Check out this new video from The Heritage Foundation on public employee unions:
I don't know who makes these videos, but they deserve a fat raise and three times the staff. Nobody breaks these issues down and does a better presentation than Heritage. Their "Tax Day By The Numbers" was great too. The RNC and future Republican candidates should take lessons from these guys.
Saw this meme floating around on Facebook last week:
Only 5 states do not have collective bargaining for educators and have deemed it illegal. Those states and their ranking on ACT/SAT scores are as follows:
South Carolina – 50th
North Carolina – 49th
Georgia – 48th
Texas – 47th
Virginia – 44thIf you are wondering, Wisconsin, with its collective bargaining for teachers, is ranked 2nd in the country.
Then it was repeated in a column by vaunted New York Times columnist Paul Krugman.
I knew something wasn't right with this comparison, but was too busy to dig in. Thankfully Iowahawk stepped out of satire mode and stepped up to the plate:
[...] a state's "average ACT/SAT" is, for all intents and purposes, a proxy for the percent of white people who live there. In fact, the lion's share of state-to-state variance in test scores is accounted for by differences in ethnic composition. Minority students - regardless of state residence - tend to score lower than white students on standardized test, and the higher the proportion of minority students in a state the lower its overall test scores tend to be.
He goes on to state the obvious, that the minority test score gap is primarily due to socioeconomic and cultural issues that have nothing to do with the quality of teachers or schools. If a kid doesn't think education is important, you'll never be able to get him to participate, union or no.
Then we see the comparison broken down in a way that's actually useful (for something besides advancing the MSM/DNC Cabal agenda):
2009 4th Grade Math
White students: Texas 254, Wisconsin 250 (national average 248)
Black students: Texas 231, Wisconsin 217 (national 222)
Hispanic students: Texas 233, Wisconsin 228 (national 227)2009 8th Grade Math
White students: Texas 301, Wisconsin 294 (national 294)
Black students: Texas 272, Wisconsin 254 (national 260)
Hispanic students: Texas 277, Wisconsin 268 (national 260)2009 4th Grade Reading
White students: Texas 232, Wisconsin 227 (national 229)
Black students: Texas 213, Wisconsin 192 (national 204)
Hispanic students: Texas 210, Wisconsin 202 (national 204)2009 8th Grade Reading
White students: Texas 273, Wisconsin 271 (national 271)
Black students: Texas 249, Wisconsin 238 (national 245)
Hispanic students: Texas 251, Wisconsin 250 (national 248)2009 4th Grade Science
White students: Texas 168, Wisconsin 164 (national 162)
Black students: Texas 139, Wisconsin 121 (national 127)
Hispanic students: Wisconsin 138, Texas 136 (national 130)2009 8th Grade Science
White students: Texas 167, Wisconsin 165 (national 161)
Black students: Texas 133, Wisconsin 120 (national 125)
Hispanic students: Texas 141, Wisconsin 134 (national 131)
This turns the left's cute little factoid on it's ear! You can clearly see that students, especially minority students, fare better in non-union Texas than they do in union utopia Wisconsin.
Major hat tip to Iowahawk for taking the time to shine a little light on the left's lazy, biased, and/or intellectually dishonest comparison.
Not since Arizona's defiant stance against the Federal government's refusal to enforce their own border laws have I been so impressed by a State legislature and Governor.
Wisconsin is doing yoeman's work in beginning to pare back the excessive compensation, pension and corruption doled out to state employee unions in return for their support at the ballot box by a long line of politicians hoping they would not be in office when the bill eventually came due.
Well the waiter is standing here at the table, and the bill is due now, and it looks like we're tapped out. So either the taxpayers go work it off slaving in the kitchens, or the unions will have to take some cuts just like everyone else has in this economy. The Wisconsin voters decided the issue last fall, but apparently these Democrats have no respect for the democractic process...
Teacher's unions staged a massive protest and invaded the State Capital building.
Teacher's unions conducted massive fraud against the taxpayers of Wisconsin by arranging for fake doctors to write excuse notes for protestors:
Then Senate Democrats fled their responsibilities and the state, preventing the State Senate from obtaining a quorum needed to conduct a vote.
Even union thugs invading the State Assembly chamber during a vote could not stop the courageous Republican legislators from doing what they were elected to do, what a majority of Wisconsin voters wants them to do:
Who should be ashamed? The people doing the will of the voters, or the people trying to thwart Democracy by attempting to shut down the government?
I hope Governor Walker and the state legislators crush the Wisconsin unions and other states follow their lead. Our fiscal day of reckoning approaches, and everyone needs to have some skin in the game.
This from the guy who's spent millions of dollars on lawyers fighting to keep all of his school and birth records sealed away from public scrutiny?
Hat tip to Third World County.
You'd think the "smartest President ever" and a former Professor Of Constitutional Law would have known that ObamaCare would be ruled unconstitutional... but perthaps his scholarship of our founding document was just about finding ways to subvert it?
Patrick Ishmael just posted a great piece over at Hot Air. Here's the money quote:
"The Democrats are this decade’s Party of No. They are desperate. And because they are desperate, they’re trying to sow as much chaos into the national conversation as they possibly can, in hopes of avoiding a definitive political comeuppance for their proven ideological failures, revealed over the past two years."
Exactly... They held the reins of power for two years, but half of their feel-good campaign promises didn't pass their own smell test and the other half failed miserably once enacted. A costly lesson for our nation, but at least it appears we are learning from it.
Bill Whittle rocks! What do we have to do to get him to run for President? Damn.
Or better yet my dream team could win and make Whittle the White House Press Secretary! LMAO.
Like Loughner, Keith is apparently mentally deranged and singularly obsessed with destroying a female politician.
There's just no denying it. He needs to seek professional help for this affliction. Hopefully he can get well before he becomes a danger to himself or someone else.
Bernie Madoff was sent to prison for running what's called a Ponzi scheme. He convinced people to invest with him but instead of actually investing their money, he just spent it. When someone wanted to withdraw the money Madoff had been entrusted with he just used the funds from his new "clients" to pay back the old "clients". But, like all Ponzi schemes, eventually there are not enough new investors to pay back the old investors and the whole thing just implodes.
Now Bernie Madoff is one of the most hated men in America and he is off to jail, and rightfully so. He stole the life savings and dashed the hopes and dreams of thousands of American families, but the dirty little secret here is that the US government has been doing exactly what Madoff did to his investors to all of us for over seventy years with the Social Security program. There is no meaningful difference between the two schemes, except that one was operated by a private individual who is now in jail, and the other is operated by Washington politicians who are rewarded by the very people they are defrauding.
You doubt me? Well here's a side by side comparison:
| BERNIE MADOFF | Took money from investors with the promise that the money will be invested and made available to them later. |
| SOCIAL SECURITY | Takes money from wage earners with the promise that the money will be invested in a "Trust Fund" and made available to them later. |
| BERNIE MADOFF | Instead of investing the money Madoff spent it on mansions, limousines and yachts. |
| SOCIAL SECURITY | Instead of depositing money in the "Trust Fund" the politicians spend the money on pork barrel projects and "freebies" to buy votes. |
| BERNIE MADOFF | When the time came to pay some investors back Madoff simply used some of the funds from newer investors. |
| SOCIAL SECURITY | When benefits for older investors become due the politicians pay them with money taken from younger wage earners. |
| BERNIE MADOFF | When Madoff's scheme is discovered all hell breaks loose. New investors won't give him any more cash. |
| SOCIAL SECURITY | When Social Security eventually runs out of money they will simply force you to send them even more of your wages, and then congratulate themselves for "saving" Social Security. |
Bernie Madoff is in jail, but the politicians remain in Washington enjoying the perks and privilges of their offices, once again proving that there is no place more corrupt and hypocritical on this Earth than Washington DC.
P.S.This came in my inbox today and I just tweaked the wording a bit, made the table and added the photos. The original author is unknown to me, but I figured he's still due a hat tip for his efforts. I didn't want to pull a Joe Biden and try to pass off his words as my own.
Via CmBlake6:
Damn. That was awesome! Makes me wish he'd apply for a "Certificate Of Live Birth" from Hawaii so he could run for President of our country. We need some backbone like that in Washington.
Previously leaking only war-related material, ostensibly to hasten the conclusion of hostilities, they now are leaking diplomatic communiques for no apparent reason than to prove that they can. It is no longer a protest, it is an attack, a provocation of the highest order. Their irresponsible act has endangered countless lives, set back international relations, damaged US national security and made already difficult to obtain international cooperation a near impossibility in the near term.
The former Army PFC Bradley Manning has committed a heinous act of treason by leaking this top-secret information. He needs to be tried quickly and publicly executed, preferably by firing squad.
Julian Asaange and his group of geeks should be hunted down and exterminated by the US military and/or CIA. Car bombs, snipers, poison, I really don't care what method is used, just don't make it look like an accident. Send a message and send it unapologetically.
The sooner this all happens, the sooner the world will take our government, it's word, and it's laws seriously again. And the sooner our own people will take them seriously too.
UPDATE: And another thing, the New York Times refused to print the "Climategate" e-mails proving scientists manipulated data to promote the man-made global warming myth because the info was obtained illegaly. But fast forward to yesterday and the Times has no problem whatsoever printing leaked diplomatic cables that have set back our foreign relations ten years and damaged our national security... Just what journalistic standard are they applying here? Anti-left wing = bad, anti-America = good? Looks like.
George Bush and Barack Obama somehow ended up at the same barber shop.
As they sat there, each being worked on by a different barber, not a word was spoken. The barbers were even afraid to start a conversation, for fear it would turn to politics.
As the barbers finished their shaves, the one who had Obama in his chair reached for the aftershave. Obama was quick to stop him saying, 'No thanks, my wife Michelle will smell that and think I've been in a whorehouse.'
The second barber turned to Bush and said, 'How about you sir?' Bush replied, 'Go right ahead... MY wife doesn't know what a whorehouse smells like.'
Iowahawk brings us a text adventure transcript ripped right off President Obama's floppy disk!
YOU ARE IN AN OVAL OFFICE. YOU ARE BEHIND A DESK. YOU ARE BORED. WHAT DO YOU WANT TO DO?
>GIVE RESET BUTTON TO RUSSIA, BUY CAR COMPANIES
HOW MANY CAR COMPANIES?
>2
THIS WILL COST $85 BILLION OF GOLD. YOU ARE IN AN OVAL OFFICE. YOU HAVE 2 CAR COMPANIES. WHAT DO YOU WANT TO DO WITH THEM?
>GIVE TO UNIONS
YOU ARE IN AN OVAL OFFICE. YOUR APPROVAL HEALTH IS 67%. UNEMPLOYMENT IN THE FOREST IS 8.1% WHAT DO YOU WANT TO DO?
>STIMULATE ECONOMY
HOW?
>$1 TRILLION TARP
YOU DO NOT HAVE ENOUGH GOLD FOR THAT. WHAT DO YOU WANT TO DO?
>BORROW GOLD
FROM?
>CHINA
WHO DO YOU WANT GOLD TO GO TO?
>BANKING AND INSURANCE FRIENDS
Be sure to click over and read the whole thing. Priceless... at least if you were a big geek in the 80's like me. I can remember playing these text adventure games at the library before I had a computer, then I'd print a transcript on the dot matrix and take it home to strategize my next adventure session.
Good times... I really miss Infocom.
Found this over at Hot Air, and all I can say is brilliant, absolutely brilliant. Can't wait to see part two!
I'm also Facebooking this... as I've got some relatives who are pseudo-marxists and maybe this will finally make a dent.
UPDATE: Bill uploaded part two today.
UPDATE: Part three of this series is now available. Keeps on getting better!
UPDATE: Part four is now up.
UPDATE: Part five has arrived.
Sitting together on a train was Barack Obama, George W. Bush, a little old lady, and a young voluptuous blond girl.
The train goes into a pitch black tunnel and a few seconds later there is the sound of a loud SLAP! When the train emerges from the tunnel, Obama has a bright red hand-print on his cheek... but NO ONE speaks.
The old lady thinks: Obama must have groped the blond in the dark, and she slapped him.
The blond girl thinks: Obama must have tried to grope me in the dark, but missed and fondled the old lady instead and she slapped him.
Obama thinks: Bush must have groped the blond in the dark. She tried to slap him but missed and got me instead.
George Bush thinks: That felt good... I can't wait for another tunnel!
October 2nd, 2010, Washington DC:
I, for one, am not surprised... The only thing that does surprise me is that the fiction of a centrist Democrat party still lingers on. "One Nation" under Marx, with equality of tyranny for all.
Glenn Beck had a really eye opening segment last night, and I thought it deserved to be posted on YouTube for future reference.
Glenn and his guest Dinesh D'Souza dissect Obama's family history and past associations in an attempt to understand the President's political philosiphy.
Great music, great soundbites, great quotes, great timing, and The Great Communicator... I'd say this clip is pretty damn great, wouldn't you?
Hat tip to Ben Howe, who has some other videos that are worth checking out if you've got a sec.
Pretty lame really...
If I were grading them I'd probably give them a... D?
The simplicity really does lend itself to mutilation though, and of course I already have a template prepared.
I'm taking requests... feel free to post your ideas in the comments and I'll upload them here for all to see.
UPDATE: Here's one inspired by the good folks over at IMAO:
Change that splatters... love that line.
MORE AFTER THE JUMP!
He got put down pretty hard, but you've got to admire him for having the guts to wade in there and give it a shot.
This is getting to be so routine I'm not even sure why I'm posting it... Oh yeah, it's four in the morning, I can't sleep, and I have nothing better to do. That's why.
"...as candidate Obama said, adding 20,000 men and women would improve the security situation" -White House Press Secretary Robert Gibbs 2010
"This surge concept is, in fact, no different from what we have repeatedly tried, but with 20,000 troops we will not -- in any imaginable way be able to accomplish any new progress." -Barack Obama 2007
"I am absolutely confident that Iraq will form a national unity government that will be able to sustain that country." -Joe Biden 2010
"Not in our lifetime [...] will there be a unity government in Baghdad that has the confidence of all the Iraqi people, able to maintain security, provide opportunity and have a stable unity government. It will not happen." -Joe Biden 2007
The MSM/DNC Cabal continues to circle the wagons around the "almost pluperfect" Obama.
You have GOT to be kidding me.
The Department of Justice is seeking to hire linguists fluent in Ebonics to help monitor, translate, and transcribe the secretly recorded conversations of subjects of narcotics investigations, according to federal records.
A maximum of nine Ebonics experts will work with the Drug Enforcement Administration’s Atlanta field division, where the linguists, after obtaining a “DEA Sensitive” security clearance, will help investigators decipher the results of “telephonic monitoring of court ordered nonconsensual intercepts, consensual listening devices, and other media”
Hmm... Finding people in Atlanta who speak Ebonics? Not hard I"m guessing. Finding people in Atlanta who speak Ebonics AND can speak English? That's an entirely different matter.
...
Dayum nigga, I be all up in dat shee-it! Head'n down ta 'Lanta tuh git me a dayum J O B so I can git paid in FULL. Workin fo tha man though dawg? Dat's aw-ight, maybe dey'll give me a gatt n a badge n shit! Time to get my fly on y'all.
Via CMBlake6:
The stupidest thing said about tax cuts is the often-repeated claim that "they ought to be paid for." How absurd! Tax cuts merely let people keep money they rightfully own. It's government programs, not tax cuts, that must be paid for. The tax-hungry politicians' demand that cuts be "paid for" implies the federal budget isn't $3 trillion, but $15 trillion – the whole GDP – with anything mercifully left in our pockets being some form of government spending. How monstrous!
Exactly. How the Republicans let the Democrats get away with this kind of distortion year after year is beyond me. I think we need to haul them all out of Washington for yearly re-education camps or something!
The Wall Street Journal published a brilliant editorial by Micheal Fleischer explaining why businesses aren't hiring new employees. It's a must read.
[...] To offset tax increases and steepening rises in health-insurance premiums, my company needs sustainably higher profits and sales—something unlikely in this "summer of recovery." We can't pass the additional costs onto our customers, because the market is too tight and we'd lose sales. Only governments can raise prices repeatedly and pretend there will be no consequences.
And even if the economic outlook were more encouraging, increasing revenues is always uncertain and expensive. As much as I might want to hire new salespeople, engineers and marketing staff in an effort to grow, I would be increasing my company's vulnerability to government decisions to raise taxes, to policies that make health insurance more expensive, and to the difficulties of this economic environment.
A life in business is filled with uncertainties, but I can be quite sure that every time I hire someone my obligations to the government go up. From where I sit, the government's message is unmistakable: Creating a new job carries a punishing price.
Be sure to click over and read the rest. It's right on the money.
EXIT QUESTION: How long before the MSM/DNC Cabal embargo on the failure of Obamanomics begins to crack? I'm guessing right after the election.
Here's a brilliant little video produced by Ten Buck Fridays.
The group is trying to organize coordinated donations of $10 per person each week via Facebook and direct them to the one conservative candidate who can make the best use of them to have a broader impact. What a great idea! Are you in?
Hat tip to CMBlake6.
Doctor Zero did some math and finds that GM's new Chevy Volt just doesn't add up.
The sticker price is $41,000. However, with federal subsidies, you could pay as little as $33,500. Additional subsidies provided by the state of California could knock it down even lower, for residents of the Golden State. So what’s the price?
$41,000, of course. The subsidies just mean you don’t pay all of it. The utterly bankrupt federal government takes money from other taxpayers, and uses it to discount your purchase. Since California is teetering on the edge of total collapse, and may well require federal bailouts in the near future, taxpayers across the country could end up paying additional sums to support Volt purchases that happen to occur within the state of California. These transfer payments are mixed into the thickening concrete surrounding the American economy, making it just a few inches deeper.
I made a chart to illustrate the point he is making:
| Sticker Price | $41,000.00 | |
| Federal Tax Credit | -$7,500.00 | |
| Purchase Price | $33,500.00 | |
| Initial Production Run | 10,000 | |
| Federal R&D Subsidies | $400,000,000.00 | |
| Subsidy Per Vehicle | $40,000.00 | |
| Actual Cost Per Vehicle | $81,000.00 | |
| Car Buyers Pay | $33,500.00 | |
| Taxpayers Pay | $47,500.00 |
And who would pay $81,000 for this $18,000 sedan with a battery? Why, the US taxpayer of course!
The Volt would not exist at all, if the government had not performed an elaborate voodoo ritual which involved burning $50 billion in taxpayer cash and sprinkling the ashes over the United Auto Workers union. This raised General Motors from its free-market grave, and placed it at the service of those who killed it. How much of this fifty billion should be divided among the Volt production run to calculate its true, final value?
The purpose of seizing money from taxpayers to finance the Volt was preserving the jobs of union members politically connected to the Democrat Party.
And there we have it. The root of all this mess is votes for Democrats, just like the housing meltdown. Go figure. Is there no end to how many things they can fuck up?
I know, I know, a lot of things could change between now and then, but I just haven't seen anyone else who compares to these two.
Newt Gingirch and Paul Ryan both have tremendous intelligence, remarkable vision, and the boldness to suggest things that other politicians would rather ignore. This is precisely the kind of leadership America will need to repair the damage done by Obamanomics, ObamaCare and whatever else the Democrats are planning to spring on us during the lame duck session this fall.
Take a look at these guys in action and you'll see that they are birds of a feather, and nobody else even comes close. I'm certain they would wipe the floor with Obama Biden in the debates.
Newt's Greatest Hits:
Newt Speaks At Restoration Weekend 2009
Newt At Southern Republican Leadership Conference
Newt Defends Palin's Experience To MSNBC
Ryan's Greatest Hits:
Ryan Confronts Obama Over Spending
Ryan Explains His Roadmap On CNBC
There are many other clips of course, and perhaps even better ones, but I think this gives you an idea of how smart, how bold, and how serious these two are about getting America back on a positive trajectory, and I would absolutely love the chance to vote for that.
We'll see how the chips fall in the next two years I guess, but I thought it would make some interesting conversation for my comments section. Anyone want to chime in?
Glenn had an especially nice rant this evening, and I decided to post it to YouTube.
I feel the same way Glenn. Keep doing what you're doing man. Maybe it's not too late.
Here is a letter sent to the New York Times by Lou Pritchett, former Vice President of Proctor and Gamble.
Dear President Obama:
You are the thirteenth President under whom I have lived and unlike any of the others, you truly scare me.
You scare me because after months of exposure, I know nothing about you.
You scare me because I do not know how you paid for your expensive Ivy League education, your upscale lifestyle and housing with no visible signs of support.
You scare me because you did not spend the formative years of youth growing up in America and culturally you are not an American.
You scare me because you have never run a company or met a payroll.
You scare me because you have never had military experience, thus don’t understand it at its core.
You scare me because you lack humility and ‘class’, always blaming others.
You scare me because for over half your life you have aligned yourself with radical extremists who hate America and you refuse to publicly denounce these radicals who wish to see America fail.
You scare me because you are a cheerleader for the ‘blame America’ crowd and deliver this message abroad.
You scare me because you want to change America to a European style country where the government sector dominates instead of the private sector.
You scare me because you want to replace our health care system with a government controlled one.
You scare me because you prefer ‘wind mills’ to responsibly capitalizing on our own vast oil, coal and shale reserves.
You scare me because you want to kill the American capitalist goose that lays the golden egg which provides the highest standard of living in the world.
You scare me because you have begun to use ‘extortion’ tactics against certain banks and corporations.
You scare me because your own political party shrinks from challenging you on your wild and irresponsible spending proposals.
You scare me because you will not openly listen to or even consider opposing points of view from intelligent people.
You scare me because you falsely believe that you are both omnipotent and omniscient.
You scare me because the media gives you a free pass on everything you do.
You scare me because you demonize and want to silence the Limbaughs, Hannitys, O’Relllys and Becks who offer opposing, conservative points of view.
You scare me because you prefer controlling over governing.
Finally, you scare me because if you serve a second term I will probably not feel safe in writing a similar letter in 8 years.
The New York Times, being an obedient member of the MSM/DNC Cabal, declined to print the letter.
This was verified by Snopes. Hat tip to Paulie for e-mailing it.
We have between ten and twenty million illegal immigrants in this country. We also have nearly fourteen million unemployed citizens... Am I the only one who sees a simple solution to both problems?
Seal the border, crack down on those who hire illegals both corporations and all the "regular citizens" hiring day laborers and nannies, make it a requirement to provide proof of citizenship to rent an apartment or open an account with a public utility, and deport each and every illegal who violates our laws.
This would immediately begin reducing the nearly one hundred and thirteen billion dollars our governments spend for healthcare, education, food, housing subsidies and incarceration of illegal aliens. It would also begin reducing the billions spent on unemployment as jobless American citizens begin filling positions once held by foreign nationals. These savings could be used to fund this border enforcement initiative and later to reduce the defecit.
Another economic boon would be reaped when all those jobs are filled by our fellow citizens who spend their paychecks here in the US instead of immigrants who often wire the majority of their income to their family back home in Mexico City or Costa Rica. Those dollars would be circulating here creating even more jobs for Americans.
Some may say that these people are doing jobs Americans just won't do. Well, that's bullshit and you know it. Americans will do any job, they just want to be paid fairly for it. I have no sympathy for any corporation whose profits, or any individual whose lifestyle is subsidized by paying slave wages to illegal laborers. Nor do I have sympathy for the illegals who are "just here looking for a better life". Well, a crack dealer is out looking for a better life too, but that doesn't change the fact that he is breaking the law. Laws mean something. There are legal ways to come here. There is no excuse.
And while we're on the topic. I often hear that phrase about immigrants coming to America for a better life, but rarely do I hear about them coming here to become Americans. Allowing millions of foreigners to infiltrate our country and reap the benefits of the society we've built while they maintain and proudly proclaim their fidelity with foreign governments is a travesty and a national embarrasment.
America is for Americans, not Mexicans. If you are a Mexican looking to become an American we invite you to apply for legal entry and citizenship, but if you are here illegally just to leech off our country and scoop up dollars to take home you need to be arrested and deported just like any other criminal.
Seal the border, law and order, recession over.
From Fox News:
NASA Administrator Charles Bolden said in a recent interview that his "foremost" mission as the head of America's space exploration agency is to improve relations with the Muslim world.
Wow! The Muslims have already colonized a planet? Why would Obama want to reach it? Is that where his birth certificate is stored?
I saw a bumper sticker for sale like this, but rather than repost their crappy thumbnail I made a new and better version:
Dovetails nicely with the last post... unfortunately.
As you can see by this chart, the ratio of working-age citizens who are employed, versus those who are unemployed or have given up looking for work is at the lowest level in modern history.
This is because Obama's economic policies are doing more harm than good to the US economy.
Obama has engaged in an orgy of spending and defecits the likes of which we have never seen in the history of our Republic, and the money is being used almost exclusively to fund politically oriented programs that have little to no stimulative effect. This does nothing to inspire confidence that a recovery is near, but does everything to inspire confidence that tax increases are.
Many of Obama's initiatives since taking office have been driven by the Democrats dishonest class warfare agenda. Rewarding government employees at taxpayer expense, rewarding union members at taxpayer expense, and demonizing the business community and the investor class at every turn. Hmm... which of those groups is the one that creates new jobs again?
Obama and the Democrat controlled Congress passed a healthcare bill that will significantly increase the cost of doing business in America, just when businesses could least afford it.
Obama & Co. are placing increased regulatory burdens on many sectors of the economy, again to little real effect, but politically popular with ingnorant Democrat voters even though they hurt the private sector and impede the chances of a recovery.
Obama and the Democrats are threatening to push through a cap & trade style energy bill that would amount to a $640 billion dollar tax increase on American businesses.
Democrats keep floating the possibility of a European style VAT tax, which would just increase the cost of every product or service offered at every business in the nation.
In addition to all the business tax increases listed above, the largest income tax increase in American history is coming in six months (IS coming, not MIGHT come), and Obama and the Democrats can't wait for all that money to come to Washington. Money that could be in your community creating new jobs. This will likely be a crushing blow to an already reeling US economy.
All of this unecessary and politically motivated commotion (a.k.a. "Change") is creating a climate of fear and uncertainty in the private sector. Would you invest in expanding your business when any increase in profits would likely be taxed away from you? Would you hire more employees when the healthcare costs are set to skyrocket? Would you risk your wealth or take out a loan to finance a new business venture when things are so shaky and the leadership of this nation is apparently making every single wrong move you could make?
No.
And the results are already becoming clear:
The Federal Reserve reported Thursday that nonfinancial companies had socked away $1.84 trillion in cash and other liquid assets as of the end of March, up 26% from a year earlier and the largest-ever increase in records going back to 1952. Cash made up about 7% of all company assets, including factories and financial investments, the highest level since 1963.
Businesses are setting aside cash because they have no confidence in Obama. This cash could be creating new jobs and new opportunities, but Obama and the Democrats have blown any chance of a speedy economic turnaround. It will take a complete shake up in Washington to fix this, and that's not possible until January 2013, so buckle up folks, it's going to be a long and bumpy ride.
So the FBI just arrested 10 Russian spies who were attempting to "infiltrate policymaking circles". Yet we have/had self described communists, Marxist sympathizers and Mao admirers serving in the Obama Administration.
Maybe Russia didn't get the memo? Mission accomplished fellas.
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