Yikes! – About half of U.S. mortgages are seen to be underwater by 2011

Tim Geithner call your office!

The percentage of U.S. homeowners who owe more than their house is worth will nearly double to 48 percent in 2011 from 26 percent at the end of March, portending another blow to the housing market, Deutsche Bank said on Wednesday.

Home price declines will have their biggest impact on prime “conforming” loans that meet underwriting and size guidelines of Fannie Mae and Freddie Mac, the bank said in a report. Prime conforming loans make up two-thirds of mortgages, and are typically less risky because of stringent requirements.

“We project the next phase of the housing decline will have a far greater impact on prime borrowers,” Deutsche analysts Karen Weaver and Ying Shen said in the report.

Of prime conforming loans, 41 percent will be “underwater” by the first quarter of 2011, up from 16 percent at the end of the first quarter 2009, it said. Forty-six percent of prime jumbo loans will be larger than their properties’ value, up from 29 percent, it said.

“The impact of this is significant given that these markets have the largest share of the total mortgage market outstanding,” the analysts said. Prime jumbo loans make up 13 percent of the total market.

via About half of U.S. mortgages seen underwater by 2011 | Reuters.

I wonder what “The One” will do about this? Cash for Refinancing?

Here’s why:

The drop in home prices is fueling a vicious cycle of foreclosures as it eliminates homeowner equity and gives borrowers an incentive to walk away from their mortgages. The more severe the negative equity, the more likely are defaults, since many borrowers believe prices will not recover enough.

Homeowners with the riskiest mortgages taken out during the housing boom have seen the greatest erosion in equity, in part because they were “affordability products” originated at the housing peak, Deutsche said. They include subprime loans, of which 69 percent will be underwater in 2011, up from 50 percent in March, Deutsche said,

Of option adjustable-rate mortgages — which cut payments by allowing principal balances to rise — 89 percent will be underwater in 2011, up from 77 percent, the report said.

Regions suffering the worst negative equity are areas in California, Florida, Arizona, Nevada, Ohio, Michigan, Illinois, Wisconsin, Massachusetts and West Virginia. Las Vegas and parts of Florida and California will see 90 percent or more of their loans underwater by 2011, it added.

“For many, the home has morphed from piggy bank to albatross,” the analysts said.

It is classic; The textbook reason why you DO NOT give home loans to high risk persons. Because they are the first to lose their jobs when the economy takes a dump.  This is the invention of the Clinton Administration. But yet, no one on the left wants to blame slick willy. Call it the Clinton bubble, call it a huge screw up by the Democrats. I call it reality. Welcome to the Obama Economy and the Democratic Future, brought to you by Clinton stupidity.

A Blogger friend of mine needs help

realmeHis name is Sammy, He is Jewish.

I razzed him once about something and pissed him off. After a while, I felt like a dick and apologized. After we became friends, I learned much about Sammy, I found out we had much in common.

Anyway, Sammy’s now looking at some hard times right now; I can relate; many can, times are tough. I however, have a safety net of sorts. Sammy does not, he is toughing it out and making due. Job prospects are bad and he might have swallow hard and do the Walmart thing.

If you can head on over to Sammy’s Blog and give a buck or two. Consider it an act of charity to a man, who is not drinking the Kool-Aid.

Click here to read Sammy’s Blog Posting.

…..and Thank you.

BREAKING NEWS: Democratic Rep Brad Miller’s Life Threatened over Healthcare Bill

Sigh….Why do people do dumb crap like this?!?!?!

Rep. Brad Miller (D-NC) will not be hosting any town hall events this August — instead, he’s making himself available to constituents for one-on-one meetings about health care reform — and at least part of the reason is this: His offices have received threatening phone calls, including at least one direct threat against his life.

“We had no town hall events scheduled for the August recess anyway, but in light of everything that’s happened — we have received a threatening phone call in the D.C. office, there have been calls to the Raleigh office,” said Miller communications director LuAnn Canipe, in an interview with TPM. The threatening call in question happened earlier this week.

“The call to the D.C. office was, ‘Miller could lose his life over this,'” said Canipe. “Our staffer took it so seriously, he confirmed what the guy was saying. He said, ‘Sir is that a threat?’ and at that time our staffer was getting the phone number off caller ID and turning it over to the Capitol Police.”

They haven’t heard anything back from the police yet, but they did get the caller’s number. So this could develop into something soon enough.

via Dem Congressman’s Office: His Life Has Been Threatened Over Health Care Bill | TPMDC.

This is extremely wrong and very stupid.

Blue Crab Boulevard calls B.S.:

First of all – he had no town hall meetings scheduled – so what, exactly, is he canceling? Let’s face it, Propaganda Points Memo is not exactly a trustworthy source for anything resembling truth, but in this case, the claim is so egregious that it begs for confirmation.

Either produce a police report or stuff your report. This event, according to the report, was reported to the Capitol Police. Produce the report.

A congressman who had no plans to hold town hall meetings excitedly reporting that he is canceling all of his nonexistent town hall meetings stinks out loud of publicity stunt. Produce the report.

Or else you are a fraud. No middle ground here.

Well, I am not taking any chances. To All of the visitors here at PoliticalByline.com. Let me make this absolutely clear. I DO NOT CONDONE, AT ALL; THE USE OF THREATS  OF OR ACTUAL PHYSICAL VIOLENCE TO ACCOMPLISH A POLITICAL GOAL! THAT IS TERRORISM AND IT IS WRONG! 😡

I personally hope that whomever the bonehead was that made such a threat will end up spending some quality time behind bars. While I opposed to the socialism of the Liberal Left; this sort of nonsense is uncalled for and must be stopped. We have a peaceful process in this country, it is called political discourse and elections. Let us stick to that please. We are not Iran or North Korea people, let’s not act like them.

Others: Firedoglake, Now! Hampshire, Glenn Thrush’s Blog, Blue Crab Boulevard, Talking Points Memo and D-Day



William Jefferson found guilty on 11 of 16 counts

One Word…. Good.

Via Nola.com:

In the 16-count indictment, Jefferson was charged with soliciting bribes and other crimes for a series of schemes in which he helped American businesses broker deals in West African in exchange for payments or financial considerations to companies controlled by members of his family, including his brother Mose, his wife, Andrea, their five daughters and a son-in-law.

01nwJeffCase

William Jefferson - Shakedown Artist

Jefferson, 62, who represented the New Orleans-based 2nd Congressional District for nine terms, will now face sentencing by Judge T.S. Ellis III, who earlier meted out stiff sentences for lesser figures in the case. According to the U.S. attorney’s office, Jefferson faced 235 years in prison if convicted on all counts, and will still face substantial prison time.

Prosecutors asked that Jefferson be held as a flight risk, but the judge allowed him to remain free pending his sentencing scheduled for Oct. 30. A forfeiture hearing will be held Thursday to decide what assets Jefferson will have to surrender.

The verdict comes four years after the Aug. 3, 2005 raids of Jefferson’s homes in New Orleans and Washington, D.C., in which the FBI found $90,000 in cash hidden in the freezer of his D.C. home, money the government said Jefferson was going to deliver as a bribe to Atiku Abubakar, then vice president of Nigeria, to gain his help with a telecommunications deal in Nigeria being pursued by Lori Mody, a Northern Virginia businesswoman.

The money was the lion’s share of $100,000 in FBI cash that the congressman was videotaped receiving packed in a briefcase days earlier in a suburban Virginia parking lot from Mody, who, beginning in March of 2005, had become a cooperating witness for the FBI, secretly taping her conversations with Jefferson.

The jury did not find him guilty on the Foreign Corrupt Practices Act, which was the count linked to the money in the freezer.

While Mody did not testify at the trial, the jury heard segments of her taped conversations with Jefferson along with more than six weeks of testimony from government witnesses, including iGate Inc. CEO Vernon Jackson and Mody financial adviser Brett Pfeffer, both of whom are serving time after pleading guilty to their involvement in the bribe schemes, and hoped to see their sentences reduced in exchange for their testimony against Jefferson.

Jefferson did not testify in his own defense and his formal defense lasted only about two hours. In his closing argument, lead defense attorney Robert Trout presented his client as a man whose dealings had placed him in an ethical “gray” area, but who had not broken the law.

I will simply say this; as a non-partisan Conservative blogger who knows full well that there is corruption on both sides of the aisle, I will simply say this. I am very pleased that this man was caught. I only hope now that it does not stop this guy; but rather continues with others that are extremely corrupt up on capital hill.

Exit question: How long till the race baiters like Al Sharpton come out saying that this bust was racially motivated?

Others: Gateway Pundit, Michelle Malkin, , Macsmind, Flopping Aces, Blue Crab Boulevard Wizbang, Patterico’s Pontifications,

Once again Andrew Sullivan shows that he is not a Conservative

Andrew Sullivan is Astroturfing (or is it asshole-turfing? Most likely BOTH in Sullivan’s case! DohHypnotized)   for his fellow Liberals.

Andrew Sullivan says:

welcome2insanity(2)Here’s another example. There’s a groundswell of grousing on the right about the cash-for-clunkers program, because the feds were caught off-guard by its popularity. The argument is that if the government can’t run cash-for-clunkers, how can it run healthcare?

To which one might respond: but cash-for-clunkers is one example of the government actually doing something right, helpful and popular. It’s the kind of pragmatic experimentation that FDR tried repeatedly. So you have a practical, targeted measure that seems to have helped abate a deeper recession in the auto industry, and the right is obsessed with the ideological abstraction of “government.”

What conservatives have to do, in my view, is not demonize government, but to champion limited government. If government can do tangible practical things that help everyone, while balancing its budget, it’s doing what conservatives think it should. Smart, practical initiatives that address problems that the private sector has failed at: what else is government for? The rest is ideology – and it seems to be all the Republicans have left.

Can someone tell how the Government affecting the Markets is doing something right? I mean, Ron Paul knocked out of the ballpark, when he said in his video that, while the “Cash for Clunkers” program might help those who are able to buy cars; but that it would damage the market for the poor people who buy those older so-called “Clunker” cars.

Reason Magazine’s Matt Welch weighs in:

I’m nobody’s conservative, but I’m pretty sure if I was telling conservatives how to think I wouldn’t admonish them for failing to champion limited government within two sentences of praising FDR’s pragmatism. It’s like, I dunno, lecturing the Labour Party about demonstrating their pro-union bonafides while praising Margaret Thatcher’s centrism. Sounds a bit off.

[….]

Sullivan is dead right about one thing: Cash-for-clunkers is indeed very “popular.” So is the home mortgage interest deduction, the prescription drug benefit, and any number of federal programs that siphon from the diffuse pool of tax revenue+debt and blast out concentrated benefits to the broad middle class. The standard for judging these things shouldn’t be popularity–Richard Nixon’s wage-and-price control spasm of 1971, to name one of many historical measures now widely and rightly considered asinine, was hugely popular at the time–but whether they make sense in both the short and long term.

Cash-for-clunkers amounts to a rounding error in Tim Geithner’s nose-hair at this point, which is probably why at least some liberals seem so genuinely baffled by the disproportionate criticism it has drawn. But for some of us it’s also a nearly perfect symbol of economic statism run amok. The federal government is taking from the many, giving it to the less-than-many, destroying functional cars, funneling money to an auto industry that it already largely owns (at a hefty taxpayer price tag), then taking multiple (and multiply premature) bows for rescuing the economy and the auto industry in the process.

I understand, and even appreciate, that not everyone interprets things this way. But what I don’t understand, and ultimately don’t respect, is the weird urge to react to yet another Obama administration brainfart by rounding up its opponents and putting them in a metaphorical holding pen marked “ideologically obsessed.” Particularly after eight years in which the only detectable ideology was taxcut-and-spend, and otherwise do what parties in power always do: look for creative new ways to bribe the middle class.

I happen to like that last part about bribing the middle class. Is not that the honest truth? I mean, the Republican Party does it, and so do the Democrats. Bribe the middle class for their vote. I tend to believe it happens on the left more; but honestly, both sides do it. This program is an example of that.

James Joyner weighs in as well:

Piggybacking on WSJ’s point, it strikes me that the “clunkers” aspect of this arrangement is morally dubious. Glenn Reynolds‘ 2004 Mazda RX-8 is a clunker that, were he so inclined, he would be eligible to trade to the government (indirectly) for $4500.  It would then be scrapped.  Doesn’t this remove a perfectly good used car from the market that some person of modest means could otherwise have purchased, either upgrading from an older, less reliable vehicle or none at all?  And doesn’t doing that mean the price of other used cars will increase accordingly?

Which is exactly what Ron Paul said in his video. Here is another area that this program will hurt. Auto Mechanics; these guys are the ones who keep those older cars going, thus creating a living for themselves. Which, in case the liberal socialist left have forgotten; does contribute to the economy. Which proves to the this writer, that the socialist far liberal left, in their quest to further their so-called Green agenda, which is basically a big scam, that is only going to benefit big business; they have left the most important people behind —- their constituents, that are the poor and lower middle class in this Country.

Graphic Credit: McGurk @ Ace of Spades

The Obligatory Bill Clinton rescues two liberals from California posting

Yes, I know about it.

The next question is; do I honestly care?

No.

Why?

Honestly, why the hell would I give two shits whether or not a Former President who should be, by rights, in jail for the murder of a group of Christians in Waco, Taxes; went and saved two leftist [removed] from North Korea?

Perhaps these two idiot liberals will now have second thoughts about the whole Liberalism idea and will become Conservatives. Seeing that they have experienced the horrors of true Communism; which is a step above Socialism.

I am quite sorry, but I just do not quite honestly give a shit.

There, I said it, I feel better.

Others: Macsmind

Update: When I wrote this last night, it was late and I was quite tired. I never should have put the words that I did in there. For those I offended, I apologize. However, my feelings about the rescue remain unchanged. The reason I say this is because; anyone that knows anything about the modern day Progressive AKA Socialist Democratic Party knows that it is one step below Communism. This is why I feel the that I do about this rescue.

Ron Paul says that “Cash for Clunkers” hurts the poor

I do not always agree with the Ron Paul. But this time; he is dead on. His point is that the liberals in their quest to revive a market for new cars, is destroying a used market for older cars for the poor people to drive. Which is absolutely true. Hell, I drive a damned clunker car! Do you think that I can afford to go buy a new car? Well sure, if someone wants to give me the entire amount needed to buy a new one!  Contrary to what some might believe, some of us Conservatives are not independently wealthy. Some of us Conservatives are below the poverty line. Some of us Conservatives are poor!

However, just because I am not rolling in the dough, does not mean that I want a Government hand out! Just because I am poor, does not mean that I want the Government controlling every aspect of my life either!

You ask, “If your are so damned poor, than why the hell are you a Conservative?!?!” Because I know the truth about the Democratic Party; how they use poor people, black people, and other minorities, all for their votes and to achieve idiotic goals of a socialistic society.

So, again; I might not always agree with Ron Paul, but this time, he knocked it out of the ballpark.

Here’s the video: (Via The Daily Paul)

By the way,The Daily Paul is a decent website as well; even if the owner did refuse to buy advertising on my site. I guess I wasn’t worth the investment. 🙄 In case he’s forgotten, it was with his Gold business that he runs.

Oh Wonderful…. There are Russian Subs Patrolling Off East Coast of U.S.

As if we do not have enough trouble already.

A pair of nuclear-powered Russian attack submarines has been patrolling off the eastern seaboard of the United States in recent days, a rare mission that has raised concerns inside the Pentagon and intelligence agencies about a more assertive stance by the Russian military.

The episode has echoes of the cold war era, when the United States and the Soviet Union regularly parked submarines off each other’s coasts to steal military secrets, track the movements of their underwater fleets — and be poised for war.

But the collapse of the Soviet Union all but eliminated the ability of the Russian Navy to operate far from home ports, making the current submarine patrols thousands of miles from Russia more surprising for military officials and defense policy experts.

“I don’t think they’ve put two first-line nuclear subs off the U.S. coast in about 15 years,” said Norman Polmar, a naval historian and submarine warfare expert.

The submarines are of the Akula class, a counterpart to the Los Angeles class attack subs of the United States Navy, and not one of the larger submarines that can launch intercontinental nuclear missiles.

According to Defense Department officials, one of the Russian submarines remained in international waters on Tuesday about 200 miles off the coast of the United States. The location of the second remained unclear. One senior official said the second submarine traveled south in recent days toward Cuba, while another senior official with access to reports on the surveillance mission said it had sailed away in a northerly direction.

via Russian Subs Patrolling Off East Coast of U.S. – NYTimes.com.

This is exactly what the United States does not need right now. Rogue Subs near our coastal waterways; If the President was a real President and loved this Country the way he should. He would order those vessels out of the area or He would order the Military to get them out of our area.  The President needs to stop playing patty cake with the Russians and give forceful with them. Ether get in line or else, face our wrath. But seeing this is the apology tour President; I do not expect much from him, at all.

Others: Hot AirGawker and JammieWearingFool

White House wants snitches!

This is seriously screwed up. Now The Obama Administration wants people to snitch on this who are opposed to the Public Healthcare opinion.

If you see anybody publicly opposing President Obama’s plan to implement a government-centric overhaul of the health care system, the White House wants you to report that person (or persons) ASAP.

From the White House website:

There is a lot of disinformation about health insurance reform out there, spanning from control of personal finances to end of life care. These rumors often travel just below the surface via chain emails or through casual conversation. Since we can’t keep track of all of them here at the White House, we’re asking for your help. If you get an email or see something on the web about health insurance reform that seems fishy, send it to flag@whitehouse.gov.

Emphasis added. Of course, as we’ve seen in the health care debate to date, the term “disinformation” is used by the Obama White House as a catchall to describe any opposition to the President’s push for single-payer, government-run health care — meaning the White House wants to be informed of any forwarded emails or blog posts or any “casual conversations” that could be taken as opposition to their health care overhaul plan.

The White House has, as yet, offered no explanation of what it is they plan to do with the tips on policy opposition they hope to receive from citizen informers.

Interestingly, as Jake Tapper pointed out on Twitter this morning, the title of that post on the White House is a quote from John Adams’ 1770 “Argument in Defense of the Soldiers in the Boston Massacre Trials.”

via Call For Informants: If You Oppose Obamacare, Even in ‘Casual Conversation,’ the White House Wants to Know About It – Jeff_Emanuel’s blog – RedState. (H/T Michelle Malkin)

That is what I would like to know, what does the White House plan on doing to these people, who decide to oppose the White House plan? Have us all killed? It is to wonder.

This is nothing short of Communist Russia man, or even worse Nazi Germany. Snitch on those who oppose. Get ready folks, because this is going to get ugly, I believe.

Others: JustOneMinute, JammieWearingFool, The Volokh ConspiracyRight Wing NewsThe Next RightThe Jawa Report, , Atlas Shrugs, Townhall.com, QandO, TigerHawk, Wake up America, Stop The ACLU, , Argghhh!, Dr. Melissa Clouthier, Michelle Malkin

White House Counsel’s Job on the line

This is an interesting story….

Via The Wall Street Journal:

Obama administration officials are holding discussions that could result in White House counsel Gregory Craig leaving his post, following a rocky tenure, people familiar with the matter said.

"That's right Cracka BOW to your Negro Master!"

"That's right Cracka BOW to your Negro Master!"

Mr. Craig, the top lawyer at the White House and a close aide to President Barack Obama, has helped lead the administration’s efforts on several national-security issues that once enjoyed popularity but have since become become political liabilities for Mr. Obama.

These include the closure of the prison at Guantanamo Bay, Cuba, the release of Bush administration-era national-security documents, and efforts to find legal ways to indefinitely hold some detainees who can’t be put on trial.

The decision to close the Guantanamo facility became a political problem for Mr. Obama when concerns arose that some of the detainees would be released into the U.S. and the public soured on the move.

Of course, you can count on the White House for that transparency that Obama touted, right?

Mr. Craig didn’t respond to questions about his job as White House counsel for this article.

The people familiar with the matter said a final decision hasn’t been made.

In a statement, White House Deputy Chief of Staff Jim Messina said: “We’ve addressed these rumors before. They are nothing more than typical Washington parlor games. It’s disappointing that while we are focused on reviving the economy and fighting two wars, others spend their time pointing fingers in an attempt to promote their own status.

Well, not so much. Wait! Was that a veiled swipe at Hillary? Remember Mr. President Douche Nozzle, only reason you got that President’s job is because Hillary knew it would destroy your party for her to continue the fight.

Moving right along, it appears this is the reason that this guy is on his way out:

Mr. Craig has come under criticism from inside the administration and in Congress for a perceived failure to manage the political issues that have originated from Mr. Obama’s decision to close Guantanamo, according to officials in the administration and in Congress. This criticism has drawn focus away from president’s priorities, such as health care and energy.

[…]

As an example of the difficulties Mr. Craig faced, the officials cite the president’s move in May to reverse a decision that would have led to the release of photos showing abuse of terror detainees during the Bush administration.

Weeks earlier, Mr. Craig brought Mr. Obama plans to release Justice Department memorandums detailing the Bush administration’s policies on terrorism detainees. Some Obama national-security officials complained they hadn’t been consulted, people familiar with the matter said, and the objections prompted weeks of debate inside the administration.

Mr. Craig and Attorney General Eric Holder won the fight to release the memorandums, with minimal redactions, but the White House had to move quickly to limit political damage. Former Vice President Dick Cheney sharpened criticism of Mr. Obama during a televised speech that followed Mr. Obama’s own address intended to explain his national-security vision.

At around the same time, the administration was running into trouble with plans to move to northern Virginia at least some Chinese Muslim Uighurs who remain detained at Guantanamo despite being cleared for release. The furor over the possible release of former suspects in the U.S. led Congress to overwhelmingly pass new restrictions, including barring spending to close the Guantanamo prison.

Mr. Obama signed executive orders during his first week in office to close the Guantanamo prison, to review the cases of the more than 200 detainees there and to draw up possible changes to detention and interrogation policies.

At the time Mr. Obama enjoyed public support for his Guantanamo plans, polls showed. Six months later that public support has dissipated, polls show.

Sen. Lindsey Graham (R., S.C.), one of the administration’s allies on the Guantanamo closure, faulted the White House handling of Guantanamo. “Announcing the closure without a plan has put in jeopardy the ability to close Guantanamo. Now public opinion has turned,” Mr. Graham said Monday.

Looks like the reason why this guy is on his way out; is simply because he could not or would not push through the President’s agenda. When the support dropped from the America people and the agenda could not be fulfilled, Obama throws him under the Bus. So typical for the Chicago thug politics that Obama is infamous for.

Others: Hot Air, Weekly Standard

Obama Adminstration Cronyism Continues: Security Cyber Czar Steps Down

Man, I think Michelle Malkin released her book a bit too early.

The White House’s acting cybersecurity czar announced her resignation Monday, in a setback to the Obama administration’s efforts to better protect the computer networks critical to national security and the global economy.

The resignation highlights the difficulty the White House has had following through on its cybersecurity effort. President Barack Obama first outlined his cybersecurity plans in a high-profile speech May 29, announcing his intention to create a top White House cybersecurity post — a position he has yet to fill.

Melissa Hathaway, who completed the Obama administration’s cybersecurity review in April, said in an interview that she was leaving for personal reasons. “It’s time to pass the torch,” she said, adding that she and her colleagues have provided an “initial down payment for what’s needed to start to address cybersecurity.”

via Security Cyber Czar Steps Down – WSJ.com.

The reason for her departure?

People familiar with the matter said Ms. Hathaway has been “spinning her wheels” in the White House, where the president’s economic advisers sought to marginalize her politically.

[…]

Ms. Hathaway had initially been considered a leading contender to fill the cyber post permanently. She lost favor with the president’s economic team after she said it should consider options for regulating some private-sector entities to ensure they secure their networks, said cybersecurity specialists familiar with the discussions. Being a holdover from the Bush administration didn’t help either, they said.

So much for that bipartisanship and all that talk of leading from the center that we heard about during the election. If you are a Conservative or a hold over from Bush’s Administration, I think it would be a good time to update that resume! Because sooner or later the Oaf in chief is going to throw you under the bus.

Hope and Change and Transparency. What a lie! 🙄

Obama wants to be buddies with this Country’s President??!?!

You will have to see this video to believe it.

This is in Hugo Chevez’s Venezuela: (H/T Fausta’s Blog)

The Back Story Via Fausta:

BREAKING NEWS: As I posted this, Lina Ron y grupos afectos al gobierno atacaron sede de Globovisión Noticias 24 reports that Globovisión’s headquarters has been attacked with tear gas. Here is Globovisión’s live Ustream podcast and Twitter feed, and YouTube video.

Chavez Supporters Ramp Up Attacks On Venezuela’s Globovision

group from a political party aligned with President Hugo Chavez Monday stormed the headquarters of Globovision, a news network that is facing a mounting offensive by the government that could shut it down.About 35 people riding motorcycles and wearing flags from Union Patriotica Venezolana (UPV), a political party that supports Chavez, entered the network’s headquarters threatening personnel with guns and throwing tear gas, Globovision workers said in interviews broadcast by the news channel.

Images from security cameras transmitted by Globovision showed the men surrounding the channel in their motorcycles, wearing UPV flags on their backs and throwing devices that appeared to be tear gas.

Interior Minister Tarek El-Aissami said the government “energetically rejects” any violent actions. He said the government would take measures against the perpetrators of the attack regardless of who they were.

The images broadcast by Globovision show a woman the network says is Lina Ron, a UPV leader and a radical Chavez supporter. In the past, Ron has appeared side by side with Chavez at mass gatherings and participated in joint press conferences with the top brass of the president’s socialist party.

In February 2008, Ron led a group that stormed the episcopacy in Caracas after leaders from the Catholic church criticized Chavez. The president at that time condemned Ron’s actions, though months later appeared with her in political rallies.

…and yet our President supports and wants to be buddies with this guy. Maybe it is because he is a terrorist too; as they say, birds of a feather flock together.

Liberal Hypocrisy of the day

Via Weekly World News:

obama_joker

obama_joker_posters

and the knee jerk reaction from L.A. Daily:

A new poster depicting President Obama as a version of Heath Ledger’s Joker character in The Dark Knight has appeared in Los Angeles, according to rightwing sources. Blog posters to such online sites as American Thinker and Tammy Bruce are predictably in the throes of political orgasm.

The poster, which bears a very superficial resemblance to Shepard Fairey’s famous Obama Hope illustration, has been pasted on freeway supports and other public surfaces. It has a bit of everything to appeal to the drunk tank of California conservatism: Obama is in white face, his mouth (like Ledger’s Joker’s) has been grotesquely slit wide open and the word “Socialism” appears below his face. The only thing missing is a noose.

Hmmmm….. Does anyone remember this?: (Via Big Hollywood)

bushdevil

All one need to do is a quick google image search you’ll all sorts of unhinged liberal stuff against Bush:

You know Stuff like this:

stopbush-3222-20nov03

and this:

Bush_is_the_disease_punks_3531

But yet, the liberal L.A. Weekly will wet their pants over something as simple as calling Obama and joke and a, God-forbid, Socialist?!?!

Hypocrisy, thy name is Democrats, Liberals and Socialists.

Others: theblogprof, Hot Air, American Power, Don Surber, Macsmind, Big Hollywood, American Thinker, The washington times Blogs and Conventional Folly

Living Proof that the Media is trying to protect Obama Update: Document is bogus; Joe Farah is an assholeUpdate: Farah Covers his own ass

Update #3: I yanked the video, because now, seeing that Mrs. Tate’s Piece of evidence has now been exposed; why have the video of her acting like an ass? No point so, I pulled it.

Second this little gem from WorldNetDaily:

WASHINGTON – Fox News Channel host Bill O’Reilly invited WND Editor Joseph Farah on his show tonight to discuss eligibility questions surrounding Barack Obama, then backed out when the guest insisted on sticking to facts and conducting a civil discourse with no shouting.

O’Reilly producer Ron Mitchell contacted Farah Sunday night asking if he could be on the program tonight. Farah replied that he was available and that details could be worked out with his publicist, Maria Sliwa.

In turn, Sliwa presented Mitchell with a short list of criteria for Farah’s appearance:

Though a sober and civil discourse is always welcome, shouting is not;

No other guests on during the segment with Mr. Farah;

Discussion to be limited to the facts of the story;

Accurate, approved description of Mr. Farah and news organization he represents;

Screen ID chyron to be approved by Mr. Farah.

In turn, Mitchell replied that he would have to “discuss his requests with Bill.”

Two hours later, the reply from Mitchell came back: “I’m afraid that is not going to work for us.”

Farah had challenged O’Reilly in a column last week about his assertions that he had investigated the questions involving Obama’s birth certificate and found them to be without merit.

He wrote: “I have a challenge to my old buddy Bill O’Reilly – put up or shut up!

“You told your viewers this week that challenges to Barack Obama’s constitutional eligibility are ‘bogus.’

“You claimed you and your news organization examined Obama’s birth certificate last year and found it to be in order.

“Can I ask a question, Bill? Why don’t you simply reveal to your viewers exactly what you saw and what you found?

“Fox News Channel’s slogan is, ‘We report, you decide.’ Why don’t you try actually reporting the story, rather than deciding for us?”

Farah said he was not surprised O’Reilly wouldn’t agree to a civil discourse and a calm discussion of the facts.

“I wanted to shed light on this issue, but evidently O’Reilly only wants ratings heat,” he said.

I do not know about you. But now, it seems that the Main Stream media is now trying to protect Obama on this issue of his Birth Certificate ; and yes this includes Bill O’Reilly. Which does not surprise me, Bill does not like to be told what to do. Needless to say, that the Media is treating this the wrong way. It is going to come back to haunt them; Bill O’Reilly included.

The President can stop all of this madness, he can order the release of the original long form Birth Certificate; and not that damn forgery.

Update: Seems like the little Document that Orly Tate floated to the media is Bogus as hell. She’s a fucking far right wing and yes, I call her a rabid Zionist twit, and Joe Farah is in on it with her. To hell with the both of them! I cannot believe that I fell for that nonsense. 😡

Update #2: Joe Farah NOW says that he had doubts about the whole thing, but still he allowed HIS news organization report. So, As far as I am concerned; Joe’s an asshole and a irresponsible one at that. The funny thing is, that bastard wanted ME to work for him, running at Blog at one point. Ha! Yeah, like I would work for a fabulist writer like him.

Paul Krugman defends Michelle Malkin?!?!?!?!?!?!?

Breaking News, I just saw a pig flying outside of my house. 😀 😉 😛

In other news, Paul Krugman defends Michelle Malkin.

Quote:

No, really. She’s been getting a lot of grief from progressive bloggers for saying that extended unemployment benefits cause higher unemployment, and attributing that view to Larry Katz, who has gone to some pains to say that he believes no such thing.

But while Larry Katz doesn’t believe that unemployment has surged because the government has made being unemployed such a great deal, Casey Mulligan of the University of Chicago does — or at least he has been saying that unemployment is high not because employers have become less willing to hire, but because workers have become less willing to work. So Ms. Malkin’s theory of unemployment is no crazier than what’s coming out of some of our leading universities.

Pinch me, seriously, someone pinch me. 😮

Michelle Malkin does “The View”

In all honesty, it was not nearly as bad as I thought it would be. I thought that it would devolve into a swearing and screaming match and that someone would end up with a black eye. I was kind of actually hoping that Michelle would clock Joy Bayhar into the eye or something. I hate that Bitch with a passion. AngryBut Alas, it was quite civilized.

Quoting Michelle on the experience:

Just finished up on The View, where I sparred with the ladies about Culture of Corruption.

[……]

Best part: Every single member of the audience got a copy of the book!

Second best part: Whoopi Goldberg, who didn’t read the book, asserting that I called the administration the most corrupt ever in the book when I was on the set — and then waiting for me to leave to falsely assert that “that young lady” said it on the Today Show.

No, I didn’t.

[……]

As I said on the show, my argument is that the Obama administration needs to be held to its own standards and rhetoric — and by that standard, it is one of the most corrupt in recent history — a point I made on the Hannity show last Monday when I launched.

You know you’ve won the argument when the ladies of the View are reduced to arguing how corrupt Team Obama is, and not whether.

Here’s the video: (H/T to AllahPundit)

I have to say that I loved the quip by Michelle; when she referred to Elizabeth is the friendly side of the table. Hee hee I also found it extremely ironic, that the three liberal suck bags; when they saw that they were losing the debate on the Obama Administration, they began bringing up the Bush Administration and the Iraq War. The old classic “We’re losing here, so, let’s change the subject.” Also, About the Iraq war, We won the war and have mostly withdrawn from Bagdad.   I wonder what the Iraqi people think about the United States of America just pulling out of that Country and leaving it to chaos. Hello! Does anyone remember Vietnam? Idiots. They are the ones that caused America to lose that war. They see it as a major victory.

Anyhow, It is an enjoyable video to watch, you can buy Michelle’s book, by going here:

Also, here are Michelle Malkin’s other books as well:

Others: Top of the Ticket, The Anchoress, RealClearPolitics Video Log, Pundit & Pundette, Media Blog, Gateway Pundit, Hot Air, American Power and And So it Goes in Shreveport

The Obama Administration Strong Arms the Television Networks

….and the networks are not liking it at all.

Via the Washington Post:

In the days before President Obama’s last news conference, as the networks weighed whether to give up a chunk of their precious prime time, Rahm Emanuel went straight to the top.

Rather than calling ABC, the White House chief of staff phoned Bob Iger, chief executive of parent company Disney. Instead of contacting NBC, Emanuel went to Jeffrey Immelt, the chief executive of General Electric. He also spoke with Les Moonves, the chief executive of CBS, the company spun off from Viacom.

Whether this amounted to undue pressure or plain old Chicago arm-twisting, Emanuel got results: the fourth hour of lucrative network time for his boss in six months. But network executives have been privately complaining to White House officials that they cannot afford to keep airing these sessions in the current economic downturn.

The networks “absolutely” feel pressured, says Paul Friedman, CBS’s senior vice president: “It’s an enormous financial cost when the president replaces one of those prime-time hours. The news divisions also have mixed feelings about whether they are being used.”

While it is interesting to see how a president handles questions, Friedman says, “there was nothing” at the July 22 session, which was dominated by health-care questions. “There hardly ever is these days, because there’s so much coverage all the time.”

Well, it might have to do with something, with the fact that President Obama is nothing more than a sleazy Chicago Politician!

Of course, Liberals will say; “Well the Bush Administration did the same thing!”

Wrong.

Tensions have been building behind the scenes. Some television executives say the Bush administration informally floated possible news conference dates in advance, while Obama officials basically notify the networks of their plans. Such an approach prompted calls between White House officials and the top executives at each network, and a meeting between Gibbs and the Washington bureau chiefs.

Since the Reagan era, when cable news was in its infancy, prime-time presidential pressers have been a relative rarity. George H.W. Bush held one in 1992, but the broadcast networks dismissed it as an election-year event and refused to carry it. The following year, when Bill Clinton held his first evening news conference, CBS and ABC stiffed him; NBC carried the first half-hour; only CNN and PBS aired the whole thing. George W. Bush held four such events in eight years.

Can you say buyers remorse? The person whom the liberals thought they were electing the White Knight of hope and change; is nothing more than the black knight of cronyism and political corruption. This article goes on and on, and I recommend that you read it. This Administration is still running in campaign mode. Even worse so, than when Bush was in office. Even Michelle Malkin; when she was on “The View” even said that Obama is nothing more than an extension of the Bush Administration’s overreaching use of the executive power, with the appointing of over 22 czars.

The whole “Hope & Change” line was nothing more than a stinking lie, and the American people and the liberal media are slowly, but very surely, waking up to this sobering fact.

College Grad sues college because she cannot find a job

Good grief…. Does this mean I can sue my local job search service here in Michigan? Because I cannot find a job driving semi? or maybe the college I attended? Egad.

Via the New York Post:

She has given new meaning to a class-action lawsuit.

Trina Thompson gave it the old college try, but couldn’t find work. Now she thinks her sheepskin wasn’t worth her time, and is suing her alma mater for her money back.

The Monroe College grad wants the $70,000 she spent on tuition because she hasn’t found gainful employment since earning her bachelor’s degree in April, according to a suit filed in Bronx Supreme Court on July 24.

The 27-year-old alleges the business-oriented Bronx school hasn’t lived up to its end of the bargain, and has not done enough to find her a job.

The information-technology student blames Monroe’s Office of Career Advancement for not providing her with the leads and career advice it promised.

“They have not tried hard enough to help me,” the frustrated Bronx resident wrote about the school in her lawsuit.

“She’s angry,” said Thompson’s mother, Carol. “She’s very angry at her situation. She put all her faith in them, and so did I. They’re not making an effort.

Hell, I am angry too. I took Truck Drive Training school in 2003 and I still have not been able to find a local driving job. I should sue the school, they didn’t stand on their heads to find me a job good enough. 🙄

Jonathan Turley says that suit has snowballs chance in Hades of going anywhere:

The basis of the lawsuit seems entirely frivolous and could result in sanctions unless the college made (unlikely) promises of employment.

She accuses the Office of Career Advancement for not providing her sufficient support — a common complaint among students.

The college promises a lifetime of free service for graduates, but it does not promise a job. Thompson feels that the college falsely promised support and leads for jobs.

That is the whole point. The school promises leads; not jobs. This is how colleges avoid lawsuits, they can point you in the right direction, but they cannot promise you an actual job. If any college tried to do that, they would be up to their eyeballs in lawsuits.

Seriously though, I think I enjoy writing better. But I would love to write for an online Conservative political magazine. Call me, people, call me! 😀

Liberal Blogger who started Palin rumor outed

His name is Jesse Griffin and he is a teacher of children in Alaska. Even though he looks like quite the gay twink to me.

From his little Blog:

As many of you are already aware I DID receive a notification from Palin attorney Thomas Van Flein yesterday. It arrived in my e-mail in PDF form and you can read it over at the Alaska Report.

Now Van Flein is forcing me to make an admission that I have resisted addressing for the four plus years I have had this blog.

Yes I DO work in a Kindergarten class during the school year. My main job affords me some time during the day and I have chosen to use it teaching children to read, and helping them to become more independent. I do it because it brings me joy to work with these children and I believe, and have been told, that I am very good at it.

Hopefully that does not diminish me in the eyes of my visitors.

I NEVER discuss politics with my children and they have no idea, nor do most of the adult staff, that I am a blogger. Because to be honest that might diminish me in THEIR eyes.

So thanks to Van Flein you now know my dirty little secret. I am an assistant teacher in a room full of five year old children.

Understanding my love for my job and my desire to protect my children from a potentially frightening encounter, Van Flein threatened to serve my summons “at the kindergarten where you assist”. He did not say the “school where you work”, he specifically mentioned my classroom in order to frighten me into compliance. Why else would he have said that?

Hey, Karma’s a bitch; You use a blog to make up lies to bring hits to your blog; you pay the price. Something tells me, that this little douche nozzle is not going to have a job long in the Alaska school system. I just wonder how long it will be, before someone finds out where else he works and gets him fired from his normal job? Plus, if anyone has this idiot’s address and other information, send it along to me. I would be more than happy to post his address and a nice aerial shot of his house on this Blog here.

You know, I am just going to say it, because I think it just needs to be said. But before I do. No, this isn’t a personal threat. He is in Alaska and I am way over here in Michigan, so, you can rule me going to Alaska to hurt the guy. But I think this jerk off, like all liberals are just pure scum. This guy deserves nothing more than to be found dead in a parking lot somewhere with a bullet in his head. In his case, it would not be murder, but rather a mercy killing. It would be relieving the world of one less scum-ball idiot liberal.

You can check out the blog round up here.

Another fine example of why Liberals are classless assholes

Video Stolen from a Liberal Site, because I like sticking it to a liberal anytime I can. 😀

The Back Story and more from Michelle Malkin:

That’s it. Not a single refutation of a single fact in the book. Bill Maher can’t bring himself to open it and read what’s in between the covers. Why? Because he and all of his enablers in Hollywood, D.C., and Manhattan are in a state of denial about Obama’s Culture of Corruption. They don’t want to hear it, see it, or smell it. Unlike many brave whistleblowers who worked in the Obama trenches and who have seen the light, the liberal elites don’t want to know the truth.

Maher sneers that Obama has only been in office six months.

Hey, Einstein: That. Is. The. Freaking. Point.

Rachel Maddow sounds like an ape with that goofy laugh!

Just another fine example of how Liberal or the Socialist Democrats of 2009 are nothing more than classless assholes.

Could this be the actual Birth Certificate of President Obama? Update: It’s Bogus

kenya-bc

The Story via WorldNetDaily:

California attorney Orly Taitz, who has filed a number of lawsuits demanding proof of Barack Obama’s eligibility to serve as president, has released a copy of what purports to be a Kenyan certification of birth and has filed a new motion in U.S. District Court for its authentication.

The document lists Obama’s parents as Barack Hussein Obama and Stanley Ann Obama, formerly Stanley Ann Dunham, the birth date as Aug. 4, 1961, and the hospital of birth as Coast General Hospital in Mombasa, Kenya.

No doctor is listed. But the alleged certificate bears the signature of the deputy registrar of Coast Province, Joshua Simon Couya. It was allegedly issued as a certified copy of the original in February 1964.

WND was able to obtain other birth certificates from Kenya for purposes of comparison, and the form of the documents appear to be identical.

Last week, a counterfeit document purporting to be Obama’s Kenyan birth certificate made the rounds of the Internet, but was quickly determined to be fraudulent. The new document released by Taitz bears none of the obvious traits of a hoax.

Taitz told WND that the document came from an anonymous source who doesn’t want his name known because “he’s afraid for his life.”

Taitz’s motion, filed yesterday in the U.S. District Court for the Central District of California, requests the purported evidence of Obama’s birth – both the alleged birth certificate and foreign records not yet obtained – be preserved from destruction, asks for permission to legally request documents from Kenya and seeks a subpoena for deposition from Secretary of State Hillary Clinton.

“I filed the motion with the court asking for expedited discovery, which would allow me to start subpoenas and depositions even before Obama and the government responds,” Taitz told WND. “I am asking the judge to give me the power to subpoena the documents from the Kenyan embassy and to require a deposition from Hillary Clinton so they will be forced to authenticate [the birth certificate].

“I’m forcing the issue, where Obama will have to respond,” she said.

“Before, they said, ‘You don’t have anything backing your claims,'” Taitz explained. “Now I have something. In fact, I have posted on the Internet more than Obama has. My birth certificate actually has signatures.”

Of course, already the terrorist supporters and Liberal traitors to America are already discounting this story. These are same ones who stabbed supporters of Israel in the back. So, this is not much of surprise.The funny thing is, these America and Israel hating, Terrorist loving bastards try to spin this into some sort of opposition to Nazi Fascism; when in reality they are the ones who are the Jew haters and Islamic terrorist sympathizers. Update: While I still have my issues with Charles Johnson, I publically retract this statement. I was had. Fuck Orally Tates the damn Zionist twit.

You see, liberals know how this man was elected. By Islamic and terrorist sympathizers abroad.  It has been documented how there was no credit card verification system in place and one could add an address from anywhere and get away with it. In fact, the Federal Election Commission’s server is so slow, that it is impossible to go through the names of any of the candidates to check for fraud. Is this just consequential or is it by design? Those are the facts that I and many other America-loving patriots want to know.

Until we get these questions are answered. There will be no stop in the quest to find out the truth. Is President Barack Hussein Obama really a citizen of the Unite States of America? Until he releases the ORIGINAL, not a copy, but the ORIGINAL long form birth certificate. Real, clear thinking Americans, like me, will have assume that he is not.

UpdateThe Free Republic has a interesting discussion on this.

Update # 2: It appears that this whole damn thing is a bogus fraud. The Washington Independent has the scoop. (H/T AllahPundit):

One of my friends in the small community of Obama “birther”-debunkers passes on quite the discovery: a 1964 “certified copy of registration of birth” from Australia, easily available on Bomford.net, a genealogy site. There are striking similarities between this document and the one Orly Taitz is passing off as a “Kenyan birth certificate” for Barack Obama.

– The design is identical, down to the seal at the top and the classifications (”Christian name,” etc) used for identifying the baby.

– The “registrar” on the Bomford document is G.F. Lavender. On the Taitz document, it’s E.F. Lavender.

– The “district registrar” on the Bomford document is J.H. Miller. On the Taitz document, it’s M.H. Miller.

– The number of the book is identical on both documents: Book 44B, Page 5733.

What’s more likely — that two Kenyan bureaucrats shared last names with two Australian bureaucrats, and that the numbers on both certificates were identical? Or that someone used this document, available online for anyone who wanted to look, to forge the Obama “certificate?”

Here’s the document:

DavidJeffreyBomfordBirthCertDoc65

As of right now, Orly Tate is discredited in my eyes. She ought to be stripped of her legal license for passing off phony documents as real ones. I will never ever make another posting about this subject again; unless I see some prove positive that Obama is not a United States Citizen. Shame on Joe Farah and his ilk for passing off stupid forgeries and Zionist propaganda as truth.

Geithner says that the Government might have to hike taxes on the middle class

Remember this little bogus promise during the election?

Video: (H/T to Pat Austin)

The Obama Administration; Spending Government money, No problem. Appeasing terrorists, No problem. Keeping Campaign promises? Not so much.

The Report from George Stephanopoulos:

To get the economy back on track, will President Barack Obama have to break his pledge not to raise taxes on 95 percent of Americans? In a “This Week” exclusive, Treasury Secretary Tim Geithner told me, “We’re going to have to do what’s necessary.”

Geithner was clear that he believes a key component of economic recovery is deficit reduction. When I gave him several opportunities to rule out a middle class tax hike, he wouldn’t do it.

“We have to bring these deficits down very dramatically,” Geithner told me. “And that’s going to require some very hard choices.”

“We will not get this economy back on track, recovery will be not strong and sustained, unless we convince the American people that we are going to have the will to bring these deficits down once recovery is firmly established,” he said.

While Geithner told me, “There are signs the recession is easing,” he warned that, “We have a ways to go.”

“I want to emphasize the basic reality that unemployment is very high in this country,” the secretary said. But, he underlined that the administration is “going to do what is necessary to bring growth back on track.”

Click here to watch the video. It is very telling of this Administration.

It is quite obvious to this writer that the Barack Obama Administration had no intention of fulfilling this promise. The socialist left has a warped mentality; they believe that the entire Nation, rich and middle class alike, should pay for the socialist programs for the poor in this Country. This is nothing more than classical class warfare. If you are a working person in this Country, this means that your paycheck, the reward for the sweat of your labor will be going to fund Socialized Medicine. Some if you will say; “Well, it has always been that way.” That is true to extent, but if the Obama Administration does what they are really wanting to do here. Everyone that has any sort of a job will pay double taxes to pay for a Government controlled medical insurance system.

Just another broken promise of the Barack Hussein Obama Administration.  Where hope and change is just another stupid talking point.

Others: And So it Goes in Shreveport, Hot Air, Dr. Melissa Clouthier and Below The Beltway

Police State?: Is Virginia State Police targeting Tea Party Protesters?

Just a short story via Linda Gelbhaar on twitter…

Seems the Virginia State Police is now targeting Tea Party Protesters.

A called Blog Tertium Quids has the story:

Another troubling matter regarding Tea Party organizers, Rep. Tom Perriello, Obama administration functionaries and the Virginia State police. Via email:

Danville TEA Party chairman Nigel Coleman said Virginia State Police officers Monday came unannounced to the home of another member of the group to question him about attending a town hall meeting Saturday in Blairs which featured Perriello and two Obama cabinet secretaries.

And this…

Saturday, Coleman, the group’s chair, and other TEA Party leaders were refused an opportunity to ask Perriello a question during the event, and then were instructed by a plainclothes police officer to leave the property when they attempted to display signs urging the congressman to follow the Constitution and oppose Pelosi’s “socialized medicine scheme.” Coleman said he and the others peacefully complied, but were followed to a restaurant by an officer in an unmarked car, who then exited his vehicle, walked over to the activists’ cars, and called in their license plate numbers over the phone.

Go read the rest of this there and let people know about this one. Because if the police are now targeting Tea Party protesters; we have a serious problem.

Virginia State Police contact info is here:

7700 Midlothian Turnpike
Richmond, VA 23235

Phone: (804) 674-2000

Click here for e-mail

Remember, no threats, and be polite; just ask them why they are targeting tea party protesters.