Obamanomics vs. Reaganomics: Destroying the lies about trickle …

dancingczars.wordpress.com2/7/12

This entry was posted in Obamanomics vs. Reaganomics: Destroying the lies about trickle down economics and tagged conservative blog netowrk, Progressives are economic morons, Socialism doesn't, Trickle down works.

Another Record for Obamanomics | Wizbang

wizbangblog.com2/3/12

Another Record for Obamanomics. February 3, 2012 | Filed under Economics,Employment | Posted by Rodney Graves. And like all such records, it's not one that's doing the nation a damn bit of good.

President Obama has frequently justified his policies and judged their outcomes in terms of equity, justice and fairness.

All of which begs an obvious question,

How does our existing system and his own policy record stack up according to those criteria?

1) Is it fair that the richest 1% of Americans pay nearly 40% of all federal income taxes, and the richest 10% pay two-thirds of the tax?

2) Is it fair that the richest 10% of Americans shoulder a higher share of their country’s income tax burden than do the richest 10% in every other industrialized nation, including socialist Sweden?

3) Is it fair that American corporations pay the highest statutory corporate tax rate of all other industrialized nations but Japan, which cuts its rate on April 1?

4) Is it fair that President Obama sends his two daughters to elite private schools that are safer, better-run, and produce higher test scores than public schools in Washington, D.C. while millions of other families across America are denied that free choice and are forced to send their kids to second-rate schools?

5) Is it fair that Americans who build a family business, hire workers, reinvest and save their money—paying a lifetime of federal, state and local taxes often climbing into the millions of dollars must then pay an additional estate tax of 35% (and up to 55% when the law changes next year) when they die, rather than passing that money onto their loved ones?

6) Is it fair that Treasury Secretary Tim Geithner, former Democratic Senate Majority Leader Tom Daschle, former Ways and Means Chairman Charlie Rangel and other leading Democrats who preach tax fairness underpaid their own taxes?

7) Is it fair that after the first three years of Obamanomics that the poor are poorer, that the poverty rate is rising, that the middle class is losing income, and some 5.5 million fewer Americans have jobs today than in 2007?

8) Is it fair that roughly 88% of political contributions from supposedly impartial network television reporters, producers and other employees in 2008 went to Democrats?

9) Is it fair that the three counties with America’s highest median family income just happen to be located in the Washington, D.C., metro area?

10) Is it fair that wind, solar and ethanol producers get billions of dollars of subsidies each year and pay virtually no taxes, while the oil and gas industry which provides at least 10 times as much energy pays tens of billions of dollars of taxes while the president complains that it is "subsidized"?

11) Is it fair that those who work full-time jobs, and sometimes more than one in order to make ends meet have to pay taxes to support up to 99 weeks of unemployment benefits for those who don’t work?

12 Is it fair that those who took out responsible mortgages and pay them each month have to see their tax dollars used to subsidize those who acted recklessly, greedily and sometimes deceitfully in taking out mortgages they now can’t afford to repay?

13) Is it fair that thousands of workers won’t have jobs because the president sided with environmentalists and blocked the shovel-ready Keystone XL oil pipeline?

14) Is it fair that some of Mr. Obama’s largest campaign contributors received federal loan guarantees on their investments in renewable energy projects that went bust?

15) Is it fair that federal employees receive benefits that are nearly 50% higher than those of private-sector workers whose taxes pay their salaries, according to the Congressional Budget Office?

16) Is it fair that soon almost half the federal budget will take income from young working people and redistribute it to old non-working people, even though those over age 65 are already among the wealthiest Americans?

17) Is it fair that in 27 states workers can be compelled to join a union in order to keep their jobs?

18) Is it fair that nearly four out of 10 American households now pay no federal income tax at all, and is a number that has risen every year under Mr. Obama?

19) Is it fair that Boeing, which is a private company, was threatened by a federal agency when it sought to add jobs in a right-to-work state rather than in a forced-union state?

20) Is it fair that our kids and grandstands and great-grand-kids who never voted for Mr. Obama will have to pay off the $5 trillion of debt accumulated over the past four years, without any benefits to them?

What do you think? Was it fair?

Related posts:

1. Obama Owns The Economy Now
2. What’s The Tax Debate All About?
3. Would Cain’s 999 Have Beeen A Good Thing?

Largest Ever, Upcoming U.S.-Israel Joint Drill Sending Message to …

www.theblaze.com1/8/12

Arrow 3 Defense Missile Launch Test (Photo credit: Israeli Defense Ministry via Israel Hayom). A planned American-Israeli missile defense exercise is receiving special attention on the heels of a 10-day Iranian naval exercise …

Israel and US to hold joint missile drill | Aerospace & Defence News

aerospace.firetrench.com1/9/12

Israel and the United States are to hold a joint missile defence exercise, the Israeli military said late on Thursday. ASDNews … Last week it test-fired three missiles during war games east of the strait at the entrance to the Gulf. …

An upcoming American-Israeli missile defense exercise is receiving special media attention because it comes on the heels of a ten-day Iranian naval exercise, plus Iranian threats of closing the Strait of Hormuz.

Israeli Defense Forces played down the timing of the announcement, calling such periodic exercises “routine:”

“These exercises, which are part of a long-standing strategic partnership, are planned in advance and part of a routine training cycle designed to improve the interoperability of our defense systems. Like other bi-lateral exercises, Austere Challenge 12 represents another milestone in the strategic relationship between the US and Israel, as well as a step forward in promoting regional stability".

“The exercise scenario involves notional, simulated events as well as some field training, and is not in response to any real-world event".

“The exercise has been planned for at least two years and therefore has no relevance to any world events".

The AP quoted a senior military official who said on condition of anonymity:

"Thousands of American and Israeli soldiers from different units will take part, and the drill will test multiple Israeli and U.S. air defense systems against incoming missiles and rockets".

In a speech last month, Secretary of Defense Leon Panetta previewed the exercise, citing it as an example of what he called,

"The administration’s unprecedented levels of defense cooperation with Israel to back up our unshakable commitment to Israel’s security".

And on Sunday’s Face the Nation, Panetta stated two red lines for the U.S.:

"Our red line to Iran is do not develop a nuclear weapon. That’s a red line for us. I think they need to know that, that if they take that step, that they’re going to get stopped. We made very clear that the United States will not tolerate the blocking of the Straits of Hormuz. That’s another red line for us and that we will respond to them.".

See also, What Would Trigger A US Strike On Iran’s Nuclear Facilities?

And Joint Chiefs Chairman Gen. Martin Dempsey on the same show said he believes,

" Iran has the capability, for a period of time to block the Strait of Hormuz, but we would take action and reopen the Straits".

Efraim Inbar, who is director of the Begin-Sadat Center for Strategic Studies at Bar Ilan University, says that even if it’s not intended as a response to Iranian moves:

“Any military exercise has political implications. The military organ is always connected to political even if that’s not the intention on the part of the Americans or Israelis. It’s a clear political signal to the bad guys. After we saw the military exercise by the Iranians last week, everybody with political sensitivity tends to believe this is a counter-flexing of muscle".

Inbar also addressed expressions of isolationism in the U.S., something which has been gaining more media attention due to the presidential campaign of GOP candidate Ron Paul:

“This type of exercise expresses the importance of Israel to the U.S. particularly when the U.S. is seen as being weak in the region. It is leaving Iraq, it is on its way out of Afghanistan. Israel is probably the only place a U.S. military airplane will eventually be able to land in the Middle East".

“U.S.-Israel strategic cooperation is beneficial to both sides. The U.S. is a super power and we are a small state but in our area contrary to what isolationists say in the U.S., we all still need allies, or what used to be called ‘calling stations’. Israeli ports are open to the U.S. In fact, the only port where the U.S. can probably bring ships safely in the Eastern Mediterranean is to Israel. Looking at the other countries: Turkey, Syria, Lebanon, Egypt, Libya, the Mediterranean is becoming an Islamist lake".

And an Israeli Air Force officer emphasized that not only Israel gains from the relationship:

“The Americans are eager to conduct this exercise, we are their laboratory in the field of missile defense. A laboratory because Israel has extensive firsthand experience of absorbing incoming rockets and missiles from Hamas and Hezbollah and regularly activates its Iron Dome system to combat the threat".

The Telegraph reported from London that the UK will deploy its largest warship, the HMS Daring, to the Persian Gulf to,

“send a significant message to the Iranians”.

The UK destroyer is due to arrive in late January.

And Oil Supplies?

Western powers have agreed a contingency plan to tap a record volume from emergency stockpiles which could replace nearly all the Gulf oil that would be lost if Iran blocks the Strait of Hormuz.

Related posts:

1. Is Israel A Significant Asset To US National Interests?
2. Is The End Of The Ahmadinejad Regime Finally In Sight?
3. The Wall Of Lies

Israel – Light onto Nations: Growing forests in the desert

israel-lightontonations.blogspot.com11/30/11

Once the trees are mature, it's possible that they could become a renewable source of biofuel to reduce dependence on fossil fuels. This is another area of great interest to Israel and just about every other country on the planet …

Technion LIVE: Cornell – Technion – Together in Vision

www.technioniit.com12/3/11

During his visit, he planted a now-famous first palm tree that still stands in front of the old Technion building in Hadar. … Its graduates helped to build the county's infrastructure and started the high-tech industries that today make Israel a modern country with the greatest concentration of high-tech startup companies anywhere outside of Silicon Valley. More than 70 percent …. Israel's 10th Nobel laureate on his way to Stockho. … Technion Nanocrystals for Solar Power …

Please note that it was made 6 years ago.

Israel is certainly no angel, and both its politicians and its army make their fair share of mistakes.

But regardless of whether you’re pro or anti Israel, you’ve surely got to admire its upside and wish that other countries could or would achieve the same positive results.

Please post your comments, and if they don’t flame or use abusive and/or hateful language, then they’ll be approved.

Related posts:

1. Prof. Dershowitz Says Obama Wrong Again on Israel
2. Israel Recognizes South Sudan
3. Ed Schultz Used Edited Video To Misrepresent Rick Perry

Barack Obama Vacations In Martha's Vinyard While Job Crisis, Debt …

www.huffingtonpost.com8/17/11

WASHINGTON — Is there ever really a good time for the president to go on vacation? President Barack Obama's summer getaway to Martha's Vineyard has reignited a seemingly annual debate.

Town Hall Patriots: Michelle Obama Vacations – While America …

thpatriots.blogspot.com11/14/11

"Everybody's going to have to give a little bit. … If you're a family trying to cut back, you might skip going out to dinner, you might put off a vacation." President Barack Obama Barack Obama has been President over …

A great many people are now asking what President Obama, his family and his political supporters are getting paid for.

Their Vacations?

His Reelection?

To Fulfill His ideology?

Or What?

And now Gov. Chris Christie wants to know what Obama is being paid for!

"I was angry this weekend, listening to the spin coming out of the administration, about the failure of the super-committee".

"The president knew it was doomed for failure, so he didn’t get involved".

"Well, then what the hell are we paying you for?

"It’s doomed for failure, so I’m not getting involved?".

"Well, what have you been doing, exactly?".

It’s been a slow steady decline, but President Barack Obama‘s job approval rating has finally dipped below Jimmy Carter’s, earning Obama the worst approval rating of any president at this stage of his term in modern history.

Gallup’s daily presidential job approval index puts the current president‘s job approval rating at 43% compared to Carter’s 51%.

And US News adds:

Back in 1979, Carter was far below Obama until the Iran hostage crisis; something that is being eerily duplicated in Tehran today with Iranian protesters storming the British embassy.

The early days of the crisis helped Carter’s ratings, though his failure to win the release of captured Americans, coupled with a bad economy, led to his defeat by Ronald Reagan in 1980.

According to Gallup, these are the job approval numbers for other presidents at this stage of their terms, a year before the re-election campaign:

– Harry S. Truman: 54%.

– Dwight Eisenhower: 78%.

– Lyndon B. Johnson: 44%.

– Richard M. Nixon: 50%.

– Ronald Reagan: 54%.

– George H.W. Bush: 52%.

– Bill Clinton: 51%.

– George W. Bush: 55%.

And to make matters worse for Obama, Gallup reports that his overall job approval rating ranks among the worst in American political history, averaging 49%.

And only three former presidents have had a worse average rating at this stage:

Carter, Ford, and Harry S. Truman.

Related posts:

1. New Poll Says Obama’s Base Is Crumbling
2. Will Youths Blacks And Hispanics Desert Obama?
3. Obama’s Reelection Chances Don’t Look Good

Early Jobs Projections Could Haunt Obama in 2012 – NYTimes.com

thecaucus.blogs.nytimes.com11/4/11

Friday's tepid jobs report brings a fresh reminder of the stubborn difficulty President Obama and his team face in overcoming the argument that his administration has failed to address unemployment.

Droves Of Democrats Balking On Obama 2012 | Politicons

politicons.net11/14/11

Radioactive Obama… Politico has a piece highlighting the droves of Democrats that are refusing to back Obama in 2012. …

Just one year from the 2012 election and President Obama is in an extremely perilous political situation.

The poor economy he inherited hasn’t recovered and has most likely worsened.

Published unemployment is stuck above 9% with real unemployment being around 18.5%

Long-term unemployment is at record post-war levels.

The housing sector, where most people’s personal wealth was and is concentrated, remains mired in deep recession.

The scandals surrounding Republican-led investigations into Solyndra and Operation Fast and Furious are deepening.

Obama Had Overwhelming Majorities In Both Houses Of Congress

Although the President had overwhelming majorities in both houses of Congress in his first two years, he has only two major legislative achievements to his credit:

The stimulus bill.

And Obamacare.

The stimulus bill is generally perceived as having been worse than a total failure, because it’s perceived as having been motivated more by politics than economics, and because much of the $800 billion was directed towards public service union members and liberal causes; i.e. "green energy", rather than real economic recovery.

Obamacare also remains deeply unpopular with the general public and is headed for the Supreme Court, which could well find its key provision unconstitutional next summer, just as the election gets into high gear.

The Economy And America’s Status

Budget deficits soared during the Obama years, with three trillion-dollar-plus deficits in a row.

And this has caused the national debt to swell to a level that, relative to GDP, has not been seen since the end of World War II and for the first time ever, the United States lost its AAA credit rating, which was a deep embarrassment for the country and also the administration.

Obama’s Ratings

So it shouldn’t be surprising that under these circumstances, that the President’s approval ratings have been in sharp decline, with some of his key supporting groups, including the youth and Hispanic voters to a greater or less degree abandoning him.

Obama’s Re-electability

No recent President was re-elected with unemployment above 7.8%, and that was in 1984, when unemployment was falling rapidly as a major economic boom accelerated.

So What Happened?

How did a man who three years ago won a higher percentage of both the popular and electoral vote than any Democratic presidential candidate since Lyndon Johnson’s landslide almost fifty years ago find himself fighting such uphill odds to keep the White House?

The answer to that seems to lie in the somewhat exceptional circumstances that existed during the 2008 election, and Barack Obama’s personality which fitted the times.

In 2008, the American electorate was thoroughly tired of both the Bush administration and the Republican Party, which had lost its majority in Congress in 2006 for the first time in twelve years.

The Republican field of presidential candidates in 2008 was a weak one, with the eventual winner, Sen. John McCain of Arizona, widely perceived as being too old for the job.

So Obama, who was only forty seven years old, seemed in contrast, like a breath of fresh air.

He seemed personable, articulate (nobody had yet focused on his TelePrompTer) and he was the first ever bi-racial candidate for a major-party nomination with any serious chance of winning.

His biggest opposition was Sen. Hillary Clinton, the first woman candidate who also had a serious chance of winning, but she was already well known to the American people, having been First Lady for eight years; and she carried a lot of baggage from her husband’s administration.

Obama, in contrast, was a blank slate and to some extent still is because of the main stream media which is still protecting him.

Obama Hid His Tracks

Obama only served a little over three years in the US Senate, where his record was thin, and he mostly voted "present” rather than take a stand on issues.

Which we can now see was because he didn’t want evidence that could later be used against him.

How Obama Won

The Obama campaign used his lack of Washington experience to the fullest, much like Herman Cain is using his now.

They cultivated an image of a new kind of president, one who would cut through the old Washington merry-go-round of partisan bickering and special-interest pandering.

He would be post-partisan, a President who would throw the special-interest moneychangers out of the temple of the nation’s capital.

Obama’s biggest advantage in the 2008 election however, was that the mainstream media, failed to reveal any of his major negatives, such as having been and active member of the New Party (communist) and promoted all of his seeming positives; simply because it so desperately wanted to see an extreme left-wing, bi-racial candidate elected.

So What Happened To Candidate Obama’s Promises?

Running for President and being President, are two entirely separate matters however, and once in the White House a new Obama emerged, one who was quite different from the post-partisan, special-interest-bashing one.

What metamorphosed, was a hyper-liberal ideologue who attended to his special interests, such as labor unions, as assiduously as any other Washington politician had ever done before.

And what’s more, an arrogance and a rigidity that had not been seen in the candidate before, became increasingly evident, and expressed itself in such things as his State of the Union speech in January 2010, wherein he publicly criticized the Supreme Court, many of whose members were sitting in front of him for one of its decisions, which was totally unprecedented behavior.

Soon Gone Was The Bi-Partisanship

"I won the election”, he bluntly told Rep. Paul Ryan when the latter tried to negotiate regarding Obamacare, and it resulted in his two major pieces of legislation passing with almost no Republican votes in either house.

The Tea Party

What happened next was a groundswell of opposition to the Obama administration’s big spending ways which quickly became known as the Tea Party, and it’s something that Obama naively or arrogantly ignored for too long.

Obama Vainly Ignored The Clear Writing On The Wall

Republican candidates did extremely well in the off-year elections of 2009, winning the governorships in both New Jersey and Virginia with control-the-spending campaigns, and even greater evidence of voters’ dissatisfaction was when Scott Brown, who was a little known Republican, won the special election to fill the Senate seat of Democratic icon Ted Kennedy in deep-blue Massachusetts in January, 2010.

Obama Has Been Slow To Learn

Obama simply made a few token political adjustments, and in November, 2010, a tidal wave election gave decisive control of the House back to the Republicans and added seven Senate seats to their column, with Republicans also winning races for governor and state legislative seats across the width and breadth of the country.

Obama did admit that he had taken a shellacking, but he seems no more willing to change his ways than before because his latest plan to stimulate the economy is little different than his first one, and it has no chance of being enacted.

Can Obama Win Reelection?

Unlikely unless:

The economy turns around.

The Republicans nominate another weak candidate, which is possible.

The Supreme Court upholds Obamacare, or avoids making a decision before the election.

Obama’s biggest problem however seems to be that he’s totally egocentric and believes that his way is the only right way.

It’s highly unlikely that he’ll change, and increasingly likely that he’ll be a one term president, which is something that he said that he’d prefer.

"I’d rather be a really good one-term president than a mediocre two-term president".

And if that comes to be, then he’ll be able to say that he was right about that too!

Related posts:

1. More Than Eighty Reasons Why Obama Shouldn’t Be Reelected!
2. New Poll Says Obama’s Base Is Crumbling
3. Obama’s Reelection Chances Don’t Look Good

The Lesser of Two Evils, or What Life After Obama Might Be Like …

2 Responses to The Lesser of Two Evils, or What Life After Obama Might Be Like. John H Short on September 19, 2011 at 6:09 AM. I will not vote for President Empty Suit again. Fool me once, shame on you. Fool me twice …

Publish Date: 09/18/2011 20:29

http://www.addictinginfo.org/2011/09/18/the-lesser-of-two-evils-or-what-life-after-obama-might-be-like/

Obama's ineligibility: Prepare to defend America – Political insurgency

The mainstream media are now starting ever so slowly to criticize Obama, not because they have suddenly discovered that there is an empty suit sitting in the Oval Office, but because they are desperately trying to regain some …

Publish Date: 09/18/2011 12:55

http://www.canadafreepress.com/index.php/article/40426

We are the hollow men
We are the stuffed men
Leaning together
Headpiece filled with straw. Alas!
Our dried voices, when
We whisper together
Are quiet and meaningless
As wind in dry grass
Or rats’ feet over broken glass
In our dry cellar

The Obama Administration (T.S. Eliot)

Obama’s Response To The Ongoing Crisis?

Our president is going on vacation.

He’s waiting until September to make a speech.

He’s coming back with another stimulus plan.

Even though he’s already admitted that there weren’t those shovel-ready jobs, he’s going to announce plans for roads and construction projects again.

He acknowledges that employers are struggling but he’s proposing another temporary payroll tax cut.

His big news is that they’ll be an even grander deal on the debt with huge new tax hikes!

Why September?

“I think the reason he’s taking the time to wait for his next speech on the economy is that he frankly doesn’t know what to do. I mean, he hasn’t spent his life in the private sector. He doesn’t understand that jobs come and go and he’s looking for help". – Mitt Romney

Campaign Rhetoric?

Certainly in part, but in this case Romney has aptly articulated President Obama’s problem because Obama is clearly in over his head.

The economy is worsening, his approval rating is in free-fall and now the CBC (Congressional Black Caucus) is poised to demand something impossible i.e. create jobs for blacks only.

What’s Being Considered By The Hollow Men?

Tax cuts for companies that hire workers.

New spending for roads and construction.

Other measures that would target the long-term unemployed such as providing mortgage relief for struggling homeowners, that could come through executive action.

Making the case that short-term spending can lead to long-term savings.

The Merits Of Short Term Spending?

White House allies, many of whom have pushed Obama in recent weeks to focus on job creation, said Wednesday that the president faces a stiff political test in explaining to voters the merits of short-term spending and long-term reduction of the federal deficit.

And of course it would be "a stiff political test" because it already didn’t work and voters inherently understand that promises of cuts down the road coupled with immediate spending sprees are precisely how we got into this situation.

A senior Republican Senate aide dismissed the president’s approach as,

"The same as always. Investments in union-friendly projects now, promises of austerity later".

And Speaker of the House John Boehner (R- Ohio) put out a statement yesterday pointing out the contrast between the Republican plans to spur private-sector growth and the president’s focus on government spending and borrowing:

“To get our economy moving, what the American people need from the President is leadership and serious solutions that reflect a true change in his approach to our economy and the role of government. We welcome him to our ongoing efforts to help create jobs, and look forward to seeing a detailed plan next month. It is my hope the President will offer specific proposals that depart from his previous policies and allow us to find common ground and work together to put Americans back to work. In the meantime, Republicans will continue to advance solutions that will reduce economic uncertainty and create a better environment for private-sector job creation".

Will Obama Be A One Term President?

Obama is trapped by his base, and by his own ideology that demands an endless cycle of spending, borrowing and taxing and it would now seem that the Congressional Black Caucus is about to put a final nail in his coffin.

Blacks make up around 12.6% of Americas population and right now around 86% percent of them still approve of the president’s performance.

Obama’s popularity is hovering around 40% right now, so just imagine what will happen if he loses much of the Black vote and most likely much of the Latino one too.

Related posts:

1. Jon Huntsman For President?
2. What’s The Tax Debate All About?
3. Would Herman Cain Have Been A Good President?

Tea Party | Elections | Conservative | The Daily Caller

dailycaller.com11/27/11

Is the tea party's enthusiasm waning? [VIDEO] | Tea Party Patriots organizer answers.

Colin Powell | Christiane Amanpour | Tea Party | Mediaite

www.mediaite.com11/27/11

Former Secretary of State Colin Powell has no faith in the Tea Party's ability to produce a president. This he noted today in a discussion with Christiane Amanpour on This Week, where he lamented the very tense tone …

Blaming the Tea Party Is Like Blaming The Firemen Who Came To Put Out The Fire!

Sen. Ron Paul

"A lot of us were elected to put out the fire, handle the debt. That’s why we went to Washington. That’s why we ran for office. Now they are going to blame the debt on us, when we came to try to fix the mess?"

"It is ludicrous on the face of it. I think it is an example of the failure of leadership that he will not accept responsibility. I think we are getting to the point where he’s going to have a failed presidency". Senator Rand Paul (R-KY)

"He got the budgets he wanted. He had both houses of congress. He got the stimulus and health-care that he wanted. This is his economy his record debt. Four times the worst year President Bush had" – Sean Hannity

A prescient article, Obama And The Missing Paper Trail that was written back in October 1978 stated:

Would Barack Obama be likely to fulfill his campaign promises of hope and change if he were elected President?

Judged by his previous achievements the answer would have to be a resounding ‘No’.

When faced with past failures he has always tried to obscure them, and if or when that was not possible he has blamed others.

The many “successes” that he has claimed in campaign speeches were often due to the work of others, but he always took, but never gave credit for them.

Related posts:

1. Obama Owns The Economy Now
2. Will Youths Blacks And Hispanics Desert Obama?
3. The Main Stream Media Failed

Will Brown and Portman Turn Consumer Protection Agency Over to …

biggovernment.com11/18/11

Brown's most recent capitulation is his support for a floor vote for President Obama's nominee for the uber-regulatory agency known as the Consumer Financial Protection Bureau (CFPB). Brown's announcement undercuts not …

More On The GOP Jihad Against Consumer Protection

downwithtyranny.blogspot.com12/3/11

On Wednesday we took a look at how Republicans and other conservatives serve their corporate masters with an unending jihad against regulations that protect consumers, small businesses, the environment, workers and the common good. We saw a clear … Decision-making would be less rational and more random than anything that happens now because the formalities imposed by agency procedures and judicial review would no longer govern. One doesn't …

Obama is cratering in the opinion polls, and at the time of writing his personal rating is close to 45% having dropped several points over just the last couple of weeks.

And with so much talk about cutting fat and getting rid of unneeded agencies you’d likely think that Obama would be looking at ways to save money.

But instead of that, he’s doing exactly the opposite.

Instead, he wants a new unneeded federal agency that will cost upwards of 300 million dollars next year, and much much more than that over the years to come.

And who would he like to head this new unneeded agency?

Obama Wants ‘Jeopardy’ Contestant to Head New Consumer Protection Post

Seems like he’s totally out of touch with what most Americans want.

What do you think?

Related posts:

1. Obama Owns The Economy Now
2. More Than Eighty Reasons Why Obama Shouldn’t Be Reelected!
3. New Poll Says Obama’s Base Is Crumbling

Rupert Murdoch's News International 'Sought to Destroy My Life …

www.hollywoodreporter.com11/30/11

At a Leveson Inquiry hearing, Mark Lewis recounted his horror at seeing the publisher's surveillance tapes of his 14-year-old daughter.

Rupert Murdoch Sells Nearly All His Nonvoting News Corp. Shares …

mediadecoder.blogs.nytimes.com11/22/11

Rupert Murdoch has sold almost all of his nonvoting shares in News Corporation, but because of the company's dual-class voting shares he still controls the company. In a filing with the Securities and Exchange Commission …

Twenty years after flirting with bankruptcy, Rupert Murdoch is now on the verge of his biggest deal.

The proposed transaction is a complete takeover of UK satellite television operator British Sky Broadcasting (BSkyB), which would cement News Corporation’s move away from relying on the cyclical advertising market to drive earnings.

Instead, the BSkyB business, as well as News Corp’s global suite of cable TV channels and satellite TV businesses in Italy, Germany and elsewhere, would put the company squarely in the content and distribution business, and be far less prone to advertising’s vicarious ups and downs.

It would also continue News Corp’s migration towards direct consumer subscription revenues!

* Keith Rupert Murdoch, AC, KSG, born 11 March 1931 is an Australian-American media mogul and the Chairman and CEO of News Corporation.

Risk And Reward

Twenty years ago Murdoch was facing bankruptcy!

He’d invested heavily in BSkyB which had pretty much drained News Corporation, and it was rumored that he recently paid of his mortgages, which caused a great many investors to sweat.

But today Sky is the giant of television and in addition to soccer Sky Arts, National Geographic and the History Channeland much much more.

How Much Does Murdoch Control The Content?

In the two decades that he has owned the channel, not one editor or journalist that I know of has suggested that he interfered or even made suggestions about news coverage.

How incredible!

Now, twenty years later, Murdoch is on the verge of the biggest deal of his life, benefiting from the greatest of all capitalist drivers, namely risk and reward.

At a conference in London recently he used a quote about the lack of business adventure in Britain:

"We’ve got to get rid of the fear of failure in this country. In America, people start things, fail and shake themselves down and start things again. The animal spirit of capitalism is stronger there".

How Did Murdoch Achieve A Monopoly?

In a nutshell, nobody else had the guts, the nerve or the stunning management skill to take on the establishment.

When he was losing literally hundreds of millions on Sky, his competitors were delighted but now that he has made the greatest television success in all our lifetimes, they yell foul.

What The West Is Now Lacking

Surely with the US and Europe facing bankruptcy, what is urgently needed are more people like Rupert Murdoch.

And dare I say it, "No more Obamas!", because he and his ilk have yet to understand Margaret Thatcher who famously said, "Socialism is fine, until you run out of spending other people’s money!".

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1. Australia’s Kevin Rudd Gets It Right!
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Senate rejects attempt to overturn FCC's net neutrality rules …

latimesblogs.latimes.com11/10/11

The Senate on Thursday voted to keep in place the Federal Communications Commission's controversial rules aimed at preserving open Internet access.

FCC | net neutrality | Internet regulation | The Daily Caller

dailycaller.com11/21/11

FCC net neutrality rules take effect, experts doubt longevity | Free market tech experts: 'It's going to be quite clear to the court that they don't have existing authority'

Is the Obama administration trying once again to get more control over the Internet?

According to e-mails released by Judicial Watch on Thursday (June 2, 2011), the FCC (Federal Communications Commission) would appear to be coordinating its public message regarding ‘net neutrality" with Free Press, which is a left wing non-profit organization partially funded by George Soros, and one of whose aim is to reform the Internet.

Free Press and its supporters believe equal access to the Internet is a civil right, and that service providers should be prohibited from charging certain prices for certain speeds.

They argue that when providers have this kind of control, that customers in weaker coverage areas get slower service.

The thrust of their argument seems to be that either people living in high coverage areas should subsidize those in low coverage areas, or that everybody should get lower bandwidth, neither of which makes any sense, or rings true.

Opponents of net neutrality fear that if service is regulated in this way that content will soon be regulated as well!

The FCC

In spite of a federal appeals court ruling in April 2010, that the FCC did not have any authority to regulate the Internet in this way, the FCC voted to move forward with its ‘net neutrality’ program in December.

On its website, the Federal Communications Commission lists among its goals:

Promoting competition.
Innovation.
Investment in broadband services and facilities.

All of which would be impossible under ‘net neutrality’ rules.

Free Press

Free Press openly advocates for ‘net neutrality’ on its website, and describes Internet’s service providers this way:

They want to become the internet’s gatekeepers, deciding which sites go fast or slow and which won’t load at all-based on who pays them the most.

Furthermore, the group has released statements to the press in 2011 with titles such as:

Congress Should Improve, Not Dismantle, Net Neutrality Rules.

Boehner’s Attack on Net Neutrality Not Based in Reality.

Free Press Action Fund: Vote to Eliminate Net Neutrality is a Dangerous Overreach.

Judicial Watch

E-mails obtained by conservative nonprofit group Judicial Watch highlight the communications between the government and Free Press.

One message from Free Press to the FCC dated November 2, 2010 is a request for the FCC Commissioner’s chief of staff to ask his boss to write an op-ed for the Albuquerque Journal ahead of a November 16 hearing about Internet’s access.

"It’s a great way to get the word out and to spark conversations in advance of the event",

Free Press Associate Outreach Director Misty Perez Truedson wrote to the FCC’s John Giusti.

And Giusti complied, responding one week later,

"We’re working on the op ed".

Another document obtained by Judicial Watch via its Freedom of Information Act request includes the summary of a phone conversation between FCC Commissioner Michael Copps and former Free Press President John Silver, which reads in part:

"Silver emphasized that a strong net neutrality rule is critical to preserving the Internet as a vibrant forum for speech, commerce, innovation, and cultural expression",

And a few days later, the FCC voted to continue it’s net neutrality program in spite of the federal appeals court ruling.

Along with the documents, Judicial Watch released a statement explaining its concern with everything it found along with this statement by its President Tom Fitton.

"The American people should be deeply troubled by the fact that the Obama administration, on issue after issue, seems to be run by shadowy leftist organizations. Our government is supposed to be ‘of the people, by the people, and for the people’, not ‘of the Left, by the Left, and for the Left",

Maybe check out another article, relating to the Obama administration’s attempts to get more control over such companies as Apple, Microsoft and Google.

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