Nathan R. Jessup

Posts Tagged ‘CBO’

The Facts Obama Doesn’t Want You To Know

In Uncategorized on March 27, 2010 at 7:45 pm

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(By Joanne Galloway)

Does one person’s need constitute another’s obligation to provide?

Really think about that folks. Our Constitution says no, most American’s say no, (see Rasmussen today) but in effect, that’s what our government has done for years by way of taxation. In the case of Obamacare – that obligation will become an all out smorgasbord of benefits stolen from those who have, rendered unto those deemed “in need”, ala the Karl Marx principle “From each according to his means, to each according to his needs”.

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The Facts Obama Doesn't Want You To Know

In Uncategorized on March 27, 2010 at 7:45 pm

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to Yahoo BuzzAdd to Newsvine

(By Joanne Galloway)

Does one person’s need constitute another’s obligation to provide?

Really think about that folks. Our Constitution says no, most American’s say no, (see Rasmussen today) but in effect, that’s what our government has done for years by way of taxation. In the case of Obamacare – that obligation will become an all out smorgasbord of benefits stolen from those who have, rendered unto those deemed “in need”, ala the Karl Marx principle “From each according to his means, to each according to his needs”.

Read the rest of this entry »

The Facts Obama Doesn't Want You To Know

In Uncategorized on March 27, 2010 at 7:45 pm

Add to FacebookAdd to DiggAdd to Del.icio.usAdd to StumbleuponAdd to RedditAdd to BlinklistAdd to TwitterAdd to TechnoratiAdd to Yahoo BuzzAdd to Newsvine

(By Joanne Galloway)

Does one person’s need constitute another’s obligation to provide?

Really think about that folks. Our Constitution says no, most American’s say no, (see Rasmussen today) but in effect, that’s what our government has done for years by way of taxation. In the case of Obamacare – that obligation will become an all out smorgasbord of benefits stolen from those who have, rendered unto those deemed “in need”, ala the Karl Marx principle “From each according to his means, to each according to his needs”.

Read the rest of this entry »

Why Obamacare Will Cost You Everything

In America, Congress, constitution, Government Lies, Health Care, Obama, Pelosi, US Senate on March 25, 2010 at 9:16 pm

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(By Joanne Galloway)

Another company has made public just how much money it’s going to cost them for Obamacare.

(The Wall Street Journal has the story)

Verizon’s Executive vice president for human resources Marc Reed, wrote to company employees yesterday about Obamacare. “Many of the plans that Verizon offers to employees and retirees are projected to have costs above the threshold in the legislation and will be subject to the 40 percent excise tax.”  In other words – Verizon employees had some pretty good insurance coverage – and now Obamacare is going to punish them for it.

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Spending Freeze; Reactionary Obama Late Again

In Congress, Government Lies, Obama, US Senate on January 26, 2010 at 1:11 am

Here we go again. A day late and twelve trillion dollars short. Obama is set to announce during his State of The Union Address, a spending freeze-almost. Redstate reports:

“Teh Twitter is abuzz with posts on the rumor that Barack Obama will be announcing a “spending freeze” on discretionary spending during the State of the Union address.  Pay close attention to the words:  discretionary spending.  The word on the street is that his request will exempt “the Pentagon, veterans programs, foreign aid and homeland security” from this so-called “freeze.”  There are a couple of key items to consider:

  1. What exactly does he mean by “freeze?”  Does it mean “freeze the level of spending at the bloated 2009 numbers”?  Or does it mean “don’t increase these programs any more in 2010 than we did in 2009?  Or does it mean “stick to historic growth levels, rather than Obama-caliber spending increases”?  Inquiring minds want to know.
  2. Discretionary spending means non-entitlement spending.  When you subtract out entitlements:  Medicare & Social Security, and then you subtract defense-related spending, there is precious little left.  In fact, it comes out to less than fifteen percent of the federal budget.*  Barack Obama’s so-called “stimulus” program totaled around $750B – that’s almost 50% greater than the entire non-defense discretionary budget for 2009. Freezing 15% of the federal budget is a drop in the bucket.  (see page 8 of this PDF)”

I don’t quite know whether I should be impressed by the reckless determination or astonished by the reprehensible lack of foresight. Either way, we’re screwed…

(Courtesy of Gateway Pundit) -“For the record, Democrats are likely to quadruple Bush’s 2008 budget deficit this year after tripling it last year.”