By: AJ

In President Obama’s Labor Day speech he claimed that under President Bush, “Companies were rewarded with tax breaks for creating jobs overseas.” Oh really? Facts are inconvenient things… let’s take a look at who is doing more to “stimulate” other countries…

USAID for international/foreign assistance totals $173.5 BILLION, spent by President Obama and his Democrat-controlled Congress. The breakdown is as follows:

  • FY2010 = $90.6 BILLION (60% increase since FY 2008)
  • FY2009 = $82.9 BILLION (47% increase since FY 2008)

What did President Bush spend in FY2008? $56.5 BILLION. How about FY2006? $49.7 BILLION.

The $173.5 BILLION does not include funds that went to other countries via the $862 BILLION stimulus bill or many other “projects” the President and Democrats are financing overseas to create jobs in those countries.

In 20 months, President Obama has added $3.5 TRILLION to our national debt; it took Bush 8 years and 2 wars to add $4.2 TRILLION. Unemployment is at 9.6%; it was 7.4% when President Obama took office.

So rather than create an environment conducive to job creation in America, the President and Democrats are sending a record-breaking amount of our hard-earned tax dollars overseas to stimulate job creation there.

INSULT TO INJURY: Just when we thought it couldn’t get worse, it did. The President and Democrats are giving American jobs – right here in the U.S.A. – to foreign and illegal workers.

Roy Beck’s article, “DEFENDERS & DESERTERS of JOBLESS AMERICANS: We name the ’50 Worst Deserters’ Today,” spells it out for us and names names.

“During the last two years of a virtual jobs depression, these Worst 50 led Congress:

  • …in allowing the addition of another 75,000 permanent working-age immigrants every MONTH
  • …and in allowing about 7 million illegal foreign workers to keep their jobs in construction, service, manufacturing and transportation.

Recent government data show that 22 million U.S. workers who want a job can’t find one. But these 50 Members of Congress deserted those Americans in favor of increasing the number of foreign workers competing with them in the hiring line.

Here are the “50 WORST;” not surprising that Nancy Pelosi (D-CA) and Harry Reid (D-NV) are on the list:

In the Senate

In the House

Is there a brave journalist who will ask the President and the Democratic Party, “Since your actions show that you are not on the side of the American people, exactly whose side are you on?” Another burning question, “Did those work visa’s come with voter registration cards?”


Fiscal Year 2010 Congressional Budget Justification for Foreign Operations

USAID 2008


Financial News Update – 09/06/10

Morning Bell: Labor Day Has Become Government Day

EU Treasury Overkill?

Failure of the Famine Meme

UPDATE 3-Obama to propose permanent research tax credit (Hat Tip: Jean Stoner)

$700 billion stimulus, nope, more like $12.8 trillion. (Hat Tip: Jean Stoner)

Official: Obama backing research tax credits (Hat Tip: Jean Stoner)

U.S. housing value down at least $4 trillion (Hat Tip: Jean Stoner)

Roubini: The Economy Is So Weak Now That Any Shock Will Cause A Double-Dip (Hat Tip: Jean Stoner)

Want To Make A Lot Of Money As A CEO? Fire People (Hat Tip: Jean Stoner)

Robert Reich: Stimulate Economy With 90% Tax On Top Earners (Hat Tip: Brian B.)

Hassle in Haight over McDonald’s menu change (Hat Tip: Bookworm Room)

Rogoff: Bernanke Should Shoot for More Inflation

It’s Alive!… Obama Wants Another $50 Billion Road Stimulus to Save Ailing Economy (Hat Tip: Larwyn)

Labor Day Cartoon – ‘Ism’ and some Stats about Labor (Hat Tip: Larwyn)

Happy Big Government day? (Hat Tip: Larwyn)

Graph of the Day for September 6, 2010 (Hat Tip: Larwyn)

Democrat secret weapon: The unemployed (Hat Tip: Larwyn)

Credit Card ‘Reform’ Will Force All Credit Purchases to Exceed $10 (Hat Tip: Larwyn)


Agri-Food Price Index Makes New High! (Hat Tip: Jean Stoner)

Thinking Outside the Stocks (Hat Tip: Jean Stoner)

Quantitative Easing QE2, Debt Created Out of Thin Air, Banking Crisis Worsens (Hat Tip: Jean Stoner)

Dangerous Defeatism is taking hold among America’s economic elites (Hat Tip: Jean Stoner)

More than 400 US Banks Will Fail: Roubini (Hat Tip: Jean Stoner)

Where do credit card fees come from? (Hat Tip: Jean Stoner)

Small businesses feel squeezed by Obama policies (Hat Tip: Jean Stoner)

GE, Westinghouse Electric to Build Nuclear Plants in India (FE) (Hat Tip: Jean Stoner)

Roundtable: Economic Uncertainty (Hat Tip: Brian B.)

AFL-CIO President: Obama Has Created More Jobs Than Bush

Obama Panders to Union Thugs on Labor Day And Whines A Bit, Too

Figures. Obama Administration Bashes Arizona; Defends Card Check & Delcares Union Organizing a Human Right in UNHRC Report

Working with Unions

Granholm to Obama Pre-Auto Bailout: I Hope You Know What You’re Doing

Greece Default Risk Is `Substantial,’ Pimco’s Bosomworth Says

Investors Vulnerable to Bond Losses on Duration at Record: Credit Markets

French Unions to Strike as Sarkozy Pension Bill Debate Starts


Many Democrats wary of WH’s huge new spending plan

Fears rise as EU nations aim to raise borrowing

Obama Takes Aim at Economic Woes — and GOP Foes


Warning Global Fiat Currency Financial System Collapse By Early 2011

The true cost of the bank bailout

Five Doomsday Scenarios for the U.S. Economy

Should US government debt be rated junk?

Use of rare earth metals outstripping supply

Low Interest Rates Squeezing Pension Funds

Obama Economic Advisor: Turnaround Insufficient

Warning Global Fiat Currency Financial System Collapse By Early 2011

Depression Next Down Leg Unfolding, The Financial and Economic Crisis No Spin Zone

How to Own Physical and Paper Gold as Trend Continues Towards $1,500

Dr. Gary North: Conservatives are Semi-Communists

Gold at $1,250, Silver Nears $20

Mainstream Media Depression and Deflation Propaganda

Inflation Mega-Trend Long-Term Growth Spiral Continues to Drive Stock Market Trend

The Economic Insane Asylum

Venezuela introduces Cuba-like food card.

Inflation Watch – 09/07/10

United States faces hyperinflation along with massive recession – the runaway prices of food, energy, softs, and metals accompanied with endless job losses (Gee, why aren’t similar warnings being published by the American mainstream media? )

Government Economic Leaders Surprised that Real World Isn’t Responding to their Magic Pixie Dust

US Departments of Labor and Treasury Schedule Hearing on Confiscation of Private Retirement Accounts.

Dagong sounds the gong on U.S. debt; China’s credit rater downgrades America’s economic future.

This year, US public debt could reach end game.

Service Sector Grows at Slower Pace in August

Watch Those Gas Pumps; Prices Expected to Fall

FDIC Holding Banking System By a Thread

Dizzy and Confused? Hunker Down!

Deflation Delusion Continues As Economies Trend Towards High Inflation

Inflation Watch – 09/07/10

UN calls meeting on food price concerns

How Hyperinflationary Hell–And Commodity Heaven–Will Happen Before the End of 2011


Islam Rising

Hat Tip: Brian B./Jean Stoner

ClockWorxOrange | March 18, 2010

The trailer to the new documentary from PRB Films.

Geert Wilders lives with a constant death threat over his head. Al-Qaeda has vowed to kill him. As a Dutch parliamentarian and outspoken critic of radical Islam, Mr. Wilders must travel with four bodyguards and sleep in a safe house, each and every night.

His short documentary film, Fitna set off a firestorm in the Middle East and Western Europe immediately upon its release. The controversial film showed how Islamic terrorists are following the literal dictations of the Quran.

That message can be seen here in this DVD, with striking clarity in film, photographs and a special message from Geert Wilders himself, who came to America with an urgent and terrifying warning: “Islam is on the verge of conquering the West.”

Order the Video at: www.IslamRising.com

The Slum Lord Millionaire: Imam Feisal Abdul Rauf

Mosque at Ground Zero… Freedom of Religion or Spoils of War?

Mosque building owners nixed $18M offer before taking $4.8M one

Geller: “Truth is the New Hate Speech”
Muslim Brotherhood Islamic Supremacists Seek to Criminalize Free Speech


$1,000 Bounty: Iran Pays Taliban to Kill U.S. Troops

Islamist threat to Germany is growing say police

Muslim Non-Assimilation


Donating to Rebuild Christchurch

By: Trevor Loudon
New Zeal

So many of you have been emailing, Tweeting and sending messages on Facebook, asking if there’s any way you can help in the aftermath of the devastating earthquake which took place here in Christchurch at 4:30 am on September 4, 2010.

The Salvation Army, the Red Cross and the City Mission are doing so much to help, with setting up and running the three welfare centers around Christchurch. People evacuated from their homes now have a wonderful support network, warm clothes, food, clean water, power and shelter.

Those of you wishing to contribute to the Red Cross Earthquake Fund, please click here and choose “Canterbury Earthquake Appeal.” Thankyou!