Feeds:
Posts
Comments

Archive for October 28th, 2010

When speaking with a young Armenian-American, Vice President Joe Biden claimed: “Tell them that it was the Armenian President that called me and said “Look, do not force this issue now while we are in negotiations. We passed. That’s passed right now, so anyway, reality has a way of intruding.”

The comment has caused an uproar in Armenia. The President of Armenia has flatly denied he ever made this statement to the Vice President and has asked the White House to release the phone records.

Now, the Vice President must either admit he was lying on the video, or he must say that our ally, the President of Armenia, is lying. Remember when the Obama Administration was going to elevate America’s standing in the world?

H/T to Breitbart.tv

Read Full Post »

Read Full Post »

$200 trillion is a scary number to wrap your mind around. Ludwig von Mises was correct. Those that practice socialism eventually bankrupt themselves.

From TheDailyBell.com:

The scary real U.S. government debt … Boston University economist Laurence Kotlikoff says U.S. government debt is not $13.5-trillion (U.S.), which is 60 percent of current gross domestic product, as global investors and American taxpayers think, but rather 14-fold higher: $200-trillion – 840 per cent of current GDP. “Let’s get real,” Prof. Kotlikoff says. “The U.S. is bankrupt.” Writing in the September issue of Finance and Development, a journal of the International Monetary Fund, Prof. Kotlikoff says the IMF itself has quietly confirmed that the U.S. is in terrible fiscal trouble – far worse than the Washington-based lender of last resort has previously acknowledged. “The U.S. fiscal gap is huge,” the IMF asserted in a June report. “Closing the fiscal gap requires a permanent annual fiscal adjustment equal to about 14 percent of U.S. GDP.” This sum is equal to all current U.S. federal taxes combined. The consequences of the IMF’s fiscal fix, a doubling of federal taxes in perpetuity, would be appalling – and possibly worse than appalling. – Globe and Mail (Canada)

Dominant Social Theme: What? That can’t be. Let’s not talk about it.

Free-Market Analysis: These numbers cited by Laurence Kotlikoff have been all over the Internet for a while now but have not been much reported by the mainstream press. No surprise there, but we are a bit shocked that the Globe and Mail chose to pick them up. Was it a slow news day? The story itself has been around since August.

Because the Globe and Mail has covered it, so shall we. Here is our question: Given these numbers, how can banks and institutions purchase US fixed income securities, let alone the dollar? What sense does it make? These large institutions, with fiduciary responsibility, are basically buying a bankrupt product. And it is not just the US. The entire Western world (maybe with the exception of Germany) is pretty much either flat broke or worse than broke.

For us, this shows as much as anything else how controlled the system really is. It’s just a fiction and has little resemblance to reality. Institutions are said to flee to the “safe-haven” of the US dollar when they are nervous. But as Kotlikoff shows, the safe-haven is nothing of the sort. When one adds up all of the various commitments that the US has made abroad and at home (to its own citizens) the debt begins to add up to the monstrous, impossible number Kotlikoff arrives at.

Continue reading>>>

Read Full Post »

Liberalism is a mental disorder

As most of us know, liberalism is a mental disorder and it looks like scientist have confirmed this with their discover of a ‘liberal gene.’ I’m guessing the gene leaches off the hard work of other genes and demands the other genes should take care of them to survive. When the other genes tell them to go away, the liberal gene calls them a racist and continues with other ad hominem attacks.

Sound familiar?

NBCSandiego.com reports:

Researchers have determined that genetics could matter when it comes to some adults’ political leanings.

According to scientists at UC San Diego and Harvard University, “ideology is affected not just by social factors, but also by a dopamine receptor gene called DRD4.” That and how many friends you had during high school.

The study was led by UCSD’s James Fowler and focused on 2,000 subjects from the National Longitudinal Study of  Adolescent Health. Scientists matched the subjects’ genetic information with “maps” of their social networks. According to researchers, they determined that people “with a specific variant of the DRD4 gene were more likely to be liberal as adults.” However, the, subjects were only more likely to have leanings to the left if they were also socially active during adolescence.

“It is the crucial interaction of two factors — the genetic predisposition and the environmental condition of having many friends in adolescence — that is associated with being more liberal,” according to the study.

“These findings suggest that political affiliation is not based solely on the kind of social environment people experience,” said Fowler, who is a professor of political science and medical genetics.

The researchers also said their findings held true no matter what the ethnicity, culture, sex or age of the subjects were.

Source: Scientists Find ‘Liberal Gene’ | NBC San Diego

Read Full Post »

Read Full Post »

This coming from a guy who scored lower than Bush on his SATs. Kerry is upset because people are actually educated about progressives and their socialist progressive agenda. He is upset because he can’t pass his energy bill that will result in skyrocketing energy costs.

Unlike Kerry, most Americans can’t marry into wealth.

From the Boston Herald:

BOSTON—Massachusetts Sen. John Kerry unleashed a broadside Thursday against Republican “obstructionism,” saying the GOP and its talk-show allies have created a “period of know-nothingism” in the country.

This coming from a know-noting that knows nothing.

With his party braced for defeats in the midterm elections, the 2004 Democratic presidential nominee told the Greater Boston Chamber of Commerce that a Republican machine — fueled by talk show hosts such as Rush Limbaugh and Glenn Beck — has undermined progress and misled the public into believing Democrats created the country’s current economic problems.

Sounds like a typical liberal defense. Instead of talking about their magnificent record of high unemployment, a stagnant economy and socialism, Democrats go to the trusted blame Fox News, Beck and Limbaugh strategy.

Kerry singled out attacks on an energy deal he was negotiating with Republicans, which fell apart amid criticism of an emissions-trading program. Some 20 Senate candidates are now opposing the proposed deal in their campaigns.

“It’s absurd. We’ve lost our minds,” said a clearly exasperated Kerry. “We’re in a period of know-nothingism in the country, where truth and science and facts don’t weigh in. It’s all short-order, lowest common denominator, cheap-seat politics.”

Yes, we’ve lost our minds because the taxpayers don’t want to pay higher energy rates due to your know-nothing energy bill. We’ve lost our minds because we don’t want to give the government another industry to take over.

Read Full Post »

I hope Chris Christie runs for President in 2012 or 2016. We need honest people like this in government.

Read Full Post »

Most people already knew that Sonia Sotomayor should have never been put up as a Supreme Court nominee. A number of her rulings have been overturned by the Supreme Court. Remember the white firefighters in the New Haven decision?

Ed Whelan reports, via NRO.com:

I’ve obtained a copy of an interesting letter that Harvard law professor Larry Tribe wrote to his protégé, President Barack Obama, in the immediate aftermath of Justice Souter’s announcement of his decision to retire from the Court. I will post a PDF of the letter shortly. [Update:  Here’s the letter.] In the meantime, I’ll call attention, in this post and two or three others, to some of its highlights.

The express purpose of Tribe’s letter is to urge that Obama nominate Elena Kagan to the Souter vacancy. But before making his affirmative case for Kagan, Tribe argues strongly against the alternative of nominating Sonia Sotomayor:

Bluntly put, she’s not nearly as smart as she seems to think she is, and her reputation for being something of a bully could well make her liberal impulses backfire and simply add to the fire power of the Roberts/Alito/Scalia/Thomas wing of the Court on issues like those involved in the voting rights case argued last week and the Title VII case of the New Haven firefighters argued earlier, issues on which Kennedy will probably vote with Roberts despite Souter’s influence but on which I don’t regard Kennedy as a lost cause for the decade or so that he is likely to remain on the Court.

Tribe then discusses possible candidates for a future Stevens vacancy and pointedly doesn’t mention Sotomayor even for that vacancy.

It’s perhaps a tribute to Tribe’s, er …, deftness that, as soon as Obama nominated Sotomayor, a New York Times article gave the impression that he had supported her selection:

Laurence H. Tribe, a Harvard law professor who served as an adviser in the process that led to Judge Sotomayor’s selection for the Supreme Court, said the White House had found concerns about her temperament unfounded, concluding instead that her background and her concern with the consequences of court rulings would be a “healthy antidote” to more formalist legal theories advocated by the Supreme Court’s conservative wing.

“The president’s inquiries into the way she interacts with others,” Professor Tribe said, “convinced him that she would be a positive force in the chemistry of the Supreme Court.”

Translation of this last sentence: “I couldn’t persuade Obama not to pick her.”

Read Full Post »

Read Full Post »

Now why would 65% support getting rid of the most open, most honest, most ethical Congress in history?

From RassmussenReports.com:

Let’s face it: Most Americans don’t have much use for either of the major political parties and think it would be better to dump the entire Congress on Election Day.

A new Rasmussen Reports national telephone survey finds that 65% of Likely U.S. Voters say if they had the option next week, they would vote to get rid of the entire Congress and start all over again. Only 20% would opt to keep the entire Congress instead. Fifteen percent (15%) aren’t sure. (To see survey question wording, click here.

Of course, the Political Class strongly disagrees.  While 84% of Mainstream voters would opt to get rid of the entire Congress, 64% of the Political Class would vote instead to keep them all.

Not surprisingly, 82% of Republicans and 78% of unaffiliateds say dump them all. Despite their party’s control of both the House and Senate, Democratic voters are fairly evenly divided: 44% say it’s better to keep the entire Congress, but 38% would prefer to give all the national legislators the heave-ho.

Thirty-eight percent (38%) of all voters have a favorable opinion of the Democratic Party after its two years of controlling both the White House and Congress. But 53% view the Democrats unfavorably.

As for the party out of power but knocking on the door, just 29% view Republicans favorably, while 54% hold an unfavorable opinion of them.

Only 61% of Republicans offer a favorable opinion of the GOP, a figure perhaps reflective of the fact that most Republican voters believe their party leaders are out of touch with the base. 

Seventy-six percent (76%) of Democrats have a favorable opinion of their party.

Among all voters, just three percent (3%) have a favorable opinion of both parties, while 18% view both unfavorably. Seventy-nine percent (79%) offer mixed reviews.

Read Full Post »

Older Posts »

Follow

Get every new post delivered to your Inbox.

Join 486 other followers

%d bloggers like this: