Obama critizied McCain about freeze on govt spending, now he says ‘Thanks for the idea!’

The freeze would take effect in October and limit the overall budget for agencies other than the military, veterans affairs, homeland security and certain international programs to $447 billion a year for the remainder of Obama’s first term, senior administration officials said Monday, imposing sharp limits on his ability to begin initiatives in education, the environment and other areas of domestic policy.

Although the freeze would shave no more than $15 billion off next year’s budget — barely denting a deficit projected to exceed $1 trillion for the third year in a row — White House officials said it could save significantly more during the next decade. They described the freeze as a critical component of a broader deficit-reduction campaign intended to restore confidence in Obama’s ability to control the excesses of Washington and the most lavish aspirations of his own administration

It is also unlikely to affect the approximately $900 billion health-care bill, which has been on life-support since the Massachusetts vote. In an interview with ABC News on Monday, Obama vowed to press ahead with health care and other first-year agenda items, even it means jeopardizing his reelection chances in 2012.

Late Monday, Republicans mocked the idea of a Democratic spending freeze. “Given Washington Democrats’ unprecedented spending binge, this is like announcing you’re going on a diet after winning a pie-eating contest,” said Michael Steel, spokesman for House Minority Leader John A. Boehner (R-Ohio).

Democrats, meanwhile, are likely to give the freeze a mixed response. Conservatives, including Sen. Evan Bayh (Ind.) and members of the House Blue Dog Coalition, have been calling for a freeze backed by the threat of a presidential veto. But liberals have resisted freezing spending, particularly on social programs, and are likely to call on Obama to extend any freeze to military programs, aides said.

As a candidate, Obama criticized a spending freeze proposed by his GOP opponent, Sen. John McCain of Arizona, comparing it to “using a hatchet to cut the fed budget. I want to use a scalpel.”

I guess that scapel got buried in Wall Street.

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Published in: on January 26, 2010 at 2:23 pm  Comments (1)  
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So how much exactly do we owe? $12,245,872,000,000

And here I was worried about my mortgage and cc debt

WASHINGTON (AP) —

Figures on government spending and debt (last six digits are eliminated). The
government’s fiscal year runs Oct. 1 through Sept. 30.
Total public debt subject to limit Jan. 22 12,245,872
Statutory debt limit 12,394,000
Total public debt outstanding Jan. 22 12,302,465
Operating balance Jan. 22 142,454
Interest fiscal year 2009 383,365
Interest fiscal year 2008 451,154
Deficit fiscal year 2009 1,417,121
Deficit fiscal year 2008 454,798
Receipts fiscal year 2009 2,104,613
Receipts fiscal year 2008 2,523,642
Outlays fiscal year 2009 3,521,734
Outlays fiscal year 2008 2,978,440
Gold assets in September 11,041

Published in: on January 26, 2010 at 8:37 am  Leave a Comment  
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3 White House advisors give 3 different answers on the same subject on the same morning

OH No!!! Looks like some people are not getting the same memo in the white house:

3 different white house advisors gave different answers on the same Sunday morning on 3 different shows in regards to how much the stimulus had saved jobs.

Valerie Jarrett had the most conservative count, saying “the Recovery Act saved thousands and thousands of jobs,” while David Axelrod gave the bill the most credit, saying it has “created more than – or saved more than 2 million jobs.” Press Secretary Robert Gibbs came in between them, saying the plan had “saved or created 1.5 million jobs.”
Their remarks in context:

Axelrod, on CNN’s State of the Union: “But understand that, in this recession that began at the beginning of 2007, we’ve lost 7 million jobs. Now, the Recovery Act the president passed has created more than — or saved more than 2 million jobs. But against 7 million, you know, that — that is — it is cold comfort to those who still are looking.”

Jarrett, on NBC’s Meet the Press: “The Recovery Act saved thousands and thousands of jobs. There are schoolteachers and firemen and— and— teachers all across our country, policemen, who have jobs today because of that recovery act. We’re investing in infrastructure. We’re investing in public education so that our kids can compete going forth into the next— generation.”

Gibbs, on “Fox News Sunday”: “Well, Chris, let’s take for instance the example you just used of the stimulus package. We had four quarters of economic regression in terms of growth, right? Just last quarter, we finally saw the first positive economic job growth in more than a year. Largely as a result of the recovery plan that’s put money back into our economy, that saved or created 1.5 million jobs.”

Obama Administration to outsource NASA.

The White House has decided to begin funding private companies to carry NASA astronauts into space, but the proposal faces major political and budget hurdles, according to people familiar with the matter.

The controversial proposal, expected to be included in the Obama administration’s next budget, would open a new chapter in the U.S. space program. The goal is to set up a multiyear, multi-billion-dollar initiative allowing private firms, including some start-ups, to compete to build and operate spacecraft capable of ferrying U.S. astronauts into orbit—and eventually deeper into the solar system.

Congress is likely to challenge the concept’s safety and may balk at shifting dollars from existing National Aeronautics and Space Administration programs already hurting for funding to the new initiative. The White House’s ultimate commitment to the initiative is murky, according to these people, because the budget isn’t expected to outline a clear, long-term funding plan.

The White House’s NASA budget also envisions stepped-up support for climate-monitoring and environmental projects, along with enhanced international cooperation across both manned and unmanned programs.

On the flip side of that, if you have a spare $250k, I think Virgin will take you up in space for a few hours. Perhaps we should start offering rides like that to get some increased revenue.

Published in: on January 25, 2010 at 8:52 am  Leave a Comment  
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Obama has no business sense?

U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.

The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.

The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll, 32 percent in the U.S. held a positive impression.

Well, Im here to tell you, that perhaps you all have no business sense either, if you could not see what was spewing out of his mouth during the election plus what was on his resume, then you are as mush as a bunch of business idiots as he is.

Carlos Vadillo, a fixed-income analyst at Wells Fargo Securities LLC in San Francisco, said Obama has been in a “constant war” with the banking system, using “fat-cat bankers and other misnomers to describe a business model which supports a large portion of America

Published in: on January 22, 2010 at 11:28 am  Leave a Comment  
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Obama Sings!

Published in: on January 21, 2010 at 2:13 pm  Leave a Comment  
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“Excuse me sir? May I have another 1.9Trillon Dollars?”

Senate Democrats on Wednesday proposed allowing the federal government to borrow an additional $1.9 trillion to pay its bills, a record increase that would permit the national debt to reach $14.3 trillion.

Say waaaatttt?

Is this something you really want to do after what happened in Massachusetts on Tuesday night?

let me put this into perspective for you, less than a decade ago, $1.9 trillion would have been enough to finance the operations and programs of the federal government for an entire year. Now, it’s only enough to make sure Democrats can avoid another vote before Election Day.

Arguing over the debt limit provides a forum for Republicans to blame Democrats for rising deficits and spiraling debt, even though responsibility for the government’s financial straits can be shared by both political parties.

DID YOU HEAR THAT CONGRESS – BOTH PARTIES ARE TO BLAME.

The record increase in the so-called debt limit is required because the budget deficit has spiraled out of control in the wake of a recession that cut tax revenues, the Wall Street bailout, and increased spending by the Democratic-controlled Congress. Last year’s deficit hit a phenomenal $1.4 trillion, and the current year’s deficit promises to be as high or higher.

Congress has never failed to increase the borrowing limit. So I guess we get to wait and see if they do.

Lucky Us!

Published in: on January 21, 2010 at 8:42 am  Comments (2)  
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Obama chats about Brown and what the heck happened in Massachusetts

O-man sits down with George Stephanopoulos (I guess O-man has forgiven him about putting out Obama was actually Taxing us) about what happened in Massachusetts.

Here’s my assessment of not just the vote in Massachusetts, but the mood around the country: the same thing that swept Scott Brown into office swept me into office,” the president said. “People are angry and they are frustrated. Not just because of what’s happened in the last year or two years, but what’s happened over the last eight years.”

See O-man thats where you are wrong, most people are angry about whats been going for the last 100 yrs, 20, 30, 40 yrs when it comes to poltics and politicans, its just now with the internet we have the means to be more vocal.

Obama insisted today that the Senate wait for Brown to be seated before they make any changes to its version of the health care reform legislation.

“Here’s one thing I know and I just want to make sure that this is off the table: The Senate certainly shouldn’t try to jam anything through until Scott Brown is seated,” the president said. “People in Massachusetts spoke. He’s got to be part of that process.”

That might be the most intellecual thing he has said for the past year.

“Nancy, let me in, I’m allowed in the closed doors meetings”

Published in: on January 20, 2010 at 12:57 pm  Comments (1)  
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Great Scott! What’s in his pants? Welcome to the Senate Mr.Centerfold

Unless you have had your head under a rock, you know Scott Brown is the winning candidate for the senate seat of Massachusetts, and in case you really are one of those people that have had their head under a rock, the seat was previously held by Ted Kennedy for 30something yrs who was a Democrat and Scott Brown is a Republican.

Which brings me to my point…

Did the Dems wake up this morning and say “Oh its all Coakley’s fault, lets still move ahead” as one of Obama’s top aides suggested yesterday by saying “Campaigns and candidates matter.” or did they wake up and say “Perhaps we should take a good long hard look at ourselves in the mirror and “change” the way we have been running things?”

Or as White House senior adviser David Axelrod told POLITICO: “I think that it would a terrible mistake to walk away now. If we don’t pass the bill, all we have is the stigma of a caricature that was put on it. That would be the worst result for everybody who has supported this bill.” He said the administration will work with Capitol Hill to figure out how and even Obama’s former campaign manger, David Plouffe, added on ABC’s “Good Morning America”: “I’m very confident we can pass health-care reform.”

But on the flip side of all of this, why the Republicans are basking in the glory (Holy crap we have someone on our side that has charisma, is young and can make jokes), do they understand that perhaps Scott Brown was elected because he is not a true Republican, in fact he began the race as an independent and then switched to a republican ticket and that most Republicans don’t want someone who is ‘conservative’, but someone who is fiscally conservative and socially liberal….as I’m sure most Democrats do as well. I think the election results considering Obama took the state by 26 points shows that people care really more about the Libertarian, not the Republican or the Democrat.

But the question is: Will either side see it or continue to run the same way as they both have been for years?

Why you ponder this question, Ladies enjoy the pic below.

Welcome to the Senate Mr Centerfold

Elmer Fudd, I mean Barney Frank calls for changing the rules of the Senate.

Oh Barney!!!

Barney gave this interview only a couple of days ago.

Open Mouth, Insert Foot


Click Here

‘God did’nt create the fillibuster’

Published in: on January 19, 2010 at 12:27 pm  Leave a Comment  
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