Rush Limbaugh explains U.S. baseline budgeting: Baseline budgeting is a method of developing a budget which uses existing spending levels as the basis for establishing future funding requirements. The baseline is normally enhanced by adding adjustment factors based on issues such as inflation, new programs, and anticipated changes to existing programs.
| Now, those of you who have been regular listeners to this program since the mid-nineties, you probably remember what my explanation of baseline budgeting was, or is. Here is the dirty little secret: Because Obama got his Porkulus, and because we did TARP, the "baseline" on which all these so-called cuts are measured has gone way up. So essentially the baseline that is being used here is a baseline that is established after $9 trillion of new spending. We're gonna cut $1.2 trillion from $9 trillion in new spending. We're still left with a new spending of seven-point-some-odd trillion. [In other words, when Democrats say that we are cutting their budget, what is really happening is that we are reducing the amount of the normal 8% automatic increase. Their expenditures of this current year will not be cut. If we hold spending to last years' bloated baseline, that would not be a cut. If we began a simple 1% cut in spending for the next 8 yrs. (one cent of every dollar spent) - the deficit would be eliminated in those 8 years. These cuts being touted are just not cuts at all.] http://www.rushlimbaugh.com/home/daily/site_072611/content/01125114.guest.html |
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The Weekly Standard reports on the outrageous scare tactics of Nancy Pelosi
on today's vote: "What we're trying to do is save the world from the Republican budget. We're trying to save life on this planet as we know it today."
[She added that Medicare would just disappear, but offered no explanation as to how or to why or to the veracity of her words.] http://www.weeklystandard.com/blogs/pelosis-reactionary-liberalism_577709.html
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Yahoo reveals: NASA satellite data from the years 2000 through 2011 show the Earth's atmosphere is allowing far more heat to be released into space than alarmist
computer models have predicted, reports a new study in the peer-reviewed science journal
Remote Sensing.
The study indicates far less future global warming will occur than United Nations computer models have predicted, and supports prior studies indicating increases in
atmospheric carbon dioxide trap far less heat than alarmists have claimed.
"There is a huge discrepancy between the data and the forecasts that is especially big over the oceans."
In addition to finding that far less heat is being trapped than alarmist computer models have predicted, the NASA satellite data show the atmosphere begins shedding heat into space long before United Nations computer models predicted.
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Yahoo also reports: A
federal wildlife biologist whose observation in 2004 of presumably drowned
polar bears in the Arctic helped to galvanize the global warming movement
has been placed on administrative leave for scientific misconduct, possibly over the veracity of that article. and is being investigated for
http://news.yahoo.com/apnewsbreak-arctic-scientist-under-investigation-082217993.html
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USA Today reports: Rep. David Wu could be eligible for pension and benefits worth more than $1 million in his lifetime, according to an analysis by the National Taxpayers Union.
Wu, D-Ore., first elected in 1998, announced Tuesday he will leave Congress. His departure follows a report in
The Oregonian last week that an 18-year-old woman complained to his office about an "unwanted sexual encounter."
http://content.usatoday.com/communities/onpolitics/post/2011/07/david-wu-pension-resignation-sex-scandal-/1
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The UK Independent reveals: Hip replacements, cataract surgery and tonsil removal are among operations now being rationed in a bid to save the NHS money.
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Michigan Messenger reports: A Lansing medical marijuana dispensary is offering medical marijuana patients a choice of a half a gram of medical pot or a marijuana-laced baked good called a “medible” in exchange for registering to vote.
On the dispensary’s website, owner Skekina Pena
writes:
Protect Your Access! Vote 2011:
All dispensaries are doing a voter registration drive. If you sign up at Your Healthy Choice, we will assist you in filling out the registration form and will mail it out for you. We believe in power in numbers and everyone taking a stand. So in appreciation, we will reward legal patients with a .5 gram free or a free medible! I’m planning an event for the preliminary voting that will have shuttles to the polls! We have to amend our Lansing ordinance! May God bless our efforts! http://michiganmessenger.com/51233/lansing-medical-marijuana-clinic-offering-free-pot-to-register-to-vote
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Bill Huizenga writes: To put this in perspective, when Republicans were in the majority in the House from 1995 through 2006, the average annual deficit was $96 billion. When Democrats controlled the House from 2007 through 2010, average monthly deficits were $75 billion. Since President Obama took office the average monthly deficit has been $111 billion. Bill Huizenga for Congress -
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Townhall Finance reports: United States District Judge Claude Hilton, acting in the eastern district of Virginia, has ruled that the French-based food service and facilities management company Sodexo can proceed with an extortion claim against the Service Employees International Union (SEIU).
The SEIU, which has strong ties to the Obama administration, has been accused of using ties to the federal government to harass companies such as Sodexo. The alleged methods include using regulatory or government action to pressure or embarrass the company or its employees.
Sodexo, which operates as a contractor in government facilities, military bases, schools and hospitals, says that the SEIU tried to “extort [the company] by threatening financial damage unless [it] cave[d] into its demands. The SEIU's campaign was designed to illegally threaten [the] company.”
Sedexo vowed to continue to “challenge the SEIU's illegal behavior until it ends,” says a statement released by the company.
http://finance.townhall.com/columnists/johnransom/2011/07/28/racketeering_charges_against_seiu;_what_does_obama_know/page/full/
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The Washington Times writes: U.S. intelligence agencies concluded in a classified report late last year that
Russia’s military intelligence was responsible for a bomb blast that occurred at an exterior wall of the
U.S. Embassy in Tbilisi,
Georgia, in September.
http://www.washingtontimes.com/news/2011/jul/26/us-report-russia-tied-to-embassy-blast/
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National Review opines: Let’s start with the House Democrats, who are content to make a political statement and sit on their hands. That means that the Boehner plan must pass with only Republican votes and Democrats don’t care if
financial markets melt down tomorrow morning (they will).
Add to this list the White House. Are they whipping Democrats to vote for the Boehner plan, move a legislative
vehicle to the House, soothe financial markets, and work to a better (in their eyes) legislative outcome in the Senate? No; that’s called governing. Instead, they are pushing a Reid proposal that will never get 60 votes in the Senate.
Now, about the Senate. Can Harry Reid actually move a piece of legislation, whether it comes from the
House Republicans or one of his own? No. The Senate Democrats’ contribution to the week’s efforts has been a letter saying “no way” to a plan that has yet to emerge from the House. Meanwhile, America slides toward meltdown.
And finally, let’s discuss the House Republicans who are standing on the brink of sending to the Senate — who
will pass it — and the president — who
will sign it — a piece of legislation that is consistent with their principles, if not perfect.
http://www.nationalreview.com/corner/273052/snatching-defeat-jaws-victory-douglas-holtz-eakin
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| by Michael E. Hammond, former General Counsel Senate Steering Committee 1978-89.. Five (Fairly) Short Points (1) House Republicans are walking into an enormous trap. The Boehner plan is sufficiently similar to the Reid plan, in virtually all important respects, that its passage will lead to the following compromise: - The adoption of Boehner’s ten years of sham cuts,which will be ephemeral beyond fiscal year 2012. Even John McCain said tonight that Gramm-Rudman (whose “sequestration” provisions are the enforcement mechanism for Boehner) became worthless because Congress just started declaring emergencies.
- A commission which will report out large tax increases which cannot be filibustered. The “deciders” on the commission will be six Pelosi/Reid people and one squish Republican, who will be corralled into submission by:
- A “trigger” which will make the pressure currently being applied to Congress seem small by comparison.
(2) Unless you can guarantee that it will go to the states, a guarantee of a losing vote on the balanced budget amendment is worthless. (3) Dick Morris is correct that if Tuesday comes and goes, with only a shut-down of unessential government agencies, the American people will see Obama’s fear-mongering for what it is. (4) Furthermore, as 2008 taught us, the GOP can sell all of its principles and spend the better part of a trillion dollars and the stock market will still continue to fall –- particularly since Standard & Poor’s is about to downgrade the U.S. for being too timid in debt reduction. (5) Finally, Obama is currently reeling from his poor stewardship. For Republicans to capitulate and give him a “compromise” will reset him on a glide path to reelection. The liberal media is currently “spinning” that Republicans have won, but, after they lose, their surrender will be reported for what it was. http://www.redstate.com/mikehammond/2011/07/28/five-fairly-short-points/------------------------------------------------------------------------------------------------------------------------------------------------------------------- The Blaze reports: Former “green jobs czar” Van Jones is back at it againDuring Thursday’s Rebuild the Dream rally outside the U.S. Capitol, Jones said Americans “refuse to bow down” to what amounts to hostage-taking tactics. Jones reportedly told MRCTV:
“Any faction in America that would put a gun to the head of 310 million people and say ‘If you don’t do it our way, we will blow your dreams away, we will blow a hole in the American economy’, that is un-American. That is not how we do business, and we refuse to bow down to those tactics.” The Rebuild the Dream movement is of course co-sponsored by MoveOn.org in partnership with the Daily Kos, Planned Parenthood, Code Pink, Green for All, and ProgressiveCongress.org, among others. http://www.theblaze.com/stories/van-jones-gop-faction-puts-gun-to-the-head-of-310-million-people/ |
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