Friday, August 19, 2011

Obama's Lowlights (8/19/11)

MSNBC – Their new opinion talk show host is no other than race antagonist Al Sharpton. I tried watching the show, but Sharpton can hardly read his lines – pitiful.

Debt Committee – The National Taxpayers Union and the Club for Growth have given grades (0-100%) to all politicians based on how their voting patterns affect economic growth. All of the Democratic Senators on the new Debt Committee failed miserably: Murray scored 6% and 6% respectively; Kerry 6% and 3%; and Baucus 9% and 13%.

Obama Campaign 2012 – With no accomplishments (unless you consider unpopular legislation such as ObamaCare and the Recovery Act a success), many news outlets are predicting that the Obama campaign will be a highly negative one. In other words, they will attack their opponent instead of pointing out administration accomplishments and successes since they have none.

Hillary Clinton – I doubt it will happen, but there are so many liberals disappointed with Obama they are trying to push a Clinton primary challenge.

London – Riots have been escalating over the past month due primarily to government budget cuts. This once again illustrates what happens in an entitlement society.

Afghanistan Victims – Several families of the 20 Navy Seals killed in Afghanistan pleaded with the Pentagon and the White House not to release any photos of the remains at Dover Air Force Base. The photos were released.
Bush Tax Cuts – This was reported by Michael Medved. In an August 8th editorial entitled “The Truth About Taxes” the New York Times finally (if unwittingly) acknowledged Bush reforms weren’t just “tax cuts for the rich.” America’s “Journal of Record” wrote: “Letting all of the cuts expire at the end of 2012 would save $3.8 trillion over the next decade. Letting the tax cuts expire for those making more than $250,000 would save $700 billion.” In other words, 82 percent—82 percent!—of Bush tax relief goes to households earning below $250,000, benefiting the middle class, and poor families who got dropped from tax rolls altogether.

Student Loans – This may be the next financial bubble to burst. With only 15% of college graduates receiving jobs upon graduation the default rate is expected to grow substantially. In fact, student loan debt is now higher than credit card debt in the U.S.

Wisconsin – Democrats, who failed to win the upper house by recalling 6 Republicans, are now trying to find a way to recall newly elected governor Scott Walker.

ObamaCare – The 11th Circuit of Appeals Court sided with 26 states saying the mandate in ObamaCare is unconstitutional.

Consumer Confidence – August numbers were at their lowest point in over 30 years – yes, significantly lower than any point during what the Left referred to as “the lost decade” under President Bush.

My Book: Is America Dying? (Amazon.com, Barnes and Noble)

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