America is now a state run corporation
Today on Fox Business News, former Time Warner AOL CEO Gerald Levin declared, “You know basically what we have now is a new CEO and it happens to be the president of the United States and new CFO that happens to be — Tim Geithner. And I think we’ll never see business as usual again”. So there you have it – even powerful business leaders are acknowledging that the President has taken the government and is using it to nationalize private businesses. He went on to say, “You know who’s to say, who’s going to do a better job with General Motors or Citibank at this point. Because up until now things have not been going well at all. And it’s time I think not only to put some principals back in executive pay but also trying to get CEOs to be — a part of society. You know let’s shop at Costco and you know let’s fly Coach for awhile and let’s not have a class society where the disparity between what — the CEO makes and what people in the company — is so large. As to be almost unfair and unjust.”….. Seriously? – this guy made tens of millions per year at Time Warner, I’m sure this made him a regular Joe at the office.
However, the message here is the nationalization of American businesses and banks is real and is happening. Capitalism is on the ropes and socialism is on the rise. The question is what are we going to do about it? To see this disturbing interview, go to:
Tough New Obama Terror Policy ……..Enemy Combatants get Miranda Rights!
Miranda rights are being read to suspected terrorists at military detention facilities in Afghanistan. This practice could result in a shift from a war against terrorists to legal battles against criminal defendants.
The Department of Justice acknowledges terrorist suspects have been read Miranda rights, at Bagram Air Base in Afghanistan and other places but claim it is to “preserve the quality of evidence obtained.”
Rep. Mike Rogers, R-MI of the House Intelligence Committee has visited bases in Afghanistan and Bagram. He said the practice is causing chaos, confusion and frustration in the field. “We don’t want our soldiers thinking, is this a law enforcement event or is this, a combat event,” Rogers said, “It’s shocking to believe that we’re going to give non-United States citizens in combat zones who are training, equipping and planning to kill United States citizens and our military and treat them as if they’re U.S. citizens and afford them those rights.” Read more below:
Today’s Crazy Quotes from the Left: On The Environment
By David Foreman, co-founder of Earth First!: “We must make this an insecure and inhospitable place for capitalists and their projects. We must reclaim the roads and plowed land, halt dam construction, tear down existing dams, free shackled rivers and return to wilderness millions of acres of presently settled land.”
By Harry Reid, Democrat, U.S. Senate majority leader: “Coal makes us sick. Oil makes us sick. It’s global warming. It’s ruining our country. It’s ruining our world.”
By Robert F. Kennedy, Jr.: “Large-scale hog producers are a greater threat to the United States and U.S. democracy than Osama bin Laden and his terrorist network.”
By Ted Turner, billionaire, founder of CNN and major UN donor: ‘Global warming’ will kill most of us, and turn the rest of us into cannibals.”
By Noel Brown, UN official: “Entire nations could be wiped off the face of the Earth by rising sea levels if the global warming trend is not reversed by the year 2000. Coastal flooding and crop failures would create an exodus of “eco-refugees,” threatening political chaos.” (Yes, he meant the year 2000.)
By Paul Ehrlich, professor, Stanford University: “Giving society cheap, abundant energy would be the equivalent of giving an idiot child a machine gun.”
By Ted Turner, billionaire, founder of CNN and major UN donor: “A total population of 250-300 million people, a 95% decline from present levels, would be ideal.”
By Jeffery Sachs, Columbia University, Director of The Earth Institute: “Obama is already setting a new historic course by reorienting the economy from private consumption to public investments…free-market pundits bemoan the evident intention of Obama and team to ‘tell us what kind of car to drive’. Yet that is exactly what they intend to do…and rightly so. Free-market ideology is an anachronism in an era of climate change.”
By Emma Brindal, a climate justice campaigner coordinator for Friends of the Earth: “A climate change response must have at its heart a redistribution of wealth and resources.”
These are examples of the agenda of left wing environmentalists. They are dangerous to all Americans. The Waxman Markey Climate Change Bill is one of the most dangerous pieces of legislation ever proposed. Please read my previous blogs on the bill and on cap & trade. This legislation will undermine our economy and by doing so our national sovereignty will be put at risk as well.
There are many ways to improve our stewardship of the earth without destroying our country. I support cleaner cars, energy and general environmental stewardship but a balance must be established to protect both our country and our planet. Responsible citizens owe it to themselves and future generations to research the proposals being discussed and make their voices heard. We can not leave our future in the hands of politicians, lobbyists and zealot environmentalists.
And now for a glimmer of hope…………..
East Texas Congressman introduces bill in the House to sunset T.A.R.P. by year’s end
(June 8, 2009) Rep. Jeb Hensarling R-Texas, introduced a bill which sets a Dec. 31 deadline for the Treasury Department to loan remaining TARP (Troubled Asset Relief Program) money to banks or forfeit it. Also this week an announcement that some banks will be allowed to repay their TARP loans is expected. These banks, including JPMorgan Chase, American Express Co., BB&T Corp., U.S. Bancorp, Capital One Financial Corp. and Bank of New York Mellon Corp., have passed their stress tests clearing the way for repayment.
Congressional Republicans have been unhappy with the way the TARP money was being used citing that the money was allocated to purchase the “toxic assets” of troubled financial institutions. However, both the Bush and Obama administrations have abused this program loaning money to the automakers and insurance companies as well as banks fueling “taxpayer ownership” of private businesses. In light of this, Republican lawmakers would like to return the unused and repaid money back to the Treasury and terminate the program.
“It’s time to terminate the TARP program,” Rep. Jeb Hensarling, R-Texas, told reporters. “TARP is increasingly not being a vehicle for economic stability and taxpayer protection but is evolving into 700 billion dollar revolving slush fund that the administration can use to advance economic, social and political agenda items far and apart from what Tarp was ever designed to do.” He also said his legislation calls for reducing the amount of the TARP program by recalling all currently unspent funds and sets a Dec. 31, 2009 deadline for the allocation of TARP funds. It also kills a provision in last year’s Emergency Economic Stabilization Act that would enable Treasury Secretary Tim Geithner to renew the TARP program for two more years.
“The economy is in serious condition but we have gone past the emergency point. I fear that TARP is no longer what Congress thought it was when it passed it and I certainly do not believe it’s what the American taxpayer thought it was,” said Hensarling, who sits on the House Financial Services committee.
It appears that at least one Congressman realizes that the Federal government is not supposed to be buying up private businesses. America needs more of this kind of leadership in Congress!
“The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” Thomas Jefferson, letter to John Taylor, May 28, 1816