O! So anti-business

"Barack Obama is the most antibusiness president in a generation, perhaps in American history," writes Dinesh D'Souza, president of King's College in New York City, in the Sept. 27th edition of Forbes.com Forbes.com. Indeed, BHO is living out the frustrated dreams of his father, who D'Souza describes as a "philandering, inebriated African socialist, who raged against the world for denying him the realization of his anti-colonial ambitions."

DC Democrats are the richest pols

Wealth is not in and of itself bad, but when the wealthy run around wildly spending other people’s money that’s practically criminal. So, we find it less than amusing that the spendthrift Democrats — check Omaba’s recent spending spree — are also the richest elected officials in Washington, DC.

The Web political publication, The Hill , just issued its list of the 50 richest politicians in DC, and eight of the top 10 are Democrats, which we list below.

Of the 50 richest members of Congress, The Hill says 26 are Democrats and 24 are Republicans.

What’s especially irritating is that Massachusetts Sen. John Kerry heads the list and he’s the guy we recently wrote about because he docks his new $450,000 sailing yacht in Rhode Island to avoid paying the Bay State’s sales and excise taxes. What a hypocritical cheapskate!

Of course, after the story hit every newspaper in America and many abroad, Kerry said he’d pay the $70,000 in taxes even though his boat would still be moored in RI. Kerry is the poster boy for adage, “Do as I say, not as I do.”

Here are the top 10 richest elected officials according to The Hill , where you can read the full list.

S. John Kerry, D-MA, 167M
R. Darrell Issa, R-CA, 164M
R. Jane Harman, D-CA, 112M
S. Jay Rockefeller, D-WV, 80M
S. Mark Warner, D-VA, 72M
R. Jared Polis, D-CO, 71M
R. Vern Buchanan, R-FL, 50M
S. Frank Lautenberg, D-NJ, 48M
S. Dianne Feinstein, D-CA, 43M
R. Harry Teague, D-NM, 40M

Richest Politician Skirted Taxes

It only took two days of bad press to get the Democrataic Senate hypocrite John Kerry to cave in and pay his tax bill, as the AP reported.

Kerry is a free spender of tax dollars, but when it comes to his own money, he's obviously a bit tighter. Of course, all of that money really isn't Kerry's, a good bit of it comes from his wife who inherited the Heinz ketchup fortune from her late husband, also a politician.

Kerry recently commission the 76-foot yacht, christened Isabel, at a boatyard in Rhode Island. Therefore, it was naturally convenient for Kerry to have the boat legally moored in Rhode Island. The location also allows Kerry to avoid paying the sales tax plus annual excise tax, which total about $70,000 in Massachusetts.

If Kerry were only as stingy with tax dollars that would be nice.

We might note, too, that the Isabel is said to spend a good bit of her summer moored off of Nantucket Island, the millionaires island, where the Kerry family has a summer home.

A couple of broadcast reports the Kerry Yacht Fiasco and interesting. One is WBZ-TV, Boston, and the other isFox News'

US Says Repeal ObamaCare

60% of US voters want Obamacare repealed — “the second straight week that support for repeal of Obamacare is at 60% or above,” according to the Rasmussen Report.
And...
36% Oppose repeal.
45% Strongly Favor repeal.
27% Strongly Oppose repeal.

Plus…
62% believe Obamacare will increase the federal budget deficit.
58% think it will raise the cost of healthcare.
51% say the new law will hurt the quality of healthcare.
(Rasmussen 5-31-10)

Obama’s disaster: Unemployment

Gallup Daily tracking finds that 20.3% of the U.S. workforce was underemployed in March — a slight uptick from the relatively flat January and February numbers.

A rise in the percentage of part-timers wanting to work full time (from 9.2% to 9.9%) is responsible for the March increase in underemployment.

Unemployment saw a slight, but insignificant, decline in March.

Six in 10 underemployed Americans are not hopeful they will find work or move from part-time to full-time work in the next four weeks. That translates to 12% of the workforce that is both underemployed and not hopeful they will find their desired amount of work.

The lack of change suggests that underemployed Americans anticipated long-term difficulties in finding work well before the administration's formal announcement was made.

The Gallup report was released April 1, 2010.

US 47-50% Pro-Con On Obamacare

"Americans are now about evenly split in their reactions to the healthcare bill's passage: 47% consider it a good thing and 50% a bad thing. The divided, but slightly negative, assessment is similar to what Gallup found in recent months prior to the final House vote," the polling company reported today, Monday 3-29-10.

Poll: Kill ObamaCare

A week after the House passed ObamaCare, 54% of voters favor the law’s repeal, including 44% who Strongly Favor repeal, according to the latest Rasmussen survey.

The poll also shows that 42% oppose repeal, including 34% who Strongly Oppose repeal.

Rasmussen said these number are “virtually unchanged” from last week’s poll results.

84% of Republicans favor repeal.
59% of Independents favor repeal.
25% of Democrats favor repeal.
1% of black Democrats favor repeal.
55% say the plan will increase healthcare costs.
17% say it will reduce healthcare costs.
49% say it will reduce care quality.
60% say it will increase the federal deficit.

The Rasmussen president Scott Rasmussen said: "The overriding tone of the data is that passage of the legislation has not changed anything. Those who opposed the bill before it passed now want to repeal it. Those who supported the legislation oppose repealing it."

Remember Scott Brown? That vote didn’t count either

In voting for Scott Brown to fill the US Senate seat left vacant by the death of Sen. Edward M. Kennedy, the Massachusetts voters demonstrated:
1. Dissatisfaction with the direction of the country,
2. Antipathy toward federal government activism, and
3. Opposition to the Democrats' health-care proposals.

Those are the conclusions (1-22-10) drawn from a Jan. 20-21 poll sponsored by The Washington Post, the Henry J. Kaiser Family Foundation and Harvard University's School of Public Health, and released by The Post, which says the statistics show “how dramatically the political landscape has shifted during President Obama's first year in office.”

63% of Massachusetts’ special-election voters said America “is seriously off track,” the newspaper reported. “Nearly two-thirds of Brown's voters say their vote was intended at least in part to express opposition to the Democratic agenda in Washington.”

Among all Massachusetts voters — including those who voted for Brown’s opponent, state attorney general Martha Coakley — 48 percent oppose said they oppose Obama’s healthcare proposals while 43 percent support them.
Among Brown's supporters, however, eight in 10 said they were opposed to Obama’s healthcare proposals, and, 66 percent of them strongly opposed them.

President Lincoln would have cried

In 1863, President Abraham Lincoln declared and prayed at Gettysburg Pennsylvania that "...government of the people, by the people, for the people, shall not perish from the earth."

But a little over 200 years later, 219 self-important Democrats in the House of Representatives voted FOR Obamacare; this despite the fact that the majority of Americans had repeatedly told them that they did not approve of the proposed legislation.

Before the House vote was taken, 56% of American voters said they opposed Obama's plan while 40% approved of it. And for six months before the House vote, all major national polls demonstrated close, but consistently negative, public attitudes of both Obamacare and Obama himself, to say nothing about House Speaker Pelosi and Senate Leader Reid.

More Insider Dissension for Obama

For any monarch, there’s no criticism more stinging that from within the palace walls — and so it is with the Obama Reign.

Nonetheless, Obama and his largely-supportive news media have brushed off the observations of California Democrat Rep. Dennis Cardoza (and White Houses insiders) that the Congressman penned in The Hill, an online Washington political journal. That gives us an excuse to revisit commentary highlights here.

“…[It is] obvious to me that the president might prefer to be a university professor rather than do [his] job…. [but] I’m not trying to disparage professors…. ”

…[During] the president’s first year in office… the new programs just kept coming, with the new proposals constantly stepping on the previous day’s message. This rampant ‘idea disease’ squandered the tremendous goodwill generated by the Obama campaign’s message of ‘hope,’ tainting the president’s personal appeal.

“Obama repeatedly referred to ‘teaching moments…,’ an arrogant ‘I’m right, you’re wrong’ demeanor that alienated many potential allies.

“…[Obama] concentrated power within the White House, leaving Cabinet members… to dutifully carry out policies…. This was especially true in the environmental, resources, housing and employment… areas [that] have also been responsible for much of the president’s harshest critiques.

“…One former administration official told me directly… that [Obama] didn’t mind giving speeches, but really avoided personal contact with members of Congress and folks outside the Beltway… [He] avoids individual contact… [and that his] ‘arms-length’ attitude extends to top decision-makers in the administration….

“Many on the Democratic side wish [Secretary of State] Hillary Clinton, Gov. Jerry Brown (Calif.), Gov. Martin O’Malley (Md.) or Gov. Andrew Cuomo (N.Y.) were running instead… [because they fear the] student body — American voters — will give [Obama] a failing grade next November….”

Obama drags down US economy

Obama’s unwillingness or inability to manage petroleum costs — because of his green erergy devotion and the lack of a comprehensive energy policy — is causing Americans to re-align their buying habits to pay for essential gasoline and heating oil.O-for-Obama

As a result, Obama is damaging the American economy overall and punishing those least able to afford the modern age necessities of gasoline and oil.

The latest Harris Interactive survey validates the damage Obama’s policies — or lack of same — are having on the US consumer and the country’s economy overall.

Among the “many things people are cutting back on in order to pay for the increased price of gasoline” are the following, according to Harris. Of those Americans who have cut back because of the cost of gasoline…

  • 75% have done so on dining out and driving in general;
  • 73% on entertainment;
  • 65%, weekend trips or day trips;
  • 62%, extras, such as luxury items;
  • 59%, vacations;
  • 55%, clothing;
  • 54%, movies;
  • 38%, groceries;
  • 37%, personal grooming, such as haircuts or manicures; and
  • 24%, auto repairs or upkeep.

If that doesn’t describe a broad drag on the US economy because of a lack of focus and leadership at the very highest level, thus BHO, nothing does.

It’s the economy, stupid!

Obama hastening decline of America

New Jersey Gov. Chris Christie yesterday told a national Republican audience that the US is becoming a lazy nation, losing our motivation. America’s plight is that of a nation that believes it is okay to…

“Stop dreaming, stop striving; [the government] will take care of you.

“We are turning into a paternalistic, entitlement society.

“That will not just bankrupt us financially, it will bankrupt us morally. Then we’ll have a bunch of people sitting on the couch waiting for the next government check.”

Click here for a clip of Christie’s speech.

Christie addressed a tax policy conference in New York hosted by former President George W. Bush.

Who do Americans trust?

Rasmussen reports (Monday, April 9, 2012) that “Voters overwhelmingly trust their own judgment on economic matters more than the judgment of either President Obama or Mitt Romney.”

A Rasmussen national telephone survey finds that…

  • 68% of likely US voters have more confidence in their own economic judgment than in Romney when it comes to the major economic issues of the day.
  • 65% have more confidence in their own economic judgment than in Obama’s when it comes to the economic issues facing the nation.
  • 29% trust Obama more than themselves.
  • 18% say the same of Romney.

Capitalism and the Right to Rise

Former Florida Governor Jeb Bush recently wrote a Wall Street Journal Op-Ed column with the title, “Capitalism and the Right to Rise,” and the striking subhead “In freedom lies the risk of failure. But in statism lies the certainty of stagnation.”

In this uncommonly short political polemic, 751 words, Gov. Bush expands on the right-to-rise phrase coined by Rep. Paul Ryan. It deserves your full read, but here’s the gist of the piece.

Congressman Paul Ryan recently coined a smart phrase to describe the core concept of economic freedom: “The right to rise.”

Think about it. We talk about the right to free speech, the right to bear arms, the right to assembly. The right to rise doesn’t seem like something we should have to protect.

But we do. We have to make it easier for people to do the things that allow them to rise. We have to let them compete. … fight for business… take risks… fail… suffer the consequences of bad decisions… [and] enjoy the fruits of good decisions, even good luck.

That is what economic freedom looks like…. But we have let our elected officials abridge our own economic freedoms through the annual passage of thousands of laws….

We either can go down the road we are on, a road where the individual is allowed to succeed
— only so much before being punished with ruinous taxation,
— where commerce ignores government action at its own peril, and
— where the state decides how a massive share of the economy’s resources should be spent.

Or we can return to the road we once knew and which has served us well… where the government’s role is not to shape the marketplace but to help prepare its citizens to prosper from it.

Obama: Quit social guerilla warfare

Obama’s failure to seek unity trough personal leadership — coupled with his increasingly antagonistic and divisive rhetoric — worries many national leaders in business and government. Many of those individuals speak privately about how destructive this behavior is, and will be, yet few dare share their opinions with Obama and the public for fear of retribution.

However, internationally respect investor and financial advisory — the son of Polish immigrants — has just aired his well-founded opinions in an “Open Letter” to Obama. The full letter is available at this link to another Sirens Promise page; and the final paragraph is presented below. We endorse all of Cooperman’s statements.

“With due respect, Mr. President, it’s time for you to throttle-down the partisan rhetoric and appeal to people’s better instincts, not their worst. Rather than assume that the wealthy are a monolithic, selfish and unfeeling lot who must be subjugated by the force of the state, set a tone that encourages people of good will to meet in the middle. When you were a community organizer in Chicago, you learned the art of waging a guerrilla campaign against a far superior force. But you’ve graduated from that milieu and now help to set the agenda for that superior force. You might do well at this point to eschew the polarizing vernacular of political militancy and become the transcendent leader you were elected to be. You are likely to be far more effective, and history is likely to treat you far more kindly for it.

Obama’s tax cuts are “small beer”

Obama claimed in a LinkedIn Town Hall that, “As I said, we’ve actually cut taxes for small business 16 times since I’ve been in office. So taxes for small businesses are lower now than they were when I came into office.”

Even the Democratic apologists, The Washington Post, in its Fact Checker section, has to admit that Obama’s claims are largely BS when they are not wildly exaggerate.

A couple of Post examples of the small business tax cuts include, “tax deductions for cell phones… in other words, fewer reporting requirements [and] reducing the penalties for investing in tax-shelter schemes.” Now, there’s and idea that hits, well, practically no small business.

The Post’s Fact Checker concludes that ”Obama is engaging in some grade inflation.”But what do you expect for a community organizer more accustomed to shaking down Chicago businesses than actually trying to learn how to run a democracy.

Read the whole analysis here.

 

Obama’s approval again hits bottom

At 11%, Americans’ satisfaction with the way things are going in the US is at the lowest level since Obama took office, and just a 4 points ahead of Bush’s all-time low of 7% in ’08-’09, which set the stage for the Obama win.

Obama’s 11% “abysmal satisfaction level,” says the Gallup organization, ties his equally dismal number American voters gave his administration last month (August ’11).

Broken down by self-identified party alignment:

  • 3% of Republicans are satisfied with Obama, the lowest level since Bill Clinton took office in 1993. Gallup says that Republicans’ satisfaction has been in single digits through much of 2011, including 5% in April.
  • 9% of Independents are satisfied with Obama’s stewardship;
  • 20% of Democrats are satisfied.

Clearly scary numbers for a guy who is hoping to get reelected — so he can provide more of the same.

Wisdom of America’s founders

A colleague from one of America’s “i” states — those territories that occupy the vast reaches half way between the Left Coast and the East Coast — reminds us of the contrast between what was at the time of our nation’s founding and what is now.

As we read the words Jefferson, Hamilton and Washington, we were reminded that America’s founders were uncommonly clear thinkers — especially when their commentaries are juxtaposed with today’s political behavior. Unfortunately, today’s politicians seem to have lost sight of that vision, and have brought our United States to the current and very dangerous precipice.

Three of those reminders offered from the Midwest follow.

Taxing future generations

“”And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity in the name of funding, is but swindling futurity on a large scale.”

Thomas Jefferson, in a letter to John Taylor, 1816

Dangers of taxation

“There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least likely to resort to oppressive expedients, or sacrifice any particular class of citizens to the procurement of revenue. It might be demonstrated that the most productive system of finance will always be the least burdensome. There can be no doubt that in order to a judicious exercise of the power of taxation….”

Alexander Hamilton, in the Federalist No. 35, 1788

A collective patriotism

“Citizens by birth or choice of a common country, that country has a right to concentrate your affections. The name of AMERICAN, which belongs to you, in your national capacity, must always exalt the just pride of Patriotism, more than any appellation derived from local discriminations [sic.]. With slight shades of difference, you have the same Religion, Manners, Habits, and Political Principles. You have in a common cause fought and triumphed together; the Independence and Liberty you possess are the work of joint counsels, and joint efforts — of common dangers, sufferings, and successes.”

George Washington, in his Farewell Address, 1796

Rep. Rangel Is Harlem Chutzpah

For Rep. Charlie Rangel, the disgraced New York Democrat, to question Texas Gov. Rick Perry’s qualifications to run for President is the epitome Harlem Chutzpah.

After all, we seem to recall that kingpin Rangel’s own ethics were called into question and he was censured on 11 counts of ethical misbehavior by the United State Representative. His ethical breaches included, according to The Washington Post:

Rep Rangel of Harlem

  • 17 years of unpaid personal income taxes on property owned in the Dominican Republic;
  • More than $500,000 in undisclosed financial assets; and
  • Inappropriately raising millions of dollars for a New York City college from corporations with business before the Ways and Means Committee, of which he was the chairman.

According to The Hill, Rep. Rangel unexpectedly showed up at Pappasito’s, where an event was prepared for Gov. Perry, who had not yet arrived.

Rangel, the report says, immediately took advantage of the gaggle of assembled reporters claiming he had “no idea it was a Republican event.” Right, and he wants to sell you a bridge, too.

When reporters asked what he thought of Perry, Rangel said that “the Republicans have a major problem with their candidates.” Including Perry?” ”You bet your life.”

Pot calling the kettle black?