Tuesday, July 3, 2012

WEALTH CREATORS ARE FLEEING AMERICA INSTEAD BEING DRAWN TO HER

WEALTH CREATORS ARE FLEEING AMERICA INSTEAD BEING DRAWN TO HER... WHAT A SHAME FOR THE SHINING CITY ON THE HILL.

**** WHAT A SAD STATEMENT THIS IS*** NOT FOR THE COMMON REASON EVERYONE IS TOUTING FROM THE  CLASS WARFARE POINT OF VIEW THOUGH!!
CASE IN POINT: Facebook co-founder renounces US citizenship on the eve of IPO
Yes now with the State of America there are BETTER places in the world that you can keep your money due to the TAX POLICIES OF THIS ONCE GREAT BOUNTIFUL NATION! Instead of being the LAND OF OPPORTUNITY and THE GOLDEN SHINING CITY ON THE HILL.... PEOPLE WITH MONEY... THE CREATORS OF WEALTH AND JOBS... ARE LEAVING and are being replaced by Takers coming across the borders illegaly to TAKE and not to CREATE !!
Shades of Ayn Rand, The Rich Are Leaving the U.S. in Greater Numbers
Normally averaging hundreds per year, last year the U.S. had almost 1,800 citizens renounce their citizenship and move overseas. The number of wealthy Americans dropping their citizenship has grown sevenfold in the four years since a whistleblower at UBS prompted a crackdown on tax evasion, according to a separate Bloomberg report.
The latest, Facebook co-founder Eduardo Saverin, stands to potentially save hundreds of millions of dollars by giving up his citizenship, and according to an immigration attorney and expert on citizenship matters, saving on taxes – especially capital gains duties – is usually the reason people make the decision.
John Dorrance III, the heir to the Campell’s Soup fortune, ditched his U.S. citizenship and moved to Ireland before selling his stake in the family business, according to Forbes.

SHAME ON AMERICA FOR LOSING ITS LUSTRE....
America is no longer as attractive to highly successful people as we like to think.
People say the dollar isn't what it used to be. Apparently neither is a United States passport. Last year, nearly 1,800 American expatriates renounced their citizenship, according to Treasury Department figures.
What gives?
Here's the real issue: When it comes to attracting highly successful people, America is just not as competitive as we like to think we are. What we need is a complete rethink.
That rethink begins with a hard look at what these 1,800 citizenship renunciations are telling us. True, 1,800 is a drop in the bucket compared with either the number of Americans working abroad or the number of foreigners who are seeking U.S. citizenship. Still, when it comes to the global inefficiencies of our tax code, these 1,800 ex-Americans are canaries in the coal mine.
Our tax code--and especially the onerous reporting requirements that come with it--is turning U.S. citizens into economic lepers. Many foreign banks refuse us as customers; some investment ventures no longer want us as partners; and some business opportunities that would have benefited Americans now benefit others.
For successful foreigners, our global tax regime tells them this: Avoid entanglements with America. Andrew Mitchel is a Connecticut-based international tax attorney who blogs on these issues. He says that for someone who has foreign assets abroad, the cost-benefit analysis doesn't always come out in America's favor.
"My advice to, say, a small-business man abroad would be to think twice about acquiring U.S. citizenship," says Mr. Mitchel. "Many of these people do not realize what that means for their businesses until they start dealing with the IRS."
All these disincentives flow from a single source: Uncle Sam's insistence on taxing people and companies for what they earn outside U.S. borders.
Jackie Bugnion, a director with the Geneva-based American Citizens Abroad, says the U.S. approach makes no sense at either the individual or corporate level.
At the individual level, says Ms. Bugnion, the IRS imposes a "highly complex, costly double filing." Even so, it produces little revenue because most Americans end up owing no taxes at all because of exemptions and what they pay where they live. Indeed, this is one area where free-marketeers think that America should be more like Europe, which does not tax its citizens overseas.
At the corporate level, taxing overseas earnings means higher capital costs for the U.S. Instead of taxing businesses only for what they earn in America, Ms. Bugnion says, Congress makes things even more complicated by trying to offset the negatives with occasional measures such as deferred taxation on profits earned and reinvested overseas.
In short, America is not facing up to the big question: If you are a dynamic individual with a good business, do you want to be an American--and open up all your world-wide activities to the IRS--or might you be happy living and raising your family in a part of the world that welcomes rather than discourages success? The aforementioned IRS report suggests other countries are busy answering that question, citing a World Bank study showing that, unlike ours, "40 economies made it easier to pay taxes last year."
Now the whole notion that someone would give up U.S. citizenship to get out from the IRS will be taken by some folks as evidence that he or she isn't worthy of American citizenship. Maybe not. Alas, a focus on the punitive only blinds us to the larger costs this approach is inflicting on the rest of society.
Indeed, the whole reason Treasury reports the numbers of Americans renouncing citizenship instead of the State Department is because Congress--Republicans as well as Democrats--set it up that way. The aim is to "name and shame." That's the Berlin Wall approach: The idea that the thrust of U.S. tax law should be to prevent any American from benefiting from a better deal somewhere else.
That a record 1,800 Americans gave up their citizenship last year suggests something else: Instead of building walls to keep talent and investment from getting out, Congress might start treating these as capital we ought to work to attract.


Read More Here :   http://www.freedomsphoenix.com/News/111070-2012-05-03-wealthy-americans-queue-to-give-up-their-passports.htm

The U.S. Economy By The Numbers: 70 Facts That Barack Obama Does Not Want You To See

WE ARE BEING SCREWED.... The U.S. Economy By The Numbers: 70 Facts That Barack Obama Does Not Want You To See!!

DO NOT BE BLINDED !!
THEY ARE LAUGHING AT US PEOPLE:   Why is the economy going to collapse?  Have you ever been asked that question?  If so, what did you say?  Sometimes it is difficult to communicate dozens of complicated economic and financial concepts in a package that the average person on the street can easily digest.  It can be very frustrating to know that something is true but not be able to explain it clearly to someone else.  Hopefully many of you out there will find the list below useful.  It is a list of 70 numbers that show why we are headed for a national economic nightmare.  So why does the title of the article single out Barack Obama?  Well, it is because right now he is the biggest cheerleader for the economy.  He is attempting to convince all of us that everything is just fine and that the economy is heading in a positive direction.  Well, the truth is that everything is not fine and things are about to get a whole lot worse.  Certainly others should share in the blame as well.  Congress has been steering the economy in the wrong direction for decades, the "too big to fail" banks have turned Wall Street into a pyramid of risk, leverage and debt, and the Federal Reserve has more power over the financial system than anyone else does.  Our economy has been in decline for quite a while now, and soon we are going to smash directly into an economic brick wall.  Unfortunately, a lot of Americans are in denial about this.  A lot of people out there doubt that an economic collapse is coming.  Well, if you know someone that believes that the U.S. economy is going to be "just fine", just show them the list below.

The following are 70 facts that Barack Obama does not want you to see....

$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.


Hard Working American vs. The Government Parasite

The Hard Working American vs. The Government Parasite ( Obama's Army..created to collapse the system! )

by John Gaultier

Be aware and inform your friends...

The Hard Working American vs. The Government Parasite  ( Obama's Army..created to collapse the system! )Which lifestyle choice produces better results - being a hard working American or being a government parasite?  Actually, when you look at the cold, hard numbers they may just surprise you.  In America today, we deeply penalize hard work and we greatly reward government dependence.  If you live in a very liberal area of the country and you know how to game the system, it is entirely possible to live a comfortable existence without ever working too much at all.  In fact, there are some Americans that have been living off of "government benefits" for decades.  Many of these people actually plan their lives around doing exactly what they need to do to qualify for as many benefits as possible.  America is rapidly turning into a European-style socialist welfare state and it is destroying our nation socially and financially.  Ever since the "war on poverty" began our debt has absolutely exploded and yet now there are more poor people in this country than ever before.  Obviously something is not working.
Now don't get me wrong.  I deeply believe in having compassion for those that are going through tough times and having a safety net for those that cannot take care of themselves.  We should not have a single person in this nation going without food or sleeping in the streets.
But in America today it is absolutely ridiculous how many people are climbing aboard the "safety net".  At this point, an astounding 49 percent of all Americans live in a home that receives some form of government benefits.
So who pays for all of this?
The people that drag themselves out of bed and go to work each day pay for it all.
For a few moments, let's examine how the lifestyle of a typical hard working American compares to the lifestyle of a government parasite.
In America today, the median yearly household income is somewhere around $50,000.  About half of all American households make more than that and about half of all American households make less than that.  When you break it down, it comes to about $4000 a month.
So how far does $4000 go in America today?
Unfortunately, it doesn't go very far at all.
First of all, a hard working American family will need some place to live.  Unfortunately, the vast majority of the decent jobs are near the big cities, and it is more expensive to live near the big cities.  Let's assume that an average family of four will spend about $1000 a month on rent or on a mortgage payment.
The government parasite, on the other hand, has a whole host of federal, state and local housing programs to take advantage of.  During the recent economic downturn, more Americans than ever have been turning to the government for help with housing costs.  For example, federal housing assistance outlays increased by a whopping 42 percent between 2006 and 2010.
Once you have a place to live, you have to provide power and heat for it.  For the average hard working American, this is going to probably average about $300 a month, although this can vary greatly depending on where you live.
For the government parasite, there are once again a whole host of government programs to help with this.  For example, LIHEAP (Low Income Home Energy Assistance Program) assists low income households in paying their home heating bills.
Most average hard working Americans are also going to need phone and Internet service.  Let's assume that the hard working family of four in our example is extremely thrifty and only spends $100 a month for these services.
For the government parasite, cell phone service is not a problem.  As I have written about previously, those that "qualify" can receive a free cell phone and free cell phone minutes every single month from the federal government.  In addition, in some areas of the nation low income families can qualify for deeply subsidized home Internet service.
In order to earn money, our hard working family is going to need to get to work.  In most households, both parents have decided to work these days so both of them will need cars.  Let's assume that the family is very thrifty and that both cars were purchased used and that the car payments only total about $400 a month.
The hard working family will also need auto insurance for the two vehicles.  Let's assume that both parents have a great driving record and that they only pay a total of about $100 a month for car insurance.
The cars will also need to be filled up with gasoline.  The average U. S. household spent $4155 on gasoline during 2011, but let's assume that our family is very, very careful and that they only spend about $300 on gas each month.
So what about the government parasite?  Well, the government parasite does not need to go to work, so this expense can potentially be eliminated entirely.  But since most other things are paid for by the government or are deeply subsidized, in many instances government parasites are actually able to afford very nice vehicles.
In addition, a new bill (The Low-Income Gasoline Assistance Program Act) has been introduced in Congress that would give "qualifying" households money to help pay for gasoline....
Low-Income Gasoline Assistance Program Act - Directs the Secretary of Health and Human Services to make grants to states to establish emergency assistance programs to pay eligible households for the purchase of gasoline.
A hard working American family is also going to need health insurance.  Well, we all know how expensive health insurance has become.  In fact, health insurance costs have risen by 23 percent since Barack Obama became president.  But let's assume that our hard working family has somehow been able to find an amazing deal where they only pay $500 a month for health insurance for a family of four.
For the government parasite, health insurance is not needed.  If there is an emergency, the government parasite can just go get free medical care at any emergency room.
And of course there is always Medicaid.  Back in 1965, only one out of every 50 Americans was on Medicaid.  Today, one out of every 6 Americans is on Medicaid, and things are about to get a whole lot worse.  It is being projected that Obamacare will add 16 million more Americans to the Medicaid rolls.
So what about food?
Everyone has to eat, right?
Well, the hard working family in our example is faced with an environment where food prices are constantly rising but paychecks are not keeping up.  Let's assume that the hard working family in our example clips coupons and cuts corners any way that it can and only spends about $50 for each member of the family on food and supplies each week.  That comes to a total of $800 a month for the entire family.
So what about the government parasite?
Government parasites need to eat too.
Well, that is where food stamps come in.  Right now, there are more than 46 million Americans on food stamps.  Since Barack Obama became president, the number of Americans on food stamps has increased by 14 million.  Food stamps have become so popular that rappers are even making rap videos about using food stamp cards.
Okay, so after all of this where do we stand?
Well, the average hard working family so far has spent $3500 out of the $4000 that they have to spend for the month.
We still need to find money for clothing, for paying off credit card debt, for paying off student loan debt, for dining out, for entertainment, for medications, for pets, for hobbies, for life insurance, for vacations, for car repairs and maintenance, for child care, for gifts and for retirement savings.
But wait.
There is actually no money left at all because we have forgotten one of the biggest expenses of all.
Taxes.
When you total up all federal, state and property taxes, our average hard working family is going to pay at least $1000 a month in taxes.
So that puts our average hard working family in the hole every single month.
Meanwhile, the government parasite does not pay any taxes because he or she does not earn enough money to be taxed.
Are you starting to get the picture?
In many ways, life can be so much easier when you are constantly taking from the government instead of constantly giving to the government.
New Jersey Governor Chris Christie recently put it this way....
"We'll have a bunch of people sitting on a couch waiting for their next government check"
Once again, I am not dumping on those that have been through all kinds of nightmares because of this economy.  As I have written about so frequently, the U.S. economy is simply not producing enough jobs for everyone anymore, and this is creating major problems.
Just about everyone needs a helping hand at some point, and we should always be compassionate to those that are in need.
However, there is also a growing number of Americans that are content to simply give up and live off of the government, and that is fundamentally wrong.
It is not the job of the U.S. government to take care of you from the cradle to the grave.  What the U.S. government is supposed to do is to make sure that we have a well functioning economy that operates in an environment where hard working individuals and small businesses can thrive, and sadly the U.S. government has failed miserably in that regard.
We desperately need the U.S. economy to be fixed, but I wouldn't hold my breath waiting for that to happen.
As economic conditions get even worse in this country, millions more Americans are going to turn to the government for assistance and at some point the safety net is going to break.
What is our country going to look like when that happens?

The Big Failure: Obama By The Numbers. Loser of the Decade when it comes to facts !!

The Big Failure: Obama By The Numbers. Loser of the Decade when it comes to facts !!

by John Gaultier ...and these are just the facts....

THESE ARE HIS NUMBERS AND THE LEFTY MEDIA AND THE BIG LOSER BLAMES EVERYONE BUT HIS ACTIONS. OH NO THE MAGIC NEGRO IS ALWAYS TOO CLEAN. ITS ALL SOMEONE ELSES FAULT !!

$45.4 Trillion:  
Total Federal Spending Proposed By Obama’s FY2013 Budget Through 2022. (CBO, 3/16/12)
$25.9 Trillion:  
Projected Federal Debt In 2022 Due To Obama’s Binge Spending. (OMB, 2/13/12)
$15.7 Trillion:  
Current National Debt ($15,724,907,364,995.04). (U.S. Treasury Department, Accessed 6/2/12)
$10.3 Trillion:  
Amount Obama’s FY2012 Budget Would Add To The Debt Through FY2022. (OMB, 2/13/12)
$6.4 Trillion:  
Cumulative Deficits Over FY2013-2022. (CBO, 3/16/12)
$5.10 Trillion:  
Added To The National Debt Since Obama Took Office. (U.S. Treasury Department, Accessed 6/2/12)
$4.8 Trillion:  
Total Interest Payments On The National Debt Due To Obama’s Proposed Budget, FY2013-2022. (CBO, 3/16/12)
$2.6 Trillion:  
True Cost Of ObamaCare Once Fully Implemented. (Office Of The Speaker Of The U.S. House Of Representatives, Report, 1/6/11)
$1.9 Trillion:  
Higher Taxes In Obama’s Budget. (OMB, 2/13/12)
$1.75 Trillion:  
Annual Cost Of Federal Regulations. (Small Business Administration, September 2010)
$1.416 Trillion:  
Federal Budget Deficit For FY2009 – Highest In U.S. History. (CBO, 10/7/10)
$1.298 Trillion:  
Federal Budget Deficit For FY2011 – Second Highest In U.S. History. (CBO, 10/7/11)
$1.294 Trillion:  
Federal Budget Deficit For FY2010 – Third Highest In U.S. History. (CBO, 10/7/10)
$1.253 Trillion:  
Projected Federal Budget Deficit For FY2012. (CBO, 3/16/12)
$1.18 Trillion:  
Total Cost Of Obama’s First Stimulus With Interest.  (CBO, 1/31/12, CBO, 1/27/09)
$1.17 Trillion:  
American Debt Held By China. (U.S. Treasury Department, Accessed 6/4/12)
$831 Billion:  
Price Tag Of Obama’s First Failed Stimulus. (CBO, 1/31/12)
$575 Billion:  
Amount Of Medicare Cuts In ObamaCare. (CMS Chief Actuary Richard S. Foster, Memo, 4/22/10)
$491.7 Billion:  
Amount Of Taxes In ObamaCare. (Letter to Speaker Nancy Pelosi, 3/18/10; Joint Committee On Taxation, 3/2/10)
$447 Billion:  
Price Tag Of Obama’s Second Stimulus. (The White House, 9/8/11)
$347.1 Billion:  
Debt Service Costs For Borrowing To Pay For Obama’s First Stimulus. (CBO, 1/27/09)
$231 Billion:  
Burden Of New Regulations Imposed In 2011. (American Action Network, 1/2/12)
$175 Billion:  
Increased Spending In Obama’s Second Stimulus. (CBO, 10/5/11)
$150 Billion:  
Taxpayer Funds For Fannie Mae And Freddie Mac. (Reuters, 3/25/12)
$116 Billion:  
Amount Of Regulatory Burden For 2012, At The Current Pace. (American Action Forum, 5/29/12)
109.6 Million:  
Amount Of Paperwork Burden Hours Imposed By Federal Government Regulations Since January 1, 2012.  (American Action Forum, 5/29/12)
$24 Billion:  
Stimulus Funds Sent To Tax Cheats. (Government Accountability Office, April 2011)
$21.7 Billion:  
Amount Government Expects To Lose On Bailouts Of Auto Industry. (Treasury Department, 5/10/12)
$1.3 Billion:  
Amount Taxpayers Will Not Recover From Bailout Of Chrysler. (FactCheck.org, 6/6/11)
$535 Million:  
Stimulus Loan To The Failed Solar Company Solyndra. (The Oakland Tribune, 11/4/10)
133 Million:  
Annual Paperwork Burden Hours Imposed By Regulators In 2011. (American Action Network, 1/2/12)
49.1 Million:  
Number Of Americans Living In Poverty (Supplemental Poverty Measure). (US Census Bureau, 11/7/11)
46.4 Million:  
Record Number Of Americans Receiving Food Stamps. (Department Of Agriculture, Accessed 6/4/12)
46.2 Million:  
Record Number Of Americans Living In Poverty (Official Measure). (U.S. Census Bureau, 9/13/11)
$18 Million:  
Cost Of The Stimulus Website Recovery.org. (ABC News’ “The Note,” 7/8/09)
12.7  Million:  
Unemployed Americans. (Bureau of Labor Statistics, Accessed 6/4/12)
8.1 Million:  
Americans Working Part-Time For Economic Reasons. (Bureau of Labor Statistics, Accessed 6/4/12)
6.3 Million:  
Number Of Americans That Fell Into Poverty Since Obama Took Office.  (U.S. Census Bureau, 9/13/11)
5.6 Million:  
As Of March 2012, Number Of Mortgages Either 30 Days Delinquent Or In Foreclosure. (Lender Processing Services, 5/22/12)
5.4 Million:  
Americans Unemployed 27 Weeks Or Longer. (Bureau of Labor Statistics, Accessed 6/4/12)
4 Million:  
Workers Granted Waivers So That ObamaCare Would Not Outlaw Their Health Care Plan. (HHS.gov, Accessed 4/10/12)
2.3 Million:  
Foreclosure Starts During 2011. (Lender Processing Services, 1/20/12)
1.59 Million:  
Personal Bankruptcies In 2010. (United States Courts, 2/15/11)
$1.5 Million:  
Stimulus Funds Sent To Indonesia To Discourage Air Pollution In Jakarta. (The Daily Caller, 7/7/11)
1.35 Million:  
Personal Bankruptcies In 2011. (Los Angeles Times, 1/5/12)
1,042,000:  
Construction Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 6/4/12)
830,000:  
Americans That Have Given Up Looking For Work. (Bureau of Labor Statistics, Accessed 6/4/12)
599,000:  
Manufacturing Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 6/4/12)
552,000:  
Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 6/4/12)
$278,000:  
Cost Per A Stimulus Job. (The Weekly Standard, 7/6/11)
97,000:  
New Foreclosures Filed In May. (Politifact, 5/28/12)
89,000:  
The Number Of Stimulus Checks Sent To Dead Or Incarcerated People. (The Wall Street Journal, 10/7/10)
81,405:  
Record Number Of Pages Added To The Federal Register In 2010. (Competitive Enterprise Institute, 2011)
76,300:  
Number Of Heavy And Civil Engineering Construction Jobs Lost Since The Stimulus Was Passed. (Bureau of Labor Statistics, Accessed 6/4/12)
$50,932:  
Your Share Of The National Debt. (U.S. Treasury Department Accessed 6/4/12; U.S. Census Bureau, Accessed 6/4/12)
45,696:  
Pages Of New Rules Added To The Federal Register During Obama’s First Two Years In Office. (Competitive Enterprise Institute, 2011)
23,000:  
The Number Of Jobs Obama Knew His Drilling Moratorium Would Kill. (The Wall Street Journal, 8/21/10)
$16,512:  
Increase In Your Share Of The National Debt Since Obama Took Office. (U.S. Treasury Department Accessed 6/4/12; U.S. Census Bureau, Accessed 6/4/12)
$15,500:  
Annual Cost Per Household From Federal Regulations. (Small Business Administration, September 2010)
        $11,300:  
Negative Effect Of Debt On Gross National Product Per Person In 2035. (CBO, 6/22/11)
$10,585:  
Cost Per Employee That Federal Regulations Place On Small Businesses. (Small Business Administration, September 2010)
3,700:  
Number Of Tax Delinquents Who Received Stimulus Funds. (Government Accountability Office, April 2011)
2060:  
Year Federal Spending Will Reach 50 Percent Of GDP. (CBO, 6/22/11)
2037:  
Year That Federal Debt Will Reach 200 Percent Of GDP. (CBO, 6/22/11)
2036:  
Year That The Social Security Trust Fund Will Be Exhausted. (The Trustees Of Social Security & Medicare, 5/10/11)
2022:  
Year That The CBO Predicts Medicare’s Trust Fund Will Be Exhausted. (CBO, 4/10/12)
1,722:  
Number Of Waivers Granted To Unions And Businesses So That ObamaCare Would Not Outlaw Their Health Care Plans. (HHS.gov, Accessed 6/4/12)
1,603:  
Number Of Regulations That Would Impact Small Businesses Proposed By Obama Administration In First Two Years In Office. (Competitive Enterprise Institute, 2011)
1,137:  
Days Since Harry Reid’s Senate Has Passed A Budget Resolution. (S. Con. Res. 13, Roll Call 173; 4/29/09)
408:  
Number Of Regulations Proposed By Obama During First Two Years That Have An Economic Impact Of Over $100 Million. (Competitive Enterprise Institute, 2011)
360:  
Individuals In The Obama Administration Have Been Through The Revolving Door. (Center For Responsive Politics, Opensecrets.org, Accessed 6/4/12)
106.2%:  
Federal Debt As A Share Of GDP At The End Of 2013. (CBO, 2/13/12)
92:  
Number Of Bank Failures In 2011. (FDIC, Accessed 6/4/12)
83%:  
Percent Of Americans Who Describe The Economy Negatively. (ABC News/Washington Post Poll, 1,004A, MoE 3.5%, 5/17-20/12)
80%:  
Small Businesses That Could Be Forced To Change Health Care Plans As A Result Of ObamaCare. (NFIB, 7/11)
80%:  
Percent Of Americans Who Say Obama Has Either Made The Deficit “Worse” Or “Not Made much Difference.” (NBC News/Wall Street Journal, 1000A, MoE 3.1%, 5/16-20/12)
79%:  
Stimulus Funds For Wind, Solar And Geothermal Energy Projects That Went To Foreign Firms. (Investigating Reporting Workshop/ABC’s World News Tonight/Watchdog Institute, 2/8/10)
72.5%:  
Federal Debt Held By The Public As Share Of GDP By End Of The Year. (CBO, 1/31/12)
66%:  
Percent Of Americans Say That Barack Obama Has Either Made The Economy “Worse” Or “Not Made Much Difference.” (NBC News/Wall Street Journal, 1000A, MoE 3.1%, 5/16-20/12)
52%:  
Percent Of Americans Who Disapprove Of Obama’s Handling Of The Economy. (NBC News/Wall Street Journal, 1000A, MoE 3.1%, 5/16-20/12)
49.1%:  
“Percent Of The Population That Lives In A Household Where At Least One Member Received Some Type Of Government Benefit In The First Quarter Of 2011.” (The Wall Street Journal, 5/26/12)
40:  
Record Number Of Straight Months With Unemployment Rate Above 8 Percent. (Bureau of Labor Statistics, Accessed 6/4/12)
39.7:  
Number Of Weeks That It Takes To Find A Job. (Bureau of Labor Statistics, Accessed 6/4/12)
31.0%:  
Unemployed Workers Out Of Work For Over A Year. (Bureau of Labor Statistics, Accessed 6/4/12)
18%:  
Amount GNP Would Be Lowered Due To Debt’s Effect On Economic Growth By 2035. (CBO, 6/22/11)
17%:  
Cut To Medicare Benefits When Trust Fund Is Exhausted. (House Ways & Means Committee Hearing, 6/22/11)
15.1%:  
Americans Living In Poverty. (U.S. Census Bureau, 9/13/11)
8.2%:  
Unemployment Rate. (Bureau of Labor Statistics, Accessed 6/4/12)
4.11%:  
Percent Of Mortgage Loans In Foreclosure During December 2011. (Lender Processing Services, 1/27/12)
4:  
Record +$1 Trillion Deficits On Obama’s Watch. (OMB, 2/13/12)
3.8%:  
Decline In Home Prices In The Past Year. (CNN Money, 3/27/12)
2.5%:  
Decline In Median Home Sale Price In The Last Year. (National Association Of Realtors, 1/20/12)
2.3%:  
Decline In Median Household Income In 2010. (U.S. Census Bureau, 9/13/11)
0:  
Other People Obama Will Have Left To Blame For The Failures Of His Economic Policies In 2012. (The American People, 11/6/12)

Read more: http://www.gop.com/index.php/briefing/comments/the_big_fail_obama_by_the_numbers1#ixzz1xkKEcz4A

OBAMA ADMINSITRATION IMMIGRATION INSANITY:

PATRIOTS. YOU MUST UNDERSTAND THE AUDACITY OF THE OBAMA ACTION WITH REGARDS TO ARIZONA LAW SB1070..THEN SHARE THE INFORMATION!

by John Gaultier on Tuesday, June 26, 2012 at 5:37pm ·

PATRIOTS PLEASE READ…UNDERSTAND AND THEN SHARE
HERE IS THE FREAKING OBAMA ADMINSITRATION IMMIGRATION  INSANITY:
  • *There is a Federal Immigration Law
  • * The Obama Feds refuse to uphold the law that is Constitutional because they want illegal voters and the Hispanics to side with them.
  • * Arizona is under siege from illegal immigration and asks the Fed and Obama for help. Obama says NO ( Coz he wants the illegal votes!
  • * So Arizona takes the Federal law on the books and copies it and makes it Arizona Law.
  • * The Good people of Arizona vote on it and get it passed... its the same law on the Federal Level.
  • * Obama and Eric Holder sue Arizona to enforce that Arizona cannot enforce the Arizona Law which is exactly the same as the Federal law that both Obama and Holder have sworn in their oath of office to uphold.
  • ( WITH ME SO FAR ???? )
  • * The case goes all the way up to the Supreme Court and the part that is identical to the Federal Law is upheld by the Supreme Court.
  • * So Arizona is now able to apply the law that Arizona has on their books.. which is a copy of the Federal Law  on the books that Obama and Holder are supposed to enforce..
  • * Obama and Holder say NO they will not enforce and also set up a HOT LINE AND A WEBSITE for illegal and others to go to to complain if they are stopped under the Arizona Law which is the copy of the Federal Law that these two swore to uphold.
  • (WHY THE HOTLINE ???)
  • * The Justice Department is threatening to file lawsuits against Individual Law Enforcement Persons if the follow the Arizona Law which is a copy of the Federal Law that is what Holder and Obama are supposed to enforce.
  • GET THAT ??
A LAWSUIT IF YOU FOLLOW THE LAW.... THATS IS THE OBAMA CHICAGO THUGS WAY....

If this does not piss you off and prepare to do battle against these evil forces... you have no interest in this country.

WE CAN BITCH AND WHINE AND COMPLAIN...BUT IF WE DO NOTHING ..... WE ARE SCREWED... CASE CLOSED....

THIS GOVERNMENT IS ACTING LIKE THE VASSALS OF THE KING.

  • >>>>>>>>>> HERE IS THE INFORMATIONNOW YOU KNOW !!WHAT ARE YOU GOING TO DO ABOUT IT ???
  •  
The Department of Justice just can't help itself. Yesterday after the most important provision, or what Arizona Governor Jan Brewer called the "heart" of SB 1070 was unanimously upheld, which allows local law enforcement to inquire about legal status, the feds set up a hotline in the state for people to report "potential" civil rights violations.

1-855-353-1010   and online  SB1070@usdoj.gov

And yes, the hotline was set up by the same Civil Rights Division within the Justice Department that refused to prosecute New Black Panther Party members for intimidating voters outside of a Philadelphia polling place in 2008. Also, according to the Washington Times, the Obama administration has ended the partnership between Immigration and Customs Enforcement and the agency has been instructed not to return calls from local law enforcement regarding illegal immigration.

The Obama administration said Monday it is suspending existing agreements with Arizona police over enforcement of federal immigration laws, and said it has issued a directive telling federal authorities to decline many of the calls reporting illegal immigrants that the Homeland Security Department may get from Arizona police.

OBAMA BLAMES A BUSH !! IT HIS MO! WHOSE BUSH ASSHOLE ??

ITS ALWAYS BUSH'S FAULT...

question is HUSSEIN......

WHOSE BUSH ???




WHY JUSTICE ROBERTS CONTORTED AND HELPED TO PASS OBAMACARE..... NSA HAD HIS FILES AND EMAILS ON HIS SECRET HOMOSEXUAL CONVERSTAIONS. BINGO !!

Trump Rips Roberts Over Obamacare Decision

Trump Rips Roberts Over Obamacare Decision

Monday, 02 Jul 2012 01:02 PM
By Newsmax Wires


Real estate titan Donald Trump isn’t pulling any punches in his criticism of Supreme Court Chief Justice John Roberts for casting the deciding vote to uphold the healthcare reform law.

“It’s a disaster, and obviously it would have been better if it was knocked out, but Justice Roberts wanted to be loved by the Washington establishment,” Trump told “Fox & Friends” Monday. “And by the way, he is now loved, because the way they’re talking about him, it’s unbelievable. So he is a beloved man to the liberals and to the Washington establishment.”

Roberts justified the law’s requirement that individuals buy healthcare insurance or face a penalty by classifying the mandate as a tax. He also wrote that “we do not consider whether the Act embodies sound policies . . . It is not our job to protect the people from the consequences of their political choices.”


Roberts was “extremely disloyal” in his decision, Trump said. “I only wonder what President [George W.] Bush must be thinking, as he was the one to put him in that position. “[Roberts] voted for it . . . politically. And he did it because he wanted to be loved by the establishment.”

Still, Trump said the Obamacare decision will provide a big boost for Republican presidential candidate Mitt Romney. Trump has worked hard on Romney’s behalf.

At a recent fundraising event held after the Obamacare ruling, Republicans were particularly excited about helping Romney, Trump said. “The energy in that room was five times greater than it would have been a month before,” he said. “It energized the Republican Party. It energized people that don’t want ‘Obamacare,’ of which there are many.”



Read more on Newsmax.com: Trump Rips Roberts Over Obamacare Decision

Obama is going to try and get votes by Going to War....

US Sends Ships, Fighter Jets to Brace for Iran Threat

Tuesday, 03 Jul 2012 11:04 AM
By Jim Meyers
More ways to share...
The United States has quietly moved significant new military forces into the Persian Gulf to discourage an Iranian response to new sanctions imposed on the Islamic Republic.

The American moves are designed to deter Iran from any attempt to shut the Strait of Hormuz and to increase the United States’ ability to strike into Iran if necessary, The New York Times reports in a front-page story on Tuesday.

The increased American forces include minesweepers and stealth jets. And a Pentagon official warned that if Iran’s navy harasses American vessels, “We’ll put them on the bottom of the gulf.”

A European Union oil embargo meant to pressure Iran over its nuclear program came into effect on Sunday, and on Monday Iran announced it would consider legislation to disrupt marine traffic in the Strait of Hormuz.

The legislation calls for the Iranian military to block any oil tanker on its way to countries that no longer buy Iranian crude because of the embargo.

During Iran’s war with Iraq in the 1980s, Iran attacked tankers and other commercial traffic to disrupt Iraq’s oil shipments and threaten shipments from Arab states supporting Iraq. Iran also laid mines intended to disrupt traffic, and the United States launched mine-clearing operations and attacks on the Iranian Navy by American warships.

On Tuesday, Iran test-fired several ballistic missiles capable of striking American bases in the region as well as Israel. Iran claimed the surface-to-surface missiles hit their targets after travelling 800 miles, The Associated Press reported.

America’s Fifth Fleet is based in Bahrain, 120 miles from Iran, and Israel is about 600 miles away.

The U.S. Navy has now doubled the number of minesweepers assigned to the region, to eight.

“The message to Iran is, ‘Don’t even think about closing the strait,” the Pentagon official told The Times. “We’ll clear the mines. Don’t even think about sending your fast boats out to harass our vessels or commercial shipping. We’ll put them on the bottom of the gulf.”

The Pentagon has sent additional F-22 stealth warplanes and older F-15 aircraft to two bases in the Persian Gulf, and carrier strike groups are always on patrol in the region.

The Navy has also moved a converted amphibious transport and docking vessel, the Ponce, into the Persian Gulf. It would serve as a “logistics and operations hub for mine-clearing,” according to the Times, and has a medical suite, helicopter deck, and bunks for combat troops.

And while U.S. troops have been withdrawn from Iraq, the Pentagon still maintains a force equal to a combat brigade in Kuwait.

The West suspects Iran is seeking to build nuclear weapons, and the Islamic Republic has resisted all attempts to force it to give up enrichment of uranium.

© 2012 Newsmax. All rights reserved.


Read more on Newsmax.com:

THE OBAMA MONEY COLLECTING CREW OF 1% BITCHES!!

THE OBAMA MONEY COLLECTING CREW OF 1% BITCHES!!
LISTEN TO THE HELMET HEAD BITCH... THE EDITOR OF VOGUE MAGAZINE ANNA WINTOUR PUFF ABOUT THE $ 40,000 a plate dinner for Obama at Jessica Parker house.

....and Obama is for the common NEGRO.... and Illegal Alien RIGHT!!!!!!!!!!!!!!!! He is laughing all the way to the New York Event while those poor Ghetto slobs are sitting around some cardboard box sharingsome weed !!

Fucking Hypocritical Bitches ...and FUCK OBAMA !! WE MUST BEAT HIS AFRO TURF ASS IN NOVEMBER !!
Watch the youtube video and be sick

http://youtu.be/NAlnKHctMYs
 
 
 

HANG THE BASTARD


OBAMA TRIAL....THE MUSICAL... HANG THE BASTARD.... THIS WILL BE ONE OF THE ANTHEMS COME NOVEMBER 2012!

Hang the bastard!!
 
http://youtu.be/H7Q9ZEdOLSE
 
 

THIS IS THE LAST ELECTION WHERE WE CAN MAY TURN THINGS AROUND

PLEASE READ AND EXPLAIN TO THE FENCE SITTERS !! THIS IS THE REALITY OF WHY THIS IS THE LAST ELECTION WHERE WE CAN MAY TURN THINGS AROUND. AFTER 2012... the numbers work against us BIG time....

“When the people find that they can vote themselves money, that will herald the end of the republic.” Benjamin Franklin

I don’t know about you, but the recent “bump” in Obama’s approval numbers are starting to depress me.

Can’t people see that he’s killing the economy, stifling business expansion with taxes and regulations, and fueling the kind of class warfare that tears nations apart?

The thing is, if you study the numbers, it’s not surprising at all. Our nation is now home to countless millions of freeloaders who love a president who tells everyone who actually pays taxes that they aren’t “paying their fair share.” And never runs of out of new ideas for government freebies!


Obama’s Peeps ( PEEPS = FREE LOADERS !! AND UNION THUGS AND PUBLIC SECTOR UNION HACKS!! ) - By The Numbers
To fully understand the depth of the 2012 American economic abyss, you have to contrast the voting public from the freeloading public (Obama's Peeps).

In 2010, there were 137,263,000 registered voters in the United States, although only 95,987,000 actually showed up to vote.

This means Obama needs a measly 48 million voters to get to 50% and to get re-elected. Sounds like a lot of people, but if you actually look at the size of America’s swollen 2012 Welfare State, you’ll see who Obama’s Peeps really are.

The Mail in London just reported that 151 million people - paid no US federal income tax in 2009. Consider that staggering fact. We now have 14 million more freeloaders than registered voters and 56 million more than actual voters! This also means that Obama only needs to get one third of the people who pay no taxes to the polls and he gets reelected.

If that’s not enough, there are now 50 million Americans on Medicaid who pay nothing for their heathcare. Suppose they vote?

What more? How about people who work for the government – don’t you think they love having a big government president determining their salary and benefits? Although only 22 million Americans work for the government (only?), think about the impact of having their spouses, parents, and kids heading to the polls.

Newt has called Obama “The Food Stamp President” and for good reason. Today 42 million Americans receive that famous government handout knows as Food Stamps. Perhaps more staggering than the absolute number is the skyrocketing growth in recipients – up a whopping 58% since Bush left office.

The Nation of Freeloaders
Although the following chart was compiled before Obama took office, the numbers, even back then, were quite staggering.

As you can see, more than 60% of Americans took more from the government than they paid in taxes and the only people pay well more than their “fair share” were those in the top 20% of all earners.

LOOK AT THE GRAPH!!
The number of Americans who work for the private sector, pay taxes, and don’t live off the system is frighteningly small. If you happen to be one of those folks, thank you. And make sure that whatever you do, you don’t vote for Obama. His peeps (people) have us grossly outnumbered.

As depressing as this all sounds, consider this. Obama only needs 48 million voters to get 50.1% and he's paying off over 100 million with our money, yet he's still barely getting a 50% approval. This means that there are tens of millions of Americans that are living off the government and still don't approve of the job he's doing!

I think that reveals what a miserable failure the Obama presidency has been...


SHARE THIS PEOPLE...THIS IS YOUR DISSAPPEARING AMERICA IN A GRAPH!!

A LEADERS EARS MUST BE FILLED THE SOUNDS OF THE PEOPLE SO HE REALIZES THAT HE IS HATED

HUSSEIN YOU SEEM NOT TO HAVE HEARD US.... WELL HEAR IT AGAIN AND AGAIN....
"A LEADERS EARS MUST BE FILLED THE SOUNDS OF THE PEOPLE SO HE REALIZES THAT HE IS HATED"

Share this awesome video that has been viewed over 6 Million times !!
http://www.youtube.com/watch_popup?v=JVAhr4hZDJE&vq=medium#t=19

GUN WALKING WAS ABOUT KILLING THE 2nd AMMENDMENT!

GREAT READ:
Wait, so we had guns going to Mexico? Fast and Furious explained EXTREMELY WELL!!
***
We keep seeing reports of this “Fast and Furious” story. What are we to make of it?
Guns were being sent into Mexico.

The republicans want answers. The democrats view this as a witch hunt and the republicans merely playing politics.

Wait a minute. WHY were guns going into Mexico?

Obama has used the executive privilege to withold documents, congress has voted to hold Eric Holder in contempt. Yet others say that this really started during the Bush administration and that this is a costly waste of time.

So let me get this straight. WERE guns going into Mexico?

We do know that guns were going into Mexico. The why is much more complicated. There are different theories. We could know for sure, but the attorney general and the president are stonewalling on information.

Why does it matter? Well we had American weapons being funneled to violent people in a foreign country, for starters. Well who in the world would allow that to happen? THAT’S WHAT CONGRESS IS TRYING TO FIGURE OUT! Who authorized this program? Why did they authorize it? How high did this go in the government? Who knew what and when did they know it?

At least one American federal agents was murdered on the boarder with those weapons. His family deserves answers. Holder claimed to have had known nothing. But it is known for a fact that his Chief of Staff had intimate knowledge of what was going on.
In March 23, 2011, in an interview with Univision, Obama said that neither he nor Holder had authorized Fast and Furious and that the Mexican government would have also been unaware. Obama goes as far as saying that he hadn’t even been aware of the program stating, “This is a pretty big government.” (which, ironically, might have been his only true statement in the interview.)

In another interview, Obama claimed that Holder knew nothing and that the ATF was the entity who orchestrated Fast and Furious.

May 3, 2011: While testifying to congress, Holder stated: “I’m not sure of the exact date, but I probably heard about Fast and Furious for the first time over the last few weeks.”

October 3, 2011: It came to light that Holder had actually had knowledge of this at least as early as July 5, 2010 in official briefings which were addressed specifically to Holder. This was reported by Katie Pavlich (who has a great book entitled “Fast and Furious.”)

So basically, Holder lied. And he probably knew about it before July because we now know that Deputy Attorney General Gary Grindler knew about it as early as March 2010.

According to the Mexican Attorney General, at least 200 Mexicans have died from these weapons. What did Holder know? We would be able to answer that question if they would be up front with information. They’re not and they haven’t been. And now Obama is using the executive privilege to attempt shielding Holder.

June 20, 2012: Congress votes Holder in contempt for failing to provide the documents which had been subpoenad.

Some in the media are doing everything they can to downplay what has happened. MSNBC’s Martin Bashir called it “a witch hunt.” As I’ve already said, others are trying to downplay this as nothing but political posturing from the right. Really?

Can’t you at least entertain the idea that there could actually be something to this? What are the republicans trying to distract the American people from? The amazing job Obama is doing as president? Newsflash: Obama is four and a half months away from being voted out.

One liberal commentator made the cavalier statement, almost in passing, that republicans in congress have been on this for over a year. If Holder could have been forthright from the beginning, and if no wrongdoing from his department had occurred, perhaps this could have been dealt with long ago. But he not only failed to cooperate, he failed to tell the truth. But why would he lie if he did nothing wrong? If there’s nothing to hide, why won’t they turn over documents?

Some of the other attempts to mitigate the significance of Fast and Furious have been truly absurd. People have argued that it’s because of the race of the president and attorney general. Others have argued that this really began during the Bush Administration.

Really?

Holder lied to cover up something that’s Bush’s fault? That makes absolutely no sense. Fast and Furious – as a matter of fact – did NOT begin during the Bush Administration. There was a program called Operation Wide Receiver where guns were being used for the purpose of capturing drug cartels in sting operations, and this was done in conjunction with the Mexican government.

Fast and Furious was entirely different. It began and ended during Obama’s term. Fast and Furious was also a unilateral American move and was not done with Mexico.

This current issue is obviously not Bush’s fault. If it were, why on earth would the Obama Administration be stonewalling? Also, there were actually isssues with Operation Wide Receiver. The Department of Justice indicted several people connected to that program. So to try to justify Fast and Furious in light of Bush doesn’t make sense because people actually did face legal issues.

With Fast and Furious, we know Holder has lied and it appears that Obama is covering him. This could turn out to be nothing (but if it were, why the lies?) Or it could be a much more significant scandal.

There’s a conspiracy theory that the Obama Administration intentionally wanted the guns to get into Mexico to cause a spike in border violence and that they could look at the increased violence as a scapegoat reason to enact federal gun restrictions.

Absurd?

Again. That could be debunked with a transparent administration. But they’re not transparent and speculation continues to bubble.

Maybe President Romney will be able to get to the bottom of this.

OBAMA SAYS NEITHER HE NOR HOLDER KNEW ANY THING ABOUT FAST AND FURIOUS ..... NOW HOLDER SAID HE LIED AND NOW SAYS HE KNEW !!.. SO OBAMA WAS lYING WHEN HE DID THIS INTERVIEW...look at his eyes blinking you can tell!!
http://youtu.be/Lh37v_NkmM4