Inflated Political GDP Numbers from the White House

The Wizard of Oz is trying desperately to get the public to not look behind the curtain but some of us mostly Libertarians we just can’t keep from peaking behind that curtain. The Federal Reserve released the latest Federal Government Current Receipts (FGRECPT), Quarterly, Seasonally Adjusted Annual Rate = translation = the amount of money the federal government raked into its greedy little coffers. The $2,229.8 (billions of $$) for October of 2009 was up slightly from the previous quarter but down about 17% from the peak of 2,682.9 in July of 2007.

GDP from 07-2007 to 10-2009

The Federal Reserve also reported its GDP numbers and – surprise – they are positive. The GDP during the same period of time (07-07 to 10-09) went from $14,337.9 (billions of $$) to $14,453.8. A growth rate of about 0.8%. The peak GDP was recorded in July of 2008 at $14,546.7. So according to the White House the economy is close to full capacity or just about 0.6% off the peak in 2008. Does anyone feel like the economy is close to any peak? The Dow Jones certainly isn’t reflecting this new optimism. Caterpillar is reporting shy rocketing health care tax increases and doesn’t seem to be boasting of the good times. What’s up?

Of course we all know what is happening. The Wizard keeps distracting us but the answer is just too obvious for even the most childish among us to ignore. The government with the assistance of the Federal Reserve has blown up the money supply 157% in that same time frame. All the politicians are just hoping that wizard can keep Dorothy distracted until after November of 2010. The wizard is keeping the fire balls going and pretending like he is all powerful. I got news for that wizard. There isn’t a show in this universe that can keep that money bomb from crashing and exploding.

Take a look at all the politicians of the 2000’s. Take a really good long look at the leaders who led us to this crisis. Let’s expose a few of these vermin who sold out America.

Federal Tax Receipts from 07-2007 to 10-2009

The members of the Black Congressional Congress, Maxine Waters, Bobby Rush, Sheila Jackson Lee, Barbara Lee, Charles B. Rangel and so forth. All 39 or 40 of them. All pimping the Community Reinvestment Act. All playing on white guilt for nothing more than pure corruption and greed. All in lockstep with the redistribution of wealth to the Democratic Party and its members. Under the definition of being in political lockstep in the dictionary there should be a picture of the Black Congressional Caucus. All a bunch of progressive mindless zombies barking like dogs when told to by the white Robert “KKK” Bird, Nancy Pelosi and Harry Reid. A bunch of dumb dogs doing what the master told them to do.

George Bush 43. Could there have been a more disastrous president to lead America during this time? Well yes Al Gore would have been worse but maybe Al would have hesitated to go into Iraq. Bush may well go down as a great war time president and he probably deserves the title but the guy after the tax cuts just totally and completely dropped the ball on personal liberties and economics. Bail outs, ineffectually trying to regulate Fannie Mae and Freddie Mac, Patriot Act all undermined this country. The Democrats listed above had a lot to do with it but when it counted, 2008, Bush caved like a house of cards. No bail outs no Morgan Stanley, AIG, Goldman Sacks, Citibank and the rest of the tarnished political players trying to scam the system. No homeowner bail out and the housing market would be cleared by now. The country would have saved at least a trillion off the national debt and the country would be in much better shape economically today if Bush would have taken his reckless spending medicine in 2008.

Monetary Base from 07-2007 to 2010. This is not normal folks

The Republicans in congress and the senate who undercut Bush or had no backbone. John McCain and that creep Lindsey Graham come to mind. John “two faced” McCain always running over to the democrats every time a controversial bill came up so he could be a “Maverick” and a “Moderate” to the country. No John you are just a progressive traitor who stabbed the Republicans in the back because you had a personal vendetta against them. You were a tool to the democrats who helped you get your need for revenge against Bush and the Republicans you so detest. Well you got your revenge. Was it worth it?

Lindsey Graham another backstabber looking to be a “moderate” while pretending to be so smooth and intellectual. Earth to Lindsey we know who you are and your act is getting old. We all watch Glen Beck is now and we can see a progressive a mile away. You can go home now and change your party affiliation to democrat or backstabber. We don’t care.

John Boehner the Republican Minority Leader during 2008 and the bail outs. Simply put he is suppose to implement what his party wants. Bush told him to support the bail outs. The American people told him not to support the bail outs. That was real money John and a real world test of intestinal fortitude. You failed plain and simple. So funny hearing Republicans complaining about congress not listening to the will of the people during the health care debate. Where were John Boehner and the Republicans in the fall of 2008? Voting against the will of the people.

Let’s not forget Alan “1% Fed Funds Rate” Greenspan. The one guy who knew exactly what was going on (besides Peter Schiff) and did the opposite of what he was paid to do. He sold out like McCain most likely because of personal feelings of disgust for Bush.

These politicians and Federal Chairman will not be remembered kindly in the history books if freedom loving Americans can wrest control away from the communist “progressives” that currently inhabit the positions of power in all branches of government. Bush, McCain, Graham and Boehner all paved the way for Obama and the democrats to do whatever the hell they wanted to. Especially Bush 43 who led his party to a complete rout in the 2008 elections by his actions leaving the door to dictatorship wide open for the communist “progressives” to exploit. Now we have a Hugo Chavez wanna bee that is weak, intellectually challenged, has ego issues, and was abandoned by mom and dad, and hates white people in the White House. Fricking great assholes.

And most likely the “Magic Negro” will be in the White House when that Argentina designed money bomb explodes onto the scene. Here’s to you George Bush and the politicians of the 2000’s. You really made an impression on the working folks. Enjoy your gold coins in your retirement years and let the people pick up after your mess. You are useless and gutless.