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Bernanke defends AIG rescue, says U.S. had no choice
Post Date: 2009-03-03 23:03:53 by Rotara
1 Comments
WASHINGTON (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke on Tuesday defended the government's latest bailout of embattled insurer AIG, telling irate lawmakers that he was also angry, but that the failure to act could have triggered an economic disaster. Bernanke, in testimony to the Senate Budget Committee, gave a grim view of U.S. economic prospects, saying labor market conditions may have worsened in recent weeks. His comments helped drive the stock market briefly lower. Pressed by the Senate committee to justify the latest in an expanding series of bailouts for American International Group, Bernanke said there was no alternative, even though the company had been ...

The Name of the Game is Bailout
Post Date: 2009-03-03 22:57:45 by Rotara
3 Comments
From G. Edward Griffin's book, The Creature From Jekyll Island - A Second Look at the Federal Reserve:Chapter Two: The Name of the Game is Bailout The final solution on behalf of the banking cartel [i.e., the Federal Reserve and those private banks, such as Morgan, etc.] is to have the federal government guarantee payment of the loan should the borrower default in the future. This is accomplished by convincing Congress that not to do so would result in great damage to the economy and hardship for the people. From that point forward, the burden of the loan is removed from the bank's ledger and transferred to the taxpayer. Poster Comment:Sound familiar ? Anyone ? ******* Bernanke ...

It's pitchfork time
Post Date: 2009-03-03 12:30:44 by Rotara
12 Comments
In his campaign and inaugural address, Barack Obama cast himself as a moderate man seeking common ground with conservatives. Yet, his budget calls for the radical restructuring of the U.S. economy, a sweeping redistribution of power and wealth to government and Democratic constituencies. It is a declaration of war on the right. The real Obama has stood up, and lived up to his ranking as the most leftwing member of the United States Senate. Barack has no mandate for this. He was even behind McCain when the decisive event that gave him the presidency occurred – the September collapse of Lehman Brothers and the market crash. Republicans are under no obligation to render bipartisan ...

The Limbaugh - Steele Feud: Rahm’s Beautiful Ballet
Post Date: 2009-03-03 12:19:29 by Brian S
9 Comments
Who wouldn’t want to see the Rush Limbaugh – Michael Steele feud portrayed in a ballet? It’s got all the elements. A fiery story of betrayal, vengeance, reconciliation combined with predictable, but beautiful, choreography. All that’s missing are the unitards. Obama chief of staff Rahm Emanuel’s choreography is not only prescient but perfectly followed. He outlined the production on “Face the Nation” this past Sunday. “Whenever a Republican criticizes Limbaugh, they have to run back and apologize to him and say they were misunderstood,” Emanuel said, unleashing forces behind the upcoming performance. Act I - The Violation Michael Steele ...

Pawlenty Says Republicans Must Move Beyond Reagan to Rebuild Their Party
Post Date: 2009-03-03 11:42:47 by Brian S
28 Comments
March 3 (Bloomberg) -- Minnesota Governor Tim Pawlenty has a message for his fellow Republicans: Get over Ronald Reagan. Like most Republicans, Pawlenty pays homage to the Reagan legacy. At the same time, he is urging his party to get beyond its Reaganite past. Pawlenty, 48, presented his vision of Reagan 2.0 at the Conservative Political Action Conference in Washington last weekend. The old Republican orthodoxy of limited government, lower taxes and conservative social policies needs an update if the party hopes to challenge Democrats on issues such as health care, energy and education, he said. “We need to develop new Ronald Reagans and new reference points,” Pawlenty said in ...

Bernanke: Government Action Key to Economic Recovery
Post Date: 2009-03-03 11:41:03 by Rotara
2 Comments
By: AP and Reuters | 03 Mar 2009 | 10:26 AM ET Ben BernankeFederal Reserve Chairman Ben Bernanke says the timing and strength of any economic recovery will hinge on the government's ability to prop up shaky financial markets.In testimony prepared for the Senate Budget Committee, Bernanke says that although progress has been made on the financial front since last fall, "more needs to be done." The Obama administration revamped a $700 billion financial bailout program aimed at helping strengthen banks, but has said additional money could be needed.Bernanke urged bold government action to pull the economy out of a deepening slump, even if it means a surge in federal debt.Watch ...

Governor Of Kansas Tapped to Lead HHS - Sebelius Would Play Key Role In Health-Care Reform Plans
Post Date: 2009-03-02 14:00:44 by Rotara
1 Comments
Kansas Gov. Kathleen Sebelius, an early backer of Barack Obama's White House bid, spoke at the Democratic National Convention in Denver last year. (By Win Mcnamee -- Getty Images) Kansas Gov. Kathleen Sebelius yesterday accepted President Obama's request to become his secretary of health and human services, stepping into a central role in the new administration's ambitious effort to overhaul the nation's health-care system. Sebelius's nomination comes just days before the White House is scheduled to convene a summit on health reform, an early step in the president's bold plan to vastly expand the reach of the health-care system. A formal announcement of her ...

New World Order Crony Gary Hart Calls for “Civic Duty”
Post Date: 2009-03-01 16:06:00 by Rotara
6 Comments
New World Order Crony Gary Hart Calls for “Civic Duty” Text size Kurt Nimmo Infowars March 1, 2009 Citing none other than Pericles and John F. Kennedy, CFR member and New World Order minion Gary Hart declares on the liberal Huffington Post website that “the notion of dedication, participation, and service is as old as the Republic itself.” Hart says the globalist front man Barack Obama has awakened “a renewed spirit of national service” and the “American Republic must now respond.” For Hart and the Greek elitist Pericles, those who do not respond are “useless” and devoid of “civic virtue.” Gary Hart admits the attacks of ...

Jindal Admits Katrina Story Was False
Post Date: 2009-02-27 13:37:30 by Brian S
5 Comments
Looks like the game is up. Remember that story Bobby Jindal told in his big speech Tuesday night -- about how during Katrina, he stood shoulder-to-shoulder with a local sheriff who was battling government red tape to try to rescue stranded victims? Turns out it wasn't actually, you know, true. In the last few days, first Daily Kos, and then TPMmuckraker, raised serious questions about the story, based in part on the fact that no news reports we could find place Jindal in the affected area at the specific time at issue. Jindal had described being in the office of Sheriff Harry Lee "during Katrina," and hearing him yelling into the phone at a government bureaucrat who was ...

John Bolton at CPAC: The Benefits of Nuking Chicago [Full Thread]
Post Date: 2009-02-27 10:50:03 by bush_is_a_moonie
46 Comments
Former UN Ambassador John Bolton believes the security of the United States is at dire risk under the Obama administration. And before a gathering of conservatives in Washington on Thursday morning, he suggested, as something of a joke, that President Barack Obama might learn a needed lesson if Chicago were destroyed by a nuclear bomb. Appearing at the Conservative Political Action Conference (CPAC), the nation's largest annual conference of conservative activists, Bolton, one of the hardest hardliners of the George W. Bush administration, spoke at length about Obama's naiveté and how various nations – Russia, North Korea, Iran – will be exploiting the new ...

Obama Budget Has Contingency for More Aid to Banks (Update1) [Chimperor Part Deux]
Post Date: 2009-02-26 19:11:24 by Rotara
0 Comments
Feb. 26 (Bloomberg) -- President Barack Obama’s first budget request includes a contingency for as much as $750 billion in new aid to the financial industry this year while laying plans for a health-care system overhaul and higher taxes on the wealthy. The spending blueprint, sent to Congress today, forecasts record outlays for the current fiscal year of $3.94 trillion, up 32 percent from a year ago. That would yield a record deficit of $1.75 trillion in the year ending Sept. 30, equal to about 12 percent of the nation’s gross domestic product, the highest since World War II. The Obama administration plans to spend $3.55 trillion in fiscal 2010, beginning Oct. 1, with ...

GOP Rising Star Jindal's Speech A 'Coming-Out Party' [Full Thread]
Post Date: 2009-02-24 19:32:09 by Brian S
47 Comments
WASHINGTON (CNN) -- Thrust into the spotlight as a Republican rising star, Louisiana Gov. Bobby Jindal has been depicted as an up-and-comer capable of helping reshape the party and jockeying for the 2012 GOP presidential nomination. Being tapped to give the GOP response to President Obama's address elevates Gov. Bobby Jindal's standing in the party. Being tapped to give the GOP response to President Obama's address elevates Gov. Bobby Jindal's standing in the party. And now, Jindal's party is putting him on a national platform, awarding the once little-known congressman the political plum of delivering the Republican's televised response to President Barack ...

OBAMA PUTS BIDEN IN CHARGE OF STIMULUS FUNDS
Post Date: 2009-02-23 14:07:15 by Rotara
2 Comments
Obama and Biden yuk it up. Last updated: 12:06 pmFebruary 23, 2009 Posted: 12:05 pmFebruary 23, 2009 The gaffe-prone Joe Biden will now be handling more of your money. President Obama said his vice president would oversee the implementation of the $787 billion economic stimulus package. Obama made the announcement today before the National Governors Association in Washington, saying Biden will not only ensure that the cash is distributed, but make sure it is "also efficient and effective." "The fact that I'm asking my vice president to personally lead this effort shows how important it is for our country and future to get this right," Obama said. In his new ...

After Bush regime handed over the keys of the kingdom to the rich Zionist bankers as part of the Planned Collapse of America, more and more people are using the 'R" word. Or you can always take a blue pill, drink some fluorinated water and watch faux news.
Post Date: 2009-02-23 08:45:16 by Itistoolate
5 Comments
After Bush regime handed over the keys of the kingdom to the rich Zionist bankers as part of the Planned Collapse of America PDF, more and more people are using the 'R" word. Or you can always take a blue pill, drink some fluorinated water and watch faux news.

ABRAHAM LINCOLN'S AMERICA
Post Date: 2009-02-18 10:09:24 by Rotara
3 Comments
America just celebrated Presidents Day this past Monday. What first began as an observance for President George Washington has (since the 1980s) morphed into the generic "Presidents Day," which is a politically correct celebration of mediocrity that forces our nation's greatest President to be lumped together with incompetents such as Ulysses S. Grant, Woodrow Wilson, and Jimmy Carter.On the occasion of Presidents Day, a USA Today/Gallup poll asked the American people to select the greatest President. The top five Presidents, according to the Gallup poll, are (in order): Ronald Reagan, John Kennedy, Abraham Lincoln, Franklin Roosevelt, and George Washington.Can you believe it? ...

Former El Paso Border Patrol Agents Released From Prison
Post Date: 2009-02-17 13:32:26 by X-15
5 Comments
At 3 a.m. mountain time, former Border Patrol agent Jose Compean was released from the Elkton Federal Prison in Elkton, Ohio. Former agent Ignacio Ramos was released about five hours later from the Phoenix Federal Prison in Phoenix, Ariz. Ramos and Compean will officially be released from Federal Bureau of Prison custody on March 20, but on Tuesday both were allowed to rejoin their families. They had been in prison since January 2007. Ramos and Compean were in prison for shooting drug smuggler Osvaldo Aldrete Davila and then trying to cover it up. On President George W. Bush’s last day in office, Jan. 19, 2009, he commuted the sentences of the two former Border Patrol agents. KFOX ...

GOP Tries to Restore Image of Fiscal Discipline
Post Date: 2009-02-17 12:25:07 by Brian S
4 Comments
(02-17) 00:00 PST WASHINGTON, (AP) -- Seeking political traction, Republicans are using the economic stimulus package to try to restore an image of fiscal discipline tarnished by a free-spending GOP Congress under former President George W. Bush. The return to what many Republicans consider their small-government, tax-cut roots is driving unity in a party that now lacks power in the White House and in the Democratic-controlled House and Senate. Only three Republicans — Senate moderates — voted for the $787 billion measure aimed at pulling the country out of recession. The rest assailed it as filled with pet projects, too light on tax cuts, and too quickly pushed through Capitol ...

U.S. now sees Iran as pursuing nuclear bomb (Uh Oh)
Post Date: 2009-02-12 01:53:12 by Rotara
20 Comments
U.S. now sees Iran as pursuing nuclear bomb In a reversal since a 2007 report, U.S. officials expect the Islamic Republic to reach development milestones this year. By Greg Miller February 12, 2009 Reporting from Washington -- Little more than a year after U.S. spy agencies concluded that Iran had halted work on a nuclear weapon, the Obama administration has made it clear that it believes there is no question that Tehran is seeking the bomb. In his news conference this week, President Obama went so far as to describe Iran's "development of a nuclear weapon" before correcting himself to refer to its "pursuit" of weapons capability. ...

PAKISTANIS TO HOLBROOKE: WE'RE SICK OF BEING PAWNS
Post Date: 2009-02-12 00:55:40 by Rotara
0 Comments
PAKISTANIS TO HOLBROOKE: WE'RE SICK OF BEING PAWNS ISLAMABAD, Pakistan – As the Obama administration’s special envoy, Richard Holbrooke, meets with Pakistani officials this week, he is likely to find that a grim mood has gripped the country. U.S. drone attacks are leading anti-American sentiment to soar, a Taliban insurgency is growing in strength, tensions with India have been renewed over the Mumbai terrorist attacks, and the war across in Afghanistan is going badly for the United States, causing problems to spill across the border in Pakistan. Many here believe that Pakistan is going through an existential crisis of sorts – 67 percent of those polled by Gallup ...

8 House Dems ask for border fence halt
Post Date: 2009-02-11 14:05:32 by Rotara
2 Comments
TUCSON, Ariz. -- Eight Democratic members of the U.S. House of Representatives are asking for a halt to new border fence construction. In a letter to President Barack Obama, the eight asked for a suspension of fence construction until an evaluation of border security operations being conducted by the new administration is finished. The letter was signed by Arizona Rep. Raul Grijalva, five Texas lawmakers and two from California. Tuesday's letter says there are places where fencing is feasible. But the members wrote that the previous administration's policy of using fencing along much of the border was ill-conceived because local communities and local Border Patrol chiefs ...

Waunakee parents in 'an uproar' over teaching social studies in Spanish
Post Date: 2009-02-10 20:56:14 by X-15
8 Comments
Being taught about famous people and events in Wisconsin history in Spanish is not how some Waunakee parents want their fourth-graders learning social studies at school. “We as parents have been in such an uproar over this,” said Keith Wilke about the district’s elementary language program in which students learn Spanish by having the language integrated into social studies lessons for 30 minutes three days a week in first through fourth grades. “They’re force-fed Spanish.” This is the third year for the program, which has added one grade a year since 2006 and is designed to continue until fifth grade. “A fair amount of (social studies instruction) has ...

Rush Limbaugh Has His Grip On The GOP Microphone [Full Thread]
Post Date: 2009-02-09 13:19:16 by Brian S
47 Comments
As Republicans grapple with their fall from power, not all are comfortable with the talk radio king's suggestion that he, by default, has become the politically wounded party's unofficial leader. February 8, 2009 Reporting from San Francisco and Washington -- In 1994, Rush Limbaugh was a field marshal in the Republican revolution, rallying troops fervid in their passion, armed with a change agenda and determined to shake Washington upside down. Fifteen years later, Republicans are politically hobbled and Democrats are fervid in their passion, armed with a change agenda and determined, along with their new president, to shake Washington upside down. And again there is Limbaugh, ...

New York's GOP Urges Giuliani To Help Them Rebound
Post Date: 2009-02-07 14:29:08 by Brian S
2 Comments
(02-07) 10:53 PST Albany, N.Y. (AP) -- New York Republicans are completely out of power for the first time in four decades. Democrats rule the executive and legislative branches and hold 26 of the state's 29 congressional seats. On the fringes of this grim political tableau hovers a larger-than-life figure who won worldwide acclaim after the Sept. 11 terror attacks. Rudy Giuliani, considered the GOP's best chance for redemption, has a new nickname: Rudy the Savior. In a hypothetical contest for governor, a Jan. 27 Marist College poll found 47 percent of New York voters favored the former New York City mayor, compared to 46 percent for incumbent Democratic Gov. David Paterson. ...

Rev Jesse Lee Peterson Says Barack Obama Was Elected By Mostly Black Racists & Guilty White People
Post Date: 2009-02-06 21:42:43 by X-15
13 Comments
Poster Comment:Suppose a European-American had said this??

Steele Asks RNC Staff to Resign
Post Date: 2009-02-06 20:23:29 by Rotara
14 Comments
Steele Asks RNC Staff to ResignBy Matt LewisFeb 6th 2009 9:17AMFiled Under:eRepublicansFox News is reporting that Michael Steele has requested the resignations of the ENTIRE RNC STAFF (about 100 people). He wants to rebuild from scratch.The story was based on a blog post written last night by Politico's Ben Smith.It is still unclear whether or not staffers will be allowed to re-interview for their positions (my guess) -- or if this is, indeed, a real purge.If there was ever a doubt his election represented a revolutionary shift in direction, this move would certainly put an end to that debate. The reformers won, and -- unlike Obama who seems to have used "change" as merely an ...

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