In the world of politics, particularly when it comes to B. H. Obama, every action that is declared and promoted carries a hidden purpose. This truism is quite evident in today's White House announcement that the anticipated federal employee pay raise for 2011 of 1.2% is not going to happen. The Obama intent is to freeze these automatic raises for a period of two years but to exempt the military from any such freeze.
There could be as many as 2,150,000 civilian federal government employees impacted and all in the executive branch. This "lost" pay raise will, according to Obama, save the American taxpayer close to $6,000,000,000.00 in the next 24 months. This declaration sounds good but it is hardly a "savings". Logic requires that to be considered a "savings" there has to be less money spent than had been expended in the prior budgetary time frame. The Obama plan only holds the line on federal wages so no "savings" is realized. A roll-back on federal salaries would be a potential "savings".
The real purpose of this salary freeze is to give Obama some leverage with members of the House and Senate on the issue of extending only a portion of the Bush income tax rates. These reduced taxed rates are set to expire December 31, 2010. The line from the White House will be, "Look, I did my part and limited the wages of federal employees. This was not a popular move but it was in the best interests of America. Now it is your turn, Republicans and conservatives, to take a little flak, but only from the well-to-do, and cancel the tax breaks for those who make $250,000.00 or more a year."
Weak members of Congress will fall for this line and agree to approve the Obama initiative. Americans who earn $250,000.00 a year will be adversely impacted by a loss in spendable income. The federal employees will not only remain stationary in their income but will also, for the vast majority of them, continue to have a lower federal income tax impact.
Obama needs to be taught a lesson which is that Congress will no longer be his unquestioning ally. The problem is that the "lame-duck" Congress may force at least a pro-Obama compromise.
If our political leaders really want to attack the huge federal deficit, then a small but mandatory wage roll-back is needed which will impact all 2.8 million Americans who draw federal wages, including the military, and all 16.6 million Americans who are state and local government employees.
That would be a "savings", a very unpopular "savings", but a true "savings" for our nation.
Monday, November 29, 2010
Tuesday, November 23, 2010
TOUGH DECISION
It cannot be emphasised enough. The time has come for the Republicans to be resolute in their efforts to stop many if not all of the government programs of B. H. Obama. The first test will be on the issue of individual income tax rates.
On this question of income tax rates, all Americans well realize that the Bush Administration's reduction in tax rates is set to expire on January 1, 2011. If no action is taken by Congress then the old, higher rates will be reestablished and more dollars will fly out of the pockets of tax payers. That is, money will fly out of tax payers' pockets and into the coffers of the federal government. Obama has taken the position that he feels the reduced tax levels should remain only with the individuals who earn less than $250,000.00 per year.
There is a real dilemma.
Our economy remains weak and our indebtedness to foreign nations remains untenable. This fact alone suggests that more tax money is needed to reduce this international debt which is substantially held by Communist China. It is just not in the best interests of America to be heavily indebted to the most powerful Communist nation in the world. The obvious problem is that Obama has shown no interest in reducing this portion or any other portion of our national debt. Additional amounts of any tax income will be utilized by Obama to fund social/economic programs promoting liberalism/socialism/progressivism and not to lower what we owe other nations.
The dilemma continues.
The American economy stinks. It is not, hopefully, getting any worse but it is also not getting any better. To remove any disposable income via taxation from the wallets and purses of Americans can only cause a continuation of the to-near-to-bear economic recession we are currently living through. If there is no money to spend then there is no growth in consumer activity which then puts a halt on increased industrial production as well as new employment. At best we as a nation will stagnate.
This may already be happening in that Washington has announced that in the month of this just past September there was a total reduction in the amount of disposable personal income available to Americans. That reduction was in the amount of $16,800,000,000.00. Less money to spend means only that there is less chance for the economy to grow.
Back to the point. Congress must take the position that ALL tax levels remain the same and make no compromises on this issue with Obama. This Presidential Administration must be shown that when it comes to money, the House of Representatives runs the show. Congress can not surrender even a little to the Obama plans for it will show a weakness and a lack of strong intention to take the lead in national matters.
Most recently Dick Morris wrote, "... President Obama has not learned the lessons of 2010 and likely never will." The new membership of the House of Representatives has to be strong and firmly set the standards and guidelines by which BHO can lead America.
On this question of income tax rates, all Americans well realize that the Bush Administration's reduction in tax rates is set to expire on January 1, 2011. If no action is taken by Congress then the old, higher rates will be reestablished and more dollars will fly out of the pockets of tax payers. That is, money will fly out of tax payers' pockets and into the coffers of the federal government. Obama has taken the position that he feels the reduced tax levels should remain only with the individuals who earn less than $250,000.00 per year.
There is a real dilemma.
Our economy remains weak and our indebtedness to foreign nations remains untenable. This fact alone suggests that more tax money is needed to reduce this international debt which is substantially held by Communist China. It is just not in the best interests of America to be heavily indebted to the most powerful Communist nation in the world. The obvious problem is that Obama has shown no interest in reducing this portion or any other portion of our national debt. Additional amounts of any tax income will be utilized by Obama to fund social/economic programs promoting liberalism/socialism/progressivism and not to lower what we owe other nations.
The dilemma continues.
The American economy stinks. It is not, hopefully, getting any worse but it is also not getting any better. To remove any disposable income via taxation from the wallets and purses of Americans can only cause a continuation of the to-near-to-bear economic recession we are currently living through. If there is no money to spend then there is no growth in consumer activity which then puts a halt on increased industrial production as well as new employment. At best we as a nation will stagnate.
This may already be happening in that Washington has announced that in the month of this just past September there was a total reduction in the amount of disposable personal income available to Americans. That reduction was in the amount of $16,800,000,000.00. Less money to spend means only that there is less chance for the economy to grow.
Back to the point. Congress must take the position that ALL tax levels remain the same and make no compromises on this issue with Obama. This Presidential Administration must be shown that when it comes to money, the House of Representatives runs the show. Congress can not surrender even a little to the Obama plans for it will show a weakness and a lack of strong intention to take the lead in national matters.
Most recently Dick Morris wrote, "... President Obama has not learned the lessons of 2010 and likely never will." The new membership of the House of Representatives has to be strong and firmly set the standards and guidelines by which BHO can lead America.
Sunday, November 21, 2010
INCOME TAX WAR
It continues to amaze and irate me that our national newspaper commentators declare that "all are equal" in America and then do everything possible to erect barriers between economic groups. The most recent of these episodes appeared in a column written by a Washington journalist, David Broder.
In commenting on the income tax issue currently in the headlines, this issue being whether the Bush tax cuts will be allowed to stay in place or be modified or be just allowed to expire, Broder stated, "Only Republicans are holding out for the millionaires to be included." This statement was centered on the desire of Obama and his allies that there be an extension of these currently in place, relaxed income tax rates for everyone except Americans earning $250,000.00 or more a year.
Broder must feel that the national edict that all Americans are created with equal rights and all Americans are to be treated equally just does not apply to "all Americans" if that category includes the wealthy.
But what is wealthy?
The most recent statistics on individual income in our nation shows that only 5% of American workers earns more than $130,600.00 per year and that only 1% of our fellow citizens earns more than $355,000.00 annually. There is no way that an individual with an annual income of $130,600.00 could be rated as wealthy even if that American earns more than 95% of his fellow citizens. It would be just as hard, but maybe not impossible, to impose that "wealthy" label on someone earning just over $355,000.00. But Broder wants to set the "wealthy" standard placed on everyone who earns $250,000.00.
Now comes that threat.
Broder claims that if Republican leaders are not showing that they "are embarrassed by their roles" in trying to help the "rich" and are "in effect daring Obama" to allow the old rates to be revived on January 1, 2011. The point being that you either give in to Obama or you are to be individually blamed for for the tax increase.
So the final position of the liberal/progressive/socialists is for Congress to allow them to punish those Americans who earn more than $250,000.00 a year (class warfare?) with higher income taxes or soon accept the burden that you conservative Republicans caused income taxes to increase for all Americans.
Although it may be hard, Senate Minority Leader Mitch McConnell has to call Obama's bluff.
In commenting on the income tax issue currently in the headlines, this issue being whether the Bush tax cuts will be allowed to stay in place or be modified or be just allowed to expire, Broder stated, "Only Republicans are holding out for the millionaires to be included." This statement was centered on the desire of Obama and his allies that there be an extension of these currently in place, relaxed income tax rates for everyone except Americans earning $250,000.00 or more a year.
Broder must feel that the national edict that all Americans are created with equal rights and all Americans are to be treated equally just does not apply to "all Americans" if that category includes the wealthy.
But what is wealthy?
The most recent statistics on individual income in our nation shows that only 5% of American workers earns more than $130,600.00 per year and that only 1% of our fellow citizens earns more than $355,000.00 annually. There is no way that an individual with an annual income of $130,600.00 could be rated as wealthy even if that American earns more than 95% of his fellow citizens. It would be just as hard, but maybe not impossible, to impose that "wealthy" label on someone earning just over $355,000.00. But Broder wants to set the "wealthy" standard placed on everyone who earns $250,000.00.
Now comes that threat.
Broder claims that if Republican leaders are not showing that they "are embarrassed by their roles" in trying to help the "rich" and are "in effect daring Obama" to allow the old rates to be revived on January 1, 2011. The point being that you either give in to Obama or you are to be individually blamed for for the tax increase.
So the final position of the liberal/progressive/socialists is for Congress to allow them to punish those Americans who earn more than $250,000.00 a year (class warfare?) with higher income taxes or soon accept the burden that you conservative Republicans caused income taxes to increase for all Americans.
Although it may be hard, Senate Minority Leader Mitch McConnell has to call Obama's bluff.
Tuesday, November 16, 2010
A GLANCE AT THE FUTURE
Is the state of Ireland's economy our future?
There are no national financial facts that show anything other than America is facing a terrible economic situation. The national debt is huge and growing daily; unemployment remains at a very high, unacceptable level; and the Obama government is preparing to "buy" some $600 to $950 Billion worth of new Treasury Bonds. These bonds will be purchased with freshly printed, unearned dollars and be used to "stimulate" business in America.
All of these same financial problems are currently being encountered by Ireland and the Irish are failing. The unemployment rate is at 13.7%, a 16 year high. Government bonds can be sold only if the offered annual interest rate is in the range of 8.89%. The leaders of Ireland have recognised the severity of the situation and are acting accordingly. But it may be too little, too late. Michael Mallon, a reporter on the Irish economy recently stated, "... passage of a brutal austerity budget and ongoing fears the Irish deficit and toxic bank debt are simply too huge for the country to handle."
While Ireland tries to implement programs to rejuvenate its economy, quasi-secret meetings are being held by it with representatives of the European Common Market and with agents of the International Monetary Fund (IMF). Both of these entities may soon loan money to Ireland in exchange for control over economic matters. This rapidly approaching economic failure of another European nation (remember Greece) has raised a serious concern in Europe. Just six months ago European leaders were worried about PIIG and how these nations could force terrible consequences on not only Europe but on the whole world.
PIIG? Portugal, Ireland, Italy and Greece.
Recent newspaper headlines have proclaimed "Greek Economics Worse Than Ever" and "Ireland Teetering On Brink Of Ruin" and across the ocean "Argentina Default Narrowly Avoided". All of these statements point to the worsening of these economies. The general view of the impact of these failing nations has been the "... global economy rolling over into stagnation or even recession".
Americans need to quickly reevaluate their national economy as they recently reevaluated who would lead the nation. Washington must cut back on its spending; every state must follow suit; and every citizen must be prepared to "tighten the belt" on household spending. With a good faith acceptance of the reality of the situation, our nation can successfully weather this economic downturn and not jeopardise the basic ideas that have made our nation the envy of the world.
Ireland should be a "bad news" economic example not be be followed by America.
There are no national financial facts that show anything other than America is facing a terrible economic situation. The national debt is huge and growing daily; unemployment remains at a very high, unacceptable level; and the Obama government is preparing to "buy" some $600 to $950 Billion worth of new Treasury Bonds. These bonds will be purchased with freshly printed, unearned dollars and be used to "stimulate" business in America.
All of these same financial problems are currently being encountered by Ireland and the Irish are failing. The unemployment rate is at 13.7%, a 16 year high. Government bonds can be sold only if the offered annual interest rate is in the range of 8.89%. The leaders of Ireland have recognised the severity of the situation and are acting accordingly. But it may be too little, too late. Michael Mallon, a reporter on the Irish economy recently stated, "... passage of a brutal austerity budget and ongoing fears the Irish deficit and toxic bank debt are simply too huge for the country to handle."
While Ireland tries to implement programs to rejuvenate its economy, quasi-secret meetings are being held by it with representatives of the European Common Market and with agents of the International Monetary Fund (IMF). Both of these entities may soon loan money to Ireland in exchange for control over economic matters. This rapidly approaching economic failure of another European nation (remember Greece) has raised a serious concern in Europe. Just six months ago European leaders were worried about PIIG and how these nations could force terrible consequences on not only Europe but on the whole world.
PIIG? Portugal, Ireland, Italy and Greece.
Recent newspaper headlines have proclaimed "Greek Economics Worse Than Ever" and "Ireland Teetering On Brink Of Ruin" and across the ocean "Argentina Default Narrowly Avoided". All of these statements point to the worsening of these economies. The general view of the impact of these failing nations has been the "... global economy rolling over into stagnation or even recession".
Americans need to quickly reevaluate their national economy as they recently reevaluated who would lead the nation. Washington must cut back on its spending; every state must follow suit; and every citizen must be prepared to "tighten the belt" on household spending. With a good faith acceptance of the reality of the situation, our nation can successfully weather this economic downturn and not jeopardise the basic ideas that have made our nation the envy of the world.
Ireland should be a "bad news" economic example not be be followed by America.
Wednesday, November 10, 2010
POLITICAL TRUTH
Election Day results gave conservative Americans the best news they have had in many months. The citizens of our nation had become weary of "good news" from Washington and sent a message to Obama. This message clearly was a promise that his days in the White House were numbered.
Other than the obvious opposition Obama receives as he pushes his socialist/liberal/progressive policies on our country, some conservative political leaders have initiated low-level Presidential campaigns designed to "test the water" for the 2012 elections. One of these individuals is Congressman Mike Pence, a Republican from the 6th district of Indiana.
Recently Congressman Pence spoke at Hillsdale College. In that address he spoke of Obama and stated, "The President is not our teacher, our tutor, our guide or ruler. He does not command us; we command him. We serve neither him nor his vision. It is not his job or his prerogative to redefine custom, law, and beliefs; to appropriate industries; to seize the country, as it were, by the shoulders or by the throat so as to impose by force of theatrical charisma his justice upon 300 million others. It is neither his job nor his prerogative to shift the power of decision away from them, and to him and the acolytes of his choosing."
There is no doubt that Congressman Pence well understands exactly what B. H. Obama is trying to accomplish and the very inappropriate manner in which Obama is pursuing these goals.
Obama is currently on a political tour of the far East, including India, and has again demonstrated his willingness to cater to the whims of foreign nations. Not too long ago while expressing its disapproval of certain American economic policies, Communist China demanded annual meetings with Obama to review what was transpiring in our economy. Obama humbled our nation; agreed to the conferences; and hosted the first one in Washington. One of the outcomes was that Obama promised to assist Communist China in being placed on the board of the International Monetary Fund (IMF). Now Obama has declared that India should be on the Security Council of the United Nations and he would work toward that goal.
Clearly Obama has chosen to ignore that India, like Communist China, may not be our friend and that India participated in a quasi-secret international conference whose only agenda item was how to remove the US dollar as the international monetary standard.
Obama has only one goal and will do anything possible to obtain that goal. If Americans have to suffer a decrease in freedoms and a decrease in their standard of living for that goal to be reached, then Obama is willing to impose those penalties. The goal Obama seeks is for America to be part of an international liberal/socialist/progressive coalition of nations.
The 2012 elections cannot come fast enough.
By the way, more Obama "good news" from Washington. Only 435,000 new applications for unemployment benefits were filed by Americans this past week.
Other than the obvious opposition Obama receives as he pushes his socialist/liberal/progressive policies on our country, some conservative political leaders have initiated low-level Presidential campaigns designed to "test the water" for the 2012 elections. One of these individuals is Congressman Mike Pence, a Republican from the 6th district of Indiana.
Recently Congressman Pence spoke at Hillsdale College. In that address he spoke of Obama and stated, "The President is not our teacher, our tutor, our guide or ruler. He does not command us; we command him. We serve neither him nor his vision. It is not his job or his prerogative to redefine custom, law, and beliefs; to appropriate industries; to seize the country, as it were, by the shoulders or by the throat so as to impose by force of theatrical charisma his justice upon 300 million others. It is neither his job nor his prerogative to shift the power of decision away from them, and to him and the acolytes of his choosing."
There is no doubt that Congressman Pence well understands exactly what B. H. Obama is trying to accomplish and the very inappropriate manner in which Obama is pursuing these goals.
Obama is currently on a political tour of the far East, including India, and has again demonstrated his willingness to cater to the whims of foreign nations. Not too long ago while expressing its disapproval of certain American economic policies, Communist China demanded annual meetings with Obama to review what was transpiring in our economy. Obama humbled our nation; agreed to the conferences; and hosted the first one in Washington. One of the outcomes was that Obama promised to assist Communist China in being placed on the board of the International Monetary Fund (IMF). Now Obama has declared that India should be on the Security Council of the United Nations and he would work toward that goal.
Clearly Obama has chosen to ignore that India, like Communist China, may not be our friend and that India participated in a quasi-secret international conference whose only agenda item was how to remove the US dollar as the international monetary standard.
Obama has only one goal and will do anything possible to obtain that goal. If Americans have to suffer a decrease in freedoms and a decrease in their standard of living for that goal to be reached, then Obama is willing to impose those penalties. The goal Obama seeks is for America to be part of an international liberal/socialist/progressive coalition of nations.
The 2012 elections cannot come fast enough.
By the way, more Obama "good news" from Washington. Only 435,000 new applications for unemployment benefits were filed by Americans this past week.
Monday, November 8, 2010
QE2 IS WHAT?
The elections are over and the immediate problems being faced by our nation are programs that B. H. Obama wants to implement now before the US House of Representatives becomes controlled by the newly elected Republican members. One of these "programs" is QE2 which is formally called Quantitative Easing Part Two.
There was a QE1 and it cost America some $1.75 trillion and in the words of Washington officials it "helped the economy" and allowed the economy to "avoided a depression". Tell that to the millions of Americans who remained unemployed and the millions of Americans who have had their homes foreclosed. You had better be ready to duck.
This new QE program is scheduled to sell, between now and the end of June 2011, some where between $850 and $950 billion of US Treasuries. These funds are going to be used to "further" stimulate the American economy. The most bizarre aspect of this QE program is that the federal government is already designated itself to be the purchaser of these Treasuries. The immediate reaction has to be , "Where is Washington going to get as much as $950,000,000,000.00 to buy these QE2 ?" The answer is easy. The US Treasury is just going to print up those dollar bills.
Washington justifies the creation of this huge debt with the explanation that the QE2 will stimulate the economy; will lower federal expenses by putting Americans back to work; will cause there to be more received in federal tax income; and will thus allow a pay-off of these QE2 Treasuries. More realistic economists just don't see this happening and forecast that high unemployment will be a problem in America for several, maybe many, more years. Worse yet, many sources now have expressed that this QE2 program will accelerate the rise of the ever lurking inflation rate. Ben Bernanke has acknowledged that inflation will rise from 1.5% annually to 2.0% but other pundits are projecting a much more drastic increase of the inflation rate.
QE2 is guaranteed to do nothing but increase our nation's debt (even if it is to ourselves) and place the federal government in a position to exercise more control over more aspects of the American economy. You can be assured that every dollar given or loaned by Washington to a private business will include rules and guidelines that must be adhered to by the receiving businesses. Washington control over the more elements of our economy is further proof of Obama's desire that America be a socialist nation.
With any luck, a new House of Representatives can control these Obama goals but that will not be a reality until January 2011.
There was a QE1 and it cost America some $1.75 trillion and in the words of Washington officials it "helped the economy" and allowed the economy to "avoided a depression". Tell that to the millions of Americans who remained unemployed and the millions of Americans who have had their homes foreclosed. You had better be ready to duck.
This new QE program is scheduled to sell, between now and the end of June 2011, some where between $850 and $950 billion of US Treasuries. These funds are going to be used to "further" stimulate the American economy. The most bizarre aspect of this QE program is that the federal government is already designated itself to be the purchaser of these Treasuries. The immediate reaction has to be , "Where is Washington going to get as much as $950,000,000,000.00 to buy these QE2 ?" The answer is easy. The US Treasury is just going to print up those dollar bills.
Washington justifies the creation of this huge debt with the explanation that the QE2 will stimulate the economy; will lower federal expenses by putting Americans back to work; will cause there to be more received in federal tax income; and will thus allow a pay-off of these QE2 Treasuries. More realistic economists just don't see this happening and forecast that high unemployment will be a problem in America for several, maybe many, more years. Worse yet, many sources now have expressed that this QE2 program will accelerate the rise of the ever lurking inflation rate. Ben Bernanke has acknowledged that inflation will rise from 1.5% annually to 2.0% but other pundits are projecting a much more drastic increase of the inflation rate.
QE2 is guaranteed to do nothing but increase our nation's debt (even if it is to ourselves) and place the federal government in a position to exercise more control over more aspects of the American economy. You can be assured that every dollar given or loaned by Washington to a private business will include rules and guidelines that must be adhered to by the receiving businesses. Washington control over the more elements of our economy is further proof of Obama's desire that America be a socialist nation.
With any luck, a new House of Representatives can control these Obama goals but that will not be a reality until January 2011.
Friday, November 5, 2010
GRIDLOCK
Washington, and by that term I refer to B. H. Obama, was pleased to announce some "good" news today. Still a bit depressed by the results of Tuesday's election results, Obama contended that his efforts on the economy are working as evidenced by the creation of 151,000 new jobs by the private sector during the just past month of October.
Great news but little mention was made of the facts that unemployment remained at an official rate of 9.6% and that this past week 457,000 US citizens made first time unemployment claims.
Several experts on the economy are now projecting that it will take years, as many as a decade, to reestablish an acceptable rate of national unemployment. These estimates were predicted upon a continuation of the Obama economic programs.
Locally, one only has to read the The Courier-Journal to see evidence of the continued decline of the economy. In the Business Watch column of the November 4th edition there were three stories: 1) Papa John's lost $658,000.00 this past quarter; 2) The Courier-Journal laid off 7 more employees in addition to the 44 terminated in July; and 3) Churchill Downs, Inc. lost $689,000.00 last quarter and closed an operational division.
With the national election results still fresh in everyone's mind, a difficult future (the next 2 years) appears to be an unfortunate but accepted fact. Obama is already using the term "gridlock" as a poorly concealed threat. His position is that if the Republicans will be reasonable and compromise then cures to all national and international problems can be reached. His barely hidden sub-message is that all set-backs and even lack of progress in topics from the American economy to health care to international deployment of our military will be the fault of the Republicans. This fault will be because the Republicans refuse to accept even watered down BHO programs.
Conservative Americans must be prepared to "tighten the belt" for a little longer; lobby the Republicans to be firmly opposed to Obama's programs; and prepare for nasty, expensive and derisive political campaigns in 2012.
Great news but little mention was made of the facts that unemployment remained at an official rate of 9.6% and that this past week 457,000 US citizens made first time unemployment claims.
Several experts on the economy are now projecting that it will take years, as many as a decade, to reestablish an acceptable rate of national unemployment. These estimates were predicted upon a continuation of the Obama economic programs.
Locally, one only has to read the The Courier-Journal to see evidence of the continued decline of the economy. In the Business Watch column of the November 4th edition there were three stories: 1) Papa John's lost $658,000.00 this past quarter; 2) The Courier-Journal laid off 7 more employees in addition to the 44 terminated in July; and 3) Churchill Downs, Inc. lost $689,000.00 last quarter and closed an operational division.
With the national election results still fresh in everyone's mind, a difficult future (the next 2 years) appears to be an unfortunate but accepted fact. Obama is already using the term "gridlock" as a poorly concealed threat. His position is that if the Republicans will be reasonable and compromise then cures to all national and international problems can be reached. His barely hidden sub-message is that all set-backs and even lack of progress in topics from the American economy to health care to international deployment of our military will be the fault of the Republicans. This fault will be because the Republicans refuse to accept even watered down BHO programs.
Conservative Americans must be prepared to "tighten the belt" for a little longer; lobby the Republicans to be firmly opposed to Obama's programs; and prepare for nasty, expensive and derisive political campaigns in 2012.
Wednesday, November 3, 2010
GOOD BUT NOT GREAT
The 2010 election returns have now been posted and for every conservative, patriotic, Tea Party citizen of our nation there have to be mixed feelings.
Locally, the Central Kentucky Tea Party secured its two goals with the re-election of Congressman Brett Guthrie and the victory of first time candidate Rand Paul to the US Senate. Both of these men are registered Republicans and conservative in their political views. Obama will find no support from these two Kentucky legislators.
Nationally there is good news from this election with the conservatives (Republicans) retaking of the House of Representatives from the Democrats and many new governors being of the Republican Party. There was so-so news in the form of an increased, but still minority, standing in the US Senate. Unfortunately there also was bad news with voters returned to office notorious Barney Frank and the ultimate liberals, Senator Reid and Congresswoman Pelosi.
Generally the election results gave conservative Americans good news but this new elected leadership will be quickly challenged. Of the three branches of the federal government, the Supreme Court remains conservative and true to the basic principals upon which our nation was founded. The Executive remains occupied by the ultimate example of a liberal/progressive/socialist politician, B. H. Obama. Congress is now divided with the Senate still in the Obama camp and the House firmly against the White House. This situation is absolutely perfect for the federal government to grind to a stop.
This lapse of federal governmental action could be useful in limiting the current level of deficit spending. As of today, Washington spends monthly $125,000,000,000.00 (125 Billion) more than it takes in. If the House stops funding Obama programs, this deficit will have to drop. But stationary government just cannot address and much less solve such issues as unemployment; as the value of the dollar; and the status of the housing market. Unemployment still floats near 10% and the dollar has lost 37% of its value in the past 8 years and since January of 2009 there have been 1,700,000 home foreclosures in our nation.
And then there is Obama.
Just a week ago (October 25, 2010) at a campaign rally our President stated, "We're gonna punish our enemies and we're gonna reward our friends who stand with us on issues that are important to us." These enemies, in Obama's mind, are not foreign terrorists but rather conservative Americans who have had enough of Obama's efforts to move our nation toward a Washington controlled socialist country. Every one of us who voted in yesterday's elections for one of the conservatives who ultimately prevailed can now officially consider themselves an "enemy" of B. H. Obama.
I wear that title proudly.
Locally, the Central Kentucky Tea Party secured its two goals with the re-election of Congressman Brett Guthrie and the victory of first time candidate Rand Paul to the US Senate. Both of these men are registered Republicans and conservative in their political views. Obama will find no support from these two Kentucky legislators.
Nationally there is good news from this election with the conservatives (Republicans) retaking of the House of Representatives from the Democrats and many new governors being of the Republican Party. There was so-so news in the form of an increased, but still minority, standing in the US Senate. Unfortunately there also was bad news with voters returned to office notorious Barney Frank and the ultimate liberals, Senator Reid and Congresswoman Pelosi.
Generally the election results gave conservative Americans good news but this new elected leadership will be quickly challenged. Of the three branches of the federal government, the Supreme Court remains conservative and true to the basic principals upon which our nation was founded. The Executive remains occupied by the ultimate example of a liberal/progressive/socialist politician, B. H. Obama. Congress is now divided with the Senate still in the Obama camp and the House firmly against the White House. This situation is absolutely perfect for the federal government to grind to a stop.
This lapse of federal governmental action could be useful in limiting the current level of deficit spending. As of today, Washington spends monthly $125,000,000,000.00 (125 Billion) more than it takes in. If the House stops funding Obama programs, this deficit will have to drop. But stationary government just cannot address and much less solve such issues as unemployment; as the value of the dollar; and the status of the housing market. Unemployment still floats near 10% and the dollar has lost 37% of its value in the past 8 years and since January of 2009 there have been 1,700,000 home foreclosures in our nation.
And then there is Obama.
Just a week ago (October 25, 2010) at a campaign rally our President stated, "We're gonna punish our enemies and we're gonna reward our friends who stand with us on issues that are important to us." These enemies, in Obama's mind, are not foreign terrorists but rather conservative Americans who have had enough of Obama's efforts to move our nation toward a Washington controlled socialist country. Every one of us who voted in yesterday's elections for one of the conservatives who ultimately prevailed can now officially consider themselves an "enemy" of B. H. Obama.
I wear that title proudly.
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