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Archive for December, 2011

Obamanomics and tax rates for the rich don’t pass muster

Monday, December 12th, 2011

President Obama has been on the campaign trail for weeks, although he insists his travels and presentations/elaborate fund raisers have nothing to do with getting re-elected. Allegedly, his campaign won’t begin until 2012. Oh, really?!

But one of the most glaring non-factual statements he makes at every opportunity is saying “Some billionaires have a tax rate as low as 1 percent. That is the height of unfairness.” Wrongo buckaroo, and the Washington Post called him on it by asking for supporting data regarding his tax rate assertions about the mega-rich. Hmm, slight snag; the White House couldn’t produce a single document in support of this claim.

I suppose the occupiers don’t really care about the truth or the facts either, merely the ongoing freedom to spout anything that might smack down anyone and anything that isn’t in lock step with their view or the world which appears focused on the continual receipt of “free stuff.”

But not to worry folks, we’re on the right track and all of the current economic problems will mystically work out fine if Obama is elected for a 2nd term. Want to buy a bridge??

Ho-Ho-Ho, to Hawaii we will go!

Wednesday, December 7th, 2011

President Obama and his family will spend the holidays in a private beach-front residence on Kailua, Oahu, for their vacation. Rental costs are $3,500 a day or $75,000 a month according to national travel guides. In fairness, the Obama’s are paying for the rental costs, but that’s it.
Taxpayers will be supplementing an estimated $1 million for additional security and lavish accommodations for the president’s entourage and transportation. This cost is based on estimates from various Hawaiian media outlets.
For instance, the Hawaii Reporter figured the taxpayer bill last year for one Obama vacation in Hawaii to be nearly $1.5 million. He and his family have spent an estimated $6 million dollars on Hawaiian vacations since taking office.
I hope the family can get comfortable in the 7,000-square-foot rental that sports five bedrooms, 5.5 bathrooms, a media room with surround sound, a kitchen created for a master chef, a dining room and great room, a private lagoon-style pool with tropical waterfalls and a lavish island spa with panoramic views of Kailua Bay and Mount Olomana. Not a bad spot to escape the real world.
Hawaii is also on the financial hook; the Honolulu Police Department forked over $228,247 for the president’s most recent visit, according to the Hawaii Reporter, which noted that city taxpayers have never been reimbursed for $350,000 they spent on police overtime for Obama trips during his former campaign trips.
Add to the bill another $1 million dollars for flying Air Force One to Hawaii, and another $140,000 dollars for each U.S. Air Force C-17 cargo aircraft required for transporting presidential limos, helicopters and an array of support equipment, according to the Hawaii Reporter.
We aren’t finished adding to the tab. The Secret Service and Navy SEALs rented a total of six beachfront homes during the president’s 2010 Christmas vacation for between $1,000 and $1,250 a day. Coast Guard personnel also patrol the beach in front of the vacation spot 24/7 with 30-foot speedboats mounted with high-powered firearms along with two smaller boats.
There’s more; approximately two dozen Obama staffers stayed at the Moana Surfrider, a Westin Resort & Spa, on Waikiki Beach last year that costs $350-$450 per night.
Obama promised 300 supporters during his November visit/fund raiser to Hawaii that he would return “shortly” with his family. “It is great to be home, great to feel that Aloha spirit. And Michelle and the girls will be back shortly for Christmas vacation, as we do every year,” he said at that time.

Good to know that everything is in order in Washington to the point that the president can get away for the holidays, unlike the millions of Americans that remain out of work and are struggling to make ends meet from day to day….

Barney Frank rant blames Bush but refuses to acknowledge his failed economic oversight

Sunday, December 4th, 2011

Barney Frank made it crystal clear this morning on the ABC news program “This Week” that he is still out of touch with reality by saying the he had nothing to do with the ongoing economic struggle even though he was supposed to be maintaining oversight on the banks and lending institutions via his senior position on the government’s finance committee. But he refused to talk about his role in the economic downfall and kept attempting to redirect the topic to the ongoing GOP presidential debates and what a great job Obama has done. I wasn’t aware that Frank lived on a beach where he could exist with his head in the sand.

The Bush bashing rants seem to be the only fallback position the high profile Democrats consistently use when they don’t have or want to offer a straightforward answer to a hard question. This is exactly the kind of response the general public has come to expect from “career politicians” and Washington insiders, one that offers long winded rhetoric with virtually no substance or meaningful information provided.

But the good news is Barney Frank will not be running for re-election in 2012. Beltway pundits predict that he will become something he’s beaten down for decades, a lobbyist. This is a more comfortable, stealth-like position to have influence one elected representatives without having to accept any responsibility for his ongoing actions. In effect, this is the job Frank may have been most suited for all along….

 

December 2011
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