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WALLACE: And it -- it becomes clear from your answer that you played a role in the decision for him to...
OBAMA:
No. No, no, no, no, no. I don't want to -- I don't want to mistake the
issue here. Tom made the decision here. He called me and indicated this
was his decision.
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I don't want to mistake the
issue? WTF does that mean? Oh. No teleprompter.
Sorry. Anyway, Chris Wallace is talking to Obama about the third tax cheat he tried to appoint to his cabinet, Tom Daschle. Here's the really good part.
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Ultimately, I have to take responsibility for a process that resulted in us not having a HHS secretary at a
time when people need relief from their health-care costs.
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And how does the Magic Negro think gummint can grant Health Care
relief? And how in hell was a political hack like Tom Daschle
going to help? This is an opportune time to snippet George Will's
column yesterday, Congress Will Have the Buffet
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President Lyndon Johnson, to make the deficit numbers during the
Vietnam War less scary, adopted the "unified budget," under which
Social Security's surplus was mingled with general revenue, thereby
reducing -- disguising, really -- the deficit's size. That, Cooper
says, was the "original sin" in the budgeting sleight of hand that
prevents the public from knowing, and Congress from being compelled to
act on, facts about the entitlement programs' unfunded liabilities --
promises to future beneficiaries that future taxpayers may not be
willing to keep.
... the 188-page 2008 Financial Report of the United States Government
-- the only government document that calculates what deficit and debt
numbers would be if the government practiced, as businesses must,
accrual accounting.
Under such accounting, future outlays to which beneficiaries are
entitled by existing law are acknowledged as expenditures before they
are paid. Were the Social Security surplus sequestered for accounting
purposes, reflecting the truth that it is already obligated, and were
there similar treatment of the other entitlement programs' liabilities,
the deficit for the fiscal year that ended Sept. 30 would have been $3
trillion rather than $454.8 billion. The report's numbers show that the
true national debt is $56 trillion, not the widely reported $10
trillion.
The report says that in 25 years the portion of the population 65 and
older will increase from 12 percent to 20 percent, while the share of
the population that is working and paying taxes will decrease from 60
percent to 55 percent. If Medicare spending continues to grow, as it
has for four decades, more than 1 1/2 times as fast as the economy, the
big three entitlements, which currently are 44 percent of all federal
expenditures (excluding interest costs of the national debt), will be
65 percent by 2030. Under current law, 30 years from now government
revenue will cover only half of anticipated expenditures.
Liberalism's signature achievement -- the welfare state's entitlement
buffet -- will, unless radically reduced, starve government of
resources needed for everything on liberalism's agenda for people not
elderly.
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Among Obama's Health Care plan is a
proposal to establish an advisory board, which mission must include, of
necessity, denying treatment to coffer-draining elderly, and
anyone else who can't return to the tax rolls. Sort of like
decisions the SS made at the entrance to Auschwitz.
You can kiss new medical and pharmaceutical breakthroughs goodbye as
well. That's how you'll spell R-E-L-E-I-F.
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