Tag: News

President Barack Obama asks G.M. CEO Rick Wagoner to resign

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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:

Blogs:

Follow up! Guest Voice – Chuck Baldwin: MISSOURI SCRAPS M.I.A.C. REPORT

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Please note: The Opinions expressed in this column do not necessarily reflect the political or personal opinions of owner of this Blog.

However, I am very pleased by the news presented in this piece.

—–

Well, there is still hope for liberty after all! After multiple thousands of phone calls, emails, faxes, and other communications from outraged citizens, the State of Missouri has rescinded its controversial “militia” report. This proves the point I made in this column recently that the most effective way to fight an ever-encroaching federal leviathan is to focus on our individual states.

Let me review the events of the last few weeks so as to help readers familiarize themselves with this historic–and I do mean historic–episode.

On February 20, 2009, the State of Missouri, via its Department of Public Safety, issued what was called “MIAC Strategic Report: The Modern Militia Movement.” In this report, people who supported Presidential candidates Ron Paul, Bob Barr, and yours truly were referenced as being connected to potentially dangerous “militia members.” But the inference did not stop there. People of conservative ideology were also identified in the State Police report as being potentially dangerous. People who held political opinions opposing abortion, illegal immigration, the New World Order, the North American Union, the Income Tax, the U.N., etc., were profiled in the MIAC report.

Interestingly enough, no left-leaning political ideologies were identified. No Islamic extremists. No environmental extremists. Only people holding “conservative” or “right-wing” philosophies were identified in the MIAC report.

The MIAC report was categorized as “Unclassified/Law Enforcement Sensitive,” meaning the report was intended for law enforcement personnel only. Fortunately, an unidentified (for obvious reasons) Missouri law enforcement officer, who was extremely disturbed by this report, sent a copy to nationally syndicated radio talk show host Alex Jones. Of course, Jones immediately “blew the whistle” on the story. This was on March 11.

On March 14, the Columbia (Missouri) Daily Tribune ran a story on the subject, and on March 17, I wrote my first column about it. From that point, the story went viral.

Internet sites, radio talk show hosts, and bloggers all over America picked up the story, and thousands of outraged citizens began bombarding the appropriate officials in Missouri with protests. Even Fox News Channel talk show host Glenn Beck ran a feature on the story on Friday, March 20, and again on Monday, March 23. The Constitution Party issued a “Travel Advisory” for the State of Missouri, warning tourists and residents about the possibility of being profiled by State Police for such things as having bumper stickers with political statements on their vehicles, etc. All of this commotion was not lost on several Missouri State legislators and executive officers, either.

Missouri Lieutenant Governor Peter Kinder called on Governor Jay Nixon (who had previously stood by and defended the MIAC report) to place Department of Public Safety Director John Britt on administrative leave pending an investigation into the report. In addition, several Missouri State legislators said they would introduce an amendment to the Department of Public Safety’s budget barring the agency from using “state or federal funds for political profiling.”

On March 23, DPS Director John Britt sent an apology letter to Ron Paul, Bob Barr, and me stating, “I have ordered that the offending report be edited so as to excise all reference to Ron Paul, Bob Barr or Chuck Baldwin and to any third-party political organizations.”

While Ron, Bob, and I appreciated the apology and retraction from Mr. Britt, the overriding offense of the report still lingered: namely, the report, with a very broad brush, linked people holding conservative political opinions to dangerous and violence-prone “militias,” which Missouri law enforcement personnel were instructed to be on guard against. Therefore, public outcry against the MIAC report continued, Mr. Britt’s apology notwithstanding.

Then, on Wednesday, March 25, the head of the Missouri State Highway Patrol, Col. James F. Keathley, ordered the Missouri Information Analysis Center (MIAC) to “permanently cease distribution” of this abysmal report. Keathley said that neither he nor Britt had read the report before it was distributed.

Keathley also noted that the report was filled with numerous spelling and grammatical errors and did not cite any sources for its broad statements about “right-wing” militias. He further said that his department would now review how the MIAC distributes intelligence reports to police officers. He said the process “needs improvement.”

Dear readers, please take a bow! Because of tens of thousands of patriotic, freedom-loving Americans–including thousands of courageous Missourians–the long arm of totalitarianism was shortened just a bit.

This sordid story is truly an embarrassment to the Department of Homeland Security (DHS) and the State of Missouri. Governor Nixon, especially, is left with egg on his face for foolishly and stupidly standing behind the report, when he had either never read it, or, if he had, was just as guilty of political profiling as the ones who wrote the report.

Why DHS, you ask? Because the MIAC report is similar to several other reports currently circulating around various State police agencies courtesy of DHS-sponsored “Fusion Centers.” There is another side of this story that is even more sinister, however.

If we can continue to probe the details of the MIAC report, I am absolutely convinced we will find that this report actually originates with Morris Dees and his ultra-liberal Southern Poverty Law Center. And if my hunch (a very educated hunch, I might add) is correct, it means that the DHS and various State police agencies around the country are allowing a left-wing special interest group to use them to harass, intimidate, and profile people with conservative political opinions.

I would further proffer that those of us who are outraged by this event should not stop with the MIAC report being removed. While this is very good news, the fear and intimidation associated with those referenced in this report has already taken place. Are people opposed to abortion, illegal immigration, the Income Tax, the U.N., etc., now afraid to express their opinions publicly (especially in Missouri)? If so, this seems to me to be the basis for legal action, based on the abridgment of the First Amendment freedom of speech by a State (and perhaps federal) law enforcement agency.

There is yet another chilling question that must be answered: by saying Missouri State Police will “review” how MIAC distributes intelligence reports to police officers, does Col. Keathley mean that the State of Missouri’s law enforcement agencies will continue to promote similar reports, but simply make them “Classified”? In other words, will they (and other State police agencies around the country) simply employ greater secrecy when issuing such reports, but do nothing to change the content of future reports? Hopefully not, but we shall see.

With that said, here are the lessons all of us need to take to heart:

*Every police officer, deputy sheriff, and law enforcement officer in America who believes in constitutional government, individual liberty, and the Bill of Rights needs to be alert for any report that smacks of the MIAC report, and be willing to quickly “blow the whistle” on any such report they see.

*Lovers of freedom should be much encouraged to see what can happen when they are willing to stand up to their State governing officials as they see abridgements to their liberties taking place. I say again, the best way to fight these mushrooming despotic tendencies of government we seem to see everywhere is to focus on our State governments. Do you now see why I say that? Even if DHS was behind the MIAC report, it was the State of Missouri that had to implement it; and it was the State of Missouri that (under pressure) killed it.

See my column on this important subject here.

*Notice, too, that we did not need the major media to achieve this victory. We cut off this one branch of the tyranny tree without the help of ABC, CBS, NBC, CNN, FOX NEWS (with the exception of Glenn Beck), or even the Drudge Report. Victory was achieved with the weapons of talk radio, syndicated Internet columns, Internet blogging, and word of mouth.

You see, folks, we can achieve victory without the major media. But we must stay focused and actively involved in our respective State governments. “We the people” are still the power of this country. And don’t let anyone deceive you into believing anything else. Therefore, take heart in knowing that your diligence convinced the State of Missouri to rescind its atrocious MIAC report. Now, don’t let it stop there. Let’s faithfully cut off the tentacles of tyranny wherever we find them. Amen?

Chuck Baldwin’s Website

A.I.G. Executive Quits

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Seems that  Jake DeSantis, an executive vice president of the American International Group’s financial products unit has quit and sent his resignation letter to the New York Times.

It is with deep regret that I submit my notice of resignation from A.I.G. Financial Products. I hope you take the time to read this entire letter. Before describing the details of my decision, I want to offer some context:

I am proud of everything I have done for the commodity and equity divisions of A.I.G.-F.P. I was in no way involved in — or responsible for — the credit default swap transactions that have hamstrung A.I.G. Nor were more than a handful of the 400 current employees of A.I.G.-F.P. Most of those responsible have left the company and have conspicuously escaped the public outrage.

After 12 months of hard work dismantling the company — during which A.I.G. reassured us many times we would be rewarded in March 2009 — we in the financial products unit have been betrayed by A.I.G. and are being unfairly persecuted by elected officials. In response to this, I will now leave the company and donate my entire post-tax retention payment to those suffering from the global economic downturn. My intent is to keep none of the money myself.

I take this action after 11 years of dedicated, honorable service to A.I.G. I can no longer effectively perform my duties in this dysfunctional environment, nor am I being paid to do so. Like you, I was asked to work for an annual salary of $1, and I agreed out of a sense of duty to the company and to the public officials who have come to its aid. Having now been let down by both, I can no longer justify spending 10, 12, 14 hours a day away from my family for the benefit of those who have let me down.

You and I have never met or spoken to each other, so I’d like to tell you about myself. I was raised by schoolteachers working multiple jobs in a world of closing steel mills. My hard work earned me acceptance to M.I.T., and the institute’s generous financial aid enabled me to attend. I had fulfilled my American dream.

[….]

The only real motivation that anyone at A.I.G.-F.P. now has is fear. Mr. Cuomo has threatened to “name and shame,” and his counterpart in Connecticut, Richard Blumenthal, has made similar threats — even though attorneys general are supposed to stand for due process, to conduct trials in courts and not the press.

So what am I to do? There’s no easy answer. I know that because of hard work I have benefited more than most during the economic boom and have saved enough that my family is unlikely to suffer devastating losses during the current bust. Some might argue that members of my profession have been overpaid, and I wouldn’t disagree.

That is why I have decided to donate 100 percent of the effective after-tax proceeds of my retention payment directly to organizations that are helping people who are suffering from the global downturn. This is not a tax-deduction gimmick; I simply believe that I at least deserve to dictate how my earnings are spent, and do not want to see them disappear back into the obscurity of A.I.G.’s or the federal government’s budget. Our earnings have caused such a distraction for so many from the more pressing issues our country faces, and I would like to see my share of it benefit those truly in need.

On March 16 I received a payment from A.I.G. amounting to $742,006.40, after taxes. In light of the uncertainty over the ultimate taxation and legal status of this payment, the actual amount I donate may be less — in fact, it may end up being far less if the recent House bill raising the tax on the retention payments to 90 percent stands. Once all the money is donated, you will immediately receive a list of all recipients.

This choice is right for me. I wish others at A.I.G.-F.P. luck finding peace with their difficult decision, and only hope their judgment is not clouded by fear.

Mr. Liddy, I wish you success in your commitment to return the money extended by the American government, and luck with the continued unwinding of the company’s diverse businesses — especially those remaining credit default swaps. I’ll continue over the short term to help make sure no balls are dropped, but after what’s happened this past week I can’t remain much longer — there is too much bad blood. I’m not sure how you will greet my resignation, but at least Attorney General Blumenthal should be relieved that I’ll leave under my own power and will not need to be “shoved out the door.”

Of course, this has generated a good deal of Conservative outrage, which you can sample at the end of this entry. The links marked in red are, for the most part, Conservative. The blue ones, of course are Democrats or liberals. One thing that I must say that I agree with, is this comment from a Blogger who calls himself “The Anonymous Liberal“:

But the reality is this: when companies fail, lots of innocent people get screwed. Lots of promises aren’t kept. That’s why companies declare bankruptcy: because they can’t afford to live up to their promises. Had the government allowed AIG to fail last fall, DeSantis wouldn’t have received anything. He’d be like many other people who woke up one morning to find their lives turned upside down by this recession. On second thought, given that Mr. DeSantis can apparently afford to give his entire $750,000 bonus to charity, I suspect he’d be much better off than most people who have suffered through the failure of their employer.

It’s striking to me that the very same people who are outraged by DeSantis’s treatment showed no sympathy at all for the nation’s autoworkers. In fact, they were angrily demanding that these workers (who make a small fraction of what DeSantis makes) agree to give up their “luxurious” health benefits and agree to salary reductions. These workers too had been promised things by their employers, but their complaints fell on deaf, even hostile ears. If their companies were going to be saved by taxpayer money (at a fraction of the cost of bailing out AIG), well these workers were just going to have to suck it up and take the hit.

The fact that the plight of a millionaire executive (one who actually received his promised bonus) elicits such sympathy from the Right, but the plight of blue collar assembly line workers doesn’t says a lot about the ideological prism through which many conservatives view the world. They simply identify with DeSantis in a way they don’t with many of the other victims of this recession.

I could not have put that any better. I too sat here seething with anger, as I watched Wilsonian Neo-Conservatives screaming at the top of their lungs at the autoworkers; “Screw Them!”, “Let them Fail”, “To hell with Detroit!” and so on. Seeing my own Father is a retired General Motors worker. The only Conservatives who were sticking up for the middle class, was myself and Pat Buchanan.

So, while I am sympathetic towards this guy; I am also aware that there are many others out there, that are hurting and are out of work, or have lost thier jobs, due to the stupidity of this company and others like it.

Others: The Moderate Voice, The Daily Dish, Megan McArdle, Swampland, The Swamp, The New Republic, Michelle Malkin, Salon, Political Machine, Right Pundits, Obsidian Wings, The Anonymous Liberal, Commentary, Gawker, Don Surber, JustOneMinute, Hot Air, Le·gal In·sur·rec· tion, The Foundry, Simply Left Behind, Samizdata.net, AmSpecBlog, Six Meat Buffet, Wizbang and Power Line

Reason #960,987,678,543,343 why I am still single

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Back story here

Huh… I didn’t know Michelle Malkin had a crazy sister…  😉 😛 😀

Then Again…

michelle-malkin-fnc

My gawd does she ever have a knack for the funniest screen grabs.

Of course, when you poke a little fun at the Wilsonian Neo-Cons, you’re automatically raciiiiiiiiiist! It’s the only card that they really know how to play. Just ask the John Birch Society, they got played very well.

President Barack Hussein Obama’s March Towards Communism

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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

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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
Jim Lindgren / The Volokh Conspiracy: Obama Snubs Sarkozy By Writing to Chirac.  According to the …
Right Wing News: Obama’s Failed Diplomacy
Erick Erickson / RedState: Morning Briefing for March 23, 2009
Don Surber: 63rd day, 66th mistake
But As For Me: Obama Hacks Off France In Latest Foreign Policy Blunder
Jules Crittenden: So We Finally Get A French President Who’s More Or Less Onside*
neo-neocon: Obama can see Chirac from his house!
Jimmie / The Sundries Shack: Diplomacy With A Blunt Object
Confederate Yankee: Bestest President Evah

(H/T to Gateway Pundit)

Congrats to Ann Althouse!

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Ann’s getting married.

Yay! I wish her the best. 😀

Others Covering the News:

Tom Maguire / JustOneMinute: Good Luck, Better Judgment, Best Wishes
Ruth Anne Adams / THE MATERNAL OPTIMIST: The Power of Blog  —  Earlier today, I emailed my BlogFather …
Liza / culturekitchen: Blogging can get you married (or for that matter, divorced)

Obama’s Katrina Moment?

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Seems that way to me!

The Video:

(Via Jim Treacher on Twitter)

Yes, we are a Banana Republic

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John Hinderaker is shocked to discover that America is not what it seems to be:

I’m stupefied to find that some people are defending the constitutionality of Nancy Pelosi’s discriminatory, confiscatory and retroactive tax on people who receive bonus income from companies that got TARP money. I would have considered it a bright line rule that the government can’t identify a class of unpopular people and impose a special tax on them. What’s next? A 100% income tax on registered Republicans, retroactive to last year? If Pelosi’s bill passes muster, why not?

One theory, presumably, is that since the government is contributing TARP money it can put whatever strings it wants on that money. (Including, I guess, strings imposed after the fact that would deprive employees of agreed-upon consideration for work they’ve already performed.) But that theory has been rejected in a variety of contexts. The government cannot condition its spending on a relinquishment of constitutional rights. Here’s a thought experiment: how about putting a condition (retroactively, of course) on TARP money that says no employee of any bank that receives such money (or his spouse) can get an abortion? Would Nancy Pelosi think that’s constitutional?

Wells Fargo didn’t want any TARP money, but the government forced it to take more than $5 billion worth, so Wells Fargo employees who receive bonuses would be subject to Pelosi’s proposed tax. Say you’re a teller at a Wells Fargo branch in Minnesota and you’re married to a lawyer who makes $250,000 this year. You get a $10,000 bonus for your good work during 2008. The government steals it all (90 percent federal plus 8.5 percent state plus, unless it’s included in the 90 percent, 3 percent Medicare). That is simply insane.

Welcome to the new real world John! This is what happens when Conservatives, Libertarians and those pesky independents falls for the nice speeches and sweet swagger of a man, who in all honesty has zero business being President.

Luckily for us, there some Republicans who have some brains up on the hill. The AP Reports:

Senate Republicans are drawing out a flap that has made the Obama administration squirm, applying the brakes to Democratic attempts to quickly tax away most of the bonuses at troubled insurance giant AIG and other bailed-out companies.

Sen. Jon Kyl, the Republicans’ vote counter, blocked Democratic efforts Thursday evening to bring up the Senate version of the tax bill to recoup most of the $165 million paid out by AIG last weekend and other bonuses in 2009. The House had swiftly approved its version of the bill earlier in the day.

By rushing, Kyl said, Democrats were letting populist outrage trump informed decision making in the Senate, which is supposed to be insulated from the pressures of public passion.

“I don’t believe that Congress should rush to pass yet another piece of hastily crafted legislation in this very toxic atmosphere, at least without understanding the facts and the potential unintended consequences,” Kyl said on the Senate floor. “Frankly, I think that’s how we got into the current mess.”

Senate Democrats said they will try again next week to take up the tax bill and hope to complete it before April 4, when Congress leaves for a two-week spring break. Combining the disparate House and Senate versions of the bill might have to wait until after the recess.

If the Democrats want to fix the problem, they should try turning to the moron that they put in the White House and his treasury secretary. Both of their resignations would be nice right about now. We need some real leadership, and not that idiot Harlem Globetrotter nonsense, that we have been getting since Barry took office. In other words, it’s time for “Teleprompter Boy” to hit the damned road.

Others:

Barry’s Budget might bring $9.3 trillion in deficits

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Nothing like something to make your Saturday a bit more gloomy. Knowing that the Globetrotter in chief is basically spending your Country into a economic black hole.

Via the AP:

President Barack Obama’s budget would produce $9.3 trillion in deficits over the next decade, more than four times the deficits of Republican George W. Bush’s presidency, congressional auditors said Friday.

The new Congressional Budget Office figures offered a far more dire outlook for Obama’s budget than the new administration predicted just last month — a deficit $2.3 trillion worse. It’s a prospect even the president’s own budget director called unsustainable.

In his White House run, Obama assailed the economic policies of his predecessor, but the eye-popping deficit numbers threaten to swamp his ambitious agenda of overhauling health care, exploring new energy sources and enacting scores of domestic programs.

The dismal deficit figures, if they prove to be accurate, inevitably raise the prospect that Obama and his Democratic allies controlling Congress would have to consider raising taxes after the recession ends or else pare back his agenda.

By CBO’s calculation, Obama’s budget would generate deficits averaging almost $1 trillion a year of red ink over 2010-2019.

Worst of all, CBO says the deficit under Obama’s policies would never go below 4 percent of the size of the economy, figures that economists agree are unsustainable. By the end of the decade, the deficit would exceed 5 percent of gross domestic product, a dangerously high level.

Here is the real kicker, what are the so-called “Liberal Experts” saying is the solution to the above? Spending more money! But of course!

As Washington Post columnist Steven Pearlstein pointed out, the numbers confirm that “the recession is worse than they thought when they did these things last time,” and thus “the more urgent it is for us to spend more money to stimulate the economy.

It is indeed a scarey time to be an American. The mental cases are running the asylum.

Others:

Sad News: Bill Davidson Owner of the Detroit Pistons has died

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Truly some sad news from the local area here:

Bill Davidson, Managing Partner of the Detroit Pistons and 2008 Basketball Hall of Fame inductee, has passed away at the age 86.

Memorial services are planned for noon on Tuesday at the Congregation Shaarey Zedek in Southfield.

Davidson became the second owner in Pistons history in 1974, when he purchased the franchise from the late Fred Zollner.

Bill Davidson

Bill Davidson = 1922 - 2009

Davidson also had ownership stake in Palace Sports and Entertainment, the Detroit Shock, DTE Energy Music Center, Meadow Brook Music Festival and Guardian Industries, Incorporated, one of the world’s primary manufacturers of architectural and automotive glass.

During his tenure as owner, Davidson’s professional teams won seven world championships, three in the NBA, three in the WNBA and one in the National Hockey League. Palace Sports and Entertainment owned the Tampa Bay Lightning when that franchise won the Stanley Cup in 2004.

In addition to accomplishments as a professional sports owner, Davidson was one of metro Detroit’s most notable philanthropists, responsible for more than $200 million in donations to local and international charities and universities.

Organizations and municipalities that have benefited from his generosity include the Detroit Symphony Orchestra, the Jewish Theological Seminary of America, the University of Michigan, Technion-Israel Institute of Technology, the Weizmann Institute of Science in Rehovet, Israel, the Karmanos Cancer Institute and Children’s Research Center of Michigan, the city of Detroit’s Parks and Recreation Department, Hadassah Ein Kerem Hospital in Jerusalem and countless others.

In 1997, Davidson was honored for his philanthropy by the Council of Michigan Foundations and also named one of America’s most generous donors by the New York Times.

via Bill Davidson: 1922 – 2009 —  WXYZ.com

He will be missed. Condolences to the Davidson family and to everyone over at the Pistons. 🙁

An Interesting Movie

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I post this because I believe that it is interesting. Alex Jones has always struck me as a kook. Someone amongst the “Tin Foil Hat” crowd. However, it is something interesting to watch.

Enjoy…

What do you think? Do you think that there is any truth to this?

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Tragedy In Alabama

Posted on17 Comments

I had heard something about this on Fox News… But here it is:

Via the Charlotte Observer:

A gunman went on a shooting spree in two neighboring south Alabama towns Tuesday, killing nine people before he shot himself at a metals plant, authorities said. Police are investigating at least four separate shootings, all believed to be done by one gunman, whose name was not released, the Alabama Department of Safety said in a statement.

The shootings began late in the afternoon in Samson. The shooter killed five people in one home and one each in two other homes.

The gunman also shot at a state trooper’s car, striking the vehicle seven times and wounding the trooper with broken glass.

He then killed someone at a Samson supply store and another person at a service station, the safety department said.

Police pursued him to Reliable Metal Products just north of Geneva, about a dozen miles southeast of Samson, where he fired an estimated 30 rounds. One of the bullets hit Geneva Police Chief Frankie Lindsey, who was saved by his bullet proof vest, the safety department said.

The statement says the gunman then went in the plant and shot himself. His name was not released.

The gunman had worked at Reliable Metal, said state Rep. Warren Beck, a Republican whose district includes Geneva.

“My secretary heard gunfire everywhere,” he said. “This is one of the most tragic events ever in Geneva County.”

Of course, your liberals will use this as excuse to have a stupid so-called assault weapons ban.

Truly a Sad story. 🙁 Say a prayer for those in this town tonight.

Trackposted to Nuke’s, Blog @ MoreWhat.com, Rosemary’s Thoughts, Investorblogger Dot Com, third world county, Woman Honor Thyself, The World According to Carl, The Pink Flamingo, Leaning Straight Up, CORSARI D’ITALIA, Conservative Cat, Right Voices, and Stageleft, thanks to Linkfest Haven Deluxe.

Linkfest Haven, the Blogger's Oasis

(H/T Freedom’s Phoenix)

The Obligatory Charles Freeman withdrawal from appointment posting

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I think that this is a good thing, for a number of reasons.

Charles Freeman, the Obama administration’s choice to head the National Intelligence Council, has withdrawn from consideration after facing strong opposition from Senate Republicans.

Freeman is the latest in a string of Obama administration appointees and nominees to withdraw in the past few weeks.

Senate Intelligence Committee Chairwoman Dianne Feinstein (D-Calif.) told The Hill that Freeman has withdrawn his nomination and that Director of National Intelligence Dennis Blair agreed to accept the decision. Blair released a statement late Tuesday announcing Freeman’s decision.

The withdrawal came hours after Freeman agreed to testify before the Senate intelligence panel on Thursday to answer questions raised in recent days. All seven Republicans on the panel had sent a letter to Blair raising concerns about Freeman’s experience and objectivity.

Earlier on Tuesday Feinstein told The HIll she was keeping an open mind on Freeman’s appointment.

“I’ve talked to director Blair about it. Director Blair feels this is not a policy job, that he’s well qualified for what he wants him to do,” Feinstein said. “I feel presidents should have their choice if possible of appointments. I’ve read Mr. Freeman characterized in a number of different of ways. We’d like an opportunity to talk with him and get our own fix on these views. How strongly their held, whether in fact there is bias.”

via TheHill.com – Controversial intelligence pick withdraws.

The reason why I say this, is because of this little quote right here: (H/T HotAir.com)

MR. FREEMAN: On the question of U.S. strikes on targets on Iran or elsewhere, I simply want to register what I think is an obvious point; namely that what 9/11 showed is that if we bomb people, they bomb back.

Ed Morrisey provides that perfect reply to this, that I agree with 100%:

Uh, what?  Starting in 1993, al-Qaeda conducted a series of attacks on American targets, including the World Trade Center, Khobar Towers, two American embassies in Africa, and the USS Cole.  We didn’t attempt to bomb them until 1998, when we missed them entirely, thanks to a collapse in operational security.  We didn’t bomb the Saudis or Yemenis at any point, the two nationalities to which Osama bin Laden can lay claim, or Egypt, where Ayman al-Zawahiri was born.

The point is here that this guy was obviously among the anti-Zionist crowd, like these guys here.

Let me be absolutely clear, I am not a huge fan of the Evangelical Zionist crowd; whom are famous for thier doctrinal error and unholy alliances with unbelievers and unsaved, but to have someone who obviously was trying to blame Israel and America for the 9/11 attacks, was not very smart move by the Obama Administration.

So, in this case, yeah, I believe this was a good thing for this clown to remove his name for consideration. Maybe he will get a job with the American Free Press crowd, God knows, that is where he belongs. 🙄

….and before any Conspiracy theory meatballs come in here and try and chide me, feel free, with a push of one button, I can ban your stinking IP address and you won’t even be able to view this blog. So, bring it on boys, I wanna weed out the idiots. 😡

Others: Weekly Standard, Ben Smith’s Blogs, Michelle Malkin, War in Context, The Hill’s Blog Briefing Room, Wall Street Journal, Newshoggers.com, The Strata-Sphere

(Via Memeorandum)

Today’s Headlines

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I’ve been reading the headlines today, and I’m really not in the mood, nor do I have the interest to write individual Blog postings on all the stuff happening. So, here it is, in a short snarky summary format. A short-takes posting; if you will.

  • President Obama lifts stem cell ban, Christians are not amused. Stem cells were unavailable for comment.
  • Liberal Economist Paul Krugman says the stimulus was too small. Go figure.  
  • Crunch Con Ron Dreher says that being bi-sexual is horrifying, Gay-blade and Faux Conservative Andrew Sullivan and others are not amused.
  • President Obama grabs the Foreign Policy Steering wheel and gives it a good yank to the left. (surprise….surprise…)
  • Obama appointee Timothy Geithner is running the Treasury Department by the seat of his pants. 
  • The Pedophiles are pissed at Andy Cuomo! Got to watch out for them angry perverts!
  • A hunting instructor decides to play politics, and promptly gets fired. Real smart that was…. I’m no Obama fan, but that was just dumb. 
  • The Saudi Government lashes a woman….for being a woman. (Man, to have those laws here. 😛 😉 :D)
  • One of Michelle Malkin’s stooges goes out with a camera and ambushes Charlie Rangle, and the number of Republicans she’s done this to?
  • Ben Smith over at the Politico says that Card Check law creates jobs for…………………….Republicans?!?!?!?
  • Religious groups are loosing ground. You’d think them guys would learn to keep track of stuff like that.
  • Megan McCain makes a very valid point. For the record, I would so hit that. (you guys know what I mean….)

Mudville Gazette discovers the obvious

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That B. Hussien Obama is a big fat liar. (As are most Democrats.)

Click here.

Coincidence or just bad timing?

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This is very interesting…:

President Barack Obama is poised to offer an olive branch to Cuba in an effort to repair the US’s tattered reputation in Latin America.

The White House has moved to ease some travel and trade restrictions as a cautious first step towards better ties with Havana, raising hopes of an eventual lifting of the four-decade-old economic embargo. Several Bush-era controls are expected to be relaxed in the run-up to next month’s Summit of the Americas in Trinidad and Tobago to gild the president’s regional debut and signal a new era of “Yankee” cooperation.

The administration has moved to ease draconian travel controls and lift limits on cash remittances that Cuban-Americans can send to the island, a lifeline for hundreds of thousands of families.

“The effect on ordinary Cubans will be fairly significant. It will improve things and be very welcome,” said a western diplomat in Havana. The changes would reverse hardline Bush policies but not fundamentally alter relations between the superpower and the island, he added. “It just takes us back to the 1990s.”

via Obama will use spring summit to bring Cuba in from the cold | World news | The Observer.

Meanwhile:

Caracas – Venezuelan President Hugo Chavez on Friday called upon US President Barack Obama to follow the path to socialism, which he termed as the “only” way out of the global recession. “Come with us, align yourself, come with us on the road to socialism. This is the only path. Imagine a socialist revolution in the United States,” Chavez told a group of workers in the southern Venezuelan state of Bolivar.

The controversial Venezuelan leader, who taunted the United States as a source of capitalistic evil under former president George W Bush, added that the United States needs a leader who can take it to a “higher” destiny and bring it out of “the sad role that it has been given, as a murderous, attacking power that is hated all around the world.”

Chavez said that people are calling Obama a “socialist” for the measures of state intervention he is taking to counter the crisis, so it would not be too far-fetched to suggest that he might join the project of “21st century socialism” that the Venezuelan leader is heading.

“Nothing is impossible. Who would have thought in the 1980s that the Soviet Union would disappear? No one,” he said.

“That murderous, genocidal empire has to end, and some day there has to come a leader … who interprets the best of a people who also include human beings who suffer, endure, weep and laugh,” the outspoken Chavez said.

Coincidence? or just really bad timing? You Decide.

(H/T Drudge)

Uh-Oh: Iran Test Fires New Missile

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Um…. I hope Barry is not too tired to deal with this one:

Iran has test-fired a new air-to-surface missile, Iranian media reported on Sunday, in the Islamic Republic’s latest display of its military capability.

The missile test was carried out despite the offer by the administration of new U.S. President Barack Obama to engage Iran in direct talks if it “unclenches its fist”.

Iran’s Fars News Agency said the domestically produced missile had a range of 110 km and was designed for use by military aircraft against naval targets.

“Now these jet fighters have acquired a new capability in confronting threats,” the semi-official news agency said. Iran’s Press TV initially said a long-range missile had been tested, but later also used Fars’ way of describing it.

Iran often stages war games or tests weapons to show its determination to counter any attack by foes such as Israel and the United States.

Israel and Washington accuse Tehran of trying to develop nuclear bombs. Iran says its nuclear programme is a peaceful drive to generate electricity so that the world’s fourth-largest oil producer can export more of its gas and crude.

Israel, believed to be the only nuclear-armed Middle East state, has said Iran’s nuclear plans threaten its existence and has not ruled out military action if diplomacy fails to end the dispute.

via Iran test-fires new missile – Reuters.

….and Yet, President Bambi wants to try and hold talks with these crazy people? I fear for our country. 🙁

I think Bush was right, as were many Republicans who said, that Obama would rather appease terrorists, than stiff arm those who promote Terrorism.

What gets me is, how Bush was lambasted for making that Statement; and at the time, I thought he was kind of off for saying that myself. Now, I believe that Bush was absolutely correct. The truth is, Iran is a country that is a supporter of terrorism. I mean, terrorism of Israel and all of its allies, including the United States.

The question is, how will President Obama respond to this? Will he ignore it or will He stand up and condemn this sort of an action?

The answer will most likely come….. When Obama is done with his nap. 🙄

(H/T Drudge)

I must say that I agree with this

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Once again, I am going to link to something that is going to cause some people to think that I am a fake Conservative. If that’s what some want to do; fine, let them.

But I will say it, that I totally agree with the assessment made in this Blog entry here.

I have always believed that Abortion in itself, was murder. However, I believe it is a MORAL issue and is not, nor should it ever be a legislative issue. A very great Libertarian Senator, Barry Goldwater Sr. once said, “You cannot legislate Morality.” Our laws are a reflection of society, to push a Religious dogma or belief system off on a society; goes against everything our Constitution stands for.

Further more, this sickening display by the Roman Catholic Church in Brasília is just plain awful.

Many times, I have criticized the so-called “Right to Life” groups as being border line Nazi Fascist in their ways, as is the Roman Catholic Church as well, at times.

Sometimes, I think, in the quest to be morally right, the Church, as it is referred to, comes off being very wrong.

God Bless this Famly and this little girl. 🙁

Can someone remind me as just to why exactly we elected this douche nozzle??!?!?

Posted on15 Comments

First off, check this out: (Via America Digest)

Via U.K. Telegraph:

Sources close to the White House say Mr Obama and his staff have been “overwhelmed” by the economic meltdown and have voiced concerns that the new president is not getting enough rest.

British officials, meanwhile, admit that the White House and US State Department staff were utterly bemused by complaints that the Prime Minister should have been granted full-blown press conference and a formal dinner, as has been customary. They concede that Obama aides seemed unfamiliar with the expectations that surround a major visit by a British prime minister.

But Washington figures with access to Mr Obama’s inner circle explained the slight by saying that those high up in the administration have had little time to deal with international matters, let alone the diplomatic niceties of the special relationship.

Allies of Mr Obama say his weary appearance in the Oval Office with Mr Brown illustrates the strain he is now under, and the president’s surprise at the sheer volume of business that crosses his desk.

A well-connected Washington figure, who is close to members of Mr Obama’s inner circle, expressed concern that Mr Obama had failed so far to “even fake an interest in foreign policy”.

A British official conceded that the furore surrounding the apparent snub to Mr Brown had come as a shock to the White House. “I think it’s right to say that their focus is elsewhere, on domestic affairs. A number of our US interlocutors said they couldn’t quite understand the British concerns and didn’t get what that was all about.”

The American source said: “Obama is overwhelmed. There is a zero sum tension between his ability to attend to the economic issues and his ability to be a proactive sculptor of the national security agenda.

“That was the gamble these guys made at the front end of this presidency and I think they’re finding it a hard thing to do everything.”

Oh, it gets better, trust me… Too Tired?!?! Seriously? Think that’s bad?

Via The Old Gray Lady:

President Obama declared in an interview that the United States was not winning the war in Afghanistan and opened the door to a reconciliation process in which the American military would reach out to moderate elements of the Taliban, much as it did with Sunni militias in Iraq.

Mr. Obama pointed to the success in peeling Iraqi insurgents away from more hard-core elements of Al Qaeda in Mesopotamia, a strategy that many credit as much as the increase of American forces with turning the war around in the last two years. “There may be some comparable opportunities in Afghanistan and in the Pakistani region,” he said, while cautioning that solutions in Afghanistan will be complicated.

[…]

“I don’t think that people should be fearful about our future,” he said. “I don’t think that people should suddenly mistrust all of our financial institutions.”

As he pressed forward with ambitious plans at home to rewrite the tax code, expand health care coverage and curb climate change, Mr. Obama dismissed criticism from conservatives that he was driving the country toward socialism. After the interview, which took place as the president was flying home from Ohio, he called reporters from the Oval Office to assert that his actions have been “entirely consistent with free-market principles” and to point out that large-scale government intervention in the markets and expansion of social welfare programs began under President George W. Bush.

Sitting at the head of a conference table with his suit coat off, Mr. Obama exhibited confidence six weeks into his presidency despite the economic turmoil around the globe and the deteriorating situations in Afghanistan and Pakistan. He struck a reassuring tone about the economy, saying he had no trouble sleeping at night.

[…..]

Asked if the United States was winning in Afghanistan, a war he effectively adopted as his own last month by ordering an additional 17,000 troops sent there, Mr. Obama replied flatly, “No.”

Again, can someone please tell me why we elected this feckless idiot douche nozzle? I am really beginning to believe that America blew it. In a really, really, really, big way.

Those who were actually stupid enough to vote for this socialist idiot, get what is coming to them. (yes, that applies to my family too.)

I mean, this asshole is acting like this is some sort of a community organizer job. Being the President is a serious job and this idiot is not even acting remotely like a President. 😡

As much as I disagreed with President George W. Bush on Iraq, I will say this; you never, EVER heard George W. Bush complain or his staff ever say to reporters, even anonymously say that the job was making him tired! Not once.

Not getting enough sleep, what a pansy ass! 🙄

Others: JustOneMinute, Power Line, Pajamas Media, Flopping Aces, QandO, Six Meat Buffet, Macsmind, Flopping Aces,  Gateway Pundit, NO QUARTER, AMERICAN DIGEST,  Wizbang,  Atlas Shrugs, THE ASTUTE BLOGGERS, HotAir, NO QUARTER, PoliGazette and Cold Fury

Update: Right Voices links in. Thank you! 🙂

Update #3: Peace and Freedom Global Future links in. Thank you! 🙂

Update #2: Whole Bunch more cool people covering this:

Edited to remove accidental dupe links… ooops!

A New Parody “Barry’s Farm”

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Here’s the Original Song:


Update: It seems that some Fascist Socialist Liberal twit keeps going around getting my video yanked. No biggie, if they yank it. I will find it elsewhere and put it up. This is America and not fascist Germany and I have the RIGHT to express my opinions about the President and his fascist polices. You liberals don’t like it? TOUGH SHIT! 😡

History about the song and concert

New Lyrics:

Barry’s Farm

(Sung to the tune of Maggie’s Farm by Bob Dylan)

Written by Paleo Pat

I ain’t gonna work on Barry’s farm no more.
I ain’t gonna work on Barry’s farm no more.
Well, I wake up in the morning,
Fold my hands and pray that I might keep my gain.
I got a bill full of Taxes
That are drivin’ me insane.
It’s a shame the way he makes me tip the whore.
Naw, I ain’t gonna work on Barry’s farm no more.

I ain’t gonna work under Barry’s Law’s no more.
I ain’t gonna work under Barry’s Law’s no more.
Well, he hands you a Dollar,
Taxes you a dime,
Looks at you with a grin
While robbin’ you fuckin’ Blind,
Then he taxes you every time you open the door.
I ain’t gonna work under Barry’s Laws no more.

I ain’t gonna be a slave for Barry’s Government no more.
No, I ain’t be a Slave for Barry’s Government no more.
Well, he puts a Tax Bill
in your face just for kicks.
His White House
It is made out of Bricks.
The Secret Service stands around his door.
Ah, I ain’t gonna be a slave for Barry’s Government no more.

I ain’t gonna work for Barry’s Bitch no more.
No, I ain’t gonna work for Barry’s Bitch no more.
Well, she talks to all the people
About Equality and Race and Law.
All the while the workin’ people
Are payin’ for other peoples bad calls
She’s a lying thief, but she says her honesty stands tall.
Naw, I ain’t gonna work for Barry’s Bitch no more.

I ain’t gonna work on Barry’s farm no more.
I ain’t gonna work on Barry’s farm no more.
Well, I try my best
To do the best I can,
But everybody wants you
To pay thier bills for them.
They eat steak while you slave and I just get bored.
I ain’t gonna work on Barry’s farm no more.

Uh-Oh – RNC Committee Member wants RNC Chairman Steele to Resign

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Good Grief. I made the prediction, I did not think that I would be right about it. 🙄

Via TheHill.com

Michael Steele should resign as Republican National Committee (RNC) chairman, according to a committee member from North Carolina.

In an e-mail to fellow RNC members obtained by The Hill, Dr. Ada Fisher, North Carolina’s national committeewoman, said Steele is “eroding confidence” in the GOP and that members of his transition team should encourage him to step aside. Fisher added Steele’s personal e-mail address to the e-mail.

“I don’t want to hear anymore [sic] language trying to be cool about the bling in the stimulus package or appealing to D.L. Hughley and blacks in a way that isn’t going to win us any votes and makes us frankly appear to many blacks as quite foolish,” Fisher wrote.

Fisher, who is one of three black members of the national committee, backed South Carolina GOP Chairman Katon Dawson, whom Steele edged out in the final round of voting to win the chairmanship in late January. She has voiced repeated opposition to Steele, sending dozens of e-mails to committee members even after Steele won election slamming him for any number of chips that have fallen awry.

I do believe that the welcome mat has just worn out for Michael Steele. I look for him to resign soon. I hate to be the one to say it, but Steele brought this on himself. When you go the “Ann Coulter”, attention whore route, you pay the price.

Most likely, he will resign, write a book, become a hero amongst the Independent Conservatives who feel that the G.O.P. does not like “Real Conservatives”. You know, like Allan Keyes? 🙄

This should be an interesting story to follow, indeed!

Others:
Baltimore Sun, Talking Points Memo, Riehl World View, DownWithTyranny!, Ben Smith’s Blogs and PoliticalBase.com Blog

Kewl – Old guy get’s Bionic Eye….

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Before I give the story, I must post this….:

‘Bionic’ eye restores sight to grandfather after 30 years of darkness | Mail Online

A grandfather today spoke for the first time of how doctors helped him see again with a pioneering ‘bionic’ eye implant.

Ron, 73, is one of only three people in the UK who have undergone the revolutionary surgery at London’s Moorfield Eye Hospital.

The pensioner, whose full name was not revealed, spoke of his joy at being able to carry out everyday tasks like sorting the washing since losing his sight in his 40s.

Stuff like this makes me happy to be a blogger. 😀

(H/T HotAir Headlines)

Another Boneheaded move from the Obama Administration….

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Another smooth move from the Harlem Globetrotter Administration. This time towards Michigan, The Detroit News laments:

President Barack Obama’s proposed cap-and-trade system on greenhouse gas emissions is a giant economic dagger aimed at the nation’s heartland — particularly Michigan. It is a multibillion-dollar tax hike on everything that Michigan does, including making things, driving cars and burning coal.

The president is asking for a system of government limits on carbon emissions. The right to emit carbon would be auctioned off to generate revenue for more government spending programs.

The president’s budget projects receipts totaling $646 billion through 2019 from the sale of these greenhouse gas permits.

The goal, according to the president’s budget outline, is to reduce greenhouse gas emissions such as carbon dioxide to 14 percent below 2005 levels by 2020.

Doing so will drive up the cost of nearly everything and will amount to a major tax increase for American consumers.

Such a tax will hit the Midwest particularly hard, which is why House Minority Leader John A. Boehner, R-Ohio, told the New York Times, “let’s just be honest and call it a carbon tax that will increase taxes on all Americans who drive a car, who have a job, who turn on a light switch, pure and simple.”

The carbon tax will be paid by energy companies, manufacturers and public utilities, who will pass the cost on to their consumers. Michigan will be especially targeted. It gets 60 percent of its electric power from coal plants, and the state’s economy is still reliant on heavy manufacturing such as car and truck assembly and auto parts production.

Michigan will lose as carbon tax money is shifted to states with a greater presence of high-tech and service businesses.

The proposed tax would take effect in 2012 and has the very real potential to throw the nation back into recession, if indeed the expected recovery has arrived by then. It’s impossible to raise costs for such basics as manufacturing and energy production by more than half a trillion dollars over a decade and not have the effects felt across the economy.

The nation’s gross domestic product contracted at an annualized rate of 3.8 percent in last year’s fourth quarter — the worst economic record in nearly three decades. Is this really a good time to be talking about a carbon tax? How will such talk impact investment decisions?

Obama promises to use some of the revenues for tax relief for certain workers and some of the rest for subsidies for alternative energy. But that won’t make up for the damage this huge new tax will do to the economy, especially in Michigan.

I would be willing to bet that many people here in Michigan, who voted for the magic moon bat are having a bad case of buyers regret today. This is what happens when you run a Presidential Administration that caters to special interests on the far, far, left and basically tells the rest of the Country to go to hell.

The liberals once made a movie called “Who Killed the Electric Car?” Pretty soon those same Liberals will be making a movie called “Who Killed the Detroit Auto Industry?”