Jim Puplava talks to Timothy Carney on his radio show about his book OBAMANOMICS: How Barack Obama is bankrupting you and enriching his wall street friends, corporate lobbyists, and union bosses! (Recorded on February 27th 2010) He talks about the ongoing process of how he's accomplishing this and who exactly is getting rich.
Synopsis of the book: Obama Is Making You Poorer—But Who’s Getting Rich?
Goldman Sachs, GE, Pfizer, the United Auto Workers—the same “special interests” Barack Obamawas supposed to chase from the temple—are profiting handsomely from Obama’s Big Government policies that crush taxpayers, small businesses, and consumers. In Obamanomics, investigative reporter Timothy P. Carney digs up the dirt the mainstream media ignores and the White House wishes you wouldn’t see. Rather than Hope and Change, Obama is delivering corporate socialism to America, all while claiming he’s battling corporate America. It’s corporate welfare and regulatory robbery—it’s Obamanomics.
Congressman Ron Paul says, “Every libertarian and free-market conservative needs to read Obamanomics.” And Jonah Goldberg, columnist and bestselling author says, “Obamanomics is conservative muckraking at its best and an indispensable field guide to the Obama years.”
If you’ve wondered what’s happening to America, as the federal government swallows up the financial sector, the auto industry, and healthcare, and enacts deficit exploding “stimulus packages,” this book makes it all clear—it’s a big scam. Ultimately, Obamanomics boils down to this: every time government gets bigger, somebody’s getting rich, and those somebodies are friends of Barack. This book names the names—and it will make your blood boil.
Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar. "That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now," he said in a speech on the future mandate of the 186-nation Washington-based lending organization. He said having other alternatives to the dollar "would limit the extent to which the international monetary system as a whole depends on the policies and conditions of a single, albeit dominant, country." http://abcnews.go.com/Business/wireStory?id=9958995
Remember this back in September 2009: UN Calls for the Creation of Global Reserve Currency
Harry Reid seems to be afflicted with "partimers" as he now claims that no one has talked about reconciliation. Yet several days ago he talked about the wonderful things that can be done with reconciliation.
Senator McCain talks about the Consequences Of Reconciliation:
Do these "leaders" speak for you? House Speaker Nancy Pelosi:“Those people sitting at that kitchen table — they don’t want to hear about process. They want to hear about results.”
Senate Majority Leader Harry Reid:“Now, we as leaders here, the speaker and I, have not talked about doing reconciliation as the only way out of all this. Of course it’s not the only way out. But remember, since 1981, reconciliation has been used 21 times. Most of it’s been used by Republicans for major things, like much of the Contract for America, Medicare reform, the tax cuts for rich people in America. So reconciliation isn’t something that’s never been done before.”
Various clips of yesterday's health care summit concluding with Former Alaska governor Sarah Palin and her opinion on whether or not the health care meeting accomplished anything.....anything at all!
Obama's 'Plan B'? Does the president have a backup plan for health care?
Today during lunch break during the health care summit, Biden was caught on tape saying this: "It's easy being vice president - you don't do anything."
Barack B.S. from moments ago: Alexander: "The congressional office report says that premiums will go up" Obama: "No, no, no, this is an example of where we need to get out facts straight" Alexander: "That's my point"!
Imus talks to FNC's Chris Wallace on how President Obama has done so far. "It's Carter all over again!" Wallace: Did you vote for Obama? Imus: (Exuberant) No, I voted for McCain, what's wrong with you? He's a phony! Wallace: I think he's well intentioned yet evidentially incompetent.
Suggestions from a recent Conservative New Media workshop: "Be way more hip" "Don't be a RHINO Republican in name only" "Sell Conservatism hard" "Get results for the American people" "Respect the Constitution" "Keep you word" Anything else?
If you're so inclined to track every dollar and every bailout recipient of our U.S. Government, there is a frequently updated database to help you with this, no doubt pleasurable endevour. Subsidyscope, a project of the PEW Charitable Trusts, has a wealth of information, charts, graphs and datasets on the bank bailout, as well as a map of recipients of TARP bailout funds, by county.
Subsidyscope.com http://subsidyscope.com/bailout/tarp/map/ enables you to mouse over a county to see banking activity for TARP Capital Purchase Program (CPP) recipient institutions in that county. You can make a selection from the drop down menu to view share of total deposits held in each county that are held by a TARP CPP recipient; share of total branches in each county that are managed by a TARP CPP recipient, or the percentage of total HMDA lending originated in each county by TARP CPP recipient banks. A history of U.S. Gov't bailouts can be found here: http://www.propublica.org/special/government-bailouts It also allows you to view the latest bailouts and actually find a bailout near you:
"With the flurry of recent government bailouts, we decided to try to put them in perspective. The circles below represent the size of U.S. government bailout, calculated in 2008 dollars. They are also in chronological order. Our chart focuses on U.S. government bailouts of U.S. corporations (and one city). We have not included instances where the U.S. government aided other nations." According to their website the current outfloes total: $499.5 billion This includes money that has actually been spent, invested, or loaned.
Speaking to the Business Roundtable yesterday, Obama said: "Contrary to the claims of some of my critics, I am an ardent believer in the free market," Obama said in prepared remarks. "We have arrived at a juncture in our politics where reasonable efforts to update our regulations, or make basic investments in our future, are too often greeted with cries of 'government takeover' or even 'socialism',".
"Getting this balance right has less to do with big government or small government than it does smart government. It's not about being anti-business or pro-government; it's about being pro-growth and pro-jobs," he said.
Once again, can we really believe anything this man says?
Today, Congressman Sam Johnson (3rd. Dist.—Texas) took to the House floor to argue that the Presidents new healthcare proposal is only the same Washington takeover of healthcare that raises taxes, kills jobs and shoves bureaucracy into the patient-doctor relationship. "Many of my colleagues in the House are ignoring the American people. Our constituents are holding rallies, posting blogs writing to their congressmen and doing everything in their power to get them to listen. They don't want a Government takeover of healthcare!" says Johnson.
In the House, Johnson is an ardent conservative. By some views, Johnson had the most conservative record in the House for three consecutive years, opposing pork barrel projects of all kinds, voting for more IRAs and against extending unemployment benefits. The conservative watchdog group Citizens Against Government Waste has consistently rated him as being friendly to taxpayers.
Judge Andrew Napolitano spent some time at CPAC last week and says he's optimistic about the future of the Republican party and the conservative movement. He states: "During the Bush years, the Republicans and Democrates morphed into one party called the "big government party". But now the GOP is coming back to it's core principles....or is it?" Granted he's libertarian but not anti-capitalist.
Judge Napolitano is the youngest life-tenured Superior Court judge in the history of the State of New Jersey. While on the bench from 1987 to 1995, Judge Napolitano tried more than 150 jury trials and sat in all parts of the Superior Court—criminal, civil, equity and family. Judge Napolitano has written three books: Constitutional Chaos: What Happens When the Government Breaks Its Own Laws; a New York Times bestseller, The Constitution in Exile: How the Federal Government Has Seized Power by Rewriting the Supreme Law of the Land; and A Nation of Sheep.
Video compilation of whiny Democratic senators back in 2005 compaining about the use of the ‘Nuclear Option’, absolute power on both sides, and other legislative "options" which they now have the opportunity to invoke themselves. Biden: "I pray God when the Democrats take back control we don't make the kind of naked power grab you are doing.....it's an exapmple of the arrogance of power!" For once, I agree with Joe (stand up Chuck!) Biden. I think you've missed a few prayers, Joe!
In a continuation of yesterday's story, Olbermann responds to the Dallas Tea Party invitation: "So, once again, this time directed to the Dallas group, where are the people of color?"
At a press conference in the U.S. Capitol, Senate Republicans point out that Democrats' words contradict their actions on health care: Democrats may talk about bipartisanship, but they continue to push a partisan health care bill that the American people have already rejected.
Increase Medicare tax on high-income households: Currently, the Medicare payroll tax is 2.9% on all wages -- with the worker and his employer each paying 1.45%. Require insurance coverage: The president would impose a financial penalty on most Americans who don't buy health insurance. Require employers to pay if they don't provide coverage: The president's proposal would also impose requirements on employers with more than 50 employees to pay into the system if they do not provide their workers with coverage, or if they provide a plan but it proves unaffordable for some workers. Impose new fees on the health industry: The president's proposal would impose new fees on health care companies such as drugmakers, medical device makers and insurers. The fees would be in exchange for the new business that will come their way as a result of the expected influx of Americans who will obtain health coverage and use more medical services. Trim various health-related tax breaks: The president's proposal would impose an additional 10% penalty for non-health withdrawals from tax-advantaged health savings accounts.
Former Democratic Rep. James Traficant, who in September was released from a federal prison after serving seven years on a bribery and racketeering conviction, told CNN Tuesday he will launch an independent bid to return to Congress. "I will be running for congress…as an independent," Traficant told CNN's Kyra Philips. "I have been a Democrat all my life, and quite frankly I am disgusted with both parties. I hate to say this. My father is rolling over in his grave, a truck driver." In the House, Traficant was known for his flamboyant and eccentric style. He was a constant thorn in the side of the Democratic caucus. Let's see if the Dems welcome him back with open arms!
In 2002, Traficant was indicted on federal corruption charges for taking campaign funds for personal use. Again, he opted to represent himself, insisting that the trial was part of a vendetta against him dating to his 1983 trial. On April 15, he was convicted of 10 felony counts including bribery, racketeering, and tax evasion.
Traficant served his first 17 months in prison at FCI Allenwood and shortly after, he was shackled and put in solitary confinement for causing a riot after telling a guard, "People can't hear you. Speak up."[20] For nine months, beginning in March 2004, he served with 20 inmates in one locked room at the Federal Correctional Institution Raybrook with a public commode, and with four in a room at Federal Medical Center, Rochester for three years. He was admonished by prison officials in Raybrook he was only a "few points away" from a penitentiary. In the seven years of incarceration, he refused any visitors because he didn't want anyone to see him. He wore his hair in a pony tail without his trademark hairpiece. Traficant took up artwork while in prison; according to his wife, he did not have access to a computer there [21]. "I understood the dynamics of prison life." Regarding the overcrowded prison system he said, "And now what you have is, they want to keep the prisons open, keep the jobs going. They're putting 20, 30 years on some of these young people, and it's out of hand." He was released on September 2, 2009, at age 68, and is subject to three years of probation.[22]
While in prison, Traficant received support from David Duke, who urged visitors to his personal website to donate to Traficant's canteen fund. Duke also posted a letter written by Traficant stating that he was targeted by the U.S. Department of Justice for, among other things, defending John Demjanjuk. Traficant also claimed, in the letter, that he knew facts about "Waco, Ruby Ridge, Pan Am Flight 103, Jimmy Hoffa and the assassination of President John F. Kennedy", which he may divulge in the future. Author Michael Collins Piper, who initially helped circulate Traficant's letter, said that "There's stuff I've written about Traficant that's showing up in places I don't even know. It's like (six) degrees of separation with the Internet now," and denied that Traficant had any direct connections to Duke.[21] Source: http://en.wikipedia.org/wiki/James_Traficant#Prison
A new documentary film, "An Inconvenient Tax" is soon to be released on Democrat's most anticipated and beloved day of the year, April 15th! This film reveals how Congress uses our impossibly complex tax code to achieve political goals that have nothing to do with raising revenue. Featuring economic experts, commentators, and political voices such as Steve Forbes, Mike Huckabee, Noam Chomsky, David M. Walker, and others, the film traces the evolution of the income tax through wars, economic booms and busts, and presidencies. To inspire debate and encourage change, the film also presents several credible options for reform. http://aninconvenienttax.com/aitblog/
Here's another bonus clip from the same organization called "Got tax cuts?"
Congressman McCotter appears on Hardball with you know who, and does a fantastic job refuting Matthews. Four minutes into the clip Matthews asks: "Do you have your heart set on covering the uninsured?" He answers: "Republicans believe that allowing the market to increase supply + consumer driven patient centered wellness to reduce the cost will untimately bring down costs and make healthcare accessible to more people, more inexpensively." Matthews ingores this statement and then proceeds to blame Bush/8. McCotter responds: "Democratic senators blocked tort reform and association health plans". McCotter finishes with a great line: "I love you leftist view where everthing is free and we don't have to raise the cost....Americans don't want this......your arguement is with the American people, not Republicans!" > McCotter Floor Speech Opposing Speaker Pelosi's Government Takeover of Health Care back in Nov. 09:
This video from NBC 5 in Dallas was broadcast two nights ago:
....and in other parts of the world: Russian capital Moscow covered by record 63cm snowfall!
Thousands of snow-clearing machines have been working to dig the Russian capital Moscow out of a record-breaking fall of 63cm (nearly 25 inches). After a weekend of heavy snow showers, the regional weather centre announced that the previous record of 62cm, set in 1966, had been broken.
Climategate Meets the Law: Senator Inhofe To Ask for DOJ Investigation!
Senator James Inhofe (R-OK) today asked the Obama administration to investigate what he called “the greatest scientific scandal of our generation” — the actions of climate scientists revealed by the Climategate Files, and the subsequent admissions by the editors of the Intergovernmental Panel on Climate Change (IPCC) Fourth Assessment Report (AR4). Senator Inhofe also called for former Vice President Al Gore to be called back to the Senate to testify. “In [Gore's] science fiction movie, every assertion has been rebutted,” Inhofe said. He believes Vice President Gore should defend himself and his movie before Congress.
Peter Schiff is running for a U.S Senate seat in Connecticut and wants to get our country’s fiscal house in order. According to his website, here is a brief bullet list of how he intends to begin:
-No More Bailouts: Peter Schiff Was a Vocal Critic of the $ 700 Billion Bailout Package (TARP) & Will Always Oppose Government Handouts -Impose a Hard Cap on the National Debt to Control Government Spending -End All Pork Barrel Spending & Congressional Earmarks -Oppose Obama’s “Stimulus Package” that Puts America Deeper in Debt www.schiffforsenate.com
In this video shot in West Hartford, Ct., Schiff says "At this point I think the stakes are too high. I find it hard to remain a spectator and just watch this trainwreck happen.....The government is growing like a cancer at this point and it's sucking the life blood out of the economy! Who provides the lifeblood of the American economy? The private sector! Peter reminds us that "The average federal worker now earns 60% more than the private sector worker." This is not sustainable if the private sector continues to shrink causing tax revenues to dry up.
Senate Majority Leader Harry Reid (D-Nev.) suggested Monday that domestic violence by men has increased due to U.S. joblessness. Reid, speaking in the midst of a Senate debate over whether to pass a $15 billion package meant to spur job creation, appeared to argue that joblessness would lead to more domestic violence. "I met with some people while I was home dealing with domestic abuse. It has gotten out of hand," Reid said on the Senate floor. "Why? Men don't have jobs."
Obama: Everything is Bush’s fault. That’s what I’ll say. If anything starts going wrong and people start pointing my way. Everything is Bush’s fault. Everyday. If it gets too cold or hot or traffic’s bad on the freeway.
Obama: There’s none so blind as he who will not see. Mhm. But I’ve still got to clean up the mess that George Bush left for me. Trust in me to put it all back together. Everything that he destroyed. Just take a little time and look on the bright side. 83% of you are still employed.
Obama & EIB Kids: Everything is Bush’s fault. That’s what I’ll say. If anything starts going wrong and people start pointing my way.
In response to Keith Olbermann's question: "How many blacks so we see at these TEA parties?" DallasTeaParty.org answers the question via a few of its minority members. The highly intellectual (cough, cough) Olbermann receives a personal invitation from organizers. Will he show?
The Dallas Tea Party 2010 Anniversary Featuring: PJTV's STEVEN CROWDER and ALFONZO 'ZO' RACHEL Dallas Tea Party's KATRINA PIERSON and MUCH, MUCH MORE! Saturday, February 27, 2010 Noon - 2PM Dallas City Hall http://DallasTeaParty.org
Just when you thought it was safe to put away your snow shovel! The winters showing no signs of letting up in the Russian capital, where relentless snowfall has broken a record that's stood for almost 50 years. And as the white stuff continues to come down, Moscow's working to prevent the winter fairytale from turning into a nightmare.
House Republican Leader John Boehner (R-OH) issued the following statement in response to the partisan health care proposal posted online by the White House for discussion at the upcoming bipartisan health care summit:
“The President has crippled the credibility of this week’s summit by proposing the same massive government takeover of health care based on a partisan bill the American people have already rejected. This new Democrats-only backroom deal doubles down on the same failed approach that will drive up premiums, destroy jobs, raise taxes, and slash Medicare benefits.
“This week’s summit clearly has all the makings of a Democratic infomercial for continuing on a partisan course that relies on more backroom deals and parliamentary tricks to circumvent the will of the American people and jam through a massive government takeover of health care.
“The best way to protect families and small businesses in this time of economic uncertainty is to start over with a step-by-step approach to health care reform focused on lowering costs, and that’s exactly what Republicans are fighting for. The non-partisan Congressional Budget Office has confirmed that the Republican bill reduces premiums for families and small businesses by up to 10 percent. The Republican bill reduces premiums by implementing common-sense reforms such as allowing Americans to purchase insurance across state lines. Despite their rhetoric to the contrary, none of the Democrats’ proposals – including the President’s – provides this much-needed reform in a manner that can actually be effective.
"Republicans are also standing with the American people by calling for health care reform to protect human life and not use taxpayer money to fund abortion. The Republican bill would codify the Hyde Amendment and prohibit all authorized and appropriated federal funds from being used to pay for abortion, which the President’s proposal would allow. Pro-life Democrats in the House have already pledged to vote against this provision. Health care reform should be an opportunity to protect human life – not end it – and the American people agree.” http://republicanleader.house.gov/News/DocumentSingle.aspx?DocumentID=171326
FBN: A White House official, speaking on condition of anonymity because details have not yet been officially released, said the insurance rate proposal would give the federal Health and Human Services Department -- in conjunction with state authorities -- the power to deny substantial premium increases, limit them, or demand rebates for consumers. The president also will propose eliminating the so-called Nebraska deal and other special arrangements made to secure previous health care reform agreements -- including an additional It's being called "a jumping off point for Thursday's biparisan discussion on health care reform".
The Office of House Republican Whip Eric Cantor (R-VA) issued a video news release several days ago that contrasts the Democrats' $862 billion failed stimulus with the reality faced by millions of Americans.
In his own words: Republican whip Eric Cantor discusses the stimulus and health care on Fox News' On The Record.
This Nevada resident located several "Elect anyone butt Harry Reid" signs, posters and billboards around town and composed a little music video to express his disdain for the outspoken Democratic majority leader.
More than half of Nevadans are unhappy with Sen. Harry Reid, according to a new poll commissioned by the Las Vegas Review-Journal. "I am absolutely running for re-election," said Reid, 70, in a statement. "These are difficult times for Nevada and as the majority leader of the Senate I have been able to take action to address those challenges. But I know there is more work to do to turn our state's economy around and create jobs and I am committed to seeing it through." Are you lauging yet? According to the survey: • 52 percent had an unfavorable opinion of Reid, 33 percent had a favorable view and another 15 percent said they're neutral. Americans are licking their chops at the idea of Reid taking a fall. http://www.lvrj.com/news/reid-hits-new-low-in-poll-81060702.html
Obama admits to having a partnership "13 years ago when I was still practicing law I represented ACORN." Saul Alinsky taught him well (ends justify the means), marxist/communist mentors and friends, black liberation theology, unitarian moral relativistic church influence, = pathological liar.
Video Comparison: Obama on Iran versus Reagan On Poland: What a contrast. Sean Hannity compares and contrasts Barack Obama's weak stand on Iran to Ronald Reagan's support of Polish freedom fighters back in 1981.
Ed Morrissey of hotair.com is introduced by Rush Limbaugh at CPAC to the tune of "You're simply the best" by the lovely & gracious Tina Turner! Ed is follically challenged by choice but wears it well!
In an interview with Jeb Bush, he says the president 'does himself a disservice' by faulting his predecessor with America's problems! Is it the teleprompter's fault?
