Does the S.E.C. consdier Social Security a “Ponzi Scheme”??……President Obama and Mitt Romney don’t want you to know.

The President’s self-proclaimed ‘responsible’ budget will double the national debt from $13.56 trillion to $26.3 trillion by the end of 2021. Keep in mind that neither contractors nor the government ever comes in under budget.

President Obama claims that his budget reduces spending. Someone needs to tell him that two plus two does not equal three. It’s true that Obama’s budget reduces discretionary spending. It does this byredefining Pell grants (government- sponsored college scholarships for poor kids) and surface transportation spending as mandatory spending. The budget also reduces spending in Iraq and Afghanistan by $38.2 billion in 2012.

Obama’s 2012 budget increases spending, and it increases taxes on job creators. Probably not the best idea in an economic climate where Americans believe that unemployment is the number one issue to be tackled. Remember, a boss has to pay his taxes from somewhere. She might have to let an employee or two go to foot the bill.

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The boots were mentioned to remind readers of how out of touch with reality the First Lady is. The average American mama doesn’t have a single pair of shoes in her closet that cost that much, let alone gardening boots. When I’m inclined to work outdoors, I put on a pair of three-year-old sneakers that are practically falling apart.

Referring to the self-appointed mom-in-chief’s aloofness when it comes to relating to us regular moms was useful to drive home the point that she is not qualified to make our parenting decisions for us. Only the best for the Obamas, whether it’s boots, school, vacation, vacation, vacation, or vacation. The rest of us can eat cake. Or carrot sticks.

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Lady Michelle promoted legislation to overhaul school lunches, which her husband signed into law at the risk of sleeping on the couch. She’s constantly on my TV when my kids are watching their shows, encouraging young viewers to get active. She even slips into her$495 Tory Burch boots to do some organic gardening at the White House.

Most recently, Mrs. Obama has been talking with the National Restaurant Association about providing smaller portions andhealthier options on the kids’ menu. She must know better than restaurateurs how to run their businesses.

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......the Internal Revenue Service (IRS) was simply following an aggressive Obama Administration plan to reward consumers that purchase the costly “advanced-technology” vehicles. The president is on a mission to get 1 million of the environmentally friendly cars on the road by 2015.
As a result of that push the IRS failed to appropriately scrutinize claims, even when they clearly didn’t meet the criteria. In the first six months of 2010 alone, 20% of such federal tax credits were “erroneous,” costing U.S. taxpayers more than $33 million. Details of this latest IRS gaffe are laid out in a report released this week by the Treasury Inspector General for Tax Administration.
It reveals that the IRS granted the lucrative tax credit—worth up to $7,500—to gas-guzzling sports utility vehicles and even a bicycle. Among those who cheated Uncle Sam are jail inmates and even IRS employees. Some people got multiple tax cuts for the same vehicle and 29 prisoners received nearly $50,000 in alternative vehicle credits even though they were behind bars.

In other words, talk is cheap.

I’ve been reminded of this so often over the past couple of years while watching the Obama administration. Barack Obama claimed to be forbetter education, and then he ended the DC voucher program. He said he wouldn’t hire lobbyists, and then he hired lobbyists. He said he wanted make sure every American had health insurance, then he gavewaivers to businesses so they wouldn’t have to provide health insurance for their employees. Anyone else notice a trend?

The latest round of hypocrisy has to do with energy. In 2008, then-Senator Obama vowed to implement a cap and trade law that would limit carbon emissions and ‘necessarily skyrocket’ energy costs. Unable to pass cap & tax through congress, President Obama has decided to do whatever he wants anyway by expanding EPA regulation. Since I’m remembering phrases from my childhood, ‘more than one way to skin a cat’ comes to mind.

For the first time, the Environmental Protection Agency will regulate greenhouse gases from power plants and other major polluters — which will stifle growth, kill jobs, and raise the cost of electricity. But if you’re lucky, a polar bear will come hug you. Polar bear hugs are far superior to being able to turn on your heat in the middle of a snowpocalypse.

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Cartoon by Antonio Branco, "ComicallyIncorrect.com"

 Hat tip College Humor