Harry Reid Says He Saved World From Depression
Oct 22, 2010 Political
Harry Reid is in the fight of his political career and it is very likely that he will be beaten by a virtual unknown who had the backing of the Tea Party. Reid is a powerful Senator and his ouster would be a huge slap to Democrats. Obama and other Democrat leaders (including Bubba Clinton) have been campaigning for Reid in a last ditch effort to keep him in DC. The White House needs to keep its sock puppet in place.
It is no surprise that Reid will say or do anything to defeat Sharron Angle. He has distorted her words, lied about her record and lied about her platform. He painted her as out of touch and radical and that was sticking until they debated. Then the people of Nevada saw a person who held her own and answered most of the questions. Reid bumbled and was, at times, incoherent.
The race is coming down to the wire and Reid is pulling out all the stops. Obama will be back there this weekend to whip up support. Reid is so desperate he has taken credit for saving us from a depression. One can argue whether the financial system was at the point of depression or whether it was painted that way for political purposes but one thing is certain, if we were near depression Reid did not save us. But he said he did:
Harry said; “…but for me we’d be in a world-wide depression.” Yes, Harry Reid saved the world and no one gives him credit because things are so bad right now.
What is it with these Democrats and their messianic complexes? Obama was the next coming of Christ who was sent here by G-d to save us and Obama himself told us how he would recede the oceans and save the planet. He was compared to Christ in Congress and he was compared to a prophet by the Nation of Islam.
Now Harry Reid is Superman who saved the WORLD from a depression. “Disguised as a mild mannered Senator from Searchlight, he fights a never ending battle to tell the truth…” These Democrats seem to have higher opinions of themselves than they actually deserve and while it is not unusual for politicians to inflate their records, I think Reid has gone way beyond exaggeration…
It is obvious Reid is grasping at straws and saying anything in order to get reelected but claiming to have saved us from a depression is a total lie.
Nevada voters, on the other hand, can save us from being depressed by voting this weasel out of office.
Big Dog salute to Breitbart TV.
Cave Canem!
Never surrender, never submit.
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Tags: depression, Harry Reid, lies, sharron angle
A Very Bad Idea
Oct 12, 2009 Political
Even as the focus is on healthcare, the climate bill, known as Cap and Tax, is sneaking through Congress, with even some RINOS like Lindsey Graham undergoing a pod- like body snatcher transformation, as he signs on to the flawed and expensive legislation-previously he had been against it. And he was right to have been against it- it is a very bad bill.
It does nothing but allow the government to take over a good portion of everyone’s lives, and will cost jobs- it will cost a lot of jobs, including union jobs.
Nestled in Ohio’s Amish country, Bill Belden’s 124-year-old family owned brick company has thrived on the region’s rich red clay and shale, and cheap energy from abundant coal.
Which he’s convinced that a climate bill being considered in Congress will end.
A cap-and-trade system forcing businesses away from fossil fuels, especially coal, will mean higher electricity and natural gas costs, he says. And layoffs at the Belden Brick Co.
“We’re already under severe economic strain,” said Belden, standing beside towering stacks of fresh bricks outside one of the six plants that ring Sugarcreek.
The town, about 80 miles south of Cleveland, calls itself “the Little Switzerland of Ohio.” Signs dot the highway hailing the annual Swiss Festival, quaint bed and breakfasts, and restaurants that feature traditional Dutch Amish cooking.
It’s brick, however, that’s Sugarcreek’s economic foundation.
A lifelong Republican, Belden said his criticism of the Democratic-run Congress over global warming isn’t about politics, but economics. “We’ve got to compete in the world and to do so we need low cost energy,” he argues.
kansascity.com
Of course it isn’t about politics- until the liberals make it so, by making it much harder to keep costs down- cheap energy is what is needed right now- our economy demands it.
It’s a 30-minute drive up Interstate 77 from Belden’s plants to the United Steelworkers Union office just outside Canton. Former steelworker Joe Holcomb, now a district representative for the union, says that a dozen years ago the union had 65,000 members in the state. It’s now about 50,000.
Like Brown, Holcomb and union members see the climate bill debate in Washington as a path to new manufacturing jobs and way to push those numbers up again – or at least stem the slide. That’s why the national union strongly backs the cap-and-trade legislation.
If energy prices jump, Holcomb says he’ll put up a windmill and generate his own power.
But he’s not exactly a tree-hugging environmentalist. He recalls the push decades ago to clean up Ohio’s rivers and sooty air from factory smokestacks. The water became cleaner, the air healthier, but factories closed, production became more expensive, jobs were lost, he said.
His warning to those in Washington: Don’t make the same mistake.
“If we’re just going to put a bill in and say we’re going to clean the air … but not create jobs, we’ve already seen that happen. We’ve got to do it in a way that’s going to bring jobs into this country and not let them go out of here.”
Many of the union’s members work across town, producing specialty steel at a mill owned by the Timken Co., a $5.6 billion global manufacturer of high-grade precision bearings for everything from cars and locomotives to jetliners and giant wind turbines. Of its 25,000 employees worldwide, about 5,000 are in Ohio.
It’s electricity bill for the steel mill and five other Ohio facilities runs as much as $50 million a year.
Ward “Tim” Timken Jr., company’s chairman, said the United States has no business capping carbon pollution and fossil fuel use unless other countries act as well.
“This whole notion that the U.S. is going to lead and set the example because it’s the moral thing to do is foolish,” he said in an interview at the company’s technology center adjacent to the Akron-Canton airport.
Timken, a member of one of Ohio’s most influential Republican families, said he doesn’t understand why the steelworkers would support the climate bill.
“These guys have to wake up and realize that their jobs are stake,” he said.
If the bill became law, “there would be some very difficult decisions to be made, quite frankly. I’ve got a global footprint. A quarter of my work force is in Asia. I’ve got manufacturing in Eastern Europe,” he said. “These are very real threats that we’re talking about.”
kansascity.com
The liberals continue to mistakenly believe that the jobs we shed will magically be reinvented, and perhaps that might be true in a long run (if you believe in unicorns), but we would see a depression the likes of which we have never seen, because, unless other countries signed onto the same restrictions we impose on ourselves, this bill will have the only true effect of impoverishing our country unnecessarily. And all in the mistaken myth of “Global Warming”- a myth that has no basis in reality, just in the minds of liberals who want to impose their beliefs on everyone else.
Quid enim est veritas? What, then, is the truth? The single question whose answer gives us the truth about the climate question is this: By how much will any given proportionate increase in CO2 concentration warm the world? We now know the answer. The oceans, which must store 80-90% of all heat-energy accumulated in the atmosphere as a result of the radiative imbalance caused by greater greenhouse-gas concentration, have shown no net accumulation of heat for almost 70 years, implying a very small influence of CO2 on temperature (Douglass & Knox, 2009). The devastating analysis of cloud-albedo effects shortly to be published by Dr. Roy Spencer of the University of Alabama at Huntsville will show that the UN has wrongly decided that cloud changes reinforce greenhouse warming, when in fact they substantially offset it. Repeated studies of the tropical upper troposphere (e.g. Douglass et al., 2008) show that it is failing to warm at thrice the surface rate as required by all of the UN’s models, again implying very low climate sensitivity. The clincher is Professor Richard Lindzen’s meticulous recent paper demonstrating – by direct measurement – that the amount of radiation escaping from the Earth’s atmosphere to space is many times greater than the UN’s models are all told to believe. From this, the world’s most formidable atmospheric physicist has calculated that a doubling of CO2 concentration, expected over the next 150 years, would cause 0.75 C (1.5 F) of warming, at most: not the 3.4 C (6 F) that the UN takes as its central estimate.
Most analysts would stop there. Yet some might ask, “Suppose that the single satellite on which Lindzen’s results depend is defective. What then?” They might consider the economic cost of attempting to mitigate the “global warming” which, as our Monthly Reports demonstrate, is not actually happening. The figures turn out to be startlingly simple. To mitigate just 1 C (2 F) of warming, one must forego the emission of 2 trillion tons of CO2. The world emits just 30 billion tons a year. So the analyst, as a thought-experiment, would shut down the entire world economy, emitting no CO2 at all. Even then, and even on the incorrect assumption that the UN’s exaggerated projections of the effect of CO2 on temperature are correct, it would take 67 years to mitigate 1 C warming. Preventing the 3.4 C (6 F) warming that the UN’s climate panel thinks would occur in 100 years would take 225 years without any transportation, and with practically no electrical energy. The national security advisor would at that point advise his head of government that there has never been any security threat less grave, or more expensive to prevent, than the non-problem that is “global warming”. It is the fearmongers that are the real national security threat.
americanthinker.com
Yes, it is the fearmongers, because these people want your money, and more importantly, they want you to live as they think you should- they do not trust you to be able to live as you yourself wish to. This is contrary to the American Dream, where you as an individual are able to chart your own course. A denial of freedom of choice- but this does not bother these control freaks at all; no, they want the power to dictate what you do and how you do it.
Their whole policy is based on a lie, a very big lie.
And that is always a very bad idea.
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Tags: al gore, climate, depression, job loss, liberal lies
Germany Was Right About Stimulus
Jun 9, 2009 Political
Barack Obama said we needed to pass the stimulus package or things could worsen. He said we could go into a tailspin, a spiral from which we might not recover. The very fear tactics he criticized Bush for were front and center. Obama said that if we did not pass the stimulus that unemployment would be over 9% but if we did pass it unemployment would be around 8%. He got it passed and unemployment is now at 9.4%. My liberal friends dismiss this and say that these are just estimates and predictions. If this is the case and he was this wrong, why should we pay attention to any of his other predictions?
Obama tried to get Angela Merkel of Germany to pass a huge stimulus and she said NO. The Keynesian economists were not happy. Merkel took the same approach that I wanted us to take, and that was not to spend the money.
Looks like she was correct. According to the AP (via Forbes) The unemployment rate in Germany is dropping and jobs are being created or or filled (or are they being saved).
The number of jobless dropped 127,000 in May to 3.458 million for a 0.4 percentage point decline in the unemployment rate to 8.2 percent, the Nuremberg-based agency said. Forbes
The article does indicate that some of these are seasonal jobs and that there might not be a lasting recovery. The important thing to take away is that Germany did not spend huge sums of money for a stimulus and the country did not go into a tailspin and into a spiral from which it might not recover.
In other words, they are seeing some improvement that might not be sustained but that is better than ours and they did not spend a trillion dollars. As I said, the economy moves in cycles and there will be recessions. Our biggest mistake is to intervene and manipulate the economy because it eventually adds up. All the interventions of the past exploded in 2008 (along with Democratic housing market antics). If we let the economy move in its normal cycles things will get better faster.
The US will lag behind Germany in recovery because we made the same mistakes that FDR did during the Great Depression.
What makes anyone think that government can fix the problem it created? If spending were the solution we would not have a problem because government has been on a spending spree for years.
Unemployment will be in the double digits along with inflation right after we suffer the deflationary cycle. All the stimulus in the world will not help.
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Tags: depression, germany, inflation, merkel, Obama, stimulus
Obama One Step Closer To Disaster
Feb 10, 2009 Political
The Senate passed its version of the future generation bankruptcy plan putting Obama one step closer to bringing us the disaster he keeps predicting. Three Republicans voted for the bill giving the Democrats what they wanted. Once they hash out the details with the House all the deleted items the three idiot Republicans wanted out will be added back in. Then, the Democrats will get their bill passed with a simple majority. I don’t know what the three were promised but they either need to be voted out of office or die and I don’t really care which. They are a burden to us and they need to go.
Obama was on TV last night using the fear he chided Bush about in order to influence people and have them support his plan. Obama told a number of lies and failed to answer some questions when he beat around the bush until he used a lot of words to say nothing. His entire night was about doom and gloom and the popular tactic of saying that all economists agreed or that Republicans were responsible for the problem he is in.
These were absolute lies. It is true that the debt increased under George Bush and the Republicans but it is not the tax cut polices, the ones Obama described as failed, that caused the problems. It is the out of control spending by Congress. The financial meltdown is a direct result of government forcing banks to make bad loans. It was the Community Reinvestment Act and the subsequent pressure from groups like ACORN that allowed people to get loans they could not possibly pay back.
The Democrats pushed that, Barney Frank said that it was in great shape, and the whole system went to hell in a hand basket when people could not pay. That is what caused the problems and no matter how much the liar in chief says otherwise, it will not change the facts. Obama said that Republicans were engaging in revisionist history. No, revisionist history is when you say that if we do not act now we might get is such bad shape we might never recover by day and then claim you did not say it by night.
Barack Obama is interested in making sure he uses this “crisis” to his advantage. The unemployment benefits are extended until the end of this year. This will cause more people to go on it and increase jobless numbers. When it runs out and numbers stop dropping he can claim that things are improving just in time for the next election. It is all about power and he, as Rahm Emanuel stated, will not let a crisis go to waste. He will use it to bring Socialism to this country.
He stated not two weeks ago that the recovery would require investment from the private sector as well as government and last night he said that only government could fix this. His bill has stealth items that will allow government to decide if your health care treatment is too expensive or not beneficial. Then the government will deny you what is needed. The government will make decisions that you and your doctor should make. There are plenty of items in there that will drive us closer to Socialism and a complete takeover by the government. God help any bureaucrat who denies any member of my family treatment that is needed.
The bill is junk and it is full of pork, another thing Obama lied about. He and Schumer need to discuss things before they speak publicly. This plan will cause the same problems that FDR caused and we will see problems like we saw when Jimmy Carter screwed up the country. This is not the worst economic problem since the Great Depression but if he says it long enough he hopes you will believe it.
Obama has had a rocky start and in a few short weeks he has broken his campaign promises, staffed his administration with Clinton retreads (some change), has made exceptions to his own ethics rules and has found a number of Democratic tax cheats to offer jobs. To top it off, he has begun lying about everything in order to get what he wants and drive us into a depression.
But if he lies about things enough, people will believe him.
Like they believe that Clinton had a surplus…
I hate liberals and I really hate Obama.
Buy guns and ammo.
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Obama Admits Tax Cuts For The Rich Stimulate Economy
Jan 8, 2009 Political
The tax cuts enacted under George Bush were for everyone and the middle class made out better than the wealthy. I know that is hard to believe because a rich person gets a bigger dollar figure back but that person pays many multiples of what a middle class worker pays. Additionally, the lower 50% of wage earners pay just under 4% of our nation’s taxes. If they pay little or none then they should be getting little or none back. Our government though, believes in income redistribution or “spreading the wealth.” That is why the last stimulus checks went to people who paid little or no taxes while the upper wage earners, the ones whose taxes ultimately paid for the stimulus, got NOTHING.
When Barack Obama was running for office he said that George Bush had tax cuts for the rich. He had to say that because that is the mantra the left uses to invoke class warfare. They make the middle and lower classes support them by making them envious of the rich. Obama vowed that he would get rid of Bush’s tax cut for the rich and that he would cut taxes for the middle class. The problem with that is the Bush tax cut benefited the middle class and if it goes away the taxes on them go way up. If Obama takes away the tax cut and then gives them a tax cut, what did they gain? Oh well, it sounded good.
As part of the newest stimulus package that Obama says will likely end up being over a TRILLION dollars, there are tax cuts. That is right left wing moonbats who supported him, Obama wants tax cuts for those making under some magic number that is a moving target. Of course, when Bush cut taxes the left said that it would lead to less money going to government and that it was wrong to cut taxes when the country was in such debt. Since the sainted one is adding tax cuts to a stimulus package he must now be admitting that tax cuts stimulate the economy.
But Big Dog, that means nothing. Obama promised to give tax cuts to the middle class and to end Bush’s tax cuts fo the evil rich.
Yep, and Obama is also giving tax cuts to the rich. He has stated that he will probably not seek immediate repeal of Bush’s tax cuts for people making over $250,000 (the tax cuts were for everyone, Obama just wants to repeal them for anyone making this amount or more) and that he will let them expire in 2010. Imagine that, he is allowing the rich to keep the tax cuts in order to stimulate the economy. Barack Obama is now showing what Republicans have stated and what George Bush demonstrated and that is tax cuts (for everyone) stimulate the economy.
A few things though. The tax cuts for the middle class were not part of the original plan and Obama has them there as bait to get Republicans to sign on to the stimulus package. Also, the tax cuts will have little effect on the economy because they will be accompanied by a huge amount of government spending, spending that will give us a deficit that will take generations to pay off.
I am not in favor of the stimulus package and I believe that the more government meddles in the issue the longer the recession will last and it might end up in a full blown depression. We need the government to allow the free market to correct the issue as it always has. Despite Obama’s claim that Wall Street has not worked and needs more government regulation, the fact is the market has worked very well for a long time with just a few periods of economic downturn. The market is good more often than it is bad.
We do not need more government regulation. Government regulation and abandonment of free market principles is what got us in this mess. The government forced lending institutions to make loans that people were never going to be able to pay. That is too much government intervention. Everywhere governments meddle in the free market there is turmoil.
The politicians in DC have spent billions of dollars on bailouts already and there are trillions of dollars that they refuse to tell what it was spent on or who it went to.
More bailouts and more spending means that we have to borrow more money. China already has billions of dollars invested in our government and they are discussing investing billions more. When the bill comes due we are going to be in even greater trouble. We just don’t have the money.
Obama admitted that tax cuts are a stimulus for the economy. Now he needs to learn the second part and that is cutting government spending. If we cut the spending then we will reduce the deficit and things will gradually work back to normal.
I recommend we do not pass the stimulus package. The government is spending well beyond its means and that is a recipe for disaster.
Just ask any of the people who got loans they could not afford when the government forced lending institutions to lend them money.
Is it any wonder that people in this country live beyond their means? Their government is leading by example.
Source:
CNBC
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Tags: depression, economic stimulus, Obama, recession, tax cuts