Saturday, May 30, 2009
Pravda Provides Real Truth
Here, 25-odd years later, I am looking at the pravda.ru website, post-Soviet Union, and today at least, Pravda is providing real truth. I quote from the article:
"[T]he American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people."
"First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics."
"Then their faith in God was destroyed, until their churches, all tens of thousands of different "branches and denominations" ... were more then happy to sell out their souls and flocks to be on the "winning" side of one pseudo Marxist politician or another. Their flocks ... were ever so quick to reject Christ in hopes for earthly power."
"The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe."
Frankly, and sadly, I could not agree more with Pravda's guest editorialist. Read it yourself.
http://english.pravda.ru/opinion/columnists/107459-0/
Thursday, May 28, 2009
Roared In Like a Lion, Leaves With a Whimper
AOL failed as a media giant for the same reason movies make more money than the theatres do - content is more valuable than access.
The other piece hitting old media now is that multiple-source access is more valuable than single source access. Newspapers are dead, they just don't know it yet.
More Thoughts on Sotomayor
Wednesday, May 27, 2009
How's That "Smart Power" Working Out?
May 27, 2009 - After detonating a nuclear weapon and firing ground to sea missiles, North Korea announced it would no longer abide by the 1953 armistice that ended the Korean War and threatened a military response to any South Korean participation in a U.S.-led program to interdict and seize weapons of mass destruction headed to North Korea.
“The Korean People’s Army will not be bound to the Armistice Agreement any longer,” the official Korean Central News Agency announced. Attempts to stop and inspect North Korean vessels will be countered with “prompt and strong military strikes.” South Korea’s military said it will “deal sternly with any provocation” from North Korea.
“This rapid-fire provocation indicates a more aggressive shift in the Kim Jong Il regime,” said Ryoo Kihl Jae, a professor at the University of North Korean Studies in Seoul. “Kim is obviously using a strategy of maximum force.”
I guess Kim Jong Il is NOT using "smart power". Of course, he has been smarter than the last three administrations.
Tuesday, May 26, 2009
More On North Korea
On the left is a picture of the Smartest Woman in the World watching yet another North Korean missile test as she exercises "smart power" (her words, not mine) to contain Kim Jong Il.
I wonder if Hillary is too smart to read the Wall Street Journal. If she had bothered to read John Bolton's op ed Wednesday, May 20th, she would have been aware that North Korea was going to test another nuclear weapon, which they did on May 24th. Read his op-ed at the link below.
http://online.wsj.com/article/SB124277648950937029.html
Bolton's words contrast sharply with the inability of the past three administrations (2 of which included Hillary) to effectively counter Kim Jong Il's nuclear threat to global security.
Of course, the left shrilly denounced Bolton on May 20th. They owe him an apology, although being liberal means you never have to say your are sorry -- because you have no conscience.
Obama Chooses La Raza for a SCOTUS Seat
La Raza is “the [Hispanic] Race”, and proponents of La Raza believe that Hispanics and Hispanic politicians should favor other Hispanics over any other race. The fact that Sotomayor would allow herself to be openly associated with La Raza indicates that she herself did not think of herself as SCOTUS quality. Her racists statements and writings should be reason enough to reject the nomination.
Obama’s selection smacks of racial identity politics, which Obama has milked all the way to the White House. Whatever hope or change Obama voters thought was to come from the Anointed One, it is clear that post-racial thinking is not part of it.
Naturally, the national GOP leadership will be cowed by this pick, and it will again be up to the conservative grassroots to organize against this pick, if it is in the best interest to oppose the pick. I say this because I am not sure that Obama’s “plan B pick” will be a more beneficial pick than Sotomayor. In fact, Obama may have sent Sotomayor up as a false flag knowing she was unqualified in order to pave the way for a more qualified but more radical pick he would rather have on the court. I believe if Sotomayor is indeed seated, she will be marginalized by most other judges as they come to understand her lack of judicial intellect.
Monday, May 25, 2009
Hope? Change? Nope, Korean Nukes
Sunday, May 24, 2009
Keep Guantanamo Jihadis Out of US Prisons
Richard Reid - attempted to detonate a shoe bomb on a trans-Atlantic flight
Jose Padilla - attempted to obtain and detonate a dirty bomb on US soil
James Cromitie, David Williams Laguerre Payen and Onta Williams - attempted to bomb synagogues around New York
Kevin James, Levar Washington, Gregory Patterson - conducted armed robberies to fund terrorist bombings in California
Aqil Collins - Afghanistan terror camp trained jihadi captured by the FBI
What do all these people have in common? Prison conversions to Islam which lead to conducting Jihad against the United States.
Throw in Jihad-enabling attorney Lynne Stewart who was using her privileged access to prison-bound terrorists to exchange correspondence between terrorists inside and outside of prison.
It is already well demonstrated that US prisons have become a breeding ground for Islam, Jihad, and terrorism.
Why on earth would the Obama administration wish to add hardened Islamic jihadis from Guantanamo into the recruitment of US prisoners?
If you infer intent from the most likely result of a behavior, Obama intends to increase the incidence of terrorists being recruited in US prisons. Naturally, leftist intelligentsia has no problem with this. To date, the U.S. Senate has not had the stomach to go along with this. Let's see how long that holds up.
Saturday, May 23, 2009
Obama Admits: We're Broke
Obama has thus admitting that the Tea Party protestors are absolutely right. He has spent more than the Treasury can or will take in.
Naturally, he will use this crisis to further erode free markets and impose Statism. One thing about Communists, they know how to make the same mistakes over and over and over and over.
Friday, May 22, 2009
One Fed President Has Keen Sense of the Obvious
“The economy may be at greater risk of inflation than the conventional wisdom indicates,” Plosser said May 21. However, Plosser cautioned that “the economy is probably not strong enough and not ready for increasing” interest rates.
Charles Plosser has indeed identified the Catch 22 in the liberal’s method to address a down economy by spending far more than budgets allow. Printing money we don’t have devalues the dollar, which means more dollars will be required to purchase the same item (inflation). Meanwhile, in a down economy with high unemployment, household disposable income drops, lowering a family’s standard of living as they have fewer dollars to spend on more expensive goods. As a result, the households tend to cut back on spending money on non-essentials, which worsens the economy as a whole. It becomes a death spiral such as we saw during the presidency of Jimmy Carter.
But Charles Plosser also knows that the Obama administration plans to continue to overspend as no two presidents combined have ever overspent before. This will be a further inflationary pressure. Add to this the economic disaster that would be the twin Statist plans of Obamacare and the Obama/Waxman/Markey Mandate, Cap, and Tax bill, and we have a perfect storm of negative economic actions.
There is no way to sugar-coat the economic results of the Obama plan. They are as foreseeable and predictable as the moon and the tides. As night follows day, economic disaster follows Obama’s Statism.
Wednesday, May 20, 2009
Undeniable Economic Truths and Waxman/Markley
The fact is that burning carbon-laden fuel sources feeds our economy. It is the very lifeblood of the American way of life. It is the lifeblood, capital is the food, transportation is the circulatory system, the free market is the brain, and labor is the hands and feet.
You can rail against carbon-based energy, spit on it, regret it, curse it -- it still remains a fact. It is also a fact that the same eco-Orwellians opposed to carbon-based energy also march on down the street to the No Nukes protest. Later, a fair number of them bust out the windows as the Starbucks and McDonalds to protest "globalism." What they oppose is human achievement and success. But I digress (only a little).
The Obama/Waxman/Markey Mandate, Cap, and Tax scheme will destroy our economy, and a reasonable understanding of economic truths will bear out my analysis.
The first undeniable economic truth is if you want to have less of something, tax it. Cap and tax will cause energy production will drop, because energy production in this country is primarily carbon-based. If you liked the “energy crises” of the 1970s, you will love Cap and Tax. Welcome back, Carter! Let’s keep an eye on the misery index.
The second undeniable economic truth is that corporations do not pay taxes – people do. To corporations, a tax is merely a cost to be passed along to its consumers. Want proof? Look at your phone bill or cable bill. They don’t even bury the various taxes in their rates; they just add tax line items. The full cost of these carbon “credits” will be passed on to consumers. The average family will see their power and natural gas bills skyrocket (between 45 to 90%, depending on the production mix in your area). Add to that the 70% or so increase in cost for your gas or diesel fuel. American families start losing real money to an ever-growing federal government far faster than their wages will ever match. Domestic consumption will sink like a stone.
Which leads me to my first undeniable law of government; government lies to you. There is not going to be an carbon tax rebate to consumers, in the same way there is not going to be a payback of the recent automobile industry “loans” or a return on the bank rescue “investments” made on the behalf of taxpayers. The LAST thing this government wants to do is put money back in the hands of taxpaying consumers because we are too stupid to spend it correctly.
The third undeniable economic truth is that increases in basic costs compound down the supply chain. Put another way, not only will your power bill increase, but so will everything else you buy, because the costs to the producers of everything else you buy are going up, and those costs will be passed on to you, the consumer. This is the indirect taxation effect, and
The fourth undeniable economic truth is that the more money the federal government takes from the economy, the less capital exists to fund jobs. The Cap and Tax will deprive consumers of disposable income, causing massive decline in demand (and job losses related to) in the manufacturing and luxury services sectors, particularly durable goods. Declines in demand for durable goods ripples through the markets for basic materials, mining, milling, and transportation. Conservatively speaking, our Gross Domestic Production (GDP) will drop between 13-19%. Unemployment skyrockets, and hello, Great Depression II.
The dramatic costs increases (both direct and indirect) will lower the standard of living for every American. Let that sink in. The Tax and Cap Plan will lower our standard of living. In what Alice Goes to Wonderland world is Congress living in when they intentionally hobble the economy and lower our standard of living even more than the $1,900,000,000,000,000.00 budget deficit they just hung on the nation?
Those are the costs of the federal government plan. What are the benefits? Even if you fully accepting the argument that CO2 emissions related to energy product contribute to “global warming”, the best tree-hugger estimated net result would be a difference of less than 0.01°C over the next century.
So, the Obama Waxman Markey Mandate, Cap, and Tax plan will cripple our economy, reduce our standard of living, put millions out of work, and cause a decades-long depression to change the air temperature less than a human can differentiate with his natural senses.
That is one horrible cost/benefit analysis, unless you wish to tear the United States asunder.
Tuesday, May 19, 2009
GM to be Socialized; Taxpayers to be Fleeced
Is this the Hope and Change the nation was waiting for? Naked socialism, fleecing taxpayers, and paying off political cronies like the unions? Really? Is this what that nation wanted?
If Obama is allowed to steal the taxpayer's money like this, we owe Richard Nixon an apology.
If you support Obama’s administration, you are a Socialist. Period. A red, a commie, a pinko.
Some Memorial Day this will be. Obama and his supporters are completely devaluing the lives of all who fought and died to protect the world from the slavery of Socialism. Obama is urinating on the graves of tens of thousands of servicemen who gave their last and final measure of devotion to their country to stop the onslaught of Fascistic Socialism.
Obama is foisting it on the United States with a big, red bow.
Celebrating Human Achievement
PS - NASA, please fire that hack James Hansen and close his lab.
Nevada Governor Places a Bullseye on His Back
"I am disappointed at the hypocrisy shown by this Administration," Gibbons said, "President Obama is coming to Las Vegas later this month for a political fundraiser, but he will not help the struggling families in Las Vegas and Nevada who are out of work because of his reckless comments."
Governor Gibbons noted, "President Obama is coming to Las Vegas to raise campaign cash for Senator Harry Reid, apparently our money is good enough for the President, but our tourism, jobs, and economic future are not."
Gibbons added, "This is politics, pure and simple, President Obama stood for change, but all he has done is brought negative economic change to Nevada."
"Sometimes Washington politicians forget that the people of Nevada are Americans," Governor Gibbons said, "This President needs to repair the damage he has done."
We will see an all out effort on the part of Democrat partisans and the Obama Enchanted to drum Gibbons out of office. If they cannot do it at the polls, they'll do it with the IRS or a Nevada Gaming Commission investigation. Here it comes.
The Destruction of American Education
A state official claims this result places a shining light on a deficiency of the state's teacher prep program.
What is actually does is shines a light on the whole construct of a "teacher prep" program. There should be no degree in "education". A teacher prep program should be four courses in teaching theory and practice. Otherwise, if you want to teach math, you should have a math degree. If you want to teach science, you should have a science degree. Only in that way will our students be taught by persons who have the intellectual basis to actually teach the subject.
This, of course, is a parallel with Schools of Journalism. Unlike elementary school, which is mandatory, the poor products being turned our with journalism degrees are killing newspapers because the entirely lack an understanding of the material about which they write.
The dumbing down of America continues unabated. Wait until B. Hussein Obama and his appointees dictate the end of homeschooling. You read it here first.
Monday, May 18, 2009
Today's Stalinist Ukase
Big Brother has spoken. So it is written, and so it shall pass.
UPDATE: Actually, the decree turns out to be Hitleresque. Hitler was the last glorious leader to dictate the creation of a car with greater than 30 m.p.g. You might remember the VW Bug, a car deemed too unsafe to stay on American roads.
Guatemala Bears Watching
Thus begins the message of a slain attorney in Guatemala, and in the wake of the assassination, perhaps the people of Guatemala will stand up for their inalienable rights of life, liberty, and possession of the fruits of their labor.
Corruptocrats have ruled Guatemala for too long. A grass-roots movement in Guatemala, the ProReforma project, has supported classical liberal (that is, Conservative) government reforms for two years, and is not getting real traction among the populace.
Guatemalan leftists have tried to keep the ProRemforma platform from being debated in the legislature. Perhaps now is the time Guatemalans stand up for themselves and their own rights.
Watch the video, and pray that this is not a foretaste of what will happen in the United States with a Chicago thug as President.
http://www.youtube.com/watch?v=mC_ODpxMA10
Inconvenient Truths That Are Actually True
WWF’s panicked television commercials notwithstanding, Polar Bears are not an endangered species. Not even the eco-lunies in Barak Obama’s administration will stop Eskimos from hunting some of the estimated 25,000 polar bears.
RINO Rep. Pete King (R-NY) introduced the Denying Firearms and Explosives to Dangerous Terrorists Act of 2009, H.R. 2159, which gives the attorney general the power to deny a person the right to buy a gun if the AG "determines that the transferee is known (or appropriately suspected) to be or have been engaged in conduct constituting, in preparation for, in aid of, or related to terrorism, or providing material support thereof, and the Attorney General has a reasonable belief that the prospective transferee may use a firearm in connection with terrorism." This horribly vague language is clearly an infringement on the American citizens’ 2nd Amendment Rights and doubly worrisome since Homeland Security’s Janet Napolitano recently issued a report stating that all persons who believe in a limited federal government or oppose abortion are likely terrorists.
House Speaker Nancy Pelosi (D-CA) is lying about the content of her briefings on enhanced interrogation techniques. Democrats are starting to protect their own interests in this affair, at the expense of Speaker Nannystate.
College is not for everyone. The States would do well to start issuing certifications of competency based on objective testing in specific areas instead of making more and more students bear the expense of a university education.
In this, the coldest spring in recent memory, three eco-warriors intended to sail from Plymouth, England to Greenland in a carbon-emission-free yacht – followed by schools all over England to raise awareness of “global warming”. Can you guess where this is going? Only 400 miles along in their journey, they had to be rescued by the crew of the Overseas Yellowstone – an oil tanker.
"Hold on, my friends, to the Constitution and to the Republic for which it stands. Miracles do not cluster and what has happened once in 6,000 years, may not happen again. Hold on to the Constitution, for if the American Constitution should fail, there will be anarchy throughout the world." --U.S. Senator Daniel Webster (1782-1852)
Hattip to patriotpost.us
Sunday, May 17, 2009
In Further Bad News
How does a nuclear-armed Taliban sound to you?
It sounds to me like Barak Obama's slashing of our anti ballistic missile defense capability is a really, really bad idea. Of course, coming from the administration of bad ideas, it cannot be unexpected.
Some Fair-Minded Words for Barak Obama
What fair-minded word defines the pre-meditated termination of innocent human life?
There is no room for a debate over whether murder is acceptable or not. No amount of fair-minded words will convince a follower of God that a human baby, whether in the womb or out, is an innocent human life. Termination of an innocent human life is wrong; it is wrong in the womb, it is wrong outside the womb, and continues to be wrong until natural death.
There is no excuse for killing your innocent child.
Friday, May 15, 2009
Insurance Companies to Avoid
The six companies are: Hartford Financial Services Group, Lincoln National Corporation (the Lincoln Financial Group), Allstate (you are no longer in good hands), the Principal Financial Group, Prudential, and Ameriprise Financial.
These companies have clearly learned nothing from the trials and tribulations of the banks.
To paraphrase H. L. Menken - Requesting government aid is the belief that financial companies know what they want, and they deserve to get it -- good and hard.
UPDATE: Someone reads this blog -- Ameriprise said "No Thanks" to the TARP offer today. Word is Prudential will decline the "help" as well. We'll see what Timmah! and B.O. have to say about this.
Wednesday, May 13, 2009
Government-Run Universal Health Care Fails
The sad truth is that the State was paying less than half the actual expense – the remainder came from corporate “donors” that taxed their paying customers by increasing fees. The universal health care system was free to the end users except for copays of $7 per office visit.
Why did this service fail? The plan undercut the market prices for children’s insurance. As a result, families dropped their commercial insurance for their children and enrolled in the lower cost universal program. Put another way, the parents in Hawaii acted rationally.
State health officials complained that most of the children enrolled in the universal child care program previously had private health insurance, indicating that it was helping those who didn't “need” it. "People who were already able to afford health care began to stop paying for it so they could get it for free," said Dr. Kenny Fink, the administrator for Med-QUEST at the Department of Human Services. "I don't believe that was the intent of the program."
This is the very definition of an unintended consequence of liberal lawmaking, and reason number one why it should be avoided. Universal Health Care is by definition universal. It is not needs-based, and its creators sowed the seeds of its own destruction by attempting comprehensive reform. They achieved comprehensive failure.
Two good things came out of this experiment. First, the State acted in the best interest of the children and the State taxpayers when they realized it was a failure – cancelling the plan was the right thing to do.
Second, and most important, this experiment is demonstrates that low cost high quality Universal Health Care with doctor choice and no rationing – what Barak Obama claims he wants – is not achievable through government efforts. Increasing the scale of the exercise will only increase the scale of the failure.
You cannot legislate past the laws of economics.
Tuesday, May 12, 2009
"Compassionate" Cannibalism
http://redwarning.blogspot.com/2009/04/capitalisms-destruction-imminent.html
Yesterday, several medical associations tried to throw a virgin into the volcano and stave off their destruction. They promised to reduce the rate of growth of health care costs by 1.5% a year. Their pathetic attempt to co-opt a committed Socialist Statist like Obama reflects their complete underestimation of B.O. and his ilk. These medical industry "leaders" will soon find themselves tied up over a cooking fire while the cannibals sharpen their eating utensils.
Even today, the Senate Finance Committee will be holding hearings on how it can increase taxes to pay for Obama's "health care" plan. The Statists have not detailed their legislative proposals yet, but they know already they need to raise taxes!
You can bet the nanny state Nazis will be out in full force to propose adding punitive taxes to anything they consider unhealthy -- sodas and beverages, fast food, meat, cheese, milk, etc. Naturally, all these proposals would violate B.O.'s promise to not raise taxes on those making less than $250k per year, but what is a promise to a Democrat other than something to be broken?
The continued "compassionate cannibalism" of the economy proposed by the Obama administration will have the same result as any other form of cannibalism -- the unwary are cooked, killed, and eaten.
Monday, May 11, 2009
Obama's Budget Blowout -- Epic Fail
The White House today estimates that this year's budget deficit will be 400% larger than ever before -- nearly $2,000,000,000,000,000.00. Almost Two Thousand Billion Dollars.
Put another way, for budget passed by the Democrats this year, we will have to borrow 46 cents for every dollar the government spends.
Obama further admits his long-term spending plan would push the total US deficit to $7,100,000,000,000,000.00 - 7.1 Trillion dollars. More than two budget years in arrears.
Adults should ask this petulant child if he thinks money grows on trees!
For the love of all that is good about this Country, for the sake of its very survival, and through the intercession of this nation's Founding Fathers, this man must be stopped before he destroys us.
Obama's First Nakedly Stalinist Act
Let us not forget the Stalin was one of the most organized criminals in history. Why should we be surprised by the thuggish actions of a street “organizer”? When you elect an organizer to the White House, you get organized crime.
Sunday, May 10, 2009
An $8,000,000,000+ Fleecing of Taxpayers
Thursday, May 7, 2009
Obama Proposes Out of Control Spending - Again
But Obama wants credit as a budget trimmer for proposing cuts to certain programs that amount to one half of one percent (0.5%) of his budget. By comparison, if you were buying a $34,000 car, you would be asking the dealer for $170 off to “seal the deal.” What a joke!
By comparison, George Bush’s last budget proposed twice the amount for savings, and still kept the F-22 and a new fleet of Marine One helicopters in the budget.
The mainstream media will tell you that this budget costs “every American” $11,500. NOT! Not every American pays taxes. This budget will cost the average taxpayer about $24,000.00 in direct and indirect taxes, with “the rich” being hit for the top 85% of the revenue generation.
While more than half of all Americans pay no income tax at all, each of them still get hit with the indirect tax portion of about $10,000.00 a year.
The Tea Parties must continue to push the message that this Obama Administration wants a government that is too big, too socialist, and unconstitutional in scope.
Wednesday, May 6, 2009
Obama’s Bank Grab is ON!
What is part of a disturbing trend, as it became clear that the Federal Reserve “stress tests” back in April would reveal that the banks were actually recovering, liquid, solvent, and in reasonably good shape, the Fed moved the standard on the stress tests so more banks would face a takeover by the US Government. For instance, the tangible common equity target was raised by 33% to snare Morgan Stanley, among 4 other banks that initially passed the stress test.
And if the banks are forced to convert the government-held preferred shares into common stock, the US Government does not intend to be a passive “investor”.
On May 5, Fed Chairman Ben S. Bernanke said that it will take steps to oversee the “effective” management of banks. Later, White House mouthpiece Robert Gibbs said Obama would sack bank management just as he forced the resignation of GM Chairman Rick Wagoner.
God help these banks and their management. Hopefully there is enough sidelined private investment capital out there to keep the government out of an ownership position.
My prediction, when these banks reach out to foreign sovereign investment funds for a a non-FDIC guaranteed cash infusion, the Fed and Obama will object to the foreign takeover of US banks, and block the deal, thus insuring that the affected banks will be socialized.
Obama and the Fed are quick to point out the stock conversion will be a quick way out of the stress test. What they have not said is precisely how the government will get OUT of the ownership position. That is because they NEVER want the government out of the bank ownership business. Ownership is control, ownership is power, and governments NEVER give up power without a fight.
UPDATE: I have paid off my Bank of America - issued credit card and asked them to lower my spending limit. Every little bit will help BoA. I'm trying to do my part.
BOOM! Coulter Smokes Behar
Coulter: "Do you want to be aborted?"
What a fantastic comeback!
Behar's attempt to draw some moral equivalence between waterboarding (which has harmed no one) and abortion (which kills innocent babies) is groundless. Coulter smoked her.
http://www.youtube.com/watch?v=OdmMgBa_RMM
Photo Courtesy Anncoulter.com
Democrats Want Federal Protection for Pedophiles
The Republicans on the committee oppose the measure, but do not have the votes to kill it in Committee. Instead, they are seeking to narrow the scope of the bill in committee, and will fight against passage on the floor of the House.
Yesterday, the Republicans wanted to make sure not just any "sexual orientation" is protected. While it is one thing to protect homosexuals and cross-dressers, the GOP offered an amendment specifically excluding pedophiles from a protected class for hate crimes. Pedophiles. Monsters who sexually abuse children who cannot by definition consent to sexual relations with any adult of either sex.
The Democrats, to a committee member, all of them, voted "no" and defeated the amendment.
And, for good measure, the Democrats also defeated an amendment including US military veterans as a protected class.
The Democrats are clearly protecting their base by allowing them to spit on returning Vets without fear of federal prosecution.
Tuesday, May 5, 2009
Here Comes Cap and Tax
Believing the current terms like “global warming” and “cap and trade” engender honest images of shaggy tree-huggers, bad science, and high societal costs on flimsy evidence, the eco-Statists believe they need a marketing makeover, beginning with new buzz words.
The new Orwellian eco-terms for the economy crushing cap and trade scheme are “cap and cash back” or “pollution reduction refund.” These terms are so entirely laughable that I hope these eco-communists proceed with this farce.
The correct revised term for cap and trade is “cap and tax.” The cap and trade legislation before Congress now will increase costs dramatically for power producers, and this will generate a tax on all consumers of power, not only at the power meter, but also increased consumer prices due to increased power costs to manufacturers and food producers. The fact that the proposal includes tax credits to low income persons (who don’t pay taxes anyway) indicates that they know for a fact that they know it will increase prices nationwide on everything.
However, these scheming eco-Orewellians have a powerful friend in the radical leftist Barak Obama, and what Obama wants, Obama will demand he gets. In Obama’s effort to destroy and “remake” the United States, all vestiges of free markets must be destroyed via government control. In the midst of the bank and car industry crises, Obama even sent Timothy “Timmah!” Geithner up to Congress with a budget document proposing their Cap and Tax scheme.
Beware America. The anti-success, anti-wealth eco-campaigners have a bevy of proposals to lower your standard of living and increase the expense of everything you need.
Photos Too Secret to Release!
These "torture" photos and memos were not secret enough to keep from the public, but a new set of photos have been deemed by Obama to be too "sensitive" for public consumption.
These new, super secret photos are: Obama's Air Force One joyride low over the New York skyline.
While it cost American taxpayers nearly $400k to execute, and was for the expressed purpose of creating new publicity shots of Air Force One flying by the Statue of Liberty, the White House this week said that the photos will NOT be released.
So, allegedly for the sake of secretly creating new beauty shots of Air Force One at taxpayer expense, the White House caused a panic in NYC, and now will not release the photos to taxpayers.
Exactly who was on Air Force One? This sounds like a joyride for Obama supporters with a F-16 escort instead of a photo op. This whole deal stinks to the high heaven, as does Obama's administration.
Update May 6: The Obama mouthpiece Robert Gibbs says that one - ONE - photo of the event will be released sometime within the next week. I wonder if a FOIA request will produce more photos...
Monday, May 4, 2009
Time to Leave the Bushes Behind
While claiming they are not interested in “recasting” the GOP, former Gov. Bush labeled the GOP rank-and-file’s belief in the Conservative principles as enunciated by Ronald Reagan as “nostalgic” and “irrelevant.” He further said that Ronald Reagan’s message “will not draw people” to his cause. He presumes incorrectly that his cause and the Conservative cause is the same thing.
I would argue after two Bush presidents that spent like drunken sailors and could not grasp the meaning of a small federal government, the "Bush League" is irrelevant, and nobody is nostalgic for it at all.
I hope the NCNA manages to come to my town on their “listening” tour. I would like the opportunity to let them hear me. Ronald Reagan is the last wildly popular Republican President folks can remember watching on TV. Reagan is real to most voters. Last time he stood for election, he won a 49 state landslide.
Compare this to RINO John McCain (multiple presidential campaign loser), RINO Mitt Romney (couldn’t get past the primaries, but he’s changed, really!), Jeb Bush (bravely did not run for the open Fla. Senate seat) and this other bunch of neophytes. These guys are SMART and Reagan was dumb, remember?
B. Hussein Obama will be the easiest sitting President to run against since Jimmy Carter – who, by the way, was vanquished by Ronald Reagan – and any Republican who can form complete sentences and campaign on bedrock Conservative principles will win.
However, if a candidate can’t find the good in Ronald Reagan, why do they want to seek a GOP leadership role if not to purge the GOP of the Conservative rank-and-file?
At its root, I think for starters both liberals and Conservatives can agree on one thing -- no more Bushes in the White House.
Just Another Chicago Thug
This is typical Chicago political thuggery. Why should anyone be surprised? You should be outraged that the boss of the chief law enforcement officer of the United States wants to abrogate the law so blithely, but you should not be surprised.
http://www.youtube.com/watch?v=KpqKNZ3km3c
Only the Good Die Young
What unmitigated gall! This is the attitude of a man who wishes to represent the people of Pennsylvania.
This man sickens me more every day. Too bad Jack did not survive his cancer, and worse for the nation that Arlen did.
The Taleban and the Naiveté of the Liberal
The latest demonstration of this as it related to the Obama administration comes, not unexpectedly, in relation to our Islamist enemies. Juxtapose these two news stories:
The Taleban Takes Human Shields In Fight With Pakistani Troops; reportedly holding 2,000 villagers as human shields to stop the Pakistani military from retaking a Northwestern Pakistan District.
and
Obama Administration releases secret interrogation memos: says the United States will not use coercive interrogation techniques in the future. The “reasoning” goes that if we treat Islamist fighters gently, they will treat American prisoners gently as well.
Of course, there are no living American prisoners of Islamists, and those taken prisoner by Islamists don’t live very long. Let alone tortured for year. Most are beheaded on video tape for showing via Aljazeera or Live Leak.
The Taleban’s mentality is a throwback to the 14th century. They didn’t sign the Geneva Conventions, nor did Islamists, and adherence to Western notions of kind treatment for prisoners is viewed as weakness.
Furthermore, the actions described in the memos were not torture. It is hard for liberals --who spend years on a head shrink’s couch being medicated by anti-depressants to deal with most modern inconveniences of living like showing up for work, raising their offspring, and dealing with their parents’ aging process -- to understand that stress is not torture.
Stress is not torture. Stress positions are not torture.
Basic training is not torture. Sleep deprivation is not torture. Extreme physical activity is not torture.
Being dunked in a swimming pool by your older brother is not torture.
Spook house frights are not torture.
Anything that costs a person $300 an hour in Vegas is not torture.
Listening to liberals pontificate about how we should treat Islamists – that’s torture.
Sunday, May 3, 2009
RIP -- Jack Kemp
Jack Kemp epitomized the true concept of "Compassionate Conservatism". Jack Kemp understood that conservatism was the real philosophy of hope, because conservatism provided opportunity for everyone to keep what they earn, spend as they see fit, and attempt growth and success without burdensome government diktats.
Jack Kemp was a conservative lion of the Reagan Revolution. His voice and optimism will be sorely missed.
Saturday, May 2, 2009
Government Moving to Socialize Banks Now
This theoretical stress testing involved no testing at all, but in fact is a “what if” scenario applied against a heretofore unrecognized equity ratio never before used to take over an ongoing financial institution.
The stress test scenario is as follows: if the bank ceased operations today, what would the shareholders have left in a company if the company were liquidated. The new Federal standard for what the Feds are terming “tangible common equity” is a value of 4% of the institution’s assets, and such assets are arbitrarily assigned a lower value associated with the Fed’s expectation of risk of the asset.
Without saying so, the Feds want to take ownership interests in the banks by saying the preferred shares issued by the banks to the government as a result of TARP funds are held as liabilities, which weigh down the value of a bank’s assets. If the bank would merely convert these preferred shares into voting common shares, it will convert the TARP loans from a debt liability into shareholder equity, raising the asset value of the bank on the books, but not actually improving the bank’s operating position by even $1, since no actual new money is flowing into the bank either via loan or investment.
It is said that certain of the 20-odd banks suffering this unprecedented Federal scrutiny will not be permitted to increase the value of their assets in the normal ways, such as selling shares to private investors or issuing bonds or other debentures, but MUST convert the government preferred shares into common stock.
The Federal government, over this weekend, during the slow news cycle, is trying to socialize these banks by negotiation with weak willed bank officers. These idiots are finding out what happens to the unwary that lie down in the bed of vipers that is the Federal government.
The socialization of the capitalist system is well underway. The government is using as an excuse a what if, worse case scenario that is purely theoretical -- it is not responding to an actual bank failure.
Let’s see if the American public has been zombiefied enough to take it.
Friday, May 1, 2009
Today's Most Laughable Headline
"Souter's decisions were across the spectrum"
Yep, they sure were -- from left wing to radical left wing. All the way across that spectrum.
The article could not cite one case where Souter issued or joined one meaningful conservative, Constitution-upholding opinion. Not one. 18 years, not one. Not even by mistake.