Category: Obama

The begrudgingly obligatory GM goes bankrupt posting

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Yes, I know about the bankruptcy of General Motors. No, I will not be commenting on it. As I have a policy, as a blogger not to comment on issues that I personally am involved in and biased towards or against.

Here’s the facts, Via Keith Hennessey:

Process

* GM’s bankruptcy filing was expected to be at 8 AM EDT in NY Southern District in Manhattan. (CNBC)
* Obama and GM CEO Fritz Henderson are scheduled to hold back-to-back press conferences beginning at noon today. (CNBC)
* They are using the same Section 363 process that Chrysler used. The new GM buys the good parts of the old GM. The old parts are liquidated. (White House fact sheet)
* “… would allow a much smaller GM to emerge from court protection in as little as 60 to 90 days.” (CNBC) (This is a guess/spin. How optimistic is it? GM is much harder than Chrysler. –kbh)
* “Al Koch, a managing director at advisory firm AlixPartners, will be appointed chief restructuring officer in charge of liquidating those GM assets” (CNBC)
* “Autos task force will stay in business – shifting to an investment manager role”(CNBC)

In “the new GM,” ownership is:

* 60% of equity goes to the U.S. Government. USG also gets $8.8B in debt and preferred stock.
* UAW’s retiree pension/health plan (the “Voluntary Employee Beneficiary Association”) gets 17.5% of equity, plus:
o warrants to buy another 2.5% of equity;
o a $2.5 B note (three installments, ending in 2017); and
o $6.5 B in perpetual preferred stock (9% coupon).
* Approximately 12% of equity goes to the Canadian (and Ontario?) governments. They also get about $1.7 B in debt and preferred stock.
* Bondholders of old GM get about 10% of the equity, for giving up $27.1 B in unsecured debt. This was approved by bondholders representing 54% of unsecured debt. The other 46% are the biggest risk for the bankruptcy filing. (CNBC, WSJ)
* “Bondholders could take up to 25 percent of GM if it recovers to be worth what it was in 2004, before it began round after round of cost-cutting in what proved to be a failed bid to make up for lost sales.” (I need to understand this better.)
* Secured bondholders expect to be paid face value. (WSJ)

Governance of the new GM

* UAW’s VEBA can select one independent director, but cannot vote its shares or other governance rights(!) (White House fact sheet)
* “Canadian government will have the right to select one initial director.” (White House fact sheet)
* “The U.S. Treasury will also have the right to appoint the initial directors other than those that will be selected by the VEBA and the Canadian government.” (White House fact sheet)

GM gets about $40 B of new cash to help pay its bills during bankruptcy. This is called debtor-in-possession (DIP) financing.

* U.S. Government: $30.1 B in new debtor-in-possession (DIP) financing. (WH fact sheet, CNBC)
* Governments of Canada & Ontario: $9.5 B

NewCo / OldCo

* “Today GM is announcing its intention to close 11 facilities and idle another 3 facilities.” (White House fact sheet)
* “[GM] has not provided an update target for job cuts but had been looking to cut 21,000 factory jobs from the 54,000 UAW workers it now employs in the United States.” (CNBC)
* “While the “new GM” is expected to emerge quickly from court protection, the automaker’s shuttered plants, stranded equipment and other spurned assets would be left to liquidation in bankruptcy.” (CNBC)
* Previously announced: “closing more than a dozen factories and shedding the Pontiac, Saturn, Saab and Hummer brands.” (WSJ)
* GM will “shutter 2,600 dealers.” (WSJ)
* “The new GM will also pursue a commitment to build a new small car in an idled UAW factory.” (WH fact sheet)
* GM will shed more than $79B in debt. (WSJ)
* “GM at the last minute also found buyers for some unwanted subsidiaries, including German-based Opel, which is being acquired by a consortium led by Canadian auto-parts supplier Magna International Inc., and the Hummer brand, whose buyer remained undisclosed.”

Future

* “The U.S. Treasury does not anticipate providing any additional assistance to GM beyond this [new $30.1 B] commitment.” (White House fact sheet)
* “As a result of this restructuring, GM will lower its breakeven point to a 10 million annual car sales environment. Before the restructuring, GM’s breakeven point was in excess of 16 million annual car sales.” (White House fact sheet)
* “The administration said the goal of the restructuring was to help GM be profitable in a year when the industry sells 10 million vehicles, versus the 16 million it sold in 2007.” (CNBC)
* “GM will continue to honor consumer warranties.” (WH fact sheet)
* GM is being removed from the Dow Jones Industrial Average 30 (“the Dow”), along with Citigroup. They will be replaced by Cisco and Travelers. (CNBC)

As you all can well guess; there is a great deal of sadness and a great deal of anger in this household today. I will give you all a fair warning. ANY sort of stupid or abusive or troll-like comments left in the comment section will result in your comment being deleted and your IP address being blocked from even viewing this blog. You just don’t insult my family. Period.

Others covering this story, their color codes should clue you into their political stances:

The Atlantic Business Channel, The New Republic, Above the Law, Gawker, The Stimulist, protein wisdom, Daniel W. Drezner, Wake up America, Mainstream Texas Conservative, Colorado Independent ,Gateway Pundit, The Huffington Post, Wall Street Journal, DownWithTyranny!, The Big Picture, Kausfiles, Runnin’ Scared, The Caucus, ProPublica, The Moderate Voice, Wall Street Journal, Say Anything, Wonk Room, Hot Air, USA Today, Reason, CFR.org, The BLT, RedState, Ben Smith’s Blog, The Politico, TPMCafe, Democracy in America, The New Republic, Crooks and Liars, DealBook, The Nation, Law Blog, The Hill’s Blog Briefing Room, Boston Globe, Libertarian Republican, The Foundry and Betsy’s Page

The Southern Avenger on “The Problem with Sotomayor”

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Yeah, I know what I wrote here, But Jack does bring up some vary valid points.

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How President Obama’s choice for the Supreme Court, Sonia Sotomayor, will place identity politics and liberal ideology above the Constitution.

The Southern Avenger Says “Obama and Cheney Make Us Less Safe”

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In the ongoing debate between President Obama and former Vice President Dick Cheney on torture, former CIA terrorism expert Michael Scheuer points out how both leaders’ refusal to address U.S. interventionism as the primary catalyst for terrorism makes us all “less safe.”

The Southern Avenger’s Blog

The Southern Avenger @ Taki’s Magazine

North Korea tests a nuke and a short range missile

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Here we go again!

This comes via the NYT:

SEOUL, South Korea — North Korea announced on Monday that it had successfully conducted its second nuclear test, defying international warnings and drastically raising the stakes in a global effort to get the recalcitrant Communist state to give up its nuclear weapons program.

The North’s official news agency, KCNA, said “The Democratic People’s Republic of Korea successfully conducted one more underground nuclear test on May 25 as part of the measures to bolster up its nuclear deterrent for self-defense in every way as requested by its scientists and technicians.”

The test was safely conducted “on a new higher level in terms of its explosive power and technology of its control,” the agency said. “The results of the test helped satisfactorily settle the scientific and technological problems arising in further increasing the power of nuclear weapons and steadily developing nuclear technology.”

Word of the test sent a shudder through Asian financial markets and clearly caught South Korea and the United States off guard. The news hit just as South Korea’s government and people were mourning the suicide of former President Roh Moo-hyun. And hours after the test was reported, South Korean state media reported that the North had fired a short-range missile.

The nuclear test also came against a backdrop of uncertainty about North Korea’s reclusive leader, Kim Jong-il, and speculation about who might succeed him. Mr. Kim suffered a stroke last August, which prompted him to step up preparations to transfer power to one of his three known sons. Analysts believe the favorite son is his youngest, Kim Jong-un, who is in his mid-20s.

North Korea conducted its first nuclear test on Oct. 9, 2006, which was considered something of a bust by South Korean and American officials. If the North’s second test was more of a success, it could mean that North Korea has bolstered its atomic weapons capabilities — and its leverage over the United States, which has sought to denuclearize the North.

In Washington, the Obama administration had a cautious initial reaction to the news early Monday. “We are aware of the reports of a nuclear test by North Korea,” said a senior State Department official who spoke on condition of anonymity because the department was still gathering information. “We are consulting with our allies. Once we have established the facts, we will have more to say.”

Looks like Mr. Jong-il is looking for another handout; and if our United Nations’s track record is any indication. He will get it.

Here is the Official Statement from President Bambi Teleprompter:

Text of statement by President Barack Obama on nuclear and short-range missile tests conducted by North Korea.

Today, North Korea said that it has conducted a nuclear test in violation of international law. It appears to also have attempted a short range missile launch. These actions, while not a surprise given its statements and actions to date, are a matter of grave concern to all nations. North Korea’s attempts to develop nuclear weapons, as well as its ballistic missile program, constitute a threat to international peace and security.

By acting in blatant defiance of the United Nations Security Council, North Korea is directly and recklessly challenging the international community. North Korea’s behavior increases tensions and undermines stability in Northeast Asia. Such provocations will only serve to deepen North Korea’s isolation. It will not find international acceptance unless it abandons its pursuit of weapons of mass destruction and their means of delivery.

The danger posed by North Korea’s threatening activities warrants action by the international community. We have been and will continue working with our allies and partners in the Six-Party Talks as well as other members of the U.N. Security Council in the days ahead.

Yeah, that’ll show ’em! Slap ’em on the wrist another good time and make ’em feel bad, that’ll really put them in their place. 🙄

Another day, another dumb liberal response to a serious problem.

Others Covering: Michelle Malkin, Stop The ACLU, Don Surber

(H/T Memeorandum)

The Far Left is now realizing the awful truth about President Obama

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I have said many times on this blog; in no way, shape, form or another that Obama would never change any polices of George W. Bush.

Well, outside of a few “window dressing” changes; nothing has changed at all.

Here’s proof: ( H/T to Freedom’s Phoenix)

I don’t agree with all of her positions. But I humbly submit this as proof that I was correct and as state’s Evidence of my vindication. I also present this as a humorous view at the utter breakdown of the left, as their personal black progressive Messiah lets them down from the election induced stupor.

It is truly a site to behold. Nerd

The Southern Avenger says “Just Say No” to Government

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When South Carolina Gov. Mark Sanford was attacked by Republican state leaders for not accepting federal stimulus dollars, it was worth pointing out the utter uselessness of GOP politicians who refuse to follow through on their conservative rhetoric.

Terrorist plot to blow up Jewish Synagogues in the Bronx thwarted

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This news broke last night, but I was not in any mood to write about it.

Video Report, showing NY’s Mayor Bloomberg:

Four men were arrested Wednesday night in what the authorities said was a plot to bomb two synagogues in the Bronx and shoot down military planes at an Air National Guard base in Newburgh, N.Y.

The men, all of whom live in Newburgh, about 60 miles north of New York City, were arrested around 9 p.m. after planting what they believed to be bombs in cars outside the Riverdale Temple and the nearby Riverdale Jewish Center, officials said. But the men did not know the bombs, obtained with the help of an informant for the Federal Bureau of Investigation, were fake.

The arrests capped what officials described as a “painstaking investigation” that began in June 2008 involving an F.B.I. agent who had been told by a federal informant of the men’s desire to attack targets in America. As part of the plot, the men intended to fire Stinger missiles at military aircraft at the base, which is at Stewart International Airport, officials said.

“This latest attempt to attack our freedoms shows that the homeland security threats against New York City are sadly all too real and underscores why we must remain vigilant in our efforts to prevent terrorism,” Mayor Michael R. Bloomberg said in a statement. The mayor was expected to appear at 6:45 a.m. Thursday at the Riverdale Jewish Center morning services, joined by Police Commissioner Raymond W. Kelly.

The charges against the four men represent some of the most significant allegations of domestic terrorism in some time, and come months into a new presidential administration, as President Obama grapples with the question of how to handle detainees at the Guantánamo Bay camp in Cuba.

Rabbi Jonathan I. Rosenblatt, the senior rabbi at the Riverdale Jewish Center, a modern Orthodox congregation, said the police informed him on Wednesday evening that his synagogue was a target of the plot, as well as the Riverdale Temple, a Reform synagogue that is a short distance away, on Independence Avenue. The two buildings are about six blocks apart, each with a brick facade. Outside the synagogues on Wednesday night, the streets were eerily quiet.

Rabbi Rosenblatt said in a phone interview that he took the news with “shock, surprise — a sense of disbelief that something which is supposed to belong to the world of front pages and the evening news had invaded the quiet world of our synagogue.”

via 4 Accused of Bombing Plot at Bronx Synagogues – NYTimes.com.

Of course, the Neo-Conservative Blogs are all over this one. A couple of things to point out:

  1. There’s no proof at all, that these guys were connected to any sort of formal terrorist group
  2. They never were able to obtain any sort of real weapons

So, what we have here is a group of wanna-be’s who got caught. This is what, the second time? The first was the much hyped Fort Dix plot; which turned out to be a great deal of nothing. I am sure that the Conservative media and blogs are going to hype this for all it is worth. The liberal-controlled media; hopefully, will take a more reasoned approach to the situation and report the facts, and shy away from the hype.

Do not misunderstand me here. I personally believe that the war on terrorism, as George W. Bush rightfully called it, is quite real. However, I have a hard time believing that this group of bumbling idiots were a part of it formally. If anything, these guys were a group of morons who could not even make a pipe bomb; much less a damn bomb capable of causing any sort of real damage.

As to why they did it. These guys were upset about our involvement in Afghanistan. We can expect to see this sort of a thing, as that War progresses. Now the idiots on the far liberal left will try and say that this is why we should leave Afghanistan. Which any sane, rational person knows is foolish. We should not leave until Osama and his henchmen are dead and Al-Qaeda is formally defeated. Some say this is impossible. I believe nothing is impossible, if it is done correctly. The far left likes to bring up that Russia tried to fight a war in this region and ended up pulling out. I say; apples and oranges. Different kind of a war, and the Russians did not have nearly the Military that we have and the technology that we have today.

The good thing about all this is, that this terrorist cell was broken up and these idiots are going to jail. Thanks to the fine work of our men at the F.B.I. Good show guys, keep up the good work.

Update: …and then there’s the Libertarian conspiracy theorist angle. No wonder the Republicans think that most libertarians are kooks.

The Southern Avenger on “Lindsey Graham Republicans”

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When Lindsey Graham denounced Ron Paul-style libertarianism and advocated for George W. Bush-style neoconservatism during a speech at the South Carolina Republican Convention, it was worth pointing out that Graham’s suggested GOP path is the road to nowhere.

The Southern Avenger says “Partisans Make Us Less Safe”

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How support for both “financial security” and “national security” reveal partisan hypocrisy and make us less safe.

President Obama, The time is now.

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That’s correct, you read that headline right. Enough is enough, the deception and lies needs to stop. I am sure that most of you have been following the internet Meme floating around right now about Nancy Pelosi’s saying that the CIA lied to her about the enhanced interrogations. Well, the accusations just got some serious merit and I do mean huge serious merit.

The Huffington Post is now reporting:

In testimony that could bolster Speaker Nancy Pelosi’s claim that the CIA misled her during briefings on detainee interrogations, former Senator Bob Graham insisted on Thursday that he too was kept in the dark about the use of waterboarding, and called the agency’s records on these briefings "suspect."

In an interview with the Huffington Post, the former Senate Intelligence Committee Chairman said that approximately a month ago, the CIA provided him with false information about how many times and when he was briefed on enhanced interrogations.

"When this issue started to resurface I called the appropriate people in the agency and said I would like to know the dates from your records that briefings were held," Graham recalled. "And they contacted me and gave me four dates — two in April ’02 and two in September ’02. Now, one of s-GRAHAM-large the things I do, and for which I have taken some flack, is keep a spiral notebook of what I do throughout the day. And so I went through my records and through a combination of my daily schedule, which I keep, and my notebooks, I confirmed and the CIA agreed that my notes were accurate; that three of those four dates there had been no briefing. There was only one day that I had been briefed, which was September the 27th of 2002."

As for the one briefing he did attend, the Florida Democrat said that he had "no recollection that issues such as waterboarding were discussed." He was not, per the sensitive nature of the matters discussed, allowed to take notes at the time. But he did highlight what he considered to be pretty strong proof that the controversial technique was not discussed.

"What struck me…was the fact that in that briefing, there were also two staff members," he said. "As you know, the general rule is that the executive is to brief the full committees of the House and Senate Intelligence committees about any ongoing or proposed action. The exception to that is what is called "covert action," where the president…only briefs the Gang of Eight, which is the four congressional leaders and the four intelligence committee leaders. Those sessions are generally conducted at an executive site, primarily at the White House itself. And they are conducted with just the authorized personnel, not with any staff or any other member of the committee…. Which leads me to conclude that this was not considered by the CIA to be a Gang of Eight briefing. Otherwise they would not have had staff in the room. And that leads me to then believe that they didn’t brief us on any of the sensitive programs such as the waterboarding or other forms of excessive interrogation."

The remarks made by Graham bolster the comments offered by Pelosi on Thursday. The Speaker told reporters that during her briefing session in the fall of 2002 she was not just kept in the dark about the issue of waterboarding, she was assured that it had not been used.

[….]

"The irony," said Graham, "is that the whole series of events in late September of ’02 were concurrent with the CIA’s release of the first classified version of the National Intelligence Estimate, which was one of the key factors that led me to vote against the war in Iraq because I thought that their case was so weak. And they were making to the public these very bold statements about how we were in extreme danger if we didn’t move quickly to eradicate Saddam Hussein. The whole, ‘a smoking gun may appear in the form of a mushroom cloud’ kind of argument."

I know some Conservatives that read this blog are going to say something to the effect of, “Oh, that’s the Huffington Post, you cannot trust what they say.” Well, to that I say; Unsinn! (nonsense!) While I may have a personal problem with the way that the comment sections are handled over there and I may have some issues with the political ideology behind that website. I am quite sorry to say it, but news is news; and this my friends is big news.

Since I began blogging back in the winter of 2006; first as a populist and then when my site was hacked, and which at the time this happened; I had began to change my views, and I finally came out as a “Right of Center” or a Traditional Conservative or if you will, a Paleo-Conservative. (As opposed to a Wilsonian, Neo-Conservative; like George W. Bush) I made it quite clear for my disdain of the Wilsonian, Neo-Conservatism of George W. Bush and his Administration. Having said this, I believe it is time that I be the first “Right of Center” blogger to say this:

It is time that the United States of America actually used it’s systems of “Check and Balances.” It is time for a formal investigation into the Bush Administration.

I realize that the Obama Administration wants to avoid a “partisan witch-hunt.” I can respect this, but at this point, this whole mess has gone way beyond the bounds of partisanship, and to the point of an outright betrayal of the American values and of the United States Constitution that the now former President was supposed to swear to uphold.  It is quite obvious to this writer that the now former President of the United States and his Administration fully instructed the C.I.A. to lie to the Democrats in office about the techniques used in the enhanced interrogations that took place after the invasion of Iraq.

Lying to the Congress of the United States of America under the orders of the President of the United States of America for the sole purpose of achieving a political goal, in this case the Iraq War and the supposed “War on terror,” in this writers opinion, amounts to treason of the worst kind. Lying to Congress in order to skirt around the agreements signed by the United States of America and many other Nations, under the accord of the United Nations is a crime and should be dealt with immediately. I am not a huge fan of the United Nations, but agreements are agreements and laws are laws, and it is quite obvious, to this writer, that this previous Administration was not interested in upholding those laws or the United States Constitution or the Geneva Conventions.  Instead the President of the United States ordered the C.I.A. to lie to Congress on it’s use to waterboarding in the enhanced interrogations. This, my friends, is treason. It is wrong, and it should be prosecuted.

I realize that some Conservatives  are going to disagree, that is their prerogative. However, those Conservatives and those who are non-partisan who believe that the rule of law in this Country should be upheld, not just for Conservative Presidents, but also for Democratic Party Presidents; will agree with me in saying that the current attorney should open a full an unbiased investigation into this situation forthwith. The future of this Constitutional Republic depends on it.

Mr. President, The time is now.

The Southern Avenger on “Ron Paul Republicans”

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While the GOP establishment continues to debate how the party lost its way, Republicans should consider the best path out of the wilderness – by following the one man who has always remained loyal to his party’s conservative roots.

The Southern Avenger’s Blog

The Southern Avenger @ Taki’s Magazine

The White House Corespondents Dinner Comedy Hour

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Looks like there was a correspondents dinner for those who cover the White House and supposedly bring us hard news from there.

There was some seriously funny stuff at that dinner and of course, there is video of it.  First up is the President of the United States of America; who actually can be a pretty funny person. Some of the funnier stuff of his appearance was the humor about the Teleprompter. Obviously, his staff are reading the blogs and know about the whole “President TelePrompter” bit. Because the President really went out of his way to do a sight gag on that. The President also did a little of the funny stuff about him being the Massiah. Which I’m sure will offend some; I found to be funny myself.

Here’s the Video:
Part 1:

Part 2:

Then were was the comedy routine by Wanda Sykes. I am sure that this is going to create some controversy. But it was all in fun. Obvious strikeouts were when she goofed on Limbaugh and Sarah Palin, which, the part about limbaugh, He would have laughed too. The Sarah Palin was not funny at all, and think Sykes knew that, this is why she quickly moved on. The best line of the whole routine, I thought, was the one about how the first lady was patting on the Queen of England like she was sliding into home plate. The First Lady was loving it!  As She should have, it was very funny. The other funny part was the Ipod joke; that was great.

Here’s the Wanda Sykes Video, the Good, the Bad and the Ugly:

Part 1:

Part 2:

All in all, I think the stuff was mostly pretty funny. I could sit here and critically of the dinner and lambast them for the jokes told. But even I am not that much of a fuddy duddy…

The Obligatory “Nancy Pelosi supposedly knew about Torture” Posting

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Honestly, I would rather be getting a root canal without any anesthesia, than to have to blog about this. But everyone else is, so, here goes!

ABC NEWS Blog “The Note” reports the following:

ABC News’ Rick Klein reports: House Speaker Nancy Pelosi was briefed on the use of “enhanced interrogation techniques” on terrorist suspect Abu Zubaydah in September 2002, according to a report prepared by the Director of National Intelligence’s office and obtained by ABC News.

The report, submitted to the Senate Intelligence Committee and other Capitol Hill officials Wednesday, appears to contradict Pelosi’s statement last month that she was never told about the use of waterboarding or other special interrogation tactics. Instead, she has said, she was told only that the Bush administration had legal opinions that would have supported the use of such techniques.

The report details a Sept. 4, 2002 meeting between intelligence officials and Pelosi, then-House intelligence committee chairman Porter Goss, and two aides. At the time, Pelosi was the top Democrat on the House intelligence committee.

The meeting is described as a “Briefing on EITs including use of EITs on Abu Zubaydah, background on authorities, and a description of particular EITs that had been employed.”

EITs stand for “enhanced interrogation techniques,” a classification of special interrogation tactics that includes waterboarding.

Of course, everyone on the right is jumping up and down  and saying, “See we told you so!” Don’t count me in with that crowd, please. When it comes to this entire issue; I am a fence sitter. On one hand, I hate to know that a fellow human being is being tortured. But on the other hand, I also know what happened on September 11, 2001, and please; do not come in here and spout that stupid Alex Jones bullcrap about 9/11 being an inside job, okay? I am just not that simple-minded to believe that idiotic nonsense.  The truth is that the 9/11 attacks were carried out by Muslim extremists who hate our Country and for what we stand for;  they also happened because of our interventionist foreign policy and because of our occupation of parts of Arab peninsula. Further, the attacks were a revenge attack on United States because of the actions of the United States in the 1980’s. Osama Bin Ladin said that in one of his many tapes. This is NOT to say that the United States had it coming or anything of that sort. It is simply the bare, and sometimes ugly; truth.

Now back to the story at hand, there are some, mostly liberals who have problems with this story. Emptywheel, for example seems to believe that the CIA is lying about the briefings. I won’t quote here, what’s being said there. Because there is just so much to read. I’d advise everyone to just go over and read what is being said there.

The truth is folks, I do not believe we will ever know the truth about what happened, and who knew what when. I am sorry if that busts any balloons or anything of that sort. Our Government has a very good track record of covering up secrets and quite frankly covering it’s backside to the point of burying the truth. So for those who were hoping that Bush and Co. would be prosecuted. I hate to be the one to say this, but you are in for a big letdown. I knew this was coming; I blogged about a great deal of times. Obama will not go after the former President and his staff and cabinet. Obama just will not burn the political capital. President Obama would rather risk being a one-term President, than try and go after a former President and his staff. It just never has been done. Nor will it ever.

If the Obama Administration told holder to open an investigation as to “Who knew what, when…” when it came to the 9/11 attacks, The Iraq War, and the torture stuff. Both Parties; Democratic and Republican would be utterly destroyed and stripped void of any credibility that they still have now.  That is something that the Obama Administration is simply not going to allow to happen. Because both of these political parties want to maintain their grip on a two party system in this Country. One Party may talk about wanted to see the other destroyed. But they know how long their leash is, and when it reaches it max length, the parties that be know when to get back into line.

So, I feel that this all just a big witch hunt, to distract us from the real issues. Like the state of our economy and so forth.

We’re such nasty fascists!

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If there was any one person that I still feel funny about linking to, it’s Jonah Goldberg. When I was still “Left of Center”, I despised the man. However, once I switched my moderate “Right of center” position, I began to see that Mr. Goldberg was a bit more right about liberalism, than I thought.

Goldberg makes the following observation:

Here’s a really perfectly distilled bit of stereotypical idiocy about the threat from the oogy-boogy-gun-loving-Right by Sara Robinson of the Campaign for America’s Future . It’s funny how I thought it was cribbed from David Neiwert and all of his campus coffeehouse philosophizing and — lo and behold — on page two the author reveals she is a colleague of Neiwert’s. It’s tiresome overheated nonsense that actually fits the us vs. them paranoia she ascribes to the Right better than most of the stuff you’ll ever find on the Right.

Do go follow the link, it is a very interesting read. I didn’t read it all myself. I couldn’t stomach the bile that comes out of the far left this early in the morning. Even I have limits. Even Goldberg’s readers were not very pleased with it either. Yes, I know, Goldberg is a Neo-Conservative; but he makes some very valid points about the left.  Especially when it comes to tolerance, it seems that the Liberals of today are much less tolerate on dissenting opinions than they used to be; especially during this time of Obama’s Hope and Change mantra.

The Southern Avenger on “The Mexican Flu”

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How the news coverage of the swine flu isn’t so much indicative of any serious crisis, but the mainstream media’s corporate and government, PC sensibilities.

Some Humor

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The talking dog

A guy is driving around the back woods of Tennessee and he sees a sign in front of a broken down shanty-style house: “Talking Dog For Sale.” He rings the bell and the owner appears and tells him the dog is in the backyard. The guy goes into the backyard and sees a nice looking Labrador retriever sitting there.

“You talk?” he asks. “Yep,” the dog replies.

After the guy recovers from the shock of hearing a dog talk, he says “So, what’s your story?”

The dog looks up and says, “Well, I discovered that I could talk when I was pretty young. I signed up for a job at the airport to do some undercover security, wandering near suspicious characters and listening in. I uncovered some incredible dealings and was awarded several medals. I wanted to help America, so I interviewed with the the CIA. In no time at all they had me traveling around the world and hanging out with spies and world leaders. After all, no one figured a dog could eavesdrop. I proved to be one of their most valuable spies for a decade. But the jetting around really tired me out, and I knew I wasn’t getting any younger. So, I decided to settle down. I got married and had a mess of puppies. Now I’m just retired.”

The guy is amazed. He goes back in and asks the owner what he wants for the dog.

“Ten bucks,” the guy says.

“This dog is amazing! Why on earth are you selling him for just ten dollars?”

“Because he’s a liar! He never did any of that stuff!”

Bullets are getting hard to find


Submitted

And now for a cartoon

For this and more…. go here

Why I will not write a posting attacking Kareem Dale

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Yes, I have seen and know about the Video of Kareem Dale expressing his and the White House’s Love for MSNBC.  However, I refuse to write a blog posting attacking the man, and I think if any of my fellow Conservatives had actually watched the video; they would have most likely not have attacked this man in the fashion in which they did.

The Video:

Notice anything overly different about him? No, I am not talking about him being a Democrat…..

The man is stone.friggin’.blind. —– Well, partially blind according to what I have read.

I have a rule, when it comes to blogging, writing and just life in general, and that rule is this; you just do not mock, bad mouth, or generally give a hard time to the handicapped. You just do not do that. I do not care what Mr. Dale said. He is blind, you do not mock the handicapped. If Mr. Dell would have said that he thought President Obama was Jesus Christ; I would feel the same way.

I hate to be the one to say this, but I think my fellow Conservatives need to go back and read books on manners. Because really, we are making our cause look horribly bad, at this point. Yes, I know what liberals did to John McCain during the election; So what? Does that make it automatically okay for we Conservatives, who are supposed to be better than the morally depraved liberals, to mock someone who has a handicap, that he has no control over? Not the last time I checked.

Sorry guys, whoever thought that it would be funny to bring this up, obviously did not look at the tape, and notice that they were about to mock a man, who was, essentially blind.  Sorry to say it; but mocking the President is fair game, mocking his policies is also fair game. But mocking a man who has been blind his entire life, that is off limits in my book.  As someone who has a developmentally disabled aunt, doing this sort of a thing is just god-awfully wrong.

I say this, because on a former blog, that I used to run; before it was hacked. I made one of those sort of mistakes, one so horrible that I do have the stomach to even mention what it was, mostly because I am ashamed of it. Let me just put it to you this way; remember what Ann Coulter said to that disabled vet, that go her tossed off of MSNBC for a long time? Remember what Michael Savage said that got his late night TV program cancelled? Something along those lines. Oh Yeah, I screwed up bad, and made many people angry for it; Mostly Conservatives.  How is it that they now can mock this blind man, and it is okay? I just do not get it.

Anyway, There is my reason for not mocking Kareem Dale. I just wish others felt like I do. Maybe, just maybe our movement would be taken seriously again.

Some Conservatives that need to learn this:: The Atlanticist, Outside The Beltway, PoliGazette, Jules Crittenden, Scared Monkeys, TBogg, Fausta’s Blog, Weekly Standard, Sister Toldjah and Brutally Honest (Via Memeorandum)

Uh-Oh – Iran carries out Airstrikes on Iraqi Kurdish Villages

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Oh boy, this is going to throw a monkey wrench into the plans of the Obama Administration:

Iranian aircraft attacked three villages inside Iraq over the weekend. The airstrikes — Iran’s first on Iraqi soil since the U.S. invasion — could complicate the Obama administration’s efforts to normalize relations with Tehran.

“The bombardments appeared to have targeted the Party of Free Life of Kurdistan (PJAK), an Iranian Kurdish separatist group which has launched attacks on Iran from rear-supply bases in the mountains of northern Iraq,” AFP reports. Iran has attacked the Kurdish group before, with artillery. But this is the first time the Iranians followed up, with assaults from the air.

“The incident comes a week after reports of a clash between Iranian police officers and suspected PJAK fighters in the country’s western province of Kermanshah,” Al-Jazeera reports. “At least 10 policemen and 10 fighters were killed in the gun battle.”

Details on the airstrikes remain sketchy. Voice of America says the attacks were carried out by helicopters, which remained in Iranian airspace. Al-Arabiyah television, on the other hand, says it was “Iranian planes [that] raided those villages.”

via Iran Launches Airstrikes on Iraqi Villages | Danger Room.

Hmmm… Did not President Obama say this at one point?

Sounds like Barry is now going to get a full dose of reality, when it comes to Iran and their way of doing business. I wonder what he will do? Possibly employ some smart power and leadership to the situtation? Will he call for a meeting with the top military brass and make a decision based on the interests of the United States?

Obama

Don’t bet on it, he’s too busy out taking a stroll with his American-Hating, White Man-Hating Wife.

I am afraid that this is what the next 4 to 8 years is going to be like. International Threats and a Liberal President who is more interested in making photo ops that he is trying to defend our nation and interests. All the while spending this country into a giant economic hole. I am just glad, that I did not vote for the man; I couldn’t, I would not be able to live with myself, if I had of.  The man is obviously not qualified for the office; and I am not talking about the Birth Certificate thing either. I am just referring to the man’s ability to lead the country. President Obama is a complete buffoon, who landed this election because of his skin color.

This should be a very interesting story to watch and follow. If it is not buried by our drool bucket Liberal Media. 🙄

Updated: Communism Unleashed: The White House threatens Chrysler investors

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Now this here is a bunch of Bull. My Dad’s a Union man, But, I think even any Democrat, that even has an ounce of a brain. Would think something is wrong with this.

The relevant part is around the1:30 mark: (H/T to Island Turtle)

[podcast]http://wjrpodcasts.com/podcasts/frankbeckmann/Lauria-050109.mp3[/podcast]

Lauria: Let me tell you it’s no fun standing on this side of the fence opposing the President of the United States. In fact, let me just say, people have asked me who I represent. That’s a moving target. I can tell you for sure that I represent one less investor today than I represented yesterday. One of my clients was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under the threat that the full force of the White House Press Corps would destroy its reputation if it continued to fight. That’s how hard it is to stand on this side of the fence.

Beckman: Was that Perella Weinberg?

Lauria: That was Perella Weinberg.

Now, let me be clear here; I am all for saving of jobs. But communist-style strong arm tactics, is just damned wrong. Of course, you’ve got your liberals who arm dismissing this. But folks, this is serious. What if you had a contract or an investment and it was ripped away from you? I suspect many of you would be ticked! I know I would be. Of course, our feckless Liberal media is not touching this, at all. Not that I am surprised.

If this is what the next four years is going to be like, I fear for this country. 🙁

Update: Via Jack Tapper: The White House is now denying the charges:

A leading bankruptcy attorney representing hedge funds and money managers told ABC News Saturday that Steve Rattner, the leader of the Obama administration’s Auto Industry Task Force, threatened one of the firms, an investment bank, that if it continued to oppose the administration’s Chrysler bankruptcy plan, the White House would use the White House press corps to destroy its reputation.

The White House said the story was false.

“The charge is completely untrue,” said White House deputy press secretary Bill Burton, “and there’s obviously no evidence to suggest that this happened in any way.”

I do not buy that at all, sorry. Neither does Ed Morrisey over at HotAir.com:

No evidence?  What about Lauria’s personal testimony?

Meanwhile, Tommy Christopher — who actually reports from the White House — dismisses the charge:

As far as the “threat” Lauria alleges, it sounds an awful lot like someone told his client that public opinion would not likely be favorable to people who would obstruct a fair deal to save Chrysler. That’s not a threat, it is a reality. It’s no more a “threat” than John McCain’s campaign promise to make earmarkers “famous.”

Apples and oranges.  McCain threatened to make public officials “famous” for wasting taxpayer money.  The Obama administration allegedly threatened to use the WHPC to destroy the reputations of private citizens as a punishment for not relinquishing their contractual rights for having helped float Chrysler.  There’s a huge difference between the two.

Indeed, the White House just got caught with it’s proverbial “Britches” down and now they’re spinning and denying. Kind of like the stuff that President George W. Bush used to do, but now it is on the other side. The difference is this. Had this been Bush’s White House and the person being threatened was a Environmental company? It would have been front page news. But because it is a big old mean “Rich” investor, it is a Conservative story. Oh, the irony and hypocrisy of it all.

Others:Politics Daily, Hot Air, Political Punch, , Pajamas Media, Gateway Pundit, Reason, Clayton Cramer’s BLOG, NewsBusters.org, Instapundit, Nice Deb, Founding Bloggers and BizzyBlog

America-Hating First Lady has a shoe fetish

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Great, the first black First Lady, who hates America and white people with a passion, has a shoe fetish.

Michelle Obama has taken casual to a haute new level.

While volunteering Wednesday at a D.C. food bank, the First Lady sported her usual J.Crew

America-Hating black bitch

America-Hating black bitch

cardigan, a pair of utilitarian capri pants and, on her feet, a sneaky splurge: trainers that go for $540.

That’s right: These sneakers – suede, with grosgrain ribbon laces and metallic pink toe caps – are made by French design house Lanvin, one of fashion’s hottest labels. They come in denim and satin versions, and have been a brisk seller all spring.

They’re out of stock at posh Meatpacking District boutique Jeffrey, and Barneys New York boasts a limited selection of the sneaks, which are a cult favorite among fashionistas.

It’s likely Michelle got hers through Ikram, the Chicago retailer that often outfits her.

“They’re shoes,” the First Lady’s reps sniffed when curious reporters inquired about the fancy footwear. – Via New York Daily News AKA Obama Slobber Liberal News

Michelle Malkin, Aka the “other” Michelle, points out the fact that one of Obama’s biggest videos, used against John McCain was the following. As a side note, Michelle Malkin does not have the goodamned balls to criticize Michelle Obama. What the hell is wrong with you woman? You don’t have the goddamned balls to call this woman what she is? She’s an America-Hating Negro First Lady, who hates White people and anyone else, who isn’t black; not to mention she hates any sort of success by White Americans, this is why she favors taking thier damned money, just like her useless Husband. So, Michelle, grow a damn pair and call it like it is, “sweetie”.

Here’s the video:

So, yeah, Michelle Obama is one thing and one thing only, An self-loathing, American-Hating, Black BITCH who has a shoe fetish. Joy. …and while white people; like me, are out of work, and living hand to mouth. I guess she sees this as punishment for what my ancestors did to her people. Good going ancestors; if we’d just left thier dumb asses in Africa, we would not be in this position in the damned first place.

Just letting my readers know, I’m closing the comments on this one, because I do not want to have to deal with the idiot liberals, who will most likely want to come here and cause trouble. Because I am no mood to battle with brain-dead idiots.

Others:JustOneMinute, Michelle Malkin, Hot Air, Fausta’s Blog, RedState,  Moonbattery, Don Surber, Brutally Honest and 24Ahead

Some are warning that Hyper Inflation is coming

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Not sure if I agree with this or not, because I do not believe that we can predict this sort of a thing; but it is a interesting read.

Those who refuse to learn from history are doomed to repeat it, said George Santayana, the philosopher. But this familiar maxim is being ignored this week by President Barack Obama and his fellow Democrats on Capitol Hill this week as they complete action on the chief executive’s proposed 2010 federal budget. With its unprecedented deficit approaching $2 trillion, this budget proposal is a certain prescription for hyper-inflation. So every senator and representative who votes for this monster $3.6 trillion budget will be endorsing actions that will turn America into the next Weimar Republic. For those too young to remember, that was the period in Germany in the years between the two world wars when people needed wheelbarrows full of money to buy a loaf of bread.

In a 1993 interview, Harvard law professor Friedrich Kessler described what living with Weimar hyperinflation was like: “It was horrible. Horrible! Like lightning it struck. No one was prepared….The shelves in the grocery store were empty. You could buy nothing with your paper money.” Thanks to the expanding profligacy on Capitol Hill, a version of such economic hell will likely happen here, according to two prominent economists. Johns Hopkins Professor Steve Hanke notes that the Federal Reserve’s balance sheet “has more than doubled in size since August…Unless the Fed shrinks its balance sheet,” he warns, “…inflation will roar back with a vengeance.”

via www.washingtonexaminer.com – Get ready for Obama’s coming hyperinflation.

Instapundit says that you do see gold prices going up, which might be a sign that the tea leave readers are shoring up, in case of a massive collapse. It is an interesting read. Some would say that this is nothing more than mas hysteria. by the dooms day folk. But it is an interesting fact that Obama has pour massive amounts of money into the system. It should be interesting to watch.

Update: Instapundit comments: “Actually, my point was that gold prices haven’t gone up particularly, as one would expect if hyperinflation were coming. Or, at least, if a lot of people thought it was coming.”

I stand corrected. Wow, The Glenn Reynolds commented on my Blog. SillyHypnotized I’ll never wash this Blog posting, ever. Winking I guess he does read his incoming links! Surprise

Local Auto News: Chrysler looking at Bankruptcy

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A pretty sad thing to wake up today. However, I am sorry to say this, but I knew it was coming. Chrysler never was able to get their act together; unlike G.M. and get a resolution together.

The Report comes via the Washington Post, I won’t quote the whole thing and I kindly ask that you go over and read the whole thing. But rather, I will give some my impressions from the interesting stuff.

My impressions:

The Obama administration last night planned to send Chrysler into bankruptcy, replace chief executive Robert L. Nardelli and pump billions of dollars more into the effort, all in hopes the company can emerge from court proceedings as a reenergized competitor in the global economy.

Government officials clung to 11th-hour hopes last night that bankruptcy could be averted, but talks broke down with Chrysler’s creditors. A bankruptcy filing could happen as soon as today.

The U.S. government’s attempt to save the automaker amounts to another extraordinary intervention in the economy and a landmark event in the history of the American auto industry.

Under the administration’s detailed court strategy, ownership of Chrysler would be dramatically reorganized, the leadership of Italian automaker Fiat would take over company management and the U.S. and Canadian governments would contribute more than $10 billion in additional funding.

Company and government officials had feared that a bankruptcy would stain the brand, shake customer confidence and erode sales, but the administration said it would seek to use the process to create a new Chrysler company. Its ownership would be divided, with the company’s union retiree health fund receiving a 55 percent stake, Fiat would claim as much as a 35 percent share and the United States would take 8 percent. The Canadian government would receive two percent.

Basically this is what General Motors did voluntarily. Minus the Fiat equation, of course. It is a tough break that the creditors, bond holders, and company management could not come together to an agreement.  The main and good thing is, that the automaker, itself, will be saved, and that American jobs will be saved.

Now comes the part that will make people like Sean Hannity, Rush Limbaugh, Michelle Malkin, and the rest of the far right wing people howl at the moon:

The automaker’s current majority owner, the private-equity firm Cerberus Capital Management, would have its holdings wiped out.

Now, to be fair; I will report the truth about this holdings company. This company, from what I have read and have been told; is notorious for buying up struggling companies, like Chrysler and shutting them down and selling off the assets to make money. They have done this in past, from what I told. So, while I hate to see anyone lose their money. I actually am glad to see Chrysler being taken away from this company.

Let me also say this. As an Conservative, who believes in “America First”, and believes that business sometimes have to fail; I am not exactly jumping for joy, when it comes to fact that this auto company is having taxpayer dollars being pumped into it. Nor am I happy at the fact, that a US automaker is having a foreign auto company’s management taking over its operations. However, I believe we must be realistic about such matters. We are not living in the 1950’s any longer, we are in a economic recession of monumental proportions, and if we do not drastic measures quickly, we could see a total collapse of the American auto industry. I also know that there is a undeniable truth that “as Detroit goes, so goes America.” Pat Buchanan and I, have been saying this all along; if allow the big three or in this case, the big two to disappear our Nation’s economy would go into free fall. I shudder in absolute horror at the thought of the far reaching implications of such an event.

I will say, as a devout Paleo-Conservative; If we would have rejected the globalism of the Rockefeller-type conservative types and would have imposed strict trade restrictions on Japanese and other such foreign automotive products, these auto companies would not be in the position that they are today.  It is because of the Rockefeller-type, Madison Avenue, Neo-Conservatives, whose mantra is “screw the American middle class”, is the reason we are in this position today.  Further more, it is the reason that the world is also partaking in our recession as well.  Perhaps President Obama will see the state of our globalist economy and will rethink his position on NAFTA and TAFTA and the rest of those toxic free trade agreements that are in place; and impose strict tariffs on imports that are bleeding our economy dry.

Realistically however, I highly doubt that President Obama will do any of that, because he is trying to run as a centrist, or as I like to call it; he is sucking up to the Neo-Conservative right, as they are his biggest supporters, strangely, after trying so very hard to defeat him in the election. Of course, we Paleo-Conservatives know why this is; because the only difference between a Neo-Conservative and a Democrat is the letter next to the name.