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Heavy-Handed Politics

"€œGod willing, with the force of God behind it, we shall soon experience a world
without the United States and Zionism."€ -- Iran President Ahmadi-Nejad

Saturday, October 18, 2008

College associate editor says 'Obama is my Jesus'

'I've officially been saved, and soon, the rest of the country will be too'

An associate editor of the campus newspaper at Massachusetts' Smith College has joined the chorus attributing to Democratic presidential candidate Barack Obama messianic characteristics, but she has gone one step further, calling Obama her "Jesus."

"Obama is my homeboy. And I'm not saying that because he's black – I'm saying that in reference to those Urban Outfitters T-shirts from a couple years ago that said, 'Jesus is my homeboy.' Yes, I just said it. Obama is my Jesus," wrote Maggie Mertens in the Smithsophian's commentary section recently under the headline: "I Will Follow Him: Obama As My Personal Jesus."

"While you may be overtly religious and find this to be idol-worshipping, or may be overtly politically correct and just know that everything in that sentence could be found offensive, I'm afraid it's true anyway," she wrote. [Read on]

Will Michelle Obama tape 'change political atmosphere in America'?

African news says she should 'come clean,' but candidate's campaign calls story 'made up'

The African Press International news agency, which reported that Michelle Obama called to protest its coverage of WND investigative stories about her husband – characterizing the source of the material as "racist" and describing WND senior reporter Jerome Corsi as "evil" – now is calling on the possible first lady of the United States to "come clean" about her call.

As WND reported, the Norway-based API said Michelle Obama called to accuse the agency of "colluding with American Internet bloggers in an effort to bring down her husband."

The Obama campaign immediately denied there had been any telephone call from Michelle Obama, flatly dismissing the story as "not real" and "made up." API later responded by claiming it had recorded the conversation. Besieged by demands from both sides of a campaign that has reached the white-hot stage, the agency said although it had the tapes, it would not release them immediately. [Read more]

Libyan leader Muammar Gadhafi: Obama a Muslim, studied in Islamic schools

Says Arab world campaign contributions 'may enable him to win U.S. presidency'
JERUSALEM – Sen. Barack Obama is a Muslim of Kenyan origins who studied in Islamic schools and whose campaign may have been financed by people in the Islamic and African worlds, Libyan leader Muammar Gadhafi said during a recent televised national rally.

"There are elections in America now. Along came a black citizen of Kenyan African origins, a Muslim, who had studied in an Islamic school in Indonesia. His name is Obama," said Gadhafi in little-noticed remarks he made at a rally marking the anniversary of the 1986 U.S. air raid on his country. [Read on]

Quote of the Week

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."

-- Thomas Jefferson (1802)

Friday, October 17, 2008

Compare Keating Five with Fannie Mae Five
Congress got drunk on lobbyist moonshine, ran the economy into a tree, and taxpayers got stuck with the bills. The skid marks point directly to a presidential candidate.
Advertisement

Was it John McCain or Barack Obama? [Read more]

Ayers Is No Education 'Reformer'

By SOL STERN
WSJ.com

One of the most misleading statements during the presidential debates was when Barack Obama claimed that William Ayers was just "a guy in the neighborhood."

But that piece of spin is nothing compared to the false story now being peddled by Mr. Obama's media supporters that Mr. Ayers -- who worked with the Democratic nominee for years to disperse education grants through a group called the Chicago Annenberg Challenge -- has redeemed his terrorist past. In the New York Times, for example, Frank Rich writes that "establishment Republicans and Democrats alike have collaborated with the present-day Ayers in educational reform."

I've studied Mr. Ayers's work for years and read most of his books. His hatred of America is as virulent as when he planted a bomb at the Pentagon. And this hatred informs his educational "reform" efforts. Of course, Mr. Obama isn't going to appoint him to run the education department. But the media mainstreaming of a figure like Mr. Ayers could have terrible consequences for the country's politics and public schools.

The education career of William Ayers began...... [continue reading]

Will Russia Fall Apart?

By Vasko Kohlmayer
FrontPage Magazine
Under populated at present, the problem is only going to grow worse in the years ahead. Due to the low birth rates (1.4 per woman) and short life expectancy (barely 59 years for males) the Russian population is declining at an alarming rate. According to estimates by the UN, the number of Russians will drop by a third by mid-century. It is difficult to see how such a decimation of the already scarce human base would not invite national collapse.

Russia’s enormous size, its lack of cultural cohesion, its sparse and fast shrinking population, its deficient infrastructure and lack of communication lines, are some of the factors that feed the disintegration pressures within Russia. [continue reading]

84% Say They'd Never Lie to a Pollster

By Ann Coulter
FrontPageMagazine.com

With an African-American running for president this year, there has been a lot of chatter about the "Bradley effect," allowing the media to wail about institutional racism in America.

Named after Tom Bradley, who lost his election for California governor in 1982 despite a substantial lead in the polls, the Bradley effect says that black candidates will poll much stronger than the actual election results.

First of all, if true, this is the opposite of racism: It is fear of being accused of racism. For most Americans, there is nothing more terrifying than the prospect of being called a racist. It's scarier than flood or famine, terrorist attacks or flesh-eating bacteria. To some, it's even scarier than "food insecurity."

Political correctness has taught people to lie to pollsters rather than be forced to explain why.....
[continue reading]

Metaphors Reveal the Economic Ignorance of Politicians and Journalists
By Robert Higgs

The past few weeks have been a difficult time for economic educators. Never has it been more obvious that all their efforts have been in vain. Neither the politicians nor the journalists, who have been spewing out words at a rapid rate with regard to the so-called financial crisis and the proposed financial bailout, have a clue about the economy.

It’s not simply that these nincompoops use metaphors, rather than more precise terms and ideas, in speaking about the economy. We all use metaphors to some extent; we can’t talk without them. But the journalists’ metaphors are routinely so mixed that ......

By David Strom: You Can't Spread the Wealth Around

By now everybody has heard of Joe the plumber. It was Joe that Barack Obama told that it was government's job to "spread the wealth around." - Joe's wealth - in order to build the economy from the bottom up.

A SCARY POLITICAL IDEOLOGY

Spreading the Wealth Around by Linda Chavez:

"When you spread the wealth around, it's good for everybody," Barack Obama explained to Joe Wurzelbacher in Ohio earlier this week.

Socialism! There, I Said It
By David Limbaugh:

In certain unscripted moments, Barack Obama has given us a glimpse of his socialist inclinations, but I wonder what percentage would vote for him if they truly understood the extent of his radicalism.

Obama's Betrayed Message by Charles Krauthammer:

Let me get this straight. A couple of agitated yahoos in a rally of thousands yell something offensive and incendiary, and John McCain and Sarah Palin are not just guilty by association -- with total strangers, mind you -- but worse: guilty according to The New York Times of "race-baiting and xenophobia."

Poor Joe

The Left Declares War on Joe the Plumber by Michelle Malkin:
Six-term Sen. Joe Biden's got some nerve going after citizen Joe the Plumber. But the entrenched politician from Delaware, who fancies himself the nation's No. 1 Ordinary Joe, had no choice.

The Obama Thugocracy Goes After Joe the Plumber by Lorie Byrd:
The star of the final Presidential debate Wednesday night was not Barack Obama or John McCain. It was Joe "the Plumber" Wurzelbacher from Ohio.

USA Today:
Pennsylvania no slam-dunk for Democrats
Anxieties about economy, Obama make it variable.

No. It's because there are too many racists in Pennsylvania, right Senator Murtha?

South Florida Sun-Sentinel:
Florida's effort to remove felons from voter rolls 'deeply flawed,' state senator says

Washington Post:
Smaller Banks Resist Federal Cash Infusion

The Jewish Case Against Barack Obama
By Ben Shapiro

Barack Obama is the most dangerous candidate for the State of Israel since its creation in 1948. He is not in line with a single authentic Jewish principle. On abortion, Obama is radically pro-choice. He is radically pro-gay rights, celebrating court-ordered gay marriage in states like California. Authentic Judaism is against abortion unless the mother’s life is in danger, and against homosexual activity altogether. Moreover, Obama’s foreign policy advisors have been almost uniformly anti-Israel. Obama’s friends, too, are far too anti-Israel for comfort. [More...]

WELL IT SHOULD FOR CRYING OUT LOUD

‘Spread the Wealth Around’ Comment Comes Back to Haunt Obama
(CNSNews.com)
Sen. Barack Obama’s recent comments to a plumber named Joe are making some Americans nervous about Obama’s wealth-redistribution tendencies. “I think when you spread the wealth around, it’s good for everybody," Obama said.

It should make 80% of the American citizens scared to death of an Obama presidency. This is pure socialism at best - and Marxism at worst. Obama is no stranger to Marxism principles.

Obama’s Tax Cut is Actually a Spending Increase, Says Non-Partisan Group

Democratic presidential candidate Barack Obama’s plan to cut taxes on 95 percent of taxpayers would effectively increase government spending by an average of $64.8 billion a year and effectively raise income tax rates for many Americans, even on some earning $20-$50,000 a year, according to the non-partisan Tax Policy Center. The heart of Obama’s tax cut proposal is refunds even for those who don’t pay taxes.

Dick Armey: Bush Plan to Buy Bank Stocks Should Face Constitutional Challenge
Former House Majority Leader Dick Armey (R-Texas) said that the Bush administration’s plan to buy $250 billion in stock in U.S. banks should be challenged in federal court as unconstitutional.

but......

Bush Defends Government Ownership of Banks
President Bush on Wednesday defended the “extraordinary actions” his administration has taken to ease the nation’s frozen credit markets.

Obama-Led Foundation Spent $49 Million But Had 'Little Impact' on Improving Chicago Schools

Despite six years and $49.2 million spent to improve schools in the Chicago area, an education reform initiative run by Barack Obama was less than effective, according to two studies. One in particular describes the grant program as a “failure” that had "little impact on school improvement and student outcomes."

"There are certain social principles in human nature, from which we may draw the most solid conclusions with respect to the conduct of individuals and of communities. We love our families more than our neighbors; we love our neighbors more than our countrymen in general. The human affections, like solar heat, lose their intensity as they depart from the centre... On these principles, the attachment of the individual will be first and for ever secured by the State governments. They will be a mutual protection and support."

-- Alexander Hamilton --

On Oct.17: Appellate Court Arguments in Government's Case Against LtCol Chessani

Thomas More Law Center - News

ANN ARBOR, MI – One of the most controversial and politically tainted prosecutions in recent American military justice history will be argued before a panel of three Navy and Marine officers in the Navy-Marine Corps Court of Criminal Appeals (NMCCA), located in Washington, D.C., on Friday, October 17, 2008 at 10 am EST. Read more.

Democrat Candidate Says America's Greatest Enemy is America
By Erick Erickson

In the closely contested race to succeed Rep. Bud Cramer (D-AL) in Alabama's 5th Congressional District, Human Events and RedState.com have obtained damning audio revealing candidate Parker Griffith's world view.

Speaking to the Colbert-Lauderdale Baptist Association, Democrat Parker Griffith was asked about the threat imposed by radical Islam.

Economically Clueless

By George Landrith
This summer, when oil prices were at all-time highs at more than $140 a barrel, Sen. Barack Obama bitterly complained about big oil, oil speculators, and windfall profits and demanded new taxes on energy. Obama denied the economic principles of supply and demand had driven prices higher. Obama blamed high prices on the greed of big corporations and speculators, and he told America that he alone could fix the problem with new energy taxes and "windfall profits" taxes.

Now oil prices have fallen below $80 a barrel. Experts expect that prices will continue to fall to below $60 a barrel within the next week or two. If it was greed that caused.......

Thursday, October 16, 2008

The Acorn Strategy

Seeking chaos on election day.
By JOHN FUND
WSJ.com


A federal appeals court ruled this week that Ohio Secretary of State Jennifer Brunner must provide county election boards with state voter registration information so they can check the validity of some 666,000 new voter registrations submitted to Ohio officials in recent months.

The order, which Ms. Brunner vigorously resisted, will mean county boards will be able to stop counting absentee ballots if the registration linked to them doesn't match the name of a real person listed in government databases.

Ms. Brunner's office had argued that the federal Help America Vote Act did not require any such matching, and that delays in processing absentee votes could mean some valid votes wouldn't be counted.

Meanwhile, thousands of additional suspect registrations turned in by activist groups like the...... [read on]

We Don't Need Anyone to Run the World

Markets are amazing if you let them work.
By JOHN STOSSEL
WSJ.com

Imagine you had never seen a skating rink. I tell you, "I'm going to invite 100 people down to strap blades to their feet and race around as they like." You say, "That's insane! Someone must coordinate all those people."

Yet we know that the skaters' actions are coordinated, though not through central planning. There are predictable and understandable rules, but within them, people are free. In promoting my interest in avoiding a collision with you, I also promote your interest in avoiding a collision with me.

Economics Nobel Laureate Friedrich Hayek called it spontaneous order. The market system is the leading example. In promoting my interest in gaining through a voluntary exchange with you, I also promote your interest in gaining through voluntary exchange with me.

Like skaters at an ice rink, we trace our way in the economy making decisions for ourselves. It works out pretty darned well. Prices help guide our way.

Most of life works by spontaneous order. It characterizes how we choose......

[READ MORE]

A Liberal Supermajority

WSJ.com

If the current polls hold, Barack Obama will win the White House on November 4 and Democrats will consolidate their Congressional majorities, probably with a filibuster-proof Senate or very close to it. Without the ability to filibuster, the Senate would become like the House, able to pass whatever the majority wants.

Though we doubt most Americans realize it, this would be one of the most profound political and ideological shifts in U.S. history. Liberals would dominate the entire government in a way they haven't since 1965, or 1933. In other words, the election would mark the restoration of the activist government that fell out of public favor in the 1970s. If the U.S. really is entering a period....

Investors' Real Fear: A Socialist Tsunami

The Crash: "Why has the market dropped so much?" everyone asks. What is it about the specter of our first socialist president and the end of capitalism as we know it that they don't understand?

The freeze-up of the financial system — and government's seeming inability to thaw it out — are a main concern, no doubt. But more people are also starting to look across the valley, as they say, at what's in store once this crisis passes.

And right now it looks like the U.S., which built the mightiest, most prosperous economy the world has ever known, is about to turn its back on the free-enterprise system that made it all possible.

It isn't only that the most anti-capitalist politician ever nominated by a major party is favored to take the White House. It's that he'll also have a filibuster-proof Congress led by politicians who are almost as liberal.

Throw in a media establishment dedicated to the implementation of a liberal agenda, and the smothering of dissent wherever it arises, and it's no wonder panic has set in.
[Continue reading]

THE COMMUNIST PARTY CHEERING FOR OBAMA

Marxism's Rebirth?

America's Communist Party is giddy over current political events, saying its movement has reached a "turning point." There's no mystery why. Their candidate is the White House front-runner.

Part of the Communist Party USA's glee can be attributed to the current economic turmoil. The radicals who make up its membership have long rooted for capitalism to fail.

Members of its staff are upfront with their support. Many of the workers at the party headquarters in Manhattan wear Obama's image on lapel buttons.

Not enough of a link? How about the party's Aug. 15 Web site editorial that talks of Obama's "transformative candidacy" as one "that would advance progressive politics for the long term." [Continue reading]

Taking A Peek Behind Bill Ayers' Office Door

Campaign '08: An op-ed writer thinks Bill Ayers is now a model citizen. If that's the case, why would an unrepentant terrorist have an unrepentant cop killer's picture on his office door?

Wednesday's piece by Thomas Frank, the Wall Street Journal's newest columnist, follows religiously the latest Barack Obama talking point about the former Weather Underground leader Bill Ayers.

He may have been a terrorist who blew up buildings and tried to kill people, but "the man has become such a good citizen he ought to be an honorary Eagle Scout."

That is the latest contention by Obama and his fellow travelers on the Ayers relationship. Ayers has morphed from a guy who just lived in Obama's neighborhood to a guy he crossed paths with to a guy he once worked with to a guy who, when he belatedly found out about Ayers' past, he assumed had been rehabilitated.

As John McCain suggested in the Hofstra debate Wednesday, Ayers past has become almost secondary to Obama's obfuscation of their past relationship.

It is part of the Obama pattern that includes ..... [continue reading]

One Day, One Vote

By INVESTOR'S BUSINESS DAILY

Voter Fraud: Remember "Election Day," when you actually had to show up on the first Tuesday after the first Monday in November and prove who you were? Making it easier to vote made it easier to cheat.

It's a sad day when a court has to order a state's top election official to take steps to fight massive and orchestrated vote fraud. The full 6th Circuit Court of Appeals in Cincinnati has done just that by ordering Ohio's Democratic Secretary of State, Jennifer Bruner, to use other government records to check the thousands of new voters registered by ACORN and others for registration fraud. She must also notify local election officials when fraud is discovered.

Ohio is one of those states employing gimmicks to increase voter ......

Fiddlin' Around While Wall Street Burned

Serious economic issues exist, but media should show parts of economy that still function.

By Dan Kennedy
Business & Media Institute


Where were you when the lights went out on Wall Street?

On Friday, Oct. 10, the first day the Dow dropped below 8,000 before crawling barely above that at close, a friend and I were in Atlantic City on a guys’ vacation. We went to Il Mulino for dinner – the clone of the famous New York City restaurant at Trump Taj Mahal. We had imported cheeses and sausages and imported truffles shaved over two types of pasta for appetizers. The truffles alone were $71. I had veal Osso Bucco with risotto. He had a veal chop hand-pounded thin, lightly battered, with olive oil and arugula and tomatoes. The tab, with tip, was $540.

We were not alone. I got the last 7:00 p.m. reservation. By 7:30, every table was full. Most were ordering bottles of wine, or behind us, glass after glass of Taittinger, thus their tabs even higher than ours. Few couples, most parties of four, eight, 12.

I remind you, not in Beverly Hills or New York City or London. In Atlantic City.

This is the untold story of the economy.

Between 91 and 94 percent of all home mortgages in the United States are current, not teetering at foreclosure. The overwhelming .....

What are the Odds?

There is luck, then there is LUCK! Then ...... there is bad luck.

How unlucky can one person be?

Wednesday, October 15, 2008

A Pro-Growth, Pro-Jobs, Pro-Energy Independence Agenda For Congress

Newt Gingrich has put together an agenda to get our economy back on track. Here is his suggestions:

Instead of $300 billion in new liabilities for the American taxpayers, Congress should take action on the following:

1. Zero capital gains tax - Countries without taxes on capital gains, such as China, Singapore, and Taiwan, are magnets for global investment. Economists like Alan Greenspan have called for removing capital gains in order to see increased economic growth and American competitiveness in attracting foreign direct investment and international corporations.


2. Repeal Sarbanes-Oxley - After the devastating crash of Enron and WorldCom, Congress rushed to pass a law to alleviate panic. Instead of enacting reform measures that would reasonably prevent fraud, they passed a burdensome, accounting mess. Sarbanes-Oxley is a disproportionate burden for small businesses and start-ups, and has forced many companies to move from New York to London.


3. Allow 100% annual expensing for small businesses - Small businesses create 7 out of 10 new jobs in America and account for more than half of the output of our economy. One hundred percent annual expensing would give small business more money to invest in new technologies, like computers and machinery, to improve worker productivity. Likewise, it would allow business to hire more employees.


4. Move to break up and privatize Freddie and Fannie - Corporate greed at Freddie and Fannie fueled subprime mortgage loans. Because subprime mortgages carried higher risk, they also offered a higher interest yield that gave executives an increased profit share. Given the government sponsored enterprise, they had lower capital requirements, and were implicitly backed by taxpayer dollars in the case that these assets should crumble. These institutions should be prevented from offering more subprime mortgages, and we should move towards privatizing them.


5. Provide a comprehensive plan to keep Americans in their homes - The summer's housing bailout bill gave $300 billion to renegotiate mortgages with homeowners, but forced lending institutions to take an immediate 10% cut in profit, giving little incentive for lending institutions to participate. The government could instead ....... offer a no-interest loan to homeowners who are current on their
mortgage payments and work with their lending institution to
renegotiate their
mortgages into a 6% fixed interest, 30-year loan. We should help those
homeowners who have acted in good faith keep the keys to their
homes.

6. Move towards long term investment strategies
- Congress should look to investing in the National Institutes of Health and the
National Science Foundation to foster innovation and make America the most competitive market for research and development.

7. Develop an all-of-the-above energy policy -
Imagine if we invested a fraction of the billion dollar bailout into
developing,
for example, more nuclear power and coal-to-synthetic natural gas
technologies and infrastructure. We should continue to advance clean
coal,
biofuels, wind, solar, hydrogen, and natural gas technologies. Further,
we should increase exploration and development of our own resources
offshore
and in oil shale, so that we are not defenseless against any energy
cartels.

8.  We should repeal all congressional money given to ACORN
- ACORN is under investigation in a dozen states for voter fraud. We
cannot afford to be subsidizing an organization that operates under the
façade of providing community development and low-income housing,
while it has a record of fraudulent activity. See this CNN report about ACORN voter registration fraud in Indiana, where ACORN provided 5,000 new voter registration cards. Indiana
authorities started reviewing them and found that the first 2,100 were all fraudulent.

"Now, so there will be no misunderstanding, it is not my intention to do away with government. It is, rather, to make it work - work with us, not over us; to stand by our side, not ride on our back. Government can and must provide opportunity, not smother it; foster productivity, not stifle it."

-- Ronald Reagan

IT'S NOT ALL BAD NEWS

“Feeling a bit, well, depressed? It’s not surprising. Headlines around the world are filled with the D word, as if an epic global economic collapse were inevitable—especially here in the U.S. It isn’t. No, we’re not hopelessly out of touch. As our coverage shows, we know how serious the current financial mess is—and how important it is to the U.S. and the rest of the world that we begin to settle down our markets. The loss of $8 trillion in stock market wealth in a matter of months is no small thing. The dive will have a major impact on people’s spending and investment decisions. A new economic forecast of 52 leading economists shows most expect the U.S. economy to shrink in the third and fourth quarters, plus the first quarter of 2009—the first time in nearly half a century that the economy will undergo three quarters of contraction. In short, we might be in for a brief, yet brutal, recession. But talk of a depression and other apocalyptic possibilities are way overdone... This is the U.S.’ edge—and it’s not going away soon. Since 1980, real per capita GDP has expanded 69.2% in the U.S. vs. 65.6% for the EU 15. Why? Our productivity is greater. In just the last 10 years, U.S. productivity has expanded 2.5% a year, with Europe growing nearly a full percentage point less. This will widen... Financial crisis notwithstanding, the U.S. economy will be twice Europe’s size by 2025. Even after our stock market and housing losses, the U.S. is still extraordinarily wealthy. In the second quarter, Fed data show, the U.S. private sector owned $110.6 trillion in assets—an immense amount of wealth. The estimated $1 trillion to $2 trillion cost of the current financial mess is small by comparison. During the Great Depression, U.S. output plunged 27% in four years; unemployment neared a third of the work force. Real private investment shrank 87% in three years; personal spending plunged 41%. We’re not close to that. Nor are we likely to be—unless we foolishly pursue high-tax policies that would kill growth. It’s easy to give in to excessive pessimism these days. But the U.S. model—based on productive labor, free trade, fewer rules, lower taxes and rewards for entrepreneurial effort—is still sound. We’ll soon emerge stronger, and better, for our current tribulations.” —Investor’s Business Daily

INSIGHT

“We must not let our rulers load us with perpetual debt.”
-- Thomas Jefferson --


“Underlying most arguments against the free market is a lack of belief in freedom itself.”
-- Milton Friedman --


“Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others.”

-- Ayn Rand --


“Government cannot make man richer, but it can make him poorer.”

-- Ludwig von Mises --


“The state is the great fiction by which everybody seeks to live at the expense of everybody else.”

-- Frederic Bastiat --


“How odd that all those boring lessons from our grandparents turn out to be true in the globalized, hip 21st century: Save your money. Don’t borrow what you can’t pay back. Look first at a man’s character, not his degrees. And if a promised return on an investment seems too good to be true, it probably is.”
-- Victor Davis Hanson --

Tuesday, October 14, 2008

Obama Tells Tax-Burdened Plumber the Plan is to ‘Spread the Wealth Around’

View it here.

I have heard this kind of philosophy before. Now where was it?

Oh, yeh. People are paid "from each according to his ability, to each according to his needs."

Karl Marx, wasn't it? The Communist Manifesto?

A refresher of Marx's 10 planks from his "manifesto":
1. Abolition of property in land and application of all rents
of land to public purposes.

2. A heavy progressive or graduated income tax.

3. Abolition of all right of inheritance.

4. Confiscation of the property of all emigrants and rebels.

5. Centralisation of credit in the hands of the State, by means
of a national bank with State capital and an exclusive
monopoly.

6. Centralisation of the means of communication and transport
in the hands of the State.

7. Extension of factories and instruments of production owned by
the State; the bringing into cultivation of waste-lands, and
the improvement of the soil generally in accordance with a
common plan.

8. Equal liability of all to labour. Establishment of
industrial armies, especially for agriculture.

9. Combination of agriculture with manufacturing industries;
gradual abolition of the distinction between town and
country, by a more equable distribution of the population
over the country.

10. Free education for all children in public schools.
Abolition of children's factory labour in its present form.
Combination of education with industrial production.

Washington Times:
Mexican soldiers crossed clear line
Pointed rifles at border agent.

It's not the prof's... it's the herd mentality

USA Today:
Study: College students lean left, more because of peers than profs

Washington Times:
Obama voters eye high court post for Clinton
Former rival talked up for nomination.

Greed Isn’t Good, But It Isn’t That Bad, Either

By Dan Gainor

America has always valued success. But at the same time, we’ve had a love affair with class warfare. Big businessmen – “greedy” railroad tycoons, bankers and cattlemen – became easy targets for our discontent. It’s ironic that we complain about one sin and celebrate another – envy. Read more commentary.

Military and Political Success of Surge in Iraq Clear Despite Prior Criticism

When the Democrats won control of Congress in 2006, many pundits attributed their victory to public anger over the war in Iraq and predicted that the war would be a paramount issue in the 2008 presidential election. But with U.S. policy beginning to succeed in Iraq, it has not turned out that way.

The war is not dominating the news pages going into the Nov. 4 presidential election, and the latest polls show that only 8 percent of Americans view the Iraq war as important in deciding their vote on Election Day. Read more at CNSNews.com

Russia Makes an Extraordinary Show of Missile Force

Moscow - At the height of the Cold War, Nikita Khrushchev claimed that Soviet factories were turning out intercontinental strategic missiles "like sausages from an automatic machine, rocket after rocket.” Five decades later, amid uneasy relations between Russia and the West, Moscow has given an unprecedented demonstration of its strategic missile prowess. The weekend show of force was extraordinary even by Cold War standards. Read more at CNSNews.com

Iran’s Security Council Bid Nears a Vote

Twelve years after Iran put forward its name for a seat on the United Nations Security Council for the 2009-10 period, its candidacy comes to a vote later this week, at a time of disquiet over Tehran’s anti-Israel rhetoric and nuclear activities. Iran is one of a group of countries vying for five of the council’s 10 non-permanent seats. In documents backing its bid, Tehran says its positive contribution to regional and international peace and security is “recognizable and undeniable.” Read more at CNSNews.com

Obama-Run Foundation Gave Millions to Liberal Groups, Including One Run by Bill Ayers

William Ayers, a one-time leader of the Weather Underground domestic terrorist group, founded the Small Schools Workshop at the University of Illinois-Chicago in 1992 and was the group’s co-director through 2002. During those years, the Smalls Schools Workshop received at least $800,000 from the Chicago Annenberg Challenge--an organization that Ayers also helped found and that Barack Obama chaired, starting in 1995. Read more at CNSNews.com

British Pro-Lifer Hails Palin’s ‘Speech of the 21st Century’

Republican vice presidential candidate Sarah Palin’s remarks at a rally in Pennsylvania on Saturday amounted to the “most significant” political speech of the 21st century, in the view of a leading British pro-life activist. “What other major political figure in the world today is speaking up for people with Down’s syndrome?” John Smeaton, director of Society for the Protection of Unborn Children, wrote on his Web site. Read more at CNSNews.com

'Eugenic Abortion’: With Pre-Natal Testing, 9 in 10 Down Syndrome Babies Aborted

In 1972, a year before the Supreme Court’s Roe v. Wade decision legalized abortion on demand nationwide, virtually all children with Down syndrome were born. Less than a decade later, with the widespread availability of pre-natal genetic testing, as many as 90 percent of women whose babies were pre-natally diagnosed with the genetic condition chose to abort the child. The practice has been described by one physician as “eugenic abortion.” Read more at CNSNews.com

States, Economies and Markets: Redefining the Rules

By George Friedman
Stratfor
Geopolitical Weekly

A complex sequence of meetings addressing the international financial crisis took place this weekend. The weekend began with meetings among the finance ministers of the G-7 leading industrialized nations. It was followed by a meeting of finance ministers from the G-20, the group of industrial and emerging powers that together constitute 90 percent of the world’s economy. There were also meetings with the International Monetary Fund (IMF) and World Bank. The meetings concluded on Sunday with a summit of the eurozone, those European Union countries that use the euro as their currency. Along with these meetings, there were endless bilateral meetings far too numerous to catalog.

The weekend was essentially about this: the global political system is seeking to utilize the assets of the global economy (by taxing or printing money) in order to take control of the global financial system. The premise is that the chaos in the financial system is such that the markets cannot correct the situation themselves, and certainly not in an acceptable period of time; and that if the situation were to go on, the net result would be not just financial chaos but potentially economic disaster. Therefore, governments decided to use the resources of the economy to solve the problem. Put somewhat more simply, the various governments of the world were going to nationalize portions of the global financial system in order to stave off disaster. The assumption was that the resources of the economy, mobilized by the state, could manage — and ultimately repair — the imbalances of the financial system.

That is the simple version of what is going on in the United States and Europe — and it is only the United States and Europe that really matter right now. Japan and China — while involved in the talks — are really in different places structurally. The United States and Europe face liquidity issues, but the Asian economies are a different beast, predicated upon the concept of a flood of liquidity at all times. Damage to them will be from reduced export demand, and that will take a few weeks or months to manifest in a damning way. It will happen, but for now the crisis is a Euro-American issue.

The actual version of what happened this weekend in the financial talks is, of course, somewhat more complex. The United States and the Europeans agreed that something dramatic had to be done, but could not agree on precisely what they were going to do. The problem both are trying to solve is not technically a liquidity problem, in the sense of a lack of money in the system — the U.S. Federal Reserve, the European Central Bank and their smaller cousins have been pumping money into the system for weeks. Rather, the problem has been the reluctance of financial institutions to lend, particularly to other financial institutions. The money is there, it is just not getting to borrowers. Until that situation is rectified, economic growth is pretty much impos sible. Indeed, economic contraction is inevitable.

After the failures of so many financial institutions, many unexpected or seemingly so, financial institutions with cash were loath to lend money out of fear that invisible balance-sheet problems would suddenly destroy their borrowers, leaving lenders with worthless paper. All lending is driven by some appetite for risk, but the level of distrust — certainly after many were trapped in the Lehman Brothers meltdown — has meant that there is no appetite for risk whatsoever.

There is an interesting subtext to this discussion. Accounting rules have required that assets be “marked to market,” that is, evaluated according to their current market value — which in the current environment is not very generous, to say the least. Many want to abolish “mark to market” valuation and replace it with something based on the underlying value of the asset, which would be more generous. The problem with this theory is that, while it might create healthier balance sheets, financial institutions don’t trust anyone’s balance sheet at the moment. Revaluing assets on paper will not comfort anyone. Trust is in very short supply, and there are no bookkeeping tricks to get people to lend to borrowers they don’t trust. No one is going to say once the balance sheet is revalued, “well, you sure are better off than yesterday, here is a hundred million dollars.”

The question therefore is how to get financial institutions to trust each other again when they feel they have no reason to do so. The solution is to have someone trustworthy guarantee the loan. The eurozone solution announced Oct. 12 was straightforward. They intended to have governments directly guarantee loans between financial institutions. Given the sovereign power to tax and to print money, the assumption was — reasonable in our mind — that it would take risk out of lending, and motivate financial institutions to make loans.

The problem with this, of course, is that there are a lot of institutions who will want to borrow a lot of money. With the government guaranteeing the loans, financial institutions will be insensitive to the risk of the borrower. If there is no risk in the loan whatsoever, then banks will lend to anyone, knowing full well that they cannot lose a loan. Under these circumstances, the market would go completely haywire and the opportunities for corruption would be unprecedented.

Therefore, as part of the eurozone plan, there has to be a government process for the approval and disapproval of loans. Since the market is no longer functioning, the decision on who gets to borrow how much at what rate — with a government guarantee — becomes a government decision.

There are two problems with this. First, governments are terrible at allocating capital. Politics will rapidly intrude to shape decisions. Even if the government could be trusted to make every decision with maximum efficiency, no government has the administrative ability to manage the entire financial sector so directly. Second, having taken control of interbank finance, how do you maintain a free market in the rest of the financial system? Will the government jump into guaranteeing non-interbank loans to ensure that banks actually lend money to those who need it? Otherwise the banking system could be liquid, but the rest of the economy might remain in crisis. Once the foundation of the financial system is nationalized, the entire edifice rests on the nationalized system.

The prime virtue of this plan is that it ought to work, at least in the short run. Financial institutions should start lending to each other, at whatever rate and in whatever amounts the government dictates and the gridlock should dissolve. The government will have to dive in to regulate the system for a while but hopefully — and this is the bet — in due course the government can unwind its involvement and ease the system back to some sort of market. The tentative date for that unwinding is the end of 2009. The risk is that the distortions of the system could become so intense after a few months that unwinding would become impossible. But that is a problem for later; the crisis needs to be addressed now.

The United States seems to dislike the eurozone approach, at least for the moment. It will be interesting to see if Washington stays with this position. U.S. Treasury Secretary Henry Paulson, who appears to be making the decisions for the United States, did not want to obliterate the market completely, preferring a more indirect approach that would leave the essence of the financial markets intact.

Paulson’s approach was threefold. First, Washington would provide indirect aid to the interbank market by buying distressed mortgage-related assets from financial institutions; this would free up the lenders’ assets in a way that also provided cash, and would reduce their fears of hidden nightmares in each others’ balance sheets. Second, it would allow the Treasury to buy a limited stake in financial institutions that would be healthy if not for the fact that their assets are currently undervalued by the market; the idea being that the government takes a temporary share, in exchange for cash that will recapitalize the bank and reduce its need for access to the interbank market. Finally — and this emerged at 2 a.m. on Monday — the government would jump into the interbank market directly. The Federal Reserve promised to lend any amount of dollars to any bank so long as the borrower has some collateral that the Fed will accept (and these days the Fed accepts just about anything). The major central banks of Europe have already agreed to act as the Fed’s proxies in this regard.

The United States did not want to wind up in the position of micromanaging transactions between financial institutions. Washington felt that an intrusive but still indirect approach would keep the market functioning even as the government intervened. The Europeans feared that the indirect approach wouldn’t work fast enough and had too much risk attached to it (although the Fed’s 2 a.m. decision may take the air out of that belief). They also believed Washington’s attempt to preserve the market was an illusion. With the government buying distressed paper and investing in banks, they felt, what was left of the market wasn’t worth the risk or the time.

There is also an ideological dimension. The United States is committed to free-market economics as a cultural matter. Recent events have shown, if a demonstration was needed, that reality trumps ideology, but Paulson still retains a visceral commitment to the market for its own sake. The Europeans don’t. For them, the state is the center of society, not the market. Thus, the Europeans were ready to abandon the market much faster than the Americans.

Yet the Europeans and the Americans both had to intervene in some way, and now they face exactly the same problem: having decided to make the pig fly, there remains the small matter of how to build a flying pig. The problem is administrative. It is all very well to say that the government will buy paper or stock in companies, or that it will guarantee loans between banks. The problem is that no institutions exist to do this. There are no offices filled with officials empowered to do any of these things, no rules on how these things are to be done, no bank accounts on which to draw — not even a decision on who has to sign the checks. The faster they try to set up these institutions, the more inefficient, error-prone and even corrupt they will turn out to be. We can assure you that some bright lads are already thinking dreamily of ways to scam the system, and the faster it is set up, the fewer controls there will be.

But even if all of that is thrown aside, and it is determined that failure, error and corruption are an acceptable price to pay to avoid economic crisis, it will still take weeks to set up either plan (with the possible exception of the Fed’s announcement to jump into the interbank market directly). Some symbolic transactions can take place within days — and they will undoubtedly be important. But the infrastructure for processing tens of thousands of transactions simply takes time to build.

This, of course, is known to the eurozone finance ministers. Indeed, the Europeans will hold an EU-wide summit on the topic this week, while the Americans are going to be working very hard to clarify their own processes in the next few days. The financial institutions will need to have guarantees to start lending — or some sort of retroactive guarantee — but the bet is that the stock markets will stop falling long enough to give the finance ministries time to get organized. It might work.

We need to add to this another dimension we find very interesting. We have discussed elsewhere the axes on which this decision will be made: one is the degree of government intervention, the other is the degree of international collaboration. Clearly, governments are going to play the pivotal role. What is interesting is the degree to which genuine international collaboration is missing. Certainly there is voluntary collaboration — but there is not an integrated global strategy, there is not an integrated global institution administering the strategy, nor is there an irrevocable commitment on the part of governments to subordinate their sovereignty to relevant global institutions.

The Americans and Europeans seem to be diverging in their approaches, with Paulson delivering a warning about the consequences of protectionism. But the European Union is also now being split between members of the eurozone and EU members who have their own currencies (primarily the United Kingdom). Indeed, even within the eurozone, the solutions will be national. Germany, France, Italy and the rest are all pursuing their own bailouts of their own institutions. They have pledged to operate on certain principles and to coordinate — as have the United States and Europe — but the fact is that each state is going to execute a national policy through national institutions with its own money and bureaucracies.

What is most interesting in the long run is the fact the Europeans, even in the eurozone, have not attempted a European solution. Nationalism is very much alive in Europe and has emerged, as one would expect, in a time of crisis. And this raises a crucial question. Some countries have greater exposure and fewer resources than others. Will the stronger members of the eurozone help the weaker? At present it seems any such help would be simply coincidental. This is a global question as well. The Europeans have pointed out that the contagion started in the United States. It is true that the Americans sold the paper. But it is also true that the Europeans bought it readily. If ever there was a systemic failure it was this one.

However, it has always been our view that the state ultimately trumps the economy and the nation trumps multinational institutions. We are strong believers in the durability of the nation-state. It seems to us that we are seeing here the failure of multinational institutions and the re-emergence of national power. The IMF, the World Bank, the Bank for International Settlements, the European Union and the rest have all failed to function either to prevent the crisis or to contain it. The reason is not their inadequacy. Rather it is that, when push comes to shove, nation-states are not prepared to surrender their sovereignty to multinational entities or to other countries if they don’t have to. What we saw this weekend was the devolution of power to the state. All the summits notwithstanding, Berlin, Rome, Paris and London are looking out for the Germans, I talians, French and British. Globalism and the idea of “Europe” became a lot less applicable to the real world this weekend.

It is difficult to say that this weekend became a defining moment, simply because there is so much left unknown and undone. Above all it is unclear whether the equity markets will give governments the time they need to organize the nationalization (temporary we assume) of the financial system. No matter what happens this week, we simply don’t yet know the answer. The markets have not fallen enough yet to pose an overwhelming danger to the system, but at the moment, that is the biggest threat. If the governments do not have enough credibility to cause the market to believe that a solution is at hand, the government will either have to throw in the towel or begin thinking even more radically. And things have already gotten pretty radical.

www.stratfor.com

Phyllis Schlafly:
McCain's Prospects Depend on Telling Truth About Obama

The media are piling on against John McCain and some pundits are predicting it's all over, that Barack Obama has somehow won the election. [Read more]

Amanda Carpenter:
Obama Distorts ACORN Ties


Democratic presidential candidate Barack Obama's campaign has been forced to revise statements about their Obama's get-out-the vote work for the Association of Community Organizers for Reform Now. [Read on]


Amanda Carpenter:
ACORN's Rap Sheet


The Association Community Organizers for Reform Now has compiled an irrefutable record of voter registration fraud in recent elections. [Read on]

Dennis Prager:
There Are Two Irreconcilable Americas


It is time to confront the unhappy fact about our country: There are now two Americas. Not a rich one and a poor one; economic status plays little role in this division. [Read on]

David Limbaugh:
Still Time for Voters to Wake Up


Strapped to a polygraph on national TV, I would assert quite confidently that I would strongly condemn thuggish and criminal tactics by a candidate I supported. [Read on]

Thomas Sowell:
Negative Advertising

One of the oldest phenomena of American elections-- criticism of one's opponent-- has in recent times been stigmatized by much of the media as "negative advertising." [Read on]

Electing a President: Governing Philosophy

By Albert Mohler:

Politics often seems more about personalities than about ideas, but elections are always ultimately about ideas. The 2008 presidential election is no exception. Barack Obama and John McCain represent too very different political philosophies and visions of government.

Barack Obama and the Democratic Party see government as an engine for changing the society for the better. He proposes huge programs like universal preschool education--programs that will cost billions of new tax dollars. John McCain and the Republican Party see big government as more of a problem than a solution. There is a huge chasm between these two philosophies of government.

These candidates differ over the role of the individual versus the role of the government, the role of the judiciary and the role of the military. This is not a personality contest."

Monday, October 13, 2008

VOTER HATRED OF WALL STREET: AS EXPLAINED BY FDR

 By DICK MORRIS & EILEEN MCGANN

If the crash of 1929 and that of 2008 are similar, then let's study the voter anger that 1929 kindled to inform our understanding of what is going on today. In the thirties, voters turned sharply against their former Wall Street heroes and the name of big business20became mud for millions who felt misled by greedy financiers and took it out on the Republican Party.

To grasp what happened then and is happening now, look at the first inaugural address remarks of President Franklin Delano Roosevelt. He gave voice to the angst and anger of the times and gave us a clue to understanding what is going on today. Read more on the hatred of Wall Street.

It's Official:

Any Criticism of Obama Now Racially Suspect
The short version of Patrick Healy's piece: Every criticism a Republican makes against Obama, from saying he's "not one of us" to his relationship to Bill Ayers, is racially questionable.


Obama played the race card this summer when he told a Missouri crowd that the GOP would try to scare voters by pointing out he “doesn’t look like all those other presidents on the dollar bills.” But in Monday's "Race Remains Campaign Issue, but Not a Clear One," Times reporter Patrick Healy insisted that Obama hasn't dealt with race directly. (Perhaps it's because liberals like Rep. John Lewis and the editorial board of the New York Times are quite happy to lob racism allegations against Republicans for him.) Read more.

Controversial Comedies Draw Contrasting Responses

By Michael Medved

"Two controversial comedies opened the same week and drew very different receptions from the Hollywood establishment.

Bill Maher's "Religulous" is a documentary that mocks organized religion, and will draw big laughs from those who already share its negative view of traditional faith. "An American Carol" is a raucous spoof of a portly, leftist documentarian, and will draw big laughs from those who already share its negative view of self-righteous Tinseltown liberals.

Both films are funny, flawed, and fundamentally unfair to their subjects. "Religulous," however, drew rave reviews, with some critics even proclaiming it "the funniest movie in years." Meanwhile, "An American Carol" earned angry denunciation, and critics applied adjectives like "crude," "lazy," and "hateful." For gatekeepers of pop culture, the response to even frivolous satire depends on the political correctness of the targets under assault."

RECENT POSTS

I am back posting again. I was out of town for a couple of days to visit a brother who has been having some health issues and has had some recent tests done to try and determine the cause.

We are still lacking answers.

Hope you all had a nice, safe weekend.

“What’s the difference between the right to free speech—which is enshrined in the Constitution—versus the ‘right’ to health care, which is not? Well, back in the day, we would simply say that a right has legal authority—it’s in the Constitution and therefore it’s a not just a right, it’s a birthright. So why shouldn’t we amend the Constitution to include the rights to health care, food, housing, education—all the rest? What’s the difference between the rights we have and the ‘rights’ Obama wants to give us? Simply this: Constitutional rights protect us from things: intimidation, illegal search and seizure, self-incrimination, and so on. The revolutionary idea of our Founding Fathers was that people had a God-given right to live as they saw fit. Our constitutional rights protect us from the power of government. But these new so-called ‘rights’ are about the government—who the Founders saw as the enemy—giving us things: food, health care, education... And when we have a right to be given stuff that previously we had to work for, then there is no reason—none—to go and work for them. The goody bag has no bottom, except bankruptcy and ruin.”

—Bill Whittle

“Government exists to protect us from each other. Where government has gone beyond its limits is in deciding to protect us from ourselves.”

—Ronald Reagan

“We should never despair, our Situation before has been unpromising and has changed for the better, so I trust, it will again. If new difficulties arise, we must only put forth new Exertions and proportion our Efforts to the exigency of the times.”

—George Washington

THE LIBERALS ANONYMOUS 12 STEP RECOVERY PROGRAM

To The Point News -
Are you troubled by liberalism? Not sure why your brain works the way it does? Fear not! Join Liberals Anonymous and recover your brain with this 12-step program.

Step 1: Admit that you're a liberal.

This is the first step for every liberal on the way to recovery. It is important to understand that you're not "progressive," "moderate," or "enlightened." You're a liberal, and you need to be honest with yourself about that fact.

Step 2: Pledge to support your beliefs with facts.

Realize that truth is more important than moral superiority and is the only way to come over to reality. You must research beyond propaganda from the Sierra Club, Hillary Clinton and CNN to understand things as they really exist in the world. You can no longer argue based on "feelings" or emotion. You will actually need to back up your arguments with real information. This is a difficult step, because it means you can't be lazy any more.

Step 3: Love America.

This may be the most difficult step for those of you who are terrified of being envied by those who hate America for its freedom and prosperity. Admitting that America actually stands as a beacon to defend freedom throughout the world, rather than deserving of hate can make some of you physically ill. You might want to make a visit to a military cemetery to better understand that these men and women gave their lives so that you could apologize for your country's existence. Stop apologizing to every one envious of America, and start loving her.

Step 4: Take a college level economics class.

A Socialist is defined as someone who's never taken an economics class. Most Socialists have a hard time balancing their checkbooks, let alone explaining the simple concept of supply-and-demand. It's time to flush your complete ignorance of basic economics down the toilet and understand how the world actually functions. This concept will be very important for the next steps that involve communism, facts about corporations, and the inefficiencies of government.

Step 5: Say "no" to Communism and Socialism.

While this concept is obvious to most of the free world, it is an important step in your recovery process. If you have difficulty with this step, spend a month living and working in Cuba.

Step 6: Corporations are not evil.

If you're reading this article on-line or in an email, it's thanks to corporations. If you get some kind of paycheck, you can thank corporations. If you work for a nonprofit or the government, you still have to thank corporations. The nonprofit sector and the government wouldn't have any money to pay you without corporations. It is also important that you understand that making a profit doesn't equate to "greed" or exploitation. Capitalism has created the greatest society in our world's history. Even communist countries need corporations to survive, so enjoy a nice, hot cup of reality.

Step 7: The government is inefficient.

If you are one of those liberals who believe the government should tax us more in order to take care of society, you need to pay special attention to this step. You need to realize that government bureaucracy will waste most of your tax dollars, while the private sector will put your money to much better use. Even most Democrat politicians understand this to some degree, which is why Hillary's socialist healthcare proposal was voted down by a majority of both Democrats and Republicans. Go to your local post office, or call the IRS to ask a tax question if you need a reminder about government inefficiency.

Step 8: The earth is not your "mother," and she's not dying.

The time has now come to stop your donations to Greenpeace, The Sierra Club, and every other EnviroNazi organization to which you belong. Face the reality that the earth, society and our environment are better off today than ever in recorded history and that they are continuing to improve. Many of you tree huggers will have a very difficult time letting go of the Douglas Fir on this one. Reading The Skeptical Environmentalist by Bjorn Lomborg will help. Mr. Lomborg is a former member of Greenpeace and is currently a statistics professor at a university in Denmark. He set out to prove the world was in bad shape and ended up surprising himself by proving the exact opposite.

Step 9: Stop smoking weed.

Okay, some of you might need to enter another 12-step program to complete this step. Marijuana is distorting your sense of reality, and you need to stop using it. Besides, you'll save a fortune on snacks.

Step 10: Eat a hamburger.

If God didn't intend for us to eat animals, he wouldn't have made them out of meat. You can put your sprouts and tofu on the hamburger, but get some meat into you. You'll look and feel better than you ever imagined. Remember that "vegetarian" is a Sioux Indian word meaning "bad hunter."

Step 11: Stop re-writing political history.

It's now time to admit that Bill Clinton is a lying-cheating-sexist-racist-rapist jackass, Hillary Clinton is one of the worst role models for women in this country, Al Gore really did lose the 2000 election by every vote tabulation you attempt, Ronald Reagan ended the Cold War and didn't create the homeless problem, John McCain is not a typical Republican, and Jimmy Carter is an anti-Semite with one of the worst presidential records of anyone in history.

Step 12: Be a missionary.

Once you have completed the previous steps to overcoming liberalism, it's time for you to share this awakening with others who are not as fortunate. Go out amongst the liberal sheep and spread the good word of your freedom from the chains of ignorance and the fear of being envied that once bound you.

Congratulations, and welcome to reality.

Lessons from Abroad

Copenhagen Institute -
SOFIA, Bulgaria. Can you name a country that has a flat 10 percent income tax on both personal and corporate income, and that is also running a budget surplus of 8 percent of gross domestic product (the equivalent of the United States running a budget surplus of more than $1 trillion)? The surprising answer is Bulgaria, formerly one of Europe's most backward countries.

Most of the former communist countries of Eastern and Central Europe have instituted flat-rate income tax systems. Estonia was the first, and Bulgaria is one of the most recent, having only moved to the 10 percent flat rate at the beginning of this year. The flat rate for Bulgaria was first proposed by exceptionally talented young economists affiliated with the Institute for Market Economics (IME), the country's leading free-market think tank.

Economists in the Finance Ministry claimed that such a drastic cut in ......

Sunday, October 12, 2008

WHAT VOTERS NEED TO KNOW

Written by Steve Baldwin
To The Point News


Here is what American voters need to know.

The following information has been completed on my own time and not on behalf of any group or organization. It is based upon my own research and uses contacts I have in all branches of the US government, conversations with think tank leaders, policy experts, election law attorneys, sources within the McCain campaign, and top political consultants.

Obama belonged to a Socialist Party. New Information has come out confirming that Obama was a member of a radical socialist political party in Chicago called the "New Party," composed of former Black Panther members. Several documents have confirmed Obama's membership as recently as 1996. Obama's supporters have attempted to "scrub" websites clean of this information but fortunately, researchers made copies of it before it disappeared. So far, the media is refusing to cover this story.

Obama continues to hide his past. Obama has continued to block reporters from gaining access to any and all medical, school, and even legislative records from his state senate days. The media should be screaming about this but they are not. This makes Obama the least known presidential candidate in perhaps American history. All of McCain's records have been made available.

The only thing we do know about Obama's time at Columbia University is that the title of his thesis was "Soviet Nuclear Disarmament" but he will not release it. I wonder why.

Michelle Obama has written a racist thesis. Access to Michelle Obama's senior thesis at Princeton was also blocked until recent effort by researchers to gain access to it. I can understand now why access was initially blocked.

In her thesis, Michelle identifies herself as a black separatist and is clearly hostile to the notion of blacks integrating into the larger society with all the evil whites. This is Farrakhan type racism that could have easily been written by a Klansman from a white perspective.

Do you think if Cindy McCain had written a thesis about white separatism, it would be news?

Illegal foreign contributions are pouring into Obama's campaign at an unprecedented rate. Analysis of Obama's disclosures reveal he has received around $32 million dollars from overseas, much of it from the Middle East. There are 11,500 foreign donations. 520 of the donors list their country as "IR" which is Iran. He received millions from "Palestinians" and others hostile to US policy. Such contributions are illegal and the Republican Party has asked the FEC to investigate.

Even more alarming is that $190 million of his contributions are unidentified. The donor is not listed. Many donors are clearly using fake names such as "Good, Will." The problem is that the FEC has no power to freeze Obama's campaign or even stop him from continuing to receive foreign money.

All that will happen is that Obama will be fined AFTER the campaign is over. With 10% of Obama's money coming from overseas, this means that for the first time in American history, foreigners will influence the outcome of a presidential election.

Anti-American dictators are praising Obama. Just about every anti-American dictator in the world has issued words of praise for Obama: Cuban dictator, Fidel Castro, North Korean ruler, Kim Jong-il, Venezuelan strongman, Hugo Chavez, Libyan dictator, Moammar Qadhafi, and so forth.

Never before in American history have so many enemies of America praised a candidate for the presidency. Not only that, but an array of communist and socialist parties both here and abroad have praised him. Even terrorist groups such as the pro-Al Qaeda HAMAS and the Columbian terrorist group (and heroin producing) FARC have praised him.

And what did Obama promise in return? Such praise and endorsements do not come casually. This means that people representing Obama must have met with these groups and leaders and have promised changes in US policy favorable to them.

Obama's extremist friends go into hiding. The Obama campaign is frantically covering up all Obama's socialist and Marxist connections by keeping his wacko friends away from the press. They just need to keep Americans in the dark for one more month! Moreover, documents that show Obama's work with extremist groups are disappearing. But I don't hear our crack reporters yelling "censorship!"

Forced union dues used for Obama. The unions are gearing up for the largest campaign mobilization in US history. We now know that they have allocated over $100 million dollars of forced union dues to a massive independent effort attacking McCain and supporting Obama. On election day, hundreds of thousands of union workers will mysteriously call in sick and will work on getting the vote out for Obama.

Polls are showing some discouraging trends. They show that people are blaming the fiscal crisis upon the Republicans, even though Fannie Mae and Freddie Mac were created by Democrats and banks were forced by Democrats to make high risk loans to low income people all in the name of "equality" and "compassion".

Indeed, it was Obama's group, ACORN, who played a key role years ago in pressuring these agencies to implement such policies. Three of the key architects of this policy are now involved with Obama's campaign. Moreover, McCain is the one who authored sweeping legislation to reform all of this and it was blocked by the Democrats.

Americans don't know who controlled Congress the last two years. Polls also show that most Americans do not know that the Democrats took power in late 2006 and thus had oversight over Fannie Mae and Freddie Mac; nor do they know that the Democrats shut down every inquiry into these rogue agencies and ignored every sign of trouble.

Nor do Americans realize that right after the Democrats took control, the economy went south. Except for the foreign policy arena which the Constitution explicitly grants power to the presidency, Bush has been a lame duck for two years in all other policy areas.

Indeed, every economic indicator plunged downward AFTER the Democrats took control of Congress in 2006 - inflation, unemployment, job creation, etc, and yet, a misinformed public is blaming Bush, and by extension, McCain for the economy and sadly will be voting based upon ignorance of basic facts.

McCain is not Bush. Most Americans also do not know that McCain fought Bush on Iraq strategy, earmarks, spending, tax policy, education policy, homeland security issues, etc, etc, and that he is by far the most independent member of Congress while Obama never crossed the aisle and was just an isolated far left senator.

It is now clear that we are paying a price for the vulgarization of American culture. We have polls showing many Americans get their "news" from Saturday Night Live, John Stewart, David Letterman, Jay Leno, and even from incoherent ramblings by such popular cultural figures as Alex Baldwin, Whoopi Goldberg, and so on.

Americans engage in less serious reading and far more in entertaining themselves than any previous generation of Americans. This is truly sad and will cost our country in ways we can't even predict.

Obama has hordes of attorneys ready to challenge votes. We now know that the Obama campaign has around 10,000 lawyers volunteering to work on election monitoring. As the Kerry campaign had four years ago, there will once again be an effort to decertify absentee ballots sent in abroad from military personnel, based on petty mistakes often made with such ballots.

Thousands of military personnel were disenfranchised four years ago and since they usually vote Republican, the Obama campaign will repeat this effort.

Obama is registering thousands of illegal aliens. While the Obama campaign works hard to disenfranchise the men and women fighting to protect us from terrorism, at the same time they're working feverishly to register illegal aliens, felons, and the homeless by the hundreds of thousands.

Video clips have already appeared on You Tube showing the Obama campaign registering illiterate homeless people. Most states do not ask for proof of citizenship to register to vote, so hundreds of thousands of illegal aliens will be voting for Obama.

The group that has specialized in registering illegal aliens for a decade is, in fact, Obama's former "community service" group -- ACORN. While ACORN has been in legal trouble repeatedly for this work, the Obama campaign has contracted them out do to "voter registration." Wink, wink.

Lots of felons will be voting. Not by coincidence, democrat governors and democrat legislators are granting felons the right to vote. Just last week, the Virginian Democrat governor gave thousands of felons the right to vote. Remember, crime pays! The Governor claims this action has nothing to do with the coming election. Right.

Democrats are already disqualifying ballots in Ohio. In Ohio, the Democrat Secretary of State is already disqualifying thousands of Republican absentee ballots, claiming they didn't check some obscure box on the absentee forms. The GOP is filing suit here. But expect Republican ballots to be challenged all over the country by the legions of left wing trial attorneys who are volunteering their time to help steal the election just in case it's close.

Taxpayers groups are being ignored by the media. There are four major taxpayer groups in Washington DC that monitor taxation and spending issues full time. All have now rated Obama as one of the worst senators on tax, spending and pork issues, while also rating McCain as one of the best senators on these issues. All have issued press releases but the media has purposely ignored this story.

Obama supports gay marriage. Recently, both Obama and Biden have made false statements about opposing gay marriage. They know the vast majority of Americans oppose gay marriage, but in both private messages and private speeches, the Obama campaign has informed the homosexual community that they favor repealing DOMA.

DOMA is a federal law that if repealed, means all states will have to recognize married homosexuals who move there from states which have already legalized homosexual marriage - like Massachusetts and California. It's a back door way of legalizing gay marriage nationwide and it's why all the radical gay groups have mobilized for Obama unlike any other candidate before.

With the exception of Fox News, none of the above mentioned developments is being covered by the major media in any meaningful way. All have been given this information. We all know, however, that if McCain took millions of dollars from Middle Easterners, was praised by a half dozen foreign dictators, and hid all his medical and school records, there would be huge stories on TV, radio and the newspapers for weeks on end.

The media is protecting this candidate to a degree never before seen in presidential campaign history.

Predictions if Obama Becomes President

I have been asked for my predictions of what will happen if Obama were to win the presidency and take solid control of both houses. Put your seatbelt on:

Jobs will leave America and job creation will decline. The capitol markets are starved for cash due to the credit crisis. What is needed more than anything right now is tax cuts for corporations so they can survive the coming recession. This is the worst possible time to raise corporate taxes as Obama is proposing.

Our corporate tax hikes are already among the highest in the industrialized world and this was killing us BEFORE the fiscal crisis. But Obama doesn't understand how the economy works. He views corporations as a source of funding for his social programs. Period.

If he goes through with his corporate tax hike, look for corporations to 1) Outsource jobs overseas 2) Move the entire corporate headquarters overseas, 3) Delay expansion plans, 4) Lay off workers.

Obama's proposal for a government takeover of health care insurance will send the stock market plunging in regards to health care plans, due to the instability such a proposal would create. Obama's plan will drive private plans out of existence, eventually taking over the entire health care market. Also, as in Canada and other nations with "universal" health care, the good doctors leave the profession, creating a shortage, and waiting lists will be instituted for most procedures.

The doubling of capital gains taxes will bring job creation to a grinding halt. There aren't many economists who argue with this point. But Obama doesn't seem to understand this. If this goes through, look also for the unemployment rate to rise.

There will be a flurry of lawsuits against private Christian schools, churches, etc. on the gay issues, all due to the legalization of gay marriage which creates a legal framework for a full frontal assault on American culture.

With the Obama administration using its power to promote homosexual marriage, gay attorneys will work in tandem with Obama's justice department to chip away at religious freedom, claiming gay rights now trump constitutional rights. Lawsuits will be aimed at forcing private Christian schools to admit gay teachers and to teach gay sex alongside heterosexual sex in sex ed courses.

Similarly, churches that refuse to marry gay couples will be the subjects of lawsuits as well. Indeed, gay legal groups are already laying plans for the final assault on what's left of America's Judeo-Christian culture.

Union power will have a negative impact on the economy. Obama has promised the unions he will remove the secret ballot which means unions will be able to intimidate workers as they did in the 1950s. This means more power, more money, and more demands on industry. This also means more corporations moving offshore or filing for bankruptcy.

The cumulative impact of higher corporate taxes, higher capital gains taxes, and stronger unions - on top of a severe fiscal crisis -- means America will likely have a recession lasting 3-4 years.

Criticism of Obama's agenda will be suppressed. Similarly to the Clinton administration, Obama will use the power of the government to harass opponents with IRS audits. He will also suppress criticism of his agenda by passing the "Fairness Doctrine" which will cause radio stations to remove talk shows. The talk show industry is already preparing for the assault. This is not a joke.

Illegal alien rights will be federalized. Obama has spent much of his career fighting for the "rights" of illegal aliens. There is little doubt he will use his Justice Department to fight for these "rights" which in turn will attract millions of additional illegal aliens. What little gains made in the last few years in fighting for a more secure border will be lost.

The reemergence of bogus race-based rights. Obama believes in wild racial conspiracy theories such as quotas for police arrests and pull overs, reparations for blacks based on the notion all whites are guilty of perpetrating slavery in the past, and that lending agencies based their lending policies on race instead of credit risk.

Indeed, it was the last issue used by Obama's group, ACORN, to fight for high risk lending policies which caused the mortgage crisis we have today.

This worldview will mean that Obama's Justice Department to spend its resources on charging businessmen with racism for not hiring enough minorities, spending millions on federal studies "proving" racism in law enforcement, and going after universities for not implementing race-based admission plans.

Internal Security will be weakened resulting in America becoming more vulnerable to terrorism. Obama has been critical of our internal security apparatus, including the program that monitors the phone calls of foreign terrorists and other elements of the Patriot Act. What most Americans don't know is that Bush's aggressiveness on internal security prevented dozens of terrorist plots, many of which the public never knew about.

Obama's close ties to ACLU type attorneys make it likely that he will weaken internal security measures such as the Patriot Act. This will send an "open season" message to Islamic terrorists.

Just this week, a court has ruled that we must release terrorist prisoners from Guantanamo and grant them all the rights US citizens have. Obama supported this decision. Then we have Obama declaring in his own book (Audacity of Hope), "I will stand with the Muslims should the political winds shift in an ugly direction."

Gas prices will rise. Obama's hostility to drilling and nuclear power means he will rely totally on "alternative" forms of energy to meet our energy needs but there isn't an energy expert alive who will claim this will enable us to meet our energy needs anytime in the next few decades. Coupled with Obama's proposal to increase taxes on an already over-taxed oil industry - which will be passed on to consumers - you can expect to pay steep prices for gas for many years to come.

Welcome to Obama's America.

Steve Baldwin is Executive Director of the Council for National Policy.

“Much has been said over the years about the diversity of the American people and the vitality and resilience of the American character. Well, that character isn’t centered around any one religious denomination—for in our country there are many religions; everyone has a right to worship God as he or she chooses. It isn’t based on any one ethnic group or race—for our people come in all shades and shapes, and we remain dedicated to the proposition that all of them are created equal... But our national character is based on a common identity with a single ideal, a shared value that overcomes our differences and unites us as a people. What has made us a nation is our love of liberty and our realization that we’re part of a great historic venture, an experiment in freedom to test the ability of people to live together in freedom, respecting the rights of others and expecting that their rights, in turn, will be respected. I’ve said... that God must have placed this land here between the oceans to be found by a certain kind of people and a kind only in one thing: that whatever corner of the world they came from, they had the courage—and the desire for freedom that went with it...”

-- Ronald Reagan

“It’s time we asked ourselves if we still know the freedoms intended for us by the Founding Fathers. James Madison said, ‘We base all our experiments on the capacity of mankind for self-government.’ This idea that government was beholden to the people, that it had no other source of power, is still the newest, most unique idea in all the long history of man’s relation to man. This is the issue of this election: Whether we believe in our capacity for self-government or whether we abandon the American Revolution and confess that a little intellectual elite in a far-distant capital can plan our lives for us better than we can plan them ourselves.”

-- Ronald Reagan

“A Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever.”

-- John Adams

“Republics are created by the virtue, public spirit, and intelligence of the citizens. They fall, when the wise are banished from the public councils, because they dare to be honest, and the profligate are rewarded, because they flatter the people, in order to betray them.”

-- Justice Joseph Story

“It is the manners and spirit of a people which preserve a republic in vigor. A degeneracy in these is a canker which soon eats to the heart of its laws and constitution... If a nation expects to be ignorant—and free—in a state of civilization, it expects what never was and never will be... The whole art of government consists in the art of being honest. Only aim to do your duty, and mankind will give you credit where you fail... An honest man can feel no pleasure in the exercise of power over his fellow citizens.”

-- Thomas Jefferson

“Children should be educated and instructed in the principles of freedom... If we suffer [the minds of young people] to grovel and creep in infancy, they will grovel all their lives... We have no government armed with power capable of contending with human passions unbridled by morality and religion. Avarice, ambition, revenge, or gallantry, would break the strongest cords of our Constitution as a whale goes through a net. Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other... We should be unfaithful to ourselves if we should ever lose sight of the danger to our liberties if anything partial or extraneous should infect the purity of our free, fair, virtuous, and independent elections.”

-- John Adams