Thursday, January 03, 2013

Rich to pay $62 billion/year more.. all problems solved!

Yes... I have slept better lately knowing that the rich are now paying closer to their "fair share" and that our deficit was reduced by... oh... about 4 or 5 percent in the process. Of course, the President isn't satisfied, stating that they still need to pay more. Okay, fine... let's double that increase on the rich, shall we? We can receive about $124 billion in new revenue and still not put a dent in the deficit... which including the tax hike on the rich (and the much larger tax hike on everyone else) is still well over a trillion dollars a year.

Here is the logical mathematical problem with all of this. The larger increase to taxes for the rich, only brings  in at most 20% of what the much smaller across the board payroll tax increase does. Reality is that there isn't enough rich people to fund the government. Let me repeat that... there isn't enough rich people to fund the government. Or to put it another way... there isn't enough rich people to fund the government. Lastly, there isn't enough rich people to fund the government.

Did I mention that there simply isn't enough rich people to fund the government??

In fact... there really isn't enough taxpayers to fund the government. In 2011 (the last complete year of historical data compiled by the CBO) the deficit was $1.362 trillion and the total tax revenue from individuals was $1.091 trillion. What this means, is if you double income tax on everyone... you would still be running a deficit of almost $200 billion. Let me repeat that... if you double the income tax on everyone... you would still be running a deficit of almost $200 billion.

I know it's simple to not think about it too hard. It's easier for certain fiscal liberals to believe fairly knee jerk that everything can be fixed by increasing taxes on the rich and/or cutting military spending. I hear this assumption repeated quite often, as if repeating it often enough will make it so. Btw, defense makes up less than 20% of overall spending, even though it's one of the few pieces of our government that is laid out by the founding fathers as a function of the Federal Government. Cutting defense out of the budget completely still would leave us with a budget in the $700 billion range.

Realistically... double the recent tax increase on the rich and cut military spending in half... and it solves nothing. You would still have a budget deficit higher than any budget deficit under any President not named Obama.

Bottom line... do I have to really say it here folks?

We have a spending problem... and no amount of these around the edges revenue increases are going to even slow things down... proven by the fact that the current agreement "adds" fairly significantly to the long term deficits.

210 comments:

1 – 200 of 210   Newer›   Newest»
Comforting James said...

You can also sleep better because of this, a well defined US drone strike very hurtful to the Taliban.

http://www.huffingtonpost.com/2013/01/03/pakistan-us-drone-strikes_n_2400137.html

Whatt will be wringing his hands and weeping for the poof fellow, however.

Now maybe polio vaccination can go forward in the are controlled by the Allahnut.

James said...

Damn.
*Whatta *poor *area

Prophetic James said...

What really bothers you, Ch, and other conservatives, is what this represents.

The demise of governmnent OF the rich, BY the rich, and FOR the rich.

The rich could not buy the last election. How sad.

The rich can no longer call the shots regarding domestic or foreign policy. How sad.

Governmnet of, by, and for the people rears its "ugly" head.

Tremble, the rich. It's almost bliblical. (See the Hebrew prophets. See Luke 1:51-53.

Happy New Year.

hb said...

Let's be realistic. These deficits are mostly the fault of the previous President.

Now as times change, the GOP has changed from a reasonable, conservative party into one, at least in the house sees government spending, except of course on defense as an assault on freedom.

This President has shown significant flexibility on many issues. But your party has refused to engage. Compromise is seen as treason. Only when forced to act have they done so.

Obama held firm against the radical notions of the Paul Ryan wing. You lost that argument in the election. So to remain relevant you folks had better come to your senses. Engagement on entitlements is possible but not if the underlying philosophy is to effectively destroy them. And right now that is what the tea party wing that has Speaker Boehner in a bind wants to do.

Face it. You are not going to destroy the New Deal.

KD, $27 Trillion Debt by 2016 said...

The demise of governmnent OF the rich, BY the rich, and FOR the rich."

Dumbest thing ever said on the internet.




KD, Plan O freezing Captial said...

whatta said.



james and hb....explain to us all as best as you are capable how you see even higher deficits, even higher taxes, even higher borrowing costs...as a WIN! And how this is good for the US?

anticipating .crickets*...now.


Opium,HB and little janey, never could answer this easy question.

hb said...

There you go again. Framing the question in a dishonest manner. That is why you get no respect and no answers. Go fuck the cow again.

KD, taking hook out of HB's mouth said...

HB, see you are as stupid as ever, the question is simple , honest and not mine.

Whatta posed this easy question and yet ever last one of you nO-information voters failed to address it. As I have learned is your team will not answer questions on facts, policies or real world economics.

Here I have learned that you three stooges are just angry and want punishment of wealth.

HB you have shown that ugly side many a time.

So i will take you, jane and opium off the hook and let you enjoy your victory over the Middle/Low Income earners by taxing them all more.

KD, 114 Billion Tax on the middle/low income earners said...

Easy Question for the Lovers of this new 4 trillion dollar increase in National Debt and the $114,000,000,000.00 new taxes on the working middle/low income worker bee.

Q, Do you feeeelllll the Obama Economy is strong enough to have that much taken out of the pockets of those worker bee.

Commonsense said...

What really bothers you, Ch, and other conservatives, is what this represents.

The demise of governmnent(sic) OF the rich, BY the rich, and FOR the rich.


Really? Maybe you should look at the fiscal cliff deal again.

Millions to Goldman Sacs for a real estate project in Manhattan.

Millions to Hollywood for motion picture promotions.

Millions to Solar Company executives who can't stand on their own in the market place.

It's governmnent OF the rich, BY the rich, and FOR the rich who bought off Obama.

LOLing James said...

THEN WHY ARE THERE SO MANY LONG-FACED RICH IN OUR COUNTRY RIGHT NOW?

james said...

Go to politicalwire.com for more good stuff.

Such as
TEA PARTY PLOTS COMEBACK
In other words, more headaches for the GOP leadership as their Partry dives ever deeper into irrelevance and eventual extinction.

AND -- read this:
COURAGE OF MCCONNEL AND BOEHNER
Finally something good said about them.
They sorely need it!

James said...

TODAY ON RASMUSSEN
57% JOB APPROVAL FOR OBAMA
VS
42% DISAPPROVAL

THAT'S A PLUS OF FIFTEEN (15) POINTS!!!!

AND THAT'S RASMUSSEN, FOLKS!!!

Anonymous said...

Really? Maybe you should look at the fiscal cliff deal again.

Millions to Goldman Sacs for a real estate project in Manhattan.

Millions to Hollywood for motion picture promotions.

Millions to Solar Company executives who can't stand on their own in the market place.

It's governmnent OF the rich, BY the rich, and FOR the rich who bought off Obama.


why do you bother? jimmy is a completely moronic sycophant

JUBILANT JIM said...

GOOD NEWS!!!!!!
OBAMA WILL STILL HAVE JOHN BOEHNER TO KICK AROUND SOME MORE!!!!!!

(TEA PARTY WEEPS)

KD, I love this deal said...

American Taxpayer Relief Act of 2012 "

Aka Plan O


Democrats invent new meaning to relief, I see that relieving 114 Billion dollars a year for the next four years from the worker bee pay checks is a Victory.

We now have the nO-info voter telling us that taking roughly 450 Billion dollars from the pockets of the working class is a great idea.


I do like this bill more every day I read more about it.

JUBILANT JAMES said...

Listen to what Taeggan Goddard says:
WHY THE GOP HAS LESS LEVERAGE THAN THEY THINK
David Brooks echoes the point I made over at The Cloakroom about why Republicans don't have as much leverage as they think they do in the next round of budget negotiations.

"The core thing it says about them is that they want to reform entitlements and cut spending, but they can't actually propose any plans to do these things because it would be politically unpopular. This is a terrible problem for them."

KD, Obama Care increases taxes on middle income said...

Maybe you should look at the fiscal cliff deal again."

Oh we are and the more I read it and see the details the more I like it.

CBO says taxing the middle/lower income earners and taking 1.5 Trillion out of their hands will cost the Obama Economy in lower GDP.

Think disposable income, take $2,000 out of the average family budget was a very smart move.

Really, and with all the other limitations and new taxes on the middle class and lower incomes thru Obamacare and this is going to be a lot of fun to watch over the next 4 years.

This one hurts those that are attempting to pay their own way.
HSAs currently allow individuals to control their health care costs by paying for deductibles and routine medical expenses with tax-free dollars set aside in an HSA, reserving use of health insurance for major medical events. Patients have realized significant savings through use of this strategy..."

But Obamacare can't have that , so now we get even lower levels for self-funding, making the middle/lower income earner pay more in taxes and saving less.


KD O Plan on Spending cuts said...

Plan O was everything Obama wanted, taxes up on the richest, middle and lower income earners, a wonderful full spectrum rise on all people that earn a living, Spending UP 4 Trillion.

Now the new Plan O will have spending cuts, but where other then Defense?

James, do you have an opinion when Plan 0.1 sees the light of Day so CBO can score it?

Anonymous said...

jimmy is a completely moronic sycophant"

Little wonder Cold doesn't waste money on the other blog, considering his slobbering love affair with Obama.

Joyful James said...

The Republicans "want to reform entitlements and cut spending, but they can't actually propose any plans to do these things because it would be politically unpopular. This is a terrible problem for them."
_____________________
So,KDimWit, YOU help them out. YOU tell us how they should do this. Give us specific cuts they should make, etc. Be specific. Be precise.

Saliva rich James said...

And why don't YOU, anonymous cowardly Anonymous, answer that last? Slobberingly or not.

whatta said...

"""Little wonder Cold doesn't waste money on the other blog, considering his slobbering love affair with Obama."""

james celebrates death...of others at his governments hands. And celebrates the tyranny of his government as well....confiscation from the successful, disarming, stealth taxation through monetary means, etc. He is a perfect candidate to have been a German Nationalist Socialist Party member.

It is really sad that there are people as dutifully ignorant and selfish as he.

hb HATES BLOGGER said...

What you teatards don't get is that neither James or I am ignorant about the situation we face. Speaking for myself, I just don't feel like discussing these things with people who can't be honest and in many ways, don't even speak the same language.

Government is here to stay as part of our lives. How much of it we have and how we pay for it are issues that rational people can disagree on and work out solutions that involve "compromise". A word that drives you teatards into fits of irrationality.

KD, I love this deal said...

budget reduction act 2011"

has been replaced with

American Taxpayer Relief Act of 2012 "

Aka Plan O

With 4 trillion more in spending and CBO says taxing the middle/lower income earners and taking 1.5 Trillion out of their hands will cost the Obama Economy in lower GDP.

I think the more we look at this the more there are things I can find to really like.

Since Obama had his G Walker Bush moment, all he had done is raise taxes on the poorest earners and the Middle income.

Anonymous said...

Republicans now insist that tax cuts do explode the deficit and don’t pay for themselves.

That is a complete contradiction of what they have been claiming for 30 years.

If the Republicans had gotten their way, and locked in the Bush tax rates for all, the deficit would be MUCH higher than the CBO reported, which if you look at the details, beyond the ability to most here, that the forecast has a lot of "ifs".

hb

KD, James your on the Whattta Clock said...

So, YOU help them out. YOU tell us how they should do this. Give us specific cuts they should make, etc. Be specific. Be precise.

LOL ,,, for two days you and your butt buddy HB have dodged Whatta's question.

And now you want me to answer your question, ok, I will show you how a Man does it.

Then you will answer Whatta's question and then we will move on.


To answer your question,,, I would give Obama every dime he wants.

1, I vote for a debt limit of 27 Trillion so as to not have to revisit this for the next four years, that might, might be enough given the additional cost of the American Taxpayer Relief Act of 2012 and the Underfunded ObamaCare.

2, I would not put one single thing on the table , i would wait out Obama to lead, for once.

3, I would adjourn the US House and take a nice long vacation and wait for the President to put his past promises on the table in the form of a written plan, he promised in 2008 to reform SS and Medic, so far he has not touched either except to take a combined Trillion out of them. "Obama Promises to eliminate the income tax for seniors who earn less than $50,000 a year."

I await your answer to Whatta's question.

KD, $27 Trillion Debt by 2016 said...

HB agreed that the Bush Tax cuts for those making up to 450,000 a year for families and 400,00 a year for individual helps the economy grow.

Now that is one hell of a person epiphany for him.

I can not wait to see what more growth the nO-information does before our eyes.

KD, $27 Trillion Debt by 2016 said...

September 6, 2008
“But his [McCain’s] campaign has gone even further, suggesting that the best answer to the growing pressures on Social Security might be to cut cost-of-living adjustments or raise the retirement age. I will not do either.”

So off the table is raising the retirement age.

As for the COLA adjustment, well, that one he did in the American Taxpayer Relief Act of 2012 where the President agreed to the new formula.

the truths of whatta said...

yeah, kdem, I'll bring the unanswered question over here...

"...but please, james and hb....explain to us all as best as you are capable how you see even higher deficits, even higher taxes, even higher borrowing costs...as a WIN! And how this is good for the US?

anticipating *crickets*...now."

The Fed Minutes released this afternoon hint at an ending to some QE in the next year. If so, borrowing costs will go up that much faster for the US. If that occurs, to even tread water, the government must - a) decrease borrowing, 2) increase taxes, III) cut entitlements, $) lower all spending....and that is to just tread water.

The Asshat President has zerO intention of that. He will tax and overspend every nickel he can.

"Go Galt"...choke the beast.

Loveable, generous James said...

What Hb said at 2:25 above goes for me as well.

I am so UNinterested in the propaganda that pretends to pass for discussion here that I am not even AWARE of just what WHATTA'S question is that I am supposedly so long "avoiding."

That's how UNseriously I take the rightwing blather that goes on here.

Obviously, we are now getting to the hard parts. How to bring about effective immigration reform and greater gun safety while at the same time making SS and Medicare solvent on into the future, and puttin our economy on a sounder footing.

None of this is politically easy. But the GOP can't use the excuse of trying to make our President a one termer this time.

Snickering James said...

OBAMA FIRST PRESIDENT SINCE EISENHOWER TO WIN 51% OF THE VOTE TWICE (2X)
A revised vote count eight weeks after the presidential election finds President Obama nationally won 65.9 million votes -- or 51.1% of the vote -- against challenger Mitt Romney, who took 60.9 million votes and 47.2% of the total, according to data compiled by Bloomberg.

Obama is the first president to achieve that level of support in two elections since President Dwight D. Eisenhower was re-elected in 1956.
________________
Romney said that 47% of the people wouldn't vote for him. How ironic that it was that many who didn't vote for Obama!

KD, Plan O freezing Captial said...

State of the Union Speech 2010

January 27, 2010
“Starting in 2011, we are prepared to freeze government spending for three years. (Applause.) Spending related to our national security, Medicare, Medicaid, and Social Security will not be affected.”

Great is it 2011 yet?

Good ole James said...

BOEHNER BOXED IN
Exactly two years ago, John Boehner was the toast of Washington. Fueled by the Tea Party gains in the 2010 midterms and facing a humbled president and Democratic Party, Boehner was elected House speaker. Flash forward to today: Boehner [barely once again won] election as speaker. But after passage of the fiscal-cliff deal and the House’s inability to pass a Hurricane Sandy relief package, Boehner finds himself boxed in like never before.

Roll Call: “Over the past few weeks, the Ohio lawmaker has been raked over the coals by members of all stripes within his own party — first by those seeking less spending in exchange for tax rate hikes, then by those seeking more spending for disaster aid. THE PUBLIC THRASHING CAME TO A HEAD WEDNESDAY WHEN NEW JERSEY GOV. CHRIS CRISTIE BLATANTLY ACCUSED BOEHNER OF POLITICAL COWARDICE* FOR PULLING A SUPPLEMENTAL AID PACKAGE FOR THOSE AFFECTED BY SUPERSTORM SANDY." (Boehner has since said that getting Sandy relief will be the first legislative priority of the new 113th Congress.) The one true achievement by Boehner and the House Republicans is that they have turned every spending bill into a debate, which wasn’t the case before, and that is an achievement for the party of small government. But here’s the central question to ask: IS THE REPUBLICAN PARTY IN A BETTER POSITION TODAY THAN IT WAS TWO YEARS AGO? IT'S HARD TO ARGUE "YES" TO THAT QUESTION.
--politicalwire.com

KD, $27 Trillion Debt by 2016 said...

And we must also begin a conversation on how to do the same for Social Security, while creating tax-free universal savings accounts for all Americans.” Obama

Anyone seen his bold plan and the bill he fought so hard for that creates that tax free universal savings account?

The Roth IRA was already in place when he took office, not that that fact would stop him from taking credit for it.


So HB and James are too deep up obama's rectum and out of air to respond, ok, new standard by them is duly noted.

Inquiring James said...

***Christie...blatantly accused Boehner of political cowardice...***

Wonder why Boehner didn't tell Chris to go f. himself?

KD, no end to more Debt said...

the Fed appeared likely to continue buying assets for the foreseeable future, having announced in December it was extending monthly purchases of $40 billion in mortgage securities and also buying $45 billion in Treasuries each month."

With Obama adding 1.34 trillion in new debt and the Fed pumping another 85 billion per month in Obamanomics, one would think we would be seeing real job growth and increases in the Labor Participation rate.

Fed will add over a trillion dollars of pump just this year alone.


Pump is aka Debt

KD, waiting for an honest Socialist said...

' James said...


10:23 AM
whatta said...

and the credit ratings agencies will downgrade, downgrade, downgrade....etc

YEA JAMES AND HB...YOU WON!!!! You won a piss poor future for the workers, retirees, poor, middle class and anyone that isn't a parasite. Congrats.
10:41 AM
whatta said...

I know you have no fvcking understanding at all of how the economy and markets work...but please, james and hb....explain to us all as best as you are capable how you see even higher deficits, even higher taxes, even higher borrowing costs...as a WIN! And how this is good for the US?

anticipating *crickets*...now.
10:44 AM
Amused James said...

Whatta, edjumificate yourself.

Hb and I aren't the only ones saying this was and is good for America... Happy New Year.
10:49 AM
James said...

11:35 AM


James was posting before and after Whatta's question, so was HB, but to keep this brief, James and HB are still running, but hey, they WON the Election, as I have said Congrats.

KD, Algore dodging higher taxes said...

ALgore on the advise of his CPA and Tax Lawyers made sure the sale of his TV Channel was completed in 2012, before the higher tax rates of Obama kicked in.


I do love the open phoniness of Socialist.

Jimmy is a dumbass said...

OBAMA FIRST PRESIDENT SINCE EVER TO WIN WITH A LOWER VOTE THE SECOND TIME THAN HIS FIRST ELECTION

al gorzeera is a traitor said...

James was posting before and after Whatta's question, so was HB, but to keep this brief, James and HB are still running,"

Coward chicken shits, just like al gorzeera.

Anonymous said...

Psalm 666 or Psalm of Obama

The State is my shepherd,

I shall not want.

It makes me lie down in federally owned pastures.

It leads me beside quiet waters in banned fishing areas.

It restores my soul through its control.

It guides me in the path of dependency for its namesake.

Even though our nation plunges into the valley of the shadow of debt,

I will fear no evil,

For Barack will be with me.

The Affordable Care Act and food stamps,

They comfort me.

You prepare a table of Michelle Obama approved foods before me in the presence of my Conservative and Libertarian enemies.

You anoint my head with hemp oil;

My government regulated 16-ounce cup overflows.

Surely mediocrity and an entitlement mentality will follow me

All the days of my life,

And I will dwell in a low-rent HUD home forever and ever.

Amen.

KD said...

From the front Row


Amen

KD, Saving the Broke SS Plan said...

Want to fix the short fall in SS Funding, Take it out of the General Fund.

Then put all fire fighters and police officers on the system.

Then remove the cap.

Raise the retirement age for those under 35 years old to 70.

End the early retirement option for all of those paying into the system currently that are under 50.

And lastly, do not pay out any money to those that have not paid in at least for 40 quarters.

KD, HalfJane are a couple said...

neither James or I am "

Now that the man/woman odd couple relationship is firmly established, Jane is clearly the female in that sick couple.

whatta truth said...

"""t I am not even AWARE of just what WHATTA'S question is that I am supposedly so long "avoiding."""

Thus proving my point that james is a complete, total, utter moron asshat. Unfortunately we still allow those types to vote - hence the predicament we are in in this country

ca said...

"""t I am not even AWARE of just what WHATTA'S question is that I am supposedly so long "avoiding."""

Thus proving my point that james is a complete, total, utter moron asshat. Unfortunately we still allow those types to vote - hence the predicament we are in in this country


All he cares about is generational theft. Putting another generation further in debt

hb said...

Whatta you are a libertarian. Your questions are framed by that particularly odd ideology. To you everything from the time FDR was elected should be repealed. So that means we are not even on the same planet. Nothing and I mean nothing I can say will be seen as rational. I am, from your point of view out to destroy freedom. It is not the truth, but you believe it.

Ben Franklin said...

People willing to trade their freedom for temporary security deserve neither and will lose both. ..:

KD, answering Watta's easy question said...

higher deficits, even higher taxes, even higher borrowing costs." Whatta


How did you know that the nutz on the left would be so devastated by your question?

What did the American Taxpayer Relief Act of 2012

It made this year deficit higher, the Obama Administration will need 1/2 Billion more dollars over the next 10 years to break even (cbo)

Taxes went up on Every ONE with a job and earned income or if they earn more then 450 k from interested and divides they too pay higher taxes, this Law hits almost everyone that takes care of themselves.

The cost of servicing the debt is more burdensome because of two factors, one there is now more of it that 16 trillion plus and this new debt that is going on the books, plus the 85 Billion a month the Fed Reserve is adding each month all cost. Plus interest rates are at some point going to rise and when that happens so will the rates paid by the Federal Govt, the Federal Reserve will not keep the rates effectively at zerO.

The other side of interest rates that have been hurting the middle income and retirees are these very low interest rates. For the majority of Americans in the forgot middle class and retirees that pay their own way Obama directed low interest rates have been devastating on the middle income earner, retirees and college students savings.

On the last, the college student savings accounts, as is prudent, the closer the student gets to attending college the more conservative the savings instruments used become. A shift from stocks to money markets and more liquid positions have to happen to assure and protect both the earnings and principle for the coming funding of college.

HB and James could have, IF they had the depth of Knowledge simply answered your question, they both failed. I don't blame JanesNewBottom he is a passive little woman within the HalfJane wierd sexual relationship. I don't even really blame HB, he simply as you pointed out Whatta
" I know you have no fvcking understanding at all of how the economy and markets work...but please, james and hb.... "



KD, what the new law Punishes said...

dividends* correction for above.

Dividends are what we call in investment the mothers milk of investing. They have been for as long as i have been in and around the world of wealth management the oil that kept the elderly income engine running at peak performance.

Maybe you never took the time to learn about stocks, but there still is a class of stocks called the widow and orphan class. At the heart of these investments is their ability to throw off dividends. But, IF one is successful and leaves enough money to support your widow and children the new American Taxpayer Relief Act of 2012, punishes that you provided for your family. After all the Socialist here believe IF you leave wealth thru your estate after paying all the taxes due during your life they have the right to tax you in death and what the hell your widow can afford it.

caliphate4evr said...

Programming suggestions for Al-Jizz in Amerrica

Here Comes Honey Jew Jew
Married ...To Children
Two and a Half Jihadists
Modern Family ... From The 7th Century
Mad Men
Sponge Bob Exploding Underpants
I Stoned Lucy
30 Rocks
Are You Smarter than a Suicide Bomber?
Allah in the Family
The O'Reilly Fatwa

https://twitter.com/search/realtime?q=%2523CurrentAlJazeeraShowPitches&src=tren

hb said...

Unattributed bs. Simplistic information with a bias from the fake farmer and racial bigotry from Paul. Note again this is why I do nothing but laugh at you asses.

KD, $27 Trillion Debt by 2016 said...

HB, it would be better if you stick with what little you know and not diminish yourself further.

What we need is economic growth that gets more people working, I would love to see some of ObamaNomics coming true.

Like these three promises, cutting the deficit in half by the end of his first term, lower taxes on the middle income earners and last his under 6 percent promise by now.


I wonder if anyone on the left can see he has not kept those promises.

caliphate4evr said...

So Islam is a race?

Idiot

KD, dumbing it down to HB's level said...

HB's views

Taxing everyone more will spur economic growth

The American Taxpayer Relief Act of 2012 = reduces the yearly deficit (will he stated by how much.)

KD, dumbing it down to HB's level said...

The Senate deal to avoid the "fiscal cliff" will add roughly $4 trillion to the deficit when compared to current law, according to new numbers from the Congressional Budget Office (CBO).

Read more: http://times247.com/articles/cbo-fiscal-cliff-deal-will-cost-4t#ixzz2H0wRE09z


Attributed

KD, dumbing it down to HB's level said...

Now onto the issue of the retiree being hurt by unnecessary low interests rates.

“I know that people who rely on investments that pay a fixed interest rate … are receiving very low returns, [which is] a situation that has involved significant hardship for some,” he said in an Oct. 1 speech in Indianapolis. Ben Bernake

Attributed

hb said...

Arabs are considered a racial group by many.

As to k'putz again go fuck the cow you attention seeking whore. You pick and choose with total dishonesty.

KD, $27 Trillion Debt by 2016 said...

someone earning $50,000 will pay $1,000 more a year in federal taxes.

Read more: http://www.nydailynews.com/news/national/payroll-tax-rise-article-1.1231335#ixzz2H0yCbRrU


See HB , just google and read and you could have learned, but, that is not who you are you are a nO-info voter. Be proud your so dumb.


A deal that raised taxes on everyone making a living up to 112 K a year thru more SS taxation.

Celebrative James said...

OBAMA FIRST PRESIDENT SINCE EISENHOWER TO WIN 51% OF THE VOTE TWICE

OBAMA JOB APPROVAL YESTERDAY ON RASMUSSEN AN ASTONISHING +57%
(A PLUS OF FIFTEEN points!!!)

KD, dumbing it down to HB's level said...

I will not understand the shear stupidity of the nO-information voter.


The American Taxpayer Relief Act of 2012 is out there to read and the commentary is there as well, to just put your head in the sand and make believe that this does not tax every worker more, does not add to the deficit and debt is well to be an HB.

KD, dumbing it down to HB's level said...

Now this is a cool fact of the Obama The American Taxpayer Relief Act of 2012.

The middle/low income worker will send more money to the US Federal government thru higher taxes then the those making over $450,000.


Obama soaks the poor/middle income earners.

The more I read this law the more I like it. You nO-info voters got what you wanted higher taxes.

Anonymous said...

oh look, it was better under Bush before dhims took power in 07

Commonsense said...

Arabs are considered a racial group by many.

Only if you are ignorant like halfbrain.

Most Arabs are Caucasians. They are an ethnic group rather than a race to it's own.

KD, dumbing it down to HB's level said...

BLS Labor Force Participation Rate

2009 65.7

2012 63.6


FORWARD to less tax payers and less people taking care of themselves.

Obamanomics is a worker bee nightmare.

Harder to find a job and once one is earned, higher taxes on earnings.

al gorzeera is a traitor said...

Obama's reelection wasn't as impressive as Reagan's.

Reagan GAINED voters, Obama LOST voters.

KD, HalfJane loving higher taxes on the poorest said...

The Bureau of Labor Statistics also revised figures for October down to 137,000 from 138,000 and for November up to 161,000 from 146,000. "

HB you do know how to read this econ 101 HS level data, but here let me help.

Obamanomics is not creating enough jobs, in fact it is losing ground, unemployment was 7.7 it is now at 7.8.

I will not dumb this down any further for you HalfJane.

KD, dumbing it down further to HJ's level said...

Whatta we have the tantrum twins (HalfJane) stomping their feet thanks in great part to you asking a question directed at them about the facts of the The American Taxpayer Relief Act of 2012.


To believe HJ, the Act is not raising taxes on all workers, is not taking money out of the economy.

Taking money out of the hands of 100 percent of those that earn it now. HJ, do tell us how we first reduce the deficit and then start paying down the US Debt?

DO you twins see this happening in this year, is the deficit going down to under 1 trillion?

Let's say only adding the national debt by 900 billion.

I wonder IF HJ understand that servicing the national debt is much harder to do today then it was just 4 short years ago?

9 Trillion x 25 basis points

16 trillion x 25 basis points

see even math a zerO-info voter has a chance of understanding

KD, dumbing it down further to HJ's level said...

Investopedia explains 'Obamanomics'
Obamanomics generally stands in opposition to supply-side, or "trickle-down", economics, which holds that people (including the rich) should keep more of what they earn because they will spend that money, promoting economic growth. Obamanomics shares some similarities with Keynesian economics, which states that active government intervention and monetary policy can smooth out bumps in economic cycles and promote stability.

Read more: http://www.investopedia.com/terms/o/obamanomics.asp#ixzz2H1QghWhY

hb yawns said...

7 more from the attention whore..
Yawn

KD, giving the answers to HJ said...

124,482 million people were gainfully employed in Dec 2011

ONE year later completely with full blow Obamanomics in place and hitting on all 3 cylinders (go green) which way do you think that number has gone, do we have more people working at the end of Dec 2012 or less people working?


Here a freebie for those too freaking lazy to learn.

The current number of employed Omericans is down to 123,774 million.

Forward to less.

KD, data flying over HJ's head said...

At the End of "W" term Servicing of the US National debt in interest payments was 5.3 percent of the total outlays of the Federal Gov't.

With the full and unrestricted turn to all out Obamanomics that debt servicing has spiked to 6.4 percent (end of 2011 lastest data i have found from OMB)

hb smirks said...

http://m.washingtonpost.com/blogs/plum-line/wp/2013/01/04/the-debt-ceiling-isnt-obamas-problem-its-the-gops-problem/

Reality. You lost.

Irrepressible James said...

9:23 LOL You can spin it every-which-a-way, you still can't gainsay the FACT that Obama won by 51% or more BOTH times he ran, the first President since Ike to do that.

Cheerful James said...

According to RASMUSSEN,
OBAMA'S JOB APPROVAL RATING IS NOW AT
+57% (same as yesterday) for likely voters
vs
-41% DISAPPROVAL (down one from yesterday)
and "CONSUMER CONFIDENCE HAS REACHED A FIVE-YEAR HIGH."

Anonymous said...

As always the English major fails


7. To provide an interpretation of (a statement or event, for example), especially in a way meant to sway public opininion

Stating Reagan increased his vote tally and Obama didn't isn't spin it's the truth

al gorzeera is a traitor said...

Obama's reelection wasn't as impressive as Reagan's.

Reagan GAINED voters, Obama LOST voters.

hb said...

Spending by the government has changed little over the last 30 years as a percentage of GDP. FACT

It has spiked during recessions. But now it is going down again.

The difference between now and thirty years ago is the federal tax burden as expressed as a percentage of GDP. That has dropped. Taxes are the lowest, even with what just passed are the lowest in 30 years.

Graphs I cannot post on Blogger show that clearly. Our problem is an aging population. The costs of health care are going to continue to rise. So unless we add a nation decide to throw grandma under the rain aka "The Ryan Plan" we have to figure out a way to pay for it.

KD said...

http://www.google.com/imgres?imgurl=http://blogs-images.forbes.com/joshbarro/files/2012/04/spending-GDP-chart1.png&imgrefurl=http://www.forbes.com/sites/joshbarro/2012/04/16/lessons-from-the-decades-long-upward-march-of-government-spending/&h=960&w=1410&sz=110&tbnid=sqmlxzFOXtx5_M:&tbnh=83&tbnw=122&zoom=1&usg=__Msy87PecaMUWbg9V6LnD54KRLdQ=&docid=xltanSceMduLAM&sa=X&ei=HRvnUJPwCIXI2AWUuoDwDg&ved=0CEAQ9QEwAg&dur=268


Is this your graph?

KD, Graph of GDP/Spending said...

The costs of health care are going to continue to rise." HJ

The above is the exact opposite of what Obama promised when the ObamaCare became the law of the land.

"Health Premiums Up $3,065; Obama Vowed $2,500 Cut"

HJ, you are both dopes

KD, HJ are stopping their SS checks said...

we have to figure out a way to pay for it." HJ

We did, 50 years of money flowing into the Medicare plan.


It needs no more money. Oh and paired with ObamaCare cost are on the way down , right?

HJ, you can not possibly be this fucking dumb.

IT has to be an act. Just has to be.


SO the problem with SS and Medicare is that the 18 year old paid into both plans for their entire work life and now that they are now drawing upon it the system needs more money, lol.


Recall as those boomers originally came into the work force the those now broken systems gladly took in a huge influx of money, they paid more as taxation went up on SS and they paid more to Medi as the rates went up and the cap was eliminated and now, you want MORE money for failure, sure.


HJ did you stop the checks from SS that were flowing to you. You know walk your talk.

Commonsense said...

Spending by the government has changed little over the last 30 years as a percentage of GDP. FACT

Went from 33-35 % of GDP to 40%. So that's what you call "little changed"?

More facts about federal spending and debt can be found here.

KD, Never believe HalfJane they always lie said...

http://ycharts.com/indicators/govt_spend_gdp

Govt Spending vs Gdp

1st qrt of 2009 was 23.20

3rd qrt of 2012 was 24.22


The hell with you HalfJane, i do not have to go back any further then Obama terms term to show you are wrong ,,,, again.

Stick to what you know, how to anal rim James.

KD, Never believe HalfJane said...

Obama Spending as a percent of GDP
Data for this Date Range
Sept. 30, 2012 23.78%
June 30, 2012 24.22%
March 31, 2012 24.06%
Dec. 31, 2011 24.26%
Sept. 30, 2011 24.69%
June 30, 2011 25.53%
March 31, 2011 25.23%
Dec. 31, 2010 25.49%
Sept. 30, 2010 25.59%
June 30, 2010 25.57%
March 31, 2010 25.52%
Dec. 31, 2009 25.09%
Sept. 30, 2009 25.27%
June 30, 2009 25.36%
March 31, 2009 23.20%

KD, Great Links CS said...

CS, HalfupJanesass is just a freaking idiot.

No matter how much we try to educate them they are never going to be a dot smarter.


Can you give me a short tutorial on how to post a link to a web site, thanks

Plain ole James said...

KJ said what? Who is KJ?
Who cares?
KS, KD, KJ, HJ, HB, HH, JJ, JH
Who cares?

KD, DemUnderground just figured out how higher taxes work said...

Democratic Underground

The thread on there is tooooooo funny, the socialist are pissed off because some have gotten their first checks under The American Taxpayer Relief Act of 2012 .


Oh how I do love it when the pro-higher tax mob get hit with higher taxes on them.

Just James said...

THREE REASONS THE NEXT ROUND OF BUDGET TALKS MIGHT BE EASIER

http://theweek.com/article/index/238402/3-reasons-the-next-round-of-budget-talks-might-be-easier

Teatard Troothers weep.

Flying high above the fray James said...

Dear Reader, you may have noticed by now that certain types who post here constantly resort to using insulting language and images. That's because they can't argue reasonably, so they resort to such low life non-arguments.

Commonsense said...

Can you give me a short tutorial on how to post a link to a web site, thanks

[a href="Your Web site address"]Your text here.[/a]

Replace the brackets with the carrot characters.

hb with the facts said...

In 1980 the federal government spent 22.2 percent of GDP.

By 2000 that dropped to 18.2 percent of GDP.

Then Bush was elected, fought two wars and cut taxes.

But the Office of Management and Budget estimates that by 2017, spending will once again be 22.2 percent of GDP, exactly the same as it was 30 years ago.

Federaltax revenue was 19.6 percent of GDP when Reagan took office, and it's projected to be 19.2 percent of GDP in 2017.

Again, about the same.

Expressed as percentages of the GDP, the numbers have not moved much in 30 years. Although the Great Recession caused a drop in revenues, and a spike in spending, the biggest reason our debt is the size it is today, is what happened during the administration of one George W. Bush. Two wars, increases in Medicare spending, and increased spending on other government programs plus defense. None of them were paid for, they were all piled on the deficit. And taxes, as I noted earlier, even with the new law, are still lower than they have been for half a century.

So all the bs that flows through here is partisan hyperbole.

Anonymous said...



LOL... wow.

that tax increase on the middle class is going over like a fart in church today with everyone from the asshats on DU to my friends, acquaintances and co-workers who voted for dear leader.

the "patriotic" privilege of "paying your fair share" sure has lit the fuse on a ton of liberal tampons.

- rrb


KD, HJ, sitting and spinning said...

15.3% Payroll tax, HalfJane said it is not enough.
OK, what amount taken from the worker and employer is enough.



HJ said

"Spending by the government has changed little over the last 30 years as a percentage of GDP"

well with socialist you have to first define "little".

When it goes from "22.2 percent of GDP" to "March 31, 2009 23.20%" you see that to some small intellect voter, the federal government spending 1 percent more of our total production is "little".

However, the GDP is not a static number.


GDP in 2017" HalfJane


I know he does not get how that hurts his point, hush do not tell him let him sit and spin.

KD, $27 Trillion Debt by 2016 said...

"paying your fair share" sure has lit the fuse on a ton of liberal tampons.

- rrb

Darn that is true and funny



CS thanks for the info

dumb f-ck said...

caliphate4evr said...
Programming suggestions for Al-Jizz in Amerrica

Here Comes Honey Jew Jew
Married ...To Children"


You have reach the nadir of stupidity, cali. There are no adjectives that can adequately describe your lack of a life.

Laughing James said...

BOEHNER'S HAPLESS OPPOSITION
Josh Green: "Every few days, some Businessweek editor suggests that I write a post about why John Boehner would possibly want the job of House Speaker, to which he was reelected on Thursday. I always decline, because I don't have the foggiest idea why anyone would want the job. But I do know why he keeps it. He keeps it because the misfit band of Tea Partiers who tried, and failed, to dislodge him are utterly hapless. Not mildly or endearingly hapless like Betty White on Golden Girls, but Three Stooges hapless."

Anonymous said...

http://news.yahoo.com/trillion-dollar-coins-ultimate-debt-ceiling-end-around-110038545--abc-news-politics.html

awesome.

all we need to do is mint 16 one trillion dollar coins and all our problems are solved.

- rrb

dumb f-ck said...

all we need to do is mint 16 one trillion dollar coins and all our problems are solved.

- rrb"

Simple thoughts from simplistic minds. LOL

caliphate4evr said...

that tax increase on the middle class is going over like a fart in church today with everyone from the asshats on DU to my friends, acquaintances and co-workers who voted for dear leader.

#WhyIsMyPaycheckLessThisWeek because before Nov 6, you were a useful idiot. Now you're just an idiot.

Anonymous said...

Both parties decided to end the payroll tax holiday.

But you dipwads of course, blame Obama.

hb

Commonsense said...


hb cherry-picking the facts said...
In 1980 the federal government spent 22.2 percent of GDP.


Talk about partisan hyperbole.

Just click on the links at 12:28 to get the complete story.

Commonsense said...

Both parties decided to end the payroll tax holiday.

Not according to Obama. He won. Or so he says.

dumb f-ck said...

#WhyIsMyPaycheckLessThisWeek because before Nov 6, you were a useful idiot. Now you're just an idiot."

Iowahawk tweet....and cali calls us idjits.

Chuckle.....very profound from the UGA flunky.

caliphate4evr said...

No epiphanies in Washington: The Congressional Budget Office estimates that the latest triumphant deal includes $2 billion of cuts for fiscal year 2013. Wow! That’s what the government of the United States borrows every ten hours and 38 minutes. Spending two months negotiating ten hours of savings is like driving to a supermarket three states away to save a nickel on your grocery bill.

A space alien on Planet Zongo whose cable package includes Meet the Press could watch ten minutes of these pseudo-cliffhangers and figure out how they always end, every time: Spending goes up, and the revenue gap widens. This latest painstakingly negotiated bipartisan deal to restore fiscal responsibility actually includes a third of a trillion dollars in new spending. A third of a trillion! $330,000,000,000! Fancy that! In most countries, a third of a trillion would be a lot of money. But in the U.S. it’s chump change so footling it’s barely mentioned in the news reports. Then there’s the usual sweetheart deals for those with Washington’s ear: $59 million for algae producers, a $20 million tax break if a Hollywood producer shoots part of a movie in a “depressed area” as opposed to a non-depressed area, like Canada. I’m pitching a script to Paramount called “The Algae That Ate Detroit.”


http://www.nationalreview.com/articles/336944/fiscal-cliff-mirage-mark-steyn

dumb f-ck said...

http://www.nationalreview.com/articles/336944/fiscal-cliff-mirage-mark-steyn"

Brilliant C&P. Another opinion you agree with. Maybe someday you will come up with some of your own words to express what you feel. Isn't that what they taught you at UGA???? Steyn is just another hack you read.

whatta said...

more on the zerO win of the cliff....

"In 2012, the U.S. will spend around $220 billion in net interest on its debt, according to the Congressional Budget Office — a figure that is expected to spiral ever higher in coming years.

Erskine Bowles, a co-chair of the president's bipartisan deficit-reduction commission known as "Simpson-Bowles," has called the nation's compound interest burden one of the biggest long-term challenges facing the United States.

"We'll be spending over $1 trillion a year on interest by 2020. That's $1 trillion we can't spend to educate our kids or to replace our badly worn-out infrastructure," said Bowles at a recent forum hosted by IHS Global Insight. "What makes it doubly bad is that trillion will be spent principally in Asia, because that's where our debt is."


...and you know it will, in reality, be much worse than that...IF China, Japan and the Fed keep funding us. Dollar destruction to continue unabated. Gold and Silver and Oil, Oh My!!!

caliphate4evr said...

...and you know it will, in reality, be much worse than that...

Just stamp a few trillion dollar coins...

All is well, remain calm...

whatta said...

"""All is well, remain calm..."""

LOL...and the zerOista's tried to sneak this out with a Friday release from the CBO...guess what? The "obama win" on the fiscal cliff is going to cost even more than the 4T first guess.

"...why will the legislation increase deficits? Mostly because, under the laws previously in place, numerous tax provisions originally enacted in 2001, 2003, and 2009 would have expired. As a result, in 2013 personal income tax rates would have gone up for people at all income levels, the alternative minimum tax (AMT) would have applied to many more people, estate and gift taxes would have risen, and a number of other revenue-increasing changes in tax law would have taken effect. This legislation will prevent those changes in law from occurring or reduce their scope; hence, relative to what would have happened without the legislation, it embodies substantial tax cuts. The legislation also will boost deficits by increasing spending, mostly for refundable tax credits and unemployment compensation.

That dramatic widening of the budget deficit will increase interest payments on the federal debt, an impact that is not included in CBO’s cost estimates. The additional debt service will cost about $600 billion. Thus, if we added the estimated cost of the legislation and the related debt service to our previous baseline budget projections (which followed current law at the time), we would show additional deficits between 2013 and 2022 of roughly $4.6 trillion. "

link to cbo report

Took about 5 minutes to prove my previous post true...and I bet it will still be worse yet.

hb said...

Remain calm. As Dear Leader said. Terror must be stopped. Now take a look at this shot. After two wars, medicare drug coverage and a tax break.

caliphate4evr said...

And as always fatman has nothing but MSNBC talking points, nothing of relevance just what a blue collar parrot is taught to repeat

whatta said...

"""nothing but MSNBC talking points,"""

Hey...lookie! An MSM story saying zerOcare will cost jobs.

"Health care law may mean less hiring in 2013
Paul Davidson, USA TODAY
Many businesses plan to bring on more part-time workers next year, trim the hours of full-time employees or curtail hiring because of the new health care law, human resource firms say.

Their actions could further dampen job growth, which already is threatened by possible federal budget cutbacks..."

Anonymous said...

What do Andrew Jackson, Ulysses S. Grant, William McKinley, Franklin D. Roosevelt, Eisenhower, and now, Barack Obama have in common?

hb knows

whatta said...

And one saying that zerO' fiscal cliff del is full of MORE crony crapitalism including:

"

$78 million to retain an accelerated tax write-off for owners of NASCAR tracks
$62 million tax credit for companies operating in American Samoa
$222 million tax rebate for rum distillers
$222 million in accelerated depreciation for businesses located on Indian reservations
$430 million over two years in tax breaks for film and television producers who incur production costs incurred in the United States, with a special bonus if the costs are incurred in economically depressed areas in the United States
$59 million in tax credits for cellulosic biofuels
$2.2 billion in tax credits for biodiesel and “renewable diesel”
$7 million in consumer tax credits for buying plug-in motorcycles
$154 million for the manufacturers of energy-efficient appliances
$650 million in tax credits for builders of energy-efficient homes
$12 billion in wind-energy-production tax credits"

caliphate4evr said...

"Health care law may mean less hiring in 2013
Paul Davidson, USA TODAY
Many businesses plan to bring on more part-time workers next year, trim the hours of full-time employees or curtail hiring because of the new health care law, human resource firms say.

Their actions could further dampen job growth, which already is threatened by possible federal budget cutbacks..."


Wow exactly what I have predicted for over 2 years. Who da thunkit?

But we have a carpenter and an English/seminary major that have more business knowledge on the blog.

All iswell Obumble was elected

hb does not fall for failed philosophies. said...

The insurance salesman relies on the neocons to tell him what to think. And that is supposed to show how deep and well informed he is. Cough cough.

Anonymous said...

S&P closed at it's highest level since 2007. Obama is the worst socialist in history.

dumb f-ck said...


And as always fatman has nothing but MSNBC"


LOL says the fratboy who provides endless guano from those great sites like Iowahawk and NR. Pot, meet kettle!


You are very amusing when HB gets the best of you, cali.

Chuckle

dumb f-ck said...

Wow exactly what I have predicted for over 2 years. Who da thunk it?"

LOL...sure you may have predicted it. You should read the qualifier you posted "may mean less" or " could dampen". It's kinda like you and science, you ain't gotta clue. Hell, I predict the economy may rebound with 4% growth this year.

Chuckle

KD, stocks up said...

Anyone know the percent of Americans that are invested in the US Stock Market?

KD said...

That increase in payroll taxes will have a immediate and negative effect on the budgets of homes around the USA.

Facts

1, Obama said that tax had to be lower to stimulate Obamanomics and to pay for "milk,gas,food" and other "nessesities" in his piss poor economy.

2, Jobs, jobs, and jobs, yes that old sing song, it will create jobs by cutting the tax. “puts money in people’s pockets at a time when they’re still struggling to dig themselves out of this recession."obamanomics

3, It took 115 Billion dollars a year out of Social Security.


In the American Taxpayer Relief Act of 2012.

The Bill was written by Obama, Sheppard by Ried/Polosi.

Yet disowned by HalfJane.

hb sees the future and it is good news said...

The payroll tax holiday was designed to stimulate the economy as part of the stimulus bill the Republicans have claimed untruly had no positive impact.

Now these same Republicans are proclaiming it to be the holy grail, and that letting it lapse will destroy the recovery.

Am I alone here in seeing this as just more proof that these people are more interested in making political hay than in helping reduce the deficit? Once all the noise dies down, this relatively small tax increase will not have a negative affect on the recovery.

What I think bothers Republicans the most is that the economy is on the edge of a major upturn. Confidence is increasing. Demands for goods and services are increasing. Construction employment is improving. The housing market is improving. There is a backlog of demand because the market has not built to keep up.

The last thing to recover in a major recession is employment. But once hiring starts it tends to accelerate rather quickly. The pieces are in place for solid if not if not spectacular growth. And the recently re-elected President will get the credit for it. That alone will make a huge dent in the deficit.

And the poor old Republicans are in a panic. So, in their usual style they will do their best to arrest this growth with another partisan attack by trying to hold the recovery hostage to increasing the debt limit. This too will fail. The recovery will fan steam over the next two years, and that will make possible something most people say is unlikely.

The Democrats regain control of the house. The seeds of the destruction of the tea party are being sewn right now. Because if I am correct and the economy takes off, the voters will see them as the roadblocks to recovery that they are.

KD said...

HB


Do tell us how now is the right time to break the Obama promise of no higher taxes on the working poor and the middle income earners?

HB Does stand up said...

economy is on the edge of a major upturn. Confidence is increasing. Demands for goods and services are increasing. Construction employment is improving. The housing market is improving. There is a backlog of demand because the market has not built to keep up.

The last thing to recover in a major recession is employment. But once hiring starts it tends to accelerate rather quickly. "

Saved under : HB does stand up

Dec Consumer Confidence DOWN said...

The Conference Board Consumer Confidence Index® Declines

27 Dec. 2012


Can't hear ya over the facts.


Try not to talk about economics you only look as stupid as , well, always.


Sense appreciating James said...

Mark Steyn speaketh tripe.
Hb at 8:01 speaketh sense.

Leading Indicators DOWN said...

Thursday, December 20, 2012

The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.2 percent"

Bemused James said...

"CONSUMER CONFIDENCE HAS REACHED A FIVE-YEAR HIGH."
That's according to Rasmussen, yesterday.

Anonymous said...

S&P 500 revenue fell 0.8 percent in the third quarter for the first decline since the third quarter of 2009, Thomson Reuters data showed. Earnings growth for the quarter was a paltry 0.1 percent after briefly dipping into negative territory."

whatta said...

""" Anonymous Anonymous said...

S&P closed at it's highest level since 2007. Obama is the worst socialist in history."""

And who are the winners and the losers in that deal? Market up due to FED actions...aka QE.

Winners...the rich cuz they are the preponderance of the market.

Losers...the middle class and poor due to inflation caused by the FED actions.

Yeah, he IS the worst, stupidest, and most Kenyan socialist in history, your hypothesis is confirmed.

whatta said...

regarding consumer confidence...it IS at a high for the last couple of years, but, as a market chartist would tell you...

overall it is still in a decline since the dotbomb days.

Watchful James said...

The President Wishes You a Happy New Year, States What He Will Seek to Do in that New Year, and Warns there Is One Thing He will Not Compromise On...

http://www.whitehouse.gov/photos-and-video/video/2013/01/05/weekly-address-working-together-new-year-grow-our-economy-and-shri

whatta said...

sweet!

"Senator Dianne Feinstein,

I will not register my weapons should this bill be passed, as I do not believe it is the government's right to know what I own. Nor do I think it prudent to tell you what I own so that it may be taken from me by a group of people who enjoy armed protection yet decry me having the same a crime. You ma'am have overstepped a line that is not your domain. I am a Marine Corps Veteran of 8 years, and I will not have some woman who proclaims the evil of an inanimate object, yet carries one, tell me I may not have one.

I am not your subject. I am the man who keeps you free. I am not your servant. I am the person whom you serve. I am not your peasant. I am the flesh and blood of America.
I am the man who fought for my country. I am the man who learned. I am an American. You will not tell me that I must register my semi-automatic AR-15 because of the actions of some evil man.

I will not be disarmed to suit the fear that has been established by the media and your misinformation campaign against the American public.

We, the people, deserve better than you."

James said...

The President speaking on what he described as "the worst day of my presidency":

http://www.whitehouse.gov/photos-and-video/video/2012/12/14/president-obama-makes-statement-shooting-newtown-connecticut

Speaking reason to irrationality James said...

"Iam not your subject. I am the man who keeps you free. I am not your servant. I am the person whom you serve. I am not your peasant. I am the flesh and blood of America.
I am the man who fought for my country. I am the man who learned. I am an American. You will not tell me that I must register my semi-automatic AR-15 because of the actions of some evil man."
___________________
Dear, brave, bold soldier,
Thanks for your years of military service.
But has it perhaps escaped your notice that for many, many years now, if you own a machine gun, it must be registered under some very strict federal and state guidelines and laws permitting legal ownnership of such a weapon? And has it escaped your notice that you cannot legally own a bazooka or flame thrower or a surface to air missile launcher or a "suitcase" nuclear bomb?

Perhaps you should also agitate against the laws that prevent you from owning those weapons...

And see how far you get.

Anonymous said...

The FED pumping $80B a month into the economy is growth. This President piling up $5T in debt in four years is somehow the responsibility of the guy who retired four years ago. This President's tough talk in 2011 that he'll veto any tax legislation that does not include spending restraint gets washed away like a Hawaiian sand castle, and the fawning networks do interviews with questions about the Obama marriage and their dog. Yes all is well. Kumbayah.

Gentle James said...

Kumbayah.

Hugely amused James said...

Great photos and cartoons.

Especially, eight years ago and further down the photo from four years ago and labeled "Never saw that coming, eh, Dick?"

http://mail.aol.com/37276-111/aol-6/en-us/Lite/MsgRead.aspx?folder=Inbox&uid=29593700&seq=2&searchIn=none&searchQuery=&start=0&sort=received&sortDir=descending

And if the link didn't work, go to "Obama Diary" for today.

KD said...

HalfJane

top five things you would cut from the Obama Budget?


Here i will start:

Energy Department
USDA

KD, suck on it HalfJane said...

Investopedia explains 'Obamanomics'
Obamanomics generally stands in opposition to supply-side, or "trickle-down", economics, which holds that people (including the rich) should keep more of what they earn because they will spend that money, promoting economic growth. Obamanomics shares some similarities with Keynesian economics, which states that active government intervention and monetary policy can smooth out bumps in economic cycles and promote stability."

Yep,,,, FOwarD

More people in poverty then ever in the history of the USA.

More then in the great depression.





KD new leaf no longer being nice to the zerO-info voter said...

The Conference Board (KD)
vs
Rasmussen polling company (Jane)


I find you to be a small little closed minded she-male and an economic dullard.


Tell us Jane when does Obamanomics start to work?

It is not now, or yet, proof, read the reports from the Fed.,,,,, look at the pissed off DU people over the loss of 2 percent in take home pay.

I know your a punk and in real life have had your ass kicked repeatedly by both men and woman, but for some time you have posted here, i think you are a liar about most of what you say and you are not at all a man of the cloth.

You sicken me, the world will be a much better place the day you draw your last breath.

HB, your lack of any real education shouts out at us, economically your are the prototype Obamabot, stupid, poorly educated and on SSI.

zerO-Information voters said...

Obamanomics

Highlights

Total Federal Debt + 52 %
Real Family income -5 %
Real Household income -5 %

Hell yes we have to have four more years of this.

consumer sentiment index decreased to 74.5 said...

The Thomson Reuters/University of Michigan preliminary consumer sentiment index decreased to 74.5 this month from 82.7 in November. Economists projected a preliminary reading of 82 for December,2012"

Ok so HalfJane are wrong, nothing new.

Merrily rolling with the punches James said...

KD must be a pretty poor specimen of human to have to resort to constant name calling.

But we already knew that, and have known it for a long, long, long time.

He even once called our First Lady a cheap Chicago whore and then later tried to claim he had never said that.

Repeatedly he claimed he had never said that, until finally someone showed him his own exact words.

And he wonders why we find it so easy to ignore him...

hb living life said...

James k'putz is showing signs of stress isn't he?

He inherited all he has but clings to these insults like a security blanket. I have things to do and people to see. Later

The Right Reverend His Holiness James said...

'...you are not at all a man of the cloth...'

LOL, my standing as an actively engaged ordained pastor was recently renewed by the Wisconsin-Illinois region of my church.

dumb f-ck said...

Energy Department"

Any program in kansas.

Commonsense said...

But has it perhaps escaped your notice that for many, many years now, if you own a machine gun, it must be registered under some very strict federal and state guidelines and laws permitting legal ownnership(sic) of such a weapon?

Perhaps it escapes your attention that he's not talking about machine guns, a bazooka, or flame thrower.

He's talking about a rifle that the 2nd amendment has clearly stated he has a right to keep and bear and government cannot infringe on that right.

Commonsense said...

LOL, my standing as an actively engaged ordained pastor was recently renewed by the Wisconsin-Illinois region of my church.

Obviously without inspection or investigation by the cult you belong to.

whatta said...

"""Obviously without inspection or investigation by the cult you belong to. """

he's lucky Janet Reno isn't AG any longer or they would have incinerated his azz by now! LOL.

whatta said...

Dallas, population 1,200,000....lots and lots of guns and they are legal.

152 homicides

Chicago population, 2,700,000....handguns are illegal, yet are responsible for 96% of the murders.

500 homicides

Government idiocy at work. Hows that war on drugs, poverty, terrorism, etc working!!!

caliphate4evr said...

Hey whatta, google every orange dot represents a Texas gun owner.

whatta said...

"""Hey whatta, google every orange dot represents a Texas gun owner."""

LOL. Funny and mostly true. I do my share!

This was one of the replies:

"The blue dots represent well-educated responsible Texas gun owners with a reasonable BMI."

...LOL...made by a disgruntled, democrat, goverment sanctioned murder-loving "pastor" no doubt.

whatta said...

And,

I know what fun games I can play tomorrow

whatta said...

tax them and they will leave...ask france and...

MOVING OUT

The top-five outbound states for 2012 were:

New Jersey
Illinois
West Virginia
New York
New Mexico

James said...

THE EXAMINER: When historians look back on the presidency of Barack Obama, one would hope that they view his legacy as more then just being the first African American President who succeeded despite having to overcome some of the worst treatment a President could withstand; or as more than the President responsible for the establishment of an affordable health care act ensuring healthcare coverage for all Americans; or responsible for having saved the U.S economy from a second depression; or for killing the number one mastermind terrorist in the world.

Indeed one would hope that that historians recognize that President Obama’s legacy is that of a true warrior for social justice ..... A steadfast true leader, who even when faced with obstruction from hostile political extremists on the right, is still ensuring that all Americans get a fair shake at the American dream….

FULL ARTICLE HERE
http://www.examiner.com/article/president-obama-s-legacy-one-of-america-s-great-warriors-for-social-justice

Pastor James, quoting, said...

"Obviously without inspection or investigation by the cult you belong to."

The Christian Church (Disciples of Christ) is a cult?

I dare say whatever group you belong to comes much closer to the definition of "cult." :-)

Anonymous said...

Unitarians are

NRA loving James said...


COMMONESENSE, WITH HIS USUAL LACK OF ACUMEN, SAID:
"Perhaps it escapes your attention that he's not talking about machine guns, a bazooka, or flame thrower.

He's talking about a rifle that the 2nd amendment has clearly stated he has a right to keep and bear and government cannot infringe on that right."
_____________
Dear Commonsense, please quote for us that portion of the Constitution that clearly designates that we have the right to own a musket or an assault rifle, BUT NOT the right to own a machine gun, bazooka, grenade launcher, flame thrower, or surface to air missile launcher.

Perhaps it has escaped your attention that all are arms or armaments and can be borne.

dumb-f-ck said...

Population of UK 58.7 M

Death by gunshot 148

Lots of gun controls.

dumb-f-ck said...

US POPULATION 310+MILLION

deaths by gunshot....approaching 30k per year. Will soon surpass those killed in automobile accidents.


KD said...

^http://www.forbes.com/sites/peterferrara/2012/06/07/the-ongoing-disgrace-that-is-obamanomics/2/ horrid^

KD, 27 Trillion by 2016 said...

Will Obama be able to Lower Unemployment and cut spending after getting every dime in new taxes for 100 percent of the US Work force?

Commonsense said...

Dear Commonsense, please quote for us that portion of the Constitution that clearly designates that we have the right to own a musket or an assault rifle, BUT NOT the right to own a machine gun, bazooka, grenade launcher, flame thrower, or surface to air missile launcher.

A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.

It seems obvious that the the framers meant for individuals have a right to bear arms that are the equivalent of a standard rifle or side arm issued to the infantry.

The Marine who wrote the letter want not concerned about machine guns, bazookas, grenade launchers, or flame throwers, just rifles and side arms.

KD, 27 Trillion Ntl Debt by 2016 said...

And by cutting spending, because all terms need to be defined when debating Socialism, means that the cost of government at the end of 2013 is less then it was at FY 2012.

Commonsense said...

Perhaps it has escaped your attention that all are arms or armaments and can be borne.

You can't bear a cannon, and flame throwers, machine guns, and bazookas usually require a two-man team to operate.

Anonymous said...

Lawless

dumb-f-ck said...

It seems obvious that the the framers meant for individuals have a right to bear arms"

And since you are an adherent of the great Scalia, a strict constructionists who interprets the constitution in the language of the day, I would bear to guess, muskets, not semi auto, would be the weapon of the day.

Chuckle

Unexpectedly said...


CA Tax Revenues Continue to Drop Despite Tax Hikes

On Tuesday, California released a report that revealed state tax revenues have plummeted even further below Gov. Jerry Brown’s (D) estimates, even after residents voted to increase taxes via Proposition 30 in November’s elections.
At the end of November, “taxes were 3% short in the fiscal year that started in July,” which is “a gap of $936 million.” The state was 0.7% short a month before.

KD, Loving CA misery said...

CA Tax



Not enough workers in that failing State.


I Love it, HB, I hope you enjoy rising tax rates as we in Kansas enjoy dropping rates.


KD, Fuck You said...

mp to: navigation, search
McDonald v. Chicago
Seal of the United States Supreme Court.svg
Supreme Court of the United States
Argued March 2, 2010
Decided June 28, 2010
Full case name Otis McDonald, et al. v. City of Chicago, Illinois


In a great act of Defiance, McDonald told the City, State and Federal Government to go fuck themselves.

KD, Loving CA misery said...

Oh and by the way, Mr. McDonald is black. So go fuck yourself HalfJane.



Jane does HB ever let you be the top in your twisted lives or are you always his sissy bitch?

Commonsense said...

And since you are an adherent of the great Scalia, a strict constructionists who interprets the constitution in the language of the day, I would bear to guess, muskets, not semi auto, would be the weapon of the day.

Muskets would be the standard issue for the militia of 1789.

M16's would be the standard issue for today's militia.

Another asinine comment from the shit for brains troll.

dumb-f-ck said...

Muskets would be the standard issue for the militia of 1789. "

Which is how a constructionist, if true to his word would interpret an "arm" in todays world.

Don't you even know what Scalia stands for?

Chuckle

dumb-f-ck said...

"In his quarter-century on the Court, Scalia has staked out a conservative ideology in his opinions, advocating textualism in statutory interpretation and originalism in constitutional interpretation."

You understand what this means, sense???? Look it up!

dumb-f-ck said...

For those who are never wrong. That means you, sense.


In the context of United States constitutional interpretation, originalism is a principle of interpretation that tries to discover the original meaning or intent of the constitution.[1] It is based on the principle that the judiciary is not supposed to create, amend or repeal laws (which is the realm of the legislative branch) but only to uphold them.[1] The term originated in the 1980s [2] but the concept is a formalist theory of law and a corollary of textualism.
Today, originalism is popular among political conservatives in the U.S., and is most prominently associated with Antonin Scalia, Clarence Thomas and Robert Bork. However, some liberals, such as Justice Hugo Black and Akhil Amar, have also subscribed to the theory.[3]

NRA lovin' James said...

I guess Commensa thinks it took two people to operate an Al Capone style "Tommy gun."

Likeable James said...

DIVIDED GOP FACES BIG BATTLES AHEAD

"The Republican Party seems as divided and angry as ever," the AP reports.

New York Times: "From Mitt Romney's loss on Election Day through the recent tax fight that shattered party discipline in the House of Representatives, Republicans have seen the foundations of their political strategy called into question, stirring a newly urgent debate about how to reshape and redefine their party."

"At issue immediately is whether that can be achieved through a shift in tactics and tone, or will instead require a deeper rethinking of the party's longtime positions on bedrock issues like guns and immigration... The coming legislative battles are certain to expose even more division in the party. And with establishment Republicans and Tea Party activists at times speaking as if they are from different parties altogether, concern is spreading throughout the ranks that things could get worse before they get better."

The Los Angeles Times says the recent budget battles have exposed a divide between the GOP's solid Southern base and the rest of the country.
_____________________
Couldn't happen to a more deserving bunch...

Commensurating James said...

File Under: POOR OLE GOP. CAN'T EVEN GET THIS TO WORK FOR THEM.

GOP Dissension Over Debt-Ceiling Strategy
"There are early signs of division within the Republican Party over how to approach the upcoming debate over raising the federal debt ceiling," the Washington Post reports.

"On Friday, a top Senate Republican signaled that members of his party should be prepared to PLAY HARDBALL and be willing to accept the kind of consequences in each previous fight they've threatened but managed to avoid... But other Republicans counseled CAUTION, warning that pressure from the business community and the public to raise the $16.4 trillion federal borrowing limit renders untenable any threats not to do so and will weaken the GOP's hand if their stance is perceived to be a bluff."

hb Bronco Fan said...

The Vikings? Who dat?

dumb-f-ck said...

LL and be willing to accept the kind of consequences in each previous fight they've threatened but managed to avoi'

the GOP has become the party of disfunction. They would rather kill the economy than compromise. Boner is a spineless wimp that counts rrb and the like as supporters. Maybe they should shut it down and be forever banished into obscurity. Good.

Commonsense said...

Clueless' James said...
I guess Commensa thinks it took two people to operate an Al Capone style "Tommy gun."


Perhaps you revisit the definition of a machine gun. A "tommy gun" is not a machine gun, it's classed as an automatic rifle or a sub-machine gun.

A real "machine gun" is a heavy 50 caliber tripod mounted gun that requires a two-man crew to operate.

The shooter and the belt feeder.

Commonsense said...

Muskets would be the standard issue for the militia of 1789. "

Which is how a constructionist, if true to his word would interpret an "arm" in todays world.


Wrong again shit for brains. If they meant muskets, the would have said the "the right to keep and bear muskets".

But they didn't. The framers knew better than anyone else weaponry changed with time. That is why they used the generic term "arms".

You really are over your head.

Commonsense said...

In the context of United States constitutional interpretation

Congratulations, you can cut and paste from Wikipedia.

Maybe you should listen to Scalia's own words:

"I mean, obviously, the (2nd) amendment does not apply to arms that cannot be hand-carried. It's to 'keep and bear.' So, it doesn't apply to cannons. But I suppose there are hand-held rocket launchers that can bring down airplanes that will have to be -- it will have to be decided."

Scalia said he would consider the limitations society observed when the Constitution was written -- and then "see what those limitations are as applied to modern weapons."

Earlier in his interview with Chris Wallace, Scalia explained his approach to judging the constitutionality of a law: "Textualism means you are governed by the text. That's the only thing that is relevant to your decision, not whether the outcome is desirable, not whether legislative history says this or that -- but the text of the statute.

"Originalism says that when you consult the text, you give it the meaning it had when it was adopted, not some later modern meaning. So --"

Wallace interrupted: "So, if it was the Constitution written in the 18th century, you try to find what those words meant in the 18th century."

"Exactly," Scalia replied.


The word "arms" means exactly the same in the 18th century as it means today.

whatta said...

hey lw's, how do you personally reconcile zerO being an admitted pothead while growing up in Hawaii...now being President of the USA and imprisoning people for the same shit he did?

Obama Administration Throwing Medical Marijuana Patients Into Federal Prison at Unprecedented Rate

The war criminal assclown president should be in prison with them.

hb said...

Whatta, you are going over the edge. Does the statute of limitations mean anything to you? Yes, the government under both parties has been hypocritical on drug use, especially marijuana, a drug George W. Bush used too. And on top of that, he is an alcoholic, even though he keeps that to himself. But your flights of fantasy are reaching inane levels of hyperbole. Seriously.

whatta said...

So you do not reconcile the hypocrisy of the current admin?

if president asshat would have been busted as a dope smoking island boy...would he be president. Doubtful. Did he turn out alright (subject to a vast difference of opinion) as a person after being a doper?

So why is his admin being such a jackboot enforcer of the law on something that could have gone so differently in his life.

Hypocrisy....thy name is Liberal.

KD said...

Average Worker (as few as they are) will have to live on 1200 less dollars in 2013 then they did last year.

Because Obama raised taxes on the poorest workers all the way thru to the upper middle income earners.

This all after he promised in tow elections to not raise taxes one DIME on the middle income and the poor.

hb telling the truth. said...

Oh bullshit whatta. The same thing could be used against a lot of politicians. Including George W. Keep this up, you and k'putz will both be worthy of ignoring.

KD, SS is going broke said...

What will CA do now.

Gov moonTAX and Obundler have both raised taxes on the people across the board of the people of CA.

CA's new sales tax is a disaster and the higher payroll tax against the people of CA is only going to take billions out of the economy and ship it to a more deserving place DC.

Let's make sure we know the new and overly stupid view of the problem with SS from our friend the HalfJane.

As he has much repeated the problem with SS now is that the people that have paid in for over 50 years want their money back as promised.

dumb-f-ck said...

"I mean, obviously, the (2nd) amendment does not apply to arms that cannot be hand-carried. It's to 'keep and bear.' So"

LOL at you again. You cherry pick a single sentence from your hero that now defines arms as anything but cannons, and that automatic rifles and tommy guns are not machine guns. You truly are a loser and defend guns rather than kids and argue about a justices philosophy that us bit constant or logical! Keep defining yourself as an extremist follower rather than actually thinking things through. LOL at the hypocrisy of scalia......he should not be a judge.



Scalia said he would consider the limitations society observed when the Constitution was written -- and then "see what those limitations are as applied to modern weapons."


IOW's single shot muskets! LOL at you

KD, SS is going broke said...

DIFI demands we all register every gun , FUCK her, not about to happen, ever.


Will Obama support a US Constitution Amendment change striking the 2nd amendment?

Commonsense said...

Scalia said he would consider the limitations society observed when the Constitution was written -- and then "see what those limitations are as applied to modern weapons."


IOW's single shot muskets! LOL at you


You can't educate the willfully stupid. Be happy in your ignorance.

KD, 2nd Amemdment is Settled Law said...

US Corperate Tax Rate is the highest in the World, do we know when Obama is going to make good on his promise to LOWER those rates?

KD, SS is going broke and so are pvt/Corperated retirement plans said...

You can't educate the willfully stupid. "

HalfJane and oDopie are proof.


No matter the facts they will defy them and remain zerO-information voters.


CA middle income have seen a huge jump since the Election day in their tax rates for goods and services and now on their across the board earnings.

When is Taxed Enough Already become the known reality in that State and the other 56 or so in the Union?

KD, SS is going broke said...

james and hb....explain to us all as best as you are capable how you see even higher deficits, even higher taxes, even higher borrowing costs...as a WIN! And how this is good for the US?

anticipating *crickets*...now."Whatta


You stump the those socialist and they have yet to recover.

It was so cute to see HalfJane run around like chickens with their heads cut off and Opium with his ass on fire and his head catch'n

Anonymous said...

You can't educate the willfully stupid"

The blithering idiots think the musket was the only weapon available.

Can't get dumber than that.

Pnc

KD, SS is going broke said...

The U.S. rate stands at 39.2%"

Obama promised to drop rates during his election to
" I will lower the Corporate tax rates to 28%"

That is some tall order, lowering those rates by 11.2 percent, when?



We have to set priorities. If we want a strong middle class, then our tax code must reflect our values. — President Obama


So Obama values are tax increases on the middle class payroll, check.

whatta said...

"""Oh bullshit whatta. The same thing could be used against a lot of politicians. Including George W. Keep this up, you and k'putz will both be worthy of ignoring. """"


No where in there do I see an answer to my query.

I'll make it more simple.

Is it or is it not ultimate hypocrisy that Choomy is president while imprisoning people for the same thing HE DID?

*cricket farm*

KD, the welfare crickets of CHT said...

(((putting out alfalfa to feed the Liberal crickets))))

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