It's me again. Is there anyone out there?
I hadn't planned on continuing to blog because nobody seems to be blogging anymore.
I've never considered myself a political blogger. However, I've had my eye on Obama ever since he put his hat in the ring. Who is this guy? Where did he come from? Why has he suddenly become the press's darling? Now that he is running for a second term, I thought I'd put my two cents in for those of you who are on the fence:
Tuesday, November 13, 2012
Monday, October 29, 2012
Obama aided Islamic Extremists take over of Egypt/ Libya – Weapons pour into Gaza
So where will lawmakers find the money?
The FACTS: President Obama proposed a $634 billion "reserve fund," paid for by higher taxes on the wealthy, but even if that passes, experts say it won't be enough to cover even half the cost of comprehensive health-care reform over the next 10 years. Hospitals and doctors are also bracing for what they expect will be efforts to cut the reimbursements they get for treating patients under Medicare and Medicaid
The FACTS: “Drawing down spending on wars that were already set to wind down and that were deficit financed in the first place should not be considered savings. When you finish college, you don’t suddenly have thousands of dollars a year to spend elsewhere — in fact, you have to find a way to pay back your loans.”
In addition, the president’s plan includes another $1 trillion in savings from the Budget Control Act that had been agreed to as part of the deal with Congress to raise the debt ceiling. That’s not new savings, but accounts for already agreed-upon savings.
OBAMA SAID: "I cannot guarantee that those (Social Security) checks will go out on August 3rd if we haven’t resolved this issue. Because there may simply not be the money in the coffers to do it."
The FACTS: It just so happens that the Social Security trust fund is holding $2.6 trillion of special issue Treasury bonds, which are backed by the full faith and credit of the government and are even subject to the debt limit. In other words, the trust fund puts Social Security in the first tier of creditors, along with Wall Street and the Chinese, while most other federal spending programs would have to scramble for what is left. So, in his haste to scare retirees, the president pointed to a program that is in fact one of the least likely to cut benefits even if the debt limit is not increased.
FACT: according to the National Tax Payers Union:
The top 50% (people who make and ajusted gross income of over $32,396) pay 97.75% of the taxes collected. While the bottom 50% (those whose AGI is under $32,396) pay only 2.25%.
According to the Senate Roll Call, twenty Republicans voted for the measure to proceed, including Idaho's Mike Crapo and James Risch.On the other hand, every Democrat but one voted against it, including Washington's Patty Murray and Maria Cantwell. Only John Kerry (D-MA) did not vote. Not one single Democrat voted for the tax cuts..Nevertheless, Obama took to the podium to falsely declare just the opposite
Like Raising taxes?