I do not fear computers. I fear the lack of them - Isaac Asimov

Tuesday, August 31, 2010

Tonight President Obama is scheduled to deliver a speech about the whole Iraq situation. Frankly I am intrigued at how the morons in the WH will try to play this. It seems all bad things they inherited from Bush, but this victory that clearly came from the efforts of our troops that these same grandstanding demcorats put in harms way with their actions and words, and the conviction of President Bush to fight it despite the fact that the opposition was trying to hand our troops another Vietnam-like loss - if you believe the talking heads that are predicting this - that the WH is going to claim is theirs. I doubt Obama will give credit to Bush for this, because that’s not his way. If he does, he will somewhere in there take it back and blame Bush. Maybe by indirectly brining up the liberal meme that Bush faked the intel, red meat for the morons that buy this crap, or some such other nonsense. I certainly hope he credits the troops. And of course he will play to his left wing moonbats and claim he is keeping his promise. The problem is that it will be all show, and we won despite of him and his party, while there is still a risk that we might be pulling out too soon.

The fact is that Obama was part & parcel of the donkey lineup that made the claim back when Bush’s team announced they would pursue the surge option, that it was going to fail. I do give him credit for not declaring it a failure before it happened like Reed did, or for slandering our troops or taking other actions to help the enemy’s cause like Murtha and other demcorats did, but Obama was one of the people that tried - real hard - to derail any and all efforts intended to support our troops and give them what they needed to win in Iraq. Obama made it a point during his campaigning – I mean before the election, not the continued campaigning they are doing almost 2 years after taking the WH and that is making everyone stop wondering if these morons know anything else – to say Iraq was still a failure, and that unless he was elected to fix it by pulling out the troops, things would get even worse. In short, this guy, while not going as far as many in his party have, was if not outright rooting for us to lose in Iraq, at least vested in making our efforts in Iraq look & go bad, for political and personal gain. And the troops at least seem to know that. Of course, I doubt the Lame Stream Media will bring any of that up.

Even more interesting, as I already pointed out, is the fact that most believe that Obama is about to likely claim he kept his campaign promise and that this withdrawal is due his work, when there is no doubt for anyone willing to do the leg work that the pullout going on right now was following Bush’s team’s withdrawal time table, set a long time ago, and the only contribution from the Obama team was that they didn’t fuck it all up in Iraq and pull defeat right out of the jaws of victory before now, as many of us suspected they would. My guess is that the LSM would go right along and hand him that credit. After all, he is their guy, and he desperately needs to be propped up, because the mood of the American people after seeing Obama & the progressive left in action these past 2 years is dour indeed, and November promises a massacre at the polls for the left.

Then you have the fact that Obama now is ramping up the fighting in Afghanistan, which promises to be a difficult and costly slugfest. I wonder if he and his team realize now why Bush’s team moved the fight to Iraq back in 2003. And this whole endeavor seems to be mired in doubt, what with all the talk of a fixed withdrawal table and all, despite the fact he has put General Petraeus whom immediately opted to go on the offensive and actually do some killin’ – hear much about that in the LSM these days? No stories of US troops murdering babies either, huh? - in charge of that operation as well. And then there is of course Iran, which I still feel Bush made a mistake not to deal with at the same time as they took on Iraq.

Say what you want, but tonight’s speech should be interesting. At least it should provide people with a lot to waste time on. Me, I bet it will be a lot of nothing, Obama grandstanding and campaigning, taking credit for other people’s work, blaming Bush as usual for his mistakes, and then the fawning LSM telling us how lucky we are to have this guy in charge. I sure hope I am wrong.

Monday, August 30, 2010

Have fun.

Thursday, August 26, 2010

The usual Lame Stream Media propagandists must be desperate to try and defend the close to $1 trillion dollar stimulus patronage bill known as the “The American Recovery and Reinvestment Act of 2009” as this desperate and transparently vain attempt by Time tries to make this pig pretty proves.

The American Recovery and Reinvestment Act of 2009 — President Obama’s $787 billion stimulus — has been marketed as a jobs bill, and that’s how it’s been judged. The White House says it has saved or created about 3 million jobs, helping avoid a depression and end a recession. Republicans mock it as a Big Government boondoggle that has failed to prevent rampant unemployment despite a massive expansion of the deficit. Liberals complain that it wasn’t massive enough.

Monday, August 23, 2010

I just got back from a week of vacation where I played US government - I spent way too much money on feel good stuff that yield no actual benefits - and am now because of the time off, busier than a one legged man at an arse kicking contest now at work. But I felt I had to address something that came up during a conversation I had, with a bunch of obvious liberal morons defending the disastrous collectivist policies of the last decade that have reached new limits under demcorat and Obama control, when they blamed Bush and the Iraqi war for anything from $3-$5 trillion in deficits spending. The numbers widely varied apparently even for them, but I was stumped as to why they would be pulling these ridiculous numbers up until I realized the left still wants to make believe that the deficit spending is because of the Iraq wars and defense spending, and not because of the massive growth in wasteful collectivist spending by government. 

Wednesday, August 11, 2010

That $26.1 billion payout by congress which contained a hefty $10 billion to help pay off the help of the teachers unions on behalf of demcorats right before the 2010 mid-term elections, has now come under fire, because some $12.1 billion of that money is coming from a cut in the food-stamp program. So the donkeys, because they know they need to hide their out of control spending, have literally screwed over the little people - some 41 million Americans are on this program if you believe the story - in order to pay of one of their super special interest groups. Of course, republicans are the evil ones, because according to the Lame Stream Media, they are the only ones for sale and demcorats are the party of the little people.

Heh, how are the little people feeling now that they are going to get less aid so the demcorats can pay off a political debt? How do the idiots that continue to pretend that the demcorats are the party of the little people feel, as we keep finding out more and more stories like this - not because of the Lame Stream Media for sure, I should add - and clearly see the collectivist demcorats are far, far worse than anything they have accused the other side of being? How does that saying about friends like these making enemies unnecessary go again? Party of the little people, indeed.

One of the more interesting stories to go on this week, and obviously completely ignored or misreported on by the Lame Stream Media, is the story of Omar Khadr, a terrorist that was captured in Afghanistan at the age of 15, and whom had murdered a US Special Forces servicemen with a grenade, amongst other things. This kid, now 23, was a media darling, and even juicier, one of the many cases of “inhumane treatment and torture” the left accused the Bush Administration and our servicemen of being involved with at Gitmo. Even now they are haranguing the Obama administration for the fact this poor an innocent torture victim ended up in a military tribunal!

Yep, this week Omar Khadr’s trial, a military one and not the much promised civilian ones from the campaign trail, started. Funny that. Evil Bush was demonized for holding military tribunals and the evils of Gitmo. Obama ran and won on evil Bush, and especially the wars we were fighting in 2008, and yet today we have Obama not just continuing those, but expanding them. Oh yeah, before the usual libtard brings it up, let me point out that you should not be fooled by the claims Obama is pulling troops out of Iraq. First off, this isn’t Obama’s doing because his pullout was part of the Bush Administration’s time table, and we are leaving some 50K troops behind. And we all know Obama, to his credit, has stepped stuff up in Afghanistan. Even more telling is the fact that Gitmo is still open and in business. Guess being a bunch of holier-than-thou leftist twits that accused the Bush Administration of being an evil bunch of torturers that only concocted Club Gitmo to avoid scrutiny and be able to torture at their leisure and demanded/promised its closure, completely ignoring the reality on the ground, suddenly isn’t so easy when you have to deal with the problems, huh libtards?

And now that we are on the subject of Gitmo and torture, let me give you a piece of information I doubt you will get from the MSM. Remember those torture charges filed by the usual scumbag lawyers – no, these lawyers aren’t just doing their jobs, they want to screw over the US and are hoping to demonize our troops and country, so they are scumbags - defending these evil bastards? Well, the attempt to use them to suppress Khadr’s confession because they were obtained through torture have they have been summarily dismissed:

The decision by army Colonel Patrick Parrish came shortly after Mr. Khadr pleaded not guilty through his Pentagon-appointed defence lawyer to the five war crimes charges he faces. The ruling is a major blow to Mr. Khadr, who claimed in a February 2008 affidavit he was abused during interrogations after his capture at the end of a 2002 firefight with U.S. soldiers in Afghanistan. The judge ruled a video apparently showing the suspect making and planting land mines is admissible, rejecting the defence argument it was obtained based on information coerced from him.

Oh the evil military judge screwed Khadr over! Well, no, because the video is damning:

In a video shown at the hearing yesterday, Mr. Khadr was seen telling Guantanamo Bay guards trying to weigh him for the International Red Cross “God will take ... revenge” on the United States. “I am here in prison, but there are millions of people outside,” he says in the May 2006 clip. “What’s happening to you is not for nothing.” In the February 2008 affidavit, Mr. Khadr, 23, alleged guards mistreated him during the weighing session, claiming they “pressed on my pressure points.”

The clip appears to show the guards acting with restraint as they push him toward the scale and point out all his “brothers”—a reference to other detainees—had been weighed without protest. “Come on man, it’s not that bad,” says one after Mr. Khadr claimed the treatment was a “very small example of what’s really going on” at the facility. “We’re not doing this to hurt you, torture you,” adds another, amid explanations his weight was needed for his health records. Although Mr. Khadr spent about 20 minutes resisting the guards, the tape hinted he had been playing to the camera as he switched from the English he used to speak to the guards to Arabic to speak to fellow detainees in nearby cells.

So the “torture” these libtard accused our troops of committing under direction from evil Bush? Yeah, weighing this bastard - while he was threatening our troops with murder and our country with destruction - so we can have accurate medical records to please the libturds that will try to turn everything and anything into an argument about the evils of America and its military.

And surprise, surprise! This bastard is obviously been coached on how to play to the camera to help the libturds do the dirty job of helping the Jihadists and their cause. Don’t expect the left to admit they where used – my take is that it is more complicity than used despite the claims from the lot of them to the contrary – yet again, and that the facts bear out quite a different narrative than the rampant torture stories we constantly are subjected to by them, though.

What’s the odds we are going to continue to hear from the usual suspects that they are ignoring the torture or white washing it – and even more important that it is happening under Obama’s reign (are we no longer an evil empire?) – going forward, despite yet more evidence there was no torture, and that these people will rethink their stance on Gitmo or the Bush Administration’s efforts to fight a vile and evil murderous bunch? Yeah, I know. Zilch.

Monday, August 09, 2010

The GOP for his woes! Sure, Charlie. It wasn’t you know, the fact that you are a crook that has you in hot water, it was them evil republicans and their lack of support in cutting you a deal. I guess Rangel is at least smart enough to know Bush is gone, and blaming him wouldn’t fly well. So instead of blaming Bush he went for the next best thing: the GOP. Maybe he forgot that there was video to disprove his bullshit? I was fine until the evil right got me in trouble! Dang, you can’t make this stuff up.

The again, in the day and age where the Lame Stream Media is busy trying to convince us that their lame horse isn’t the first one, as even the Feds can’t lie about the effects of Obamanomics anymore, while our elite party like it was 1999, this should not come as a surprise. Heck, we even have desperate demcorats trying to rig the November elections by putting up faux Tea Party candidates to siphon votes from their oppositions. That bloodbath sure is looking like it will be fun.

My guess is Charlie is just setting up the stage so he can then still run in November, win that election because his district likes that he is a scumbag, and then hand that seat over to demcorats when he just plain resigns. After all, if he was to deal with that now, the democrats would have to worry about losing even that seat. These crooks - and by crooks I mean demcorats - do play for keeps, though. Maxine Waters, another legally challenged demcorat, was unavailable for comment. We are in great hands people. Hope & Change! I bet these elitists hate the fact they even have to put up the charade.

Tuesday, August 03, 2010

That’s Tim Geithner providing cover for the failed collectivist policies now driving the country:

Treasury Secretary Timothy Geithner acknowledged that it is still a “tough economy” for most Americans, and warned it’s possible the unemployment rate will go up for a couple of months before it comes down as more people enter the labor force.

“When they see a little hope that there may be jobs out there, they start to come back in again. And that can cause the measured unemployment rate to go up — temporarily,” Geithner told “Good Morning America’s” George Stephanopoulos in an exclusive interview. “But what we expect to see, and I think most forecasters expect this…is an economy that’s gradually healing, gradually strengthening, businesses starting to add people back.”

The economy is not rebounding as quickly as Geithner and the Obama administration would like, he said. Last week’s economic report card showed the Gross Domestic Product grew at a rate of 2.4 percent, slower than it had earlier this year. But amid that bad news, Geithner said, were signs of growth in the private sector.

Talk about your snow job. The economy is not rebounding because collectivist wishful thinking and government funneling trillions to democrat operatives, friends, donors, lobbyists, and causes, while growing fat and large, contrary to all the fantasies, is never going to create any productive jobs. Private sector jobs produce wealth because those jobs provide net revenue to the economy and government. Government jobs destroy or shuffle wealth, and then inefficiently too, as they take private sector cash and reallocate it or simply burn it up. The morons in charge right now have done a ton of burning, and their agenda is set to burn even more, far beyond the capacity of any private sector to keep up with, in the future.

Anyway back to Geithner, and the excuse making for why these collectivists in government think they should get even more of our money, and have no doubt that this is about them feeling entitled to our money and being pissed we don’t want to go along.

“If you extend all these tax cuts just for two years or so, you’re going to leave the vast bulk of Americans…with uncertainty about what the rules of the game are going to be,” Geithner said. “What we’re proposing is to extend those tax cuts for the middle class. Extend those tax cuts for small businesses. Make clear that we’re going to keep dividends and capital gains rates, the taxes that go to business, to capital investment, at a modest rate going forward. That’ll give people more certainty.”

Get that? He is talking about the economic uncertainty Congress’ refusal to take a firm stance on the Bush tax cuts that expire at the end of this year. His take is that letting the tax cuts stay in place for an undetermined term will just keep people uncertain. So instead of saying, lets make them permanent and restart the economy, his genius solution is to just let them expire already, and hammer the people with more taxes. After all, big government needs cash to keep living large & in charge, baby! Want to see some more genius?

Geithner: ‘The Business Community Always Wants Their Taxes Lower’ Before businesses begin to use the estimated $1.8 trillion they have set aside, they want a commitment that their taxes will not increase over the next two years. Geithner did not make that promise, instead saying “the business community always wants

Evil and stupid businesses want to have low taxes! Don’t they know their sole purpose, like that of the serfs, is to feed big government cash so it can farm it out to those it favors? How dare they! Profits are evil! From each according to his ability, and to each according to his needs! And government needs!

OK, enough making fun of these morons and showing the obvious flaws in their ideology. Here is the deal. These losers know they have crashed the economy. This article, for a change, didn’t simply try to blame Bush, and hope the people stayed distracted, but they are still trying to make like the reason we are where we are and heading downwards fast, still isn’t their fault. This whole “we are going to lose more jobs before we get new ones” meme, is a demanded lie. If they keep doing what they are doing we will lose the jobs alright, but they are never coming back either.

Don’t worry though! Big government will cut you a monthly check that will provide you a standard of living at what will be considered right above the new poverty line – it will be far lower than it is now too – and like the majority of people, you won’t have to worry and covet what your neighbor has, since nobody will have anything. And although they got but a short line to show it, in this MSM article, even the Cubans have figured out government can’t create wealth: just steal it. Sad times. Get ready to have more unemployment.

Monday, August 02, 2010

Looks like the Charley Rangel ethics circus will have some company & competition right around the elections this year from none other than Maxine Waters. Why you ask?

The House ethics committee on Monday announced it has found Rep. Maxine Waters, D-Calif., in violation of the rules of the House. The panel did not release the details of the violations, but most believe the charges relate to the 71-year-old lawmaker’s efforts to secure federal bailout funds for a bank tied to her husband. Waters has said she plans to fight the charges, which means the panel would have to hold a public hearing, much like a trial, to determine whether she is guilty of an violations.

Looks like both Rangel and Waters will have to vie for the famous Johnny Chocran “Chewbacca Defense” from South Park to pull this off. Considering it will be “their peers” that will preside over this whole affair, watch them bot get off with mere slaps on the wrists, though in this new age of “Hope & Change”. As that old lefitst saying goes: “All people are equal, except some of the people are a lot more equal than others.”

Waters like Rangel think that she has not done anything wrong. Quoting another famous saying, she pointed out after being told her bank account had run dry, just like the old lady from the saying did, that she couldn’t be in trouble because she still had a whole lot of checks left! Keep writing them Maxine, your ego will cash em for ya… And the MSM will give ya good cover too. 

Remember the good old days when the occupant of the WH didn’t have a (D) next to his name and the left told us that killing terrorists was only going to make more of them? Well, those days are long gone. Now we have the leftists at the NYT telling us about the new CinC Obama, his “New war” in Afghanistan, how hardcore he is because he committed 30K troops, and the knew found knowledge that the best way to deal with insurgents was to, get ready, “kill them”!

One has to wonder why these leftists only seem to be interested in accepting the way things work in the real world when their asses are on the line? Seriously, can anyone here imagine the NYT allowing anything like this to be published while Bush was president and we were really fighting the enemy? We all know that the story would be about “the innocents” massacred by our bloodthirsty and evil troops. Seriously, don’t you have to laugh when you read stuff like this:

Faced with that reality, and the pressure of a self-imposed deadline to begin withdrawing troops by July 2011, the Obama administration is starting to count more heavily on the strategy of hunting down insurgents. The shift could change the nature of the war and potentially, in the view of some officials, hasten a political settlement with the Taliban.

Faced by reality! There you have it. Now that you had to deal with the consequences of your stupid ideological beliefs, suddenly you have the guts to do away with them. It is not coincidental that in the real world the stuff the left tries the hardest to fight against or pretend doesn’t matter that actually does.  I wish this reality induced lapse of sanity on the left was more frequent an occurrence on the left. Reality has a way of shattering the idiotic illusions and fantasies of the stupid, and if they don’t learn the lesson quick, it does away with them. We need a lot more of that reality so these left, embodied these days by the demcorats, but also some RINOs, can stop destroying this country.

In the mean time, kill these stupid and evil bastards we were told for 8 years would only reproduce in numbers. I wonder why the NYT didn’t comment on that shattered leftists meme, huh? Better late than never, I guess.

The democrats and the left went a long way during the 8 years of George Bush to fool Americans into thinking that he was and ran a fascist government that was deprived people of their freedoms. That, of course, was primarily because GWB, unlike so many others, fought the attempt of demcorats to steal the 2000 and prevented them from keeping power. Liberals went batshit after Al Gore’s lawyers and the Florida Supremes were blocked from stealing the election for Gore, by allowing demcorats to create arbitrary and varying counting standards, suppress military ballots, and a slew of other shenanigans, by the SCOTUS. Couple that with the fact that, as Bill Clinton lamented, 9-11 happened and gave Bush the chance to look presidential – sounds to me like he was hoping it could have happened when he was lying his sorry ass off under oath about his lack of zipper control – and most Americans knowing by now Al Gore is a crazy bastard. The wars that followed the 9-11 attacks, and the fact that Americans rejected yet another elitist lefty loser – John “Did I tell you I won 3 Purple Hearts, even if I wrote them up for myself” Kerry - in 2004, and you can see the slide into madness. They were in fact so batshit that they conspired to elect what will go down as one of America’s weakest and most destructive presidents in 2008.

Ever since then however, we have seen real government abuse, a drastic decrease of our freedoms, and all the stuff they falsely accused Bush of happening. We hear daily accounts, not from the colluding MSM that I has become nothing more than an echo chamber, propaganda outlet, and an apologist machine for these collectivist, of how this government chooses to arbitrarily enforce or not to enforce laws by race, class, or political expediency.  In fact, we even have admissions from one them now, in what appears to be a candid moment, that they think they pretty much can do whatever they want, whenever they want to. That kind of attitude is frightening, but remember, only conservatives are evil fascists and don’t care much for either the constitution or the law! These bastards are playing for keeps, and unless we want to wake up one day in a country that is modeled after Fidel’s Cuba or Chavez’s Venezuela, we better give them their pink slips in November. And Republicans better beware too. If they are going to bring us more of the same, then we will just have to get rid of both parties.

Friday, July 30, 2010

When Obama, helped by the demcorat controlled congress, bought out GM for their Union buddies with tax payer money masquerading as stimulus funding or TARP bailouts - that line is blurry - I warned that the result of this would be disastrous. I warned that all that a government takeover of a car manufacturing company would lead to was the forced adoption of a car that would not be liked, used expensive green technology that was meaningless in the grand scheme of things, and in the end would cost orders of magnitude more to purchase than one was getting for it. Of course, the left pretended that wouldn’t be the case, and that now that government was in charge of GM’s strategy and direction, they would put out a dream car that would do the imposable and also save the environment and planet all in one swoop. GM would go into the business of making green transportation, and with the evil entities usually blamed by the combustion engine-haters unable to thwart GM’s efforts because of government protection, they would finally succeed! All the deniers and doubters were finally going to be shown how great that whole collectivist green stuff really was. It looks like I was right. Let me rub it in some.

Thursday, July 29, 2010

Remember all those collectivists bloaviating about how they have finally stuck it to evil corporatists, capitalists, and Wall Street, by passing that 2400 plus page regulatroy monster? Well guess what: they want to conrtol the private sector, but it is damned obvious they want none of that for them:

So much for transparency. Under a little-noticed provision of the recently passed financial-reform legislation, the Securities and Exchange Commission no longer has to comply with virtually all requests for information releases from the public, including those filed under the Freedom of Information Act. The law, signed last week by President Obama, exempts the SEC from disclosing records or information derived from “surveillance, risk assessments, or other regulatory and oversight activities.” Given that the SEC is a regulatory body, the provision covers almost every action by the agency, lawyers say. Congress and federal agencies can request information, but the public cannot.

Yeah, this is going to work out real well for us all…

Read the whole thing. You simply can not make this shit up. All the evil things the left accused Bush falsely of doing they are actually doing for real. Serfs: that’s what they are going to make us all into.

Tuesday, July 27, 2010

Unless you live in a cave somewhere - not Afghanistan or Pakistan of course, because if you are there, your co-conspirators in the MSM are keeping you in the loop, and letting you now how well your joint war on civilization is going - you have heard about the big WikiLeaks document dump. The real big revelation?

A trove of military documents made public on Sunday by an organization called WikiLeaks reflects deep suspicions among American officials that Pakistan’s military spy service has for years guided the Afghan insurgency with a hidden hand, even as Pakistan receives more than $1 billion a year from Washington for its help combating the militants.

Yawn! As if this was not obvious already. Maybe we need to talk more to the Pakis and cut off their funding. Let their Chinese buddies pay for them. Military investigators are checking computers used by Pfc. Bradley Manning, who somehow made it into an intelligence analyst slot, and then got charged this month with leaking this classified information for whatever idiotic reason. I hope that he spends a lot of time in Leavenworth, being “loved long time” at a minimum, or hangs for this treasonous act. The MSM, and especially these losers, are an enemy of this state.

Anyway, the left is dead set in pretending these documents show war crimes. Of course these morons would not know a war crime if it bit them in the arse, and only believe that the US or other NATO troops can commit war crimes - where else have we heard something just like that, huh? - anyway, so take it all with a grain of salt. As I suspected, this moron released mostly boring and low level contact reports, and while it is obvious that there will be information that is damaging to security, the troops, and operations, I doubt there will be anything that is going to satisfy the left’s need for a grand conspiracy and rampant war crimes after this revelation about the documents classification status made it obvious that:

WASHINGTON (Reuters) - The Pentagon said on Monday that its review of the leak of secret military documents on the war in Afghanistan would take “days if not weeks” and that it was too soon to assess their damage. WikiLeaks, an organization promoting the leaking of information to fight corporate and government corruption, on Sunday said it released 91,000 U.S. military documents on the war stretching back to 2004.

This Australian newspaper also seems not to know WikiLeaks is one giant joke where fake is real and not give them so much legitimacy, but who then again, it doesn’t fit the narrative. Speaking of narrative, check out this beat down:

Well, the issue of civilian casualties is a major one and the U.S.  has taken a lot of criticism because of this. However, what’s interesting to note that is according to the documents, 195 Afghan civilians have been killed. But also according to the documents, two thousand Afghan civilians have been killed by the Taliban, which is more than ten times the number said to be killed by U.S. and NATO forces. And very little is being made of that.

I have been asking the same question. Why is the western media obsessed with how many people we kill but always giving these barbarians a pass? At a minimum it puts into serious doubt their motives and makes it clear that there is an agenda, and then not a good one. When the agenda is that leaks that compromise lefty reporters and their agenda is bad, but any leaks that kill American troops and hampers America’s ability to fight wars against evil people while helping those fighting America is good, you have a problem. In case you are not seeing the obvious swipe here, I am discussing the left’s reaction to the t revelations about Journolist and their shenanigans, up and including their collusion to defend and elect the idiot now living in the WH, versus the reaction from the left about the release of documents intended to hurt American troops during a war.

Don’t you worry though! The left will have someone on their side cook up the facts just right. Maybe they can get Oliver Stone to do it for them after he reforms Hitler’s & Stalin’s images so the left no longer needs to remember that these two collectivists combined to kill close to a hundred million people in a war, and that Stalin fellow killed a few tens of millions more of his own people and a few hundred million more, leaving billions in chains, as their filthy collectivist ideology spread across the globe.

Thursday, July 22, 2010

Well, it looks like the tax payer subsidized government bail outs are now at a record setting $3.7 trillion of tax payer dollars, with no end in sight. Seems that $4 trillion number we were supposed to hit at the end of Obama’s first term will come about long before we get rid of him. Some $700 billion has been forked out just in the last year.

WASHINGTON, July 21 (Reuters) - Increased housing commitments swelled U.S. taxpayers’ total support for the financial system by $700 billion in the past year to around $3.7 trillion, a government watchdog said on Wednesday. The Special Inspector General for the Troubled Asset Relief Program said the increase was due largely to the government’s pledges to supply capital to Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) and to guarantee more mortgages to the support the housing market.

Now one can argue that it was necessary and Bush was not a moron for going along with the first $350 billion, but none of us, including GWB, liked it when congress - who controlled it back in 2008 again lefties - decided to up it to $ 700 billion, and most of us objected to it. Even though Bush was no longer running for office, republicans paid for this move in 2008, while the demcorats made a great show, even as they rigged the way the cash was being distributed to make it end up with their hobby horses, big donors, friends and lobbyists, of blaming Bush for the bad economy and the need to bail out corporations with tax payer money. Things have steadily gone down hill from there, as the TARP bailout funds became the perfect place for demcorats to hide their shenanigans, and that $700 billion number soon was nothing but wishful thinking. Here we are now closing in on the $4 trillion mark not even two years after the fact. And who, pray tell, did most of the $700 billion they spent this year go to? Why.. Nah, just read it yourself:

Increased guarantees for loans backed by the Federal Housing Administration, the Government National Mortgage Association and the Veterans administration increased the government’s commitments by $512.4 billion alone in the year to June 30, according to the report.

“Indeed, the current outstanding balance of overall Federal support for the nation’s financial system...has actually increased more than 23% over the past year, from approximately $3.0 trillion to $3.7 trillion—the equivalent of a fully deployed TARP program—largely without congressional action, even as the banking crisis has, by most measures, abated from its most acute phases,” the TARP inspector general, Neil Barofsky, wrote in the report.

So wait a minute? We aren’t bailing out banks anymore – the demcorats sure as hell are trying their best to pretend that the bailouts are for Wall Street – like before, so what did all that cash end up going to? Well you found out when you read deeper into the article, or if you had been paying attention, that the big money this year went to prop up government institutions and amongst them are none other than Freddie and Fannie, whose protectors also brought us that fun bill Hal has an awesome piece on right here. The banks in the mean time? Well, check it out:

The increased government commitments more than offset about a $300 billion decline in the U.S. Treasury’s TARP commitments in the past year as programs have closed and banks have repaid taxpayer funds.

They are paying back our money. So why are we still seeing such massive TARP expenditures still going on when the banks are paying back the cash, then?

“The fact that the Obama administration is treating TARP like its own personal slush-fund is beyond egregious and a complete betrayal of what the American people were told would be then when their tax-dollars were used to bailout Wall Street,” Issa said in a statement, adding that the housing efforts were “dumping good money after bad”.

Heh, must be more of the same game that has them avoiding both a budget before the 2010 elections and playing chicken with the Bush tax cuts that expire then too. “Hope and Change”, baby! Fiscal discipline the demcorat way....