2012, Will we make until then?

Over the course of the last year or so, longer if I'm being honest, I've had an increasing sense of foreboding slowly working its way over me. It's an overwhelming feeling of impending doom that I've been unable to shake and that has become progressively worse ever since I heard Barry's state of the union address. From day one, nothing that I have heard come out of the mouth of this guy instills one ounce of confidence in me that his motives are anything other than highly dubious and very suspicious. He continues to work ever so diligently toward the creating of new and inventive methods that allow for the furthering of his personal quest. A quest to energetically bring about an increasing number of opportunities that will in the end allow the government to tighten its grip over my, and everybody else's, life.
Barry has now sent to Congress an outrageous $3.83 trillion budget for 2011 which he claims is intended to pour much needed money into his fight against high unemployment, will boost taxes on the wealthy and, he says, "freezes" spending on many government programs. If this abomination is accepted as is, the deficit created for this year alone will surge to a mind numbing $1.56 trillion, easily eclipsing last year's record busting $1.41 trillion gap. And I have to ask, what’s the point? The fact of the matter is that the deficit “will” remain above the $1 trillion mark in 2011 even though Barry’s has proposed a three-year budget "freeze" supposedly effecting a variety of programs that fall outside of the military and homeland security. Barry’s planned tax increases for energy producers and families making more than $250,000, will, in fact, come to effect many who earn far less than that amount. The Barry administration projects, through the utilization of some uniquely fuzzy math, that these tax increases will raise $678 billion over the next decade. Most agree that that is a very optimistic assumption on the part of Barry and one that is based on nothing more than just a little wishful thinking. In other words, it ain’t gonna happen folks. It’s a LIE! The new Barry budget will also include a proposal to levy a fee on all those evil banks to raise an estimated $90 billion to recover losses from the government's $700 billion financial rescue fund. There’s just one thing, those losses aren’t expected to come from the bank bailouts but from the support extended to General Motors and Chrysler and insurance giant American International Group as well as help provided to homeowners struggling to avoid foreclosures.
Continuing with his rhetoric first spewed in his rambling State of the Union regarding his seriousness in making job creation his top priority, Barry has included $100 billion in his budget for jobs. He says that it is a plan to provide $5000 tax breaks to businesses for each new worker hired and will therefore encourage those businesses to boost hiring. Oh really? I find it pretty hard to believe that when you consider the amount of money that is required to higher a new employee, between wages and benefits, that a measly $5000 is going to mean very much. Barry claims that his jobs measure will also create more "shovel ready" government spending on infrastructure and energy projects. But realistically speaking, how long will those jobs last? Barry’s supposed job proposals would push government spending in 2010 to an incredible $3.72 trillion, that’s up a whopping 5.7 percent from last year. Barry’s blueprint for continuing our financial Armageddon continues into the 2011 budget year goes even farther and will increase spending further to $3.83 trillion, 3 percent higher than projected for this year. And still he continues to feel the need to blame Bush for exorbitant deficits? "Having steered the economy back from the brink of a depression, the administration is committed to moving the nation from a recession to recovery by sparking job creation to get millions of Americans back to work," the administration said in a statement accompanying its budget. What a bunch of BS. Ask any sane economist if this is how anyone with even an ounce of understanding regarding economic policies would go about trying to "steer the economy back from the brink of a depression" and they'll laugh right in your face and offer no apologies for doing so. The intent here by Barry and the Democrats is not to fix the economy, but to drive it as deeply and as quickly as possible into the nearest ditch.
Barry has now called on Congress to expedite action on his budget in order to speed relief to those millions who have been left unemployed thus far by what he is continuing to call the worst recession since the 1930s. However, that description is nothing if not an unmitigated lie that he has continued to spend a great deal of his time perpetuating. But its one that can very easily be discredited by looking back no further than the abysmal Carter presidency with its double digit inflation, interest rates and unemployment. And what brought us back from the brink brought about by Carter? The Reagan tax cuts, that's what! Certainly not the rampant, out of control government spending as is being done now. It is an economic impossibility to spend oneself out of a recession and Barry's methods clearly reveal that he has no intention of trying to cure our present economic woes, only his determination to make them worse. After a year long protracted and continuing battle on supposed health care “reform”, that was and very much remains so, an extreme waste of time, was nothing more than just one more example coming from this administration’s misplaced priorities. It was time spent on nothing more than an effort designed to accomplish that which Democrats have been salivating over since FDR, the governmental takeover of our entire healthcare system. It was a battle that literally consumed Barry’s first year in office and has revealed the length to which the Democrats will go, even though it may lead to a string of Democratic election defeats, and still remain undeterred. Now, the administration hopes that it can use this new budget and talk of deficit reduction as a misdirection play in an act that is nothing more than an attempt to deceive and distract the American people. It is an attempt to fool them into thinking that Barry has dropped his attempt to seize our healthcare and is now, instead, focused on “fixing” our economy. But it is all nothing more than a smokescreen employed to disguise efforts to still pass the Democrats’ highly sought after power-grab, and to finally complete their attempt to seize control of our healthcare system by the government. As evidence that he has not yet given up on his endeavor, Barry's latest budget continues with recommendations for “reform” of the nation's health care system. Barry has not been deterred in the least for achieving this goal even though prospects for passage of a final bill have darkened some, given the loss of a Democratic Senate seat in Massachusetts in a recent special election. Thankfully, the loss of that very critical Senate seat has deprived Barry and his party of the votes needed to break a Republican filibuster. But it hasn’t stopped them from trying. So says Presidential propagandist, Robert "THE MORON" Gibbs, who insisted Sunday on CNN's "State of the Union" that the push for healthcare “reform” is "still inside the 5-yard line" but Senate Republican leader Mitch Mcconnell, who I refuse to have much faith in these days, said with a public that is overwhelmingly against the bill and the administration should just "put it on the shelf, go back and start over." Also included in Barry’s budget is a projected gain of $640 billion in revenue from Cap and Trade legislation that is yet to be passed.
With Barry enthusiastically forcing us on our current direction, the question remains, will America last until 2012, or worse still, or even to November of this year for that matter? Each and every day I read about, hear about or see on television one more example of how it is that Barry "Almighty" is driving us just a little farther into the ditch than we were the day before. I can’t figure out whether his behavior is born out of recklessness, stupidity, naïveté, his socialist beliefs, or what? And along the way Barry seems to be perfectly comfortable, and quite determined, to disguise his efforts by placing as much blame as possible for what he has been “forced” to do, onto Bush. IT’S BUSH’S FAULT! But in this case, truth is stranger than the fiction that Barry is busy propagating. Because you see, in the 12 years that the Republicans were in control of Congress the average deficit was around 400 billion dollars per year. Granted that's not good but it pales in comparison to 1.1 trillion-dollar average over the last 3 years of the Democrats being in control of Congress. Barry is now busy talking about our present huge deficits as if he has had absolutely nothing to do with creating them. As most of us know, that’s a claim that’s very easy to disprove. As part of his propaganda he has put out some pretty ridiculous rhetoric regarding his highly touted "spending freeze" as being a useful tool for deficit reduction in a bow to worries regarding soaring deficits that he himself is responsible for creating. There are just a few little things wrong with notion however. This mythical freeze that Barry likes to talk so much about lately, is nothing more than a sham, because it effects only 1/8 of the total budget, and then only in areas where funding has already been jacked up to astronomical amounts. So the whole thing is nothing more than just one more attempt to deceive the American people, to con them into believing that he is working to lower the budget deficit. That same deficit he himself, and not Bush, has been instrumental in not only in creating but working to take to all new levels. If you can believe Barry’s rhetoric, $250 billion over the next decade will be “saved” by following the spending freeze with caps that would keep increases after 2013 from rising faster than inflation. Right! And every time I hear him talk about reducing the deficit I want to scream. He's the one who is responsible for ballooning the deficit to nearly Biblical proportions and all he can continue to do is to blame Bush. Granted, there were numerous issues where I was not in agreement with Bush and I could be wrong here, but a contributing factor to the Bush deficit, other than that stupid prescription drug plan, was the War on Terror. Barry has taken spending to a whole new level and what has he gotten in return, 10.2 percent unemployment, 17 percent in real numbers, foreclosures happening at the speed of light, bank closures happening nearly as fast and list goes on! Is he a moron, or is his goal the bringing about of the complete financial collapse of this country? Does he want to be the leader of a Third World country so badly that he's out to turn us into one? Our government, I think it safe to say, is now quite literally out of control. Anyone with any amount of sanity has left the building. Our nation's capital is now literally chalk full of crooks who care very little for both their country as well as those who comprise its population. And our president is no better than the worst of those who comprise our government's legislative branch. It would seem that most have lost all sense of why it is they were elected to their current positions. They feel that they should not be held to account for any of their behavior no matter how corrupt or dishonest it may be. They have come to rely on the notoriously short memory of the electorate to the point where they now think they can anything they wish and while remaining able to escape any retribution whatsoever. Well my friends, we have reached that point in time where retribution must now be enthusiastically administered to all those who refuse to listen to we the people.

Courtesy of Reuters—“The Obama administration's plan to cut more than $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for middle-class families. In the 2010 budget tabled by President Barack Obama on Monday, the White House wants to let billions of dollars in tax breaks expire by the end of the year -- effectively a tax hike by stealth. While the administration is focusing its proposal on eliminating tax breaks for individuals who earn $250,000 a year or more, middle-class families will face a slew of these backdoor increases. The targeted tax provisions were enacted under the Bush administration's Economic Growth and Tax Relief Reconciliation Act of 2001. Among other things, the law lowered individual tax rates, slashed taxes on capital gains and dividends, and steadily scaled back the estate tax to zero in 2010. If the provisions are allowed to expire on December 31, the top-tier personal income tax rate will rise to 39.6 percent from 35 percent. But lower-income families will pay more as well: the 25 percent tax bracket will revert back to 28 percent; the 2percent bracket will increase to 31 percent; and the 33 percent bracket will increase to 36 percent. The special 10 percent bracket is eliminated. Investors will pay more on their earnings next year as well, with the tax on dividends jumping to 39.6 percent from 15 percent and the capital-gains tax increasing to 20 percent from 15 percent. The estate tax is eliminated this year, but it will return in 2011 -- though there has been talk about reinstating the death tax sooner. Millions of middle-class households already may be facing higher taxes in 2010 because Congress has failed to extend tax breaks that expired on January 1, most notably a "patch" that limited the impact of the alternative minimum tax. The AMT, initially designed to prevent the very rich from avoiding income taxes, was never indexed for inflation. Now the tax is affecting millions of middle-income households, but lawmakers have been reluctant to repeal it because it has become a key source of revenue. Without annual legislation to renew the patch this year, the AMT could affect an estimated 25 million taxpayers with incomes as low as $33,750 (or $45,000 for joint filers). Even if the patch is extended to last year's levels, the tax will hit American families that can hardly be considered wealthy -- the AMT exemption for 2009 was $46,700 for singles and $70,950 for married couples filing jointly.
Middle-class families also will find fewer tax breaks available to them in 2010 if other popular tax provisions are allowed to expire. Among them:
 Taxpayers who itemize will lose the option to deduct state sales-tax payments instead of state and local income taxes;
 The $250 teacher tax credit for classroom supplies;
 The tax deduction for up to $4,000 of college tuition and expenses;
 Individuals who don't itemize will no longer be able to increase their standard deduction by up to $1,000 for property taxes paid;
 The first $2,400 of unemployment benefits are taxable, in 2009 that amount was tax-free.”

One last little thing worth noting can found on page 9 of Barry’s budget proposal, where we find that, interestingly enough, the White House is now admitting this factoid. It’s official, if you are still unemployed, it is by government design.

Here’s what Barry writes,
“All told, as of the end of November 2009, about 50 percent of Recovery Act funds—or $395 billion—has been either obligated or is providing assistance directly to Americans in the form of tax relief. By design, the bulk of the remaining 50 percent of Recovery Act funds will be deployed in the coming months of 2010 and during the beginning of 2011 to support additional job creation when our economy continues to need a boost. Many of the programs slated to receive additional funding in the near future are those with significant promise of job creation. These include more than $7 billion in broadband expansion, approximately $8 billion in funds to lay the foundation for a high-speed rail network, and continued funding for other transportation projects. All told, the Recovery Act is on track to meet the goal of disbursing 70 percent of its funds in the first 18 months of its life.”
So says our Supreme Leader, Barry “Almighty”. Hey, how’s that “Hope and Change” workin for ya?