Historical Video from Peter Schiff

This video, shot on November 13, 2006, is 73 minutes long but well worth it. Peter Schiff made some brilliant common sense predictions about what was to happen in the coming years ... and much has come true!

Brilliant Sarcasm from the Texas Gents

Obama's Promises vs. Reality

Socialist America Gives Bad Advice to Capitalist China

You might think that I mixed up the words of the Subject heading, but it's actually correct. 50 years ago, if someone said that, they would have been deemed insane.

The Law of Unintended Consequences

There's an old adage, "Be careful what you wish for." Too bad for the newspaper and TV journalists that they did not heed this wise advice. The vast majority of them clearly wanted Barack Obama to win. More than a few of them shelved their journalistic ethics in order to push their guy over the top. That's not speculation, that's a fact.

Just a few months later, it appears that many of them are going to lose their jobs, directly because of Obama's policies. Kate McMillan, at SDA, explains why.

Absolutely delicious irony. Too bad so many are going to be hurt by their shortsightedness though.

The Forthcoming [Fraudulent] Global Warming Tax

The Telegraph has published a very informative article regarding the actual costs of upcoming Cap & Trade programs (read "taxes") in both the UK and the USA. Current estimates are as follows:

• UK: £760 per household every year for four decades
• USA: $4,500 per household every year (duration not provided)

Talk about kicking a person when they're down! This is the full intent of Gordon Brown and Barack Obama toward their citizens.

And remember, this is all to "fight" a "problem" that a growing number of skeptics say does not exist. Gordon Brown, who has come close to bankrupting Britain during his reign as the Exchequer and now as the Prime Minister, clearly DOES NOT CARE. Watch for Barack Obama to leave a very similar legacy. :-(

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Update: Later in the day I discovered that Lord Christopher Monckton discussed this very subject with Roy Green. You can listen to it here, beginning at 6:00.

Mark Steyn [Rightfully] Mocks the New Stimulus Programs

The Left's greatest fantasies are quickly becoming reality in America. Mark Steyn slices & dices the absolute bureaucratic stupidity that is Obama's America. Here's a snippet:

Ever since last November, many Americans have been ready for free health care, free day care, free college, free mortgages – and, once you get a taste for that, it's hardly surprising you're not ready for gainful employment.

Common Sense Prevails in California!

California voters have resoundingly sent a message to the legislators in Sacramento. Governor Arnold Schwarzenegger says he's listening. Only time will tell if any of them truly are!

Here are the results from yesterday's 6 proposition votes:

Proposition 1A

Proposition 1B

Proposition 1C

Proposition 1D

Proposition 1E

Proposition 1F

To see how completely out of touch most newspapers are, look at this chart provided by Veronique de Rugy:

Peter Schiff's Video Blog

There was one especially profound thing he said:
"In America we have to figure out how to turn all of our malls and shopping centers into factories."

The National Debt Road Trip

Barack Obama's Drop in the Bucket

More Smoke & Mirrors in DC

Peter Schiff cuts through Obama's illusions and expresses some common-sense advice:

Michael Bryant: Ontario's Chief Pickpocket!

If you want to see how arrogant (and incompetent) the Ontario government has become then look no further than this and this.

California: The Canary in the Liberal Mineshaft

George Will has written a stunning article, showing precisely what has gone wrong with California's economy. Headed by a RINO governor and ultra-leftist congress, the state is a perfect example of where Barack Obama & Nancy Pelosi & Harry Reid will be taking the entire United States. Simply put, the private sector can not afford to support a public sector that grows too large. Here's a telling snippet from Will's article:

The state's crisis has been caused by "moderation," understood as splitting the difference between extreme liberalism and hyperliberalism, a "reasonableness" that merely moderates the speed at which the ever-expanding public sector suffocates the private sector. California has become liberalism's laboratory, in which the case for fiscal conservatism is being confirmed. The state is a slow learner and hence will remain a drag on the nation's economy.

Barack Obama's Mystifying Monetary Magic Trick

Comments on the video page indicate that the math is wrong. This prompted me to double-check it and in fact, the MATH IS CORRECT!

Here's another way to look at it:

Budget: $3,520,000,000,000 which is represented by 8,800 pennies in the video

$3.52 Trillion / $100 Million = 35,200

8,800 pennies / 0.25 pennies = 35,200

The ratios are identical and thus the math and the video are absolutely correct!

I hope everyone now understands:

1. What incredible trouble America is in financially (from most all politicians).
2. How much further into debt Obama is taking the country.
   

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To look at it another way, imagine a friend of yours explained that he had let his credit card spending get way out of control and he needed a $10,000 loan from you to make ends meet for a few months. You thought about it for a while and then demanded to know what spending cuts he was prepared to make over the next year to show you that he was truly serious about getting his financial house in order.

If your friend acted in the same way as the Obama Administration, the following chart shows what spending cuts he'd be willing to make over the next year. Five different salaries are provided to account for different wage earners:

If that's all he was prepared to cut,
would you still give him the loan?

The Real Face of the Obama Administration

This story caught my attention. There's MUCH MORE to this story which has not yet been mentioned. Please do yourself a favour and download this podcast. Then tune to 54:00 and listen. Listen carefully.

What you'll hear is Mark Levin replay a segment from a Detroit radio station where a lawyer working on behalf of the financial lenders to Chrysler describes the Backroom Thugocracy that is the Obama Administration.

Just imagine that you lent, in good faith, a bunch of money to a company. And part of the terms of your loan were that you would be paid back first. Then one day the government comes along and threatens to attack you via the media, which they have de facto control over.

Do you think that's legal? Do you think it's remotely ethical?

A final point to consider: Hedge funds often represent the pensions of large unions. So if you still support Obama on this issue then make no mistake that you are condemning hundreds of thousands of teachers and other union members to certain financial hardship.

The Real Fat Cats of the Auto Industry

This a must read to understand why the Big 3 Automakers are in so much trouble.

Some Timely Wisdom from Bernie Marcus

"Barney Frank would love to kill every entrepreneur out there." - Bernie Marcus, co-founder of Home Depot

Trying to Have a Discussion with a Member of the Radical Left

I strongly encourage you to visit this discussion thread on SDA. Scroll down a bit (or search) and find the entries by a Radical Leftist who goes by the moniker of 'philboy'. You'll then get a quick education on what it is like to try to debate folks of his ilk these days. Might remind you of Susan Roesgen! Shown below is the comment I left.

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Lessons learned from 'philboy' today:

1. Anyone who has a view different from him is a "rightwing nut".

2. Anyone who dares disagreeing with putting a nation deeply into debt is a mindless twit, controlled by the likes of Fox News.

3. Anyone who dares ask him any serious question doesn't deserve any semblance of a serious response.

What a way to run one's life!

His hate-filled views remind me of what happened last December when I went down to Library Square in Vancouver to protest against the Coalition. The event was organized on Facebook by two young fellows in Ontario. Conservative Party members were there to be sure, but there were a lot more of us who didn't belong to any political party. Many of the signs were homemade ones, not a mass of pre-printed ones as were predominately seen on the pro-Coalition / Union rallies.

Yet, a few people like 'philboy' were also there at Library Square and refused to accept that any of us could possibly independently hold the views that we did. Instead, it was (and remains) simpler to just dismiss us as Harper (and now Fox News) mindless minions. Technically this is not preventing our right to free speech but by dismissing one's opponents in such a manner, it's effectively & precisely the same thing.

'philboy' is just the latest in a long line of intellectual thugs on the Left who claim they're "open minded" . . . but only if you happen to agree with their views. Beyond pathetic.

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Comment from a female professor in Ontario:

philboy - before you come to a conclusion, be sure your facts are accurate.

First, the Tea Parties were not started by FOX; they were totally and completely grassroots. You can't ignore the power of the Internet in our modern world for its communicative networking. FOX then picked up on these local initiatives and certainly promoted and publicized them. They were, after all, newsworthy.

Nor were they bound to any political party; they weren't Republican. In fact, quite a number of Republicans were strongly criticized by these Tea Parties for being part of that growing expansion of government programs, the growing intrusion of government into private business, the increasing taxes to fund these 'social welfare programs.

Nor were these Tea Parties about 'entitlements to special interests'.

I don't think you paid much attention to the speeches, the signs, the comments made by people engaged in those Tea Parties. They were about the massive increase in government socialist programs, the concomitant increase in taxes to fund these programs, the trillion dollar deficit spending, the increased govt intrusion into business affairs, the notion that taxpayers should pay for the homes and services of people who don't work, the lack of accountability of Congress (didn't you read the signs that said: "READ the bill before you Sign it".

So - you still haven't told me why you consider the Tea Parties worthy of derision. How about it, philboy? Try again.

Nor have you explained how my views are 'crackpot'.

It's untrue that one can apply a 'trite crackpot analysis' to anyone and come up with a narcissist conclusion. Again - how is my analysis 'crackpot'..as well as trite?

philboy, it's easy to fling derogatory terms around. How about some actual data and reasoned analysis to substantiate your opinions?

Posted by: ET at April 19, 2009 4:03 PM

Susan Roesgen: Poster Girl for Unethical Journalism

Susan Roesgen is a "reporter" for CNN. With all due respect that "R" word has to be in quotes. She is emblematic of how so many in the mainstream media have strayed far away from any semblance of ethical & professional journalism. The majority of the Americans who took the time and made the effort to peacefully protest their displeasure at the massive amount of debt their government is racking up are not "extreme right-wing nutbars" like Roesgen and her colleagues would have you believe. Yet she could not hold back her personal disdain for all of them, including the man she started to "interview" but then rudely interrupted when what he was saying didn't fall into line with her own political views. What kind of REAL journalist would do that?

The United States of America was founded by citizens just like you see here in Chicago, who were angry at an unaccountable, uncaring government that had grown deaf to their very legitimate concerns. Is history repeating itself? Make no mistake, these people are angry at both political parties and the politicians within. This is not so much a protest at Barack Obama, as it is against the irresponsibility of government as a whole.

As a thought experiment, imagine Susan Roesgen transported back to 1776, shoving her microphone into the faces of the citizens of the original colones and asking them why they were revolting. Then, when not getting the answer she seeketh, pulling away and screaming, "What dost though protest against?! The King of England hath given you so much!"

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Update: The following comment came from a fellow on another site. He lives in SE Florida:

I attended the Tea Party protest that was held in my town, more people than expected showed up and for such a small town, it was pleasantly surprising. One big issue that is drawing alot of justified criticism is the President’s first spending bill, that was over 1,000 pages long but was quickly voted on and signed before anyone had ample time to even read it! Any Republican politician who thinks that it was simply an anti-Democrat or anti-Obama protest is kidding themselves, they started the out of control spending when they were in power and the donkeys just put it all on steroids once they got control of the entire government. When I returned home and watched the coverage of the various protests that occurred all around this country, I was struck by several different observations:

Despite the fact that there were nearly a thousand of these Tea Parties drawing hundreds of thousands of citizens, the crowds were energetic, but very peaceful. There were no riots, burned or overturned vehicles, physical clashes with law enforcement personnel, beatings, property damage or crude effigies of anyone being defiled or destroyed in any way, quite a departure from what we usually see from large left wing demonstrations on any subject. Most participants carried handmade signs, and people of all ages, political ideologies & ethnic groups participated.

The majority of the news media who continually gets clobbered by Fox in the ratings no matter what the time slot tried to downplay the numbers or passion of those of us who chose to attend these rallies, disregarding the fact that many turned out in bad weather to make their voices heard, and these so-called journalists chose to insult us as well which is why Beck’s & O’Reilly’s re-runs beat the prime time programming of CNN, ABC & MSNBC combined in the ratings, Fox dominates the daily 5pm to 11pm time slot by a very large margin. As for this alleged “reporter”, she’s a total disgrace and would be utterly embarrassed if she had any professional pride at all, which she obviously lacks! She humiliated herself and thanks to the Internet, her shameful attempt to “be the story” vs. simply reporting will likely be replayed & laughed at from now until eternity.