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Author Archives: Pierre Legrand

Angelo M. Codevilla Beclowns Himself And The American Spectator…Sez We Should Just Open The Borders With Mexico and Rejoice In The Multiculturalness Of It All!

Goddamn Clown…sorry that is harsh but that is the only way to describe a person who honestly cannot see the damage that has already been done to this country by the influx of handout seeking Mexicans fleeing the damage they caused to their own country. Now they want to visit the same woe and misery onto our country. California has been destroyed largely by the idiocy of liberals giving handouts to illegal aliens and the crime that those folks brought with them from their crime ridden pesthole of a country. Here is the article…shit that it is.

Pro-Mexico By Angelo M. Codevilla from the June 2009 issue

For better, for worse, for richer, for poorer, in sickness and in health, whether anybody likes it or not, the United States and Mexico are joined at the Rio Grande until the stars fall from the sky. What Geography hath joined together, let no man even think of putting asunder. There is no comparison between living alongside neighbors and relatives who are friendly and helpful, and by folks who are troubled or who wish us ill. Canada’s position is analogous. But whereas Canada’s aging 30 million are comfortable in their identity, the national identity of Mexico’s 110 million largely young and vigorous people is up for grabs. The American Spectator : Pro-Mexico

Of the top 78 folks wanted for murder by the FBI fully 48 of them are of Mexican descent. Some of you are right now bellowing some crap about my being racist. Bullshit. There is absolutely nothing wrong with wondering why we must be forced to accept the entire Mexican population as citizens when the track record right this very moment SUCKS. Welfare in California is swamped by illegal aliens. The wanted lists in every state with a significant Mexican population is swamped with folks of Mexican descent. As it stands in the most recent statistics available from the Justice department 44% of state and federal inmates were Hispanic and 23% of all state and federal inmates were non-citizens. Admittedly we cannot break out exactly how many were Mexicans since Justice doesn’t keep track but Mexicans make up 64% of the Hispanic population and Mexicans make up 9% of the United States…

Illegal Immigrant Gangs Commit Most U.S. Crime

Last Updated: Fri, 01/30/2009 – 4:23pm

Criminal street gangs—mostly comprised of illegal immigrants—are responsible for the majority of violent crimes in the United States and are the primary distributors of most illicit drugs.

The alarming, but not surprising, information is revealed in a new report published by the Justice Department’s National Gang Intelligence Center (NGIC), an FBI task force created in 2005 to curb the growing threat of violent gangs in the U.S. The NGIC teams up with state and local law enforcement agencies throughout the nation to enforce, study and intercept gangs and has published several reports documenting their activities.

The agency’s latest publication has not been made public but a national newspaper revealed some of its findings this week. It says that up to 80% of crime in the U.S. is committed by gangs and that gang membership in this country has grown to 1 million, an increase of 200,000 in the last few years.

Additionally, gangs are the "primary retail-level distributors of most illicit drugs" in the U.S. and several are sophisticated enough to compete with major Mexican drug-trafficking cartels. Most of the country’s state and local enforcement agencies have reported gang activity in their jurisdiction and the problem will only get worse, according to the FBI.

In fact, a high-ranking FBI director said gangs have followed the migration paths of illegal alien laborers to avoid big-city police departments that have cracked down on their activities. An example is the notoriously violent Salvadoran gang known as Mara Salvatrucha or MS-13, which has spread throughout the U.S.—to at least 42 states—and continues expanding.

In 2008 alone MS-13 members, all illegal immigrants with previous criminal records, committed atrocious crimes that received ample media coverage. In San Francisco an MS-13 gang banger murdered a father and son with an assault weapon because their car blocked his from making a turn. In Los Angeles an MS-13 member just released from prison murdered a high school football star as the teen jock walked home from the mall. In Maryland a 14-year-old honors high school student was shot to death on a crowded public bus by a Salvadoran illegal alien who proudly revealed he belonged to the MS-13.

For more evidence we need only look at Mexico and it’s crime problem. It is nearly at the very top of everyone’s list of shitty countries. Heck it sits up there with Pakistan as one of two countries most likely to fail.

If we want to help Mexico how about we legalize drugs which would take away the power of the drug cartels that are right this second destroying what used to be a decent country? 

"Starve The Beast" – Boycott! Boycott Them All Until Accountability Is Not Something That Only The Unfavored Are Subject To!

 

Cut your spending! Cut it a bunch or just cut it 10% but cut it. Imagine the signal that will send to the Government!

I am IN!

 

"Starve The Beast" – July 4th, 2009 – The Market Ticker

More Good News On World As We Know Is Ending And I Feel Fine! Hey Fella Can You Spare A Packet Of Pasta?

“I think it’s important people start recognizing what a big threat this is. This could mean world famine. This is quite the deal,” said Rob Graf, a research scientist with Agriculture and Agri-Food Canada’s research centre in Lethbridge, Alta.

Well Gee Maybe We Should Start Making Money? You Know The Real Kind…Produce Goods, Mine Minerals, Drill For Oil, Not Spend Money Except To Make More…

Nah let’s just borrow some more money from the Chinese…ooops they have decided to stop lending. Well then lets just sit around like a bunch of crying babies asking for handouts like the Government has trained so many of our fellow citizens to do. Oops that won’t work either!

This huge mass of debt, which would stifle economic growth and reduce the American standard of living, can be avoided only through spending cuts, tax increases or some combination of the two. And the longer government waits to get its financial house in order, the more it will cost to do so, the CBO says.

The CBO’s new long-term forecast is considerably more pessimistic than the one it issued 18 months ago, mostly because of the recession, which has driven the budget deficit above 12 percent of GDP. But the report makes clear that the recent economic downturn did not cause the government’s predicament and that the situation will not necessarily improve once the economy does. The principal cause of long-term fiscal distress is the aging of the U.S. population, coupled with rising health-care costs — which, together, will drive spending on Medicare, Medicaid and Social Security to new heights. Unchecked, federal spending on Medicare and Medicaid combined will grow from almost 5 percent of GDP today to almost 10 percent by 2035 — and to more than 17 percent of GDP by 2080. The Debt Tsunami – washingtonpost.com

More Money Down The Drain…Freddie and Barney Frank Making Sure That We All Go Broke!

When you steal $1,000 it is a crime, when you steal trillions it is a statistic! I am from the government and I am here to help!

The Radio Patriot: EIGHT IS ENOUGH

Andrea over at the Radio Patriot nails those republican fools who allowed this outright theft to pass. We have your pictures, we know who you are and you can bet we will work to fire your dumb asses come 2010.  The Radio Patriot: EIGHT IS ENOUGH

Quiet, Army of David’s At Work! Zero Hedge Calls On Them To Police Financial Criminals and Thieves…

Critical update: Zero Hedge thrives on its proactive readers, yet I never expected a barrage of information such as the one I received since posting this. In the hundreds of emails received over the past several hours, much of it from current industry insiders, a substantial portion is likely actionable, and upon further refinement, enforceable.

Zero Hedge will filter the data and forward our work product directly to appropriate Attorney General offices and local FBI branch offices. In retrospect, approaching the SEC and FINRA is futile, as they are both as much an integral part of the system as the perpetrators they are supposed to protect against. We’re slowly learning that fact. And we are very, very pissed off.

Everything Old Is New Again! “Steal $500 from a politician and it is a crime, steal a trillion and it is a statistic”

The more things change the more they stay the same…

“The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.”
— Cicero – 55 BC

That was a comment at the always interesting Fabius Maximus when Fabius asked how to fix what is broke in the United States.

Ironically here is the comment that was directly below.

Agenda as follows:
1. Get out of Afghanistan. There’s no threat there, and it’s too expensive.
2. Reform health care, and socialize all its costs. Lower payments to doctors, hospitals, and pharmaceutical companies.
3. Adopt diversified energy policy to provide a wide base of energy sources. Modernize electrical grid.
4. Establish 40 year plan to update and modernize rail freight and passenger services. Make work and make something at the same time.
5. Re-balance income equities through a combination of much higher taxes on the well-off and much higher wages for the less well-off.
6. Invest in highest quality educational infrastructure: schools as edifices. Increase teacher standards, teacher training, and teacher pay.
7. Get banking in line. After defense and space exploration, no sector is as dependent on government support as the financial sector. How the hell do those guys pay themselves so much money?
Write the White House, contact your congressmen, badger the media. Work, work, work.

That has to be Rahm Emanuel’s sock puppet since that list is right out of the Obama playbook and it is what will kill this country.

What is wrong with this country is us.

We have become corrupt, fat, lazy, scared, disgusting individuals who believe that somehow the greatness of our ancestors rubs off on us without our having to endure any of the privations that forged our ancestors. We are more interested in box scores than politicians, even when those politicians are engaged in a theft so massive that no one can believe it. We pay more attention to yards gained than we do to laws broken. We pay more attention to points scored than we do to freedoms lost. We get more upset by victory’s of sports teams than the losses at the hands of corrupt politicians of our pension funds.

Perhaps we should apply Stalin’s quote: “One death is a tragedy. A million deaths is a statistic.” it seems that our politicians are using this line of thinking regarding our money.

“Steal $500 from a taxpayer and it is a crime, steal a trillion and it is a statistic”.

Louisiana Legislature Beclowns All Of Us In The State…Not One Legislator Objected To This Trash Being Displayed In Our State’s Government!

Look what spilled out in our state’s legislature the same day that our magnificent college baseball team was winning the National Championship. Thank you so much you bunch of clowns for tainting a incredible achievement with this garbage. And keep in mind that the rules were changed for this to occur.

Here is just a small sampling of what these dumb asses in our legislature bent the rules to allow. I won’t post all of the lyrics/spew because it is too vulgar…but it was sung in our legislature. Poetic isn’t it?

She fine den a bitch, ass and her tits
Thick in tha hips every nig want her
Call her Halle Berry, Halle berry
Halle Berry, Halle berry
She walkin like a model
Hands on your knees
Scrub the ground
She ain’t nothing but a tease
Halle Berry, Halle berry
Halle Berry, Halle berry

Green Shoots…err Maybe Not. Red Book Retail Index Going Down Down Down Down!

Zero Hedge explains this better than I can so get on over there to read all about it! Sure doesn’t look good for retail sales!

The Johnson Redbook Index is a sales-weighted year-over-year same-store sales growth in a sample of large US general merchandise retailers representing about 9,000 stores. Same-store sales are sales in stores continuously open for 12 months or longer. By dollar value, the index represents over 80% of the equivalent ‘official’ retail sales series collected and published by the US Department of Commerce. Redbook compiles the index by collecting and interpreting performance estimates from retailers. The index and its sub-groups are sales-weighted aggregates of these estimates.

 [redbook2.jpg]

HT: Zero Hedge

The Beat Goes On…More Bad News For Boeing: Sea Launch Files For Bankruptcy…The Beat Goes On!

From Zero Hedge some more bad news…especially for fans of the private efforts to reach space.

Commercial satellite-launch services provider Sea Launch, which is 40% owned by 787 on time manufacturer extraordinaire, Boeing, filed for bankruptcy last night in Delaware (09-12513). The Long Beach company which has used the Kazakhstan Baikonur Space Center for rocket launches in the past, has listed liabilities of over $1 billion. Zero Hedge: More Bad News For Boeing: Sea Launch Files For Bankruptcy

Do You Know Where Your Money Is Tonight? Of The 92 Listed FDIC Banks to Fail Since 2000 62 Have Failed In The Past 12 Months, 40 This Year! Hope and Change!

Oops sorry those numbers are wrong…it’s 97 FDIC Banks failed, 67 failing in the past 12 months and 45 this year. Just this past Friday 5 more went under water. Gosh I feel all hopey changey!

I am so totally sure that the wizards who have managed to create conditions terrible enough to kill all these banks know JUST what to do to fix this mess. Yea TOTALLY SURE all those assclown in our government both elected and the bureaucrats know JUST what to do! Hey how about those wild and crazy guys in our government take a break from saving us. If these assclowns were throwing you a life-preserver they would hit you on the head with it then run over you with the boat…then when they stopped to look for you they would drop the anchor on you.

Pretty soon this mess is going to start looking deliberate and that will get ugly fast.

  1. First National Bank of Anthony, Anthony, KS June 19, 2009
  2. Cooperative Bank, Wilmington, NC June 19, 2009
  3. Southern Community Bank, Fayetteville, GA June 19, 2009
  4. Bank of Lincolnwood, Lincolnwood, IL June 5, 2009
  5. Citizens National Bank, Macomb, IL May 22, 2009
  6. Strategic Capital Bank, Champaign, IL May 22, 2009
  7. BankUnited, FSB, Coral Gables, FL May 21, 2009
  8. Westsound Bank, Bremerton, WA May 8, 2009
  9. America West Bank, Layton, UT May 1, 2009
  10. Citizens Community Bank, Ridgewood, NJ May 1, 2009
  11. Silverton Bank, N.A., Atlanta, GA May 1, 2009
  12. First Bank of Idaho, Ketchum, ID April 24, 2009
  13. First Bank of Beverly Hills, Calabasas, CA April 24, 2009
  14. Michigan Heritage Bank, Farmington Hills, MI April 24, 2009
  15. American Southern Bank, Kennesaw, GA April 24, 2009
  16. Great Basin Bank of Nevada, Elko, NV April 17, 2009
  17. American Sterling Bank, Sugar Creek, MO April 17, 2009
  18. New Frontier Bank, Greeley, CO April 10, 2009
  19. Cape Fear Bank, Wilmington, NC April 10, 2009
  20. Omni National Bank, Atlanta, GA March 27, 2009
  21. TeamBank, National Association, Paola, KS March 20, 2009
  22. Colorado National Bank, Colorado Springs, CO March 20, 2009
  23. FirstCity Bank, Stockbridge, GA March 20, 2009
  24. Freedom Bank of Georgia, Commerce, GA March 6, 2009
  25. Security Savings Bank, Henderson, NV February 27, 2009
  26. Heritage Community Bank, Glenwood, IL February 27, 2009
  27. Silver Falls Bank, Silverton, OR February 20, 2009
  28. Pinnacle Bank of Oregon, Beaverton, OR February 13, 2009
  29. Corn Belt Bank and Trust Company, Pittsfield, IL February 13, 2009
  30. Riverside Bank of the Gulf Coast, Cape Coral, FL February 13, 2009
  31. Sherman County Bank, Loup City, NE February 13, 2009
  32. County Bank, Merced, CA February 6, 2009
  33. Alliance Bank, Culver City, CA February 6, 2009
  34. FirstBank Financial Services, McDonough, GA February 6, 2009
  35. Ocala National Bank, Ocala, FL January 30, 2009
  36. Suburban Federal Savings Bank, Crofton, MD January 30, 2009
  37. MagnetBank, Salt Lake City, UT January 30, 2009
  38. 1st Centennial Bank, Redlands, CA January 23, 2009
  39. Bank of Clark County, Vancouver, WA January 16, 2009
  40. National Bank of Commerce, Berkeley, IL January 16, 2009
  41. Sanderson State Bank, Sanderson, TX December 12, 2008
  42. Haven Trust Bank, Duluth, GA December 12, 2008
  43. First Georgia Community Bank, Jackson, GA December 5, 2008
  44. PFF Bank and Trust, Pomona, CA November 21, 2008
  45. Downey Savings and Loan, Newport Beach, CA November 21, 2008
  46. The Community Bank, Loganville, GA November 21, 2008
  47. Security Pacific Bank, Los Angeles, CA November 7, 2008
  48. Franklin Bank, SSB, Houston, TX November 7, 2008
  49. Freedom Bank, Bradenton, FL October 31, 2008
  50. Alpha Bank & Trust, Alpharetta, GA October 24, 2008
  51. Meridian Bank, Eldred, IL October 10, 2008
  52. Main Street Bank, Northville, MI October 10, 2008
  53. Washington Mutual Bank, Henderson, NV and Washington Mutual Bank FSB, Park City, UT September 25, 2008
  54. Ameribank, Northfork, WV September 19, 2008
  55. Silver State Bank, Henderson, NV September 5, 2008
  56. Integrity Bank, Alpharetta, GA August 29, 2008
  57. The Columbian Bank and Trust, Topeka, KS August 22, 2008
  58. First Priority Bank, Bradenton, FL August 1, 2008
  59. First Heritage Bank, NA, Newport Beach, CA July 25, 2008
  60. First National Bank of Nevada, Reno, NV July 25, 2008
  61. IndyMac Bank, Pasadena, CA July 11, 2008
  62. First Integrity Bank, NA, Staples, MN May 30, 2008
  63. ANB Financial, NA, Bentonville, AR May 9, 2008
  64. Hume Bank, Hume, MO March 7, 2008
  65. Douglass National Bank, Kansas City, MO January 25, 2008
  66. Miami Valley Bank, Lakeview, OH October 4, 2007
  67. NetBank, Alpharetta, GA September 28, 2007
  68. Metropolitan Savings Bank, Pittsburgh, PA February 2, 2007
  69. Bank of Ephraim, Ephraim, UT June 25, 2004
  70. Reliance Bank, White Plains, NY March 19, 2004
  71. Guaranty National Bank of Tallahassee, Tallahassee, FL March 12, 2004
  72. Dollar Savings Bank, Newark, NJ February 14, 2004
  73. Pulaski Savings Bank, Philadelphia, PA November 14, 2003
  74. The First National Bank of Blanchardville, Blanchardville, WI May 9, 2003
  75. Southern Pacific Bank, Torrance, CA February 7, 2003
  76. The Farmers Bank of Cheneyville, Cheneyville, LA December 17, 2002
  77. The Bank of Alamo, Alamo, TN November 8, 2002
  78. AmTrade International Bank of Georgia, Atlanta, GA September 30, 2002
  79. Universal Federal Savings Bank, Chicago, IL June 27, 2002
  80. Connecticut Bank of Commerce, Stamford, CT June 26, 2002
  81. New Century Bank, Shelby Township, MI March 28, 2002
  82. Net 1st National Bank, Boca Raton, FL March 1, 2002
  83. NextBank, N.A., Phoenix, AZ February 7, 2002
  84. Oakwood Deposit Bank Company, Oakwood, OH February 1, 2002
  85. Bank of Sierra Blanca, Sierra Blanca, TX January 18, 2002
  86. Hamilton Bank, N.A., Miami, FL January 11, 2002
  87. Sinclair National Bank, Gravette, AR September 7, 2001
  88. Superior Bank, FSB, Hinsdale, IL July 27, 2001
  89. The Malta National Bank, Malta, OH May 3, 2001
  90. First Alliance Bank & Trust Company, Manchester, NH February 2, 2001
  91. National State Bank of Metropolis, Metropolis, IL December 14, 2000
  92. Bank of Honolulu, Honolulu, HI October 13, 2000
    FDIC: Failed Bank List

Thank you FDIC for this terrific list…hey you know what? How much money does the FDIC have in the coffers, after all insuring all these failed banks has to cost some money.

WASHINGTON — Federal Deposit Insurance Corp. Chairman Sheila Bair said Tuesday her agency might have to borrow money from the Treasury Department to see it through an expected wave of bank failures.

Well hell the Treasury has a bunch of money doesn’t it? How are those auctions going again? heh…Gosh I wish I would have thought of this scam. I sell bullshit to myself…only an expert would dream that shit up. And I am making a profit every time I gather up enough balls to pull this scam off. Madoff is going to jail for this crap but our government stands up and brags about it.

The Fed Buying What the Treasury’s Selling

Doh!!! Tomorrow is another Treasury auction and to prepare our fearless Fed is buying while our Treasury is selling. How does that work? Two separate sets of books. The former injects reserves into the system by buying Treasury debt and counts it as an (cough) asset. While the latter sells debt which is a responsibility of the taxpayer. It’s that credit/debit deal. Make sense to you? Tony Soprano knows how this works since he cooked the books and got the vig.

Gosh I feel those green shoots sprouting up all over the place!

Timmy Geithner Comes Up With Brilliant Plan To Save The Nation! Obama Really IS God!

Thank goodness we have experts like Timmy in Washington DC since stuff like this almost seems likely!


US To Trade Gold Reserves For Cash Through Cash4Gold.com

Hope and Change…Record Unemployment in 8 States! Weeeeee isn’t this fun? Thanks a bunch Obama Voters!

In Obama’s defense "Obama said The US Economy is not the economy he knew for 20 years.”

8 states see record unemployment rates in May

WASHINGTON (AP) — The unemployment rates in eight states hit record-highs last month and only two — Nebraska and Vermont — did not report increases.

The Labor Department says 48 states and the District of Columbia saw employment conditions deteriorate last month. The fallout from the longest recession since World War II, was the worst in Michigan. Its unemployment rate rose to 14.1 percent. 8 states see record unemployment rates in May – Yahoo! Finance

Green Shoots? Sure take a look at these charts from Vox’s post a Tale of Two Depressions. (Hat tip Atlantic’s Derek Thompson) Let’s just ignore the silly idea that more debt will lead us out of this disaster and concentrate on the disaster in the making. We are well and truly screwed…

World Industrial Output Compare and Contrast Depressions World Stock Markets Compare and Contrast Depressions
Volume of World Trade Compare and Contrast Depressions Central Bank Discount Rates Compare and Contrast Depressions

 

Industrial output, four big Europeans, then and now

Industrial output, four big Europeans, then and now

Yea things are looking FABULOUS! Green Shoots popping up all over the place…

About the idea that spending money will fix this…err no. If you want to find out what is going to happen and if you really want to know how to fix this then you have to listen to those folks who called this disaster in the first place. Start with Peter Schiff then move to this which is an essential piece of the puzzle. Why listen to folks whose premises about the economy have been wrong all along? To predict the future in economics you have to at least prove that you were successful in the past. Why listen to economists who were predicting nonsense like this:

February 28, 2007 – Dow Jones @ 12,268

March 13th, 2007 – Henry Paulson: “the fallout in subprime mortgages is "going to be painful to some lenders, but it is largely contained."
March 28th, 2007 – Ben Bernanke: "At this juncture . . . the impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained,"

March 30, 2007 – Dow Jones @ 12,354

April 20th, 2007 – Paulson: "I don’t see (subprime mortgage market troubles) imposing a serious problem. I think it’s going to be largely contained." , "All the signs I look at" show "the housing market is at or near the bottom,"

April 30, 2007 – Dow Jones @ 13,063

May 17th, 2007 – Bernanke: “While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.”

May 31, 2007 – Dow Jones @ 13,627

June 20th, 2007 – Bernanke: (the subprime fallout) “will not affect the economy overall.”
July 12th, 2007 – Paulson: "This is far and away the strongest global economy I’ve seen in my business lifetime."
August 1st, 2007 – Paulson: "I see the underlying economy as being very healthy,"
October 15th, 2007 – Bernanke: "It is not the responsibility of the Federal Reserve – nor would it be appropriate – to protect lenders and investors from the consequences of their financial decisions."

December 31, 2007 – Dow Jones @ 13,265
January 31, 2008 – Dow Jones @ 12,650

February 14th, 2008 – Paulson: (the economy) "is fundamentally strong, diverse and resilient."

Let’s jump ahead since my head will explode if I have to read too much of these clowns bullshit. Keep in mind that this was the consensus opinion of mainstream Keynesian economists.

Where did they end up?

August 10th, 2008 – Paulson: “We have no plans to insert money into either of those two institutions.” (Fannie Mae and Freddie Mac)
September 8th, 2008 – Fannie and Freddie nationalized. The taxpayer is on the hook for an estimated 1 – 1.5 trillion dollars. Over 5 trillion is added to the nation’s balance sheet.

September 16th, 2008 – $85 Billion AIG Bailout “Loan”

September 19th, 2008 – $700 Billion Bailout Plan Announced
September 19th, 2008 – Paulson: "We’re talking hundreds of billions of dollars – this needs to be big enough to make a real difference and get at the heart of the problem," he said. "This is the way we stabilize the system."
September 19th, 2008 – Bernanke: "most severe financial crisis" in the post-World War II era. Investment banks are seeing "tremendous runs on their cash," Bernanke said. "Without action, they will fail soon."
September 21st, 2008 – Paulson: "The credit markets are still very fragile right now and frozen", "We need to deal with this and deal with it quickly.", "The financial security of all Americans … depends on our ability to restore our financial institutions to a sound footing."
September 23rd, 2008 – Paulson: "We must [enact a program quickly] in order to avoid a continuing series of financial institution failures and frozen credit markets that threaten American families’ financial well-being, the viability of businesses, both small and large, and the very health of our economy,"
September 23rd, 2008 – Bernanke: "My interest is solely for the strength and recovery of the U.S. economy,"

October 31, 2008 – Dow Jones @ 9,337
March 31, 2009 – Dow Jones @ 7,609

Great Job Guys! Yea let’s listen to folks like these two clowns. Well Hope and Changey exchanged Tim Geitner for Paulson at the Treasury…so now we are being led by a person who not only has the same corrupt philosophy as Paulson but who is also a tax cheat. Yea that is a good idea. And yes both of them share the same statist philosophy.

Now explain to me how anyone believes that Obama is trying to do anything except SINK THIS COUNTRY!

The History of the Veil of Lies From Bernanke and Paulson!

Because Maybe You Might Be Believing That Bullshit About Green Shoots…Keep Your Powder Dry, Buy Ammo, Food and A Bug Out Spot…This Ain’t Even Started Being Bad Yet! These clowns are more clueless than the 3 Stooges.

Austrian Filter nails the lying hides of Paulson and Bernanke to the wall so you can study their bullshit up close and personal. Bastards should be in Jail!

February 28, 2007 – Dow Jones @ 12,268
March 13th, 2007 – Henry Paulson: “the fallout in subprime mortgages is "going to be painful to some lenders, but it is largely contained."
March 28th, 2007 – Ben Bernanke: "At this juncture . . . the impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained,"
March 30, 2007 – Dow Jones @ 12,354
April 20th, 2007 – Paulson: "I don’t see (subprime mortgage market troubles) imposing a serious problem. I think it’s going to be largely contained." , "All the signs I look at" show "the housing market is at or near the bottom,"
April 30, 2007 – Dow Jones @ 13,063
May 17th, 2007 – Bernanke: “While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.”
May 31, 2007 – Dow Jones @ 13,627
June 20th, 2007 – Bernanke: (the subprime fallout) “will not affect the economy overall.”
July 12th, 2007 – Paulson: "This is far and away the strongest global economy I’ve seen in my business lifetime."
August 1st, 2007 – Paulson: "I see the underlying economy as being very healthy,"

October 15th, 2007 – Bernanke: "It is not the responsibility of the Federal Reserve – nor would it be appropriate – to protect lenders and investors from the consequences of their financial decisions."
December 31, 2007 – Dow Jones @ 13,265
January 31, 2008 – Dow Jones @ 12,650
February 14th, 2008 – Paulson: (the economy) "is fundamentally strong, diverse and resilient."

Read the whole thing over at Austrian Filter. Hat Tip Zero Hedge.

Austrian Filter: Zero Credibility

Danger Will Robinson! China Suffering Water and Food Shortages…Eric deCarbonnel Wonders How Long It Will Take The Chinese To Realize That Their US Cash Reserves Could Solve This Issue? Gee That Might Be a Bad Thing for Bernanke’s Plan on keeping all that inflation locked up.

 

Drought Creates Water And Food Shortages For 1.37 Million In China

by Eric deCarbonnel

China Daily reports that drought creates water and food shortages for 1.37 million in China.

Water, food shortages for 1.37m after drought (Xinhua)
YINCHUAN — Sustained drought over the past seven months has caused water and food shortages for more than 1.37 million people in northwest China’s Ningxia Hui Autonomous Region, the local government said Monday. Market Skeptics

If you are NOT reading Market Skeptics the following is the sort of analysis you are missing.

The world is facing a catastrophic fall in global food production in 2009, and these Chinese food shortages are evidence of this. It is only a matter of time before China starts importing more grains, driving up world food prices.

As I reported back in January, Hunger trumps unemployment. Chinese authorities, when faced with the choice of millions of unemployed workers and millions of hungry workers, will choose to sacrifice exporters and the dollar peg.

Not only will the Chinese entering the market for wheat drive up prices but all those dollars that have been safely locked away as Bernanke has hoped will be running around making havoc by too many dollars chasing too few goods. Here is Ron Paul discussing the problem with Bernankeit gets ugly for dear old Ben.

Oliver is sick of this crap, We are long past sick of the delusions of the left. | Pierre Legrand’s Pink Flamingo Bar

Got a Instalaunch last night for an old post defending him. Re-read the post this morning and decided it is still relevant, more than ever. Click the link below to see a post written September 4, 2004.

Oliver is sick of this crap, We are long past sick of the delusions of the left.

UPDATED: It didnt really sink in that Oliver Willis works for that paragon of Media Objectivity funded by that pillar of the community George Soros. This is the best that Media Matters can do? I have also added a comment that was left about this post to the post itself. I thought it was a terrific comment and want to encourage that sort of thing. Please find it attached to the bottom of this post. Thanks again Instapundit and Ace of Spades.

Not sure why I ended up at this site but I had to respond. Oliver in bold and block-quoted.

Well Oliver Willis let me assure you, those of us on the right are even more sick of delusional leftists who are so blinded by their hatred of President Bush that they are willing to make this stuff up as they go.
Sick of this Crap Oliver Willis Oliver is sick of this crap, We are long past sick of the delusions of the left. | Pierre Legrand’s Pink Flamingo Bar

My defense of the invasion of Iraq and Afghanistan is worth seeing again. Hell even I have forgotten some of the great reasons we went in an killed that old bastards government. Bravo George W. Bush!

NOTICE THE GREEN BAND? I SUPPORT THE IRANIAN REVOLT!

NOTICE THE GREEN BAND? I SUPPORT THE IRANIAN REVOLT! 

Pierre Legrand’s Pink Flamingo Bar

Stock Market Manipulation? Gee That Wouldn’t Be A Very Good Thing…Kinda Funny How The Market Went Down Right When Obama Needed It and Went Up When He Needed! Maybe He Really Is GOD! Obama Is God! Nah…

Stock Market manipulation? Fantasy? Tin Foil territory? Maybebut if someone asked you 3 years ago to believe that Bear Stearns, GM, Lehman Brothers, and other so-called paragons of US Corporate might would be gone in 2009 would you have thought it was tin foil ranting?

Take a look at this article over at AtlanticThe Quiet Coup written by an IMF Economist. Dont much like his solutions but his diagnosis sounds spot on. Now after you have done that take a look at this terrific article at Zero Hedge.

Zero Hedge Exclusive: Is State Street Trading For Federal Accounts?

Posted by Tyler Durden at 9:54 AM

Zero Hedge has always been fascinated by the behemoths of securities lending (or not so much lately) State Street and Bank Of New York: these firms, which allegedly had just marginal toxic exposure, were in the front lines for the TARP bailout and have traditionally been handled with velvet gloves by the administration. In fact, many would say the custodian firms are in a league of importance much higher than even Goldman or JP Morgan as with their repo activity, security lending and cash collateral reinvestment, they are the de facto center of the shadow banking system.
A Cliff notes version of the stock lenders’ Modus Operandi, sent in compliments of a reader:

  • In the securities lending arb, stocks and bonds are lent out by custodians and investment managers. The loan is collateralized by the borrower with cash, the lender promises the borrower a return on that cash and then invests the cash in repo and short-term debt at a spread to that promised rate of return. The sec lending market is in the trillions. This market is basically rolling overnight repo right now as it tries to dig itself out of the MTM/liquidity hole.
  • Many of the Fed/Treasury balance sheet efforts have been basically attempts to supplant securities lenders. Sec lending funds were the biggest buyers of 1-3yr FRNs (hence, TLGP). Lenders were also the biggest buyers of AAA cards and autos (read TALF 1.0). They were the second-biggest buyers of ABCP after 2a7 funds (ergo AMLF). Indirectly they were the largest funder of LT2 bank debt (via SIVs MTNs). They’re large repo counerparties, and did everything from short-dated CDS to liquidity put options on Canadian levered super-senior CDOs.
  • Many stock lending funds, which have similar accrual accounting regimes to ‘40 Act money-market funds, have broken the buck but are still trading at $1. for example see the section beginning "We may be exposed to customer claims" on p.11. What does this mean? Not only are certain securities lending providers opening themselves up to significant litigation risk but, importantly, clients in stocks can’t reallocate to bonds (or vice-versa), since the sec lending funds aren’t letting them out (except in-kind). Finally, of course, as long as sec lenders remain hurt but unsupplanted, they stay short duration, which extracts hundreds of billions of $$ in term financing capacity out of the market. Fed won’t act as a lender of last resort since they’re still smarting from the AIG sec lending bail-out they didn’t see coming. Zero Hedge: Zero Hedge Exclusive: Is State Street Trading For Federal Accounts?

Bunch of F%&king Crooks And I Mean Politicians In General…They Manipulate The Market Then Cash In On It!

Pierre Legrand’s Pink Flamingo Bar

If there were any justice in this country this bastard would be getting sent to jail.

As U.S. stock markets plummeted last September, the Senate’s No. 2 Democrat, Dick Durbin, sold more than $115,000 worth of stocks and mutual-fund shares and used much of the money to invest in Warren Buffett’s Berkshire Hathaway Inc.

The Illinois senator’s 2008 financial disclosure statement shows he sold mutual-fund shares worth $42,696 on Sept. 19, the day after then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke urged congressional leaders in a closed meeting to craft legislation to help financially troubled banks. The same day, he bought $43,562 worth of Berkshire Hathaway’s Class B stock, the disclosure shows.

Click to enlarge image

(AP)

Altogether, Durbin sold investments worth $116,000 in September. By Oct. 2, he had invested $98,046 in Omaha, Neb.-based Berkshire Hathaway, the form shows.

The Standard & Poor’s 500 index plunged 4.7 percent last Sept. 15 after the bankruptcy of Lehman Brothers Holdings Inc. and Bank of America Corp.’s government-engineered takeover of Merrill Lynch & Co. By the end of October, the index had fallen 22.6 percent.

"Durbin was doing what a lot of other people were doing, taking a look at their savings" and seeing it "start to tank and trying to preserve some level of wealth by getting out of the market," said his spokesman, Joe Shoemaker.

Shoemaker said Durbin didn’t capitalize on anything Paulson and Bernanke told congressional leaders at the Sept. 18 meeting.

Whatever information Paulson gave lawmakers wasn’t secret or classified and was disclosed publicly the next day, Shoemaker said. Durbin cashed out during big stock collapse :: CHICAGO SUN-TIMES :: News

Anger Management Brought To You By A Chinese Microwave…Is There NOTHING The Chinese Cannot Do?

Bubba is pissed and I am betting you are tooride along with this very pissed off dude. He makes some valid points along the way and kills a bunch of Chinese shit as well.

YouTube – microwave oven made in peoples republic of china

JAPAN’S INTERIOR MINISTER GONE BECAUSE OF DISCOVERY OF $134 Billion IN US BONDS DISCOVERED IN FAILED SMUGGLING ATTEMPT? HUSH HUSH…LET’S NOT PANIC THE REST OF THE US BOND HOLDERS!!!

So this story is looking pretty bad right about nowmy feeling is that the second largest US Bond holder, Japan, was trying to unload the bonds. The probable buyer was the US Government itself since above all the US must prevent a panic sell off of US Treasury Bonds. Additionally no government in the world WANTS a run on US Treasuries since so many hold them. It isnt because they are our allies but merely self interest. If you are holding something you believe will be worthless shortly and you are a Foreign Government holding huge amounts of that soon to be worthless paper then you start trying to unload them anyway you can. And you do it as quietly as possible so that the price holds up. The price here is defined by the value of the dollar. If it were known that the Japanese government was unloading US Bonds in such a fashion the US dollar would collapse leading to the collapse in the value of the rest of the bonds the Japanese and others hold.

Given that the Federal Reserve has already BEEN buying US Treasury Bonds it stands to reason that they are probably trying to buy up those bonds in foreign hands quietly to avoid any sort of panic run.

If my hypothesis is correct we are very close to collapse. If you have doubts about this story then consider the highlighted portion of this post

Seizure of US government bonds from two Japanese men in Italy raises questions

Seized US bonds are worth US$ 134.5 billion. The whole affair touches a number of economic and political issues. For some the resignation of Japans Interior minister might be related to it.

Milan (AsiaNews) There have been new developments with regards to the story of US$ 134.5 billion in US government bonds seized by Italys financial police at Ponte Chiasso on the Italian-Swiss border, which AsiaNews reported four days ago. News about it initially made it to the front page of many Italian papers, but not of the international press. Since yesterday though, some reports have published by English-language news agencies. And some commentators are starting to link the story to reports in US press dating back to 30 March.

On that date the US Treasury Department announced that it had about US$ 134.5 billion left in its financial-rescue fund, the Troubled Asset Relief Program (TARP), whose purpose is to purchase assets and equity to buttress companies in trouble. The existence of such means that the Obama administration may not have to go to Congress for additional funds, something which is especially important since many lawmakers have vowed to oppose any requests for more money.

At the same time, Japans Kyodo news agency has reported that the resignation of Japans Interior Minister Kunio Hatoyama might also be related to the Ponte Chiasso affair. Officially the minister quit as a result of a row over who should head the state-owned Japan Post, but some sources have suggested that such a scenario is not very plausible since Mr Hatoyama was Prime Minister Taro Asos main ally in his rise to the prime ministers office, and is especially unconvincing since the ruling coalition government has to face elections in just two weeks time. Indeed there are many reasons to connect the Ponte Chiasso incident to the ministers resignation.

First of all, the men carrying the bonds had a Japanese passport. Secondly, they were not arrested. Under Italian law anyone in possession of counterfeit cash or bonds worth more than a few tens of thousands of euros must be arrested. By comparison the value of the seized counterfeit bonds is equal to 1 per cent of the US Gross Domestic Product (GDP). Thirdly, how the seizure took place is worthy of a Monty Python movietwo well-dressed Japanese men carrying a briefcase travelling in a local train usually used by Italian manual labourers who commute to Switzerland for work had as much chance to go unobserved as two European businessmen travelling in the Congo.

For AsiaNews the incident raises several questions. For example, why did Italys press, of every stripe, first give the matter great visibility, only to drop it as quickly? Also, if we are to assume that the bonds are real, why were they in Italy on their way to Switzerland? If these were the unused TARP funds why would they be in US Federal Reserve denomination? Would it not have been better to wait to see how they would be used before the bonds were issued? If they are authentic and owned by a foreign state, why were they not transported in a diplomatic bag, which cannot be inspected at customs? And what will the Italian government do insofar as the issue represents an offence under Italian law? Will it impose a fine of 38 billion euros, and run the risk of a row with an ally, or return the money without any penalty to the rightful owner and show the world that Italy is some kind of banana republic, a semi-colonial protectorate that violates its own laws and constitution?

Whatever the case may be, for Italys Prime Minister Silvio Berlusconi it is a heavy burden to bear, given the legal and criminal consequences he might face.

The only people who come out of it well are Italys tax cops, reason for them to show off their success on their website.

ASIA ITALY Seizure of US government bonds from two Japanese men in Italy raises questions – Asia News

Thanks to NoisyRoom.net for the great links!

Hey, What If Canada Lost Tens of Millions of Dollars From Their National Mint? And What If Other National Vaults Were Just A Mite Short of Where They Say They Are In Gold Deposits? What Then?

Gee, is it only one set of crooks taking the entire world to the cleaners or is it Open Season on the common folk? First we have all that money that evaporated in the Banking/Mortgage/Government scandal and then we had the Japanese guys smuggling 134 BILLION DOLLARS IN US BONDSnow someone stole tens of millions of dollars in Gold. For the record at a price of $950 an ounce that amounts to 1973.7 pounds of Gold. Not something you can stick in your pants as you are clocking out at night.

This story comes from the terrific Market Skeptics site that is simply delivering the goods in the ongoing reporting of this slow motion disaster.

Mounties to probe Canada’s missing gold

June 10, 2009

OTTAWA (AFP) The Canadian government is investigating the disappearance of an amount of gold and precious metals from the Royal Canadian Mint and has asked the federal police to probe a possible heist.

Minister of State for Transport Rob Merrifield said Tuesday he called in the Royal Canadian Mounted Police (RCMP) to conduct a “full investigation.”
External auditors had been ordered to investigate a discrepancy between the mint’s 2008 financial accounting of its precious metal holdings and its actual stockpile. Many had expected the audit would point to sloppy bookkeeping.

The investigation was ordered after mint officials said the audit would not be able to reconcile the discrepancy.
“As soon as they instructed me this morning that it looked like the audit wasn’t going to tell us everything we need to know and be able to rectify the numbers, I thought it was important to bring the RCMP in,” Merrifield said.
But he declined to say how much gold, silver or other precious metals were unaccounted for.
Opposition parties, however, criticized the government for the mint’s possible loss of tens of millions of dollars worth of gold.

“How is it conceivable that we can lose tens of millions of dollars in gold from the Royal Canadian Mint, and nobody notices until they finally start calling the accountants,”
said opposition New Democrat MP Thomas Mulcair.

“If they can’t even hold onto the gold in the Mint, what are they capable of doing?” he said, adding: “It now appears that it’s gone beyond bad accounting.”

Contrarian Profits reports that the Canadian Mint’s present problems are not unique.

In other gold news, Im one of many hundreds [if not thousands] on Jim Sinclairs mailing list. Yesterday he sent out an e-mail regarding the problems of missing gold and silver at the Royal Canadian Mint in Ottawa. If you remember, I ran that story yesterday in this column. Mr. Sinclair had the following comment on this issue over at his website JSMineset.com I have heard rumors for some time, but today it was confirmed to me, that the Canadian Mints present problems are not unique and that other depositories (vaults) have had an army of auditors descend on them in the last two weeks. Some of these depositories have names so famous that it would scare the hell out of you. The repercussions would be drastic if they turn out to be troubledI suggest to you now that you take delivery of all gold [and silver - Ed] held in vaults and depositories on your behalf, but this time even from the most prestigious.Market Skeptics: Royal Canadian Mint Fears ‘Run’ On Gold

Ric Locke Over At Protein Wisdom Puts The Leather To The Bare Assed Leftists…They ARE LOVING IT! Especially Our Favorite Hysterical Gay Dancer Andrew Sullivan!

Why oh why does the left hate Sarah so much? Ric Locke has the best explanation yet.

Stereotype: Womyn are good Progressive Democrats.
Reality: Sarah Palin is a Republican.

Stereotype: Only Democrats give power to Womyn
Reality: Sarah Palin is not just a Governor, shes Governor of a State where the Governor has real power.

Stereotype: All manly men are part of Teh Patriarchy, dedicated to preventing Womyn from achievement and deeply resentful of anything resembling a subordinate position.
Reality: Todd Palin is a manly man with a manly occupation; nevertheless he seems quite cheerful and accepting that his wifes occupation is much higher on the social scale than his. Sarah Palin en famille

HOPE AND CHANGE CHICAGO STYLE…THUGOCRACY IN ACTION Obama auto team called shareholder lawyer a “terrorist”

These are email exchanges between Chrysler and Buffoon in Chiefs Auto Task Force (AKA THUGS). These emails were read into the record on the Floor of the House of Representatives. This is how our government is working these days. Why arent we in the streets? Examine who is serving who in this exchange. Witness the abject terror the Chrysler lawyer displays in his dealings with folks he knows are not the change most voted for.

Ms Underestimated writes:

The important part comes at the end: an email exchange between Matthew Feldman, attorney on the Presidents Auto Task Force, and Robert Manzo, Chrysler restructuring expert. Manzo is basically pleading to further negotiate to prevent bankruptcy, but Feldman is having none of it. Here is the exchange:

Robert Manzo, Chrysler restructuring expert: I hope you think its worth giving this one more shot.

Matthew Feldman, attorney on the Presidents Auto Task Force: Im now not talking to you. You went where you shouldnt.

Manzo: Sorry. I didnt mean to say the wrong thing and I obviously did. I was trying oto make sure that if we had to contribute to the solution you knew we had some room. Sorry I did not realize the mistake!!

Feldman: Its over. The President doesnt negotiate second rounds. Weve given and lent billions of dollars so your team could manage this properly.And now youre telling me to bend over to a terrorist like Lauria? Thats B.S.  Hot Air Blog Archive Video: Obama auto team called shareholder lawyer a terrorist

The lawyer in question, Lauria, represented in addition to secured creditors, the ones who just got told that bankruptcy law doesnt mean shit, Lauria also represents a Teachers Union in Indiana who had invested their pension fund into Chrysler.

The thugs are calling Lauria a terrorist because he has the audacity to get in the way of Obama paying off Big Labor by giving them what should have gone to the secured creditors including Indianas Teachers Pension fund.

HOPE AND CHANGE MEANS:

  • Violating the law by attempting to fire the IG who is close to busting an Obama supporter for diverting funds from Americorps to his personal benefit. As senator Obama co-sponsored the law he attempted to break as President in his attempt to protect his friend former NBA Star Kevin Johnson.

  • We are well and truly screwedthanks a bunch Obama voters. You goddamn assclowns.

    Palin: ‘Naïve to believe Letterman’ AWESOME INTERVIEW ON TODAY SHOW!

    Letterman has to be sorry that he picked on Sarah!

    Today Show:Palin: Nave to believe Letterman

    Ruh Oh…Ayers May Serve Some Time Yet! San Francisco Board of Supervisors Trying To Stop Investigation!

    Hey Obambi guess what? It looks like your mentor might end up as someones favorite friend in prison. Oooh good.

    The possible connection between the two cases two Left wing groups bombing two police stations in two consecutive years means there is a chance that, during a trial against the BLA members for the 1971 murder, something might come out implicating the Weather Underground and Bill Ayers in the 1970 murder.  And its a really, really bad thing when the Presidents good buddy, the man in whose living room he started his political career, turns out to be at the center of a cop killing. Bookworm Room When liberals dont like the courts

    Head Buffoon In DC Wants To Control more More AND MORECause You Know When You Drive The Worlds Greatest Economic Engine Into The Ground It Is Obvious That You are Godlike And Should Control THE MOTHER FREAKING WORLD! THE WORLD I TELL YA!

    Evan Thomas from Newsweek claims that Obama is a god giving voice to the apparent widespread belief of the rest of the drive bys so why shouldnt he act like one? It isnt like anyone of any significance in the Main Stream Media will call him on it.

    Administration: Rein in pay in US private sector Obama administration: Executive pay needs curbs, better management, across US private sector

    WASHINGTON (AP) — The Obama administration says excessive executive compensation must be better managed to prevent the sort of risk-taking that jeopardizes the U.S. economy.

    Gene Sperling, who advises Treasury Secretary Timothy Geithner, said Thursday the administration does not want to impose caps on executive pay. But he also laid out for the House Financial Services Committee a list of guidelines calling on publicly-held companies to link compensation to long-term performance, not short-term gains.

    Sperling said in prepared testimony the administration believes compensation practices “must be better aligned with long-term value and prudent risk management at all firms, and not just for the financial services industry.” Administration: Rein in pay in US private sector – Yahoo! Finance

    Allahpundit’s Exit Question My Answer: Wright was a former Muslim and black nationalist who had studied at Howard and Chicago, and Trinity’s guiding principles–what the church calls the “Black Value System”–included a “Disavowal of the Pursuit of Middleclassness.’

    Allah you rock but you might just want to step back a bit and consider that the One is actively attempting to destroy this country. You have NO idea what he isand neither do any of the rest of us. But consider his alliances in the past.

    Exit question via Karl: I thought our big problem with The One was that he spent far too long subscribing to Rev. Wrights nutbar Black Liberation Theology. Which is he, a radical Muslim or a radical Christian? Hot Air Blog Archive Frank Gaffney: Hey, maybe Obamas a Muslim

    Well I guess this would be good question except for the fact that Reverend Wright was indeed an ex-muslim. New Republic take it away!

    From Wright and others, Obama learned that part of his problem as an organizer was that he was trying to build a confederation of churches but wasnt showing up in the pews on Sunday. When pastors asked him the inevitable questions about his own spiritual life, Obama would duck them uncomfortably. A Reverend Philips put the problem to him squarely when he learned that Obama didnt attend services. It might help your mission if you had a church home, he told Obama. It doesnt matter where, really. What youre asking from pastors requires us to set aside some of our more priestly concerns in favor of prophesy. That requires a good deal of faith on our part. It makes us want to know just where youre getting yours from.

    After many lectures like this, Obama decided to take a second look at Wrights church. Older pastors warned him that Trinity was for Buppiesblack urban professionalsand didnt have enough street cred. But Wright was a former Muslim and black nationalist who had studied at Howard and Chicago, and Trinitys guiding principleswhat the church calls the Black Value Systemincluded a Disavowal of the Pursuit of Middleclassness.

    The crosscurrents appealed to Obama. He came to believe that the church could not only compensate for the limitations of Alinsky-style organizing but could help answer the nagging identity problem he had come to Chicago to solve. It was a powerful program, this cultural community, he wrote, one more pliant than simple nationalism, more sustaining than my own brand of organizing.

    Well gee I guess O could be a muslim. Hell he is probably whatever he needs to be to take power. And that is actually, impossibly worse than being a muslim. Btw Frank Gaffney is no ones fool when it comes to identifying muslim/terror sympathizers, witness the terrific hit he put on Grover Norquist. He was right about Grover when no one else was talking about it. We might better consider his words rather than to dismiss them outright.

    Marine Hero Who Survived Iwo Jima Did Not Survive South Carolina’s Failure to Keep Two Thugs Locked Up.

    Pierre Legrand’s Pink Flamingo Bar

    Highlights of this horrible crime. Another example of the state failing in its primary duty to uphold our right to a safe neighborhood. These two thugs had committed prior armed robberies and should have been locked up.

    Notice in the story below that they got their gun by robbing a probation officer. She was robbed by these two while guarding a Motel 6.

    I am guessing that the left and Obamas Justice department, one and the same I know, will likely find some way to keep these two away from the death penalty. In 5 years they will be heros for murdering a soldier for the imperialist United States armed forces. Next thing will be free Sylvester and Dondre t-shirts.

    Florence County sheriffs deputies have arrested two suspects, including a 16-year-old, they say were involved in a fatal shooting outside a Florence hotel room Monday morning.

    SUSPECTS


    Sylvester Davis Jr., left, and Dondre Scott were arrested in connection with the shooting death of 83-year-old World War II veteran Clair C. Chaffin.

    Davis and Scott each face a murder charge in connection with Chaffins death.

    I think this is going to be a death penalty case, Boone said.

    This is a terrible thing, Clements said. That guy was a war hero who risked his life to defend the lives of the two people that took his life senselessly.

    World War II veteran Clair C. Chaffin, 83 of Archer, Fla., was shot while he was in the process of packing his vehicle after being confronted by two men in an attempted armed robbery about 7 a.m. at the Thunderbird Inn, located at 2004 W. Lucas St., at the U.S. 52/Interstate 95 intersection.

    Kat Dow, Chaffins daughter, said in a comment posted to scnow.com her father was on his way to Virginia to attend a meeting with other 4th Marine Divison Association members, and then he and his dear friend were heading for a trip across the Canadian Rockies.

    He was really excited about this trip. It is unbelievable he was gunned down like this, she wrote. I know my Dad and he was tough. He wouldnt have just handed his money over! I so wish that he had, nothing was worth his life.

    Chaffins shooting is directly related to a robbery that happened in Richland County at 2 a.m. Sunday, Boone said.

    That crime happened at the Motel 6 located at 7541 Nates Road where an off-duty probation agent was robbed at gunpoint of her credentials and state-issued .40-caliber handgun, according to a press release issued Monday by Richland County Sheriff Leon Lott.

    The probation agent was working a security detail at the motel when two unknown black men approached her while she was sitting in her car, Lott said.

    They will most likely face a good bit of armed robbery charges, he said. These two individuals have done a lot of armed robberies in different areas of the state.Darlington man, teen charged in fatal hotel shooting | SCNow

    ACTUAL LETTER FROM LOU PRITCHETT FORMER VICE-PRESIDENT, SALES AND CUSTOMER DEVELOPMENT FOR PROCTOR AND GAMBLE

    Dear President Obama:

    You are the thirteenth President under whom I have lived and unlike any of the others, you truly scare me.
    You scare me because after months of exposure, I know nothing about you.
    You scare me because I do not know how you paid for your expensive Ivy League education and your upscale lifestyle and housing with no visible signs of support.
    You scare me because you did not spend the formative years of youth growing up in America and culturally you are not an American.
    You scare me because you have never run a company or met a payroll.
    You scare me because you have never had military experience, thus don’t understand it at its core.

    You scare me because you lack humility and ‘class’, always blaming others.
    You scare me because for over half your life you have aligned yourself with radical extremists who hate America and you refuse to publicly denounce these radicals who wish to see America fail.

    You scare me because you are a cheerleader for the ‘blame America’ crowd and deliver this message abroad.
    You scare me because you want to change America to a European style country where the government sector dominates instead of the private sector.
    You scare me because you want to replace our health care system with a government controlled one.

    You scare me because you prefer ‘wind mills’ to responsibly capitalizing on our own vast oil, coal and shale reserves.
    You scare me because you want to kill the American capitalist goose that lays the golden egg which provides the highest standard of living in the world.
    You scare me because you have begun to use ‘extortion’ tactics against certain banks and corporations.

    You scare me because your own political party shrinks from challenging you on your wild and irresponsible spending proposals.
    You scare me because you will not openly listen to or even consider opposing points of view from intelligent people.
    You scare me because you falsely believe that you are both omnipotent and omniscient.

    You scare me because the media gives you a free pass on everything you do.
    You scare me because you demonize and want to silence the Limbaughs, Hannitys, O’Relllys and Becks who offer opposing, conservative points of view.
    You scare me because you prefer controlling over governing.

    Finally, you scare me because if you serve a second term I will probably not feel safe in writing a similar letter in 8 years.

    Lou Pritchett

    CUDA ATTACK PART DEUX! GOOD THING WE DIDN’T LET SARAH PALIN GET NEAR THE WHITE HOUSE…WITH ALL THOSE “SMART” HARVARD GRADS RUNNING THINGS WE ARE GOING INTO DEBT FASTER THAN ANY OTHER COUNTRY HAS MANAGED IN HISTORY! Weeeeeeeee!

    Good thing we have all those really smart people running the country. Us plain old dumb asses never saw Obama comingoh wait we did! And so did Sarah! Here is her acceptance speech at the Republican Convention. Yea the same dumbasses that are screwing her around now. We know your game RNC and you can kiss my money donating ass until she starts being top billed.

    The answer is to make government bigger take more of your money give you more orders from Washington and to reduce the strength of America in a dangerous world. America needs more energy our opponent is against producing it.

    Victory in Iraq is finally in sight he wants to forfeit.

    Terrorist states are seeking nuclear weapons without delay he wants to meet them without preconditions.

    Al-Qaida terrorists still plot to inflict catastrophic harm on America hes worried that someone wont read them their rights? Government is too big he wants to grow it.

    Congress spends too much he promises more.

    Taxes are too high he wants to raise them. His tax increases are the fine print in his economic plan, and let me be specific.

    The Democratic nominee for president supports plans to raise income taxes raise payroll taxes raise investment income taxes raise the death tax raise business taxes and increase the tax burden on the American people by hundreds of billions of dollars. My sister Heather and her husband have just built a service station thats now opened for business like millions of others who run small businesses. Sarah taking it to that bastard in the White House! You Betcha!

    But folks like Peggy Noonan, Kathleen Parker, David Frum, David Brooks all thought she was too stupid to run the government. Gosh thank god we didnt have Sarah running up the budget deficit.

    CUDA ATTACK! SARAH DOES WHAT NO OTHER REPUBLICAN HAS THE BALLS TO DO! ATTACK OBAMA! WHY IS IT THAT ONLY REPUBLICAN WOMEN ARE TOUGH? WHERE ARE THE MEN???? SARAH PALIN 2012!

    Sarah taking it to that bastard in the White House! You Betcha!

    PALIN: Thats how I feel! I feel like and I think that more and more constituents are going to open their eyes now and open their ears to hear what is really going on and realize ok Maybe we didnt have a good way of expressing that, or articulating that message of here is what America could potentially become if we grow government to such a degree that we cannot pay for it and we have to borrow money from other countries, some countries that dont necessarily like America.

    And this many months into the new administration, quite disappointed, quite frustrated with not seeing those actions to rein in spending, slow down the growth of government. Instead Sean it is the complete opposite. Its expanding at such a large degree that if Americans arent paying attention, unfortunately our country could evolve into something that we do not even recognize.

    HANNITY: Socialism?

    PALIN: Well, that is where we are headed. That is where we have to be blunt enough and candid enough and honest enough with Americans to let them know that if we keep going down these roads nationalizing many of our services, our projects, our businesses, yes that is where we would head. And that is why Americans have to be paying attention. And we have to have our voices heard. And ultimately it need to be our will, the American peoples will imposed on Washington, instead of the other way around.

    The interview is set to air tonight on FOXNEWS, 9 PM ET.  DRUDGE REPORT: PALIN: ‘TOLD YA SO’ 2009

    Here is EXACTLY what she predicted in 2008 in her acceptance speech. Sarah got it exactly right.

    This is a man who can give an entire speech about the wars America is fighting and never use the word "victory" except when he’s talking about his own campaign. But when the cloud of rhetoric has passed … when the roar of the crowd fades away … when the stadium lights go out, and those Styrofoam Greek columns are hauled back to some studio lot what exactly is our opponent’s plan? What does he actually seek to accomplish, after he’s done turning back the waters and healing the planet? The answer is to make government bigger … take more of your money … give you more orders from Washington … and to reduce the strength of America in a dangerous world. America needs more energy … our opponent is against producing it.

    Victory in Iraq is finally in sight … he wants to forfeit.

    Terrorist states are seeking nuclear weapons without delay … he wants to meet them without preconditions.

    Al-Qaida terrorists still plot to inflict catastrophic harm on America … he’s worried that someone won’t read them their rights? Government is too big … he wants to grow it.

    Congress spends too much … he promises more.

    Taxes are too high … he wants to raise them. His tax increases are the fine print in his economic plan, and let me be specific.

    The Democratic nominee for president supports plans to raise income taxes … raise payroll taxes … raise investment income taxes … raise the death tax … raise business taxes … and increase the tax burden on the American people by hundreds of billions of dollars. My sister Heather and her husband have just built a service station that’s now opened for business like millions of others who run small businesses.

    Any questions?

    Sarah 2012

    West Bank teen arrested in rape and murder of 8-month-old

    Pierre Legrand’s Pink Flamingo Bar

    Sort of takes your breath away doesnt it? He was dating the mother

    A 17-year-old Terrytown man was arrested on charges of aggravated rape and first-degree murder of an 8-month-old child Saturday afternoon, the Jefferson Parish Sheriff’s Office said. West Bank teen arrested in rape and murder of 8-month-old – NOLA.com

    German Chancellor Merkel Speaks Out Against the Fed’s Policy of Loose Money…WOW! A Leader Speaks The Truth?

    German Chancellor Merkel spoke out against the policy of the Central Banks of the United States (Federal Reserve), Great Britain and the EU. When a German Chancellor speaks out against the policies of the Central Banks of the world we would be wise to listen.

    Aides say Ms Merkel’s concern about the expanding remits of the Fed and the Bank of England is genuine. She does not blame the implosion of the subprime mortgage market for the economic crisis. She does not see securitisation as the culprit. Rather, she thinks the loosening of monetary policy under Alan Greenspan’s Fed chairmanship fuelled the creation of asset price bubbles and encouraged excessive leverage within and beyond the financial sector.

    This risky policy, she thinks, was supported by a US government that also rejected any calls – including from Germany when Berlin was chairing the Group of Eight industrial nations in 2007 – for tighter regulation of financial markets. Ms Merkel "sees the huge amounts of liquidity being pumped into financial systems with some concern. She is worried that some of the unconventional action being deployed by central banks cannot be easily reversed," says one confidant. "We do not want to be fuelling a new bubble. Another crisis like this one and the west will be wiped out." FT.com / UK – Merkel makes a mark

    Why is she so worried about loosening of the monetary policy under the Fed? INFLATION! The Germans have an intimate knowledge of what happens when inflation ravages a country.

    The Feds actions are driven by exactly the same sort of short range thinking that has destroyed specific sectors of the US economy. GM signs a labor agreement 50 years ago because they didnt wonder what might happen down the road if they had some rough spots. And now a 100 year old company is taken over by the Government. Short Range Thinkingwill be the death of us.

    Sometimes you simply have to accept some pain to avoid the death blow. GM should have said no then and dealt with the inevitable strikes then and they would be alive now. We should have never allowed the Government to remove the shackles we had around it in the form of our currency being backed by gold. At the point we allowed that, it was irresistible that the Government would inflate its way out of debtsand one day destroy this country. We as a people demanded more and more from the Government and corrupt politicians who knew better were more than willing to give it to us. We demanded that taxes NOT be raised and corrupt politicians were only too willing to not raise taxes. Well now the butchers bill has come due.

    There is no free lunch.

    PERSONAL METHANE COLLECTION SYSTEM – SAVE THE PLANET!! 3 FREE CARBON CREDITS — SHRINK YOUR CARBON FOOTPRINT

    Pierre Legrand’s Pink Flamingo Bar

    Wow! Though I am a little suspicious of how comfortable it is to have a tube stuck up your ass while doing anything involving sitting down. But as long as I am DOING IT TO SAVE MOTHER GAIA a sore ass is worth it!

     

    That sore ass route reminds me of this great bumper sticker!

    image

    All of this is being brought to you by another BUNCH of pains in the asses.

    jitcrunch

    DEMOCRATS MAKING PROMISES THEY CANT KEEP!

    PERSONAL METHANE COLLECTION SYSTEM – SAVE THE PLANET!! – eBay (item 230346308144 end time Jun-07-09 00:57:51 PDT)

    Obama World by Chris Muir…No Refunds, No Returns, No Turning Back Schmuck…Muahahahahaha!

     

    Big Hollywood Blog Archive Amusement Park

    White House Slamming Down Dissent…Big Surprise!

    This is all so damn predictable.

    A new White House policy on permissible lobbying on economic recovery and stimulus project has taken a decidedly anti-First Amendment turn. It’s a classic illustration of Big Government trying to control every aspect of a particular activity and in the process running up against civil liberty.

    Check out this passage from a post on the White House blog by Norm Eisen, Special Counsel to the President on Ethics and Government Reform (emphasis added):

    • "First, we will expand the restriction on oral communications to cover all persons, not just federally registered lobbyists. For the first time, we will reach contacts not only by registered lobbyists but also by unregistered ones, as well as anyone else exerting influence on the process. We concluded this was necessary under the unique circumstances of the stimulus program. White House moves to restrict criticism of stimulus projects | Washington Examiner

    Remember and Give Thanks To Those Who Died For Your Freedom!

    Pierre Legrand’s Pink Flamingo Bar

    Video Removed Sincerely, YouTube, Inc.

    Dear Member:

    This is to notify you that we have removed or disabled access to the following material as a result of a third-party notification by mark Hubert claiming that this material is infringing:

    Rep Schakowsky Admits Goal of Healthcare Reform is to Destroy Private Insurance Industry: http://www.youtube.com/watch?v=e3929SL7jag
    Please Note: Repeat incidents of copyright infringement will result in the deletion of your account and all videos uploaded to that account. In order to prevent this from happening, please delete any videos to which you do not own the rights, and refrain from uploading additional videos that infringe on the copyrights of others. For more information about YouTube’s copyright policy, please read the Copyright Tips guide.

    If you elect to send us a counter notice, please go to our Help Center to access the instructions.

    Please note that under Section 512(f) of the Copyright Act, any person who knowingly materially misrepresents that material or activity was removed or disabled by mistake or misidentification may be subject to liability.

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