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April 20, 2009

Did Bill Ayers Write Obama’s Books?

Filed under: — @ 8:23 am

by Ian Mosley

obama_book

According to Breitbart News, “President Barack Obama is one taxpayer who filed his returns on time. Tax returns released by the White House show Obama and his wife, Michelle, together made $2.7 million last year. While that’s far more than the U.S. median household income of about $50,000, it’s also far less than the Obamas made the previous year. In 2007, they made $4.2 million. Nearly all of their earnings last year came from the president’s two best-sellers. The nonfiction books—’Dreams From My Father’ and ‘The Audacity of Hope’brought the Obamas nearly $2.5 million in royalties.”

We will leave aside for the moment the irony of a couple of multi-millionaires presiding over the transformation of the United States into a Castro-like socialist police state, and we will concentrate on the allegation that these millions were “earned” by Obama thanks to his “brilliant” writings.

The throngs of adoring bleeding-heart White liberals, who bought Obama’s books, truly believe that Obama wrote those books himself. If he didn’t, then there’s a very serious issue of fraud. After all, Obama got most of his fortune from those books –having apparently no other useful skills, except for teleprompter reading.

An article by Jack Cashill from AmericanThinker.com notes “A 1990 New York Times profile on Obama’s election as the Harvard Law Review’s first black president in 1990 caught the eye of agent Jane Dystel. She persuaded Poseidon, a small imprint of Simon & Schuster, to authorize a roughly $125,000 advance for Obama’s proposed memoir. Obama repaired to Chicago with advance in hand and dithered. At one point, in order to finish the book without interruption, he and wife Michelle decamped to Bali. Obama was supposed to have finished the book within a year. Bali or not, advance or no, he could not. Simon & Schuster canceled the contract. His agent hustled him a new, smaller contract. Ayers published his book To Teach in 1993. Between 1993 and 1996, he had no other formal authorial assignment than to co-edit a collection of essays. This was an unusual hole in his very busy publishing career. Obama’s memoir was published in June 1995. Earlier that year, Ayers helped Obama, then a junior lawyer at a minor law firm, get appointed chairman of the multi-million dollar Chicago Annenberg Challenge grant. In the fall of that same year, 1995, Ayers and his wife, Weatherwoman Bernardine Dohrn, helped blaze Obama’s path to political power with a fundraiser in their Chicago home. In short, Ayers had the means, the motive, the time, the place and the literary ability to jumpstart Obama’s career. And, as Ayers had to know, a lovely memoir under Obama’s belt made for a much better resume than an unfulfilled contract over his head.” (more…)


April 19, 2009

Don’t Mess With Texas

Filed under: — @ 7:22 am

by Jeff Davis

texas

The Magic Negro seems to be meeting a surprising degree of resistance to his new reign of socialism and his cult of personality. Some people seem to be questioning the great federal monolith, which can’t control its spending, can’t deport illegal aliens and is leading the entire nation into a worse and worse Depression.

The Austin Statesman reports: “Texas Gov. Rick Perry fired up an anti-tax ‘tea party’ Wednesday with his stance against the federal government and for states’ rights as some in his U.S. flag-waving audience shouted, ‘Secede!’ …An animated Perry told the crowd at Austin City Hall — one of three tea parties he was attending across the state — that officials in Washington have abandoned the country’s founding principles of limited government. He said the federal government is strangling Americans with taxation, spending and debt. Perry repeated his running theme that Texas’ economy is in relatively good shape compared with other states and with the federal budget mess. Many in the crowd held signs deriding President Barack Obama and the $786 billion federal economic stimulus package.”

A very large percentage of Americans did not want ANY bail outs: Not for big Wall Street firms, not for AIG and not for deadbeat minority subprime borrowers. Once again, the federal government has failed to represent the wishes of the American public.

The Statesman continues “Later, answering news reporters’ questions, Perry suggested Texans might at some point get so fed up they would want to secede from the union, though he said he sees no reason why Texas should do that… ‘There’s a lot of different scenarios,’ Perry said. ‘We’ve got a great union. There’s absolutely no reason to dissolve it. But if Washington continues to thumb their nose at the American people, you know, who knows what might come out of that. But Texas is a very unique place, and we’re a pretty independent lot to boot.’ ”

There is a very definite stirring of unease and outright rebellion, and it’s happening a lot sooner into Obama’s single term in office than anyone might have anticipated. All the “tea parties” I’ve seen seemed to be a lot more serious and intense than the usual right-wing events. (more…)


April 18, 2009

Bank Failures in 2009 Now Equal Total from 2008

Filed under: — @ 6:53 am

by James Buchanan

american_sterling_bank

Remember all that hype about the economy starting to rebound under Obama. Well, think again. Two more American banks have bit the dust this week as more people fail to pay their mortgages. Over the last five months, 3.2 million Americans have lost their jobs. In the first quarter of 2009, 800,000 more people defaulted on their mortgages. And this is despite banks and mortgage lenders bending over backwards to keep people in their homes even if they’re paying considerably less than the monthly mortgage payment. Everytime a mortgage falls through, a bank needs to SPEND money cleaning up after the evicted ex-home owner. In the case of subprime lenders, many of the homes truly are trashed and clean up costs could exceed $50,000 per house.

The militant leftist organization ACORN is encouraging minorities to stay in their subprime homes, regardless of eviction notices. The truth is that most minority subprime mortgages didn’t have a hope of ever being paid off. Now ACORN wants these minorities to just steal $500,000 and $700,000 homes –with White taxpayers ultimately getting stuck with the cost of giving millions of Blacks and Latinos free homes. If a right-wing organization encouraged people to violate the law in a similar way, we would no doubt quickly be accused of a criminal conspiracy.

A recent news article reports “Regulators on Friday shut down two more banks, boosting the number of failures this year to as many as in all of last year. The tally of 25 bank failures this year all but guarantees the number that fall into the arms of regulators will surpass what was seen in 2008. Two of the nation’s largest savings and loans failed in 2008: Washington Mutual Inc. and IndyMac Bank. Last year’s total was more than in the previous five years combined and up from only three failures in 2007. The latest banks seized were American Sterling Bank in Missouri and Great Basin Bank of Nevada… Customers of both banks can still write checks and use ATM or debit cards.”

About the only good thing that can be said about bank failures in the US is that the FDIC has it down to a science. Bank failures are routinely announced on Fridays to minimize panic, and the transitions are being done smoothly so that bank customers are still able to access their money. (more…)


April 17, 2009

Number of New Bankruptcies Rising

Filed under: — @ 6:58 am

by Jeff Davis

A recent news article reports “The number of U.S. businesses and individuals declaring bankruptcy is rising with a vengeance amid the recession, despite a three-year-old federal law that made it much tougher for Americans to escape their debts…”

Under the new bankruptcy laws the debtor must always pay every penny even if it’s only at a dollar a week for the next 10,000 years or something ridiculous like that. There is no total forgiveness of debt any more, even when it is obvious to a cigar store Indian that the individual can’t ever pay the amount owed.

The article goes on: “Nearly 1.2 million debtors filed for bankruptcy in the past 12 months… Last month, 130,831 sought bankruptcy protection – an increase of 46 percent over March 2008 and 81 percent over the same month in 2007. Bob Lawless, a professor at the University of Illinois College of Law, said bankruptcies could reach 1.5 million this year and level off at 1.6 million next year – around the same time economists expect an economic recovery to begin.”

That’s assuming the “stimulus package” works in some way not yet apparent. Also, bear in mind that the official government version of “recovery” and normal people’s definition of “recovery” will probably be two radically different things. (more…)


April 16, 2009

Tax Protest Day Draws Tens of Thousands all over America

Filed under: — @ 5:49 am

by Charles Coughlin

tea_party

A CNN news article reports “Armed with signs reading ‘no taxation without deliberation’ and ’stop bankrupting America,’ tens of thousands of people spent national tax day at organized ‘tea party’ demonstrations across the country, protesting what some view as excessive government spending and bailouts. Crates of tea were dumped into Massachusetts’ Boston Harbor during a ‘tea party’ protest Wednesday.”

People in California had a little extra motivation to show up at protest rallies after six Republican sell outs in the California legislature went along with the Democrats for a two-thirds vote for the largest tax increase for any state in US history. Meanwhile, California spends 13 billion dollars per year on illegal aliens. Apparently kicking out illegal aliens to save money is “off the table” for the crazy liberal socialist government of California, but endlessly raising taxes on White taxpayers is perfectly OK.

Much of the liberal media has no clue what’s going with the tax protests. Many liberal pundits were speculating that these protests were actually right wing racists who don’t like the new Black president. Somehow these liberals just can’t get it through their inch thick skulls that people ARE TAXED TOO MUCH and they’re starting to rebel against oppressive taxation just as the Founding Fathers rebeled.

Many of the tax protesters were calling it a “TEA Party” with “TEA” standing for “Taxed Enough Already.”

The CNN article notes ” ‘If you look at these nine little beautiful grandbabies, I’m here for them. Our government’s out of control with spending and their future’s being robbed,’ said Mary Wojnas, whose sign had a photo of her grandchildren next to the phrase, ‘Stop Generational Theft… Stop out-of-control spending and stop government takeover and intrusion in our lives. They’re here to protect us and beyond that, get out of our way,’ said Wojnas, who attended a rally in front of the Georgia state capitol in Atlanta. In Massachusetts, hundreds cheered as people dressed in 18th-century style wigs and clothes tossed crates of tea into Boston Harbor, harkening back to pre-Revolutionary War protests in that city against British taxation policies.” (more…)


April 15, 2009

Government Sees Most Americans as Enemies

Filed under: — @ 7:44 am

by Jeff Davis

The Department of Homeland Security has now confirmed something we have all known for some time: the true enemy of the United States government is the American people.

The Washington Times reports: “The Department of Homeland Security is warning law enforcement officials about a rise in rightwing extremist activity… (This would include any) groups that reject federal authority in favor of state or local authority.”

This would easily include such radicals as George Washington, Thomas Jefferson and Benjamin Franklin.

The Times notes ” ‘It may include groups and individuals that are dedicated to a single-issue, such as opposition to abortion or immigration,’ the warning says.”

That would add maybe 200 million Americans, including most devout Christians.

The Times goes on: “The nine-page document was sent to police and sheriff’s departments across the United States on April 7 under the headline, ‘Rightwing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment.’ It says the federal government will be working with its state and local partners over the next several months to gather information on rightwing extremist activity in the United States.”

So we can expect increased surveillance, warrantless wiretaps, and harassing visits from the Secret Service including various agent provocateurs who show up suddenly and begin talking about various illegal things like machine guns in the hope someone is stupid enough to let them blabber. Failing to shut up some loonie who starts talking about illegal guns and violent plots can quickly lead to a felony “conspiracy” charge. It used to be called entrapment, but that doesn’t seem to matter much anymore. (more…)


April 14, 2009

Obama’s Brother Accused of Attempted Sexual Assault of Young British Girl

Filed under: — @ 8:30 am

by Jeff Davis

Barack and half-brother Samson Obama

Ironically, in view of the official adulation with which Obama has recently received in the U.K., the British newspaper News of the World has reported that Barack Obama’s African half brother was recently refused entry into the United Kingdom on the grounds that he attempted a sexual assault against a school girl.

The News of the World reports, “American president Barack Obama’s half brother was refused a visa to enter the UK after being accused of an attempted sex attack on a young British girl. The News of the World can reveal that Kenya-based Samson Obama tried to get into Britain on his way to Washington for his family’s big day, the historic inauguration in January. But eagle-eyed immigration officials at East Midlands Airport, using the latest biometric tests, discovered he was linked to an incident here last November.

News of the World continues: “Details on the hi-tech database revealed that Samson-who manages a mobile phone shop just outside Nairobi -was in fact the same man who was arrested by police in Berkshire after he approached a group of young girls, including a 13 year-old, and allegedly tried to sexually assault one of them. He then followed them into a cafe where he became aggressive and was asked to leave by the owner. That’s when police were called to the scene and Samson was arrested. But he gave officers a false ID – claiming to be Henry Aloo, a genuine refugee and asylum seeker – and supplied his mother’s address in Bracknell.”

This is how many illegal aliens dodge criminal charges. Fortunately, technology is catching up with these Third World criminals.

The article notes “Following Samson’s arrest he was fingerprinted but not formally charged and then left the country. However, all his details were stored on the Home Office’s new database of prints and biometric details. And that’s what finally pinpointed Samson’s link to the world’s most powerful leader-as he attempted to slip back into Britain to visit relatives en route to joining the two million crowd at the swearing-in ceremony.” (more…)


April 13, 2009

New York Hit with Job Cuts

Filed under: — @ 5:56 am

by Jeff Davis

depression11

One of the few remaining secure jobs during “recessions” has been government or civil service work. Government jobs aren’t exactly the most upmarket or fulfilling, but they were always secure and the pay approaches that of jobs in the private sector with similar education requirements. But it looks like the Grim Reaper of the Obama Depression is cutting even into that last safety net.

A Breitbart news article reports “Sweeping layoffs of government employees are needed to prevent New York going bankrupt, Mayor Michael Bloomberg said Thursday. Bloomberg, who is in tense negotiations with municipal workers’ unions, said an extra 7,000 jobs would have to go unless major reductions are made in employee benefits. ‘We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city,’ he said in comments broadcast on NY1 television.”

Bloomberg is a businessman, who understands that when you hit hard times and your revenue drops, you need to cut back. Contrast this to the state of California which refuses to lay off state workers or renegotiate contracts and which just dumped 15 billion dollars in NEW taxes onto taxpayers and businesses, who are already strained under the Depression. This will almost certainly cause more businesses and productive White people to flee the state. In the end, California probably will go bankrupt thanks to the crazy socialists, the unions and the millions of illegal aliens that the liberal politicians do nothing about.

While the unions and state workers in New York may want their job security and pensions etched in stone, this worsening Depression is likely to affect everyone to some extent, and their benefits and pensions could easily wind up on the chopping block.

Breitbart goes on: “Bloomberg, running for a third mayoral term at the end of this year, said that proposals from unions so far were nowhere near what is adequate. The possible job cuts, first announced Wednesday, would be on top of 1,300 already proposed and another 8,000 that could be axed through attrition… The budget office on Wednesday said that 7,000 extra job cuts would allow the city to cut a further 350 million dollars in expenditure.” (more…)


April 12, 2009

The US Continues to Crumble

Filed under: — @ 8:33 am

by Jeff Davis

minneapolis-bridge

Slowly but surely, the United States of America is falling apart at the seams. The first signs are clear: infra-structure so neglected your car practically shakes apart driving on the freeway, not to mention that collapsing bridge in Minneapolis, which had a better rating than about 10 percent of US bridges. And don’t forget the massive power failures in winter that accompany any significant snow storm. And the brownouts all across the country every summer when Americans try to turn on their air conditioners. On top of all this illegal aliens are causing water shortages all over the Southwest, but our politicians refuse to deport them.

A Reuters article reports “Despite dire warnings of water shortages due to prolonged drought, the Los Angeles City Council on Wednesday rejected a plan to ration water in the nation’s second-largest city for the first time in 18 years. The unanimous 15-0 vote against the plan marked a surprise setback for Los Angeles water managers, who like their peers in cities throughout California were directed to cut water use 20 percent this year under a drought emergency proclaimed by Governor Arnold Schwarzenegger.”

A 20 percent cut? Many people in L.A. have long ago stopped watering their lawns because of exorbitant water bills. It’s illegal to wash your car with a garden hose or wash down your driveway. How much more can they cut back? Stop showering? Flush the toilet once per day? Wouldn’t it be easier to just deport the damn illegals before they make our life a complete hell?

Reuters goes on: “But David Nahai, general manager of the Los Angeles Department of Water and Power, the nation’s biggest municipal utility, insisted that the proposal was not dead.’The city must cut back its water use. There are no two ways about that,’ Nahai told Reuters after the vote. He said the council’s rejection stemmed not from disagreement over a need for mandatory conservation measures but from questions about how the plan would work and whether it amounted to a rate hike rather than a rationing scheme…. the plan calls for homes and businesses to pay a penalty rate — nearly double normal prices — for any water they used in excess of a reduced monthly allowance. But Nahai insisted the measure was ‘revenue neutral,’ designed entirely to encourage conservation.”

As if White people in California aren’t paying enough in taxes, which recently jumped 15 billion dollars, our politicians want us to pay even more exorbitant rates if our water usage exceeds some limit set by a “water commissar.” I would not be surprised one bit if there are fines and double rates for water in the White suburbs while the “poor” minority areas get some special discount assuming they even bother to pay their water bills. (more…)


April 11, 2009

They’re Hiding the Worst from us

Filed under: — @ 2:28 am

Bad financial news about banks is being withheld so stocks won’t crash.

by Jeff Davis

Interestingly, the Obama regime is starting to float trial balloons claiming that the economy is “beginning to recover.” This is a lie, pure and simple. In point of fact, things out here in the real world are getting worse every day –over 600,000 Americans have been laid off every month so far this year.

Twenty-three banks have failed so far in 2009 according to the FDIC website. In contrast, twenty-four banks failed during 2008. Four banks failed in 2007, and zero banks failed in 2006 or 2005.

A Reuters article reports “The U.S. Treasury Department is planning to delay the release of any completed bank stress test results until after the first-quarter earnings season to avoid complicating stock market reaction, a source familiar with Treasury’s discussions said on Tuesday. The Treasury is still talking about how results of the regulatory stress tests on the 19 largest U.S. banks will be released, and may disclose them as summary results that are not institution-specific, the source said.”

One of the Obama myths is that “the banks are out of the woods.” So why is it necessary to delay a report like this? Would it “complicate stock market reaction” to learn that America’s banks are almost all insolvent?

Reuters goes on: “The government is testing how the largest banks would fare under more adverse economic conditions than are expected in an attempt to assess the firms’ capital needs. The tests are due to be completed by the end of April… The source, speaking anonymously because the Treasury has not made a final decision on what to disclose, said officials do not want any test results released before the earnings season wraps up for most U.S. banks on April 24.”

Geesh, the news must be really bad. (more…)


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