Just when we think we have seen it all with these money pits, the US taxpayer gets another bill...Legal bills for Fannie and Freddie. Remember, we pay for "EVERYTHING"...
New York Times article here: http://www.nytimes.com/2011/01/24/business/24fees.html?_r=2&hp
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Monday, January 24, 2011
The Money Masters (Video)
This is a long one...grab your pop-corn and a stress ball...
http://www.federaljack.com/videos.php?type=google&v1=509450081593711944&name=THE%20MONEY%20MASTERS
http://www.federaljack.com/videos.php?type=google&v1=509450081593711944&name=THE%20MONEY%20MASTERS
Birthers? Who Keeps Bringing Up This Topic Anyway?
Funny how the Democratic Hawaii governor mentions that he will find and show President Obama's birth certificate, but cannot or will not deliver it. Now, White House Spokesman Robert Gibbs comes out to call "Birthers" as not being rational...
The headlines on this lately seen lately are largely created by those who "cry foul" on those who request proof in the form of a birth certificate, not those who question the validity of the existence of the President elect's birth certificate....oh the irony.
http://www.politico.com/politico44/perm/0111/key_gibbs_takeaways_ef25f6e6-0d60-4f79-89bc-dfc5b86c0b3a.html
The headlines on this lately seen lately are largely created by those who "cry foul" on those who request proof in the form of a birth certificate, not those who question the validity of the existence of the President elect's birth certificate....oh the irony.
http://www.politico.com/politico44/perm/0111/key_gibbs_takeaways_ef25f6e6-0d60-4f79-89bc-dfc5b86c0b3a.html
Labels:
Birthers
Another Debunking of Obamacare "Reducing" the Deficit
Interesting points laid out by Charles Krauthammer in this Washing Post article dated January 21, 2011...
It is all about how you structure the numbers, as in the case of Obamacare, there is a greater amount of taxes versus spending for the 10-year time period often discussed. Essentially we have here a large increase in spending offset with an even larger amount of taxes...both detrimental when considering our current "on the books" national debt is over $14 Trillion.
See Washington Post article here: http://www.washingtonpost.com/wp-dyn/content/article/2011/01/20/AR2011012003687.html
It is all about how you structure the numbers, as in the case of Obamacare, there is a greater amount of taxes versus spending for the 10-year time period often discussed. Essentially we have here a large increase in spending offset with an even larger amount of taxes...both detrimental when considering our current "on the books" national debt is over $14 Trillion.
See Washington Post article here: http://www.washingtonpost.com/wp-dyn/content/article/2011/01/20/AR2011012003687.html
Times Are Hard, and Getting Harder...
I cannot speak for everyone out there, but times are certainly tight. As I post this, I am still blessed to have a job and the ability to meet my monthly obligations. However, the squeeze is definitely on and relief does not appear to be apparent for the near future. Thanks to our wonderful elected leaders ability to spend money on just about anything and anywhere, we are now seeing a national debt of over $14 Trillion ($45,300 for every man, woman, and child in America).
See article: http://pajamasmedia.com/blog/america-the-broke/?singlepage=true
The debt is said to be mathematically impossible to pay back (http://www.infowars.com/it-is-now-mathematically-impossible-to-pay-off-the-u-s-national-debt/).
This does not even include other "liabilities" like Social Security, Medicare, etc. Also, the untold amount of derivatives (derivatives estimated at amounts of $1.5 Quadrillion...yikes!!) prove to add even more to this insurmountable debt.
See derivatives article: http://www.prisonplanet.com/it%E2%80%99s-the-bankers-or-us.html
Yet, Congress wants to increase the limits for debt. Perhaps it is time for us to consider just what course this country is taking toward imminent economic collapse.
See article: http://pajamasmedia.com/blog/america-the-broke/?singlepage=true
The debt is said to be mathematically impossible to pay back (http://www.infowars.com/it-is-now-mathematically-impossible-to-pay-off-the-u-s-national-debt/).
This does not even include other "liabilities" like Social Security, Medicare, etc. Also, the untold amount of derivatives (derivatives estimated at amounts of $1.5 Quadrillion...yikes!!) prove to add even more to this insurmountable debt.
See derivatives article: http://www.prisonplanet.com/it%E2%80%99s-the-bankers-or-us.html
Yet, Congress wants to increase the limits for debt. Perhaps it is time for us to consider just what course this country is taking toward imminent economic collapse.
Raising the Debt Ceiling? Jim DeMint (US Congressman - South Carolina) says "...our debt has reached scorching levels"
Reaching the debt ceiling should be a warning bell to Congress that our debt has reached scorching levels. But all Washington politicians want to do is shut off the alarm instead of put out the fire.
The alarms are ringing loudly, and with more frequency, in response to new and expanded entitlement programs, bailouts and Big Government takeovers. Congress has voted to raise the debt ceiling every year since 2002 — and twice in 2008 and 2009.
Raising the debt ceiling yet again without a plan to cut spending would be like putting out a fire with gasoline instead of water. Doing so would allow the government to continue borrowing more to spend more.
Read full article here from Politico.com:
http://www.politico.com/news/stories/0111/48020.html
The alarms are ringing loudly, and with more frequency, in response to new and expanded entitlement programs, bailouts and Big Government takeovers. Congress has voted to raise the debt ceiling every year since 2002 — and twice in 2008 and 2009.
Raising the debt ceiling yet again without a plan to cut spending would be like putting out a fire with gasoline instead of water. Doing so would allow the government to continue borrowing more to spend more.
Read full article here from Politico.com:
http://www.politico.com/news/stories/0111/48020.html
Obamacare's Un-equal Protection Under the Law
With all the exemptions now being granted to the new Health Care Reform, it is proving to be another case of big business and various "insider" contributors getting more gracious goodies from the Federal Government. In the article below, you will see how unions are getting some of the kickbacks for the gracious support they have shown the President and Democrats in general over the past 3/4 century. Business as usual...
How can we expect businesses to compete on the ever-increasingly uneven playing field? This is yet another case of Corporatism, which has only expanded since the bailouts were initially implements just over 2 years ago.
http://cnsnews.com/news/article/seiu-locals-including-chicago-chapter-wa
Other information on the ever-increasing waiver list:
http://michellemalkin.com/2010/12/07/obamacare-waiver-mania-continues-list-tops-222/
http://blogs.ajc.com/jamie-dupree-washington-insider/2010/12/07/more-health-waivers/
The list: http://www.hhs.gov/ociio/regulations/approved_applications_for_waiver.html
How can we expect businesses to compete on the ever-increasingly uneven playing field? This is yet another case of Corporatism, which has only expanded since the bailouts were initially implements just over 2 years ago.
http://cnsnews.com/news/article/seiu-locals-including-chicago-chapter-wa
Other information on the ever-increasing waiver list:
http://michellemalkin.com/2010/12/07/obamacare-waiver-mania-continues-list-tops-222/
http://blogs.ajc.com/jamie-dupree-washington-insider/2010/12/07/more-health-waivers/
The list: http://www.hhs.gov/ociio/regulations/approved_applications_for_waiver.html
Moscow's Domodedovo Airport Attacked by Suicide Bomber
This unfortunate and tragic event will no doubt be used to further suppress free people. We have no doubt seen an increase in "security" here in America at our airports and expanding soon to other modes of transportation.
I find it "troubling" (to say the least) that my children will grow up in an America where being groped by strangers at the airport will be a common occurrence. Also, the idea of guilty until proven innocent is a concept turned on its head...
Article on Seattle activist who won suit against TSA:
http://www.infowars.com/seattle-activist-wins-case-against-tsa/
Link to article on Moscow Airport bombing:
http://www.bbc.co.uk/news/world-europe-12268662
I find it "troubling" (to say the least) that my children will grow up in an America where being groped by strangers at the airport will be a common occurrence. Also, the idea of guilty until proven innocent is a concept turned on its head...
Article on Seattle activist who won suit against TSA:
http://www.infowars.com/seattle-activist-wins-case-against-tsa/
Link to article on Moscow Airport bombing:
http://www.bbc.co.uk/news/world-europe-12268662
GM China Sales Surpass the United States Last Year
For the first time in GM's history, sales in China have been greater than those in the United States last year. According to Detroit (AP), 2.35 million vehicles were sold in China, 136,000 more than in the United States.
See article here:
http://finance.yahoo.com/news/GMs-China-sales-pass-US-for-apf-2185790564.html?x=0&.v=2
See article here:
http://finance.yahoo.com/news/GMs-China-sales-pass-US-for-apf-2185790564.html?x=0&.v=2
Chinese Pianist Plays Anti-American Propaganda Tune at White House
Amazing what we are willing to take here in America in the name of political correctness and going out of our way to not offend. This includes our President bowing to leaders of nations that blatantly espouse evil as a means of controlling the public. In China's case, this refers to forced abortions and many other unspeakable atrocities.
Here is an article breaking down the latest slap in the face given to us by one of the largest owners our debt.
From Infowars.com:
Lang Lang the pianist says he chose it. Chairman Hu Jintao recognized it as soon as he heard it. Patriotic Chinese Internet users were delighted as soon as they saw the videos online. Early morning TV viewers in China knew it would be played an hour or two beforehand. At the White House State dinner on Jan. 19, about six minutes into his set, Lang Lang began tapping out a famous anti-American propaganda melody from the Korean War: the theme song to the movie “Battle on Shangganling Mountain.”
The film depicts a group of “People’s Volunteer Army” soldiers who are first hemmed in at Shanganling (or Triangle Hill) and then, when reinforcements arrive, take up their rifles and counterattack the U.S. military “jackals.”
http://www.infowars.com/chinese-pianist-plays-anti-american-propaganda-tune-at-white-house/
Here is an article breaking down the latest slap in the face given to us by one of the largest owners our debt.
From Infowars.com:
Lang Lang the pianist says he chose it. Chairman Hu Jintao recognized it as soon as he heard it. Patriotic Chinese Internet users were delighted as soon as they saw the videos online. Early morning TV viewers in China knew it would be played an hour or two beforehand. At the White House State dinner on Jan. 19, about six minutes into his set, Lang Lang began tapping out a famous anti-American propaganda melody from the Korean War: the theme song to the movie “Battle on Shangganling Mountain.”
The film depicts a group of “People’s Volunteer Army” soldiers who are first hemmed in at Shanganling (or Triangle Hill) and then, when reinforcements arrive, take up their rifles and counterattack the U.S. military “jackals.”
http://www.infowars.com/chinese-pianist-plays-anti-american-propaganda-tune-at-white-house/
Obama administration expanding use of Guantánamo Bay: report
Despite the promise to close the Guantánamo Bay detention facility, it is reported that “The Obama administration is preparing to increase the use of military commissions to prosecute Guantánamo detainees, an acknowledgment that the prison in Cuba remains open for business after Congress imposed steep new impediments to closing the facility,” the New York Times reported.
http://www.infowars.com/obama-administration-expanding-use-of-guantanamo-bay-report/
http://www.infowars.com/obama-administration-expanding-use-of-guantanamo-bay-report/
Thursday, January 20, 2011
RAND Corporation
Interesting interview on the RAND Corporation, which has major influence on decisions made by the US Government.
http://www.youtube.com/watch?v=OKqtNxiqZbk
http://www.youtube.com/watch?v=OKqtNxiqZbk
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