USA Debt Ceiling Crisis; More Media Lies

Updated 8/8/11



As usual the Main Stream Media (NBC, MSNBC, CNN, ABC, NY Times, etc.) along with Obama, Sen. Harry Reid, and many RINO Republicans are simply LYING about the so called Debt Ceiling Crisis.
See also Gregg Walden; RINO Republican

This is not complicated economics and does not take much to figure out, yet sadly many otherwise good intentioned Americans have taken the bait.

(1) First, look at this way;
If you as a private citizen lives beyond your means, but keep asking for Credit line increases from the bank and one day they finally (& rightfully) say no; does life come to a grinding halt? Most certainly not, you simply will be forced to live within your means.

This debt ceiling in the most simple terms is just this.

(2) Tax Revenue will continue to pour into US Treasury coiffeurs from many sources, such as Gasoline Taxes, Tariffs, Quarterly estimated taxes, etc. etc. etc.

Regardless of whether the debt ceiling is raised or not, plenty of revenue will continue to come in. The difference will be we will have to live within our means and stop borrowing so much to fund Obamas legacy.

(3) We will NOT default on loan payments, as the incoming revenue will be vastly more than enough to pay this and entitlements such as Social Security.
Yes Mom, Dad, Grandma, Grandpa; Your Social Security checks or Disability will continue to come unless Obama chooses to make some kind of evil point by witholding payments.
In other words the Media and Democrats are simply lying, this is simple economics.

(4) Interest Rates will not rise; While I cannot categorically say they will not rise, this is highly unlikely, especially when one considers that there is a finite amount of money and when demands for loans increases, often so do interest rate.
So when the United States stop competing for this finite supply of money/funds, it goes to figure it is more than likely to go down (again simple economics).

Just as importantly, the so called cuts proposed by Harry Reid are not nearly enough according to Moody's, Standard & Poor's (which ranks bonds, AAA, AA, and so on). So raising the debt ceiling and Not making enough cuts are more likely to raise interest rates.

Again this is simply another Media and Democrat Lie.

Update 8/2/11:
The Stock Market dropping after the passage of a poor so-called compromise bill adds to this point (which was mostly the Republicans once again giving into our presidents socialist agenda)

(5) The Republicans will not compromise; Obama has not put forth a single plan, and Harry Reid in the US Senate has only put forth one plan and then only just a few days ago.
It is the Republican controlled House of Representatives that has put forth multiple plans only to be shot down by the President and Senate and labeled as "not willing to compromise".

Sorry, again this is not rocket science who is not compromising.

(6) The Republicans do not want to take away your disability or Social Security check.
However I will admit the system is broken and out of date and something must be done

Using a business as an example; Blockbuster Video did not adapt with the times, keeping an outdated business plan that did not grow/expand with changes in how persons view videos, etc. and thus went bankrupt.

Similar the Social Security Program was started in the 1930s and has not changed all that much since then.
Bluntly as someone in my 50s closing in on the retirement age of 65, i would be willing to push it back to 67, 68, 69 or any age to make more solvent (obviously more needs to be done than just this)

(7)Baseline Budgeting is a FRAUD! The Democrats (& RINO Republicans) love to use Baseline Budgeting to call what is not really a cut, a cut. This is then used to make them look like budget cutters when it can be good for their image or call a non cut a cut when it can be used against a Republican to make them look bad (such as taking money from Granny).

Simply put, here is an explanation I heard that explains Baseline Budgeting well:
If you budget $50,000 for new car, then go shopping and find a $70,000 car on sale for $60,000 and then you decide to purchase this car. You tell yourself you saved $10,000, when in reality you spent $10,000 more. THIS IS BASELINE BUDGETING!

Update 8/8/11 The Media can not help themselves with their lies!! As I predicted the need to cap the debt ceiling was/is essential and since this was not done the USA had its bond rating lowered and and the stock market also reacted. Yet Kool Aid drinking fools such as George Stephanopoulos cannot believe themselves so they continue with their lies and now imply that the Tea Party was/is at fault. Sorry George and others who believe this lie, the Tea Party demanded a cap as Standard and Poors did. The liberal lies continue as they destroy our country all while the worst president in the history of the USA is at the helm and the blame lies at his feet along with his liberal allies.

SUMMARY:
As a business owner that has struggled much many for reasons that are certainly not the governments fault, but with taxes (many hidden in cost of inventory, gasoline taxes, gross revenue taxes and more), I have seen my taxes increase considerable for the 2010 and estimated 2011 tax seasons and this simply has got to stop.
I have to live within my means and the disgusting government run by scum like Obama have NO right to take even more money just because they CANNOT live within their means.
My business reference: http://www.americanaquariumproducts.com/

Update 8/2/11
Please see this excellent video of a speech by Sen. Marco Rubio of Florida that of coarse received little coverage by our dishonest media:

Dishonesty of the Media; Truth, Lies, & Distortions

Updated 9/17/13

I think one of my biggest pet peeves is lack of honesty and person that are in authority to expose the truth that instead either hide or cover up the truth or distort the truth by taking what others say out of context. Even with subjects that are still open to debate, hiding facts that might sway another to see more merits of another side (even if not yet a proven a fact) is also disgusting.

This also includes judges, police officials, & major media outlets (that are supposed to be the guardians of free speech and the open discussion of facts and news) are no longer trustworthy.
This is not a right or left issue, as I know many persons that call themselves Republicans that are just as guilty of this.
In my opinion a “true” conservative would not talk down & would champion any cause that is in their power to correct. Hopefully the Republican Party has gotten this message, however RINO false conservative Republicans such as Greg Walden of Oregon are still in office and still supported by the Republican Party (which is why I never donate to the Republican Party, rather to individual campaigns).
See: Greg Walden; Condescending RINO Republican



The problem of honesty has also made it hard to know who to trust, such as with a Pro Israel Website I have supported and promoted where I took many of what they stated as gospel truth since I did not have the time to fact check them, only to get a nasty totally dishonest distortion of what Rush Limbaugh stated on his radio show about Haiti relief.
Even after being told that he should read the transcripts (for proof) the author chose to believe media lies and distortions, this is even more disgusting as we all get thing s wrong, but when corrected, this shows the true humility and integrity of an individual to admit they were wrong. Needless to say I will never trust what this person says again since he cannot apologize even when many persons confront him with the truth..

Even on a personal level, believing rumors or turning one’s back on another can destroy a person for life. I know my family has been devastated more than once by lies where the truth was so easy to discover (such as a call to person who knows us intimately or a therapist for my daughter).
See also: Where is God in Harmful Rumors

I also have a family member that had a major issue come up many years back where a so called Christian man (& Pastor I might) had the power to come to his aid, but chose to look the other way. This has destroyed his life to this very day to which all I can say is this man at Bethany Baptist Church in Southern California should be ashamed with his evil/immoral behavior when he had a chance to make life changing difference in a person’s life.

Here are just few/points as to recent problems/example of this behavior

• The media lies about Rush Limbaugh that is spread out of utter hate for this man.
While I do not always agree with Limbaugh (especially in his optimism as to one’s chance of success in the USA as well as looking the other way in corporate corruption by Banks or Google), this still does not make it right to take out of context anyone’s comments.
In the most recent incident of Haiti Relief one might argue that he could show more empathy, this still does not make it right to state that he told person to not give to Haiti Relief when he did not and simply listening to his show (which I was that day) or reading transcripts is so easy to know the truth.
He simply stated that we already give to Haiti through income taxes (which we do and most of this money rarely reaches those in the most need), as well he commented that there were better organizations than the whitehouse.gov site such as the many charitable organizations already there and that are more efficient (an example is Samaritans Purse whom I support).

While on the subject of Haiti relief, I find it sad on how the media jumps all over right-wing loons such as Pat Robertson but ignore Danny Glover who believes that the Haitian earthquake was caused by climate change and global warming.
Here is a quote: “When we see what we did at the climate summit in Copenhagen, this is the response, this is what happens, you know what I'm sayin?”

• This brings me to how the media totally hid and refused to report one of the biggest scams in modern history, se this article I wrote;
“The Global Warming Hoax/Farce”.

I never heard a word other than a few lame comments attempting to discredit the whistle blowers. Even if you might still agree with this, hiding facts makes one look even guiltier of dishonesty.
Persons in a free country have a right to the facts and both sides of an argument.

• The way the many liberals in power will do and say anything to get what they want, even when the will of the majority of the people is against it.
An example is Martha Coakley's non-reaction to an assault on a Weekly Standard Reporter assault by one of her Goons, even though she knew that the reporter only was trying to ask a question.
Here is a photo showing Coakley looking at the reporter on the ground with the assailant standing there witnessing this, yet she denied seeing the attack happen.

Sadly this lady is the Attorney General of the Commonwealth of Massachusetts, in other words the number one law enforcement in this state.
As well I never heard any of this reported on Good Morning America, the Today show or other similar so-called news media.

Pushing a Health Care package using thug methods seems to be par for the coarse with or disgusting excuse for a President (Obama), Pelosi, Reid and others that care little for the surfs that they govern with contempt, and of coarse getting Martha Coakley elected is essential to this.
As well allowing backroom deals to allow unions to keep their premium insurance policies while placing a tax on others with similar Cadillac policies for private citizens.
The bribing for votes of senators such as the senator of Nebraska (Ben Nelson) is equally disgusting.

• I should also note that many Republicans are guilty of looking the other way to, such as the before mentioned RINO Republican Greg Walden or the many Republicans that carte blanche support many in corporate America such as Google, Bank of America and many more.
See: Google Dishonesty, Plagiarism, with Adsense, Adwords, & More

As to Banks, while the media and left wing of this country like to push the half truth that the collapse of the mortgage industry and banking industry in general was due to corporate greed, this missed the fact that Barney Frank and other in charge of banking in our Federal government forced bad loans upon these banks.
However this does not change the fact that many banks (not all though) such as Bank of America treat their employees like dog meat and will cheat consumers and businesses at every chance they can get; and with this problem many Republican Politians and right wing pundits will look the other way.

An example is the common practice of Credit Card fraud committed upon small businesses such as myself where so called “buyers” will make phony purchases online then report the sale as fraud (often keeping the merchandise) and the Banks (such as B of A) will even charge the innocent retailer $20 for a reversal fee.

Recently I had a transaction come through that failed fraud tests. We attempted to contact the buyer in multiple times (documented too), yet the so-called buyer filed a fraud complaint after we already refunded the money back to his bank due to his lack of response, we were then charged $20 for this by his fraudulent bank.

I am told by our credit card processor that this is a common problem but the “banks can do what they want” and no government agency (Republican or Democrat) will correct this gravy train for banks.

Back to Google, pages can be written about the fraud committed by this company such allowing Adsense on plagiarized websites, making "search" updates that favor only large companies and website "scrapers".
The result is often spammy, irrelevant, out of date, or downright incorrect websites coming up in search well ahead of good, relevant and researched content.
Despite this, the Media Goons swoon over everything Google states or does and repeat like parrots.

In my field of expertise, Searches such as "Aquarium Lighting Information", "UV Bulbs", & "Aquarium Planaria" are just a few proofs of this.
See also Google Panda Update Fail

Here are search results better, more honest search engines such as DuckDuckGo bring up that are BASED ON CONTENT, unlike Google:
*For the search query, "Aquarium Lighting Information": Aquarium Light Facts & Information
*For the search query, "UV Bulbs": TRUE Hot Cathode UVC Replacement Bulb, Lamps
*And for Google;s biggest FAIL as Google brings up patently false information, the better website for "Aquarium Planaria" is: What are Planaria, Detritus Worms in Aquarium

And for a BETTER search more like what Google was like before 2005, consider:
DuckDuckGo

In Summary, while I believe this problem is only getting worse, especially with the election of the most corrupt President and Congress in our Nations history, this will not go away as long as the average person is shielded from the truth by and even more dishonest media, as well as long as many Republicans cannot learn from the past and also look the other way when they have the opportunity to correct a problem (such as Gordon Anderson and Greg Walden of Oregon).
As well, as long as many Republicans fail to understand what a “True Conservative” is or that there is a difference between being conservative and a capitalist, we as Nation or God fearing people are doomed to repeat these problems.
See: What is a True Conservative; Conservatism versus Capitalism