Tag Archives: budget


A bold faced lie is a lie told with a straight and confident face (hence “bold-faced”), usually with the corresponding tone of voice and emphatic body language of one confidently speaking the truth. That’s the definition of a bold faced lie according to Wikipedia.

The Democratically controlled Senate has not voted on a budget in 3 ½ years. That’s a fact and it is contrary to law. It has been a major point of contention so there is no possibility whatever that Sen. Claire McCaskill does not know that the Senate has failed to pass a budget in all that time. Now watch the video and see what a bold faced lie looks like.


Richard Foster is the chief actuary for Medicare.  An actuary is someone who is a whiz bang with numbers and smarter than Einstein or even Paul Ryan.  Foster is the man behind the numbers of the recently released Medicare Trustee’s Annual Report.  At a conference hosted by the American Enterprise Institute, Mr. Foster explained that his calculations show Medicare (with Obamacare included) will run totally out of funds in 2024 as it is currently structured.

Foster’s actuarial machinations assume the federal government will cut payments to doctors by 30.9% in compliance with mandates already written into the law.  But they won’t do that.  Without that reduction in government expense the funds will be depleted even sooner.  The assumption is unrealistic, but as Foster explains, government actuaries are not given the latitude to do their math on the basis that the government will not enforce the law.

In the name of extending coverage to include everyone, the Democrats created a plan that in 10 years will cover no one.  Something will have to change.  That’s not an opinion; it’s arithmetic.


It is not news when an unopposed candidate wins an election.  However, it is news when a virtually unopposed incumbent President only wins state primaries by small margins against perennial crank contenders.  But it’s news that goes unreported. Many people don’t even know there are Democratic primaries this year.  Obama may actually lose in Arkansas.  Read more

Obama’s budget proposal was defeated 414 to zero in the house and 99 to zero in the Senate.  Not a single Democrat supported the President in his plan.  Even the New York Times reports these defeats, so the voters are aware of them.

The attempt to paint Republicans as engaging in a war against women is backfiring.  Romney is staying on target with his Debt clock.

The case is building for a possible resounding defeat.  The hurdle remains getting enough electoral votes to overcome the solidly Democratic states.


The most predictable financial crisis the nation has ever faced and Democrats fight every attempt to thwart it.  Our problems are Afghanistan, Iran, jobs, declining quality of healthcare and skyrocketing federal debt.  But all the Democrats want to discuss is sex.

It is hard to know which is worse, this diversionary tactic by the Democratic machine or Republicans for giving it legs.  Given Obama’s horrible record on both domestic and international fronts, you can hardly blame the Democrats for wanting to change the subject.  Paul Ryan is the man with the right message and he sticks to it.  The candidates would do well to do the same.


Why the Debt Ceiling Fight Is So Fierce

Really now, how serious is this national debt problem?.  Figures fly at us like a fleet of locusts.  The onslaught of numbers comes from all directions, talk radio, think tanks, politicians and from agencies of the government itself.  The size alone makes it impossible to relate.

We have been told how many freight cars it would take to hold a trillion one dollar bills and how many times a trillion dollars worth of sawbucks would go around the world laid end to end.  But that doesn’t tell us anything useful; it just shows the numbers are big.  We knew that.  Then we read about percentages of GDP.  What does that mean?  How can we relate?  How can we make sense of it?  We do it by relating expenses and debt to income, not to freight cars or GDP.  Our table relates the financial state of the nation to basic family finances.

The government numbers in the table are fixed.  Except for Unfunded Liabilities which is an estimate; the figures are reported facts.  The family side is a “what-if” table.  It answers the question — if a family had an income of 80,000 dollars with spending and debt in the same ratio to family income as the government ratios, where would the family be?

The answer is nearly unimaginable.  Such a family would have a half million dollars in outstanding debt, over 600,000 dollars in additional future commitments, no savings and still spending nearly 60% more than they earn.  Is it any wonder the rating agencies are prepping us for a downgrade?  Is it any wonder why there is a stalemate in Congress when some members, with the backing of the president, actually want to increase federal spending and debt while others insist on cutting both before it’s too late?

If your income is half the 80,000, cut the rest of the numbers on the family side in half.  If your income is double, double them.  If you have a blog please feel free to take the table and use it as you wish.  The more distribution it gets, the better.

Click the table to enlarge it.


Reuters reports:
“Republicans want to shut down the government because they think there’s nothing more important than keeping women from getting cancer screenings.” Reid said on the Senate floor.

Republicans want to Kill Women
One of the leading pro-abortion members of the House is causing furor with her comment to the effect that the pro-life Republicans recently elected to Congress want women to die of cancer.

Congresswoman Louise Slaughter (D NY) compared Republican efforts to revoke taxpayer funding for Planned Parenthood to actions taken by the Nazi regime in Germany during World War II.

“This is probably one of the worst times we’ve seen because the numbers of people elected to Congress. I went through this as co-chair of the arts caucus,” Slaughter said, according to a CNS News report. ”In ’94 people were elected simply to come here to kill the National Endowment for the Arts. Now they’re here to kill women.”

You can watch the video here.

There are three things I would like to see documented:
1. How many times Democrat politicos have compared conservatives to Nazis in a public forum, and that includes organized demonstrations.
2. How many times Democrat politicos have accused conservatives of doing that in public forums.
3. How often conservatives have actually done it.


John E. Silvia is the chief economist at Wells Fargo bank. On Wednesday he told CNBC that “the plot in Greece and Portugal sounds an awful lot like the same plot that’s going on in the United States”, the only thing different is the names of the players, he said.

Mitch Daniels, the governor of Indiana, sees the path the nation is on as one ending in insolvency. “It’s not a question of philosophy. It’s simply arithmetic.” he said.
Last October we published an article entitled “Fruit from the Obama Tree” in which we quoted Pravda.

From the Russian newspaper PRAVDA
Commenting in the Spring of 2009, “like the breaking of a great dam, the American decent into Marxism is happening with breath-taking speed.”

Whatever one may say about PRAVDA, they know Marxism when they see it.

Senator Schumer (D-NY) tells fellow Democrats to use the word “extreme” when speaking to the press about the Republican efforts to trim about 3% from the Democrat’s spending plan. Considering the direction in which the country is going, a better word for attempting to trim the budget by only 3%  might be “pathetic”.