FCC Releases Net Neutrality regulations

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Obama administration says economic freedom will reduce terrorism. The facts say otherwise.

State Department spokesperson Marie Harf is taking some heat over comments made this week to MSNBC’s Chris Matthews about the need for soft power in the fight against terrorism.

“We cannot kill our way out of this war,” she said. “We need in the medium to longer term to go after the root causes that lead people to join these groups, whether it’s a lack of opportunity for jobs….”

Matthews countered that this isn’t a viable strategy since “There’s always going to be poor Muslims, and as long as there are poor Muslims, the trumpet’s blowing and they’ll join,” to which Harf replied that “We can work with countries around the world to help improve their governance. We can help them build their economies so they can have job opportunities for these people.”


Read more...

Slate: Conservatives Are Blasting the Obama Administration for Saying Unemployment Causes Terrorism. They’re Kind of Right.

A majority of Americans believe race relations have deteriorated since Obama was elected

“When Obama first took office, Americans were overwhelmingly optimistic about bridging the country’s racial divide. A Gallup poll taken the day after Obama secured the presidency in 2008 showed that 70 percent of Americans believed race relations would improve. But, two years later, these expectations had a stark meeting with reality when only 48 percent of blacks and 31 percent of whites said relations had positively progressed.”

I totally agree. Every time Obama addresses a racial issue, I feel personally alienated and downright offended. His comments in his speeches about Trayvon Martin's death made it clear that he has drawn a line in the sand, dividing us all, and he's picking the side that matches his skin color. After hearing for the past 50 years from the American Left about how we need to put racial differences behind us and just be "Americans", their most heralded, leftist president seems to take every opportunity he can to remind us all that we're divided into two groups: blacks and everybody else. And he's not taking my side. Ever.

Read more: "Florida Poll: Majority Believe Race Relations Worse Since Obama Took Office" by Cortney O'Brien, Townhall.com

RedState.com: You Know Something, Barack? Screw You…

“Search my soul,”  he intones, in his most sober, professorial condescension. In his world, we are all Americans, and, Lord Knows, Americans are by definition racist, stump-toothed cast-offs from the set-list of extras on Deliverance: An American court, in an American State, with an American Jury passed judgment about a case involving two Americans. Yep, it must be racist. Time for “us” to “search our souls“…
With all due respect sir: Screw You.
 Read more from "You Know Something, Barack? Screw You…" by conservativecurmudgeon at RedState.com

Obama’s new budget increases taxes on flavored vodka, but not unflavored vodka

Obama's new budget increases taxes on flavored vodka. All because ridiculous government regulations already gave an unfair advantage (and lower taxes) to imported vodkas (which are more likely to be flavored). So instead of fixing the problem (the stupid regulations), the government is ADDING a tax to balance things out in the end.

Read more: "Obama's budget includes some surprising taxes" by Chris Good, ABC OTUS News

CNN shows election bias with victory margin language

CNN said tonight on TV that Republican Scott Walker "narrowly defeats" Democrat Tom Barrett with only a 57%-42% win. That's odd because back in November '08, CNN called Obama's 53%-46% an "overwhelming victory".

Wow. The English language sure changed a lot in 3 1/2 years!

The video has since been removed.

But other sites have picked up on this too, including The PJ Tatler and ConservativeFact.com.

Compare that to CNN’s Obama victory article in November 2008.

Obama's Job is Done

Poverty levels expected to hit 15%

A recent article says that poverty levels in the U.S. are expected to reach 15% in an upcoming report, the highest in nearly 50 years. Obama has been saying more often lately that the key to reducing poverty is creating jobs. He is correct! But temporary stimulus jobs created by the government shifting money around in the economy is NOT the way to do it!!

John Maynard Keynes has been proven time and time again to be WRONG! His theory of massive government deficit spending to try to reduce the effects of recessions has one again become a catastrophic failure!

The only jobs that can bring us out of a recession and reduce poverty must be a result of long-term investment into capital projects that raise levels of production. Businesses at all levels of the supply chain must be convinced that the orders coming down the chain are NOT temporary but recurring sales.

Business leaders do not make long-term decisions like full-time hiring, expansion, inventory level increases, etc., just because there was a blip in the sales this month. These ridiculous infrastructure projects of FDR's and Obama's have NO effect on long-term job creation.

Full-time jobs are created by employers who have confidence that their sales are up PERMANENTLY. Sure, companies that receive part of a $700 billion stimulus package are going to be thrilled, but they will NOT use this to create jobs. That would be insane. They'll use it to pay down debt, fix some delayed maintenance issues, maybe repave the parking lot, or put it in the bank.

You want to create jobs across the board? Reduce or eliminate the corporate income tax, personal income tax, sales tax, or any of these other taxes that serve no purpose other than to shift wealth out of the private sector and into the hands of government bureaucrats.

I'm sick and tired of public school teachers whining about there not being enough money in the schools. It's all a bunch of bull! I've had it with them guilting everybody into agreeing to yet ANOTHER increase in their property taxes this year. Nearly everyone in the private sector has been affected negatively by this recession: lost jobs, salary cuts, benefit cuts, salary freezes, hours cut, etc. When's the last time a TEACHER suffered from any of these things? Ha!

I'd like to see one of these greedy teachers explain to little Sally the REAL reason why her parents both lost their jobs this year: "Sorry sweetie, I know your parents are unemployed, you won't have a Christmas, you've lost your health insurance, your grandmother is moving into the Projects, and you're about to lose your house and all, but I really need to retire with a full pension and free health care before I turn 47."

Local Communities Return to the Depression-Era Tactic of Printing Their Own Money

According to USA Today, About a dozen communities around the country are now printing and issuing their own currency, like the Detroit Cheers, Ithaca Hours, and Massachusetts Berkshares.

Although this practice did become widespread during the Great Depression, it was NOT because of bank closings, as the article mentions. Under the governship of Benjamin Strong before his untimely death before the Depression in 1928, the Federal Reserve of New York justifiably wielded its power to head off runs on banks by printing MORE currency and loaning more money to commercial banks and bank associations. This put a lot more currency in the hands of banks that customers thought were on the verge of collapsing.

Because of the nature of the industry, banks had access to only 5-10% of the cash needed to fulfill the withdrawal demands of every customer desposit. When customers got wind of a bank’s potential failure, they would rush to the bank to withdraw their own money. If the bank complied with every request, they were forced to seek emergency funds and loans from the Federal Reserve, other banks, or bank associations. So a bank run that wasn’t headed off could cause a domino effect. Strong's policy to supply the banks with a little more cash during bank runs saved dozens of bank closings during the 1920’s and actually delayed the Depression by at least 2 years.

After his death in 1928, the Federal Reserve, under EUROPEAN PRESSURE, was more scared about tiny fluctuations in inflation (that these emergency distributions of cash to banks caused) than they were about the closings of banks and the public's loss of confidence in the banking system. So when bank closings began in mid-1929, and in particular the collapse of the Bank of United States in New York in 1930, the Federal Reserve began REDUCING the printing of currency and loans to banks. This caused even more bank closings, eventually reaching into the thousands by 1933, costing Herbert Hoover the 1932 Presidential election.

So the Federal Reserve, under new direction and new policy at the beginning of the Depression was the REAL CULPRIT of the Depression, NOT PRIVATE BANKS. They simply didn't do their job and caused the largest economic failure in world history.

In response to a lack of federal notes, communities all over the United States started issuing their own currency. They saved a lot of local banks, local businesses, and jobs. But the Federal Government had created such a catastrophe; local banks and communities could only ride it out. And they would have helped end the Depression by 1936 if Roosevelt hadn't bankrupted the country with the "New Deal", precisely the formula that Obama is ruining the country with today.

Read the original article here: Communities print own currencies to keep cash flowing - USATODAY.com

Obama Takes First "Steps" to Remove Class from White House

When President-Elect Barack Obama arrived at the White House for the first time after the election, nobody really knew what to expect from him or his wife, Michelle.  But after seeing Obama walk with President Bush to their first presidential meeting, it's painfully obvious that Bush will take the last remnants of class with him.  As you can see from the video below, Bush demonstrates sophistication and a little grace, while Obama simply looks like a street thug in a suit.

How utterly embarrassing to the United States, democracy, and the electorate.

Stock Market Suffers Record Losses Since Obama Victory

In the two days of trading on the NYSE since the presidential election, the Dow Jones Industrial Average (DJIA) has lost a record-breaking 929.49 points.  After the Dow closed at 9625.28 on Election Day, Barack Obama was declared the winner of the 2008 Presidential Election just a few hours later.  The Dow responded by closing at 9139.27 (486.01 point loss) on Wednesday, then 8695.79 (443.48 point loss) on Thursday.  As of today, November 7, 2008, The Dow has not had a bigger two-day point loss in its 80-year history.

How does the percentage loss compare with historical losses?  It's almost as bad.  The 9.657% decline is the 13th worst in history and the worst since the market crash of Oct. '87.  In fact, as you can see below, excluding the week of Black Monday, the Dow's 2-day losses were the worst since the Great Depression.

	Date	2-day point change	2-day % change
1)	10/19/1987	-616.35	-26.171%
2)	10/29/1929	-71.15	-23.621%
3)	10/20/1987	-405.72	-18.058%
4)	11/6/1929	-41.38	-15.129%
5)	7/21/1933	-14.87	-14.356%
6)	10/28/1929	-38.83	-12.966%
7)	10/10/1932	-7.81	-11.783%
8)	7/20/1933	-12.41	-11.420%
9)	5/14/1940	-16.50	-11.397%
10)	11/12/1929	-26.79	-11.326%
11)	5/31/1932	-5.25	-10.502%
12)	11/13/1929	-21.70	-9.846%
13)	11/6/2008	-929.49	-9.657%

Source:  Yahoo! Finance

It's curious that the Obama supporters have been claiming that only Obama can "fix" the economy when the stock market, the backbone of the U.S. economy, is clearly preparing for the complete opposite.  I wish that only the Obama voters would get what they deserve, but unfortunately, as demonstrated on Wall Street this week, they're going to drag the rest of us down with them.

For all of you greedy baby-boomers out there that were so worried about your retirement savings under Bush and have been clamoring for "change"?  Don't come running to the rest of us to bail you out when your president of "change" wipes out the rest of your retirement by destroying confidence, taxing you up the wazoo, and saving Social Security by raiding your 401k's and IRA's!

Obama's election victory hasn't even been validated by Congress yet, and history is already looking poorly upon his administration.  In the 2012 election, when the GOP gets an easy victory over Obama, the only question will be which president did more damage to the U.S. economy:  Barack Obama or Jimmy Carter?

Obama Volunteer Office Displays Che Flag

In an appalling pronouncement of Marxism rarely seen from a mainstream political party, an office of eager volunteers for Barack Obama's campaign in Houston, TX shamelessly hung a Cuban flag depicting Fidel Castro's notorious psychopathic executioner, Che Guevara.

Watch this video from MyFox Houston to see for yourself.