Tag: Obama

Charlie Rangel continues his role as a race-baiting twit

What a buffoon… 🙄

Video:

The story:

On of the main tenets of Eric Bolling‘s show Follow the Money is that a free market economy is fairer and more successful than one administered by the goverment. Tonight, Rep. Charlie Rangel ventured onto the program to make the opposite case: that government jobs were in some ways more attractive, because minorities and women experienced less discrimination.

Bolling opened the floor by asking why the president promotes government jobs. The distrust of the government didn’t surprise the longtime Congressman, but he noted that “a lot of women are involved in these lower income jobs, a lot of minorities,” and later explained, “the government doesn’t have the racism and discrimination that the private sector enjoys.” This, to Rangel, means that “a lot of people could to better with the government job,” both minorities, women, and the elderly, working in places such as the post office. Bolling asked again to confirm whether he really meant the private sector had discrimination.

via Rangel Says Private Sector is Racist – Charlie Rangel – Fox Nation.

Let’s see here; where’s that graphic at?

Whoop, there it is! 😆

Family Of Murdered Border Patrol Agent Brian Terry Files $25M Claim Against ATF

I cannot blame them at all:

The family of murdered Border Patrol agent Brian Terry has filed a $25 million wrongful death claim against the Bureau of Alcohol, Tobacco, Firearms and Explosives claiming Terry was killed with AK-47s that were knowingly sold under the Fast and Furious gunrunning probe to a straw purchaser for drug cartels.

In a 65-page complaint, served on the government on Wednesday, attorneys for the family claim ATF “wrongdoing” in Operation Fast and Furious.

“ATF’s failures were not only negligent but in violation of ATF’s own policies and procedures,” the complaint claims.

The family has also filed a claim against the Lone Wolf Trading Company seeking unspecified damages for negligence in selling the weapons to the purchaser and aiding and abetting in Mexican drug cartels’ conduct.

The claim says Lone Wolf knowingly sold “hundreds of weapons” to various straw purchasers and in turn realized “hundreds of thousands of dollars in profits from these sales.”

The claim alleges that “but for defendants’ negligent and illegal sales … Brian Terry would not have been murdered in the Arizona desert on Dec. 14, 2010.”

The family is seeking a jury trial.

via Family Of Murdered Border Patrol Agent Files $25M Claim Against ATF | Fox News.

Between this and now this bribery scandal, Eric Holder ought to be finding a new line of work.

By the way, you can watch the holder testimony here, it’s a live video feed.

Needless to say, this whole mess is going to be very interesting to follow.

Others: Jammie Wearing Fools, Scared Monkeys, The Gateway Pundit, americanthinker.com and Fox News Insider

Uh-oh: Report: DOJ Prosecutors accepted bribes

I quoted this last night… But I thought I would blog about it too…

A U.S. Justice Department source has told The Daily Caller that at least two DOJ prosecutors accepted cash bribes from allegedly corrupt finance executives who were indicted under court seal within the past 13 months, but never arrested or prosecuted.

The sitting governor of the U.S. Virgin Islands, his attorney general and an unspecified number of Virgin Islands legislators also accepted bribes, the source said, adding that U.S. Attorney General Eric Holder is aware prosecutors and elected officials were bribed and otherwise compromised, but has not held anyone accountable.

The bribed officials, an attorney with knowledge of the investigation told TheDC, remain on the taxpayers’ payroll at the Justice Department without any accountability. The DOJ source said Holder does not want to admit public officials accepted bribes while under his leadership.

via Justice Department | Bribery | Corruption | Financial-Crime Suspects | The Daily Caller.

This makes Fast and Furious look like child’s play. Those hearings on the hill ought to be very interesting to watch. 😯

Update: You can watch that hearing live here.

Others: Doug Ross, Nice Deb, The Right Scoop, Ricochet Conversations Feed, Patterico’s Pontifications and The PJ Tatler

Hope and Change: More Jobs to Disappear

(H/T Insty)

Oh my….:

Disappointing Jobs – While everyone seems to debating what the non-farm payroll numb will be Friday, a few are looking toward the annual revisions in the much debated Birth/Death model.

As you probably recall, it does not refer to the birth or death of humans. The badly named model refers to the birth and death of businesses. Each January the BLS revises the number, usually vaporizing thousands of jobs.

We were going to try and calculate the likely revision, but our sharp-eyed friend over at Bloomberg, Rich Yamarone, as usual, beat us to it. Here’s what he wrote in his Notepad column recently:

The Net Birth/Death (NBD) statistic adjustment – an adjustment the BLS uses to account for job creation or loss with respect to births and deaths of businesses – is always the weakest during January. Over the last five years the NBD for January has averaged -335k. [January 2011: -339k, January 2010: -427k, January2009: -356k, January 2008: -378k, January2007: -175k.]

So, if past is prologue, we could see three or four hundred thousand jobs vanish. Nothing like a dependable indicator.

via Art Cashin Explains Why Several Hundred Thousand Jobs Are About To “Vaporize” | ZeroHedge.

Between this and the new scandal involving Eric Holder, this President is screwed.

Newt Gingrich does not even know how to lose

Just a little cherry on top to what I wrote last night:

Newt Gingrich gave his post-primary speech tonight while gracelessly declining to congratulate the man who beat him by double digits. According to the Romney campaign, Gingrich hadn’t called to congratulate the Florida winner as of 9:30 p.m. ET.

The speech was vintage Gingrich, comparing his predicament to Lincoln at Gettysburg and vowing to conduct a “people’s campaign.” He made one small run at Romney, calling him “the Massachusetts moderate,” and then wandered into a rather trite recitation of his commitment to change. He rambled a bit, getting nostalgic about his Contract with America and assuring us he’d been studying “how to do this” since 1958. (He was running for president as a child?) He is going to get rid of White House czars, move the U.S. embassy in Israel to Jerusalem and halt the war on religion. If there was a theme in there, it was hard to spot.

He obnoxiously ended by pledging: “My life, my fortune, my sacred honor.” But he’s not doing any of that. And it’s quite an insult to American patriots who have said that and meant it.

Gingrich has been reduced to a smaller-than-life figure. He’s a guy with a lot of words and very little appeal, whose meanness got the best of him and helped to wreck his campaign on a heap of attacks, insults and downright vile accusations (the latest being his claim that Romney is hostile to religion).

via Newt Gingrich loses Florida — and reminds us why – Right Turn – The Washington Post.

Now something to remember, Jennifer Rubin is a Romney supporter. However, I think that this speaks to the mentality and character of Newt Gingrich; he is that ate up with a lust for power that he does not even have the graciousness to call his opponent and congratulate him on a win.

Which is why I have washed my hands of the race; I hope the GOP picks wisely and they are able to defeat Barack Obama. However, in all honestly, I really do not believe that any of these candidates will be able to even remotely beat Barack Obama, he is going to be too well funded, is going to have all of the cards on the table — including the race card.  As Hillary Clinton found out, running against racial politics is the hardest thing ever to do. If you do it wrong, you do can come out actually looking like a racist, and somehow or another, I highly doubt that any of these candidates even remotely know how to fight against identity politics.

So, again, in short; We are so screwed….again. 🙁

Obama runs up another trillion dollar debt

Unemployment is at 10% and what happens? The President runs up more debt.

The story:

The government faces a fourth year of trillion-plus deficits in 2012, according to new projections released Tuesday—numbers which also show little relief in the future unless Washington comes to grips with needed changes in its tax and spending policies.

Like Aunt Cassandra coming down from the attic, the Congressional Budget Office steps squarely into the 2012 campaign season with the 147-page report which might have been subtitled “It’s not just the economy stupid, it’s also the debt.”

The $1.079 trillion deficit now projected for this fiscal year ending Sept. 30 is a step backwards from what CBO had predicted in August. And to punch home its message, the non-partisan agency outlines an especially grim scenario in which Congress not only extends all the current Bush-era tax cuts but pulls the plug on the $1.2 trillion in sequester set in motion by the Budget Control Act last summer.

Under this scenario—which can’t be ruled out politically—deficits would stubbornly hover just under $1 trillion through 2017, adding another $4.7 trillion altogether to the mounting federal debt.

Under the more prudent—and many would say unrealistic— scenario of ending tax breaks and implementing cuts, the cumulative deficits would be $1.72 trillion or $3 trillion less from 2013-2017. But even this path comes with a warning from CBO: that debt service costs are already on the rise and will command an ever greater share of the annual budget.

“The federal budget remains out of balance throughout the decade,” the report reads. “The resulting accumulation of debt, along with rising interest rates, drives up the cost of financing that debt; in CBO’s projections, net interest costs grow significantly from 1.4 percent of GDP this year to 2.5 percent in 2022.”

via Congressional Budget Office projects trillion dollar deficits through 2017 – David Rogers – POLITICO.com.

This is insanity, if I were the Republican candidates, I would be emphasizing this point to the high heavens! This is madness and we have to correct this in 2012.

Welcome to the depression: CBO says Unemployment actually at 10%

Makes you want to run right out and vote for Democrat, no? 😛

Via Drudge:

What do the NAR, Consumer Confidence and CBO forecasts have in common? If you said, “they are all completely worthless” you are absolutely correct. Alas, the market needs to “trade” off numbers, which is why the just released CBO numbers apparently are important… And the fact that the CBO predicted negative $2.5 trillion in net debt by 2011 back in 2011 is largely ignored. Anyway, here are some of the highlights.

2012 Deficit: $1.1 trillion; 2013 Deficit: $0.6 – yes, we are cackling like mad too…

Unemployment to remain above 8% in 2012 and 2013; will be around 7% by end of 2015; to drop to 5.25% by end of 2022.

This forecast is utterly idiotic and is completely unattainable unless the US workforce drops to all time lows and the US economy generates 300,000 jobs a month for 10 years

Needless to say, CBO assumes the best of all worlds in this meaningless forecast

But here is the kicker: “Had that portion of the decline in the labor force participation rate since 2007 that is attributable to neither the aging of the baby boomers nor the downturn in the business cycle (on the basis of the experience in previous downturns) not occurred, the unemployment rate in the fourth quarter of 2011 would have been about 1¼ percentage points higher than the actual rate of 8.7 percent” translation: CBO just admitted that the BLS numbers are bogus and real unemployment is 10%. Thank you

via Latest Congressional Budget Outlook For 2012-2022 Released, Says Real Unemployment Rate Is 10% | ZeroHedge.

Welcome to the real world folks! I could write about this; but I already have here.

San Francisco occupy protester strangles his parents

Unreal.

The Story:

Friends and relatives said Susan Poff and Robert Kamin of Oakland were the perfect pair to adopt a foster child.

They had dedicated their careers to helping others escape poverty, she as a physician assistant in a city-run clinic in the Tenderloin and he as a clinical psychologist for inmates in the San Francisco County Jail system.

But now, less than a decade after they adopted, their 15-year-old son stands accused of strangling both Poff, 50, and Kamin, 55, then hiding their bodies in the back of the family’s PT Cruiser.

Police were called to the family’s home on Athol Avenue on Friday by a co-worker who was concerned when Kamin did not show up for work.

[…]

Initially the son, whose name is being withheld because of his age, denied any involvement, but later told officers what had happened, authorities said. He was arrested on suspicion of murder Saturday and is being held at the Alameda County Juvenile Justice Center in San Leandro.

Co-workers said Poff and Kamin were having some arguments with their son, some of it having to do with him spending too much time in the Occupy Oakland encampment, but nothing that sounded beyond the scope of typical teenage rebelliousness.

Yup, Just like the tea party.

Nancy Pelosi herself said it!

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I’m sure she is really proud.

Others: The Gateway Pundit, moonbattracker.com/wordpress, Verum Serum and Jammie Wearing Fools