Some of you may have been concerned when “The Things I Think” was not updated last week. Some of you were probably thinking, “Has he given up…has President Obama and the Socialist march of the Left finally caused him to give up?"
Have no fear, I was simply in Disney World. The great thing about Disney World is that the resort is its own community. I have no idea how big it actually is, but it has to be in the hundreds of thousands of acres. It has its own roads, its own restaurants, its own shopping areas. It even has several of its own TV channels available to watch. In other words, it is easy to forget that the rest of the world is still operating as usual while you enjoy your fantasy vacation…
Apparently, President Obama and his staff are also vacationing in the new part of Disney called Socialist Land. For weeks the President warned us about the perils of the economic woes of the country, using words like “disastrous”, “catastrophic”, “depression”, and phrases such as: “The worst economy in decades.” Suddenly, this week, comes a flurry of optimism from the President and his financial henchmen about the sound fundamentals of the economy. No longer are we headed on a downward spiral toward total economic collapse, instead we should all now be confident that the worst is behind us and the only thing we have to fear is the fear (the Obama team has been spreading since last September) itself.
On Meet the Press, Christina Romer replied to a question on whether the fundamentals of the economy were sound with, “Of course they are sound”. President Obama this week made a comment about the sound fundamentals of the economy, including workers, companies, innovators…say isn’t that the exact same thing John McCain (R-AZ) during the campaign and was lambasted by President Obama for being “out of touch”.
Now, to be fair, I have blasted President Obama in the past for talking so negatively about the economy. Anyone who knows anything about economics knows that economics is 75% mental…if people think things are going well, then they will spend and the economy will do well; if they think things are headed down the toilet, they will batten down the hatches, put all their money into their savings and try to ride out the storm—which makes the economy sour. Prophecies on the economy are almost always self-fulfilling. And the Prophet Obama’s words have been no different.
The fact of the matter is this: President Obama used the economic recession in this country for political gain. He needed to create a State of Fear in order to pass a so-called stimulus bill which was just a massive, veiled, wasteful, Liberal spending bill. He knew that a bill totaling $780 billion containing so much pork for Liberal-Socialist programs would never garner enough support unless it was perceived as being the only way to prevent total, utter destruction. Now that the bill has been passed, the Democrats passed another $400 billion omnibus spending bill, and the Socialist path has been set, President Obama can begin to talk up the economy in hopes that his words now will have a calming effect on an unconfident market. The hope is that the economy will recover and President Obama will be seen as the Economic Messiah.
So, while the President was playing political chess, 600,000 people lost their jobs, the banking sector is about to lose $1-$3 trillion more in losses tied to the housing market, and the stock market lost another 8.5%, causing more Americans to lose more money in their retirement plans. There are two Americans most deserving of losing his/her job over the way this economy crises has been handled (not handled), the ones who have been in-charge since the beginning of the crises (2006)…Nancy Pelosi and Harry Reid. If President Obama is not careful, he too will be on the unemployment line in 4 years.
The economy will recover, and I hope it does soon, for the sake of all the people who have lost or are endanger of losing their jobs. I fear, however, that the Election-cycle rhetoric, coupled with the continued negative rhetoric accompanying passage of the Economic Stimulus Package has created an economic atmosphere that will cause millions of more Americans to lose their jobs, houses, and pensions. And, so too will follow more idiotic intrusions by the government that we will pay for down the road. Mr. President, while you are on your fantasy vacation in Socialist Land, please say "hi" to Mickey for us…and please, come home from vacation soon.
Sunday, March 15, 2009
Reagan Jr. Should Have Paid More Attention at the Dinner Table
Can You Hear Me Now?
It seems that the “most popular President in history” is not even the most popular president of the last…2. Recent polling data show that President Obama’s polling numbers are below those of President George W. Bush at the same in 2001…that’s right, lower than the man who supposedly cheated his way into office. A recent Rasmussen Poll showed that the net approval rating ("those who strongly approve" minus "those who strongly disapprove") is 6…lower than President Bush’s (W) after 50 days.
Though you won’t see this widely reported on the Clinton News Network or the Messianic Savior Named Barack Channel, I don’t bring this up to gloat or to say anything about the effectiveness of President Bush vs. that of President Obama. I bring this up to prove a point. NOTHING HAS CHANGED. There is not a new era of politics in Washington. President Obama has not unified the country. He has not ushered in a new era of bi-partisanship, a new feeling of Americans trusting their government, or any of the other cuck-a-doodled promises that he spewed in the campaign to trick so many people into voting for him. It is business as usual in Washington…business as usual from 1976-1980. We tried to tell people that the only “Change” coming was a shift from the democratic-free market society to a socialistic state…nobody listened. Can you hear me now?
Understanding the Pro-Life (Anti-Murder) Stance
This week President Obama signed a bill lifting a ban on Federal funding for embryonic stem cell research. The bill allows scientists to use hundreds of other stem cell lines already in existence to do research. Never mind the fact that privately-funded embryonic stem cell research has shown little promise in the field of embryonic stem cell studies and has shown the most promise in the use of what are known as adult stem cells. And forget the fact that new research in Induced Pluripotent Stem Cells has shown that embryonic stem cells can be emulated through conversion of skin cells (and other cells). Disregard the fact that stem cells from umbilical cords have proven incredibly useful. That is only Science…
"We’ll restore Science to its rightful place…” (President Obama Inauguration Speech)
The Left likes to paint this as a battle between religion and science. This is not a battle between religion and science. It is simpler than that—it is a moral battle. Stem cell research seems to be promising in helping to cure some of the worst diseases that humans have. And, if that research can be done without conceiving embryonic cells (creating life) for the sole purpose of using the stem cells then destroying that life, then I am all for it-- and the science has proven that it can be done. However, we cannot allow unethical moral treatment of human beings (at any stage of development) to be trumped by “scientific progress”. Joesph Mengele tried that…he is seen (and rightfully so) as a pretty sick individual. You can be an atheist and agree that experimentation on human beings is repulsive.
Ronald Reagan Jr., whose father is probably rolling over in his grave, said on the D.L. Hughley show this week that he had a hard time understanding how the Right can be against abortion and stem cell research and for the death penalty and war. Well, Mr. Reagan, since you apparently did not pay any attention at the dinner table, I will give you a simple answer: babies and embryos did nothing to deserve being killed. Someone who murdered someone else did. At least they were given due process…the babies left to die on clinic floors across the nation had no such trial. And, even we Conservatives, contrary to the belief of the Left, do not like war…we simply believe that war is sometimes necessary to save those innocent Americans and others like the Kurds or Somalis, who also do not deserve to be killed, that we should not sit idly by while evil people kill innocent people-- like the 3,000 people killed in the 9-11 attacks.
Something to Think About While Doing Your Taxes
Socialism can be most easily defined by as the redistribution of wealth earned by individuals to those who did not earn that wealth. I have argued that we are in a steady downhill slide toward a socialist state. I was wrong…WE ARE ALREADY THERE!!! According to government data the top 50% of the wage earners in America pay 96% of the taxes in the US! That means 50% of the people are paying little to no taxes and are the ones reaping the benefits of massive Federal programs. The wealth of the top 50% of wage earners has already been redistributed. Think of that when you are doing your Federal taxes this month. Additionally, pay attention to the amount of money you had to pay…not the money you are “getting back”, the amount you actually paid to the government (income, social security, Medicare). It will make you sick. That’s right, most of you worked January, February, and March for Uncle Sam. Paying taxes is okay, it is part of the responsibility of citizens…ALL citizens. And our income tax system should not penalize you for making more money…that stifles innovation. Next time President Obama proposes a tax cut for 90% of Americans, just remember that means 40% will be paying less than “0”…in other words, they will be getting your money.
And also remember the taxes you pay for things like: your house, gas, property...I have to stop writing, I am getting sick...
Get Out Now...While You Are Still Alive
Kudos to Nickelodeon and other sponsors who dropped Chris Brown as fast as Rhianna should have dropped him. No sponsor, record label, television studio, etc. should condone the horrific actions of Brown...though I know money talks and they will (as long as he sells records). Relational abuse is a major problem in our country. Several reports have said that many high school students blame Rhianna or see nothing wrong with what Brown did because of the circumstances. I don’t care what the circumstances are, who threw a phone at whom, who started the argument, whether Rhianna threw a punch at Brown, it is NEVER right for a man to hit a woman let alone put the type of beat-down Brown put on Rhianna. You have to wonder why Brown was so mad at Rhianna for looking at text messages on his phone…I’ll tell you why, because he was probably cheating on her as well as beating on her.
I hope Chris Brown gets the help he needs…and some jail time. I hope Rhianna realizes that she can do better. And, I hope all the young women out there know that a man who truly loves you would never treat you that way. If you are being abused get out now before you end up dead. No matter what he says, he is not sorry, he will not change, and you can do better.
Reader Suggestion
One astute reader of the "Things I Think" responded by email to the post about using recycled toilet paper. He suggested that we use bidets...environment saved and hemorrhoids avoided. I have never used a bidet so I cannot comment on its comfort or efficacy. However, it does seem like a viable, reasonable solution. It just goes to show that it is good to be open minded on issues like the environment...just not so open minded we lose our brains!
It seems that the “most popular President in history” is not even the most popular president of the last…2. Recent polling data show that President Obama’s polling numbers are below those of President George W. Bush at the same in 2001…that’s right, lower than the man who supposedly cheated his way into office. A recent Rasmussen Poll showed that the net approval rating ("those who strongly approve" minus "those who strongly disapprove") is 6…lower than President Bush’s (W) after 50 days.
Though you won’t see this widely reported on the Clinton News Network or the Messianic Savior Named Barack Channel, I don’t bring this up to gloat or to say anything about the effectiveness of President Bush vs. that of President Obama. I bring this up to prove a point. NOTHING HAS CHANGED. There is not a new era of politics in Washington. President Obama has not unified the country. He has not ushered in a new era of bi-partisanship, a new feeling of Americans trusting their government, or any of the other cuck-a-doodled promises that he spewed in the campaign to trick so many people into voting for him. It is business as usual in Washington…business as usual from 1976-1980. We tried to tell people that the only “Change” coming was a shift from the democratic-free market society to a socialistic state…nobody listened. Can you hear me now?
Understanding the Pro-Life (Anti-Murder) Stance
This week President Obama signed a bill lifting a ban on Federal funding for embryonic stem cell research. The bill allows scientists to use hundreds of other stem cell lines already in existence to do research. Never mind the fact that privately-funded embryonic stem cell research has shown little promise in the field of embryonic stem cell studies and has shown the most promise in the use of what are known as adult stem cells. And forget the fact that new research in Induced Pluripotent Stem Cells has shown that embryonic stem cells can be emulated through conversion of skin cells (and other cells). Disregard the fact that stem cells from umbilical cords have proven incredibly useful. That is only Science…
"We’ll restore Science to its rightful place…” (President Obama Inauguration Speech)
The Left likes to paint this as a battle between religion and science. This is not a battle between religion and science. It is simpler than that—it is a moral battle. Stem cell research seems to be promising in helping to cure some of the worst diseases that humans have. And, if that research can be done without conceiving embryonic cells (creating life) for the sole purpose of using the stem cells then destroying that life, then I am all for it-- and the science has proven that it can be done. However, we cannot allow unethical moral treatment of human beings (at any stage of development) to be trumped by “scientific progress”. Joesph Mengele tried that…he is seen (and rightfully so) as a pretty sick individual. You can be an atheist and agree that experimentation on human beings is repulsive.
Ronald Reagan Jr., whose father is probably rolling over in his grave, said on the D.L. Hughley show this week that he had a hard time understanding how the Right can be against abortion and stem cell research and for the death penalty and war. Well, Mr. Reagan, since you apparently did not pay any attention at the dinner table, I will give you a simple answer: babies and embryos did nothing to deserve being killed. Someone who murdered someone else did. At least they were given due process…the babies left to die on clinic floors across the nation had no such trial. And, even we Conservatives, contrary to the belief of the Left, do not like war…we simply believe that war is sometimes necessary to save those innocent Americans and others like the Kurds or Somalis, who also do not deserve to be killed, that we should not sit idly by while evil people kill innocent people-- like the 3,000 people killed in the 9-11 attacks.
Something to Think About While Doing Your Taxes
Socialism can be most easily defined by as the redistribution of wealth earned by individuals to those who did not earn that wealth. I have argued that we are in a steady downhill slide toward a socialist state. I was wrong…WE ARE ALREADY THERE!!! According to government data the top 50% of the wage earners in America pay 96% of the taxes in the US! That means 50% of the people are paying little to no taxes and are the ones reaping the benefits of massive Federal programs. The wealth of the top 50% of wage earners has already been redistributed. Think of that when you are doing your Federal taxes this month. Additionally, pay attention to the amount of money you had to pay…not the money you are “getting back”, the amount you actually paid to the government (income, social security, Medicare). It will make you sick. That’s right, most of you worked January, February, and March for Uncle Sam. Paying taxes is okay, it is part of the responsibility of citizens…ALL citizens. And our income tax system should not penalize you for making more money…that stifles innovation. Next time President Obama proposes a tax cut for 90% of Americans, just remember that means 40% will be paying less than “0”…in other words, they will be getting your money.
And also remember the taxes you pay for things like: your house, gas, property...I have to stop writing, I am getting sick...
Get Out Now...While You Are Still Alive
Kudos to Nickelodeon and other sponsors who dropped Chris Brown as fast as Rhianna should have dropped him. No sponsor, record label, television studio, etc. should condone the horrific actions of Brown...though I know money talks and they will (as long as he sells records). Relational abuse is a major problem in our country. Several reports have said that many high school students blame Rhianna or see nothing wrong with what Brown did because of the circumstances. I don’t care what the circumstances are, who threw a phone at whom, who started the argument, whether Rhianna threw a punch at Brown, it is NEVER right for a man to hit a woman let alone put the type of beat-down Brown put on Rhianna. You have to wonder why Brown was so mad at Rhianna for looking at text messages on his phone…I’ll tell you why, because he was probably cheating on her as well as beating on her.
I hope Chris Brown gets the help he needs…and some jail time. I hope Rhianna realizes that she can do better. And, I hope all the young women out there know that a man who truly loves you would never treat you that way. If you are being abused get out now before you end up dead. No matter what he says, he is not sorry, he will not change, and you can do better.
Reader Suggestion
One astute reader of the "Things I Think" responded by email to the post about using recycled toilet paper. He suggested that we use bidets...environment saved and hemorrhoids avoided. I have never used a bidet so I cannot comment on its comfort or efficacy. However, it does seem like a viable, reasonable solution. It just goes to show that it is good to be open minded on issues like the environment...just not so open minded we lose our brains!
Monday, March 2, 2009
Hemorrhoids, Democrats, and Iran
The Things I Think Blog has been published a little late this week. The latest figures from economists is that the Stimulus Package will cost each American $6700 in debt…I figured I’d work some overtime this week and start paying down my share.
Save the Hemorrhoids
When I was young, there was a campaign by Greenpeace, or some other tree hugging organization, to Save the Whales. I was okay with that. Cute, gigantic, multi-ton mammals floating around the ocean: who couldn’t be behind that? Then came the campaign to Save the Rainforest. Okay. Save trees so they suck up carbon dioxide…I get it. Then came Recycling, Global Cooling, Global Warming, and the “What Would Jesus Drive?” Campaign to get us to stop driving SUVs…incidentally, Jesus probably would have driven a Ford Expedition—he had 12 disciples to haul everywhere; they never would have fit in a Prius. None of those bothered me too much.
This week, Greenpeace stepped over the line. Allen Hershkowitz, a senior scientist for the Natural Resources Defense Council said, “Future generations are going to look at the way we make toilet paper as one of the greatest excesses of our age…[it]is a lot worse than driving Hummers in terms of global warming pollution.”
Holy crap!! (pun intended)
My guess, and mind you I am only an ignorant blogger, is that future generations will in no way question the manner in which we cleaned our hind ends.
If you choose to use leaves or the new, reusable wipe that has recently hit the market, live in a earthen shack, walk to work, and eat only plants--more power to you. As for me, I will continue to use the softest TP money can buy, live in a house large enough to find some peace and quiet, drive whatever I want to work, and eat meat…maybe some fresh whale.
Keep a Keen Eye to the South
Mexico, right now, is essentially engaged in a civil war. The wars between rival drug factions have claimed thousands of lives (and estimated 6000 in 2008—by the way, more than were killed by institutionalized violence in Iraq in 2008). Decapitated bodies are now found on a daily basis. It is not safe to walk the streets of Mexico City; more people are kidnapped in Mexico City than any other city in the world. Why should we pay attention? Know what the 2nd most dangerous city in the world is for kidnappings?
Phoenix…Arizona…USA.
In the last year alone countless people in California, Arizona, and Texas have been kidnapped and taken back across the border where they were held for ransom or killed. Hitmen from a Mexican cartel burst into a Phoenix home, dressed as SWAT team members, raked the home with gunfire, executing a man inside. In Texas, a live grenade was thrown into a bar frequented by US drug agents.
President Obama and Janet Napolitano, Director of Homeland Security, had better pay attention and fast. The Mexican government is about to collapse and if it does, hundreds of thousands of refugees will pour across the border. The US will be faced with a humanitarian situation similar to those found in Africa. Or worse, a drug runner will be shot by a rancher, the rancher’s family will be killed by a cartel in retaliation, and every gun-owning Texan (and there are a lot) will take up post on the border…on second thought that might not be a bad idea…at least someone will have realized that the US needs to reinforce the border with a military presence. Pay attention to this. But you won’t find this story in the mainstream media…why? Because it proves that conservatives have been right about the issue of border control for years…and a conservative, according to the Liberal media, can never be right.
Appeasement: It Worked So Well the 1st Time…
Thank God for John Kerry. The Senator from Massachusetts just recently returned from a trip to the Middle East in which he met with the leaders of Syria and Iran, and brought a love note home from President Ahmadinejad to President Obama. It seems that the letter has worked…President Obama has been wooed into a deal to lay off Iran for awhile.
Russian newspapers are reporting that President Obama has offered a deal to the Kremlin in which the US will scrap its missile defense shield plans in Eastern Europe in exchange for “help with Iran”. Didn’t Faust make a similar deal?
The Russians, especially Vladimir Putin, are glad President Bush is gone. The Obama Administration, and its “peace at all cost” approach is exactly what Mother Russia needs.
Here is how this will go down:
First: Obama abandons (I mean thoughtfully withdraws from) Iraq, Russia promises to get Iran to stop building a nuclear weapon, the US does not build a missile shield in Europe, and Obama is lauded by the Liberal media for solving the world’s problems.
Meanwhile: the Iranians never stop building a nuke (with supplies from Russia), Russia, now allied with Iran, pressures Iraq to cut ties with the US, the US still is not protecting Poland, the Czech Republic and all the other Eastern European nations that could be vital to US interests, and Obama is called a hero for the “peace” around the world…despite 14 terrorist attacks perpetrated by former residents of Guantanamo Bay who were released by the courts because they were not read their Miranda Rights on the battlefield.
Then: Iran nukes Israel, Israel responds and is called a “monster”, Russia invades eastern Europe (claiming a need for a “buffer zone” of security from NATO), the US and EU are powerless to stop them because the Iran-Iraq-Russian alliance now controls 90% the world’s oil (since the Obama Administration stopped the drilling of that filthy, polluting stuff a couple of years before), and for some reason, despite the nauseous amounts of idealism oozing from the White House, F22 Raptors just won’t fly on solar energy and corn oil. The situation is even more dire because Obama Mandate #3,456 prohibited the use of soft toilet paper.
Finally: The Democrats get booted, a Republican takes over, does what Obama should have done years ago: takes out Iran, flexes his muscles toward Russia and stops the invasion, goes back to killing terrorists instead of trying to make them feel comfy…and is called a “war-monger” by the Liberal Media…and an enemy to the environment because he uses Charmin Ultra-Soft.
Save the Hemorrhoids
When I was young, there was a campaign by Greenpeace, or some other tree hugging organization, to Save the Whales. I was okay with that. Cute, gigantic, multi-ton mammals floating around the ocean: who couldn’t be behind that? Then came the campaign to Save the Rainforest. Okay. Save trees so they suck up carbon dioxide…I get it. Then came Recycling, Global Cooling, Global Warming, and the “What Would Jesus Drive?” Campaign to get us to stop driving SUVs…incidentally, Jesus probably would have driven a Ford Expedition—he had 12 disciples to haul everywhere; they never would have fit in a Prius. None of those bothered me too much.
This week, Greenpeace stepped over the line. Allen Hershkowitz, a senior scientist for the Natural Resources Defense Council said, “Future generations are going to look at the way we make toilet paper as one of the greatest excesses of our age…[it]is a lot worse than driving Hummers in terms of global warming pollution.”
Holy crap!! (pun intended)
My guess, and mind you I am only an ignorant blogger, is that future generations will in no way question the manner in which we cleaned our hind ends.
If you choose to use leaves or the new, reusable wipe that has recently hit the market, live in a earthen shack, walk to work, and eat only plants--more power to you. As for me, I will continue to use the softest TP money can buy, live in a house large enough to find some peace and quiet, drive whatever I want to work, and eat meat…maybe some fresh whale.
Keep a Keen Eye to the South
Mexico, right now, is essentially engaged in a civil war. The wars between rival drug factions have claimed thousands of lives (and estimated 6000 in 2008—by the way, more than were killed by institutionalized violence in Iraq in 2008). Decapitated bodies are now found on a daily basis. It is not safe to walk the streets of Mexico City; more people are kidnapped in Mexico City than any other city in the world. Why should we pay attention? Know what the 2nd most dangerous city in the world is for kidnappings?
Phoenix…Arizona…USA.
In the last year alone countless people in California, Arizona, and Texas have been kidnapped and taken back across the border where they were held for ransom or killed. Hitmen from a Mexican cartel burst into a Phoenix home, dressed as SWAT team members, raked the home with gunfire, executing a man inside. In Texas, a live grenade was thrown into a bar frequented by US drug agents.
President Obama and Janet Napolitano, Director of Homeland Security, had better pay attention and fast. The Mexican government is about to collapse and if it does, hundreds of thousands of refugees will pour across the border. The US will be faced with a humanitarian situation similar to those found in Africa. Or worse, a drug runner will be shot by a rancher, the rancher’s family will be killed by a cartel in retaliation, and every gun-owning Texan (and there are a lot) will take up post on the border…on second thought that might not be a bad idea…at least someone will have realized that the US needs to reinforce the border with a military presence. Pay attention to this. But you won’t find this story in the mainstream media…why? Because it proves that conservatives have been right about the issue of border control for years…and a conservative, according to the Liberal media, can never be right.
Appeasement: It Worked So Well the 1st Time…
Thank God for John Kerry. The Senator from Massachusetts just recently returned from a trip to the Middle East in which he met with the leaders of Syria and Iran, and brought a love note home from President Ahmadinejad to President Obama. It seems that the letter has worked…President Obama has been wooed into a deal to lay off Iran for awhile.
Russian newspapers are reporting that President Obama has offered a deal to the Kremlin in which the US will scrap its missile defense shield plans in Eastern Europe in exchange for “help with Iran”. Didn’t Faust make a similar deal?
The Russians, especially Vladimir Putin, are glad President Bush is gone. The Obama Administration, and its “peace at all cost” approach is exactly what Mother Russia needs.
Here is how this will go down:
First: Obama abandons (I mean thoughtfully withdraws from) Iraq, Russia promises to get Iran to stop building a nuclear weapon, the US does not build a missile shield in Europe, and Obama is lauded by the Liberal media for solving the world’s problems.
Meanwhile: the Iranians never stop building a nuke (with supplies from Russia), Russia, now allied with Iran, pressures Iraq to cut ties with the US, the US still is not protecting Poland, the Czech Republic and all the other Eastern European nations that could be vital to US interests, and Obama is called a hero for the “peace” around the world…despite 14 terrorist attacks perpetrated by former residents of Guantanamo Bay who were released by the courts because they were not read their Miranda Rights on the battlefield.
Then: Iran nukes Israel, Israel responds and is called a “monster”, Russia invades eastern Europe (claiming a need for a “buffer zone” of security from NATO), the US and EU are powerless to stop them because the Iran-Iraq-Russian alliance now controls 90% the world’s oil (since the Obama Administration stopped the drilling of that filthy, polluting stuff a couple of years before), and for some reason, despite the nauseous amounts of idealism oozing from the White House, F22 Raptors just won’t fly on solar energy and corn oil. The situation is even more dire because Obama Mandate #3,456 prohibited the use of soft toilet paper.
Finally: The Democrats get booted, a Republican takes over, does what Obama should have done years ago: takes out Iran, flexes his muscles toward Russia and stops the invasion, goes back to killing terrorists instead of trying to make them feel comfy…and is called a “war-monger” by the Liberal Media…and an enemy to the environment because he uses Charmin Ultra-Soft.
Voodoo Economics
President Reagan had a theory about economics. The theory went something like this: cut taxes on business and wealthy individuals and they will reinvest those savings into businesses and the economy and the effects will “trickle down” to the middle class and those living in poverty. The theory was called “Trickle-Down Economics”; by Democrats it was called “Voodoo Economics”. The implication, of course, is that this theory is the workings of a raving lunatic—it would only work in Magic World.
Well, here in the Obama Nation this week the President announced a new budget that includes the promise that he will cut the national budget deficit in half by the end of the first term. How does he plan to do this?
DREAM and SPEND, of course.
Well, here in the Obama Nation this week the President announced a new budget that includes the promise that he will cut the national budget deficit in half by the end of the first term. How does he plan to do this?
DREAM and SPEND, of course.
First, the plan relies on GDP growth figures that are unrealistic, inflated by close to 2% by some estimates. Second, it relies on more heavily taxing the people who have money to stimulate the economy. Third, the plan calls for massive increases in spending for such things as climate change and alternative energies, and other government programs. Of course, this is on top of the recently passed stimulus bill that will cost American taxpayers $787 billion and a little-talked-about spending bill this week that cost us another $400 some odd billion (but whose counting). This total is comes to about $1.2 trillion in deficit spending. Just $1 billion less than the deficit President Obama said he “inherited”. President Bush- 8 years to $1.3 trillion; President Obama- 8 weeks.
Okay, let me put this is microeconomic terms. Let’s say you owed $25,000 in credit card debt. Following President Obama’s plan you would take the following action to eliminate that debt:
STEP 1: Go out and spend your entire paycheck on several new pairs of shoes, the complete third season of "Will and Grace" boxed DVD set, a new 52” plasma screen TV, and new rims for your SUV. Do not, I repeat, DO NOT use any of that money to pay off your credit card debt.
STEP 2: Despite the fact your employer says you are getting a 2% pay raise for the next three years, assume that figure will be more like 5% and budget the extra 3% to pay off some of your debt-- spend the rest.
STEP 3: When your children earn money for say mowing lawns, shoveling snow, or simply getting a birthday card from grandma, increase the amount you take from them to about 40%.
STEP 4: Chant : “I do believe in Obama, I do believe in Obama. Yes we can! Si, se pueda!”
POOF!
The debt is paid off. Like Magic. Like Voodoo.
Okay, let me put this is microeconomic terms. Let’s say you owed $25,000 in credit card debt. Following President Obama’s plan you would take the following action to eliminate that debt:
STEP 1: Go out and spend your entire paycheck on several new pairs of shoes, the complete third season of "Will and Grace" boxed DVD set, a new 52” plasma screen TV, and new rims for your SUV. Do not, I repeat, DO NOT use any of that money to pay off your credit card debt.
STEP 2: Despite the fact your employer says you are getting a 2% pay raise for the next three years, assume that figure will be more like 5% and budget the extra 3% to pay off some of your debt-- spend the rest.
STEP 3: When your children earn money for say mowing lawns, shoveling snow, or simply getting a birthday card from grandma, increase the amount you take from them to about 40%.
STEP 4: Chant : “I do believe in Obama, I do believe in Obama. Yes we can! Si, se pueda!”
POOF!
The debt is paid off. Like Magic. Like Voodoo.
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