"Despite terrible weather in many cases, citizens braved the wind, cold, and rain to exercise their Constitutional right to protest the current direction of the country under Barack Obama and the Democrats.
In St. Louis, over 1500 attended the Tea Party at the famous arch.
In Chicago, between 800 and 1000 braved the bad weather to gather to protest the massive spending of taxpayers' money by the federal government.
Atlanta was the site of another well-attended Tea Party.
Many smaller towns and cities participated in the semi-simultaneous events around the country, such as Shelby, Alabama, Asheville, North Carolina, and Greenville, South Carolina."
http://www.examiner.com/x-3704-Columbia-Conservative-Examiner~y2009m2d28-From-across-America-Tea-Party-roundupsuccess
Saturday, February 28, 2009
Readers turn to Atlas Shrugged to fend off Obama
Washington, D.C., February 23, 2009--Sales of Ayn Rand’s “Atlas Shrugged” have almost tripled over the first seven weeks of this year compared with sales for the same period in 2008. This continues a strong trend after bookstore sales reached an all-time annual high in 2008 of about 200,000 copies sold.
“Americans are flocking to buy and read ‘Atlas Shrugged’ because there are uncanny similarities between the plot-line of the book and the events of our day” said Yaron Brook, Executive Director at the Ayn Rand Center for Individual Rights. “Americans are rightfully concerned about the economic crisis and government’s increasing intervention and attempts to control the economy. Ayn Rand understood and identified the deeper causes of the crisis we’re facing, and she offered, in ‘Atlas Shrugged,’ a principled and practical solution consistent with American values."
http://www.aynrand.org/site/News2?page=NewsArticle&id=22647
“Americans are flocking to buy and read ‘Atlas Shrugged’ because there are uncanny similarities between the plot-line of the book and the events of our day” said Yaron Brook, Executive Director at the Ayn Rand Center for Individual Rights. “Americans are rightfully concerned about the economic crisis and government’s increasing intervention and attempts to control the economy. Ayn Rand understood and identified the deeper causes of the crisis we’re facing, and she offered, in ‘Atlas Shrugged,’ a principled and practical solution consistent with American values."
http://www.aynrand.org/site/News2?page=NewsArticle&id=22647
Friday, February 27, 2009
Arab prof outlines plot to kill 330,000 Americans
"A professor from Kuwait, the country liberated from Saddam Hussein's attack squads by the United States in the first Gulf War, has called Islamic terrorists "the most honorable people in the world" and has outlined on Arab television a potential terror attack that would involve smuggling anthrax from Mexico into the U.S. and killing 330,000 people in 60 minutes.
The plan was described by Abdallah Al-Nafisi in a speech that aired on Al-Jazeera television Feb. 2, according to MEMRI, the Middle East Media Research Institute, an independent nonprofit that provides translations and analysis of media reports.
Al-Nafisi, whose school affiliation was not identified, says: "Four pounds of anthrax – in a suitcase this big – carried by a fighter through tunnels from Mexico into the U.S., are guaranteed to kill 330,000 Americans within a single hour, if it is properly spread in population centers there."
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=90019
The plan was described by Abdallah Al-Nafisi in a speech that aired on Al-Jazeera television Feb. 2, according to MEMRI, the Middle East Media Research Institute, an independent nonprofit that provides translations and analysis of media reports.
Al-Nafisi, whose school affiliation was not identified, says: "Four pounds of anthrax – in a suitcase this big – carried by a fighter through tunnels from Mexico into the U.S., are guaranteed to kill 330,000 Americans within a single hour, if it is properly spread in population centers there."
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=90019
Science advisor favors planetary government
"When Barack Obama nominated John P. Holdren as his Science Adviser last December 20, the president-elect stated "promoting science isn’t just about providing resources" but "ensuring that facts and evidence are never twisted or obscured by politics or ideology."
In nominating John Holdren, his words could scarcely have taken a more Orwellian ring. Some critics have noted Holdren's penchant for making apocalyptic predictions that never come to pass, and categorizing all criticism of his alarmist views as not only wrong but dangerous.
What none has yet noted is that Holdren is a globalist who has endorsed "surrender of sovereignty" to "a comprehensive Planetary Regime" that would control all the world's resources, direct global redistribution of wealth, oversee the "de-development" of the West, control a World Army and taxation regime, and enforce world population limits.
He has castigated the United States as "the meanest of wealthy countries," written a justification of compulsory abortion for American women, advocated drastically lowering the U.S. standard of living, and left the door open to trying global warming "deniers" for crimes against humanity. Such is Barack Obama's idea of a clear-headed adviser on matters of scientific policy."
http://www.frontpagemag.com/Articles/Read.aspx?GUID=1FDD71E4-B9E4-4FAD-9868-2936193BF8F1
In nominating John Holdren, his words could scarcely have taken a more Orwellian ring. Some critics have noted Holdren's penchant for making apocalyptic predictions that never come to pass, and categorizing all criticism of his alarmist views as not only wrong but dangerous.
What none has yet noted is that Holdren is a globalist who has endorsed "surrender of sovereignty" to "a comprehensive Planetary Regime" that would control all the world's resources, direct global redistribution of wealth, oversee the "de-development" of the West, control a World Army and taxation regime, and enforce world population limits.
He has castigated the United States as "the meanest of wealthy countries," written a justification of compulsory abortion for American women, advocated drastically lowering the U.S. standard of living, and left the door open to trying global warming "deniers" for crimes against humanity. Such is Barack Obama's idea of a clear-headed adviser on matters of scientific policy."
http://www.frontpagemag.com/Articles/Read.aspx?GUID=1FDD71E4-B9E4-4FAD-9868-2936193BF8F1
Anti-American actions no bar to defense contracts
"Companies that defrauded the United States and jeopardized American lives received new government work despite rulings designed to stop them from receiving federal contracts, government investigators report.
Payments went to a company whose president tried to sell nuclear bomb parts to North Korea, a company that jeopardized lives on the aircraft carrier USS John F. Kennedy, and a seller of body armor that the Air Force said was defective.
The companies were on a government database of 70,000 individuals and businesses suspended or barred by various U.S. agencies from receiving government contract work."
http://townhall.com/news/politics-elections/2009/02/27/firms_defraud_government_but_get_new_us_contracts
Payments went to a company whose president tried to sell nuclear bomb parts to North Korea, a company that jeopardized lives on the aircraft carrier USS John F. Kennedy, and a seller of body armor that the Air Force said was defective.
The companies were on a government database of 70,000 individuals and businesses suspended or barred by various U.S. agencies from receiving government contract work."
http://townhall.com/news/politics-elections/2009/02/27/firms_defraud_government_but_get_new_us_contracts
Obamania is starting to subside, polls say
"The media may be smitten with President Barack Obama, but recent Gallup poll results show Americans giving the new president lower marks after one month in the White House than former President George W. Bush earned at the same point in his administration.
Heading into this week’s address to Congress, the Gallup figures showed 59 percent of Americans approved of Obama’s efforts so far, while 25 percent disapproved, and 16 percent had no opinion. According to PollingReport.com, President Bush had a 62 percent approval rating one month into his first term, with 21 percent disapproving, and 17 percent having no opinion."
http://www.newsmax.com/insidecover/obama_popularity_bush/2009/02/26/186061.html?s=al&promo_code=7B19-1
Heading into this week’s address to Congress, the Gallup figures showed 59 percent of Americans approved of Obama’s efforts so far, while 25 percent disapproved, and 16 percent had no opinion. According to PollingReport.com, President Bush had a 62 percent approval rating one month into his first term, with 21 percent disapproving, and 17 percent having no opinion."
http://www.newsmax.com/insidecover/obama_popularity_bush/2009/02/26/186061.html?s=al&promo_code=7B19-1
Thursday, February 26, 2009
Obama, too, whores for hispanic votes
Here's another thing that will not change even though the "change" candidate now inhabits the White House: the Obama White House will whore after hispanic votes just as the Bush White House did, sacrificing the interests of low-income American workers to the interests of politicians.
The headline story: "Immigrant rights groups blasted President Obama on Wednesday for breaking what they called his "personal commitment" to change Bush-era immigration raids after U.S. authorities raided an engine machine shop in Washington state and detained illegal immigrants.
The Obama administration itself seemed taken aback by the raid by U.S. Immigration and Customs Enforcement agents, with Homeland Security Secretary Janet Napolitano vowing to Congress that she would "get to the bottom of this."
http://www.washingtontimes.com/news/2009/feb/26/raid-on-immigrants-alarms-obama-backers/
The headline story: "Immigrant rights groups blasted President Obama on Wednesday for breaking what they called his "personal commitment" to change Bush-era immigration raids after U.S. authorities raided an engine machine shop in Washington state and detained illegal immigrants.
The Obama administration itself seemed taken aback by the raid by U.S. Immigration and Customs Enforcement agents, with Homeland Security Secretary Janet Napolitano vowing to Congress that she would "get to the bottom of this."
http://www.washingtontimes.com/news/2009/feb/26/raid-on-immigrants-alarms-obama-backers/
Tuesday, February 24, 2009
Up to 7 million illegals hold jobs in U.S.
"Who is getting the jobs for which these native-born black and Hispanic young could qualify?
Illegal aliens hold literally millions of them.
Last week, the CIS reported, "An estimated 6 to 7 million illegal immigrants are currently holding jobs. Prior research indicates they are overwhelmingly employed in lower-skilled and lower-paying jobs." [Unemployment for Immigrants and the US-Born: Picture Bleak for Less-Educated Black & Hispanic Americans By Steven A. Camarota, February 2009]
Exactly what sort of jobs?
"Illegals are primarily employed in construction, building cleaning and maintenance, food preparation, service and processing, transportation and moving occupations and agriculture."
With the exception of agriculture, a majority of the workers in these occupations are native-born Americans. Thus, illegal aliens are taking jobs Americans are not only willing to do, but are doing, and taking 7 million of these jobs from young Americans now out of work.
By failing to enforce U.S. immigration laws, the government of the United States is selling America's working class down the river."
http://www.vdare.com/buchanan/090223_courage.htm
Illegal aliens hold literally millions of them.
Last week, the CIS reported, "An estimated 6 to 7 million illegal immigrants are currently holding jobs. Prior research indicates they are overwhelmingly employed in lower-skilled and lower-paying jobs." [Unemployment for Immigrants and the US-Born: Picture Bleak for Less-Educated Black & Hispanic Americans By Steven A. Camarota, February 2009]
Exactly what sort of jobs?
"Illegals are primarily employed in construction, building cleaning and maintenance, food preparation, service and processing, transportation and moving occupations and agriculture."
With the exception of agriculture, a majority of the workers in these occupations are native-born Americans. Thus, illegal aliens are taking jobs Americans are not only willing to do, but are doing, and taking 7 million of these jobs from young Americans now out of work.
By failing to enforce U.S. immigration laws, the government of the United States is selling America's working class down the river."
http://www.vdare.com/buchanan/090223_courage.htm
Monday, February 23, 2009
New Obama bill riddled with 9,000 earmarks
WASHINGTON — During the 2008 presidential campaign, candidates Barack Obama and John McCain fought vigorously over who would be toughest on congressional earmarks.
"We need earmark reform," Obama said in September during a presidential debate in Oxford, Miss. "And when I'm president, I will go line by line to make sure that we are not spending money unwisely."
President Barack Obama should prepare to carve out a lot of free time and keep the coffee hot this week as Congress prepares to unveil a $410 billion omnibus spending bill that's riddled with thousands of earmarks, despite his calls for restraint and efforts on Capitol Hill to curtail the practice.
The bill will contain about 9,000 earmarks totaling $5 billion, congressional officials say. Many of the earmarks — loosely defined as local projects inserted by members of Congress — were inserted last year as the spending bills worked their way through various committees.
http://www.newsmax.com/insidecover/stimulus_bill_earmarks/2009/02/23/184512.html?s=al&promo_code=7ACC-1
"We need earmark reform," Obama said in September during a presidential debate in Oxford, Miss. "And when I'm president, I will go line by line to make sure that we are not spending money unwisely."
President Barack Obama should prepare to carve out a lot of free time and keep the coffee hot this week as Congress prepares to unveil a $410 billion omnibus spending bill that's riddled with thousands of earmarks, despite his calls for restraint and efforts on Capitol Hill to curtail the practice.
The bill will contain about 9,000 earmarks totaling $5 billion, congressional officials say. Many of the earmarks — loosely defined as local projects inserted by members of Congress — were inserted last year as the spending bills worked their way through various committees.
http://www.newsmax.com/insidecover/stimulus_bill_earmarks/2009/02/23/184512.html?s=al&promo_code=7ACC-1
Obama's great idea: do an Alinsky-style census
"This is nothing more than a political land grab," Congressman Jason Chaffetz, R-Utah, said of Barack Obama’s Chicago-style political decision to bring the influential role of conducting the U.S. Census under White House influence.
This single act should end any further bipartisanship. Obama is executing raw power politics as taught by his role model, leftist Chicago organizer Saul Alinsky.
Alinsky pioneered this in-your-face style of political move. Practically, this means that Rahm Emanuel, the White House Chief of Staff and the former Democratic congressional campaign chairman -- who has tax problems, ethics problems and negotiated with impeached Gov. Rod Blagojevich -- will be in charge of the process that determines congressional redistricting and the makeup of the Electoral College."
http://www.frontpagemag.com/Articles/Read.aspx?GUID=E7AFB2E4-47C2-4FCF-8480-E5E4393A1EDA
This single act should end any further bipartisanship. Obama is executing raw power politics as taught by his role model, leftist Chicago organizer Saul Alinsky.
Alinsky pioneered this in-your-face style of political move. Practically, this means that Rahm Emanuel, the White House Chief of Staff and the former Democratic congressional campaign chairman -- who has tax problems, ethics problems and negotiated with impeached Gov. Rod Blagojevich -- will be in charge of the process that determines congressional redistricting and the makeup of the Electoral College."
http://www.frontpagemag.com/Articles/Read.aspx?GUID=E7AFB2E4-47C2-4FCF-8480-E5E4393A1EDA
The race industry: still alive and looking for growth
"Education bureaucrats maintain an incessant harangue on white racism because they see the writing on the wall: most students are indifferent to race and just want to get along.
If left to themselves, they would go about their business perfectly happily and color-blindly, and the race industry would wither on the vine.
Thus the institutional imperative to remind black students constantly about their victimization and the white students about their guilt. Last month, the elite Phillips Academy at Andover proudly announced a student presentation on White Privilege: A History and Its Role in Education.
Would the student have come up with such a topic on her own without the school’s educators deliberately immersing her in such trivial matters? Of course not."
http://www.frontpagemag.com/Articles/Read.aspx?GUID=93A2B6CE-2DFE-400F-9E1C-1F2767F8A3D5
If left to themselves, they would go about their business perfectly happily and color-blindly, and the race industry would wither on the vine.
Thus the institutional imperative to remind black students constantly about their victimization and the white students about their guilt. Last month, the elite Phillips Academy at Andover proudly announced a student presentation on White Privilege: A History and Its Role in Education.
Would the student have come up with such a topic on her own without the school’s educators deliberately immersing her in such trivial matters? Of course not."
http://www.frontpagemag.com/Articles/Read.aspx?GUID=93A2B6CE-2DFE-400F-9E1C-1F2767F8A3D5
ACORN activist accused of burglary
"Louis Beverly, an activist with the Association of Community Organizations for Reform Now (ACORN) who has tried to call attention to foreclosures in the city, is expected to turn himself in to police this morning and face a burglary charge, authorities said today.
He is being accused of breaking the padlock on a home so that the homeowner could reclaim the dwelling as part of a protest effort, according to city police.Last week, according to WJZ, ACORN called the act of breaking into Donna Hanks' home near Patterson Park an act of civil disobedience.
ACORN has been trying to draw attention to the foreclosure crisis in cities across the country, while also urging a moratorium on foreclosures."
http://www.baltimoresun.com/news/local/baltimore_city/bal-acorn0223,0,3348381.story
He is being accused of breaking the padlock on a home so that the homeowner could reclaim the dwelling as part of a protest effort, according to city police.Last week, according to WJZ, ACORN called the act of breaking into Donna Hanks' home near Patterson Park an act of civil disobedience.
ACORN has been trying to draw attention to the foreclosure crisis in cities across the country, while also urging a moratorium on foreclosures."
http://www.baltimoresun.com/news/local/baltimore_city/bal-acorn0223,0,3348381.story
No one dares speak of the recession's root cause
"There was overlending going on all over the world—yet the collapse started in a few rapidly Hispanicizing states in the U.S. Why?
You have to look at both sides of the equation: lending and repayment. In California and Company, not only was too much money being lent relative to past rates (which was happening in lots of other places, too), but, also, the earning capacity of the new homebuyers to pay back their loans was declining—as Americans moved out and Latin Americans moved in.
That double whammy in the Sand States of increasing lending and decreasing human capital is what blew the gasket on the world economy.
Of course, we also needed a third element—political correctness—to keep investors from noticing what was happening."
http://www.vdare.com/
You have to look at both sides of the equation: lending and repayment. In California and Company, not only was too much money being lent relative to past rates (which was happening in lots of other places, too), but, also, the earning capacity of the new homebuyers to pay back their loans was declining—as Americans moved out and Latin Americans moved in.
That double whammy in the Sand States of increasing lending and decreasing human capital is what blew the gasket on the world economy.
Of course, we also needed a third element—political correctness—to keep investors from noticing what was happening."
http://www.vdare.com/
Sunday, February 22, 2009
Five states did most to burst the housing bubble
"When President Obama discusses his $275 billion mortgage bailout, he talks as if it was a national problem, caused by a national decline in home prices. "We must stem the spread of foreclosures and falling home values for all Americans," he says. But there is no national market for homes and no national price for homes. Instead, most of the United States will pay for the folly of few.
The beneficiaries of taxpayer charity will be highly concentrated in just five states - California, Nevada, Arizona, Florida and Michigan."
http://www.nypost.com/seven/02212009/postopinion/opedcolumnists/the_foreclosure_five_156287.htm
The beneficiaries of taxpayer charity will be highly concentrated in just five states - California, Nevada, Arizona, Florida and Michigan."
http://www.nypost.com/seven/02212009/postopinion/opedcolumnists/the_foreclosure_five_156287.htm
Obama's big spending is real, the funding imaginary
It is beginning to look as if President Obama looks upon his constituents, including those of us who are among the unwilling, as fools.
The latest evidence is his statement that he is about to embark on a deficit-cutting campaign by raising taxes on high-income earners. This, and cuts in war spending, he says, will whittle the deficits by as much as half.
Don't believe it. The deficits are real. The deficits that will materialize over the next several years just grew by a cumulative $1 trillion because of Obama's so-called stimulus package. That money will be spent.
The proposals to increase revenue, on the other hand, are theoretical at best, a head-fake at worst. They will require action by Congress. A wink here and a nod there, and Congress could kill any proposal to raise revenue, leaving the deficits at dangerous levels while absolving Obama of blame. His allies can say he tried.
This is not to impute insincerity to Obama. This is the way Washington works. If a real, intractible problem rears its head, invent a magical, theoretical solution to make it go away, at least for the time being.
Sure, the real problem will return. So what? There are always more theoretical solutions in the politicians' magic bag.
Obama is viewed favorably by 63 percent of Americans, while only 33 percent approve of Congress's performance, according to the Rasmussen Poll. In a face-off, Obama would have a clear advantage. But a faceoff is unlikely given that Congress approved the stimulus bill before any member of Congress could have known what was in it.
The latest evidence is his statement that he is about to embark on a deficit-cutting campaign by raising taxes on high-income earners. This, and cuts in war spending, he says, will whittle the deficits by as much as half.
Don't believe it. The deficits are real. The deficits that will materialize over the next several years just grew by a cumulative $1 trillion because of Obama's so-called stimulus package. That money will be spent.
The proposals to increase revenue, on the other hand, are theoretical at best, a head-fake at worst. They will require action by Congress. A wink here and a nod there, and Congress could kill any proposal to raise revenue, leaving the deficits at dangerous levels while absolving Obama of blame. His allies can say he tried.
This is not to impute insincerity to Obama. This is the way Washington works. If a real, intractible problem rears its head, invent a magical, theoretical solution to make it go away, at least for the time being.
Sure, the real problem will return. So what? There are always more theoretical solutions in the politicians' magic bag.
Obama is viewed favorably by 63 percent of Americans, while only 33 percent approve of Congress's performance, according to the Rasmussen Poll. In a face-off, Obama would have a clear advantage. But a faceoff is unlikely given that Congress approved the stimulus bill before any member of Congress could have known what was in it.
How Chris Dodd got lucky before Countrywide
"Ireland does not easily give up its secrets. That may have been one attraction it held for Sen. Christopher Dodd in 1994 when he became an owner of a refuge on nearly 10 acres on the Irish west coast.
The murky tale includes a felonious inside trader, a Kansas City businessman, a presidential pardon and what appears to be a financial bonanza to Dodd during the Irish property boom.
The saga of Dodd's lucrative Irish odyssey reveals that his two 2003 sweetheart loans from subprime mortgage titan Countrywide Financial were not the first time he enjoyed a financial advantage from a wealthy benefactor. The trail begins at one of New York's most desirable addresses."
http://www.courant.com/news/opinion/op_ed/hc-rennie0222.artfeb22,0,4471645.column
The murky tale includes a felonious inside trader, a Kansas City businessman, a presidential pardon and what appears to be a financial bonanza to Dodd during the Irish property boom.
The saga of Dodd's lucrative Irish odyssey reveals that his two 2003 sweetheart loans from subprime mortgage titan Countrywide Financial were not the first time he enjoyed a financial advantage from a wealthy benefactor. The trail begins at one of New York's most desirable addresses."
http://www.courant.com/news/opinion/op_ed/hc-rennie0222.artfeb22,0,4471645.column
Saturday, February 21, 2009
How to protest the destruction of America
"The internet is abuzz with chatter about organizing protests around the country to put an end to this madness on Wall Street and Pennsylvania Avenue. But I’ve talked to many people out there who have never organized a protest, and so they don’t have a clue where to begin. Here are 10 simple steps that you can follow to organize a protest in your own community. If you want more help, just send me an email at bsteinhauser @freedomworks.org and I’ll work with you one on one to help make your protest a success."
http://theconservativerevolution.com/freedomworks/how-to-organize-your-own-tea-party-protest/
http://theconservativerevolution.com/freedomworks/how-to-organize-your-own-tea-party-protest/
Bank failure, mortgage foreclosure maps online
Maps that show state by state stats on bank failures and mortgage foreclosures. Instapuncit notes that the maps with the worst calamities are pretty much the states that Barack Obama carried on Nov. 4.
http://money.cnn.com/news/storysupplement/economy/bank_failures/index.htm
http://money.cnn.com/news/storysupplement/economy/bank_failures/index.htm
The new political style: frantic action, no reform
"As California goes, says an old cliché, so goes the nation. Oh my.
These days, the Golden State leads the nation on economic and fiscal dysfunction, from the empty homes spread across the Central Valley to the highest state budget shortfall in the nation's history. Meanwhile, its political class pioneers denial in the face of catastrophe.
The spark for the immediate political crisis was a familiar Californian discovery, a fiscal hole of $41 billion. Gov. Arnold Schwarzenegger declared an "emergency" in November and took legislative leaders behind closed doors to hammer out a compromise. The budget adopted in a marathon session this week splits the baby, closing the deficit with spending cuts (hated by the left) and tax hikes (ditto the right), all the while largely failing to tackle the state's built-in structural defects."
http://online.wsj.com/article/SB123517419077037281.html
These days, the Golden State leads the nation on economic and fiscal dysfunction, from the empty homes spread across the Central Valley to the highest state budget shortfall in the nation's history. Meanwhile, its political class pioneers denial in the face of catastrophe.
The spark for the immediate political crisis was a familiar Californian discovery, a fiscal hole of $41 billion. Gov. Arnold Schwarzenegger declared an "emergency" in November and took legislative leaders behind closed doors to hammer out a compromise. The budget adopted in a marathon session this week splits the baby, closing the deficit with spending cuts (hated by the left) and tax hikes (ditto the right), all the while largely failing to tackle the state's built-in structural defects."
http://online.wsj.com/article/SB123517419077037281.html
Did the wordsmith Obama misspeak? Or slip up?
"With the Dow Jones Industrial Average making new lows, President Obama may have it exactly right. When he signed the so-called “stimulus” legislation on Tuesday, he said, “today does mark the beginning of the end.”
OK, he meant “the end of our economic problems.” But it was a peculiar choice of words for a man who is supposed to be so eloquent. It’s easily misunderstood — especially since every single effort he, his administration, and Congress have put forth to stabilize the economy has done nothing but drive the stock market lower and lower.
I wrote here several weeks ago that the “stimulus” bill would be an expensive dud — nothing but a big-government power-grab. And I wrote last week about what a disaster the unveiling of Treasury Secretary Timothy Geithner's half-baked bank rescue plan was. It's now gotten even worse, now that we can see a deadly surprises hidden in the "stimulus" bill, and now that we've heard the administration's plans for mortgage foreclosure relief."
http://www.smartmoney.com/Investing/Economy/The-Beginning-of-the-End-for-Investing/
OK, he meant “the end of our economic problems.” But it was a peculiar choice of words for a man who is supposed to be so eloquent. It’s easily misunderstood — especially since every single effort he, his administration, and Congress have put forth to stabilize the economy has done nothing but drive the stock market lower and lower.
I wrote here several weeks ago that the “stimulus” bill would be an expensive dud — nothing but a big-government power-grab. And I wrote last week about what a disaster the unveiling of Treasury Secretary Timothy Geithner's half-baked bank rescue plan was. It's now gotten even worse, now that we can see a deadly surprises hidden in the "stimulus" bill, and now that we've heard the administration's plans for mortgage foreclosure relief."
http://www.smartmoney.com/Investing/Economy/The-Beginning-of-the-End-for-Investing/
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