How Privatized Social Security Works in Galveston

 GALVESTON — Gov. Rick Perry has repeatedly called Social Security a “Ponzi scheme” and said that people ought to control their own retirement money. But if the social safety net program created in 1935 were eliminated — something President Eisenhower once said would be a politically stupid move — what might take its place? Go to the link and get the facts before saying no way! http://www.nytimes.com/2011/09/18/us/how-privatized-social-security-works-in-galveston.html?_r=1

A GOP Jobs Plan

By STEPHEN MOORE

House Speaker John Boehner rolled out the congressional Republican counteroffer to President Obama's American Jobs Act on Thursday. It wasn't a plan for fundamentally changing economic policy in Washington—the GOP candidates for president will need to do that—but it does set out the right pre-conditions for jobs and growth. And it establishes a no-fly zone to deter more Obama regulations and taxes that inhibit hiring.

Mr. Boehner emphasized what he called the "triple threat" from government now facing employers: federal regulations, out of control spending and a business-unfriendly tax code.

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Associated Press

"Employers will hire if they have the right incentives," Mr. Boehner said, "but the incentives have to outweigh the costs. Businesses are not going to hire someone for a $4,000 tax credit if government mandates impose long-term costs on them that significantly exceed the temporary credit." That's a not-too-subtle shot at the White House, whose plan dangles tax breaks in front of employers in 2012, then snatches them away in January 2013.http://online.wsj.com/article/SB10001424053111903927204576574681944009962.html

Rep. Gohmert: Obama's Jobs Bill Has Devilish Details

President Barack Obama’s jobs bill is even worse when you look at the details than it is at first glance, according to four-term Republican Congressman Louie Gohmert.

“It is a disaster,” the Texas representative said in an exclusive Newsmax.TV interview. And the whole bill should have been renamed from “The American Jobs Act” to either “The Save Obama’s Job Act” or “The Plaintiffs’ Lawyers Full Employment Bill,” he added.

Gohmert pointed to little-noticed aspects of the bill that Obama presented to Congress on Monday. One, he said, turns the unemployed into a protected class similar to ethnic minorities.


Read more on Newsmax.com: Rep. Gohmert: Obama's Jobs Bill Has Devilish Details
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

ALWAYS REMEMBER 9/11

U.S. Postal Service: Actions Needed to Stave off Financial Insolvency

By the end of this fiscal year--in less than one month--the U.S. Postal Service (USPS) projects that it will incur a $9 billion loss; reach its $15 billion borrowing limit; not make its $5.5 billion retiree health benefits payment; and thus, become insolvent. USPS recently summarized this situation as the equivalent of facing Chapter 11 bankruptcy. In August 2011, USPS outlined new proposals to address the crisis. USPS seeks legislation to remove itself from the federal health benefit program and sponsor its own program; change pension benefits for new employees; and eliminate the layoff provisions it negotiated with its unions in collective bargaining to accelerate its delivery, processing, and retail network and workforce downsizing. Other USPS proposals, such as moving to 5-day delivery, and pending legislation include additional options for consideration. This statement discusses (1) updated information on USPS's financial crisis and (2) GAO's review and analysis of proposals to address this crisis, including USPS's new proposals, and options in current legislation. The testimony is based primarily on GAO's review of pending legislation, past and ongoing work related to postal issues, as well as USPS's recent financial results and GAO's discussions with senior postal officials regarding USPS's recent proposals. GAO has reported that action by Congress and USPS is urgently needed to restore USPS's financial viability. GAO provided a draft statement to USPS for comments and did not receive any suggested changes.

USPS has experienced a cumulative net loss of nearly $20 billion over the last 5 fiscal years, including an $8.5 billion loss in 2010, and a net loss of $5.7 billion in the first 9 months of fiscal year 2011. USPS does not now have--nor does it expect to have--sufficient revenue to cover its costs without legislative changes. To conserve cash, USPS discontinued making its employer's contribution for the defined-benefit portion of the Federal Employees Retirement System (FERS) in June 2011, which it estimated would reduce its costs by about $800 million this fiscal year. USPS has said that mail volume decline has outpaced even its most pessimistic forecasts. USPS urgently needs to restructure its networks and workforce as its financial condition and outlook have reached a crisis level. A variety of proposals have been made to address USPS's financial crisis. These proposals affect USPS cost savings, postal rates, customer convenience, pension benefits for new employees, employee health benefits, collective bargaining agreements, and delivery and retail services. GAO has identified key issues needing consideration in determining the merits of these proposals. Examples of specific proposals and key considerations include: (1) USPS proposal to sponsor its own health benefit plan: USPS expects to save costs by increasing employee contribution rates, fully utilizing Medicare benefits, and administering its plan more efficiently than OPM. However, it is not clear whether USPS can achieve planned cost savings and what the implications are for the federal budget, as USPS has requested about $42 billion in retiree health benefit assets be transferred from Treasury to a USPS Fund. (2) USPS proposal to seek reimbursement of its $6.9 billion FERS surplus: Reimbursing the entire surplus all at once is a risk as the current FERS surplus is an estimate that could change as economic or demographic assumptions change. The President's Fiscal Year 2012 Budget Request proposed amortizing the reimbursement over 30 years, which would be consistent with the approach taken for any deficits. (3) USPS proposal on workforce optimization: USPS expects to reduce costs by closing about 300 mail processing plants and 12,000 retail facilities; reducing service; and eliminating layoff protections in collective bargaining agreements so that it can reduce its total workforce by about 125,000 career employees by 2015. This proposal accelerates the pace of USPS actions in this area, but it is not clear how USPS will address public resistance to facility closures that could lengthen the timeframes for implementation; employee resistance to making legislative changes to layoff protections; and potential loss of customers if service declines or costs increase. Little time remains to prevent USPS---the largest federal civilian employer---from insolvency. The stark reality is that USPS's business model is broken. The decline in mail volumes is continuing. The gap between revenues and expenses is growing. USPS cannot continue providing services at current levels without dramatic changes in its cost structure. Difficult choices must be made. Now is the time to decide USPS's future.

Obama Now Underdog for Re-election

Independent pollster and political analyst Scott Rasmussen tells Newsmax that Wednesday night’s GOP debate was “rockier” than expected for leading candidate Rick Perry, and says his stance on the Social Security issue could be the “chink in the armor” of his campaign.
But Rasmussen asserts that the Texas governor now has all the “excitement and charisma” in the Republican race and could prove difficult to beat, while leading challenger Mitt Romney is an “awkward position.”
And Rasmussen believes that President Obama would be the underdog in a head-to-head race against any of the leading GOP candidates.
Rasmussen is founder and president of Rasmussen Reports and co-founder of the sports network ESPN. He has been an independent public opinion pollster for over a decade, and most major news organizations cite his reports.
He is also the co-author of “Mad As Hell: How the Tea Party Movement Is Fundamentally Remaking Our Two-Party System.”


Read more on Newsmax.com: Rasmussen: Obama Now Underdog for Re-election
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!

Obamateurism of the Day

Barack Obama had an excellent opportunity to put his Hope and Change promise into action this week, after having been introduced by union ally James Hoffa Jr on a Detroit stage with a call, “Let’s take these [Tea Party] sons of bitches out” and telling Obama that his army of union activists would do the job.  Obama may not have heard Hoffa’s speech when it happened, but he had all day yesterday to repudiate Hoffa’s comments about going to war against Tea Party activists.  That would have fulfilled his promise to change the tone in Washington and reduce the bitter partisanship — which is something that almost by definition has to start with one’s own allies.  It also would have matched his speech after the shooting of Rep. Gabrielle Giffords in Arizona that called for constructive rhetoric in political debate.  Hoffa might have been miffed if Obama took the opening for a “Sister Souljah” moment, but it wouldn’t have damaged Hoffa at all and could have boosted Obama with moderates.

Instead, not only did Obama fail to take the initiative to rebuke Hoffa for his own gain, the White House couldn’t pick up the golden opportunity handed to them by ABC’s Jake Tapper yesterday.  Jay Carney could have distanced his boss from Hoffa’s remarks by scolding Hoffa, but instead just prattled about how the press corps wants to make “connections” between supposedly unrelated people and incidents — even though Hoffa introduced Obama at the event with the remarks in question.  It’s a response akin to, “Who are you going to believe — us or your lying eyes?”

Obama could have had a real presidential moment.  Instead, Obama looks clueless as to what his own promises of Hope and Change actually were, and ended up tacitly endorsing Hoffa’s remarks.http://hotair.com/archives/2011/09/07/obamateurism-of-the-day-585/

Speech Stunt Backfires on Obama After Boehner Boxes Him In

House Speaker John Boehner (R-Ohio) has asked President Obama to address a joint-session of Congress on Thursday, Sept. 8, when it wouldn't conflict with the Republican presidential debate.

Citing logistical difficulties, Boehner requested that Obama hold his jobs address, which Obama wants to deliver next Wednesday, one day later.

The Speaker's letter made no mention of the more obvious conflict: between the president's speech, and a Republican presidential debate scheduled on Wednesday night at 8 p.m. EST. That debate is the first of the post-Labor Day political season, and the first one in which Texas Gov. Rick Perry (R) is set to participate.

The response by Boehner sets up an early showdown between Obama and the Congress just returning from its August recess....

Read more: http://thehill.com/blogs/blog-briefing-room/news/179067-boehner-asks-obama-to-move-speech-to-thursday#ixzz1WnE1x3VN

Obama's Uncle Charged With Drunken Driving, Held by Immigration Officials

FRAMINGHAM, Mass. –  President Obama's uncle -- arrested on suspicion of drunken driving and held without bail on an immigration detainer, reportedly has had a Social Security card for the last 19 years. 

The Boston Herald reported Tuesday that Oyango Obama, whose sister Zeituni Oyango was also held last year for being illegal in the United States, is being represented by the same lawyer who won Zeituni Oyango's asylum.

A spokesman for Cleveland immigration attorney Margaret Wong told the Herald that he "wouldn't know how" Onyango obtained a Social Security number. 

Bailey Comment: If I were a gambling person I would bet that President Obama's Uncle will get asylum just like his Aunt did! That shows you just how screwed and screwed up America has become! 
Read more: http://www.foxnews.com/us/2011/08/29/obamas-uncle-charged-with-drunken-driving/#ixzz1Wb1zt6pu

ExxonMobil Sues Gov't for Canceling Deepwater Well Worth ‘Billions of Barrels of Oil’

(CNSNews.com) – ExxonMobil, the world’s largest energy company, filed a lawsuit against the federal government for canceling an oil-drilling lease in the Gulf of Mexico that held “billions of barrels of oil,” according to the company.

In the suit, filed Aug. 12 in federal court in Louisiana against Interior Department Secretary Ken Salazar and related parties, Exxon alleges that the Interior Department made an “arbitrary, capricious” decision in canceling the deepwater leases, arguing that the government’s action “deprives ExxonMobil of property without due process of law.” ExxonMobil lawsuit filing..pdf

At issue is an ExxonMobil project in a part of the Gulf of Mexico known as the Julia Field, which the company estimates holds “billions of barrels of oil.” ExxonMobil was in the process of connecting the wells drilled in the Julia Field to existing oil platforms in a nearby part of the Gulf when the Bureau of Ocean Energy Management, Regulation, and Enforcement (BOEMRE) canceled the leases, accusing ExxonMobil in 2009 of not having a “commitment to production.”

ExxonMobil had asked for a Suspension of Production (SOP) allowance in 2008 in order to have enough time to tie the wells in the Julia Field to the nearby production facility, something it said the government normally allows.

However, ExxonMobil contends that in arguing it did not show a “commitment to production,” BOEMRE used criteria it had never applied before, and that did not exist anywhere in federal regulations.http://www.cnsnews.com/news/article/exxonmobil-sues-obama-administration-can

townhall.com

Illegal Immigrant Faces Charges

Charges have been filed against an unlicensed driver and suspected illegal immigrant who allegedly killed a 4-year-old boy in a hit-and-run accident, the San Francisco Chronicle reports.

The newspaper reports that prosecutors in Sonoma County charged 22-year-old Marcos Lopez Garcia with felony hit-and-run, two misdemeanors and vehicular manslaughter, among other charges, in the Thursday death of Christopher "Buddy" Rowe of Santa Rosa.

Garcia had two prior arrests for driving without a license, according to the newspaper.

Christopher was reportedly killed on his way to soccer practice while crossing the street with his mother and two sisters, including the boy's twin. 

"Little Buddy will be remembered as an energetic, curious, active young boy, who was also kind, compassionate and caring, especially with his twin sister," the family said in a written statement. "We will always remember his ever-present smile, beautiful steel-blue eyes and peace-loving nature.

"The man who stole Buddy's life from us will be one day free, but we will always carry the burden of losing him forever," the family said.

Garcia is being held in the Sonoma County Jail on a $500,000 bond.

Bailey Comment: These things will continue to happen again and again until the American people get sick enough of it and vote out of office all the politicians who care for nothing except getting the Mexican vote. Most of them don't want to take on illegal immigration because they don't want to offended Mexican voter, who over half of them are probably in this country illegally!

Read more: http://www.foxnews.com/us/2011/08/23/suspected-illegal-immigrant-faces-charges-in-alleged-hit-and-run-death-calif/#ixzz1Vw6BM4lf

Black America's Gains and Losses

You know that Barack Obama is in trouble when even the Congressional Black Caucus begins to criticize him.

Maxine Waters (D-CA) recently told a gathering that the CBC is “frustrated” with regard to unemployment, a problem that has hit blacks harder than whites. The only thing holding the CBC back from being more vocal, said Waters, was its fear they will lose the support of the black community.

It says something about Congress and politics in America that the only race-based caucus is the Black Caucus.

Like many Americans, I watched the Civil Rights movement of the 1960s unfold with the feeling that, a century passed the Civil War, it was long overdue.

The movement had a leader of remarkable talent, Dr. Martin Luther King. Jr., plus others from the ministry and labor movement. It was a time of turmoil that ended with the assassinations of Dr. King, President John F. Kennedy, and of Bobby Kennedy.

Others died too in the struggle but they have become relegated to being minor historic players. When the dust settled President Lyndon B. Johnson signed the Civil Rights Act of 1964 and Voting Rights Act of 1965. The changes in American life since then have been extraordinary. Afro-Americans were assured their voting rights, equal housing, and other opportunities that had been routinely denied.

Whites accommodated themselves to the changes, having already accepted the 1954 Supreme Court decision, Brown v. Board of Education of Topeka, that "separate but equal" schools, a widespread practice in the southern and border States, were unconstitutional.

While many blacks have achieved middle class status and risen to levels of real achievement, the vast bulk has not. These comments acknowledge individual success stories, but address the larger black community.

As a general observation, blacks in America have chosen to ignore the gains in legally protected civil rights equality.

By most indices the black community has not changed. In U.S. cities they remain ghettoized, as much from choice, as external circumstances. Instead of moving forward, integrating and assimilating into the larger white population; blacks have emotionally remained apart, nurturing a sense of being victims, holding onto an animus for whites.

Social failures are so rampant among blacks that it is appalling to contemplate how many are born into single-parent families, often raised a mother or grandparents because the men are absent. They drop out of school. Unskilled and often illiterate, employment opportunities are limited. Blacks and crime have become synonymous to the point where they fill the nation’s prisons far in excess of whites and Hispanics. Drug use ravages black communities.

To say whites are disappointed is an understatement. It is a source of resentment that is rarely expressed aloud to avoid being deemed a racist or engaging in hate speech.

So how does one explain the phenomenon of the first black President?

Observers attribute it to a large turnout of younger voters, born well after the 1960s, to union members, many of whom were government workers, to 98% of the Afro-American community, and, of course, Democrats in general. Many white voters who wanted to affirm their belief that equality was an American value pulled the lever for Obama.

Barack Obama has exacerbated white disappointment and it is likely that many blacks, too, are experiencing buyer’s lament.

Among whites, there’s a feeling that scores are being settled with incidents like Obama’s condemnation of a white Boston police officer, the appointment of Eric Holder as the first black Attorney General, and of others like Van Jones as Obama's “Green Jobs Czar.” Jones is a self-identified Communist and a radical environmentalist who resigned and is now safe in the bosom of progressive organizations.

The latest affront to a predominantly white population is an executive order, issued on August 18, titled “Establishing a Coordinated Government-wide Initiative to Promote Diversity and Inclusion in the Federal Workplace.” In other words, whites need not apply.

When whites became aware of Obama’s preacher, Rev. Jeremiah Wright, saying “God damn America”, they had to actively ignore the fact that Obama had spent many years in his church, that Wright had married him and Michelle, and baptized their children. Theirs was no casual relationship, nor were others from any earlier point in his life such as the Communist Party member, Frank Marshall Davis, who advised young Barack that his white grandmother had a right to be scared of blacks because “She understands that black people have a reason to hate.”

It will be a long time before the majority white and Hispanic populations forget or forgive the legacy of Barack Obama.

Obama has wreaked economic havoc on America since taking office and this time people—black, white, Asian and Hispanic—have taken notice.http://www.teapartynation.com/

J-1 visas

150,000 J-1 visas were given out in 2008. Businesses save about 8 percent by using a foreign worker because of Social Security and other taxes they do not have to pay.
Bailey Comment: And you wonder why you can't found a job?

Obamateurism of the Day

When one wangles an invite from the Wyffels for a weekday confab, it’s best to make sure you don’t muff the acknowledgment. In other words, don’t whiff it by calling the family “the Waffles”:http://hotair.com/archives/2011/08/19/obamateurism-of-the-day-573/

Obamateurism of the Day

Barack Obama wants people around the world to buy American, he told a Rural Economic Forum as part of his Midwestern bus tour this week:


We’ve got folks in America driving Kias and Hyundais. I want to see folks in Korea driving Fords and Chryslers and Chevys. (Applause.) I want to sell goods all over the world that are stamped with three words: “Made in America.”

How did Obama model that behavior? By buying Canadian:


President Obama is barnstorming the heartland to boost US jobs in a taxpayer-financed luxury bus the government had custom built — in Canada, The Post has learned.

The $1.1 million vehicle, one of two that Quebec-based Prevost sold the government, has been tricked out by the Secret Service with state-of-the-art security features and creature comforts.

It’s a VIP H3-45 model, the company’s top of the line, and is used by major traveling rock bands.

“That’s the more luxurious model,” Christine Garant of Prevost told The Post.

Maybe more people around the world would buy American products if the American President bought them himself.http://hotair.com/archives/2011/08/18/obamateurism-of-the-day-572/

Poll Shows Perry Jumping Into Double-Digit Lead

Texas Governor Rick Perry, the new face in the race for the 2012 Republican presidential nomination, has jumped to a double-digit lead over Mitt Romney and Michele Bachmann with the other announced candidates trailing even further behind.

The latest Rasmussen Reports national telephone survey of Likely Republican Primary voters, taken Monday night, finds Perry with 29% support. Romney, the former Massachusetts governor who ran unsuccessfully for the GOP presidential nomination in 2008, earns 18% of the vote, while Bachmann, the Minnesota congresswoman who won the high-profile Ames Straw Poll in Iowa on Saturday, picks up 13%.

Texas Congressman Ron Paul, who was a close second to Bachmann on Saturday, has the support of nine percent (9%) of Likely Primary Voters, followed by Georgia businessman Herman Cain at six percent (6%) and former House Speaker Newt Gingrich with five percent (5%). Rick Santorum, former U.S. senator from Pennsylvania, and ex-Utah Governor Jon Huntsman each get one percent (1%) support, while Michigan Congressman Thaddeus McCotter comes in statistically at zero.

Sixteen percent (16%) of primary voters remain undecided.

Read more: http://www.rasmussenreports.com/public_content/politics/elections/election_2012/election_2012_presidential_election/gop_primary_perry_29_romney_18_bachmann_13#ixzz1VJWELdAv

Obama Conversation With Tea Partier Gets Heated

DECORAH, Iowa – President Obama got into a heated back-and-forth Monday with a Tea Party activist who demanded to know at the end of a town hall meeting here whether Vice President Biden had called Tea Partiers “terrorists” during the debt ceiling debate on Capitol Hill.

In public, Obama did not directly answer the question from Iowa Tea Party activist Ryan Rhodes about Biden. But Obama fired back that he knows better than anyone what it’s like to be slammed for his political views and was not about to accept a lecture on the topic.

Read more: http://www.foxnews.com/politics/2011/08/15/obama-conversation-with-tea-partier-gets-heated/#ixzz1VBMEPSI6

GALLUP FIRST: Obama Approval Sinks Below 40%

President Obama's summer woes have dragged his approval rating to an all-time low, sinking below 40% for the first time in Gallup's daily tracking poll.

New data posted Sunday shows that 39% of Americans approve of Obama's job performance, while 54% disapprove. Both are the worst numbers of his presidency.

Obama's approval rating has hovered in the 40% range for much of 2011, peaking at 53% in the weeks following the death of Osama bin Laden.

But Americans' view of his job performance continued to tick downward as the debt-ceiling debate heated up. By the time he signed legislation averting a federal default, he was mired in the low-40% range.

Read more: http://www.latimes.com/news/nationworld/nation/wire/sns-latimes-obama-approval-rating-down,0,4207204.story#ixzz1V7cj9Vsx

Cost of Government Continues to Grow and Shows No Sign of Stopping

Every year, Americans for Tax Reform Foundation calculates how many days the average American must work to earn enough income to pay off the regulatory and spending burdens at the local, state and federal levels of government. The findings, released in the Cost of Government Day report, have become more disheartening with each passing year of the Obama Administration. In 2011, Americans must work until August 12 to pay off the full costs of government. While most taxpayers may consider their government debt paid when they file taxes each April, the true costs of government extract a far greater toll from the working public.

Federal spending plays a huge role in the Cost of Government Day (COGD), with Americans toiling 104 days this year just to pay for federal outlays. The creeping regulatory burden, however, presents a much more larger threat to American prosperity and portends a much later COGD . While the costs to sustain the regulatory regime continue to grow, just as perilous is the economic damage caused by an onerous and capricious regulatory state.

Read more: http://www.foxnews.com/opinion/2011/08/12/cost-government-continues-to-grow-and-shows-no-sign-stopping/#ixzz1V1MAgzV9

Group that Attacks Republicans Exposed!

Perhaps you’ve heard of the organization called the Citizens for Responsibility and Ethics in Washington (CREW). The mainstream media (and Rachel Maddow) darling is often described as a “nonpartisan watchdog.” Newspaper reporters and cable news commentators want you to think that this collective is keeping tabs on Washington and making sure that both sides of the aisle play fair. Don’t be fooled: CREW is as partisan as they come.

To find out the truth about CREW, go to CREWExposed.com. Here you’ll find a wealth of information about the hyper-partisan activities of this “nonpartisan” group. Among the nuggets:
 Overall, CREW targets Republicans or right-leaning organizations with Internal Revenue Service (IRS), Federal Election Commission (FEC), and congressional ethics complaints eight times more frequently than Democrats;

• 76 percent of CREW FEC complaints were aimed at Republicans/right-leaning groups,

• 100 percent of CREW IRS complaints were aimed at Republicans/right-leaning groups,

• 75 percent of CREW complaints/requests for action with the House Ethics Committee, and 83 percent of CREW complaints/requests for action with the Senate Ethics Committee, were targeted at Republicans;

• CREW has filed 51 lawsuits, 75 percent of which have been aimed at Republicans or the Bush Administration. Only 18 percent were aimed at Democrats.

When one looks at those who work at CREW, these facts aren’t surprising: An analysis of current and past staff members revealed that exactly zero had worked for Republicans or right-leaning organizations before joining CREW. Many of them had worked for Democratic legislators like Chuck Schumer and Joe Biden or liberal organizations like the American Civil Liberties Union and the National Association for the Advancement of Colored People. And the organization was founded by, among others, Mark Penn, a close ally of the Clintons. townhall.com

Where does CREW get their funding? You may or may not be surprised. Here’s a hint: A billionaire originally from Eastern Europe has kicked in some funds. Click here to find out more.



So is CREW a nonpartisan watchdog or Democratic lapdog? Go to CREWExposed.com and you’ll find the answer is pretty obvious. Check out the site and share this with your friends so they aren’t duped by the next news article that features CREW propaganda.

Today’s headlines were supposed to be the political obituary of Scott Walker.

Today’s headlines were supposed to be the political obituary of Scott Walker.   The Union red shirts were supposed to be celebrating in joy today as Walker was to be vanquished.   It did not quite go according to script.

Should we be celebrating?

Not yet.  This battle is anything but over.

The GOP lost two seats.  That was not a surprise.  The radical left cherry picked the districts they wanted to go after.  They picked what they thought were the six weakest.  Dan Kapanke had an up hill fight all the way and Randy Hopper is involved in a nasty divorce amid allegations that he not only has a girlfriend twenty years his junior but helped her get a job with the Walker administration.

Considering the baggage Hopper took with him into the election, it is no surprise that he lost.

The media has been obsessed with the recall of the Republican Senators but has almost totally ignored the recall of two Democratic state senators that will happen next week.

 teapartynation.com

U.S. Debt Crisis: Deal Wasn't Enough

Steep drop in world market openings following S&P's U.S. credit downgrade sends message to lawmakers and investors that debt deal in Congress was not enough to avert potential U.S. economic turmoil.http://www.foxnews.com/

S&P officials defend US credit downgrade

Martin Crutsinger, AP Economics Writer, On Saturday August 6, 2011, 7:14 pm EDT

WASHINGTON (AP) -- Standard & Poor's says it downgraded the U.S. government's credit rating because it believes the U.S. will keep having problems getting its finances under control.
S&P officials on Saturday defended their decision to drop the government's rating to AA+ from the top rating, AAA. The Obama administration called the move a hasty decision based on wrong calculations about the federal budget. It had tried to head off the downgrade before it was announced late Friday.

But S&P said it was the months of haggling in Congress over budget cuts that led it to downgrade the U.S. rating. The ratings agency was dissatisfied with the deal lawmakers reached last weekend. And it isn't confident that the government will do much better in the future, even as the U.S. budget deficit grows.

Bailey Comment: Anybody with any common sense would agree with these people. As long as we have the same idiots running our government it will only keep getting worst!