Rep. Paul Ryan and the 2012 Budget

Dr. No Warns of Economic Apocalypse

from The Hill:

Senate Republicans’ “Dr. No” spending hawk warned Sunday that America would experience “apocalyptic pain” with 15-18 percent unemployment and the “middle class destroyed” if it didn’t get its fiscal house in order.

“If we don’t fix the problems in front of us everybody’s going to pay a significant price,” Sen. Tom Coburn (R-Okla.) said on “Fox News Sunday.”

Coburn warned of the United States ending up like Greece or Ireland if proper austerity measures aren’t taken, or like Spain, Italy or Japan, which are in danger of similar financial collapse.

for full article: http://thehill.com/blogs/blog-briefing-room/news/135111-coburn-predicts-apocalyptic-pain-with-middle-class-destroyed-if-spending-isnt-reined-in

Paul Ryan Questions the Goals of the “Regime” in DC

Rep. Paul Ryan (R-Wi) is moving up on my list of “potential 2012″ picks:

http://hotairpundit.blogspot.com/2010/04/congressman-paul-ryan-i-dont-know-how.html

The New Revolution

The New Revolution Has Begun

            Without the use of firearms, the New Revolution has officially begun, the “shot being heard around the country, around the world”. What began as grassroots movements of people, from all walks of life, taking to the phones, the internet, the blogsphere, to the streets, and most of all, to the halls of Congress, to voice their angst over the unbridled growth of our government, the massive intrusion into our private lives, and the need to remind our elected officials and public servants that they work for us, We The People.

            From the same battlegrounds where our forefathers watched for the British troops during the Revolutionary War, the citizens of the Commonwealth of Massachusetts fired this first shot, and with the greatest of expectations, we hope that the White House and Congress can “hear us now”, and that they are now listening to the voice of the people.

            This is not a Democratic issue or a Republican issue, nor is this simply the machinations of the Tea Party movement. What we are seeing as this New Revolution takes shape is Americans, of all socio-economic backgrounds, all races, all religions, taking possession of our freedoms and our liberties. This New Revolution is the awakening to fact that our leaders have been shifting the Republic away from its fundamental roots, its core values, its major strengths. In sheer boldness, the initiatives of a Progressive movement, for more than a century, have come from behind the covers of “political party” affiliations to reveal their real and true colors, and we, the American citizens, are not willing to be led down that path of Progressivism.

            The New Revolution will call upon Americans to be more aware of the political news, the issues that we as a Nation are facing. It will ask that each American stand up for our rights, our freedoms, our liberties. We must demand through our voice at the ballots, that our elected officials represent the voice of the people, and that we hold them accountable to such goals as term limits, fiscal responsibility, state sovereignty, limited federal government, respect of life, respect of marriage, a respect for the Constitution, and strong national defense.

            America is the greatest nation on earth, and if this Republic is to survive, we must make sure that the leadership we place at the helm shares the ideals and goals of the People, and that they steer this great nation on the path that our forefathers set us on more than two centuries ago. Let it be known that from this moment on, We The People, will accept nothing less than the Republic that our forefathers formed; that this is our moment, our time, our patriotism as the New Revolution moves this Nation forward.

Who Will Pay for the Cost of Obama’s First Weeks in Office?

The following mathematical analysis can be found on www.urbansurvival.com :

So I get out the calculator and figure the Obama spending plans (not counting the trillions at Treasury and the Fed) will mean the federal budget hole will be $5,833 deeper this year for everyone sucking air.  Of course, those folks won’t all be paying for it – only the nongovernment workers will, and there’s only what, three of us left?

 

Well, it’s not really that bad.  But close.  The latest Labor Department Employment Situation Report shows that in January there are only 20, 245,000 worker in the workforce of 153,716,000 workers.  The rest?  Services, farmers, and government. 

 

So follow this:  We have 20,245,000 people who actually make things and the whole country is fed by the 19,135,000 people who are in farming & farm-related employment.  That adds up to 39,380,000 people left who actually make things.

 

SOooo:  Mr. Ure – armchair economist/people’s economist extraordinaire – figures that all of this additional $1.75-trillion will actually be paid for by the primary producers and this will further suck down money available from primary producers to buy services from the services sector, which means (ta-dah!) that the economy is not going to get better with this kind of heavy spending anytime soon.  But, that was the point that Congressman Ron Paul was trying to get Ben Bernanke to fess up to in yesterday’s hearings (see the special update from yesterday).

 

Let’s refigure this:  We’ve got an additional $1.75 trillion divided by 39,380,00 real primary-goods and farm producers. 

 

CONGRATULATIONS!  If you’re a primary producer you’re gong to get to fund an additional $45,595 worth of deficits this year and that’s on top of the financial train wreck left over by the republicorps/Bushiecrats.  Wowzer….  Repeat after me: BOHICA.

—

By the way:  There are some great people in the Treasury Department.  Not necessarily working in the Secretary’s ranks, but those folks at Treasury Direct have a cool page called the Public Debt to the Penny.

 

There’s about $10.843 trillion of public debt already…and if we add the additional $1.75 trillion it means by year’s end we ought to be in hock  $12.593 trillion which dived by the 39.380 primary jobs producers (you’ll love this) means the real workers will be responsible for $319,781 of debt.

 

Hell, let’s just divide it by the people with jobs as of January: 142,099,000 workers and it still pencils out at $88,621 per worker.

 

And that’s all before the unemployment rate goes up – as I expect we’ll see on March 6 when the new unemployment numbers come out.  And we just know they’re accurate.

 

Bet that just sets your morning off in fine fashion, huh?  Well, the alternative is a Greater Depression, so count your blessings I suppose.  Until the Greater Depression gets here anyway and we’ve failed to keep enough powder dry…but that’s what’s the summer of hell and the collapse into 2010 will be about.

 http://urbansurvival.com/week.htm