Sunday, September 9, 2012

CBO: HERE COMES ANOTHER BIG, BIG RECESSION


Unreported the last week or so, over $500 billion in tax hikes and budget cuts are scheduled to hit the nation in January due to a forced budget deal made last year.  Now, the Congressional Budget Office is warning of a steep and deep recession unless legislation is passed immediately to avert the crisis.  The gloomy forecast is due in part to a decision by Congress to steepen the fiscal cliff by extending a temporary payroll tax break and emergency unemployment benefits, which are now also set to expire in January. Finally, analysts have concluded that the underlying economy is much weaker than previously predicted.

COMMENTS:
And just what do you think the odds are of either party being willing to deal with this issue before the November elections?  And after the elections, in a lame duck session, what are the odds that they will once again kick our disastrous financial situation down the road again?  Let’s not wait to find out; let’s just clean houses in November and get rid of every damned one of them, Democrat and Republican alike.  Let’s start with a fresh, untainted Congress in January.    

TODAY’S QUERIES & ANSWERS:
Q. Obama made a whole ton of promises the other night.  If he had the ability to get these things done in his first term, why didn’t he?  And, why didn’t he make an impassioned plea to keep his fellow Democrats in Congress?  (Phil ~ Bremerton, WA)
A. Because he doesn’t care about his fellow Democrats; if he’s reelected, he’ll be the High Potentate by mandate and Congress won’t be necessary.  As for the promises, you already know the answer.  I’m sorry, but he is the worst President ever elected in this country, and probably most others. Most others at least believe in God. 

Q. After the Democrats decided to remove the push for Jerusalem as being the bona fide capital of Israel, how do we even stand a chance of successfully supporting them against Iran?  (Abe ~ Las Vegas, NV)
A. Our relations with Israel are already in the toilet, thanks to Obama.  And, House Intelligence Committee Chairman Mike Rogers says that Netanyahu is at his “wit’s end” over Obama’s refusal to define a point at which the U.S. might take action against Iran.  "Right now the Israelis don't believe that this administration is serious when they say all options are on the table, and more importantly neither do the Iranians."  The situation becomes more ominous everyday as more news comes that U.S. intelligence about the actual Iranian progress on nukes is either flawed or being misrepresented to the world.  Frankly, if we end up in World War III due to Obama’s bone-headed refusal to deal with this issue, I’ll be madder than hell. 

Q. Is Obama going to try and silence Matt Bissonnette, who wrote the book about the real inside story on the Osama assassination?
(The Colonel ~ San Antonio, TX)
A. The Pentagon claims that Bissonnette signed a secrecy agreement, although it has yet to be released.  Obama is absolutely livid because it discloses information about him and Biden that is not exactly flattering.  Obama, well-known for White House leaks of classified information, contends that the book contains… classified information. 

TODAY’S QUOTE: “Anyone who believes that this election has not now morphed into a referendum on God doesn’t appreciate American roots.” ~ The Unknown Scribbler

TODAY’S VIDEO:  


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