We love the new look house as they grabbed the bull by the horns and approved a fiscal year 2012 budget. This thing is crazy good as Budget Committee Chairman Paul Ryan drastically limits government spending next year and in years to follow. We are talking major league numbers like $5.8 trillion in spending cuts over the next decade. There were only four republicans that opposed the vote, yes we know who you are, but it did not affect the final 235-193 number. We also watched as every Democrat voted no and then started the smear campaign. You have heard it before police and fireman will get laid off, governments will close, schools shutdown and the elderly with have to eat cat food. We know it does not matter as the bill heads of to the senate where they will kill the whole thing but the President was forced to say he agreed with House Republicans that we must reduce our deficit and put our country on a fiscally sound path. The difference between the hard core republican plan and the touchy feel good plan of the president is one has teeth and a purpose and the other on from President Obama is more of the same old make sure I get re-elected type budget
We knew that when President Obama ran around acting like he did something passing the budget. Then jumped out to say he was running for a second term, which sounded exactly the same as he has for the last two years there was going to be awareness. We did not expect to see it in the latest Gallup Daily tracking three-day average. The numbers do not lie and Gallup shows 41% of Americans approving of the job Barack Obama is doing as president. We thought 41% was a high number and kind of odd. It turns out that 41% ties his low as president, which he registered three times before, twice in August 2010 and once in October 2010. The best part is these numbers are from April 12-14, which means it was before the crazy speech for deficit reduction. The economy is the big reason and it probably has more to do with the prices at the gas pump. We are not counting out unemployment but the whole economic recovery is taking too long. President Obama has had an approval rating with Gallup that has averaged 48% so far in 2011. When you look inside the numbers the biggest segment he is losing is the Independents the same people that brought him to where he is now. This last polled showed that only 35% of independents approve of the president, which is down from 44% which he has averaged for 2011. The news is not good for the home team either as with Democrats ratings are down four points as well. This is all good news for what we hope is mister one and done President.
It is a shame when the only way to stop gross use of public funds is indignity instead of your own moral compass. Since the 1970s, public funding of presidential campaigns has been a rite of passage. We are reading that neither President Barack Obama nor any of the leading 2012 Republican contenders are expected to accept federal matching funds and the limits they impose. It turns out this year they think it is a scarlet letter on your campaign. If a candidate does try to take public money to finance a presidential campaign this year they are likely to be called out for it. There are two things at play first of all President Obama’s record-breaking fundraising in the 2008 campaign is now the new model as it allowed him to abandon the public system in both the Democratic primaries and the general election. The other is Washington is well aware of how the country now looks at the way they spend money and getting on the wrong side of that issue was the end of many political careers in the 2010 election. The scary part is this president, who will have no Democratic primary race, may become the first candidate to raise $1 billion for the general election in 2012.
When it comes to making a non-statement is there any better than President Barrack Obama? This is latest speaking with no cause or effect he called for a one-third reduction in U.S. oil imports. We watched and waited as we wondered how he was going to do that. We thought this is going to be where he says we can use nuclear power, drill in Alaska, and maybe even call in some favors from Iraq where we gave them freedom at no cost. Then he dropped the bomb saying it has to happen by 2025. Really you are proposing things that are 15 years out. This is funny for a one term president to suggest they have any control over what the country can do four presidential terms after he is gone. We did not think the lame stream media would call him out on it and no matter what the plan is it is silly to think any program created in 2011 will be carried out through 2025. Then he went on to offer nothing in the way of new initiatives or ideas to actually accomplish this mighty goal. When we say this guy is the king of the non-statement this puts him up in rarified air. He did give a little plan saying that there is a litany of energy proposals in play including boosting domestic oil production, increasing the use of biofuels and natural gas, and making vehicles more energy efficient. He did even say that America needs to embrace nuclear power as a critical part of their energy future. After a while it starts to sound like Charlie Browns teacher wah, wah, wah, nothing. It is a shame that the lame streams are so in the hip pocket they cannot even see when the emperor has no clothes.
You hate to see when the rules do not apply. Living in America you understand not everyone is going to get everything. You need to work to make a better life for yourself. At some point you reach as high as you are going to go and income growth only comes from luck or more schooling. During this process all you ask is for a fair shot and everyone having to play by the same rules. This is seldom the case and for members of Congress it is almost nonexistent. They have immunity from many routine parking tickets in the District of Columbia but they have abused the system to the max. There is a report that vehicles parked on Capitol Hill and at Ronald Reagan Washington National Airport, have at least $15,000 in outstanding tickets. These are for things like expired meters and speeding camera violations. If that was not bad enough 75 percent of these tickets are in default as they are over 60 days. There are some that are years without payment. You think there are a lot of people working there are about 300 vehicles at any one time displaying a House- or Senate-issued Member parking tags. Most of these have only one ticket but there is a handful that is reported to have several hundred to thousands of dollars in unpaid tickets. Where is the loophole you ask there us a provision in D.C. law, that members of congress, along with council members, are exempt from parking tickets when on official business. There is no excuse and when they build these building they should have built a space for everyone so this kind of provision does not need to exist. All we ask is the same rules for everyone and then it is a fair fight; this is the stuff that makes the scales unbalanced.
It never can amaze on that the hubris demonstrated by a lifelong politician. Today we ask U.S. Representative Barney Frank to come on down and step into the light of shame. He is crying poor-mouth and has gone on a fund-raising assault. Frank has gone postal nailing every Massachusetts Democrats campaign donations. There is a side note as he even sent this plea to the State House which is a violation. They had to even admit is in a statement as they acknowledged that a fund-raising solicitation that was emailed to the State House was called a technical error. State campaign finance laws ban politicking in public buildings, including soliciting political donations. We are going to let it go because that is not the most hypocritical thing about this tale. The letter is the focal point here as it was sent out to thousands of people on a list. Unfortunately Barney has already announced he is running for re-election in 2012. The letter states that due to the fight against upstart Republican Sean Bielat last year his campaign funds were drained and he predicts another heated race. Loosely quoting from the letter due to the outpouring of funds from across the country from a variety of right-wing groups we are in the red. He then began to admit he was asking earlier than ever before. He said he needs to pay off his high campaign debts. Then in one of the most unbelievable things you will ever read, he actually said is making this plea so he can pay debts including the one to himself. Maybe he should get a loan from Freddie Mae or Frannie Mac. Sorry it was too easy. This another example of these guys that just do not get it.
We have refrained from jumping on President Obama for starting a war without congressional support. The fact the lame stream media has been null and void on the topic. The fact President Bush had 17 UN broken sanctions with Iraq, and President Obama used only one has a defense to get involved in the attack on Libya. We have refrained from talking about there is no hippies or protesters in the street with the “No war for oil signs.” Last one we promise we have not said anything about we have what appears no plan as we help the British and French like bag man. Alright just one more if President Bush lied he would be called out in a second, President Obama on Friday said no boots on the ground. Then we find out over the weekend when one of our planes went boots went on the ground. We do have a reason that we can bite on we are fighting two wars already, we just racked up more debt by spending upward of $1 billion in an international assault to destroy Libyan leader Moammar Gadhafi’s air defenses and save the rebels. If you need the scorecard we have fired Missiles from submarines in the Mediterranean, dropped bombs from warplanes launching airstrikes over the northern portion of Libya easily total hundreds of millions of dollars as the campaign entered its sixth day. Overall the coalition has fired at least 162 sea-launched Tomahawk missiles priced at $1 million to $1.5 million apiece. The bottom line for our vantage point is we cannot afford another war where we do not get oil for payment.
Fuzzy math continues but it has been taken to new heights. It is no longer billion we are now in stratosphere of trillions. The CBO released a new assessment of President Barack Obama’s budget. Let us just say this was an eye opener. The White House underestimates future budget deficits by more than $2 trillion over the upcoming decade. The estimate is from the nonpartisan Congressional Budget Office says that if Obama’s February budget submission is enacted into law it would produce deficits totaling $9.5 trillion over 10 years – an average of almost $1 trillion a year. If you remember President Obama threw a budget number that was only – really cannot believe we say only totals $7.2 trillion over the same period. This is due to the fact that President Obama counts on collecting high tax revenues; the CBO sees the real numbers and is not so optimistic. This could turn around on the fact that unemployment could drop back to five percent and the more people in the system the more taxes that can be collected. This all needs to happen before the 30 million people are given free healthcare and pull all the tax revenues away for that debacle. We are always glad when the fraud numbers are realized like the crazy lame stream media that contest President Clinton balanced the budget and built up reserves using the same kind of fuzzy math.
President Obama has always been a rock star in politics. When he steps out it is like the Rolling Stones coming to town and everyone needs to understand. We wonder if this Brazilian move away from the norm is a sign that President Obama rock star status might be losing luster abroad. We are basing this on a planned press conference Saturday featuring President Barack Obama and new Brazilian President Dilma Vana Rousseff has been cancelled. We wonder why this happened even before President Obama left for his five-day Latin America trip. This was not always the case as the two leaders were scheduled to take questions Saturday morning at the Palacio do Planalto in Brasilia after a bilateral meeting there, but the White House issued a schedule Friday evening noting that the two leaders will make statements but do not plan to entertain inquiries from the press. A White House official said the change was at the request of the Brazilians as they prefer the format this way. We thought it was about the pending escalation in Libya but that does not concern the Brazilians. The truth is Brazil may be less than eager to be questioned about why the U.S. has yet to endorse a permanent U.N. Security Council seat for Brazil. There is something going on and even the great President Obama cannot make this seem clear or transparent.
Have you felt the recovery. The lame streamers are telling you we are in recovery. Do you feel it? We do not either and when the report came out that reads that uuemployment rose in nearly all of the 372 largest U.S. cities in January compared to the previous month. These numbers do reflect that these jobs are lost due to the seasonal changes such as the layoff of temporary retail employees hired for the holidays. The Labor Department said the real number was that unemployment rate rose in 351 metro areas, and there were 16 that dropped as well as five that did not change. The truth that you will not hear from the lame streamers is the number is worse than December when the rate fell in 207 areas and increased in 122. If you are thinking nationwide the unemployment rate dropped to 9% in January from 9.4% in December, we are pretty sure this part of the story you are going to hear about. The truth will be when the rubber meets the road as the number for February fell down another tenth of a point to 8.9%. This will be interesting once we balance this national data number which is seasonally adjusted, against the metro data which is more hard number that is not adjusted. The metro data lags the national report by one month but is more accurate number as it is forecast after all the number have been counted.