Yet Another Major Obama Scandal

http://politics.suntimes.com/article/chicago/big-profit-pritzkers-costly-chicago-fbi-deal/sun-09142014-330pm

 

Big profit for Pritzkers on costly Chicago FBI deal:

 

A deal involving the federal government’s most expensive lease in Chicago produced millions of dollars in profits for a development group that included Penny Pritzker, a top campaign fund-raiser for President Barack Obama who is now his commerce secretary, a Chicago Sun-Times / Better Government Association investigation has found.

 

Shocking and appalling, but it’s what to be expected.

Hey Libs, how’s that “Hope’n Change” working out?

I Got An “I Phone” !!!

 

OK, well, I found an I-Phone today.

I took a day off of work and was out for an early morning bike ride and there it was on the ground.  I found it waaaaaaaaaaaaaaaaayyyyyyyyyy out on a country road where you wouldn’t be unless you knew where this road was.

I have no idea about how an I Phone works (I guess that makes me on par with President Obama)

Looks like the little rubber protector thingy didn’t work very well.

Is there any way to get data off this phone to find the owner?

 

Something to Ponder……….

Mitt will be our next President.

And since we know that Obama is a petty, self absorbed, narcissistic radical progressive……………………………..

 

What type of scorched earth policy will he have during his (very) lame duck period????

 

Could be more frightening than a second Obama term.

Poor Journalism

This story has been in my que queue for sometime and now, I finally will get it out!!

The problem is that what I read in the Sunday Chicago Tribune may not show up online for about a week so I have no link.

When I first read this story, my “BS-Bias-Detector” pegged out.

Just going to go through a few parts of it to illustrate the clear and obvious bias that this reporter has.

http://www.chicagotribune.com/news/nationworld/la-na-congress-bush-cuts-20111126,0,4251920.story

“…the Bush tax breaks deadlocked the congressional super-committee in its search for a plan to trim the government’s long term deficit.”

Tax cuts and revenue actually have nothing to do with the long term deficit.  It’s all about the spending.

For 2011:

Revenue         2.27 Trillion

Spending        3.83 Trillion

Deficit              1.56 Trillion

(are you old enough to remember when “BILLION” was an astronomical number???  Now BILLION is being thrown around like nickles.)

Please notice that one of the dirty little secrets is that the “Stimulus” spending is now built into the baseline for spending !!!  (as a side note, the “dip” in spending up to 2015 is only due to the fact that the treasury would be collecting taxes for ObamaCare that would not be spent until 2014.)

You cannot raise enough revenue in the future by taxing to match the increase in spending.

“….from the spending cuts now mandated as a result of the super-committee’s failure to the long term outlook for Medicare and other entitlement programs.”

“Sequestration”.  This is today’s nonsense word !!!!

http://www.govexec.com/story_page.cfm?articleid=48513&printerfriendlyvers=1

“Automatic, across-the-board spending cuts totaling as much as $1.2 trillion beginning in 2013 will be triggered if the committee cannot agree on a deficit reduction plan and Congress does not approve legislation by Dec. 23. Those cuts would be spread evenly from fiscal 2013 through 2021, and would be divided equally among defense and nondefense spending. The automatic triggering of spending cuts is known as sequestration, a process outlined in the 1985 Gramm-Rudman-Hollings Balanced Budget Act.”

$1.2 trillion spread over 8 years in the future????

Spitting in the ocean !!!

Nothing mandated about it either !! Congress can and probably will change that !!

Again, $1.2 trillion over 8 years??? That’s a rounding error in Washington.

“….The tax breaks, approved in 2001, and accelerated in 2003………..”

Simply, why did the author have to mention 2001 and 2003 but failed to mention that President Obama reauthorized the tax code in the “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010”?

“…Democrats argue that the tax cuts drain too much money from the Treasury………”

Tax cuts do not “cost” the government anything.  That is a myth that Marxists perpetuate and only live on  in Keynesian dogma.  You can only accept that if you believe that all monies are the property of the State.   The “Laffer Curve” is not able to be economically disputed by the Left.

“…Democrats argue that the tax cuts drain too much money from the Treasury, putting important government functions, from defense spending to Social Security, under pressure.”

WOW !!!  Now the Left is concerned about defense?? That is a hoot !!!!

What about Social Security?? There is a specific tax that is used to pay for that !!  What does “income tax cuts” have to do with Social Security ??

“They also say that the low rates are fundamentally unfair at a time when low and middle income Americans are being asked to reduce the federal deficit”

So much nonsense in such a short sentence.

The federal deficit for FY 2011 will be around $1.5 trillion.  Revenue from individual tax returns will be about $1.1 trillion.  The accumulated deficit will be over $15 trillion.

Now, I am not a stupid person, but how does anyone expect to make any reduction in the federal deficit with those numbers especially when considering that the top 1% already pay over 36% of the federal income taxes?

“…we’re asking them to contribute a little bit more.”

Please refer to the above graphic to see that “they” are already paying their fair share !!

Almost 50% of Americans have no skin in the game?

“..Among those upper income earners are many small business owners, a major GOP constituency, that would be hit hard by higher rates.”

The people that work, hire other people and pay income taxes are a major GOP constituency??  Who votes Democrat??!!??

Taking a look at the 2010 federal budget:

http://www.washingtonpost.com/wp-srv/special/politics/budget-2010/

It’s easy to see that there is more then a 1/2 trillion dollar deficit in spending in just Social Security, Medicare and Medicaid. (programs paid with payroll taxes)  Those three programs are about 40% of the budget but consume almost 60% of revenue !!!

“We Can’t Wait ” !!!!!

Another day, another worthless slogan.

Obama Takes Executive Action to Help Veterans Find Work

http://news.yahoo.com/blogs/abc-blogs/obama-takes-executive-action-help-veterans-165110398.html

“The White House today announced new initiatives urging Community Health Centers to hire 8,000 veterans, approximately one veteran per health center, in the next three years and expand opportunities for veterans to become physician assistants. “

 

OOOHHHHHH !!!!!!!!!!!!!!!

8,000 jobs in three years !!!!!!!!!

Get the fire extinguisher ready for all that friction of moving so fast !!!!

Now, for the 8,00 veterans that MAY get new jobs, that’s great, but in the big picture of NObama’s (lack of) economic policy, that’s doodly squat !!!

 

“The new orders are yet another step in the president’s plan to take executive action on his own to boost the economy without the need for congressional approval.”

 

??????

Did the former “”senior lecturer” lose his copy of The Constitution ??

“WE CAN’T WAIT”

What that actually means is since NObama’s policies are SOOOOOOOOOOOOOOOOO bad, he can’t even get Democrat support for them !

http://news.yahoo.com/obama-jobs-bill-fails-senate-vote-again-194500958.html

 

“The U.S. Senate continued on Thursday the smack down of President Barack Obama’s jobs bill for the second time this week. This time, a few Democrats broke ranks and joined in opposing the revised measure.”

 

If only he had the support of his own party.

WE CAN’T WAIT !!!!

WOW !!

Did the idiot in the White House think for a single moment about how fast that can be turned against THE ONE?

 

Yes, America CAN’T Wait !!!!

‘People felt that it was a good bet’

http://www.washingtontimes.com/news/2011/oct/3/obama-solyndra-people-felt-it-was-good-bet/

Excuse me Mr. President, but federal tax dollars are not to be wagered.

Hindsight is always 20/20,” Mr. Obama told “Good Morning America” anchor George Stephanopoulos in an online interview. “It went through the regular review process and people felt that it was a good bet.”

That is a lie !!!!

It did NOT go through the regular review process !!

“President Barack Obama said Monday he does not regret a $528 million loan to a solar energy company that later collapsed, saying officials always knew a clean energy loan program would not back winners 100 percent of the time.”

http://www.boston.com/news/nation/washington/articles/2011/10/03/obama_no_regrets_about_solyndra_loan/

IT’S NOT THE FUNCTION OF THE FEDERAL GOVERNMENT TO PICK WINNERS AND LOSERS !!!!!!!!!!!!!!!!

“Obama disputed that, saying China is pouring “hundreds of billions of dollars into this space.” If the United States wants to compete with China, Germany and other countries that are heavily subsidizing clean energy, “we’ve got to make sure that our guys here in the United States of America at least have a shot,” Obama said.”

It is NOT a viable business model!!!!!!!!!!

Let China and other countries WASTE HUNDREDS OF BILLIONS OF DOLLARS on products that cannot survive in the market on their own!!!!!

This is what happens when you elect a person that has never written a payroll check.

This is what happens when you elect a person that has never owned/operated/started a business.

This is what happens when you elect a person that never had executive experience.

This is what happens when you elect a Keynesian Marxist.

I wish more Americans would share my sentiment that tax dollars should be the hardest dollars to spend.

I didn’t go to Harvard…………..

But I know the difference between “Intercontinental” and “Transcontinental” !!!!!!

http://latimesblogs.latimes.com/washington/2011/09/obama-gaffe-jobs-act-speech-brent-spence-bridge-ohio.html

“We’re the country that built the Intercontinental Railroad,” Barack Obama.

That’s what the president of the United States flat-out said Thursday during what was supposed to be a photo op to sell his jobs plan next to an allegedly deteriorating highway bridge.

A railroad between continents? A railroad from, say, New York City all the way across the Atlantic to France? Now, THAT would be a bridge!

It’s yet another humorous gaffe by the Harvard graduate, overlooked by most media for whatever reason. Like Obama saying Abraham-Come-Lately Lincoln was the founder of the Republican Party. Or Navy corpseman. Or the Austrian language. Fifty-seven states. The president of Canada. Etc.”

Now this is some of the complete historical ignorance of this President.

What he won’t point out is that while building the railroads thorough out  the American West was a historic achievement, it was fraught with FRAUD AND WASTE !!!!!!!!!!!!!!!!

The “Chicago Way”

For anyone that “knows” Rahm, this is normal:

http://www.chicagotribune.com/news/local/ct-met-emanuel-state-lawmakers-20110918,0,6904410.story

Emanuel, on the other hand, is highly experienced at working compromises and legislation, having worked for two presidents and carried a leadership post in the U.S. House. State lawmakers say he’s brought the style he honed in Washington to Springfield — including his willingness to drop diplomacy.

While lobbying this spring for lawmakers to support a change in pensions for city workers, Emanuel called Democratic state Rep. Greg Harris, a longtime acquaintance who represents Emanuel’s North Side neighborhood. Harris opposed the legislation, which never got traction in Springfield.

Emanuel pressed Harris to change his mind, and, according to several lawmakers who heard the story, began swearing at him and threatening to burn down his house if he didn’t.

Harris didn’t dispute the story but declined to provide details of the conversation.