Tag Archive

Largest Drop in Federal Tax Revenues Since Great Depression

Remember how irresponsible the Liberals said George W. Bush was for spending money on Iraq when the economy was in such bad shape, by their reckoning?
Well, he doesn’t hold a candle to Obama’s spendfest in the face of the single largest one-year drop in tax revenues since the Great Depression.
At this rate, Social Security is [...]

Liberal Policies Hit Home

I got my property valuation notice in the mail today. Thanks to the idiocy brought to us in part by the unintelligible, mush-mouthed, paste-eating, clown-act Bawney Fwank, I have now lost 50% of the equity in my home.
Honorable mentions go to Chris Dodd (currently under Congressional investigation for corruption), Maxine Waters, Gregory Meeks, Franklin Raines, [...]

The Waxman-Markey $9 Trillion Cap-and-Tax Bill

The liberal Brookings Institute yesterday released an analysis of the Waxman-Markey cap-and-trade bill. The bill has been presented by the Democrats as a way to reduce greenhouse gas emissions by 83% by 2050. It accomplishes the goal via the now-infamous cap-and-trade system, which would negatively affect 85% of the economy.  Click to view the presentation.
The [...]

Obama Budget Raises Deficit To Record Highs

The Office of Management and Budget is predicting a higher-than-expected, $1.8 Trillion budget deficit for 2009 and a $1.3 Trillion deficit for 2010, according to a statement released by Peter Orszag, Director of the OMB.
The effect is the same as making $50,000 per year, but spending $100,000 a year. It is mathematically impossible to pay [...]

Obama’s $17 Billion Budget Cut

Pres. Obama has increased the amount to be cut from the federal budget to a whopping $17 Billion. I remember when $17 Billion would have made a pretty good dent in the budget. Of course, I was three years old at the time.
Obama has been touting the significance of his $17 Billion budget cut. Funny…it [...]

Jason Chaffetz Works To Expose Cap And Trade Realities

Michelle Malkin has good things to say about Jason Chaffetz on her blog. She is referring specifically to Rep. Chaffetz’s Cap and Trade Disclosure Act, for which he is currently seeking co-sponsors.
The Republican Study Committee reports:

Rep. Jason Chaffetz is seeking original cosponsors for the Cap-and-Trade Tax Disclosure Act which will require utility companies to disclose [...]

Video: John Kyl – The Most Expensive 100 Days

Fact-Checking Obama

Tonight’s Presidential Press Conference has been followed by some pretty good fact checking of his claims by writers from the AP (color me surprised).
A few things stand out, though.
Obama still insists on pushing the blame for the recession back onto the Bush Administration. Never does he acknowledge that his policies have had a big hand [...]

Obama’s Budget Too Much For EU Chief

According to ABC News today, the President of the European Union said that Obama’s budget proposal was a”road to Hell.” True to form, the leaders of France, German, and Great Britain promptly ignored him.
In my opinion, Czech Prime Minister Mirek Topolanek is correct, but an even better description of Obama’s policies was used as the [...]

Obama Pitches Economic Recovery Plans

For those keeping score, Mr. Obama is setting records now for prevaricating while on duty. It’s getting hard to track.
Mr. Obama made several claims in his press conference this evening that deserve a second look.
Mr. Obama is confident that his economic plan will encourage growth over the next 10 years or so. When challenged with [...]