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How We Pay for Obama Failures
Townhall.com ^ | July 25, 2011 | John Ransom

Posted on 07/25/2011 4:56:20 AM PDT by Kaslin

Things are going great in Washington DC.

Here’s a few fun facts that taxpayers, voters and homeowners need to know while they think about the budget and debt ceiling debate:

Median sales prices of homes are going up in the DC metro area. Year over year prices are up 7.3 percent for June. Pending sales jumped nearly 30 percent in June as well. Inventories are down and prices are up. “Buyers and sellers signed 5,124 contracts in June, the most for that month in six years,” says the June 2011 RBI Pending Home Sales Index.

Meanwhile, in the rest of the country, people are buying homes at the slowest rate in 14 years. Do yourself a favor and check out www.zillow.com and look up what home prices are doing in your neighborhood. The rest of us will wait.

By the end of the fiscal year, the federal government will have spent close to $11 trillion under President Obama. That’s more than the entire GDP of the country for 2001. And by any measure, even Obama’s friends have called his economic program a failure.

If you’re not outraged by the fact that all that $11 trillion has bought us is a payday for the Beltway, then you probably live too close to the Beltway.

The debate that we are having now is whether to cut federal spending with or without tax increases in order to keep some of the spending intact

Any right thinking person, who wants the rest of the country to share in the type of prosperity they’re having in Washington, DC is going to opt for budget cuts without tax increases.

Crafting the solution to the debt ceiling and budget impasse is about as clear-cut a debate that the American people can have about where our government should go from here.

Should we, as a people, continue to spend money, directed by Washington bureaucrats, in the hope that they’ve cracked the code to economic prosperity? I mean prosperity for all of us, not just Washington and Wall Street.

Or should we, as we have in the past, tell Washington to go sit in the corner and think about what they’ve done, while the rest of us go about rebuilding what still can be the most dynamic economy in the world?

At the heart of the issue is freedom for us here at home, and for the rest of the world.

The American economy is not the most robust, largest, most innovative economy because we’re a big country. It’s not the investment banker to the world because we have abundant natural resources. The economy thrives because all of us are given the freedom to become what we want by the virtue of our own merit.

That’s the best head start that anyone can give a people. And believe it or not that’s the currency that gives us the most credibility in the world too. And it’s also what’s in the gravest danger from Obama.

Obama wants to pick and choose the winners in the US economy. And judging by prosperity on Wall Street and Washington, he’s succeeded.

So I say its way past time for finger pointing, fiery rhetoric and blame. If the GOP has a fault in this it’s that they’ve failed to adequately stress how we got to the impasse in the first place. Please GOP: more fingerpointing, fiery rhetoric and blame.

For a handful of years and more Democrats have had things pretty much how they like them: Americans are angry and distrustful; we have nothing like an actual federal budget to work from; we’re spending money profligately until we’ve found that we’re out of money almost entirely. We have unions acting ugly and thuggly on TV almost nightly. We have a brand new war of choice to pay for too in Libya. Prices are up. Confidence is down.

So now, into this crisis steps BHO, activated by the confidence that only true ignorance can bring, to demand that we raise taxes just to protect the Washington bureaucracy that got us into the mess in the first place.

Well I’m tired of the “shared sacrifice” that bankrupts the rest of the country while it enriches the Obama administration, the Democrats in both houses of Congress, unions, the NLRB, the EPA, the Federal Reserve, Barney Frank, Harry Reid, Bill Gross, Warren Buffet, George Soros, environmentalists, the GLBT lobby, the Department of Energy, the Department of Education, Fannie and Freddie, the AARP and most of Cook County, Illlinois.

It’s time for Obama to eat his own peas.

It’s well past time.

He's the guy that cooked them.


TOPICS: Business/Economy; Culture/Society; Editorial
KEYWORDS:

1 posted on 07/25/2011 4:56:20 AM PDT by Kaslin
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To: Kaslin

Most of my annoying liberal relatives are from NorthVa/DC area. We have a family reunion every year and they go on and on about how well their home is going up etc. When I explain to them how the rest of the country is and why they couldn’t care less.


2 posted on 07/25/2011 5:03:31 AM PDT by albie
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To: albie

That does not surprise me. Liberals, while pretending to care for the poor only care about themselves.


3 posted on 07/25/2011 5:09:46 AM PDT by Kaslin (Acronym for OBAMA: One Big Ass Mistake America)
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To: albie
Most of my annoying liberal relatives are from NorthVa/DC area. We have a family reunion every year and they go on and on about how well their home is going up etc. When I explain to them how the rest of the country is and why they couldn’t care less

That's part of being a liberal - pretend to care for other people, then as long as they have theirs, they really couldn't care less...

4 posted on 07/25/2011 5:15:02 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: Kaslin
...into this crisis steps BHO, activated by the confidence that only true ignorance can bring, to demand that we raise taxes just to protect the Washington bureaucracy that got us into the mess in the first place.

Barone will be removed from 0's Christmas card list, and his plea might get him an IRS audit or a visit from Acorn when he says, "...its way past time for finger pointing, fiery rhetoric and blame. If the GOP has a fault in this it’s that they’ve failed to adequately stress how we got to the impasse in the first place. Please GOP: more fingerpointing, fiery rhetoric and blame."

5 posted on 07/25/2011 5:20:32 AM PDT by Rudder (The Main Stream Media is Our Enemy---get used to it.)
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To: Kaslin; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; rabscuttle385; mkjessup; ...
RE :”Median sales prices of homes are going up in the DC metro area. Year over year prices are up 7.3 percent for June. Pending sales jumped nearly 30 percent in June as well. Inventories are down and prices are up. “Buyers and sellers signed 5,124 contracts in June, the most for that month in six years,” says the June 2011 RBI Pending Home Sales Index. Meanwhile, in the rest of the country, people are buying homes at the slowest rate in 14 years. Do yourself a favor and check out www.zillow.com and look up what home prices are doing in your neighborhood. The rest of us will wait. By the end of the fiscal year, the federal government will have spent close to $11 trillion under President Obama. That’s more than the entire GDP of the country for 2001. And by any measure, even Obama’s friends have called his economic program a failure. If you’re not outraged by the fact that all that $11 trillion has bought us is a payday for the Beltway, then you probably live too close to the Beltway.

This is also why Marylanders keep electing Democrats in Maryland even though their taxes keep on being raised , this includes sales and alcohol taxes on the middle class and poor (paying for college tuition aid for illegals) that still got Democrats re-elected. The gravy train keeps Maryland going and to Maryland voters the government is the great provider.

6 posted on 07/25/2011 5:21:20 AM PDT by sickoflibs (If you pay zero Federal income taxes, don't say you are paying your 'fair share')
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To: Kaslin

Buildings are being built all of the DC area. Nice, spanking brand new, huge buildings. Government buildings...


7 posted on 07/25/2011 5:26:39 AM PDT by isthisnickcool (Sharia? No thanks.)
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To: Kaslin
Michael Barone wrote that?!? He's no conservative.

Obama is on track to be the most divisive and hated president in American history. If the GOP nominates someone with a spine instead of another Rhino McLame, O will lose in a historic landslide.

8 posted on 07/25/2011 5:42:07 AM PDT by Campion ("Fallacies do not cease to be fallacies when they become fashions." -- GKC)
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To: Kaslin

DC is booming. That is where a lot of your and my tax monies end up. Drive down there and look around. You will be amazed.


9 posted on 07/25/2011 6:07:48 AM PDT by Citizen Tom Paine (An old sailor sends)
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To: Kaslin; albie

DC also has some of the worst traffic congestion in the country. When I’ve driven on I-66 during rush hour at 3 MPH heading toward Washington, I can’t help thinking that all of my fellow drivers are pigs heading to the great big Federal trough. There’s never a recession in DC/Northern VA.


10 posted on 07/25/2011 6:44:04 AM PDT by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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To: Campion

” If the GOP nominates someone with a spine instead of another Rhino McLame, O will lose in a historic landslide. “

Mighty big I F


11 posted on 07/25/2011 6:47:12 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: sickoflibs; DoughtyOne; mkjessup; NFHale; indylindy; calcowgirl; All

My grandparents were perfect examples of D.C. mooches ;-)

Grandpa : Head of the VA in D.C. for 5 administrations

Grandma : Superintendant of Montgomery County School system.

Both liberals to the core....

Both retired in 1975 on almost 100,000 per year combined.

Sigh.........


12 posted on 07/25/2011 6:57:04 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: Campion

Michael Barone did not write this. John Ransom did.


13 posted on 07/25/2011 7:56:45 AM PDT by kristinn (Lowering the IQ on FR since Jul 31, 1998)
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To: sickoflibs
RE: "This is also why Marylanders keep electing Democrats in Maryland even though their taxes keep on being raised....."
You surely do have your share of idiots. I left MD for work elsewhere back in 1979. Never regretted leaving.
14 posted on 07/25/2011 4:53:58 PM PDT by Marine_Uncle (Honor must be earned....Duncan Hunter Sr. for POTUS.)
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