Obama Administration

[kidcarter8]

Speaking of fuck-ups, here's a BIG ONE:

http://news.yahoo.com/susan-g-komen-apologizes-cutting-off-planned-parenthood-163217680--abc-news.html

FUCKED UP HEADLINE

She's fucking DEAD!

[luee]

---Reuters) - The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama.---

[weezo]

Speaking of fuck-ups, here's a BIG ONE:

http://news.yahoo.com/susan-g-komen-apologizes-cutting-off-planned-parenthood-163217680--abc-news.html

Some on facebook are deciding to give directly to Planned Parenthood instead of Korman --- there are also calls for the recently new VP to be fired ...

FUCKED UP HEADLINE

She's fucking DEAD!

[MrUtley]

Seriously. rembee is no different than Dicky V. Partisan, lying---you know.

It’s pretty hilarious being called a “liar” when no one here has demonstrated that anything I have said here is, actually, a lie.

I find this particularly rich coming from a guy who posts IN YOUR FACE quotes from Bernanke saying we need to propose ways to get the deficit under control as if Obama has never proposed ways to get the deficit under control.  Guess Utes was sleeping during the debt ceiling debates.

For your future reference, here is a demonstration on how to call out a lie from a lying partisan cocksucker:

http://www.politifact.com/ohio/statements/2011/oct/13/john-boehner/john-boehner-says-obama-promised-stimulus-would-ke/

Obama Administration never “promised” that the stimulus would keep unemployment under 8%.

See how it’s done?  

Obama's policies have increased the deficit. Fact.

Guess you missed that,.

http://www.washingtonpost.com/blogs/ezra-klein/post/column-doing-the-math-on-obamas-deficits/2011/08/25/gIQALDBchQ_blog.html

In total, the policies Obama has signed into law can be expected to add almost a trillion dollars to deficits. But behind that total are policies that point in very different directions. The stimulus, for instance, cost more than $800 billion. So did the 2010 tax deal, which included more than $600 billion to extend the Bush tax cuts for two years, and hundreds of billions more in unemployment insurance and the payroll tax cut. Obama’s first budget increased domestic discretionary spending by quite a bit, but more recent legislation has cut it substantially. On the other hand, the Budget Control Act — the legislation that resolved August’s debt-ceiling standoff — saves more than $1 trillion. And the health-care reform law saves more than $100 billion.

For comparison’s sake, using the same method, beginning in 2001 and ending in 2009, George W. Bush added more than $5 trillion to the deficit. You can see the breakdown in the chart atop the post, or in a larger, more readable, chart here*.

http://www.washingtonpost.com/blogs/ezra-klein/post/doing-the-math-on-obamas-deficits-contd/2011/08/25/gIQAzTbzkQ_blog.html


In the quarter before Obama entered office, the economy shrank at an annualized rate of nine percent. Two weeks before he was inaugurated — but before Bush had left office — the Congressional Budget Office released a report forecasting a $1.2 trillion deficit for 2009. That was all due to policies and conditions predating Obama.

It has been convenient for the Republican Party to blame the resulting deficits on the Obama administration. But this is a bit peculiar: If a house catches fire and damage is done in the time it takes time to put out the blaze, should the blame go to the people fighting the fire or the people who allowed the fire to begin in the first place?


http://www.washingtonpost.com/business/economy/adding-to-the-deficit-bush-vs-obama/2012/01/31/gIQAQ0kFgQ_graphic.html

Been a life-long Democrat, but Obama is an embarrassment to that circumstance. The dude just doesn't have the chops.

Barack Obama aka "Sheriff Bart."

http://www.youtube.com/watch?v=vcZ9ku_wInw

Didn't blame ALL of the deficit on Mr. O. But the INCONVENIENT TRUTH  is that his policies have added IMMENSELY to that deficit.  To say otherwise is to---uh---spin.

First of all, I didn't say anything. The Wonks did:

"Obama’s first budget increased domestic discretionary spending by quite a bit, but more recent legislation has cut it substantially. On the other hand, the Budget Control Act — the legislation that resolved August’s debt-ceiling standoff — saves more than $1 trillion. And the health-care reform law saves more than $100 billion."

The first thing every GOP candidate vows to repeal his first day in office.

Didn't blame ALL of the deficit on Mr. O.

The usual prevarication.

Lotta words. The usual obfuscation.

Here's an alternate view from another wonk who uses the CBO data and makes a few salient points:

CBO reports that annual spending over the Obama era has climbed to a projected $3.6 trillion this fiscal year from $2.98 trillion in fiscal 2008, or more than 20%. The government spending burden has averaged 24% of GDP, up from an average of about 20%. This doesn't include the $2 trillion tab for ObamaCare.

All of this has increased the federal debt by about $5 trillion in a mere four years. Thanks to higher revenues, the federal deficit will decline to $1.08 trillion in 2012, or 7% of GDP. But that is still the highest deficit since 1946—except for the previous three years. In other words, the four years of the Obama's Presidency will mark the four highest years in spending and deficits as a share of the economy since Harry Truman sat in the Oval Office.

 
And don't forget the national debt held by the public—the kind we have to pay back. On President Obama's watch, CBO says public debt will climb this year to 72.5% of the economy from 40.3% in 2008. This isn't as high as Italy or Greece, but it's rising fast toward the 90% level that begins to debilitate an economy.

---------------------------------------------------------

The other part of the fiscal story is that revenues have been in the tank for five years. In 2012 revenues will hit $2.52 trillion down from $2.57 trillion in 2007. Revenues are still only 16.3% of GDP, about two percentage points below the norm.

The drought has two main causes. First, the anemic recovery in jobs and investment isn't spinning off enough new output (1.7% growth last year) to boost tax receipts anywhere near their historic level.


Second, a series of non-stimulative tax cuts—tax rebates in 2008 and 2009, and payroll tax holidays in 2011 and this year—have depleted the Treasury with little economic benefit. These tax cuts don't change the incentive at the margin to work or invest, and they thus have little feedback effect in revenues from faster growth.

The most amusing part of the CBO's report is its projection that the deficit will fall to $269 billion by 2015, or a mere 1.5% of GDP, if current law holds. But this is a fiscal fantasy because current law never holds.

CBO predicts, for example, that all the Bush tax cuts will go away next year. The Alternative Minimum Tax will supposedly be allowed to hit 30 million tax filers (up from four million now) with an income as low as $75,000 a year. Under those assumptions total federal revenues rise by $1 trillion over the next three years, $1.5 trillion over five years, and $3.6 trillion over 10 years. You can't get anywhere near that level of revenues without a much bigger tax increase on the rich and the middle class, or an extended boom in the range of 5% to 6% annual growth.

Even the Keynesians who run CBO concede that the 2013 tax hike—on capital gains, dividends, estates and small business—would knock economic growth down to 1% next year and raise unemployment to 9.1% (from 8.5%). That means about 750,000 more jobless Americans. You can't have such a lousy economy and cut the deficit in half.


http://online.wsj.com/article/SB10001424052970204740904577195352148844134.html

[bodiddley]

The Republicans are right -- there is voter fraud:

Indiana's top elections official could lose his job and his freedom after jurors convicted him of multiple voter fraud-related charges on Saturday, leaving in flux the fate of one of the state's most powerful positions.

Prosecutors said Republican Secretary of State Charlie White used his ex-wife's address instead of a condo he had with his fiancee because he didn't want to give up his $1,000-per-month Fishers Town Council salary after moving out of that district. He faced seven felony charges, including voter fraud, perjury and theft.

[Lhoffman]

And the CBO also predicts the unemployment rate to rise to 9.2% in 2013.   Probably a part of the CBO reports overlooked by Rembee in her zeal to "prove" Obama's plan is working.

Because it is based on current law, not necessarily "Obama's plan." Its based on an end to the Payroll Tax-cut in two months (something Obama doesn't want to do) an end to Bush's tax cuts (including those on the middle class, which Obama doesn't want to do) and cuts in government spending (which Obama unfortunately agreed to.)

This is a stretch even for you.  In the short term, revenues relate more to the deficit than to unemployment.   


Interesting the same CBO report estimates accompanying massive decreases in the deficit to as much as 1/3rd current levels by 2014 but that goes uncited by you.  Could it be because that would show a worsening economy coinciding with austerity measures meant to decrease the deficit?  Wow, who could have predicted that?

And given the revisions of CBO estimates over even the past year, why would we put any stock in a prediction that's two years down the road?

Pull that hem down, Laurie.  Your partisanship is showing.

 
Far less than yours.

The CBO raised the unemployment forecast because the GDP was lower than predicted.  It was lower in 2011 than the 3.2% originally forecast, and expectations for 2012 have also been lowered.

[kidcarter8]

Hmmmmmmm

Time to get out, Rick.  Let's make this a real race.

[bambu]

http://www.youtube.com/watch?v=QIVd7YT0oWA

Obama In Turkey "We Do Not Consider Ourselves A Christian Nation"

#####

He has to go!

[weezo]

http://www.youtube.com/watch?v=QIVd7YT0oWA

Obama In Turkey "We Do Not Consider Ourselves A Christian Nation"

#####

He has to go!

Well, there you go Bambu, slipping up on our Constitution... we CANNOT be a Christian Nation, nor a Jewish, Muslim, Hindu or Buddhist either. Even if a majority follow Christianity, we cannot decide to make it our National Religion nor can we lay claim to being a Christian Nation.

Obama has the facts .... you don't !!!

[weezo]

Do I guess right, that the overwhelming response to the CBO report is "iiiiit can't be true, it just can't!!!"

Read the print ... the fine print and the big stuff ... it's all over folks!! Obama got the stuff in place to fix the problem without doing anything .... Once the Repugs signed the debt deal, the dominoes were lined up .... and gasp!! the debt will be nearly gone end of next year ---

Here we go again, Knicks .....

     Slowlee, slowlee catchee monkey ...

[bambu]

http://www.youtube.com/watch?v=QIVd7YT0oWA

Obama In Turkey "We Do Not Consider Ourselves A Christian Nation"

#####

He has to go!

Well, there you go Bambu, slipping up on our Constitution... we CANNOT be a Christian Nation, nor a Jewish, Muslim, Hindu or Buddhist either. Even if a majority follow Christianity, we cannot decide to make it our National Religion nor can we lay claim to being a Christian Nation.

Obama has the facts .... you don't !!!

Sounded to many people like a grovelling apology to the Muslim world, this time in Turkey which is 98% Muslim, 'secular Turkey' in name only.
Turkey doesn't celebrate Christmas, and it's trying to tell Obama et al that it's a secular nation.  lol


If the majority follows Christianity you are a 'Christian' nation.

Why was Obama even mentioning religion in his speech?
Yes exactly.

[bambu]

Won't be long now!   until Israel bombs Iran.

[weezo]

Won't be long now!   until Israel bombs Iran.

And should they be so stupid, that will be the end of Israel ... Kaput!!

[weezo]

http://www.youtube.com/watch?v=QIVd7YT0oWA
Obama In Turkey "We Do Not Consider Ourselves A Christian Nation"

#####

He has to go!

Well, there you go Bambu, slipping up on our Constitution... we CANNOT be a Christian Nation, nor a Jewish, Muslim, Hindu or Buddhist either. Even if a majority follow Christianity, we cannot decide to make it our National Religion nor can we lay claim to being a Christian Nation.

Obama has the facts .... you don't !!!

[/quote]

Sounded to many people like a grovelling apology to the Muslim world

[/quote]

this time in Turkey which is 98% Muslim, 'secular Turkey' in name only.

Turkey doesn't celebrate Christmas, and it's trying to tell Obama et al that it's a secular nation.  lol
[/quote]

What it is about celebrating Christmas that makes a country "secular"

[Yankguy1]

And should they be so stupid, that will be the end of Israel ... Kaput!!

It strikes me that  you'd like nothing more...