Chuck Baldwin minces no words about Paul Ryan

I have to like Chuck Baldwin, he does not mince words:

It has happened again. We go through this every four years, and every four years the vast majority of “conservatives” fall for it. This is such a broken record. What did Forrest Gump say: “Stupid is as stupid does”? And wasn’t it P.T. Barnum who said, “There’s a sucker born every minute”? Well, here we go again.

Neocon RINO George H.W. Bush picks “conservative” Dan Quayle. “Conservative” G.W. Bush picks neocon RINO Dick Cheney. Neocon RINO John McCain picks “conservative” Sarah Palin. Now, neocon RINO Mitt Romney picks “conservative” Paul Ryan. As long as there is one “conservative” on the ticket, mushy-headed “conservatives” across the country will go into a gaga, starry-eyed, hypnotic trance in support of the Republican ticket. I’m convinced that if Lucifer, himself, was the GOP Presidential candidate, he would get the support of the Religious Right and Republican “conservatives” as long as he selected a reputed “conservative” to join his ticket. And, by the way, the notable “conservative” wouldn’t think twice about joining such a ticket, either, I’m convinced.

Let’s just get this on the record: since 1960, there have only been two Presidential nominees (from the two major parties) who were not controlled by the globalist elitists. One was a Democrat, John F. Kennedy; the other was a Republican, Ronald Reagan. Kennedy was shot and killed; Reagan was shot. Every other President, Democrat or Republican, has been totally controlled, which is why none of them have done diddly-squat to make a difference in the direction of the country. On the issues that really matter, Mitt Romney and Paul Ryan are just more of the same!

via Chuck Baldwin — Paul Ryan: More Of The Same.

He goes on to say that Ron Paul is the only one; and I disagree with that. However, I will say this; he is right about Romney and Ryan. Which is I am voting for:

Goode/Clymer in 2012

But voting for anything else is simply Anti-American

Dear MSNBC: Obama is engaging in the ‘niggerization’ of America

Yes, I said that and do please, quote me on it.

Video: (Via Mediaite)

Via Mediaite:

Touré didn’t just say that – he said that Romney was “using the playbook Republicans have been using for decades now.” In other words, Republicans have been involved in so-called “niggerization” for decades.

This is disgusting. It’s a lie, and what’s more, it waters down racism to the point where anything qualifies – and to the point that real racism isn’t taken seriously anymore. According to Touré, it’s racist to suggest that Obama is the “food stamp president,” even if he’s elevated food stamp usage to record levels; it’s racist to call him angry; but it’s not racist for Joe Biden to suggest that freeing Wall Street will put black people “back in chains.”

Only MSNBC would put a fool like Touré on the air every night. And only the racially extreme left would consider Touré an eloquent spokesperson for their perverse views.

Okay, now I am going to say what Ben did not have the room or even the heart to say up there in that quoted text above. As a white man, who has been unemployed for the last eight goddamned years and has watched as family members, friends and neighbors of mine lose their jobs, their homes, and their dignity over the last eight years —- of which Obama has been in office for almost four years of that time. Let me say that I have watched as Obama has engaged in the ‘niggerization’ of America.

I have watched as President Obama bailed out Wall Street and left people on Main Street to suffer. I have watched as Barack Obama went out of his way to protect failing companies like General Motors and Chrysler (READ —- UNIONS!) — Which are headed for bankruptcy again —- and then not do a goddamned thing for non-union working class folk —-like myself.

The fact is that unemployment is up, food stamp enrollment is up, social security enrollment is up and the Nation’s GDP is down, manufacturing is down and economy is just goddamned awful. Whose fault is that? It is President Barack Obama’s fault. If Barack Obama had just left the economy alone, it would have been just fine and would have recovered. However, no, he spent like a drunken sailor and now this Country is $15 TRILLION dollars in debt and what do we have to show for it? —– Not one goddamned lousy thing except for the debt itself. Oh, we got something all right, a lousy goddamned healthcare bill that utterly robbed Medicare!

So, if the liberal Democrats want to talk about ‘niggerization’ of anything, I suggest they look in the goddamned mirror and also take a look in the White House and look real close at what the “magic negro” that they elected to the office of President of the United States is really doing! Because I tend to suspect that, these clowns are just plain damned clueless.

This is what the Democrats have left, their leader has failed, and his reelection is in jeopardy. They have nothing left in their bag; —- except for class and racial warfare. This will cost them dearly too. Because Independent people are going to see this and they are going to run away from it. Racial resentment is a turnoff to most people.

This is not what Martin Luther King Jr. taught; this is the sort of thing Malcolm X preached and practiced. It was wrong then and it is wrong now. This is why Martin Luther King Jr. has a monument in Washington DC and Malcolm X does not. Because preaching this sort of division does nothing to advance the black cause, all it does is cause hate and resentment. It used to work in the 1970’s and even in the 1980’s. However, I tend to believe the Americans, even black Americans, are just a little smarter than that anymore. They are tired of the division and the warfare and just want to get along with everyone. I mean, blacks can go to Selma, Alabama now and eat, shop and sleep about anywhere they want to there now.

Therefore, to MSNBC and this Toure character, I say this: Your racial resentment and “the evil white man” magic act are getting a bit stale. I think it is time you found a new script and some new talking points. Because smart Americans, like me, see right through this and reject it wholeheartedly. By that, I mean; Black Americans, White Americans, Latino Americans, and every other goddamned race of Americans too. All Americans see right now is the fact that there are no jobs, and that they have no money and huge bills and mortgages that are underwater — and the best thing you idiots at MSNBC can do is play the race card? My God —- has defending hope and change gotten that bad?

In closing: ‘niggerization’ —- Nigga please! You idiots do not even know the meaning of the word! 🙄

Others: Power Line, The Gateway Pundit and Washington Post, The Gateway Pundit, We are respectable negroes, The PJ Tatler, The Daily Caller and Riehl World View (Via Memeorandum)

Update: Toure apologizes

Ben Bernanke needs to lose his job

This here is why:

(Reuters) – Federal Reserve Chairman Ben Bernanke on Friday issued a call to action to restore housing markets, saying depressed house prices and sales are a serious drag on the economic recovery.

“The state of housing has been an impediment to a faster recovery,” he said in remarks prepared for delivery to a home builders’ conference in Orlando.

“Because the troubled housing market continues to depress construction activity and employment, we need to continue to develop and implement policies that will help the housing sector get back on its feet,” Bernanke added.

via Bernanke urges action to heal housing markets | Reuters.

As I have written time and time again; “action” by Democrats is what put America into the shape that it is now. if anything, we need to the Government to get their darned slimy paws off of the private housing market and let it correct itself. Sure, pain will be felt; that happens in capitalistic society — deal with it.

This is what happens when you elect socialists into power, remember this come November.

Bloomberg: Bank deal with make foreclosures to rise

I have already written about this one, so before you read below; read here.

The story: (H/T Jazz Shaw)

The $25 billion settlement with banks over foreclosure abuses may result in a wave of home seizures, inflicting short-term pain on delinquent U.S. borrowers while making a long-term housing recovery more likely.

Lenders slowed the pace of foreclosures as they negotiated with attorneys general in all 50 states for more than a year over allegations of faulty and fraudulent paperwork used to repossess homes. With yesterday’s agreement, banks are likely to resume property seizures.

“The best thing about the settlement, frankly, is that it will be done,” said Stan Humphries, chief economist for Seattle-based Zillow Inc. (Z), a provider of home-sales data. “The shadow of the settlement hung over the market for a year now.”

The backlog of foreclosures has trapped homeowners in properties they can no longer afford, depressed neighborhood prices by increasing the number of abandoned homes and led banks to tighten mortgage credit standards because of uncertainty about the cost of their potential obligations. Foreclosure starts fell 46 percent in December from October 2010, when the investigation into the so-called robo-signing of mortgage documentation began, according to Irvine, California-based RealtyTrac Inc.

via Foreclosures to Climb in U.S. Before Bank Deal Helps Housing Market Heal – Bloomberg.

At the risk of sounding like, of all people, Ron Paul; This is what happens when Government gets involved with the private market. It gets screwed up and attempts to fix it, screw it up even worse! Let this be a lesson to our Government and all involved; do not involve yourself in private markets, like housing. It only messes things up. The sad thing is, a whole bunch of people had to suffer, because a group of liberal elitists decided that a tried and true system just had to be tweeked to give to the “have-nots” and from what I read above, the suffering is just beginning.

It is a good question

It is really…:

Thanks to an advertiser who wishes to remain anonymous, cars and trucks on Arizona Highway 260 in East Central Arizona are driving by a billboard advertisement that recently went up, bearing President Obama’s face on what appears to be a mock U.S. $100,000,000,000,000 (One-Hundred Trillion Dollar) bill.

The billboard’s caption: “But Who Will Pay the Piper?”

Chuck Perrine of Jones Outdoor advertising in Tucson, Ariz., confirmed to CNSNews.com that his company created the 10 ft- by-40 ft. billboard, which he said “went up within the last month.”

Perrine said the sign is located “near Linden (Ariz.),” but said that the advertiser is “not interested” in disclosing any further information about his identity–or his reason for purchasing the ad.

via CNSNews.com – Mysterious Billboard Puts Obama’s Face on $100,000,000,000,000 Bill, Asks: ‘But Who Will Pay the Piper?’.

It is a very good question to ask and you want to know the answer? That would be us, the American Tax Payer, that is whom will pay the piper for many years to come. After all the stimulus that the Democrats rushed out the door? It failed. Don’t believe me? Here’s the video proof: (H/T HotAir)

Visit msnbc.com for breaking news, world news, and news about the economy

As all of us, who are right of Obama, said over and over and over; you cannot prime the pump of the economy — it is either there or it is not. Further more, the huge housing bubble burst and subsequent collapse of the stock market; which wiped out many people’s 401K’s, not just the rich — is living proof that you cannot socially engineer the economy. It works, but only for a season. Bubbles burst, and things come back to normal and people lose and sometimes lose big.

Hats off to the person who decided to put this up. Of course, in the lame stream media he will be denounced as some sort of evil racist or something….

Others: Another Black Conservative, Weasel Zippers and The Other McCain

Obama Says: "I do think at a certain point you’ve made enough money"

This is unbelievable. (H/T HotAir)

Video:

Partial Transcript:

We’re not, we’re not trying to push financial reform because we begrudge success that’s fairly earned. I mean, I do think at a certain point you’ve made enough money. But, you know, part of the American way is, you know, you can just keep on making it if you’re providing a good product or providing good service. We don’t want people to stop, ah, fulfilling the core responsibilities of the financial system to help grow our economy.

The problem is; that was not a part of his prepared remarks, here is what he was supposed to say:

Now, we’re not doing this to punish these firms or begrudge success that’s fairly earned. We don’t want to stop them from fulfilling their responsibility to help grow our economy.

By the way, the radio host is Mark Levin, whom I normally find to be highly annoying; mainly because his voice sounds like the equivalent of dragging a cat backwards through a fan. But, I have to say, that I agree with everything that is said here.

Ed Morrissey, whom I have much respect for, points out the glaringly obvious here:

He should have stuck with the TelePrompter. The President doesn’t get to decide when people have “made enough money.” In fact, as the radio host notes, that’s a statist point of view. Furthermore, the responsibility of an entrepreneur isn’t to “grow our economy,” core or otherwise. It’s to grow his own economy. In a properly regulated capitalist system, the natural tension of self-interests create economic growth through innovation and efficient use of capital and resources.

Put simply, a free people work for themselves, not for the government. Barack Obama seems to have a problem understanding that.

But then again; Marxists usually do. Yesterday, I posted a video by Chris Matthews over at MSNBC basically saying that we should cool it with the Nazi references, when it comes to politics and the Right…and Left. The reason why I say that I agreed with that; is because comparing this President to Adolf Hitler is giving Hitler and this President way too much credit. Nazism was started because Hitler saw the failures of socialism and sought to improve upon it; a plan the ultimately failed thankfully. This President is just a flat out socialist; he is highly against any sort of unfettered Capitalism at all. I mean, do not misunderstand me here; I am all for seeing the people that capitalized on our economy going down the toilet, having to pay the piper. But to get in front of people and make a statement like this, is just inexcusable. This might come as a shock to those on the left; I am for Capitalism, but I am not for the reckless greed, that leads to destruction. There is a big difference.

The Bottom Line: The President needs to stick to the teleprompter. Because every time that he goes off of that teleprompter, he exposes himself and that exposure is starting to look very, very ugly.

Update: Others: RedState, Left Coast Rebel, Whiskey Fire, The TrogloPundit, Beltway Confidential, Cassy Fiano, ProfessorBainbridge.com, Neptunus Lex, Confederate Yankee, YID With LID, Animal Farm, Villainous Company, protein wisdom and Pajamas Media

Video: We Will Remember

(H/T HotAir)

Sign the Pledge at We Will Remember.

Justice: Goldman Sachs sued by the SEC for the Meltdown of 2008

Finally, some justice to these bastards:

Via the NYT:

Goldman Sachs, which emerged relatively unscathed from the financial crisis, was accused of securities fraud in a civil suit filed Friday by the Securities and Exchange Commission, which claims the bank created and sold a mortgage investment that was secretly devised to fail.

The move marks the first time that regulators have taken action against a Wall Street deal that helped investors capitalize on the collapse of the housing market. Goldman itself profited by betting against the very mortgage investments that it sold to its customers.

The suit also named Fabrice Tourre, a vice president at Goldman who helped create and sell the investment.

In a statement, Goldman called the S.E.C. accusations “completely unfounded in law and fact” and said the firm would “vigorously contest them and defend the firm and its reputation.”

The instrument in the S.E.C. case, called Abacus 2007-AC1, was one of 25 deals that Goldman created so the bank and select clients could bet against the housing market. Those deals, which were the subject of an article in The New York Times in December, initially protected Goldman from losses when the mortgage market disintegrated and later yielded profits for the bank.

As the Abacus deal plunged in value, Goldman and a prominent hedge fund made money on their negative bets, while European investors like IKB and ABN Amro lost more than $1 billion, the S.E.C. said.

According to the complaint, Goldman created Abacus 2007-AC1 in February 2007, at the request of John A. Paulson, a prominent hedge fund manager who earned an estimated $3.7 billion in 2007 by correctly wagering that the housing bubble would burst.

Goldman let Mr. Paulson select mortgage bonds that he wanted to bet against — the ones he believed were most likely to lose value — and packaged those bonds into Abacus 2007-AC1, according to the S.E.C. complaint. Goldman then sold the Abacus deal to investors like foreign banks, pension funds, insurance companies and other hedge funds.

But the deck was stacked against the Abacus investors, the complaint contends, because the investment was filled with bonds chosen by Mr. Paulson, who is not named in the suit, as likely to default. Goldman told investors in Abacus marketing materials reviewed by The Times that the bonds would be chosen by an independent manager.

“The product was new and complex, but the deception and conflicts are old and simple,” Robert Khuzami, the director of the S.E.C.’s division of enforcement, said in a statement. “Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party.”

In response Goldman Sachs says:

The SEC’s charges are completely unfounded in law and fact and we will vigorously contest them and defend the firm and its reputation.

Yeah, sure the accusations are unfounded. If I were a Goldman employee; I would be looking for a new job pronto.

From the SEC Press Release:

The SEC’s complaint alleges that after participating in the portfolio selection, Paulson & Co. effectively shorted the RMBS portfolio it helped select by entering into credit default swaps (CDS) with Goldman Sachs to buy protection on specific layers of the ABACUS capital structure. Given that financial short interest, Paulson & Co. had an economic incentive to select RMBS that it expected to experience credit events in the near future. Goldman Sachs did not disclose Paulson & Co.’s short position or its role in the collateral selection process in the term sheet, flip book, offering memorandum, or other marketing materials provided to investors.

The SEC alleges that Goldman Sachs Vice President Fabrice Tourre was principally responsible for ABACUS 2007-AC1. Tourre structured the transaction, prepared the marketing materials, and communicated directly with investors. Tourre allegedly knew of Paulson & Co.’s undisclosed short interest and role in the collateral selection process. In addition, he misled ACA into believing that Paulson & Co. invested approximately $200 million in the equity of ABACUS, indicating that Paulson & Co.’s interests in the collateral selection process were closely aligned with ACA’s interests. In reality, however, their interests were sharply conflicting.

According to the SEC’s complaint, the deal closed on April 26, 2007, and Paulson & Co. paid Goldman Sachs approximately $15 million for structuring and marketing ABACUS. By Oct. 24, 2007, 83 percent of the RMBS in the ABACUS portfolio had been downgraded and 17 percent were on negative watch. By Jan. 29, 2008, 99 percent of the portfolio had been downgraded.

Investors in the liabilities of ABACUS are alleged to have lost more than $1 billion.

The SEC’s complaint charges Goldman Sachs and Tourre with violations of Section 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934, and Exchange Act Rule 10b-5. The Commission seeks injunctive relief, disgorgement of profits, prejudgment interest, and financial penalties.

Allow me to humbly submit that I hope that these bastards get exactly what is coming to them. I mean, these guy literally gambled as the stock market and by proxy; our economy went straight into the toilet. Many people that I know; like my parents, lost a good deal of money on this stuff. Not only that, after the credit crises hit; G.M. ended up having to shed a bunch of expenses; and as a result, my parents lost their optical and dental insurance. That came as a indirect result of this Wall Street mess. So, as far as I am concerned; throw the book at these bastards.

Capitalism is one thing, heartless greed is another; and these bastards crossed that line, big time. 😡

Video: Is the Stimulus Working?

This comes via R.S. McCain:

Video: America's Comeback

This Comes via The Other McCain:

RGA 2009 Chairman’s Report

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The revolution starts today. What are you doing?

Tag: Wall Street Crisis