Occupy Wall Street Stealing From The Poor to Give to Themselves!

January 16, 2012 | Filed Under Anti-Americanism, Banks, Business, Crime, Democrats/Leftists, Ethics, GOP, Government, Corruption, Jobs, Liberals, New York City, PCism, Republicans, Society/Culture, Taxes, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

It is more common everyday. A man buys a house, the market collapses and suddenly his house is worth less than the mortgage, then he loses his job until, as a single father, he finds himself in foreclosure with no place to raise his two preteen daughters. It’s a case made for the Occupy Wall Street movement to swoop in and right wrongs, right? Maybe not because the OWSers in New York stole this poor guy’s home away from him in order to give it to one of their own members. Confused? Read on.

A Brooklyn man living in an apartment with his two daughters was alerted to the fact that his in-foreclosure-home had been broken into and occupied by Occupiers, as in Occupy Wall Street activists. When he rushed to his home he found a group of strangers that had broken into his home claiming to have “reclaimed” the house and given it to another family.

“They’re trying to take a house and say the bank is robbing the people because the mortgage is too high — so contact the owner!” fumed Wise Ahadzi, 28, who owns the home at 702 Vermont St. in East New York.

Apparently Ahadzi had bought the house in 2007 for the princely sum of $424,500 but during the housing bubble of 2009 the house ended up being worth only half that. Then, when he lost his job and got behind on the mortgage, the bank foreclosed on the property.

Enter — illegally, mind you — Occupy Wall Streeters who discovered the home in foreclosure and decided that they’d steal it away from “the bank” with the ostensible goal of helping the needy.
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Looking to the Dollar, Gold, and “Mutti” to Save the World

December 14, 2011 | Filed Under Alan Caruba, Banks, Barack Obama, Budget, Capitalism, Congress, Democrats/Leftists, Economy/Finances, Ethics, Europe, Foreign Countries, France, Germany, Government, Corruption, Liberals, Taxes | Comments Off

-By Alan Caruba

The most formidable couple in the world during the 1980s was Ronald Reagan and British Prime Minister Margaret Thatcher. Thatcher, a conservative and a woman of iron will, must be looking across the Channel with some amusement to see how her German counterpart, Chancellor Angela Merkel, is literally the only person keeping the European economy from collapsing and, it must be said, taking England and America with it.

The cover article of this week’s Business Week noted that “Merkel is the daughter of a Lutheran pastor. She won a PhD for a thesis on quantum chemistry…though childless, she is known as Mutti, for Mother.” Born in the post-war years, “Merkel’s worldview reflects the German desire for stability. Chaos plagued the German-speaking people long before there was a German nation…Later the hyperinflation of the 1920s and Depression of the 1930s, both of which undermined the middle-class, gave rise to Nazism.”

Plainly said, Angela Merkel is showing the rest of the world why Keynesian economics doesn’t work; that governments with huge “entitlement” programs and a tendency to throw vast amounts of money at their problems invite disaster. If Europe does not plunge into chaos, it will be because she refused to bail it out with the deutschmark.

Meanwhile, the Federal Reserve is moving billions to Europe to ease its lending crisis.
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Time Mag: Occupy Wall Street The Number One Story of 2011?

December 12, 2011 | Filed Under Anti-Americanism, Banks, Budget, Business, Capitalism, Communism, Congress, Crime, Crony Capitalism, Democrats/Leftists, Ethics, Free Trade, Government, Government, Corruption, Jobs, Liberals, Media, Media Bias, Nanny State, Taxes, Tea Party, Time Magazine, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

It’s that time of year again, time for newspapers and magazines to start floating their “top stories of the year” lists and Time Magazine has a whole “Top of Everything” list with which to thrill us. But it is Time’s Top U.S. News Stories list that deserves some closer scrutiny because on it Time has determined that the Occupy Wall Street tale is the number one story of the year. As if anyone ever doubted that this left-wing temper tantrum would pique Time’s interest most.

But, seriously, now. Is Gabrielle Giffords somehow a lesser story than the Occupiers? Is the long-drawn out GOP primary campaign a lesser story? How about the debt crisis? Is that somehow a less important story than Occupy Wall Street? Apparently Time thinks so.

Certainly these lists are always somewhat subjective. After all, what one considers important another may not. But some of these entries seem to point out Time’s ideology as opposed to a serious attempt to pick the top stories of 2011. And making the Occupy story number one is pure ideology.

Time puts this story above the bad economy, Iraq, the Penn State sex abuse case, and the Gabrielle Giffords shooting. In fact, if it weren’t for the bad economy, the debt ceiling debate and the bank crisis this Occupy business would not have occurred at all.
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Paper Money, Real Debt, and Spendthrift Nations

December 7, 2011 | Filed Under Alan Caruba, Anti-Americanism, Banks, Barack Obama, Budget, Business, Capitalism, Congress, Constitution, Democrats/Leftists, Economy/Finances, Government, Government, Corruption, Liberals, Money, Republicans, Taxes | Comments Off

-By Alan Caruba

As the citizens of the United States and the seventeen member-nations of the European Union look on, a great drama regarding the future of the EU and its currency, the Euro, is occurring.

The essential problem is that both the U.S. dollar and the Euro are just so much paper, despite the promises and guarantees that they will be honored as real money. The trick has been to keep everyone believing there are sufficient real assets to back up those promises.

Since the U.S. dollar is a kind of universal currency to which other nations peg the value of their currencies the problem for everyone is that the U.S. is broke. Its debt exceeds its annual capacity to generate income, otherwise known as its Gross Domestic Product. Every hour of every day it must borrow billions to meet its obligations. Forty cents of every dollar the U.S. spends is borrowed.

There is a reason why television these days if filled with commercials offering to sell gold. Gold has always retained its value though it does fluctuate. The U.S. Treasury’s gold hoard has a value of more than $400 billion these days, but that value is the flip side of the Federal Reserve’s demolition of the dollar which has lost 95% of its value since1913, the same year the Fed was created.
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Black Friday Special on Fox Business Network: Follow the Money: The Investor’s Holiday Portfolio

November 25, 2011 | Filed Under Banks, Business, Capitalism, Economy/Finances, Fox Business Network, Money, Regulation, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

On November 25, Fox Business Network’s Eric Bolling will be hosting a Black Friday special to kick off the holiday season this year titled, Follow the Money: The Investor’s Holiday Portfolio. The program will air at 10PM eastern.

The Chicago-born Bolling will enlist a panel of experts to examine which stocks will make great gifts this season, where the hidden deals can be found, and whether the European debt crisis will dampen investor spirits.

Guests will include: Dialectic Capital Management Head of Trading and “The Risk Doctor” Tim Strazzini; Exemplar Capital managing partner and “The Chartman” Gary B. Smith; Yahoo! Finance blogger and “The Lone Wolf” Jeff Macke, and others.
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California Ballot Boondoggle Sends Tax Dollars Out of State

November 20, 2011 | Filed Under Banks, Business, California, Capitalism, Democrats/Leftists, Economy/Finances, Ethics, Government, Government, Corruption, Jobs, Liberals, Taxes, Transparency, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Despite all the talk of fixing it, California’s budget is still a mess. One of those “fixes” was implemented last summer when the state Legislature increased revenue projections by $4 billion to avoid balancing the budget. Of course, the problem with using such “phantom money” is that it often has a habit of disappearing when you need it most. And it has disappeared just when money for schools is needed. Now deep cuts are on the table. The people lose again.

Naturally the nonpartisan Legislative Analyst’s Office recently reported that the state will receive virtually none of the $4 billion in projected revenue, forcing the state to make some tough decisions in the coming weeks. On the table are major cuts to the education budget, including shortening the school year by a week, not to mention cuts to in-home healthcare programs, and programs for people with developmental disabilities.

Obviously Californian’s budget needs all the help it can get but it looks like it’s business as usual in Sacramento. For instance, an upcoming ballot measure sponsored by a career politician would baffle anyone that truly understands the mess California is in. The so-called California Cancer Research Act coming before voters in June, asks California voters to raise taxes by nearly $1 billion for a whole new perpetual bureaucracy. That is unacceptable to voters. Maddeningly this new program doesn’t even guarantee that the money will be spent in the state! Apparently former state Sen. Pro Tem Don Perata, the career politician pushing the measure, thinks Californians who already paying some of the highest taxes in the nation should reach deeper into their pockets just to potentially send that money across state lines to benefit others. And all the while the budget for the education for those same taxpayer’s kids is about to be slashed.

So, what is the “solution” proposed by Democrats in Sacramento? Raise taxes, of course.
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The Triangulation of the ‘Occupy’ Movement

November 17, 2011 | Filed Under Banks, Business, Capitalism, Democrats/Leftists, Ethics, Frank Salvato, Government, Corruption, Jobs, Liberals, New York City, Taxes, Unions | Comments Off

-By Frank Salvato

Throughout the painful and paradoxical existence of Occupy Wall Street (OWS) we have been told by those in the mainstream media, as well as by sympathetic politicos, that at its root, at its genesis, the OWS Movement was both organic and legitimate. We were told that the movement was exclusively about a rebellion against high unemployment and crony Capitalism, even as those championing the cause disingenuously blurred the line between crony Capitalism and Capitalism. But, an honest examination of the underlying goal(s) of this movement – and who is serving to advance its agenda – exposes a nefarious, deceitful and dangerous reality.

The notion of “triangulation” is not new to American politics. Savvy politicians have triangulated messages and circumstances to their benefit ever since the creation of our country. One needs look no further than the debates that took place over the creation of the US Constitution to understand that even though our Framers and Founders were dedicated to their principles and positions, they were willing to employ rhetorical leverage to achieve their goals. Alexander Hamilton was a master at message triangulation.

Perhaps the most contemporary politician to masterfully employ the art of message triangulation was former Pres. Bill Clinton. In pursuit of re-election in 1996, Clinton senior advisor Dick Morris advocated for a set of statements, a set of policies, that differed from those of his fellow elected Democrats. These policies, which pandered to the ideological Middle and Right, included deregulation and balanced budgets, culminating in the false declaration, included in Mr. Clinton’s 1996 State of the Union Address, that the “era of big government is over.”

Grammy Nominee’s Occupy Wall Street Theme Song Features Bloodlust, Violent Imagery

November 16, 2011 | Filed Under Anti-Americanism, Banks, Budget, Business, Capitalism, Communism, Democrats/Leftists, Ethics, Government, Corruption, Jobs, Liberals, Music, Socialism, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

While denizens of Hollywood are running around praising the Occupy-Whatevers as an articulate, non-violent example of “democracy in action” and adopting the Occupy rhetoric, a new anthem of sorts has been unveiled to inspire these “non-violent” folks to greater activism.
But, for a “non-violent” movement, their new theme song (running nearly nine minutes long) is full of bloodlust and childish name-calling belying that claim to thoughtful democracy.

The song, “We Stand as One,” created by Grammy nominee Joseph Arthur, seems to fall short of the mythical claim that the Occupy movement is a non-violent, thoughtful “movement.” Filled with deep lyrics such as calling Occupy enemies “pigs,” warnings that their homes will burn and that the blood of Occupy enemies will be the Occupiers’ “paint,” this song sounds more like a call to violence than an appeal to the better angels of our nature.

Arthur has worked with such rock notables as Michael Stipe of REM and Peter Gabriel, and his 1999 EP “Vacancy” was nominated for a Grammy.
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Video: Walsh Gets a Bit Testy With Constituent

November 10, 2011 | Filed Under Banks, Budget, GOP, Government, Government, Corruption, House of Representatives, Illinois, Joe Walsh, Republicans, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

The Internet tubuals have been heating up with a video showing 8th District Republican Congressman Joe Walsh getting — shall we say — a bit testy with a constituent at a recent townhall.

The townhall was held in North Suburban Gurnee at Uno Bar and Grill and Walsh was being grilled about a lack of banking regulations by at least one voter.

Walsh was having none of it, as you saw. He’s exactly right about his point, too. It was Congress that was the problem, not any lack of banking regulations. I stand with Joe on the idea of getting government out of the economy not, as the voters on the video was trying to urge, get government more involved in the economy.

However, I feel Joe’s comportment was over the top and inappropriate. I support his passion on that issue, but he was simply too harsh in reply.
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Contact Super Committee: REAL Debt Reduction MUST Include Entitlement Reform

November 10, 2011 | Filed Under Banks, Budget, Democrats/Leftists, Economy/Finances, Government, Government, Corruption, Liberals, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

American Action Network has created a Facebook application to help you contact the liberal members of the Super Committee to urge them to include entitlement reform in the budget negotiations now going on in Washington.

American Action Network’s effort to put pressure on super committee liberals to include entitlement reform in the debt deal can be seen at their new Contact the Super Committee Facebook Page.

This allows users to tweet, Facebook and email the super committee liberals with the messaging, “Real debt reduction must include entitlement reform! Do not play politics with our children’s future.”
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Business Roundtable: Regulations Are Killing Business

October 28, 2011 | Filed Under Anti-Americanism, Banks, Budget, Business, Capitalism, Congress, Conservatives, Democracy, Democrats/Leftists, Economy/Finances, Elections, EPA, Ethics, Financial Reform, Free Trade, Freedom, GOP, Government, Government, Corruption, Government, Ill. County, House of Representatives, Illinois, Illinois State Government, Jobs, Liberals, Policy, President, Public Employees Unions, Regulation, Republicans, Senate, Taxes, The Law, Unemployment, Unions, Warner Todd Huston | Comments Off

-By Warner Todd Huston

On Friday I attended an informative business roundtable meeting of Chicago-area small businessmen who came together to discuss how government intervention and its avalanche of regulations are killing jobs and businesses not only in Illinois, but nation wide. Some of the stories were chilling, to say the least. These trials go to show how anti-business the most famously capitalist country in the world has become. No wonder we can’t get out of this second great depression!

The event was held at the headquarters of The Rabine Group in Schaumburg, Illinois. The Rabine Group is a group of nationwide companies that specializes in driveway paving, roofing, and other contracting work. The company is headed by owner and CEO Gary Rabine.

Filling out the panel was Moderator, Brian Kelly of Bulk Lift International; Gary Rabine, The Rabine Group; Garrett Patten, Patten Industries; Randy Truckenbrodt, Randall Industries, Inc, and Former State Senator Steve Rauschenberger, Rauschenberger Partners.

The panel began with some of the regulatory horror stories experienced by the panel. Each story illustrated how government stands in the way of job creation, small business, and expansion, and how government is not working hand-in-hand with small business but actually fosters an inimical relationship. The panel showed how the oppressiveness of these regulations actually tempts business to break laws just to be able to carry on with business.
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Ill. Policy Institute CEO Tillman Is Just Plain Wrong About ‘Occupy’

October 28, 2011 | Filed Under Anti-Americanism, Banks, Budget, Business, Capitalism, Chicago, Communism, Conservatives, Democrats/Leftists, Economy/Finances, GOP, Government, Government, Corruption, Illinois, Illinois Policy Institute, Jobs, Liberals, Regulation, Republicans, Socialism, Stimulus, Taxes, Tea Party, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

John Tillman, CEO of the Illinois Policy Institute, penned an op ed in the Chicago Tribune touting what he claims is the common ground between conservatives and the Occupy Wall Street leftists who have trickled into the streets across the country. I hate to say it, but his op ed was puzzling and its base concept — that conservatives and these Occupy nuts should work together — is incredibly off base.

Before I get into Tillman’s points, though, let me say that I generally support the good works of the Illinois Policy Institute. I’ve covered many of its events in the past, I’ve worked closely with some of its members, and I’ve met Mr. Tillman many times at many events. I repost the Institute’s email blasts on my sites, as well.

I will continue with my support of the Illinois Policy Institute (don’t call them IPI because some other organization has that trademarked and they get mad) despite this disagreement with Mr. Tillman. They often do very good work.

OK, now that that’s out of the way… Tillman, my friend, you are soooo wrong!
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Occupy Chicago Wants to ‘Collapse American Government’

October 28, 2011 | Filed Under Anti-Americanism, Banks, Barack Obama, Budget, Business, Chicago, Communism, Democrats/Leftists, Government, Corruption, Jan Schakowsky, Liberals, President, Socialism, Taxes, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

Retired Palatine teacher, Roger Fraser, who makes nearly $8,000 a month in pension benefits off the backs of the Illinois Taxpayer, says that he wants to “collapse American government.”

These people want to “collapse” this country. They want to destroy it and remake it as an alien, communist abomination.

This is why there should be no sympathy for these Occupy-Whatever idiots. They are not Americans. They hate America. Unlike the Tea Party movement, these Occupy people are anti-American to the core.

Remember, these are the sort of people that Democrats like President Obama and Representative Jan Schakowsky are falling all over themselves to support.
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The Rise of the Obamavilles

October 26, 2011 | Filed Under Banks, Barack Obama, Budget, Business, Capitalism, Communism, Democrats/Leftists, Financial Reform, Government, History, House of Representatives, Jobs, Liberals, President, Socialism, Taxes, The Great Depression, Warner Todd Huston | Comments Off

Remember back in the 30s when disgruntled WWI veterans and homeless Americans created shanty towns called “Hoovervilles“? They felt failed by an uncaring president in Herbert Hoover.

Well, with the Occupy-Whatevers have they created “Obamavilles”?

I’d say they have.

Another Stupid Liberal Assumption Dies: Top 1% NOT Made Solely of Bankers

October 26, 2011 | Filed Under Anti-Americanism, Anti-Semitism, Banks, Budget, Business, Capitalism, Communism, Democrats/Leftists, Economy/Finances, Government, Government, Corruption, Liberals, Socialism, Taxes, Unions, Warner Todd Huston | Comments Off

-By Warner Todd Huston

One of the favorite memes of these Occupy-Whatever events is that the “top 1%” is made up of those evil, rich bankers and Wall Street tycoons. This, they feel is why they need to “occupy Wall Street” in the first place, right? Wrong again.

Like most left-wing memes, this one is also horribly wrong. It turns out that it should have been Occupy a hospital instead of occupy Wall Street because it turns out that bankers and denizens of Wall Street barely represent a blip on the radar of the “1%.”

A report on CNN Money notes that the finance sector only makes up 14% of the folks that sit in that top 1% of the nation’s wealthy.

It turns out that medical professionals clock in at 15.7%, while lawyers represent 8.4%.
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When the Greedy Feign Outrage

October 13, 2011 | Filed Under Banks, Barack Obama, Budget, Business, Capitalism, Democrats/Leftists, Economy/Finances, Frank Salvato, Government, Government, Corruption, Liberals, Security/Safety, Taxes | Comments Off

-By Frank Salvato

“Greedy: Excessively or inordinately desirous of wealth, profit, etc.; avaricious.”
– Dictionary.com

By now, no doubt, you have heard about the “incredible” Occupy Wall Street Movement taking place on and around Wall Street; a movement whose organizers claim is “organic” and spreading across the globe, not unlike the so-called “Arab Spring.”

There are a few problems with this claim, however. First, the movement is anything but “organic.” And second, for the most part, the “Arab Spring” has facilitated the rise of radical Islamist factions to the courts of power. Incredible indeed.

The “movement” is incredible for many reasons; incredible in that what we are being asked to believe the impossible or very difficult to believe, via the reporting in the mainstream media and declarations issued from the movement’s organizers. Interviews with a credible sampling of those in attendance prove that many participants don’t even know why they are there but for it being “the place to be” for the terminally and youthfully disgruntled.

The Hate From The Occupy-Whatever Left

October 11, 2011 | Filed Under Anti-Americanism, Banks, Budget, Business, Capitalism, Democrats/Leftists, Ethics, Free Trade, Government, Corruption, Liberals, Taxes, Warner Todd Huston | Comments Off

The left is built on pure hate. Hate for patriotism, hate for the Constitution, hate for our troops, hate for the left’s opponents… just plain hate.

Accuracy in Media, Let Freedom Ring and Young America’s Foundation have joined forces to invade Occupy DC. Our objective: to see what happens when three peaceful fans of capitalism, guns and our military take to the streets. It’s a good thing we didn’t do a live shot, they weren’t greeted nicely to say the least.

Rep. Jan Schakowsky Thinks Gov’t ‘Creates Jobs’

October 10, 2011 | Filed Under Anti-Americanism, Banks, Budget, Business, Capitalism, Chicago, Communism, Constitution, Democrats/Leftists, EPA, Ethics, Government, Government, Corruption, Health, House of Representatives, Illinois, Jobs, Liberals, Regulation, Socialism, Stimulus, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Recently Rep. Jan Schakowsky (D, Illinois 9th District), whose husband has been convicted of bank fraud and tax evasion, was interviewed by the far left website truthout.

You’ll remember truthout for its scoop back in 2009. It was truthout that was the first to report the big news that Karl Rove had been indicted. Unfortunately for this “news” site, Karl Rove was never indicted. That was a spot of bother, indeed, going to impugn the site’s veracity just a bit. You may also know that original editor, Marc Ash, was ousted from the site by a coup from within when it was discovered he was making $140,000 a year off the donors and left-wing foundations supporting the site. But he’s all for the downtrodden masses, ya know?

Now that we have established the forum upon which Schakowsky appeared, let’s look at some of the extreme things she said, shall we?
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Hey Kids – Let’s Meet on Wall St. for Weeks Long Whining Fest

October 9, 2011 | Filed Under Banks, Barack Obama, Budget, Business, Democrats/Leftists, Ethics, Government, Corruption, Liberals, Michael Bresciani‏, Nanny State, President, Regulation, Religion, Society/Culture, Taxes | Comments Off

-By Rev Michael Bresciani

Headlines are heralding Apple’s, Steve Jobs as someone who impacted and changed our lives. At the same time demonstrations and riots in Chile, South Korea and America make it apparent that the change had nothing to do with the development of character or the ability to discern the nature of economics, politics and honesty.

In Chile youth are battling with police in protests for completely free education for everyone. In South Korea the method of demonstration is as corny as it get and includes, pants dropping, flag eating, throwing excrement and some gruesome shows of animal abuse.

On Wall Street the mood is far different. A clear direction or purpose seems to be lacking and there are as many reasons given for the demonstration as there are disgruntled whiners. It is hard not to see the Wall Streeter’s as Saturday Night Lives’ Doug and Wendy Whiner remade with a cast of thousands.

One complaint among the whiners that is almost universal is; that the rich are too rich and the poor are too poor. (Relative terms here in the U.S.) The Robin Hood mentality of the Obama administration seems to have taken root in the psyche of most demonstrators. Not only has the Obama thrust of wealth redistribution failed but reality shows must have tanked as well because, the Occupy Wall St. crowd is far removed from any known reality.
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Occupy Wall Street: Idiots on Parade

October 7, 2011 | Filed Under Banks, Barack Obama, Budget, Business, Capitalism, Democrats/Leftists, Economy/Finances, Government, Government, Corruption, Jobs, Liberals, RightPundits.com, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

The dregs of humanity have been infesting Wall Street for days, now. But what do they want? They don’t really know.

This is really a sad, sad end to the extremist left-wing movement in America. It started with a bang in the 1960s where, rabble or no, they at least knew what they wanted. It is ending with a whimper as pampered halfwits shuffle around in a perpetual state of agitation with no actual cause to support…

Read the rest at RightPundits.com.

Ron Paul: NOT a Serious Candidate

September 26, 2011 | Filed Under 9/11, Banks, Barack Obama, Budget, Business, Capitalism, Congress, Democrats/Leftists, Economy/Finances, Elections, Federalism, Financial Reform, Foreign Countries, Foreign Policy, Free Trade, GOP, Government, Government, Corruption, History, House of Representatives, Jobs, Law, Military, President, Regulation, Republicans, Ron Paul, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Ron Paul is not serious about running for president nor is he a serious candidate even were he to be so inclined. But serious or no, he is a horrible candidate regardless.

Now, there may have been a time a decade or so ago when Ron Paul really thought he had a shot at being elected the president of the United States but that time has long ago passed into history. His last several campaigns were not serious efforts.

Let’s take Paul’s unserious campaign effort first, before I get to his amazing unsuitability for the White House.

The idea of having a national campaign organization to propel a candidate to winning primaries is predicated on reaching out to local state and country party organizations, working with them on ideas, and bringing some of those local political operatives into your own primary effort. This practice then extends your influence and helps bring ground troops to your game, folks that are influential in each sector of the country, folks that will presumably bring voters to your candidacy.
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Lefty Protesters: Here’s a Poll to Help Us Find Out What We are REALLY Mad About

September 9, 2011 | Filed Under Anti-Americanism, Anti-Semitism, Anti-War, Banks, Budget, Business, Capitalism, Communism, Crime, Democrats/Leftists, Economy/Finances, Ethics, Government, Government, Corruption, Health, Liberals, Military, Obamacare, Socialism, Taxes, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

I had to laugh when I found out about the left’s newest protest du jour. They are hopin’ mad, don’t cha know? So mad that they are busy organizing marches, protests, civil disobedience, and all sorts of activities to protest it all. But amusingly they aren’t even sure what it is they are mad about.

So, like all good citizens in the age of technology, they’ve created a Facebook poll to find out what they should protest!

Now, let me say this: if you are being oppressed by someone, if your life is so bad that you need to organize protests, usually “the problem” is pretty obvious in its seriousness. I mean, if things are so bad that you need mass resistance, you shouldn’t need any Facebook polls to discover what the problem is. It just should be pretty darn obvious.

Other folks in our modern age don’t need polls to find out what to protest. The so-called Arab Spring has its dictators to oppose. The Chinese Falun Gong have that whole being tortured and murdered by Chinese authorities thing going on — a pretty good thing to protest, I’d say. Heck, even though I don’t agree with them, many in the Eurotrash set have something to protest in that their governments are finally wising up and cutting entitlements. It’s all some pretty obvious stuff to oppose, murder, oppression, and entitlement cuts is.
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Obama Jobs By The Numbers

July 8, 2011 | Filed Under Banks, Barack Obama, Budget, Business, Capitalism, Congress, Dan Scott, Democrats/Leftists, Economy/Finances, Free Trade, Government, Government, Corruption, Jobs, Liberals, Republicans, Taxes, Unemployment | 2 Comments

-By Dan Scott

President Obama recently claimed the economy grew by some two millions jobs. This claim was on a seasonally adjusted basis to the middle of 2011. We expect politicians to put their best foot forward and also put the best face they can on their performance, however, as with all things to do with Obama, his rhetoric does not match reality. His claims typically come with an expiration date or a dictionary in liberal speak is needed to decipher his rhetoric into normal understanding. In Obama’s view of the world, we the average person are at fault for not properly understanding what he says, he can’t help if you are not of sufficient intelligence or understanding to grasp the reality of his statements.

Since it’s upon us to elevate our understanding, let’s examine the Bureau of Labor Statistics raw unmassaged numbers to see what actually happened since this recession took hold with a vengeance. Using 2008 as the base year we see some interesting things. Total Employment (total of full and part time workers) on an annual basis was 143,194,000 people holding jobs. In 2009 the first year of his presidency, total employment dropped to 137,775,000. 5,419,000 people lost their jobs in 2009. By 2010, having spent billions on stimulating the economy, and increasing the annual federal budget deficits by over a trillion dollars a year, total employment dropped to 136,858,000. Instead of creating jobs, the total number of people who lost their jobs cumulatively increased to 6,336,000 since 2008. So far by the numbers can you see where President Obama’s policies created 2 million jobs?
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Demagogue In Chief Slams Corp. Jets After Spending Stimulus Money on Them?

June 29, 2011 | Filed Under Anti-Americanism, Banks, Barack Obama, Budget, Business, Capitalism, Congress, Democrats/Leftists, Franklin Deleno Roosevelt, Government, Government, Corruption, Jobs, Liberals, President, Stimulus, Taxes, The Great Depression, Warner Todd Huston | 2 Comments

-By Warner Todd Huston

In his Wednesday presser on the state of the economy President Obama several times attacked those evil rich folks flying about in corporate jets saying that the filthy rich could “afford” higher taxes. But while he spent so much time slamming corporate jets today, back in 2009 the president was pushing a stimulus bill that included tax breaks to corporate jets.

In February of 2009, the stimulus package that Obama pushed heavily as the only way to “save” the country included a provision that, as the Associated Press then reported, “sharply reduces the up front tax bill for companies who buy assets like business planes.”

So, once again we have this president talking out of both sides of his mouth. Back in 2009 we needed a stimulus package that included big tax breaks to corporate jet owners, yet today those corporate jet owners are eeeevil for not paying enough taxes.
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600 More Days of Obama

June 6, 2011 | Filed Under Alan Caruba, Anti-Americanism, Banks, Barack Obama, Budget, Business, Capitalism, Democrats/Leftists, Economy/Finances, Government, Government, Corruption, Jobs, Liberals, President, Stimulus, Taxes, Unemployment | Comments Off

-By Alan Caruba

As of May 30, 2011, America has 600 days more of rule by President Barack Hussein Obama.

He is the 44th President and, while we have had incompetent Presidents in the past, we have never had one determined to destroy the nation. It has taken more than two years for most sentient Americans to grasp this extraordinary threat. He has not solved problems. He has exacerbated them.

Granted the financial crisis began in 2008 as President George W. Bush was finishing his second term, but President Obama—aside from blaming Bush for everything that has occurred on his watch—literally tripled the national debt with dubious and failed “stimulus” programs, plunging the nation into debt that rivals all others in our history.

President Obama had a lot of help in getting elected and will no doubt get it in his effort to secure a second term. The mainstream media has utterly debased itself, sounding more like the state monopolies of fascist nations.
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Fox Business Network Opens New Studio Overlooking Floor of Chicago Mercantile Exchange

May 31, 2011 | Filed Under Banks, Business, Capitalism, Chicago, Economy/Finances, Financial Reform, Fox Business Network, Free Trade, Media, Money, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Fox Business Network is leaping head first into full time coverage right in the thick of it all at the Chicago Mercantile Exchange with a new CME-based studio booth on the next level up from trading floor itself. Interestingly, this marks as the very first time a financial network will have its own, branded booth so close to the floor.

Thursday afternoon I spoke to Fox Business Network correspondent Jeff Flock about the grand opening of the CME booth and asked him what made the Network make this move. “Since both exchanges were consolidated there that makes that floor the center for futures trading in the country and now Fox Business will have a permanent presence where all the traders can see us.”
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The Fannie Mae Mess

May 20, 2011 | Filed Under Alan Caruba, Banks, Budget, Business, Capitalism, Congress, Democrats/Leftists, Economy/Finances, Ethics, Financial Reform, GOP, Government, Government, Corruption, House of Representatives, Liberals, Money, President, Republicans, Senate | Comments Off

-By Alan Caruba

It was a relatively short Wall Street Journal article on Saturday, May 7th. “Fannie Mae Falls Back Into the Loss Column.”

“Fannie Mae reported a net loss of $6.5 billion for the first quarter as a weakening housing market dashed hopes that the company had stabilities,” wrote Nick Timiraos. “Fannie said Friday it would ask the government for a fresh taxpayer infusion of $6.2 billion after paying dividends to the Treasury.”

What we are witnessing—and paying for—is the way this “government-sponsored enterprise” (GSE) has distorted the nation’s housing market since it came into being. Freddie Mac is another GSE that shares the blame.

In a Cato Institute Policy Analysis by David Reiss, the author notes that “Fannie and Freddie are extraordinary large companies: together they own or guarantee more than 40 percent of all the residential mortgages in the United States. This amounts to more than 4.2 trillion dollars in mortgages.”
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Don’t Blame Business For Our Inflation

April 10, 2011 | Filed Under Banks, Budget, Business, Capitalism, Democrats/Leftists, Economy/Finances, Government, Government, Corruption, Jobs, Liberals, Taxes, Thomas Brewton | Comments Off

-By Thomas E. Brewton

Politicians will always falsely blame inflation on businessmen’s “greed.” But only government deficit spending using fiat money can create inflation.

Inflation consists in increasing the money supply faster than the increase in production of goods that people want, the condition we endure today, in spades.

If it were true, as liberal-progressives and politicians of all stripes tell us, that greedy businessmen cause inflation by raising prices whenever it suits them, why should businessmen stop at increases of 2% or 3%? Why not raise prices 50%. The answer, of course, is that they can’t raise prices whenever it suits them without a consumer rebellion.

Note that the Keynesian concept of cost-push inflation is a myth. The phenomenon of raw materials and food cost increases leading to increased wages starts with over-expansion of the money supply. They are results, not causes, of general inflation.
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Government Motors: The Coming General Motors Failure Will Be At Taxpayer’s Expense

March 24, 2011 | Filed Under Banks, Budget, Business, Capitalism, Cities, Congress, Democrats/Leftists, Detroit, Economy/Finances, Financial Reform, Government, Government, Corruption, Liberals, President, Stimulus, Taxes, Warner Todd Huston | 5 Comments

-By Warner Todd Huston

The Obama Administration has proclaimed TARP and the subsequent bailout for General Motors a great success. US Treasury Deputy Timothy Massad recently said, “Where we are today shows that the program, by any reasonably objective measure, was a success.” But is GM, now much derided as “Government Motors” the success that Obama says it is? Facts don’t argue in Obama’s favor.

First of all, we must dispense with the whole idea that a benevolent Obama played sugar daddy to “save” GM and did so without too much meddling with the company. Despite the claims that it is “back” and back in private hands, We The People still own 33% of GM. But government ownership is deeper than the a mere calculated percentage. You see, GM’s Board and its CEO were all placed in their positions by Obama, his czars and advisers. Worse, none of them have any experience at all in the auto industry.

Obama’s GM CEO, Dan Akerson, is not a “car guy” — as he himself admitted. Akerson’s experience is as a Wall Street hedge fund operator not an auto industry exec. He was also a player at the politically connected Carlyle Group and was the firm’s Managing Director.
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House Votes to Defund NPR

March 17, 2011 | Filed Under Banks, Congress, Democrats/Leftists, GOP, Government, Government, Corruption, House of Representatives, Journalism, Liberals, Media, Media Bias, NPR, PBS, Republicans, Senate, Taxes, Warner Todd Huston, Washington D.C. | 1 Comment

-By Warner Todd Huston

On Wednesday morning the GOP led House of Representatives voted to end federal funding for National Public Radio. Saying it made good fiscal sense it is also safe to say that the GOP was catering to its base, a group that has been against funding for NPR for some time.

The bill passed in a 228-192 vote mostly along party lines and will prohibit local NPR stations from using federal funds as well as cut all current funding. This eliminates almost $5 million in federal funding that NPR receives. The bill would not prevent the use of federal funds for producing programs by private firms and individuals…

Read the rest at RightPundits.com.
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