Who’s a federal budget hawk? Would you guess President Barack Obama?

Wasn’t it on Dragnet, that character Sergeant Joe Friday made famous this line: “Just the facts, Ma’am.”

And then, there’s Reagan, who TRIPLED our national debt, and Bush II whose Iraq War, Wall Street deregulation gave us TARP, and more…
—

Who Is The Smallest Government Spender Since Eisenhower? Would You Believe It’s Barack Obama?

5/24/2012 @ 6:33PM |22,212 views

It’s enough to make even the most ardent Obama cynic scratch his head in confusion.

Amidst all the cries of Barack Obama being the most prolific big government spender the nation has ever suffered, Marketwatch is reporting that our president has actually been tighter with a buck than any United States president since Dwight D. Eisenhower.

Who knew?

Check out the chart –

Presidential Spending Reagan-Obama

So, how have the Republicans managed to pursuade Americans to buy into the whole “Obama as big spender” narrative?

It might have something to do with the first year of the Obama presidency where the federal budget increased a whopping 17.9% —going from $2.98 trillion to $3.52 trillion. I’ll bet you think that this is the result of the Obama sponsored stimulus plan that is so frequently vilified by the conservatives…but you would be wrong.

The first year of any incoming president term is saddled—for better or for worse—with the budget set by the president whom immediately precedes the new occupant of the White House. Indeed, not only was the 2009 budget the property of George W. Bush—and passed by the 2008 Congress—it was in effect four months before Barack Obama took the oath of office.

Accordingly, the first budget that can be blamed on our current president began in

Newt Gingrich: One good idea

Here is one idea I think Newt Gingrich has spot-on.

More Signs of President Obama’s Re-election

Additional signs of President Obama’s impending re-election: Discord, turmoil, confusion, tumult and unrest within the Republican party.

July 4, 2011

Time in House Could Be Short for Republican Newcomers

http://www.nytimes.com/2011/07/05/us/politics/05freshmen.html?seid=auto&smid=tw-nytimes&pagewanted=print

By JENNIFER STEINHAUER

WASHINGTON — Just when freshman House Republicans have finally learned their way to the Cannon Caucus Room, how to vote on a motion to proceed and which commissary serves the best tuna sandwiches, someone back home — worse, someone from their own party — wants to take it all away.

John Edwards, and How to Indict the Ham Sandwich

John Edwards, U.S. Senator, North Carolina (D), official portrait

In legal circles – in which I do not travel – there is a common saying (one which can be found on Wikipedia – the so-called “fount of all knowledge” – please excuse me while I find the vomitorium) – which says  “A good prosecutor could get a grand jury to indict a ham sandwich.^“ 

It is that aphorism – an aphorism, which by the way, is defined as “a terse saying embodying a general truth, or astute observation” – upon which I begin this entry.

John Edwards, a former U.S. senator from North Carolina, Democrat, and former presidential candidate, was discovered to have fathered a child out of wedlock while he was married to his now-late former wife Elizabeth, whom was also an attorney, and whom died of a recurrence of cancer.

Fearing public censure, “handlers” for former Senator Edwards’ presidential campaign sought to

Continuing Stubborn Ignorance

Having recently read this Op/Ed columnist’s article, I found the author’s remarks spot-on… so much so, that I am sharing them here for your benefit. I hope you enjoy them as much as I did.

Within the past decade, I’ve written three columns titled “Deception 101,” “Stubborn Ignorance,” and “Exploiting Public Ignorance,” all explaining which branch of the federal government has taxing and spending authority. How can academics, politicians, news media people and ordinary citizens get away with statements such as “Reagan’s budget deficits,” “Clinton’s budget surplus,” “Bush’s budget deficits and tax cuts” or “Obama’s tax increases”? Which branch of government has taxing and spending authority is not a matter of rocket science, but people continue to make these statements. The only explanation that I come up with is incurable ignorance, willful deception or just plain stupidity; if there’s another answer, I would like to hear it.

Let’s look at the facts. Article I, Section 7 of the U.S. Constitution reads:

UAH President Dr. David B. Williams resigns… as predicted.

Regular readers of this blog will note that in an earlier entry entitled “UAH President Dr. David Williams to resign” which was published Wednesday, February 17, 2010, I predicted Williams’ resignation.

Today’s – Tuesday, March 15, 2011 – Huntsville Times front page headline which read “Williams surprises UAH with departure,” comes as no surprise at all.

UAH President David Williams resigns - Huntsville Times front page 3/15/11

What I found particularly interesting about the article was that

Prediction: Obama will be re-elected

Does history repeat itself?

If history is any indicator, then President Obama will be re-elected.

The astute political observer will note that political events are playing out much like they did during President Clinton‘s first term. There is an angry Republican party whipped up by a vitriolic Speaker of the House, a government shutdown, allegations of a federal government that is too large, a domestic debt that is unmanageable, foreign turmoil, involvement in international armed conflict in the Middle East, anger by Republicans over health care reform, and a mid-term loss to Republicans… it’s uncanny.

Previously, I had written in an entry entitled “House Republicans move to repeal Obama health insurance reforms” that

BMW Tapped $3.6 Billion in Federal Reserve Funds During Financial Crisis

BMW Headquarters, Munich, Germany - Image via Wikipedia

By Chris Reiter – Dec 2, 2010

Bayerische Motoren Werke AG, the world’s largest maker of luxury cars, secured funds from the U.S. Federal Reserve during the financial crisis to boost liquidity as other sources dried up.

BMW’s largest transaction under the Fed’s Commercial Paper Funding Facility was for $3.62 billion on Jan. 30, 2009, according to data released yesterday. BMW made “intermittent” use of the Fed program for refinancing at a time when other forms of credit were frozen, Mathias Schmidt, a spokesman for the Munich-based automaker, said today.

“We tapped into this program in 2008 and 2009 during the financial crisis

President Obama goes to Hell

One day in the future, Barack Obama has a heart attack and dies.

He immediately goes to hell, where the devil is waiting for him.

“I don’t know what to do here,” says the devil. “You are on my list, but I
have no room for you. You definitely have to stay here, so I’ll tell you
what I’m going to do.

Taxed Enough Already? Not hardly, says new report.

So-called “tea” partiers may be disappointed

The Tax Policy Center (TPC), a non-partisan policy analysis and collaborative effort of the Brookings Institution and Urban Institute, both Washington, D.C. think-tanks, recently reported that 47% of all Americans will not pay income tax for the 2009 tax year.

President Obama’s “Making Work Pay” tax credits, and his American Recovery and Reinvestment Tax Act of 2009 (Public Law 111-5) have further reduced income tax burdens on Americans.

Because of his initiatives, more than half of all elderly households, families with children, and other Americans will pay no income tax this year. More than 75% of married couples and single heads of households with income between $30,000 – 40,000 will pay no income tax. And more than 90% of all households with children will have no tax liability this year.

The Tax Policy Center estimated President Obama’s policies significantly lowered the tax burden on average Americans,