Mitt Romney’s Debt Ceiling Deception


For the most part, last night’s debate was refreshing in the sense that the candidates were honest about their lack of conservatism.  Santorum, Gingrich, and Paul affirmed their support for some aspect of earmarking (although some parsed words), Rick Santorum owned up to his support of No Child Left Behind, Ron Paul unabashedly enunciated his support for Iran’s nuclear program, and Newt Gingrich also confirmed his support for Obama’s federal intervention in education via the “Race to the Top” program.

Nevertheless, there was one man who refused to own up to his lack of conservatism; Mitt Romney.  Romney consistently criticized Rick Santorum for his support for things that he undoubtedly would have voted for had he been in the Senate.  Some of the items, including NCLB, Planned Parenthood, and bailouts, he did support even without a voting record in the Senate.

Let’s face it; had Romney won the Massachusetts Senate seat in ’94, he would have voted for earmarks, No Child Left Behind, every bailout under the sun, funding for Planned Parenthood, and yes – he would have supported Arlen Specter.  After all, he ran to the left of Ted Kennedy in ’94.   We all know that Romney would have made Olympia Snowe look like Jim DeMint had he been more successful at electoral politics.  So don’t try to use your time out of Congress to your advantage, Mr. Romney.  Own up to your liberalism.

The most egregious claim from Romney was his false declaration that he opposed raising the debt ceiling without a cut, cap, and balance provision.  Romney asserted, “I said yes we should increase the debt ceiling in this last vote, but only if we have a cut, cap and balance provision put in place. Only in that case. And, therefore, I did not agree with the deal that was done in Washington. That was the wrong way to go.”

This is simply not true.

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Mitt Romney’s Debt Ceiling Deception


For the most part, last night’s debate was refreshing in the sense that the candidates were honest about their lack of conservatism.  Santorum, Gingrich, and Paul affirmed their support for some aspect of earmarking (although some parsed words), Rick Santorum owned up to his support of No Child Left Behind, Ron Paul unabashedly enunciated his support for Iran’s nuclear program, and Newt Gingrich also confirmed his support for Obama’s federal intervention in education via the “Race to the Top” program.

Nevertheless, there was one man who refused to own up to his lack of conservatism; Mitt Romney.  Romney consistently criticized Rick Santorum for his support for things that he undoubtedly would have voted for had he been in the Senate.  Some of the items, including NCLB, Planned Parenthood, and bailouts, he did support even without a voting record in the Senate.

Let’s face it; had Romney won the Massachusetts Senate seat in ’94, he would have voted for earmarks, No Child Left Behind, every bailout under the sun, funding for Planned Parenthood, and yes – he would have supported Arlen Specter.  After all, he ran to the left of Ted Kennedy in ’94.   We all know that Romney would have made Olympia Snowe look like Jim DeMint had he been more successful at electoral politics.  So don’t try to use your time out of Congress to your advantage, Mr. Romney.  Own up to your liberalism.

The most egregious claim from Romney was his false declaration that he opposed raising the debt ceiling without a cut, cap, and balance provision.  Romney asserted, “I said yes we should increase the debt ceiling in this last vote, but only if we have a cut, cap and balance provision put in place. Only in that case. And, therefore, I did not agree with the deal that was done in Washington. That was the wrong way to go.”

This is simply not true.

Read More →


New Debt Limit Brings New Opportunity for Cut, Cap, Balance


When Republicans agreed to raise the debt ceiling last year, not only did they credit Obama’s credit card by $2.1 trillion, they also gave him a lifeline until after the election.  At the time, it was projected that $2.1 trillion in new debt allowance was sufficient to last until January 2013, sparing Obama the embarrassment of raising the debt ceiling right before the election.  Well, it appears that we’ve blown through the new debt so quickly that we might bump up against the $16.394 trillion debt ceiling before November 2012.

Last week, Senator Rob Portman released an analysis showing that we will reach the debt ceiling before the end of the fiscal year:

According to Table 6-2 in the President’s Budget’s “Analytical Perspectives” volume, the President estimates the total debt subject to the statutory limit – growing by $132 billion per month – will reach $16.334 trillion at the end of FY 2012 (September 30, 2012). This is just $60 billion below the current debt limit.  Thus, without a change in the debt trajectory, the debt ceiling will be eclipsed by October 15, 2012 unless the Department of Treasury again uses emergency protocols to shift that date past Election Day 2012.

Keep in mind that with passage of the extenders package, we will incur an additional $100 billion in debt by the end of the fiscal year.  At this pace, we will blow through the new debt limit by a rate of almost $5 billion per day.  Geithner is claiming that the deadline will be after the election, but it is still likely to come before Obama leaves office.  Moreover, these projections are predicated on higher levels of revenue, not lower levels of spending.  If economic growth stalls again, particularly due to higher oil prices, the revenues will tail off, bringing us closer to the debt limit at an even earlier date.

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New Debt Limit Brings New Opportunity for Cut, Cap, Balance


When Republicans agreed to raise the debt ceiling last year, not only did they credit Obama’s credit card by $2.1 trillion, they also gave him a lifeline until after the election.  At the time, it was projected that $2.1 trillion in new debt allowance was sufficient to last until January 2013, sparing Obama the embarrassment of raising the debt ceiling right before the election.  Well, it appears that we’ve blown through the new debt so quickly that we might bump up against the $16.394 trillion debt ceiling before November 2012.

Last week, Senator Rob Portman released an analysis showing that we will reach the debt ceiling before the end of the fiscal year:

According to Table 6-2 in the President’s Budget’s “Analytical Perspectives” volume, the President estimates the total debt subject to the statutory limit – growing by $132 billion per month – will reach $16.334 trillion at the end of FY 2012 (September 30, 2012). This is just $60 billion below the current debt limit.  Thus, without a change in the debt trajectory, the debt ceiling will be eclipsed by October 15, 2012 unless the Department of Treasury again uses emergency protocols to shift that date past Election Day 2012.

Keep in mind that with passage of the extenders package, we will incur an additional $100 billion in debt by the end of the fiscal year.  At this pace, we will blow through the new debt limit by a rate of almost $5 billion per day.  Geithner is claiming that the deadline will be after the election, but it is still likely to come before Obama leaves office.  Moreover, these projections are predicated on higher levels of revenue, not lower levels of spending.  If economic growth stalls again, particularly due to higher oil prices, the revenues will tail off, bringing us closer to the debt limit at an even earlier date.

Read More →


Obama’s Presidential Ads With ATwist


Only Obama and team have enough guts to blitz Presidential ads that are power loaded with lemons. It’s not a matter of a slight falsehood here and there; it’s their mode of operation. Obama’s team along with all of the Liberal News Media tell never ending lies about any and all of Obama’s failed policies; they’re border line pathological liars and they do or say anything to protect their weak leader.

Check his first ad out here – http://www.cbsnews.com/8301-503544_162-57361766-503544/obamas-first-2012-ad-focuses-on-energy/

Number one lie – Obama didn’t create 2.7 million clean energy jobs. Number two lie – Brookings Institute’s study didn’t say Obama created 2.7 million clean energy jobs. Number three he says he’s reduced our oil independence. Talk about stupid – 14 million out of work, millions have lost their homes, food stamps recipients are at an unprecedented high. We the people are using less fuel because the cost of fuel is exorbitant and inflation gouges us every time we make a purchase due to the debt ceiling increases.

Speaking of the debt ceiling, it seems to me Obama was the one who criticized Bush on raising the debt ceiling, here is Obama’s exact words “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills,” Obama said before a March 16, 2006, vote on raising the debt limit. That my friends is a perfect example of a flip flopper and he will raise our debt ceiling another 1.2 trillion!

FYI Obama – Our Government can’t pay their bills because you increased our National Deficit by 5 trillion and refused to balance the budget. Good rule of thumb – don’t spend more than you take in!

Ask Obama why the new ad says he created 2.7 million clean energy jobs while reducing the nation’s dependence on foreign oil? Ask him why he twisted the report from the Brookings Institute in the new ad saying they verified this figure of 2.7. Brookings Institute’s study was the number of clean jobs in our Country, not new jobs – clean jobs refer to waste management and treatment, mass public transit and things like conservation.

So he didn’t create 2.7 million clean energy jobs. In fact, his green company misadventure lost jobs and billions of our hard earned money. According to Brookings Institute there are around 300,000 renewable energy jobs and that doesn’t mean they’re jobs created by Obama. It’s just a total number of people working in the clean energy field.

Obama doesn’t have a monopoly on this addiction (pathological lying) – many of the DEMS like Debbie Wasserman Schultz, Pelosi, Reid and the Liberal news media have been infected with this illness.

Example of pathological liars: When asked about the economy – they’ve been telling us for two years that we’re coming out of the recession. When asked about our stimulus money they’ll say we didn’t give them enough – they needed more. Mention jobs to them and they’ll jump on their soap box and tell us how many jobs Obama created. Ask them about unemployment and they’ll blame it on Bush, God, the ATM’s and the dumb Republicans.

Ask Obama about his work history and where he’s been hiding out – he doesn’t just lie about it he runs and hides. No one knows about his work history and it’s quite evident now that he certainly didn’t have the background or experience to be our Commander in Chief. So is anyone going to vet him for his 2012 Presidential Run?

Ask Obama why he stopped the Keystone Pipeline – he’ll say he needs more time to study it. Hey the Obama Administration has been studying it for three years. The real reason is politics, but Obama will never show and tell. Obama is brown nosing with the Environmentalists!

So Liberals and Democrats including all of you big bundlers out there – your millions in campaign contributions are being used to create “Mickey Mouse” ads that even Mickey wouldn’t believe. What a waste of time and money, but then it’s probably hard to create ads with substance when all you have to work with is a man who has the worst record of any Commander in Chief in our lifetime.

Americans residing in Ohio, Wisconsin, Michigan, North Carolina, Virginia and Iowa better prepare to be inundated with Obama ads that make Pinocchio look like a saint. We’ve always fought for freedom of speech and yes, Obama can spend the remainder of 2012 lying to America and that’s sad.

He holds the most prestigious honorable position in our Country and he’s making a mockery out of it. The President of our United States should be a mentor, a shining example to our youth not a devious sneak who is giving them a bad message saying, “its O.K. to lie, its O.K. to take taxpayers’ money and misuse it, its O.K. to harm the greatest Nation in the World for one’s one selfish interests.

Mr. President – IT’S NOT O.K.

May God Bless America
As Always,
Little Tboca


Speaker John Boehner and Minority Leader Mitch McConnell have to go. It’s time for a No Confidence induced change in leadership.


It is time to replace the GOP leadership in both Houses of Congress as both Speaker John Boehner and Minority Leader Mitch McConnell have proven once again that they are unable to deal with Obama and lead the Party. Again and again, even when in positions of strength, they get sucked into failed negotiations and compromises with the Democrats and deals they sell as wins for our side are handed back to us with a smirk and a laugh by the President as he violates our Constitution and his own promises and sticks a knife in the backs of the American people and gives it a hearty twist to boot. The President is going to add another $1.2 trillion dollars of debt on the backs of the People and has killed the desperately needed jobs and energy cost relief that the Keystone XL pipeline would have provided the American people. He’s actually doing a better job helping the economy of China than he is here at home where millions of our own citizens are suffering. Wake up America before it’s too late.


The Budget Out-of-Control Act in Numbers


Earlier today, the House voted to disapprove of Obama’s request for an additional $1.2 trillion increase in the debt ceiling.  Needless to say, they failed to garner the requisite two-thirds majority to preclude Obama from issuing more debt.  The total federal debt will inexorably rise to at least $16.4 trillion by the end of the year.

But wait.  Didn’t we pass a Budget Control Act to usher in a new era of budget austerity?

On August 1, the total federal debt stood at $14,342,358,440,969.10.  Today, it stands at $15,236,288,061,558.65.  That’s an increase of $894 billion.  What’s the significance of August 1?  That is the day Congress passed the Budget Out-of-Control Act.  It took us from the country’s founding until 1982 to accrue $894 billion in debt, yet we have accomplished that in a half year.

Thus, on average, we have incurred an additional $5.26 billion in debt since passage of the debt deal.  That’s $219 million per hour.

As Senator DeMint noted today, “This isn’t what winning looks like.”

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The Budget Out-of-Control Act in Numbers


Earlier today, the House voted to disapprove of Obama’s request for an additional $1.2 trillion increase in the debt ceiling.  Needless to say, they failed to garner the requisite two-thirds majority to preclude Obama from issuing more debt.  The total federal debt will inexorably rise to at least $16.4 trillion by the end of the year.

But wait.  Didn’t we pass a Budget Control Act to usher in a new era of budget austerity?

On August 1, the total federal debt stood at $14,342,358,440,969.10.  Today, it stands at $15,236,288,061,558.65.  That’s an increase of $894 billion.  What’s the significance of August 1?  That is the day Congress passed the Budget Out-of-Control Act.  It took us from the country’s founding until 1982 to accrue $894 billion in debt, yet we have accomplished that in a half year.

Thus, on average, we have incurred an additional $5.26 billion in debt since passage of the debt deal.  That’s $219 million per hour.

As Senator DeMint noted today, “This isn’t what winning looks like.”

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It is Time for Another Debt Ceiling Debate. Hopefully.


The damage was done last year when Congress voted to spend even more money that we didn’t have.  The result is that the US debt is now greater than the US Gross Domestic Product.

A Little History

 In August of 2011 Congress authorized a debt ceiling increase of between $2.1 and $2.4 trillion.  The increase was to happen in up to three steps, and as the ink was drying on the President’s signature the administration raised the total debt limit from $14.3 trillion to $15.2 trillion (an increase of around $900 billion) to match ‘cuts’ that were in the bill.  The cuts were mostly meaningless, and were spread out over 10 years (while the debt increase was instant) but it gave cover to those who wanted to vote for it.  The story was that any increase in debt would be matched with offsetting spending cuts

A Super-Committee was formed to come up with another $1.5 trillion in cuts by December 23.  If they failed this would trigger ‘automatic’ cuts of $1.2 trillion beginning in 2013.  The final spending reduction was to be added to the $900 billion increase from August.  To nobody’s surprise the committee was not successful, which means that the total increase is supposed to be limited to $2.1 trillion.

Where we are Today

The Federal Government announced on December 30th that they had had used up all but $100B of the debt ceiling increase.  That is $800 billion dollars in just 150 days, which means that the government is borrowing $5.34 billion dollars every day, not the $4 billion that is widely reported.

So the President now wants to increase the total US debt from $15.2 trillion to $16.4 trillion, or 112% of GDP.  Congress reserves the right to disapprove of this increase, but the President can veto such an action.  The “Resolution of Disapproval” is not as forceful as an actual law and would be something as simple as stating that Congress disapproves of the President’s exercise of authority to increase the debt limit.  Difficult to say since they voted for it in the first place.

The Republicans, especially in the House where they are all up for election, will probably decide to make a big show and vote against the increase, forcing Obama to nullify the vote with a veto.  This is the best political strategy because it gives them cover in November (or in a primary) and allows them to make Obama out to be the bad guy.  And since they won’t have the votes to override the veto everyone will get the extra money anyway.

You would think that Representatives who voted for the increase in 2011 will have a difficult time voting against it this time.  The excuse they might try is that they were made promises that were not kept, which isn’t true.  They were promised a vote on a balanced budget amendment and that a Super Committee would be put together to find cuts to offset the debt limit increases.  Both of these happened.  A balanced budget amendment was brought to the floor in November of 2011.  It was a bad amendment (see why HERE) but with the exception of a few true conservatives many in Congress voted for it anyway.  The Super Committee did not choose their own cuts but, in theory, the offsetting cuts will be made for them.

(Aside – The definition of Irony – Get a promise to vote on a balanced budget amendment by voting for a bill that puts the budget more out of balance.)

The only other excuse I see for those who were in favor of it in 2011 but now want to come out against it is that they didn’t really know what was going on the first time.  But the “I voted for it before I vote against it” doesn’t play well to conservatives, and no congressman wants to admit that they might have made a mistake.

There is one other option.  They could do nothing and just hope it passes by without notice.  But they should know by now that we are watching.


Obama Wants Another Handout!


2012 is right around the corner and that means every time we turn the TV on or check our email, we will be slammed with one X-rated Obama ad after another. Will we fall victim to his class warfare or will we choose a person who will restore our Country? We need a man who will create jobs, balance our budget, attend to Iranian crisis, secure our borders and restore our economy.

It’s our choice, we can complacently sit on our haunches and do nothing or we can fight for our rights and freedoms. In 2008, many fell in love with a polished orator who brought nothing to our table but idle promises of “hope and change.” Well we know where the hope went and now we know what change feels like. Now he wants another 1.2 trillion dollars – we need to take our charge card back ASAP.

In three years our National Debt has increased 4 trillion dollars, 787 billion dollars squandered, lost our Triple A credit rating, debt ceiling raised, illegal alien deportation stopped, almost 20% of our population on food stamps and our daily debt increases about 4 billion per day. We’re now the “laughing stock” of the World – foreign Countries just sneer at us and make fun of our wimpy Government.

Our borders are not secured and illegal aliens and terrorists just keep infiltrating our Nation. In 2009, a scheme to obliterate our 2nd Amendment happened right in front of our eyes; one of the most diabolical evil scandals in our Nation’s history occurred on our turf (the Fast and Furious gunrunner operation.)

During the past three years the EPA has run amuck like a mad professor, slapping more ridiculous regulations on businesses (big and small) and no one has stopped them. Businesses have been isolated from the real world by a small group of fanatics who laugh all the way to the bank while we stand in an unemployment line and beg for food stamps.

Don’t forget the morning we woke up to find out our Military had been sent to Libya and we were in a third war that at the end of the day is carrying a price tag that exceeds 900 million dollars. We just went in hock to open the doors for Obama’s kin the Muslim Brotherhood.

The Government grants that fly out the backdoor of the White House seem to be on overdrive – there are grants to examine testicles, observe a shrimp on a treadmill, to take care of Pelosi’s stupid tit mouse. The point is this – billions of taxpayer’s money is being misused and we don’t even know who is getting the money, how much they get or the purpose of the grant.

Then there is the “Green Monster,” that is still costing taxpayers millions and millions, green companies are dying off like flies and our money has been gobbled up and is long gone.

The little things are worth mentioning, because accumulatively they equate into billions of dollars of our hard earned money. Starting with the many Obama Czars who come from the wrong side of the track; they aren’t worth their salt and their salaries are exorbitant.

Check out Lady Obama’s hand maidens who according to Politifact total at least 25, but the point is we’re in a recession and maybe the first lady should roll up her sleeves, put on some grubby old levis and find out how the real world lives.

Our Air Force One has been packing and toting the socialite who’s been out campaigning for over a year – our tab for this bit of fun looks like a mini National war debt. The millions spent in Hawaii for a little R&R and for flying Pluto back and forth definitely shows you no one is looking out for Americans.

Wouldn’t it be wonderful to give our children and grandchildren a legacy they can wrap their arms around with pride. At the rate we’re going, our kids and grandchildren will be working until they’re 80 or 90 years old without a pot to pee in – they deserve the best let’s take back our Country in 2012 and put a man in office who knows how to balance the budget, deal with Iran, secure our borders, stop EPA in its tracks, restore our economy and downsize the Government.

May God Bless America
As Always,
Little Tboca