Is found, right here. (Language Warning!)
Oh my Goodness that is pee in the pants Funny! 😆
(H/T The Corner)
Tag: Democrats
So much for Obama’s Christianity…
I must confess… When I read this little gem, I let out a snort:
In an age when people are naturally preoccupied with the coldly rational reality of a troubled economy, it is reassuring to know that the finer details of political theology are still subject to debate. According to a recent statement out of the Vatican, President Obama appears to have a passing interest in medieval gnosticism. Father Raniero Cantalamessa, a preacher to the Pontifical Household, has stated that the president referred to Joachim of Fiore (1135-1202) at least three times in his speeches during his election campaign. This Cistercian abbot with a heretical reputation was praised by Obama as a “master of contemporary civilization” who sought to create a better world.
The reason why this strikes me as so funny is because during the election, there were so many people falling all over themselves declaring that Obama was some sort of “Born Again Believer.” I said at the time and I’ll say it again; According to which Bible? Not the one I read! That is for sure.
Judgmental? Hardly. I base what I say upon the Bible, and according to those standards, Obama falls dreadfully short.
North Korea Launches Rocket, Obama and World React
Something tells me that this is either going to be a whole bunch of nothing or this is going to escalate into a big bunch of ugly:
North Korea defied the United States, its allies and a series of U.N. resolutions by launching a rocket on Sunday that it said propelled a satellite into space but that much of the world viewed as an unsuccessful effort to prove it is edging toward the capability to shoot a nuclear warhead on a longer-range missile.
The United States Northern Command issued a statement that North Korea’s Taepodong 2 missile flew over Japan, with its payload landing in the Pacific Ocean. “No object entered orbit and no debris fell on Japan,” the assessment said.
Still, the launching drew swift international condemnation and prompted the U.N. Security Council to convene an emergency meeting on Sunday in which the United States, Japan and South Korea vowed to penalize the North.
Meanwhile here is President Teleprompters Response:
More bluster and bravado from a empty suit. The worst that is going to happen is that the U.N. will send a letter to the North Koreans and tell them; “Now if you will agree not to do that again and we’ll send you more money!” and they will stop for a short while and then when they need more money, they will launch another rocket like this and the process will repeat again.
It would be simple minded of me to just sit here and say that the United States should just nuke North Korea off the map. That might work in simplistic terms, but when you really get into the meat of this matter, it is very complicated. Because North Korea is being backed by China and Russia, and if we started launching warheads into North Korea, China and Russia would start launching missiles at us! This is why the U.N. and the United States have been urging Japan and South Korea to show restraint.
Luckily for us, South Korea and Japan, along with the rest of the U.N. have been showing the uttermost restraint. I will say this about our President, if does have any clear leadership abilities, he had better start showing them now, because this little incident right here is no laughing matter. If he does have the steel in his backbone as Vice-President Biden says he does; he has better start showing it and better yet start using it.
Mr. President, if you ever happen to read this; the time for political bluster and childish games with the Republican Party is over. The campaign is now officially over. Now is the time, for steel-eyed leadership, American grit and determination that America’s interests come first. For the sake of the American people, for the sake of the stability of the entire world, for the sake of peace throughout the world, for the sake of Almighty God; LEAD!
Another Police Shooting in Pittsburgh, Man Paranoid about Obama, Liberal Bloggers Blame Conservative Media
This is sad. 🙁
Pittsburgh police say a man wearing a bulletproof vest opened fire on officers during a domestic disturbance call, killing three of them.
Police chief Nate Harper says the motive for Saturday’s shooting isn’t clear.
Friends say the gunman recently had been upset about losing his job and that he feared the Obama administration was poised to ban guns.
The three dead officers are Eric Kelly, Stephen Mayhle and Paul Sciullo III. Kelly had been on the force for 14 years and the other two only two years each.
Another officer was shot in the hand and a fifth broke his leg on a fence.
The gunman, 23-year-old Richard Poplawski, was arrested after a four-hour standoff.
It’s sad, but it is also sick; it seems now that some Liberal Bloggers are now blaming the Conservative media for this shooting. Which I think is a bunch of bull crap. As much as I know that it ticks off the left, but the truth of the matter is this. If someone is going to grab a gun and kill someone, they are going to do it regardless if they listen to Sean Hannity, Rush Limbaugh, Randi Rhoads or Stephanie Miller.
The point here is this, this dude and the dude in New York had issues, seriously bad mental issues. The sad part is, that he had access to firearms. The State of Michigan and I assume the State of New York and Pennsylvania have very good gun laws that keep people from getting guns that have diagnosed mental illnesses. However, it cannot stop people who have issues that are not diagnosed. I mean, the Government is not a mind reader. The sad part is, that Liberals are going to use this as some sort of sick excuse to rally for more Governmental regulation and stripping of our Gun rights. I am afraid that is this simply not the answer.
The truth of the matter is that there are mentally ill people out there and they are going to do stuff like this, it is just a fact of life. I just do not buy the idiotic notion that the Conservative media, Glenn Back, Sean Hannity or any of the rest of them are to blame. There are millions of sane, rational people that listen to these programs on a daily basis and they have never done anything stupid like this.
Another thing that highly annoys me is this; is how the Media is trying to engage in the profiling of the shooter in New York. He is being described is a quiet type, who harbored some hatred towards America. Well, let me be the first to say that, I am, in fact, a quiet type. I’m not a Fred Flintstone type. I keep to myself, I’m not very outgoing at all. Hey, I am unemployed, except for this Blog. I don’t drive around wasting gas, it is called being smart and frugal. I feel like people with personalities like mine are simply unfairly being singled out. There’s nothing wrong with being an introvert. We quiet people tend to be thinkers. I also, the portrait being painted about those who value their gun rights is totally unfair. I believe in the second amendment, if I were living along, I would own a gun, I would register it; as I believe in complying with the law.
I just do not understand why the Left Wing Media and the Liberal Bloggers are using two major tragedies like these to try and further an anti-gun agenda and a Conservative Media hysteria agenda. It does sort of remind me of the Jewish hysteria agenda that Hitler started in Germany.
Update: Flopping Aces makes a very valid point, in reaction to this here:
I’m sorry, didn’t hear that kind of statement when this happened.
Update #2: There is now a facebook page with a petition to get the shooting in PA; Richard Poplawski charged with Capital Murder. I’ve signed it, I suggest you do as well. No matter what political stripe you are, this guy commited murder. He should be punished with such.
Even More Professional Behavior from President Teleprompter
This is unbelievable:
The bankers struggled to make themselves clear to the president of the United States.
Arrayed around a long mahogany table in the White House state dining room last week, the CEOs of the most powerful financial institutions in the world offered several explanations for paying high salaries to their employees — and, by extension, to themselves.
“These are complicated companies,” one CEO said. Offered another: “We’re competing for talent on an international market.”
But President Barack Obama wasn’t in a mood to hear them out. He stopped the conversation and offered a blunt reminder of the public’s reaction to such explanations. “Be careful how you make those statements, gentlemen. The public isn’t buying that.”
“My administration,” the president added, “is the only thing between you and the pitchforks.”
via Inside Obama’s bank CEOs meeting – Eamon Javers – POLITICO.com.
Talking about cashing in on the public outrage! What’s more is this one here:
There were signs from the outset that this was a business event, not a social gathering. At each place around the table sat a single glass of water. No ice. For those who finished their glass, no refills were offered. There was no group photograph taken of the CEOs with the president, which typically happens at ceremonial White House gatherings but not at serious strategy sessions.
“The only way they could have sent a more Spartan message is if they had served bread along with the water,” says a person who attended the meeting. “The signal from Obama’s body language and demeanor was, ‘I’m the president, and you’re not.’”
Way to go there Mr. Bambi, piss off the very people that made you on wall street. What more do the people need to see, to realize that electing this buffoon was the biggest mistake America ever made?
You know, I criticized Bush relentlessly during the man’s time in office. But the actions of this new President is starting make me really wonder just how better off we truly are. I mean; this guy is right now over in Europe, and now going to France to make speeches saying that the United States of America was arrogant?? I have to admit, I do not always agree with Sean Hannity, But tonight he was spot on. Obama ought to be impeached for treason, first for bowing an Arab leader and then going overseas and basically sounding like the Dixie Chicks! I am, quite frankly, surprised that our media here has given him a pass on that one. But then again, when you are in the tank for the guy. What can one expect??
Not to mention that, he is spending like a drunken sailor, which is going to weaken our dollar. It is truly unbelievable.
You see people want to say that Bush caused all this economic recession, and that’s just flat out horse hockey! Bush did not cause this recession, Bill Clinton did! Clinton was one the one who placed the high pressure on the big lending institutions, like Freddie Mack and Fannie Mae to give loans to those who could not normally afford them. Then the people on Wall Street, thanks to the stupid deregulation of the Markets, cooked up these crazy credit swaps. Bush’s White House saw the impending disaster and warned sternly the Republican controlled Congress that there were signs that the Markets are showing signs that there was about to be a serious problem. This was in 2003, Congress then began an investigation and the then President/CEO or whatever the hell you call him, who was black, did what any black person does when they’re under the gun. He played the race card. Rep. Barney Frank sat right up there and said there was no crisis.
So, this whole notion that is being peddled by the Democrats is totally false and is basically revisionist history. No wonder Bill O’Rielly flipped out on Barney Frank. Because the man is a damned liar. As are the Democrats in general. But yet, the President can sit there and act like a total asshole?!?! It was his party that created this whole mess!
Unbelievable, just totally unbelievable.
The Southern Avenger on “Steadfast Sanford”
When hundreds of protesters showed up at the South Carolina statehouse to protest Gov. Mark Sanford’s refusal to accept $700 million in federal stimulus, it was worth noting how Sanford doesn’t represent economic disaster – but perhaps the only chance we’ve got.
The Article referenced in this Video is found here
Oops! White House Reporters call in to talk to Hillary…Get Phone Sex Operator Instead!
The Jokes write themselves:
Journalists seeking to talk a little foreign policy with high-profile Obama administration officials live from the G20 meetings in London this week were solicited for phone sex instead after ringing up the toll-free number given by the White House.
In a press release, the White House accidentally listed a sex line number for journalists seeking an “on-the-record briefing call with Secretary of State Hillary Clinton and National Security Advisor Jim Jones to discuss the NATO summit.”
But after dialing, a soft-voiced female recording that was clearly not Clinton asked for a credit card number if you “feel like getting nasty.”
After several efforts to make sure that the phone number was correctly dialed, a call to the White House resulted in a corrected press release. “If you are having trouble dialing into the call, please try this number as an alternative,” and listed the international line included for reporters abroad to dial.
By this time, the conference call was already under way.
Asked for comment about this mishap, Deputy White House Press Secretary Bill Burton responded: “A corrected phone number on a press release is probably one of the stupider things FOX News has covered lately.”
via White House Corrects Conference Call Number After Directing Reporters to Sex Line – FOXNews.com.
I will admit, when I saw this one, I did do the teen-like outburst of “BWAAAAAAHAHAHAHAHAHAHAHAHAHA!”
…and besides all that, getting nasty….:
With HER?!?!?!?!
Not in this lifetime sweetheart!
Update: Fixed title and spelling error. Ooops! 😆
Others: The Jawa Report, Caleb’s blog, Pajamas Media, Daily Dose, JammieWearingFool and New York Post
Justice is Served -Blagojevich, brother and top aides indicted
One again, I have faith in our Nation’s justice system:
Former Gov. Rod Blagojevich, his brother, and a former top fundraiser were among six men indicted today on political corruption charges, the U.S. attorney’s office in Chicago announced.
In addition to Rob Blagojevich, 53, and fundraiser Christopher Kelly, 50, charged were Lon Monk, 50, a lobbyist and former Blagojevich chief of staff; John Harris, 47, also a former chief of staff to Blagojevich; and William Cellini, 74, a Springfield insider for decades.
The sweeping indictment comes four months after Blagojevich was arrested and charged with engaging in pay-to-play politics in a major federal complaint that accused him of trading state jobs, contracts and regulatory favors for campaign contributions.
via Blagojevich, his brother, top aides indicted – Chicago Breaking News.
Let’s hope that this fool gets sent up the river for a long time.
Others: Hot Air
Obama Bows to his Arab Masters
Seriously.
The Video:
Hmmmm, Maybe this woman was correct after all, it’s 0:53 into this video:
Disgraceful. President Obama should be impeached on charges of TREASON! For bowing to a foreign leader. The Bastard. 😡
Of course, when your middle name is Hussein and you will not release your original birth certificate, what else can one expect? Maybe he was paying homage to his REAL ethnic heritage? You can prove me wrong, Barry, anytime you like, by releasing the original. But we all know that Barry will not do that. Because he knows what he is hiding. 😡
Update: A kind thank you to Gabe over at Memeorandum for the pull!
Others: Whiskey Fire, Flopping Aces, Fausta’s Blog, The Powers That Be, Jihad Watch, Moonbattery, PoliGazette, Commentary, Michelle Malkin, Hot Air, Creeping Sharia and Gateway Pundit
Negro Kentucky Columnist Attacks Michelle Malkin
Well, it seems that the myth that Barack Hussein Obama was going to usher in a new era has been officially disproved.
Some unknown hosebag negro who thinks she can write has attacked Michelle Malkin.
Columnist Betty Beye writes:
Flummoxed.
I don’t recall ever using that word before in a column, but it’s a great description of how some folks are behaving toward President Obama and First Lady Michelle Obama…
…To be sure, the flummoxed come in all shapes, sizes and colors. There’s Rush Limbaugh, the perpetually angry white guy, and Michelle Malkin, the acidic Asian-American columnist, who has written that the mere sight of Michelle Obama on a video frightened her young son. And don’t forget Thomas Sowell, the African-American economist and syndicated columnist. All are apoplectic about Barack Obama’s rise.
Flummoxed.First of all, Michelle Malkin is an American. You would never see here call herself a Asian-American or Philippine-American or any of that sort. She’s a true-blue American who has assimilated our culture, Unlike the Negro Liberals who want to hold on to thier African culture and want to try and change OUR culture here in America. Of course, you would have known this; if you would have stopped eating your Cheetos and drinking your grape Kool-Aid long enough to get off your lazy butt and actually do some research on Michelle Malkin. [Fixed: thanks to commentor
It amazes me that people like this women here, are so damned Jealous of Michelle’s success as a syndicated Columnist and Conservative Blogger, that they have to stoop to the low brow attacks.
Nothing pisses me off more than a uppity black woman with an attitude. Kind of like Michelle Obama. 🙄
Update: I know some idiot Liberal is going to read through my Blog and see this here, and most likely attack me for it. Well, let me say this here. I wrote this article in the confrontational style that I did because of this woman’s obvious racist comments in her column. “Angry White Man?” and “Asian-American?” and even going as far to slam a fellow Black man, because he doesn’t get in line with the Liberal thought process? Isn’t that a plantation mentality? Isn’t that a facist mantality? Anyhow, I didn’t let the racist crap fly in the posting linked, because my fight with Black Liberal is not about SKIN COLOR, but about thier stupid liberalism. Period. End of Story. My Blog, My Rules, Trolls not wanted or needed.
RedState Update on “Obama Gives iPod To Queen”
Did Obama screw up by giving the Queen an iPod? Jackie and Dunlap weigh in.
Is the Obama Administration letting G.M.’s New C.E.O. do it’s dirty work for them?
Full Disclosure: My Father is a Retired General Motors Worker and U.A.W. Member.
——-
It sure as heck looks that way to me here.
The reason I ask this question is because a new report from CNBC that the new C.E.O. of GM is essentially saying that bankruptcy is the only option:
General Motors’s new chief executive told CNBC that filing for Bankruptcy may be the best option for the struggling automaker.
In a taped interview to be aired tonight on NBC Nightly News, Fritz Henderson said that because of greater demands from the Obama administration to restructure, GM is considering the bankruptcy option. The auto giant previously had ruled out such a move, saying it would discourage people from buying GM cars.
Henderson’s comments came after President Obama bluntly rejected turnaround plans by GM and Chrysler and demanded that both companies make fresh concessions in order to get more federal aid.
Henderson, who was GM’s president and chief operating officer, was named the new CEO after the government forced the resignation of CEO Rick Wagoner on Sunday. GM’s board is also being restructured.
Henderson told reporters that the company would still prefer to restructure outside of court, but the level of support Washington is offering would help the company quickly restructure through bankruptcy.
Henderson says GM needs to work faster and go deeper to get more concessions from bondholders and the United Auto Workers union. President Obama has demanded that GM come up with a better restructuring plan in 60 days in order to qualify for more government aid.
I find it very interesting that President Obama, instead of doing the dirty deed himself, ousted the CEO of G.M. and basically has let the new G.M. head honcho be his fall guy for basically screwing the bond holders and also the unions. This way, Barry comes off clean. It is a strategy that is quite slick, quite risky; but none the less slick.
The Wall Street Journal has more:
Inside a windowless, ornate room Thursday just across from the Oval Office, President Barack Obama and a group of senior economic advisers began the job of remaking the American automobile industry.
The first order of business: Oust General Motors Corp. Chief Executive Rick Wagoner.
It “wasn’t the hardest decision,” said one government official.
Steven Rattner, a former investment banker who is heading the administration’s auto restructuring; chief economic adviser Lawrence Summers; and Treasury Secretary Timothy Geithner were among those gathered around the polished wood table of the Roosevelt Room in the White House’s West Wing. They were there to decide under what conditions the government would continue to prop up once-powerful Detroit car companies GM and Chrysler LLC.
In the post-World War II boom, they were at the pinnacle of a quintessentially American industry. At Thursday’s meeting, once the Obama administration concluded the pair were running out of money, their effective dismantling began.
Beyond seeking Mr. Wagoner’s resignation, the officials also gave failing grades to GM and Chrysler for the restructuring plans they submitted to the government Feb. 17. They also set a deadline — one month for Chrysler, two months for GM — after which the government might force a bankruptcy restructuring of both companies and break up two of America’s business icons.
Many of GM’s problems didn’t start during Mr. Wagoner’s term, and most predate the economic downturn that sent car sales slumping, such as union contracts and the costs of paying for retiree health care. GM made a bad situation worse with huge bets on trucks and SUVs that piled up on dealer lots amid soaring gas prices last year.
While I will be the first to tell you, that General Motors has had its own share of issues. What Barack Obama did to G.M. and by proxy to the Union members and Employees of the company; was just flat out cowardly. Instead of forcing General Motors into bankruptcy himself. Obama is allowing the new head honcho of the company and his Auto Czar; do it for him. This way Obama does not burn through his political capital as quickly and more or less comes out looking like the hero. Of course, President TelePrompter will say that he inherited this mess, and by rights he did. But to pass off the basic executing of a company and it’s people to someone else, is quite the cowardly move in my book.
Hey Barry, If you ever happen to read this; Grow some freaking Gonads,will ya? I mean, come on. If you going to screw the American worker; why not do it yourself? Instead of letting your damned patsies do it for you. Just a thought.
David Horowitz, A Concern Troll?
Wow, I must admit, I did not see this one coming, at all. 😮
I have been watching an interesting phenomenon on the Right, which is beginning to cause me concern. I am referring to the over-the-top hysteria in response to the first months in office of our new president, which distinctly reminds me of the “Bush Is Hitler” crowd on the Left.
Speaking of this crowd, have you seen any “I am so sorry” postings from that quarter as Obama continues and even escalates the former president’s war policy in Afghanistan and attempts to consolidate his military occupation of Iraq?
Conservatives, please. Let’s not duplicate the manias of the Left as we figure out how to deal with Mr. Obama. He is not exactly the anti-Christ, although a disturbing number of people on the Right are convinced he is.
I have recently received commentaries that claim that “Obama’s speeches are unlike any political speech we have heard in American history” and “never has a politician in this land had such a quasi-religious impact on so many people” and “Obama is a narcissist,” which leads the author to then compare Obama to David Koresh, Charles Manson, Stalin and Saddam Hussein. Excuse me while I blow my nose.
via FrontPage Magazine.
Well, I won’t sit here and lie, I see his point. It’s a valid one too. If the far right would do their legit jobs and point the fallacies in Obama polices, instead of trying to prove that he’s anything from an alien to the Anti-Christ, they’d would be doing something.
Others: Pajamas Media, pw and Little Green Footballs
President Barack Obama asks G.M. CEO Rick Wagoner to resign
Full disclosure: My Father is a Retired G.M. Employee and a member of the United Auto Workers.
I have known about this for a while. I’ve just been waiting for as much info as I could get, before doing a post on it.
Originally Via the Politico:
The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.
On Monday, President Barack Obama is to unveil his plans for the auto industry, including a response to a request for additional funds by GM and Chrysler. The plan is based on recommendations from the Presidential Task Force on the Auto Industry, headed by the Treasury Department.
The White House confirmed Wagoner was leaving at the government’s behest after The Associated Press reported his immediate departure, without giving a reason.
General Motors issued a vague statement Sunday night that did not officially confirm Wagoner’s departure.
“We are anticipating an announcement soon from the Administration regarding the restructuring of the U.S. auto industry. We continue to work closely with members of the Task Force and it would not be appropriate for us to speculate on the content of any announcement,” the company said.
The surprise announcement about the classically iconic American corporation is perhaps the most vivid sign yet of the tectonic change in the relationship between business and government in this era of subsidies and bailouts.
Reaction from the Conservative Blogsophere has been predictable negative. Also I have observed via the local media, that some auto workers are not happy about the President asking a C.E.O. to resign.
I have an opinion on this. It is simply this. I want to wait and see what happens. I do not want to pass judgment upon this until I see what is going to happen. This could be a bad thing and then again, it could be a very good thing. I shall, like many from this God-Forsaken part of the Country are playing the wait and see game.
Reaction to this from the Editorial board of the The Detroit Free Press is not a good one:
The risk was there from the start.
The federal money flowing to Detroit to help struggling automakers was always going to come with strings.
But there’s a fine line between holding General Motors Corp. and Chrysler LLC accountable for a pile of taxpayer cash and inappropriate government efforts to actually run the companies.
President Barack Obama’s Auto Task Force may have crossed that line over the weekend when it reportedly asked for GM Chairman Rick Wagoner’s resignation as part of a plan to get more aid to the struggling automaker.
It’s hard to see how canning the chief executive is far shy of actually running the company. And if that’s the case, if GM’s federal overseers are stepping up their efforts to actually manage GM through its restructuring, this sets an awful precedent, both on general principle and in this particular instance.
The principle at stake says government shouldn’t manage private businesses. GM has a board of directors that, no matter its many mistakes, is accountable for the company’s fate. The government should ensure the board doesn’t squander taxpayer funds, but that doesn’t include selecting the company’s leadership.
It didn’t for banks, mortgage companies or insurance outfits like AIG. Why should GM be treated differently?
Something tells me that there is going to be a huge blow back from this and it might just cost Obama a reelection, should be try and run in 2012.
Additional Coverage:
- Local: WXYZ-TV, WDIV-TV, FOX 2 Detroit, The Detroit News, The Detroit Free Press
- National: New York Times, Wall Street Journal, BloomBerg
Blogs:
- CNBC: General Motors’ CEO Rick Wagoner to Step Down
- Scared Monkeys: Obama Makes GM CEO an Offer he Cannot Refure … GM CEO Rick …
- Fausta / Fausta’s Blog: He who pays the piper calls the tune
- MSNBC: NBC: White House told GM boss to step down
- Ryan Tate / Gawker: With GM Ouster, Suck-Up Steven Rattner Finally Plays Hardball
- Roger Kimball / Pajamas Media: Comedy at Bloomberg — You have to love the deadpan humor …
- Drillanwr / Pat Dollard: Breaking: Obama Demands GM CEO Rick Wagoner Step Down Immediately
- Little Green Footballs: GM CEO Resigns at Obama’s Request
- Kim Priestap / Wizbang: GM CEO Rick Wagoner Resigning Upon Obama’s Orders
- Allahpundit / Hot Air: GM CEO resigns — at Obama’s behest
- Maha / The Mahablog: Glorious Revolution, Comrades!
- Karen DeCoster / LewRockwell.com Blog: Obama Fires GM Chairman and CEO
- Gaius / Blue Crab Boulevard: Command Economy — Anyone else troubled by this?
- Dan / Riehl World View: This Is Not Good — I don’t care what you think about Wagoner …
- Megan McArdle: Rick Wagoner is stepping down
- Holly In Cincinnati / The Moderate Voice: Resignation Rumored at GM [UPDATED]
- Krooney / TIME.com: GM CHIEF OUT — CEO Rick Wagoner is asked to resign as part …
- John Amato / Crooks and Liars: GM Boss is resigning
- Truthdig: GM Chief Booted in Bailout Deal
- BeltwayBlips: Wagoner Said to Be Resigning From G.M.
- Jawbone / Corrente: NPR reports GM’s Wagner to resign, no successor as yet; NPR sees …
- Barry Ritholtz / The Big Picture: Wagoner Out at GM — The White House asks GM’s Wagoner to step down:
The Southern Avenger on “AIG Bonuses are a Ruse”
How the controversy over the AIG bonuses imbedded in the stimulus obfuscate the root problem of spending in general.
The Economist wakes up from the Hope and Change Stupor
Looks like one the major media supporters of President Obama has basically said, “Well, perhaps not!”
But at home Mr Obama has had a difficult start. His performance has been weaker than those who endorsed his candidacy, including this newspaper, had hoped. Many of his strongest supporters—liberal columnists, prominent donors, Democratic Party stalwarts—have started to question him. As for those not so beholden, polls show that independent voters again prefer Republicans to Democrats, a startling reversal of fortune in just a few weeks. Mr Obama’s once-celestial approval ratings are about where George Bush’s were at this stage in his awful presidency. Despite his resounding electoral victory, his solid majorities in both chambers of Congress and the obvious goodwill of the bulk of the electorate, Mr Obama has seemed curiously feeble.
There is a great deal more over that at the article, I do encourage you to click the link and go over and read it. Some on the left would argue that the Economist is a “rich man’s” magazine. As much as it pains me to say this; when you have lost the rich elitist class, you start losing everyone else too. I say it pains me, because I have always had a problem with elitism. It just goes against my grain. I was not born into wealth, I was raised in a middle class family. Do not get me wrong, I do not fault people for being wealthy; because most of the time it is because someone, somewhere, worked their tails off to get that way. But the whole snobbery thing turns me off, in a big way.
Of course, and I say this with a bit of dread; because I know some moronic liberal is going to read this and go run to their fellow liberal blogger buddies and tell them that I am some sort of a racist, which is silly, anyone that knows me well, knows that I am not. —— This is what happens when a Political Party pushes a man out front of other more qualified persons and elects him. —– all because of his skin color. The painful truth that was very well articulated by another Democratic Party Candidate Geraldine Farrow; was that the only reason that Obama was where he was, was because he was black. This, of course, caused that race hustling crowd to break into a frenzy. In the end, this might have hurt Hillary’s campaign, but the underlining truth was totally cast aside. That Obama was being given a free ride, a free pass, or just treated differently, because he was black.
That not an observation made out of hate, racism or any of that sort of nonsense, it is one made simply based upon the facts. Anyone that takes anything other than this away from this Blog posting has got a serious problem.
Additional Coverage:
Jennifer Rubin / Commentary: Not Like We Didn’t See this Coming
Mark Steyn / The Corner: Missing the point — The Economist is the latest of the smart guys …
Other Blogs: Outside The Beltway, Hot Air, The Atlanticist, Stop The ACLU, Fausta’s Blog, pw, QandO, TIME.com, Pundit & Pundette
About Reid’s comments on Roberts
This is kinda odd.
Senate Majority Leader Harry Reid said Friday that John Roberts misled the Senate during his confirmation hearings by pretending to be a moderate — and that the United States is now “stuck” with him as chief justice.
“Roberts didn’t tell us the truth. At least Alito told us who he was,” Reid said, referring to Samuel Alito, the second Supreme Court justice nominated by President George W. Bush. “But we’re stuck with those two young men, and we’ll try to change by having some moderates in the federal courts system as time goes on — I think that will happen.”
Reid’s comments, which came during a wide-ranging discussion hosted by the Christian Science Monitor, reflect Democratic concerns that Roberts presented himself as a neutral arbiter of the law but has wielded a relentlessly conservative agenda. Republicans reject the attacks, saying Roberts has been a fair judge and has been consistent in his opinions.
via Reid: Roberts ‘didn’t tell us the truth’ – Manu Raju – POLITICO.com.
I guess my only question is, why’d Reid believe him in the first place? I mean, the dude is a Conservative. You’d think that even Liberal Reid would know not to take his word for it.
Others: Power Line, Weekly Standard, The Sundries Shack, Fox News, Sweetness & Light and The Corner
(Via Memeorandum)
Olbermann Watch must be reading my mind!
I swear, someone over at Olbermann Watch and possibly those over at HotAir must have been reading my mind last night. Yes, I did see the segment, when it aired and I thought, “Wait a Minute!”
The Video:
Plus, that whole twitter thing, was MSNBC’s all along… D’oh!
Keith, you’re slipping buddy. Gotta work that Magic Monkey ( 😮 ) act a little better….
The Southern Avenger on “What Happened to the War on Terror?”
On the sixth anniversary of the war in Iraq, why are the loudest champions of the War on Terror no longer talking about it?
President Barack Hussein Obama’s March Towards Communism
In all honesty…. it is more like a marathon run towards Communism actually.
Thanks to the stupidity of the Carter and Clinton Administrations and the inaction on the Republican controlled 2003 Congress. We are now becoming a Communist Nation. We have no one to blame, but ourselves.
The Communist owned Washington Post reports:
The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an administration document.
The government at present has the authority to seize only banks.
Giving the Treasury secretary authority over a broader range of companies would mark a significant shift from the existing model of financial regulation, which relies on independent agencies that are shielded from the political process. The Treasury secretary, a member of the president’s Cabinet, would exercise the new powers in consultation with the White House, the Federal Reserve and other regulators, according to the document.
The administration plans to send legislation to Capitol Hill this week. Sources cautioned that the details, including the Treasury’s role, are still in flux.
Treasury Secretary Timothy F. Geithner is set to argue for the new powers at a hearing today on Capitol Hill about the furor over bonuses paid to executives at American International Group, which the government has propped up with about $180 billion in federal aid. Administration officials have said that the proposed authority would have allowed them to seize AIG last fall and wind down its operations at less cost to taxpayers.
The administration’s proposal contains two pieces. First, it would empower a government agency to take on the new role of systemic risk regulator with broad oversight of any and all financial firms whose failure could disrupt the broader economy. The Federal Reserve is widely considered to be the leading candidate for this assignment. But some critics warn that this could conflict with the Fed’s other responsibilities, particularly its control over monetary policy.
The government also would assume the authority to seize such firms if they totter toward failure.
Besides seizing a company outright, the document states, the Treasury Secretary could use a range of tools to prevent its collapse, such as guaranteeing losses, buying assets or taking a partial ownership stake. Such authority also would allow the government to break contracts, such as the agreements to pay $165 million in bonuses to employees of AIG’s most troubled unit.
The Treasury secretary could act only after consulting with the president and getting a recommendation from two-thirds of the Federal Reserve Board, according to the plan.
Geithner plans to lay out the administration’s broader strategy for overhauling financial regulation at another hearing on Thursday.
You see folks, this is where it starts. They start seizing businesses, and taking the assets for themselves. Then the Government decides to take YOUR assets; because they happen to think that you are making too much money. What amazes me, is the resounding silence from the Republicans, especially the Neo-Conservatives like Michelle Malkin and over at HotAir.com. Could it be that the Neo-Conservatives secretly approve of such actions? Possibly the Republican Party as well? Could it be that the Republican Party is now infiltrated with Communists to the point of having lost it’s true identity?
You decide.
Others: The Moderate Voice, Reuters, pw, , The Strata-Sphere,Bloomberg, Washington Monthly, Pajamas Media, Right Wing News, Sweetness & Light, Neptunus Lex, Stop The ACLU, Sister Toldjah, and Fausta’s Blog
(Via Memeorandum)
Barry Continues to win friends
It is being reported in French paper Le Figaro:
Barack Obama a écrit à Jacques Chirac
Le président américain vient d’adresser une lettre «très sympathique » à Jacques Chirac, selon l’expression de ce dernier. «Je suis certain que nous pourrons au cours des quatre années à venir collaborer ensemble dans un esprit de paix et d’amitié afin de construire un monde plus sûr» , écrit le successeur de George W. Bush au prédécesseur de Nicolas Sarkozy. En évoquant le mot de « paix», Obama rend un hommage implicite à l’action de l’ancien président français qui s’était opposé à la guerre en Irak. Une intervention américaine contre laquelle le futur président américain s’était opposé comme sénateur, lors du vote au Congrès.
Which Translates to: (As good as google translate can do so…)
Barack Obama wrote to Jacques Chirac
The U.S. President has just sent a letter “very sympathetic” to Jacques Chirac, in the words of the latter. “I am confident that we can over the next four years working together in a spirit of peace and friendship to build a safer world,” writes the successor to George W. Bush’s predecessor Nicolas Sarkozy. In mentioning the word “peace,” Obama makes implicit tribute to the action of the former French president who opposed the war in Iraq. A U.S. intervention against which the future U.S. president had opposed as a senator, in a vote in Congress.
Nice…… Barry in his first 100 days, manages to piss off the British AND the french! Great. 🙄
Others Covering:
Ed Morrissey / Hot Air: Winning friends internationally again
Erick Erickson / RedState: Morning Briefing for March 23, 2009
(H/T to Gateway Pundit)
Tim Geithner reveals his plan and it still sucks
There’s a great deal of coverage on this… go here to check it out. We’re screwed, and I do mean badly.
Others covering:
Frank James / The Swamp: Geithner’s financial-rescue plan, take two
Jeremy P. Jacobs / The Hill’s Blog Briefing Room: Geithner lays out toxic asset plan
Caitlin Taylor / The Note: The Note, 3/23/09: Crisis of Confidence …
Simon Johnson / The Baseline Scenario: Breaking The Bank — My problem with Monday’s expected announcement …
Atrios / Eschaton: Risk — One thing which stood out from Timmeh’s WSJ op-ed (perfect place to leg hump the
Ben Pershing / Washington Post: A New Week, A New Economic Plan to Sell
Clay Risen / The Plank: Foxes Guarding the Henhouse?
James Joyner / Outside The Beltway: Geithner Plan: TARP 2.0?
Caitlin Taylor / Political Punch: Will the Public Want to Partner with Wall Street?
Taegan Goddard’s Political Wire – bk: Geithner’s Plan, Take Two — In advance of his second attempt …
Betsy Newmark / Betsy’s Page: Obama and the AIG bonuses
Barry Ritholtz / The Big Picture: US Futures Higher: Dow 212+
William Richards / Dealbreaker: Opening Bell: 03.23.09 — Geithner Looks To Announce New Plan Today (Bloomberg)
Charles Lemos / MyDD: D-Day for Geithner — It’s showtime for Secretary Geithner.
Lambert / Corrente: What you mean, “we,” Timmy?
Doug Stanglin / On Deadline: Geithner set to unveil bank bailout plan
more via Memeorandum
Editorial: The psychos are running the nuthouse!
Originally published over at my column at NolanChart.com:
It has been a while since I have written an article for my column; with all my days spent blogging about the political happenings post-Obama election, I just have not had the time to sit here and hammer out a good column. I have not forgotten to write, I just have not had the time to sit down and gather my thoughts and put my opinion to the current matters.
President Barack Obama has not been in the White House for 100 days yet and already it seems that our Country is headed for either one of two things; either economic disaster or outright European socialism. Although I tend to believe that one will follow the other, I do firmly believe that capitalism is in grave danger. I also believe that our Nation is going to be one that is going to become a society that rewards failure.
This applies in the area of the home mortgages; since when do we bail out people who have gotten in over their heads in debt? To be clear, I do understand that there were those who were victimized, and those who did this, to innocent people, should be prosecuted. However, those who knowingly got into mortgages that they knew they would not normally be able to afford, I have zero pity for. You make a stupid mistake you pay the consequences. That is how a free and democratic society works. You have to responsibility for your own actions.
Let me give you a personal example. When I was 19 years old, Discover Card sent me an application for a Credit Card. My parents came on as co-signers. Between the time that I first received that card and the time in 2004, when I finally filed for bankruptcy, I was over 14K in debt. Conversely it was over 18K of debt with the new truck that I bought, that I could not really afford; however because I had a job, I could make payments. One day the unthinkable happened, I lost my job; the gravy train stopped and threw me off. Those gravy trains never were known for their cordialness. After doing the obligatory and quite painful grunt and skid across the debt parking lot. I decided I had better go see a bankruptcy lawyer.
What does this have to do with what is happening now in the United States Government? It has quite a bit to do with it actually. Did the United States Government come in and offer to pay off my debt? No. Did the United States Government offer to come in and give me any kind of relief on my truck payments? Nope! I ended up losing that truck someone else owns it now. In other words, I was not rewarded for making stupid decisions, like going over my head in debt. Which by the way, was my own fault, I am the one that charged items on my discover card and got over my head in all that debt not anyone else, not that American taxpayers, but me.
Another way that the United States Government is rewarding failure is by losing their ever-loving minds over bonuses that were contractually awarded to employees of a company. Now I understand the reasons why people are upset about the bonuses. The problem is, the people on the left, or the Democrats are looking at this from a rather idiotic point of view. If the Democrats in Congress are so mad about these bonuses, then why in the heck did they vote to prop up these banks in the first place? The bonuses were a drop in the bucket to what we spent to take ownership in these companies. Why nationalize a company and then gripe about a bonus? It makes zero sense to me.
Again, even bailing out these companies in the first place is rewarding companies for failure. Sorry, I do not buy the notion of a business being too big to fail, that is simply stupid political double talk for a nationalization argument.
Let me give you another personal example of why I think this propping up a business is just simply stupid and why it teaches that it is okay to have a bad business model. I used to run a small electronics out of my house here. I would never buy more than one or two items at the most. I would always tell my customers, you want something, you pay up front, and I will order the item. I would get the money and order the item, and whatever I had left over, I kept for profit. That is called responsible business practices. However, what if I went out, got a loan for say $500.000, and bought a bunch of inventory and then the market fell out in the electronics business or what if I just did not bother to advertise? I would be stuck with a bill for the loan and a bunch of inventory that I could not move. Now would it fair for me to want the United States Government to bail me out of that situation? I think not. Nevertheless, that is what the Government is doing; they are essentially saying that some businesses are just too big to fail.
Not only this, but we are bailing these banks out with money that we do not even have. We are using money that we are borrowing from china, money that is not even ours. What we do not borrow from China, we are printing ourselves, which will devalue the dollar. It is as the title of this column says a case of psychos that are running the nuthouse.
Cry me a river!
Scott over at power line Blog is depressed because the Liberals are running the country.
Sorry dude, but I have zero pity for you or the Republican Party. They could have chosen a real Conservative candidate; but instead they ran a rich Mormon asshole, a crazy hick preacher, a half asleep old man who stumbled and cleared his throat alot and finally a senile old man, who really wasn’t even a Republican, but rather a RINO.
The senile old fool won the beauty contest and went up against the most hip, the most cool, and the first ever black Presidential candidate ever…..and he lost.
Those are the breaks.
Of course, there was one guy, who had two first names, someone who went against the grain and did not fall in line, and you all treated him like a special education student; in fact, he had to go have his own party, because you all would not even let him speak at your convention.
Now America is being lead by a Neo-Liberal, who wants to take America down the path of European socialism, and eventually into the path of full blown Communism.
Indeed, America’s Chickens are coming home……to roost.
Others:
Donald Douglas / American Power: The Folsom Cell Block National Culture
Victor Davis Hanson / Pajamas Media: Thoughts About Depressed Americans
Fausta / Fausta’s Blog: Am I depressed yet?
Stephen F. Hayes / Weekly Standard: Iran Responds: “Death to America”