From $1 trillion in debt
to $4 trillion in debt in six weeks
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AIG Gave Obama $101,332 |
Senator Barack
Obama
received a $101,332 bonus from American International Group in the
form of political contributions according to Opensecrets.org. The two
biggest Congressional recipients of bonuses from the A.I.G. are --
Senators Chris Dodd and Senator Barack Obama.
The A.I.G.
Financial Products affiliate of A.I.G. gave out $136,928, the most of
any AIG affiliate, in the 2008 cycle. I would note that A.I.G.’s
financial products division is the unit that wrote trillions of dollars’
worth of credit-default swaps and "misjudged" the risk.
With the
anger and rage that is being exhibited against A.I.G., perhaps the
bonuses Obama received from A.I.G. explain Obama's A.I.G crocodile
tears.
Now that the Wall street Journal has revealed that A.I.G.
paid bonuses of $1 million or more to 73 employees, it's time to ask if
recipients of A.I.G. "bonuses," including President Obama, will give
what now ought to be taxpayer money back?
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Bailout Backlash |
"This is not a Democrat thing or a Republican
thing. It's a government thing."
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Obama Cuts Weapons |
The
Russians and the
Chinese have just both announced military buildups, and the
Iranian nuclear threat was described as, "real" -- "dangerous."
Venezuela
offered an island off its Caribbean coast as a support base for
strategic Russian bombers.
Cuba could be used to base Russian
aircraft, too.
North Korea threatened
war.
Osama bin Laden called
for a renewed jihad.
What did Obama do?
He
ordered the Secretary of Defense to prepare for the most
far-reaching reduction in the Pentagon's weapons portfolio since the end
of the Cold War, according to aides.
Two defense officials who
were not authorized to speak publicly said Robert M. Gates will announce
up to a half-dozen major weapons cancellations later this month.
Candidates include a new Navy destroyer, the Air Force's F-22 fighter
jet, and Army ground-combat vehicles, the officials said.
More
cuts are planned for later this year, after a review that could lead to
reductions in programs such as aircraft carriers and nuclear arms, the
officials said.
He's only
doing what he promised he'd do (video).
Sometimes, about some things, you can take this guy's word to the bank. |
Cuts Pilot's Program Too |
After the September 11
attacks, commercial airline pilots were
allowed to carry guns if they
completed a federal-safety program. No longer would unarmed pilots be
defenseless as remorseless hijackers seized control of aircraft and
rammed them into buildings.
Now President Obama is quietly
ending the federal firearms program, risking public safety on airlines
in the name of an anti-gun ideology.
The Obama administration
this past week diverted some $2 million from the pilot training program
to hire more supervisory staff, who will engage in field inspections.
Armed pilots are a
cost-effective backup layer of security. Terrorists can only enter the
cockpit through one narrow entrance, and armed pilots have some time to
prepare themselves as hijackers penetrate the strengthened cockpit
doors. With pilots, we have people who are willing to take on the burden
of protecting the planes for free. About 70 percent of the pilots at
major American carriers have military backgrounds.
Frankly, as a
matter of pure politics, we cannot understand what the administration is
thinking. Nearly 40 House Democrats are in districts were the NRA is
more popular than House Speaker Nancy Pelosi. We can't find any
independent poll in which the public is demanding that pilots disarm. Why does this move make sense?
Only anti-gun extremists and
terrorists are worried about armed pilots. So why is the Obama
administration catering to these tiny lobbies at the expense of public
safety?
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Obama's Plan to Charge Wounded Heroes |
The leader of the nation's largest veterans organization says he is
"deeply
disappointed and concerned" after a meeting with President Obama
today to discuss a proposal to force private insurance companies to pay
for the treatment of military veterans who have suffered
service-connected disabilities and injuries. The Obama
administration recently revealed a plan to require private insurance
carriers to reimburse the Department of Veterans Affairs (VA) in such
cases.
"It became apparent during our discussion today that the
President intends to move forward with this unreasonable plan," said
Commander David K. Rehbein of The American Legion. "He says he is
looking to generate $540-million by this method, but refused to hear
arguments about the moral and government-avowed obligations that would
be compromised by it."
The Commander, clearly angered as he
emerged from the session said, "This reimbursement plan would be
inconsistent with the mandate 'to care for him who shall have borne the
battle' given that the United States government sent members of the
armed forces into harm's way, and not private insurance companies.
I say again that The American Legion does not and will not support any
plan that seeks to bill a veteran for treatment of a service connected
disability at the very agency that was created to treat the unique need
of America's veterans!" |
Open Letter To United States Attorney
Jeffrey Taylor |
Leo C. Donofrio, Esq.
Read it here |
Obama Receives Failing Grade From Economists |
On average, they
gave the president a grade of 59 out of 100, and
although there was a broad range of marks, 42% of respondents rated Mr.
Obama below 60. Mr. Geithner received an average grade of 51.
Federal Reserve Chairman Ben Bernanke scored better, with an average 71.
The economists' negative ratings mark a turnaround in opinion. In
December, before Obama took office, three-quarters of respondents
said the incoming administration's economic team was better than the
departing Bush team. However, Geithner's latest marks are lower
than the average grade of 57 that former Treasury Secretary Henry
Paulson received in January.
Meanwhile, the economists surveyed this
month predict that the economy will shed another 2.8 million jobs over
the next 12 months as the unemployment rate climbs to 9.3% by December,
up from the 8.1% rate recorded in February. Economists also see nearly a
one-in-six chance that the U.S. will fall into a depression, defined as
a decline in per-person GDP or consumption by 10% or more. |
Obama’s Newest Spiritual Advisor |
Now that he
no longer draws spiritual succor from Jeremiah Wright -- the
America-hating, racist demagogue who served as his pastor and spiritual
mentor for twenty years -- Obama has turned elsewhere for guidance in
the task of carrying out his political duties while remaining true to
his religious values.
The most notable of his spiritual advisors
today is his
friend of many years, Rev. Jim Wallis, founder of the Sojourners
organization. Says Wallis, "We’ve [he and Obama] been talking
faith and politics for a long time."
Who is Jim Wallis? According to The
New York Times, Wallis "leans left on some issues" but overall is a "centrist, social justice" kind of guy. But a closer look at Wallis’s
background reveals him to be nearly as radical, if better at disguising
the fact, as Jeremiah Wright.
As a teenager in the
1960s, Wallis joined the civil rights movement and the anti-Vietnam War
movement. His participation in peace protests nearly resulted in his
expulsion from the Trinity Evangelical Divinity School in Illinois. While at Trinity, Wallis founded an anti-capitalism magazine called the
Post-American, which identified wealth redistribution and
government-managed economies as the keys to achieving "social justice"
-- a
term that, as educator/journalist Barry Loberfeld has pointed out, is
essentially "code for communism."
In 1971, the 23-year-old Wallis
and his Post-American colleagues changed the name of their publication
to Sojourners, and in the mid-1970s they moved their base of operation
from Chicago to Washington, DC. As one of its first acts, Sojourners
formed a commune in the DC neighborhood of Southern Columbia
Heights, where members shared their finances and participated in various
activist campaigns that centered on attacking U.S. foreign policy,
denouncing American "imperialism," and extolling Marxist revolutionary
movements in the Third World.
Giving voice to Sojourners’
intense anti-Americanism, Jim Wallis
called the U.S.
"the great power, the great seducer, the great captor and destroyer of
human life, the great master of humanity and history in its totalitarian
claims and designs."
In parallel with his magazine’s stridently antiwar
position during the Seventies, Wallis championed the cause of communism.
Forgiving communism’s brutal standard-bearers in Vietnam and Cambodia
the most abominable of atrocities. He was silent on the subject of the
murderous rampages of Pol Pot’s Khmer Rouge in Cambodia. In fact,
several Sojourners editorials attempted to exculpate the Khmer Rouge of
the charges of genocide, instead shifting blame squarely onto the United
States.
Following the 1979 refugee crisis in Vietnam, Wallis
lashed out at the desperate masses fleeing North Vietnam’s Communist
forces by boat. These refugees, as Wallis saw it, had been "inoculated"
by capitalist influences during the war and were absconding "to support
their consumer habit in other lands."
Actively embracing
liberation theology, Wallis and Sojourners in the 1980s rallied to the
cause of Communist regimes that had seized power in Latin America with
the promise of bringing about the revolutionary restructuring of
society. Particularly attractive for the ministry’s religious activists
was the Communist Sandinista dictatorship that took power in Nicaragua
in 1979. Wallis embarked on an editorial crusade in Sojourners to
undercut public support for a confrontational U.S. foreign policy toward
the spread of Communism there and elsewhere in the Western Hemisphere.
Moreover, he invited the Committee in Solidarity with the People of El
Salvador (CISPES) -- the public relations arm of the El Salvadoran
terrorist group the FMLN -- to take part in a number of initiatives with
Sojourners.
In 1995 Wallis founded Call to Renewal, a coalition
of religious groups united in the purpose of advocating, in religious
terms, for leftist economic agendas such as tax hikes and wealth
redistribution to promote "social justice."
To this day, Wallis
remains fiercely opposed to capitalism and the free-market system. "Our
systems have failed the poor and they have failed the earth," Wallis has
said. "They have failed the creation."
Immediately after Obama’s
January 20th inauguration, a rejoicing Wallis told The Washington Times:
"My prayers for decades have been answered in this minute. I'm proud of
my country for the first time in a very long time."
The country,
meanwhile, may be properly concerned that the president has sought
spiritual counsel from a figure as removed from the political mainstream
as Jim Wallis.
Doesn't Obama
know any Americans? |
©
Copyright Beckwith 2009
All right reserved
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