Friday, February 06, 2009
President Obama's economic recovery package will actually hurt the economy more
in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday.
CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the short term but result in so much government debt that within a few years they would crowd out private investment, actually leading to a lower Gross Domestic Product over the next 10 years than if the government had done nothing.
Thus, Michelle Malkin's term for this bill 'The Generational Theft Act of 2009'. So true, so true.
Thursday, February 05, 2009
WASHINGTON – President Barack Obama warned on Thursday that failure to act on an economic recovery package could plunge the nation into a long-lasting recession that might prove irreversible, a fresh call to a recalcitrant Congress to move quickly.
I call Bulls**t...
Acting on the bloated pork package is bad news. It will likely lengthen the amount of time we are in recession.
Cut taxes for all taxpayers (not those who don't pay). Cut the Capital Gains tax. Hell, eliminate Capital Gains taxes. That's it...
Wednesday, February 04, 2009
When we get people who are more concerned about reading the rights to an Al Qaeda terrorist than they are with protecting the United States against people who are absolutely committed to do anything they can to kill Americans, then I worry,”
Protecting the country’s security is “a tough, mean, dirty, nasty business. These are evil people. And we’re not going to win this fight by turning the other cheek.”
"The United States needs to be not so much loved as it needs to be respected. Sometimes, that requires us to take actions that generate controversy. I’m not at all sure that that’s what the Obama administration believes.”
Well, yesterday, he and wife Michelle headed out to a school in DC. Upon arriving, he said, "We were just tired of being in the White House..."
Come again? Tired of being in the White House? I can't imagine what the media reaction would be if George W. Bush had uttered those words...
I guess running for President is a lot differed than actually ACTING like the President... I told ya' so...
Tuesday, February 03, 2009
Eh, why the hell not... If we're going to go broke, why not go all the way...
Florida citrus growers, California wine growers and a range of agricultural interests are pushing a tiny change that would allow farmers to more quickly depreciate new fields. High-tech and pharmaceutical companies want to save billions in taxes by including a plan that would allow them to bring overseas profits back home at lower tax rates. Labor unions are pressing Congress to make sure that new government funding for green technology results in jobs with good pay and benefits for workers.
Monday, February 02, 2009
to the letter. ”
'First, get a million dollars.
Then, when the IRS audits you and comes by and asks why you have not paid
your taxes, you answer...
Apparently, it gets you into the President's Cabinet.