12 Nov

The Obama lemmings [Reader Post]

                                       

Question: When does $70 billion equal 1.25 trillion?

Answer: In Obamaworld

“You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”

– Abraham Lincoln

Unless they are Obama supporters. It turns out that you can fool all of them all of the time.

Barack Obama admits to being weak at math. On Leno he said:

“The math stuff was fine up until about seventh grade. Malia is now a freshman in high school. I’m pretty lost.”

That explains a lot.

Barack Obama claims that he was re-elected to raise taxes on the so-called “wealthy.

President Barack Obama and House Speaker John Boehner are signaling they’re open to some compromise on a taxes and spending to prevent more financial pain in the new year, but the two sides are digging in on raising taxes for wealthier Americans. Obama said Friday that his re-election gave him a mandate to pursue that position because “the majority of Americans agree with my approach.”

His approach was and still is to lie. Or else he is plain stupid.

Obama has people believing that 70 billion equals 1.25 trillion. They believe it because he told them it does. Obama supporters do not question anything Obama says.

Yes, Obama did say 70 billion equals 1.25 trillion. He spoke with the feckless Scott Pelley during an interview for 60 minutes and he said:

“And if we go back to the tax rates for folks making more than $250,000 a year, back to the rates that we had under Bill Clinton,” he continued, “we can close the deficit, stabilize the economy, keep taxes on middle class families low, [and] provide the certainty that I think all of us would be looking for.”

In an ad Obama said

“Now Governor Romney believes that with even bigger tax cuts for the wealthy, and fewer regulations on Wall Street, all of us will prosper. In other words, he’d double down on the same trickle-down policies that led to the crisis in the first place.”

Obama went so far as to enlist Bill Clinton to lie; to say that these tax rates on the “wealthy” caused the current financial mess.

“This election to me is about which candidate is more likely to return us to full employment. This is a clear choice. The Republican plan is to cut more taxes on upper income people and go back to deregulation. That is what got us into trouble in the first place.”

It’s a lie of course. It’s so false that not even Ezra Klein believes that.

“I am absolutely not saying the Bush tax cuts led to the financial crisis. To my knowledge, there’s no evidence of that.”

Yet there it is- just undo those tax cuts for the “wealthy” and the deficit will close, the economy will stabilize and Mayan apocalypse will be avoided.

The Obama administration claimed it was talking about all of Bush’s policies, to which Glenn Kessler replied

We think that distinction would be lost on ordinary people.

Lost it was. It was lost on all Obama supporters- including Scott Pelley.

The truth?

The deficit this year is projected to be $1.25 trillion.

Repealing the Bush tax rates for the “wealthy” would net approximately $70 billion per year. That’s it.

Allowing all the Bush tax rates to expire would net approximately $380 billion per year. That begins to take a bite out of the deficit. What is obvious is that the big money comes from the 98%, not the 2% or the 1%.

And still Obama supporters think that $70 billion will erase a $1.25 trillion deficit.

Because Obama said so.

Lemmings.

About DrJohn

DrJohn has been a health care professional for more than 30 years. In addition to clinical practice he has done extensive research and has published widely with over 70 original articles and abstracts in the peer-reviewed literature. DrJohn is well known in his field and has lectured on every continent except for Antarctica. He has been married to the same wonderful lady for over 30 years and has three kids- two sons, both of whom are attorneys and one daughter on her way into the field of education. DrJohn was brought up with the concept that one can do well if one is prepared to work hard but nothing in life is guaranteed. Except for liberals being foolish.
This entry was posted in Barack Obama, Culture of Corruption, Deception and Lies, Economy, Liberal Idiots, MSM Bias, Politics, propaganda bureau and tagged , , , , , . Bookmark the permalink. Monday, November 12th, 2012 at 6:00 am
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99 Responses to The Obama lemmings [Reader Post]

  1. kevino says: 1

    RE: “Repealing the Bush tax rates for the “wealthy” would net approximately $70 billion per year. That’s it.”

    Exactly. The average increase in the deficit has been $3.88B per day. Yes, that is PER DAY. Even if you accept the delusion that the package of tax increases proposed by Democrats will actually yield $70B — and it won’t come close — that will fund the deficit 18 days. That’s it.

    Even if you buy into the extremely optimistic view of only $1.25T ($3.43B per day), then the absolute best-case scenario for the US is $70B / $3.43B/day = 20.47 days.

    This pile of crap won’t fund the deficit for a month. Not even close. Epic fail.

    It’s the spending stupid.

    ReplyReply
  2. DrJohn says: 2

    I didn’t think of it at the time but this also reminds me of the biblical story of Matthew:

    13 When Jesus heard what had happened, he withdrew by boat privately to a solitary place. Hearing of this, the crowds followed him on foot from the towns. 14 When Jesus landed and saw a large crowd, he had compassion on them and healed their sick.

    15 As evening approached, the disciples came to him and said, “This is a remote place, and it’s already getting late. Send the crowds away, so they can go to the villages and buy themselves some food.”

    16 Jesus replied, “They do not need to go away. You give them something to eat.”

    17 “We have here only five loaves of bread and two fish,” they answered.

    18 “Bring them here to me,” he said. 19 And he directed the people to sit down on the grass. Taking the five loaves and the two fish and looking up to heaven, he gave thanks and broke the loaves. Then he gave them to the disciples, and the disciples gave them to the people. 20 They all ate and were satisfied, and the disciples picked up twelve basketfuls of broken pieces that were left over. 21 The number of those who ate was about five thousand men, besides women and children.

    Obama will make that $70 billion into $1.25 trillion. It’ll be a miracle.

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  3. Pingback: If All You See… » Pirate's Cove

  4. DrJohn
    remember the devil was an angel made perfect with the power of GOD
    he also can change and multiply and go forward , but he will take the SOULS OF HUMANS
    THAT is what the taker will have to give in return,
    nothing is free,
    bye

    ReplyReply
  5. johngalt says: 4

    It’s never been about the actual numbers, concerning Obama’s “plan” on taxes. Hell, it’s never been his actual “plan” to begin with. All he did was co-opt the general feelings of jealousy and envy amongst the electorate, and amplify it further. To the point that OWS was “created”, railing against the 1%, and thereby furthering a general feeling of envy and jealousy by the electorate towards the “rich”.

    It’s always been about “equality” and “fairness” to liberal/progressives and their useful idiots, never about the numbers. The thing is, the definitions of “equality” and “fairness” have been rewritten by the liberal/progressives to mean simply the conditions of the end result of people’s lives.

    I can already see the denials and arguments from our resident liberals and liberal/progressives on this.

    ReplyReply
  6. Cary says: 5

    You *might* have a point if this were the only issue this election were about.

    ReplyReply
  7. johngalt says: 6

    @Cary:

    The biggest thing that the GOP attempted to make this election about was the economy, and what to do about it.

    Unfortunately for them, the Democratic party was much more successful at making the election about anything BUT the economy. From women’s “rights” to illegal immigration. From getting UBL to civil rights.

    There is no doubt that Obama and his team ran an effective campaign while Romney and his team couldn’t get the traction on the economy needed to win. Obama and his team didn’t let Romney and his team “define” what Obama’s presidency has been. Whatever else can be said, that is what won the re-election for Obama.

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  8. bwax says: 7

    I have already written my congressman and advised that the Republicans should vote the same as odumbo did when he was in the senate…………’present’. That would make the democrats the fall guys for whatever is passed. They own it now, and whatever is done, right or wrong, is theirs to keep.

    ReplyReply
  9. johngalt
    it was easy for OBAMA, he spend half of his term campaigning ,
    instead of doing the duty of his PRESIDENCY,
    he neglected all and focus on campaigning only.
    while the jobless where having a hard time, and the MARKET WAS CRASHING,
    who care? he went out campaigning
    how come his voters did not see it?

    ReplyReply
  10. johngalt says: 9

    @ilovebeeswarzone:

    how come his voters did not see it?

    Because too many voters believe that “if only the government were in the right hands, they are infallible”. And there are, as well, some on the right who believe that too.

    The thing is, the tendency of government, any government, no matter who is in charge, is to gain power over the people. Invariably, this always leads to tyranny over the people, where freedom and liberty get turned into privilege and give-aways.

    ReplyReply
  11. Not only will the revenue raised (using static accounting) be a drop in the bucket …using dynamic accounting, I’ll bet the negative effect on the economy will in fact reduce federal revenue and worsen the debt and deficit problem. Does anyone honestly believe meaningful gub’ment spending cuts are in the offing?

    ReplyReply
  12. johngalt says: 11

    @LibertyAtStake:

    Does anyone honestly believe meaningful gub’ment spending cuts are in the offing?

    Only the useful idiots who just see Defense spending cuts as meaningful.

    ReplyReply
  13. drjohn says: 12

    @Cary:

    You *might* have a point if this were the only issue this election were about.

    OK, well there’s free contraception and abortion on demand……

    ReplyReply
  14. Cary says: 13

    @drjohn:

    Free contraception? Really? If I pay for my health care plan and V***a (blocked because of a bad word!) is a prescription that is issued to me… you mean I get it free?! Good news.

    “Abortions on Demand” is a meaningless phrase. I won’t even go there, unless it’s to point out “Mammograms on Demand” come with it.

    ReplyReply
  15. Cary says: 14

    @johngalt:

    Can’t disagree with you here.

    I especially love how the last midterm elections had nothing to do with turnout, but were a “referendum on Obama’s policies” – yet now, according to the GOP pundits, the results of this election are about anything but the candidate’s platforms.

    ReplyReply
  16. Cary says: 15

    And now we hear about all of these corporations, many of whom spent millions of dollars trying to buy the election, suddenly now claim that cannot afford to keep their workers because of Obamacare, and are threatening to lay off employees because of it. Forget the fact that many of these chains already offer health insurance to their employees, they need to make a political point.

    “referendum” ??? How about the fact that most of the tea party is GONE?

    My point is that the GOP has nobody to blame but themselves, and as long as they keep pointing fingers, nothing will change for them.

    On second thought, keep pointing fingers. The rest of us “lemmings” will keep the country moving forward…

    ReplyReply
  17. Taqiyy says: 16

    Vorwärts, comraden!

    Great Leap 2: Electric Boogaloo!

    Coming soon to America, courtesy the Democrat Party and it’s impotent and enabling sidekick, the GOP.

    Cary, are you looking Forward to the stench of mass graves?

    ReplyReply
  18. Cary
    you mean for what?
    one thing is sure that is the RICH can give their money better themselves, and they do it all the time,
    but if OBAMA WANT IT TO GIVE HIS FOREIGNER, THAT INFURIATE THE RICH, WHO EARNED THEIR MONEY, THAT’S HOW THEY BECAME RICH, SO IF ANYONE THINK THEY WILL TAKE THE MONEY WHICH IS NOT THEIR OWN, they can think twice, because the RICH will go away with their money,
    OBAMA IS THE OWNER OF THE DEBT, LET HIM PAY FOR IT
    FROM HIS OWN POCKET

    ReplyReply
  19. johngalt
    yes and this government beat them all in suppressing the creativity,
    in imposing regulation and restriction and entitlement of all sort
    to this so tolerant AMERICANS,
    which has never been seen before by any leader, which lead us to believe that OBAMA HATE AMERICA SO MUCH THAT HE MAKE HER SUFFER AND WANT TO GO ON PUNISHING HER WITH ANY IDEAS COMING IN HIS SICK MIND

    ReplyReply
  20. Cary says: 19

    @Taqiyy:

    And the meaningless vague hyperbole continues….

    ReplyReply
  21. drjohn says: 20

    @Cary:

    Free contraception? Really? If I pay for my health care plan and V***a (blocked because of a bad word!) is a prescription that is issued to me… you mean I get it free?! Good news.

    You asked about issues. These are really the only issues which matter to the left. They could give a rip about the economy or national security.

    Tax the rich (not because it will mean a damn, but simply to cause them some pain)
    Abortion, abortion, abortion
    Contraception: see Sandra Flucke

    That’s it.

    ReplyReply
  22. drjohn says: 21

    @Cary:

    “referendum” ??? How about the fact that most of the tea party is GONE?

    Not gone. Producers were and are outnumbered by consumers. This is the tipping point. Those of us who pay the taxes are now slaves to those who do not pay.

    ReplyReply
  23. Nan G says: 22

    Remember Obama’s REVENGE remark?
    This tax hike has zero to do with closing the deficit.
    It is all about getting even with those rich old white dudes.
    Even as we approach the fiscal cliff business owners are gaming how they can lower their overhead.
    One thing they can do is keep employee numbers under 50.
    Then ObamaCare is less relevant.
    And, if that’s impossible, they can cut workers they must have down to under 28 hours a week.
    That’s Obama’s new definition of part-time. 30 hours is now FULL-time!
    The non-taxed minorities have no idea they are strangling the goose that fed them.
    They just see free stuff in their futures and don’t look past their noses.

    ReplyReply
  24. Cary says: 23

    @drjohn:

    Really? If you actually believe that those are the ONLY issues that matter to the left, you’ve not been paying much attention…. to anything beyond Rush Limbaugh. That’s okay, everything else you’ve written indicates that as well. So if “that’s it,” have a great night.

    PS. Affordable isn’t free… it’s affordable. I really wish you would stop spreading misinformation.

    ReplyReply
  25. Wm T Sherman says: 24

    Recall that when Obama was asked in 2008 about the possibility that an increase in the capital gains tax rates would actually cause Federal revenue to decrease, he said that was fine with him, because it was about fairness, not increased revenues. Ponder that for a moment. Recall also that his top priority after winning in 2008 was absolutely not the economy. It was passing Obamacare, taxing carbon dioxide emissions, and halting oil and gas development on Federal land. It was thousands of new regulations on business. It was doling out a 800 billion dollars to prop up public employee pension funds.

    The election is over and our side lost. Obama supposedly has a mandate, and can give the opposition the back of his hand and just do whatever he pleases now. So, why are the Obama trolls still coming here? Why are they not done with us?

    Well, scapegoats are going to be needed to take the blame for all the horrible crap that’s about to unfold. Imaginary sabotage by class enemies must be invoked to explain the failures of the system. The scapegoating is not a simple matter of what’s good for the Democratic Party. No, it’s about the peace of mind of the drones who helped finalize this economic disaster. They must believe that they didn’t really work for their own destruction at the feet of a President and party that do not really care about them and no longer need to pretend to care about them.

    The layoffs and economic contraction are just getting started, trolls. By all means keep comforting yourselves with the absurd story that the private sector cutbacks are anti-Obama sabotage and mere cheap publicity stunts rather than the easily predictable outcome of a major change in the regulatory and economic outlook. Obamacare mandates and fees are coming. Taxes are going up. Energy prices are going to skyrocket as promised. The electric grid will experience brownouts as coal plants are forced to close without replacements in place. Inflation is shooting up. The avalanche of pettifogging regulations will continue to grow. We can expect to be tested and attacked by our international adversaries, and that’s not good for business.

    Is Obama going to pay for your gas and your mortgage? Is he going to extend your unemployment benefits? Not so much. He won. He doesn’t need you anymore.

    ReplyReply
  26. Cary says: 25

    @Wm T Sherman:

    I’ve been coming to this site for many years. Troll? Okay, you keep the finger pointing as I said in a previous comment. Don’t let me interrupt your paranoid tantrum and delusions of the upcoming apocalypse. Carry on…

    ReplyReply
  27. drjohn says: 26

    @Cary:

    Really? If you actually believe that those are the ONLY issues that matter to the left, you’ve not been paying much attention

    Polls said that Romney was more trusted with the economy.

    It was the penny ante issues that got Obama elected. it was small ball, and it was Romney trying to be a moderate instead of a conservative. Obama was a rabid liberal and he got his base fired up- once again expecting him to furnish them a living as he did the first time.

    Liberals are particularly stupid.

    ReplyReply
  28. Cary says: 27

    Liberals are particularly stupid.

    You win.

    ReplyReply
  29. Wm T Sherman says: 28

    Cary:

    I was referring to multiple sites and to multiple persons posting, not just one. A general phenomenon. We lost, but instead of ignoring us, the opposition hates us worse than ever. For some reason you thought I was talking about you. If you would like to be included in that characterization, be my guest. I have scarcely seen you here. If you come once or twice a year then you have not “been coming here for years.” you have been coming once in a great while when you feel you have a reason, such as the victory of your messiah. In fact it was dishonest of you to claim to be a regular.

    Your argument is not with me. It is with the Gods of the Copybook Headings. Whatever empty accusations you hurl will not change that, no matter how good it makes you feel for a short while.

    ReplyReply
  30. Cary says: 29

    @Wm T Sherman:

    Think whatever you’d like, if it somehow makes you feel better. I come as often as I can, and I’ve been here quite a bit. Perhaps less now than I used to, because of a busy life, but still frequently. I’m not going to sit here defending myself over a pointless argument. When Curt asks me not to post, that’s when I’ll stop.

    ReplyReply
  31. Wm T Sherman says: 30

    Cary:

    I didn’t ask you to stop. That is your invention.

    ReplyReply
  32. Cary says: 31

    @Wm T Sherman:

    Thanks for clearing that up. I look forward to a productive discussion in the future with you.

    ReplyReply
  33. Wm T Sherman
    you are right, we see a big traffic of the regular libs which have increase their visits
    only after they won the election,
    and all the CONSERVATIVES HERE CAN ATTEST TO IT
    IT STARTED AS SOON AS THE ELECTION WAS CALL,
    YES CARY IT’S TRUE.

    ReplyReply
  34. Cary says: 33

    @ilovebeeswarzone:

    Bees,

    You know full well I was here before the election. I have periods when I’m here more often and periods when I’m around less… but you know exactly who I am! I don’t know about any others you may be referring to, but you know I’m not new here. This is a pointless argument that distracts from the actual topic, so this is my last comment on this thread.

    ReplyReply
  35. DrJohn,

    His approach was and still is to lie. Or else he is plain stupid.

    No longer in doubt, . . . it’s both.

    @Wm T Sherman: #24,

    scapegoats are going to be needed to take the blame for all the horrible crap that’s about to unfold. . . . . . He doesn’t need you anymore.

    Rather prescient.

    Wall Street now owns the White House and The Bernanke is guaranteeing more billion dollar bonuses, meanwhile, small and medium businesses are going to hurt badly. Large businesses who didn’t support Obama will regret it. This Administration has already begun its revenge on whoever didn’t support it.

    Obama today pretends to “invite” business leaders for a meeting. Guaranteed no one will say a single word which can be construed as negative. This Administration has already proven it is vindictive, . . . just ask any business owner for truth, and now with a second term, a shitstorm is coming from this Oval office. It hates business, and hates capitalism.

    ReplyReply
  36. CARY
    I know you where here since many years,I was not saying it that way,
    WHAT I notice is that as soon as the election was called the ones who
    come on a regular time, all converse here at an increase time,
    it was a remark not to insult, just noticeble
    it just happen strange but real,
    don’t be offended , it was notice by a few,
    and why is it? we just trying to find out,
    don’t take it wrong, you have your friend here outside of politic face up.
    bye

    ReplyReply
  37. Cary says: 36

    @ilovebeeswarzone:

    Thanks Bees. :)

    ReplyReply
  38. Liberal1 (Objectivity) says: 37

    I think we’re going to see a reduction in efficacy of the news-entertainment political complex (as David Frum calls it), like this one and many others. If they don’t start to deal with the facts, and offering some real solutions—rather than the same old drivel—then they’re readership and listenership is going to decline and be further relegated to the darkest reaching of the extremist wing of the hyper-conservative party.

    ReplyReply
  39. Liberal1 (Objectivity) says: 38

    @Nan G: How much free stuff have you taken? It seem to recall you saying that there was a time when you took food stamps. I’m sure plenty of free stuff has gone around the people on this site.

    ReplyReply
  40. Liberal1 (Objectivity) says: 39

    @johngalt: Romney couldn’t get traction because he really didn’t have a plan—other that going back to the previous administration’s plan (which caused this problem in the first place). Women’s rights and immigration are actually part of an economic plan. For example, if a woman’s right to equal pay with men for equal work were enforced—which Romney did not support—it would raise the tax base of women.

    ReplyReply
  41. LIBERAL1
    WHAT IS THE OBAMA PLAN? tell us lad,
    MITT ROMNEY’s plan WAS SIMPLE for all to understand,
    including the LATINOS WHO WANT TO IMPROVE THEIR LIFE,
    THAT IS, BRING THE COMPANIES BACK TO THE USA,
    and instead of sinking them with regulations ,
    he would encourage the creation of good paying jobs that last a life time,
    not those OBAMA HALF jOBS OR THOSE COMPANIES WHO BANKRUPT RIGHT AFTER THEY GET THE BILLIONS FROM THE TAXPAYER’S POCKETS
    do you get it now?

    ReplyReply
  42. Wm T Sherman says: 41

    @Liberal1 (Objectivity):

    More of the same. Your side won, you say we’re irrelevant, but you come here anyway. A lot.

    That roaring sound in the background is the floodwaters rising. You are ecstatic at playing a tiny part in the dam break, but do not connect the one with the other. Every moment you spend shouting at us contemptuously for our failed attempts to hold the dam together for a while longer is a moment spent not hearing the approaching flood. Bask in the afterglow while you can. Again: Your messiah will not save you. He doesn’t need you anymore.

    ReplyReply
  43. Hard Right says: 42

    I doubt rasing taxes on the “waelthy” will raise 70 billion. Such projections are usually much too high.

    ReplyReply
  44. johngalt says: 43

    @Liberal1 (Objectivity):

    You provided the same soundbite material that won the election for Obama, including the soundbite about the “previous administration”. Congratulations.

    I gave credit to Obama for running a more effective campaign. He did. Can’t deny it.

    The problem with your statements is the same, though, that Obama had when he used them. Romney DID, in fact, have a “plan”. What is Obama’s plan? Give more “stuff” away for free and sell it to the people that the “rich” will pay for it? Some plan. Might as well call us Greece right now.

    ReplyReply
  45. Richard Wheeler says: 44

    Cary Thanks for all you did for those affected by Sandy in N.Y. Yours is a great story and I for one always appreciated your input. THANKS AGAIN

    ReplyReply
  46. I just heard a good one from JAE LENO; I CAN’T UNDERSTAND THIS,
    THEY ALL TALK ABOUT THE CLIFF, THAT IS IN ALL THE NEWS,
    AND WE HAVE A PRESIDENT WHO WAS ELECTED FOR GOING FORWARD,

    ReplyReply
  47. Smorgasbord says: 46

    The democrats didn’t have to fool all of the people all of the time, they just had to fool enough to get reelected, and they did.

    ReplyReply
  48. Ditto says: 47

    I think I’ve figured out how Obama turns 70 billion into 1.25 trillion. First he ordains that the Treasury lay 70 billion at his feet (to be later repaid with taxes on the 1%). Obama has the 70 billion converted to gold then calls the Federal Reserve. Bernanke calls up the Government Mint and orders them to print and deliver 1.25 trillion in new bills. Obama gives Bernanke the gold, Bernanke gives Obama the fresh new bills. “Wink, wink. Nod, nod.”

    They both smile and announce “Voila!!!”

    Obama then passes an executive order essentially saying “Quick give this 1.25 trillion to the Chinese for pay on the debt and ask them for another loan for double that.” He then calls Harry Reid so that they can deem even more entitlement spending. The two of them call the MSM and announce that they’ve reduced the debt.

    When the public learns about the new debt, the Dems blame it on Bush.

    ReplyReply
  49. Cary says: 48

    @Richard Wheeler:

    Thanks, Richard. I appreciate that.

    ReplyReply
  50. about JAY LENO, QUOTE,
    if OBAMA GOES FORWARD FALLING IN THE FISCAL CLIFF,
    DOES THE LEMMINGS WILL ALL FOLLOW HIM IN THERE DOWN BELOW,
    AS IT’S PROPER TO DO IN NATURE, WITH THEIR CONTERPART?
    JUST WONDERING. IF THEY ALL FOLLOW,
    HE WILL BE BURIED UNDER WITH TONS AND TONS OF LEMMINGS

    ReplyReply

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