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Quote of the Day

Friday, March 9th, 2012

“While the vandals are on the street corners, the Tea Party conservatives they’re working state houses, the governorships, the mayorships, the Senate, the House. See, they understand, they’ve read the Constitution. If you want to make a difference, don’t go break windows, okay? Break some phony arguments that things like austerity are going to put you in the hole. What put you in the hole is borrowing 38 cents of every dollar you spent. That’s what put you in the hole, pure and simple. Everything else is political spin.”

— on-air editor of CNBC Business News Rick Santelli explaining a key difference between the Tea Party and the Occupy Movement

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Roundup Post

Wednesday, March 7th, 2012

Robert F. Kennedy Jr. Calls Senator Inhofe a ‘Prostitute’ and a ‘Call Girl’ – Will Media Be Outraged?

I’m thinking no.  It’s a leftist insulting a conservative.  No foul in the liberal media’s view.

The BCC reports on the effect the Obama economy is having on Americans.

… Tent cities have sprung up in and around at least 55 American cities – they represent the bleak reality of America’s poverty crisis.

… One of the largest tented camps is in Florida and is now home to around 300 people. Others have sprung up in New Jersey and Portland.

… There are an estimated 5,000 people living in the dozens of camps that have sprung up across America

The largest camp, Pinella’s Hope in central Florida – a region better known for the glamour of Disneyworld – is made up of neat rows of tents spread out across a 13-acre plot.

… The stark reality is that many of them are people who very recently lived comfortable middle-class lives

For them, the economic downturn came too fast and many have been forced to trade their middle-class homes for lives in shelters, motels and at the far extreme, tented encampments.

Obama To Congressional Democrats: Yeah, I Could Have As Much As $1 Billion in Campaign Cash But I’m Not Giving You A Dime Of It…

WHOM DO YOU BELIEVE? HBO OR GALLUP?

Mary Katharine Ham on leftist hypocrisy.

Cindy Sheehan on the democrat’s dishonest use of the anti-war movement for their political gain.
I’m betting that you never heard one peep from the liberal media about her being arrested, twice, protesting outside the White House, after GW Bush left and Barack Hussein Obama moved in.

Three Occupy Oakland protesters arrested for robbery and a hate crime, both felonies

“Congress has not unlimited powers to provide for the general welfare, but only those specifically enumerated. — Thomas Jefferson, third President of the United States of America

“[T]he politically correct are above the rules of ordinary civility, once they have identified you as an unbeliever in their religion.” — Orson Scott Card

AFFORDABLE” OMAMACARE JUST GOT $111 BILLION MORE EXPENSIVE

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Factual Observations about the US Federal Debt

Tuesday, March 6th, 2012

Let’s look at this data and what it shows.

• The vaunted “Clinton Surplus” was, in fact, the work of a GOP House that was willing to fight for fiscal sanity (current Ohio Governor John Kasich was one of the architects of the surplus); in addition, two events conspired toturbocharge the economy — in spite of Clinton, not because of him.

• Liberals like to talk about Reagan’s deficits, but they ignore the fact that every budget Reagan ever sent to the Democrat-controlled House was declared “dead on arrival”. Reagan supported a Balanced Budget Amendment, sought to eliminate useless agencies like the Department of Education, and otherwise believed in the U.S. spending within its means.

• Since the Democrats took control of Congress in 2007, they have jammed through the most fiscally irresponsible spending programs in world history (I won’t use the word “budget”, because they’ve refused to propose a budget for roughly 1,029 days).

In short, Democrats never propose less spending than Republicans — unless we’re talking about defense. And now, after four years of Democrat-controlled spending, the federal government is forced to borrow 40 cents for every dollar it spends.

HT to Doug Ross

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Back in 2008, Barack Obama was all for oil pipelines

Tuesday, February 28th, 2012

Now he is endangering America’s energy future and killing jobs by blocking oil pipelines.

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Supply & Demand

Monday, December 26th, 2011

Dorian Electra is back with a music video about supply and demand.
A good lesson to learn as the after Christmas sales start

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Friday Roundup

Friday, November 25th, 2011

Here are a few thing that just may have flew under your radar.

Obama is admired by just 4 percent of Middle East Arabs in the new survey  released by the Brookings Institution and University of Maryland. I seem to recall the lefties telling everyone that Barack Hussein Obama understood the Muslim world and would improve our standing there.  Silly lefties, as TalkStraight correctly summed it up, “[The] Arab World does not admire people they consider weak.”

Our Dear Leader is continuing his version of a “jobs program”, by being on track to kill a potential 120,000 American jobs by stonewalling the Keystone Pipeline Project. Just what does he have against inexpensive, non-oil tanker required, conflict free, oil being available to the American people? It is almost as if he wants higher energy prices, rising inflation and an American economy stuck in a ditch.

Since QE1 and QE2 have been such dismal failures, Obama’s pick to head the Fed,Ben Bernanke, is looking to inflict QE3 on the American people.  For those of you who forget just what “Quantitative Easing” is, here is an instructional video.

Chicago democrat, and old Obama buddy Tony Rezko gets a ten and half year prison term for “extorting millions of dollars from firms seeking state business or regulatory approval.” Ya, it does sorta sound like the Obama administration funneling “green investment” money to big democrat donors.

 

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Business & Politics

Thursday, November 24th, 2011

Usually not a good mix for conversation, and certainly not a good mix where our Dear Leader is concerned.

His job killing policies are striking home at small businesses, which are usually the engine that drives job growth.

One small business has publicly stated it is in a hiring freeze until Obama is out of office.  It’s not that they don’t want to hire, it is just that they can’t afford to between an economy where inflation is double the economic growth and oppressive government regulations drive the cost of doing business up.

Another important indicator is the falling support of blue collar democrats for the President. This was core demographic for him back in 2008. Without their support, his odds in 2012 are being coming even more anorexic.

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Quote of the Day

Saturday, November 19th, 2011

Ann Barnhardt, former hedge fund manger gets right to the point:

A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global.

Read the whole thing. It is refreshingly, and brutally honest.

HT to AoSHQ

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Was David Gregory drunk on the air again?

Tuesday, October 18th, 2011

Alternate question, is he actually just that stupid?  These question are raised because of his “performance” on last Sunday’s Meet the Press.  Let’s review the transcript:

MR. CAIN: We replace capital gains tax. We replace the payroll tax. We replace corporate income tax, replace personal income tax, and replace the death tax. It is a replacement tax structure.

MR. GREGORY: But where do state taxes go? You’re saying they’re going to be repealed?

MR. CAIN: If you–with the current structure, you have state taxes, right? So with this new structure, you’re still going to have taxes–state taxes. That is muddying the water.

MR. GREGORY: How so?

MR. CAIN: Because today, under the current tax code, state taxes are there if they have it. If they don’t have a state taxes, they don’t have it. It has nothing to do with this replacement structure for the federal tax code.

MR. GREGORY: But that doesn’t make any sense to me. If I’m already paying state taxes, and I have a new Cain administration national sales tax, I’ve got more state taxes.

Mr. Gregory appears to be deeply confused on the difference between State taxes and a sales tax.  He is either spiking his coffee and hosting a national political talk show drunk or is completely incompetent for the position he holds.  The other explanation is that does know the difference, but is deliberately attempting to confuse the issue in order to make the current Republican front runner look bad.  That last option points to a deep and widespread far left wing extremist media bias at NBC News/MSNBC.

So which is it? Drunk, incompetent or deliberately attempting to mislead the American people?

HT to Mr. Reynolds

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A couple of more economics music videos

Saturday, October 15th, 2011

In the tradition of the Hayek vs. Keynes rap videos, come these two economics themed videos by Dorian Electra

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