Obama Says: “I do think at a certain point you’ve made enough money”

This is unbelievable.  (H/T HotAir)

Video:

Partial Transcript:

We’re not, we’re not trying to push financial reform because we begrudge success that’s fairly earned. I mean, I do think at a certain point you’ve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.

The problem is; that was not a part of his prepared remarks, here is what he was supposed to say:

Now, we’re not doing this to punish these firms or begrudge success that’s fairly earned. We don’t want to stop them from fulfilling their responsibility to help grow our economy.

By the way, the radio host is Mark Levin, whom I normally find to be highly annoying; mainly because his voice sounds like the equivalent of dragging a cat backwards through a fan. But, I have to say, that I agree with everything that is said here.

Ed Morrissey, whom I have much respect for, points out the glaringly obvious here:

He should have stuck with the TelePrompter. The President doesn’t get to decide when people have “made enough money.” In fact, as the radio host notes, that’s a statist point of view. Furthermore, the responsibility of an entrepreneur isn’t to “grow our economy,” core or otherwise. It’s to grow his own economy. In a properly regulated capitalist system, the natural tension of self-interests create economic growth through innovation and efficient use of capital and resources.

Put simply, a free people work for themselves, not for the government. Barack Obama seems to have a problem understanding that.

But then again; Marxists usually do. Yesterday, I posted a video by Chris Matthews over at MSNBC basically saying that we should cool it with the Nazi references, when it comes to politics and the Right…and Left. The reason why I say that I agreed with that; is because comparing this President to Adolf Hitler is giving Hitler and this President way too much credit.  Nazism was started because Hitler saw the failures of socialism and sought to improve upon it; a plan the ultimately failed thankfully. This President is just a flat out socialist; he is highly against any sort of unfettered Capitalism at all. I mean, do not misunderstand me here; I am all for seeing the people that capitalized on our economy going down the toilet, having to pay the piper.  But to get in front of people and make a statement like this, is just inexcusable. This might come as a shock to those on the left; I am for Capitalism, but I am not for the reckless greed, that leads to destruction. There is a big difference.

The Bottom Line: The President needs to stick to the teleprompter. Because every time that he goes off of that teleprompter, he exposes himself and that exposure is starting to look very, very ugly.

Update: Others: RedState, Left Coast Rebel, Whiskey Fire, The TrogloPundit, Beltway Confidential, Cassy Fiano, ProfessorBainbridge.com, Neptunus Lex, Confederate Yankee, YID With LID, Animal Farm, Villainous Company, protein wisdom and Pajamas Media

Keith Olbermann has some words for the G.O.P.

Now I realize that Keith Olbermann can be bit over the top. But, if I were a G.O.P. strategist; I would be watching this —- and taking notes.

Obviously, I do not agree with all of this, because some of it, is mired in Liberal talking points and Meme’s. But some of it is absolutely true; and some of it is just perception — which anyone with a brain knows, is worse than reality itself.

I hope someone — anyone, either at the G.O.P. or somewhere within Conservatism is taking notes.

Visit msnbc.com for breaking news, world news, and news about the economy

RedState Update Asks, ‘Where are the Moderate Muslims?’

RedState Update HQ

Update: …and for a Bonus:

Stupid: Idiot kid shows up at airport where President Obama is, with a gun

Egad, this, I think qualifies for “Stuck on Stupid” of the YEAR! 🙄

Joseph Sean McVey - Amateur Call K8JSM

WASHINGTON – The Secret Service does not believe there was a threat to President Obama from an armed man arrested at an airport just after Air Force One left for Washington.

Joseph Sean McVey, 23, of Coshocton, Ohio, sparked alarm when he was collared Sunday at the airport in Asheville, N.C.

McVey, who was wearing a pistol, was observed in a public lot in a car with Ohio plates that had radio antennas, lights and sirens like a police cruiser.

He was listening to a police radio scanner using an earpiece, and told cops he'd heard Obama was in town.

In a cupholder, police found instructions for using a rifle scope, police said.

But a U.S. official told the Daily News that McVey is just a law enforcement buff, and is not considered a threat to the President. Though local authorities held McVey overnight, he was expected to be released soon.

via Joseph Sean McVey, arrested at N.C. airport with gun, was not threat to Obama, Secret Service says.

Here is why this bugs me. This kid is a licensed Amateur Radio Operator. I can tell you, that I have been in this hobby since 1989 and I have never personally encountered anyone this stupid. I can also tell you, without hesitation, that the Amateur Radio Service is NOT an Anti-Government hobby. In fact, it is licensed by the Federal Communications Commission! So, much for all that Anti-Government stuff eh? 😉

However, because I am fair, honest and balanced, not to mention unbiased; I will be the first to admit, that Amateur Radio hobby; like other hobbies, like CB RADIO, Like Firearms, Like Religions, such as Christianity and Islam, does tend to be a bug light for extremists. Mainly because of the Public Service aspect and for it’s teaching of self-reliance.  Conversely, there is nothing wrong with anyone being able to rely on themselves, without the nanny state Government taking care of them. So, there are those, within the hobby, who could be called survivalists.

One thing that I feel the great need to correct, because of statements that I have been reading in various places; is the false rumor or in web 2.0 terms; Meme that is circulating around in parts on the internet that Amateur Radio is a “Rich White Man’s Conservative Hobby.” I am quite happy to report, that little rumor or Meme is totally false. Amateur Radio is a racially and politically and almost everything else under the sun — diverse. There are many blacks, Latino’s, and every other race under the sun, who are Hams. In fact, there is a Amateur Radio Organization, which is exclusively for African-Americans. (although ANYONE is welcomed to join!)  It’s name is OMIK and it’s been around for a long time.  In fact, I have many personal friends who are members of that fine organization.

In closing, I tend to believe that this was just a very bad case of “Stuck on Stupid.” I just wish the stupid was not involved in my hobby! 😡 🙄

Living Proof that Socialist Liberals are Classless Assholes

Oh Wow. This is just unbelievable. 😯

This comes via Right Wing News: (with a special H/T to HotAir.com)

Content Warning! Not Safe for Work!

Unreal…..and they call the right intolerant? Right….

To be fair; if you click here, you can go look at a video, made by the dude fired by Geico. Some of the signs in that video were quite offensive. But the language and hate were strictly on the left.

Confirmed: John Cole has a mental disorder

I hate having to write blog postings like this one. Because I have been in blog wars before; and quite frankly, they suck.

However, when I see someone engaging in this level and depth of innate stupidity and recklessness, I have to say something.

It seems that former Conservative Blogger, turned Liberal shill, John Cole is now starting to carry the Liberal Meme that is common amongst the far left Blogger crowd. Reacting to a rather idiotic column by Thomas Friedman, John Cole delves into the idiocy of the far liberal left:

They weren’t around protesting during the Bush years They don’t care about the deficit.BECAUSE THE TEA PARTY IS REPUBLICANS. They care that a Democrat (and a black “Muslim,” to boot), is in the White House. They don’t care about fiscal restraint, they care that a Democrat is in the White House. They don’t, as some foolishly pretend, care about the Wall Street excesses. Certainly Cenk Uyger is not the only one who has noticed that the tea party bubbas could all be shipped to protest HCR, but the big money boys aren’t running the buses to protest Wall Street. They care that there is a Democrat in the White House.

Now as for the assertion that Tea Party people are Republicans, Blogger “DaTechGuy” takes care of that little bunch of idiotic tripe:

Now I’ve attended a few tea parties and talked to people there. The trust level for republicans is not very high. If you had interviewed these people you would know this.

DeTechGuy goes on to show just how wrong that John Cole is. Which some very good reading and I highly recommend the posting. Because it slashes Cole’s MeMe to pieces.

Now for the part that got MY blood to boiling:

They care that a Democrat (and a black “Muslim,” to boot), is in the White House.

Now this is where I draw the line and say, “Whoa Nelly!”

Notice what I colored red up there? That is just asinine bullshit and Cole knows it.

Now admittedly, there are some extremists on the outside of the mainstream right side of the political fence, who have floated this sort of stupidity; they have been long since discredited by, not only the Main Stream Media, but also by the mainstream Conservative media as well. You noticed that Orly Taitz has not been in the news as of late, have you not? That is because, for one, she has had some serious legal sanctions against her and if she continues, could lose her legal license —- and because, quite frankly, I think the Woman realizes that the jig is up and that no one believes that idiotic nonsense any longer. Either that or most of the media, main stream and Conservative are just ignoring her, which in the humble opinion of this writer; is a good thing. Hell, even Bill O’Reilly called her a nut!

The reason I raised a stink about this, is because John Cole is doing two things; first of all, he is doing something that I feel is just wrong — but is what the liberal left is known for and that is collectivism. Blaming an entire group for the actions of a few. Which, I feel, is wrong. Secondly, Cole is playing fast and loose with the facts and with pinning blame, which I think he knows; but because he hopped the fence, because Bush did not do things, like he thought they ought to be done, he bailed on the right — he feels that he has to recite the talking points of the left, in order to remain in their good graces. Although, I could be wrong on that one.

Further more, I have written on here many times, excoriating those on the right, in office or otherwise; who I felt had crossed the line and either went the racist route or otherwise.

The Bottom Line: To tie the Tea Party movement to the Republican Party or its supports, is just plain stupid and accusing everyone who disagrees with policies of the Obama Administration of believing that he is a Muslim is nothing more than collectivism, which is what the liberal left is known for; and is extremely stupid.

Recommended Book:

Believe it or not: I actually agree with Ann Althouse

For once; the blond harpy is making sense.

Go Read.

The reason? Just what I posted last night. Making fun of someone’s religion is just fucking wrong. It is just as wrong as the idiots who threatened south park’s creators.

It’s a collectivist mindset. You know; “Oh! Them “rag heads” flew them planes into the trade center! So ALL Muslims and Arabs are terrorists! Right??! Right???”

Uh, No. Most American Muslims are peaceful people.

The point is folks, if you want to get your Pamela Geller and Debbie Schlussel on; go for it. But when you are branded a fucking bigot for it, please, do not cry about it. Because quite frankly, you deserve the fucking title.

…and before anyone says anything; I admit, in the past, I have written some things on here that would give a liberal a knee jerk reaction; I’m good at such stuff. Further more, I will admit, I am highly suspicious of Muslims, mostly due to Muslims in this area, who have ties to extremism. But to go off and mock Muslims in General is just plain bigotry. It is no better than someone mocking a Jew or a Catholic. Both of which are protected classes in the Country. So, why single out a group of people, of whom extremists have hijacked thier religion to fulfill their mentally deranged dreams?

Further more, anyone that thinks that the attacks on 9/11 gave anyone license to be a fucking bigot; is crazy. You wouldn’t mock blacks like that… so why mock Muslims? Not only that, does that not make you as bad as the 9/11 hijackers? They were bigoted towards America and our values —- now, do you want to be just like them?

Like it nor not; I do have a point.

That is all.

Others: Big Government, USS Neverdock, Fausta’s Blog, Left Coast Rebel, NewsReal Blog, The Daily Caller and INSTAPUTZ

Why do jerks have to pick on Fundamentalist Christians?

Go Read. (Via Reason and this guy)

I got one thing to say about this; the evangelicals and the unchurched had better hope to God that the Fundamentalist Christians do not decide to take up arms. Because if and when they do; all bets are off. You think Waco was bad? The Fundy’s would cause World War III.

Thankfully, most Fundamentalist Christians are peace loving people. Hence the reason they are picked on so much. This is because they know that the battles that they face now and will face in future, are spiritual one’s; hence the lack of firepower.

It just pisses me off; that jerk off pricks like this, have to pick on people that are simply preaching the truth. 😡

Your Daily War Porn Video

(H/T to my friends at the Jawa)

Video: We Will Remember

(H/T HotAir)

Sign the Pledge at We Will Remember.

Rush Limbaugh lays the smack down on his Liberal critics

This one is worth a read:

The latest liberal meme is to equate skepticism of the Obama administration with a tendency toward violence. That takes me back 15 years ago to the time President Bill Clinton accused “loud and angry voices” on the airwaves (i.e., radio talk-show hosts like me) of having incited Oklahoma City bomber Timothy McVeigh. What self-serving nonsense. Liberals are perfectly comfortable with anti-government protest when they’re not in power.

From the halls of the Ivy League to the halls of Congress, from the antiwar protests during the Vietnam War and the war in Iraq to the anti-capitalist protests during International Monetary Fund and World Bank meetings, we’re used to seeing leftist malcontents take to the streets. Sometimes they’re violent, breaking shop windows with bricks and throwing rocks at police. Sometimes there are arrests. Not all leftists are violent, of course. But most are angry. It’s in their DNA. They view the culture as corrupt and capitalism as unjust.

Former President Bill Clinton smiles as he receives a medallion from Cathy Keating, wife of former Oklahoma Governor Frank Keating, as a part of the Reflections of Hope Award ceremony in Oklahoma City.

Now the liberals run the government and they’re using their power to implement their radical agenda. Mr. Obama and his party believe that the election of November 2008 entitled them to make permanent, “transformational” changes to our society. In just 16 months they’ve added more than $2 trillion to the national debt, essentially nationalized the health-care system, the student-loan industry, and have their sights set on draconian cap-and-trade regulations on carbon emissions and amnesty for illegal aliens.

via Rush Limbaugh: Liberals and the Violence Card – WSJ.com.

I will admit something, I do not listen to Rush Limbaugh’s show every day or even hardly at all. But I will give the man credit; Rush, along with many other Conservatives are really putting the eyes out of the liberal talking point machine. Their presence, along with us Bloggers on the right, are really over taking the conversation away from the far liberal left in this Country.

….and that my friends, is a good thing. 😀

So, to Rush Limbaugh and the rest of Conservative talk radio and to all my blogger friends….. Keep it up!

Remember, we do not let up, until November 5, 2010, and even then, we do NOT let up entirely, until WE WIN in 2012!

Together, we WILL right and yes, I do mean RIGHT this ship, once and for all!

Stupid: General Motors plays a shell game

Here’s one for the “Stuck on Stupid” file that seems to be getting bigger and bigger by the day.

AP Headline: Gas in the tank: GM repays $8.1B in gov’t loans

Quote:

WASHINGTON – Fallen giant General Motors Co. accelerated toward recovery Wednesday, announcing the repayment of $8.1 billion in U.S. and Canadian government loans five years ahead of schedule.

The Obama administration crowed about the “turnaround” at GM and fellow bailout recipient Chrysler LLC, saying the government’s unpopular rescue of Detroit’s automakers is paying off.

Much of the improvement comes from GM slashing its debt load and workforce as part of its bankruptcy reorganization last year. But the automaker is a long way from regaining its old blue-chip status: It remains more than 70 percent government-owned and is still losing money — $3.4 billion in last year’s fourth quarter alone. And while its car and truck sales are up so far this year, that’s primarily due to lower-profit sales to car rental companies and other fleet buyers.

Chrysler, now run by Italy’s Fiat Group SpA, said Wednesday it lost almost $200 million in the first quarter. But it said it boosted its cash reserves by $1.5 billion, reducing the likelihood that it will need more government aid.

“This turnaround wasn’t an accident of history,” said White House economic adviser Larry Summers. “It was the result of considered and politically difficult decisions made by President Obama to provide GM and Chrysler — and indeed the auto industry — a lifeline, if they could demonstrate the will to reshape their businesses.”

Vice President Joe Biden said President Barack Obama “took a lot of heat” to keep GM alive. “And this has even exceeded our expectations.”

Everything is happy yappy and yippie skippy right?

Wrong.

Jamie Dupree dishes the straight dope on this little shell game: (H/T Q & O)

General Motors will make a big splash in the news today by announcing that the automaker will repay several billion dollars loans from the federal government earlier than expected. But it’s not really coming out of the GM wallet.

The issue came up yesterday at a hearing with the special watchdog on the Wall Street Bailout, Neil Barofsky, who was asked several times about the GM repayment by Sen. Tom Carper (D-DE), who was looking for answers on how much money the feds might make from the controversial Wall Street Bailout.


“It’s good news in that they’re reducing their debt,” Barofsky said of the accelerated GM payments, “but they’re doing it by taking other available TARP money.”

In other words, GM is taking money from the Wall Street Bailout – the TARP money – and using that to pay off their loans ahead of schedule.

“It sounds like it’s kind of like taking money out of one pocket and putting in the other,” said Carper, who got a nod of agreement from Barofsky.

[….]


Most of Uncle Sam’s bailout money that was given to GM has now been turned into stock in the U.S. automaker.

“The assumption is that, over time, hopefully the value of the stock will appreciate,” said Carper.

Long term that could prove to be a money-making investment for the feds – or if things go the wrong way for General Motors – a big, fat loss for Uncle Sam.

As most of you know, my Father is a 31 year veteran of the General Motors company. I find this little idiotic shell game right here to be just plain immoral. I mean, how in the hell are you going to use money from the Government to pay off the Government? That is basically taking money out of one pocket and putting into another. That is not paying off your debt; that is nothing more than a  shell game. The reason why this is so upsetting to me is; that it is just going to hurt my Father. Because sooner or later, this company is not going to be able to pay my Dad’s pension.

As the son of a General Motors worker, I want to see G.M. succeed; but I want to see them succeed the right way and honestly. Not by playing a dirty, underhanded shell game, and that my friends is what this is, a dirty shell game to fool the American people and the workers at G.M. into believing that they are on to the road to recovery, when in all honesty, they are not.

The American Taxpayers, The workers and retirees for General Motors; deserve better than this.

Shame on General Motors for their deceptive tactics and shame on the White House and Yes, the President for aiding and abetting in this little scam.

The real cute part is that not a word of this, has been said in the media, as to just HOW this loans are being paid back. That my friends is a damned human tragedy.

Others: Questions and Observations, Mish’s Global Economic …, TigerHawk, Sweetness & Light, JammieWearingFool and The TrogloPundit

Update: Not surprisingly, Ed Morrissey Agrees with me.

Michael Yon jumps the shark?

Seems so. (H/T Ace)

…and the MilBloggers are not happy….

Those talking about are…:

Uncle Jimbo

Chuck Z

Greyhawk I & II

Kanani Fong

CDR Salamander

You Served

Laughing Wolf

The Donovan

Greta Perry

The Brat

Posting in question:

McChrystal’s crew has declared an information war on me. No complaints here. McChrystal’s attention is welcome. It indicates that my posts have hit steel further underlines that McChrystal is over his head. If McChrystal knew what he was doing, he would not be drawing attention to his staff. Will provide compelling… evidence in due course. Some of the officers on McChrystal’s staff are my biggest helpers.

Moonbat disorder, such a tragic illness. 🙄

Why do Conservative Christians do stupid stuff like this?

More for the stuck on stupid file….:

Video: (H/T TPM)

Video Yanked….See below…

Quote:

Pastor Stan Craig, of the Choice Hills Baptist Church, was particularly angry about the state of Washington, saying he “was trained to defend the liberties of this nation.” He declared that he was prepared to “suit up, get my gun, go to Washington, and do what they trained me to do.”

Oh, that’s just wonderful; give the liberal media the ammo they need to paint everyone, who disagrees with Obama, as far right wing zealots who want to overthrow the damn Country. 😡 🙄

What really steams me about this, this idiot is one of those King James Only, Independent, Fundamentalist Baptist preachers, that I happen to agree with, as far as his biblical doctrine goes. However, I should be clear, I DO NOT AGREE with that idiotic nonsense that he said on that podium! 😯 😮

I really, honestly, believe that this pastor needs to read this:

Let every soul be subject unto the higher powers. For there is no power but of God: the powers that be are ordained of God. Whosoever therefore resisteth the power, resisteth the ordinance of God: and they that resist shall receive to themselves damnation. For rulers are not a terror to good works, but to the evil. Wilt thou then not be afraid of the power? do that which is good, and thou shalt have praise of the same: For he is the minister of God to thee for good. But if thou do that which is evil, be afraid; for he beareth not the sword in vain: for he is the minister of God, a revenger to execute wrath upon him that doeth evil. Wherefore ye must needs be subject, not only for wrath, but also for conscience sake. For for this cause pay ye tribute also: for they are God’s ministers, attending continually upon this very thing. Render therefore to all their dues: tribute to whom tribute is due; custom to whom custom; fear to whom fear; honour to whom honour. — (Romans 13:1-7 KJV)

In better English:

1LET EVERY person be loyally subject to the governing (civil) authorities. For there is no authority except from God [by His permission, His sanction], and those that exist do so by God’s appointment.(A)

2Therefore he who resists and sets himself up against the authorities resists what God has appointed and arranged [in divine order]. And those who resist will bring down judgment upon themselves [receiving the penalty due them].

3For civil authorities are not a terror to [people of] good conduct, but to [those of] bad behavior. Would you have no dread of him who is in authority? Then do what is right and you will receive his approval and commendation.

4For he is God’s servant for your good. But if you do wrong, [you should dread him and] be afraid, for he does not bear and wear the sword for nothing. He is God’s servant to execute His wrath (punishment, vengeance) on the wrongdoer.

5Therefore one must be subject, not only to avoid God’s wrath and escape punishment, but also as a matter of principle and for the sake of conscience.

6For this same reason you pay taxes, for [the civil authorities] are official servants under God, devoting themselves to attending to this very service.

7Render to all men their dues. [Pay] taxes to whom taxes are due, revenue to whom revenue is due, respect to whom respect is due, and honor to whom honor is due. Romans 13:1-7 AMP

I am not a Pastor, nor would I ever claim to be; but peradventure, and I say this only as a layperson — getting on a podium and saying you would like to “suit up, get my gun, go to Washington, and do what they trained me to do.” —- is highly unbecoming of a Born-Again Christian, much less a Pastor.

If I were on the deacon board of this Church, I would be making me some plans to meet with this Pastor. Because this sort of thing, should NOT be allowed to happen in a Church.

Update: It appears that the video was yanked, for obvious reasons I’m sure. May this be a lesson to those involved, that saying idiotic stuff like this, is just plain crazy and it has no place in public discourse.

Jon Stewart makes a pretty damned good point about Fox News

The Daily Show With Jon StewartMon – Thurs 11p / 10c
Tea America
www.thedailyshow.com
Daily Show Full EpisodesPolitical HumorTea Party

(H/T TPM)

Is that taliban ready for peace? Not so fast.

Oops.

Via the Times of London:

The supreme leader of the Taliban, Mullah Mohammed Omar, has indicated that he and his followers may be willing to hold peace talks with western politicians.

In an interview with The Sunday Times, two of the movement’s senior Islamic scholars have relayed a message from the Quetta shura, the Taliban’s ruling council, that Mullah Omar no longer aims to rule Afghanistan. They said he was prepared to engage in “sincere and honest” talks.

A senior US military source said the remarks reflected a growing belief that a “breakthrough” was possible. “There is evidence from many intelligence sources [that] the Taliban are ready for some kind of peace process,” the source said.

At a meeting held at night deep inside Taliban-controlled territory, the Taliban leaders told this newspaper that their military campaign had only three objectives: the return of sharia (Islamic law), the expulsion of foreigners and the restoration of security.

“[Mullah Omar] is no longer interested in being involved in politics or government,” said Mullah “Abdul Rashid”, the elder of the two commanders, who used a pseudonym to protect his identity.

“All the mujaheddin seek is to expel the foreigners, these invaders, from our country and then to repair the country’s constitution. We are not interested in running the country as long as these things are achieved.”

There’s only one little problem, the Taliban’s big cheese says, “Not so fast….”

Via The Long War Journal: (H/T Jawa Report) (Original Here)

(Theunjustmedia:) My question is did this interview with The Sunday Times and The Islamic Emirate of Afghanistan senior Islamic scholars took place?

Zabihullah Mujahid: No, no interview has been conducted with the The Sunday Times and The Islamic Emirate of Afghanistan senior Islamic scholars, this interview is a lie.

Theunjustmedia: How do you comment on the content of this fake propaganda interview, what objectives could the invaders have in propagating this type of disinformation among the masses.

Zabihullah Mujahid: This is a good question, and I think that the concern citizens of the world should be asking this question from those who are behind this propaganda, what benefits are they trying to seek by lying to world about The Islamic Emirate of Afghanistan. I think people should contact The Sunday Times and ask them why are they spreading disinformation, also other media outlets should bring to light The Sunday Times deception to its reads.

It is obvious that the Taliban is not interested in working with the United States and is still interested in protecting, supporting and bringing comfort to Al-Qaeda. Nothing has changed and because of that, the United States will continue to hunt them down and kill them. This should be a glaring example to ALL Democrats and those on the far left, that you cannot negotiate with terrorists, ever. The only solution is to hunt them down and get rid of them, by the end of a gun or other such piece of artillery.

Until the Libertarians, Far leftists, and Democratic Party supporting liberals figure that out. We will have nothing to discuss.

NEXT!

UPDATED: Once again, AllahPundit is the voice of sanity on the right

First off, what AllahPundit is griping about is this:

In response to this, AllahPundit politely objects:

“When conflicts break out, one way or another, we get pulled into them.” True enough, and I don’t always “like” that we’re pulled into them. For example, I don’t “like” the fact that we have 30,000 U.S. troops stationed in South Korea as cannon fodder in case the lunatic to the north ever attacks Seoul. But I accept it because I understand it’s an effective deterrent that saves millions of lives. I don’t “like” the fact that we’re forced to take the lead on Iran even though their military capabilities are more of an immediate threat to Europe and the Sunnis, but I accept it because the stick we wield is so much bigger than everyone else’s that we’re most likely to bring them to heel. I don’t “like” the fact that American troops have spent the past seven years dodging — and, sometimes, not dodging — IEDs in Iraq, but I accept it because I think having a democracy in the region will eventually put pressure on local autocrats to liberalize and held deflate jihadism. Disagree with my position on any or all of those if you like, but I don’t see how it’s controversial or demeaning to suggest that the world’s policeman, like any policeman, doesn’t always enjoy his job. In fact, less than six months ago, Pew found for the first time in 45 years that those who believe the U.S. should mind its own business abroad outnumber those who don’t. I think that isolationist impulse is nutty and a de facto invitation to malign powers to expand their influence, but then so does The One — which, I take it, is why he ordered the surge in Afghanistan, is going slow on withdrawal from Iraq, is stepping up drone attacks in Pakistan, and is keeping the troops in Korea and elsewhere in place.

via Hot Air » Blog Archive » Obama’s getting a bad rap on the “superpower” comment.

I give AP credit; he is absolutely right. Sometimes, it just sucks to have to be the leader of the free world. I mean, the United States, not Obama. This is filed under the “Stuck on Stupid” business, that my Blog’s subtitle refers to. Unfortunately, on the far right; there is this effort, a foolhardy one, but none the less, an effort; to castigate President Obama —- No matter what he does. I refer to it as that “Sean Hannity bullcrap.” I mean, I respect Hannity, most of the time. But I cannot stand watching that show; because all his show is about — is bashing Obama, no matter what he does.

I mean, say what you want, but, Obama might be a socialist, Obama might be a wealth redistributor; but, like it or not, Obama does have his rather pointed head on straight when it comes to Foreign Policy and when it comes to Islamic Terrorism. I mean, as AP alluded to in his article, the President could be like Ron Paul. (Shudder!) I am; as I am sure AP is, very grateful that President Obama has his head on straight about the middle east and the danger that Islamic Terrorism poses for this Nation. President Obama might not handle things the way that Bush did; but this does not mean that he does not see and want to deal with the danger.

For this, I am willing to give President Obama a pass in this department. But, only in this department.

Another thing I will say is this; where I see the most Anti-Obama rhetoric, when it comes to terrorism, is from certain protected ethnic classes on the right. (I think you can figure out, what I mean….) This, I believe is fueled by this idiotic notion, that Obama is some sort of secret Muslim. This sort of thing is, in this white man’s opinion, absolutely idiotic.  I mean, how ironic is it, that the same class of people, who were subjected to horrific atrocities by a German madman, are now themselves engaging in the same bigoted behavior? Quite, I would say. I will not mention any names, but I think you can guess to which players I allude.

Again, just more of that stuck on stupid, that I refer to…

Thanks to AP for, once again, being “The skinny guy, at fat camp.”

Update: There’s always a smart ass in the crowd. 😉

Justice: Goldman Sachs sued by the SEC for the Meltdown of 2008

Finally, some justice to these bastards:

Via the NYT:

Goldman Sachs, which emerged relatively unscathed from the financial crisis, was accused of securities fraud in a civil suit filed Friday by the Securities and Exchange Commission, which claims the bank created and sold a mortgage investment that was secretly devised to fail.

The move marks the first time that regulators have taken action against a Wall Street deal that helped investors capitalize on the collapse of the housing market. Goldman itself profited by betting against the very mortgage investments that it sold to its customers.

The suit also named Fabrice Tourre, a vice president at Goldman who helped create and sell the investment.

In a statement, Goldman called the S.E.C. accusations “completely unfounded in law and fact” and said the firm would “vigorously contest them and defend the firm and its reputation.”

The instrument in the S.E.C. case, called Abacus 2007-AC1, was one of 25 deals that Goldman created so the bank and select clients could bet against the housing market. Those deals, which were the subject of an article in The New York Times in December, initially protected Goldman from losses when the mortgage market disintegrated and later yielded profits for the bank.

As the Abacus deal plunged in value, Goldman and a prominent hedge fund made money on their negative bets, while European investors like IKB and ABN Amro lost more than $1 billion, the S.E.C. said.

According to the complaint, Goldman created Abacus 2007-AC1 in February 2007, at the request of John A. Paulson, a prominent hedge fund manager who earned an estimated $3.7 billion in 2007 by correctly wagering that the housing bubble would burst.

Goldman let Mr. Paulson select mortgage bonds that he wanted to bet against — the ones he believed were most likely to lose value — and packaged those bonds into Abacus 2007-AC1, according to the S.E.C. complaint. Goldman then sold the Abacus deal to investors like foreign banks, pension funds, insurance companies and other hedge funds.

But the deck was stacked against the Abacus investors, the complaint contends, because the investment was filled with bonds chosen by Mr. Paulson, who is not named in the suit, as likely to default. Goldman told investors in Abacus marketing materials reviewed by The Times that the bonds would be chosen by an independent manager.

“The product was new and complex, but the deception and conflicts are old and simple,” Robert Khuzami, the director of the S.E.C.’s division of enforcement, said in a statement. “Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party.”

In response Goldman Sachs says:

The SEC’s charges are completely unfounded in law and fact and we will vigorously contest them and defend the firm and its reputation.

Yeah, sure the accusations are unfounded. If I were a Goldman employee; I would be looking for a new job pronto.

From the SEC Press Release:

The SEC’s complaint alleges that after participating in the portfolio selection, Paulson & Co. effectively shorted the RMBS portfolio it helped select by entering into credit default swaps (CDS) with Goldman Sachs to buy protection on specific layers of the ABACUS capital structure. Given that financial short interest, Paulson & Co. had an economic incentive to select RMBS that it expected to experience credit events in the near future. Goldman Sachs did not disclose Paulson & Co.’s short position or its role in the collateral selection process in the term sheet, flip book, offering memorandum, or other marketing materials provided to investors.

The SEC alleges that Goldman Sachs Vice President Fabrice Tourre was principally responsible for ABACUS 2007-AC1. Tourre structured the transaction, prepared the marketing materials, and communicated directly with investors. Tourre allegedly knew of Paulson & Co.’s undisclosed short interest and role in the collateral selection process. In addition, he misled ACA into believing that Paulson & Co. invested approximately $200 million in the equity of ABACUS, indicating that Paulson & Co.’s interests in the collateral selection process were closely aligned with ACA’s interests. In reality, however, their interests were sharply conflicting.

According to the SEC’s complaint, the deal closed on April 26, 2007, and Paulson & Co. paid Goldman Sachs approximately $15 million for structuring and marketing ABACUS. By Oct. 24, 2007, 83 percent of the RMBS in the ABACUS portfolio had been downgraded and 17 percent were on negative watch. By Jan. 29, 2008, 99 percent of the portfolio had been downgraded.

Investors in the liabilities of ABACUS are alleged to have lost more than $1 billion.

The SEC’s complaint charges Goldman Sachs and Tourre with violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Exchange Act Rule 10b-5. The Commission seeks injunctive relief, disgorgement of profits, prejudgment interest, and financial penalties.

Allow me to humbly submit that I hope that these bastards get exactly what is coming to them. I mean, these guy literally gambled as the stock market and by proxy; our economy went straight into the toilet.   Many people that I know; like my parents, lost a good deal of money on this stuff. Not only that, after the credit crises hit; G.M. ended up having to shed a bunch of expenses; and as a result, my parents lost their optical and dental insurance. That came as a indirect result of this Wall Street mess. So, as far as I am concerned; throw the book at these bastards.

Capitalism is one thing, heartless greed is another; and these bastards crossed that line, big time. 😡


UPDATED: – Cowardly, Politically Correct Conservatives Drive a Proud White American from a Tea Party Protest

This my Friends is USDA Grade A Bullshit! (Via Sharp Elbows – H/T Gateway Pundit)

“I want to say this about my state: When Strom Thurmond ran for president, we voted for him. We’re proud of it. And if the rest of the country had followed our lead, we wouldn’t have had all these problems over all these years.” Trent Lott.

My, how things have changed in the Conservative movement. Look, I know the guy was out of place. The fact is, that we as White Americans have FAILED to stand up against the black liberal movement in this Country and because of it, we are in the spot that we are now. Hell, nobody and I mean, NOBODY can say anything remotely cross about the black race in this damned Country without being tagged a damned racist. But yet, the Black race can murder us, rob us, call us names; and not a god damned thing is said about it. That is the stupidity right there, that people like this man, dare to make a stand and all because he is wearing something that is considered “politically incorrect“, he gets tagged for it. That my friends, is BULLSHIT! 😡

I do not agree with his ideology; but I do applaud him for having the balls to stand up for what he believes in. SHAME on the so-called “Conservatives” who ran this man off, from legally assembling and espousing what he believes!

….and to those who would call ME a racist?

I have this to say to them:

‘Nuff Damned Said….. 😡

I end with quote from one of the greatest Republicans ever…:

“Extremism in the defense of liberty is no vice. And let me remind you also that moderation in the pursuit of justice is no virtue.” — Source

Update: One point I want to make too is this; it would have been different if this guy was standing there, in a white robe and screaming the N-Word or something ugly like that. But, he wasn’t. He was standing there, minding his own damned business; and this tool, and I call him that, because that is what HE IS, walks up and starts hassling him. That my friends is my beef. I am a libertarian-minded Conservative, I believe in freedom of expression and speech. What this moron with the Camera did here, was nothing more than crap straight out of playbook of Nazi Germany and Communist Russia. (I repeat myself, but I digress….) Censorship and repression of free speech is a MAJOR issue with me and I will speak out against it anytime I see it. period, end of story.

If the Republicans do this, it will be four more years of Obama

Sigh:

Conservative superstar Sarah Palin opened the door yesterday to joining forces with Mitt Romney for a 2012 White House run – a hot ticket that has some Republicans licking their chops at the prospect of unseating President Obama.

“Sounds pretty good,” Palin declared at yesterday’s Tea Party Express rally on the Common when asked about pairing up with the former Bay State governor – giving the idea a big thumbs-up as she left the stage after her headline speech.

Last night, as Palin stopped for cannoli at Mike’s Pastry in the North End, she said she was “serious” about the idea.

“I have a lot of respect for Mitt,” she told the Herald.

Asked who would be on top of the ticket, Palin roared, “Ha! I haven’t even thought that far ahead yet.”

via Mitt Romney-Sarah Palin in 2012? You betcha! – BostonHerald.com.

As I have said a thousand times. Sarah Palin and Mitt Romney cannot win squat. If they were chosen, it would be four more years of Barack Obama.

I mean, Entitlement and Entitlement Light is just not a Conservative platform.

Others: Jules Crittenden, Hot Air, Freedom’s Lighthouse, Sister Toldjah, Mediaite and The Right Scoop

About that Stupid Ron Paul – Obama Poll

I usually do not write about Polls; because most of them are just ridiculous.

But this one here, and the one about Bush and Obama are worth noting.

I will say this; if the G.O.P. runs Ron Paul as their candidate, they will be trounced in the general election. Because nobody and I mean, nobody is going to vote for Ron Paul, I mean looking at his controversial past ought to be proof enough. The funny part is; when confronted, the Paul-bots like to say that Ron Paul did not write those newsletters. My response to that is; who in the hell, in their right mind, would lend their name to a newsletter, which would be authored by people who have such feelings about Blacks, Jews and so forth? Someone who obviously agrees with such idiotic mentality. Sorry Paulites, but your idiotic attempt to distance Ron Paul from his own damned newsletters, is not flying with this guy. I am just not that stupid. I will not even get into the 2008 campaign monies donated by the founders of Stormfront and former Klansman David Duke and Don Black, that was never returned.

I realize that this poll is a hypothetical one; but if I were Jewish, I would be very worried. If Paul was elected and I were Jewish, I would be looking into real estate in Israel. Because if that bastard got in as President, it would only be a matter of time before the Jewish persecution started.  However, being the realist that I am, I know better; because there is just no way that the G.O.P. senior leadership will allow a person like Ron Paul to run for President.

Edited because some Paul-bots do not understand the concept of snark.

Others on this: FiveThirtyEight, Beltway Confidential, Hot Air, Mediaite, Left Coast Rebel, Don Surber, Democracy in America, RedState, Washington Wire, USA Today, WILLisms.com, Ben Smith’s Blog, No More Mister Nice Blog, Liberty Maven, LewRockwell.com Blog, Below The Beltway, Democratic Strategist, The Lonely Conservative, Outside The Beltway, Vox Popoli, GOP 12, NO QUARTER, AmSpecBlog, Balloon Juice, The Daily Caller, Real Clear Politics, HotAirPundit, Hit & Run, Althouse, Sense of Events, The Hayride, Firedoglake, Power Line, Beltway Confidential, RedState, The Corner on National …

Justice: Maryland Cops who beat John McKenna will be FIRED!

First the Video:

The Story:

Police in Maryland are investigating three officers involved in a beating last month at the University of Maryland’s College Park campus. One officer has already been suspended.

The incident was caught on tape, and it apparently shows University of Maryland student John McKenna being attacked by Prince George's County police unprovoked during a celebration after a basketball game. The beating occurred on March 3 after Maryland’s basketball team beat Duke University.

Attorney Christopher Griffiths released video of the incident on Monday after charges against McKenna, 21, were dropped. A police officer involved in the incident had claimed McKenna assaulted them.

McKenna was among the 28 people arrested by Prince George’s County police during the civil unrest that followed the game.

County prosecutors are investigating the incident and police have launched an internal affairs investigation.

Police Chief Roberto Hylton says he saw the video and was outraged. He says one officer’s police powers have been suspended and two other officers will be suspended when they are identified

via Video of Student Beating Leads to Cop Suspension – The Early Show – CBS News.

One network says fired, the other says suspended; but I tend to think it is the latter. There is no defending those actions. Those PIGS, and that is what they are; attacked that kid unprovoked and then lied about it. They are getting just what should be coming to them. Well, I believe that criminal charges should be brought against them, and that might just happen.

As a Conservative, I believe in rule of law. What I do not believe in, is police brutality. 😡  This was a clear cut case of that; and for that these men will lose their jobs. As someone who’s cousin was shot dead by corrupt Detroit police officers in the 90’s, I feel that any sort of police brutality should be dealt with harshly and those responsible should be jailed themselves. Although, in this case, I highly doubt that will happen.

Do not misunderstand me here; there are times when the police have to use force of this sort. This was not one of those times.

Rick Moran hits the nail square on the head

Go Read

I wrote that before the election in 2008. I still believe it despite the fact that national health insurance reform puts us on the road to socialized medicine, the unforeseen consequences of which could lead to the kinds of government control most feared by conservatives. But we’re not there yet – not by a long, long shot. And the slippery slopes on such a road, if recognized, can be avoided if conservatives keep their heads and fight against them.

Unfortunately, conservatives are not keeping their heads. Hysterical shouting and hand wringing about evil Obama may work this time around, as Crook points out, because the vast middle of the country is in a mood to punish the Democrats. But come 2012, someone on the right is going to have to come up with a rational, reasoned critique of Obama’s policies that the moderate righties and libertarians won’t think is the mouthings of some crazed paranoid inhabiting an alternate universe.

Otherwise, the GOP may find itself marginalized and on the outs for a long time to come.

Amen and Amen.