Poll GOP More Trusted on Economy
REPUBLICANS HAVE GAINED A 10 POINT LEAD OVER DEMOCRATS IN RASMUSSEN REPORTS LATEST NATIONAL SURVEY ON WHO THE PUBLIC MOST TRUSTS TO DEAL EFFECTIVELY WITH ECONOMIC ISSUES.
The 10 point lead is the widest margin held by either party in months and has opened up in recent weeks as President Obama and House Speaker John Boehner have become the central players in the debate over how to deal with the approaching debt-ceiling crisis.
"The gap was the closest in years in May when the GOP held just a 46% to 42% lead on the economy, which voters have consistently regarded as the most important of 10 issues regularly tracked by Rasmussen Reports," the pollster said.
"VOTERS NOW TRUST REPUBLICANS MORE THAN DEMOCRATS ON NINE OF THOSE 10 ISSUES. In May, Republicans led on just six issues after being trusted more on all 10 in early January. Two years ago Democrats were trusted more than Republicans on most issues. Still, there are several issues that the parties are close on in terms of trust.
Hmmm, unemployment at 9.2% and rising, debt going up at over $100 billion per MONTH! And you wonder why the Republicans are more trusted?
Obama Fears Reelection Problems More Than Default
PRESIDENT OBAMA, FEARING LOSING REELECTION MORE THAN DEFAULT, THREATENS TO VETO ANY LAST-MINUTE DEBT PACKAGE FROM CONGRESS unless it extends the nation’s borrowing limit beyond the 2012 elections.
Treasury Secretary Timothy Geithner told ABC’s “This Week” that Obama demands that any agreement to increase the debt ceiling extend beyond the 2012 elections.
Obama’s chief of staff, Bill Daley, confirmed the veto threat. Daley was asked on NBC’s “Meet the Press” if Obama would veto a plan that doesn’t extend the limit into 2013. Daley answered, “Yes.”
SO A STUBBORN PRESIDENT OBAMA IS WILLING TO VETO WHAT BY ALL ACCOUNTS IS THE GOING TO BE THE ONLY VIABLE OPTION TO MEET HIS ADMINISTRATION’S AUGUST 2 DEADLINE FOR AVOIDING DEFAULT SO HE DOESN’T HAVE TO DEBATE THE ISSUE DURING HIS REELECTION CAMPAIGN.
Rather than a smart and shrewd politician, how stupid is this man. If he thinks the debt would hurt him in his reelection bid, just think about how a veto and default would hurt.
Obama lies about Social Security
This Friday night press conference, for the second time, President Obama raised the specter that Social Security checks might not go out if Congress does not raise the debt ceiling. ….
....He must not be consulting with his lawyers, because this attempt to scare Social Security recipients is without legal foundation.
As recently explained in much more detail by legal scholars Mark Scarberry and Nancy Altman, and by the aptly-named Thomas Saving, a former public trustee of the Social Security and Medicare Trust Funds, in an op-ed in the Wall Street Journal, REACHING THE DEBT CEILING WILL NOT AFFECT THE ABILITY OF THE SOCIAL SECURITY ADMINISTRATION TO PAY ITS OBLIGATIONS.
THE SOCIAL SECURITY TRUST FUND HOLDS ABOUT $2.4 TRILLION IN U.S. TREASURY BONDS, which its trustees are legally entitled to redeem whenever Social Security is running a current account deficit. Thus, if we reach the debt ceiling (which I continue to think is a remote prospect, even if less remote than it seemed a week ago), this is what will happen. THE SOCIAL SECURITY TRUST FUND WILL GO TO TREASURY AND CASH IN SOME OF ITS SECURITIES, USING THE PROCEEDS TO SEND CHECKS TO RECIPIENTS. EACH DOLLAR OF DEBT THAT IS REDEEMED WILL LOWER THE OUTSTANDING PUBLIC DEBT BY A DOLLAR. THAT ENABLES THE TREASURY TO BORROW ANOTHER DOLLAR, WITHOUT VIOLATING THE DEBT CEILING. The debt ceiling is not a prohibition on borrowing new money; it is a prohibition on increasing the total level of public indebtedness. If Social Security cashes in some of its bonds, the Treasury can borrow that same amount of money from someone else.
In fact, with $2.4 trillion in Government securities, there is no default crisis. The government could pay all their SS obligations and borrow that amount back to pay for everything else.
O’Keefe unveils 4th Medicaid sting video
This is the fourth installment of James O’Keefe’s Medicaid sting and there is no end in sight. This one takes place in Virginia, and as we saw in Ohio, the Carolinas, and NYC THE MEDICAID WORKERS THERE ARE MORE THAN WILLING TO HELP WEALTHY CRIMINALS GRAB A HUNK OF GOVERNMENT CHEESE.
As always, this is a must-watch that will leave you shaking your head in disbelief. BY NOW I AM CONVINCED IT IS DARN-NEAR IMPOSSIBLE TO ACTUALLY GET TURNED AWAY FOR ANY REASON WHEN WALKING INTO A MEDICAID OFFICE. You could say “I have a stack of corpses in my basement; will that be a problem?” and they’d probably just tell you not to put that on the application.
Still waiting for the media to show an ounce of interest in any of this.
I wouldn’t hold my breath about the media’s interest in this. After all it shows a woeful response from government and the media is in bed with the left in calling for more and more government. These video Medicaid employees to by either bumbling fools or conspirators in defrauding the taxpayers.