Posts Tagged ‘layoffs’

Fiscal Cliff Deal Is A Raw Deal For The Rich And For America. And It Sets Up ANOTHER Raw Deal In Sixty Days Over Out-Of-Control Obama Spending.

January 2, 2013

It’s a truly fascinating thing.  Had we “gone over the cliff,” do you know what would have happened?  We would have returned to the Clinton tax rates.

What is truly remarkable is that the Clinton tax rates are now nearly universally viewed by Democrats as having been 98% pure, distilled evil.  Because the Democrat Party has now been saying that Americans can’t afford to pay the stupid and evil tax rates that Democrats once demanded they pay.

But what would have been stupid and evil and harmful to the American economy for 98% of the population is in fact true for 100% of the population.  It is simply a gargantuan lie to try to argue that the laws of economics – that when you tax something you invariably get LESS of it – is true for 98% but is a lie for 100%.

Yes, it is a fact of history that the Republican Party under George W. Bush saved America with the tax cuts that helped the middle class grow more and spend more.  And it is now a fact of history that Democrats are now implicitly saying that the Clinton tax rates were 98% evil and counterproductive to a growing economy.  Democrats were completely wrong about their high tax rates; but Democrats are liars who won’t EVER admit they were wrong.  Instead they merely continually shift their demonization and demagoguery to a different target without ever admitting that it was only a relative few years ago that Democrats were attacking the middle class with high taxes that are suddenly now universally recognized as evil.

Isn’t it amazing how Obama, the Democrats and the mainstream media propaganda actually just claimed credit for 98% of the Bush tax cuts while still blaming Republicans as evil for creating the very thing that Democrats are on record as now being 98% for?  How does this kind of falsehood pass for truth???

Here’s a little bit of fact for you: BILL CLINTON CUT TAXES FAR MORE THAN HE RAISED THEM.  It wasn’t until Clinton CUT the capital gains tax in addition to many other tax reforms that the economy truly took off and the budget deficit shrank.  Versus Barack Obama, who has stratospherically hiked taxes on the rich and on the middle class via massive regulation and the equally massive ObamaCare tax hike.

And keep in mind that Bill Clinton – who largely presided over a good economy with the help of Republicans who controlled both the House and the Senate – said “the era of big government is over.”  Obama reversed that and now America will pay dearly for it.

It is a fact of history that Democrats are now demanding that we keep 98% of Bush’s tax cuts while simultaneously taking credit for them.  While amazingly still saying that the Bush tax cuts – which they now say were 98% good – are still evil.

Democrats claim that their tax hike on the rich, on the other hand, will generate $620 billion in additional revenues.  Here’s the first problem with the deal that Republicans were trapped into: no it won’t.

History is now replete, full, satiated, gluttonously gorged with examples of Democrats’ stupid tax claims doing the very opposite of what they claimed it would do.  The most infamous example is the luxury tax or so-called “yacht tax” on the rich.  Democrats assured Americans that the rich could certainly pay a little more (there’s a line that stupid people keep arguing, isn’t it?) to own luxury items.  Democrats saw the government getting more and the rich paying “more of their fair share” (there’s another stupid line of demagoguery for you).  What in FACT happened was that it turned out that, guess what, rich people AVOID TAXES just like everybody else tends to do.

Falling Tax Would Lift All Yachts
By AGIS SALPUKAS
Published: February 7, 1992

The nation’s luxury-boat builders, many clinging to their businesses after two years of plunging sales, finally got some good news last week.

President Bush, in his budget proposals, asked Congress to repeal the 10 percent luxury tax on yachts priced at more than $100,000 (and also on private planes that cost more than $250,000). The repeal, which Congress is likely to approve, would be retroactive to Feb. 1.

Since the tax took effect in January 1990, hundreds of builders of large and small boats have spoken of it as a stake driven into the heart of an industry already suffering from the recession, tighter bank rules on financing and fallout from the gulf war.

In the last two years, about 100 builders of luxury boats — recreational craft costing more than $100,000 — cut their operations severely and laid off thousands of workers. Some builders filed for protection from creditors under Chapter 11 of the Federal Bankruptcy Code.

Now, sales personnel and owners of marine companies are hoping they will be swamped by buyers who have held off in the expectation that the tax will be repealed.

The 10 percent tax applies to the amount of the cost above $100,000, so that a boat selling for $300,000 carries a $20,000 luxury tax. That tax is in addition to any state and local taxes. […]

Also, boat prices have dropped as much as 40 to 50 percent, interest rates have fallen and some lenders have begun to offer financing, though on very strict terms.

In 1991, sales of luxury boats dropped 70 percent from 1990’s level, while overall boat sales fell 18 percent. Relies on Foreign Customers

The luxury tax really hurt us,” said William J. Healey, the president of the Viking Yacht Company in New Gretna, N.J.

He gestured toward a few big luxury boats being built there. A 50-foot boat costing $800,000 is bound for Italy; a $1 million yacht may be sold in Japan. A 65-foot motor yacht costing $1.3 million is bound for Greece.

The business from overseas, developed in the last two years, is enabling Viking to limp along, its work force cut to 150 workers from 800. “Very fortunately, it has helped us weather the downturn,” Mr. Healey said as he pointed to two production lines that have been inactive for several years.

Domestic demand fell so sharply that a year ago Viking shut an operation in Tampa, Fla., that employed 800 workers. The plant was built in the boom of the 1980’s, when most boat makers could not keep up with demand.

Yeah, that’s right, stupid liberal.  Raising taxes on the rich a few percent won’t hurt anybody.  They can afford it.

And if you’re either stupid or demon-possessed, you still believe that damn Marxist class warfare lie.  But people who prefer the truth and have a clue about something called “history” sure don’t.

The fact of the matter is simple and straightforward: lower tax rates for EVERYBODY creates more incentive to work harder and invest more because you are allowed to keep more of what you earn.  It is a simple truth of American history that every single time tax rates have been cut, we have had growth that generated MORE revenue than we otherwise would have.

There’s a second and even more harmful reason that Obama won’t raise more revenue as he falsely claims: because he’s going to be targeting and attacking the small businesses that create jobs.  Yes, it’s true on one level that 97% of small businesses won’t see their taxes shoot up and force them to lay off workers and cut back to pay the dictator.  But as is often true, another word for “lie” is “statistic.”  Because here’s the thing: THAT THREE PERCENT OF THE BUSINESSES DO MOST OF THE ACTUAL HIRING.

I documented this back in July:

Please take a look at the US government census information on small businesses.  The latest data they have on file comes from 2008:

Out of 27,281,452 total firms, 21,351,320 are listed as “nonemployer firms.”  Which means that 78.23 percent of all small businesses hire ZERO employees.   So when Obama says that 97% of small businesses won’t be affected by his tax hike, please understand that the whopping majority of those businesses that won’t be affected aren’t hiring anybody.  Another 3,617,764 small businesses have no more than four employees.  Those small businesses that hire zero workers plus those small businesses that hire no more than four workers constitute 91.5% of ALL small businesses.

Here’s a more relevant way to look at it.  When you consider the businesses that employ more than four people, you are looking at businesses that hire 94.97 percent of ALL the workers who work for small businesses.  And while not all of the small businesses that hire between 5-9 employees are going to be paying higher taxes as a result of Obama’s class warfare on small businesses, most of them do.  And virtually none of the businesses that hire more than ten employees are going to earn less than $250,000 a year.

So, yeah, the kid who is an “independent contractor” working his paper route won’t be paying more taxes under Obama’s class warfare plan.  That’s great.  But the overwhelming majority of small businesses (defined as businesses employing 499 or fewer workers) are going to get the crap beat out of them.

So Obama and Democrats like to point out that 97% of small businesses won’t be affected by their tax hikes.  But more than 78% of small businesses in his “97 percent” figure are “nonemployer firms” and hire ZERO workers.  So no jobs.  And when you look at the businesses that hire workers, you are looking overwhelmingly at the businesses that are going to be hit by these new tax hikes.  That is simply a FACT.  And it is simply a FACT that they are going to be forced to raise their prices to accommodate their rising costs of doing business, which will in turn reduce demand for their products or services, which will then in turn force them to lay off workers because of aforementioned reduced demand.

So what Obama and the Democrats just did is savagely attack the only people who have any chance at creating more job opportunities and bringing the US economy off its back and onto its feet again.

Keep in mind that in pimping his ObamaCare, Obama promised that premiums wouldn’t go up; he promised that if you like your doctor, you could keep your doctor; he promised that he wouldn’t tax the middle class.  He lied about EVERYTHING.  And he is lying to you now.  Because he has over and over again demonstrated that he is a liar without shame, without honesty, without decency and without integrity.

But we’re just getting warmed up describing how truly godawful this “deal” is.

Obama – even on his regime’s own calculations – will only get 8 1/2 days of additional tax revenue by attacking the rich and sabotaging the US economy by hurting job creators.  The problem when you consider Obama’s trillion-plus dollar deficits every single year of his entire presidency is that he refused to do a damn thing about the OTHER 356.5 days of the year.

We raised $1.8 trillion in income tax revenue in 2012.  It will be a very interesting thing indeed to see if we raise $2.42 trillion as the Democrats claim.  I bet we won’t be anywhere near that because it was a lie from the beginning.

Obama has the blue-whale-sized balls to claim that he cut the deficit by over $1 trillion.  Even the überliberal Washington Post says he’s a Pinnochio-nosed liar.  But let’s just think like people who AREN’T insane and AREN’T demon-possessed for a second: the US national debt is now over 16.4 trillion and will be well beyond that by January 20 when Obama’s first term ends; it was $10.626 trillion the day Obama took office.

Do you remember when our demon-possessed current president demonized his predecessor by pointing out that the debt had grown by $4 trillion over Bush’s eight years in office?  I pointed out back in September:

If Obama is a one-term president, which he himself by his own rhetoric said he ought to be, he will have added more than $6 trillion to the debt in his four years by the time he leaves office.  The same man who viciously demonized his predecessor for adding less than $5 trillion over EIGHT years.  The national debt is over $16 trillion now, and it’s going to keep piling on and piling on until January 2013.  With at least $500 billion in interest to pay on top of that.

Again, Barack Obama is a liar and a hypocrite without shame, without decency, without honor and without integrity.  He is shameless.  The Democrat Party is shameless.  And the mainstream media which protects both with their propaganda machine are shameless.

And our real debt is actually now considerably over a beyond-insane $222 trillion.  And is growing by about one trillion dollars every single MONTH:

The U.S. fiscal gap, calculated (by us) using theCongressional Budget Office’s realistic long-term budget forecast — the Alternative Fiscal Scenario — is now $222 trillion. Last year, it was $211 trillion. The $11 trillion difference — this year’s true federal deficit — is 10 times larger than the official deficit and roughly as large as the entire stock of official debt in public hands.

And why are we that $222 trillion – and actually that is now more like $227 trillion given the rate of growth of that debt and the five months that have passed since that article documenting the true debt was written – you ask?  Easy, 99.99999 percent of that debt which guarantees the collapse of America came from Democrats, and specifically their boondoggle entitlement programs such as Social Security, Medicare, and Medicaid.

It’s funny, in a sad, pathetic, ironic sort of way: Democrats demonize Republicans for trying to protect America and her interests abroad with a strong national defense.  But the only thing the Constitution specifically ordered the federal government to “provide for the common defense.”  And note that word, “provide.”  It means, “pay for to provide.”  The same liberals who demonize us for doing what common sense and the Constitution alike command us to do point to the phrase “promote the general welfare.”  Do you get that difference between “provide” and “promote.”  If you ask me to provide something, I’m on the hook for it in a financial way.  That’s what it means to be a provider.  If you want me to promote something, I’m going to say nice things about it and cheerlead for it.  But that’s all.  And so like everything else, Democrats turned the Constitution, basic morality and true Christianity on its head and made what is wrong right and what is right wrong.

If liberals were actually to “promote the general welfare,” they would cheerlead the private economy and encourage growth by keeping taxes low for those who are willing to work hard so they can keep what they earn.  And then, with the minimum size and minimum amount of regulation, they would get the hell out of the way.

What Democrats “promote” is the general cancer instead.

And that mindset became a rotting cancer that is just about to consume and kill the patient America.

This nation is doomed.  And if you voted for Obama, you are one of the people who doomed it.   We cannot possibly pay these debts that will ultimately bankrupt this country but only after our children and their children are forced to bear the burden and suffer because of your self-righteous and sanctimonious greed a.k.a. “your entitlement mindset.”  And one day you will stand before a holy God and answer for the fact that you are a toxic human being whose soul swims in every kind of lie.  Because that’s what Obama voters are: bad people who hate the truth and who prefer lies.  Aside from your dishonesty, you are greedy and hypocritical – feeling yourself entitled to seize other people’s money when you would scream if your own money were taken from you.  And aside from your dishonesty, greed and hypocrisy you are hurting the poor who ought to be helped.  Because as I pointed out above – and thoroughly document with the article I linked you to stating it – when you seize the wealth of private citizens who overwhelmingly worked hard and then planned well and then worked hard some more to get that wealth, you end up hurting the very poor you falsely profess to be helping.  Because you force businesses large and small alike to reduce their workers.  You rob the poor of dignity by preventing them from being able to find jobs.  And then you cynically exploit their desperation to get them to vote Democrat so they can be on welfare for life as long as they continue voting Democrat.  Oh, you will one day be forced to give an account for all of it, rest assured.  And you will be giving that account to a Someone who knows the truth from all of your lies and your slander.

In sixty days this “fiscal cliff deal” that the mainstream media is so damn giddy about will come boomaranging back in the form of a massive political crisis caused by Obama’s morally insane and fiscally evil out-of-control spending binge.

Further, this stupid deal did nothing to avert the sequestration that Obama’s White House invented that will cripple our economy.  Just for starters, 1.53 million defense industry workers are going to get their 60-day layoff notices that they frankly should have already received according to federal law that Obama abrogated for cynical political purposes.  The defense industry has already began to suffer because everybody knows that Obama is at war with our ability to defend ourselves against war.  Obama has already cut $480 billion from defense; and his sequestration gimmick will soon devastatingly cut the Pentagon by $500 billion more.

Republicans were maneuvered into an impossible rhetorical battle against a master demagogic rhetorician.  They were demonized as “the party who was willing to force everybody’s taxes to go up over the wealthiest two percent of the country.”  When how the hell were the Democrats not “the party who was willing to force everybody’s taxes to go up over the wealthiest two percent of the country”???  Weren’t Democrats threatening to go off the cliff unless they got to attack the top two percent of earners?  How were they not doing the very thing they slandered the Republicans for doing???

This country is going to shut down in sixty days over that “spending issue” that Obama and the Democrats absolutely refused to deal with.  Because this “deal” did nothing to slow down the debt, nothing to slow down Obama’s shocking deficits, nothing to avert a debt ceiling showdown and nothing to avert the REAL fiscal cliff of Obama’s sequestration plan.

The markets that stupidly surged today will just as stupidly collapse then.  Because anybody who isn’t a fool should see this confrontation over insane and immoral debt coming.

Meanwhile, it is God damn America, full speed ahead to ruin.  And then the Antichrist and the Tribulation will come.

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Obama Needs To Run Anti-Bain Ads At HIMSELF: The Man In In Charge of Bain During The Layoffs And Outsourcing Was Obama’s Top Bundler Jonathan Lavine

July 21, 2012

If you believe one word of any Obama attack ad (‘hope and change’ was utterly bogus but at least it sounded nice), you are a dumbass.

The thing is, this isn’t even new news.  The mainstream media has absolutely no excuse; they are biased, dishonest propagandists:

Oops!… Obama’s Top Bundler Jonathan Lavine Was In Charge of Bain During GST Steel Layoffs
Posted by Jim Hoft on Wednesday, July 18, 2012, 5:43 AM


Obama and top campaign bundler Jonathan Lavine from Bain Capital.

The Obama campaign blamed Governor Mitt Romney for the demise of GST Steel company in a video they released in May. The plant closed in 2001. Mitt left Bain in 1999.

For some reason the Obama camp forgot to mention this
Obama’s top bundler Jonathan Lavine was in charge of Bain during the GST layoffs.
Chuck Slowe reported:

Blaming Governor Romney for any issues surrounding the failure of GST is wrong and it is a blatant lie. Mitt Romney had been long gone when the company started to fail and subsequently closed it doors. When are the President and his campaign hacks going to get the story correct? When are they going to get back to their economy and its dreadful condition? Mr. President, you can run but you cannot hide.

It turns out that Jonathan Lavine, current Obama bundler, was actually in charge, at Bain, during that period, when the layoffs occurred. Oops, that isn’t right, is it? Yes, that story is the one that needs to be reported on. Sorry Mr. President, your lies are just getting to be more than many of us are able to handle.

And, Jonathan Lavine is not your average Obama Bain donor. Lavine is one of Barack Obama’s top bundlers.
ABC reported:

While Democrats assail presumptive Republican presidential nominee Mitt Romney’s Bain Capital business practices, Republicans note that President Obama has not been bashful about accepting cash from Bain executives or other high-profile figures in the corporate buyout business…

…One of Obama’s top campaign financiers – Jonathan Lavine – is also managing director at Bain, bundling between $100,000 and $200,000 in contributions for the 2012 Obama Victory Fund, according to estimates released by the Obama campaign. The president has also relied on other leading figures in the private equity sector as hosts for high-dollar fundraisers and as members of his Jobs Council.

Maybe someday the liberal media will report on this.

Barack Obama – as I have frequently said – is a Marxist.  And he is as usual following the marching orders of Karl Marx to a ‘T’:

“Accuse others of what you do.” – Karl Marx and Vladimir Lenin

Just to add a little more to the pile of hypocrisy that Obama is dredging, we find that a full ONE-THIRD of ALL Obama’s income came from foreign sources.  Which puts the worst demagogic anti-Romney attack rhetoric to shame.

The phrase, “You miserable cockroach” comes to mind.

Some day when it no longer matters, of course.  Until then you can count on the mainstream media to keep pumping out propaganda.  And you can count on dumbass liberals to take it as their cue for their Orwellian Two Minutes Hate sessions.

As for everyone else…

Communist Party USA Says ‘Thanks, Comrade Obama!’

August 5, 2011

Lest we ever forget who Obama truly is, and who the people who root for him truly are:

“Obama got the ball rolling,” the communists joyfully told us.

Mind you, it turned out to be a WRECKING BALL.

This becomes another opportunity to point out the same thing I’ve pointed out before.  When Karl Marx stated the central thesis of communism, “From each according to his ability, to each according to his means,” I pointed out that he would make a hell of a great Democrat today.

I’m posting the article just to point out THAT THIS SAME ARTICLE COULD HAVE BEEN WRITTEN BY A DEMOCRAT OR A MAINSTREAM MEDIA ‘JOURNALIST’.  Only it was written by the same exact thing going by a different label: a communist.

Obama State of the Union: He got the ball rolling

In some ways last night’s State of the Union address by President Obama was a virtuoso performance. There were stirring moments, memorable turns of phrase, humor, a defense of activist government, and proposals that will be welcomed, and surely help, millions of people in need.
 
With the scent of Massachusetts still in the air, the president reasserted his reform agenda and took the fight to the party of obstruction. In polite, nuanced but forceful terms, he chastised the Republican Party.
 
In powerful oratory, he challenged some of the main ideological talking points of right-wing extremism, reminded everyone that he inherited record deficits and an unprecedented economic mess, and defended the stimulus bill and other recovery measures, including, and unfortunately the unconditional bank bailouts.
 
One of the high points of the evening was when the president called out the right-wing (and maybe worse) dominated Supreme Court whose members were sitting directly in front of him for their recent decision saying it’s OK for corporations to throw money into the election process.
 
One of the low points was his defense of the escalation of troops in Afghanistan and his threatening tone toward Iran and other “adversaries.”
 
Overall, I’d say that if the leaders of the “Party of No” came into the legislative chamber last night with wind in their sails, they left with their sails trimmed and a dour look on their faces. The evening for them turned out to be a “bummer.”
 
They had hoped to hear President Obama repeat what President Clinton said in his State of the Union address in 1994: “The era of big government is over.” But the president disappointed them.
 
While the broad people’s coalition that elected him will not, I’m sure, be entirely happy with the president’s speech, all signs are that his fighting tone (“I will not quit”), his focus on the economy, his defense of democratic rights (civil, labor, women, immigrant, gay and lesbian), his insistence on financial reform, and his policy initiatives outlined in the speech, including a health care bill, will reenergize this coalition, which, as of late, has been understandably dismayed by the pace and depth of change.
 
But this new energy will quickly dissipate if the White House and congressional Democrats go back to ignoring the rumbling from below and bending over backwards to satisfy Republicans and conservatives in their own party.
 
Working people expect them to draw a line in the sand, show more partisanship, push the legislative process, and tenaciously fight for the American people. If the Republicans obstruct and filibuster so be it. At least everybody will know who is blocking legislative measures that would ease the economic crisis when they go to the polls this fall.
 
But as good as many parts of Obama’s speech were, it didn’t fully rise in substantive terms to the challenges of our times and this era. The president could have knocked the ball out of the ballpark, but he settled for less. He had a chance to make the case for deep-going political, economic and social reform, including radical reform, but he came up short of that.
 
His speech didn’t have the programmatic depth that is objectively necessary at this moment. It took us an important step closer to solving the awful economic mess and relieving the human toll that comes with it, but only a step.
 
Politics is an art as well as a science. And part of that art includes knowing when to advance and when to retreat. Last night President Obama didn’t retreat, but he didn’t advance the people’s agenda to the degree that was possible and necessary. He roused the nation, but he didn’t hit the high note.
 
We would probably have to go back to Franklin Roosevelt to find a president who has the trust of our nation’s multi-racial, multi-national, male-female, young and old working class as President Obama does.
 
But the people’s trust has to be constantly renewed – and on the basis of practical performance, on the basis of systematically fighting for the crying needs of the American people. This president can be a transformative leader (he has that potential in my view), but only if he embraces and fights for a transformative agenda.
 
That agenda in a full-blown sense has yet to be articulated by him. If President Obama and the Democrats want to hail the private sector as the engine of growth, I wouldn’t quibble too much as long as they recognize that the private sector at this moment (big or small business) isn’t generating jobs and probably won’t for a long time. In these circumstances, only direct and indirect government intervention in the form of a massive public works jobs program, infrastructure repair and renewal, aid for state and local governments, and special measures for the hardest hit communities, and especially communities of racial minorities and immigrants, stands a chance of lowering unemployment in any kind of meaningful way.
 
In other words, the economy still has to be re-inflated and restructured along democratic, sustainable, nonmilitary, and worker-friendly lines, but the likelihood of the private sector doing that is zero. To a degree, the president is moving in this direction, but the pace and nature of the economic reforms that he prescribes is far too limited for the scope and depth of this crisis.
 
One of the serious missteps that he made last night was his call for a freeze on domestic discretionary spending, beginning in 2011. Hopefully the freeze is only a political calculation to ward off the Republican wolves who accuse him of being a “spend and tax” liberal. But in any case, it comes with a price insofar as it entrenches in the public mind that deficit spending is inherently bad and that our budgetary woes are caused by “handouts” to the poor and vulnerable, especially people of color and immigrants – not to mention aid to developing countries.
 
This is an unmitigated falsehood that ruptures our sense of social solidarity, of connectedness to every other human being. The truth of the matter is that the current budget deficit, as the president said, began during the Bush years as a result of two wars of aggression, mammoth tax breaks to the top income tier, and a bulging military budget.
 
Fiscal discipline and balanced budgeting are not an article of faith that has to be adhered to no matter what the circumstances. If that were the case, the U.S. and world economy could easily have tumbled into a full-blown depression last year. Capitalism isn’t a self-correcting system. Market failure and crisis are as much a reality as sustained economic growth. Vicious and reinforcing contractions of the economy can easily leave an economy stagnating at a far from optimum level or in complete ruin unless they are counteracted by aggressive government action and spending measures. The stimulus and anti-crisis measures of the Obama administration acted as a tourniquet; it stopped the hemorrhaging.
 
But it didn’t heal the wound.
 
If the president looks to the Depression years he will see more than one Roosevelt. There was the Roosevelt of 1934-1936 and the Roosevelt of 1937. The 1934-1936 Roosevelt had hit a wall as far as his reform efforts were concerned and he was faced with a moment of decision as to how to proceed – should he stay the course, retreat, or enlarge his vision. He chose the latter and thus the New Deal.
 
Or Obama could look to the 1937 incarnation of Roosevelt who, when seeing a surge of economic activity, decided to cut back on spending and balance the budget, which, as it turned out, was exactly the wrong medicine for an economy in its early stages of recovery.
 
From President Obama’s speech it seems like he hasn’t definitively decided which Roosevelt he will emulate, although I believe he leans toward the 1934-1936 Roosevelt. Which is what we need. Admittedly a bold anti-right, anti-corporate course of action won’t be easy. The opponents are many and powerful. Resist they will.
 
Thus to level and tilt the playing field in a progressive/radical direction, the president has to be joined, prodded, and where necessary differed with by the labor-led coalition that elected him. So far it hasn’t carried its share of the load; it is not even strong and united enough to enact even the program that the president outlined last night – let alone win more fundamental reforms. Too many of us have been content to watch, offer opinions, criticize, express our frustrations, and feel disappointed in the president.
 
But aren’t we part of the problem too, indeed a big part? An era of reform – and especially radical reforms – combines popular, sustained, and united action from below with new political openings from above. Both are necessary.
 
Last night the president got the ball rolling, but he didn’t roll it far enough or always in the right direction. So now it’s our turn to get a lot more players involved, roll the ball further and roll in the direction of economic security, equality, democracy and peace.

The only real difference between Democrats and communists is that communists are at least honest about the fact that they are communists.

I recall posting a story in which the former communist newspaper Pravda – having come through the collapse of their country caused BY communism – wrote a piece blasting Obama’s America for heading down the same disastrous path.  That was in 2009.

And here we are, two years later, and U.S. borrowing just surpassed 100% of our entire GDP, and manufacturers are doing anything BUT manufacture, which is balanced by the fact that the services industry is similarly tanking, layoffs are at a 16-month high, housing is now WORSE THAN the Great Depression and consumers are terrified to buy anything.  And we’re pretty much screwed with Obama as our tyrant emperor.

And of course the writers of Pravda saw it coming because they’d had to live through the time when their communists were sending their country to hell.

YES WE CAN (implode just like the U.S.S.R.)!!!

Medical Pros Needed To Staff ObamaCare Getting Canned Because Of ObamaCare

November 16, 2010

As if ObamaCare wasn’t terrible enough…

Side Effects: Obamacare Accelerates Hospital Job Losses
Posted November 15th, 2010 at 4:00pm

Repeatedly, reports have shown that Obamacare will increase job loss.  But what happens when those who are laid off are the workers meant to enable the health care law’s expanded access of care: namely, hospital employees?

According to one hospital, layoffs of workers have already begun as a result of the new law. Leaders of Memorial Hospital in South Bend, Indiana, said that although “the economy sparked this problem…the Obama Health Care Reform Act gave the hospital a one-two punch. While more people may soon get more health coverage, Obama’s plan cuts reimbursement dollars for hospitals at a time administrators say they could use them most.”

Obamacare includes $575 billion in cuts to Medicare to pay for a Medicaid expansion and a new entitlement program, which will provide generous subsidies for middle-class Americans to buy insurance. The cuts include slashes to hospitals’ reimbursement rates.

Of course, cutting reimbursement rates is bound to have an effect on hospital operationsCenters for Medicare and Medicaid Services Chief Actuary Richard Foster reports:

“[P]ayment update reductions will create a strong incentive for providers to maximize efficiency, [but] it is doubtful that many will be able to improve their own productivity to the degree achieved by the economy at large.”

“[P]roviders for whom Medicare constitutes a substantive portion of their business could find it difficult to remain profitable and, absent legislative intervention, might end their participation in the program (possibly jeopardizing access to care for beneficiaries). Simulations by the Office of the Actuary suggest that roughly 15 percent of Part A providers would become unprofitable within the 10-year projection period as a result of the productivity adjustments.”

Health providers dropping Medicare patients is the worst case scenario, especially in light of the flood of baby boomers set to retire and join Medicare.  For now, many hospitals are preparing for revenue cuts as best they can. For Memorial Hospital, this means reducing the work force. “We expect that reality to get worse moving forward,”the health facility said.

Obamacare is projected to insure 34 million more Americans by 2019. But by 2015, the nation will face a physician shortage of 63,000 doctors across all specialties, up from 39,600 before the law passed. The last thing the U.S. health care system needs is “reform” that encourages a reduction in its work force.

You Democrats ought to be ashamed of yourselves.  Just ashamed.

This godawful law is going to throw millions more people into the health system even as it forces tens of thousands of doctors to leave the system.  And what do you think is going to happen???

Your evil president and your evil party are going to be responsible for not just deaths, but outright murders by medical neglect.

And On The Seventh Vacation, Obama Rested From All His Failures

August 19, 2010

From the King Hussein Version, Genesis of America’s Demise, chapter 2:

“Thus the economy and American foreign policy were finished, and all the host of them.  And on the seventh vacation The One temporarily paused his destruction which he had made; and he rested on the seventh day from all his destruction which he had made.”

Okay, it’s not actually Obama’s seventh vacation this year, but it’s close enough.  For those who are keeping scorecards at home, this marks the Obamas’ sixth vacation so far this year.

Which, as bad as it is, still doesn’t take into account all the glitzy Let-them-eat-cake parties Obama has held during his economy-in-the-toilet presidency.

Which makes the following earlier Obama promise rather incredible for all of its sheer chutzpah:

Nov 23, 2009
Obama ‘will not rest’ until there are more jobs

President Obama rebuffed reporters’ attempts to ask about Afghanistan today, focusing instead on what he described as his administration’s biggest challenge: Jobs.

“I will not rest until businesses are investing again and businesses are hiring again and people have work again,” Obama said after meeting with his Cabinet.

That’s an interesting headline compared to this one from today as Obama stretches his scrawny body at Martha’s Vineyard:

Jobless claims rise to highest level in 9 months
By CHRISTOPHER S. RUGABER, AP Economics Writer Christopher S. Rugaber, Ap Economics Writer   – Thu Aug 19, 12:28 pm ET

WASHINGTON – Employers appear to be laying off workers again as the economic recovery weakens. The number of people applying for unemployment benefits reached the half-million mark last week for the first time since November.

It was the third straight week that first-time jobless claims rose. The upward trend suggests the private sector may report a net loss of jobs in August for the first time this year.

Initial claims rose by 12,000 last week to 500,000, the Labor Department said Thursday.

Construction firms are letting go of more workers as the housing sector slumps and federal stimulus spending on public works projects winds down. State and local governments are also cutting jobs to close large budget gaps.

The layoffs add to growing fears that the economic recovery is slowing and the country could slip back into a recession
.

Obama has destroyed 3 million jobs since his $3.27 trillion stimulus boondoggle was passed.  And even the Obama administration confirms that those jobs have been permanently destroyed and won’t be coming back.

Obama might argue that he’s really, really, really tired for not resting a single night the last two years while he has utterly failed to live up to any of his incredibly cynical promises.  Which paradoxically means he needs all those vacations to rest from all of his not resting.

Given Imam Obama’s pretzel-twisting on the Ground Zero mosque (see also here), that would actually sound logical to him.

Or maybe Obama is striving for solidarity with the Forgotten Man.  Since the American people aren’t working, Obama won’t work, either.

For my part, it’s just yet another of myriad evidences as to how totally full of crap our failure-in-chief truly is.

Obama’s Tax and Health Plans WILL Hurt Businesses – And Ultimately American Workers

October 9, 2008

There’s quite a bit of confusion about Obama’s tax plan and its effect on small business and American workers.

John McCain stated during Tuesday night’s debate that most small businesses would see their taxes increase due to Barack Obama’s tax plan.  Barack Obama corrected him and said that only a small percentage of small businesses would see their taxes go up.  Both men are wrong.  And both are right.

Obama may or may not be right when he says that only a small percentage of small business would see their taxes go up under his economic plan – as it is written now (in at least its fourth version).  He hasn’t specified whether he will tax on the basis of net or gross, whether inventory counts as total part of total income, and so on (because the media will NOT do its job and press a liberal on economic details).  But regardless of how the specifics pan out, don’t forget that Bill Clinton similarly campaigned on a tax relief for the middle class economic plan – and he immediately taxes on the middle class early in his first term.  Given the high likelihood of a Democrat-controlled Congress that is eager to have massive government social projects, another such “undeclared” tax hike on the middle class is actually quite likely.

John McCain may have been incorrect in how he phrased his objection during the debate, but he is still right enough to win the argument if the facts actually come out.  He was probably wrong in saying that most small businesses would see their taxes increase in terms of the total number of businesses.  If you earn a living mowing lawns, and have no employees, or you have a business out of your home, you probably won’t be paying any higher taxes.  But keep in mind that a small business can have as many as 500 employees (up to a 1,000 in some industries) and be classified as “small.”  And such businesses are the real engine of our economy.  If a small business even employs a handful of employees, it is likely its revenues easily exceed Obama’s $250,000 figure.  It is these businesses which hire the most workers, and it is these businesses that Obama will start taxing.  It is also these businesses which will suffer the most even from a modest increase in their operating costs.  Many are skating on pretty thin ice as it is.  They can’t just sell more stock.

If Barack Obama raises the taxes for these small business owners, there will be layoffs.  And as his plan is right now, he is promising to raise their taxes.  Realize that we are in a tough economy.  It is harder to obtain loans.  Fewer people will be buying.  Small businesses will be struggling to survive, and if Obama does what he promises to do – particularly when he is going to force businesses to start paying health care as well – you WILL see layoffs.

Meanwhile, Obama is decrying John McCain for wanting to give tax breaks to big oil.  John McCain does NOT want just to give tax breaks to big oil (actually it was OBAMA who voted with Bush for the last big energy bill giveaway to big oil); he wants to lower taxes for ALL corporations.  Most nations realize that lowering taxes for corporations has resulted in corporations creating more jobs and more tax revenues, and that more corporations will be attracted to their country.  But not the United States: we have the second highest corporate tax rate as it is.  Obama wants to be “#1.”

Is that good for our struggling economy?  Your vote on November 4 will be your answer that question.

Another thing Obama wants to do is impose requirements for businesses to provide comprehensive health care for their employees or pay into a government fund.  Small businesses would be ostensibly exempted from the requirement, and would get a 50 percent health-care tax credit to help ease their cost of employee coverage.  People with pre-existing conditions – which often impose the largest cost on the health care system – cannot be denied coverage.  Businesses who hire such people will be forced to grin and bare it.

I wonder how many older workers will be fired in order to hire new – and less expensive – younger workers?  Under Obama’s plan, I’d sure be looking at my older employees as “potential health care time bombs” just waiting to explode.

Do you think that businesses and corporations will begin to pay very close attention to the health of the employees they hire, or do you think they won’t care about how much a new workers’ mandatory health care will cost?

Between raising taxes, and mandating expensive new requirements, many businesses and corporations will experience a genuine double whammy.  Do you think American businesses are made of money, or do you think they are vulnerable?  You will be answering that question in your vote on November 4.

One thing is extremely important to understand: Obama’s health care plan is modeled on the Massachusetts plan.  How are things going there?  Well, in the three years of the program’s existence, the tiny state is now already facing cost overruns of over $400 million.  Does that sound like a rousing success?  Massachusetts is facing a projected 85% increase in its costs by 2009 – which should set up a serious red flag that such programs are MASSIVELY underfunded.

You need to understand something else that emerged from Tuesday night’s debate: is health care a basic right?  Obama answered “yes.”  What does that mean?  It means that you have a duty to provide me with health care.  You have a constitutional, government-imposed duty to give me health care – no matter what – even if it costs you and your family to do so.  Am I an alcoholic who needs a liver transplant?  You owe me a new liver.   Did I sustain a brain injury riding my motorcycle without a helmet because I like to feel the wind in my hair?  Doesn’t matter.  I have a fundamental constitutional right to that liver, or to that brain surgery and all the long months of incredibly expensive therapy.  If I have a right to health care in the sense that Barack Obama believes, nothing else matters.

Do you understand how expensive this can all get?

Do you understand that Barack Obama is essentially talking about socializing a quarter of our economy?  Do you trust your government’s track record?

Your vote will be your answer to that question.

Barack Obama’s health care plan is estimated to cost $1.6 trillion in 10 years.  But that doesn’t take into account the very sort of cost overruns and cost increases that are even now plaguing the very state that Obama is basing his own plan upon.  What is going to happen to our economy given the extremely real likelihood that Obama’s massive national plan runs into similar issues?  Do you believe our economy is strong enough to bear the brunt of these massive cost increases?

Your vote will be your answer to that question.

Let me also point out something else: if businesses and corporations are forced to absorb shocking new costs, do you believe they will just swallow their profitability, or do you think they will pass their new costs onto you through higher prices?  Barack Obama keeps talking about his “95% of Americans will get a tax break” (which means that 30-40% of Americans who don’t actually pay income taxes will get an IRS-subsidized welfare check).  Will that check compensate for the higher prices you are likely to pay across the board for virtually everything you buy?

Again, your vote on November 4 will answer that question.

Don’t be too suprised if you vote yourself right out of a job.