Preliminary conclusion: Keith Gladney’s firing appears to be an example of how Democrats, in the words President Barack Obama’s deputy chief of staff Jim Messina used on the day of the Kenneth Gladney beating, “punch back twice as hard” against those who oppose their socialist ways.Records Show Keith Gladney Firing Unusual Event
Stay tuned for more details on the firing of Keith Gladney.
U.S. Chamber of Commerce President Tom Donohue warned the U.S. faces a double-dip recession because of the taxes and regulations under consideration by the Democratic Congress and President Barack Obama.Read more
“Congress, the administration and states must recognize that our weak economy simply could not sustain all the new taxes, regulations and mandates now under consideration. It’s a sure-fire recipe for a double-dip recession, or worse,” Donohue said in a speech providing the Chamber's outlook for 2010.
Donohue said the lawmakers should not let former President George W. Bush's tax cuts expire at the end of year and lambasted Democratic efforts on healthcare and financial regulatory reform as well as climate change.
If the tax cuts are allowed to expire, “we will likely end up with even bigger deficits and greater economic misery,” Donohue said...
The United States joined 152 other countries in support of the Arms Trade Treaty Resolution, which establishes the dates for the 2012 UN conference intended to attack American sovereignty by stripping Americans of the right to keep and bear arms...Sign Petition Opposing UN "Small Arms Treat!"
The real secret history of America, the one that Oliver Stone would never film and Howard Zinn would never write about, is that the American left would never have had a fraction of the success that they did in the 20th century without corporate backing...And that indeed is the paradox of the left, that its attacks on the free market are so appealing precisely to those who don't work for a living, both on the corporate and the intellectual side.From Sultan Knish: The Secret History of the Left ...and don't miss his excellent piece on Obama and the Democrats: The Great Dictator
Sometimes, if a government is truly rotten – East Germany in 1989 or France in 1789 – it is a good thing if a fiscal crisis leads to political collapse. But for most normal countries, it is much better to get close to the edge of national bankruptcy than actually to go over the Niagara Falls of sovereign default. As Britain discovered in the 1970s and India found in 1991, looking over the edge can create the atmosphere of crisis that allows governments to win the arguments for economic reform. An actual sovereign default, however, can destroy confidence and trust among citizens and investors for years.Bankruptcy could be good for America
Perhaps the most memorable thing said so far by an official in Barack Obama’s administration was the remark by Rahm Emanuel, the White House chief of staff, that “you never want a serious crisis to go to waste”. Mr Emanuel was widely condemned for flippancy and cynicism. But an examination of world history over the last 30 years suggests he was definitely on to something. Those much discussed emerging powers, the Brics (Brazil, Russia, India and China) all needed a fiscal crisis to set them on the road to economic reform and national resurgence. America may one day be lucky enough to experience its very own national fiscal crisis. Let us hope it is not wasted.
What the US could do is a selective default that would pay off small bondholders - anyone who holds, say $10 million or less in treasuries. Everyone else - the Goldmans and giant banks playing the ripoff game of borrowing fed funds at almost zero interest and buying treasuries paying 3% while refusing to loan money commercially, the sovereign bondholders, most especially the Chicoms - they get squat.HALF-FULL REPORT 01/01/10
Even the whisper of this will give apoplexy to guys running the big financial institutions: "No one will loan the US any money! It will be catastrophic!"
But that's what we want.
The goal of Default is to make the US government incapable of borrowing money for a decade or two, forcing it to live within its means. Default is really the only way to radically prune the federal bramble bush back to a constitutional level.
In a case with implications for the entire country, California's Proposition 8 defining marriage as between one man and one woman goes on trial Monday with only private citizens speaking up for the voter-passed constitutional amendment – because state officials have refused to defend it.Read more
Much is riding on the case of Perry vs. Schwarzenegger, for the lawsuit is petitioning a federal court to overturn not just a law, but a constitutional amendment passed by the people and affirmed by the state's Supreme Court. A victory for same-sex marriage advocates in the case could set a precedent for federal courts to overturn every law and amendment in the country currently protecting the traditional definition of marriage.
This President and his agenda have failed us. He is clearly out of touch with the people he thinks he is saving from themselves. Rather than focusing on a piece of legislation very few of us want, Barack Obama should be focusing on creating jobs. He can do that in a few very simple ways, not the least of which is to get Government OUT of our way rather than right square in our faces at every turn on the road to economic recovery.Read the whole thing
Keep America Safe: "100 Hours" from Keep America Safe on Vimeo.
Alias Barack Obama: a lie is born: The greatest identity fraud in history Paperback – July 10, 2012
