Archive | November, 2012

Bush Doesn’t Care About Black People…

30 Nov

And Obama doesn’t care about anyone else – especially now the election is over…

Frustrated Staten Islanders sound off at town hall meeting

If they were black people in a Republican State this would be news – since it’s mostly white middle class – nothing to see here.

BTW – Obama is heading out to Hawaii for Christmas… just sayin”

Fox News

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Greek Tragedy Sequel … 2013

29 Nov

This is becoming comical.  The Greeks defaulted in March – since then, there have been at least five solutions to the Greek crisis…The US has already leapt off the “Fiscal Cliff” (they just won’t admit it), China is a fiction and Europe is dying…

Taking Advantage Before Year-End

The latest Greek crisis has been resolved for the moment in the way that it always gets resolved which is to give them more money and pile on more debt. The numbers were falsified once again, the rhetoric was another mass of purposeful confusion, the “ifs, buts, thats and the others” were plentiful and Europe made one more mockery of itself but what else is new. The Spanish banks are to be helped economically, 60% of the workforces will be laid off for these troubled institutions, the Spanish economy will worsen, unemployment will rise to 28-30% and all of the EU and IMF projections will look like the fantasies that they are some months out but another round of money is tossed against the wall and more debt added to the stockpile. The game remains the same. Yields are held down in Europe by the brandishing sword of Mr. Draghi as he will “Save the World” and the recession in Europe continues unabated…

What the markets hand out they can take away and usually in a heartbeat so that sound countenance must be placed upon the advantage that we have been given. It could be taxes, or an unexpected event or politics or the accumulation of debt that changes things but the wise, in my opinion, will take some advantage of our good fortune to date!

And use the funds to stock up on canned food and ammo – you’ll need both

Zero Hedge

Lifecycle of Obamacare

29 Nov

Never seen a better representation of this phenomenon….

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Whether private sector or public sector, the evolution is the same – but in the public sector there is no financial punishment for this kind of failure… 

Of Two Minds

Mr. and Mrs. Susan Rice – Tax the Rich

29 Nov

After all they voted for it….

Conflict-of-interest issue for Rice on Keystone XL project?

Rice and her husband, a producer at ABC News, have a net worth between $26 million and $39 million, making Rice one of the wealthiest members of Obama’s Cabinet.  There is nothing wrong with that, of course, and the overall wealth shows that this investment is a very small part of Rice’s portfolio.  However, that may not matter to those who oppose Rice’s nomination, nor to those who oppose the Keystone XL pipeline, two very different constituencies that might have a common cause if Obama sends her name in nomination to the Senate.

Meanwhile …

According to her May 2012 financial disclosure, Rice has an investment in TransCanada Corporation worth between $300,000 and $600,000. TransCanada is angling for the State Department’s permission to build the final portion of the Keystone XL pipeline — a 1,700-mile conduit for crude oil between Canadian deposits and Texas refineries.

If she were confirmed as secretary of state, Rice would have final authority to green-light the large section of the pipeline project still languishing in regulatory purgatory.

If she can lie on 5 National News shows about Benghazi, what’s a little conflict of interest…

Hot Air

Something About Fiddling and Burning…

29 Nov

Or Whistling Past the Graveyard…

Obama in Hawaii as Nation Goes Over the Cliff

President Obama is reportedly scheduled to be vacationing in Hawaii on January 2, the date billions in spending cuts – and untold consequences for the economy – will kick in if a deal is not reached on the “fiscal cliff.”

The Hawaii Reporter estimates that the total cost of the vacation to Hawaii and federal taxpayers, including funding for travel, staff and protection, is at least $4 million. Obama’s vacations are more expensive than those of previous presidents because of the huge costs to fly Air Foce One and an accompanying cargo plane for nine hours or so to Hawaii.

At least they’ll be able to say it wasn’t Obama’s fault – “…he wasn’t even in the White House at the time”

White House Dossier

Progessive War on Millionaires…its Working, They’re Leaving

28 Nov

The left believes the Laffer Curve is a myth, and taxing the rich and spending the money is the path to prosperity – despite all the evidence to the contrary…

Two-thirds of millionaires left Britain to avoid 50p tax rate

In the 2009-10 tax year, more than 16,000 people declared an annual income of more than £1 million to HM Revenue and Customs.

This number fell to just 6,000 after Gordon Brown introduced the new 50p top rate of income tax shortly before the last general election.

Last night, Harriet Baldwin, the Conservative MP who uncovered the latest figures, said: “Labour’s ideological tax hike led to a tax cull of millionaires.

Far from raising funds, it actually cost the UK £7 billion in lost tax revenue.

“Labour now needs to admit that their policies resulted in millionaires paying less tax and come clean about whether they would reintroduce this failed policy if they were in power.”

Kind of like the Republicans and Mexicans, when you tell people to fuck off enough times, eventually they will.

 

Telegraph

Housing Will Lead Us Out of Recession…But Obama Won’t…

28 Nov

In another expected “unexpected” post election development, the data for New Home Sales, which was manipulated to support the Obama campaign to an unlikely 389k (highest since April 2010) – thereby PROVING Obama’s policies were correct – have been “revised” – guess what…

Surprise: Right After The Election, New Home Sales Tumble From Downward Revised Two Year High

When observed on an as is basis, in October there was a grand total of 29,000 new homes sold in the entire USA, with the Northeast representing a whopping… 2,000 of this. Oh and of the 29,000 houses sold, 9,000 were not even started. And finally, for those who enjoy pointing out the rise in home prices driven only and exclusively by foreclosure inventory stuffing and removal of all such real estate from the open markets, both the median and average new home price ($237,700 and $278,900) printed at at the lowest since June.

https://i2.wp.com/www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/11-2/New%20Home%20Sales%20Oct%20NSA.jpg

Can’t wait for the “unexpected” jobs and jobless claims post election revisions – coming soon!

Zero Hedge

WSJ Columnist Finds “Red Dawn” Remake Xenophobic…

27 Nov

Tao Jones worried about “holes in the plot”…

How ‘Red Dawn’ Could Have Been Remade Without the Xenophobia

 

https://i0.wp.com/s.wsj.net/public/resources/images/OB-RR494_taojon_CV_20120206131449.jpg

Given the appeal of the fantastic in contemporary cinema, I think Vinson and his fellow producers missed a huge opportunity — especially given that we no longer live in a time when people associate the color red with the threat of global communism.

No – now its Blue…

Why not aliens instead of Asians? Extraterrestrial invaders, attacking from a staging base on the red planet Mars! At least advanced technology would provide an explanation for some of the plot’s obvious gaffes — an EMP attack that knocks out nukes and radar but does nothing to cars, consumer electronics and the power grid?

Why not indeed – or perhaps jihadists with turbans and dynamite vests 

Or why not go with Beau’s sarcastic suggestion, and depict an assault from the mythical creatures of faery — elves and trolls and goblins, spirits of fire and creatures of darkness, wielders of the red metal copper due to their fear of deadly iron?

Because its waaaay more believable that “Faeries” and Aliens would invade the US than wild eyed Commies from across the Pacific  – wouldn’t want anymore need for ” disbelief at its ludicrous setup, traverse around its gaping plot holes and swallow its manipulative, horse-pill jingoism.”

Perhaps Tao may be a tad sensitive on this one…

WSJ via Brietbart

Christians Riot Over Offensive Depiction of Christ…err

27 Nov

Oh wait – wrong religion … but truly offensive

Painting Depicts Obama as Crucified Christ

The painting is called “Truth” – and shows the president with his arms outstretched. A crown of thorns rests on his head.

It was originally supposed to debut nearly four years ago at New York City’s Union Square. But that event was cancelled due to public outrage.

“I always regretted cancelling my exhibit in New York because I feel my First Amendment rights should override someone’s hurt feelings,” D’Antuono told Fox News. “We should celebrate the fact that we live in a country where we are given the freedom to express ourselves.”

https://i2.wp.com/radio.foxnews.com/toddstarnes/wp-content/uploads/2012/11/the-truth.jpg

He dismissed critics who called the display blasphemous.

“The crucifixion of the president was meant metaphorically,” he told Fox News. “My intent was not to compare him to Jesus.”

No Shit Sherlock – but try painting Obama as Mohammed…

Fox News

To Make or To Take – That’s the Question

27 Nov

And in the US, the government has done a great job convincing people that work just isn’t worth the effort…

When Work Is Punished: The Tragedy Of America’s Welfare State

…for increasingly more it is now more lucrative – in the form of actual disposable income – to sit, do nothing, and collect various welfare entitlements, than to work. This is graphically, and very painfully confirmed, in the below chart from Gary Alexander, Secretary of Public Welfare, Commonwealth of Pennsylvania (a state best known for its broke capital Harrisburg). As quantitied, and explained by Alexander, “the single mom is better off earnings gross income of $29,000 with $57,327 in net income & benefits than to earn gross income of $69,000 with net income and benefits of $57,045.

https://i0.wp.com/www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/11-2/CBO%20disposable%20income.jpg

But perhaps the scariest chart in the entire presentation is the following summarizing the unsustainable welfare burden on current taxpayers:

  • For every 1.65 employed persons in the private sector, 1 person receives welfare assistance
  • For every 1.25 employed persons in the private sector, 1 person receives welfare assistance or works for the government.

So the solution of course is to tax the rich…

Zero Hedge

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