Entries tagged as ‘Economy’
Bend over America, there are three more years to come…
November 24, 2009 · Leave a Comment
Categories: Economy · Health Care · Politics · Spot the Idiot
Tagged: Nancy Pelosi, United States of America, President Obama, Democrats, Senate, Stimulus, Congress Fail, Obama Fail, House of Representatives, Extremism, Economy, Wall Street, Socialism, Harry Reid, Spending Bill, Tea Party, Liberals, Health Care, Politics, Spot the Idiot
Your country is in good hands…
November 24, 2009 · Leave a Comment
Quietly, the President Finds That Golf Is No Slam Dunk
But as president, Mr. Obama has neglected the court. He has played only seven known games of basketball since taking office, compared with 25 rounds of golf, a sport he picked up about a decade ago when he was an Illinois state senator. That’s more golf than former President George W. Bush played in two terms, according to CBS White House correspondent Mark Knoller, who tracks presidential trivia.
And Nero fiddled while his empire burned and his people suffered and died…

Categories: American Heroes · Economy · Health Care · Military · News · Politics · Sports · Spot the Idiot
Tagged: Afghanistan, American Heroes, Democrats, Economy, George Bush, Health Care, Islamic Extremism, Obama Fail, Politics, President Obama, Socialism, Spending Bill, Sports, Spot the Idiot, Taliban, Terrorism, United States of America
Big Government owns ACORN
November 24, 2009 · Leave a Comment
Check out all the posts on the idiots at ACORN being taken down one office at a time by Andrew Breitbart and company. This is beautiful to see stupidity finally rewarded – ACORN document dump
Categories: Economy · Health Care · News · Politics · Spot the Idiot
Tagged: ACORN, Congress Fail, Democrats, Economy, Extremism, Funnies, Health Care, Liberals, Politics, President Obama, Socialism, Spot the Idiot, Totalitarianism, United States of America
Just like the jobs created or saved and just about everything else….
November 24, 2009 · Leave a Comment
Categories: Economy · Politics
Tagged: Congress, Congress Fail, Democrats, Economy, Obama Fail, Politics, President Obama, Socialism, Spot the Idiot, Stimulus, Tea Party, United States of America
Quote of the Day: Change is Novelty
November 20, 2009 · 5 Comments
I knew that there is a manifest, marked distinction, which ill men with ill designs, or weak men incapable of any design, will constantly be confounding, that is, a marked distinction between change and reformation. The former alters the substance of the objects themselves; and gets rid of all their essential good, as well as of all the accidental evil, annexed to them. Change is novelty; and whether it is to operate any one of the effects of reformation at all, or whether it may not contradict the very principle upon which reformation is desired, cannot be certainly known beforehand. Reform is, not a change in the substance, or in the primary modification, of the object, but, a direct application of a remedy to the grievance complained of. So far as that is removed, all is sure. It stops there; and, if it fails, the substance which underwent the operation, at the very worst, is but where it was. – Edmund Burke
Categories: Health Care · Politics · Quote of the Day
Tagged: Academia, ACORN, Celebutards, Congress, Congress Fail, Constitution, Democrats, Economy, Europe, Extremism, Harry Reid, Health Care, House of Representatives, Liberal Idiocy, Liberalism, Liberals, MSM, Nancy Pelosi, Nevada, Obama Fail, Politics, President Obama, Progressives, Quote of the Day, Radical Progressive, Reno, Senate, Socialism, Spending Bill, Spot the Idiot, Stimulus, Tea Party, Totalitarianism, United States of America
Better vote on this health care abomination fast!!!
November 19, 2009 · Leave a Comment
This may explain why the Statists in the government are in such a rush to take over health care in our country:
As Congress debates a possible major expansion of health insurance in the United States, Gallup finds 38% of Americans rating healthcare coverage in this country as excellent or good, the highest by eight percentage points in the nine-year history of this question, and 12 points above last year’s level.
There’s a lot more via Greater Optimism About U.S. Health System Coverage, Costs.
Categories: Health Care · Politics
Tagged: Congress, Congress Fail, Constitution, Democrats, Economy, Extremism, Harry Reid, Health Care, House of Representatives, Liberals, Nancy Pelosi, Obama Fail, Politics, President Obama, Senate, Socialism, Spot the Idiot, Totalitarianism, United States of America
Quote of the Day: Healthcare Debate FAIL
November 18, 2009 · Leave a Comment
As the dean of Harvard Medical School I am frequently asked to comment on the health-reform debate. I’d give it a failing grade…
There are important lessons to be learned from recent experience with reform in Massachusetts. Here, insurance mandates similar to those proposed in the federal legislation succeeded in expanding coverage but—despite initial predictions—increased total spending. – JEFFREY S. FLIER
Categories: Health Care · Quote of the Day
Tagged: Academia, Congress, Congress Fail, Constitution, Democrats, Economy, Extremism, Harry Reid, Health Care, House of Representatives, Liberals, Nancy Pelosi, Obama Fail, Politics, President Obama, Quote of the Day, Senate, Socialism, Tea Party, Totalitarianism, United States of America
These are not the congressional voting districts you are looking for….
November 17, 2009 · Leave a Comment
Don’t you just feel so good about how well our government is taking care of us?
My HOPE® and CHANGE® levels are going through the roof with each passing day!
Exclusive: Jobs ‘Saved or Created’ in Congressional Districts That Don’t Exist
Here’s a stimulus success story: In Arizona’s 15th congressional district, 30 jobs have been saved or created with just $761,420 in federal stimulus spending. At least that’s what the Web site set up by the Obama administration to track the $787 billion stimulus says.There’s one problem, though: There is no 15th congressional district in Arizona; the state has only eight districts.
And ABC News has found many more entries for projects like this in places that are incorrectly identified…
For example, recovery.gov says $34 million in stimulus money has been spent in Arizona’s 86th congressional district in a project for the Navajo Housing authority, which is actually located in the 1st congressional district.
The reporting problems are not limited to Arizona, ABC News found.
In Oklahoma, recovery.gov lists more than $19 million in spending — and 15 jobs created — in yet more congressional districts that don’t exist.
In Iowa, it shows $10.6 million spent and 39 jobs created — in nonexistent districts.
In Connecticut’s 42nd district (which also does not exist), the Web site claims 25 jobs created with zero stimulus dollars.
The list of spending and job creation in fictional congressional districts extends to U.S. territories as well.
$68.3 million spent and 72.2 million spent in the 1st congressional district of the U.S. Virgin Islands.
$8.4 million spent and 40.3 jobs created in the 99th congressional district of the U.S. Virgin Islands.
$1.5 million spent and .3 jobs created in the 69th district and $35 million for 142 jobs in the 99th district of the Northern Mariana Islands.
$47.7 million spent and 291 jobs created in Puerto Rico’s 99th congressional district.
Stimulus Fund Mystery
Interesting facts and figures, but none of these districts exist.The recovery.gov Web site was established as part of the stimulus bill “to foster greater accountability and transparency” in the use of the money spent through the stimulus program. The site is a well-funded enterprise; the General Services Administration updated it earlier this year with an $18 million grant.
Sometimes It Feels Like Obama Governs a Whole Different Country
Suddenly, Obama’s claim to have visited 57 states…
In fact, Recovery.gov lists hundreds of millions spent and hundreds of jobs created in Congressional districts that don’t exist.
In Oklahoma, for example, the site lists more than $19 million in spending — and 15 jobs created — on Congressional districts that don’t exist. In Iowa, it shows $10.6 million spent – and 39 jobs created — in non-existent districts.
In Connecticut’s 42nd District (which also does not exist), the website claims 25 jobs created with zero stimulus dollars.
We should have caught on quicker when we saw listings for jobs created in Bloom County, Gotham City, San Andreas, Sunnydale, and Sodor.
UPDATE: A reader reports, “I have heard the congressmen representing Lake Woebegone, MN and Margaritaville, FL are livid those communities did not get their fair share of stimulus funding.”
Categories: Politics · Spot the Idiot
Tagged: Economy, Funnies, Obama Fail, Politics, President Obama, Socialism, Spending Bill, Spot the Idiot, Stimulus, Tea Party, Totalitarianism, United States of America
Obama: Can’t you just feel the HOPE® for our country, military and Afghanistan?
November 13, 2009 · Leave a Comment
History does not long entrust the care of freedom to the weak or the timid. – Dwight David Eisenhower
President Obama and his merry band of Statists idiots have failed. They have failed – again and again, and it will continue.
At some point you chowder-heads who voted for this amateur are going to see the damage he is doing to the country. He’s created more debt than EVERY PRESIDENT WHO CAME BEFORE HIM COMBINED.
I don’t expect you O-bots to understand the damage he is doing to our military, maybe because you don’t care. I don’t know.
I know the president doesn’t really care about our service men and women and their mission. He doesn’t care the same way other presidents cared about our men and women in uniform at home or abroad. He showed it before the campaign. He pretended to be something else during the campaign. He has faked and postured his way from Dover to Arlington to Fort Hood attempting to convince the nation that he has their best interests in mind and supports their mission.
And now as ‘His Ditherness’ struggles to find the lint in his bellybutton, our finest, our bravest, our most patriotic sit, wait, bleed, and die while the “smart power” you voted in as your new ‘American Idol’ makes a f’ing decision about the “necessary war”, the central front on the War on Terror, that he chided President Bush and John McCain over. You know the war that Candidate Obama thought was sooo important:
“His plan comes up short. There’s not enough troops, not enough resources and not enough urgency. What President Bush and Senator McCain don’t understand is that the central front in the War on Terror is not in Iraq and never was. The central front is in Afghanistan and Pakistan where the terrorists who hit us on 9-11 are still plotting attacks seven years later.”
I am sure the ripples of HOPE® and CHANGE® are reaching our troops here and across the ocean in the dusty military posts, forts, and bases knowing that Barack Hussein Obama – mmm, mmm, mmm – is on his way to save the day with his own plan.
Oh wait, maybe I’m wrong about that:
Morale has fallen among soldiers in Afghanistan, where troops are seeing record violence in the 8-year-old war, while those in Iraq show much improved mental health amid much lower violence, the Army said Friday…
Though findings of two new battlefield surveys are similar in several ways to the last ones taken in 2007, they come at a time of intense scrutiny on Afghanistan as President Barack Obama struggles to craft a new war strategy and planned troop buildup.
Obama “struggles” because he has no f’ing backbone and no clue about fighting for anything more than a community center or the Olympic Games.
He struggles because he doesn’t trust his military leaders. The people in our country who have led lives of substance, sacrifice, and purpose for decades already.
Obama’s never done anything of substance beyond be a lawyer and politician – two of the lowest professions possible falling in right next to prostitutes and thieves, but wait, I repeat myself.
It takes more to be a member of today’s military and face the uncertainties of war than it does to demagogue to the likes of SEIU, ACORN, Organizing for America, Egyptians, Germans, and guilty white Americans, when you yourself have stated you have not done anything of measure.
So, it comes as no surprise our Commander-in-Chief is already looking to run away instead of fighting against evil ruthless radical religious zealots who torture and terrorize innocents in the name of Allah:
President Barack Obama’s strategy for Afghanistan will include a plan for “how we’re going to get folks out” after a secure environment can be passed to the Afghan government, White House press secretary Robert Gibbs told reporters aboard Air Force One on Thursday.
“We have been there for eight years. And we’re not going to be there forever,” Gibbs said. “It’s important to fully examine not just how we’re going to get folks in but how we’re going to get folks out.”
Gibbs spoke en route to Alaska, where the president stopped at an Air Force base in Anchorage before traveling on to Tokyo for his maiden trip to Asia, which will take him to Japan, Singapore, China and South Korea.
The president “has asked for, and will want, benchmarks to evaluate our progress,” Gibbs said. “That’s part of his desire to get a sense of where we are rather than committing to an open-ended conflict.”
But whatever the reason, this man is making a mockery of our country and our military. He is destroying our economy. He is destroying our way of life. He is rewarding failure and taking away our liberty. He is destroying 230+ years of real human progress. And he intended to do it ever since he fell in with the pathetic refuse that surrounds him.
Osama bin Laden was right when he called the America a “Paper Tiger” in his declaration of war against our nation, he knew more about the majority of us than we would like to believe.
The impressionable useful idiots in our nation who believe HOPE® and CHANGE® are actually something more than novelty.
As long as the Democrats, Statists, Liberals, Progressives, and sheep of this nation lead us, a paper tiger is all we will be and we will continue our decline because of them.
The blood of those who die while Obama dithers and waffles are on his hands and those who put him into the White House.
Have a nice weekend.
Categories: Military · Quote of the Day · Spot the Idiot
Tagged: Academia, ACORN, Afghanistan, American Heroes, Congress, Congress Fail, Constitution, Democrats, Dover, Economy, Extremism, Fort Hood, Harry Reid, Health Care, House of Representatives, Iran, Iraq, Islamic Extremism, Liberals, Nancy Pelosi, Obama Fail, Organizing for America, Osama bin Laden, Paper Tiger, Politics, President Obama, Progressives, Quote of the Day, SEIU, Senate, Socialism, Spot the Idiot, Statists, Taliban, Terrorism, United States of America
Quote of the Day
November 9, 2009 · Leave a Comment
How can there possibly be liberty and justice for all, when, in the name of justice, people claim rights to income, food, housing, education, health care, transportation, ad infinitum? We can’t. Positive rights to receive such things, absent an obligation to earn them, must violate others’ liberty, by taking some of their income without their consent. They are really just wishes, convertible into benefits for some only by employing the government to violate others’ rights not to have what is theirs taken. –Prof. Gary Galles of Pepperdine University
Categories: American Heroes · Economy · Health Care · Military · News · Politics · Quote of the Day
Tagged: Academia, Congress, Congress Fail, Constitution, Democrats, Economy, Extremism, Harry Reid, Health Care, House of Representatives, Liberals, Nancy Pelosi, Obama Fail, Politics, President Obama, Quote of the Day, Senate, Socialism, Spending Bill, Stimulus, Tea Party, Totalitarianism, United States of America
Trickle-down government? Now the idiots believe in “trickle-down”…?
November 8, 2009 · Leave a Comment
Via Megan McArdle: Worst. Talking Point. Ever.
Categories: Economy · Health Care · Politics · Spot the Idiot
Tagged: Nancy Pelosi, United States of America, President Obama, Democrats, Congress Fail, Congress, House of Representatives, Extremism, Economy, Socialism, Liberals, Health Care, Politics, Spot the Idiot
Quote of the Day: Aimless Obama
November 8, 2009 · Leave a Comment
“I never thought I’d hear myself say it,” one Democrat told me. “But Obama makes you feel that at least with Bush you knew where he was on something.”
via Bloodless President Barack Obama makes Americans wistful for George W Bush.
Categories: Economy · Health Care · Military · News · Politics · Quote of the Day
Tagged: Afghanistan, Constitution, Economy, Europe, George Bush, Health Care, Iran, Iraq, Islamic Extremism, Israel, Obama Fail, Politics, President Obama, Quote of the Day, Socialism, Spending Bill, Tea Party, Terrorism, UN, United States of America
I definitely HOPE® for a CHANGE®
November 6, 2009 · Leave a Comment
SO HOW’S THAT STIMULUS THING WORKING FOR YOU? I think the graphic would be stronger without the editorializing; the numbers are stark enough on their own.
Categories: Economy · News · Spot the Idiot
Tagged: Congress Fail, Democrats, Economy, Extremism, House of Representatives, Liberals, Obama Fail, Politics, President Obama, Senate, Spending Bill, Spot the Idiot, Stimulus, Tea Party, United States of America, Wall Street
Team Obama: Stimulus has created or saved every job still in existence
November 5, 2009 · Leave a Comment
Hot Air: Bogus Porkulus numbers epidemic hits Wisconsin, too
The credibility of the Obama administration on stimulus accountability continues to crash today, this time in Wisconsin. The state’s largest newspaper calls the numbers of jobs “saved or created” not just inaccurate, but “wildly inflated.” The Milwaukee Journal-Sentinel picks up the trail blazed by the Associated Press and discovers that the numbers exist only as a product of an artificial White House calculus…
Categories: Economy · News · Politics · Spot the Idiot
Tagged: Congress, Congress Fail, Democrats, Economy, Extremism, House of Representatives, Liberals, Obama Fail, Politics, President Obama, Senate, Spending Bill, Spot the Idiot, Stimulus, Tea Party, United States of America
HOPEY®, CHANGEY® Headlines
November 4, 2009 · Leave a Comment
AP sources: House health bill totals $1.2 trillion
House Speaker Nancy Pelosi has referred repeatedly to the bill’s net cost of $894 billion over a decade for coverage.
I’m getting conflicting messages here. They are expecting me to trust Nancy Pelosi?
Top Dems: No Health Care Bill in 2009
Yeah, that’s a good idea. It’s not like there’s a rush.
White House: Tuesday’s GOP wins not about Obama
The White House says that Republican wins in two governors’ races were not referendums on the president.
White House press secretary Robert Gibbs told reporters Wednesday that voters went to the polls in Virginia and New Jersey to work through “very local issues that didn’t involve the president.” The presidential spokesman said voters were concerned about the economy.
“I don’t think the president needed an election or an exit poll to come to that conclusion,” Gibbs said.
Gibbs later added,
Defense officials say weapons were bound for Syria, Hizbullah
Hundreds of tons of weaponry, ten times the size of the Karine A shipment of 2002, were seized in an overnight raid Tuesday by the Israeli navy, some 100 nautical miles west of Israel, officials said. The ship seized was sailing under an Antiguan flag.
Made in Iran?
Secret copyright treaty leaks. It’s bad. Very bad.
The internet chapter of the Anti-Counterfeiting Trade Agreement, a secret copyright treaty whose text Obama’s administration refused to disclose due to “national security” concerns, has leaked. It’s bad. It says…

ELEMENTARY EPIDEMIC: 11 Uncovered Videos Show School Children Performing Praises to Obama
Big Hollywood has already posted a couple disturbing videos of young school children singing/speaking praises to President Obama, but when eleven more dropped in our email box it came as quite a shock. What seemed like an aberration now appears to be a troubling pattern.
Maybe “epidemic” is a better word.
Categories: Health Care · News · Politics
Tagged: Congress, Congress Fail, Constitution, Democrats, Economy, Extremism, Harry Reid, Health Care, House of Representatives, Iran, Islamic Extremism, Israel, Liberals, Nancy Pelosi, Obama Fail, Politics, President Obama, Senate, Socialism, Spending Bill, Stimulus, Tea Party, Totalitarianism, United States of America
From the “Best of the Web Today”
November 3, 2009 · 2 Comments
Great Moments in Socialized Medicine
“X Factor judge Simon Cowell showed his more generous side [yesterday] when he gave £100,000 [about $160,000] to help save the life of a cancer-stricken youngster,” reports London’s Daily Mail:
The pop Svengali donated the money for 18-month-old Sophie Atay–from Birtley, Gateshead–to fly to the US for pioneering treatment at the Memorial Sloan Kettering Hospital in New York.
He acted after learning the youngster’s family launched a last-ditch appeal for £500,000 to pay for the treatment last week after they were told Sophie was suffering from a rare form of neuroblastoma and needed treatment within days.
Alexandra Burke, last year’s X Factor winner, broke the news to Sophie’s mum Karine, 33, on the telephone today that Simon had now dipped into his own pocket to top up the total to the necessary amount.
Wait, we’re confused! Why does a little English girl have to come all the way to the U.S. to get medical care, and why does this Cowell fellow have to pay for it? We thought Britain had free medical care!
But wait, another Daily Mail story reports on what happens to older people who get cancer in Britain:
Alarming research is showing that elderly cancer patients are missing out on the breakthroughs in chemotherapy and surgery that have dramatically improved the outcome of younger patients.
In fact, up to 15,000 elderly people with cancer in the UK are dying prematurely every year when compared to the rest of Europe and the U.S., according to a report published by the North West Cancer Intelligence Service (NWCIS) which compiles cancer statistics. . . .
A major concern is that the NHS Cancer Plan, introduced in 2000 to improve cancer survival in the UK, has a cut-off point at 70. This results in hospitals having less interest in the elderly. “Yet half of all those diagnosed with cancer are over 70,” says Dr Tony Moran, NWCIS research director. “It’s an area that has been grossly neglected. . . .”
Yet according to former Enron adviser Paul Krugman, “In Britain, the government itself runs the hospitals and employs the doctors. We’ve all heard scare stories about how that works in practice; these stories are false.”
Categories: Health Care
Tagged: Congress, Congress Fail, Democrats, Economy, Europe, Extremism, Harry Reid, Health Care, House of Representatives, Liberals, Nancy Pelosi, Obama Fail, Politics, President Obama, Socialism, Spending Bill, UK, United States of America
Quote of the Day: Returning to bondage
October 30, 2009 · Leave a Comment
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. From that moment on the majority always votes for the candidates promising the most money from the public treasury, with the result that a democracy always collapses over loose fiscal policy followed by a dictatorship. The average age of the world’s great civilizations has been two hundred years. These nations have progressed through the following sequence: from bondage to spiritual faith, from spiritual faith to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency from complacency to apathy, from apathy to dependency, from dependency back to bondage. – Alexander Tyler
Categories: Economy · Health Care · Politics · Quote of the Day
Tagged: Nancy Pelosi, United States of America, President Obama, Democrats, Senate, Stimulus, Congress Fail, Congress, Obama Fail, House of Representatives, Quote of the Day, Extremism, Economy, Socialism, Harry Reid, Spending Bill, Totalitarianism, Tea Party, Liberals, Health Care, Politics, Spot the Idiot
Obama studied the Constitution to learn how to ignore it
October 30, 2009 · Leave a Comment
I think the big mistake we made was believing that Obama believed in and supported the Constitution. The need for all the unvetted and unapproved czars Obama has surrounded himself with proves his weakness and inability to the do job he BS’d his way into.
It is my belief he studied and taught constitutional law in order to circumvent and to ignore it as he saw fit:
Last week’s announcement that “Pay Czar” Kenneth Feinberg slashed compensation for executives at seven large financial firms by an average of 50% stunned Wall Street, stoked the fires of populist resentment, and troubled economists. Will this government-mandated pay cut drive the most talented professionals away from these companies, endangering their recovery? Does it augur further politicization of economic decisions?
Lost in the arguments over economics and political theory, however, is a more basic question: Was this action constitutional?
via The Pay Czar Is Unconstitutional
On top of all the other obstacles facing President Obama in his quest to pass health reform is this one: Does the U.S. Constitution allow the government to require uninsured Americans to buy medical insurance or impose a tax penalty if they refuse?Congress has never before required citizens to purchase any good or service, but that is what both House and Senate health bills would mandate.
Categories: Economy · Health Care · Politics · Spot the Idiot
Tagged: Constitution, Democrats, Economy, Extremism, Health Care, Liberals, Obama Fail, Politics, President Obama, Socialism, Spending Bill, Spot the Idiot, Stimulus, Tea Party, Totalitarianism, United States of America, Wall Street
They want to run your health care too….
October 29, 2009 · Leave a Comment
via Report: Cash for Clunkers was a lemon:
American taxpayers paid a lot of cash for those clunkers: $24,000 for each new car sold, according to a study released Wednesday.That’s a lot of money, especially when the so-called “cash for clunker” stimulus program offered only a maximum $4,500 in cash for each person who traded in an old gas-guzzler and bought a new car.
The government could have done almost as well by just giving away cars for free, instead of creating an elaborate incentive program…
F’ing pinheads….

Hi, we're all giant lying douchebags.
Categories: Economy · Health Care · Spot the Idiot
Tagged: Funnies, Nancy Pelosi, United States of America, President Obama, Democrats, Senate, Stimulus, Congress Fail, Congress, Obama Fail, House of Representatives, Economy, Harry Reid, Spending Bill, Tea Party, Liberals, Health Care, Spot the Idiot
The decline continues…
October 27, 2009 · Leave a Comment

I got a delivery for the American people.
Just one year ago, would you have believed that an unelected government official, not even a Cabinet member confirmed by the Senate but simply one of the many “czars” appointed by the President, could arbitrarily cut the pay of executives in private businesses by 50 percent or 90 percent?Did you think that another “czar” would be talking about restricting talk radio? That there would be plans afloat to subsidize newspapers– that is, to create a situation where some newspapers’ survival would depend on the government liking what they publish?Did you imagine that anyone would even be talking about having a panel of so-called “experts” deciding who could and could not get life-saving medical treatments?
Scary as that is from a medical standpoint, it is also chilling from the standpoint of freedom. If you have a mother who needs a heart operation or a child with some dire medical condition, how free would you feel to speak out against an administration that has the power to make life and death decisions about your loved ones?
Does any of this sound like America?
How about a federal agency giving school children material to enlist them on the side of the president? Merely being assigned to sing his praises in class is apparently not enough.
How much of America would be left if the federal government continued on this path? President Obama has already floated the idea of a national police force, something we have done without for more than two centuries.
Categories: Politics
Tagged: Constitution, Democrats, Economy, Extremism, Health Care, Liberals, MSM, Politics, President Obama, Socialism, Spending Bill, Spot the Idiot, Stimulus, Totalitarianism, United States of America
A giant political shell game at your expense
October 27, 2009 · Leave a Comment
The Troubled Asset Relief Program will expire on December 31, unless Treasury Secretary Timothy Geithner exercises his authority to extend it to next October. We hope he doesn’t. Historians will debate TARP’s role in ending the financial panic of 2008, but today there is little evidence that the government needs or can prudently manage what has evolved into a $700 billion all-purpose political bailout fund.
We supported TARP to deal with toxic bank assets and resolve failing banks as a resolution agency of the kind that worked with savings and loans in the 1980s. Some taxpayer money was needed beyond what the FDIC’s shrinking insurance fund had available. But TARP quickly became a Treasury tool to save failing institutions without imposing discipline (Citigroup) and even to force public capital onto banks that didn’t need it. This stigmatized all banks as taxpayer supplicants and is now evolving into an excuse for the Federal Reserve to micromanage compensation.
TARP was then redirected well beyond the financial system into $80 billion in “investments” for auto companies. These may never be repaid but served as a lever to abuse creditors and favor auto unions. TARP also bought preferred stock in struggling insurers Lincoln and Hartford, though insurance companies are not subject to bank runs and pose no “systemic risk.” They erode slowly as customers stop renewing policies.
TARP also became another fund for Congress to pay off the already heavily subsidized housing industry by financing home mortgage modifications. Not one cent of the $50 billion in TARP funds earmarked to modify home mortgages will be returned to the Treasury, says the Congressional Budget Office.
Categories: Economy · Politics
Tagged: United States of America, President Obama, Democrats, Stimulus, Congress Fail, Congress, Constitution, Obama Fail, Economy, Wall Street, Spending Bill, Tea Party, Liberals, Politics, Spot the Idiot
Obama a tough guy, at least with Fox News
October 25, 2009 · Comments Off
The strange disparity between the heavy-handed community organization at home and the ever cockier untouchables abroad risks making the commander in chief look like a weenie – like “President Pantywaist,” as Britain’s Daily Telegraph has taken to calling him.
The Chicago way? Don’t bring a knife to a gunfight? In Iran, this administration won’t bring a knife to a nuke fight. In Eastern Europe, it won’t bring missile defense to a nuke fight. In Sudan, it won’t bring a knife to a machete fight.
Categories: Politics · Spot the Idiot
Tagged: Afghanistan, Congress, Economy, Europe, Health Care, Iran, Iraq, Israel, Obama Fail, Politics, President Obama, Spot the Idiot, Taliban, UN, United States of America
Treasury Said to Set Pay Cuts for Aid Recipients’ Executive
October 21, 2009 · 1 Comment
The Obama administration will order seven companies that received the most government assistance to cut salaries of top executives by 90 percent on average, a person familiar with the situation said.The Treasury Department’s announcement will come this week, the person said on condition of anonymity. Total compensation, including bonuses and other benefits, for the 25 highest-paid executives must be reduced by about 50 percent, the person said.
via Bloomberg.com.
The dismantling continues…
Categories: DPGI archives
Tagged: Congress, Congress Fail, Constitution, Democrats, Economy, Extremism, Liberals, Politics, President Obama, Spending Bill, Stimulus, Tea Party, Totalitarianism, United States of America, Wall Street




$68.3 million spent and 72.2 million spent in the 1st congressional district of the U.S. Virgin Islands.




























