RSS

Category Archives: Budget

Who Says There is No Growth Under Obama?

The number of people on Federal Disability has DOUBLED during his 3 inglorious years.  5.4 Million people have been added to the roles since his presidency, putting the total at 10.8 million.

Yes, that 10.8 million people with a vested interest in growing the size of government.  I suspect many of these people are not so disabled that they won’t be able to hobble to the polls in November to vote to keep themselves a meal ticket.

And don’t get me wrong.  My snark is not directed against those who truly are disabled and are truly deserving.  But I know that some people get disability due to substance dependency, of all things.  So, we should really give them the money to continue their lifestyles.

More people riding

 

Mark Levin outlines the conservative vision for Romney 2012

Growing more and more frustrated with Mitt Romney’s inability to articulate the conservative message while campaigning, the Great One delivers an example of what Romney should be saying as only Levin can.

 

 

Virginia Senate Democrats vote to kill budget bill, Governor McDonnell’s response.

What is it about Senate Democrats and their inability to pass a budget?

Democrats in Virginia’s Senate have voted to reject the latest budget bill over $300 million in transportation funds to cushion the blow of tolls in Northern Virginia. The tolls are to pay for the extension of MetroRail from Tysons Corner in Fairfax County to Washington Dulles International Airport and Governor Bob McDonnell responded with a sharp critique.

“Today, Senate Democrats cast the most fiscally reckless vote I have witnessed in my 21 years in office. They have killed an $85 billion state budget that benefits all Virginians, for one earmark regarding an 11.4 mile rail project in one district of the Commonwealth. That is extremely irresponsible. Senate Democrats, again, put partisan politics ahead of the needs of 8 million Virginians. They brought their political agendas to the Senate floor, and in the process have put at risk a Bristol teacher’s paycheck, a Chesterfield sheriff’s salary, healthcare for a senior citizen in Hampton, road projects in Richmond, and the fiscal soundness of the entire Commonwealth.”

What leads you to think that the Democrats objection is contrived and disingenuous, is that this scheme was created years ago by Democrat Governor Tim Kaine.

Since 2009, when Governor Tim Kaine signed the deal on the tolls and the rates were publicized, and no state funding was provided, Senate Democrats were silent. They offered no objections to the tolls for nearly three years. Then, at the very end of this session, after killing two budgets on the floor, Senate Democrats decided that they would make that their next issue. This will have serious consequences for all Virginians.

Read the full response from Governor McDonnell here

 

 

Bill Whittle Throws Down the Gauntlet

This is his finest Afterburner yet and that’s saying something.

In ‘Merchants of Despair’ he catalogs all of the major misdeeds and malevolence of the Obama administration and at the end he speaks to you conservatives that sit on the couch on election day.

How do we find these bellyaching nonpartisipants, register them to vote and get them to the polls this November? That is the challenge and the only solution to our national despair.

And of course, as I always do when I post a new Whittle video, I urge you to go to PJTV and become a subscriber.

 

Mark Steyn on Flukemania

The always insightful and hilarious Mark Steyn finally weighs in on the charade surrounding the 30 year old child, Sandra Fluke’s perfectly sensible demand that we pay for her contraception and that a Catholic institution should be forced to violate its religious principles in order to accommodate her. That president Obama and the Democrats gleefully used this useful idiot to advance their big government desires granting the plebes protection for their sexual romps while stealing liberty with the other hand is not really surprising.

Bread and Circus. And Condoms.

Fantastic artwork from iMaksim. Click on the image to embiggen it.

All of us are born with the unalienable right to life, liberty, and a lifetime supply of premium ribbed silky-smooth ultrasensitive spermicidal lubricant condoms. No taxation without rubberization, as the Minutemen said. The shot heard round the world, and all that.

He’ll be filling in for Rush on Monday, so if you don’t want to go read the whole thing, I’m sure a portion of it will be covered then.

Aside from the sheer ridiculousness of the phoney congressional hearing, and aside from the moral implications, and aside from a government imposing tyrannical dictates on the people, the issue Steyn focuses on is whether this debtor nation can afford to do what Obama and the Democrats want to do.

Should we borrow money from China to pay for Sandra Fluke’s rampant promiscuity?

 

Virginia Senate Democrats block budget passage for all the wrong reasons

There is a budget impasse in the Commonwealth of Virginia and it has nothing to do with budget issues such as state spending or tax policy. No, the Democrats are now  obstructing a budget plan that was constructed through bipartisan collaboration and cooperation in an effort to reorganize some committees to give their party more power. Democrat Senators Richard L. Saslaw and A. Donald McEachin are asking for more seats on crucial committees. They have also requested that the powerful Senate Finance Committee be co-chaired by a Republican and Democrat.

The current stalemate is set up by an intricacy within the Virginia Constitution that requires the votes of 21 senators to pass a budget. The lieutenant governor cannot cast a tie-breaking vote. With 20 Republican senators and 20 Democrat senators, passage of the budget requires bipartisan cooperation — and the Senate had been working cooperatively. The Senate plan includes countless amendments that were introduced by Democrats and reflects the top priorities they have publicly expressed. Indeed, the spending plan constructed by the Senate Finance Committee can be fairly characterized as the most bipartisan budget proposal advanced in recent history.

Republican Senator Ryan McDougle explains some of the budget compromises;

Democrats objected to increasing the portion of the sales tax dedicated to transportation. They objected to what they saw as an inadequate level of funding for education. They were concerned about funding levels for Medicaid. All of these concerns were addressed in favor of Democrats, with the Senate incorporating their stands into the budget. No additional sales tax revenues are being redirected to transportation, public education is funded at higher levels than achieved in recent budgets passed during Democratic control of the Senate, and health care was funded at a level higher than either the governor’s or the House’s budget proposal.

McDougle also cautions that allowing budget negotiations to revolve around issues entirely unrelated to the budget could set a dangerous and lasting precedent, creating potential for the budget to be held hostage every year due to unrelated legislative disputes.

Some may ask, if the Senate is split 20-20, why not share power? Well, truth be known, despite the even split the voters of Virginia actually gave a mandate to Republicans in 2011. In early 2011 the Democrat controlled Senate crafted a hyper-partisan redistricting plan intended to ensure control by their party regardless of the expressed will of the voters. In spite of this effort the Republicans won control in the November 2011 election. Republican candidates for Senate out-polled their Democrat counterparts by 57 percent to 40 percent. But gerrymandered districts skewed that result, electing more Democrats than the popular vote reflected.

The balance of power in the Senate now rests with its presiding officer, Lt. Gov. Bill Bolling, a Republican. Coincidently, Bolling won 57 percent of the vote in his most recent election in 2009. So while the new Republican majority may be numerically narrow, it reflects the clearly expressed preferences of the 57 percent of Virginians who voted Republican for Senate in 2011 and lieutenant governor in 2009.

Virginia Senate Democrats worked hard to win concessions in this budget and they now have a choice; stop obstructing and pass this budget or continue to make non-budgetary demands and shut down the commonwealth which will undoubtedly result in a negative backlash. Is there one courageous Democrat left in the Virginia Senate?

To his credit Governor Bob McDonnell has talked with many members of the Senate Democratic caucus, in an effort to break the standoff. McDonnell commented,

“There are many over there that truly are statesmen, really do want to see Virginia be put first, and I think that they don’t want to be in the embarrassing situation of having to look their constituents in the eye and [say], ‘I killed the Senate budget because I wanted to have more power and better committees,’” he said. “That’s not a good argument. That’s not the way people on either side do things around here.”

 

Obama’s new Corporate Tax Cut. Did I say “Cut”? I meant “Hike”

The latest strategy from Obama is to sell his new Corporate Tax Cut, lowers the overall rate from 35% to 28%, but as with all Obama parlor tricks, it eliminates many deductions that allow corporations to pay less than the 35% rate under the current system.

Also, brand new to the table is the provision that profits that are made from overseas will now be taxed even if the money is never brought back to the United States.

This is going to have devastating impact on companies like Ford, IBM and Caterpillar, to name but a few.

That means that many businesses that slip through loopholes or enjoy subsidies and pay an effective tax rate that is substantially less than the 35 percent corporate tax could end up paying more under Obama’s plan.

Obama, acting like the common street hustler that he is, is perpetrating an election year class envy hoax on the gullible and this is nothing but a con designed to whip up class envy and finally punish the successful by advancing his socialist wealth redistribution scheme.

The Republican candidates need to pound this and pound it loudly and without end.

Exit question: If this new corporate tax proposal actually comes into being, and it is admittedly a long shot at best, will General Electric and Government Motors finally have to pay taxes?

 

Raise my debt limit

h/t: Pedro

 

Paul Ryan exposes Geithner/Obama Budget fail, or “We don’t have a definitive solution… We just don’t like yours”

 

House finance committee chairman Paul Ryan grilled Treasury Secretary Tim Geithner  on the failure of the proposed budget to work towards solving our long-term debt crisis. Instead of dealing head-on with a $99.4 trillion dollar liability, the Geithner/Obama budget does nothing to avert the looming debt crisis. Geithner’s answer is that his budget stabilizes our current insanely high debt for a few years but does not fix it. Ryan is right, it is all about confidence and trajectory and this budget will not bode well with credit rating agencies or those who might invest in U.S. debt and will result in default.

Presidents and Secretaries of the Treasury have a responsibility to fix problems, this administration and this budget are an epic fail when it concerns future financial liabilities. As Ryan said, “Our Government is making promises to Americans that it has no way of accounting for them!

 
2 Comments

Posted by on February 17, 2012 in Barack Obama, Budget, Paul Ryan, Spending

 

What we’re up against. It ain’t pretty.

Bill Whittle does the math on the upcoming election in his latest Firewall called ‘The Vote Pump’.  You won’t like the answer because you already know it.  Whittle just shows you the picture in a new and refreshing way.

Declaration Entertainment link.

 
 
Follow

Get every new post delivered to your Inbox.

Join 405 other followers

%d bloggers like this: