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Showing posts with label Bailout. Show all posts
Showing posts with label Bailout. Show all posts
GOVERNMENT WASTE: $11 trillion in bailouts so far...
READY TO PAY FOR GOVERNMENT WASTE?
$11 TRILLION IN BAILOUTS...BILLIONS IN BRIBES
While you are living your life, this is how government is wasting your money.
$11 TRILLION IN BAILOUTS...BILLIONS IN BRIBES
While you are living your life, this is how government is wasting your money.
 | Pork, bribery and waste: Bailout Summary (PDF), Government Waste (PDF), Problems with Obama’s budget, Who pays the most taxes ...and more |
BAILOUTS LIST
BREAKDOWN OF ALL THE BAILOUTS THRU 4/13/2009: $11 TRILLION DOLLARS!!!
Click image to enlarge or click here for PDF
SOURCES:
● Bailouts top $12.8 Trillion (Bloomberg)
● Government Bailouts (S. Francisco Chronicle)
● Bailouts Summary (FactReal)
● Bailouts (CNN)
● HR1105: Earmarks in Omnibus bill (FactReal)
● HR1: Waste in "Stimulus" Bill (Obama) (FactReal)
● HR1: Analysis of Stimulus II (Obama) (CBO)
● HR1: Legislation Text of Stimulus II (Obama)"
● HR5140: Stimulus I (Bush) (CBO)
● Car Bailout: Why they failed (FactReal)
● TARP Analysis (CBO)
● AIG: Dodd Bonus Amendment
● AIG Restructuring Plan(Federal Reserve)
● Bear Stearns (Federal Reserve)
● Government takeover of small banks (FDIC)
● Government takeover of Washington Mutual (FDIC)
● Government takeover of IndyMac Bank(FDIC)
● Work Pay Tax Credit (IRS)
● Relaxing "Market-to-Market" accounting rules
● Status of Appropriations Bills
● Roll Call votes (U.S. Senate)
RELATED
● The Million Taxpayer March
● Kook Actress Garofalo: Tea Parties Were About Hating the Black Man
● Obama's Big Government Gamble
● A Tax Day Tea Party cheat sheet: How it all started
● Tea Party Directories All-In-One…& Spending Facts
Click image to enlarge or click here for PDF
SOURCES:
● Bailouts top $12.8 Trillion (Bloomberg)
● Government Bailouts (S. Francisco Chronicle)
● Bailouts Summary (FactReal)
● Bailouts (CNN)
● HR1105: Earmarks in Omnibus bill (FactReal)
● HR1: Waste in "Stimulus" Bill (Obama) (FactReal)
● HR1: Analysis of Stimulus II (Obama) (CBO)
● HR1: Legislation Text of Stimulus II (Obama)"
● HR5140: Stimulus I (Bush) (CBO)
● Car Bailout: Why they failed (FactReal)
● TARP Analysis (CBO)
● AIG: Dodd Bonus Amendment
● AIG Restructuring Plan(Federal Reserve)
● Bear Stearns (Federal Reserve)
● Government takeover of small banks (FDIC)
● Government takeover of Washington Mutual (FDIC)
● Government takeover of IndyMac Bank(FDIC)
● Work Pay Tax Credit (IRS)
● Relaxing "Market-to-Market" accounting rules
● Status of Appropriations Bills
● Roll Call votes (U.S. Senate)
RELATED
● The Million Taxpayer March
● Kook Actress Garofalo: Tea Parties Were About Hating the Black Man
● Obama's Big Government Gamble
● A Tax Day Tea Party cheat sheet: How it all started
● Tea Party Directories All-In-One…& Spending Facts
Bailout Summary
SENATORS ON SALE
Republicans reaching a compromise (2/6/2009):
Collins .......call her:(202) 224-2523
Snowe .......call her:(202) 224-5344
Specter .....call him (202) 224-4254
Send email and contact other senators as well: contact info.
(H/t: MichelleMalkin.com)
STIMULUS=SPENDING?
OBAMA NEEDS A DICTIONARY (2/5/2009)
The root of the problem with this "Stimulus" bill is that Obama thinks that stimulus equals spending. Ah?
How much money will government spend if they issue tax cuts for businesses and consumers!!!!!
Here is the "illuminated" Obama (go to minute 7:30)
Can someone give a dictionary to Obama? And not a marxist dictionary, pleeeasssee!
PS: Did you notice Obama's derisive & contemptuous attitude towards the opposition. Didn't he promise bi-partisanship, humility, new era of politics?
Is Obama turning into Howard Dean?
COJONES BACK IN GOP. THANK YOU!
BRIBE BILL PASSES THE HOUSE. OBAMA GETS A PARTISAN VOTE.
All Republicans & 11 Democrats voted in a bi-partisan way....AGAINST IT!
HOUSE BILL INFO H.R.1
Status 1/28/09:--Passes the House, 244-188 (with 1 not voting)
Short Name:-----American Recovery and Reinvestment Act of 2009
Nickname:-------“Stilumus”, Generational Theft Act of 2009, Porkulus, Bribe
Official Title:----Making supplemental appropriations for job preservation and creation, infrastructure investment,
----------------------energy efficiency and science, assistance to the unemployed, and State and local fiscal stabilization, for fiscal year
---------------------------- ending September 30, 2009, and for other purposes.
REPUBLICANS WHO VOTED 'NO':
Contact them to say thank you: (202) 224-3121 or email
Robert Aderholt, Todd Akin, Rodney Alexander, Steve Austria, Michele Bachmann, Spencer Bachus, J. Gresham Barrett, Roscoe Bartlett, Joe Barton, Judith Biggert, Brian Bilbray, Gus Bilirakis, Rob Bishop, Marsha Blackburn, Roy Blunt, John Boehner, Jo Bonner, Mary Bono, John Boozman, Charles Boustany, Kevin Brady, Paul Broun, Henry Brown, Vern Buchanan, Michael Burgess, Dan Burton, Steve Buyer, Ken Calvert, Dave Camp, John Campbell, Eric Cantor, Anh Cao, Shelley Moore Capito, John Carter, Bill Cassidy, Michael Castle, Jason Chaffetz, Howard Coble, Michael Coffman, Tom Cole, Michael Conaway, Ander Crenshaw, John Culberson, Geoff Davis, Nathan Deal, Charles Dent, Lincoln Diaz-Balart, Mario Diaz-Balart, David Dreier, John 'Jimmy' Duncan, Vernon Ehlers, Jo Ann Emerson, Mary Fallin, Jeff Flake, John Fleming, Randy Forbes, Jeff Fortenberry, Virginia Foxx, Trent Franks, Rodney Frelinghuysen, Elton Gallegly, Scott Garrett, Jim Gerlach, Phil Gingrey, Louie Gohmert, Bob Goodlatte, Kay Granger, Sam Graves, Brett Guthrie, Ralph Hall, Gregg Harper, Doc Hastings, Dean Heller, Jeb Hensarling, Wally Herger, Peter Hoekstra, Duncan Hunter, Bob Inglis, Darrell Issa, Lynn Jenkins, Sam Johnson, Tim Johnson, Walter Jones, Jim Jordan, Peter King, Steve King, Jack Kingston, Mark Kirk, John Kline, Steven LaTourette, Doug Lamborn, Leonard Lance, Tom Latham, Robert Latta, Christopher Lee, Jerry Lewis, John Linder, Frank LoBiondo, Frank Lucas, Blaine Luetkemeyer, Cynthia Lummis, Daniel Lungren, Connie Mack, Donald Manzullo, Kenny Marchant, Kevin McCarthy, Michael McCaul, Tom McClintock, Thad McCotter, Patrick McHenry, John McHugh, Buck McKeon, Cathy McMorris Rodgers, John Mica, Gary Miller, Candice Miller, Jeff Miller, Jerry Moran, Tim Murphy, Sue Myrick, Randy Neugebauer, Devin Nunes, Pete Olson, Ron Paul, Erik Paulsen, Mike Pence, Thomas Petri, Joe Pitts, Todd Platts, Ted Poe, Bill Posey, Tom Price, Adam Putnam, George Radanovich, Dennis Rehberg, David Reichert, Phil Roe, Mike Rogers, Hal Rogers, Mike Rogers, Dana Rohrabacher, Thomas Rooney, Ileana Ros-Lehtinen, Peter Roskam, Edward Royce, Paul Ryan, Steve Scalise, Jean Schmidt, Aaron Schock, Jim Sensenbrenner, Pete Sessions, John Shadegg, John Shimkus, Bill Shuster, Michael Simpson, Lamar Smith, Christopher Smith, Adrian Smith, Mark Souder, Cliff Stearns, John Sullivan, Lee Terry, Glenn Thompson, Mac Thornberry, Todd Tiahrt, Pat Tiberi, Michael Turner, Fred Upton, Greg Walden, Zachary Wamp, Lynn Westmoreland, Ed Whitfield, Joe Wilson, Robert Wittman, Frank Wolf, Bill Young, Don Young Ginny Brown-Waite
SOURCES:
Roll Call Vote on H.R. 1
Washington Post Database
Today was good day for conservatism
OBAMA, TRILLION-DOLLAR MAN (for now)
STIMULUS (BRIBE) PACKAGE BEING RAMMED BY OBAMA
The new $825 Billion proposal (plus $346 Billion in interest) includes:
More waste:
● $21 million for sod
● $200 million for the National Mall
● $600 million for new cars for the federal government
● $650 million for digital TV coupons
● $6 billion for colleges/universities (many which have billion dollar endowments)
● $50 million in funding for the National Endowment of the Arts
● $44 million for repairs to U.S. Dept. of Agriculture headquarters
● billions of taxpayer dollars to left-wing groups like ACORN
● funding for contraceptives and the abortion industry
--(eugenics-lover Democrat Nancy Pelosi said "contraception will reduce costs to the states and
--to the federal government.")
● $75 million for smoking cessation
More lies:
● only 3% (or $30 billion) of the bill is for road and highway spending
● only 2.7 percent (or $22.3 billion) of the overall package, is for to small business tax relief (smal businesses are the main job providers in the nation)
More fallacies:
● Highway Spending: The Myth of the 47,576 New Jobs
"....before the government can spend $1 billion hiring road builders and purchasing asphalt, it must first tax or borrow $1 billion from other sectors of the economy—which would then lose a similar number of jobs. In other words, highway spending merely transfers jobs and income from one part of the economy to another." indicates Heritage
Bills text here:
ReadTheStimulus.org
Searchable text version of Senate & House Bribe Packages
WE CAN'T AFFORD OBAMA:
What the Stimulus Will Cost Working Families
To finance the $825 billion "stimulus" (bribe) package, it will take:
ONE YEAR budget for food, clothing, housing and health care of EVERY FAMILY will be needed
- every family in the United States would be lending the federal government $10,520,
- or each family with children under the age of 18 would lend $22,445.
This money is being borrowed, meaning it will have to be repaid
by either taxing it from future generations or borrowing even more funds.
(Hat tip: “Stimulus” you can’t afford, The Foundry)
GOVERNMENT SPENDING DOES NOT STIMULATE
Why Government Spending Does Not Stimulate Economic Growth
Most government spending has historically reduced productivity and long-term economic growth due to:
1. Taxes. Most government spending is financed by taxes, and high tax rates reduce incentives to work, save, and invest—resulting in a less motivated workforce as well as less business investment in new capital and technology.
2. Incentives. Social spending often reduces incentives for productivity by subsidizing leisure and unemployment.
3. Displacement. Every dollar spent by politicians means one dollar less to be allocated based on market forces within the more productive private sector....politicians seize that money and earmark it for favored organizations with little regard for improvements to economic efficiency;
4. Inefficiencies. Government provision of housing, education, and postal operations are often much less efficient than the private sector. Government also distorts existing health care and education markets by promoting third-party payers, resulting in over-consumption and insensitivity to prices and outcomes. Another example of inefficiency is when politicians earmark highway money for wasteful pork projects rather than expanding highway capacity where it is most needed.
HISTORY: NEW DEAL = RAW DEAL
source: Heritage, report
HISTORY: TAX CUTS STIMULATE
Why Tax Rate Reductions Are More Stimulative Than Rebates: Lessons from 2001 and 2003
source: report
NOT A CONSENSUS, MR. OBAMA
200 Economists oppose Obama’s Bribe Proposal
More Economists comments in opposition
More analysis against the “Stimulus”
SOLUTIONS
● Heritage
○ Instead of creating higher taxes for families by increasing government spending, policymakers should instead consider extending or making permanent the 2001 and 2003 tax reductions and should reduce individual, small business, and corporate taxes.
○ Extending these tax cuts and further reducing taxes would stimulate job production and increase gross domestic product, thereby improving our economy and shortening the length of the recession.
● The Obama-Limbaugh Bipartisan Stimulus Plan of 2009
Proposed by Rush Limbaugh: "...54% voted for President Obama and 46% voted for Senator McCain. As a way to bring the country together and at the same time determine the most effective way to deal with recessions, under the Obama-Limbaugh Stimulus Plan of 2009, $540 billion of the one trillion will be spent on infrastructure as defined by President Obama and the Democrats. The remaining $460 billion, or 46% that voted for Senator McCain, will be directed towards tax cuts, as determined by me. These tax cuts will consist primarily of capital gains tax cuts and corporate tax rate cuts. …Then we see which stimulus actually works and works the fastest…”
SEMANTICS
Call it stimulus, rescue, bailout...is all the same....BRIBE.
BAILOUTS SO FAR...$8 TRILLION
GOVERNMENT TAKEOVER - TAXPAYERS WILL PAY
click image to enlarge
HOW YOUR MONEY IS BEING SPENT
● Buying future Democrat votes:
○ Acorn's Seed Money (ACORN is the radical group involved in voter fraud and in the housing meltdown)
○ ACORN Watch: Left-wing fraudsters “could get billions” in stimulus money
○ Citi Forks over 1 Million to La Raza
○ Citibank - the Left’s favorite bank
○ Donations to Liberals
○ Struggling Banks Paid President Clinton $2.1 million
--Four major banks, including one that collapsed, two that received federal bailout money and one that filed for bankruptcy
--this past September, paid former President Clinton $2.1 million for 13 speeches:
--Bill Clinton received from:
----Citigroup $700,000
----Goldman Sachs $950,000
----Lehman Brothers $300,000
----Merrill Lynch paid $175,000
● Waste & Scams
UAW Union Bosses Scam the system
Automobile Union Bosses Accused Of Abusing Overtime
● Say What?
Ailing Chrysler wants another $3 billion of your money while underwriting a movie
Chrysler plans to help underwrite the fourth installment of the “Terminator” movie series, “Terminator Salvation,” where it will place its vehicles in cameo roles.
SOURCES
Government Bailout Hits $8.5 Trillion (San Francisco Chronicle)
Bailout Breakdown (CNN)
Bailouts: Growing Debt for Taxpayers
Bailouts: All for Government Expansion
Middle of the night bailout for Bank of America; TARP investigation of BoA and Citigroup/Jesse Jackson event requested
Generational Theft Act of 2009
Republicans reaching a compromise (2/6/2009):
Collins .......call her:(202) 224-2523
Snowe .......call her:(202) 224-5344
Specter .....call him (202) 224-4254
Send email and contact other senators as well: contact info.
(H/t: MichelleMalkin.com)
STIMULUS=SPENDING?
OBAMA NEEDS A DICTIONARY (2/5/2009)
The root of the problem with this "Stimulus" bill is that Obama thinks that stimulus equals spending. Ah?
How much money will government spend if they issue tax cuts for businesses and consumers!!!!!
Here is the "illuminated" Obama (go to minute 7:30)
Can someone give a dictionary to Obama? And not a marxist dictionary, pleeeasssee!
PS: Did you notice Obama's derisive & contemptuous attitude towards the opposition. Didn't he promise bi-partisanship, humility, new era of politics?
Is Obama turning into Howard Dean?
COJONES BACK IN GOP. THANK YOU!
BRIBE BILL PASSES THE HOUSE. OBAMA GETS A PARTISAN VOTE.
All Republicans & 11 Democrats voted in a bi-partisan way....AGAINST IT!
HOUSE BILL INFO H.R.1
Status 1/28/09:--Passes the House, 244-188 (with 1 not voting)
Short Name:-----American Recovery and Reinvestment Act of 2009
Nickname:-------“Stilumus”, Generational Theft Act of 2009, Porkulus, Bribe
Official Title:----Making supplemental appropriations for job preservation and creation, infrastructure investment,
----------------------energy efficiency and science, assistance to the unemployed, and State and local fiscal stabilization, for fiscal year
---------------------------- ending September 30, 2009, and for other purposes.
REPUBLICANS WHO VOTED 'NO':
Contact them to say thank you: (202) 224-3121 or email
Robert Aderholt, Todd Akin, Rodney Alexander, Steve Austria, Michele Bachmann, Spencer Bachus, J. Gresham Barrett, Roscoe Bartlett, Joe Barton, Judith Biggert, Brian Bilbray, Gus Bilirakis, Rob Bishop, Marsha Blackburn, Roy Blunt, John Boehner, Jo Bonner, Mary Bono, John Boozman, Charles Boustany, Kevin Brady, Paul Broun, Henry Brown, Vern Buchanan, Michael Burgess, Dan Burton, Steve Buyer, Ken Calvert, Dave Camp, John Campbell, Eric Cantor, Anh Cao, Shelley Moore Capito, John Carter, Bill Cassidy, Michael Castle, Jason Chaffetz, Howard Coble, Michael Coffman, Tom Cole, Michael Conaway, Ander Crenshaw, John Culberson, Geoff Davis, Nathan Deal, Charles Dent, Lincoln Diaz-Balart, Mario Diaz-Balart, David Dreier, John 'Jimmy' Duncan, Vernon Ehlers, Jo Ann Emerson, Mary Fallin, Jeff Flake, John Fleming, Randy Forbes, Jeff Fortenberry, Virginia Foxx, Trent Franks, Rodney Frelinghuysen, Elton Gallegly, Scott Garrett, Jim Gerlach, Phil Gingrey, Louie Gohmert, Bob Goodlatte, Kay Granger, Sam Graves, Brett Guthrie, Ralph Hall, Gregg Harper, Doc Hastings, Dean Heller, Jeb Hensarling, Wally Herger, Peter Hoekstra, Duncan Hunter, Bob Inglis, Darrell Issa, Lynn Jenkins, Sam Johnson, Tim Johnson, Walter Jones, Jim Jordan, Peter King, Steve King, Jack Kingston, Mark Kirk, John Kline, Steven LaTourette, Doug Lamborn, Leonard Lance, Tom Latham, Robert Latta, Christopher Lee, Jerry Lewis, John Linder, Frank LoBiondo, Frank Lucas, Blaine Luetkemeyer, Cynthia Lummis, Daniel Lungren, Connie Mack, Donald Manzullo, Kenny Marchant, Kevin McCarthy, Michael McCaul, Tom McClintock, Thad McCotter, Patrick McHenry, John McHugh, Buck McKeon, Cathy McMorris Rodgers, John Mica, Gary Miller, Candice Miller, Jeff Miller, Jerry Moran, Tim Murphy, Sue Myrick, Randy Neugebauer, Devin Nunes, Pete Olson, Ron Paul, Erik Paulsen, Mike Pence, Thomas Petri, Joe Pitts, Todd Platts, Ted Poe, Bill Posey, Tom Price, Adam Putnam, George Radanovich, Dennis Rehberg, David Reichert, Phil Roe, Mike Rogers, Hal Rogers, Mike Rogers, Dana Rohrabacher, Thomas Rooney, Ileana Ros-Lehtinen, Peter Roskam, Edward Royce, Paul Ryan, Steve Scalise, Jean Schmidt, Aaron Schock, Jim Sensenbrenner, Pete Sessions, John Shadegg, John Shimkus, Bill Shuster, Michael Simpson, Lamar Smith, Christopher Smith, Adrian Smith, Mark Souder, Cliff Stearns, John Sullivan, Lee Terry, Glenn Thompson, Mac Thornberry, Todd Tiahrt, Pat Tiberi, Michael Turner, Fred Upton, Greg Walden, Zachary Wamp, Lynn Westmoreland, Ed Whitfield, Joe Wilson, Robert Wittman, Frank Wolf, Bill Young, Don Young Ginny Brown-Waite
SOURCES:
Roll Call Vote on H.R. 1
Washington Post Database
Today was good day for conservatism
OBAMA, TRILLION-DOLLAR MAN (for now)
STIMULUS (BRIBE) PACKAGE BEING RAMMED BY OBAMA
The new $825 Billion proposal (plus $346 Billion in interest) includes:
More waste:
● $21 million for sod
● $200 million for the National Mall
● $600 million for new cars for the federal government
● $650 million for digital TV coupons
● $6 billion for colleges/universities (many which have billion dollar endowments)
● $50 million in funding for the National Endowment of the Arts
● $44 million for repairs to U.S. Dept. of Agriculture headquarters
● billions of taxpayer dollars to left-wing groups like ACORN
● funding for contraceptives and the abortion industry
--(eugenics-lover Democrat Nancy Pelosi said "contraception will reduce costs to the states and
--to the federal government.")
● $75 million for smoking cessation
More lies:
● only 3% (or $30 billion) of the bill is for road and highway spending
● only 2.7 percent (or $22.3 billion) of the overall package, is for to small business tax relief (smal businesses are the main job providers in the nation)
More fallacies:
● Highway Spending: The Myth of the 47,576 New Jobs
"....before the government can spend $1 billion hiring road builders and purchasing asphalt, it must first tax or borrow $1 billion from other sectors of the economy—which would then lose a similar number of jobs. In other words, highway spending merely transfers jobs and income from one part of the economy to another." indicates Heritage
Bills text here:
ReadTheStimulus.org
Searchable text version of Senate & House Bribe Packages
WE CAN'T AFFORD OBAMA:
What the Stimulus Will Cost Working Families
To finance the $825 billion "stimulus" (bribe) package, it will take:
ONE YEAR budget for food, clothing, housing and health care of EVERY FAMILY will be needed
- every family in the United States would be lending the federal government $10,520,
- or each family with children under the age of 18 would lend $22,445.
This money is being borrowed, meaning it will have to be repaid
by either taxing it from future generations or borrowing even more funds.
(Hat tip: “Stimulus” you can’t afford, The Foundry)
GOVERNMENT SPENDING DOES NOT STIMULATE
Why Government Spending Does Not Stimulate Economic Growth
Most government spending has historically reduced productivity and long-term economic growth due to:
1. Taxes. Most government spending is financed by taxes, and high tax rates reduce incentives to work, save, and invest—resulting in a less motivated workforce as well as less business investment in new capital and technology.
2. Incentives. Social spending often reduces incentives for productivity by subsidizing leisure and unemployment.
3. Displacement. Every dollar spent by politicians means one dollar less to be allocated based on market forces within the more productive private sector....politicians seize that money and earmark it for favored organizations with little regard for improvements to economic efficiency;
4. Inefficiencies. Government provision of housing, education, and postal operations are often much less efficient than the private sector. Government also distorts existing health care and education markets by promoting third-party payers, resulting in over-consumption and insensitivity to prices and outcomes. Another example of inefficiency is when politicians earmark highway money for wasteful pork projects rather than expanding highway capacity where it is most needed.
HISTORY: NEW DEAL = RAW DEAL
source: Heritage, report
HISTORY: TAX CUTS STIMULATE
Why Tax Rate Reductions Are More Stimulative Than Rebates: Lessons from 2001 and 2003
source: report
NOT A CONSENSUS, MR. OBAMA
200 Economists oppose Obama’s Bribe Proposal
More Economists comments in opposition
More analysis against the “Stimulus”
SOLUTIONS
● Heritage
○ Instead of creating higher taxes for families by increasing government spending, policymakers should instead consider extending or making permanent the 2001 and 2003 tax reductions and should reduce individual, small business, and corporate taxes.
○ Extending these tax cuts and further reducing taxes would stimulate job production and increase gross domestic product, thereby improving our economy and shortening the length of the recession.
● The Obama-Limbaugh Bipartisan Stimulus Plan of 2009
Proposed by Rush Limbaugh: "...54% voted for President Obama and 46% voted for Senator McCain. As a way to bring the country together and at the same time determine the most effective way to deal with recessions, under the Obama-Limbaugh Stimulus Plan of 2009, $540 billion of the one trillion will be spent on infrastructure as defined by President Obama and the Democrats. The remaining $460 billion, or 46% that voted for Senator McCain, will be directed towards tax cuts, as determined by me. These tax cuts will consist primarily of capital gains tax cuts and corporate tax rate cuts. …Then we see which stimulus actually works and works the fastest…”
SEMANTICS
Call it stimulus, rescue, bailout...is all the same....BRIBE.
BAILOUTS SO FAR...$8 TRILLION
GOVERNMENT TAKEOVER - TAXPAYERS WILL PAY
click image to enlarge
HOW YOUR MONEY IS BEING SPENT
● Buying future Democrat votes:
○ Acorn's Seed Money (ACORN is the radical group involved in voter fraud and in the housing meltdown)
○ ACORN Watch: Left-wing fraudsters “could get billions” in stimulus money
○ Citi Forks over 1 Million to La Raza
○ Citibank - the Left’s favorite bank
○ Donations to Liberals
○ Struggling Banks Paid President Clinton $2.1 million
--Four major banks, including one that collapsed, two that received federal bailout money and one that filed for bankruptcy
--this past September, paid former President Clinton $2.1 million for 13 speeches:
--Bill Clinton received from:
----Citigroup $700,000
----Goldman Sachs $950,000
----Lehman Brothers $300,000
----Merrill Lynch paid $175,000
● Waste & Scams
UAW Union Bosses Scam the system
Automobile Union Bosses Accused Of Abusing Overtime
● Say What?
Ailing Chrysler wants another $3 billion of your money while underwriting a movie
Chrysler plans to help underwrite the fourth installment of the “Terminator” movie series, “Terminator Salvation,” where it will place its vehicles in cameo roles.
SOURCES
Government Bailout Hits $8.5 Trillion (San Francisco Chronicle)
Bailout Breakdown (CNN)
Bailouts: Growing Debt for Taxpayers
Bailouts: All for Government Expansion
Middle of the night bailout for Bank of America; TARP investigation of BoA and Citigroup/Jesse Jackson event requested
Generational Theft Act of 2009
PIÑATA (AKA Bailout, Rescue...)
PIÑATA: Why the Automakers Failed
Call it what you want.
The consequence is the same:
BIGGER GOVERNMENT.
LESS INDIVIDUAL FREEDOMS.
Give away money, and you'll get an endless line of takers.
photo: sunshinespartyrentals.com
1) ABUSIVE LABOR UNION REQUIREMENTS
The Union: The United Auto Workers (UAW)
The Big 3: Automakers GM, Ford, and Chrysler in Detroit
The UAW labor union has handcuffed Detroit’s Big 3 automakers with unreasonable, unrealistic burdens and inflexible, anti-competitive work rules.
● Wages $75 per hour. While Toyota pays $48.00
Union contracts force the Big 3 to pay UAW workers approx. $30 more per hour than competitors like Toyota. more
Union workers earn $75 an hour in wages and benefits - almost triple the earnings of the average private sector worker. more
● Health care adds $1,200 to the cost of each vehicle. But only $215 for Toyota.
Union autoworkers have substantially more health, retirement, and paid time off benefits than most Americans. The UAW's lavish and comprehensive health benefits added $1,200 to the cost of each vehicle produced in the United States.The Japanese automakers provide standard health benefits to their American employees. So, health care for active workers cost Toyota $215 per vehicle in 2006.
● Retire after 30 years of service
UAW employees work under a 30-and-Out contract that allows them to retire with generous pension benefits after 30 years on the job, irrespective of age.
● Seven weeks' vacation
A Chrysler worker with 15 years' tenure was entitled to 34.5 paid holidays and
vacation days in 2006 -- seven weeks in paid time off. This is three weeks more paid vacation than the average private sector worker with similar tenure.
● More Retirees Than Active Workers
GM support three times more retirees than active workers. They also pay other contractual obligations such as health coverage for union retirees.
● 22-Pounds of Union Rules and Regulations
That is 2,215 pages for Ford's 2007 master contract.
If you want to read the contracts for Ford, GM, Chrysler,
visit: “22 Pounds of UAW Rules and Regulations”, LaborPains.org
Hat tip: MichelleMalkin.com)
2) PAYING WORKERS TO NOT WORK
UAW's "Jobs Bank" program guarantees that UAW workers are paid nearly full wages to NOT work. Under UAW contracts, workers whom the automakers let go when plants close are not laid off. Instead, after exhausting regular unemployment payments from the automakers and the government, they are transferred to a JOBS bank where they are paid nearly full wages to not work...more
3) IDIOTIC GOVERNMENT STANDARDS
Government is forcing them to make cars that Americans won't buy. Federal mileage standards are forcing car manufacturers to produce small cars that make little or no profit at plants organized by the United Auto Workers (UAW)...more
4) EXCESSIVE GOVERNMENT INTERFERENCE & POOR MANAGEMENT
● Automakers have to pay for facilities they will probably never use again to support revenue bonds for municipalities
GM owns or leases enormous amounts of property for facilities it's not using and probably will never use again, and is obliged to support revenue bonds for municipalities that issued them to build these facilities...more
● State Laws Protect Dealers from Termination
The Big 3 have to keep 15,710 independent dealerships happy nationwide, compared to only 4,000 for all their Japanese competitors...more
GM knows it needs fewer brands and dealers, but the dealers are protected from termination by state laws. This makes eliminating them and the brands they sell very expensive...more
● Antiquated dealership structures
These prevent the Big 3 from instituting modern and more flexible inventory-management practices and selling cars over the Internet.
● Protectionism
Years of protectionism, such as import restrictions, complex fleet requirements, and regulations that raise costs for foreign producers, shielded the Big 3 from competition in vital markets. Since the Big 3 felt unchallenged, their creativity evaporated...more
● No Incentive. No Vision.
Fat years and government interference allowed the automakers, the union and their workers to put off restructuring their labor agreements even as foreign competitors opened U.S. plants that could produce cars of higher quality with fewer workers and at less cost...more
If GM and the others have done so much to raise productivity and improve their products, they would attract private capital. Investors are always looking for profitable ventures.
Why should we “trust the same management and union officials who got the Big Three into this mess to get them out?”
“If no private investors believe the Big Three restructuring plans are realistic enough to support with their own money, why should we put up taxpayer money?”...more
5) SELFISH LABOR UNION-The United Auto Workers (UAW)
● The labor union UAW loves money too:
The UAW's "net assets reportedly worth an estimated $1.23 billion....annual income from member dues, interest and other revenues exceeded $300 million in 2006."
Make UAW Sell its Championship Golf Course Before a Bailout
● The UAW owns an upscale golf course (!!!)
which "complements the Center’s recreational facilities....a beautiful gym with two full-sized basketball courts, an Olympic-size indoor pool, and exercise and weight room, table-tennis and pool tables, a sauna, beaches, walking and bike trails, softball and soccer fields and a boat launch ramp." Even that, the UAW could not manage:
Money pit: The UAW’s gold-plated golf course
● The UAW resisted making any concessions
until 2007 - when bankruptcy became an impending reality.
● The UAW cared only about getting juicy labor contracts.
It didn’t care if the company was profitable. Their ridiculous standards are not sustainable in a competitive economy.
● The UAW will lose if the Big 3 go into bankruptcy
because a bankruptcy judge could order union contracts to be renegotiated to reflect competitive realities.
● It's actually a UAW bailout:
The so-called automaker bailout should be called a UAW bailout. The union will not allow companies to deploy capital in ways that the market would dictate such as closing plants and layoffs. That's why UAW opposed the GM/Chrysler merger and a government role in it. more
BAILOUT IS NOT THE ANSWER
● A bailout will hurt the overall economy by misallocating resources.
● A bailout will encourage other industries to seek taxpayer handouts.
● A bailout is a perverse transfer from middle-class to top earners...more
● Fascism: politicians deciding who gets those resources? Congressmen will make their decisions on the basis of political considerations, such as who gave them contributions or might finance a get-out-the-vote drive in the next election. Having Congress tell auto companies how to make cars and what to pay executives is offensive...more
Bailouts keep the companies dependent on government aid.
BANKRUPTCY IS THE ANSWER
Reorganization under Chapter 11 of the bankruptcy code will allow for:
● State protection for dealers to disappear.
● Labor contracts to be renegotiated.
● Pension plans to be terminated or transferred.
● Health benefits to be renegotiated.
● Mortgaged assets to be abandoned, so plants could be closed...more
The companies need to cleanse themselves of bad investments born of years of policy errors and managerial blunders.
LATEST
See how your Representatives voted: (great work from MichelleMalkin.com)
● House: House passes UAW bailout 237-170. Check how your Congressmen voted
● Senate: Final roll call vote on the UAW bailout. Final vote: 52-35. FAIL!
What’s next?
They will not stop until they socialize the whole country. Mr. Bush, you are wrong, too. When have you seen liberals happily working with President Bush? Only when the goal is to destroy America.
● Bush May Tap $700B Bailout For Big Three
● No TARP money for UAW bailout: It’s illegal
Call it what you want.
The consequence is the same:
BIGGER GOVERNMENT.
LESS INDIVIDUAL FREEDOMS.
Give away money, and you'll get an endless line of takers.
photo: sunshinespartyrentals.com
1) ABUSIVE LABOR UNION REQUIREMENTS
The Union: The United Auto Workers (UAW)
The Big 3: Automakers GM, Ford, and Chrysler in Detroit
The UAW labor union has handcuffed Detroit’s Big 3 automakers with unreasonable, unrealistic burdens and inflexible, anti-competitive work rules.
● Wages $75 per hour. While Toyota pays $48.00
Union contracts force the Big 3 to pay UAW workers approx. $30 more per hour than competitors like Toyota. more
Union workers earn $75 an hour in wages and benefits - almost triple the earnings of the average private sector worker. more
● Health care adds $1,200 to the cost of each vehicle. But only $215 for Toyota.
Union autoworkers have substantially more health, retirement, and paid time off benefits than most Americans. The UAW's lavish and comprehensive health benefits added $1,200 to the cost of each vehicle produced in the United States.The Japanese automakers provide standard health benefits to their American employees. So, health care for active workers cost Toyota $215 per vehicle in 2006.
● Retire after 30 years of service
UAW employees work under a 30-and-Out contract that allows them to retire with generous pension benefits after 30 years on the job, irrespective of age.
● Seven weeks' vacation
A Chrysler worker with 15 years' tenure was entitled to 34.5 paid holidays and
vacation days in 2006 -- seven weeks in paid time off. This is three weeks more paid vacation than the average private sector worker with similar tenure.● More Retirees Than Active Workers
GM support three times more retirees than active workers. They also pay other contractual obligations such as health coverage for union retirees.
● 22-Pounds of Union Rules and Regulations
That is 2,215 pages for Ford's 2007 master contract.
If you want to read the contracts for Ford, GM, Chrysler,
visit: “22 Pounds of UAW Rules and Regulations”, LaborPains.org
Hat tip: MichelleMalkin.com)
2) PAYING WORKERS TO NOT WORK
UAW's "Jobs Bank" program guarantees that UAW workers are paid nearly full wages to NOT work. Under UAW contracts, workers whom the automakers let go when plants close are not laid off. Instead, after exhausting regular unemployment payments from the automakers and the government, they are transferred to a JOBS bank where they are paid nearly full wages to not work...more
3) IDIOTIC GOVERNMENT STANDARDS
Government is forcing them to make cars that Americans won't buy. Federal mileage standards are forcing car manufacturers to produce small cars that make little or no profit at plants organized by the United Auto Workers (UAW)...more
4) EXCESSIVE GOVERNMENT INTERFERENCE & POOR MANAGEMENT
● Automakers have to pay for facilities they will probably never use again to support revenue bonds for municipalities
GM owns or leases enormous amounts of property for facilities it's not using and probably will never use again, and is obliged to support revenue bonds for municipalities that issued them to build these facilities...more
● State Laws Protect Dealers from Termination
The Big 3 have to keep 15,710 independent dealerships happy nationwide, compared to only 4,000 for all their Japanese competitors...more
GM knows it needs fewer brands and dealers, but the dealers are protected from termination by state laws. This makes eliminating them and the brands they sell very expensive...more
● Antiquated dealership structures
These prevent the Big 3 from instituting modern and more flexible inventory-management practices and selling cars over the Internet.
● Protectionism
Years of protectionism, such as import restrictions, complex fleet requirements, and regulations that raise costs for foreign producers, shielded the Big 3 from competition in vital markets. Since the Big 3 felt unchallenged, their creativity evaporated...more
● No Incentive. No Vision.
Fat years and government interference allowed the automakers, the union and their workers to put off restructuring their labor agreements even as foreign competitors opened U.S. plants that could produce cars of higher quality with fewer workers and at less cost...more
If GM and the others have done so much to raise productivity and improve their products, they would attract private capital. Investors are always looking for profitable ventures.
Why should we “trust the same management and union officials who got the Big Three into this mess to get them out?”
“If no private investors believe the Big Three restructuring plans are realistic enough to support with their own money, why should we put up taxpayer money?”...more
5) SELFISH LABOR UNION-The United Auto Workers (UAW)
● The labor union UAW loves money too:
The UAW's "net assets reportedly worth an estimated $1.23 billion....annual income from member dues, interest and other revenues exceeded $300 million in 2006."
Make UAW Sell its Championship Golf Course Before a Bailout
● The UAW owns an upscale golf course (!!!)
which "complements the Center’s recreational facilities....a beautiful gym with two full-sized basketball courts, an Olympic-size indoor pool, and exercise and weight room, table-tennis and pool tables, a sauna, beaches, walking and bike trails, softball and soccer fields and a boat launch ramp." Even that, the UAW could not manage:
Money pit: The UAW’s gold-plated golf course
● The UAW resisted making any concessions
until 2007 - when bankruptcy became an impending reality.
● The UAW cared only about getting juicy labor contracts.
It didn’t care if the company was profitable. Their ridiculous standards are not sustainable in a competitive economy.
● The UAW will lose if the Big 3 go into bankruptcy
because a bankruptcy judge could order union contracts to be renegotiated to reflect competitive realities.
● It's actually a UAW bailout:
The so-called automaker bailout should be called a UAW bailout. The union will not allow companies to deploy capital in ways that the market would dictate such as closing plants and layoffs. That's why UAW opposed the GM/Chrysler merger and a government role in it. more
BAILOUT IS NOT THE ANSWER
● A bailout will hurt the overall economy by misallocating resources.
● A bailout will encourage other industries to seek taxpayer handouts.
● A bailout is a perverse transfer from middle-class to top earners...more
● Fascism: politicians deciding who gets those resources? Congressmen will make their decisions on the basis of political considerations, such as who gave them contributions or might finance a get-out-the-vote drive in the next election. Having Congress tell auto companies how to make cars and what to pay executives is offensive...more
Bailouts keep the companies dependent on government aid.
BANKRUPTCY IS THE ANSWER
Reorganization under Chapter 11 of the bankruptcy code will allow for:
● State protection for dealers to disappear.
● Labor contracts to be renegotiated.
● Pension plans to be terminated or transferred.
● Health benefits to be renegotiated.
● Mortgaged assets to be abandoned, so plants could be closed...more
The companies need to cleanse themselves of bad investments born of years of policy errors and managerial blunders.
LATEST
See how your Representatives voted: (great work from MichelleMalkin.com)
● House: House passes UAW bailout 237-170. Check how your Congressmen voted
● Senate: Final roll call vote on the UAW bailout. Final vote: 52-35. FAIL!
What’s next?
They will not stop until they socialize the whole country. Mr. Bush, you are wrong, too. When have you seen liberals happily working with President Bush? Only when the goal is to destroy America.
● Bush May Tap $700B Bailout For Big Three
● No TARP money for UAW bailout: It’s illegal
CREATING A COMMUNIST USA
Confiscations, Censorship, Indoctrination
PREPARING THE TERRAIN
“They must feel so frustrated...in the prevailing system that they are willing to let go the past and CHANGE the future” Communist Saul Alinsky (Obama's mentor)
CONFISCATIONS IN USA
WE ARE LOSING OUR FREEDOMS....READ & WEEP:
report: NY Times: Treasury Dept Forced CEOs of the 9 Largest Banks to Sell Shares to the Government
report: Democrats To Abolish 401(k) Tax Breaks
report: Democrats Plan to Confiscate Your Pension
“U.S. government but would be required to invest 5 percent of their pay into a guaranteed retirement account administered by the Social Security Administration…. tax breaks on 401(k) contributions and earnings would be eliminated.…plan would amount to a tax increase on workers making more than $75,000--considerably less than the $250,000 Barack Obama has said would be his tax-hike cutoff. In addition, workers would be able to pass on only half of their account balances to their heirs; presumably the government would seize the remaining half.”
Oct. 2008 Hearing on the effect of the financial crisis on pension funds and 401(k) plans. Look for testimony from Teresa Ghilarducci, professor for New York School for Social Research. Click PLAY to watch video
CENSORSHIP COMING
DEMOCRATS WANT TO REINSTALL THE "FAIRNESS DOCTRINE" (a misnomer for Censorship)
The objective: to silence the few conservative sources
report: Democrats Plan to Limit Free Speech (source: RadioEqualizer)
report & video: Democrat Sen. Schumer: Conservative Opinion Equals Pornography
more on Censorship
'Fairness' Doctrine and Erick Holder
Congresswoman Pushes for Return of 'Fairness Doctrine' and Extend It to Cable and Satellite
Inside the world of Google censors
NYT Rosen’s piece on Google’s gatekeepers
EXPANDING GOVERNMENT
CREATE A CRISIS AND PEOPLE WILL RELINQUISH POWER TO GOVERNMENT
chart: Obama's 6% Degree of Separation to Financial Crisis (source: Babalulog)
video: How Financial Crisis Was Created
For more info, scroll to section 'Financial Crisis 101'
2009 BAILOUT ESTIMATE - $8 TRILLION
BAILOUT SUMMARY
2008 BAILOUT COSTS (estimate)
JANUARY 2008:
● $152 Billion The Stimulus Package
MARCH 2008:
● $29 Billion Bear Stearns
JULY 2008:
● $9 Billion IndyMac Bank seized by Federal Reserve
● $42.5 Billion Housing & Economic Recovery H.R. 3221
SEPT. 2008:
● $200 Billion Fannie Mae and Freddie Mac Takeover
● $87 Billion Lehman Brothers: repayments to JPMorgan
● $70 Billion Lehman Brothers
● $85 Billion AIG Bailout
● $50 Billion Money Market Mutual Fund Backings
● $700 Billion Bad Loans Bailout
----------------
$1.5 TRILLION DOLLARS (estimated)
BAILOUT UPDATES
facts: PIÑATA: WHY THE AUTOMAKERS FAILED
report: Bailout-mania: If you didn’t see this coming…
report: AP's Auto Bailout Coverage Nearly Ignores Excessive Labor Costs, Omits UAW's Concessions Refusal
report: AIG uses my money to tell me how taking more of my money is good for me
report: Coming: Massive Spending & Excessive Government Powers
report: WSJ: More Piňata-Bailouts
PSST . . . Bailout costs in 2008 alone: $1.5 TRILLION (estimated) . .
. . . Iraq War cost in 5 years: $648 Billion . . .
for more, see section 'Bailout vs. War Costs'
INDOCTRINATING YOUR KIDS
video: Teacher Bullying Kids for NOT Supporting Obama
the teacher: Diantha Harris
the place: at the time of the video, Diantha Harris was a schoolteacher in Asheville. She is now 'teaching' in Cumberland County, N.C. near the military Fort Bragg.
the date: May 2008.
Curious note: this video is not from the American media, it's from Finland's Swedish TV...yep, our media fails to report again.
Action: Are you going to accept this? Cumberland contact info (Hat tip: Citizenwells, MichelleMalkin)
MEDIA FRAUD
MEDIA TOOK OBAMA TO PRESIDENCY
The Media Failed to Report on:
● Obama's Contradictory Statements, more
-----"Obama has gotten away with blatant position switches, political opportunism, and
-----outright lying while floating above us all as the post-partisan redeemer of America."
● Obama's friendship with domestic terrorist, Bill Ayers, who dedicated his book to killer of Robert F. Kennedy.
● Bill Ayers’ relationship to Cuban Intelligence,
● Obama's friendship with PLO activist, Rashid Khalidi
● LA Times Refused to Release Video Showing Obama Partying With Pro-Terrorists & Anti-Israeli Radicals. Khalidi tape
● Obama's friendship & business transactions with indicted Tony Rezko
● Obama connection with leftists agitators from ACORN
● ACORN's voter registrations fraud
● Obama caimpaign credit card fraud
● Obama anti-business plans: Obama said he'll destroy coal industry
...more Media Unfinished Homework...
Would the media do their work and investigate who donated $200 or less to Obama?
Bloggers reported that King Kong, Mong Kong, Daffy Duck and jkbkj Hbkjb had donated to Obama. Others gave multiple donations under $200 totaling far more than the individual limit. Those small donations added to $280 Millions - the major block of Obama's donors. (for more, go to sections 'Donor Fraud', 'Voter Fraud') Where are the investigations?
source: FEC's records
NOTE TO PONDER: What if Bush had done any of this? Why the double standard?
THE MEDIA ALREADY GRABBING THEIR ANKLES FOR OBAMA
● FOXNEWS Felt the Need to Destroy Gov. Palin ... more
Carl Cameron reports McCain staffers saying Gov. Palin is problematic & stupid. Is this reporting or hearsay? If we are going to accept their premise, will they report on the Obama campaign rift? No? Why? Either Chairman Obama does not allow dissent or there were no humans in the Obama campaign. In-fights are normal since humans have independent minds, except when you have mass mentality. Is the media going to report line by line how Obama spent $573 millions? How many poor people could have been fed? (!!) No surprise from FoxNews, conservatives there are the super-minority (Hannity....the others just pretend-to-be-nonliberal or pretend-to-be-nonpartisans.) Months ago FoxNews met with Obama: Call it a Truce.
ACTION: --->Send a message to Sarah Palin (after sending the message, watch out there are leftist petitions as well) --->Gov. Palin’s contact information --->Bloggers calling to boycott Fox for one week for their hatchet job on Sarah Palin. Give them some spine so they can report the facts not innuendo.
● MSNBC Chris Matthews Says He'll be Obama's Soldier ...more
Matthews said it's his job as journalist to make Obama Presidency a success. No surprise here either. He is a Democrat as listed on his site: he was speechwriter to Democrat Jimmy Carter, top aide to Democrats Tip O'Neill, Democrat Frank Moss, Democrat Edmund Muskie. He failed at his run as Democrat for Congress. Back in February after Obama spoke, he said he 'felt this thrill going up my leg.' Unfortunately, Matthews could not be a journalist and report the facts all these years.
-------------------------------------------------------------
PREPARING THE TERRAIN
“They must feel so frustrated...in the prevailing system that they are willing to let go the past and CHANGE the future” Communist Saul Alinsky (Obama's mentor)
CONFISCATIONS IN USA
WE ARE LOSING OUR FREEDOMS....READ & WEEP:
report: NY Times: Treasury Dept Forced CEOs of the 9 Largest Banks to Sell Shares to the Government
report: Democrats To Abolish 401(k) Tax Breaks
report: Democrats Plan to Confiscate Your Pension
“U.S. government but would be required to invest 5 percent of their pay into a guaranteed retirement account administered by the Social Security Administration…. tax breaks on 401(k) contributions and earnings would be eliminated.…plan would amount to a tax increase on workers making more than $75,000--considerably less than the $250,000 Barack Obama has said would be his tax-hike cutoff. In addition, workers would be able to pass on only half of their account balances to their heirs; presumably the government would seize the remaining half.”
Oct. 2008 Hearing on the effect of the financial crisis on pension funds and 401(k) plans. Look for testimony from Teresa Ghilarducci, professor for New York School for Social Research. Click PLAY to watch video
CENSORSHIP COMING
DEMOCRATS WANT TO REINSTALL THE "FAIRNESS DOCTRINE" (a misnomer for Censorship)
The objective: to silence the few conservative sources
report: Democrats Plan to Limit Free Speech (source: RadioEqualizer)
report & video: Democrat Sen. Schumer: Conservative Opinion Equals Pornography
more on Censorship
'Fairness' Doctrine and Erick Holder
Congresswoman Pushes for Return of 'Fairness Doctrine' and Extend It to Cable and Satellite
Inside the world of Google censors
NYT Rosen’s piece on Google’s gatekeepers
EXPANDING GOVERNMENT
CREATE A CRISIS AND PEOPLE WILL RELINQUISH POWER TO GOVERNMENT
chart: Obama's 6% Degree of Separation to Financial Crisis (source: Babalulog)
video: How Financial Crisis Was Created
For more info, scroll to section 'Financial Crisis 101'
2009 BAILOUT ESTIMATE - $8 TRILLION
BAILOUT SUMMARY
2008 BAILOUT COSTS (estimate)
JANUARY 2008:
● $152 Billion The Stimulus Package
MARCH 2008:
● $29 Billion Bear Stearns
JULY 2008:
● $9 Billion IndyMac Bank seized by Federal Reserve
● $42.5 Billion Housing & Economic Recovery H.R. 3221
SEPT. 2008:
● $200 Billion Fannie Mae and Freddie Mac Takeover
● $87 Billion Lehman Brothers: repayments to JPMorgan
● $70 Billion Lehman Brothers
● $85 Billion AIG Bailout
● $50 Billion Money Market Mutual Fund Backings
● $700 Billion Bad Loans Bailout
----------------
$1.5 TRILLION DOLLARS (estimated)
BAILOUT UPDATES
facts: PIÑATA: WHY THE AUTOMAKERS FAILED
report: Bailout-mania: If you didn’t see this coming…
report: AP's Auto Bailout Coverage Nearly Ignores Excessive Labor Costs, Omits UAW's Concessions Refusal
report: AIG uses my money to tell me how taking more of my money is good for me
report: Coming: Massive Spending & Excessive Government Powers
report: WSJ: More Piňata-Bailouts
PSST . . . Bailout costs in 2008 alone: $1.5 TRILLION (estimated) . .
. . . Iraq War cost in 5 years: $648 Billion . . .
for more, see section 'Bailout vs. War Costs'
INDOCTRINATING YOUR KIDS
video: Teacher Bullying Kids for NOT Supporting Obama
the teacher: Diantha Harris
the place: at the time of the video, Diantha Harris was a schoolteacher in Asheville. She is now 'teaching' in Cumberland County, N.C. near the military Fort Bragg.
the date: May 2008.
Curious note: this video is not from the American media, it's from Finland's Swedish TV...yep, our media fails to report again.
Action: Are you going to accept this? Cumberland contact info (Hat tip: Citizenwells, MichelleMalkin)
MEDIA FRAUD
MEDIA TOOK OBAMA TO PRESIDENCY
The Media Failed to Report on:
● Obama's Contradictory Statements, more
-----"Obama has gotten away with blatant position switches, political opportunism, and
-----outright lying while floating above us all as the post-partisan redeemer of America."
● Obama's friendship with domestic terrorist, Bill Ayers, who dedicated his book to killer of Robert F. Kennedy.
● Bill Ayers’ relationship to Cuban Intelligence,
● Obama's friendship with PLO activist, Rashid Khalidi
● LA Times Refused to Release Video Showing Obama Partying With Pro-Terrorists & Anti-Israeli Radicals. Khalidi tape
● Obama's friendship & business transactions with indicted Tony Rezko
● Obama connection with leftists agitators from ACORN
● ACORN's voter registrations fraud
● Obama caimpaign credit card fraud
● Obama anti-business plans: Obama said he'll destroy coal industry
...more Media Unfinished Homework...
Would the media do their work and investigate who donated $200 or less to Obama?
Bloggers reported that King Kong, Mong Kong, Daffy Duck and jkbkj Hbkjb had donated to Obama. Others gave multiple donations under $200 totaling far more than the individual limit. Those small donations added to $280 Millions - the major block of Obama's donors. (for more, go to sections 'Donor Fraud', 'Voter Fraud') Where are the investigations?
source: FEC's records
NOTE TO PONDER: What if Bush had done any of this? Why the double standard?
THE MEDIA ALREADY GRABBING THEIR ANKLES FOR OBAMA
● FOXNEWS Felt the Need to Destroy Gov. Palin ... more
Carl Cameron reports McCain staffers saying Gov. Palin is problematic & stupid. Is this reporting or hearsay? If we are going to accept their premise, will they report on the Obama campaign rift? No? Why? Either Chairman Obama does not allow dissent or there were no humans in the Obama campaign. In-fights are normal since humans have independent minds, except when you have mass mentality. Is the media going to report line by line how Obama spent $573 millions? How many poor people could have been fed? (!!) No surprise from FoxNews, conservatives there are the super-minority (Hannity....the others just pretend-to-be-nonliberal or pretend-to-be-nonpartisans.) Months ago FoxNews met with Obama: Call it a Truce.
ACTION: --->Send a message to Sarah Palin (after sending the message, watch out there are leftist petitions as well) --->Gov. Palin’s contact information --->Bloggers calling to boycott Fox for one week for their hatchet job on Sarah Palin. Give them some spine so they can report the facts not innuendo.
● MSNBC Chris Matthews Says He'll be Obama's Soldier ...more
Matthews said it's his job as journalist to make Obama Presidency a success. No surprise here either. He is a Democrat as listed on his site: he was speechwriter to Democrat Jimmy Carter, top aide to Democrats Tip O'Neill, Democrat Frank Moss, Democrat Edmund Muskie. He failed at his run as Democrat for Congress. Back in February after Obama spoke, he said he 'felt this thrill going up my leg.' Unfortunately, Matthews could not be a journalist and report the facts all these years.
-------------------------------------------------------------
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