03/2/10

Links To Visit – 03/02/10

NY Daily News – B’klyn ACORN cleared over giving illegal advice on how to hide money from prostitution (Hat Tip: Brian B.)

The New Editor – Words Fail: ‘Farouk’s on Fire’

The New Editor – Please: Explain to Me Again Your Invaluable Political Viewpoint!

The Anchoress – The US Press Deserves its Darwin

The New Editor – Merging the Old with the New

Bob McCarty Writes – Expert Says Bribery Video ‘Authentic and Unaltered’

Politics Daily – China, Iran Creating ‘No-Go’ Zones to Thwart U.S. Military Power

Foreign Policy – Think Again: China’s Military

The Washington Post – Dubai cracks down on Israelis after killing of Hamas operative

Family Security Matters – Join First-Ever Online Tax Revolt: Let Your Voice be Heard in Washington

WND – Czar: Education to make students ‘revolutionaries’

Chuck Norris – Obama vs. the 10th Amendment

NRO – Going Gangsta? (Hat Tip: Larwyn)

Ace of Spades – Dear Lord, Please Let Us Replace John McCain With J.D. Hayworth (Hat Tip: Larwyn)

Reihl World View – 3rd World Alert: Drug Gangs Take Over US Public Land (Hat Tip: Larwyn)

Doug Ross – In light of Chinese cyber attacks, flashback to 2003, when Microsoft started sharing source code with — wait for it — China’s military (Hat Tip: Larwyn)

The Washington Times – Gun rights lawyer gives hope to liberal causes (Hat Tip: Brian B.)

The New York Times – Relieve the Chairman of His Gavel (Hat Tip: Brian B.)

New York Post – Charlie the coward (Hat Tip: Brian B.)

Newsmax – Obama May Eliminate ‘Thousands’ of Nuclear Warheads (Hat Tip: Brian B.)

Big Government – What Happened to That ACORN Investigation Jerry Brown Promised? (Hat Tip: Brian B.)

Politico – Democrats dig in for last stand

The Radio Patriot – Sometimes it feels like somebody’s watching me…

The Radio Patriot – Marxism, Soros, Huffington and Drew

The Radio Patriot – Watch This Site for A Big Announcement — Coming Soon!

ThirdWaveDave – THANKS, MR. B–IT ALL BEGINS IN SEARCHLIGHT, NEVADA, MARCH 27

ThirdWaveDave – LAS VEGAS “WINS”, DETROIT “PLACES”, ATLANTA “SHOWS”

ABC News – Supreme Court Weighs Chicago’s Strict Gun Ban

CBS2Chicago – Mayor Daley: ‘We have the right for health and safety to pass reasonable laws’

Breitbart – Toyota’s US sales drop 8.7 percent amid mass recalls

AP – Pakistan lays out terror charges for 5 Americans

LA Times – Minority Student Admits to Noose Incident at UC San Diego

FT.com – Five European states back burka ban; Voters support push by Sarkozy

Fox News – Right to Bear Arms Under Heavy Fire

Michelle Malkin – Sen. Bunning and the unemployment benefits debate revisited

Michelle Malkin – More pressure on the Holder/DOJ stone wall: Who are the al Qaeda 7?

Gateway Pundit – HERO REPUBLICAN BUNNING Again Blocks Irresponsible Dem Spending …Update: KY Tea Party Backs Bunning

Gateway Pundit – Senator Bunning’s Offices Receive Bomb Threats

Gateway Pundit – Captured ETA Terrorist Trained With FARC in Venezuela; Supported By Chavez Regime

Gateway Pundit – Blanche Lincoln Files For Re-election… Tea Party Breaks Out (Video)

Gateway Pundit – ACORN District Attorney Lets ACORN Off the Hook For Child Prostitution Tapes

Gateway Pundit – Let the Show Trials Begin… Government Motors Recalls 1.3 Million Cars

Gateway Pundit – White House Official Blames Snowmageddon For Already Miserable Unemployment Rate

Gateway Pundit – Pelosi Gives Herself an “A” For Her Disastrous 2009 Performance (Video)

Gateway Pundit – FBI Called to IRS Building in Ogden, Utah

Gateway Pundit – Revealed: Media’s Phony Tea Party Leader Is a Phony Soldier Too

Gateway Pundit – Chavez Government Helped FARC & ETA Terrorists in Plot to Murder Colombian President

Gateway Pundit – Obama Supporter Warren Buffett Would Scrap Health Care Bill

03/2/10

Is Obama Trying To Bankrupt America?

By: Nancy Morgan
Right Bias

Inquiring minds want to know: Is Obama trying to bankrupt America? One short year ago, asking this this question would have guaranteed my inclusion among the ranks of right-wing nuts and/or conspiracy theorists. Today, it is a serious question being asked by Neal Boortz, Rush Limbaugh and many other leading conservatives. Here’s why.

In the summer of 2008, as John McCain and Barack Obama were campaigning for president, a series of economic events (started by Sen. Schumer) resulted in shifting the focus of the presidential campaign off the Iraq war, and on to the economy. These events ultimately resulted in Barack Obama’s election as President.

June 26, 2008: Democrat Chuck Schumer leaked a memo questioning the solvency of IndyMac bank. This memo precipitated a run on IndyMac which led to its failure. Federal regulators pointedly cited U.S. Sen. Charles Schumer, D-N.Y., in explaining the bank’s failure. “The immediate cause of the closing was a deposit run that began and continued after the public release of a June 26 letter to the OTS and the FDIC from Senator Charles Schumer of New York.”

This event, coupled with the Lehman Brothers collapse in September, marked the beginning of the current economic meltdown and provided the ammunition for massive government intervention in the private market.

July 12, 2008: The federal government takes control of the $32 billion IndyMac Bank. *

Sept. 6, 2008: Fannie Mae begins its downward spiral, which will end with a crash in November. This crash was avoidable, as the problems with Fannie Mae and Freddie Mac were identified in June of 2006, when 15 Republicans on the Senate Banking Committee introduced legislation to address the problem. Democrats, led by Barney Frank, killed the reform efforts.

Sept. 15, 2008: Obama and McCain are virtually tied in their race for the presidency. Out of nowhere, in the space of less than 2 hours, the Federal Reserve noticed a tremendous drawdown of money market accounts in the U.S. to the tune of $550 billion. Rep. Paul Kanjorski of Pennsylvania said that if authorities had not closed the banks, $5.5 trillion would have been withdrawn from US banks, which would have caused the collapse of the US within 24 hours.

This seminal event marked the ascendancy of Obama’s candidacy, and eventually resulted in his election as president.

Its no secret that Obama is a member of the far left. And he has staffed his administration with fellow ideologues. Leftists, like former Green Czar Van Jones, who states he is an “advocate for a socialist utopia.” Who believes that capitalism is “oppression and exploitation.”

People like Ron Bloom, who was appointed to reinvigorate the manufacturing base, who states, “We know the free market is nonsense.”

Any economist can tell you that raising taxes, increasing debt, printing money and unbridled spending is not the way to handle a recession. So either Obama is ignorant of this, or he willfully chooses to ignore the lessons of history. Or he is adopting a strategy outlined by Cloward-Pivens: Overwhelm the system until it fails, and then replace it.

Based on Obama’s actions to date, reasonable people must allow for the possibility that the change Obama promised may include destroying the free market economic system in order to replace it with an economy regulated by government entities.

Spending America into bankruptcy might just be our president’s way of leveling the global playing field – by bringing America to its knees. Based on Obama’s actions, and the actions of his appointees, its time to seriously consider if destroying our economy is Obama’s goal.

*Portions of this article were taken from A Contrived Crisis? Feb. 23, 2009

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

03/2/10

Financial News Update – 03/02/10

Goldman Sachs beats its record for $100m-plus days

The Truth Usually Emerges

Give Me Some More Of That Green Shoot Love Baby! Double Shot of it…!

Morning Bell: “The American Public Is Not Behind This Bill”

Senator Jim Bunning – “I Object”

Reconciliation: A Rarely-Used Procedure with Serious Consequences

White House Faces Tough Fight on Climate Push

Dodd, Corker Near Key Reform Deal

Battle Brews Over Tactic to Win Passage of Health Bill

LONE SENATOR AGAIN BLOCKS MORE SPENDING!

WINTER TO ‘DISTORT’ UNEMPLOYMENT FIGURES

PELOSI CLAIMS: NEW HEALTH BILL ‘MUCH SMALLER’

FORD: DEMS ARE SCARED

AP Source: Obama to add some GOP ideas to plan

Sign of Compromise?

Obama Rolls Out Cash for Caulkers Plan

Deal Near on Wall Street Regulations

Nor Rain, Nor Sleet — Nor Saturday?

Fox Business: GM Sales Up 11.5% Vs. Last Year

SurvivalBlog:

WTO says global trade shrank 12 percent in 2009, biggest collapse since Second World War

Head of IMF Proposes New Reserve Currency – ABC News

American reliance on government at all-time high

Manufacturing Grows in February, Jobs Gauge Rises

January Spending Increases But Income Growth Slows

January Construction Spending Slides

IMF Says New Reserve Currency to Replace Dollar is Possible

Mish Shedlock: Short-Selling Restrictions “A Great Indicator of Imminent Market Crashes”

Temporary Hiring: A Different Kind of Signal

Jobless Benefits Begin Ending on Sunday

03/2/10

CONSERVATIVE LEADER ERIC ERICKSON ENDORSES TARKANIAN OVER LOWDEN IN GOP PRIMARY

National conservative leader calls Lowden’s record “troubling…should give conservatives pause”

For immediate release: March 1, 2010
Contact: [email protected]

Republican U.S. Senate candidate Danny Tarkanian issued the following statement on Erick Erickson’s RedState primary endorsement of his campaign for U.S. Senate, as a prologue to Danny Tarkanian’s “Conservative Call to Arms.”

Stated Erickson: “I’m supporting Danny Tarkanian for the United States Senate in Nevada. He’s a great candidate. His opponent has a troubling record that might make her a Republican, but should give conservatives pause. — Erick”

“When you run for office, all you can do is put your positions forward and hope people notice,” said Tarkanian. “Erick Erickson’s endorsement is very important to me because he is a thoughtful and discerning judge of conservative candidates. We are very grateful for his support. This is a great way to launch my U.S. Senate bid this week.”

Danny Tarkanian will formally file his candidacy this week. Details to be announced shortly.


Paid for and authorized by Tarkanian for Senate
840 South Rancho Drive, Suite 4-614
Las Vegas, NV 89106
[email protected]
www.tark2010.org