Wednesday, October 07, 2009

ROBBING PETER TO PAY PAUL IN DETROIT

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” —Ronald Reagan

Apparently Ronald Reagan had it right when he said" if it stops moving subsidize it". The "IT" he was refering to was not the it that is being subsidizes(aka given), but  money given to the non-earners from hard working tax payers.

When you compare the billions given to Wall Street bankers with the amount that is now given in Detroiy,15 million dollars, it is insignificant. But when you realize that 99% of the recipients are minorities who will vote for Democrats in 2010, and the bankers will not only vote but contribute large sums of money to re-elect those who gave them the money. You can understand that this is just another example of reditribution of wealth only to those who support Obama and the Democrats!

The stimulus bill was sold to the public as a "shovel ready program" that would put people back to work, but with the unemployment hovering around 10%  it appears that all the stimulus is doing is reassuring that Obama and his Congressional sycophants get re-elected!

The assistance in Detroit, announced by the media today, is from a 15 million dollar pile of money coming to Detroit, Michigan as part of the stimulus package.
I believe in charity for the homeless in the form of food kitchens and temporary housing for the really homeless, but it should come from the private sector via the Churches and Community organizations like San Francisco's Glide Memorial Center, which has been doing GODS work for decades. Not from the tax payers!

The thing that is going on Detroit has two fatal flaws that make it a non-starter before it began. One is that if you give money in the form of cash or check how do you know that the people whom you are giving it to will spend it on the intended purpose for which you gave the money?
The second is the final qualification sentence in the list of things that woul qualify a person or family for  the assistance. "That they must be able to maintain housing after receiving assistance. How can a homeless person do this?And by the wat how will those giving away the money determine that those who apply as homeless have bee residents of Detroit for at least six months. Will they evn try?
Also, a resident must make 50 percent less than the median area income, which would be less than $24,850 for single Detroit residents and less than $35,500 for a family of four.

All this is accomplishing is redistributing the wealth as we know Obama has promised he will do.
But there is a brewing problem with this seemingly good deed. The Urban-Brookings Tax Policy Center recently disclosed that close to half of all households will pay no income tax this year. Some will pay less than zero -- that is, they'll get money from those of us who do pay taxes.


The Tax Policy Center adds that this year the average income-tax rate for the bottom 40 percent of earners will be negative and that their cash subsidy will equal 10 percent of the total amount the income tax brings in, thanks to the Earned Income Tax Credit and President Obama's "Making Work Pay" program.

The view from the top also shows the lopsidedness of the tax system. The top 20 percent of earners makes about 53 percent of the income in America but pays 91 percent of the income tax. The top 1 percent pays 36 percent. The IRS says the bottom half of earners pays less than 3 percent.
This presents a serious problem because government has such vast powers to dispense favors. As Shaw suggested, people who pay no tax will not hesitate to vote for politicians who promise big spending. Why not? They will get stuff without having to pay for it. Source:PatriotPost.com

And to the  insult of the tax payers. The City of Chicago was visited today by the U.S.  Attorney General and the Secretary of Education to meet with officials of the Chicago leadership. The meeting was held because of the national outrage from the TV pictures of an honor high school student being beaten to death with large boards.Why did they not visit Los Angeles or New York where crime is rampant?
Why now? I believe that the Obama administration lost the bid to bring the Olympics to Chicago which would have brought millions to Chicago politicians. So now they are going to get money from Obama that will be handed over in the name of reducing the killing of teens, but will in fact be used to buy continued support for Democrats and Obama.
The amount is unspecified as is what they will use it for. Clinton when he was president sent millions to major cities including Chicago to establish midnight basket ball. But the plan failed to stop the killing!

Not one of the participants in the "meeting" mentioned increasing law enforcement and severe punishment for offenders. This is a dirty thought for Liberals who believe, as they have for decades, if you throw money at problems they will fade away. As Thomas Sowell says; ".the problem with the political left is that they seem to have no sense of the tragedy of the human condition. All problems seem to them to be due to other people not being as wise or as noble as they are".
So unknown millions will go to Chicago and it will still have a crime rate among the youth unless the law enforcement people begin a war against the gangs!.

Don't hold your breath until that happens, as long as the Daley machine and the Obama machine believe in spending other peoples money will stop crime and solve all of societies problems!

Tuesday, July 21, 2009

The special inspector general for TARP Niel Barofsky will testify Tuesday before the House Committee on Oversight and Government Reform. The office of the special inspector general was created to serve as an auditor of the federal bailout by the same legislation that launched the TARP program itself.

Originally, TARP was intended, Barofsky writes, to facilitate “the purchase, management, and sale of up to $700 billion of “toxic” assets, primarily troubled mortgages and mortgage-backed securities.”

But that plan was soon rejected, and the TARP instead became a grab bag of bailout initiatives, including bailouts for GM, Chrysler and auto parts suppliers as the federal government struggled in real time to contain a spiraling economic disaster.

Barofsky reports that TARP has come to include 12 separate programs that include a total of as much as $3 trillion, “including TARP funds, loans and guarantees from other agencies, and private money.” Of the initial $700 billion allocated by Congress, Barofsky found that the Treasury has so far announced how $643.1 billion will be spent, and it has actually spent $441 billion as of June 30

Barofsky’s calculation of a $23 trillion figure took into account a wide-ranging group of federal programs set up by disparate agencies within the federal bureaucracy. Secretary of Treasury, Timothy Geitner, will probably have him waterboarded for saying things like "Yeah, nobody at Treasury even knows where the banks put all that money we gave them."
The special inspector general counted approximately 50 initiatives or programs launched since 2007 to fight the economic collapse.

The Federal Reserve, he found, has increased its balance sheet from $900 billion to more than $2 trillion, and Barofsky estimated that the total amount of support to the economy by the Fed. is at least $6.8 trillion, because it is exposed to significant losses if many of the assets guaranteed by the Fed deteriorate in value.

Barofsky points out the non-TARP programs, which are far larger than the TARP itself, do not come with the strings that the high-profile TARP money itself comes with, including executive compensation, and they don’t necessarily require congressional approval. And beyond the ability to tally their costs, Barofsky has no authority as an auditor over the non-TARP programs.

I believe that if your aim is to "remake America" as Obama has promised to do, you must first examine the following definitions. Then you will realize that the "CHANGE" is a radical turn toward socialism at the very least!

Socialism - when Government owns the means of production.
Fascism - When the Government controls the means of production.
Marxism - when the workers own the means of production

This quote by Obama illustrates that you can not judge a man by what he says, but what he has done and proposes to do.

Obama has said this: “I want to disabuse people of this notion that somehow we enjoy, you know, meddling in the private sector,” Any thoughtful person will quickly note that for a man who profess to not want to "meddle" in the private sector.His Health Care Plan, Cap and Trade, and take over of General Motors put the LIE to his protestations!
In particular, the actions in dealing with Chrysler and GM, this seems to be true. The main problem is, for those that believe in the Rule of Law, the Right to Private Property, in fairness and equality, and the free market of capitalism (which has created more wealth for more people than any other system in the world's history!), this headline from John At Powerline seems to say it all.

"The Chrysler reorganization was another milestone in the decline of the rule of law under Barack Obama. We've said for quite a while that bankruptcy is the only viable option for Chrysler and General Motors, not--as Obama claims--because they don't know how to make the right kinds of vehicles, but because their unsustainable union contracts make it impossible for them to be profitable. That reality has now been turned on its head, as the administration has tried to bully Chrysler's secured creditors into going away, while the United Auto Workers Union, solely on the basis of political clout, would be paid at an implied rate of 50 percent and would emerge owning 55 percent of the company, with the government also holding a stake.
When some of the secured creditors refused to be intimidated, Obama libeled them in the press, saying, outrageously, "I don't stand with those who held out when everyone else is making sacrifices." Actually, under Obama's plan the politically favored parties, principally the UAW, will benefit--will steal money, to put it crudely--from the parties who held out. Those parties call themselves the "non-TARP lenders", and instead of getting placed in the front of the line for re-reimbursement as the Constitution demands. Obama put them literally, "in the back of the Bus"!

Not only is this an act that shreds the Constitution, but shows how people who have the temerity to oppose Obama will be treated--intimidation!
Remember this - the Obama's Government HAS to make these Trillions of our dollars actually work or he AND the Congressional Democrats are toast! They have to have private investment to assist in order to be successful. Ask yourself this question: while the lure of profits is strong, what sensible fund manager is going to partner with the Destroyer-of-Wealth-in-Chief as long as Obama keeps throwing our money away?

There was supposed to be a midsummer budget report released a few days ago, the middle of July. But Obama has conveniently hidden it away for an extra month. Why? Health care legislation. Global warming cap-and-trade legislation. He is hiding the fact that these initiatives, futile as they are anyway, simply cannot be paid for under any scenario whatsoever. Not the best-case rosy scenario that Obama and his minions painted back in February, and certainly not under the worst-case, which is far closer to where we are. The White House has been forced to paint an economic picture that is at best smoke and mirrors, and at worst an outright fraud! Source:thebogproof;Obama

There was no stimulus in the stimulus bill. Most of the money is to be spent in 2010, an election year! The facts are in the numbers that "porkulus" was and is an utter failure. Even worse is that the actual unemployment rate is only as low as it is because many of the unemployed have simply given up on finding a job and are thus off of the statistics.Nationally we are at 105, BUT IN MANY STATES THE UNEMPLOYMENT RATES ARE APPROACHING 12except for Michigan that stands at 15%!

The nation's debt ( the total of accumulated annual budget deficits ) now stands at $11.6 trillion. In the scheme of things, that's more important than talking about the "deficit," which only looks at a one-year slice of bookkeeping and totally ignores previous indebtedness that is still outstanding.

This is supposed to be a representative government, and facts such as the mid-summer budget report should not be hidden from the population to foist upon them something they would not want if they had been informed. But that is exactly what is happening under Obama. Wasn't this supposed to be the most transparent administration in U.S. history? The only transparency here is in the seeing of the dishonesty at every step of the way. When will the electorate finally wake up? In fact, when will most of the MSM wake up? They've been in bed, with a smooth-talking Obama, and if and when the wake up.That next morning will be a doozy for them!

And as I bring this tome to a close I just learned that the Senate has voted to strip $1.75 billion on seven additional F-22 jets that President Obama said was unnecessary and would doom a $680 bill authorizing defense spending plans for the coming fiscal year.

The 58-40 vote prevents Obama from carrying out a threat to use the first veto of his presidency if senators had kept the designation in the defense bill.

Obama thanked the senators for approving the amendment that he says will "better protect our troops." Absurd statement or a Commander in Chief!

Obama said he rejected the notion that the country has to "waste billions of taxpayers dollars" on outdated defense projects.
When has the newest fighter jet, that is operational, an outdated weapon? This president is dangerous!

Wednesday, March 18, 2009

WHEN WILL OUR LEADERS START THINKING ABOUT SAVING OUR ECONOMY?

The forthcoming G-20 meeting of the twenty largest economy's in the World will try to give the impression that elected and appointed officials will accomplish something that will reverse the negative spiral of the World Economy.
On deck is the request by the USA , Britain and Germany to China to contribute more money to the World recovery. But the Communist Chinese Premier has already said that China would not contribute more money to the World bail out unless the G-20 nations treat China more favorably. What he needs to satisfy him has never been revealed to the American public, but I suspect it is something that will not make Americans happy.
Thus, the G-20 in my opinion is nothing more than a meaningless charade dressed up as a waste of time!

One thing I expect to come out of the G-20 meeting is the agreement to flood the World market with "worthless" paper money, that will devalue all currencies and cause super inflation World wide,

Alistair Darling and senior figures in the US Treasury have been encouraging the Fund to issue hundreds of billions of dollars worth of so-called Special Drawing Rights in the coming months as part of its campaign to prevent the recession from turning into a global depression.

Should the move, which is up for discussion by the summit of G20 finance ministers this weekend, be adopted, it will represent a global equivalent of the Bank of England's plan to pump extra cash into the UK economy.

Economists warned that the scheme to flood the World with "printed" money could cause a major swell of inflation around the world as the newly-created money filters through the system. The idea has been suggested by a number of key figures, including billionaire investor George Soros( big contributor to Obama's campaign and a Socialist) and US Treasury adviser Ted Truman.

Simon Johnson, former chief economist at the IMF, said: "The principle behind it is that everyone would get bonus dollars and instead of the Federal Reserve having to print them, everyone gets them.

"The objective is to create a windfall of cash. However if everybody goes out and spends the money it could be very inflationary." Source:World Telegraph

On top of all this manipulation of worthless money there is the issue of where the Stimulus money went that was appropriated by the Congress and signed into law by President Obama.

An examination of just where the tax payers money went, reveals that more money went to foreign banks in Great Britain, Germany, France and Switzerland than went to banks in the USA! The money was given to AIG by the Federal Government supposedly to save our economy by bailing AIG out, an investment firm that could not be allowed to fail. Then AIG CEO Edward Liddy promptly distributed payments of $105.3 billion between September and December 2008. And some of the biggest recipients were European banks. Societe Generale, based in France, was the top foreign recipient at $11.9 billion, Deutsche Bank of Germany got $11.8 billion and Barclays, based in England, was paid $8.5 billion.

Here in the U.S., Goldman Sachs received $12.9 billion, and Lehman Bros. was allowed to go bankrupt! Where is the justification for OUR government allowing foreign banks to survive while allowing some financial institutions in the USA to fail?

Tuesday, March 03, 2009

President B.Hussein Obama in his first forty days in office has made the greatest shift to the left in OUR government that any President in History has made. Even FDR did not make such a rapid shift to the left!
His spendulus effort has committed the American taxpayer to trillions of dollars for programs that most conservative economists believe will do absolutely nothing to raise our economy out of it's doldrums, but will make a giant step toward socializing our Country.

The history of Obama's formative years contain the names of anarchists, Communists and just plain America haters. To name just a few, we have alleged mentors Frank Marshall Davis, Rev.Jeremiah Wright and Weatherman and bomber William Ayers, and Leftist colleagues in the Democrat Party, the Socialist New Party, the ACORN crowd, Rod Blagojevich, Richard Daley, Saul Alinsky, Father Michael Pfleger, Khalid al-Mansour, Kwame Kilpatrick, Louis Farrakhan, Rashid Khalidi and Raila Odinga. I am sure they would say to BHO, "just keep up the good work"!

For most of my adult years I have been aware of the disdain that Labor has for most management, but never before has a President and his "henchmen" tried so hard to divide Americans into the Rich versus the Poor. Class hatred has become an art form in the Obama administration. All the while he and his cronies party on each Wednesday in the White House with selected guests and celebrities, all at taxpayers expense! While the Dow is in a free fall! I believe that the 27% fall in DOW average, since Obama's election, is a reflection of the people who buy stock, feeling that they can't rely on Obama to correct the falling economy with what he and a co-operating Congress have cobbled together.

As Stuart Varney(an ex-Britt.) has said on television today. He is convinced that Obama is taking the USA down the path to Socialism that Great Britain took 30 years ago. I agree with him, and it is time for those who thought the CHANGE Obama was talking about was to make the Republic we live in a better place to live and work. Was but a dream on their part!
Unless you are one of those 50% who pay no taxes, and wait each month for your government check to come. I am afraid the road ahead will be one of redistribution of your wealth, more taxes and devaluation of the money you have and earn.While Congress and Obama commit "Generational theft"!

Monday, February 23, 2009

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.…nbsp; —Ronald Reagan

First it was the Global Warming warning from "alGoreites" that caused normally rational people to believe that man is destroying the planet because we use fossil fuels. As a result we are in the desperate position that relies on Countries for our economic life blood(crude oil) that basically do not like us. Even though we have enough oil off shore in the Dakotas and the ANWAR region of Alaska to provide the fuel that drives not only our economy but our military,and our defense.
While we beg Communist China to buy more of our treasury bonds.Secretary Clinton just left Beijing after trying to talk a reluctant communist country to help support Obama's $787 billion stimulus Bill!
One of the worst air polluters in the whole World is busy making deals in Africa to drill for more oil to run the economic giant that already holds 696.2 billion dollars of our T- Bonds!

Which brings me to the second fear tactic that has been perpetrated on the American public. President Obama is flying all over the Country crying Crisis and predicting a worst depression than the USA had in the 1930s if we do not spend more billions on his "rescue" package. This is a bold face lie and the facts prove that what he is doing is paying back those who got him elected, and laying the ground work for more government employees that will be dependent on the welfare state for their livelihood. Thus guaranteeing his voting base and the Congressional Democrats for years to come. The stimulus is costing approximately $3000 per American,and yet Obama and the Democrats are crying crisis about an economy that so far has only dropped by $120 per person. Perhaps the economy has more to fall, but it doesn’t make sense to spend billions of dollars in order to rescue a few auto industries and some banks that due to total mismanagement are failing.


Only a few people pointed out last year that chaos for the finance industry does not necessarily mean tragedy for the economy as a whole, so that bailouts and stimulus packages are worth far less than their price tag. Now we know: the economy as a whole continued to maintain high levels of production production and spending. Although the economy should be closely watched in 2009, taxpayers would be better served if their representatives would discern hype from real disaster, and thereby better protect taxpayer wallets from the alarmists.

In plain English: adjusted for inflation, total spending in the United States economy was about one percent lower in October-December than it was July-September. (The fourth quarter performance would have to repeat itself three more times – for a full year – in order for real GDP to actually fall the 3.8 percent in the headline.)

None of us likes to see our purchasing power fall, but it helps to put the one percent drop in perspective. That drop was pretty similar to what happened during the 1990 recession. Real spending has so far done much better than the 1981-82 recession, when it fell three times as much. The Great Depression of the 1930s was far worse.

Another way to understand the headline: spending fell $120 per person.The Bureau of Economic Analysis showed recently that so far this recession is mild by historical standards. Nevertheless, President Obama's fear-mongering continues.How else would he be able to spend so much money that we do not have to further his welfare state!
This despite the fact that a survey of 47 professional forecasters released by the National Association of Business Economists on Monday predicted the recession-hit economy would begin to recover in the second half of this year, returning to a potential growth trend in 2010.

Perhaps the real problem Obama and his "One World" supporters are worried about is the financial crisis in Europe more than what is happening here at home. During the past weekend two cheer leaders for Obama's "spendulus " Bill, Billionaire and Socialist George Soros(the bank roller for Obama's election campaign) said the economic World turbulence is actually more severe than during the Great Depression, comparing the current situation to the demise of the Soviet Union.
He said the bankruptcy of Lehman Brothers in September marked a turning point in the functioning of the market system.
"We witnessed the collapse of the financial system," Soros said at a Columbia University dinner. "It was placed on life support, and it's still on life support. There's no sign that we are anywhere near a bottom."
He was joined by another Obama advisor Paul Volker,former Federal Reserve chairman who is now a top adviser to President Barack Obama.
Volcker said industrial production around the world was declining even more rapidly than in the United States, which is itself under severe strain.
"I don't remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world," Volcker said.

Volker is old enough(81 years old) and supposedly smart enough to know the history of recessions since the Great Depression, but if you are a wealthy elitist who thinks he knows what is best for us "ordinary" folks. Then he might think bankrupting this Country by spending money we do not have, and will have to borrow from Japan and Communist China is a good way for our Republic to go!
Posted by BILL

Friday, February 20, 2009

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” —Ronald Reagan

George Mason University college Professor Richard Wagner wrote this for the office of the House Republican Leader: "Any so-called stimulus program is a ruse. The government can increase its spending only by reducing private spending equivalently. Whether government finances its added spending by increasing taxes, by borrowing, or by inflating the currency, the added spending will be offset by reduced private spending. Furthermore, private spending is generally more efficient than the government spending that would replace it because people act more carefully when they spend their own money than when they spend other people's money." A short translation of Wagner's comment is: There is no Santa Claus!

If the value of all that we in the USA will produce in 2009(our gross domestic product (GDP)) totals $14 trillion. There should be no disagreement that if Congress spends $4 trillion, of necessity there is only $10 trillion left over for us to spend in the private sector. In other words, if Congress is going to spend $4 trillion, it must find a way to get us to spend $4 trillion less. The most open and somewhat above board method to force us to spend less privately is to tax us to the tune of $4 trillion.

Another method to force us to spend less privately is to print money and inflate the currency. Rising prices reduce our ability to spend privately since each dollar we hold will not buy as much. Another way is for Congress to borrow,(from Communist China, Japan or Brazil) thereby reducing our ability to spend privately.

By the way, all of this means that in any real economic sense to those who study economics, is the federal budget is always balanced. That is, if Congress spends $4 trillion we must privately spend $4 trillion less whether it is accomplished through taxation, inflation or borrowing.

This is where the government and specifically President Obama are acting like the mythical figure Santa Claus.Santa magically appears each Christmas eve to deliver presents to all good little children. The children do not know the presents come from their parents at first, but believe the benevolent Santa has given them their gifts with no financial consequences for anyone.

What Obama and his minions are doing with the stimulus package and fear, is shifting money to those who have not earned it, but still were allowed(actually encouraged) to buy houses that they could not afford.

But the government has no money to give, they have given all your tax dollars to the first "bail out"(TARP) for which there has been no accounting of how it was spent.
Since the Federal government makes no money, and relies on taxes and fees to support their largess. They should extend the tax cuts due to expire soon, and this would kick start the economy and produce more taxes.
The almost 800 billion dollars in the governments bag of gifts is tax dollars and IOU's from taxpayers not yet born! But they like Santa Claus don't tell those whom receive the gifts that they come from elves in the North Pole. The Obamaites are busy telling them they are taking the money from those greedy money makers who have taken advantage of the "have nots" far too long! And Obama and his cadre are here to redistribute the wealth while creating a welfare state!

And if this is not enough to make your blood boil, consider this. In 2010 there are 15 separate taxes that are scheduled to rise that will cost taxpayer an additional 200 billion dollars in Federal taxes. If you think Obama will stop the raises I will tell you the story about the tooth fairy!

Tuesday, February 17, 2009

,




IF ANY OF YOU THINK THAT THE UNION LEADERS CARE ANYTHING ABOUT OTHER THAN GROWING THEIR MEMBERSHIP TO GAIN POWER AND LEVERAGE. THIS STORY SHOULD DISSUADE YOU!

WASHINGTON "The U.S. government will release $4 billion in additional aid to General Motors Corp (GM.N) on Tuesday as planned, a White House aide said on Monday, ahead of the deadline for the automaker to submit a new survival plan.
The aide said GM's smaller rival Chrysler LLC's request for additional aid would be treated as a new request and dealt with separately.

GM is seeking concessions from the United Auto Workers union and creditors under the terms of its $13.4 billion federal bailout. It must submit a restructuring plan to U.S. officials on Tuesday showing how it can cut costs and pay back the loans.

President Barack Obama has decided to launch a government task force for restructuring the U.S. auto industry instead of naming a "car czar" with sweeping powers. THIS DESPITE THE FACT THAT THE UAW HAS FAILED TO MAKE ANY CONCESSION!

He is appointing Treasury Secretary Timothy Geithner as his "designee" for overseeing auto bailout loans and as co-head of the new high-level panel together with White House economic adviser Lawrence Summers, a senior administration official said on Sunday.

To date, GM has received $9.4 billion in federal aid that has allowed it to stay in operation since the start of the year. It is widely expected to seek additional assistance with the restructuring plan due Tuesday.

Chrysler, controlled by Cerberus Capital Management, has been granted $4 billion in federal and is seeking an additional $3 billion". SOURCE:WMMB NEWS 1350 AND 1240


General Motors and Chrysler will pick up the second installment of their federal loans today, even as the Treasury Department begins to review the two automakers' restructuring plans, also to be submitted today. The plans are supposed to outline how they intend to again become viable and repay the government loans.

GM already has received $9.4 billion in government loans and Chrysler $4 billion. Under the loan agreement, GM will receive another $4 billion and Chrysler an additional $3 billion today, said an Obama administration official, speaking on condition of anonymity because he was not authorized to discuss the payments. The second installment of loan payments had been expected.

General Motors Corp. says it is making progress Monday in concession talks with debtholders and its main union, but deals may not come until after the deadline passes, according to people briefed on the situation.But I doubt any substantive concessions will be made since they are getting the money before the details of their mandated by Congress plan is finalized. Kind of like the Senate passing the stimulus(?) Bill before any Senator had time to read it!

But the one concession that the "stimulus" bill made was to further the cause of ridding the USA of unproductive citizens, as this quote from the PatriotPost illustrates.
"No one should be surprised at the coming embrace of euthanasia. After the Supreme Court deprived the unborn of their right to live by declaring them nonpersons, it was only a matter of time before other categories of human life deemed to be inconvenient or unwanted would also face extermination in order to benefit the government, the healthy and the wealthy, who prefer not to be disturbed in their pursuit of pleasure, personal peace and affluence".

"Euthanasia will not originate with your beloved grandmother or parents. It will start in a public hospital with a 100-year-old woman who has multiple health problems and "wants" to die so as not to "burden" anyone. Public opinion polls will determine that a majority favor letting -- even helping -- the old girl die".

As Thomas Sowell said today so perfectly; "There is far more to fear from this administration than its amateurism in governing. The urgency with which it has rushed through a monumental spending bill, whose actual spending will not be completed even after 2010, ought to set off alarm bells among those who are not in thrall to the euphoria of Obama's presidency".

Friday, February 13, 2009

IS A GAG RULE INCLUDED IN THE "STIMULUS" BILL?

Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” —Ronald Reagan
With the decision to not release the over one thousand page compromise Bill that was rushed through the meeting of Pelosi, Reid and Rod Emanuel,the public and those who will be voting on this bill will have little or no time to read and digest the ontents of the "spendulus" bill being rammed down the throats of the American taxpayers. One thing that has been noted very little by the Media is the inclusion in this bill of a "Net Neutrality Rules"!

This semantic description of a gag rule for Conservative blogger and network web pages is an attempt to sneak just one of many dictatorial rules and regulations being pushed by the Left, that has absolutely nothing to do with stimulating the economy.

The House Democrats' $825 billion legislation released on Thursday was supposedly intended to "stimulate" the economy. Backers claimed that speedy approval was vital because the nation is in "a crisis not seen since the Great Depression" and "the economy is shutting down."

That's the rhetoric. But in reality, Democrats are using the 258-page legislation to sneak Net neutrality rules in through the back door.

The so-called stimulus package hands out billions of dollars in grants for broadband and wireless development, primarily in what are called "unserved" and "under served" areas. The U.S. Department of Commerce is charged with writing checks-with-many-zeros-on-them to eligible recipients, including telecommunications companies, local and state governments, and even construction companies and other businesses that might be interested.

The catch is that the federal largess comes with Net neutrality strings attached. The Commerce Department must ensure that the recipients "adhere to" the Federal Communications Commission's 2005 broadband policy statement (PDF)--which the FCC said at the time was advisory and "not enforceable," and has become the subject of a lawsuit before a federal appeals court in Washington, D.C.

One interpretation of the "adhere to" requirement is that a company like AT&T, Verizon, or Comcast that takes "stimulus" dollars to deploy broadband in, say,Texas must abide by these rules nationwide. (It's rather like the state of Texas demanding that a broadband provider filter out porn nationwide in exchange for a lucrative government contract.)

In addition, recipients must operate broadband and high-speed wireless networks on an "open access basis." The FCC,now under Democratic control, is charged with deciding what that means. Congress didn't see fit to include a definition in the bill.

This, just like the embarrassing press conference that was held by former New York Federal Reserve Board Chief, and new Treasury Secretary, Tim Geitner. His presentation was full of generalities and little or no specifics. These will follow, and you can bet the Farm, that they will be to reign in the soaring popularity of conservative blogs and web pages.

A recent study from the U.S. Chamber of Commerce says that the absence of Net neutrality laws or similar federally mandated regulations has spurred telecommunications companies to invest heavily in infrastructure, and changing the rules "would have a devastating effect on the U.S. economy, investment, and innovation."

Now, perhaps extensive Net neutrality regulations are wise. But enough people seem to have honest, deep-seated reservations about them to justify a sincere discussion of costs and benefits--rather than having the requirements stealthily injected into what supposed to be an emergency save-the-economy bill scheduled for a floor vote within a week or so.
And Obama administration was supposed to be about openness and Change for the better!
Source:CnetNews.com

Friday, February 06, 2009

DON'T FORGET TO PROTECT OUR COUNTRY WHILE STIMULATING!

“Remember Democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a Democracy yet that did not commit suicide.” – John Adams, letter to John Taylor, April 15, 1814

One hundred and ninety years ago one of our founding fathers said that Democracy commits suicide, and from the way Americans have accepted the rash interpretations of the Constitution in the past fifty years. It appears he is right on point!

Our Supreme Courts decisions in Roe vs Wade and the decision allowing the burning of our flag have been just two examples of the way we have allowed our freedoms and morals to degenerate.
Then there is the way we have allowed the horde of illegal aliens to not only cross our borders but to stay here, and the drive to make everything politically correct has furthered the slide down the slippery slope!

Through it all we have up to now been able to remain the Worlds military super power, and by being powerful we have not garnered much love, but we are still free of attacks on our soil since 9/11/01.

Now comes the "change master" and the "spendulus" package that is well over 900 billion dollars at the time I write this blog.
When the public complains that we are spending money we do not have, and will not have for the foreseeable future. The Democrats talk about cutting the expenditures for the military. After all they are about making America the model welfare state that other countries have tried and failed to produce.

Most of the weapons systems that we ask our brave men and women to take into battle are old and rapidly becoming obsolete. Take the F-18 fighter plane. It was put into use by the military in the 1980s after being designed and approved for production in 1976.
F/A-18 Hornets are currently operating in 37 tactical squadrons from air stations world-wide, and from 10 aircraft carriers. They are, or were scheduled to be replace by the F-22, but guess where the Democrats plan to save money?

While the Republicans in Congress have identified the "stimulus" bill as a PORK spending bill, and are trying to rip out the pork. I believe the whole bill should be scrapped and a new bill that includes money to quick start the economy by including tax cuts and help to the "home owners". The favorite target of liberals is the military, and I have enclosed an excerpt from The Patriot Post written by Ollie North for your information about the lack of concern that some Democrats have to keep our military preparedness.

"Additional "savings" have been identified by others on Capitol Hill. Reps. Barney Frank and Barbara Lee have announced that they want to "trim" what they call "Cold War-era" weapons from the 2010 budget. Included in their "cut list" are the F-35 Joint Strike Fighter ($6.1 billion), the F/A-22 Raptor ($4.5 billion), the Marines' V-22 Osprey ($1.3 billion), the DDG-1000 destroyer ($3.5 billion) and the Army's Future Combat Systems ($3.7 billion).

Even though Iran succeeded in putting a satellite in orbit this week -- demonstrating the capability to launch nuclear-tipped ICBMs -- Rep. Frank persists in claiming that ballistic missile defense ($8.9 billion) is on the chopping block, as well, adding, "We don't need all these fancy new weapons."

In an increasingly dangerous world, in the midst of a war and serious global economic woes, this kind of thinking is lunacy. The Obama administration and their liberal allies on Capitol Hill need to set aside their deep-seated, pathological antipathy toward America's military and invest in the defense of this nation.

In the aftermath of the "Daschle Debacle," Mr. Obama acknowledged, "I screwed up." It is now time for him to make the same admission about his efforts to gut our defense budget. Spending more on defense -- not less -- is not only good for our economy but also good for all of us".SOURCE: OLIVER NORTH

Posted by BILL

Thursday, February 05, 2009

WHILE WE FIGHT OVER "STIMULUS" RUSSIA STAKES CLAIM TO NORTH POLE!

The present financial debacle in Washington is taking more time to resolve than President Obama had planned. He entered the Oval Office and began signing executive orders that fulfilled campaign promises like the closing of Gitmo in one year.

But while the President is making his way through his plan to direct OUR free enterprise system into a Socialist, government controlled, government employed country. The Russians are doing more than rattling their scimitars!

The latest move of the Putin/Medvedev coalition in Moscow is the move to claim the Arctic as their property.

The government-controlled newspaper Rossiyskaya Gazeta is preparing Russians for the notion that "the fight for the Arctic will be the initial spark for a new division of the world." Artur Chilingarov, a member of the Russia parliament and Moscow's chief ideologue when it comes to conquering the Arctic, puts it this way: "We are not prepared to give our Arctic to anyone."

Chilingarov -- who in August 2007 used a remote-controlled submarine arm to plant a Russian flag made of titanium on the ocean floor at the North Pole at a depth of 4,261 meters (13,976 feet) -- wants to "present evidence to the United Nations within one year" that the North Pole belongs to the Russians. His threat to those in the West who disagree is simple: "If these rights are not recognized, Russia will withdraw from the UN Convention on the Law of the Sea."

Alexander Dugin, a political scientist and well-known intellectual backer of Moscow's neo-imperial claims to a Greater Russia, becomes so caught up in nationalist fervor that he loses his grasp on biological realities: "The purpose of our being lies in the expansion of our space. The shelf belongs to us. Polar bears live there, Russian polar bears. And penguins live there, Russian penguins."

Although the Arctic may be somewhat lacking in penguins, Russia's frozen north does contain vast mineral resources. Arctic Russia is already responsible for 11 percent of the country's gross domestic product and 22 percent of its export earnings.

The intended expansion of Russia's northern border by at least 150 miles (241 kilometers) and 1.2 million square kilometers (463,000 square miles), an area three times the size of Germany, promises to yield immense natural resource earnings.

It was precisely these riches that Russian Deputy Minister of Natural Resources and Ecology Sergei Donskoy discussed at the Arctic Frontiers conference in the northern Norwegian city of Tromsø, where several hundred scientists, politicians and economic experts came together last week.

"We hope to find reserves of oil and gas corresponding to about 20 percent of Russian reserves," Donskoy said, outlining Russia's plans for the Arctic.

Under that plan, geologists will first study the Barents Sea and the Kara Sea. They expect to find at least two to four large oil or gas fields beneath the ocean floor in each of these two seas. According to Russia's environment minister, a petroleum engineer by trade, the fields contain an estimated 3.3 billion tons of oil and up to 5 billion cubic meters of gas.

If all goes according to plan, the first gas from the Arctic should begin flowing in 2013 or 2014, says Hervé Madeo, the deputy director of an energy consortium led by Russia's Gazprom that is developing the Shtokman field in the Barents Sea. Of the field, he says: "It is one of the largest in the world and unique in Russia."

Despite the financial crisis, preparations for drilling are moving forward at a fast pace. The project "has too much potential" for the global economic downturn to affect it much, Madeo claims.

Moscow has unveiled aggressive new plans to exploit the Arctic's natural resources.
The gas field could become the first major milestone in the development of the energy reserves of the north. This prompted Norwegian Rear Admiral Trond Grytting to comment sarcastically in his presentation at the Tromsø conference (entitled "From the Cold War to the Hot Arctic"): "We have lots of natural resources, military personnel and disputed borders in the Arctic. This has never been a recipe for peace".
While Obama talks about windmills and small electric cars to wean ourselves off crude oil. The Russians and Chinese are marching forward at a rapid pace to control the crude oil resources located in the Artic and Africa.
Will the American people stand still for the Obamaphiles , Eco -freaks and Goreites while they make millions on Carbon Credits scams. While at the same time those who Ronald Reagan called the "Axis of Evil" gobble up the available crude oil resources, and continue to pollute the atmosphere while advancing their hegemony?

I assume that when Medvedev said he hoped to make the USA a full partner with Russia, he intended that we should allow anything they want as long as they do not launch mislles against us.
On the day Obama was elected,the Russian "puppet president" had this to say: " "I stress that we have no problem with the American people, no inborn anti-Americanism. And we hope that our partners, the US administration, will make a choice in favor of full-fledged relations with Russia," Source: Der Spiegel.com

Then why did they have nuclear missles aimed at the USA all during the cold war?

In 1971 Saul Alinsky had this to say about CHANGE:
"What follows is for those who want to change the world from what it is to what they believe it should be. The Prince was written by Machiavelli for the Haves on how to hold power. Rules for Radicals is written for the Have-Nots on how to take it away".[

"There's another reason for working inside the system. Dostoevski said that taking a new step is what people fear most. Any revolutionary change must be preceded by a passive, affirmative, non-challenging attitude toward change among the mass of our people. They must feel so frustrated, so defeated, so lost, so futureless in the prevailing system that they are willing to let go of the past and change the future. This acceptance is the reformation essential to any revolution. To bring on this reformation requires that the organizer work inside the system, among not only the middle class but the 40 per cent of American families - more than seventy million people - whose income range from $5,000 to $10,000 a year [in 1971]. They cannot be dismissed by labeling them blue collar or hard hat. They will not continue to be relatively passive and slightly challenging. If we fail to communicate with them, if we don't encourage them to form alliances with us, they will move to the right. Maybe they will anyway, but let's not let it happen by default."Source: Wikapedia

Posted by BILL

Thursday, January 29, 2009

FIRST THE LIES AND NOW COMES THE INTIMIDATION

The Obama administration has shown in the nine days that they have taken over power that they intended to use half truths, lies and intimidation to accomplish their Socialist Change for America.
First they tried to pass the "stimulus package" off as a way of quick starting the faltering economy, when what they were proposing in their over 850 billion dollar spending bill was PORK and goodies for such things as contraceptives, clearing forest pathways and millions for gay men "how to" guides.

The fact that most of the money would not funnel into the economy was not even mentioned until Conservative radio talk shows pointed this out to the unsuspecting public.

Now the President himself, after trying to sway the leadership of the Republican party to his way of thinking by inviting them to the White House, has decided to use intimidation and voter pressure to sway the Republicans to his side. This way when the plan fails, and it will, he can say the plan was approved by both parties. If the Republicans stand tall and appose this travesty of Federal spending. They will have capital in the 2010 Congressional elections to gain back some lost seats.

President said yesterday: "Pushing back against the unanimous House Republican vote against President Obama’s stimulus plan, the White House plans to release state-by-state job figures “so we can put a number on what folks voted for an against,” an administration aide said.
“It’s clear the Republicans who voted against the stimulus represent constituents who will be stunned to learn their member of Congress voted against [saving or] creating 4 million jobs,” the aide said.

White House Press Secretary Robert Gibbs said the lawmakers will have to answer to their constituents.

“I do believe that there will be people in districts all over the country that will wonder why, when there’s a good bill to get the economy moving again, why we still seem to be playing political gotcha," Gibbs said.

And a Democratic official added: “We will run campaigns in their districts.”

And later today, MoveOn, Americans United for Change, AFSCME and SEIU will be announcing a new ad campaign targeting moderate Republican senators who might support the stimulus — Susan Collins and Olympia Snowe of Maine, Judd Gregg of New Hampshire, Lisa Murkowski of Alaska and Charles Grassley of Iowa. Source: Ploitico.com

If a Republican president announced he would do this the Media would scream that he was interfering with States rights and add it to the list of reasons why they think he should be impeached, I believe!

Another example of the untruths in Obama's campaign toward Changing the USA is the promise that if elected he would stop the influence of powerful lobbyists.

"President Obama promised during his campaign that lobbyists "won't find a job in my White House."

So far, though, at least a dozen former lobbyists have found top jobs in his administration, according to an analysis done by Republican sources and corroborated by Politico.

Obama aides did not challenge the the list of lobbyists appointed to administration jobs, but they stressed that former lobbyists comprise a fraction of the more than 8,000 employees who will be hired by the new administration. And they pointed out that before Obama made his campaign-trail promise, he issued a more complete - and more nuanced - policy on former lobbyists.

Formalized in a recent presidential executive order, it forbids executive branch employees from working in an agency, or on a program, for which they have lobbied in the last two years.

Yet in the past few days, a number of exceptions have been granted, with the administration conceding at least two waivers and that a handful of other appointees will recuse themselves from dealing with matters on which they lobbied within the two-year window.

Here is a list of former lobbyists who now work within the Obama administration. You be the judge if Obama lied!

Eric Holder, attorney general nominee, was registered to lobby until 2004 on behalf of clients including Global Crossing, a bankrupt telecommunications firm.

Tom Vilsack, secretary of agriculture nominee, was registered to lobby as recently as last year on behalf of the National Education Association.

William Lynn, deputy defense secretary nominee, was registered to lobby as recently as last year for defense contractor Raytheon, where he was a top executive.

William Corr, deputy health and human services secretary nominee, was registered to lobby until last year for the Campaign for Tobacco-Free Kids, a non-profit that pushes to limit tobacco use.

David Hayes, deputy interior secretary nominee, was registered to lobby until 2006 for clients, including the regional utility San Diego Gas & Electric.

Mark Patterson, chief of staff to Treasury Secretary Timothy Geithner, was registered to lobby as recently as last year for financial giant Goldman Sachs.

Ron Klain, chief of staff to Vice President Joe Biden, was registered to lobby until 2005 for clients, including the Coalition for Asbestos Resolution, U.S. Airways, Airborne Express and drug-maker ImClone.

Mona Sutphen, deputy White House chief of staff, was registered to lobby for clients, including Angliss International in 2003.

Melody Barnes, domestic policy council director, lobbied in 2003 and 2004 for liberal advocacy groups, including the American Civil Liberties Union, the Leadership Conference on Civil Rights, the American Constitution Society and the Center for Reproductive Rights.

Cecilia Munoz, White House director of intergovernmental affairs, was a lobbyist as recently as last year for the National Council of La Raza, a Hispanic advocacy group.

Patrick Gaspard, White House political affairs director, was a lobbyist for the Service Employees International Union.

Michael Strautmanis, chief of staff to the president’s assistant for intergovernmental relations, lobbied for the American Association of Justice from 2001 until 2005.

And Obama is not alone in his quest to interject the Federal government into all forms of what are considered the Private Sector. The machine that runs the economy.
First they lie about this being the worst recession since the 1930s, in fact we have had at least two recessions greater than this since the 30s. But never mind the details. The liberal economists who have lined up behind Obama's Plan have this to say:"Among those who say government needs to spend more, not less, there’s a consensus figure for exactly how much more: $400 billion over two years, for a total package of about $1.2 trillion.

“The stimulus does not need to be timely, targeted and temporary,” argues Robert Kuttner, co-editor of The American Prospect. “It needs to be adequate to do the job.” He runs some quick back of the envelope math. “Eight hundred and twenty billion is about 2.5% of GDP. But the economy is sinking at the rate of five to six percent. So they may find out they have to come back and ask for more.”

Kuttner and his economic allies reject the idea that enormous deficit spending is an immoral passing of the buck to the next generation. “This is not about morality, it’s about economics,” he says. Kuttner argues that even worse than government debt is an economy in which housing is unaffordable, jobs are scarce and college is a receding dream for many Americans. “What we leave to our children will depend largely on whether we slide into a depression or not.” My comment is if you keep printing money to promote this Socialist program. The net result will be the devaluation of the dollar even more than it is presently. With devalueation comes hyper inflation, and lest we forget this happened in Germany after WWI when the 1 Mark note was raised to one thousand marks, and Germans needed the equivalent of a wheel barrel full of money to buy a loaf a bread!

Is this the Change we can believe in?