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Obama's Hypocrisy On Earmarks

 

During his Presidential campaign, President Barack Obama promised to end the era of earmarks in Washington. Sadly for the American taxpayer, his promise has turned out to be nothing more than empty campaign rhetoric.

After Congress passed the $787 billion “stimulus” bill, President Obama stood before a joint session of Congress and proclaimed, “I’m proud that we passed the recovery plan free of earmarks, and I want to pass a budget next year that ensures that each dollar we spend reflects only our most important national priorities.”    Either Obama suffers from short-term memory loss or his understanding of what constitutes an earmark is severely warped.

One of the many spending measures in the “stimulus” bill was $1 billion measure for one specific “zero emissions power plant” in the former Senator’s home state of Illinois. The same power plant was removed from a program last year because after years of government funding it had produced no results. After several years of trying to capture carbon emissions and turn them into liquid to return to the earth, and $1.8 billion, they were unable to show any progress. Instead of spending taxpayer money on a project that might actually stimulate the economy, Congress and the President saw fit to waste approximately 1/18th of the amount spent on all earmarks last year on a proven failure.

Next came the $400+ billion Omnibus spending measure that was pushed through Congress last week. This bill contained more than 8000 separate earmarks from members of both political parties. President Obama tried to deflect the criticism by saying that this bill was actually drawn up before he was inaugurated. The truth is that it was written back in December before Obama became the current resident of the Oval Office, but a deeper look shows that Obama is far from innocent on the earmark case in this bill. The former Senator had submitted his own earmarks that were included in the Omnibus. 

For my readers who are intellectually challenged, the timeline is as follows: Obama campaigns on ending earmarks, he gets elected in November, in December the Omnibus bill is written including his earmarks, he becomes President and signs the “stimulus” bill and the Omnibus spending bill, he then proclaims his pride that they were able to pass the recovery measure without any earmarks. 

After the political fallout started to become clear to the White House, the President claimed that they would be fiscally responsible in the future. He went on to say that they would make it clear who had requested the earmark and where the money would go. With his stellar record of the truth on earmarks, I suppose we are expected to take him at his word. After his drunken spending spree is completed, all we will have left is his word. Maybe I am just cynical, but that doesn’t give me a warm, fuzzy feeling inside.

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President Obama, The $4 Trillion Man

 

Earlier this week, President Obama addressed both chambers of Congress to discuss the economy and his plans for the coming years of his administration. During his speech and throughout his campaign, the President promised to end the era of earmarks and deficit spending. He went as far to promise to go line by line through any spending measure and publicize all earmark spending and which congressman had requested it. Just one month into his administration, we have seen massive pork barrel spending and non-stop “the sky is falling” rhetoric.

The ink from President Obama’s pen had not had time to dry on the $800 billion “stimulus” bill, before House Speaker Nancy Pelosi pushed through another $400 billion spending bill. The newest spending bill from Congress contains more than 8000 earmarks. This is on top of the countless earmarks in the “stimulus” bill. The new administration and Congress have signed on to spend more than $1.2 trillion in the first 30 days since the Inauguration. To put that into perspective, that is more than half of the federal budget for 2004, or almost half of what the federal government received in tax revenue for all of 2008. We are more than $1.2 trillion more in debt and we are not even into March yet. Of course, Obama’s breathless supporters in the media would tell us to wait until his budget comes out to see where he has made the cuts to pay for the massive deficit spending, but his budget calls for a more than $1 trillion increase in spending over this years’ budget.

The President has released his budget proposal and it totals over $4 trillion, with about $1.75 trillion in projected deficit spending. This is the largest increase in federal spending in our history. In 2008 the federal budget was a paltry, by comparison, $2.978 trillion with total revenue received at $2.523 trillion. That budget had about $450 billion in deficit spending, but to jump to $1.75 trillion in deficit spending and then claim that you are going to control spending is laughable.

The $4,000,000,000,000.00 budget includes tax increases for those making more than $250,000. My friends in the class envy camp applaud this notion of taxing the rich, but they fail to see that a majority of small businesses will now see tax increases. Allow me to ask one simple question. How will your life improve if some nameless “rich” person is taxed more? The Bill Gates and George Soros’ of the world will not pay any more in taxes; they will simply shift their money around to avoid the taxes. The small business owners are the ones that will bear the brunt of the tax increase. After this plan fails to raise the revenue that the “experts” in Washington project, they will be forced to either raise taxes on the rest of us, after all it is the patriotic thing to do, or hopefully they will see the error of their ways and cut taxes across the board. This budget is equivalent to $11,833 for every American.

President Obama was elected on a platform of hope and change; the first indicators of his administration definition of that campaign slogan are beginning to become clear. They are desperately hoping that the voting public will not notice that the change is the unprecedented spending and power grab in Washington. I believe that the voting public is very aware of what affects their wallets and they have a very long memory when it comes to their own financial well being.
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