Archive for March, 2010

Obama Meets His Match

Smith was a “recovering” property developer working hard to dig his family out of a financial hole. His LLC owed the bank Millions and property sales were slow. His house was mortgaged at $700,000, but worth about $600,000 on the present market. Smith had little income from his company and was working as a tractor mechanic by day and a truck driver by night. His wife was on the job 7 days a week as a real estate agent. She struggled to bring in sales in the same down market that affected Smith’s LLC.

Smith was quickly consuming a Spam sandwich after his shift as a mechanic, preparing to hit the road for a 300 mile round trip on his night job. The doorbell rang, and he went to answer it. Upon opening the door, there stood no less than President Obama flanked by Secret Service agents. He was backed by a line of armored black Suburbans in the street along with a crowd of reporters and TV vans with cameras rolling. The conversation went something like this:

Smith:
“Mr. President, this is indeed a surprise, what brings you here?”

Obama:
“John, I have a new government program that we initiated to help folks just like you.** I asked the IRS to find the appropriate person to be the kickoff client, and your name was presented to me. I decided to personally bring the good news to you myself so that your story will make the national news. As this program is rolled out, thousands of people just like you will be able to stop worrying about losing your home to foreclosure.”

Smith:
“Mr. President, I have no intention of losing my home, what exactly is this all about?”

Obama:
“I realized that many people are hurting right now and after checking your tax returns and mortgage balance, I saw that you are highly qualified for help under our program. You are making less than $200,000 per year, your payments are over 31% of your income, and you owe more than your home is worth. With this program you will get mortgage relief.”

Smith:
“Well Mr. President, how exactly do I get mortgage relief?”

Obama:
“The banks have repaid the TARP funds and I am using the money to help homeowners who are behind on their payments or owe more than their home is worth. As you may remember from my campaign, I am going to raise taxes on anyone earning over $200,000. For those with less income like you, I will create programs to save your home. This is all part of my plan to spread the wealth around and that’s good for everybody.”

Smith:
“Mr. President, let me see if I have this right. I do a big land deal, the market tanks, and I get into a hole. I buy a nice home, the market tanks and I am underwater. My wife and I are making a lot less than we did before. Now you intend to take money that should be used to pay down the federal deficit and instead use it to bail me out from my own difficulties?”

Obama:
“Yes, that’s exactly it, your troubles are over! You won’t have to work two jobs and your wife can enjoy the weekends off. Your payments will be lower and the government will pay the bank $100,000 so you will no longer be underwater on your home loan.”

Smith:
“Mr President, with all due respect to your office and your generous offer of other people’s money – no thank you. I was not raised to take handouts, especially of money that my children and their children’s children will spend their whole lives repaying with interest. I got myself into this present position and I shall work my way out of it or die in the process. Not all Americans are like “Peggy the Moocher””

“You have greatly angered me with your offer of a handout, the eventual cost of which will be borne by future generations. You have personally insulted me with your implication that I somehow need government help to emerge from a temporary setback.
I deeply resent that flock of reporters eagerly waiting to spread stories about my private business all over the country in order to make you look good. The fact that you have been snooping into my tax records and home loan information irritates me even more.”

“Now it would please me greatly if you were to leave my property immediately and never return. You may be the Commander in Chief, but until and unless you condemn this land through eminent domain, it is private property and neither you, your guards, nor your bevy of media sycophants are welcome on it.’

“There is a Kenworth waiting for a driver and I have to go. Good day Mr. President.”

** This is a new add-on to HAMP – The Home Affordable Modification Program which has cost over $75 Billion so far with a 60% rate of re-default within a year. It can now be used to assist with mortgages up to $729,750!

Ever heard of “Obama Money”? Here is your big chance!

McKenna

Washington State Attorney General Rob McKenna represents the majority of American people who understand that a society supported by burgeoning entitlements is unsustainable. Our Constitution was written to protect us from the Government – not to allow it to control our private, personal decisions. His joining with 13 other State Attorneys General to challenge the constitutionality of  ObamaCare is much appreciated.

Present US national debt combined with the unfunded liabilities of Social Security, Medicare, and Medicaid is approximately $117 TRILLION – BEFORE adding the monstrous health care program. Over the years the federal government has piled up promises to pay that amount with no visible means of support to do so.

Just for comparative purposes, that much money would make 336 STACKS of $100 bills each of which would reach the International Space Station from the earth’s surface. A baby born today owes about $381,107 with its first breath as does every other living American. Democrats like to borrow from future generations or dragoon money from those who earn it and give it to those who don’t. Republicans often do the same in support of earmarks, subsidies, and anything they think will buy a few votes. Who will be holding the debt sack when the music stops and China quits funding our shortfalls? Hint: Many of them are not born yet.

The supporters of Health Care Reform insisted the program was deficit neutral. However if one were to take a sensible look at the broken promises of Social Security, Medicare, and Medicaid costs over time, a reasonable person could only expect the same future cost explosion with health care. The duplicity of double counting Medicare “savings” and separating out the $209 Billion “Doc Fix” are obvious to all who wish to see. Larding the bill with bribes and payoffs like the “Cornhusker Kickback” and “Louisiana Purchase” to assure passage stinks to high heaven.

My beloved little Goddaughter will be paying for this myopic foolishness long after we who squandered her future are gone. Our elected officials are present time oriented and refuse to consider history or contemplate the future. They exist in the here and now; caring only about what makes them feel good in the moment and what it takes to cling to office. Playing Robin Hood with other peoples’ money provides instant gratification along with votes. They care not a whit about the damage their inane spending and massive borrowing will eventually lead to.

Folks who choose to believe in this massive “entitlement” nonsense and support it are welcome to do so. However, please remember that the proverbial road to Hades is paved with good intentions. The European Union is desperately dealing with a half dozen member states that are drowning in debt largely caused by excessive entitlement spending. Present US programs are growing exponentially at the same time the number of workers paying in is shrinking relative to the recipient burden. Now we are told that 30 million more people can be insured basically at taxpayers’ expense and it will not increase the deficit? Perhaps the Tooth fairy may step in to assist.

Foolish and Dangerous

President Obama has just informed an Indonesian interviewer that the massive health care entitlement, which will add trillions more to our deficit over time is: “the most important domestic agenda” in America. American unemployment is nearly 10%. Our national debt is at $13 Trillion and over $3 Trillion is being added in 2009 and 2010. Social Security, Medicare, and Medicaid are basically bankrupt. President Obama has just added yet one more monstrous entitlement to those we already cannot sustain.

The Health Care debate consumed over a year of the administration’s and Congress’ time. The Senate Bill and the House Reconciliation Bill will soon be signed into law. So far 13 State Attorneys General are suing the Federal Government to prevent the mandates included in the Bill from taking effect in their states. These actions will gum up the court system and embroil the legislation in protracted legal battles for months or years.

This massive misallocation of legislative resources is keeping the government and the economy at near paralysis. The American people are spending inordinate amounts of time and money fighting this law. Businesses are frozen in fear of higher taxes and penalties included in the Bill. For instance, Caterpillar just charged $100 Million against earnings for the additional costs on them alone. Investors are deeply concerned about threatened higher taxes on capital gains, rental, and dividend income. Without confident investors, jobs do not get created.

There is only one type of person who could seriously believe that health care in this fragile economy is the most important legislative goal. That person must have absolutely no business experience or understanding of basic economic principles. I give you “Exhibit 1” – President Obama. His experience is as a professor, lawyer, community organizer, and legislator. He has never met a payroll, exercised executive responsibilities, nor faced the challenges and demands of a businessman or investor. His sincere but erroneous belief is that wealth must be forcibly taken from those who produce it and given to those who do not. He obviously slept through any economics classes he was forced to take, or Paul Krugman was the instructor. When you say: “Adam Smith”, Obama thinks of that squishy liberal Congressman from Washington State – not the man who wrote Wealth of Nations.

As the economy continues its unstable drift into an unknown future, Obama and his gang of czars and sycophants continue to tax, spend, and borrow in their futile and dangerous quest for wealth redistribution instead of wealth creation. These actions bleed ambition from the entrepreneurial and creative risk takers while breeding dependency into additional sectors of the population.

Bill Clinton was travelling a similar path until 1994. The American people awoke and peacefully rebelled. A sea change in Congress forced him into a saner direction. Barack Obama needs a similar wake-up call. He shall receive it this coming November.

Talking Back

A man whom I respect, but agree with on almost nothing sent the following email over the transom this morning. It was so idiotic, that a response was in order. Below is the text of the original message and my answer to him:

Here’s what my friend wrote:

“Anyone who supported a $3 trillion intervention so that Iraqis could experience the joys of democracy, but now claims that “we can’t afford” health care reform, is not allowed to participate in meaningful policy debate for at least the next four years.”

Here is my response to him:

I sincerely respect you for your service, but your hysterical and whacked out view of this situation is troubling.

First off, your “$3 trillion” figure is well over 400% of the actual cost which is $714,640,000,000. That is MUCH LESS than $3 trillion. You should check these facts out before just sending stuff from your friend along as fact.

Second, our national debt combined with the total unfunded liabilities of Social Security, Medicare, and Medicaid is approximately $117 TRILLION * BEFORE adding the monstrous health care entitlement program. I know it makes liberals feel good to dragoon money from those who earn it and give it to those who don’t, but who is going to end up holding the debt sack when the music stops and China quits funding our shortfalls?

My beloved Goddaughter will be paying all her life for this criminal foolishness long after we who squandered her future are gone. Unfortunately liberals are present time oriented and cannot consider history or contemplate the future. They are stuck in the here and now and only care about what makes them feel good in the moment. Playing Robin Hood with other peoples’ money gives them a Chris Mathews type tickle up their leg. They are incapable of considering the long term damage their asinine misallocation of productive resources will eventually lead to.

You can believe in this nonsense and support it all you want, but my job is to fight it to my last breath.

Now please do the honorable thing and forward this response along to all those you sent the original message to. You are welcome to include my name, email and phone number. Don’t forget to send it along to your friend Mr. XXXX.

All the Best,

Old Iron Jarhead

* Just for concept purposes, that is 336 STACKS of $100 bills that would reach the International Space Station from the earth’s surface.

’50s Flashback

Enjoy the tinny sound of a live performance pretty much like it sounded before the advent of digital sound.

We need a break from politics and it might be fun to try a taste of the wonderful ‘50s. Rock & Roll was young and new, just like us kids turning 11 & 12. Cars were laden with chrome and power, but not much else. There were no seat belts, shoulder harnesses, air bags or interlocks. Only Caddies and Packards had power steering and air conditioning. Misbehavior in school earned real stinging “swats” from a wooden paddle wielded by the Vice Principal. Most neighborhood men were WW II Veterans who smoked Lucky Strikes and Camel straights. Girls jumped rope and played hopscotch in the street while boys refought any war they could think of in the woods.

Computers were called “electronic brains” and were the size of a small house. All telephones had a dial instead of buttons and were firmly connected to a wall or phone booth. We dialed numbers like: AD 1410 to call someone. “Radio Dispatched” on a truck or taxi let us know the company was high tech. There were no fast food joints and sit down restaurants were expensive so we “dined” at home on salmon patties, fish sticks, hot dogs, or hamburger gravy over potatoes.

The badge of honor was getting that first part time job babysitting, mowing lawns, or delivering newspapers. The only bicycles we knew were one-speed fat tire Schwinns or Huffys. We all stood awestruck when an older kid earned enough to buy and own a Whizzer. There was no chlorine in the water and the frequent appointments with the dentist were often begun without Novocain. The older boys loved to invite us over to “play” football where; in street clothes with no helmet or padding, we were used as practice tackling dummies.

Ritchie Valens became a star and those of us whose parents would allow it, tried mightily to grow and comb our hair like he and Elvis. Brylcreme was the only answer to even attempting to keep it in place. We enjoyed the new music venue on the big Zenith radio in the living room while our parents were away. Otherwise we listened on an Admiral portable the size of a lunch pail with a dry cell as big as a milk carton for power out in the yard.

Ritchie helped make those years such a wonderful time to grow up in. May he rest in peace.

The Family Zenith

The Family Zenith

Obama plays Major Kong

Why does the Health Care vote remind us so much of Dr. Strangelove? Consider the parallels:

Pilot Obama leads his crew into the sky with the specific intent to pass a Health Care Bill that will insure all 46,000,000 Americans and illegal immigrants with a generous public option which amounts to an eventual complete government takeover. His primary target is a single payer system as in Britain and Canada.  Picture these crewmen as your Senators and Congressmen:

On the way, Obama’s bomber is damaged by a missile, loses some engines and begins hemorrhaging fuel. This is the Senate Bill passed on Christmas Eve that stripped the public option and added the Louisiana Purchase, the Cornhusker Kickback and other deals. The Senate Bill becomes the secondary target.

About this time, the commanders, AKA the American people, begin an effort to recall the bomber to base. The mission has been scrubbed. This is equivalent to the rising nationwide anger against the Bill, the dropping poll numbers, Tea Party demonstrations, and the elections in New Jersey and Virginia. Obama’s radio is out and he cannot hear or intentionally ignores their multiple attempts to reach him and his crew. He continues toward the secondary target.

The fuel loss becomes dire; there is no possibility of a return to safety after the target is hit. This is the election of Scott Brown in Massachusetts. Obama is determined to reach his goal even as his crew shows serious signs of doubts and anxiety. The shaky members of the House have to be treated to several individual and group courage-enhancing meetings. They are threatened and bribed to stay the course despite constituent anger and plummeting poll numbers. Each one gets 20 pieces of silver to assuage their concerns and bring back to their districts:

Over the target, the bomb bay doors refuse to open. Against all odds and against polls showing 55% to 35% disapproval, Obama heroically forces the doors to open. Ignoring the massive evidence that the mission is impossible, he assaults the legislative wiring and finally manages to find success on the secondary target. Unfortunately, he and his crew are sacrificed in the process.

A bit of history: From 1994 through 2006, the Republicans in Congress managed to abandon their principles and soil their reputation with voters, leading to a sound rejection by the American people. They successfully completed their self immolation in 2008 with the election of a Democrat President and large Democratic majorities in House and Senate.

In approximately 1/10th of that time, the Obama Administration has done the same to the Democratic Party. Congress’ approval ratings are in the mid-teens. Obama’s have fallen to 45%, only held that high because the American people generally like him and want him to succeed. In the meantime, he continues to shoot himself in the foot by pushing legislation distrusted and disliked by the vast majority of voters.

The final episode – 21 MAR 10 – Obama signs a last minute Executive Order buying the votes of Bart Stupak and his group, securing the Bill of passage in the House.

Nancy, Harry, Steny, we shall be turning you out of office soon. As we say in the Marine Corps: “Pack your seabags!”

* If you enjoyed this satirical view as much as I enjoyed composing it, please pass it along.

Thanks,

Old Iron Jarhead

Great Cartoon

Operation Flood DC is our last shot at stopping this massive government takeover of 1/6 of our economy. Just imagine your health insurance run by the IRS and hospitals operated by the Postal Workers Union.

Watch this cartoon and then call, FAX, or send a note UPS or FedEx to your Congressman. If we can’t stop this, Monday will be the beginning of our descent into financial chaos.

Below are the House fence sitters who could vote either way. A few have announced since this list was published, but most are holding out till the last minute. Even a few random calls would help if you have the time. You can also Google their names and find their FAX numbers on their websites.

PLEASE CALL! DC OFFICE     LOCAL OFFICE
Harry Mitchell (202) 225-2190  (480) 946-2411
Gabrielle Giffords (202) 225-2542  (520) 881-3588
Ann Kirkpatrick (202) 225-2315  (928) 226-6914
Jerry McNerney (202) 225-1947  (925) 833-0643
John Salazar (202) 225-4761  (970) 245-7107
Jim Himes (202) 225-5541  (866) 453-0028
Alan Grayson (202) 225-2176  (407) 841-1757
Bill Foster (202) 225-2976  (630) 406-1114
Baron Hill (202) 225-5315  (812) 288-3999
Mark Schauer (202) 225-6276  (517) 780-9075
Gary Peters (202) 225-5802  (248) 273-4227
Dina Titus (202) 225-3252  (702) 256-3462
Carol Shea-Porter (202) 225-5456  (603) 743-4813
Tim Bishop (202) 225-3826  (631) 696-6500
John Hall (202) 225-5441  (845) 225-3641 x49371
Bill Owens (202) 225-4611  (315) 782-3150
Mike Arcuri (202) 225-3665  (315) 793-8146
Dan Maffei (202) 225-3701  (315) 423-5657
Earl Pomneroy (202) 225-2611  (701) 224-0355
Steven Driehaus (202) 225-2216  (513) 684-2723
Mary Jo Kilroy (202) 225-2015  (614) 294-2196
Zach Space (202) 225-6265  (330) 364-4300
Kathy Dahlkemper (202) 225-5406  (814) 456-2038
Patrick Murphy (202) 225-4276  (215) 826-1963
Christopher Carney (202) 225-3731  (570) 585-9988
Paul Kanjorski (202) 225-6511  (570) 825-2200
John Spratt (202) 225-5501  (803)327-1114
Tom Perriello (202) 225-4711  (276) 656-2291
Alan Mollohan (202) 225-4172  (304) 623-4422
Nick Rahall (202) 225-3452  (304) 252-5000
Steve Kagen (202) 225-5665  (920) 437-1954
John Boccieri (202) 225-3876  (330) 489-4414
Jason Altmire (202) 225-2565  (724) 378-0928
Rick Boucher (202) 225-3861  (276) 628-1145
Suzane Kosmas (202) 226-6299  (407) 208-1108
Betsey Markey (202) 225-4676  (970) 221-7110
Scott Murphy (202) 225-5614  (518) 828-3109
Glenn Nye (202) 225-4215  (757) 326-6201
Allen Boyd (202) 225-5235  (850) 561-3979
John Tanner (202) 225-4714  (731) 885-7070