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"And it's not surprising then they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations." -- no long form birth certificate -- Barack Obama, April 2, 2008


"A free people ought not only to be armed and disciplined, but they should have sufficient arms and ammunition to maintain a status of independence from any who might attempt to abuse them, which would include their own government." -- 1st President George Washington


Truth, Consequences, and Opinion TQO#154

2011-04-09a


TQO#154 Speaker Boehner sells out = foregone revenue & tips for Obama


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Obama, please note you are free to use this information if Newt makes the bad choice of running against you. When he accuses you of overspending I would love your 172 "1966" I.Q. to ask him what the Postal Service forgone revenue was about. Maybe you can draw a re-bocardo Venn diagram for him.

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Newt, don't worry, I was a 1992 Ross Perot supporter because I knew how people like you and Bush were sticking it to our unborn grandchildren. I will beat you over the head with Ross Perot every chance I get and give you the final smack with the Bible. Unfortunately, it will not be with the original 1611 King James 10 pounder Perot use to keep in his front office.

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To understand why Speaker Boehner sells out, you have to understand his roots and what him and Newt approved of doing back in the 1990s, that they never speak about.


It is about flim flam, shuffle the money from one pocket to another, and calling it good, while promoting yourself as a hero, though some may know of it as :


Forgone revenue !


It works just like the Federal Reserve.


Basically, to sum it up, Congress borrowed (by not paying the Postal Service) $800+ million (at least) to 1.2 trillion dollars so their budget looks balanced, gave it to Social inSecurity to cover what they already robbed, and then Congress borrowed that later on a IOU. Then because the SS coffers are empty and stuffed with 2.5 trillion of IOUs from Congress, we borrow money from China, Japan, and Russia to print the Social inSecurity checks.


The forgone revenue owed from 1991-1998 IS STILL NOT PAID OFF A GENERATION LATER !


You really have President Johnson to thank for this, a hint, it is the president after JFK, that allowed Congress to dip it's hand into pockets it did not belong.


For the record, the national debt went up over $3,200,000,000,000+ under the so called balanced budget with Bubba Clinton and Newt.


http://www.obamasucks.tv/docs/forgone.html


Please note the date of the following article, May 4th, 2001. Last year 2010 I provided you the .pdf on letterhead, of the Postal Service last year begging Congress for their $29 million payment, which they still have not produced as far as I know.


http://directmag.com/news/marketing_usps_may_ask/#


"Congress, acknowledging that that it never gave the USPS all the money it should have over the life of the 20-year old program, agreed to pay the USPS $29 million a year over a 42-year period."


For those of you poor at math, that is a $1.2 billion dollar IOU note to the Postal Service, then we get airbags like Barney Frank deride the Postal Service, when he helps abuse it with his $1,000,000 franking privilege!


How about the Post Office explaining it:


http://www.usps.com/financials/anrpt10/ar2010_finance_4_042.htm


"During 2010, the Postal Service recognized $113 million in revenue, including $24 million of imputed interest, from the appropriations, compared to $71 million, including $24 million of imputed interest in 2009. In 2008, $128 million was recognized in revenue, which included $25 million of imputed interest. The revenue forgone receivable is included in the Balance Sheets as “Receivables: U.S. Government.”


Like how the "forgone" revenue does up 60% in an election year, 2008 and 2010, that is called "franking" privileges, plus, their lock-step so called non-profits sending stuff out on their behalf, making the commercial mailers pay for it!


Now that you have an idea what forgone revenue is, maybe when Boehner and Newt brag about the 1990s, they should use the term "Contract to Screw America" instead !


See, this is the problem, they only know Washington math. The kind where you promise $100 billion in cuts on at LEAST a $1.6 trillion budget deficit, and then deliver $38.5 billion and pat yourself on the back on your accomplishment.


Then to top it off you remove the riders that would have prevented:


-1) Obamacare from being funded.


-2) Blocked the EPA from regulating carbon.


-3) Stopped the FCC from regulating public radio.


No news yet on the Internet control scheme being defunded.


How about a new nickname for the House Speaker that reflects the deal he got from Obama and what went on in that office, that reflects on our elected officials in the truest sense.


"Wide Stance" Boehner



John Brown





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"There are two ways

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and enslave a nation.

One is by the sword.

The other is by debt"

President John Adams


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A white slave owner could feed his black man well, send his slave out hunting with a rifle, and to the local store while he kept his family hostage, and kept him ignorant about the word of God and how to read.


Then when the slave still tried to escape, the slave owner beat him and said "Look at all I have given you, you ungrateful heathen".


To be a free citizen

Frederick Douglass had white Christian brothers that bought his freedom for

a one time fee of $710.96.


Under SOCIALIST Obama Care, us white and black slaves to the government have to buy our freedom every month, under the IRS's tyrannical thumb or be jailed.


Well, I am going to do the same thing Frederick Douglass did to free his black brothers in the bondage of slavery.

Teach people the Bible

and how to read it.


Another John Brown trying

to free slaves of government

















































































































































































































































Still a Christian nation that loves God and Jesus!