Bankrupt America - The President Punishes His Subjects, Including Schoolkids

One cannot help but laugh at the antics of America's 'Progressive' in Chief and his gang of Chicago gangsters as they try to portray a 2.4% cut in a $3.8 trillion budget as a cataclysm of biblical proportions.

This is a classic example of the socialist mentality;  they believe that the wealth of the nation belongs to them to spend on expanding entitlements, which in turn is designed to create more dependency and guarantee another term in office.

Watching the so called leader of the Free World throwing a tantrum so big that it eclipsed the debt he has created, coupled with threats to punish his disobedient subjects, made for compulsive viewing.

The king across the water, President Barack Hussein Obama seems to think that his subjects must believe every word he says and that every utterance must be treated seriously no matter how infantile or banal.

Unfortunately for the President, after the torrent of lies spewed forth by his cronies and media whores during his election campaign, and especially the lies over the recent Benghazi murder scandal, the American people have wizened up and subsequently treat every word he says with an entire Siberian salt mine.

To put the spending issue into some kind of perspective, the United States is as broke as Great Britain, Greece, Ireland and Bangladesh.  It has a $16 trillion national debt which is travelling ever upwards due to deficit spending to the tune of +$1.1 trillion per year.

These socialist economic geniuses are borrowing approximately 40 cents of dollar they spend, some of it from countries who wish the American people harm.

Despite all the evidence to the contrary, the President and his apologists are still trying to convince the people that if only the 'rich' would pay their fair share then the budget deficit and debt problems will be cured.

Ever increasing numbers of the American people are not convinced. All the serious economists, including the non partisan Congressional Budget Office, have stated that if the 'rich' were taxed at 100% it would only pay for 3 months of government spending.

To keep pushing the line that the 'rich' are the cause of America's debt problem displays a fanatical adherence to an ideology comparable with the Heavens Gate suicide cult or the Reverend Jim Jones's kool aid drinking Peoples Temple.

The mindset that this perverted ideology breeds renders the socialist incapable of contemplating spending cuts. Even where examples of waste are pointed out, they still will not concede.

Allowing the people to keep more of their money and giving the government less is a retrograde step in their simple minds. Cutting government spending is heresy.

To give an example of the debauched mind of a socialist ideologue, the House Minority Leader, former Speaker and Obama lapdog, Nancy Pilosi, put it in simple terms.

"But spending is also related to tax cuts- tax cuts are spending".

So there you have it, the genius of socialist economic logic, if you want to decrease spending, don't let the people keep more of their own money.

As one pundit framed it, all the money you earn belongs to Pelosi on behalf the states  She will spend it in ways that ensure equality and fairness and give you what's left as an allowance.

Just for the record it must be said that outside of her constituency in California, Pilosi is regarded as a nutcase and a dangerous nutcase at that.

As was stated earlier, the American people in ever greater numbers, are starting to think for themselves and are refusing to swallow the Obama spin machine propaganda. They are looking at the debt situation in Greece and Ireland and they have spotted the danger. 

The informed American people demand the government stop the out of control spending and take action to deal with the crippling debt.

The much talked about sequestration is the result of an Obama political manoeuvre that went wrong. This locked the President into $84 billion of spending cuts which, as anyone can see, is a drop in the bucket in a $3.8 trillion budget. Just a rounding error as one economist put it.

According to the 'Progressive in Chief' and his ideological comrades, this is rank disobedience, tantamount to heresy and deserving of punishment. So after stamping his feet in a hissy fit of pique, comrade Obama ordered his operatives in government to first threaten his subjects and then make sure that any cuts would hurt the people directly.

The threats were unbelievably petty and banal which resulted in the informed people of America laughing in his face. It also allowed the rest of the world to get a brief insight into the infantile mind of an ideologically driven socialist who cannot accept being contradicted.

So in a budget of $3.8 trillion the sequester requires $84 billion of cuts. Both the House and Senate agree that there is circa $500 billion of waste, fraud and abuse in Medicare/Medicaid/Social Security and other overlapping government programmes.

They also agree that there are government programmes that are duplicated or ineffective. In other words, there is plenty of room for more than $84 billion of cuts which would have no effect whatsoever, except among the beneficiaries of the aforementioned waste, fraud and abuse.

The people can take that to mean the crooked politicians themselves and their donors.

To punish the people for their temerity in demanding the government stop wasting their money, the
'Punisher in Chief' wants to leave the corruption and inefficiency untouched but to cut instead:

First responders such as firemen and paramedics.

Meat inspectors.

Border security which will allow in more illegal immigrants.

Airport security to ensure long queues at airports.

Air traffic controllers to make sure flights are delayed.

The military will be cut and an aircraft carrier will be recalled from the Gulf.

Prison staff, resulting in the release of 30,000 criminals, including illegal immigrant criminals. He also wants to keep it a secret from local law enforcement which prisoners are being released and where.

Park Rangers so that National Parks will be closed to visitors.

The janitors responsible for cleaning and maintaining the Houses of Congress. This is to punish the Congressmen for having the audacity of hope that he will cut spending.

With the adults duly punished the 'Punisher in Chief' doesn't stop there. Children must be taught the lesson too, that he who must be obeyed must not be challenged....ever.

Teachers are to be sacked therefore their education is affected.

Vaccination programmes for children will be curtailed, increasing their chances of illness.

Service providers will have to choose between the poor child and the disabled child when allocating resources.

Sure Start and Head Start programmes will be curtailed and places lost. This will disproportionally affect the most vulnerable children.

The most shocking of all, and the one that has pushed most people over the edge, is the Presidents order to cancel tours of the White House for school children. Apparently these tours are highly prized and a life time experience for school children.

This action against children is especially despicable as the cost of one of the Presidents golfing weekends would cover the cost of a whole years worth of tours.

Shame on you Mr President. Taking out your temper tantrum on children is unbecoming and demeaning to the Office of President of the United States.

This programme of cuts has to be the most infantile, petulant response to a call for fiscal responsibility from any politician, but from the leader of the Free World it is simply appalling.

What is obvious is that it is not an attempt at addressing the countries deficit and debt problem but an act of punishment on the American people for daring to insist their President puts the well being of the country before his perverted socialist ideology.

Watching this banal behavior of their President, the American people are slowly beginning to realise the mistake they made during the last election but, unlucky for them, they can't turn the clock back.

Elections have consequences, and in this case extremely bad ones. Hopefully, at next election cycle, our American cousins will have learned their lesson and they will ignore the media whores, think for themselves and put their country before all the 'free stuff' which somebody else has to pay for.

Greece Didn't Have A Spending Problem Either Mr President

As the national debt exceeds $16 trillion and the annual deficit is about to exceed $1 trillion for the fifth consecutive year, gasps of disbelief could be heard echoing around the world as President Obama informed the House Speaker John Boehner that America does not have a spending problem.

I expect that the credit rating agencies, who have already downgraded America's credit rating once for not tackling the debt crisis, might disagree.

This is a shocking statement by any standard and it either displays a total ignorance of basic economics or it demonstrates that the fundamental transformation of the American economy from a free enterprise system into a European style socialist system, as promised by Candidate Obama, is about to become a reality.

On the day that the European Union central committee released the latest employment figures it is worth taking look at another country that didn't have a spending problem either.

Greece's ruling dynasty fundamentally transformed their homeland into a socialist economy by growing the government and welfare entitlement benefits financed by deficit spending and borrowing. This racked up insurmountable debts which due to a series of credit rating downgrades, the Greek economy was unable to service.

As has happened with every socialist economy in history, Greece went bankrupt leaving the people and future generations to suffer the consequences. (The politicians themselves got away unscathed with their entitlements intact)

Greece had a deficit of 6% in 2009 which has risen to 12.7% today and a debt to GDP ratio of 162%

America has a deficit of 9% and climbing with a debt ratio of 110% which is also climbing.

Greece has increased the top rate of income tax to 45% on income above $130,000 and abolished all exemptions.

The tax free ceiling before becoming eligible for income tax has been lowered from $15,600 to $6,550 and will abolished in the next budget.

Employers and employees must pay a Social Contribution Tax of 16% with a rate of 19% for blue collar workers.

Value Added Tax (VAT)  has been increased from 19 to 23%

Corporation Tax has been decreased from 40% to 20% but is scheduled to be increased to 24%

Not surprisingly tax avoidance in Greece runs at 45%.

The American people must be made aware that the price for this socialist transformation will, as always, be paid by the people.

The latest unemployment for Greece shows that it has risen by 7.1% to 26% and the most depressing statistic of all, and one which American students need to pay particular attention to, is that youth unemployment in Greece now stands at staggering 57.6%.

Without digressing too much from Greece it should be mentioned that the other European economic  basket case Spain, also didn't have a spending problem and unemployment there increased by 3.6% to 26.6% with youth unemployment standing at 56.6%.

There is a belief in the world at large that many Americans are suffering from Stockholm Syndrome where the victim falls in love with their abuser.

This was confirmed during the manufactured 'fiscal cliff' crisis when the President and his propaganda machine repeated ad nauseum, that there must be a balanced approach to solving the out of control deficit problem.

Most people understood that to mean that the 'rich' would be asked to pay a little more in taxes and government would in turn would reduce its spending.

The President and the Democrats were being economical with the truth during the negotiations and the GOP swallowed it whole.

There was no outrage from the public at this massive fraud and deceit but to any student of socialist methodology the outcome was predictable, the administration got its way on taxes but gave nothing away on spending.

Looking at the European experience, this is just the beginning. House Minority leader Nancy Pelosi, has already indicated that the government will be looking for more revenue from taxation in the months to come and it can be guaranteed that this extra revenue will not be used to close the deficit or pay down the debt, it will most certainly be spent on new entitlements.

Nancy Pelosi is also repeating to anyone that will listen that the President should bypass the Congress and just raise the debt limit by Executive Order. So is Treasury Secretary Timothy Geitner and a whole host of administration apparatchiks and cronies.

"I would do it in a heartbeat" she is quoted as saying.

This by passing of Congress is obviously the new Democratic Party strategy.

As a political junkie who has looked at governments all over the world, I can't help but admire the efficiency of the Democratic political machine.

Their control over the Main Stream Media is total, their dedication to their agenda is absolute, their plans are thought out to the smallest detail and their strategy for implementation is ruthless.

The GOP is reduced to a fringe party protesting from the sidelines.

To the detriment of freedom lovers the world over America has joined the ever growing list of one party states.