Wasting Time With Alex
All Things Government
Wednesday, September 01, 2010
How quickly they soured us on their ideology, huh?
On November 5th, 2008 the smug liberals told us that they had finally crushed the idiotic and evil machine, that the American people had spoken, and that collectivism was the wave of the future. Unlike their reactions in 2000 - where they simply decided to ignore reality and created the twisted notion in their even more twisted minds that the one that stole the election was Bush & the SCOTUS, and not Gore with his army of lawyers and the Florida Supremes – which started the liberal slide into illogical insanity, and 2004, where they were dejected to see the country simply not trust that buffoon John Kerry, and driven even further into the wilderness, they could not wait to get out and rub salt into the wounds of the opposition. We were told that the world was finally saved, that other countries would finally love us again, the economy would be fixed, that evil America would stop torturing people and inflict war on poor people whose only crime was that they were brown, everyone would magically be working according to their ability, and get back according to their needs, and Utopia would follow. Cats and dogs would start living together! Oh wait, that was Bill Murray’s character in Ghost Busters, but you get the point. They laid it on thick.
We were promised decades of liberal rule for the evils of the capitalist right. Many of us that experienced the Carter years and knew better, told them that the gloat was not just premature, but that once the American people got a taste of the insanity that’s part & parcel of the left’s ideology and governing, that they would sour on it, and sour on it fast. So it isn’t a surprise to me to discover that just 2 years into their reign of fire that Americans now trust the GOP more on almost all election issues, as the below graph clearly shows.
I and many others weren’t fooled for a second by Obama and the demcorats sweet talking and promises of “Hope & Change” – as I said I remember the Carter years, and to anyone that was paying real attention the left’s ideological shift was so drastic it compared to Carter idiocy redux on steroids - that these people could do anything but set us back. The GOP might have been bad at these things when they had power, but the demcorats, especially the current crop of elitist bastards and crooks, make the GOP losers look damned awesome. And the shift took just 2 years of liberal policy & rule to happen.
No, this is not me gloating. I remain quite aware that the GOP will now actually have to do what the American people want, or they too will face our wrath, and then sooner than later. It might surprise you that am actually looking forward to that, though. I seriously believe that if the GOP, once they have power, doesn’t derail this collectivist behemoth that is driving us at Warp speed into the abyss, reverses course of this out of control spending and lunacy, and lets the American people down yet again, that they will be gone too. The one thing I do know is that the American people, now that they know what they will get under democrat rule, the disastrous policies and last 2 years will still be fresh in their minds, will not go back to the demcorats. At least not the sane ones. And while I expect the left to revert to the same tired tactics of the 8 tiresome Bush years, I doubt the American people will buy either the propaganda or the obstructionist anti-Americanism. It will be their Armageddon if they do so. We might even end up with a third party finally breaking the deadlock that elephants and donkeys have had on our government, and even might be set back on the path of exceptionally when they finally gut that bureaucratic monster that pretends to be serving our needs while really enslaving us to its ever growing appetite for control and power.
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Thursday, August 26, 2010
Heavy handed attempt to put lipstick on the ugliest pig ever…
The usual Lame Stream Media propagandists must be desperate to try and defend the close to $1 trillion dollar stimulus patronage bill known as the “The American Recovery and Reinvestment Act of 2009” as this desperate and transparently vain attempt by Time tries to make this pig pretty proves.
The American Recovery and Reinvestment Act of 2009 — President Obama’s $787 billion stimulus — has been marketed as a jobs bill, and that’s how it’s been judged. The White House says it has saved or created about 3 million jobs, helping avoid a depression and end a recession. Republicans mock it as a Big Government boondoggle that has failed to prevent rampant unemployment despite a massive expansion of the deficit. Liberals complain that it wasn’t massive enough.
What a pile of bullshit! Jobs bill? Yeah right! Sure the WH tries hard to make the case for that. But they were immediately shot down even by their own side when they originally claimed to have created 640K jobs after spending $150 billion - an unbelievably ridiculous cost of $234,375 per job according to my calculator – as the unemployment rate continued to skyrocket and the real number of people giving up looking for jobs, without jobs, or wanting full time jobs but unable to get them, according to even the MSM which tries hard to pretend the numbers are not into double digits, climbed to over 16%. An astonishing 4 million people have lost their jobs! Even the MSM had to admit that the WH was pulling numbers out of its ass once the CBO admitted there was no way to measure what a saved job was to begin with. In fact, the only real predictor of what jobs were “saved” are the same ones that this years multi-billion dollar bailout is trying to save again. Want to bet they have to shell out billions again to “save” these jobs yet again? It isn’t a coincidence that public sector pay is higher than private sector pay considering what jobs this bill was intended to save.
Next we see that in typical liberal fashion, these Lame Stream Media mouthpieces are again repeating the already debunked WH claim that this thing created 3 million jobs. Doesn’t matter how often you point out this claim is false, they won’t let facts, logic, or truth get in the way of the agenda. I won’t even go into how laughable the comments that this bill prevented a depression and reversed the recession are – maybe these morons could have quoted Biden and his “Summer of Recovery” comedy routine to lend credence to this nonsense- because the only thing to do to people that make these claims is to make fun of them. That’s why conservatives mock the patronage bill and its supporters. And it isn’t a coincidence that liberals are stupid enough to claim that the problem was that this boondoggle that was bigger than the entire cost of the Iraq war was not big enough, but I won’t bother going into that dementia. Anyway, let’s get back to this idiotic puff piece.
It’s an interesting debate. Politically, it’s awkward to argue that things would have been even worse without the stimulus, even though that’s what most nonpartisan economists believe. But the battle over the Recovery Act’s short-term rescue has obscured its more enduring mission: a long-term push to change the country. It was about jobs, sure, but also about fighting oil addiction and global warming, transforming health care and education, and building a competitive 21st century economy. Some Republicans have called it an under-the-radar scramble to advance Obama’s agenda — and they’ve got a point.
Read that first line again. Nonpartisan economists? That’s liberal code for Keynesian morons that think like us despite the mountain of evidence that this idiotic concept that government deficit spending like it was the “End of times” never works. See, in the mind of these deluded fools, anyone that doesn’t think like them is partisan. Sane people predicted this pay-off to demcorat interests, lobbyists, union bosses, and campaign coffers wasn’t going to stimulate anything but the democrat machine, and they are correct. To the collectivist twits that think Obama is the savior, the lies to cover up for the destruction of our economy, must continue I guess. It’s just nonsense.
But then we finally get some truth, after that dumb claim of nonpartisan economists thinking this near trillion dollar waste of tax payer money did anything good, albeit by coincidence, and then by coincidence because the moron writing this fluff piece hopes nobody catches it, and learn that this bill was not intended to do any kind of economic recovery, but to, and this is their own words, change the country. And what change is that? Well to transform the economy! Great, whenever you hear that from a collectivist, grab your wallet and your gun, because what’s coming is going to hurt decent people. So transform it how? Let’s look at this stuff.
Let us start with the thing that should set off everybody’s alarms. Healthcare? I had no idea this was in that stimulus package? Did you? Why did we need any kind of stimulus of healthcare? Wasn’t it Obama’s plan to reform the whole thing? Di we not just get a bill Congress admits it didn’t read get passed? You know, the one we find out claims to save money – when it doesn’t at all – because of a myriad of schemes and scams that hide the real costs? From heavily taxing us for 10 years to then only provide coverage during the last 5 or 6 years, in order to hide the fact that the real cost, and I firmly believe this number is a rosy and way to low prediction based on past experiences with similar government programs, is close to $2.3 trillion, to sleights of hand that double count money from Medicare and other places you are darn sure these collectivists will never take anything significant, this monster bill is a sure fire recipe for bankrupting this country.
But I digress, so what kind of healthcare deals were in that patronage bill? Well, if you read along you find out they flushed down $20 billion to create a national healthcare database. To bring us into the modern age they claim. If this stuff was such a good deal I wonder why some evil capitalists didn’t latch on to the concept and make a killing from it, but then again, we all know that to the left the only entity that is as all knowing, powerful, fair, and capable as a divine entity these days is big government. It’s not a coincidence that the left abandoned old religion in favor of this new one. Me, I predict nothing good comes from this whole deal. At least some nice connected companies run by buddies of the demcorats will make a killing collecting these $20 billion. Let’s hope they are the few that also think they aren’t above the laws they make for us peasants and pay taxes unlike the majority of the lot.
He also touts the fact money is targeted at education. Read along and you find out that some $4.35 billion is supposed to go to promote accountability in schools. Considering how the schools that already get the most per pupil money also seem to do so well and that we already send way too much on average to get below mediocre results, one might be inclined to think this is a blessing. I guess if you consider creating little indoctrinated collectivists the equivalent of an education, then you have something to be excited about. The rest of us that know better, considering who is running this freak show, know that we are just throwing more pearls at swines. These people love to talk about education when their policies, agenda, and efforts have been paramount in destroying our educational system. The teacher unions would never allow accountability to factor into their tenure equation.
There are a bunch of other nonstarters he discusses as part of his great society 21st century economy, like expanded broadband – because we all know that companies that make their living there have no interest in doing so and making more money – and the laughable mention of the 100,000 projects that are supposed to be upgrading infrastructure of all kind but for which I only s far have heard stories of expensive signs going up everywhere claiming there was work going on when nothing was really being done. Shit, if there was any truth t this the construction industry alone would have been booming, but my buddies in the construction industry tell me it has been exactly the opposite. And those tax cuts he mentions 95% of Americans got? I would love to know what they were. I must be one of those in that 5% that saw nothing of that. Besides, if they really had wanted to jump start the economy, they should have simply made the Bush cuts permanent. I bet you things would be different – in a good way for the economy - right now. Yeah, I am wasting time explaining how the real world works to people that think government is what drives and no hampers economic growth, but you can’t blame a guy for trying. Anyway, this tuff is much ado about nothing. It boils down to pay-offs t demcorat interests and nothing more. It’s not an accident that this stuff has done absolutely nothing to help the economy in ay real way. And all that uneamployment extension and other government handouts would not be necessary if they had gotten out of the way of the private sector instead of smothering it with idiotic regulations and insecurity at every turn. Ask an unemployed person if they prefer a government handout or a paying job, and all but the usual lazy libs will pake the later.
And that brings us to the rest of the crap he spends pages on and the real agenda: the left’s obsession with expanding the global government scam perpetrated by the AGW cult, fight that evil global warming despite the fact it is obvious that a massive campaign of lies and fabrications was used to try and convince the masses to give up their freedoms and wealth by blaming man without any real proof, and of course, the irrational hate of oil that these leftists seem to have. I can rehash this whole story about what the AGW cult is all about and we can have the same arguments with the same people that want to pretend that they were not caught lying and making up crap, but I have no desire to waste my time with them. Suffice it to say this moron yet again lets the cat out of the bag and admit that these demcorats took a billions of tax payer dollars – money they borrowed and for which we will be paying massive interests BTW - to then use it to help a cause that will drastically harm these very tax payers, at the expense of these elitist scum in charge and their freedom destroying agenda. Nice change I guess, but not being insane, and knowing how well these collectivist experiments always turn out, I think I want to pass.
There isn’t enough lipstick in the universe to paint this pig as anything but what it is, and while this crap might make collectivists happy, in the end it has done nothing but hurt the American economy and tax payer. Green jobs and a green economy are acronyms for serfdom at the hands of an all powerful government that controls us by controlling our access to energy. Given the choice I would have actually preferred not to spend the money, and if we had to still do so, I would have preferred that they had paid off some of our debt. Shit, even spending it on another war might have been economically less destructive IMO. Hat last bit was just t piss off the lefty idiots that still blame the Iraq war for the massive deficit spending. A cheap shot, but a deserved one. Considering how much of my tax dollars they wasted with this boondoggle, I feel have a right to that. No wonder that moron Biden is excited. Sheesh!
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Monday, August 23, 2010
The numbers don’t add up…
I just got back from a week of vacation where I played US government - I spent way too much money on feel good stuff that yield no actual benefits - and am now because of the time off, busier than a one legged man at an arse kicking contest now at work. But I felt I had to address something that came up during a conversation I had, with a bunch of obvious liberal morons defending the disastrous collectivist policies of the last decade that have reached new limits under demcorat and Obama control, when they blamed Bush and the Iraqi war for anything from $3-$5 trillion in deficits spending. The numbers widely varied apparently even for them, but I was stumped as to why they would be pulling these ridiculous numbers up until I realized the left still wants to make believe that the deficit spending is because of the Iraq wars and defense spending, and not because of the massive growth in wasteful collectivist spending by government.
And lo and behold, it seems that the CBO in this document provides the needed information to break down the facts, and thus, like a someone using a holy symbol or water on a vampire, cause the liberal morons pushing this idiotic meme to scramble for cover. See according to the CBO, the Iraqi war, which I might point out ended in a win just this past week when, on paper at least, the last combat unit left the country, and I must say despite the efforts of so many on the left to force a loss, cost some $709 billion dollars for the duration. In fact, one quick look at the details in the above mentioned document and the numbers in these other CBO documents provides everything needed to create a real nice picture to illustrate the deficit spending from 2003 to this year. A must for your typical factually challenged leftard to see:
The telling numbers, other than the fact that any deficit spending attributed to the cost of the Iraq war are small at best, and all things considered insignificant in the overall deficit spending picture, are the numbers for the last 2 years, where deficit spending skyrocketed. The numbers don’t lie. The total deficits from 2003 through 2010 is $4.73 trillion. Subtract the entire Iraq War cost - $706 billion according to the CBO - and you still have the unbelievable sum of $4.02 trillion to account for!
Your average and predictable lib will then just move the goal post, like the people I was talking to did, and tell you that the massive increase of deficit spending since Obama took office and the demcorats ended up in complete control of both the White House and Congress, was to fix all the stuff the Bush broke. Including the trillions wasted on what they feel was a stupid war in Iraq, despite the fact that those numbers are bullshit.
Let’s just forget the illogic in trying to blame the cost of the war for the deficit when anyone willing to do the research, as I showed, can quickly find out that the economic crisis was a product of a combination of idiotic government mandated lending practices and the subsequent need for a massive scam, centered on Fannie and Freddie, to make the stinking heap of bad loans palatable to investors. While Wall Street also should share in the blame, their fault lies with going along with these stupid collectivist policies instead of shutting down the spigot and letting government choke on these idiotic anti-market and anti-reality policies.
Of course, as soon as I pointed the above out, the factually challenged libs I was talking to switched to the other two booggie-boos often touted, Afghanistan and the Bush tax cuts, as the culprits. Unfortunately for them, the numbers in this graph clearly show these two also seem to have really made no big impact on deficit spending, as the numbers for 2003 to 2007 when both were going on show, while not even adding up to the deficit spending for either 2009 or 2010. There is simply no denying that spending went bonkers after 2007, and we all know what happened in 2006, and 2008, respectively. And Bush was long gone when the donkey decided to flush close to $1 trillion – more than the $706 billion for the 7 year old Iraqi war- down the toilet in that patronage bill that served to only pay off demcorat interests and keep public servants living large while the private sector was hammered by the economic policies and regulations of these collectivists.
In fact, there are several social program outlays during the Bush years that far exceed the cost of the Iraqi war during the same period. Federal outlays on defense as a percentage of GDP under Bush were 4%. And one might be inclined to think higher defense spending numbers might be a good thing when you compare to the roaring 60s and 70s when defense spending was closer to 9% of GDP and the economy was booming to the anemic and moribund economy we now have the pleasure of enduring because of the defense hating collectivist running the country. Numbers, facts, and logic make the lib’s weak and emotion based arguments about what really is causing our massive deficits easy to defeat.
Suffice it to say that when I was done pointing out the real numbers to them, these libs all hated my guts for making them look like idiots. I am certain they also completely ignored the facts I showed them and like the politicians that represent them, will continue to run the same tired lines, hoping to fool as many as possible. After all, way too many people don’t have the time to go figure the truth out, and the Lame Stream Media will certainly not do so for them either, so they can get away with these lies. In the mean time, we will never address the real issue while these people can so freely fabricate the history they want to suit their own disruptive and destructive goals.
We are here today because collectivists refuse to accept the fact that there isn’t enough wealth in the world to give everyone everything for free. Consequently what we end up with when we let their economic and social policies run wild is what they had in the USSR: everyone equally miserable and poor. But to these social justice idiots, that’s better than having some guy that works hard get rich while they don’t.
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Thursday, August 05, 2010
Laws? What laws? It’s a scam.
Have a look at what our DoJ has basically come up with in its pursuit of cash tied to civil rights lawsuits, because it is a doozie. Check this out:
The Justice Department has found a new way to pursue civil rights lawsuits, using the powers of the Civil Rights Division not just to win compensation for victims of alleged discrimination but also to direct large sums of money to activist groups that are not discrimination victims and not connected to a particular suit.
In the past, when the Civil Rights Division filed suit against, say, a bank or a landlord, alleging discrimination in lending or rentals, the cases were often settled by the defendant paying a fine to the U.S. Treasury and agreeing to put aside a sum of money to compensate the alleged discrimination victims. There was then a search for those victims—people who were actually denied a loan or an apartment—who stood to be compensated. After everyone who could be found was paid, there was often money left over. That money was returned to the defendant.
Now, Attorney General Eric Holder and Civil Rights Division chief Thomas Perez have a new plan. Any unspent money will not go back to the defendant but will instead go to a “qualified organization” approved by the Justice Department. And if there is not enough unspent money—that will be determined by the Department—then the defendant might be required to come up with more money to give to the “qualified organization.”
So the DoJ has come up with a “neat” way to increase big government’s ability to choose who will be the winners and who will be the losers. With their attempt to fool the people into allowing them to pass another trillion dollar stimulus patronage bill to funnel tons of cash to demcocrat operatives, lobbyists, agents, donors, and causes rebuffed, something like this becomes a godsend. Especially when some of these organizations now set up to benefit from this scam have been banned from getting government funds.
It also sure looks like the Obama Justice Department has come up with a new way to circumvent the pesky way Congress, even though it is now in demcorat hands and absolutely abhorred having to do so, defunded ACORN, and can now funnel cash to whatever these various pieces of ACORN – the name changed, the mission and tactics will stay the same - are called today.
Republicans are particularly concerned that the “qualified organizations” money might end up with groups that are associated with the community organizing group formerly known as ACORN. Republican lawmakers want to avoid sending federal money to groups that Congress has deemed unsuitable to receive it.
And it doesn’t stop there. There is a whole lot more that is wrong with this whole scam.
But the concerns of Republicans, and perhaps some Democrats, go beyond ACORN and other activist groups. The new Civil Rights Division tactic represents a departure from a fundamental principle of such cases, which is the pursuit of justice on behalf of actual victims. “If the Department of Justice recovers funds for alleged civil rights violations, the money should go to compensate victims or to the Treasury,” says Bob Driscoll, who was a top official in the Civil Rights Division during the first two years of the George W. Bush administration.
My bet is that the victims, real or imagined, will soon not be getting any money, as this new DoJ scam will end up just funneling as much as it can to the usual scumbags. And Bush was the one they said was running and illegal fascist government. Go figure. That’s “Hope & Change” for you in the age of Obama.
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Tuesday, August 03, 2010
Simply Genius!
That’s Tim Geithner providing cover for the failed collectivist policies now driving the country:
Treasury Secretary Timothy Geithner acknowledged that it is still a “tough economy” for most Americans, and warned it’s possible the unemployment rate will go up for a couple of months before it comes down as more people enter the labor force.
“When they see a little hope that there may be jobs out there, they start to come back in again. And that can cause the measured unemployment rate to go up — temporarily,” Geithner told “Good Morning America’s” George Stephanopoulos in an exclusive interview. “But what we expect to see, and I think most forecasters expect this…is an economy that’s gradually healing, gradually strengthening, businesses starting to add people back.”
The economy is not rebounding as quickly as Geithner and the Obama administration would like, he said. Last week’s economic report card showed the Gross Domestic Product grew at a rate of 2.4 percent, slower than it had earlier this year. But amid that bad news, Geithner said, were signs of growth in the private sector.
Talk about your snow job. The economy is not rebounding because collectivist wishful thinking and government funneling trillions to democrat operatives, friends, donors, lobbyists, and causes, while growing fat and large, contrary to all the fantasies, is never going to create any productive jobs. Private sector jobs produce wealth because those jobs provide net revenue to the economy and government. Government jobs destroy or shuffle wealth, and then inefficiently too, as they take private sector cash and reallocate it or simply burn it up. The morons in charge right now have done a ton of burning, and their agenda is set to burn even more, far beyond the capacity of any private sector to keep up with, in the future.
Anyway back to Geithner, and the excuse making for why these collectivists in government think they should get even more of our money, and have no doubt that this is about them feeling entitled to our money and being pissed we don’t want to go along.
“If you extend all these tax cuts just for two years or so, you’re going to leave the vast bulk of Americans…with uncertainty about what the rules of the game are going to be,” Geithner said. “What we’re proposing is to extend those tax cuts for the middle class. Extend those tax cuts for small businesses. Make clear that we’re going to keep dividends and capital gains rates, the taxes that go to business, to capital investment, at a modest rate going forward. That’ll give people more certainty.”
Get that? He is talking about the economic uncertainty Congress’ refusal to take a firm stance on the Bush tax cuts that expire at the end of this year. His take is that letting the tax cuts stay in place for an undetermined term will just keep people uncertain. So instead of saying, lets make them permanent and restart the economy, his genius solution is to just let them expire already, and hammer the people with more taxes. After all, big government needs cash to keep living large & in charge, baby! Want to see some more genius?
Geithner: ‘The Business Community Always Wants Their Taxes Lower’ Before businesses begin to use the estimated $1.8 trillion they have set aside, they want a commitment that their taxes will not increase over the next two years. Geithner did not make that promise, instead saying “the business community always wants
Evil and stupid businesses want to have low taxes! Don’t they know their sole purpose, like that of the serfs, is to feed big government cash so it can farm it out to those it favors? How dare they! Profits are evil! From each according to his ability, and to each according to his needs! And government needs!
OK, enough making fun of these morons and showing the obvious flaws in their ideology. Here is the deal. These losers know they have crashed the economy. This article, for a change, didn’t simply try to blame Bush, and hope the people stayed distracted, but they are still trying to make like the reason we are where we are and heading downwards fast, still isn’t their fault. This whole “we are going to lose more jobs before we get new ones” meme, is a demanded lie. If they keep doing what they are doing we will lose the jobs alright, but they are never coming back either.
Don’t worry though! Big government will cut you a monthly check that will provide you a standard of living at what will be considered right above the new poverty line – it will be far lower than it is now too – and like the majority of people, you won’t have to worry and covet what your neighbor has, since nobody will have anything. And although they got but a short line to show it, in this MSM article, even the Cubans have figured out government can’t create wealth: just steal it. Sad times. Get ready to have more unemployment.
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Friday, July 23, 2010
Taxes are for idiots!
In a general display of how the leftist elites really feel about all those taxes they love to levy on the “undeserving rich” and everyone else, we have this interesting story about the new Kerry yacht:
Sen. John Kerry, who has repeatedly voted to raise taxes while in Congress, dodged a whopping six-figure state tax bill on his new multimillion-dollar yacht by mooring her in Newport, R.I. Isabel - Kerry’s luxe, 76-foot New Zealand-built Friendship sloop with an Edwardian-style, glossy varnished teak interior, two VIP main cabins and a pilothouse fitted with a wet bar and cold wine storage - was designed by Rhode Island boat designer Ted Fontaine.
But instead of berthing the vessel in Nantucket, where the senator summers with the missus, Teresa Heinz, Isabel’s hailing port is listed as “Newport” on her stern. Could the reason be that the Ocean State repealed its Boat Sales and Use Tax back in 1993, making the tiny state to the south a haven - like the Cayman Islands, Bermuda and Nassau - for tax-skirting luxury yacht owners? Cash-strapped Massachusetts still collects a 6.25 percent sales tax and an annual excise tax on yachts. Sources say Isabel sold for something in the neighborhood of $7 million, meaning Kerry saved approximately $437,500 in sales tax and an annual excise tax of about $70,000.
The senior senator’s chief of staff David Wade denied the old salt was berthing his boat out of state to avoid ponying up to the commonwealth.
Seriously, you don’t think this decision was done on advice from his accountants to avoid taxes? If you don’t I am also sure you think Charley Rangel is being unjustly persecuted. One set of rules for thee, another for me. But we are the party of the little guy and the people. Right..
On a lighter note, Biden is again showing us how lucky we are Obama is president.
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Thursday, July 22, 2010
CHA_CHING!
Well, it looks like the tax payer subsidized government bail outs are now at a record setting $3.7 trillion of tax payer dollars, with no end in sight. Seems that $4 trillion number we were supposed to hit at the end of Obama’s first term will come about long before we get rid of him. Some $700 billion has been forked out just in the last year.
WASHINGTON, July 21 (Reuters) - Increased housing commitments swelled U.S. taxpayers’ total support for the financial system by $700 billion in the past year to around $3.7 trillion, a government watchdog said on Wednesday. The Special Inspector General for the Troubled Asset Relief Program said the increase was due largely to the government’s pledges to supply capital to Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) and to guarantee more mortgages to the support the housing market.
Now one can argue that it was necessary and Bush was not a moron for going along with the first $350 billion, but none of us, including GWB, liked it when congress - who controlled it back in 2008 again lefties - decided to up it to $ 700 billion, and most of us objected to it. Even though Bush was no longer running for office, republicans paid for this move in 2008, while the demcorats made a great show, even as they rigged the way the cash was being distributed to make it end up with their hobby horses, big donors, friends and lobbyists, of blaming Bush for the bad economy and the need to bail out corporations with tax payer money. Things have steadily gone down hill from there, as the TARP bailout funds became the perfect place for demcorats to hide their shenanigans, and that $700 billion number soon was nothing but wishful thinking. Here we are now closing in on the $4 trillion mark not even two years after the fact. And who, pray tell, did most of the $700 billion they spent this year go to? Why.. Nah, just read it yourself:
Increased guarantees for loans backed by the Federal Housing Administration, the Government National Mortgage Association and the Veterans administration increased the government’s commitments by $512.4 billion alone in the year to June 30, according to the report.
“Indeed, the current outstanding balance of overall Federal support for the nation’s financial system...has actually increased more than 23% over the past year, from approximately $3.0 trillion to $3.7 trillion—the equivalent of a fully deployed TARP program—largely without congressional action, even as the banking crisis has, by most measures, abated from its most acute phases,” the TARP inspector general, Neil Barofsky, wrote in the report.
So wait a minute? We aren’t bailing out banks anymore – the demcorats sure as hell are trying their best to pretend that the bailouts are for Wall Street – like before, so what did all that cash end up going to? Well you found out when you read deeper into the article, or if you had been paying attention, that the big money this year went to prop up government institutions and amongst them are none other than Freddie and Fannie, whose protectors also brought us that fun bill Hal has an awesome piece on right here. The banks in the mean time? Well, check it out:
The increased government commitments more than offset about a $300 billion decline in the U.S. Treasury’s TARP commitments in the past year as programs have closed and banks have repaid taxpayer funds.
They are paying back our money. So why are we still seeing such massive TARP expenditures still going on when the banks are paying back the cash, then?
“The fact that the Obama administration is treating TARP like its own personal slush-fund is beyond egregious and a complete betrayal of what the American people were told would be then when their tax-dollars were used to bailout Wall Street,” Issa said in a statement, adding that the housing efforts were “dumping good money after bad”.
Heh, must be more of the same game that has them avoiding both a budget before the 2010 elections and playing chicken with the Bush tax cuts that expire then too. “Hope and Change”, baby! Fiscal discipline the demcorat way....
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Tuesday, July 20, 2010
These are the people that are going to make your healthcare decisions too
Unless you live under a rock, you have heard about this story where some government bureaucrat from the Agriculture Department admitted on camera during an NAACP meeting that she had shafted a honkey farmer. While many are now coming out to condemn her for this, others are defending her, and even have the temerity to claim that it is the people that are pointing out how wrong what she did are at fault, thee real big deal that is going unsaid, is that this isn’t anything new for people working in government.
The people in government, at least the ones I have had to deal with, are with a few exceptions not even close to being as clever or unbiased as they would like you to believe they are. Your usual lefty has a lot of trust in these people, and maybe they are justified considering they share the same world view and ideas, but those of us that know better are not surprised to see these employees abusing their powers and office. In fact, I would be surprised if the opposite was the case. For every one you have on tape, I am betting there are hundreds of other that have done the same, but simply have not been caught or exposed. Heck, I dealt with such petty and vindictive losers with inferiority complexes and a giant chip on their shoulder practically every damned time I had to deal with government people. From the DMV to the IRS, they are smug and drunk with their own power. And they want you to know you have to go through them and are at their mercy.
While we should not ignore the racial component of this case, it is important to keep in mind that it is not just the only motivator of these kind of petty people. And just think how wonderful our healthcare coverage will be when these same types of people are in charge of it? That guy needed a heart transplant, and I just didn’t give him the full force of my abilities, cause I hate his guts. Of course, the only bad people are in the private sector and working for the insurance companies. Heh, our tax dollars at work.
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Wednesday, July 14, 2010
Now they are gonna get it!
Either Obama was handled by some right wing warmonger or he is showing more of the stupid that is rampant in the liberal ideological system when he said that al Qaeda was a racist organization.
A senior US official suggested Mr Obama was taking a direct swipe at the ideology and motives of al-Qaeda affiliates on the continent, which US intelligence agencies say are the extremist group’s most active branches. “Al-Qaeda is a racist organisation that treats black Africans like cannon fodder and does not value human life,” said the official, who spoke on the condition of anonymity.
Mr Obama issued the personal warning to the continent of his father’s birth days after suicide bombers killed 76 in Uganda in an attack claimed by the Somali militant group al-Shabaab, which has links to al-Qaeda.
Mr Obama said terrorist organisations “do not regard African life as valuable in and of itself”. “They see it as a potential place where you can carry out ideological battles that kill innocents without regard to long-term consequences for their short-term tactical gains,” he told the South African Broadcasting Corporation.
I say brilliant! I sure as hell hope this was a plant by right wingers to finally get this government of fools, hell bent on making al Qaeda like us, pissed at these bastards. If you look at what Obama is saying it literally comes down to “hey, we finally see al Qaeda, and organization that has a long and distinguished homicide bomber and murder record, is bad because they are killing blacks!”, and it seems to be hitting one of the three pillars of liberal ideological black listing; racism, sexism, and homophobia.
Suddenly, because they are now going of West Africans, they are bad guys. Maybe now Eric Holder will have an interest in going after them? It’s Arabs on black violence, after all. Let’s forget the feeling you get reading Obama’s words that he is almost regretful that al Qaeda is targeting people he feels would be sympathetic to their cause for now, and focus on the fact that the WH suddenly has decided these guys are real bad. Maybe we can go after them for hate crimes now? Heck, Gitmo might suddenly become a good thing too. What’s next? Islamic radicalism might even make its way back into the lexicon? You have to forgive me for seeing a conspiracy here considering the revelations.
Let’s get the WH to see that al Qaeda is also virulently homophobic and sexist, and maybe we actually will get them to have the UN send them an angry letter…
Dirkka dirkka, Mohamed Jihad!
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Monday, July 12, 2010
Climategate deniers are lying.
The AGW cultists have recently been up in arms about how an “independent review” of the Climategate scandal cleared the cultist, finding no evidence to question the “rigor and honesty” of scientists involved. Of course, as was obvious to anyone but the cultists, there wasn’t anything independent, and nothing much other than a political whitewash to continue to lend credibility to, and defend, the indefensible and incredible , as this WSJ article clearly points out.
The problem:
Last November there was a world-wide outcry when a trove of emails were released suggesting some of the world’s leading climate scientists engaged in professional misconduct, data manipulation and jiggering of both the scientific literature and climatic data to paint what scientist Keith Briffa called “a nice, tidy story” of climate history. The scandal became known as Climategate.
The setup:
Now a supposedly independent review of the evidence says, in effect, “nothing to see here.” Last week “The Independent Climate Change E-mails Review,” commissioned and paid for by the University of East Anglia, exonerated the University of East Anglia. The review committee was chaired by Sir Muir Russell, former vice chancellor at the University of Glasgow.
Mr. Russell took pains to present his committee, which consisted of four other academics, as independent. He told the Times of London that “Given the nature of the allegations it is right that someone who has no links to either the university or the climate science community looks at the evidence and makes recommendations based on what they find.”
The facts:
No links? One of the panel’s four members, Prof. Geoffrey Boulton, was on the faculty of East Anglia’s School of Environmental Sciences for 18 years. At the beginning of his tenure, the Climatic Research Unit (CRU)—the source of the Climategate emails—was established in Mr. Boulton’s school at East Anglia. Last December, Mr. Boulton signed a petition declaring that the scientists who established the global climate records at East Anglia “adhere to the highest levels of professional integrity.”
Heh, not much cause for all that “independent review” claim after this information about the ties of one of the panelists is gleaned, huh? The other 3 aren’t much better either, but we should seriously dispense with the pretense that this review was anything but an inside hack job to cover for the cult. There is big money here and the governments that want to control people’s lives and energy are quite willing to go along with the lies if it helps them get there. And those other “independent review”?
This purportedly independent review comes on the heels of two others—one by the University of East Anglia itself and the other by Penn State University, both completed in the spring, concerning its own employee, Prof. Michael Mann. Mr. Mann was one of the Climategate principals who proposed a plan, which was clearly laid out in emails whose veracity Mr. Mann has not challenged, to destroy a scientific journal that dared to publish three papers with which he and his East Anglia friends disagreed. These two reviews also saw no evil. For example, Penn State “determined that Dr. Michael E. Mann did not engage in, nor did he participate in, directly or indirectly, any actions that seriously deviated from accepted practices within the academic community.”
This is like having the child molester investigate the accusations made against him, and say that the video showing him molesting the kid exonerates him of the charge because in his “independent” analysis it doesn’t look like he is doing anything wrong. Nobody interested in the truth should take that defense seriously. Same applies to the defense and supposed exoneration of those that fabricated and manipulated data and supporting systems to model their claims, to push an agenda, concealed that agenda behind a veneer of legitimacy by consensus science, and then investigated themselves and gave themselves a slap on the wrist but continue to claim that the whole house of cards is on solid foundations and still to be taken seriously.
It’s impossible to find anything wrong if you really aren’t looking.
That’s the magic quote right there. Evidence of criminal intent and absolutely unscientific behavior?
In a famous email of May 29, 2008, Phil Jones, director of East Anglia’s CRU, wrote to Mr. Mann, under the subject line “IPCC & FOI,” “Can you delete any emails you may have had with Keith [Briffa] re AR4 [the Intergovernmental Panel on Climate Change (IPCC) report]? Keith will do likewise . . . can you also email Gene [Wahl, an employee of the U.S. Department of Commerce] to do the same . . . We will be getting Caspar [Amman, of the U.S. National Center for Atmospheric Research] to do likewise.”
Mr. Jones emailed later that he had “deleted loads of emails” so that anyone who might bring a Freedom of Information Act request would get very little. According to New Scientist writer Fred Pearce, “Russell and his team never asked Jones or his colleagues whether they had actually done this.”
The Russell report states that “On the allegation of withholding temperature data, we find that the CRU was not in a position to withhold access to such data.” Really? Here’s what CRU director Jones wrote to Australian scientist Warrick Hughes in February 2005: “We have 25 years or so invested in the work. Why should I make the data available to you, when your aim is to try and find something wrong with it[?]”
Why should that matter? These guys are pure, and their agenda is good! They are trying to better the world. Save it from the capitalist pigs. Social justice and redistribution of wealth through an all knowing governmental entity. After all, the people opposing the church of AGW’s findings and “science”, are in it for the money!
Readers of both earlier reports need to know that both institutions receive tens of millions in federal global warming research funding (which can be confirmed by perusing the grant histories of Messrs. Jones or Mann, compiled from public sources, that are available online at freerepublic.com). Any admission of substantial scientific misbehavior would likely result in a significant loss of funding.
Heh, but only the people getting money form those evil bastards that oppose the church of AGW, should not be taken seriously. That the church itself is making billions, and proponents and supporters of this apocalyptic gospel stand to make trillions, drastically expand the powers of government if not outright create that one-world collectivist government the UN and the leftists so pine for, to control the lives of peasants through the regulation of the availability of energy and transportation, stand to gain big-time, should simply be ignored.
Of course, Mr. Russell didn’t look to see if the ugly pressure tactics discussed in the Climategate emails had any consequences. That’s because they only interviewed CRU people, not the people whom they had trashed.
This sort of stuff is referred to as an echo chamber. I have been caught cheating? Ask my fellow cheats to prove that I did so! Yeah, really. Independent review my ass.
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Wednesday, July 07, 2010
Bold admission that Iran going nuclear is bad..
Israel has had nuclear weapons now for a few decades, and short of the usual nutjob demanding the Jews be pushed into the sea and the land reclaimed, non of its Arab nations have ever felt the need to build nukes to protect themselves. As anyone that hasn’t been living under a rock knows, that sentiment has not been extended to Iran, a fellow traveler and the nation vying for the title of top Jew hater, which has nuclear ambitions. In fact, Iran’s Arab neighbors are all either contemplating nuclear programs of their own - something they never felt compelled to do to keep up with Israel, or flat out pointing out that only idiots think anything short of force will deter Iran at this point.
ASPEN, Colo. | The United Arab Emirates ambassador to the United States said Tuesday that the benefits of bombing Iran’s nuclear program outweigh the short-term costs such an attack would impose. In unusually blunt remarks, Ambassador Yousef al-Otaiba publicly endorsed the use of the military option for countering Iran’s nuclear program, if sanctions fail to stop the country’s quest for nuclear weapons. “I think it’s a cost-benefit analysis,” Mr. al-Otaiba said. “I think despite the large amount of trade we do with Iran, which is close to $12 billion … there will be consequences, there will be a backlash and there will be problems with people protesting and rioting and very unhappy that there is an outside force attacking a Muslim country; that is going to happen no matter what.”
“If you are asking me, ‘Am I willing to live with that versus living with a nuclear Iran?,’ my answer is still the same: ‘We cannot live with a nuclear Iran.’ I am willing to absorb what takes place at the expense of the security of the U.A.E.” Mr. al-Otaiba made his comments in response to a question after a public interview session with the Atlantic magazine at the Aspen Ideas Festival here. They echo those of some Arab diplomats who have said similar things in private to their American counterparts but never this bluntly in public. The remarks surprised many in the audience.
Emphasis mine on that last bit. See, the only people surprised by this are the morons that also still believe talk can make a difference. That the problem here isn’t that Iran is run by destructive madmen, but that we (meaning that aggressive America of the Bush age) are the evil ones. This Ambassador has basically admitted that at least his country, the UAE, knows that nothing short of force will deter Iran at this point, and that Iran’s terror supporting/enabling leadership is pursuing these weapons so it can use the shield it will provide them, to escalate that support. And he has done it in public. He knows Iran will cause mayhem in this region if they go nuclear. Don’t take my word for this:
The ambassador also said that “talk of containment and deterrence really concerns me and makes me very nervous.” He said Iran has not been deterred from supporting terrorist groups such as Hamas and Hezbollah now, when it doesn’t have a nuclear arsenal. So why, he asked rhetorically, would Iran be more cautious in its support for terrorism if it did.
Exactly! Why does Iran need nukes if it has gotten away with this stuff already? The only thing that makes any kind of sense is that Iran plans to escalate, not reduce its efforts and the problems that its proxies are causing, and it thinks that nuclear umbrella will protect it from what happened to Saddam in Iraq or the Taliban in Afghanistan when they pushed us too hard. Does anyone doubt we would have handled these situations differently if we had to deal with a nuclear armed enemy? Thank Israel that Saddam didn’t have nukes. We might be thanking them too for Iran not having them sooner than later.
Of course, I am sure the usual leftards will now chime in that a nuclear enemy might have prevented Bush’s cowboy adventurism, and thus justify why we should let Iran go nuclear, but before you actually think these morons have a valid point, consider the following statement by the UAE ambassador:
Mr. al-Otaiba said that his country would be the last Arab country to cut a deal with Iran, if Tehran were to go nuclear. But he predicted other wealthy Arab states in the Gulf would dump their alliances with the U.S. in favor of ties with Tehran if President Obama does not stop the Islamic republic’s quest to become a nuclear power. “There are many countries in the region that if they lack assurance that the U.S. is willing to confront Iran, they will start running for cover with Iran,” he said. “Small, rich, vulnerable countries do not want to stick their finger in the big boy’s eye if they do not have the backing of the United States.”
Anyone thinking that this will result in more stability or lead to a better world is not just a moron, they are delusional. As I have often said, at a minimum you will get this:
Mr. al-Otaiba also said that an Iranian acquisition would set off a nuclear arms race in the region, predicting that Egypt, Saudi Arabia, Syria and Turkey would all start nuclear programs if Iran acquired such weapons.
Your average ignorant moron would argue that there is nothing wrong with these countries going nuclear too, I am sure. After all, Pakistan and India did it. And we are even living with the Norks being a nuclear nation. Let me point out what this ambassador had to say about that…
The ambassador in the end stressed that his country would not tolerate a nuclear Iran. “The United States may be able to live with it,” he said. “We can’t.”
I think the US would not be able to live with it either, but then again, the people that think this way are also the ones that believed the USSR should have been the one to win the Cold War, America isn’t fit to be the world’s leader because it is the root of all evil, China would do a better job than the US if it was top dog, and that they are able to use talk to keep a nuclear armed Iran in line. No matter how this plays out, it is going to be ugly. The thing is, as this ambassador has pointed out, that a nuclear armed Iran will be much more costly than whatever crap we get if we prevent it by force.
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When you haven’t got a clue how to actually do anything right….
The democrats are in a world of hurt come the November elections. They won huge in 2008 by having the MSM help them overinflate the fact Bush was a wet noodle and that republicans were somehow fiscally less responsible than them. As if the Carter years and the demcorat controlled congress tripling spending while the Reagan tax cuts doubled revenue, never happened. Of course, as soon as they won they proceeded to make sure everyone knew that demcorats being fiscally responsible or able to actually lead us into any kind of prosperity was a myth, on par with the one about demcorats caring about individual freedoms. They took the low bar the stupid republicans let the demcorats set for them, and plunged it to new lows.
For a while there they were able to blame Bush for everything they did wrong. We passed a nearly trillion dollar stimulus patronage bill that served to only “stimulate” the growth of government, fill our campaign coffers and the wallets of our donors, operatives, lobbyists, and friends, at the expense of those working in the private sector? Bush’s fault! A democrat controlled congress first pushed TARP up to $750 billion, despite objections from the not insane during an election campaign nevertheless – and so they could blame “you know who” – and then when they won, literally made TARP a no limit slush fund for all things collectivist government expansion related. Blame Bush! Cap and Tax was not popular and temporarily had to be put on the back burner. But PB, a top Obama donor and well connected to their WH and green efforts, blows a well out in the Gulf, and the same people that accused Bush of conjuring up Katrina to kill blacks in NO, now have let months go bye without doing anything of significance – can’t piss off the unions or let this crisis go bye without taking advantage of it and all that – because now they can bring this economy killer back again. Blame Bush! Passed the most intrusive and massive government expansion program ever, masquerading as healthcare reform, but really intended to recreate something like the Cuban healthcare system over here, against the will of the American people, nevertheless, guaranteeing that the massive cost of this boondoggle will fiscally bankrupt the nation. Blame Bush! Can’t pass a budget because it would show that demcorats lied about being fiscally responsible and have already broken last years record deficit spending and debt growing budget busting shenanigans? Blame Bush! We are being overrun by an invasion from our “neighbor” to the south? Blame Bush! Ok yeah, Bush was a moron on this one too, so he does deserve some blame. Of course, he didn’t succeed at his amnesty attempt, and the ones trying now aren’t doing it because Bush is making them, for sure. The surge worked in Iraq? Blame Bush! Oh wait. Biden says Obama, whom I should remind people because the MSM won’t, was against the surge, gets credit for that one now.
You get the picture right? Everything bad they do is Bush’s fault. Of course, that has now worn thin, and is falling on deaf ears, as the polls showing a massacre come November make clear. Remember the collectivists telling us that it was the end of the age of American greed – because making money and wanting prosperity for yourself, is you know, evil – was dead and the right was gone for the next 50 years? Took them less than 18 months to squander away the support their well orchestrated campaign of lies garnered them, by actually doing what they believe in! As many of us predicted: once the left showed what they were all about, the American people would turn on them. Yeah, I am rubbing it in. Anyway, back to the point of this post: the demcorats are desperate. So what’s the new tactic they hope will help show the American people that they are better suited to be in charge?
More of the same:
The Democratic Party is moving faster and more aggressively than in previous election years to dig up unflattering details about Republican challengers. In House races from New Jersey to Ohio to California, Democratic operatives are seizing on evidence of GOP candidates’ unpaid income taxes, property tax breaks and ties to financial firms that received taxpayer bailout money.
Sounds solid. When you have zero successes to campaing on, all you are left with is demonizing the opposition, and hoping the people are too stupid to figure out that’s all you have. You aren’t fit to lead anyone, fiscally irresponsible, drowning the country in debt, destroying the economy, healthcare system, and the lives of millions, and looking like you are going to be hammered in the election for it – all because people have wised up and no longer buy the “Blame Bush!” meme, dang it! – so what you do isn’t square this stuff away. Nah, you go dig up dirt on those that are going to have you for breakfast, hoping the American people are stupid enough to leave you in charge. After all, as this WaPO post does, the MSM will repeat the talking points you want to get out there even as it is pretending to tut-tut at you for doing this idiotic stuff.
And if you can’t find enough dirt? Well, go make some up:
Democratic officials are advising campaigns to hire trackers to follow their Republican opponents to public events with video cameras, ready to catch any gaffe or misstatement. And the Democratic National Committee last week issued a call to the public to submit any embarrassing audio or video of Republicans, as well as copies of their direct-mail advertisements.
Party officials would not say how many staffers are working on opposition research. Such work used to be farmed out to campaign consultants, but the DCCC brought research operations in-house in 2008 to be more nimble. “It may appear to be more aggressive this cycle because what we’re finding on Republicans is so rich,” Vogel said.
Good luck you morons. If these bastards put in a fraction of the time they would doing this kind of stuff in actually doing their jobs to benefit the American people instead of themselves, I guarantee you they would not need to do this stuff. Like I said: I can’t wait for November.
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Friday, July 02, 2010
Told you so…
Well, it looks like some more truth about how disastrous and unlikely to really be possible the promises made by the left to push for the new government healthcare takeover will be is trickling out:
The Obama administration has not ruled out turning sick people away from an insurance program created by the new healthcare law to provide coverage for the uninsured. Critics of the $5 billion high-risk pool program insist it will run out of money before Jan. 1, 2014. That’s when the program sunsets and health plans can no longer discriminate against people with pre-existing conditions. Administration officials insist they can make changes to the program to ensure it lasts until 2014, and that it may not have to turn away sick people.
So let me get this straight. First off, these collectivist are admitting that in order to keep the existing programs solvent and viable till 2014 when the big daddy takeover goes into high gear, they will need to likely deny care to “some” sick people? That is unless they can make some changes to the $5 billion high risk pool program to make it viable until 2014? Care to guess what the changes will be? Don’t need to man. It’s right there:
Officials said the administration could also consider reducing benefits under the program, or redistributing funds between state pools. But they acknowledged turning some people away was also a possibility.
So, in order to not have to turn away the expensive sick, the rest will have to do with less, subpar being the more likely case, coverage. Bet you get both. Less coverage, and people turned away. Of course, since government will do it now, it is still better than getting better care and less people turned away from the private insurers! Don’t worry though! The collectivists are coming to the rescue!
Leading health reform advocate Ron Pollack, founding executive director of Families USA, said the pools were a “very imperfect tool that could be implemented quickly” but were the best option available for the interim period before 2014.“The pools are going to be helpful for a significant number of people,” he told The Hill, “but nobody thought they’re the ultimate answer for helping people with pre-existing conditions.” Still, he didn’t rule out that Families USA could press lawmakers to allocate more money in a few years if it looks like the program needs it.
Well DUH! Just demand more cash! So, since there simply isn’t enough money to go around and pay for all of this, no matter what these bozos pretend otherwise, what we will get is this program costing twice, or more, as much as the allocates $5 billion, the coverage being piss poor, AND people still being turned away.
Not bad. Here is the kicker, though. Nobody seems to point out the obvious: that come 2014 when the big government healthcare takeover takes place, we will be left with a lot more of the same – they won’t turn people away, just drag their feet until they die and then save money – we are seeing here. Only then it will cost trice, if not more, as much to the same effect. Ain’t we lucky the collectivists managed to get government to take over healthcare? Fun, fun!
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Tuesday, June 29, 2010
The gravy train continues
While the political oligarchy in DC are trying real hard to stick it to Wall Street before July 4th session closes, in a nice Kabuki show intended to distract the dumb peasants from their role in the whole debacle have hit a snag, and the MSM does its best to help the demcorats blame republicans for the failure, the real story about how bad things are still to be is about Freddie & Fannie.
For American taxpayers, now on the hook for some $145 billion in housing losses connected to Fannie Mae and Freddie Mac loans, that amount could be just the tip of the iceberg. According to the Congressional Budget Office, the losses could balloon to $400 billion. And if housing prices fall further, some experts caution, the cost to the taxpayer could hit as much as $1 trillion.
That $1 trillion quote will end up to be a low ball end number, I predict. These two government controlled and wholly DNC owned entities are likely sitting on far more than a measly $1 trillion in bad loans. It’s going to cost us a lot more to prop these monsters up. And I had to laugh at this:
Two things are clear: Taxpayers don’t want to foot the bill, and Fannie and Freddie, taken over by the government in 2008 to stanch the financial bloodletting, need a major overhaul.
Emphasis mine. Taken over? Please! Government has always owned these two, even if they pretended that was not the case, damn it. Stop the dumb propaganda already.
If these morons really wanted to put a halt at the problem they would chop up both Freddie & Fannie, get rid of the laws forcing lending to bad risk people, and let the morons that loan money to risky people go belly up. Just like the “Savings & Loans” crisis of the 80s we would see a slew of failure, and then things would get better. Of course that can’t ever happen when the ideological agenda gets in the way. Hey Franks, how is the health of Freddie and Fannie now? You going to step up and admit you called people racist for daring to say these two were behemoths that would because of the idiotic practices pushed cripple our economy some day, and that you were of course wrong? Nah, the MSM will continue to blame Wall Street and evil republicans for ya, so why bother.
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Friday, June 25, 2010
They are not just burrying us in debt..
They are also actively trying to rig the game in their favor. The “they” in question here is the most ethical ever promised Pelosi/Reed congress, and the stink here is another crooked bill that denies anyone but demcorats and their allies an advantage:
The resulting DISCLOSE Act, according to its backers, will ensure transparency in campaign ad funding. Thursday, the House of Representatives approved the bill 219-206, with 36 Democrats and 170 Republicans in opposition to the measure, which was written by Rep. Chris Van Hollen, the Maryland Democrat who heads the Democratic Congressional Campaign Committee this year, and New York Sen. Chuck Schumer, who led the Senate Democrats’ campaign panel in 2008.
The bill is full of draconian restrictions on individual political speech expressed via corporations, but gives privileged status to the Democrats’ union masters. A provision pushed by Pennsylvania Democrat Rep. Bob Brady, for example, allows unions to transfer unlimited funds among affiliated groups to pay for political ads with no disclosure whatever. That makes campaign funding more transparent?
I think the author answered their own question there. While the demcorats are trying to lay low and not let the people find out they are turning America into a third rate banana republic economically, they have certainly not given up on doing so with our freedoms as well.
As usual, DISCLOSE was rammed through the House after being introduced with only a few hours’ notice and too little debate allowed. Because Democrats have abandoned doing a federal budget for the year, couldn’t they find a little more time to allow Congress and the people it is supposed to represent to read and discuss this measure at greater length? Next we will see if Senate Democrats are as determined to throw out the First Amendment as were most of their House colleagues.
Why the hell don’t they cut to the chase and just tell us who can vote and how often they can? Scratch that. Just do away with the whole election charade. I mean that’s the end goal here anyway.
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