Posted on 08/23/2013 12:01:06 PM PDT by whitedog57
President Obama recently spoke at a Binghamton University Presidential Town Hall meeting.
“We don’t have an urgent deficit crisis. The only crisis we have is one that’s manufactured in Washington, and it’s ideological. And the basic notion is, is that we shouldn’t be helping people get health care and we shouldn’t be helping kids who can’t help themselves and whose parents are underresourced, we shouldn’t be helping them get a leg up. And so some of the Headstart, even deeper cuts in education support, even deeper cuts in basic science and research. And, you know, that’s like eating your corn seed. You know, it’s like, ah, being penny wise and pound foolish.”
I think he meant to say “seed corn.”
seedcorn
Of course, President Obama doesn’t want to cut programs like Headstart … or anything else for that matter. He is hopping mad about the mandatory budget cuts from sequestration (although Treasury Secretary Jacob Lew suggested it in the first place). Even though sequestration is the drop in the proverbial bucket.
aafseq
My favorite line in his speech was “You know, it’s like, ah, being penny wise and pound foolish.”
The USA has $70 trillion in off balance sheet liabilities for Social Security, Medicare and other entitlements, but he is saying penny wise? How about $70 trillion foolish? Especially since we can’t afford to make good on these promises.
He mentioned that there is no need to worry since deficits are reducing.
def
But we still have trillions in Fed banks reserves and collapsing M1 Money Velocity.
fedresbalm1multi
And M2 Money Velocity and Labor Force Participation are crashing in almost perfect lockstop.
m2vellfp
And don’t forget that 75% of the jobs created this year have been part-time jobs, not full-time jobs.
Mr. President, how about a REAL discussion of deficits, debts, employment and entitlements? And please don’t use folksy references.
He is such an clueless and stupid ignorant moron I cannot stand it.
The Magical Thinker-in-chief strikes again.
He just lies and says whatever he needs to at any given time to get what he wants.
The press covers for him and the people who vote for him could care less as long as there is Obama Cash in his Obama Stash
That's a new one. Must be code for pay up whitey. White privilege indeed.
I’m coming around to thinking this moron really believes economic growth comes from government deficit spending and not the private sector. God help us.
Wow, what an idiot. Yes, we already knew that, but still… that's the dumbest thing I've heard in a while.
For the “political farm” of Washington... WE are the crop,from which they derive their next load of BS programs for which we are harvested.
So for that mindset of lying bastards, NOT spending our money as a “harvest” is a THREAT to the politician.
This is a very very telling phrase of what this ass thinks of the electorate, and taxpayers.
what an absolute idiot and preeck we have for prez..
Obama would be perfectly happy if he forced everyone to metaphorically eat their seed corn by taxing them into poverty and forcing them to live off a government pittance.
Somebody must have told Obama all the people in Binghamton are farmers.
He would rather burn it in the engines of cars that don't need it and let the little people starve, there's to many of them anyway.
Well, SOMEBODY sure is eating the “corn seed”.
Mr. Malaprop and Inept strikes again. What the Current Occupant of the White Hut thinks he says, and what he says, is like the difference between lightning and a lightning bug.
Can anyone say “gaffe”? Because the endless verbal fumbles and irrelevancies the Current Occupant of the White comes up with vastly overshadow anything that could be attributed to George W. Bush, who at least had some grasp of how things were supposed to work.
Putting resources into “education” for jobs that do not exist, making entitlements without consideration of the other consequences of such demands and consciously throttling back the engine that provides the energy and cash to support all these grandiose plans is the real “eating of the corn seed”.
Obama and Holder are publicly speaking about their ‘plan of the week’ that are just more smokescreen distractions to divert attention away from the incompetent manner Obama has handled his day job.
The best indicator of a PHONY ADMINISTRATION is the number of its REAL SCANDALS.
Commie Tyrant Obama’s current talking points are thus smokescreen distractions for the products of Obama’s first 4 years in office:
* Refusal to close US Southern Border to Mexican illegal alien invaders
* No known un-forged records of Place of Birth
* No known un-forged records of University grades
* Benghazi Massacre
* Dereliction of Duty as CIC during Benghazi Massacre
* Cover up of Benghazi Massacre
* Destruction of Seal Team Six
* Cover up of Fast and Furious murder of US Border Agent by Exec. Order
* IRS-Obama’care” Commune Death Grip on Wealth and Health
* NSA-Gestapo Death Grip on all citizen’s communications
* Use of Courts against News Media
* Use of Supreme Court to install Un-Constitutional Obama’care’ Tax
* Destruction of the US Coal Industry
* Refusal to permit XL Pipeline construction
* Trillion Dollar a year Federal Overspending
* Monthly violations of the US Constitution by Obama
* Use of Exec. Orders to bypass Congress.
REPLACE sniveling coward Speaker Boehner with a FIGHTER!
It is time to IMPEACH Tyrant B. Hussein Obama, aka Barry Soetoro.
_______________________
Tyrant B. Hussein Obama, (aka Barry Soetoro), continues his unopposed efforts to expand Totalitarian Obamanation in Liberty-based America.
Where are the Republican opponents of Tyrant Obama?
Why have the Articles of Impeachment for Tyrant Obama not been issued by US House Speaker Boehner, or Pro-Welfare Republicans Cantor or Ryan?
Have House and Senate Pro-Welfare Republicans formed a cave-in pact with Pro-Welfare Democrats to protect Tyrant Obama?
The main thing that Speaker Boehner is afraid of is being blamed for doing his job.
Speaker Boehner’s job now is to shut down the NON-ESSENTIAL parts of the US Federal Government until Obama’care’ is ABOLISHED, however long that takes.
This damned bastard is evil.
When our Constitution is clarified and updated, there are a few new absolute and clear provisions (shall!) to address issues which, in the latter part of the 18th Century were literally beyond the comprehension of the Founding Fathers :
This thread illustrates perfectly, the most pressing and serious problem :
How to address the clear demonstration that a candidate for president or vice president, or any elected official in the order of succession for president, is clinically insane.
The subject statement of this thread is a perfect illustration of the problem, where an assertion is made that is the exact opposite of what a normal sane human being would deem as reality.
Unbridled spending, with no judgment or sense of prudence for the future would exactly fit the analogy of "..like eating your corn seed."
That a president would have the b***s to attempt such a blatant contradiction is intolerable.
I have no problem with any president choosing progressive, socialist, literally insane persons as his political closest advisors, so long as their stupidity and non-sensical demands can't filter down to the main seat of governmental power.
I ran across this little gem recently...
"Used by six presidents, the [Executive Department] clearance objectives were designed to protect national security, the president, taxpayers, and the White House by ensuring that no staffer had done anything that could embarrass the president or hurt the country. Blackmail, addiction to drugs, criminal wrongdoing, harboring a hidden allegiance to an enemy group, a hostile nation, or an unpatriotic action meant no clearance and no job. Under the Clinton administration a new criteria was added to the security clearance: determining party loyalty. Previously, it had never mattered because careerists serve the institution of the presidency ."
(The Whistleblower, How the Clinton White House Stayed in Power to Reemerge in the Obama White House and on the Word Stage, Marinka Peschmann, 2011.
Chapter 4, Honor and Privilege, pp 28-31 are particularly fascinating.)
It totally explains the Department of Justice, and its total disdain for the rule of law, among other things.
IMO, a minimum of 50% of the republicans in both houses are being blackmailed by Obama. Since Hillary swiped the 900 (republican) FBI files, the Dems have been using security agencies to gather damning info on republicans. This is why our calls for action to the republicans go nowhere. They are crapping in their pants about what Obama will reveal about them.
And this is why the battle to save the Republic cannot be won in the halls of congress. There - is - no - opposition - party. Justice Roberts is owned by them, Boner is owned by them. Who doesn’t believe Lindsay Graham has a closet full (yes, I meant it that way) of stuff the NSA knows about?
What fools American voters have been.
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