November 9, 2012

Some Casualties of Obamunist Reelection

Well, I certainly hope that all those stupid, stupid people who helped to reelect Obama are pleased with themselves and that they don’t have the collossal moxi to complain when the fruits of their applied mulletheadedness come back around to bite them where the moon doesn’t shine.

Let’s see, now, where to begin.

How about here?

A Las Vegas business owner with 114 employees fired 22 workers today, apparently as a direct result of President Obama’s re-election.

“David” (he asked to remain anonymous for obvious reasons) told Host Kevin Wall on 100.5 KXNT that “elections have consequences” and that “at the end of the day, I need to survive.”

Here’s an excerpt from the interview. Click the audio tab below to hear even more from this compelling conversation:

“I’ve done my share of educating my employees. I never tell them which way to vote. I believe in the free system we have, I believe in the right to choose who they want to be president, but I did explain as a business owner that I have always put my employees first. I always made sure that when I went without a paycheck that [I] made sure they were paid. And I explained that I always put them first and unfortunately I’m at a point where I’m being forced to have to worry about me and my family now and a business that I built from just me to 114 employees.

“I explained to them a month ago that if Obama gets in office that the regulations for Obamacare are gonna hurt our business, and I’m gonna have to make provisions to make sure I have enough money to cover the payroll taxes, the additional health care I’m gonna have to do, and I explained that to them and I said you do what you feel like in your heart you need to do, but I’m just letting you know as a warning this is things I have to think of as a business owner.

“Well unfortunately, and most of my employees are Hispanic — I’m not gonna go into what kind of company I have, but I have mostly Hispanic employees — well unfortunately we know what happened and I can’t wait around anymore, I have to be proactive. I had to lay off 22 people today to make sure that my business is gonna thrive and I’m gonna be around for years to come. I have to build up that nest egg now for the taxes and regulations that are coming my way. Elections do have consequences, but so do choices. A choice you make every day has consequences and you know what, I’ve always put my employees first, but unfortunately today I have to put me and my family first, and you watch what’s gonna happen. I’m just one guy with 114 employees — well was 114 employees — watch what happens in the next six months. The Dow alone lost 314 points today. There’s a tsunami coming and if you didn’t think this election had consequences, just wait.”

As the employer says, his is just one small company…

And from Michelle Malkin

President Obama promises to move the country forward with his recycled pledge of five million green jobs. But in the real world, small businesses are struggling to stay afloat as they deal with the fiscal wreckage of this administration’s disastrous venture socialism. Here’s the tale of just one Colorado company victimized by the Obama Department of Energy (DOE).

Colorado Distribution Group is a privately held storage and shipping company based in Denver. Thanks to hope-a-nomics, its warehouse is saddled with nearly 7,000 pallets of federally subsidized solar panels (one-third of which are completely spoiled and unsalable), along with related detritus such as broken glass and stray module parts.

While $22,000/month in storage costs go unpaid, the panels consume up to a third of the company’s warehouse space. Legal costs have forced CDG to slash payroll and lay off at least three employees. A source with knowledge of CDG’s woes told me this week the company is facing pressure by the Department of Energy to drop its petition to recoup those costs. The feds want CDG to swallow a $1.4 million tab to dispose of the bum solar panels.

In July, according to Dow Jones, CDG asked a Delaware bankruptcy court “for permission either to sell or collect rent on the property Abound Solar Inc. has at its facility, saying the situation is threatening its ability to stay in business.” Like many private enterprises in the Age of Obama’s Brass-Knuckled Politics of Revenge, fear of retribution holds back many from coming forward publicly about such attempted shakedowns.

CDG serves industries ranging from automotive to food and beverage, electronic, medical, furniture, clothing, sporting goods and telecommunications. Founded in 2005, CDG handles distribution, fulfillment, transportation, logistics and inventory management using a high-tech data system. For the past three years, the company warehoused solar panels manufactured by Fort Collins-based Abound Solar.

Yes, Abound Solar. Also known as: Colorado’s own Solyndra.

In June, less than a year after fellow Obama green boondoggle Solyndra went belly up, Abound filed for bankruptcy. As I reported in March, the financial outlook of the $400 million DOE loan guarantee recipient was based on false hope and imaginary change. Obama’s envirocrats ignored bright red flags from Fitch Ratings about Abound’s substandard technology and failures to meet basic efficiency targets.

Abound borrowed $70 million against its $400 million Obama DOE loan guarantee; taxpayers will lose up to $60 million on the loan after the bankruptcy proceedings are complete. Nearly 125 Abound Solar employees lost their jobs. Screwed-over companies like CDG that did business with Abound are not alone. At least one other warehouse in Colorado is storing the costly panels. And an untold number of related contractors and businesses have been stiffed. “I did a lot of machining for Abound,” one business owner told me this summer, “and they went under owing me a fair amount.”

Recently released internal documents show that customers demanded replacements for the panels after experiencing “low performance,” “under performance” and “catastrophic failures.” Credit and technical advisers at DOE complained about having “major issues” with the Abound Solar deal and expressed concern over the “transaction pressure under which we are all now operating.” The documents fly in the face of Obama’s denial — just days before Election Day — that his White House played any role in this fiscal disaster.

The investigative work of Colorado’s Todd Shepherd at, Amy Oliver at the Independence Institute and Michael Sandoval now of the Heritage Foundation exposed Abound’s crony ties to the Obama administration. Like Solyndra, Abound had a deep-pocketed bundler with ties to the White House. Progressive activist and billionaire heiress Pat Stryker, a repeat visitor to the Obama White House, owns an investment firm that invested considerably in Abound and donated nearly $500 million to the Democrats between 2008 and 2012.

Criminal and civil probes into Abound Solar’s alleged malfeasance — there are reports that the firm knowingly sold faulty goods — have been launched in both Colorado and on Capitol Hill. The stench of pay-for-play abounds. While Obama giddily promises his cronies and sycophants that “the best is yet to come,” small-business owners are fighting for their lives. Where’s their “fair share”?

And in the tax arena

The Congressional Budget Office officially reported on Wednesday that the federal budget deficit in fiscal 2012 (which ended on Sept. 30) topped a trillion dollars for the fourth straight year even though federal taxes paid by individuals increased by 4 percent during the year and federal income taxes paid by corporation increased by about 34 percent.

The increase in corporate federal income tax payments was largely due to changes in the tax rules that corporations were required to follow.

“The federal government incurred a budget deficit of $1.1 trillion in fiscal year 2012, the fourth consecutive year with a deficit above $1.0 trillion,” said the CBO.

“Revenues from all major sources increased in 2012,” CBO reported. “Corporate income taxes accounted for about 40 percent of the increase in total revenues, rising by $61 billion (or 34 percent) and increasing from 1.2 percent to 1.6 percent of GDP. The growth in corporate receipts resulted largely from changes in tax rules in recent years, particularly those that dictate how quickly firms may deduct the cost of their investments in equipment.”

Individuals also paid more taxes in 2012, according to CBO. “Receipts from individual income taxes grew by $41 billion (or 4 percent), and remained at 7.3 percent of GDP in 2012. More than half of the increase came from withheld taxes, which rose by $27 billion (or3 percent).”

At the same time, defense spending declined in 2012. “Defense outlays fell by $19 billion (or 3 percent) in 2012 after rising at an average annual rate of 6 percent over the past five years. Most ($17 billion) of that decline was attributable to the reduction in the number of U.S. Army personnel in Afghanistan and Iraq. Defense spending was 4.2 percent of GDP, down from 4.5 percent in 2011.”

At the same time corporate income taxes were increasing by about 34 percent, economic growth was lagging. In the fourth quarter of 2011, real GDP grew at 4.1 percent, according to the Bureau of Economic Analysis. But in the first three quarters of 2012, it grew by 2.0 percent, 1.3 percent and 2.0 percent.

The national unemployment rate in October was 7.9 percent, according to the Bureau of Labor Statistics. In January 2009, when President Barack Obama was inaugurated to his first term, it was 7.8 percent.

When calculated as a share of GDP, the last four fiscal years have seen the four highest deficits since the end of World War II in fiscal 1946. (Prior to 1974, federal fiscal years ran from July 1 to June 30.)

“As a share of the nation’s gross domestic product (GDP), the deficit declined—from

8.7 percent in 2011 to 7.0 percent in 2012—but it was still the fourth highest as a share of GDP since 1946,” said CBO.

And…AHEM!…On the Second Amendment front

The United Nations Small Arms Treaty passed in its second session. The Media was silent over its passage.
According to the UN’s press release,

Concluding its two-week session today, the second United Nations conference to review the 2001 Programme of Action on trafficking in small arms and light weapons adopted a consensus outcome document that highlighted the international community’s renewed commitment to preventing, combating and eradicating the illicit trade.

The document’s adoption represented a major achievement for delegations, who had failed to agree on a final outcome at the first review conference, held in 2006. “We accomplished something great today,” said U. Joy Ogwu ( Nigeria), President of the Conference, formally known as the United Nations Conference to Review Progress Made in the Implementation of the Programme of Action to Prevent, Combat and Eradicate the Illicit Trade in Small Arms and Light Weapons in All Its Aspects.

According to the text, Member States renewed their pledge to rid the world of the scourge brought upon it by the illicit manufacture, transfer and circulation of small arms and light weapons, and their excessive accumulation and uncontrolled spread in many parts of the world. They also committed to mobilizing the necessary political will and resources to implement the Programme of Action and the International Tracing Instrument, with the aim of achieving clear and tangible results over the next six years, through 2018.

Further by the text, States emphasized that the illicit trade in small arms and light weapons continued to sustain conflicts, exacerbate armed violence, undermine respect for international humanitarian law and international human rights law, aid terrorism and illegal armed groups, and facilitate increasing levels of transnational organized crime, as well as trafficking in humans, drugs and certain natural resources.

Ahhh yes, the cries of terrorism and drugs and boogey men for the passage of the treaty. This comes from member nations who knowingly promote these kinds of things. Even the United States is now in the midst of a scandal involving gunwalking, known as Fast and Furious, and at least one man arrested has come forward and said that Fast and Furious was all about arming drug cartels in Mexico, never about tracking them.

All countries signed the declaration and further documentation can be found here.

Read the entire article and, if you cherish the rights given us by the Second Amendment, understand that what is happening in the U.N. Smallarms Treaty talks is the Obama Administration conspiring — yeah, that’s exactly the right word, conspiring — with that incompetent, blundering, corrupt international agency… to allow them to reach into our homes and gun cabinets and take away our right to keep and bear what they find in them.

The language used purports to be concerned solely with criminals and terrorists, but the reality is that once they’ve got us on this “slippery slope”, the abounding interpretations will favor the far left, those people who would prefer that the government holds all weapons, effectively controlling the rest of us. Every liberal agenda begins with this same kind of language and ends with extremities we certainly wouldn’t have countenanced had we known where it all was really heading.

Thanks again to all the anti-America, politically ignorant/reality challenged and all others who have now given Obama a “mandate” to continue bringing this great country down the road to ruin…

by @ 12:01 pm. Filed under America's Future, Liberal Agendas, Liberals Have Their Way
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6 Responses to “Some Casualties of Obamunist Reelection”

  1. The Gray Monk Says:

    I found the statistics on the election interesting. The demographics suggest that the gender balance played a part, with women much more likely to be left leaning than right and far more likely to vote for ’social’ issues than not. That applies to ‘gay’ males as well, so, with women now out numbering men in the US (Census figures) and with the voting showing a 53-47% split female to male, the surprise is that he didn’t get more of the vote.

    I am also interested to see how many companies, like Boeing, MacDonald-Douglas and others are suddenly laying off workers and downsizing. I’m told that one wished to do so BEFORE the election, but was prevailed upon by the Obama camp to hold off in case it made “the POTUS look bad” for the election. Didn’t someone get impeached for similar tactics? I did read somewhere else that it was possible an attempt would be made to impeach Obama if he was re-elected. What grounds would be used?

    Another intriguing aspect I note in all the media is the portrayal of the Republican Party as ‘anti-people’ and ‘war mongering’ with them being painted as dictarorial and a threat to world peace. Even Michael Moore has emerged saying things like ‘we will ensure the Republicans are destroyed.’ His Fahrenheit 911 is promoted by the BBC and in Iran as “documentary” and “proof that 911 was engineerd by Bush.” At this rate I rather think the US is likely to break up in the next few years.

  2. Mrs Wolf Says:

    Gray Monk

    how many companies, like Boeing, MacDonald-Douglas and others are suddenly laying off workers and downsizing.

    …to name a few.

    Where impeachment is concerned, it would take a very large percentage of Congress, and there’s no doubt that there’s never been a more deserving president in this country, but no one would attempt to impeach the man without some measure of public support, and therein lies the problem: While Obama’s certainly done more than enough to earn himself an impeachment, his exploits are either ignored or buried by our partisan, irresponsible mainstream media so that the general public doesn’t have an inkling of anything that would make Obama look bad.

    These women who voted for him, like minorities and gays, are as misguided as most of our younger generation — people who allow the media to tell them how to vote rather than take the time to do their own research and make their own informed decisions.

    The younger generation are too wrapped up in their electronic toys and their narcissistic pleasures to concern themselves with anything as important as the future of America…

    I rather think the US is likely to break up in the next few years

    …they will regret their blissful ignorance sooner rather than later.

    in all the media is the portrayal of the Republican Party as ‘anti-people’ and ‘war mongering’ with them being painted as dictarorial and a threat to world peace.

    The lefty media, well aware that their liberal Democrat heroes/heroines cannot win the voters over through proactive means are left with little choice but to use scare tactics instead; Instead of telling the public what positive plans the left has once it’s in power (there are none) they have to slander the Republicans, conservatives, Christians et al.

    Not: “If elected, the Democrats will do this and that,” but “If the Republicans win, they will take away this and deprive you of that, because they are war mongering racist fascist nazis, etc etc etc.”

    The simpletons apparently raised by the last couple of generations need hear no more.

    Then, of course, there seems also to be an attitude among our young that says, “Who wants to interrupt our good times and perpetual partying with something as gloomy as reality?”

    I tend to agree that our great nation, like other great nations that have been on top before, is headed for obscurity of sorts because of nothing more than our succumbing to the unending tenacity of enemies within, in our complacence failing, as a people, to take them seriously.

  3. The Gray Monk Says:

    I read today that there are already rumblings in a number of States to hold referenda on the issue of remaining within the Union. Somone better start taking this seriously, you cannot allow the politics to remain this seiously polarised without the lid coming off badly somewhere.

  4. Mrs Wolf Says:

    Gray Monk

    I’ve been reading about that.

    First some people in Louisiana started a petition for seccession, then several other states took it up.

    It won’t happen — last time it was attempted, about 150 years ago, the Civil War commenced — but the will to do so is justified.

    More than anything else, it demonstrates how angry much of our country is that this America hating socialist managed to get reelected even after four graphically destructive years in office, complete with lies, significant breeches of the Constitution, illegal end runs around Congress…

    It also shows how misguided enough Americans are that Obama was given another four years to finish the destruction he started.

    We’ll probably end up paying, somewhere down the road, by becoming another Greece or even another Zimbabwe.

    There’s no limit as to how far an Obama can take us along the road to becoming a full fledged third world s—hole.

    There are many Americans I know who believe we are already about there.

  5. Mrs Wolf Says:

    Gray Monk

    This is not to say that these seccession petitions aren’t gaining traction!

    It’s interesting to note that when Bush was running, a lot of prominent liberals claimed that if he won, they would leave the U.S. for good. Unfortunately, when he did win, they reneged and didn’t bless us with their absence as we’d hoped.

    Here we have a lot of fed up Americans who see that the union is no longer working for the people.

    I will be interested to see where this goes!

  6. The Gray Monk Says:

    So will I!