Daily Archives: September 8, 2010
Party Of No
Hat Tip: Brian B.
The Forgotten Man – Jon McNaughton
What has President Obama done? Visit: http://www.mcnaughtonart.com
Against the background of a darkening sky, all of the past Presidents of the United States gather before the White House, as if to commemorate some great event. In the left hand corner of the painting sits a man. That man, with his head bowed appears distraught and hopeless as he contemplates his future. Some of the past Presidents try to console him while looking in the direction of the modern Presidents as if to say, “What have you done?” Many of these modern Presidents, seemingly oblivious to anything other than themselves, appear to be congratulating each other on their great accomplishments. In front of the man, paper trash is blowing in the wind. Crumpled dollar bills, legislative documents, and, like a whisper—the U.S. Constitution beneath the foot of Barack Obama.
Financial News Update – 09/08/10
Finally, People Are Calling For A REAL Housing-Market Fix: Letting Prices Fall
Ireland Is Failing To Rebuke Claims That It’s Completely Insolvent
Bonds Spreads In Greece And Ireland Blowing Out Amid Raft Of Bad Headlines
Rosenberg: Here Are 13 Signs That We’re Actually In A Depression Right Now
CHART OF THE DAY: Check Out The Sheer Panic Surrounding Anglo Irish Bank Today
The Flypaper Economy Strikes Again
Despite Last Week’s Rally, The Market Is Still Tracking Japan
Departed Obama Aide Now Says Ending Bush Tax Cuts Will Make Unemployment WORSE
Home Equity Lines Of Credit: The Next Looming Disaster?
Despite Austerity, Romania, Serbia, And Hungary All Have Failed Bond Auctions
DOE giving $575 million in carbon capture grants (Hat Tip: Nancy Jacques)
Harry Reid: “I had nothing to do with” bad economy (Hat Tip: Brian B.)
U.S. Government Loaned Mexican Government More Than $1 Billion to Drill Oil in Gulf of Mexico Last Year; Has $1 Billion More Planned For This Year (Hat Tip: Jean Stoner)
Obama Administration Begins the “Grab” for Private Retirement Accounts (Hat Tip: The Radio Patriot)
Big Business Breeds Failure in New Jersey
Union Boss on Obamacare: ‘We Drove It Down the Republicans’ Throats’ (Hat Tip: Brian B.)
Why the economy won’t fly (Hat Tip: Jean Stoner)
Wheat prices push food costs to 13-month high (Hat Tip: Jean Stoner)
TIPS on Expected Inflation: A Unique Dividends Buying Opportunity (Hat Tip: Jean Stoner)
Uncertain Business Climate Is Hobbling Employment, Conservative Governor Says (Hat Tip: Jean Stoner)
Obama’s latest job-bolstering proposal fails to dazzle (Hat Tip: Jean Stoner)
The Muni Bond Crisis Is Officially Here: Harrisburg Drops $3.3 Million in Muni Payments (Hat Tip: Jean Stoner)
One quarter of Lockheed executives take buyout offer
Obama to unveil more stimulus, tax breaks for business
White House Aide Contradicts Obama on Stimulus II
11 Signs That “Recovery Summer” Will Be Obama’s “Mission Accomplished”
Manpower: Sorry, There Won’t Be A Hiring Surge In The Fourth Quarter
Chinese Government Predicts Plummeting Exports Ahead
Chinese Government Orders Mandatory Blackouts
Clueless Capitol: Dem Whip Says Top 10 Lawmakers Had No Idea Financial Crisis Was Coming
Obama Heads to Ohio Pitching New Economic Plan
Taxpayers Still Paying for Demolished Stadiums
Former Obama Budget Advisor Blasts Plan to Let Bush Tax Cuts Expire
Unions May Push ‘Card Check’ During Lame Duck Session
Gibbs: The Poor Economy Doesn’t Hurt Rich People
John Boehner Proposes Trillion Dollar Spending Cut; Cut Dem Spending Back to 2008 Levels (Video)
Democrats Force Last US Light Bulb Plant to Close Shop
A Reminder of What Union Leaders Feel About Our Political System
Robert Gibbs: Obama’s Latest $50 Billion Stimulus Is Not a $50 Billion Stimulus
The Mother of All Big Dig Boondoggles
Go ahead, Henry Waxman: Launch another Obamacare witch hunt
The Barack Obama Experience — Taxes: Bold as Love
George Soros showers $100 million on Human Rights Watch
Al Sharpton: Race charlatan, financial charlatan
Obama sinkhole recipe: Hey, let’s create a new, government-run infrastructure bank!
Fed Banks: `Widespread Signs of a Deceleration’ in Economy
Paulson’s Biggest Hedge Fund Said to Lose 11 Percent This Year
NYT: Obama Will Not Extend Bush-Era Tax Cuts to Wealthy
Boehner Calls for 2-Year Freeze on All Tax Rates
In Bid to Sell Economic Plan, Obama Gets Personal
Germans, and a Wave of Swiss Bank Accounts, are Piling into Gold as if it’s a New Crisis
US Fed Gains Power, Loses Credibility?
More than 400 US Banks Will Fail: Roubini
TIME: Rising Unemployment Rate Is Good News
Seven Steps to Becoming a One-Income Family
Despite Hiring, US Unemployment Rate Seems Frozen
Stocks Extend September Rally After Jobs Report
Heavy in Dollars, China Warns of Depreciation
Lehman Brothers Rescue Would Have Been Unlawful, Says Bernanke
Matterhorn Asset Management Sets Three Gold Price Targets: $6,000, $7,000 and $10,000
DC Faces Possible Armageddon Unlike Anything Since the Civil War
Ambrose Evans-Pritchard: Dangerous Defeatism Taking Hold of Among America’s Economic Elites
Red Maxine Waters
By: Trevor Loudon
New Zeal

Maxine Waters is a far left Democratic member of the U.S. House of Representatives, representing the 35th district of California.
In the news recently over allegations of corruption concerning Maxine Waters, if the media was doing its job, she should be equally well known for her socialist connections.
Waters has consistently attempted to present herself as a mainstream politician. However, the facts tell a different story.
In May 1992, Waters put her name to a supplement in the Communist Party‘s newspaper, the People’s Weekly World which called for readers to “support our continuing struggle for justice and dignity.” Virtually all other signatories were known Communist Party members or supporters.
In October, later that year, she was the keynote speaker at a Coalition of Black Trade Unionists meeting in St. Louis, Missouri. The Coalition began as a Communist Party front.
In June 1996, the Communist Party’s People’s Weekly World held a tribute event for Southern California labor unionists Jerry Acosta and Gil Cedillo. Presentations to the honorees were made on behalf of Maxine Waters and (now U.S. Secretary of labor), Hilda Solis, by their staffers who were present at the event.
In 1997, Waters put her name to a “Jobs Bill” which had been originally introduced to Congress at the request of over 50 prominent labor leaders – many of whom were known members or supporters of the Communist Party.
Waters has been a member of the Democratic Socialists of America-linked Congressional Progressive Caucus from as early as 1998, up until present day. Her mid-1990s press secretary and speech-writer, Patrick Lacefield, was a former National Director of the D.S.A.
Waters also serves on the Advisory Board for Progressive Democrats of America, an activist network within the Democratic Party, which is led by several D.S.A. connected activists, including National Director Tim Carpenter.
In May 2008, Waters made an embarrassing tongue-slip during her televised questioning of a Shell Oil Executive. She queried, “…And guess what this liberal will be all about? This liberal will be all about socializing, uh, umm – will be about, basically, taking over, and the Government running all of your companies.” The video of this incident can be viewed here.
If Maxine Waters is found guilty of ethics violations, it will be one more example of the corruption/socialism connection, now so common in the U.S. Congress.
America At Risk: The War With No Name
Hat Tip: Gateway Pundit
Radical Indonesian Muslims Threaten Global Jihad if Koran Is Burned in Florida
America At Risk: The War With No Name (Official Video Trailer)
Muslim Congressman Keith Ellison: GZ Mosque Opponents Are “Proponents Of Religious Bigotry”
White House: Victory Mosque at Ground Zero Is Pro-American… Burning Koran Is Un-American