Articles tagged as

Debt

Last I remember, NH sent both Frank Guinta and Charlie Bass to CUT THE SPENDING.

by Skip

Low expectations for Charlie on my part – am not enthused that he has failed to meet that height challenged standard.  For Frank, however, who campaigned hard with TEA Party constituencies, the bar was higher – MUCH higher.  Sigh….Today, I get to repeat my lament: why isn’t your name among the other Conservatives that voted against spending more?  Oh, to be sure, I got both eBlasts about H.R. 4628:

  • Charlie’s: Earlier today, the House passed, on a bipartisan vote, legislation to extend the current student loan interest rate of 3.4 percent for one year.  Without Congressional action, the rate would double on July 1st, making it even more difficult for students struggling to find jobs in such a weak economy to pay back their loans.  I strongly supported this fully-offset, fiscally-responsible legislation and hope the Senate moves on it as soon as possible.
  • Frank’s: Representative Frank Guinta (R, NH-01) today voted for the passage of H.R. 4628, the Interest Rate Reduction Act.  It would extend the current 3.4 percent rate for college undergraduate recipients of Federal Direct Stafford loans.  Without congressional action, that rate will double on July 1.  The bill was approved in a 215 to 195 vote.

I note with no small irony that Obama has recently visited over 120 colleges and universities.   My response concerning this out-and-out-pander vote back at Frank’s office (NH CD-2 is not my district and I’ve given up on Bass):

So, we’re taking money from a program that most of us want to kill, for which we had no money for it in the first place, to fund a program that Obama nationalized.

Er, where am I wrong here?

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Paid Back the Auto-Bailout You Say?

by Steve MacDonald

Kevin A. Hassett at AEI has an article (also available in the most recent print edition of National Review) in which he addresses the many fictions of the Obama auto-bailout.  You can read it here, but what caught my eye was the nifty graphic that went with it. It suggests what Hassett articulates in his … Read more

Smart Girl Politics Action: “They don’t speak for us”

by Susan Olsen

Smart Girl Politics Action launches “They Don’t Speak for Us” asking women to put the conversation back on real issues important to women. Women are forced everyday to make sacrifices and its time that we put pressure on Congress and this Administration to stop playing games and get back to work for the American people. … Read more

Congressional Stalemate is better than Financial Disaster

by Don

Is Congress at a stand-still?  If so, is that good or bad?

Americans elect representatives whose views, they believe, are best for our country and our people.  Since Americans disagree about these things, there will be disagreements, conflicts and even stalemates in Congress.

Our nation’s founders wanted to ensure that extreme legislation, violating their principles, customs, and beliefs, is not imposed on the American people.  So, the founders created a system which typically forces compromise to ensure that legislation is acceptable to most Americans.

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US Senator Kelly Ayotte (R-NH) – I keep appreciating how she is actually voting and talking.

by Skip

As we have said before (and told her personally), Senator Kelly has been a pleasantly surprising voice and vote in the US Senate as she has been voting more conservatively than what we first believed she would.  I think this quick interview she did with Fox News shows how important the debt ceiling, the indebtedness this nation has descended to, is to her:

I don’t think that there is a sane person in NH or the rest of the country that would disagree with her.  Progressives that worship at the feet of Obama and hang on every syllable uttered from TOTUS?  They continue to believe in the magical money tree, financial pixie dust, and Hope (which, as any project manager will tell you, is never a solid plan for success).

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7 Things About Obama

by Steve MacDonald

Things everyone should know about Democrat leadership.  (No need to remind you that they will blame everyone but themselves for it.)   Every day, the U.S. government takes in $6 billion and spends $10 billion.  This means that every day the federal government spends $4 billion more dollars than it has. The real unemployment rate … Read more

Response to Attacks on Republicans for PAYGO

by Don

To the Editor:

Apparently I can read better than Mr. Veverka can hear.  In his October 6th letter in the Laconia Daily Sun, Mr. Veverka adamantly assured us the term “TEA Party” did not exist in the Hightower article referenced by my letter.  “TEA Party” can found near the beginning of paragraph 8.  

The focus of my letter was on the TEA Party, what it is and isn‘t, its criticisms of both parties and wasteful government operations, and its focus on principles, not political party.  My letter was inspired by the Hightower column, the most recent (at the time) attempt to malign the TEA Party and its principles.  

Hightower’s article and Veverka’s letter are just partisan attack pieces.  It is  a common liberal technique to attack anyone who tries to stop or even slow the growth of government.  Anyone who won’t cave to whatever liberals demand will be smeared.  It doesn’t matter whether the program works, is worth the cost, is counter-productive, or is affordable.  

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The TEA Party is for America not for a Political Party

by Don

Jim Hightower’s recent article titled, “Playing politics with humanitarian aid”, (see Jim Hightower.com) is just another anti-TEA Party screed falsely attempting to link it with the Republican Party.  The article can be summarized:  Republicans and TEA Partiers cannot complain about Democrat wasteful and irresponsible spending which rewards Democrat supporters because Republicans similarly spend to reward Republican supporters. 

The TEA Party objects, equally strenuously, to wasteful and irresponsible spending by both parties.  

The TEA Party believes that politicians in Washington are only authorized to raise and spend money to pay for Constitutionally authorized functions.   Politicians are not authorized to tax or borrow money to reward friends or to buy political support.          
   

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Obama’s “Bride Of Stimulus” Speech

by Steve MacDonald

I wasn’t going to bother, but when you have a title like “Bride of Stimulus” you have to run with it. And that is exactly what that speech was. To quote every democrat’s greasy palm card from 2007/2008, what we have here is…”the same old failed polices of the past.” Or what I referred to on twitter as “same old whore new dress.”

New Hampshire Exceptional, Yet Again.

by Steve MacDonald

Stopping the spending and the out of control growth was and is exactly what you need and want from your US congress, but cannot yet achieve with a Democrat Senate and a Democrat President. And you will never get it as long as the left controls any those parts of your Federal government.

Would You Suck Twice as Hard for Half as Much?

by Steve MacDonald

I appreciate it when democrats give you the rope with which to hang their half baked ideas.  Take Mark Fernald for example.  Mr. Fernald is a sometime New Hampshire Democrat candidate for this or that, and prominent member of the left wing Granite State Fair Tax Coalition (GSFTC).  He recently (sorry, frequently) forwards  partisan, left wing economic spin, to justify his pet obsession with rising taxes and class warfare. 

This most recent email to the arm chair central planners in his fan base is just another in a string of left wing editorials that attempts to contrast democrat spending against that of our previous president. It is typical Fernald; an oranges to rotten apples comparison that uses incomplete data, wild assumptions (about Obama’s future affect in every case), misleading graphs, cherry picked data, and resulting percentages that stretch the fabric of reality so thin that you could easily pass into the alternate dimension in which Democrats and faeries dance widderershins around the deficit mound, as money appears out of nowhere to pay for whatever theirr tiny, narrow, Marxist minds can imagine.

donkey with hed up assThis particualr faerie story centers around three graphs from the Government Printing Office (GPO).  Not the fed, the treasury, or even some fruit-loop left wing think tank, but the GPO.  The GPO prints stuff, and answers to the Executive branch.  So right out of the toy-box we have to question these partisan stills, presented as they are in a partisan manner, bearing guestimated facts and assumptions, with no basis in reality any greater than anything that has ever escaped Mr. Obama’s teleprompter; you do recall all the Obama the non-partisan, deficit cutting, cost reducing, globe saving, health care giving, unifying, auto company saving, mortgage rescuing, goodness?  How about the transparent lobbyist-less,  open to ideas, new tone, we need to work together Obama?  No?  You probably remember the we won, closed door, partisan, hate those bankers, Tea Partiers are terrorists,  intimidation tactics, don’t interrupt my vacation, Arrest Ron Paul supporters, dozens of lobbyists, shadow cabinet, Attack Arizona, hunt down my enemies, anti-free speech, black panthers can scare away voters, give guns to Mexican drug lords, nohting is my fault Obama with the double action golf-club grip?  Well his printing office is the source.  Are we surprised it tries to make him look good?

So what can we glean that goes beyond the objective of showing your Republican friends that they are wrong about Obama?  How about using facts to show that those Republicans are actually right?

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Bernanke’s Bender

by Steve MacDonald
Bernanke sober- or so it seems(Note:This arrived in my mail box unattributed, but I have discovered that it is from The Onion.  I have edited any questionable language by replacing letters with asterisks.  This image is not associated with the article at The Onion.)
 
SEWARD, NE—Claiming he wasn’t afraid to let everyone in attendance know about "the real mess we’re in," Federal Reserve chairman Ben Bernanke reportedly got drunk Tuesday and told everyone at Elwood’s Corner Tavern about how absolutely f****d the U.S. economy actually is.
 
Bernanke, who sources confirmed was "totally sloshed," arrived at the drinking establishment at approximately 5:30 p.m., ensconced himself upon a bar stool, and consumed several bottles of Miller High Life and a half-dozen shots of whiskey while loudly proclaiming to any patron who would listen that the economic outlook was "pretty goddamned awful if you want the God’s honest truth."
 
"Look, they don’t want anyone except for the Washington, D.C. bigwigs to know how bad shit really is," said Bernanke, slurring his words as he spoke. "Mounting debt exacerbated—and not relieved—by unchecked consumption, spiraling interest rates, and the grim realities of an inevitable worldwide energy crisis are projected to leave our entire economy in the sh****r for, like, a generation, man, I’m telling you."

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193,000 Leave The Workforce

by Steve MacDonald

Bloomberg News (c/o Hot Air) reports that 193,000 more people have stopped looking for work in the Obama economy, taking 156,000 off the ‘Unemployed’ rolls.  This has effectively diminished the news that payrolls added 117,000, an anemic, lateral shift in an employment picture that sees more people giving up than finding work.

But people bailing has it’s statistical advantages.  With fewer unemployed on the books the rate of employment looks better, if you can call 9.1% better.  Another problem?  Debt management.  With such a large percentage of the available work force idle, that’s a natural resource wasted.

Meanwhile, Jay Carney, White House Press Secretary, reminded us that the White House does not create jobs.  It creates the conditions for job creation.

Yes it does…in China, India, Mexico, Brazil, just about everywhere but America. 

 

But is that the real plan?  After all, remember what joblessness means for the economy…(on the jump)

 

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