www.wiseandfrugalgovernment.blogspot.com

The extension of the Bush tax rates (what the media is now calling Obama’s tax cuts) is a victory for Conservatives that should not be squandered. The Obama tax cuts are neither Obama’s–they are Bush’s–nor are they tax cuts–they are an extension of the current rates that were set to expire on 12/31/10. But the claim of the Democrats that these extensions had to be made because raising taxes on Americans in this economy would be disastrous is a true victory for Conservatives. It is also sound fiscal policy and should be capitalized on.

An editorial in today’s Wall Street Journal points out: “As Milton Friedman taught us with his “permanent income hypothesis,” consumers base their consumption on their longer-term income expectations, not merely on current income.” Temporary tax rates return money to its rightful owner, the earner, but without the certainty of knowing what future tax rates are increased consumption will be muted by the lack of clarity. The Republican majority in the House has a golden opportunity to revisit the tax question while they have the Democrats on their heels and push for further, permanent cuts in 2011.

After passage of the bill Senator Dick Durbin (D) claimed: “The president has a big victory here. It’s big because it means there won’t be a tax increase at the first of the year, which could have hurt our economy.”

Suddenly, though not un-coincidentally (recall the landslide November elections), the Democrats have found lower tax religion. If, as the Senator says higher taxes “hurt” our economy, why has it taken two years for the Democrats to support this extension of the Bush tax rates in an economy they call the worst since the Great Depression? Additionally, why didn’t they propose lower and permanent rates to further stimulate demand?

President Obama, too, is a an enthusiastic member of the lower tax club. Only a week ago he was complaining that the House Republicans were holding unemployment benefits hostage to the tax rate extensions, then upon signing the bill declared: “This is real money that’s going to make a real difference in people’s lives. That’s how we’re going to spark demand, spur hiring, and strengthen our economy in the new year” (Reuters)

Ronald Reagan move over and meet the new supply-sider in the White House. His claim that “lower taxes spark demand, spur hiring and strengthen our economy” should be rung from every mountain top from now until 2012.  He is right, of course, but has strayed so far from the soak the rich tax policies he has espoused as recently as last week.  But the ever changing, ever evolving, Chameleon-in-Chief  is claiming the tax cut mantle of Kennedy and Reagan and Bush II for now.

We will have to hope the Republicans are savvy enough to remind him–and the rest of the nation–when he changes his tune again leading up to 2012.

http://www.wiseandfrugalgovernment.blogspot.com

In Federalist 21, Alexander Hamilton writes: “The natural cure for an ill-administration, in a popular or representative constitution, is a change of men.”

In November the country overwhelmingly demanded a change of men. A change of direction. A return to Conservative, Constitutional principles. The election was a repudiation of the reckless disregard of Nancy Pelosi‘s House, and Harry Reid‘s Senate for the Constitution so carefully and courageously crafted by our Founders. The Founder’s understood as Hamilton wrote in Federalist 22 that “The fabric of American empire ought to rest on the solid basis of THE CONSENT OF THE PEOPLE. The streams of national power ought to flow immediately from that pure, original fountain of all legitimate authority. “

In other words, the Founders respected the will of the people.

How far we’ve sunk.

Since the decisive election in November, instead of heeding the voice of the people, the left-leaning, Democratic majority continues the path they blazed with the unconventional hijinks employed to ram through Obamacare. They are rejecting the mandate of the election and the limitations of the Constitution. They do so arrogantly and without remorse. And their popularity has reached an historic low.

We might be able to suffer through Congress’s treachery if we were blessed with a courageous leader in the White House. Instead our President continues to whine about his legacy.  The Hill reports: “In urging lawmakers to vote for his tax deal, President Obama is using one of his go-to lines from the healthcare debate, according to a Democratic lawmaker.

Obama is telling members of Congress that failure to pass the tax-cut legislation could result in the end of his presidency, Rep. Peter DeFazio (Ore.) said

“The White House is putting on tremendous pressure, making phone calls, the president is making phone calls saying this is the end of his presidency if he doesn’t get this bad deal,” he told CNN’s Eliot Spitzer” (Fabian).

The people spoke in November and the current ruling class has chosen to continue to ignore the very people they serve. They treat our governing framework with disdain and the President, instead of advocating for his constituents and protecting the Constitution, worries instead about his legacy. Hamilton had it right when he suggested the cure for an ill-administration is a “change of men” and that the “original fountain of all legitimate authority” is indeed the CONSENT OF THE PEOPLE.

Our current ruling class is imposing their will against the consent of those they serve. This is a dangerous and capricious precedent. Yet our president is focused merely on saving his presidency while the deficit quadruples and this cabal of self-serving bandits squanders our children’s future.

We need a change of men. And we need it fast.

Come January. Quick.

The 10-month-old moratorium on Jewish settlement construction in the West Bank has ended, and some Israeli settlers and their allies decided to throw a party to mark the occasion:

The Jerusalem Post has more on the story, as do the BBC and Reuters.

Paul F. Villarreal

Here is the first edition of “The John D. Villarreal Radio Show” brought to you by The Conservative New Media Radio Network.

The show was recorded on 9.11.10.

In this inaugural show: caller Stefanie From Chicago;  the Ground Zero Mosque; 9/11; Koran burning; Christine O’Donnell; Election 2010 and other topics. Enjoy!

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Part 1 — On the phone with Stefanie From Chicago: Ground Zero Mosque;

Remembering 9/11; Barack Obama

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Part 2 – On the phone with Paul F. Villarreal (PFV): Liberal elitism; Koran

burning; Remembering 9/11

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Part 3 – Election 2010; Video Of The Week; Carly Fiorina &

Barbara Boxer; Meg Whitman & Jerry Brown; Christine O’Donnell

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9/11 Remembrance Video: “Angus Dei” (mentioned by PFV in

the second radio show video above)

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If you would prefer to listen to a podcast of the show instead of watching the videos, the podcast can be found at the following site:

http://www.kfiv1360.com/cc-common/podcast.html

The John D. Villarreal (JDV) Radio Show podcasts can be found around one-third of the way down the page on the left-hand side. They are in reverse chronological order, with the first show being on the bottom.

We welcome all constructive feedback on the show. You can leave us a comment here or email us at ConservativeNewMedia@gmail.com with any remarks or suggestions. We hope you enjoy the show and thanks for listening.

Only 41% of respondents approve of the job Barack Obama is doing as President of the United States. CNM discusses this dramatic turn of events in the following video:

With these incredibly low polling figures, Barack Obama faces the real potential of wandering into the zone of political impotence known as “lame duck” status. The president has already told concerned Democrats that he will distance himself from them as they campaign this fall so as to not bring down their polling numbers with his own low approval ratings.

It is clear that both Barack Obama and his Democrat Party have lost a substantial amount of trust and support with the American public. It remains to be seen how damaging those losses will prove come the 2010 elections in November.

Shirley Sherrod NAACP Obama & Breitbart – Final Thoughts (Part 2)

Shirley Sherrod NAACP Obama & Breitbart – Final Thoughts (Part 3 – End)

The Shirley Sherrod Saga Continues — Latest Updates from CNM – [Part 2]

The Shirley Sherrod Saga Continues — Latest Updates from CNM – [Part 3 - Final]

Here’s Part 2:

These videos were from Rusty’s show last night 7/20/10.  This story seems to be changing by the hour.  The Obama Admin after allegedly demanding she resign immediately has now apologized on national TV to her.  Also, in a new twist, the San Francisco Examiner has written a story that raised a whole new set of Q’s on Sherrod, including how she was hired at USDA.  You can check it out here:

http://www.sfexaminer.com/opinion/blogs/Examiner-Opinion-Zone/Shirley-Sherrods-Disappearing-Act-Not-So-Fast-98846149.html