The Obama administration had its usual Friday “Oh, that’s not really bad news” press release yesterday (10/14/11).
I understand how press releases work, I was responsible for them for a short period of time at my last company. If it was something that would positively affect the stock price, the release would go on a Tuesday or Thursday, around 10am. If it was a negative piece, Friday at 4:45pm, hopefully with lots of other news happening.
You want to hide the negative. I get it. Unless of course the press release is from an administration that promised transparency. You know, openness, Kumbaya singing with locked arms around the campfire.
On Friday came the news that the CLASS Act (the Community Living Assistance Services Act, apparently the smartest president EVER can’t spell either) is being dumped. It seems that the cost of the program, one that would give money to pay for even non-medical needs, is simply “unworkable”. (News flash for the smartest president EVER – you were told this over and over and over.) One part down, nine more to go.
Ok, so now that we passed it, they are finally getting around to reading it? Remember, Nancy Pelosi (Liberal Witch-CA) said we needed to pass it to see what was in it. I guess Obozo and his minions are finally getting around to actually reading the thing.
Here is a problem though – there was a lot of “deficit savings” in that one part of the bill. According to the Washington Post, this part was going to REDUCE the federal deficit by $86 billion. The program was supposed to be fully self-funded, with premiums paid by the participants. Obviously someone in the White House found a calculator.
Other news in yesterday’s bad news dump – Obama’s record spending is hitting new highs. According to the news release, the Obama administration ran a $1.3 TRILLION deficit for FY 2011. As noted in the story here at ABC (the All Barack Channel) the deficit is a Federal government deficit. But of course, a quick Google search of “Bush deficits” shows plenty of places calling the federal deficit “Bush’s deficit”. Why the change in wording now? Oh, wait, calling this “Obama’s deficit” would be racist. I forgot.
Now to be fair, although I am not sure why I should be fair, this is just the second highest deficit – the highest was in FY 09 and that has to be attributed to Bush (although money that was paid back under Bush’s TARP was CREDITED to Obama’s budget).
And finally, more good news on the Solyndra front. It seems that George Kaiser, a major investor in Solyndra (and major Obama fundraiser), has not paid his “fair share” in taxes. According to Sunlight Foundation, “In one six year period, during which he increased his net worth enough to land him on the Forbes list of the 400 wealthiest Americans, Kaiser reported taxable income to the Internal Revenue Service just once, totaling $11,699–equivalent to a full-time hourly wage of $5.62.”
Maybe Obama can have Warren Buffet give Kaiser a stern talking to about how he should be paying his fair share.
I’m not sure why this stuff isn’t making headlines to show how corrupt this administration is. The only thing missing from all of this is the murder of a top administration official, a la Vince Foster in the Clinton administration.
So what do you think? How can we get this stuff out to more people? Leave me a comment and let me know.