Category: The Economy

First Blue model state to Greece it..

Looks like I lose a bet with a buddy, because Illinois beat California to the punch. Well maybe Connecticut can go right after California, so I win that bet. From the letter of the comptroller of the now bankrupt state of Illinois:

See attached letter sent to elected officials from across the state this morning.

As Illinois’ Chief Fiscal and Accountability Officer, my Office is responsible for managing the state’s financial accounts as well as providing the public and the state’s elected leadership with objective and timely data concerning the state’s difficult fiscal condition. As you are quite aware, I have been very vocal regarding these issues and the budgetary impasse since assuming office six months ago; however we are now reaching a new phase of crisis.

Accordingly, I must communicate to you at this time the full extent of our dire fiscal straits and the potential disruptions that we face in addressing even our most critical core responsibilities going forward into the new fiscal year. My Office has very serious concerns that, in the coming weeks, the State of Illinois will no longer be able to guarantee timely and predictable payments in a number of areas that we have to date managed (albeit with extreme difficulty) despite an unpaid bill backlog in excess of $15 billion and growing rapidly.

We are effectively hemorrhaging money as the state’s spending obligations have exceeded receipts by an average of over $600 million per month over the past year.

My cause for alarm is rooted in the increasing deficit spending combined with new and ongoing cash management demands stemming from decisions from state and federal courts, the latest being the class action lawsuit filed by advocates representing the Medicaid service population served by the state’s Managed Care Organizations (MCOs). As of June 15, the MCOs, and their provider networks, are owed a total of more than $2.8 billion in overdue bills at the Comptroller’s Office. There is no question that these obligations should be paid in a more timely manner and that the payment delays caused by the state’s financial condition negatively impact the state’s healthcare infrastructure. We are currently in court directed discussions to reach a workable and responsive payment schedule going forward, but any acceleration of the timing of those payments under the current circumstances will almost certainly affect the scheduling of other payments, regardless of other competing court orders and Illinois statutory mandates.

Heh, they ran out of other people’s money! Now if Hillary was president, the productive tax payers would just be told to grab their ankles and bail out these yokels, but with Trump-Putin, that is unlikely to happen. No wonder so many blue staters are losing their fucking minds and hoping to reverse the election results. They had banked on their girl saving them from their own ineptness, and now they are stuck with that debt they ran up figuring someone else would end up paying it anyway

I eagerly await your response as to next steps for furthering this discussion.

How about cut your nanny state fucking spending?

Must be why Obama chose to not return home and stayed in D.C…..

Collectivism at work: After we run out of other people’s money edition

Well, a few years back every collectivist out there trying to peddle that failed ideology was lecturing those of us that see the inherent nature and end state of any collectivist experiment, on how Chavez’s revolutionary experiment had made Venezuela not just a more just and better place, but validated their faith in collectivism. The media and the usual big nanny state selling types could not stop talking about how great Venezuela was doing, and how it validated their beliefs and ideology. Chavez was visited by a host of virtue signaling douchebags, while the news cycle took every opportunity it could to tell people how collectivism in Venezuela was saving the poor. Those of us that pointed out that the natural course of events had not happened yet, and that eventually this experiment being lauded, when it reached its end state, would end in misery and failure, were basically mocked and called out as delusional wreckers and kulaks. That the historical president existed to actually validate the case of people pointing out that over time every previous big collectivist experiments the left praised and presented as proof of their ideological superiority, had imploded given enough time to run out of other people’s money, leading to the usual tropes about it not being true collectivism, the wrong people being in charge (a flip from them being the right people at first), the capitalist wreckers undermining the whole fairy tale, or a combination of all these things. It was never the fact that collectivism is a dumb idea because it goes both against human nature and practically every law of nature, physics, and economics.

Well, fast forward to today, and this is Venezuela. The place has been wrecked by the socialists, the corruption inherent in socialism, the attempts to force reality to bend to the will of an insane ideology, and of course, the fact that the saviors of the revolution really did the revolution so they could replace the oligarchy that existed with one of their own. I could be ironic and wonder why now that the place is falling apart the dnc operatives with bylines no longer have Venezuela constantly in the news, and on the rare occasion the do talk about the misery and horrible situation, they never find it in them to actually blame the cause for the current condition: collectivism.

there is a lesson here, but I doubt the people that should learn it will ever do so. Envy of what others have and the need to virtue signal are powerful things for the usual idiots that purposefully remain oblivious to the destruction, misery and death toll of their ideology. Queue the people that will now complain about me because there is no defense for the evils of collectivism outside the family unit.

Another oldie but goody from the long list of Obama got it wrong again

I now have no doubt that Obama was the most incompetent and destructive president of my time, unseating Jimmy Carter, which in itself is some staggering achievement, and that the only way he could have been saved from that distinction was a Clinton presidency. Lucky for the country and the world, and to the chagrin of your usual leftist douchebag and the guilty pleasure of people like me, we were spared that horrible faith. The guy, along with telling lies and lording it like he was an emperor, made it a point to say stupid shit and then be proven wrong. Of course, the LSM played defense for him and would twist itself into pretzels doing so. Let’s not rehash that conversation. After all, anyone still claiming that the bulk of what those of us have been calling the Lame Stream Media for years aren’t a bunch of biased leftists shills – democrat operatives with bylines if you allow this apt label – is themselves a blind partisan hack.

I could wax philosophical about the failures of Obamacare, the lies told to pass it, and the lies now told to keep it despite the fact the thing is an epic disaster, but that’s not what this post is about. I could also go into how I believe that despite the distraction tactics from the dnc operatives with bylines about Russia stealing the election, Trump being a Putin stooge, or focus on how the people that spend decades excusing the evils of communism and the USSR and then made fun of Romney when he pointed out the Russians were a problem now are all up in arms about that red scare they so sarcastically dismissed and defended, eventually all this empty posturing and belly aching bullshit will be swept away by the revelation that it is all smoke and mirrors to hide the fact that the Obama administration used both the US intelligence community and foreign entities to spy on political enemies of the left. Keep your eye on this one, because that is the real big story out there that the left is desperate to destroy Trump over so he can’t dismantle the machine that has been helping the left cover this criminal activity up. But that is not what this post is about either. Shit I could even go into the “I told you sos” I promised the usual douchebags we have here, and there are several of those already, but that’s not what this is about either. No, this post is about a old lie/idiocy told by Obama and the left, when they were hard at work pissing away billions of tax payer dollars on green shit that only served to enrich democrat operatives, friends, and donors. Let me set this baby up.

Remember when black Jesus told the country, during the days of $4+ a gallon gas, with prices going up and no end in sight, that those of us that were saying that the US should drill for oil to lower prices were morons that lacked his nuanced understanding of economics he had? Remember people saying “Drill baby, drill” being mocked by credentialed leftist elite cunts that made fun of how idiotic one had to be to believe that more oil somehow would reduce oil prices? Yeah, these days there is a reason you only hear people that like me knew Obama and the left were full of shit and either idiots or downright contemptible crooks talk about this topic, and that is because those that managed to do the drilling despite the cock blocking actions of the Obama administration, have brought us to this:

The oil cartel roped eleven other petrostates into an agreement to curtail production in 2017 and are currently working on extending that deal, but the output cut’s ultimate goal of eating away at the oil market’s glut of crude is being undermined by the actions of suppliers outside of OPEC—U.S. shale producers chief among them. Now, OPEC is revising upwards its estimates of how quickly supplies will grow outside of its membership this year by a whopping 64 percent. Bloomberg reports:

Production from outside the Organization of Petroleum Exporting Countries will increase by 950,000 barrels a day this year, OPEC said in a report, revising its forecast up by about 370,000. The projection is four times higher than in November, when the group announced a production cut to try and re-balance oversupplied world markets. Non-OPEC nations pump about 60 percent of the world’s oil. […]

“U.S. oil and gas companies have already stepped up activities in 2017 as they start to increase their spending amid a recovery in oil prices,” OPEC’s Vienna-based research department said in the report. “In addition to the growth in the U.S., higher oil production is expected in Canada and Brazil.”

Some of the most vile entities on the planet are feeling the pain of low oil prices. From Russia to Venezuela to Iran, low oil prices have prevented some of the most vile players from being able to do mischief. Of course in the case of Iran, they are these days not doing so bad after the Obama administration, which lied to the US people and the world at large about getting Iran to stop the production of a nuclear weapons, not only lifted the sanctions on them, but paid them close to a trillion dollars in a deal akin to selling one’s soul to the devil that basically left Iran free to still build a bomb unless someone else used force to stop them. And I love that the usual green peddlers are feeling it too. I am smart enough to see through the lies that government interference will make these technologies more viable. History has proven that whatever government mandates ends up reduced to near non-existent evolution and stagnated high prices. Look at healthcare, cars, and a plethora of other such examples on your own time. They are there if you are not ideologically blind. And yeah, I remember when government could make things happen. Those days are long gone now that government is populated and run by inept and idiotic credentialed elite douchebags.

Back to the main topic: low oil/gas prices. Want to know why we got that?

This supply-side surprise comes courtesy of American frackers, who have seized the opportunity afforded them by the petrostate cuts and have ramped up their own production over the past nine months. By cutting costs and boosting efficiencies, U.S. shale has made itself capable of profitably producing $50 per barrel oil.

This is the worst-case scenario for OPEC: whatever success its production limits have in inducing a price rebound, the fruits of those labors will be enjoyed first and foremost by U.S. companies who will find more of their shale operations profitable at higher prices. With projections for growth of non-OPEC supplies being ramped up so dramatically through the end of the year, it’s clear to see that that’s already happening.

Kiss your frackers when you see them. And if I might be allowed one more comment about the nefarious relationship with Russians, I point you not to the delusional democrat’s usual target – Trump – but to the people that have opposed fracking in the US. Oh, I have heard the counterclaims made by the same dnc operatives with bylines today perpetuating the lies about a Trump-Putin connection and still harping on about a hacked/stolen election, when there has been zero evidence of any sort of connection presented and their choice of words to mask that what happened was that someone did the US voters a favor and exposed the corruption and criminality of the dnc (and nobody even knows if that was the Russians, but they keep pretending it was) so spare me the douchebaggery.

All that wolf crying…

Is not really going to go anywhere, and that is because as many of us that saw the hysteria sans any evidence pointed out: it was all bullshit. There is no way that if this story even had an inkling of a chance of being true – based on evidence, that is, not the pipe dreams of a bunch of idiots with an agenda to deflect from the real issues – that we wouldn’t have been given the facts by now. The democrats play dirty. They care not a damn if they destroy the country if it keeps them in power, so if they had proof, that proof would already have been released by their operatives in the deep state bureaucracy.

This Russia thing was started as a distraction from the revelations of how corrupt the DNC and the Clinton campaign were, and it got legs after the people in the Obama administration that tapped the Trump campaign – to find dirt no doubt – started pretending there was something going on there. We now know that the democrat delusion and their knee jerk reaction after losing an election they felt certain they had already stolen, was all bullshit. Oh sure, they are still talking about Trump being a Russian stooge, despite the fact that unlike them he has been though with Russia and is pro fracking – something that impacts the economy of Russia which is mostly centered around the sale of oil and natural gas far more than anything we could do otherwise in a real negative way – because the objective here has from the start been to deligitimize his election in the eyes of the low information voter. The usual dnc operatives with bylines were more than happy to go along with the bullshit because they too wanted some magical event to give them president Hillary. After the attempts to coerce the electoral college, convince people that we should suddenly look at the popular vote and not the legal election, and a bunch of other madness (remember this doozy?) all went nowhere and the left was left unable to steal the election, they decided that they needed to undermine the presidency.

As I pointed out before, only to have our resident trolls all go batshit on me for daring to say so: nothing will hurt the left more than Trump being successful at rolling back the nanny state, firing up the economy, and doing foreign policy different than the cock suckery of the Obama years. Any success is damaging to that moron Obama’s legacy (and those that defended it), and more importantly, to the left’s dogma. The left wants to believe they are the experts. The only ones that know what is right and how to make things work. Note I said want to believe, because any observation quickly should dissuade anyone but the most partisan or stupid person from any such delusion. Hence that Krugnuts prediction about economic doom turns into real stories like this, this, and this. The people that grow wealth all feel that things are going to get better. Even the ones that spout idiotic leftist shit all the time.

And do you remember Obama telling us we couldn’t drill ourselves out of high gas prices? Well, despite his administration’s best efforts, it is precisely the drilling – well, fracking – done in the US and Canada, that has driven down the price of oil, while preventing hostile countries such as Iran, Saudi Arabia, Russia, and even that leftist tropical paradise of Venezuela from making like bandits at our expense. What about all that bullshit bracket filling during March madness? I sure as hell don’t miss that crap. And so on.

Anyway, back on topic. The left is desperate to make you believe only they are qualified to be in charge. hence this idiotic play to deligitimize the Trump presidency, of course for many of us it feels more like this. Me, I hope these morons keep at it. Be hysterical idiots. Throw tantrums and act all bitchy. Cry wolf. Sure low information voters might fall for it now, but more and more people are realizing what’s going on. The fact that the dnc operatives with bylines destroyed any credibility they might have had left alone is a major victory for freedom loving people. But the left refusing to accept their fantasy world has run into the real one, is priceless. This is gonna be great to watch. Pass the popcorn please.

Budget Blueprint Out

Trump released a blueprint of his budget for discretionary spending today. It includes a big increase in military spending but balances it with massive cuts to other agencies, particularly the EPA, NIH and HUD. Real cuts, not “slowing growth” cuts.

There is little chance that the Congress will pass this budget. In the end, they will come up with their own plan. There is a lot that alarms me. The big cut to NIH would be a blow to public health and scientific research, including the research we need to deal with things like Ebola. Cuts to EPA sound good but unless you’re also cutting regulations, that just means longer delays in EPA evaluations and clearances. The budget also guts climate science since we apparently don’t have to care anymore.

Other cuts, like HUD and that National Endowment for the Arts, seem more reasonable. The gripping hand is that, with big increases in military spending and no entitlement reform, even Trump’s budget does nothing to get our debt under control.

Of course, the Left, being the Left, has decided to focus their criticism as stupidly as possible. They are claiming that Trump is canceling Meals on Wheels.

Are they right? Is Trump canceling Meals on Wheels? No he isn’t.

One of the cuts in the budget is longer overdue cutting of the Community Development Block Grant Program. The CDBG is a $3 billion program that ostensibly goes to developing poor communities but mostly goes to graft, corruption and waste. It blows massive amounts of money on wasteful projects, sees a huge chunk disappear into administrative costs and, unsurprisingly, sends most of its funds to wealthy communities around DC that can, frankly, fund their God-damned white elephants.

(Note: this is typical of programs that purport to develop communities up to and including the grandaddy of all “community development” pork barrels — public subsidies for sports stadiums. It’s odd how often governments decide that the best way to develop a community is to throw money at their rich friends.)

With such a juicy slice of government pork-barrel spending in danger, the Democrats had to find some way to save it. And so they scoured the budget until they found something. It turns out that one of the many things the CDBG program gives money to is Meals on Wheels.

Meals on Wheels is a great program. But their national program only gets 3% of their funding from government grants. Almost all of the rest of their funding comes from private sources. And a huge amount of its costs are covered by volunteers. So even if Meals on Wheels never saw another red cent of federal money, they would still be able to do almost everything they do right now.

This nonsense is typical of attempts to cut government spending. The federal government does not run a Federal Cat Kicking Program or a National Dog Beating Program. Almost all of its programs have noble intentions. Or at least noble labels. So even if a program is wasteful, it purports to fight illiteracy or feed the hungry or build communities. The people who benefit from a federal program — in the case of CDBG, that would be rich DC-area governments — are very invested in making sure it stays funded. By contrast, the people pay for it — that would be the rest of us us — only see a tiny part of their paychecks go to that particular program. And so Trump’s proposal to kill the wasteful CDBG program are cast as, “DONALD TRUMP IS TRYING TO STARVE SENIORS AND THIS PROGRAM ONLY COSTS YOU TWO CENTS A DAY!!” And, of course, our worthless media repeat that lie until the program is saved.

This is why we ended up with the sequester. Because the alternative to a dumb misguided across-the-board spending cut was no spending cut at all. Trump would be far better off simply setting a cap on how much discretionary spending he will accept before a veto and then let Congress squabble about where the money’s going. And if the Left really cares about Meals on Wheels, they can pony up another 3% of its funding themselves.

Dipping A Toe In

Despite my spidey sense tingling like crazy and that little voice in my head saying, “Leave this one alone” my curiosity and a genuine heartfelt desire to educate myself on a topic I feel limited in, I’m going to throw out another climate change post, but from the position that I would like input from those so called experts for my on benefit.

First a disclaimer, I have no science background and 8 times out of 10 whenever the subject is brought up, it comes from a position of certitude so off putting (the science is settled so get with the program) or it is espoused by those so radical/tyrannical (anyone that denies climate change should be jailed) that my immediate reaction is to change the channel. I admit I must resist the urge to tune out, thus this post.

There is a group of Republicans that formed to address the seriousness of climate change, The Climate Leadership Council. Here is their mission statement;

Mounting evidence of climate change is growing too
strong to ignore. While the extent to which climate change
is due to man-made causes can be questioned, the risks
associated with future warming are too big and should be
hedged. At least we need an insurance policy. For too long,
many Republicans have looked the other way, forfeiting
the policy initiative to those who favor growth-inhibiting
command-and-control regulations, and fostering a needless
climate divide between the GOP and the scientific, business,
military, religious, civic and international mainstream.
Now that the Republican Party controls the White House and
Congress, it has the opportunity and responsibility to promote
a climate plan that showcases the full power of enduring
conservative convictions. Any climate solution should be based
on sound economic analysis and embody the principles of free
markets and limited government. As this paper argues, such
a plan could strengthen our economy, benefit working-class
Americans, reduce regulations, protect our natural heritage and
consolidate a new era of Republican leadership. These benefits
accrue regardless of one’s views on climate science

.

What clued me on to these guys was a WSJ article I read this morning. It is a short piece, easily readable.

I would appreciate Stogy, CM, Hal, and Alex to comment on it from a position of;

Does this make sense to you?
Does it go far enough?
Do you think they have a proper handle of the situation?
Can capitalism/free trade exist in a world where climate change is seriously addressed?

Any other readers who feel compelled to comment is also appreciated.

Naturally I think any “carbon taxes/carbon dividend” steps can only be addressed after real meaningful tax reform, lowering the corporate tax rate and providing tax incentives to facilitate bringing back home the trillions out there overseas.

OK, let me have it.

No way! They lied… Again?

I could set this all up and write as if I am totally surprised to find out that top men at NOAA have been lying again for political reasons, but that stuff is getting old and sad. Lets just read the thing and get to the most recent revelations of malfeasance by the credentialed elite with an agenda:

The Mail on Sunday today reveals astonishing evidence that the organisation that is the world’s leading source of climate data rushed to publish a landmark paper that exaggerated global warming and was timed to influence the historic Paris Agreement on climate change.

A high-level whistleblower has told this newspaper that America’s National Oceanic and Atmospheric Administration (NOAA) breached its own rules on scientific integrity when it published the sensational but flawed report, aimed at making the maximum possible impact on world leaders including Barack Obama and David Cameron at the UN climate conference in Paris in 2015.

The report claimed that the ‘pause’ or ‘slowdown’ in global warming in the period since 1998 – revealed by UN scientists in 2013 – never existed, and that world temperatures had been rising faster than scientists expected. Launched by NOAA with a public relations fanfare, it was splashed across the world’s media, and cited repeatedly by politicians and policy makers.

But the whistleblower, Dr John Bates, a top NOAA scientist with an impeccable reputation, has shown The Mail on Sunday irrefutable evidence that the paper was based on misleading, ‘unverified’ data.

It was never subjected to NOAA’s rigorous internal evaluation process – which Dr Bates devised.

His vehement objections to the publication of the faulty data were overridden by his NOAA superiors in what he describes as a ‘blatant attempt to intensify the impact’ of what became known as the Pausebuster paper.

His disclosures are likely to stiffen President Trump’s determination to enact his pledges to reverse his predecessor’s ‘green’ policies, and to withdraw from the Paris deal – so triggering an intense political row.

Where to begin? Tom Brady won a fifth NFL title for New England, pissing off that douchebag Goodell and setting up the stage for a ton of libs pants shitting when he and Bill Belichick meet with Trump and are all happy about it. No wait. That’s a different story for a different day. So I guess I will start with the revelation that this paper was not peer reviewed and was presented as critically important scientific fact by people with an agenda. I wish I could say this revelation somehow was a surprise as well, but considering how much made up shit, rigged data & models, massaged systems that always produce the same cataclysmic results, and whole cloth exaggerations, if not downright making up fake crap, have been part & parcel of this cult, that would drag me down to the level of these people. You of course ask yourself, how could this happen? What about scientific rigor and oversight? Well, here is what we find out next:

In an exclusive interview, Dr Bates accused the lead author of the paper, Thomas Karl, who was until last year director of the NOAA section that produces climate data – the National Centers for Environmental Information (NCEI) – of ‘insisting on decisions and scientific choices that maximised warming and minimised documentation… in an effort to discredit the notion of a global warming pause, rushed so that he could time publication to influence national and international deliberations on climate policy’.

Dr Bates was one of two Principal Scientists at NCEI, based in Asheville, North Carolina.

Official delegations from America, Britain and the EU were strongly influenced by the flawed NOAA study as they hammered out the Paris Agreement – and committed advanced nations to sweeping reductions in their use of fossil fuel and to spending £80 billion every year on new, climate-related aid projects.

The scandal has disturbing echoes of the ‘Climategate’ affair which broke shortly before the UN climate summit in 2009, when the leak of thousands of emails between climate scientists suggested they had manipulated and hidden data. Some were British experts at the influential Climatic Research Unit at the University of East Anglia.

NOAA’s 2015 ‘Pausebuster’ paper was based on two new temperature sets of data – one containing measurements of temperatures at the planet’s surface on land, the other at the surface of the seas.

Both datasets were flawed. This newspaper has learnt that NOAA has now decided that the sea dataset will have to be replaced and substantially revised just 18 months after it was issued, because it used unreliable methods which overstated the speed of warming. The revised data will show both lower temperatures and a slower rate in the recent warming trend.

The land temperature dataset used by the study was afflicted by devastating bugs in its software that rendered its findings ‘unstable’.

The paper relied on a preliminary, ‘alpha’ version of the data which was never approved or verified.

A final, approved version has still not been issued. None of the data on which the paper was based was properly ‘archived’ – a mandatory requirement meant to ensure that raw data and the software used to process it is accessible to other scientists, so they can verify NOAA results.

Get that? The very director of NOAA’s climate data production factory rigged the game to produce the desired results that would fit the narrative by the cultists that the end was nigh. Of course, as we know, this is neither new nor uncommon behavior with these people, whom for some reason don’t lose their scientific credibility after being caught red handed fabricating the results they want to push the agenda, because the whole thing is political.

So since you can’t defend this indefensible anti-science behavior, I expect the cultists to attack a man with the following credentials for not believing the correct dogma that they sell by consensus.

Dr Bates retired from NOAA at the end of last year after a 40-year career in meteorology and climate science. As recently as 2014, the Obama administration awarded him a special gold medal for his work in setting new, supposedly binding standards ‘to produce and preserve climate data records’.

I am certain that this infidel will be punished for letting us take another peek behind that dirty curtain. The sad fact is that these idiots have themselves to thank for the lack of credibility they suffer from, and for the reactions clear thinking people – those of us that respect the scientific process – have towards them. When the crap hit the fan a long time ago when neither the models nor the predictions bore any resemblance to reality, had these people really been interested in making the case with science, the correct action would have been to go back to the drawing board. We got none of that. They basically doubled down on the nonsense, screamed even louder, denigrated and called anyone that pointed out they had nothing to really stand on, accusing them of being deniers, all of which were clear signs you were dealing with a cult.

Revelations like this, only serve to make it even more clear that we are not dealing with anything scientific. Well that and the fact that the solution to this calamity always boils down to some massive wealth redistribution scam that removes more of our freedoms, drastically grows the nanny state, seems to have a scary eugenics bent at its center, and without a fault always serves to enrich a small cadre of establishment credentialed elites. This nonsense has been very lucrative for a connected few, and a costly and idiotic thing for the rest of us. It’s time it died and the reds picked a new calamity to push their agenda with. Maybe a meteorite strike or an alien invasion.

$9 Trillion in debt! WHO YOU GONNA BLAME?

Read the title of my post as a spoof on the whole Ghostbusters song – the good one from back then, not the idiotic PC reboot that Hollywood douched us with last year – because it is appropriate. The other day another old democrat crone was asked for an explanation of why the country accumulated $9 trillion plus dollars in debt with absolutely nothing to show for it (a lot of vote buying there and Hillary still lost), and Pelosi, in her grandeur, blamed Boosh. I am starting to think Boosh might be some kind of inhumane super fiend, because the guy can do everything impossible.

Let’s all sign it, baby: If the left is called out on something bad, who ya gonna blame? “George BOOSH”! Catchy…

Here we go:

House Minority Leader Nancy Pelosi blamed former President George W. Bush and the Republicans on Friday for the more than $9 trillion that has been added to the national debt under President Obama’s watch.

Pelosi argued that under Obama, the annual budget deficit, which contributes to the national debt, has been reduced dramatically, and said that without Obama’s work, the national debt would be even higher. She also mostly blamed Bush for not paying for the wars in Afghanistan and Iraq.

That same old tired trope again. Obama was great for the economy! Boosh’s Wars! This crap has to be because Pelosi knows for a fact that it was Boosh that bombed the twin towers. She must also think (or want everyone to believe) that it was Boosh whom unilaterally decided to invade Iraq. Thusly, poor godsend Obama struggled to end those evil wars, by losing them, and only managed to start conflicts all over the place – because of Boosh’s mind control, according to Pelosi (or was that all because of the evil Noble Peace Prize whispering in his ear?) – destabilizing the ME and the world in the process, had to spend all that money. It could never be that congress, mostly when it was totally controlled by democrats, felt obligated – probably because of Boosh’s evil super powers, again – to spend trillions more than the broken economy the democrats left us with after their social justice home-loan lending schemes imploded, so they could engage in buying votes, enriching special interests, and fattening donkey campaign coffers.

“When President Obama stood on the steps on the Capitol eight years from next week, the [budget] deficit was $1.4 trillion — one year deficit,” she said. “It’s reduced by 70 percent in his administration. Much of the increase in the national debt that has occurred from this time still springs from two unpaid-for wars, cost that we owe our veterans following that, giveaways that they gave to the pharmaceutical industry, and the high-end tax cuts that have carried forward without any job production. Absent the work of President Obama, this national debt would be even higher.”

Pelosi has some gall. Let me point out that $1.4 trillion dollar deficit was done by the congress she ran after the 2006 election, which remind everyone overrode evil Boosh to spend that money. Those of us that understand who decides how tax payer money gets spent, and who can sign for it or veto it, that is, if they can avoid that congressional override. Based on her own words, we are left basically connecting her accusations of that money being given to fat cats, with her. But somehow it still is Boosh’s fault they did that. Then you got this:

Pelosi noted the work done by former President Bill Clinton to balance the budget or leave a surplus.

You mean the work done by Newt Gingrich, thrice before it stuck? Gingrich dragged the smarter Clinton kicking and screaming away from the leftward turn his people and that crime syndicate capo he married for political convenience had been driving us for the first 2 years of his administration, and dismantled a lot of the horribly costly and wasteful welfare state. I wonder how that expensive welfare state fared under Obama, and if that coupled with the depressing and miserable Obama economy might have more to do with?

And then we have the other shoe about to drop: Obamacare. A monster that is poised to bankrupt America, if it is not slain soon. I bet Pelosi would like us to believe that was also Boosh’s fault even though not a single republican voted for this monstrosity and Boosh was on his ranch in Texas clearing brush. This is the Obama legacy, but the tools want you to believe someone else is responsible for 8 years of amateur hour.

Lets all sing it now: If you are a democrat, and you get called out on being crooks, who ya gonna blame? “George BOOSH”! If someone points out, you fucked America over good, who ya gonna blame? “George BOOSH”!

Catchy indeed. That Boosh guy is the most powerful villain in human history I tell you..