CBO: Deficit is $1.8 Trillion Dollars

The CBO has reported that Obama’s budget would put the United States into a deficit of $1.8 Trillion this year.  Even more worrying is that under Obama’s policies the debt would grow to 82 percent of the entire US economy by 2019. This will certainly pose problems for Obama’s proposed $3.6 Trillion budget.

The massive spending needs to stop before we get swallowed up by a black hole of debt. This is not the time to be pushing things like governmental health care, not that there would ever be a good time to institute it anyhow.

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Posted under Economy

Written by admin on March 20, 2009

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Brown Can’t Use Obama’s Gift

I was surprised enough when I heard that President Obama gave Prime Minister Brown 25 DVD’s (Brown gave Obama a pen holder carved from the timber of an anti-slavery ship). Now word is spreading on the news wires that when Brown sat down to watch one of the DVDs, it would not work.

The DVDs that Obama gave are Region 1. Region 1 DVDs will only play on players in the United States and Canada. Brown needed Region 2 DVDs in order to play them in the United Kingdom. So, not only was the gift questionable, it was downright unusable. Perhaps Brown should re-gift them to Hillary Clinton.

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Posted under Foreign Affairs

Written by admin on March 20, 2009

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Moderates: Obama is Not Who We Thought

Moderates seem to be the latest group to discover that Obama was not who they thought. David Brooks entered an Op-Ed in the New York times giving his views on Obama and the direction that unchecked liberalism is taking the country.

While many moderates thought there were good ideas in the plans that Obama had to offer, they did not bank on an administration that refuses to set priorities. Instead of taking trade-offs and working to see bi-partisan solutions through, plans are being rammed through. The result? A budget that puts us in a $1 Trillion a year deficit with no end in sight.

If successful, this new agenda will result in a country further steeped in class envy and even more heavily dependent upon government than it already is. Our country has moved a long way from “Ask not what your country can do — ask what you can do for your country.” Instead we now go directly to the President and ask for him to personally help us. While personal responsibility has been ailing for some time, it seems to be truly dead now.

It seems this is not what moderates had in mind. The change the thought they would get is not the change Obama has been providing. Before anyone gets the impression that Brooks is an outlier, I will point out that Obama’s polling has been dropping rapidly. His approval index today is down to a +4 from a high of +30. Clearly there is some form of buyers remorse among moderates.

Hat tip to The Matthias Chronicles.

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Posted under Media

Written by admin on March 20, 2009

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Battlestar Galactica at United Nations

OK, I have to admit this, I am a nerd and enjoy Science Fiction.  As such I am going to use the fact that this is somewhat political in nature as an excuse to post up this clip. If you don’t watch Battlestar Galactica, this won’t mean a thing to you.

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Posted under Misc

Written by admin on March 19, 2009

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Followup on Chris Dodd and AIG

A reader yesterday was trying to suggest that Chris Dodd was innocent on the “Chris Dodd Amendment” that allowed the bonuses at AIG to go forward. After his initial denial, Chris Dodd has come out and admitted that he was the one that put the amendment in. Hopefully this video will set the record straight. Hat tip to Vulcan’s Hammer.

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Posted under Economy

Written by admin on March 19, 2009

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