Tag Archives: Corruption

News

Obama wants at least 50 billion more for another bailout

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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.

News

Why should you vote for the Republicans in November?

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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.

News

Democrat Congresswoman awards scholarships to her own relatives

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Story from the Dallas News.

Excerpt:

Longtime Dallas congresswoman Eddie Bernice Johnson has awarded thousands of dollars in college scholarships to four relatives and a top aide’s two children since 2005, using foundation funds set aside for black lawmakers’ causes.

The recipients were ineligible under anti-nepotism rules of the Congressional Black Caucus Foundation, which provided the money. And all of the awards violated a foundation requirement that scholarship winners live or study in a caucus member’s district.

Johnson, a Democrat, denied any favoritism when asked about the scholarships last week. Two days later, she acknowledged in a statement released by her office that she had violated the rules but said she had done so “unknowingly” and would work with the foundation to “rectify the financial situation.”

Initially, she said, “I recognized the names when I saw them. And I knew that they had a need just like any other kid that would apply for one.” Had there been more “very worthy applicants in my district,” she added, “then I probably wouldn’t have given it” to the relatives.

The Democrat party thinks that it is OK to take the lives of innocent babies so they don’t have to put moral brakes on their irresponsible pursuit of sexual pleasure outside of marriage. Is it any wonder then that they would break lesser moral rules? When you throw God out from your reasoning, as the Democrats have done, anything is permissible – so long as you pursue your own interests and don’t get caught. Her only regret is that she was caught. They justify it by claiming to be “victims”.

UPDATE:

She’s up to 23 scholarships now.