Last Night’s Politburo Vote in the House

October 17, 2013 in America's Collapse, America's Heritage, Amnesty, Anarchy, Budget, Constitutional, Debt Crisis, Debt Limit, DICTATORSHIP, Economic Deception, Hope and Change, Intimidation, Liberty in Jeopardy, ObamaCare, Obamanation, Patriotism, Police State, Political Deception, President Obama, Progressivism, Socialism, Tea Party, The Stakes for the 2014 Election, United States Constitution

 
The following Roll Call vote took place in spite of the fact that House members were not provided copies to peruse before the vote, even if they requested it. 87  Republican Traitors voted Yea! The means by which this legislation was moved and passed gives new meaning to the word “Treachery”.  The House voted to give Republican Mitch McConnell his $2 Billion Earmark and  voted a  stipend of $174K of our treasure was to  Millionairess Senator Frank  Lautenberg of NJ’s  widow in this purported “Clean CR”. Now that it has passed  we will have a  chance in the weeks aheadto review the entire bill and we will surely find other treacheries like a trick-provision that was added that will require a 2/3 vote  to stop the next Debt Limit increase.This morning the Wall Street Journal in an article by Laura Meckler, Business Voices Frustration With GOP, writes that “In interviews with representatives of companies large and small executives predicted a change in how business would approach politics. They didn’t foresee a new alignment with Democrats but forecast backing challengers to tea-party conservatives in GOP primaries…”

This is just the beginning of a planned blitz creed against Tea Party   Conservatives by the Establishment and their Progressive allies.  We are now joined in a battle,  not only a fight for Conservative values, but for the Survival of our Constitutional Democracy.

As Jeff Kuhner of WRKO in Boston recently stated, America has now become a functional “Dictatorship” under the tutelage  of our “Dear Leader” Barrack Hussein Obama.

And

Lastly, the Wall Street journal today had another front page headline, More Illegal Immigrants As for Asylum, thereby joining   next skirmish in our battle to save our American Way of Life.

Had enough yet?

 

U.S. Senate Roll Call Votes 113th Congress – 1st Session

 

FINAL VOTE RESULTS FOR ROLL CALL 550
(Republicans in roman; Democrats in italic; Independents underlined)

H R 2775      YEA-AND-NAY      16-Oct-2013      10:18 PM
QUESTION:  On Motion to Concur in the Senate Amendments
BILL TITLE: To condition the provision of premium and cost-sharing subsidies under the Patient Protection and Affordable Care Act upon a certification that a program to verify household income and other qualifications for such subsidies is operational, and for other purposes 

YEAS NAYS PRES NV
REPUBLICAN 87 144 1
DEMOCRATIC 198 2
INDEPENDENT
TOTALS 285 144   3

—- YEAS    285 —

Andrews
Bachus
Barber
Barletta
Barrow (GA)
Bass
Beatty
Becerra
Benishek
Bera (CA)
Bilirakis
Bishop (GA)
Bishop (NY)
Blumenauer
Boehner
Bonamici
Boustany
Brady (PA)
Braley (IA)
Brooks (IN)
Brown (FL)
Brownley (CA)
Buchanan
Bustos
Butterfield
Calvert
Camp
Cantor
Capito
Capps
Capuano
Cárdenas
Carney
Carson (IN)
Cartwright
Castor (FL)
Castro (TX)
Chu
Cicilline
Clarke
Clay
Cleaver
Clyburn
Coble
Coffman
Cohen
Cole
Connolly
Conyers
Cook
Cooper
Costa
Cotton
Courtney
Cramer
Crawford
Crenshaw
Crowley
Cuellar
Cummings
Daines
Davis (CA)
Davis, Danny
Davis, Rodney
DeFazio
DeGette
Delaney
DeLauro
DelBene
Dent
Deutch
Diaz-Balart
Dingell
Doggett
Doyle
Duckworth
Edwards
Ellison
Engel
Enyart
Eshoo
Esty
Farr
Fattah
Fitzpatrick
Fortenberry
Foster
Frankel (FL)
Frelinghuysen
Fudge
Gabbard
Gallego
Garamendi
Garcia
Gardner
Gerlach
Gibson
Grayson
Green, Al
Green, Gene
Griffin (AR)
Grijalva
Grimm
Guthrie
Gutiérrez
Hahn
Hanabusa
Hanna
Harper
Hastings (FL)
Hastings (WA)
Heck (NV)
Heck (WA)
Herrera Beutler
Higgins
Himes
Hinojosa
Holt
Honda
Horsford
Hoyer
Huffman
Israel
Issa
Jackson Lee
Jeffries
Jenkins
Johnson (GA)
Johnson, E. B.
Joyce
Kaptur
Keating
Kelly (IL)
Kelly (PA)
Kennedy
Kildee
Kilmer
Kind
King (NY)
Kinzinger (IL)
Kirkpatrick
Kline
Kuster
Lance
Langevin
Larsen (WA)
Larson (CT)
Latham
Lee (CA)
Levin
Lewis
Lipinski
LoBiondo
Loebsack
Lofgren
Lowenthal
Lowey
Lujan Grisham (NM)
Luján, Ben Ray (NM)
Lynch
Maffei
Maloney, Carolyn
Maloney, Sean
Matheson
Matsui
McCarthy (CA)
McCollum
McDermott
McGovern
McHenry
McIntyre
McKeon
McKinley
McMorris Rodgers
McNerney
Meehan
Meeks
Meng
Michaud
Miller, Gary
Miller, George
Moore
Moran
Murphy (FL)
Murphy (PA)
Nadler
Napolitano
Neal
Negrete McLeod
Nolan
Nunes
O’Rourke
Owens
Pallone
Pascrell
Pastor (AZ)
Paulsen
Payne
Pelosi
Perlmutter
Peters (CA)
Peters (MI)
Peterson
Pingree (ME)
Pittenger
Pocan
Polis
Price (NC)
Quigley
Rahall
Rangel
Reichert
Ribble
Richmond
Rigell
Rogers (KY)
Rogers (MI)
Ros-Lehtinen
Roskam
Roybal-Allard
Ruiz
Runyan
Ruppersberger
Ryan (OH)
Sánchez, Linda T.
Sanchez, Loretta
Sarbanes
Schakowsky
Schiff
Schneider
Schock
Schrader
Schwartz
Scott (VA)
Scott, David
Serrano
Sewell (AL)
Shea-Porter
Sherman
Shimkus
Shuster
Simpson
Sinema
Sires
Slaughter
Smith (NE)
Smith (NJ)
Smith (WA)
Speier
Stivers
Swalwell (CA)
Takano
Terry
Thompson (CA)
Thompson (MS)
Thompson (PA)
Tiberi
Tierney
Tipton
Titus
Tonko
Tsongas
Upton
Valadao
Van Hollen
Vargas
Veasey
Vela
Velázquez
Visclosky
Walz
Wasserman Schultz
Waters
Watt
Waxman
Webster (FL)
Welch
Whitfield
Wilson (FL)
Wittman
Wolf
Womack
Yarmuth
Young (AK)
Young (IN)

—- NAYS    144 —

Aderholt
Amash
Amodei
Bachmann
Barr
Barton
Bentivolio
Bishop (UT)
Black
Blackburn
Brady (TX)
Bridenstine
Brooks (AL)
Broun (GA)
Bucshon
Burgess
Campbell
Carter
Cassidy
Chabot
Chaffetz
Collins (GA)
Collins (NY)
Conaway
Culberson
Denham
DeSantis
DesJarlais
Duffy
Duncan (SC)
Duncan (TN)
Ellmers
Farenthold
Fincher
Fleischmann
Fleming
Flores
Forbes
Foxx
Franks (AZ)
Garrett
Gibbs
Gingrey (GA)
Gohmert
Goodlatte
Gosar
Gowdy
Granger
Graves (GA)
Graves (MO)
Griffith (VA)
Hall
Harris
Hartzler
Hensarling
Holding
Hudson
Huelskamp
Huizenga (MI)
Hultgren
Hunter
Hurt
Johnson (OH)
Johnson, Sam
Jones
Jordan
King (IA)
Kingston
Labrador
LaMalfa
Lamborn
Lankford
Latta
Long
Lucas
Luetkemeyer
Lummis
Marchant
Marino
Massie
McCaul
McClintock
Meadows
Messer
Mica
Miller (FL)
Miller (MI)
Mullin
Mulvaney
Neugebauer
Noem
Nugent
Nunnelee
Olson
Palazzo
Pearce
Perry
Petri
Pitts
Poe (TX)
Pompeo
Posey
Price (GA)
Radel
Reed
Renacci
Rice (SC)
Roby
Roe (TN)
Rogers (AL)
Rohrabacher
Rokita
Rooney
Ross
Rothfus
Royce
Ryan (WI)
Salmon
Sanford
Scalise
Schweikert
Scott, Austin
Sensenbrenner
Sessions
Smith (MO)
Smith (TX)
Southerland
Stewart
Stockman
Stutzman
Thornberry
Turner
Wagner
Walberg
Walden
Walorski
Weber (TX)
Wenstrup
Westmoreland
Williams
Wilson (SC)
Woodall
Yoder
Yoho

—- NOT VOTING    3 —

McCarthy (NY) Rush Young (FL)

The debate over global warming (alias “climate change”) just changed

October 16, 2013 in Abuse of Power, Climate Change, Global Warming, Intimidation, Liars, Media Bias, Obamanation, Political Incompetence, President Obama, Progressivism, Propaganda

Fellow lovers of liberty,

The debate over global warming (alias “climate change”) just changed

The Nongovernmental International Panel on Climate Change (NIPCC) titled Climate Change Reconsidered II: Physical Science has just recently released a new report.

Unlike the United Nation’s Intergovernmental Panel on Climate Change (IPCC), the NIPCC report finds the human impact on climate is very small and any change in temperatures that might occur in the future is so small that it will not be noticed against the climate’s natural variability.

Our “Dear Leader” Barack Hussein Obama and his minions are attacking members of Congress who dare to question the left’s talking points on global warming: that it’s man-made and will cause (or is already causing) floods, droughts, storms, crime, divorce … you name it. Obama’s EPA is waging war on affordable energy, even though the “fracking” revolution is the one positive economic development that has happened to the country since Obama was elected! Most recently in January, NY State commissioned a report that they believed would decimate the “fracking” industry. Instead, the results of the investigation, that had to be leaked to see the light of day, found “…that the much-debated drilling technology known as hydrofracking could be conducted safely in New York.”

Climate Change Reconsidered directly contradicts the scientific claims being made by Obama and his allies.  The Heartland Institute team of nearly 50 scientists from 15 countries have produced a report that is more than 1,000 pages long, cites nearly 4,000 peer-reviewed reports, and finds no evidence that global warming is either man made or likely to be harmful.

The Heartland Institute published the new NIPCC report on September 17, and for the last three weeks they have been promoting it like crazy. They’ve held events with the authors in Chicago, Washington, DC (hosted by our friends at the Heritage Foundation), New York, Florida, St. Louis, California, and even London, Berlin, and The Hague.

The book has received positive coverage from Rush Limbaugh, Fox News, Breitbart.com, PJ Media, The Daily Caller, and dozens of Web sites and blogs. The book’s release was even reported as news by the liberals at The New York Times, Washington Post, and Bloomberg!

Please help us get the word out that global warming is not a crisis.

Visit ClimateChangeReconsidered.org to get free access to the entire 1,000-page report, a 20-page Summary for Policymakers, and a growing number of news releases, op-eds, videos, and sound recordings by the authors and allies. Please encourage your friends and neighbors to visit the site, too.

Please also visit Heartland’s Environment Issue Suite, which is updated daily with articles appearing in Environment & Climate News, Heartland’s monthly public policy newspaper, and weekly issues of Climate Change Weekly and NIPCC Update.

Obama’s war on affordable energy is one of the biggest threats our nation faces. Please help us stop him.

Thanks for your support,

Jim Lakely                                              And                Mass Tea Party
Communications Director                                        www.massteaparty.org
The Heartland Institute                                            https://www.facebook.com/Massteaparty

 

 

Barricades At WW II Memorial Are Back UP – Barriers being Re-Constructed

October 14, 2013 in 1st Amendment, Abuse of Power, Freedom, Hope and Change, Intimidation, Liberty in Jeopardy, Obamanation, Police State, President Obama

Our vindictive “Dear Leader” has once again shown his complete and utter disdain for America, Her hero Veterans and for those who are sworn to protect us, the National Park Service and Washington police. Let there be no mistake, this arrogant bully has given the nod for this outrageous behavior whose repercussions will haunt our country and Washington law enforcement for years to come. His vindictiveness in ordering the tying and strapping of  barricades together and sending armed Park and Washington police to guard the barriers is an assault against ALL Americans and our 1st Amendment Right  “…peaceably to assemble.”. Americans whose fathers, sons, daughters and loved ones gave their all to protect, and preserve their Country and whose honor and sacrifices are symbolized and preserved for generations to come in our National War Memorials and Monuments!

 

 

 

In the Spirit of Iwo Jima, Vets Storm Barricades

October 13, 2013 in Hope and Change, Intimidation, LAST OUNCE OF COURAGE, Obamanation, Our Dear Leader

Spirit of America1

History: Vets tear down barricades as feds back down

Army of vets now marching on White House

Infowars.com
October 13, 2013

The corporate media is avoiding the significance of the latest developments in the “Million Vet March” in Washington, DC.

Vets have torn down “barrycades,” riot police have been dispatched, and snipers deployed, according to reports, as the number of protesters swell outside the White House.

Sarah Palin and Senator Ted Cruz, a Texas Republican, arrived to speak with the demonstrators. Police also responded.

“US Park Police have arrived in front of WH. Some in riot gear! Tea party/veteran protesters start booing,” wrote CNN’s Jim Acosta on Twitter.

The latest developments follow the closure of the World War II Monument following the supposed government shut down.

“Veterans this week were unwillingly pitted as pawns in this crisis.  We feel that this should never be the case,” the Million Vet March On Memorials website states. “This is why we will go to Congress after the budget crisis and ask for a bill to be introduced that would prevent any member of the government from closing our memorials down to any American, except for maintenance purposes.  In the meantime, we will have our March in Washington DC on October 13th!  Our veterans deserve that!”

Scads of microblog posts on Twitter are covering the latest developments:

Read the rest of the story here:

http://www.infowars.com/history-vets-tear-down-barricades-as-feds-back-down/

 

12 Things That Just Happened That Show The Next Wave Of The Economic Collapse Is Almost Here

March 4, 2013 in 2nd Amendment, Abuse of Power, America's Collapse, America's Heritage, Congress, Constitution, Cooking the Books, Deval Patrick, Economic Deception, Generational Theft, Gun Control, Intimidation, Liars, Liberty, Liberty in Jeopardy, Obamanation, Patriotism, Political Deception, Political Incompetence, President Obama, Propaganda, Quantitative Easing, Sequestration, US Sovereignty

Mark SteynOur government is lying to us. The reason Barack Hussein Obama began his strategy of “Blame” over “Sequestration” is because he knows that the economic collapse of the US economy is coming and he needs a scapegoat! His “full court press” in the media is perpetuating his grievous “lie” that an “Itsy Bitsy Teeny Weeny” Sequestration cut will cause catastrophic damage to our economy.

Besides the following article, other independent economists, who, using the same data as our US Bureau of  Labor Statistics reach the entirely different conclusion that our unemployment rates are INCREASING, not DECREASING. 

Thomas Jefferson said that, To preserve our independence, we must not let our rulers load us down with perpetual debt….I am for a government rigorously frugal and simple.”  We have thrown his warnings to the wind and now because of our economic gluttony of QE1, QE2, QE3, QE4 etc., face the loss of our Independence and sovereignty as well. 

Folks, an economic collapse will place our  Bill of Rights and our Constitution in grave jeopardy! The dumbing down of  our last generation has left them without an understanding of the source of the Rights  that they enjoy.

Without the Bill of Rights,  our 2nd Amendment and our ability to protect and preserve our Constitution and our “Natural Rights” will be abolished.  All of the proposed  State and Federal Gun Laws being proposed would have practically no affect on stopping incidents like Newtown while having a vital affect on our Constitutional right to preserve and protect our families and country.   

This is a time for action! Don’t allow either the Obama or  the Patrick Administrations to take away any more of your Constitutional Rights! Call your State and Senators and representatives and tell them NO on Unconstitutional Gun Control measures and  on our “drunken sailor” Spending. 

12 Things That Just Happened That Show The Next Wave Of The Economic Collapse Is Almost Here

 By Michael, on March 3rd, 2013�

12 Things That Just Happened That Show The Next Wave Of The Economic Collapse Is Almost HereAre we running out of time?  For the last several years, we have been living in a false bubble of hope that has been fueled by massive amounts of debt and bailout money.  This illusion of economic stability has convinced most people that the great economic crisis of 2008 was just an “aberration” and that now things are back to normal.  Unfortunately, that is not the case at all.  The truth is that the financial crash of 2008 was just the first wave of our economic troubles.  We have not even come close to recovering from that wave, and the next wave of the economic collapse is rapidly approaching.  Our economy is like a giant sand castle that has been built on a foundation of debt and toilet paper currency.  As each wave of the crisis hits us, the solutions that our leaders will present to us will involve even more debt and even more money printing.  And each time, those “solutions” will only make our problems even worse.  Right now, events are unfolding in Europe and in the United States that are pushing us toward the next major crisis moment.  I sincerely hope that we have some more time before the next crisis overwhelms us, but as you will see, time is rapidly running out.

The following are 12 things that just happened that show the next wave of the economic collapse is almost here…

#1 According to TrimTab’s CEO Charles Biderman, corporate insider purchases of stock have hit an all-time low, and the ratio of corporate insider selling to corporate insider buying has now reached an astounding 50 to 1….

While retail is being told to buy-buy-buy, Biderman exclaims that “insiders at U.S. companies have bought the least amount of shares in any one month,” and that the ratio of insider selling to buying is now 50-to-1 – a monthly record.

#2 On Friday we learned that personal income in the United States experienced its largest one month decline in 20 years

Personal income decreased by $505.5 billion in January, or 3.6%, compared to December (on a seasonally adjusted and annualized basis). That’s the most dramatic decline since January 1993, according to the Commerce Department.

#3 In a stunning move, Michigan Governor Rick Snyder says that he will appoint an emergency financial manager to take care of Detroit’s financial affairs…

Snyder, 54, took a step he avoided a year ago, empowering an emergency financial manager who can sweep aside union contracts, sell municipal assets, restructure services and reorder finances. He announced the move yesterday at a public meeting in Detroit.

If this does not work, Detroit will almost certainly have to declare bankruptcy.  If that happens, it will be the largest municipal bankruptcy in U.S. history.

#4 On Friday it was announced that the unemployment rate in Italy had risen to 11.7 percent.  That was a huge jump from 11.3 percent the previous month, and Italy now has the highest unemployment rate that it has experienced in 21 years.

#5 The youth unemployment rate in Italy has risen to a new all-time record high of 38.7 percent.

#6 On Friday it was announced that the unemployment rate in the eurozone as a whole had just hit a brand new record high of 11.9 percent.

#7 On Friday it was announced that the unemployment rate in Greece has now reached 27 percent, and it is being projected that it will reach30 percent by the end of the year.

#8 The youth unemployment rate in Greece is now an almost unbelievable 59.4 percent.

#9 On Saturday, hundreds of thousands of protesters filled the streets of Lisbon and other Portuguese cities to protest the austerity measures that are being imposed upon them.  It was reportedly the largest protest in the history of Portugal.

#10 According to Goldman Sachs, bank deposits declined all over Europe during the month of January.

#11 Over the weekend, the deputy governor of China’s central bank declared that China is prepared for a “currency war“…

A top Chinese banker said Beijing is “fully prepared” for a currency war as he urged the world to abide by a consensus reached by the G20 to avert confrontation, state media reported on Saturday.

Yi Gang, deputy governor of China’s central bank, issued the call after G20 finance ministers last month moved to calm fears of a looming war on the currency markets at a meeting in Moscow.

Those fears have largely been fuelled by the recent steep decline in the Japanese yen, which critics have accused Tokyo of manipulating to give its manufacturers a competitive edge in key export markets over Asian rivals.

#12 Italy is an economic basket case at this point, and the political gridlock in Italy is certainly not helping matters.  Former comedian Beppe Grillo’s party could potentially tip the balance of power one way or the other in Italy, and over the weekend he made some comments that are really shaking things up over in Europe.  For one thing, he is suggesting that Italy should hold a referendum on the euro…

“I am a strong advocate of Europe. I am in favor of an online referendum on the euro,” Beppe Grillo told Bild am Sonntag.

Such a vote would not be legally binding in Italy, where referendums can only be used to repeal laws or parts of laws, but would carry political weight. Grillo has said in the past that membership of the euro should be up to the Italian people.

In addition, Grillo is also suggesting that Italy’s debt has gotten so large that renegotiation is the only option…

In an interview with a German magazine published on Saturday, Mr Grillo said that “if conditions do not change” Italy “will want” to leave the euro and return to its former national currency.

The 64-year-old comic-turned-political activist also said Italy needs to renegotiate its €2 trillion debt.

At 127 per cent of gross domestic product (GDP), it is the highest in the euro zone after Greece.

“Right now we are being crushed, not by the euro, but by our debt. When the interest payments reach €100 billion a year, we’re dead. There’s no alternative,” he told Focus, a weekly news magazine.

He said Italy was in such dire economic straits that “in six months, we will no longer be able to pay pensions and the wages of public employees.”

And of course government debt has taken center stage in the United States as well.

The sequester cuts have now gone into effect, and they will definitely have an effect on the U.S. economy.  Of course that effect will not be nearly as dramatic as many Democrats are suggesting, but without a doubt those cuts will cause the U.S. economy to slow down a bit.

And of course the U.S. economy has already been showing plenty of signs of slowing down lately.  If you doubt this, please see my previous article entitled “Consumer Spending Drought: 16 Signs That The Middle Class Is Running Out Of Money“.

So what comes next?

Well, everyone should keep watching Europe very closely, and it will also be important to keep an eye on Wall Street.  There are a whole bunch of indications that the stock market is at or near a peak.  For example, just check out what one prominent stock market analyst recently had to say

“Every reliable technical tool is warning of major peaking action,” said Walter Zimmerman, the senior technical analyst at United-ICAP. “This includes sentiment, momentum, classical chart patterns, and Elliott wave analysis.

“Most of the rally in the stock market since 2009 can be chalked up to the Federal Reserve’s attempt to create a ‘wealth effect’ through higher stock market prices. This only exacerbates the downside risk. Why? The stock market no is longer a lead indicator for the economy. It is instead reflecting  Fed manipulation. Pushing the stock market higher while the real economy languishes has resulted in another bubble.

“The next leg down will not be a partial correction of the advance since the 2009 lows. It will be another major financial crisis. The worst is yet to come.”

Sadly, most people will continue to deny that anything is wrong until it is far too late.

Many areas of Europe are already experiencing economic depression, and it is only a matter of time before the U.S. follows suit.

Time is running out, and I hope that you are getting ready.

So what do you think?

How much time do you believe that we have left before the next wave of the economic collapse strikes?

 

Jeff Rowley Big Wave Surfer wipeout Photo Jaws Peahi by Xvolution Media

Read more at:  http://theeconomiccollapseblog.com/

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Just Another Obama Lie Which He Hopes Will Cause Republicans to Cave on Sequestration

February 27, 2013 in Abuse of Power, Anarchist, Debt Crisis, dictator, Economic Deception, Fiscal Cliff, Generational Theft, Indoctrination, Intimidation, Liars, Obamanation, Political Deception, President Obama, Propaganda, Redistribution of Wealth, Socialist, Treason, White House Fraud, Who Is Barack Hussein Obama?

Barack Hussein Obama invented Sequestration

Obama LaughingNow it looks like Obama and his Thugs miscalculated on Sequestration. They have been using the imminent implementation of Sequestration to conspire with their media minions  in attempting to coerce the Republicans to once again cave to  Community organizer’s wicked lying  propaganda rants that have increased in volume and intensity as we approach the February 1st implementation.

The Republicans didn’t cave immediately and thereby created  a potentially disastrous political dilemma for Our Dear Leader. His political cohorts are telling him that if Sequestration becomes effective and the sky doesn’t fall, Barack will have a sever credibly problem, even among his loyal supporters.

If you take a look at the GDP math below that shows about a half cent hit for every non sequestrated GDP dollar, or even if you don’t, there is only one unquestionable conclusion that becomes evident.

Obama’s rants on Sequestration are a contrived comedy about  “Much A do about Nothing ”

That’s Right! There is no appreciable affect on our economy, even if he jawbone’s Ben Bernake  into saying so!

Call Your Senators and Representatives and tell them to let Sequestration to go into affect so that we can bring our $16.6T ever increasing Debt Crisis under control!

Analyses of Sequestration Affect on 2013 GDP:

The size of a nation’s economy is the total value of the spending on goods and services in the nation in a year. This spending occurs in the form of transactions within and between these three sectors. The flip side of this spending is production, because you can buy only what has been produced. So we can also measure an economy based on its production. Therefore, when you add up all of these transactions—and the value of foreign trade—the result is gross domestic product, or GDP. The formula for GDP is:

GDP = C + I + G + (Ex – Im)

where “C” equals spending by consumers,
“I” equals investment by businesses,
“G” equals government spending and
“(Ex – Im)” equals net exports, that is, the value of exports minus imports. Net exports may be negative.

According to Infoplease the  composition of GDP breaks down roughly as follows:

Consumption:   65%

Investment:       15%

Government:     20%

Net Exports:     0.0%

The CBO Projection for 2013 GDP is $16.198Trillion

2013 without Sequestration

C = $16.198T X .65 =10.5287 Trillion

G = $16.198T X .2 = $3.2396 Trillion

I =  $16.198T  X .15 =$2.4297 Trillion

2013 with Sequestration  

Assumes that the only variable is the $85B removed from  G, the Government Budget Contribution  while  C, I  remain constant

$16.198T – .085T =$16.113 T

C = $10.5287 Trillion

G = $3.2396T- .$085T = $ 3.1546 Trillion

I =  $2.4297 Trillion

What is the affect of Sequestration on GDP?

(Sequestration GDP  divided by Non-Sequestration GDP   minus 1) x 100 = Percent

($16.113T/ $16.198T) -1  = 0.0099 = .99% or about 1%

The $85B in Sequestration would reduce GDP by 1-cent for  every dollar of a  Non Sequestration GDP.

 

Since one-half of the $85T in Sequestration is slated for FY 2014, Sequestration will reduce the  FY 2013 Sequestration GDP  by about one-half a penny  for every  Non Sequestration dollar.

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