We are in a real bind. We have massive entitlements growing out of control and there is no end in sight. The term “unsustainable” does not even scratch the surface of the problems that are facing this soon to be “once a great nation”. Like Obama’s former chief of staff, Rahm Israel Emanuel once said, "You never want a serious crisis to go to waste”, Obama is taking his advice and is doing just that. He will continue to gut the dollar until everything falls apart and when people who dependent on government hand outs take to the streets, he will declare martial law and begin to rule as a dictator. Unfortunately for him, this is not Greece and there are too many hard working and honest people he calls tea baggers that stand in his way.
To speed up the process, he is spending our hard earned money at a record pace and with the help of main stream media and liberal politicians is attempting to persuade the masses to act as they do in Grease.
To illustrate my point Obama has made statements like, “If they bring a knife to the fight, we bring a gun,” and “I want you to argue with them and get in their face,” which union thugs are already doing. Other Democrats like Senator Claire McCaskill (D-MO) called for violence if democrats don’t get their historic tax hikes by saying “It really is time for Americans to take up pitchforks.” Other democrats like U.S. Rep. Michael Capuano (D-MA) rallied the crowd, calling the battle to save collective bargaining rights “a fight for the middle class.” Capuano also said “Every once and awhile you need to get out on the streets and get a little bloody when necessary.”
President Obama and Fed Chief Bernanke believe, that the only way they’ll ever be able to service the nations massive debt — let alone repay it — is to do so with cheaper money without any regard what that will do to the middle class. TO YOU, that would mean food, energy and everything else you pay for would go through the roof.
Using the made up crises to further his agenda, Barack Hussein Obama, took your hard earned money and calling it a stimulus created his own slush fund. For example, as reported in the Wall Street Journal, the stimulus bill sent about $160 billion in taxpayer dollars to states. You would assume that the money was intended to save or create jobs. In reality, no one else but the government employees and unions benefited from the influx of money. For example, a new study by economists Timothy Conley of the University of Western Ontario and Bill Dupor of Ohio State found that despite of all that federal money, highway construction jobs actually plunged by nearly 70,000 between 2008 and 2010. “The “Shovel-ready was not as shovel-ready as we expected,” Barack Obama joked the other day at a meeting of his Council on Jobs and Competitiveness.
How did the Obama slush fund benefit government employees and unions?
You see, each state employee pays dues to the AFSCME union and those union dues go directly to Democratic candidates! As the Wall Street Journal reported, AFSCME has donated an eye-popping $87.5 million for the midterm elections, virtually all of it to Democratic candidates. In addition, according to Rich Blake, ABC News, billions of dollars that were sent to states to shore up payrolls for public school teachers further stoked the debate over whether government employees, their unions and their benefits packages are bankrupting the country.
It turns out that the Obama stimulus was nothing but a Democrat classic money-laundering scheme. Late last year, it was learned that billions of stimulus dollars were sent to non-existent congressional districts. Now, it has been discovered that hundreds of thousands of dollars (so far) have been sent to non-existing zip codes.
America is at a tipping point. Federal spending now exceeds tax revenues by $1.6 trillion a year. That means 40 percent of what Washington spends is borrowed. Washington must make drastic budget cuts now to preserve our freedom and prosperity. The current debate over the debt limit and the 2012 budget gives conservatives an opportunity to make the case for restraining the debt—and for real cuts in federal spending. The following cuts were recommended by The Heritage Foundation.
Department of Education
Annual budget: $121 billion
Summary: Since the department’s creation in 1979, trillions of tax dollars have yielded declining test scores as American education has fallen behind many other countries. One expert recently testified: “It now costs three times as much to provide essentially the same education as we provided in 1970.” The more we spend, the less we get.
2012 budget: $5 billion
Summary: In the next decade, Obamacare adds $1 trillion in new health care spending, which will balloon the federal deficit by $500 billion and produce a crushing tax burden. But even after one year, Obamacare is already cited responsible for increases in insurance premiums, dropped coverage, and job loss.
2009 Federal Stimulus Program
Amount budgeted: $827 billion total
Summary: The stimulus not only didn’t reduce unemployment, as the President and Congress promised, but much of the money is being wasted. One project spent $500,000 and didn’t even create two jobs! Much of the money remains unspent—which means it can still be cut!
Welfare/Entitlement Waste & Fraud
Annual budget for welfare and entitlements: More than $2 trillion
Summary: Washington bureaucracies are filled with preventable fraud, error, and theft. Example: Each year, 22 million Americans receive checks of up to $4,700 through the Earned Income Tax Credit, and almost one-third of these claims are fraudulent. Ten thousand or more dead people also received “stimulus” checks from Social Security. Medicare inefficiencies and fraud are even worse.
Excessive Pay for Civilian Federal Workers
Amount budgeted: $244 billion
Summary: Federal workers average 30 to 40 percent more in salaries and wages than equivalently skilled workers in the private sector and they receive roughly three times the basic benefits, more job security, repayment of student loans, and more days off.
Let’s face it. The root causes of most problems that are bringing down our world right now is big and bad government. It’s still not too late. Stand up and say no to big government.