contact
Main
Contact Me

about
About RightWing NutHouse

Site Stats

blog radio

Listen to internet radio with RINO Hour of Power on Blog Talk Radio
Click Here to Pay Learn More

testimonials

"Brilliant"
(Romeo St. Martin of Politics Watch-Canada)

"The epitome of a blogging orgasm"
(Cao of Cao's Blog)

"Rick Moran is one of the finest essayists in the blogosphere. ‘Nuff said. "
(Dave Schuler of The Glittering Eye)

archives
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004
September 2004

search



blogroll

A CERTAIN SLANT OF LIGHT
A Conservative Lesbian
ABBAGAV
ACE OF SPADES
ALPHA PATRIOT
AM I A PUNDIT NOW
AMERICAN FUTURE
AMERICAN THINKER
ANCHORESS
AND RIGHTLY SO
ANDREW OLMSTED
ANKLEBITING PUNDITS
AREOPAGITICA
ATLAS SHRUGS
BACKCOUNTRY CONSERVATIVE
BASIL’S BLOG
BEAUTIFUL ATROCITIES
BELGRAVIA DISPATCH
BELMONT CLUB
BETSY’S PAGE
Blacksmiths of Lebanon
Blogs of War
BLUEY BLOG
BRAINSTERS BLOG
BUZZ MACHINE
CANINE PUNDIT
CAO’S BLOG
CAPTAINS QUARTERS
CATHOUSE CHAT
CHRENKOFF
CINDY SHEEHAN WATCH
Classical Values
Cold Fury
COMPOSITE DRAWLINGS
CONSERVATHINK
CONSERVATIVE THINK
CONTENTIONS
DAVE’S NOT HERE
DEANS WORLD
DICK McMICHAEL
Diggers Realm
DR. SANITY
E-CLAIRE
EJECT! EJECT! EJECT!
ELECTRIC VENOM
ERIC’S GRUMBLES BEFORE THE GRAVE
ESOTERICALLY.NET
FAUSTA’S BLOG
FLIGHT PUNDIT
FOURTH RAIL
FRED FRY INTERNATIONAL
GALLEY SLAVES
GATES OF VIENNA
HEALING IRAQ
http://blogcritics.org/
HUGH HEWITT
IMAO
INDEPUNDIT
INSTAPUNDIT
IOWAHAWK
IRAQ THE MODEL
JACKSON’S JUNCTION
JO’S CAFE
JOUST THE FACTS
KING OF FOOLS
LASHAWN BARBER’S CORNER
LASSOO OF TRUTH
LIBERTARIAN LEANINGS
LITTLE GREEN FOOTBALLS
LITTLE MISS ATTILA
LIVE BREATHE AND DIE
LUCIANNE.COM
MAGGIE’S FARM
MEMENTO MORON
MESOPOTAMIAN
MICHELLE MALKIN
MIDWEST PROGNOSTICATOR
MODERATELY THINKING
MOTOWN BLOG
MY VAST RIGHT WING CONSPIRACY
mypetjawa
NaderNow
Neocon News
NEW SISYPHUS
NEW WORLD MAN
North Star National
Northerncrown
OUTSIDE THE BELTWAY
PATRIOTIC MOM
PATTERICO’S PONTIFICATIONS
POLIPUNDIT
Political Byline
POLITICAL MUSINGS
POLITICAL TEEN
POWERLINE
PRO CYNIC
PUBLIUS FORUM
QUESTIONS AND OBSERVATIONS
RACE42008
RADICAL CENTRIST
Ravenwood’s Universe
RELEASE THE HOUNDS
RIGHT FROM LEFT
RIGHT VOICES
RIGHT WING NEWS
RIGHTFAITH
RIGHTWINGSPARKLE
ROGER L. SIMON
SHRINKRAPPED
Six Meat Buffet
Slowplay.com
SOCAL PUNDIT
SOCRATIC RYTHM METHOD
STOUT REPUBLICAN
TERRORISM UNVEILED
TFS MAGNUM
THE ART OF THE BLOG
THE BELMONT CLUB
The Conservative Cat
THE DONEGAL EXPRESS
THE LIBERAL WRONG-WING
THE LLAMA BUTCHERS
THE MAD PIGEON
THE MODERATE VOICE
THE PATRIETTE
THE POLITBURO DIKTAT
THE PRYHILLS
THE RED AMERICA
THE RESPLENDENT MANGO
THE RICK MORAN SHOW
THE SMARTER COP
THE SOAPBOX
THE STRATA-SPHERE
THE STRONG CONSERVATIVE
THE SUNNYE SIDE
THE VIVID AIR
THOUGHTS ONLINE
TIM BLAIR
TRANSATLANTIC INTELLIGENCER
TRANSTERRESTRIAL MUSINGS
TYGRRRR EXPRESS
VARIFRANK
VIKING PUNDIT
VINCE AUT MORIRE
VODKAPUNDIT
WALLO WORLD
WIDE AWAKES
WIZBANG
WUZZADEM
ZERO POINT BLOG


recentposts


RINO Hour of Power: Baltimore Riots: Are we in for a long, hot summer?

RINO Hour of Power: Is the GOP doing a better job of running Congress than the Democrats?

RINO Hour of Power: Hillary Announces: Should we bother to count the votes?

RINO Hour of Power: A Preview of the 2015 Major League Baseball Season

RINO Hour of Power: Indiana religious freedom law: Bigotry or defending the 1st Amendment?

RINO Hour of Power: A Conversation with David P. Goldman, AKA ‘Spengler’

RINO Hour of Power: Eight Year Anniversary of Broadcasting on Blog Talk Radio

RINO Hour of Power: Political Potpourrie

RINO Hour of Power: Mr. Netanyahu Goes to Washington

Boycott CPAC

RINO Hour of Power: GOP playing chicken with Homeland Security funding

RINO Hour of Power: What does the Brian Williams fiasco tell us about modern journalism?

RINO Hour of Power: The Vaccine Controversy and the Anti-Science Right

RINO Hour of Power: The State of the Union - The State of Obama’s Presidency

RINO Hour of Power: A Tour d’Horizon of Global Terrorism

RINO Hour of Power: How will Republican factionalism in the House affect Congress?

RINO Hour of Power: The Opening to Cuba

RINO Hour of Power: The Death of The New Republic

RINO Hour of Power: Political Potpourri

Ten Reasons Why Thanksgiving is My Favorite Holiday

RINO Hour of Power: The Fallout from Ferguson

RINO Hour of Power: Gruber Fallout and the Lame Duck Session of Congress

RINO Hour of Power: Election Night Extravaganza

RINO Hour of Power: GOP eyes Senate majority status one week from mid terms

RINO Hour of Power: War Drums Beating in Washington


categories

"24" (117)
ABLE DANGER (10)
American Issues Project (11)
Arizona Massacre (5)
Bailout (32)
Bird Flu (5)
Birthers (16)
Blackhawks (2)
Blagojevich (9)
Blogging (404)
Books (10)
CARNIVAL OF THE CLUELESS (68)
Caucasus (1)
CHICAGO BEARS (40)
Chicago Bulls (3)
Chicago East (3)
CIA VS. THE WHITE HOUSE (29)
Cindy Sheehan (13)
Climate Change (3)
Climate Chnage (11)
conservative reform (96)
cotton candy conservatives (20)
CPAC Conference (13)
Culture (11)
Debt ceiling (2)
Decision '08 (402)
Decision 2010 (13)
Decision 2012 (34)
Deficit reduction (5)
Election '06 (9)
Entitlement Crisis (4)
Environment (15)
Ethics (290)
Fairness Doctrine (1)
Financial Crisis (53)
FRED! (28)
FrontPage.Com (79)
Frum Forum (2)
Gaza incident (1)
General (431)
GOP Reform (61)
Government (295)
health care reform (66)
History (298)
Homeland Security (18)
IMMIGRATION REFORM (28)
IMPEACHMENT (3)
Iran (114)
IRAQI RECONCILIATION (13)
Israel vs. Hamas (6)
KATRINA (29)
Katrina Timeline (5)
Lebanon (18)
Liberal Congress (12)
Manzine (1)
Marvin Moonbat (14)
Media (262)
Middle East (183)
Moonbats (81)
National Health Insurance (4)
NET NEUTRALITY (2)
Newsreal Blog (1)
Obama inauguration (2)
Obama-Rezko (15)
OBAMANIA! (80)
Oil Spill (2)
Olympics (6)
Open House (1)
Palin (23)
Pirates (1)
PJ Media (119)
PJ Tatler (5)
Politics (1271)
Presidential Debates (7)
Presidential Transition (9)
RINO Hour of Power (140)
RNC (2)
S-CHIP (3)
Sarah Palin (5)
Science (70)
Space (33)
Sports (18)
Star Trek (1)
SUPER BOWL (7)
Supreme Court (28)
Swine Flu (4)
Tea Parties (15)
Technology (5)
Tenth Amendment (3)
The Caucasus (1)
The Law (19)
The Long War (11)
The Rick Moran Show (306)
Too Big To Fail (8)
Torture (2)
UNITED NATIONS (22)
Walpin Scandal (2)
War on Terror (402)
WATCHER'S COUNCIL (117)
WHITE SOX (7)
Who is Mr. Hsu? (7)
Wide Awakes Radio (9)
WORLD CUP (11)
WORLD POLITICS (127)
WORLD SERIES (16)


meta

Admin Login
Register
Valid XHTML
XFN







credits


Design by:


Hosted by:


Powered by:
2/14/2012
Obama’s Tax Insanity

I have an article up at FPM this morning analyzing  some of the numbers from Obama’s fantasy budget he released yesterday.  I like James Pethokoukis’s take on it:

Pethokoukis also points out the cynically dishonest projections for economic growth upon which much of the budget is based: 3.4% growth in 2015, 4.1% in 2016, 4.1% inn 2017, and 3.9%  in 2018. Pethokoukis notes that the “U.S. economy has only seen a run like that three times in the past four decades. And the Obama Boom is supposed to happen amid rising tax rates, interest rates, and debt? Good luck, Mr. President.”

Of course, it has no chance of becoming law. But as a campaign document, it is quite instructive:

His spending “cuts” included in the budget do not touch entitlements, forcing the nation’s defense to take the brunt of the cutbacks. The defense budget will fall 4%. In practical terms, it means slashing eight Army combat brigades, six Marine Corps battalions and 11 fighter squadrons, and will start to pull two Army brigades out of Europe.

Meanwhile, the Department of Energy becomes a huge winner, increasing its budget a whopping 41% — mostly to fund Obama’s green energy fiascoes. The Department of Justice makes out a big loser, with its budget falling 15%. But it is where the cuts will be made that will rile Republicans. The president proposes to massively cut a program that reimburses states and cities for jailing illegal immigrants for committing crimes. Funding would fall from $240 million to just $70 million.

The Hispanic vote is vital to his re-election and allowing illegal aliens who have committed crimes out on bail or to simply disappear will no doubt sit well with liberal Latino groups who have been agitating against enforcing any of the nation’s immigration laws.

For some reason, the president is proposing a big increase for the Commerce Department. This useless federal bureaucracy will get a $10 billion gift “to help build an interoperable public safety broadband network.” Critics point out that the government has already spent $13 billion on radio equipment since 2001 and that a public auction of frequencies — ostensibly to recover the costs of the program — won’t realize nearly enough to pay for it.

Agency after agency, department after department, will see new spending. For the Department of Transportation, a pork-laden, five-year $476 billion highway bill and a $50 billion “infusion” for roads, bridges and other transportation infrastructure. Did we mention the $47 billion for high speed rail? Such trivialities are an asterisk in this budget.

Foreign aid gets a boost, including $800 million for the “Arab Spring.” The president wants to create a “Middle East and North Africa Incentive Fund” — explained in the budget document as a fund that “will provide incentives for long-term economic, political, and trade reforms to countries in transition — and to countries prepared to make reforms proactively.” Analysts are unsure if this is “new money” or simply collecting cash from other programs and placing it in a fund with a new name.

No comment yet from the Muslim Brotherhood whether Shariah finance rules will allow them to participate in the “incentives for reform” in economic, political, and trade matters.

Meanwhile, Medicare and Medicaid spending continues its unsustainable pace, rising 9% in FY2013. The administration is claiming $360 billion in savings as a result of paying doctors and hospitals less for Medicare services — the old “doc fix” that is added to HHS budgets every year and is shot down every year by Congress and the AMA.

One might expect the “green” energy initiatives, the defense cuts, and the massive increase in transportation spending where Obama’s union allies will get a windfall. But it is how the president wants to raise taxes that the class warfare theme of his campaign for re-election and, what can only be described as his hatred for the successful, the entrepreneur, the savvy investor, and the small business person, becomes apparent.

By: Rick Moran at 11:03 am
One Response to “Obama’s Tax Insanity”
  1. 1
    Obama’s Tax Insanity | Liberal Whoppers Pinged With:
    5:03 pm 

    [...] See the original post here: Obama’s Tax Insanity [...]

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.