Can't share any additional thoughts here, I'm greasing up the wheels of our 'Official National Debt Reduction Wheel Chair' and cruising the streets of Upstate New York for Seniors, the handicapped, and, in general, people who don't look like me (luckily for you, this is 'just about everybody'). Then I'm taking them all to a really big cliff while music plays in the background and tossing them one by one...
Yes, President Barack Obama, having reached his 50th Birthday has his very own stamp in circulation...
Cash Value: 50 Kopeks!
Congratulations Comrade Obama!!!
Perhaps you can do for Russia what you have done for US?!?!
After all, even ONE SuperPower is 'one too many SuperPowers'...
Right, Birthday Boy?
Yeah, that's what I thought. Sorry I missed your $36,000 a head birthday bash in Chicago - I was at home with my family. I didn't have a spare $36,000 to listen to you drone on about what a great job you're doing. I can sit at home and listen to you do this nightly from my $4 per day Time Warner Cable investment.
I'll keep that extra $35,996 for my kids' college fund - thanks.
President Obama presides at a Cabinet meeting on Wednesday. In the background from left are Education Secretary Arne Duncan, Health and Human Services Secretary Kathleen Sebelius, Interior Secretary Kenneth L. Salazar, Secretary of State Hillary Rodham Clinton, the president, Defense Secretary Leon E. Panetta and Transportation Secretary Ray LaHood. In the foreground from left are, Labor Secretary Hilda L. Solis, Attorney General Eric H. Holder Jr. and Treasury Secretary Timothy F. Geithner. (Associated Press)
The Washington Times was nice enough to report that the Obama Administration has yet again presided over ANOTHER milestone in GREAT AMERICAN HISTORY(please read the preceding very LOUDLY to yourself to give it the respect it deserves)...
From the article linked above: U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new borrowing room it earned in this week’s debt-limit increase deal.
The debt subject to the statutory limit shot way past the old cap of $14.294 trillion to hit $14.532 trillion on Tuesday, according to the latest the Treasury Department figures, which are released on the next business day.
That increase puts the government already remarkably close to the new debt limit of $14.694, which means one day’s new borrowing ate up 60 percent of the $400 billion in space Congress granted the president this week. Knowing that the day was a 'Record-Breaker' - how did the President react to the news?
We now rejoin the above article, already in progress for the 'Rest of the Story'...
"The fight was so bruising that President Obama on Wednesday took his debt team out to celebrate by buying them hamburgers at Good Stuff Eatery, a well-known burger joint on Capitol Hill. The White House said it was a reward for their “nonstop” work over the past few months."
"Grease - It's What for Dinner" at the Good Stuff Eatery!
Michelle Obama says, "You can't have any - none of you!"
The meal's conclusion was delayed for twenty-minutes after Mitch McConnell's arteries hardened and collapsed. Moments later he passed out face-down in the final course of the nutritionally robust meal -- a delectable selection of Ice Cream Sundaes (with sprinkles) wrapped in bacon and deep-fried in lard, served with cigarettes and Whiskey.
Onlookers, shocked that Mr. McConnell recovered from his arterial overload, were heard to say, "Dang, that was a close. Quick, someone hand him a sausage burrito - that ought to put him down."
President Obama left the meeting suddenly, having been called back to the White House by his wife, Michelle. She, apparently was NOT amused with the President's Healthy Meal Choices for the celebration.
Yes, hard as it is to believe, an American-made Hybrid vehicle whose selling price is 'about the same' as Mercedes-Benz C350 (see photo)
is not selling so well. Yes, in spite of the Federal Government's involvement in manipulating the Free Market, people are staying away from the Volt 'in droves'. Since its introduction in late 2010, an estimated 2,029 Volts have been sold nationwide.
These incredible sales results come after "President Obama vowed in his 2011 State of the Union Address to "break our dependence on oil" and "become the first country to have one million electric vehicles on the road by 2015."
The U.S. government has invested $2.4 billion in research and development to improve EV batteries and another $300 million in grants for communities that are reducing petroleum use — not to mention, hundreds of millions of dollars in consumer subsidies."
Interestingly enough, the high-mileage Hyundai Elantra sold 2,059 units in April, 2011. The difference here, of course, is that the above sales figure of 2,059 vehicles is stated in DAYS. The cost-effective high-mileage Elantra sold 61,873 vehciles in April, 2011. The Elantra number is just slightly ahead of the robust Volt's monthly sales volume of almost 180 vehicles per month.
In the Marketplace of ideas, dollars vote. Volt vs. Elantra, Hyundai wins big. And [shock!] with no government dollars involved...
The Wall Street Journal's MarketWatch online reported today that the Dow Jones has fallen for the past nine days in a row. The last time it did this was under the watchful guidance of President James Carter.
When contacted for a comment, President Carter said, "As President Obama begins my Seventh Year in the White House, I'm proud that he continues to bolster the legacy which I left behind. He makes ME look good. I never thought it possible - but I'm no longer the worst President in US History..."
15% of All Americans now rely on Food Stamps
(Another Obama Record)
NEW YORK (CNNMoney) -- Nearly 15% of the U.S. population relied on food stamps in May, according to the United States Department of Agriculture.
The number of Americans using the government's Supplemental Nutrition Assistance Program (SNAP) -- more commonly referred to as food stamps -- shot to an all-time high of 45.8 million in May, the USDA reported.
That's up 12% from a year ago, and 34% higher than two years ago.
Yet another Milestone for the Obama - Biden Administration! Really, there's nothing more I can add - it's getting late.
I'm gonna go upstairs and hug my dog and pet my wife, or, um, never mind.
I sure do hope that you get a chance to enjoy the remainder of 2011's Recovery Summer!
Hey, perhaps you can play golf with your friends?
Sure, that sounds like an excellent idea!!!
'Clubbing' the Economy Daily... Team Obama - Biden