How can ya resist a song that has "Uh-Oh's" in it?
Answer: Ya can't!
Folks... I truly hope you're all taking the time to read the daily newsbites found within the comments section of each individual "Newsbites" posting.
Friends... whether you're a regular reader or just someone who stumbled upon this blog... whether you're "to the Right," "to the Left," or consider yourself a "moderate" or an "independent," I'm begging you... take advantage of the service I provide here.
You're constantly being lied to... manipulated... "managed" by the politicians and their media co-dependents. Not only do "Barker's Newsbites" and my stand-alone posts educate you on the facts, but I also give you the context that far more often than not is missing from mainstream reporting and certainly from political rhetoric.
Please... keep abreast of the truth!
Friends... whether you're a regular reader or just someone who stumbled upon this blog... whether you're "to the Right," "to the Left," or consider yourself a "moderate" or an "independent," I'm begging you... take advantage of the service I provide here.
You're constantly being lied to... manipulated... "managed" by the politicians and their media co-dependents. Not only do "Barker's Newsbites" and my stand-alone posts educate you on the facts, but I also give you the context that far more often than not is missing from mainstream reporting and certainly from political rhetoric.
Please... keep abreast of the truth!
12 comments:
http://us2.campaign-archive2.com/?u=75124207697efe9a19ed9a724&id=ed35d6c623&e=46483ed98dhttp://us2.campaign-archive2.com/?u=75124207697efe9a19ed9a724&id=ed35d6c623&e=46483ed98d
* BY JIM DEMINT
The debt deal has been made and now Congress has adjourned for the August recess.
* HOW MANY MEMBERS WILL SPEND THE RECESS JUNKETING - AT TAXPAYER EXPENSE - PERHAPS BRINGING THEIR SPOUSES... PERHAPS EVEN THEIR ENTIRE FAMILY? IT'S SICK, PEOPLE; IT'S SICK.
I wish I could tell you that our principles prevailed, but they didn't and there's no honest way to put a happy face on the outcome.
* BUT YET THAT'S WHAT MOST OF THESE SCUM IN WASHINGTON DO! THAT'S CERTAINLY THE MODUS OPERANDI OF MY CONGRESSWOMAN, DR. NAN HAYWORTH (R-NY-19)!
The final agreement, which the President signed into law yesterday:
Raises the debt limit by as much as $2.4 trillion...
Allows the debt to continue to grow by $7 trillion over the next decade...
Creates a new, 12-member "super-committee" with the power to force major tax increases through Congress...
* WELL... ACTUALLY AS I UNDERSTAND IT THEY HAVE TO POWER TO FORCE SPECIFIC VOTES TO TAKE PLACE.
Threatens our AAA bond rating...
* OH, JEEZ... COM'ON... THIS "DEAL" PUT THE NAIL IN THE COFFIN OF ANY CHANCE TO AVOID EVENTUAL DOWNGRADE (VIA WESTERN AGENCIES; REMEMBER... CHINA HAS ALREADY DOWNGRADED OUR DEBT.)
Never balances the budget...
(*SHRUG*) FOLKS... FOR GOD'S SAKE... YOU READ THE SAME FACTS EVERY DAY HERE; NOTE THAT THESE FACTS AREN'T WHAT THE AVERAGE MSM NEWS CONSUMER IS GETTING! LIES, LIES, AND MORE LIES... THAT'S WHAT THE BELTWAY ESTABLISHMENT AND THEIR MEDIA AND CRONY "CAPITALIST" ALLIES PUT OUT.
(*GNASHING MY TEETH*)
Washington is addicted to spending and it's a bipartisan addiction. The debt deal passed the Senate with 74 votes: 46 Democrats and 28 Republicans.
* TWENTY-EIGHT SCUMBAG REPUBLICANS.
* TWO-PARTER... (Part 1 of 2)
http://www.rushlimbaugh.com/home/daily/site_080211/content/01125106.guest.html
* EXCERPTS FROM RUSH LIMBAUGH'S OPENING MONOLOGUE YESTERDAY:
We're gonna reach a new debt limit here today sometime, and then we're gonna reach another debt limit in three or four months, and then we're gonna reach another debt limit, and we're gonna keep spending, and we're not gonna change the baseline any at all. And we're gonna be told it's the best we can do with just one-third of the government, meaning the House of Representatives.
Ladies and gentlemen, how many of you believe that there are budget cuts in the new debt ceiling bill?
You've heard that there are cuts, have you not? We're cutting here, we're cutting there. Yeah, well, what I want to know is why would anybody believe that this deal includes any significant cuts in spending?
If it really cuts spending, why would we have to raise the debt limit by $2.4 trillion?
Why?
And we're still gonna get downgraded, and the markets are still not happy, and all the reasons we were sold for doing this have turned out to be bogus.
(*PAUSE*)
Vladimir Putin, he's out hunting. He says the United States is "a parasite on the world economy."
A parasite, meaning our growth is all phony.
It's all based on borrowing, it isn't real, and we are gobbling up all the resources around the world just to sustain our spending.
We're really not the rich country that we are is what Putin means. It's all borrowed, it's all fake, it's all phony. We're parasites. All the numbers in this deal are just government math. Government math's even crazier than Farrakhan's Million Man Math Made Easy.
Rand Paul has an open letter on his website: To paraphrase Senator Jim DeMint: When you're speeding toward the edge of a cliff, you don't set the cruise control. You stop the car. The current deal to raise the debt ceiling doesn't stop us from going over the fiscal cliff.
"At best, it slows us from going over it at 80 mph to going over it at 60 mph. This plan never balances. The President called for a 'balanced approach.' But the American people are calling for a balanced budget. This deal does nothing to fix the overreaches of both parties over the past few years: Obamacare, TARP, trillion-dollar wars, runaway entitlement spending. They are all cemented into place with this deal, and their legacy will be trillions of dollars in new debt. The deal that is pending before us now," get this, "Adds at least $7 trillion to our debt over the next 10 years." Not $2.4 trillion; $7 trillion. "The deal purports to 'cut' $2.1 trillion, but the 'cut' is from a baseline that adds $10 trillion to the debt."
As... You... Well... Know...!
* To be continued...
* CONCLUDING... (Part 2 of 2)
[W]e've been explaining this in easily understandable detail all week. I love the illustration. We could prepare a budget that is a freeze next year that doesn't spend a dime more than this year, and it would be scored as a...cut because of the baseline, because of how the budget is expected to grow.
[Our] national debt is $14.3 trillion plus the $2.4 trillion that's gonna be added, so we're just under $17 trillion, and another $10 trillion's gonna be added in ten years, maybe as much as $13 trillion. ... This amount of debt has to be serviced. I mean, the idea of paying it off is impossible, but it has to be serviced. That's gonna require tax rates that nobody will be willing to work in order to pay.
By the way, folks, this doesn't end anything. The next thing that's going to happen is that President Obama is going to ask for more stimulus spending as part of his re-election campaign. You watch. More stimulus spending and the Federal Reserve will probably print more money. There probably will be a QE3.
* THAT'S EXACTLY WHAT I'VE BEEN "HEARING" VIA MY NEWS MONITORING AND VIA ANALYSTS I TRUST.
(*JUST SHAKING MY HEAD*) FOLKS... UNDERSTAND... OBAMA WANTS TO "BREAK" THE CAPITALIST SYSTEM SO THAT IT CAN BE REPLACED BY HIS BRAND OF PROGRESSIVE SOFT FASCISM. (FASCISM MEANING THE PRIVATE SECTOR RETAINS "OWNERSHIP" OF THE MEANS OF PRODUCTION BUT GOVERNMENT ACTUALLY CONTROLS HOW THESE "PRODUCTIVE RESOURCES" ARE USED.)
These next months leading into the presidential campaign, the president is going to do what all presidents do. He's going to use every bit of presidential power at his disposal to orient the government toward buying votes, doing things for people, without regard to the budget, without regard to any fiscal sense or sanity whatsoever, it doesn't matter.
[N]ow that he's got the authority to [further] run the debt up - real fast - how he chooses to do it, create a slush fund, send the money to unions, people that pay dues so the money comes back to him in the form of campaign contributions... you ain't seen nothing yet!
The things that are sickening to all of us about the way the ruling class and politicians use government for their own benefit is about to go on steroids. If you're ticked off now, you don't know what ticked off is. From Rand Paul's open letter on his website after he mentions that it adds at least $7 trillion to the debt over the next ten years, probably ten trillion because of the baseline, best case scenario, it never, ever balances. I mean no pretense to balance - doesn't come close.
"The Super Committee's mandate," the six Republicans and the six Democrats, "is to add $7 trillion in new debt. Let's be clear: $2.1 trillion in reductions off a nearly $10 trillion, 10-year debt is still more than $7 trillion in debt."
* FURTHERMORE, SENATOR PAUL NOTED:
"The Super Committee limits the constitutional check of the filibuster by expediting passage of bills with a simple majority. The Super Committee is not precluded from any issue, therefore the filibuster could be rendered moot. In addition, the plan harms the possible passage of a Balanced Budget Amendment. Since the goal is never to balance, having the BBA as a 'trigger' ensures that the committee will simply report its $1.2 trillion deficit reduction plan and never move to a BBA vote."
* FOLKS... SENATOR PAUL'S FULL PIECE CAN BE ACCESSED VIA YESTERDAY'S NEWSBITES.
http://edition.cnn.com/2011/BUSINESS/08/02/china.us.rating/
China's leading credit rating agency Wednesday downgraded U.S. sovereign debt after putting it on negative watch last month.
* YOU FOLKS HAVE HEARD OF CHINA... RIGHT? NOT EXACTLY ESTONIA. (*SMIRK*) FOLKS... THE PIGEONS ARE COMING HOME TO ROOST.
The Dagong Global Credit Rating Company, which lowered the United States to A+ last November after the U.S. Federal Reserve decided to continue loosening its monetary policy, announced a further downgrade to A...
(*SIGH*)
"The squabbling between the two political parties on raising the U.S. debt ceiling reflected an irreversible trend on the United States' declining ability to repay its debts," Dagong Chairman Guan Jianzhong told CNN.
* FOLKS... THE "SQUABBLING" ISN'T THE KEY POINT HERE; THE KEY POINT MADE WHICH YOU SHOULD BE PAYING ATTENTION TO IS THAT THE CHINESE ARE "REFLECTING UPON AN IRREVERSIBLE TREND ON THE UNITED STATES' DECLINING ABILITY TO REPAY ITS DEBTS...!!!"
"The two parties acted in a very irresponsible way and their actions greatly exposed the negative impact of the U.S. political system on its economic fundamentals," he said.
* FOLKS... PLEASE... FOR GOD'S SAKE... DON'T MISS THE FOREST FOR THE TREES! THE CHINESE ARE SAYING THAT BY KICKING THE CAN DOWN THE ROAD YET AGAIN THE SCUMBAGS IN WASHINGTON ARE PUTTING US ON A GLIDE-PATH WHERE IT'LL SOON BE IMPOSSIBLE FOR US TO REVERSE COURSE AND PAY OUR DEBTS EVEN IF AT SOME FUTURE POINT WE ELECT POLITICIANS WILLING TO DO WHAT NEEDS TO BE DONE...!!!
"Our downgrade simply reflects reality," Guan said. "Our rating didn't cause China to lose any money - it was the inappropriately high ratings for the U.S. by Western agencies that had led China to make risky investments in U.S. debt."
* FOLKS... WHAT THE CHINESE ARE POINTING TO IS THE FACT THAT MOODY'S, FITCH, AND STANDARD AND POOR'S ARE ALL "IN THE BAG" AND FOR POLITICAL REASONS AND ECONOMIC SELF-INTEREST THEY SIMPLY "PLAY THE GAME" AND AWARD THE U.S. AN INDEFENSIBLY HIGH CREDIT RATING. (THINK GRADE INFLATION IN SCHOOL!)
"People are used to credit ratings issued by the 'big three,' but the financial crisis has clearly proved them wrong," Guan said. "They can no longer shoulder the responsibility of rating the world."
* GUAN IS RIGHT! THE RATINGS AGENCIES CAN'T BE TRUSTED BECAUSE THEY'RE IN A SYMBIOTIC RELATIONSHIP WITH WASHINGTON!
http://news.yahoo.com/iraq-negotiate-continued-us-troop-presence-215519279.html;_ylt=AmMNmfC8EKfNnmg_MOSNe0gLewgF;_ylu=X3oDMTM2OTVyb21xBHBrZwM1ZGI2ZmJmZS0zZjhiLTMwOTEtYjUwZi03NDUzYTZjZmNmNmEEcG9zAzE0BHNlYwN0b3Bfc3RvcnkEdmVyAzg4MzcwMDAwLWJkNjQtMTFlMC1hNmVlLTY1YjJlMTQ4YzM3OQ--;_ylg=X3oDMTF2Y3Y5NDF0BGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdAN3b3JsZHxtaWRkbGUgZWFzdARwdANzZWN0aW9ucw--;_ylv=3
Iraq's political leaders gave the government the green light Tuesday to begin negotiating a deal with the U.S. to keep American troops in the country past the end of the year...
(*SMIRK*)
Washington has offered to have up to 10,000 U.S. troops stay and continue training Iraqi forces on tanks, fighter jets and other military equipment.
* CAN I JUST ASK A QUESTION? WHY DOES IRAQ NEED TRAINING IN TANKS AND FIGHTER JETS...? HECK... WHY DOES IRAQ NEED TANKS AND FIGHTER JETS...? DOES AL QIADA HAVE TANKS... FIGHTER PLANS...?
Earlier Tuesday, U.S. Joint Chiefs chairman Adm. Mike Mullen left Iraq after a brief visit during which he urged the government to quickly request the troops to stay...
(*JUST SHAKING MY HEAD*)
About 46,000 American troops are currently in Iraq.
* REMEMBER HOW WE WERE TOLD THE IRAQ WAS WAS OVER, THAT OUR TROOPS HAD PULLED OUT?
* BTW, FOLKS... THEY'RE NOT COUNTING ALL THE PRIVATE CONTRACTORS AND STATE DEPARTMENT AND CIA PARAMILITARY FORCES WE PAY TO HAVE IN IRAQ.
* FOLKS... FOLKS ON THE LEFT AS WELL AS THE RIGHT... DON'T YOU SEE HOW YOU'RE CONSTANTLY LIED TO BY THIS ADMINISTRATION...???
(*STILL SHAKING MY HEAD*)
http://www.theblaze.com/stories/sarah-palin-gives-romney-tough-love-i-do-not-respect-his-debt-ceiling-stance/
In an interview Tuesday with Sean Hannity, Sarah Palin criticized Romney for standing on the sidelines during the debt ceiling debate, jumping in only after the dust had settled.
(*ENTHUSIASTIC CLAP-CLAP-CLAP*)
* GOV. PALIN IS ABSOLUTELY CORRECT! INDEED, SHE'S MIRRORING MY POSITION EXACTLY! ROMNEY IS A FAKE, PHONY, FRAUD; HE WAITED TILL AFTER IT WAS A DONE DEAL TO "OPPOSE" THE SCAM "DEAL" INSTEAD OF FIGHTING IT ALL ALONG, THROWING HIMSELF AND HIS POLITICAL MACHINE INTO THE FIGHT WHEN IT MIGHT HAVE MATTERED.
[On the other hand, Gov. Palin] applauded Michelle Bachmann for standing up for her principles in the debt debate.
(*NOD*)
* AS DO I!
http://www.nypost.com/p/blogs/capitol/free_cell_phones_are_civil_right_htTMcKQFrjdvyl9A6NHPdP#ixzz1TrgxELho
Pennsylvanians on public assistance now have a new 'civil right' - free cell phones.
(*BANGING MY HEAD ON THE DESK TOP*)
Recently, a federal government program called the Universal Service Fund came to the Keystone State and some residents are thrilled because it means they can enjoy 250 minutes a month and a handset for free, just because they don't have the money to pay for it.
(*SUICIDAL...HOMICIDAL...SUICIDAL...HOMICIDAL*)
Through Assurance Wireless and SafeLink from Tracfone Wireless these folks get to reach out and touch someone while the cost of their service is paid for by everyone else. You see, the telecommunications companies are funding the Universal Service Fund to the tune of $4 billion a year because the feds said they have to and in order to recoup their money, the companies turn around and hike their fees to paying customers.
* I FEAR VIOLENCE IS INDEED THE ONLY ANSWER... (*SHRUG*)
http://www.cnbc.com/id/44000051
[T]he number of planned layoffs at U.S. firms rose to a 16-month high in July, as sectors which had been seeing fairly few layoffs unexpectedly bled jobs.
* "...UNEXPECTEDLY..." NOTICE HOW - AS USUAL - YOU GET THE LEFT WING SPIN IN WHAT'S SUPPOSED TO BE A STRAIGHT NEWS ARTICLE.
Employers announced 66,414 planned job cuts last month, up 60.3% [from] June...
* AH... WHAT'S A LOUSY 60.3% INCREASE AMONG FRIENDS?! (*SNORT*)
Its was the largest monthly total since March 2010...
* THE OBAMA "RECOVERY" PROCEEDS APACE!
...and the first month this year that the government was not the biggest job cutter.
* O-BAM-A! O-BAM-A! O-BAM-A! O-BAM-A! O-BAM-A!
"What may be most worrisome about the July surge is that the heaviest layoffs occurred in industries that, until now, have enjoyed relatively low job-cut levels," John A. Challenger, chief executive officer of Challenger, Gray & Christmas, said in a statement.
Layoffs in the pharmaceutical and retail sectors overtook nonprofit and government job cuts last month, accounting for 20.32% and 16.93% of announcements, respectively.
* IN OTHER WORDS... WE'RE DONE CUTTING FAT VIA LAYOFFS - NOW WE'RE CUTTING INTO MUSCLE AND BONE!
"July marks the third consecutive increase we have seen in monthly job-cut announcements, which certainly seems to provide additional evidence that the recovery has stalled," said John A. Challenger, chief executive officer of Challenger, Gray & Christmas, in a statement.
* FOLKS... THERE NEVER WAS A "RECOVERY." COM'ON... WE ALL KNOW THIS!
http://www.myfoxny.com/dpp/news/new-yorkers-fleeing-state-ncx-20110803
Taxed-out New Yorkers are voting with their feet, with a staggering 1.6 million residents fleeing the state over the last decade.
For the second consecutive decade, New York led the nation in the percentage of residents leaving for other states, according to the report by the Empire Center for State Policy.
(*SIGH*)
The population loss is "the ultimate barometer of New York's attractiveness as a place to work, live and do business," the report's co-author, E.J. McMahon, said. "It's the ultimate indication that we've been doing things wrong."
(*NOD*)
The Tax Foundation ranked New York highest in the nation in the combined state and local tax burden in 2008. And as small-business lobbyist Mike Durant noted, New York has also consistently ranked worst or in the top three worst in business climate. "You can't suck every penny out of people and expect them to remain in New York."
http://www.realclearpolitics.com/video/2011/08/02/palin_if_tea_partiers_were_terrorists_obama_would_pal_around_with_us.html
Fmr. Gov. Sarah Palin responds to a report that Vice President Joe Biden said Republicans were "terrorists" during a closed-door meeting with Congressional Democrats about the debt compromise:
"Heck, Sean, if we were real domestic terrorists, shoot, President Obama would be wanting to pal around with us, wouldn’t he? I mean he didn’t have a problem paling around with Bill Ayers back in the day when he kicked off his political career in Bill Ayers' apartment..."
* GOOD FOR SARAH PALIN!
http://www.ft.com/intl/cms/s/0/d4f09016-bda3-11e0-babc-00144feabdc0.html#axzz1U0EKl4rW
A widespread cyber-espionage operation has penetrated 72 government and other organisations, most of them in the U.S., copying everything from military secrets to industrial designs. Analysts said circumstantial evidence pointed to China as the most likely suspect.
* DEFINITELY WE SHOULD KEEP OUR TROOPS IN... er... IRAQ...?!?!
* YEP. IRAQ. AFGHANISTAN. LIBYA. (HEY...! MAYBE WE SHOULD INVADE PARAGUAY - YOU KNOW... JUST FOR THE HELL OF IT?!)
(*SNORT*)
* FOLKS... GET IT THROUGH YOUR SKULLS... THESE IDIOTS IN WASHINGTON ARE ALWAYS FIGHTING THE LAST WAR AND IN THE MEANTIME PRECIOUS FINANCIAL RESOURCES ARE BEING MISDIRECTED WHILE AMERICANS ARE DYING AND BEING GRAVELY WOUNDED IN FOREIGN LANDS WHILE OUR GOVERNMENT REFUSES TO PROTECT OUR PHYSICAL BORDERS AND IS APPARENTLY UNABLE TO PROTECT OUR CYBER-BORDERS.
The campaign was disclosed late on Tuesday by McAfee...
* NO SPEECH BY PRESIDENT OBAMA, HUH? (*SNICKER*)
On Wednesday, experts said the campaign appeared among the largest hacking efforts to date but was far from isolated. China has previously been blamed for successful cyber-raids on western military, business strategy and technology secrets, including a well-publicised penetration of Google, reported last year.
(*JUST THROWING MY ARMS UP IN THE AIR, PALMS UPTURNED*)
The U.S. state department had no immediate comment on McAfee’s report.
* NO... (*SIGH*)... OF COURSE NOT. (*SMIRK*)
A senior official there told the FT last month that efforts to establish new norms on cyber espionage could take years.
* HIL-LA-RY! HIL-LA-RY! HIL-LA-RY! HIL-LA-RY! HIL-LA-RY! HIL-LA-RY!
http://news.yahoo.com/us-aaa-rating-still-under-threat-204040123.html
U.S. debt shot up $238 billion to reach 100% of gross domestic project after the government's debt ceiling was lifted, Treasury figures showed Wednesday.
(*GRIM SCOWL*)
Treasury borrowing jumped Tuesday, the data showed, immediately after President Barack Obama signed into law an increase in the debt ceiling...
* WELL... THAT WAS, AFTER ALL, THE PLAN...! (*JUST SHAKING MY HEAD*)
The new borrowing took total public debt to $14.58 trillion, over end-2010 GDP of $14.53 trillion, and putting it in a league with highly indebted countries like Italy and Belgium.
* NOW, FOLKS... IN ALL SERIOUSNESS... THE TREASURY PROJECTED ALL THIS AND BUSINESS JOURNALISTS KNEW THIS WAS COMING... (*SHRUG*)... YET... (*ANOTHER SHRUG*)... YOU'RE READING ABOUT IT TODAY - AFTER THE FACT - RATHER THAN HAVING READ STORIES RAISING THE ALARM ABOUT THIS LAST WEEK - WHEN SUCH STORIES COULD HAVE INFLUENCED PUBLIC PERCEPTIONS AND POLITICAL ACTIONS.
The last time US debt topped the size of its annual economy was in 1947 just after World War II.
* FOLKS... (*SIGH*) (*STILL JUST SHAKING MY HEAD*)
Post a Comment