Finally in a 5-4 vote the Supreme Court done something right.
The Supreme Court today narrowly ruled in favor of white firefighters in New Haven, Conn., who said they were denied promotions because of their race, reversing a decision by Judge Sonia Sotomayor and others that had come to play a large role in the consideration of her nomination for the high court.
The city had thrown out the results of a promotion test because no African Americans and only two Hispanics would have qualified for promotions. It said it feared a lawsuit from minorities under federal laws that said such "disparate impacts" on test results could be used to show discrimination.
In effect, the court was deciding when avoiding potential discrimination against one group amounted to actual discrimination against another.
http://www.washingtonpost.com/wp-dyn/content/article/2009/06/29/AR2009062901608_pf.html
Tuesday, June 30, 2009
Very Important Post, On What is Happening In Honduras
I really can not believe what is happening here in American and what our government is doing with the crisis down in Honduras. We must pay close attention to what is going on down there. This could very well be a wake-up call for some Americans that are still so apathetic they wouldn't know what do to if they couldn't watch T.V. If you remember a couple of weeks ago President Obama and Robert Gibbs said that we (the United States) should not get involved with the protest over in Iran. Did you hear that? We should not get involved with the freedom loving people over in Iran, that are being brutalized by their government. Don't get involved with that, let the government crush freedom over there, let the government shoot innocent women for wanting nothing more than a chance at freedom.
So now we have a so-called "coup" that happened in Honduras and the first ones on the bandwagon saying that the no other president will be recognized but the one that was thrown out, Mel Zelaya, and that he needs to be reinstated is Hugo Chavez, Castro, and Obama. And What do these three have in common?
So another question: Why did it take two weeks for our President to come out with any kind of backing for the people of Iran, and only a day to shout the people down in Honduras? A little history about what happened in Honduras will provide us with some light for this question, and a hint at what is to come here in the United States.
Now a little history on the Ex-President of Honduras: He is a socialist, praised for his economic policies and social reforms. His foreign policy involves allying himself with Hugo Chavez, adhering Honduras to the Bolivarian Alternative for the Americas, and of course the periodic attacks he makes on the United States. In 2007 he ordered all the country's television and radio stations to broadcast simultaneous interviews with himself and government ministers for two hours a day, making a grab for media control.
In 2009 Zelaya caused uproar with his call to have a referendum in June to decide about convening a Constitutional National Assembly to approve a new political constitution in order to allow the President to be re-elected, given that the current constitution only allows a president to serve for a single term. The constitution explicitly bars changes to some of its clauses, including the term limit.
The referendum was ruled unlawful by Honduras's highest court. Zelaya then rejected the ruling and sacked Romeo Vasquez Velasquez, the head of Honduras's armed forces. In addition to the Supreme Court, Zelaya's referendum was declared illegal by the Congress, the country's attorney general, and the country's top electoral body. Then this past Sunday he was removed from power by the military. This caused an uproar by the world's socialist, including our own President. Here are some highlights:
Hugo Chavez has blamed the CIA.
Cuban Foreign Minister Bruno Rodriguez denounced what he called the “criminal, brutal” action undertaken by the Honduran military and to demand that Zelaya be placed back in power.
Brazilian President Luiz Inacio Lula da Silva said his nation will not recognize a Honduran government without Zelaya as president as he was, Lula said, democratically elected.
Nine leftist countries, including Venezuela, have pulled their ambassadors from Honduras following what they are referring to a “coup d’état” against Zelaya and his politics.
United States President Barack Obama has called for the reinstatement of Zelaya and Secretary of State Hillary Clinton said the United States would be working for towards establishing “democratic order” in Honduras. It's not surprising that chavistas throughout the region are claiming that he was victim of a military coup. They want to hide the fact that the military was acting on a court order to defend the rule of law and the constitution, and that the Congress asserted itself for that purpose, too
So now we return to our question: Why is our President so eager to stick his nose in this countries affairs but tells the freedom loving people in Iran that we do not want to be seen as meddling? Here is your answer. The president of Honduras Mel Zelaya was removed from office because he wanted to change his nations constitution so he could be President again. Sound a little familiar? Our President wants to and already has run all over our Constitution. The WSJ says: "It seems that President Mel Zelaya miscalculated when he tried to emulate the success of his good friend Hugo in reshaping the Honduran Constitution to his liking. But Honduras is not out of the Venezuelan woods yet. Yesterday the Central American country was being pressured to restore the authoritarian Mr. Zelaya by the likes of Fidel Castro, Daniel Ortega, Hillary Clinton and, of course, Hugo himself. The Organization of American States, having ignored Mr. Zelaya's abuses, also wants him back in power. It will be a miracle if Honduran patriots can hold their ground. Honduras is fighting back by strictly following the constitution. The Honduran Congress met in emergency session yesterday and designated its president as the interim executive as stipulated in Honduran law. It also said that presidential elections set for November will go forward. The Supreme Court later said that the military acted on its orders."
http://online.wsj.com/article/SB124623220955866301.html
So lets see, the people of Honduras and most of its government are following their own laws and Constitution yet the international socialist communities, of which we are now part of, says that the law breaker should be put back into power. A little of our future here? I think so. We already have most everyone in our government running all over our Constitution and our laws. These people are trying to set up precedent for their own abuses that, quite frankly, they have already perpetrated on us, on our way of life, on our freedoms and on our Constitution. It must stop, Wake Up America.
"WASHINGTON (Reuters) - U.S. President Barack Obama said on Monday the coup that ousted Honduran President Manuel Zelaya was illegal and would set a "terrible precedent" of transition by military force unless it was reversed."
Could it be that the President is afraid of the same thing happening here? I do not doubt our soldiers bravery in fighting our wars, but are our soldiers brave enough to cross that Rubicon if it comes to that? Are our soldiers and cops brave enough and moral enough to say "no! we are not going to enforce these laws, they are unconstitutional?" Can anyone say "seat belt laws or helmet laws?" But that is another story.
"It would be a terrible precedent if we start moving backwards into the era in which we are seeing military coups as a means of political transition, rather than democratic elections," Obama continued.
News flash for you Mr. President this wasn't a military coup. Their military was enforcing their own laws, that their own Congress passed, and their own Supreme Court is upholding.
http://www.reuters.com/article/topNews/idUKTRE55S5J220090629?sp=true
So now we have a so-called "coup" that happened in Honduras and the first ones on the bandwagon saying that the no other president will be recognized but the one that was thrown out, Mel Zelaya, and that he needs to be reinstated is Hugo Chavez, Castro, and Obama. And What do these three have in common?
So another question: Why did it take two weeks for our President to come out with any kind of backing for the people of Iran, and only a day to shout the people down in Honduras? A little history about what happened in Honduras will provide us with some light for this question, and a hint at what is to come here in the United States.
Now a little history on the Ex-President of Honduras: He is a socialist, praised for his economic policies and social reforms. His foreign policy involves allying himself with Hugo Chavez, adhering Honduras to the Bolivarian Alternative for the Americas, and of course the periodic attacks he makes on the United States. In 2007 he ordered all the country's television and radio stations to broadcast simultaneous interviews with himself and government ministers for two hours a day, making a grab for media control.
In 2009 Zelaya caused uproar with his call to have a referendum in June to decide about convening a Constitutional National Assembly to approve a new political constitution in order to allow the President to be re-elected, given that the current constitution only allows a president to serve for a single term. The constitution explicitly bars changes to some of its clauses, including the term limit.
The referendum was ruled unlawful by Honduras's highest court. Zelaya then rejected the ruling and sacked Romeo Vasquez Velasquez, the head of Honduras's armed forces. In addition to the Supreme Court, Zelaya's referendum was declared illegal by the Congress, the country's attorney general, and the country's top electoral body. Then this past Sunday he was removed from power by the military. This caused an uproar by the world's socialist, including our own President. Here are some highlights:
Hugo Chavez has blamed the CIA.
Cuban Foreign Minister Bruno Rodriguez denounced what he called the “criminal, brutal” action undertaken by the Honduran military and to demand that Zelaya be placed back in power.
Brazilian President Luiz Inacio Lula da Silva said his nation will not recognize a Honduran government without Zelaya as president as he was, Lula said, democratically elected.
Nine leftist countries, including Venezuela, have pulled their ambassadors from Honduras following what they are referring to a “coup d’état” against Zelaya and his politics.
United States President Barack Obama has called for the reinstatement of Zelaya and Secretary of State Hillary Clinton said the United States would be working for towards establishing “democratic order” in Honduras. It's not surprising that chavistas throughout the region are claiming that he was victim of a military coup. They want to hide the fact that the military was acting on a court order to defend the rule of law and the constitution, and that the Congress asserted itself for that purpose, too
So now we return to our question: Why is our President so eager to stick his nose in this countries affairs but tells the freedom loving people in Iran that we do not want to be seen as meddling? Here is your answer. The president of Honduras Mel Zelaya was removed from office because he wanted to change his nations constitution so he could be President again. Sound a little familiar? Our President wants to and already has run all over our Constitution. The WSJ says: "It seems that President Mel Zelaya miscalculated when he tried to emulate the success of his good friend Hugo in reshaping the Honduran Constitution to his liking. But Honduras is not out of the Venezuelan woods yet. Yesterday the Central American country was being pressured to restore the authoritarian Mr. Zelaya by the likes of Fidel Castro, Daniel Ortega, Hillary Clinton and, of course, Hugo himself. The Organization of American States, having ignored Mr. Zelaya's abuses, also wants him back in power. It will be a miracle if Honduran patriots can hold their ground. Honduras is fighting back by strictly following the constitution. The Honduran Congress met in emergency session yesterday and designated its president as the interim executive as stipulated in Honduran law. It also said that presidential elections set for November will go forward. The Supreme Court later said that the military acted on its orders."
http://online.wsj.com/article/SB124623220955866301.html
So lets see, the people of Honduras and most of its government are following their own laws and Constitution yet the international socialist communities, of which we are now part of, says that the law breaker should be put back into power. A little of our future here? I think so. We already have most everyone in our government running all over our Constitution and our laws. These people are trying to set up precedent for their own abuses that, quite frankly, they have already perpetrated on us, on our way of life, on our freedoms and on our Constitution. It must stop, Wake Up America.
"WASHINGTON (Reuters) - U.S. President Barack Obama said on Monday the coup that ousted Honduran President Manuel Zelaya was illegal and would set a "terrible precedent" of transition by military force unless it was reversed."
Could it be that the President is afraid of the same thing happening here? I do not doubt our soldiers bravery in fighting our wars, but are our soldiers brave enough to cross that Rubicon if it comes to that? Are our soldiers and cops brave enough and moral enough to say "no! we are not going to enforce these laws, they are unconstitutional?" Can anyone say "seat belt laws or helmet laws?" But that is another story.
"It would be a terrible precedent if we start moving backwards into the era in which we are seeing military coups as a means of political transition, rather than democratic elections," Obama continued.
News flash for you Mr. President this wasn't a military coup. Their military was enforcing their own laws, that their own Congress passed, and their own Supreme Court is upholding.
http://www.reuters.com/article/topNews/idUKTRE55S5J220090629?sp=true
Monday, June 29, 2009
Cap and Trade Sell Outs
GOP Cap & Traitors
Thanks to all of you who called members of the House trying to persuade lawmakers to vote against the so-called American Clean Energy and Security Act....a.k.a., the job-killing Cap & Trade bill that's really the biggest piece of tax hike legislation we've ever seen.
As I predicted, it was a close vote, with the measure passing by 7 votes, 219-212. And, here they are....the 8 GOP RINO's who voted for the measure. If these Republican sell outs had voted against this legislation, it would have gone down to defeat!
HR 2454 RECORDED VOTE 26-Jun-2009 7:17 PM
BILL TITLE: American Clean Energy and Security Act
Mary Bono Mack R (CA)
Mike Castle R (DW)
Mark Steven Eirk R (IL)
Leonard Lance R (NJ)
Frank LoBiondo R (NJ)
John McHugh R (NY)
Dave Reichert R (WA)
Chris Smith R (NJ)
Not only do I say vote all of these people out of office, I say vote the whole of Congress(the House) out of office this next election. You think you have a good Congressman? I say go to www.thepeopledecide.com and take the time to read and vote on all of the bill they have there and see. This site keeps track of your Reps and Upper Reps (Known as Senators at one time) and what percentage you they vote with or against your views. I thought I had a great Congressman but found out I vote against him 61% of the time. He is just a career politician even if he did vote the right way all of the time. Lets send the bums home, all of them!!!!!!!!!!
Thanks to all of you who called members of the House trying to persuade lawmakers to vote against the so-called American Clean Energy and Security Act....a.k.a., the job-killing Cap & Trade bill that's really the biggest piece of tax hike legislation we've ever seen.
As I predicted, it was a close vote, with the measure passing by 7 votes, 219-212. And, here they are....the 8 GOP RINO's who voted for the measure. If these Republican sell outs had voted against this legislation, it would have gone down to defeat!
HR 2454 RECORDED VOTE 26-Jun-2009 7:17 PM
BILL TITLE: American Clean Energy and Security Act
Mary Bono Mack R (CA)
Mike Castle R (DW)
Mark Steven Eirk R (IL)
Leonard Lance R (NJ)
Frank LoBiondo R (NJ)
John McHugh R (NY)
Dave Reichert R (WA)
Chris Smith R (NJ)
Not only do I say vote all of these people out of office, I say vote the whole of Congress(the House) out of office this next election. You think you have a good Congressman? I say go to www.thepeopledecide.com and take the time to read and vote on all of the bill they have there and see. This site keeps track of your Reps and Upper Reps (Known as Senators at one time) and what percentage you they vote with or against your views. I thought I had a great Congressman but found out I vote against him 61% of the time. He is just a career politician even if he did vote the right way all of the time. Lets send the bums home, all of them!!!!!!!!!!
Friday, June 26, 2009
Have a Great Weekend Everyone
Hope Everyone has a great weekend. Here is a painting for you, hope you enjoy
Do Not Forget Cap and Trade Floor Vote Today: Take Action!
Cap and Trade Floor Vote on Friday: Take Action!
This is an urgent message from FreedomWorks. By now you’ve probably heard that leaders in the House have cobbled together enough compromises late Monday night to get the dreaded “Cap and Trade” bill to the floor this Friday. More accurately referred to as “Cap and Tax,” the Waxman-Markey climate legislation is an enormous energy tax that would deal a severe blow to our already shaky economy. It is vital that you Take Action now. We are asking that you take some time to do three things.
1. Click here to send an email to your Representative.
2. Call (866) 928-3035 for the House switchboard where you can be transferred to your Representative’s office. Try (866) 928-0525 if you get a busy signal. (Find your Representative here.)
3. Forward this email to your friends and urge them to take action against this harmful legislation.
The effects it would have on our economy and way of life are devastating. At the same time many are losing jobs and struggling to get by on less, the Cap and Trade plan would raise energy rates across the board. That means sky-high electricity rates, and more pain at the pump. The CBO has estimated the bill could mean another 77 cents per gallon of gasoline. Higher electricity and fuel prices add to the over-all cost of everything, like food from farms where growers depend on fertilizers, tractors, and transportation. Independent estimates say that families could pay $3,000 more a year on energy and the entire plan would take $2 trillion from our economy in just over eight years. Numbers like these come at a very real cost, not just in terms of your wallet but in terms of the many, many jobs this legislation gambles with. If you would like more information, please click here to read our Top 10 list. Waxman-Markey’s Cap and Trade is a plan that shoots us in the foot. We can’t afford this bill, especially when it means nothing in return. Please email and call your legislators now.
This is an urgent message from FreedomWorks. By now you’ve probably heard that leaders in the House have cobbled together enough compromises late Monday night to get the dreaded “Cap and Trade” bill to the floor this Friday. More accurately referred to as “Cap and Tax,” the Waxman-Markey climate legislation is an enormous energy tax that would deal a severe blow to our already shaky economy. It is vital that you Take Action now. We are asking that you take some time to do three things.
1. Click here to send an email to your Representative.
2. Call (866) 928-3035 for the House switchboard where you can be transferred to your Representative’s office. Try (866) 928-0525 if you get a busy signal. (Find your Representative here.)
3. Forward this email to your friends and urge them to take action against this harmful legislation.
The effects it would have on our economy and way of life are devastating. At the same time many are losing jobs and struggling to get by on less, the Cap and Trade plan would raise energy rates across the board. That means sky-high electricity rates, and more pain at the pump. The CBO has estimated the bill could mean another 77 cents per gallon of gasoline. Higher electricity and fuel prices add to the over-all cost of everything, like food from farms where growers depend on fertilizers, tractors, and transportation. Independent estimates say that families could pay $3,000 more a year on energy and the entire plan would take $2 trillion from our economy in just over eight years. Numbers like these come at a very real cost, not just in terms of your wallet but in terms of the many, many jobs this legislation gambles with. If you would like more information, please click here to read our Top 10 list. Waxman-Markey’s Cap and Trade is a plan that shoots us in the foot. We can’t afford this bill, especially when it means nothing in return. Please email and call your legislators now.
Thursday, June 25, 2009
Is Common Sense Dead?
Here is a video from Glenn Beck. He sends Brain Sack out to a park in NYC (I can't say or wright that without doing the old Pace Picante Sauce commercial in my head) to see if those liberals are really socialist or just ignorant, you know "uninformed." Is common sense dead? You tell me.
Video Comparison of a Great President and a Suit
Here we have President Reagan and his comments on Poland in 1981 compared against President Obama's comments on Iran this past week. See a difference?
Wednesday, June 24, 2009
Old Glory and Porky Pig
I am sure most of you have seen this one before. Despite its obvious propaganda all in all it is a good cartoon. I know some will watch this and ask "what propaganda is this fool talking about?" This is the kind of stuff doing your homework does for you. I use to love this cartoon, and still do, but was disappointed to see a few things in it, that I did not catch when I was a kid of course. To keep it short, this cartoon was made in or around 1939 (MCMXXXIX on the bottom). FDR was President at the time and he had several film and cartoon companies making propaganda pieces for him so he could pass his socialist programs, you know like social security. This is one. Notice who the great teacher is, why it is Uncle Sam, i.e. the Government. Uncle Sam also tells Porky that "When George Washington signed that document he laid the foundation for our great democracy." Trying to keep it short here so bare with me. Our Founding Fathers knew what democracies were all about, namely mob rule. Progressives like FDR, and people before him tried to change the game by changing the words they used about America. Instead of Republic they used democracy, in much the same way as today's "liberal" means bigger government, socialist, etc, etc. In FDR's day the term "liberal" meant individual freedom, free markets, and limited government. Watch the video at the link I have under the Porky Pig Cartoon for more info:
Also the Pledge of Allegiance did not include the phrase "Under God" until 1954. Oh and FYI it was written by Francis Bellamy a committed socialist. But that is another story.
But anyway like I said all in all it is a good cartoon. Sometimes I hate informing myself and knowing the truth about things. But they say the truth will set you free.
http://cincinnatus17.blogspot.com/2009/06/great-video-every-american-needs-to.html
Also the Pledge of Allegiance did not include the phrase "Under God" until 1954. Oh and FYI it was written by Francis Bellamy a committed socialist. But that is another story.
But anyway like I said all in all it is a good cartoon. Sometimes I hate informing myself and knowing the truth about things. But they say the truth will set you free.
http://cincinnatus17.blogspot.com/2009/06/great-video-every-american-needs-to.html
Tuesday, June 23, 2009
Security VS. Freedom
The nation's most closely watched city
Reporting from Lancaster, Pa. -- This historic town, where America's founding fathers plotted during the Revolution and Milton Hershey later crafted his first chocolates, now boasts another distinction. It may become the nation's most closely watched small city.
Some 165 closed-circuit TV cameras soon will provide live, round-the-clock scrutiny of nearly every street, park and other public space used by the 55,000 residents and the town's many tourists.
Perhaps most surprising, the near-saturation surveillance of a community that saw four murders last year has sparked little public debate about whether the benefits for law enforcement outweigh the loss of privacy. "Years ago, there's no way we could do this," said Keith Sadler, Lancaster's police chief. "It brings to mind Big Brother, George Orwell and '1984.' It's just funny how Americans have softened on these issues."
"No one talks about it," agreed Scott Martin, a Lancaster County commissioner who wants to expand the program. "Because people feel safer. Those who are law-abiding citizens, they don't have anything to worry about."
Hundreds of municipalities -- including Los Angeles and at least 36 other California cities -- have built or expanded camera networks since the attacks of Sept. 11, 2001. In most cases, Department of Homeland Security grants helped cover the cost.
Full Story: http://www.latimes.com/news/nationworld/nation/la-na-spycam-city21-2009jun21,0,3641451.story
Yes it is surprising how many Americans have softened on these types of issues. It is also surprising how many Americans willingly sell out their freedoms for security. And of course these nanny-staters keep using the same tired argument like Mr. Scott Martin above saying: "Those who are law-abiding citizens, they don't have anything to worry about." Don't these fools know the price they are going to pay for getting rid of their freedoms? I believe Benjamin Franklin said it best: "Any society that would give up a little liberty to gain a little security will deserve neither and lose both."
Great Old Cartoon
Watch this cartoon it is great. It is called "Make Mine Freedom." I love these old cartoons.
Look for an old Porky Pig cartoon tomorrow, called Porky Pig and Old Glory. It is a great one also if you get over the propaganda. Now watch this one and note: Isn't it funny how the snake oil salesman in this cartoon puts one in mind of President Obama? And I love how Uncle Angus in this cartoon looks well off put gives the guy a coin, and Grand Pappy looks dirt poor and has a mattress full of money. Great Stuff.
Look for an old Porky Pig cartoon tomorrow, called Porky Pig and Old Glory. It is a great one also if you get over the propaganda. Now watch this one and note: Isn't it funny how the snake oil salesman in this cartoon puts one in mind of President Obama? And I love how Uncle Angus in this cartoon looks well off put gives the guy a coin, and Grand Pappy looks dirt poor and has a mattress full of money. Great Stuff.
Monday, June 22, 2009
Marco Rubio Gaining Ground In Florida
Rubio crushes Crist in Pasco straw poll
Marco Rubio got 73 votes to Charlie Crist's 9 in a straw poll last night conducted by the Republican Party of Pasco -- a sign of the governor's poor standing among some of his historically strongest supporters.
"I wanted to see how our Conservative base felt about the U.S. Senate Race," chairman Randy Maggard wrote in a letter to Rubio announcing the result.
Why should this concern Crist, who holds a commanding lead in statewide polls?
Pasco is just one county removed from his home in Pinellas, for one, and the Pasco REC also endorsed Crist early in his 2006 GOP primary against Tom Gallagher. At the 2005 Ronald Reagan Day Dinner in Pasco, Crist told boisterous supporters that he considered the county his back yard and invoked its crucial role in the 2004 election.
"(Pasco) won it for the president," Crist told the St. Petersburg Times. "It's hugely significant to me."
http://blogs.tampabay.com/buzz/2009/06/rubio-crushes-crist-in-pasco-straw-poll.html
Marco Rubio got 73 votes to Charlie Crist's 9 in a straw poll last night conducted by the Republican Party of Pasco -- a sign of the governor's poor standing among some of his historically strongest supporters.
"I wanted to see how our Conservative base felt about the U.S. Senate Race," chairman Randy Maggard wrote in a letter to Rubio announcing the result.
Why should this concern Crist, who holds a commanding lead in statewide polls?
Pasco is just one county removed from his home in Pinellas, for one, and the Pasco REC also endorsed Crist early in his 2006 GOP primary against Tom Gallagher. At the 2005 Ronald Reagan Day Dinner in Pasco, Crist told boisterous supporters that he considered the county his back yard and invoked its crucial role in the 2004 election.
"(Pasco) won it for the president," Crist told the St. Petersburg Times. "It's hugely significant to me."
http://blogs.tampabay.com/buzz/2009/06/rubio-crushes-crist-in-pasco-straw-poll.html
Is The Dollar Dead? Bond Update
After two smugglers were stopped last week with what at first appeared to be $134bn in US state bonds, the tension and paranoia surrounding the fate of the dollar hit a new high.
How on earth did these two men, who at first refused to identify themselves, come to be there, trying to ride the train into Switzerland carrying bonds worth more than the gross domestic product of Singapore? If the bonds were genuine, the pair would have been America's fourth-biggest creditor, ahead of the UK and just behind Russia.
In the event, late last week American officials confirmed that the notes were forgeries. The men, it appeared, were nothing more than ambitious scamsters. But many remain unconvinced. And whether fake or otherwise, the story underlines one important point about the world economy at the moment: that the tension and paranoia surrounding the fate of the US dollar has hit a new high. It went to the heart of the big question: will the central bankers in Japan, China and elsewhere continue to support the greenback even in the wake of the worst financial crisis in modern history, or will they abandon it as America's economic hegemony dissipates?
First came a paper from Zhou Xiaochuan, the governor of the People's Bank of China (PBoC), a couple of months ago, positing the idea of introducing the special drawing right (SDR) – a kind of internal currency at the International Monetary Fund (IMF) – as an international reserve currency. These calls were then repeated, with more force, by the Russian president, Dmitry Medvedev, who last week declared that the world needed new reserve currencies in addition to the dollar.
And this time around, the dollar is most certainly suffering. Since 2002 its trade-weighted strength – calculated against a basket of other currencies – has fallen by more than a quarter, from 112 to 81 points. In the same period, the proportion of dollars held by reserve managers in leading central banks has also taken a dive. According to figures from the IMF, confirmed holdings of dollars in government vaults, from Beijing and Tokyo to London and Paris, fell from 71pc of reserves to 64.5pc between 2002 and 2008.
If there were a textbook list of actions one could take to weaken a currency, the US (alongside most other developed nations) would be following it to the letter. It has cut interest rates to a whisker above zero; it has engaged in quantitative easing, pumping cash directly into the economy; it has committed to spending trillions of dollars on a fiscal stimulus package designed to pull the country out of recession; it has pledged tacitly to support its stricken banks so that no major institution is allowed to collapse. In any normal circumstances, actions like these would hammer a currency.
Neil Mellor, of Bank of New York Mellon, said: "We've got a situation where Geithner is smiling and has no choice but to stress the credibility and stability of the US financial and economic system, while the creditors [such as the Chinese] smile back and say they believe him, while at the same time giving hand signals to their reserve managers to get rid of these things."
How on earth did these two men, who at first refused to identify themselves, come to be there, trying to ride the train into Switzerland carrying bonds worth more than the gross domestic product of Singapore? If the bonds were genuine, the pair would have been America's fourth-biggest creditor, ahead of the UK and just behind Russia.
In the event, late last week American officials confirmed that the notes were forgeries. The men, it appeared, were nothing more than ambitious scamsters. But many remain unconvinced. And whether fake or otherwise, the story underlines one important point about the world economy at the moment: that the tension and paranoia surrounding the fate of the US dollar has hit a new high. It went to the heart of the big question: will the central bankers in Japan, China and elsewhere continue to support the greenback even in the wake of the worst financial crisis in modern history, or will they abandon it as America's economic hegemony dissipates?
First came a paper from Zhou Xiaochuan, the governor of the People's Bank of China (PBoC), a couple of months ago, positing the idea of introducing the special drawing right (SDR) – a kind of internal currency at the International Monetary Fund (IMF) – as an international reserve currency. These calls were then repeated, with more force, by the Russian president, Dmitry Medvedev, who last week declared that the world needed new reserve currencies in addition to the dollar.
And this time around, the dollar is most certainly suffering. Since 2002 its trade-weighted strength – calculated against a basket of other currencies – has fallen by more than a quarter, from 112 to 81 points. In the same period, the proportion of dollars held by reserve managers in leading central banks has also taken a dive. According to figures from the IMF, confirmed holdings of dollars in government vaults, from Beijing and Tokyo to London and Paris, fell from 71pc of reserves to 64.5pc between 2002 and 2008.
If there were a textbook list of actions one could take to weaken a currency, the US (alongside most other developed nations) would be following it to the letter. It has cut interest rates to a whisker above zero; it has engaged in quantitative easing, pumping cash directly into the economy; it has committed to spending trillions of dollars on a fiscal stimulus package designed to pull the country out of recession; it has pledged tacitly to support its stricken banks so that no major institution is allowed to collapse. In any normal circumstances, actions like these would hammer a currency.
Neil Mellor, of Bank of New York Mellon, said: "We've got a situation where Geithner is smiling and has no choice but to stress the credibility and stability of the US financial and economic system, while the creditors [such as the Chinese] smile back and say they believe him, while at the same time giving hand signals to their reserve managers to get rid of these things."
Friday, June 19, 2009
What A Smug, Arrogant Woman
Watch this video. It is from Barbara Boxer to Brigadier General Michael Walsh. I can’t believe the audacity of this woman Barbara Boxer. Where I come from it is polite to call someone by ma’am and sir. I can tell you one thing I would never, ever, not once, even if it was someone I liked, I would not give any of them the respect or pleasure of calling them Senator. Those people stopped being senators when the 17th amendment was passed. You want to restore States rights and give the power back to the states and the people where it belongs then I will call you a senator. Right now I will call you a member of the Upper House of Representatives at best and something not polite at all at worst. Throw all the bums out!
I have a title for you MA'AM, how about BITCH. And that is the nicest one I can think of right now. I am pissed. Oh and her hard work: Her "hard work" included 3 years as a stock broker and about 4 years as a journalist for a newspaper before getting into politics. This women saying I worked hard for that title, and talking to a Brigadier General, to hell with you Barbara Boxer, you bitch. Stand up people, kick her out of office, and show her what hard work is.
I have a title for you MA'AM, how about BITCH. And that is the nicest one I can think of right now. I am pissed. Oh and her hard work: Her "hard work" included 3 years as a stock broker and about 4 years as a journalist for a newspaper before getting into politics. This women saying I worked hard for that title, and talking to a Brigadier General, to hell with you Barbara Boxer, you bitch. Stand up people, kick her out of office, and show her what hard work is.
North Korea Set To Celebrate Our Independence Day; Again
Does anyone remember this story from 2006 on July 4th.
N Korea tests long-range missile
North Korea has test-fired at least six missiles, including a long-range Taepodong-2, despite repeated warnings from the international community.
US officials said the Taepodong missile - thought capable of reaching Alaska - failed shortly after take-off, while the others fell into the Sea of Japan. The UN Security Council is due to hold an emergency meeting later on Wednesday to discuss the developments.
The closed UN session was requested by Japan, which said it was co-ordinating its response to the missile tests with the US and other countries. Read 2006 story Here: http://news.bbc.co.uk/2/hi/asia-pacific/5148648.stm
US officials said the Taepodong missile - thought capable of reaching Alaska - failed shortly after take-off, while the others fell into the Sea of Japan. The UN Security Council is due to hold an emergency meeting later on Wednesday to discuss the developments.
The closed UN session was requested by Japan, which said it was co-ordinating its response to the missile tests with the US and other countries. Read 2006 story Here: http://news.bbc.co.uk/2/hi/asia-pacific/5148648.stm
I don't know about the rest of you out there but I sure am glad the UN Security Council held an emergency meeting about this back in 2006. Sure does make me sleep better at night knowing the totally competent people at the UN gave a strongly worded warning to North Korea. It could have been horrific for us if they hadn't had that meeting. President George W Bush sent Assistant Secretary of State Christopher Hill out to the region after this incident, which amounts to nothing obviously. So lets see what happens now.
Now today's story:
Japan warns that North Korea may fire missile at U.S. on Independence Day
North Korea may launch a long-range ballistic missile towards Hawaii on American Independence Day, according to Japanese intelligence officials.
The missile, believed to be a Taepodong-2 with a range of up to 4,000 miles, would be launched in early July from the Dongchang-ni site on the north-western coast of the country. It was announced today that the U.S. has deployed anti-missile defences around Hawaii in response to the threat. U.S. Defence Secretary Robert Gates said the additional defences around Hawaii consist of a ground-based mobile missile system and a radar system nearby. Together they could shoot an incoming missile in mid air. A new missile launch - though not expected to reach U.S. territory - would be a brazen slap in the face of the international community, which punished North Korea with new U.N. sanctions for conducting a second nuclear test on May 25 in defiance of a U.N. ban.
The missile, believed to be a Taepodong-2 with a range of up to 4,000 miles, would be launched in early July from the Dongchang-ni site on the north-western coast of the country. It was announced today that the U.S. has deployed anti-missile defences around Hawaii in response to the threat. U.S. Defence Secretary Robert Gates said the additional defences around Hawaii consist of a ground-based mobile missile system and a radar system nearby. Together they could shoot an incoming missile in mid air. A new missile launch - though not expected to reach U.S. territory - would be a brazen slap in the face of the international community, which punished North Korea with new U.N. sanctions for conducting a second nuclear test on May 25 in defiance of a U.N. ban.
Uh oh, look out everybody the U.N. put, are you ready for this. . . "Sanctions" on North Korea. Disaster diverted once again. That was close. Lets see what North Korea thought about that.
North Korea spurned the U.N. Security Council resolution with threats of war and pledges to expand its nuclear bomb-making program.
Wait, what? I'm confused. Seriously to hell with the U.N. I'm sure they would be welcome. When are we going to do something?
Full story here: http://www.dailymail.co.uk/news/worldnews/article-1193941/North-Korea-plan-missile-launch-Hawaii-Independence-Day.html
Thursday, June 18, 2009
Must Read: The Letter to Washington
This is a letter written by a women named Janet Contreras. She wrote this letter and sent it to Washington and also to Glenn Beck who read it on the air. This caused a blitz of people wanting Glenn to reproduce the letter so they too could send it to their Congressmen in Washington. With Janet Contreras' permission Glenn put the letter on his website along with a petition to sign and send to our "leaders" in Washington. Here is the letter, followed by the link to go sign the petition. Please take the time to read this and sign the petition.
Thank You,
An American's Voice
GLENN: I got a letter from a woman in Arizona. She writes an open letter to our nation's leadership: "I'm a home grown American citizen, 53, registered Democrat all my life. Before the last presidential election I registered as a Republican because I no longer felt the Democratic Party represents my views or works to pursue issues important to me. Now I no longer feel the Republican Party represents my views or works to pursue issues important to me. The fact is I no longer feel any political party or representative in Washington represents my views or works to pursue the issues important to me. There must be someone. Please tell me who you are. Please stand up and tell me that you are there and that you're willing to fight for our Constitution as it was written. Please stand up now. You might ask yourself what my views and issues are that I would horribly feel so disenfranchised by both major political parties. What kind of nut job am I? Will you please tell me?
Well, these are briefly my views and issues for which I seek representation:
One, illegal immigration. I want you to stop coddling illegal immigrants and secure our borders. Close the underground tunnels. Stop the violence and the trafficking in drugs and people. No amnesty, not again. Been there, done that, no resolution. P.S., I'm not a racist. This isn't to be confused with legal immigration.
Two, the TARP bill, I want it repealed and I want no further funding supplied to it. We told you no, but you did it anyway. I want the remaining unfunded 95% repealed. Freeze, repeal.
Three: Czars, I want the circumvention of our checks and balances stopped immediately. Fire the czars. No more czars. Government officials answer to the process, not to the president. Stop trampling on our Constitution and honor it.
Four, cap and trade. The debate on global warming is not over. There is more to say.
Five, universal healthcare. I will not be rushed into another expensive decision. Don't you dare try to pass this in the middle of the night and then go on break. Slow down!
Six, growing government control. I want states rights and sovereignty fully restored. I want less government in my life, not more. Shrink it down. Mind your own business. You have enough to take care of with your real obligations. Why don't you start there.
Seven, ACORN. I do not want ACORN and its affiliates in charge of our 2010 census. I want them investigated. I also do not want mandatory escrow fees contributed to them every time on every real estate deal that closes. Stop the funding to ACORN and its affiliates pending impartial audits and investigations. I do not trust them with taking the census over with our taxpayer money. I don't trust them with our taxpayer money. Face up to the allegations against them and get it resolved before taxpayers get any more involved with them. If it walks like a duck and talks like a duck, hello. Stop protecting your political buddies. You work for us, the people. Investigate.
Eight, redistribution of wealth. No, no, no. I work for my money. It is mine. I have always worked for people with more money than I have because they gave me jobs. That is the only redistribution of wealth that I will support. I never got a job from a poor person. Why do you want me to hate my employers? Why ‑‑ what do you have against shareholders making a profit?
Nine, charitable contributions. Although I never got a job from a poor person, I have helped many in need. Charity belongs in our local communities, where we know our needs best and can use our local talent and our local resources. Butt out, please. We want to do it ourselves.
Ten, corporate bailouts. Knock it off. Sink or swim like the rest of us. If there are hard times ahead, we'll be better off just getting into it and letting the strong survive. Quick and painful. Have you ever ripped off a Band‑Aid? We will pull together. Great things happen in America under great hardship. Give us the chance to innovate. We cannot disappoint you more than you have disappointed us.
Eleven, transparency and accountability. How about it? No, really, how about it? Let's have it. Let's say we give the buzzwords a rest and have some straight honest talk. Please try ‑‑ please stop manipulating and trying to appease me with clever wording. I am not the idiot you obviously take me for. Stop sneaking around and meeting in back rooms making deals with your friends. It will only be a prelude to your criminal investigation. Stop hiding things from me.
Twelve, unprecedented quick spending. Stop it now.
Take a breath. Listen to the people. Let's just slow down and get some input from some nonpoliticians on the subject. Stop making everything an emergency. Stop speed reading our bills into law. I am not an activist. I am not a community organizer. Nor am I a terrorist, a militant or a violent person. I am a parent and a grandparent. I work. I'm busy. I'm busy. I am busy, and I am tired. I thought we elected competent people to take care of the business of government so that we could work, raise our families, pay our bills, have a little recreation, complain about taxes, endure our hardships, pursue our personal goals, cut our lawn, wash our cars on the weekends and be responsible contributing members of society and teach our children to be the same all while living in the home of the free and land of the brave.
I entrusted you with upholding the Constitution. I believed in the checks and balances to keep from getting far off course. What happened? You are very far off course. Do you really think I find humor in the hiring of a speed reader to unintelligently ramble all through a bill that you signed into law without knowing what it contained? I do not. It is a mockery of the responsibility I have entrusted to you. It is a slap in the face. I am not laughing at your arrogance. Why is it that I feel as if you would not trust me to make a single decision about my own life and how I would live it but you should expect that I should trust you with the debt that you have laid on all of us and our children. We did not want the TARP bill. We said no. We would repeal it if we could. I am sure that we still cannot. There is such urgency and recklessness in all of the recent spending.
From my perspective, it seems that all of you have gone insane. I also know that I am far from alone in these feelings. Do you honestly feel that your current pursuits have merit to patriotic Americans? We want it to stop. We want to put the brakes on everything that is being rushed by us and forced upon us. We want our voice back. You have forced us to put our lives on hold to straighten out the mess that you are making. We will have to give up our vacations, our time spent with our children, any relaxation time we may have had and money we cannot afford to spend on you to bring our concerns to Washington. Our president often knows all the right buzzword is unsustainable. Well, no kidding. How many tens of thousands of dollars did the focus group cost to come up with that word? We don't want your overpriced words. Stop treating us like we're morons.
We want all of you to stop focusing on your reelection and do the job we want done, not the job you want done or the job your party wants done. You work for us and at this rate I guarantee you not for long because we are coming. We will be heard and we will be represented. You think we're so busy with our lives that we will never come for you? We are the formerly silent majority, all of us who quietly work , pay taxes, obey the law, vote, save money, keep our noses to the grindstone and we are now looking up at you. You have awakened us, the patriotic spirit so strong and so powerful that it had been sleeping too long. You have pushed us too far. Our numbers are great. They may surprise you. For every one of us who will be there, there will be hundreds more that could not come. Unlike you, we have their trust. We will represent them honestly, rest assured. They will be at the polls on voting day to usher you out of office. We have cancelled vacations. We will use our last few dollars saved. We will find the representation among us and a grassroots campaign will flourish. We didn't ask for this fight. But the gloves are coming off. We do not come in violence, but we are angry. You will represent us or you will be replaced with someone who will. There are candidates among us who will rise like a Phoenix from the ashes that you have made of our constitution.
Democrat, Republican, independent, libertarian. Understand this. We don't care. Political parties are meaningless to us. Patriotic Americans are willing to do right by us and our Constitution and that is all that matters to us now. We are going to fire all of you who abuse power and seek more. It is not your power. It is ours and we want it back. We entrusted you with it and you abused it. You are dishonorable. You are dishonest. As Americans we are ashamed of you. You have brought shame to us. If you are not representing the wants and needs of your constituency loudly and consistently, in spite of the objections of your party, you will be fired. Did you hear? We no longer care about your political parties. You need to be loyal to us, not to them. Because we will get you fired and they will not save you. If you do or can represent me, my issues, my views, please stand up. Make your identity known. You need to make some noise about it. Speak up. I need to know who you are. If you do not speak up, you will be herded out with the rest of the sheep and we will replace the whole damn congress if need be one by one. We are coming. Are we coming for you? Who do you represent? What do you represent? Listen. Because we are coming. We the people are coming.
If you want to sign the petition go here.
http://www.thepetitionsite.com/8/an-open-letter-to-our-nations-leadership
Thank You,
An American's Voice
GLENN: I got a letter from a woman in Arizona. She writes an open letter to our nation's leadership: "I'm a home grown American citizen, 53, registered Democrat all my life. Before the last presidential election I registered as a Republican because I no longer felt the Democratic Party represents my views or works to pursue issues important to me. Now I no longer feel the Republican Party represents my views or works to pursue issues important to me. The fact is I no longer feel any political party or representative in Washington represents my views or works to pursue the issues important to me. There must be someone. Please tell me who you are. Please stand up and tell me that you are there and that you're willing to fight for our Constitution as it was written. Please stand up now. You might ask yourself what my views and issues are that I would horribly feel so disenfranchised by both major political parties. What kind of nut job am I? Will you please tell me?
Well, these are briefly my views and issues for which I seek representation:
One, illegal immigration. I want you to stop coddling illegal immigrants and secure our borders. Close the underground tunnels. Stop the violence and the trafficking in drugs and people. No amnesty, not again. Been there, done that, no resolution. P.S., I'm not a racist. This isn't to be confused with legal immigration.
Two, the TARP bill, I want it repealed and I want no further funding supplied to it. We told you no, but you did it anyway. I want the remaining unfunded 95% repealed. Freeze, repeal.
Three: Czars, I want the circumvention of our checks and balances stopped immediately. Fire the czars. No more czars. Government officials answer to the process, not to the president. Stop trampling on our Constitution and honor it.
Four, cap and trade. The debate on global warming is not over. There is more to say.
Five, universal healthcare. I will not be rushed into another expensive decision. Don't you dare try to pass this in the middle of the night and then go on break. Slow down!
Six, growing government control. I want states rights and sovereignty fully restored. I want less government in my life, not more. Shrink it down. Mind your own business. You have enough to take care of with your real obligations. Why don't you start there.
Seven, ACORN. I do not want ACORN and its affiliates in charge of our 2010 census. I want them investigated. I also do not want mandatory escrow fees contributed to them every time on every real estate deal that closes. Stop the funding to ACORN and its affiliates pending impartial audits and investigations. I do not trust them with taking the census over with our taxpayer money. I don't trust them with our taxpayer money. Face up to the allegations against them and get it resolved before taxpayers get any more involved with them. If it walks like a duck and talks like a duck, hello. Stop protecting your political buddies. You work for us, the people. Investigate.
Eight, redistribution of wealth. No, no, no. I work for my money. It is mine. I have always worked for people with more money than I have because they gave me jobs. That is the only redistribution of wealth that I will support. I never got a job from a poor person. Why do you want me to hate my employers? Why ‑‑ what do you have against shareholders making a profit?
Nine, charitable contributions. Although I never got a job from a poor person, I have helped many in need. Charity belongs in our local communities, where we know our needs best and can use our local talent and our local resources. Butt out, please. We want to do it ourselves.
Ten, corporate bailouts. Knock it off. Sink or swim like the rest of us. If there are hard times ahead, we'll be better off just getting into it and letting the strong survive. Quick and painful. Have you ever ripped off a Band‑Aid? We will pull together. Great things happen in America under great hardship. Give us the chance to innovate. We cannot disappoint you more than you have disappointed us.
Eleven, transparency and accountability. How about it? No, really, how about it? Let's have it. Let's say we give the buzzwords a rest and have some straight honest talk. Please try ‑‑ please stop manipulating and trying to appease me with clever wording. I am not the idiot you obviously take me for. Stop sneaking around and meeting in back rooms making deals with your friends. It will only be a prelude to your criminal investigation. Stop hiding things from me.
Twelve, unprecedented quick spending. Stop it now.
Take a breath. Listen to the people. Let's just slow down and get some input from some nonpoliticians on the subject. Stop making everything an emergency. Stop speed reading our bills into law. I am not an activist. I am not a community organizer. Nor am I a terrorist, a militant or a violent person. I am a parent and a grandparent. I work. I'm busy. I'm busy. I am busy, and I am tired. I thought we elected competent people to take care of the business of government so that we could work, raise our families, pay our bills, have a little recreation, complain about taxes, endure our hardships, pursue our personal goals, cut our lawn, wash our cars on the weekends and be responsible contributing members of society and teach our children to be the same all while living in the home of the free and land of the brave.
I entrusted you with upholding the Constitution. I believed in the checks and balances to keep from getting far off course. What happened? You are very far off course. Do you really think I find humor in the hiring of a speed reader to unintelligently ramble all through a bill that you signed into law without knowing what it contained? I do not. It is a mockery of the responsibility I have entrusted to you. It is a slap in the face. I am not laughing at your arrogance. Why is it that I feel as if you would not trust me to make a single decision about my own life and how I would live it but you should expect that I should trust you with the debt that you have laid on all of us and our children. We did not want the TARP bill. We said no. We would repeal it if we could. I am sure that we still cannot. There is such urgency and recklessness in all of the recent spending.
From my perspective, it seems that all of you have gone insane. I also know that I am far from alone in these feelings. Do you honestly feel that your current pursuits have merit to patriotic Americans? We want it to stop. We want to put the brakes on everything that is being rushed by us and forced upon us. We want our voice back. You have forced us to put our lives on hold to straighten out the mess that you are making. We will have to give up our vacations, our time spent with our children, any relaxation time we may have had and money we cannot afford to spend on you to bring our concerns to Washington. Our president often knows all the right buzzword is unsustainable. Well, no kidding. How many tens of thousands of dollars did the focus group cost to come up with that word? We don't want your overpriced words. Stop treating us like we're morons.
We want all of you to stop focusing on your reelection and do the job we want done, not the job you want done or the job your party wants done. You work for us and at this rate I guarantee you not for long because we are coming. We will be heard and we will be represented. You think we're so busy with our lives that we will never come for you? We are the formerly silent majority, all of us who quietly work , pay taxes, obey the law, vote, save money, keep our noses to the grindstone and we are now looking up at you. You have awakened us, the patriotic spirit so strong and so powerful that it had been sleeping too long. You have pushed us too far. Our numbers are great. They may surprise you. For every one of us who will be there, there will be hundreds more that could not come. Unlike you, we have their trust. We will represent them honestly, rest assured. They will be at the polls on voting day to usher you out of office. We have cancelled vacations. We will use our last few dollars saved. We will find the representation among us and a grassroots campaign will flourish. We didn't ask for this fight. But the gloves are coming off. We do not come in violence, but we are angry. You will represent us or you will be replaced with someone who will. There are candidates among us who will rise like a Phoenix from the ashes that you have made of our constitution.
Democrat, Republican, independent, libertarian. Understand this. We don't care. Political parties are meaningless to us. Patriotic Americans are willing to do right by us and our Constitution and that is all that matters to us now. We are going to fire all of you who abuse power and seek more. It is not your power. It is ours and we want it back. We entrusted you with it and you abused it. You are dishonorable. You are dishonest. As Americans we are ashamed of you. You have brought shame to us. If you are not representing the wants and needs of your constituency loudly and consistently, in spite of the objections of your party, you will be fired. Did you hear? We no longer care about your political parties. You need to be loyal to us, not to them. Because we will get you fired and they will not save you. If you do or can represent me, my issues, my views, please stand up. Make your identity known. You need to make some noise about it. Speak up. I need to know who you are. If you do not speak up, you will be herded out with the rest of the sheep and we will replace the whole damn congress if need be one by one. We are coming. Are we coming for you? Who do you represent? What do you represent? Listen. Because we are coming. We the people are coming.
If you want to sign the petition go here.
http://www.thepetitionsite.com/8/an-open-letter-to-our-nations-leadership
Finally A Story on The Bonds, Fit For James Bond
Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland.
Are these would-be smugglers agents of Kim Jong Il stashing North Korea’s cash in a Swiss vault? Bagmen for Nigerian Internet scammers? Was the money meant for terrorists looking to buy nuclear warheads? Is Japan dumping its dollars secretly? Are the bonds real or counterfeit?
The implications of the securities being legitimate would be bigger than investors may realize. At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale.
http://www.bloomberg.com/apps/news?pid=20601039&sid=a62_boqkurbI
Are these would-be smugglers agents of Kim Jong Il stashing North Korea’s cash in a Swiss vault? Bagmen for Nigerian Internet scammers? Was the money meant for terrorists looking to buy nuclear warheads? Is Japan dumping its dollars secretly? Are the bonds real or counterfeit?
The implications of the securities being legitimate would be bigger than investors may realize. At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale.
http://www.bloomberg.com/apps/news?pid=20601039&sid=a62_boqkurbI
Jim DeMint endorses Marco Rubio for Senate
DeMint Backs Rubio, Florida Becomes A Battleground state
Rep. Marco Rubio's U.S. Senate campaign in Florida has provided a rallying cry for conservatives, sparked a debate about the future of the GOP and the place of moderates, and pitted National Republican Senatorial Committee Chairman John Cornyn (TX) against some of those passionate conservatives. Today, a prominent Senate conservative jumped on board with Rubio: Sen. Jim DeMint (SC).
Wednesday, June 17, 2009
More Power For The Government and The Fed; Say It Ain't So
An Obama plan would give the government new powers to seize key companies.
Under the plan, expected to be released today, the government would have new powers to seize key companies -- such as insurance giant American International Group Inc. -- whose failure jeopardizes the financial system. Currently, the government's authority to seize companies is mostly limited to banks.
Obama administration officials said it would seek to reduce gaps in regulatory oversight, rein in the use of mortgage-backed securities and other complex derivatives, reduce incentives for companies to take excessive risk and give the government new power to quickly intervene during any future crises.
http://www.latimes.com/business/la-fi-financial-regs16-2009jun16,0,4262249.story
Federal Reserve to gain power under plan
The Federal Reserve, already arguably the most powerful agency in the U.S. government (The Federal Reserve is not a government agency), will get sweeping new authority to regulate any company whose failure could endanger the U.S. economy and markets under the Obama administration's regulatory overhaul plan. The final plan is expected to sidestep most jurisdictional disputes and simply impose across the board standards to be applied by all financial regulators, according to administration and industry sources.
http://www.washingtontimes.com/news/2009/jun/16/plan-gives-fed-sweeping-power-over-companies/?feat=home_headlines
Under the plan, expected to be released today, the government would have new powers to seize key companies -- such as insurance giant American International Group Inc. -- whose failure jeopardizes the financial system. Currently, the government's authority to seize companies is mostly limited to banks.
Obama administration officials said it would seek to reduce gaps in regulatory oversight, rein in the use of mortgage-backed securities and other complex derivatives, reduce incentives for companies to take excessive risk and give the government new power to quickly intervene during any future crises.
http://www.latimes.com/business/la-fi-financial-regs16-2009jun16,0,4262249.story
Federal Reserve to gain power under plan
The Federal Reserve, already arguably the most powerful agency in the U.S. government (The Federal Reserve is not a government agency), will get sweeping new authority to regulate any company whose failure could endanger the U.S. economy and markets under the Obama administration's regulatory overhaul plan. The final plan is expected to sidestep most jurisdictional disputes and simply impose across the board standards to be applied by all financial regulators, according to administration and industry sources.
http://www.washingtontimes.com/news/2009/jun/16/plan-gives-fed-sweeping-power-over-companies/?feat=home_headlines
Two Japanese men found with 134 Billion in US Bonds in Italy
Milan (AsiaNews) – Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollar each.Italian authorities have not yet determined whether they are real or fake, but if they are real the attempt to take them into Switzerland would be the largest financial smuggling operation in history; if they are fake, the matter would be even more mind-boggling because the quality of the counterfeit work is such that the fake bonds are undistinguishable from the real ones.What caught the policemen’s attention were the billion dollar securities. Such a large denomination is not available in regular financial and banking markets.
Only states handle such amounts of money.The question now is who could or would counterfeit or smuggle these non-negotiable bonds.In order to stop money laundering Italian law sets a ceiling of 10,000 euros per person for importing or exporting money without declaring it. The penalty for violating the law is 40 per cent of the money seized.If the certificates were real, for Italy it would be like hitting the jackpot. The fine alone would amount to US$ 38 billion, five times the estimated cost of rebuilding quake-devastated Abruzzi region. It would help Italy’s eliminate its public deficit.If the certificates are fakes the two Japanese nationals could get a very lengthy jail sentence for fraud.As soon as the seizure was made the US Embassy in Rome was informed. Italian and US secret services were called in to assist the Italian financial police.Some important international financial newspapers had already reported on the existence of ‘funny money’ circulating on parallel, i.e. unofficial, financial markets.For AsiaNews a few points need considering:1. When it comes to Italy the world press has tended to focus on Italian Prime Minister Berlusconi’s personal problems rather than on stories like the bonds smuggling affair which has been front page on Italian newspapers.2. The fear of counterfeit bonds and securities has spread across Asia with the result that real securities are also considered with suspicion.3. During the Second World War several countries at war printed and put in circulation perfectly counterfeit enemy money. It is also historically established that some central banks, like the Bank of Italy 65 years ago, issued the same securities twice (identical registered number and code). This way they could print more money with legal tender than they officially declared. The main difference though is that 65 years ago the world was involved in a bloody war, which is not the case today.http://www.asianews.it/index.php?l=en&art=15456&size=A
And on a completly unrelated note: The Treasury Department projects a balance of $134.5 billion of the original $700 billion in the federal TARP program to stengthen ailing banks, according to Dow Jones. The issue emerged as something of a transparency blind spot last week when Treasury Secretary Tim Geithner refused to give an exact figure during testimony on Capitol Hill.
Only states handle such amounts of money.The question now is who could or would counterfeit or smuggle these non-negotiable bonds.In order to stop money laundering Italian law sets a ceiling of 10,000 euros per person for importing or exporting money without declaring it. The penalty for violating the law is 40 per cent of the money seized.If the certificates were real, for Italy it would be like hitting the jackpot. The fine alone would amount to US$ 38 billion, five times the estimated cost of rebuilding quake-devastated Abruzzi region. It would help Italy’s eliminate its public deficit.If the certificates are fakes the two Japanese nationals could get a very lengthy jail sentence for fraud.As soon as the seizure was made the US Embassy in Rome was informed. Italian and US secret services were called in to assist the Italian financial police.Some important international financial newspapers had already reported on the existence of ‘funny money’ circulating on parallel, i.e. unofficial, financial markets.For AsiaNews a few points need considering:1. When it comes to Italy the world press has tended to focus on Italian Prime Minister Berlusconi’s personal problems rather than on stories like the bonds smuggling affair which has been front page on Italian newspapers.2. The fear of counterfeit bonds and securities has spread across Asia with the result that real securities are also considered with suspicion.3. During the Second World War several countries at war printed and put in circulation perfectly counterfeit enemy money. It is also historically established that some central banks, like the Bank of Italy 65 years ago, issued the same securities twice (identical registered number and code). This way they could print more money with legal tender than they officially declared. The main difference though is that 65 years ago the world was involved in a bloody war, which is not the case today.http://www.asianews.it/index.php?l=en&art=15456&size=A
And on a completly unrelated note: The Treasury Department projects a balance of $134.5 billion of the original $700 billion in the federal TARP program to stengthen ailing banks, according to Dow Jones. The issue emerged as something of a transparency blind spot last week when Treasury Secretary Tim Geithner refused to give an exact figure during testimony on Capitol Hill.
Tuesday, June 16, 2009
U.S's A.A.A
U.S. likely to lose AAA rating
NEW YORK (Reuters) - Technical analyst Robert Prechter on Monday said he sees the United States losing its top AAA credit rating by the end of 2010, as he stuck by a deeply bearish outlook on the U.S. economy and stock market.
Despite the government and Federal Reserve's massive rescues for financial companies and securities markets, Prechter expects credit markets to clam up again as they did in the first phase of the global financial crisis and for the U.S. economy to sink into a depression.
Although U.S. banks' recently passed government "stress tests" that assessed the adequacy of their capital levels to absorb losses and have been able to raise some capital in debt and equity markets, "the banking sector is in severe trouble," as more loans turn bad, he said.
The economy "is obviously heading toward a depression," despite the government's efforts to dodge one, said Prechter.
NEW YORK (Reuters) - Technical analyst Robert Prechter on Monday said he sees the United States losing its top AAA credit rating by the end of 2010, as he stuck by a deeply bearish outlook on the U.S. economy and stock market.
Despite the government and Federal Reserve's massive rescues for financial companies and securities markets, Prechter expects credit markets to clam up again as they did in the first phase of the global financial crisis and for the U.S. economy to sink into a depression.
Although U.S. banks' recently passed government "stress tests" that assessed the adequacy of their capital levels to absorb losses and have been able to raise some capital in debt and equity markets, "the banking sector is in severe trouble," as more loans turn bad, he said.
The economy "is obviously heading toward a depression," despite the government's efforts to dodge one, said Prechter.
What Liberal Media?
ABC TURNS PROGRAMMING OVER TO OBAMA; NEWS TO BE ANCHORED FROM INSIDE WHITE HOUSE
On the night of June 24, the media and government become one, when ABC turns its programming over to President Obama and White House officials to push government run health care -- a move that has ignited an ethical firestorm! Highlights on the agenda: ABCNEWS anchor Charlie Gibson will deliver WORLD NEWS from the Blue Room of the White House. The network plans a primetime special -- 'Prescription for America' -- originating from the East Room, exclude opposing voices on the debate.
This event is nothing more than a glorified infomercial to promote the Democrat agenda.
On the night of June 24, the media and government become one, when ABC turns its programming over to President Obama and White House officials to push government run health care -- a move that has ignited an ethical firestorm! Highlights on the agenda: ABCNEWS anchor Charlie Gibson will deliver WORLD NEWS from the Blue Room of the White House. The network plans a primetime special -- 'Prescription for America' -- originating from the East Room, exclude opposing voices on the debate.
This event is nothing more than a glorified infomercial to promote the Democrat agenda.
Obama Fires Inspector General For Investigating His Friend
What's behind Obama's sudden attempt to fire the AmeriCorps inspector general?
By: Byron York
There are a number of unanswered questions today about President Obama's abrupt decision to fire the inspector general of the AmeriCorps program, Gerald Walpin. Obama sent letters to House and Senate leaders yesterday informing them that he was firing Walpin, effective 30 days from the date of the letters.
"It is vital that I have the fullest confidence in the appointees serving as Inspectors General," the president wrote. "That is no longer the case with regard to this Inspector General."
The 30 day requirement is important because last year Congress passed the Inspectors General Reform Act, which was designed to strengthen protections for IGs, who have the responsibility of investigating allegations of waste, fraud and abuse within federal agencies, against interference by political appointees or the White House. Part of the Act was a requirement that the president give Congress 30 days' notice before dismissing an IG. One of the co-sponsors of the Act was then-Sen. Barack Obama.
The Act also requires the president to outline the cause for his decision to remove an IG. Beyond saying that he did not have the "fullest confidence" in Walpin, Obama gave no reason for his action.
There are two big questions about the president's actions. One, why did he decide to fire Walpin? And two, did he abide by the law that he himself co-sponsored?
According to Republican Sen. Charles Grassley, a strong advocate of inspectors general, Walpin received a call from the White House Counsel's office on Wednesday evening. Walpin was told that he had one hour to either resign or be fired. Senate sources say Walpin asked why he was being fired and, according to one source, "The answer that was given was that it's just time to move on. The president would like to have someone else in that position." Walpin declined to resign.
Grassley fired off a letter to the president on Thursday saying that, "I was troubled to learn that [Wednesday] night your staff reportedly issued an ultimatum to the AmeriCorps Inspector General Gerald Walpin that he had one hour to resign or be terminated," Grassley wrote. "As you know, Inspectors General were created by Congress as a means to combat waste, fraud, and abuse and to be independent watchdogs ensuring that federal agencies were held accountable for their actions. Inspectors General were designed to have a dual role reporting to both the President and Congress so that they would be free from undue political pressure. This independence is the hallmark of all Inspectors General and is essential so they may operate independently, without political pressure or interference from agencies attempting to keep their failings from public scrutiny."
Grassley's version of events suggests that the White House first tried to muscle Walpin out of his job without having to go through the 30-day process. It was only when Walpin refused to resign that the White House then notified Congress of the president's intention to fire Walpin.
The bigger question is why the president is doing this and why he is attempting to do it so quickly. Senate sources now believe Obama is firing Walpin over Walpin's investigation of Kevin Johnson, a former NBA star and a prominent supporter of the president.
Johnson, now the mayor of Sacramento, California, started a non-profit organization called St. Hope. The group's mission, according to its website, is "to revitalize inner-city communities through public education, civic leadership, economic development and the arts." As part of its work, St. Hope received a grant of about $850,000 from AmeriCorps.
Last year, Walpin began an investigation of how Johnson's group spent the money. According to the Associated Press, "[Walpin] found that Johnson, a former all-star point guard for the Phoenix Suns, had used AmeriCorps grants to pay volunteers to engage in school-board political activities, run personal errands for Johnson and even wash his car." Walpin asked federal prosecutors to investigate. In April, the U.S. attorney in Sacramento, a Bush holdover, declined to file any criminal charges in the matter and also criticized Walpin's investigation.
That might suggest that St. HOPE was OK, and it was Walpin who was in the wrong. But at the same time prosecutors decided not to file any charges against St. HOPE, the U.S. attorney's office also entered into a settlement with St. HOPE in which the group also agreed to pay back about half of the $850,000 it had received from AmeriCorps.
In his letter to the president, Grassley defended Walpin's performance. "There have been no negative findings against Mr. Walpin by the Integrity Committee of the Council of the Inspectors General on Integrity and Efficiency (CIGIE), and he has identified millions of dollars in AmeriCorps funds either wasted outright or spent in violation of established guidelines," Grassley wrote. "In other words, it appears he has been doing his job. "
The bottom line is that the AmeriCorps IG accused a prominent Obama supporter of misusing AmeriCorps grant money. After an investigation, the prominent Obama supporter had to pay back more than $400,000 of that grant money. And Obama fired the AmeriCorps IG.
By: Byron York
There are a number of unanswered questions today about President Obama's abrupt decision to fire the inspector general of the AmeriCorps program, Gerald Walpin. Obama sent letters to House and Senate leaders yesterday informing them that he was firing Walpin, effective 30 days from the date of the letters.
"It is vital that I have the fullest confidence in the appointees serving as Inspectors General," the president wrote. "That is no longer the case with regard to this Inspector General."
The 30 day requirement is important because last year Congress passed the Inspectors General Reform Act, which was designed to strengthen protections for IGs, who have the responsibility of investigating allegations of waste, fraud and abuse within federal agencies, against interference by political appointees or the White House. Part of the Act was a requirement that the president give Congress 30 days' notice before dismissing an IG. One of the co-sponsors of the Act was then-Sen. Barack Obama.
The Act also requires the president to outline the cause for his decision to remove an IG. Beyond saying that he did not have the "fullest confidence" in Walpin, Obama gave no reason for his action.
There are two big questions about the president's actions. One, why did he decide to fire Walpin? And two, did he abide by the law that he himself co-sponsored?
According to Republican Sen. Charles Grassley, a strong advocate of inspectors general, Walpin received a call from the White House Counsel's office on Wednesday evening. Walpin was told that he had one hour to either resign or be fired. Senate sources say Walpin asked why he was being fired and, according to one source, "The answer that was given was that it's just time to move on. The president would like to have someone else in that position." Walpin declined to resign.
Grassley fired off a letter to the president on Thursday saying that, "I was troubled to learn that [Wednesday] night your staff reportedly issued an ultimatum to the AmeriCorps Inspector General Gerald Walpin that he had one hour to resign or be terminated," Grassley wrote. "As you know, Inspectors General were created by Congress as a means to combat waste, fraud, and abuse and to be independent watchdogs ensuring that federal agencies were held accountable for their actions. Inspectors General were designed to have a dual role reporting to both the President and Congress so that they would be free from undue political pressure. This independence is the hallmark of all Inspectors General and is essential so they may operate independently, without political pressure or interference from agencies attempting to keep their failings from public scrutiny."
Grassley's version of events suggests that the White House first tried to muscle Walpin out of his job without having to go through the 30-day process. It was only when Walpin refused to resign that the White House then notified Congress of the president's intention to fire Walpin.
The bigger question is why the president is doing this and why he is attempting to do it so quickly. Senate sources now believe Obama is firing Walpin over Walpin's investigation of Kevin Johnson, a former NBA star and a prominent supporter of the president.
Johnson, now the mayor of Sacramento, California, started a non-profit organization called St. Hope. The group's mission, according to its website, is "to revitalize inner-city communities through public education, civic leadership, economic development and the arts." As part of its work, St. Hope received a grant of about $850,000 from AmeriCorps.
Last year, Walpin began an investigation of how Johnson's group spent the money. According to the Associated Press, "[Walpin] found that Johnson, a former all-star point guard for the Phoenix Suns, had used AmeriCorps grants to pay volunteers to engage in school-board political activities, run personal errands for Johnson and even wash his car." Walpin asked federal prosecutors to investigate. In April, the U.S. attorney in Sacramento, a Bush holdover, declined to file any criminal charges in the matter and also criticized Walpin's investigation.
That might suggest that St. HOPE was OK, and it was Walpin who was in the wrong. But at the same time prosecutors decided not to file any charges against St. HOPE, the U.S. attorney's office also entered into a settlement with St. HOPE in which the group also agreed to pay back about half of the $850,000 it had received from AmeriCorps.
In his letter to the president, Grassley defended Walpin's performance. "There have been no negative findings against Mr. Walpin by the Integrity Committee of the Council of the Inspectors General on Integrity and Efficiency (CIGIE), and he has identified millions of dollars in AmeriCorps funds either wasted outright or spent in violation of established guidelines," Grassley wrote. "In other words, it appears he has been doing his job. "
The bottom line is that the AmeriCorps IG accused a prominent Obama supporter of misusing AmeriCorps grant money. After an investigation, the prominent Obama supporter had to pay back more than $400,000 of that grant money. And Obama fired the AmeriCorps IG.
Monday, June 15, 2009
Why Would No Othere Country Take Them?
Life in paradise as Guantanamo Four take a dip, eat ice cream, and plan first Uighur restaurant in British territory of Bermuda
These former terror suspects are Uighurs - members of China's Muslim Turkic-speaking minority and have spent the last seven years locked up in Guantanamo Bay. They were detained by the Americans, who eventually determined they were not a threat to the United States. But because no country volunteered to take them and it was feared they would be detained and tortured if they were returned to China, the men were left in limbo. They have traded drab prison jumpsuits for comfortable cotton pants and knit shirts, and razor wire-encircled jail compounds for beach cottages, where they are staying at U.S. taxpayers' expense.
The surprise deal, done behind Britain's back, has angered many of the island's 68,000 people and prompted a call by the opposition for the local Parliament to hold a no-confidence vote in the government. Though Bermuda is semi-autonomous, the British government retains control of the island's foreign affairs, security and defence. Foreign Secretary William Hague said it was 'astonishing' that Downing Street knew nothing of the deal.
Senior MP Mike Gapes, who chairs the influential Commons foreign affairs committee, accused the U.S. of 'riding roughshod' over the UK in securing the deal.
So with another brilliant move we let go four terrorist to live the high life in Bermuda. I call them terrorist because common sense tells me that other countries do not want them for a reason, and more than likely they were picked up on or near a battlefield. Does this make anyone else sick to their stomach knowing that there are people really struggling here in the United States and our government decides to set up four terrorist and give them our money for their clothes, get them a place to live, in Bermuda, and probably enough money to start that restaurant they want? Wonder what kind of front that will be for and where their profits will be sent to? Not to mention the fact that Britain is mad as hell that they weren't even consulted over this.
Today's Headlines
Votes seen lacking for Obama healthcare program
WASHINGTON, June 14 (Reuters) - President Barack Obama's health secretary on Sunday pushed for a new government-run healthcare program, an idea facing skepticism even in his own party, and a senior Senate Democrat flatly said votes are lacking in Congress for the proposal.
Full Article: http://www.reuters.com/article/joeBiden/idUSN14133527
So far, June's chill is one for the records
So far this June is running more than 12 degrees cooler than last year, and the clouds, rain and chilly lake winds have been persistent. The average temperature at O'Hare International Airport through Friday has been only 59.5 degrees: nearly 7 degrees below normal and the coldest since records there began 50 years ago.
Full Article: http://weblogs.wgntv.com/chicago-weather/tom-skilling-blog/2009/06/chilly-junes-2009-open-one-for-2.html
Crops under stress as temperatures fall
For the second time in little over a year, it looks as though the world may be heading for a serious food crisis, thanks to our old friend "climate change". In many parts of the world recently the weather has not been too brilliant for farmers. After a fearsomely cold winter, June brought heavy snowfall across large parts of western Canada and the northern states of the American Midwest. In Manitoba last week, it was -4ºC. North Dakota had its first June snow for 60 years. There was midsummer snow not just in Norway and the Cairngorms, but even in Saudi Arabia. At least in the southern hemisphere it is winter, but snowfalls in New Zealand and Australia have been abnormal.
Full Article: http://www.telegraph.co.uk/comment/columnists/christopherbooker/5525933/Crops-under-stress-as-temperatures-fall.html
WASHINGTON, June 14 (Reuters) - President Barack Obama's health secretary on Sunday pushed for a new government-run healthcare program, an idea facing skepticism even in his own party, and a senior Senate Democrat flatly said votes are lacking in Congress for the proposal.
Full Article: http://www.reuters.com/article/joeBiden/idUSN14133527
So far, June's chill is one for the records
So far this June is running more than 12 degrees cooler than last year, and the clouds, rain and chilly lake winds have been persistent. The average temperature at O'Hare International Airport through Friday has been only 59.5 degrees: nearly 7 degrees below normal and the coldest since records there began 50 years ago.
Full Article: http://weblogs.wgntv.com/chicago-weather/tom-skilling-blog/2009/06/chilly-junes-2009-open-one-for-2.html
Crops under stress as temperatures fall
For the second time in little over a year, it looks as though the world may be heading for a serious food crisis, thanks to our old friend "climate change". In many parts of the world recently the weather has not been too brilliant for farmers. After a fearsomely cold winter, June brought heavy snowfall across large parts of western Canada and the northern states of the American Midwest. In Manitoba last week, it was -4ºC. North Dakota had its first June snow for 60 years. There was midsummer snow not just in Norway and the Cairngorms, but even in Saudi Arabia. At least in the southern hemisphere it is winter, but snowfalls in New Zealand and Australia have been abnormal.
Full Article: http://www.telegraph.co.uk/comment/columnists/christopherbooker/5525933/Crops-under-stress-as-temperatures-fall.html
Saturday, June 13, 2009
Who and What was This? The Answer
This was ancient Rome.
Now where along this time line do you see America?
Want a little homework? Look up Tiberius and Gaius Gracchus, the men that started the fall of the Roman Republic. It is uncanny.
Now where along this time line do you see America?
Want a little homework? Look up Tiberius and Gaius Gracchus, the men that started the fall of the Roman Republic. It is uncanny.
Friday, June 12, 2009
Stop EPA Overreach: Carbon Dioxide is NOT a Pollutant
Since the Obama Administration has taken hold, things have only gotten worse. The EPA is feeling emboldened and have submitted a proposal that would find carbon dioxide "endangers the public health and welfare."
That's right; the essential gas that has always been a critical component of the planet's natural life cycle will now be officially labeled by the U.S. Government as a pollutant.
Click here to take action.
Once this "endangerment finding" has been reached, the EPA will be empowered to advance carbon dioxide regulations to their heart's content. But even if they wanted to take the severe economic impact of this proposal into account, they can't. Once the endangerment finding is final, they would be compelled to work aggressively to eliminate it across the economy.
One lawsuit by a fringe environmental group could bring our economy to a standstill.
But, before the EPA can pass this ridiculous rule, they are required by law to listen to the people.
Click here to take action and tell EPA that you oppose this new regulation.
That's right; the essential gas that has always been a critical component of the planet's natural life cycle will now be officially labeled by the U.S. Government as a pollutant.
Click here to take action.
Once this "endangerment finding" has been reached, the EPA will be empowered to advance carbon dioxide regulations to their heart's content. But even if they wanted to take the severe economic impact of this proposal into account, they can't. Once the endangerment finding is final, they would be compelled to work aggressively to eliminate it across the economy.
One lawsuit by a fringe environmental group could bring our economy to a standstill.
But, before the EPA can pass this ridiculous rule, they are required by law to listen to the people.
Click here to take action and tell EPA that you oppose this new regulation.
Another Obama Tax Hike Scheme
The issue is called “deferral” and it allows U.S. companies to defer income into the future to avoid high marginal tax rates on income. Obama and his liberal cohorts in Congress want to collect this deferral money with a plan that will increase taxes on international American companies by $190 billion over the next 10 years. Why does this matter to the American taxpayer?If the American government makes it significantly more expensive for American companies to bring home money to the United States, then they’ll likely stop and move their operations overseas to more job-friendly climates. That threatens U.S. jobs and infrastructure in very shaky financial times.The President needs to understand that we can’t tax our way out of this economic mess. Even though he likes to call this a “corporate” tax, the proposed deferral tax doesn’t really target big corporations. They will avoid the tax by moving out of the U.S. American workers are the ones who will really feel the pinch if Obama and others have their way with deferral. Take Action Today! Tell your legislators that you aren’t buying Obama’s corporate tax rhetoric on deferral. Urge them to oppose this latest tax hike scheme that would threaten American jobs and the economy as a whole.
Dick Armey
Chairman
FreedomWorks.org
Dick Armey
Chairman
FreedomWorks.org
Howard Ruff: Not the Time to Buy into the Stock Market
Someone asked me, “Howard, you’ve always recommended we ‘buy low and sell high.’ Well, the stock market is low right now. Shouldn’t this be a buying opportunity?”
The answer in one word? No.
You see, the market isn’t low as measured by its high PE (Price Earnings ratio) and sagging earnings, which will only get worse as time goes on. Stocks cannot withstand the major inflation we’ll see towards the end of 2009.
So don’t listen if someone tries to suck you into stocks. They’ll only be trying to get you to play a short-term trader’s game. And that’s a loser’s game.
stick with the long-term trend.
Inflation.
Remember Will Rogers said, “Invest in inflation, it’s the only thing that’s going up.”
The most money made by betting on inflation will be made while the fundamentals are being set.
WHAT TO DO ABOUT IT
FIRST: As hard as it may be to do, cool your jets on the stock market right now. Remember how many “Sucker’s Rallies” there were in the Great Depression? Six. Buying low right now just wouldn’t be low enough.
SECOND, I’ve talked about the great headstart you have over the inflation we may start seeing later this year. Well, you really need to take advantage of that headstart. Consider gold and silver. Consider any important “tangible” you can buy at these pre-inflation prices.
I’ll bet my future that I’m right.
The answer in one word? No.
You see, the market isn’t low as measured by its high PE (Price Earnings ratio) and sagging earnings, which will only get worse as time goes on. Stocks cannot withstand the major inflation we’ll see towards the end of 2009.
So don’t listen if someone tries to suck you into stocks. They’ll only be trying to get you to play a short-term trader’s game. And that’s a loser’s game.
stick with the long-term trend.
Inflation.
Remember Will Rogers said, “Invest in inflation, it’s the only thing that’s going up.”
The most money made by betting on inflation will be made while the fundamentals are being set.
WHAT TO DO ABOUT IT
FIRST: As hard as it may be to do, cool your jets on the stock market right now. Remember how many “Sucker’s Rallies” there were in the Great Depression? Six. Buying low right now just wouldn’t be low enough.
SECOND, I’ve talked about the great headstart you have over the inflation we may start seeing later this year. Well, you really need to take advantage of that headstart. Consider gold and silver. Consider any important “tangible” you can buy at these pre-inflation prices.
I’ll bet my future that I’m right.
Thursday, June 11, 2009
Swine Flu Update
WHO: Swine flu pandemic has begun, 1st in 41 years
The last pandemic -- the Hong Kong flu of 1968 -- killed about 1 million people. Ordinary flu kills about 250,000 to 500,000 people each year.
In the United States, there have been more than 13,000 cases and at least 27 deaths from swine flu.
"At this early stage, the pandemic can be characterized globally as being moderate in severity," WHO said in the statement. "Phase 6, if we call a phase 6, doesn't mean anything concerning severity, it is concerning geographic spread ... Pandemic means global, but it doesn't have any connotation of severity or mildness," WHO spokesman Gregory Hartl said.
http://finance.yahoo.com/news/WHO-Swine-flu-pandemic-has-apf-15500492.html?.v=3
The last pandemic -- the Hong Kong flu of 1968 -- killed about 1 million people. Ordinary flu kills about 250,000 to 500,000 people each year.
In the United States, there have been more than 13,000 cases and at least 27 deaths from swine flu.
"At this early stage, the pandemic can be characterized globally as being moderate in severity," WHO said in the statement. "Phase 6, if we call a phase 6, doesn't mean anything concerning severity, it is concerning geographic spread ... Pandemic means global, but it doesn't have any connotation of severity or mildness," WHO spokesman Gregory Hartl said.
http://finance.yahoo.com/news/WHO-Swine-flu-pandemic-has-apf-15500492.html?.v=3
Some Good, Some Bad; Recent Headlines
Citi Sets Plan to Convert $58 Billion in Stock - DealBook Blog - NYTimes.com:
Citigroup is moving forward with a plan to convert a large chunk of its preferred shares into common equity. The long-awaited move is expected to give the United States government a 34 percent ownership stake in the troubled bank.
Dem mutiny on climate bill grows, says Peterson:
By Jared Allen
Posted: 06/10/09 08:17 PM [ET]
More and more Democrats are ready to vote against Speaker Nancy Pelosi’s climate change bill, according to a congressional committee chairman who opposes his leader.The House Agriculture Committee Chairman Collin Peterson (D-Minn.) said Wednesday that he’s at an impasse with the lead sponsor of a climate change bill strongly backed by Pelosi (D-Calif.), and that his list of Democratic members who would join him in voting against the measure is growing rather than shrinking.
Videotaped remarks shed light on Sotomayor:
Judge Sonia Sotomayor once described herself as "a product of affirmative action" who was admitted to two Ivy League schools despite scoring lower on standardized tests than many classmates, which she attributed to "cultural biases" that are "built into testing."
An American's Voice: Can anyone show me what these "cultural biases" that are "built into testing" are? Can you give me an example? I would really love to see what these are all about.
Citigroup is moving forward with a plan to convert a large chunk of its preferred shares into common equity. The long-awaited move is expected to give the United States government a 34 percent ownership stake in the troubled bank.
Dem mutiny on climate bill grows, says Peterson:
By Jared Allen
Posted: 06/10/09 08:17 PM [ET]
More and more Democrats are ready to vote against Speaker Nancy Pelosi’s climate change bill, according to a congressional committee chairman who opposes his leader.The House Agriculture Committee Chairman Collin Peterson (D-Minn.) said Wednesday that he’s at an impasse with the lead sponsor of a climate change bill strongly backed by Pelosi (D-Calif.), and that his list of Democratic members who would join him in voting against the measure is growing rather than shrinking.
Videotaped remarks shed light on Sotomayor:
Judge Sonia Sotomayor once described herself as "a product of affirmative action" who was admitted to two Ivy League schools despite scoring lower on standardized tests than many classmates, which she attributed to "cultural biases" that are "built into testing."
An American's Voice: Can anyone show me what these "cultural biases" that are "built into testing" are? Can you give me an example? I would really love to see what these are all about.
Who and What was This? Post Your Comment
They started out being ruled by a king. After years of rule by a monarchy (rule by one) there was a revolution which overthrew the king and the people established a republican form of government. They drafted a constitution that was to obtain fuller security of person and property. It defined the limits of government, it safeguarded the community against abuses of personal liberty, it gave the right of appeal to a popular assembly. They built a republic that limited government power and left the people alone. Since government was limited the people were free to produce with the understanding that they could keep the fruits of their labor. In time the country became wealthy and the envy of the world.
In the midst of plenty however the people forgot what freedom entailed. They forgot that the essence of freedom is the proper limitation of government. When governments power grew the peoples freedom receded. Once the people dropped their guard power hungry politicians began to exceed the powers granted them in the constitution. Some learned that they could elect politicians who would use government power to take from some and give it to others. Agriculture subsides were introduced, followed by housing and welfare programs. A single politician was elected leader and he soon found himself at serious odds with people in his own government mainly about the redistribution of wealth. Soon this politician tried to take his message straight to the people he wanted to give things to people, by-passing the senate to do so. His "experiment in state socialism was sharply criticized."
Inevitable taxes went up and controls over the private sector were imposed. Soon a number of the countries producers were no longer able to make ends meat and they went on the dole. Productivity declined, shortages developed, and people started to make their voices heard being reluctant to hand over any surplus for distribution to the unemployed. Then mobs began roaming the streets demanding things from the government. Many were induced to trade freedom for security. Eventually the whole system came crashing down. The republican constitution was progressively disjointed and paralysed. They went from a republic, to a democracy, and ended up an oligarchy (rule by a few) under the oppression of their leaders.
Most of the above was taken from a video that I will post here and on a link to the right under "Videos" shortly. Look for the answer 6/13/09.
In the midst of plenty however the people forgot what freedom entailed. They forgot that the essence of freedom is the proper limitation of government. When governments power grew the peoples freedom receded. Once the people dropped their guard power hungry politicians began to exceed the powers granted them in the constitution. Some learned that they could elect politicians who would use government power to take from some and give it to others. Agriculture subsides were introduced, followed by housing and welfare programs. A single politician was elected leader and he soon found himself at serious odds with people in his own government mainly about the redistribution of wealth. Soon this politician tried to take his message straight to the people he wanted to give things to people, by-passing the senate to do so. His "experiment in state socialism was sharply criticized."
Inevitable taxes went up and controls over the private sector were imposed. Soon a number of the countries producers were no longer able to make ends meat and they went on the dole. Productivity declined, shortages developed, and people started to make their voices heard being reluctant to hand over any surplus for distribution to the unemployed. Then mobs began roaming the streets demanding things from the government. Many were induced to trade freedom for security. Eventually the whole system came crashing down. The republican constitution was progressively disjointed and paralysed. They went from a republic, to a democracy, and ended up an oligarchy (rule by a few) under the oppression of their leaders.
Most of the above was taken from a video that I will post here and on a link to the right under "Videos" shortly. Look for the answer 6/13/09.
Wednesday, June 10, 2009
Must Watch Videos
You have to watch these videos. They were taken from the Glenn Beck Program on Fox on 6/9/09. These videos explain better than I have ever heard what is going on with our new fascist government, automakers, and business in general. The videos are in three parts. Once again these are must watch videos.
George Washington On The Dangers Of Political Parties
"The alternate domination of one faction over another, sharpened by the spirit of revenge, natural to party dissension, which in different ages and countries has perpetrated the most horrid enormities, is itself a frightful despotism. But this leads at length to a more formal and permanent despotism. The disorders and miseries, which result, gradually incline the minds of men to seek security and repose in the absolute power of an individual; and sooner or later the chief of some prevailing faction, more able or more fortunate than his competitors, turns this disposition to the purposes of his own elevation, on the ruins of Public Liberty. Without looking forward to an extremity of this kind, (which nevertheless ought not to be entirely out of sight,) the common and continual mischiefs of the spirit of party are sufficient to make it the interest and duty of a wise people to discourage and restrain it. It serves always to distract the Public Councils, and enfeeble the Public Administration. It agitates the Community with ill-founded jealousies and false alarms; kindles the animosity of one part against another, foments occasionally riot and insurrection. It opens the door to foreign influence and corruption, which find a facilitated access to the government itself through the channels of party passions. Thus the policy and the will of one country are subjected to the policy and will of another."
Update to Post: Spending Your Tax Money Is Not Working
This is an update to my post titled "Spending Your Tax Money Is Not Working."
Watch this video from the Rush Limbaugh Show from Monday 6/8/09, the same day my post came out if you want to go back and read it. This is part one of a ten part series. The rest you can find on the video links, this web page, on the right.
Watch this video from the Rush Limbaugh Show from Monday 6/8/09, the same day my post came out if you want to go back and read it. This is part one of a ten part series. The rest you can find on the video links, this web page, on the right.
Tuesday, June 9, 2009
Don't Hate Me Because I am Beautiful
I saw this picture on The Drudge Report a couple of days ago with no link or caption of any kind. With a little research I found out the woman that our classless first lady is destroying in her American hating little mind is none other than the First Lady of France Carla Bruni, you know the former Supermodel. If any of you have any more on this please post a comment. Sure glad people around the world love America once again thanks to the Obamas. Not sure what we think about them though.
Free Health Care is Going to Cost
Yes you can read, the title is right, free health care is going to cost you. Remember President Obama saying "95% of you will get a tax break." Well that little tax break won't even be enough to pay the extra you are spending on cigarettes if you smoke, and oh believe me that is just one example of how, you the average person, is paying more to the federal bloated government. Now read this headline from Bloomberg: Democrats Weigh Health Mandate as Obama Urges Taxing Wealthy.
No thanks, seen that dancing pony before Mr. President. Not only will we all be paying for this "free" health care but you won't even have a choice if you want health care or not. "House Democrats discuss a plan to require health insurance for most Americans." Now read this next one slowly so it sinks into the gray matter. "An outline of the plan obtained by Bloomberg News would require Americans to have insurance with some exceptions.
It would probably exempt those who can prove they can’t find an affordable policy. There could be a tax penalty for those with adequate financial resources who don’t elect to get insurance, according to the outline.
That is great isn't it? Gives you a real good incentive to work hard and make something of yourself in this country doesn't it? Did you know that some of the poor little people that do not have health care are those that choose not to have any? Either they are young and do not want it or rich and do not need it. Now you will be punished either way because remember you will be required to have "free" health care.
"The outline suggests consumers who have individual health insurance policies that they like could keep them. Still, it says that “by and large” the nation’s market for individually purchased health insurance policies would move to a new federally operated exchange.
Oh ya give it to me baby, that is great, I mean the government is awesome at running things. Just look at the post office, I mean smooth, efficient, on time. . . What no wait, are you serious? The Post Office is what? Broke and losing money also. That's hard to believe. Oh well you win some, lose some. I am sure free government run health care will work like a charm and it won't cost us "a dime."
Full article here: http://www.bloomberg.com/apps/news?pid=20601087&sid=aj5HHIKfogR8&refer=worldwide
Go Vote on the new poll, this page on the right
No thanks, seen that dancing pony before Mr. President. Not only will we all be paying for this "free" health care but you won't even have a choice if you want health care or not. "House Democrats discuss a plan to require health insurance for most Americans." Now read this next one slowly so it sinks into the gray matter. "An outline of the plan obtained by Bloomberg News would require Americans to have insurance with some exceptions.
It would probably exempt those who can prove they can’t find an affordable policy. There could be a tax penalty for those with adequate financial resources who don’t elect to get insurance, according to the outline.
That is great isn't it? Gives you a real good incentive to work hard and make something of yourself in this country doesn't it? Did you know that some of the poor little people that do not have health care are those that choose not to have any? Either they are young and do not want it or rich and do not need it. Now you will be punished either way because remember you will be required to have "free" health care.
"The outline suggests consumers who have individual health insurance policies that they like could keep them. Still, it says that “by and large” the nation’s market for individually purchased health insurance policies would move to a new federally operated exchange.
Oh ya give it to me baby, that is great, I mean the government is awesome at running things. Just look at the post office, I mean smooth, efficient, on time. . . What no wait, are you serious? The Post Office is what? Broke and losing money also. That's hard to believe. Oh well you win some, lose some. I am sure free government run health care will work like a charm and it won't cost us "a dime."
Full article here: http://www.bloomberg.com/apps/news?pid=20601087&sid=aj5HHIKfogR8&refer=worldwide
Go Vote on the new poll, this page on the right
Govenator Considers a Flat Tax
Schwarzenegger suggests state consider flat tax
"Gov. Arnold Schwarzenegger said today that he would like to see such “radical” proposals come out of a commission now studying an overhaul of the state’s tax system."
The current system, based on highly unstable income tax revenue that fluctuates with the economy, “doesn’t work,” Schwarzenegger said."
Ya no kidding Governor, you people just now finding that out?
"Advocates of a flat tax, which applies a single tax rate to all income, say it increases compliance with the tax codes because it is so simple and easy to understand. But opponents dislike that it taxes the wealthy at the same rates as the poor."
In other words opponents dislike it because it is fair.
Full Article: http://latimesblogs.latimes.com/lanow/2009/06/flat-tax.html
"Gov. Arnold Schwarzenegger said today that he would like to see such “radical” proposals come out of a commission now studying an overhaul of the state’s tax system."
The current system, based on highly unstable income tax revenue that fluctuates with the economy, “doesn’t work,” Schwarzenegger said."
Ya no kidding Governor, you people just now finding that out?
"Advocates of a flat tax, which applies a single tax rate to all income, say it increases compliance with the tax codes because it is so simple and easy to understand. But opponents dislike that it taxes the wealthy at the same rates as the poor."
In other words opponents dislike it because it is fair.
Full Article: http://latimesblogs.latimes.com/lanow/2009/06/flat-tax.html
Monday, June 8, 2009
Spending Your Tax Money Is Not Working
Read this little excerpt from My Way News: "...big government spending programs are turning out to have the opposite effect."
Well no s**t, any reader of history, no I will do one better, anyone that has a lick of common sense knows this. They call it a catch-22 in the article which I totally disagree with, they claim: "Kick-starting the economy requires higher spending, but rising rates mean fewer Americans will be able to refinance their home loans."
Ya not so much. Can anyone out there imagine coming home and to your wife/husband and them telling you "hey we are out of money and up to our eyeballs in debt, we are going to lose our house." And your response is: "That's ok when we lose the house lets take a bunch of our money and buy a yacht to live on." Now anyone with some common sense can see these people spending money is not going to kick-start their lives and make it any easier on them. They are broke and any money they spend is either borrowed or they stole it. Now what makes the federal government any different. Now just imagine Timothy Geithner and Ben Bernake coming into the president and saying: "Mr. President we are out of money and the economy is tanking." Then the President says: "Well I think we need to spend our way out of this mess." Then the other two geniuses agree. Doesn't make too much sense does it folks?
BIG GOVERNMENT PROGRAMS AND BIG GOVERNMENT SPENDING DOES NOT WORK, DIDN'T WORK IN THE 30'S ISN'T GOING TO WORK NOW. WE'RE SCREWED.
Full article Here: http://apnews.myway.com/article/20090606/D98L67500.html
Vote on the new poll, to the right, this page.
Sunday, June 7, 2009
It's a Start
Well I believe this news article is a good sign, at least for Europe. May take awhile to get here though.
Conservatives racing ahead in EU parliament voting
http://news.yahoo.com/s/ap/20090607/ap_on_re_eu/european_elections
USA MOVES LEFT, EU GOES RIGHT
Conservatives raced toward victory in some of Europe's largest economies Sunday...
Right-leaning governments were ahead of the opposition in Germany, France, Italy and Belgium, while conservative opposition parties were leading in Britain and Spain. Germany's Social Democrats headed to their worst showing in a nationwide election since World War II. Graham Watson, leader of the EU's center-right Liberal Democrat grouping, said early results suggested a rejection of the Socialist approach.
Just a quick American's Voice Blog question here: Why is it that over in Europe all of these leftist nuts actually have the balls to call their parties socialist, while over here in America the democrats run away from using that term and a lot of idiot voters do not think they are socialist? "Socialist here in America no, never happen," they say.
In Britain, Prime Minister Gordon Brown was facing a showdown with rebel lawmakers on Monday after the party's expected dismal results in the European parliament and local elections were announced.
Brown has been struggling with the economic crisis and a scandal over lawmakers' expenses. The opposition Conservatives are expected to win the next national election, which must be called by June 2010.
Conservatives racing ahead in EU parliament voting
http://news.yahoo.com/s/ap/20090607/ap_on_re_eu/european_elections
USA MOVES LEFT, EU GOES RIGHT
Conservatives raced toward victory in some of Europe's largest economies Sunday...
Right-leaning governments were ahead of the opposition in Germany, France, Italy and Belgium, while conservative opposition parties were leading in Britain and Spain. Germany's Social Democrats headed to their worst showing in a nationwide election since World War II. Graham Watson, leader of the EU's center-right Liberal Democrat grouping, said early results suggested a rejection of the Socialist approach.
Just a quick American's Voice Blog question here: Why is it that over in Europe all of these leftist nuts actually have the balls to call their parties socialist, while over here in America the democrats run away from using that term and a lot of idiot voters do not think they are socialist? "Socialist here in America no, never happen," they say.
In Britain, Prime Minister Gordon Brown was facing a showdown with rebel lawmakers on Monday after the party's expected dismal results in the European parliament and local elections were announced.
Brown has been struggling with the economic crisis and a scandal over lawmakers' expenses. The opposition Conservatives are expected to win the next national election, which must be called by June 2010.
New Poll is Up
Just letting you all know that I have a new poll up here on An American's Voice. You can find it over on the right in its usual location under the title " What are You Doing to Preserve America's Freedom?"
Have a great Sunday everyone
Have a great Sunday everyone
Saturday, June 6, 2009
Good Job With the Speech Mr. President
Here we have Heather, a military wife that calls in to the Mark Levin show with her moving response to President Obama’s speech in Cairo. Hat off to Michelle Malkin's Blog for putting this up.
Friday, June 5, 2009
Have a Great Weekend
Have a Great Weekend everyone. Hope this brightens up your days.
As -Z- would say: "A painting for you"
Oh and it is for sale by the way.
Unemployment Rate Hits 9.4%; Thank God For Obama's Stimulus Package
So let me see if I have everything correct here or not. In January the Obama administration put out a paper talking about why we desperately need to pass the stimulus bill. In this paper (that I will link to and show you a graph of below) The administration said that if the stimulus would pass, the unemployment rate would never rise above 8%. Its peak would be around 7.9% later towards the end of the year.
The administration’s report also showed that the unemployment rate would be about 8.1% in April now if they had done nothing. Well in April the unemployment rate was 8.5% already. WOW this is very perplexing. I can't quite wrap me tiny little brain around this (yes I know I wrote me, that's the point). We need this stimulus bill to keep unemployment under 8%. Well we have the crapulus bill and this month unemployment, with the bogus numbers we are getting, is; are you ready for this, drum roll please: 9.4%. TaDa!
Here you can find the administrations report: http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf
Here is a graph that is found on page 5 of that report:
The administration’s report also showed that the unemployment rate would be about 8.1% in April now if they had done nothing. Well in April the unemployment rate was 8.5% already. WOW this is very perplexing. I can't quite wrap me tiny little brain around this (yes I know I wrote me, that's the point). We need this stimulus bill to keep unemployment under 8%. Well we have the crapulus bill and this month unemployment, with the bogus numbers we are getting, is; are you ready for this, drum roll please: 9.4%. TaDa!
Here you can find the administrations report: http://otrans.3cdn.net/45593e8ecbd339d074_l3m6bt1te.pdf
Here is a graph that is found on page 5 of that report:
And here is the article showing our current unemployment rate: http://finance.yahoo.com/news/Jobless-rate-hits-94-percent-apf-15448590.html?.v=13
The Socialist Dictator Kind
Oh I wish I had a pencil thin mustache
The socialist dictator kind
A one tone Jimmy Carter Jacket
And an autographed picture of Ayres would be fine
I remember cocaine to keep me skinny
Writing Marxist papers when the waves were too mini
Oh I wish I had a pencil thin mustache
So I could be a Ruler too.
Oh, I could be anyone I wanted to be
Maybe suave Chavez or the sheik of Araby
If I only had a pencil thin mustache
Then I could be a Ruler too.
Thursday, June 4, 2009
Government Accidentally Post List of US Nuclear Sites
By EILEEN SULLIVAN
WASHINGTON (AP) - The government accidentally posted on the Internet a list of all civilian nuclear sites and their activities in the United States.
The 266-page document was published on May 6 as a transmission from President Barack Obama to the U.S. Congress. According to the document, the list was required by law and will be provided to the International Atomic Energy Agency.
Some of the pages are marked "highly confidential safeguards sensitive."
Full Story: http://apnews.myway.com/article/20090603/D98J6BAG0.html
WASHINGTON (AP) - The government accidentally posted on the Internet a list of all civilian nuclear sites and their activities in the United States.
The 266-page document was published on May 6 as a transmission from President Barack Obama to the U.S. Congress. According to the document, the list was required by law and will be provided to the International Atomic Energy Agency.
Some of the pages are marked "highly confidential safeguards sensitive."
Full Story: http://apnews.myway.com/article/20090603/D98J6BAG0.html
Listen Up Comrades
Venezuela Chavez says "Comrade" Obama more left-wing
CARACAS (Reuters) - Venezuela's President Hugo Chavez said on Tuesday that he and Cuban ally Fidel Castro risk being more conservative than U.S. President Barack Obama as Washington prepares to take control of General Motors Corp.
"Hey, Obama has just nationalized nothing more and nothing less than General Motors. Comrade Obama! Fidel, careful or we are going to end up to his right," Chavez joked on a live television broadcast.
Full Story: http://www.reuters.com/article/ObamaEconomy/idUSTRE5520GX20090603?feedType=RSS&feedName=ObamaEconomy&virtualBrandChannel=10441
Well the brutal communist dictator Hugo Chavez knows exactly who President Obama is. You know what is real sad; Does anyone out there think things would be any different right now in The United States if Senator (oops, I mean Upper House of Representatives) McCain was president right now? Probably not enough to make a difference. While Obama is an outright socialist Upper Representative McCain is a huge progressive and they want the same thing, namely power. They do not believe in the Constitution and they want a huge central government.
CARACAS (Reuters) - Venezuela's President Hugo Chavez said on Tuesday that he and Cuban ally Fidel Castro risk being more conservative than U.S. President Barack Obama as Washington prepares to take control of General Motors Corp.
"Hey, Obama has just nationalized nothing more and nothing less than General Motors. Comrade Obama! Fidel, careful or we are going to end up to his right," Chavez joked on a live television broadcast.
Full Story: http://www.reuters.com/article/ObamaEconomy/idUSTRE5520GX20090603?feedType=RSS&feedName=ObamaEconomy&virtualBrandChannel=10441
Well the brutal communist dictator Hugo Chavez knows exactly who President Obama is. You know what is real sad; Does anyone out there think things would be any different right now in The United States if Senator (oops, I mean Upper House of Representatives) McCain was president right now? Probably not enough to make a difference. While Obama is an outright socialist Upper Representative McCain is a huge progressive and they want the same thing, namely power. They do not believe in the Constitution and they want a huge central government.
You See The Germans Get It
Germany Blasts 'Powers of the Fed'
By JOELLEN PERRY
German Chancellor Angela Merkel, in a rare public rebuke of central banks, suggested the European Central Bank and its counterparts in the U.S. and Britain have gone too far in fighting the financial crisis and may be laying the groundwork for another financial blowup.
"I view with great skepticism the powers of the Fed, for example, and also how, within Europe, the Bank of England has carved out its own small line," Ms. Merkel said in a speech in Berlin. "We must return together to an independent central-bank policy and to a policy of reason, otherwise we will be in exactly the same situation in 10 years' time."
Full article here: http://online.wsj.com/article/SB124398546796379239.html
By JOELLEN PERRY
German Chancellor Angela Merkel, in a rare public rebuke of central banks, suggested the European Central Bank and its counterparts in the U.S. and Britain have gone too far in fighting the financial crisis and may be laying the groundwork for another financial blowup.
"I view with great skepticism the powers of the Fed, for example, and also how, within Europe, the Bank of England has carved out its own small line," Ms. Merkel said in a speech in Berlin. "We must return together to an independent central-bank policy and to a policy of reason, otherwise we will be in exactly the same situation in 10 years' time."
Full article here: http://online.wsj.com/article/SB124398546796379239.html
Wednesday, June 3, 2009
Illegal Aliens Obama Needs Your Vote
Feds spike voter citizenship checks in Georgia
By SHANNON McCAFFREY, The Associated Press
4:09 p.m. June 1, 2009
http://www3.signonsandiego.com/stories/2009/jun/01/us-voting-checks-060109/
ATLANTA — The Justice Department has rejected Georgia's system of using Social Security numbers and driver's license data to check whether prospective voters are citizens, a process that was a subject of a federal lawsuit in the weeks leading up to November's election.
"This flawed system frequently subjects a disproportionate number of African-American, Asian and/or Hispanic voters to additional, and more importantly, erroneous burdens on the right to register to vote," Loretta King, acting assistant attorney general of the Justice Department's civil rights division, said. King's letter was sent to Georgia Attorney General Thurbert Baker on Friday. Secretary of State Karen Handel blasted DOJ's decision, saying it opens the floodgates for non-citizens to vote in the state. "Clearly, politics took priority over common sense and good public policy," said Handel.
Handel said the checks were designed to follow federal guidelines to ensure the integrity of the vote and that those eligible are casting ballots. But the ACLU and the Mexican American defense fund sued, saying the efforts amounted to a "systematic purging" of rolls just weeks before the election. Separately, the U.S., Supreme Court is considering a challenge to the portion of the Voting Rights Act requiring Georgia and select other states to seek approval before tinkering with election law.
Let me just impose a little bit of; what's that stuff called again, you know a lot of people use to have it but today it is kind of scarce...what is that stuff called? Oh ya COMMON SENSE!
Let me start here, all people have to do is follow the natural course of things to see what is really happening in this country. Lets see, the DOJ says that the STATE of Georgia can't check to see if voters are citizens or not. Now I know this is difficult for some (no one reading this blog) but follow this through. Why do people think that is? Why can't the State of Georgia check to see if voters are legal citizens of the United States? Sounds to me like a lot of voters are voting illegally. Perhaps voting for a certain party over the other? Maybe. This is unreal.
Then of course we get the race card like this is 1960 or something. "This flawed system frequently subjects a disproportionate number of African-American, Asian and/or Hispanic voters" says Loretta King. How so? First off we are Americans here. Who is with me on this one? I am sick and tired of people labeling themselves with hyphen this and hyphen that. I am not a European American I am an American damn it and I am proud of it. This is the melting pot we come together here as Americans. Sorry about the rant, I will have to blog on that later. So anyway how does checking ones social security card (wow something just hit me hard with writing that. Think about it. What did we have before Social security cards to keep track of us. Pretty scary stuff when you think about it. What's next federal ID cards, oops wait!) Damn I keep getting off track. So how does checking a persons social security card cause them more burdens? It doesn't seem to be a problem when people are getting a loan now does it? This is nothing more than party politics trying to pander for votes anyway they can get them.
By SHANNON McCAFFREY, The Associated Press
4:09 p.m. June 1, 2009
http://www3.signonsandiego.com/stories/2009/jun/01/us-voting-checks-060109/
ATLANTA — The Justice Department has rejected Georgia's system of using Social Security numbers and driver's license data to check whether prospective voters are citizens, a process that was a subject of a federal lawsuit in the weeks leading up to November's election.
"This flawed system frequently subjects a disproportionate number of African-American, Asian and/or Hispanic voters to additional, and more importantly, erroneous burdens on the right to register to vote," Loretta King, acting assistant attorney general of the Justice Department's civil rights division, said. King's letter was sent to Georgia Attorney General Thurbert Baker on Friday. Secretary of State Karen Handel blasted DOJ's decision, saying it opens the floodgates for non-citizens to vote in the state. "Clearly, politics took priority over common sense and good public policy," said Handel.
Handel said the checks were designed to follow federal guidelines to ensure the integrity of the vote and that those eligible are casting ballots. But the ACLU and the Mexican American defense fund sued, saying the efforts amounted to a "systematic purging" of rolls just weeks before the election. Separately, the U.S., Supreme Court is considering a challenge to the portion of the Voting Rights Act requiring Georgia and select other states to seek approval before tinkering with election law.
Let me just impose a little bit of; what's that stuff called again, you know a lot of people use to have it but today it is kind of scarce...what is that stuff called? Oh ya COMMON SENSE!
Let me start here, all people have to do is follow the natural course of things to see what is really happening in this country. Lets see, the DOJ says that the STATE of Georgia can't check to see if voters are citizens or not. Now I know this is difficult for some (no one reading this blog) but follow this through. Why do people think that is? Why can't the State of Georgia check to see if voters are legal citizens of the United States? Sounds to me like a lot of voters are voting illegally. Perhaps voting for a certain party over the other? Maybe. This is unreal.
Then of course we get the race card like this is 1960 or something. "This flawed system frequently subjects a disproportionate number of African-American, Asian and/or Hispanic voters" says Loretta King. How so? First off we are Americans here. Who is with me on this one? I am sick and tired of people labeling themselves with hyphen this and hyphen that. I am not a European American I am an American damn it and I am proud of it. This is the melting pot we come together here as Americans. Sorry about the rant, I will have to blog on that later. So anyway how does checking ones social security card (wow something just hit me hard with writing that. Think about it. What did we have before Social security cards to keep track of us. Pretty scary stuff when you think about it. What's next federal ID cards, oops wait!) Damn I keep getting off track. So how does checking a persons social security card cause them more burdens? It doesn't seem to be a problem when people are getting a loan now does it? This is nothing more than party politics trying to pander for votes anyway they can get them.
I Am Trying Real Hard to be Respectful
Obama says Iran's energy concerns legitimate
By NANCY ZUCKERBROD
The Associated PressTuesday, June 2, 2009 3:40 PM
Full article: http://www.washingtonpost.com/wp-dyn/content/article/2009/06/02/AR2009060200947_pf.html
Italics are added
LONDON -- President Barack Obama reiterated that Iran may have some right to nuclear energy _ provided it takes steps to prove its aspirations are peaceful.
Now a quote from the President of Iran Mahmoud Ahmadinejad: "Israel must be wiped off the map … The establishment of a Zionist regime was a move by the world oppressor against the Islamic world ."
In a BBC interview broadcast Tuesday, Obama also restated plans to pursue direct diplomacy with Tehran to encourage it to set aside any ambitions for nuclear weapons it might harbor. "Without going into specifics, what I do believe is that Iran has legitimate energy concerns, legitimate aspirations," Obama Said. Now Ahmadinejad: "Israel is destined for destruction and will soon disappear"Israel is "a contradiction to nature, we foresee its rapid disappearance and destruction."
"Although I don't want to put artificial time tables on that process, we do want to make sure that, by the end of this year, we've actually seen a serious process move forward. And I think that we can measure whether or not the Iranians are serious," Obama said. Oh I would say they are serious you... (be respectful, he is the President). It would be my guess that we will see a move this year; We will see a move forward by Israel and a move back to the 1800's for Iran when Prime Minister Netanyahu tells Obama to go play with his hotwheels (you know GM and Chrysler) and leave running a country to him.
Ahmadinejad: "With God's help, the countdown button for the destruction of the Zionist regime has been pushed by the hands of the children of Lebanon and Palestine . . . By God's will, we will witness the destruction of this regime in the near future." Ya President Obama lets sit down and negotiate with these kind of people. How will this negotiation start, I imagine something like this:
President Ahmadinejad: We want to kill all of the Zionist and all of you dumb Americans also.
President Obama: Well, uh, what if we, uh let you take off one of our, uh fingers.
President Ahmadinejad: We want to kill all Zionist and Americans
President Obama: What about, uh the whole arm.
President Ahmadinejad: The Zionist and American Empire must be destroyed
I mean how do you negotiate with that kind of thought process President Obama? Answer is that you can't.
Obama added that there is a danger "when the United States, or any country, thinks that we can simply impose these values on another country with a different history and a different culture."
In my opinion the world could use some of the values and principles that once made this country great. I think most true Americans would agree.
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By NANCY ZUCKERBROD
The Associated PressTuesday, June 2, 2009 3:40 PM
Full article: http://www.washingtonpost.com/wp-dyn/content/article/2009/06/02/AR2009060200947_pf.html
Italics are added
LONDON -- President Barack Obama reiterated that Iran may have some right to nuclear energy _ provided it takes steps to prove its aspirations are peaceful.
Now a quote from the President of Iran Mahmoud Ahmadinejad: "Israel must be wiped off the map … The establishment of a Zionist regime was a move by the world oppressor against the Islamic world ."
In a BBC interview broadcast Tuesday, Obama also restated plans to pursue direct diplomacy with Tehran to encourage it to set aside any ambitions for nuclear weapons it might harbor. "Without going into specifics, what I do believe is that Iran has legitimate energy concerns, legitimate aspirations," Obama Said. Now Ahmadinejad: "Israel is destined for destruction and will soon disappear"Israel is "a contradiction to nature, we foresee its rapid disappearance and destruction."
"Although I don't want to put artificial time tables on that process, we do want to make sure that, by the end of this year, we've actually seen a serious process move forward. And I think that we can measure whether or not the Iranians are serious," Obama said. Oh I would say they are serious you... (be respectful, he is the President). It would be my guess that we will see a move this year; We will see a move forward by Israel and a move back to the 1800's for Iran when Prime Minister Netanyahu tells Obama to go play with his hotwheels (you know GM and Chrysler) and leave running a country to him.
Ahmadinejad: "With God's help, the countdown button for the destruction of the Zionist regime has been pushed by the hands of the children of Lebanon and Palestine . . . By God's will, we will witness the destruction of this regime in the near future." Ya President Obama lets sit down and negotiate with these kind of people. How will this negotiation start, I imagine something like this:
President Ahmadinejad: We want to kill all of the Zionist and all of you dumb Americans also.
President Obama: Well, uh, what if we, uh let you take off one of our, uh fingers.
President Ahmadinejad: We want to kill all Zionist and Americans
President Obama: What about, uh the whole arm.
President Ahmadinejad: The Zionist and American Empire must be destroyed
I mean how do you negotiate with that kind of thought process President Obama? Answer is that you can't.
Obama added that there is a danger "when the United States, or any country, thinks that we can simply impose these values on another country with a different history and a different culture."
In my opinion the world could use some of the values and principles that once made this country great. I think most true Americans would agree.
Sign up for e-mail updates to the right. Thank you
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