Friday, November 20, 2009
President Obama’s Cloward-Piven Strategy of Controlled Crisis Creation Crippling Capitalism–Coup D-Etat On America
Educate yourself on Obama's Cloward-Piven Strategy.
This website includes video and sound recordings that highlight the modern progressive movement's goal to crush capitalism and install Marxist rule.
First proposed in 1966 and named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven, the “Cloward-Piven Strategy” seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.
Thursday, November 19, 2009
Geithner on the Hot Seat
November 19, 2009 Posted by John at 7:35 PM at Powerline
Treasury Secretary Tim Geithner appeared before the Joint Economic Committee today. One striking feature of Geithner's testimony was how partisan it was. In keeping with the Obama administration's mantra, he repeatedly tried to cast blame on the Bush administration while failing to acknowledge that when the financial crisis developed, he was the head of the Federal Reserve Bank of New York, and as such one of the most influential figures in our financial system. If he saw the crisis coming, or thought that the administration's policies were badly misguided, he had every opportunity to speak up, and his words would have been highly influential. But he did no such thing.
read more
All right. We've got the TARP. It's supposed to expire. Why won't we let it die a natural death, rather than letting it painfully linger and absorbing tax dollars?
GEITHNER: We are working to put the TARP out of its misery. And no one will be happier than I am...
BURGESS: Well, according to my figures...
GEITHNER: .. to see that program terminated and unwound. And I want to point out that, we are moving very aggressively to close down and terminate the programs that defined TARP at the beginning of the crisis. Now...
BURGESS: Well, it looks like the money is going out with little or no oversight...
GEITHNER: No, that's absolutely not true.
BURGESS: Well...
GEITHNER: The Congress established three separate oversight committees...
BURGESS: Your own special inspector general for the Troubled Asset Relief Program has got several concerns about it. Why not just stop spending on the TARP funds? And why not repeal the program? We don't need it anymore. The American people never liked it. Let's just do away with it.
GEITHNER: Let me just point out the disagreement between what your colleague said and I think what most people across the country understand and believe, which is that, if you look at what's happening in housing, if you look at what's happening to small businesses, this economy still faces tremendous financial challenges.
BURGESS: What's happening in small businesses is people are frightened to add jobs, because they don't know what we're going to do to them in health care. They don't know what we're going to do to them in financial regulation. They're scared of what we might do with energy prices in the future with cap and trade. Small business -- medium sized business is frightened at jobs right now.
I could help the president and his panel. He doesn't need another program. We don't need another stimulus. We need to provide some tax relief and then get the heck out of the way, and the American economy will recover as it has always done.
GEITHNER: That broad philosophy helped produce the worst financial crisis and the worst recession we'd seen in generations. We had a pretty good test of that philosophy -- a pretty good test of those policies that did not serve the country well. Now...
BURGESS: Mr. Geithner, when I came here in 2003, we were in a jobless recovery. Tax relief was passed in May of 2003, and as a consequence by July of that year, we were adding jobs at a significant rate. It seems to have worked fairly well.
Treasury Secretary Tim Geithner appeared before the Joint Economic Committee today. One striking feature of Geithner's testimony was how partisan it was. In keeping with the Obama administration's mantra, he repeatedly tried to cast blame on the Bush administration while failing to acknowledge that when the financial crisis developed, he was the head of the Federal Reserve Bank of New York, and as such one of the most influential figures in our financial system. If he saw the crisis coming, or thought that the administration's policies were badly misguided, he had every opportunity to speak up, and his words would have been highly influential. But he did no such thing.
read more
All right. We've got the TARP. It's supposed to expire. Why won't we let it die a natural death, rather than letting it painfully linger and absorbing tax dollars?
GEITHNER: We are working to put the TARP out of its misery. And no one will be happier than I am...
BURGESS: Well, according to my figures...
GEITHNER: .. to see that program terminated and unwound. And I want to point out that, we are moving very aggressively to close down and terminate the programs that defined TARP at the beginning of the crisis. Now...
BURGESS: Well, it looks like the money is going out with little or no oversight...
GEITHNER: No, that's absolutely not true.
BURGESS: Well...
GEITHNER: The Congress established three separate oversight committees...
BURGESS: Your own special inspector general for the Troubled Asset Relief Program has got several concerns about it. Why not just stop spending on the TARP funds? And why not repeal the program? We don't need it anymore. The American people never liked it. Let's just do away with it.
GEITHNER: Let me just point out the disagreement between what your colleague said and I think what most people across the country understand and believe, which is that, if you look at what's happening in housing, if you look at what's happening to small businesses, this economy still faces tremendous financial challenges.
BURGESS: What's happening in small businesses is people are frightened to add jobs, because they don't know what we're going to do to them in health care. They don't know what we're going to do to them in financial regulation. They're scared of what we might do with energy prices in the future with cap and trade. Small business -- medium sized business is frightened at jobs right now.
I could help the president and his panel. He doesn't need another program. We don't need another stimulus. We need to provide some tax relief and then get the heck out of the way, and the American economy will recover as it has always done.
GEITHNER: That broad philosophy helped produce the worst financial crisis and the worst recession we'd seen in generations. We had a pretty good test of that philosophy -- a pretty good test of those policies that did not serve the country well. Now...
BURGESS: Mr. Geithner, when I came here in 2003, we were in a jobless recovery. Tax relief was passed in May of 2003, and as a consequence by July of that year, we were adding jobs at a significant rate. It seems to have worked fairly well.
scary video -- County-by-county job loss since 2007
click for video
According to the U.S. Department of Labor's Bureau of Labor Statistics, there are more than 31 million people currently unemployed -- that's those involutarily working parttime and those who want a job, but have given up on trying to find one. In the face of the worst economic upheaval since the Great Depression, millions of Americans are hurting. The above interactive map serves as a vivid representation of just how much. Watch the deteriorating transformation of the U.S. economy from January 2007 -- approximately one year before the start of the recession -- to the most recent unemployment data available today.
another ACORN video -- Los Angeles
ACORN: LA Story Program for Torture Victims
by James O'Keefe
Lavelle Stewart, of ACORN in South Central Los Angeles, tells us she thinks we have to hook up with “someone who’s on that international sex business level,” that “14 and 15 year olds been traveling overseas for years,” that she can do independent research for us, and that she has had meetings with Porn magnate Larry Flynt. As for laundering the sex money into my faux political campaign, Lavelle says, “there are ways, people do it all the time. Yeah there are ways, especially out here in California.”
click for part two
by James O'Keefe
Lavelle Stewart, of ACORN in South Central Los Angeles, tells us she thinks we have to hook up with “someone who’s on that international sex business level,” that “14 and 15 year olds been traveling overseas for years,” that she can do independent research for us, and that she has had meetings with Porn magnate Larry Flynt. As for laundering the sex money into my faux political campaign, Lavelle says, “there are ways, people do it all the time. Yeah there are ways, especially out here in California.”
click for part two
Wednesday, November 18, 2009
Obama: Too much debt could fuel double-dip recession
Wed Nov 18, 2009 6:14am EST | Reuters
BEIJING, Nov 18 (Reuters) - President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.
read more if you can stomach the idiocy
Defeat The Debt Pledge Commercial
Children: I pledge allegiance to Americaʼs debt, and to the Chinese government that lends us money. And to the interest, for which we pay, compoundable, with higher taxes and lower pay until the day we die.
VO: American tax payers owe more than $500 million in interest payments every day to cover our governmentʼs debt, much of that debt is owe to foreign governments. Go to DefeatTheDebt.com.
Health 'Reform' Gets a Failing Grade
The changes proposed by Congress will require more draconian measures down the road. Just look at Massachusetts.
By JEFFREY S. FLIER | The Wall Street Journal | NOVEMBER 17, 2009, 6:59 P.M. ET
As the dean of Harvard Medical School I am frequently asked to comment on the health-reform debate. I'd give it a failing grade.
Instead of forthrightly dealing with the fundamental problems, discussion is dominated by rival factions struggling to enact or defeat President Barack Obama's agenda. The rhetoric on both sides is exaggerated and often deceptive. Those of us for whom the central issue is health—not politics—have been left in the lurch. And as controversy heads toward a conclusion in Washington, it appears that the people who favor the legislation are engaged in collective denial.
read more
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