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Showing posts with label crisis. Show all posts
Showing posts with label crisis. Show all posts
Wednesday, August 26, 2009
The ONE Thing Edward Kennedy Got Right.
"The problems of our economy have occurred not as an outgrowth of laissez-faire, unbridled competition. They have occurred under the guidance of federal agencies, and under the umbrella of federal regulations."
Monday, May 18, 2009
Rahm's Next Big Crisis
We have been treated to a litany of fake crises over the years by our Demofascist Leadership. Who can forget the images of Jimmy Carter in his argyle sweater ushering us through the 72-degree thermostat crisis, or the more recent bullying crisis, or whatever crisis it was to which Rahm Emanuel responded with this laugher: "You never want a serious crisis to go to waste. What I mean is it's an opportunity to do things you could not do before."
And who can argue with DemoRats' exceedingly fine responses to the various crises our nation has faced? From midnight basketball to the present administration's how-can-I-be-out-of-money-when-I-still-have-checks-left? concept of "fiscal responsibility," Democrats have shown themselves models of courage and competency for at least 30 years (coughcoughcough).
Of course, all of this posing over, and conjuring up of, fake crises seems to have desensitized Modern Progressives to real crises that may be looming on the horizon. Like, oh, say terrorism or Social Security.
In a recent blog entry on the Congressional Budget Director's official blog, the nonpartisan director informed the country that cost of living adjustments for 2010 seem unlikely for Social Security recipients (that will go over well at AARP, don't you think?) and that, based on current economic forecasts, the Social Security surplus will decline to a mere $3 billion in FY 2010.
Now, admittedly, $3 billion sounds like an adequate cushion if you are worried about your 16-year old's prom dress, car insurance, and summer camp.
But there are a couple of factoids that you ought to keep in mind about these projections.
1) The Social Security surplus dipped into the red in February of FY 2009.
2) The current projection of a $3 billion surplus assumes a moderate recovery consequent to Obama's "stimulizing" (I made that up - don't use it!) the economy.
3) That the Social Security Administration's coffers have already experienced an unexpected decline of $1.2 trillion, this figure is quoted by the CBO director himself, based on the recession that arguably started in mid-2008.
It doesn't take much to see that if you do not accept the Obamazombies' Rosy Scenario about the effect of the stimulus package, a similar dip of inflows into Social Security - in the trillions, not billions - is likely, just as happened in February.
Even under the Rosiest of Scenarios, the CBO director is forecasting a Social Security deficit in 2017 - potentially an Obama presidential year. And if The One continues to spend through his administration has he has done in the first 100 days, there will certainly be no hope of spending through that almost assured 2017 deficit in Social Security.
Of course, we hear nothing of this impending wreckage. After all, we have real crises of cyberbullying, sexting, global warming, and Obama Care to worry about.
And who can argue with DemoRats' exceedingly fine responses to the various crises our nation has faced? From midnight basketball to the present administration's how-can-I-be-out-of-money-when-I-still-have-checks-left? concept of "fiscal responsibility," Democrats have shown themselves models of courage and competency for at least 30 years (coughcoughcough).
Of course, all of this posing over, and conjuring up of, fake crises seems to have desensitized Modern Progressives to real crises that may be looming on the horizon. Like, oh, say terrorism or Social Security.
In a recent blog entry on the Congressional Budget Director's official blog, the nonpartisan director informed the country that cost of living adjustments for 2010 seem unlikely for Social Security recipients (that will go over well at AARP, don't you think?) and that, based on current economic forecasts, the Social Security surplus will decline to a mere $3 billion in FY 2010.
Now, admittedly, $3 billion sounds like an adequate cushion if you are worried about your 16-year old's prom dress, car insurance, and summer camp.
But there are a couple of factoids that you ought to keep in mind about these projections.
1) The Social Security surplus dipped into the red in February of FY 2009.
2) The current projection of a $3 billion surplus assumes a moderate recovery consequent to Obama's "stimulizing" (I made that up - don't use it!) the economy.
3) That the Social Security Administration's coffers have already experienced an unexpected decline of $1.2 trillion, this figure is quoted by the CBO director himself, based on the recession that arguably started in mid-2008.
It doesn't take much to see that if you do not accept the Obamazombies' Rosy Scenario about the effect of the stimulus package, a similar dip of inflows into Social Security - in the trillions, not billions - is likely, just as happened in February.
Even under the Rosiest of Scenarios, the CBO director is forecasting a Social Security deficit in 2017 - potentially an Obama presidential year. And if The One continues to spend through his administration has he has done in the first 100 days, there will certainly be no hope of spending through that almost assured 2017 deficit in Social Security.
Of course, we hear nothing of this impending wreckage. After all, we have real crises of cyberbullying, sexting, global warming, and Obama Care to worry about.
Labels:
aarp,
cbo,
communism,
communist,
competence,
crisis,
economy,
emanuel,
fascism,
fascist,
incompetence,
liberal,
liberalism,
obama,
retire,
social security,
socialism,
socialist,
welfare
Tuesday, April 14, 2009
Press Conference for Poochie
So the Obama family is trooped out to hold a press conference...?
To present a united front in the face of a plague of worldwide piracy? No.
To assure the American people that families can persevere through the downward spiral of Obama's economic policies? No.
To argue that Iran and North Korea should lay off the nukes, "for the children?" Nothing so mundane as all that.
No, this family press conference is about something REALLY important. This press conference is to introduce the dog. A Portuguese Water Buffalo (did I get that wrong?) named "Bo."
Ewwwwwwww. Look at all that slobbering.
Not from Bo. From the press.
He is such an attention whore.
Not the dog, I mean President Obama.
To present a united front in the face of a plague of worldwide piracy? No.
To assure the American people that families can persevere through the downward spiral of Obama's economic policies? No.
To argue that Iran and North Korea should lay off the nukes, "for the children?" Nothing so mundane as all that.
No, this family press conference is about something REALLY important. This press conference is to introduce the dog. A Portuguese Water Buffalo (did I get that wrong?) named "Bo."
Ewwwwwwww. Look at all that slobbering.
Not from Bo. From the press.
He is such an attention whore.
Not the dog, I mean President Obama.
Friday, April 3, 2009
Barack Obama: Too Much Spending for Democrats!
Now the Obama administration is stacking chits and keeping score against DEMOCRATIC opposition to his spending-free-as-water ways.
Apparently, Billy Bob Barry Barack Hussein Muhammad bin Obama is too radical a socialist even for DEMOCRATS at this point.
http://online.wsj.com/article/SB123862834153780427.html
Apparently, Billy Bob Barry Barack Hussein Muhammad bin Obama is too radical a socialist even for DEMOCRATS at this point.
[The Obama Administration's} targets were initially Republicans, as team Obama ran ads depicting the GOP as the "party of no." But now the fire is being trained on Democrats worried about runaway spending.
Americans United is going after Democrats who are skeptical of Mr. Obama's plans to double the national debt in five years and nearly triple it in 10. The White House is taking aim at lawmakers in 12 states, including Democratic Sens. Kent Conrad, Ben Nelson, Mary Landrieu, Blanche Lincoln and Mark Pryor. MoveOn.Org is running ads aimed at 10 moderate Senate and House Democrats. And robocalls are urging voters in key districts to pressure their congressman to get in line.
http://online.wsj.com/article/SB123862834153780427.html
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