Skip to main content

Obama - Grecian formula man

Unless you’ve played ostrich, you know the lessons of the presidential election. Republicans must give up their principles and be more like Democrats, or they’ll go extinct.
Media sages insist the GOP must learn to love tax increases and the job of being the tax collectors for the welfare state. They must become pro-choice and “get over this obsession with life,” as one so-called conservative put it. The religious beliefs of Evangelicals, Catholics and others must be tossed overboard if the party wants to attract those single women who are married to the Democratic Party for birth control and abortion.
The list of Republican fatal flaws goes on, never mind that Mitt Romney fell only about 360,000 votes short in the four swing states of Florida, Ohio, Virginia and New Hampshire combined.
Had he won their 64 electoral votes, we’d be hailing him as brilliant, and dissecting the downfall of Barack Obama. But, in politics and football, winning is everything, so the demolition derby of the GOP is inevitable.
But the expiration date has arrived, so let’s move on to an alternative question: How long can the business model of the Democratic Party last?
The short answer is, not very. Dems are doomed by their success at creating ever bigger government with ever more handouts and entitlements. All the giving can’t go on and the Obama binge has created a crisis.
Deficits exceeded $1 trillion in each year of his first term, and his combined debt is a staggering $5 trillion. It brings the nation’s total to $16 trillion, and the possibility of default already has caused one rating downgrade.
And there is no end to the spending spree. Obama’s last budget, although chock full of rosy scenarios, still projected the debt would grow by $6.7 trillion over 10 years.
Thus, if all goes as planned, he will leave office with a national debt of $20 trillion, and a debt-to-GDP ratio far above 100 percent.
That’s Greece. It is an unsustainable governing model, so we should be asking not just about the demographic destiny of the GOP, but also how soon Dems will be condemned by the fiscal facts.
Clearly, they don’t want to face the numbers. The president has a fetish for hiking taxes on high earners, saying he didn’t care whether they would produce more revenue because “fairness” was more important.
He wasn’t kidding, as his continuing campaign proves. He declared Monday that Republicans would ruin Christmas for millions of families if they didn’t agree with his tax plan, proving again that re-election didn’t soften his “my way or the highway” attitude.

Read the full story here.

Comments

Popular posts from this blog

Pakistan Army Must Not Intervene In The Current Crisis - Who To Blame For the Present Crisis in Pakistan ?

By Sikander Hayat Another day of agony and despair as Pakistanis live through a period of uncertainty but still I believe that army must not intervene in this crisis. These are the kind of circumstances when army need to show their resolve of not meddling in the political sphere of the country. No doubt that there will be people in the corridors of power and beyond who will be urging the army to step in and ‘save’ the country but let me tell you that country will only be saved if army stays away and let the politicians decide the future of the country, even if it means that there will be clashes on the streets of Islamabad. With free media in place, people are watching with open eyes the parts being played by each and every individual in this current saga. They know who is right and who is wrong and they will eventually decide who stays in power when the next general election comes. Who said that democracy was and orderly and pretty business ; it is anything but. Democracy ...

Mir Chakar Khan Rind - A Warrior Hero Of Baluchistan & Punjab Provinces of Pakistan

By Sikander Hayat The areas comprising the state of Pakistan have a rich history and are steeped in the traditions of martial kind. Tribes which are the foundation stone of Pakistan come from all ethnic groups of Pakistan either they be Sindhi, Balochi, Pathan or Punjabi. One of these men of war & honour were Mir Chakar Khan Rind. He is probably the most famous leader coming out of Baloch ethnic group of Pakistan. Mir Chakar Khan Rind or Chakar-i-Azam (1468 – 1565 ) was a Baloch king and ruler of Satghara in (Southern Pakistani Punjab) in the 15th century. He is considered a folk hero of the Baloch people and an important figure in the Baloch epic Hani and Sheh Mureed. Mir Chakar lived in Sibi in the hills of Balochistan and became the head of Rind tribe at the age of 18 after the death of his father Mir Shahak Khan. Mir Chakar's kingdom was short lived because of a civil war between the Lashari and Rind tribes of Balochistan. Mir Chakar and Mir Gwaharam Khan Lashari, hea...

Azad Kashmir - Is China Taking Extra Interest In Kashmir?

By Sikander Hayat All the pictures are from Azad Kashmir First let’s talk about the geography & political structure of Azad Kashmir. The Azad State of Jammu and Kashmir, usually shortened to Azad Jammu and Kashmir (AJK) or, simply, Azad Kashmir, is the southernmost political entity of Pakistan. It covers an area of 13,297 km² (5,134 mi²), with its capital at Muzaffarabad , and has an estimated population of about four million. The state's financial matters, i.e., budget and tax affairs, are dealt with by the Azad Jammu and Kashmir Council, instead of by Pakistan's Central Board of Revenue. The Azad Jammu and Kashmir Council is a supreme body consisting of 11 members, six from the government of Azad Jammu and Kashmir and five from the government of Pakistan. Its chairman/chief executive is the president of Pakistan. Other members of the council are Azad Kashmir's own president and prime minister and a few other AJK ministers. Azad Jammu and Kashmir has its ...