Death by Obamacare
Obamacare will increase the long-term federal deficit by $6.2 trillion, according to a Government Accountability Office (GAO) report released today. Senator Jeff Sessions (R., Ala.), who requested the report, revealed the findings this morning at a Senate Budget Committee hearing.
The report, he said, “confirms everything critics and Republicans were saying about the faults of this bill,” and “dramatically proves that the promises made assuring the nation that the largest new entitlement program in history would not add one dime to the deficit were false.” President Obama and other Democrats attempted to win support for the health-care bill by touting it as a fiscally responsible enterprise.
“I will not sign a plan that adds one dime to our deficits — either now or in the future,” Obama told a joint-session of Congress in September 2009.
“I will not sign it if it adds one dime to the deficit, now or in the future, period.”
The new report exposes the “lack of honesty” surrounding such claims, Sessions argued. “The big-government crowd in Washington manipulated the numbers in order to get the financial score they wanted, in order to get their bill passed and to increase power and influence,” he said. “The goal was not truth or financial responsibility, but to pass the bill. This is how a country goes broke.”
The GAO report is essentially the first attempt to isolate and calculate Obamacare’s impact on the deficit beyond the traditional ten-year budget window. GAO ran two simulations “based on broad sets of assumptions about health care spending and other components of federal spending and revenue” over a 75-year period. First, a baseline-extended simulation, which “illustrates the long-term outlook assuming federal laws (applicable at the time the simulation was run) remain unchanged,” and second, an alternative simulation, which “illustrates the long-term fiscal outlook assuming historical trends and policy preferences continue.”
The baseline scenario is far more optimistic, largely because it does not take into account the concerns — expressed by the Congressional Budget Office (CBO), the Centers for Medicare & Medicaid Services (CMS) Trustees, and Medicare’s chief actuary — about “whether certain cost-containment mechanisms included in PPACA can be sustained over the long term.”
However, the GAO report concluded that even under these “more optimistic assumptions,” Obamacare’s cost-control provisions “were not sufficient to prevent an unsustainable increase in debt held by the public.” source – National Review
Did RINO NJ Gov. Chris Christie go out of his way to hand the election to Obama by lavishing him with praise and physical affection just days before the election? Please note the following article written by liberal news rag Bloomberg on October 31. Sort of makes you wonder how high a price-tag Christie put on the selling out of his conservative loyalties to join with Obama and Liberals.
Definition of RINO: It stands for Republican In Name Only.
From Bloomberg: It took a tragedy to bring them together, but there they were: President Barack Obama and Governor Chris Christie of New Jersey, arm in arm, complete with bro-to-bro handclasp and shoulder pat a week before the election.
Christie blows almost as hard every day as Sandy blew this week. Yet on Tuesday he stopped long enough to tell ABC News that the president, the same man he derided just a few weeks ago as needing a clue, was “outstanding” and that he had formed a great “partnership” with him.
Christie didn’t have to be so grateful or admiring. New Jersey is getting a lot of federal aid, but it’s not getting anything it’s not entitled to. Christie got his state money for recovery efforts that include infrastructure projects, temporary housing, low-cost loans to cover uninsured property loss and assistance to individuals and businesses.
Now Obama knows the feeling of having the Big Guy at your side. For all his bluster, Christie is a comforting presence. During the Republican presidential primaries, Mitt Romney had his best debate performance on the day that Christie endorsed him and then sat in the audience to watch his candidate.
This buddy movie is a campaign ad no amount of money could buy. Christie is treating Obama not as a failed leader but like a commander in chief. And because their partnership is not political, it has had a huge effect on the politics of the moment: a Republican governor rising above partisanship to give credit to a Democratic president, who is locked in a difficult campaign against the man the governor supports.
The timing for Obama couldn’t be better. To make the trip to New Jersey, the president had to give up an appearance with another Big Guy, Bill Clinton, in Florida and Iowa. This non-campaign stop more than made up for it. Wearing a FEMA windbreaker, coming to the scene of a catastrophe rather than campaigning, and doing so with a Republican governor (after all, Obama could have gone to see the devastation in New York with Governor Andrew Cuomo): All of it shows the difference between an incumbent and a candidate.
On Tuesday Christie was asked by Fox News if he’d also be giving Romney a tour of the storm-struck areas. “I have no idea, nor am I the least bit concerned or interested,” he said. ”If you think right now I give a damn about presidential politics, then you don’t know me.”
In September my Bloomberg View colleague Josh Barro wrote that Romney lost the election on the day his dismissive remarks about “the 47 percent” were made public. If Obama wins this election, we may look back at today and say this hug in Brigantine, New Jersey, is the moment that sealed it for him. Obama and Christie made the politics of the presidential campaign look small, and reminded us that politicians care about something more than who’s ahead in Ohio. source – Bloomberg
Twitter sounds off on ‘Crazy Joe’ Biden
“If a wise man contendeth with a foolish man, whether he rage or laugh, there is no rest.” Proverbs 29:9
This is what we tweeted:
“As an American I would like to apologize to the entire free world for the unmitigated embarrassment of having
#barackobama as our president.” – read on Twitter
“#joebiden is rambling like that crazy drunk uncle you always avoided at Thanksgiving. How have we survived 4 years of this stupidity??” – read on Twitter
From Politico: Vice President Joe Biden and Rep. Paul Ryan were the two candidates on stage at Thursday’s vice presidential debate, but a third character emerged: Joe Biden’s laugh, which didn’t escape the notice of tweeting politicos. (And led, of course, to at least three satirical Twitter accounts: Laughing Joe Biden, Biden Smirk, and yet another Laughing Joe Biden.)
Weekly Standard’s Mark Hemingway: “Joe Biden’s laughing through talking about Iran sanctions?”
TIME’s Michael Scherer: “Not sure debate cameras have been light tested for Biden’s teeth. Best to watch with sunglasses.”
Washington Examiner’s Philip Klein: “Biden’s strategy seems to be to laugh at Ryan constantly. Will it work to infantalize Ryan, or backfire like Gore sighing?”
NBC’s David Gregory: “Biden’s smile is out of control.”
BuzzFeed’s Ben Smith: “So did Biden practice laughing at Ryan???”
ABC’s Rick Klein: “Biden on verge of breaking down in laughter when Ryan talks.”
Former Eric Cantor staffer Brad Dayspring: “Joe Biden needs to realize this isn’t a Senate Foreign Relations Hearing. His laughter and condescending attitude is a disaster.”
Radio host Neal Boortz: “Looking like Biden’s gameplan is to laugh his way through this.”
Townhall.com’s Guy Benson: “Will Biden laugh his ass off at the terrible economy, too?”
MSNBC’s S.E. Cupp: “Biden needs to laugh a little less through the Libya, Middle East, nuclear Iran segment.”
Washington Post’s Chris Cillizza: “Ok. I have decided. I find the Biden smile slightly unsettling.”
PBS’ Jeff Greenfield: “Biden has always had a smile that at times is really, really inappropriate.”
Washington Examiner’s Paul Bedard: “Can’t tell yet if Biden’s smirking, laughs, eye-rolling, head shaking, works for him or not against the oh-so-young looking eager Ryan.”
Former White House press secretary Ari Fleischer: “Biden is at risk of having his laugh come across like Gore’s sighs. He should knock it off.”
The New York Times’ Ashley Parker: “Biden’s grin is Chesire Cat caliber.”
Republican strategist Ron Bonjean: “Biden laughing does not come off with the intended effect. It is actually hurting him. Looks very condescending.”
Movie critic Roger Ebert: “Joe! Stop smiling and laughing!”
Washington Times’ Emily Miller: “Biden laughing when he disagrees with Ryan is so annoying. Like a child in time out.”
Washington Post’s Jennifer Rubin: “Biden’s laughing is losing the debate- obnoxious”
Your turn, Iran
Iran has sworn that they would close the Strait of Hormuz if a). Any countries warships entered the Strait of Hormuz, and b). if the EU hit them with oil sanctions. Now BOTH those things have happened, and Iran says that they will “defintitely close the Strait”.
Britain, America and France delivered a pointed signal to Iran, sending six warships led by a 100,000 ton aircraft carrier through the highly sensitive waters of the Strait of Hormuz.
From RT.com: Tensions in the Gulf could reach a breaking point as a senior Iranian official said Iran would “definitely” close the Strait of Hormuz if an EU oil embargo disrupted the export of crude oil, the semi-official Fars news agency reports.
The announcement came in response to a decision by the European Union on Monday to impose an oil embargo on Iran over the country’s alleged nuclear weapons program. “The pressure of sanctions is designed to try and make sure that Iran takes seriously our request to come to the table,” EU foreign policy chief Catherine Ashton said.
However, with Washington’s decision to deploy a second carrier strike group in the Gulf, the EU’s attempt to pressure Iran economically could greatly increase the likelihood of all-out war in the region. source – RT.com
The Strait of Hormuz is the vital link between the Persian Gulf and the Gulf of Oman. It is also one of the most strategic chokepoints in the world when it comes to oil transit. Britain, America and France delivered a pointed signal to Iran, sending six warships led by a 100,000 ton aircraft carrier through the highly sensitive waters of the Strait of Hormuz.
From Telegraph UK: This deployment defied explicit Iranian threats to close the waterway. It coincided with an escalation in the West’s confrontation with Iran over the country’s nuclear ambitions.
European Union foreign ministers are today expected to announce an embargo on Iranian oil exports, amounting to the most significant package of sanctions yet agreed. They are also likely to impose a partial freeze on assets held by the Iranian Central Bank in the EU.
Tehran has threatened to block the Strait of Hormuz in retaliation. Tankers carrying 17 million barrels of oil pass through this waterway every day, accounting for 35 per cent of the world’s seaborne crude shipments. At its narrowest point, located between Iran and Oman, the Strait is only 21 miles wide.
Last month, Admiral Habibollah Sayyari, commander of the Iranian navy, claimed that closing the Strait would be “easy,” adding: “As Iranians say, it will be easier than drinking a glass of water.”
But USS Abraham Lincoln, a nuclear-powered carrier capable of embarking 90 aircraft, passed through this channel and entered the Gulf without incident yesterday. HMS Argyll, a Type 23 frigate from the Royal Navy, was one of the escort vessels making up the carrier battle-group. A guided missile cruiser and two destroyers from the US Navy completed the flotilla, along with one warship from the French navy. source – Telegraph UK
Win one for who..??
You’ve got to be kidding…After over two years of being the first Socialist President, the ugly specter of trying to get re-elected is looming large for George Soros’ puppet, Barack Hussein Obama. So what to do, what to do? Oh…I got it!! Remake yourself as a real American and start copying Reagan…that’ll work. After all, the American voting public is made up of gun-toting idiots who can only cling to their bible and their shotguns down on the farm, right? This ought to be good…
“President Obama recounts an anecdote about the 2004 Democratic National Convention at White House Press Secretary Robert Gibbs’ final press briefing. ”The most challenging problem was what tie to wear. And this went up to the very last minute. I mean, 10 minutes before we were about to go on stage we were still having an argument about ties. I had bought five, six ties. And Michelle didn’t like any of them, Axelrod didn’t like a couple of them — him being one of the best dressed men in the world. So we really valued his opinion.
“And then somebody — I don’t remember who it was — turned and said, ‘You know what? What about Gibbs’ tie? What about Gibbs’ tie? That might look good.’ And, frankly, Robert didn’t want to give it up because he thought he looked really good in the tie. But eventually he was willing to take one for the gipper, and so he took off his tie, and I put it on. And that’s the tie that I wore at the national convention.” source – Real Clear Politics
Click here to read more on the “real” Obama…