Happy New Year America from Barack Obama … Turbo Tim Geithner Says US will hit $16.4 trillion debt limit? on New Year’s Eve

An early Happy News Year’s greetings from Barack Obama, according to Obama’s Treasury Secretary Turbo Tax Timmy Geithner, the United States will hit $16.4 trillion debt limit? on New Year’s Eve. Sadly, as the crystal ball drops in Time Square, NY ringing in the new year, the debt clock will be ringing in its own welcome to 2013 and $16.4 trillion. As Americans attempt to budget for 2013 and the impending fiscal cliff, Obamacare taxes and payroll taxes, Obama goes another year without a budget and more deficit spending.

The United States will reach its $16.4 trillion borrowing limit on Dec. 31 and undertake “extraordinary measures” to avoid default, the Treasury Department informed congressional leaders in a letter on Wednesday.

The notice about the debt ceiling came packaged with a stark warning from Treasury Secretary Timothy Geithner, who said the policy uncertainty stemming from the “fiscal cliff” makes it impossible for him to say with certainty how much time lawmakers have left to raise the borrowing cap.

“Given the significant uncertainty that now exists with regard to unresolved tax and spending policies for 2013, it is not possible to predict the effective duration of these measures,” Geithner wrote.

An Obama Christmas … Salvation Army Seeing Record Number Of Families In Need During Holiday Season

President Barack Obama … The Grinch Who Stole More than Christmas.

The Salvation Army are seeing record number of families asking for help this Christmas season. But what else would one expect when a record number of Americans are on food stamps and an employment participation rate at a dismal 63.6%. Obama and Democrats continue to tour the faux-unemployment rate of 7.7%. More and more Americans are dropping out of the work force, including 350,000 in November alone. All this while Obama claims there is a job recovery without any recovery. Obama and Democrats can spin the economic numbers and situation all they want, Americans know the truth and their circumstances are bleak. At some point Americans will wake up and realize that GWB is not to blame and Obama is. When that occurs there will be hell to pay by Democrats.

Officials with the Salvation Army say they’re seeing a record number of families asking for help this holiday season.

Nearly 18,000 families have registered for Christmas assistance in the last month. That number has grown by 2,500 since last year, breaking the 2009 record.

The Salvation Army official web site.

With all this suffering going on in the US and we have liberals that are more concerned with their liberal ideology than helping those who are in need. This clearly is a mental defect of liberals and shows just how little they care about those who are in desperate need. Their hate so consumes them that they would rather harm the people who are aided by The Salvation Army because of their liberal political ideology. This was never more evident than the screwballs at UC Berkeley who are calling for students on campus to ban the Salvation Army citing their alleged homophobic practices. But these liberal college kids would be the first to be looking for a government hand out at tax payers expense.

Barack Obama has not just stole Christmas, he has stole our children and grand children’s future with the unsustainable debt.

The Heck with the Fiscal Cliff … Welcome to the Mayan Apocalypse: Fears of the End of the Earth Spreads as December 21 Nears

Fear and panic spread ahead of the Mayan Apocalypse predicted to be on December 21. Maybe this is why President Obama, Democrats and Republicans in DC are not too concerned about the Fiscal Cliff, they must be banking that the Mayan Apocalypse will take place making the over-taxing and out of control deficit spending that has created a +$16 trillion debt moot. Maybe this can explain how Obama was reelected in 2012, people expected the Mayan Apocalypse prophecy to come true.

Fears that the end of the world is nigh have spread across the world with only days until the end of the Mayan calendar, with doomsday-mongers predicting a cataclysmic end to the history of Earth.

Ahead of December 21, which marks the conclusion of the 5,125-year “Long Count” Mayan calendar, panic buying of candles and essentials has been reported in China and Russia, along with an explosion in sales of survival shelters in America. In France believers were preparing to converge on a mountain where they believe aliens will rescue them.

The precise manner of Armageddon remains vague, ranging from a catastrophic celestial collision between Earth and the mythical planet Nibiru, also known as Planet X, a disastrous crash with a comet, or the annihilation of civilization by a giant solar storm.

However, one persons cataclysmic and catastrophic end of the Earth is another individuals interpretation that on December 21, 2012 will mark the beginning of a new era where individuals will undergo a positive physical or spiritual transformation. No matter how you look at it America, we are doomed. Either the end of the Earth is at hand, or we have another four years to suffer through with Barack Obama as president and his cataclysmic and catastrophic efforts to destroy the US economy and all that America was built upon.

Obama Willing to Go Off “Fiscal Cliff” to Raise Tax Rates on Rich … Harry Reid Blocks Senate Vote on Obama’s Deficit Reduction Plan

What a joke and you are to blame America … You voted this snarky, vindictive, non-serious President back into office and now America will suffer for years to come.  What a mess …

President Barack Obama nor US Senate Majority Leader Harry Reid are not serious about  fixing the out of control government spending and the ever-growing $16 trillion national debt, all they care about is being vindictive and getting a liberal trophy for raising tax rates on the rich. Yesterday, Treasury Secretary Turbo Tax Timothy Geithner stated that the Obama administration “absolutely” willing to allow the United States to fall off the “fiscal” cliff unless Republicans drop their opposition to higher income tax rates on the wealthy. But what does this really do, nothing. The amount of revenue that would be gained as compared to the $16 trillion debt and continued +$1 trillion Obama deficit spending is like firing a pea at an elephant. The amount of revenue from raising tax rates on the rich would fund government for eight days. That’s it. So why is Obama so adamant about going off the fiscal cliff if tax rates are not raised? To of course get some kind of liberal trophy from the far Left of course. In the end it will accomplish nothing to help the problem we are in and will most likely cause us to go backwards into yet another recession.

President Obama’s lead negotiator in the “fiscal cliff” talks said the administration is “absolutely” willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy.

Treasury Secretary Timothy Geithner said in an interview with CNBC that both sides are “making a little bit of progress” toward a deal to avert the “cliff” but remain stuck on Obama’s desired rate increase for the top U.S. income-earners.

So how serious is Obama and Reid about helping America through these troubled times of over spending? Not at all. they are merely playing party politics with America’s future. Barack Obama had presented a deficit reduction plan. Senate Minority Leader Mitch McConnell (R-KY) offered an amendment to force a vote on President Obama’s deficit-reduction plan, however, Senate Majority Leader Harry Reid (D-Nev.) blocked it. Do you think that Obama or Reid are serious about what they are doing? Hardly. Reid knew Obama’s plan was a pathetic joke and not serious. Reid knows that no self-respecting member of the Senate, including Democrats would vote for this crap. As reported at the Weekly Standard, Reid calls Minority Leader Mitch McConnell’s request to vote on the plan a “stunt.” Really, what would you call Obama’s deficit reduction plan then, that you are unwilling to put to a vote knowing it would fail and embarrass Obama?

It is obvious that Obama wants to go over the fiscal cliff, thinks he does not to negotiate and believes he is a King not a President.

Senate Minority Leader Mitch McConnell (R-Ky.) on Wednesday offered an amendment to force a vote on President Obama’s deficit-reduction plan, but Senate Majority Leader Harry Reid (D-Nev.) was having none of it.

“Last week [Treasury] Secretary [Timothy] Geithner brought up a proposal that was so unserious,” McConnell said on the floor, “I would like to see if my Democratic friends would like to support it.”

Senate vote on what he called the president’s “ridiculous” plan as an amendment to the Russian trade bill that is being considered.

Reid, however, objected to McConnell’s suggestion, saying the Russian trade bill, H.R. 6156, is about job creation, not political stunts from Republicans.

Barack Obama cared little during the first years of his first term as president what the people thought and forced through Obamacare. What exactly did you think this vindictive president was going to do if reelected knowing he does not have to face another election and has no accountability to ‘We the People”.

Up, Up and Away … Budget deficit rises to $120 billion in October

Looks like Obama inherited a terrible budget deficit from the previous president … himself!

Up, up and away … The Obama out of control federal deficit continues. The budget deficit rose to $120 billion in October 2012. This is what happens when you reelection President give away. All this and Obama never during the election said how he would deal with the economy or out of control spending except to tax the rich. Maybe Obama can blame the bad situation on the previous president. Oh, that would be him wouldn’t it?

 120 billion dollars!!!

The budget deficit rose in October, the first month of fiscal year 2013, as looming negotiations over expiring tax cuts and imminent spending reductions dominated the post-election political landscape.

The Treasury said on Tuesday the October deficit was $120 billion, larger than economist forecasts for a $114 billion gap and up from $98 billion in October of 2011.

Growth in expenditures outpaced rising receipts, deepening the deficit. Outlays grew to $304 billion from around $262 billion in the same month last year while receipts rose to $184 billion from $163 billion.