"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
All right reserved
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