Saturday, May 8, 2010
Trust The Government to now "fix" what they helped break??
Friday, May 7, 2010
A big Government recovery Only Washington has jobs.
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Today the Labor Department’s Bureau of Labor and Statistics released its monthly jobs report showing that the nation’s unemployment rose to 9.9% in April despite the addition of 290,000 jobs, 66,000 of which were temporary Census 2010 jobs. The rise in unemployment was driven by the entrance of 195,000 previously discouraged Americans reentering the workforce. In total, the U.S. economy has now lost a net of 2.6 million jobs since President Barack Obama signed his $862 billion stimulus plan. We are 7.6 million jobs short of the 137.8 million he promised the American economy would support by 2010.
It is encouraging to see the American economy beginning to recover, but these numbers again indicate that the Obama administration’s heavy government hand has retarded and deformed what otherwise would have been a more robust recovery. The White House may tout Congressional Budget Office (CBO) reports showing their $862 billion stimulus created jobs, but the CBO has also admitted their computer simulation didn’t take any actual new real world data into account. To the contrary, an independent study of real world stimulus facts found: 1) no statistical correlation between unemployment and how the $862 billion was spent; 2) that Democratic districts received one-and-a-half times as many awards as Republican ones; and 3) an average cost of $286,000 was awarded per job created. $286,000 per job created.
And what kind of jobs were created? According to Gallup the federal government is hiring at a significantly faster pace than the private sector. And data from BLS confirms that governments are increasing public sector pay at far faster rates than the private sector. None of this should be a surprise. President Obama specifically designed his stimulus to preserve government union jobs.
Not that President Obama’s agenda has failed to produce any private sector jobs. The Washington economy is booming as private firms have been forced to hire legions of lawyers and lobbyists to both protect their firms from Obama’s new agenda and find ways they can turn it into profit. This is why energy companies are spending millions on lobbyists to shape legislation instead of on scientists to find energy. It is why software companies are spending millions on lawyers to get federal government business instead of on engineers to develop new technologies. Back in 1994, columnist Jonathan Rauch explains what happens when Washington becomes a center of profit for the private sector:
Economic thinkers have recognized for generations that every person has two ways to become wealthier. One is to produce more, the other is to capture more of what others produce. … Washington looks increasingly like a public-works jobs program for lawyers and lobbyists, a profit center for professionals who are in business for themselves.
What happens when big government, and the big businesses best capitalized to influence it, are the main drivers of economic recovery? The recovery is slower and smaller than it otherwise would have been. A recent study by the Kaufman Foundation found that small businesses have led America out of its last seven recessions, generating about two of every three new jobs during a recovery . But under this Obama recovery, not only are government jobs growing faster than private sector jobs, but jobs are rebounding faster at large employers than small businesses.
And the Obama agenda is only set to make the environment for small businesses worse. The Obama budget plans to raise taxes on the small businesses that earn 72% of all small business income. Taxes on capital gains are set to increase to 20% while taxes on dividends are set to rise to 39.6%. Obama care not only inflicts $503 billion in new taxes by 2019, $87 billion of which come from employer mandate penalties, but also burdens small businesses with new 1099 IRS paperwork every time they do more than $600 in business with another entity. Oh, and Obama is proposing more IRS funding and a change in law that will make it harder for small businesses to hire independent contractors.
There are far more types of small businesses engaged in more kinds of economic activity than Congress can devise special policy to help. This sort of one-off, micro-managing, tinkering policy may gain a headline and support, but it will not help small businesses broadly. The more Washington taxes and regulates, the harder it is for small businesses to innovate, force big businesses to be more productive and create new jobs. The more the Obama agenda is implemented, the slower our recovery will be.
Source: Heritage Foundation
Wednesday, May 5, 2010
Obama Violated the Constitution Before He took office
What it says is that for during the term in which a senator is elected, they cannot be appointed to a position of authority within the government that the salary or entitlements were increased during their service. You say no big deal, but it shows his contempt for the constitution from the get go...
Article I of the constitution enumerates certain powers to the federal government, limiting their authority over the states.... The feds like to abuse the general welfare clause and the interstate-commerce act to enforce its will upon the states and directly impact our daily lives. The fact is the federal government was meant to be limited in size and scope, it has exceeded these boundaries since Lincoln and has been growing by leaps and bounds for the last century.
Since when does the government have the RIGHT to take trillions of our dollars and use them to shore up / purchase controlling interest in privately held corporations? Since when does the government have the authority to tell privately held organizations they must take the money or risk an audit that would ruin their credit rating? Since when does the government have the power to loan money to a corporation and refuse to take it back because they want to maintain their unlawful control of a privately held corporation? Where in the constitution does it allow for federal healthcare? Where in the constitution does it allow for a national civilian police force? Where does it provide the authority for the cap and trade program?
Did you hear his speech today where he was promising to enact legislation to prevent economic disasters like the one we just experienced from happening again? Wasn't that why Woodrow Wilson enacted the federal reserve? Hmmm I think you should be concerned, VERY CONCERNED, over what this man is doing to our beloved country. CALL ME A WING NUT, CALL ME AN ALARMIST.. GO AHEAD... SHOW YOUR TRUE COLORS...
If you agree with me then Tea Bag Obama... Send a tea bag and a letter showing your disapproval for these constitutional atrocities that he and the ultra left wing SOCIALIST democrat party are trying to force upon us.
Tuesday, May 4, 2010
we got what we asked for!
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Well it has been about a year and a half since Barack Obama became the President of the United States. I have watched and paid attention closely. I have to say I wish that I had been wrong about him, but I was not. What I do not understand is why so many folks that supported him in the last election now say that they do not know who they voted for. They say at least to me, that he is not the person they thought they were voting for. I thought about that for a while and now after consideration I say to all Obama supporters who are now somehow disappointed with the direction this country is heading... WERE YOU LISTENING TO HIM DURING THE CAMPAIGN??
Obviously not... He is doing exactly what he said he would do, He is not trying to hide it because he thinks that he is doing what the electorate put him in office to do. More Government regulations and more restricted freedoms. Oh yeah, I know some of you were hoping he would end the wars, immediately bring our troops home. Unrealistic, but that would be a legitimate beef for some of you disappointed supporters.
I would like for folks to consider the ignoring and outright disregard for this nations founding documents, namely the Constitution, this administration is becoming famous for.
This is were the real damage to the country is being done. For all of you who complained and moaned about the Bush administration's alleged constitutional violations, I submit those will be "child's play" when compared to the current administrations transgressions. So far we have barred witness to a systematic takeover of huge sections of the private sector by the Federal Government. Heath Care, Finance, Big Auto, the list goes on...
But the real question is, how did we get here? We got here because people simply weren't listening. All they could hear was "change, change, change and yes we can" no one bothered to ask what kind of change or yes we can what? Now we have a President who doesn't believe in American ideals and all his life has been taught that this great American experiment is a bad idea and oppressive to the rest of the world. We have a President with a five minute career and no matter what room he walks into, he is the least qualified to be there. So to all of you folks that voted for him in 2008 and who are disappointed as a result, For this great country's sake... PLEASE remember that feeling in November 2010 and 2012 and vote again!!