Saturday, August 6, 2011
To the surprise of nobody except the entire Obama adminstration, the credit rating of the United States was downgraded yesterday for the first time in history.
Standard & Poor's issued a harshly worded criticism of Washington politics, saying that our (ahem) leaders are "less stable, less effective, and less predictable" than at any time in the past. Moreover, after months of watching Barack Obama and Harry Reid swear to veto anything which actually reduced our debts, Standard & Poors opined that they don't think the current Washington establishment is likely to achieve more savings in the future. To put it mildly.
Barack Obama is already trying to pin the blame on others (including, especially, the American people) but it's hard to imagine how he can make it stick. During the two years the Democrats enjoyed a supermajority, they not only didn't address deficit-reduction, they completely ignored writing budgets and went on an astronomical spending spree.
Subsequently, Republican fiscal plans were offered which would have prevented the downgrade - including the Ryan plan, and "Cut, Cap, and Balance." But Obama and his happy little band of socialists made sure that those plans never had a chance to get voted on.
So Obama drove through a money-borrowing "deal" which added another $7 trillion to the deficit and guaranteed that our credit rating would get trashed...and then excused himself for two huge fundraisers in Chicago, and a gala Whitehouse birthday party where he lead drunken revelers in a conga line, and made rabbit ears above Stevie Wonder's head in official photographs.
Now the stock market is in the toilet, the United States is in dangerous and uncharted financial waters, and every dollar we borrow (and we borrow a LOT) is going to cost us more because our leaders have been proven irresponsible and untrustworthy. We have met the enemy...and it is the Obamaconomy.
So, Birthday Boy - how's that Hope and Changed credit rating working out for you...?
Friday, August 5, 2011
Well that didn't take long. Whether we're talking about Washington adding trillions of new dollars in debt, or Barack Obama making a not-so-secret wish ("Please let America crumble") when blowing out his birthday candles, the stock market has reacted by plunging in ways not seen since the bad old days of 2008.
Previously, administration officials have accused Wall Street of doing this deliberately just to make Barack Obama look bad. But just maybe the reason for this death spiral is that there are no new jobs, consumer spending has dried up, manufacturing numbers are in the toilet, and basically anything else than can go to Hell is now emitting the strong stench of sulfur and brimstone.
Which is why Obama's administration has instituted an emergency tax freeze for businesses and...no wait, they didn't do that. Well, it's why they've decided to make capital gains taxes less painful for investors and...hang on, they didn't do that either. Well, it's why they lowered our actual debt by the $4 trillion that Moody's insisted was the only way to avoid a credit downgrade and...and...
No, of course they didn't do that. They simply borrowed much more foreign money, made no plans to ever pay off our bills, and labeled as "terrorists" anyone who calls for a balanced budget.
In other words, Barack Obama and his Lefty cohorts deliberately killed the last vestige of "Hope" that this administration would ever embrace - or even allow - fiscal responsibility. And the investment world (and the World in general) now clearly see the United States for what it is: economic roadkill.
But the most frightening thing of all is this: Barack Obama, speaking at his gala "millionaires only" birthday bash, looked out at the flaming ruins of his accomplishments and said "we have made some incredible strides...but we're not even halfway there yet."
Maybe not. But the screams of the damned are growing louder every day.
Thursday, August 4, 2011
Just a reminder: you can always click on the cartoon for glorious "super-size!"
Although Thursdays should be a much-needed day of rest here at Hope n' Change, we just can't let the day pass without some observance of the alleged 50th birthday of the man who may or may not be Barack Barry Hussein Soetoro Obama, who was born on this date 50 years ago in Hawaii. Or Kenya. Or Indonesia. Assuming that he wasn't hatched in a lab somewhere.
Last night, he attended two huge parties in his own honor...selling himself to political donors for an agreed upon price (much the same way any good whore has a memorized rate card)...in hopes of raising one billion dollars with which to win another four years in the Whitehouse to finish off our country.
And was last night really a good night for a party? After the stock market went into free fall because the whole world recognizes that there is no fiscal leadership or seriousness in Washington? Or maybe he wanted to party because he just put our country another $7 trillion deeper in debt...making his goal of "the end of America" quite a bit closer.
We don't know, and frankly we don't care. All we know is that Barack Obama's alleged birthday is no cause for celebration and is, in fact, a black day in American history.
Or at least half-black.
Wednesday, August 3, 2011
You'd think that America has seen enough genuine terrorism to recognize it by now. The twin towers falling in smoke and flame. The bodies being carried from Fort Hood. The severed head of Danny Pearl. And thousands of innocents blown to bloody pieces by suicide bombers.
All of which makes it an obscenity beyond belief that the Democrats and mainstream media have colluded to brand the Tea Party "terrorists" for trying to stop Washington's insane and potentially suicidal spending spree, using the Constitutional procedures created by our nation's founders.
We're not talking just the usual low-level bottom feeders here, either. Vice-president Joe Biden said of the conservatives in the debt negotiations "they have acted like terrorists." And other liberal jaws have been flapping:
• Rep Mike Doyle: "This small group of terrorists have made it impossible to spend any money."
• Tom Friedman: a "Hezbollah faction" "on a suicide mission."
• Rep Hoyer: "they want to shoot every bullet they have at the president."
• Joe Klein (TIME): "Osama bin Laden could not have come up with a more clever strategy for strangling our nation."
• Steve Rattner (MSNBC): "Economic terrorism."
• Paul Krugman (alleged economist): "Republicans have taken America hostage."
• Martin Frost: "...much in common with the Taliban."
• Margaret Carlson: "They've strapped explosives to the Capitol."
• Jay Carney: "...hold the American economy hostage."
And on, and on, and on.
Here's a news bulletin for the Left: spending within your means isn't terror. Attempting to save Medicare and Social Security isn't terror. Returning to Constitutional principles isn't terror. Representing the voters who sent you to Washington isn't terror.
When this nation observes the tenth anniversary of the 9/11 attacks next month, it would be an obscenity beyond description for any of the stupid, duplicitous, hypocrites listed above (especially Joe Biden) to set foot on the hallowed site of Ground Zero after having equated their latest petty budget battle with that nightmarish act of terrorism.
And yes, we said act of terrorism...not "man-caused disaster."
It's easy to tell them apart; acts of terrorism are committed by terrorists. Man-caused disasters are committed by politicians.
Monday, August 1, 2011
Although their rubber noses are still honking and seltzer bottles still spraying, the clowns in Washington now say they're really and truly closer than ever to an agreement to give Barack Obama a few trillion dollars for his alleged 50th birthday this week.
The negotiations are cutting it extremely close to the August 2nd deadline which the president and his people have been repeatedly (and untruthfully) touting as "Fiscal Armageddon Day" in hopes of causing a stock market plunge which could be used to their advantage.
But the real deadline to have some sort of resolution is, and always has been, August 3rd - when Barack Obama will be hopping into taxpayer-funded Air Force One and flying over millions of unemployed people on his way to two (count 'em!) gala 50th Birthday parties in Chicago.
Surely the president deserves to unwind a little, and let down his suddenly (and suspiciously) gray-flecked hair. After spending so much time excoriating the "evil rich," what better way to relax than with close, working-class friends who will be paying $38,500 to have a little cake with the president, or sharing a "Hallmark moment" by paying an additional $10,000 to have their picture snapped with Mr. Obama.
So it looks like a deal will be finalized just in the nickel-dime. And although real cost-cutting may never actually take place, you can bet that cake-cutting will happen right on schedule...as long as Barack Obama can personally make a bundle for his re-election campaign.
As Marie Antoinette once said of the starving masses, "let them eat cake."
But Barack Obama has gone her one better with his sentiments about the American people: "If they can't afford my cake, then let them eat sh*t."