The First Obama Term
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thibodeaux
- Posts: 8120
- Joined: Thu May 20, 2004 7:32 pm
TheCatt wrote:I'm just saying... that's all I wanted him to do. And he SAID he would....
Even if a President says that and means it, he doesn't REALLY control the spending ANYWAY. It's Congress that creates the budget...when they actually do, that is. And the executive branch is run by the civil service, who can't be fired.
But who believes what politicians say anyway?
Edited By thibodeaux on 1318518875
Obama cut personal checks to people.
Too busy to post comments on this at the moment.
Too busy to post comments on this at the moment.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
If you can't win on the facts, make some up.
http://thehill.com/homenew....ongress
tl;dr: the new thing to say when laying the blame is that it is a "Republican Congress."
http://thehill.com/homenew....ongress
tl;dr: the new thing to say when laying the blame is that it is a "Republican Congress."
"Be bold, and mighty forces will come to your aid."
ACORN still completely transparent and operating above-board.
Hehe, just kidding. They have a lot to do with the OWS protests under their new name.
http://www.foxnews.com/us....exposed
Hehe, just kidding. They have a lot to do with the OWS protests under their new name.
http://www.foxnews.com/us....exposed
"Be bold, and mighty forces will come to your aid."
MSM finally realizing Obama's high speed rail plan is a piece of shit.
98.5 billion to build a high speed rail between Los Angeles and San Francisco. Imagine what the costs are going to be to build that same high speed rail system throughout the nation.
98.5 billion to build a high speed rail between Los Angeles and San Francisco. Imagine what the costs are going to be to build that same high speed rail system throughout the nation.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
Obama wants more people wasting government money on crappy degrees.
As the default rate rises on federally backed student loans, President Obama has responded with a plan to make education lending even more expensive for taxpayers. That's hard to do, but he's determined.
In his first student-lending reform, which was rushed through the Senate as part of ObamaCare, Mr. Obama added $1 trillion to the federal balance sheet over the next decade by eliminating private lenders. Stage two, which he offered recently at the Denver campus of the University of Colorado, added easier repayment terms and debt forgiveness. Who says Uncle Sam is a scrooge?
Specifically, Mr. Obama wants to accelerate an "income-based repayment" option to forgive more student debt and limit monthly repayments for graduates earning low salaries. Thanks to the 2010 law, this change is already scheduled to take effect in 2014. But in Denver he said, "I'm here to announce that we're going to speed things up. We're going to make these changes work for students who are in college right now. We're going to put them into effect not three years from now, not two years from now—we're going to put them into effect next year."
It's good to be the King—even if it's not legal. The 2010 law clearly states that the new repayment option is "for new borrowers on and after July 1, 2014." GOP sources in the House and Senate tell us that the Administration can probably make these changes using the authority in a related program, but they doubt that the President can put them into effect next year.
That's because such changes cannot be enacted by executive order. They fall into a regulatory category in which "negotiated rulemaking" is required, meaning the government must convene a panel to consider the proposals. Given the various requirements for rule-writing and allowing for public comment, Capitol Hill staff say there's not enough time to put these rules in place by next school year.
Assuming the panel approves these rules eventually, they will cost taxpayers $575 million a year, according to the Congressional Budget Office's scoring of the 2010 law. Once in effect, borrowers will not have to pay more than 10% of their "discretionary income" each year, regardless of how much they owe. The government defines discretionary income as the difference between the borrower's adjusted gross income and 150% of the federal poverty line. If the money isn't completely paid back in 20 years, the remaining debt will be forgiven.
That's right. Wait 20 years and, presto, you're student debt-free.
Remember, student loans from the government are available regardless of credit history or assets, so default rates are high and have been rising—to 8.8%, according to the most recent government data. Add the possibility that people can choose or end up in occupations that pay low salaries, and the taxpayer loses again. A student who finances an expensive education and then pursues a career with meager salaries could be sticking taxpayers with five- or even six-figure losses by year 20. The loan then becomes a very expensive grant.
It gets even more expensive for taxpayers when student borrowers take a "public service" job after graduation, thanks to a program that began in 2007. "Public servants" can get all of their remaining federal student-loan debt forgiven after only 10 years. This applies to government employees such as teachers and to workers at nonprofits.
It's too early to know for sure how this will affect student-borrower behavior, but you can guess. Here we have the federal government offering significant financial incentives to encourage young people to choose what the late Irving Kristol called the politically active "helping professions" over wealth-creating businesses. Go to Georgetown, borrow $100,000 from Uncle Sam, join the Sierra Club, wait a decade and the loan becomes a free lunch.
The larger picture is that the President is pushing hard to turn college into one more new entitlement, regardless of cost or course of study. He said in Denver that "college isn't just one of the best investments you can make in your future. It's one of the best investments America can make in our future."
So, he added, "we want you in school." The only question is "how do we make sure you are burdened with less debt?" His answer seems to be to give kids the money instead of loaning it to them. Along with his new plan to disguise grants as short-term debt, Mr. Obama also takes credit for doubling annual Pell grants since taking office to $36 billion.
Washington's rising subsidies for college are a big reason that tuition keeps rising faster than inflation. Tuition and fees increased 4.5% at private colleges last year and 8.3% at public ones, according to the College Board's latest data. Under Mr. Obama's plan, taxpayers will provide the subsidies that allow colleges to raise their prices even higher.
It's not me, it's someone else.
China and I agree on something
Jin Liqun, the supervising chairman of China's sovereign wealth fund, speaking to al-Jazeera television this week:
If you look at the troubles which happened in European countries, this is purely because of the accumulated troubles of the worn out welfare society. I think the labor laws are outdated. The labor laws induce sloth, indolence, rather than hard-working. The incentive system is totally out of whack.
Why should, for instance, within [the] euro zone some member's people have to work to 65, even longer, whereas in some other countries they are happily retiring at 55, languishing on the beach? This is unfair. The welfare system is good for any society to reduce the gap, to help those who happen to have disadvantages, to enjoy a good life, but a welfare society should not induce people not to work hard.
It's not me, it's someone else.
From here:
How is this not seen as a serious racism issue?
*** Obama’s strength with African Americans: A second storyline you shouldn’t miss is Obama’s incredible strength with African-American voters. While some Beltway chatter and commentary has suggested that the president is losing support with these voters, our NBC/WSJ poll -- which included an oversample of 400 black respondents -- paints a very different picture. According to the survey, 91% of them approve of Obama’s job (versus 44% among all poll respondents); 49% of them believe the country is headed in the right direction (versus 19% of all respondents); 92% would vote for Obama over Romney (versus 49%); 93% would vote for Obama over Cain (versus 53%); and 59% of them say they are more enthusiastic than usual about voting in 2012. If Obama wins re-election next year, he can thank this support from African Americans and (to a lesser extent) Latino voters. By the way, the president doesn't lose any African-American support even in the hypothetical three-way matchups with Ron Paul or Michael Bloomberg. The president does NOT have a problem with African-Americans; folks should stop wasting news ink and bandwidth on that topic. Beyond one or two grumpy members of the Congressional Black Caucus, there's no ACTUAL evidence in the community at-large.
How is this not seen as a serious racism issue?
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
The most open and transparent administration ever.
Under President Obama, the Justice Department has pursued more leak investigations against government officials than any of its recent predecessors.
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
[url=http://news.yahoo.com/democrats-bailing ... BHBrZwNiYT
A4NWMzMi0zYTZiLTNiN2MtYTMwOC0xZWI0ZDBiNGNkYTMEcG9zAzQEc2VjA25ld3NfZm9yX3lvdQR2ZXIDZGRiNjY4
YTAtMWExNS0xMWUxLWI5YTYtYzcyNDlkYmIxNjc5;_ylg=X3oDMTNhYnEwbnRzBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDMTY3NmRlMWMtMTdlZC0zMTc4LWI5ODItNzhlYj
NjZWYzMDE3BHBzdGNhdAN3b3JsZHxtaWRkbGUgZWFzdARwdANzdG9yeXBhZ2UEdGVzdAM-;_ylv=3]More and more Dems have stopped drinking the Kool-Aid.[/url]
A4NWMzMi0zYTZiLTNiN2MtYTMwOC0xZWI0ZDBiNGNkYTMEcG9zAzQEc2VjA25ld3NfZm9yX3lvdQR2ZXIDZGRiNjY4
YTAtMWExNS0xMWUxLWI5YTYtYzcyNDlkYmIxNjc5;_ylg=X3oDMTNhYnEwbnRzBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDMTY3NmRlMWMtMTdlZC0zMTc4LWI5ODItNzhlYj
NjZWYzMDE3BHBzdGNhdAN3b3JsZHxtaWRkbGUgZWFzdARwdANzdG9yeXBhZ2UEdGVzdAM-;_ylv=3]More and more Dems have stopped drinking the Kool-Aid.[/url]
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
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thibodeaux
- Posts: 8120
- Joined: Thu May 20, 2004 7:32 pm
Don't worry: there's plenty more idiots, and they're mighty thirstyLeisher wrote:[url=http://news.yahoo.com/democrats-bailing ... BHBrZwNiYT
A4NWMzMi0zYTZiLTNiN2MtYTMwOC0xZWI0ZDBiNGNkYTMEcG9zAzQEc2VjA25ld3NfZm9yX3lvdQR2ZXIDZGRiNjY4
YTAtMWExNS0xMWUxLWI5YTYtYzcyNDlkYmIxNjc5;_ylg=X3oDMTNhYnEwbnRzBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDMTY3NmRlMWMtMTdlZC0zMTc4LWI5ODItNzhlYj
NjZWYzMDE3BHBzdGNhdAN3b3JsZHxtaWRkbGUgZWFzdARwdANzdG9yeXBhZ2UEdGVzdAM-;_ylv=3]More and more Dems have stopped drinking the Kool-Aid.[/url]
Wow.
That's all kinds of stupid.
We should do a rebuttal video:
"I remember which party didn't want to free the slaves."
"I remember which party created welfare."
"I remember what is going on in Europe and how I don't want those policies here."
"I remember which party let Osama live to enact 9/11."
"I remember which party firmly controls 12 of the 13 states on the verge of bankruptcy."
Edited By Leisher on 1322613059
That's all kinds of stupid.
We should do a rebuttal video:
"I remember which party didn't want to free the slaves."
"I remember which party created welfare."
"I remember what is going on in Europe and how I don't want those policies here."
"I remember which party let Osama live to enact 9/11."
"I remember which party firmly controls 12 of the 13 states on the verge of bankruptcy."
Edited By Leisher on 1322613059
"Happy slaves are the worst enemies of freedom." - Marie Von Ebner
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
"It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies..." - Orwell
The vibe i have been seeing lately is, "The GOP will do anything to torpedo Obama because they want him out of office, period, no matter how much it hurts regular working Americans (probably because he is black and they are racist)."
I have some liberal family members who like sharing such things on facebook.
I have some liberal family members who like sharing such things on facebook.
"Be bold, and mighty forces will come to your aid."
Opinion piece regarding Obama's recent unconstitional cabinet appointments:
http://www.cnn.com/2012....=hp_bn9
....
http://www.cnn.com/2012....=hp_bn9
Republican are in a tizzy, saying he is establishing a bad precedent with the moves. But frankly, they need to shut up.
....
"Be bold, and mighty forces will come to your aid."
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thibodeaux
- Posts: 8120
- Joined: Thu May 20, 2004 7:32 pm