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Urgent, Democrats Warn Snow Levels Mean We Must Act Now!!!

2011-02-01T20:43:00.000-06:00

Ahmedinejad Threatens President Obama policy on Iran

2010-09-21T20:19:00.003-05:00

Iran President Ahmedinejad Threatens U.S. War Without Boundaries If Nuclear Faclities Attacked - ABC News

Iranian President Mahmoud Ahmedinejad warned the Obama administration today that if Iran's nuclear facilities are attacked, the U.S. will face a war that "would know no boundaries."

The Iranian president, who is in New York for the annual meetings of the United Nations General Assembly, spoke at a breakfast meeting with reporters and editors at Manhattan's Warwick Hotel.

He said that Iran is on the brink of becoming a nuclear power, and warned Israel and the U.S. against attacking its nuclear facilities.

Asked about the possibility of a U.S.-supported Israeli air strike against Iran, the fiery Iranian leader said an attack would be considered an act of war, and suggested the U.S. is unprepared for the consequences. Such a war "would know no boundaries," Ahmedinejad said. "War is not just bombs."

Iranian President Mahmoud Ahmedinejad

President Barack Obama, by ignoring Iranian's president doesn't mean he will go away. By putting your head in the sand on this situation only allows Ahmendinejad to take shorts at your ass, as he done at the United Nations General Assembly. He is trying to show the Arab world that he is not afraid of you and as a school bully trying to make you look bad and weak to the rest of the world.

What you are doing now is not working!

US Secretary of State Hillary Clinton embarrassed your administration when she said, "And I can only hope that there will be some effort inside Iran, by responsible civil and religious leaders, to take hold of the apparatus of the state," That was yesterday and today she has to clear up her statement. Hillary Clinton did not call for regime change in Tehran when she asked at the weekend for "responsible" leaders to assert control in Iran, her spokesman said Monday.

It looks like President Obama and Hillary Clinton are afraid to upset the bully Mahmoud Ahmedinejad. President Obama and the Democrat Party were upset with President Bush's statement that Iran was an axes of evil. President Bush often repeated this throughout his presidency, describing governments that he accused of helping terrorism and seeking weapons of mass destruction. Bush labeled Iran, Iraq and North Korea as the axis of evil.

President Obama has publicly rejected the idea that Iran's existing stock of LEU represents a breakout capability on more than one occasion. He has stated that Iran would have to make an overt move to have a "breakout capability" that would signal its intention to have a nuclear weapon.

Obama appeared to suggest that there are ways for Iran to demonstrate its intent not to build a nuclear bomb other than ending all enrichment and reducing its stock of low enriched uranium to a desired level.

So as you can see President Obama will not believe that Iran's nuclear power is not for war until they use it on Israel. What do you believe?

Obama on Iran "Small country no threat to the US, I will talk to them."

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U.S. Postal Service and Fannie Mae Losses Billions

2010-08-05T20:22:00.003-05:00

UPDATE 1-US Postal Service loses $3.5 bln in third quarter | Reuters

The U.S. Postal Service reported a quarterly net loss of $3.5 billion on Thursday and said it will likely have a cash shortfall going into 2011.

The agency, which delivers nearly half the world's mail, has reported net losses in 14 of the last 16 fiscal quarters.

Revenue in the third quarter that ended June 30 fell $294 million to $16 billion from a year ago, while expenses were $789 million higher at $19.5 billion, due largely to higher workers' compensation costs and retiree health benefits.

"Given current trends, we will not be able to pay all 2011 obligations," said Joseph Corbett, the agency's chief financial officer.

Mail Carriers waiting to deliver the mail.

News Categories
FINANCE, BREAKING, US
Related News:
Fannie Mae Seeks $1.5 Billion From U.S. Treasury After 12th Straight Loss
Fannie Mae, the mortgage-finance company operating under federal conservatorship, is seeking $1.5 billion in aid from the U.S. Treasury Department after a 12th straight quarterly loss.

Fannie Mae had a loss of $1.2 billion in the second quarter, compared with a loss of $14.8 billion in the same period a year earlier, it said today in a filing to the Securities and Exchange Commission. The Washington-based company posted more than $147 billion in losses in the preceding 11 quarters, according to data compiled by Bloomberg.

The Treasury Department seized Fannie Mae and McLean, Virginia-based Freddie Mac, the biggest sources of U.S. mortgage funding, in September of 2008 and has spent $145 billion already to keep them solvent. In April, the Treasury and Department of Housing and Urban Development asked for public comment on how to fix the funding system after the companies’ losses on subprime mortgages pushed them to the brink of collapse.
The government-sponsored enterprises own or guarantee more than half the $11 trillion U.S. residential debt market. Freddie hasn’t yet disclosed second-quarter results.

Change you can believe in.

President Barack Obama has repeatedly claimed that his budget would cut the deficit by half by the end of his term. But as Heritage analyst Brian Riedl has pointed out, given
that Obama has already helped quadruple the deficit with his stimulus
package, pledging to halve it by 2013 is hardly ambitious. The Washington Post has a great graphic which helps put President Obama’s budget deficits in context of President Bush’s.

Remember According to President Obama, President Bush got us in this situation. President had noting to do with it.

Bernanke, debt limit, budget deficit, dollar

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National Guard Troops Border Support Role only One year.

2010-08-01T10:33:00.002-05:00

FOXNews.com - Timing of National Guard's Deployment to Southwest Border Stirs Confusion, Anger

The 1,200 National Guard troops expected to arrive Sunday on the southwest border for reinforcement won't finish deploying until late September, federal officials say, stirring confusion and anger among Arizona lawmakers who thought the deadline was Aug. 1.

President Obama announced in May he would send National Guard troops amid growing concerns about border violence stemming from illegal immigration and drug smuggling. Many called for a military presence along the U.S-Mexico border to assist border patrol agents as Arizona Gov. Jan Brewer signed a controversial law making illegal immigration a state crime -- a policy that a judge weakened this week in federal court.

Earlier this month, the Department of Homeland Security said the troops would be sent Aug. 1. But now both the National Guard Bureau and the Customs Border Protection says that date was when they were directed to start ramping up their numbers.

Arizona lawmakers shook their heads in disgust.

The National Guard That Can Not Guard our Borders.

Homeland Security and Pentagon officials have been jousting over the possible National Guard deployment for the better part of a year. Pentagon officials worried about perceptions that the U.S. was militarizing the border and did not want Guard troops to perform law enforcement duties.

Obama on Tuesday promised to send 1,200 Guard troops to the border to support efforts to block drug trafficking and temporarily supplement Border Patrol agents until more agents can be trained.
The additional 1,200 National Guard troops —providing support for one year as part of the administration’s unprecedented efforts to crack down on transnational smuggling and cartel violence, as CBP continues to recruit and train additional officers and agents to serve on the Southwest border.
Former President George W. Bush sent thousands of Guard troops to the border in 2006.

Bush said it's crucial to not only increase patrols but to reduce the number of people trying to sneak across the border, saying that employers must be held accountable for the workers they hire. Bush says that although we are a nation of laws, we are also a nation of immigrants. "These are not contradictory goals. America can be a lawful society and a welcoming society at the same time," he said. The fact is that millions of illegal immigrants are already in the country, Bush said, but they should not be given an automatic path to citizenship. This is amnesty, and I oppose it. Amnesty would be unfair to those who are here lawfully -- and it would invite further waves of illegal immigration."

"This (Obama) administration seems to promise a lot and then when you get into the fine print, it just doesn't happen," said Sen. John McCain, R-Ariz., who has called for 6,000 National Guard troops.

Asked whether he had been briefed on what role the troops would play, McCain said, "We have not been briefed, and we have asked for briefing both in writing and verbally, and the answer is,'we'll get back to you.'"

"Troops will be there this Sunday as planned," a Homeland Security spokesman said. "This is the beginning deployment stage. There is a ramp-up time and troops will be trained. Nothing has changed in our world."

"Nothing has changed in our world." That is the problem!

Obama to Send 1200 Troops to US-Mexico Border

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President Obama on the View, Girlie Man?

2010-07-29T18:58:00.002-05:00

"The View": Obama Talks About His iPod, Lindsay Lohan and His Daughters - Celebrity Circuit - CBS News

President Obama's musical tastes were just one of the lighter things talked about during his appearance on "The View."

After the first part of the interview dealt with jobs, the economy and the war in Afghanistan, the "View" co-hosts moved the conversation towards less heavy topics - like his taste in music.

You name a song, I've got it," President Obama said. "I've got Jay-Z on there, I got Frank Sinatra on there, Maria Callis..." But when Joy Behar mentioned Justin Bieber, he responded, "I do not have Justin Bieber on there."The interview also tested his pop culture knowledge - the president said he knew Lidnsay Lohan was in jail, but sidestepped a question about Mel Gibson's latest troubles ("I haven't seen a Mel Gibson film in a while") and claimed to not know who Snooki was -- though others have pointed out the president did reference the "Jersey Shore" star in a joke at the White House Correspondent's Dinner back in May.
The president also talked technology, saying that while he has his Blackberry, the 10 people who have his e-mail address are careful what they send him.
"Nobody wants to send me the real juicy stuff," he said. "It's all very official."
His recent vacation with his family in Maine was another topic of conversation - he said it was the "rose," or highlight, of his past month.
"We went on bike rides and hikes," he said. "You know, the girls are getting old enough now where they're not quite teenagers yet, so they still like you. But they're full of opinions and ideas and observations and it's just a great age. Malia just turned 12 and Sasha just turned 9.And it couldn't have been a better couple of days."
Sounds like one of the girls?

President Obama looks comfortable with the women of the view.

Obama: Our first female president

By Kathleen Parker

Wednesday, June 30, 2010

If Bill Clinton was our first black president, as Toni Morrison once proclaimed, then Barack Obama may be our first woman president.

Phew. That was fun. Now, if you'll just keep those hatchets holstered and hear me out.
No, I'm not calling Obama a girlie president. But . . . he may be suffering a rhetorical-testosterone deficit when it comes to dealing with crises, with which he has been richly endowed.

It isn't that he isn't "cowboy" enough, as others have suggested. Aren't we done with that? It is that his approach is feminine in a normative sense. That is, we perceive and appraise him according to cultural expectations, and he's not exactly causing anxiety in Alpha-maledom.

We've come a long way gender-wise. Not so long ago, women would be censured for speaking or writing in public. But cultural expectations are stickier and sludgier than oil. Our enlightened human selves may want to eliminate gender norms, but our lizard brains have a different agenda.
We could say that Obama displays many tropes of femaleness. I say this in the nicest possible way. I don't think that doing things a woman's way is evidence of deficiency but, rather, suggests an evolutionary achievement.

So is President Obama a man's man or a girlie man?

Don't Be Economic Girlie Men!

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Arizona Law: Judge Ignores Rule Of Law

2010-07-28T20:04:00.001-05:00

Federal judge blocks key parts of Arizona immigration law SB 1070

A federal judge in Phoenix on Wednesday blocked key provisions of Arizona's controversial immigration law from taking effect as scheduled Thursday, granting in part an injunction requested by the Obama administration.

U.S. District Judge Susan R. Bolton ruled that the injunction would apply to the portion of the state law that requires police to try to determine the immigration status of a person they arrest, stop or detain while enforcing other laws if they reasonably suspect the person is in the United States illegally.

Bolton said in her 36-page ruling that it was "not in the public interest" for Arizona to enforce provisions that preempt federal enforcement of immigration law.

Also put on hold were parts of the law requiring foreigners to apply for or carry certain documents, making it a state crime for undocumented workers "to solicit, apply for or perform work," and mandating verification of the immigration status of any arrested person prior to release, the ruling said.

Illegal Foreigners don't need to apply.

For example, Section 2(B) of S.B. 1070 states very clearly that:
For any lawful stop, detention or arrest made by [an Arizona] law enforcement official…in the enforcement of any other law or ordinance…where reasonable suspicion exists that the person is an alien and is unlawfully present in the United States, a reasonable effort shall be made…to determine the immigration status of the person, except if the determination may hinder or obstruct an investigation. Any person who is arrested shall have the person’s immigration status determined before the person is released.
This paragraph could not be clearer – the immigration status of individuals who have been arrested for some other crime will only be checked if the officer has a “reasonable suspicion” that they are an illegal alien. Yet the federal judge reads the second sentence of this paragraph without reference to the first as supposedly requiring that the immigration status of all arrestees must be determined, despite Arizona’s claims to the contrary. In other words, she completely ignores the first sentence and then claims that checking the immigration status of all arrestees would be an impermissible burden on the federal government.

Here, Judge Bolton failed to give the State the respect it was due on this issue. Indeed, it is strong evidence of an activist judge straining to find a way to stop a law that she does not like from a policy (not a legal) standpoint. It is also completely contrary to federal law that specifically requires federal officials to “respond to an inquiry by a…State, or local government agency, seeking to verify or ascertain the citizenship or immigration status of any individual.” (8 U.S.C. §1373). How can Judge Bolton rationally conclude that Arizona is placing an impermissible burden on the federal government to respond to citizenship verification requests when federal law mandates that the feds respond to such requests? The judge’s reasoning is foolish – she is treating the Obama administration’s enforcement priorities (or lack of enforcement priorities) as if they are federal law. Arizona’s law does not conflict with federal immigration law, although it may conflict with the Obama administration’s policies. But policy conflicts do not result in federal preemption. Judge Bolton’s reasoning also conflicts with a very recent First Circuit Court of Appeals decision, Estrada v. Rhode Island, that upheld the right of state law enforcement officers to check the immigration status of individuals detained for other reasons such as a traffic stop, as well as other precedents.

Unlikely Supporter of Arizona Immigration Law

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Arizona Immigration law Boycott Fails

2010-07-27T21:25:00.004-05:00

FOXNews.com - Arizona Hotels Thriving Despite Boycotts Over Immigration Law

Arizona's tourism industry has a target on its back, but the widespread boycotts over the state's immigration law might not be hitting the mark.

Recent data compiled by a market research group show hotel bookings across the state -- as well as in tourism hot spots Phoenix and Scottsdale -- have been on the rise the past two months.

The numbers could dispel warnings from local officials that Arizona stands to lose a fortune and dampen the chances that cities and organizations will be able to compel the state to reverse its immigration law by choking its economy with a sanctions-style business boycott.

Fundamentally, the boycotts have been unsuccessful," said Barry Broome, president of the Greater Phoenix Economic Council.

The data from hotel industry research firm STR showed that for the state of Arizona, hotel occupancy was up 5.7 percent in May and up 8.3 percent in June compared with the same time a year ago.

In Phoenix, occupancy was up 10.6 percent in June; in Scottsdale, it was up 10.7 percent for the same period. Revenue also was up, with Arizona hotels raking in $148 million last month -- up more than 11 percent from a year ago.

Protesters in Arizona.

June 02, 2010|By Garrett Therolf and Howard Blume, Los Angeles Times
By a 3-2 vote the board moves to suspend county-funded travel to the state, possibly terminate contracts with Arizona-based companies, and divest the county pension fund of Arizona state and municipal bonds. Residents attending the meeting spoke out on both sides of the issue.

After heated debate, Los Angeles County supervisors voted 3 to 2 Tuesday to boycott Arizona in response to the passage of its controversial illegal immigration law, a decision that came the same day the Los Angeles Unified School District condemned the law.

The boycott suspends county-funded travel to Arizona unless the county's chief executive determines that county interests would be seriously harmed. It also calls for a report within two weeks on how the county might terminate contracts with Arizona-based companies and orders the divestiture of Arizona state and municipal bonds by the county's pension fund.

But some of those campaigns ran into glitches along the way, watering down the impact. Los Angeles exempted from the boycott a contract with an Arizona company that provided its red-light cameras. The Los Angeles City Council also is reportedly considering another exemption for airport taxi company Super Shuttle, based in Arizona.

The council is to discuss whether to allow a $1.13-million, one-year contract extension for Scottsdale-based Blue Van Joint Venture, operator of Super Shuttle, which serves Los Angeles International Airport, according to City News Service.

The red light cameras record traffic violations and are intended to deter people from running red lights, causing potentially fatal accidents. The program earned Los Angeles a reported $6 million in 2009. An expansion of the contract, which expires June 30, would cost the city $2.3 million.

Los Angeles thought by Boycotting Arizona it would hurt them financially. But when it come to money they are the ones who caved.

LA Mayor Backs Arizona Boycott

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Gulf oil spill disappearing by fast-breeding bacterial microbes

2010-07-27T17:59:00.003-05:00

Gulf oil spill: Where has the oil gone? - CSMonitor.com

Since BP capped the renegade Macondo well at the center of the Gulf oil disaster 12 days ago, the oil slick has shrunk to about 10,000 square miles from 80,000 square miles in just a matter of weeks.

The reduction has amazed scientists who are tracking the spill and raised many questions about where all the oil has gone. An 800-vessel skimming fleet that weeks ago pulled in 25,000 barrels of oil a day could barely find 50 barrels a day late last week. That means much of the up to 3 million barrels suspected to be remaining in the Gulf has largely gone off the radar.

It's clear the Gulf is doing what Louisiana State University biologist Ed Overton calls "Mother Nature's work" in breaking down the patchy oil. Oil-eating bacterial microbes are working at a fast pace. But scientists are still unsure of the longer term environmental impact. Many fishermen are convinced that much of the oil is suspended in the water column or has drifted to the bottom, where it's impacting oyster beds, crab herds, and spawning fish schools.

As oil now becomes harder to find, BP is considering whether to shift the Vessels of Opportunity program, a BP initiative that's employed hundreds of out-of-work fishing crews, from oil collection to oil detection missions in order to keep them working.

Nuke the oil spill: Could nuclear bomb be answer for huge leaks as at US Gulf coast?

In the next act of the drama of the Gulf of Mexico oil spill, two of the most important heroes don't look like heroes. They are just thin green stalks, sticking out of grass too wet to stand on. They are cordgrass and wiregrass, common species that wave in the winds in south Louisiana's coastal marshes. Except, in some places, they aren't waving anymore: Where oil has sloshed into the marshes, their stalks are matted and gooey and on their way to death.

Thankfully, this is not wimpy grass.

Scientists say many oiled plants will simply shed dead stalks and put up new ones. If those are killed by another slug of oil, it will put up others.
It's already happening. One recent day, Alexander Kolker of the Louisiana Universities Marine Consortium went out onto the state's Barataria Bay to look at heavily oiled patches of grass. In among the black, he said, there were little spots of green.
New shoots, already pushing up through the oil. Mother nature at work.

Now they can not find the oil slick.

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Unemployment Extension Passed Paid for by the Taxpayers.

2010-07-20T21:34:00.002-05:00

Unemployment Filibuster Broken - ABC News

Boosted by the swearing-in of new West Virginia Sen. Carte Goodwin, the Senate today voted to restore and extend jobless benefits for the long-term unemployed, ending a lengthy stalemate.

By a vote of 60-40 the Senate succeeded in passing the jobless aid measure just minutes after Goodwin formally became a member of the Senate. Democratic Senators in the chamber erupted in applause when Goodwin cast the decisive vote.

For weeks the Senate had been locked in a standoff on helping the nation's jobless, with both parties supporting an extension of the benefits but disagreeing on how to pay for them. Democrats argued that helping 2.5 million unemployed Americans is an emergency as the country rebounds from recession, but Republicans balked at the bill's $34 billion price tag, contending that adding tens of billions of dollars to the government's soaring deficit is fiscally irresponsible.

Republicans failed on four occasions to offset the cost of the bill with funds from the government's massive stimulus program, while Democrats struck out five times in their attempts to pass the measure. Two Republicans -- Maine Sens. Olympia Snowe and Susan Collins -- today sided with Democrats, while Nebraska Democrat Ben Nelson backed the GOP's approach.

Harry Reid knows what is best for you.

Dems refuse compromise to extend unemployment benefits

Democrats have been painting Republicans as unsympathetic to the long-term unemployed who will be unable to collect benefits, but Democratic leaders have rejected several offers by the GOP to vote for the bill if at least some of it is paid for.

"My concern is that the Democrats are more interested in having this issue to demagogue for political gamesmanship than they are in simply passing the benefits extension," said Sen. George Voinovich, R-Ohio, who offered a deal that was rejected by Sen. Majority Leader Harry Reid, D-Nev.

Voinovich told Reid he would vote for extending benefits if at least half of the extension could be paid for with unused money from the $787 billion stimulus package.

After the bill failed, Senate Minority Leader Mitch McConnell, R-Ky., offered a compromise that would extend benefits for two months and pay for it fully with unused stimulus funding. But Reid turned it down.
THE DEMOCRATS WANT THIS AS A POLITICAL TOOL.

Earlier this week President Obama and Senate Majority Leader Harry Reid both blasted Republicans for blocking the jobless help.

"It's time to stop holding workers laid off in this recession hostage to Washington politics. It's time to do what's right, not for the next election, but for the middle class," President Obama said in the Rose Garden. "We've got to stop blocking emergency relief for Americans who are out of work. We've got to extend unemployment insurance."

But the top Senate Republican countered that it was Democrats who were playing political games at the expense of unemployed Americans.

Democrats don't care about the people just the power.

Should Unemployment Benefits be Extended?

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Financial Oversight Reform President Obama what is in it?

2010-07-15T21:16:00.001-05:00

Congress Passes Financial Oversight Reform - NYTimes.com

WASHINGTON — The sweeping expansion of federal financial regulation approved by Congress on Thursday and now headed to President Obama’s desk reflects a renewed mistrust of financial markets after decades in which Washington stood back from Wall Street with wide-eyed admiration.

The bill, heavily promoted by Mr. Obama and Congressional Democrats as a response to the 2008 financial crisis, cleared the Senate by a vote of 60 to 39, largely along party lines, after weeks of wrangling that allowed Democrats to pick up the three Republican votes to ensure passage.

The vote was the culmination of nearly two years of fierce lobbying and intense debate over the appropriate response to the financial excesses that dragged the nation into the worst recession since the Great Depression.

The result is a catalog of repairs and additions to the rusted infrastructure of a regulatory system that has failed to keep pace with the expanding scope and complexity of modern finance.

Place to keep your money

The legislation will be carried out mostly by the same federal workers who were on duty as the financial system collapsed. The new consumer bureau, for example, mostly will be staffed with employees transferred from the consumer divisions of the existing banking regulators.

Administration officials said they were confident that placing those employees under new leadership, and granting them new powers, would produce better results.
It creates a council of federal regulators, led by the Treasury secretary, to coordinate the detection of
risks to the financial system, and it provides new powers to constrain and even dismantle troubled companies.
Democrats divided initially over how to pursue that goal. Some pushed to break apart large banks and curtail risky kinds of trading. Others sought a grander overhaul of federal regulation. The administration’s approach, which prevailed, instead is focused on giving existing regulators additional powers in the hope that they will produce better results.

The legislation is painted in broad strokes, so like actors handed a script, those regulators have broad leeway to shape its meaning and its impact.

This reform will foster that innovation, not hamper it,” Mr. Obama said Thursday.

In the hope that they will produce better results. Sounds like a great law?

FinReg: More Harm Than Good?

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Oil rig leaves the Gulf of Mexico as President Obama claims he is Business Friendly.

2010-07-11T19:17:00.002-05:00

First rig sails away over deep-water drilling ban | Business | Chron.com - Houston Chronicle

WASHINGTON — Diamond Offshore announced Friday that its Ocean Endeavor drilling rig will leave the Gulf of Mexico and move to Egyptian waters immediately — making it the first to abandon the United States in the wake of the BP oil spill and a ban on deep-water drilling.

And the Ocean Endeavor's exodus probably won't be the last, according to oil industry officials and Gulf Coast leaders who warn that other companies eager to find work for the now-idled rigs are considering moving them outside the U.S.

Devon Energy Corp. had been leasing the Endeavor to drill in the same region of the Gulf as BP's leaking Macondo well, which has been gushing crude since a lethal blowout April 20.

But Diamond announced Friday it will lease the rig through June 30, 2011, to Cairo-based Burullus Gas Co., which plans to send the Endeavor to Egyptian waters immediately.

Deep Water Rig

Gibbs defended the moratorium, promising an immediate appeal to the 5th Circuit Court of Appeals.

Gibbs said President Barack Obama believes that until investigations can determine why the spill happened, continued deepwater drilling potentially exposes workers and the environment to "a danger that the president does not believe we can afford."

Obama imposed the moratorium on offshore drilling after the BP oil spill along the Gulf Coast, saying the government rashly concluded that because one rig failed, the others are in immediate danger, too. The Interior Department had halted approval of any new permits for deepwater drilling and suspended drilling of 33 exploratory wells in the Gulf.

Press Secretary Robert Gibbs said President Barack Obama believes strongly that drilling at such depths does not make sense and puts the safety of workers "at a danger that the president does not believe we can afford."

President Barack Obama said he and his administration have pursued a “fundamentally business-friendly” agenda and are “fierce advocates” for the free market, rejecting corporate criticism of his policies. “The irony is, is that on the left we are perceived as being in the pockets of big business; and then on the business side, we are perceived as being anti-business,” Obama said in a
Feb. 9 interview in the Oval Office with Bloomberg BusinessWeek, which will appear on newsstands tomorrow. “You would be hard-pressed to identify a piece of legislation that we have proposed out there that, net, is not good for businesses,” he added. He predicted that legislation he will sign this year would cut corporate taxes by about $70 billion.
“Whether we can get it through Congress is always a question because, as we have seen throughout this year, we have a political process in Washington right now that is a little dysfunctional,” Obama said.

This is one thing I agree with President Obama, "The White House is a little dysfunctional right now".

Obama's Gulf Oil Spill

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Morris; President Obama's next big Economic Crisis.

2010-06-22T22:17:00.002-05:00

The next big economic crisis - TheHill.com

Many say that the situation in Greece is a harbinger of what is coming to the United States. They are right. But first it will come to states like New York, California and Michigan that are stretched way beyond their means and deeply in debt.
Until now, the problems in these states have been papered over by federal aid. Essentially, Washington has relieved these states (and the local governments they fund) of their constitutional obligations to balance their budgets by giving them welfare checks in the nick of time. Obama now seeks to pass $50 billion in additional welfare to the states.
But since these federal funds are not necessarily recurring — and the jobs and obligations they fund are — they simply enlarge each year’s deficit hole and enable the states to go more deeply into the red.

Dick Morris, Says what he means, means why he says.

NY state debt in red zone, should cut $20 billion: study
(Reuters) - The $120 billion that New York state owes in debt, health and pension benefits for public workers puts it in the danger zone, and getting down to the safety zone requires a $20 billion cut, a study said Tuesday

New York's ability to pay its bills was estimated at a ratio of 1.099, meaning that for every dollar of resources it has,
there are $1.099 worth of obligations.

New York's public authorities have over $80 billion in debt that is not backed by state revenues, according to the
state comptroller's most recent analysis, posted on his web site: here

State Debt Woes Grow Too Big to Camouflage

California, New York and other states are showing many of the same signs of debt overload that recently took Greece to the brink — budgets that will not balance, accounting that masks debt, the use of derivatives to plug holes, and armies of retired public workers who are counting on benefits that are proving harder and harder to pay.

And states are responding in sometimes desperate ways, raising concerns that they, too, could face a debt crisis.

Some economists fear the states have a potentially bigger problem than their recession-induced budget woes. If investors become reluctant to buy the states’ debt, the result could be a credit squeeze, not entirely different from the financial strains in Europe, where markets were reluctant to refinance billions in Greek debt.

The state’s economy will also be weighed down by the ballooning federal debt, though California does not have to worry about those payments as much as its taxpaying citizens and businesses do.
You can see this effects all of us. It is time to get off your lazy boy chairs and join the Tea Party or another group and let your voice be heard.

Tackling Californias Mounting Debt

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Happy Meal Toys next Target of the Food Police.
Family income falls 3.2% during Obama's first 15 months.

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San Francisco Mayor puts ban on city employee travel to Arizona

2010-04-27T21:20:00.002-05:00

City Insider : City workers banned from official travel to Arizona

San Francisco Mayor Gavin Newsom announced today a moratorium on official city travel to Arizona after the state enacted a controversial new immigration law that directs local police to arrest those suspected of being in the country illegally.
The ban on city employee travel to Arizona takes effect immediately, although there are some exceptions, including for law enforcement officials investigating a crime, officials said. It's unclear how many planned trips by city workers will be curtailed.
The move comes amid a cascade of criticism of Arizona's law, which has been denounced by civil rights groups, some police officials and President Obama, who said it threatens to "undermine basic notions of fairness that we cherish as Americans." Legal challenges are being weighed to overturn it.

San Francisco Mayor Gavin Newsom

The ban on city employee travel to Arizona takes effect immediately. If you deify the Mayor and go to Arizona will ypu get fired? More evidence that the Government want to take away your rights and run your life.

Supervisor David Campos and City Attorney Dennis Herrera have called for a boycott of Arizona and businesses based there. If the resolution passes, Herrera will try to identify contracts with Arizona companies that could be legally terminated.

When another state interferes with another state because of it's laws it wrong. Last time this happened we had a civil war.

If the Illegals don't like the laws of Arizona they can move to California.

Arizona SB 1070 Protest Organizers Threaten And Intimidate Photographer - Part 1

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Happy Meal Toys next Target of the Food Police.

2010-04-27T20:26:00.001-05:00

Happy Meal toys could be banned in Santa Clara County - latimes.com

The latest target in the battle over fast food is something you shouldn't even put in your mouth.

Convinced that Happy Meals and other food promotions aimed at children could make kids fat as well as happy, county officials in Silicon Valley are poised to outlaw the little toys that often come with high-calorie offerings.

The proposed ban is the latest in a growing string of efforts to change the types of foods aimed at youngsters and the way they are cooked and sold. Across the nation, cities, states and school boards have taken aim at excessive sugar, salt and certain types of fats.

Believed to be the first of its kind in the nation, the proposal would forbid the inclusion of a toy in any restaurant meal that has more than 485 calories, more than 600 mg of salt or high amounts of sugar or fat. In the case of McDonald's, the limits would include all of the chain's Happy Meals — even those that include apple sticks instead of French fries.

McDonald's Happy Meal bad for children.

Ken Yeager, the Santa Clara County supervisor who is behind the effort, says the toys in kids' meals are contributing to America's obesity epidemic by encouraging children to eat unhealthful, fattening foods.

First the clown, now the toys. What is next?
"This clown is no friend to our children or their health," said Deborah Lapidus of Corporate Accountability International, a group that sponsored the poll and protests outside McDonald's around the country.
"He is a deep-fried Joe Camel for the 21st century," she said.
Many of those surveyed had favorable feelings about red-headed Ronald, yet 47% thought it was time for him to go.
So now the Government wants to run your life since you can't runs yours or your kids.

Joe Camel
Daily smoking rates began increasing steadily again in 1988, the same year R.J. Reynolds introduced Joe Camel in its advertising for Camel cigarettes, the CDC said.
"After Joe Camel was introduced, then the promotional-type strategies kicked in," rewarding
smokers with coupons and trinkets that encouraged them to buy more cigarettes, Giovino said. "A lot of parents weren't aware of Camel cash and that stuff, but kids were."
Joe Camel was retired last year, after critics including President Clinton said the character was
a blatant example of cigarette marketing aimed at children.
Despite laws designed to keep cigarettes away from kids, 34 percent of U.S. high school students and 15 percent of middle school students use tobacco products, government health officials say.

Those figures mean more than 3 million kids between the ages of 12 and 17 are lighting up, according to
the national survey by the Centers for Disease Control's Office of Smoking and Health.
Joe is gone and teens are still smoking.

Ronald and the toys will be gone and kids will still be eating Happy Meals.

Just more Government control and less personal freedom.

Should Ronald McDonald Retire? The liberals want to run your life.

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Al Sharpton willing to commit civil disobedience in Arizona.

2010-04-26T20:01:00.002-05:00

Sharpton vows to protest Arizona immigration bill

The Rev. Al Sharpton says he's ready to travel to Arizona and march in the streets to protest the state's new immigration law.

Sharpton joined Lillian Rodriguez Lopez from the Hispanic Federation in New York City on Sunday to speak out against the law. They say activists are prepared to commit civil disobedience to fight it.

Rev Al Sharpton protesting.

The Rev. Al Sharpton has incited civil disobedience in the past.

TAWANA BRAWLEY RAPE ALLEGATIONS

Tawana Brawley (born 1972) is an African American woman from Wappinger, New York. In 1987, at the age of 15, she received national media attention in the US for accusing six white men, some of whom were police officers, of having raped her. Sharpton generated a national media sensation. Claimed officials all the way up to the state government were trying to cover up defendants in the case because they were white. Specifically, they named Steven Pagones, an Assistant District Attorney in Dutchess County, as one of the rapists, and a racist, among other accusations.

Brawley claimed she had been repeatedly raped by a group of white men but could provide no names or descriptions of her assailants. She later told others that there had been no rape, only other kinds of sexual abuse. Forensic tests found no evidence that a sexual assault of any kind had occurred. There was no evidence of exposure to elements, which would be expected in a victim held for several days in the woods at a time when the temperature dropped below freezing at night.

In 1998, Pagones was awarded $345,000 (he sought $395 million) through a lawsuit for defamation of character that he had brought against Sharpton, Maddox and Mason. The jury found Sharpton liable for making seven defamatory statements about Pagones. The $65,000 portion of the judgment assigned to Al Sharpton was paid for him in 2001 by supporters.

CROWN HEIGHTS RIOT

The Crown Heights Riot was a three-day riot that occurred in August 1991 in the Crown Heights neighborhood in the New York City borough of Brooklyn. The riots began on August 19, 1991 after the child of two Guyanese immigrants was accidentally struck by an automobile in the motorcade of
a prominent Hasidic rabbi.

In his eulogy at the funeral, the Rev. Al Sharpton made comments about "diamond dealers" and commented "it's an accident to allow an apartheid ambulance service in the middle of Crown Heights." In addition, a banner displayed at the funeral read "Hitler did not do the job".

For three days following the accident, numerous African Americans and Caribbean Americans of the neighborhood, joined by growing numbers of non-residents, rioted in Crown Heights. In the rioting of the ensuing three days, many of the rioters "did not even live in Crown Heights."

On June 11, 1992, after the Anti-Defamation League accused Sharpton of helping to incite anti-Semitism in the Crown Heights conflict, Sharpton scoffed, "You don't even have a direct quote from me that anyone can call anti-Semitic." Sharpton has also reminded people that he never participated in the looting and riots that followed Cato's death. In a June 29, 2003, Washington Post article, however, Sharpton took a more apologetic stance: When questioned about his past abrasive comments (which included calling blacks who disagreed with him "yellow niggers"), he said, "I've grown … I'm not as brash. There are ways I look at life now that I would not have when I was a younger man from the ghetto."

DUKE UNIVERSITY STUDENTS RAPE ACCUSATION CASE

Crystal Gail Mangum, a black student at North Carolina Central University who worked as a dancer and escort, falsely accused three white Duke University students, members of the Duke Blue Devils men's lacrosse team, of raping her at a party held at the house of two team's captains in Durham, North Carolina, USA on March 13, 2006.

BILL O'REILLY, HOST: Two Duke lacrosse players have been arrested and charged with rape among other violent crimes. They are free on $400,000 bail. As you may know, the students attended a party where a stripper hired by the lacrosse team said she was raped. With us now civil rights activist Reverend Al Sharpton. Is this a racial issue?

REV. AL SHARPTON, CIVIL RIGHTS ACTIVIST:

I think that there are certainly a lot of racial factors. Whether it is directly in the case, we'll see, because some reports said that there was racial language used. But I think that when you look at the racial atmosphere, when you look at the fact that there again were the allegations of racial statements, when you look at a lot of people feeling that they have been treated differently, where this girl has basically had a character charged in the media, there is a lot of racism that's in the air. Having said that, I commend a lot of the blacks and whites who stood vigil and to come together in that community to stand up for this girl. So I think in the midst of this, there is some good.

O'REILLY: Why are we standing up for the girl if there is the possibility, based upon evidence, that the girl may have fabricated the story? Why don't we all pull back and let the authorities investigate and let the legal system work?

SHARPTON: Well, first of all, the authorities have charged there was a crime, so they are not saying that at all. Second of all, people on any side of an argument have the ride to advocate on behalf of who they believe. Thirdly, I think that when the prosecutors went forward, they clearly have said this girl is the victim, so why would we be trying the victim and not the...

Under every rock and behind every tree Rev. Al Sharpton is looking for a racist. Now he is going to Arizona and looking for more racist. Hay Al, just look in the mirror.

Bill O'Reilly And Rev. Al Sharpton On "Racism" Over Health Care Bill !!!

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Immigration President Obama against Arizona Voters.

2010-04-24T18:52:00.002-05:00

70% of Arizona Voters Favor New State Measure Cracking Down On Illegal Immigration - Rasmussen Reports™

The Arizona legislature has now passed the toughest measure against illegal immigration in the country, authorizing local police to stop and check the immigration status of anyone they suspect of being in the country illegally.

A new Rasmussen Reports telephone survey finds that 70% of likely voters in Arizona approve of the legislation, while just 23% oppose it.

Eighty-four percent (84%) of Arizona Republicans and 69% of voters not affiliated with either major party in the state favor the new get-tough legislation. Democrats are more closely divided: 51% like the new law, but 43% oppose it.

Illegals waiting for Obama's promises.

President Obama said, "Our failure to act responsibly at the federal level will only open the door to irresponsibility by others," That includes, for example, the recent efforts in Arizona, which threatened to undermine basic notions of fairness that we cherish as Americans, as well as the
trust between police and their communities that is so crucial to keeping us safe."

So what President Obama is saying the recent efforts in Arizona is irresponsibility.

Obama said the administration will "closely monitor the situation (Arizona) and examine the civil rights (illegal immigrants) and other implications of this legislation."

With 70% of Arizona approval of the new law, President Obama again is going against the people.

Barack Obama: Immigration. He doesn't believe in sending any illegal immigrants back home.
If you can't send them all back, than leave the pot smokers alone. You can't arrest them all.

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Family income falls 3.2% during Obama's first 15 months.

2010-04-12T22:32:00.001-05:00

Income falls 3.2% during Obama's term - Washington Times

Real personal income for Americans - excluding government payouts such as Social Security - has fallen by 3.2 percent since President Obama took office in January 2009, according to the Commerce Department's Bureau of Economic Analysis.

For comparison, real personal income during the first 15 months in office for President George W. Bush, who inherited a milder recession from his predecessor, dropped 0.4 percent. Income excluding government payouts increased 12.7 percent during Mr. Bush's eight years in office.

"This is hardly surprising," said Douglas Holtz-Eakin, an economist and former director of the nonpartisan Congressional Budget Office. "Under President Obama, only federal spending is going up; jobs, business startups, and incomes are all down. It is proof that the government can't spend its way to prosperity."

Construction slowdown

Two of the most populous states in the country reported dramatic declines: Per capita income in California dropped 3.5 percent to $42,325; in New York, the drop was 3.8 percent to $46,957.
"The evidence from New York and California reinforces a basic lesson: Where government gets too large, prosperity suffers. Let's hope that the Congress learns this lesson before it is too late for the country as a whole."
On the campaign trail, Mr. Obama often derided Mr. Bush for what he said were dramatically falling incomes for workers.
"American families, since George Bush has been in office, have seen average family incomes go down $2,000," Mr. Obama said in a September 2008 speech on the economy in Green Bay, Wis.
And now with all the Federal spending under President Obama, family income is still falling. And all President Obama wants to do is spend, spend, spend your money. Your children's and grand children's money.

1/24/09: I will be transparent and you can hold my administration accountable.

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Sarah Palin's Tea Party Address

2010-02-07T11:58:00.001-06:00

Sarah Palin: 'Tea party' activists gather to hail their champion at first national gathering | Mail Online

Activists of the grassroots Tea Party phenomenon which exploded in reaction to Barack Obama's economic policies are gathering for their first national meeting.

Tonight Sarah Palin will speak to the 600 members gathered at the Gaylord resort in Nashville many of who see her as the right person to fly the flag for their limited-government, low-tax, freedom-fighting programme.

In Full: Palin's Tea Party Speech

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Real change

Obama presures Congress for jobs bill as Stimulus program fails.

2010-01-31T15:07:00.001-06:00

Latest Stimulus Report Fuels Jobs Pressure - WSJ.com

Recipients of economic-stimulus money said they had used the funds to pay 599,108 workers in the last quarter of 2009, fewer than the number of jobs they had reported to have created or saved in the first seven months after the plan was enacted.

The recipients' reports, published on the official government Web site recovery.gov late Saturday night, are likely to fuel further controversy over the impact of the $787 billion package, as Democrats seek to craft new jobs-creation proposals to address the country's continued, high jobless rate.

Many opinion polls suggest that most voters do not believe the current stimulus program, which was passed last February, is working.

Stimulus recipients previously reported that they had directly "created or saved" 640,329 jobs by September 30, 2009, but their filings were widely criticized after it emerged that some people had reported saving jobs when they had actually spent the money on pay raises or paying employees who were not in danger of being laid off.

Change you can believe in.

The White House Council of Economic Advisers has estimated that the plan has kept between 1.5 million and two million jobs in the economy through the end of 2009. In his State of the Union address to Congress last week, President Barack Obama said that "because of the steps we took, there are about two million Americans working right now who would otherwise be unemployed." A White House spokeswoman didn't immediately respond to a request for comment.

On Feb. 11, 2009, Congress gave final approval to a $787 billion stimulus package requested by President Obama that was meant to bolster an economy that had been contracting rapidly in the wake of the credit crisis of the previous fall.

The bill had been bitterly resisted by Republicans — none voted for the measure in the House and only three did in the Senate — and several Republican governors, including Sarah Palin of Alaska and Mark Sanford of South Carolina, sought unsuccessfully to refuse some of the money sent their way. Conservative protestors regularly cited the bill's price tag as a sign that the Obama administration was running up unaffordable debt and was devoted to big government.
The economy grew at an annual rate of 5.7 percent in the fourth quarter of 2009. But well over half of that growth came from large adjustments to business inventories that are unlikely to be repeated on a similar scale in the months to come. As such, they are evidence that the sick economy is recovering, not that it is healthy.
Another chunk of growth was due to government stimulus spending, which will wane in 2010. Much of the recent upsurge in business purchases of equipment and software was likely due to a rush to take advantage of an investment tax break before it expired in December.
Unfortunately, with the economy already some 10 million jobs short, there is no job growth on the horizon robust enough to set that upward spiral in motion. And because the economy is already in such a deep hole, a second leg down would mean ever worsening hardship.
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Stimulus Report Accurate?

President Obama lied Promises to limit no bid Contracts.

2010-01-31T08:23:00.001-06:00

FOXNews.com - Obama Administration Steers Lucrative No-Bid Contract for Afghan Work to Dem Donor

Despite President Obama's long history of criticizing the Bush administration for "sweetheart deals" with favored contractors, the Obama administration this month awarded a $25 million federal contract for work in Afghanistan to a company owned by a Democratic campaign contributor without entertaining competitive bids, Fox News has learned.

The contract, awarded on Jan. 4 to Checchi & Company Consulting, Inc., a Washington-based firm owned by economist and Democratic donor Vincent V. Checchi, will pay the firm $24,673,427 to provide "rule of law stabilization services" in war-torn Afghanistan.

"That's kind of weird," said another source, who has worked on "rule of law" issues in both Afghanistan and Iraq, about the no-bid contract to Checchi & Company. "There's lots of companies and non-governmental organizations that do this sort of work."

"I think the administration should explain what the decision was based on, and why a no-bid contract was given in this case, particularly given that Mr. Obama came in on a pledge of 'no more no-bid contracts,'" said Melanie Sloan, executive director of Citizens for Responsibility and Ethics in Washington.

Obama promises

Less than a year ago President Obama ordered an overhaul of the way the US government awards defense and other contracts, saying that more competition is needed to drive down costs and declaring that "the days of giving government contractors a blank check are over."

Obama joined Senator John McCain, his Republican presidential campaign rival, and other congressional figures to promise taxpayers savings of as much as $40 billion a year, in part by limiting no-bid contracts.

Even in good economic times, contracting reform would be overdue in Washington, Obama said, but with the recession, "It's time for this waste and inefficiency to end. It's time for a government that only invests in what works."

The new administration argued that its Republican predecessor's spending on goods and services increased from $200 billion in 2000 to more than $500 billion in 2008.

Just another lie.

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Obama on no-bid contracts

US economy rebounds growth dismal and poor.

2010-01-30T18:33:00.002-06:00

Roubini Calls U.S. Growth ‘Dismal and Poor,’ Predicts Slowing - Bloomberg.com

New York University Professor Nouriel Roubini, who anticipated the financial crisis, called the fourth quarter surge in U.S. economic growth “very dismal and poor” because it relied on temporary factors.
Roubini said more than half of the 5.7 percent expansion reported yesterday by the government was related to a replenishing of inventories and that consumption depended on monetary and fiscal stimulus. As these forces ebb, growth will slow to just 1.5 percent in the second half of 2010, he said.
“The headline number will look large and big, but actually when you dissect it, it’s very dismal and poor,” Roubini told Bloomberg Television in an interview at the World Economic Forum’s annual meeting in Davos, Switzerland. “I think we are in trouble.”

Saving every nickel and dime.

Payrolls fell by 85,000 last month after a 4,000 gain in November that was the first increase in almost two years. The U.S. has lost 7.2 million jobs since the start of the recession in December 2007, the most of any slowdown in the post-World War II era. The jobless rate held at 10 percent in December.
“Both consumers and businesses are beginning to increase spending. To get validation, we need to see a return in hiring, which we think we are going to get over the next few months.”
Obama this week said job creation will be the “number one focus in 2010.” Speaking during his first State of the Union address, Obama called on Congress to deliver a new jobs bill to his desk.
President Barack Obama has embraced a contradiction. He wants both a freeze of a lot of discretionary spending and a new “jobs” bill — which is made up entirely of new discretionary spending.
Before the House of Representatives’ recess last year, it passed, by a narrow 217-212 vote, a $155 billion stimulus bill to fund more “shovel-ready” projects and jobs for state and local government bureaucracies. Its passage raised a serious question that still must be answered. The $700-plus billion stimulus package that was passed in February has proved a failure in just about every way a piece of legislation can fail. Why continue on with a second stimulus or a new jobs bill?
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The U.S. Economy is Unsustainable

China snubs President Obama and Hillary Clinton in Copenhagen.

2009-12-19T08:51:00.003-06:00

China's delaying tactics threaten climate deal - Climate Change, Environment - The Independent

China is attempting to scupper chances of a comprehenive agreement at the Copenhagen climate summit by using delaying tactics, sources inside the negotiations have told The Independent.

At an emergency meeting convened at the Bella Center this morning, Barack Obama and Gordon Brown assembled 26 heads of state in an attempt to revive a deal. But China's Premier Wen Jiabao did not attend and was replaced by vice foreign minister He Yafei.

This afternoon, the US president and his secretary of state Hillary Clinton called another meeting with China, but were snubbed again when only three low-level Chinese delegates arrived.

President Obama pleading his case to China's Premier Wen Jiaba.

President Obama clearly regarded Premier Wen’s absence as a major diplomatic insult, and snapped: “It would be nice to negotiate with somebody who can make political decisions.”

UK diplomatic sources later confirmed that China had taken huge offence at remarks by President Obama over the need to independently monitor every country carbon emissions. In his speech President Obama said: "Without any accountability, any agreement would be empty words on a page". The Chinese
delegation interpreted these comments as an attempt to humiliate them. It prompted Prime Minister Wen Jiabao to return to his hotel and send low level delegates to take his place in the talks.

In Copenhagen, joined by 20 other members of Congress, Pelosi was on message, announcing that the visit is really meant to create jobs.

"We see Copenhagen as a meeting about job creation," Pelosi said. "How do we move forward to create millions of clean energy jobs and new technologies to keep America No. 1?"

The jobs bill passed late Wednesday on a 217-212 vote, with no Republicans voting for the plan. The Senate won't take up jobs legislation until next year. With unemployment high it seems certain that some form of the bill will soon make it to the desk of President Barack Obama.

The jobs bill is a political no brainer. The $154 billion package will stimulate the labor market and provide needed jobs; jobs that will help the Democrats retain their control in the House and the Senate.

Good question Nancy "How do we create millions of clean energy jobs." How many green jobs do we have now and what is classified as a green job. And if $787 billion didn't create any new jobs how will $154 billion?

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Obama Snubs Dalai Lama (The Tibetian Monk) For Favors From China !!!

World leaders fall short on climate change deal in Copenhagen.

2009-12-18T20:59:00.002-06:00

World leaders reach deal on climate change in Copenhagen - washingtonpost.com

COPENHAGEN -- President Obama said Friday night that an international deal to combat climate change had been reached, but "it is going to be very hard, and it's going to take some time" to get to a legally binding treaty.

"Today, we've made a meaningful and unprecedented breakthrough here in Copenhagen," Obama said.
The agreement, which appeared to fall short of even modest expectations for the talks, has not been endorsed yet by the full summit.

The official, speaking earlier on condition of anonymity, said a "meaningful agreement was reached" following a multilateral meeting between Obama and the leaders of China, India and South Africa. "It's not sufficient to combat the threat of climate change, but it's an important first step," the official said.

System change not climate change.

Obama said.
"Today, we've made a meaningful and unprecedented breakthrough here in Copenhagen," even though the agreement, which appeared to fall short of even modest expectations for the talks, has not been endorsed yet by the full summit. "It's not sufficient to combat the threat of climate change, but it's an important first step,"

Obama admitted the commitments fell far short of what scientists have said is required to avert dangerous climate change. "We know they will not be sufficient, by themselves, to get to where we need to be by 2050," the president said. "Kyoto was legally binding, and everyone still fell short anyway."

"It will not be legally binding, but what it will do is allow for eachcountry to show to the world what they're doing, and there will be a sense on the part of each country that we're in this together, and
we'll know who is meeting and who's not meeting the mutual obligations that have been set forth."

However, the emerging deal - which needs to be accepted by all of the 193 nations at the talks - received a mixed reaction.
Lumumba Stanislaus Di-Aping, speaking on behalf of the G77-China group of nations, reacted angrily to the developments, saying that a deal had been done behind their backs.

"Gross violations have been committed today - against the poor, against traditions of transparency and participation on an equal footing by all nations, and against common sense," he said.
A number of nations are reportedly not willing to accept the latest draft of the document, known as the "Copenhagen Accord".
Reacting to the Copenhagen "deal", John Sauven, executive director of Greenpeace UK, said: "The city of Copenhagen is a crime scene tonight, with the guilty men and women fleeing to the airport.
So Copenhagen was a bust. Two weeks of wasted time with nothing getting done. Even this last minute secret Obama deal, done in the dark of night, no one is happy with. And will not be a deal until 193 nations sign the accord.

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Proud Flag-Waving Communists and Socialists March in Copenhagen to Stop Global Warming

Bank of America trying to get Government Obama off it's back.

2009-12-07T21:28:00.002-06:00

Bank of America says it's paying back $45 billion in government loans - CharlotteObserver.com

Bank of America said Wednesday evening it is set to repay all of its $45 billion in government aid, a step that helps remove the stigma of being a bailout recipient and dials back government scrutiny of its operations.

The Charlotte bank had been eager to pay back the money for months, but it needed the approval of government regulators. The move allows departing chief executive Ken Lewis to remove a major blot on his legacy, and it potentially makes it easier for the company to find his replacement.

The U.S. Treasury said the repayment means Bank of America will be freed from executive compensation restrictions imposed by pay czar Ken Feinberg, which have made it tougher to attract a new CEO. Feinberg also will have no say on the final total compensation and pension for Lewis.

Czar Ken Feinberg puts ball and chain on business CEO's

No one wants the banks CEO's job with czar Ken Feinberg restrictions on the CEO's pay. With Lewis leaving at year's end, and why should he stay with the little CEO's pay, Bank of America needs to remove those restrictions. The bank received approval to return the TARP money after negotiations with regulators heated up in recent weeks. Chief risk officer Greg Curl, who is considered an internal CEO candidate, spearheaded the talks.

Kenneth Feinberg, the U.S. paymaster for rescued companies, will exempt some executives at American
International Group Inc. from a $500,000 salary cap after at least five employees threatened to quit because of the limits, people familiar with the matter said.

Feinberg may issue a ruling as early as next week on pay limits for 75 of the bailed-out insurer’s executives, the people said. Last week, five executives said they were prepared to resign if their compensation was significantly cut.

The compensation ruling could mean that some AIG executives among the 75 may earn bigger salaries than those in a group that Feinberg ruled on six weeks ago, who were previously the highest-paid employees. The $500,000 limit has so far applied to everyone at New York-based AIG except Chief Executive Officer Robert Benmosche, who has a $7 million salary.

American International Group Inc. Chief Executive Officer Robert Benmosche told the company’s
board that he is considering resigning from the job he’s held for three months, the Wall Street Journal reported, citing people familiar with the situation.

The CEO is chafing under constraints imposed by AIG’s government overseers, in particular a recent compensation review by Kenneth Feinberg, the special master on pay in U.S. PresidentBarack Obama’s administration, according to the people.

Benmosche, who started in August after his predecessor Edward Liddy quit in May, is seeking to halt the departure of customers and employees so he can build up units to sell in order to repay loans included in AIG’s $182.3 billion bailout. New York-based AIG is among firms Feinberg ordered to slash pay.

U.S. President Barack Obama’s administration will destroy our banking business!

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FOX News Interview - Exec. Pay, Pay Czar

Senator Webb takes on President Obama about action in Copenhagen.

2009-12-07T18:15:00.002-06:00

Webb warns Obama on taking action in Copenhagen - Water Cooler - Washington Times

Dear Mr. President:
I would like to express my concern regarding reports that the Administration may believe it has the unilateral power to commit the government of the United States to certain standards that may be agreed upon at the upcoming United Nations Framework Convention on Climate Change Conference of Parties 15 in Copenhagen, Denmark. The phrase “politically binding” has been used.
Although details have not been made available, recent statements by Special Envoy on Climate Change Todd Stern indicate that negotiators may be intending to commit the United States to a nationwide emission reduction program. As you well know from your time in the Senate, only specific legislation agreed upon in the Congress, or a treaty ratified by the Senate, could actually create such a commitment on behalf of our country.
I would very much appreciate having this matter clarified in advance of the Copenhagen meetings.
Sincerely,
Jim Webb
United States Senator

Barack Obama backed Jim Webb

Senator Webb's office told the Washington Times Water Cooler the president has not replied back in writing, and the decision to write the president a letter on this issue comes from Mr. Webb's concern
about issues of constitutional checks and balances.

A spokeswoman for Mr. Webb said, "If we're going to make binding commitments, the Senate needs to be an obligatory player in that process." The spokeswoman also noted Mr. Webb's concern with the
vague commitment from China and India on the issue of cap and trade.
It said the president believed recent progress included the emissions reduction target announced by the US; China and India setting targets for the first time to reduce their carbon intensity and moves by
members of the Commonwealth.
The White House said the president had discussed the state of the negotiations with Australian Prime Minister Kevin Rudd, German Chancellor Angela Merkel, French President Nicolas Sarkozy and British
Prime Minister Gordon Brown.
He concluded there appeared to be growing support for the suggested $10bn annual fund to help developing countries deal with climate change.
The White House said the US would pay its "fair share".
Looks like King Obama just likes to spend and give our money away.

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NASA'S giss Dr. Hansen global warming blunder.

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Is Obama Poised to Cede US Sovereignty?