Gotta love this:
Come with us, align yourself, come with us on the road to socialism. This is the only path. Imagine a socialist revolution in the United States,” Hugo Chavez, dictator of Venezula. March 6, 2009
Gotta love this:
Come with us, align yourself, come with us on the road to socialism. This is the only path. Imagine a socialist revolution in the United States,” Hugo Chavez, dictator of Venezula. March 6, 2009
Since the White House seems to be in need of economic advice, here are a few suggestions that would help to turn things around quickly. Items #1 and #2 would not cost anything.
1. Eliminate Mark to Market – for people holding until the asset matures, mark to market is crazy.
2. Reinstate the uptick rule in order to restore some balance to the market.
3. Instead of spending more than $1.2 trillion on questionable projects, much of which won’t be spent for years, stop collecting income taxes for 2009. Federal Revenue in 2007 was approximately $2.5 trillion with individual income taxes making up a bit over 40% of that. So, drop the stimulus and put the money right back in everyone’s pocket this week. Save $200 billion, and let the citizens of the company keep their own money.
4. Talk about some of the positives: lower fuel costs, productivity and the like.
While obvious for some time, the Politico (Politico) today confirms that President Obama is targeting Rush Limbaugh.
What Obama fails to realize is that this means that Rush begins to set the agenda for the Democrats and in that case they are going to have a tough time of it. Rush has three hours per day on the air to respond so anyone willing to listen to him will hear the truth instead of the Obama and mainstream media’s spin. While good for Rush, letting him set the agenda will be bad for the President.
It should also be noted that:
“it would be charitable to say he doubled down on what he said in January in wishing and hoping for economic failure in this country.” – Robert Gibbs, Press Secretary for President Barack Hussein Obama on Rush Limbaugh, March 2, 2009
Not that Rush Limbaugh needs defending, but Robert Gibbs either purposefully ignores what Rush says, has hearing and reading problems, or is just plain dense. Anyone who opposes socialism/statism/collectivism should hope that the policies that President Obama proposes fail. “Success” in this case means LESS FREEDOM and more control of your lives from Washington. NO ONE hopes that the country fails economically, anyone who treasures freedom hopes that anti-liberty policies fail. Gibbs, it is easy to attack a straw man argument, the Presidency deserves real responses, not copouts.
“I can only imagine what might have been said a few years ago if somebody might have said that on the other side relating to what was going on in this country or our endeavors overseas.” – Gibbs
And it appears his memory is failing too.
I think the title says it all:
“A New Era of Responsibility, 1.75 trillion deficit”
$3.552 Trillion total spending or about $25,000 per taxpayer.
See the pdf file: http://www.whitehouse.gov/omb/assets/fy2010_new_era/A_New_Era_of_Responsibility2.pdf
Imagine if President Obama proposed taxing the blackest or whitest or gayest or straightest or most religious 2% of all citizens at a higher rate than the rest of the population. Would anyone stand for picking on a minority like that? Would anyone stand for singling people out like that?
Now replace blackest/whitest/gayest/straightest/most religious with something like “most talented” or “most successful” and no one has a problem with it.
So much for the concept of equal treatment under the law. So much for equality.
Freedom is endowed by our creator, every person’s right, and results in the most efficient system available. Increased government control limits your freedom and eventually it will limit it enough that you have none left and it will be too late to respond.
It didn’t take long to introduce more gun ownership regulation. (See http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.45.IH:) The short list of requirements are:
1. Guns must be registered (any rifle with a clip or any pistol)
2. You must be fingerprinted.
3. You must supply your social Continue reading HR-45, the Blair Holt’s Firearm Licensing and Record of Sale Act of 2009
Yesterday (Feb 13, 2009) radio host Mario Solis Marich asked former President Bill Clinton if it was time for “some type of enforced media accountability.” Clinton replied:
“Well, you either ought to have the Fairness Doctrine or we ought to have more balance on the other side, because essentially there’s always been a lot of big money to support the right wing talk shows and let face it, you know, Rush Limbaugh is fairly entertaining even when he is saying things that I think are ridiculous….”
For someone who attended law school and was President of the United States to blatantly ignore the First Amendment to the Constitution (not to mention the fact that the Constitution gives the Federal Government no power to regulate the press) is appalling.
When all power is concentrated in Washington and there is no one permitted to speak up for Freedom and Liberty, we can look back on comments such as these and see the steps we took to get there.
“Where was I going to get $400 a month to give her if I got these expenses,” Henrietta Hughes told WINK News.(This is the woman who had told President Obama on Tuesday (Feb 10, 2009): “I have an urgent need, unemployment and homelessness, a very small vehicle for my family and I to live in. The housing authority has two years’ waiting lists, and we need something more than the vehicle and the parks to go to. We need our own kitchen and our own bathroom. Please help.”)
Now on Friday she asked where she was “going to get $400 a month.” Henrietta, it is called a J-O-B. You don’t “get” $400 per month. You EARN it for doing WORK that is of VALUE to someone else.
I want to know where I’m “going to get $4 million a month.” The only answer is that I am going to EARN it or I am going to TAKE it from someone else by force. If I come up with an excuse that I *really* *really* NEED $4 million per month, will Washington send it to me?
When you are asking for a hand-out from the rest of us (or worse, taking it at the point of a gun), you better be ready for the strings that come with it.
If the Obama Administration really wants to do something productive with the stimulus money, use $100 billion or so and begin to harden the United States Infrastructure against EMP.
A single high-altitude nuclear weapon detonation (perhaps 200 miles) would create an electromagnetic pulse that would cover most of the continental United States, some of Canada and Mexico. The EMP would disable much of the electronic equipment in the United States. Even a small – by nuclear weapons standards – fission weapon would do significant damage. EMP would mean loss of power for everyone. This would mean no delivery of food or medicine or any other supplies. People that require water and sewer systems would be without power. Computers, TVs, radios would be damaged. The damage would not be a matter of resetting circuit breakers. Decades would pass before we were back to a 1920 level. Half a century before we were back to the 1970s. Tens to hundreds of millions of people would die in the United States within a year from starvation, disease, and untreated medical conditions. Many more hundreds of millions from around the world would die from ripple effects.
A country such as Iran or North Korea with a nuclear weapon and a delivery system could put the United States back to 1850 in terms of technology in 1 second. Without a weapon defense system, the United States is completely helpless.
Do we want to be at the mercy of an insane leader of a foreign country?
Two steps that must be taken as soon as possible:
1. Missile defense to stop the EMP before it starts.
2. Try to “harden” much of the United States electrical network. This is not a quick solution, but should be started.
If we are ever hit by EMP it will be too late.