As the left tries to blur the reality of the deficit, I came across these figures that puts it in perspective. When Clinton left office, the debt was 57% of the GDP. When Bush left office it was 69% of GDP and increase of 12% of GDP in 8 years. Right now, after 31 months of BHO, the debt stands at 97% of GDP an increase of 28% or more than .9% per month. If W. had increase debt at that rate, the debt would have been 143% of GDP when he left office.
If you are wondering who is to blame for Moody's downgrading of the USA's credit rating, look no further.
Democrat: University Can’t Sell Disappoint-MINTS
UNIVERSITY BOOKSTORE WAS FORCED TO PULL BOXES OF MINTS FROM ITS SHELVES AFTER A STATE LEGISLATOR COMPLAINED THAT IT SATIRISED PRESIDENT OBAMA.
The red and blue box of mints - which were on sale for $2.99 at the University of Tennessee - bear a picture of the President with the words 'THIS IS CHANGE? DISAPPOINT-MINTS' underneath.
Officials were forced to pull the product after Democratic state Rep Joe Armstrong visited.
Mr Armstrong told The Knoxville News Sentinel that UT USES FEDERAL AND STATE FUNDS AND SHOULD BE SENSITIVE TO WHAT HE CALLED 'POLITICALLY SPECIFIC PRODUCTS'.
He said: 'If it was a private entity or corporation or store, that's different, but this is a state university. We certainly don't want in any way to put the university in a bad light by having those political (products), particularly aimed at defaming the president.'
http://www.dailymail.co.uk/news/article-2022422/University-forced-pull-satirical-mints-aimed-Obama-bookstore-complaint.html#ixzz1U9N396ph
This is a matter of free speech. It originally was put into the Constitution to mean political speech. What could be more political than these mints? Government is not subsidizing these so perhaps it doesn’t count as free speech for liberals.
Lies, Damn Lies, Statistics . . . and Government Numbers
For those of you out there who may be skeptical about the reliability of today’s jobs numbers, you’ve got good reason.
Just as the alleged massive ”cuts” to federal spending in the debt-ceiling deal are actually just slightly-less-massive increases in federal spending, THE ALLEGED “DROP” IN THE UNEMPLOYMENT RATE FROM 9.2 PERCENT TO 9.1 PERCENT SOMEHOW COINCIDES WITH MORE AMERICANS BEING OUT OF WORK TODAY THAN A MONTH AGO. Both of these feats of alchemy could only be produced by Washington’s doublespeak and Red Queen accounting.
The reason why the unemployment rate — though abysmal – appears to have held relatively steady is because more than 120,000 discouraged individuals dropped out of the labor market altogether, joining the swelling ranks of the long-term unemployed. Most of these individuals were not counted by the federal government in determining today’s unemployment figure. The disappearance of these individuals from the labor market more than offsets the 117,000 jobs created in July….
http://www.nationalreview.com/corner/273829/lies-damn-lies-statistics-and-government-numbers-peter-kirsanow
As a former production manager who knows numbers, these aren’t good news for Obama and the Democrats no matter how you spin it. More jobs were created than the last two months. But not significant job growth. And with 120,000 dropping out of the job market, they just means when things do start to get better, more people will come back in to the market and the jobless rate will increase. Think about the political ads next year: 9.4% unemployment almost four years after Obama got the LARGEST stimulus in history and promised UNEMPLOYMENT would stay below 8%!!!
The MO of Wasserman Schultz
If Rep. Debbie Wasserman Schultz were a little dog, she might be a dachshund. She charges her adversary, teeth bared and yapping viciously, until realizing the other dog is larger. The realization sends her scurrying for cover, where she yelps, snarls, and whines. While this analogy may seem ridiculous, it perfectly illustrates Schultz's "confrontation" with Rep. Allen West and her political persona in general.
Schultz bit Rep. West during a speech on the House floor. Well, more like she nipped him on the heel. She never mentioned West by name, yet he was obviously her target. During a rambling, platitude-laced diatribe about the debt ceiling, Schultz accused Rep. West of denying Social Security checks and Medicare payments to senior citizens. West responded directly to Rep. Schultz, telling her exactly what he thought of her unprofessional tactics. Like a yapping, obnoxious little dog, Schultz tucked her tail and ran for the cover of her supporters, who were quick to oblige….
http://www.americanthinker.com/2011/08/debbie_wasserman_schultzs_dog_days.html
Little Debbie’s at it again.
Why isn’t the Dollar in More Trouble?
While the stock market was crashing, U.S. Treasury yields plunged to 1950s levels.
Why? Our debt-ceiling deal was ugly, but Europe continues to out-ugly the United States. What would we do without Europeans?
http://www.nationalreview.com/corner/273737/italy-rescue-kevin-d-williamson
The problem the world has is if they devalue the dollar where else can they go?
Teachers union disavows internal memo endorsing deception of parents
AMERICAN FEDERATION OF TEACHERS OFFICIALS HAVE DISAVOWED AN INTERNAL REPORT AFTER IT WAS POSTED ON THE UNION'S WEBSITE following its annual conference, embedded on each of its 19 pages with the union's logo and signed by a union official.
The report, titled "HOW CONNECTICUT DEFUSED THE PARENT TRIGGER," was replaced on AFT's website with a note saying "we have received complaints about these materials and have removed them because THEY DO NOT REPRESENT AFT'S POSITION."
Education activist RiShawn Biddle copied the report before it was removed from the AFT website. THE REPORT DESCRIBES IN DETAIL AFT'S STRATEGY FOR SUBVERTING SCHOOL REFORM LEGISLATION IN CONNECTICUT, A STRATEGY THAT RELIED GREATLY ON DECEIVING LEGISLATORS AND INTERESTED PARENTS….
http://washingtonexaminer.com/opinion/op-eds/2011/08/teachers-union-disavows-internal-memo-endorsing-deception-parents#ixzz1U9rPlwRZ
So who are you going to believe? An honest teacher’s union? Or your lying eyes?
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