Obama, Racist-in-Chief

Posted By on October 14, 2009

There has been a flap over the past couple of days over Obama’s refusal to appear on Fox News, and more generally over the Obama administration’s designation of anyone who disagrees with them as enemies. This story got a little play on CNN, with James Carville and David Gergen debating some Republican whom we can’t even remember on Anderson Cooper’s version of the news. This is the way CNN sets it up, with some faceless, low-level, relatively clueless spokesman arguing the other side, weakly. (more…)

Unemployment rising

Posted By on October 12, 2009

On the Wall Street TV shows the talking heads agree that “the worst is over” as stock markets recover from the global financial crash. Their conventional wisdom is, now is a good time to get back into the market. Housing prices may be nearing a bottom, and manufacturing and trade are picking up again. The stimulus is working, and the Fed may soon raise interest rates and let the markets work unsupported from here. (more…)

Ireland ratifies Lisbon Treaty

Posted By on October 10, 2009

Ireland has ratified the Lisbon Treaty restructuring the European Union. BrusselsJournal has the report, with historical background.

Poland has also ratified the treaty.

WiseUpJournal has a few reports on irregularities in the run-up to the Irish vote.

The Telegraph reports on how the EU will have a “personality,” that is, how it will act as a nation. The European Union will have a president, a foreign minister, and diplomatic embassies around the world.

They voted to be taken over.

Liberal states and big banks

Posted By on October 8, 2009

We’ve been hoping that congressional watchdogs charged with tracking the TARP bailouts would uncover enough evidence to prove that Treasury Secretary Henry Paulson engaged in criminal behavior by loaning our money to his friends. TARP Inspector General Neil Barofsky released an audit on Monday reporting that Ben Bernanke and Henry Paulson lied about the financial health of some of the banks that received TARP funds. This revelation doesn’t amount to evidence of a criminal conspiracy. It could be dismissed as “faulty judgment” or something similar. Story at The Washington Times.

Washington has a long piece on the big banks that comes pretty close to explaining why they are not being broken up.

While the largest 20 banks that received bailout money were laying off 160,000 employees, the top executives were given millions of dollars worth of stock options. That is why banker compensation needs to stay in the public’s awareness. As time goes by, all of these scandals can be swept under the rug and forgotten. Congress is participating in the cover-up.

You need to frame further economic developments upon these basic building blocks: (1) The TARP money was misspent, and the big banks did not resume lending as promised. The top executives profited while the employees and the taxpayers got the shaft. (2) The Democrats had the opportunity to target job creation and enlarge the welfare support system when they came into office, but they funded the Left, built up the federal bureaucracy, and spent money on low-priority projects instead. The federal government has been wasting money instead of helping the economy. The big liberal states have continued spending rather than cutting jobs and salaries to align with tax revenues. All economic developments are occurring within this paradigm.

The State of Illinois has cracked. It’s really a bad idea to go to work for the government. The welfare state programs are underfunded both at the federal and state levels. When government workers get laid off, they naturally turn to the government for help. You need to break this sort of socialist dependency psychology to survive the crash. The government is the problem, not the solution. The government is supporting the wealthiest bankers, the biggest corporations, the illegal immigrants, and the most radical Marxists, not you. Liberal governments are the enemy of the people. Don’t make us explain this to you again. Declare your independence from government and move on to an honest future. You don’t need to waste any time on “reform” proposals and movements, just get away from the government whirlpool and don’t look back.

Britain’s police state progress

Posted By on October 7, 2009

How is Britain progressing toward the police state? The takeover is more open in Britain, where the people know they are being taken over and the politicians are so brazen they don’t care who knows it. In the United States the same transfer of wealth to the banks and the same police state tracking systems are in place, but folks seem to like Obama and actually want more socialism. (more…)

Civil unrest

Posted By on October 5, 2009

We want to get you out of the big cities, which are now corrupt liberal multicultural machines, and out of the liberal states, which are going bankrupt. These are the most likely places civil unrest might develop as cities go broke and cut services. We’d like to get you moved over to the small cities and towns of the most solvent states, where you will have the least contact with government. You can’t stop the takeover, but you can associate with the best people and improve your chances for survival. That strip of states running from Texas to Montana, then up through western Canada, and to Alaska, is the safest for now. Ideally, these states could split off from the United States and Canada and form a more perfect union. But that’s for later. Right now survival is the issue. And, we are in no hurry to form another federal government. Look how the last one turned out.

Claire Wolfe has thought about civil unrest in more detail than we have. You never know when a system or two is going to break down. We do know the Democratic policies are unsustainable and have brought many states and cities into crisis. It’s just a matter of time before life becomes unlivable in the liberal areas of the country. Right now things are relatively “cheerful” as the global financial system did not entirely crash economies to the bone. But the “recovery” scenario is simply a ticking time bomb of funny money injections followed by increased debt issuance. Rippling debt defaults could yet bring on bank panics, and then the streets get filled up, and then the police come, or the Canadian police come, and you don’t want to be there when.

Think ahead a little bit. It’s not safe out there.

California screaming

Posted By on October 3, 2009

Washington’s blog has a nice piece on how California solved its budget problem, temporarily. California is too broke to fund its schools, so it absconded with $2 billion in local redevelopment agency funds to cover the shortfall. The state also borrowed another $1.9 billion from future property tax revenues from cities. This state raid upon city funds is illegal, and it has cities scrambling to try to figure out how to survive independently of the state government. (more…)