Obama family cost $1.4B last year???

OBAMA AND STAFF COST TAXPAYERS $1.4B IN EXPENSES…

Now four more years of this???

About That “Taxpayers Spent $1.4 Billion on Obama Family Last Year” Fake Outrage

Gus

Wingnuts • 9/28/12 5:30:06 pm • Views: 38,377

Today’s wingnut outrageous outrage began at Tucker Carlson’s Daily Caller, in an article by Alex Pappas titled:

“Taxpayers spent $1.4 billion on Obama family last year, perks questioned in new book.”

Taxpayers spent $1.4 billion dollars on everything from staffing, housing, flying and entertaining President Obama and his family last year, according to the author of a new book on taxpayer-funded presidential perks.

In comparison, British taxpayers spent just $57.8 million on the royal family.

Author Robert Keith Gray writes in ‘Presidential Perks Gone Royal’ that Obama isn’t the only president to have taken advantage of the expensive trappings of his office. But the amount of money spent on the first family, he argues, has risen tremendously under the Obama administration and needs to be reined in.

Gray told The Daily Caller that the $1.4 billion spent on the Obama family last year is the ‘total cost of the presidency,’ factoring the cost of the ‘biggest staff in history at the highest wages ever,’ a 50 percent increase in the numbers of appointed czars and an Air Force One ‘running with the frequency of a scheduled airline.’

This flagrant display of Obama Derangement Syndrome, of course, led to a flurry of activity on Twitter which was brought to my attention by LGF member Alouette. It begins with Donald Trump:

Donald J. Trump✔@realDonaldTrump

Brits spent $57.8M on the royal family. Obamas cost us $1.4B in expenses--including entertainment http://thedc.com/P9pDX2 Living large on us.

How to fix the economy...

Fixing the Economy

I can’t believe all the Harvard Economists and financial advisors in government can’t come up with a plant to stimulate the economy. Are they really that dumb? Never give rich bankers hundreds of billions of dollars and expect it to trickle down to the private sector. Rich people have hundreds of years of experience hiding money. I am convinced that they intentionally want to sabotage the economy.

The solution is we need more money at the bottom of the pyramid.

1.      If the government gave $300,000 (this is approximately the same amount they gave to the big banks) to everyone with a business license they would put the money in the small banks and there would be no banking crises.

2.      Under the fractional reserve system of banking the banks would loan out ten time that amount to loan out to people to expand their business and buy homes. People wouldn’t be loosing their homes. There would be no housing crises.

3.      The businesses would hire more employees so there would be little or no unemployment. There would be no employment crises.

4.      Increased production of food and commodities would make everything more affordable for everyone. Our standard of living would go up. The economic crises would be gone.

5.      The government would get all the money back in two years with income taxes. Instead the government has a 200-trillion debt obligation that can never be paid back. 


We have a foreign born president bought and paid for by George Soros and the Saudis. Instead of making life easier for people we are involved in several brush wars around the world to kill people and make arms manufacturers rich. 

Now the economy in shambles with the energy companies sucking the life blood out of everyone. Why are they doing this to us? Why are they intentionally trying to destroy this nation? 

SOCIAL SECURITY SCAM

SOCIAL SECURITY NOW CALLED 'FEDERAL BENEFIT        PAYMENT/ENTITLEMENT'

Have you noticed, your Social Security check is now referred to as a "federal benefit payment"?

I'll be part of the one percent, to forward this, our government gets away with way too much in all areas of our lives, while they live lavishly on their grossly overpaid incomes!            

KEEP passing THIS AROUND UNTIL EVERY ONE HAS READ IT.....

SOMETHING TO THINK ABOUT THE ONLY THING WRONG WITH THIS CALCULATION IS THEY FORGOT TO FIGURE IN THE PEOPLE WHO DIED BEFORE THEY COLLECTED THEIR SOCIAL SECURITY!!!! WHERE DID THAT MONEY GO?????????????

This was sent to me, I am forwarding it because it does touch a nerve in me.

This is another example of what Rick Perry called "TREASON in high places" !!! Get angry and pass this on!

Remember, not only did you contribute to Social Security but your employer did too. It totaled 15% of your income before taxes. If you averaged only $30K over your working life, that's close to $220,500.

If you calculate the future value of $4,500 per year (yours & your employer's contribution) at a simple 5% (less than what the government pays on the money that it borrows), after 49 years of working you'd have $892,919.98.

If you took out only 3% per year, you'd receive $26,787.60 per year and it would last better than 30 years (until you're 95 if you retire at age 65) and that's with no interest paid on that final amount on deposit! If you bought an annuity and it paid 4% per year, you'd have a lifetime income of $2,976.40 per month.

The folks in Washington have pulled off a bigger Ponzi scheme than Bernie Madehoff ever had.

Entitlement my butt, I paid cash for my social security insurance!!!! Just because they borrowed the money, doesn't make my benefits some kind of charity or handout!!

Congressional benefits ---- free healthcare, outrageous retirement packages, 67 paid holidays, three weeks paid vacation, unlimited paid sick days, now that's welfare, and they have the nerve to call my social security retirement entitlements?

We're "broke" and can't help our own Seniors, Veterans, Orphans, Homeless.

In the last months we have provided aid to Haiti, Chile , and Turkey. And now Pakistan ......home of bin Laden. Literally, BILLIONS of DOLLARS!!!

Our retired seniors living on a 'fixed income' receive no aid nor do they get any breaks while our government and religious organizations pour Hundreds of Billions of $$$$$$'s and Tons of Food to Foreign Countries!

They call Social Security and Medicare an entitlement even though most of us have been paying for it all our working lives and now when it’s time for us to collect, the government is running out of money. Why did the government borrow from it in the first place? Imagine if the *GOVERNMENT* gave 'US' the same support they give to other countries.

Sad isn't it 99% of people won't have the guts to forward this.

I'm one of the 1% -- I Just Did.

WHY AMERICA IS GOING DOWN THE TUBES

Twenty. Six. TRILLION. Dollars.

Here is a small part of the letter where Congressman   Alan Grayson spells it all out to John Hively, “The World’s Most Accurate   Economic Forecaster Since 1989”.

Full Letter here > http://johnhively.wordpress.com/2011/12/05/breakdown-of-the-26-trillion-the-federal-reserve-handed-out-to-save-rich-incompetent-investors-but-who-purchase-political-power/

CONGRESSMAN GRAYSON: I   wouldn’t want anyone to think that I’m dramatizing or amplifying what this GAO   report says, so I’m just going to list some of my favorite parts, by page   number.

Page 131 – The total lending for the Fed’s “broad-based   emergency programs” was $16,115,000,000,000. That’s right, more than $16   trillion. The four largest recipients, Citigroup, Morgan Stanley, Merrill   Lynch and Bank of America, received more than a trillion dollars   each.

The 5th largest recipient was Barclays PLC. The 8th was   the Royal Bank of Scotland Group, PLC. The 9th was Deutsche Bank AG. The 10th   was UBS AG. These four institutions each got between a quarter of a trillion   and a trillion dollars. None of them is an American bank.

Page 205 – Separate and apart from these “broad-based   emergency program” loans were another $10,057,000,000,000 in “currency swaps.”   In the “currency swaps,” the Fed handed dollars to foreign central banks, no   strings attached, to fund bailouts in other countries….

These currency swaps and the “broad-based emergency   program” loans, together, totaled more than $26 trillion. That’s almost   $100,000 for every man, woman, and child in America.

That’s an amount equal to more than seven years of   federal spending — on the military, Social Security, Medicare, Medicaid,   interest on the debt, and everything else. And around twice America’s total   GNP….

If the Fed had extended $26 trillion in credit to the   American people instead of Wall Street, would there be 24 million Americans   today who can’t find a full-time job?

The results of the audit   were first   published on the morning of July 21, 2011.   read here> http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3

IT'S VERY DIFFICULT TO COMPREHEND THE DEPTH OF THE   FRAUD

The initial figure of 16 trillion that jumped out of the   Federal Reserve audit is more money than all the goods   and services produced by every single person in the United   States -- for any given year.

It is greater than the entire amount of debt ever racked   up by the United States in its 235-year history as well.

The 2010 Census estimated there   are 114,825,428 households in   the US. Sixteen trillion dollars in secret bailouts adds up   to 139 thousand and 342 dollars per   household.

The full figure of 26 trillion adds up to   nearly a quarter million dollars per   household – $226,430.68 to be   exact.