I wonder why he is cutting off the LEFT WING? Click image for the full-size cartoon.
Beltway Kabuki
Debt Legacy
Guess who is going to pay for all the new debt? Ramirez hints at just who is going into debt . . .
The Obama administration will formally ask Congress later this week to raise the nation’s debt ceiling by $1.2 trillion, according to Treasury Department officials.
The latest request is the third of three requests authorized by the contentious debt ceiling agreement reached last August and is expected to come on December 30 – the day the debt is projected to fall within $100 billion of the current $15.194 trillion ceiling. The new request asks the ceiling be raised to $16.39 trillion.
Corzine’s Excuse
Ramirez’ latest cartoon made me snicker a bit even though this is exactly how Washington justifies wasting our money . . .
Navy Forced to “Go Green” – Another O-Scam
Editorial excerpt from IBD.
Jet Fuel-Gate Is Obama’s New Solyndra
Ecofanaticism: SolyndraGate was no isolated case of corrupt government misspending. The U.S. Navy was just forced to buy 450,000 gallons of biofuels from an Obama-connected firm at an outrageous $16 per gallon.
The massive Obama stimulus was supposed to generate millions of jobs, but the $535 million loan guarantee it gave to solar panel maker Solyndra on the eve of its Chapter 11 bankruptcy illustrated the fundamental incompetence of Obama’s neo-Keynesian economic ideology.
Now we find the Navy partnering with the Agriculture Department to purchase hundreds of thousands of gallons of alternative biofuel in place of standard JP-5 fuel for Navy aircraft — the biggest federal purchase of biofuel ever.
It’s part of the White House’s “we can’t wait for Congress” strategy as the 2012 election year looms. But JP-5 typically costs less than $4 a gallon. If a family on a budget started filling up with $16-a-gallon gas, it might want to adopt the motto, “we can’t wait to go broke.”
. . .
The biofuel will be used next summer by — we’re not making this up — “the Great Green Fleet Carrier Strike Force” in exercises near Hawaii. Mabus painted the picture of America’s great naval force advancing from sails to coal to diesel to nuclear, and now finally to biofuels. But if we keep starving the Navy, it may soon not have enough loose change to repair the sails on Old Ironsides.
Read the entire editorial.
Welcome to Obamanomics
Today’s unemployment decrease is explained over at The Patriot Post (emphasis added):
November employment numbers are out today and they bring mixed news. Bloomberg reports, “The jobless rate declined to 8.6 percent, the lowest since March 2009, from 9 percent, Labor Department figures showed today in Washington. Payrolls climbed 120,000, with more than half the hiring coming from retailers and temporary help agencies, after a revised 100,000 rise in October.” Seems like good news. Unfortunately, part of the reason is that 315,000 Americans left the workforce altogether. Another part is that retailers have hired seasonal help.
Bloomberg also notes, “The so-called underemployment rate — which includes part- time workers who’d prefer a full-time position and people who want work but have given up looking — decreased to 15.6 percent from 16.2 percent.” Furthermore, “The jobless rate has exceeded 8 percent since February 2009, the longest stretch of such levels of unemployment since monthly records began in 1948.” This long after the recession supposedly ended, things should be looking much brighter than this. Welcome to Obamanomics.
The Erosion of Liberty
On the big screen way back in 1966, Dean Martin played a secret agent, “Matt Helm,” whose main adversary was “The Big ‘O’.” Well, today, we have our own adversary – The Big ‘O’-bamacare. The erosion caused by this socialist and unconstitutional program is depicted quite well by this Ramirez cartoon.
