White House: $1.2 Trillion Deficit in 2012
by Guy Benson
July 27, 2012
Just so you know, this deficit is totally out of context and was certainly not built by President Obama:
The Obama administration projects a budget deficit of $1.211 trillion this year, though that is $116 billion lower than an estimate released earlier in the year. "This reflects lower-than-expected spending, partially offset by lower-than-expected receipts," Budget Director Jeffrey Zients wrote on the White House website. In unveiling the administration's midyear budget review, Zients reported that this year's deficit is estimated to be 7.8% of Gross Domestic Product. That is less than the 8.5% projected in a similar report in February.
Yes, you read that right. The federal government will spend well over $1 trillion more than it takes in this year, yet the White House is hailing its own revised numbers as good news. Barack Obama promised to halve the deficit he "inherited" (ie, voted for in the Senate and expanded as president) by this year. He hasn't done so. Not even close. This president has presided over four consecutive trillion-dollar-plus annual deficits, and by his own Treasury Secretary's admission, he has no plans to fix the problem. A certain someone might call these policies "unpatriotic."
UPDATE - It's worth recalling that the tax hikes on "the rich" Obama is currently demanding were all included in his FY 2013 budget, which still didn't even approach dealing with our long term structural deficits and debt.
Read more: http://townhall.com
The Mind-Police are Throwing Gas on a Really Hot Fire
by Conservative Sue
July 28, 2012
Newflash: Christians are under assault by the radical left in this country. The left, in their zeal to snuff out the voices and traditions of the Christian community, is waging war against Chick-Fil-A whose President, Dan Cathy, has come out openly in support of traditional marriage stating:
“I think we are inviting God’s judgment on our nation when we shake our fist at Him and say ‘we know better than you as to what constitutes a marriage’ and I pray God’s mercy on our generation that has such a prideful, arrogant attitude to think that we have the audacity to define what marriage is about.”
Perhaps I am naive, but I thought that most Americans believed in the traditional definition of marriage. Considering that same-sex marriage is only allowed in states who have decreed it into law via legislation or court orders and not by popular vote, perhaps my thinking is correct. But, just for arguments sake, let's say that same-sex marriage is supported by the majority of Americans, then what? Does that mean that those who do not believe that same-sex marriage should be legal should have their Constitutional rights revoked? Can a business owner no longer publicly profess his faith? Isn't this America? I am pretty sure we have the First Amendment in the Bill of Rights for precisely this purpose:
"Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances."
The culture of the left demands that all conform to their leftist ideology. Refusal to submit to their demands results in ridicule and threats of retaliation. Ironically, liberals who claim that conservatives are intolerant, are the most intolerant. These mind-police are quick to personally attack anyone who doesn't share their liberal viewpoint. They have no understanding of the religion or culture of those whom they attack. They have no interest in dialogue. But, this assault on Chick-Fil-A has backfired, because it is such an egregious assault on the First Amendment rights of Christians, that even those conservatives who have maintained silence for years on this issue are now fighting back.
|Sarah and Todd Palin supporting Chick-Fil-A in Texas|
Sarah Palin and other conservative leaders are speaking out in support of Chick-Fil-A. A nation-wide Chick-Fil-A Appreciation Day is scheduled for Wednesday, August 1st. Even organizations like the ACLU have come out in defense of Chick-Fil-A in this fight; at least there are a few liberals with the good sense to understand how this assault on Chick-Fil-A is opening the door to an erosion of our civil liberties in this country.
Conservatives are very angry about this assault on Chick-Fil-A. Fear is spreading through the conservative community that liberals are systematically destroying this country with their constant attacks on traditional values and civil liberties. I suppose we should thank them for waking us from our slumber, because now we are paying attention.
Wow!I hope the mind-police keep this Chick-Fil-A bashing up.Crazy libs are throwing gas on a very HOT fire by assaulting families #cvn
— Conservative Sue (@conservativesue) July 28, 2012
The Daily Caller
Millions Flee California Because of Progressive Tax System
by Angelica Malik
July 28, 2012
California has lost billions of dollars in revenue in recent years as businesses and residents flee the state, in part because other states have a more favorable business climate.
According to one estimate, 254 businesses across a variety of industries moved all or some of their jobs out of state last year.
California has both the highest state deficit in the country and the highest personal income tax.
Silicon Valley, a unique business center thought to be particularly resilient to economic downturn, has also responded to the poor business conditions. In 2005, for example, Intel decided to build a multi-billion dollar chip-making facility in Arizona because of the state’s favorable corporate income tax system.
Utah and Texas have stolen skilled technology workers from California-based companies like Oracle, Adobe and Apple.
Small business owners are also increasingly trying to move to other states to avoid high taxes and cut costs.
“Part of [moving operations to Texas] was the cost of doing business in California,” Ronald Mittelstaedt, CEO of Waste Connections, told CBS News. “Highest tax rates in the nation. Until recently very expensive real estate. Tremendous regulation and really a broken legislature.”
Read more: http://dailycaller.com