__________WTF WTF WTF WTF WTF WTFrick___________

On Monday, White House National Economic Council Director Gene Sperling called for a “global minimum tax” to ensure that “nobody is escaping doing their fair share.” :@

[youtube gO5B1378P54&feature=player_embedded http://www.youtube.com/watch?v=gO5B1378P54&feature=player_embedded youtube]

On Monday, the Ranking Member of the Senate Budget Committee Sen. Jeff Sessions blasted President Barack Obama’s $3.8 trillion 2012 budget plan

as being a fiscal charade of breathtaking proportions and

“one of the most spectacular fiscal cover-ups in American history.”

http://biggovernment.com/whall/2012/02/14/sen-ses...

Quoth the Gipper...

"Evil is powerless if the good are unafraid"

"The most dangerous myth is the demagoguery that business can be made to pay a larger share, thus relieving the individual. Politicians preaching this are either deliberately dishonest, or economically illiterate, and either one should scare us...
Only people pay taxes, and people pay as consumers every tax that is assessed against a business."

"We cannot play innocents abroad in a world that is not innocent"

"Peace is not the absense of conflict; it is the ability to manage conflict by peaceful means"

"Of the four wars of my lifetime, none came about because the U.S. was too strong"

"If the Soviet Union ever let another political party come into existence, they would still be a one-party state...
because everbody would join the other party"

"How do you tell a communist? He reads Lenin and Marx. And how do you tell an anti-communist?
Someone who understands Lenin and Marx."

"Freedom is never more than one generation away from extinction; it's not something we pass along in our bloodstream.
It must be fought-for, protected, and passed-along for them to do the same"

"Entrepeneurs and small businesses are responsible for almost all the economic growth in the United States"

"If you can't make them see the light, let them feel the heat"

"They say the world has become too complex for simple answers... they are wrong"

"The most terrifying words in the English language are: I'm from the government, and I'm here to help"

"Recession is when your neighbor loses his job; a depression is when you lose yours"

"Before I refuse to take your questions, I have an opening statement..."

Gingrich: Talkin' TWO DOLLAR Gasoline

Newt Gingrich spoke at a Los Angeles fundraiser yesterday, where the focus was 'bringing down the price of gas', always
a lively topic out there in ten-lane-freeway land.

Key to the market-based Gingrich energy strategy would be accelerated domestic oil exploration: 'We know how to get gasoline prices back down: produce more gas' said the Former House Speaker.

'Join us in a campaign to drill here, drill now, pay less and let’s get back to $2 a gallon gasoline with Gingrich, not $5 a gallon gasoline with Obama.'

Typically, the ideas Newt puts-forth are simple and straightforward...
................................. just common-sense, really:

Gingrich Energy Plan

1. Remove bureaucratic and legal obstacles to responsible oil and natural gas development in the United States, offshore and on land.
2. End the ban on oil shale development in the American West, where we have three times the amount of oil as Saudi Arabia.
3. Give coastal states federal royalty revenue sharing to give them an incentive to allow offshore development.
4. Reduce frivolous lawsuits that hold up energy production by enacting loser pays laws to force the losers in an environmental lawsuit to pay all legal costs for the other side.
5. Finance cleaner energy research and projects with new oil and gas royalties.
6. Replace the Environmental Protection Agency, which has become a job-killing regulatory engine of higher energy prices, with an Environmental Solutions Agency that would use incentives and work cooperatively with local government and industry to achieve better environmental outcomes while considering the impact of federal environmental policies on job creation and the cost of energy.

http://reaganiterepublicanresistance.blogspot.com...

[youtube Kpi5CgOHqh4&feature=channel_video_title http://www.youtube.com/watch?v=Kpi5CgOHqh4&feature=channel_video_title youtube]

We all saw what happened in 2008 and 2010, where the now bankrupt “community organization” ACORN and its partner in crime, Project Vote, engaged in massive voter registration fraud.
(The starting line-up for the Dallas Cowboys registered to vote in Nevada, to give just one absurd example of ACORN’s work.)

Well now, as we head into the presidential election season, many are wondering if we are in for a repeat of this chaos in 2012 –
not if Judicial Watch has anything to say about it.

On Thursday morning, Judicial Watch held a press conference at the Conservative Political Action Conference (CPAC) in Washington, DC, to announce a critically important new campaign: The 2012 Election Integrity Project.

(You can view the video from our press conference here.)

[youtube IF2TkI7R9n4&feature=player_embedded http://www.youtube.com/watch?v=IF2TkI7R9n4&feature=player_embedded youtube]

Obama Budget Chief Won’t Answer Whether He’d Resign If the Budget Raises Spending

This morning, Budget Director Jeff Zients went before the Senate Budget Committee to testify about the Obama proposed budget.

Here’s the key portion of the transcript:

SESSIONS: Let’s go back to the simple question I asked you: does your plan spend more money over the next ten years than the agreement in current law that we reached just last August? Yes or no?

ZIENTS: I think what we’ve got to focus on here is the bottom line, and we’re taking deficits down to 2.8% of GDP.

SESSIONS: You’re not answering my question. I asked a simple question. You’re the director of the OMB. Does your budget call for spending more money?

ZIENTS: I’m suggesting that our budget is a more honest budget, that looks at what’s happening on a business as usual basis.

SESSIONS: Will the witness not answer this simple question? I just asked a simple question.

ZIENTS: It’s a more accurate reflection of what we’re going to spend.

SESSIONS: Will it spend more or less?

ZIENTS: It will actually spend less money because of the deficit reduction that we have and a baseline that reflects the current policy.

The conversation continued:

SESSIONS: Let me ask you this. If you are incorrect in saying that you do not increase spending more than current law, would you consider resigning your office?

ZIENTS: [laughs awkwardly] Let me go back to …

SESSIONS: We looked at the numbers. Are you that confident?

ZIENTS: I’m confident that with our baseline, which accurately reflects current policy and business as usual, that we have deficit reduction of $4 trillion and we do it in a balanced way. For every $2.50 of spending cuts, there’s a dollar of revenue. That’s a good balanced approach.

SESSIONS: Mr. Zients, there is no spending cuts in this budget. This budget increases spending. Surely you know that. It increases taxes. So to say that you cut $2.50 in spending for every dollar in tax increase is beyond the pale.

Zients is wrong, of course; Sessions is correct. That’s why Zients won’t stake his job on there being actual budget cuts. That’s why he avoided the question. The truth is that the supposed cuts Zients touts amount to just $273 billion over the next ten years; the debt, meanwhile, skyrockets another $11 trillion over the next decade. Zients and the Obama Administration aren’t willing to make a re-election bet over the truth of their phony numbers.

http://vineyardsaker.blogspot.com/2010/03/full-tr...

The Federal Housing Administration (FHA) will exhaust its reserves over the coming year, according to budget projections released Monday, ....

which would require a Treasury infusion for the first time in its 78-year history.

But Obama administration officials said more recent developments, including fines that will go to the FHA from last week's $25 billion mortgage settlement with five major banks, could cover any shortfall and obviate the need for taxpayer funding.

The FHA has burned through its reserves over the past three years as defaults mount on loans it guaranteed as housing markets deteriorated. FHA-backed mortgages are an attractive option for borrowers because they can make down payments as low as 3.5%. But as home prices continue to fall, many of those borrowers have fallen underwater, where they owe more than their homes are worth and are at greater risk of default if they experience income shocks.

The estimates by the White House's Office of Management and Budget show that the FHA's capital reserves, which stood at $4.7 billion in October, would be wiped out in the coming year, forcing the agency to seek nearly $700 million from the U.S. Treasury.