RIO WINS!!! CHICAGO ELIMINATED IN FIRST ROUND!!! WOOHOO!!!Update 7:IOC Video Presentations; Lula says yes we can Brazil!

Update: Remarks from the WH after returning from Copenhagen:

Update: Victor Davis Hanson neatly encapsulates our thoughts on how hypocritical it was for TOTUS to try to take the games from Rio in light of his constant harangues on America:

1) Obama’s brand is trans-nationalism and an “America is not exceptional” multiculturalism. According to his worldview, it makes sense that a South American country — especially a powerful, ascendant country such as Brazil — should at last have its turn at hosting the Olympics. It did not seem consistent that a politician who had reached out to the Castros, Chávez, Morales, and Ortega, in parochial fashion, would lobby for his own hometown over a “yes, we can” Latin American initiative, especially one involving an exciting city such as Rio…

TalkLeft says Chicago spent 50 Million on the bid! WAY TO GO THERE MAYOR DALEY! How many JOBS could have been created with that money? unreal.

12:51pm EST: RIO WINS!!!!! CONGRATULATIONS RIO AND SOUTH AMERICA!!! Hope to see you in 2016!!

Uhm someone tell Jarret and Daley to go round up the Obots in Chicago they are still standing there LIVE on Fox holding Chicago 2016 signs up, lol and dont worry anyone who is sad America will have the games again as we have had 7 times already..(note- N America has had them 7 times, USA 5)

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September 30, 2009. Tags: , , , , , , , , , , , , . Politics. 9 comments.

The Gambler: Nancy Pelosi Rolls the Dice: Says C.I.A. Lied to Congress About Torture

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May 14, 2009. Tags: , , , , , , , , , , , , . Music, Obama Administration, Politics, Terrorism, Uncategorized. Comments off.

Market Movers Monday: Bernanke on 60 Minutes and Treasury moves up Toxic Assets Plan

Bernanke on 60 Minutes Sunday night, this period before a FED meeting is traditionally a blackout for fear the markets will move the FED decision process or vice versa.

No g’news is good g’news on this interview. Apparently Americans are supposed to feel reassured by his doctorial demeanor and go shopping. I am warming up to Ben rapidly with the Apple Dumpling Gang we have running things now for comparison…

The other big news is that Treasury is moving up the rollout of TARP THREE. The latest AIG fiasco is so so bad for Team Obama, the timing, because they chose to push through the bloated stimulus and budget packages before they did the most important thing IMO,  funding the toxic asset program

Taxpayers are rightfully and righteously pixxed. This will be all over the news and then Timmeh will come back from G20 EMPTYHANDED Continental Europe is not interested in any stimulus to boost demand and they told him that…POTUS will go in April and hear the same thing about more NATO troops no doubt….

So WOTS is they were hoping things would magically get better without having to inject more capital anytime soon, but the AIG news means they cant come to us later for money, they need to move before the backlash builds  we are awash in tea :0) So the big rush is on to roll out TARP Three, Revenge of the Taxpayer, sounds nice huh?

CNBC (you know the new EVIL ONES) Steve Liesman:

The Obama administration’s plan to purchase toxic assets from the banks in a public/private partnership could be made public as soon as this week, according to senior administration officials. Officials said President Obama has largely signed off on the plan in discussions with Treasury Secretary Tim Geithner and the president’s economic team. A meeting was scheduled today at the White House to discuss the plan. But some details of the so-called Public Private Investment Fund, or PPIF, had yet to be worked out and officials cautioned that could delay the announcement to the following week

Still, officials say the broad outlines of the plan have been decided. Several competing funds will be established with capital from both public and private sources.

MiM here anyone wanna bet PIMCO is in there LOL Bill Gross likely wrote the damn plan HA!!

The hope is to have these funds bid on the assets weighing down the balance sheets of the nation’s banks and create a market price through the competition.

The administration plans to begin the program, to be overseen by the Treasury, the Federal Deposit Insurance Corporation and the Federal Reserve, with purchases of up to $500 billion in assets. It could be expanded to $1 trillion.

The bidders will be offered low-cost government financing to buy the assets and some form of insurance to protect them against downside risk..

If this sounds familiar to you it is because it is the plan Paulson sold Congress as TARP One, yep, go back Jack do it again…..

March 15, 2009. Tags: , , , , , , , , , , , , , , , , , , , , , , , . Cabinet, Economy, FDIC, Film, Finance, Obama Administration, Politics, Popular Culture, TARP, Taxes, Uncategorized, Wall St. 1 comment.

Signs of life in WH Press pool: reporter asks, Gibbs WH ‘hypocrites’ for attacking CNBC Rush?

A reporter has broken free of The Matrix!! We have a pulse, quick bag him and get him away from the kool aid!
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March 4, 2009. Tags: , , , , , , , , , , , , , . Art, Entertainment, Fantasy, Film, Obama Administration, Politics, Popular Culture, Sci Fi, Uncategorized, Wall St. 1 comment.

Travellin’ Tom Daschle or Been Around the World and He He He, He Don’t Pay His Taxes…….

Travellin Tom didn’t declare any of these jet rides, expense free vacations/’gifts’/international lobbying trips which at first glance certainly appear taxable and the IRS and Feds have been investigating the outfit for various other issues…in the immortal words of Cole Porter for Team Obama (who now play it in lieu of Hail to the Chief)…s’wonderul? s’marvelous? s’frakin ridiculous!…

It’s as if he deliberately set about violating every conceivable aspect of paying income taxes:f he took invalid charity deductions,  failed to declare as in kind payment gifts from charities he lobbied for-vacations and jet rides, failed to notice he hadn’t declared over 80,000 in ‘consulting’ (ie LOBBYING) income, didn’t declare the car/driver as income, didn’t pay the Medicare taxes on said driver….and the topper, he lobbied for pharma companies..PHARMA! How can you be head of HHS and not handle a conflict of interest there? it was within the past 2 years…

From WSJ:

People familiar with Mr. Daschle’s case said the question involves two flights he took aboard EduCap’s corporate jet to vacation destinations to speak with members of the board of directors of the Academy of Achievement, a related organization. In February 2006, Mr. Daschle flew to the academy’s annual retreat in the Bahamas. The next month, he flew with academy officials to Jordan, Egypt and Israel to scout out sites for the group’s international awards ceremony. While there, the delegation met with Jordan’s King Abdullah and Israeli minister Ehud Barack, said Daschle spokesman Jenny Backus.

Which part of this had to do with student loans exactly?

Under federal tax law, individuals involved with a charity aren’t allowed to take anything of personal value from the charity that isn’t connected to the charity’s core mission.

-snip-

The Internal Revenue Service has examined whether EduCap, a Sterling, Va.-based nonprofit student lender, was following its charter. EduCap also faces a separate Finance Committee probe into whether the charity, which has spent money on an expensive jet, it abused its status as a charity.

February 2, 2009. Tags: , , , , , , , . Cabinet, Department of Education, Music, Obama Administration, Politics, Popular Culture. Comments off.

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