Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts

Monday, April 18, 2011

'Negative' Rating for U.S. Debt Sends Jolt Through Capitol Hill Debate on Debt Ceiling

No matter how grim the outlook, democrats and obama want to continue spending. The only way they can figure to have more money to spend is to raise our taxes. It never even occurs to them that we can't afford it. Our montly gasoline bill has increased by over $300 bucks a month. If this keeps up it won't even pay to go to work.

If more people don't keep after their congress critters about the budget and the deficit, we are going to go from real trouble to whatever is worse than that. My representatives are sick of me. They hear from me waaay more often that they are comfortable with.

Write them folks, let them know we have to fix this stuff NOW. Not in 2012, not in 2016, NOW. We can't afford to kick this can down the road any longer. I will stand behind those willing to make the tough decisions, even if it is painful.

Remember though, we don't have a revenue problem, we have a spending problem...

From FoxNews

The United States' latest fiscal standoff -- an intensifying impasse over whether to raise the federal debt ceiling -- got a sudden jolt Monday when a top credit rating service expressed pessimism at D.C.'s political will to solve the debt crisis.

It remained unclear whether Standard & Poor's decision to change its outlook on U.S. fiscal health over the next two years from "stable" to "negative" would prompt the White House and Congress to agree on a debt fix. But it certainly prompted both sides to affirm they are serious about the issue.

“Serious reforms are needed to ensure America’s fiscal health," House Majority Leader Eric Cantor said in a written statement, calling S&P's announcement " a wake-up call to those in Washington asking Congress to blindly increase the debt limit."

Republicans have called for attaching spending reductions to any increase in the debt limit, which nearly has been reached at over $14 trillion, but the White House has warned that failing to increase the limit in the coming months could be ruinous for federal finances and the economy as a whole, because the nation's creditors may lose confidence in the United States' ability to pay its debts.

S&P's announcement sent stocks tumbling Monday, but White House Press Secretary Jay Carney downplayed it, saying the political process will outperform the agency's expectations.

The Obama administration also acknowledged that there is increasing agreement on the scope of the problem.

"Both political parties now agree that it is time to begin bringing down deficits as a share of GDP," Mary Miller, assistant secretary for financial markets at the Treasury Department, said in a written statement. "We believe S&P's negative outlook underestimates the ability of America's leaders to come together to address the difficult fiscal challenges facing the nation."

Not everyone is convinced that raising the debt ceiling is necessary, even with strings attached.


Read the rest at the link above...

Thursday, April 14, 2011

Are you fucking kidding me?

Go read the rest of Wirecutter's rant at Knuckledraggin my life away. He makes a lot of very good points. obama asks, no demands, that we get back on a path that will pay down our debt. This is the same asshole that forced obamacare on us. The single biggest piece of economy killing, job killing legislation ever devised. The same asshole that has increased our debt by 5 TRILLION DOLLARS in half a term as president. The very same asshole that wants to tax the very businesses that employ millions of hard working Americans.

obama would like for you to believe that the Republicans are some how responsible for the mess we are in. That's great, it just isn't true. Before the 2010 elections, the democrats controlled the purse strings for about four years. And let's also remember that democrats controlled the house, the senate and the presidency for the first two years of obama's term.

While all of us out here in the real world have had to tighten our belts, washington has remained on a massive spending spree. They have no regard for the effects their actions have on us, or that our children's children will be paying the price or their recklessness for many years to come.

Keep this in mind when obama talks about Republicans starving Grandma and denying sick children needed care, if entitlement spending isn't brought under control NOW, there will be no money for entitlements for ANYONE in the very near future. We can't continue down this path and obama has no plan except to tax us further and play stupid accounting shadow games. Smoke and mirrors will not fix our economy...

By Wirecutter - Knuckledraggin my life away
"We have to live within our means, reduce our deficit and get back on a path that will allow us to pay down our debt," the president said in a speech at George Washington University a few blocks from the White House. - barrack hussein obama
Live within our means? What in the FUCK do you know about living within my means? Any means?

Motherfucker, my bills are constantly one month behind and one jump ahead of a final notice. I shop for clothes at a thrift shop. I buy my tires at a used tire shop. I grow food in my backyard and not because I enjoy doing it. I keep the fish I catch to eat and you have no idea how much that hurts me - I can no longer afford to practice catch and release. I clip coupons. My heat in the house is non-existent (thank God I live in a somewhat temperate climate) and I don't even consider AC until it's above 90 degrees inside. Meat on the weekends is a fucking luxury as is dinner most nights, and yes I have had popcorn for dinner, you bastard. My TV service was cancelled by me months ago and I dearly miss it at times. Coyote hunting? Yeah right. Not so far this year.

And I make 23 bucks a fucking hour here in in Kalifornia. Seriously.

Obama, one week of your lifestyle would give me and my garden-sharing neighbors a life of luxury for a fucking year...

Wednesday, April 13, 2011

Obama Throws Down Gauntlet on Tax Hikes, Republicans Blast Deficit Plan

There is so much wrong with what obama said today that I don't even know where to begin.

Let's start with the obvious, obama is a socialist dumbass who wants to make our Country into Europe. Which is funny because Europe doesn't even want to be Europe anymore.

Another obvious point, well, obvious to anyone with half a brain, we DON'T HAVE A REVENUE PROBLEM, WE HAVE A SPENDING PROBLEM. Why do democrats absolutely refuse to see that you can't spend money you don't have? Many of them are wealthy, so maybe in their personal lives they can spend and spend and never run out of cash. It's not the case for our Country, and they are SPENDING OUR MONEY, not their own.

If obama thinks that taxing small business owners is a good idea, he is even more stupid than I thought, and that's pretty damn stupid. Our economy will never grow, people will never be enticed into starting a business and hiring people as long as democrats keep up this anti-business agenda.

Entitlement spending in this Country is out of control. It has been for a long time. Everyone knows it but nobody, until Paul Ryan, wants to address it. Passing it on to the next bunch has been the way to do it for far too long.

obama thinks that kicking the Republicans in the nuts hard and often is the way to bipartisan legislation? He really is out of touch with reality. His fantasy world is dragging our Country further and further from the path set out by our Founding Fathers. He doesn't give a damn about the Constitution. He proves that almost daily.

I don't know if anyone has addressed the duplicate and triplicate programs that were pointed out a month or so ago, but that would be easy pickings toward reducing spending. If we were to halt all aid to corrupt countries, there is another bunch of money. Haiti and North Korea are examples of this. The governments are so corrupt that any aid money we send them goes right into the bank accounts of the corrupt leaders.

How about all the money we give to mexico to help fight the never ending drug war? Again, it is lining the pockets of corrupt government officials and their flunkies.

At some point, all of these associations need to be examined or we will continue to send American tax dollars to places that it does no good. The tax dollars would be better used here, fixing our own problems.

obama needs to get a taste of reality. If he can't or won't, he needs to hire a czar with some sense, somebody that isn't a thug and isn't from chicago...

From FoxNews

President Obama, outlining his latest deficit-reduction proposal, called Wednesday for both parties to work together to balance the budget and put America on a path toward paying down its debt. But the address left both sides digging in on one crucial issue -- taxes.

In a case of an unstoppable force meeting an immovable object, Obama said he absolutely would not allow tax cuts for those making above $250,000 to be extended.

Republicans said they absolutely would not accept a new tax hike. "Any plan that starts with job-destroying tax hikes is a non-starter," House Speaker John Boehner said in a written statement.

Based on the response of Republican members of Congress -- as well as several likely presidential candidates -- the address may have served to inflame the debate rather than reset it. Tax hikes weren't the only plank in Obama's budget plan, but they generated the most criticism.

"The only concrete proposal that he proposed was raising taxes," House GOP Leader Eric Cantor said afterward. "That solution falls far short of dealing with the kind of crisis that we're facing."

Rep. Paul Ryan, R-Wis., skewered the president's address, accusing him of "exploiting people's emotions of fear, envy and anxiety."

The response previewed a grueling battle as both parties prepare to trudge through a new set of budget issues in the months ahead. The speech also served as an opening argument for the 2012 campaign, and Obama drew a clear line between his long-term budget plan and Republicans'.

In the speech at George Washington University, he positioned his spending plan as a more "compassionate" alternative to one introduced last week by Ryan. He applauded Republicans for putting a plan on the table to address entitlements, but the praise stopped there.

"The way this plan achieves those goals would lead to a fundamentally different America than the one we've known certainly in my lifetime," Obama said, calling the GOP plan "deeply pessimistic." He suggested Republicans were giving up on basic functions of government.

"It's a vision that says if our roads crumble and our bridges collapse, we can't afford to fix them. If there are bright young Americans who have the drive and the will but not the money to go to college, we can't afford to send them," Obama said of the Republican plan. "It's a vision that says America can't afford to keep the promise we've made to care for our seniors."

The president claimed his proposal would cut $4 trillion from the deficit in 12 years or less. He drew several lines in the sand as he explained how he planned to get there.

Accusing Republicans of cutting services to seniors and poor children while cutting taxes for the rich, Obama said: "That's not right, and that's not going to happen as long as I'm president."

The president's proposal would deal with entitlements like Medicare and Medicaid, but avoid the major changes being pushed by Ryan. The president opposes turning Medicaid into a block-grant program for states and making Medicare seniors purchase government-subsidized insurance, as Ryan proposed. Rather, he vowed to make other changes he claims will extract more than $300 billion in savings from those programs over the next decade. Plus he pushed cuts in discretionary spending, including to defense.

But where Obama departed most sharply from Republicans was his call for rolling back the Bush tax cuts for the most well-off Americans -- meaning a tax hike for households making more than $250,000, or the top 2 percent of wage-earners. Republicans and Democrats had agreed to extend all the Bush tax cuts for two years, but Obama said Wednesday, "I refuse to renew them again" for the top tier.

"The most fortunate among us can afford to pay a little more. I don't need another tax cut," he said.

Republicans have roundly opposed a tax hike for anyone and condemned the proposal, before and after the speech.

"The last thing we should be doing is raising taxes on job-creators, entrepreneurs and small business owners across America," former Massachusetts Gov. Mitt Romney, a likely presidential candidate, said in a statement.

Ryan said he was "very disappointed" with the president, calling his speech "excessively partisan, dramatically inaccurate and hopelessly inadequate."

"What we heard today was a political broadside from our campaigner in chief," Ryan said. "Rather than building bridges, he's poisoning wells."

Read the rest at the link above...

Tuesday, April 12, 2011

US deficit up 15.7% in first half of fiscal 2011

Keep these numbers in mind as the budget battles come up. obama and his pet democrats have spent money at levels we have never, ever experienced before. They will continue to spend like that until we run their asses off. We have told them to knock it off. We have begged and pleaded. They don't care. They have no respect and very little concern for We the People. Do you think they will have any concern when we show up at their door with torches and pitchforks?

If Boehner and the Tea Party new guys don't fix this soon, washington may find out just how many of us are pissed off with their inability to control their spending...

AFP

The US budget deficit shot up 15.7 percent in the first six months of fiscal 2011, the Treasury Department said Wednesday as political knives were being sharpened for a new budget battle.

The Treasury reported a deficit of $829 billion for the October-March period, compared with $717 billion a year earlier, as revenue rose a sluggish 6.9 percent as the economic recovery slowly gained pace.

The Treasury argued that the pace of increase in the deficit was deceptive because of large one-off reductions in expenditures made during the first half of fiscal 2010, compared with previous and subsequent periods.

Those included a $115 billion reduction in funds spent on the Troubled Asset Relief Program (TARP) -- the financial institution bailout program -- in March 2010.

But 2011 so far has also seen significant increases in spending on defense, Social Security, health and debt service, while receipts have not grown as fast.

"The jump in outlays mostly owed to a smaller estimated reduction in TARP outlays this year versus 2010," said Theresa Chen at Barclays Capital Research.

However, she said, the trend shows that taxable income is rising at a 6.9 percent annual pace, and individual incomes taxes are up 20.6 percent, "consistent with general economic improvement."

The figures came amid a sharp, politically partisan battle in Washington over cutting spending and raising taxes, with President Barack Obama preparing Wednesday to release his plan for reducing the long-term deficit.

He also faces a looming battle over increasing the country's official debt ceiling, so that the government can continue to borrow to finance the deficit.

Read the rest at the link above...

Thursday, March 31, 2011

Shah: GOP budget would kill 70,000 children

It must have been an amazing amount of research to determin exactly how many little children will die because of our budget deficit. Do you think this shah guy has their names? I mean if he can give the exact numbers, he must have their names and addresses too.

I may be wrong here, but I think our budget deficit has a negative impact on our economy. Which in turn has a negative ompact on our job market. That might explain why so many people in our Country are out of work. democrats 100% refuse to stop spending money, no matter what the cost to our own Country. I don't want to see little poor children die in any country, especially not in ours. Wouldn't it be in the best interest of the entire world for us to fix our broken economy so more people can find a job? A strong United States is in a much better position to help out the countries who need assistance.

By Josh Rogin - FP

As Congress struggles to negotiate a budget deal to keep the government running, the head of the U.S. Agency for International Development (USAID) told lawmakers Wednesday that the GOP version of the budget bill would result in the deaths of at least 70,000 children who depend on American food and health assistance around the world.

"We estimate, and I believe these are very conservative estimates, that H.R. 1 would lead to 70,000 kids dying," USAID Administrator Rajiv Shah testified before the House Appropriations State and Foreign Ops subcommittee.

"Of that 70,000, 30,000 would come from malaria control programs that would have to be scaled back specifically. The other 40,000 is broken out as 24,000 would die because of a lack of support for immunizations and other investments and 16,000 would be because of a lack of skilled attendants at birth," he said.

The Republican bill, known as H.R.1, was passed by the House, and would fund the government for the rest of fiscal 2011. It would effectively cut 16 percent from the Obama administration's original fiscal 2011 request for the international affairs account.

Rep. Jesse Jackson Jr. (D-IL) pointed out that H.R. 1 would provide $430 million for the International Disaster Assistance (IDA) account, which is 50 percent below the president's fiscal 2011 request and 67 percent below fiscal 2010 levels.

Shah said that such a cut "would be, really, the most dramatic stepping back away from our humanitarian responsibilities around the world in decades." The IDA account supports 1.6 million people in Darfur, so halving the account would place 800,000 people at risk, he said...

Read the rest at the link above...

Monday, March 14, 2011

3 Disturbing Images of Obama

Once again, Karl Rove hits the nail on the head. obama's foreign policy or should I say, lack of foreign policy is lessening the United States in the eyes of the world. One would think that he would eventually keep his mouth shut on matters for which he has no head. Instead he continues to spout tough sounding rhetoric with very little substance and no follow up. It is our duty to assist those in Libya seeking freedom. In may not be in the form of troops or an invasion. But a simple no-fly zone would allow the rebels an opportunity to catch their breath and regroup. The airstrikes by the Libyan military keep the rebels on their heels and unable to gain ground.

obama's failure to lead on the budget, again, failure to lead is too light, his failure to participate in the process at all, has made him look foolish and immature. He criticizes, yet he adds nothing of substance to the conversation. The democrats, in return, try to get by with the bare minimum of participation, but thwart any progress by the Republicans. It has created an atmosphere similar to elementary school. The back and forth bickering with nothing being accomplished gives us in the real world very little to be hopeful about. We are not the idiots congress and obama take us for. We see the future of our Country and the financial ruin we are headed for.

obama claims to be uninvolved in the Wisconsin union battle. Yet he sent his pit bulls from organizing for America and makes snide little comments at every opportunity. His involvement runs much deeper than he would have us believe. He is very involved, but his refusal to admit it and show open support have angered many in his union base. He has revealed himself to be a coward on about every front. Just like his days in the Illinois senate voting present.

I'm still amazed that such a man has been able to ascend to such a level. He has no conviction, no strength and no spine. He is unwilling or unable to take a stand on any issue that opponents could use to pin him down. One would think that the president of the United States would do the right thing, always, and the critics be damned. I hope this experiment in socialism has reminded us why it has failed many times and in many places...

By Karl Rove - FoxNews

Last week was a bad week for America because it was a bad week for President Obama.

West Wing politicos may not share that opinion. They seem to think any week during which the president makes a speech or holds a news conference is a good week: Americans get to see the amazing, inspiring Mr. Obama. But three images of Mr. Obama from last week are hardly uplifting.

First, there was the president on Libya -- dithering, indecisive, unreliable, and weak. As Qaddafi’s mercenaries and bombers brutally grabbed back momentum from the democratic opposition, all Mr. Obama could say was, “My national security team has been working…to monitor the situation…to prepare the full range of options…”

If America’s failure to lead allows Qaddafi to snuff out the popular uprising against his dictatorship and regain power, the consequences for the U.S. will be severe. Dictators will know the U.S. president is a pushover. Our allies around the world will be dispirited and our adversaries emboldened.

Then there was the on-going budget battle. The failure of Mr. Obama, Speaker Nancy Pelosi and Senate Majority Leader Harry Reid to pass a budget before the start of the fiscal year last October 1 is an astonishing act of incompetence. They controlled the entire process with wide margins in both houses. Now we are reduced to funding the government of the world’s most powerful nation with continuing resolutions that cover two or three-week periods. And Congressional Democrats are whining it is impossible to cut $60 billion out of a budget that consists of $3.8 trillion dollars.

At a Friday morning press conference Mr. Obama called the failure to pass a budget “irresponsible” and said “the notion that we can’t get resolved last year’s budget in a sensible way…defies common sense.” But he was not passive observer. He’s the president who failed to get his own budget approved by his own party last year.

Then Mr. Obama went on to say of the budget that “it shouldn’t be that complicated…to get this completed.” This came after weeks during which Democratic Congressional leaders criticized the president for providing no leadership, then the appointment by Mr. Obama of Vice President Joe Biden as his personal negotiator on the budget, and Mr. Biden’s almost immediate departure for a weeklong foreign trip. Mr. Obama still refused to get his hands dirty by offering a possible solution.

Then there were the president’s remarks to members of the National Governors Association on Wisconsin, last month, where he cautioned, “I don’t think it does anybody any good when public employees are denigrated or vilified.”

This was a classic Obama straw man. Who exactly is “vilifying” or “denigrating” whom? The president’s intimation was that it was Wisconsin Governor Scott Walker, but Mr. Walker’s tone has been mild, even-tempered, restrained and entirely appropriate.

If there are people who needed a presidential admonishment about civility and respect, they are the protestors who broke into the Wisconsin capital building in a vain attempt to keep the legislature from voting, the protestors who compared Mr. Walker to Adolf Hitler, and the Democratic legislators who fled the state rather than do their duty. But those would be the president’s allies and admonition are only required of his opponents.

When Mr. Obama was in the Illinois State Senate, he had the annoying habit of voting “present” on controversial issues he felt might damage his future political ambitions. -- But at least Mr. Obama showed up then. The president’s refusal now to provide leadership on Libya or the budget and his readiness to score cheap political points with straw man attacks makes his days in the State Senate look like an era of true statesmanship.

Wednesday, March 9, 2011

The Insanity of a $6.1 Billion Dollar Debate

As you may have heard, both the Republican $61 BILLION dollar plan and the democrat joke $6 billion dollar plan were voted down today. Neither of them could even get a majority vote. What this tells me is that neither party has any interest in cutting the deficit.

Like T.L. points out, while these dumbasses were debating the bills, the interest on the debt racked up more than the democrat proposal.

Our Nation has taken out a huge payday loan. I'm sure you are familiar with the tactics those guys use. It is designed to keep you in debt, long term, paying interest and never making any headway on your principal. That's where we are, except we aren't even paying the interest. I put up a link to a debt clock a few days ago. Please, take a minute and check it out. If it had hands on it you could use it as a fan. I know the dollar figures are more than a normal person can wrap their brain around, but it will give you an idea of what kind of trouble we are in. The thing that scares me the most is that the politicians don't seem to get the seriousness of the situation. They just keep spending! We don't have any money! We are borrowing money to pay back money we borrowed! What would happen if you tried that with your family budget?

Go read the rest of this post over at TL in Exile, the link is below...

By T.L.Davis - TL in Exile

The sitting congress and the president should right now, be run out of office, impeached, recalled, physically chased, if that's what it takes. Here's the reason: the congress is right now debating budget cuts. Those who have been in charge for 2 years have run up a deficit of 5 trillion dollars. They did that, the Democrats. They didn't even have the ability to pass a budget. Now, the Democrats argue for budget cuts of $6.1 billion.

The insanity of this debate is this: by the time the congress has argued for cutting the budget for one week, there is a debt accumulation that would wipe out the entire $6.1 billion dollars they are arguing about. At these levels of debt, it is not a one for one effect either. In other words, cutting $6.1 billion dollars does not mean that debt reduction is achieved by any significant amount. $6.1 billion dollars represents less than 1/20 th of 1% of our debt (I am not the best at math) I do know that 1/10 th of 1% of our debt is $14 billion.

Tuesday, March 8, 2011

Freshman Democrat Joe Manchin: Obama has 'failed to lead' on budget

It's amusing when democrats turn on each other. Joe Manchin has an excellent point though, obama isn't a leader. He is a divider. He has forced partisan politics to a level we haven't seen in years. He has set race relations back a good 50 years. Now he is even dividing his own party.

obama has a couple of good excuses on the budget though. One, he is absolutely clueless on how to solve this crisis. His advisors are just as lost as he is. And two, he is addicted to spending, he can't stop. He will never understand that we can't spend our way out of this mess. And all of those TRILLIONS of dollars, they aren't free money. There is no such thing...

By Jennifer Epstein & Scott Wong - Politico

West Virginia Sen. Joe Manchin ripped President Barack Obama on his budget proposals in a Senate floor speech Tuesday, a rare rebuke from a freshman Democrat who clearly is worried about the politics of deficit spending as he faces a tough reelection in 2012.

Manchin charged the president with failing to lead the way in reducing spending, while also criticizing Republicans for offering “partisan” and “unrealistic” budget proposals.

“Why are we doing all this when the most powerful person in these negotiations — our president — has failed to lead this debate or offer a serious proposal for spending and cuts that he would be willing to fight for?”

The full-throated rejection of the president’s spending proposals by a politically vulnerable Democrat is just the latest worrisome sign for Obama and Senate Majority Leader Harry Reid (D-Nev.), who have yet to rally their party around a unified spending plan. Indeed, Democratic leaders are having trouble just keeping moderates on board — Sens. Claire McCaskill (D-Mo.) and Ben Nelson (D-Neb.) also have expressed skepticism that Democrats are willing to cut enough spending to satisfy voters and make a dent in the deficit.

Manchin will vote against both the Senate Democrats’ proposal, which will cut $10.6 billion below current spending levels and the House Republican version of the continuing resolution, which would cut $61 billion. The Senate is expected to vote on both this week, perhaps as early as Tuesday, and neither is expected to pass.

Read the rest at the link above...

Monday, March 7, 2011

$223 BILLION dollar deficit in February...

The federal government posted the largest single month deficit in history in February. $223 BILLION dollars, did you get that number? I said $223 B I L L I O N dollars, in ONE month.

The old record was last February, and that was a mere $220.9 BILLION dollars.

Last month was the 29th straight month that our government ran a deficit. Another record!

obama should be so proud, two records in one month!

Do you have any idea how many generations of our children, grand children, etc. it is going to take to pay back all of the debt obama and the democrats have racked up in the last two years? Me neither, but you can bet your ass it will be several.

Go visit this debt clock site. It will scare the hell out of you. It has a lot of other information on it too, like bankruptcies and forclosures, interest on the national debt, etc. We are in some very bad trouble people...

Sunday, February 27, 2011

1,500 Teachers Paid to Do Union Business While Missing Class

Does this seem right to anyone? I mean, anyone who isn't in a union. Even to union people this should be wrong. Why does a teacher make their entire salary to do only a small portion of their duties? And another teacher has to be paid their full salary to do those duties? Holy crap, what a mess. And it can all be laid at the feet of unions and democrats.

The State of New York is in dire straits financially. The State could be facing $50 billion in budget deficits in 2012. The $9 million that paying teachers not teach is only a drop in that bucket, but damn, you have to start somewhere. If the government of New York took all of these $9 and $10 million dollar wastes of tax dollars and added them up, they would probably be surprised what the total is.

It's the same on a National level. Our Country wastes more money on stupid bullshit every year than they can even count. Matter of fact, I doubt they do count it. There is no accountability at all, none, zip, nada. Of course, when you jump past the BILLIONS and into the TRILLIONS, it's a little more difficult to close that gap, but still, you have to start somewhere...

New York Post

In New York City's funny math, you get only one teacher for the price of two.

The Department of Education pays about 1,500 teachers for time they spend on union activities -- and pays other teachers to replace them in the classroom.

It's a sweetheart deal that costs taxpayers an extra $9 million a year to pay fill-ins for instructors who are sprung -- at full pay -- to carry out responsibilities for the United Federation of Teachers.

With Mayor Bloomberg calling for thousands of teacher layoffs to balance the 2012 budget, critics say it's time to halt the extravagant benefit.

"In these tight fiscal times, it defies common sense to pay two different people to do one job," said Dick Dadey, executive director of Citizens Union, a government watchdog. "It's a waste of money."

That $9 million would cover the salaries of 198 new teachers at the current annual $45,530 starting pay.

The DOE lets 40 experienced teachers collect top pay and fringe benefits, but work just one class period a day.

Under a contract agreement since 2003, the DOE excuses these veterans to work for the UFT -- currently 38 as district representatives and two as union vice presidents. The UFT pays them another salary, plus expenses.

English teacher Tom Dromgoole, for instance, collects top teacher pay, $100,049 a year, from the DOE for his slot at Leadership and Public Service HS in downtown Manhattan. But he is relieved for most of the day to serve as a UFT high school rep. The UFT supplements his salary by $50,461, records show.

Saturday, February 19, 2011

Republicans cutting the budget...

There has been a lot of talk lately about the inability of the Republicans to cut the $100 billion from the budget that they promised.

I look at it like this, anything they cut is 100% more than democrats would have done.

Give them a break people. Let them have an opportunity to dive into this stuff. A lot of these people are brand new. You also have to imagine that they are getting hit by both sides non stop.

We do need to get our fiscal house in order, but we need to do it smart and effectively. It doesn't matter what they do, obama isn't going to agree with it. The big changes will come once we are able to kick obama's ass out into the street...

Thursday, February 17, 2011

Collective bargaining protesters, supporters clash at Statehouse

Agreements with government employee unions is killing state and local budgets all acroos this Country. Unions will never vote themselves a pay decrease or a reduction in benefits no matter how dire the budget situation is. It leaves law makers with few choices, cutting services or raising taxes to meet the budget.

The stranglehold that unions have on governments is going to have to be broken. The budgets of many states are at the breaking point, something has got to give...

By Jim Siegel - The Columbus Dispatch

More than 3,000 enthusiastic supporters and opponents of the Senates proposed collective-bargaining overhaul enveloped the Statehouse this morning with cheers of kill the bill and yes on 5, prior to the latest hearing on Senate Bill 5.

The spacious Statehouse atrium was packed mostly with public union workers outraged at efforts to end collective bargaining for state workers and significantly weaken the ability for local workers to bargain for their pay, benefits and working conditions.

Unions made a strong showing for the bill's first two hearings, and they were joined today by more than 200 red-shirt clad tea party activists pushing for the bill's passage. The mix verbally clashed in the Statehouse rotunda, where each side did its best to drown out the other.

Meanwhile, the atrium had the feel of a rock concert or an Ohio State football game, as union supporters cheered loudly when Senate sergeants-at-arms led their leaders across the balcony and into the hearing room.

More than 50 witnesses are scheduled to testify today. The first dozen or so will be supporters, and then opponents, including police, firefighters and Ohio Highway Patrol troopers' union leaders.

"This is a true test of democracy," said Sen. Kevin Bacon, chairman of the committee hearing the bill, during his opening comments.

The bill is not an attack on the middle class, public workers or jobs, Mike Wilson, head of the Cincinnati Tea Party, told a crowd gathered outside the Statehouse. "This bill is about math. Government has grown bigger than our taxpayers' ability to support it."

Rick Barry, a tea party member from Akron, said of public unions: "Their benefits are so much better than mine and their pay is so much better than mine, but they are still crying."

Wearing stickers that read "Taxpayer defender" and holding signs including those that read, "We're broke. Support SB 5," tea party activists said they wanted to show lawmakers that while they cannot compete with union numbers, there is support for changing collective-bargaining laws.

The group is transitioning from holding politicians accountable to showing support for their actions, said Tom Zawistowski, executive director of he Portage County Tea Party. "We want them to know that if they do it, we will work to keep them in office."

He added: "We don't have any more money. We have to make some hard decisions."

The Highway Patrol did not report any incidents during the morning, though some women standing in the atrium were heard saying they were moving out because things were getting heated.

Union leaders have characterized Senate Bill 5 as an attack on middle-class workers who need the ability to bargain in order to maintain a fair livelihood and uphold standards for safety and education. They also argue that Ohio's economic downturn, combined with tax cuts phased in over the past six years, are to blame for the state's troubling budget situation, not them.

Mark Sanders, president of the Ohio Association of Professional Firefighters, said a review of the law may be justified, and he does not object to attempts to make bargaining more transparent.

"It is our fear that his legislation will destroy 27 years of public safety labor peace," he said. "Collective bargaining has been the only means for firefighters to gain safety standards."

Jay McDonald, president of the Fraternal Order of Police of Ohio, stressed that police departments, including his own in Marion, have made concessions in recent days and years to help deal with declining budgets.

"Collective bargaining and our rights to binding arbitration are fundamental," he said. "We strongly believe the state made a covenant to police in 1983 when the right to strike was eliminated."

McDonald spoke of the work he and his family members have done as police officers, saying they earned their wages. He also questioned how a merit-based system could apply to police officers, who, in part, are "paid to run toward gunfire."

McDonald also couldn't pass up the chance to bring up the controversy over Gov. John Kasich's recent criticism of a Columbus police officer. "Occasionally we enforce a traffic law, and somebody might call a police officer an idiot."

Neither McDonald nor Sanders faced much tough questioning from the committee.

The committee also heard from Kristen Treadway, director of human resources for the city of Gahanna, who was critical of recent binding arbitration the city went through with one of its safety forces unions. She said "we have extreme concerns with the collective bargaining process."

Treadway talked of the struggle to get pay freezes and changes to health insurance as city tax revenue declined 13 percent from 2007 to 2009.

"The cost of bargaining and the cost of continual wage and benefit increases when the city is not growing are not sustainable," she said.

Jeff Berding, a Cincinnati councilman since 2005, urged lawmakers to "make this insanity stop."

He said Cincinnati's personnel costs are growing 18 percent annually. The city's contract with police gives officers an average of $87 an hour for working holidays and can let workers retire with six-figure sums for unused leave, totaling $93 million.

Over the years, Berding said, the collective bargaining law has tilted in favor of the unions. He said once more generous benefits or work conditions go into a contract, "they never come out."

"People are hurting and they are outraged to see these kinds of abuses of their hard-earned tax dollars," Berding said. He added, "I must share with you my disappointment to realize that the union leaders and their members prioritize pay and benefits above averting layoffs."

Sen. Tom Sawyer, D-Akron, told Berding that collective bargaining was implemented to avoid the numerous public worker strikes that were occurring, and it has worked. While things need refining, "clearly this is not a system that is as broken as the system that preceded it."

Addressing a prior witness who also referred to Cincinnati's union contracts, Sen. Eric Kearney, D-Cincinnati, noted that "you make it sound like it just happens miraculously. These things are bargained for. No one was forced to make these agreements."

Wednesday, February 16, 2011

White House Ignores Interest Payments in Claiming to Control Debt

This is classic of the obama administration. Deceit. They figure if they say often and loud that they are working to reduce the national debt we won't worry about the details. Too bad for him that they Republicans got the message we sent last November.

We are not being misled about the budget and the debt. We are being lied to. Just like we were lied to about the actual cost of obamacare. They tell us what they think we want to hear and hide the downside.

Not taking the interest payments into consideration is downright stupid, and expecting us to believe their story should be criminal. These thugs think we are too stupid to see through thier bullshit. Some may be, but not all of us. One of these days, even the hardcore obama supporters will have to admit the truth, the guy is a liar and a thug...

By Judson Berger - FoxNews

The Obama administration's statement that the government will not be adding to the debt by the middle of the decade clashes hard against the facts, Republicans say, leaving officials straining to justify the budget claim they've pushed repeatedly over the past few days.

As it turns out, the administration is not counting interest payments. That means the budget team plans to have enough money to pay for ordinary spending programs by the middle of the decade. But it won't have the money to pay off those pesky -- rather, gargantuan -- interest payments. So it will have to borrow some more, in turn increasing the debt and increasing the size of future interest payments year after year.

So how then, visibly agitated Republicans asked, can the administration claim that its 2012 spending plan sets the country on a course to "pay for what we spend" in just a few years?

"We're still going further into debt, massively," Sen. John Ensign, R-Nev., told White House Budget Director Jack Lew at a budget hearing Tuesday, accusing the administration of "double-talk."

Anyone who gives the budget chart a cursory glance can see the debt will continue to skyrocket under the White House proposal. In fact, the long-term outlook shows the public debt -- which isn't even the entire debt -- soaring from about $11 trillion this year to nearly $19 trillion in 2021. Driving that increase is the fact that annual deficits will never fall below $600 billion.

To justify the administration claim, Lew said the administration was merely referring to "primary balance" -- or federal spending minus interest payments. Lew sought to forgive the public for their confusion.

"The terminology that we use in Washington of primary balance is a little confusing," Lew said.

"It's because I believe it's dishonest," Ensign shot back.

Republicans were understandably befuddled. To put the scenario in everyday terms, it's like a family claiming that they've balanced the family finances, but neglecting to mention that they're taking out a new loan every month to pay off credit-card interest. As a result, the family keeps going deeper into debt.

For an $80 interest payment, that might be manageable. But this is the United States budget. If the government does what the Obama administration is recommending, net interest payments will go from about $200 billion this year to $844 billion in a decade. That's more than the country spends now on Social Security.

White House Press Secretary Jay Carney, at his first official press briefing on the job, used the credit card analogy Wednesday and acknowledged interest rates "have to be contended with."

"But the first important step in dealing with this issue is getting your regular spending and income in balance so that you're no longer adding to the problem," he said. "And interest payments are a major portion of our long term debt problem that we need to address. But it is not an inconsequential deal."

Yet President Obama and Lew neglected to explain this point in their initial statements. Lew, in an interview Sunday on CNN's "State of the Union," said: "Our budget will get us, over the next several years, to the point where we can look the American people in the eye and say we're not adding to the debt anymore. We're spending money that we have each year, and then we can work on bringing down our national debt."

Obama, discussing his budget in Baltimore Monday, said the proposal "puts us on a path to pay for what we spend by the middle of the decade."

In his press conference the next day, Obama went further.

"What my budget does is to put forward some tough choices, some significant spending cuts, so that by the middle of this decade our annual spending will match our annual revenues. We will not be adding more to the national debt," he said.

Pressed to explain this claim, the president hinted at the rationale.

"We've racked up a whole bunch of debt. And there's a lot of interest on that debt," he said. "So in the same way that if you've got a credit card and you've got a big balance, you may not be adding to principal. You've still got all that interest that you've got to pay. Well, we've got a big problem in terms of accumulated interest that we're paying and that's why we're going to have to whittle down further the debt that's already been accumulated."

Under questioning from Senate Republicans Tuesday, Lew acknowledged the government would be adding to the debt by borrowing to pay interest, but still stood by his statements.

"We're getting further in debt ... because of our interest rate," Ensign said.

"Yeah," Lew responded.

Sen. Jeff Sessions, R-Ala., ranking Republican on the Senate Budget Committee, grilled Lew over this disconnect.

"We are adding to the balance, and we're not cutting up the credit card. That's just the fact," Sessions said, calling the administration's claims "misleading."

Lew stood by his claim. "What I said was we're going to stop adding to the debt. Our spending will not add to the debt," he said. "It's an accurate statement."

Sessions disagreed, calling the assessment "not a legitimate way to analyze it."

The website PolitiFact, which tries to sort out politicians' policy claims, analyzed the administration's argument in an article Tuesday and gave it a rating of "false."

The White House later claimed that the debt would not increase as a share of the economy -- that's technically true, given that the public debt would level out at about 76 percent of GDP by mid-decade. But that assumes a certain level of growth in the economy and also assumes the debt, as a figure, will continue to rise year after year. PolitiFact ruled that its "false" rating would remain unchanged, given that Obama did not make that distinction in his press conference.