Financial News Update – 01/20/10

Democrats ponder health-care reform plans in wake of Massachusetts Senate race

Global slide in ’09 economic freedom holds risks-index

White House, Democratic lawmakers cut deal on deficit commission

China, US earns, data hit stocks as euro slides

The U.S. Isn’t as Free as It Used to Be

Buffett: I Won’t Be Hiring Soon

Top U.K. Economist Dumas: Euro Will Collapse

Euro May Fall Into Greece’s Black Hole

Pimco’s El-Erian: Financial Markets Ignoring Reality

Morning Bell: Americans Call for Change As U.S. Becomes Less Economically Free

The U.S. Isn’t as Free as It Used to Be

What Now on ObamaCare?

Obama to Senate: Don’t ‘Jam’ Through Health Care Until Brown Seated

Reid: We’ll wait on Brown for vote

Politico: Dazed Dems rethink entire strategy

Obama to Nationalize $103 Billion Student Loan Industry

Obama sticks to agenda

NEW REPUBLIC: Forget Massachusetts. Obama’s problem is nationwide

Hong Kong remains ‘world’s freest economy’

France prepares fresh carbon tax plans

Iran in billion-euro gas deal with Germany

2009 Airline Revenue: Worst Plunge Ever

NY Gov.’s New Budget Consists Of $1 Billion In New Taxes

Chrysler May Merge With Italy’s Lancia in 2010


Richard Maybury and Jim Powell discussing the possibility of a double dip depression and civil unrest in the United States.

Country homes get an appetite for business

Is the US Economy Being Tanked by Mistake or Intent?

Illinois enters a state of insolvency

Martin Weiss: 200 Bank Failures Expected in 2010

European Markets Lifted by Corporate Deal Hopes

IMF Chief: Global Recovery Stronger than Expected

Recession Takes Toll on University President Pay

Oil Stays Near $78 on Demand Doubts, Weaker Dollar

2010-2020 Towards a Knockout Victory by Gold Over the Dollar

Société Générale Ordered to Stop Derivatives Trade tn India

Congress Makes Job Creation Top Priority in 2010

Foreclosures Weigh on Home Appraisals

Euro Rupture as Greek Crisis Escalates


Color Me Happy

By: Nancy Morgan
Right Bias

I’m smiling. A grin that just won’t quit is plastered on my face because of the stunning upset last night when a, gasp, Republican won the bluest of all Senate seats, thus throwing sand in the gears of the Obama machine’s march towards socialism.

Republican Scott Brown whipping the pants off Coakley last night is cause for rejoice. As is the delicious schadenfreude of seeing the left in disarray, pointing fingers and laying blame for the historic repudiation of leftists, Obama and everything they have been trying to force down our throats for the last year. It appears America may survive Obama after all. And what doesn’t kill you makes you stronger.

As Rush Limbaugh noted, many Democrats are headed for the tall grass. If a vote was held today on Obama’s health care bill, at least 5 formerly sure votes wouldn’t materialize. Last night’s wake-up call has the ‘less elite’ Democrats being brought face to face with the stark reality that they are accountable to ‘we the people’ instead of the Obama machine. And a vote for Obama could very well mean they will be enjoying their lucrative pensions much sooner than they thought.

Scott Brown’s historic upset doesn’t mean America is home free. I predict the Democrat leadership will continue ignoring the will of the American people and probably enact an unconstitutional health care bill. And I expect they will also continue taxing us to death as they redistribute our wealth to their union buddies and politically connected rent seekers. The good news is, the American people have shown that they will not stand for it.

Nancy, Harry and other political ‘elites’ have a terminal case of inside the beltway syndrome- also known as cognitive dissonance. They have bought into their own version of reality. A reality that doesn’t allow for the possibility that their own narrow world view isn’t the universally accepted view they believe it is. And any version that doesn’t comport with theirs is, well, invalid. And one election in Massachusetts isn’t going to change their minds.

Case in point: Noticeably absent from all talking points today, is any serious discussion by leftists of the fact that this election was a referendum on Obama. A stunning rebuke. A warning bell that Americans don’t want what he is selling.

Leftists, instead of learning from their mistakes, will continue doing what they do so well. They will ignore unpleasant realities in hopes they will go away. If that doesn’t work, they will re-define them, spin them, repackage them and trot out a new improved version of the same old same old. But their tactics are wearing thin, as is Obama’s charisma and ability to influence. As is the old media’s ability to control the discussion.

I know what Obama and crew still don’t know. That the American people have finally seen the light and they don’t like it one bit. And they are not going to sit back and let Obama turn this country into another failed socialist state. The people have spoken, but the Democrats still have waxy yellow build-up.

The left will continue their path towards assisted suicide due to their complete inability to allow for the possibility that the American people know better than than political elites what is best for America. And when Demoicrats are thoroughly repudiated again in the next election cycle, they’ll continue to blame Bush or race or sexism. They will not change. And they will lose again.

I must admit to a certain satisfaction in the fact that one of my truisms is coming true. I’ve always said ‘Give the left enough rope and they’ll end up hanging themselves.’ Nice to know some things never change.

Nancy Morgan is a columnist and news editor for RightBias.com
She lives in South Carolina


Gov. Sarah Palin to Join Rep. Michele Bachmann on the Campaign Trail

For Immediate Release
Wednesday, January 20, 2010

Contact: Dave Dziok – [email protected]

Governor Palin to Join Representative Bachmann on the Campaign Trail

U.S. Representative Michele Bachmann (MN-06) announced today that former Alaska Governor Sarah Palin will come to Minnesota to assist Bachmann’s re-election campaign on April 7, 2010.

“There is absolutely no one more in tune with the hearts and minds of everyday Americans than Governor Palin, and I’m excited to welcome her back to our beautiful state this spring,” Bachmann said.

Both Governor Palin and Congresswoman Bachmann are well-known and respected conservative leaders whose bold and unwavering stances in defending the U.S. Constitution and commonsense approaches to issues like health care, taxes and government bailouts have attracted millions to their message.

“It didn’t take the American people long to see through the extreme liberal agenda of President Obama and his Democratic allies in Congress,” Bachmann said. “We saw American’s frustration start in the form of tea party protests in states from coast to coast. It continued with the health care town halls throughout last summer. But we saw it come into full focus yesterday in conservative Scott Brown’s victory in Massachusetts, taking back a Senate seat that was held by Democratic Senator Ted Kennedy for decades. The American people have spoken, and the momentum is clearly at the backs of conservatives heading into the 2010 elections.”

Details about Governor Palin’s visit will be released as they become available. In the coming weeks, please visit www.michelebachmann.com for more information.


Poll Shows Strength of Tea Party in Massachusetts

CONTACT: Levi Russell at (509) 979-6615 or [email protected]

Poll Shows Strength of Tea Party Movement in Mass. Special Election

40% of State’s Voters Hold Favorable View of Tea Party Effort

A poll out on Election Night by Rasmussen Reports surveyed Massachusetts voters about their perceptions on various issues, including the tea party movement.

“Massachusetts Voters Split on Tea Party Movement” was the headline, with 40% of voters viewing the tea party movement favorably, and 41% viewing it unfavorably.

Tea Party activist, Amy Kremer, who serves as Director, Grassroots & Coalitions, for the Tea Party Express made these comments tonight in response to the Rasmussen Reports poll:

“These numbers are amazing. In Massachusetts, one of the bluest of blue states, 40% of voters view the anti-tax, anti-government spending, greater personal liberty tea party movement favorably.

“This is an effort that began less than one year ago, and yet the awareness and support for the tea party movement has reached a sizable chunk of voters in Massachusetts.

“We saw the first hints of the power of this grassroots uprising in the NY-23 Special Election, where conservatives rose up and forced the GOP to drop their support for the liberal DeDe Scozzafava. On that same day voters in New Jersey and Virginia also delivered a shockwave to the political system.

“And now, a great victory has been won in Massachusetts.

“Many different groups involved in the tea party movement contributed to Scott Brown’s victory in a number of ways, and each brought their own strengths to the table. The totality of this effort was a massive surge in fundraising for Brown, volunteers for Brown, and hundreds of thousands of phone calls made in support of Brown and the Get-Out-The-Vote effort.

“Some of the tea party movement’s critics have repeatedly sought to undermine this movement by sensationalizing the occassional personality clash or difference in tactics by one group or another. But in the end principles drive this movement and the passions of tea party activists brought them together in common cause once again.

“To those who oppose this movement and who think that we in the tea party movement are going away, or that we won’t work together, you are wrong. Too much is at stake, and tonight’s victory in Massachusetts is just the start of things to come.”

Amy Kremer, Director, Grassroots & Coalitions – Tea Party Express

To obtain more information about the “Tea Party Express” or to schedule an interview with a representative from the effort please contact Levi Russell at (509) 979-6615 or via email at: [email protected]


Tea Party Express Congratulates Scott Brown

CONTACT: Levi Russell at (509) 979-6615 or [email protected]

Congratulations, Senator Brown!

Tea Party Express Issues Statement on Election

“We at the Tea Party Express congratulate Senator Scott Brown on his fantastic victory tonight.

“We also wish to thank the voters of Massachusetts for sending a message to the politicians in Washington, D.C. that what they’re doing now isn’t working.

“To Barack Obama, Nancy Pelosi and Harry Reid: We here at the Tea Party Express want you to know that this is just the start. We’ll see you and the candidates you back on the campaign trail.”

To obtain more information about the “Tea Party Express” or to schedule an interview with a representative from the tour please contact Levi Russell at (509) 979-6615 or via email at: [email protected]


America’s Most Forgotten – School Bus Tragedy Ends in Death At The Hands Of Illegal Alien Driver

By: Carolyn Cooke
Family Security Matters

Many elected officials in the United States government are proponents of amnesty for illegal immigrants. They would like American citizens to believe that the foreign nationals crossing our borders are “poor dears” simply trying to make a better life for themselves and their families. Americans must remember: the individuals crossing our sovereign borders in violation of United States law are fully aware of their actions. It is more likely the case that these individuals, whose first action is an affront to American civil society, may engage in criminal activity once in the country. Americans have no way of knowing. Our government refuses to secure the border and enforce the immigration laws of the United States that would prevent and reverse the invasion of unidentified foreign nationals into America.

Let us look at the murder of innocents at the hands of illegal alien Olga Marina Franco Del Cid, a.k.a. Alianiss Nunez-Morales, from Guatemala.

On a cold winter afternoon in southwestern Minnesota, a school bus full of children from the small town of Cottonwood were chatting, teasing one another, laughing, enjoying the ride home at the end of the day. The school they attended was Lakeview, with 585 students, K-12. Without warning, a van driven by illegal alien Olga Franco ran a stop sign and broadsided the bus. The bus driver said “he did not have time to hit the brakes or accelerate.” The force of the collision toppled the school bus onto a pickup truck.

The driver of the pick up truck would later describe how he saw “a maroon van run a stop sign, it blew over the railroad tracks and hit the bus, sending it into me…”

On the afternoon of February 19, 2008, the parents of the 28 students gathered at Lakeview School to learn the fate of their children. Three students were killed instantly and one died at 8 p.m. that night. Two of the dead were brothers, 13-year-old Jesse and 9-year-old Hunter Javens. One was the daughter of a physical education teacher at Lakeview, 9-year-old Emilee Olson. Another was the son of a former Lakeview teacher, Reed Stevens, 12 years old. At least 14 other students along with the driver of the pick up truck were injured. Two children were in critical condition. Many of the children were treated for back and neck injuries, lacerations, bumps and bruises, a spokesman from Avera Marshall Regional Medical Center told the public.

A witness at the scene, Karen Mahlum, recounted the chaos. She witnessed the tragic accident and stopped to help. The bus driver handed children down to her from the vehicle’s escape hatch in the roof. Talking to Mark Steil of Minnesota Public Radio, she said, “Some of them had blood on them. A lot of them were crying that their head hurt, their arms; they were crying they wanted their mommies and daddies. They had a sister or brother on the bus that they wanted to get off the bus. A lot of real emotional stuff.” Another motorist who stopped to help remembers the “screaming and screaming” of the terrified children on the bus.

Emergency responders to the scene were helping children they knew and some were rescuing their own children.

It was unimaginable heartache for the children, their families and the small community. A life-long resident of Cottonwood summed up the feelings of many: “It will take a long time to recover from this. Oh heavens, there’s no time limit on that. It’ll be forever. It’ll never be the same.”

Emilee Olsen

Emilee Olsen was adopted from China by Charles and Traci Olsen when she was 10 months old. Emilee’s aunt, Terri Hutchinson, said it was love at first sight for the Olsen’s. Traci Olsen said she now relives the tragedy of her loss every day. “We say good night and good morning to an empty bed,” she said at the sentencing hearing of Franco. The talented little girl with a constant smile on her face who “lit up a room” was memorialized at a funeral gathering of more than one thousand mourners.

Emilee’s brothers were on the bus that cold, blustery day. Riley, six years old, was sore but fine. Sidnee, 11 years old, heard his brother crying and scrambled to find him despite having a lacerated cornea from glass embedded in his head and a broken hand, reported Ms. Hutchinson. Sidnee could not find his sister.

Hunter Javens

Jesse Javens

The Javens brothers were remembered at a joint funeral held at Lakewood School on the Monday after the accident. Hunter’s casket followed his brother Jesse’s into the school gymnasium, packed with some 1,400 mourners. Hunter had a twin sister, Sasha, who turned 10 years old on the day of his memorial service. The crowd sang Happy Birthday to Sasha and she received a gift for Hunter.

The Rev. Gloria Anderson spoke of the lives the boys. Jesse loved sports, playing baseball, football and basketball. Hunter loved animals He had a horse named Toby.

Rev. Anderson said, “…the boys wanted us to remember them with a smile. They wanted us to remember the happy memories.”

Sobs broke through prayers.

Reed Stevens

Reed Stevens’ mother Kandi issued a statement describing Reed as “a young man who loved God, his country and his family. And he also loved his football family. We know he is with the Lord.” Reed’s two siblings were on the bus as well. His brother was injured and remained hospitalized in Sioux Falls with his family at his bedside. His sister had minor injuries.

Olga Franco was found guilty of driving the van that killed the four students. She told officers that she stopped at the stop sign and then the bus hit her. She maintained that her boyfriend was driving the van but she was extricated from behind the steering wheel. “There really in my mind is no explanation for how a person would get pinned in there, other than the fact she was driving,” said prosecutor Rick Maes. Because of the press and the closeness of the community, the defense was granted a change of venue for Franco’s trial.

Franco, a.k.a. Morales, was ticketed for driving without a license in 2006 and paid a fine of $182. Sandra Keding described what happened. “I stood up from the couch and looked out my window and this car was coming right toward my house,” she said. “The car hit the curb, came right up in my yard and stopped about 12 feet from the front of my house.” The story ended with Franco going free on the streets of Minnesota, instead of being deported, to kill four children.

Jurors found her guilty of four counts of vehicular manslaughter and twenty other charges related to the collision. Franco also faces a federal charge of identity theft. She presented the police at the scene of the crime with a false name, saying she was from Mexico, and a stolen social security card from Puerto Rico.

At the sentencing hearing, Kandi Stevens told the court, “Essentially, our entire family was killed that day.”

Olga Franco was sentenced to 12 and a half years in the Minnesota Correctional Facility in Shakopee.

Americans should not have to live in fear in their own neighborhoods.
Enforcement legislation, passed by a few states, has led illegal aliens to leave because the magnets of jobs and taxpayer benefits have been removed. This is a dirty little secret that elected officials in Washington on both sides of the aisle do not want you to know.

Are you concerned about this epidemic of death at the hands of illegal aliens? Tell your elected officials what you think.

Contact the White House
Comments: 202.456.111
Switchboard: 202.456.1414
FAX: 202.456.2461
Webmail: http://www.whitehouse.gov/contact/

Click here for United States Senate contact information.

Click here for the United States House of Representatives contact information.


Links To Visit – 01/20/10

Brutally Honest – Virginia shootings near known Muslim camp (UPDATED)

Brutally Honest – REPUDIATION!

Sarah Palin’s Notes – Ride the Tide with Commonsense Candidates! (Hat Tip: Brian B.)

Rasmussen Reports – First Look At Massachusetts Election Night Poll Data (Hat Tip: Kim Priestap)

WBZ – Galvin Dismisses Voter Fraud Reports (Hat Tip: Kim Priestap)

KansasCity.com – Mass. secretary of state dismissed vote problems (Hat Tip: Kim Priestap)

Yahoo! News – Japan Airlines files for bankruptcy protection (Hat Tip: Brian B.)

Logistics Monster – ‘Contract With America’ 2.0? (Hat Tip: Brian B.)

The New Editor – Forget ‘Christianist’ or ‘Nihilist’ … How About ‘Fingerist’?

Fox News – Florida Attorney General Threatens Lawsuit Against Health Care Mandate (Hat Tip: Brian B.)

Big Governement – GW Bush: Rock Solid Under Fire

Feed Your ADHD – Brown Wins Massachusetts; Now, Republicans, Don’t Screw This Up … Again

Christian News Wire – Richard Viguerie: Massachusetts Senate Vote is a Victory for New Conservative Leaders; Big Government Republicans Should Not Take Comfort — They Will be Next (Hat Tip: Brian B.)

The Anchoress – Brown’s Win and Obama’s Iraq

Lorie Byrd – Wizbang – Barney Frank Sees Brown Win as Reason to Change Course on Health Care

stltoday.com – Missouri lawmakers approve resolution against federal healthcare overhaul (Hat Tip: Brian B.)

The Radio Patriot – Gas up the truck!

Fox News – America Betrayed President Bush (Hat Tip: The Anchoress)

Riehl World View – NRSC Pwned: Screencap (Hat Tip: Lorie Byrd)

Atlas Shrugs – 41st!

Atlas Shrugs – The End of the Kennedy Era: The King is dead, Long Live America


Atlas Shrugs – The Scott Heard Round the World

Jerusalem University Online – Israel: Making a Difference in Haiti (Hat Tip: Shoshana)

The New Editor – Austin Public Radio: MA Senatorial Election “Closer than Expected”

BlackFive – Rubicon Rescue – Mission Haiti – Part 17 – Useless

The New Editor – The Obama Brain Trust Lists Its Domestic Priorities…

The New Editor – A Fingerist Observes a Mental Nimblist

Bookworm Room – Why Scott Brown’s election is so inordinately important

CNS News – Obama to Nationalize Student Lending with Pending Budget Bill (Hat Tip: Brian B.)

Canada Free Press – Massachusetts Win: Obama Vows Retaliation Against American People (Hat Tip: Brian B.)

New York Post – Bam, wake up & smell the disaster (Hat Tip: Brian B.)

American Thinker – A One-Step Program for Better Airline Security (Hat Tip: Friends of Mark Fuhrman)

Gateway Pundit – Voters-Be-Damned… Obama Plows Ahead With Radical Agenda- Will Nationalize Student Loan Industry

Gateway Pundit – Obama’s TSA Nutjob Who Said Pro-Life Advocates Are Terrorists Withdraws

Gateway Pundit – Dr. Seuss on Scott Brown’s Big Win: Boom Boom Boom… Mr. Brown Makes Thunder

Michelle Malkin – The Democrats’ Massachusetts meltdown

Michelle Malkin – Seeing red: Graphic of the night — and a cautionary note for the GOP

Michelle Malkin – Massachusetts Miracle: Election night liveblog; Update: BROWN WINS, COAKLEY CONCEDES; Brown victory speech cheers: “41!41!41!”

SFGate – Dems’ loss clouds Pelosi’s future


Time For Kids – MAG: Even kids starting to turn on Obama

Google – Iran to unveil three new satellites

Fox News – Virginia Massacre Suspect Surrenders

Fox News – Laptop With Explosives Sparks Munich Airport Scare

Bob McCarty Writes – Top 10 Headlines Obama Doesn’t Want to Read