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POPS"One term" Obama's credibility SHOT!!!! Republicans and Democrats saw opportunities to create new sources of campaign contributions by privatizing as many military functions as possible. There are now a large number of private companies that have never made a dollar in the market, feeding instead at the public trough that drains taxpayers of dollars while loading Americans with debt service obligations.
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POPSDrowning in Debt This is from Ross Perot's site (remember him?). One of the comments at the site that I thought was really good: "Our dollar is backed by faith, how much faith is left? Sheesh, they’re going to run out of paper, granted it’s all electronic transfer so maybe not. But man, I just don’t see how catastrophic inflation isn’t a forgone conclusion at this point."
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POPSOakland Mayor Ron Dellums needs to explain tax mess or resign More: The debt owed to this city by Dellums is incalculable and there is nothing but pride - or arrogance - standing between him and a full public disclosure of the facts surrounding his tax problem. Anything short of that constitutes unacceptable behavior by a public official and violates the public contract between an elected official and the constituency the office serves. I tried to reach the mayor for comment - but he declined to speak with me, his press secretary Paul Rose told me. No one has asked Dellums to disclose anything that any other politician in the same set of circumstances wouldn't be asked to explain. If he cannot provide a public explanation for a controversy that has become another national embarrassment for this city, it's difficult to see how continuing in his current position is going to be good for anyone - either him or Oakland's citizens.
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POPS Uncle Sam’s Collections Continue Their Steep Drop It is ironic to say the least that Congress and the Obama administration are glorifying the idea of a “public option” that would ultimately lead to government-run health care while Treasury receipts continue to shrink. If the private health insurance market disappears, so will its taxes. To name just one example, Aetna’s recorded income tax expense on its financial statements for 2005-2008 (including state and local taxes) averaged roughly $900 million per year. Put the company’s health insurance segment out of business, and a large portion of those taxes would stop coming in, digging the country’s and various states’ debt holes that much deeper. The establishment press has paid very little attention to fiscal 2009’s drop of 19.5% in receipts from economic activity, so I expect similar treatment of October’s continuation of the trend. It would appear that they don’t want any unsettling news getting in the way of the statist agenda.
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POPSObama’s Tripling of the National Debt in Pictures In 2009, Washington will spend $30,958 per household "the highest level in American history" and under President Obama’s budget, the figure will rise above $33,000 by 2019. The public national debt" $5.8 trillion as of 2008" is projected to double by 2012 and nearly triple by 2019. Thus, America would accumulate more government debt under President Obama than under every President in American history from George Washington to George W. Bush combined. To put that $1 trillion dollars into perspective, have a look at what it looks like! http://izismile.com/2009/03/10/can_you_imagine_one_trillion_dollars_6_pics.html
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POPSThe Forgotten Depression of 1920 The experience of 1920–21 reinforces the contention of genuine free-market economists that government intervention is a hindrance to economic recovery. It is not in spite of the absence of fiscal and monetary stimulus that the economy recovered from the 1920–21 depression. It is because those things were avoided that recovery came. The next time we are solemnly warned to recall the lessons of history lest our economy deteriorate still further, we ought to refer to this episode – and observe how hastily our interrogators try to change the subject.
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POPSCommon Bankruptcy Misconceptions and Myths Queens New York NYC Are you filing for Bankruptcy?Then there is no need to worry about that. Bankruptcy often seems to be scary and brings a lot of misconceptions. We can look out for some other alternatives to solve our debt problems, but when you do not have other alternative, filing for bankruptcy is a best option. It is for the debtors to ensure that filing a bankruptcy is only safe but not a hindrance to their future.
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POPSHigh court says California can't raid transit funds More: In their latest budget action, the governor and the Legislature approved a plan in July to close a $24 billion deficit, in part by siphoning $138 million from the public transit account to the Department of Developmental Services to pay for transporting developmentally disabled persons to regional centers. The July plan also counted on taking $254 million from public transit to repay transportation bond debt payments. In addition, the plan counted on shifting $622 million in transit funds to the general fund to pay for the previous year's debt service. The refusal of the Supreme Court to hear the appeal could push California's precariously balanced budget immediately into the red. Before losing this lawsuit, the state was already $200 million short.
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POPSGovernment, The Destroyer Of Worlds' Now you can see why President Obama is hell-bent on nationalizing one-sixth of the economy with his thinly disguised health care "overhaul". It helps hasten the destruction of the hated free market system and perhaps capitalism itself.
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POPSTime-Line of The Terror Probe
_ Sept. 9: FBI agents see Zazi drive away from his home in Aurora, Colo., in a rented car. _ Sept. 10: Zazi arrives in New York, more than 1,600 miles away, and stays at a home in Queens. He is stopped by police on the George Washington Bridge_and consents to a random search of his vehicle for drugs. He was allowed to leave. Meanwhile, New York City police detectives meet with Ahmad Wais Afzali, whom they've used as a source before. They show him photos of Zazi and others, and Afzali says he recognizes Zazi. _ On or around Sept. 11: Zazi and his father, Mohammed Wali Zazi, of Aurora, Colo., talk with Afzali by phone about what authorities asked Afzali. Later, Najibullah Zazi tells Afzali he feels like he's being watched. _ Sept. 11: Zazi's rental car is towed for a parking violation, according to Zazi's attorney, Arthur Folsom. FBI agents search the car and find a laptop with an image of nine pages of handwritten notes on how to make explosives, detonators and fuses.
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POPSFor Obama, It's 'My Way or the Highway' he complains: "We are the only advanced democracy on earth ... that allows such hardships for millions of its people. There are now more than 30 million American citizens who cannot get coverage. ... We spend 1 1/2 times more per person on health care than any other country, but we aren't any healthier for it." As to his claimed number of uninsured, e's temporarily removed the illegal aliens to lower the number from 47 million to 30 million. But he's still lying to say 30 million "cannot get coverage." Again, 18 million of these make more than $50,000 a year and can afford health care but choose not to purchase it. And millions more have access to government programs and don't access them, which, incidentally, doesn't bode well for Obama's mandated universal coverage plan. And if he has such bipartisan intentions, why did he spend a significant part of his speech demonizing his opponents and misrepresenting their motives?
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POPSAnd You Thought This Was All About Health Care… by Doug O'Brien and to begin to collect on its political debt. Hot on the heels of the inauguration labor sought to cash its first big check and push the Employee Free Choice Act (EFCA) through Congress to eliminate the secret ballot for union organizing elections and allow strong arm tactics to “recruit” new members by putting a card in front of them and politely asking them to sign it. Poll numbers consistently showed strong opposition among the public to this idea and the administration quickly realized they couldn’t cover this check. But there are always new ways to achieve your objectives when the President is your loyal supplicant. The Service Employees International Union provided an estimated $160 million to the Obama campaign and related political advocacy groups and put thousands of its paid organizers on the streets to stump for Democrats. SEIU’s top recruiting priority is unionizing hundreds of thousands of health care workers across the nation. What better way to get .
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POPSIt Took The Republicans 7 Years To Do What The Dems Have Done In 7 Months . . . P'Off The Independent Center Once they went down this path, they’re going all in here, and you can’t take that bet back.” Couldn’t agree more. The public option made it into too many versions in the House to snuff out without a backlash from the fanatical left. But the realization that we could be heading towards the disaster which is the UK’s and Canada’s crumbling ‘public options’ has woken up the electorate and they will have nothing of it. And it always comes back to how to pay for it, and that sets the target clearly on seniors and their rising ranks of health care consumers. Our naive President let this whole mess get out of control. He did not lead and establish a baseline, he let the wing nuts in Congress run amok, and he got the result he deserves. If anyone is serious about health care reform they will junk the current abominations from the left wing and produce something palatable to the nation. It may not save the Democrats from the voter backlash, but it sure will lessen the backlash
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POPSReasonable Questions For Unreasonable Times - Why are citizens mocked and laughed at when they ask their congressman to read the bills before they vote on them? - Was the cash-for-clunkers program meant to save the earth or the economy? Did it accomplish either? - How did Van Jones, a self-proclaimed communist become a special advisor to the president? - Did President Obama know of Van Jones’ radical political beliefs when he named him special advisor? - The Apollo Alliance claimed credit for writing the stimulus bill"why was this group allowed to write any portion of this bill? - If politicians aren’t writing the bills and aren’t reading the bills, do they have any idea what these 1000 page plus bills actually impose on the American people? - If the ‘public option’ health care plan is so good why won’t politicians agree to have that as their plan? - If town hall meetings are intended for the politicians to learn what’s on our mind"why do they spend so much time talking instead of listening?
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POPSChina's Push for a New Global Monetary Order The Chinese authorities find it hard to explain to its domestic public why a relatively poor developing country is lending so much to one of the world’s most affluent economies. Luo Ping, a director general at the China Banking Regulatory Commission, said “We hate you guys. Once you start issuing $1 to $2 trillion … we know the dollar is going to depreciate, so we hate you guys but there is nothing much we can do.”
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POPSLots of Money If Medicare, Medicaid and Social Security by themselves, required $41 trillion to be put aside in 2008 (and it wasn't of course) where will the money come for a 'public option'? These are UNFUNDED - meaning that the money comes directly out of your paychecks - not the general fund. But if fewer people are working, more people are retired and living longer than ever and programs such as Medicaid are used by illegals - where will the money come from? THIS is why we need to fight the current bills being shoved down our throats. THIS is why we can not be silent. THIS is why we need to get tax and spend and spend and spend liberals out of Washington.
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POPSObamacare Myths and Facts MYTH: Obamacare will make me wait weeks or months for necessary medical procedures. FACT: If you’re waiting that long, then obviously a qualified individual like Barney Frank or Nancy Pelosi decided the procedure wasn’t necessary. MYTH: Obamacare will be financed by cutting Medicare. FACT: Obamacare will be financed by eliminating Medicare recipients. MYTH: While many people will be forced onto the substandard public option, members of Congress will get a separate, much better plan. FACT: They will be on the same plan, but on a much much higher tier than will be made available to the hoi polloi. MYTH: Obamacare will be extremely costly and result in putting the country even further in debt. FACT: There is no confirmation of this, as the solar-powered calculator Obama tried to use to calculate the cost only allowed numbers up to the tens of billions.
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POPSDEBTOR NATION: Geithner Tells Congress to Increase the Debt--Again! Geithner fronts from within the Treasury for the Fed banksters, who tell Congress, what to do. (Remember Geithner was the head of the New York Federal Reserve Bank before Treasury Secretary): "Congress has never failed to raise the debt limit when necessary," Mr. Geithner said. CONSIDER: If you are a debtor, you owe someone, and are under obligation to them. Now ask the question--"who is the U.S. government in debt to?" And there you will find, by logical consequence, the Masters of the government, to whom they must bow. This is non-partisan issue. Republicans in particular should see on the graph what Bush did , largely due to the "war on terrorism", which Obama continues, but now adding socialist government spending too.
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POPSMoney For Nothing Incredibly, the lesson Obama draws from history is that past administrations didn't spend enough..."The real problem was that Roosevelt slowed down on public spending in the first two years," the president said, according to one congressman who was in the room. "If he'd just kept on spending that money, we'd have gotten out of the Depression quicker."
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