Friday, February 27, 2009

Obama's Hamas Stimulus Plan

13 Things Obama's $13 Stimulus Will Buy You

Do you realize Obama's $13 a week is no tax cut at all, and cap in trade will raise your electric bill more?

You may get a weekly payroll tax cut of $13, but not a yearly income tax cut (you get more in your check but no provision to lower taxes was made in the tax tables, so you will have to pay the payroll tax cut back in 2010).  Furthermore, Obama is imposing a tax on electrical generation plants which will raise the cost of your electricity more than $13 per week. 

TODAY'S LAME ARTICLE: A Bold Plan Sweeps Away Reagan Ideas

Could the liberal's perception of inequality be the root of all this liberal evil put upon us?

It’s Obama spreading panic

How Big is $787 Billion? What Would It Buy?

The latest estimates for the stimulus package are about $787 billion, a number so mind-numbing large it's hard to even imagine a number of that size.

Yesterday's "
The Gartman Letter" puts it in perspective for us:

$787 billion would buy 4.6 million homes here in the US at the most recent median price of $170,300 for January 2008.

$787 billion would send a check for $2,623 to every man, woman and child in the US.

$787 billion would fund 7.7 million four year scholarships to the average private university in the US at current tuition rates.

$787 billion would fund 30 million full four year scholarships to the nation’s public universities.

$787 billion would buy 27.7 million cars at the average price of an automobile sold last year in the US.

$787 billion would fund four full months of a tax holiday in the US.

No Easter Egg Hunt This Year



Thursday, February 26, 2009

OBAMA'S FUZZY TAX MATH

WHEN he officially unveils his bud get today, President Obama is ex pected to call for an end to the Bush tax cuts - but only for "the rich."

That's, well, rich.

Indeed, observers on both the right and left agree that there's no way he can meet his goal of halving the deficit without raising taxes.

So while the president has promised that families making less than $250,000 a year won't see their taxes go up "a dime," don't hold your breath.

Now, it's true that the average worker will get $13 a week this year from the stimulus plan, dropping to $8 next year.

But how does that stack up against the Bush tax relief that Americans are likely to lose? Do the math: This year, the Bush tax cuts should save Americans an estimated $205 billion. Divide that by 142 million workers and it averages $27 a week in every pocket.

Looks like average Joes lose. And that's true, even down the income ladder.

Democrats like to claim that most of the Bush tax relief goes only to the wealthy - implying that scrapping it won't hurt others. But maybe they should ask the breadwinner in an average family of four making about $42,000.

The Treasury Department has estimated that the Bush tax cuts would save such a taxpayer just over $2,300 this year - more than $44 a week. If Obama winds up ditching the cuts for him, he'd be worse off, just like the "wealthy."

Even if Obama works money miracles and doesn't hike taxes on anyone but "the rich," there's still cause for huge concern.

Many of the folks who report $250,000 or more in income are hardly fat cats: They're hard-working small-business owners who pay taxes on their revenues via their personal income-tax returns.

In fact, in the top two income-tax brackets - the ones Obama proposes to squeeze most heavily - a full 80 percent of filers report small-business income.

Over the last 10 years, small businesses created 60 percent to 80 percent of the nation's net new jobs. By socking it to their bottom line, the president's new tax move will dry up the nation's most fertile source of employment - just as more and more Americans are looking for work.

So let's get this straight: Obama's big stimulus is a worse deal for workers than the Bush tax cuts he's sacrificing to pay for it.

The tax hikes will slam small-business owners and discourage the entrepreneurship and risk-taking our economy needs.

And by signaling that Americans can expect tax hikes down the road, Obama encourages sensible people to bank their stimulus checks and save for the leaner days ahead - undermining the whole purpose of the massive spending.

Sounds like he should have left well enough alone.

Congress' Pork-A-Palooza

CONGRESS' PORKY POLS PIG OUT ON FINE $WINE
BIG BUCKS TO CANOES & TATTOOS

What's the difference between a million, a billion and a trillion?

A million seconds is 13 days.
A billion seconds is 31 years.
A trillion seconds is 31,688 years.

A million minutes ago was – 1 year, 329 days, 10 hours and 40 minute ago.
A billion minutes ago was just after the time of Christ.

A million hours ago was in 1885.
A billion hours ago man had not yet walked on earth.

A million dollars ago was five (5) seconds ago at the U.S. Treasury.
A billion dollars ago was late yesterday afternoon at the U.S. Treasury.

A trillion dollars is so large a number that only politicians
can use the term in conversation... probably because they
seldom think about what they are really saying. I've read that
mathematicians do not even use the term trillion!
Here is some perspective on TRILLION:

Trillion = 1,000,000,000,000.
The country has not existed for a trillion seconds.
Western civilization has not been around a trillion seconds.
One trillion seconds ago – 31,688 years – Neanderthals stalked the plains of Europe.

Million: 1,000,000
Billion: 1,000,000,000
Trillion: 1,000,000,000,000
Quintillion: 1,000,000,000,000,000,000
Sextillion: 1,000,000,000,000,000,000,000
Nonillion: 1,000,000,000,000,000,000,000,000,000,000
Centillion: 1 followed by 303 zeros

Let's Not Kid Ourselves, Obama Is A Radical Liberal President

And...A Congressional Bonus

Take Everything The Top 2% Earn, And It Still Won't Be Enough

PDF FILE: 'A New Era of Ir-responsibility'...

The Cal Ripken President

Recently, Obama also became the first African-American president to order a ham sandwich late at night from the White House kitchen! That's going to get old pretty quick.

Pop-up Pelosi Chicken Dance

Environmental Wacko Official at NASA Lends Name to Anti-coal Cause

A YouTube video has surfaced that features James Hansen -- director of NASA's Goddard Institute for Space Studies -- calling for participation in a March 2 protest in Washington, DC. [Editor's note: Details of the protest can be found at CapitolClimateAction.org, which is run by Greenpeace USA.]

The protest will feature training in non-violent protesting and legal briefings. A "green zone" will be set up for those who do not wish to risk arrest. Protesters plan to engage in what CapitolClimateAction.org calls the "largest mass civil disobedience for the climate in U.S. history" at the DC coal-fired power plant.

Dan Miller of the Heartland Institute is outraged that a government official such as Hansen would advocate involvement in such a protest.

"For a [high-ranking] federal government official...to urge this kind of lawbreaking is just absolutely stunning and reprehensible," Miller exclaims. "If Hansen wants to carry this jihad out, he ought to resign and go ahead and do it. But to lend the name of the federal government, to be on the federal government's payroll, to be using taxpayer money -- my money -- to advance this cause is unfair, unethical, and wrong."

Stimulus Bill a Giant Welfare Package

The Bush Legacy Part II: Trillions in Deficits For Years to Come

Bush's Legacy: Conservatives Were Betrayed - Part I

Wednesday, February 18, 2009

12 American Solutions for Jobs and Prosperity

Washington solutions of more money for more government, more power for politicians, more debt, and more bureaucrats will not lead to real growth in jobs and prosperity.

We need a clear and decisive alternative that creates jobs and rewards work, saving, and investment.

  1. Payroll Tax Stimulus. With a temporary new tax credit to offset 50% of the payroll tax, every small business would have more money, and all Americans would take home more of what they earn.

  2. Real Middle-Income Tax Relief. Reduce the marginal tax rate of 25% down to 15%, in effect establishing a flat-rate tax of 15% for close to 9 out of 10 American workers.

  3. Reduce the Business Tax Rate. Match Ireland’s rate of 12.5% to keep more jobs in America.

  4. Homeowner’s Assistance. Provide tax credit incentives to responsible home buyers so they can keep their homes.

  5. Control Spending So We Can Move to a Balanced Budget. This begins with eliminating Congressional earmarks and wasteful pork-barrel spending.

  6. No State Aid Without Protection From Fraud. Require state governments to adopt anti-fraud and anti-theft policies before giving them more money.

  7. More American Energy Now. Explore for more American oil and gas and invest in affordable energy for the future, including clean coal, ethanol, nuclear power and renewable fuels.

  8. Abolish Taxes on Capital Gains. Match China, Singapore and many other competitors. More investment in America means more jobs in America.

  9. Protect the Rights of American Workers. We must protect a worker’s right to decide by secret ballot whether to join a union, and the worker’s right to freely negotiate. Forced unionism will kill jobs in America at a time when we can’t afford to lose them.

  10. Replace Sarbanes-Oxley. This failed law is crippling entrepreneurial startups. Replace it with affordable rules that help create jobs, not destroy them.

  11. Abolish the Death Tax. Americans should work for their families, not for Washington.

  12. Invest in Energy and Transportation Infrastructure. This includes a new, expanded electric power grid and a 21st century air traffic control system that will reduce delays in air travel and save passengers, employees and airlines billions of dollars per year.

The Plan

Tuesday, February 17, 2009

Stimulus Watch

StimulusWatch.org was built to help the new administration keep its pledge to invest stimulus money smartly, and to hold public officials to account for the taxpayer money they spend. We do this by allowing you, citizens around the country with local knowledge about the proposed "shovel-ready" projects in your city, to find, discuss and rate those projects. These projects are not part of the stimulus bill. They are candidates for funding by federal grant programs once the bill passes. Learn more by reading the FAQs.

Fiscal Stimulus Is a Ruse Absent Fed Pixie Dust

Saturday, February 14, 2009

Keynesian Fallacy

BENEDICT ARNOLDS OF THE GOP

This stimulus package will:

• Hurt economic recovery by elbowing aside private borrowers and consumers as the government goes to the front of the line to borrow adequate funds to cover its deficit.

• Invite massive inflation in the future as consumers and businesspeople sit on most of the money until times improve. Then, when confidence begins to return — no thanks to the stimulus package — they will deluge the economy with money, triggering massive inflation.

• Expand government and spend borrowed money on projects that may have some long-term merit but are scarcely our top priority right now.

HAMILTON VS JEFFERSON

As George Will once wrote, Americans are fond of quoting Jefferson, but we live in Hamilton’s country.

$30 million to restore wetlands and save the endangered salt marsh harvest mouse in the San Francisco Bay Area (a Nancy Pelosi project)

• The bulk of the spending comes not right away when the economy needs a boost, but in future years. This is typical. Legislative attempts to rescue the economy have been late in the last eight recessions going back to October 1949, when Congress passed an anti-recession bill just as the country was emerging from a 12-month downturn.

• By releasing $800 billion in new welfare spending over the next decade and undermining current work requirements, it will largely undo the successful 1996 welfare reform. Once again, Washington will be paying bonuses to states that expand their welfare rolls. In what world is increasing dependency on government a stimulus for the private economy?

• States that have spent recklessly for years will get bailouts when they should instead suffer the consequences of their actions. The compromise bill includes $54 billion to hand out to state and local governments, a perverse reward for elected officials who can't control their spending.

OBAMA - LIAR, LIAR, PANTS ON FIRE!

VIDEO: 'NOT ONE MEMBER HAS READ THIS'

Wednesday, February 11, 2009

BEWARE OF PRESIDENTS WHO CLAIM ARMAGEDDON IS HERE

GINGRICH: Where does the conservative movement go from here?

1. Advocate first principles with courage, clarity, persistence and cheerfulness.

2. Insist on developing solutions based on those principles and insist on measuring other proposals against those principles.

3. Be prepared to oppose Republicans when they are wrong and side with Democrats when they are right, but always make the decision to support or oppose a matter of first principles and the application of those principles.

EDITORIALS: Sad Hill News

EDITORIALS: American Issues Project

EDITORIALS: American Thinker

EDITORIALS: Conservative Dialysis

EDITORIALS: Defund & Disobey

EDITORIALS: DickMorris.com

EDITORIALS: Firm Foundation

EDITORIALS: Investor's Business Daily - Editorial RSS

EDITORIALS: John Goodman's Health Policy Blog

EDITORIALS: Obama Lies

EDITORIALS: Onenewsnow.com Front Page Stories

EDITORIALS: Power Line

EDITORIALS: RedState

EDITORIALS: Sharp Right Turn

EDITORIALS: The Cloakroom Blog

EDITORIALS: The Front Page

EDITORIALS: The Next Right

EDITORIALS: The Patriot Room

EDITORIALS: TownHall Latest columns

EDITORIALS: Vocal Minority

EDITORIALS: Webloggin

ECONOMICS: Agora Financial's The 5 Min. Forecast

ECONOMICS: Capital Commerce

ECONOMICS: Capitalism Magazine (CapMag.com)

ECONOMICS: CARPE DIEM

ECONOMICS: NCPA | Daily Policy Digest

ECONOMICS: RealClearMarkets

ECONOMICS: WSJ.com: Real Time Economics

NEWS: NewsBusters.org - Exposing Liberal Media Bias

NEWS: Newsmax - Inside Cover

NEWS: Resistnet.com

NEWS (SATIRE): ONN Front Page Stories

TRACKING: The Obameter: Tracking Obama's Campaign Promises