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Archive for September 5th, 2012

So, what will Bill Clinton lie about tonight?

As we know, Democrats have been trotting out women killers (Ted Kennedy) and abusers (Bubba Clinton) as they tell the weak-minded O-bot how bad Republicans are in continuing their “war on women” myth. Will Clinton slip up and actually tell the truth? Highly unlikely.

I’m sure Bubba will attempt to claim that Obama is doing a fine job….just ignore the numbers and hope voters forget the numbers that have happened under Obama:

1) Higher unemployment. Bubba won’t mention this.

2) Record Deficits. Again, Bubba won’t touch this.

3) Record Debt. Nope, Bubba won’t go there.

4) Record poverty. Again, not a subject to be debated

5) Lower median household income. This will never come up.

6) Credit downgrade. Bubba  can’t go there.

Instead of focusing on Obamanomics, Bubba will talk about his economy and lie about it while taking full credit. He will attempt to trick voters into believe he and Obama share the same economic goals. Bubba will attack Republicans and totally not bring up the fact that Republicans controlled the House, Seanate and Bubba from 2004-2000.

Clinton can’t talk about Obama’s bipartisanship because he never had any or attempted to make it happen. Obama told Republicans from day one “I won” and “elections have consequences” as he told them to shut up and “sit in the backseat.” Clinton actually worked with Republicans to get things like budgets passed. Obama’s own party refused to give his budgets a single vote the past two years.

Clinton will lie and spin to make the faithful believe that Obama will turn the economy into the one Bubba had, but it won’t work. Obama now has a track record that isn’t successful. I’m sure Clinton will lie since he is notorious for lying to the American people. I can’t wait to hear the speech just so I can document the exact lies. It is pathetic that Obama can’t run on his economic record and has to have a perjurer make his case for him.

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Another Democrat trying to steal an election.

This is why Democrats are against voter ID laws.

LITTLE ROCK, Ark. (AP) – A Democratic state legislator from east Arkansas, his father and two campaign workers pleaded guilty Wednesday to conspiracy to commit election fraud after federal prosecutors said they bribed absentee voters and destroyed ballots in a special election last year.

Prosecutors said Democratic Rep. Hudson Hallum of Marion, Kent Hallum, Phillip Wayne Carter and Sam Malone acknowledged that they participated in a conspiracy to bribe voters to influence absentee votes in the Arkansas District 54 primary, runoff and general elections in 2011. The three were released pending a sentencing hearing.

“In a nation in which every person’s vote matters, protecting the integrity of the electoral process from those who seek to win office by cheating the system is critical,” U.S. Attorney Jane Duke said in a statement released by her office. “Voter fraud schemes such as that carried out in the 2011 District 54 race have the devastating effect of eroding public confidence in elected officials and disenfranchising voters.”

A Democratic Party spokeswoman said Hallum indicated he would step down from his seat, but officials had not received a formal resignation by Wednesday afternoon.

Hallum didn’t respond to phone messages from The Associated Press seeking comment, and Arkansas House officials said he hadn’t spoken with House Speaker Robert Moore. But in an email sent to other Democratic legislators, Hallum apologized for his actions.

“I took some bad advice that led to some bad decisions on my part. I am going to stand up and accept full responsibility for my actions,” Hallum wrote. “I am truly sorry because I know this news will have an effect on everyone’s upcoming race.”

Prosecutors said Hallum and his father, Kent, tasked Carter and Malone with obtaining absentee ballot applications for certain voters and assisting voters in filling out the ballots, “actually completing absentee ballots in some instances without regard to the voter’s actual candidate choice.”

Typical Democratic maneuver.

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The Democrats are the party of criminals, low-lifes and atheists. The Democrat Platform excluded God and omitted calling  Jerusalem the capital of Israel. After a firestorm, Obama had to step in and ask for these exclusions to be put into the party platform. You won’t see this on the Obama worshiping alphabet-media.

Does that sound like 2/3rds???

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So is the DOJ’s decision to sue South Carolina and Texas based strictly on race? YES

From NBC:

The Justice Department approved New Hampshire’s new voter ID, a version that is stricter than existing rules in the Granite State, but not as restrictive as other voters ID laws that the DOJ has rejected.’

Under New Hampshire’s previous rules, no ID was required as a condition of voting. Ballot clerks checked the names that voters announced at the polls, read back the addresses for verification, and handed over a ballot.

Under the state’s new law, voters must present a photo ID — a driver’s license, a voter ID card, a military ID card, a US passport, a student ID card, a photo ID issued by any level of government, and any other photo ID deemed legitimate by supervisors at the polls.

A year from now, the list of acceptable ID’s will be narrowed to a driver’s license, a non-driver ID card, military ID, or passport.  But voters unable to produce the required identification can sign an affidavit, attesting to their identity, and cast a regular ballot. Beginning next year, any voter doing so will also be photographed.

New Hampshire’s list of acceptable IDs as of 2013 is actually more restrictive than the set of IDs Texas would have accepted under that state’s voter ID law, which a federal court blocked last week.

So why the difference? It seems New Hampshire’s decision to also make it possible for voters without the proper ID to cast a regular ballot, provided they sign an affidavit and have their picture taken, allowed enough leeway.

Where did the DOJ’s “disenfranchise” claim go?  Surely those poor minorities in New Hampshire will be burden with obtaining an ID.

The Voting Rights Act requires federal approval for election law changes in states with a history of discrimination against minority voters.  Most of the states subject to the law are in the South.  New Hampshire’s change required approval because 10 townships in the state are covered by the act, even though the entire state is not.

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Obamanomics = trickle down poverty with less freedom!

From Cato:

Every year, I look forward to the annual releases of both Economic Freedom of the World and the Index of Economic Freedom. With their comprehensive rankings, these two publications enable interested parties to compare nations and see which countries are moving in the right direction.

As an American, I’m ashamed to say that these publications also show which nations are moving in the wrong direction. And the United States ranks poorly by this metric, having dropped from 3rd place to 10th place since 2000 according to Economic Freedom of the World.

The United States also has dropped to 10th place in the Index of Economic Freedom, and is now ranked only as a “mostly free” nation.

Some people dismiss these pieces of data because the two rankings are considered to reflect a pro-free market bias.

But the folks at the World Economic Forum surely can’t be pigeonholed as a bunch of small-government libertarians, and the WEF’s Global Competitiveness Report shows the same trend.

The United States took the top spot in the WEF’s Global Competitiveness Index as recently as 2007 and 2008, but then dropped to 2nd place in 2009.

I think Bush bears the full blame for that unfortunate development. But the decline has continued in recent years, and Obama deserves a good part of the blame for the drop to 4th place in 2010.

Blame Bush for 2009? Obama was president in 2009! We were #1 in 2007 & 2008 during Bush’s so called “Great Recession.”

The United States then fell to 5th place last year, in part because of horrible scores for “Wastefulness of Government Spending” (68th place) and “Burden of Government Regulation” (49th place).

Given this dismal trend, I opened the just-released 2012 Report with considerable trepidation. And my fears were justified. The United States has now dropped to 7th place.

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They all worked together to screw US taxpayers and the Democrats helped with Obama signing it into law.

From ZeroHedge:

That the SEC is the most incompetent, corrupt, irrelevant and captured organization “serving” the US public is known by everyone. And while the details of the SEC’s glaring lack of capacity to do anythingto restore investor confidence in the capital markets, which has become a casino used exclusively by Wall Street to defraud any retail investor still stupid enough to play (which lately a moot point as there have been no material retail inflows into mutual funds in over three years), are scattered, courtesy of Bloomberg we now have the best summary of just how the utterly clueless SEC is a muppet plaything of Wall Street, and together with it, the “grand regulation” that was supposed to keep Wall Street in check, is nothing but what Wall Street demand it to be, and forced the SEC, way over its head on regulation, to accept every change, that the very banks that are supposed to be regulated, demands as part of Dodd-Frank reforms. In short: everything we know about Wall Street ‘regulation’ has been a farce, and a lie, exclusively thanks to corruption rampant at the now documentedly incompetent Securities And Exchange Commission.

Bloomberg has the smoking gun.

It had been two days since U.S. lawmakers negotiated all night to finish rules that would reshape the business of Wall Street. The 20-hour session left legislators, aides, lobbyists and regulators exhausted. Almost no one had a grip on all the details.

Then Annette Nazareth stepped in. That Sunday morning, she e-mailed a dozen Securities and Exchange Commission officials about the bill that would become the 2,300-page Dodd-Frank Act.

Who is Annette Nazareth?

Nazareth, herself a former SEC commissioner, represents the biggest banks and securities firms as a partner in the Washington office of Davis Polk & Wardwell LLP. She attached an annotated copy of the measure to her June 27, 2010, e-mail, marking changes made during the wee hours. It could be an invaluable tool for an agency hard-pressed to analyze the bill on a tight deadline.

Nazareth was the good Wall Street funded Samaritan that stepped into bail out the SEC in its moment of need.

In case you would find it helpful,” Nazareth wrote to the group, many of them ex-colleagues.

Two hours later, SEC Chairman Mary Schapiro responded: “Thanks. We have our work cut out for us.”

And who is Davis Polk:

With Nazareth on board, Davis Polk was hired as outside counsel on Dodd-Frank by the six largest U.S. banks and the Securities Industry and Financial Markets Association, the Wall Street trade group, according to the law firm’s website. The firm also performed work for foreign lenders including Credit Suisse Group AG (CS) and Deutsche Bank AG.

As for Dodd Frank it needs no introduction: it is the Wall Street sponsored abortion that assures nothing has changed on the TBTF front, that banks can do whatever they wish, and that the SEC is powerless to intervene even when necessary. As Elliott management said, Dodd Frank is the one piece of legislation that has assured the Lehman failure was merely an appetizer to the main course when massively undercatpitalized banks will be tumbling like dominoes in a centrally-planned world.

How did Bloomberg get its information:

Nazareth’s e-mails to Schapiro and then-SEC General Counsel and Senior Policy Director David Becker, obtained through a Freedom of Information Act request filed by Bloomberg News, demonstrate how lobbyists and lawyers draw on bonds they formed in government service to gain access for clients, and how they work to maintain those ties.

Everyone knows about the SEC’s revolving door policy where former SEC workers go to Wall Street to aid and abet their clients to skirt the law, and avoid SEC entangements. It is rare however to see a double revolving door participant such as Nazareth:

Officials routinely leave federal agencies, Congress and the White House to work for the industries they once supervised. While that path is well-trod and legal — with some time restrictions — it still provokes handwringing in Washington. Nazareth’s communications provide an inside look at what happens when the revolving door spins.

Nazareth, 56, declined to discuss specific e-mails. She said that people like herself who have worked for both sides are valuable because they can “better translate to their clients” what the SEC is trying to achieve.

“It’s unfortunate where we are in an environment now where everybody thinks that is nefarious,” Nazareth said.

Nazareth added that she “absolutely” doesn’t get favorable treatment.

“I am not batting a thousand, let’s put it that way,” she said. “And I respect that.”

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Hard to defend huh lefties?

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So, CNN fact-checked the Democrat’s claim that they have “saved or created” 4.5 million jobs. CNN found that only 300,000 jobs were created (that is also a lie) over the course of Obama’s 3.5 year presidency. Conveniently, CNN leaves out the record number of Americans who have given up and dropped out of the labor force. Under Obama, the labor force participation rate is at a 30-year low.

The $787 billion stimulus number is also a very conservative estimate and the true cost of Obama’s failed stimulus is closer to $3.27 trillion. Either figure still proves how expensive these “created” jobs are.

$787 billion (787,000,000,000) divided by 300,000 comes to $262,333 per job.

So, almost a trillion dollars spent and all the taxpayers got was  higher unemployment, less Americans participating in the labor force and the bill.

Need more proof Obama’s stimulus didn’t work? Look at the predictions made by Obama’s economic team.

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It only took CNN 3.5 years to tell Americans that the 4.5 million jobs created claim from Obama and Democrats to be false. Wonder why CNN is in last place and losing viewers by the millions?

(CNN) – Anyone watching the Democratic National Convention on Tuesday night heard the number 4.5 million several times.

“Despite incredible odds and united Republican opposition, our president took action, and now we’ve seen 4.5 million new jobs,” San Antonio Mayor Julian Castro, the party’s keynote speaker, said.

Chicago Mayor Rahm Emanuel, who served as President Barack Obama’s chief of staff, and Massachusetts Gov. Deval Patrick, who followed Obama’s November rival Mitt Romney as governor of Massachusetts, both cited the same number.

It’s a big-sounding number, given the still-sputtering job market. So we’re giving it a close eyeballing.

The facts:

The number Castro cites is an accurate description of the growth of private-sector jobs since January 2010, when the long, steep slide in employment finally hit bottom. But while a total of 4.5 million jobs sounds great, it’s not the whole picture.

Er..does CNN not know that unemployment is still higher that the day Obama took office?

Nonfarm private payrolls hit a post-recession low of 106.8 million that month, according to the U.S. Bureau of Labor Statistics. The figure currently stands at 111.3 million as of July.

While that is indeed a gain of 4.5 million, it’s only a net gain of 300,000 over the course of the Obama administration to date. The private jobs figure stood at 111 million in January 2009, the month Obama took office.

Even the 300,000 jobs is bogus when you consider the drop in labor force participation which is at a 30-year low under Obama.

And total nonfarm payrolls, including government workers, are down from 133.6 million workers at the beginning of 2009 to 133.2 million in July 2012. There’s been a net loss of nearly 1 million public-sector jobs since Obama took office, despite a surge in temporary hiring for the 2010 census.

Meanwhile, the jobs that have come back aren’t the same ones that were lost.

Continue reading>>>

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The DNC has nothing to run on but lies, distortion and distraction.

From the AP:

HEALTH AND HUMAN SERVICES SECRETARY KATHLEEN SEBELIUS: “Instead of sending your checks to your insurance companies, your insurance companies are sending a check to you. …If you already have health insurance you like, you can keep it.”

THE FACTS: Under the new health care law, insurers must issue rebates if they fail to spend at least 80 percent of premiums – Sebelius incorrectly said 50 percent – collected on medical care and quality improvement. But mostly it’s the employer, not the worker, who gets the check.

The Obama administration says that about 13 million people will benefit from health insurance rebates averaging $151 per household. But the number of families actually getting a check will be much smaller, experts say.

For one thing, employers can plow all the rebate money – including the worker’s share – back into improving the company’s health plan. For example, they could reduce the premium for the following year.

Employers typically pay 82 percent of the premium for a worker, and 72 percent for a family plan.

Most workers and their families are covered by job-based health insurance, and the new law does not stop employers from changing their plans from year to year, as they do now.

SEBELIUS: “So instead of the Medicare guarantee, Republicans would give seniors a voucher that limits what’s covered.”

THE FACTS: She left out crucial details in describing the Romney-Ryan Medicare plan. It would not apply to the nearly 50 million current Medicare recipients but to future retirees who would join the program starting in 2023. Current beneficiaries could remain in the traditional program, while new retirees would get a fixed payment from the government that could be used either to purchase a private insurance plan or a new government program modeled on traditional Medicare.

Romney and Ryan say they have no intention of limiting medical care for seniors – only restraining the growth of costs. And traditional Medicare also has its limits. It does not cover everything. Long-term care is not covered, only limited nursing home stays. And most must seniors pay out-of-pocket for dental care unless they have private insurance that covers it. Medicare has copayments and annual deductibles, and that’s also a form of limiting coverage.

SAN ANTONIO MAYOR JULIAN CASTRO: “Despite incredible odds and united Republican opposition our president took action. And now we’ve seen 4.5 million new jobs.”

While that figure has become a White House talking point, it’s only part of the story. It’s a cherry-picked number that refers just to private sector jobs created in the last 29 months, from the trough of the recession through July. Governments – especially state and local ones – have continued shedding jobs.

The economy lost 8.8 million jobs from the time employment peaked in January 2008 until it hit bottom in February 2010. Between then and this July – the most recent month for which there are figures – just 4 million jobs have been recovered. Never since World War II has the economy been so slow to recover all the jobs lost in a downturn.

SENATE MAJORITY LEADER HARRY REID: “We can only imagine what new secrets would be revealed if he showed the American people a dozen years of tax returns like his father did…. Mitt Romney says we should take his word that he paid his fair share. His word? His word? Trust comes from transparency, and Mitt Romney comes up short on both.”

THE FACTS: Reid has challenged Romney on his tax returns before, but this time Reid omitted an earlier charge that over the past decade, there were some years when Romney paid no taxes – an uncorroborated claim that Romney insists is false.

Romney has released just one tax return, from 2010 and says he’ll release his 2011 return once it’s finished. He has steadfastly declined to make more than two years available.

CHICAGO MAYOR RAHM EMANUEL: “I remember when the president received a report that the auto industry had a few weeks before collapse… And because (he) made the right choice, over one million Americans are still working today.”

THE FACTS: Emanuel, Obama’s chief of staff at the time, makes it sound like Obama was the one who saved General Motors and Chrysler. (Ford never applied for federal help). But, actually, the auto bailout program was started by President Bush, then extended and expanded by Obama.

REID: “We learned he chose Swiss bank accounts and Cayman Island tax shelters over American institutions.”

FORMER OHIO GOV. TED STRICKLAND: “Mitt Romney has so little economic patriotism that even his money needs a passport. It summers on the beaches of the Cayman Islands and winters on the slopes of the Swiss Alps.”

WOMEN’S EQUALITY ACTIVIST LILY LEDBETTER: “…doesn’t sound like a lot to someone with a Swiss bank account, Cayman Island investments and an IRA worth tens of millions of dollars.”

THE FACTS: These are references to a $3 million account that Mitt Romney held for several years in a bank in Switzerland and investment funds set up in the Cayman Islands in the Caribbean. A trustee handling Romney’s blind trust said that the Swiss account was active from 2003 until it was closed in 2010. The trustee said the account had been opened for “diversification.” Romney still has active investment funds based in the Caymans, Bermuda, Luxembourg, Ireland and other foreign sites.

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