Obama. The Great Unifier...

Obama calls for new beginning between US, Muslims
By MARK S. SMITH, Associated Press Writer Mark S. Smith, Associated Press Writer
Thu Jun 4, 10:29 am ET

CAIRO – Quoting from the Quran for emphasis, President Barack Obama called for a "new beginning between the United States and Muslims" Thursday and said together, they could confront violent extremism across the globe and advance the timeless search for peace in the Middle East.
"This cycle of suspicion and discord must end," Obama said in a widely anticipated speech in one of the world's largest Muslim countries, an address designed to reframe relations after the terrorist attacks of Sept. 11, 2001, and the U.S.-led war in Iraq.

Why do I think BHO sees the world through rose colored glassed?

Wow. Is He Really Qualified? (I mean BHO, not this guy..)

The 31-Year-Old in Charge of Dismantling G.M.
THE WALLS TREET JOURNAL
By DAVID E. SANGER
Published: May 31, 2009

WASHINGTON — It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.

But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.

It's nice to know we have someone so qualified helping to craft economic policy directly effecting a few million jobs...(This time I do mean Brian Deese, not BHO.)

Really?

THE WHITE HOUSE
Office of the Press Secretary
___________________________________________________________
For Immediate Release June 1, 2009
LESBIAN, GAY, BISEXUAL, AND TRANSGENDER PRIDE MONTH, 2009
- - - - - - -
BY THE PRESIDENT OF THE UNITED STATES OF AMERICA
A PROCLAMATION


Forty years ago, patrons and supporters of the Stonewall Inn in New York City resisted police harassment that had become all too common for members of the lesbian, gay, bisexual, and transgender (LGBT) community. Out of this resistance, the LGBT rights movement in America was born. During LGBT Pride Month, we commemorate the events of June 1969 and commit to achieving equal justice under law for LGBT Americans.

LGBT Americans have made, and continue to make, great and lasting contributions that continue to strengthen the fabric of American society. There are many well-respected LGBT leaders in all professional fields, including the arts and business communities. LGBT Americans also mobilized the Nation to respond to the domestic HIV/AIDS epidemic and have played a vital role in broadening this country's response to the HIV pandemic.

Due in no small part to the determination and dedication of the LGBT rights movement, more LGBT Americans are living their lives openly today than ever before. I am proud to be the first President to appoint openly LGBT candidates to Senate-confirmed positions in the first 100 days of an Administration. These individuals embody the best qualities we seek in public servants, and across my Administration -- in both the White House and the Federal agencies -- openly LGBT employees are doing their jobs with distinction and professionalism.

The LGBT rights movement has achieved great progress, but there is more work to be done. LGBT youth should feel safe to learn without the fear of harassment, and LGBT families and seniors should be allowed to live their lives with dignity and respect.

My Administration has partnered with the LGBT community to advance a wide range of initiatives. At the international level, I have joined efforts at the United Nations to decriminalize homosexuality around the world. Here at home, I continue to support measures to bring the full spectrum of equal rights to LGBT Americans. These measures include enhancing hate crimes laws, supporting civil unions and Federal rights for LGBT couples, outlawing discrimination in the workplace, ensuring adoption rights, and ending the existing "Don't Ask, Don't Tell" policy in a way that strengthens our Armed Forces and our national security. We must also commit ourselves to fighting the HIV/AIDS epidemic by both reducing the number of HIV infections and providing care and support services to people living with HIV/AIDS across the United States.

These issues affect not only the LGBT community, but also our entire Nation. As long as the promise of equality for all remains unfulfilled, all Americans are affected. If we can work together to advance the principles upon which our Nation was founded, every American will benefit. During LGBT Pride Month, I call upon the LGBT community, the Congress, and the American people to work together to promote equal rights for all, regardless of sexual orientation or gender identity.

NOW, THEREFORE, I, BARACK OBAMA, President of the United States of America, by virtue of the authority vested in me by the Constitution and laws of the United States, do hereby proclaim June 2009 as Lesbian, Gay, Bisexual, and Transgender Pride Month. I call upon the people of the United States to turn back discrimination and prejudice everywhere it exists.

IN WITNESS WHEREOF, I have hereunto set my hand this first day of June, in the year of our Lord two thousand nine, and of the Independence of the United States of America the two hundred and thirty-third.

BARACK OBAMA

Facts (stubborn things:)

GLBT % of population:
1.51% of the total U.S. population identifies themselves as gay, lesbian or bisexual, or 4.3 total million Americans. These numbers are based on figures provided by a broad-based coalition of gay rights organizations and homosexual advocacy groups. The primary source cited was the The National Health and Social Life Survey (NHSLS), published in the book The Social Organization of Sex: Sexual Practices in the United States (1994), by Laumann, Gagnon, Michael and Michaels.

Cost to U.S. Government (the "We the people" in our founding documents):
The federal government spent $6.1 billion on influenza-related programs in 2006, less than half as much as the $13.7 billion dollars it spent on HIV/AIDS programs that year, according to figures provided to CNSNews.com by the Department of Health and Human Services (HHS).

During the same time, seasonal flu claimed 56,326 lives in the U.S., while AIDS-related deaths stood at 12,113.

Here are a Couple Intersting Tidbits...

From the Patriot Post
Friday Digest
5/22/2009

The Least Obvious Cut
Despite a bloated budget that expands government, President Obama vowed to cut or get rid of programs he considers useless or wasteful. But as a favor to his union buddies, one of Obama's real dollar cuts comes at the expense of the Office of Labor-Management Standards -- an agency that became a guardian of workers' rights under the Bush administration and whose investigations during his tenure led to 900 convictions of corrupt union officials.

Obama's budget proposal cuts $4 million in funding for the agency and requires resources to be transferred from the union watchdog to other agencies focusing on employers. Furthermore, the little guy who works in the union shop can no longer find out just how his hard-earned dues are spent -- on AIG-style perks, for example. The Obama Labor Department will not enforce the disclosure requirements put in place under President Bush.

With Big Labor now sitting in the catbird seat at two of the Big Three automakers and with billions in federal funding to fall back on, removing a watchdog agency geared toward policing union scofflaws doesn't seem like it benefits the American taxpayer, nor will it bolster their confidence in the new UAW-led regimes at GM and Chrysler.

And...

News From the Swamp: Utah Gov. Tapped for China Post

Four months after assuming the office of Chief Executive, President Obama finally got around to filling the key post of Ambassador to China by selecting Jon Huntsman Jr., Utah governor. Huntsman, first elected as Utah's governor in 2004, is well versed in Asian affairs and is fluent in Mandarin. He previously served as a deputy trade representative under President George W. Bush from 2001-2004 and was ambassador to Singapore from 1992-1994.

While Huntsman is a fine selection, his nomination continues an Obama trend of naming possible political opponents to inferior positions in his administration. Naming Hillary Clinton as secretary of state is an obvious example, but another was his bid to remake the Senate by tapping Sen. Judd Gregg (R-NH) to be secretary of commerce, a post Gregg eventually declined. Huntsman was on the verge of forming an exploratory committee for 2012. As has long been the case with Obama, he prefers to clear the playing field rather than compete on a level one.

I HIGHLY reccomend you subcribe to the Patriot Post...

Note to Obama Administration: "If it walks like a duck and it talks like a duck..."

American capitalism gone with a whimper

Front page / Opinion / Columnists
27.04.2009
Source: Pravda.Ru

It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

....lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

First, the population was dumbed down through a politicized and substandard education system based on pop culture, rather then the classics. Americans know more about their favorite TV dramas then the drama in DC that directly affects their lives. They care more for their "right" to choke down a McDonalds burger or a BurgerKing burger than for their constitutional rights. Then they turn around and lecture us about our rights and about our "democracy". Pride blind the foolish.

Then their faith in God was destroyed, until their churches, all tens of thousands of different "branches and denominations" were for the most part little more then Sunday circuses and their televangelists and top protestant mega preachers were more then happy to sell out their souls and flocks to be on the "winning" side of one pseudo Marxist politician or another. Their flocks may complain, but when explained that they would be on the "winning" side, their flocks were ever so quick to reject Christ in hopes for earthly power. Even our Holy Orthodox churches are scandalously liberalized in America.

The final collapse has come with the election of Barack Obama. His speed in the past three months has been truly impressive. His spending and money printing has been a record setting, not just in America's short history but in the world. If this keeps up for more then another year, and there is no sign that it will not, America at best will resemble the Wiemar Republic and at worst Zimbabwe.

Even Pravda can see it happening. Why can't NBC, MSNBC, CNBC, CNN, CNNHLN, CBS, or ABC? Oh, that's right. They, too are Maxist's is sheeples clothing....

Like I Said Before, "And Bush Was The Stupid one?"

The Politico
Ben Smith
May 29, 2009
Categories: White House

In which the president discovers an American intelligence agency at Five Guys

On his trip to get a burger with Brian Williams at Five Guys this afternoon, the President appears to have learned of the existence of a Defense Department intelligence arm, the National Geospatial Intelligence Agency, from an agency employee also at the burger restaurant.

"So explain to me exactly what this National Geospatial..." Obama said, after the worker mentioned his employer, according to a video of the event.

"We work with, uh, satellite imagery," the worker, Walter replied.

A POLITICO reader caught the exchange, which starts around 5:45 on this C-SPAN video.

The transcript:

Obama: What do you do Walter?
Walter: I work at, uh, NGA, National Geospatial-Intelligence Agency
Obama: Outstanding, how long you been doing that?
Walter: About six years
Obama: Yea?
Walter: Yes.
Obama: You like it?
Walter: I do, keeps me...
Obama: So explain to me exactly what this National Geospatial...uh...
Walter: Uh, we work with, uh, satellite imagery..
Obama: Right
Walter: [unintelligible] ...support systems, so...
Obama: Sounds like good work.
Walter: Enjoy the weekend.
Obama: Appreciate it.

According to the Defense Department:

The National Geospatial-Intelligence Agency (NGA) is a Department of Defense combat support agency and a member of the national Intelligence Community (IC). NGA develops imagery and map-based intelligence solutions for U.S. national defense, homeland security and safety of navigation.

NGA provides timely, relevant and accurate geospatial intelligence in support of national security objectives. The term "geospatial intelligence" means the exploitation and analysis of imagery and geospatial information to describe, assess and visually depict physical features and geographically referenced activities on the Earth. Geospatial intelligence consists of imagery, imagery intelligence and geospatial (e.g., mapping, charting and geodesy) information.

Guess they're not getting much airtime in the President's Daily Brief.

Here It Comes...... Inflation Alert!

Bond Vigilantes Confront Obama as Housing Falters (Update3)
By Liz Capo McCormick and Daniel Kruger
May 29 (Bloomberg) -- They’re back.

What bond investors dread is accelerating inflation after the government and Fed agreed to lend, spend or commit $12.8 trillion to thaw frozen credit markets and snap the longest U.S. economic slump since the 1930s. The central bank also pledged to buy as much as $300 billion of Treasuries and $1.25 trillion of bonds backed by home loans.

At moment we may be ok, but it is coming.... Are you ready....?

I Could Not Have Said It Better Myself (Though I Never Tried)

Secularism vs. Civitas
by Jed Babbin
HUMANEVENTS.COM
05/13/2009

Secularism is a euphemism for a set of beliefs that are the antithesis of faith. Boiled down to its basic elements, secularism is man’s subordination of morality to his own earthly judgments, scientific and otherwise.

...the secularist catechism holds that truth is subjective, relative or contextual; because it demands that rationality can solve moral and ontological questions about man’s nature, that discrimination is the greatest of all evils and that patriotism is the only social disease that isn’t sexually-transmitted.

Obama’s thesis -- which [Herbert] London’s book thoroughly debunks -- is that our moral code can exist in the absence of a religious foundation. London writes that secularism -- and its cousin, multiculturalism -- are the primary causes of the weakening of western society at a most dangerous time in history.

To the secularist, civitas -- and its first cousin, patriotism -- are to be scorned in favor of man’s immediate needs and self-defined values. The secularist believes that man’s first duty is always to himself. The phrase “duty, honor, country” so deeply valued among our warriors, means nothing to the secularist.

A Good Memorial Day Editorial...

I have not had much reason to agree with Peggy Noonan lately, but once in a while, she she gets it right...

"More than most nations, America has been, from its start, a hero-loving place. ... George Washington was our first national hero, known everywhere, famous to children. When he died, we had our first true national mourning, with cities and states re-enacting his funeral. There was the genius cluster that surrounded him, and invented us -- Jefferson, Adams, Madison, Hamilton. Through much of the 20th century our famous heroes were in sports (Jack Dempsey, Joe Louis, the Babe, Joltin' Joe) the arts (Clark Gable, Robert Frost) business and philanthropy (from Andrew Carnegie to Bill Gates) and religion (Billy Graham). Nobody does fame like America, and they were famous. The category of military hero -- warrior -- fell off a bit, in part because of the bad reputation of war. Some emerged of heroic size -- Gens. Pershing and Patton, Eisenhower and Marshall. But somewhere in the 1960s I think we decided, or the makers of our culture decided, that to celebrate great warriors was to encourage war. And we always have too much of that. So they made a lot of movies depicting soldiers as victims and officers as brutish. This was especially true in the Vietnam era and the years that followed. Maybe a correction was in order: It's good to remember war is hell. But when we removed the warrior, we removed something intensely human, something ancestral and stirring, something celebrated naturally throughout the long history of man. Also it was ungrateful: They put themselves in harm's way for us." --columnist Peggy Noonan

And Bush Was the Stupid One...?

Which Gates? Obama flubs defense chief's name
May 21 10:24 AM US/Eastern

WASHINGTON (AP) - President Barack Obama sees his secretary of defense just about every day, but he still flubbed Robert Gates' name on Thursday. Gates was in the crowd for Obama's national security speech. Pointing him out, the president said "William Gates" was on hand. Perhaps Obama was thinking of Bill Gates, the Microsoft billionaire.

The defense chief, who goes by Bob, was also misidentified at a Pentagon ceremony on Tuesday. Then, he was introduced as Ronald Gates.

Gates joked then that he had recently been introduced as Bill Gates. "He's the rich one," Gates cracked.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

See video:

Obama the next Chavez?

Do You Want Your OTV?
Jake Tapper
ABC News May 20, 2009 5:56 PM

Obama White House officials decided to do their own media report on the visit, complete with cuts, interviews, and chyrons identifying who's speaking.

Also, just like a network, they have their own little logo!

Do Obama White House officials think their media coverage isn't flattering enough?

Is the goal to ultimately replace the pesky photographers who film what they want to and not what they're told to (not to mention the annoying reporters who ask uncomfortable questions about, say, detainee policy and bank bailouts)?

Do you want your OTV? (I'll bet there are a few takers out there.)

How long before it turns to this....?

Last anti-Chavez TV station faces probe, shutdown
May 16 11:29 AM US/Eastern
By CHRISTOPHER TOOTHAKER
Associated Press Writer

There is little neutral ground left in polarized Venezuela, and the media reflect this—either championing the government or touting the opposition.

What Chavez intends to do with the TV station remains unclear. But he seems to be building to a confrontation, demanding sanctions against Globovision again on Thursday in a speech in which he labeled TV executives "white-collar terrorists."

Earlier this week, he threatened severe measures against any media inciting unrest: "You are playing with fire, manipulating, inciting hatred and much more. All of you: television networks, radio stations, newspapers."

Many newspapers and radio stations that remain fiercely critical of the government. But television is a different matter. Two formerly critical stations, Venevision and Televen, have held their tongues to avoid sanctions since they were accused of supporting a 2002 coup attempt. Another anti-Chavez channel, RCTV, was booted off the airwaves in 2007 and now draws a much smaller audience of paid viewers on cable. About a fifth of Venezuelans subscribe to cable.

Hmmmmm......

Sometimes Life is Just Plain Good...

Introducing our next American Idol.....



There is no one like our God!

In a related story....

"The Architect" on BHO...

Flip-Flops and Governance
Our president isn't quite as advertised.
THE WALL STREET JOURNAL| OPINION JOURNAL

Mr. Rove has such a clear grasp of the facts and is very articulate in laying out his case, even the left will have to agree with his take on this:

Mr. Obama's appealing campaign images turned out to have been fleeting. He ran hard to the left on national security to win the nomination, only to discover the campaign commitments he made were shallow and at odds with America's security interests.

Mr. Obama ran hard to the center on economic issues to win the general election. He has since discovered his campaign commitments were obstacles to ramming through the most ideologically liberal economic agenda since the Great Society.

Mr. Obama either had very little grasp of what governing would involve or, if he did, he used words meant to mislead the public. Neither option is particularly encouraging. America now has a president quite different from the person who advertised himself for the job last year. Over time, those things can catch up to a politician.

Note: Please read the entire article.

And a big "Thank you" to Mr. Rove for staying engaged, but speaking from the facts, not simply providing hyperbole.

This I What They Should Be Watching In School...

...not Algores "pack-o-lies"



Scary stuff... I guess BHO doesn't seem too bothered by it, however. "Let's open the dialogue," he says.

Here We Go Again (Future Housing Crash Alert!)

The Next Housing Bust
THE WALL STREET JOURNAL|OPINION JOURNAL
May 5, 2009

Excerpts from the article (Take a deep breath now..):

Last year banks issued $180 billion of new mortgages insured by the FHA, which means they carry a 100% taxpayer guarantee. Many of these have the same characteristics as subprime loans: low downpayment requirements, high-risk borrowers, and in many cases shady mortgage originators. FHA now insures nearly one of every three new mortgages, up from 2% in 2006.

The financial results so far are not as dire as those created by the subprime frenzy of 2004-2007, but taxpayer losses are mounting on its $562 billion portfolio. According to Mortgage Bankers Association data, more than one in eight FHA loans is now delinquent -- nearly triple the rate on conventional, nonsubprime loan portfolios. Another 7.5% of recent FHA loans are in "serious delinquency," which means at least three months overdue.

And it continues...

The bill that passed last summer more than doubled the maximum loan amount that FHA can insure -- to $719,000 from $362,500 in high-priced markets. Congress evidently believes that a moderate-income buyer can afford a $700,000 house. This increase in the loan amount was supposed to boost the housing market as subprime crashed and demand for homes plummeted. But FHA's expansion has hardly arrested the housing market decline. The higher FHA loan ceiling was also supposed to be temporary, but this year Congress made it permanent.

Even more foolish has been the campaign to lower FHA downpayment requirements. When FHA opened in the 1930s, the downpayment minimum was 20%; it fell to 10% in the 1960s, and then 3% in 1978. Last year the Senate wisely insisted on raising the downpayment to 3.5%, but that is still far too low to reduce delinquencies in a falling market.

Do I have to say it? Ok, I guess I do... "WHY DO THEY DO THIS?"

Do I have to answer that? Ok, I guess I do... "Powerful housing lobby -- Realtors, homebuilders and mortgage bankers, backed by their friends in Congress"

Do I have an answer? "YES! TERM LIMITS!!!!!"

Why do we have to have term limits? "Because the average U.S. voter is too ignorant (intentionally or not) of what happens in Washington D.C. and they vote on name recognition (i.e., celebrity) and that is why we get stuck with people like Robert "KKK" Byrd (in the senate 60 YEARS!) and David "Obey-me" Obey (in the house since 1969!) Shut off the "career mentality" and get their butts back to the private sector (and a REAL job) and let some fresh blood into the congress!"

Apparently, We Have No Right To Privacy....

It seems the Wisconsin Court of Appeals believes your driveway is a "public place". Then why am I paying taxes on a "public place"? Does the city plow this guys driveway.

Wisconsin court upholds GPS tracking by police
By RYAN J. FOLEY | Associated Press Writer
2:42 PM CDT, May 7, 2009

There is so much wrong with this I cannot begin to documnet it all....

Pat gets it about 85% correct....

The Party of Frank Ricci
by Patrick J. Buchanan
Human Events Online
05/08/2009
My response to the article is as follows:

As usual, Pat gets it about 85% correct. Two areas of contention:

1) Iraq as an unjust war. Based on the facts at the time, it was a just war. Regardless of the fact that no WMD's were found, a potential (I say potential, because I believe BHO can screw it up for us by leaving too fast) side effect of the Iraq war is to have a lasting pseudo democracy in a Middle Eastern country, sandwiched between Saudi Arabia & Iran. If freedom reins, it would mean the eventual collapse of two totalitarian regimes without further U.S. blood shed.. My confidence was not boosted, however, when I saw the leader of the free world bow to the Saudi Prince as if he were one of his loyal subjects. BHO could (and likely will) screw up the success finally achieved in Iraq.

2. U.S. manufacturing left the U.S. because of the "WalMart Effect". This is simply stated that people will go where the money is, or money will go where the people are because the U.S. consumer demands an ever increasing standard of living. If you want to buy a white cotton undershirt made in North Carolina, you would likely have to pay about $15/shirt. Union Labor; Taxes - corporate, property, income, etc..; and government regulation - environmental, safety, etc.. have seen to that.

Even China is now outsourcing some its longtime industries (textile specifically) to Vietnam. The irony of that statement is not lost on me.

Oops... Could "San Fran Nan" Have Forgotten a Little Something?

CIA Says Pelosi Was Briefed on Use of 'Enhanced Interrogations'
By Paul Kane
Washington Post

Why do I hear her saying, "Upon advice from my counsel, I refuse to answer that question" or "I have no memory of such an event"?

Intelligence officials released documents this evening saying that House Speaker Nancy Pelosi (D-Calif.) was briefed in September 2002 about the use of harsh interrogation tactics against al-Qaeda prisoners, seemingly contradicting her repeated statements over the past 18 months that she was never told that these techniques were actually being used.

She and "Dingy Harry" Reid are a laughing stock. Complete and utter idiots. They are egotistical, elitist, pompous, arrogant and completely self serving. They will say whatever it takes to satisfy the MSM (main stream media) template for a given story. These people are the worst of the worst. They are who our founding fathers warned us about. I only hope the "unwashed" ("smelly", according to Harry Reid) masses begin to see through their hypocrisy. Soon.

I wonder if the MSM will ever choose to share the FACTS. See: Member Briefings on Enhanced Interrogation Techniques (EIT's)

Facts are terrible things to waste on liberals in the MSM.

Here is Some "Us vs Them" That Will Make You Blood Boil!

The Wall Street Journal
MAY 4, 2009 USA Inc.: The State of Capitalism
New York Fed Chairman's Ties to Goldman Raise Questions

Are you kidding me? So here is the gist of this story...

"...New York Fed's chairman, Stephen Friedman, sat on Goldman's board and had a large holding in Goldman stock, which because of Goldman's new status as a bank holding company was a violation of Federal Reserve policy.

The New York Fed asked for a waiver, which, after about 2½ months, the Fed granted. While it was weighing the request, Mr. Friedman bought 37,300 more Goldman shares in December. They've since risen $1.7 million in value."

SAY WHAT?

No, it gets better, seriously!

"The Federal Reserve Bank of New York [on which Mr. Friedman sat] shaped Washington's response to the financial crisis late last year, which buoyed Goldman Sachs Group Inc. and other Wall Street firms. Goldman received speedy approval to become a bank holding company in September and a $10 billion capital injection soon after."

But, that's not all...

"Mr. Friedman also was overseeing the search for a new president of the New York Fed, an officer who has a critical role in setting monetary policy at the Federal Reserve. The choice was a former Goldman executive."

Read that again.... How did he get away with that? Hint: Remember lil' Timmy Geithner? Yeah, now you're starting to get the picture!

"Last fall, then-New York Fed President Timothy Geithner was President-elect Barack Obama's choice to head the Treasury, and New York Fed officials say that to have forced Mr. Friedman off the board while it sought a Geithner successor would have deprived it of two leaders at a crucial time.

"Steve Friedman is a very capable chairman," said Tom Baxter, the New York Fed's general counsel, "and was the kind of person who we needed to head the search" for someone to succeed Mr. Geithner.

In Washington, the Fed's general counsel, Scott Alvarez, also says Mr. Friedman was needed during the New York Fed's transition."

Just like lil' Tim, Mr. Friedman was too important for the rules to apply to HIM.

"Rules? We don't need no stinkin' rules! Rules are for the little people. They do not apply to us! " I can hear them saying this as they laugh all the way to the bank... Probably an offshore bank...

Of course, there is an explanation:

"Because he was wasn't allowed to own the stock he had, the Fed doesn't consider his additional December purchase to be at odds with its rules at the time. The Fed had no policy requiring directors to inform it of new stock purchases, and Mr. Friedman didn't. The Federal Reserve Board is now in the process of rewriting its rules for handling situations like Mr. Friedman's."

That is typical convoluted civil servant governmental logic if I have ever heard it!

What a Difference a Week Makes...

Let's see... Obama has nationalized Chrysler (giving 55% stake the "real owners" of the company, the workers). Yeah, that'll work! Let's see how hard it is for the UAW to negotiate with the, um, UAW.... That's right; the majority shareholders will be the current and future retirees of the UAW. So, when the management (the current and future UAW retirees) has to negotiate with the workers (the current and future UAW retires) who will win? The UAW, or the UAW?

My guess?

BHO.

Since the UAW funneled $5,000,000 to the Obama campaign last election, it would seem it is payback time.

NEXT UP!

GM!