Video: Speaker Boehner’s Address to the Economic Club of New York on Jobs, Debt, Gas Prices

1st collector for Video: Speaker Boehner’s Address to the Economi…
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May 10, 2011. Tags: , , , , , , . Economy, Finance, Obama Administration, Politics, Popular Culture, TARP, Taxes, Unemployment Statistics, Wall St. Leave a comment.

Video: Paul Ryan unveils budget ~ Gen X is ready to take some pain, are you?

Rep Ryan on Squawk Box this morning discussing his budget.

Gen X will be the first to hit the new Medicare Premium Assistance Program in 2022.

We always knew it would be us. At this point I am GLAD it is us. The Boomers don’t have the fortitude of their parents and all they do is consume.

Only the Thirteenth Generation aka Gen X, is prepared to sacrifice.

After all, we are used to it. We expected it. Hell, we have been waiting for the other shoe to drop on us since our first experience following Boomers, the Carter years, and then the pain of Volcker slaying inflation during Reagan’s recession. And don’t forget the FICA tax increase we got to pay for Boomers’ retirement, the $$ that is now-gone and which we will have to pay, again.

Fact is, we are a small enough generational cohort that the pols feel comfy shafting us, always have, always will.

Heaven forfend someone should ask the frakkin Boomers to share the pain. They still think they are God’s gift to the world.

So instead of righting the ship immediately, which we could do if the Boomers would give something up, we in Gen X will take the first hit.

So here we are, stepping up, ready to share the burden.

FIX IT NOW. CUT NOW. WE ARE READY.

We are the Eeyores of the current populace and we have always been ready to get the shaft, at least let us do it now so we feel we contributed something meaningful while we got screwed…

and PS-Thank you Rep. Ryan!

Andrew Stiles breaks out some numbers on NRO:

$6.2 trillion — Amount of spending cuts proposed relative to President Obama’s 2012 budget request.

$5.8 trillion — Amount of spending cuts proposed relative to the current CBO baseline.

2008 — Ryan’s plan would bring non-security discretionary spending to below 2008 levels (pre-stimulus, pre-bailout, pre-Obama).

20 percent — Target spending levels (as a percentage of GDP).

$4.4 trillion — Total deficit reduction over 10 years called for under the plan, compared to $4 trillion under Bowles-Simpson and just $1.1 trillion under Obama’s 2012 budget.

$4.7 trillion — Total debt reduction relative to Obama’s budget.

$178 billion — Amount of saving achieved in the Defense Department budget, per the recommendations of Defense Secretary Robert Gates, $100 billion of which would be reinvested, the rest used to reduce the deficit.

$750 billion — Total savings achieved through Medicaid reform, in the form of block grants to states, giving governors greater flexibility in their budgets.

2022 — Year that proposed Medicare reforms would take effect.

25 percent — The top tax rate proposed for both individuals and companies.

18-19 percent — Target revenue levels (as a percentage of GDP), in keeping with historic average levels.

$800 billion — Total amount of tax increases eliminated by repealing Obamacare.

1 million — Private-sector jobs created over the next year.

4 percent — Projected unemployment rate by 2015.

$1.5 trillion — Projected growth in real GDP over the next decade.

$1.1 trillion — Estimate increase in wages over 10 years, yielding an average increase in income of $1,000 per year for each American family.

10 percent — Proposed reduction to the federal workforce over the next three years.

$120 trillion — Total debt reduction by 2050 relative to Obama’s budget.

Update: Oh here we go, Boomers whining about not having enough to live in style in retirement. Cry me a frakkin river dudes, you spent it all and THEN some (and once again Gen X, following your shenanigans, got the 1st 10 yr run with no $$ in stocks) but dont worry your Berbanke is printing just as fast as he can so you can continue to take cruises every spring (until stagflation catches up to us).

Your idiotic brain trust picked out Obama to be POTUS! There are no more resources for you to consume! Jeebus, get a grip!

The 77 million-strong generation born between 1946 and 1964 has clung tenaciously to its youth. Now, boomers are getting nervous about retirement. Only 11 percent say they are strongly convinced they will be able to live in comfort.

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April 5, 2011. Tags: , , , , , , , , , . Economy, Finance, Healthcare, Obama Administration, Politics, Popular Culture, Taxes, Unemployment Statistics, Wall St. Leave a comment.

Weren’t we told Obama is our Spock? ST II WoK ‘The Needs of the Many’ FILK

Shout out to the brave souls who have stayed behind trying to stop the reactors from melting down~

(more…)

March 16, 2011. Tags: , , , , , , , , , , , . Fiction, Film, Obama Administration, Politics, Popular Culture, Rodenberry, Sci Fi, Star Trek. Leave a comment.

How can he sleep when Benghazi’s burnin’? How can he golf when our world stops turnin’?

Update 3/16/11: As we have all feared, Obama’s dithering and the vacuum of leadership in the world that results has allowed Qadaffi to launch what his troops have announced will be the ‘cleansing’ of Benghazi.

…A sample quote via the Journal from a Libyan man who had to flee Ajdabiya with his kids when Qaddafi’s goons rolled into town: “Tell Obama I’m pleading with him—launch just one airstrike here. Prove that Gadhafi was wrong when he said that America only cares about business interests, not human rights.”

Continues after the break:

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March 15, 2011. Tags: , , , , , , , , , , , , . Armed Forces, Economy, Finance, journalism, Labor Department, NAVY, NAVY CARRIER SQUADRON, Obama Administration, Pentagon, Politics, Popular Culture, Taxes, Unemployment Statistics, Wall St. Leave a comment.

Gov. Chris Christie: People are Ready to Hear the Truth

The big man nails it. Lead, follow or get out of the way. The gravy train is over and we will be sharing the pain to get out of this mess.

February 16, 2011. Tags: , , , , , , , , , . Economy, Finance, Obama Administration, Politics, Popular Culture, Taxes, Unemployment Statistics, Wall St. Leave a comment.

New Obama motto: If at first you don’t succeed, spend, spend again. Wants *ANOTHER* $50B in bailouts…

Our sign at the Tax Day Tea Party April 15th '09, now 15 months later and they have no plan other than throwing more money around

Lesson from the massive MISSPENT stimulus not learned. The states didn’t tighten their belts and now they are out of money again.

Calculated Risk:

From Jackie Calmes and Sheryl Gay Stolberg at the NY Times: Obama Presses for Aid to Cities and States

President Obama on Saturday implored Congress to provide more aid to states and cities to blunt “the devastating economic impact of budget cuts” by local governments that imperil the jobs of teachers, the police, firefighters and other public employees.

In a letter to Democratic and Republican Congressional leaders, Mr. Obama said the “mounting employment crisis” in the states “could set back the pace of our economic recovery.” … education secretary, Arne Duncan, has said that without federal aid, up to 300,000 fewer teachers would be in classrooms this fall …

We the people have been IMPLORING Congress to STOP SPENDING for over a year now…

The INCREASE in Medicaid enrollment was UNAFFORDABLE. But in AZ when we tried to ROLL BACK our Medicaid enrollment we were told we will LOSE the FED $ if we do.

This $50B bailout Obama wants represents those same federal dollars, the ones that *aren’t THERE!* Let them vote it down and we can cut the enrollment and start getting back on a sustainable path….

PS in AZ apparently kids of illegal immigrants are dropping out of our overpopulated, bursting with English as a Second Language classes (which courts mandate we fund).

So IOW, less kids right? So we can afford less teachers….keep your money D.C. you’re gonna need it, cuz NO WAY, NO HOW, NO VAT.

…• Mesa Public Schools, the state’s largest unified district, has 67,749 students, and Latino students make up 37.5 percent. It anticipates a decrease of 1,500 students, similar to losses over the past four years. It blames a combination of new immigration laws, including SB 1070, and the recession.

• Paradise Valley Unified District in Phoenix, where nearly a quarter of its 33,431 students are Latino, hasn’t seen a large drop in total enrollment.

“A lot of our students go to Mexico for the summer, and we’re speculating they may not come back,” spokeswoman Judi Willis said. “But we don’t know.”

• Enrollment at Glendale Union High School District, where about half of its 14,940 students are Latino, has held steady, but the number of students signing up for English-language summer school has fallen. High-school districts are less likely to feel the loss because older kids are more likely to stay behind with friends and relatives, said Craig Pletenik, spokesman for Phoenix Union High School, where more than three-fourths of the district’s 25,083 students are Latino. “Our kids are older, and closer to the educational finish line.” The district hasn’t seen a dip in enrollment….

AZ already voted to raise our sales taxes ‘temporarily’, lol, to help Gov Brewer fill the massive hole Napolitano left. Let the states work these matters out for themselves, the way we families do when things are tight. Sorry Unions, we are NOT reimbursing you for the millions you spend in electioneering.

PS Sheriff Joe is still out ENFORCING THE LAWS OF AZ. Betcha the next stat we see drop will be AZ UE rate as AZ Teens find jobs now that they are available to them…

Maricopa County Sheriff Joe Arpaio’s deputies on Saturday served search warrants on two Sizzler steak houses in Phoenix suspected of employing illegal immigrants.

According to a statement from Lt. Brian Lee, deputies arrested nine employees who they believe are using fraudulent identification to gain employment….

…Saturday’s arrests followed a year-long investigation into a tip from a former manager who claims he was fired by the restaurant for being unwilling to hire employees without proper identification, Lee said…

And more state laws are coming:

..We learned recently that state Sen. Russell Pearce, R-Mesa, will propose a law that would deny a birth certificate to any child born in Arizona to non-citizen parents.

Now, along with other legislators, Pearce says he will introduce a law requiring students who are here illegally to pay tuition or be kicked out of public schools.

“They shouldn’t be a burden,” Pearce recently told the Capitol Times. “You don’t have a right to be a non-resident of this state and take advantage of the taxpayers of this state.”…

June 13, 2010. Tags: , , , , , , , , , , , , , . Immigration, Obama Administration, Politics, TARP, Taxes, Unemployment Statistics. Leave a comment.

Charlie Cook: health care reform is Obama’s Iraq War…

The video of the interview we covered here. Everyone can see reality except the Democratic leadership. BUY A CLUE CRITTERS! No means No!

 

more about “Charlie Cook: WH has reality problem …“, posted with vodpod

February 24, 2010. Tags: , , , , , , , , , , . Politics. Leave a comment.

Bloomberg: Obama open to cutting Social Security, hiking taxes on middle class

Well there it is as predicted. h/t AceHQ

Bloomberg:

President Barack Obama said he is “agnostic” about raising taxes on households making less than $250,000 as part of a broad effort to rein in the budget deficit.Obama, in a Feb. 9 Oval Office interview, said that a presidential commission on the budget needs to consider all options for reducing the deficit, including tax increases and cuts in spending on entitlement programs such as Social Security and Medicare.

“The whole point of it is to make sure that all ideas are on the table,” the president said in the interview with Bloomberg BusinessWeek, which will appear on newsstands Friday. “So what I want to do is to be completely agnostic, in terms of solutions.”

As I have been saying since 2007, Obama is the ‘Democrat’ selected to cut Social Security and tax the middle class into oblivion. All the Obots who dedicated webpages to my comments in this regard can cram it like the taxes and benefit cuts we are about to get…frakkers…

…“What I can’t do is to set the thing up where a whole bunch of things are off the table,” Obama said. “Some would say we can’t look at entitlements. There are going to be some that say we can’t look at taxes, and pretty soon, you just can’t solve the problem.”…

Yeah! if you said no taxes on the middle class and no Social Security benefit cuts for the middle class then ‘Pretty soon’ you would sound like a free market, moderate Democrat and we can’t have that can we? Thanks again to the cabal of dunces in the Dem leadership who selected Obama, good luck getting a majority ever, ever, ever, ever again.

If this fool would let the economy GROW we would get out of this hole. Big Dawg cut taxes and GREW revenue!!!! When he increased taxes we were not in a recession, no one in their right mind would do that. Even in his ‘left’ mind Big Dawg didnt do that. My Gawd are these Obama people blinded by their determination to be the anti-Clinton anti-Bush or what?!

Glenn at Instapundit snags one of the hundreds of times Obama lied like a rug on video for us:

February 11, 2010. Tags: , , , , , . Economy, Finance, Obama Administration, Politics, Popular Culture, Taxes, Unemployment Statistics, Wall St. Leave a comment.

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