Tag Archives: Barack Obama

News

Obama wants at least 50 billion more for another bailout

9 Comments

Great article by Hans Bader in the Examiner.

Excerpt:

President Obama now wants Congress to spend $50 billion to keep state governments from laying off their employees.  In essence, this is a bailout for the state-government-employee unions that bankroll liberal politicians.  Earlier, Obama’s allies in Congress proposed spending billions to bail out mismanaged and underfunded union pension funds.

The state governments will never have to pay back any of this bailout money, which rewards them for irresponsibly increasing their employees’ pay much faster than inflation, to levels much higher than in the private sector.

By contrast, the private banks that were bailed out have repaid most of the money they received, while their shareholders lost most of their money–92.6 percent at Citibank.

While millions of private sector employees have been laid off in the current recession, few government employees have been.

[…]Obama has not hidden his bias towards these powerful unions.  As he noted in a 2006 book, “I owe those unions. . .When their leaders call, I do my best to call them back right away.  I don’t mind feeling obligated.”

How wisely is government money spent, anyway?

$700,000 for research on jokes. (H/T The Blog Prof)

It reminds me of this Monty Python sketch:

This is why the unemployment rate has gone UP with all of this stimulus spending. Government isn’t as efficient at creating jobs as private businesses… government wastes money because it’s not their money. They have nothing to gain by being efficient,  but private businesses have to be efficient.

Bader’s article is worth reading in full because it explains in detail how the Democrats caused the mortgage crisis.

Commentary

Comparing the eco-terrorist to Obama’s science czar

1 Comment

Consider this Investors Business Daily editorial.

Excerpt:

In a rambling manifesto, Lee echoes the writings of President Obama’s science adviser, John Holdren, railing against “disgusting human babies” and “parasitic infants” and insisting people should “disassemble civilization.” His manifesto demanded that the Discovery Channel cease all programming about war, weapons or giving birth.

Court records show that Lee had been arrested on Feb. 21, 2008, on the sixth day of a protest at the Discovery building. Lee said at the time that he experienced an “awakening” when he watched former Vice President Al Gore’s environmental documentary ”An Inconvenient Truth.” Lee has said he was also inspired by “Ishmael,” a novel by environmentalist Daniel Quinn. “Nothing is more important than saving … the Lions, Tigers, Giraffes, Elephants, Froggies, Turtles, Apes, Raccoons, Beetles, Ants, Sharks, Bears and, of course, the Squirrels. The humans? The planet does not need humans,” he wrote.

As scary as this sounds, it is scarier to consider that this sentiment can be found in various forms in the bibliography of what is considered mainstream environmentalism.

In a recently rediscovered book, “Ecoscience: Population, Resources, Environment,” co-authored with Malthus fans Paul and Anne Ehrlich, Holdren, who holds the post of presidential assistant for science technology, revealed his similar pessimistic and apocalyptic views on all three topics. They are disturbing.

Like Lee, Holdren hates people and views them as the root of all planetary evil. Big families are a target of Holdren and the Ehrlichs, who write that they “contribute to general social deterioration by overproducing children” and “can be required by law to exercise reproductive responsibility.”

More on John Holdren here.

UPDATE: Wes Widner linked to this note from Evolution News. The mainstream media is not mentioning the Darwinian elements to the eco-terrorist’s worldview.

News

Why should you vote for the Republicans in November?

Leave a comment

Because it will be mean and vengeful, according to this Politico article.

Excerpt:

Republicans are planning a wave of committee investigations targeting the White House and Democratic allies if they win back the majority.

Everything from the microscopic — the New Black Panther party — to the massive –- think bailouts — is on the GOP to-do list, according to a half-dozen Republican aides interviewed by POLITICO.

Republican staffers say there won’t be any self-destructive witch hunts, but they clearly are relishing the prospect of extracting information from an administration that touts transparency.

And a handful of aggressive would-be committee chairmen — led by Reps. Darrell Issa (R-Calif.) and Lamar Smith (R-Texas) — are quietly gearing up for a possible season of subpoenas not seen since the Clinton wars of the late 1990s.

And then the article lists six possible investigations:

  • Jobgate: Issa has made no secret of his interest in getting to the bottom of muddled, mishandled White House attempts to force Democratic Senate candidates Joe Sestak and Andrew Romanoff from races in Pennsylvania and Colorado.
  • Bailoutgate: No investigation poses a more significant political danger to Obama than a no-holds-barred GOP probe into TARP, the AIG bailout, the Freddie-Fannie sinkhole and the administration’s de facto takeover of GM and Chrysler.
  • Mortgagegate: Sen. Chris Dodd’s embarrassing placement on the company’s VIP mortgage list played a major role in the Connecticut Democrat’s involuntary retirement earlier this year.
  • Black-Panthergate: Smith, the ranking member of the Judiciary Committee, has already pressed Holder to look into charges that members of the New Black Panther Party intimidated voters at a Philadelphia polling place in 2008.
  • ACORNgate: A whole host of Republicans — led by Reps. Michele Bachmann (R-Minn.) and Steve King (R-Iowa) on the party’s right wing — have demanded an investigation into the defunct community organizing group’s ties to the Obama campaign.
  • Gulf-Spillgate: Interior Secretary Ken Salazar has admitted MMS officials were asleep at the switch in monitoring BP’s Deepwater Horizon platform before it blew up. But Issa is bent on finding out which Obama administration officials were responsible for missing the warning signs and why clean-up and response efforts didn’t take place more quickly.

(Steeples fingers) Mwahahahahahaaaa! I mean – that’s interesting.