Friday, May 1, 2009

LET'S TALK GOVERNMENT 101

Did you watch President BO's 100 Day Press Conference?

I watched it.

I thought it was pure, essence of BO.

Here's what I mean.

Do you know how money is appropriated for spending in the United States?

House and Senate Budget committees each develop budget resolutions, which provide spending limits for the House and Senate Appropriations Committees' subcommittees, which then approve individual appropriations bills to allocate funding to various federal programs.

Then the president may sign the bill, allow the bill to become law without his signature or he may veto the bill, which must then go back to the lawmakers who may override the veto, with enough votes.

At his press conference last night, President BO said the following:

"Number one, we inherited a $1.3 trillion deficit.... That wasn't me."

Do you know who established the budget that was in effect when President BO took office?

The Democrat majority Congress and Senate. Well...that's who was in the Senate and Congress! Y'all won...remember?

Do you know who was part of the majority Democrat Congress and Senate when that budget was voted on by the law makers?

Barack H. Obama.

So the $1.3 trillion deficit that President BO "inherited" was the very budget THAT HE HELPED VOTE INTO EXISTENCE!

Therefore, when he says, "...That wasn't me," he is either forgetful or lying.

Truth is, THAT WAS HIM.

He inherited HIS OWN BUDGET DEFICIT!!

Liberals are fond of blaming the budget deficit on President Bush, but he didn't get to cast one single, solitary vote. Only the lawmakers can do that.

President BO went on to say: "Number two, there is almost uniform consensus among economists that in the middle of the biggest crisis, financial crisis, since the Great Depression, we had to take extraordinary steps."

OK. Let's put things in perspective.

During the Great Depression there was 30+% unemployment.

Today, there is, most pessimistically, 10-12% unemployment.

Which is greater, 30% or 10-12%?

The truth is, we are not yet even half-way to the unemployment of the Great Depression.

President BO said, "So you've got a lot of Republican economists who agree that we had to do a stimulus package and we had to do something about the banks."

Fact is, no economist worth his/her salt bases his/her economic outlook on being either a Republican or a Democrat.

Fact is also that most economists who identified themselves as Republicans did NOT agree that we HAD to do a stimulus package or that we HAD to do something about the banks.

When Republicans testified before congress that there were problems with Fannie Mae, Freddie Mac and the banks and that we needed to establish (or re-establish) governmental regulations over them, they were ridiculed by the Democrat leadership.

President BO went on to say, "Those are one-time charges, and they're big, and they'll make our deficits go up over the next two years."

They WILL go up over the next two years; the next three years, too. And the next four years. In fact we are saddling our great grandchildren with this Obama led deficit, which will only be relieved when 100% of our earned income goes to the government.

Speaking about health care, the swine flu and other health issues, President BO said, "I think one basic principle that we know is that the more we do on the (disease) prevention side, the more we can obtain serious savings down the road. ... If we're making those investments, we will save huge amounts of money in the long term."

Check out what the New England Journal of Medicine wrote: "...sweeping statements about the cost-saving potential of prevention, however, are overreaching...although some preventive measures do save money, the vast majority reviewed in the health economics literature do not."

The Congressional Budget Office, back in December, found that increasing preventive care "could improve people's health but would probably generate either modest reductions in the overall costs of health care or increases in such spending within a 10-year budgetary time frame."

The last thing I want to bring up is President BO's statement: "My hope is that working in a bipartisan fashion we are going to be able to get a health care reform bill on my desk before the end of the year that we'll start seeing in the kinds of investments that will make everybody healthier."

Democrats have effectively killed the opportunity for "bipartisanship" by denying Republicans the normal right to block health care with a Senate filibuster.

Fact is, the Democrats can pass anything they want to without a single Republican vote, if they can get their own act together.

The whole One-Hundredth Day speech was rife with "don't blame me...blame Bush," and "we're going to obligate you for as much as we can so we can take as much of your money as we can."

That's probably what you liberals had in mind when you (with a little help from your wishy-washy RINO friends) elected BO to office, yes?

8 comments:

Susannah said...

Nope, I didn't watch. I can't stand to listen to him talk. Sorry, but no can do. It just makes me angry - what he's doing to our country & blaming it on Bush. (Will that NEVER get out?)

Excellent post, here, friend. Thank you & happy May!

snaggletoothie said...

Joe
Great post. One of your better ones. I love prose that is so clear, to the point, easy to read yet full of info.
Keep writing. After wading through the lies and distortions of the MSM for years now I have become convinced that historians will only be able to write an accurate history of these dark days of censorship by reading blogs.

My Blog said...

YES! Great Post Joe.

Anonymous said...

Right on, Joe this really is a great post.. Great job..

Tom said...

No, it wasn't BO - it was more BS...

Joe said...

Susannah: Thank you. Happy May to you, too!

snaggletoothie: Thanks. MSM has lost its way. And they are too self-agrandized to see it.

My Bolg: Thanks for your kindness.

DD2: Thaks to you, as well.

Tom: You're referring, of course, to Barbara Streisand?

Pasadena Closet Conservative said...

I wish he would just put one foot in the front of the other, admit that he's on a learning curve, and move on. Wouldn't that be refreshing?

Joe said...

PCC: Like a sweet Carribian breeze blowing through.

But it won't happen.