complain-rush-is-calling-us-nazis/

  

America is Finished…

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Obama’s Hidden Agenda and Covert Cadre of Marxists, Communists, Progressives, Radicals, Socialists–Far Left Democrats Destroying Capitalism and The American Republic

Obama’s Civilian National Security Force–Youth Corp Wave–Friendly Fascism Faces–Cons–Crooks–Communists–Communities–Corps!

Obama Youth–Civilian National Security Force–National Socialism–Hitler Youth–Brownshirts– Redux?–Collectivism! 

Cloward Piven Strategy–The Crisis Strategy Of Barack Obama

Yuri Bezmenov On KGB Soviet Propaganda and Subversion–Videos

George Soros: Government Interventionist and Global Socialist–Obama’s Puppeter Master–Videos

Soros Funded and Obama’s Manufactured Hate Generator–The Southern Poverty Law Center–Disinformation Propaganda Campaign

George Soros: Barack Obama’s Money Man and Agenda Puppeter

Obama–Ayers–Chicago Annenberg Challenge–ACORN–Radical Socialists–Terrorist Bombers–Videos

Barack Obama’s Socialist Green Commissar Carol Browner

Crazy Corrupt Climate Cult Czarina Carol’s Crystal Clear Criminal Communication–Coverup!

Outting Obama: Radical Racist Rabble Rouser Reader

Eugenics–Rockefeller–United Nations–Population Control–Holdren–Abortions/Sterilization–Browner–Cap and Trade–Obama–Compulsory Socialized Medicine–Euthanasia–Transhuman–Brave New World!–Videos

GE–General Electric Plugged Puppet President Pinocchio–P3–Time To Unplug Jeff Immelt and GE!

General Electric’s Jeff Immelt Either Unplugs Maddow & Olbermann on MSNBC or Gets Unplugged For Supporting Serial Baby Mass Murderer!

Public Option = Government Option = Pathway to Single Payer = Single Payer = Socialized Medicine = Blue Pill = Poison Pill

Liberal Fascism–Jonah Goldberg–Videos

Fact 1. Federal Government Health Insurance Is Compulsory–Kill The Bill–H.R. 3200

Patient Empowerment: Health Savings Accounts–High Deductible Catastrophic Health Insurance–Affordable, Portable, Fair, Individual Health Care Plan–Consumer Driven Health Care Reform!

The Dangers Of A Single Payer Health Care System: Ronald Reagan On Socialized Medicine and Friedrich A. Hayek On State Monopoly

The American People Believe The Government Public Option Plan Is The Path To The Single Payer Government Plan–Socialized Medicine–Obama Caught Lying To The American People!

The American People Confront Obama’s Red Shirts (ACORN) and Purple Shirts (SEIU)–Bullhorns and Beatings Over Obama Care!

The Obama Depression Has Arrived: 15,000,000 to 25,000,000 Unemployed Americans–Stimulus Package and Bailouts A Failure–400,000 Leave Labor Force In July!

Obama’s Marching Orders For His Red Shirts (ACORN), Purple Shirts (SEIU) and Black Shirts (New Panther Party)–Progressive Radical Socialists

Health Care Resources

Republican Health Care Reform: The Patients’ Choice Act

Medical Doctor and Senator Tom Coburn On Health Care–Videos

The Senate Doctors Show–Videos

Obama’s Waterloo– Government Compulsory Single Payer Socialized Medicine!–Videos

President Obama’s Plan of Massive Deficit Spending Is Destroying The US Economy–The American People Say Stop Socialism BS Now!

The Bum’s Rush of The American People: The Totally Irresponsible Democratic Party Health Care Bill and Obama’s Big Lie Exposed

Chairman Obama’s Progressive Radical Socialist Health Care Bill Kills Individual Private Health Care Insurance–Join The Second American Revolution!

The Obama Big Lie and Inconvenient Truth About Health Care–The Public Option Trojan Horse–Leads To A Single Payor Goverment Monopoly of Health Care and The Bankruptcy of USA!

The Obama Public Option Poison Pill For A Government Health Care Monopoly–Single Payer System–Betting Your Life and Paying Though The Nose

Government Bureaucracy: Organizational Chart of The House Democrats’ Health Plan

Dr. Robert W. Christensen–Videos

John Stossel–Sick In America–Videos

Peter Singer–Videos

The Economic Consequences of Barack Obama’s Radical Socialist Agenda–Videos

Obama Cult Commercial: Barack Obama Practices The 48 Laws of Power On You!

Obama’s Opague Oppression–Collectivist Czars Or Commissars–Terminate Tyrants Tea Parties–Join The Second American Revolution

The American People Confront Obama’s Red Shirts (ACORN) and Purple Shirts (SEIU)–Bullhorns and Beatings Over Obama Care!

Obama’s Marching Orders For His Red Shirts (ACORN), Purple Shirts (SEIU) and Black Shirts (New Panther Party)–Progressive Radical Socialists

Discover The Left’s Organized Crime Network–Crime Pays–Organized Crimes Pays More–Apply for Census Taker Jobs!

ACORN Or Association of Community Organizations for Reform Now–Good Intentioned People Lead By Criminal Organizers–Demand A Special Prosecutor To Investigate!–Videos

ACORN–Association of Community Organizations for Reform Now–Obama’s Red Shirts

Obama–ACORN–CRA–Congress–Democratic Party–Fannie Mae–Barrack Obama’s Kansas Values–Killing Babies in Cold Blood?

Voters Beware: The Radical Rules of Saul Alinsky and Leftist Democrats

Mark Lloyd, FCC Diversity Czar, and Cass Sustein, Regulatory Czar: Progressive Radical Socialist Silencing of Free Speech On Internet Blogs and Talk Radio

Censorship Commissar for AM and Internet Talk Radio–Henry Waxman–The Face of Progressive Liberal Fascism!

The Talk Radio Audiences Revolt Against Fairness Doctrine

Obama’s Hidden Agenda and Covert Cadre of Marxists, Communists, Progressives, Radicals, Socialists–Far Left Democrats Destroying Capitalism and The American Republic

Apollo Alliance and Obama’s Green Czar Van Jones: Greens on The Outside–Reds On The Inside–Big Greens, Big Unions, Big Foundations, Big Business, Big Bucks, Big Taxes–Videos

Barack Obama’s Socialist Green Commissar Carol Browner

Crazy Corrupt Climate Cult Czarina Carol’s Crystal Clear Criminal Communication–Coverup!

Cloward Piven Strategy–The Crisis Strategy Of Barack Obama

Outting Obama: Radical Racist Rabble Rouser Reader

Rush Right–Obama Destroying the Economy on Purpose–Limbaugh Lambastes Leftists!

Rush Limbaugh: Obama is Destroying the Economy!–Videos 

Yuri Bezmenov On KGB Soviet Propaganda and Subversion–Videos

George Soros: Government Interventionist and Global Socialist–Obama’s Puppeter Master–Videos

Soros Funded and Obama’s Manufactured Hate Generator–The Southern Poverty Law Center–Disinformation Propaganda Campaign

George Soros: Barack Obama’s Money Man and Agenda Puppeter

Obama–Ayers–Chicago Annenberg Challenge–ACORN–Radical Socialists–Terrorist Bombers–Videos

Eugenics–Rockefeller–United Nations–Population Control–Holdren–Abortions/Sterilization–Browner–Cap and Trade–Obama–Compulsory Socialized Medicine–Euthanasia–Transhuman–Brave New World!–Videos

GE–General Electric Plugged Puppet President Pinocchio–P3–Time To Unplug Jeff Immelt and GE!

General Electric’s Jeff Immelt Either Unplugs Maddow & Olbermann on MSNBC or Gets Unplugged For Supporting Serial Baby Mass Murderer!

Public Option = Government Option = Pathway to Single Payer = Single Payer = Socialized Medicine = Blue Pill = Poison Pill

Liberal Fascism–Jonah Goldberg–Videos

Fact 1. Federal Government Health Insurance Is Compulsory–Kill The Bill–H.R. 3200

Patient Empowerment: Health Savings Accounts–High Deductible Catastrophic Health Insurance–Affordable, Portable, Fair, Individual Health Care Plan–Consumer Driven Health Care Reform!

The Dangers Of A Single Payer Health Care System: Ronald Reagan On Socialized Medicine and Friedrich A. Hayek On State Monopoly

The American People Believe The Government Public Option Plan Is The Path To The Single Payer Government Plan–Socialized Medicine–Obama Caught Lying To The American People!

The American People Confront Obama’s Red Shirts (ACORN) and Purple Shirts (SEIU)–Bullhorns and Beatings Over Obama Care!

The Obama Depression Has Arrived: 15,000,000 to 25,000,000 Unemployed Americans–Stimulus Package and Bailouts A Failure–400,000 Leave Labor Force In July!

Obama’s Marching Orders For His Red Shirts (ACORN), Purple Shirts (SEIU) and Black Shirts (New Panther Party)–Progressive Radical Socialists

Health Care Resources

Republican Health Care Reform: The Patients’ Choice Act

Medical Doctor and Senator Tom Coburn On Health Care–Videos

The Senate Doctors Show–Videos

Obama’s Waterloo– Government Compulsory Single Payer Socialized Medicine!–Videos

President Obama’s Plan of Massive Deficit Spending Is Destroying The US Economy–The American People Say Stop Socialism BS Now!

The Bum’s Rush of The American People: The Totally Irresponsible Democratic Party Health Care Bill and Obama’s Big Lie Exposed

Chairman Obama’s Progressive Radical Socialist Health Care Bill Kills Individual Private Health Care Insurance–Join The Second American Revolution!

The Obama Big Lie and Inconvenient Truth About Health Care–The Public Option Trojan Horse–Leads To A Single Payor Goverment Monopoly of Health Care and The Bankruptcy of USA!

The Obama Public Option Poison Pill For A Government Health Care Monopoly–Single Payer System–Betting Your Life and Paying Though The Nose

Government Bureaucracy: Organizational Chart of The House Democrats’ Health Plan

Dr. Robert W. Christensen–Videos

John Stossel–Sick In America–Videos

Peter Singer–Videos

The Economic Consequences of Barack Obama’s Radical Socialist Agenda–Videos

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The Truth President Obama: You Are Spending And Taxing The United States Into Radical Socialism And Bankruptcy!

Posted on March 25, 2009. Filed under: Blogroll, Books, Communications, Economics, Employment, Energy, Investments, Links, People, Philosophy, Politics, Quotations, Raves, Regulations, Resources, Taxes, Uncategorized, Video | Tags: , , , , , |

Obama Spends Recklessly

 red_socialism

 

Obama administration breaking the law


 

Summary of Americas Current Economic Condition

U.S. – A Nation of Debt

US National Debt Clock

http://www.brillig.com/debt_clock/

 

President Obama’s  2010 Budget Projected 

Budget Deficits

National Debt Increases

 2010_budget_-_deficit_and_debt_increases1

http://upload.wikimedia.org/wikipedia/en/3/3b/2010_Budget_-_Deficit_and_Debt_Increases.png

 

president_obama_budget_national_debt

http://www.heritage.org/Research/budget/bg2249.cfm

family_spending_per_household

 

Obama forecasts mammoth budget deficit

Among conservatives and libertarians President George W. Bush was a great disappointment in terms of massive budget deficits and running up the National Debt.

However, President Obama’s budget proposals would result in deficits over four times that of President Bush.

Even the Congressional Budget Office is characterizing the deficits as unsustainable.

In order to partially pay for these huge increases in government spending, a new tax on energy is being proposed–the cap and trade tax.

The cap-and-trade energy tax will impact every American that uses electricity, drives a car or truck, or buys goods and services from businesses who use electricity and transportation.

The cap and trade carbon tax’s real purpose is not to stop or mitigate man-made climate change by reducing carbon dioxide emissions.

Carbon dioxide is not a pollutant.

Nor is carbon dioxide or man’s carbon emissions the primary cause or driver of global climate change.

However, that is the story or fraud the radical socialist peddle to the ignorant.

The majority of American  people think it is rubbish.

They will not sit silently by as their electrical bills and gasoline prices rise due to a tax increase.

There will be a tax revolt over any proposed carbon or cap-and-trade tax.

Instead, the new tax will be used to fund a much bigger government and budget for Socialized Medicine, Alternative Energy subsidies for wind and solar power, even more money for education and massive bailouts for failing businesses.

Those who do not pay Federal Income Taxes now will still be hit with higher electricity bills and gasoline prices if the cap and trade  carbon tax is passed.

Furthermore, the deficits will need to be financed by selling Federal Government notes and bills.

This will significantly increase the National Debt from about $11 trillion today  to over $14 trillion by the end of 2012.

No wonder several countries including Communist China have proposed a new international reserve currency to replace the US dollar.

Amazingly the Treasury Secretary, Timothy Geithner, actually said it is an idea worth serious consideration.

President Obama quickly made it known at his press conference that he does not support a global currency.

World Government and New Global Currency – 3.24.2009 – Glenn Beck

Hear The Truth America news: Obama: ‘I don’t support a global currency’

President Obama is wrecking the US economy, destroying  jobs, and devaluing the US dollar, what did you expect from the most inexperienced and first radical socialist to be elected President.

Actually, I was expecting exactly this and tried to warn people about it, few were listening.

Now they are starting to listen and are getting sacred. 

America is turning against Obama

Soon, President Obama , you too will join Prime Minister Brown and become the devalued President of a devalued Government.

Daniel Hannan MEP: The devalued Prime Minister of a devalued Government 

obama_tax_increase

  

Background Articles and Videos

British Political Hero Daniel Hannan Talks with Glenn Beck

 

Deficit Projected To Swell Beyond Earlier Estimates

CBO Expects Trillions More in Borrowing

 

By Lori Montgomery

Washington Post Staff Writer
Saturday, March 21, 2009; Page A01

“…In the first independent analysis of Obama’s budget proposal, the nonpartisan Congressional Budget Office concluded that Obama’s policies would cause government spending to swell above historic levels even after costly programs to ease the recession and stabilize the nation’s financial system have ended.

Tax collections, meanwhile, would lag well behind spending, producing huge annual budget deficits that would force the nation to borrow nearly $9.3 trillion over the next decade — $2.3 trillion more than the president predicted when he unveiled his budget request just one month ago.

Although Obama would come close to meeting his goal of cutting in half the deficit he inherited by the end of his first term, the CBO predicts that deficits under his policies would exceed 4 percent of the overall economy over the next 10 years, a level White House budget director Peter R. Orszag yesterday acknowledged would “not be sustainable.”

The result, according to the CBO, would be an ever-expanding national debt that would exceed 82 percent of the overall economy by 2019 — double last year’s level — and threaten the nation’s financial stability.

“This clearly creates a scenario where the country’s going to go bankrupt. It’s almost that simple,” said Sen. Judd Gregg (N.H.), the senior Republican on the Senate Budget Committee, who briefly considered joining the Obama administration as commerce secretary. “One would hope these numbers would wake somebody up,” Gregg said.

In the first independent analysis of Obama’s budget proposal, the nonpartisan Congressional Budget Office concluded that Obama’s policies would cause government spending to swell above historic levels even after costly programs to ease the recession and stabilize the nation’s financial system have ended.

Tax collections, meanwhile, would lag well behind spending, producing huge annual budget deficits that would force the nation to borrow nearly $9.3 trillion over the next decade — $2.3 trillion more than the president predicted when he unveiled his budget request just one month ago.  …”

http://www.washingtonpost.com/wp-dyn/content/article/2009/03/20/AR2009032001820.html

 

The Obama Budget: Spending, Taxes, and Doubling the National Debt
by Brian M. Riedl
Backgrounder #2249

“…During his presidential campaign, President Barack Obama promised the American people a “net spending cut.”1

Instead, he signed a “stimulus” bill that spends $800 billion, and he has proposed a budget that would:

  • Increase spending by $1 trillion over the next decade;
  • Include an additional $250 billion placeholder for another financial bailout;
  • Likely lead to a 12 percent increase in discretion­ary spending;
  • Permanently expand the federal government by nearly 3 percent of gross domestic product (GDP) over pre-recession levels;
  • Raise taxes on all Americans by $1.4 trillion over the next decade;
  • Raise taxes for 3.2 million taxpayers by an average of $300,000 over the next decade;
  • Call for a pay-as-you-go (PAYGO) law despite offering a budget that would violate it by $3.4 trillion;
  • Assume a rosy economic scenario that few econo­mists anticipate;
  • Leave permanent deficits averaging $600 billion even after the economy recovers; and
  • Double the publicly held national debt to over $15 trillion ($12.5 trillion after inflation).2

Before the recession, federal spending totaled $24,000 per U.S. household. President Obama would hike it to $32,000 per household by 2019— an inflation-adjusted $8,000-per-household expan­sion of government. Even the steep tax increases planned for all taxpayers would not finance all of this spending: The President’s budget would add trillions of dollars in new debt.[1][2] …”

http://www.heritage.org/Research/budget/bg2249.cfm

 

Obama’s budget FOUR TIMES THE DEFICITS OF BUSH

“… President Barack Obama‘s budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush’s presidency, congressional auditors said Friday.

The new Congressional Budget Office figures offered a far more dire outlook for Obama’s budget than the new administration predicted just last month — a deficit $2.3 trillion worse. It’s a prospect even the president’s own budget director called unsustainable.

In his White House run, Obama assailed the economic policies of his predecessor, but the eye-popping deficit numbers threaten to swamp his ambitious agenda of overhauling health care, exploring new energy sources and enacting scores of domestic programs. …”

http://www.ireport.com/docs/DOC-233039

IOUSA part 1 of 8

 

IOUSA part 2 of 8

 

IOUSA part 3 of 8

http://www.youtube.com/watch?v=urd13kgsxs0&feature=related

 

IOUSA part 4 of 8

 

IOUSA part 5 of 8

 

IOUSA part 6 of 8

 

IOUSA part 7 of 8

 

IOUSA part 8 of 8

 

 

Obama’s New Budget Deficit Math
Lee Cary

“…So, President Obama is folding his $1 trillion stimulus package (when you roll in interest) into the ’09 budget deficit and hanging it around the previous administration’s neck. No surprise there. It’ll be positioned as his inheritance.

Let’s look back. Here’s the litany of Bush deficits from 2004-2008:

2004: $412.5 billion
2005: $318.6
2006: $247.7
2007: $162.8
2008: $454.8
Source – The Government Accounting Office (GAO) document, “A Citizens Guide to the 2008 Financial Report of the United States of America: The Federal Government’s Financial Health”

In old math calculations, the total deficit spending from 2004-2008 (the last 5 years of Bush’s second term in office) was $1.596 trillion and change.

At this