Tag Archives: Unions

Who cut federal spending more, Bush or Obama?

The Heritage Foundation is my favorite think tank, just like the Investors Business Daily podcast is my favorite podcast.  These two news sources are heads and shoulders over anything else. Except for Commenter ECM, but that goes without saying.

Let’s see what they have for us today!

First, let’s get an answer to the question of who cut spending more, Bush (in his last year budget) or Obama (in his first budget)?

The graphic, from Keith Hennesey, tells all:

Who cut spending more? Bush or Obama?
Who cut spending more? Bush or Obama?

Oh, that reminds me of a video I saw on the Maritime Sentry of the lovely Michele Bachmann trying desperately to persuade the silly people in Congress not to give more money to organizations like ACORN who are facing charges of voter fraud. But there’s only one Michele and so many other unqualified people.

Well, let’s see her speak anyway:

She’s addressing Barney Frank, who is one of the people responsible for the recession in my opinion.

I don’t know why they won’t listen to her and do what she wants. When I see Michele speaking, I just want to give her whatever she wants. She seems so passionate, moral and competent, much more so than the other people who haven’t actually run a business or home-schooled 5 children and 23 foster children.

Representative Michele Bachmann
Representative Michele Bachmann

She had a post on her blog about her amendment to block giving money to ACORN, too.

Excerpt:

On Monday of this week, charges were brought in Nevada against ACORN and two of its former employees for voter registration violations, and  today, the Allegheny County District Attorney in Pennsylvania charged seven employees of ACORN with forgery and election law violations, saying they filed hundreds of fraudulent voter registrations during last year’s general election.

It really could not be more timely as Chairman Barney Frank was just on the House floor trying to justify his amendment to the Mortgage Reform and Anti-Predatory Lending Act that will allow groups such as ACORN that have been indicted, or have employees who have been indicted, of voter fraud to receive millions in taxpayer funding.

Last week, the House Financial Services Committee unanimously passed my amendment to prohibit the flow of your money to such groups, but Chairman Frank feels it necessary to take back his support for that commonsense language and raise the bar so that organizations would have to be convicted before their access to tax dollars would be cut off.

While I realize that we are all innocent until proven guilty, ACORN has established a pattern of voter registration violations that seems to pop up election after election and in state after state.  The courts are the appropriate place to try guilt and innocence.  Congress has a fiduciary obligation to spend tax dollars wisely.

Your taxpayer money must be held to the highest standard, and not used to engage in a proven pattern of voter registration violations.

Here’s another story from the Heritage Foundation about Obama’s interventions into the free market. The more he meddles, the fewer people will want to run businesses in the USA, and the more unemployment there will be. You’ll remember that Obama tried to force the banks to stiff creditors for pennies on the dollar, while giving his union supporters a much better bankruptcy deal than they deserved.

“…I am indeed fearful writing this. It’s really a bad idea to speak out. Angering the President is a mistake…” What country would you expect to hear a citizen make this statement? Venezuela? Cuba? Russia? Nope, those are the words of prominent hedge fund manager Clifford Asness, who wrote a now-famous and widely circulated open letter this week describing the intimidation techniques used by President Obama and his administration.

Why did the President have to resort to such enhanced techniques of intimidation? Mainly because he was asking financial lenders to engage in the same unscrupulous acts his administration has been engaging in since January, i.e. picking winners and losers without concern for free market principles. The President wanted hedge funds to force a loss on investment onto their unknowing clients, so he could reward supportive union bosses in a “controlled” (i.e. Obama controlled) bankruptcy.

The rest of the post documents the ways in which government intervention and intimidation of private business hurts the economy. And they summarize Tom Lauria’s testimony that I blogged about before:

Tom Lauria, a prominent bankruptcy judge, and Democratic Party contributor, recently told WJR in Detroit: “One of my clients was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under threat that the full force of the White House press corps would destroy its reputation if it continued to fight.” Certainly the White House press corps considers themselves independent of any revenge scheme the President may cook up, but then why has their silence on these issues been so loud?

And here is the big picture lesson:

While the left and the right can agree to disagree on certain matters of this bailout, every American should be on one side of this intimidation debate, against what Michael Barone labeled “Gangster Government“. Whether trying to strong arm the dissolution of a company to benefit its union bosses, or trying to use selective declassification of national security memos to prove a policy point, the White House needs to be held to the highest (not higher) standard. The best way to end this cycle of government intimidation is to get government out of these businesses to begin with. Without an end, there shall be no means.

Attack the free market and you attack all of our liberties, especially our precious freedom of religious expression. If I cannot earn an income and make purchases without government approval, then I am not free. We have to keep talking about this story until Obama understands.

My next story is from Victor Davis Hanson, writing in Investor’s Business Daily. He makes the case that America is strong, secure and prosperous for specific reasons. Mess with the design of the country and we will lose our liberty, security and prosperity.

His first example is environmental regulation in California:

Now in California — the nation’s richest farm state — the population is skyrocketing toward 40 million. Yet hundreds of thousands of acres of farmland this year are going out of production, and with them thousands of jobs.

Why? In times of chronic water shortages, environmentalists have sued to stop irrigation deliveries in order to save threatened two-inch-long delta fish that need infusions of fresh water diverted from agricultural use. And for environmental and financial reasons, we long ago stopped building canals and dams in the Sierra Nevada to find sources of replacement irrigation water.

And what about domestic energy production?

Developing such traditional sources of energy responsibly would save us trillions of dollars in imported fuels, keep jobs at home and allow the nation a precious window of energy autonomy as we steadily transfer to more wind, solar and renewable energy.

If we exploit our own energy carefully offshore and in Alaska, it will mean less sloppy foreign drilling off places like Nigeria or in the fragile Russian tundra to feed American cars and trucks.

And what about being able to project military power abroad?

Democrats and Republicans have also taken for granted having enough military power to intervene overseas to remove tyrants like Saddam Hussein, Slobodan Milosevic, Manuel Noriega and the Taliban — and to stop atrocities whenever we can. But such power takes hundreds of billions of dollars in expensive hardware and military personnel.

He also wants to keep the defense budget static, or even cut it in some places.

In our have-it-both-ways generation, we want to keep our involvements abroad while not worrying as much about the practical means to meet them.

And his last example, massive deficits… and expanded entitlement programs?

Then there is the question of national debt. We are projected to run a record $1.7 trillion deficit — and may add $9 trillion to our existing $11 trillion in aggregate debt over the next eight years.

Meanwhile, the president has outlined vast new entitlement programs in health care, education, environmental programs and infrastructure.

It’s like we think that the USA is a magic place that will somehow keep running smoothly if we stop believing everything that got us the top spot in the first place. Shouldn’t we send Obama to North Korea or something where his policies might actually be welcomed? Democrats can’t handle any of these issues. Let’s put Michele Bachmann in charge in 2012.

Barack Obama’s claim to save or create 150000 jobs falsified by FactCheck.org

Obama claim that his socialist policies that attack “greedy corporations” and “the rich” are actually increasing employment rates. Now, that seems to be impossible for rational people to believe, and FactCheck.org confirms that intuition. It is not possible for socialist policies such as card check, higher taxes, increased spending, more regulation, etc. to create more jobs than are lost from the changes.

Obama’s claim was:

At President Obama’s April 29 news conference, he claimed that the American Recovery and Reinvestment Act has “already saved or created over 150,000 jobs.”

That’s what he learned to believe at Harvard in his marxist rap sessions with the radical students and professors.

But how does the world really work?

According to the Bureau of Labor Statistics, the economy lost more than 1.3 million jobs in the two months after he took office, and it has probably lost at least another half-million in April. The day after Obama spoke, the Department of Labor announced that another 631,000 workers (seasonally adjusted) had filed new claims for unemployment insurance the previous week.

So what 150,000 jobs was Obama talking about?

It turns out the president’s claim is really an estimate of what his economic advisers think the stimulus bill is doing, and not based on any evidence of its actual effects.

But how does the White House respond to the falsification of their propaganda by reality?

We asked the White House for substantiation of Obama’s claim, and a spokesman responded that the figure comes from a recent estimate by the Council of Economic Advisers. “Because the baseline for employment is obviously still strongly downward,” the spokesman told us, “the estimate does not mean that employment has risen by 150,000. Rather, it means that employment is 150,000 higher than it otherwise would have been.” He said the figure is an estimate of people hired to work directly on ARRA-funded projects, plus “jobs created by the tax cuts, aid to the states, and other parts of the ARRA.”

So when the president said his stimulus bill “already saved or created” those jobs, he was just giving an estimate produced by his own economic advisers at the White House. Furthermore, the jobs figure is based on projections done at the time ARRA was passed. Recipients of ARRA spending aren’t required to report until later what they’re doing with the money and how well it’s working, so there’s very little hard data on where the money is being spent, let alone how many jobs may have resulted from the legislation. The CEA incorporated some actual spending reports into its estimate, but that information is not complete.

This is the result of voting by people who know more about the lives of celebrities than they know about economics. Imagine how surprised these Democrat voters are to find out that the 1 hour spent voting was not enough time to have thought anything through. Some of them thought that Obama was better on pro-life issues and government spending than McCain for example.

Remember, Democrats caused this recession and Republicans tried to stop it.

The Family Research Center evaluates Barack Obama’s first 100 days

Has Obama been a good President for Christians? Should Christians have voted for him? How well has he done at fulfilling his campaign promises to pro-life and pro-marriage social conservatives?

Watch this 7-minute video and see for yourself how prudent it was for Christians to put their faith in Obama’s promises. (H/T Gateway Pundit)

The Cloak Room lists the decisions of interest to Christians and social conservatives from the first 100 days of Obama’s regime.

I think we should judge presidential candidates on their record, not on their speeches or their appearance. How did Obama vote before his campaign started? Did the Christians who voted for Obama take the time to find out?

This video follows the story of the Democrats’ Hate Crime bill, which allows the government to imprison bloggers and Christians, (much like Iran’s theocratic government). My original post on Obama’s attempts to intimidate Chrysler’s creditors, thereby undermining the Constitution and the rule of law, is here. And it has now been corroborated over at Hot Air, here.

Regarding the intimidation of Chrysler’s creditors, Hot Air has a follow-up story from the Business Insider:

Creditors to Chrysler describe negotiations with the company and the Obama administration as “a farce,” saying the administration was bent on forcing their hands using hardball tactics and threats.

Conversations with administration officials left them expecting that they would be politically targeted, two participants in the negotiations said. …

The sources, who represent creditors to Chrysler, say were taken aback by the hardball tactics that the Obama administration employed to cajole them into acquiescing to plans to restructure Chrysler. One person said described the administration as the most shocking “end justifies the means” group they have ever encountered.  Another characterized Obama was “the most dangerous smooth talker on the planet- and I knew Kissinger.” Both were voters for Obama in the last election.

One participant in negotiations said that the administration’s tactic was to present what one described as a  “madman theory of the presidency” in which the President is someone to be feared because he was willing to do anything to get his way. The person said this threat was taken very seriously by his firm.

Hot Air comments:

Well, that’s certainly reassuring.  The man at the helm during one of the biggest economic crises in decades is a madman who will act in an unpredictable and irrational manner if he doesn’t get his way.  It sounds like they paint Obama as either a lunatic or a petulant child.

The “madman theory” of the Presidency? Is that what uninformed Christians who voted for Obama expected?

UPDATE: Ace has more here and here. (H/T Commenter ECM) And Hot Air (Ed Morrissey) has more here.