Archive for September 21st, 2010

Analysis: Summers exit lets epic failure obama retool team and message

September 21, 2010

Sheer idiocy, sheer idiocy I tell you! Socialism and Communism just don’t work great leader with Romulan ears! Such an epic failure! The American people deserve so much better in their leaders!

Read on…

(Reuters) – The departure of economic adviser Larry Summers opens the way for President Barack Obama to shake up leadership of his economic team and show he is taking seriously growing public frustration over the sluggish economic recovery.

Whoever replaces Summers will have policy options constrained by a record $1.47 trillion budget deficit and the possible Democratic loss of control of the House of Representatives in November 2 congressional elections.

* With slow economic growth and nearly double-digit unemployment the central issues in the elections, Summers’ exit continues the overhaul of Obama’s economic team, after White House budget director Peter Orszag and top White House economist Christina Romer departed recently.

Obama’s team had been widely criticized for overly optimistic forecasts about an economy that has not gathered enough steam to erode stubbornly high unemployment.

Word of Summers’ departure followed a town hall meeting on Monday where Obama came face-to-face with supporters disillusioned with his economic recovery efforts.

Full story HERE

Read it… Then go and find a royal throne to puke in.

Our impostor in chief yet again fails to accomplish anything, anything at all that the fools that voted for him wanted. I personally think that is a good thing. A very good thing.

Obama uses IRS to retaliate against opponents

September 21, 2010

The Weekly Standard reports that Barack Obama may have seized private tax information provided by the IRS in order to retaliate against his political opponents.

In several speeches Obama singled out Americans for Prosperity, which is owned by two libertarian billioinaires, Charles and David Koch.  Koch Industries actively opposes Demoratic candidates.
But an attorney for Koch Industries–the parent company of Americans for Prosperity–charges that the Obama White House crossed a line in obtaining private tax information, which they use to bash organizations like Americans for Prosperity.
The smoking gun appears to be a statement made by a senior Obama official who told reporters about the scheme. According to the Weekly Standard:
“…a senior Obama administration official told reporters at an August 27 on-the-record background briefing on corporate taxes:
“So in this country we have partnerships, we have S corps, we have LLCs, we have a series of entities that do not pay corporate income tax. Some of which are really giant firms, you know Koch Industries is a multibillion dollar businesses. So that creates a narrower base because we’ve literally got something like 50 percent of the business income in the U.S. is going to businesses that don’t pay any corporate income tax. They point out [in the report] you could review the boundary between corporate and non-corporate taxation as a way to broaden the base.”
Full Story HERE, and be sure to read the comments!

Profiles of Valor: U.S. Army Staff Sgt. Salvatore Giunta

September 21, 2010

Way to go AIRBORNE!

United States Army Staff Sgt. Salvatore Giunta will become the first living service member to be awarded the Medal of Honor for actions in the wars in Afghanistan and Iraq. The White House described Giunta’s actions:

Then-Specialist Salvatore A. Giunta distinguished himself by acts of gallantry at the risk of his life above and beyond the call of duty while serving as a rifle team leader with Company B, 2d Battalion (Airborne), 503d Infantry Regiment during combat operations against an armed enemy in the Korengal Valley, Afghanistan on October 25, 2007.When an insurgent force ambush split Specialist Giunta’s squad into two groups, he exposed himself to enemy fire to pull a comrade back to cover. Later, while engaging the enemy and attempting to link up with the rest of his squad, Specialist Giunta noticed two insurgents carrying away a fellow soldier. He immediately engaged the enemy, killing one and wounding the other, and provided medical aid to his wounded comrade while the rest of his squad caught up and provided security. His courage and leadership while under extreme enemy fire were integral to his platoon’s ability to defeat an enemy ambush and recover a fellow American paratrooper from enemy hands.

Giunta himself was shot in the chest, though his ballistic vest prevented injury, and another bullet disabled the weapon on his back. Unfortunately, Sgt. John Brennan, the first soldier Giunta saved, did not survive surgery. They were best friends. No date has been set for the award ceremony, but we offer our sincerest thanks for Giunta’s service.

SOURCE

World Hero of Solidarity?

September 21, 2010

The hero of obamanites everywhere, had this to say… Read on.

Part-time Cuban leader and full-time despot Fidel Castro gave a long overdue tip of the hat to Econ 101 when asked recently whether Cuba’s economic model was “worth exporting” to other countries. His reply: “The Cuban model doesn’t even work for us anymore.” What a shocker — not that communist/socialist/progressive models don’t work, but rather that a dyed-in-the-wool communist would actually acknowledge the truth of that statement.

Not to worry, however: No sooner had Castro uttered these words than the damage control party hopped into its East German Trabant and mobilized (read: got out and pushed). Typical statements begin, “What Comandante Castro meant to say was…” In this case, apparently the meant-to-say piece included a name change, as well: “U.S.” for “Cuban.” “The reality is that my response means exactly the opposite,” explained the ancient communista. Well of course it does! By the way, can we have our copy of Orwell’s “1984” back?

Further elaborating, World Hero of Solidarity (the title conferred upon him by the UN in 2009) stated, “My idea, as the whole world knows, is that the capitalist system now doesn’t work either for the United States or the world.” Yes, we know. The American media have done a fine job of telling us just that.

Meanwhile, el Presidente is laying off 500,000 state employees. By next March, these workers will be on the street — um, “released to the private sector” — and looking for nonexistent jobs in Cuba. With 85 percent of its workforce — or roughly five million people — working for the Cuban state, such a layoff is no small matter either. That number will eventually increase to one million due to “efforts to increase efficiency in the state sector,” making fewer new state positions available to the unemployed masses. Needless to say, massive layoffs are always symptomatic of sound economic planning in Castro’s world.

In one sense, however, Castro has hit on an important point: Our own “Comandante,” Barack Obama, continues to blur the lines between the economic models of the two nations. If the Chosen One is able to maintain his assault on the U.S. economy unabated, Castro’s statement will ultimately apply to both nations without caveat.

SOURCE

1099 provision failed: Partisian Politics, and the epic failure obama

September 21, 2010

Two separate attempts to repeal one terrible provision in the gargantuan ObamaCare law failed in the Senate this week, lighting up a serious issue for small business owners to consider when they vote in November. Anyone who is an independent contractor or owns a small business has likely seen a 1099 form. Pre-ObamaCare, the IRS required 1099s only for services purchased from vendors. In order to make ObamaCare “deficit-neutral,” the legislation requires that small businesses report any business-to-business transaction over $600 with a 1099. The amount of paperwork and accounting needed to maintain compliance with this bureaucratic nightmare will add immensely to operating costs for small businesses. In some cases, it will bury them.

Sen. Mike Johanns (R-NE) sponsored an amendment to repeal the provision, but even with the help of a handful of Democrats, the amendment failed 46-52. Sen. Bill Nelson (D-FL) crafted a weaker version that would have placed a $5,000 reporting threshold for 1099s and eliminated the requirement altogether for businesses with fewer than 25 employees. That failed to reach cloture, 56-42. This plan was little more than smoke, though, because it still would require businesses to monitor all their transactions for possible filing in case they reach the $5,000 threshold. It would also cause businesses to avoid hiring that 26th employee — it simply wouldn’t pay to grow.

The repeal of the 1099 provision failed this time, but ObamaCare is clearly under attack. The very Congress that passed it is now deliberating changes and repeals to the president’s signature agenda item, just in time for the midterms. On the legal front, U.S. District Judge Roger Vinson in Florida said that on Dec. 16 he would hear arguments on a lawsuit challenging the constitutionality of ObamaCare. Twenty state attorneys general claim the health care bill violates states’ rights and will force massive new spending. Unfortunately, they have to wait to state their case until Oct. 14, when Vinson will rule on the federal government’s dismissal motion. Legal analysts say that it’s likely the dismissal will be rejected since Vinson has already set a court date. There is little agreement among these same analysts on the outcome of the case.

With all of the consternation over something Obama lectured we “should be saying ‘thank you'” for, it’s no wonder Democrats “are spending three times more advertising against the health reform law than they are in support of it.”

SOURCE

What does immigration amnesty have to do with defense spending?‏

September 21, 2010

Some years ago we, as in Colorado Libertarians, succeeded in getting a “Single Subject” law passed. After the idea was co-opted by the Republicans. The same thing needs to be done on a Federal level. Read on…

This week the Senate will debate a defense spending bill that will cost your family over $7,000.

The Senators ought to debate how much of this money is really needed to keep you safe, but they will instead focus on distracting and divisive issues like gays in the military and abortions in military hospitals. Even worse . . .

Majority Leader Reid shows signs of wanting to attach an unrelated immigration amnesty bill to the defense measure. This immigration bill is called the DREAM Act, and it has us DREAMing of our proposal for a One Subject at a Time Act.

DREAM’s primary purpose seems good. Undocumented youths who were raised in the United States, and graduated high school, would be eligible for a 6-year path to legal citizenship that requires completion of a college degree, or two years of military service. Other provisions are more controversial, but . . .

Whether you like this bill or not, there is NO PLACE for DREAM in a Defense bill. Reid knows he doesn’t have the votes to pass this as a stand-alone bill, and that’s why he wants it attached to the Defense measure.

This is one reason government keeps growing at such a cancerous rate. Congress constantly inserts unwanted and unneeded legislation into “must-pass” bills. DownsizeDC.org has created The One Subject At A Time Act (OSTA) to end this practice.

OSTA would require each bill to address only one subject. If you support this idea, tell Congress!

Our letter to Congress says, “Please introduce DownsizeDC.org’s “One Subject at a Time Act” (OSTA). You can find the text of the legislation here: http://www.downsizedc.org/osta-legislation.”

Please also add personal comments pointing to the DREAM Act and the defense spending bill as an example of why we need OSTA. You may borrow from or copy the following sample letter . . .

Majority Leader Reid’s attempt to attach the DREAM amnesty bill to the Defense bill shows why we need OSTA:

* DREAM is ten years old, but never won the votes to pass as a stand-alone bill
* Senate debate over DREAM means less time will be spent reviewing the 1000-page, bloated, $700 billion Defense bill

No responsible legislator should ever support the corrupt practice of attaching unrelated bills together. The only CONSTRUCTIVE and PRINCIPLED way to oppose tactics like Reid’s is to introduce OSTA.

END LETTER

You can send your letter to Congress using DownsizeDC.org’s Educate the Powerful System.

I’m sure you have friends who would like One Subject At A Time Act, or oppose the DREAM amendment. Forward this to them, and retweet this message!

Jim Babka
President
DownsizeDC.org, Inc.

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