Archive for the ‘government spending’ Category

Part One: Taking Fame and Casting Blame

Zo examines a liberal meme that blames conservatives and credits liberals for a list of policies and issues in American history.

Zo also points to the cowardice of democrats trying to throw people off the scent of their rotten history by trying to switch labels to stigmatize conservatives. Are you going to let democrats twist and paint what conservatism is?

Part Two: Switching Labels and Telling Fables

Zo continues with his examination of a liberal meme that blames conservatives and credits liberals for a list of policies and issues in American history.

Zo further points out the cowardice of democrats trying to This is part 3 of 4 of Zo’s examination of a liberal meme that blames conservatives and credits liberals for a list of policies and issues in American history. Zo also points out more of the cowardice of democrats trying to throw people off the scent of their rotten history by trying to switch labels to stigmatize conservatives. Are you going to let democrats twist and paint what conservatism is? Here more in this ZoNation!throw people off the scent of their rotten history, by trying to switch labels to stigmatize conservatives.

Are you going to let democrats twist and paint what conservatismis? Here more in this ZoNation!

Part Three: It’s the Republicans Fault That Democrats Oppress You

This is part 3 of 4 of Zo’s examination of a liberal meme that blames conservatives and credits liberals for a list of policies and issues in American history. Zo also points out more of the cowardice of democrats trying to throw people off the scent of their rotten history by trying to switch labels to stigmatize conservatives. Are you going to let democrats twist and paint what conservatism is? Here more in this ZoNation!

Part Four: ‘Hey Democrats–I Can Still See You Behind You Label Switching

Zo wraps up his examination of a liberal meme that is as close as Zo wants to get to a colonoscopy (considering how full of crap this meme is). Its a meme that blames conservatives and credits liberals for a list of policies and issues in American history. Zo also points the cowardice of democrats trying to throw people off the scent of their rotten history by trying to switch labels to stigmatize conservatives. Are you going to let democrats twist and paint what conservatism is? Here more in this ZoNation!

Experience the creative energy and conservative insight that Zo delivers in every show. Click here to buy the ZoNation Complete Series Collection: http://bit.ly/ZoNationCompleteSeries

From Damian Paletta at the Wall Street Journal

The Social Security Administration has begun warning the public it cannot guarantee full benefit payments if the debt ceiling isn’t increased.

When asked by the public, the agency is notifying beneficiaries that “Unlike a federal shutdown which has no impact on the payment of Social Security benefits, failure to raise the debt ceiling puts Social Security benefits at risk,” according to a person familiar with the agency directive.

The warning was assembled after the agency consulted with the Treasury Department, which would play a lead role in determining how the government handles payments if the borrowing limit isn’t raised soon.

“Our employees started receiving questions from the public, so the agency worked with Treasury to provide an answer they could use when asked about the debt ceiling by the public,” a Social Security Administration spokesman said.

In 1937 the Roosevelt administration had to defend the Social Security Act and did so by stating before the Supreme Court that the inanely named FICA was simply a tax with no contract of benefits accruing to the payers and thus legal under government’s taxing authority. Sounds ;ike Justice Roberts” reasoning in the Obamacare fiasco, doesn’t it? The 1937 case was .

Obama is trying to fulfill the Cloward-Piven Stategy which is actually a blueprint for despotic communism. The idea of a equal living income for everone has a major flaw, who pays?

Back in the USSA – the Extended Pravda Dance Ver – Intellectual Froglegs #26 – YouTube.

Congressional Record–Appendix, pp. A34-A35
January 10, 1963

Current Communist Goals

EXTENSION OF REMARKS OF HON. A. S. HERLONG, JR. OF FLORIDA

IN THE HOUSE OF REPRESENTATIVES

Thursday, January 10, 1963

Mr. HERLONG. Mr. Speaker, Mrs. Patricia Nordman of De Land, Fla., is an ardent and articulate opponent of communism, and until recently published the De Land Courier, which she dedicated to the purpose of alerting the public to the dangers of communism in America.

At Mrs. Nordman’s request, I include in the RECORD, under unanimous consent, the following “Current Communist Goals,” which she identifies as an excerpt from “The Naked Communist,” by Cleon Skousen:

[From "The Naked Communist," by Cleon Skousen]

CURRENT COMMUNIST GOALS

1. U.S. acceptance of coexistence as the only alternative to atomic war.

2. U.S. willingness to capitulate in preference to engaging in atomic war.

3. Develop the illusion that total disarmament [by] the United States would be a demonstration of moral strength.

4. Permit free trade between all nations regardless of Communist affiliation and regardless of whether or not items could be used for war.

5. Extension of long-term loans to Russia and Soviet satellites.

6. Provide American aid to all nations regardless of Communist domination.

7. Grant recognition of Red China. Admission of Red China to the U.N.

8. Set up East and West Germany as separate states in spite of Khrushchev’s promise in 1955 to settle the German question by free elections under supervision of the U.N.

9. Prolong the conferences to ban atomic tests because the United States has agreed to suspend tests as long as negotiations are in progress.

10. Allow all Soviet satellites individual representation in the U.N.

11. Promote the U.N. as the only hope for mankind. If its charter is rewritten, demand that it be set up as a one-world government with its own independent armed forces. (Some Communist leaders believe the world can be taken over as easily by the U.N. as by Moscow. Sometimes these two centers compete with each other as they are now doing in the Congo.)

12. Resist any attempt to outlaw the Communist Party.

13. Do away with all loyalty oaths.

14. Continue giving Russia access to the U.S. Patent Office.

15. Capture one or both of the political parties in the United States.

16. Use technical decisions of the courts to weaken basic American institutions by claiming their activities violate civil rights.

17. Get control of the schools. Use them as transmission belts for socialism and current Communist propaganda. Soften the curriculum. Get control of teachers’ associations. Put the party line in textbooks.

18. Gain control of all student newspapers.

19. Use student riots to foment public protests against programs or organizations which are under Communist attack.

20. Infiltrate the press. Get control of book-review assignments, editorial writing, policymaking positions.

21. Gain control of key positions in radio, TV, and motion pictures.

22. Continue discrediting American culture by degrading all forms of artistic expression. An American Communist cell was told to “eliminate all good sculpture from parks and buildings, substitute shapeless, awkward and meaningless forms.”

23. Control art critics and directors of art museums. “Our plan is to promote ugliness, repulsive, meaningless art.”

24. Eliminate all laws governing obscenity by calling them “censorship” and a violation of free speech and free press.

25. Break down cultural standards of morality by promoting pornography and obscenity in books, magazines, motion pictures, radio, and TV.

26. Present homosexuality, degeneracy and promiscuity as “normal, natural, healthy.”

27. Infiltrate the churches and replace revealed religion with “social” religion. Discredit the Bible and emphasize the need for intellectual maturity which does not need a “religious crutch.”

28. Eliminate prayer or any phase of religious expression in the schools on the ground that it violates the principle of “separation of church and state.”

29. Discredit the American Constitution by calling it inadequate, old-fashioned, out of step with modern needs, a hindrance to cooperation between nations on a worldwide basis.

30. Discredit the American Founding Fathers. Present them as selfish aristocrats who had no concern for the “common man.”

31. Belittle all forms of American culture and discourage the teaching of American history on the ground that it was only a minor part of the “big picture.” Give more emphasis to Russian history since the Communists took over.

32. Support any socialist movement to give centralized control over any part of the culture–education, social agencies, welfare programs, mental health clinics, etc.

33. Eliminate all laws or procedures which interfere with the operation of the Communist apparatus.

34. Eliminate the House Committee on Un-American Activities.

35. Discredit and eventually dismantle the FBI.

36. Infiltrate and gain control of more unions.

37. Infiltrate and gain control of big business.

38. Transfer some of the powers of arrest from the police to social agencies. Treat all behavioral problems as psychiatric disorders which no one but psychiatrists can understand [or treat].

39. Dominate the psychiatric profession and use mental health laws as a means of gaining coercive control over those who oppose Communist goals.

40. Discredit the family as an institution. Encourage promiscuity and easy divorce.

41. Emphasize the need to raise children away from the negative influence of parents. Attribute prejudices, mental blocks and retarding of children to suppressive influence of parents.

42. Create the impression that violence and insurrection are legitimate aspects of the American tradition; that students and special-interest groups should rise up and use ["]united force["] to solve economic, political or social problems.

43. Overthrow all colonial governments before native populations are ready for self-government.

44. Internationalize the Panama Canal.

45. Repeal the Connally reservation so the United States cannot prevent the World Court from seizing jurisdiction [over domestic problems. Give the World Court jurisdiction] over nations and individuals alike.

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From The Times of Ysrael

With Israeli elections just over a week away, parties are pulling out all the stops to grab attention and show who they are. However, one party ad, featuring a model stripping down to her skivvies, may have revealed a bit too much.

The Central Elections Committee was petitioned Sunday to ban a television ad run by the Calcala (Economy) party, which the Coalition against Racism in Israel claimed hurts the status of women and is unworthy of televised campaign advertisements.

Committee chairman Elyakim Rubenstein said that the ad was vulgar and in poor taste, but he refused to ban it, saying that in this day and age, there is nothing in the commercial that is not already easily accessible to the public.

Nevertheless, the Calcala party announced on Sunday that they would not air the commercial anymore, as they now understand that many people, particularly women and the ultra-Orthodox, found it offensive.

The ad features a young woman, who describes herself as “Lynn,” a high school graduate who served in the IDF and then decided to pursue an academic degree.

“Lynn” proceeds to describe how hard it is to survive in Israel economically, and lists all of the things that Israeli citizens must pay — income tax, value added tax, national health insurance, housing, electricity, and so on. For each item she mentions, she removes an article of clothing, until she is down to her bra and panties.

As her bra comes off, she is covered by a banner that reads “The government is stripping us!”

The party founders, brothers Danny and Benny Goldstein, then come out fully dressed and block the view of “Lynn.”

“Do we have to get to this situation in order for you to listen to us,” they ask.

They promise that their party will not allow the government to “undress” you.

The Calcala party, running on an economic reform platform, is seen as a long shot to enter the Knesset. The faction is headed by defected Kadima MK Yulia Shamalov Berkovich.

Here are the political/governmental poor decisions that led to the crash

Here’s How The Community Reinvestment Act Led To The Housing Bubble’s Lax Lending

The secularization of these, required by CRA, poison pill mortgages (needed to mitigate the banks’ risk incurred by making them) coupled with the repeal (1999) of the Glass Steagall Act made the crash almost inevitable. Both of these truly horrible decisions were made by politicians for “the greater good” of their constituents, either donors or stupid voters.

The Repeal Of The Glass Steagall Act and Its Contribution To The 2008/2009 Economic Crisis

The idiotic “derivatives” that were invented to shift more of the risk to investors and the “credit default swaps” designed to insure the investors in these instruments were actively encouraged by the SEC, which is a government agency charged with protecting the public not the banks.

Testimony of Annette L. Nazareth, Director Division of Market Regulation February 10, 2000

Certain Politicians who claimed responsibility for the CRA kept insisting that everything was working perfectly well while the system was snowballing down the hill.

Barney Frank and Chuck Schumer’s Role the Fannie Mae Failure

Rep. Barney Frank Admits to Helping Ex-Lover Land Job at Freddy Mac

Others were siding with the biggest bundler trying to capture control of the sub-prime market.

Dodd and Countrywide – WSJ.com

After the bust, the perpetraitors (sic) used it to turn on the small banks in order to protect the larger banks that had gambled and lost at the politicians urgings and assurances by constructing a huge barrier to entrance for new banks and onerous, costly reporting requirements the cost of which will cause many small banks to close. That will lead to larger banks being free to charge higher fees resulting in larger campaign donations or favors.

Dodd-Frank: 26,353 paper-pushers

Dodd-Frank helps big banks at expense of small ones …

 Now, I told you, that to tell you this,

http://www.bloomberg.com/news/2012-08-15/freddie-fannie-push-bank-bad-debt-cost-to-84-billion-mortgages.html

The problem is that the politicians forced bad loan origination on the banks in a ponzi like quota system and paid some Clintoonite bureaucrats some fantastic bonuses to flood Fannie Mae with bad loans.

Jamie Gorelick served as vice chairman of the Federal National Mortgage Association (Fannie Mae) when the government-sponsored enterprise began bundling subprime loans into securitized financial instruments. Her compensation was a salary of a little over $500,000 and $26,000,000 in bonuses. But Gorelick is perhaps best known for her 1995 memo, written when she was deputy attorney general for Clinton, that later became known as “Gorelick’s Wall,” a policy prescription limiting the flow of information between intelligence gatherers and criminal investigators that some believe helped allow the September 11, 2001 attacks on the World Trade Center to go unchallenged. (And often alleged to keep the FBI from learning what the CIA knew about Clintoon’s missile technology dealings with the Chinese.)


Franklin Raines the former chairman and chief executive officer of Fannie Mae, who served as White House budget director under President Bill Clinton. His Compensation was $700k salary, $50 million bonuses. He was specifically named in the Securities Exchange Commission’s lawsuit against Fannie Mae and settled for by paying the SEC $24.7 million, so he wound up in about the same financial position as the other Clintoonite.

The Progressive Nightmare & The Conservative Solution

Posted: August 20, 2011 in 2012, 2nd amendment, 4th Amendment, academics, administration, agenda, agents, airport, arguing with idiots, audit the Fed, austrian, bankrupting america, banning american flag, Barack Obama, Barney Frank, bearded marxist, bernanke, Bernie Madow, Big Ed, big government, bondholder ripoff, Border Patrol, broke usa, budget, busybodies, cap and tax, carbon trading, climaquiddick, climategate, Cloward Pivens, congress, conservatism, conservative, conservatives, constitution, corruption, currency devaluations, DEA, debt, decision points, declaration of independence, deficit, deficits, democrat, democratic, democrats, dhimmicretins, Drug War, easing, east anglia, economic, economic liberty, economics, economy, education reform, election, elite, elitism, elitist, employment, entitlement, environmentalism, ethnic, euro, european monetary union, F. A. Hayek, federal healthcare, federal reserve, federalist papers, firearms, freedom, friedman, general electric, gerrymandering, global warming, government motors, government spending, guantitative easing, gun control, Herman Cain, homeland security, idiots, illegal immigration, international debt, international economics, international monetary fund, ipcc, job killer, John Keynes, JournoList, justice department, justice fraud, Lame-Stream Media, left, leftist, liberal, liberal gene, liberals, libertarian, libertarianism, liberty, lies, looters, Media Malpractice, Michelle Bachmann, Mitt Romney, monetary policy, moochers, nanny state, napolitano, natural law, Neo-Libertarian, Newt Gingrich, Obama, Politically incorrect, propaganda, rational basis test, reason, Rick Santorum, Ron Paul, Sarah Palin, Tim Pawlenty, weapons, Wesley Mouch, Zimbabwe School of Economics

The Progressive Nightmare

The Conservative Solution

I can’t embed it but you should see this video:

http://www.mrctv.org/videos/flashback-big-movie-v-tax-happy-congress-0