OBAMACARE DISASTER TO COST 2 MILLION JOBS

ObamaCare is a disaster and the Obama Administration is demanding Congress drown our nation in trillions of dollars of red ink.

The recent Congressional Budget Office Report that ObamaCare will cost the equivalent of 2 million full-time jobs dealt a major blow to our economy.  The Democrat spin?  Oh, this is a good thing. Artists, writers, singers, and others now won't be "job locked" because of health insurance.  They will be "free" to pursue their passion without having to worry about needing medical care because the working Americans will pay for the them, the non-working Americans.  Really, no kidding, that is what the Democrats are trying to convince us of.  The loss of 2 million jobs is a "good thing."  

And now the Obama Administration is insisting Congress raise the debt ceiling while President Obama REFUSES to cut even one nickle of spending.

America is $17 trillion in the hole and President Obama is urging Congress pile even more debt on top of the heads of future generations.

This is madness.  And it's time to stand up and say ENOUGH!

THROW THE PROGRESSIVES OUT OF OFFICE IN 2014 AND 2016, DEMOCRATS AND MODERATE REPUBLICANS!

IRAQ SURPLUSES SWELL AS U.S. DEBT SOARS

It's 2003 and the U.S. invades Iraq and ousts Saddam Hussein. A heinous madman has been deposed, and Iraqis have a chance at freedom. Thanks to the U.S. and our military.

So what has this war cost us? Well, Folks, these are the facts.

Since 2003 the U.S. has infused more than half a trillion dollars into Iraq.

From 2004-2009 Iraq amassed a surplus of $52.1 billion, with over 92% of its revenues coming from oil exports, some of which WE import and pay Iraq for. During that same period overall U.S. debt soared as we ran huge deficits in every one of those years.

The U.S. has spent $624 billion in Iraq helping the Iraqis set up a democratic government. Sounds humanitarian, doesn't it? And wouldn't you think that since Iraq has a huge budget surplus they'd be PAYING us for our help? Or at least providing us with oil free of charge?

But not so. On July 29 the U. S. Congress approved an additional $1 billion in "emergency" aid to the Iraqi government, and Obama is seeking yet another $2 billion in his fiscal 2011 budget, as reported by CNS News.

Our Government Accountability Office (GAO) has disclosed that the Iraqi government holds as much as $32.2 billion in cash on deposit at banks and financial institutions. The GAO stated in its audit report that "Congress should consider Iraq's available financial resources when it reviews the administration's fiscal 2011 budget request and future budget requests for additional funds to train and equip Iraqi security forces."

That sure makes sense, doesn't it? They have the money so why can't they COVER OUR COSTS or even PAY US TO BE THERE? Or send us home? Instead we are supporting billionaires while we are going bankrupt.

According to the CBO, the U. S. budget deficit exceeded $1.3 trillion for fiscal 2010, the second greatest deficit as a percent of GDP since WWII. The greatest deficit ever? 2009's $1.4 trillion.

Whether you believe we should have gone to Iraq or not, Obama's election promise was to end the war in Iraq and stop the bleeding of our resources. So far all he's done is ask for MORE money, and he's changed the verbiage of our mission there, going from "military mission" to "non-combat mission." But ask troops who are still there if their "mission" has changed.

Obama must think Americans are thick minded. That's a mistake he will regret in November.

And just so you know, I gripped at Bush about this situation also. Bush did the same thing, continued to spend money in Iraq while they gathered up a huge surplus. Both administrations are at fault. But Obama SAID he'd end it, and he hasn't. Bush never promised to end it.

OUR BANKER SAYS THE U.S IS "ONE STEP NEARER" TO CRISIS

In case you don't believe that America's debt levels are shocking to the world, OUR BANKER, that's CHINA'S CENTRAL BANK, has issued a sky-is-falling warning. They have stated that "China is worried about the safety of its foreign-exchange reserves including those investments in U. S. Treasuries." In other words, China believes the U. S. cannot make good on the almost one trillion dollars we owe them. I believe that's called "default."

What's alarming China? The Congressional Budget Office says the U. S. will record a $1.3 trillion budget deficit for the fiscal year ending September 30. This budget deficit will be equivalent to 9.1% of gross domestic product, making it the second-largest percentage of GDP in 65 years, exceeded only by the 9.9% in 2009. Both budget deficit breaking years have occurred under the Obama administration. And Obama isn't done spending yet!

Want another scary FACT? The CBO projects that the U. S. will have a cumulative deficit of 6.27 TRILLION DOLLARS in the next decade, thanks to the Monstrous Obama Spending Machine. Say goodbye to any hope of financial stability for future generations.

China is the biggest foreign investor in U. S. Government Bonds. If China decides to dump our debt or quit purchasing our bonds we are sunk, and the sound of us being sucked down the Default Drain will be heard worldwide. And it's closer than you think.

Health Care Spending Fraud by CBO

Saw this information on a Spending Revolt website and thought I'd share it.

"CBO reveals health care spending increase…five months late.
September 3, 2010 by Spending Revolt

During the recent federal health care debate, one of the biggest disagreements was over whether the legislation would reduce the deficit. Democrats argued, using analysis from the Congressional Budget Office, that it would. Republicans argued that those “scores” had been gamed with unrealistic provisions that would not be implemented. This focus on the deficit missed an important question: how would the bill affect spending and taxes, rather than just the net effect?

Recently, CBO revealed that the health care legislation, as written, will increase entitlement spending by $401 billion and increase taxes by $525 billion over the next 10 years. i.e. it significantly expands the size of government. During the debate (when it really mattered), CBO only reported that the net effect would be a reduction in the deficit.

As Keith Hennessey points out, this new report “gives us the complete picture five months late.” For some reason, in CBO’s initial analysis, they combined spending and taxes into a single number and reported the net effect. Because of the way they presented information, it was impossible to pull out their estimates of increased spending.

Hennessey speculates that someone leaned on CBO. They “had this information last March but they buried it…I would bet heavily that CBO was pressured.” CBO analysts have a tough job and we may never know why they did or did not include certain information. One thing is certain: it would have added to the debate if CBO had revealed five months ago that the “Affordable Care Act” will increase spending by almost half a trillion dollars."

That's the article. Do any of you remember when the head of the CBO was called into Obama's White House office for a pow wow? And right after that the CBO revised their cost figures downward? And that helped Obamacare get shoved through Congress?

It was a lie and fraud then, and it remains a lie and fraud now. Wonder what Obama had to give the head of the CBO to "buy" his cooperation?