Consider this the 1,000th example of the American media boiling down complex issues into easily digestible slogans, as the only two schmucks we can vote for dance along to the show. To quote Newt Gingrich, "We don't really have presidential debates today; we have a kind of meaningless political performance art: a recitation of talking points choreographed to avoid any risk."
Labels: Election 2008, Video
There will be a nation-wide protest against the Federal Reserve system on November 22nd, 2008!
Rallies will take place in front of every Federal Reserve bank and office, meaning 38 simultaneous protests in cities across the country. Come out and make your voice heard as we undertake the daunting task of toppling the Fed. Americans will be protesting in the following cities:
Boston - Philadelphia - New York City - Washington, D.C. - Buffalo - Cleveland - Cincinnati - Pittsburgh - Richmond - Baltimore - Charlotte - Atlanta - Birmingham - Jacksonville - Miami - Nashville - New Orleans - Chicago - Detroit - St.Louis - Little Rock - Louisville - Memphis - Minneapolis - Helena - Kansas City - Denver - Oklahoma City - Omaha - Dallas - El Paso - Houston - San Antonio - San Francisco - Los Angeles - Portland - Salt Lake City - Seattle
For all the pertinent information, head over to endthefed.us and restoretherepublic.net. You can sign up, get the times and locations for your city, and help organize the efforts of locals in your area. If there are any other Atlantans reading, print the following flier and help promote:
On a related note, I might as well take this opportunity to shamelessly plug my film. Look for DISINTEREST to be released soon, and watch some clips from the movie in the meantime. Then, send it to your friends. This information has to get to people who can make a difference, like you!
Labels: Federal Reserve
Something that should have sounded a few more Leftist alarm bells was Barack Obama's explanation for his support of raising (read: doubling) the capital gains tax.
Charlie Gibson confronts Obama and clues him in to the fact that every time the capital gains tax has been lowered, the government actually collected more money in tax revenue. Likewise, when the tax was raised, government revenue went down. Barack's response? It's not about providing the government with more funds. It's about fairness.
GIBSON: All right. You have, however, said you would favor an increase in the capital gains tax. As a matter of fact, you said on CNBC, and I quote, "I certainly would not go above what existed under Bill Clinton," which was 28 percent. It's now 15 percent. That's almost a doubling, if you went to 28 percent.
But actually, Bill Clinton, in 1997, signed legislation that dropped the capital gains tax to 20 percent.
OBAMA: Right.
GIBSON: And George Bush has taken it down to 15 percent.
OBAMA: Right.
GIBSON: And in each instance, when the rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down.
So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?
OBAMA: Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness.
Obama doesn't see taxation as a way to finance the activities of government (which it's not, but that's a separate story), but rather the instrument with which the government can mandate fairness. This is the man who says he's going to cut taxes for 95% of Americans, which is curious considering that 40% of Americans don't earn enough to pay income taxes.
Gibson presses him again later, and while you might be thinking that Obama played the fairness card because he couldn't deny the facts, well...he does exactly that.
GIBSON: But history shows that when you drop the capital gains tax, the revenues go up.
OBAMA: Well, that might happen, or it might not. It depends on what's happening on Wall Street and how business is going.
That's like saying, "Wow you know, every time we increase taxes on businesses, they cut jobs and raise their prices to make up for the increased tax liability. But you know, let's try it again. 'Cause it might happen, or it might not."
Are you starting to see a relationship between the likelihood of an Obama presidency and the plummeting of the stock market?Labels: Election 2008, Obamamania, Taxes
Yes this really is a CNN report scrutinizing Obama's relationship with Bill Ayers and concluding that he has been dishonest. It's got to tell you something when CNN won't buy the "this is a guy who lives in my neighborhood" line any longer. Watch.
And yes, you can expect McCain to raise this issue and attempt to hammer it home with every last bit of gusto the old coot has left. It won't work. When people see their 401ks going in the crapper, they don't want to hear about the bomb-thrower, however outrageous the connection may be, and Obama and the media will simply accuse McCain of avoiding the economic issues on everyone's mind.
Labels: Election 2008, Media
Douglass K. Daniel, a writer and editor with the Washington bureau of the wire service that doesn't like to be quoted, apparently thinks that even pointing out Obama's ties to white radicals is racist. Putting the "anal" in "analysis," Daniel writes that Palin's charge that Obama has "palled around with terrorists" is unsubstantiated and (gasp) racist.
From "Analysis: Palin's Words Carry Racial Tinge:"
Palin's words avoid repulsing voters with overt racism. But is there another subtext for creating the false image of a black presidential nominee "palling around" with terrorists while assuring a predominantly white audience that he doesn't see their America?
In a post-Sept. 11 America, terrorists are envisioned as dark-skinned radical Muslims, not the homegrown anarchists of Ayers' day 40 years ago. With Obama a relative unknown when he began his campaign, the Internet hummed with false e-mails about ties to radical Islam of a foreign-born candidate.
Whether intended or not by the McCain campaign, portraying Obama as "not like us" is another potential appeal to racism. It suggests that the Hawaiian-born Christian is, at heart, un-American.
Most troubling, however, is how allowing racism to creep into the discussion serves McCain's purpose so well. As the fallout from Wright's sermons showed earlier this year, forcing Obama to abandon issues to talk about race leads to unresolved arguments about America's promise to treat all people equally.
The post-racial candidate has become the most-racial candidate. "It suggests that the Hawaiian-born Christian is, at heart, un-American?" Yeah, funny how much associating with unrepentant terrorists and then telling Americans "they cling to guns and religion" does to paint that picture.
Labels: Election 2008, Obamamania
"Ultimately, what the bailout does is help those who are concerned about the health care reform that is needed to help shore up our economy...um, helping the...oh, it’s got to be about job creation too...shoring up our economy and putting it back on the right track...so health care reform and reducing taxes and...reining in spending has got to...accompany tax reductions and tax relief...for Americans, and...trade, we have, we've got to see trade as opportunity, not as uh...competitive, scary thing but...1 in 5 jobs being created uh, in the trade sector today, we've...we've got to look at that as more opportunity...all of those things under the umbrella of job creation..."
Remind you of something else?
Labels: Election 2008, Sarahcuda
First off, do you remember Barack's infamous Gaza phone bank? Here's a refresher:
Now, Ken Timmerman has written an excellent article on some of Obama's shadier campaign contributions, from folks like "Good Will" and "Doodad Pro." Sure, Obama isn't required to identify contributions of less than $200, but given that McCain does it voluntarily, along with the fact that Obama claims to be all about a different type of transparent politics (and has famously been helped by small/grassroots donors), it's a little odd that he hasn't released this information.
Timmerman agrees:
In a letter dated June 25, 2008, the FEC asked the Obama campaign to verify a series of $25 donations from a contributor identified as "Will, Good" from Austin, Texas. Mr. Good Will listed his employer as "Loving" and his profession as "You."
A Newsmax analysis of the 1.4 million individual contributions in the latest master file for the Obama campaign discovered 1,000 separate entries for Mr. Good Will, most of them for $25. In total, Mr. Good Will gave $17,375.
Following this and subsequent FEC requests, campaign records show that 330 contributions from Mr. Good Will were credited back to a credit card. But the most recent report, filed on Sept. 20, showed a net cumulative balance of $8,950 - still well over the $4,600 limit.
There can be no doubt that the Obama campaign noticed these contributions, since Obama’s Sept. 20 report specified that Good Will’s cumulative contributions since the beginning of the campaign were $9,375.
In an e-mailed response to a query from Newsmax, Obama campaign spokesman Ben LaBolt pledged that the campaign would return the donations. But given the slowness with which the campaign has responded to earlier FEC queries, there’s no guarantee that the money will be returned before the Nov. 4 election.
Similarly, a donor identified as "Pro, Doodad," from "Nando, NY," gave $19,500 in 786 separate donations, most of them for $25. For most of these donations, Mr. Doodad Pro listed his employer as "Loving" and his profession as "You," just as Good Will had done. But in some of them, he didn’t even go this far, apparently picking letters at random to fill in the blanks on the credit card donation form. In these cases, he said he was employed by "VCX" and that his profession was "VCVC."
Following FEC requests, the Obama campaign began refunding money to Doodad Pro in February 2008. In all, about $8,425 was charged back to a credit card. But that still left a net total of $11,165 as of Sept. 20, way over the individual limit of $4,600. Here again, LaBolt pledged that the contributions would be returned but gave no date.
In February, after just 93 donations, Doodad Pro had already gone over the $2,300 limit for the primary. He was over the $4,600 limit for the general election one month later. In response to FEC complaints, the Obama campaign began refunding money to Doodad Pro even before he reached these limits. But his credit card was the gift that kept on giving. His most recent un-refunded contributions were on July 7, when he made 14 separate donations, apparently by credit card, of $25 each.
Just as with Mr. Good Will, there can be no doubt that the Obama campaign noticed the contributions, since its Sept. 20 report specified that Doodad’s cumulative contributions since the beginning of the campaign were $10,965.
Also worth noting is this excerpt from the Economist:
Until recently, the Obama Web site allowed a contributor to select the country where he resided from the entire membership of the United Nations, including such friendly places as North Korea and the Islamic Republic of Iran.
Unlike McCain’s or Sen. Hillary Clinton’s online donation pages, the Obama site did not ask for proof of citizenship until just recently. Clinton’s presidential campaign required U.S. citizens living abroad to actually fax a copy of their passport before a donation would be accepted.
With such lax vetting of foreign contributions, the Obama campaign may have indirectly contributed to questionable fundraising by foreigners.
So the Messiah is bringing in heaps of cash from foreigners who may or may not be citizens, as well as equally large piles of money from inside the country from untraceable phantoms who make up identities and break up their contributions into smaller amounts, for which the reporting requirements aren't as strict.
Change!Labels: Election 2008, Obamamania
A well done response to the infamous "I'm Voting Republican" video. The lines are a little nasty, but no less than its liberal counterpart, and just as overly simplistic:
Favorite quote: "I'm voting Democrat because I believe in change. And not just just any change...but a change...that translates...into hope. And not just any hope...but a hope that...brings about...real...change. I like change."
Labels: Election 2008, Video
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Here's an idea of how "neutral" the moderator for tomorrow's debate with Caribou Barbie and Greasy Joe will be. Gwen Ifill is releasing a book entitled The Breakthrough: Politics and Race in the Age of Obama. Really sounds nonpartisan, doesn't it? Here's an example of what you'll be getting:
I'd like you to forget about bias for a moment. Let's just assume Ifill isn't biased towards Barack Obama in her book. If Obama manages to lose, do you think her book will sell? Sure, it will. But a hell of a lot more copies will leave the shelves if Obama wins. A child could explain this to you.
So by moderator, they apparently mean "a person with a financial stake in the outcome of this election." You would think this would be immensely obvious, and it is to most rationally thinking people. If she had any shred of journalistic integrity, she would realize this herself and turn down the offer. But alas, she's got a book to sell, and a candidate to help win.
I'm surprised toward the end she didn't add, "Hold on Jim, I'm having trouble hearing you over whatever boring song they're singing."
Update: Here are some accurate comments from PBS viewer Brian Meyers of Granby, Connecticut about Ifill's convention coverage directly following Palin's speech.
"Her attitude was dismissive and the look on her face was one of disgust," Meyers said. "Clearly, she was agitated by what most critics view as a well-delivered speech. It is quite obvious that Ms. Ifill supports Obama as she struggled to say anything redemptive about Gov. Palin's performance."
Labels: Election 2008, Obamamania
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This morning, the Senate began debating their attempt to breathe new life into the bailout bill that failed in the House. You can read it here, but what you should really pay attention to is not the first push down the red brick road to socialism, but rather the fact that even one of the most important pieces of legislation in generations is no exception to the rule of Senators tacking on as many unrelated items as possible.
By the way, the new bill is over 400 pages. Do you think your Senator has read it? Here's a peek at the completely unnecessary additions to the bill:
New Tax Earmarks
-Film and Television Productions (Sec. 502)
-Wooden Arrows designed for use by children (Sec. 503)
-6 page package of earmarks for litigants in the 1989 Exxon Valdez incident, Alaska (Sec. 504)
Tax Earmark "Extenders"
-Virgin Island and Puerto Rican Rum (Sec. 308)
-American Samoa (Sec. 309)
-Mine Rescue Teams (Sec. 310)
-Mine Safety Equipment (Sec. 311)
-Domestic Production Activities in Puerto Rico (Sec. 312)
-Indian Tribes (Sec. 314, 315)
-Railroads (Sec. 316)
-Auto Racing Tracks (Sec. 317)
-District of Columbia (Sec. 322)
-Wool Research (Sec. 325)
Can someone please tell me what NASCAR tracks, wooden arrows, and wool research have to do with Wall Street? I'd have a much easier time believing this was a real financial "emergency" if the American people (you know, those folks Congress is supposed to be serving?) were presenting with a clean bill.
This is a mess that goes all the way back to Jimmy Carter, and is a mess the American people shouldn't have to rely on this do-nothing band of congressional bandits to clean up. Paulson doesn't have the interests of main street at heart - after more than $40 million dollars from Goldman Sachs to both parties, he's looking to scratch the back of his former cronies.
Repeal the Community Reinvestment Act, rewrite the accounting laws, and for once in your career, write just one bill without earmarks. You're risking a revolution.
Update: The Senate bill just passed. I imagine it will squeak through the house, as it's got that infamous "Bushmentum" that gave us flash-fried versions of the Patriot Act, the Iraq War, and the unsuccessful amnesty bill.Labels: Congress, Economy
Here are a couple stories that aim to tell you what you (should) already know. First, we go to Vienna, Austria, where the head of the International Atomic Energy Agency has said that "all is not well with the IAEA." He also adds that after 6 years of inspections, the UN can't rule out "the possibility that [Iran] may be running clandestine nuclear programs."
A six-year probe of Iran has failed to rule out the possibility that the country may be running clandestine nuclear programs, the chief U.N nuclear inspector said Monday, urging the country to end its secretive ways.
"All is not well with the IAEA," ElBaradei said, asking the opening session of the agency's general conference for more money and authority.
Back in America, an email has surfaced via Glenn Reynolds at Instapundit, sent in by a reader who works in a mainstream media newsroom:
"Off the record, every suspicion you have about MSM being in the tank for O is true. We have a team of 4 people going thru dumpsters in Alaska and 4 in arizona. Not a single one looking into Acorn, Ayers or Freddiemae. Editor refuses to publish anything that would jeopardize election for O, and betting you dollars to donuts same is true at NYT, others. People cheer when CNN or NBC run another Palin-mocking but raising any reasonable inquiry into obama is derided or flat out ignored. The fix is in, and its working."
The only surprising thing here is that someone on the inside admitted what we all (should) know.Labels: Election 2008, Iran, Media, Obamamania