Archive for March, 2009
Playing president
Posted: March 28, 2009
1:00 am Eastern
Obama's performance as POTUS is pretty convincing, if not Oscar-worthy. From the moment CNN called the election, Obama's rehearsed swagger emerged. He won; he is entitled to gloat. What's pitiful is that he really thinks he is in charge.
Well before Obama seriously considered a run for president, others evaluated his potential. Khalid Al-Mansour, associate of Saudi prince Alwaleed bin Talal, one of the world's richest men, helped get Obama into and through Harvard.
© 2009 WorldNetDaily - Posted: March 28, 2009 11:55 pm Eastern
Rep. Keith Ellison taking oath of office WASHINGTON – Barack Obama is conducting his own affirmative action program to get more Muslims in the White House.
The move began with Rep. Keith Ellison, D-Minn, who took his oath of office with a hand on the Quran, to solicit the resume of what he considered to be the nation’s most qualified adherents of Islam.
According to the Denver Post, when White House officials heard about the program, it was put on overdrive.
So far, 45 Ivy League grads, Fortune 500 executives and government officials have been submitted for consideration.
J. Saleh Williams, program coordinator for the Congressional Muslim Staffers Association, sifted through more than 300 names as part of the search.
“It was mostly under the radar,” Williams said. “We thought it would put (the president) in a precarious position. We didn’t know how closely he wanted to appear to be working with the Muslim American community.”
Ellison is serious about his faith. He made the pilgrimage to Mecca with the sponsorship of the Muslim American Society, an offshoot of the Muslim Brotherhood.
In 1991, Mohamed Akram wrote a memo for the leadership of the Muslim Brotherhood that explained its work in America as “a kind of grand jihad in eliminating and destroying the Western civilization from within and ‘sabotaging’ its miserable house by their hands and the hands of the believers so that it is eliminated and God’s religion is made victorious over all other religions.”
By Warner Todd Huston Sunday, March 29, 2009
Remember this report from our nation’s history?CNN (Continental News Network) Boston, 1773: The city of Boston canceled a proposed protest over tea taxes today, citing the fear that too many people dressed as Indians would be gathered near the wharves.
Organizers expressed sadness over the cancellation, but meekly returned to their homes fearful of upsetting the officers of the Crown. Taxmen breathed a sigh of relief as the tar and feathers were put away not to be used this day.
Wall Street’s Manipulated Stock Market Rally
by Matthias Chang
The numbers that have been bandied about is beyond the comprehension of the average Joe Six-Packs. I cannot even figure out $500 billion, what more $500 trillion. Ninety per cent of government leaders are also unable to figure out the enormity of the global debt sink-hole.
So, I have accepted the fact that 97 per cent of Americans will just accept whatever explanations and excuses thrown at them by President Obama, Fed Bernanke and Treasury Geithner for bailing out the banks and failing to prevent the implosion of the economy by summer of 2009.
Obama inherited the mess created by war criminal Bush, aided and abetted by Alan Greenspan, Bernanke and Geithner, so he can be excused for there is nothing that he can do at this late hour to change the outcome. But the rest should be lynched!
In the last two years, in several articles, I drew your attention to the fraudulent securities that have been peddled by the global banks and how they have caused the present grid-lock in the global financial system. In essence, these securities – MBS, CDOs, CLOs, etc. were all fraudulent papers. Whatever mortgages underlying these papers, were over-valued and now they have shown to be worth at the most 10 to 20 cents on the dollar.
There have been suggestions that if all these papers were to be shredded and the debts written off, the global banks’ balance sheet would be wiped clean of such toxic assets. In the result the economy would restart and the good old days of cheap credit and unrestrained consumption would usher another boom!
This is a fairy tale.
Posted on 2009 03, 29 by duo
Lorie Kramer
March 28, 2009
As promised; here is the next idea offered in reply to the responses generated from my letter to my Dear, dear America.
Well, here we meet again, dear, dear Americans; and others who seem to have joined in the discussion. We’re all in this together.First, let’s update.
Overall, I think we’re doing pretty good considering we can’t see and hear each other. Over 26,000 seem to have read the letter, not bad for only having sent the link to ONE person. I am getting a fair amount of email, about 95% positive. There has been very little name calling, and I must confess, I did call someone a name, nobody’s perfect. It did take me quite a few email exchanges to get to that point, but at some point, enough is enough! Only two emails from Major Assholes, which is a very good sign, one of them was the one that got my goat. I won’t be reading anything more from him. I only saw one place where it was posted that I was a kook. That’s not a bad average for me. :-) I’ve met some REALLY nice and very interesting people. I’m hearing a lot of the same concern for what is happening to the people of our nation, as well as all the people of the world to whom we are connected. I am hearing anger, as we all have; but it is not directed inappropriately, and when it was, it has been recognized, and apologized for after mutual communication took place. Wouldn’t it be nice if it worked so easily out in the real world? Or, is this the real world, too? I’ll share some of the comments later, like before.
Posted on 2009 03, 27 by duo
From The Atlantic
The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government—a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.
Posted on 2009 03, 27 by duo
By Patrick Barron, For The Bulletin
Recently, I wrote of the Jacksonian meaning of corruption and compared it to our modern definition. Our modern definition, which equates corruption with criminal activity, fits our modern, shallow culture of voyeurism. It seems we love nothing more than to see that the mighty have fallen prey to padding their expense accounts, taking specious tax deductions and even dipping their beaks into the public trough. This is criminal behavior and there is no justification for it; it will be with us as long as people have access to other people’s money. But this really isn’t a very strenuous definition of corruption. Real corruption does its work in the full light of day, corrupting the morals to the point that society stagnates, shrinks and finally succumbs altogether. This was the Jacksonian definition of corruption.
Continue reading this article at thebulletin.us
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