Sunday, February 21, 2010

The Kielbasa King - Pork Barrel Sausage mixed in with Baloney

Dennis Kucinich, Ohio Senator (D), has attracted attention for consistently delivering "the strongest liberal" perspective.

On the Sunday Morning Fox News, Dennis Kucinich in one breath says he wants to propose a jobs bill to "create new jobs" and then corrects himself in the next breath by restating "create new openings" for 4 million jobs.

How does one do it you ask?

Easy, by lowering the early retirement age from 62 to 60 on these premises:
  1. This large 60 years old age group will jump at the chance to retire earlier.
  2. They will stay out of the work permanently so younger workers can enter instead.
  3. The Federal government will allow access to their pension plans to encourage retirement.
Just wait until everyone gets a real whiff of the other rotting pork from the Federal Pension Take-Over Plan that is coming down, it changes all bets on the retirement tables - Craps! - You Lose!

Kucinich should stick to doing the Polka or Bowling and eating more Kielbasa sausage in Cleveland and leave all those workers alone.

Beyond Star Wars - Obama, the New Darth Vader

Consider this Astronomical postulation that is so far reaching that it stretches across the entire economic universe to destroy the greatest nation on planet earth:

In the revered heavenly Constellation Obama, which star in his stellar cabinet formed this black hole in the pocketbooks of every American citizen for eternity?

During the State of the Union speech, Obama said to increase retirement savings, he will be requiring all businesses to offer automatic IRA accounts. It is a stealth plan to require to keep 10% of the funds in U.S. Treasuries to bolster the declining demand for our notes due to poor fiscal policies. Put simply, world investors see the U.S. as a risky giant debtor nation getting harder to pay back money loaned to it and Obama can get money instead by taking private taxpayer savings accounts over.

Obama also wants to further confiscate all 401K Plans and IRA Savings to nationalize and Federally manage them. All United States taxpayers will have their private programs turned into a mandated Federally guaranteed annuity plan that will issue monthly checks based upon the federal guidelines set for retirement age and life expectancy actuary tables.

In late 2008, Argentina's leftist government had seemingly found this novel way to find the money to stay afloat: cracking open the piggybank of their nation's private pension system. This nationalization program, so I suspect, is where Obama got the idea to create this brilliant new star. As new rising stars in the galaxies go, exploding super novas expand outward and then violently retract to implode into white dwarf stars and into a black hole. Sound familiar?

That will be the United States economy when the U.S. Federal Government gets its hand on much needed money for its cash strapped coffers in order to cover all of the new debt load. Obama already said he won't raise tax on the middle classes because they will scream bloody murder, so he will confiscate it out of all their savings, an easier way to steal it before they know what happened.

"This new Federal Program will actually work", Obama said, "I find your lack of faith disturbing." (Actually to be fair, that whole quote is one I just made up. But, the last part about "I find your lack of faith disturbing" was what Darth Vader really said in Star Wars. You have to admit that Obama could use that one pretty easily when he announces this new debacle of a boondoggle) LOL!

One could borrow this other script line on what Obama has done so far:

VADER: "I am altering the deal. Pray I don't alter it any further." (I think Obama's Campaign Promises already have, don't you?)

Where is wise old Obi Wan Kenobi when you need him?


FYI: Major Worry

Should you be worried about this latest radical Obama move?

There is an estimated $15 trillion worth of private retirement plans in the United States; $4 trillion in IRAs alone; this constitutes 35% percent of all private assets in America. That is what the leftist controlled, tax-hungry Obama government is eyeing to help plug the multi-trillion dollar deficit in the president’s big spending budget.

Sunday, February 14, 2010

The Indymac Slap in Our Face - Say What?

George Soros. Investor/Owner, BankOne

Warning: To avoid having the feeling of your eyes glazing over and mind going numb because you think that this stuff is way too above your head, IT IS NOT!

Watch the video first and ONLY the first 60 seconds of this 5:37 minute video and you will say to yourself, "I actually DO understand what is happening!" and want to watch the rest. (This is really scary stuff to know)

CLICK ON: http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1111064

A CHALLENGE: I would love to hear your comments after viewing this blog. This will indicate how many of you are really getting what is happening to you or "you are too stupid" to understand as Washington says we all are and they will steal ALL of your tax money.

Now, here is the information behind this blog. It is stuff that Obama and all Washington knows about and thinks you are too stupid to understand:

As the Wall Street Journal reports this morning, in what are called a "loss-share" agreements, buyers of failed banks are getting billions of dollars in government guarantees to snatch up the bank's bad assets. To entice buyers, the Federal Deposit Insurance Corporation is offering to cover around 80 percent of the losses associated with buying a bank. The result, the WSJ points out, is a massive subsidy to the private equity industry, and a huge risk to the American taxpayer.

As bank failures have mounted this year, much has been made of the FDIC's dwindling Deposit Insurance Fund. But, as the WSJ reports, the FDIC's potential risk through loss-share agreements "is about six times the amount remaining in its fund that guarantees consumers' deposits."

Though the WSJ doesn't go so far as to say the enormous guarantees are, in fact, sweetheart deals, it's hard to imagine a better scenario for bank buyers. (Except maybe the FDIC offering to guarantee 100 percent of the total losses associated with buying a failed bank.) "The FDIC, assuming its traditional role, brokered a sale of the bank's deposits to BB&T Co."

Friday, February 12, 2010

"He's a Sorry Excuse" won't even cut it.

You will be very much sorrier voters and you are if you voted Obama. Well my Liberal bloggers, how much do you have to see before you wise up? This socialist non-patriot is now running our country into the toilet with his monetary policies. I am going to sit back and laugh at you all when the United States is bankrupt with all kinds of taxes that this congress passes. You income earners out there, you are hung out to dry and deserve every tax the Federal government can levy. As Forest Gump said, "Stupid is as stupid does." And boy, Forest is right on the money!


The Crotch Salute Returns

I'm sorry folks, but is this the turkey that was elected
President of our country? You know, the United States of
America ? I do believe that saluting the flag goes with that, and
also to honor the servicemen who died, or is he above that? Shower
us all with flowery words and dazzle us with B.S. but actions speak
louder. This is a disgrace........

Later, while speaking at the National Prayer Breakfast, President Obama mispronounced the word "Corpsman" as "corpse-man." I am so impressed with a guy who has had no business experience, military experience or job experience stand up with a straight face and deliver such crap! This is not a third grade classroom speech to the school auditorium, the amateur hour is what this Obama Presidency has become.

Better start ducking under your desks. The Obama Dept of Civil Defense says that the Iranian missile attacks practice drills are now under way!

You have to see the 1950 "Duck & Cover" Civil Defense Public Safety Ad: (4:48 Min)

http://www.youtube.com/watch?v=ixy5FBLnh7o

Wednesday, February 3, 2010

"I do" Obama Health Care Tax



Obamacare's marriage penalty; Democrats tax couples for saying 'I do'



So much is so wrong with Capitol Hill's two versions of government health care that it's hard to focus on yet another poison pill in the bills. Hard, but important. It turns out that in addition to unconstitutional measures, unfair individual mandates, higher taxes, penalties for lifesaving medical devices and a potentially devastating rationing of care, Obamacare also contains several penalties on couples for getting married. Those penalties make government the enemy of both good romance and good finance.

The first sort of marriage penalties affects low- and middle-income couples who would get their insurance without employer assistance but with government subsidies. The penalties accrue through the "caps" on premiums. In the House plan, an unmarried couple living together with each earning $25,000 would pay no more than $3,076 in combined premiums each year. If the same couple got married, their annual cap would skyrocket to $5,160 - a 68 percent punishment just for saying "I do." (The penalty in the Senate bill is slightly lower, at 48 percent.)

What is even worse is that the subsidies are suddenly and completely cut off once somebody reaches 400 percent of the official poverty-level income ($63,360 in 2016). The arithmetic is complicated, but what it means is that two unmarried persons earning $32,000 each ($64,000 total) would pay a maximum combined $5,684 in premiums, but if they got married, they would pay about $15,000. That is an astonishing penalty of 164 percent. It is almost impossible to imagine a policy that could be any more anti-family than that.

Again, that was for middle-income earners receiving government subsidies in lieu of employer tax breaks for insurance. Now consider a high-earning couple. The Senate bill imposes a payroll tax increase on individuals who make more than $200,000. For married couples, though, the tax increase kicks in at $250,000. So, if you live together without matrimony, you can earn up to $400,000 combined without the higher tax - $150,000 more than you can earn together if you are married. At a maximum of $1,350, this marriage penalty through taxation isn't anywhere near as damaging as the $9,316 knockout punch via lost subsidies for the $64,000 couple described above, but it's still nothing to take lightly.

All sorts of other tax increases - and expensive "mandates," "fees" and "penalties," as the legislative lingo puts it - are hidden in both House and Senate versions of Obamacare, making a mockery of President Obama's repeated pledge not to raise taxes on anybody making less than $200,000 a year. The marriage penalties, though, are worse even than those broken promises, because they are counterproductive in terms of both financial policy and social policy. By discouraging traditional marriage, Obamacare would further undermine the single most important building block of stable communities. That's about as unhealthy as policy can get.

Credit: The Washington Times Editorial - January 14, 2010

Nanny nanny boo boo, stick yer head in doo doo!

I was amused when I was told by a dear friend that employees at his workplace would be deeply offended about conservative viewpoints. More amazing is that any voter still thinks Obama is Presidential or his Staff is competent to run the largest economy in the world. The liberals can do no wrong?





As Rahm Emmanuel said so eloquently this week,"Fu*king retarded!"




When liberal Democrats threatened to run ads against moderates party members who were holding out on health care reform, nine-fingered senior Obama adviser and noted sender-of-threatening-dead-fishes Rahm Emmanuel reportedly responded with two words: "Fucking" and "retarded."

On the strategy's merits, Emmanuel, who's known as the White House's resident arm-twister was almost certainly right: Democrats don't currently have the votes to pass health care reform; it's unlikely that stepping up the party infighting would bring those votes into existence. But as a matter of offense, there's a limit to what even a Hill head-knocker like Emmanual is allowed to be quoted saying in the Wall Street Journal. So he apologized... just not to the Democrats; instead, he apologized to the CEO of the Special Olympics, who's running a campaign against the use of the word "retard." Message received, sir: Calling liberals "retarded" is unfair to the disabled.