Day: May 23, 2012

Obama spending binge never happened!

Apparently, when it comes to spending,  President Obama is our most frugal president since the Reagan administration.   However, Mitt Romney and Fox News are saying just the opposite.

Remember this:

Lies!

Market Watch

Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree.

As would-be president Mitt Romney tells it: “I will lead us out of this debt and spending inferno.”

Almost everyone believes that Obama has presided over a massive increase in federal spending, an “inferno” of spending that threatens our jobs, our businesses and our children’s future. Even Democrats seem to think it’s true.

Government spending under Obama, including his signature stimulus bill, is rising at a 1.4% annualized pace — slower than at any time in nearly 60 years.

But it didn’t happen. Although there was a big stimulus bill under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s.

Even hapless Herbert Hoover managed to increase spending more than Obama has.

Here are the facts, according to the official government statistics:

 In the 2009 fiscal year — the last of George W. Bush’s presidency — federal spending rose by 17.9% from $2.98 trillion to $3.52 trillion. Check the official numbers at the Office of Management and Budget.

 In fiscal 2010 — the first budget under Obama — spending fell 1.8% to $3.46 trillion.

 In fiscal 2011, spending rose 4.3% to $3.60 trillion.

 In fiscal 2012, spending is set to rise 0.7% to $3.63 trillion, according to the Congressional Budget Office’s estimate of the budget that was agreed to last August.

 Finally in fiscal 2013 — the final budget of Obama’s term — spending is scheduled to fall 1.3% to $3.58 trillion.

Read the CBO’s latest budget outlook.

 

Since then, spending growth has been relatively flat.

Over Obama’s four budget years, federal spending is on track to rise from $3.52 trillion

The big surge in federal spending happened in fiscal 2009, before Obama took of to $3.58 trillion, an annualized increase of just 0.4%.

There has been no huge increase in spending under the current president, despite what you hear.

Why do people think Obama has spent like a drunken sailor? It’s in part because of a fundamental misunderstanding of the federal budget.

 Page 1Page 2

Related articles

Forget The Birthers, Meet The SAT Truthers!

This is undoubtedly the most outrageous show of disdain for President Obama to date…

Outside The Beltway

As part of the ongoing absurdity that is Bretbart.com’s series “The Vetting,” Charles C. Johnson is demanding to see the President’s SAT scores:

President Barack Obama is hailed by his supporters and the mainstream media as one of the most brilliant men ever to hold the office. However, his refusal to release his academic records, his admitted deficiencies as a student, and his frequent factual errors–even in his chosen field of constitutional law–have cast doubt upon his supposed genius. Now, Breitbart News has established that Obama’s grades and Scholastic Aptitude Test (SAT) scores may have been even lower than those of his supposedly less capable predecessor, George W. Bush.

Breitbart News has learned that the transfer class that entered Columbia College in the fall of 1981 with Obama was one of the worst in recent memory, according to Columbia officials at the time.

A Nov. 18, 1981 article in the Columbia Spectator, “Tight Housing Discourages Transfer Applications to CC,” written by student Jeremy Feldman and quoting admissions officials, reported: “On paper at least, the quality of the students accepted [as transfers] has declined along with the number of applicants, the officials say.”

Feldman, quoting Robert Boatti, Assistant Dean of Admissions, as well as the late college Dean Arnold Collery, continued:

Boatti also attributed the drop in transfer application to the College’s policy of requiring transfer students to take courses in its core curriculum and to the limited availability of financial aid for them.

He added a “majority” of the transfers come here from college in the New York area. Many come from community colleges, rather than the nation’s top schools.

“Even the unhappiest people don’t transfer from Harvard,” Boatti said.

In grades and other indicators of academic performance, the crop of transfer applicants “doesn’t stand out the way they did before,” [Dean Arnold] Collery said.

Boatti confirmed Collery’s observations.

Among accepted transfer students, the average combined math and verbal score on the Scholastic Aptitude Test is a 1,100 and their grade-point average at their former schools is about 3.0, Boatti said.

The freshman class at the College had a combined SAT score more than 100 points higher.

Only 450 students applied to transfer to Columbia in 1981 and sixty-seven were admitted, according to the Columbia Spectator, compared to 650 applicants just four years before.

If Obama’s SAT scores were near the average of the transfer students entering Columbia in the fall of 1981, he would have scored significantly lower than George W. Bush, whose combined math and verbal scores were 1206 out of a possible 1600 points (as revealed by the New Yorker in 1999).

Seriously folks, this is what you’re spending your time on these days? What’s next, a demand for a complete record of finger painting done by a young Barack Obama to determine whether he may have been using the color red too much?

The stupid, it hurts.

Shocking! 3 More George Zimmerman Witnesses Change Their Stories!

George Zimmerman witness

NewsOne

A few days ago, the news broke that Witness #6 had changed his story  in the George Zimmerman case. In a shocking turn of events, three more witnesses have also changed their story, and their new version of events will likely be damaging to Zimmerman’s defense ,according to the Chicago Tribune.

Since Zimmerman has been charged with second-degree murder, investigators had a number of witnesses who went on record corroborating Zimmerman’s claim that he shot unarmed teen Trayvon Martin with a single bullet in self-defense.

Now, Witnesses 2, 12, and 13 have changed their accounts, with Witness 11′s latest account being the most damaging. Witness 2 reportedly lives in the Twin Lakes community, where Trayvon was murdered. She has been interviewed by authorities three times. Initially, she told investigators,”I saw two guys running. Couldn’t tell you who was in front, who was behind.” She then went on to say that she only saw fists that she couldn’t tell apart, “[I] saw a fistfight. Just fists. I don’t know who was hitting who.”

In her second interview, Witness 2 added another detail, explaining that both Trayvon and Zimmerman were 10 feet apart. In her final interview, though, Witness 2 said that she no longer saw two people running, only one, “I couldn’t tell you if it was a man, a woman, a kid, Black or White. I couldn’t tell you because it was dark and because I didn’t have my contacts on or glasses. … I just know I saw a person out there.”

With Witness 12, who reportedly lives in the same neighborhood as the fatal incident, she said she witnessed two people on the ground but wasn’t sure if Trayvon or Zimmerman was on top, “I don’t know which one. … All I saw when they were on the ground was dark colors,” she said.

In her subsequent interview, though, she identified Zimmerman as the aggressor, after being able to observe both of their sizes, “I know after seeing the TV of what’s happening, comparing their sizes, I think Zimmerman was definitely on top because of his size.”

Witness 13 is said to have the most-damaging account to Zimmerman’s case.

He says that Zimmerman talked with him after the shooting, saying, “[Zimmerman said Trayvon] was beating up on me, so I had to shoot him.”

In his most-recent account, though, Witness 13 added that Zimmerman acted as if the murder was no big deal and then asked him to call his wife. The Chicago Tribune reports:

Zimmerman’s tone, the witness said, was “not like ‘I can’t believe I just shot someone!’ it was more like, ‘Just tell my wife I shot somebody…’ like it was nothing.”

Clearly, Zimmerman’s defense has a growing problem.

Witness 2′s account could easily be interpreted as Trayvon running away from a crazed volunteer neighborhood watchman with a gun. Obviously, Witness 12′s observations are even more damaging. She suggests that Zimmerman was on top, once again corroborating the prosecution’s claim that Trayvon was in the fight of his life, attempting in vain to defend himself against Zimmerman. Then there is Witness 13, whose portrayal of Zimmerman chimes with the idea that he is a crazed racist who thought he could hunt, assault, and shoot any random Black male at the drop of a dime.

With hope, Zimmerman’s trial will unearth the truth for all to see, but if these developments keep going in this direction — in addition with the news that Zimmerman was on mind-altering prescription drugs when he killed Trayvon — Zimmerman may not find it so easy to get off in the murder of Trayvon Martin after all.