Day: October 12, 2011

Set The Record Straight

After all the years of education in politics, history and economics…I feel that when I heard a batch of crap that I am duty bound to set the record straight…….

Well, last night the Repub candidates did there best to sell themselves as the savior of the GOP and they all want to be president….you might ask why?  NO ONE knows…….must be the ego trip and the superficiality high that comes with being elected…….we know it is not to save the country for none of them have any idea how to do that….other than tax cuts and Obama sucks!

Time to set the record straight……after the debate it seems that Perry went to hang with some Frat Rats and while snoring coke and chuggin’ beers (not really but it sounds like a party)…he was bumping glad with the boys when he said….

the founding fathers fought for state rights during the American Revolution—in the 16th century,

Maybe he should have paid closer attention while at Texas A&M……there were no states in the 1500’s, there was only one permanent settlement at that time St. Augustine, Florida and the American Revolution was fought in the 1700’s which for future reference was the 18th century……

Next was good old Newt Gingrich……during the debate when talking about the meltdown of Wall Street said….

“If you want to put people in jail…” he continued, “you have to start with Barney Frank and Chris Dodd. Let’s look at the politicians who created the environment, and politicians who profited from the environment, and the politicians who put this country in trouble.”

So he wants the people, especially the politicians, that caused the Wall Street meltdown arrested and tried…..is that about it?  If so, then let us set the record straight……

It began with the Depository Institutions deregulation and Monetary Act of 1980, then the Garn-St, Germain Depository Institutions Act of 1982 and finally the Tax Reform Act of 1986 which deregulated the financial system a bit…..then he needs to start with Reagan and his cronies….and then came the repeal of Glass-Steagall in 1999 with Gramm-Leach….so you want politicians who assisted in the Wall Street bailout need to be arrested….now we come to Clinton and his batch of lackeys, those pro-business Dems that gave us the finally straw for the complete collapse of banking in the US….

So, I say go for it Newt…you have my support because more Repubs will be jailed than Dems and the Dems that would go to jail deserve that and a lot more for betraying the American people in favor of special interests.

This why our country is in such sad shape….our fearless leaders have NO grasp of history…..

2011 GOP Debate #5

The really big news of the day was that the GOP’s man crush Christie came out in support of Romney…….Perry is crapping and that should be the big story and then some minor detail is that the GOP is in New Hampshire for their 5th debate at Dartmouth…..

Okay, the guys and gal of the GOP met together for what is billed as the debate that will focus on economic issues………YAWN…….I say YAWN because of all the candidates Romney has a plan, a 159 page plan that makes NO sense other than ….wait for it….TAX CUTS and the candidate that is in second place (for now)…..Herman Cain has a 999 Plan, which obfuscates his stand with a simple sounding plan that is anything but simple or for that matter…..FAIR!

But as usual we Americans want to know who said what or did what…..maybe I can help fill the gaps for those that were smart enough to watch the Big Bang Theory and leave the boring shit to people like me…..

I prepared myself, notebook, pencil, Loritab and started looking for the debate on the tube……and I looked…..and looked…..okay I realize I live in the sticks of Mississippi and they have to pipe in our sunshine but where the Hell was the debate….NOT on any channel of my cable system

I know all my readers will miss my delightful repartee and brilliant analysis…..(HA HA HA)…..so I feel I still owe my readers my analysis….so I will let the website factcheck.org speak……..

At the latest debate, the Republican presidential candidates repeated several claims they’ve made before. The candidates participated in a roundtable-style discussion at Dartmouth College in New Hampshire, where they reiterated false and misleading lines about the federal health care law, the debt ceiling debate, job creation and more:

  • Former Massachusetts Gov. Mitt Romney repeated his talking point that the health care law in his state only affected 8 percent of the population — or just the uninsured — while the federal law “takes over health care for everyone.” But that’s wrong on several levels. Both laws affect everyone by requiring that all residents have insurance or pay a penalty; both also focus on helping the uninsured gain coverage. And, just like the federal plan, the Massachusetts law set up an exchange where individuals buying their own insurance can select from various private health plans. That affects more than just those who were uninsured when the law was passed.
  • Romney also made the misleading assertion that “raising taxes is one of the big problems, something we didn’t do in Massachusetts.” The state actually raised the cigarette tax by $1 per pack, but the tax was implemented by the current governor, Deval Patrick. Also, the original law instituted fines for residents who don’t have insurance and businesses that don’t provide coverage. Is such a “fine” a “tax”? Romney’s camp thought so of similar provisions in the federal law, when they sent us a list of “taxes” in that legislation.

Texas Gov. Rick Perry took his job-creation boasting too far again, claiming that “while this country was losing two-and-a-half million jobs, Texas was creating 1 million jobs.” That’s an apples-to-oranges comparison. Texas has created a little more than 1 million jobs during Perry’s time in office, but the nation lost 1.4 million in that same time frame — not 2.5 million. To make the national picture look even worse, Perry goes back to January 2009. The nation has lost 2.4 million jobs since then, but Texas created only 95,600 jobs in that time period.

  • Minnesota Rep. Michele Bachmann once again claimed that the resolution to the debt ceiling debate gave President Obama a “$2.4 trillion blank check.” But Obama can’t spend this any way he wants. The money is used to pay obligations Congress already has authorized or will authorize. And besides, a check for a set amount is not a “blank check.”
  • Bachmann falsely claimed that a Medicare advisory panel created by the federal health care law “will make all the major health care decisions for over 300 million Americans.” Hers is a new twist on a false Republican talking point that the Independent Payment Advisory Board will ration health care for seniors. The board is specifically barred from rationing care on page 490 of the Patient Protection and Affordable Care Act. It’s true that the board will consist of 15 “political appointees,” as Bachmann said, and they will recommend ways to slow the growth of Medicare. But board members must be medical providers and other professionals with experience in health care finance, actuarial science, health care management and other related fields. And the board’s recommendations can be rejected by Congress, as we have explained before.
  • Former Utah Gov. Jon Huntsman dredged up an old partisan exaggeration in claiming that the IRS was planning on hiring “19,500 new employees to administer that mandate” in the health care law. We knocked down this inflated claim in March 2010, when it was about 16,500 IRS employees. The truth is that the claim comes from a report by Republicans on the House Ways and Means Committee who made several false assumptions to come up with that number. Plus, the IRS’ primary role isn’t to “administer that mandate,” as Huntsman claims. It will mainly administer subsidies and tax credits. And so far, the IRS has requested 1,269 full-time equivalent employees, according to its fiscal year 2012 budget request, to help implement the law.
  • Huntsman also repeated his claim that when he was governor, Utah was No. 1 in job creation, while Massachusetts ranked 47th under Romney. Huntsman’s statistic is true according to data based on household surveys by the Bureau of Labor Statistics. But according to the most commonly used yardstick for job growth, payroll data, Utah was actually No. 4. How common is the payroll data method? Huntsman cites a report that used the payroll data numbers to arrive at Massachusetts’ No. 47 ranking under Romney.
  • Bachmann reiterated a common Republican exaggeration, claiming that the deficit is larger than it really is. She said: “We are spending 40 percent more than what we take in.” That’s not true. The actual figure is 37 percent, according to the most recent monthly statement of the U.S. Treasury, covering the first 11 months of the fiscal year that just ended. (Final figures won’t be available for a few more days.) For the first 11 months, outlays were $3,296,399,000,000 and the deficit was $1,234,052,000,000 (rounded to the nearest million). So we spent 37.4 percent more than receipts. Furthermore, the deficit for the previous fiscal year was also 37.4 percent more than we took in.Bachmann also said the deficit for the year was $1.5 trillion, which is untrue. In fact, the nonpartisan Congressional Budget Office (based on daily Treasury statements) that the deficit for fiscal 2011 was $1.294 trillion, just $3 billion less than the year before. The final, official Treasury figures may change those figures by a few billion, but not nearly enough to justify Bachmann’s inflated claims.

– Lori Robertson, Brooks Jackson, Eugene Kiely and Robert Farley