Insulting the Intelligence of the American People - .0028% !!!

IBDeditorials.com: Editorials, Political Cartoons, and Polls from Investor's Business Daily -- Fiscal Nanosurgery:

"When President Obama directed his Cabinet to cut $100 million out of the budget, it looked at first like a misprint. That's barely enough to count as a rounding error.

Indeed, the only hard part about meeting the president's goal will be finding programs small enough to fit under that bar. In making the announcement, Obama talked about earning the public's trust on spending. Apparently, he thinks people put a low value on trust.

Measured against the $3.6 trillion budget Obama issued weeks ago, the cuts amount to 0.0028%."

The President thinks you're stupid enough to take this seriously.

More Shameless DoubletalkFrom the Great Unifier

Obama to Republicans: Enough with 'just say no' - Los Angeles Times:

"Obama to Republicans: Enough with 'just say no'
GOP opposition to taxes and proposed spending in the president's budget plan has spurred Democrats to portray Republicans as the negativity party. Obama tells Republicans to offer constructive ideas.

Reporting from Washington -- In an effort to boost pressure on congressional Republicans, President Barack Obama appealed to them to stop sniping at his budget proposals and offer their own constructive ideas, saying that the current difficult times call for more than negativity."

This is a clever, but breathtakingly dishonest tactic by the president. If he wants to hear the Republicans' constructive ideas, perhaps he should stop his pals in Congress from:

Pushing monumental legislation through Congress so rapidly that it can't even be read
Refusing to consider Republican proposals and amendments
Shoving provisions into laws during the reconciliation process, essentially stifling all debate on the matter

Republicans have offered many constructive proposals (many to be found in this blog) such as:

Lowering taxes on corporations
Lowering taxes on investments
Allowing corporations to repatriate profits earned overseas without paying confiscatory taxes on them
Suspending mark-to-market accounting rules
Expanding, not reducing free trade
Stimulating the economy (now) and improving our defense posture by spending stimulus money to replenish military weapons and materiel stockpiles depleted from the war
Expanding, not reducing charitable giving
Expanding, not reducing, school vouchers
Opening up a national market for health insurance
Extending the tax break for medical insurance to employees
The list goes on and on

There is no dearth of alternative ideas in Washington, just an unwillingness on the part of the "post-partisan President" to hear them.

Fannie/Freddie Meltdown Timeline

(Click on title above for video) I had seen this YouTube video some time ago. It still takes my breath away when I see Barney Frank and Chris Dodd grilling those "irresponsible, greedy" executives of financial institution on the evening news.