Worst Poverty Record Ever. James Carville: "Panic."

     To add insult to injury, o'tax'n spend, who has already added more to the national debt than all previous presidents combined, proposes spending still another $1,700,000,000,000.00 to further his robin hood-esqe "tax the rich to pay the poor" 'redistributive wealth' agenda to dismantle American capitalism! -- rfh 

     P.S.  If you read his latest jobs "plan" you will find those who earn as little as $150,000 he considers "rich."  [ Read it yourself at http://harrolds.blogspot.com/2011/09/orobin-hood-announces-447b-jobs.html ]  Since the federal government is broke, where will his 'throw money at it' solution get $1.7T?  Consider too that of the 2012 voter base nearly 50% pay no taxes while drawing above their $22,000 "poverty level" numerous government funds.

     Many, of the so-called "poor" live with amenities that would make most of the world envious.  Notwithstanding the fact that some "impoverished & down-trodden" spend more dollars directly, using tax augmented incomes  or consume more indirect government subsidized programs,  than the average 'so-called' middle class family which will be taxed still more under his 'pie-in-the-sky' scheme.  This is not to say that a truly indigent population does not exist but that it will always exist.  But, guess who he'll pander to in his speech stumping and how do you suppose they'll vote in 2012?

     He wants to keep the poor right where they are while he rewards his $1B unions' campaign donors with more millions and billions of tax payer fiat spent monies to keep his anti-capitalist socialist Marxist czarist regulatory business (and baby) killing economy destroying policies going...as long as he can...right up to voting day, Tuesday, November 6, 2012 - only 414 days away.

     His attacks against conservative talk radio/media, 'executive ordering' piecemeal dismantling of the 2nd Amendment, and his deliberate suppression of American energy development directly fills the coffers of "Great Satan", Western Civilization, and Israel's enemies.

    Unless a Democrat savior (or savioress) appears soon, America's fate may be sealed.
From: Chaplain Klingenschmitt  Sent: Friday, September 16, 2011 Subject: Obama: worst Poverty Record ever. James Carville: Obama should "Panic."

Obama breaks Poverty Record.  James Carville: Obama should "Panic."        President Obama already presided over the worst unemployment rate since the Great Depression, but now America's poverty rate has dramatically increased as well, reports the U.S. Census Bureau, who counted the number of Americans in poverty as the highest ever since they started tracking the number 52 years ago.        While Obama proposes job-killing tax and spend policies, the unemployment rate, national debt and number living in poverty continue to skyrocket to historical record highs.   In his speech to Congress, Obama proposed to borrow and spend another $447 billion for yet another Big Government bailout paid to his corporate friends, (just like he privately pressured the Pentagon to help big Democrat donors, like Solyndra and LightSquared).  Helping the unemployed find work is clearly not his priority, since Obama regulates and raises taxes on small business employers.         Even Democrats fear Obama's poor handling of the economy.  In a CNN editorial, Democrat icon James Carville said it was time for the President to "Panic" and "the time has come to demand a plan of action that requires a complete change from the direction that [Obama] is headed."      We voters told Obama to change course a year ago when we fired Nancy Pelosi as Speaker.  But sadly, the Obama Administration continues to fight against 3 good bills that could really fix the economy.  We must demand Congress act on these issues:        1) Fair Tax Act -  H.R. 25 promotes freedom, fairness, and economic opportunity by repealing the income tax, abolishing the Internal Revenue Service, and enacting a Fair Tax, which is a national sales tax to be administered primarily by the States.       2) Cut, Cap and Balance Act - pass a Constitutional Amendment to force Congress to cut, cap and balance the federal budget every year. (Passed by House, but stalled in Harry Reid's liberal Senate.)       3) Regulation Moratorium and Jobs Preservation Act - S.1438 provides no agency may push any significant regulatory action until the unemployment rate drops to less than 7.7%. Pass the Fair Tax       My dear friend Alan Keyes, with whom I stood as national campaign chaplain in 2008, said the IRS is a 20th century socialist tyrannical experiment in taxation, and it has failed.  The income tax is now over 85 years old, and before that the federal government held no claim on our personal income or possessions.  The only taxes allowed were on sales, excise, and tariffs.  Economic liberty was sought by our founding fathers, as the bulwark of our political liberty.  But the income tax gave the government control over us, overturning a government of the people.  Politicians now have power to decide how much income we can make, turning us all into slaves of the state.  As Alan Keyes says: "True economic liberty and moral revival go hand in hand."      The Fair Tax is undoubtedly the best "Jobs Bill" before Congress today. By replacing all personal and corporate taxes with a single sales tax on new items only, the bill would increase the amount money Americans have to invest, save, and spend. As the amount of investments and saving increase, banks will have a greater supply of money to lend for mortgages, and make interest rates more competitive.  Americans could save faster for a new home or new car, and pay off old debts and credit cards.  Increased buying power would also mean more jobs across America. With fewer punitive business taxes, American companies and jobs overseas would come back home.      The Fair Tax would apply evenly to citizens and immigrants.  All taxes generated on our current total consumption of $11 trillion would generate $2.6 trillion per year, which is  $400 billion more than the government currently collects.  A Fair Tax can solve the deficit!      Most importantly, every individual would decide how much of their own hard earned money the government should get, based on their own consumption.  Spend less money, pay less taxes!  Earn more income, save as much as you wish.  Since it's only a tax on new products, you could buy an old house or used car, and pay no taxes on it, making it much easier for young Americans to buy a first home or a family car, giving every American a fair chance to fulfill the American Dream. Cut, Cap and Balance the Budget      Obama plans to bully the American people out of yet another $447 billion bailout, just one month after he agreed to rein in his spending addiction.  Do we trust him yet?  Anyone who thinks the solution to fixing our economy is borrowing more money, is insane.      Just look at Bank of America, who received $45 billion in cash with another $97 billion if they need it.  President Obama gave our money to bail out their bank, and now they're foreclosing on record numbers of Americans!  According to the watch group ForeClosureRader "Bank of America appears to be primarily responsible for the surge in foreclosures" and according to CNBC defaults are up 15% nationwide, and Bank of America has increased its foreclosure rate 200% in the last few months. BOA's slogan should be "kicking hard working Americans out of their homes with the money we gave them."  And BOA just announced it will cut 30,000 jobs.      The Obama Administration and his Federal Housing Finance Agency are now suing Bank of America and many other companies, from Citigroup to General Electric, for "misleading" the government over the quality of loans sold to the public debt.  Bank of America has also been sued by AIG for securities fraud, for $10 billion according to AIG.      But their leaders still got $9.05 million and $14 million bonuses, proving Obama lies when he claims to be the party of the workingman and the poor.  It's time to petition your congressman: No more bailouts.  Our national debt is already $14.8 Trillion, exceeding our $14.4 Gross Domestic Product.  DON'T INCREASE THE NATIONAL DEBT another $447 billion for more Wall Street bailouts.         Sadly Obama appointed a "SuperCongress" to frighten Senior Citizens and rob the Pentagon budget, without passing any meaningful breaks for small business.   Regulation Moratorium and Jobs Preservation Act      Questions about sustainability of the United States economy continue to plague Obama, and keep his leadership ability in constant doubt.  The high unemployment rate is squarely President Obama's fault, due to over-regulation of small business:  99.7% of employers!        Stocks were down last month on poor jobs reports, as if more proof were needed of President Obama's failure to create jobs. "The U.S. economy failed to add any new jobs in August caused European and Asian stock markets to sink sharply Monday," reported AP.  "That jobs figure [ZERO JOBS CREATED] was far below economists' already tepid expectations for 93,000 new U.S. jobs and renewed concerns that the U.S. recovery is not only slowing but actually unwinding. U.S. hiring figures for June and July were also revised lower, only adding to the gloom."        New reports from the Department of Labor show the unemployment rate has nearly doubled in the first two years of President Obama's leadership.  In 2008 under President Bush unemployment averaged just 5.8%, but by 2010 after two years of Obama the unemployed rate rose to 9.6%.  This is second highest unemployment rate in over 60 years.  In 2011 the unemployment rate is averaging 9.01%, making this the first time since the Great Depression that unemployment has held above 9% three years in a row. Obamanomics has created the worst economy in four generations.      But we have good news. Senator Jim DeMint (R-SC) has proposed a bill that would actually create jobs, called S.1438, the Regulation Moratorium and Jobs Preservation Act of 2011.  According to the Small Business Association, small businesses employ 99.7% of all working Americans, and are responsible for 75% of all new jobs created. Small business is the driving force of the American economy as much today as ever.   Sen. DeMint is sponsoring a bill that calls for all Government agencies to STOP expanding regulatory compliance costs, until unemployment shrinks to 7.7%.  Let's petition 100 Senators and 435 Congressmen to STOP OVER-REGULATING SMALL BUSINESSES...       The Obama Administration has been over-regulating small businesses with "fees" as a "hidden tax" that cost American business more then $1.75 trillion each year.  Obama spent trillions bailing out Big Wall Street banks in 2009, has not offered so much as a penny to help the small town firm or farmer many were the hardest hit in the recession, and had to lay people off and in many cases closed their doors entirely.       Now as scary as these numbers are, they only hide the real depth of the problem.  The "dirty little secret" about unemployment numbers is that they only count unemployed people actively searching for jobs.  Obama does not count what economists call "discouraged workers" or "underemployed" workers with part-time jobs.  A discouraged worker actively seeks employment but did not find a job in one year of searching. Some people have been out of work so long, that Obama no longer counts them as unemployed.  Even if you look for a job every day, you no longer matter to the politicians, who only care about their re-election, so they fudge the unemployment numbers to make themselves look good, (despite the fact they over-regulated YOU out of a job).  Another group of people the "underemployed" or over-qualified for the job they have. The medical doctor who drives a taxi because it's the only employment he can find, is not counted as unemployed. Also not counted:  people who work seasonal jobs, and students who just graduated college and are still looking for their first job.  When all these people are counted, The Economic Policy Institute adds at least 11 million unemployed Americans. According to the Department of Labor 9.1% equals 14 million, so if you add the missing 11 million, Obama's true unemployment rate is closer to 16%.       Stopping the White House and its agencies from bullying extra "regulatory fee" taxes out of small business owners forces them to employ less people.  Obama's greed for big-government power has directly cost millions of Americans their jobs.  Unlike big banks, the small business man of America is not asking for an $8 trillion government handout, rather "They want the regulators off their back, the National Labor Relations Board to stop pushing the union agenda, and try to help companies that create jobs," said Senator DeMint.  Let's help put America back to work, by petitioning Congress to get off the backs of small business owners, so they can hire folks off the street.       Let's get Obama, Pelosi, and Reid off employer's back, and help get folks back to work. God Bless you, in Jesus' name, Chaplain Gordon James Klingenschmitt

P.S.  Prefer to donate by mail?  Please mail paper check or money orders to:   The Pray In Jesus Name Project, PO Box 77077, Colorado Springs, CO  80970.   Disclaimer: The views of Chaplain Klingenschmitt, who was honorably but involuntarily discharged from the Navy in 2007 after facing court-martial for praying "in Jesus name" in uniform, (but was later vindicated by Congress), are his own personal views, not the views of any political party, government, or organization.   For media interviews, select here.

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$12,000,000,000,000.00 in Debt - Help America get Deficit Free (Remember in '10)

 From: ConservativeActionAlerts Sent: Wednesday, November 11, 2009

U.S. ECONOMIC STATE OF EMERGENCY NATIONAL DEBT HITS 12 TRILLION DOLLARS FOR THE FIRST TIME IN HISTORY Dear Fellow Patriot, We've all heard about the Federal debt being an immoral burden for our children and grandchildren.  But the day of reckoning with our national debt is now here impacting us! Forget the grandkids, our economy is at grave risk of collapse right now! Federal deficits are projected to top $1 trillion every year for the next decade. We've doubled our debt to foreign countries in just the last four years. Our debt to China rose by almost 40% last year alone! In 2008, the interest on the national debt was $451 billion. Think of this. We could send 123,000 kids to college, or double the U.S. Border Patrol, or immunize every two-year old in America, with just one-day's interest on the national debt!   We now face economic collapse. The dollar is in near free-fall.  Foreign countries are balking at lending the U.S. more money, instead turning to gold for their currency reserves.  And that $9 trillion in new debt borrowing that's planned for the next decade, it won't happen. There's just not $9 trillion to borrow anywhere in the world. Congress will vote in December to extend America's indebtedness above $12,100,000,000,000, necessitated because our national debt grew last year by more than $1,400,000,000,000 and will grow this year by $1,400,000,000,000.  According to the Obama White House estimates, the national debt will continue to grow by more than $1 trillion for the next nine years.  Except it won't…because it can't.  Remember there just isn't $9 trillion to borrow. The dollar is in free-fall.  The Ponzi scheme Congress calls Social Security is about to collapse.  Foreigners are beginning to balk at loaning the US government more money. That grave economic turmoil our debt and deficit will cause in the future, it's now here. Lets put the 12 trillion dollar US DEBT into perspective:  What is 12 trillion dollars in terms of time and space? If you spent $1 per minute it would take 22,816,000 years  to spend 12 trillion.  Which would mean you would need to have started spending at the beginning of the Neogene Period or 20 million years before the Ice Age. If you had 12 trillion frequent flyer miles, you could travel first-class, round-trip to the SUN and back 67,500 times. Beyond threatening our economic security, our national debt is imperiling our national independence. We now owe foreign entities $3.448 Trillion - 28.2% more than just 12 months ago! Three of the five largest holders of US debt should cause you sleepless nights. We owe China the most, $797 billion  -- 38.9% more than we did just 12 months ago. We owe Oil Exporting Countries $189.2 billion – 11.5% more than just 12 months ago. We owe Caribbean Banking Centers (thought to hold billions in narco-terrorist money) $180.2 billion – 35.5% more than just 12 months ago. Japan and the United Kingdom round out the top five foreign debt holders, with our debt to the UK increasing an astonishing 173% in just the last 12 months.  Can we really expect China to increase its lending to the US by nearly 40% next year, and each of the next nine years? Even if it wanted to, the UK doesn't have the cash to increase its lending to the US by another 173% next year. Any one of these debt holders could put the US economy in collapse overnight by selling or even just threatening to sell off their US debt holdings.  We owe them...they own us!  Clearly, our national independence is in grave risk. The Federal government also owes Social Security and Medicare $4.5 Trillion.  With the economic downturn, Social Security doled out more money than it took from employees' paychecks for the first time this year.  By 2016 - just seven years from now - according to the Social Security Trustees report, Social Security will move from surplus to permanent deficit as the baby boomers retire. That "lock-box" presidential candidates like to talk about has never existed.  The Social Security ponzi scheme makes Bernie Madoff look like a wayward kid shoplifting a pack of gum. If we do not balance the budget by the time Social Security moves to permanent deficit in 2016, we almost assuredly will not without a cataclysmic economic crisis. Had enough GLOOM & DOOM? What's the solution? A balanced budget constitutional amendment. History has shown Congress simply won't act responsibly unless the voters force them to balance the budget. With great voter pressure, Congress came within 1 Senate vote of passage of the balanced budget amendment in 1996 – and the Congress passed balanced budgets each of the next four years. When support for the balanced budget amendment waned, Congress spent like crazy. A balanced budget amendment is the only cure to a Congress unwilling to control spending. In fact, Germany passed the BBA just last year.  That's why we launch this week DeficitFree.com – a national push for a Balanced Budget Amendment by July 4, 2013, and a balanced Federal budget by July 4, 2016. These would be the two best birthday gifts we could give our country! Our first and immediate goal is to bring together 5 Million Balanced Budget Amendment supporters by July 4, 2010, with a minimum of 5,000 from each Congressional district. You can join the movement at www.DeficitFree.com. This non-partisan movement is being launched by some of America's most successful grassroots activists – not Washington DC politicians. We need 5 million voters to work together to ensure the Balanced Budget Amendment becomes the most prominent issue in the 2010 Congressional races and in the 2012 Presidential contest. If we don't, it won't be our grandkids who will suffer the economic collapse of our country and our loss of national independence. It will be us! Defend America, Tim Mooney, http://www.DeficitFree.com  P.S.  The Social Security Trustees predict Social Security will move from surplus to permanent deficit by 2016 – just seven years from now. If we haven't balanced the budget by then, we likely won't without a cataclysmic economic collapse. That's why we need a Balanced Budget Amendment passed now!  Please sign the DeficitFree.com petition now!  http://deficitfree.com/petitions/petition-for-a-balanced-budget-amendment/ Deficit Free - 406 First Street SE, Third Floor, Washington DC 20003 Conservative Action Alerts, 1725B Oregon Pike Suite #106 - Lancaster, PA 17601 US Also, watch the videos in the blog below at http://harrolds.blogspot.com/2009/09/national-debt-how-come-how-much-who-do.html

o'nomics - Federal obligations exceed world GDP!

related, debt clocks, videos & articles:  http://harrold.org/rfhextra/debt.html   This is a WorldNetDaily printer-friendly version of the article which follows. To view this item online, visit http://www.worldnetdaily.com/index.php?pageId=88851  WorldNetDaily Exclusive Federal obligations exceed world GDP Does $65.5 trillion terrify anyone yet? [UPDATE ~ OCT'09: It now exceeds $71T min to $107T max! & climbing!] see http://harrold.org/rfhextra/debt.html Posted: February 13, 2009 on WorldNetDaily By Jerome R. Corsi As the Obama administration pushes through Congress its $800 billion deficit-spending economic stimulus plan, the American public is largely unaware that the true deficit of the federal government already is measured in trillions of dollars, and in fact its $65.5 trillion in total obligations exceeds the gross domestic product of the world. The total U.S. obligations, including Social Security and Medicare benefits to be paid in the future, effectively have placed the U.S. government in bankruptcy, even before new continuing social welfare obligation embedded in the massive spending plan are taken into account. The real 2008 federal budget deficit was $5.1 trillion, not the $455 billion previously reported by the Congressional Budget Office, according to the "2008 Financial Report of the United States Government" as released by the U.S. Department of Treasury. The difference between the $455 billion "official" budget deficit numbers and the $5.1 trillion budget deficit cited by "2008 Financial Report of the United States Government" is that the official budget deficit is calculated on a cash basis, where all tax receipts, including Social Security tax receipts, are used to pay government liabilities as they occur. But the numbers in the 2008 report are calculated on a GAAP basis ("Generally Accepted Accounting Practices") that include year-for-year changes in the net present value of unfunded liabilities in social insurance programs such as Social Security and Medicare. Under cash accounting, the government makes no provision for future Social Security and Medicare benefits in the year in which those benefits accrue. "As bad as 2008 was, the $455 billion budget deficit on a cash basis and the $5.1 trillion federal budget deficit on a GAAP accounting basis does not reflect any significant money [from] the financial bailout or Troubled Asset Relief Program, or TARP, which was approved after the close of the fiscal year," economist John Williams, who publishes the Internet website Shadow Government Statistics, told WND. "The Congressional Budget Office estimated the fiscal year 2009 budget deficit as being $1.2 trillion on a cash basis and that was before taking into consideration the full costs of the war in Iraq and Afghanistan, before the cost of the Obama nearly $800 billion economic stimulus plan, or the cost of the second $350 billion in TARP funds, as well as all current bailouts being contemplated by the U.S. Treasury and Federal Reserve," he said. "The federal government's deficit is hemorrhaging at a pace which threatens the viability of the financial system," Williams added. "The popularly reported 2009 [deficit] will clearly exceed $2 trillion on a cash basis and that full amount has to be funded by Treasury borrowing. "It's not likely this will happen without the Federal Reserve acting as lender of last resort for the Treasury by buying Treasury debt and monetizing the debt," he said. "Monetizing the debt" is a term used to signify that the Federal Reserve will be required simply to print cash to meet the Treasury debt obligations, acting in this capacity only because the Treasury cannot sell the huge of amount debt elsewhere. The Treasury has been largely dependent upon foreign buyers, principally China and Japan and other major holders of U.S. dollar foreign exchange reserves, including OPEC buyers purchasing U.S. debt through London. "The appetite of foreign buyers to purchase continued trillions of U.S. debt has become more questionable as the world has witnessed the rapid deterioration of the U.S. fiscal condition in the current financial crisis," Williams noted.

"Truthfully," Williams pointed out, "there is no Social Security 'lock-box.' There are no funds held in reserve today for Social Security and Medicare obligations that are earned each year. It's only a matter of time until the public realizes that the government is truly bankrupt and no taxes are being held in reserve to pay in the future the Social Security and Medicare benefits taxpayers are earning today."

Calculations from the "2008 Financial Report of the United States Government" also show that the GAAP negative net worth of the federal government has increased to $59.3 trillion while the total federal obligations under GAAP accounting now total $65.5 trillion.

The $65.5 trillion total federal obligations under GAAP accounting not only now exceed four times the U.S. gross domestic product, or GDP, the $65.5 trillion deficit exceeds total world GDP.

"In the seven years of GAAP reporting, we have seen an annual average deficit in excess of $4 trillion, which could not be possibly covered by any form of taxation," Williams argued.

"Shy of the government severely slashing social welfare programs, federal deficits of this magnitude are beyond any hope of containment, government or otherwise," he said.

"Put simply, there is no way the government can possibly pay for the level of social welfare benefits the federal government has promised unless the government simply prints cash and debases the currency, which the government will increasingly be doing this year," Williams said, explaining in more detail why he feels the government is now in the process of monetizing the federal debt.

"Social Security and Medicare must be shown as liabilities on the federal balance sheet in the year they accrue according to GAAP accounting," Williams argues. "To do otherwise is irresponsible, nothing more than an attempt to hide the painful truth from the American public. The public has a right to know just how bad off the federal government budget deficit situation really is, especially since the situation is rapidly spinning out of control.

"The federal government is bankrupt," Williams told WND. "In a post-Enron world, if the federal government were a corporation such as General Motors, the president and senior Treasury officers would be in federal penitentiary."

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ObamaCare Tax Gap Is 1 Trillion Dollars

From: ConservativeActionAlerts  Sent: Tuesday, October 06, 2009

 

ObamaCare funding is more than $1 Trillion short and cannot be paid for without new taxes.

Obama and Democrats in Congress are ignoring plan details and adding more than $3000/year of debt to every American.

Obama has lied again by pushing massive tax increases on every American earning less than $250,000/year.  Every Person will be hurt with increased costs of an out of control Government Run Health Care bureaucracy.

How does Obama Plan To Pay For It ALL?

• Tax and hurt seniors by taking $500 Billion from Medicare.
  
• Tax and hurt the uninsured by forcing them to spend 20% of their pay and buy Government Run Healthcare
  
• Tax and hurt those with private insurance by forcing them to taxes on their employer health care plan.
  
• Tax and hurt every American who turns on a light switch imposing a new Green Energy Tax (Cap and Trade) that steals 80% of the new tax for Obama's general budget.

ObamaCare's fuzzy math calculations for Medicare claim that the government run plan is less costly. A Heritage Foundation study shows that Medicare administration more costly than private insurance. Is this just another lie or is Obama just believing his own Spin? Polls Show That The Plans Details Are Killing ObamaCare! The Latest Rasmussen Poll - 56% Opposed To ObamaCare!!!! Only 41% Favor Government Health Care Takeover - A New Low! Fox News reports that the bill "has no Republican support and moderate Democrats say the Senate will never go along" We are starting to win but we need to kill off this beast. Healthcare in America can be improved but what Obama wants to do was wrong and he continues to lie and mislead Americans.   Democrats are responding with divisive hate statements and attack ads against Republican Senators. Congressman Patrick Kennedy (D) RI has stepped up the anti-ObamaCare-people-are-violent-and-must-be-stopped rhetoric, saying "Some people can see through TV ratings and right-wing talk show hosts that just try to create some theater, but unfortunately, there are some that can't see through it. And that's the danger in it." Now Patrick is another Kennedy clan member that thinks you are too dumb to make up your own mind. These attacks reveal desperation by Democrats and cover up the plain truth of the Bill.  AmeriPac reveals the truth with by simply publishing the Bill details that are killing ObamaCare. Obama's continues his fear campaign with "horror stories" that turn out to be misleading. This time about a woman who, he says, lost her health insurance on the verge of breast cancer surgery because she didn't disclose a case of acne to the insurer. That's not what happened. While she did lose her health care it was because she had failed to disclose her previous heart condition and did not list her weight accurately. Barack Obama, Nancy Pelosi, and Harry Reid are dead set on forcing America into accepting their plans for socialized health care.  They think that we can't stop them -- but in fact, we know HOW to stop them cold. It's a way that has worked in the past, and it can work TODAY -- but we need YOUR help to MAKE it work!   Let me explain. In 1993, the new Clinton administration was itself dead set on ramming through their OWN version of socialized medicine -- what came to be known as "HillaryCare" since Hillary Clinton was leading the public charge for it. The Democrats had the votes to pass it right through -- they controlled Congress AND the presidency. The American people were about to be FORCED to swallow this bitter pill of socialism. Sound familiar? So what happened to STOP them? Something incredibly simple -- because it exposed the incredibly complicated web of details of the proposed plan. What stopped "HillaryCare"... was a CHART. You read that right. A government takeover of healthcare was moving on a fast track to passage... and then GOP Representatives and Senators took to the floors of Congress and made speeches, using a chart to show the tangled maze of new bureaucracies that the plan would create, and which would bury average Americans with a tsunami of government regulations. That chart, created by Former House Majority Leader Dick Armey and his staff, was captioned "Simplicity Defined." Sen. Arlen Specter (a Republican back then) displayed the chart in the Senate, and on Larry King Live in 1995 he declared, "I was one of the leaders in the Senate that defeated [Clinton's] health care plan. You might remember my chart... which showed what a tax and spend policy it was." One of Hillary Clinton's comments after the defeat of HillaryCare was, "We never overcame the chart." Sen. Bob Dole showcased the memorable spaghetti-like visualization during his 1994 response to President Clinton's State of the Union address, and it was a powerful warning against the sales pitch that preceded it. In 1993, the radical Left's attempt to force a government takeover of healthcare in America was defeated by a CHART. Now, in 2009, we can defeat the new attempt from the Left... with a NEW chart, full of the socialistic, bureaucratic mess of a maze that is "ObamaCare." But to do that, we need to FORCE Congress to LOOK at it -- and we need YOUR help to do that! As reported in National Review, "When it became clear that another effort would be made at overhauling the nation's health-care system, House Minority Leader John Boehner and other Republicans asked the Joint Economic Committee to draw up another chart, depicting how the system would work under House Democrats' draft legislation. Each staff economist was directed to go through the bill, spotlighting new agencies, mandates, and regulations. Then the bill was dissected a second time, line by line, to ensure that all the parts were accurately represented." It was Rep. Kevin Brady and the GOP staff of the Joint Economic Committee who finally charted the byzantine health care structure that would be established by the House Democrats' version of the ObamaCare bill. Needless to say, this "panorama of jelly beans on top of a computer's circuit board" isn't pretty; to the average American, it looks like a maze that they'll have to navigate before receiving medical care. AND IT IS -- the parts in white already exist, and the colored boxes are the new entities, offices, requirements, reports, and subsidies the Democrats' bill would create. THIS IS THE SILVER BULLET THAT CAN KILL THE OBAMACARE BEAST! In recent weeks, we've begun to see this new chart appear on the floor of the House of Representatives. Rep. Steve King (R-IA) refers to the old HillaryCare chart regularly in his floor statements, declaring that it "hung on the office in my construction office throughout that entire decade and probably past the change of the millennium. It hung there because it scared the living daylights out of me, as an employer who was providing health insurance for my employees and, of course, my family as well... [This chart] sunk HillaryCare, because the people in this country did not want to create all of this bureaucracy and give all of this control and authority over to the government." Rep. King is correct -- that chart DID sink HillaryCare. But that chart looks TAME compared to what Obama, Pelosi and Reid are now proposing -- which is why the NEW chart could sink ObamaCare even FASTER than was done before... IF we can force every Member of Congress to LOOK at it!   How can we be sure that this chart can be the turning point in killing off the far Left's latest attempt at socialized healthcare? Because even THEY are trying to keep it hidden! According to the Congressional newspaper Roll Call, the Democrats are so spooked by the idea that their constituents might learn some of the details of their health care plan that they are trying to block Republican Congressmen from mailing out the chart! You read that right! According to reports, "Democrats are preventing Republican House Members from sending their constituents a mailing that is critical of the majority's health care reform plan, blocking the mailing by alleging that it is inaccurate." And as Rep. Brady has responded, "The chart reveals how their health care bureaucracy works, and people are frightened by it... So this is their effort to try and discredit" the chart. "Hiding the truth about wildly unpopular policies is a Democrat specialty," said one GOP aide. "I'd like to see the flow chart on how Speaker [Nancy] Pelosi plans on implementing the open and transparent government she keeps promising everyone." Don't hold your breath. Once again, the Democrats are using their majority power like they're dictators, trying to keep the TRUTH from the American people and their Representatives in Congress. We MUST not let them succeed! That's why we've set up our site to enable you to send "blast faxes" to every single Senator and Representative on Capitol Hill, demanding that they read every line of the ObamaCare bill, look at every single detail exposed by this new chart, and KILL this new attempt at a government takeover of American healthcare! Please don't delay -- Congress is in session right now, and if we don't stand up and FIGHT against the radical Left, there might be nothing left of the America we know and love for our children! Take action now! Sincerely, , Alan M. Gottlieb, Chairman, AmeriPAC P.S. Rep. King has stood strong on the floor of the House in opposing ObamaCare, saying, "I would put it out this way: This is the HillaryCare plan. This is 1993 HillaryCare; the flowchart that I think sunk HillaryCare. The chart that scared the American people and mobilized them to ring the phones off the hook then, to run ads and raise their resistance because they did not want to have a government-run plan that took away their freedom. That's HillaryCare. This is ObamaCare. If you hated HillaryCare, you can't like ObamaCare... [The Democrat leaders] believe in censoring, but the American people cannot be censored. We have Internet. We have Twitter. This kind of a chart can be forwarded all over this country, and by tomorrow morning it could be on every computer if the American people just decided they wanted to make sure that you could see it. You can't understand this health care program if you read the print, but if you look at this chart on your screen, you will pick up the phone, and the American people will be scared enough, I think, to jam the phone lines again in field offices." THAT IS EXACTLY WHAT NEEDS TO HAPPEN! We need to completely overwhelm every single Congressman and Senator's office, DEMANDING that they look at the details of ObamaCare, and KILL THE BILL. But we need YOU to take action NOW to make it happen! 

 

Please make checks payable to AmeriPAC: American Political Action Committee (AmeriPAC), PO Box 1682, Dept Code 3066, Bellevue, WA 98009-1682 Paid for by AmeriPAC, a federally-authorized and qualified multicandidate political action committee. Contributions to AmeriPAC will be used in connection with federal elections. Maximum contribution per individual per calendar year is $5,000. Contributions from foreign nationals and corporations are prohibited. Contributions are not deductible for federal income tax purposes.

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Dollar under scrutiny at G20 summit

From: kd Sent: Th.24Sep09  (Yahoo News/AFP)

AFP/File – The embattled US dollar is expected to come under scrutiny at a summit of developing and industrialized … .by P.Parameswaran – Thu Sep 24, 7:45 am ET

PITTSBURGH, Pennsylvania (AFP) – The embattled US dollar is expected to come under scrutiny at a summit of developing and industrialized nations following China-led calls to review its role as a reserve currency.

The dollar issue is bound to surface at the two-day meeting in Pittsburgh as US President Barack Obama and other leaders of the Group of 20 economies debate a new framework for tackling the so called global "economic imbalances" blamed for fuelling the latest financial crisis.

"Though not clear how the plan would be enforced, it would involve measures such as the US cutting its deficits and saving more, China reducing its reliance on exports and Europe making structural changes to boost business investment," analysts at French bank Societe Generale said in a report.
Some argue that the financial crisis resulted from imbalances between savings and investment in major economies, which have led to large current deficits, as evident in the United States, and surpluses, as enjoyed by China.

Beijing was the first to call for a new global currency as an alternative to the US dollar as the US deficit rocketed -- the White House estimates it could reach nine trillion dollars over a decade.

Chinese Premier Wen Jiabao expressed concern as early as March over the safety of his country's huge US bond holdings now worth more than 800 billion dollars, making it the largest creditor to the United States.

Then, Chinese central bank governor Zhou Xiaochuan, who supervises more than two trillion dollars worth of dollar reserves, the world's largest, raised the stakes by calling for a new reserve currency in place of the dollar.

He wanted the new reserve unit to be based on the SDR, a "special drawing right" created by the International Monetary Fund, drawing immediate support from Russia, Brazil and several other nations.

"These countries realize that they would suffer losses if inflation eroded the value of the dollar securities they own," said Richard Cooper, a professor of international economics at Harvard University.

But he said there were no feasible alternatives to the US dollar as a widely used international currency, discounting even IMF's synthetic SDR currency, comprising a basket of the dollar, euro, yen and the pound.

"The dollar will remain the dominant world currency, thanks to the stability of our political system and the rule of law that isn't a feature of many other economies," said Irwin Stelzer, director of economic-policy studies at the Washington-based Hudson Institute.  Some groups, he said, were buying euros and other currencies from time to time, "but not in amounts that threaten the dollar's primacy."

Even the Chinese are stuck with nearly a trillion dollars worth of US bonds and are not likely to drive down the value of that hoard by selling large amounts of dollar-denominated assets, Stelzer said.

But what is baffling analysts is that a key UN agency -- the United Nations Conference on Trade and Development, or UNCTAD -- has joined the chorus of calls for a new reserve currency.

An UNCTAD report this month endorsed a proposal that IMF-issued SDRs "could be used to settle international payments."

Until the current global economic crisis, SDRs issued by the IMF have been used by IMF member nation states "primarily as a reserve account to support international trade transactions, not as an alternative international currency available to settle international debt transactions in danger of default," said political scientist Jerome Corsi in "Red Alert," a global financial newsletter.

China, meanwhile, continues to flex its muscle.

It has proposed that the G20 economies consider setting up an international wealth fund that would invest a portion of its members' current-account surpluses in developing economies.

"These comments reinforce their desire to diversify out of dollars and to encourage other nations to do so as well," said Kathy Lien, chief strategist for Global Forex Trading.

A few Chinese deals were recently seen accepting payment in the currency of the buyer rather than in dollars, especially with Brazil, which the Asian giant is wooing as a future oil supplier.

In addition, China -- the first nation to sign an agreement to buy IMF bonds -- took the unsual step of paying for the papers equivalent of 50 billion dollars with its yuan currency rather than dollars, which Beijing uses for much of its trade and other foreign transactions.

Carl Weinberg, chief economist of High Frequency Economics, said he was surprised by the move but did not see it having any major impact on the dollar.

"The transaction can now be clearly seen as a political move by Beijing to get more traction in the governance of the IMF, not as an effort by the PBOC (Chinese central bank) to reduce the share of dollars in its reserve asset," he said.

.Related Searches: chinese central bank governor zhou xiaochuan | current global economic crisis | reserve currency

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"The Debt Star"

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o'tax'n spend o'bamacare (more debt & taxes for you)

"It is much more important to kill bad bills than to pass good ones."
-- Calvin Coolidge (1873-1933), 30th US President
http://quotes.liberty-tree.ca/quote_blog/Calvin.Coolidge.Quote.A21F";

o'tax'n spend's health plan legislation, as of today, is reported to be 1018 pages long [before last minute amendments that'll be snuck in at the last minute in the middle of the night] and according to most estimates if federal health care is passed, it will cost a minimum of one trillion dollars ($1,000,000,000,000.00) which figures out to cost Americans one billion dollars ($1,000,000,000.00) per printed page!

Coupled with the other o'bamanomics spending sprees, the average tax bite will exceed 50% of your total income if you live in one of 37 states and as much as 57% or more in some other states!

The Congressional Budget Office reports that o'bamacare will actually far exceed Obama/Reid/Pelosi liberal Democrats' estimates in its total costs to America during it's 1st ten (10) years ...possibly as much as one trillion 600 billion dollars ($1,600,000,000,000.00) and, estimates beyond indicate that the U.S. economy can not sustain the debt!

Adding injury to an already insult, the o'bamacare plan has a provision that could outlaw private medical insurance coverage for all Americans. "Under the Orwellian header of "Protecting The Choice To Keep Current Coverage," the "Limitation On New Enrollment" section of the bill clearly states: "Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day" of the year the legislation becomes law."
source:
http://newsbusters.org/blogs/tom-blumer/2009/07/16/ibd-individual-private-health-insurance-illegal-under-house-bill

Tax rates around the world [2005], which can be seen at:
http://en.wikipedia.org/wiki/Tax_rates_around_the_world
clearly show that the United States will become the most tax burdened country in the world!
Notwithstanding the rosey, albeit flawed, 2005 OECD report http://moneycentral.msn.com/content/Taxes/P148855.asp
which, prior to the Bush $700 billion dollar bailouts and o'tax'n spend's additional Trillion$, showed the U.S. to then carry less of tax load than most other developed countries.

During the next election cycle, in 2010, Americans have a chance, if the liberal Democrat / Obama government hasn't already ruined the U.S. economic future, to vote all of the tax'n spend fools out of Washington, State Legislatures and Government mansions around the country.

"I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them. It is not to inaugurate new programs, but to cancel old ones that do violence to the Constitution ... or have failed their purpose ... or that impose on the people an unwarranted financial burden. I will not attempt to discover whether legislation is 'needed' before I have first determined whether it is constitutionally permissible. And if I should be attacked for neglecting my constituents' 'interests,' I shall reply that I was informed that their main interest is liberty, and in that cause I am doing the very best I can."
-- Senator Barry Goldwater (1953-1965, 1969-1987) from quotes.liberty-tree.ca


Wikipedia.org biograph: Barry Morris Goldwater
(born in the Arizona Territory, January 1, 1909 died May 29, 1998 in the State of Arizona)
businessman, soldier (WWII/Korea), politician
United States Senator from Arizona (1953-1965, 1969-1987, R-AZ)
Republican Party nominee for President, 1964
MajorGeneral, U.S. Air Force Reserve
known as "Mr. Conservative"..the politician most credited for sparking the resurgence of the American conservative political movement in the 1960s.

related: American Founding Fathers' & Traditional American Values quotations at http://harrold.org/quotes

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