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.

 

Catholics are not the only ones raising cain about the healthcare issue

The Baptists are raising a stink about it too.

There is this:

WASHINGTON (BP) — The issue at the center of the swelling controversy over the Obama administration’s refusal to protect the conscience rights of employers in its “contraceptive mandate” is “about as basic as it gets,” especially for Baptists, says Richard Land.

“Does the government have the right to intrude on the consciences of people to force them to pay for that which they find unconscionable? This goes contrary to our tradition in this country and contrary to our understanding of the First Amendment’s religious freedom protections,” Land said Feb. 9 in explaining what is at the heart of the debate.

“In my opinion, a Baptist needs to take a stand on this issue. Our Baptist forefathers went to prison and died for the freedoms that we have, and now it’s our responsibility in the providence of God to defend these freedoms lest they be taken away by government fiat,” said Land, president of the Southern Baptist Ethics & Religious Liberty Commission.

via Baptist Press – Land: Obama mandate is a Baptist issue – News with a Christian Perspective.

Then there is this, also via Baptist Press:

“I’d go to jail rather than cave in to a government mandate that violates what God commands us to do. Would you? Acts 5:29,” author and pastor Rick Warren wrote on his Twitter account Feb. 7 before adding, “I’m not a Catholic but I stand in 100% solidarity with my brothers & sisters to practice their belief against govt pressure.”

Like I wrote earlier about the Catholics; my advice to my fellow Baptists, do not settle for anything other than a FULL and Complete exemption to this rule. I have to admire the Baptists and other Christian who are showing their boldness in this very important issue. Although, I really wished they would have shown the same sort of boldness, on the issue of the Iraq War. But, at this point, I will take any kind of boldness I can get. 😀

 

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.

 

 

SHOCKA!: Romney ‘glitter bomber’ worked for Democrats

Big surprise there…

DENVER — The college student accused of “glitter bombing” Mitt Romney after the Colorado caucuses has been fired from his unpaid internship with state Senate Democrats.

A person in the crowd, center facing camera with head down, is removed from Republican presidential candidate former Massachusetts Gov. Mitt Romney’s Colorado caucus night rally, after he threw glitter toward Romney in Denver, Tuesday, Feb. 7, 2012. (AP Photo/Gerald Herbert)

Police say 20-year-old Peter Smith threw glitter at Romney as the Republican presidential hopeful greeted supporters in Denver on Tuesday. Smith faces charges of causing a disturbance, throwing a missile and unlawful acts.

Colorado Senate majority chief of staff John Cevette says Smith was terminated Thursday. He was interning as part of a course at the University of Colorado Denver.

Some activists have used “glitter bombing” to protest politicians’ opposition to same-sex marriage. Smith has said glittering Romney was worth it, but he worries he could be expelled from school.

via Romney ‘glitter bomber’ fired from internship  | ajc.com.

Instapundit calls it a “Hit Job.”

Personally, I think that Romney ought to be glad it was just glitter and not something worse.  Just saying.

 

Retreat: White House to offer ‘Accommodation’ to religious groups on contraception issue

That was quick….

The Video:

News:

With the White House under fire for its new rule requiring employers including religious organizations to offer health insurance that fully covers birth control coverage, ABC News has learned that later today the White House — possibly President Obama himself — will likely announce an attempt to accommodate these religious groups.

The move, based on state models, will almost certainly not satisfy bishops and other religious leaders since it will preserve the goal of women employees having their birth control fully covered by health insurance.

Sources say it will be respectful of religious beliefs but will not back off from that goal, which many religious leaders oppose since birth control is in violation of their religious beliefs.

One source familiar with the decision described the accommodation as “Hawaii-plus,” insisting that it’s better than the Hawaii plan — for both sides.

via White House to Announce ‘Accommodation’ for Religious Organizations on Contraception Rule – ABC News.

InstaPundit says:

My advice to the bishops: He’s on the run — don’t settle for his opening bid.

Indeed. If I were them, I would inform the President that they would settle for nothing less then total exemption

Video: New RNC Ad — Five Years Later

(Via InstaPundit)

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The real question is this; would America be any better under a big Government statist Republican like Mitt Romney or Newt Gingrich…. or a Christian Statist like Rick Santorum?

I tend to believe that not to be the case.

Ed Husain: US must stay out of Syria

A very reasonable argument:

In reality, this would mean the United States would once again carry the heavy burden of war. In NATO’s recent operation in Libya, the United States provided 75% of the reconnaissance data, surveillance, intelligence and refueling planes. Syria is not Libya, and NATO without the United States is not up to the job.

The Arab League is no match for a brutal Syrian regime backed by Russia, China and Iran.

In essence, therefore, we must stop pretending about NATO or the Arab League intervening and accept that it is not “international intervention,” but U.S. military intervention that is being sought in yet another Muslim-majority country. The Muslim dimension is important because the lessons of Lebanon, Iraq, Palestine and Afghanistan are that, invariably, intervention leads to occupation, which leads to varying degrees of Islamist radicalization

via West must not intervene militarily in Syria – CNN.com.

I would suggest you go read the rest of that, as it is a very well-reasoned argument against the United States getting involved in the Syria conflict. Now watch the Trotskyite Wilsonian Conservative war hawks tear this man to shreds for daring to say that we should not get involved.

The truth is folks; we are broke as a Nation. We just checked out of one Country and we are trying like heck to get out of another one. Going into this conflict would be, quite bluntly, crazy. Here is hoping that Obama listens to this reason and does not get involved. Syria is not Libya; and it damned sure is not Iraq. Different Nations, Different battles and a bunch of different issues here. Because of this, it would be in our best interest to stay out of it.

 

 

Fox Business Network Drops Judge Napolitano

First they got rid of Glenn Beck and now Fox News Channel’s Business network gives Judge Napolitano the axe.

Alternate headline: Fox News goes back to its Neoconservative roots and kicks the Paleoconservative voices out.

The Story:

In a surprise announcement Thursday afternoon, the Fox Business Network announced a major makeover of its primetime lineup. The new look slate will feature re-airs of The Willis Report, Cavuto, and Lou Dobbs Tonight, while ending the runs of FreedomWatch with Judge Andrew Napolitano, Power & Money with David Asman, and Follow the Money with Eric Bolling. In addition, the network will be developing a new show featuring Melissa Francis, which will eventually air at 5 p.m., bumping Gerri Willis‘ live show to 8 p.m. (Willis will air live at 5 p.m. with re-airs at 8 p.m. until the second quarter).

via Fox Business Network Drops Bolling, Napolitano Shows In Primetime Shuffle | Mediaite.

I did not always agree with Judge Napolitano, who is a Ron Paul supporter. But I will say this; he has in the past called out the Wilsonian Trotskyite crowd for what they truly are and I commend him for that.  I wish the Judge all the best and if I were him, I would be heading over to Glenn Beck’s network and trying to make a deal. Fox News never was one to stray too far away from they consider to be “Mainstream” Conservative thought. Paleoconservatives and libertarians were only there to be, like liberals, to be made sport of. They do it Bob Beckle and also to John Stossel. If I were John Stossel, I would be making sure my ship was secure, if not; I would be looking elsewhere too.

Again, it is a shame that this is going on, but that is the business of media; they follow the winds and when the winds change, networks have to react.