Quantitative Easing Explained
Some Election Day Videos
First, we see just what the liberal democrats spent the “stimulus” money on…
Next, we learn that most lefties have no clue to what a Keynesian is and even worse, when they do, they are still pretty damn clueless.
Bonus videos:
The hidden cost of the tax code
“Fear the Boom and Bust” a Hayek vs. Keynes Rap Anthem
Share and enjoy
Monday Morning Roundup
60 Minutes Admits Unemployment is Actually 17%, 22% in California.
So This Means We Get To See Obama’s College And Law School Records, Right?
Obama Cut Your Taxes, and Other Lies Frank Rich Wants You to Believe In
Debate “Moderator” Who Scolded People For Saying the Pledge of Allegiance…A Former ACORN Hacktivist
A look at the facts leading up to the current economic downturn
A couple of Key Quotes to keep in mind:
MA democrat Barney Frank: “I think it is clear that Fannie Mae and Freddie Mac are sufficiently secure so they are in no great danger… I don’t think we face a crisis; I don’t think that we have an impending disaster. …Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.”
CA democrat Maxine Waters: “I have sat through nearly a dozen hearings where, frankly, we were trying to fix something that wasn’t broke. [sic] …These GSEs have more than adequate capital for the business they are in: providing affordable housing. As I mentioned, we should not be making radical or fundamental change… If there is anything to fix or improve, it is the [regulators].”
Stimulus Failure: 48 Out of 50 States Lost Jobs Since Democrats Trillion Dollar Stimulus Plan
Dems Back Third Parties to Siphon Votes from GOP
Election Fraud Uncovered by Patriotic Citizens … Who Promptly Get Sued by the state democrat party!
AZ Group Accused of Massive Voter Fraud Is Offshoot of SEIU
SEIU Offshoot Mi Familia Vota Caught With 6,000 Bogus Colorado Voter Registrations
Uncle Sam Funds ACORN Poll Workers, but Tea Party Group Investigated
Obama White House takes credit for Bush-era wind farm jobs
Illinois Soldiers Wait for Ballots, Prisoners Get Hand Delivery
Share & Enjoy…
Obama knew his policies would kill jobs in the Gulf
23,000 jobs killed by our Dear Leader in the hard hit Gulf Coast.
It’s been very clear that improving the economy has not a priority of Barry or the democrat controlled congress.
That raises the question of just what is our Dear Leader‘s top priority?
It’s not the economy, or transparency, or an ethical government.
His personal goal is pretty clear, improving his golf game.
Comparing Barry’s view to reality.
First, our Dear leader claims that worst of the recession that started when democrats took over congress is over.
Hmmm…let’s see, the “official” unemployment rate is still 9.5% and real unemployment is still in the 15% range.
New unemployment claims have hit a six month high, and unemployment among the young is breaking new records under the economic policies of democrat control of both Congress and the White House. Policies that have added another $165 billion to the deficit in the month of July alone.
Let’s not forget the stock market, which seems stalled around 10K.
Let’s review the facts here, when the Republicans controlled both Congress and the White House, unemployment was under 5% for most of the time and not much over the rest, and the Dow was soaring over 13K.
When Barry made that idiotic statement about not letting the Republicans have the keys to car back, he was really hoping that most American voters can’t remember anything prior to 2007.
Debunking common liberal myths about the economy
The problem is massive, uncontrolled government spending, not the myth of lost tax revenue.
The myths they analyze and debunk are:
- The Bush tax cuts wiped out last decade’s budget surpluses.
- The next decade’s deficits are the result of the previous administration’s profligacy
- Declining revenues are driving future deficits
Saturday morning roundup
Here are some highlights of the news you probably won’t hear on MSNBC…
Congressman Charles Rangel (democrat – NY) has finally been charged with multiple ethics violations by the bipartisan House Ethics Committee
Anita MonCrief to File FEC Charges Against Obama Administration
Barack Obama is the worst president in history on job creation–
According to data from the U.S. Bureau of Labor Statistics, the U.S. shed 2.3 million jobs since February 2009, Obama’s first full month in office. Since Obama’s election in 2008, the US economy has shed 4.4 million jobs. That’s worse than Herbert Hoover.The US economy lost another 125,000 jobs in June. Just ask Alvin Greene.
Barack Obama’s Keynesian policies have failed miserably. Democrats blew a Trillion dollars on a failed stimulus bill and all they managed to do was triple the national deficit in one year.
Even the far left extremists on “Journolist” hate Keith Olbermann.
Top Ten Racist Incidents of the Week
Quote of day
Today’s quote comes from democrat President John F. Kennedy in 1962:
“It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now … Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.”
True then and true now. So why does President Obama and the congressional democrats want to raise taxes during a recession?
Two opposing views
Compare and contrast. First Mort Zuckerman points out that our Dear Leader is is “anti-business.”
Of course, the talking heads at MSNBC, Mika Brzezinski and John Heilmann, were shocked by this. They certainly haven’t gotten that message from the instructions they get sent directly to their Crackberrys by the Obama White House.
Let us review the facts of the situation, after a year and half of our Dear Leader and the democrats controlling both both houses of Congress.
- The Stock Market can’t get a decent rally going and the Dow is still mired at the 10K mark.
- Unemployment remains at unprecedented levels. Real unemployment is well over 10%, probably closer to 15%. Is it in spite of the democrat’s massive so-called “stimulus” plans or because of them?
- The housing market is still in shambles, and no reform of Freddie Mac or Fannie Mae in sight.
The facts of the matter are clearly obvious, as well as the sad truth that the MSNBC talking heads have to toe the Obama regime party line in order to keep their jobs.
VP Joe Biden visits a flyover state and gets a request from an American Citizen
Small business owner in Wisconsin tells VP Joe Biden to “Lower our taxes.”
Biden ignores the peasant and his quaint ideas.
A spokesman for the GOP responded to the VP’s visit:
“Vice President Biden probably decided not to take questions today because he didn’t want to fess up as to why Wisconsin has lost over 73,000 jobs since the stimulus was enacted.”