Obama's Enron

What's the difference between Enron and the Obama Administration? Enron's accounting was more honest.

By now, some liberal, happy warrior has brought your attention to Ray Nutter's, er, Nutting's Market Watch piece about how Obama is Mr. Fiscal Conservative, and that

"under Obama, federal spending is rising at the slowest pace since Dwight Eisenhower brought the Korean War to an end in the 1950s."

Seem too good to be true? That probably seems counter intuitive to what most of you know to be true, and it should, because there's some Enron style accounting going into those figures*. First of all, it includes a heaping helping of stimulus that wasn't in Bush's budget. But since it happened in 2009, when traditionally, the previous president is responsible for the spending, it was in Enron's, er Obama's benefit to count it as Bush's spending.

To make the bamboozling even worse, what most of us thought would be a one time stimulus, is now built into the baseline of the federal budget, so that, according to the plan, about an additional billion dollars is spent, before there is any "increase". That's how they figure the increase is lowest since Eisenhower. It is a shell game. Obama is spending money faster than a drunken Congressman. And like Obama's phoney claim to have cut millions from the budget, Obama, should he be re-elected, would spend more every year he is in office. He's told us that we would. Now if only his willing accomplices in the media would expose this charlatan, this bamboozler of the gullible, for the big spender he really is, we can send him packing back to Chicago. Or Hawaii. Or Kenya. Or wherever he wants to go. Just go.

*When White House press secretary Jay Carney starts quoting them, it becomes a part of the administration's spin machine

Update : In his own words...



Cross posted at LCR.

You can Trust Barack Obama... to be Barack Obama

Barack Obama, the Bamboozler-in-Chief, is going to try to tell you that you should not focus on the fact that most of us are worse off than we were four years ago, by telling us the the problem he "inherited" was far worse than he thought. Well imagine a fellow that decides to walk from one side of the continental United States to the other. He starts off in San Francisco, and by the time he gets to Denver, thinks to himself, "Wow. This is far longer than I thought it would be!"

But, at least, he'd have made it to Denver.

Now imagine Barack Obama starting off in San Francisco, going the wrong way, ending up in Hawaii, knocking off to play a few rounds of golf, and looking you in the eyes and telling you, "It was farther than I thought."

Obama said he'd cut the budget in half by the end of his first term, but made it tremendously larger instead. As a candidate, he promised to "go through the budget line by line" to eliminate waste and fraud. By my reckoning, he's played over 90 rounds of golf, but hasn't quite found the time to do the whole "line by line" thing. And he said he had cut millions of dollars from the budget, so that he could sound like a moderate politician, but the truth is, they were all phony cuts, and the Federal Budget is slated to continue to grow every year for the next ten years.

When next year's budget is bigger than this year's budget, normal people will tell you that's not a cut, but an increase. A bamboozler will tell you what he thinks you want to hear.

The first two years of his presidency, Democrats controlled the White House, the House and the Senate. They had the power to pass any legislation they wanted, any remedy to the economy that they saw fit: health care reform (as opposed to health care insurance reform), minimum wage, or jobs bills and instead, funneled money to political supporters like Solyndra and failed solar companies, sent money overseas to build electric cars, and actively took measures to raise the price of oil, gas and electricity, instead of doing what was right for the country.

What on God's green earth makes you think the next two or four years will be any different under Obama?

Tips from his caddy??

Cross posted at LCR.

Another Historic First for President Obama!

Barack Obama, America's greatest president in his own mind, had this to say about the Republicans' budget:

the Republicans running Congress right now* have doubled down, and proposed a budget so far to the right it makes the Contract with America look like the New Deal.

Really? Could it just be that from your perspective, Mr. President, your own budget was so far to the Left that it made the New Deal look like the Contract with America?

In the history of the Republic, has there ever been a president who submitted a budget that not a single member even of his own party would vote for? Zero. None. Nada. Zilch. 414-0 Another historic first for President Obama!

*Mr. Obama: Have you met...Harry Reid? Senate Democrats have not produced a budget in three years.

Cross posted at LCR, Say Anything.