Obama and DNC can't Get Their Story Straight The First Obama fundraiser after Romney announced Ryan as VP pick, was announced by the DNC as a complete sell out. The reality is that at even a relative cheap price of $51 per head, the room was half full. The propaganda coming out of the Obama's campaign and indeed his administration looks like what the old Soviet Union used to release to make it seem to the world and to their people that things were under control and everything was just hunky-dorry. Nothing could be further from the truth and the Democrats are running scared of losing power this November 2012.
Romney and Ryan event had 10,000+ people attending a rally in Ryan's home county in Wisconsin. The 2012 Republican ticket is already defining their economic and budgetary plan in an effort to get out in front of Obama and the DNC's lies about this plan. Obama himself and his minions have already called Ryan a "right wing ideologue" who would throw seniors to the wolves over social security and medicare, even though Romney and Ryan have repeatedly said that social security and medicare reform WILL NOT effect anyone currently 55 years or older.
Pitchfork-wielding Virginia farmers rallied to support a woman who has been threatened by $5,000 in fines for not getting a "children's birthday party permit" from her local county government. Are you frigging kidding me? Is this the Big Brother act that we have now known to come and expect?
Obama Falsifications are almost daily now that Obama is in high gear on campaign mode. One of the major falsifications concerns General Motors. Obama touts GM as one of his many accomplishments (boy, sure hate to see what he counts as failure!) saying that the GM recovery went so well, it was the #1 car manufacturer for a six month period (surpassing Toyota). What Obama is not mentioning is that the six month period he is talking about was the six months following the Tsunami in Japan which destroyed Japan's Toyota plants, that took the Japanese six months to rebuild and again claim the lead as the #1 car manufacturer. Another thing that Obama doesn't tell you is that 7 out of 10 GM cars are made in China!
And then There was Biden,....thank God for the humor in it all. Vice President Biden speaking Tuesday morning in Virginia to a largely black crowd, say's "“They’ve said it. Every Republican’s voted for it. Look at what they value and look at their budget and what they’re proposing,” an animated Biden said. “Romney wants to let the — he said in the first 100 days, he’s going to let the big banks once again write their own rules – unchain Wall Street. They’re going to put y’all back in chains. He’s said he’s going to do nothing about stopping the practice of outsourcing.” Of course, Biden is lying, the proof is that his lips are moving. This is coming from a Democrat who has failed to even produce a budget in over 1,200 days as well as from an Administration who has out sourced what American wealth is left to China. Of course Romney did not say he would "let the banks write their own rules" - this is another Democrat lie. Then he tells the crowd, again which the majority is black, that they are going back into chains under a Romney administration - Biden, you are pathetic.
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Wednesday, August 15, 2012
Sunday, August 12, 2012
One Look at the Ryan Budget Plan
With Romney announcing his pick of Rep Paul Ryan to be his VP choice, previous Obama, Biden, Pelosi, and bucked tooth Wasserman-Schultz attacks on Ryan's budget plan are re-surfacing. Seems kind of hypocritical that the Democrats, who have no plan of their own besides borrowing more money and instituting higher taxation, are banging on Ryan's plan.
And make no doubt about it, the Democrats will make Ryan's plan and therefore Romney's fiscal platform out to be a death sentance on the elderly. Obama has no choice to demonize Romney and Ryan, since he has no plan of his own and is running scared,....Obama cannot run on his own record which history will show as the worst administration in history.
The below is Yahoo!'s lay out of the five key points from Ryan's "Pathway to Prosperity" budget.
1. Ryan's budget plan cuts $5.8 trillion over 10 years from projected federal spending and reduces the deficit by $4.4 trillion over the same period. Discretionary spending, which includes programs like food stamps, would see more than $900 trillion in reductions. The budget also calls for the repeal of President Obama's health care reform law, which supporters say would save billions in federal subsidies that will be given to lower-income people to buy insurance.
2. The most contentious part of Ryan's proposed budget are the changes to Medicare, the nation's insurance plan for retirees and a political third rail. Ryan's plan would eventually transform Medicare into defined payments that seniors can use to buy private insurance or a government plan on an insurance exchange.
There would be no limits to the out-of-pocket costs seniors could pay in this program, but Ryan assumes that the increased competition between Medicare and private plans would bring down overall costs. The amount of money seniors get to buy insurance would grow at a slightly higher rate than GDP each year. (The Congressional Budget Office says this would save the government money, but also significantly increase the amount seniors will eventually have to pay for their own insurance.)
The eligibility age would gradually rise to 67, from 65. Democrats say this transforms Medicare into a "voucher program" that may leave seniors with big prescription bills and other medical costs, and the Obama campaign is already using this against Romney and Ryan. If Obama can convince seniors--a powerful voting bloc that turns out at the polls--that Ryan would worsen or weaken Medicare, it could mean bad news for their campaign.
Cowboy's comment: Don't forget about Obama taking $500 billion from Medicare to pay for Obamacare, even though he granted waivers to all his Union friends."
3. Ryan would cut the top federal income tax rate for individuals and corporations to 25 percent from 35 percent. The budget says some tax breaks and loopholes would be eliminated to help offset the revenue loss.
Cowboy's comment: This puts more money back into the pockets of those who earned it, and less for those who would steal it - read the Federal Government. This additional money provides working capital so businesses can expand, creating more jobs and therefore more people wth health care insurance and more revenue for the Federal government.
4. Ryan would slash Medicaid, the insurance program for some low-income people, by $735 billion over ten years, and hand the program back to the states to administer with more freedom. The CBO writes that states would most likely have to "reduce payments to providers, curtail eligibility for Medicaid, provide less extensive coverage to beneficiaries, or pay more themselves than would be the case under current law." 5. The budget spares Social Security and defense spending, which are left at current levels.
Ryan's decision to back off Social Security is interesting, since he put forward proposals to privatize the program around the same time that President George W. Bush tried to sell the nation on a similar proposal. (Social Security does not face the same solvency challenges as Medicare and Medicaid, and is not projected to grow much as a percentage of GDP over the next 20 years.)
Cowboy's comment: What is missing from Yahoo!'s commentary on the Ryan budget plan is the consequences from failure to act. Obama has driven this country to unprecedented amounts of Federal debt and annual deficit. We are approaching $1 trillion in deficit spending this year and have over $16 Trillion in debt,.....over $5 trillion from Obama's administration alone! There is no mistake about it,....failure to act,... and act boldy will collapse this country.
And make no doubt about it, the Democrats will make Ryan's plan and therefore Romney's fiscal platform out to be a death sentance on the elderly. Obama has no choice to demonize Romney and Ryan, since he has no plan of his own and is running scared,....Obama cannot run on his own record which history will show as the worst administration in history.
The below is Yahoo!'s lay out of the five key points from Ryan's "Pathway to Prosperity" budget.
1. Ryan's budget plan cuts $5.8 trillion over 10 years from projected federal spending and reduces the deficit by $4.4 trillion over the same period. Discretionary spending, which includes programs like food stamps, would see more than $900 trillion in reductions. The budget also calls for the repeal of President Obama's health care reform law, which supporters say would save billions in federal subsidies that will be given to lower-income people to buy insurance.
2. The most contentious part of Ryan's proposed budget are the changes to Medicare, the nation's insurance plan for retirees and a political third rail. Ryan's plan would eventually transform Medicare into defined payments that seniors can use to buy private insurance or a government plan on an insurance exchange.
There would be no limits to the out-of-pocket costs seniors could pay in this program, but Ryan assumes that the increased competition between Medicare and private plans would bring down overall costs. The amount of money seniors get to buy insurance would grow at a slightly higher rate than GDP each year. (The Congressional Budget Office says this would save the government money, but also significantly increase the amount seniors will eventually have to pay for their own insurance.)
The eligibility age would gradually rise to 67, from 65. Democrats say this transforms Medicare into a "voucher program" that may leave seniors with big prescription bills and other medical costs, and the Obama campaign is already using this against Romney and Ryan. If Obama can convince seniors--a powerful voting bloc that turns out at the polls--that Ryan would worsen or weaken Medicare, it could mean bad news for their campaign.
Cowboy's comment: Don't forget about Obama taking $500 billion from Medicare to pay for Obamacare, even though he granted waivers to all his Union friends."
3. Ryan would cut the top federal income tax rate for individuals and corporations to 25 percent from 35 percent. The budget says some tax breaks and loopholes would be eliminated to help offset the revenue loss.
Cowboy's comment: This puts more money back into the pockets of those who earned it, and less for those who would steal it - read the Federal Government. This additional money provides working capital so businesses can expand, creating more jobs and therefore more people wth health care insurance and more revenue for the Federal government.
4. Ryan would slash Medicaid, the insurance program for some low-income people, by $735 billion over ten years, and hand the program back to the states to administer with more freedom. The CBO writes that states would most likely have to "reduce payments to providers, curtail eligibility for Medicaid, provide less extensive coverage to beneficiaries, or pay more themselves than would be the case under current law." 5. The budget spares Social Security and defense spending, which are left at current levels.
Ryan's decision to back off Social Security is interesting, since he put forward proposals to privatize the program around the same time that President George W. Bush tried to sell the nation on a similar proposal. (Social Security does not face the same solvency challenges as Medicare and Medicaid, and is not projected to grow much as a percentage of GDP over the next 20 years.)
Cowboy's comment: What is missing from Yahoo!'s commentary on the Ryan budget plan is the consequences from failure to act. Obama has driven this country to unprecedented amounts of Federal debt and annual deficit. We are approaching $1 trillion in deficit spending this year and have over $16 Trillion in debt,.....over $5 trillion from Obama's administration alone! There is no mistake about it,....failure to act,... and act boldy will collapse this country.
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