phony – The Burning Platform

Meet John Boehner Ryan——The GOP’s Favorite Fiscal Fake Folds Fast

That didn’t take long. Recall that just two months ago Speaker John Boehner announced he would abruptly resign right in the middle of his term. He said he was tired of taking gaff from conservative backbenchers on account of his serial sell-outs of even tepid House GOP efforts at fiscal discipline.

We greeted Boehner’s announcement with a Bronx cheer: Good riddance to Johnny Lawnchair, the fastest fold on the Potomac!

Supposedly a new era was dawning under his successor Paul Ryan, but not so. The lawnchair never left—-its just got a new occupant.

Now after just 51 days in office Ryan has forced the GOP to walk the plank on what under any honest form of fiscal accounting is a $2.5 trillion addition to the national debt.

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Well, make that any form of accounting at all. This whole stinking pile of backroom deals was pushed through so fast that even CBO has not had a chance to fully analyze and score the bill.

In that regard, for the first time in his life, Harry Reid told the truth after this Ryan-Obama midnight special was whisked through the House and Senate. Said the man of legendary forked tongue,

“Sometime in the darkness, the bill was finalized……..no legislation is perfect, but this is good legislation.”

I have said all along the Paul Ryan is a complete fiscal fake. After all, he has spent years braying about the national debt, but never saw a defense program he didn’t want to fund or a bailout that would help his Wisconsin district that he couldn’t rationalize.

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IS TRUMP REALLY WORTH $10 BILLION?

Guest Post by Doug Litowitz

Trump Change: Is Donald Trump Broke?

“Editor’s Note: Alpha Pages contributor Doug Litowitz raises a speculative contrarian position on Donald Trump’s exact worth, based on what was released to the FEC. The bottom line is that no one knows Trump’s net worth, but the speculation usually starts in the billions. Doug Litowitz explores the opposite possibility, namely that Trump is, in relative terms, broke. This is solely his speculation and is not meant as a factual statement but a possibility that has been ignored in the mainstream press.”

I’ve just slogged through all ninety-two pages of Donald Trump’s financial disclosure submission to the Federal Election Commission, and I can’t make heads or tails of it.

I cannot tell how much Trump is worth, if anything. His empire, if he has one, is as mysterious as his haircut, and as impervious as his skyscraper in Chicago – a gigantic phallic mirror named after himself.

In terms of real, lasting assets – is Donald Trump worth roughly $10 billion?

The mainstream press erred horrendously by taking seriously Trump’s disclosure to the FEC, by asking reporters to sit down with the document and try to understand it on its own terms, so to speak. This approach yielded nothing but exhaustion and bewilderment. No one dared speculate that Trump’s purpose in disclosing so much was to disclose so little. It was a 52-Card Pickup, a maze of trees without a forest. The assets – some as small as the single-digit thousands – pile up like obsessive compulsive do-dads in the claustrophobic home of a hoarder. The range of projects goes beyond greed and passes into desperation. High rise buildings and golf courses are one thing, but the list of assets quickly degrades into obscure wineries, Israeli vodka and energy drinks, a mattress and clothing line, television shows, a pension from the screen actors guild, bottled water, book royalties, speaking gigs, and endless inchoate and impossible to value ‘marks’ (i.e. trademarks) and positions in partnerships that have his own name.

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Warren Buffet Is The Definition Of “Scumbag”

Guest Post by Investment Research Dynamics

“There’s class warfare, all right,” Mr. Buffett said, “but it’s my class, the rich class, that’s making war, and we’re winning.” – Warren Buffet, NY Times 11/26/2006

The “aura” of Warren Buffet is nothing more than the epitome of Orwellian propaganda. Nothing is but what is not. What Buffet “is not” is a good-ole rags to riches boy who has fulfilled the American dream. Warren Buffet is the quintessential mascot of American hypocrisy, criminality and political corruption.

“A country that is now aspiring to an ‘Ownership Society’ will not find happiness in – and I’ll use hyperbole here for emphasis – a ‘Sharecropper’s Society.’ But that’s precisely where our trade policies, supported by Republicans and Democrats alike, are taking us.” – Warren Buffet, 2005

Of course, Warren Buffet is one of the biggest beneficiaries of the U.S. trade policies. I haven’t seen him lift a finger toward implementing reform…

I remember in the mid-90’s when I was working on Wall Street and was “pro” anything that could generate a profitable trade, including Greenspan’s money printing. But I always cast a weary, suspicious eye on Warren Buffet. I had read an article back then which detailed the myth vs. reality about Warren Buffet.

For instance, remember the auro of his “everyday man, wrinkled “sack” suits?” It turns out that his suits were carefully tailored in Italy to cultivate that look and cost thousands of dollars. How about the myth that he lived with his wife in the same small brick house in Nebraska that he started out in with her? Total fabrication. As it turned out, that house had been empty for years – although still owned by him – and Buffet had been mistress-jumping for years. He also owns expensive homes in lesser-known hideaway places for the ultra-wealthy like Sun Valley and Sante Fe and other places all over the world.

Anyone/Everyone remember his “special” relationship with CNBC’s Becky Quick? It was so obvious he was sleeping with her that CNBC never tried to deny it by planting disinformation in the alternative media world.

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Woman Showcased by Obama in SOTU is a Former Democratic Campaign Staffer

Hat tip Thinker

Are Obama’s minions so lazy they just get a recycled Democrat prop they’ve used before as their example of middle class America?

Via American Free Beacon

Woman apparently the only economic success story in Obama’s America

First lady Michelle Obama with State of the Union guest Rebekah Erler / AP

BY: Brent Scher
January 21, 2015 12:07 pm

The woman whose story of economic recovery was showcased by President Barack Obama in his State of the Union address is a former Democratic campaign staffer and has been used by Obama for political events in the past.

Rebekah Erler has been presented by the White House as a woman who was discovered by the president after she wrote to him last March about her economic hardships. She was showcased in the speech as proof that middle class Americans are coming forward to say that Obama’s policies are working.

Unmentioned in the White House bio of Erler is that she is a former Democratic campaign operative, working as a field organizer for Sen. Patty Murray (D., Wash.).

This also wasn’t the first time the White House used the former Democratic campaign staffer as a political prop. Obama spent a “day in the life” of Erler in June so that he could have “an opportunity to communicate directly with the people he’s working for every day.”

Reuters revealed Erler’s Democratic affiliations following that June event, and the Minnesota Republican Party attacked Obama for being “so out of touch with reality that he thinks a former Democrat campaign staffer speaks for every Minnesotan.”

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BEHOLD YOUR SAVIOR SAVING THE WORLD

In case you thought he was playing hoops, night putting with Reggie Love, or trying to sign up for Obamacare, you’ll be happy to know your savior was busy yesterday telling Vlad what he plans to do if Russia invades the Ukraine. Oh. Russia already invaded the Ukraine. Well that changes the complexion. Obama’s red line got crossed before he had time to draw it. Below is the actual dialogue that took place related to this fantastic photo of the savior saving the world.

White House Photographer: Mr. President, can we interrupt your NCAA bracket pool analysis to fake a picture of you supposedly speaking with Vladamir Putin?

Obama: Will this take long? Moosh is out in the vegetable garden and Reggie is waiting upstairs.

White House Photographer: No. You just have to act presidential and hold a phone up to your ear. Make sure you have the right end up to your mouth this time.

Obama: Do I actually have to say anything? Where’s my teleprompter?

White House Photographer: Make sure you roll up your sleeves and pose like a fagged with your hand on your hip.

Obama: My fashion coordinator picked out this tough guy denim shirt and said I looked like a real man. That should really intimidate Vlad.

White House Photographer: Vlad can’t see you through the phone and this is just a fake photo op. You aren’t really talking to him.

Obama: Can we hurry this along, Duke is playing North Carolina and I don’t want to miss a second. Then I have a $25,000 a plate gala fund raiser with Jon Corzine and Jamie Dimon.

Obama: I sure hope this Ukraine mess gets fixed by Ketchup Kerry before Sunday night. The Oscars are my favorite night of the year. I wonder what Sandra Bullock is going to wear. I told the Academy that Twelve Years a Slave better win, or those Hollywood tax breaks will disappear.

White House Photographer: Why are you taking off your pants?

Obama: Just getting ready for Reggie.

Obama: If Vlad really does call, tell him I’m busy. I piss my undies every time I hear his voice.