CLASS is a new long-term-care insurance program that was inserted into Obamacare so that Congress could raid its $70 billion surplus through 2020 to cover Obamacare’s initial deficits. Like the raided Social Security trust fund, future taxpayers will have to repay that $70 billion with interest when the program falls into deficit later.
“a Ponzi scheme of the first order, the kind of thing that Bernie Madoff would have been proud of.”
Thus, even Sen. Kent Conrad (D., N.D.) admits that Congress has enacted “a Ponzi scheme of the first order, the kind of thing that Bernie Madoff would have been proud of.”
Just another reason Obamacare needs to be repealed, CLASS is another entitlement that America can’t afford.
America didn’t surrender to Kaiser in World War 1.
We didn’t surrender to Hitler in World War II.
We didn’t surrender to the Soviets during the Cold War.
Why then would America surrender to the Democrats?
Democrats are the enemy of America and Obamacare is the first shot in the War Against America.
Anyone with a (D) by their name is our enemy. They hate what America is and they are willing to destroy our nation in order to make it into their vision of what they think America should be. They have to be stopped.
What was done to America this past Sunday was the last straw. IF WE DON’T STOP THEM NOW WE MAY NOT GET ANOTHER CHANCE.
Social Security and Medicare are flat broke and now the Democrats want to create another entitlement program that we can’t afford.
The majority of Americans don’t want it but they are going to force it on us any way. This is what the face of tyranny looks like and it is not going to go well.
I do solemnly swear that I will faithfully execute the Office of President of the United States, and will to the best of my ability, preserve, protect and defend the Constitution of the United States.
The Democrats are assaulting the very pillars of our democracy. As the debate on Obamacare reaches the long, painful end, House Speaker Nancy Pelosi is confronting a political nightmare. She may not have the 216 votes necessary to pass the Senate’s health care bill in the House
Hence, Mrs. Pelosi and her congressional Democratic allies are seriously considering using a procedural ruse to circumvent the traditional constitutional process. Led by Rep. Louise M. Slaughter, New York Democrat and chairman of the House Rules Committee, the new plan - called the “Slaughter Solution” - is not to pass the Senate version on an up-or-down vote. Rather, it is to have the House “deem” that the legislation was passed and then have members vote directly on a series of “sidecar” amendments to fix the things it does not like.
The Slaughter Solution is a poisoned chalice. By drinking from it, the Democrats would not only commit political suicide. They would guarantee that any bill signed by Mr. Obama is illegitimate, illegal and blatantly unconstitutional. It would be worse than a strategic blunder; it would be a crime - a moral crime against the American people and a direct abrogation of the Constitution and our very democracy.
‘It would open Mr. Obama, as well as key congressional leaders such as Mrs. Pelosi, to impeachment.’
It would open Mr. Obama, as well as key congressional leaders such as Mrs. Pelosi, to impeachment. The Slaughter Solution would replace the rule of law with arbitrary one-party rule. It violates the entire basis of our constitutional government - meeting the threshold of “high crimes and misdemeanors.” If it’s enacted, Republicans should campaign for the November elections not only on repealing Obamacare, but on removing Mr. Obama and his gang of leftist thugs from office.
The Obama administration will accept no more public input for a federal strategy that could prohibit U.S. citizens from fishing the nation’s oceans, coastal areas, Great Lakes, and even inland waters.
This announcement comes at the time when the situation supposedly still is “fluid” and the Interagency Ocean Policy Task Force still hasn’t issued its final report on zoning uses of these waters.
‘Lubchenco and others in the administration have close ties to environmental groups who would like nothing better than to ban recreational angling.’
Led by NOAA’s Jane Lubchenco, the task force has shown no overt dislike of recreational angling, but its indifference to the economic, social and biological value of the sport has been deafening.
Additionally, Lubchenco and others in the administration have close ties to environmental groups who would like nothing better than to ban recreational angling. And evidence suggests that these organizations have been the engine behind the task force since before Obama issued a memo creating it last June.
In America there is an estimated 60 Million Anglers, (Sport Fishermen). Imagine the jobs lost if fishing across The United States was banned? Your rights taken away with the stroke of President Obama’s pen.
It is a universal political truth that administrations do not begin to fragment when things are going well: it only happens when they go badly, and those who think they know better begin to attack those who manifestly do not. The descent of Barack Obama’s regime, characterised now by factionalism in the Democratic Party and talk of his being set to emulate Jimmy Carter as a one-term president, has been swift and precipitate.
‘The magnificent campaign created the notion that Mr Obama could walk on water. Oddly enough, he can’t.’
The root of the problem seems to be the management of expectations. The magnificent campaign created the notion that Mr Obama could walk on water. Oddly enough, he can’t. That was more Mr Axelrod’s fault than Mr Emanuel’s. And, to be fair to Mr Emanuel, any advice he has been giving the President to impose his will on Congress is probably well founded. The $783 billion stimulus package of a year ago was used to further the re-election prospects of many congressmen, not to do good for the country. America’s politics remain corrupt, populated by nonentities whose main concern once elected is to stay elected; it seems to be the same the whole world over. Even this self-interested use of the stimulus package appears to have failed, however. Every day, it seems, another Democrat congressman announces that he will not be fighting the mid-term elections scheduled for November 2.
The Obama administration is weighing how the government can encourage workers to turn their savings into guaranteed income streams following a collapse in retiree accounts when the stock market plunged.
The U.S. Treasury and Labor Departments will ask for public comment as soon as next week on ways to promote the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams, according to Assistant Labor Secretary Phyllis C. Borzi and Deputy Assistant Treasury Secretary Mark Iwry, who are spearheading the effort…
BusinessWeek reports that the Treasury and Labor departments are asking for public comment on “the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams.”
In plain English, the idea is for the government to take your retirement savings in return for a promise to pay you some monthly benefit in your retirement years.
They will tell you that you are ‘investing’ your money in U.S. Treasury bonds. But they will use your money immediately to pay for their unprecedented trillion-dollar budget deficits, leaving nothing to back up their political promises, just as they have raided the Social Security trust funds.
This ‘conversion’ may start out as an optional choice, though you are already free to buy Treasury bonds whenever you want. But as Karl Denninger of the Market Ticker Web site reports: ‘Choices’ have a funny way of turning into mandates, and this looks to me like a raw admission that Treasury knows it will not be able to sell its debt in the open market—so they will effectively tax you by forcing your retirement money to buy them.’
This is just the latest chapter in what is developing into a war by the left on America’s seniors. All that class-war rhetoric about “the rich” ends up targeting seniors, who tend to have accumulated the most in savings and investment on average because they have been around the longest.
Gingrich concludes…
Congressional Republicans should introduce legislation to block the government from ever proceeding with anything like this. Call it the ‘Keep Your Hands Off My 401(k) Act of 2010.’
The White House on Friday announced a “summit on entrepreneurship” to build economic ties with the Islamic world, part of President Barack Obama’s outreach to Muslims.
The White House said it has invited participants from more than 40 countries over five continents for the April 26-27 conference in Washington.
“The summit will highlight the role entrepreneurship can play in addressing common challenges while building partnerships that will lead to greater opportunity abroad and at home,” White House spokesman Robert Gibbs said.
What kind of Charlie Foxtrot are you cooking up now Mr. President? How about some support for American Entrepreneurship?
‘if Sunday’s show did have an award for best election year flip-flopping and transparent conservative conversion, the incumbent would surely win the Oscar.’
Sen. John McCain’s re-election campaign is decrying as insulting an online ad by GOP Senate challenger J.D. Hayworth that mocks McCain, R-Ariz., by defacing his picture with some sort of blue warpaint.
‘Ex-Congressman J.D. Hayworth should immediately apologize and and take down his latest online ad, which is an outrageous offense to John McCain’s lifetime of honorable service to our state and nation, and insulting to Native Americans here in Arizona and across America,” said Shiree Verdone, McCain’s campaign manager. “Mr. Hayworth is welcome to debate the challenges facing our state and nation, but this kind of character assassination has no place in the Republican Party, and Mr. Hayworth should ashamed of his campaign for running it.’
When asked for a response to Kyl’s complaint, Hayworth spokesman Jason Rose told AZ/DC: ‘We respectfully decline the request and would encourage Senator McCain to get a sense of humor. After all, if Sunday’s show did have an award for best election year flip-flopping and transparent conservative conversion, the incumbent would surely win the Oscar.’
The days of the RINO are rapidly comming to an end. Can’t wait for November! That’s if America survives the onslaught of the Obama administration till then.
Members of Congress give all sorts of reasons for retiring, but the reason that Democrat Evan Bayh gave is starting to sound awfully familiar. The two-term Senator from Indiana said he just couldn’t stand the partisan bickering in Washington any more.
“I’ve had a growing conviction that Congress is not operating as it should. There is much too much partisanship and not enough progress,” he said yesterday, announcing he would not seek reelection this Fall.
Let me see Senator Bayh, “Congress is not operating as it should?” Running up a 1.4 Trillion dollar deficit, Federal Debt over 12 Trillion dollars, Earmarks (AKA wasteful spending), waste, fraud and abuse at the hand of the United States Congress, is this the partisanship you are talking about? The Democrat majority is in charge and the American People are holding them to account. Get over it!
But Obama’s problems are more than a question of style. There is doubt aroused on substance. He sets deadlines and then lets too many pass. He announces a strategic review of Afghanistan, describing it as “a war of necessity,” only to become less sure to the point that he didn’t even seem committed to the policy that he finally announced. As for changing politics in Washington, he assigned the drafting of central legislative programs not to cabinet departments or White House staff but to the Democratic congressional leadership of Nancy Pelosi and Harry Reid, the very people so mistrusted by the public. Who could be surprised that the critical bills—the stimulus program and healthcare—degenerated under a welter of pork and earmarks that had so outraged the American public in the past?
U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.
The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.
The poll also finds a decline in Obama’s overall favorability rating one year after taking office. He is viewed favorably by 27 percent of U.S. investors. In an October poll, 32 percent in the U.S. held a positive impression.
As the Obama administration marks its first birthday, there is no reason to shop around for the perfect present. What President Barack Obama needs most is obvious: a new political strategy
How’s that hope and change thing working out for ya?
Democrat leaders are now talking about actually bringing legislation that will raise our debt limit by $1.9 trillion. But we are told by the same Democratic leadership that they are going to get serious in 2010 about fiscal discipline. I guess along those lines, President Obama is expected to announce a bipartisan commission that will look for ways to reduce deficits in the future. Sounds like an appealing idea, but the devil’s always in the details in Washington, D.C.
The president’s commission, on close examination, actually looks like a guard dog with no bite. Looks like fiscal discipline but it could easily be ignored by Congress. Remarkably, the president’s proposal, as I have heard about it, is prohibited from recommending cuts in any discretionary spending. That will be about $1.4 trillion, and the ‘Bridge to Nowhere’ that’s completely off limits. And as many of us know, with the partisan bias and the structure of it, as reported, it’s likely this commission would just be an excuse to raise taxes.
Rep. Mike Pence R-Indiana
Typical of the Obama Administration, a presidential commission to reduce future deficits but prohibited from recommending cuts in discretionary spending.
Obama, all talk and nothing to show for it. Typical! Just typical!
The Democrat and Republicans In Name Only, (RINO)s, have lost touch with the American People. They have become the political elite and We the People have become "fly-over country." I am not a Nazi, a terrorist, a member of the KKK, a racist, or a member of an angry mob. I'm not a birther, teabagger, truther or astroturfer. I do, however believe in the original intent of the Founding Fathers, the United States Constituton and the rule of law. I believe that Government should serve the People, not the other way around. I’m an American and conservative to my very core.
