Quote of the Day
A compliment is a gift, not to be thrown away carelessly, unless you want to hurt the giver.
Eleanor Hamilton
Barack "Crybaby" Obama: AWOL on Leadership
Grow up, Mr. "President". You no longer deserve respect. I've losing patience with the pathetic Demagogue in Chief. It's bad enough this loser doesn't have the balls to take responsibility for a single substantive thing. He views things like minimal reforms for things like Medicare with vast unfunded liabilities as a Democratic "concession" as a quid pro quo to demand class warfare tax hikes. It's not only his intellectual dishonesty in dealing with overspending he is directly responsible for now, but he thinks the American people are too stupid to understand that he wants tax hikes TODAY by making concessions that take place in the FUTURE and are purely ILLUSORY and UNREALISTIC in nature. Things like long-overdue actuarial changes for stretching out eligibility ages occur in the future. That's totally irresponsible by any objective measure. People are living longer TODAY and think they have "earned" windfall benefit eligibility even though with long lifespans, current retirees collecting far more benefits than paid into the system. This is inherently an existing Ponzi scheme. I'm criticizing Paul Ryan for not facing reality and demanding changes TODAY because we are headed towards a Greece-like debacle earlier than later such as Moody's put the US government on downgrade watch. As for IQ-challenged, delusional partisans like Nancy Pelosi in a total state of denial over $50T in unfunded entitlement liabilities, Democrats have proven themselves of being unworthy of the support of sane American voters. Even take the fantasy/delusional financing of Medicare and Medicaid: Democratic answers to these problems is to "save" money by imposing price controls over products and services BELOW their legitimate costs. That simply is not a viable business model. So when the Democrats passed last year's Healthcare Ponzi Scheme, by double-counting savings to fund ObamaCare and and address Medicare resources, there was no thought given to the fact that the future price cuts are unrealistic given the fact that most government providers are already being reimbursed below cost.
Let me boil down what's happening to make it clearer to my readers: what you have is Democratic partisans engaging in intentional deception of the American people by pretending to engage fiscal reform and responsibility. Where is the money to keep their promises? Federal revenues are stagnant; adding to job creator tax burden will likely suppress revenues, not grow them. I am not aware of any serious Democratic initiative to reduce costs anywhere--the only things Democrats try to cut are budget increases. You don't hear ANY kind of sacrifice of the large majority of present and future participants in entitlement programs.
If Democrats want to engage in talk of revenue enhancements, over and beyond simplifying tax policy, when are they going to talk to a fairer, more distributed cost sharing, like a national sales tax, given the fact that this country's tax policy is already too progressive and prefers consumption over savings and investment?
All of this exactly reflects what we should expect from the "cerebral" President whom let his super-majority Congress last term pass purely partisan legislation including the stimulus, healthcare, and financial "reform" measures. He basically walks out on the House Majority Leader pushing for a short-term deal for what reason? What kind of idiot thinks that this President is recognizing the political facts of life: in the last Congress, Obama knowingly and deliberately poisoned the well. The GOP majority in the House has absolutely no incentive to work with this guy. He hoodwinked them earlier this year by making trivial budgetary concessions earlier, and this "genius" thinks that the GOP will fall for the same smoke-and-mirrors game a second time. You reap what you sow, guy. Fool me once, shame on you; fool me twice...
I suggested considering in yesterday's post the McConnell legislation which is essentially aimed at giving President Obama, Reid and their fellow Democratic hacks all the political rope they need to hang themselves. I think in part it's because McConnell is concerned that Republicans will get blamed with a default.
After Obama decided to throw today's temper tantrum, I don't believe that McConnell's plan is a viable option. The House should pass a single short-term limit increase with a package of cuts. PERIOD. Take it or leave it. Force the Senate to vote it down and/or the President to veto it, and make it clear if and when the President vetoes it, the next bill will double the cuts and shrink the debt increase. As for political blame: all the House has to do is pass a bill. If and when the Senate and/or President reject the package and we default, who do you think is going to get blamed? The House which passed a bill or the Senate or President which didn't? Time to eat your peas, President Loser.
Musical Interlude: My Favorite Groups
ELO, "Turn to Stone"
