Monday, May 31, 2010

Emigration Up, Birth Rate Down: Graying Germany Contemplates Demographic Time Bomb - SPIEGEL ONLINE - News - International

Perhaps if they had read Mark Steyn’s book “America Alone” when it was published a few years back.  Europe is lost, the writing has been on the wall for over a decade.

Emigration Up, Birth Rate Down: Graying Germany Contemplates Demographic Time Bomb - SPIEGEL ONLINE - News – International

German pensioners: The country's population is aging.

Germany is already facing a demographic nightmare as birth German pensioners: The country's population is aging.rates fall despite a slew of family-friendly policies. Now, new statistics show that more people are leaving the country than immigrating -- adding to concerns about the country's shrinking population.

Germans fretting about the country's looming demographic problems are unlikely to have been cheered by recent news on birth rates and emigration. With its graying population, the country's cradle-to-grave welfare system could become unaffordable due to a dearth of working-age people to keep the system going. And the country seems to be failing to either attract enough immigrants or produce babies fast enough to dispel fears of future demographic disaster.

Sunday, May 30, 2010

Possible Chemical Weapons attack in Afghanistan??

This would be a significant change in tactics on the part of the Taliban and Al-Qaeda.  Praying there is some other explanation.

Breaking: Taliban Using Chemical Weapons Against US Troops? 4-5 Troops Reportedly Fall Ill

Posted by Jim Hoft on Saturday, May 29, 2010, 6:48 PM

Five US troops serving in Afghanistan recently fell ill after a suspected chemical weapons attack. Four or five members fell ill after the attack. One soldier is very sick. They are having trouble breathing.
I am waiting for more information. I should have an update by morning.

Forged by Adversity: Remembering MA2 Michael Monsoor - U.S. News - Catholic Online

I fear that we, as a nation, forget these men.  Our enemies kill themselves to kill others.  Our soldiers sacrifice themselves to save others.  It is the true difference between an evil man and a good man.

 

Forged by Adversity: Remembering MA2 Michael Monsoor - U.S. News - Catholic Online

 

By Mrs. Judy McCloskey

5/31/2010

Catholics in the Military (www.catholicmil.org/)

Petty Officer Second Class Mosoor is just one of the many brave men and women - and families - we remember on Memorial Day. 'By his undaunted courage, fighting spirit, and unwavering devotion to duty in the face of certain death, Petty Officer Monsoor gallantly gave his life for his country.'

Obama’s Oil Spill Dilemma | RedState

A great piece from an operations manager point of view.  Well worth the read!

 

Obama’s Oil Spill Dilemma

Posted by Vladimir (Profile)

Saturday, May 29th at 3:33PM EDT

27 Comments

For the last fifteen years, I’ve been the operations manager for a small Gulf of Mexico oil and gas company. I’ve had more than a few sleepless nights in that time, whether it be worrying about a problem well, a reported accident or an impending hurricane. Since Barack Obama has assumed full accountability for the outcome of the ongoing oil spill in the Gulf of Mexico, I offer this advice as one who understands the nature, if not the scope, of the challenge facing him.

With all due respect, sir, rookies make rookie mistakes.

Saturday, May 29, 2010

American Thinker Blog: Obama's new national security strategy a recipe for disaster

I wonder if President Obama has ever sat in the quiet of a room and pondered just what nation he would like to take our place as world leader?  Would it be China?  Or Russia?  Or India?  How about Iran or Saudi Arabia?  His lack of depth and his inability to reason out reactions to his actions will lead the world down some dark and dangerous paths. 

 

American Thinker Blog: Obama's new national security strategy a recipe for disaster

Jerry Philipson

President Obama's recently unveiled National Security Strategy is a recipe for disaster, not only for the United States but for the free world as well. It diminishes rather than enhances our security and is an abdication of America's role as leader and protector of free nations and champion of western civilization.

Friday, May 28, 2010

EDITORIAL: The U.N. gun grabber - Washington Times

Perhaps the UN could start by expelling Iran, Libya, Cuba, China – they would have more credibility.

 

EDITORIAL: The U.N. gun grabber - Washington Times

By THE WASHINGTON TIMES

6:51 p.m., Thursday, May 27, 2010

American gun owners might not feel besieged, but they should. This week, the Obama administration announced its support for the United Nations Small Arms Treaty. This international agreement poses real risks for freedom both in the United States and around the world by making it more difficult - if not outright illegal - for law-abiding citizens to keep and bear arms.

RIGZONE - Analysis: Could U.S. Lose 200 Rigs by the End of Summer?

Hope and Change.  Surely a 15% reduction in drilling rigs won’t have any effect on our economy, right??  Making the oil companies the bad guys will do nothing for a US recovery.  Perhaps more attention should be paid to why BP felt forced to recover oil 23,000 feet below the surface.

 

RIGZONE - Analysis: Could U.S. Lose 200 Rigs by the End of Summer?

Rigzone Staff

|

Friday, May 28, 2010

The Philadelphia Oil Service Sector index, commonly known by its ticker OSX, is based on the stock market movements of 15 oil service company components. The current members of the OSX are Baker Hughes, Cameron, Global Industries, Halliburton, Lufkin Industries, Nabors, Noble Corporation, National Oilwell Varco, Oceaneering, Rowan Companies, Transocean, Smith International, Schlumberger, Tidewater, and Weatherford. By overlaying the OSX with the Baker Hughes US Rig Count; one can make the argument that some correlation between the two may exist.

Peggy Noonan: He Was Supposed to Be Competent - WSJ.com

Who, in their right mind, looked at Obama as a candidate, looked at his private and public experience, truly listened to his speeches and – by any stretch of imagination – saw a competent man??  This nation knew, in their heart of hearts, that he was a joke.  They voted for “hope and change” only to discover that age old truth – there is no hope.  The man can either do the job or not.

 

Peggy Noonan: He Was Supposed to Be Competent - WSJ.com

The spill is a disaster for the president and his political philosophy.

I don't see how the president's position and popularity can survive the oil spill. This is his third political disaster in his first 18 months in office. And they were all, as they say, unforced errors, meaning they were shaped by the president's political judgment and instincts.

There was the tearing and unnecessary war over his health-care proposal and its cost. There was his day-to-day indifference to the views and hopes of the majority of voters regarding illegal immigration. And now the past almost 40 days of dodging and dithering in the face of an environmental calamity. I don't see how you politically survive this.

NJ Teacher who complained to Gov. Chris Christie she deserved $83k actually makes $86k | Washington Examiner

Damn th Internet!!!  Damn those people who look for facts rather that bullshit!  Damn them, damn them all the the NJ teachers union!!!

 

NJ Teacher who complained to Gov. Chris Christie she deserved $83k actually makes $86k | Washington Examiner

By: Mark Hemingway
Commentary Staff Writer
05/26/10 3:48 PM EDT

Yesterday, New Jersey Governor Chris Christie had a little dust-up with teacher Rita Wilson. Upset over Christie’s education budget, Wilson complained that she wasn’t paid enough and got sharp rebuke from the governor:

But borough teacher Rita Wilson, a Kearny resident, argued that if she were paid $3 an hour for the 30 children in her class, she’d be earning $83,000, and she makes nothing near that.

Link with video available here.

Thursday, May 27, 2010

Census workers can enter your apartment in your absence | The Barr Code

I’m from the government, open the damn door!

Census workers can enter your apartment in your absence | The Barr Code

 

6:00 am May 26, 2010, by Bob Barr

Thousands of census workers, including many temporary employees, are fanning out across America to gather information on the citizenry.  This is a process that takes place not only every decade in order to complete the constitutionally-mandated census; but also as part of the continuing “American Community Survey” conducted by the Census Bureau on a regular basis year in and year out.

What many Americans don’t realize, is that census workers — from the head of the Bureau and the Secretary of Commerce (its parent agency) down to the lowliest and newest Census employee — are empowered under federal law to actually demand access to any apartment or any other type of home or room that is rented out, in order to count persons in the abode and for “the collection of statistics.”  If the landlord of such apartment or other  leased premises refuses to grant the government worker access to your living quarters, whether you are present or not, the landlord can be fined $500.00.

About ImmigrationsHumanCost

There is a human cost to illegals coming into this country. 

 

About ImmigrationsHumanCost

ImmigrationsHumanCost is dedicated to putting a human face on the havoc that open borders has brought. The press is full of stories about the struggling immigrant (often here illegally) who has come "in search of a better life." The media fail to note that this same foreigner will achieve his better life at the cost of some American who makes less money in a flooded labor market or will directly lose his job to an immigrant willing to work for peanuts. Where is the sympathetic article about an unemployed American roofer who has been displaced by a Mexican doing the job for $8 an hour?

When unions turn to thuggary.

This story has been out there for over a week.  I have yet to see it mentioned in the MSM.  Fourteen busses, filled with 500 SEIU thugs park in a residential area, trample all over a BoA employee’s yard and terrify his 14 year old son who is home alone.  Oh, and they were escorted by DC police and watched by local Maryland police. (can we say union cooperation??)  Is this the America Obama is leading us to?? 

A thug too far, part 5

Flynn concludes with an explanation of the inherent interest of this story: "it is the small story that illuminates the overall narrative. Let's dispense with all the semantics and timelines and legalese. Last week, 500 union thugs descended on a private home and terrorized a teenage boy. They violated someone's most personal space, their home. And they attacked their most precious gift, their child. The police in two jurisdictions knew about this. They did nothing."

Dan Danner: ObamaCare vs. Small Business - WSJ.com

I would like to think the Big O was just ignorant.  Sadly, it is becoming clear he is simply anti-business, both large and small. 

 

Dan Danner: ObamaCare vs. Small Business - WSJ.com

Why the National Federation of Independent Business supports the constitutional challenge to the health-insurance mandate.

By DAN DANNER

For decades small business owners have been telling anyone who would listen that they need health-care reforms that lower costs. But President Obama and his allies in Congress pushed through a law that will dramatically raise health-care costs and increase the overall cost of doing business. What's more, the federal mandate requiring that nearly all U.S. residents carry health insurance by 2014 seriously threatens our basic constitutional rights and individual freedoms.

Tuesday, May 25, 2010

Analysis: Detroit, The Triumph of Progressive Public Policy [Mackinac Center]

I just love the term “progressive”.  Heart wrenching poverty, that’s progress alright.  So how did Detroit make that journey??  Not a surprise really.

 

Analysis: Detroit, The Triumph of Progressive Public Policy [Mackinac Center]

By Jarrett Skorup | May 25, 2010

(Editor's note: This article originally appeared at www.mackinac.org on July 6, 2009.)

Imagine a city where all the major economic planks of the statist or "progressive" platform have been enacted:

  • A "living wage" ordinance, far above the federal minimum wage, for all public employees and private contractors.
  • A school system that spends significantly more per pupil than the national average.
  • A powerful school employee union that militantly defends the exceptional pay, benefits and job security it has won for its members.
  • A powerful government employee union that does the same for its members.
  • A tax system that aggressively redistributes income from businesses and the wealthy to the poor and to government bureaucracies.

Would this be a shining city on a hill, exciting the admiration of all? We don't have to guess, because there is such a city right here in our state: Detroit

Private pay shrinks to historic lows as gov't payouts rise - USATODAY.com

Do you think anyone in Washington truly knows where the government’s spending money comes from??

 

Private pay shrinks to historic lows as gov't payouts rise - USATODAY.com

By Mark Wilson, Getty Images

PAY SCALE

By Dennis Cauchon, USA TODAY

Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds. At the same time, government-provided benefits — from Social Security, unemployment insurance, food stamps and other programs — rose to a record high during the first three months of 2010.

Pajamas Media » He Didn’t Just Lie About Arizona: Calderon Fibbed About Assault Weapons, Too

This has been an old tale for some time.  The mis-stated “facts” have been use by the antigun lobbyists for a number of years to promote tighter gun controls while simply lying about the facts.  Why would we expect the President of Mexico to behave any differently – hell even our President chooses lies over facts about this issue.

Pajamas Media » He Didn’t Just Lie About Arizona: Calderon Fibbed About Assault Weapons, Too

His claim that 80% of the guns seized in Mexico came from the U.S. is widely debunked nonsense.

May 24, 2010

- by Bob Owens

In a very rare event, the president of Mexico addressed a joint session of the United States Congress last Thursday. Unfortunately, Felipe Calderon abused the opportunity by lying to the assembled representatives, senators, and government officials for the express benefit of his faltering country.

Twice.

Massachusetts Mess Previews ObamaCare Woes--Sally Pipes - NYPOST.com

A look into the healthcare crystal ball.  Higher premiums, limits on care, fewer insurance companies, fewer doctors.   And, with 63% of the folks in the US wanting it repealed, it appears everyone understands this disaster except the Big “O” and the democrats in Congress.

 

Massachusetts Mess Previews ObamaCare Woes--Sally Pipes - NYPOST.com

 

By SALLY PIPES

Last Updated: 12:54 AM, May 25, 2010

Posted: 12:26 AM, May 25, 2010

The future of US medicine under ObamaCare is already on display in Massachusetts. The top four health insurers there just posted first-quarter losses of more than $150 million. Most of them blamed the state's decision to keep premiums at last year's levels for individual and small-business policies, when they'd proposed double-digit hikes to match the soaring costs they've seen under the state's universal-coverage law.

The companies have gone to court to challenge the state's action -- it apparently had no basis for its ruling beyond the political needs of Gov. Deval Patrick. If they win, Bay State health premiums will continue their rapid rise; if they lose, they'll eventually have to stop doing business in Massachusetts -- and the state will be that much closer to a "single payer" system of socialized medicine.

Saturday, May 22, 2010

Deepwater Well Construction 101 | RedState

For those looking for data and detail, an excellent article on the Deepwater Horizon accident.

 

Deepwater Well Construction 101

Posted by Vladimir (Profile)

Saturday, May 22nd at 6:35PM EDT

9 Comments

By any measure, the construction of a deepwater well involves “Extreme Engineering”. And like other applications of technology at the frontier of knowledge, proper operating practices are often a response to failure, and examination of lessons learned.

The Deepwater Horizon disaster represents the first time deepwater drillers have experienced multiple failures of the redundant systems that are designed to keep a well from flowing uncontrollably. In hindsight, it may well be determined that some combination of questionable design choices, human error and equipment malfunction conspired to cause the blowout and spill. No one (that I’m aware of) has suggested that BP was operating outside of its permitted authority.

Public Pensions Headed for Disaster - Business - The Atlantic

Again, things like this should be so obvious.  Just as it’s a bad idea for the many states to “borrow” from the Fed to pay unemployment benefits.  It’s like the money just magically appears.  Or that, eventually, the financial system doesn’t have to correct itself. 

 

Public Pensions Headed for Disaster - Business - The Atlantic

May 21 2010, 2:25 PM ET |

The New York Times has a practically libertarian-sounding article on public pensions, and the strain they are putting on the state and local governments.  Public employees rack up overtime in their last year of work, with the active encouragement of their supervisors and even local politicians, then they retire with inflated pensions that can be greater than their base salary.

It’s the Sun, stupid | Full Comment | National Post

No, really???   The Sun???   Who would have guessed!!

 

It’s the Sun, stupid | Full Comment | National Post

By Lawrence Solomon May 21, 2010 – 7:17 pm

Solar scientists are finally overcoming their fears and going public about the Sun-climate connection

Four years ago, when I first started profiling scientists who were global warming skeptics, I soon learned two things: Solar scientists were overwhelmingly skeptical that humans caused climate change and, overwhelmingly, they were reluctant to go public with their views. Often, they refused to be quoted at all, saying they feared for their funding, or they feared other recriminations from climate scientists in the doomsayer camp. When the skeptics agreed to be quoted at all, they often hedged their statements, to give themselves wiggle room if accused of being a global warming denier. Scant few were outspoken about their skepticism.

No longer.

Friday, May 21, 2010

Pajamas Media » Leaked Spanish Report: Obama’s Model ‘Green Economy’ a Disaster (PJM Exclusive)

Wind energy is a failure, color me shocked!   Hello, Senator Harken, hello????????

Pajamas Media » Leaked Spanish Report: Obama’s Model ‘Green Economy’ a Disaster (PJM Exclusive)

Following PJM's exclusive story on a leaked Spanish government report, a newspaper in Spain confirms that the country's "green economy" policies — the model for the Obama administration's "green jobs" efforts — have been a disaster: expensive, ineffective, and unworkable. (An English translation of the Spanish article is provided in this post.)

May 21, 2010

- by Christopher Horner

Share |

As predicted was inevitable, today the Spanish newspaper La Gaceta runs with a full-page article fessing up to the truth about Spain’s “green jobs” boondoggle, which happens to be the one naively cited by President Obama no less than eight times as his model for the United States. It is now out there as a bust, a costly disaster that has come undone in Spain to the point that even the Socialists admit it, with the media now in full pursuit.

Tuesday, May 18, 2010

Massachusetts Insurers Post Big Losses - Business - The Atlantic

Let’s see . . . forced to cover more people, no limits on jumping into or out of an insurance program,  forced restrictions of insurance costs to the consumer:  What could possible go wrong???

 

Massachusetts Insurers Post Big Losses - Business - The Atlantic

May 17 2010, 7:27 PM ET

When MassCare passed, it was supposed to lower the average cost of health care by getting relatively cheap young people into the system, and ending the inefficiencies of caring for the uninsured.  Unfortunately, it hasn't quite worked out that way.  The bill for the uninsured only dropped by about 40%; the young, cheap people turned out to almost all need subsidies, and worse, some of them figured out how to game the system by buying insurance, getting a bunch of expensive procedures, and then dropping the insurance again.  There was a brief improvement in insurance prices for the individual market, because Massachusetts, with its community rating and guaranteed issue, had had a pretty sizable problem with adverse selection.  But after a few years, insurance costs were still marching briskly upward, rates were among the highest in the country, and the system was putting heavy pressure on a budget that was already strained to the limit by the recession.

Texas doctors fleeing Medicare in droves | Houston & Texas News | Chron.com - Houston Chronicle

Why should this shock anyone.  Of all the providers that are available in the US, the US Government has the worst payment record with the highest fraud rate.  What are doctors supposed to do??

 

Texas doctors fleeing Medicare in droves | Houston & Texas News | Chron.com - Houston Chronicle

By TODD ACKERMAN
HOUSTON CHRONICLE
May 17, 2010, 11:02PM

Houston retiree Kathy Sweeney has trouble finding specialists who phototake new Medicare patients and is worried about the possibility she one day could lose her regular doctor.

 

Texas doctors are opting out of Medicare at alarming rates, frustrated by reimbursement cuts they say make participation in government-funded care of seniors unaffordable.

Two years after a survey found nearly half of Texas doctors weren't taking some new Medicare patients, new data shows 100 to 200 a year are now ending all involvement with the program. Before 2007, the number of doctors opting out averaged less than a handful a year.

“This new data shows the Medicare system is beginning to implode,” said Dr. Susan Bailey, president of the Texas Medical Association. “If Congress doesn't fix Medicare soon, there'll be more and more doctors dropping out and Congress' promise to provide medical care to seniors will be broken.”

Scott Gottlieb: No, You Can't Keep Your Health Plan - WSJ.com

Again, the devil is always in the details.

 

Scott Gottlieb: No, You Can't Keep Your Health Plan - WSJ.com

Insurers and doctors are already consolidating their businesses in the wake of ObamaCare's passage.

By SCOTT GOTTLIEB

President Obama guaranteed Americans that after health reform became law they could keep their insurance plans and their doctors. It's clear that this promise cannot be kept. Insurers and physicians are already reshaping their businesses as a result of Mr. Obama's plan.

Sunday, May 16, 2010

My great grand children will grow up in a world where Europe is Islamic.

So what will this mean to the world?  Will the Muslims be “moderate” or Jihadists?  Will we be forced to fight a war of survival with a Jihadists Europe?   Most folks that I have chatted with about this issue seem to write it off as alarmists crap.  I have been looking at this since Mark Stein wrote “America Alone”.  It’s a sobering trend that needs the attention of those who value our traditional western way of life.

Power Line - Mantz on a mission

So what’s it like to die??  A dead man finds his purpose for living.

Mantz on a mission

May 16, 2010 Posted by Scott at 8:38 AM

atwar-shanker-mantz-span-blogSpan.jpg

Watching Fox News this morning, I caught an interview with Army Captain Joshua Mantz (in the photo at left with Secretary Gates). Captain Mantz was patrolling in Bagdhad with the First Infantry Division on April 21, 2007, when he was hit by an armor-piercing bullet that hit and killed Staff Sergeant Marlon Harper. Part of the same bullet that killed Sergeant Harper then exited, hit Captain Mantz and severed Mantz's femoral artery. Captain Mantz bled out and went into a flatline condition for 15 minutes.

Abortion Coverage in President Obama's Health Care Reform Bill | The Heritage Foundation

Yes Virginia, Obama does provide federal funds for abortion in the new healthcare bill.

 

Abortion Coverage in President Obama's Health Care Reform Bill | The Heritage Foundation

Published on March 4, 2010 by Chuck Donovan

President Obama has put forward another variant of health care reform whose foundation is H.R. 3590. Nearly a year after the President launched the health reform process with a White House summit, public opinion has moved even more strongly in the direction of keeping longstanding prohibitions on federal financing of abortion and plans that cover abortion. Despite this fact, H.R. 3590 includes multiple provisions that facilitate abortion funding, including new grants to federally qualified health centers (FQHCs) that contain no restriction on abortion payments whatsoever.

Saturday, May 15, 2010

Scientists issue a global cooling alert!!

Mmmm . . . . . errrrrrr . . . . . . . ahhhhhhhh . . . . . a global cooling alert???

 

Food and Ethanol Shortages Imminent as Earth Enters New Cold Climate Era

Monday, May 10, 2010

11:30 AM

The Space and Science Research Center (SSRC), the leading independent research organization in the United States on the subject of the next climate change, issues today the following warning of imminent crop damage expected to produce food and ethanol shortages for the US and Canada:

Over the next 30 months, global temperatures are expected to make another dramatic drop even greater than that seen during the 2007-2008 period. As the Earth’s current El Nino dissipates, the planet will return to the long term temperature decline brought on by the Sun’s historic reduction in output, the on-going “solar hibernation.”

We Are Out of Money - Reason Magazine

Something so simple to understand and yet it is just totally ignored by our President and Congress.

 

We Are Out of Money

American governance won’t begin to inch forward until the political class faces basic facts.

Matt Welch from the June 2010 issue

Listen to Audio Version (MP3)

American conservatives, particularly the fiscal variety, tend to hold up the European Union as a model of irresponsible, big-spending economic policy. But consider this: According to E.U. rules, member countries cannot maintain budget deficits above 3 percent of gross domestic product; nor can their total debt rise above 60 percent of GDP. As Veronique de Rugy points out in this issue, the U.S. budget deficit in 2009 was three times the E.U.’s limit, and total debt will zoom past the 60 percent threshold sometime this year. Washington makes Paris look frugal.

In March the federal government created the most expensive new entitlement in four decades, even as the bond rating company Moody’s Investors Service warned that debt levels could soon precipitate a downgrade in U.S. Treasury bonds. The main opposition party fought the bill by decrying “cuts” to Medicare, and it has kept itself at arm’s length from one of the few politicians talking seriously about long-term reform.

The Climategate Chronicle: How the Science of Global Warming Was Compromised - SPIEGEL ONLINE - News - International

The kind of work you wish a US mainstream media paper would do.

The Climategate Chronicle: How the Science of Global Warming Was Compromised - SPIEGEL ONLINE - News - International

By Axel Bojanowski

To what extent is climate change actually occuring? Late last year, climate researchers were accused of exaggerating study results. SPIEGEL ONLINE has since analyzed the hacked "Climategate" e-mails and provided insights into one of the most unprecedented spats in recent scientific history.

Tuesday, May 11, 2010

Landscapers find workers choosing jobless pay | detnews.com | The Detroit News

Imagine that, a person would rather sit on their ass and get paid rather that work and get paid.  color me shocked!

 

Landscapers find workers choosing jobless pay | detnews.com | The Detroit News

Jaclyn Trop / The Detroit News

In a state with the nation's highest jobless rate, landscaping companies are finding some job applicants are rejecting work offers so they can continue collecting unemployment benefits.

It is unclear whether this trend is affecting other seasonal industries. But the fact that some seasonal landscaping workers choose to stay home and collect a check from the state, rather than work outside for a full week and spend money for gas, taxes and other expenses, raises questions about whether extended unemployment benefits give the jobless an incentive to avoid work.

Mojave Cross torn down by vandals

What the left can’t accept, they simply destroy.  Violence is an old friend to them.  As is showing disrespect to the veterans of our country.  Yet another example.

Mojave Cross torn down by vandals | Local News | PE.com | Southern California News | News for Inland Southern California

09:13 AM PDT on Tuesday, May 11, 2010

The 76-year-old Mojave Cross war memorial in San Bernardino County's High Desert has been torn down by vandals, just days after the U.S. Supreme Court ruled that the religious symbol could remain -- at least temporarily -- on public land.

Sometime Sunday night, the cross was taken down from its perch atop Sunrise Rock in the Mojave National Preserve, according to Liberty Institute, a group that represented veterans groups and caretakers of the cross in the recent Supreme Court Case.

Saturday, May 08, 2010

Stunning 2006 Barney Frank VIDEO Surfaces: Banks Forced to Report Too Much - HUMAN EVENTS

Barney in his own words.  Priceless

 

Stunning 2006 Barney Frank VIDEO Surfaces: Banks Forced to Report Too Much - HUMAN EVENTS

by  Connie Hair

05/07/2010

Rep. Barney Frank (D-Mass.) speaking at a forum on national housing policy on December 11, 2006.  Three weeks after making this speech at the Treasury Department, Frank became Chairman of the House Financial Services Committee.

Barney Frank – a danger to our economy.

Bary Franks is the chairman of the House Financial Services Committee.  He is a danger to our economy.

Confirmed: Barney Frank Played Major Role in Financial Collapse & Is Still Pushing His Dangerous Agenda on America

Posted by Jim Hoft on Saturday, May 8, 2010, 11:16 AM

Morgen Richmond from Verum Serum broke this story earlier this week at Big Government.
It’s worth repeating.

Democrat Barney Frank, the chairman of the House Financial Services Committee, sent a letter this week to the White House urging the President to reject the attempt by Republicans to include GSE (Fannie Mae-Freddie Mac) reform in any financial reform bill. Frank argued that had already been reformed and did not need to be included in the Senate’s financial reform bill. Frank told democratic senators, “As Fannie and Freddie operate today, going forward, there is no loss.”

4 ways Congress caused the financial crisis | Analysis & Opinion |

So what does it look like when a victim of congressional bloviating refuses to take it laying down?  Glassman shows the way.  Read this article and then read the original memo at the link.

4 ways Congress caused the financial crisis | Analysis & Opinion |

May 5, 2010 11:08 EDT

2008 financial crisis | financial regulatory reform

That bankers disdain their new Washington overlords is no surprise. To many of them, Congress is plagued by “unnerving ignorance” and a refusal to admit its own role in the financial crisis. At least that is how a controversial JPMorgan report puts it. Impolitic perhaps, but not inaccurate.

It’s one thing to discuss such grumbles in the executive suite. It’s another to explicitly lay them out in a widely disseminated research report, accompanied by data and a full-color chart for emphasis — in the midst of the delicate financial reform debate in the U.S. Senate, to boot. But that’s what JPMorgan’s James Glassman did in a May 3 economic note.

Tuesday, May 04, 2010

Chaves Hussein Obama

Mmmm – about those 401Ks.   Looks like Chavez Hussein Obama is smackin’ his lips just a bit.

Obama Administration Makes Plans to Gobble Up 401(k)s

Posted by Jim Hoft on Tuesday, May 4, 2010, 6:03 AM

The Obama Administration is making plans to take over the nation’s 401(k)s in order to bail out their union backers and their bankrupted pension plans.
Connie Hair at Human Events reported:

In February, the White House released its “Annual Report on the Middle Class” containing new regulations favored by Big Labor including a bailout of critically underfunded union pension plans through “retirement security” options.

The radical solution most favored by Big Labor is the seizure of private 401(k) plans for government disbursement — which lets them off the hook for their collapsing retirement scheme. And, of course, the Obama administration is eager to accommodate their buddies.

President Obama: GOP Opposition to Stimulus 'Helped to Create the Tea-Baggers' - Political Punch

Hope and Change, Hope and Change.

 

President Obama: GOP Opposition to Stimulus 'Helped to Create the Tea-Baggers' - Political Punch

May 04, 2010 9:07 AM

Three days after he decried the lack of civility in American politics, President Obama is quoted in a new book about his presidency referring to the Tea Party movement using a derogatory term with sexual connotations.

In Jonathan Alter’s “The Promise: President Obama, Year One,” President Obama is quoted in an interview saying that the unanimous vote of House Republicans vote against the stimulus bills “set the tenor for the whole year ... That helped to create the tea-baggers and empowered that whole wing of the Republican Party to where it now controls the agenda for the Republicans.”

Members of Congress Bet Against Stocks in Year of Financial Crisis - WSJ.com

Something about the “Fox in the hen house” or “the pot calling the kettle black” comes to mind.

 

Members of Congress Bet Against Stocks in Year of Financial Crisis - WSJ.com

Some members of Congress made risky bets with their own money that U.S. stocks or bonds would fall during the financial crisis, a Wall Street Journal analysis of congressional disclosures shows.

Senators have criticized Goldman Sachs Group Inc. for profiting from the housing collapse. And Congress is considering legislation to curb Wall Street risk-taking, including the use of financial instruments known as derivatives and of leverage, or methods that amplify returns.

Monday, May 03, 2010

Did Bush warn of the impending financial crisis – yep – over and over and over and over and. . . . . . .

You would think the Democrats would learn about the long memory of the Internet.  Much to my amusement, the don’t. 

Pelosi Caught In Major Lie- Says Bush Didn’t Warn Congress About Financial Crisis… Records Show He Warned Congress 17 Times in 2008 Alone

Posted by Jim Hoft on Monday, May 3, 2010, 2:04 PM

Speaker Nancy Pelosi held a news conference last week and told reporters this:

During her weekly press conference on April 15, a reporter asked Pelosi a seemingly innocuous question about taxes. Pelosi prefaced her response with a fairly standard litany: explaining the dire state of the U.S. economy inherited by President Obama and setting the blame at the foot of the Bush administration. But she also added this: “When [then-Senator Obama] accepted the nomination in Colorado, the [Bush] Administration had kept from the public the idea that, in a matter of weeks, the financial community would be in crisis, and we would need to pass the TARP legislation.”

The state-run media is trying to make something of this claim today.

But, what Speaker Pelosi failed to mention was that President Bush warned the Democratic Congress 17 times in 2008 alone about the systemic consequences of financial turmoil at Fannie Mae and Freddie Mac and also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties.

Saturday, May 01, 2010

What's going on beneath the sea? A graphic explanation of the fight to shut off the oil leak | NOLA.com

A good visual of the problems in capping the leaking well in the Gulf.

 

What's going on beneath the sea? A graphic explanation of the fight to shut off the oil leak | NOLA.com

By Times-Picayune Staff
April 30, 2010, 7:42PM
Even as experts scramble to come up with a way of keeping the oil from the Deepwater Horizon well from continuing to flow freely into the Gulf of Mexico,
BP concedes that a relief well will eventually have to be drilled in order to successfully shut down the existing leaking well. The graphic below explains what's happening on the ocean floor, and how the relief well will work.

beneaththeoilslick.jpg

A Few Comments About Q1 GDP...

The economy in geek-speak.  Not as rosy as the Big “O” is trying to paint it.

A Few Comments About Q1 GDP...

Calculated Risk | Apr. 30, 2010, 9:05 PM

The two leading sectors, residential investment (RI) and personal consumption expenditures (PCE), moved in different directions in Q1:

  • PCE increased at a 3.6% annualized growth rate compared to 1.6% in Q4. PCE was driven by a decline in the savings rate to 3.1% (from 3.9%) and transfer payments (I'll have more on this).
  • RI declined 10.9% in Q1, compared to an increase of 3.8% in Q4.
  • Exactly who ‘makes enough money’ in Obama’s eyes? | Kyle Wingfield

    5 Million for the Big “O"s’” book eh.  Heck, I’d be happy to sell my whole company for that.  What an incredibly ignorant ass.

     

    Exactly who ‘makes enough money’ in Obama’s eyes? | Kyle Wingfield

    7:00 pm April 30, 2010, by Kyle Wingfield

    “I do think,” you may have heard President Barack Obama say about a group of Americans last week, “at a certain point you’ve made enough money.”