Category Archives: Economy

We’ve “ALL” Been “DEPUTIZED”

According to a Chairman of the investigations and oversight board for the $787 Billion dollar “C.R.A.P” :

“We are, in essence, deputizing the entire American citizenry to help with the oversight of this program,” said Rep. Brad Miller, chairman of the House Committee on Science and Technology’s subcommittee on investigations and oversight.

So, there you have it folks. We have all been deputized. We have been given the “authority” by the “powers that be” to act and hold these thugs accountable for ruining the futures of our youth for generations to come.

Blame it on the Teleprompter

Another “180” . . . I Clearly Remember Obama’s Teleprompter Telling Us that the War Costs During His Administration Would Be Included in the Budget as “NOT” to Deceive the Public.

Pelosi Wants $94.2 Billion More For Emergency Spending

Barack Obama and democrats were already going to quadruple the deficit this year.
Now Madam Speaker wants more.

Reuters
reported:

Democrats in the U.S. House of Representatives will seek passage in coming weeks of $94.2 billion in emergency money for the wars in Iraq and Afghanistan and other programs, including $2 billion more to prepare for an influenza pandemic.

House Appropriations Committee Chairman David Obey, outlining the legislation for reporters, also said the legislation would include $2.2 billion to fund some C-17 airplanes for the Pentagon. But it will not address future purchases of a refueling tanker airplane sought by the Air Force.

Obey said $80 million to close the U.S. prison in Guantanamo, Cuba, would not be included in the bill because no details were provided by the administration on how that move would be carried out.

Last month, President Barack Obama asked Congress to give him $83.4 billion more to pay for the wars in Iraq and Afghanistan. He is hoping to use the money to begin phasing out combat operations in Iraq while building up U.S. forces in Afghanistan where al Qaeda and Taliban fighters are gaining strength.

Hold That Federal Reserve Printing Press . . . Something Isn’t Adding Up

Jennifer Rubin05.04.2009 

The New York Times has figured out there is a little glitch in Obama’s economic scheme:

As the Obama administration racks up an unprecedented spending bill for bank bailouts, Detroit rescues, health care overhauls and stimulus plans, the bond market is starting to push up the cost of trillions of dollars in borrowing for the government.

Last week, the yield on 10-year Treasury notes rose to its highest level since November, briefly touching 3.17 percent, a sign that investors are demanding larger returns on the masses of United States debt being issued to finance an economic recovery.

That sounds like a retread of the 1970s — high interest rates and high unemployment. And, yes, this is what the Tea Party protesters (the unwashed masses the New York Times tried to ignore) were complaining about. You cannot borrow and borrow with no end:

The trouble is that government borrowing risks crowding out private investment, driving up interest rates and potentially slowing a recovery still trying to take hold. That is why the Federal Reserve announced an extraordinary policy this year to buy back existing long-term debt — $300 billion over six months — to drive down yields. The strategy worked for a while, but now the impact of that decision appears to be wearing off as long-term interest rates tick up again.

Then there is the concern that the interest the government must pay on its debt obligations may become unsustainable or weigh on future generations. The Congressional Budget Office expects interest payments to more than quadruple in the next decade as Washington borrows and spends, to $806 billion by 2019 from $172 billion next year.

It seems there is an inescapable reality, despite the government’s efforts to get “creative”: our ability to borrow is not infinite and the fiscal irresponsibility many (including some in the president’s own party) railed against has its price. In the end, no amount of political spin can convince bond purchasers to soak up all the red ink gushing from the U.S. budget.

The “New Foundation” . . . How to Push Through a Radical Health Care Plan: UPDATED and DEVELOPING: “GE is bringing a whole new meaning into your “life” and it has nothing to do with elecronics”

When dealing with radical politicians and their voting record, the 1st course of action is to follow the money…

Pharma and health product industry campaign contributions continue to rise, with donations to Sen. Barak Obama at $900,000 and contributions to Sen. John McCain about half that; combined with contributions to Sen. Hilary Clinton, that brings the Democratic contribution total to almost three times that of the Republican total:

AstraZeneca’s Flu Campaign Season Begins (Pharma’s Market)
In his blog, Mike Huckman discusses new statistics regarding the amount of money pharma has contributed to presidential candidates in the upcoming election.

After highlighting a new online ad campaign from AstraZeneca in which consumers are urged to choose their preferred “administration” for flu vaccine, Huckman provides some numbers about political campaign contributions.

“As of last Wednesday, the pharmaceuticals/health products industry has given more than $900,000 to Sen. Barack Obama. And Sen. John McCain has moved into third place with $442,000 in contributions,” he writes. “And all told, so far, the drug companies, which traditionally favor Republicans over Democrats, have given three times as much money to Sen. Obama and Sen. Hillary Clinton combined than [they have] to the presumptive GOP nominee.”

And who is part of this? None other than NOVAVAX, the bio-tech firm who’s stock just doubled from this so called flu-pandemic:

Aug 2008: A new bird flu vaccine developed by Novavax from insect cell cultures proved effective in spurring an immune response in a human trial. Report

So, this is government we can trust?

Expect more fear mongering from the hill to promote their agenda and gain financial benefit to those that supported their campaign AKA “pay to play” Washington style. GE is bringing a whole new meaning into your “life” and it has nothing to do with elecronics.

In the meantime, take precautions as you would for any flu season, just know that it was the vaccine that caused the deaths in 1918 flu pandemic, not the flu itself. Buyer beware.

Why Obama is so “Unwilling” to let go of the Auto Industry

 

TIC (teleprompter in chief) just announced the government is not in the auto business and that GMAC will fund future Chrysler products…in the same breath he announced that “we the people” will be funding GMAC in their efforts to fund this ponzie scheme because the UAW has already given to many concessions to ask them to give more. 

How stupid does he really think we are? Does he really think he is fooling us?

 

Control of organised labor is a key component of the Obama administration’s power plan.

The Communist Party USA’s Peoples Weekly World January 31st ’09 quoted President Obama as saying;

“I do not view the labor movement as part of the problem. To me, it’s part of the solution.”

Obama wants to unify the labor movement under a centralised socialist leadership, answerable to him. This will provide President Obama and the Democrats with money and armies of loyal foot soldiers for their battles with the Republicans, “disloyal” Dems and non compliant businesses.

It will also enable Obama to neutralise resistance to amnesty and citizenship for more than 10 million illegal workers curently in the US-which will almost certainly lock in millions of extra votes for Obama and the Democrats.

One organisation, American Rights at Work (ARW) has served as a key transmission belt from Obama to the labor movement. It is now looking increasingly like becoming Obama’s key control mechanism over the union movement.

ARW has strong ties to Obama’s old friends Democratic Socialists of America (DSA), the ultra left “think tank” Institute for Policy Studies (infamous in the 1970s and ’80s for its reported links to Soviet and Cuban intelligence services)and surprisingly one of the US’s largest mosques.

Here’s a “who’s who” of key American Rights at Work personnel.

David Bonior ARW President-A confirmed DSA member, Bonior was honored in December 2008 by Detroit DSA at its 10th annual Frederick Douglass-Eugene V. Debs Dinner.

According to Talking Union; David Bonior served in Congress for 26 years rising through the leadership to become the Democratic Caucus Whip. During his tenure in Congress, Bonior fought to raise the minimum wage, protect pensions, support unions, and extend unemployment benefits. He led the fight to oppose NAFTA in 1993. He worked to prevent war in Central America in the 1980s and again to prevent the Iraq War in 2002. After leaving Congress, Bonior co-founded American Rights at Work, a labor advocacy and research organization, which has made passage of the Employee Free Choice Act its major legislative priority. Bonior was recently appointed to the Obama economic team.

Bonior was touted as a likely Obama Labor Secretary but withdrew his name from contention. Obama then delegated Bonior to broker a re-unification of the US labor movement, bringing the Change To Win grouping and the AFL-CIO back together under one banner.

According to RBO

The NYT’s David Greenhouse reported that, on January 7, the union presidents first met with Bonior, a member of Obama’s economic transition team…Bonior helped “arrange and oversee” the meeting.

The union presidents issued their joint call after the transition team for President-elect Barack Obama signaled that it would prefer dealing with a united movement, rather than a fractured one that often had two competing voices.

read entire article here. It brings light as to the labor secretary and other TIC appointees.

US Government Organizational Chart

344_o_chart2

When Harry Truman left the White House he was asked how it felt to leave the White House and become an ordinary citizen, Harry replied:

 “I’m glad for the promotion.”

Every one of us citizens outranks any employee of the government including the President. Don’t ever forget that because our employees have forgotten it.

And Thus A Generated Crisis Begins?

CDC Says It’s Too Late to Confine Swine Flu Outbreak

The Obama Administration Currently Has No Plan to Close the Border–
The Center for Disease Control and Prevention announced today that it is already too late to contain the swine flu outbreak in the US.
Alert.net reported:

The U.S. Centers for Disease Control and Prevention said on Friday it was too late to contain the swine flu outbreak in the United States.

CDC acting director Dr. Richard Besser told reporters in a telephone briefing it was likely too late to try to contain the outbreak, by vaccinating, treating or isolating people.

“There are things that we see that suggest that containment is not very likely,” he said.

At least 8 cases of H1N1 have been identified in California and Texas.

 

It’s not like some that don’t like America very much haven’t thought of using Mexico to launch the attack or use the lax border security to sneak it in…and the fact that a congressional panel has been discussing this heavily and have information that was released in Dec 2008 that the threat is very real and not far off. Now we have a threat that there is no vaccine for? This is all too suspect to one who has done as much research as I have.

More Proof That it is Time for the “FAIR TAX”

This is the one  tri-fecta that today’s TaxDay TeaParties take aim at: A Corrupt Bloated Government/illegal immigrants due to lack of border control/obtrusive tax code.

How can we fix it? Simple, it’s called “The Fair Tax”. Everyone pays, no one is immune and how much you consume will determine how much of your hard earned dough you fork over to the government. Now, don’t get worked up. This tax would not be imposed on everyday necessities such as food, just those luxury items such as i-pods, x-boxes, well, you get the picture.

Why do we need it “NOW”? This is why…a new report out in the Washington Post

30adee620a572712Report Says IRS Let Illegal Immigrants Take Tax Credits

By Amit R. Paley
Washington Post Staff Writer
Thursday, April 16, 2009

The Internal Revenue Service has allowed some foreigners to improperly claim tax credits that will cost the government nearly $9 billion, according to a federal report scheduled to be released today.

The report by the Treasury Inspector General for Tax Administration, which was obtained by The Washington Post in advance of its release, criticizes the IRS for lax oversight of foreigners who use an alternative form of identification instead of a Social Security number. Many of the foreigners who use the code, known as an Individual Taxpayer Identification Number, are illegal immigrants, according to government officials and immigration experts.

The IRS has allowed companies who employ foreigners to file tax documents using this form of identification even though the law forbids it, the audit says. It said that 292,992 companies improperly reported wages totaling $9.5 billion in 2006 using those codes.

The practice has allowed foreigners who file their U.S. taxes using taxpayer identification numbers to inappropriately claim a child tax credit, the report said. The improper credit will cost $8.9 billion over the next five years, the inspector general’s office said. The report calls on Congress to pass legislation to fix the problem.

The IRS said in a response to the report that it disagreed with several of the inspector general’s recommendations. The tax agency said, for example, that it is the responsibility of the Social Security Administration to fix the problem of improper uses by foreigners of alternative identification numbers.

The tax agency also said it has taken several steps to improve compliance with laws governing use of these taxpayer numbers. The inspector general’s office said more changes were needed.

Now after reading this and your blood still isn’t boiling enough to make you pick up the phone and call your US Reps, I hear France is lovely this time of year. Need me to make the one way plane reservation for you?

Way To Go South Dakota! “UPDATED”

taxdayteapartyapril15_2009-004What a DAY!

When I turned the corner of Madison and Russell towards Covell Lake, it was a sea of vehicles of all shapes and sizes.  Luckily, someone must have been looking out for me today as I nabbed a spot that had been left just the right size for my small car.

taxdayteapartyapril15_2009-051

Then as I walked towards the lake, all I could see was the sea of Patriots that had come out! What an AWESOME sight it was! Also, it was great to see folks had brought the young ones out for an afternoon of hands on learning. Starting it off singing the National Anthem were members of the Lincoln High School Choir.

taxdayteapartyapril15_2009-035taxdayteapartyapril15_2009-022

What also made it special was the appearance from some very special dignitary…

 taxdayteapartyapril15_2009-018taxdayteapartyapril15_2009-016

Sit back and watch with me…it truly was a magnificent event that will be recorded for history…

Did I forget to mention that there were OVER 3500 attendees in Sioux Falls. Like I said…

WAY TO GO SOUTH DAKOTA PATRIOTS!!!

UPDATE KELOLAND Coverage

April 15th Fast Approaching and the Left-wing Smears are Already Underway

April 15th at noon, locations are Covell Lake in Sioux Falls and the corner of 5th and Omaha in Rapid City.

 

graciedesignThe left-wing blogosphere and left-wing clueless pundits will hammer away with their unreality-based Tea Party smears

. . . It’s already happened once before — at the Denver anti-porkulus rally last month, when the Media Matters/Daily Kos crowd shifted media attention away from the policy message by manufacturing fake outrage about some stunt-puller who showed up with a sign comparing Obama to Hitler that I didn’t see and asked for a picture. The local newspaper, the Rocky Mountain News, took the bait.  The Rocky Mountain News, incidentally, no longer exists. But the Tea Party movement has flourished despite the best efforts of national media outlets to ignore it, belittle it, and debase it…

Bob Beckel appeared on Fox News to sneer at the nationwide event. He derided tax revolters in Montana, joking that “It was a good thing it wasn’t a vodka party, because I guarantee you they all had guns.” Bigoted Beltway jerk. Beckel also claimed the Tea Parties were “nothing new” and recycled the debunked Playboy website report (deleted from the site) spreading false and illogical rumors that the grass-roots movement is directed from the GOP, national tax groups, and CNBC.

Oh, they wish. The truth is that thousands of people across the country who have never participated in local activism before have driven tpthis phenomenon which started well before Rick Santelli’s now-famous rant. Without the legions of folks who are involved with TCOT Report, DontGoMovement, and Smart Girl Politics, this phenomenon wouldn’t exist. Untold numbers of protesters are as sick of GOP capitulation and Beltway Republican cravenness as they are of Democrat wealth redistributionism. The left-wing conspiracy theorists give Beltway GOP swamp creatures far too much credit. They couldn’t have pulled off hundreds of protests over the past month and hundreds more to come if they tried. There are individual fiscal conservatives in Washington who have carried the torch. But tax protesters have been very vocal that the Republican party establishment is in so many ways a part of the problem, not the solution…

continue reading full article at Michelle Malkin dot com and help to continue to build the base by spreading the word.