News, Research & Insights for American Homeowners, Patriots & Constitutional Conservatives
First Corzine, then ...
It’s been a bad week for big Democratic donors. First Jon Corzine, one of Barack Obama’s main bundlers and his liaison to Wall Street, told Congress on Thursday that he had no idea that the firm he ran had somehow lost $1.2 billion in customer money attempting to cover losses from Corzine’s bets on European [...]
Taking the Fifth?
Jon Corzine goes to Capitol Hill today to answer questions about the disappearance of as much as $1.2 billion in the collapse of MF Global under his leadership. The former Democratic governor of New Jersey and current fundraising bundler for Barack Obama might not have too much to say to the House Agriculture Committee. In [...]
Flashover.
“The Federal Reserve and other major central banks moved on Wednesday to help foreign banks more easily borrow and lend money, seeking to forestall a breakdown of global financial markets and giving Europe more time to wrestle with its debts. The latest round of interventions by central banks, including the expansion of an existing Fed [...]
Nuclear Christmas?
I’m not much of a fan of basketball, so it hasn’t exactly bothered me that yet another league comprised of millionaire employees and billionaire owners couldn’t figure out how to share income in order to make even more money for everyone involved. Still, I’ll be happier to hear game highlights on ESPN rather than stupid, [...]
So far.
Sure, the total cost calculated by the Associated Press on urban taxpayers may seem like a lot of money. But ask yourselves this — aren’t stories like Poop Mountain worth a few dollars? During the first two months of the nationwide Occupy protests, the movement that is demanding more out of the wealthiest Americans cost [...]
Now up to $1.2 billion.
Earlier, investigators probing the records of MF Global expressed some optimism that they could locate some of the $600 million that appeared lost from customer accounts. Their job just got twice as difficult, the New York Times reports, as the amount missing may have doubled to $1.2 billion: The amount of customer money missing from [...]
Hypocrisy.
Barack Obama has exhorted supporters to object to large bonus payouts at financial institutions that took TARP bailout money. The House Oversight Committee and its chair, Rep. Darrell Issa, want to know why Obama hasn’t objected to the ridiculous levels of compensation at the two largest bailout recipients — Fannie Mae and Freddie Mac. In [...]
Satire is dead.
This … is not satire: President Obama’s Agriculture Department today announced that it will impose a new 15-cent charge on all fresh Christmas trees—the Christmas Tree Tax—to support a new Federal program to improve the image and marketing of Christmas trees. Guess what the money will fund? If you guessed “bureaucracy,” you get a sugar [...]
Of course.
Why not? We pay for having a terrible federal government every day. Why should this be any different just because it involves lost rights instead of lost money? Seriously, though, having Obama’s AG mumble about more gun regulation in front of a mic will accomplish two things. One: It’s bound to worry all sorts of [...]
Of course.
Why not? We pay for having a terrible federal government every day. Why should this be any different just because it involves lost rights instead of lost money? Seriously, though, having Obama’s AG mumble about more gun regulation in front of a mic will accomplish two things. One: It’s bound to worry all sorts of [...]
Once you pay the Danegeld ...
Over the years, I’ve spent quite a bit of money at Mens Wearhouse, in the low four figures. They generally have a good selection of clothing at pretty good prices, and in the Twin Cities have conveniently-located stores. Overall I’ve been a pretty satisfied customer. After this week, though, they won’t see a dime from [...]
Voters really go for it.
Perhaps no form of out-of-control government spending is more exasperating than the money the federal government pretends it doesn’t spend. Since 2005, accounting tricks and budget gimmicks have enabled more than $350 billion in additional deficit spending. That’s why, about a month ago, Sen. Jeff Sessions and Sen. Olympia Snowe introduced the Honest Budget Act [...]
What. A. Shock.
When first proposed to taxpayers in 2008, the high-speed rail project in California that would eventually link Los Angeles and San Francisco had a projected cost of $33.6 billion and a delivery date of twelve years. By May of this year, after the Obama administration tossed in $3.5 billion in stimulus money to get the [...]
$5 million and counting -- so far.
Team Obama has already begun bragging in messages to supporters that they don’t take money from lobbyists in their campaign to re-elect the President, in an attempt to show that Barack Obama has kept his 2008 campaign promise. That promise got broken in the first days of the Obama presidency, however, as the White House [...]
Reposted from last November because I felt like it…
It’s 4:00 AM. I couldn’t sleep…
I had lunch with my 15 year-old daughter today. It’s her Homecoming Dance this coming weekend, and with 12 of them all going together, they thought they’d get a limo to take them to dinner and then to the dance. The kids were struggling with being able to afford it and get it done, so she called me. My wife and I decided to help them make it happen. But that’s not my point here…
During lunch she said in passing: “Maybe a few years ago when people had money…” and it made me sad to realize that they know… they see and hear what’s happening in this country… they see people, including me, working more and worrying more. This has already affected their lives growing up. They’ll take the feelings they have today with them through the rest of their lives.
So, what shall we tell our children, Mr. President?
Shall we tell them how you came into office so popular… speaking of hope and change… telling us that you’re one of us… and then how you helped the people of this country? Or should we tell them the truth, Mr. President?
How you turned your back on the working class in this country to favor the banking class. How you decided that a mediocre health care bill was your priority over 20 million Americans losing their homes. How voters became so angry with your administration that you lost control of the government after only two years and now we face gridlock and nothingness for the next two years as a result. What shall we tell the children about this country, Mr. President?
Should we tell them how things are fair in this country, that we are a nation of laws and that we are equal in the eyes of those laws? Is that even true anymore, Mr. President? Should we tell them about our nation’s Founding Fathers and how they envisioned a representative democracy, a republic, in which our elected representatives represent the will of the people? How can we show them their vision came true, Mr. President.
Should we tell them how we are a nation, one people, indivisible, with liberty and justice for all? That united we stand and divided we fall? That we never leave Americans behind; that we care about the rich as we care about the poor? How can we tell them these things, Mr. President? Is this what you and your wife are telling your children, Sir?
What should we tell them about the future of this country? That the working class people of this country all became irresponsible at the same time, went out and bought homes they couldn’t afford, and now deserve to be losing them… 20 million or more Americans… all losing their homes, and that once that happens our economy will be better? Is that what you’d have us tell them, Mr. President?
Because that’s crap, Sir, and I don’t lie to my daughter… ever. So, I think I’d prefer to tell her the truth about what’s happened, Mr. President. That a small group of rich bankers broke laws, abused our financial system, caused the pain and suffering they see around them… that our government was inept… that they looked the other way because they were so out of touch with the way the world really worked… works. That we can’t really trust them because they will be influenced by moneyed lobbyists pedaling the views of a small segment over the needs of the nation. That we cannot trust or believe in politicians when they say things, whether to get themselves elected, or otherwise. Like you, Sir… that they cannot trust people like you, Mr. President.
Shall we tell them that this is the land of opportunity, and that we strive to make that opportunity as equal as possible? That crime doesn’t pay, and that they can be anything they want to be as a citizen of this great land? Because that’s what I was told as a child, and I’ve believed it all of my adult life, Sir. But not anymore, Mr. President… and not because of what our last president did or didn’t do, but only because of what you have and haven’t done.
You alone have caused me to lose my faith in America, Mr. President. How could you allow that to happen to so many Americans, Sir? I feel a loss so great and so tragic that I can barely think of it without weeping, Sir. I wonder if Jamie Dimon, Lloyd Blankfein, Kenny Lewis, Dick Fuld, John Mack, John Stumpf, Vikram Pandit… and all the rest… do you think any of them feel that way, Mr. President? They received record bonuses for their role in our nation’s fall from grace, I wonder what they will tell their own children about this time. Do you wonder that as well, Sir?
I haven’t lost a house, Mr. President. I haven’t lost a job either. And yes, my daughter and her friends will be driven by limousine to their Homecoming Dance. And you can know that I thank God and this country every day that my wife and I were able to make that possible.
But, because of your policies I also know that no one in this country is economically safe, and no one will be safe for a long, long time. Millions more will endure pain and suffering to a degree that should not be possible in this country. And that’s your fault, Mr. President, not President Bush’s, or anyone before him. You were given the ball, and it was yours to run with… but you ran the other way.
What shall we tell our children about that, Sir? That you said you were a man of the people when you were riding around Iowa? Do you think the people of Iowa knew what you’d do once in office, Mr. President? Because I surely did not know, Sir, I surely did not know.
What shall we tell the children, Mr. President? How can we tell them the truth, even though we cannot lie? How can we tell them we’ve lost faith in America… that our government has abandoned us… that we no longer feel like a nation whose government is of the people, for the people, and by the people? That you failed us, Sir.
What shall we tell the children, Mr. President? Do you even care?
Mandelman out.
"The lawn is dead, our sprinklers aren't working ... our trees are without water."
Kasim Reed in Atlanta, Jean Quan in Oakland, now this guy. Time for a pool: Which left-wing up-and-comer will be next to deploy city police against the tip of the 99-percent’s spear? And don’t bother saying “Rahm.” I’ve already got my money on him. “I respect the protesters’ right to peacefully assemble and express their [...]
Not even worth $75 million.
Early next month, Solyndra will auction off its assets – including thousands of pieces of office equipment, computers, power tools, assembly line machinery and even solar panels. That should help taxpayers recoup their money — money that should never have been loaned to Solyndra in the first place. Right? Wrong. Scribe’s Lachlan Markay explains that the [...]
Populist.
The story’s a day old but it’s not to be missed. How much filthy “bankster” lucre are we talking about here? Put it this way: He’s raised more than twice as much for himself and the DNC as Romney has … from Bain Capital. Remember, this is a guy whose campaign is asking artists to [...]
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