Bystander-in-Chief

President Obama has, since 2009, been doing his best imitation of Sgt. Schultz from the old Hogan's Hereos. "I see NOTHING! I KNOW NOTHING!

During the Fast and Furious scandal, Obama said he did not know about it until he read it in the news reports.

When asked about the lack of recovery, he claimed he did not know how bad the economy was. Despite his campaign rhetoric to the contrary.

When asked about the Solyndra loans, he claimed to have known nothing about them until he read it  in the papers.

When asked about the Green loans to his donors and bundlers He claimed not to have known about them

When asked about the NSA spying he claimed he did not know until he read it in the news.

When asked about the IRS targeting of conservative groups, he claimed he did not know until he read it in the newspapers.

When asked about Benghazi he claimed he did not know about the security issues until he read it in the news.

When asked about the disastrous Obamacare rollout, he claimed not  to have known anything about the website issues, or the increased premiums until the news stories broke.

This is either the most uninformed ad incompetent president in history; OR, the most dishonest and incompetent president in history.

You choose.

Fiscal Reality

5 years ago today;

 The National debt stood at $9.9T, today it is $17.1T, up $7.2T or 73%.

Federal Spending was $2.7T against Revenues of $2.55T, Today it is $3.66T against revenues of $2.77T, up 37%.

The Deficit was $299B, or 2.15% Today it is $828B, or 5.5%

There were 13M unemployed, with a Labor Force participation rate of 66.7% Today there are 21.3M unemployed with an LFP of 63.3%, meaning an additional 10.9M are no longer looking for work.

The M1 supply was $1.2T, the M2 was $7.8T, and there was $573T in currency and derivatives.

TODAY the M1 is $3.6T, up 300%!
The M2 is $10.8T, up 39%

Currency and Derivatives stands at $687T, up more than $114 trillion dollars!

This is not only unsustainable, but utterly irresponsible. For those of you who mindlessly champion the clean CR's, and the unadorned debt limit increases YOU are cheering this Administration as they lead us to a financial nightmare vastly worse than that of the Weimar Republic. And we know how that screw up ended.

Lies, Damned Lies, and Default

We have all heard the President warning against DEFAULT! And the Treasury Secretary Warning against DEFAULT!

What they are not telling is that THEY ARE LYING!

A refusal to immediately increase the debt ceiling DOES NOT mean DEFAULT!

And the President is lying when he says, "the debt ceiling will not allow us to add new debt, it is about paying the bill we have already incurred" No, Mr. President it is about adding more debt.

Here are the facts, according to the GAO. The interest on our debt is currently $22B/mo. HOWEVER we bring in $240B/mo. in revenue. Therefore, a refusal to raise the debt ceiling does not mean default. It means the government must cut spending by $22B. Given that the GAO ADMITS to making $132B/yr. in erroneous payment this should not be difficult, That and keeping Obama in Washington for a month would just about do it.

Shutdown Facts

Can we boil out ALL of  the spin, and partisan posturing for a moment?

We are in a partial(17%) government shut down for one Reason. The government failed to pass a budget, in accordance with the law(their 5th years failing to do so) and now  must pass a continuing resolution.

Here are the facts:

Every year the President has passed his budget resolution, Not  by the February deadline, but he did it nonetheless. The House has passed their  budget. And every year the Senate has failed to even write a budget let alone pass one. Harry Reid has said it would be "stupid" for them to do so. This is a violation of federal law. The President has failed to get a single vote for any of his budgets so odious were they, not even one democrat vote.

So we arrive in Sept. needing a CR to  continue. The House passed 6 of them. The Senate refused to  consider any. Then the House passed piecemeal bills  to fund the Democrats complaints while negotiating over the larger issues. The Senate refused to address them. The President has said he will not negotiate. Oh, I'm sorry, he WILL negotiate with Assad, Putin, Rouhani, Kim Jong, but NOT with the House.

So, if you strip away all the positioning and look solely at the law and the facts, the House which the president and his party have branded "terrorists" "Jihadists" "bomb throwers" "Hostage takers" "no different from the slave owners" are the ONLY  branch of government that has done its job. While the President has attempted to use the shut down for political purposes, Armed guards turning away Vets from open air memorials, Closing the OCEAN, they are kidding, right?, telling the park service to make it as painful as possible for the people.

THIS is what my loony lefty friends choose to defend?

Train Wreck Arriving on Track One!

IT IS HERE! Obamacare has arrived! Of course more than half the states are not setting up the exchanges since Obamas attempt to force them to was ruled unconstitutional. And of  the states setting up the exchanges and taking the printed bribe money, over half can not link with the Federal Hub, because the Hub and Portal are not working. Og, and BTW, NONE of this has been tested and they have admitted that it is not secure.

To cure the lack of preparedness on the part of the feds. Obama's plan was to hire minimum wage part time "navigators" through politically favored groups to "guide" people to enroll online through the non working Hub and Portal.

These part time minimum wage workers will have access to your personal info. social security number, etc. The Fraud will be massive.

BUT, The President has, illegally(for where does the president get the authority to change passed law), postponed the Sword of Damocles hanging over Business head. He has given 2,400 of his biggest donors and contributors waivers from Obamacare, subsidized the "WEALTH Barons" in Congress. BUT for the little people, he has refused to postpone anything. YOU MUST PAY IMMEDIATELY! Only Business and donors get breaks in the Obama White House.

Does anyone else see how corrupt this is?