After all, if those fat, lazy, complacent politicians on the Hill weren’t so anxious to get in their usual slothful weekend, we wouldn’t be seeing this

The Senate has reached a deal that will allow a vote on a measure to keep the government funded and possibly prevent a weekend of work on the budget.

Senate Majority Leader Harry Reid (D-Nev.) announced the deal on amendments to the government-funding measure on Wednesday afternoon, ending a stalemate in the Senate that had thrown off the upper chamber’s schedule.

Votes on several amendments will start at 2:15 p.m. Wednesday, and the Senate is expected to approve the funding measure that afternoon. The Senate will then immediately begin considering the Senate Democratic budget.
A “vote-a-rama” featuring dozens of amendments is expected on the budget, meaning delaying a final vote on the funding measure could have left the Senate scheduled to vote on the budget Saturday or even Sunday. The Senate is scheduled to begin a recess after it concludes work on Friday.

The deal announced Wednesday doesn’t eliminate the possibility of weekend votes, but it does make it more likely that the Senate could complete work on the budget sometime on Friday. The Senate had been set to vote on the funding measure as late as Thursday afternoon. With the deal, a final vote will occur Wednesday afternoon.

Let ‘em start doing what we pay them to do…

Well, lookie here…

From Heritage.Org:

In Washington, a presidential Administration releases news it doesn’t like at 5 p.m. on Fridays. So it pays to pay attention when everyone is leaving work for the weekend.

Late last Friday, the State Department released a positive environmental review of the Keystone XL pipeline. President Obama has been delaying this pipeline—which would carry oil from Canada to refineries in Texas—for more than three years.
The delay has meant that America is still waiting on an additional 700,000 to 830,000 barrels of oil per day from a close ally, not to mention 179,000 American jobs.

Why has this taken so long, when all environmental reports thus far have been positive? Heritage’s Nicolas Loris, the Herbert and Joyce Morgan Fellow, explains:
Given the need for jobs and more oil on the global market to offset high prices, the permit application had been moving along positively with bipartisan support without much attention until environmental activists made blocking the Keystone XL pipeline their issue to rally around for 2011. Although President Obama and the Department of State (DOS) said they’d make a decision at the end of 2011, they ultimately catered to a narrow set of special interests, punting the decision until after the 2012 elections.

The State Department, which is overseeing the pipeline because it crosses a U.S. border, has “already conducted a thorough, three-year environmental review with multiple comment periods,” Loris reported last year.

The review has been comprehensive:

DOS studied and addressed risk to soil, wetlands, water resources, vegetation, fish, wildlife, and endangered species. They concluded that the construction of the pipeline would pose minimal environmental risk. Keystone XL also met 57 specific pipeline safety standard requirements created by DOS and the Pipeline and Hazardous Materials Safety Administration.

Canada has oil to sell, and it isn’t likely to wait forever. Forbes writer Brigham McCown said that “Delays in approving the upper portion of the pipeline have bewildered many Canadians who see the U.S. as their closest ally and trading partner.”

McCown pointed out that “Even without the pipeline, Canada will continue to extract the oil which would be most likely transported by pipeline and rail to Canada’s coast for shipment to Asian markets.”

Because the State Department is overseeing the application, the new Secretary of State, John Kerry, will be giving his recommendation on the pipeline. Ultimately, the decision rests with President Obama. But Heritage’s David Kreutzer says Congress can, and should, step in if the President continues to block it:

Should the President reject Keystone again, Congress should wield its power to regulate commerce with foreign nations and approve the pipeline’s construction once the State Department again finishes its review of the rerouted project.
These delays are pointless. The Keystone pipeline has passed its environmental reviews, and the Obama Administration is only hurting America by holding it up.

The ball, as they say, is in Obama’s court. If he still refuses to budge, Congress had darn well better get involved!

From Freedom Outpost:

Apparently Barack Obama’s fiscal cliff proposal is so one-sided, partisan, and ridiculous that Senate Minority leader Mitch McConnell says he “burst into laughter” during the talks on Thursday when Treasury Secretary Tim Geithner explained the Obama administration’s proposal to avert the fiscal cliff.

Obama’s fiscal cliff proposal is so one-sided, partisan, and ridiculous…

Of course it is, we’re talking B. Hussein, here!

Read the rest.

Ann Coulter believes, and she gets no argument here, that what the GOP needs to do is make the Democrats OWN The Obama Economy.

Read On!

ONE:

On the issue in which Kommissar Ummm Politboro ooops! Senate Majority Leader Harry Reid continuously slams Republican presidential candidate Mitt Romney with accusations that he hasn’t paid any taxes in ten years and demands that he show us his tax returns for said decade, there seems to be a slight, er, discrepancy, here…

Senate Majority Leader Harry Reid again deflected questions Monday about releasing his tax returns, even as he continued to pound the demand for Mitt Romney to make more of his own public.

Instead, Reid pointed to the financial disclosure forms he files as a member of Congress, which provide different information.

“I’m a member of Congress now, I don’t make too much money,” said Reid, whose net worth was estimated at $10 million in 2010. “But it’s all listed every year.”

Reid spokesman Adam Jentleson told POLITICO last week that the majority leader will not release his tax returns, writing: “He’s not running for president. … He has of course released more than 30 years of detailed [personal finance disclosures]. There is exponentially more information available to the public about Sen. Reid’s financial life than there is about Mitt Romney’s.”

Conservatives have begun accusing Reid of hypocrisy for his attacks on Romney. And the Las Vegas Review-Journal — in a somewhat different context — on Monday resurrected a 1974 statement in which Reid said: “Any man or woman who will not be completely candid about his or her finances does not deserve to be in public office.”

Asked about that statement at a news conference Monday in Nevada, Reid responded: “In 1974, I wasn’t in Congress.

“All you have to do is go look,” he added. “I file every year, every stock trade, every piece of land I buy, all the money I have, it has the value of my homes, it’s got it all there.”

Of course, it is, communist dirt bag.

TWO:

Then we have 70 Facts about the U.S. Economy that Barack Osama Obama doesn’t want We, the People to see.

Let’s have a look…

$3.59 - When Barack Obama entered the White House, the average price of a gallon of gasoline was $1.85. Today, it is $3.59.

22 - It is hard to believe, but today the poverty rate for children living in the United States is a whopping 22 percent.

23 - According to U.S. Representative Betty Sutton, an average of 23 manufacturing facilities permanently shut down in the United States every single day during 2010.

30 - Back in 2007, about 10 percent of all unemployed Americans had been out of work for 52 weeks or longer. Today, that number is above 30 percent.

32 - The amount of money that the federal government gives directly to Americans has increased by 32 percent since Barack Obama entered the White House.

35 - U.S. housing prices are now down a total of 35 percent from the peak of the housing bubble.

40 - The official U.S. unemployment rate has been above 8 percent for 40 months in a row.

42 - According to one survey, 42 percent of all American workers are currently living paycheck to paycheck.

48 - Shockingly, at this point 48 percent of all Americans are either considered to be “low income” or are living in poverty.

49 - Today, an astounding 49.1 percent of all Americans live in a home where at least one person receives benefits from the government.

53 - Last year, an astounding 53 percent of all U.S. college graduates under the age of 25 were either unemployed or underemployed.

60 - According to a recent Gallup poll, only 60 percent of all Americans say that they have enough money to live comfortably.

61 - At this point the Federal Reserve is essentially monetizing much of the U.S. national debt. For example, the Federal Reserve bought up approximately 61 percent of all government debt issued by the U.S. Treasury Department during 2011.

63 - One recent survey found that 63 percent of all Americans believe that the U.S. economic model is broken.

71 - Today, 71 percent of all small business owners believe that the U.S. economy is still in a recession.

80 - Americans buy 80 percent of the pain pills sold on the entire globe each year.

81 - Credit card debt among Americans in the 25 to 34 year old age bracket has risen by 81 percent since 1989.

85 - 85 percent of all artificial Christmas trees are made in China.

86 - According to one survey, 86 percent of Americans workers in their sixties say that they will continue working past their 65th birthday.

90 - In the United States today, the wealthiest one percent of all Americans have a greater net worth than the bottom 90 percent combined.

93 - The United States now ranks 93rd in the world in income inequality.

95 - The middle class continues to shrink - 95 percent of the jobs lost during the last recession were middle class jobs.

107 - Each year, the average American must work 107 days just to make enough money to pay local, state and federal taxes.

350 - The average CEO now makes approximately 350 times as much as the average American worker makes.

400 - According to Forbes, the 400 wealthiest Americans have more wealth than the bottom 150 million Americans combined.

$500 - In some areas of Detroit, Michigan you can buy a three bedroom home for just $500.

627 - In 2010, China produced 627 million metric tons of steel. The United States only produced 80 million metric tons of steel.

877 - 20,000 workers recently applied for just 877 jobs at a Hyundai plant in Montgomery, Alabama.

900 - Auto parts exports from China to the United States have increased by more than 900 percent since the year 2000.

$1580 - When Barack Obama first took office, an ounce of gold was going for about $850. Today an ounce of gold costs more than $1580 an ounce.

1700 - Consumer debt in America has risen by a whopping 1700% since 1971.

2016 - It is being projected that the Chinese economy will be larger than the U.S. economy by the year 2016.

$4155 - The average American household spent a staggering $4,155 on gasoline during 2011.

$4300 - The amount by which real median household income has declined since Barack Obama entered the White House.

$6000 - If you can believe it, the median price of a home in Detroit is now just $6000.

$10,000 - According to the Employee Benefit Research Institute, 46 percent of all American workers have less than $10,000 saved for retirement, and 29 percent of all American workers have less than $1,000 saved for retirement.

49,000 - In 2011, our trade deficit with China was more than 49,000 times larger than it was back in 1985.

50,000 - The United States has lost an average of approximately 50,000 manufacturing jobs a month since China joined the World Trade Organization in 2001.

56,000 - The United States has lost more than 56,000 manufacturing facilities since 2001.

$85,000 - According to the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.

$175,587 - The Obama administration spent $175,587 to find out if cocaine causes Japanese quail to engage in sexually risky behavior.

$328,404 - Over the next 75 years, Medicare is facing unfunded liabilities of more than 38 trillion dollars. That comes to $328,404 for each and every household in the United States.

$361,330 - This is what the average banker in New York City made in 2010.

440,00 - If the federal government began right at this moment to repay the U.S. national debt at a rate of one dollar per second, it would take over 440,000 years to totally pay it off.

500,000 - According to the Economic Policy Institute, America is losing half a million jobs to China every single year.

2,000,000 - Family farms are being systematically wiped out of existence in the United States. According to the U.S. Department of Agriculture, the number of farms in the United States has fallen from about 6.8 million in 1935 to only about 2 million today.

$2,000,000 - At this point, the U.S. national debt is rising by more than 2 million dollars every single minute.

2,600,000 - In 2010, 2.6 million more Americans fell into poverty. That was the largest increase that we have seen since the U.S. government began keeping statistics on this back in 1959.

5,400,000 - When Barack Obama first took office there were 2.7 million long-term unemployed Americans. Today there are twice as many.

16,000,000 - It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.

$20,000,000 - The amount of money the U.S. government was spending to create a version of Sesame Street for children in Pakistan.

25,000,000 - Today, approximately 25 million American adults are living with their parents.

40,000,000 - According to Professor Alan Blinder of Princeton University, 40 million more U.S. jobs could be sent offshore over the next two decades if current trends continue.

46,405,204 - The number of Americans currently on food stamps. When Barack Obama first entered the White House there were only 32 million Americans on food stamps.

88,000,000 - Today there are more than 88 million working age Americans that are not employed and that are not looking for employment. That is an all-time record high.

100,000,000 - Overall, there are more than 100 million working age Americans that do not currently have jobs.

$150,000,000 - This is approximately the amount of money that the Obama administration and the U.S. Congress are stealing from future generations of Americans every single hour.

$2,000,000,000 - The amount of money that JP Morgan has admitted that it will lose from derivatives trades gone bad. Many analysts are convinced that the real number will actually end up being much higher.

$147,000,000,000 - In the U.S., medical costs related to obesity are estimated to be approximately 147 billion dollars a year.

295,500,000,000 - Our trade deficit with China in 2011 was $295.5 billion. That was the largest trade deficit that one country has had with another country in the history of the planet.

$359,100,000,000 - During the first quarter of 2012, U.S. public debt rose by 359.1 billion dollars. U.S. GDP only rose by 142.4 billion dollars.

$454,000,000,000 - During fiscal 2011, the U.S. government spent over 454 billion dollars just on interest on the national debt.

$1,000,000,000,000 - The total amount of student loan debt in the United States recently surpassed the one trillion dollar mark.

$1,170,000,000,000 - China now holds approximately 1.17 trillion dollars of U.S. government debt. Yet the U.S. government continues to send them millions of dollars in foreign aid every year.

$1,600,000,000,000 - The amount that has been added to the U.S. national debt since the Republicans took control of the U.S. House of Representatives. This is more than the first 97 Congresses added to the national debt combined.

$5,000,000,000,000 - The U.S. national debt has risen by more than 5 trillion dollars since the day that Barack Obama first took office. In a little more than 3 years Obama has added more to the national debt than the first 41 presidents combined.

$5,000,000,000,000 - What the real U.S. budget deficit in 2011 would have been if the federal government had used generally accepted accounting principles.

$11,440,000,000,000 - The total amount of consumer debt in the United States.

$15,734,596,578,458.59 - The U.S. national debt as of June 7, 2012.

$200,000,000,000,000 - Today, the 9 largest banks in the United States have a total of more than 200 trillion dollars of exposure to derivatives. When the derivatives market completely collapses there won’t be enough money in the entire world to fix it.

And there are people who call themselves Americans who would actually consider voting to reelect that…miserable failure… to the presidency?

Then again, maybe I’m being too harsh; One has to presume, even with a precedent like Jimmy Carter, that no political party is going to expend their time and their capital pushing a total moron in the direction of the White House, so perhaps Barack Hussein is NOT a failure, maybe he’s destroying America, dismantling us from the bottom of our foundation upward, with every intention of doing so.

The good Lord only knows that like thinkers in the Communist Party have been trying for years to do what he’s already accomplished in less than a single term, so maybe from his and his leftist friends’ perspective, he’s very close to being a strong success at finally bringing our great nation to its knees…

Well, do you think we, the taxpayers owe enough money?

Since President Barack Obama was inaugurated in January 2009, the Federal Reserve’s holdings of U.S. government debt have quintupled, according to the Fed’s official monthly balance sheet.

On Jan. 28, 2009, a week after Obama’s nomination, the Fed owned $302 billion in U.S. Treasury securities. On April 25, 2012, the latest date reported, the Fed owned five and a half time that much in U.S. Treasury securities–$1.668 trillion.

That is an increase from January 2009 of $1.366 trillion—or 452 percent.

Wow! And wasn’t Obama the guy who accused Bush of being “unpatriotic” for running up debt that he, the hopeful changer, has already surpassed?

Wow!

Under Obama, the Federal Reserve has become the single largest owner of U.S. government debt. When Obama entered office, entities in the People’s Republic of China were the largest holders, followed by entities in Japan. At the end of January 2009, China owned $739.6 billion in U.S. government debt and Japan owned $634.8 billion.

By the end of March 2012, China’s holdings of U.S. debt had grown to $1.1699 trillion and Japan’s holdings had grown to $1.083 trillion.

Together, the Federal Reserve, China and Japan had increased their holdings of U.S. debt by $2.2445 trillion since Obama took office.

The total U.S. government debt grew from $10.6179 trillion to $15.6233 between Jan. 28, 2009 and April 25, 2012. Leaving out the intragovernmental debt—which the federal government owes itself—the publicly owned part of the U.S. government debt has climbed from $6.2955 trillion to $10.8607 trillion, an increase of $4.5652 trillion.

Now we’re talking real money!

The $2.2445 trillion of that new publicly owned U.S. government debt that was purchased by the Fed, China and Japan equals 49 percent of all the new debt the U.S. government has sold to the public since Obama took office.

Here’s a president who truly needs to be voted out come November, because we simply can’t afford him anymore.

The Left: If it moves, regulate it. If it doesn’t move, regulate it anyway. Control, micromanage, apply every dollar of taxpayer funds available (or not, just keep the spending going!)

There’s an informative Op-Ed in today’s Washington Times on-line by Representative Jeb Hensarling (R, Texas) about the Dodd Frank Act and what it means in the Real World as opposed to the one occupied by today’s Democrats and their liberal mentors.

The news of J.P. Morgan Chase’s recent trading loss has raised the cry of “I told you so” from proponents of the almost 2-year-old Dodd-Frank Act. They say the law’s Volcker rule would have prevented such a loss and that without more regulation, financial institutions will continue to make poor investment decisions.

As an opponent of Dodd-Frank and one of many who have warned against the politicization of our economy, the threat of future bailouts and attempts by the government to eliminaterisks, I also wish to say, “I told you so.”

Within Dodd-Frank’s 2,300 pages are provisions allowing the government to designate certain financial firms “systemically important financial institutions” - otherwise known as “too big to fail” (TBTF). The law then empowers the Federal Deposit Insurance Corp. (FDIC) to seize a troubled TBTF firm for the purpose of winding it down. In doing so, the FDIC can borrow up to the book value of the institution from taxpayers, an amount that could be astounding, as Bank of America, Citigroup and J.P. Morgan are all $2 trillion institutions.

Because private financial firms such as J.P. Morgan inevitably will blunder regardless of their size or sophistication, designating any firm TBTF is bad policy and worse economics. It causes erosion of market discipline and risks further bailouts paid in full by hardworking Americans. It also becomes a self-fulfilling prophecy, helping make firms bigger and riskier than they otherwise would be. Look no further than Fannie Mae and Freddie Mac and their taxpayer-funded bailout to the tune of nearly $200 billion.

Unfortunately, Dodd-Frank codifies TBTF into federal law. Since its passage, the big banks have become larger and the small banks have become fewer. As a nation, we would do well to rethink TBTF’s fundamental premise before it’s too late.

Even if some conclude that certain financial firms are indeed TBTF, it begs the question whether Washington is even competent to manage their risk. A review of the federal government’s track record in this area does not inspire confidence. The Federal Housing Administration’s poor risk management has left it severely undercapitalized. The Pension Benefit Guaranty Corp. has an unfunded obligation of $26 billion. Even the National Flood Insurance Program is $18 billion underwater (pun intended). Then we have Fannie and Freddie.

Yes, then we do.

We have said here before that one of the greatest shortcomings of “progressives” is that they never learn from mistakes: “It failed the first ninety nine times, so it’s got to work the hundredth!”

Of course, as most of us already realize, regulating, along with its partner, taxing, are hand in glove activities for the left, and any mishap of any kind, even one caused by them, provides them with an excuse to pass legislation applying more rules, thereby creating more bureaucracy as people must be brought in as permanent staff to monitor compliance and churn out additional idiocy in order to justify their stuffed salaries, pensions and overblown benefits.

Anyway, the entire Op-Ed is here.

I sincerely hope that when the one minute video spot shown in this article is aired, people pay attention and keep it in mind when they head for the polls in November.

Finland? Mexico? China?

Obama. The best U.S. president nearly every country except the U.S. ever had!

From Patriot Update:

Americans for Limited Government opens their new viral hit with a simple line, “If I wanted America to fail …”

From there, the video recounts a number of disastrous energy policies currently being pursued by our government which are stifling growth and hampering the economy.

From smothering entrepreneurship under pages of red tape, to throwing good money after bad on unproven green energy companies, it’s clear this Administration’s energy policies have failed and, as the video above suggests, are working against America’s best interests.

This is an excellent video, a little over 4 1/2 minutes and surprise, surprise, “if I wanted America to fail” bears a striking resemblance, in every respect, to the policies of a certain (ah hem!) incumbent president…

The Video.

John Stossel certainly gets it, it’s too bad all those career politicians we keep reelecting to govern the country are clueless.

We spend too much time waiting for orders — and money — from Washington.

The collapse of the housing bubble gave politicians a license to do what they wanted to do all along: spend. The usual checks on extravagance, weak as they are, were washed away. Budgets? We’ll worry about that later. Inflation? We’ll worry about that later.

As I point out in my brand new book, “No, We Can’t: Why Government Fails — and Individuals Succeed,”
a true free market doesn’t require much. It’s not like an orchestra in need of a conductor. What it needs is property rights, so no one can take your stuff. Then people trade property to their mutual advantage. Resources move around without the need for a central, coercive government telling people which resources should go where — or telling them that they must get permission to do what they think is advantageous.

Italics mine.

Superbly put, and exactly what America’s founding fathers would have said.

This formula brought a new nation, in less than two centuries, to the forefront of the world in terms of inventiveness, riches and power.

You got something good, you stick with it, right?

Unfortunately, our politicians can’t seem to grasp this concept, so they’ve gone a different route.

You have to wonder if one day, enough of them will wake up and return us to what works.

I don’t know about the rest of you, but I’m not going to hold my breath waiting…