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	<title>Liberty&#039;s Lifeline &#187; Obama</title>
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		<title>How to Solve Obama&#8217;s Catholic Problem</title>
		<link>http://libertyslifeline.com/2012/02/08/how-to-solve-obamas-catholic-problem/</link>
		<comments>http://libertyslifeline.com/2012/02/08/how-to-solve-obamas-catholic-problem/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 13:14:03 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
				<category><![CDATA[2012 Election]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Catholic]]></category>
		<category><![CDATA[Health/Medical/Pharmaceuticals]]></category>
		<category><![CDATA[healthcare costs]]></category>
		<category><![CDATA[Washington]]></category>

		<guid isPermaLink="false">http://libertyslifeline.com/?p=4630</guid>
		<description><![CDATA[President Obama is trying to walk back from the war he started with Catholics by trying to cram down their throats his dictates that go against their core beliefs. His administration says they are open to work something out. I am glad to hear that. The fix is simple. The potential fix will not only [...]]]></description>
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<p>President Obama is trying to walk back from the war he started with Catholics by trying to cram down their throats his dictates that go against their core beliefs. His administration says they are open to work something out. I am glad to hear that. The fix is simple.</p>
<p><span id="more-4630"></span></p>
<p>The potential fix will not only end the war on Catholics, it will go a long way towards resolving the out of control escalation in healthcare costs. Here it is:</p>
<ol>
<li>Repeal ObamaCare</li>
<li>Eliminate the tax deduction for companies to provide health care for their employees</li>
<li>Provide a tax deduction for individuals to buy and own their own policies. This would make policies portable, that is, you won&#8217;t lose your health care if you lose your job. You can choose any plan that works for you and fits your lifestyle and beliefs.</li>
<li>Eliminate government mandates that insurance plans cover elective procedures such as birth control, cosmetic surgery, abortion, sterilization, erectile dysfunction drugs, etc. If an insurance company wants to provide these services to attract subscribers, fine. If an insurance company wants to offer a plan that doesn&#8217;t provide them to lower costs to people who will never use the services, that should also be fine.</li>
<li>Eliminate third-party payers. Until consumers are actually writing the check they won&#8217;t care what the cost is and they won&#8217;t shop around. Pay up front, get reimbursed later.</li>
<li>Encourage Health Care Savings Accounts. This money, set aside pre-tax, can be used to write the check mentioned in item 5. Coupled with a high deductible plan it can save money and make health insurance like other forms of insurance where it protects you from economic catastrophe, and doesn&#8217;t pay for every visit to the doctor for the sniffles.</li>
<li>Fight for tort reform. Get the lawyers out of the examining room. Doctors won&#8217;t order every test under the sun just to cover their backs.</li>
<li>Let&#8217;s get serious about stopping Medicare and Medicaid fraud. The amount of money that gets stolen from these plans each year is more than the entire budget of the Department of Justice. Beef up the FBI and stop the theft.</li>
<li>Pay attention to your own health. Get healthy. Stay healthy. You shouldn&#8217;t need Michelle Obama to tell you what foods to eat. Your health affects you and your loved ones. It is your responsibility.</li>
</ol>
<p>Let&#8217;s get the government busybodies out of our lives. Their policies are causing the problem, they aren&#8217;t bright enough to fix it. Just get out-of-the-way. We will fix it ourselves.</p>
<p>The Obama argument is that there are employees at these religious affiliated organizations who are not, for example, Catholics and who want birth control. Forcing the Catholic church to provide birth control services goes against their core beliefs and is an attack on the church and the First Amendment. By switching from employer-provided health insurance to individually purchased health insurance, the problem is solved. The institution won&#8217;t be providing health care insurance for any services whether they approve of them or not, and the individual can purchase any plan they want regardless of the philosophy of their employer.</p>
<p>That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
<p>NOTE: I will be reporting from CPAC in Washington over the next few days.</p>
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		<slash:comments>6</slash:comments>
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		<title>He&#8217;s a Surgeon, He&#8217;s a General, He&#8217;s Congressman Tim Bishop!</title>
		<link>http://libertyslifeline.com/2012/02/04/hes-a-surgeon-hes-a-general-hes-congressman-tim-bishop/</link>
		<comments>http://libertyslifeline.com/2012/02/04/hes-a-surgeon-hes-a-general-hes-congressman-tim-bishop/#comments</comments>
		<pubDate>Sat, 04 Feb 2012 16:07:04 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
				<category><![CDATA[2012 Election]]></category>
		<category><![CDATA[Economy]]></category>
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		<category><![CDATA[Taxes]]></category>
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		<category><![CDATA[US PC]]></category>

		<guid isPermaLink="false">http://libertyslifeline.com/?p=4625</guid>
		<description><![CDATA[&#160; Congressman Tim Bishop continues to push his manufactured campaign issue, with the full union backing of the Communication Workers of America, to fight against outsourced call centers. He calls it a &#8220;surgical strike&#8221;. I think there are more appropriate names for it. It&#8217;s always fun to listen to someone who hasn&#8217;t spent a day [...]]]></description>
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<p>&nbsp;</p>
<p>Congressman Tim Bishop continues to push his manufactured campaign issue, with the full union backing of the Communication Workers of America, to fight against outsourced call centers. He calls it a &#8220;surgical strike&#8221;. I think there are more appropriate names for it.</p>
<p><span id="more-4625"></span></p>
<p>It&#8217;s always fun to listen to someone who hasn&#8217;t spent a day outside of academia or government tell the rest of us, a) what the problem is; and b) what the solution is. The first question that I would ask Congressman Bishop is &#8220;why is this such an important issue for your constituents?&#8221; Answer: It isn&#8217;t. There are no major call centers in his district and there are none that I know of that are weighing a move to his district. So why is this his major legislative focus?</p>
<p>He is desperately looking for an issue, any issue, that he can campaign on. He cannot campaign on his record. He cannot campaign on a record of supporting the Obama economic disaster. He cannot campaign on how much the debt ballooned on his watch. So Doctor Bishop wants to do a little surgery and penalize companies who outsource call centers. Since Bishop never held a job that produced anything for a profit he can be excused for not grasping the impacts of his proposed bill.</p>
<p>One of his provisions is to make companies that have outsourced call center jobs overseas ineligible for government contracts. Two of the largest US PC manufactures HP and Dell and they both have call centers overseas. So does Congressman Bishop want the stop the federal government from buying PCs from HP and Dell? Who should they buy them from? Chinese Lenovo, Taiwan based Acer? Japan&#8217;s Toshiba? Speaking like a general he says it is a surgical strike. Well surgical strikes are designed to limit collateral damage, and Bishop&#8217;s plan is chock full of collateral damage.</p>
<p>Here is how Bishop could really help the situation. First, take a basic economics course. Study how the global economy works and how free global trade helps everyone. Perhaps he should ask his backers at the Communications Workers of America, what they can do to make call centers in the US more cost-effective. Do they have too many work rules in their contracts? Do they force their members to pay union dues to pay for the union to back Bishop and Obama? If their dues were limited to collective bargaining, perhaps employers could afford more call center jobs in the US. Tell Obama we need to slash the corporate tax rate so that companies do not save billions of dollars by locating operations in overseas countries with lower tax rates and then trap those profits overseas so they can&#8217;t be brought back to create jobs here.</p>
<p>But that may be too much to ask of Mr. Bishop before November. So here&#8217;s a better idea. Step down, and let someone who has actually created jobs take your place.</p>
<p>&nbsp;</p>
<p>That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
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		<item>
		<title>Some Schooling for Reverend Obama</title>
		<link>http://libertyslifeline.com/2012/02/03/some-schooling-for-reverend-obama/</link>
		<comments>http://libertyslifeline.com/2012/02/03/some-schooling-for-reverend-obama/#comments</comments>
		<pubDate>Fri, 03 Feb 2012 15:34:42 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
				<category><![CDATA[2012 Election]]></category>
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		<category><![CDATA[Parable of the Good Samaritan]]></category>
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		<guid isPermaLink="false">http://libertyslifeline.com/?p=4619</guid>
		<description><![CDATA[&#160; While wiping his feet on the First Amendment by trying to force Catholic institutions to bend to his will and force them to provide services that go against their core beliefs, President Obama took time to lecture us on the Bible, and twist it to fit his reelection campaign. This outrage doesn&#8217;t get a [...]]]></description>
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<p>&nbsp;</p>
<p>While wiping his feet on the First Amendment by trying to force Catholic institutions to bend to his will and force them to provide services that go against their core beliefs, President Obama took time to lecture us on the Bible, and twist it to fit his reelection campaign. This outrage doesn&#8217;t get a pass.</p>
<p><span id="more-4619"></span></p>
<p><strong>The Bible Supports Obama&#8217;s Tax Plan</strong></p>
<p>Obama tried to use the bible verse about from those who have been given much, much is expected, as a call from God to pay more taxes. To follow the Buffett Rule, if you will. Here is the verse from Luke 12:48:</p>
<blockquote><p>When much has been given a man, much will be required of him.</p></blockquote>
<p>But the context is in terms of doing the master&#8217;s will, not paying taxes. When it comes to paying taxes, Jesus was asked specifically about it. Here is that passage:</p>
<blockquote><p>They sent some Pharisees and Herodians after him to catch him in his speech. The two groups came and said to him: &#8220;Teacher, we know you are a truthful man, unconcerned about anyone&#8217;s opinion. It is evident you do not act out of human respect but teach God&#8217;s way of life sincerely. Is it lawful to pay the tax to the emperor or not? Are we to pay or not to pay?&#8221; Knowing their hypocrisy he said to them, &#8220;Why are you trying to trip me up? Bring me a coin and let me see it.&#8221; When they brought one, he said to them, &#8220;Whose head is this and whose inscription is it?&#8221; &#8220;Caesar&#8217;s,&#8221; they told him. At that Jesus said to them, &#8220;Give to Caesar&#8217;s what is Caesar&#8217;s, but give to God what is God&#8217;s.&#8221; Their amazement at him knew no bounds <em>&#8211; Mark 12:1-17</em></p></blockquote>
<p>When asked specifically about taxes Jesus dismissed them, seeing the political trap. Jesus didn&#8217;t say let&#8217;s go to Rome and lobby for the least of our brothers. He didn&#8217;t say, you know, we need a new government program. He didn&#8217;t tell of the Good Samaritan, calling his Roman Senator to pass a new law to provide free health care for victims of highway robbery found laying in a ditch. He said we should take care of such things ourselves, not pass the buck to someone else. So instead of asking the rich like Romney to pay more in taxes, ask Joe Biden how much he gives of the public&#8217;s money, that he has been living off most of his adult life, to charity. See if Obama wants to brag about so-called Catholic Biden, giving an average of $1 a day to charity while pulling down a tidy six figure income. Since 2010, Romney gave $7 million to charity. What about the Obamas? Barack Obama and his wife Michelle gave $10,772 of the $1.2 million they earned from 2000 through 2004 to charities, or less than 1 percent. As former Louisiana Senator Russell Long famously said, &#8220;Don&#8217;t tax you, don&#8217;t tax me, tax that fellow behind the tree.&#8221; It is hypocrisy at its boldest. But then this president has never been shy.</p>
<p><strong>Wasted Gifts</strong></p>
<p>What should be embarrassing to Obama is that the passage he used really refers to him. Who has been given more than Obama?  He grew up in Hawaii, he got an Ivy League education, he has drawn a salary from the public trough as an Illinois state senator, a U.S. Senator, and President of the United States. What has he done with these gifts? We know he has played golf over ninety times, he has taken long vacations, he plays basketball every week, and rather than meeting with members of Congress he stonewalled them and then blames them for the state we are in. Let&#8217;s take the passage from Luke that Obama quoted and back it up a few verses:</p>
<blockquote><p>The Lord said, &#8220;Who in your opinion is that faithful, farsighted steward whom the master will set over his servants to dispense their ration of grain in season? That servant is fortunate whom his master finds busy when he returns.&#8221;</p></blockquote>
<p>It is not the rich who according to Obama do not pay enough taxes that the Bible refers to, but him, who was given bountiful gifts from God but squandered them. What would Jesus say to Illinois Senator Obama who opposed legislation that if a woman went to a hospital to have an abortion and if the child was actually born alive, the surviving child should be given all necessary medical care? Is that caring for the least of his brothers? Is that emulating the Good Samaritan? Is there no level to which Obama will not stoop to get himself reelected? America has had enough of this president. America deserves better.</p>
<p>&nbsp;</p>
<p>That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
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		<title>Tips for Newt and Mitt</title>
		<link>http://libertyslifeline.com/2012/01/30/tips-for-newt-and-mitt/</link>
		<comments>http://libertyslifeline.com/2012/01/30/tips-for-newt-and-mitt/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 16:41:17 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
				<category><![CDATA[2012 Election]]></category>
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		<guid isPermaLink="false">http://libertyslifeline.com/?p=4614</guid>
		<description><![CDATA[&#160; It&#8217;s time for Romney and Gingrich to step up their games with the fall in mind and stop slinging mud at each other. I&#8217;ll give Santorum and Paul a pass at this point as although they are trailing far behind, they are trying to stay on the high road and true to their beliefs. [...]]]></description>
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<p>&nbsp;</p>
<p>It&#8217;s time for Romney and Gingrich to step up their games with the fall in mind and stop slinging mud at each other. I&#8217;ll give Santorum and Paul a pass at this point as although they are trailing far behind, they are trying to stay on the high road and true to their beliefs.</p>
<p><span id="more-4614"></span></p>
<p><strong>Tips for Mitt</strong></p>
<p>It&#8217;s time to give up the ghost on RomneyCare. Okay, you were a govenor and states are sovereign and it looked like a good idea at the time. But your efforts to defend RomneyCare while attacking ObamaCare is one of the reasons that many conservatives don&#8217;t trust you. ObamaCare is largely resonsible for the birth of the Tea Party, the only birth that conservatives want associated with ObamaCare and Obama probably wishes it was an abortion instead. I think many conservatives would accept you saying, it appeared workable, no one had tried it before, states should be a laboratory for differnt approaches to governing, but this idea really didn&#8217;t work, and regardless of whether it worked or not, healthcare is not the constitutional responsiblity of the federal government. Then forcefully reitereate that you will end ObamaCare.</p>
<p>Everyone knows that politics is not beanbag. It is a full contact sport, but just be careful with taking things out of context to twist their meaning. There should be enough differences between you and Gingrich, to present your plans and let the people decide. Keep it clean, no hitting below the belt.</p>
<p><strong>Tips for Newt</strong></p>
<p>It&#8217;s time to put on your big boy pants. If you think Romney is tough, wait until you get in the ring with Obama. He will have no compunction about lying about your record. If your excuse for not doing as well in the last two debates is that you never stood next to someone on the same stage who lied about your record, you have a rude awakening coming. If most of your supporters are salavating to see you debate Obama and this is all it takes to knock you off your debating game, throw in the towel now, please!</p>
<p>You need to come clean on what you did for Freddie Mac. Obama is still blaming the economy on the Bush years and the terrible mess he was handed, the center of which was the housing meltdown. If you don&#8217;t put on the table exactly what your role was and what you were paid to do, Obama will have a field day saying, &#8220;For the past four years we have been trying to recover from the housing crisis, and do you really want to put someone in the White House who caused it? De we really want to go back there?&#8221; Newt, you have to get this out now and put it behind you if he can.</p>
<p><strong>It&#8217;s Obama and the Economy, Stupid</strong></p>
<p>If we don&#8217;t get Obama out of the White House, ObamaCare will be permanant. If you thought Obama had socialist leanings before, imagine what they will be if he no longer has to face the electorate? If the past three years haven&#8217;t been painful enough, what will happen with a Republican Congress and an Obama presidency? Obama will try to run on a &#8220;do-nothing&#8221; Congress this fall but that&#8217;s a tough sell with the Democrats in Control of the Senate, but if the Republicans take both chambers and Obama stonwalls for two years, he can make that argument in 2014, &#8220;It&#8217;s a Republican Congess and we are stonewalled. I need a Democratic Congress to work with.&#8221; We may see a reverse landslide to 2010. Let us not snatch defeat from the jaws of victory. This should be an easy election to win, if we don&#8217;t screw it up ourselves.</p>
<p>&nbsp;</p>
<p>That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
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		<item>
		<title>The Deadly Embrace: Gingrich and Romney</title>
		<link>http://libertyslifeline.com/2012/01/28/the-deadly-embrace-gingrich-and-romney/</link>
		<comments>http://libertyslifeline.com/2012/01/28/the-deadly-embrace-gingrich-and-romney/#comments</comments>
		<pubDate>Sat, 28 Jan 2012 20:38:27 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
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		<guid isPermaLink="false">http://libertyslifeline.com/?p=4607</guid>
		<description><![CDATA[&#160; If you ask conservatives what their number one priority is in the 2012 election, most will agree it is to unseat Barack Obama. Yet unless Rick Santorum can expand his base beyond social conservatives, Newt Gingrich and Mitt Romney may hand the election to Obama on a silver platter. When Newt Gingrich is good, [...]]]></description>
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<p>&nbsp;</p>
<p>If you ask conservatives what their number one priority is in the 2012 election, most will agree it is to unseat Barack Obama. Yet unless Rick Santorum can expand his base beyond social conservatives, Newt Gingrich and Mitt Romney may hand the election to Obama on a silver platter.</p>
<p><span id="more-4607"></span></p>
<p>When Newt Gingrich is good, he is very, very good, but when he is bad he is awful. Romney has not won the hearts and minds of conservatives because of some of his past positions, his fumbling when he should strongly be defending himself, and his personal tar baby, RomneyCare. In the last debate Santorum almost pleaded for a focus on the national issues, but it only took a moment for Gingrich and Romney to roll back into the mud.</p>
<p>Romney has not been able to break out of the 25% neighborhood, but he hasn&#8217;t much fallen below it either. Santorum, Romney, and Gingrich each have a win under their belts, but Romney has either been first or second in each contest, which the others can&#8217;t claim.</p>
<p>Gingrich can rightfully claim to have led the Republicans out of the wilderness that they languished in for forty years. He can rightly claim that he worked to reform welfare, balance the budget, cutting the capital gains tax, and has worked hard to strengthen conservative causes. He also has some good ideas on taxes. That is what he should run on.</p>
<p>On the flip side, he resigned from Congress when it was clear to him that his own party was not going to reelect him Speaker of the House. In 1997 there was an attempted &#8220;<a title="Attempted Republican Coup: Ready, Aim, Misfire" href="http://www.cnn.com/ALLPOLITICS/1997/07/21/time/gingrich.html" target="_blank">coup</a>&#8221; where several Republican leaders told Gingrich to step down or be voted out. Newt stood firm and prevailed, but after the 1999 election it was clear that he would not retain the Speaker&#8217;s gavel and he resigned. At the time Gingrich said, &#8220;I&#8217;m willing to lead but I&#8217;m not willing to preside over people who are cannibals.&#8221; On the one hand, Newt Gingrich through deft political skill got Bill Clinton to go along with welfare reform, balancing the budget and tax cuts which turned Clinton into a demigod among Democrats. On the other hand, his brinksmanship against Clinton, with the government shutdown and his handling of the impeachment, drove Republican approval ratings into the ground. Clinton was a masterful politician, so is Obama.</p>
<p><strong>The Dark Side</strong></p>
<p>In the nomination battle Gingrich has gone after Romney on some pretty bizarre points for a conservative. He has attacked him on being a free market capitalist. The super PAC that backs Gingrich put out a hit piece that was so full of errors, even Gingrich said it should be corrected or pulled. But is attacking free market capitalism conservative?</p>
<p>He attacked Romney for his investments and for having foreign bank accounts when he knew, or should have known that Romney&#8217;s investments were in a blind trust. For those who don&#8217;t know what a blind trust is, here&#8217;s a definition.</p>
<blockquote><p>A financial arrangement in which a person, such as a high-ranking elected official, avoids possible conflict of interest by relegating his or her financial affairs to a fiduciary who has sole discretion as to their management. The person choosing the trust also gives up the right to information regarding the status of the assets.</p></blockquote>
<p>The key point is that Romney &#8220;gives up the right to information regarding the status of the assets.&#8221; How can Newt attack him on his investments if Romney has no control or knowledge over them? So Newt either knew this and hoped no one would notice, or he didn&#8217;t bother to find out. Romney seems be more on top of his game, because in the debate when Newt attacked him on investments in Fannie Mae and Freddie Mac, Romney shot right back that Newt had similar investments. Oops! Who would you rather have in the Oval Office, the guy who does his homework, or the guy who shoots from the hip?</p>
<p>The latest attack from Gingrich out today concerns Medicare fraud at a company called Damon Corporation. Damon was involved in Medicare fraud to the tune of about $25 million between 1988 and 1993. Bain Capital acquired Damon in 1989, while Romney was running Bain and he sat on the board of Damon. So according to the timeline Damon was already fraudulently filing Medicare claims before Bain bought them.</p>
<p>When tipped off by whistleblowers an investigation was started and Damon ultimately paid a fine of $116 million. Romney was never charged with any wrongdoing. So what is the point of Gingrich&#8217;s ad? Why are Democrats and unions running similar ads to Gingrich&#8217;s? This is not a new discovery. It was brought up when Romney ran for Governor in 2002 and a Google search finds a similar reference on a Huckabee blog in 2008. Romney said he learned of the issue and took steps to deal with it, <a title="The Story Behind Romney, Medicare Fraud, and the Latest SuperPAC 'Movie'" href="http://abcnews.go.com/blogs/politics/2012/01/the-story-behind-romney-medicare-fraud-and-the-latest-superpac-movie/" target="_blank">prosecutors </a>disagreed. More facts will certainly come out in the next few days, but it seems that Gingrich is writing Obama&#8217;s campaign playbook. It&#8217;s one thing for the Democrats to raise these petty issues, but it gives them a whiff of credibility if they can show clips of prominent Republicans mouthing the same charges.</p>
<p>The focus for both of them should be the guy in the White House. For Romney it&#8217;s about making the case that he is a reformed moderate and he has moved away from those positions and how he has to convince conservatives of that and of Republicans that he can beat Obama.</p>
<p>For Gingrich, he has to prove that he is not a flip-flopper between pro-free market or anti-free market; between government solutions or government being the problem; about creating an environment for success or demonizing success; about being pro-cap and trade or against the global warming hoax; about endorsing liberal Republican candidates because they can win or backing the most conservative, electable candidate.</p>
<p>I took up commenting on the political scene just before the last presidential election. I don&#8217;t want to try to survive another four years of Barack Obama. It will be no consolation to say,&#8221;Yeah, but do you remember how Gingrich ripped up John King of CNN?&#8221; Retiring Obama is job one.</p>
<p>&nbsp;</p>
<p>That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
<p>&nbsp;</p>
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		<title>What&#8217;s the Buffett Rule on Spending and Investing?</title>
		<link>http://libertyslifeline.com/2012/01/27/whats-the-buffett-rule-on-spending-and-investing/</link>
		<comments>http://libertyslifeline.com/2012/01/27/whats-the-buffett-rule-on-spending-and-investing/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 13:46:49 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
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		<guid isPermaLink="false">http://libertyslifeline.com/?p=4600</guid>
		<description><![CDATA[&#160; President Obama, always on the campaign trail, is now on the road trying to explain why his class warfare strategy is not class warfare. In his State of the Union address, he once again invoked the &#8220;Buffett Rule&#8221;, which is little more than a fig leaf to allow Obama to raise taxes. But what [...]]]></description>
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<p>&nbsp;</p>
<p>President Obama, always on the campaign trail, is now on the road trying to explain why his class warfare strategy is not class warfare. In his State of the Union address, he once again invoked the &#8220;Buffett Rule&#8221;, which is little more than a fig leaf to allow Obama to raise taxes. But what about some other &#8220;Buffett Rules&#8221;?</p>
<p><span id="more-4600"></span></p>
<p><strong>Spending</strong></p>
<p>What is the Buffett Rule on spending? Does Warren Buffett agree with President Obama that we should spend 150% of what we take in? Did Warren Buffett become one of the richest men on the planet by spending 150% of what he takes in and borrowing the shortfall? I think Buffett&#8217;s counsel would be to live within our means; don&#8217;t spend more than you take in, but I didn&#8217;t hear President Obama invoke the &#8220;Oracle of Omaha&#8221; when he submitted his budget to the Senate that was voted down 97-0. I didn&#8217;t hear Obama mention spending at all other than to say some nonsense about cutting spending by $2 trillion over ten years. At the rate we are going that level of spending &#8220;cuts&#8221; will mean we are $8 trillion deeper in debt ten years from now rather than $10 trillion. We need to cut $1 trillion in spending next year. So let&#8217;s hear what Buffett has to tell Obama about spending.</p>
<p><strong>Investing</strong></p>
<p>Warren Buffett is regarded as a masterful investor. What&#8217;s the Buffett Rule on investing? President Obama took credit for saving the auto industry. Really? If that is his idea of a good investment why does the price of GM stock have to rise to $52 before the American people&#8217;s investment to break even? GM stock is currently trading around $25. How many people are expecting GM&#8217;s stock to double in the near future? Or is it more likely that union contracts will once again, drag GM beneath the waves? My research indicates that Warren Buffett does not hold any GM stock. I wonder why? I do know that Warren Buffett made a very tidy profit by investing in Goldman Sachs. Meanwhile American taxpayers, you know, the ones who are under taxed, bailed out that company and many others. How much did Buffett invest in Solyndra? How much money is Warren Buffett investing in high-speed rail in California? Why should the American people believe that someone who has never held a job in private industry (Obama) is suddenly the smartest venture capitalist in America? How big of a portfolio do the real venture capital firms put in the hands of new hire fresh out of college? But this president takes billions of our tax dollars and squanders them on his pet projects and then lectures us how we need to invest in our future when they go belly up. When is Warren Buffett going to tell him to stop?</p>
<p><strong>The Buffett Rule on Taxes</strong></p>
<p>At the State of the Union address we were introduced to the famous secretary of Warren Buffett. She&#8217;s the poor woman who pays a higher tax rate than Mr. Buffett on her income. It is estimated that the poor dear makes between $200,000 and $500,000, otherwise she would not be paying double the tax rate of Buffett. That could put her solidly in the top 1% of earners in the country, if she is at the high-end of that range (the top 1% is earnings above $343,000). So Barack Obama actually lamenting that the top 1% is over taxed? Of course not. It is not about who is paying too much, it is about who is not paying enough.</p>
<p>The problem is spending, plain and simple. There are not enough rich people in America, even if taxed at 100% to close the budget gap. What Obama is doing is class warfare. Let&#8217;s get people angry enough at the wealthy so that Obama can then link the wealthy to the Republicans and sneak back into a second term.</p>
<p>If Obama thinks he is playing by the rules, Buffett&#8217;s rules, then he should at least play by all of them.</p>
<p>&nbsp;</p>
<p>That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
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		<title>Keystone: Obama the Job Killer Strikes Again</title>
		<link>http://libertyslifeline.com/2012/01/19/keystone-obama-the-job-killer-strikes-again/</link>
		<comments>http://libertyslifeline.com/2012/01/19/keystone-obama-the-job-killer-strikes-again/#comments</comments>
		<pubDate>Thu, 19 Jan 2012 16:29:45 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
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		<guid isPermaLink="false">http://libertyslifeline.com/?p=4593</guid>
		<description><![CDATA[&#160; They are still using the same tired rhetoric, about inheriting the worst economic calamity since the Great Depression. The truth is that the worst economic calamity since the Great Depression is the Obama administration. Barack Obama stands with Herbert Hoover as the only presidents with negative job growth during their administrations. As if stuck [...]]]></description>
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<p>&nbsp;</p>
<p>They are still using the same tired rhetoric, about inheriting the worst economic calamity since the Great Depression. The truth is that the worst economic calamity since the Great Depression <em>is </em>the Obama administration. Barack Obama stands with Herbert Hoover as the only presidents with negative job growth during their administrations. As if stuck in the 1930s, Obama dusted off FDR&#8217;s playbook, since he had no personal executive experience to draw on, and that playbook didn&#8217;t work then and it&#8217;s not working now.</p>
<p><span id="more-4593"></span>So along comes an opportunity for a major &#8220;shovel ready&#8221; project, backed by unions, that can create thousands of jobs, move us closer to energy independence, help us depend less on getting oil from Middle East despots, and what does Obama do? He kills it. What he wanted to do, was defer a decision on this until after the election, eleven months away. He wanted to do what he does best, vote &#8220;present&#8221;.</p>
<p>Congress, particularly the Republicans who seem to be the only adults working on Capital Hill, included a provision in the payroll tax holiday extension, to make a decision within sixty days. People are hurting, gas prices are creeping up, unemployment benefits have been extended to extraordinary lengths, and this incompetent president says that sixty days was not enough time to review the proposal so he had to, sadly, reject it. Perhaps if he hadn&#8217;t played all those rounds of golf, perhaps if he had studied it a little closer instead of spending all that time in Hawaii, perhaps if he put this job creating proposal on the top of the EPA&#8217;s to-do list instead of their focusing on the job killing regulations to limit power plant emissions, he would have gotten his job done. But no, sorry, I don&#8217;t have my homework, teacher, I dunno, I forgot, my dog&#8230;. Enough!</p>
<p>Let China make an oil deal with Canada. We can always buy the oil back from them at a premium. Why not, they probably don&#8217;t have enough of our dollars as it is now. Why not give them more? This president is making decisions that will cobble together a coalition of supporters to get him reelected. This is about appeasing the environmental movement so that they won&#8217;t abandon him.</p>
<blockquote><p>At an event in Ottumwa, Iowa, on Dec. 31, Rick Santorum mocked the idea that the pipeline posed the threat of environmental damage, noting that there were already many other pipelines in the area it would go through. “This is just, again, pandering to radical environmentalists who don’t want energy production, who don’t want us to burn more carbon,” Mr. Santorum said.</p></blockquote>
<p>The State Department, which has authority over this since it goes between us and Canada, &#8220;<a title="Rejecting PIpeline Proposal, Obama Blames Congress" href="http://www.nytimes.com/2012/01/19/us/state-dept-to-put-oil-pipeline-on-hold.html?nl=todaysheadlines&amp;emc=tha23">said there was not enough time to draw a new route for the pipeline and assess the environmental harm</a>.&#8221; Bullfeathers. It&#8217;s a 1700 mile pipeline. The area in question is a fraction of that length. Agree to the pipeline, get started hiring people and building it in areas not in dispute, and work to resolve the section in question. But unless it is killed, Obama risks losing the green vote and what is more important, America or Obama&#8217;s reelection?</p>
<p>I&#8217;d like to ask my Congressman, Tim Bishop, to weigh in. What do you have to say about this, Tim? Or are you too busy manufacturing your own campaign issue around outsourced phone center jobs. If jobs are really important to you, you would stand up and challenge Obama for killing an opportunity for good, high paying, union jobs in America. On the other hand you can stay silent, not challenge President Obama&#8217;s error and risk his ire and possibly lose campaign funds and support. So what do you stand for, Tim? Putting America first or putting your interests right up there with President Obama&#8217;s and above America&#8217;s.</p>
<p>&nbsp;</p>
<p>That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
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		<title>Most People Like to Fire the Same People Romney Does</title>
		<link>http://libertyslifeline.com/2012/01/11/most-people-like-to-fire-the-same-people-romney-does/</link>
		<comments>http://libertyslifeline.com/2012/01/11/most-people-like-to-fire-the-same-people-romney-does/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 13:41:02 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
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		<description><![CDATA[&#160; I find it extremely disappointing that so-called conservatives have jumped on Mitt Romney about a comment he made about firing people. Newt Gingrich, Rick Perry and some others took the comment entirely out of context to score some cheap political points. In their attack from the left they are writing the script for Obama, [...]]]></description>
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<p>&nbsp;</p>
<p>I find it extremely disappointing that so-called conservatives have jumped on Mitt Romney about a comment he made about firing people. Newt Gingrich, Rick Perry and some others took the comment entirely out of context to score some cheap political points. In their attack from the left they are writing the script for Obama, should Romney win the nomination. I can see Ronald Reagan shake his head and mutter, &#8220;Did I teach you nothing?&#8221;</p>
<p><span id="more-4573"></span></p>
<p>If you listen to Romney&#8217;s comments in context, they are perfectly reasonable and I know of no reasonable person who would disagree with him. He was talking about a better way of delivering healthcare. Here is what he said.</p>
<p style="text-align: center;">
<p><a href="http://www.youtube.com/watch?v=pSddioKBp9o">http://www.youtube.com/watch?v=pSddioKBp9o</a></p>
</p>
<p style="text-align: left;">How many of you are shocked and disgusted with those comments? Who wouldn&#8217;t want the ability to fire a service provider who is giving you lousy service? With ObamaCare, you will not have a choice. It will be government-run healthcare for all and we all know how hard it is to fire the government.</p>
<p style="text-align: left;">To turn these remarks into Rick Perry&#8217;s &#8220;vulture capitalism,&#8221; and Newt Gingrich&#8217;s &#8220;predatory capitalism,&#8221; is shameful. It&#8217;s about ObamaCare, stupid. I want to fire Obama and I would <em>like</em> to do so as soon as possible. If I could recall him along with the Chevy Volt he supported with our tax dollars and he was filmed driving, I would <em>gladly </em>do so.</p>
<p style="text-align: left;">I do not think Romney is a strong conservative and I am having a hard time liking him as the Republican nominee. But Gingrich has dropped the mask of the genial Uncle Newt and has revealed the Nasty Newt that so many who worked with him in Congress give as the reason they can&#8217;t back him. Perry has stumbled and fumbled his way to irrelevancy. He should pack up his tent and go back to Texas. With Republicans like this why have an election?</p>
<p style="text-align: left;">That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
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		<title>In the Midst of Economic Weakness Tim Bishop Thinks It&#8217;s Time to Start a Trade War</title>
		<link>http://libertyslifeline.com/2012/01/09/in-the-midst-of-economic-weakness-tim-bishop-thinks-its-time-to-start-a-trade-war/</link>
		<comments>http://libertyslifeline.com/2012/01/09/in-the-midst-of-economic-weakness-tim-bishop-thinks-its-time-to-start-a-trade-war/#comments</comments>
		<pubDate>Tue, 10 Jan 2012 02:09:28 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
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		<guid isPermaLink="false">http://libertyslifeline.com/?p=4560</guid>
		<description><![CDATA[&#160; The Democrats are nothing if not persistent. After trying to hang this dismal economy on President Bush while the Obama administration repeats every mistake from the Great Depression to create their own version, Tim Bishop says let&#8217;s go all in! After spending so much as to add more to the national debt than all [...]]]></description>
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<p>&nbsp;</p>
<p>The Democrats are nothing if not persistent. After trying to hang this dismal economy on President Bush while the Obama administration repeats every mistake from the Great Depression to create their own version, Tim Bishop says let&#8217;s go all in!</p>
<p><span id="more-4560"></span></p>
<p>After spending so much as to add more to the national debt than all previous presidents combined, all to no effect, why not move on to the next disaster of the Great Depression, a trade war. In the Great Depression it was the Smoot-Hawley tariffs. Today we have Tim Bishop looking to attack call centers in India and the Philippines. With allies like us, who needs enemies?  The governments in India and the Philippines are cranking up the diplomatic channels to stop Bishop&#8217;s bill. It will be interesting to see how Secretary of State Hillary Clinton will react. I doubt she will be saying, &#8220;Thanks, Tim!&#8221;</p>
<p>The man who has spent his entire career in academia and government had this to say on the news of the diplomatic activity:</p>
<blockquote><p>&#8220;Frankly, the fact that both the Indian government and the Filipino government are reacting like this says that our bill is very badly needed,&#8221; he said. Most of the call center jobs lost in the U.S. are &#8220;sent primarily to India and the Philippines. So I hope [the bill] does have an impact.&#8221;</p></blockquote>
<p>Did I read that right? Legislation is badly needed to provoke our allies? Don&#8217;t we need India as a counterbalance to Pakistan? Wasn&#8217;t it Obama who came to office saying he was going to make nice with everyone around the world and apologize for that cowboy Bush&#8217;s behavior? Didn&#8217;t Tim Bishop get the memo? Here is some more Bishop deep thinking.</p>
<blockquote><p>In addition to making them ineligible for federal loans, the call center bill would place stiff mandates on companies that chose to outsource their call centers. Customer service reps working in those companies&#8217; call centers overseas would be required to disclose their locations when asked by American callers, as well as provide callers with the option of being transferred to a call center in the U.S. &#8212; stipulations likely aimed at pleasing constituents who are <a title="Call-Center Workers Far More Patient than Callers: Study" href="http://www.huffingtonpost.com/2011/04/27/call-center-workers-patience_n_854398.html" target="_blank">tired of dealing</a> with customer service reps based in other countries.</p></blockquote>
<p>Although I am sure most of my regular readers can see right through that, let me reveal the devilishly clever thinking of Mr. Bishop. By requiring that call centers provide the option of being transferred to a call center in the U.S., companies would basically have to have two call centers, thereby eliminating any savings. Mr. Bishop seems to believe that companies will gladly force bad service on customers to save some money regardless of any complaints. How does that explain how Dell Computer moved some of its call centers back to the U.S. in 2004 when the quality couldn&#8217;t keep up with the company&#8217;s growth. But who should make that decision, the CEO or Dell or Tim Bishop?</p>
<p>Why is Tim Bishop, a Congressman from Eastern Long Island, the driving force behind this? Are there a lot of call centers in his district that are moving overseas? None that I could find. It&#8217;s all about politics. Tim Bishop is facing a tough reelection battle and he is afraid to run on his record. So he needs to drum up an issue. He squeaked by his last reelection by accusing his opponent of being an outsourcer. It worked last time, so let&#8217;s fire up that old chestnut and see if it&#8217;s got legs. Don&#8217;t let the free market decide, don&#8217;t worry if it damages relations with our allies. It makes the Communications Workers of America union happy and isn&#8217;t that what&#8217;s really important?</p>
<p>I have a better idea. Why don&#8217;t we approach Tata Motors, the Indian automobile company that now owns Jaguar and Land Rover and get them to build factories in the U.S.? We can outsource low paying call center jobs to them while they outsource high paying manufacturing jobs to us. It makes economic sense, but then again, that won&#8217;t help Tim Bishop get reelected, will it? Oh, well.</p>
<p>&nbsp;</p>
<p>That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
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		<title>Tim Bishop Doesn&#8217;t Worry About Paying for Payroll Tax Holiday</title>
		<link>http://libertyslifeline.com/2011/12/30/tim-bishop-doesnt-worry-about-paying-for-payroll-tax-holiday/</link>
		<comments>http://libertyslifeline.com/2011/12/30/tim-bishop-doesnt-worry-about-paying-for-payroll-tax-holiday/#comments</comments>
		<pubDate>Fri, 30 Dec 2011 21:09:08 +0000</pubDate>
		<dc:creator>Bill O'Connell</dc:creator>
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		<guid isPermaLink="false">http://libertyslifeline.com/?p=4536</guid>
		<description><![CDATA[&#160; In his recent telephone town hall meeting, Tim Bishop expressed his support for the continued payroll tax holiday but making it clear that it would have no impact on the Social Security Trust Fund. Money for Social Security would continue to go into the trust fund from other sources. What other sources you might [...]]]></description>
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<p>&nbsp;</p>
<p>In his recent telephone town hall meeting, Tim Bishop expressed his support for the continued payroll tax holiday but making it clear that it would have no impact on the Social Security Trust Fund. Money for Social Security would continue to go into the trust fund from other sources. What other sources you might ask? I may have an answer for you.</p>
<p><span id="more-4536"></span></p>
<p>In an <a title="Fannie, Freddi to raise g-fees in April" href="http://www.housingwire.com/2011/12/29/freddie-fannie-to-raise-g-fees-in-april">article </a>in <em>HousingWire </em>magazine, the author points out that:</p>
<blockquote><p>The <strong>Federal Housing Finance Agency</strong> will increase guarantee fees on single-family mortgage-backed securities charged by the government-sponsored enterprises by 10 basis points effective April 1, 2012, in response to the new funding mechanism for the payroll tax cut extension passed by Congress.</p></blockquote>
<p>So it seems that the Social Security Trust fund will get its money from Fannie Mae and Freddie Mac, or more accurately, from new home buyers. So for a two month extension of the payroll tax holiday that will prevent taxpayers from paying an additional $130 into the Social Security Trust Fund, that everyone expects to get back anyway, new home buyers will have to pay thousands in new fees.</p>
<blockquote><p>The g-fee increase will remain in effect through Oct. 1, 2021. The <strong>Congressional Budget Office </strong>estimated the g-fees would offset about $35.7 billion in the costs of the tax cut. <strong>Mortgage Bankers Association</strong> CEO David Stevens said the increase could mean an extra $4,000 in fees on a $200,000 mortgage.</p></blockquote>
<p>One of the problems facing Long Island is affordable housing. Our young people are leaving Long Island for areas were there is a larger rental stock that they can start out in, rather than living in mom and dad&#8217;s basement, and where they can afford to buy a house after saving a down payment for a couple of years. Apparently for the benefit of a political talking point Tim Bishop votes to slam an already weak housing marking with additional fees. After all who can really call a two month anything sound fiscal policy? Notice there is no spending cut mentioned here, it is an increase in taxes and fees. This is what Tim Bishop was telling his constituents not to worry about in his town hall meeting? What will become of his district, if nobody lives here but retirees? Is that his plan to solve the unemployment problem? Drive enough young people away until the number of jobs fits the remaining population?</p>
<p>The problem is spending. It was only last week that Joe Biden was attacking Mitt Romney&#8217;s policies by saying:</p>
<blockquote><p>&#8220;His proposal would actually double down on the policies that caused the greatest economic calamity since the Great Depression and accelerated a decades-long assault on the middle class,&#8221; Biden added.</p></blockquote>
<p>Decades long assault on the middle class? I guess he means you too, Bill Clinton. The greatest economic calamity since the Great Depression has been the Obama administration and if he were to get reelected it would finish America off. We have had the worst consistent unemployment since the Great Depression for the entire Obama administration. We have had the worst record of job creation, loss actually, since Herbert Hoover. The National Bureau of Economic Research says the recession ended in June of 2009. Does it feel like it to you? Most recoveries from economic downturns are mirror images of the slump. A gradual recession is followed by a gradual recovery; a sharp downturn is followed by a sharp upswing. Not this time. Just look at the job creation record of Team Obama.</p>
<p><a href="http://libertyslifeline.com/wp-content/uploads/2011/12/Recession-Time-to-Employmen.jpg"><img class="aligncenter size-full wp-image-4538" title="Recession-Time-to-Employmen" src="http://libertyslifeline.com/wp-content/uploads/2011/12/Recession-Time-to-Employmen.jpg" alt="" width="600" height="390" /></a></p>
<p>This chart goes all the way back to Harry Truman and Obama&#8217;s performance stands alone.  Let&#8217;s put to rest the &#8220;eight years of failed Bush policy, yada, yada, yada&#8221; and face the fact that Obama and his spending, heavy-handed regulations, and insatiable appetite to fix everything by taxing more has put us into an economic winter. Tim Bishop has happily ignored the needs of his constituents to buy favor from the Democratic leadership and their special interest pals. They have done an awful job and we need to turn them out, before they turn us into Greece.</p>
<p>&nbsp;</p>
<p>That&#8217;s my opinion; I&#8217;d like to know yours. Please comment below.</p>
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