AN INSIGHT INTO THE ABSURDITY OF OBAMA AND HIS ADMINISTRATION

This president is a major FOOL!  Need *more* proof?  Read this story from Neal Boortz.

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Obama to streamline regulations .. yeah, right!

By Neal Boortz

Here’s what Barack Obama’s administration is really good at: Making it sound like he is all for something, but not actually doing anything about it.  Government regulations is a case-in-point … yesterday his administration announced plans to streamline hundreds of hideous government regulations.  This “review” is said to “likely” save $10 billion over five years.  That’s great.  I truly hope that Obama is serious about this and it is carried out in full.  But why should I believe him?

What happened to the executive order Obama issued earlier this year?  Oh you don’t remember that, do you?  At the beginning of the year, Obama issued an executive order stating that all rules “must promote predictability and reduce uncertainty” and “must identify and use the best, most innovative, and least burdensome tools for achieving regulatory ends.”  

Since issuing that executive order, the administration has repealed a whopping one rule.  You may remember that asinine rule .. it was the rule where a spilled milk emergency was treated the same, under the eyes of government, as an oil spill and dairy farmers were required to have emergency plans in case of a spill.  

Seriously!  

So Obama issues this executive order, and the administration repeals one stinking rule.  In the meantime, since the beginning of this year, the administration has proposed 340 new regulations that are estimated to cost us $65 billion .. and this is the just the cost they could estimate based on the rules that actually underwent an economic analysis.  That figure is definitely higher.  So let’s get this straight .. Obama’s new plan is said to save $10 billion over the next five years, so $2 billion a year.  Meanwhile, in this year alone he has proposed $65 billion in new rules.  And we are supposed to be hailing this as a great victory?  I’m not surprised though.  This is the same administration that has increase spending by 25% and then claims that we can’t afford spending cuts.

If Obama was seriously about stimulating our economy, he would do something drastic about government regulations.  Repealing ObamaCare would be a wonderful start.  Imagine if Americans suddenly had $2.8 trillion more money in their pockets to spend and invest .. imagine what that could do for our economy!  Why $2.8 trillion?  That is the amount of money that government regulations are projected to cost U.S. taxpayers each year.  That is money spent complying with government rules and regulations.  This means that the average worker worked 77 days this year just to pay the price of complying with government regulations.

 

By the way .. who manages to weasel themselves out from under the thumb of government regulations?  Union bosses.  Seriously!  Just take a look at how the Obama administration wants to increase regulations, but not on unions.

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WARNING!  The ad for Obama which follows this post is no way an endorsement of BO by this Blog.  We have no say as to the content of the advertising inserted herein, and the BO ad is a reflection of the audacity and stupidity of him and his re-election team.
We consider him to be a bigger liar than Clinton, fundamentally dishonest, and crippling to our economy; he has exacerbated racial tensions, inflamed partisan divisiveness, encouraged class warfare and demonized everyone on the right--especially members of the Tea Party Patriots.
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THE OIL LEAK: Taxpayers SHOULD NOT pick up the tab!

Neal Boortz checks in with this pearl of wisdom.  Freakin Obama never misses a chance to take our money from us.

"The oil spill in the Gulf is a, no doubt, a terrible situation. BP should absolutely pay for its wrong-doing. But now Congress has managed to find a way to eek billions out of the situation in a way that will ultimately hurt the consumers.  Congress is getting ready to quadruple--to 32 cents a barrel--a tax on oil used to help finance cleanups. This will end up raising $11 billion over the next decade.  What Congress fails to realize is that a tax on a company ultimately gets passed down to the consumer. This is essentially taxing Americans, increasing our prices, for the failures of BP.  Maybe it's just me .. but doesn't it make more sense to hold the company responsible for the link accountable? 

Wait ... there's more. This is the first oil leak of this type since Santa Barbara in 1969. That makes 41 years between incidents. With technology constantly advancing, do you really think that the chances for another incident like this in the near future .. let alone in the next 41 years .. are great? But, in the meantime, our government collects it's new taxes? Tell me .. what do you think the government will do with this money? Put it in a savings account somewhere where it can draw interest? Are you kidding me? The money will be spent to buy votes ... and when and if another spill like this comes along the money will be nowhere to be found.

You know I'm right."   And I certainly agree!
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IMPORTANT FOLLOW-UP TO HOW B.O. IS DESTROYING AMERICA

This is a follow-up to my previous post on 2/13.  It is a repost from Neal Boortz this morning and further describes in scary detail what the effects are of BO's reckless  spending spree.

Do we really understand what we're doing to our children, our grand children and future generations of Americans here? Without much fanfare, Barack Obama signed another $1.9 trillion increase in our debt ceiling. So, with this increase our allowable debt ceiling is $14.3 trillion. How much wiggle room does that give us? Our current debt level is still an astounding $12.3 trillion. Will it be weeks or months before The Community Organizer signs yet another increase in our ceiling? 

Taking that $12.3 trillion into consideration ... add up the interest paid on that debt, plus the cost of entitlement benefits like Social Security and Medicare ... and by the year 2020, that spending alone will consume 80% of all federal revenues. That does not include any spending for military or homeland security.

Within the next few years, the national debt is expected to rise to 100% of our GDP. To put into perspective, Greece - which is going through a major financial crisis - currently has a debt equivalent to 124.9% of the GDP.

We'll talk about this more on the show today .. but here's your bottom line. The United States is heading to exactly the place occupied by Greece today. If something isn't drastically changed we'll be unable to pay our bills. There will be nobody left who wants to loan us money. What's more, due to the size of the US economy there will be no bailout from the international community. 

Let's knock off the hubris. The survival of our nation is not guaranteed. American's appetite for government goodies and handouts must be curtailed. We're piling debt upon debt .. and ruin is down the road.
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THIS IS TOO IMPORTANT NOT TO REPOST

Reposted from Neal Boortz's website
http://boortz.com/nealz_nuze/

Why did Bernie Madoff go to prison? To make it simple, he talked people into investing with him. Trouble was, he didn't invest their money. As time rolled on he simply took the money from the new investors to pay off the old investors. Finally there were too many old investors and not enough money from new investors coming in to keep the payments going. Next thing you know Madoff is one of the most hated men in America and he is off to jail.
Some of you know this .. but not enough of you . Madoff did to his investors what the government has been doing to us for over 60 years with Social Security. There is no meaningful difference between the two schemes ... except that one was operated by a private individual who is now in jail, and the other is operated by politicians who enjoy perks, privileges and status in spite of their actions.
Do you need a side-by-side comparison here? Well here's a nifty little chart.

BERNIE MADOFF	SOCIAL SECURITY
Takes money from investors with the promise that the money will be invested and made available to them later	Takes money from wage earners with the promise that the money will be invested in a "Trust Fund" and made available later.
Instead of investing the money Madoff spends it on nice homes in the Hamptons and yachts.	Instead of depositing money in a Trust Fund the politicians use it for general spending and vote buying.
When the time comes to pay the investors back Madoff simply uses some of the new funds from newer investors to pay back the older investors.	When benefits for older investors become due the politicians pay them with money taken from younger and newer wage earners to pay the geezers.
When Madoff's scheme is discovered all hell breaks loose. New investors won't give him any more cash.	When Social Security runs out of money they simply force the taxpayers to send them some more.
Bernie Madoff is in jail.	Politicians remain in Washington.

Now that was just spectacular. I'm guessing nobody has managed to present this situation to you with such crystal clarity before.
OK ... I've understood this scheme for some time now, so just what was it that almost slipped by me? For some time now we've been told that it would be 2016 or 2017 before Social Security started paying out more money than it was taking in. Well ... we're here. In 2009 the economy forced many more people than expected into retirement. These people filed for their Social Security benefits. Last year Social Security durned near ran out of money. The benefits paid almost exceeded the taxes collected. There is, of course, no "trust fund" to go to. That money has been spent. For Madoff that was a crime. For our politicians, it wasn't. Now the chief actuary of the Social Security system says that we're going to "go negative" for the next year or two.
Now the politicians will naturally be looking for a solution. They cause the problem because they just couldn't stand seeing all of that money sitting in the trust fund. They just had to get their hands on it ... and leave behind some IOUs. Now the IOUs are due, and there's no money to pay them off. The solution? Well, they'll probably have to raise the retirement age. Then they may well introduce means testing. They'll tell retiring seniors who have done well with their own retirement plans that they may well lose their Social Security benefits. Can they do that? Oh hell yes they can. There is no federal law which guarantees Social Security benefits to anyone who has been forced to pay the taxes.
Then, of course, they'll try to raise the Social Security taxes. The earnings cap for this year is $106,800. My best guess is that the Democrats will propose a change in the law that allows the current earnings cap to stay, or to possibly adjust it to $100,000. Then they will give all income between $100,000 and $250,000 a year a pass .. then all incomes above $250,000 a year will be taxed with no further caps.
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