Here is a very excellent video on the life of John Birch:
This video is by the founder of the John Birch Society, Robert Welch explaining what the John Birch Society is about:
Tag: Government
Japan's Economy on the verge of collapse as well.
Russia is not the only one. Japan now is on the verge of collapse as well.
A reader chided me for not making note of the truly dreadful factory output figures released last Thursday, which showed a fall of 9.6%.
I have to confess that I have fallen into “Japan bad news” syndrome, in that I expect bad news out of Japan and therefore did not focus enough on the details. And while I do not aspire to covering every financial news story (that’s what the MSM is for), the latest figures paint a grim picture, even by our new, desensitized standards.
It wasn’t simply that December was truly awful, but it came on top of a nearly-as-bad November
via naked capitalism: Veneroso: Japan on the Edge of the Abyss.
Again, this is what happens when you inflate a money supply and create a bubble.
Yves continues:
Yves here. I only get the privilege of reading Veneroso now and again, but I cannot recall him taking a tone remotely like what follows:
I have been writing about an Asian black hole for almost two months now. I have been crying from the rooftops about an emerging depression in Japan. It has been as though a neutron bomb had gone off in the world. There was no one who seemed to notice, no one who seemed to listen.Every week it gets worse and worse and worse. Today it was Japan….
THERE HAS NEVER BEEN DATA THIS BAD FOR ANY MAJOR ECONOMY – EVEN IN THE GREAT DEPRESSION. December industrial production came in down 9.6%, worse than the METI forecast. It is now down almost 21% year over year. METI forecasts a further 4.7% decline in February. The inventory to production ratio soared again. Maybe METI will be correct.
If it is, Japan industrial production will have fallen 28% (non annualized) in four months. It will have fallen by a third in about a year. Nothing in the history of major nations compares. A 28% decline in four months would be more than half of the entire decline in U.S. industrial production over the 3 years and nine months of the U.S. Great Depression.
It would be a greater decline in four months than in any 12 month period in the Great Depression in the U.S. We are literally looking at the unimaginable. (I am attaching the U.S. industrial production index from the Great Depression for comparison).
IT’S A DEPRESSION IN JAPAN – ALREADY – PURE AND SIMPLE.
If this is true, unless President Obama can pull some sort of a miracle out of his rather skinny ass. We are in deep trouble. The reason I say this is because we are in a Globalist Economy, whether we like it or not, and Japan’s failures are our failures as well.
I think it will get much worse, before it gets any better. 🙁
(Via Freedom’s Phoenix)
So now they are listening to him.
I’m shocked.
Tom Daschle has serious issues with taxes.
Seems Senator Tom Daschle has got issues. Big Issues. 😮
ABC News has learned that the nomination of former Senator Majority Leader Tom Daschle, D-S.D., to be President Obama’s secretary of health and human services has hit a traffic snarl on its way through the Senate Finance Committee.
The controversy deals with a car and driver lent to Daschle by a wealthy Democratic friend — a chauffeur service the former senator used for years without declaring it on his taxes.
It remains an open question as to whether this is a “speed bump,” as a Democratic Senate ally of Daschle put it, or something more damaging.
I saw this last night and I thought, “Okay, no big deal.” But then I read about this:
Via Jack Tapper:
ABC News has obtained the Senate Finance Committee Report on Tom Daschle’s nomination to be Secretary of the Department of Health and Human Services, which indicates that Daschle’s tax problems were even more substantial than earlier reported.
The report indicates that Daschle’s failure to pay more than $101,000 taxes on the car and driver a wealthy friend let him use from 2005 through 2007 is not the only tax issue the former Senate Majority Leader has been dealing with since his December nomination prompted a more thorough examination of his income tax returns.
Mr. Daschle also didn’t report $83,333 in consulting income in 2007.
The Senate Finance Committee Report also notes that during the vetting process, President Obama’s Transition Team “identified certain donations that did not qualify as charitable deductions because they were not paid to qualifying organizations. Daschle adjusted his contribution deductions on his amended returns for 2005, 2006 and 2007 to remove these amounts and add additional contributions.” This adjustment meant a reduction in the amount he contributed to charitable foundations of $14,963 from 2005 through 2007. With the unreported income from the use of a car service in the amounts of $73,031 in 2005, $89,129 in 2006 and $93,096 in 2007; the unreported consulting income of $83,333 in 2007; and the adjusted reductions in charitable contributions, Daschle adds a total of $353,552 in additional income and reduced donations, meaning an additional tax payment of $128,203, in addition to $11,964 in interest.
On January 2 of this year, Daschle filed amended tax returns to pay the $140,167 in unpaid taxes.
Oy Vey… Good luck in getting confirmed dude. I mean, not to sound crass, but; how the fuck can you forget to pay your damn taxes? It must be nice to have so much money that you cannot remember how much you have, so you can pay your taxes! I mean, I’ve got 43 bucks and some change (Not hope and change!) in my account, luckily for me, I’ve been out of work so damned long that I do not have to pay income taxes this yet. I even called to make damned sure too; anyhow, I’m just saying man, how can someone forget? Just does not make any damned sense.
Of course, if this blog takes off; I might have to start paying taxes on the income and register a business name and all. But I’m nowhere near that level, yet. I’m getting decent hits, but zero income. I mean, 10 bucks here, 3 bucks there. But nothing huge, yet. It takes time, I suppose.
Others on the subject: The Hill’s Blog Briefing Room, Fox News, Washington Monthly, The Politico, Outside The Beltway, USA Today, Fausta’s Blog, Warner_Todd_Huston’s blog, QandO, RedState, TigerHawk, Hot Air, NewsBusters.org, Neptunus Lex, Betsy’s Page, TIME.com, Don Surber, The Moderate Voice, Glenn Thrush’s Blogs, PoliticalBase.com Blog, D-Day and AmSpecBlog and More via Memeorandum
Guest Video: The Southern Avenger on "A Republican Realignment?"
Why does America always do stupid things like this?
I will never, ever understand why America does stupid things like this right here, ever!
The Obama administration on Friday made an emergency contribution of more than $20 million for urgent relief efforts in the Gaza Strip, a day after the United Nations launched a flash appeal for $613 million to help Palestinians recover from Israel’s three-week military operation there.
The State Department said President Barack Obama had authorized the use of $20.3 million from the U.S. Emergency Refugee and Migration Assistance Fund for humanitarian assistance to the 1.4 million Palestinians in Gaza.
The money will go to U.N. agencies and the International Committee of the Red Cross, which are distributing emergency food assistance, providing medical care and temporary shelter, creating temporary employment and restoring access to electricity and potable water, the department said in a statement.
The Israeli offensive killed nearly 1,300 Palestinians, including hundreds of civilians, and caused an estimated $2 billion in damage, Palestinian officials say. The assault was launched to halt years of Hamas rocket fire on southern Israel.
You want to know where this money is going to end up? In the hands of Hamas, the very terrorist organization that was attacking Israel, in the first place. This money is supposed to be reserved for American Citizens, not for foreign countries! You know, I find it absolutely amazing that the United States of America, would support a military attack on Gaza by Israel to defeat terrorists; only to have them send aid to the very people that Israel attacked. Not only this, our government is using money that is specifically earmarked for the people of the United States of America. This is an outrage! Someone should be complaining to the high Heavens about it!
The reason this outrages me so much is this; yeah, that money might go to American agencies approved by our Government, but ultimately, it will end up right back into the hands of the Hamas terrorists.
I will never understand why America continues to prop up those they claim are terrorists.
Former Obama Aid, Samantha Power to be appointed to Foreign Policy Job; at the White House
Yes, you read that correctly…:
Samantha Power, the Harvard University professor who earned notoriety for calling Hillary Rodham Clinton a “monster” while working to elect Barack Obama president, will take a senior foreign policy job at the White House, The Associated Press has learned.
Officials familiar with the decision say Obama has tapped Power to be senior director for multilateral affairs at the National Security Council, a job that will require close contact and potential travel with Clinton, who is now secretary of state. NSC staffers often accompany the secretary of state on foreign trips.
The officials spoke on condition of anonymity because Power’s position, as well as that of other senior NSC positions, have not yet been announced. One official said the announcements would be made in the near future.
White House officials would not provide details of Power’s new role.
via The Associated Press: Professor who slammed Clinton will be Obama aide.
It should be noted that this woman is very highly Anti-Israel, and pro-Palestinian. Not to mention, she is a immigrant from Ireland. Could not Obama find a natural-Born American citizen to do the job? Oh, Wait, my bad; The Democratic Party is the party of immigrants, especially the illegal kind. Not to mention the fact that the Democratic Party is the party of terrorist appeasers. So, this just goes with the territory.
Others: Power Line, Hot Air, The Atlanticist, Pajamas Media, Little Green Footballs, Outside The Beltway, Patterico’s Pontifications and normblog
Zo breaks it down about "The Pledge"
For the record, he’s talking about this here.
He also makes some very valid point about the Libertarians. Although, there are some legit arguments to his comments. It is quite an awesome thing to watch.
Good luck with that!
The DC Examiner challenges President Obama:
“After a relentless expansion of big government for decades under both Republican and Democratic administrations, the nation’s economy is finally buckling under the load. In his inauguration address, President Barack Obama blamed “greed and irresponsibility on the part of some, but also our collective failure to make hard choices and prepare the nation for a new age.” But Obama’s $825 billion stimulus plan contains few “hard choices”- just lots more government spending.
“The hardest choice off all is to scale back government at the local, state and federal levels and stop the seemingly inexorable growth of entitlement programs that are bankrupting the nation. But is the Obama administration up to this kind of real change?”
I hate to say it, but it’s just not going to happen.
Welcome to the new nationalized USA!
(Via the Libertarian Party Blog) (H/T IPR Blog)
Family Planning money…..under the bus!
Obama finally capitulates.
WASHINGTON – House Democrats are likely to jettison family planning funds for the low-income from an $825 billion economic stimulus bill, officials said late Monday, following a personal appeal from President Barack Obama at a time the administration is courting Republican critics of the legislation.
Several officials said a final decision was expected on Tuesday, coinciding with Obama’s scheduled visit to the Capitol for separate meetings with House and Senate Republicans.
The provision has emerged as a point of contention among Republicans, who criticize it as an example of wasteful spending that would neither create jobs nor otherwise improve the economy.
Under the provision, states no longer would be required to obtain federal permission to offer family planning services — including contraceptives — under Medicaid, the health program for the low-income.
via Officials: Family planning money may be dropped – Yahoo! News.
I must say, I cannot criticize Obama for this one. Because I feel abortion is murder, I am glad to see that Obama is telling Democrats in Congress to dump this. This is one that I will give him credit for. The Economy can be recovered without paying for abortions or handing out condoms. I find it quite shocking that the Democrats would use a economic situation like this, to further a murderous agenda.Which furthers my belief that the Democratic Party has become the communist party and an Anti-Christian, Anti-Life party.
(Via Memeorandum)
