The Obama Economic Bubble – Up, Up, And Away

As Americans prepare to file their income tax returns tomorrow and attend protest Boston-style “Tea” parties, Barack Obama is blowing balloons up with hot air.

Obama sees glimmers of hope” but they are not our “glimmers of hope“.

Obama is full of enough hot air to fill up economic bubbles and some pretty big balloons.

* * * * *

We’ve quoted Kevin Phillips repeatedly on topics as varied as authoritarianism and racism, the GOP “Southern Strategy”, and the American and world economy. Many of Phillips’ views recently echoed in Simon Johnson’s The Quiet Coup.

Recently the Kevin Phillips book Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism (which we wrote about HERE) was released in a paperback version and Phillips provided his latest views on the American economy and Dimocrats in various interviews.

Phillips weighs in on Dimocrats and Obama:

An author who saw the global financial crisis coming fears the next bubble will come in the form of inflation and has little confidence U.S. President Barack Obama’s team is up to the challenge ahead.

The Democrats have replaced the Republicans as the big benefactors to the financial community,” said Kevin Phillips, author of “Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism.”

“The financial community is donating more to Democrats than ever before and you’ve got more Democrats in the financial community, creating a very powerful pattern there. I don’t think you’re going to see the Obama administration and Congress willing to be tough enough in dealing with these things,” he told Reuters.

For a long time Phillips has been a voice rarely heard in Big Media publications and appreciated by Republicans and Dimocats even less for every appearance he does make:

Phillips, a former strategist in the Nixon White House who has turned highly critical of the Republicans and voted for Obama in 2008, published “Bad Money,” his 13th book, a year ago.

The paperback edition came out March 31 with a revised preface and afterward, interpreting the events of the past year, but the prescient body of “Bad Money” remains unchanged.

A year ago, he warned of a the pending explosion of a 25-year “multibubble” that started in the 1980s, when the financial sector accounted for 10 percent to 12 percent of the U.S. economy had started metastasizing into an “arguably crippling” 20 percent to 21 percent by the middle of this decade.

Overleveraging and easy credit was bound to create disaster, he warned.

Phillips does not think liquor should be provided freely to drunk alcoholics and thinks the world of finance has essentially been on the economic equivalent of a severe drunk.

Phillips assigns much of the blame to former U.S. Treasury Secretary Henry Paulson, but perhaps even more on Federal Reserve Chairman Ben Bernanke, who he calls a “disaster,” and his predecessor, Alan Greenspan.

Phillips calls Paulson a Wall Street insider who was looking out for his own, and Bernanke an academic misguidedly trying to refight the 1930s Great Depression. Together they formed the wrong team at the wrong time whose ad hoc approach threw away hundreds of billions of dollars and more than doubled the Fed’s balance sheet, he says.

“What you’re seeing Bernanke do is he’s trying to create a bailout reflationary bubble, which he can’t describe as a bubble, just as Greenspan couldn’t describe the housing mortgage bubble as a bubble. What we’re seeing by Bernanke is a covert attempt to rebubble,” Phillips told Reuters.

A reinflation of the disasterous mortgage bubble is the aim. Hot air and bogus claims provided by Obama along with an indefatigible printing press spewing paper dollars is the method.

Moreover, a commodities cycle probably started early in this decade and is only being masked now by recession, Phillips says, presaging a repeat 1970s style inflation, he said.

“The danger is that the great unwind — the unraveling of the mammoth buildup of debt — is under way. If that predominates, Bernanke’s theory is you’re going to have deflation,” Phillips said.

“My theory is that if we are in a commodities cycle, what you will get will be more like 1973-74-75 … where as soon as the recovery begins you get rising inflation because you’re going to play havoc with all money supply and liquidity that’s been unleashed ” he added.

Who will be hurt? Who is getting hurt now?

Meanwhile, the taxpayer and small investor have little defense.

“The average person is going to be on the periphery of concern and I think that’s rotten,” Phillips said”.

* * * * *

The Hopium addled reject anyone who does not worship Obama and are sure, along with Dimocrats, not to think but rather to sniff and shrug their shoulders at criticism by someone who only voted for Obama, not worshipped at the Chicago throne.

Someone who did worship at the Chicago throne is the backstabbing Robert Reich. But Reich does not see the Obama glimmers of hope.

Why We’re Not at the Beginning of the End, and Probably Not Even At the End of the Beginning.

But we’re not at the beginning of the end. I’m not even sure we’re at the end of the beginning. All of these pieces of upbeat news are connected by one fact: the flood of money the Fed has been releasing into the economy. Of course mortage rates are declining, mortgage orginations are surging, and people and companies are borrowing more. So much money is sloshing around the economy that its price is bound to drop. And cheap money is bound to induce some borrowing. The real question is whether this means an economic turnaround. The answer is it doesn’t.

The first sentence here tells the story:

Cheap money, you may remember, got us into this mess. Six years ago, the Fed (Alan Greenspan et al) lowered interest rates to 1 percent. Adjusted for inflation, this made money essentially free to large lenders. The large lenders did exactly what they could be expected to do with free money — get as much of it as possible and then lent it out to anyone who could stand up straight (and many who couldn’t). With no regulators looking over their shoulders, they got away with the financial equivalent of murder.

Murder. ” The financial equivalent of murder.”

Backstabbing Reich, who irresponsibly backed the Hopium pushers from Chicago only now informs Americans that Hopium Is Murder:

I admire cockeyed optimism, and I understand why Wall Street and its spokespeople want to see a return of the bull market. Hell, everyone with a stock portfolio wants to see it grow again. But wishing for something is different from getting it. And cockeyed optimism can wreak enormous damage on an economy. Haven’t we already learned this?

We learned this lesson a long time ago Robert Reich. It was you and the Obama enablers, cynical Hopium pushers from Chicago, and Hopium addicts, who heard celestial choirs and nodded off with the Hopium syringes stuck in your arms while mumbling “hope”, “change”.

Now the American economy is drifting away. Up, up, and away.


83 thoughts on “The Obama Economic Bubble – Up, Up, And Away

  1. this is disgusting…

    Federal agency warns of radicals on right

    The Department of Homeland Security is warning law enforcement officials about a rise in “rightwing extremist activity,” saying the economic recession, the election of America’s first black president and the return of a few disgruntled war veterans could swell the ranks of white-power militias.

    Notice the not so subtle race card played here as well . . .

    My god, this is outrageous. A few disgruntled war vets???? OMG. They really like to incite people, don’t they. Reminds me of the town halls that McCain had and you know Obama planted people in the audience that would make it seem like McCain was a racists.

    Please, wake us out of this nightmare. When will people wake up???
    alexis, speaking of the 10th Amendment….

    Video: Rick Perry asserts Texas’s Tenth Amendment rights

    Not sure what happened, posted on previous but it disappeared.

  2. alexis, speaking of the 10th Amendment….

    Video: Rick Perry asserts Texas’s Tenth Amendment rights

  3. Hillary is only 69 in 2016, plenty of time for her.

    Biden would be 75 in 2016, so no chance.

    Other than Hillary, Mark Warner would be 62 in 2016 and Andrew Cuomo would be 59 and i can really only see those 3 so far for the Dems in 2016.

    For the Republicans, Palin will only be 52 in 2016 and i think the biggest republican contender really. She will be made ready by then, unless she runs in 2012 which is possible and Gov Mark Sandford.

  4. Moon–look at this country. Not as you and I want it to be but as it is. This country will not elect an old woman. Other countries might. But not this one. There is more than 4 years difference between 65 and 69. I am not talking about you and I am not talking about me. I am talking about the great unwashed who vote with their glands. I doubt they will elect an old man either–but that is beside the point. I did not want to say this but I need to be clear. Alot of people I talk to say 2008 was her chance. I tell them 2012. But I say nothing about 2016 because I dont believe it. This is a difficult thing for me to say because I believe she is the best hope for the country. But since when has that had anything to do with who they elect?

  5. gonzotx Says: Repost

    April 14th, 2009 at 5:57 pm
    I had a conversation yesterday about John Mccain and how i thought he underminded Sarah and guess what? The proof’s in the pudding. Grrrrrrrrr!!!

    John McCain Disses Sarah Palin on ‘The Tonight Show’
    By David Knowles
    Apr 14th 2009 8:23AM
    Filed Under:eRepublicans, John McCain, Featured

    This is a strange one. John McCain goes on Jay Leno’s program last night, and, without any real prompting, takes a shot at his former running mate. Watch:

    Really, what gives? Would it have hurt McCain to have included Sarah Palin’s name in the list of non-Rush-Limbaugh-GOP talent? The category was Republican governors, too. So there can be no mistaking who he chose to omit. “I’ve left out someone’s name, and I’m going to hear about it…” Gee, ya think?

    The whole “I don’t want the president to fail” thing would have been the headline were it not for the incredibly odd diss on the woman he once touted as knowing “more about energy than probably anyone else in the United States of America.” I guess the Arizona Senator has changed his mind.

  6. I doubt they will elect an old man either–but that is beside the point.

    Grey haired dyed black Reagan? How old was he?

  7. I think you are right wobboei, Hillary’s chance was 2008. Almost nothing worse than to be a middle aged woman, except perhaps an old one.

  8. Gonzotx: I know so many wise people over 70 who have lived full lives, and have the knowledge, experience and desire to help young people learn, avoid their mistakes and be successful. What so many of them tell me is the young people do not listen to me. That is the problem.

  9. Grey haired dyed black Reagan? How old was he?
    Here is something I wrote on this subject on 10/18:

    The most likely consequence of his failure is he will crater at some point in his first term and will not run for a second term. What happens at that point is a matter of further conjecture. It may well be that the democratic party label will be so tarnished that no candidate from that party will have a prayer in 2012. Or the country may realize that it cannot trust big media. In that case Hillary may get one more shot at the brass ring.

    Hillary is the archtype of the wise woman or high priestess. She is an agent of the rising feminine which has been moving to full partnership with men for 500 years. The loathing directed at Hillary was a reaction to the rising feminine. It is the dying gasp of the patriarchal system, according to Jean Houston and others. Trends are predictable but timelines alas are not.

  10. Well i disagree, times change, how many of us actually thought they would elect a black to the WH this year. She can still do it, her star is still in the ascendency.

    Never ever think Hillary is down and out we all saw her come back from the dead so many times in 2008 and she’ll do it again.

  11. Frankly i’d like to see this world turned over for a change and run by women in dominance, by christ they couldnt do any worse than what men have fucked up for hundreds of years

  12. White-power militias? Do they also have a new category for all those bots (color-blinded of course) who bullied and violently pushed their beliefs at all of the rest of us who didn’t drink the koolaid? Surely they would be considered evil as well?

  13. Well i disagree, times change, how many of us actually thought they would elect a black to the WH this year. She can still do it, her star is still in the ascendency.

    Never ever think Hillary is down and out we all saw her come back from the dead so many times in 2008 and she’ll do it again.
    I hope you are right and I am wrong.

  14. I personally think that Hillary is in her element as SOS. I can’t read her mind obviously, but given how she was treated by her own party the last go-around, I wonder if she is even willing to consider running for potus again.

    She would make an amazing potus. I just don’t think it is in the cards for her.

  15. White-power militias? Do they also have a new category for all those bots (color-blinded of course) who bullied and violently pushed their beliefs at all of the rest of us who didn’t drink the koolaid? Surely they would be considered evil as well?
    very true.

  16. Twenty years ago wasn’t 40 considered middle age.
    1985 or 86 Private Dancer by Tina Turner hit the airwaves and the media was astonished that a woman her age was rocking. Madonna is 50 and even if you do not care for her music you’d be hard pressed to call her old. Expected life has expanded and with it the expectency of what a life will give and can give. Arenot most of the supreme judges on the far side of 50?

  17. I personally think that Hillary is in her element as SOS. I can’t read her mind obviously, but given how she was treated by her own party the last go-around, I wonder if she is even willing to consider running for potus again.

    She would make an amazing potus. I just don’t think it is in the cards for her.
    I agree. But it can become problematic for her if he imposes his looney ideas on foreign policy. At g-20 we saw strong evidence of that. When allies or our adversaries push back against those ideas she will be in the middle of it. I worry about that possibility. It is hard to defend a position which you know is unrealistic. It is harder still to work for a sociopath.

  18. wwoebi,

    If that does happen, then I hope she washes her hands of the dems and goes on to greater and bigger things.

    I would love for her or Bill to write an expose at some point.

  19. Just reflecting upon the Tuner phenom. She was profound and came back with gusto. But in twenty years isn’t it amazing how perceptions have changed. Sheryl Crow is close to if not the same age as Turner madonna is older Cher had the biggest hit of her prolific decades long career withBelieve when she was nipping at 60. And I would be a disgrace if I did not give props to the best of the best Marianne Faithful,

  20. It’s all true of the woman you talk of, but they are sexy, well built, athletic. God forgive us with chubby thigh’s. Think about the video you just saw @ the European idol, what kind of reception did she have and she was, hmmmm 47?

    Hillary wasn’t cool enough, how many horrific insults did she endure, and then her child?

    I don’t think we have come a long way baby yet…

  21. Eat you hearts out
    listenning to Private Dancer on what has only been used as a dry bar for twenty years– but hot damn the thing still works. big speakers at each end a faux wood finish and a turn table and cassette and 8 track player. Wow I bought this vinyl a lifetime ago. Funniest thing is there is still a rubber banded penny on the arm? Oh my god these are only my albums and I just found the soundtrack to the Main Event. Somebody should have seen I needed help then!!!!!!!

  22. gonzotox
    gotta say people better start listenning or women and those born of them better assert the power they have. IO think hollywood got a huge wakeup call this year. It is a business and they are in it to make money. So lets take a quick look at the films last year– Hmmm twilight under 40 million to make international gross nearing 400 sex and the city marley and me he’s just not into you and on and on. Mama mia close to a half of a billion dollars world wide.

  23. wwoebi,

    If that does happen, then I hope she washes her hands of the dems and goes on to greater and bigger things.

    I would love for her or Bill to write an expose at some point.
    jan–at that point she would have to choose between party and country. I am confident she would make the right choice. Nobody can penetrate that inner circle thugocracy of his. Not even Biden.

  24. alcina
    I am listenning to it with relish. Hurry hurry don’t be late I got a date so we cancelebrate we are in love

  25. i am taking a couple hours personal time from work to attend the tea party in manchester, NH. i have to admit, i’m a bit nervous. anyone else attending tomorrow?
    even funnier, my parents aged 86 and 83, will be attending a tea party in NV with my baby brother and sister. that ought to be a sight!

  26. wbboei Says:

    April 14th, 2009 at 8:06 pm

    Jan-you and I both know where the test will come: the middle east.


    And I don’t mind saying that I have never been so terrified for the future survival of Israel as I am now…thanks to the toad of a potus we were punished with.

  27. Gonzo,

    I agree with you. I’m in my 50’s and I see the discrimination every day for those in my age group and older.

  28. alcina
    going to “dim all the lights” and place a funky little yellow thing into a bunch of records— i thibk I just found over a thousand 45’s in plastic cases one on top of the other. I am about to enter nirvana as the collection also includes the k-tel series. well I am being an idiot again but at least this time when I tell me self to shut the fuck up it’ll be with something as sad as Bette Davis on vinyl

  29. This country will not elect an old woman.
    That is what my GF says…I try to make a counter argument but I think that both you and she are right.

  30. I made a poor attempt earlier about the success of films. My point was perhaps not comprehended, Let us say that hollywood or thier cousins cteaste the news.News flash thursday night is the only night advertisers really care about. Okay sunday too but unless you hit the jugular no one will listen. Basic fact is women control the economy. Take charge!!!!!!!!!!!!!!


    Today we mourn the passing of a beloved old friend, Common Sense, who
    has been with us for many years. No one knows for sure how old he was,
    since his birth records were long ago lost in bureaucratic red tape. He
    will be remembered as having cultivated such valuable lessons as:
    Knowing when to come in out of the rain; Why the early bird gets the
    worm; Life isn’t always fair; and maybe it was my fault.

    Common Sense lived by simple, sound financial policies (don’t spend
    more than you can earn) and reliable strategies (adults, not children,
    are in charge).

    His health began to deteriorate rapidly when well-intentioned but
    overbearing regulations were set in place. Reports of a 6-year-old boy
    charged with sexual harassment for kissing a classmate; teens suspended
    from school for using mouthwash after lunch; and a teacher fired for
    reprimanding an unruly student, only worsened his condition.

    Common Sense lost ground when parents attacked teachers for doing the
    job that they themselves had failed to do in disciplining their unruly

    It declined even further when schools were required to get parental
    consent to administer sun lotion or an Aspirin to a student; but could
    not inform parents when a student became pregnant and wanted to have an

    Common Sense lost the will to live as the churches became businesses;
    and criminals received better treatment than their victims.

    Common Sense took a beating when you couldn’t defend yourself from a
    burglar in your own home and the burglar could sue you for assault.

    Common Sense finally gave up the will to live, after a woman failed to
    realize that a steaming cup of coffee was hot. She spilled a little in
    her lap, and was promptly awarded a huge settlement.

    Common Sense was preceded in death, by his parents, Truth and Trust, by
    his wife, Discretion, by his daughter, Responsibility, and by his son, Reason.

    He is survived by his 4 stepbrothers;
    I Know My Rights
    I Want It Now
    Someone Else Is To Blame
    I’m A Victim

    Not many attended his funeral because so few realized he was gone.
    If you still remember him, pass this on. If not, join the majority and do

  32. Tent-City Residents Issued Moving Papers

    They were given 2 days notice!!! SHAMEFUL!!!


    14 April 2009

    Lieutenant Colonel Allen B West (US Army, Retired)

    Greetings fellow South Florida riders, South Floridians, and Americans, here we are for another monthly installment of our Wheels on the Road political assessment. Just have to tell you, I am freaking mad as hell and implore you all to not take this anymore. If this means I shall be castigated as a “right wing extremist” so be it.

    Today I received an email containing a story on the US Department of Homeland Security unclassified report, dated 7 April, titled, “Right-wing extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment”.

    Now most of the mainstream media is reporting about a stupid new dog in the White House, Portuguese water dog, who cares.

    I have just finished reading Secretary Napolitano’s office declaring that, “the return of military veterans facing significant challenges reintegrating into their communities could lead to the potential emergence of terrorist groups or lone wolf extremists capable of carrying out violent attacks”.

    As well, this report cites, “returning veterans possess combat skills and experience that are attractive to right-wing extremists, who will attempt to recruit and radicalize veterans in order to boost their violent capacities”.

    Align these statements with Barack Hussein Obama’s intentions to have wounded war veterans use private health insurance and you see the contempt this administration holds for those who protect and defend this Republic. We have an administration which declares we cannot call radical Islamic terrorists “enemy combatants”. We can no longer speak of a war on terror, only overseas contingency operations. However, this administration issues a report demonizing our heroic vets as potential terrorists and extremists!

    Perhaps those Navy SEAL snipers should be made aware that they are considered potential terrorists because of the skills they exhibited to save an American citizen. Oh by the way, a citizen held hostage by Muslim pirates, can you say Barbary? Jefferson sent the US Marines, what shall dear fearful leader Obama do?

    Back to the report which contains countless references singling out returning war veterans as particular threats.

    Not only that, this report admonishes law enforcement to watch out for individuals with “radical” ideologies based on Christian views such as opposing illegal immigration, abortion, and federal taxes. Indeed, this report decries anyone who is concerned about illegal immigration, increasing federal power, restrictions on firearms, abortion, and the loss of US sovereignty. In other words this means anyone holding conservative principles in opposition to left wing liberal socialist policies is a threat.

    I am happy to be in that category. I am an American and shall not cower from this insidious accusation, shall you?

    “The high volume of volume of purchases and stockpiling of weapons and ammunition by right-wing extremists in anticipation of restrictions and bans in some parts of the country continue to be a primary concern to law enforcement”, this means you, law abiding citizens of America. In the 1930s Adolf Hitler outlawed private gun ownership, and the rest is history.

    Shall we live under this type of overt tyranny and become nothing more than economic slaves and subjects? I am angry about the attacks on Americans who work hard and succeed, why not empower us, not create a dependent entitlement class?

    This report uses race baiting by suggesting that the election of an African-American president “is proving to be a driving force for right-wing extremist recruitment and radicalization”. No, his asinine socialist economic policies, apologetic and appeasing words about our America, and his cowering to the Islamic world are the cause for our concern.

    The fact that in less than 80 days we have seen countless “Czars” being created, $500 billion in government spending, North Korea missile launch, pirate attacks against US shipping, and amateurish actions of our president ranging from inept cabinet selections to abject incompetence (his inability to speak more than 3 minutes without a teleprompter) are the reasons for our angst.

    I am also angry at my fellow members of the Republican Party, supposed leadership, who have not exhibited the courage and conviction to stand against this administration. It is appalling to me that the most prevalent voices are those of talk radio hosts. Who are the leaders in the Republican Party?

    To them I simply say, “Lead, follow, or get the hell out of the way”. If I must stand alone, so be it, but these crazed liberals shall not suppress our Freedom and Liberty.

    Tomorrow is tax day, and there are many “Tea Parties” planned across America. I implore all of you to stand up tomorrow and send a clear message.

    Our own government has declared us the enemy; never in my life did I believe this could happen in my Country. How did we get to this point?

    There is no doubt that we are now fighting against a fascist regime that seeks to silence our voice. What shall the history books say of us? What shall we leave to our children and grandchildren as a legacy of this Republic? Now is the time to fight back and I encourage all of you to do so, do not be afraid, our forefathers were not.

    America is heading towards a tumultuous 2009 and there shall indeed be a Constitutional crisis. I do not care about any “historic moment”. So far this Obama administration has insulted us overseas, called us a “nation of cowards” here at home, and now has declared open war against those who stand in opposition.

    We have true enemies who seek to destroy our Country; drug cartels, illegal immigrants, radical Islamic ideologues, Muslim terrorists at sea, and rogue Nations such as North Korea. It seems we can now add our own federal government to that list.

    America, it stops here, join me and do not run away intimidated by Obama, Holder, Napolitano, Reid, Pelosi, Frank, Soros,, and ACORN.

    Steadfast and Loyal,

    LTC(R) A B West


    14 April 2009

    Lieutenant Colonel Allen B West (US Army, Retired)
    Dija: great posting!!! Neopolitano is a damned idiot. Most of the people in Arizona will tell you that. She is nothing more than a political hack. She and Barack are the same kind of people who dissed veterans in Viet Nam. Barack’s close friend and avid supporter Nail Bomb Bill Ayers went a bit further of course. They do not think of the welfare of the country. They think only of political advantage. Hey Obama: Now hear this: The Countrys Not For Looting.

    As for their contempt for the military who put their lives at risk for the country let me suggest this. Let them kill their own snakes. The next time the country goes to war let the people who deserve to put their lives at risk take the point position. Let Maddow, Brown, Mitchell, Neopolitano, Kornblut, Fouhey, Fonda, Clift, Matthews, Olberman, Rich, Robinson. Gerghen, Schultz, Mahr, Stewart, Colbert form The Whiners Brigade and charge the enemy in with the first wave of the attack. We will be behind them all the way—-pushing. And if worst came to worst we could all agree they were expendable.

  35. There is a forgotten chapter of American history which comes to mind when I read stuff like that from tone deaf Neopolitano.

    During the Revolutionary War Congress made extravagant promises to the officers and men of the Continental Army as an inducement for them to fight against the Cornwallis and his minions.

    They promised them cash stipends and land in the western region of Virginia. However, at the end of the War Congress decided to renege. Their contempt for the military then was same as now.

    Not surprisingly, this did not sit well with the troops. The officers held a secret meeting in Newburg New York to decide what to do about it. They elected to go west to the Ohio Valley, and leave the eastern seaboard populations to defend themselves against the predations of the Indians, French and British. Washington talked them out of it.

    Who will talk miliary people out of it this time. If this is the way Barack treats them then what is the inducement to serve?

  36. wbboei

    I thought you would appreciate that letter as much as i appreciate your own analysis’s you post here for the rest of us.

  37. Dija: if you have been through a hostile takeover of a company this is how it feels. The colonel makes an interesting point. The powers that be have made such a point of Obamas race that there has to be more to it than meets the eye. I do not think they really care about the historical significance but they know they can bamboozle many people with that kind of symbolism. Maybe the real game is to use his race as an affirmative defense against criticism of his policies–which are really their policies, which are not in the interests of the American People. In other words, the reason we disagree with policy X is not because policy X is wrong on the merits, violates liberty, or the dicates of common sense. The reason we oppose the policy is Obamas policy and we are anti black. That is how this line argument is coming across to me. It provides them with the moral authority to attack opponents as morally bad people. Prior to this the radical left was would say the reason we oppose their enlightened policy is because you are malicious of ignorant, they can now claim we are racists as well. That is why I say false claims of racism are the last bastion of scoundrels.

  38. A scenario under which Hillary could yet be president: if the economy hasn’t recovered well by 2012 and Obama’s reelection prospects seem iffy, he could dump Biden and take Hillary as vp; especially if the Republicans nominate a woman. Whether or not Obama was reelected, she’d have the inside track for the nomination in 2016, would be no older than Reagan, and would have a fair chance of being elected if Obama’s administration were considered successful or the Republican administration elected in 2012 unsuccessful. Or she might receive the nomination in 2016 if a Republican victory seems likely the way Bob Dole did in 1996 or John McCain last year: as a kind of tribute to an elder statesman/statesperson. This is all conjecture admittedly, but plenty of people feel the first woman president is something that should happen next, not a few more generations down the road. Since she is the most obvious person for that role that could help her.

  39. wbboei….correct

    as for me…
    I never had a problem with obama’s skin, only what lies beneath it. I know i am so not alone when i say that I judge people by their deeds and who they associate with.


  40. Wooooo Hooooooo!!! TEA Day is finally here!!!

    I am so excited!!!!!!! I have the day off from work and i am heading to the TEA PARTY in Sioux Falls, SD!!

    ADMIN….wbboei…….Jan……Mrs Smith……S……..Henry…..Basil…….Birdgal….Moon……Gonzo…T4H…..Alcina… and all the rest of you wonderful people here

    I wish we could all be at the same TEA Party together!!!! That would be one heck of party!!!

    but i do hope you get to a party near you!!

  41. At Summit of Americas, U.S. May Face World of Blame for Economy

    By Scott Wilson
    Wednesday, April 15, 2009

    President Obama plans to take his message of partnership to Latin America and the Caribbean this week, but he will face a group of leaders far less forgiving than their European counterparts were about the United States’ central role in the global financial crisis.

    Over the past five years, the region has posted the fastest economic growth rates in the world, lifting millions of Latin Americans out of poverty. Now, those gains are threatened by a downturn that, as Inter-American Development Bank President Luis Alberto Moreno said, “is the hemisphere’s first economic crisis not made in Latin America.”

    At the fifth Summit of the Americas, hosted by Trinidad and Tobago, Obama will encounter several Latin American leaders who have long criticized the economic mix of free trade, privatization and public-debt reduction known as “the Washington consensus.” Although Obama will signal the same change in tone and approach from the Bush administration that he delivered to Europe, his audience will be different in its politics and personality.

    Among the leaders he will meet for the first time is Venezuela’s Hugo Chávez, who used the week before the summit to visit China, Iran and Cuba, in part to celebrate what he said was the end of American financial hegemony. Nicaragua’s president, Daniel Ortega, the Sandinista leader who battled the U.S.-sponsored contra insurgency through the 1980s, will be there. So will Evo Morales of Bolivia, the only president to have expelled the U.S. Drug Enforcement Administration from his country.

    continued at…


    so he is going to be as apologetic and damning of America this time around as well. If he hates the U.S.A. so much, why doesn’t he just pack his bags and move to Iran???

  42. Another Chicagoan, Laurie Mikva (Abner’s daughter) joins the Obama administration.

    By Lynn Sweeton
    April 14, 2009

    WASHINGTON—Attorney Laurie Mikva– daughter of Abner and Zoe–was nominated by President Obama on Tuesday to be a board member at the Legal Services Corporation. At present, Mikva works for the State of Illinois as a staff attorney in the Office of Legal Counsel at the Illinois Department of Employment Security.

    She has a long resume in working at legal assistance outlets and as a public defender in Champaign-Urbana, Ill. and in Maryland. Full bio at the click. Abner Mikva, a revered figure in Illinois politics, was an early Barack Obama booster and mentor. Mikva’s backing–he is the gold standard for integrity in Illinois politics–was important in Obama establishing his credentials in the early days of his political career and in his U.S. Senate run.

    Ab Mikva is the rare official who has worked in all three branches of government-congressman who represented districts based in Hyde Park and then the North Shore; federal appeals court judge; counsel in the Clinton White House.

    Office of the Press Secretary

    April 14, 2009

    President Obama Announces More Key Administration Posts

    WASHINGTON, DC – Today, President Barack Obama announced his intent to nominate the following individuals for key administration posts: Daniel B. Poneman, Deputy Secretary, Department of Energy; Fred P. Hochberg, President and Chairman of the Export-Import Bank of the United States; Francisco “Frank” J. Sánchez, Under Secretary for International Trade, Department of Commerce; Miriam E. Sapiro, Deputy Trade Representative; Judith A. McHale, Under Secretary for Public Diplomacy and Public Affairs, Department of State; Philip J. “P.J.” Crowley, Assistant Secretary of State for Public Affairs, Department of State; Bonnie D. Jenkins, Coordinator for Threat Reduction Programs (with the Rank of Ambassador), Department of State; Thomasina Rogers, Chairman, Occupational Safety and Health Review Commission; Lorelei Boylan, Administrator of the Wage and Hour Division, Department of Labor; David F. Heyman, Assistant Secretary for Policy, Department of Homeland Security; Andrew C. Weber, Assistant to the Secretary of Defense (Nuclear, Chemical and Biological Defense Programs), Department of Defense; Stephen W. Preston, General Counsel, Central Intelligence Agency; and Laurie Mikva, Board Member, Legal Services Corporation.

    continued at…

  43. DIJIA!!!!!!

    Have a grand time! 😀

    I am covering a local Tea Paerty for the daily paper this evening. I have no idea how many people will show up but I am impressed that this dinky little area is paying attention at all.

    This is Tedisco country.

  44. Thanks basil!! YOU have a great time too!!

    I will be Photo Journalistically cover Sioux falls for pajamas Tv !! 😀

  45. I am so proud of my fellow Americans that have risen to the challenge and declared this Tea Bag Day.I have a deep down view of this special event as the white answer to the Obowma race card.We must all maintain our support for Hillary and keep her name in the news 24/7.The Messiah is on the constant path of speeches and cloaked rabble rousing for his supporters.He and the DNC must be held responsible for the stealing of a presidency and handing it on a platter to a complete fraud and an incompetent mis-named leader.His now very obvious agenda is to become the world leader of its black populance.He uses all criticisms
    and exposed failures as the means of empowering his misguided followers to fight his battles with “The Check Is In The Mail” phoney bait.

    By ABM90 It must be Hillary in his face and we at her back from this day forward.

  46. Live Tax Day Tea Party video coverage at the Bcast.

    You can upload your Tea Party statement on C-SPAN’s website here:


    Government, Big Pharma Push Bill to Drug America’s Mothers

    It’s called the Melanie Blocker Stokes MOTHERS Act and if passed it will turn countless women into lifelong customers for Big Pharma. It was killed in the Senate last year but it was reintroduced in January of this year. Democrat Senator Robert Menendez from New Jersey, home to a large number of drug companies, and Democrat Richard Durbin are the main sponsors of the bill in the Senate (S. 1375).

    In a March 30, 2009 speech on the House floor, the original sponsor of the bill, Illinois Democrat Bobby Rush claimed that “60 to 80 percent of new mothers experience symptoms of postpartum depression while the more serious condition, postpartum psychosis, affects up to 20 percent of women who have recently given birth.” In response to a House vote to pass the legislation on the same day, Rush said: “H. R. 20 will finally put significant money and attention into research, screening, treatment and education for mothers suffering from this disease.”

    The bill was moved to the U.S. Senate Health, Education, Labor and Pension Committee on March 30 where it will be “marked up” in the near future. The legislation is backed by the U.S. Senate H.E.L.P. committee, chaired by Senator Edward Kennedy, and supported by president Obama.

    Evelyn Pringle, a columnist for Scoop Independent News, writes that the “true goal of the promoters of this Act is to transform women of child bearing age into life-long consumers of psychiatric treatment by screening women for a whole list of ‘mood’ and ‘anxiety’ disorders and not simply postpartum depression.” In short, the medical industry and Big Pharma want to deem pregnancy a mental illness and prescribe dangerous psychotropic drugs.

    “The Mothers Act has the net affect of reclassifying the natural process of pregnancy and birth as a mental disorder that requires the use of unproven and extremely dangerous psychotropic medications (which can also easily harm the child). The bill was obviously written by the Big Pharma lobby and its passage into law would be considered laughable except that it is actually happening,” writes Byron Richards for NewsWithViews.

    The act would mandate health care professionals indoctrinate pregnant women into mental health treatment “options” (prescribe dangerous drugs) for mild depression-like symptoms experienced during or following pregnancy.


  48. To all of you wonderful posters who are attending tea parties today:

    Bless you, stay safe, and give ’em hell!!!!!!!!!!!!!!!

  49. On May 29, 1979, Mikva was nominated by President Jimmy Carter to the United States Court of Appeals for the District of Columbia Circuit. Despite opposition from anti-gun control interests, Mikva was confirmed by a 58-31 vote of the United States Senate on September 25, 1979.[3] He subsequently resigned his congressional seat (Porter succeeded Mikva after a special election.). Mikva served on the D.C. Circuit from 1979 until his retirement in 1994.

    In 1992, while serving as Chief Judge on the D.C. Circuit, Mikva appeared in the Kevin Kline comedy Dave as “Supreme Court Justice Abner J. Mikva,” in a scene in which he administers the presidential oath of office to the Vice President (played by Ben Kingsley).
    Typical Carter appointee. Strange duck. It is not customary for sitting judges to accept roles in Hollywood movies. If the canons of Judicial ethics do not speak to that issue then they certainly should. He is supposedly a liberal reformer? Yet he is a long time supporter Obama who is a product of the Chicago Machine? How does that work? My sense he is just one more bleeding heart leftist who sees only the race factor. It could also be that he is angling for a position of the U.S. Supreme Court. One more absent minded law professor to deal with. Someone who misses the big picture and is too elitist to see the threat to the middle class. I bet you his daughter is no better. Is there no one in his administration who is in a position to speak for their interests? Evidently not.

  50. At Summit of Americas, U.S. May Face World of Blame for Economy
    The Washington Post is caught lying again. The real headline should read The Problem of Admitting Liability, and the opening sentence should read something like this: “Mr. Obama’s foolish and factually erroneous assertion at G-20 that the United States is responsible for the global economic crisis, which has since been disproven by the Cato Institute and others, is likely to haunt him and the United States when he attends the Summit of Americas next week, where buck passing dicators like Hugo Chavez whom he is anxious to break bread with are looking for a scapegoat for their own economic and governing failures which he will be only too happy to give to them as long as he can elevate his own stature in the process.”

  51. wbboei,

    Chavez is going to eat bambi for breakfast. Ridicule is the name of the game and bambi seems to thrive on it.

  52. I apologize for the reference to Grover Norquist, but some of the points he makes are valid. The devil can as you know quote scripture.
    Norquist: Tea Parties Biggest Taxpayer Protest Ever

    Tuesday, April 14, 2009 2:45 PM

    By: Ronald Kessler Article Font Size

    More than 2,000 so-called tea parties are scheduled to take place around tax day this week, representing the biggest taxpayer protests ever, Grover Norquist, president of Americans for Tax Reform, tells Newsmax.

    Income tax rates have not been raised since Bill Clinton was president, and President Obama’s tax increases take effect in two years.

    “But interestingly, the reaction is to the spending,” Norquist says. “People realize more spending will lead to tax increases. It’s a very sophisticated response from Americans. There are 2,000 of these tea party demonstrations scheduled around the country to take place around April 15. That is the biggest ever collection of taxpayer demonstrations that has ever taken place in the United States.”

    While ATR and conservative coalition activists who attend weekly meetings sponsored by ATR are in touch with organizers of the nationwide tea party rallies, “The good news is these are self-generated demonstrations,” Norquist says.

    Let Freedom Ring and the Institute for Liberty, both conservative advocacy groups, are organizing a “mobile petition” that will allow activists to send protests over their cell phones to Obama, Treasury Secretary Tim Geithner, and their own members of Congress. To sign up for the petition, tea party attendees and others will text the words “Tea Party” to 74362 on their mobile phones.

    The petition reads, “We, the undersigned American taxpayers, do not believe that the United States can tax, spend, and borrow its way back to economic prosperity. We call on you to lead the fight to make Washington tighten its belt rather than make us tighten ours.”

    What sparked the tea parties was a rant by Rick Santelli of CNBC complaining that Obama’s $75 billion bailout of mortgage defaulters “rewarded bad behavior.” As traders at the Chicago Board of Trade behind him cheered, Santelli called for a new Tea Party, referring to the protest against British taxes in 1773 by colonists who dumped three shiploads of tea into Boston Harbor.

    The remarks spread through e-mails and Web sites such as YouTube, which has had more than 1 million views of the Santelli video clip. Tea parties were organized in cities like Denver, Atlanta, and St. Louis. Some were attended by thousands.

  53. Chavez is going to eat bambi for breakfast. Ridicule is the name of the game and bambi seems to thrive on it.
    Jan–I agree. As a matter of fact they could have a contest to see which of the two left wing tyrants who could diss the United States more. As bad as Chavez is I think Bambi would win. Put differently, when I see Mr. Obama I smell sulphur. They may play a little political trick for us here though. Bambi can pull his little I am not Bush schtict, Chavez can say no you are not and we can work together and then Bambi can say something brave like you are an oil rich nation and you must become a regional partner with the United States in addressing the needs of the hemisphere and fighting the drug trade but that is up to you. Yea, the little groper is working on that speech right now, so that suddenly in one burst of hot air Bambi can heal all the wounds of this hemisphere. The narco forces will here his clarion calls, throw down their uzes and relinquish violence forever just as gun control jurist Abner Minca would have them do. There are no limits to the delusion.

  54. Correction: Bambi would not say a regional partner with the United States. He would say a regional partner with ME.

  55. White House to Jewish leaders: US won’t attend ‘Durban II’

    In conference calls with prominent members of Jewish community, UN Ambassador Rice says US won’t take part in Geneva conference against racism unless anti-Israel document amended

    Yitzhak Benhorin
    04.15.09, 09:14 / Israel News

    WASHINGTON – Senior White House officials informed prominent members of the Jewish community that the US will boycott the World Conference against Racism next week in Geneva unless a draft conference document viewed as hostile toward Israel is amended.

    UN Ambassador Susan Rice, Samantha Power – top advisor to President Barack Obama – and Director for Near East Affairs at the National Security Council Dan Shapiro informed the Jewish leaders of the decision during a conference call held on Wednesday. One of the Jewish leaders said he was “relieved”, but did not elaborate on the conversation.

    The preliminary conference document, which was initiated by Iran, Cuba and other third world countries, ran 45 pages and called for reparations for slavery, condemned the “validation of Islamophobia,” and asserted that Israel’s treatment of the Palestinians is grounded in racism.

    In an attempt to save the anti-racism conference, Russia initiated a new draft which no longer included the negative references to Israel. However, the new document ratifies “Durban I” – the concluding document of the first World Conference against Racism held in South Africa in 2001, which includes a harsh condemnation of Israel.

    Former US President George W. Bush boycotted ‘Durban 1’, but Obama did want the US to attend next week’s conference in Geneva, and even sent representatives to a preliminary meeting held a few weeks ago. The decision to boycott ‘Durban II’ was reached after the representatives said the US lacked the clout to omit the condemnation of Israel from the conference document,7340,L-3701648,00.html


    “asserted that Israel’s treatment of the Palestinians is grounded in racism”

    Now isn’t that the worst example of the “pot calling the kettle black.” And that is the nicest thing I can say at the moment because those morons are the most racist, fascist monsters in the 21st century!

  56. N. Korea expelling nuclear inspectors, restarting plants: UN agency

    Tuesday, April 14, 2009

    North Korea signalled Tuesday it would pull out of nuclear disarmament talks and restart a plant that makes bomb-grade plutonium following a rebuke from the UN Security Council over its recent launch of a long-range rocket. Officials with the International Atomic Energy Agency said North Korea is expelling its inspectors and reactivating all nuclear facilities, including the plutonium plant at Yongbyon.

    Pyongyang had warned earlier that any move to censure it at the UN could prompt its withdrawal from stalled six-party negotiations on dismantling its nuclear weapons program. Meanwhile on Tuesday, the White House called on North Korea to “cease its provocative threats” and respect the will of the international community by honouring its international commitments. White House spokesman Robert Gibbs said at the daily news briefing that the international community won’t accept North Korea unless it abandons what the White House calls its pursuit of nuclear weapons.

    On Monday, all 15 Security Council members unanimously endorsed a statement calling for expanded sanctions because the April 5 rocket launch violates a 2006 resolution barring the regime from ballistic missile activity.

    A statement is considered a weaker response than a council resolution. Western countries fear that the launch is a cover for a ballistic missile test for the North, which has nuclear weapons.

    But North Korea has claimed the launch was to send an experimental communications satellite into orbit as part of a peaceful bid to develop its space program.


    The problem here is that China and Russia milked down the U.N.’s response until it was bare bones. The other problem is that Hillary through osmosis, i.e. bambi’s weak leadership skills, is again being painted with the same brush.

    The U.S.A. has never been pushed to the side as it is being now. Obama has made such a mess of everything.

  57. The double dipping by Goldman is something I was unaware of. More evidence of how badly the taxpayer is getting screwed.

    Taipan Daily: A Simple and Powerful Way to Bet Against the
    Government (Part Two)
    by Justice Litle, Editorial Director, Taipan Publishing Group

    Not so Rosy for Wells Fargo

    Just to reiterate, I continue to suspect the last leg of this big financials rally was driven by unsustainable factors – elements like forced short covering, over-rosy expectations for fast economic turnaround, and quant-driven hedge funds adjusting their trading books in a low-volume market.

    Take the big Wells Fargo news of last week, for example – the surprise announcement of a larger-than-expected $3 billion profit. (And the very same news that prompted TIME to idiotically declare the banking crisis “over.”)

    As I wrote to Macro Trader members last Friday, “Wells Fargo’s $3 billion earnings number might have some legitimacy to it, that I grant, but even so, those gains came from taking massive write-offs on the Wachovia purchase not long after taking $25 billion (more than eight times as much) from the government.”

    On Monday, banking analyst Frederick Cannon with Keefe, Bruyette & Woods expressed similar doubts about Wells Fargo’s rosy future. Cannon and his firm expect the bank to ultimately incur $120 billion worth of “stress” related losses over the next year, Bloomberg reports – a whopping forty times the amount of preannounced profit.

    Cannon further notes that, not only is Wells Fargo far from paying back the government its first $25 billion in rescue funds, the bank may actually need to raise another $25 billion on top of what it already owes Uncle Sam.

    And as for the $3 billion goose that sent all the financials flying last Thursday? “Details were scarce,” Cannon says, “and we believe that much of the positive news in [Wells Fargo’s] preliminary results had to do with merger accounting, revised accounting standards and mortgage default moratoriums, rather than underlying trends.”

    Well “Surprise, surprise, surprise!” as Gomer Pyle liked to say.

    Goldman Gets a Leg Up

    The other market-goosing news this week, also preannounced to juice the market, came from Washington’s favorite talent pool, Government Sachs. Excuse me, I mean Goldman Sachs. (It’s just so easy to slip!)

    Goldman surprised Wall Street with a tidy $1.7 billion dollar profit… a profit paid for by taxpayers, by the way, courtesy of your favorite black hole and mine, AIG.

    From this vantage point, it looks like Goldman rested confidently in the knowledge that its huge slug of AIG-sponsored contracts would be federally guaranteed – one of the perks of having an ex-Goldman CEO serve as Treasury Secretary. As icing on the cake (crème for the brûlée?), Goldman further had the chance to profit by shorting the hell out of AIG stock as its share price spiraled down to the depths.

    As ticked-off blogger Karl Denninger writes,

    The fact that they (like so many others) are being paid by the taxpayer through AIG’s “conduit” for losses that didn’t (yet) happen at 100 cents on the dollar might be the basic math.

    And further (and potentially much worse) there is the repeated statement by Goldman executives that they were “fully hedged” against a potential counterparty default by AIG. One wonders – was that “hedge” to be short the equity on AIG itself, perhaps?

    Why is this important?

    Because if that’s how Goldman hedged they got paid twice and the taxpayer literally got robbed. Someone in Congress needs to look into this now; there are already rumblings of investigation. Those rumblings need to get a lot louder and turn into subpoenas, not “polite inquiries.”

    It’s awful stuff, but this is the basic thrust of the Geithner/Obama game plan.

    The idea is to make the banks profitable again as fast as humanly possible, in the hope that a build-up of short-term profits will be enough to absorb the still-looming titanic losses left over from a collective multitrillion-dollar wrong way bet on the entire U.S. housing market.

    And that government mandate of “profitability posthaste” means by any means necessary, including measures that are tantamount to outright theft, designed in dark and murky fashion so as to make a blatant end run around Congress. Which, as much as we are sick of the dopes in Congress who do such a crappy job of representing us, means making an end run around you and me, the taxpayers.

    This is flat out subversion of democracy – and property rights too for that matter – perpetrated by a host of connected jerks for the supposed good of the country.

    Market News Briefs
    Goldman Sachs Reports Profit

    Drop in Retail Sales

    And for those Taipan Daily readers who reside outside the United States: If your government is scrambling to prop up the remnants of a failed elite at the head of a rapidly failing financial system, chances are they are working from much the same playbook.

    But anyway, I digress… main point being, Wells Fargo and Goldman Sachs have been two big drivers of the new financial optimism, thus far, and both those examples are quite sketchy in their own way.

    We’ll know more about the true state of Wells Fargo’s books when they give a fuller accounting on April 22. And as for the mighty Goldman Sachs, it’s instructive to note two things. First, that 70% of first quarter revenue came from trading in “fixed-income, currencies and commodities,” or FICC as Goldman calls it… and second that Goldman immediately touted a $5 billion stock offering on the good earnings news.

    The Goldman guys have always been sharp traders. Their ability to make a killing on the trading side, then, doesn’t say a whole lot about economic recovery or the general state of biz on the Street. Goldman’s haste to sell $5 billion worth of their own stock carries a trading message too – that GS is more interested in selling itself (and Wall Street) short versus getting further long at this point.

    The Way to Play It

    So that’s the basic gist. Analysts and investors have gotten way ahead of themselves in their blue sky projections, fueled by the euphoria of an overhyped rally and an overbought market. If it turns out we’re not out of the woods economically – that more pain is still to come – then the whole financial sector could yet do another belly flop.

    In one sense betting against Leviathan (the government) is a risky move, but in another sense the bigger they are, the harder they fall. Government intervention has a long and illustrious history of failure, and I think there is a good shot the present administration will taste that failure. None of the measures taken so far, and I mean none of them, have truly gotten at the core of the problem… which means the rottenness remains to be dealt with in time.

  58. The mainstream media is playing a dangerous game, here. Because out here in the hinterlands, far from the ivory towers, a lot of people are attending these tea parties. And many of those not attending do at least have friends, family, etc who are.

    If the MSM decides to paint the tea parties as all a bunch of dangerous wacko nutjobs, they risk Joe Sixpack waking up, and thinking, “Whoa – I may not be into the tea party thing, but I know plenty of people who are, and none of them are racist militia-member crazies. Why is the news trying to smear all these people?”

  59. HillaryforTexas,

    The MSM and the White House are painting these tea parties as irrelevent. They are pushing the message that attendance will be pitiful and that the repubs are the ones pushing for this revolution.

  60. The MSM and the White House are painting these tea parties as irrelevent. They are pushing the message that attendance will be pitiful and that the repubs are the ones pushing for this revolution
    Those are their two arguments alright. If they had been around in 1775 they would have been saying the same sort of things on behalf of King George about the colonists who saw fit to revolt. The arrogance of officialdom as Cicero said.

    The key here is to prove that this thugocracy, and the one that preceded it are robbing the American people, and as they are giving us all the ammunition we need.

    The real question here is not so much what MSM reports, but the efforts they are making to censor these important activities and thereby silence dissent. Corporate fascism.

    More important still are the communication channels established through these events. It is important because it is the beginning of a ground game to fight the thugocacy.

  61. Obama is trying to be all things to all people, resulting in him lacking an inner core set of values to guide him. His seemingly “unattached/no drama Obama” is a ruse as the guy goes bonkers anytime someone dare disagree with him….he has cleverly used TV/Big Media on almost a daily basis to continue his campaign and never really answers any question with a definitive answer. He seems destined to be a fairly mediocre POTUS at best, and very well could end up hurting our position as the leader of the free world if he continues to kow-tow to every dictator, tyrant, and others whom are no friends of the Unites States.

  62. It was interesting to me that yesterday on Lou Dobbs, none of his roundtable guests could figure out why bambi gave that economic speech yesterday. Everyone knows that times are bad. Everyone knows that bambi is making it worse.

    They also touched on the issue of tea parties and how this time around the populace are holding the dims responsible for all this crass overspending with no results yet, except for the negatives. They emphasized that most people are worried about their taxes going up because of government pork spending and no one understands why the idiot is asking people to spend more money when most of us are watching every dime.

  63. Truthfully, the fact we even considered attending was an affront to anyone who is even remotely offended by Anti-Semitism. It is a sad indictment of the world when so many other countries will attend and kow -tow to the most hateful enemies Israel/Jews have faced since WW2 Germany.

  64. I have a number of friends who do not get it. I was talking to one of them last night. The thing they fail to grasp is that this is not a business as usual situation. There are too many down arrows. I will send him a copy of the Quiet Revolution, Kevin Phillips book and some of the Taipan commentary.

    I have seen in real life what this kind of leadership does to a company and the result will be no different with a country. Sweeping statements, false optimism, self dealing and an abject failure to confront core problems. You end up in the dust bin of history.

    Much of it gets back to core principles. The problem with Obama is he has none. His constant reversal of policy positions, his attack upon the the Fourth Amendment, his insistence upon faux unity and his suppression of honest debate are symptomatic of sociopathology and aphabet soup of pathologies.

    He knows we are in an economic crisis, he has said so many times–indeed too often. He knows or ought to know that the American People are not the perpetrator but the victim. Yet he tells the world that we are responsible for the world economic crisis. In doing so he shields his friends the bankers who are the culpable party. And he rewards them at taxpayers expense.

    When he pursues policies of appeasement he takes us down the old familiar path from which no one ever returns. We note with interest the way he turns the other cheek when North Korea spits in his face, and signals that he will do the same thing to Iran.

    When he condemns the country he represents repeatedly he commits a mortal sin which only our enemies will applaud. Allies simply shake their heads. If he stopped short of condemnation and simply announced a change in policy that would be enough. But his thinking is so shaped by Reverend Wright that he cannot help himself.

    When he shows incompetence and disfunctionality as CIC he puts our security in jeopardy. The Somalian Pirate issue, and the way he froze up handling it is the ghost of Chistmases to come. It reminds us of the question first raised by John Quincy Adams as to whether we are a nation to be trifled with.

    How do you evaluate someone like this? In halcion times you could work around him and compensate for his errors. But in the times we live in now, there is no margin for error. The cost of a mistake can and will be devastating. As I say, I have seen this movie before.

  65. O.T. but maybe of interest to jbstonesfan and others…

    The prize doesn’t always go to the most deserving!!!!!!!

    A movie made about Irena is on CBS Sunday April 19th, 2009 called “The Courageous Heart of Irena Sendler”:

    There recently was a death of a 98 year-old lady named Irena. During WWII, Irena, got permission to work in the Warsaw Ghetto, as a Plumbing/Sewer specialist. She had an ‘ ulterior motive ‘ … She KNEW what the Nazi’s plans were for the Jews, (being German.) Irena smuggled infants out in the bottom of the tool box she carried and she carried in the back of her truck a burlap sack, (for larger kids.) She also
    had a dog in the back that she trained to bark when the Nazi soldiers let her in and out of the ghetto. The soldiers of course wanted nothing to do with the dog and the barking covered the kids/infants noises. During her time of doing this, she managed to smuggle out and save 2500 kids/infants. She was caught, and the Nazi ‘ s broke both her legs, arms and beat her severely. Irena kept a record of the names of all the kids she smuggled out and kept them in a glass jar, buried under a tree in her back yard. After the war, she tried to locate any parents that may have survived it and reunited the family. Most of course had been gassed. Those kids she helped
    got placed into foster family homes or adopted.

    Last year Irena was up for the Nobel Peace Prize … She was not selected. * Al Gore won, for a slide show on Global Warming.

    GOD BLESS HER May she rest in Peace.

  66. Top US official to oversee Mexico border

    WASHINGTON (AFP) — President Barack Obama’s administration will Wednesday name a high-ranking official to deal with illegal immigration and spillover drug violence at the US-Mexico border, an official said. The announcement, to be made by Homeland Security Secretary Janet Napolitano in Texas will come a day before Obama visits Mexico and after the administration said it would post hundreds of extra agents on the US side of the border.

    Napolitano will name former federal prosecutor Alan Bersin to the post, the official from the Department of Homeland Security said on condition of anonymity, ahead of the announcement expected later in Texas. Several officials dismissed media characterizations of Bersin’s post as southwest border “czar,” pointing out that he would work from the department and report directly to Napolitano, not the White House.

    The administration has named several policy “czars” to roam across the sprawling government bureaucracy and work out of the White House on issues including energy and healthcare.

    A string of top US officials including Secretary of State Hillary Clinton have passed through Mexico in recent weeks, promising to improve cooperation in the fight against drug gangs and to help stop the flow of firearms across the southern US border.
    Napolitano has recently announced deals aimed at streamlining repatriations of illegal Mexicans from the United States and the creation of a joint group to combine efforts to stop the flow of firearms south of the border. More than 6,400 people have died since the start of last year in drug-related bloodshed in Mexico that is increasingly spilling over into the United States, and which is mainly carried out with US-sold weapons. Estimates suggest that some 300,000 undocumented Mexicans attempt to cross their northern border each year.

    Mexican President Felipe Calderon, whom Obama meets on Thursday, has gambled his presidency on the battle against drug trafficking and related violence, and launched a crackdown involving more than 36,000 troops over two years ago.

  67. HillaryforTexas Says:
    April 15th, 2009 at 11:12 am

    The mainstream media is playing a dangerous game, here. Because out here in the hinterlands, far from the ivory towers, a lot of people are attending these tea parties. And many of those not attending do at least have friends, family, etc who are.

    If the MSM decides to paint the tea parties as all a bunch of dangerous wacko nutjobs, they risk Joe Sixpack waking up,



  68. HillaryforTexas Says:
    April 15th, 2009 at 11:12 am

    The mainstream media is playing a dangerous game, here. Because out here in the hinterlands, far from the ivory towers, a lot of people are attending these tea parties. And many of those not attending do at least have friends, family, etc who are.

    If the MSM decides to paint the tea parties as all a bunch of dangerous wacko nutjobs, they risk Joe Sixpack waking up,



    This is a whole nother reason for supporting the Tea Parties. We who followed the primaries woke up then. Now if all the Tea Party people wake up….

    And I hope they have their own communication networks to by-pass BM.

    Is Fox covering the tea parties fairly?

  69. Last year Irena was up for the Nobel Peace Prize … She was not selected. * Al Gore won, for a slide show on Global Warming.


    Irena saved 2500 people long ago. Gore’s work may save all of us in the future.

    Certainly she deserved some honor, but imo Gore’s work is more important.

  70. UN Ambassador Susan Rice, Samantha Power – top advisor to President Barack Obama – and Director for Near East Affairs at the National Security Council Dan Shapiro informed the Jewish leaders of the decision during a conference call held on Wednesday. One of the Jewish leaders said he was “relieved”, but did not elaborate on the conversation.

    The preliminary conference document, which was initiated by Iran, Cuba and other third world countries, ran 45 pages and called for reparations for slavery, condemned the “validation of Islamophobia,” and asserted that Israel’s treatment of the Palestinians is grounded in racism.
    It should not take that long to say no. With Powers and Rice calling the shots, the rest of us finally know whom the real monsters are–them. What kind of delusion turns power over to overeducated idiots like this??? They are ripe for the plucking.

Comments are closed.