Archive for the ‘Socialism’ Category

Wen Jiabao: China To Reinforce Global Recovery

Friday, June 24th, 2011

John Holdren the Obama Administration Science Czar last year while addressing students at the American Assn for the Advancement of ScienceĀ  said, that theĀ  United States cannot expect to be “number one” forever. In previous statements the Progressive/Democrat-Socialist Holdren who must feel guilty and ashamed about American prosperity, has argued for the redistribution of wealth from the United States to other nations in order to be more fair and equitable.

China Premier Wen Jiabao is much more upbeat about the future economic good fortunes of China, than unfortunately the Obama Administration is about our own historical achievements, strength of accomplishment, productivity and future opportunities.

Attending a three day United Kingdom-China Summit, Wen wrote in an article published yesterday in the Financial Times how China intends to reinforce the global recovery adding, “the thrust of China’s response to the crisis is to expand domestic demand and stimulate the real economy, strengthen the basis for long-term development and make growth domestically driven.”

More here from Shanghai Daily

Dow Drops 140 Pts as S&P Downgrades U.S. Debt Outlook

Monday, April 18th, 2011

On the 10 November, I wrote here that China’s Dagong Global Credit Rating Company, downgraded their rating of U.S. Debt and warned of future cuts.

Given the fact that China is the largest holder of U.S. Debts (despite its selling off of U.S. Securities since the first of the year) this news compoundedĀ  by the fact that more rating agencies have downgraded U.S. Debt outlook should be setting off alarm bells all throughout Washington.

Who will finance Obama’s proposed $9.5 Trillion Dollars of New Debt over the next 10 years?

Related: Keynesian Economics Fails Again–How Supply Side Economics Can Save America

House Votes 236-181 To Cut Off NPR

Thursday, March 17th, 2011

During the House of Representatives often times contentious debate whether or not to cut funding of National Public Radio (NPR) we’re reminded what (now former) NPR Exec Ron Schiller admitted, “it is very clear, that we would be better off in the long run without federal funding.”

Of course Democrat-Socialist in Congress and the President (once again) came out in their strong opposition to cutting off federal funds to NPR as it seems they do with any spending program nowadays.

The Obama Administration claims that the “…Corporation for Public Broadcasting (CPB) serves an important public purpose in supporting public radio, television and related online and mobile services. The vast majority of CPB’s funding for public radio goes to more than 700 stations across the country…Undercutting federal funding for these stations…would result in communities losing valuable programming…”

Huh? When the CPB first was conceived, the United States had basically 3 network stations that monoplized the airways, today we have hundreds of cable television stations, broadcasting a variety of programming daily. In addition we have the Internet in which I wrote here on Monday is the most popular news platform throughout the industrialized world. Why is it the federal government responsibility to fund CPB/NPR in light of the fact that there are so many varieties of programming that one may choose from on both television and radio in the 21st Century which did not exist when CPB was created?

NY Times Carr Defends Need for NPR, Mocks Idea of “Journalistic Independence” –NewsBusters

Could it be that the firestorm of protests coming from Democrat-Socialists is because they fear losing an important money stream to their political coffers given the fact that since 2004 Members of the Boards of NPR and NPR Foundation contributed nearly $2.2 Million to federal candidates, parties and PAC’s of which $1.95 Million or 89% have gone to Democrats and Liberal Political Action Committees?

Related: House Votes to Defund NPR –National Review

NPR Execs Admit to George Soros Funding –Gatway Pundit

Man Arrested Over NPR Death Threats –Politico

SDS Marxists Supporting Wisconsin Unions

Tuesday, February 22nd, 2011

SDS–Reincarnation of 60’s Marxist & Radicals

Lately I’ve been criticized for my several posts about the Radical Teachers Union Protests in Wisconsin, Ohio being staged around the country by Barack Obama’s–Organizing for America and other Democrat-Socialists waging war against the taxpayers.

Look who is now supporting the Teacher Union Strikers in Wisconsin Anarchists, Socialists and Marxists Invade Wisconsin Capital Take Over Wisconsin State Capital

More Videos here from The Blaze

Related: SDS Supports Fight of Wisconsin Workers & Students

Who is SDS? Socialist Group that is Just Returning to its Roots –Glenn Beck

Free Speech? Wisconsin Protesters Shout Down FOX News Interview with Mindless Chants

Nearly Half of Americans Back Wisconsin Gov Scott Walker’s Showdown With the Unions

Monday, February 21st, 2011

A sizable number of voters are following new Wisconsin Gov Scott Walker showdown with unionized public employees and nearly half side with the Governor.

A new Rasmussen Reports national telephone survey finds that 48% of likely U.S. Voters agree more with the Republican Governor in his dispute with union workers—38% support unionized public employees, while 14% are undecided.

Related: Wisconsin: Free & Fair Elections—Obama Rejects –Big Government

Big Labor: Theater of the Absurd –Washington Times

Gallup: Unemployment 10%

Thursday, February 17th, 2011

Unemployment as measured by Gallup without seasonal adjustment hit 10% in mid-February up from 9.8% in January

Where are the 10 Million Jobs Sen. Chuckie Schumer D-NY claimed were saved by Obama’s Economic Stimulus & TARP?

More here from Gallup

Related: Stimulus Failure: 48 out of 50 States Lost Jobs Since Obama’s Economic Stimulus

Obama’s $53 Billion Dollar High Speed Train Boondoggle

Tuesday, February 15th, 2011

President Obama’s $53 Billion Dollar High Speed Rail Boondoggle understates the costs, overstates the benefits with lots of supersonic rhetoric—speeding at 150 to 200 mph, the reality would be an average speed of 85 mph and a mere 30 mph when its going over the mountains outside of Bakersfield, CA

Related: Obama Transportation Sec’y LaHood’s High Speed Rail Slush Fund –Michelle Malkin

Obama’s Super Train In Vain –Reason Magazine

USPS Warns of Default as Losses Mount

Thursday, February 10th, 2011

United States Postal Service warned today that it may default on some of its financial obligations later this year after reporting another quarter loss.

More here from CNN

Related: U.S. Border Enforcement Screw-Ups: Strip Searches Canada Woman Over Raspberries

Obama’s Change You Can Believe In

Tuesday, February 8th, 2011

Obama’s Change You Can Believe In

On Super Bowl Sunday, Barack Obama tells FOX News Bill O’Reilly that he doesn’t believe in wealth redistribution.

Less than 24 hours later Barack Obama tells the Chamber of Commerce that corporate profits must be redistributed.

Chrysler Motors Co $9,000,000 Super Bowl Ad For Better “Shyster” Loan Repayment Terms

Monday, February 7th, 2011

Taxpayer’s are now “Shyster’s” to Chrysler Motors and the $9 Million Dollars of Shyster money used for the 2011 Super Bowl Ad was to appeal to politicians for better loan terms.

Good Grief—Shyster’s (Taxpayers) are now just a little better than Knee Breakers

The American Shyster’s ought to have allowed the ailing auto company to go bankrupt and reorganize or liquidate, instead of politicians picking winners and losers, something better left for the marketplace.

More here from The Washington Examiner