RANT: Fundraising? How about getting something working first!

Monday, March 16, 2009

http://www.bloomberg.com/apps/news?pid=20601087&sid=aBcmH5_wa8J0&refer=worldwide

Obama to Test Fundraising Skills Amid ‘Donor Fatigue,’ Crisis
By Hans Nichols and Jonathan D. Salant

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March 16 (Bloomberg) — President Barack Obama will headline the first fundraiser of his presidency this month, appealing to donors large and small even as the economy struggles through the worst recession in generations.

Obama’s appearance at the Democratic National Committee’s March 25 event at the Warner Theatre in Washington, with tickets ranging from $100 to $2,500 per person, will be an early test of his ability to keep up the record-breaking fundraising he achieved during the campaign.

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See it’s all about getting reelected.

Your problems don’t amount to a hill of beans!

It’s all about the parasites feeding on the taxpayers.

Argh!

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MONEY: Where are we going to be in 20 years?

Monday, March 16, 2009

http://insidecatholic.com/Joomla/index.php?option=com_content&task=view&id=5565&Itemid=48

The Money Meltdown: A Conversation with Thomas Woods Jr. by Brian Saint-Paul 3/11/09

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Q: We’ve had bailouts and stimulus packages, and possibly more of both in the near future. If you were to look into a crystal ball, where are we going to be in 20 years? Where is all of this heading? Will we reach a point of total economic collapse? Or will we wind up as the newest Euro-style state?

It seems to me that the best-case scenario is a kind of European third-way stagnation: high unemployment, anemic growth (if any), and a whole bunch of people scratching their heads and wondering why this is happening. That could be our fate.

Of course, it could be worse. It may turn into something like what Japan endured in the 1990s and beyond — though at least Japan had some domestic savings as a cushion. Or there could well be a complete collapse of the system, with the dollar destroyed. This is all conditional, because it depends in large part on what the government does. Its cure is almost sure to be worse than the disease.

I’d love to think that if a collapse came, people would say, “Obviously, intervention doesn’t work, so let’s try what the Austrians have been suggesting.” But I think instead a demagogue would rise up to say — as usual — that the problem is not enough government involvement, and that he’s going to rescue us.

That’s the most likely outcome.

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Thomas E. Woods Jr. is senior fellow in American history at the Ludwig von Mises Institute. He is the author of nine books, including two New York Times bestsellers: The Politically Incorrect Guide to American History and the just-released Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse, as well as the award-winning The Church and the Market: A Catholic Defense of the Free Economy. Visit his new Web site.

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TEST: Hacking around

Monday, March 16, 2009

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GOVEROTRAGEOUS: Rep. Barney Frank has chutzpah!

Monday, March 16, 2009

http://finance.yahoo.com/news/Frank-assails-bonuses-paid-to-apf-14646988.html  

Frank assails bonuses paid to executives at AIG
House committee chairman rails against bonuses paid executives of financially-strapped AIG
Monday March 16, 2009, 8:24 am EDT

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WASHINGTON (AP) — Rep. Barney Frank charged Monday that a decision by financially strapped insurance giant AIG to pay millions in executive bonuses amounts to “rewarding incompetence.”

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He should know incompetence. He’s part of the Fannie and Freddie mess. His hands aren’t clean by any means.

Aint congresscritters funny? If they were so dangerous to our liberties!

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