Showing posts with label budget. Show all posts
Showing posts with label budget. Show all posts

Tuesday, May 07, 2013

ONE SIXTH OF THE FEDERAL BUDGET GOES TO WELFARE PROGRAMS


"The bleak Obama economy, however, is only factor driving welfare's growth, says Frezza. Corporate cronyism that profits from poverty programs has helped fuel a welfare industry that uses taxpayer dollars to generate corporate profits in ways that grow government:
Today, agricultural interests are still among the biggest advocates for these programs, but other industries are learning that they too can make a buck by promoting America’s war on poverty…
Details are hard to come by as they are not broken out in earnings reports, but a 2012 study from the Government Accountability Institute “Profits From Poverty” indicates that since 2004, 18 of the 24 states that contract with J.P. Morgan to provide welfare benefits have paid over half a billion dollars in fees. That may not sound like much relative to the size of some of these firms, but it provides a nice steady income for an industry happy to shower members of the House and Senate Agricultural Committees with annual campaign donations now exceeding $300,000 per year." -MORE HERE



Monday, March 11, 2013

ONE MAN GETTING IT DONE WHERE THE FEDERAL GOVERNMENT DOESN'T

While Obama and the Democrats are trying to use the sequester to make sure it hurts the American people and disrupts the Federal Government as much as possible. Tom Tryniski  in upstate New York has been beating the Federal Government in providing a service and has not been using a single United States taxpayer dollar to do it:

Monday, October 18, 2010

Just in time for Halloween:THE FISCAL HOUSE OF HORRORS

Looks like my sailing days will be coming to an end for the season soon. So it's back to land for the next few months but, little did I know what horrors would await me once back on terra firma. Nick Gillespie explains it all in horrific detail and just in time for the upcoming election. Watch it if you dare and if you care about the country:

Tuesday, February 02, 2010

OBAMA EXPLAINS HIS PLANS FOR THE BUDGET

The President’s $3.8 trillion budget will move deficit levels to an all-time high. So how will Obama bring this record deficit down? Maybe this video is the answer:

Tuesday, January 26, 2010

OBAMA'S SPENDING FREEZE SCAM

So the Obama Administration is announcing a spending freeze. What a scam this is. It seems the Obama Administration and the Democrats are hoping people will not remember what they did last month when the raised the budgets of a number of Federal Government departments by 10%! I guess they are hoping that we voters were not paying attention in December because of the upcoming Christmas holiday. Here are is the money quote from December 2009:
It happened quietly at the White House this week - almost like they didn't want us to notice:
President Obama signed a $1.1 trillion spending bill which increases budgets in many federal agencies by about 10-percent.
The bill includes almost $450 billion for the operating budgets of different departments. Among those seeing increases: The FBI, the Veterans Health Administration and the National Institutes of Health.

Democrats say this spending is critical in order to help the economy out of the recession. But Republicans are slamming what they call out-of-control
spending - and criticizing about $4 billion going to more than 5,000 earmarks requested by individual lawmakers.

Doesn't exactly sound like the change President Obama promised, does it
?


The budget freeze announcement sounds like the stores that raise prices the month before so they can claim that they are having a sale when they bring them back down the following month. It really is just a scam!

Friday, April 03, 2009

DEMOCRATS PASS OBAMA'S $3.5 TRILLION BUDGET

"Congressional Democrats overwhelmingly embraced President Obama's ambitious and expensive agenda for the nation yesterday, endorsing a $3.5 trillion spending plan that sets the stage for the president to pursue his most far-reaching priorities."- Washington Post


I thought the Republicans spent too much when they were in power. I guess I forget how much worse things could be when the Democrats are in charge.




BREAKING NEWS!: My girlfriend got some extra money in her paycheck from the last Democrats/Obama money spending scheme aka "The Stimulus Bill" I hope she does not spend the $17.00 all in one place!


ANYONE FOR A TEA PARTY?

Wednesday, March 11, 2009

Mo money Obama & the Audacity of B.S.

"I am signing an imperfect omnibus bill because it is necessary for the ongoing functions of government," -President Obama

What B.S.! President Obama did not have to sign this "imperfect bill" Omnibus spending bill that increases costs to us taxpayers by 8% over last year budget. He could have vetoed it and Congress could have passed a continuing resolution to fund the government at the current rate. Not a bad idea since he has already spent over a trillion dollars in his first fifty days as President. Then he had the audacity to issue a signing statement something he criticised George Bush for doing. Here is the money quote from the AP:

"Two days after criticizing his predecessor for issuing guidelines on how to put legislation into
practice, President Barack Obama issued such a directive himself."


It's not change but, hypocrisy that Obama has bought to Washington.


Tuesday, January 16, 2007

Hey is this rug moving?

Hey middle class boomers get ready to land on your butts as talk in Washington moves to the deficit. The Washington Post has an article on the plans and they will be coming for your Social Security, here is the some of the money quotes:

"The government is living far beyond its means, he said, and if not for excess cash in the Social Security trust fund, it would be recording deficits on a magnitude not seen since the recession of the early 1990s. Take away the Social Security money, and the deficit would have been $434 billion last year, about 3.3 percent of GDP, which rose 6 percent in 2005, compared with 2004."

And then there is this red flag:

"I'm quite sure they want to get the word out about entitlements and educate the public. This could be a new way of putting Social Security and Medicare at the top of the agenda,"

You add this up with Democratic Senator Ted Kennedy and Republican John McCain's amnesty plan for the illegal immigrants to be able get Social Security benefits even if they used identity theft to get a Social Security card and you cab pretty much kiss your Social Security good bye.