Obama Administration Ran Up Largest Monthly Budget Deficit in February in History

More “Hope and Change” … Thank you Mr. President.  Your policies are not the solutions to our economic problems, they are our problems.

For February, 2010 Barack Obama’s government ran up the largest monthly budget defict in history. THAT IS CORRECT, IN HISTORY!!!

The Treasury Department stated that the February deficit totaled $220.9 billion, 14% higher than the previous record set in February of last year. For the year in the first five months of this budget totals deficits are $651.6 billion or 10.5% higher than a year ago. Obama has the audacity to say that this spending was necessary to hold unemployment at 8%, yet we find it presently at 9.7%.

The government ran up the largest monthly deficit in history in February, keeping the flood of red ink on track to top last year’s record for the full year.

The Treasury Department said Wednesday that the February deficit totaled $220.9 billion, 14 percent higher than the previous record set in February of last year.

The deficit through the first five months of this budget year totals $651.6 billion, 10.5 percent higher than a year ago.

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Hope & Change: CBO - Obama’s Record Budget Deficits Even Worse Than Thought, To Add $9.7 Trillion to US Debt by 2020 (+$1.2 Billion)

Good Grief … Obama and the Democrats are driving our economy off a cliff. What’s an extra $1.2 billion among friends?

No wonder only 25% of Americans say the country is heading in the right direction. After this news, that number will most likely be even lower. Confidence in the US economy is at the lowest point since Obama took office.

Barack Hussein Obama just continues to get the United States of America further and further into debt. Obama budget worsr than previously thought. The nonpartisan Congressional Budget Office (CBO) predicts that Obama’s budget plans would generate deficits $1.2 trillion more than predicted by the administration.

The Washington Post reports that President Obama’s policies would add more than $9.7 trillion to the national debt over the next decade. Obama is running this country into financial ruin. But of course it’s all Bush’s fault.

The 10-year outlook by the nonpartisan Congressional Budget Office is somewhat gloomier than White House projections, which found that Obama’s policies would add $8.5 trillion to the debt by 2020. While the two agencies are in relative agreement about the short-term budget picture, with both predicting a deficit of about $1.5 trillion this year and $1.3 trillion in 2011, the CBO is less optimistic about future years, predicting that deficits will grow rapidly after 2015.

Hey America, how is that “hopee, changee” thing working out for you? Want some news that will make you lose your appetite? These record deficits will be Obama’s undoing in 2012 and the Democrats destruction in 2010.

The new report predicts that debt held by investors, including China, would spike from $7.5 trillion at the end of last year to $20.3 trillion in 2020. That means interest payments would more than quadruple — from $209 billion this year, to $916 billion by the end of the decade.

Democrat Senate Majority Leader Harry Reid Applauds the Loss of 36,000 American Jobs as “Really Good”

What is wrong with these people? Democrat Senate Majority leader Harry Reid stated the following regarding today’s job losses for February 2010. Yea, really good Harry. Unless you are one of the 36,000 people who lost their jobs or their families.

“Today is a big day in America. Only 36,000 people lost their jobs today, which is really good.”

Actually Senator Reid when you an at least 9 other Democrat Senators lose their jobs in the 2010 midterm elections and enough Democrat House members lose their jobs to shift the power back to Republicans, that would be really good.

Harry Reid and Democrats have not only lost their minds, they have lost their souls. These people will paint any grim news as a positive for President Barack Obama even if it is at the expense of the American people. How on earth can any politician say that the loss of only 36,000 jobs is a good thing? How out of touch with the American people can Reid and the Democrats be?

Reid was trying to trumpet the jobs numbers as some kind of positive sign and then as The Gang Who Could Not Shoot Straight usually do … they blew the message.

Democrats wanted to seize on the numbers as evidence that the economic slide has stopped. Unfortunately for his colleagues, Reid mangled the message.

“Today is a big day in America,” he proclaimed. “Only 36,000 people lost their jobs today, which is really good.” Reid noted that prognosticators had expected the numbers to be much worse.

Republicans immediately pounced on the campaign ad fodder from the four-term senator, who is facing a tough re-election fight this year.

“It’s difficult to think of a Washington politician who is more out of touch with working Americans than Harry Reid,” National Republican Senatorial Committee spokesman Brian Walsh said.

The blithering idiot Harry Reid actually blamed Republicans for “irresponsibly mischaracterized” his remarks on February’s jobs numbers.Reid claimed that Republicans root for failure, yet as Town Hall reminds us … it was Harry Reid who rooted for failure in Iraq when GWB was in office.

No Senator Reid, your response to 36,000 people losing their jobs and the comment really good do not belong in the same sentence or thought process. You are to blame sir, take some responsibility for your own stupid mistake and irresponsible comment. Is it any wonder why Reid has over 50% unfavorable rating in Nevada and is trailing in the polls. One of those Reid is trailing is Sue Lowden, who even before this ignorant comment by Reid had taken a larger lead Dingy Harry.

Warren Buffet Tells Barack Obama to Re-Write the Health Care Bill

Barack Obama and the MSM were quick to report that financial guru Warren Buffet was on the side of Barack Hussein Obama. How come we do not hear more of the fact that even Warren Buffet thinks Obamacare is a disaster?

Warren Buffet told Obama to re-write the health care bill. Not jsut add things to it that Republicans want, but to start from scratch. Buffet calls for plan C.

Warren Buffett came out against the health care bill today, essentially echoing the Republican position that the administration should scrap the current bill and start over. Buffett, a longtime Obama supporter, told CNBC the current health care system is “like a tapeworm eating at our economic body,” with costs that are “really out of control.” He added, “Unfortunately, we came up with a bill that really doesn’t attack the cost situation that much.”

Buffet appears to agree with Republicans, Independents and a majority of Americans who say … scrap the bill and start over from scratch. Buffet realizes this bill will bankrupt America.

Barack Obama is supposedly going to unveil a smaller version of his failed Obamacare plan on Wednesday. It is obvious that this will be a window dressing version of what Republicans really wanted in health care reform. It is also obvious that Pelosi and Obama are getting desperate to pass anything because they don’t have the votes.

So in the end Obama will provide America with only have a crap sandwich, instead of a full one.  It’s not just about what you add, its about what needs to go. It is also becoming apparent that this bill will not be able to pay for itself without using fuzzy math.

2010 Midterm Senate Election Round Up … Republicans Lead in many Races to Take Back Senate?

US Senate Races in 2010 Midterm elections.

How much will the economy, unemployment, federal spending, taxes, record deficits and a Democrats attempt to force Obamacare on “We the People” affect the 2010 elections?

Following the Scott Brown victory in the special election in Massachusetts, Democrats presently have a 59-41 advantage in the Senate as independents Lieberman, CT and Sanders, VT both caucus with the Democrats.

Republicans and Democrats will each be defending 18 Senate seats.  There are six retiring Republican Senators that will have to be defended in an open election. Democrats had 5 Senators retiring, including MA Senator Paul Kirk who’s seat was decided on January 2010 when Republican Scott won the special election.

Republicans will need to gain a +10 in pick ups during the midterm election in order to regain control of the US Senate. It would appear to be a tall order; however, the mood of the country and the polling data suggests it is not out of the realm of possibility. The Generic Congressional Ballot is presently at Republicans 44%, Democrats 35%.

Presently we have Republicans with a +9 pick up in 2010. Question, if Republicans pick up nine seats and there is a tie, would Liberman caucus with Republicans?

One thing is apparently obvious when reviewing the 36 Senate races in 2010. Republicans will have a much easier time defending their seats than Democrats. Even what some would think are the most safe Dem seats, at this point appear to be in play.

  • SOLID REPUBLICAN - 19
  • LEANS REPUBLICAN - 8
  • SOLID DEMOCRAT - 7
  • LEANS DEMOCRAT - 2

1. Arkansas - Presently held by Democrat Blanche Lincoln.

All of the polls have incumbent Blanch Lincoln behind the suspected Republican challenger Boozeman by 23% points.  Rasmussen has Lincoln trailing every potential Republican challenger as her favorability ratings have fallen and they can’t get up. Lincoln can thank her vote for Obamacare for her plight and her likely departure from the US Senate. Stick a fork in Blanche Lincoln, she is done.

This Senate seat is going to be a Republican pick up (+1). SOLID REPUBLICAN

2. California - Presently held by Democrat Barbra Boxer.

One would think that a Senate race was a solid win for Democrats. However, not since Barack Obama became President and the political climate in the US is anti-Democrat incumbents. It is incomprehensible to believe that Boxer only leads her Republican rival former Hewlett-Packard CEO Carly Fiorina in the most recent Rasmussen poll by 3 points, 46% to 43%.  The trend of support has been to Fiorina as in Nov. 09 Boxer had a 9% point lead.

Then again, no one though Scott Brown would win in Massachusetts either. How bad and detrimental to Democrats was Obamacare, in California, 49% favor the health care plan, while 48% oppose it. Boxer presently has a 4% point lead over Carly Fiorina.

To close to call bright now but it is a Democrat hold for the time being, but the Senate seat is in play … LEANS DEMOCRAT.

3. Colorado - Presently held by Democrat Michael F. Bennet.

According to recent polls incumbent Democrat Senator Michael Bennet is in real trouble against the presumed Republican challenger Lieutenant Governor Jane Norton. Norton leads Bennet 51% to 37%, a two-point gain for her from last month as Bennet is witnessing a Rocky Mountain low. Is it possible that Bennet could get defeated in the Democrat primary by former state House Speaker Romanoff . The story in Colorado is about anti-incumbency and many wonder whether an Obama campaign visit fir Bennet is going to be yet another Obama campaign kiss of death.

This Senate seat is going to be a Republican pick up (+2). SOLID REPUBLICAN

4. Illinois - Presently held by Democrat Roland Burris who was appointed after Barack Obama was elected President in 2008. Burris is not going to run in 2010, this will be an open seat election.

Illinois represents a major targeted state for Republicans for the symbolic nature of taking over President Barack Obama’s former Senate seat. Following the recent primaries, Republican Mark Kirk won big, while Alexi Giannoulias won a tough Democrat race. Shortly after the smoke cleared from the primary, polls showed that Kirk had a 6% point lead over Giannoulias, 46% to 40%. Republicans stand poised to pick up this open Democrat seat as voters not affiliated with either party, the Republican holds a sizable 59% to 22% lead.

This Senate seat is going to be a Republican pick up (+3). LEANS REPUBLICAN

5. Kentucky - Presently held by Republican Jim Bunning who is retiring. This will be an open seat election. With Jim Bunning retiring, GOP candidates Trey Grayson and Rand Paul have wide leads over the Democrat challengers Daniel Mongiardo and Jack Conway. Kentucky has been a RED state that will see the GOP hold the Blue Grass state.

The election result will be a Republican Senate hold, SOLID REPUBLICAN.

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Barack Obama Claims He is not a Socialist … Say Hello to the Business Friendly President

If it looks like a socialist, talks like a socialist and acts like a socialist … guess what America, it’s a socialist.

Speaking to the Business Roundtable, President Barack Obama stated that he was not a socialist and that he is a believer in the free market system. Really Mr. President. Because making the government larger, taking over businesses, attempting to take over 1/6th of the US economy and health care is not socialism, how?

Barack Obama once again tells people that he really is not something even though every action he does proves he is a socialist, let alone all the socialist and self proclaims communists he surrounds himself with.

obama_socialist

77% of US investors believe that Barack Hussein Obama is anti-business. There is a glowing endorsement. In poll after poll, Americans given Obama poor marks on the economy. Only 6% of Americans believe the stimulus plan crated jobs.

There is an age old adage, if you have to tell people that you are not something, most likely you are. Your actions should be able to be more than enough to prove what one truly is.  Because Obamanomics is based on the tenants of capitalism, right?

Obama’s remarks were set against a backdrop of unease in the business community about his economic and budget policies as well as his legislative drive for healthcare, energy and financial regulatory reform.

“Contrary to the claims of some of my critics, I am an ardent believer in the free market,” Obama said in prepared remarks.

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Jobless Claims Rise Again to 496,000 as Obama Continues to Talk Obamacare

Barack Obama, ITS ABOUT THE JOBS STUPID!!!

New jobless claims rose again this week to 496,000!!! That’s up 22,000 from last week. Didn’t President Barack Obama say that his presidency in year two was goiung to be all about jobs and putting people back to work?

Then why is he still wasting every ones time with health care legislation that has been roundly rejected by the American people? Is this President serious or not about the unemployment rate in the US and creating an economic environmnet that will get people back to work and have businesses start hiring?

The number of new claims for unemployment benefits jumped unexpectedly last week as heavy snows caused layoffs to rise.

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Democrat Harry Reid, “Men, when they’re out of work, tend to become abusive,” … What Happens When he isn’t Reelected?

Democrat Senate majority leader Harry Reid once again makes a comment that has some scratching their heads. Reid suggested  that domestic violence by men has increased due to US  joblessness. So is Obamanomics now going to end domestic violence? Or has it created more domestic violence since more jobs have been lost and we are just under 10% unemployment?

Reid, speaking in the midst of a Senate debate over whether to pass a $15 billion package meant to spur job creation, appeared to argue that joblessness would lead to more domestic violence.

“I met with some people while I was home dealing with domestic abuse. It has gotten out of hand,” Reid said on the Senate floor. “Why? Men don’t have jobs.”

Harry Reid then went on to say the following:

“Women don’t have jobs either, but women aren’t abusive, most of the time,” he said.

“Men, when they’re out of work, tend to become abusive,” the majority leader added. “Our domestic crisis shelters in Nevada are jammed.”

Here is the real question that needs to be asked of Harry Reid and Barack Obama. Actually, there are two;

1) Will Reid and Obama both become abusive when they are without jobs and fired by the American People in 2010 and 2012, respectively?

2) If Reid and Obama had so much concern for the rise of domestic violence because of out of work men, then why did they not concentrate 100% on jobs in America and not waste so much time with issues like health care and Cap & Trade?

Now Unions & Liberals are Attacking Dem Senator Harry Reid’s Jobs Bill as a Joke

More from the Gang who could not shoot straight …

$15 billion? What’s $15 billion jobs (stimulus) bill when Barack Obama had previously passed one for $787 billion. Now Democrat leaning Unions and other liberal groups are up in arms over this ridiculous and “puny” attempt of jobs legislation.

Unions and liberal groups have dismissed Sen. Harry Reid’s $15 billion jobs bill as “puny” while calling for larger stimulus measures.

More than two dozen organizations, including the AFL-CIO, National Association for the Advancement of Colored Peoples (NAACP) and the National Council of La Raza, warned Democratic leaders in Congress to avoid tackling the troubled economy through incremental action.

How does the LEFT really feel about Reid’s jobs bill? These people can do nothing right as they manage to just upset all sides and do nothing to get people back to work. This will become the latest FOX TV show, ‘When Liberals Attack Their Own’.

“If this $15 billion was the only thing [that passed], that would be like having an amputated arm and sticking a band aid on the end of it,” said Richard Trumka, president of the AFL-CIO, on a conference call Friday.

Democrat Senate Majority leader Harry Reid did have a bipartisan jobs bill on the tabeble. That was until he took it upon himself and  killed it. He ended a bipartisan jobs bill for this? No wonder Democrats and Reid are failing miserably in the polls.

RINO Arnold Schwarzenegger Dismisses Tea Party Movement: ‘Not Going Anywhere’

RINO-nator

California Governor Arnold Schwarzenegger made some disparaging remarks while on ABC’s “This Week” hosted by Terry . Schwarzenegger dismissed the Tea Party movement as he stated,“The Tea Party is not going to go anywhere.”

“I think the Tea Party is all about just an expression of anger and dissatisfaction.”

Scott Brown was elected in Massachusetts, states like NJ & VA that voted for Obama have turned RED, Republicans are ahead in polls across America, once safe Democrats are now fighting for their political survival and the once untouchable Obamamessiah now finds himself at mid 40’s approval ratings and this is attributed to just anger and dissatisfaction. Sorry Arnold, it is much deeper than that, the People’s eyes are open and will never be closed again.

Once again we find an individual who has no clue what the Tea Party represents. Why not? Because at his political root, the Terminator is a liberal and exactly what the Tea Party stands against. Arnold Schwarzenegger is the embodiment of all that the Tea Party is against, a so-called RINO Republican who promises conservatism and in the end buckles to liberalism. As Another Black Conservative says, please do us all a favor and become a Democrat already.

Check out the VIDEO at Mediate for Arnold’s comments on the Republican Party and The Tea Party movement. What is most telling, when asked whether the the Republican Part was they party of “NO,” Schwarzenegger responds by beginning with the word “THEY”. They? Don’t you mean “WE” Gov. Schwarzenegger? Last time I checked you ran as a Republican or is this your term limited way of getting back in the good graces with the Kennedy’s?

Well, you know, they have the big opposite position. I mean, because first when it come to the party itself, they have to do everything they can in order to win in November. So they’re going to say no to everything …

Full transcript at ABC News.

Just a little tid bit from the past and some food for thought for Republicans … remember when all of you thought that Arnold was the end all be all and provisions should be made to allow him to run for President? How’s that idea looking now?

Oh and by the way, Arnold Schwarzenegger bragged on Obama’s stimulus plan and how it saved 150,000 jobs in California … dear Mr. Governator, California has an unemployment rate of 12.4%. That stimulus package just did wonders in your state, didn’t it?

California’s unemployment rate is the fifth-highest in the nation, after those of Michigan, Nevada, Rhode Island and South Carolina, and it’s significantly higher than the national rate of 10%.

Economists expect the state’s labor market to remain weak as the critical housing sector continues to struggle. Over the last two years, California has lost more than 1 million jobs.

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