Tag Archives: Barack Obama

I Can’t Put My Finger On It

I am a big big believer in people helping people.  In a community coming together to help their neighbors in need.  In is through thiese efforts that our society is to help each other; not through taxation and government programs.

And so it is that I really admire and respect the work that Habitat for Humanity does.  They gather volunteers from the community, obtain donated money and build homes for people that are unable to afford them in the conventional manner.  These homes are provided in the form of interest free loans.  Further, because the materials and time are often donated, the actual cost of the home is reduced even further; sometimes half.

However, I can’t shake the feeling that organizations like these are just beside themselves at the prospect of an Obama Presidency.  And so it is that I have to chuckle at this:

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To qualify for a Habitat home, a family of two must earn between $28,000 and $30,000 annually. For a family of three, earnings must be between $31,000 and $33,000. A family of five would have to earn between $35,000 and $37,000.

“These people clearly demonstrate a need for having a house built for them,” Hoke County Habitat board member Daphne Graham-Dudley said. “They do not meet the income levels.”

Habitat offers interest-free loans to the homeowners, who in turn make payments back to Habitat. The group relies on homeowners making payments so they can have funds to build other homes.

“Those people have to pay those loans back, because it won’t work if they don’t,” Hoke County Habitat President Bill Evans said.

Thoughts on the Bailout

If instead of taking $850,000,000,000 [that’s a lot of zeros!] to spur the economy in the hopes of fixing things, we could, instead, take that $850,000,000,000 and invest it.  Just invest it.  Let it sit.  Even if we only make 5%, that’s still $42,000,000,000 a year!  In other words, we could literally create 425,000 jobs that pay $100,000 a year and NOT spend a dime!

Tax Fraud

I have been trying to wrap my head around the whole Geithner issue.  This sums it up perfectly.

The media wasn’t so friendly to other famous figures who made the same “innocent mistake”…

Like our friend Joe the Plumber.  The all out media character assassination just couldn’t help swooning over tax liens…

H/T MYC

Moral Exemption

Seven states have sued the Federal Government because of an expansion of a rule that allows medical professionals to not perform or assist in an abortion.

Now, my position on abortion is a bit complicated, but can be summed up in this way:

I am pro-choice.

With that said, I absolutely love the irony in the above lawsuit.  On the one hand, we have a group of people that acknowledge that the issue of abortion is an intesely personal and and equally difficult.  But they firmly feel that the issue should be one of choice, choice for the mother.  And then, when that choice is extended to the person actually doing the procedure, they are all of a sudden against choice.

I love the left!

Too Rich for Words

So, this morning we had a group of Acorn activists gather at the court house.  Their purpose?  To lobby on behalf of people who are facing foreclosure.  Their desire?  Well, according to this article, they are hoping to raise awareness of Barack Obama’s call for a 90 day moratorium on foreclosure.

This is awesome.

ACORN lobbing to delay home foreclosure proceedings on the very folks that they lobbied to get the loans in the first place.  Only in America.

Michael Delossantos, N.C. ACORN’s legislative director, said this morning that their effort across the country today was to “help save the American Dream of home ownership.”

It was ACORN’s involvement that helped contribute to the situation that we are in today.  Exactly why should anyone pay attention to this organization?

Weekly Radio Address

Listening to the Chairman speak is much easier on the ears than Dubya has been; mercy me!  However, it is also a dangerous dangerous venture to go it alone.  You may be put under the spell as dear old Homer’s Champion can attest.  Or, you may simply be tricked by the crafty left.  Either way, it will always be helpful to have a travel guide.  A sorta speech GPS if you will.  So go ahead, sit back and enjoy the first installment of the Chairman’s weekly Radio Address.
Remarks of President-Elect The Chairman Barack Obama
Radio Address
Saturday, January 10, 2008
Washington, DC

We start this new year in the midst of an economic crisis unlike any we have seen in our lifetime.

We have finally gotten away from the “worst economic crisis since the Great Depression”!  However, to be fair to the Chairman, even our own, Dubya, help stoke that fire.  Gotta hand it to that Chairman, always good to jump on a political gift.

We learned yesterday that in the past month alone, we lost more than half a million jobs – a total of nearly 2.6 million in the year 2008.  Another 3.4 million Americans who want and need full-time work have had to settle for part-time jobs.  And families across America are feeling the pinch as they watch debts mount, bills pile up and savings disappear.

These numbers are a stark reminder that we simply cannot continue on our current path.  If nothing is done, economists from across the spectrum tell us that this recession could linger for years

Official word is that this recession began Dec 07.  You could already say that this has lasted for years.  And you probably will again.

and the unemployment rate could reach double digits –

Actually, they say this even if everything is done.  As a matter of fact, economists from across the spectrum are saying that doing anything could actually increase the length of the recession, not shorten it.

and they warn that our nation could lose the competitive edge that has served as a foundation for our strength and standing in the world.

That is just plain Siren Song Mr. Chairman.  No one has ever said that.

It’s not too late to change course – but only if we take immediate and dramatic action.  Our first job is to put people back to work and get our economy working again.  This is an extraordinary challenge, which is why I’ve taken the extraordinary step of working – even before I take office

Whatever happened to One President at a Time?  Oh yeah, forgot, even with Dubya at the helm, we still have room for a Chairman.

– with my economic team and leaders of both parties on an American Recovery and Reinvestment Plan that will call for major investments to revive our economy, create jobs, and lay a solid foundation for future growth.

I’m hooked.  Explain this plan to me.

I asked my nominee for Chair of the Council of Economic Advisers, Dr. Christina Romer, and the Vice President-Elect’s Chief Economic Adviser, Dr. Jared Bernstein, to conduct a rigorous analysis of this plan and come up with projections of how many jobs it will create – and what kind of jobs they will be.  Today, I am releasing a report of their findings so that the American people can see exactly what this plan will mean for their families, their communities, and our economy.

See the plan here.

The report confirms that our plan will likely save or create three to four million jobs.

Pssst…come over here sparky.  The report was written by you.  This doesn’t confirm anything.

90 percent of these jobs will be created in the private sector – the remaining 10 percent are mainly public sector jobs we save, like the teachers, police officers, firefighters and others who provide vital services in our communities.

This might be a bit misleading.  I think that all of the jobs you are talking about are coming from government contracts?

The jobs we create will be in businesses large and small across a wide range of industries.  And they’ll be the kind of jobs that don’t just put people to work in the short term, but position our economy to lead the world in the long-term.

We’ll create nearly half a million jobs by investing in clean energy – by committing to double the production of alternative energy in the next three years, and by modernizing more than 75% of federal buildings and improving the energy efficiency of two million American homes. These made-in-America jobs building solar panels and wind turbines, developing fuel-efficient cars and new energy technologies pay well, and they can’t be outsourced.

Umm, why not?  Why can’t I open a factory in Mexico to build wind turbines?  Or solar panels?  Or anything like that?  Sheesh.

We’ll create hundreds of thousands of jobs by improving health care – transitioning to a nationwide system of computerized medical records that won’t just save money, but save lives by preventing deadly medical errors.

Don’t get me wrong; I am ALL for computerized medical records.  But I don’t see how YOU are going to get ‘er done or, how that is going to create all these jobs?

And we’ll create hundreds of thousands more jobs in education, equipping tens of thousands of schools with 21st century classrooms, labs and computers to help our kids compete with any worker in the world for any job.

We’ll put nearly 400,000 people to work by repairing our infrastructure – our crumbling roads, bridges and schools.  And we’ll build the new infrastructure we need to succeed in this new century, investing in science and technology, and laying down miles of new broadband lines so that businesses across our nation can compete with their counterparts around the world.

Yeah yeah, this sounds like the government paying to have stuff done.  This doesn’t create jobs; at least not now.  Projects like these take years to get approved and contracted out.

Finally, we won’t just create jobs, we’ll also provide help for those who’ve lost theirs, and for states and families who’ve been hardest-hit by this recession.  That means bi-partisan extensions of unemployment insurance and health care coverage; a $1,000 tax cut for 95 percent of working families; and assistance to help states avoid harmful budget cuts in essential services like police, fire, education and health care.

There it is, THERE it is.  At the end of your speech you finally get to it.  Your “tax cut”.  Lemme ‘splain somethin’ to ya.  You are now part of the Federal Government.  That is, you are able to influence Federal Tax policy.  State stuff, not you.  Federal stuff, THATS you.  So, when you shovel me this line of BS about a tax cut to folks that don’t pay [federal] taxes, you are tryin to trick me.  Payroll Tax?  Not Federal.  FICA?  Not a tax; thats insurance.  The only tax you impact is the Federal Income Tax.  And you are not reducing it.

Now, given the magnitude of the challenges we face, none of this will come easy.  Recovery won’t happen overnight, and it’s likely that things will get worse before they get better.

Right, right…..no crisis left unexploited.

But we have come through moments like this before.  We are the nation that has faced down war, depression and fear itself – each time, refusing to yield; each time, refusing to accept a lesser fate.  That is the spirit that has always sustained us – that belief that our destiny is not written for us, but by us; that our success is not a matter of chance, but of our own courage and determination.  Our resources may be finite, but our will is infinite.  And I am confident that if we come together and summon that great American spirit once again, we will meet the challenges of our time and write the next great chapter in our American story.

Nice finish.

Awesome

While not fair; the Chairman is certainly not the World Healer we they say he is.

Check this out

This Should Actually NOT Surprise You

This should not surprise you.  Make you mad?  Sure.  Surprise you?  No.  And if it does, then you haven’t been paying attention to how the whole thing works.

Quoting in pieces:

General Motors Corp.’s chief operating officer said Monday that the automaker has presented a worst-case scenario to Congress in which it would need more money than the $13.4 billion already allocated by the Treasury Department

UAW President Ron Gettelfinger has said the union will approach President-elect Barack Obama’s administration to end what he called unfair requirements in the loan terms for concessions from the union.

U.S. Rep. Barney Frank, D-Mass., has proposed getting rid of a requirement that GM and Chrysler negotiate labor cost parity with foreign-owned automakers that have U.S. factories.

First, our Government gave these companies money out of the TARP fund.  Still not sure how in the hell that works.  I thought the TARP money was meant to be lended to banks and financial institutions; not private car companies.

Before you ask, the reason banks and financial institutions get money and not car companies is that our economy is a Capitalist one, not a Automobilist one.

Then,  when we began to consider giving these failed companies money, everyone knew, just KNEW, that their model was not going to support business as usual, even with all of this money.  But, in the end, we gave it to ’em anyway.  And now looks what has happened.  We are into them for all these billions of dollars and now we have to keep going; keep doublin’ down.  Why?  Cause we are suckers.

So now, this is not surprising.  Sure makes me mad though!

Oh, and for a good read on the most maddening of those that are maddening, read this.

Quid Pro [Not] Quo

Serious!  Stones the size of cookie jars!

This from the American Bankers Association:

As part of an agreement reached Thursday with key Senate and House Democrats, Citigroup has agreed not to oppose legislation that would allow bankruptcy judges the authority to modify mortgages that were set up prior to the enactment of the bill. “The ABA has consistently opposed proposals that would give bankruptcy judges broad authority to unilaterally modify the terms of mortgages,” the bank lobby wrote in a statement. The majority of ABA’s members are banks with less than $125 million in assets.

Now for the quiz.  Who should be ashamed here?

pssst…..key sponsors, Sen. Richard Durbin, D-Ill., and Rep. Brad Miller, D-N.C., are hopeful the measure will be included as part of President Elect Barack Obama’s stimulus bill

I Don’t Look Like Those Guys on the Dollar Bill

Okay, so it’s not official US currency, but damn!  It didn’t take Obama long to get his mug adorned on official government issued papers.

Obama and his arrogance

Obama and his arrogance

CNSNEWS.COM is reporting that the DC Metro is issuing fare cards and tickets that have The Chairman smiling back at us.  The height of the arrogance of this man is quickly moving past head shaking to absolute disgust.  I mean we have gone from Mt. Olympus to the Office of the President Elect.  Serious, this guy is more Hollywood than humble servant.  And the free pass that has been given him makes it even worse.

Maybe it’s because this is being treated more like a coronation than an inauguration.  Because people feel that they have “won” in the same way that they feel they “win” when the Heels beat Duke; I’m not sure.  I just don’t see any real in depth look at what this guy is saying, what it means for us and even if he is right–or could be wrong.  I just get the feeling that as long as he stands there, and holds court in such a manner that we find ourselves “hoping” he is right, that he will be.  That somehow what he is saying is not as important as it is simply not Dubya.

No, this man understands what he has right now, and that is the hearts of the country.  He is able to say anything and everyone will just nod along and agree.  This most certainly worries me.