Friday, March 06, 2009

Built on Lies

Krauthammer hits the nail on the head with his latest piece. I especially enjoy the following:

"The list is long. But the list of causes of the collapse of the financial system does not include the absence of universal health care, let alone of computerized medical records. Nor the absence of an industry-killing cap-and-trade carbon levy. Nor the lack of college graduates. Indeed, one could perversely make the case that, if anything, the proliferation of overeducated, Gucci-wearing, smart-ass MBAs inventing ever more sophisticated and opaque mathematical models and debt instruments helped get us into this credit catastrophe in the first place."

The usual H/T: Matt

Wednesday, February 18, 2009

Is It NBA Or NFL?

36 have been accused of spousal abuse                       
7 have been arrested for fraud
19 have been accused of writing bad checks                     
117 have directly or indirectly bankrupted at least 2 businesses
3 have done time for assault
71 repeat - 71 cannot get a credit card due to bad credit                       
14 have been arrested on drug-related charges                   
8 have been arrested for shoplifting                       
21 currently are defendants in lawsuits, and                
84  have been arrested for drunk driving in the last year                

Can you guess which organization this is?  Give up yet?.. . Scroll down,

 

 

 

 


          
Neither, it's the 435 members of the United States Congress.  The same group of Idiots that crank out hundreds of new laws each year designed to keep the rest of us in line.

Thursday, February 05, 2009

More DAISNAID

Typical liberal BS. The "do as I say, not as I do" mentality is clearly running rampant. I have never realized the amount of liberals out there who want to punish us with taxes and then punish us even more if we don't pay... unless of course, you are a nominee of the O and savior.


"A Senate committee today abruptly canceled a session to consider President Obama's nomination of Rep. Hilda Solis to be labor secretary in the wake of a report saying that her husband yesterday paid about $6,400 to settle tax liens against his business -- including liens that had been outstanding for as long as 16 years.

The report, 
by USA Today, came just before the Senate's Health Education Labor and Pensions Committee was slated to meet to consider Solis's nomination, which had been delayed by questions over her role on the board of the pro-labor organization American Rights at Work. A source said that committee members did not learn about the tax issue until today."

Monday, February 02, 2009

Let's play a game: Find the missing word

I'm going to paste two articles below (both found on Drudge today) about corrupt politicians. Try and find the missing word (or at least the initial).

Sen. Dodd says he'll refinance Countrywide loans

HARTFORD, Conn. (AP) - Connecticut Sen. Chris Dodd says he'll refinance two mortgages that he received through a VIP program from Countrywide Financial Corp.

Dodd told reporters Monday that the mortgages for his homes in Washington and East Haddam, Conn., will be refinanced with a different company.

Dodd has acknowledged receiving mortgages in 2003 through a VIP program at Countrywide, which was sold to Bank of America Corp. earlier this year and has been the focus of allegations that it gave favorable loan terms to lawmakers.

Dodd says he's moving the loans in part because he was wrongfully labeled a friend of Countrywide's former CEO, Angelo Mozilo. Dodd says he never sought special treatment.

The chairman of the Senate Banking Committee, Dodd says a third party will be involved in choosing the new bank. 

Daschle apologizes for failing to pay taxes

WASHINGTON (AP) - Trying to salvage his nomination, Tom Daschle apologized Monday for delinquent tax payments as President Barack Obama and a top Senate chairman stood by him as the choice to lead the Health and Human Services Department.

Following a weekend of revelations about taxes and potential ethical conflicts, Daschle expressed remorse to the Senate Finance Committee, the panel that will decide his fate, saying he was "deeply embarrassed and disappointed" about failing to pay more than $120,000 in back taxes.

Obama, speaking to reporters, said he was "absolutely" supporting his Cabinet choice. Sen. Max Baucus, D-Mont., chairman of the Senate panel, said he backed Daschle's confirmation. The expression of support from Baucus came hours before Daschle was scheduled to meet with the committee and despite a less than amicable relationship between the two men.

Daschle wrote a letter to the top leaders of the Finance Committee. The letter, released Monday, sought to explain how he overlooked taxes on additional income for consulting work and the use of a car service. He also deducted more in charitable contributions than he should have.

Daschle recently filed amended tax returns for 2005-07 to report $128,203 in back taxes and $11,964 in interest.

"I am deeply embarrassed and disappointed by the errors that required me to amend my tax returns," said Daschle, the former Senate Democratic leader. "I apologize for the errors and profoundly regret that you have had to devote time to them."

In the letter dated Feb. 1, Daschle provided a timeline for when the errors were discovered and tax payments made.

Uncertain is whether the tax issue will stall or derail Daschle's nomination.

"The ability to advance meaningful health reform is my top priority in confirming a secretary of Health and Human Services, and I remain convinced that Senator Daschle would be an invaluable and expert partner in this effort. I am eager to move forward together," Baucus said in his statement.

Daschle and Baucus have had tussles in the past over Baucus' handling of former President George W. Bush's 2001 tax cut proposals, the Medicare prescription drug bill in 2003 and trade legislation. Baucus has shown a greater willingness to negotiate with Republicans than most Democrats.

Daschle was an early supporter of Obama's presidential bid and several of Daschle's former Capitol Hill staffers went to work for Obama after Daschle, then a South Dakota senator, lost his re-election bid in 2004.

Daschle filed the amended returns after Obama announced he intended to nominate him as secretary of Health and Human Services.

Daschle explained in his apology letter that the presidential transition team flagged charitable contributions they concluded were deducted in error. When his accountant realized amended tax returns would need to be filed, he suggested addressing another matter that Daschle raised with him earlier in the year: whether the use of a car service provided by a close friend and business associate, Leo Hindery, should be reported as income.

The unreported income for that car service totaled more than $250,000 over three years.

At about the same time, Hindery's company informed Daschle's accountant of a clerical error it made on a form it provided to Daschle that he subsequently reported to the IRS. The error resulted in an additional $88,333 in unreported consulting income for 2007.

"I disclosed this information to the committee voluntarily, and paid the taxes and any interest owed promptly," Daschle wrote. "My mistakes were unintentional."

A financial disclosure form Daschle filed about a week ago shows that he made more than $200,000 in the past two years speaking to members of the health care industry that Obama wants him to reform.

The speaking fees were just a portion of the more than $5.2 million the former senator earned over the last two years as he advised health insurers and hospitals and worked in other industries such as energy and telecommunications, according to a financial statement filed with the Office of Government Ethics.

Jenny Backus, a spokeswoman for Daschle, said the money he earned in speaking fees from health care interests do not pose a conflict for the health care reform Obama wants him to lead.

"He welcomed every opportunity to make his case to the American public at large and the health industry in particular that America can't afford to ignore the health care crisis any longer," she said.

Among the health care interest groups paying Daschle for speeches were America's Health Insurance Plans, $40,000 for two speeches; CSL Behring, $30,000; the National Association of Boards of Pharmacy, $16,000; and the Principal Life Insurance Co., $15,000.

Friday, January 30, 2009

2009: recession or recovery?

More evidence that this recession isn't as bad as people are making it out to be.
 
Frankly, this thing is probably half way over - the typical recession lasts approximately 18-months. Yes, there were tons of layoffs (some were exploited opportunties by companies), some closings (bad management or greed caused a majority of these), and house price declines (market-specific due to get-rich-quick-schemes and entitlement issues) however most people went unscathed.
 
That is precisely why the stimulus plan was jammed through so quickly. The libs couldn't pass legislation if we were already in recovery so let's chant 'doom and gloom' before people see the light at the end of the tunnel.

You read it here first.

UPDATE: After discussing this topic with a friend in the logistics (freight) industry, he agreed. He pointed out the noticeable increase in trucking over the last few weeks. Granted, these aren't scientific findings, I am confident that his analysis is relatively reliable.

H/T: Matt

Wednesday, January 28, 2009

Deep Sh*t


The financial crisis is evident in this map
provided by Reuters. I'm not really surprised - this is just the obvious sh*t that I expect from the PIGs (Party in Government).

What I find to be the most revealing are two points:
  1. Notice the states that aren't currently in trouble and what color would you classify them as? Red perhaps?
  2. Reuters has chosen to ignore Alaska, a state that is run by the infamous Palin. A state that actually has a budget surplus.
If everything continues along this current path, I have every intention on moving to the North Plains. I would HATE the winters but I wouldn't miss the gummint.


Friday, December 12, 2008

Job Prediction

Wow. They hit the nail on the head here. Now, if they only spelled "Distributiuon" correctly, the source would seem more credible. I expect nothing more from CNN.

Thursday, November 06, 2008

Yes, I am a soothsayer.


Long lines for pay checks?
Potential riots?
Added police force with barricades?
Angry mobs of people wanting their money?
Politician not paying out what was promised?
Bureaucratic complacency?
Confusion?
Frustration?
The list goes on...


H/T: Drudge

Don't Blame Me


Buy this bumper sticker at my site.

ALL HAIL THE MESSIAH

Friday, October 31, 2008

Black and Right

SPOT ON.



HT: Asian Badger

And before you contest my titling, please read the credits.