GOVEROTRAGEOUS: The Gooferment refuses to TARP repayment

Tuesday, April 7, 2009

http://online.wsj.com/article/SB123879833094588163.html

   * OPINION
   * APRIL 4, 2009

Obama Wants to Control the Banks
There’s a reason he refuses to accept repayment of TARP money.
  By STUART VARNEY

*** begin quote ***

I must be naive. I really thought the administration would welcome the return of bank bailout money. Some $340 million in TARP cash flowed back this week from four small banks in Louisiana, New York, Indiana and California. This isn’t much when we routinely talk in trillions, but clearly that money has not been wasted or otherwise sunk down Wall Street’s black hole. So why no cheering as the cash comes back?

My answer: The government wants to control the banks, just as it now controls GM and Chrysler, and will surely control the health industry in the not-too-distant future. Keeping them TARP-stuffed is the key to control. And for this intensely political president, mere influence is not enough. The White House wants to tell ’em what to do. Control. Direct. Command.

It is not for nothing that rage has been turned on those wicked financiers. The banks are at the core of the administration’s thrust: By managing the money, government can steer the whole economy even more firmly down the left fork in the road.

{Extraneous Deleted}

*** end quote ***

It’s all about taking the county socialist. He was rated the 100% liberal senator. He has no other skill than manipulation.

We will never recover from this enormous debt he’s putting on our posterity.

Like Lincoln, Wilson, FDR, Johnson, and Clinton, he’s taking us where we can’t get back from.

The American Experiment has failed.

Where will the new Revolution arise from?

When do the People again take to the barricades to fight for Freedom and Liberty?

Obama made a joke or threat to the Bankers saying “I am the only think between you and the pitchforks.” I’d take care Mister Politician. When the People get out the pitchforks as few of us my come after the Politicians and not the Bankers.

Beware the Devil’s bargain. And, the gooferment is that devil.

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GOVEROTRAGEOUS: The Government is arming the drug cartels?

Friday, April 3, 2009

http://www.lewrockwell.com/gaddy/gaddy54.html

Who Is Arming the Mexican Drug Cartels?
by Michael Gaddy

*** begin quote ***

Wednesday, on MSNBC, in an interview by Andrea Mitchell, New York Congressional Representative, Nita Lowey stated 97% of the guns in the hands of the Mexican drug cartels originated in the US. Representative Lowey, in her support for a new Assault Weapons Ban, alleges these firearms are coming from the American gun owner. She is correct in her assertion many of the firearms being used by the cartels are coming from Americans. They are, but, from the American taxpayer, not the American gun owner!

The fact is: the Mexican authorities have refused to release the serial numbers of weapons confiscated from drug cartel members. Releasing the serial numbers would implicate the corrupt governments of the US and Mexico and their involvement in arming the drug cartels.

Considering the above, it is my belief the Mexican drug cartels are procuring a large percentage of weapons from the world’s largest supplier of these weapons: the United States government!

*** end quote ***

Certainly sounds like it.

We could eliminate this non-sense by ending the “drug war” in the US.

Imagine a country where what you put in your body was your personal business.

End welfare and then there’s no illegal immigrants.

End the drug war and let WalMart become the nation’s “drug dealer”.

Bet they do a far better job of cleaning up the problem.

Bud and Miller route salesmen don’t shoot it out.

No more drug overdose deaths from drugs cut with rat poison or not cut at all.

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GOVEROTRAGEOUS: Charge Wounded Heroes for Treatment

Monday, March 23, 2009

http://news.yahoo.com/s/usnw/20090316/pl_usnw/the_american_legion_strongly_opposed_to_president_s_plan_to_charge_wounded_heroes_for_treatment

The American Legion Strongly Opposed to President’s Plan to Charge Wounded Heroes for Treatment
Mon Mar 16, 5:49 pm ET
Contact: Craig Roberts of The American Legion, +1-202-263-2982 Office, +1-202-406-0887 Cell

*** begin quote ***

WASHINGTON, March 16 /PRNewswire-USNewswire/ — The leader of the nation’s largest veterans organization says he is “deeply disappointed and concerned” after a meeting with President Obama today to discuss a proposal to force private insurance companies to pay for the treatment of military veterans who have suffered service-connected disabilities and injuries. The Obama administration recently revealed a plan to require private insurance carriers to reimburse the Department of Veterans Affairs (VA) in such cases.

“It became apparent during our discussion today that the President intends to move forward with this unreasonable plan,” said Commander David K. Rehbein of The American Legion. “He says he is looking to generate $540-million by this method, but refused to hear arguments about the moral and government-avowed obligations that would be compromised by it.”

*** end quote ***

Here come the “liberal” form of government and how it honors “social contracts”. You go fight for the gooferment and, when you come back hurt, that gooferment will bill your insurance company. That won’t make the insurance companies happy. (I’d expect litigation over that bill!)

Just like “federalizing” the National Guard. It’s a racket.

Argh!

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GOVEROTRAGEOUS: Why won’t the FED tell us? They don’t have to. It’s a private club!

Tuesday, March 17, 2009

http://www.lewrockwell.com/cummings/cummings60.html

Where Did the Money Go?
by Richard Cummings

*** begin quote ***

Fed Chairman Ben Bernanke has resisted calls from Congress that he release the names of the banks that were recipients of the bailout money the Fed gave to AIG to prevent it from collapsing. AIG insured its counterparties against losses from mortgage-backed derivatives. The Fed poured $85 billion into AIG, which paid out $37.3 billion of that money to counterparties that had purchased a certain type of derivative-based protection from AIG, called multi-sector credit default swaps.

*** end quote ***

Seems like a fair question.

So what rathole DID our money go down?

And, what rat got fat on it!

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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

*** begin quote ***

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.”

*** end quote ***

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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GOVEROTRAGEOUS: Obama’s birth certificate

Saturday, March 14, 2009

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=91283

BORN IN THE USA?
What congressmen say about eligibility
Lawmakers’ letters insist ‘president was born in Hawaii’
Posted: March 10, 2009 9:29 pm Eastern
By Bob Unruh

*** begin quote ***

Hawaiian officials have confirmed they have a birth certificate on file for Obama, but it cannot be released without his permission. He has refused that permission. And Hawaiian officials have not revealed what information the certificate contains.

*** end quote ***

Well, adjust my tin foil hat and call me kooky.

I guess that makes me a “birthist”.

See the first thing that the media does is give you a label and then they can dismiss you.

My fear is that I guess, like FDR and Pearl Harbor, we’ll have to wait 50 years to find out that O was NOT a US citizen!

Just because they label you, doesn’t make you wrong.

All to often today, they denigrate people who ask, often too politely, WTF!

“Quo Warranto”

Or in my parlance, “sez who!”
See the essence of the argument is the prima facie case, “What are you hiding Mister Obama?”
Until that is answered, it is not moot. It’s a scandal!
So much for “running the most open and transparent government”!
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GOVEROTRAGEOUS: Cramer (a leftist) points out how O doesn’t get it!

Wednesday, March 11, 2009

http://www.mainstreet.com/article/moneyinvesting/news/cramer-takes-white-house-frank-rich-and-jon-stewart?page=6

Posted March 09, 2009
Cramer Takes on the White House, Frank Rich and Jon Stewart
By Jim Cramer

*** begin quote ***

Suddenly, bloggers, opinion people, columnists and, yes, pundits who haven’t paid attention to anything I have been saying or writing for the past 18 months are all over me. Suddenly, I find myself in the center of a firestorm over Obama’s economic policies, taking enfilading fire from the “liberal” media (from serious columnist Frank Rich to entertainer Jon Stewart) while being defended by Rush Limbaugh, the standard-bearer for the Republicans.

*** and ***

The answer lies in the way the two administrations handled criticism.

The Bush administration, I believed, simply chose to ignore my warnings, perhaps because of a brutal combination of ideology, fecklessness and complacency.

*** and ***

President Obama’s team, unlike Bush’s team, demonstrates a thinness of skin that shocks me. When I somewhat obviously and empirically judged that the populist Obama administration is exacerbating the crisis with its budget and policies, as evidenced by the incredible decline in the averages since his inauguration, I was met immediately with condescension and ridicule rather than constructive debate or even just benign dismissal.

*** and ***

The markets thought he could stop it; hence the giant relief rally when he was elected. But in fewer than 50 days of his ascendancy, the markets’ hopes were totally dashed and the averages are now forecasting the worst decline since the Great Depression. As someone who listens to what the averages are screaming, I think they are accurately predicting the future.

I welcome any serious exchange with the administration on the issues that are not beyond my ken: fixing house price depreciation, stopping the destruction of wealth as demonstrated by the stock market’s plunge, and solving the banking crisis before we nationalize every bank.

*** and ***

It’s time to get serious. It’s time to take the issue from the pundits and from the left and right, and put it where it belongs: serious non-ideological debate to put out the real firestorm, the collapse of the economy from Wall Street to Main Street and the ensuing Great Wealth Destruction for all.

But if it stays ad hominem, we will all be betrayed and the train wreck will become inevitable.

*** end quote ***

The inept politicians from both sides of the aisle have destroyed the investments of most people. And, all we get from them is “spend more” and “borrow more”.

STOP!

You’re putting future generations in a hole they will never get out of.

Let the failures go bankrupt. Tough medicine.

We are training future generations NOT to invest.

I’ve had two conversations that are noteworthy.

A young woman has pulled out of her 401k because the losses have eaten into her employer’s contribution and hers. A doctor is moving from equities to bonds and his “financial advisor” at the brokerage house thought it was a good idea (i.e., he gets a commission on trades; not results).

The Market’s P/E ratio is either in or going into the single digits. (Last time that happened the market doubled in a year!) The “natural recovery” from a downturn has already begun. See the uptick in home sales as the “affordability” measure is it’s lowest in decades.

Note to O: (1) Reinstate the uptick rule. (2) Aim the corporate beggars to the bankruptcy courts. (3) Grab your various regulators and ask them to resign. (4) Eliminate Federal guarantees of ARMs, Interest only, and any mortgage that’s not 20% down 30 year fixed “conforming”. (4) Tell the FBI anf your Federal Prosecutors you want some FRAUD convictions for all the bad paper. (5) Tell the SBA that you want a plan to stimulate small business by the end of the day.

Cut the spending, cut the debt, cut the waste.

Argh!

Like that’s ever going to happen!

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GOVEROTRAGEOUS: “Never waste a good crisis”

Sunday, March 8, 2009

http://in.reuters.com/article/environmentNews/idINTRE5251VN20090306

Never waste a good crisis, Clinton says on climate

Sat Mar 7, 2009 1:44am IST

By Pete Harrison

*** begin quote ***

BRUSSELS (Reuters) – Secretary of State Hillary Clinton told an audience Friday “never waste a good crisis,” and highlighted the opportunity of rebuilding economies in a greener, less energy-intensive way.

*** end quote ***

The socialists, who want to boss us around, are rubbing our nose in it.

They think it’s good policy.

The sheeple don’t even notice it.

Time for a tax revolt.

“Never waste a good crisis” to force some of the slugs out of office.

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GOVEROUTRAGEOUS: Ron Paul 03/04 “The end of the war in Iraq is not near!”

Friday, March 6, 2009

http://www.lewrockwell.com/blog/lewrw/archives/025672.html

http://www.youtube.com/watch?v=GmCquxzz3-M&eurl=http://www.lewrockwell.com/blog/lewrw/archives/025672.html&feature=player_embedded

Ron Paul 03/04: The end of the war in Iraq is not near!

# – # – #

It’s outrageous that the government would lie so blatantly. Obama ran as the “anti-war” candidate. That allowed him to slip in on Hillary’s left flank. THe American people outraged at the Republicans whisked him into office. Only to find, he IS that 100% liberal they were warned about, NOT REALLY anti-war at all, and a typical Chicago crook appointing all the same old same old crooks.

Outrageous!

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