Showing posts with label Income inequality. Show all posts
Showing posts with label Income inequality. Show all posts

Monday, January 30, 2012

Sweet Dreams for Obama, but reality sucks for him

What’s new Today

Story #1 looks at what Obama’s campaign will be all about.  #2 is a short video of Paul Ryan completely dismantling Obama’s claims for a second term.  # 3 looks at income inequality as a problem but not of the rich.  #4 looks at what seems to be Obama’s war on religion.  #5 looks and finds Obama is the most polarizing Politician ever.  #6 reminds us that the election in November will not just be for the Presidency but will have a profound affect in the states as well. 



1.  Obama and the Politics of Envy

There are 1.1 million more unemployed Americans today than when President Obama was sworn into office in 2009. The number of Americans in poverty has risen by 6.4 million.

Unemployment is up 9 percent, the number of food stamp recipients is up 45 percent, and home values are down 13 percent. If Obama were to seek re-election based on his economic record, he would surely lose.

That is why Obama and his political advisers have determined that income inequality, or "fairness" as they call it, is the defining issue of our time.

"In the last few decades, the average income of the top 1 percent has gone up by more than 250 percent to $1.2 million per year," Obama recently said in Osawatomie, Kan.

"Now, this kind of inequality -- a level that we haven't seen since the Great Depression -- hurts us all."

And how does Obama propose to reverse this income inequality? Through something he calls "the Buffett Rule," which would force all Americans making more than $1 million a year to pay at least 30 percent of their income in taxes.

Defending this tax hike in Nevada this week, Obama said, "This has nothing to do with envy. It has everything to do with math." Which sounds like a nice line until you realize that Obama is refusing to show his work

When White House press secretary Jay Carney was pressed to provide the numbers on how much revenue Obama's Buffett Rule would raise, he refused. "I'm not going to give you a schedule of how broad individual tax reform would break down and what impact it would have," Carney said. "The president simply believes that as a matter of principle that unfairness ought to be changed."….




I think Obama must think that it would be unfair to judge him on his record.  He wants to change the subject.  Reread the first two paragraphs because that is what this election is all about. 



2.  Paul Ryan Completely Dismantles Obama on FNS

“I'm trying to say is he is giving us a future of debt, doubt, and decline.”

You can watch it here:  http://nation.foxnews.com/paul-ryan/2012/01/29/fire-paul-ryan-completely-dismantles-obama-fns#ixzz1kwug2R7r





3.   How do we Overcome Income Inequality?

….But the mere existence of income inequality tells us little about what, if anything, should be done about it. First, we must answer some key questions. Who constitutes the prosperous and the poor? Why has inequality increased? Does an unequal income distribution deny poor people the chance to buy what they want? And perhaps most important: How do Americans feel about inequality?

To answer these questions, it is not enough to take a snapshot of our incomes; we must instead have a motion picture of them and of how people move in and out of various income groups over time.

The “rich” in America are not a monolithic, unchanging class.  A study by Thomas A. Garrett, economist at the Federal Reserve Bank of St. Louis, found that less than half of people in the top 1 percent in 1996 were still there in 2005. Such mobility is hardly surprising: A business school student, for instance, may have little money and high debts, but nine years later he or she could be earning a big Wall Street salary and bonus…

… We could reduce income inequality by trying to curtail the financial returns of education and the number of women in the workforce — but who would want to do that?

The real income problem in this country is not a question of who is rich, but rather of who is poor. Among the bottom fifth of income earners, many people, especially men, stay there their whole lives. Low education and unwed motherhood only exacerbate poverty, which is particularly acute among racial minorities.

Making the poor more economically mobile has nothing to do with taxing the rich and everything to do with finding and implementing ways to encourage parental marriage, teach the poor marketable skills and induce them to join the legitimate workforce. It is easy to suppose that raising taxes on the rich would provide more money to help the poor. But the problem facing the poor is not too little money, but too few skills and opportunities to advance themselves….


There is the old saying “give a man a fish and feed him for a day, teach a man to fish and you will feed him for his lifetime.”  So while the left is busy handing out fish and advocate taking more from the best fishermen, the right is advocating teaching fishing to everyone. 

4.  Obamacare:  We are all Abortionists Now



The decision last week by Health and Human Services Kathleen Sebelius to reject the appeals of scores of religious leaders and retain a very narrow “religious” exemption from Obamacare’s so-called contraception mandate has ignited an uproar among Catholic leaders, as well it should — because it’s hard to fathom a government dictate more offensive than this one.



Here’s how we got where we are: Obamacare includes within its massive delegation of power to the federal government the authority to define what constitutes “preventive services” that must be covered by all health-insurance plans sold and purchased in the United States, including plans sponsored by employers. Services defined by HHS as preventive for purposes of this provision are required under the new law to be covered by the insurer or employer with no charge to the insurance plan’s enrollees.



Last August, in the course of writing a rule that would determine preventive health services for women, HHS decided that free contraception and sterilization services are a must. As a practical matter, that means all health-insurance plans sold in the United States in the very near future will include full coverage of products that terminate pregnancies, since some products classified by the FDA as contraceptives — and thus covered under the HHS definition — also act as abortifacients. While it is true that many insurance plans cover such products today, that’s mainly been the choice of the insurers and employers sponsoring the plans. HHS has now made such coverage obligatory nationwide, thus forcing tens of millions of pro-life Americans to pay for “services” with their health-insurance premiums that they find morally objectionable. (Grandfathered plans are exempt from this and other Obamacare rules, but the number qualifying for grandfathered status is expected to decline precipitously in the next couple of years.)



Bad as all that is, it gets worse. Not only must Catholics who work for non-Catholic employers pay for such products with their premiums, HHS also wants religious employers to cover such products in their health plans. Knowing that Catholic leaders and others would strongly object to this requirement, HHS included in the regulation issued last August a narrow exemption from this requirement for employers that are basically houses of worship. Much larger religiously affiliated institutions, such as Catholic universities, hospitals, and charitable enterprises, do not fit within the HHS exemption.


This is one of those Liberal dreams which will cost them in November.  The Catholic Church is already preaching against this and like the kids lemonade stand that the health authorities shut down because they don’t have a license, this is just plain stupid on the Obama Administration’s part.  Plus it violates the March 2010 agreement between Stupak and President Obama that Obama promised to sign an Executive order banning federal funding of abortion through the Patient Protection and Affordable Care Act.  The link below here is the letter read in thousands of Catholic Churches across the country.



….The Obama Administration has cast aside the First Amendment to the Constitution of the United States, denying to Catholics our Nation’s first and most fundamental freedom, that of religious liberty. And as a result, unless the rule is overturned, we Catholics will be compelled to either violate our consciences, or to drop health coverage for our employees (and suffer the penalties for doing so). The Obama Administration’s sole concession was to give our institutions one year to comply…
http://www.businessinsider.com/here-is-the-anti-obama-administration-letter-that-was-read-to-almost-every-catholic-sitting-in-church-today-2012-1#ixzz1kxvz4Wl3

Perhaps we should start comparing Obama to Nero or Diocletian or Galerius (all were famous for the persecution of Christians). 







5.  Obama the most polarizing President ever



…For 2011, Obama’s third year in office, an average of 80 percent of Democrats approved of the job he was doing in Gallup tracking polls, as compared to 12 percent of Republicans who felt the same way. That’s a 68-point partisan gap, the highest for any president’s third year in office — ever. (The previous high was George W. Bush in 2007, when he had a 59 percent difference in job approval ratings.)

In 2010, the partisan gap between how Obama was viewed by Democrats versus Republicans stood at 68 percent; in 2009, it was 65 percent. Both were the highest marks ever for a president’s second and first years in office, respectively.

What do those numbers tell us? Put simply: that the country is hardening along more and more strict partisan lines….




Or perhaps rather than hardening, the overreach by Obama and the left polarized the country.  Remember how Obama told us he would end the partisan bickering?  He not only didn’t, he’s made it worse.









6.   The 2012 election at the State level



While the Republican nomination contest has understandably been getting most of the attention in recent weeks, other elements of the 2012 election cycle have been coming into focus. After historic gains in state government in 2010, for example, Republicans have a growing number of opportunities to add to their majorities in governorships and state legislatures.



Right now, 29 of the nation’s states have Republican governors. Democrats hold 20 governorships, with one independent (Lincoln Chafee of Rhode Island). If you throw in the five territories and commonwealths with governors, the split is 32 Rs, 22 Ds, one I. In presidential years, there are 11 races for governor around the country. Of these, the largest prizes are North Carolina, Missouri, Indiana, and Washington.



North Carolina’s embattled Democratic governor, Bev Perdue, just announced that she won’t run for a second term. Her approval ratings went upside-down within months of her election in 2008, and she never recovered. Her 2008 opponent, former Charlotte mayor Pat McCrory, is a shoo-in for the Republican nomination and would have beaten her easily. Now the Democratic field is wide open. Unless former Clinton aide Erskine Bowles get in and quickly raises a lot of money, McCrory will probably win this race….



…Republicans also have solid chances of capturing Democratic governorships in Montana and New Hampshire. All Republican incumbents appear to be safe. So it is quite possible that on Election Day, the GOP will win at least a 32-17 edge in state governors.




I still remember the liberal pundit declaring after Obama’s election that the battle between the left and the right was over and the left had one.  They also spoke of 20 years of liberal dominance.  My how time flies.

Thursday, January 12, 2012

Voting from the grave

What’s new Today

Our #1 story tells of another expose by James O’Keefe in the potential of voter fraud in the Granite state.  #2 is a story about Lil Debbie.  #3 Obama continues to play the blame game.  #4 tells us the White House is not yet in campaign mode.  Could have fooled me.  #5 tells us despite what the democrats say, income disparity is not getting much worse.  It’s an interesting read. #6 questions the notion that the left is more empathic.  They aren’t. 





1.   Voter Fraud?

The guerrilla gotcha artist who punked New Hampshire says his latest ploy — using dead people’s identities to get ballots in the Granite State primary — is no different than what any hard-hitting network news operation does.

It’s just another kind of investigative journalism, insists conservative video activist James O’Keefe, who is now facing a state investigation.

“There is definitely a double standard against citizen journalists,” said O’Keefe. His undercover stings embarrassed ACORN in 2009, when he posed as a pimp seeking criminal advice from the left-leaning community service organization — and prompted high-level resignations at NPR, after an O’Keefe team posing as Muslim donors taped an executive calling Tea Party conservatives “seriously racist, racist people.”

I notice a contempt and a hostility from the media establishment towards us,” O’Keefe told the Herald yesterday. “The journalism establishment is not very friendly to me or to our work product, when they’ve been using these tactics for decades.”…



… Meanwhile, the New Hampshire Attorney General’s Office confirmed it is investigating the sting. “We are undertaking a comprehensive review of voting procedures with the secretary of state,” Associate Attorney General Richard Head added, declining to comment further.

Nashua City Clerk Paul Bergeron said he was angered by the “stunt.”

“I think successful prosecution would be a nice deterrent from this happening again,” Bergeron said….


It’s seem funny to me than whenever Democrats or people who represent their positions are caught in compromising situations, the Democrats almost always want to go after the people who shined a light on them. 



2.  Who’s to Blame?

An inter-party feud erupted Wednesday evening over whether the head of the Democratic Party blamed the Tea Party movement for the shooting one year ago in Tucson, Ariz. that killed six and injured Rep. Gabrielle Giffords (D-Ariz.).

The left claimed that Democratic National Committee Chairwoman Debbie Wasserman Schultz (Fla.) was referring to the rancor of public discourse — a hot topic in the days after the shooting.

Republicans called it a pathetic attempt to score political points, and demanded an apology…


It’s funny how the Democrats always see the Right as the cause of all things evil.  Even Lil Debbie in her remarks said, “I hesitate to place blame, but I have noticed it take a very precipitous turn towards edginess and a lack of civility with the growth of the Tea Party movement.”  Two things here: it hardly appears she was hesitating to place blame and her remarks to me look to lack civility. 



3.  You can fool all of the people, some of the time….



Last month the president went to Kansas to deliver a speech that told us precisely how he intends to frame his re-election campaign. By laying blame for our current economic challenges on a rogue and greedy business culture, the president hopes to convince a majority of voters that we have a fundamental lack of fairness and equality in America that can only be remedied through the expansion of government spending and the enactment of more laws and regulations.

It's a huge gamble — but one that I'm not yet willing to bet won't pay off.

Don't get me wrong; it’s not that I agree with the president. It's just that I've read enough history and heard enough people voice their frustration to know that it wouldn't be the first time a political figure has exploited the fears of people under stress by fueling the notion of economic boogeymen….






Obama is hoping to fool people again this time around.  I don’t think it will work because people now know what his solutions are and how well they work. 





4.  White House: No, we’re not campaigning

The White House has insisted time and again in recent days that it is not yet in campaign mode.

A business forum focused on keeping jobs in the United States that the president hosted Wednesday — the day after the New Hampshire primary — wasn’t a political event, the White House said.

Neither was last week’s recess appointment of Richard Cordray to head the new Consumer Financial Protection Bureau, a move that helped reignite Obama’s base. That surprise appointment came the day after the Iowa caucuses.

The president didn’t even watch the returns from New Hampshire that all but crowned Mitt Romney as the GOP presidential nominee, White House spokesman Josh Earnest told reporters on Air Force One on Wednesday….


This article brings to mind the old joke about how you can tell when a politician is lying?  Their lips are moving. 



5.  The Income-Inequality Myth

As we listen to President Obama, Occupy Wall Street, and much of the mainstream media working themselves into a lather over inequality in America, one thinks of “Harrison Bergeron,” the 1961 short story by Kurt Vonnegut that posited a society based on perfect equality, “not only equal before God and the law . . . equal every which way.” The government employed a “Handicapper General” to ensure that no one was smarter, more athletic, or more productive than anyone else. Beautiful people were forced to wear masks, athletic people had to carry weights, and intelligent people wore radios in their ears to interrupt their thoughts with loud noises.

Yet for all the sound and fury — and beating drums in Zuccotti Park — almost everything that people presume about inequality in America is wrong.

For example, nearly all reporting on income inequality in America has suggested that the incomes of the rich have been rising, while incomes for the rest of us have been stagnant or even declining. But that may represent a significant misreading of the data.

Most studies of inequality, including the recent widely reported study by the CBO, rely on IRS-reported taxable income. But, as studies by the Cato Institute’s Alan Reynolds and others show, reports of skyrocketing incomes among the top 1 percent of earners may be distorted by changes in the tax code that have resulted in more wealth being reported as taxable income. These tax changes caused businesses to switch from filing under the corporate tax system  to filing as individuals, and executives to switch from accepting stock options taxed as capital gains to nonqualified stock options taxed as salaries. Simultaneously, the reductions in income-tax rates in 1986 caused much previously unreported income to show up on tax returns….

… Similarly, many studies looking at low-income Americans fail to account for non-cash social-welfare benefits such as food stamps, housing subsidies, and Medicaid. Fully accounting for all of these factors suggests that the gap between rich and poor may not be nearly as large as thought, and that inequality may not be growing at all….


The last paragraph is important.  Non-cash means-tested social-welfare programs will amount to $900 BILLION this year (it doesn’t include Medicare, SS, etc.).  This is an 8% shift of income from the taxpayers to the poor and has been one of the fastest growing parts of the non-entitlement spending by the government.  And while we deduct taxes when we look at income, we don’t add in government programs.  The method used is designed to distort the data the way that understate what the poor have to live on and exaggerates income inequality.  BTW when I saw the bit about the ‘Handicap General,’ you’ve got to imagine that Richard Trumka would be lobbying Obama for that job. 

6.  Empathy and the Left

Lest you doubt that we’re headed for the most vicious election year in memory, consider the determined effort, within ten minutes of his triumph in Iowa, to weirdify Rick Santorum. Discussing the surging senator on Fox News, Alan Colmes mused on some of the “crazy things” he’s said and done.

… The short life of Gabriel Santorum would seem a curious priority for political discourse at a time when the Brokest Nation in History is hurtling toward its rendezvous with destiny. But needs must and victory by any means necessary. In 2008, the Left gleefully mocked Sarah Palin’s live baby. It was only a matter of time before they moved on to a dead one….

…In 1996, the Santorums were told during the pregnancy that their baby had a fatal birth defect and would not survive more than a few hours outside the womb. So Gabriel was born, his parents bundled him, and held him, and baptized him. And two hours later he died. They decided to take his body back to the home he would never know. Weirdly enough, this crazy weird behavior is in line with the advice of the American Pregnancy Association, which says that “it is important for your family members to spend time with the baby” and “help them come to terms with their loss.”…

…Indeed, flaunting their empathy is what got Eugene Robinson and many others their Pulitzers — Robinson describes his newspaper column as “a license to feel.” Yet he’s entirely incapable of imagining how it must feel for a parent to experience within the same day both new life and death — or even to understand that the inability to imagine being in that situation ought to prompt a little circumspection.

The Left’s much-vaunted powers of empathy routinely fail when confronted by those who do not agree with them politically. Rick Santorum’s conservatism is not particularly to my taste (alas, for us genuine right-wing crazies, it’s that kind of year), and I can well see why fair-minded people would have differences with him on a host of issues from spending to homosexuality. But you could have said the same thing four years ago about Sarah Palin — and instead the Left, especially the so-called feminist Left, found it easier to mock her gleefully for the soi-disant retard kid and her fecundity in general. The usual rap against the Right is that they’re hypocrites — they vote for the Defense of Marriage Act, and next thing you know they’re playing footsie across the stall divider with an undercover cop at the airport men’s room. But Rick Santorum lives his values, and that seems to bother the Left even more.

Never mind the dead kid, he has six living kids. How crazy freaky weird is that?...


The left gets no points for their real empathy.  It appears they have empathy only for those who subscribe to their political views and if they happen to be a woman or a minority, the left has special vitriol for them.