06/19/10

An Oil Spill Runs Through It

From: Barack Obama’s Oil Spill’s Blog

It’s day 61. I’m still here. No one’s kicked my ass yet. Not even close.

Oh, my employer claims to be kicking my ass. BP sucked up or burned off 25,000 barrels of me yesterday. It’s an impressive figure, I must say … because it’s at least the amount I’m still gushing into the Gulf every day, if not more. But don’t take my word for it. Want to have a better visual than the spill cam in the sidebar to your right? Here’s another way to see what 25,000 barrels a day heading for your coastline looks like.

BP did kick someone’s ass: My boss, Tony Hayward, is no longer my boss, a day after getting raked over the coals for political theater by all those big talkers in Congress. The good news is that our “Small People” expert is now getting more involved. I think I just felt a shiver in my stream.

Meanwhile, BO’s big plan for kicking my ass continued to unfold yesterday. Don Quixote and his tilting at windmills Cap and Tax agenda will make you pay $7 a gallon for gas. I’m sure that will plug my damn hole. Come to think of it, you probably won’t be driving much anyway. Not when unemployment around the Gulf goes up while deep water drilling profits go to Brazil, where politicians seem to be less concerned with showboating and more interested in improving their country’s economic positioning in the world.

It’s all part of BO’s new plan of action: If I ignore it, the spill will go away.

That’s why he spent $1 million of your tax dollars yesterday to speak for 10 minutes in Ohio about a “big … deal,” stimulus-funded construction. Few cared, and even fewer heard him, especially not the construction workers who should have been earning $200 to build a nearby hospital building but instead were ordered to take the day off without pay so BO could safely read from his teleprompter.

Not that Louisiana Gov. Bobby Jindal needed extraordinary security at about the same time, but he did need the Coast Guard to stop messing with the barges he’d gathered to suck up my oil and keep me from fouling his coastline even further.

And while Jindal continued to work for a living, BO expanded his carbon footprint, flying from Ohio back to DC to take in a ballgame at Nationals Park. At least he couldn’t confuse it with “Comminsky Field.” Thankfully no one asked him to throw out the first pitch.

All I can say is that when BO speaks of me on the unemployment line in 2013, he’d better not speak of me badly. I am his legacy.

Eventually, all things merge into one, and an oil spill runs through it.

06/19/10

Quote of the Day – 06/19/10

From: SurvivalBlog

“America faces a new culture war. This is not the culture war of the 1990s. It is not a fight over guns, gays or abortion. Those old battles have been eclipsed by a new struggle between two competing visions of the country’s future. In one, America will continue to be an exceptional nation organized around the principles of free enterprise–limited government, a reliance on entrepreneurship and rewards determined by market forces. In the other, America will move toward European-style statism grounded in expanding bureaucracies, a managed economy and large-scale income redistribution. These visions are not reconcilable. We must choose.” – Arthur C. Brooks, The Washington Post, May 23, 2010

06/19/10

Financial News Update – 06/19/10

Pyramid schemes — so simple even a child can understand them

Bank failure pace more than double last year

Obama says Republicans making life harder for the jobless

Congress Races to Destroy Country Before 2012 Deadline (Satire) (Hat Tip: Jean Stoner)

‘ACORN Youth Union’ Chapters Were Funded by Justice Department, Says GAO (Hat Tip: Jean Stoner)

Biden Promises Kenya ‘Money to Flow’ if Pro-Abort Constitution Passes (Hat Tip: Jean Stoner)

YouCut proposals for week 5 (Hat Tip: Jean Stoner)

Frank and Colleagues (Ron Paul!!!) Scrutinize Military Spending [Shortened Title] (Hat Tip: Jean Stoner)

EDITORIAL: Move over global warming, BP disaster is here–The latest excuse to resume leftist agenda (Hat Tip: Jean Stoner)

Rich Indian Casino Gets $54 Mil In Stimulus Funds (Hat Tip: Jean Stoner)

New Bank Taxes Under Financial Reform Will Raise Borrowing Costs, Hurt Growth (Hat Tip: Jean Stoner)

Gold rises as U.S. dollar falls (Gold closes at record 2nd day in a row) (Hat Tip: Jean Stoner)

The Helpless Titan (Hat Tip: Brian B.)

Russia Kicks Dollar Dominance

Obama’s trip to Ohio cost ‘between $500K and $1 million’; Spoke for just 10 minutes…

Nobel Laureate Paul Krugman : That 30’s Feeling (Why Global Austerity is a Huge Mistake) (Hat Tip: Jean Stoner)

Krugman: This Austerity Craze Is Just Mind-Boggling–It’s As If We WANT The 1930s To Happen Again (Hat Tip: Jean Stoner)

Obama Plans To Sneak Through Carbon Tax By Stealth (Hat Tip: Jean Stoner)

China Signals End to Yuan’s Two-Year Dollar Peg as Its Economy Recovers

People’s Bank of China Statement on Yuan Exchange-Rate Flexibility (Text)

Medvedev Promotes Ruble as World Reserve Currency to Cut Dollar Dominance

Euro Has Biggest Weekly Gain Since May 2009 on European Debt Concern Ease

Toyota Shuts China Plant on Supplier Strike as Honda-Unit Workers Return

Obama Urges G-20 Nations to Continue To Run Massive Budget Deficits

Obama Porkway: Road Built With Stimulus Money to Bear President’s Name

Obama ‘Stimulus’ Visit Stimulates Day Off Without Pay For Workers

Medvedev sees opportunity for new world order

Russia pushes for New Reserve Currency; Meets With China

FLASHBACK: Medvedev Shows Off Sample Coin

As Pay Czar Promises Money, Workers Turned Away From BP Claims Center

Visit: Lost Payday for Construction Workers

Greenspan: USA May Soon Reach Borrowing Limit

$7-a-gallon gas?

SurvivalBlog:

Gold Running in Short Supply

More Than 90 Banks Miss TARP Payments

Gold is an Armageddon Hedge

Uncertainty Restores Glitter to an Old Refuge, Gold

How All Of Us Pay for The Derivatives Market (Caution: There is a bad word in the title…..)

It’s The Ratios, Stupid (Why the US Will Default on its Debt)

Wholesale Prices Fall 0.3 Percent in May

Home Construction Sinks, Building Permits Down

The Snowball Scenario Sinks Sovereigns

World Bank Says China’s Economy Slowing