Welcome to the APBWeb.
Results 1 to 5 of 5
  1. #1
    countybear's Avatar
    countybear is offline BDRT - Baby Daddy Removal Team
    Verified LEO
    Super Moderator
    Join Date
    01-18-07
    Location
    Louisiana
    Posts
    6,512
    Rep Power
    4611628

    More Smoke and Mirrors...

    Americans are beginning to see through the guises of this administration, we can only hope.

    Here's Krauthammer's take:

    March 06, 2009
    Deception at Core of Obama Plans

    By Charles Krauthammer


    WASHINGTON -- Forget the pork. Forget the waste. Forget the 8,570 earmarks in a bill supported by a president who poses as the scourge of earmarks. Forget the "$2 trillion dollars in savings" that "we have already identified," $1.6 trillion of which President Obama's budget director later admits is the "savings" of not continuing the surge in Iraq until 2019 -- 11 years after George Bush ended it, and eight years after even Bush would have had us out of Iraq completely.

    Forget all of this. This is run-of-the-mill budget trickery. True, Obama's tricks come festooned with strings of zeros tacked onto the end. But that's a matter of scale, not principle.


    All presidents do that. But few undertake the kind of brazen deception at the heart of Obama's radically transformative economic plan, a rhetorical sleight of hand so smoothly offered that few noticed.

    The logic of Obama's address to Congress went like this:
    "Our economy did not fall into decline overnight," he averred. Indeed, it all began before the housing crisis. What did we do wrong? We are paying for past sins in three principal areas: energy, health care, and education -- importing too much oil and not finding new sources of energy (as in the Arctic National Wildlife Refuge and the Outer Continental Shelf?), not reforming health care, and tolerating too many bad schools.

    The "day of reckoning" has now arrived. And because "it is only by understanding how we arrived at this moment that we'll be able to lift ourselves out of this predicament," Obama has come to redeem us with his far-seeing program of universal, heavily nationalized health care; a cap-and-trade tax on energy; and a major federalization of education with universal access to college as the goal.

    Amazing. As an explanation of our current economic difficulties, this is total fantasy. As a cure for rapidly growing joblessness, a massive destruction of wealth, a deepening worldwide recession, this is perhaps the greatest non sequitur ever foisted upon the American people.

    At the very center of our economic near-depression is a credit bubble, a housing collapse and a systemic failure of the entire banking system. One can come up with a host of causes: Fannie Mae and Freddie Mac pushed by Washington (and greed) into improvident loans, corrupted bond-ratings agencies, insufficient regulation of new and exotic debt instruments, the easy money policy of Alan Greenspan's Fed, irresponsible bankers pushing (and then unloading in packaged loan instruments) highly dubious mortgages, greedy house-flippers, deceitful homebuyers.

    The list is long. But the list of causes of the collapse of the financial system does not include the absence of universal health care, let alone of computerized medical records. Nor the absence of an industry-killing cap-and-trade carbon levy. Nor the lack of college graduates. Indeed, one could perversely make the case that, if anything, the proliferation of overeducated, Gucci-wearing, smart-ass MBAs inventing ever more sophisticated and opaque mathematical models and debt instruments helped get us into this credit catastrophe in the first place.

    And yet with our financial house on fire, Obama makes clear both in his speech and his budget that the essence of his presidency will be the transformation of health care, education and energy. Four months after winning the election, six weeks after his swearing in, Obama has yet to unveil a plan to deal with the banking crisis.
    What's going on? "You never want a serious crisis to go to waste," said Chief of Staff Rahm Emanuel. "This crisis provides the opportunity for us to do things that you could not do before."

    Things. Now we know what they are. The markets' recent precipitous decline is a reaction not just to the absence of any plausible bank rescue plan, but also to the suspicion that Obama sees the continuing financial crisis as usefully creating the psychological conditions -- the sense of crisis bordering on fear-itself panic -- for enacting his "Big Bang" agenda to federalize and/or socialize health care, education and energy, the commanding heights of post-industrial society.

    Clever politics, but intellectually dishonest to the core. Health, education and energy -- worthy and weighty as they may be -- are not the cause of our financial collapse. And they are not the cure. The fraudulent claim that they are both cause and cure is the rhetorical device by which an ambitious president intends to enact the most radical agenda of social transformation seen in our lifetime.

    "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
    - Alexis de Tocqueville, Democracy in America

    Tell me not, Sweet, I am unkind,
    That from the nunnery
    Of thy chaste breast and quiet mind
    To war and arms I fly.
    - Lovelace

    The opinions expressed by this poster are wholly his own, and should never be construed to even remotely be in representation of his employer, its agencies or assigns. In fact, they probably fail to be in alignment with the opinions of any rational human being.

  2. #2
    lewisipso's Avatar
    lewisipso is offline Injustice/Indifference/In God we trust
    Supporting Member Lvl 3
    Verified LEO
    Super Moderator
    Join Date
    02-02-07
    Location
    Louisiana
    Posts
    14,725
    Rep Power
    6962511
    Americans are beginning to see through the guises of this administration
    I seriously doubt that.
    Do not war for peace. If you must war, war for justice. For without justice there is no peace. -me

    We are who we choose to be.

    R.I.P. Arielle. 08/20/2010-09/16/2012


  3. #3
    Five-0's Avatar
    Five-0 is offline Super Moderator
    Premium Lifetime Member
    Verified LEO
    Super Moderator
    Join Date
    05-15-06
    Posts
    10,982
    Rep Power
    8357019
    I like Charles.

    Meanwhile, fishing in Russia:

    http://www.youtube.com/watch?v=SkzV5AIK8iM
    "When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that justifies it." -- Frederic Bastiat

    "Certainly there is no hunting like the hunting of man and those who have hunted armed men long enough and liked it, never really care for anything else thereafter." Ernest Hemingway

    The opinions given in my signatures & threads DO NOT reflect the opinions, views, policies, and/or procedures of my employing agency. They are my personal opinions only, thereby releasing my agency of any liability, or involvement in anything posted under the username "Five-0" on Officerresource.com

  4. #4
    CT209's Avatar
    CT209 is offline Once..... Forever
    Verified LEO
    Join Date
    09-22-06
    Location
    CT
    Posts
    926
    Rep Power
    974169
    First off, as much as I'd love to blame Obama for all of this, I can't. It takes about 450 people in DC to do this crap. Congress shares equal if not more blame for it.

    But no, I don't think the fans see the spending of Obama and Congress as a problem yet.... but they will. At least those who earn money will.

    Right now, the under $250K crowd isn't balking at much. But they will. The programs are indeed going to require sacrifice. And that sacrifice is going to affect every single one of us who earns money. Any wage earner who can't see the increased taxes aren't going to tickle down to them is being stupid. If you earn money- you're going to pay for it either through raised taxes in the next few years or higher prices passed onto you been those who are paying higher taxes.

    "We're screwed!" That is becoming my standard reply when discussing money these days. Of course if you make no money, you'll come out okay.
    "When a crime is committed, liberals blame society. Conservatives blame the criminal." -Debra Saunders

    Old Scottish Motto- "nemo me impune laccessit". It still holds true today.

  5. #5
    countybear's Avatar
    countybear is offline BDRT - Baby Daddy Removal Team
    Verified LEO
    Super Moderator
    Join Date
    01-18-07
    Location
    Louisiana
    Posts
    6,512
    Rep Power
    4611628
    If you earn money- you're going to pay for it either through raised taxes in the next few years or higher prices passed onto you (by) those who are paying higher taxes.
    Therein lies the denial part of the entire "bottom-up" scheme. Higher minimum wages, higher taxes, higher corporate gains taxes, "cap and trade", C.A.F.E. standards, all government intervention into industry, and dissolution of government contracting, have before, and will always lead to reductions in workforce, reductions in production, (which fosters a further decline in GDP), and when coupled with 'mad money' government spending -- government printing money like Xeroxing campaign flyers -- invariably leads to too much money chasing too few products, which yields real inflation. It doesn't create jobs, it creates only a 'dead cat bounce' in (temporary) government job creation rather than a real employment upturn.

    Carter's folly is being played out on a grand scale this time at the very outset of this President's assumption of office. Wall Street sees it clearly, and is reacting appropriately by 'locking down' for the obvious trouble ahead, which is certainly why the market is tanking.

    But for the few voices crying in the wilderness, Congress is doing no more than rushing to do its master's bidding at the moment, and the real experts; those seeing the horizon, are now the ones warning of "Great Depression 2.0". Now its no longer the Dems who originally painted the "crisis" as election hype, the trouble ahead is now real, when before it was orginally invented to a greater extent.

    "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
    - Alexis de Tocqueville, Democracy in America

    Tell me not, Sweet, I am unkind,
    That from the nunnery
    Of thy chaste breast and quiet mind
    To war and arms I fly.
    - Lovelace

    The opinions expressed by this poster are wholly his own, and should never be construed to even remotely be in representation of his employer, its agencies or assigns. In fact, they probably fail to be in alignment with the opinions of any rational human being.

 

 

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •