As if “I will save or add 160,000 jobs” wasn’t bad enough, Barack Hussein Obama (as he called himself in Egypt) now says the Stimulus has done it’s job! YGBSM!

Well… Let’s See…

U.S. mortgage applications fall to 7-month low for June

Homes lost value again in June…  Lost value in the Trillions

The Department of Labor Reports Unemployment at 9.5% for June and Weekly Jobs lost at 614,000 for a total of 14.7 million unemployed…  Unemployment was 6.5 million in December 2008.

GAO estimates only $19 billion of $787 billion porkulus package has been spent; jobs outlook remains grim; Half the $70 Billion in TARP went to bail out Chrysler and GM

What Barack Hussein Obama is taking credit for is actually $6 Billion dollars in dividends according to the GAO, accrued on TARP I funds passed out during the Bush administration that the major banks wanted to repay, but Tax Cheat and Secretary of the Treasury, TurboTax Geithner didn’t want them to do this…  

However, instead of returning these funds and profits to the Treasury General Fund to pay down the National Debt as spelled out by Congress in a law signed by none other that Barack Hussein Obama…  Congressman Barney “Subprime Debacle” Frank wants to highjack these funds before they’re returned to the Treasury and use $1.5 Billion to fund a Community Stabilization Trust Fund, *Dayum! Don’t that sound like ACORN); $1 Billion to make condo’s more affordable to folks on welfare… and $4 Billion to help subprime loan holders make their mortgage payments.  Source – The Congressional Record – Government Printing Office at gpo.gov.

Meanwhile, the FY-2010 budget has a 1.75 trillion dollar deficit and the National Debt has grown to $11.552 Trillion dollars

The chosen one says he doesn’t want to run the auto industry yet Chrysler and GM are Bankrupt, GM is now under Government control, and the administration gave the majority of the remains to the UAW screwing the other unions in the administration controlled bankruptcy

The government still can’t run a railroad after 38 years in control of AMTRAK at a taxpayer cost of $1.5 Billion dollars a year, yet under the hopey changey thing, it now runs the major banks and other financial institutions, an auto maker, and it wants to take over healthcare, tax the oil and energy industries into submission with a regressive carbon tax.

He promised a transparent administration with no lobbyists no new tax for the middle class, and a 6-day period to review legislation before he signed it…  Yet he’s hired more tax cheats and lobbyists than any other administration, increased the tax on cigarettes to $105 per thousand, and failed to meet his 6-day review promise on every major spending bill.

On top of his transparency claim, he’s sacked another Inspector General (At least the 4th but who’s counting… and this time it’s AMTRAK) and replaced the old IG with liberal political hack…  See link:

Multimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to or

The list goes on…  It takes a very warped logic to spin any of this into a positive outcome as a result of the porkulus a.k.a. Stimulation debacle passed by a politburo and signed into law by a Marxist trained community organizer steeped in Anti-Semitism and liberation theology in the White House, none of whom took the time to read it…

Meanwhile…  Just in case you start to get a warm fuzzy heading into the 4th of July and a celebration of Independence Day with all it stands for in freedom from tyranny…   From the lips of Attorney General Eric Holder who said “America is a nation of cowards” comes… “Whites and Ministers will not be protected by proposed hate crimes legislation.” Attorney General Eric Holder testified to the Senate Judiciary Committee on June 25 and gave startling testimony that means Christian ministers and whites will not be protected under the hate crimes statute proposed by the Department of Justice.  Source C-SPAN and the Congressional Record at the Government Printing Office - gpo.gov.

Take care…  and BOHICA!

V/R, Batch

Monty,

As I've said many times...  I do my own analysis...  and I frequently beat Rush to the punch.

Bend Over Here It Comes Again (BOHICA) is far from a political slogan...  It's a genuine caution I freely offer... You can take it or leave it...  Your choice...

Here is another example of redistribution of wealth from the Crap on Trade Carbon Tax legislation that's essentially a welfare bill your beloved idiots in the politburo passed without reading.  The “Energy Refund Program for Low-Income Consumers” provision of this awful legislation clearly shows the idiots in the politburo embrace the same ideology as the Marxist trained community organizer who’s steeped in Antisemitism and liberation theology…  a.k.a. Apologist in Chief...

With the National Association of Housing and Redevelopment Officials (NAHRO) statistics indicating nearly five million subsidized households across the US that would qualify under this provision as they have gross incomes that do not exceed 150% of the poverty line, you’re going to start paying an additional tax to pay the $500 per family called for in this provision.  

When you add in the full amount needed to fully fund Project-Based Section 8 in FY 2009 at $9.8 billion in subsidies that you’re already paying for each family that qualifies for section 8 housing according to the GAO, your tax liability for this redistribution of wealth entitlement will climb to $12.3 Billion dollars a year the day the Crap on Trade Carbon Tax becomes public law no matter if the idiots in the politburo make a dime trading frozen flatulence…


HR 2454
1  SEC. 432. ENERGY REFUND PROGRAM FOR LOW-INCOME
2  CONSUMERS.
3      (a) ENERGY REFUND PROGRAM.—
4            (1) The Administrator of the Environmental
5            Protection Agency, or the agency designated by the
6            Administrator shall formulate and administer the
7            ‘‘Energy Refund Program’’.
8            (2) At the request of the State agency, eligible
9            low-income households within the State shall receive
10            a monthly cash energy refund equal to the estimated
11            loss in purchasing power resulting from this Act.
12      (b) ELIGIBILITY.—
13            (1) ELIGIBLE HOUSEHOLDS.—Participation in
14            the Energy Refund Program shall be limited to a
15             household that—
16                   (A) the State agency determines to be participating
17                  in (i) the Supplemental Nutrition Asistance
18                  Program authorized by the Food and
19                  Nutrition Act of 2008 (7 U.S.C. 2011 et seq.);
20                  (ii) the Food Distribution Program on Indian
21                  Reservations authorized by section 4(b) of such
22                  Act (7 U.S.C. 2013(b)); or (iii) the program for
23                  nutrition assistance in Puerto Rico or American
24                  Samoa under section 19 of the such Act (7
25                  U.S.C. 2028);

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HR 2454
1                  (B) has gross income that does not exceed
2                  150 percent of the poverty line; or
3                  (C) consists of a single individual or a married
4                  couple and (i) receives the subsidy described
5                  in section 1860D–14 of the Social Security Act
6                  (42 U.S.C. 1395w–114); or (ii)(I) participates in
7                  the program under section XVIII of the Social
8                  Security Act; and (II) meets the income requirements
9                  described in section 1860D–14(a)(1) or
10                  (a)(2) of such Act (42 U.S.C. 1395w–114(a)(1)
11                  or (a)(2)).
12            (2) STREAMLINED ELIGIBILITY FOR CERTAIN
13            BENEFICIARIES.—The Administrator, in consultation
14            with the Secretary of Health and Human Services,
15            the Commissioner of Social Security, the Railroad
16            Retirement Board, the Secretary of Veterans Affairs,
17            and the State agencies shall develop procedures to ensure
18            that low-income beneficiaries of the benefit programs
19            they administer receive the energy refund for
20            which they are eligible.
21            (3) LIMITATION.—Notwithstanding any provision
22            of law, the Administrator shall establish procedures
23            to ensure that individuals that qualify for the
24            refund under paragraph (1)(B) and that do not participate
25            in the Supplemental Nutrition Assistance

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HR 2454
1            Program are United States citizens, United States
2            nationals, or individuals lawfully residing in the
3            United States.
4            (4) NATIONAL STANDARDS.—The Administrator
5            shall establish uniform national standards of eligibility
6            in accordance with the provisions of this section.
7            No State agency shall impose any other standard
8            or requirement as a condition of eligibility or refund
9            receipt under the program. Assistance in the Energy
10            Refund Program shall be furnished promptly to
11            all eligible households who make application for such
12            participation.
13      (c) MONTHLY ENERGY REFUND AMOUNT.—
14            (1) MONTHLY ENERGY REFUND.—The monthly
15            refund under this subsection for households of 1, 2, 3,
16            4, and 5 or more members shall be equal to the maximum
17            energy tax credit amount calculated under section
18            36B(c)(4) of the Internal Revenue Code of 1986
19             for each household size, divided by 12 and rounded to
20            the nearest whole dollar amount.
21             (2) MONTHLY ELIGIBILITY.—A household shall
22            not be eligible for the refund under this section for
23            months that the household has not established eligibility
24            under subsection (b).
25      (d) DELIVERY MECHANISM.—

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1            (1) Subject to standards and an implementation
2            schedule set by the Administrator, the energy refund
3            shall be provided in monthly installments via—
4            (A) direct deposit into the eligible house
5            hold’s designated bank account;
6            (B) the State’s electronic benefit transfer
7            system; or
8            (C) another Federal or State mechanism, if
9            such a mechanism is approved by the Administrato.r
.
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And how about that Sara Palin…  She took a page right out of the social progressive play book and announced she would step down as Governor of Alaska on a Friday while all the politburo idiots in the House and Senate are out on high priced junkets flying around the world at taxpayer expense…  

The few remaining idiot pundits in the lame stream media still in town are still sputtering with tired old bromides that Sarah is all washed up and no longer a contender for the White House in 2012…  

Wait until they realize it’s not blood in the water they smell but their own flatulence and soiled depends when they find there’s a barracuda on the loose as a private citizen commanding handsome speaking fees to elect folks to office with common sense…

Take care… and have a wonderful Independence Day celebration…  

Oh yes…  if you still want to believe all the lies put out by the chosen one, the politburo, and the state sponsored media…  spread’em wide and BOHICA…

V/R, Batch