Thursday, July 29, 2010

Fed Board Member's Deflation Warning Hints at Policy Shift

Breaking News Alert The New York Times Thu, July 29, 2010 -- 12:24 PM ET -----

James Bullard, the president of the Federal Reserve Bank of St. Louis, warned on Thursday that the Fed's current policies were putting the American economy at risk of becoming "enmeshed in a Japanese-style deflationary outcome within the next several years." The warning by Mr. Bullard, who is a voting member of the Fed committee that determines interest rates, comes days after Ben S. Bernanke, the Fed chairman, said the central bank was prepared to do more to stimulate the economy if needed, though it had no immediate plans to do so. A subtle but significant shift appears to be occurring within the Federal Reserve over the course of monetary policy, amid increasing signs that the economic recovery is weakening. Mr. Bullard had been viewed as a centrist, and associated with the camp that saw inflation, the Fed's historic enemy, as a greater threat than deflation.

Tuesday, July 27, 2010

Oil Spill Timeline - Obama in Action

Oil Spill Timeline Update Day 84 from RightChange on Vimeo.

Attack of the 50 ft Pelosi

Updated Attack of the 50 Foot Pelosi from RightChange on Vimeo.

Proof at Last - Richard Cloward was a "DSAer"

The late sociologist Richard Cloward, was together with his wife, Frances Fox Piven, the originator of the famous Cloward Piven Strategy.

Allegedly adopted by ACORN and other groups on the left, the strategy involved deliberately loading as many people as possible onto state welfare rolls, to the point where the system was bankrupted. The systemic crisis thus created would provide pretext for demanding fundamental change at the federal level: wholesale income redistribution -- in other words, socialism.

Saturday, July 17, 2010

New Black Panthers tied to mainstream NAACP


Here's how the New Black Panthers (NAACP) stand on Osama Bin Ladin. It's about time the NAACP chose sides.

Saturday, July 10, 2010

Not Educated Enough??

Here is CNN's Rick Sanchez waxing eloquent about how conservative Radio Personalities are just not educated enough in his view. This is the same Rick Sanchez who stuck and severely injured a man while leaving a Miami football game. He then left the scene of the accident and came back later and told the police he had gone home and had a beer or two because he was so upset. Brilliant guy don't you think!!!

Friday, July 9, 2010

Obama Press Secretary Eats Upper Lip Rather Than Admit Truth


Here we go again! President Obama appoints a radical Harvard professor who is an avowed socialist and "redistribute the wealth proponent". Obama's Press Secretary is clueless as to Mr. Berwick's public statements. But, more likely Gibbs is just a liar in the Obama mold. Since when does a democratic President need to use recess appointments to avoid a democratic controlled Senate. Remember that Democrats have a 13 to 7 advantage on committees so Republicans can stop nothing without a filibuster and none are threatened. No, the reason is that Obama is so radical and surrounds himself with such radical people that even his democrat supporters cannot stomach them.

Thursday, July 8, 2010

Is Spy Swap a Cover for the"real" Manchurian Candidate


So how does this make sense... We swap 10 spys after having them in custody less than a week for a Russian scientist imprisoned for 9 years who had worked for a British firm. Get em out of town before any talked... What Socialist/Communist Head of the US government was being protected???

The Elite Turn Against Obama

The Elite Turn Against Obama The left finally admits that Obama Policies are damaging the US economy. “The real problem we have,” Mort Zuckerman said, “are some of the worst economic policies in place today that, in my judgment, go directly against the long-term interests of this country.”

Wednesday, July 7, 2010

Double Dip in Housing Market Underway

The final figures for the U.S. housing market's performance thus far in 2010 won't be officially released for several weeks. But a review of the best preliminary data available indicates that the recovery in home values that began in early 2009 has stalled. A second dip is clearly under way in some places, if not across the entire U.S.

Sunday, July 4, 2010

Carter Had Misery Index - Obama Owns Gloom


Job gloom at all-time high NEW YORK (CNNMoney.com) -- More Americans than ever before feel they have no hope of finding a job.

A record 1.21 million people want to work, but said they aren't looking because of the weak labor market, according to federal statistics released Friday. The June figure is up from 793,000 a year ago.

HAPPY 4TH OF JULY!!


HAPPY 4TH OF JULY! WHILE CELEBRATING THE DAY OUR FOUNDERS SIGNED THE DECLARATION OF INDEPENDENCE IT IS MORE THAN FITTING TO REMEMBER THE SACRIFICES THEY AND PATRIOTS OVER THE GENERATIONS HAVE MADE AND CONTINUE TO MAKE TO PRESERVE THEIR ORIGINAL IDEALS AND THE MIRACLE THOSE SACRIFICES HAVE CREATED. ENJOY THIS DAY OF CELEBRATION...

Saturday, July 3, 2010

Jefferson Changed Subjects to Citizens


This is important in light of Elena Kagan's refusal to grant any weight to original documents of U.S. founding other than the constitution itself. Why should she want to know what the framers were thinking when her obvious goal is to rewrite the resulting constitution to be more in line with her Progressive aims.

Disaster in the Gulf


A great summary of the Gulf of Mexico oil disaster, executive branch ineptitude (lack of experience counts folks) and the reason the framers of the constitution limited the power of the federal government.

Friday, July 2, 2010

Arthur Laffer forecast


An absolute must read from Arthur Laffer and the WSJ. Here's my choice of a takeaway quote, "And it's also simple enough for most people to understand that if the government taxes people who work and pays people not to work, fewer people will work. Incentives matter."

Week in Mainstream Media Bias

Week in Mainstream Media Bias

Thursday, July 1, 2010

California Representative Pete Stark Mocking America and Constituents

How arrogant can one repeatedly elected California Congressman get. Every American should see this and run this idiot out of Congress on a rail.... Tar and Feathers are totally appropriate for this fool.

Stocks dive as second quarter ends

Given the economic policies in place, who could possibly be surprised at the direction of stocks. Remember that markets forecast 6 to 9 months ahead. Ergo, things will get much worse long before they get any better.

Stocks dive as second quarter ends