Wednesday, March 25, 2009

Member of Parliment, Daniel Hannan            A True Statesman

“You’ve Run Out Of OUR Money”

Tuesday, March 24, 2009

85 Republicans Who Opposed The United States Constitution.

Here is a list of the 85 Republican members of the United States House of Representatives that voted for the 90% tax on bonuses for AIG and others. Clearly a violation of their oath of office to uphold the Constitution. See my post, “House Violates the US Constitution” from March 19th. These are the Republicans that need to be turned out of office in 2010. This included my own Congresswoman, Ginny Brown-Waite who shall no longer receive any support from me. Letter time! Here’s the list.

Aderholt, Alexander, Barton (TX), Biggert, Bilbray, Bilirakis. Blunt, Bono Mack, Boozman, Brown (SC), Brown-Waite, Ginny, Buchanan, Calvert, Camp, Cantor, Cao, Capito, Cassidy, Castle, Crenshaw, Davis (KY), Diaz-Balart, L., Diaz-Balart, M., Duncan, Ehlers, Emerson, Fleming, Forbes, Fortenberry, Frelinghuysen, Gallegly, Gerlach, Goodlatte, Guthrie, Heller, Herger, Hoekstra, Johnson (IL), Jones, Kirk, Lance, Latham, Lee (NY), Lewis (CA), LoBiondo, Manzullo, McCaul, McClintock, McHugh, McMorris Rodgers, Mica, Miller (MI), Moran (KS), Petri, Platts, Putnam, Rehberg, Reichert, Roe (TN), Rogers (AL), Rogers (KY), Rogers (MI), Rohrabacher, Rooney, Ros-Lehtinen, Roskam, Royce, Ryan (WI), Schmidt, Schock, Shimkus, Smith (NJ), Smith (TX), Stearns, Tiberi, Turner, Upton, Walden, Wamp, Whitfield, Wittman, Wolf, Young (AK), Young (FL)

Maybe you can find a way to educate these wayward Republicans by sending them a copy of Mark Levin’s new book Liberty and Tyranny, A Conservative Manifesto

That’s if you think they are redeemable.

Personally, I don’t think a company should pay out bonuses unless they are profitable. In AIG’s defense these bonuses were contactual obligations that were due the employees by contract. The cost to AIG if they refused to pay them in court and legal fees would have been at least double what they were obligated to pay.

Sunday, March 22, 2009

Obama - Puch Drunk?

From the Politico, Kroft to Obama: Are you punch-drunk?

His remarks came in a “60 Minutes” interview in which he was pressed by an incredulous Steve Kroft for laughing and chuckling several times while discussing the perilous state of the world’s economy.

“You’re sitting here. And you’re— you are laughing. You are laughing about some of these problems. Are people going to look at this and say, ‘I mean, he’s sitting there just making jokes about money—’ How do you deal with— I mean: explain. . .” Kroft asks at one point.

“Are you punch-drunk?” Kroft says.

“No, no. There’s gotta be a little gallows humor to get you through the day,” Obama says, with a laugh.

The interview is Obama’s most detailed explanation yet of his view of the world economic crisis, and he makes clear that he’s afraid the nation hasn’t seen the worst of it – even invoking the possibility of a “depression” if a series of financial institutions collapse all at once.

Well, what is it Mr. President “not as bad as it looks” or “the nation hasn’t seen the worst of it?”

There goes the market plunge for Monday morning! Thanks Mr. President. More doom and gloom.

The President is laughing because he has bambozled the American people and is easily destroying our nation without any resistance. He can’t believe his fortune.

Quote of The Day

From novelest Honore de Balzac:

Envy is the most stupid of vices, for there is no single advantage to be gained from it

No advantage unless you are a Democrat and want to manipulate the American people’s emotions for political advantage. The dumb masses will fall for it every time…

Friday, March 20, 2009

Bowling With The President

He said it and he meant it.

No apologies Mr. President, we know what you realy meant to say.

He bowled a 129, the president said.
“That’s very good, Mr. President,” Leno said sarcastically.
It’s “like the Special Olympics or something,” the president said.

Misplaced Anger Part II

America Was Played!

America Was Suckered

Breaking News! Chris Dodd and The Obama Administration ADDED the AIG Bonus Authorization as Part of The Stimulus Bill!

The Obama Administration played America for a fool, directed anger toward AIG when they knew full well THEY AUTHORIZED THE BONUSES IN THE STIMULUS BILL!

Joshuapundit, in his post, AIG - Obama And the Democrats Unconstitutional Shadow Show, compared the governments behavior to….

targeting a new class of rich kulaks as Enemies Of the People…

For those of you who don’t know who the kulaks were, they were a class of prosperous, land owning farmers who resisted Stalin’s collectivization. Because of that, they were doing far better than Stalin’s forced collectives and making the government look as incompetent and short sighted as it actually was. The way Stalin dealt with them was to use propaganda to demonize them to the masses, appropriate their wealth ‘for the people’ and then send the NKVD in to ship them to Siberia as criminals.

That’s exactly what we have here..where American citizens are being intimidated into returning money they lawfully earned to make tax cheats like Charlie Rangel and Tim Geithner look good and cover up what the Obama administration and its allies in Congress tried to slip through.

In Stalin’s Russia, the term ‘kulak’ was easily expanded to include any of the State’s enemies once the original kulaks were disposed of. Remember that before you succumb to the Obama Administration’s little class envy shadow show.

So effective was the Obama Administration in flaming the fires of wealth envy, AIG employees have received death threats because of the President’s rhetoric.

Unbelievable!

Thursday, March 19, 2009

House Violates the US Constitution

RE: Breitbart.com, House passes bill taxing AIG and other bonuses

Democrats pressed for quick action Thursday on a bill to slap punishing taxes on big employee bonuses from firms bailed out by taxpayers.

Article 1 Section 9 of the United States Constitution states…..

No Bill of Attainder or ex post facto Law shall be passed.

And Article 1 Section 10 states that:

No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.

Webster’s Dictionary defines Bill of Attainder as:

a legislative enactment by which a person is pronounced guilty, without trial, of an alleged crime, orig. a capital crime, esp. treason: prohibited in the U.S. by the Constitution

The Law Encyclopedia defines ex post facto laws as:

Laws that provide for the infliction of punishment upon a person for some prior act that, at the time it was committed, was not illegal.

Congress has violated the Constitution. 328 Members of the United States House of Representatives voted to impose an ex post facto law against employees of an American corporation (AIG), in direct violation of the United States Constitution.

Every one of those that voted for this bill has violated their oath of office and should be asked to resign from office immediately!

The bill is HR 1586.

Pelosi - Doesn’t Believe in The Rule of Law

Fox News, Pelosi Tells Illegal Immigrants That Work Site Raids are Un-American

The speaker of the House told a group of both legal and illegal immigrants recently that enforcement of immigration laws in the United States is “un-American.”

House Speaker Nancy Pelosi recently told a group of both legal and illegal immigrants and their families that enforcement of existing immigration laws, as currently practiced, is “un-American.”

The speaker, condemning raids by Immigration and Customs Enforcement agents, referred to the immigrants she was addressing as “very, very patriotic.”

“Who in this country would not want to change a policy of kicking in doors in the middle of the night and sending a parent away from their families?” Pelosi told a mostly Hispanic gathering at St. Anthony’s Church in San Francisco.

It must be stopped….What value system is that? I think it’s un-American. I think it’s un-American.

Madam Speaker, We are a Constitutonal Republic, governed by the United States Constitution, representative government and the rule of law.

It is YOUR Constitutional responsibility to enforce the law.

Doing your Constitutional duty is NOT Un-American.

Wednesday, March 18, 2009

Misplaced Anger

From ABC News: Will Obama, McCain, Dodd Return Contributions From AIG Employees?

AIG Gave More Than $630,000 During the 2008 Political Cycle

AIG employees kept doling out donations to politicians, including presidential candidate Barack Obama, after getting bailed out with federal funds last year, raising the question of whether those politicians will now return the money.

According to the Center for Responsive Politics, which tracks campaign finance reports, more than $120,000 of that money was donated after AIG received its first $85 billion in federal bailout funds in September. The company has since received a total of $170 billion in taxpayer cash to prevent its collapse.

Their generosity included more than $23,000 to Obama’s campaign.

Mr. President, maybe the American people should be more “Outraged” and angry after the “political class” took campaign donations from a company that they KNEW were paying them with taxpayer’s money!

AIG’s bonuses were a contractual obligation between AIG and it’s employees. Not paying them were NOT an option.

Obama’s War On Military Service

From Yahoo News: The American Legion Strongly Opposed to President’s Plan to Charge Wounded Heroes for Treatment

WASHINGTON, March 16 /PRNewswire-USNewswire/—The leader of the nation’s largest veterans organization says he is “deeply disappointed and concerned” after a meeting with President Obama today to discuss a proposal to force private insurance companies to pay for the treatment of military veterans who have suffered service-connected disabilities and injuries. The Obama administration recently revealed a plan to require private insurance carriers to reimburse the Department of Veterans Affairs (VA) in such cases.

“It became apparent during our discussion today that the President intends to move forward with this unreasonable plan,” said Commander David K. Rehbein of The American Legion. “He says he is looking to generate $540-million by this method, but refused to hear arguments about the moral and government-avowed obligations that would be compromised by it.”

Mr. President, I’m sure you can find $540-million in pork wasteful spending Democrat Party excess earmarks that can be cut from your budget! Saving money on the backs of our GI’s is an Outrage!

Your Congress at Work

Sunday, March 15, 2009

Biden “Obama Factor”

From Yahoo News Biden sees signs economic confidence returning

Joe “gimme a f’n break” Biden said something positive about the economy…

Biden said Saturday that he and the president have no doubt that the country will overcome its economic woes. And he feels the recent uptick in the stock markets is a result of the “Obama factor.”

Biden said he believed the economy was showing some signs of hope. He noted that consumer confidence is up and though it will dip again, he’s growing more convinced people are beginning to figure out that President Barack Obama has a plan to rebuild the economy.

Not so fast Joe, if the economy is recovering it certainly isn’t Barack Obama’s doing. The fact is if you keep spending and continue to add more taxes there will be no hope for recovery.

More Taxes on the Middle Class

Obama Open to Taxing Some Health Benefits

From the International Herald Tribune,

WASHINGTON: The Obama administration is signaling to Congress that the president could support taxing some employee health benefits, as several influential lawmakers and many economists favor, to help pay for overhauling the U.S. health care system.

Looks like the war against the producers continues. Where are the tax cuts for 95% of Americans?

Barack Obama ‘Manchurian Candidate’

Bloomberg Editorial Proclaims: ‘Manchurian Candidate’ Starts War on Business: Kevin Hassett

Kevin Hassett asks the questions and points out the details that may be on the minds of millions of Americans. Is President Obama really interested in economic progress or is there some sinister motive behind his behavior thus far. He Writes;

Now that we have seen President Barack Obama’s first-year legislative agenda, we know what kind of a war he intends to wage.

It is no wonder that markets are imploding around us. Obama is giving us the War on Business.

Imagine that some hypothetical enemy state spent years preparing a “Manchurian Candidate” to destroy the U.S. economy once elected. What policies might that leader pursue?

He might discourage private capital from entering the financial sector by instructing his Treasury secretary to repeatedly promise a brilliant rescue plan, but never actually have one. Private firms, spooked by the thought of what government might do, would shy away from transactions altogether. If the secretary were smooth and played rope-a-dope long enough, the whole financial sector would be gone before voters could demand action.

Another diabolical idea would be to significantly increase taxes on whatever firms are still standing. That would require subterfuge, since increasing tax rates would be too obvious. Our Manchurian Candidate would have plenty of sophisticated ideas on changing the rules to get more revenue without increasing rates, such as auctioning off “permits.”

These steps would create near-term distress. If our Manchurian Candidate leader really wanted to knock the country down for good, he would have to provide insurance against any long-run recovery.

There are two steps to accomplish that.

Discourage Innovation

First, one way the economy might finally take off is for some entrepreneur to invent an amazing new product that launches something on the scale of the dot-com boom. If you want to destroy an economy, you have to persuade those innovators not even to try.

Second, you need to initiate entitlement programs that are difficult to change once enacted. These programs should transfer assets away from productive areas of the economy as efficiently as possible. Ideally, the government will have no choice but to increase taxes sharply in the future to pay for new entitlements.

A leader who pulled off all that might be able to finish off the country.

To see how Obama’s plan compares with Hassett’s nightmare scenario check out the rest of the editorial here.

Hassett does make 1 statement I dissagree with…

It’s clear that President Obama wants the best for our country.

If he did Mt. Hassett, he wouldn’t be spending 1 billion dollars an hour since elected. That sir, is unsustainable debt that has already robbed the future of America. It is NOT in the best interest of the country.

Wednesday, March 11, 2009

The Truth? No One Wants to Listen

Senator Judd Gregg’s introductory comments from the Senate Budget Hearing. He’s speaking the truth but no one in this administration is listening.  Hat tip, Powerline.

I appreciate the chairman saying that, in the second five years of this budget, the debt levels are unsustainable, because they are.

And the cost of this budget is unsustainable. And the tax burden is unsustainable. The chairman didn’t say that. I added the second two categories. ...

The problem is that that effort to try to stabilize the economy has been used as a straw dog for the purposes of expanding the size of government in the out years exponentially, moving it to the left in a way that has never been projected or seen before, should it be successful.

The budget proposes about $1.4 trillion in new taxes over the next 10 years, about $725 billion in new discretionary spending, about $1.2 trillion in new mandatory spending. And virtually no savings. ...

It doubles the national debt in five years, publicly-held debt, this budget. And as the chairman has said, some of that is understandable, because of the fact that we’ve got this severe situation, and a lot of debt is being run up as a result of that.

But remember, much of the debt that’s being run up in the short term, if it works, if the spending works—for example, the TARP works, and some of the other initiatives work—it’s actually going to come back to us, because it’s invested funds.

But the assumption is that it isn’t going to come back to us to be used to reduce the debt. It’s going to come back and be spent, all these funds coming back to us, so the debt triples in 10 years.

The practical implications of that are staggering for our children.

All the presidents—including George Bush—since the beginning of our republic, will not have run up as much debt as this budget will run up in the first period of its term.

And there is no factoring in, really, of what is coming at us in a significant way, which is the retirement of the baby boom generation, the cost of entitlements on top of all of that.

So, you essentially have set up a scenario here under this budget, where we will pass on to our children in the very near future, at about the end of four years from now, a debt-to-GDP ratio which is unsustainable and a deficit ratio which is unsustainable. And that means our kids are going to have a hard time digging themselves out of this hole.