Showing posts with label Bush. Show all posts
Showing posts with label Bush. Show all posts

Thursday, March 26, 2009

The Deaf Are The Most Longing To Hear

"Total Government - No Government" Political Spectrum - The political spectrum of the United Stated at the beginning of the 44th Presidency of Barack Obama. Image Credit: Edmund Jenks (MAXINE) 2009

You know, it isn't Left Vs Right ... Democrat Vs Republican anymore!

The political fight in this country is really between those who are aligned with Total Government - TG (Totalitarianism, Communism, Fascism, Dictatorship) and No Government - NG (Anarchy). Sadly, both Democrats and Republicans are way to the left of what would be a center point between these two extremes.

The Constitution of the United States, for example, structures a Government that is way closer to Anarchy than the center point between Total Government and No Government.

This is simply an illustration of how far our country has drifted away from its core values found in the Constitution.

It really is about all of us treating each and every individual, as we find them, with personal freedom and respect.

If you question the logic of this proposal, then all one needs to do is ask ---

"Is this a country by the people, for the people (as it says in the constitution) when the largest spending bill in the history of the nation is put to a vote, through a forced compressed time procedure, before anyone (legislator or citizen) has enough time to actually read the legislation?"

"Is this a country by the people, for the people when the legislators are considering a law that forces the elimination of a secret vote in the work place?" - what is next, laws to abolish any secret vote anywhere there are powerful forces that want to force their will on others?

What is happening in this country is that the Constitution is under assault and people's personal freedoms are not given any value by the people who are elected to protect them ... as guaranteed by the Constitution (this nation's founding and forming document).

Welcome to the realities of Carter's Second Term ... on steroids!

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The Deaf Are The Most Longing To Hear
by Edmund Jenks

March 26, 2009, 5:52 am

A blog post spawned by a response to a previous posting about the comparison of deficiet spending between the two-party rule 43rd Presidency and the fledgling one-party rule 44th Presidency ...

Dennis Shay says:

Ed, great summary.

but you're using the wrong venue. Your dire warning is mostly falling on deaf ears, here in the Red Room.

Wed, 03/25/2009 - 8:26am

[the Red Room is a web portal for authors]

wrong venue dire warning falling deaf ears rr 03252009 826am

Thanks for your concern but if one more mind hears, then we all get a little less hurt.

Where Do You Stand?


Create a poll on SodaHeadTotal Government vs No Government ... where do you lean?Poll Answers

Wednesday, March 25, 2009

Ebony & Ivory - Obama Deficits & Bush Deficits Together

In back-to-back press conferences (held Nov. 24, 2008) by Bush (first) and Obama (second), the men either stated or implied that they were sort of working together to muscle the nation through this tough economic period. Bush said, “I talked to Obama about the decision we made. I told the American people, and I told the president-elect when I first met him, that anytime we were to make a big decision during this transition, he will be informed, as will his team.” The plans discussed are still in play to this day during the Obama Administration. Image Credit: St. Louis Post-Dispatch (2008)

Ebony & Ivory - Obama Deficits & Bush Deficits Together

These figures do not live together in perfect harmony here in Carter's Second Term.

Question:

Did you know that the Barack Obama Administration inherited deficits from the previous Bush Administration? Really?!

How can the Obama Administration continue to float the tired old saw that they just happen to inherit large deficits so it will take more just to dig ourselves out?

After sixty short days, the Congress that the Obama Administration actually DID INHERIT, and Barack Obama himself, increased the commitments to spend taxpayer money on social programs alone from the 3% of GDP to 20% of GDP ... or an increase in social spending programs of an eerie 6.66 times greater level.

It is called Deficit Spending (socialism) - and now foreign countries (China and Russia) are suggesting that the world economy adopt a new currency on which to peg/judge the value of other currencies other than the United States dollar - the formally most stable currency in the world.

Graphic showing the Bush Administration and the committed and projected Obama Administration deficits side-by-side. Graphic Credit: The Washington Post via the Heritage Foundation (2009)

This excerpted and edited from the Heritage Foundation -

Bush Deficit vs. Obama Deficit in Pictures

The Heritage Foundation - Posted March 24th, 2009 at 10.20am

President Barack Obama has repeatedly claimed that his budget would cut the deficit by half by the end of his term. But as Heritage analyst Brian Riedl has pointed out, given that Obama has already helped quadruple the deficit with his stimulus package, pledging to halve it by 2013 is hardly ambitious. The Washington Post has a great graphic which helps put President Obama’s budget deficits in context of President Bush’s.

What’s driving Obama’s unprecedented massive deficits? Spending. Riedl details:

* President Bush expanded the federal budget by a historic $700 billion through 2008. President Obama would add another $1 trillion.

* President Bush began a string of expensive financial bailouts. President Obama is accelerating that course.

* President Bush created a Medicare drug entitlement that will cost an estimated $800 billion in its first decade. President Obama has proposed a $634 billion down payment on a new government health care fund.

* President Bush increased federal education spending 58 percent faster than inflation. President Obama would double it.
----
* President Bush tilted the income tax burden more toward upper-income taxpayers. President Obama would continue that trend.

* President Bush presided over a $2.5 trillion increase in the public debt through 2008. Setting aside 2009 (for which Presidents Bush and Obama share responsibility for an additional $2.6 trillion in public debt), President Obama’s budget would add $4.9 trillion in public debt from the beginning of 2010 through 2016.
Reference Here>>

What the American people inherited with the Clinton and Bush Administrations (and thrust forward with the Obama Administration) were the building blocks of economic slavery and communism.

First, the Government took the position that every person that lived in America (citizen or non-citizen) deserved to be able to participate in home ownership. The Clinton Administration formed the quasi Governmental financial institutions backed by taxpayer money of Fannie Mae and Freddie Mac to insure low interest loans with reduced qualification requirements. Bonus programs were implemented and paid to the political (Democrat) management of these organizations.

Banks did not want to lend money with this level of low proof, so the management of Freddie Mac and Fannie Mae had community development organizations (ACORN) prod them to loan money through lawsuits. In order to fuel demand for these weak mortgages (purchase commitments without the ability or intention to pay), the Government regulating agencies allowed them to be bundled and packaged as grouped financial instruments and sold to the highest bidder through insurance companies and financial institutions (AIG, WAMU, Wachovia, banks in France, Finland, Germany, and etc.).

What triggered this collapse is the increased payment demanded the mortgage companies when the initial period of artificially low inducement interest ran out and the actual value of the house became greater than the mortgage value of the home. People who originally had no real means to afford the home they committed to purchase in the first place, simply walked away with no real damage to their lives leaving all of the intuitions holding the mortgages without an income stream. The asset value of the bundled "Junk Mortgages" dropped and the economic crisis begins.

The sick logic in all of this is that the two-party Bush Government got our economy into this position and now the one-party Obama Government (of Obama/Pelosi/Reid) is smart enough to get us out … with heavier intervention and greater spending commitments - all on the American Taxpayer.

Does anyone in Government realize that this deficit spending of our collective money will all implode eventually?

This strategy will turn our currency into the value of the bundled "Junk Mortgages" that helped to put us into this place to start with - all on the back of the Government move toward social engineering!