Tag Archives: Democrats

Are Obama’s bailouts just pay-offs to left-wing special interest groups?

We looked at whether Al Gore’s global warming alarmism was just a scam to increase his already considerable wealth by misleading people desperate to find meaning in life with a bunch of faith-based lies. This time, let’s take a look at Obama’s bailout activities and see whether the the bailouts are to stimulate the economy, or to reward people who voted for him.

For instance, California recently cut $74 million from its state budget by lowering the salaries of unionized workers. How did Obama respond? By threatening to withhold stimulus money unless the unions got the money back.

The radically leftist Los Angeles Times has the story. (H/T Hot Air)

Reporting from Sacramento — The Obama administration is threatening to rescind billions of dollars in federal stimulus money if Gov. Arnold Schwarzenegger and state lawmakers do not restore wage cuts to unionized home healthcare workers approved in February as part of the budget.

Schwarzenegger’s office was advised this week by federal health officials that the wage reduction, which will save California $74 million, violates provisions of the American Recovery and Reinvestment Act. Failure to revoke the scheduled wage cut before it takes effect July 1 could cost California $6.8 billion in stimulus money, according to state officials. …

The wages at issue involve workers who care for some 440,000 low-income disabled and elderly Californians. The workers, who collectively contribute millions of dollars in dues each month to the influential Service Employees International Union and the United Domestic Workers, will see the state’s contribution to their wages cut from a maximum of $12.10 per hour to a maximum of $10.10.

And we know from Michelle Malkin that Obama is pressuring private companies to shaft their shareholders in order to give his union buddies a better deal than they deserve.

Greed is good – until it gets in the way of a union-friendly restructuring deal. President Obama, generous recipient of Wall Street largesse, angrily derided a group of hedge fund managers this week as “speculators.” The miffed president suggested that uncooperative firms were selfish for holding out on the government’s Chrysler bankruptcy plans and refusing to make “sacrifices” to benefit the United Auto Workers.

The “sacrifices” involved Chrysler debt holders agreeing to sell the debt to the government at prices determined by union-beholden bureaucrats instead of bankruptcy courts. The hedge firms balked. Obama sneered that the dissenters were looking for “unjustified taxpayer-funded bailout.” But the holdouts never took banking bailout funds from Washington. And the targeted financial executives were simply doing what good money managers are supposed to do: put their clients’ fiduciary interests first.

Michelle Malkin also reports on how Obama wants another $19 billion for his peeps at Fanie Mae. Remember, democrats caused this recession by forcing banks via regulations to make loans to Democrat voters against all common sense. Obama gets happy leftist feelings of superiority by redistributing wealth from the producers to the victims. And he thinks that if you went to expensive private schools and Harvard thanks to a rich grandmother, then you would feel good about him redistributing your money, too.

The story from Yahoo News Michelle links to says:

Fannie Mae (FNM.P), the largest provider of U.S. home mortgage funding, said on Friday it needs more capital from the U.S. Treasury after a $23.2 billion loss in the first quarter, and warned government housing programs would cut deeper into its profitability.

The government-controlled company said its regulator requested $19 billion from the Treasury under a funding commitment that on Wednesday was doubled to $200 billion. The credit, in the form of senior preferred stock purchases, was established as soaring losses led the government to push the company into conservatorship in September.

As the nation’s housing market reels in its worst downturn since the 1930s, credit-related expenses accounted for the majority of Fannie Mae’s loss, at $20.9 billion. It also took a $5.7 billion loss on mortgage securities.

Provisions for credit losses soared 85 percent as the U.S. economy faltered, expanding delinquencies — which have wreaked havoc on the entire financial system — to consumers with better credit, it said.

Oh, and here is news of a prospective bailout of Obama’s buddies in the left wing media.

Inquisitr.com and Free Republic reported: (H/T Gateway Pundit)

At the annual White House Correspondents Dinner in Washington DC Saturday evening (May 9), President Barack Obama ended on a serious note, pledging his undying support for journalists and specifically newspapers.

President Obama spoke about media job losses and changes in the industry, then quoted Jefferson, “if he had the choice between Government with newspapers or newspapers without Government, he’d choose the latter.” The gushing was perhaps understandable at a press function, but it’s what he said next that foretold of a newspaper bailout.

Obama told the crowd “Your ultimate success is essential to success of our democracy” before shortly saying “Government without a tough and vibrant media is not an option for the United States of America.”

The notable thing in context is that Obama primarily in the speech talks about newspapers, with other media outlets being mentioned second (collectively), or when making a joke (for example, noting that Jefferson hadn’t seen Cable News.) It would appear from the speech clearly that Obama holds the mainstream media, and particularly newspapers above online media. It is clear that when he talked about “tough and vibrant media” that he is referring to mainstream media, and newspapers in particular.

He concludes with the line that the problems in the media industry are “problems worth solving,” which sounds an awful lot like the final word that there’s going to be a newspaper bailout.

And remember I blogged recently about Michele Bachmann’s effort to prevent taxpayer money from going to ACORN while they are facing criminal charges.

It’s like Bush and Haliburton. Only that Bush stuff never actually happened, but this Democrat stuff is actually happening. Everything the Democrats hated about Bush? Like opposing dissent and free speech? Bush never did any of it. Democrats are the ones who are authoring hate crime bills and criminalizing blogging. Yeah, fascism is a solely a phenomenon of the left. Always has been, always will be.

Democrats vote to protect pedophiles in H.R. 1913 hate crime bill

UPDATE: Welcome readers from But as For Me! Thanks for the link!

UPDATE: If you are looking for the story about bloggers facing jail terms for “harassing” public figures, see here.

The indomitable Pamela Geller at Atlas Shrugs has the full story on the hate crime here. (H/T Stop the ACLU)

She links to this video of Democrats voting for protection for pedophiles, and against protections for military veterans.

And then writes this summary about the left (Democrats), and their inevitable drive towards fascism:

Hate crime — hate is in the eye of the beholder, eh? And if you are a Democrat – you protect child rapists, but G-d forbid you protect the military.

Hate crime legislation will be used as a tool against the right. Period. A crime is a crime. WTF is the “hate” bias? Will those screaming for the death to Jews at those demonstrations in January be prosecuted under these laws?

Who are these people?  Good is evil and evil is good. Good luck with that super majority, America.

Yes, remember the speeches by Evan Sayet at the Heritage Foundation. Good is evil, and evil is good. That is the essence of the left.

I’m going to steal some comments from RedState that Pamela cites.

Over at Red State:

This is really kind of mind numbing and demonstrates what is wrong with Congress.

During a House Judiciary Committee meeting, Congressman Steve King (R-IA) offered up an amendment to the hate crimes bill to exclude pedophiles from being a protected category under the hate crimes legislation.

Every single Democrat voted it down.

In the same meeting, Congressman Tom Rooney (R-FL) offered an amendment to include veterans as a class protected under the hate crimes bill. Not only did the Democrats vote it down, but Cogresswoman Debbie Waasserman Schultz attacked the Republicans for even thinking veterans might need protection under hate crimes legislation. After all, who but Democrats in Congress hate veterans?

Pamela cites Congress Louis Gohmert to explain what does this hate crime bill does.

If a mother hears that their child has been raped and she slaps the assailant with her purse, she is now gone after as a hate criminal because this is a protected class. There are other protected classes in here. I mean simple exhibitionism. I have female friends who have told me over the years that some guy flashed them, and their immediate reaction was to hit them with their purse. Well now, he’s committed a misdemeanor, she has committed a federal hate crime because the exhibitionism is protected under sexual orientation.

The Democrat bill says that Americans can’t make moral judgments on others, because that makes those poor victims feel bad. If moral people make moral judgments against these victims, it’s a federal crime. Democrats are the party of moral relativism and moral equivalence. And Christians voted for Democrats in record numbers because we were too lazy to inform ourselves about them before the election.

And one more quote from Pamela’s post:

Similar state laws have resulted in persecution for Christians. In Philadelphia several years ago, a 73-year-old grandmother was jailed for trying to share Christian tracts with people at a homosexual festival.

Rep. Virginia Foxx, R-N.C., said H.R. 1913 will create “thought crimes,” and U.S. Rep. Trent Franks, R-Ariz., said it will end equality in the U.S.

Gohmert warned the law will be used against pastors – or anyone else – who speaks against homosexuality or other alternative sexual lifestyle choices. He said it provides that anyone who through speech “induces” commission of a violent hate crime “will be tried as a principal” alongside the active offender.

Critics say that would allow for prosecutions against pastors who preach a biblical ban on homosexuality if someone who hears such a message later is accused of any crime.

Andrea Lafferty, executive director of the Traditional Values Coalition, said, “A pastor’s sermon could be considered ‘hate speech’ under this legislation if heard by an individual who then acts aggressively against persons based on ‘sexual orientation.’ The pastor could be prosecuted for ‘conspiracy to commit a hate crime'” she said.

On the other side of the religious liberty aisle, there’s Republican Senator James Inhofe’s recognition of the National Day of Prayer, which Obama refused to recognize publicly.

The New Testament’s Book of James states, “The prayer of a righteous man is powerful and effective.” I wholeheartedly agree and personally rely on prayer in every aspect of my life. Today, we honor the “National Day of Prayer,” a day that has been officially recognized since 1952 by the President of the United States, who issues an annual proclamation in its honor.

“Across the country, people from different walks of faith and different walks of life gather together to pray for our nation.  In 2008, over two million people attended 40,000 locally organized events nationwide, and the governors from all 50 states signed similar proclamations.

“The National Day of Prayer is a traditional and fundamental part of our history. In 1775, while forming a nation, the Continental Congress invited the colonies to pray for wisdom. This first call to prayer has since become a tradition and has not ceased from reoccurring in the years that followed. In 1789, President George Washington issued the first presidential proclamation for prayer as he stated, “It is the duty of all nations to acknowledge the Providence of Almighty God, to obey His will, to be grateful for His benefits, and to humbly implore His protection and favor…” And in 1863, President Lincoln proclaimed a day of “humiliation, fasting, and prayer.”

“Prayer is as important today as it was when our Founding Fathers first formed our nation. Today, may God continue to bless you all in a special way.

Michele Malkin talks about Obama’s refusal to hold a public prayer event, which Bush did for all 8 of his years, in this Fox News video clip. He talked so much about the importance of prayer during his campaigns, but I guess the mask is off now.

I know fundamentalist Christians who voted for Barack Obama based on his skin color, (which is the same color as my skin, by the way). Unbelievable! Their votes undermined the free expression of Christian beliefs in the public square. Newsflash! Barack Obama shows no evidence of being a Christian in his policies. On the contrary, his policies are deeply anti-Christian, anti-capitalism and anti-liberty. His skin color should have been irrelevant to the decision of who to vote for, for Christians.

UPDATE: The Maritime Sentry has a relevant video with Steve King and Sean Hannity.

The Family Research Center evaluates Barack Obama’s first 100 days

Has Obama been a good President for Christians? Should Christians have voted for him? How well has he done at fulfilling his campaign promises to pro-life and pro-marriage social conservatives?

Watch this 7-minute video and see for yourself how prudent it was for Christians to put their faith in Obama’s promises. (H/T Gateway Pundit)

The Cloak Room lists the decisions of interest to Christians and social conservatives from the first 100 days of Obama’s regime.

I think we should judge presidential candidates on their record, not on their speeches or their appearance. How did Obama vote before his campaign started? Did the Christians who voted for Obama take the time to find out?

This video follows the story of the Democrats’ Hate Crime bill, which allows the government to imprison bloggers and Christians, (much like Iran’s theocratic government). My original post on Obama’s attempts to intimidate Chrysler’s creditors, thereby undermining the Constitution and the rule of law, is here. And it has now been corroborated over at Hot Air, here.

Regarding the intimidation of Chrysler’s creditors, Hot Air has a follow-up story from the Business Insider:

Creditors to Chrysler describe negotiations with the company and the Obama administration as “a farce,” saying the administration was bent on forcing their hands using hardball tactics and threats.

Conversations with administration officials left them expecting that they would be politically targeted, two participants in the negotiations said. …

The sources, who represent creditors to Chrysler, say were taken aback by the hardball tactics that the Obama administration employed to cajole them into acquiescing to plans to restructure Chrysler. One person said described the administration as the most shocking “end justifies the means” group they have ever encountered.  Another characterized Obama was “the most dangerous smooth talker on the planet- and I knew Kissinger.” Both were voters for Obama in the last election.

One participant in negotiations said that the administration’s tactic was to present what one described as a  “madman theory of the presidency” in which the President is someone to be feared because he was willing to do anything to get his way. The person said this threat was taken very seriously by his firm.

Hot Air comments:

Well, that’s certainly reassuring.  The man at the helm during one of the biggest economic crises in decades is a madman who will act in an unpredictable and irrational manner if he doesn’t get his way.  It sounds like they paint Obama as either a lunatic or a petulant child.

The “madman theory” of the Presidency? Is that what uninformed Christians who voted for Obama expected?

UPDATE: Ace has more here and here. (H/T Commenter ECM) And Hot Air (Ed Morrissey) has more here.

Bill H.R. 1966 would make blogging a crime, punishable by up to two years in prison

UPDATE: Welcome readers from Small Dead Animals! Thanks for the link, Kate! Canadian readers, this post that I wrote is an index to most of my recent posts on your free speech troubles with the Human Rights Commissions. I hope and pray that you guys can get your civil liberties restored, and be the True North Strong and Free, again!

UPDATE: If you are looking for the story on the hate crime bill that adds pedophiles to the list of “protected” groups, see here.

Wow, check out this story from OpenMarket blog.

Excerpt:

Under a recently-introduced bill, H.R. 1966, bloggers would face up to two years in prison if they “harass” public figures by criticizing them in a “severe, repeated, and hostile” manner, and thereby cause them “substantial emotional distress.”

I guess fascism is coming along faster than I thought.

U.C.L.A. Law Professor Eugene Volokh, the author of a First Amendment treatise, has concluded that the bill is unconstitutional. I agree, as I explain here. As a federal appeals court noted in DeJohn v. Temple University (2008), “there is no harassment exception to the First Amendment’s free speech clause.” Speech that causes emotional distress can be protected,as the Supreme Court made clear in barring a lawsuit by Jerry Falwell over an offensive parody.

Wow, it’s like the left is doing everything they accused Bush of doing, which he never did. The fascist policies they imagined were all projections onto Bush of what they intended to do themselves! Now I get it. It wasn’t conservatives who were in favor of government control of private lives, it was the progressive left.

The bill is a telling example of how the American Left has turned against free speech and civil liberties. The bill’s sponsor, Linda Sanchez (D-CA), and nearly all of her 14 co-sponsors are liberals. All of them backed the federal hate-crimes bill passed by the House yesterday, which is designed to allow people who have been found innocent in state court to be reprosecuted in federal court. (That bill has been criticized by four members of the U.S. Civil Rights Commission, including law professor Gail Heriot, and by civil libertarian Wendy Kaminer. Advocates of the federal hate-crimes bill once cited the defendants in the Duke Lacrosse case, who were innocent, as an example of people who should be prosecuted in federal court).

And don’t forget about the hate crimes bill: I wrote previously about the two ways in which that bill is unconstitutional.

Why taxing the rich to grow government fails

UPDATE: Welcome visitors from 4Simpsons! Thanks for the link!

I spotted this article from Chris Edwards of the Cato Institute. (H/T Club for Growth)

In the article Edwards explains why taxing the rich is bad for economic growth. The article is a response to a leftist polemic in The Economist.

The first thing to note is that tax increases decrease the growth of the efficient, market-oriented private sector:

President Obama wants to go in the other direction, raising the top two income tax rates, which would reduce production and increase avoidance by highly skilled people. Such economic damage from higher taxes is called deadweight loss. In the 2006 paper, Mr Feldstein argued that deadweight losses from a federal income tax rate increase would be $1.76 for every dollar of tax increase. That means that every new $1 billion spending programme in President Obama’s budget will destroy about $1.76 billion of activities in the private sector.

Yes, this is why we are losing jobs today, because Obama is transferring wealth from private companies, who answer to customers and shareholders, to public bureaucracies, who are insulated from market competition.

He continues by explaining that the rich already pay most of the taxes:

…43% of American households do not pay any federal income tax, according to data from the Joint Committee on Taxation. That large group is doing little to support the huge burden of the welfare state, so it is laughable that they might be angry at the wealthy who do bear the burden. The CBO data show that the top one-fifth of households pay 69% of the entire costs of the federal government. Frankly, the rest of Americans are free-riders on the top quintile’s enormous financial support of government.

And he explains why the public sector is less efficient than the private sector:

There are fundamental reasons why big governments do not work very well. As taxes rise, resources are shifted from more efficient private activities to less efficient government activities. The private sector is not more efficient than government because it does not make mistakes, but because it has mechanisms to purge mistakes and move resources to higher-valued uses. Government policymakers do the opposite: they retain failed programmes year after year, and resources get stuck in low-value uses.

Even if politicians did focus on moving resources to higher-value uses, they would be unable to because government activities do not generate the price and profit signals needed to allocate capital and labour efficiently. A final problem is that government programmes are often horribly managed.

For an example of why governments don’t manage money efficiently, consider this USA Today story. (H/T Representative Mike Pence)

Excerpt:

The federal government will soon send more than $300 million in stimulus funds to 61 housing agencies that have been repeatedly faulted by auditors for mishandling government aid, a USA TODAY review has found.

The money is part of a $4 billion effort to create jobs by fixing public housing projects that have fallen into disrepair. Recipients include housing authorities in 26 states that auditors have cited for problems ranging from poor bookkeeping to money that was spent improperly, according to the review of summaries the agencies must file with the federal Office of Management and Budget (OMB).

Where did that money come from? It comes from the private sector. It comes from you.