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Spending

Mandate? We Don’t Need No Steenking Mandate: Boehner’s Spending Deals Have Increased Debt $4 TRILLION

Hat/Tip to WeaselZippers. “I came as a reformer, but when people in charge don’t want to reform, the only way is revolution!” Did that quote come from one of the Tea Party House Republicans? No. Ted Cruz, over in the Senate? Nuh-uh. Believe it or not that quote came from John Boehner’s own lips. – Hat/Tip to Mark Levin. He said that as a firebrand young Conservative member of the House, intent on reforming the GOP and cutting the wasteful spending practices of Washington back in 1993. My oh my, how the times have changed. Fast forward 21 1/2 years […]

Obama Has Deep Pockets (Yours!)

“You’re telling me we have to go spend money to keep from going bankrupt?  The answer is yes, that’s what I’m telling you.” – Joe Biden “We’d all like to vote for the best man, but he’s never a candidate.” – Frank McKinney ‘Kin’ Hubbard “When I was a boy I was told that anybody could become President; I’m beginning to believe it.” — Clarence Darrow “In order to become the master, the politician poses as the servant.” – Charles de Gaulle The biggest spender in the history of history, flush with a brand new letter of credit courtesy of John Boehner and company, […]

Top 10 Ways Congress Wasted Your Money in 2013

We obviously need to introduce the notion of fiscal responsibility to Congress.  There are so many programs and items that are funded by the federal government that need to be sent back to the states, districts, or counties to fund. Whenever Congress, federal and local governments propose spending our money and raising taxes Congress, teachers, and government officials need to ask themselves at least this one question: Is this item or monetary increase absolutely necessary that it is a must to require my neighbor, friends, and family to reach down deeper in their pockets and pay more in taxes? Original […]

ObamaCare Makes ‘Granny Dumping’ a Preferred Treatment

As we all know, and as the democrats, president, and MSM lied about, hundreds of billions of dollars are being taken out of Medicare to pay for ObamaCare.   We saw this coming, and tried to warn people, but they decided to drink the Kool Aid, and vote for Obama again.  And now, for many senior citizens, drinking the Kool Aid is going to be a bit more literal than figurative than they would like.  On Oct. 1, 2012 the Obama administration started awarding bonus points to hospitals that spend the least on elderly patients. It will result in fewer knee […]

1930’s Political Comic Prophetic, or Just as Right then as now?

I caught this on Facebook last week. It strikes on some familiar themes, doesn’t it?  And it’s getting us now just what it got us then-more failure, and a longer economic downturn.

Detroit: A Progessive’s Dream Come True?

With all the scandals in Washington grabbing the headlines, the announcement that the city of Detroit is planning to default on $2.5 billion of unsecured debt is not getting the attention it should. From Fox News:  Detroit said Friday it would stop making payments on about $2.5 billion in unsecured debt and ask creditors to take about 10 cents on the dollar of what the city owes them in a move to avoid what bankruptcy experts have said would be the largest municipal bankruptcy in U.S. history. Detroit is not just some decaying city you are fortunate enough not live […]

BRIC and MIST Economies vs the PIIGGS and the US

Rhetoric, good intentions, philosophies, ideologies, speeches- they don’t mean as much to me as good policies. Purity of candidates, good communication skills, and hard work only mean anything if they are in pursuit of public policies which work to better protect human life, liberty, and property. Recently on RealClearPolitics Alan Reynolds wrote an excellent article The Truth About Taxes and Spending in Europe comparing the results of the public policies of two different sets of nations: …Several European countries, including Cyprus, have been mired in economic stagnation or decline for five years or more. Yet other countries in Asia and […]

Was Cyprus a Test Case for the Government Takeover of our Private Retirement Accounts

There be GOLD in them thar 401k’s, said the statists!  There have been rumblings about government wanting our private retirement accounts since the earliest days of the Obama presidency.  It’s been floated again and again, but hasn’t gotten traction, or does it even need to have political support at all?  As we have seen, Obama and his cohorts are more than willing to subvert the Constitution to do as they please.  And no one seems interested in stopping them.  Wyblog, who aptly quote my Post on the Great Bank Robbery in Cyprus, draws the inevitable relationship between the Great Bank  […]

Reject the Ideas of Madmen in Authority Who Serve Defunct Economists

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back. I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas. -John Maynard Keynes, from The General […]

I Had A Dream … A Conservative Dream!

My wife is one of those people who has long vivid dreams and she remembers in minute detail. Her dreams range from bizarre to weird, but they always involve the family. Me? I rarely remember dreams ( my wife thinks I am weird because of that). The occasional dream that I do remember usually involves me at a much younger age and people I do not know. My memory of the dream is always sketchy, at best. What I remember about last night’s dream is also sketchy; but what is interesting is that I was only an observer and not a […]

Worst Case Scenario of Sequester is Far Better Than the Porkulus

Ah the infamous sequester-those automatic spending cuts that kick in if the Republicans don’t compromise give in to every single demand or whim Obama makes.  Estimates from the screaming left claim that 750,000 jobs will be lost due to the sequester (which Obama protected, under threat of veto).  However, those same leftists don’t seem to be all that concerned with all the people that are losing their jobs due to ObamaCare, but I digress.  However, even if the 750,000jobs lost figure is correct, it’s still a drop in the bucket compared to all the job losses after the stimulus Porkulus […]

The 7 Pieces of Advice by Trotsky for Obama, found in the 1934 Chicago Tribune Cartoon ‘Planned Economy or Planned Destruction’

This image is taken from the 1934 Chicago Tribune cartoon ‘Planned Economy or Planned Destruction?’. It focuses on the character of Leon Trotsky, who is laying out a series of policy goals for the United States. The Chicago Tribute suggested in its latest reprint of this cartoon that we take a look at this cartoon and see if it rings true in today’s political and economic climate. Whereas others have focused on simply analyzing the larger cartoon to identify all the characters in it (for the best analysis see this post), today I am going to attempt to see if this cartoon […]

Liberal Education Creates Dumb People

It wouldn’t come as a surprise that people that go to universities tend to be liberal.  And, considering that they are liberal, they must live in economic la-la-land. And, it is true, as proven by Bookworm… One of the things that made the rounds on my Facebook was a boastful poster saying that those states with the highest number of college-educated people all went for Obama.  The implication is that these smart Blue State people, unlike the ill-educated yahoos in Red States, are the ones who have the brains and ability to understand how Obamanomics will serve America. What the genius […]

How can we Tell That the Obama Campaign is in Panic Mode?

There are some subtle, or not so subtle, signs that the Obama campaign is in panic mode.  Two stories covered that today.  The first is from Da Tech Guy… I have been telling you for a while that the best way to determine what is happening is what people are saying, vs what people are doing. Yesterday I was listening to Rush on a Minnesota radio station because all the local stations were all Sandy all the time and what did to my wondering eyes did appear but news of Bill Clinton going right there. Now let’s be clear, There is […]

Obama Campaign Cries About Being Outspent When Unions Have Spent Billions Since 2005

Yes friends, that’s billions with a “b.”  I regularly receive emails from the Obama propaganda squad (the official one, not MSNBC).  And, for my own amusement, I read them.  The latest theme is that they are going to be outspent by Romney.  However, ironically, it wasn’t unfair or tragic when Obama outspend McCain in 2008. At any rate, it appears that the evil rich are easily outstripped in spending by those perennial democrat allies, the union goons.  Doug Ross (no relation), has the details… The executive summary: political spending by labor unions blows away private contributions by the rich, the poor, and everyone in between: Organized […]

Thinking About Paul Ryan’s Budget: 2012 Our Last Chance to Stop Collapse?

John Hinderaker of Powerlineblog had lunch this week with Representative Paul Ryan (Republican) and got a chance to talk with him regarding his fully written and complete budget proposal. Here is how John summarizes Representative Ryan’sapproach to his budget: The United States has a brief time remaining when we can solve our budgetary crisis without drastic measures. Soon, our debt to GDP ratio will inhibit economic growth, the sheer magnitude of the debt will overwhelm efforts to get it under control, and rising interest rates will crush all other budgetary considerations. For now, we have an opportunity to solve the fiscal crisis without, for example, having […]

Educational Failure Infographic: What More Proof do you Need?

The CH 2.0, as well as a host of other sources, have discussed how the public education system, no matter the level of funding, is an utter and dismal failure.  For just another bit of evidence, kindly take a look at the following infographic.  I caught this over at Full Metal Patriot, so give them a visit as well… If that hasn’t convinced you, the Kool-Aid has called permanent brain damage.      

The 12 Steps of Democratic Recovery

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Using my crack induced investigative skills I was able to gain access to a secret I made it up document that details a new 12 step program Democrats around the country will be using to recover from their defeat in the debt ceiling dog and pony shownegotiations. Step 1: We Democrats admit we are powerless over spending.  We cannot increase it due to the intransigence and terroristic hostage-taking of those evil tea-bagging Republicans.  Our desire to increase taxes and entitlement spending is beyond our control, at least until the 2012 elections when we regain a majority of both houses. Step 2: We believe that a […]