Here we are once again. In spite of $trillion deficits as far as the eye can see, neither Obama nor the Democrats want to do anything about it.

Please consider Obama to Urge Congress to Delay Automatic Spending Cuts

2
1
View Full Article
Mike Shedlock

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

Most Recent Articles

Join the Debate
18 Comments So Far
LonePine Wrote: Feb 06, 2013 4:08 PM
An electorate that allows its votes to be bought by hand-outs from FedGov, and a FedGov willing to buy votes in order to get re-elected. How do we elect a President Scrooge ?
Flag as Offensive
DuaneUrban Wrote: Feb 06, 2013 4:03 PM
Dear Mike,

I suppose you advise companies to move operations overseas to save money on labor. You are now at a loss trying to explain the truth since your advice and others like you caused the mess we are in now. Americans need jobs to buy the goods and services of corporations. Corporations have taken the American worker down. With that goes the value of the dollar which is based on the productivity of the American worker.
Flag as Offensive
Pete1215 Wrote: Feb 06, 2013 1:06 PM
Uncle Sam is a 450 pounder who can't keep his fingers out of the cookie jar. Cut, cut, and cut some more.
Flag as Offensive
doc, aka Rich Wrote: Feb 06, 2013 12:40 PM
Our nation is unable to cut because a majority of it's citizens favor socialism, and redistribution. That is the nation we live in. It's not evil politicians. Our elected politicians statistically reflect the electorate that selected them. Those who recite about our being a center right nation sound like my grandfather recalling when a cup of coffee cost only 5cents. Times change, and so do populations. Bankruptcy is our destination nor is there any chance of avoiding it short of a miracle.
Flag as Offensive
larsen14 Wrote: Feb 06, 2013 6:25 PM
I could not agree with you more, in my state our "so-called" repubilicam governor just announced that he is going to expand medicaid, but he is going to have a condition in that if the federal goverment changes the amount it pays to ohio he will stop the expansion. I fear that nobody can help this country now
Flag as Offensive
Blair43 Wrote: Feb 06, 2013 10:29 AM
HELLO! Wasn't it the DEMOCRATS that threatened the US with the sequester IN THE FIRST PLACE?!?! They weren't willing to agree to spending cuts - even those in Obama's own Simpson-Bowles commission - and apparently never will be.

Hold the line, Republicans. Tell President Obama:
1) Pass a budget. You're four years overdue and directly in violation of the Constitution.
2) No new taxes. Period. Exclamation point. We have a spending problem, not a collection problem.
3) Hammer him on jobs. He's done NOTHING to get people back to work.
Flag as Offensive
agitator Wrote: Feb 06, 2013 10:11 AM
You mean rich Republicans?
Flag as Offensive
Blair43 Wrote: Feb 06, 2013 10:31 AM
What's your suggestion? We have a spending problem, not a revenue problem. And the bigger gorilla is the impending debt payments.
Flag as Offensive
Tired in Texas Wrote: Feb 06, 2013 5:43 PM
No, we mean rich Democrats.
Flag as Offensive
faithhopecharity Wrote: Feb 06, 2013 9:18 AM
CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT! CUT!

give me a C give me a U give me a T
what does it spell? what do we want? C U T
Flag as Offensive
DavidM Wrote: Feb 06, 2013 8:55 AM
800 billion dollar stimulus passed in 2009. No budget passes since then so spending has remained at +800 billion dollars for 4 years.

Not only is the economy still in the toilet, but not one Congressman will admit this. They are addicted.
Flag as Offensive
mkienlen Wrote: Feb 06, 2013 8:50 AM
Clearly obama has never been denied anything he wanted.He is a spoiled brat,who will never grow up.His Grandparents probally felt bad for him since his Mom ran off and abandoned him so they tried to make this up to him,by always giving him what he wanted.This is where he learned to manipulate people to give him what he wants,you have to admit he is good at getting what he wants.he has learned to play the victim card to the hilt,he knows if he says poor me my life is hard You OWE me this.obama is going to bring some harsh consequences upon this Nation unless we act and force him to accept responsibility and deal with the consequences of his inaction,this is the only way we might save our beloved nation.
Flag as Offensive
ocarol500 Wrote: Feb 06, 2013 6:56 AM
Obama's behavior indicates that he's never been held accountable for any of his actions, that he's never had to live within a budget, that he's never been poor enough to wonder where his next meager meal would come from. He is no more a part of 'poor America' than he is of the Black community. He is a deceiver, a charlatan, an impersonator, an impostor, a fabricator and a forger. He is, in a word, despicable. And he's proud of being all those things.
Flag as Offensive
fjbcib1 Wrote: Feb 06, 2013 4:08 PM
I am an AMERICAN and so proud of our GOD and COUNTRY and I do believe in the constitution of the UNITED STATES of AMERICA and would like to say to all Americans that if you voted for Obama, you will still have all the empty promises that he portrayed to America from 2008 Election All the promises that he has brought forth in the past four years is told through the (3) debates (Obama Vs Mitt Romey) He lied so badly at the podium on stage before the AMERICAN PEOPLE about what his intensions are. This is exactly what you are going to get for the next 4 to 20 years. Meaning, that Obama will no doubt change the constitution to run for 4 or 5 more terms. Obama will change the constitution to read just exactly the way he wants and
Flag as Offensive
Matt in N.C. Wrote: Feb 06, 2013 6:31 AM
Contrary to prevailing opinion in Detroit, where those idiots recorded a few years back may still be standing in line for "Obama money," Obama doesn't have money to spend on cookies OR candy. The kids take it at gunpoint from the neighbors. Indeed, Obama is one of the kids, and he wants candy. Although the Democrat and Republican factions of the Business as Usual Menagerie are morbidly obese, Republicans overeat chicken and broccoli. Democrats gorge on candy. They've also taken the doors off the hinges so everyone else can move in and get free candy from them. Those newcomers demand more candy, and they don't care who has to go without broccoli. Aside from these points, you've written a fine essay.
Flag as Offensive
JOHN1464 Wrote: Feb 06, 2013 5:33 AM
100 billion a year in cuts is just a drop in the bucket the way Washington spends money. This does show that there is not alot of difference between the two parties.

Bring on the cuts!!
Flag as Offensive
almostoverthehill Wrote: Feb 06, 2013 4:50 AM
Stand your ground Republicans.
Flag as Offensive
New comments on this article - click to refresh