Sunday, September 25, 2011

Problems For The President: Americans Give Him Lowest Approval Rating Ever

Problems For The President: Americans Give Him Lowest Approval Rating Ever YouGov US Opinion Center
57% believes most of what he says is what he wants people to hear, and not what he really believes.
That is one point short of the highest percentage recorded on this question in this poll.

Saturday, September 24, 2011

The Latest Ugly Truth About Pakistan

The Latest Ugly Truth About Pakistan - NYTimes.com
Pakistan’s spy agency — Inter-Services Intelligence — played a direct role in supporting insurgents who attacked the American Embassy in Kabul last week, killing 16 people.
He also said that with ISI support, the Haqqani network of terrorists planned and conducted an earlier truck bombing on a NATO outpost that killed 5 people and wounded 77 coalition troops, and other recent attacks.

Mrs. Warren’s profession, cont’d

Mrs. Warren’s profession, cont’d Power Line
President Obama operates on a different philosophy of government from that of the Founders.
His credo is reflected in the proposition: “I think at some point you have made enough money.”

The Founders thought that at some point the government had enough power.
Obama, however, is a devout believer in unlimited government.

Five Myths About Millionaires

Instapundit » Blog Archive »
WASHINGTON POST:
Five Myths About Millionaires.
Including this one: “In a speech on Monday, Obama said raising taxes on millionaires isn’t class warfare, but ‘math.’

His math may be off: According to the IRS, those with adjusted gross incomes of more than $1 million paid an average of 23.3 percent in federal income taxes in 2008; those earning between $100,000 and $200,000 paid 12.7 percent; and those earning between $50,000 and $100,000 paid 8.9 percent.
Half of American families don’t make enough money to pay income taxes at all.”
And that’s the real problem.
Everyone should have skin in the game.

UPDATE: A couple of readers suggest that payroll taxes provide the necessary skin.
Well, yes and no.
On the one hand, payroll taxes for Social Security, etc., are allegedly more like insurance premiums — and they’re not paid by those who aren’t working, or who are working under the table.
On the other hand, the fact that we’re currently enjoying a payroll-tax reduction that will be politically hard to eliminate suggests that where more people have a stake, there’s more pressure for lower taxes.

Want to bet that if everyone paid income taxes, and if, as I’ve suggested before, the amount always went up when federal spending went up, we’d see a lot more resistance to increased federal spending?

Why not pay back taxpayers first?

Why not pay back taxpayers first? « » Print The Daily Caller
The $15 billion aside, if GM is so profitable it can afford to give its new hires a raise and all its UAW workers plush health benefits and a big bonus, that’s great.
But why do I fear the economic assumptions underlying these numbers will prove to be unrealistic?
......Plus the whole new car market may be shrinking as the economy stalls.

Chart of the Day: 15-Yr. Fixed Rates at Record Low

CARPE DIEM: Chart of the Day: 15-Yr. Fixed Rates at Record Low
The 15-year fixed mortgage rate fell to a new all-time low this week of 3.29%, according to Freddie Mac.

Imagine what housing sales would be without these record setting low mortgage rates.
The situation is worse than it seems.

Global Warming: the Guilty Men

Global Warming: the Guilty Men – Telegraph Blogs
They foresaw with lucid, prophetic accuracy exactly how and why the euro would bring with it financial devastation and social collapse.

» The AFL-CIO Defends Union Violence As A ‘Legitimate’ Union Activity

» The AFL-CIO Defends Union Violence As A ‘Legitimate’ Union Activity… - Big Government
Forget for a moment that a man was stabbed in the throat, hot coffee thrown on non-union workers, sand put into gas tanks and a woman threatened with sexual assault.
Forget the fact that the judge presiding over the federal racketeering case against Operating Engineers, Local 22, in Buffalo, NY ultimately rejected the AFL-CIO’s attempt to file a amicus brief, the sheer fact that the national AFL-CIO even attempted to intervene speaks volumes:

“We’re not condoning the allegations or arguing that union officials are completely immune from prosecution,” said Jonathan D. Newman, a lawyer for the AFL-CIO.
Instead, we simply want to make sure that the [federal law] is not interpreted in a way that could have a chilling effect on legitimate union activity.”

Investing in a Downturn: A History Lesson

Investing in a Downturn: A History Lesson
If plans continue to anticipate a blended return of 7 or 8 percent but receive far less in the coming decade, their funding ratios will deteriorate even further, and employer costs will continue to skyrocket

A damn expensive skyrocket for the taxpayers, their kids and generations of unborn children.
Disgusting!

Government Loans to Nowhere

Michelle Malkin » Government Loans to Nowhere
Little noticed in the White House jobs-for-cronies proposal is a provision creating yet another corruption-friendly “government corporation” that would dole out public infrastructure loans and loan guarantees.
Because, you know, the government-chartered, political hack-stacked Fannie Mae and Freddie Mac “public-private partnerships” — which have incurred an estimated $400 billion in losses while enriching bipartisan Beltway operatives — worked out so well for American taxpayers.

The new monstrosity, dubbed the “American Infrastructure Financing Authority” (AIFA), would “provide direct loans and loan guarantees to facilitate investment in economically viable infrastructure projects of regional or national significance,” according to the White House plan.

President Obama would have the power to appoint AIFA’s chief executive officer and a seven-member board of directors.
No doubt the nominees would include the likes of AFL-CIO Chief Richard Trumka on the left and the U.S. Chamber of Commerce on the right — strange Obama bedfellows who have formed a Big Labor-Big Business-Big Government alliance supporting Obama’s infrastructure slush fund.

The Power of Flat Out Lie

The Power of Flat Out Lies Mother Jones
Not to put too fine a point on it, but this is a real problem for liberals.
Sure, we cherry-pick evidence, we spin world events, and we impose our worldview when we talk about policy.
Everyone does that.
But generally speaking, our opinion leaders don't go on national TV, look straight into the camera, and just outright lie about stuff.

A scary look into the mind of the madness of the left....

State Lawmakers Pump Up Pensions in ways YOU Can't

State Lawmakers Pump Up Pensions in ways YOU Can't
Most pensions for state legislators are based on three numbers

This is really sick.
And they get away with it because we don't seem to care enough to call them out on it.
Let's get moving folks!

Money for Nothing: Phoenix taxpayers foot the bill for union work

Money for Nothing: Phoenix taxpayers foot the bill for union work Goldwater Institute
Phoenix taxpayers spend millions of dollars to pay full salary and benefits for city employees to work exclusively for labor unions, a Goldwater Institute investigation found.
Collective bargaining agreements with seven labor organizations require the city to pay union officers and provide members with thousands of additional hours to conduct union business instead of doing their government jobs.
The total cost to Phoenix taxpayers is about $3.7 million per year, based on payroll records supplied by the city. In all, more than 73,000 hours of annual release time for city workers to conduct union business at taxpayers’ expense are permitted in the agreements.

This is incredible!

Hallmark unveils "layoff cards" for the unemployed

Hallmark unveils "layoff cards" for the unemployed - 13 WTHR

Now, there's "hope and change" you really can believe in!

'Canceling all liberty': Michigan LST Association says farewell aboard LST 393 in Muskegon

'Canceling all liberty': Michigan LST Association says farewell aboard LST 393 in Muskegon MLive.com
The organization - which once boasted 300 members, all of whom served aboard LSTs like the old warship, USS LST 393, docked in Muskegon - is preparing to disband.

Farewell and God speed you American heroes.

The Gaffe that Time Forgot: Lincoln’s Intercontinental Railroad

The Gaffe that Time Forgot: Lincoln’s Intercontinental Railroad Verum Serum
Is this a big deal?
Of course not.
It’s obvious the President stumbled, probably thinking of our modern interstate road system and transposed that onto the transcontinental railroad. But if Sarah Palin or Michele Bachmann had said this, you can bet there would be lots of people pointing out what an embarrassing historical gaffe it was.
Paul Revere’s ride and John Quincy Adams are the most recent examples of this trend.
Those gaffes were national news.
The intercontinental railroad was not.

People misspeak.
Sometimes they say things that are wrong.
The difference is, the right doesn’t capitalize on every one of these and try to form a narrative around them about the stupidity of, say Barack Obama.


The left can’t seem to help itself, especially when it comes to conservative women.
Addendum: Thanks to Instapundit for the link.
Just wanted to point out he’s made this same gaffe quite a few times http://www.verumserum.com/?p=26824 .

Elizabeth Warren's campaign revises pay from TARP panel

Elizabeth Warren's campaign revises pay from TARP panel - Scott Wong and John Bresnahan - POLITICO.com
The campaign for Democratic Senate hopeful Elizabeth Warren said Friday she had been paid $192,722 for serving as chairman of a congressional committee that monitored the 2008 federal bank bailout, three times as much as had originally been acknowledged.

Same gal who thinks no one gets rich on her own.
No liberals, that is.

Elizabeth Warren: "There Is Nobody In This Country Who Got Rich On His Own"

Elizabeth Warren: "There Is Nobody In This Country Who Got Rich On His Own" RealClearPolitics
“I hear all this, you know, ‘Well, this is class warfare, this is whatever.
No.
There is nobody in this country who got rich on his own — nobody," Elizabeth Warren (D-Massachusetts) said.
Warren is running for the Democratic nomination for U.S. Senate in Massachusetts.
Warren hopes to face off with Sen. Scott Brown (R-MA) in the general election.

This is exactly what most liberal believe.
Sad.
Frightening!

Complacency Despite End Of World As We Know It

Complacency Despite End Of World As We Know It - Investors.com
Headline from CNBC: "Global Meltdown: Investors Are Dumping Nearly Everything."

I assumed "Nearly Everything" was the cute name of a bankrupt, worthless, planet-saving green-jobs start-up backed by Obama bundlers and funded with a gazillion dollars of stimulus payback.
But apparently it's "Nearly Everything" in the sense of the entire global economy.

Reforms Generate massive Savings

Reforms Generate massive Savings - 620 WTMJ - Milwaukee's Source for Local News and Weather
A detailed study by the MacIver Institute suggests potentially huge savings from Governor Walker's budget reform bill, perhaps as much as $622 million.
So, if you take the 494.95 per student savings from increased health insurance and pension payments, add in the $211.45 per student savings from school districts that shopped around for their health insurance, you come out to a potential savings of $706.40 per student.
$706.40 in potential savings per student x 881,886 students in Wisconsin = $622,964,270.40 in savings statewide.
.....Bottom line - the savings from increased contributions from teachers to pay for their own health insurance (12% required by Act 10) and pension (5.8% required by Act 10) benefits so far based on media reports around the state, 74 out of the 400 plus school districts in the state, is $162 million or $494.95 per student.
If you project out that average savings over the entire student population in Wisconsin (881,886 students statewide), you come to a potential savings of $448 million.
Just from health insurance and pension contributions.
With the added flexibility given in Act 10, school districts will be able to find other ways to save money.

Sea Level: Another Thing The IPCC Got Wrong

Sea Level: Another Thing The IPCC Got Wrong JunkScience Sidebar
In its influential report the IPCC assumed that global sea level change during the past two thousand years up to the middle of the nineteenth century, was zero.

To my mind this is a puzzling statement.
Few parameters of our complex, changing world are actually zero.
If it is zero then it is in stark contrast to today’s rising seas, and if one was cynical one could deduce a political motive behind the IPCC’s sweeping statement.
Whatever the motivation it is obvious that looking at sea level change over the past two thousand years is essential to put today’s changes into context.

Friday, September 23, 2011

Chris Christie Reconsidering 2012 Run, Will Decide in Days

Chris Christie Reconsidering 2012 Run, Will Decide in Days
New Jersey Gov. Chris Christie is reconsidering his decision not to enter the 2012 presidential race — and he says he will let top Republican donors know within days about his plans, Newsmax has learned.!!!!!!!!!!!!!!!!!!!

Meanwhile Things Are About To Get A Whole Lot Worse In Spain

Meanwhile Things Are About To Get A Whole Lot Worse In Spain
For example, the Bank of Spain took over (and operates) Caja del Mediterraneo (CAM) that has a delinquency rate greater than 40%.
The BoS wants to auction it off, but there does not seem to be any interested parties.

The President’s New Spending Plan, By the Numbers

The President’s New Spending Plan, By the Numbers Power Line

BarryO is a very poor liar.
And it seems everyone gets it by BarryO.

New gaffe: Obama hails America's historic building of 'the Intercontinental Railroad'

New gaffe: Obama hails America's historic building of 'the Intercontinental Railroad' - latimes.com
"We’re the country that built the Intercontinental Railroad," Barack Obama.

That's what the president of the United States flat-out said Thursday during what was supposed to be a photo op to sell his jobs plan next to an allegedly deteriorating highway bridge.

A railroad between continents?
A railroad from, say, New York City all the way across the Atlantic to France?
Now, THAT would be a bridge!

It's yet another humorous gaffe by the Harvard graduate, overlooked by most media for whatever reason. Like Obama saying Abraham-Come-Lately Lincoln was the founder of the Republican Party.
Or Navy corpseman.
Or the Austrian language.
Fifty-seven states.
The president of Canada. Etc.

Return of the real Obama

Return of the real Obama - The Washington Post
In a 2008 debate, Charlie Gibson asked Barack Obama about his support for raising capital gains taxes, given the historical record of government losing net revenue as a result.
Obama persevered: “Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness.”

A most revealing window into our president’s political core:
To impose a tax that actually impoverishes our communal bank account (the U.S. Treasury) is ridiculous. It is nothing but punitive.
It benefits no one — not the rich, not the poor, not the government.
For Obama, however, it brings fairness, which is priceless.

Banks may face bigger Greek bond hit

Banks may face bigger Greek bond hit -Deutsche Bank Reuters
European banks may face a bigger-than-expected hit from an internationally agreed swap arrangement on Greek government debt, Deutsche Bank (DBKGn.DE) said on Friday.
Private sector creditors agreed in July to take a 21 percent loss on Greek bonds maturing before 2020, but the loss is more likely to be 25 percent or more, said Charlotte Jones, in charge of group controlling at Germany's biggest lender.

Drill, Cuba, Drill

Drill, Cuba, Drill - Investors.com
Deep-water drilling will resume in the Florida Strait when a giant, semi-submersible oil rig en route from Singapore arrives later this fall.
The bad news is it will not be American.

While U.S. oil and energy prices "necessarily skyrocket," as President Obama once said they would under energy policies that have imposed a de facto ban on offshore drilling, a massive Chinese-built semi-submersible oil rig is on its way from Singapore to a drilling position off northwest Cuba perhaps as little as 50 miles from Key West, Fla.

Minnesota High School Runner Josh Ripley Called Hero After Helping Competitor

Minnesota High School Runner Josh Ripley Called Hero After Helping Competitor - ABC News
"After I got cut, I just kind of fell," Mark said.
"It was around a 90-degree corner, and I was just trying to get out of the way of all the other runners.
I huddled against a fence, yelling, 'Can I get a transport over here?'"
That's when Josh stopped.
"He just picked me up without saying anything and started carrying me and trying to calm me down.
He said, 'It's going to be OK.
I'm going to get you to your coaches,'"
Mark said, estimating that he was carried about a quarter mile.
"I'm just incredibly grateful for what he did."

OBAMA'S GONE COUNTRY: "I Blame Everyone" by Lars Larson is hilarious



"Obama Goes Country With 'I Blame Everyone, Man'

Recently, I kept hearing the president on the radio blaming hurricanes, tsunamis, earthquakes, the price of gas, tea party members and everything under the sun for the failure of his ridiculous policies for America.
 I thought, “This sounds like one of those country western songs I love so much.
There has to be a way to put this to music.”

By co-incidence, a listener had just sent me a YouTube video of “I’ve Been Everywhere” (written by Geoff Mack in ‘59 and first put on the charts by Lucky Starr back in ‘62).
I contacted Kurt Van Meter, a bright young country/western singer/songwriter (his day job is police officer), and we teamed up for a parody cover of the tune.

It occurred to me that the president was trying to tell America, “The tsunami ate my homework,” so I sent Kurt a chorus line and a lot of ideas about the things I wanted to include in the lyrics.

We tried to work in everything the president has blamed (and a bunch of his other lame excuses), along with the names of folks who represent the right solutions for America (Ann Coulter, Sean Hannity, Glenn Beck, the Tea Party, etc.), I regret he couldn’t work in my friend Mark Levin, as he is probably the best thinker in the business.

In two weeks, we had a scratch recording, which Kurt then fine tuned with help from producer Ron “Chicabowwow” Chick.

Here’s what we came up with."