MY BUDGET BOX BLOG
Cash Budgeting and What it Means for You in Today's World
MY BUDGET BOX BLOG

THE MERINGUE PRESIDENT

If there is a chance to pontificate or a photo opportunity, you can bet Obama will be there! He loves the limelight. I guess that’s his definition of transparency. It’s not mine!

The media, who is largely responsible for getting him elected, is now stuck with him. If they turn on him or expose him for who he really is, they admit they were wrong. To admit failure at this point is not an option, so they have to plow ahead no matter how absurd and dimwitted it appears.

I have to laugh every time I read another article or blog about his upcoming, highly anticipated speech regarding his economic and job solutions. Does anyone from this planet seriously think he’s going to come up with something new? He’s been spouting the same old rhetoric since his first campaign speech in the 2008 election.

Obama Plans Job Speech

We’ve seen the man behind the curtain and we don’t like what we see.

He and his Washington cronies need a dose of reality. He says he feels our pain and yet he and his family live like royalty. After telling us his top priority is jobs, he jets off to Martha’s Vineyard for a lengthy and expensive vacation. After telling us we need to tighten our belts, he hosts lavish parties at the White House. (If as much work was done in the White House as partying, we might not be in this mess). After telling us his priority is getting Americans back to work, he rides off in a million dollar bus built in Canada. He is the very definition of clueless. Either that or he is just plain evil. I prefer to think he’s clueless.

Other than looking nice on top of a lemon pie, meringue has no real value. All fluff and no substance. Reminds me a lot of Obama.

JACKSON HOLE = BLACK HOLE

I am absolutely dumbfounded by the stock market’s reaction to Ben Bernanke’s comments (actually lack of comments) in Jackson Hole, Wyoming last Friday. Reminded me of a black hole where a whole lot of nothing can be catastrophic.

For weeks the hype was that the markets were up on anticipation of Bernanke unveiling some new information and/or plans for addressing our dismal economic conditions. Some were hoping for QE3, others that he would take a stand against additional printing of funny money.

In fact, neither one materialized. He basically said nothing and postponed saying anything until the next FOMC meeting in the latter part of September.

Bernanke Says Nothing In August 26th Speech

My take on his silence was that he either doesn’t know what to do or he knows that there is nothing he can do to improve the job picture and economy. Both scenarios should have been extremely negative for the financial markets. He was simply too afraid to voice these facts for fear of a catastrophic financial meltdown.

But the markets chose to take his silence as a positive sign. They interpreted his lack of comments or plans as a sign that he thinks the economy is healthy and needs no additional help. Talk about a stretch of the imagination! What are these folks smoking? What planet are they from?

With this kind of blind faith and enthusiasm we are most certainly headed for hard times. Many of these same people will be standing in the street bewildered and bereft when the financial meltdown hits. They will be asking, How could this have happened? Why didn’t anyone see this coming? Why didn’t anyone warn us?

These folks will be looking to the Federal Government to bail them out which is just what this administration wants.

The slippery slopes of Jackson Hole are nothing compared to the one we’re about to find ourselves riding.

 

OBAMA’S CIRCUS IS IN TOWN

Is anyone really naïve enough to believe Obama any longer? We’ve been hearing about his “total” commitment to jobs creation and the economy since his first campaign; a campaign which, by the way, seems to be continuing as I write this blog. 

 

Is he really committed to the American people and the economy or is he more interested in traveling, vacationing, campaigning and spending the taxpayers’ hard earned dollars (none of which he has helped create or earn)?

We are now supposed to be waiting with breathless anticipation his new plan which he will announce with much fanfare sometime after Labor Day.

Obama to Reveal Jobs Plan after Labor Day

Reportedly, we have to wait until then because he’s waiting for Congress to return. Funny he didn’t wait to for Congress before declaring amnesty for millions of illegal aliens. (That’s another topic for another day).

Is he really as arrogant and disconnected as to think we believe this bull? Where was this “fantastic” plan over the last 2 and half years? If he has the answers, why have we been forced to wait until now?

It’s sad to see how low our nation has been laid by this clown. Did he really travel our nation’s midsection on a trio of million dollar buses built in Canada while touting a need for job creation in America?

Obama Tours Country in Buses made in Canada

Did he really call it a fact finding tour when the only fact to be found was that it was a campaign swing? Did he really charge the entire three day fiasco to the American taxpayer? Did he really immediately leave for a 10 day luxury vacation in Martha’s Vineyard after telling us we had to tighten our belts?  Did he really claim that he pulled us out of the recession, avoided a depression and got the economy back on track? Did he really claim that things haven’t improved because of “bad luck”? Oh yes he did!

FYI, the only bad luck we’ve had has been Obama, Geithner, Bernanke and a Democratic Congress.

This is the stuff farces are made of and he’s the star in the center ring.

I said when he first took office that if we left him alone he’d destroy himself and it’s happening before our eyes. I just hope he destroys himself before he destroys this great nation. We can’t afford another 4 years of the circus that is the Obama Administration.

FATHER OBAMA KNOWS BEST

I am amazed we’ve survived this long without the infinite wisdom of Obama.

Last week he (I can’t bring myself to use an upper case “h” even though he believes he deserves it) announced his withdrawal plan for Afghanistan.  I say “his” plan because, despite several options provided by his advisers, he chose a different path. He totally ignored the experience and firsthand knowledge of the fighting leaders on the ground in Afghanistan and came up with his own plan. One totally devoid of any actual military experience on his part as he has never even served in any military capacity. He devised this plan based upon political strategy not military strategy.

Obama's New Afghan Strategy Was Not Military Option

General Reveals that Obama Ignored Military’s Advice on Afghanistan

He ought to be ashamed of himself but, as we’ve seen over the past two and a half years, he knows no shame. I am now convinced that he is just what he appears, a narcissistic egomaniac.

The examples of his self focused obsession are too numerous to list. Just turn on your television any time of the day and you’ll see either a speech or a sound bite full of “I” and “me”. I will give him credit for being a good talker, but that’s all he is, talk. And to make matters worse, none of his talk makes sense in the real world.  None of it ever comes to fruition. He is in love with the sound of his own voice. I am not!

He derides foreign dictators and demands that they step down for democracy’s sake. Yet he is acting as a sovereign of this nation and thinks he is supreme ruler. He ignores the Constitution, Congress, his advisors and common sense. He and Michelle act as though they are king and queen of America.

I believe many Americans are fed up with his antics and buffoonery. We are tired of his lack of leadership and total disregard for reality.

His sole objective is to get reelected so he can go on living his luxurious lifestyle and making speeches at our country’s expense.

If he manages to get reelected, God help this country!

 

 

BAD NEWS EQUALS GOOD NEWS

We are seeing some really weird things in the media these days. The spin is in overdrive and reaching for more.

Yesterday, after a horrible existing home sales report the markets shot up and stayed up all day. In addition to that bit of bad news, the April numbers for home sales were revised downward (a common occurrence with all government figures these days).

May Existing Home Sales

The spin on the market rise was that the numbers weren’t as bad as predicted, so that was good news. Also, the markets were cheering the “hope” for a new Greece deal. We have really sunk to a new low. Can you say market manipulation? I’m not sure who’s investing in these markets these days but it sure isn’t me!

The housing news reaction is like me saying I thought I was overdrawn at the bank for $200 but found out that it was only $190. To celebrate, I take my wife out to an expensive dinner…and write a check for it. That’s how absurd all these shenanigans have become.

Then there’s the Greece fiasco.

Greek Bailout

Picture this scenario. You and I are on the verge of going under financially and are barely making ends meet. Our neighbor across the street comes over and says that he needs us to give him money so he can pay his mortgage or he’s going bankrupt. He further tells us he will, in all probability, still go bankrupt in a few months and won’t be able to repay us but at least it will buy him a little more time. We give him the money knowing full well that this will be the final straw that sends us into a tailspin as well. Welcome to today’s global financial plan.

To prove how dumb and inexperienced he really is, Timothy Geithner is urging the implementation of the above mentioned scenario (i.e., the Greece bailout).  He still thinks this administration’s plans are working and a recovery is under way.

The prudent person should wake up to all this foolishness and begin to prepare themselves for the coming disaster created by our elected officials. They’ve got their millions safely tucked away, their special exclusions and inclusions and their insulations in place. The American people are the ones being left out to dry.

You know things are really bad when even the hardest spun numbers still look horrible.

OBAMA’S SUMMER OF DISCOVERY

Well, he’s at it again…and again and again. Obama’s legacy will be as the “broken record” president.

If last summer was the much touted “summer of recovery” this has got to be the “summer of discovery”. We are discovering that all their promises were lies. We’re discovering that all their assumptions were absurd. We’re discovering that Obama has surrounded himself with idiots who don’t understand how the real world works. We’re discovering that all the spin in the world doesn’t make reality change.

Most of his trusted economic advisors are deserting the sinking ship and returning to, of all places, academia! The fact that none of these folks had ever held a real job in the real world should have been a loud warning bell. But I’m convinced that Obama isn’t capable of allowing anyone near him who is smarter than him. He surrounds himself with people who he can outshine. In this way he keeps his self-perception of being the smartest person in the room. Unfortunately he’s not as bright as the liberal press would have us believe and, therefore, we have a room full of dummies.

On Monday Obama visited a plant in North Carolina touting his plans for American job growth. The only problem was that more than half the jobs from this company are in China. We gave them billions to develop a company that then outsourced more than half its workforce.

Cree Outsourcing Jobs to China

He also announced “his” plan to train 10,000 engineers a year. Wow, how impressive. What genius!

Obama Unveils Push to Train 10,000 Engineers

Considering there are almost 14 million Americans out of work this number is sad to say the least. The real kicker though is that he only talks of training these individuals. My question is, once they’re trained, then what? They join the rest of the unemployed. No job creation, just more ineffective grand standing.

So, we hear the same song and dance we heard during his first campaign and every week thereafter. Jobs are his priority, he’s focusing on job creation, all hands on deck to push for jobs. I keep wondering when he’s going to stop talking and actually start doing something.

Maybe he needs to take a hint from his advisers, resign and go back to the classroom.

 

751 DAYS WITHOUT A BUDGET

How do you run a country without a budget? Apparently any way you please.

It is mind boggling to me that this is the 751st day the Democrats have served without passing a budget. This is no oversight or mistake. It is intentional. After all, if you don’t have a budget you don’t have to be accountable. You can spend as much as you like on whatever you like.

750 Days Later and No Budget

750 Days Without a Budget!


Talk about slick politics. What happened to all the transparency that was supposed to begin way back when Nancy Pelosi took the gavel as Speaker of the House. They were going to “drain the swamp”. Well, as far as I can tell, all that’s been drained is our pocketbooks.

I  sadly shake my head when I hear misguided and delusional folks blame President Bush for our present problems. Sure, all presidents inherit and create some problems. But the Democrats and liberals seem to conveniently forget that Democrats controlled the House and Senate two years prior to Obama taking the White House. The problems may have begun under Bush but the Democrats were in control.

If you or I managed our households and businesses the way the politicians are running this country we would all be bankrupt. Maybe that’s why this country is headed for bankruptcy on a fast track. With the evidence staring them square in the face they still continue down the same path. Instead of passing a realistic and reasonable budget, they argue, fuss and fight to raise the debt limit. Unbelievable!

I gave up thinking these folks were stupid a long time ago. I am now convinced they are just plain evil.

CAN ANYONE OUST OBAMA?

This country can’t take another four years of the circus that occupies the White House. We will be financially and morally bankrupt! When people like “Common” get invitations to perform in the top venue in the land, something must give. The Obamas live like rock stars and, I believe, think they are royalty in their own minds.

So, when the presidential hopefuls began popping out of the woodwork earlier this year, it seemed as though we would have no problem finding at least one real contender. WRONG! None of these folks are strong enough to overcome the unions, the liberals and the Black/Hispanic vote. Most of them have way too much baggage to drag them down. There is one exception in my opinion.

In all fairness, when Obama ran the first time he had no baggage. I think there are two reasons for this.

 First, no one knew, nor do we now know, who this man really is in real life. He is an enigma. For all of you on the left, look up the word, I’m not being racist.

Second, he had not done anything of any importance and had zero experience in the real world. He was an unknown, do nothing who could read a teleprompter. But oh how things have changed. He has piled on more baggage than a handler at O’Hare International airport.

So, back to the contenders. One has caught my attention and I will continue to follow him with interest. Herman Cain. If you have listened to him speak you see what I mean. He is articulate, intelligent, savvy, committed, determined and he appears to be honest.

Herman Cain Winner of Fox News Debate

Hear Herman Cain Speak

He is a proven successful businessman without the Trump abrasiveness. He knows how to make tough decisions and get things done. He knows how to articulate his ideas and beliefs in concise terms. He knows how things work in the real world. He commits and then stays the course. In short, he is all the things Obama is not.

I even have his campaign slogan: HERMAN CAIN, THE REAL DEAL

Maybe his greatest strength to carry him through a tough campaign season is one that will just drive the left crazy. They would not be able to play the race card.

 

 

THE CAMPAIGNER IN CHIEF

The current administration must think we are the stupidest people on earth, and maybe we are!

Obama’s flying all over the country (at the taxpayer’s expense) and giving speeches like they’re going out of style. We’re told he’s conducting the country’s business but it sure looks like campaigning to me. He chooses Obama friendly audiences at photo op venues. He spends so much time on the road and in front of cameras that I’m beginning to think he’s actually afraid of the Oval Office. He certainly seems uncomfortable staying in the White House for any length of time.

Just yesterday he was at the border (his first visit since taking office) to declare that America’s borders are the safest they’ve ever been. He twists and warps numbers to fit his message. He’s become very adept at spin. Anyone who actually believes this tripe is stupid. Oops, there’s that word again. 

Politics of Immigration Reform Speech

AP poll numbers this morning show him gaining quite a bit of ground (unbelievable in fact) in popularity.

Apparently he got a large bump from OBL. Interesting timing for him. According to this poll more than half those questioned say he deserves reelection. Sure wish they had polled me. Does anyone out there know anyone who has actually received a poll call? I would love to see the questions and how they are worded. Of course, AP is not known for their impartial approach. With the liberal bias comes good news for Obama.

In my next blog I will take a look at a few Presidential hopefuls that I think are worth considering. Call me stupid but I think we need change!

 

BIRDS OF A FEATHER

Today I have feathers on the brain. I apologize for not following the flock and writing about Osama bin Laden but, frankly, I’m a little tired of hearing about him. I’m spreading my wings in a different direction.

Early each morning I rise, fix myself a cup of coffee and look out my back window at the wildlife in the yard. We have 7 bird feeders scattered throughout the yard and as a result we have an abundance of wildlife feeding all day long. There are bunnies, squirrels, and of course the birds. All kinds of birds! There are Finches, Sparrows, Crows, Doves, Cardinals, Blue Jays, Bluebirds, a Hawk and Grackles. We even have two pairs of ducks.

Occasionally my wife will give me bread that has gone stale to share with my friends. I break it up into small pieces and scatter it throughout the yard. I enjoy observing the process in which it disappears. No matter how much I spread, within an hour it’s all gone. I’ve learned two lessons from my avian friends.

First, no matter how much bread I give them it is never enough. It can be a slice or a loaf, it makes no difference. As much as I give is as much as they’ll take. Second, the more often I give, the more birds come. Somehow they get the message out that I’m handing out free food and they come in droves.

Yesterday I observed something that really caught my attention. Upon completion of the distribution process I sat in our swing to watch the show. One particularly brave grackle eyed a large piece of bread and began a little dance to retrieve it. He would tilt his head, advance a little, retreat and repeat the process. This went on for about five minutes until he finally got the nerve to grab the morsel and head across the yard, running as fast as his legs would carry him. Now, as interesting as I found this process I observed something even more fascinating.

Once he had earned the prize and was ready to enjoy it, a host of other grackles began chasing after him to share in the spoils.  He had to fight to keep his hard earned bread and in the end he lost most of it.

The yard was covered with other pieces of bread ripe for the picking, but these grackles chose to take from the one who had already done the work rather than have to put forth some effort themselves. Sound familiar? I guess even in nature there are those who subscribe to the philosophy of redistribution of wealth.

I no longer refer to these birds as grackles. I prefer to call them the Obama liberals.

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