Federal Government’s Fiscal Deterioration Nearly Five Times Official Deficit

Shocker: Federal Government’s Fiscal Deterioration Almost 5 Times Official Deficit – Hot Air

In Fiscal Year 2013, the official federal deficit was $680 billion. Liberals have cheered this drop while subsequently ignoring how this deficit is both larger than all of Bush’s pre-recession deficits and is expected to grow dramatically over the next several decades.

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However, the Treasury Department’s annual report on the finances of the U.S. federal government shows that not only is $680 billion an incomplete measure of the federal government’s finances, it’s off by nearly a factor of five.

From Just Facts Daily:

The U.S. Treasury has just released its annual “Financial Report of the United States Government,” which provides an account of the federal government’s finances using accounting standards like those that the government requires of large corporations. Because the federal budget is not bound by these standards, it does not have to account for all of its fiscal obligations.

For example, the Treasury report reveals that the federal government owes $6.5 trillion in retirement and health benefits to federal employees and veterans. This legal responsibility amounts to $53,000 for every household in the United States, but none of these liabilities are reflected in the 2013 budget deficit or national debt.

During the federal government’s 2013 fiscal year, the official federal deficit was $680 billion, but this comprehensive accounting reveals that the federal government’s fiscal position deteriorated by $3.3 trillion or an average of $27,000 for every household in the U.S.

There are two basic ways the federal government calculates its obligations. The first does not account for the obligations of Social Security, Medicare, and other programs in the same way the federal government requires of private corporations.

The method the Treasury report uses is far more complete. It includes long-term obligations and liabilites unaccounted for in the deficit and debt measurements.

In this year’s report, Treasury says the government should initiate deficit reduction measures (cuts and/or tax increases) equivalent to 1.7 percent of GDP every year for 75 years. This means, just in 2014, Treasury is recommending a cut in deficits of approximately $274 billion just to prevent a fiscal crisis – and these cuts will grow in size every year for the time period Treasury examined. Waiting 10 or 20 years makes things even worse.

And even these cuts are grossly undersized. First, this would still leave America’s publicly held debt-to-GDP ratio the same as it was in 2013, which the Congressional Budget Office has said is problematic.

Additionally, Treasury assumes in its report that the Affordable Care Act will reduce long-term health care costs. And, finally, these cuts are recommended to reduce “primary” deficits, those that do not include the enormous interest payments the federal government is expected to incur.

In short, not only is the federal government in financial trouble, it’s in worse shape than we ever realized. After compiling all of the data in the Treasury Report, Just Facts found that the full obligations of the U.S. federal government total $71 trillion, or $580,000 per household.

Click HERE For Rest Of Story

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Disgraced Obama EPA Official Testifies About Scheme To “Modify The DNA Of The Capitalist System”

Smoking Gun: Disgraced Obama EPA Official Testifies To Anti-Capitalist Plan – Pajamas Media

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The House Oversight and Government Reform Committee has released a transcript of former senior EPA official John Beale’s testimony. The Committee deposed Beale in connection with his recent fraud conviction. He was sentenced to prison for posing as a CIA agent, and defrauding the government of about $900,000.

Beale told the Committee that under President Barack Obama, the Environmental Protection Agency is being used for a purpose far beyond protecting the environment.

“There were several phases of this project as we had outlined it. There’s an enormous boy of literature on the subject. Sometimes it’s referred to sustainability literature, sometimes it’s referred to green economics. And so phase 1 of the project was for me to become very familiar and transversant with that literature. Phase 2 would have been out and interviewing academic experts, business experts, people in other countries that are doing things.

“And then phase 3 would have been coming up with specific proposals that could be – could have been proposed either legislatively or things which could have been done administratively to kind of modify the DNA of the capitalist system…”

That testimony comes on page 21 of Beale’s deposition. He testified to his belief that while environmental regulations in the United States have been successfull, “we’re reaching the limits of the traditional regulatory process… largely because the fundamental dynamic of the capitalistic system is for businesses and individuals to try to externalize all costs.” That, combined with the limits of technology to limit the movement of pollution around the globe, necessitated this project to “modify the DNA” of capitalism.

Beale testified that current EPA head Gina McCarthy was aware of and interested in the anti-capitalist project. He says that the project never got beyond the first phase, before he was outed for fraud.

The Institute for Energy Research’s Senior Vice President, Dan Kish, reacts:

“This is the smoking gun. For years, we have been saying the real agenda behind this administration’s energy and environmental policies is just what President Obama has said it is: to fundamentally transform America.

“In his testimony under oath, Beale, perhaps unwittingly, has laid bare the administration’s end goal. The President’s policies are not about carbon, they are not about coal, they are not even about energy and the environment. They are about fundamentally altering the DNA of the capitalist system. These policies are not about energy, but power.

“Beale was ordered by EPA administrator to head the agency’s climate change efforts. Today’s publicly released deposition means that McCarthy has many more questions to answer about her bad judgement regarding Beale and the true nature of the administration’s climate action plan.”

Click HERE For Rest Of Story

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Your Blogger Quote of the Day

 Comes from that rabble-rouser Bob Belvedere who has the perfect response to one Kathleen Sebelious

Obergruppenführer Kathleen Sebelius lets us know today who employs her [tip of the fedora to Jim Hoft and Locke Step]:

Well, the majority of people calling for me to resign I would say are people who I don’t work for and did not want [Obamacare] to work in the first place.

She has forgotten who she serves hasn’t she?

Anyone, at any level, who works for the government who believes this should be terminated immediately [if an elected official, they should be either impeached or recalled or hounded out of office].

AMEN Bob, AMEN!

Man Who Calls Himself A “Pastafarian” Permitted To Wear A Sieve On His Head In Official ID Photo

‘I’m A Pastafarian’: Man Who Claims His Religion Forces Him To Wear A Sieve On His Head Given Permission To Wear One On His Official Identity Card Picture – Daily Mail

A man who wears a sieve on his head for religious reasons has been allowed to wear his bizarre headgear on his official identity card.

Prankster Lukas Novy, from Brno in the Czech Republic, claims that his Pastafarian faith means he has to wear the sieve at all times.

Officials ruled that turning down Novy’s request would be a breach of the country’s religious equality laws.

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Brno City Hall spokesman Pavel Zara explained: ‘The application complies with the laws of the Czech Republic where headgear for religious or medical reasons is permitted if it does not hide the face.’

Novy claims to be a member of the Church of the Flying Spaghetti Monster, when emerged in the USA as spoof on organised religion.

According to its tongue-in-cheek website their ‘only dogma… is the rejection of dogma’.

Members claim to believe that an invisible alien made of spaghetti and meatballs created the universe after ‘drinking heavily.’

In 2005, physics graduate Bobby Henderson, 24, from Oregon State wrote a letter about a ‘Flying Spaghetti Monster’ as a protest against the Kansas State Board of Education’s decision to allow the teaching of intelligent fesign as an alternative to evolution in public schools.

The ‘religion’ arose as a response to pressure for American schools to teach the theory known as intelligent design, which some Christians favour as an alternative to natural selection and evolution. The theory argues life must have been helped to develop by an unseen power.

The Church of the Flying Spaghetti Monster wrote to the Kansas School Board asking for the Pastafarian version of intelligent design to be taught to schoolchildren as a way of criticising the intelligent design campaigners.

By professing belief in a supernatural entity composed of pasta and meatballs, Henderson called on ‘Pastafarianism’ to be given equal time in science classrooms alongside Christian theory.

Word rapidly spread and the Church of the Flying Spaghetti Monster (CFSM) now has thousands of followers, mainly on college campuses and in Europe.

The central tenet of CFSM is that an invisible Flying Spaghetti Monster created the universe ‘after drinking heavily’.

Pastafarians celebrate every Friday as a holy day – and consider pirates ‘absolute divine beings’.

Click HERE For Rest Of Story

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Benghazi Scandal Update: State Department Official Waited 20 Hours On Rooftop For Help (Video)

State Official Waited 20 Hours On Benghazi Roof For Help – White House Dossier

The night of the Benghazi attack last September 11, Diplomatic Security agent David Ubben waited for 20 hours on the roof of the CIA Annex until help finally arrived.

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He was up there with former Navy SEALs Tyrone Woods and Glen Doherty, who were killed by mortar rounds. Ubben’s right leg was shredded.

Have a look at this incredible report by of Catherine Herridge of Fox News.

“The response on the night was inadequate on many levels,” sources told her. Ubben has been recovering in the United States since then, and lawmakers are hopeful he will testify in the fall.

Some phony scandal. Have a look.

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Click HERE For Rest Of Story

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IRS Official Sarah Hall Ingram Recorded 165 White House Visits

Separate From Shulman, IRS Official Sarah Hall Ingram Recorded 165 White House Visits – Daily Caller

Sarah Hall Ingram, the IRS official currently in charge of overseeing the agency’s implementation of Obamacare, has logged 165 recorded visits to the White House 165 times since 2011, according to an analysis of White House visitor records compiled by the Franklin Center for Government and Public Integrity.

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Ingram headed the IRS’ tax-exempt division in 2010 when the scandal-ridden agency began improperly targeting the tax-exempt nonprofit status of conservative groups.

Despite logging 165 visits, Ingram’s meetings never overlapped with those of former IRS commissioner Douglas Shulman, who, as The Daily Caller reported, has appeared in the White House visitor logs 157 times since September 15, 2009.

The Franklin Center’s record of White House visits covers a period after Ingram had left the division at the center of the targeting scandal. The IRS has said she left to head the Affordable Care Act division in December 2010. It is not clear whether the Center’s record is of actual visits or scheduled visits that may or may not have occurred.

Ingram visited with President Obama six times, according to White House visitor logs. All of Ingram’s 165 recorded visits involved meetings with White House staff.

Ingram took many of her White House meetings with Jeanne Lambrew, deputy assistant to the president for health policy.

Considering that Ingram and Shulman never visited the White House together, the two IRS officials have been responsible for more than 300 public visits since the beginning of the Obama administration.

Ingram between 2009 and 2012.

Click HERE For Rest Of Story

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IRS Official In Charge During Tea Party Targeting Now Runs Health Care Office

IRS Official In Charge During Tea Party Targeting Now Runs Health Care Office – ABC News

The Internal Revenue Service official in charge of the tax-exempt organizations at the time when the unit targeted tea party groups now runs the IRS office responsible for the health care legislation.

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Sarah Hall Ingram served as commissioner of the office responsible for tax-exempt organizations between 2009 and 2012. But Ingram has since left that part of the IRS and is now the director of the IRS’ Affordable Care Act office, the IRS confirmed to ABC News today.

Her successor, Joseph Grant, is taking the fall for misdeeds at the scandal-plagued unit between 2010 and 2012. During at least part of that time, Grant served as deputy commissioner of the tax-exempt unit.

Grant announced today that he would retire June 3, despite being appointed as commissioner of the tax-exempt office May 8, a week ago.

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Click HERE For Rest Of Story

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UN Human Rights Official Says Boston Got What It Deserved

UN Human Rights Official Says Boston Got What It Deserved – Big Peace

UN Human Rights Council “expert” Richard Falk has published a statement saying Bostonians got what they deserved in last week’s terror attack. He quotes W.H. Auden to make his point: “to whom evil is done/do evil in return.”

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Richard Falk is the UN’s “Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967.” He has held the post since 2008, despite exposure as a 9/11 conspiracy theorist.

In his latest rant, published online on April 21, 2013 by foreignpolicyjournal.com Falk repeats the libel that prior to 9/11 President George W. Bush was seeking a “pretext” for war, and that anything Israel is the opposite of “justice and peace.”

And then he attacks Bostonians head-on. The police action in Boston was a “hysterical dragnet.” Boston’s dead were “canaries” that “have to die” because of America’s “fantasy of global domination.”

Falk explains the attacks as justifiable “resistance.” In his words: “The American global domination project is bound to generate all kinds of resistance in the post-colonial world.”

He minimizes the crime and predicts worse if America doesn’t change its ways to better accommodate the demands of “the Islamic world.” As he puts it: “In some respects, the United States has been fortunate not to experience worse blowbacks, and these may yet happen…”.

For years, Falk has been espousing the worst forms of antisemitism from his UN perch, and for his efforts has been rewarded with repeated opportunities by the Council to lecture others on his world view.

That world view is shared by the 56 member states of the Organization of Islamic Cooperation (OIC), who only a week ago at UN Headquarters refused to define terrorism unless an exception clause was created for “legitimate struggle.”

The OIC controls the balance of power at the UN’s top human rights body, by holding majorities in both the African and Asian regional groups. Africa and Asia, in turn, control 26 of the 47 seats on the Council. With the backing of the OIC, therefore, Falk has been encouraged and protected.

The Obama administration has long championed the UN Human Rights Council, which it decided to join as one of its first foreign policy moves in 2009. Thanks to the Obama administration, U.S. began a second three-year term on the Council this past January. At the opening of the Council’s most recent session in March, Assistant Secretary of State Esther Brimmer traveled to Geneva to address what she called “this esteemed body.”

There is nothing about a “human rights” body that countenances the likes of Richard Falk that is “esteemed,” and the United States should resign – effective immediately.

Click HERE For Rest Of Story

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Another Democrat Election Official Pleads Guilty To Multiple Felonies In Obama Nomination Petition Scandal

Another St. Joseph County Election Official Pleads Guilty In Obama Petition-Forging Scandal – Advance Indiana

It’s the big story that the media outside of South Bend, Indiana don’t want to report. It’s the story of how Democratic election officials in the St. Joseph Co. Board of Registration Office conspired to forge signatures on the nominating petitions of Barack Obama in 2008 so that he would have enough signatures to make the 2008 Indiana Democratic primary ballot. Without those forged signatures, Barack Obama’s name would not have appeared on the 2008 Indiana primary ballot, and in all likelihood, that blunder would have cost him the 2008 Democratic presidential nomination.

The South Bend Tribune, which broke the original story, reports on yet a second official charged in the petition-forging scandal pleading guilty to her role. This time it is Pam Brunette, the former head of voter registration in St. Joseph County.

Pam Brunette pleaded guilty Tuesday to one count of Class C felony forgery, one count of Class D felony official misconduct and one count of Class D felony falsifying a petition.

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Three additional counts were dismissed. The former head of Democratic Voter Registration faces between two and eight years for the Class C felony and six months to three years for each Class D felony.

A sentencing hearing has been set for 10 a.m. May 9 before Superior Court Judge John Marnocha.

Brunette is the second person in the past two weeks to admit guilt in the case, which also involves former longtime county Democratic Party Chair Butch Morgan and former party member Dustin Blythe.

Bev Shelton pleaded guilty to one count of forgery and one count of falsifying a petition on March 28 as part of a plea agreement under which she has agreed to testify in the upcoming case against Morgan and Blythe.

Shelton, who worked under Brunette in Voter Registration, will be sentenced at the same time as her former boss.

According to the Tribune, Brunette didn’t actually forge the signatures but knew the petitions contained forged signatures that had been forged by party officials and certified the petitions knowing they contained forgeries.

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Click HERE For Rest Of Story

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Oregon Democrats ready to throw out 4th amendment with the 2nd amendment

They really are the Totalitarian Party

Democrats in Oregon are pushing legislation that not only bans guns but allows warrantless searches of your home by government officials.

Oregon Firearms reported:

Two days after Senate Democrats claimed they would not seek a ban on modern firearms and feeding devices, Democrats in the Oregon House introduced just that.

Seven Senators joined with eight House Reps to introduce a sweeping ban on virtually all modern firearms. Among the Senators is, of course, Ginny Burdick, who claimed on Wednesday “that she is backing off an attempt to push through a bill on gun clips that she drafted following the December shootings at the Clackamas Mall.”   The other sponsors are:

Representatives BAILEY, BUCKLEY, DEMBROW, FREDERICK, READ, REARDON, TOMEI, Senators , DINGFELDER, HASS, MONNES- ANDERSON, MONROE, SHIELDS, STEINER- HAYWARD.

Remember them.

HB 3200 not only bans most modern guns and magazines, it allows warrantless searches of your home, requires background checks and registration for a firearm you already own and as-of-yet undefined storage requirements. We say “a firearm” because even if you comply with the restrictions in this bill you may still only own one.

I never want to hear anyone say we should not call Democrats Marxists.

Dave Ramsey lays it on the line!

H/T to American and proud for this post!

After you watch that check out the fine work Robert has done on class warfare Here is a sample

I couldn’t give a rats ass if someone makes a trillion dollars a year as long as they are doing it legally,  and I don’t give a damn if they don’t give to charity, or church or even spend it on their family. It’s their business.

I hold the rich American in high regard, I figure the vast majority of today’s wealthy Americans earned it by working hard and making the right decisions. I also know there are several Black, Latino and Asian wealthy, which means it’s possible for everyone.

I am in my late 40′s now and unless something miraculous happens I don’t plan on having an estate worth taxing after my death. I don’t expect to pay 70% of my income in federal taxes to pay for touchy feely programs our elected officials dream up. So the dog in this fight is not mine.

I would love to ask the Democrats who exactly are they fighting for?

Well, they are fighting for more money to buy votes with frankly. Democrats learned long ago that they can win elections, and be re-elected if they successfully divide Americans. Be it by gender, race, sexual orientation, religion or income. They love top pit one American against another, creating division and resentment to convince this group or that group that the are “fighting for them”. Sadly, many Americans have fallen for this trick. Of course, the modern-day Democrats are much more closely tied ideologically to Marx and Engels than they are to Madison or Jefferson. They believe not in our founding principles like Robert does.