Showing posts with label Financial. Show all posts
Showing posts with label Financial. Show all posts

Thursday

Four Years, and Six Trillion ago... We've heard all of this before.... (Geithner Video)


Geithner: "Raise Rates or We’ll Go Over the Cliff" whitehousedossier.


UPDATE: Harry Reid declines to bring a vote on Obama’s cliff plan. [Read]
Reid blame Republicans, but neither Democrats (nor Republicans) support the Obama Cliff plan.

HT: whitehousedossier

Still no budget... Four years later, the same people are still chipping away at the economy...
Offering a [complete bailout] to voting states, who kept them in... Leaving the rest of us, challenged to sustain their not only their impossible campaign promises; but a mi-rad of ill-timed Taxes...

75% of these Taxes are poised to hit small business/ Middle-class...

Nobody is impressed.



Rep Paul Ryan weighs-in on (more) BO "campaign trail" disinformation:.. (Video)

-Posted by D.C. Worth, for Barbay (France/US)


Extracting capital from the private sector, rather than empowering capital producing measures; has actually resulted in 'ramped-up' deficits & reduced capital.. Driving our Nation to stagnate/negative growth...



Great American Leader, WI (R) Rep Paul Ryan, corrects the latest statements made from the Obama Campaign trail... Reminding that if spending were the key, we'd be living in the Golden Age. :D



PERSONAL NOTE: If one were intent upon extracting $5Trillion from the economy... Democrats should've used it to stabilize property valuation, by paying off up-right mortgages....

Banks would have been capitalized, Real Estate market would have continued to function... And many Americans would've been in better position to reduce the scope of struggling mortgages; by preventing the MASS foreclosures, under Obama's leadership...

Instead, they bailed-out voters..
(Many of which proceeded to default again.)


Monday

Rep Ryan gives another ‘Obama Advisor’ schooling on private capital investments vs gambling w/ Tax-payer funds… (Video)

-Posted by D.C. Worth, for Barbay (France/US)

Leftist follow with discussions about OBL: 1, 2, 3...

ht lonelyconservative



-Content protected in accordance with [Lenz v Universal] FAIR USE
Historical Archive Content / non-commercial use



Thursday

Democrat 'no shows' for Budget Committee they control... Of course, they still think Bush is President! ...(Video)

-Posted by D.C. Worth, for Barbay (France/US)

-Democrat "Empty Chair" Senate.... [Hotair]
This is about as 'do-nothing' as you can get; as Democrats (again ) skip-out on an important Budget Hearing...

(R) Sen Sessions delivers closing remarks on Sen Dem Majority's 'Deliberate & Determined' Effort To Avoid Budget Votes.
-VIEW VIDEO [HERE]


Three years without submitting a budget, as required by Law...
Instead, they 'tear all Republican proposals, to shreds'...
NOTE: A "budget" would show that they can't give away "FREE $$$"

Today's Links...
Victor Davis Hanson:
- When Administrations Implode-- [Read] @townhallcom

From @biggovt:
Obamacare in Action? Private Practice Shuts Down Citing 'New Regulations': [Story] Va, (D) Sen Jim Webb

Washington Examiner:
Scandals prove government is bloated, corrupt: [Read]

Congress Ready To Pass A Bill With New Restrictions On Traveling, Driving And International Banking [Read]


Wednesday

Govt Stats Show Drilling Permits On Federal Land Down Under Obama; which actually decreased permits by 38%

-Posted by D.C. Worth, for Barbay (France/US)

A Nation's productivity is tied to energy; and Obama's suppression of our natural resources (during a down-turn) has sparked a massive bi-partisan outrage... Americans are now getting inflationary costs handed to them, straight from the Democrat Party...

From predicthistunpredictpast:
-Reminder of the Day: Obama's Drilling Permatorium... [Charts]


While Obama Administration has decreased permits by 38%, Clinton Administration approved drilling permits by 58%, and Bush Administration increased approval of permits, by 116%...

-Go figure Obama Team NBC, CBS, ABC, CNN, MSNBC, NPR, ETC, push the Republican "war on women" story, on page one... Maybe their ratings wouldn't be so LOW, if they'd start covering Obama Admin's... "War on American Productivity."

Today's Links...
From Matt..
ROMNEY LASHES OUT AT 'OBAMA' MEDIA...[Story]
'Many inclined to do president's bidding'...[Read]

UPDATE: Obama Threatens To Veto Highway Funding Bill Unless Keystone Pipeline Provision Is Pulled… [Read]


Saturday

CNBC - Rick Santelli - Taxing the Rich will not Offset the Deficit! ...[4-11-12 / Video]

-Posted by D.C. Worth, for Barbay (France/US)


- Rick Santelli absolutely destroys the premise of [The Buffet Rule!]

Video HT/CommonCents


- I read in the archives of US history, that Government imposed "Salem witch deaths" for those who used herbs to heal a cold! Today, as Government wrongly attacks its (small) and dwindling base of investor/economy-drivers; while (in fact) pulling from its citizens, like ATM Machines...

Not all of the Countries of the world [combined] can afford this "gold-plated" Government monstrosity in the making! ..And as Democrats enlarge it at a RAPID pace.... 2012 can't come fast enough!







Thursday

Zerohedge: US Teacher Pension underfunding increases from $9B, to $64.5B; Christie: "I Will Sacrifice My Career To Take On Teachers Unions"... (Video)

-Posted by D.C. Worth, for Barbay (France/US)


- ZEROhedge facts & figures; as Unions push for more! [Read]

Rainman: Another serious unmentioned problem in Cali is that the gazillion administrators are spiking the hell out of their final year salary....often to make much more in retirement than when they were working... [Read]
Despite newly (WH supported) Vigilante groups, & manufactured MOBS.. I've no doubt Gov Christie WILL tackle this problem.




Friday

Latest discovery: A massive $17 trillion funding gap, found in the Obamacare "Affordable" Care Act... (Video)

-Posted by D.C. Worth, for Barbay (France/US)

We're finally seeing what's in the Obama signature Policy...
Buried beneath false-promises is a glaring reality that cannot be ignored.. Leaving absolutely NO logical way to pay for this bill...

- Today's story: Read
Video/Dailycaller

Personal Note: The people can impact affordable measures through competition, incentives, and less Gov't Regulatory burdens.... But a broke Government that continually compromises sensitive data and wastes Tax-payer funds; is the very nightmare that has made Healthcare unaffordable today!
From Dailycaller:
That $99 trillion in unfunded future expenses is more than five years of wealth generated by the United States, which now produces just over $15 trillion of value per year.

The $99 trillion funding gap is equal to almost 30 years of the current federal budget, which was $3.36 trillion for 2011.

The new $17 trillion funding gap is five times the current federal budget.

Currently, the Social Security system is $7 trillion in debt over the next 75 years, according to the Government Accountability Office.

Also, Medicare will eat up $38 trillion in future taxes, and Medicaid will consume another $2o trillion of the taxpayer’s wealth, according to estimates prepared by the actuarial office at the Centers for Medicare and Medicaid Services.

The short-term cost of the Obamacare law is $2.6 trillion, almost triple the $900 billion cost promised by Obama and his Democratic allies, said Sessions.

The extra $17 trillion gap was discovered by applying standard federal estimates and models to the law’s spending obligations, Sessions said.

For example, Session’s examination of the health care law’s “premium support” program shows a funding gap $12 billion wider that predicted.

The same review also showed the law added another $5 trillion in unfunded obligations for the Medicaid program. Read More
Additional Link From AceHQ:
-The Best Argument For The Unconstitutionality of ObamaCare: #
Mr. Carvin responded that the law actually frustrated individual responsibility. #
"They’re compelling us to enter into the marketplace," he said, but "they’re prohibiting us from buying the only economically sensible product that we would want; catastrophic insurance." [Read]





Wednesday

From "Are you serious?"; to "We have long-believed in judicial review"... Libs respond to Supremes strike against Obamacare Mandate

-Posted by D.C. Worth, for Barbay (France/US)

Whistling a different tune after backroom deals, bribes, crony awards, and kick-backs; where-by Senate Democrats blocked Republican efforts to arbitrate (and/or) to demand immediate public disclosure of provisions in the 2010 health care reform act…
Remembering Pelosi's scornful reply, when asked if the Constitution was considered in her crafting of ObamaCare:
"Are you serious, ARE YOU SERIOUS!!"


Today, during a press briefing in the Capitol, Pelosi said:
"Democrats in the Congress have long-believed in judicial review"; adding:"This is part of our constitutional process, and we respect it," [Read]
Liberals fail to understand that Healthcare is an Insurance pool; where-by adding over 40 to 60M new Insurance recipients; delivers a sharp impact to the premiums of the current insured...

In 2009/10 they refused to address fraud; a key driver, cost/prohibitive in the expansion of additionally insured...

Today's Link...
Dems attempt to "rebrand" the ill-conceived, poorly written [H.C. Bill]

More later...





Americans eager to move to enforce the Limits of Gov’t ; Supremes weigh-in, Fifth Court of Appeals intervene; Rep Ryan’s Path remains the Nation's most sensible! (Videos)

-Posted by D.C. Worth, for Barbay (France/US)


House Dems introduce $3.6 trillion budget plan; would add $6T to deficit...[Read] Today:
"Progressive" House Democrats: [Give Us All Your $$]
Squashing their own narrative; with a Big Fat "growth-destroying" Middle-class Tax-Hike!

Support Rep Ryan, & Choose Prosperity!
Help us fight to reform GOV!
[ProsperityPac]


Rep Ryan has said that we must either tackle these Gov spending challenges, or they're going to tackle us.

In an exclusive video interview with Newsmax.TV, the Wisconsin Republican outlines his plan to save Medicare for future generations...



Today's Links...
Texas [Fifth Court of Appeals] gets a handle on (out of control) "Obama EPA"... Ruling against the unconstitutional writing of the agency's own "regulations" which impacts jobs-kill, while ignoring minor NSR, as set forth in 42 U.S.C. § 7410(a)(2)(C) and § 7410(l). [READ]
More Links...
-VIDEO: Obamacare at the Supreme Court: [Day Two]

-VIDEO: Ryan, Johnson on ObamaCare [Court Fight]

-From Matt: IRONY: Top court embraces case Obama made AGAINST HILLARY...[Dailymail]

It's a Tax, It's Not a Tax. It's Complicated. You Wouldn't Understand... Solicitor General Coughs, Stumbles, Stutters Through Defense...[AUDIO]
Conservatives grill Verrilli on [whether it's a tax or not.]

Sunday

From Heritage.org: A Conversation with Representative Paul Ryan.. (Video)

-Posted by D.C. Worth, for Barbay (France/US)

"House Budget Committee Chairman Paul Ryan addresses the many facets of creating the federal budget, the crucial agenda items that make up the 2013 spending document, and the fundamental policy prescriptions they represent"...[Read]

- Rep Paul Ryan... A Leader, eager to work with all parties.

ht/heritage.org

-As the Media drives the narrative against this Representative...
-IT HAS BEEN OVER 1,000 DAYS, & NO OBAMA BUDGET!

-Only false accusations against Honorable Rep Ryan, which (oddly enough) are later found to be part of B.O./Left's policy!

Today's Links...
From @Heritage:
@RepPaulRyan’s Budget Proposal: A Down Payment on the Common Defense. Read our analysis: [Here]

From @JimPethokoukis:
Using realistic growth forecast, new Ryan budget could balance as early as 2019... [Read]

Dismantling the White House's ridiculous hit on the Ryan Budget: [Read]



Tuesday

$1,300 Per Household to Bail Out Fannie and Freddie

-Posted by D.C. Worth, for Barbay (France/US)


Smartmoney.com Associate Editor Jack Hough breaks down the cost of bailing out Fannie Mae and Freddie Mac....
And why we should get Gov't OUT of the Mortgage Industry!



Today's Links...
- A Shangri-la for Lawyers: Taxpayers Paying $194.4 Million to Defend Fannie&Freddie [VIDEO]..$500M, so far.

The Atlantic...
- No, Democrats: Income Inequality Didn't Cause the Financial Crisis.. [Read]

From B.C… "Banks were required to make subprime mortgages pursuant to the Community Reinvestment Act. In order to provide a market for the resulting subprime loans, Barney Frank and Chris Dodd made FNMA and Freddie MAC buy them.

Economists like Paul Krugman actively encouraged the government to create a financial bubble in mortgage loans. The financial crash was caused by the resulting bad mortgage loans when the bubble burst. It's really not that difficult to understand."


Wednesday

(R) Governor Jindal offers Obama liberals a quick, detailed energy policy... (Video)

-Posted by D.C. Worth, for Barbay (France/US)


-Jindal’s Clinic on How to Talk About Energy Policy [Read]

ht: therightsphere

Gov. Bobby Jindal on Energy from Republican Governors Association on Vimeo.


-VIDEO: Remembering in 2008, as Obama campaigned on $12 gas; when it was slightly under $2.00: [VIEW]
"If Iran decided to shut down the petroleum-rich Strait of Hormuz tomorrow, they believe oil would skyrocket to $300-a-barrel in minutes, a price that one speculator predicted would result in $12-a-gallon gas. $12 a gallon."
More later....


Friday

Tim Geithner to Paul Ryan: "We don't have a definitive solution... We just don't like yours".. (Video)

-Posted by D.C. Worth, for Barbay (France/US)


Not addressing the path, by moving a resolution further down the road... Here-in lies the Democrat Party's approach to confronting fiscal reality and the real threat of insolvency...

Rep Ryan points out to Geithner that the Liberal's current path (according to the CBO) shuts the economy down in 2027...


-A little over 200 days left, until we move USA from the Liberal death spiral, now displaying on the world stage as 'the desperate Austerity' in Greece...

Conservatives (in 2012) will avert the need for EXTREME measures "later"; as we prevent the approaching depletion of Social Security...


-HT: Townhall: The Political Quote of the Year... [Read]




Monday

Bernanke Addresses Economic Impact Of Having No Senate Dem Budget Plan FOR OVER THREE YEARS .. (Video)

-Posted by D.C. Worth, for Barbay (France/US)

-He won't address Parliamentary decisions, but admits the negative effect that uncertainty plays upon the worsening of an economy...

WASHINGTON, February 7—Senate Budget Committee Member Ron Johnson (R-WI) asked Bernanke to share his thoughts on the economic consequences of Senate Democrats failure to offer a long-term budget plan for what will become the third consecutive year...
Video HT via RepRyan

So, what happens when Dem Majority consistently fails to release a Legally required budget...

-WH Underestimated 2012 Deficit by $769.5B--(or 138 %) #

Obama Admin boldly predicted that the federal deficit would decrease dramatically during Obama’s term, dropping from an estimated $1.841 trillion in fiscal 2009 to $557.4 billion in fiscal 2012....

But Obama’s fiscal 2010 budget proposal missed on its fiscal 2012 deficit prediction by $769.5 billion — an error of 138 percent. [Read]

Lefty Media interviews Conservative Leaders on "already known budget"; prior to its release; and then it becomes "Conservatives doombing Obama's success "mime"... Instead of the 138% budget error...


Sunday

Halftime in America: Remy Chrysler Ad Parody...

-Posted by D.C. Worth, for Barbay (France/US)


As BO Admin Globalists continue to use trillions of future US taxpayer obligations to and fund & enrich Crony's International investments... Media chooses a FAT paycheck against Liberty. [Read]

We pay for ADS which look like they are making progress...
-Well, here's the AD they didn't show at the Superbowl...



You can only assume part of the people are stupid; unless the dead ones vote again, and again...




Friday

Paul Ryan & Ben Bernanke Discuss Quantitative Easing

-Posted by D.C. Worth, for Barbay (France/US)


-House Budget Committee Chairman Paul Ryan at a hearing on 2/2/12; asks Federal Reserve Chairman Ben Bernanke:
"Do you measure the effects that these policies have on savers, on people living on fixed income, living on CD's?"

"Are you concerned at all about very, very, low interest payments, that these savers are getting from these kinds of fixed income assets; which are hitting our savings & investment side of the economy... In exchange for helping the borrowing & consumption side of the economy?"



-While the poor can hardly afford to eat... Rep Paul Ryan questions FED policy, and its weight upon over-all well-being of Society...

-More and more Americans see that the left (in charge) love affair with Wall Street comes first; at the sacrifice of growing masses who are simply not pacified by more & more Food Stamps.


Video: Rep Ryan on 'Kudlow Report'; "Dems still negotiating w/ themselves"

-Posted by D.C. Worth, for Barbay (France/US)

Tax Reform, Joint Committee, Democrats still haven't found consensus within their own party; in order to bring-forth decisions from passed Bills, by bi-partisan/Republican Majority House...




Early Friday Update; RANsquawk Video (ZH)

-Posted by D.C. Worth, for Barbay (France/US)


In the US, Dow closes up +339 but off the high of~+439 to 12,208 on the back of EU banks accepting 50% loss on #Greek debt S&P 1284...(27th)

-European Morning Briefing - Stocks, Bonds, FX -- 28/10/11
- ht ZH


-Quick post... Unclear how this will fare, after so much manipulation of the markets... But my choice would have been -debt forgiveness, as structured equally; accompanied by an appropriate reduction in GOV'T spending.

Obviously, pulling from the strength of the economy has not served well in terms of peace, or stability... Exactly what Conservatives have been saying, all along...

- Will post more later...



Thursday

Dems delay Jobs-Bill, push for more restrictions; and then pass China sanction bill, with closed amendment selection

-Posted by D.C. Worth, for Barbay (France/US)

China Manipulations Sanctions S.1619; allows sanctions against China if Treasury Department finds China is manipulating the price of its yuan.

C-SPAN LIVE: [VIEW]

Senate Majority Reid's restrictions on Amendments offered; Leaves concerned Minority Senate, at substantial disadvantage in providing amendments! (R) McConnell's point is rejected, as Reid cites legal procedure as, "the Good Old Days"...(2-3 yrs ago)

Americans who continue to operate businesses in the USA, and (also) in last decade in China; basically: GO UNDER THE BUS...

-Businessinsider: [Read]



-10 Companies That Could Lose In A Trade War With China [Read]
Democrat group laid out 5 positions for YAY; & few for NAY...
(R) McConnell raises a valid concern; Sen Maj Reid uses an odd Iraq, Afghanistan, analogy to deny amendment selection...

Very inconsistent with cloture rules.
Today's Links...
Article Title: George Soros:
Shadow Banking System In China Growing Out Of Control
Link provided: [Here]

Are we doing Soros policy?? If so, WHY?
And was Brussels Bank Nationalized today?


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