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Latest Articles: United States News
California Gasoline Usage Plummets in Q4 2009
Post Date: 2010-03-31 20:35:21 by Nebuchadnezzar
3 Comments
Vallejo Goes for Broke
Post Date: 2010-03-31 19:12:22 by Skip Intro
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Can bankruptcy save California’s cities from staggering pension obligations? As California cities and counties struggle to fulfill the generous pay and pension commitments that they made to public employees during flush economic times, some politicians have taken comfort in a usually forbidding word: bankruptcy. Top officials in Los Angeles and San Diego have raised the B-word in recent weeks, and almost everyone is paying attention to developments in Vallejo (population 117,000), on the edge of the San Francisco Bay Area. The blue-collar port city filed for bankruptcy in May 2008, after it couldn’t pay its bills. Now, observers are watching to see whether Vallejo—the ...
Obama hates the white man
Post Date: 2010-03-31 18:32:27 by dont eat that
14 Comments
... an evil man out of the evil treasure of his heart bringeth forth that which is evil. – Luke 6:45 Barack Obama hates white people – especially white men. Sorry folks, but the truth will set you free! Why else would Obama falsely accuse Sgt. James Crowley and other Cambridge Police officers of "racial profiling" and claim they "acted stupidly" – creating a national racial controversy? For months, I have said that Barack Obama was elected as a result of white fear (guilt) and black racism. Whites voted for him because of guilt and the fear of being called "racist." And the 96 percent of blacks who voted for the "Messiah" did so ...
Sen. Kay Bailey Hutchison Expected To Reverse Plans, Finish Out Senate Term
Post Date: 2010-03-31 11:43:29 by Brian S
1 Comments
Sen. Kay Bailey Hutchison is expected to announce this morning that she will stay in the Senate for the remaining 33 months of her term, reversing repeated pledges made during her failed campaign for governor. Aides to Hutchison said late Tuesday that she would hold a news conference in San Antonio with her Texas Republican colleague, Sen. John Cornyn, and Senate Minority Leader Mitch McConnell of Kentucky. Though the statement made no mention of a topic, Hutchison has said frequently that she would leave the Senate before her term ends in 2012. Several state politicians have already declared their interest in running in a special election to replace her. But Cornyn, McConnell, Gov. Rick ...
Bigot Boy Won't Post THIS Today
Post Date: 2010-03-31 11:28:04 by war
3 Comments
The Rasmussen Reports daily Presidential Tracking Poll for Tuesday shows that 33% of the nation's voters Strongly Approve of the way that Barack Obama is performing his role as President. Forty-one percent (41%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -8 (see trends). This is the first time since February 4 that the President’s Approval Index rating has improved to negative single digits. It’s the first time since September 24 that the number who Strongly Approve has reached 33%. The bounce in approval for the President has come from a strong increase in enthusiasm among Democrats. Currently, 65% of Democrats Strongly Approve of the way Obama ...
LOL Moonbat Doesn't Realize Obama is Lying About Plans to Conduct Offshore Drilling
Post Date: 2010-03-31 11:28:01 by dont eat that
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Now Obama says that he's going to do offshore drilling. WTF Obama, what happened to the Green Energy Plan? I fucking believed in you! Yeah, that will give jobs to everyone who is trained in offshore oil drilling engineering; lots of jobs for the new grads, right? You lying DICK.
Obama is lying AGAIN -- There will be no new offshore drilling during his term of Office
Post Date: 2010-03-31 11:17:43 by dont eat that
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Administration Extends Ban on New Offshore Drilling to 2012 fter more than a year of delays, Secretary of the Interior quietly announced last week that the Obama Administration will discard the 2010-2015 lease plan for new development on the Outer Continental Shelf (OCS) and wait until 2012 to put a new plan in the place. This means that the Administration’s initial six-month delay has turned into a three-year moratorium on new offshore drilling. Even if a new lease plan is implemented by July of 2012, no new lease sales will occur during President Obama’s term in office. It will also mark 45 months since Congress first lifted the moratorium. “Secretary Salazar has finally ...
GOP Wary Of Health Law Repeal Push In Fall Races
Post Date: 2010-03-31 11:13:31 by Brian S
1 Comments
Top Republicans are increasingly worried that GOP candidates this fall might be burned by a fire that's roaring through the conservative base: demand for the repeal of President Barack Obama's new health care law. It's fine to criticize the health law and the way Democrats pushed it through Congress without a single GOP vote, these party leaders say. But focusing on its outright repeal carries two big risks. Repeal is politically and legally unlikely, and grass-roots activists may feel disillusioned by a failed crusade. More important, say strategists from both parties, a fiercely repeal-the-bill stance might prove far less popular in a general election than in a ...
Don't believe the idiots -- Today's awful ADP report is the REAL measure of Obama's economy.
Post Date: 2010-03-31 10:48:29 by dont eat that
4 Comments
The BLS report on Friday will include temporary census workers and BS "adjustments." Don't know what exactly it will say, but today's number is much "cleaner."
Why Cap And Trade Will Not Work
Post Date: 2010-03-31 10:29:19 by dont eat that
1 Comments
So many times I have tried to explain this. Because it is a complex Engineering problem, and as seemingly easy as it might be to understand, it needs an explanation that simplifies a technical complexity, something difficult to comprehend, and also difficult to explain. First there was the Waxman Markey Bill, and next came the Kerry Boxer Bill, and now Senators are working on another version of this Bill which at every turn, those proposing the Bill try to tell us that it will result in the decrease of Carbon Dioxide (CO2) emissions, the largest of these being from those coal fired power plants. In Australia, a similar bill has gone before the Senate twice already and has been rejected by ...
Private sector sheds 23,000 jobs in March (The Obama Depression)
Post Date: 2010-03-31 10:11:05 by dont eat that
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U.S. private employers unexpectedly shed more jobs in March, dimming hopes for job growth ahead of Friday's key employment report, while business conditions in New York City slipped. U.S. private employers cut 23,000 jobs in March, missing expectations for an increase in jobs although fewer than the adjusted 24,000 jobs lost in February, a report by a private employment service said on Wednesday. "It throws a little cold water on the idea we were going to be adding jobs in March, which is a little disappointing, people thought finally this might be the month," said John Canally, investment strategist and economist for LPL Financial in Boston. U.S. stock futures added to ...
Exclusive: Highly Decorated Army Surgeon Refuses All Military Orders Until Obama Proves He Is a Natural Born Citizen
Post Date: 2010-03-31 08:51:08 by dont eat that
10 Comments
A decorated active duty Army medical officer, Lieutenant Colonel Terry Lakin (selected for promotion to Colonel), is calling upon his chain of command and his Congressional delegation to force President Obama to release his original birth certificate. He is the highest ranking officer to go public over this controversy and in late February, was notified that he is subject to near-term deployment to Afghanistan. His military orders include a requirement that he provide "copies of his birth certificate." LTC Lakin is prepared to provide a certified copy of his certification of vital record that lists his birth hospital, physician's name and other key information. He has ...
Glenn Beck fill in calls tanning salon tax "racist"
Post Date: 2010-03-30 21:36:55 by WhiteSands
5 Comments
Apparently one radio personality thinks that all you have to do to get back at white people is tax tanning salons. While filling in on Glenn Beck’s radio show today, Doc Thompson said (joked?) that the health care bill’s 10 percent tax on tanning beds is racist because “dark skinned people” don’t use tanning beds. “I now know the pain of racism,” Thompson said, adding that racism has been dropped at the foots of all ‘lighter skinned Americans.’ “Why would the president of the United States of America - a man who says he understands racism, a man who has been confronted by racism - why would he sign such a racist law? Why would he agree to ...
Obama's 'Soviet-Style' Takeover of Student Loans
Post Date: 2010-03-30 17:35:45 by dont eat that
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Sen. Lamar Alexander (R., Tenn.), the U.S. secretary of education from 1991 to 1993, tells National Review Online that President Obama’s revamping of the federal student-loan program is “truly brazen” and the “most underreported big-Washington takeover in history.” “As Americans find out what it really does, they’ll be really unhappy,” Alexander predicts. “The first really unhappy people will be the 19 million students who, after July 1, will have no choice but to go to federal call centers to get their student loans. They’ll become even unhappier when they find out that the government is charging 2.8 percent to borrow the money and 6.8 ...
President Obama Says Students, Community Colleges To Benefit From Loan Changes He Signed Into Law
Post Date: 2010-03-30 17:08:30 by Brian S
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WASHINGTON (AP) — Bigger grants for college students who need them. Relaxed payment terms for students with loans. More money for community colleges and historically black institutions. The law that President Barack Obama signed Tuesday could mean big changes for hard-pressed students and colleges as the government becomes the primary issuer of student loans. But just whom will that affect and how? Q: What does the overhaul of student lending do? A: Basically, it cuts banks out of the government-backed student loan business. Money for the loans has come either directly from the government or through private financial institutions, which have collected billions of dollars in federal ...
The health care fight is not over
Post Date: 2010-03-30 16:04:14 by dont eat that
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BY ELECTING me to the US Senate, the people of Massachusetts sent a clear message: Washington needs to get its priorities straight. Voters believed I would be the best candidate to fight for jobs and a stronger economy, keep our country safe, and serve as the 41st vote against the health care reform legislation debated in the Senate. After my election, Washington politicians began an aggressive push to bend the rules and force their unpopular health care bill on an unwilling nation. They went into secret negotiations to make up their own rules, and eventually found a way to circumvent the will of the people by using the reconciliation process to ram through their health care bill. For the ...
Bart Stupak meets his match
Post Date: 2010-03-30 16:01:42 by dont eat that
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Meet the doctor who symbolizes the nationwide rebellion against Obamacare. His name is Dan Benishek. He’s a 57-year-old surgeon from Michigan’s Upper Peninsula and he’s never held political office at any level. He announced on March 15 that he was running as a Republican for Michigan’s First Congressional District - that’s Bart Stupak’s district, in case you were wondering. Today Benishek is a rising political force and an Internet phenomenon who could upset the balance of power in Washington, D.C. Six days after Benishek announced his candidacy, he was handed an unexpected gift by Stupak, the Democrat who vowed to fight publicly funded abortion in ...
Home price dip extends to 4th month (Surprise!)
Post Date: 2010-03-30 15:45:28 by Nebuchadnezzar
4 Comments
Home price dip extends to 4th month cnn ^ | 3/30/2010 | Les Christie The market seems to have pulled the rug out from under housing industry hopes for a sustained early recovery. After a five-month run-up in home prices starting last spring, prices have now fallen for four consecutive months, according to the S&P/Case-Shiller Home Price Index of 20 cities, a gauge of market values, released Tuesday. In January, prices were down 0.4%, compared with December and have fallen 0.7% from a year earlier. "The rebound in housing prices seen last fall is fading," said David Blitzer, chairman of the Index Committee at Standard & Poor's. "Fewer cities experienced ...
Bill Lockyer, Furious That California Is Riskier Than Kazakhstan, Sends Angry Letters To Goldman et al About State CDS Trades
Post Date: 2010-03-30 14:11:11 by Nebuchadnezzar
5 Comments
Bill Lockyer, Furious That California Is Riskier Than Kazakhstan, Sends Angry Letters To Goldman et al About State CDS Trades; (Or The Greek CDS Scapegoating Campaign - Animal Style) Submitted by Tyler Durden on 03/30/2010 10:25 -0500 Do you see what happens Larry when you sell CDS on California? You get a Greek-style scapegoating campaign. Cali's State Treasurer Bill Lockyer, exasperated at his impotence to sell $2 billion in GO bonds, has resorted to the last option: sending angry missives and trying to make a media circus out of it. It is now all Goldman's fault that California is bankrupt, just because it dares to make a market in Cali CDS. Ring a bell? It worked miracles for ...
Even With The Census Hirings, Unemployment Is not Expected to Decrease for March -- Still at 9.7% (The Obama Depression)
Post Date: 2010-03-30 14:08:32 by dont eat that
1 Comments
Economists surveyed by Thomson Reuters expect the Labor Department to report Friday that March unemployment was steady at 9.7 percent
The Gloomy Details Of The Obama Economy
Post Date: 2010-03-30 12:50:42 by dont eat that
3 Comments
Robert Samuelson, writing for Real Clear Politics, makes some very disturbing observations. After reading this you might re-consider your priorities between now and November when we have the chance to accomplish a peaceful revolution, replacing our entire Congress all at one time. When historians recount the momentous events of recent weeks, they will note a curious coincidence. On March 15, Moody's Investors Service -- the bond rating agency -- published a paper warning that the exploding U.S. government debt could cause a downgrade of Treasury bonds. Just six days later, the House of Representatives passed President Obama's health care legislation costing $900 billion or so over ...
Obamacare: Rack and ruin for small business
Post Date: 2010-03-30 12:45:49 by dont eat that
3 Comments
Don't be surprised that ObamaCare drives unemployment up. CNBC interviewed a restaurateur who fears the combination of workers comp, ObamaCare and sick time could bury her chain of restaurants she's sent the last 25 years building. Madelyn Alfano has a chain or restaurants in the LA area and is President of the LA Chapter of the California Restaurant Association. She' especially worried about her part time employees who have second job. "If we were to pay for the 400 employees, because the bill talks about part-timers--but for each two part-timers that makes that makes one full-timer--from what I gather, it would cost over $120,000 a month or $1.4 million a year. We ...
Should Grandma Get Divorced? ObamaCare Says So
Post Date: 2010-03-30 12:39:46 by dont eat that
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By additional taxes and fees, and by sliding subsidies, ObamaCare introduces powerful incentives against job creation, personal success — and marriage. Is this really good for America? It’s interesting, isn’t it, how the truth is coming out about ObamaCare now that the House has passed it and the president has signed it? On Tuesday, Michigan Congressman John Dingell told WJR’s Paul W. Smith, in response to a question about why much of the legislation doesn’t kick in until 2014, that: … when you’re going to pass legislation that will cover 300 [million] American people in different ways it takes a long time to do the necessary administrative steps that ...
Obamacare discourages small business growth, creates job boom for India
Post Date: 2010-03-30 12:36:07 by dont eat that
3 Comments
In order to keep their tax credit, businesses cannot hire more than 25 employees or pay an average of more than $40,000. Way to incentivize NOT hiring and NOT giving raises! Flopping Aces observes: ObamaCare now makes it more attractive for businesses to just slow their growth, and slow the increase of salaries. • Businesses with fewer than 25 employees that pay an average of no more than $40,000 will get a tax credit – up to 35 percent of the company’s share of their total health care premium. • Companies with 26-49 workers are unaffected. • Businesses with 50 or more workers must offer coverage or pay $750 per worker. That penalty applies for every employee ...
Obamacare will be a nightmare as small firms try to navigate the cut off for exemptions.
Post Date: 2010-03-30 12:33:27 by dont eat that
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I previously noted the employment Dead Zone effect for Obamacare, it will cause fewer wage settings, a broadening of the Dead Zone of unemployment and when the wage grows to positive income tax a large marginal tax increase for the low wage worker. Now Barrons interviews WILLIAM DUNKELBERG, the chief economist with the National Federation of Independent Business. He sees the Dead Zone effect for small businesses that grow beyond the minimum number of employees for Obamacare exemptions. Mish quotes from Barron's: Just when a small business gets large enough to no longer be called "small" is arbitrary. The legislation sets the exemption bar at fewer than 50 employees. And it ...
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