Monthly Archives: January 2010

Five Challenges for President Obama

By Rep. Tom Price
01/20/2010

In the wake of the Christmas Day terror attack, President Obama made an important declaration, one that represents a startling departure from the stance he has offered since being sworn into office one year ago. He said, “Ultimately, the buck stops with me.” This is a remarkable reversal from a President, who at any hint of public criticism over the last twelve months, has erupted in finger-pointing. All of his problems were “inherited,” he regularly reminds us.

This new candor is welcome. With our national mood and prosperity sagging under the weight of his failed first year in office, it’s time for the President to take responsibility for his agenda and demonstrate some leadership in resolving our nation’s challenges. To hold the President to his words, we offer him five challenges for the New Year that, if met, can restore American confidence and prosperity. Continue reading

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Boxer now vulnerable, state Republicans say

By Bob L.  The way I see it!

These Democrats are so arrogant they think that this Country won’t survive with out them.

It sound like it is time to get rid of them all and put some one eles in that will be for the people like the Constitution says FOR THE PEOPLE BY THE PEOPLE, and PROSECUTE any one who thinks they don’t have to abide by it.
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By Josh Richman
Oakland Tribune
Posted: 01/20/2010 04:14:07 PM PST
Updated: 01/20/2010 11:32:27 PM PST

California Republicans say Scott Brown’s win in the Massachusetts special Senate election portends a conservative wave in November’s midterm elections, and electoral doom for incumbent U.S. Sen. Barbara Boxer, D-Calif.

But Democrats cite big differences between the Bay State and the Golden State, and Boxer’s challengers have a much tougher row to hoe than Brown did.

California Republican Party Chairman Ron Nehring asked Tuesday whether Democrats “will finally start listening to the American people, who want taxes lowered, the debt retired, and government out of the way; or if they will continue to let the most radical elements of their party continue to determine the direction of the country. With Scott Brown’s election, the opportunity to do the latter has just been cut short. Continue reading

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AP source: Obama seeks bigger banking restrictions

By Bob L.  The way I see it!

Is this just another slick trick to steer every one away from some thing else so he slide us into a one world Government before any one can find out.

Sorry HE has lied so much, you can’t trust any thing he says or does.
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AP
By JIM KUHNHENN, Associated Press Writer
01/21/10

WASHINGTON – President Barack Obama, eager to harness and redirect voter anger over bank bailouts, is ramping up his war on Wall Street.

Building on his own proposals and the work of the House, the president wants new federal government powers to limit the size and complexity of large financial institutions and to limit their ability to engage in high-risk trades.

Obama will make the announcement Thursday, a senior administration official said, in a bipartisan display aimed at capitalizing on the one issue in his agenda still standing after a devastating Democratic electoral loss in Massachusetts. Continue reading

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Senate set to vote on pay-go bill to clear way for debate over debt

By Walter Alarkon
01/18/10

Senators will vote on a pay-as-you-go measure this week as they move to address the country’s growing $12.3 trillion debt.

Senate Majority Leader Harry Reid (D-Nev.) will bring pay-go to the floor as an amendment to a bill seeking to increase the federal debt ceiling, part of a deal made with House Speaker Nancy Pelosi (D-Calif.) in a broader debate over the federal debt.

Pay-go requires mandatory spending increases to be offset with spending cuts elsewhere or tax hikes. Reid’s office said the language is still being worked out.

The Senate debate on the debt-limit increase will begin Wednesday.

The debt-limit increase and pay-go are pieces of a bigger fiscal reform puzzle. Continue reading

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Let’s Hope These 4 Things Don’t Happen

U.S.News & World Report

By Rick Newman
January 13, 2010

In the cast of corporate characters, Fannie Mae and Freddie Mac are A-list villains, thanks to the central role they played in the 2008 financial meltdown. The two mortgage-finance firms failed as spectacularly as AIG, the poster child for finance-gone-wrong, with the combined Fannie-Freddie rescue totaling about $111 billion so far–the biggest bailout of all. Both firms are effectively nationalized, and the government would probably wind them down except for one thing: They underwrite about three quarters of all the mortgages issued in the United States.

[See how the government is swallowing the economy.] Continue reading

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Obama tells banks: `We want our money back’

By Bob L.     The way I see it.Laughing Pig Clip Art

 people Animation _ dinamobomb Is this just another story to make people think he is going to do some thing good to happen, or is it just a cover up to throw every one off so he can slide some thing through before any one can stop it.
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AP
By Jim Kuhnhenn, Associated Press Writer
January 14, 2010

WASHINGTON (AP) — President Barack Obama told banks Thursday they should pay a new tax to recoup the cost of bailing out foundering firms at the height of the financial crisis. “We want our money back,” he said.

In a brief appearance with advisers at the White House, Obama branded the latest round of bank bonuses as “obscene.” But he said his goal was to prevent such excesses in the future, not to punish banks for past behavior. Continue reading

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When Conservative Felonies Become Liberal Misdemeanors

By Victor Davis Hanson
January 14, 2010

Why in matters of stupid behavior do liberals and Democrats often get second and third chances from the media and general public not accorded to their conservative and Republican counterparts?

We’re seeing it now in the national reaction to Senate Majority Leader Harry Reid’s reported racial gaffe. Compare how he’s being treated to what happened to Trent Lott in 2002.

Public and media pressure forced Lott to resign his Senate minority leadership post after going way over the top at a private birthday party for Strom Thurmond. In his tribute to Thurmond, Lott heaped praise on the centenarian senator’s 1948 Dixiecrat presidential candidacy — despite the fact it was predicated mostly on promoting racial segregation. Continue reading

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Here’s at Least One Job ‘Created or Saved’


Greg Pollowitz
Thursday, January 14, 2010

Washington, DC – In the face of rising unemployment and record-breaking deficits, policy experts at the National Center for Public Policy Research are criticizing the Obama Administration for awarding a half million dollar grant from the economic stimulus package to Penn State Professor Michael Mann, a key figure in the Climategate controversy.

“It’s outrageous that economic stimulus money is being used to support research conducted by Michael Mann at the very time he’s under investigation by Penn State and is one of the key figures in the international Climategate scandal.  Penn State should immediately return these funds to the U.S. Treasury,” said Tom Borelli, Ph.D., director of the National Center’s Free Enterprise Project. Continue reading

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9 Vt. state office candidates favor secession

AP
By JOHN CURRAN, Associated Press Writer
01/13/2010

SHELBURNE, Vt. – Peter Garritano thinks it’s time for Vermont to call it quits with America.

The way the 54-year-old automobile salesman sees it, the “empire” is about to implode and tiny Vermont can lead the way by becoming its own independent republic. So he’s running for lieutenant governor, topping a slate of secession-minded candidates seeking statewide offices this year. Continue reading

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Fed to People: It’s Not Our Fault

By Bob L.
 Drunk Animation _ dinamobomb
 Drunk Animation _ dinamobomb  Drunk Animation _ dinamobomb
This Is Our Government On Power
This is just exactly what this administration thinks of America and the people, they don’t care how broke they keep the people,
just as long as they can profit from it.


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Seeking Alpha

Peter Schiff   January 10, 2010

It seems that the primary qualification needed by any chairman of the Federal Reserve is the ability to never admit error, no matter how damning the evidence. During his tenure on the job, Alan Greenspan set the standard for implausible deniability. But in a speech last weekend in Atlanta, current chairman Ben Bernanke did the Maestro one better. In a tortured academic dissertation, Bernanke explicitly denied any Fed culpability for inflating the housing bubble and for the financial crisis that began when it burst. Despite his best efforts, no one seemed particularly convinced. By taking such an absurd stand, he has destroyed any credibility he may have had left. Continue reading

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