When Churchill saw America’s principles of liberty, constitutionalism, and limited government, threatened with the rise of the welfare state, he admonished America to resist this soft despotism. In “Roosevelt from Afar,” Churchill admits that the American economy was suffering when FDR took office, but FDR used this crisis as an opportunity to centralize his political authority rather than to bolster the free market through decentralized alternatives. Churchill commends Roosevelt’s desire to improve the economic well-being for poorer Americans, but he critiques Roosevelt’s policies toward trade unionism and attacks on wealthy Americans as harmful to the free enterprise system. Drawing on Britain’s experience with trade unions, Churchill understood that unions can cripple an economy: “when one sees an attempt made within the space of a few months to lift American trade unionism by great heaves and bounds [to equal that of Great Britain],” one worries that result could be “a general crippling of that enterprise and flexibility upon which not only the wealth, but the happiness of modern communities depends.” Similarly, redistribution of wealth through penalties on the rich harms the economy: “far from depriving ordinary people of their earnings, [the millionaire] launches enterprise and carries it through, raises values, and he expands that credit without which on a vast scale no fuller economic life can be opened to the millions. To hunt wealth is not to capture commonwealth.” Ultimately, attacks on the wealthy only serve as a distraction from other economic issues. Read it all.
Saturday, December 4, 2010
Chuchill Waned Us
Churchill Saw It Coming
Thursday, December 2, 2010
Why Are Atheist's Such Tools?
Atheist ad campaigns stir the pot during holiday season
You know, I'd love to see these tools criticize Islam and not just Christians. They really are such cowardly tools.
You know, I'd love to see these tools criticize Islam and not just Christians. They really are such cowardly tools.
The Over 40 Crowd
For those who grew up with minimal technology - this is hilarious!
When I was a kid, adults used to bore me to tears with their tedious diatribes about how hard things were. When they were growing up; what with walking twenty-five miles to school every morning.... Uphill... Barefoot... BOTH ways. yadda, yadda, yadda
And I remember promising myself that when I grew up, there was no way in hell I was going to lay a bunch of crap like that on my kids about how hard I had it and how easy they've got it!
But now that I'm over the ripe old age of forty, I can't help but look around and notice the youth of today. You've got it so easy! I mean, compared to my childhood, you live in a damn Utopia!
And I hate to say it, but you kids today, you don't know how good you've got it!
1) I mean, when I was a kid we didn't have the Internet. If we wanted to know something, we had to go to the damn library and look it up ourselves, in the card catalog!!
2) There was no email!! We had to actually write somebody a letter - with a pen! Then you had to walk all the way across the street and put it in the mailbox, and it would take like a week to get there! Stamps were 10 cents!
3) Child Protective Services didn't care if our parents beat us. As a matter of fact, the parents of all my friends also had permission to kick our ass! Nowhere was safe!
4) There were no MP3's or Napsters or iTunes! If you wanted to steal music, you had to hitchhike to the record store and shoplift it yourself!
5) Or you had to wait around all day to tape it off the radio, and the DJ would usually talk over the beginning and @#*% it all up! There were no CD players! We had tape decks in our car. We'd play our favorite tape and "eject" it when finished, and then the tape would come undone rendering it useless. Cause, hey, that's how we rolled, Baby! Dig?
6) We didn't have fancy crap like Call Waiting! If you were on the phone and somebody else called, they got a busy signal, that's it!
7) There weren't any freakin' cell phones either. If you left the house, you just didn't make a damn call or receive one. You actually had to be out of touch with your "friends". OH MY GOSH !!! Think of the horror... not being in touch with someone 24/7!!! And then there's TEXTING. Yeah, right. Please! You kids have no idea how annoying you are.
8) And we didn't have fancy Caller ID either! When the phone rang, you had no idea who it was! It could be your school, your parents, your boss, your bookie, your drug dealer, the collection agent... you just didn't know!!! You had to pick it up and take your chances, mister!
9) We didn't have any fancy PlayStation or Xbox video games with high-resolution 3-D graphics! We had the Atari 2600! With games like 'Space Invaders' and 'Asteroids'. Your screen guy was a little square! You actually had to use your imagination!!! And there were no multiple levels or screens, it was just one screen... Forever! And you could never win. The game just kept getting harder and harder and faster and faster until you died! Just like LIFE!
10) You had to use a little book called a TV Guide to find out what was on! You were screwed when it came to channel surfing! You had to get off your ass and walk over to the TV to change the channel!!! NO REMOTES!!! Oh, no, what's the world coming to?!?!
11) There was no Cartoon Network either! You could only get cartoons on Saturday Morning. Do you hear what I'm saying? We had to wait ALL WEEK for cartoons, you spoiled little rat-bastards!
12) And we didn't have microwaves. If we wanted to heat something up, we had to use the stove! Imagine that!
13) And our parents told us to stay outside and play... all day long. Oh, no, no electronics to soothe and comfort. And if you came back inside... you were doing chores! And car seats - oh, please! Mo m threw you in the back seat and you hung on. If you were lucky, you got the "safety arm" across the chest at the last moment if she had to stop suddenly, and if your head hit the dashboard, well that was your fault for calling "shot gun" in the first place!
See! That's exactly what I'm talking about! You kids today have got it too easy. You're spoiled rotten! You guys wouldn't have lasted five minutes back in 1970 or any time before!
When I was a kid, adults used to bore me to tears with their tedious diatribes about how hard things were. When they were growing up; what with walking twenty-five miles to school every morning.... Uphill... Barefoot... BOTH ways. yadda, yadda, yadda
And I remember promising myself that when I grew up, there was no way in hell I was going to lay a bunch of crap like that on my kids about how hard I had it and how easy they've got it!
But now that I'm over the ripe old age of forty, I can't help but look around and notice the youth of today. You've got it so easy! I mean, compared to my childhood, you live in a damn Utopia!
And I hate to say it, but you kids today, you don't know how good you've got it!
1) I mean, when I was a kid we didn't have the Internet. If we wanted to know something, we had to go to the damn library and look it up ourselves, in the card catalog!!
2) There was no email!! We had to actually write somebody a letter - with a pen! Then you had to walk all the way across the street and put it in the mailbox, and it would take like a week to get there! Stamps were 10 cents!
3) Child Protective Services didn't care if our parents beat us. As a matter of fact, the parents of all my friends also had permission to kick our ass! Nowhere was safe!
4) There were no MP3's or Napsters or iTunes! If you wanted to steal music, you had to hitchhike to the record store and shoplift it yourself!
5) Or you had to wait around all day to tape it off the radio, and the DJ would usually talk over the beginning and @#*% it all up! There were no CD players! We had tape decks in our car. We'd play our favorite tape and "eject" it when finished, and then the tape would come undone rendering it useless. Cause, hey, that's how we rolled, Baby! Dig?
6) We didn't have fancy crap like Call Waiting! If you were on the phone and somebody else called, they got a busy signal, that's it!
7) There weren't any freakin' cell phones either. If you left the house, you just didn't make a damn call or receive one. You actually had to be out of touch with your "friends". OH MY GOSH !!! Think of the horror... not being in touch with someone 24/7!!! And then there's TEXTING. Yeah, right. Please! You kids have no idea how annoying you are.
8) And we didn't have fancy Caller ID either! When the phone rang, you had no idea who it was! It could be your school, your parents, your boss, your bookie, your drug dealer, the collection agent... you just didn't know!!! You had to pick it up and take your chances, mister!
9) We didn't have any fancy PlayStation or Xbox video games with high-resolution 3-D graphics! We had the Atari 2600! With games like 'Space Invaders' and 'Asteroids'. Your screen guy was a little square! You actually had to use your imagination!!! And there were no multiple levels or screens, it was just one screen... Forever! And you could never win. The game just kept getting harder and harder and faster and faster until you died! Just like LIFE!
10) You had to use a little book called a TV Guide to find out what was on! You were screwed when it came to channel surfing! You had to get off your ass and walk over to the TV to change the channel!!! NO REMOTES!!! Oh, no, what's the world coming to?!?!
11) There was no Cartoon Network either! You could only get cartoons on Saturday Morning. Do you hear what I'm saying? We had to wait ALL WEEK for cartoons, you spoiled little rat-bastards!
12) And we didn't have microwaves. If we wanted to heat something up, we had to use the stove! Imagine that!
13) And our parents told us to stay outside and play... all day long. Oh, no, no electronics to soothe and comfort. And if you came back inside... you were doing chores! And car seats - oh, please! Mo m threw you in the back seat and you hung on. If you were lucky, you got the "safety arm" across the chest at the last moment if she had to stop suddenly, and if your head hit the dashboard, well that was your fault for calling "shot gun" in the first place!
See! That's exactly what I'm talking about! You kids today have got it too easy. You're spoiled rotten! You guys wouldn't have lasted five minutes back in 1970 or any time before!
Junk Science 12-02
A new history of the FDA shows how regulators entrenched and extended their own power.
EPA Fraud: Chevy Volt, Nissan Leaf Actually Get Only 23, 25 MPG. The MPG figure must be calculated where the energy is produced. Doesn't matter if that happens in the car's engine ... or in the coal plant, as with the Leaf and Volt.
While our leaders discuss the fight against climate change in Cancún, hundreds of UK schools are shut down by global warming
Four Ways the EPA Has Gone Astray In Its 40 Years
False prophecies beget faulty policies
Americans for Tax Reform's Statement on Reauthorization of the Volumetric Ethanol Tax Credit
The EPA's And Enron's End-Runs Of Congress
In memoriam: House climate panel
Dead Green Treaty Stinks Up The Room
Can Congress Stand Up to Ethanol?
Fun new climate change solution: Let’s impose rationing on the developed world Whenever any of these jokers suggest we cut back on our energy use, I use my husband's reply - "You First."
Electric Car = Electric Worry?
Senators warn Clinton against helping poor countries fight climate change
Obamacare 12-02
You Don’t Actually Have to Be Engaged In Commerce For Your Choices to Be Regulated Under the Commerce Clause
Health Care: Socialism
Health Care Union Drops Coverage For Children
Health premiums surge 41%; Md., D.C. among costliest areas to insure
The Littlest Victims of Obamacare
How ObamaCare and an Old Red Union Betrayed Its Poorest Workers
Navigating Next Steps on Health Care Reform
Lame Duck Obama Clinging to ObamaCare
FYI - GOP Wasn’t Elected to Give Us ObamaCare-lite
Cure or Care?
Obamacare’s Effect on Innovation
Rep. Ryan says deficit reduction plan would ‘entrench ObamaCare’
New Alien Life?
New Life Form Discovered
This is truly amazing!
This is truly amazing!
Hours before their special news conference today, the cat is out of the bag: NASA has discovered a completely new life form that doesn't share the biological building blocks of anything currently living in planet Earth. This changes everything.
Random Round-Up 12-02
President Obama Job Approval
BWAHAHA - With Kirk's swearing-in, GOP formally claims Obama's old seat
Holder must go - Dems Should Seek Eric Holder’s Resignation
Reality Isn't Negotiable: The Government Can't Raise More than 19% in Taxes for Long
11 Statistics That Reveal Just How Far The U.S. Economy Has Fallen Over The Past Four Years
Pigford and New Black Panthers: Friends at DOJ
Food Safety Measure Would Give Small Farmers Indigestion. The "Food Safety Modernization Act" would not appreciably improve the safety of the food supply in the U.S., but it would create an army of regulators with TSA-like authority over agriculture.
Tea-Party Message in the House
My father was close friends with gay couple who've been together for over 30 years, one of whom was an FBI border patrol agent. DADT is nonsense, shows little understanding about the decency of our military, and this report agrees. “He’s big, he’s mean, and he kills lots of bad guys”: The DADT Report
Why I May Filibuster New START
Can Republicans Talk?: Part II
Obama backtracks on plan to open more Gulf waters to offshore drilling
Tell me something I don't know - Jeb Bush Says Sarah Palin Is 'Fantastic'
Media Matters Lies About Media Coverage of Sarah Palin North Korea Slip
If there’s a lesson to be learned from Media Matters ginning up a political hit only to follow it up later with commentary that Sarah Palin is delusional, it’s this: reporters relying on Media Matters for accuracy are setting themselves up to be played for fools
Is California's Decline Just More Right-Wing Propaganda?
"Leak Czar"? - W.H. creates post to analyze leaks
There's One Housing Market Is Holding Onto Its Bubble Gains Better Than Any Other
Nancy Pelosi's Unwelcome Christmas Gift A couple earning $80,000 could lose hundreds per month if the Bush tax rates aren't extended.
Who Knew the Economy Was So Dependent on Unemployment?
Wikileaks Sheds Light on Government Ineptitude
'This is Why the American People Have Thrown You Out of Power'
‘Chicken Crap’ Or, One More Bit of Procedural Chicanery for Old Time’s Sake
Motion Asking Judge Reinhardt to Recuse Himself from the Prop. 8 Case And his response, here.
Did the TSA Back Down?
Fed ID's companies that used crisis aid programs - Big Foreign Banks
Citizen Journalists Forcibly Removed From Van Jones “Open To The Public” Event
Why the Tea Party resonates with human dignity
California Pension System Hits Local Governments With 55% Rate Increase for Next 19 Years
None Dare Call It Treason
Democrats’ Diversity Problem
As Instapundit puts it - IN THE PRIVATE SECTOR, PEOPLE WHO PERFORMED THIS BADLY WOULD BE FIRED, IN JAIL, OR SUED INTO BANKRUPTY. OR ALL THREE. A Month After Elections, 200,000 Votes Found. Shockingly, it appears the found votes will help the ACORN-affiliated “Working Families Party.”
Rahm's Residency
Very brave - Muslim Columnist: U.K. Rape Gang Case Exposes ‘Disgusting Cultural Beliefs’
GOP to upend spending process
Former Trial Lawyer Appointed to Oversee Industry He Sued for a Living
Media Daily Scoreboard
Ted Strickland: Democrats Suffering From 'Intellectual Elitism'
Report: Giant life insurance lobby key force behind estate tax
Read This Before Voting on the DREAM Act AND Reid Angers GOP by Pushing Four Versions of DREAM Act Without Hearing
The Danger of a Global Double Dip Recession Is Real AND CHART OF THE DAY: It's Confirmed, The Housing Double Dip Is Here
Minimum Wage, Maximum Folly
House Democrats Vote To Saddle Small Businesses With A Job-Killing Tax Hike
Lame ducks should stop quacking and go home
"Politics As Warfare"
Are We Entering Another Phase of Financial Crisis?
Law Center Designates Conservative Pro-Family Organizations ‘Hate Groups’
The Nation Posts a Narrow Apology. And Publishes Another Error.
Just noticing now Bloomberg? - NYC mayor: Obama has broken campaign promises
Obama’s Fiscal Commission Misleads with Dishonest Washington Budget Math
You stay classy Keith - Keith Olbermann Mines Ancient History to Name Bristol Palin ‘Worst Person in the World’
OKC Mayor Sacks Lingerie Football! Reason.tv’s Nanny of the Month (Nov 2010)
Obama faces newly elected governors
Swiss voters approve harsher deportation plan
Kinston Voting-Rights Case Heads to Federal Court
Fed aid in financial crisis went beyond U.S. banks to industry, foreign firms
Too Big to Succeed
Foreclosure-gate and the injustice of lawyer regulation
A Lame-Duck Congress Stuck on Stupid
Wednesday, November 24, 2010
Random Round-Up 11-24
President Obama Job Approval
Outrage or Farce: NBC News Names Ground Zero Mosque Developer ‘Person of the Year’ Of all the people in all the world, NBC chooses to honor the provocateur behind one of the most controversial projects in America. On Thanksgiving
Tom DeLay Convicted of Money Laundering
Kucinich Push for Committee Spot Foiled by Race Issues in His Own Office? A staffer who complained of race problems was placed on paid leave in May. The staffer is still getting a paycheck, and has not worked since then.
Sen. Mark Warner – More Power to Death Panels?
David Brock defends using undisclosed donors
Is Failure to Support Obama Administration's Foreign Policy Grounds to Deny Charity's Tax-Exempt Status?
The Beginning Of The Ponzi End: As Of Today, The Biggest Holder Of US Debt Is Ben Bernanke
No Surprise: Union Propped Up Illegal Immigrant to Smear Meg Whitman
Adam Savage: TSA saw my junk, missed 12" razor blades
Why They Don’t Need To ‘Touch Your Junk’ At Israeli Airports
Health Tyrants
Former Obama Advisor, Aide To NJ Dem, Arrested On Child Sex Charges
Health reform's competition-crushers
The TSA wants you to know they’re not thugs, which is why they’re confiscating your camera
The voter fraud hall of shame: Milwaukee voter fraud conviction makes ACORN’s 2010 total at least 15
Down with the Democrats: Polls Point to Rampant Voter Dissatisfaction
GOP lawmakers under pressure to decline government health plan
The TSA, the Law and Democracy: The People's Security
Obama's 2010 Loss Was Foretold!
Government By Waiver: The Breakdown Of Public Administration
At this point, Obama makes my cat look competent - Noemie Emery: Obama makes Bush look competent
Imagine a Military Board With the Power of the Very Real ObamaCare Medicare Board
Unemployment Forecast Bad News For Obama
Story of Business: when costs compete with passion
Aiming High: How Can I Amass a Fortune by the Time I Retire?
Should Academics Be "Liberated" from Tenure?
Sarah Palin, Riot Grrrl
Fed lowers economic expectations for 2011
The 2010 Congressional Healthcare Stunt
The Republican Wave Isn’t Quite Finished Yet
Oh, BrownCare
If "progressive" Democrats have their way, repealing ObamaCare may be easier..
Harry Reid rewards Labor by pushing a public safety bargaining bill that would be ruinous to local communities
Democrats Try to Crack Mystery of the Missing Voters
McConnell Dream Act Speculation Much Ado About Nothing
By my husband's boss - Thankful for Regulatory Reform
Tuesday, November 23, 2010
Random Round-Up 11-23
President Obama Job Approval
Zogby: Obama Plunges to 39% as Dems Abandon Him, Too
Lowest ever: Obama job approval sinks to 39%, as even Democrats' support melts away
From his lips to God's ears - Three strikes and you’re out, Mr. Holder
Empty promises on health care will haunt Obama
Repeal It!! House Dem dares GOP on healthcare repeal
Medical Loss Ratios: A “Novel” Way For the Government to Intervene in the Health Insurance Industry
The voter fraud hall of shame: Milwaukee voter fraud conviction makes ACORN’s 2010 total at least 15
Private Citizen Subjected to Smear Campaign by Government Officials
Oritz Concedes TX-27 to Farenthold; GOP Reaches Historic 241 Seats in House
Freedom at Risk: Reflections on Politics, Liberty, and the State
Miller files vote-count lawsuit in Alaska court
Al Gore's Important Admission
Higher Taxes Won't Reduce the Deficit History shows that when Congress gets more revenue, the pols spend it..
Democrats Try to Crack Mystery of the Missing Voters
Woman who told Obama her financial fears has lost her job
Poll: Tea Party support grows; USA divided
Can the Dream Act pass the Senate in the lame duck session?
Lawmakers Warn $1.2 Billion Payout to Black Farmers Rife With Fraud
It’s Official – The FCC Will Vote to Take Over the Internet in December
Assessing the Regulatory and Administrative Burdens on America’s Small Businesses
Pay Cuts Aren’t Enough: Time to Lay Off Federal Workers. Massive redundancies, dedicated conference room schedulers, and job security that might as well be tenure plague federal agencies.
Deflating the Growth Gap Balloon
Why Conservatives Are Happier Than Liberals
America's Third War: Uncovering Border Tunnels
Fed slashes US growth forecasts
Air Leaking Out of the Green Bubble
WSJ: A Sucker's Play -- Each $1 in Higher Taxes Results in $1.17 of New Spending
Jefferson, Madison, and the Philosophical Foundations of America
The 25 Best Quotes About Liberals
I've got tons if you need a "donation" - Fat. What is it good for? Stem cells, as it turns out
Irish Debt Crisis Forces Collapse of Government
Close Tax Loopholes? Fine, but Use the Money to Lower Tax Rates
Fewer Jobs, More Immigrants
Oh really? TSA: Some gov't officials to skip airport security
My husband works with the author trying to establish an Anglosphere Institute - The Anglosphere Challenge: Why the English-Speaking Nations Will Lead the Way in the Twenty-First Century
Monday, November 22, 2010
Random Round-Up 11-22
President Obama Job Approval
Obama’s Approval Rating on Economy at All-Time Low
Not a moment too soon - Constitutional Amendment proposal to streamline legislative repeals to hit Congress soon
No sh*t, Sherlock - U.S. corn ethanol "was not a good policy"-Gore
Building the 9-11 Mosque with taxpayer money, HELL NO. Park51 Developers Apply for Federal Grant, from 9/11 Fund
Bombshell evidence may make Waters an ethics nightmare for Dems
FNC Highlights UVA Study That Shows Enforcing Immigration Laws Decreases Violent Crime
Radical Pajamas
Empowering the Jeopardized
From a fellow blogger via Instapundit - My Rebuttal to a Progressive who Admonished Me to Play Nice .... (An AWESOME Read!)
The SEC slams venture capital
How EPA Could Destroy 7.3 Million Jobs
Anticipated DREAM Votes
IPCC Official: “Climate Policy Is Redistributing The World's Wealth”
TSA Uproar: That’s The Power of Drudge
Parents Revolt in Chicago: Will Big Education Listen?
President Obama plans truce with Chamber of Commerce
The Cost of the Debt Explosion
The Culture Gap is Real: Not much attention paid to ROTC debate
Airport Security Measures Spark Unusual Passenger Reaction
Democrats’ Tax Dilemma
Few Businesses Sprout, With Even Fewer Jobs
Why Letting Tax Cuts Expire Will Hurt Small Businesspeople…Like Me!
Obamacare Regulations Drop Today
Culver OKs state pay raises
Dire messages about global warming can backfire, new study shows
Truth in Advertising The case for Nancy Pelosi..
Sunday, November 21, 2010
Random Round-Up 11-21 Weekend Edition
President Obama Job Approval
Closing the Book on Democrat Congressman Bob Etheridge
Exclusive Excerpts From New Black Panther Case Investigation Report
Consumer Risks Feared as Health Law Spurs Mergers
Public Acceptance of New TSA Procedures Has Been Exaggerated
Al Gore: Media Didn’t Do Enough on Global Warming
Our New Obamacare Masters Meet the Independent Payment Advisory Board.
Charlie Rangel Is a Symptom of a Bigger Problem
COICA: Giving the government the power to shut down dissent
In Health Care, No Free Lunch
Dick Morris: School Choice is Remedy for State Budget Deficits
ACORN’s ‘Texas for Obama’ Labor Ally Could Provide Cover to Rebuild Discredited Organization
Senate Approves $4.6 Billion for Claims by Black Farmers, American Indians
Five myths about hunger in America
Kathleen Parker Falsely Claims Alexander Hamilton Was an Illegal Immigrant
Obama's Last-Ditch Push for Immigration Amnesty
Maxine Waters' November 29 ethics trial canceled
Strangling innovation with red tape
Yet Another Anti-Putin Journalist Brutally Beaten
I always love a good "asshats" reference.
Awesome! Chris Christie tells of apology from President of Teachers Union
Congress Should Investigate Pigford Before Funding It
Chris Christie's Advice to GOP Governors Brings Down the House
Democrats to America: "Fuck you pay me"
SEIU Protests Hospital for Defending Employees’ Freedom
Senate agrees to delay huge cut in Medicare payments to doctors
NY Dems Pull Voting Machines Out Of The Trunk In State Senate Race
Senate Fails to Vote on Food-Safety Bill
Obama's Democrats in disarray over expiring tax cuts
Holder’s Sham Trial
On the anniversary of Climategate the Watermelons show their true colours
Will Roe v. Wade Sink Obamacare? Mississippi Is Set to Find Out
Dems run a'Ground'
Technology: Hard-Coded Bias In Google Search Results?
Paul Ryan’s pro-market healthcare reform
Vote For Amy
A friend has put out a call for votes. Amy Johansson is a finalist in the National Geographic photo contest and her photo is Amazing. See below.
Please follow this link to vote (rank her as high as possible - if you like it, of course).
Please follow this link to vote (rank her as high as possible - if you like it, of course).
Unsafe Journey Photo and caption by Amy Helene Johansson
A woman is riding between the railway carriages of a local train heading north from Dhaka, the Bangladesh capitol. Her luggage is tucked under the carriage in front of her. It is the month of Ramadan, a fast which culminates in Eid-ul-Fitr, a three-day celebration. Tens of thousands of people leave the city to go to their home village and celebrate with their families. Trains are packed and many who fail to get tickets before they sell out or can’t afford buying them at the black market ride on the roof of the train or, like this woman, finds a quiet spot between the carriages
Friday, November 19, 2010
Slow Day Warning
My father died unexpectedly just almost three months ago. That is why I've been slow about posting. My mother-in-law is very, very ill and my husband is flying to the UK to see her tonight. That is why it will be a slow posting day today and possibly for a few more days. Just an explanation.
GM selling at a loss should tell you something
My husband's article from DailyCaller...
GM selling at a loss should tell you something
GM selling at a loss should tell you something
First, the government is what is known as a “motivated seller.” By offering such a low stock price, the administration is essentially admitting that it has no place in running an auto company. While GM’s financial position is much better than it was when it should have gone bankrupt, the company’s finances are not great. A quick crunch of any of the numbers in the GM prospectus shows the company is not the healthy organization the politicos would have you believe. They have done a poor job running the company, even if they did save it from going under by ignoring the law and throwing billions of dollars at it. The sale prospectus even admits “our (that is, the government’s) disclosure controls and procedures and our internal control over financial reporting are currently not effective.” Hardly a ringing endorsement!Read the whole thing.
Second, they’re not the only ones in the game. The unusual bankruptcy settlement for GM granted a significant portion of the company to the United Auto Workers. The union is in this game too, even though it has no investment to recoup. The UAW is selling around 18 million shares, so it stands to gain about $500 million for its pension fund — at taxpayers’ expense.
Finally, just as with RailTrack, there is considerable political risk involved. If the feds could nationalize GM once, they can do it again. The company admits in its prospectus that “The UST [U.S. Treasury] (or its designee) will continue to own a substantial interest in us following this offering, and its interests may differ from those of our other stockholders.” It suggests that government might interfere in “The selection, tenure and compensation of our management; our business strategy and product offerings; our relationship with our employees, unions and other constituencies; and our financing activities, including the issuance of debt and equity securities.” Furthermore, the government has asserted sovereign immunity, meaning that the IPO is not subject to anti-fraud laws.
Good Lord What A Mortgage Mess
This is as reasonable a demonstration of the mortgage mess we are in as any...
Man Makes Ridiculously Complicated Chart To Find Out Who Owns His Mortgage (CHART)
Man Makes Ridiculously Complicated Chart To Find Out Who Owns His Mortgage (CHART)
Thursday, November 18, 2010
Daily Round-Up 11-18
Time for Holder to go AND Holder Should Resign Or Be Fired, and Obama Should Apologize
Exclusive Excerpts From New Black Panther Case Investigation Report (Full Report Due Tomorrow)
AND THE GOOD NEWS IS....
Sarah Palin's happiness is what really irks liberals
Report: US Has Large Stores of 'Rare Earth' Materials
America's Third War: Texas Strikes Back
GENERAL BAD BEHAVIOR
The New York City Council Takes (Bad) Aim at Crisis Pregnancy Centers
The Campaign to Protect Our Illegal Alien Criminals
PJTV Video - Don't Touch My Junk: Napolitano Turns TSA into Department of T&A
Court to Issue Warrant for Assange
Terror-trial travesty
Dear TSA, No Means No AND TSA does not perform psychological evaluations on officers, should they?
Time for Holder to go
BIG UNION/LEFTIE GROUPS
Labor to push for China currency bill during lame-duck session
Let's hope note - No union for Transportation Security workers
The New York City Council Takes (Bad) Aim at Crisis Pregnancy Centers
Muslims seek special treatment to elude TSA groping
Illinois Teachers’ Union Wines and Dines Into the Red
FIGHTING CORRUPTION/TEA PARTY NEWS
Republican establishment needs to stand with the Tea Party
What Sparked the Tea Party
Boehner, Tea Party May Clash Over Ethics Office
Arizona Boycott Over Immigration Finds Mixed Results
Bad Politician Bad 11-18
President Obama Job Approval
Citizens United Likens Pelosi Election to Fruitcake Regifting
Mirengoff on the Socialism Question
And the DREAM Shall Never Die
You've Got Them All Wrong, Mr. President. Obama's misguided view of the independent voter.
Author of DOJ report targeting NJ Governor Chris Christie has history of using position for political purposes, sources say
Oh that Jim Treacher - Be sure to sign the ‘thank you’ card for Nancy Pelosi
With GOP in control of House of Representatives, committees should begin giving public answers
Time for Holder to go And Commentary From InstaPundit -
And making an even bigger mockery of the whole thing is the Administration’s claim of “post-acquittal detention power.” So the whole thing was just a show trial anyway. Ah, remember the fierce moral urgency of change? Apparently, it was the fierce moral urgency of show trials. But that doesn’t get Holder off the hook. He botched a show trial, after all . . .President Bush never attempted "post-acquittal detention power" and yet I haven't heard any "BusHitler" assclowns complain that Obama is doing something far, far worse. Typically hypocritical if you ask me.
PJTV Video - Democrats to Obama: Don't Run in 2012
Carville, Greenberg: White House Doesn’t Get It
The George W. Bush Fixation Obama’s fixation on his predecessor could consume his presidency.
Obama’s Gifts to the GOP
Former U.S. attorney targeted in DOJ report seeks apology, correction
Rahm Residency Issue Grows
GOP governors already looking to 2012 election
Freudian slips may haunt Obama
Ethics chief counsel recommends censure for Rangel
Food Fight Breaks Out in Senate
Media Bias 11-18
Sharpton To Schultz: FCC Should Threaten Radio Stations Carrying Rush
The New York Times, Sarah Palin, and the ‘Gravitas Gap’
Sen. Rockefeller: FCC Should Take FOX News, MSNBC Off Airwaves
MSNBC’s Contessa Brewer Pleads for Government-Forced Environmentalism
PJTV Video - What's the Matter With America? (Soros, Huffington, Krugman, Maher, & Olbermann Can't Be Wrong)
The New York Times Calls 70% of Oklahomans Bigots
In Economic Woes 11-18
California Suggests Suicide; Texas Asks: Can I Lend You a Knife?
Silence of the CEOs. Speaking out is now dangerous
Obama's Uncertain Economy No Good for Business
The 2011 Tax Tsunami
The trap of the Federal Reserve's dual mandate
Mitch Daniels’s Next Hurdle Cutting Indiana’s budget even further will be hard, but a newly Republican legislature will help.
Chicago City Pensions are Broke Expect other cities to follow.
McConnell Opposes $1.1 Trillion Spending Bill
No Unemployment Extension
Fiscal issues trump social issues by … quite a lot
Big Mac alert!
Tax rates and the sordid soul of the left
Junk Science 11-18
Obamacare 11-18
Repealing Obamacare, state by state
Mitt’s bad medicine
American Health Care and American Productivity: An International Comparison
U.K. government's drug-rationing body can no longer refuse new medicines based on costs. The U.S. should follow suit.
Boehner: GOP will move 'quickly enough' to repeal healthcare law
Joining the ObamaCare Suit Newly elected state officials—and Chris Christie—should sign onto the Florida case..
Perspectives: A referendum on ObamaCare?
New Obama Administration Health Care Guru: Double Counting? What Double Counting?
How does America achieve affordable, accessible, quality health care?
Obama’s ‘Rationer in Chief’ Finally Sits in Judgement Before US Senate
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