From $1 trillion in debt
to $4 trillion in debt in six weeks
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We've Elected A Leninist |
Is Obama
intentionally attempting to bring the stock market to its knees?
Some argue that, indeed, he is. "The free market has failed," he
could say, "just as it failed the housing market!"
Consider that,
in the teeth of a devastating recession, Obama has:
•
Raised taxes on small businesses, the engines of entrepreneurship and
job growth
• Raised the capital gains tax
•
Lied about "tax cuts for 95% of Americans", offering instead $13 a week,
achieved not through tax cuts, but by changing the federal withholding
tables!
• Destroyed charitable giving by axing the tax
breaks for 26% of all giving (or $81 billion in 2006)
•
Proposed a carbon cap-and-trading scheme designed to punish oil
companies and further tax consumers
Why would Obama inflict these
destructive policies while the economy is collapsing? Simple.
Each step strengthens the role of government in people's lives.
•
Squelching the stock market kills its attractiveness as a parking lot
for private capital. Combined with an increase in the capital
gains tax, investors will swarm to bonds -- tax-free vehicles like
municipal bonds, which benefit the growth of state and local government.
And unions, of course.
• Carbon cap-and-tax will raise taxes on
all Americans as the cost of goods and services will increase to address
a non-existent threat.
• True tax cuts would grow the economy,
which is why, of course, Obama shuns them. The last major
recession was Jimmy Carter's malaise. It consisted of of
double-digit inflation and unemployment. It was finally licked by
across-the-board tax cuts for everyone (even the despised rich), which
touched off a twenty-plus year run of prosperity.
• Charities
reduce the role of government assistance for those in need. That, in
Obama's world, can not be tolerated. That is why charities must be
choked off and allowed to die. Especially faith-based
institutions.
The only plausible explanation is that Obama's
destruction of the economy is intentional.
It is based on a
failed ideology that has never -- and can never -- succeed.
And
I'm not the only one who thinks so. Jim Cramer is a long-time
investor who's been around the block a few times. He thinks the
Obama agenda is crystal clear, stating "...their agenda is destroying
the life savings of millions of Americans... we've elected a Leninist." |
Obama's Intel Nominee |
Is Obama's intel chief
violating Iran sanctions? -- Obama's nominee for a top intelligence
post sits on the board of a major oil company owned by the Chinese
government that is in the midst of a multibillion dollar deal with Iran
which may violate U.S. sanctions, WND has learned.
The oil
company is widely seen as conducting business deals meant to expand
China's influence worldwide. One of its recent attempts to
purchase a large U.S. oil firm drew bipartisan congressional opposition
amid fears the deal would harm American national security interests.
Charles "Chas" Freeman, the U.S. ambassador to Saudi Arabia during
the first Gulf War, is slated to head the U.S. National Intelligence
Council. The NIC is a crucial component of the U.S. intelligence
apparatus, serving as the center for midterm and long-term strategic
thinking within the American intelligence community. It provides
intelligence briefs for Obama and key U.S. agencies and produces reports
that help determine American policy on crucial issues, such as Iran's
nuclear program.
Since 2004, Freeman has been on the
international advisory board of the China National Offshore Oil
Corporation, or CNOOC.
• Iran
Can Get Material to Make
50 Nukes -- Iran can develop a nuclear weapon within a year and has
ready access to enough fissile material to produce up to 50 nuclear
weapons, according to a panel of current and former U.S. officials
advising the Obama administration.
William Schneider, Jr.,
chairman of the Defense Science Board and a former under secretary of
state in the Reagan administration, offered those estimates Wednesday
during a news conference announcing the release of a new "Presidential
Task Force" report on Iran by the Washington Institute for Near East
Policy.
• Iran urges
world Muslim 'resistance' against Israel -- Iran's supreme leader
Ayatollah Ali Khamenei called on Wednesday for world Muslims to join the
Palestinian "resistance" against Israel as he kicked off a two-day
summit in aid of war-torn Gaza. His statement came as US Secretary
of State Hillary Clinton met Palestinian president Mahmud Abbas and
premier Salam Fayyad in the Israeli-occupied West Bank on her first
visit to the region since taking office.
She had met Israeli
leaders in Jerusalem on Tueaday.
"The only way to save Palestine
is resistance," Khamenei said in his address to open the global summit
Tehran organised in aid of Gaza and the Palestinians.
"Support
and help to Palestinians is a mandatory duty of all Muslims. I now tell
all Muslim brothers and sisters to join forces and break the immunity of
the Zionist criminals," Khamenei said.
•
Clinton says U.S. diplomacy
unlikely to end Iran nuclear program -- The Obama
administration has already concluded that a diplomatic overture to Iran,
one of the central promises of the president's election campaign, is
unlikely to persuade Tehran to give up its nuclear ambitions.
Secretary of State Hillary Rodham Clinton told the foreign minister of
the United Arab Emirates in a private meeting Monday that it is "very
doubtful" a U.S. approach will persuade Iran to relent, said a senior
State Department official, who spoke on condition of anonymity under
customary diplomatic rules.
•
Iran
demands Hollywood apology -- Iran's presidential arts adviser, Javad
Shamqadari, is quoted by Iran's ISNA news agency as saying: "We will
only believe Obama's policy of change when we see a change in Hollywood
too."
Shamqadari also said that Iran's cinema officials would
meet with members of the delegation only if they apologize for the
"insults and slanders they have hurled at the Iranian nation over the
past 30 years."
Shamqadari said that Iranian hospitality did not
prevent Tehran from urging the Hollywood team to apologize and added
that Hollywood is making other films aimed at "insulting and accusing"
Iran.
Last week, a spokesman from Iran's Foreign Ministry said
that Hollywood "has 30 anti-Iranian movies in the offing with the
subject of hostility towards Iran's historical and Islamic identity."
Films like "300" and "The Wrestler" have particularly angered
the Iranians. |
United Kingdom's Strange Impression |
Hot Air blog
says British press are under the strange impression that Obama
doesn’t like to be questioned.
From
Tim Shipman at the Telegraph, a companion piece to
Dana Milbank’s story on the glaring dearth of diplomatic niceties
extended to Gordon Brown on his trip to D.C. Remember that press
conference that supposedly got snowed out? Word on the street is
that
no presser had ever been scheduled despite Brown’s desire for camera
time with The One. The Oval Office photo op? Four questions
taken in all, and no obligatory warm words of introduction for Brown
from Obama. What gives? Shipman thinks he knows:
It
will doubtless be seen as self-indulgent bleating by the media but there
is much about this incident that is revealing about the way President
Obama does business.
A Washington Post colleague just called me
and said that the White House press corps cannot think of a single
previous occasion when a British Prime Minister was treated in this way…
Major British hack involvement in a full blown press conference has
always been regarded as useful by the White House press corps. We
ask different questions from them, usually more aggressively and get
answers they could not. There were several spiky and revealing
moments between President Bush and the BBC political editor Nick
Robinson. It is bizarre that Mr. Obama is less willing to answer
questions than Mr. Bush. It reflects very poorly on his tendency towards
control freakery, which has been in evidence since his campaign…
Obama has been running scared of the international media and the British
press in particular since the start of his campaign. He didn’t
give a single interview to a British outlet even when he was in the UK.
This is very unusual, particularly from a man who so desperately wants
to be loved on the world stage. We know we’re not special, given
Obama’s general contempt for beat reporters (as opposed to his
schmoozing with editors), but it is still peculiar.
At Britain’s
Spectator, Alex Massie shares Shipman’s suspicion but puts it, er, a bit
more
bluntly. |
Obama's Health and Human Services Secretary |
As a Democratic governor in red-state Kansas, Kathleen Sebelius
has vetoed several bills that would modestly restrict abortion.
She supports late-term abortion. She's socialized and taken money
from well-known abortion extremists, and she has been unofficially
ostracized from the Catholic Church for her stance. But you'd have
to go out of your way to learn much about that from the news reports
that followed the Feb. 28
announcement that Obama planned to nominate her as Secretary of the
U.S. Department of Health and Human Services.
This is a position
that controls a $700 billion budget and, according to the New York
Times, "would have considerable influence over government policy on
abortion."
Sebelius' association with Planned Parenthood, the
nation's largest abortion provider. In May 2007, Sebelius spoke at a
fundraiser for Planned Parenthood of Kansas and Mid-Missouri. The
chapter's summer 2007 newsletter related:
Friends of Planned
Parenthood of Kansas and Mid-Missouri gathered Tuesday, May 15th for a
truly star-studded affair. "I've Got Rhythm, I've Got Rights" showcased
two champions of our cause, Kansas Governor Kathleen Sebelius and PPFA
National President, Cecile Richards.
Both Cecile and
Governor Sebelius spoke passionately about the challenges Planned
Parenthood faces, specifically citing the more than 240 "uninvited
guests" lining the streets of the Jazz District. Governor Sebelius
walked right through these unpleasant protestors and didn't miss a beat.
In fact, both women mentioned in their remarks how meaningful it is for
supporters to experience first hand what PPKM staff and thousands of
women trying to access health care must deal with on a regular basis.
It was only Bill O'Reilly on Fox News who discussed Sebelius' record
on March 2. He reported:
[T]he governor is a controversial
choice because she has opposed most restrictions on abortions even late
term. And the archbishop from Kansas Joseph Naumann suggested she
refrain from receiving communion as the governor's Catholic. Well,
she came to our attention after accepting campaign money from George
Tiller, known as Tiller, the baby killer. He's currently charged
with a variety of crimes centering on his abortion practice. He
aborts babies at any time for just about any reason if you pay him
$5,000.
Even absent the abortion controversy, the nomination to
Health and Human Services Secretary of someone who declined to address
such basic issues in her own state should be news. |
Obama Tells Unions Organizing Act Will Pass |
Obama told AFL-CIO union leaders Tuesday in a videotaped address
that the controversial Employee Free Choice Act
will
pass, signaling his full backing for legislation that makes union
organizing easier.
"We will pass the Employee Free Choice Act,"
President Obama told more than 100 top labor officials in a closed-door
meeting at the labor federation's winter gathering in Miami, according
to people at the meeting.
The bill would make it easier for
unions to intimidate workers because it would force them to join unions
by signing cards rather than through secret-ballot elections. The
U.S. Chamber of Commerce and other business organizations have been
campaigning against the legislation.
The president's remarks were
taped on Feb. 20, according to a White House spokesman. Following
his remarks, AFL-CIO officials held a meeting with Labor Secretary Hilda
Solis -- who was buying. |
Mel Martinez Doesn't Get It |
Sen. Mel Martinez, R-Fla., has suggested that voters have made
Barack Obama eligible to occupy the Oval Office, whether or not he meets
the constitutional mandate of being a "natural born" citizen. His
remarks came in an e-mail sent to a constituent shortly after the
election, which just now was forwarded to WND.
A constituent had
asked about Martinez's perspective on the claims made by dozens of
lawsuits around the country that Obama might not meet the constitutional
qualification for various reasons.
"Presidential candidates are
vetted by voters at least twice -- first in the primary elections and
again in the general election. President-Elect Obama won the
Democratic Party's nomination after one of the most fiercely contested
presidential primaries in American history," Martinez responded.
"And, he has now been duly elected by the majority of voters in the
United States. Throughout both the primary and general election,
concerns about Mr. Obama's birthplace were raised. The voters have
made clear their view that Mr. Obama meets the qualifications to hold
the office of president," he wrote.
Martinez admitted the
"federal government has the responsibility to make certain that the
Constitution of the United States is not compromised. We must
fight to uphold our Constitution through our courts and political
processes."
But Martinez noted the Constitution does not provide
for an enforcement mechanism, and he cited a federal court opinion that
a taxpayer and voter in Pennsylvania didn't have standing to force Obama
to provide documentation of his eligibility.
"The District Court
dismissed Mr. [Philip] Berg's suit and held that the question of Obama's
citizenship is not a matter for a court to decide. The court
further noted that voters, not courts, should decide whether a
particular presidential candidate is qualified to hold office," he
wrote.
No! Mr.
Martinez, that's not what the courts decided. You can't just make
it up. No court ever found that "voters, not courts, should
decide whether a particular presidential candidate is qualified to hold
office." |
Joint Resolution No. 34 |
Be it resolved by the Missouri House of Representatives, the Senate
concurring therein:
That at the next general election to be held
in the state of Missouri, on Tuesday next following the first Monday in
November, 2010, or at a special election to be called by the governor
for that purpose, there is hereby submitted to the qualified voters of
this state, for adoption or rejection, the following
amendment to article VIII of the Constitution of the state of
Missouri:
Section A. Article VIII, Constitution of Missouri, is
amended by adding one new section, to be known as section 8, to read as
follows:
Section 8. We the people of Missouri adopt a voter’s
bill of rights as a defense against corruption, fraud, and tyranny.
Missouri voters shall have the following rights:
1. The right to
vote using a paper ballot;
2. The right to protection from voter
fraud by:
(1) Identifying eligible voters by:
(a)
Requiring any person seeking to vote in a public election to
establish his or her qualification as a citizen of the state
lawfully present in the United States of America by providing election
officials a form of identification with the voter’s photo and signature,
including valid government-issued photo identification, as established
by law. The state shall provide at least one form of such
identification required to vote at no cost to any otherwise qualified
citizen who does not already possess such identification and who desires
the identification in order to vote; ...
Update:
Withdrawn |
Steep, Continuing Stock Market Declines |
Obama’s first five weeks in office have been marked by
sharp declines in U.S. stock markets, as the economy has continued
to decline despite numerous legislative proposals from Congress and the
administration aimed at stabilizing it.
Since Jan. 20, the
nation’s largest stock market, the New York Stock Exchange’s Composite
Index has declined steadily, losing 441 points, or $895 billion in
value. The country’s second largest market, the NASDAQ, has also
declined since Obama was sworn in, falling from 1,440 to 1,321 points, a
119 point drop.
In fact, Obama’s rise has seemed to accompany the
economy’s fall, with the NYSE index dropping by 3,732 points since his
nomination on Aug. 27, 2008 to Feb. 27, 2009 -- the last day for which
official statistics are available – for a loss of $7.7 trillion dollars.
The NYSE Composite Index lost 2,004 points -- for a loss of $4
trillion -- from Obama’s nomination to his election Nov. 4 and lost
1,287 points -- $2.6 trillion in value -- from his election until his
inauguration on Jan. 20.
The markets have been trending downwards
since Obama’s inauguration as well. |
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Copyright Beckwith 2009
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