RELATED: The Heritage Foundation has more details on the spending catastrophes of the first 100 days. And he hasn’t even gotten started on card check, health care and cap and trade, yet!
7) In the best example yet of Obama’s over-reliance on a teleprompter and the mainstream media’s fervent devotion to him, during an appearance with the Irish prime minister, there was a mix-up — and “President Obama thanked President Obama for inviting everyone over.” The same mainstream media which relentlessly mocked George Bush for his slip-ups wouldn’t even release the footage.
Read the whole thing! Early humor before this week’s Friday funny.
This is Representative John Campbell letting the Democrats have it with both barrels.
I found the video linked on his blog, where he has some advice for how to explain to your neighbors what this budget will really cost taxpayers.
Excerpt:
If you want to see what a 30% tax increase looks like, take your paycheck and multiply the total taxes deducted by 1.3. Then, subtract that from your gross income and that will be close to your new net income. So, if you made $3,000 gross and $2,000 net, you will now only net $1,700. Oh, and that won’t include the cuts your employer has to make in order to pay for their tax increases. By the way, this budget includes all kinds of things that are minor in the grand scheme of things, but big to certain people. For instance, it would repeal the use of the ‘Last In, First Out’ (LIFO) inventory accounting method. This will dramatically raise taxes on all retail businesses who carry inventory.
Gateway Pundit has a list of the top 10 facts about the budget here. On economist Robert P. Murphy’s blog, I found a link to this story in Bloomberg.
Excerpt:
The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest recession since the 1930s.
New pledges from the Fed, the Treasury Department and the Federal Deposit Insurance Corp. include $1 trillion for the Public-Private Investment Program, designed to help investors buy distressed loans and other assets from U.S. banks. The money works out to $42,105 for every man, woman and child in the U.S. and 14 times the $899.8 billion of currency in circulation. The nation’s gross domestic product was $14.2 trillion in 2008.
Representative John Shadegg has a list of the taxing/spending records that Obama’s budget is breaking in a post on Red County. And remember, the Democrats caused this mess and the Republicans tried to stop them. More details from John Boehner and Mike Pence about what’s in Obama’s budget here. The Republican alternative budget is here.
Spotted this awesome video over at The Anchoress. This is a MUST-SEE video. If only someone had the courage to take on President Teleprompter and the economic-illiterates who voted for him, like this British MP takes on Gordon Brown.
The Anchoress has a bunch of great links there, as well.
Excerpt from her post:
Here in the United States, land of the First Amendment and free speech, it is right now unthinkable that anyone would stand up in a political chamber and speak so forthrightly.
I mean…can you imagine someone in our Congress or Senate actually standing up with a chart like this, and daring to talk to Obama about his “inherited” debt?
Michele Bachmann could do it. Also, here’s the chart that she mentions from Ace of Spades: (watch out for vulgar language!)
President Obama expects the deficit level to be 12% of GDPthis year.
America is actually in worse shape than Great Britain.
According to Heritage, Obama has already helped quadruple the deficit with his stimulus package.
Hot Air has links to the MP’s youtube page and blog. Apparently this is normal for him, although Hot Air says he isn’t a solid conservative.
Here’s his YouTube page, chock full of more in this vein, and here’s his blog, in which he marvels at the ability of the ‘Net to turn a backbench parliamentarian into an international fiscal conservative hero overnight. Exit question: We’re all agreed that Hannan gets to deliver the GOP’s response to next year’s State of the Union, yes?
Some people who voted for Obama told me during the election that Obama would be much more fiscally responsible than Bush and Reagan, because Republicans are all big spenders. They couldn’t stand the 550 billion we spent securing our liberty in two wars against radical terrorism. Obama is going to run the national debt up to over 20 trillion by 2019. Which amount is greater?
I asked 2 of my Obama-voting friends today how much the 2 wars cost, and neither of them knew. They did not even believe me when I showed them the actual numbers. What do they do in the evenings? Why, they watch Family Guy, Rachel Maddow and sports. One of these people actually told me that Rachel Maddow was a centrist. The other one is the more ignorant of the two.
Lastly, two of my fundamentalist Christian friends told me that Obama was more pro-life than McCain. Yes, they really said that! If you have a story about someone who voted for Obama who ought to have known better, please put it in the comments!
WINTERY KNIGHT 