Diane Sawyer reporting on U.S. bridge projects going to the Chinese… NOT Americans.
The bridges are right here in the U.S. and yet Obama has approved for Chinese contractors to come in and do the work. What about jobs for Americans??? Watch this video. It doesn’t take long to view.
This one should be tough for the supporters of the current regime to swallow….AND it comes from ABC NEWS…no Snopes or Wikileaks on this one!! U.S. Bridges and Roads Being Built by Chinese Firms Shocking to say the least!
This video is a jaw-dropper that will make you sick. (It was also shocking that ABC was actually reporting this story.) The lead-in with Obama promising jobs in the U.S. by improving our infrastructure is so typical of all his promises! Our tax dollars are at work – for CHINA!!!
I pray all the unemployed see this and cast their votes accordingly in 2012! Click here: U.S. Bridges, Roads Being Built by Chinese Firms | Video – ABC News
Filed under: Conservative Perspective, The Left, US Economics, US Politics
Economics prof learns about how the youth now feel… S C A R Y !!!
http://www.youtube.com/watch_popup?v=VxHfYNTrnic
By Joe Davidson, Published: January 11
While Republican presidential hopefuls are talking about pink slips and the joys of firing people, many agencies in the Obama administration are quietly paying employees to leave their jobs.
Buyouts and early retirement programs are the scalpel Uncle Sam uses before he has to turn to the hatchet of layoffs.
“I don’t think it is any secret that going forward the federal government will be on a strict diet and will require some belt tightening,” said John Berry, director of the Office of Personnel Management.
Federal-employee belts are the ones likely to get a lot of that tightening because the salary lines of agency budgets consume a lot of money.
OPM uses two tools to help agencies reduce their staffing levels without resorting to pink slips and firings. One is the Voluntary Separation Incentive Payments (VSIP) program, which is government-speak for buyouts. Employees can get up to $25,000 to quit. The other is the Voluntary Early Retirement Authority (VERA), which allows workers to get annuities years earlier than usual.
These programs give agency officials “the flexibility to respond to the budget situation,” Berry said, allowing them to create a “glide path” to workforce reduction rather than the crash that layoffs would be.
But if the two V’s don’t get the job done, he added, “agencies do have the tool box, which we all know goes in the direction of reduction in force” or RIFs, which means pink slips.
“Our hope is through creative use of VERA and VSIP authority and workforce strategic planning that agencies will be able to respond to the . . . ’12 and 2013 budget years without having to move into more drastic approaches like reductions in force,” he said, adding: “There may be cases where people, they’ve done all they can do with VERA and VSIP and will have to look at other options.”
OPM has a strike team to provide quick responses to agency requests for buyouts and early retirements. “We’ve approved quite a few of them, and we’ve managed a pretty good turnaround time on almost all of those,” he said. “We know, done well, this is the best way to respond to this and allow you to design your workforce to address your budget.”
Despite the increased budget pressures, he doesn’t expect the number of buyout and early retirement requests from agencies to be dramatically higher this year than last.
“It’s not a cliff,” he said.
Jack Lew, the Office of Management and Budget director, whom President Obama has named to be his chief of staff, understands how important career employees are and knows “that jarring impacts can really upset the system,” Berry added. “He recognizes we’ve got to have a tighter, leaner government, but we can do that responsibly without creating chaos.”
In fiscal 2010, OPM gave 14 departments permission to offer buyouts: Agriculture, Commerce, Defense, Energy, Education, Health and Human Services, Homeland Security, Housing and Urban Development, Interior, Justice, Labor, Treasury, Transportation and Veterans Affairs.
The same agencies were allowed to offer early retirement, except for Defense and Health and Human Services.
The next year, a dozen departments, including several of the same ones, got the okay for buyouts from OPM: Agriculture, Commerce, Defense, Energy, Education, Health and Human Services, Housing and Urban Development, Interior, Justice, Labor, Treasury and Veterans Affairs.
For fiscal 2011, all of those departments, except the Pentagon, were granted early retirement authority, and Homeland Security was added to that list.
OPM does not have the number of employees who potentially could get a buyout or an early retirement offer from their agencies.
Despite the early outs, the overall number of federal workers may not decline, at least not by much.
The White House budget plan for this fiscal year projected an increase in federal employment to 2,116,000, from an estimated 2,101,000 in fiscal 2011, not including the Postal Service. But those projections were made before the budget battles between Democrats and Republicans and the threat of automatic spending cuts to reduce the deficit.
“That being the case, I think the 2012 estimate is probably a bit high,” said John Palguta, a senior vice president of the Partnership for Public Service, a think tank that focuses on federal workplace issues. (The Partnership has a content sharing relationship with The Washington Post.) “My prediction is that the size of the federal workforce . . . at the end of FY 2011 will be the high water mark. I think we’ll see a small dip in FY 2012 and a bigger dip in FY 2013.”
Closing note: According to White House data, the number of federal employees in 2011 was less than in 1985, under former president Ronald Reagan, whom Republicans consider to be the godfather of small government, despite a national population that is about 30 percent larger now.
Filed under: Conservative Perspective, Humor (If one can laugh at such a serious situation), US Economics
Lesson #1:
Why the U.S. Credit was downgraded:
• U.S. Tax revenue: $2,170,000,000,000
• Fed budget: $3,820,000,000,000
• New debt: $ 1,650,000,000,000
• National debt: $14,271,000,000,000
• Recent budget cuts: $ 38,500,000,000
Let’s now remove 8 zeros and pretend it’s a household budget:
• Annual family income: $21,700
• Money the family spent: $38,200
• New debt on the credit card: $16,500
• Outstanding balance on the credit card: $142,710
• Total budget cuts: $38.50
Got it?
OK now Lesson # 2: Common Sense
Here’s another way to look at the Debt Ceiling:
Let’s say, You come home from work and find there has been
a sewer backup in your neighborhood….and your home has
sewage all the way up to your ceilings.
What do you think you should do?
1. Raise the Ceilings, or
2. Pump out the sewage
Your Choice is coming November 2012.
I’m not sure if this is parody or not… but I’ll take it as gospel, just as it is!
Watch, listen, and get mad!
http://www.youtube.com/watch_popup?v=xOAgT8L_BqQ&feature=player_embedded
American businessmen should be applying this approach to all their business as much as practical. Eventually American industry might catch on and increase users/consumers demands, expanding our industrial base, bcoming more competitive and innovative and creating jobs HERE.
A great idea!!!
http://cdnapi.kaltura.com/index.php/kwidget/wid/0_04vzdsr5/uiconf_id/5590821
Filed under: Conservative Perspective, Obama Stuff, The Left, US Economics
November 29, 20111
ICYMI: Cato Institute, FOX News Analyst Highlights Government Gone Wild Video
Tallahassee—Daniel J. Mitchell of the Cato Institute weighed in today on Government Gone Wild’s most recent video, calling it one of the best videos on bureaucratic spending—in fact, second only to his own video.
“This is the second-best video I’ve ever seen on the bloated and overpaid government workforce,” notes Mitchell, a Senior Fellow at Cato Institute, Washington’s premier free-market think tank. “I especially like how he understands that the problem is the size of government and I also admire his recognition that Republicans often are just as bad as Democrats.”
Florida-based Government Gone Wild, a non-partisan movement aimed at educating citizens about the national debt and out-of-control government spending, produced the video, entitled “Special Interests…Exposed!” Government Gone Wild has exploded onto the grassroots Conservative scene, garnering millions of hits online and a recent feature on the Drudge Report.
“This video highlights an alarming trend: the era of enormous government and entrenched government workers,” explained Blaise Ingoglia, founder of Government Gone Wild. “The numbers speak for themselves, and here is a perfect example: As Americans have struggled to pay the bills under the current recession, the Transportation Department has gone from one employee making over $170,000 a yearto 1,690 employees making that amount. Why do we need that many astronomical bureaucratic salaries?”
Other highlights of the video include:
· The Department of Defense had 1,868employees making over $150,000 a yearwhen the recession started. Today, that number is 10,100 employees.
· Since this recession started, the number of federal employees making more than $100,000 a year has doubled…in less than two years.
· The average total compensation for a private sector employee in 2009 was $61,000.00, compared with $123,000.00 for a federal employee.
· With approximately 21,300,000 government employees in this country, that means that about 16% of this nation’s voting electorate works for government.
“If you count spouses or other family members, that means at least32%of the voting electorate will be likely to come out and vote against candidates who propose cutting government spending,” concluded Ingoglia. “That is a big block of people—and the hidden danger of big government.”
Sincerely,
Blaise Ingoglia, Founder
Government Gone Wild!
If you only check one email, watch this very sobering, frightening video. Folks, we are all in this together. It’s worth a listen, the message is sobering but true. This is very short, but a MUST listen.
http://www.youtube.com/watch_popup?v=qtjfMjjce2Y
Did you notice who Obama threatened when he wasn’t getting his way on raising the debt ceiling?
He threatened to not pay: Social Security Retirees, Military Retirees, Social Security disability and Federal Retirees.
Now…Let this sink in really well -
He did not threaten to stop payments to illegal aliens.
He did not threaten to take frivolous benefits such as Internet access away from violent inmates.
He did not offer to fire some of the thousands of unnecessary federal employees that he hired .
He did not offer to cut down on his or his wife’s frivolous gallivanting around the country and the world.
He did not threaten to not pay the senators and representatives or any of their staff.
He did not threaten to take benefits away from welfare recipients.
He did not threaten the food stamp programs.
He did not threaten to not pay foreign aid.
He did not threaten to cut back on anything that involves his base of voters.
The list could go on and on. He is in full political re-election mode!
* Why are we allowing this person to destroy this wonderful country with his selfishness and lies?
* His type of change is killing our country. He needs to be stopped and only our votes can stop him.
* Do not forget about his tactics when it’s election time. Vote Obama out of the Presidency in 2012.
* LET’S MAKE 2012 – THE END OF AN ERROR!
Democracy… is two wolves and a lamb voting on what to have for lunch. Liberty … is a well-armed lamb contesting the vote.” — Benjamin Franklin
AMERICA…HOME OF THE FREE BECAUSE OF THE BRAVE.
PRAY FOR OUR TROOPS.
Filed under: Humor (If one can laugh at such a serious situation), US Economics
Here is a crude but effective way to look at the debt ceiling — maybe even Liberals might understand it!
Suppose you come home from work and find there has been a sewer backup in your home, and you have sewage up to your ceilings.
What do you think you should do??
A. raise the ceiling?
B. pump out the sewage?
“It is not fair that Warren Buffet gets to pay a lower tax rate than his secretary” is the class warfare battle cry these days. To the uninformed, which liberals routinely prey on, this sounds like a good idea but we must remind them that Obama is not comparing apples to apples. His secretary is most likely in the 28% income tax bracket while Buffett himself is taxed at the 15% capital gains tax rate. Investment in the private sector creates jobs and these investors need a financial incentive to risk their capital.
So the headline now becomes “Warren Buffet wants Congress to raise taxes on the rich”. Of course he does…the higher the tax rates go the more money he makes! His company, Berkshire Hathaway, sells tax insurance planning products to the rich. And…he has already made his fortune! What more would a super wealthy, billionaire investor like Warren Buffet want than for the Federal government to make it harder for others to catch up to him. Any new legislation written by Congress regarding the raising of the capital gains rate would most likely grandfather in those investments already made and tax any new investment at the new, higher rate. If not, then there would be a massive sell-off on Wall Street to beat the new tax and some of that money will leave our shores and goes to places like India.
For more proof that Buffett is only out for his own wallet look no further than the fight over the estate tax. Most conservatives, like me, are against this tax because, in my opinion, it is unethical and immoral for the government to confiscate someones wealth simply because he or she has stopped breathing. Now if you think that a multi-billionaire investor like Warren Buffet would be staunchly against this tax…you would be wrong! The death tax is so lucrative for him that his companies actually spend millions lobbying Congress to vote against repealing it because they sell a form of life insurance to the rich to cover the amount of “death” taxes that would be imposed. Buffett also owns NetJets which leases private jets to the rich and large corporations. Did you know that he against Obama’s plan to eliminate the private jet tax break? Hmmmmm….
Obama and big government are actually helping the rich and super-rich retain and acquire more wealth. They have been doing this since the beginning of time and now one of the richest men in the world has a willing partner…our own President!
Blaise Ingoglia, Founder, Government Gone Wild!
The American People need this information in the light of all the destruction that these Government Mortgage Entities have caused our country and the entire world.
http://www.youtube.com/watch_popup?v=cMnSp4qEXNM&NR=1
Our government has tried to coerce the economy to do what it wants and the economy refuses to cooperate. During the last two plus years, the government has spent trillions of dollars in an effort to jump start the economy and the economy remains in the doldrums. How can that be? Some of the greatest minds in the economic field have opined that the government is the key to turning around the economy. Spend, spend, spend has been the approach and yet the economy remains stagnant. Where does the government get the money that it is throwing at the economy? The government either borrows, taxes, or prints the money that it spends. Lately, most of the money is borrowed or printed and both of these increase our debt.
Until recently, it was understood that the economy much like life, had phases that occurred on a regular basis. There would be ups when everything looked rosy and growth took place. People prospered and good times seemed to be the routine. That would be followed by downs when everything looked gloomy and losses followed. Life is also much like that. Think about it. When one starts school, one is at the bottom of the totem pole and then after a few years one is a senior in elementary school. Wow! What a deal. Then, one is again at the bottom in middle school for a couple of years and becomes top dog for the final year. Ugh! High school and once again one is at the bottom until senior year when things and prospects soar. That is life and it cannot be changed. That particular scenario continues throughout life as one enters a career, goes to college, or enters the military. The ups and downs can be alleviated but they can not be eliminated.
If one could control the economy or any other aspect of life, then there would be no poor, famines, or war and all economies would continue to prosper. Look at history. Famine, war, and misery have been recorded throughout history. Some areas of the world have been more susceptible than others, but most have not been immune. The United States has been blessed because of its weather, oceans, and rivers. Those elements have allowed food to be produced and transported cheaply unlike any other country in the world. Look at population centers throughout our country. They are along the coasts and rivers where transportation is plentiful. Our economy grew because of those strengths, but even then, bad weather, war or other elements beyond our control caused the economy to drag at various times throughout our history.
When one looks at history, it is obvious that the phases of growth in an economy are routine. This is the longest recession in our history and it seems that the more the government tries to interfere, the worse that it becomes. Businesses and individual people are undecided about how to act because they are not sure about what the government will do next. Until that uncertainty is relieved, this recession will continue. People are sitting on any savings that they may have and businesses are content to wait for better times.
Colonel Don Myers, USMC (ret.)
Mike Kelly is a Chevy/Cadillac dealer in western Pennsylvania… got himself elected to congress last term…. listen to him take the entire congress to the “woodshed”..
I am becoming a fan of this guy since seeing this video.click on the pawatercooler icon… he’s shockingly good!
http://pawatercooler.com/v3/?p=22696
