Showing posts with label Congressional Budget Office. Show all posts
Showing posts with label Congressional Budget Office. Show all posts

Wednesday, February 05, 2014

VIDEO: Bad news is worse news with the WH Spin

As an additional feature here on Blogging In Our Time 2 Escape, this blog will be including videos that have been posted on the johnny2k's America Facebook page! Videos can sometimes say more than what can be expressed in text.  Be sure to visit the archive with hundreds of videos to peruse through!




*     *     *     *

Don't be afraid!
WE the PEOPLE
are the MOB
ONE NATION UNDER GOD
YOU ARE NOT ALONE!
johnny2k's Tea Party Gear

*     *     *     *




Friday, January 07, 2011

Pelosi's final whopper as speaker ~ By David Limbaugh

Based on the bogus information and assumptions the administration and Congress fed the CBO in order to make Obamacare appear budget-neutral at the outset, the anomalies that have been brought to light since, and the negative consequences the law is already producing, Nancy Pelosi's statement that repealing Obamacare would do violence to the debt and deficit is delusional at best and an outright lie at worst.

The mainstream media will continue to carry the administration's water on this monumental ruse, as ABC's George Stephanopoulos seemed to do in questioning House Majority Leader Eric Cantor recently, but their version must not be allowed to stand. Republicans must be aggressive in countering these lies and hammering home the truth that repealing Obamacare, in addition to striking a blow on behalf of liberty, would reverse, not increase, the government's budgetary imbalances.
David Limbaugh exposes the lies that Pelosi and Obama used to to make ObamaCare sound it like would be budget-neutral. Maybe the starkest truth in the column, David comments that Donald Berwick's appointment to run the Centers for Medicare and Medicaid Services is just "more evidence Obamacare was never about reducing budgetary pressures."


Pelosi's final whopper as speaker
DAVID LIMBAUGH

By David Limbaugh

January 07, 2011 ~ 1:00 am Eastern

© 2011



Can you imagine the sheer audacity of outgoing House Speaker Nancy Pelosi sermonizing that repealing Obamacare would do "very serious violence to the national debt and deficit"? This is the woman whose four-year tenure as speaker saw the national debt explode from $8.67 trillion to $14.01 trillion.

She's the lady who boasted, "Deficit reduction has been a high priority for us. It is our mantra, pay-as-you-go." Such is the state of Pelosi's credibility that even 19 of her Democratic colleagues voted against her for speaker.

When it comes to a wide spectrum of issues, I'm not sure which planet Pelosi and her ilk of liberals inhabit, but the Obamacare fiasco takes their other-worldliness to another level altogether – and that's being charitable because it assumes they're innocently unaware of how wrong they are.

Everyone knows that with Obamacare's government-mandated increases in demand and in government control over prices, shortages and rationing are inevitable. (That's either why they've established their little bureaucratic boards or their excuse for establishing them; the boards will ultimately dictate decisions concerning choice of care – including, dare I say it, end-of-life care.) Obama promised universal coverage, which won't happen, but what he didn't tell us is that his socialized plan could only increase coverage, if at all, by reducing access to, choice of and quality of care.

Obama also forgot to tell us when stumping for the bill that he would appoint Donald Berwick to run the Centers for Medicare and Medicaid Services, whose role will be greatly expanded under Obamacare to define the quality of care for every insurance plan and set Medicare and Medicaid reimbursement rates based on the CMS' assessment about the value in various medical treatments. If you doubted before that Obama's motive in socializing medicine was, well, socialistic, then that doubt should have been removed with the Berwick appointment. For Berwick is the man who loves Britain's socialized medicine and who said proudly, "Excellent health care is by definition redistributional." Just more evidence Obamacare was never about reducing budgetary pressures.

READ FULL STORY at WorldNetDaily.com


Be sure to check out
johnny2k's Tea Party Gear!

Thursday, August 05, 2010

Sudden-death economics ~ By Herman Cain

I would have had The Hermanator's column posted here a couple of days ago, but found myself dealing with a crashed hard drive instead. Fortunately, Herman's column was not time-sensitive, as he is writing about a situation that is on-going.

Or, perhaps the hard drive catastrophy was just my excuse so I could put off the posting of this column, for the fact that it is a scary topic. And I don't think that would be the only person around that wants to avoid what may be imminent and present danger to this country. I am not sure if many people have really considered what could happen to America should there be a financial collapse. But, if you think about it, should the economy of the United States collapse, I am sure the global economy would be quick to follow. And that is the very scary part of the potential financial collapse, a very possible scenario.

And knowing what I know about economics, I am wondering how the people running the government could not possibly understand what is facing this country economically. I would think that they would know that history shows that tax rate decreases have actually led to an increase in revenue (see "The Historical Lessons of Lower Tax Rates" which Herman links to in the FULL column). It is why I still hold the opinion that Obama and his administration DOES know what is going on, and that it could only be an intentional attempt to destroy this country - for what ever sinister reason they may have. Just sayin'...

Admittedly, this is not an inspiring or entertaining topic. In fact, it is downright scary. It is even scarier that a large number of voters are equally oblivious and blind to this clear and present financial danger. What happened in Greece and other European countries can happen here.

The big difference is that Uncle Sam does not have a "sugar daddy" to bail us out.

The 2010 congressional elections are sudden death for control of the House of Representatives. If real Republicans take control, there is some real hope of slowing down the destruction of our economy.

This is a serious crisis, and the elected so-called leaders are not listening. I believe the voters are listening. They will remember in November.

By Herman Cain

Posted: August 02, 2010 ~ 1:00 am Eastern

© 2010


Our economy is on a government-induced lose-lose trajectory of financial destruction between federal spending and tax revenue. It's a Mathematically Assured Depression (MAD). The only unanswered question is when.

– Herman Cain, March 9, 2009, commentary
I do not enjoy bad news predictions. But the president, his administration, Congress and the major mainstream broadcast media are focused on everything except the coming financial disaster we face. It's not that the other issues are not critical. The financial crisis could be catastrophic.

The Congressional Budget Office issued another warning last week that the growing federal debt is unsustainable! It is a real crisis! As stated in the agency report, "A growing level of federal debt would increase the probability of a sudden fiscal collapse."

This did not just start under the Obama administration, but it has clearly accelerated during this administration. Consider the following statistics:

When President Obama took office in January 2009, the national debt was $9.5 trillion, which is nearly $32,000 for every man, woman and child living in this country. The national debt as of this writing is nearly $14 trillion, which is $45,000 for every man, woman and child living in this country. That's a historic increase in a historic short period of time!

That debt does not die when we die. Our children and grandchildren will have to pay our foreign creditors back, if we can avoid a total financial collapse.

As the president and Congress continue to spend like crazy, they continue to pay lip service to wanting to get spending under control. Their words do not match their actions.

For example, Senate Democrats tried to pass a $30 billion "drop in the bucket" package to help stimulate lending to small businesses. More than $600 billion of the stimulus bill has not worked, so the Democrats wanted to throw another $30 billion on top of the $846 billion stimulus spending. The majority of Republicans voted against it because it was new spending, when the money could have been taken out of unspent stimulus funding.

Of course, the president blamed the Republicans for being partisan obstructionists.

READ FULL STORY at WorldNetDaily.com


Be sure to check out
johnny2k's Tea Party Gear!

Friday, May 14, 2010

Obama's latest redistributionist ~ By David Limbaugh

David's column deals with the sad fact that ObamaCare is the Socialist's dream, and it somehow passed, despite all of the lies about it's cost... along with about everything else in it.

And now we find out that Donald Berwick, who will run the Centers for Medicare and Medicaid Services, is a radical, "an Ivy League academic who loves wealth redistribution and believes that health care is an ideal vehicle to achieve it." If that isn't a bit of hard medicine to swallow, what is? Welcome to Obamaland. Just sayin'...
But as bad as Obama's lies were about the costs of his plan, many of us warned that a greater evil in Obamacare was its guaranteed path to reducing our freedoms. Ronald Reagan was not just issuing platitudes when he said, "One of the traditional methods of imposing statism or socialism on a people has been by way of medicine. It's very easy to disguise a medical program as a humanitarian project. ... From here, it's a short step to all the rest of socialism."

No truer words were ever spoken, and you can be sure that Obama believes it, too, which is exactly why he misrepresented almost every aspect of his plan in order to get it passed – and even then, just barely. His real purpose, as many of us have been telling you ad nauseam, is to greatly increase the size and scope of government and government control and, in the process, further radically redistribute wealth. He's a socialist. These aren't just words. He really is.

As it turns out, we don't have to wait any longer to prove we were correct about this, too. Obama has nominated Donald Berwick to run the Centers for Medicare and Medicaid Services. l discovered in research on my upcoming book that experts believe that under Obamacare, the role of the CMS will be greatly expanded to define the quality of health care for every insurance plan, set reimbursement rates for physicians in Medicare and Medicaid and decide how valuable certain treatments are. According to Robert M. Goldberg of the Center for Medicine in the Public Interest, Berwick, essentially, "will get control of the practice of medicine."

By David Limbaugh

Posted: May 14, 2010 ~ 1:00 am Eastern

© 2010



We knew Obama was prevaricating when he told us his purpose to cram through Obamacare was to provide universal access to coverage and reduce costs, but how many people did he manage to fool? How many are still fooled?

He repeatedly complained that America spent more on health care than other nations "but wasn't any healthier." He grossly distorted the numbers of chronically uninsured. He lied about his support for a single-payer plan and in denying that the "public option" was a Trojan horse for such a plan. He misled us concerning his intention to federally fund abortions and the coverage of illegals.

He deceitfully insisted that he wouldn't interfere with the patient-doctor relationship, that patients could choose to keep their own plans, that his plan wouldn't lead to rationing and that it would increase the quality of care.

Perhaps his most cynical fraud was his line that he would not sign a bill that would add one single dime to the federal deficit. Along with the uninsured canard, this was his biggest selling point for Obamacare: Health care costs were skyrocketing, and he had the magic bullet to remedy that.

Well, we already have objective proof (courtesy of a delinquent Congressional Budget Office pronouncement) that this, too, was a lie.

Obama and congressional Democrats moved budgetary mountains (in the way David Copperfield moves mountains onstage) to create the CBO-supported illusion that his bill wouldn't increase federal budget deficits. By asking the CBO to make absurd assumptions and by borrowing from other mythical funds (Medicare), Obamacrats were finally able to make the numbers balance, just long enough to give Obama cover to sign the bill.

But less than two months after he signed the bill into law, the CBO, in response to Rep. Jerry Lewis' request for a rescoring based on realistic assumptions instead of the bogus ones Democrats submitted, has already admitted its estimate didn't take into account "discretionary" expenditures that will add some $115 billion worth of costs.

With the publication of this news, the administration is now making noise, threatening not to fund the bill unless Congress finds sufficient savings elsewhere to nullify that "unexpected" cost increase. Give me a break. Just how stupid can these people think we are? They knew about these false assumptions before Obama signed the bill, and they're not about to withdraw their wholesale endorsement for Obama's crowning legislative "achievement."

READ FULL STORY at WorldNetDaily.com

Bookmark and Share

Be sure to check out
johnny2k's Tea Party Gear!

Profits derived from your purchases
will help me to attend tea party rallies!