Posts tagged Barack Obama

Obama Gaffe Files: Confuses Jews with Janitors

Sep26
2011
Leave a Comment Written by MacRanger

Still doesn’t get it.

“When you start saying, at a time when the top one-tenth of 1 percent has seen their incomes go up four or five times over the last 20 years, and folks at the bottom have seen their incomes decline — and your response is that you want poor folks to pay more?

Give me a break.

If asking a billionaire to pay the same tax rate as a janitor makes me a warrior for the working class, I wear that with a badge of honor. I have no problem with that.”

Well genius, as we discovered before Millionaires already pay a higher tax rate - much higher - than a janitor and incidentally pay more than the 45% of Americans who pay no income tax.

But beyond that, Andrew Malcolm notes this gaffe in the speech that as expected the MSM wouldn’t translate correctly.

Posted in News

No Mr. Nocera, There Nothing Fake about the Solyndra Scandal

Sep24
2011
Leave a Comment Written by MacRanger

Got to love liberals, they excuse murders, bank robbers, child molesters, so it’s no wonder that Joe Nocera - a supporter of Barack Obama, tosses up this lame attempt of saying that there is nothing behind the Solyndra Scandal

“The purpose of the hearing — indeed, the point of manufacturing a Solyndra investigation in the first place — is to embarrass the president. That’s how Washington works in the modern age: the party out of power gins up phony scandals aimed at hurting the party in power.

Undoubtedly, the Solyndra “scandal” will draw a little blood: there are some embarrassing e-mails showing the White House pushing to get the deal done quickly so it could tout Solyndra’s green jobs as part of the stimulus package.

But if we could just stop playing gotcha for a second, we might realize that federal loan programs — especially loans for innovative energy technologies — virtually require the government to take risks the private sector won’t take. Indeed, risk-taking is what these programs are all about. Sometimes, the risks pay off. Other times, they don’t. It’s not a taxpayer ripoff if you don’t bat 1.000; on the contrary, a zero failure rate likely means that the program is too risk-averse. Thus, the real question the Solyndra case poses is this: Are the potential successes significant enough to negate the inevitable failures?”

Well Mr. Nocera, perhaps you might want to - for the sake of disclosure - speak about your campaign activities for Barack Obama during the 2008 election? No?, I didn’t think so. Of course Mr. Nocera saw no problem with the over 100 investigations of the Bush administration from 2006-2008. Nevertheless there is much more to the story, so much so that the FBI is actively investigating the company.

No there is much more to know and be known about this scandal.

Posted in News - Tagged Solyndra

Solyndra Executive Will Plead the Fifth at Congressional Hearings

Sep20
2011
Leave a Comment Written by MacRanger

Not a sign that nothing illegal was going on.

“NEW YORK (CNNMoney) — Top Solyndra executives are not going to testify before Congress about the federal government’s backing of the failed solar power company.

Solyndra Chief Executive Brian Harrison and Chief Financial Officer Bill Stover will exercise their Fifth Amendment rights at an upcoming hearing before the House Energy and Commerce Committee, the company said in a statement Tuesday.

The company cited the ongoing Department of Justice investigation and the advice of its counsel, saying the executives will be “unable to provide substantive answers” to lawmakers’ questions at Friday’s hearing. However, Solyndra said it followed the rules of the application process and that Department of Energy conducted extensive due diligence on the firm.”

Things that make you go “hmmmmmm”

Posted in News

Ok, Fair is Fair, Tax the Millionaires, but also the 45 percent of Americans that Pay no Tax

Sep18
2011
Leave a Comment Written by MacRanger

So Obama wants to propose a millionaire tax, named after mister pay no taxes Warren Buffet.

“WASHINGTON — President Obama on Monday will call for a new minimum tax rate for individuals making more than $1 million a year to ensure that they pay at least the same percentage of their earnings as middle-income taxpayers, according to administration officials.

With a special joint Congressional committee starting work to reach a bipartisan budget deal by late November, the proposal adds a new and populist feature to Mr. Obama’s effort to raise the political pressure on Republicans to agree to higher revenues from the wealthy in return for Democrats’ support of future cuts from Medicare and Medicaid.

Mr. Obama, in a bit of political salesmanship, will call his proposal the “Buffett Rule,” in a reference to Warren E. Buffett, the billionaire investor who has complained repeatedly that the richest Americans generally pay a smaller share of their income in federal taxes than do middle-income workers, because investment gains are taxed at a lower rate than wages.

Of course we know that Buffet pays next to nothing in taxes so even Buffet doesn’t do what he proposes to do. But if it’s true that everyone pay his or her fair share, then let’s end the loopholes and exclusions that allow 45 million Americans to pay essentially no taxes at all.

According to my math, getting taxes for those 45 percent of Americans would do more to pack the coffers than taxing those who make over 1 million a year. So if Obama is really serious we need to erase the exclusions that allow these free loaders to feast off the success of others. A point the NY Times hints have.

“The millionaires’ rate would affect only 0.3 percent of taxpayers, they said. That would be fewer than 450,000; 144 million returns were filed for 2010.”

Back during one of the Democratic debates Charles Gibson asked about taxing the rich on capital gains even though it failed to raise revenue in the past. Obama’s convoluted answer?

Posted in News - Tagged taxes

Barack Obama - The Worst President Ever?

Sep18
2011
1 Comment Written by MacRanger

Well that’s up for history and debate. But one thing is for sure. He’s a bust and the media needs to own up to their responsibility for the disaster known as Obama.

“As the bad economic news continues to emanate from the United States — with a double-dip recession now all but certain — a reckoning is overdue. American journalism will have to look back at the period starting with Barrack Obama’s rise, his assumption of the presidency and his conduct in it to the present, and ask itself how it came to cast aside so many of its vital functions. In the main, the establishment American media abandoned its critical faculties during the Obama campaign — and it hasn’t reclaimed them since.

Much of the Obama coverage was orchestrated sychophancy. They glided past his pretensions — when did a presidential candidate before “address the world” from the Brandenberg Gate in Berlin? They ignored his arrogance — “You’re likeable enough, Hillary.” And they averted their eyes from his every gaffe — such as the admission that he didn’t speak “Austrian.”

The media walked right past the decades-long association of Obama with the weird and racist pastor Jermiah Wright. In the midst of the brief stormlet over the issue, one CNN host — inexplicably — decided that CNN was going to be a “Wright-free zone.” He could have hung out a sign: “No bad news about Obama here.”

The media trashed Hillary. They burned Republicans. They ransacked Sarah Palin and her family. But Obama, the cool, the detached, the oracular Obama — he strolled to the presidency.

Palin, in particular, stands out as Obama’s opposite in the media’s eyes. As much as they genuflected to the one, they felt the need to turn rotweiler toward the other. If Obama was sacred , classy, intellectual and cosmopolitan, why then Palin must be malevolent, trashy, dumb and pure backwoods-ignorant.”

We know the story. Those of us who were blogging in during the 2008 election know this . You’ll remember that I warned about his plan to disarm America. He did to a point with the Russians, although to be fair he did keep up the pressure in the war on terror including the no-brainer to pop Bin Laden.

But our media slobbering over Obama’s every move from the time he rose from the primordial ooze of Chicago and throughout his Presidency is a sight to see. Even now when his approval ratings are effectually in the 30s and disapproval numbers higher than any president of recent history they continue to excuse and coddle him.

For intents and purposes Obama is a one term fluke. An accidental president who caused havoc on the economy, bankrupting America for years to come, and the media is his willing co-hort.

Posted in News
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