Finance
70 Facts About Our Economy Obama Probably Doesn’t Want You To See
- Posted on August 5, 2012 at 9:27am by
Mike Opelka
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A stunning collection of 70 facts about the U.S. economy just posted on the web is probably not going to make it into the next campaign ad from the folks at Obama for America. However, you might want to read it.
TheBlaze has culled 10 from the list of 70 here:
- The price of gas – When Obama took office, a gallon of gas cost you $1.85. Today, it’s up to $3.59 per gallon (July’s rise was 17 cents a gallon).
- 71% of small business owners believe we’re still in a recession — Despite government claims that the recession actually ended years ago, a majority of small business owners feel very differently.
- You have to work 107 days each year just to pay Federal, State, & Local taxes – That means you don’t earn a penny until April 18th.
- More than 30% of unemployed Americans have been out of work for more than a year – In 2007, that number was 10%.
- Low income America – According to NBC News, virtually half of all Americans are considered to be “low income” or living in poverty.
- Propping up the economy by monetizing our massive debt — In 2008, the Federal Reserve bought “negligible” amounts of our debt, last year the Fed purchased 61% of the government debt issued by the Treasury Dept.
- Speaking of “no faith in the US Dollar” – The price of gold when Obama was inaugurated, $850 an ounce. Today, gold is over $1500.
- The disappearing family farm – In the mid-1930s, America had an estimated 6.8 million farms. Today, the EPA estimates that number to be right around two million (and getting squeezed more and more by constricting regulation).
- Another (bad) trade record set with China – In 2011, our trade deficit with China was almost $300 billion dollars. That is the single highest deficit that one country has had with another… ever.
- A stunning amount spent on stupid studies like Why do chimps throw their poop? – Almost $600,000 of your tax dollars was sent to the folks who studied chimpanzee poop tossing, plus $198,195 paid to find out if “tweeting” makes people happy… It’s all HERE.
The full list, complete with links to the supporting stories, can be found here.
h/t Brian Wilson (not the Beach Boy)
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Comments (260)
zoro51
Posted on August 5, 2012 at 10:42amthe MARXIST cares NOT for the usa only SOROS interests.. IMPEACH OBAMA NOW
Report Post »HOWaboutTHIS
Posted on August 5, 2012 at 11:17amZoro51 …I agree!!
Report Post »db321
Posted on August 5, 2012 at 11:53amZorro – I disagree
I don’t believe a President can be impeached in his first term. Instead, why don‘t we in 90 or so days go to the polls and send a message that will even blow Soros’s Wig off – Vote this Marxist, Racist, Anti-Semitic, Communist out of office.
Are you Registered at your present address to Vote – if not, then stop complaining.
Report Post »sWampy
Posted on August 5, 2012 at 12:24pmA president can be impeached at any time, he just has to commit a high crime, or a misdemeanor, you just have to have a congress willing to do it’s job and abhold their oath of office, apparently we don’t.
Report Post »welovetheUSA
Posted on August 5, 2012 at 12:35pmDitto!!!!!!!!!!!!! Vote the bums out…
Report Post »MIBUGNU2
Posted on August 5, 2012 at 12:38pm@db321
Posted on August 5, 2012 at 11:53am
Zorro –
VOTE, GET your neighbors to VOTE, and see that ALL your FRIENDS
Report Post »are aware of what this administration has done to the American way of
life……Mr. Holder, my Mother is 86 Years old, she has a VOTER ID CARD,
and a VALID PICTURE ID….There is NO REASON in the world, that any
AMERICAN in the UNITED STATES isn’t able to get the proper VOTER ID..
if they are LEGALY able to vote.. THIS SHOULD BE A NON-ISSUE…
SOOOOO !! Mr. Holder your plea for YOUR TROLLS to not have the proper
IDENIFACATION when going to the polls is TOTAL BULLSHI**……
dmerwin
Posted on August 5, 2012 at 12:45pmAs long as Reid is the Senate majority leader there will be NO action taken in any meaningful way against Obama or his appointees, aka Holder. DB is correct, get everyone you know to the polls to defeat ALL liberals, President, Senate and House.
Report Post »Shiroi Raion
Posted on August 5, 2012 at 12:50pmThere was a story on Fox. Someone had collected 3.3 million dollars in tax refunds. The IRS claimed, “There were no red flags.” If, to them, 2,137 tax refund checks being sent to a single address isn’t a red flag, I suppose the IRS doesn’t view any evidence as a red flag… Well, then again, they did send a bunch of armed agents to kick in some guy’s door for a 10 cent accounting error. IRS’s priorities are SERIOUSLY screwed up. They could have just sent a letter, but even a stamp is worth more than the 10 cents he owed. How much did it cost to send a bunch of agents to collect 10 cents? Waste, waste, and more waste.
Report Post »backoffmonkey
Posted on August 5, 2012 at 12:52pm…..A stunning amount spent on stupid studies like Why do chimps throw their poop? – Almost $600,000 of your tax dollars was sent to the folks who studied chimpanzee poop tossing,—-
Who, in the h ell, will we get to clean the White House after November? Is there a budget for that?
Report Post »CatB
Posted on August 5, 2012 at 1:03pmI agree .and. if GOD FORBID he gets re-elected (thanks all you Paul and Johnson and welfare voters not to mention illegals) he MUST be impeached and unlike Clinton removed from office .. that means we need EVERY Patriotic American we can get in CONGRESS … people with “a pair”.
VOTE PEOPLE like your country depends on it — because it does!
Report Post »handsmcml
Posted on August 5, 2012 at 2:27pmThe President can be impeached at any time. Look at Johnson, the president after Abe Lincoln. This one is guilty of not being eligible to hold the office. The trouble is that he needs to be convicted in the Senate before he would be forced out of office. The chances that will happen with a Democratic controlled Senate are nil. What we need is a definition of the term “Natural Born Citizen” since no one remembers the book Laws of Nations. One of the first things that needs to happen on January 21 is for congress to overturn every regulation and executive order signed by this president during the last four years!
Report Post »Bum thrower
Posted on August 5, 2012 at 2:33pmVOTE!!!! If you’re not registered ………..REGISTER!!! If your vote didn’t count, why are the ‘dems, socialists, statitsts, markists, communists, and the DOJ‘ trying to block all the state’s voter ID laws; becasue they know that they can‘t win if they dont’ cheat……….not everwhere; just in certain precincts…..massive turn out, and they can’t cheat enuf to win……………VOTE!! EVERY DEMOCRAT out of office…in 2012…continuew the charge…………ARE YOU….’ALL IN”??
Report Post »possom
Posted on August 5, 2012 at 3:07pmTar and feathers!!!!!!!!!!!!!!!!!
Report Post »turkey13
Posted on August 5, 2012 at 3:35pmWhen you get called to do a survey give Obama glowing results and tell them you will vote for him again. By doing this you make all surveys null and void! Myself, wife, 3 sons and 3 daughter in-laws all Democrats are doing this as requested by one of my sons. We’ve all been or know someone that has been affected by Obamas policys. This is why it was so close when Carter was running for reelection in all the poleing and the race was so close. After the vote came in Carter lost worse than anybody ever had in modern times.
Report Post »Look4DBigPicture
Posted on August 5, 2012 at 4:19pmAMEN! I just signed a petition to the US Investigative Unit today to do just that.
Report Post »glassbeadlady
Posted on August 5, 2012 at 5:05pmGallows on the mall for the whole bunch of them!
Report Post »txdave22
Posted on August 5, 2012 at 10:06pmHealth Care Law Saves $3.9 Billion on Drug Costs
Medicare recipients in doughnut hole have benefited
by: Barbranda Walls | from: AARP | July 27, 2012
The Affordable Care Act has been a boon to Medicare beneficiaries, saving them more than $3.9 billion on prescription drugs, according to the Centers for Medicare & Medicaid Services (CMS
——————————New data from CMS shows that more than 5.2 million older Americans and people with disabilities have benefited from the savings since the law went into effect March 23, 2010.—— More than 1 million people in the “doughnut hole” coverage gap have saved an average of $629 this year alone.
The health care law is helping seniors who are fighting to keep up with skyrocketing health care costs, says AARP Executive Vice President Nancy LeaMond.————————– “These real savings for older Americans struggling with the ever-rising costs of prescription drugs are evidence that the Affordable Care Act is already improving the lives of millions of Americans,” she says.
txdave22
Posted on August 5, 2012 at 10:11pmOver 100 million Americans own stocks, funds, 401k, annuities and pensions, and SINCE OBAMA CAME TO POWER, DJIA is up an historic 60% PLUS, an enormous creation of wealth for Americans and they will support and thank President Obama in Novemeber.
Under gw bush DJIA FELL FROM 11000 TO 8000, a huge depletion of assets for America and its corporations, only worse pub herbie hoover during great depression.
txdave22
Posted on August 5, 2012 at 10:27pmWe’ve heard no CARDINALS, ARCHBISHOPS, PASTORS AND LEADERS OF THE MORMON CHURCH CONDEMN————-WHOREMONGERING AND BREAKING OF THE LAW AND THE COMMANDMENTS???————————–Bill O’Reilly: ‘I Don’t Think Vitter Should Be There. Absolutely Not’
————-By Judd Legum on Jun 17, 2011 at 11:10 am
Yesterday, Anthony Weiner resigned a few days after admitting he sent lewd messages to women he made over the internet. ———————————-Weiner’s announcement came after pressure from Leader Nancy Pelosi, DNC Chair Debbie Wasserman-Schultz, and President Obama. Nevertheless, top Republicans criticized Democrats for “protecting” Weiner.
————————–1,432 days ago, Sen. David Vitter admitted to being a regular customer of a prostitution service. ——————–(An activity that is, incidentally, illegal).—————– Days after his admission he was welcomed back with open arms by the Republican party.
——————Thus far, the Republican leadership has not been pressed to explain the blatant hypocrisy of their divergent reactions to the two scandals. ———————-Last night, Fox News host Bill O’Reilly weighed in. His message was simple:———————————– “I don’t think Vitter should be there. Absolutely not.”
MCDAVE
Posted on August 5, 2012 at 11:47pmHere is something else he does not want you to see http://commieblaster.com/obamacrimes/index.html But everyone should visit this site.
Report Post »VoteBushIn12
Posted on August 6, 2012 at 12:42am@BACKOFFMONKEY
Spending money on research is money well spent.
I am more upset with the amount we spend on the Military.
That $300 Billion we owe China could be paid off in 5 months worth of the annual budget allotted to Defense.
689 Billion dollars.
Don’t yell about a 600,000 dollar research project when you’re willing to throw 1 MILLION times that amount at Military. That’s right, you could fund over 1 million “stupid poop throwing studies” a year for the Defense Budget.
Cut the military in HALF, then we can talk.
Report Post »jst1425
Posted on August 6, 2012 at 5:21amWhy ask those [Democrats/left wingnuts] to stop…?
Report Post »I think the republicans / conservatives should just let them all keep on talking!
Then they will become (by default) the republicans and conservatives best ally! I say just let them keep flapping their gums! Let them keep digging their own holes!
They are so busy making up issues that don’t exist (who said manufacturing is dead in America…LOL), they just don’t know when to shut up…it’s so funny if you stop and think about it.
Then all the republicans and conservatives need to do is shine light on the huge lack of credibility being spewed about by the Democrats and left wingnuts.
It should be very easy for even the “uninformed” American public to see the unbelievable lack of credibility the Democrats and left wingnuts are willing to demonstrate as their standard to live up to.
chalkdust
Posted on August 6, 2012 at 8:27am@TXDV
Report Post »We could have helped seniors with their prescriptions without a 2700 page bill. If we actually did help them. It hasn’t helped my parents and I have done their finances for several years now.
That doesn’t make the 2700 page bureaucratic wet dream a good bill.
And the Dow peaked at almost 14000 in 2007 and fell of course during the financial collapse in 2008. Hanging that around Bush’s neck is fine, even though he didn’t have much control over that. Markets are cyclical over long periods of time with not much impact by who is President. So claiming Obama is responsible for the somewhat lukewarm return of the Dow is just flat false. It is well known that the stock market is propped up by the Federal Reserve as evidenced by the disconnect between real market indicators and the market itself. It shouldn’t be as high as it is given current conditions, at least from a historical perspective.
As for the Senator involved in impropriety, I am not surprised. Your telling me a politician got a ******? No way! And if your feathers are ruffled by the double standard, welcome to the party. I don’t care. I don’t even know who the guy is.
Everything you wrote is a great reason to vote for Obama if you’re stupid or mentally ill. Keep telling yourself the koolaid laced with poison will make it all better.
ConservativeCorporatism
Posted on August 6, 2012 at 1:26pmLets be honest here, Republicans farmed out America for a Buck, blamed dems for helping, and then what was created by a republican recession is now a byproduct called marxism socialism, and what not. the Conservative Take Over is to deny more rights of the People by using pre emptive laws to stop the fed from protecting the people from a red state majority stronghold career big gop govt that appears on the surface as small governing, while sucking off the fed and the people and saving their own funds for more slush funding …. citizens united or corps united ruling is just that, to take over state by state. lets not fool ourselves with reverse psychology propaganda of the talking gop paid and bought for heads such as limbaugh and beck. getting rich to convince u Corporate enslavement will make u rich if u give to the rich to trickle down and create jobs and health care in a failed conservative aftermath of their policies that created the spending mess in the first place. go figure Republican Blame Gaming the People & President http://conservativecorporatism.blogspot.com/2012/08/republican-blame-gaming-people-president.html
Report Post »Republican Blame Gaming the People & President http://conservativecorporatism.blogspot.com/2012/08/republican-blame-gaming-people-president.html
DannyBoy13
Posted on August 6, 2012 at 4:25pmYou can’t impeach Obama because he is a Soros puppet.
Impeach him for the quid pro quo deals in trading tax payer money for campaign donations.
Report Post »Impeach him for conspiracy to commit the murder of a Border Patrol and an ICE agent.
Impeach him for laundering drug cartel money.
Impeach him for bypassing Congress on more than one issue…
mbck1491
Posted on August 6, 2012 at 7:45pmThen we get stuck with Biden. Where does that get us?
Report Post »Tracey1212
Posted on August 7, 2012 at 12:33amObama will: 1. Go after guns and gun rights in the most powerful way you can imagine. 2. He will attack free speech and the Internet because the left views free speech as a threat to their agenda. 3. He will make it even easier for illegals of any age to stay in America. 4. Attacks on Christianity will skyrocket.
Report Post »Carol in Indy
Posted on August 7, 2012 at 9:11amWe can only dream that would ever happen.
Report Post »could imagine the DOJ actually doing their jobs?
oneshiner
Posted on August 11, 2012 at 2:23pmIt’s the Economy, stupid, lets vote the Bums OUT. R&R 2012
Report Post »ObserverOnTheHill
Posted on August 5, 2012 at 10:31amA great book on how the communists have taken over our institutions – churches, schools, businesses, government, Military and now our court system is
– The Naked Truth: The Naked Communist – Revisited
by James C. Bowers
http://www.amazon.com/The-Naked-Truth-Communist-Revisited/dp/093616316X/ref=sr_1_1?ie=UTF8&qid=1339153878&sr=8-1
He discusses how W. Cleon Skousen ( author of the 5000 Year Leap ) was an FBI agent for 16 years and was concerned about the implementation of what he felt were the top 45 stated goals of the communists at that time. You will be shocked how successfully their plans have been completed. A MUST READ book for any freedom loving American. Please pass on to others when done reading – SPREAD THE WORD
Also – A MUST SEE – We were warned – watch the youtube video of Yuri Bezmenov, from the 80′s with G. Edward Griffin ( Jekyll Island author ). A Soviet KGB defector, he tells how it was his job to infiltrate these institutions and place communist supporters in positions of leadership and power. He was successful in doing so. Mind boggling stuff.
http://www.youtube.com/watch?v=y3qkf3bajd4
Report Post »forthepeople
Posted on August 5, 2012 at 11:01amIt is very interesting to hear him speak in the 80′s as if it was last year . I remember Yuri bragging how surprised the communists were at how quickly there plan was working .
Report Post »Look4DBigPicture
Posted on August 5, 2012 at 6:22pmThanks, Observer. Very informative – scary, but informative.
Report Post »KC1
Posted on August 5, 2012 at 8:05pmIs the assumption Obama and the Democrats are alone in being infiltrated? Considering Obama and Romney have the same fiscal policies I would draw the conclusion that the Republicans are as involved as Democrats in destroying this country from within.
Report Post »historyguy48
Posted on August 5, 2012 at 8:23pmYuri said two things that appear to be very true.
Report Post »1. it was a 30-40 year plan.
2. It cannot be stopped by using the ballot box. Only by using the “tried and true” soviet method.
We are very, very close to their checkmate.
Dushman Kush
Posted on August 5, 2012 at 8:33pmNONE DARE CALL IT TREASON and MASTERS OF DECEIT were warnings to Americans. Few of them read either expose. The World Council of Churches, the National Council of Churches, and the educational system turned the United States into a Communist country. Long Live the Soviet International!!! Long Live the Jewish Bolshevik Revolution!!! Comrade Obama 2012 or Comrade Mitt Romney 2012!!!!
Report Post »ktmrider1
Posted on August 5, 2012 at 10:28amI cant really understand why almost half of america still supports barrak hussein obama, is it because they are half wits?
Report Post »hatchetjob
Posted on August 5, 2012 at 10:38amYes, half wits and lazy teat sucking parasites.
Report Post »QuincySmith
Posted on August 5, 2012 at 10:46amYou obviously refer to LSM polls. These published polls over sample democRATS. The oblama campaign outspent the yet-to-be official republican challenger by a good percentage. Other polls show oblama as losing his ‘likability’. The LSM is not above lying and (for some unknown reason) support the looser-in-chief. Yet, the published polls show oblama and Romney even. Wait until after the republican convention and Romney begins outspending oblama. (Don‘t forget to subtract between 5 and 9 percentage points from oblama’s published polls).
Report Post »Stoic one
Posted on August 5, 2012 at 10:51amNO.. It is because if the “free stuff” from the guberment.
REALLY! I now have a job a a mini-mart store/gas station and an EBT card carrying female was so proud of herself, she paid for five bucks of pop with her card and collected $20 cash from her sister. she said it was her money. I kept my mouth shut ’cause I think I want to keep the paycheck
Report Post »Wool-Free Vision
Posted on August 5, 2012 at 3:23pmIf you don’t believe this country is 50% moron, just watch an episode or two of “Repo Games.”
The premise of the show is they serve a repo order on someone, but after they get the car/truck attached to the tow truck, they then go knock on the delinquent’s door and make them an offer that only a moron would refuse: “We are repoing your vehicle, but we’re giving you the chance to not only keep it today, but also to have us pay it off completely so you will keep it free and clear forever – all you have to do is answer 3 out of 5 trivia questions correctly.” So, you can play the game and maybe keep your car or they can just go ahead and repo it. Would you believe that some of these fools have to be TALKED INTO PLAYING???? It’s true. Many of them act like the most disgusting and vile creatures you have ever seen. Anyway, the depths of stupidity and moral bankruptcy are put on full display very often.
Yesterday, I saw a white 30-something woman who is a FOURTH GRADE TEACHER miss all three of the first three questions and lose her car, complete with cursing out the host and flipping off the cameras. Here are the 3 questions she, A TEACHER, failed to answer correctly:
1) In sports, what makes someone a “southpaw?”
2) What South American country has 2700 miles of coast, but is only 150 miles wide?
3) Which American president was killed in a duel and can be found on the 10 dollar bill?
Continuing this in next post….
Report Post »Wool-Free Vision
Posted on August 5, 2012 at 3:42pmQuestion 1, she almost got right but talked herself out of it. She said, “I think it means they are left-handed… no, wait… ummm… no, it means they can throw with either hand.” I don‘t fault her horribly for missing this one as teachers aren’t expected to know much about sports.
Question 2, she answered “Cuba.” Cuba?????? Since when is Cuba in South America?
Question 3, her answer: “Ummm… Was Madison a president? I’m gonna go with Madison.”
So anyway, this teacher and developer of young minds then proceeded to throw a tantrum, flipping off the cameras and cursing a blue streak.
Then there was this middle-aged black woman and her teenaged daughter (both of them unwed-mothers). This woman had three cars in her driveway and they had repo orders for TWO of them. A DOUBLE-REPO! So, first they were all attitude and spite, but the host talked them into playing.
During introductions, the host asked mom what she does for a living. “Ummm….uhhh….ummm….I, uh, I, like, ummm, uh… I umm help people out… you know, like umm, if they are sick and stuff.” The host then asked the daughter what she does. Her answer: “I, umm… uh… I get a check. I have income every month.”
Continued in next post…
Report Post »Wool-Free Vision
Posted on August 5, 2012 at 4:05pmShe also went 3-up 3-down as follows:
Question 1) What U.S. president is known as “The Father of Our Country?” The mom looked like a deer in the headlights, so the daughter chimes in with “Bill Clinton… George Bush.“ The mom continues trying to think and the daughter continues to repeat ”Bill Clinton” over and over again (at least 10 times). Finally the mom says, “Lincoln,“ after very seriously considering going with ”Bill Clinton.” When informed that it was actually George Washington, mom says, “dat little white boy, I knew dat….”
Question 2) What three colors are on the British flag? The daughter went through color after color, “Orange, green, and white; blue, black, and green; orange, yellow, blue,” etc. ad nauseum. The mom finally answered “Green, white, and red.” When the host informed her that it was red, white, and blue, she told him he was wrong because that’s the American flag.
Question 3) In a grocery store, what product would you find classified as a “Granny Smith” or a “Red Delicious?” Mom’s answer: Potato.
REPO!
Mom and daughter both cursing a blue streak, they then bring in a second tow truck and back it up to the second car to repo it. Mom says “What’s this?” He explains that he has a repo order on it too, but he is going to give her the chance to play again to keep this one free and clear. She and daughter storm off and refuse to play, cursing and yelling.
DOUBLE-REPO!
These people vote, and I’ll give you one
Report Post »Wool-Free Vision
Posted on August 5, 2012 at 4:12pmThese people vote, and I’ll give you one guess which party.
This country is in some serious trouble, folks. Educate your neighbors, because the government has been in the business of making everyone dumber for the past 100 years. And it has worked, in stark contrast to everything else the government tries to do.
Report Post »BloodSweatandTears
Posted on August 5, 2012 at 4:41pm@Wool For further entertainment watch Jay Leno’s Jay Walking segment….It’s not just people who face repo-ing it seem’s to be the general public. Unfortunately.
Report Post »Look4DBigPicture
Posted on August 5, 2012 at 6:27pmThey continue to support Obama because his socialist party, campaign, and media continue to focus on nonsense social issues to create chaos and confusion. They twist information to paint Romney as a cold-hearted rich out-of-touch jerk. If you listen to the liberal media (which dominates the market) you would think Obama is still cool and Romney’s a tool.
Report Post »JACKTHETOAD
Posted on August 7, 2012 at 6:54am@BLOODSWEATANDTEARS – What about White Trash? What about Tower Of Power? But, especially, what about Chicago? I‘m feelin’ a bit horny this mornin’. Moohaha.
Report Post »JACKTHETOAD
Posted on August 7, 2012 at 7:10amI almost forgot about James Brown, Motown, Aretha Franklin, War, The Tony Williams Lifetime and so many others. I could go on all day..But I can’t. :)
Report Post »Ravings of a lunatic planet
Posted on August 5, 2012 at 10:24amJust my opinion………this ridiculous spending for ridiculous studies has been going on for decades…… I just can‘t understand why ANY US President hasn’t put a halt to it……What the hell is wrong with our elected officials? I want to know WHO agreed to grant money for chimps throwing poop. I guess we are just going to have to blame the voter’s………..I‘m still amazed at the amount of people that haven’t a damn “clue” what’s going on in this country……….they only care about “themselves”………..very sad.
Report Post »SCREW-WINDOWS
Posted on August 5, 2012 at 10:37amA stunning amount spent on stupid studies like Why do chimps throw their poop?
Report Post »Obama should take heed in the findings because if you don’t get rid of it soon you will find yourself surrounded and then wallowing in it.
hatchetjob
Posted on August 5, 2012 at 10:40amIt might have been Rep. Shelia Jackson Lee or Maxine Waters who pushed for this throwing poop nonsense.
Report Post »barber2
Posted on August 5, 2012 at 10:41amDoes this have anything to do with government grants and / or university professors ? More tax payers’ money ?
Report Post »BIgWheeler
Posted on August 5, 2012 at 10:49amMaybe the chimp thing is tied to inner city violence… Think about it.
Report Post »Chris
Posted on August 5, 2012 at 1:05pmMost of this stuff is either authorized and paid for in the budgets of federal agencies, either directly in the law, as an earmark, or as the result of a program set up by an agency under the direction of Congress. The poop throwing was probably not funded explicitly, but through a program that was in the budget for the agency that supplied the money.
The thing that jumped out at me in the “Wastebook 2011” report as not belonging there was #98 – the one about $1 bills.
We still have $1 bills – even thought they are more expensive than coins – because people still seem to want them. Does it make any sense to save money trying to force people to use $1 coins that they don’t want?
As far as #69 – the high risk research program – is concerned, that may well unnecessarily duplicate other programs, but performing and funding high-risk research is something that I think that the government should be doing, at least in selected areas. There are a number of areas where foreign governments are pumping money into their industries to try to help them take market share away from the US. Supporting high-risk research – stuff that would have a huge payoff if it works but is too high risk for a company to invest in – seems like a reasonable thing to do, primarily to thin out the possibilities, remove the worst of the risk and let private industry spend their time and money trying to develop something they can sell.
Report Post »MIBUGNU2
Posted on August 5, 2012 at 2:06pm@hatchetjob
Report Post »Posted on August 5, 2012 at 10:40am
It might have been Rep. Shelia Jackson Lee or Maxine Waters who pushed for this throwing poop nonsense.
Think you might have something here, Hatchet…Might add Frederica Wilson and Hank Johnson
to your list..They throw their fair share on the floor of The House…
http://www.youtube.com/watch?v=mmg1aY6_AJI
http://washingtonscene.thehill.com/in-the-know/36-news/3169-rep-hank-johnson-guam-could-tip-over-and-capsize
Irondawg
Posted on August 5, 2012 at 2:18pmObama got tossed by a chimp? Mainstream Media won’t cover that story!
Report Post »Lucy Larue
Posted on August 5, 2012 at 3:41pmRAVINGS OF A LUNATIC PLANET,
Report Post »You are DEAD ON!Blame the voters! It IS our fault. How long have smug, ill informed , clueless Americans tolerated this?
“People get the leaders they deserve”.
We are reaping what we have sown.
BloodSweatandTears
Posted on August 5, 2012 at 4:35pmCNN reported $500,000 for the stress-test study of ……SHRIMP! using miniature underwater tread mills….See it on you tube. Senator Coburn revealed this waste as well. You can’t make this stuff up.
We knew of an artist that received a grant to enable him to comfortably sit in his glassed in exhibit at a museum watching sports. He also gained a grant in South American observing turtles…
http://www.youtube.com/watch?v=TTJAzz2Is0s
Report Post »BloodSweatandTears
Posted on August 5, 2012 at 4:44pmPart of the problem –good for government, but a recipe for disaster for the paying public, is the auto-matic budget expansion each year. Even when there’s a left over balance in the budget it must be spent or next years budget will shrink. So naturally what do you think they do?
Report Post »JediKnight
Posted on August 5, 2012 at 7:00pmThe President hasn’t stopped any of the spending because quite simply, the President can’t. Under the Constitution, the President can only sign the budget or veto it. Congress passed a line item veto back in the 90s (during Clinton, who if I’m not mistaken used it), but the SCOTUS told them (rightly so) that if you want the President to be able to line item veto, you must amend the Constitution.
If the President agrees with the majority of the spending, they’re going to sign the budget. They most certainly aren’t going to veto an entire budget due to a $600,000 expenditure, especially since the budget is in the trillions of dollars range. I think the people would freak if there was a President Ron Paul that said “I know we need to spend these billions of dollars on X, but there was a $600,000 expenditure of studying monkeys throwing poop. I couldn’t in good conscience sign the budget with that there.” That’s just an insane line of thinking (I made it Ron Paul for no real reason, it could be anybody).
The point is that throwing out an entire budget over something like that would be like having a fight over a $5 item when you’re spending $2000 per month.
Pretty sure the line item veto has died since then.
Report Post »dublinthewagons
Posted on August 5, 2012 at 10:23amWhy do chimps throw their poop? Why do Democrats throw their poop?
Report Post »Neither one is stupid enough to eat it themselves. They want the taxpayers to eat it.
Dde13
Posted on August 5, 2012 at 10:20am93 days away frome voting this LYING POS OUT OF OFFICE.
Report Post »dublinthewagons
Posted on August 5, 2012 at 10:26amThat’s too long 2 wait.
Report Post »Detroit paperboy
Posted on August 5, 2012 at 10:19amThe well has run dry, so now were letting them steal from our kids…..l.l.l
Report Post »BloodSweatandTears
Posted on August 5, 2012 at 5:09pmSteal from our kids…if only….Unfortunately we have a boatload of mathematically challenged politicians. The deficit equals a mind numbing amount of money, but lets reduce that to comprehensible numbers…One million seconds = 12 days (approx.) One billion seconds = 32 years One trillion seconds equals 32,000 years. Our present deficit is 16 trillion dollars. 16 trillion X 32,000 = 512 Quadrillion or 512,000,000,000,000,000 seconds is more than a few lifetimes. (if you’re lucky you may live three trillion seconds.) And they are on target to go to 25 trillion? GDP is a paltry 1.7% Apparently the entire planet is only valued at 55 trillion. Sorry, it’s still incomprehensible.
Report Post »LeadNotFollow
Posted on August 5, 2012 at 10:13am…
Report Post »Obama should have become a Magician instead of a Politician.
His act is all “smoke and mirrors”.
ObserverOnTheHill
Posted on August 5, 2012 at 10:29amand then there’s the fact he made $ 5 Trillion disappear
Report Post »Individualism
Posted on August 5, 2012 at 10:10amGary Johnson 2012, hes the most likely one who can fix this in office based on his record and plans, wish Romney actually had a plan not just going after Obama.
Report Post »Penn
Posted on August 5, 2012 at 10:29amYou might check out Romney’s website. I think he makes a number of salient points in a variety of areas. His 5 point plan may be overly simplistic but his 59 page plan was slammed as too complicated. The main point is, Romney believes in American free enterprise and Obama believes in…. Obama.
Report Post »Listen_then_think
Posted on August 5, 2012 at 10:29am“Almost $600,000 of your tax dollars was sent to the folks who studied chimpanzee poop tossing…”
Report Post »because obozo had to find out why he is genetically wired to do what he does.
@ individualizm (aka lemming) If you would do a simple search OR listen, you would see that your request had ALREADY been granted, but as an obama butt kisser you are not used to dealing with thinking or facts. Poop tossing will interest you then also.
barber2
Posted on August 5, 2012 at 10:38amWish you’d quit running the “ Divide the Dumb Republicans ” rhetoric. Obama headquarters says a big ” thanks.” Forward, comrade….
Report Post »Lucy Larue
Posted on August 5, 2012 at 3:35pmINDIVIDUALISM,
Are you freaking kidding me?!
Can you shadow talk the name ROSS PEROT?!UGH!
What President did the illustrious Mr. Perot’s candidacy give us?
What President will a vote for Gary Johnson give us?(Hint…,his initials are B.H.O.)
Get Real.
Your hero would better serve this nation if he aimed for a lessor government job. This is NOT the time in our Nation’s History for an egotist like Johnson to throw S*#T in the game. Again…,UGH!
Report Post »Individualism
Posted on August 5, 2012 at 4:52pmbuy gold and silver and stop whining, Romney is just a war monger version of Obama.
Report Post »Anonymous T. Irrelevant
Posted on August 5, 2012 at 6:58pm@INDIVIDUALISM
Report Post »Maybe you were too young at the time Ross Perot split the vote, causing Clinton to win. The smart people here don’t keep doing the same thing over again. One just has to look at your avatar to know how you think. BTW, be careful, those electricity people, inside your walls, are listening.
KC1
Posted on August 5, 2012 at 7:13pm@Individualism
Report Post »Romney does have a plan. The problem is it continues the massive spending of Obamas administration, well Romney does cut ten percent of future growth (pathetic). Romney will allow the Fed to operate untethered (opposite of free markets) and continue the quantitative easing and artificially low interest rates that will inevitably turn this recession into a depression (dollar bubble). Thats why Paul supporters will not fall in line, because despite the rhetoric, the fact is Romney will be equally destructive to the American economy as Obama (both Keynesians). That is the biggest threat to our Liberty and country (bankruptcy). Support Paul, free markets and the Constitution and hope for the best friends.
resme
Posted on August 5, 2012 at 9:22pmI’m tired of people saying Ross Perot, He was actually talking about REAL PROBLEMS that our nation still face, Bush Sr. lost because he sucked. Votes always count no matter who you vote for, Indy‘s vote isn’t anymore important or less important then your vote. I’ll be voting Gary Johnson too.
Have a nice day.
Report Post »hatchetjob
Posted on August 5, 2012 at 10:10amIt’s a very sad time in the U.S.A. When the well runs dry, I wonder what will happen then?
Report Post »SCREW-WINDOWS
Posted on August 5, 2012 at 10:40amObviously the EPA will not approve drilling a new one.
Report Post »KC1
Posted on August 5, 2012 at 7:53pmWe will beg Paul (the only politician that for told of the coming collapse years in advance and never wavered from his warnings or beliefs) to come out of retirement and save this country by returning us to our constitutional principals (and like John Galt I hope he tells us to go to hell). All you Romney folk should realize by now that Romney will continue current spending levels, support the Fed and drive this economy into the ditch as fast as Obama.
Report Post »balrog25
Posted on August 5, 2012 at 10:04amIf we only did what is or is closely ennumerated in the Constitution, 75-80% of the Federal spending and government intrusion would go away. Then if people would ebrace their individual responsibility as well as demand their rights, prosperity would reign. If only more of us could see this.
Report Post »Snowleopard {gallery of cat folks}
Posted on August 5, 2012 at 10:12amI think the actual figures would be closer to 80-85%; we need to reign in the government once and for all, deal with it now with only some pain, instead of the draconian nightmare we shall face if Obama has a second term.
Report Post »Penn
Posted on August 5, 2012 at 10:46amThe Federal government has two responsibilites, defend the American people for all enemies foreign and domestic and to facilitate trade. It seems to me these are the only two things the Federal government is not doing. The wars in Iraq and Afghanistan degenerated into conflicts with “national rebels”. The real enemy is those islamists who preach “death to America” , you know, the guys who get invited to the White House. And when it comes to trade, the Feds are the biggest obstacle in developing businesses and helping the economy grow.
Report Post »Legislate to facilitate not regulate. The Road to Fascism is paved with governement interventions.
PA PATRIOT
Posted on August 5, 2012 at 10:04amVanny Van Jones is on ABC with
Report Post »George Stuffynose now
ObserverOnTheHill
Posted on August 5, 2012 at 10:30amdefending his kid’s illegal lemonade stand ?
Report Post »Salamander
Posted on August 5, 2012 at 10:01amObama needs to collect his participation prize and get the hell out of The White House–and take his minions with him!
Report Post »soybomb315_II
Posted on August 5, 2012 at 9:56amEither we get rid of the progressives or they will get rid of US
Report Post »Salamander
Posted on August 5, 2012 at 9:54amHmmm, why DO chimps throw their poop? And, is tweeting a human analog? (Hurling insults through the bars!) Hmmmm, is poop tossing strictly a zoo-related activity, or do they do it in the wild? Hmmm, funny how I don’t mind our government wasting YOUR tax dollars, while I somehow ignore the fact they they waste MY tax dollars, too! Maybe we ought to get rid of withholding and all pay our taxes at the end of our tax year–that way the pain is real and relevant and not lost in the payroll deductions jungle!
Report Post »historyguy48
Posted on August 5, 2012 at 9:52amComrade how can they malign Dear Leader so? He’s honestly tried and tried to take care of the economy. After all, didn’t he don his Seal Team 6 outfit and personally go whack Bin Ladin? Didn‘t he personally complete the border fence so jihad’s couldn’t just cross our borders and go into hiding? Didn’t he work diligently to fix the banking system? Doesn’t he love and support the middle class while trying to rein in the rich and those that hate America?
Report Post »So how can they malign this poor man this way? He even managed to find time to improve his golf game a little, despite working his fingers to the bone on our behalf.
And, with just a little bit of luck, he will receive three hots and a cot for the rest of his life after he is finished being President! Perhaps they will be able to find a few rooms for Dear Leader and his fellow treasonous pals in one of our maximum security prisons? Better yet, maybe he could just hang around a tree on the mall in Washington, DC. Oh, I meant hang from, not hang around!
kentuckypatriot
Posted on August 5, 2012 at 9:52amWhat do you expect from the first food stamp dictator in history. Romney needs to keep bringing up these facts in his ads AND the debates.
Report Post »progressiveslayer
Posted on August 5, 2012 at 9:46amLooks like the smiling jackal’s plan is working,he just needs four more years to finish us off.There‘s just one minor detail the dumb ass didn’t think about,when everyone‘s on the government dole and ’freebies’ for everyone,who’s going to pay for it?
Report Post »Salamander
Posted on August 5, 2012 at 9:59amHey, whadaya expect from a product of a ‘participation prize’ upbringing? This guy never ‘earned’ a buck in his life (after all, everybody else who ever ‘helped’ him, earned it, not him!) This guy reminds me of listening in court while the OTHER attorney kept saying “… taken to the logical extreme, … “, without having to justify his basic premise, which was fatally flawed — I lost — and my life has never been the same! I have never gotten over the lunacy of that trial–Thank you New York Supreme Court!
Report Post »Hugh Williams
Posted on August 5, 2012 at 10:10amThat is when the communist utopia that the leftist have longed for will begin. When everything is the property of the government, the government will make every decision for everyone. Make no mistake the people that produce now will still have to work; they will just be working for the benefit of the government. The big surprise will be to the slackers with their hand out for freebies. Under communism everyone works the job they are assigned by the government.
Report Post »SCREW-WINDOWS
Posted on August 5, 2012 at 10:45amThat’s a easy one you confiscate from the haves and give it to the have nots.
Report Post »HorseDancer
Posted on August 5, 2012 at 1:46pmPROGSLAYER . . . Yes, old tinotype dude . . .finish you off . . . that has a wonderful ring to it . . . so rchly deserved . . . so long overdue . . . goodbye, yesteryear malcontents . . . hello brave new future . . . gone are the days of the regressive repressives . . . gone are the days of mindless opiate religiosity . . . gone are the whines of the coddled white trash . . . and not a moment too soon.
Report Post »Lucy Larue
Posted on August 5, 2012 at 3:52pm@HORSEDANCER,
You are STILL posting here as HORSEDANCER?!
I suggested to you the more apt posting name of HORSES*%T.
Regretter! Perhaps I was too harsh.
I suggest a posting name more douce…,HORSEMANURE?
This name will let other posters comprende that what you state here is pas de patises.
Fair….,NON?
VOX POPULI VOX DEI!
Report Post »Blitz
Posted on August 5, 2012 at 9:45amObama is working very hard….. On becoming a slave master.
Report Post »Gregb
Posted on August 5, 2012 at 9:56amobama is doing everything right to destroy America. He is dismantling our country. He is opening our borders, he is trying to tax the wealthy into non-existence, he is increasing the number of welfare recipients, he is trying to take away our constitution including our right to bear arms, and he is decreasing our military down to nothing.
Report Post »I can not listen to his “middle out” nonsense. If he will release his college transcripts we will know if he is as intelligent as “his highness” claims to be. If he is, then America should be scared – very scared. We need to vote this communist out of office as soon as possible.
thibx
Posted on August 5, 2012 at 9:44amoboma and ole soros destroying the country. there are still people dumb enough to vote for him.
Report Post »Sharon Rose
Posted on August 5, 2012 at 9:40amThe biggest waste can be found in the Whitehouse.
Report Post »HKS
Posted on August 5, 2012 at 9:46amLooks like we be buying seven thousand dollar blouses there.
Report Post »Wango
Posted on August 5, 2012 at 6:00pmYou’d be happier with a $1000 T shirt?
Report Post »68Patriot
Posted on August 5, 2012 at 6:22pmWANGO, the $1,000 t shirt you are referring to was not purchased with tax payer money Fool.
Report Post »Captain Crunch
Posted on August 5, 2012 at 9:40amI had a job before Obama became the Dictator-in-Chief….ditto for millions of Americans.
Report Post »Wango
Posted on August 5, 2012 at 6:02pmYes, and many employers took the opportunity provided by the global economic downturn to clear the business of slackers and dead wood. Sorry. Maybe you should have tried harder instead of sitting around on your a$$ all day complaining about the way things are – like you do here all day.
Report Post »DoomsdayProphet
Posted on August 5, 2012 at 9:38amIs it surprising to anyone really?
Report Post »skippy6
Posted on August 5, 2012 at 9:36amIt‘s Bush’s fault…….All I need is four more years to become king!!!!!
Report Post »kat747
Posted on August 5, 2012 at 9:34amAnyone consider that the “working poor” are worse off than the people on welfare ?
Report Post »Absolutely pathetic that Barry has done this to the American People.
SCREW-WINDOWS
Posted on August 5, 2012 at 10:52amThe poor are the worst hit by Obama as groceries have increased 3 fold and sometimes 4 fold and expected to increase again and the foodstamps are not helping much.
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