Archive for the ‘Stupid is as Stupid Does’ Category

Analysis: Summers exit lets epic failure obama retool team and message

September 21, 2010

Sheer idiocy, sheer idiocy I tell you! Socialism and Communism just don’t work great leader with Romulan ears! Such an epic failure! The American people deserve so much better in their leaders!

Read on…

(Reuters) – The departure of economic adviser Larry Summers opens the way for President Barack Obama to shake up leadership of his economic team and show he is taking seriously growing public frustration over the sluggish economic recovery.

Whoever replaces Summers will have policy options constrained by a record $1.47 trillion budget deficit and the possible Democratic loss of control of the House of Representatives in November 2 congressional elections.

* With slow economic growth and nearly double-digit unemployment the central issues in the elections, Summers’ exit continues the overhaul of Obama’s economic team, after White House budget director Peter Orszag and top White House economist Christina Romer departed recently.

Obama’s team had been widely criticized for overly optimistic forecasts about an economy that has not gathered enough steam to erode stubbornly high unemployment.

Word of Summers’ departure followed a town hall meeting on Monday where Obama came face-to-face with supporters disillusioned with his economic recovery efforts.

Full story HERE

Read it… Then go and find a royal throne to puke in.

Our impostor in chief yet again fails to accomplish anything, anything at all that the fools that voted for him wanted. I personally think that is a good thing. A very good thing.

Remembering: The day the earth stood still 9/11

September 10, 2010

Remembering  this day… I think that perhaps the best way to honor the thirteen men that I knew, trained, and worked with might be best served by simply not posting. That is why this is an hour and fifteen minutes early. Our attention, rather, should be guided toward remembrance of those that died that day. The professionals that did their duty, and paid the ultimate price, as well as the overt victim’s.

America, as in the United States of America. Is not about bowing, even a head nod, to those that wish the destruction of Freedom and Liberty.

The “American Dream” is not about owning a home. It is not about being overpaid for the work that you do. It is not about gaining personal power. It is about having the ability to actually do those things!

Read the Declaration of Independence.

Read the Constitution.

Read the Bill of Rights.

Think about it… Being an American, philosophically is a Natural Human Right!

Time is up. I’ll post links tomorrow.

Regulatory Commissars: They Knew Drilling Ban Would Kill Jobs

August 28, 2010

With unemployment hovering at 9.5 percent — real total unemployment, called U6, is much higher — what’s another 23,000 jobs lost? Apparently, not much to Barack Obama. Previously unreleased documents show that his administration issued the federal moratorium on deepwater drilling despite knowing the ban would kill thousands of jobs. According to The Wall Street Journal, the documents reveal that Michael Bromwich, the head regulator of offshore oil exploration, told Secretary of the Interior Ken Salazar that the temporary ban “would result in ‘lost direct employment’ affecting approximately 9,450 workers and ‘lost jobs from indirect and induced effects’ affecting about 13,797 more.”

Also, regardless of confirmation from the region of the moratorium’s devastating impact, the government says the ban will continue. That’s right — the beatings will continue until morale improves. Reflecting its typical “we know best” disdain for the peasants, the administration has even claimed the impact wasn’t as bad as industry experts said. Try telling that to those 23,000 former workers.

In related news, House Republican Leader John Boehner has called on Obama to fire Treasury Secretary Tim “Tax Cheat” Geithner, National Economic Council Head Larry Summers, and the rest of the White House economic team. (Senior Economic Adviser Christina Romer and Budget Director Peter Orszag have already abandoned ship.) Pointing to “job-killing tax hike[s],” skyrocketing spending and a penchant for new regulations, Boehner said, “We’ve tried 19 months of government-as-community organizer. It hasn’t worked.” A political chess move to be sure, but we won’t argue that government-as-community organizer is getting rather expensive.

SOURCE

Winner Of 2010 Sarah Brady Visionary Award

June 11, 2010

Well well well. Who would have thought…

On May 18, the Brady Campaign held a big shindig in Washington, D.C., to give this year’s “Sarah Brady Visionary Award” to now-former Hearst News Service White House reporter Helen Thomas.

In accepting the award, Thomas vilified the U.S. Supreme Court for declaring the Second Amendment to protect an individual right to arms, and vilified the Armed Forces for fighting the war on terrorism.

“The inept Supreme Court has found a way for all individuals to have a right to have a gun,” Thomas griped. “No Guns! What planet does the Supreme Court live on? . . . We’re living in an era when we send robots halfway around the world to kill people in their own country, and no one asks why. Let’s never give up hope that we can control deadly guns in this country.”

Before Thomas accepted the award, Brady Campaign president Paul Helmke read a statement from President Obama, who said, “Helen Thomas will always hold special place in my heart.” Sarah Brady called Thomas “the finest journalist of our generation.”

Mrs. Brady may wish to revise and extend her remarks, however. Thomas’s moment of adulation was brought to an abrupt halt on June 7, when Thomas resigned in disgrace for having said that Jews in Israel should go back to Germany or Poland, where, as the world knows, millions of unarmed Jews were imprisoned in concentration camps and, ultimately, murdered by the Nazis.

SOURCE

Mayor Daley: Poster Child for Hoplophobia

June 9, 2010

Mayor Richard Daley is almost as good at harming the gun control crowd’s agenda as the Gun Salesman of the year epic fail obama is. Every time he opens his mouth lately he says things that make the arguments of people such as myself so much easier to defend.

Read more about this HERE.

Keep it up Mayor! PLEASE!

Felipe Calderón: Just go home hombre’

May 20, 2010

From the Hate America First camp El Presidente’ is again trying to run the United States of America. How’s that gun control working out for you in your failed third world state Mister?

Full Story HERE


epic fail obama rides the Greek saddle: Cavalry to the rescue?

May 15, 2010

After crusading for an $800 billion “stimulus” bill in 2009 and ramming through a trillion-dollar health care overhaul in 2010, the Obama administration wants to spend yet more of your money — in Greece. Entitlement-mania in that nation has cost more drachmas than it could raise in the next 50 years, and the U.S. Spender-in-Chief wants to lend a hand — yours. Here’s how: Of the $145 billion Greek bailout passed early this month, $40 billion will come from the International Monetary Fund. And guess where the IMF receives a big chunk of its money? You, again. Economist Stephen Moore writes, “Last year, the Obama administration muscled through a new authorization of $100 billion in funding for the IMF.” So first, the Obama administration pushed to fund the IMF; then, it pushed to bail out Greece using IMF funding. Welcome to Obamanomics.

Fed up with the fiscal insanity, 45 House Republicans have signed a letter urging Treasury Secretary Tim Geithner to prevent American tax dollars from supporting the bailout. Tellingly, no Democrats signed the letter.

The spendthrifts in Washington may not “get it,” but our friends across the Pond apparently do. Explaining Britain’s refusal to help fund the bailout, British Chancellor of the Exchequer Alistair Darling stated, “When it comes to supporting the euro, that is for the eurogroup countries.” What a thought.

Then we have…

Like the Sword of Damocles hanging over our collective heads, the national debt stands ready to cleave the central government’s fiscal credit ratings. It’s no longer a question of “if” the government’s credit rating will be reduced to the same junk bond level as Greece’s, but merely a question of “when.” While there is no bright line to notify the government how much debt is too much, what is certain is that investors will soon command higher yields for holding risky U.S. debt instruments. When that happens, the federal government will be forced to pay much, much more to continue borrowing more money than it takes in.

Moody’s Investors Service sovereign ratings analysis is shining much needed sunlight to disinfect our government’s spending problem. Their analysis suggests that the federal government’s credit score will be severely downgraded somewhere between 2013 and 2018. The key indicator for Moody’s is the point at which the interest paid by the government for existing debt hits 18 to 20 percent of federal revenue, the government will lose its AAA rating. Under the rosiest of scenarios predicted by the Congressional Budget Office (CBO) for Barack Obama’s budget, interest will top 18 percent of revenue by 2018 and 20 percent by 2020. Under more adverse scenarios than the narrow factors CBO considered, including higher interest rates, Moody’s projects interest may hit 22.4 percent by as soon as 2013.

Rather than waiting for re-evaluation by Moody’s, investors may instead choose to punish the government and trigger an increase in rates in advance of any ratings changes. As long as Democrats remain in charge of the government, we can predict their response will be no different from what precedes: Raise taxes instead of cut spending. That and regulating with newly introduced legislation independent credit rating agencies like Moody’s so that they can’t downgrade the U.S.’s rating.

SOURCE

Democrats Push for National ID

May 9, 2010

At least since 9/11, the Democrats have, if anything, been even worse than the Republicans in their push for a national ID. I recall the Bush administration, very early on, dismissing this totalitarian idea, although Bush soon enough signed the Real ID Act into law, with the support of hawkish and anti-immigration conservatives. But the establishment left is also a major threat on this front, and Democrats traditionally get a pass on civil liberties issues, whereas under Republicans there is more populist criticism of surveillance, police powers and the like.

Consider the Orwellian program being proposed by the Democratic leadership as part of “immigration reform.” Alexander Bolton writes:

Democratic leaders have proposed requiring every worker in the nation to carry a national identification card with biometric information, such as a fingerprint, within the next six years, according to a draft of the measure. The proposal is one of the biggest differences between the newest immigration reform proposal and legislation crafted by late Sen. Edward Kennedy (D-Mass.) and Sen. John McCain (R-Ariz.). The national ID program would be titled the Believe System, an acronym for Biometric Enrollment, Locally stored Information and Electronic Verification of Employment. It would require all workers across the nation to carry a card with a digital encryption key that would have to match work authorization databases.

Whereas the Kennedy/McCain bill was bad enough, containing both positive elements and nasty ones, this new monstrosity would force leviathan’s way even further into every employment relationship. And this actually speaks to the false dichotomy between civil and economic liberties. Both incorrectly bifurcated forms of freedom are rooted in the same set of property rights, first and foremost in one’s own person and, by extension, in the tangible property one acquires justly through homesteading, gifts and honest market transactions. If Big Brother tries to comprehensively regulate immigration, he can smash economic freedom of association. And if the state has the power to oversee our economic lives, our personal freedom will always suffer in the process.

Full Story

More on man made Global Climate Change: yeah right…

May 9, 2010

Yvo de Boer, the UN’s lame-duck climate change bigwig, recently held a three-day conference in Koenigswinter, Germany. The meeting, loftily known as the “The Petersberg Dialogue” (which sounds like the title of a Robert Ludlum novel), was arranged to repair the breakdown in trust that occurred at Nopenhagen last December.

The next major UN climate change conference is set for December of this year in Cancun, Mexico, which, unlike frozen Copenhagen, shouldn’t suffer snow or bring record cold temperatures. While Copenhagen was hyped in the media for months beforehand, de Boar isn’t holding out any hopes for a binding treaty in Cancun. Instead, he hopes it will lead to a “functioning architecture,” which is liberalese for establishing a platform of wealth redistribution on an international scale.

De Boer is confident that a treaty will be signed before 2012, but he was careful to state that “even that will not be the definitive answer to the climate change challenge.” Of course, the only definitive answer, according to envirofascists, would involve bankrupting economies and limiting each couple to one child because, by the very fact of our existence, humans are endangering the planet.

In the meantime, the Leftmedia continues to wage its scare campaign on the rest of us. This week, the Leftmedia headlined “Melting Icebergs Cause Sea Level Rise,” which was taken from a press release issued by the University of Leeds. The article continues with the usual fear-inspiring “facts,” giving just enough data to sway some of those on the fence. Of course, as blogger Anthony Watts pointed out, at the rate the scientists claim the ice is melting, a dubious guess in and of itself, we can expect the sea level to rise one inch every 526 years.

SOURCE

The Economy is on the rise: Epic Fail Obama, the lies continue

May 7, 2010

Supposedly the economy is on the rise. The government decided that it is, so it must be so. While a few jobs were added unemployment took yet another upswing…

The lack of basic economic principles inside the heads of epic fail obama’s administration is nothing less than astounding. At least to those of us that actually did pass Macro and Micro Economics. Then from across the pond, we have this.

John Williams: A Hyper-Inflationary Great Depression Is Coming
Source: Tim McLaughlin and Karen Roche of The Gold Report 4/30/10

http://www.theaureport.com/pub/na/6199

ShadowStats’ John Williams has done his math and believes his numbers tell the truth. He explains why the U.S. is in a depression and why a “Hyper-Inflationary Great Depression” is now unavoidable. John also shares why he selects gold as a metal for asset conversion in this exclusive interview with The Gold Report.

SOURCE