QUIT LYING OBAMA AND TELL US HOW BAD THINGS REALLY ARE UNDER YOUR REGIME!

Reuters reports today that pending sales of existing U.S. homes dropped far more than expected in April to touch a seven-month low, a trade group said on Friday, dealing a blow to hopes of a recovery in the housing market.

The National Association of Realtors Pending Home Sales Index dropped 11.6 percent to 81.9 in April, the lowest since September. Pending home sales lead existing home sales by a month or two.  Economists polled by Reuters had expected pending home sales to fall 1.0 percent.

At the same time, Money Magazine reports in this month's issue, that for the long term unemployed, things are still quite grim.  Here is a summary of their findings:

% OF UNEMPLOYED WHO HAVE BEEN OUT OF WORK 27 OR MORE  WEEKS

2008      16.9%

2009      24.4%

   2010      43.9%  

2011      45.5%

So my questions are: 

WHY HAS THE UNEMPLOYMENT RATE JUMPED TO 9.1%?

WHY ARE THERE 14 MILLION UNEMPLOYED WORKERS ON THE WELFARE ROLLS?

WHAT THE HELL ARE YOU TALKING ABOUT WHENEVER YOU SAY THE ECONOMY IS IMPROVING?  

EXPLAIN YOUR BULLSH*T ABOUT HOW THE $850 BILLION STIMULUS BILL WOULD KICK-START THE ECONOMY?

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THE "HYPOCRITE-IN-CHIEF" ONCE AGAIN SHOWS HOW HE EARNED HIS TITLE

Back in 2006, there was a smooth talking Senator from Illinois who took to the Senate Floor and spoke these words in criticism of PRESIDENT BUSH'S economic policy:

"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure...Increasing America's debt weakens us domestically and internationally.  Leadership means that 'the buck stops here.'  Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren.  AMERICA HAS A DEBT PROBLEM!"

That Senator was none other than Barack Hussein Obama, the biggest LIAR AND HYPOCRITE in the history of the presidency (and that includes impeached liar, perjurer, adulterer, Bill Clinton).

So by his own admission, Obummer, by HIS economic policies, is admitting to the country that he is:

1.  A failure at leadership of America,

2  Weakening America domestically and internationally, and

3.  Shifting the burden of HIS bad choices (incompetence) today onto the backs of our children and grand children.

What more need be said about this incompetent BOOB who is way beyond his experience as the administrator of the largest economy in the world.

He should resign immediately if he had any backbone...but he won't because it would mean that he would have to give up his free golf, rides on Air force 1, free travel for him and his family and the discontinuence of his concept of importance to the world. 

Besides, his union and lobbyist puppetmasters won't let him!!!
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HERE'S OBAMA IN HIS OWN WORDS ON DEBT REDUCTION

He spoke these words as the Jr. Senator from Illinois in an attempt to curtail then president, George Bush's, plan for stimulating economic growth.

WHAT A TWO-FACED HYPOCRITE!!!



HEY OBAMA!  WHY DON'T YOU FOLLOW YOUR OWN ADVICE!

All the Senate Democrats also voted "NO" on increasing the debt ceiling.  They all expressed that to do so would be damaging to the country.  Now, of course, THEY FEEL IT WOULD BE GOOD FOR THE COUNTRY!  WTF?

Here's a link to hear Harry Reid's own words as to why it was good to vote NO on raising the debt ceiling:               
  http://youtu.be/ELkbDdPeL7I

I wish I had a photo of a pig sh*tting on his hypocritical face!!!!
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THE TRUTH...According to the Liar-in-Chief. REMEMBER...YOU DON'T KNOW NUTHIN!

Obama  was asked, by the press, if he had ever met Gov. Rob Blagojevich.

Barack   Obama: "I only saw Rod Blagojevich one  time  ... and that was in the stands and from a  distance at a   Chicago  Bears Football   Game."

Rod  Blagojevich, Barack Obama and Richard Daley during a rally in  Chicago , April 16,  2007.    (Photo  Reuters )  


To  understand, you have to understand the world according to Chicago.     While Chicago  is a city in Illinois , it  is almost a completely different country when  it  comes to politics, with a whole  different set of  morals and  language.

There are only  three rules and a Prime   Directive which anybody can  understand.   You don't even need an  attorney to understand them  --and if you  need an attorney, well, you know too much...so look out for Rule  #3!

RULE  #1...No matter  what you see, hear, or do --you don't know anybody and you don't know nuthin!
 
RULE  #2...If you capture something on tape or  camera  -- it doesn't reveal  nuthin!

RULE #3...If you  know what everybody knows in Chicago--well,  you still don't  know  nuthin.
 
The  PRIME DIRECTIVE  in CHICAGO  is:   no matter what the vote, Democrats win the  election.    Now  pay close  attention!

It's  very simple....I'll illustrate.   Remember, you know nothing.

These  two? They don't know each other!  They said they didn't!

The  fellas in this picture. They never actually  met  face to face. What fellas?  We don't  see  nuthin!  

The  guy on the left?  For all you know he's Santa Claus.
 And  the guy on the right... well, he's the Easter Bunny! That's all you need to know.
  
Go to your eye doctor...your eyes are lying to you!   Ca'peesh?

Remember  Jimmy Hoffa?  He knew too much and now, well, now no one knows where he is.
  
 Is the big picture clear?  Not these pictures!   Remember, you've already forgotten them...  

Now, ain't that  simple?    They  don't know each other and they never met!   How is that possible?  'Cause they said so! And don't forget  it!  
 
P.S.  If you pass  this on to your friends, don't forget, you know  nuthin and they will know nuthin. 
 
David Gibson,  M.D. 
Chicago ,   IL
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Way to go Obama, punishing people for their hard work and success.

In just six months, the largest tax hikes in the history of America will take effect.  They will hit families and small businesses in three great waves on January 1, 2011:

First Wave: Expiration of 2001 and 2003 Tax Relief

In 2001 and 2003, the GOP Congress enacted several tax cuts for investors, small business owners, and families.  These will all expire on January 1, 2011:

Personal income tax rates will rise.  The top income tax rate will rise from 35 to 39.6 percent (this is also the rate at which two-thirds of small business profits are taxed).  The lowest rate will rise from 10 to 15 percent.  All the rates in between will also rise.  Itemized deductions and personal exemptions will again phase out, which has the same mathematical effect as higher marginal tax rates.  The full list of marginal rate hikes is below:

- The 10% bracket rises to an expanded 15%
- The 25% bracket rises to 28%
- The 28% bracket rises to 31%
- The 33% bracket rises to 36%
- The 35% bracket rises to 39.6%

Higher taxes on marriage and family.  The “marriage penalty” (narrower tax brackets for married couples) will return from the first dollar of income.  The child tax credit will be cut in half from $1000 to $500 per child.  The standard deduction will no longer be doubled for married couples relative to the single level.  The dependent care and adoption tax credits will be cut.

The return of the Death Tax.  This year, there is no death tax.  For those dying on or after January 1 2011, there is a 55 percent top death tax rate on estates over $1 million.  A person leaving behind two homes and a retirement account could easily pass along a death tax bill to their loved ones.


It was reported that George Steinbrenner's estate will save about $12 million in estate taxes because he died in 2010. 

Higher tax rates on savers and investors.  The capital gains tax will rise from 15 percent this year to 20 percent in 2011.  The dividends tax will rise from 15 percent this year to 39.6 percent in 2011.  These rates will rise another 3.8 percent in 2013.

Second Wave: Obamacare

There are over twenty new or higher taxes in Obamacare.  Several will first go into effect on January 1, 2011.  They include:

The “Medicine Cabinet Tax”  Thanks to Obamacare, Americans will no longer be able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin).

The “Special Needs Kids Tax”  This provision of Obamacare imposes a cap on flexible spending accounts (FSAs) of $2500 (Currently, there is no federal government limit).  There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children.  There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education.  Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year.  Under tax rules, FSA dollars can be used to pay for this type of special needs education.

The HSA Withdrawal Tax Hike.  This provision of Obamacare increases the additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent.

Third Wave: The Alternative Minimum Tax and Employer Tax Hikes

When Americans prepare to file their tax returns in January of 2011, they’ll be in for a nasty surprise—the AMT won’t be held harmless, and many tax relief provisions will have expired.  The major items include:

The AMT will ensnare over 28 million families, up from 4 million last year.  According to the left-leaning Tax Policy Center, Congress’ failure to index the AMT will lead to an explosion of AMT taxpaying families—rising from 4 million last year to 28.5 million.  These families will have to calculate their tax burdens twice, and pay taxes at the higher level.  The AMT was created in 1969 to ensnare a handful of taxpayers.

Small business expensing will be slashed and 50% expensing will disappear.  Small businesses can normally expense (rather than slowly-deduct, or “depreciate”) equipment purchases up to $250,000.  This will be cut all the way down to $25,000.  Larger businesses can expense half of their purchases of equipment.  In January of 2011, all of it will have to be “depreciated.”

Taxes will be raised on all types of businesses.  There are literally scores of tax hikes on business that will take place.  The biggest is the loss of the “research and experimentation tax credit,” but there are many, many others.  Combining high marginal tax rates with the loss of this tax relief will cost jobs.

Tax Benefits for Education and Teaching Reduced.  The deduction for tuition and fees will not be available.  Tax credits for education will be limited.  Teachers will no longer be able to deduct classroom expenses.  Coverdell Education Savings Accounts will be cut.  Employer-provided educational assistance is curtailed.  The student loan interest deduction will be disallowed for hundreds of thousands of families.

Charitable Contributions from IRAs no longer allowed.  Under current law, a retired person with an IRA can contribute up to $100,000 per year directly to a charity from their IRA.  This contribution also counts toward an annual “required minimum distribution.”  This ability will no longer be there.

Read more: http://www.atr.org/index.php?content=jan1taxes#ixzz0scOXJw59
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Liar-in-Chief Promotes His Economic Fantasy...

...while the reality of his efforts is killing the country.   WHAT A TWO-FACED HYPOCRITE!

Obama is pro-growth (of government)
Examiner Editorial
July 11, 2010

President Obama and his top officials embarked on a public relations blitz last past week evidently designed to portray him as "pro growth." All such political PR pushes tend to bear tenuous relationships with reality, but in this case the gulf between the truth and what the politicians are saying is about as wide as the Grand Canyon. Say what he will, Obama's actions since his first day in office have made clear that his business is growing government. On all three basic measures of the size of government -- work force, spending, and taxes -- Obama has stimulated tremendous growth.

Take employment. In the private sector, unemployment stays stubbornly near 10 percent. Obama promised his $859 billion stimulus program would keep private sector unemployment below 8 percent, but his failure to reverse the direction of the economy on this score has been so dismal that he is now left to plead with audiences to remember that "it could be 12, 13 or even 15 percent." The president might as well have conjectured a 20, 22 or 25 percent unemployment rate; it would still just be conjecture. What is real is that, while the jobless rate rises or falls slightly from week to week, there are 7.9 million fewer working Americans today than there were in December 2007.

The story for public sector employment, however, is quite the opposite. At 4.4 percent, the unemployment rate among government workers is almost exactly half that of the private sector. But the insulation of government workers from the market realities that private sector workers face is far from the whole story. The federal work force is expanding, not contracting, thanks to Obama initiatives like a health care program that adds 16,000 new Internal Revenue Service enforcers to ensure compliance with the individual mandate. Between December 2008 and December 2009, the federal government added nearly 100,000 new positions.

And being a government worker in the Obama era can be quite lucrative, too. According to data obtained by the Asbury Park Press via a Freedom of Information Act request, last year, 1.3 million federal employees received bonuses totaling $408 million, up $80 million over 2008. Complete data for the remaining federal workers was not available, but in 2008, the Department of Defense gave $92 million in bonuses to its 687,000 civilian employees. On the salary side, the average annual federal salary is now just under $120,000, compared with $59,909 for the private sector, according to the Census Bureau of Economic Analysis. It is cold comfort to millions of unemployed Americans to hear Obama say he is pro-growth.

Read more at the Washington Examiner: http://www.washingtonexaminer.com/opinion/Obama-is-pro-growth-_of-government_-98138724.html#ixzz0tfRlsFrW
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Obama: Socialist, Liar and now...Egomaniac-in-Chief

Charles Krauthammer, the syndicated columnist based in Washington, commented recently on the "Egomaniac-in-Chief."    He pointed out how Obama habitually refers to Cabinet members and other high government officials as "my" — "my secretary of homeland security," "my national security team," "my ambassador." The more normal — and respectful — usage is to say "the," as in "the secretary of state." These are, after all, public officials sworn to serve the nation and the Constitution — not just the man who appointed them.

It's a stylistic detail, but quite revealing of Obama's exalted view of himself. Not surprising, perhaps, in a man whose major achievement before acceding to the presidency was writing two biographies — both about himself.

Obama is not the first president with a large streak of narcissism. But the others had equally expansive feelings about their country. Obama's modesty about America would be more understandable if he treated himself with the same reserve. What is odd is to have a president so convinced of his own magnificence — yet not of his own country's.
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THE LIARS AND HYPOCRITES STUMBLE AGAIN OVER GEN. PETRAEUS SELECTION

I'm sure you know by now that Obama relieved Gen. Stanley McChrystal of his command of the war in Afghanistan Wednesday because of insubordinate remarks by him and his aides in a Rolling Stone article published earlier this week.  But can you believe that this incompetent boob of a president is replacing McChrystal with Gen. David Petraeus....that’s right, this very same Gen. David Petraeus who was pillarized by the Bush hating senate Obamazombies and it's media minions for being a "sock pocket" for President Bush.

Strangely enough, MoveOn.org, the media face of the far-left, still had this Sept. 2007 ad up as of June 18, according to their Google cache. But if you go to http://pol.moveon.org/petraeus.html now, it’s gone. They kept it there for almost 3 years before taking it down....all of a sudden!

That's curious, wouldn't you say? You should check out the YouTube videos from the 2007 hearings on the viciousness of the Democrats against Petraeus---especially the lecture and grilling of the general by then senator, BO, who didn't even give Petraeus much of an opportunity to respond!  They just hated Bush so much that they were willing to sacrifice the security of our armed forces, and our country, to satisfy their own political ideology.

Now however, the BO media corp is promoting the word "brilliant" to falsify the Liar-in-Chiefs selection of Petraeus!  That's right...can you freakin believe the hypocrisy?  The media myrmidons: Chris Matthews, Olbermann, Schultz, Maddow, NBC,  ABC, CBS, MSNBC, et al, are drooling all over themselves when describing what a "brilliant" move this was by the Presidential Boob.





















George Bush was portrayed as an idiot back in 2007 for nominating Gen. Petraeus (and for everything else he did).  So now they are trying to backtrack to make BO's appointment of Petraeus look like Jesus delivering the sermon on the mount!

So they blame Bush for everything wrong with the BO presidency, but do you see anyone giving Bush credit for picking out the best qualified general to run the war in the middle East?  And now they praise Petraeus for being the second coming of Christ, and have no choice but to acknowledge that Bush was right to appoint Petraeus...BUT THEY  ARE TRYING TO GIVE THE INCOMPETENT ONE ALL THE CREDIT FOR IT!  WHAT BLATANT LIARS AND HYPOCRITES THESE OBAMACRATS ARE!

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