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NEWS and OPINIONS by BILL STANLEY

Czar Obama Flip-Flops Now That He Gets To Pick Winners And Losers

(11 Aug 2014) In 2008, Senator Obama described the Export-Import Bank as "I'm not a Democrat who believes we can or should defend every government program just because it's there ... There are some programs that have been duplicated by other programs that we just need to cut back, like ... the Export-Import Bank that's become little more than a fund for corporate welfare." On Aug. 5, Czar Obama said, "House Republicans can help by reauthorizing the Export-Import Bank ... That is the right thing to do. It's pretty straightforward. And you business leaders can help make clear that it is critical to U.S. business."

Pot Causing More Vehicle Fatalities?

(11 Aug 2014) In 2006 through 2008, Colorado averaged 35 drivers per year in fatal accidents who tested positive for marijuana. In 2010 through 2012 (with legal medical marijuana), Colorado averaged 57. Now, the sale of recreational marijuana is legal.

Never Pass Up An Opportunity To Buy Low-Income Voters

(11 Aug 2014) California Democrat Assemblywoman Lorena Gonzalez learned that residents can’t buy diapers with food stamps (Duh, what food group did she think contained diapers?) and authored a bill. It amends the cash welfare program (CalWORKs) by adding $80 a month to buy diapers for children under the age of 2. The annual cost to taxpayers is estimated to be $100 million. The bill passed the Assembly with no Republican votes and is in the Senate. (Source: 5 Aug. 2014 Fox News)

Taxpayers Told Bay Bridge Span Would Cost $0.78 Billion ... Actually Cost $6.4 Billion

(11 Aug 2014) The 1989 Loma Prieta earthquake severely damaged a span of the San Francisco - Oakland Bay Bridge. It was claimed that a replacement span would cost only a few hundred million dollars more than a retrofit of the damaged span. The cost of the new span was estimated to be $780 million with completion in 2007. Only one bid was received ... $1.4 billion. It was completed in 2013 for $6.4 billion. (Source: 10 Aug. 2014 Townhall)

Government Schools Have 49.8% Non-Hispanic White Students

(11 Aug 2014) For the first time, government schools are expected to have less than 50% non-Hispanic white students this fall. (Sources: National Center for Education Statistics, 9 Aug. 2014 Associated Press)

National Debt Continues To Soar

(9 Aug 2014) In May 2003, Obama called on the Senate to resist Bush's "unprecedented $300 billion deficit" that "underscores the recklessness of the George W. Bush administration and the Republican Congress". During the 2008 campaign, Czar Obama said, "The first thing you do when you're in a hole is what? ... You stop digging. So the first thing that we're going to have to do is to stop adding to our deficit." During the 65 full months of Czar Obama's reign, the national debt increased by $7.06 trillion to $17.69 trillion, at an annual rate of $1.28 trillion. The increase in the last 12 months was $0.95 trillion. During Bush's 95 full months, the debt increased $4.98 trillion at an annual rate of $0.63 trillion. Obama's rate is 2.04 times Bush's. Bush was bad ... Obama is horrible.

Soc Sec And Medicare Are 41% Of Federal Expenditures And Trust Funds Are Drying Up

(5 Aug 2014) Social Security and Medicare accounted for 41% of Federal expenditures in fiscal 2013. The Social Security Disability Insurance (SSDI) trust fund will be depleted by late in 2016, resulting in automatic 20% reductions in payments to beneficiaries. In 2013, SSDI cost $143.4 billion and had 11.0 million recipients. The Medicare Hospital Insurance (Part A) fund will be depleted in 2030. At that time dedicated revenues will be sufficient to pay 85% of payments. In 2013, Part A cost $266.2 billion. There were a total of 52.3 million enrolled in Medicare. The Social Security Old Age and Survivors Insurance trust fund will be depleted in 2033. Thereafter, tax income will be sufficient to pay 3 /4 of scheduled benefits. In 2013, this program cost $679.5 billion and had 47 million recipients. (Source: July 2014 Social Security and Medicare Boards of Trustees)

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