Wednesday, March 13, 2013

Barker's Newsbites: Wednesday, March 13, 2013


In fact... it was a little bit frightening!

5 comments:

William R. Barker said...

http://abcnews.go.com/blogs/politics/2013/03/president-obama-wont-balance-budget-just-for-the-sake-of-balance/

In an exclusive interview with ABC News, President Obama rejected calls to balance the federal budget in the next ten years...

* FOLKS. I DON'T MAKE THIS SHIT UP. THIS IS GEORGE FRIGGIN' STEPHANOPOULIS RECOUNTING THIS!

“My goal is not to chase a balanced budget just for the sake of balance. My goal is how do we grow the economy, put people back to work, and if we do that we are going to be bringing in more revenue,” he said.

* FOLKS. WHATEVER OBAMA'S "GOALS" ARE, THE FACT IS THAT HIS POLICIES HAVE BEEN DISASTEROUS FOR THE COUNTRY. I CITE THE EVIDENCE DAY IN AND DAY OUT!

* FOLKS. OBAMA'S GOAL IS TO EXPAND GOVERNMENT AND TO EXPAND DEMOCRATS' CONTROL OVER GOVERNMENT. YOU KNOW IT'S TRUE.

Obama rejected a proposal put forth by Rep. Paul Ryan today that would balance the budget in ten years...

* AND, FOLKS... (*SIGH*)... YOU KNOW THAT RYAN'S PLAN IS A FRIGGIN' JOKE ITSELF!

* FOLKS... WE HAVE TWO PARTIES... THE TOTALLY IRRESPONSIBLE PARTY AND THE NEARLY AS IRRESPONSIBLE PARTY; WHAT MORE CAN I TELL YA...?!

(*SHRUG*)

William R. Barker said...

http://abcnews.go.com/blogs/politics/2013/03/president-obama-there-is-no-debt-crisis/

There has been no shortage of dire warnings about the mounting US national debt, but President Obama is now offering a different assessment: no big deal.

* AGAIN, FOLKS... JONATHAN KARL, ABC NEWS...

“We don’t have an immediate crisis in terms of debt,” President Obama said in an exclusive interview with George Stephanopoulos for “Good Morning America.” “In fact, for the next 10 years, it’s gonna be in a sustainable place.”

(*JUST SHAKING MY HEAD*)

* READ THE FULL ARTICLE. READ THE OBAMA QUOTES... THE LIES... HIS FALSE CLAIMS TO HAVE ALREADY CUT SPENDING WHEN ALL THAT HAS BEEN DONE IS SLIGHTLY CUT AUTOMATIC INCREASES AND THUS YEAR AFTER YEAR GOVERNMENT SPENDING CONTINUES TO GROW... GOVERNMENT DEBT CONTINUES TO GROW.

* READ WHAT THE CBO HAS TO SAY... WHAT ERSKINE BOWLES AND ALAN SIMPSON ARE NOW SAYING...

* ELECTING OBAMA TO A SECOND TERM WILL PROBABLY GO DOWN IN HISTORY AS THE DEATH KNELL FOR AMERICA. HE AND HIS FOLLOWERS ARE DELIBERATELY DESTROYING THE AMERICAN ECONOMY AND SOWING THE SEEDS OF DISASTER.

William R. Barker said...

http://www.nytimes.com/2013/03/12/us/for-detroit-a-financial-crisis-was-long-coming.html?pagewanted=all&_r=1&

DETROIT — This city was already sinking under hundreds of millions of dollars in bills that it could not pay when a municipal auditor brought in a veteran financial consultant (John Boyle) to dig through the books. A seasoned turnaround man and former actuary with Ford Motor Co., he was stunned by what he found: an additional $7.2 billion in retiree health costs that had never been reported, or even tallied up.

* AND YET NO ONE IS GOING TO JAIL...

The same path, long and slow, can be found from Providence, R.I., to Stockton, Calif.

* GOVERNMENT, BABY... GOVERNMENT...

“Detroit is a microcosm of what’s going on in America, except America can still print money and borrow,” Mr. Boyle said.

* YEAH, FOLKS... IT REALLY IS AS BAD AS I SAY IT IS...

(*PURSED LIPS*)

William R. Barker said...

http://www.economicpolicyjournal.com/2013/03/tax-prof-obamacare-tax-increases-are.html

The Joint Committee on Taxation recently released a 96 page report on the tax provisions associated with Affordable Care Act.

The report describes the 21 tax increases included in ObamaCare, totaling $1.058 trillion – a steep increase from initial assessment, according to the Tax Prof Blog.

The summer 2012 estimate is nearly twice the $569 billion estimate produced at the time of the passage of the law in March 2010.

* RAISE YOUR HAND IF YOU'RE... er... "SHOCKED! JUST SHOCKED!"

William R. Barker said...

http://www.weeklystandard.com/blogs/proposed-dem-budget-increases-spending-62-over-next-decade_707579.html

Senator Patty Murray, the Democratic chair of the Senate Budget Committee, finally released a budget today.

Year over year in this proposed budget, spending jumps dramatically.

For instance, from this year's budget to next year's proposed budget, spending would increase by $116 billion.

Over the next decade, spending under Murray's budget would increase by 62%.

* BY 62%...

* OH... BY THE WAY...

Obama has not released his own budget yet.