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Thursday, March 26, 2009

The Senator And The Congressman

I got to thinking the other day when Barney Frank, a homosexual, called Justice Scalia a homophobe. I started to think about the Larry Criag scandal.



Mug shot of Craig 2007
http://img.wonkette.com/assets/resources/2007/12/larrypoy.jpg

You remember Larry Craig? He was the Republican Senator from Idaho. I said (was) because he was forced to resign in disgrace after a sting operation in a bathroom incident in Minneoplis when his foot touched a police officer's foot in the stall next to him. There was no sexual act committed.


Craig pleaded guilty to a misdemeanor charge of disorderly conduct by signing and mailing a plea petition, dated August 1, 2007, to the Hennepin District Court in Minnesota. He paid $575, including fines and fees.

After the incident men were coming out of the woodwork claiming to have had sex with Craig. Late night talk shows had a field day. I'm not defending Craig. I think he's guilty.

BUT


Hold this thought a minute... He was forced to resign in disgrace...
-----------------------------------------------------------------------------


Enter Congressman Barney Frank

Barney Frank Keynote Speaker at Gayla

Barney Frank Threesome

Barney Frank Threesome

Guess who gave the keynote speech at the People’s Inaugural LGBT Gayla, yup you guessed right Barney Frank. Wearing a tuxedo and spewing his normal mumble jumble non-sense Barney Frank the gay congressmen from Massachusetts talked about anal sex and prostate dildos. For those lucky enough to attend I am sure most enjoyed the thoughts of a naked Frank hovering behind them!

-------------------------------------------------

Barney Frank grabbing Mike Evans' ass at the Equality Forum in Philedelphia

barney-frank_grabbing_ass.jpg

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(Barney Frank and another of his gay lovers.)


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In 1990, The House Ethics Committee recommended Frank be reprimanded because he "reflected discredit upon the House" by using his congressional office to fix 33 of Steve Gobie's parking tickets. Frank confirmed that he paid Gobie for sex, hired him with personal funds as an aide and wrote letters on congressional stationery on his behalf to Virginia probation officials, but Frank said he fired Gobie when he learned that prostitution clients were visiting the apartment.

The investigation into Gobie and Frank's interactions were prompted by Gobie's attempt to cash in on assertions that Frank knew and approved of Gobie's illegal activities in the Frank residence. "Two years [after Frank fired Gobie], Gobie tried unsuccessfully to sell his story to the Washington Post. He then gave the story to the Washington Times for nothing, in hopes of getting a book contract for the male version of "The Mayflower Madam."

-----------------------------------------------

Another of Barney Frank's Lovers Was An Executive with Fannie Mae



https://www.wfhm.com/wfhm/gb/custom/custom_pics/1110217732966.jpg
Herbert H Moses

This is probably why Frank was supporting Fannie and Freddie as they were swirling around about to go down the toilet!

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This is his current live in boyfriend
http://www.washingtonblade.com/2009/2-13/news/national/Jim%20Ready%20and%20Barney%20Frank.jpg

-------------------------------------------------------

Bottom line. Craig (R) tried to cover up is sexuality and had to resign.

on the other hand

Frank (D) is openly gay. He is referred to as the "honorable" Barney Frank.

I don't know. Maybe it's me. But it seems there's
a double standard here.

You make the call.



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Monday, March 23, 2009

Welcome To The Real World



You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.

The Late Dr. Adrian Rogers

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Thursday, March 19, 2009

Pelosi Welcoming Illegals


On the evening of March 7th, Nancy Pelosi spoke before a crowd of immigrants and illegal aliens.

Choosing the rights of illegal immigrants over the rights of American citizens, Pelosi informed the crowd that ICE raids were “un-American” and should be stopped immediately.

This is a slap in the face to law enforcement and border patrol agents who are trying to protect our border! This bitch should be run out of town on a rail. What happened to "Defend and protect the Constitution!"


PELOSI TRANSCRIPT (excerpts)

“…I want to join all of you in welcoming my colleague Congressman Gutierrez to San Francisco. As he… (applause) As he said, he’s on a nationwide tour that goes on and on across the country, lobbying for and advocating for comprehensive immigration policy.

And yes a fair policy for everyone to stop the raids. To stop the raids….

…How then could America say it’s ok to send parents of children away? What value system is that? I think it’s un-American. I think it’s un-American…

Who in our country would not want to change a policy of kicking in doors in the middle of the night and sending a parent away from their families?

It must be stopped. It must be stopped.

Gutierrez, (unintelligible) I know San Francisco Organizing Project (unintelligible) has been part of this and St. Peter’s and St. Anthony’s, and so many to make this evening such an important testimony to the need for change….

And all over the country it’s going to said… But, I want to bear witness to, people are turning out with courage and conviction and, and insistence that this stop. There are ways it can stop, by just changing policy by the administration, which I think will happen, but we need comprehensive immigration reform and we need it soon. And we need it soon. And we need it soon….

But for this really to work, in addition to trying to help individual families, we have to have a change in policy and practice and again… can’t say enough; The raids must end. The raids must end.”


----------------------------------------------------------------------------


This is a statement made by Harry ("The war is lost") Reid in 2007 on the proposed Shamesty Bill defeated by people who really love America.


"This week we are going to complete this legislation and we will hopefully complete the final passage that will strengthen our border security and bring 12 million Undocumented Americans out of the shadows."

Undocumented Americans? Isn't that a oxymoron.

----------------------------------------------------------------------------------

(excerpt from)

Veterans for Secure Borders

The real agenda

Our intentionally unsecured borders and our government's deliberate and unapologetic lack of enforcement of our immigration laws is merely a precursor to a much larger goal - a "New America" in a borderless "North American Union." This New America would replace the traditional self-governing "Old America" for which our founders sacrificed and our soldiers fought and died to preserve.

Democrats...its in their blood.


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Mortgage Boy..This piece of crap is up for re-election in 2010


Allow me to add a few comments on this article. Dodd is Senate Banking Committee Chairman. This is the same Chris Dodd that
got a sweetheart deal on his mortgage from this snake
http://i.l.cnn.net/cnn/2008/US/03/29/countrywide.ceo/art.mozilo.afp.gi.jpg Anthony Mozilo the former CEO of Countrywide. When asked about this (July 2008) Dodd said he would provide full details on his mortgage dealings. When the news broke, the Senator first denied that he sought or expected preferential treatment. He later admitted that he knew he was considered a VIP at the firm but claimed he thought it was "more of a courtesy."

When pressed by the WSJ to produce the papers he said,"he can't find them."
This guy is the
Senate Banking Committee Chairman and he can't find his own mortgage papers???

Instead of being arrested, the snake (Mozilo) left Countrywide with with a severance package of $110 million! In a Time Magazine article... 25 People To Blame For The Financial Crisis... Mozilo was ranked 3rd.

(Click if you want to see the entire list) http://www.time.com/time/specials/packages/article/0,28804,1877351_1878509,00.html

(Naturally a Democrat tops the list!)



In another strange coincidence no one in Congress has ever received more campaign contributions ($104,300) from AIG then Chris Dodd!

If this bastard is re-elected in 2010 (frankly, he should be removed from office now) the people in Connecticut have only themselves to blame. He has been a fixture there since 1981. Its not an election, its a coronation. Wake Up!




Sen. Dodd Admits Adding Bonus Provision to Stimulus Package

Sen. Chris Dodd, D-Conn., said Wednesday the Treasury forced him to add language to the stimulus bill last month that exempted all executive bonuses made before February 11, 2009.

FOXNews.com

Wednesday, March 18, 2009

In a dramatic reversal Wednesday, Sen. Chris Dodd, D-Conn., confessed to adding language to the stimulus bill last month that exempted all bonuses that bailed-out companies had promised to employees before Feb. 11, 2009.


http://tsfiles.files.wordpress.com/2008/09/chris-dodd-d.jpg

(Want finger pointing...point it at yourself)


Dodd told FOX News that Treasury officials forced him to make the change.

"As many know, the administration was, among others, not happy with the language. They wanted some modifications to it," he said. "They came to us, our staff, and asked for changes, and the changes at the time did not seem that obnoxious or onerous."

But the provision has become a flash point for criticism amid the controversy over $165 million in bonuses given out by AIG after securing more than $170 billion in federal aid. The language in the stimulus bill wasn't specific to AIG, but some have expressed outrage that it appears to have created a loophole.

Dodd said the argument put forward by Treasury was that a "flood of lawsuits" would come forward if the change was not made.

Dodd said he was unaware of the AIG bonuses at the time the bill was being written back in early February. He also said he has no reason to believe Treasury officials making the argument knew about the AIG bonuses.

When asked how administration officials have this kind of leverage over members of Congress, Dodd said, "The administration has veto power. ... No one suggested a veto to me, I don't want to imply that to you. But certainly that's not an insignificant tool."

On Tuesday, Dodd told FOX News that he didn't add the exemption.

"When the language went to the conference and came back, there was different language," he said then. "I can tell you this much, when my language left the Senate, it did not include it. When it came back, it did."

Dodd still thinks the Treasury can get the bonuses back, despite the inclusion of a date in the stimulus bill, and he said officials are, in fact, using his very language to claw back the money.

"There is language after that date that says explicitly that the Treasury has the right to modify, reaching back, those bonuses, compensations, if it's inconsistent with the TARP legislation or contrary to the public interest," he said.

"In fact, it's that phrase that the administration is relying on this evening as a means by which they can reach back and maybe get these bonuses back," he said.

Still, Dodd has his enemies. The Senate Republican re-election campaign quickly shot out a statement on the Dodd reversal, as he is a prime target in the 2010 midterm elections and is facing a Republican opponent who, in one poll, is in a statistical tie with him.

"Senator Dodd's reversal on this issue is both astonishing and alarming," the National Republican Senatorial Campaign said in a written statement. "Contrary to his statements and denials over the last 24 hours, Senator Dodd has now admitted that he and his staff did in fact change the language in the stimulus bill to include a loophole for AIG executive bonuses."

The group added that Dodd had "misled voters and equivocated on his statements."


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Wednesday, March 18, 2009

Retention Bonuses

First of all the salutation is wrong. There is nothing "honorable" about Barney Frank but that's a story for another day.

Secondly, why does Cuomo have to inform Frank whats going on? Isn't it Frank's job to know! After all, he is the chairman of the House Financial Committee, which oversees the entire financial services industry, including the securities, insurance, banking, and housing industries.

(Click right corner to make larger)

NY Attorney General Andrew Cuomo Letter to Rep. Barney Frank NY Attorney General Andrew Cuomo Letter to Rep. Barney Frank



Liddy (CEO) said they had to pay a "retention" bonus to keep the best and brightest people with the company. Out of 73, 11 have already left the company. One guy who has already left according to Cuomo got 4.6 million! (By the way, these were the same people that invested in credit default swaps and CDO's, something that Warren Buffet said, "Was the black hole of investments." )

This is the same kind of toxic crap that brought Lehman Brothers down. Speaking of Lehman Brothers, they are done, gone, and have no one to blame but themselves. They were in existence for 150 years. Now they're gone. No one cares. The sky didn't come crashing down. It didn't cost billions in taxpayer dollars. Why? Because the free market system works!

The bottom line on AIG comes down to a multiple choice. Select A or B.


Sept 2008
A. AIG a major player once worth billions goes belly up because of greed and poor business decisions. Thousands loose their jobs.

Sept 2009
B. After the US taxpayer paid approximately $180 billion, AIG a major player once worth billions goes belly up because of greed and poor business decisions. Thousands loose their jobs.



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Monday, March 16, 2009

For Once... We Agree (with reservations)


American Tax Dollars At Work




AIG Bombshells: $1.2B in Bonuses, Over $100B Paid to Goldman, Other Banks

Posted Mar 16, 2009 11:34am EDT by Aaron Task in Newsmakers, Banking

Updated from 11:34 a.m. ET

Update: President Obama has instructed Tim Geithner to "pursue every legal avenue to block these bonuses" planned for AIG executive. It's "hard to warrant any bonuses" at AIG and there is no way to "justify this outrage," the President said midday at the White House. After tripping over his words at one point, the President said, "I am choked up with anger," a familiar feeling in America today.

Earlier: Every time AIG is in the news, it's almost guaranteed to provoke a gag reaction from American taxpayers and policymakers. This weekend was no different as two stories of bailout abuse and outrageous behavior came to light:

First, AIG was lambasted as disclosures of its $1.2 billion bonus pool came to light. About $450 million of the bonuses were planned for employees of its financial services unit, the rogue hedge fund insider the insurer, which lost $40.5 billion later year. The Wall Street Journal reports at least seven individuals at that unit were due bonus payments of $3 million each.

AIG CEO Edward Liddy says "the firm's hands are tied" because those bonus payments are "contractual commitments"; apparently, both he and regulators fear the fallout of trying to abrogate contracts, which may be legally binding but were signed before AIG became a ward of the state.

Second, in part to quell the outrage over the bonus revelations - which apparently only came to light because a $165 million payment was due on Sunday - AIG released the names of its counterparties who, thus far, have received at least $90 billion of the $173 billion of government funds the firm has received in what amounts to a backdoor bailout of Wall Street firms, banks and foreign institutions. (Reports vary but Bloomberg says the counterparties got $105 billion of AIG bailout funds.)

Along with Merrill Lynch, Bank of America and Citigroup, the prime beneficiaries of the AIG bailout bonanza include European banking giants Societe Generale, Deustche Bank and Barclays.

But at $12.9 billion to date, Goldman Sachs is at the top of the list AIG bailout beneficiaries. This only reinforces the perception the AIG bailout was really a bailout of Hank Paulson's former firm. And, by the way, AIG's Liddy had to resign from Goldman's board in order to take the AIG job last fall.

Are you outraged yet? The good news is you're not alone: Ben Bernanke, Tim Geithner, Larry Summers, NY Fed President (and ex-Goldman economist) William Dudley, Rep. Barney Frank, Sen. Bob Corker and others have each expressed anger and outrage over the AIG bonuses and payments to counterparties.

The real question is what they, and President Barack Obama, are going to do about it? The really scary thing is there's no end in sight to these AIG outrages, unless we make a major change of course - pronto.

-----------------------------------------------------------------------------------------------


AIG and Bernie Madoff are the same. Only difference is AIG's not trying to cover it up.

How could anyone in their right mind think they should be rewarded for driving a once prosperous company into the ground???

How many more outrageous events have to occur at AIG before Edward Lilly is fired?

Like I said time and time again who is watching where the money is going. Would they even be getting a bonus if suckers like us didn't give them billions?

Everybody is outraged. I wonder? Frank, Schumer, and Dodd are using this as a deflection to keep our attention off the Stimulus Bill. These executives should be shot but this is small potatoes compared to the wasteful spending of billions on pork in the Stimulus Bill!

By the way, Barney Frank should be the last one to say anything. If a statue could be sculpted with a blend of incompetency and dishonesty it would be in the likeness of Barney Frank.


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Friday, March 13, 2009

Pet Sematary





Sematary instead of cemetery? Remember this disgusting book. Later to be made into a movie. Somehow I was conned into going to the movie. Honestly I almost walked out. I have walked out of movies before, and should have this time.

However, this movie will serve some purpose, and that is to make a point.

To put this garbage in context a couple with two young kids living in Maine has a cat that is run over in front of their home. On their next door neighbor's advice they take the cat to the pet sematary to bury it. The next afternoon the cat returns home. It smells of death, with an unearthly look and weird eyes. Birds and mice are torn apart, not to eat, but for shear pleasure.

A while later the guy's son is run over by a Mack truck. He burys his son at the pet sematary.
Shortly thereafter the kid returns home, possessing all the skills of a demon, he now resembles "Chucky". First he kills the next door neighbor. Then his own mother.

Finally realizing what a monster he is the father is forced to kill his son. He then gets the bright idea to bury his wife (the son had just killed) in the pet sematary. Even if you didn't see the movie, I bet you could guess the result.

OK. Three days later she taps him on the shoulder and says........."Darling."

If you do the same thing, you get the same results!




If there is a moral in this story I guess it would be:

  1. Don't mess with mother nature....or
  2. Don't interrupt the Yin and Yang of the natural world...or
  3. My favorite. Don't defy the will of God by trying to change the universal progression of... death follows life.

Simply put. Some things are better off dead.


------------------------------------------------------------------------------------------------
You are probably wondering.... what the hell does this have to do with politics!

Two words. Free market.

Our government has become the "Pet Sematary."

First Bush and now BHO is the caretaker of the "Pet Semetary." They are interfering with the natural progression of the free market system. You cannot artificially keep something alive that desperately needs to die. Banks that have made poor business decisions (if you had a pulse you got a mortgage) will be absorbed by banks following sound business practices. Our democracy is set up with laws to provide for this contingency. Its called bankruptcy.

Lets take the case of insurance giant AIG. Just recently they announced they lost 62B last quarter. The biggest lost of any company in the history of the world! So the "Pet Sematary" sent them another 30B. Last time I checked a share of stock in AIG was worth 43 cents; their market cap was 1.16B. Essentially that is net worth of the company. . All told, the taxpayer (so far) is on the hook to AIG for a staggering 180B!!!

I hate like hell to see the car companies go out of business. The fact of the matter is:

GM said it would need up to $30 billion from the U.S. Treasury to continue operating. GM has already received $13.4 billion.

Chrysler wants $2 billion more on top of the $4 billion it has already received and the $3 billion it is expecting from Washington.

To its credit Ford has not asked for loans. Makes me want to buy a Ford!

Here again with the big three bankruptcy is in order. File for it, restructure, and get rid of the UAW. Maybe a merger is also on the agenda.
The big three have been losing market share since 1962. GM's market capitalization is smaller than Harley-Davidson's. In 1962 half the cars sold in America were made by GM. Now its market share is roughly 25 percent. In 1999 the Big Three -- GM, Ford, Chrysler -- had a 71 percent market share. Their share is now 58 percent and falling. How will throwing billions of dollars at it with the same management effect a different outcome?

But wait. The "Pet Sematary" will tell you, "They're to big to fail!" No there not. They're to inept to succeed. The answer is file bankruptcy, restructure, or merge. The only true test of achievement is result. You can't turn a jackass into a race horse no matter how much money you throw at it.

Another word the "Pet Sematary" likes to throw around is transparency. What exactly is that? Its the full, accurate, and timely disclosure of information. The other "Chucky." (rhymes with Schumer) said this recently, "Yeah, there's a lot of pork in the bill... but so what the American people don't care!" Well I must say. He is transparent. Not only is he is going to shove it up our ass, but he's going to rub our nose in it too!

Shovel-ready is another catch word they like to use. You better have one ready to dig your way out of debt because Pelosi is already talking about... Stimulus II... The Sequel.


When you're in your car and its 96 degrees and a dead animal is lying on the side of the road you can barely stand the smell. A month later you drive by the exact same spot and you can't smell or see anything.

With the stroke of a pen we have put a scar on future generations of Americans by paying 787Billion to clean up a stink that the free market system would have naturally taken care of all by itself.

If only we would have given it a chance to work.





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Tuesday, March 10, 2009

The Joke Of The Year

(Click It)





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Monday, March 9, 2009

To Gain A Perspective



(From a email I received)


What does one TRILLION dollars look like?


All this talk about "stimulus packages" and "bailouts"...


A billion dollars...


A hundred billion dollars...


Eight hundred billion dollars...


One TRILLION dollars...


What does that look like? I mean, these various numbers are tossed around like so many doggie treats, so I thought I'd take Google Sketchup <http://sketchup.google.com/> out for a test drive and try to get a sense of what exactly a trillion dollars looks like.


We'll start with a $100 dollar bill. Currently the largest U.S. denomination in general circulation. Most everyone has seen them, slighty fewer have owned them. Guaranteed to make friends wherever they go.








A packet of one hundred $100 bills is less than 1/2" thick and contains $10,000. Fits in your pocket easily and is more than enough for week or two of shamefully decadent fun.








Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000). You could stuff that into a grocery bag and walk around with it.













While a measly $1 million looked a little unimpressive, $100 million is a little more respectable. It fits neatly on a standard pallet...













And $1 BILLION dollars... now we're really getting somewhere...













Next we'll look at ONE TRILLION dollars. This is that number we've been hearing about so much. What is a trillion dollars? Well, it's a million million. It's a thousand billion. It's a one followed by 12 zeros.

You ready for this?

It's pretty surprising.

Go ahead...

Scroll down...

Ladies and gentlemen... I give you $1 trillion dollars...








The guy is so small you can barely see him in the left corner

(And notice those pallets are double stacked.)

So the next time you hear someone toss around the phrase "trillion dollars"... that's what they're talking about.










The estimated population of the United States is 305,788,992
so each citizen's share of this debt is $35,857.51.

The National Debt has continued to increase an average of
$3.70 billion per day since September 28, 2007!












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Saturday, March 7, 2009

Cavuto:

"Newt, what do you think the chances are of the Stimulus Bill succeeding?"














Newt:

http://www.rmc.edu/News/~/media/10C32B4077974B2089FB45D042621B83.ashx
"If you put water in the freezer how long will it take to boil so you can make coffee."





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Thursday, March 5, 2009




Does anyone know if we won the war in Iraq? I haven't heard anything from the media.





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Wednesday, March 4, 2009

Bernie...You Are Sooooo Right!


The True (and Pathetic) Story

of the Torrid Romance Between
Barack Obama and the Mainstream Media

True...? You bet your ass!

The question is... how long will the media be able to prop this guy up?


I was in my local supermarket the other day. For some reason I walked down the magazine aisle. I never walk down that aisle. Why? There is no food. Don't ask what I was doing in that aisle but there I was. Surrounding me were dozens of publications with BHO on the cover. I was stunned at the number. I swear half of them must have had his picture on the cover.

When I finished shopping I stood in line at the check out counter. My turn came and I began emptying my cart and putting my stuff on the counter. As I was doing this I looked up to see M&M's on the display rack. No not the candy. Michelle and the Messiah. There they were. Plastered on the cover of just about every tabloid. Brad and Angelina looked so alone I almost felt sorry for them.

After I got home and put everything away, I sat down and turned on the TV. Some guy was trying to sell me an Obama plate for $19.95. Somehow, listening to the guy, I got the feeling Obama and Abraham Lincoln were related. You know, like Arrr..nold and Devito. Twins. He said, "But wait...if you act now we'll send you two sets. That's right.. two sets for $19.95...but you have to act now!"

Reality

Gitmo to be closed down
Unparalleled spending going up
Throwing good money after bad
Cutting money to the military to look good
Market in free-fall
Taxes going up
Deductions going away

Hope and change, its not. Tax and spend, it is. Same shit. Different face.

This slobbering love affair is already beginning to show chinks in its armour... degrading as I write this... headed south... down the path... the torrid romance turning into the Saga of OJ & Nicole.

Align Left

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Tuesday, March 3, 2009

Back On Uncle Sam's Plantation


By Star Parker






Six years ago I wrote a book called Uncle Sam's Plantation. I wrote the book
To tell my own story of what I saw living inside the
welfare state and my
own transformation out of it.

I said in that book that indeed there are two Americas -- a poor America on
socialism and a wealthy America on capitalism.

I talked about government programs like Temporary Assistance for Needy
Families (TANF), Job Opportunities and
Basic Skills Training (JOBS),
Emergency Assistance to Needy Families with Children (EANF),
Section 8 Housing, and Food Stamps.


A vast sea of perhaps well-intentioned government programs, all initially
set into motion in the 1960s, that were going to lift the nation's poor out
of poverty.

A benevolent
Uncle Sam welcomed mostly poor black Americans onto the
government plantation.

Those who accepted the invitation switched mindsets
from "How do I take care of myself?" to "What do I have to do to stay on the
plantation?"

Instead of solving
economic problems, government welfare socialism created
monstrous moral and spiritual problems -- the kind of problems that are
inevitable when individuals turn responsibility for their lives over to
others.

The legacy of American socialism is our blighted
inner cities, dysfunctional inner city schools, and broken black families.

Through God's grace, I found my way out. It was then that I understood what
freedom meant and how great this country is.

I had the privilege of working on
welfare reform in 1996, passed by a Republican Congress and signed 50 percent.

I thought we were on the road to moving socialism out of our poor black
communities and replacing it with wealth-producing
American capitalism.

But, incredibly, we are going in the opposite direction.

Instead of poor America on socialism becoming more like rich American on
capitalism, rich America on capitalism is becoming like poor America on
socialism.

Uncle Sam has welcomed our banks onto the plantation and they have said,
"Thank you, Suh."

Now, instead of thinking about what creative things need to be done to serve
customers, they are thinking about what they have to tell Massah in order to
get their cash.

There is some kind of irony that this is all happening under our first black
president on the 200th anniversary of the birthday of
Abraham Lincoln.

Worse, socialism seems to be the element of our new young president. And
maybe even more troubling, our corporate executives seem happy to move onto
the plantation.

In an op-ed on the opinion page of the Washington Post, Mr.
Obama is clear
that the goal of his trillion dollar spending plan is much more than short
term
economic stimulus.

"This plan is more than a prescription for short-term spending -- it's a
strategy for America 's long-term growth and opportunity in areas such as
renewable energy, healthcare, and education."

Perhaps more incredibly, Obama seems to think that government taking over an
economy is a new idea. Or that massive growth in government can take place
"with unprecedented transparency and accountability."

Yes, sir, we heard it from
Jimmy Carter when he created the Department of Energy, the Synfuels Corporation, and the Department of Education.

Or how about the Economic Opportunity Act of 1964 -- The
War on Poverty
which
President Johnson said "...does not merely expand old programs or
improve what is already being done. It charts a new course. It strikes at
the causes, not just the consequences of poverty."

Trillions of dollars later, black poverty is the same. But black families
are not, with triple the incidence of single-parent homes and out-of-wedlock
births.

It's not complicated. Americans can accept
Barack Obama's invitation to move
onto the plantation. Or they can choose personal responsibility and freedom.

Does anyone really need to think about what the choice should be?
Great Mind....Great Face. What a woman!

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Monday, March 2, 2009

Yeah...Right



http://www.newyorkjets.com/image_assets/6547/021908_aig_strength_logo_320.jpg


Really!

AIG just posted the worst 4th quarter lost of any
American company in history. 62 Billion


They lost $460,000 per minute!!!



Q: How much money has the government given AIG?

A: On the brink of failure in September, AIG was bailed out when the government offered it an $85 billion loan during the ongoing credit crisis that saw Lehman Brothers Holdings Inc. file for bankruptcy protection and Merrill Lynch & Co. get sold to Bank of America Corp.

Less than a month later, the insurance giant received an additional $37.8 billion loan from the Federal Reserve, and later was granted the ability to access up to an additional $20.9 billion under a new program where the Fed would buy commercial paper — short-term debt often used for day-to-day expenses — from the company.

In November, the U.S. government restructured its loans to AIG, giving the company about $150 billion in total as part of a rescue package to help the company remain in business amid the worsening credit crisis. That package replaced earlier loans after it became apparent the insurer needed more funds.

Update seconds after I posted.

3-2-2009

Reporting from Washington — Federal officials tossed American International Group another financial lifeline today, providing up to $30 billion more to help the staggered insurance giant deal with a record $61.7 billion loss in the final three months of last year.

In this case alone, the American taxpayer is on the hook for $180 Billion to AIG.

This is only one company among dozens!




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