Fact-Checking Bill Clinton
by
Dana Loesch
5 Sep 2012
Bill Clinton was off his game tonight in one of the longest nomination speeches in the history of humankind.
The former president began his DNC speech mocking the the very idea of self empowerment and individual success. After seeming to imply that he could work better with compromise than the man he was nominating, he launched into his trademark rhetoric:In Tampa, we heard a lot of talk about how the President and the Democrats don't believe in free enterprise and individual initiative, how we want everyone to be dependent on the government, how bad we are for the economy.
[...]
We Democrats think the country works better with a strong middle class, real opportunities for poor people to work their way into it and a relentless focus on the future, with business and government working together to promote growth and broadly shared prosperity. We think "we're all in this together" is a better philosophy than "you're on your own."
Unfortunately for Clinton, the facts work against him. Under Barack Obama, more people than ever before have been reduced to government dependency. Offering meager entitlements in exchange for a chunk of self sovereignty is not only bad for the economy, it's antithetical to the spirit with which America was founded.
Clinton tried to claim credit on behalf of the Democrats concerning jobs and touted his own record -- that wasn't possible without a Republican controlled-congress which passed welfare reform and balanced the budget in spite of him, not because of him.
Clinton attacked the tea party:
Unfortunately, the faction that now dominates the Republican Party doesn't see it that way. They think government is the enemy, and compromise is weakness.
I don't get it: either the tea party is dead or it's all-powerful and controls the GOP. If the Republican party is dominated by the tea party, why is their presidential candidate a moderate?
Clinton remarked that Obama has done wonders for our economy:
I like the argument for President Obama's re-election a lot better. He inherited a deeply damaged economy, put a floor under the crash, began the long hard road to recovery, and laid the foundation for a modern, more well-balanced economy that will produce millions of good new jobs, vibrant new businesses, and lots of new wealth for the innovators. Are we where we want to be? No. Is the President satisfied? No. Are we better off than we were when he took office, with an economy in free fall, losing 750,000 jobs a month. The answer is YES.Let's see:
- a $16 trillion-dollar debt
- 740k women driven from the workforce
- more Americans than ever on government assistance
- shrinking workforce
- devaluing the dollar
We're better off? Really? READ MORE
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Some Of The Really Bad Things That Could Happen If You Do Not Prepare For The Coming Economic Collapse
The Economic Collapse
Sept 5, 2012
Most people just assume that since things have always been a certain way that they will always be that way in the future. Most people just have blind faith that the people running our government and our financial system know exactly what they are doing and that they are doing their best to take care of us.
In fact, once upon a time I was fully convinced of that. When I was a kid I quickly realized that my elementary school teachers really didn’t have the answers, but I had total faith that those running society at the highest levels were “experts” that were looking out for our best interests. As time went on I kept progressing in my education, and by the time I was finished with law school I came to understand that none of our “experts” really know what they are doing, and they are definitely not looking out for our best interests. The blind are leading the blind and we all need to finally admit that the emperor is not wearing any clothes. Unfortunately, most Americans will repeat the mantra of “if that was true I would have heard about it on the news” until it is way too late. Most people are waiting for the “authorities” to tell them what to do instead of thinking for themselves. Sadly, time is rapidly running out and a lot of people are going to end up getting totally blindsided by what is coming.
The man in charge of our financial system, Federal Reserve Chairman Ben Bernanke, is not going to save our economy. He didn’t see the last financial crisis coming, and even after things started falling apart he continued to insist that housing prices would not go down and that we would not have a recession.
Well, it turned out that we had the worst housing crash and the worst recession since the Great Depression of the 1930s.
But still millions of Americans are trusting him to save us this time around.
It isn’t going to happen.
The truth is that the design of the Federal Reserve system itself is fundamentally flawed.
The biggest reason why the U.S. government is 16 trillion dollars in debt is because the system is designed to create gigantic amounts of government debt. READ COMPLETE STORY
$16,000,000,000,000
Ayer, la deuda nacional de Estados Unidos alcanzó los $16 billones. De la mano del presidente Barack Obama, la deuda ha aumentado un 50%, mientras que las promesas electorales se han ahogado una tras otra en un mar de gastos federales.
Cuando estaba optando a la presidencia, Obama condenó a George W. Bush por añadir $4 billones a la deuda nacional durante ocho años, tildándolo de algo “irresponsable” y “antipatriota”. Ahora, en menos de cuatro años, la administración Obama ha sumado ya casi $6 billones a la deuda. Eso quiere decir que está en camino de triplicar el aumento de la deuda durante los ocho años de Bush.
Es importante comprender la magnitud de este incremento de la deuda y qué significa eso para el país. Aunque a menudo se utilizan diversos términos para describir la deuda, estos no son intercambiables. Aquí tiene una guía rápida para la deuda de Estados Unidos.
Deuda nacional o “deuda bruta”, que acabar de pasar de los $16 billones: Esta incluye la que se entiende como deuda federal más la deuda intergubernamental: el dinero que el gobierno de Estados Unidos se ha prestado a sí mismo pasándolo de unas partidas del presupuesto a otras. Un ejemplo de deuda intergubernamental son las transferencias del fondo general al Seguro Social.
· El “techo de deuda” se aplica a esta medición de la deuda. A este ritmo, el techo se alcanzará de nuevo (lo que significa que el Congreso tendrá que actuar y probablemente elevará de nuevo el límite) quizás ya en noviembre de este año.
· La cifra de $16 billones ha sobrepasado el producto interior bruto (PIB) de Estados Unidos, la medición de todo lo que se produce en la economía.
· Desde que Obama ocupó el cargo, la deuda nacional se ha incrementado desde alrededor de $10.6 billones hasta más de $16 billones, un incremento del 50%.
· La deuda por cada contribuyente es de $111,414 y sumando.
Deuda de titularidad pública o “deuda sostenida públicamente”, que se sitúa en torno a los $11.3 billones: La deuda sostenida públicamente es la deuda comercializada de forma pública, de modo que se puede comprar y vender en los mercados de crédito. Esta no incluye los préstamos intergubernamentales mencionados anteriormente.
· Desde que Obama ocupó el cargo, la deuda sostenida públicamente ha aumentado desde alrededor de $6.3 billones hasta unos $11.3 billones, un incremento de cerca del 80%.
· Este total (y el incremento del 80%) es realmente lo más significativo, ya que el presidente Obama ha sumado más a la deuda sostenida públicamente que cualquier presidente anterior. READ MORE
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