Archive for May, 2010

Liz Cheney on Obama’s Weak Response to Gulf Oil Spill: “A gift for reading a teleprompter is not the same as leadership”.

May 30, 2010

Courtesy of Gateway Pundit.

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Obama OK with Arizona Boycott?

May 30, 2010

What sort of president is ok, essentially, with a State boycott?  Pathetic.  From Ben Smith at Politico, courtesy of Gateway Pundit:

President Obama, asked about the efforts to boycott a state — and a swing state at that — passed on the opportunity to weigh in.

“I’m president of the United States, and I don’t endorse boycotts or not endorse boycotts,” he said.

He’ll chide the Cambridge Police and make sports predictions all day long.  But he’s staying away from the Arizona boycott topic?  No, this is his way of giving his blessing. Weak.

Hillary Clinton: “The Rich are not paying their fair share of taxes in any nation”.

May 30, 2010

Bill Clinton Refuses to Comment on Sestak Job Offer

May 30, 2010

It’s rare that Slick Willy is at a loss for words.

GDP Decline in Europe during the Great Recession

May 29, 2010

Telling graph from the American Thinker’s Graph of the Day feature for 5/29/2010 regarding Europe’s GDP decline during the Great Recession.  Socialism ain’t all that.  Paul Krugman was just a bit off as well…

“This gets at a theme I’ve written about in the past, and will surely return to: a lot of the American image of Europe as a moribund economy is, like, so 1990s. They’re doing better now – and we’re doing worse.”  Paul Krugman, January 2008.

Declines in Real GDP (%) During the Great Recession

Source:  IMF World Economic Outlook, April 2010.

Vision: Obama Admin Proposed Budget Cut to Coast Guard Crisis Center 3 Months before Gulf Oil Spill

May 29, 2010

Talk about bad timing.  The Obama Administration, quickly becoming the laughing stock  of the world, proposed cutting the budget of the Coast Guard Crisis Center 3 months prior to the Gulf Oil Spill.  From the Washington Post:

Three months before the massive BP oil spill erupted in the Gulf of Mexico, the Obama administration proposed downsizing the Coast Guard national coordination center for oil spill responses, prompting its senior officers to warn that the agency’s readiness for catastrophic events would be weakened.

That proposal is feeding a mounting debate over whether the federal government is able to regulate deep-sea oil extraction. Defense analysts and retired agency leaders question whether the Coast Guard — which shares oversight of offshore drilling with the Interior Department’s Minerals Management Service — has the expertise and resources to keep pace with industry advances.

Accidents happen, “but what you’re seeing here is the government is not properly set up to deal with this kind of issue,” said Robbin Laird, a defense consultant who has worked on Coast Guard issues. “The idea that you would even think about getting rid of catastrophic environmental spill equipment or expertise at the Department of Homeland Security, are you kidding me?”

“Cutting a strike team is nuts,” said Stephen Flynn, a former Coast Guard commander and now president of the Center for National Policy, a Washington think tank. “Whether it’s an accident of man or an act of terrorism, it requires almost the exact same skill set to clean it up.”

“Never Again” Video from NRSC

May 28, 2010

This is a beauty on the Obama Admin’s failed response to the worst oil spill in US history.  You know it’s bad when MSNBC doesn’t approve, not to mention James Carville.   

Republicans Want Special Counsel to Investigate Sestak Bribery Scandal

May 27, 2010

Obama’s Watergate?  That’s what Rep. Darrell Issa is calling this. 

LA Rep. Scalise to Obama: “We’re Tired of the Excuses”

May 27, 2010

Louisiana Republican Representative Steve Scalise scolded Obama and his Admin yesterday regarding its pathetic response to the Gulf oil spill.  Our Dear Leader is nothing more than an empty suit, void of any real leadership qualities.  2012 can’t get here soon enough.

NJ Gov Chris Christie Tells Disgruntled Teacher to Find Another Job if She Doesn’t Like the Pay

May 27, 2010

This guy rules.  Courtesy of Hotair.com.

Joe Sestak: Obama tried to buy me off with job offer

May 24, 2010

The One.  The Bribe.

Republicans Win House Seat in Obama’s Home District in Hawaii

May 23, 2010

Hope and Change is getting old even in Hawaii.

From Foxnews.com:

Republican Charles Djou topped Democrats Colleen Hanabusa and former Rep. Ed Case (D-HI) to succeed retired Rep. Neil Abercrombie (D-HI) in Congress. Before Djou’s victory, Democrats had won 11 consecutive special elections. The stretch included a win last Tuesday by Rep. Mark Critz (D-PA) to succeed the late-Rep. Jack Murtha (D-PA). Many political handicappers expected Republican Tim Burns to win that contest and viewed the race as a barometer for how the political winds may blow this fall.

Djou secured 39.5 percent of the vote. Meantime, the two Democratic candidates, Hanabusa and Case combined to score nearly 60 percent of the vote. But that splintered the Democratic impact and allowed Djou to squeak through.

Continued:

“Eighteen months ago, President Obama carried this district with seventy percent of the vote,” said Rep. Pete Sessions (R-TX), the head of the National Republican Congressional Campaign Committee (NRCC). “Charles Djou’s victory not only changes the makeup of the House of Representatives, but it helps Republicans move one step closer toward winning back the majority in November.”

Intra-party squabbles split the Democratic vote in the race as loyalists failed to unite behind one candidate. Many Hawaii Democrats hold much contempt for Case. Former Hawaii Gov. Ben Cayetano (D) tried to dissuade Case from running for Congress after the late-Rep. Patsy Mink (D-HI) died. Cayetano wanted Mink’s husband to fulfill the remainder of his wife’s term. Case ran anyway and won. Case further infuriated the party when he challenged longtime Sen. Daniel Akaka (D-HI) in a primary four years ago.

The Democratic Congressional Campaign Committee (DCCC) dropped out of the race two weeks ago, conceding the race to Republicans. In an interview with FOX, DCCC Chairman Chris Van Hollen (D-MD) expressed confidence that Democrats would take the seat in November. But he said it wasn’t worth spending cash now when the state party was locked in internecine warfare.

“It’s a  Democratic seat,” said Van Hollen.

Djou becomes only the third Hawaiian to represent the state on Capitol Hill. Former Rep. Pat Saiki (R-HI) served in Congress in the late 1980s and early 1990s. Sen. Hiram Fong (R-HI) was one of the state’s original senators.

Djou is expected to be sworn-in later this week. The House will then have 432 members: 255 Democrats and 177 Republicans.

SEIU Members Protest at Bank Exec’s Home, Frighten Teenage Son

May 23, 2010

SEIU protesters arrived at the home of a Bank of America executive last week for a protest but the only one home was the exec’s teenage son, who was so terrified he locked himself in the bathroom. 

From Hotair.com:

Big Journalism has been all over this, including the odd detail that D.C. cops evidently escorted the Purple People-Beaters to the Bank of America executive’s home in Rockville, Maryland. Fox News regular Nina Easton was on the scene, with good reason: She lives right next door. Quote:

Last Sunday, on a peaceful, sun-crisp afternoon, our toddler finally napping upstairs, my front yard exploded with 500 screaming, placard-waving strangers on a mission to intimidate my neighbor, Greg Baer. Baer is deputy general counsel for corporate law at Bank of America (BAC, Fortune 500), a senior executive based in Washington, D.C. And that — in the minds of the organizers at the politically influential Service Employees International Union and a Chicago outfit called National Political Action — makes his family fair game.

Waving signs denouncing bank “greed,” hordes of invaders poured out of 14 school buses, up Baer’s steps, and onto his front porch. As bullhorns rattled with stories of debtor calls and foreclosed homes, Baer’s teenage son Jack — alone in the house — locked himself in the bathroom. “When are they going to leave?” Jack pleaded when I called to check on him…

Now this event would accurately be called a “protest” if it were taking place at, say, a bank or the U.S. Capitol. But when hundreds of loud and angry strangers are descending on your family, your children, and your home, a more apt description of this assemblage would be “mob.” Intimidation was the whole point of this exercise, and it worked-even on the police. A trio of officers who belatedly answered our calls confessed a fear that arrests might “incite” these trespassers.

According to Easton, Baer is … a lifelong Democrat. For her trouble in reporting on this, she’s naturally been smeared by the left. As for why SEIU is singling out Bank of America for thug tactics, supposedly it’s a protest of foreclosures by banks generally but Big Journalism notes that the union apparently owes BoA $90 million, which, per Easton, means $4 million in outstanding interest and fees. Terrorizing an exec’s family might make them think twice about being too insistent in collecting.

Arizona Governor Mocks Obama Admin for Not Reading Immigration Law

May 22, 2010

Beautiful. 

Governor Chris Christie Vetoes Tax Hike for NJ

May 22, 2010

Finally.  A governor who gets it.

Best Political Ad Ever

May 16, 2010

As noted in Hotair.com, this may be the best political ad ever, courtesy of Dale Peterson, Republican candidate for Agricultural Commissioner in Alabama.  This guy rules.

Eric Holder admits he hasn’t read Arizona Immigration Bill

May 14, 2010

AG Eric Holder admitted before Congress yesterday that he’s not read the Arizona Immigration Bill.  Yet on the talk show circuit he was extremely opinionated about said bill.  Pathetic.

NJ Governor Chris Christie tells it like it is

May 14, 2010

Awesome video.  As long as he doesn’t stray, and right now it doesn’t appear that he will, Chris Christie has a bright future ahead of him.  The GOP needs more like him.

A Taste of What’s to Come: Greeks Riot Over Loss of Entitlements, Social Programs

May 11, 2010

Excellent read from Vasko Kohlmayer in the American Thinker on how the US, with our out-of-control-spending and record deficits courtesy of Obama, Pelosi, and Reid, may soon go the way of Greece.

What’s happening in Greece is this: The Greek people are angry because their government pledged to make cuts in social spending.

It is not that the Greek government is inherently stingy. Quite to the contrary, the Greek government has been one of the most generous when it comes to paying for social goodies…so much so that for years it spent far more than it could really afford. Fox News correctly observed that “Greece lived for years beyond its means, borrowing money and spilling red ink to finance excessive government spending, offer socialized health care and provide lavish wages for federal workers.”

Things, however, came to a head last year when the country’s budget deficit reached 13 percent of GDP and its national debt ballooned to 113 percent of GDP. Faced with these figures, investors lost faith in the government’s ability to service its debts. To compensate for the risk of further lending, creditors began to demand high interest rates on Greek bonds. With the source of cheap funding dried up and unable to raise enough cash, the Greek government found itself on the brink of default.

Broke and humiliated, the Greek government applied for aid to other members of the Eurozone. Not willing to let the whole monetary regime go into seizures, they promised a bailout of 110 billion euros. But the funds would be disbursed only if the Greeks agreed to bring spending under control. Not having any choice, the country’s officials agreed to a package of austerity measures. Then all hell broke loose. According to the Wall Street Journal,

[H]ooded protesters smashed the front window of Marfin Bank in central Athens and hurled a Molotov cocktail inside. The three victims died from asphyxiation from smoke inhalation, the Athens coroner’s office said. Four others were seriously injured there, fire department officials said.

It is something of a paradox that the Greek people still demand money even though their government is flat-out broke. Even the blind among them should be able to see that the state simply does not have the funds to meet the citizens’ demands. The country has only debts that it cannot pay. After years of profligate spending, Greece has gone bankrupt.

Perhaps the most disturbing aspect in all this, from our point of view, is the fact that America’s finances are almost as bad as those of Greece. Lest you think it an exaggeration, consider these numbers. Last year our budget deficit reached a record peacetime high of 9.9 percent of GDP. Despite the fact that this was supposed to be a one-off contingency necessitated by the crisis of 2008, federal spending is accelerating.

In the proposed Budget for Fiscal Year 2011, the Obama administration projected that this year’s deficit will reach 10.6 percent of GDP. This may come as a surprise, since the mainstream media have largely chosen not to publicize this disturbing fact. You can, however, easily see it for yourself by clicking on this link. It will take you to the budget’s summary tables. The first table is labeled S-1 and called “Budget Totals.” There you can see the figure in the third row of the table’s lower section. Also note that the table is tucked away toward the end of the long document (page 146 out of 179). So much for the promised transparency.

The situation is equally dire when it comes to our public debt. The present size of the American economy is just above $14 trillion. As of this writing, the total public debt of the federal government is nearly $13 trillion. This means that it currently constitutes more than 90 percent of GDP. Worse yet, the federal budget is poised to expand steeply in the months and years ahead. In a report the International Monetary Fund prepared last month, the agency estimated that the U.S. debt would jump to 110 percent of GDP by 2015. In light of this, the IMF issued an urgent call on the U.S. government to “move beyond health-care reform to restrain its yawning fiscal deficit.”

Stark as the IMF estimates are, the figures are understated. Given our current pace of borrowing, it now seems likely that our national debt will breach the critical 100 percent milestone early next year. The 110-percent mark will be then reached by the close of 2013 at the latest. And this does not factor in increased spending on health care, which will occur as a result of the recently passed health care reform bill.

It is important that we keep in mind that these numbers refer only to the outstanding public debt of the American federal government, which is only one part of the government’s total obligations. A far greater portion of our national debt is made up of unfunded liabilities inherent in entitlement programs, which, according to the Dallas Federal Reserve, amount to some $104 trillion. 

When we consider all these numbers, we will quickly realize that our government’s balance sheet looks rather similar to, if not worse than, that of Greece. In any case, it is patently obvious that like the Greek state, the American federal government will not be able to make good on its obligations.

Welfare State in a Death Spiral

May 11, 2010

From Rick Moran in the American Thinker:

Wise old Robert Samuelson in the Washington Post on the real crisis facing Europe; it’s not Greek debt but the overpromises of the welfare state:

Euro coins and notes were introduced in 2002. The currency clearly hasn’t lived up to its promises. It was supposed to lubricate faster economic growth by eliminating the cost and confusion of constantly converting between national currencies. More important, it would promote political unity. With a common currency, people would feel “European.” Their identities as Germans, Italians and Spaniards would gradually blend into a continental identity.

None of this has happened. Economic growth in the countries using the currency averaged 2.1 percent annually from 1992 to 2001 and 1.7 percent from 2002 to 2008. Multiple currencies were never a big obstacle to growth; high taxes, pervasive regulations and generous subsidies were. As for political unity, the euro is now dividing Europeans. The Greeks are rioting. The countries making $145 billion in loans to Greece — particularly Germany — resent the costs of the rescue. A single currency could no more subsume national identities than drinking Coke could make people American. If other euro countries (Portugal, Spain, Italy) suffer Greece’s fate — lose market confidence and can’t borrow at plausible rates — there would be a wider crisis.

But the central cause is not the euro, even if it has meant Greece can’t depreciate its own currency to ease the economic pain. Budget deficits and debt are the real problems; they stem from all the welfare benefits (unemployment insurance, old-age assistance, health insurance) provided by modern governments.

U.S. Taxpayers Bailing Out Greece?

May 9, 2010

Good read by Mike Pence and Cathy McMorris Rodgers in the NY Post on how the US Taxpayers could be bailing out Greece, whose self-inflicted problems are due to years of rampant socialism. 

US taxpayers will be helping to foot the bill for the Greek bailout, via the Interna tional Monetary Fund. And if the Obama administration doesn’t draw a clear line, Uncle Sam may soon be on the line for even more and larger European “rescues.”

The Greek government, with its high taxes and profligate spending to support large bureaucracies and social programs, is bankrupt. Its bonds have been downgraded to junk status.

As economist Milton Friedman once said, “If you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand.” Greece has run out of sand.

 Concerned that the fiscal damage could spread throughout the EU and the world, other European Union members and the IMF have pledged $145 billion to bail out Greece. And since the United States is the largest contributor to the IMF budget, our government will be funneling billions of American tax dollars to Greece.

No one wants to see Greece fail — the economic stability of Europe is important. But US taxpayers have funded bailout after bailout, and our country faces a debt crisis of its own.

Our unemployment rate stands at nearly 10 percent. The public debt now stands at $9.2 trillion. The Congressional Budget Office predicts that America’s debt held by the public will reach 90 percent of gross domestic product within 10 years under President Obama’s budget. Without dramatic spending restraints, America is on a path like the one that led to Greece’s financial catastrophe.

Portrait in Leadership: Obama Golfs as Nashville Recovers from Flood and Oil Washes Ashore in Louisiana

May 9, 2010

As mentioned in PolitiPage.com, Obama spent Saturday playing golf as opposed to dealing with any major issues such as the economy, terror, flooding in Nashville, and the oil spill in the Gulf. (Obama’s Katrina)

Times Square Bomber Routinely Blogged on Terror Websites since 2006… yet Obama Admin Removed him from Terror Watch List

May 8, 2010

Hope and Change.  And a pathetic national security policy by The One that apparently hinges on terrorists’ bombs malfunctioning.  Courtesy of Gateway Pundit.

UCLA Professor calls for Mexican Revolution in the U.S.

May 8, 2010

Continued Decline of the Mainstream Media: Newsweek Magazine up for Sale

May 8, 2010

The Washington Post Company put Newsweek Magazine up for sale last week, as the Mainstream Media Death Spiral continues.  Liberal, biased commentary drives readers away every time, whether it’s magazines, newspapers, or cable news. 

From John Podhoretz in Commentary Magazine:

“We don’t see a sustained path to profitability,” said the company’s chairman, Donald Graham, which is kind of an odd thing to say when you’re trying to sell something. More telling is the celerity with which the magazine lost money following the redesign a year ago: “Newsweek had operating losses of $28.1 million in 2009, 82.5 percent higher than the previous year’s loss of $15.4 million. Its revenue declined 27.2 percent, to $165.5 million in 2009, from $227.4 million in 2008, hurt by diminished advertising and subscription revenue.” One can only presume the numbers so far in 2010 are worse, otherwise the sale wouldn’t be happening.So why didn’t it work? The line being proffered everywhere is that newsmagazines have lost their viability, nobody wants them, blah blah blah. This is almost comical nonsense. The most successful weekly magazine in the United States right now, by some measures, is the Economist, which is…a newsmagazine. The other line is that Newsweek’s website is retrogressive, and that helps to explain its decline. Again, this is ludicrous; nobody talks about the Economist’s website either. The problem isn’t the website, or the newsmagazine genre in absolute terms. The problem is that Newsweek has been misrepresenting itself to its readership for years, and lost the confidence of its readers; and continued to pretend through the redesign that it was something it is not.

For years, Newsweek was a liberal journal of opinion masquerading as a news publication that attempted to sell itself to a mass readership with a lot of health-care, entertainment, and lifestyle fluff. As a vehicle for news analysis, it was entirely conventional; as a purveyor of sociological fluff, it was kind of fun, though often enragingly so; as a journal of opinion, it was to actual journals of opinion as tofutti is to gelato, flavorless and bland and mock. Last year, Meacham and Co. ditched much of the news analysis and sociological fluff in favor of more and more opinion.

It will not surprise you to know that much of the opinion dealt with the ways in which Barack Obama was right and noble and good and strong and tough and resourceful and a good symbol and an agent of change and so is his wife, by the way — and when it was not about that, it was primarily about how the right is at war with itself and torn and in conflict and dominated by anger and full of rage and presumptively racist and anti-gay and anti-women and anti-media. That was to be expected. But there was really almost nothing else in there, and what was there as a matter of ideological coloration wasn’t especially tough or good or interesting or novel.