Debunking common liberal myths about the economy

The Wall Street Journal has a good article that interjects reality in order to debunk some common leftist myths.

The problem is massive, uncontrolled government spending, not the myth of lost tax revenue.
The myths they analyze and debunk are:

  • The Bush tax cuts wiped out last decade’s budget surpluses.
  • The next decade’s deficits are the result of the previous administration’s profligacy
  • Declining revenues are driving future deficits

Saturday morning roundup

Here are some highlights of the news you probably won’t hear on MSNBC…

A federal judge shot down the Obama Justice Department’s pre-emption argument in their lawsuit against the state of Arizona.

Congressman Charles Rangel (democrat – NY) has finally been charged with multiple ethics violations by the bipartisan House Ethics Committee

Anita MonCrief to File FEC Charges Against Obama Administration

Jim Hoft delivers a dose of reality about Obama and the congressional democrats effect on  the economy

Barack Obama is the worst president in history on job creation–
According to data from the U.S. Bureau of Labor Statistics, the U.S. shed 2.3 million jobs since February 2009, Obama’s first full month in office. Since Obama’s election in 2008, the US economy has shed 4.4 million jobs. That’s worse than Herbert Hoover.

The US economy lost another 125,000 jobs in June. Just ask Alvin Greene.

Barack Obama’s Keynesian policies have failed miserably. Democrats blew a Trillion dollars on a failed stimulus bill and all they managed to do was triple the national deficit in one year.

Even the far left extremists on “Journolist” hate Keith Olbermann.

Top Ten Racist Incidents of the Week

Quote of day

Today’s quote comes from democrat President John F. Kennedy in 1962:

“It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now … Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.”

True then and true now. So why does President Obama and the congressional democrats want to raise taxes during a recession?

Obama’s track record

Jeff Miller has made a list of some of our Dear Leader’s promises and how he has followed up on them.

1. He campaigned against an insurance mandate and then gave us one.

2. He promised he wouldn’t hire lobbyists, and then hired at least 40 of them.

3. He promised to release logs of meetings between his staff and lobbyists, and then his staff started meeting across the street with lobbyists so it wouldn’t be logged.

4. He promised not to raise any taxes on families that make under $250,000, and then raised several taxes that apply to them.

5. He promised to post all bills on the internet for five days before he would sign them, and he’s broken this promise with nearly every bill he’s signed.

6. He promised not to tax health care benefits, and then signed a law that taxes health care benefits.

7. He promised to get us out of Iraq; not happening.

8. He promised to close Guantanamo; not happening.

9. He lied about the cost of his health care plan.

10. He promised to televise the health care negotiations, and didn’t.

11. He promised to veto all legislation with earmarks; he hasn’t.

12. He has bragged about continuing the Bush treatment of detainees.

13. He promised transparency and then prosecuted leakers.  (Plus, remember this?)

14. He lied about the public option.  And about a ton of other stuff.

15. Remembering signing statements?  Obama assumes you don’t.

16. Don’t ask, don’t tell?  Still in place.

And then there’s the other stuff, the silly and the sad, like the commissionsembarrassing issues of foreign etiquettelambasting tax breaks he voted forbribing people with job offers, bemoaning the iPod that he himself uses, his habitual invocation of straw men, his destruction of jobswasted moneythe cash-for-clunkers/housing-credit idiocy, the foreclosure plan folly, the fake fiscal restraintunemployment and the stimulus bill, and the fact that Obama’s policies redistribute wealth from poor to rich.

President Obama is not just a mediocre president; he’s not just a bad president.  President Obama is a terrible president.  He is a terrible president by any standard, but certainly by his own.  We were promised great things, and instead, we got just another lousy politician.

Sunday SciFi: Star Trek Phase II

I’ve mentioned this group of uber-fans before, but they deserve their own Sunday SciFi post.

Star Trek Phase II is an entirely fan produced continuation of the ST:TOS series.  It’s the brain child of James Cawley, who had a couple of bridge scene cameos in the latest Star Trek movie.

They have produced five (six if you count their first effort that they don’t list at their web site anymore, but I have on DVD) high quality episodes. Some of these episode have been written by ST:TOS writers, and/or have had ST:TOS actors in staring role, and one had a guest starring role by Denise Crosby.

The democrat’s Culture of Corruption marches on

This time it’s democrat Congressman Greg Meeks of New York.

Queens Rep. Gregory Meeks finally fessed up Friday night about why he decided to wait three years to pay back a $40,000 secret loan.

The Queens Democrat had been refusing to explain why he made no payments on the loan from Ahmad, a local businessman, until the FBI showed up.

He also did not disclose the loan on House documents in 2007 and 2008, as required.

Remember kids, democrat Speaker of the House “San Fran Nan” Pelosi said she would run the most ethical congress, evah!