Wednesday Chronicle
Obama's Tall Fiscal Tales
The Foundation
"Facts are stubborn things; and whatever may be our wishes, our inclination, or the dictates of our passions, they cannot alter the state of facts and evidence." --John Adams
Editorial Exegesis

"Mitt Romney 'warned about a "prairie fire of debt." That's what he said,' Mr. Obama said on the Des Moines fairgrounds on Thursday, as if he couldn't believe it either. ... 'What my opponent didn't tell you was that federal spending since I took office has risen at the slowest pace of any President in almost 60 years.' ... [P]ress secretary Jay Carney chimed in [saying] ... to White House reporters that they should not 'buy into the B.S. that you hear about spending and fiscal constraint with regard to this Administration....' Mr. Carney the media critic deeply sourced his view to someone named Rex Nutting, who wrote an 856-word column for MarketWatch that argued 'There has been no huge increase in spending under the current President, despite what you hear.' ... His accounting methods are, er, unusual. Mr. Nutting claims that Mr. Obama is only responsible for $140 billion worth of spending in his hyperactivist first year in office because ... the fiscal year technically begins on October 1, 2009. Therefore he says Mr. Obama had no control over the budget, though in February 2009 he did famously manage to pass an $800 billion stimulus that was supposed to be a one-time deal. Mr. Nutting then measures Mr. Obama's spending growth rate against an inflated 2009 baseline that includes the spending Mr. Obama caused but which he attributes to Mr. Bush. ... The larger conceptual error of the Nutting-Obama-Carney troika is neglecting to compare the budget to the size of the economy. The best perspective on how outlays, tax receipts and deficits change over time is as a share of GDP. ... Prior to Mr. Obama, the U.S. had not spent more than 23.5% of GDP ... since the end of World War II. Yet Mr. Obama has managed to exceed that four years in a row: 25.2% in 2009, 24.1% in 2010 and 2011, and an estimated 24.3% in 2012, up from a range between 18%-21% from 1994-2008. ... As for that prairie fire of debt, Mr. Obama can fairly blame $1 trillion or so of the $5 trillion debt increase of the last four years on Mr. Bush. But what about the other $4 trillion? Debt held by the public now stands at 74.2% of the economy, up from 40.5% at the end of 2008 -- and rising rapidly." --The Wall Street Journal
Essential Liberty
"The Origination Clause in Article I, Section 7 states: 'All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.' ... The Founding Fathers required revenue measures to originate in the House because they wanted this authority to belong to the legislative body closest to the people. ... Senate Majority Leader Harry Reid (D., Nev.) has taken to thumbing his nose at this clear mandate. Recently, he publicly dismissed the Origination Clause as a 'hyper-technical budget issue,' raised by his Republican opponents as 'a fig leaf to hide their blatant obstruction.' ... One unnamed Senate staffer even speculated that the House's fealty to the Constitution 'may be part of some Republican plan.' ... Liberal Senate leaders, it seems, are determined to do what they want when they want to do it, Constitution or no Constitution. ... One of the chief operational principles of the current Senate seems to be, to paraphrase that famous line from Treasure of the Sierra Madre: 'Constitution? We don't need no stinking Constitution!' That's one more reason why the tea-party movement remains politically relevant more than three years after its birth." --Heritage Foundation's Michael G. Franc
Upright
"Barack Obama and his friends in the mainstream media, so called, can't believe that anyone could vote against someone as wonderful as he is (and they are). Only a bigot would vote against such a wonderful president. ... Sixteen states have offered Democratic voters an alternative to Barack Obama, either an actual candidate, 'Uncommitted,' or an opportunity to write in someone's name. So far 15 percent of those Democratic voters have done so. In five states where there has been an actual opponent, 27 percent voted against the president. In New Hampshire, 1 Democrat in 10 wrote in an alternative. Twenty percent of North Carolina Democrats voted for 'Uncommitted.' That's a lot of 'bigots.'" --Washington Times editor emeritus Wesley Pruden
"What do you get when you cross 3 pediatricians, 4 internists, 3 family doctors, 2 epidemiologists, 2 nurses, a PhD, an obstetrician, a perinatologist and an occupational medicine doctor? Unfortunately, this is not a joke. ... This would be the U.S. Preventative Services Task Force (USPSTF), an ad hoc committee charged with making recommendations about clinical preventative services. They have just issued their findings that there is no role for routine PSA screening in men to detect prostate cancer.... You would not go to a pediatrician or obstetrician if you had this disease, so how does it make sense to aggregate 16 such people and have them opine on a subject that they know about only from a book? ... Someone in Washington has decided what the value of a human life is, and what would be the acceptable cost associated with saving it. This is called 'comparative effectiveness' and is what happens in a socialized healthcare system, like in England, where resources need to be allocated prudently, and healthcare is rationed. This is the essence of Obamacare." --columnist Hal C. Scherz, M.D.
"At Cannes, where anti-capitalist movies are always a hit, Brad Pitt's newest venture, 'Killing Them Softly,' is touted as a seething indictment of the American system. 'America isn't a country -- it's a business' is apparently the film's central insight. Set against the backdrop of the 2008 financial crisis, the film was reportedly financed by Megan Ellison, daughter of billionaire businessman Larry Ellison. No wonder that when these kids grow up, some of them make documentaries about how vast conspiracies keep the electric car and, no doubt, the Everlasting Gobstopper off the market. Even more of them uncritically accept this stuff. After all, everyone knows big businessmen are evil." --columnist Jonah Goldberg
The Demo-gogues
Predictions: "This election will be closer than the last one. People don't remember the last election was close. We're gonna have to contend with even more negative ads, even more cynicism and nastiness and just plain foolishness." --Barack Obama
Fulfilling those predictions: "I'm running to pay down our debt in a way that's balanced and responsible. After inheriting a $1 trillion deficit, I signed $2 trillion of spending cuts into law." --Barack Obama
"The challenge we've got is that too many folks aren't on the same page. We've got too many of my dear Republican friends in Congress that have been standing in the way of some steps that we could take that would make a difference at the moment." --Barack Obama
"Nobody wants a handout. Nobody wants to get something for nothing." --Barack Obama
Straw man: "We don't need another political fight about ending a woman's right to choose, or getting rid of Planned Parenthood or taking away affordable birth control." --Barack Obama turning an argument about government's role on its head
Poor taste: "Finally, I do want to acknowledge a man who has played a major role in diminishing inequality in Massachusetts and other spheres, and that's Hubie Jones. ... [I]'m particularly pleased that Hubie got an honorary degree today. You know, when you get an honorary degree they give you one of these and Hubie, I think you now got a hoodie you can wear and no one will shoot at you." --Rep. Barney Frank (D-MA) with a "joke" referencing Trayvon Martin's hoodie
Dezinformatsia
Non Compos Mentis: "I feel ... uncomfortable about the word [hero being applied to fallen American soldiers] because it seems to me that it is so rhetorically proximate to justifications for more war. Um, and, I don't want to obviously desecrate or disrespect memory of anyone that's fallen, and obviously there are individual circumstances in which there is genuine, tremendous heroism, you know, hail of gunfire, rescuing fellow soldiers, and things like that. But it seems to me that we marshal this word in a way that is problematic. But maybe I'm wrong about that." --MSNBC's Chris Hayes (Hayes did, in fact, admit that he was wrong and apologized.)
Alien thought: "I actually have a serious proposal which is that we have to get a bunch of scientists to tell us that we're facing a threatened alien invasion, and in order to be prepared for that alien invasion we have to do things like build high-speed rail. And then, once we've recovered, we can say, 'Look, there were no aliens.' But look, I mean, whatever it takes because right now we need somebody to spend, and that somebody has to be the U.S. government." --New York Times columnist Paul Krugman
Drool on the chin: "There have been rumors -- if the president is not re-elected [dramatic 'God forbid!' face], or that in the future, that you might consider running for political office. Would you ever? You would be a very popular candidate." --Barbara Walters to Michelle Obama
Newspulper Headlines:
Out on a Limb: "Dickerson: Election Still About the Economy" --CBSNews.com
Longest Books Ever Written: "How the Recovery Went Wrong" --The Wall Street Journal
We Blame George W. Bush: "Still at It: Gore Blames 'Dirty Energy and Dirty Money' for 'Dirty Weather,' 'Extreme Climate Events'" --DailyCaller.com
We Blame Global Warming: "Fired for Being 'Too Hot,' New Jersey Woman Claims" --Reuters
News You Can Use: "A User's Guide to Smoking Pot With Barack Obama" --BuzzFeed.com
The Other 7,999,850,000 of Us Will Die of Other Causes: "Death Ray: Global Warming Will Kill Over 150,000 by 2099" --Washington Examiner website
(Thanks to The Wall Street Journal's James Taranto)

Village Idiots
Ready, fire, aim: "Well, this is nothing to do with being anti-business. This is a criticism -- and a good criticism quite honestly -- of Mitt Romney's only thesis for being president of the United States, that he's some kind of economic savior. He's very good at making money for his partners. He's not so good at creating jobs. We've seen that time and time again and I think the American people and voters deserve to understand what Mitt Romney means when he says he has the keys to being an economic savior." --Obama campaign adviser Robert Gibbs
Derailed train of thought: "It seems like [Republicans] act as though, some wiping out of people, some of the right-wing, is all right. It's not all right to do to any innocent people. If you had war and people that's one thing, but to wipe out innocent people just because of who they are like what was done in Hitler's Germany or what was done to Native Americans is not justifiable." --race hustler Al Sharpton saying we're not sure what
Editor's Note: We honor those who have fallen to protect the freedoms that we enjoy. Ironically, free speech is one of those freedoms the Left is more than happy to abuse by throwing insults at those who have defended their rights. Here's what some leftists had to say on Twitter regarding Memorial Day:
"Why do people regard soldiers as heroes? They're paid murderers who kill on the orders of their government. Nothing heroic about that." --ConorFurlong
"Fighting for our freedom? Every other 1st world country doesn't fight, and they have more freedom than us. Get a clue, f--- the troops." --JoeyxParmenter
"Memorial Day only validates a sickness of human history called War. Soldiers are murderers no matter where they're from." --TezmanianMusic
"Every US solider [sic] that's died since the end of WWII died for NOTHING. Their lives were worthless. They were not patriots but MURDERERS." --restorereality
"[W]anted to make sure I threw out a heartfelt F--- THE TROOPS for this Memorial Day." --roastydog
"[A]ll soldiers are either rapists, murderers or enablers of the same. This is not a false statement." --moewytchdog
Short Cuts
"Facebook's price stabilized at thirty-two dollars a share [last] Wednesday, giving investors a realistic stock value at last. No one had any idea what it was really worth. The only reason Facebook went public is because they couldn't figure out the privacy settings either." --comedian Argus Hamilton
"A Washington, DC, elementary school declared last Friday to be Trayvon Martin Day. And in honor of Trayvon Martin, the school reclassified all the Latino students as White." --NewsBusted's Jodi Miller
"First lady Michelle Obama said that if she could trade places with anyone in the world, it would be Beyoncé. Of course it got awkward when Barack was like, 'I'm game!'" --Jimmy Fallon
"Border Patrol agents in California discovered 13 illegal immigrants being smuggled in a phony UPS van. Eric Holder is furious, saying they should've been overnighted by FedEx." --Fred Thompson
Semper Vigilo, Fortis, Paratus et Fidelis!
Nate Jackson for The Patriot Post Editorial Team
101 Comments
Mr Keith O. White in Casper
Wednesday, May 30, 2012 at 1:23 PM
Obama has and continues to spend more than any president in history. Now we find out that the TARP repayments were counted as tax cuts by Obama? If I or anyone else in this country tried to keep books as this administration has done we would be prosecuted for fraud, embezzlement and operating ponzi scheme. I hope all the people that voted for Obama see their error before the election on November 6,2012
Phishhed44 in Hagerstown, MD
Thursday, May 31, 2012 at 8:20 PM
There is no thought process with the Progressivism disease. Can't teach them, debate with them nor change them. There's no mind to do so as it's been programmed. Luckily, unless massive voter fraud is successful, enough people WILL come out to vote this traitor GONE on 11/6/12.
Chesley Kemmp in Bowling Green, Ky
Wednesday, May 30, 2012 at 1:24 PM
I think the Heritage foundation should quote "The Treasure of the Sierra Madre" correctly. The mexican bandit never said "stinking" but this is often a misquoted line. I even misquote it myself for emphasis. Stinking emphasis! ches
J.W. in Glendora, CA
Thursday, May 31, 2012 at 2:12 PM
The Mexican bandit did say, "I don't have to show you no stinking badges." Look it up on U-tube, it's there.
Aubrey Short in Nolensville, TN
Wednesday, May 30, 2012 at 1:27 PM
The day the Democrats took over was not January 22nd 2009, it was actually January 3rd 2007, the day the Democrats took over the House of Representatives and the Senate, at the very start of the 110th Congress. The Democrat Party controlled a majority in both chambers for the first time since the end of the 103rd Congress in 1995.
For those who are listening to the liberals propagating the fallacy that everything is "Bush's Fault", think about this: January 3rd, 2007 was the day the Democrats took over the Senate and the Congress. At the time: The DOW Jones closed at 12,621.77 The GDP for the previous quarter was 3.5% The Unemployment rate was 4.6% George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB GROWTH
Remember the day...January 3rd, 2007 was the day that Barney Frank took over the House Financial Services Committee and Chris Dodd took over the Senate Banking Committee! The economic meltdown that happened 15 months later was in what part of the economy? BANKING AND FINANCIAL SERVICES! Unemployment... to this CRISIS by (among MANY other things) dumping 5-6 TRILLION Dollars of toxic loans on the economy from YOUR Fannie Mae and Freddie Mac FIASCOES!
Bush asked Congress 17 TIMES to stop Fannie & Freddie - starting in 2001 because it was financially risky for the US economy. And who took the THIRD highest pay-off from Fannie Mae AND Freddie Mac?.... OBAMA! And who fought against reform of Fannie and Freddie???? OBAMA and the Democrat Congress!
So when someone tries to blame Bush... REMEMBER JANUARY 3rd, 2007.... THE DAY THE DEMOCRATS TOOK OVER! Budgets do not come from the White House. They come from Congress and the party that controlled Congress since January 2007 was the Democrat Party. Furthermore, the Democrats controlled the budget process for 2008 & 2009 as well as 2010 & 2011. In that first year, they had to contend with George Bush, which caused them to compromise on spending, when Bush somewhat belatedly got tough on spending increases. For 2009 though, Nancy Pelosi & Harry Reid bypassed George Bush entirely, passing continuing resolutions to keep government running until Barack Obama could take office. At that time, they passed a massive omnibus spending bill to complete the 2009 budgets.
Mr Keith O. White in Casper
Wednesday, May 30, 2012 at 1:29 PM
We honor not only those that have fallen, but all that have served and fought for our freedoms and country and we need to think about our heroes daily, not one time a year.
Bob in TN
Wednesday, May 30, 2012 at 1:35 PM
Be honest !! IF the man is a legal citizen as he claims then he is for sure a traitor by his actions and should be charged accordingly.. However, Congress allows this "person" to continue in office acting as our leader and spending money without their authority so they should also be charged with treason !! They have done NOTHING to stop him and have fully violated their Oath of Office, to protect and defend !! Problem is we have no one in a leadership position with the backbone to do what MUST be done.. There will come a time when The People say enough is enough and take matters into their own hands !! That time is fast approaching !!!
Phishhed44 in Hagerstown, MD
Thursday, May 31, 2012 at 8:33 PM
Yes Bob, it sadly is.
dale e.lauffer in columbus ohio
Wednesday, May 30, 2012 at 1:37 PM
Obama will win the Presidentcy. Where we must win is the Senate. If we don't we are cooked. Civil War is just around the corner.
Bill DeFelice in McKeesport,PA.
Wednesday, May 30, 2012 at 1:45 PM
What?!! Bamer responcible?! If he would do the responcible thing,he would resign,and head back to Keyna.
Tina in Texas
Wednesday, May 30, 2012 at 1:46 PM
The comments about our troops are downright awful. Shame on those who have so little concern for and admiration of our troops. I am the mother of a veteran and the mother-in-law of a soldier. Those who make such ugly statements should try putting themselves in my place. Maybe their opinions would change.
sbenard in Utah
Wednesday, May 30, 2012 at 2:06 PM
Obama is the Deceiver in Chief, the Lyin' King, President Perfidious. All are well-earned titles! Congratulations to him!
Kathy in Peoria, AZ
Wednesday, May 30, 2012 at 2:33 PM
Obama's responsibility = 100%. He has wasted billions of $$ on stimulus, omnibus, Solyndra, funding terrorists, other "green hoax" companies, EPA antics - the list goes on & on & on. Where is the budget Dems??????????
Frederick Pechin, Jr. in Warrenton, Va.
Wednesday, May 30, 2012 at 2:44 PM
Let's blame it on the Vietnam War??
KN in Hot Springs, AR
Wednesday, May 30, 2012 at 8:21 PM
or maybe the Articles of Confederation.
Bruce Thomsen in Humble, TX
Wednesday, May 30, 2012 at 2:49 PM
He bears the entire responsibility. As said, "Yneasy is the head that wears the crown". Or as Harry Truman said it "The buck stops here". Obama can obfuscate and lie - but the reality is that he is still responsible.
MNIce in Mankato, MN
Wednesday, May 30, 2012 at 2:50 PM
If Paul Krugman is serious about high-speed rail etc. being necessary for the national economy, then he believes it is worth financial investment, i. e., people will pay enough to use it that it can turn a profit. In that case, let him form a Corporation for the construction and operation of said high-speed rail system, and let him sell stock in that corporation to raise the necessary capital. But he is dead-wrong to advocate using government to force those who are skeptical of the economics of this scheme to invest in that which in government hands would surely be a losing proposition.
Now, if Mr. Krugman is not serious enough to voluntarily invest his own time and money in the proposition, he is lying when he says he seriously thinks government should make these expenditures politically palatable through deception. He should also realize that the government has tried this scam already; a good share of the people saw through it when it was labeled "global warming", or more recently, "climate change".
Hamilton in IL
Wednesday, May 30, 2012 at 10:50 PM
MNIce, you make an excellent point. I'll extend your point by saying a good axiom for us to live by is that if it can be done in the private sector, then it should be.
Over the last century and a half or so, government has co-opted a lot of the economic activity in America, and as you insinuated, a bunch of activity that wouldn't be supported by supply and demand in our economy. So taxpayers are footing the bill for all kinds of activities of questionable value. And we all know, or should know, that politicians co-opt portions of the economy in order to dole out goodies, as if they were Santa Claus.
You were dead-on to use the word "scam".
Thomas Manning in Glen Burnie, MD.
Wednesday, May 30, 2012 at 3:07 PM
All of it.
I actually live in Freetown, a part of Glen Burnie, MD.
James in Huntsville
Wednesday, May 30, 2012 at 3:13 PM
How do you tell if 0 is lying? See if he has been buried yet.