Since 1982, the United States has run $5.7 trillion in trade deficits in manufactured goods, and $2.1 trillion in trade deficits in auto parts, trucks and automobiles. In the Bush years alone, the United States ran more than $1 trillion in trade deficits in auto parts, trucks and cars.
These statistics, these realities — factories closing in the United States, manufacturing jobs being outsourced in the millions to China and Asia, enormous, endless trade deficits in goods — testify to a painful truth: America is a receding and declining world power.
And in dealing with this systemic crisis, Obama’s stimulus package is as irrelevant as were the Bush tax cuts.
How do we correct those “trade-related imbalances” of which Volcker spoke? We must export more and import less, save more and spend less, produce more and consume less. We need to emulate the ants and behave less like the grasshoppers of summer.
But how do you tell that to two generations of Americans who have been raised in an era of entitlement?
America needs an Industrial Policy.
But how do you tell that to Americans indoctrinated in the hoary myth that Reed Smoot and Willis Hawley caused the Great Depression and anything that sounds like America First risks a rerun of the 1930s?
Tag: Democrats
Stay Classy William Teach AKA Porter Good
First off, as a rule, I do not get myself involved with what other people write on their Blogs. I believe in freedom of speech, Freedom of Expression and so forth.
However, this morning, I happen to come across something that caught my eye. If you’re following the headlines, there is a woman who’s a columnist at the Tennessean. Her name is Gail Kerr. She wrote a piece on some Tennessee lawmakers who are pursuing the Obama birth certificate issue.
Now let me say from the outset that I respect her opinions; I do not agree with them, at all. However, I happen to read a blog reaction to what she had written over at pirate’s cove, which is owned by a one William Teach, who’s real name is Porter Good. As I suspected, it was of the usual Conservative affair, criticize the piece and take gentle pokes at the author. However, there was a small bit in this piece that I found to be most offensive and I thought I would blog about it, and possibly inform Mr. Teach, that there are others out there that read his Blog. The offending part is underlined:
After eight years of the Left accusing Bush of everything that they don’t blame on anthropogenic global warming, and sometimes they blame both, with little to no proof, lefties, still riding high on hopeNchange, and probably the fumes from their black velvet Obama paintings, just do not like it when anyone asks for simple proof of Obama’s citizenship. Witness barking moonbat, and member of The Tennessean, Gail Kerr take on the subject of Barry’s birth certificate (and, hopefully, Jenny Craig)
The picture of the Woman in question:
Mr. Teach, let me remind you sir, that there are people in this world, who are not of perfect physical condition. As someone who is overweight and has struggled with weight gain for my entire life. I found your crass, asinine, dig towards this woman’s weight to be totally uncalled for, over the top and quite frankly immature, and most unbecoming of a Conservative Blogger. While I wholeheartely agree with you on your assessment of B. Hussein Obama, I do not believe that the personal insult of this woman’s Physical appearance was even remotely needed in the context of this discussion.
While I realize that a Blogger of any sort of integrity would ‘Man Up” and apologize, I do not expect this of teach at all. As I have observed, he has spent the good part of his Blogger career, cheerleading for George W. Bush and kissing the ass of the Podhoretz clan; so, one can only expect so much.
Update: Porter Good posts in the comments section says, verifying his true depraved nature:
And, yeah, I defended W when he deserved it, and attacked him when he deserved that, particularly on illegal immigration. As far as the Podhertz crack, that sounds vaguely anti-semetic on your part. Are you a Jew hater? Sounds like you owe me an apology. Oh, I misread your intent? Goodness!
It’s quite funny, when confronted with the truth, Neo-Con’s resort to playing the race card. Just like their Democrat counterparts. (There are those who would say that Democrats and Neo-Cons are one in the same, but that’s out of the scope of this discussion…) Identity Politics is such a tragic thing, on the left….. and the Right.
Others: The Moderate Voice, Washington Monthly, At-Largely, and The Mahablog
Hurry up and Wait
The Economy is going to hell and a hand basket and the President is shirking his responsibilities to take the First bitch Lady out for Valentines Day.
After pushing Congress for weeks to hurry up and pass the massive $787 billion stimulus bill, President Obama promptly took off for a three-day holiday getaway.
Obama arrived at his home in Chicago on Friday, and treated wife Michelle to a Valentine’s Day dinner downtown last night. The couple was spotted leaving upscale Table Fifty-Two, which specializes in Southern cuisine, with the first lady toting what appeared to be a doggie bag.
The president plans to spend the Presidents’ Day weekend in the Windy City, and is not expected to sign the bill until Tuesday, when he travels to Denver to discuss his economic plan.
Both the House and Senate passed the bill Friday night.
The push to get the bill through before the holiday weekend was so frantic, members of Congress didn’t have a chance to read all 1,071 pages of the document before they could vote.
After all, what does he care? That Limousine Liberal does not care, he’s got money coming out his rather skinny wazoo…
Of course, I just loved this comment over at the Post:
ConcernedAmerican wrote:libh8r wrote:
I wander what was in the doggy bag that Michelle was carring home???
It’s Barry’s Balls
Indeed.
From the Dept. of "Say Wha?" Democrat Camille Paglia rips the Fairness Doctrine!
I know, that’s what I said too. 😮
Glad to see someone on the left knows what that’s all about!
Watch it:
Link: 
(H/T AllahPundit)
Faux Conservative Arlan Spector "Republicans Support Stimulus, Don't Want 'Fingerprints' On It"
Oh Please, this is about the lamest damn thing ever….
Sen. Arlen Specter (R-PA), who broke with his party to support President Obama’s stimulus package last week, said before the final vote Friday that more of his colleagues would have joined were they not afraid of the political consequences.
“When I came back to the cloak room after coming to the agreement a week ago today,” said Specter, “one of my colleagues said, ‘Arlen, I’m proud of you.’ My Republican colleague said, ‘Arlen, I’m proud of you.’ I said, ‘Are you going to vote with me?’ And he said, ‘No, I might have a primary.’ And I said, ‘Well, you know very well I’m going to have a primary.'”
Specter, along with centrist Maine Republican Senators Susan Collins and Olympia Snowe, joined with Democrats last week to move the stimulus bill forward. Specter said he doubted there would be any more Republican votes than those three Friday night.
“I think there are a lot of people in the Republican caucus who are glad to see this action taken without their fingerprints, without their participation,” he said.
Specter was asked, How many of your colleagues?
“I think a sizable number,” he said. “I think a good part of the caucus agrees with the person I quoted, but I wouldn’t want to begin to speculate on numbers.”
via HuffPo Says: Republicans Support Stimulus, Don’t Want ‘Fingerprints’ On It.
Name one, Arlan, name just one. I dare you. Truth is, there were no other supporters, nobody self-loving Republican, Conservative or Libertarian would ever vote for a bill of this sort. This bill is nothing more than watered down, and in some places; not-so-watered down communism!
I find it absolutely amazing that Sen. Arlan Specter would stoop to outright lying about something as paramount as this bill.
Others: Gateway Pundit
Watch the Video that two liberal stations refused to air!
Remember the program that the liberal station in Michigan here refused to air, that I blogged about?
Well, it turns out, two stations; one in Michigan here and one in Ohio refused to air the program.
Here is that program in full:
You can order this program to show at your Church and you can order the entire series of “Speechless…Silencing the Christians.”
Christians and Conservatives alike need to take a stand against the radical gay agenda!
Trackposted to Nuke’s, Rosemary’s Thoughts, Allie is Wired, Woman Honor Thyself, Walls of the City, The World According to Carl, DragonLady’s World, Shadowscope, The Pink Flamingo, Cao’s Blog, CORSARI D’ITALIA, Democrat=Socialist, Conservative Cat, and Gone Hollywood, thanks to Linkfest Haven Deluxe.
Heckuva of a job Feinstein
What an idiot…..
A senior U.S. lawmaker said Thursday that unmanned CIA Predator aircraft operating in Pakistan are flown from an airbase inside that country, a revelation likely to embarrass the Pakistani government and complicate its counterterrorism collaboration with the United States.
The disclosure by Sen. Dianne Feinstein (D-Calif.), the chairwoman of the Senate Intelligence Committee, marked the first time a U.S. official had publicly commented on where the Predator aircraft patrolling Pakistan take off and land.
At a hearing, Feinstein expressed surprise at Pakistani opposition to the ongoing campaign of Predator-launched CIA missile strikes against Al Qaeda targets along Pakistan’s northwest border.
“As I understand it, these are flown out of a Pakistani base,” she said of the planes.
via Predator drones flown from base in Pakistan, U.S. lawmaker says — chicagotribune.com.
Feinstein ought to be arrested and tried on treason. Revealing Government secrets is illegal. But because she’s a Democrat, nothing will happen.
Others: protein wisdom, Wizbang , The Strata-Sphere, HotAir
The Washington Post Promotes Communism
They’re not even trying to hide it anymore.
Via the Washington Post:
The U.S. banking system is close to being insolvent, and unless we want to become like Japan in the 1990s — or the United States in the 1930s — the only way to save it is nationalization.
As free-market economists teaching at a business school in the heart of the world’s financial capital, we feel downright blasphemous proposing an all-out government takeover of the banking system. But the U.S. financial system has reached such a dangerous tipping point that little choice remains. And while Treasury Secretary Timothy Geithner’s recent plan to save it has many of the right elements, it’s basically too late.
The subprime mortgage mess alone does not force our hand; the $1.2 trillion it involves is just the beginning of the problem. Another $7 trillion — including commercial real estate loans, consumer credit-card debt and high-yield bonds and leveraged loans — is at risk of losing much of its value. Then there are trillions more in high-grade corporate bonds and loans and jumbo prime mortgages, whose worth will also drop precipitously as the recession deepens and more firms and households default on their loans and mortgages.
Last year we predicted that losses by U.S. financial institutions would hit $1 trillion and possibly go as high as $2 trillion. We were accused of exaggerating. But since then, write-downs by U.S. banks have passed the $1 trillion mark, and now institutions such as the International Monetary Fund and Goldman Sachs predict losses of more than $2 trillion.
But if you think that $2 trillion is high, consider our latest estimates at RGE Monitor, the financial Web site we run: They suggest that total losses on loans made by U.S. banks and the fall in the market value of the assets they are holding will reach about $3.6 trillion. The U.S. banking sector is exposed to half of that figure, or $1.8 trillion. Even with the original federal bailout funds from last fall, the capital backing the banks’ assets was only $1.4 trillion, leaving the U.S. banking system about $400 billion in the hole.
Nationalization is Federal Ownership of a private industry; which is what Communist Russia did during the soviet era. It is Communism. This is the agenda of the Liberal left, the Federal ownership of the banking system. It also sets the United States up for the Biblical Mark of the Beast.
We are living in dangerous times.
From the Bible:
And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy. And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority. And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast. And they worshipped the dragon which gave power unto the beast: and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him? And there was given unto him a mouth speaking great things and blasphemies; and power was given unto him to continue forty and two months. And he opened his mouth in blasphemy against God, to blaspheme his name, and his tabernacle, and them that dwell in heaven. And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations. And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world. If any man have an ear, let him hear. He that leadeth into captivity shall go into captivity: he that killeth with the sword must be killed with the sword. Here is the patience and the faith of the saints. And I beheld another beast coming up out of the earth; and he had two horns like a lamb, and he spake as a dragon. And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed. And he doeth great wonders, so that he maketh fire come down from heaven on the earth in the sight of men, And deceiveth them that dwell on the earth by the means of those miracles which he had power to do in the sight of the beast; saying to them that dwell on the earth, that they should make an image to the beast, which had the wound by a sword, and did live. And he had power to give life unto the image of the beast, that the image of the beast should both speak, and cause that as many as would not worship the image of the beast should be killed. And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six. (Revelation 13:1-18 KJV)
Others: The Corner, Vox Popoli
Keith Olbermann Shows his Hypocrisy and I call him on it!
I find it very interesting, that Keith Olbermann will use a word, that he continually excoriated the Bush Administration for using.
Watch it:
D'oh! Obama Says "Stimulus Bill will let Caterpillar rehire people"; Caterpillar Says, No, it won't
A rather snort worthy blurb!
President Obama today repeated the claim we asked about yesterday at the press briefing that Jim Owens, the CEO of Caterpillar, Inc., “said that if Congress passes our plan, this company will be able to rehire some of the folks who were just laid off.”
Caterpillar announced 22,000 layoffs last month.
But after the president left the event, Owens said the exact opposite.
Asked if the stimulus package would be able to stop the 22,000 layoffs or not, Owens said, “I think realistically no. The truth is we’re going to have more layoffs before we start hiring again”
“It is going to take some time before that stimulus bill” means re-hiring, he said.
You’d think Obama would learn them supporters to stick to the script!
HotAir.com’s AllahPundit Snarks:
Exit question: How soon before Tapper gets kicked off Air Force One?
Ha! That’s just too funny. 😆
I do believe however that many people in America are thinking, “How long until President Obama get’s his shit together?”
It’s a very valid question.
Others:RedState and Stop The ACLU
