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About 'accounting standards 10'|..., which pretty nearly dried up when the legislature forced Weld to account for his claimed savings more honestly. And there were some ...







About 'accounting standards 10'|..., which pretty nearly dried up when the legislature forced Weld to account for his claimed savings more honestly. And there were some ...








We               have               had               a               fair,               self-administered               test               that               tells               us               all               we               need               to               know               about               whether               President               Barack               Hussein               Obama               can               find               and               reduce               the               waste,               fraud               and               abuse               in               Medicare               that               he               claims.

We               know               all               we               need               to               know               about               how               good               Obama               would               be               in               balancing               competing               interests,               reducing               costs               and               taking               on               one               sixth               of               the               American               economy.

For               the               2011               budget,               Obama               ran               his               own               numbers               on               his               own               time               and               made               his               own               cuts               and               funded               his               own               spending               priorities.
               Even               when               Barack               Hussein               Obama               got               to               use               all               the               funny               money               and               accounting               tricks               at               his               disposal,               he               could               not               present               a               balanced               budget               now,               nor               project               one               in               the               future.
               Obama's               2011               budget               already               spends               $1.2               trillion               more               than               the               government               will               take               in.

According               to               the               Congressional               Budget               Office,               the               national               debt               it               will               be               over               $20               trillion               by               2020.

The               CBO               says               that               Obama               underestimated               the               deficit.
               The               Obama               administration               calculates               that               it's               policies               will               increase               the               national               debt               by               $9               trillion               in               ten               years.

Critics               say               that               if               you               take               out               the               fuzzy               math               and               budget               tricks,               the               Obama               debt               increase               will               be               more               like               $13               trillion               in               the               next               decade.
               Obama               has               already               signed               into               law               a               bill               that               raises               the               national               debt               ceiling               to               $14.3               trillion.
               Some               experts               estimate               that               the               US               government               has               amassed               over               $56               trillion               in               unfunded               liabilities.

And               this               is               before               the               government               takes               over               health               care.

In               order               to               pay               for               this               your               taxes               would               have               to               double.

You               bill               comes               to               over               $180,000               and               so               does               everyone               elses.

This               is               the               money               the               government               owes               for               pensions,               social               security,               national               debt,               etc.
               Since               the               government               does               not               even               have               to               use               the               standards               of               the               Federal               Accounting               Standards               Boards,               they               can               funny               up               the               money               any               way               they               like.

Another               estimate               of               our               indebtedness               says               we               have               at               least               $59               trillion               in               unfunded               liabilities.

Well               at               least               the               numbers               are               close.
               Either               Obama               is               right               and               he               can               truly               cut               $500               billion               of               waste,               fraud               and               abuse               out               of               the               Medicare               budget               or               Medicare               dependent               seniors               must               die               when               $500               billion               is               cut               from               muscle               and               bone               because               there               really               wasn't               that               much               fat.
               No               one               has               identified               exactly               where               this               $500               billion               of               waste               fraud               and               abuse               is.

Rather               President               Barack               Hussein               Obama               has               given               an               example               or               two               where               money               might               be               wasted               and               estimated               or               projected               the               rest               of               the               savings.

What               we               need               to               know               then               is               just               how               good               Obama               is               at               projecting               things.

Do               we               have               an               example               of               where               he               has               made               financially               based               projections?

In               fact               we               do.

The               Obama               administration               enacted               an               economic               stimulus               package.

Obama               said               that               the               stimulus               package               would               keep               unemployment               below               8%.

Unemployment               actually               went               up               to               10%
               Fact               Check               on               Stimulus               Spending
               Obama               Wrong
               Stimulus               made               it               worse?
               Is               there               any               more               evidence               on               the               government's               ability               to               estimate               costs.

Yes.

Cash               for               Clunkers.

Their               original               estimate               was               that               the               program               could               be               completed               for               $1               billion.

After               that               estimate               was               quickly               shown               to               be               wrong,               they               three               an               additional               $2               billion               at               the               problem.
               Government               Track               record
               Obama               has               promised               to               run               up               trillion               dollar               deficits               as               long               as               he               is               president.

Doesn't               that               mean               we               are               already               out               of               money?

Is               he               going               to               print               the               trillions               of               additional               dollars               and               run               up               inflation               or               borrow               them               from               China?
               Well               maybe               our               current               government               isn't               good               at               managing               money,               or               making               estimates               or               projections.

Surely               government               did               a               bang               up               job               of               these               tasks               in               the               past:
               In               1966               Medicare               cost               $3               billion.

The               House               Ways               and               Means               committee               projected               that               the               cost               in               1990               would               be               $9               billion.

The               actual               cost               was               $67               billion.
               Different               researchers               have               examined               different               aspect               of               Medicare               costs               but               all               of               them               peg               the               growth               in               to               be               at               least               7               times               higher               than               projected.

Remember               that               the               next               time               someone               in               government               tells               you               how               much               Universal               health               care               will               cost               in               10               years.
               The               government               has               over               $50               trillion               in               unfunded               liabilities               before               Universal               Health               Care               comes               in.

Since               we               don't               know               where               all               that               money               is               coming               from,               where               will               money               for               health               care               on               top               of               this               come               from?
               To               be               entirely               fair               to               government,               health               care               is               not               the               only               place               they               have               mismanaged               costs,               consider               the               list               below.

It               was               the               US               federal               government               lack               of               oversight               and               mismanagement               of               the               first               item               in               the               list               that               bankrupted               almost               all               the               world               economies.


               1.

Fannie               Mae               and               Freddie               Mac               
               2.

Amtrak               
               3.

Senate               Restaurant               
               4.

Medicare               and               Medicaid               cost               containment               and               control               
               5.

Paying               for               social               security               over               the               next               50               years               
               6.

Presenting               a               balanced               budget               every               year               
               7.

Reducing               the               Deficit               to               zero               
               8.

Reducing               the               National               Debt               to               zero.


               9.

The               post               office
               There               are               no               economic               reasons               to               give               the               government               more               control               over               health               care               given               that               it               has               financially               botched               everything               it               has               touched.

Government               healthcare               is               a               political               move               not               an               economic               one.
               If               Obama               is               trying               to               trash               the               dollar,               destroy               capitalism,               and               reduce               the               United               States               to               a               third               world               nation,               he               needs               to               do               health               care               reform.

Those               who               don't               want               those               things               to               happen               must               oppose               health               care               reform.
               ObamaCare               promises               to               be               more               like               the               Post               Office.

No               matter               how               much               money               we               pay               for               postage               they               still               run               a               deficit               and               now               they               plan               to               ration               services               by               cutting               out               Saturday               mail               delivery               altogether.

We               know               that               ObamaCare               will               be               this               way               because               any               honest               look               at               socialized               medicine               in               other               countries               reveals               extreme               rationing.

Cutting               $500               billion               off               of               Medicare               as               Obama               plans               is               just               the               beginning.

Just               as               under               Euro               Socialism,               the               sick               elderly               will               spend               most               of               the               time               waiting               in               line               to               die.
               No               Wealth
               How               to               Bankrupt               a               Nation
               President               Karl               Marx...A               Love               Story
               Creating               Wealth
               Wishing               Well
               Constellation               of               Idiots
               Whose               fault               is               it?
               Post               Consumerism
               How               to               Plunder               a               Nation
               Selling               Zero
               The               Most               Corrupt               Politicians               in               Washington
               Dictionary               of               Dreams
               It               is               better               to               be               Drunk               than               Wasted






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