"What luck for the rulers that men do not think." -Adolf Hitler
"I will bring this war to an end in 2009. So don’t be confused." -- Senator Barack Obama

"If you don't like Obama, you is a racist!" -- Kelonda

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"If the government robs Peter to pay Paul, he can count on the continued support of Paul.

Saturday, March 6, 2010

President's 2011 Proposed Budget Sets Wealthy at $190,650

"The definition of a wealthy American acording to President Obama just keeps changing. In the 2008 Presidential race, then candidate Obama, stressed that those making under $250,000 would not see any tax increases. Well, folks, he lied. If you make $190,650 or more you are being targeted as "wealthy" in President Obama's 2011 Proposed Budget."

Dare to Ignore Race

Fannie Mae and Freddie Mac Pushing Banks to Buy Bad Loans

"Isn't this how we got into trouble in the first place?"

CBO Projects President's Budget Will Average One Trillion/Year Deficit

"The Congressional Budget Office completed its scoring of the budget submitted by President Obama. Its projection is a warning that the United States faces real economic trouble. Based on their numbers the United States will be running an annual deficit of approximately One Trillion Dollars/Year (over 60% higher than the President's projection).

"To put that into perspective, during the heavy spending Bush years the highest deficit was $459 billion dollars. Once Barack Obama became President, and was able to get his hands on the second half of the 2009 budget, deficits started exceeding the trillion dollar level. Obama's budget above makes the trillion dollar figure seem common place."