Breitbart - Obama calls ‘entrepreneurship summit’ with Muslims
The White House on Friday announced a “summit on entrepreneurship” to build economic ties with the Islamic world, part of President Barack Obama’s outreach to Muslims.
The White House said it has invited participants from more than 40 countries over five continents for the April 26-27 conference in Washington.
“The summit will highlight the role entrepreneurship can play in addressing common challenges while building partnerships that will lead to greater opportunity abroad and at home,” White House spokesman Robert Gibbs said.
AZCentral - Is Hayworth ad mocking McCain offensive?
Sen. John McCain’s re-election campaign is decrying as insulting an online ad by GOP Senate challenger J.D. Hayworth that mocks McCain, R-Ariz., by defacing his picture with some sort of blue warpaint.
‘Ex-Congressman J.D. Hayworth should immediately apologize and and take down his latest online ad, which is an outrageous offense to John McCain’s lifetime of honorable service to our state and nation, and insulting to Native Americans here in Arizona and across America,” said Shiree Verdone, McCain’s campaign manager. “Mr. Hayworth is welcome to debate the challenges facing our state and nation, but this kind of character assassination has no place in the Republican Party, and Mr. Hayworth should ashamed of his campaign for running it.’
When asked for a response to Kyl’s complaint, Hayworth spokesman Jason Rose told AZ/DC: ‘We respectfully decline the request and would encourage Senator McCain to get a sense of humor. After all, if Sunday’s show did have an award for best election year flip-flopping and transparent conservative conversion, the incumbent would surely win the Oscar.’
CBS News - Bayh: No Chance I’ll Switch Parties
Members of Congress give all sorts of reasons for retiring, but the reason that Democrat Evan Bayh gave is starting to sound awfully familiar. The two-term Senator from Indiana said he just couldn’t stand the partisan bickering in Washington any more.
“I’ve had a growing conviction that Congress is not operating as it should. There is much too much partisanship and not enough progress,” he said yesterday, announcing he would not seek reelection this Fall.
Let me see Senator Bayh, “Congress is not operating as it should?” Running up a 1.4 Trillion dollar deficit, Federal Debt over 12 Trillion dollars, Earmarks (AKA wasteful spending), waste, fraud and abuse at the hand of the United States Congress, is this the partisanship you are talking about? The Democrat majority is in charge and the American People are holding them to account. Get over it!
LasVegasNOW - President Obama Again Criticizes Trips to Las Vegas
‘When times are tough, you tighten your belts,’ the president said. ‘You don’t go buying a boat when you can barely pay your mortgage. You don’t blow a bunch of cash on Vegas when you’re trying to save for college.’
President Obama
Daily Caller - Labor union money linked to anti-Tea Party Web site
Organized labor may be putting their dollars behind an online effort to take down Tea Party groups and their “radical ideas.”
A new Web site, TheTeaPartyIsOver.org, has connections to unions, including the Service Employees International Union and the American Federation of State, County and Municipal Employees.
The American Public Policy Committee pays for the site, whose self-declared mission is to “prevent the Tea Party’s dangerous ideas from gaining legislative traction.”
The Tea Party Movement’s idea of lower taxes and smaller government doesn’t sit well with unions. Especially the unions that represents government employees.
Business Week - Retiree Annuities May Be Promoted by Obama Aides
Bloomberg - Americans Oppose Proposals to Limit 401(k)s, ICI Says
The U.S. Treasury and Labor Departments will ask for public comment as soon as next week on ways to promote the conversion of 401(k) savings and Individual Retirement Accounts into annuities or other steady payment streams, according to Assistant Labor Secretary Phyllis C. Borzi and Deputy Assistant Treasury Secretary Mark Iwry, who are leading the effort.
According to the article, as of mid 2009 there was 3.6 trillion dollars in IRAs and 401(k)s. Thats a tempting sum to the Obama Administration and the Democrats when they are pilling up an unsustanable level of debt. They want to sieze it and convert it to annuities so that retires will receive “steady payment streams.”
Karl Denninger at The Market Ticker has a different take on this idea and it is rather ominous. 401k/IRA Screw Job Coming?
Let me tell you what this is - it is an attempt to prevent the collapse of the Treasury market!
Forcing people into Treasuries as an “annuity” is exactly what Social Security allegedly is. Except that Treasury stole the money that was collected in FICA taxes and spent it!
Guess what? They’ll do that here too - you’re going to “invest” in Treasuries which of course are effectively a CALL option on the future taxing ability of the government.
Read the rest of Karls article HERE
Let’s see if I understand this. The government takes your IRA / 401(k) and gives you an IOU. Then they pay you back in inflated dollars in equal monthly payments until you die. Haven’t they done this already with the generational ponzi scheme called Social Security? I wonder if they have hired Bernie Madoff as a consultant?
h/t Jason Hommel
I have lived over a half century and never in my lifetime have I seen a government more corrupt than the one that is in power now. Obama, Pelosi, Reed are destroying our country in front of our eyes and we can do nothing! When a deliberate effort is made to destroy the very foundations of America we should call it what it is. Treason.
Breitbart - Reporter stumbles chasing hopeful for Kennedy seat
Boston Herald - Coakley cites GOP ‘stalkers’ in D.C. dust-up
reporter John McCormack last night, who wrote about the episode outside the Sonoma restaurant in an online dispatch titled: “We Report, We Get Pushed.” McCormack wrote he was pushed to the ground by a man he says is linked to Coakley’s campaign while he was asking her questions.
She knew that there was a reporter who asked her a question. We had met before. I asked her four questions. She saw me get knocked to the ground and kept walking,” said McCormack. “I wouldn’t say I was surprised. ... She’s decided she’s entitled to the seat without answering questions on issues that are of national importance
CBS News - U.S. National Debt Tops Debt Limit
Reuters - House Dems plan short-term debt-limit hike
WASHINGTON, Dec 15 (Reuters) - The House of Representatives will vote on a short-term boost to the U.S. debt limit this week TO AVOID A GOVERNMENT DEFAULT and give lawmakers more time to try to cut the record federal deficit, House Democratic leader Steny Hoyer said on Tuesday.
READ - US GOVERNMENT ON VERGE OF DEFAULT ON IT’S DEBT
ABC News - President Obama: Federal Government ‘Will Go Bankrupt’ if Health Care Costs Are Not Reigned In
‘If we don’t pass it, here’s the guarantee….your premiums will go up, your employers are going to load up more costs on you,’ he said. ‘Potentially they’re going to drop your coverage, because they just can’t afford an increase of 25 percent, 30 percent in terms of the costs of providing health care to employees each and every year.’
The president said that the costs of Medicare and Medicaid are on an ‘unsustainable’ trajectory and if there is no action taken to bring them down, ‘the federal government will go bankrupt.’
Mr. President, you are a fool! It is not health care that is the problem it is the insatiable appetite of the Democrat Party to SPEND! The bill is coming due and you can’t pay it. Now, today the United States Of America may not be able to pay their debt. It’s directly your fault. Actually it IS your fault!
CBS - Chris Dodd in Trouble in Reelection Effort
Politico - Cook Political Report’s dire forecast for Dodd
Politico - Biden joins an uphill fight
Calling Dodd ‘the single-most gifted legislator in Congress, now that Teddy Kennedy’s gone,’ Biden praised him for chairing two committees in a national crisis. Biden said the consequences would have been ‘dire’ had Dodd failed.
Hey Joe, the consequences for our economy are “dire” because of Senator Dodd’s choice to look the other way. The industry he was supposed to regulate gave and recived special favors from Senator Dodd.
Examples from CBS;
close connections to leading bankers…. One such connection is to former Bear Stearns director Edward Downe Jr., who once shared a condo with Dodd. After Downe’s conviction for insider trading, Dodd leaned on President Clinton to pardon Downe at the end of his presidency.
Countrywide gave him “VIP” treatment in refinancing his home.
his role in the payment of bonuses to executives at AIG, the troubled firm that received a massive federal bailout.
Those are just examples given by CBS. If his role in the Mortgage and Banking crisis was properly investigated the list would be long, very long.
No worries! The people of Connecticut will be judge and jury in November.
Term limits from the ballot box, it’s a beautiful thing.
Telegraph - Copenhagen climate summit: 1,200 limos, 140 private planes and caviar wedges
Bloomberg - Obama Seeks to Rally Senate Democrats on Final Health-Care Plan
Americans love their freedom and are not willing to give it up. What your plan does is enslave the whole nation who will have to depend on government for their very life. When govenment makes the decision whether you live or die, there is no freedom.
Fast Company - ‘We Could’ve Stopped Global Warming…We Didn’t’
The ads all feature a doctored image of a current world leader - so that they look about ten years older - apologising from the future (2020 to be precise) saying, ‘I’m sorry. We could have stopped catastrophic climate change… We didn’t.’
‘It’s an apology from the future aimed at putting pressure on- and just maybe making these world leaders think twice about the consequences of their action or inaction now,’ explains the writer of the ads Toby Cotton of new agency Arc Communications.
‘The brief from Greenpeace International was simple,’ he continues, ‘to put pressure on world leaders to create a fair and binding agreement at Copenhagen.’
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Orphaned!
The Democrat and Republican Party have lost touch with the American People. They have become the political elite and We the People have become "fly-over country." I am not a Nazi, a terrorist, a member of the KKK, a racist, or a member of an angry mob. I'm not a birther, teabagger, truther or astroturfer. I do, however believe in the original intent of the Founding Fathers, the United States Constituton and the rule of law. I believe that Government should serve the People, not the other way around. I’m an American and conservative to my very core.
I feel like an orphan.
An American Political Orphan.
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