Category: Stupidity

Swiss are not happy about US probe of UBS

Now this is interesting:

The right-wing Swiss People’s Party (SVP) called on Saturday for retaliation against the United States over a U.S. tax probe into the country’s biggest bank UBS that threatens prized banking secrecy.

The populist SVP, the country’s biggest party, said Switzerland should not take in any detainees from the U.S. prison for terrorism suspects at Guantanamo Bay in Cuba, which the Swiss government said last month it could consider to help shut the camp down.

Switzerland should also reconsider its policy of representing the United States in countries where it has no diplomatic presence, the parliamentary SVP said in a statement.

The SVP said gold stored by the Swiss National Bank in the United States should be repatriated and Switzerland should ban the sale of U.S. funds in the country to protect Swiss investors after the failure of U.S. regulators.

The SVP has one minister in the seven-member Swiss government which is made up of the biggest four parties, but its populist policies have shaken up usually consensual Swiss politics.

via Swiss party wants to punish U.S. for UBS probe – Reuters.

You see, this is what happens, when the United States entangles itself in the affairs of other Governments. Switzerland has been a neutral country for years and a somewhat friend of ours, now they’ve become a enemy. Real smart there Barry, Real fucking smart.


Obama to Unveil Class Warfare Plan

I knew this was coming:

President Obama is putting the finishing touches on an ambitious first budget that seeks to cut the federal deficit in half over the next four years, primarily by raising taxes on business and the wealthy and by slashing spending on the wars in Iraq and Afghanistan, administration officials said.

In addition to tackling a deficit swollen by the $787 billion stimulus package and other efforts to ease the nation’s economic crisis, the budget blueprint will press aggressively for progress on the domestic agenda Obama outlined during the presidential campaign. This would include key changes to environmental policies and a major expansion of health coverage that Obama hopes to enact later this year.

A summary of Obama’s budget request for the fiscal year that begins in October will be delivered to Congress on Thursday, with the complete, multi-hundred-page document to follow in April. But Obama plans to unveil his goals for scaling back record deficits and rebuilding the nation’s costly and inefficient health care system Monday, when he addresses more than 100 lawmakers and budget experts at a White House summit on restoring “fiscal responsibility” to Washington.

In his weekly radio and Internet address today, Obama expressed determination to “get exploding deficits under control” and described his budget request as “sober in its assessments, honest in its accounting, and lays out in detail my strategy for investing in what we need, cutting what we don’t, and restoring fiscal discipline.”

Reducing the deficit, he said, is critical to the nation’s future: “We can’t generate sustained growth without getting our deficits under control.”

Obama faces the long-term challenge of retirement and health programs that threaten to bankrupt the government years down the road, as well as the more immediate problem of deficits bloated by spending on the economy and financial-system bailouts. His budget proposal takes aim at the short-term problem, administration officials said, but also would begin to address the nation’s chronic budget imbalance by squeezing savings from the federal health programs for the elderly and the poor.

Even before Congress approved the stimulus package earlier this month, this year’s deficit was projected by Congressional budget analysts to approach $1.2 trillion, or 8.3 percent of the overall economy, the highest since World War II. With the stimulus and other expenses, some analysts say the annual gap between federal spending and income could approach $2 trillion when the fiscal year ends in September.

Obama proposes to dramatically reduce those numbers by the end of his first term, cutting the deficit he inherited in half, said administration officials, speaking on condition of anonymity because the budget has yet to be released. His budget plan would keep the deficit hovering near $1 trillion in 2010 and 2011, but shows it dropping to $533 billion in 2013 — still high in dollar terms, but a more manageable 3 percent of the overall economy.

To get there, Obama proposes to cut spending and raise taxes. The savings would come primarily from “winding down the war” in Iraq, a senior administration official said. The budget assumes that the nation will continue to spend money on “overseas military contingency operations” throughout Obama’s presidency, the official said, but that number is significantly lower than the nearly $190 billion the nation budgeted for Iraq and Afghanistan last year

via Washington Post – Obama to Unveil an Ambitious Budget Plan.

Well, one can forget about any new jobs coming to Michigan or anywhere else in America, because if Businesses are taxed, they will not hire new people. Just more class warfare from the Democrats. I also notice that Obama is cutting funds to Iraq and Afghanistan, that will be the precursor to ending the war. Because you cannot fight a war, if you do not have the funds.

We are headed into a repeat of the 1990’s all over again, ending the deficit on the backs of the wealthy in the Country, while the rest of Country gets off scott free. Where is the fairness in that? The reason why this is so bad is this, if you tax the wealthy and business owners, they are much less likely to hire new employees and also they are less likely to spend money, thereby adding to the economy. This whole idea of the Democrats of Tax and Spending our way out of our Economic woes is just plain idiotic.

We are headed towards very scary times in America. Act accordingly.

(H/T and Thanks to Drudge)

Awesome Karl Denninger lays the smack down on White Press Secretary Gibbs

This is just too awesome!

Wow! I love it when smart people to stuff like that…

Karl Denninger’s Blog

(H/T Lew Rockwell)

Nothing ever changes in Washington D.C.

Heh.

The Obama administration, siding with former President George W. Bush, is trying to kill a lawsuit that seeks to recover what could be millions of missing White House e-mails.

Two advocacy groups suing the Executive Office of the President say that large amounts of White House e-mail documenting Bush’s eight years in office may still be missing, and that the government must undertake an extensive recovery effort. They expressed disappointment that Obama’s Justice Department is continuing the Bush administration’s bid to get the lawsuits dismissed.

During its first term, the Bush White House failed to install electronic record-keeping for e-mail when it switched to a new system, resulting in millions of messages that could not be found.

The Bush White House discovered the problem in 2005 and rejected a proposed solution.

via Obama administration tries to kill e-mail case – AP.

Hey far lefty liberals! How’s that Hope and Change working out for ya eh? 😆 🙄

Too funny for words. What the Liberals get for putting all thier Faith and trust into a magic moonbat.

Others: Newshoggers.com,  Flopping Aces

Regarding the New York Post's apology

Regarding the New York Post’s Apology and the other stupidity.

I dunno, what ya’ll think?

Family Resemblance?
Family Resemblance?

So, like Michelle said; Sue me.

Other likemided people: Michelle Malkin, Gateway Pundit, Pat Dollard and JOSHUAPUNDIT

Yeah, I know what I wrote here. I still feel that way too. But this is not about Racism, this is about the Liberal Democrats controlling Conservatives right to free speech. The, ahem, chimps Liberal Black Democrats want to control what we honkey White Conservatives write, and I think it is a bunch of bullshit.

So, bring it on, there Mr. “Interloper”.  I dare ya.

Chris Muir also weighs in here:

The White House is Hiring – Liberals only need apply

This is pretty funny.

We’re happy to announce that the jobs application feature is now live on WhiteHouse.gov. The Jobs Application feature enables people everywhere to apply to be considered for a political appointment in President Obama’s Administration. You can get to it by clicking on the “Jobs” link at the very bottom of each of the pages on WhiteHouse.gov.

That link will take you to a page which tells you a little bit more about the application process, with a a button at the bottom marked, “Begin Application Form.” That’s where you fill out your information, upload a resume, and tell us what kinds of positions you’re interested in. But a quick heads up – you have to complete the application in one session, and it’s going to take you about 15 minutes to do it. So before you start, you might want to print the Paper Application, gather up the information you’ll need, then sign back in.

via The White House – Blog Post – Apply for a job.

Of course, if you are White, Bitter, Clingy, Anti-Illegal immigration,  Conservative type; you need not apply. Only Black,  God-Denying, Baby Killing, Gay Enabling, Open border Advocate, Liberals need bother applying.

As Geithner rolls out Bailout Plans and Stimulus passes senate, stocks plummet

So much for reviving the economy. No sooner does Obama’s Treasury secretary roll out his plan for bailing out the banks and Obama’s “stimulus plan” passes muster in the Senate; the stock market drops and drops quite hard.

Here are the charts (as of 1:34 PM EST):

Dow Jones:

image

New York Stock Exchange:

image

The rest of the numbers:

image

So much for Stimulus eh?

I think Barry needs to try again… Badly.

(Charts by Think or Swim)

Fire strikes Beijing Hotel Complex

Holy Moses…. This is wild…:

Via the New York Times:

A fierce fire engulfed one of the Chinese capital’s most architecturally celebrated modern buildings on Monday, the last day of festivities for the lunar new year when the city was ablaze with fireworks. By late evening the blaze was still raging and the cause remained unknown, but it seemed clear that the 34-story structure, not yet completed, had been rendered unusable. The building, a luxury hotel and cultural complex designed by the Dutch architect Rem Koolhaas, is part of China Central Television’s new headquarters, an angular two-legged behemoth built to coincide with the Beijing Olympics last year.

Firefighters, their ladders only reaching up a dozen or so floors, could do little to contain the blaze, a spectacular wall of flames eerily reflected in the glass skin of the adjacent CCTV tower.

The CCTV complex was a hugely expensive trophy of the pre-Olympics building boom, the result of many billions of dollars that the ruling Communist Party had devoted to making Beijing a city of the future. The main CCTV tower appeared untouched by the fire.

The 241-room Mandarin Oriental hotel, which had been due to open this summer, was unoccupied at the time, hotel executives said.

According to Chinese television, the fire began at 8:27 p.m., although witnesses said they spotted flames as early as 7:45 p.m. Within 20 minutes, they said, the fire had spread from the lower floors to the building’s crown. Black smoke drifted across the night sky, obliterating a full moon.

The authorities blocked off a thoroughfare known as the Third Ring Road, which runs adjacent to the complex. Subway cars running underneath the site were briefly halted, stranding thousands of passengers. Frantic police officers tried to shoo away huge crowds as sirens wailed and fireworks lit up the skyline. People watching noted that the timing of the fire — coming at the end of the spring festival — was inauspicious.

While errant fireworks were suspected as a possible cause, fires of such magnitude are nonetheless highly unusual in Beijing.

Videos:

Of course, the Alex Jones crowd is trying to compare it to WTC-7. Proving that you cannot fix stupid. What happened at WTC-7 was that airlines destroyed the Twin Towers and the falling debris from the towers damaged key structural members and the resulting uncontrolled fires led to the collapse hours after the rest of the complex. Anyone who says otherwise is insulting the dead. Which is something Alex Jones is good at. 🙄

Why can’t people just accept the damned truth and be glad they even got it. Damned morons. 😡

Japan could serve as a lesson to the United States

Barack Obama could learn a lesson from Japan. There’s a very good article in the New York Times today, on the mistakes made by the country of Japan in the 1990’s to fix their failing economy:

The Hamada Marine Bridge soars majestically over this small fishing harbor, so much larger than the squid boats anchored below that it seems out of place.

And it is not just the bridge. Two decades of generous public works spending have showered this city of 61,000 mostly graying residents with a highway, a two-lane bypass, a university, a prison, a children’s art museum, the Sun Village Hamada sports center, a bright red welcome center, a ski resort and an aquarium featuring three ring-blowing Beluga whales.

Nor is this remote port in western Japan unusual. Japan’s rural areas have been paved over and filled in with roads, dams and other big infrastructure projects, the legacy of trillions of dollars spent to lift the economy from a severe downturn caused by the bursting of a real estate bubble in the late 1980s. During those nearly two decades, Japan accumulated the largest public debt in the developed world — totaling 180 percent of its $5.5 trillion economy — while failing to generate a convincing recovery.

Now, as the Obama administration embarks on a similar path, proposing to spend more than $820 billion to stimulate the sagging American economy, many economists are taking a fresh look at Japan’s troubled experience. While Japan is not exactly comparable to the United States — especially as a late developer with a history of heavy state investment in infrastructure — economists say it can still offer important lessons about the pitfalls, and chances for success, of a stimulus package in an advanced economy.

The Lesson to be learned here is:

“It is not enough just to hire workers to dig holes and then fill them in again,” said Toshihiro Ihori, an economics professor at the University of Tokyo. “One lesson from Japan is that public works get the best results when they create something useful for the future.

But the real lesson to be learned here is the follow and pay special close attention to what is said here:

In the end, say economists, it was not public works but an expensive cleanup of the debt-ridden banking system, combined with growing exports to China and the United States, that brought a close to Japan’s Lost Decade. This has led many to conclude that spending did little more than sink Japan deeply into debt, leaving an enormous tax burden for future generations.

Gee, is that not what Ron Paul said ALL ALONG, while he was running for President of the United States? For Ron Paul’s troubles and hard work he was slandered, maligned  and marginalized by the Neo-Conservatives who hated him and the Liberal Democrats who were sacred to death of him.

I highly suggest that you read the rest of this article. The United States could learn much from this lesson that Japan had to learn. We could very well end up causing more harm than good to our economy.

Others: Glenn Thrush’s Blogs, Hot Air, A Blog For All, Cafe Hayek, Weekly Standard and QandO