Da Whiny Lyin' Prick's biggest lie yet
Dionysus
HEAD: The BIGGEST LIE Yet
"It is natural to man to indulge in the illusions of hope. We are apt to
shut our eyes against a painful truth -- and listen to the song of that
siren, till she transforms us into beasts. ... For my part, whatever anguish
of spirit it might cost, I am willing to know the whole truth; to know the
worst, and to provide for it." --Patrick Henry
Sometimes the biggest lies come under cover of a truth.
Such was the case this week, when Barack Hussein Obama proffered this
observation about deficits: "I think it is important, though, to recognize
if we keep on adding to the debt, even in the midst of this recovery, that
at some point, people could lose confidence in the U.S. economy in a way
that could actually lead to a double-dip recession."
"Keep on adding to the debt"? From this, one might conclude that Obama has
never suggested such a thing, and is truly concerned about deficits.
His revelation came amid discussion of tax reductions engineered to increase
employment, as if our Constitution has a provision for that, anymore than
for Obama's other proposals.
Obama is feigning concern about deficits now that there is discussion of tax
cuts, which he concludes would increase deficits.
"At some point, people could lose confidence in the U.S. economy"? Like the
Red Chinese, who hold more U.S. government debt than any other nation ($800
billion), and upon whom we are depending to fund more of our debt. No
coincidence that Obama's remarks were made while on his most recent
appeasement tour in Beijing.
"Even in the midst of this recovery"? What recovery?
Oh, the one that his $787 billion "hope-n-change" big-government payout
package was supposed to ensure?
At the time of that proposal, the nonpartisan Congressional Budget Office
offered this summary: "In the longer run, the [Obama] legislation would
result in a slight decrease in gross domestic product compared with CBO's
baseline economic forecast." Put another way, the CBO static scoring
projected that Obama's big government pork giveaway would hinder economic
recovery. Dynamic scoring by economists shows a much worse destiny.
But Obama warned, "If nothing is done, this recession might linger for
years. Unemployment will approach double digits. Our nation will sink deeper
into a crisis that, at some point, we may not be able to reverse."
Now, after a quick assessment of the Obama Recovery through October, one is
stuck with the conclusion that his spending spree has resulted in 10.2
percent unemployment -- except, of course, in such places as Washington, DC,
where government jobs are immune to recession.
That would be double-digit unemployment -- so now you know why Obama
cleverly framed his recovery program in terms of jobs "created or saved."
His administration announced that through October, the American Recovery Act
had "created" or "saved" 640,329 jobs. However, a growing number of
skeptics, even among his once-adoring media, found some very questionable
accounting methods used to come up with that figure.
Asked about some of the discrepancies, Obama's Recovery Czar, Ed Pound,
responded, "Who knows, man, who really knows?"
Recovery reality check: Remember when Obama claimed, "This is our moment,
this is our time to turn the page on the policies of the past, to offer a
new direction"?
That is a reference to Obama's v Reagan's policies, big government solutions
v. free enterprise solutions.
Ronald Reagan's economic policies unleashed an unprecedented period of
growth, which continued right up until the financial sector collapse in '08,
a calamity resulting from policies implemented during the Clinton years,
which undermined the values of derivatives used as collateral due. Those
policies, as we now know, gave license for Fannie Mae and Freddie Mac to
back high-risk loans to unqualified buyers, thereby setting the stage for
the subprime mortgage meltdown and the crash of 2008.
Recall that in 2005, Sen. John McCain sponsored the Federal Housing
Enterprise Regulatory Reform Act, saying, "For years I have been concerned
about the regulatory structure that governs Fannie Mae and Freddie Mac ...
and the sheer magnitude of these companies and the role they play in the
housing market. ... If Congress does not act, American taxpayers will
continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac
pose to the housing market, the overall financial system, and the economy as
a whole."
McCain noted that Fannie Mae and Freddie Mac regulators concluded that
profits were "illusions deliberately and systematically created by the
company's senior management."
McCain was right, but Democrats, including Barney Frank, chairman of the
House Financial Services Committee, ensured that nothing would be done to
alter current practices at Fannie and Freddie. "These two entities ... are
not facing any kind of financial crisis," Frank said at the time.
The net result of the derivative dilution was a crisis of confidence in the
U.S. economy, second only to that which led to the Great Depression.
Remember when Obama claimed, "We are fundamentally transforming the United
States of America"? Well, we're in mid-transformation, and how are things
looking now?
Obama also said, "Generations from now, we will be able to look back and
tell our children that this was our time."
Indeed, his time to saddle them and their children with unprecedented debt,
not only from his "stimulus" folly, but next up, ObamaCare, and then his
job-killing cap-and-tax scheme.
If you think you can count on the administration's estimates of the true
cost of ObamaCare, think again. The Washington Times recently reminded us of
the estimated cost of Medicare shortly after Democrats implemented it in
1965. Then, it was predicted to cost $12 billion by 1990. In actuality, it
cost $98 billion, which is to say the original estimate was short by more
than a factor of seven.
In my home state of Tennessee, we've already been there and done that. Our
state's version of ObamaCare, known as TennCare, implemented by Democrats in
1994 ostensibly to contain healthcare expenses, has quickly grown to consume
more than a third of state revenues.
The CBO now says that the $1 trillion estimated cost of ObamaCare is
"subject to substantial uncertainty." How's that for qualifying
understatement?
As for the big picture, U.S. National Debt topped the $12 trillion mark this
week, or approximately $39,000 for every man, woman and child in America,
and the federal deficit that Obama now pretends to be concerned about hit a
record high $1.42 trillion for fiscal year 2009.
Obama's administration projects that the national debt will top $14 trillion
by this time next year, and my sense is that they're being modest. At the
current pace, within 10 years our national debt will exceed our Gross
Domestic Product.
Of these staggering debt figures, Obama now claims, "I intend to take
serious steps to reduce America's long-term deficit because debt-driven
growth cannot fuel America's long-term prosperity."
But, what's his real endgame?
We can be certain that Obama's solution to deficits will not be less
government. Instead, it will be unprecedented tax increases, a.k.a.,
socialist redistribution of wealth, a.k.a., "the fundamental transformation
of America."
The Tax Foundation now estimates that to offset deficits, "Federal income
tax rates would have to be nearly tripled across the income spectrum," with
the lowest bracket at 27 percent and the highest at 95. Even the CBO
estimates that rates would have to exceed 80 percent, and that's before
state and local taxes.
Do you get the picture, folks?
Obama will succeed in his effort to socialize the U.S. economy, using the
tax code as his hammer and sickle, unless growing ranks of Americans object
to the fact that he has no constitutional authority to do so.
In the meantime, Patriots, keep your powder dry.
Semper Vigilo, Fortis, Paratus et Fidelis!
*****************
The young people here need to read that again: "Obama also said,
'Generations from now, we will be able to look back and tell our children
that this was our time.' Indeed, his time to saddle them and their children
with unprecedented debt, not only from his "stimulus" folly, but next up,
ObamaCare, and then his job-killing cap-and-tax scheme."
"MMM...MMM...MMM, BARACK HUSSEIN OBAMA, MMM...MMM...MMM" --Young, innocent,
brainwashed grade school children in New Jersey
"Everybody in Washington gets all wee-weed up.� --Da Whiny Lyin' Prick
"Fear of the law is the beginning of wisdom" --French proverb
"The American people are now suspicious of not only the lawmakers, but the
process they hide behind to do their work,"--Michael Franc, president of
government relations/The Heritage Foundation
No surrender!
Dionysus
Lamont Cranston
What did you lie about this time, Denis?
hal
<no.sur...@never.net> wrote:
>FROM THE PATRIOT POST
>
>HEAD: The BIGGEST LIE Yet
>
>"It is natural to man to indulge in the illusions of hope. We are apt to
>shut our eyes against a painful truth -- and listen to the song of that
>siren, till she transforms us into beasts. ... For my part, whatever anguish
>of spirit it might cost, I am willing to know the whole truth; to know the
>worst, and to provide for it." --Patrick Henry
>
>
>Sometimes the biggest lies come under cover of a truth.
>
>Such was the case this week, when Barack Hussein Obama proffered this
>observation about deficits: "I think it is important, though, to recognize
>if we keep on adding to the debt, even in the midst of this recovery, that
>at some point, people could lose confidence in the U.S. economy in a way
>that could actually lead to a double-dip recession."
>
>"Keep on adding to the debt"? From this, one might conclude that Obama has
>never suggested such a thing, and is truly concerned about deficits.
He does. He has already submitted plans for a balanced budget, but as
all his economic advisors (the best in the world) tell him, he has
already explained that during a severe recession is the worst possible
time to try to cut the budget. If he tried to do that now the crash
would be much much worse. So pay attention and you might learn the
truth. But you don't really want to know the truth do you?
Dionysus
"Dennis M" <denn...@dennism3.invalid> wrote in message
news:dennism3-ya0240800...@news.datemas.de...
> In article <he4dfm$jd9$1...@news.datemas.de>, "Lamont Cranston"
> <Lamont....@Shadow.com> wrote:
>
>>Dumbfuck Lyin' Denis wrote:
>>
>>What did you lie about this time, Denis?
>
> astronomy posts.
*********
Ah, Dennis, you give the name Dennis a bad name. Show us the lie, and also
expand your mind from that oh so small universe you inhabit.
No Surrender!
Dionysus (etymological root of Dennis)
Dionysus
"hal" wrote in message news:4b05c5bc...@news.newsguy.com...
Ah, Hal ("I'm feeling much better, I really am") you do bring entertainment
to these proceedings...right from a Keynesian Klown Alley. You can have all
the Keynesian fright wigs and big floppy shoes to go along with your big red
nose. I'll take the academy environment of Hayek, Von Mises, Rand, Sowell,
the Friedmans, Feldstein, Williams, Rothbard, Kristol, Carter, and Thomas
Jefferson.
No Surrender!
Dionysus
Lisa Lisa
>
> "Fear of the law is the beginning of wisdom" --French proverb
>
> "The American people are now suspicious of not only the lawmakers, but the
> process they hide behind to do their work,"--Michael Franc, president of
> government relations/The Heritage Foundation
>
> No surrender!
>
> Dionysus
People like you are why the US is going to go down the chute like 17th-
century Spain.
Those who don't learn from the mistakes of their predecessors are
doomed to repeat them.
Thanks, Mr. Santayana. You're so right.
Lisa
Dionysus
"Lisa Lisa" <harryh...@yahoo.com> wrote in message
news:50da8895-7b86-41cc...@r5g2000yqb.googlegroups.com...
>
> "Fear of the law is the beginning of wisdom" --French proverb
>
> "The American people are now suspicious of not only the lawmakers, but the
> process they hide behind to do their work,"--Michael Franc, president of
> government relations/The Heritage Foundation
>
> No surrender!
>
> Dionysus
People like you are why the US is going to go down the chute like 17th-
century Spain.
Those who don't learn from the mistakes of their predecessors are
doomed to repeat them.
Thanks, Mr. Santayana. You're so right.
Lisa
***********
People like me? Please explain.
Dionysus
AnAmericanCitizen
What's really ludicrous is that as he comments over the negatives of adding to the
national debt he is pushing congress to approve a huge government health care program
that we can't afford with cap and trade legislation waiting in the wings....AAC
On Thu, 19 Nov 2009 15:30:19 -0500, "Dionysus" <no.sur...@never.net> wrote:
>"Everybody in Washington gets all wee-weed up.� --Da Whiny Lyin' Prick
Morton Davis
"Dionysus" <no.sur...@never.net> wrote in message
news:j4idnVTqn6ARQpvW...@giganews.com...
>>
>> "Fear of the law is the beginning of wisdom" --French proverb
>>
>> "The American people are now suspicious of not only the lawmakers, but
>> the
>> process they hide behind to do their work,"--Michael Franc, president of
>> government relations/The Heritage Foundation
>>
>> No surrender!
>>
>> Dionysus
>
> People like you are why the US is going to go down the chute like 17th-
> century Spain.
>
>
Tim Crowley
> "Lisa Lisa" <harryharr...@yahoo.com> wrote in message
>
> > "Fear of the law is the beginning of wisdom" --French proverb
>
> > "The American people are now suspicious of not only the lawmakers, but the
> > process they hide behind to do their work,"--Michael Franc, president of
> > government relations/The Heritage Foundation
>
> > No surrender!
>
> > Dionysus
>
> People like you are why the US is going to go down the chute like 17th-
> century Spain.
>
> Those who don't learn from the mistakes of their predecessors are
> doomed to repeat them.
>
> Thanks, Mr. Santayana. You're so right.
>
> Lisa
> ***********
> People like me? Please explain.
>
> Dionysus
Woooosh.
Michael Coburn
> What's really ludicrous is that as he comments over the negatives of
> adding to the national debt he is pushing congress to approve a huge
> government health care program that we can't afford with cap and trade
> legislation waiting in the wings....AAC
The CBO, which received glowing reviews from the rightarded when they
announced that the original House plan would increase the deficit, now
projects a reduction in the deficit in the event of reform legislation.
"Not a problem", say the rightarded. "We will just lie as we always do".
--
"Those are my opinions and you can't have em" -- Bart Simpson
Michael Coburn
> "Dionysus" <no.sur...@never.net> wrote in message
> news:j4idnVTqn6ARQpvW...@giganews.com...
>>
>> "Lisa Lisa" <harryh...@yahoo.com> wrote in message
>> news:50da8895-7b86-41cc-
b5c6-3cb...@r5g2000yqb.googlegroups.com...
He "worships" lying. To him an all Republicans. lying is a mark of
leadership. Just create fake lies. That's the _REAL_ mark of the
accomplished fascist.
http://www.fordham.edu/halsall/mod/mussolini-fascism.html