Showing posts with label Federal Debt. Show all posts
Showing posts with label Federal Debt. Show all posts

Thursday, June 17, 2010

WHY DOES ANYONE EVER BELIEVE THE LIES THAT COME OUT OF THIS PATHOLOGICAL LIAR'S MOUTH?

"Don't mistake activity for achievement."................Coach John Wooden

Shortly after he assumed office last year, the Pathological Liar-in-Chief instituted a pay freeze for top White House Aides earning more than $100,000, saying this would "restore that faith in government without which we cannot deliver the changes we were sent here to make."
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According to an editorial in yesterday's Washington Examiner, under the Obama administration, the government is doing such a good job that it's decided to reward itself. Last year, Uncle Sam paid out $408 million in bonuses to 1.3 million federal workers, according to the Asbury Park Press, which obtained the information through a Freedom of Information Act request. That's about $80 million more than the previous year. About one in four federal workers received a bonus, and awards ranged from $25 to, in the case of one lucky State Department worker, $94,500.

That $408 million figure only counts bonuses that were handed out to about 65 percent of the federal work force. The FOI request didn't cover awards handed out by the Defense and Treasury departments, security agencies, the White House, Congress and various other federal agencies and commissions. In 2008, the last year information was available, the Department of Defense alone handed out $92 million in bonuses to its 687,000 employees.
Federal bonuses are being doled out liberally, even as federal salaries are exploding. From December 2007 through June 2009, the number of federal workers earning six figures increased from 14 to 19 percent. In 2008, average federal compensation, including pay and benefits, was $119,982 -- considerably more than the $59,909 average in the private sector, according to the Commerce Department's Bureau of Economic Analysis. In the midst of a brutal economic downturn that saw millions of jobs lost and unemployment soar above 10 percent, the Office of Personnel Management data shows the federal workforce actually added nearly 100,000 jobs from December 2008 to December 2009.
In theory, introduction of bonuses and pay-for-performance measures in the federal workforce was a positive reform. However, this boom in federal bonuses suggests an "all carrot and no stick" approach to federal performance. For bureaucrats, job security is a non-issue, and they already earn twice as much as an average American just for showing up to work.

Shortly after he assumed office last year, Obama instituted a pay freeze for top White House Aides earning more than $100,000, saying this would "restore that faith in government without which we cannot deliver the changes we were sent here to make." The president made it clear that he knows egregious federal salaries are a problem, yet he's done little beyond this symbolic gesture to address the problem. Actually doing something to rein in the runaway federal bureaucracy would be change taxpayers can believe in.

Monday, June 7, 2010

THIS LIAR DOES NOT WANT TO GET THE COUNTRY BACK ON THE RIGHT TRACK!

Thanks to Neal Boortz for these thoughts.

Last week our federal debt surpassed $13  trillion...and the average debt per citizen has soared to $42,144.    This is the first time in history that our country has sunk this much  into the red. Say what you will about the spending of previous  administrations, but there is no doubt that B. O. and the Democrats  running the economic show in Congress are on a high-speed track to  America's financial destruction.

Since the inept Community Organizer has taken the reins in  Washington, our government has spent an average of $5 billion a day.  That is almost three times as much as the daily average under George W.  Bush. This means that so far under Obama's presidency, our national debt  has risen $2.4 trillion.


Recently, BO had harsh words for the GOP .. he criticized them for  sitting on the sidelines and not offering any solutions. Perhaps Obama  should direct some of that anger towards his fellow Democrats in  Congress who have refused to vote on a budget this year. Other than  defending our nation, is there a more primary function of government  than setting a basic budget for operations? While Obama has managed to  appoint a debt commission, what real action do you see the Democrats  trying to take in tackling our debt crisis? The answer is that you  don't. That's because this is a crisis that isn't going to win them  votes. It isn't going to win them re-election or union support or local  memorials in their honor. It is going to be an issue that takes real  guts - it is going to take politicians who are not there because they  seek power, but because they want to get this country back on track.  Where can you find such selfless people nowadays? Sure ain't the people  currently running the show.

While we are bemoaning the $13 trillion debt, this is a great column  from Caroline Baum at Bloomberg News:


    "We feel for this  mom whose work options are limited by the need to care for her  3-year-old daughter. We all know someone who has been left jobless,  financially strapped and emotionally bereft by the recession. Yet, at  the risk of sounding hard-hearted, the U.S. can't afford to provide  everyone with food, clothing and shelter, not to mention medical and  child care, college tuition, a low-interest mortgage and a Social  Security check until death.

    As much as this single mom's plight tugs at our heart strings,  using deficit financing to provide her with government subsidized child  care is dangerous to her child's health. That child will have to  shoulder the bill. That's the pain we don't feel or hear about; the pain  that doesn't make its way into news stories, at least not in human  terms; the pain that's no less real, just less pressing."




Do you get the point? Things may be a bit rough for us right now  no thanks to this idiot president and his moronic administration , but  do you realize the burden we're putting on our children to ease the pain  for ourselves?  Wouldn't a loving parent suffer the pain right now so  that their children might have a better life? The pain is no less real.  It is a pain that doesn't make the front page of the news. Forget  swimming pools or choking hazards. Our federal debt may be the single  greatest danger to your child's health.