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Prepare for the BS

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If you’re feeling a bit sick to your stomach, it’s probably not due to global warming or the flu. Tomorrow night Congress will hold its annual pep rally for President Obama’s agenda called the State of the Union address. It will be long, tedious, and over-filled with applause lines designed to get Nancy Pelosi, Harry Reid, and Chris Matthews to stand up and cheer. But it’s one of those rare Obama speeches that we need to listen to, not just hear. Because we are about to be steamrolled.

This year’s event will be worse than usual, almost certainly not featuring fun counterpoints such as Cong. Joe Wilson’s “you lie” shout or Justice Alito mouthing “not true” at Obama when he makes his rhetorical points. The only things we can be certain of won’t amuse, just abuse.

White House senior political adviser Dan Pfeiffer has set the stage for the speech in a three-page memo he reportedly wrote on why 2013 was such a disaster for Obama. Pfeiffer’s memo — which we’ll get to in a minute — tells us what we’ll hear tomorrow night, perhaps even some of the exact words. The other half of the speech will sound lot like the very long and very strange article about Obama by David Remnick in the New Yorker magazinelast week.

How much of Remnick’s piece is his sophomoric adulation of Obama and how much is Obama’s self-adulation is difficult to tell, but several things leap from its pages.

First is the recitation of Obama’s “accomplishments,” including “…the economic rescue, the forty-four months of job growth, a reduction in carbon emissions, a spike in clean-energy technology…” But those exist only in Obama’s and Remnick’s minds. The “economic rescue” didn’t fix what was ailing with the economy. The economy — in terms of growth, jobs, and prosperity — is in far worse shape than it was five years ago. There haven’t been forty-four months of job growth: there’s been more than forty-four months of people leaving the work force and deflating the unemployment figures artificially. There are about 92 million potentially-working Americans without jobs, the lowest rate of job market participation in 35 years.

Read the rest of this story.

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Doug Ross @ Journal: About those "devastating" cuts to the food stamp program...

English: Logo of the . (Photo credit: Wikipedia)

 Let's ignore the fact that we are told incessantly we're in an economic recovery, yet the food stamp program keeps exploding.

And let's ignore the fact that, by some estimates, more than half of the food stamp program is wasted on fraud and criminal activity.

Let's ignore the fact that you can buy food stamps on Craigslist and every social media site known to man (and some scientists have yet to discover). And let's ignore the notion that you can walk into liquor stores in some neighborhoods and pay with food stamps. No, let's put all of that aside.

As Mike Shedlock explains, the entire program is poised to crash, which makes the Democrats' bleating whines about draconian cuts all the more ludicrous. But, then again, that's why they're Democrats.

Doug Ross @ Journal: About those "devastating" cuts to the food stamp program...

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Friday Funnies

Only in America....

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10. Only in America ... Could politicians talk about the greed of the rich at a $35,000.00 a plate campaign fund-raising event.

9. Only in America ... Could people claim that the government still discriminates against black Americans when they have a black President, a black Attorney General and roughly 20% of the federal workforce is black while only 14% of the population is black. 40+% of all federal entitlements goes to black Americans 3X the rate that go to whites, 5X the rate that go to Hispanics!

8. Only in America ... Could they have had the two people most responsible for our tax code, Timothy Geithner (the head of the Treasury Department) and Charles Rangel (who once ran the Ways and Means Committee), BOTH turn out to be tax cheats who are in favor of higher taxes.

7. Only in America ... Can they have terrorists kill people in the name of Allah and have the media primarily react by fretting that Muslims might be harmed by the backlash.

6. Only in America ... Would they make people who want to legally become American citizens wait for years in their home countries and pay tens of thousands of dollars for the privilege, while they discuss letting anyone who sneaks into the country illegally just 'magically' become American citizens.

5. Only in America ... Could the people who believe in balancing the budget and sticking by the country's Constitution be thought of as "extremists."

4. Only in America ... Could you need to present a driver's license to cash a check or buy alcohol, but not to vote.

3. Only in America ... Could people demand the government investigate whether oil companies are gouging the public because the price of gas went up when the return on equity invested in a major U.S. Oil company (Marathon Oil) is less than half of a company making tennis shoes (Nike).

2. Only in America ... Could the government collect more tax dollars from the people than any nation in recorded history, still spend a Trillion dollars more than it has per year - for total spending of $7 Million PER MINUTE, and complain that it doesn't have nearly enough money.

1. Only in America ... Could the rich people - who pay 86% of all income taxes - be accused of not paying their "fair share" by people who don't pay any income taxes at all.

"If you put the federal government in charge of the Sahara Desert, in five years there would be a shortage of sand." - Nobel prize-winning economist Milton Friedman (1912-2006)

The Great Pretender

Hump Day Hunnies

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Greed

Hump Day Hunnies

Income Inequality?

Benefit Security Card .. HALF of the U.S live in households that receive government benefits (Photo credit: marsmet481)

(CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nation’s net income taxes in 2010, according to a new study by the Congressional Budget Office.
At the same time, households in the bottom 40 percent took in an average of $18,950 in what the CBO called “government transfers” in 2010.
Taxpayers in the top 40 percent of households were able to pay more than 100 percent of net federal income taxes in 2010 because Americans in the bottom 40 percent actually paid negative income taxes, according to the CBO study entitled, “The Distribution of Household Income and Federal Taxes, 2010.”
- See more at: http://cnsnews.com/news/article/terence-p-jeffrey/cbotop-40-paid-1062-income-taxes-bottom-40-paid-91-got-average-18950#sthash.feNQdyeD.dpuf

(CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nation’s net income taxes in 2010, according to a new study by the Congressional Budget Office.
At the same time, households in the bottom 40 percent took in an average of $18,950 in what the CBO called “government transfers” in 2010.
Taxpayers in the top 40 percent of households were able to pay more than 100 percent of net federal income taxes in 2010 because Americans in the bottom 40 percent actually paid negative income taxes, according to the CBO study entitled, “The Distribution of Household Income and Federal Taxes, 2010.”
- See more at: http://cnsnews.com/news/article/terence-p-jeffrey/cbotop-40-paid-1062-income-taxes-bottom-40-paid-91-got-average-18950#sthash.feNQdyeD.dpuf

(CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nation’s net income taxes in 2010, according to a new study by the Congressional Budget Office.

At the same time, households in the bottom 40 percent took in an average of $18,950 in what the CBO called “government transfers” in 2010.

Taxpayers in the top 40 percent of households were able to pay more than 100 percent of net federal income taxes in 2010 because Americans in the bottom 40 percent actually paid negative income taxes, according to the CBO study entitled, “The Distribution of Household Income and Federal Taxes, 2010.”

 

(CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nation’s net income taxes in 2010, according to a new study by the Congressional Budget Office.
At the same time, households in the bottom 40 percent took in an average of $18,950 in what the CBO called “government transfers” in 2010.
Taxpayers in the top 40 percent of households were able to pay more than 100 percent of net federal income taxes in 2010 because Americans in the bottom 40 percent actually paid negative income taxes, according to the CBO study entitled, “The Distribution of Household Income and Federal Taxes, 2010.”
- See more at: http://cnsnews.com/news/article/terence-p-jeffrey/cbotop-40-paid-1062-income-taxes-bottom-40-paid-91-got-average-18950#sthash.feNQdyeD.dpuf

(CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nation’s net income taxes in 2010, according to a new study by the Congressional Budget Office.
At the same time, households in the bottom 40 percent took in an average of $18,950 in what the CBO called “government transfers” in 2010.
Taxpayers in the top 40 percent of households were able to pay more than 100 percent of net federal income taxes in 2010 because Americans in the bottom 40 percent actually paid negative income taxes, according to the CBO study entitled, “The Distribution of Household Income and Federal Taxes, 2010.”
- See more at: http://cnsnews.com/news/article/terence-p-jeffrey/cbotop-40-paid-1062-income-taxes-bottom-40-paid-91-got-average-18950#sthash.feNQdyeD.dpuf

(CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nation’s net income taxes in 2010, according to a new study by the Congressional Budget Office.
At the same time, households in the bottom 40 percent took in an average of $18,950 in what the CBO called “government transfers” in 2010.
Taxpayers in the top 40 percent of households were able to pay more than 100 percent of net federal income taxes in 2010 because Americans in the bottom 40 percent actually paid negative income taxes, according to the CBO study entitled, “The Distribution of Household Income and Federal Taxes, 2010.”
- See more at: http://cnsnews.com/news/article/terence-p-jeffrey/cbotop-40-paid-1062-income-taxes-bottom-40-paid-91-got-average-18950#sthash.feNQdyeD.dpuf

(CNSNews.com) - The top 40 percent of households by before-tax income actually paid 106.2 percent of the nation’s net income taxes in 2010, according to a new study by the Congressional Budget Office.
At the same time, households in the bottom 40 percent took in an average of $18,950 in what the CBO called “government transfers” in 2010.
Taxpayers in the top 40 percent of households were able to pay more than 100 percent of net federal income taxes in 2010 because Americans in the bottom 40 percent actually paid negative income taxes, according to the CBO study entitled, “The Distribution of Household Income and Federal Taxes, 2010.”
- See more at: http://cnsnews.com/news/article/terence-p-jeffrey/cbotop-40-paid-1062-income-taxes-bottom-40-paid-91-got-average-18950#sthash.feNQdyeD.dpuf

CBO:Top 40% Paid 106.2% of Income Taxes; Bottom 40% Paid -9.1%, Got Average of $18,950 in 'Transfers' | CNS News

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