Tag: oppression

No deal

12:48 am

No deal. Key quote:

If Democrats are not going to do even minor surgery on Medicare and Medicaid and Republicans are not going to raise taxes, there is no hope of big budget deal to cut a deficit now running at 11 percent of gross domestic product.

And that raises another question. How long can the Federal Reserve continue financing these deficits? China, choking on U.S. debt, is reportedly beginning to divest itself of U.S. bonds. Japan will need to sell U.S. bonds to get hard currency to repair the damage from the earthquake and tsunami. And the Fed is about to end its QE2 monthly purchases of $100 billion in U.S. bonds. Where is the Fed going to borrow the $125 billion a month to finance this year’s deficit of $1.65 trillion, and another of comparable size in 2012? Bill Gross’ Pimco, the world’s largest bond fund, has sold all his U.S. bonds and begun to short U.S. debt. Pimco is betting that the value of U.S. Treasury bonds will begin to fall.

We may be about to enter a maelstrom.

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Ann Barnhardt vs Lindsey Graham

2:34 pm

This woman bluntly, clearly, and without apology explains freedom, the first amendment, and the difference between peaceful protest and violence to Senator Lindsey Graham (R-South Carolina).

Make sure you watch part 2 of her oration, where she goes through the worst quotes from the Koran (bookmarked with bacon strips!) and burns those pages.

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GOP 2012 budget to make $4 trillion-plus in cuts

2:07 pm

It’s a start, though it really isn’t enough: the Republican 2012 budget will call for $4 trillion-plus in cuts over the next decade.

Ryan said Obama’s call for freezing nondefense discretionary spending actually locks in spending at high levels. Under the forthcoming GOP plan, Ryan said spending would return to 2008 levels and thus cut an additional $400 billion over 10 years. [emphasis mine]

Note that no one was starving and children weren’t dying for lack of federal spending in 2008.

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Two beheaded and eight others murdered in protest against Koran burning

2:22 pm

The religion of peace: Two beheaded and eight others murdered in Afghanistan today in protest against Koran burning.

Burning the Koran might have been a poor idea, but such an act doesn’t justify murder.

Then there’s this: Penn State students assaulted for putting up a display outlining what they considered Palestinian lies.

Once again, the only answer Islam can give to criticism is violence.

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AARP’s Billion Dollar ObamaCare Windfall

9:41 am

So this is why they lobbied for the crappy bill: AARP’s billion dollar Obamacare windfall.

Almost half of the $500 billion in ObamaCare’s Medicare cuts come out of Medicare Advantage. The cuts don’t kill the program, but they mortally wound it. CBO estimates that the Medicare Advantage program will be cut in half, causing over 7 million seniors to lose their health care coverage. They will be forced to return to traditional Medicare and, in most cases, will need to purchase Medi-Gap coverage.

Using very conservative assumptions (AARP keeps its current share of the Medi-Gap market and premiums don’t rise), this increase in the Medi-Gap market will generate more than $100 million a year in additional license fee revenue for AARP. Over a billion dollars every decade. Keep in mind, this revenue is simply for using AARP’s name, so it is almost pure profit.

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Geert Wilders: Time to Unmask Muhammad

9:45 am

Geert Wilders: Time to unmask Muhammad.

Anyone who voices criticism of Islam and Muhammad is in grave personal danger – as I have experienced. And whoever attempts to escape from the influence of Islam and Muhammad risks death. We cannot continue to accept this state of affairs. A public debate about the true nature and character of Muhammad can provide insight and support to Muslims all over the world who wish to leave Islam.

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