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**BREAKING NEWS**
Posted by: | Comments[AP News] Apparently dePressed
Posted by: | Comments![Depressed [AP News] Apparently dePressed](http://www.ontheborderline.net/wp-content/uploads/2009/12/Depressed.jpg "Depressed")
Below we find the words of the AP.
SIOUX CITY, Iowa (AP) – Former Republican vice presidential candidate Sarah Palin is raising more speculation about a possible presidential bid with a stop in Iowa during her national book-signing tour.
The Iowa caucuses have traditionally tried to launch the presidential nominating political; season .
Palin’s book – signing tour has been carefully controlled, and she has not spoken to reporters at most events .
Still, her appearance in Iowa is seen as significant.
Veteran Republican activist Tim Albrechtt says politicians don’t just happen to stop in Iowa and Palin must know that her visit is probably seen as a signal she is more than likely considering a run.
Another possible RINO Republican contender, Minnesota Gov. Tim Pawlenty, also has visited the state recently.
Copyright 2009 The Associated [De]Press[ed]. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
So the AP media can copyright the previous and obvious 6 sentences?
They are also delusional.
Obama Preparing for Perpetual War
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Bigger loss? I vote for Billy Mays…
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I’ll admit, I was no fan of Michael Jackson. I didn’t particularly like his music, and I really have ongoing suspicions regarding his pedophilia. Yet, the collective grief seems unending and the irrational behavior by people who never personally knew him is mind-boggling.
Then just today we learned of the sudden death of television pitchman, Billy Mays. Mr. Mays was fully engaged in bringing to market new and innovative consumer products; products with a level of appeal to just about everyone.
I can’t help but compare the reaction we’ll likely not see with regard to Mr. Mays verses the irrational orgy of collective grief we’ve been witnessing over Jackson. Mays life-work can be measured in jobs, revenue, and profitability for newly launched products by start-up companies competing in the marketplace, Jackson?
In our view Billy Mays is a much larger loss to humanity than Michael Jackson was, or ever would have been. While there is clearly something untoward in comparing people posthumously in this way, it is nevertheless the media in our faces that prompts reaction. None of these losses to those who are truly and immediately affected is really our business. An otherwise disconnected observer can be empathetic, but to go further is irrational. Yet, because some of these people impacted our daily lives we do feel some compulsion to have an opinon. So be it.
Our condolences go out to the Mays family – in our view, their loss is also our loss. Not in a personal way, but rather in the fact that Billy Mays was a productive part of society who profited handsomely while increasing the wealth of others.
Where Is The Outrage!
Posted by: | CommentsThis is INCREDIBLE stuff on its face, even more incredible is the fact that there is no national outrage over this! Where are the people’s representatives? Call your congressman, call your Senator, Call you freekin mother! All you pin heads who were screaming about AIG executives getting bonus money after bailout funds were distributed need to wake up! That whole menagerie was just that – smoke and mirrors.
You want a real reason to be outraged – this is it!
Napolitano:
I was at a dinner last night (3/31/09) in Washington, D.C.. sitting next to me was a banker who was the Chair and CEO of one of the ten largest banking holding companies in the United States. They have $250 billion in assets, no bad debt of which they are aware, did not engage in credit default swaps, they have no sub-prime mortgages, and they dont need any government assistance.He informed me that the FDIC and The Treasury came to him and said if you dont issue a special class of stock just for us, which we can borrow, we will audit you publicly it will cost you millions in employee time and bad publicity and in lost business. Thats your choice.
Isnt that extortion?
This successful banker begged the federal government to let him run his bank. Begged his board of directors to let him tell the FDIC to go take a hike.
The board caved, they issued a special class of stock, Hank Paulson bought the special class of stock (2% of the company’s stock). That was September
Come March (knock, knock) Sheila Bair (FDIC head) comes knocking: we own 2% of your stock, and heres how you are going to structure your corporation
So, A, if this story is true, and I have no reason to believe it is not true, this is extortion. Which is, B, a crime, and C, we have a 2% share owner of non-voting stock now trying to control management.
Stossel: Is this the banker that gives out copies of Atlas Shrugged ? The charity that does that?
Napolitano: Yes.
Napolitano: John, you would have been very comfortable at this dinner party…
Stossel: Yes, I would have.
Epic Episode of Freedom Watch
Posted by: | CommentsWall St. Threatens to Take Ball and Go Home
Posted by: | CommentsVictims of Lawful Plunder
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Men naturally rebel against the injustice of which they are victims. Thus, when plunder is organized by law for the profit of those who make the law, all the plundered classes try somehow to enter — by peaceful or revolutionary means — into the making of laws. According to their degree of enlightenment, these plundered classes may propose one of two entirely different purposes when they attempt to attain political power: Either they may wish to stop lawful plunder, or they may wish to share in it.
Woe to the nation when this latter purpose prevails among the mass victims of lawful plunder when they, in turn, seize the power to make laws!
Until that happens, the few practice lawful plunder upon the many, a common practice where the right to participate in the making of law is limited to a few persons. But then, participation in the making of law becomes universal. And then, men seek to balance their conflicting interests by universal plunder. Instead of rooting out the injustices found in society, they make these injustices general. As soon as the plundered classes gain political power, they establish a system of reprisals against other classes. They do not abolish legal plunder. (This objective would demand more enlightenment than they possess.) Instead, they emulate their evil predecessors by participating in this legal plunder, even though it is against their own interests.
It is as if it were necessary, before a reign of justice appears, for everyone to suffer a cruel retribution — some for their evilness, and some for their lack of understanding.
FDR’s policies prolonged Depression by 7 years, UCLA economists calculate
Posted by: | CommentsTwo UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.
After scrutinizing Roosevelt’s record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years.
“Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump,” said Ohanian, vice chair of UCLA’s Department of Economics. “We found that a relapse isn’t likely unless lawmakers gum up a recovery with ill-conceived stimulus policies.”
In an article in the August issue of the Journal of Political Economy, Ohanian and Cole blame specific anti-competition and pro-labor measures that Roosevelt promoted and signed into law June 16, 1933.
See Story Here
Bringing Wall Street Much Closer to Home
Posted by: | CommentsMaking the headlines today at CNNMoney.com was this story.
Wisconsin school districts slammed by Wall Street meltdown
What makes one chuckle is the complaint from board members stating how, “They told us something different than what was put on paper.”
You’d think that if you were going to invest $200 million of taxpayer’s money you’d at least have a lawyer check the fine print. It would seem those running our educational system aren’t very educated themselves. And we wonder why we’re in the state we’re in.
ACORN MONEY STILL IN THE BILL!
Posted by: | CommentsCall your congressional representatives and scream!
This ACORN b.s. is utterly incredible!!
(WSJ) … Here’s the exact, amazing language from the Democratic proposal, breaking out how the money would be divided and dispensed:
“Deposits. Not less than 20% of any profit realized on the sale of each troubled asset purchased under this Act shall be deposited as provided in paragraph (2).
“Use of Deposits. 65% shall be deposited into the Housing Trust Fund established under section 1338 of the Federal Housing Enterprises Regulatory Reform Act . . . ; and 35% shall be deposited into the Capital Magnet Fund . . .
“Remainder Deposited in the Treasury. All amounts remaining after payments under paragraph (1) shall be paid into the General Fund of the Treasury for reduction of the public debt.”
What we have here essentially are a pair of government slush funds created in July as part of the Economic Recovery Act that pump tax dollars into the coffers of low-income housing advocacy groups, such as Acorn.
Acorn, one of America’s most militant left-wing “community activist groups,” is spending $16 million this year to register Democrats to vote in November. In the past several years, Acorn’s voter registration programs have come under investigation in Ohio, Colorado, Michigan, Missouri and Washington, while several of their employees have been convicted of voter fraud.
details here (WSJ) – WARNING: This will piss you off.
So, why yell at the top of my slimpicken lungs about this? Read this for starters. When Barack Obama talks about being a community organizer, THIS IS WHAT THAT MEANS!
OPEC’s undoing…
Posted by: | CommentsEvery barrel of oil that the environmentalists have succeeded in getting the U.S. government not to allow to be produced, every ton of coal that they have prevented from being mined, every atomic power plant whose construction they have stopped, has served to make oil scarcer and more expensive and subsequently to enrich OPEC and increase the funds available for the support of terrorism.
- Every new barrel of oil produced in America is a barrel NOT purchased from OPEC;
- Every new barrel of oil produced in America is a barrel that can be sold on the world market;
- Every new barrel of American oil sold on the world market represents an addition to American GDP;
- Every new barrel of American oil sold on the world market represents an increase in global oil supply vs. demand;
- Every new barrel of American oil sold on the world market represents further reduction in revenues to OPEC, via both downward pressure on oil prices and by drawing international customers away from the OPEC cartel;
- Every new barrel of American oil sold on the world market represents more jobs and income for Americans;
- Every new barrel of American oil sold on the world market represents a powerful shot in the arm of the world economy, with the potential to spur another long-term economic boom cycle;
- History has shown that worldwide economic recession is a catalyst for war, while worldwide economic prosperity is a powerful catalyst for peace – therefore every new barrel of American oil is a brick in a new foundation of world peace.
The facts are is that coal and atomic energy technology is 20 times safer and cleaner than it was in the 60’s and early 70’s. In fact I’ve even heard about reactors not having ANY spent rods after they are done using them. There won’t be a need to bury them anywhere. Additionally, coal plants have reduced their environmental output 20 fold. Today wind power accounts for .66 of 1 percent of today electricity. If it was practical and feasible, the markets would have capitalised on it and that number would be 20 fold higher. Solar is even more dismal.