The nation's budget deficit will soar to an unprecedented $1.2 trillion this year, congressional budget analysts said Wednesday, a startling tide of red ink that could dampen enthusiasm on Capitol Hill for some of President-elect Barack Obama's most ambitious priorities.
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Thursday, January 8
The biggest load of crap you'll read today: "Congress gets 'sticker shock' at $1,200,000,000,000 deficit"
by
Riley Jones
on Thu 08 Jan 2009 11:26 AM EST
The Deficit Spending Blowout
by
Roland, the Gunslinger
on Thu 08 Jan 2009 05:08 AM EST
Dick Morris: Al Franken's Funny Business Exposed
by
Roland, the Gunslinger
on Thu 08 Jan 2009 01:38 AM EST
Those who want the recount actually want to count ballots in 25 precincts — that would bring the total number of votes cast higher than the actual number of people who voted!...In Ramsey County, 177 more votes have been counted than people who voted on Election Day. The canvassing board, in effect, is admitting that it is counting fraudulent, duplicate ballots! In some cases, absentee ballots, particularly from troops serving overseas, have been counted. In other cases not. One ballot, on which Franken was crossed out and replaced by "Frankenstein" was counted as a Democratic vote....Apparently, when a ballot was challenged, a copy was made to facilitate examination. But, in many cases, the canvasser failed to label the ballot as a duplicate. Then, in the recount, all the ballots were counted, ensuring that the challenged vote was not only counted, but counted twice. What makes all of this even more suspicious is that each of these errors inured to Franken's advantage and eroded Coleman's election night lead until the Democrat could claim victory. More>>> Tuesday, January 6
'Trillion-Dollar Deficits for Years to Come'
by
Roland, the Gunslinger
on Tue 06 Jan 2009 05:35 PM EST
President-elect Barack Obama predicted Tuesday that the nation could see ''trillion-dollar deficits for years to come,'' but said the country needs to continue spending taxpayer dollars to get the economy back on track. Obama, speaking to reporters at his Washington transition office, said he didn't want to get into specific budget numbers because his proposal is still being worked out with lawmakers More>>>
Obama’s Revolutionary “Vision”
by
Roland, the Gunslinger
on Tue 06 Jan 2009 05:09 PM EST
On the Fox News program “Hannity & Colmes” in December, analyst Dick Morris made the absolutely critical point that President Bush has taken the country so far to the left, in terms of his socialist-style Wall Street bailout program and his integration of the U.S. economy into a new emerging international financial order, that anything Barack Obama does in this area seems almost mainstream. This is because what we were expecting from Obama we are now getting from Bush. So Obama doesn’t look so radical anymore. This point must be understood in order to have an appreciation of the “moderation” of the new Obama Administration. Interestingly, some of Obama’s strongest “progressive” supporters are being brutally honest about what is happening. On the Rag Blog website, former Weather Underground terrorist Mark Rudd defended the “conservative appointments” of the President-elect and said that they are part of a deliberate strategy to “feint to the right” and “move left.” He explained, “Any other strategy invites sure defeat.” More>>>
What Disappearing Sea Ice?
by
Roland, the Gunslinger
on Tue 06 Jan 2009 04:24 AM EST
Despite the mountains of contrary evidence, concerns over disappearing sea ice and the unfounded position that the North Pole could melt entirely in 2008, pushed U.S. government bureaucrats to officially list the polar bear as an endangered species in May of 2008. And then guess what happened.... More>>> Monday, January 5
Freedom of Choice Act: Losing Hyde Amendment Could Drastically Increase Abortions
by
Roland, the Gunslinger
on Mon 05 Jan 2009 12:56 PM EST
The Hyde Amendment, originally enacted in 1976, is a pro-life limitation amendment in the annual appropriations bill that restricts the direct federal funding of abortion through Medicaid. Without the Hyde Amendment, women eligible for Medicaid would have their abortions paid for by the Federal Government – in other words, OUR tax dollars. If abortions are free to the individual, you can bet on abortion rates increasing. More>>>
Funny Business in Minnesota (In Which Every Dubious Ruling Seems to Benefit Al Franken)
by
Roland, the Gunslinger
on Mon 05 Jan 2009 11:00 AM EST
Strange things keep happening in Minnesota, where the disputed recount in the Senate race between Norm Coleman and Al Franken may be nearing a dubious outcome. Thanks to the machinations of Democratic Secretary of State Mark Ritchie and a meek state Canvassing Board, Mr. Franken may emerge as an illegitimate victor. Mr. Franken started the recount 215 votes behind Senator Coleman, but he now claims a 225-vote lead and suddenly the man who was insisting on "counting every vote" wants to shut the process down. He's getting help from Mr. Ritchie and his four fellow Canvassing Board members, who have delivered inconsistent rulings and are ignoring glaring problems with the tallies. More>>>
Prez-elect to establish 600,000 new Democrat voters...err...new government employees
by
Roland, the Gunslinger
on Mon 05 Jan 2009 09:13 AM EST
States want in on the looting of America, too, as governors push $1 trillion "stimulus package"
by
Roland, the Gunslinger
on Mon 05 Jan 2009 09:08 AM EST
As the nation braces for Democrats to take unbridled control of the federal government, some lessons about how big a mistake that really is are already coming to light. Just as no non-union manufacturer is asking for a government bailout, only Democrat run states are begging for federal funds to avoid the inevitable bankruptcy of the states they have run into the ground. More>>> Sunday, January 4
GOP Vows to Block Franken From U.S. Senate
by
Roland, the Gunslinger
on Sun 04 Jan 2009 03:21 AM EST
Republicans will filibuster any attempt to seat Minnesota Democrat Al Franken when Congress convenes next week, Texas GOP Sen. John Cornyn warned his Democratic colleagues Friday. It was the latest salvo in the war of words touched off this week when Senate Majority Leader Harry Reid, D-Nev., suggested Franken was drawing near to clinching a victory — despite the fact that as many as 2,000 votes are uncounted and numerous legal challenges loom. More>>> Wednesday, December 31
GOP Congressman Gives His Pay Raise to Charity
by
Roland, the Gunslinger
on Wed 31 Dec 2008 11:43 PM EST
U.S. Rep. Gresham Barrett says he is donating his new congressional raise to an Anderson charity...Barrett says lawmakers should not be earning more during these poor economic times. He says he voted against the automatic pay raise and all increases should have to be voted on individually. Barrett is beginning his fourth term in Congress. More>>>
The Warm Turns: The Earth has been warming ever since the end of the Little Ice Age. But guess what: Researchers say mankind is to blame for that, too
by
Roland, the Gunslinger
on Wed 31 Dec 2008 09:21 PM EST
When the sun is active, it's not uncommon to see sunspot numbers of 100 or more in a single month. Every 11 years, activity slows, and numbers briefly drop near zero. Normally sunspots return very quickly, as a new cycle begins. But this year, the start of a new cycle, the sun has been eerily quiet. The first seven months averaged a sunspot count of only three and in August there were no sunspots at all — zero — something that has not occurred since 1913. According to the publication Daily Tech, in the past 1,000 years, three previous such events — what are called the Dalton, Maunder and Sporer Minimums — have all led to rapid cooling. One was large enough to be called the Little Ice Age (1500-1750). More>>>
What First Amendment: Connecticut lawmaker Frank Nicastro sees saving the local newspaper as his duty
by
Roland, the Gunslinger
on Wed 31 Dec 2008 08:57 PM EST
Relying on government help (to financially support newspapers) raises ethical questions for the press, whose traditional role has been to operate free from government influence as it tries to hold politicians accountable to the people who elected them. Even some publishers desperate for help are wary of this route. Providing government support can muddy that mission, said Paul Janensch, a journalism professor at Quinnipiac University in Connecticut, and a former reporter and editor. "You can't expect a watchdog to bite the hand that feeds it," he said. More>>>
Obama's Energy Honcho Wants to Saddle Americans (You and Me) With Higher Gasoline Prices Through Greater Taxation...Because High Fuel Prices Were So Much Fun Earlier This Year...
by
Roland, the Gunslinger
on Wed 31 Dec 2008 03:03 PM EST
Despite growing scientific dissent to the anthropogenic global warming meme and, indeed, greater evidence to the contrary that AGW exists, Obama's Energy honcho wants to ramp those gasoline prices right back up to, ya know, force us American saps to buy more-efficient cars and to live in neighborhoods closer to work. Uh huh. So, those of us who farm and/or who live in rural areas are supposed to sell our homes and move into the cities or else...? Echoes of Obama's pre-election threat to "bankrupt" companies who build new coal power plants... WSJ's Neil King, Jr. and Stephen Power report (Hat tip: Pedro!) More>>> Tuesday, December 30
NY Post: Fat Cat Palace is a 'Cra$h' Pad
by
Roland, the Gunslinger
on Tue 30 Dec 2008 10:53 PM EST
Have a look at what we taxpaying suckers helped buy for one Wall Street pig. The New York Post reports that Peter Kraus - a former top executive at Merrill Lynch who received a $25 million golden parachute after only three months' work - has landed himself a $37 million Park Avenue pad. More>>> Saturday, December 27
Suzanna Gratia-Hupp Explains Real Purpose of Second Amendment
by
Roland, the Gunslinger
on Sat 27 Dec 2008 11:51 AM EST
This lady has a lot to say on the subject, but her final statement says it all. H/T old friend, Keith! Gratia-Hupp wiki Thursday, December 25
Defense Spending Would Be Great Stimulus
by
Roland, the Gunslinger
on Thu 25 Dec 2008 07:00 AM EST
The Department of Defense is preparing budget cuts in response to the decline in national income. The DOD budgeteers and their counterparts in the White House Office of Management and Budget apparently reason that a smaller GDP requires belt-tightening by everyone That logic is exactly backwards. More>>> Tuesday, December 23
Saving Capitalism No Sure Thing as Statism Undermines Economy
by
Roland, the Gunslinger
on Tue 23 Dec 2008 04:56 AM EST
The intervention comes at what may prove to be a steep price. Future investment may be allocated less efficiently as risk-averse politicians make business decisions. Whenever banks decide to lend again, they are likely to find new capital requirements that will curb how freely they can do it. Interest rates may be pushed up by government borrowing to finance trillions of dollars of bailouts.
“We’re seeing a more statist world economy,” says Ken Rogoff, former chief economist at the International Monetary Fund and now a professor at Harvard University in Cambridge, Massachusetts. “That’s not good for growth in the longer run. More>>>
Obama's Plan to Rejoin the World Community
by
Roland, the Gunslinger
on Tue 23 Dec 2008 04:23 AM EST
When Candidate Barack Obama declared himself a ''citizen of the world'' before thousands of cheering German socialists, and later pledged to ''rejoin the World Community,'' those weren't just his usual platitudes about ''change.'' (Snip) Obama plans to use his presidential power to get the Democratic-majority Senate to ratify a series of treaties that would take us a long way toward global rule over our money, our laws, our military, our courts More>>> Monday, December 22
One Plus One Equals 20 Extra Votes For Franken
by
Roland, the Gunslinger
on Mon 22 Dec 2008 06:54 PM EST
It's bad enough that the Republican Party can't prevent Democrats from voting in its primaries and saddling us with The New York Times' favorite Republican as our presidential nominee. If the Republican Party can't protect an election won by the incumbent U.S. senator in Minnesota, there is no point in donating to the Republican Party. The day after the November election, Republican Sen. Norm Coleman had won his re-election to the U.S. Senate, beating challenger Al Franken by 725 votes. Then one heavily Democratic town miraculously discovered 100 missing ballots. And, in another marvel, they were all for Al Franken! It was like a completely evil version of a Christmas miracle. More>>> Sunday, December 21
Mark Steyn: We're in the fast lane to Bailoutistan
by
Roland, the Gunslinger
on Sun 21 Dec 2008 08:02 PM EST
So many areas of endeavor that once embodied the youth and energy of this great land are now old and sclerotic. I include, naturally, my own industry. I loved the American newsrooms you saw in movies like "The Front Page," full of hard-boiled, hard-livin' newspapermen. By the time I got there myself, there were no hard-boiled newspapermen, just bland, anemic newspaperpersons turning out politically correct snooze sheets of torpid portentousness. The owner of The Los Angeles Times and Chicago Tribune recently filed for bankruptcy protection. The New York Times is mortgaging its office to fund debt repayment. The Detroit Free Press is cutting out home delivery except on Thursdays, Fridays and Sundays, thereby further depressing sales of delivery trucks in the Motor City. The newspapers blame the Internet, just as Detroit blames Japan. But the Japanese have problems of their own. One day they'll get theirs. That's the beauty of capitalism. Nothing is forever. More>>> Friday, December 19
Congress rewards its economy busting, nationalizing and socializing single digit approval performance with...another pay raise!
by
Roland, the Gunslinger
on Fri 19 Dec 2008 01:11 PM EST
From The Hill: A crumbling economy, more than 2 million constituents who have lost their jobs this year, and congressional demands of CEOs to work for free did not convince lawmakers to freeze their own pay. Instead, they will get a $4,700 pay increase, amounting to an additional $2.5 million that taxpayers will spend on congressional salaries, and watchdog groups are not happy about it. “As lawmakers make a big show of forcing auto executives to accept just $1 a year in salary, they are quietly raiding the vault for their own personal gain,” said Daniel O’Connell, chairman of The Senior Citizens League (TSCL), a non-partisan group. More>>>
AiM: Is Bernard Madoff Running the Federal Government?
by
Roland, the Gunslinger
on Fri 19 Dec 2008 03:13 AM EST
Business cable network CNBC is asking, in a special report, whether investment manager Bernard Madoff pulled off the “scam of the century.” But Madoff is only accused of a $50 billion heist. That’s peanuts compared to what the politicians have done to us. On Monday, December 15, in a story that went unnoticed, the Government Accountability Office (GAO) reported that the federal government has failed another financial audit. It was the 12th year in a row that the federal government has been unable to accurately report on its fiscal condition. Frankly, nobody knows precisely where the money is going. But we know where it’s coming from―the beleaguered taxpayers. More>>>
AIG now offering 'sharia-compliant' insurance products
by
Roland, the Gunslinger
on Fri 19 Dec 2008 03:04 AM EST
Takaful is similar to mutual insurance and cooperative risk sharing but there are key differences including a clear segregation of funds owned by participants and those owned by the insurance operations entity. Investments of funds are also restricted to avoid companies involved in entertainment, alcohol, pork and other elements prohibited by Islamic law. More>>>
The Theft of an Election Continues: Franken now trails by only 5 votes!
by
Roland, the Gunslinger
on Fri 19 Dec 2008 02:48 AM EST
The U.S. Senate is scheduled to meet on Jan. 6 to seat its members, but the court cases associated with the Minnesota recount are likely to extend well beyond that date. If Coleman wins by a narrow margin, sources say, the Democratic-controlled Senate may not accept the Minnesota results. More>>> Wednesday, December 17
What Posse Comitatus? Army 'Strategic Shock' Report Says Troops May Be Needed To Quell U.S. Civil Unrest
by
Roland, the Gunslinger
on Wed 17 Dec 2008 02:31 PM EST
Infowars.net: “The U.S. military expects to have 20,000 uniformed troops inside the United States by 2011 trained to help state and local officials respond to a nuclear terrorist attack or other domestic catastrophe, according to Pentagon officials,” reported the Washington Post last month. In a September 8 Army Times article, Northcom announced that the first wave of the troop deployment, which was put in place on October 1st at Fort Stewart and at Peterson Air Force Base in Colorado Springs, would be aimed at tackling “civil unrest and crowd control”. After a controversy arose surrounding the admissions made in the Army Times article, Northcom retracted the claim but conceded that both lethal and non-lethal weaponry traditionally used in crowd control and riot situations would still be used in the field. The increasing militarization of America is part of a long term agenda to abolish Constitutional rule and establish a "military form of government," following a large scale terror attack or similar disaster, as Tommy Franks, the former commander of the military’s Central Command, alluded to in a November 2003 Cigar Aficionado piece. Franks outlined the scenario by which martial law would be put in place, saying, “It means the potential of a weapon of mass destruction and a terrorist, massive, casualty-producing event somewhere in the Western world – it may be in the United States of America – that causes our population to question our own Constitution and to begin to militarize our country in order to avoid a repeat of another mass, casualty-producing event. Which in fact, then begins to unravel the fabric of our Constitution. Two steps, very, very important. In the short term, the domestic deployment of troops is likely aimed at combating likely civil unrest that will ensue after a complete economic collapse followed by a devastating period of hyperinflation. This warning was again echoed a few days ago in a leaked internal memo from Citibank. More>>>
Bernanke Goes All In
by
Roland, the Gunslinger
on Wed 17 Dec 2008 02:25 PM EST
Now the Fed is embarking on a further monetary adventure and asking the world to believe that this time it will work. We sincerely hope it does. And if a lack of liquidity is the problem in some credit instruments, the Fed's direct purchase of those assets should contribute to a credit thaw. It has already contributed to a decline in mortgage rates. However, the larger economic problem today isn't an overall lack of liquidity. It is fear and uncertainty. Banks, consumers and business are dug in their foxholes, conserving their cash until they believe the worst has passed. Meanwhile, investors around the world are deleveraging to reduce risk and cut their losses, a process that the Fed can do little about. More>>>
Counterfeiting Versus Monetary Policy
by
Roland, the Gunslinger
on Wed 17 Dec 2008 02:21 PM EST
Congress is on a spending binge. With all the calls for bailouts, economic stimulus and other assorted handouts, there is a real risk of inflation in our future. If we do have a rapid inflation, it's likely that Congress, as they did in the financial meltdown, will blame it on everybody except themselves. Before Congress begins to shirk their responsibility, let's understand what an inflation is and is not. More>>>
Postponing Reality
by
Roland, the Gunslinger
on Wed 17 Dec 2008 02:19 PM EST
For thousands of years, horses had been the way to go, whether in buggies or royal coaches, whether pulling trolleys in the cities or plows on the farms. People had bet their futures on something with a track record of reliable success going back many centuries. Were all these people to be left high and dry? What about all the other people who supplied the things used with horses-- oats, saddles, horse shoes and buggies? Wouldn't they all go falling like dominoes when horses were replaced by cars? More>>> Monday, December 15
A Second Mortgage Disaster On The Horizon?
by
Roland, the Gunslinger
on Mon 15 Dec 2008 08:52 PM EST
When it comes to bailouts of American business, Barney Frank and the Congress may be just getting started. Nearly two trillion tax dollars have been shoveled into the hole that Wall Street dug and people wonder where the bottom is. As correspondent Scott Pelley reports, it turns out the abyss is deeper than most people think because there is a second mortgage shock heading for the economy More>>>
Global Warming Nutters: "Cooling Trend Further Evidence How Fast Globe Is Warming"
by
Roland, the Gunslinger
on Mon 15 Dec 2008 02:33 PM EST
"The time for delay is over; the time for denial is over," he said on Tuesday after meeting with former Vice President Al Gore, who won a Nobel Peace Prize for his work on global warming. "We all believe what the scientists have been telling us for years now that this is a matter of urgency and national security and it has to be dealt with in a serious way." Experts say it's thanks to a La Nina weather variation. While skeptics are already using it as evidence of some kind of cooling trend, it actually illustrates how fast the world is warming More>>>
Who Really Runs Washington And Why Americans Lose on Every Issue
by
Roland, the Gunslinger
on Mon 15 Dec 2008 01:30 AM EST
After decades of leftist efforts to convert America’s representative republic into a pure democracy, where 51% can take away the rights of the other 49% for the greater common good, we find our nation on the verge of political and economic collapse. It was the dream of men like Vladimir Lenin and Karl Marx, not Thomas Jefferson or John Adams, that one day the proletariat would control the nation’s productivity in the United States, replacing evil capitalism with secular socialism and individual rights with a greater good of communal interests. In 2008, the left gained full control of all three branches of the federal government and America may never again live in freedom. This column takes a look at how it happened and why average red-blooded Americans are no match for the collective power of the proletariat movement. More>>> Sunday, December 14
As The 8.5 Trillion Dollar Looting of US Taxpayers Continues, Rep Paul Tells It Like It Is
by
Roland, the Gunslinger
on Sun 14 Dec 2008 12:40 AM EST
Saturday, December 13
NB: Critics Pan 'Day the Earth Stood Still' Remake With Global Warming Theme
by
Roland, the Gunslinger
on Sat 13 Dec 2008 10:09 PM EST
The reviews are in for the environmentally themed "The Day the Earth Stood Still" remake and the results are more devastating than any destruction that Gort could do to our planet. Over at Rotten Tomatoes, this remake received a lowly 24% on the Tomatometer. This lousy reception to "The Day the Earth Stood Still" remake was fairly predictable More>>> |
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