February 18, 2009
 

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"This was the moment when the rise of the oceans began to slow and our planet began to heal"

Barack Hussein Obama

 


 

 

 

 

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Obama And The Stock Mark

 

The American Sentinel blog observes that the next time you hear a Democratic talking head spouting the usual blame on Bush regarding the current economic crisis, remember that the stock market crash started once Wall Street realized Obama could actually become be elected.

It's not about the last 8 years, or the last 4 years.  After Clinton "the blameless one" handed off the dot bomb to Bush in 2001, the stock market floundered a bit as it recovered from ridiculous over pricing in tech stocks.  The market recovered in late 2002 and began a steady increase over the next 6 years.  This chart shows that crucial spikes and dips are strangely related to points in the election that showed Obama on the rise, and then McCain surging.  Once it became clear that Obama would win, the market dropped faster than flight 3407 over Buffalo.

Update: Investors reacted coolly to a $75 billion mortgage relief plan President Barack Obama introduced on Wednesday, that would provide incentives to mortgage lenders to help borrowers reduce their payments.

Wall Street extended its decline Wednesday after President Barack Obama released details of his $75 billion mortgage relief plan.  In midmorning trading, the Dow Jones industrial average fell 25.40, or 0.34 percent, to 7,527.20.  Broader stock indicators also slid.  The Standard & Poor’s 500 index fell 3.58, or 0.45 percent, to 785.59, and the Nasdaq composite index fell 4.80, or 0.33 percent, to 1,465.86.
21 States Claiming Sovereignty

 

 

It is completely out of control in Washington DC.

We have a bunch of bumbling idiots in charge of the treasury, and the country's future, who don't understand that you can't borrow money to pay off your debt -- but that is exactly what Obama is doing by signing his so-called, "stimulus bill."

Obama and the 111th Congress are the biggest bunch of over-reachers and underachievers we've ever had, and Obama's $1 trillion stimulus plan is the last straw -- taxing state patience, and resulting in the brewing sovereignty dispute.

It is time to refuse the unfunded mandates, audit the cost the federal programs like Medicaid, and the impact it is having on the states both financially and socially.

Peter Morici, a University Maryland business professor, said the all of the government spending "runs counter to the basic idea of Jeffersonian democracy, that it's the individual who knows best.  The government is there to set up a framework for the individual to prosper, succeed and create wealth."

The Tenth Amendment specifically provides, "The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people."

It will be interesting to see how this
Unbelievable! Russian Prime Minister Vladamir Putin has said the US should take a lesson from the pages of Russian history and not exercise "excessive intervention in economic activity and blind faith in the state’s omnipotence".

"In the 20th century, the Soviet Union made the state’s role absolute," Putin said during a speech at the opening ceremony of the World Economic Forum in Davos, Switzerland.  "In the long run, this made the Soviet economy totally uncompetitive.  This lesson cost us dearly.  I am sure nobody wants to see it repeated."

Sounding more like Barry Goldwater than the former head of the KGB, Putin said, "Nor should we turn a blind eye to the fact that the spirit of free enterprise, including the principle of personal responsibility of businesspeople, investors, and shareholders for their decisions, is being eroded in the last few months.  There is no reason to believe that we can achieve better results by shifting responsibility onto the state."

Are you listening, Obama?
The Russia Interview The British Broadcasting Corporation (BBC), the oldest and largest broadcasting company in Great Britain just recorded an interview with Dr. Orly Taitz about the  Obama ineligibility cases.  It will be transmitted prime time in their Russian edition tomorrow, 7-8 PM, Moscow time (4-5 PM, London time).  They feel it is the case of the Century and were amazed, as to why U. S. media doesn't report it.
 
Dr. Taitz explained, that in her opinion, most of U. S. media is in the hands of a few members of  the U. S. oligarchy that find Obama convenient for their purposes and refuse to report on his total illegitimacy for presidency.  She explained to the interviewer, Seva Novgorodski, that the U. S. President must be a "natural born citizen," meaning being the child of two U. S. citizen parents and born in the U. S. mainland.  Obama does not qualify for several reasons:

1. His father was here on a student visa and was never a U. S. citizen.

2. Hawaii statue 338 allows foreign born children of Hawaii residents to obtain Hawaii Certification of Live Birth (COLB).  The short version COLB, that Obama posted on the Internet is a worthless piece of paper, since it does not show any corroborating evidence, such as name of the hospital and name and signature of a doctor, that should be on the actual birth certificate.  Obama refuses to release his original birth certificate from Hawaii and spent hundreds of thousands of dollars on attorneys to file motions to keep them sealed.  His attorneys have been threatening, harassing and intimidated petitioners with sanctions for mere requesting the records.  This behavior can be explained only by the fact that the original birth certificate shows him ineligible.

3. When Obama migrated to Indonesia, he lost his U. S. citizenship, while gaining Indonesian Citizenship, since Indonesia does not allow dual citizenship.  Obama reaffirmed his Indonesian citizenship and therefore relinquished his U. S. citizenship yet again (if he ever had it) as an adult, while studying at Occidental College and traveling to Pakistan on an Indonesian passport.

The interviewer asked if Dr. Taitz was afraid to go against such a mountain and so much money.  She stated that nothing can be achieved by virtue of fear and was more concerned about a prospect of Obama being allowed to continue to stay in the White House illegally, in that all the orders and bills and international treaties signed by him will be illegal.  She also stated, that in her opinion, this is a giant on legs of clay, since his rise was achieved by massive voter fraud during the primaries, the general election and U. S. media providing one sided reporting.

The BBC interviewers wished Dr. Taitz luck and stated that they are fascinated by the case and asked to come back on the program, when there are new developments.

Not one American jouranlist has ever asked the biggest question of the day -- why is Obama fighting the release of his bona fides with such ferocity?

©  Copyright  Beckwith  2009
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