Category Archives: Economy

Amnesty, Get Ready For It

Here it comes. It appears that the POTUS is lining up his supporters for this.

Fight it with everything you got.

This affects your employment, your earnings, your kids jobs outlook and their earnings – as well as hidden costs to support the well being of illegals that have no desire to become Americans.

Fast Work Shoddy Work When Sleepless

That’s what Congress has done. Thoroughly unprofessional.

There can be only one reason for this. And it has nothing to do with what they quoted for the reporters.

They are concerned, scared probably, that come November – they won’t be able to do what they just did to us.

Legacy – thy name is folly. May God Help Us.

“It’s a great moment. I’m proud to have been here,” said a teary-eyed Sen. Christopher J. Dodd (D-Conn.), who as chairman of the Senate Banking Committee led the effort in the Senate. “No one will know until this is actually in place how it works [Edit: Here we go again!]. But we believe we’ve done something that has been needed for a long time. It took a crisis to bring us to the point where we could actually get this job done.”

Which crisis was this Senator? Mortgage? Foreclosures? Economy? Your property in Ireland?

Don’t Pay, Just Seize Them

That’s the approach Hugo Chavez takes. And takes. (Notice a pattern here?)

Yup, he won’t pay $100M owed to a U.S. company for working their oil rigs providing product to Venezuela. Oh yeah, definitely the free enterprise system doesn’t work there.

At least, the government can still use this product – unlike the confiscated foodstuffs rotting in warehouses, right?

UPDATEx3: Disaster In More Ways Than One

Ecological, economical, long term.

And not just to Louisiana, although they were hit first. (Over two months now.)

There are numerous (35?) drilling platforms affected by the POTUS’ oil drilling moratorium.

Millions of dollars per day is negatively affected. Jobs to be lost. Platforms will be lost also. What will this do to our supply chain? (As if I didn’t know.)

Now, Louisiana Governor Jindal is battling the moratorium in the courtroom. As he should.
In fact, I would think other governors should join with him.

(NOTE: A friends tells me this bit about what I heard on Glenn Beck’s show may not be quite factual. I will check into this and post what I find out. What did I hear on Glenn Beck tonight about our government giving a $2B loan to Brazil’s oil drilling – which will be even deeper than the Deepwater Horizon?? Why are we giving them money we don’t have – to do something we are turning off? Excuse me, the POTUS is turning off.)

UPDATE: “Oh, no you don’t.” “Oh, yes we will.” In the meantime, local businesses there are in the middle – not being squeezed so much – but more like a taffee pull.

UPDATEx2: Well, it looks like the federal judge is NOT going to delay his ruling that DOJ wanted him to do. Which means the moratorium is dust. For now. Let’s hope.

UPDATEx3: As promised, here are some additional references to Beck’s claim (above). It appears that Beck painted the situation with a rather broad brush. Here you go:

In fact, the Export-Import bank receives no appropriations from Congress and thus does not rely on American taxpayer dollars and is also not “sending” $2 billion to the Brazilian company but offering lines of credit to U.S. firms so they can compete to land contracts as part of Petrobras’ drilling operations.

Also:

The U.S. government is preparing to provide up to $10 billion in loans to finance the development of massive hydrocarbon reserves off Brazil’s coast thought to contain 80 billion barrels of high-quality crude, an amount that could lead to a six-fold increase in Brazil’s current proven reserves and transform that nation into one of the world’s 10 largest oil producers.

Well, I still have questions about these lines of credit and loans … I mean, given our own country’s economic situation.

Shocking

For a little while. Only as much as we can afford, right, Senator Joe?

Message to you, Joe, we don’t need any such legislation piled on top of us like you did with Obamacare. Certainly not on top of the ever spiraling debt.

If anything, of those 50 that want to vote for it – we want those 50 to switch and vote AGAINST it! Along with those 20.

Uncovered

So they haven’t a clue how to do the job except to whine about it?

Gee, where have we heard that before?

From Gateway Pundit:

The AP reported:

The panel appointed by President Barack Obama to investigate the Gulf of Mexico oil spill is short on technical expertise but long on talking publicly about “America’s addiction to oil.” One member has blogged about it regularly.

Yet another blow against “doing one’s job” in the government.

Unbalanced and Unchecked

You probably won’t remember this one, but if you do – get very nervous.

Former Inspector General Gerald Walpin was ‘fired’ by President Obama last year because he (IG Walpin) was investigating California mayor Kevin Johnson for misusing Americorps money.

And now, a D.C. federal judge has dismissed the wrongful-termination lawsuit filed by IG Walpin.

The law says the president must give Congress 30 days’ notice, plus an explanation, before firing an inspector general. But that’s not how it went down.

This lawsuit dismissal means that the White House will be able fire other inspectors general, as it fired Walpin, without fear of legal consequences.

And these IGs are supposed to provide for oversight of such responsibilities as demonstrated, for instance, by the President’s close friend, Mayor Kevin Johnson.

Yup. Our country’s fiscal health is in the very best of hands. Feel better now?

Feds Insist To Waste Our Money

By suing Arizona for copying the federal law (Article 4, Section4 – to protect the states) in order to protect themselves because of the $4B costs incurred by activities of illegal aliens.

There you have it. One of the 50 states of the United States has to do the job the federal government is supposed to do – but refuses. (Psst. Hey POTUS, we all heard you take the oath to uphold the Constitution. Got that?)

How crazy stupid is this?

Here’s a job for anyone interested. Read this about a Writ of Mandamus.

Lose Your Money Lose Your Job Lose Your Home

Overdramatic? Think so? You decide.

If this projection, and the Cap and Trade Bill come to pass – then who’s to blame?

We are staring down the barrel of a financial gun that will destroy our lives our offspring’s futures and our country.

Is that what you want? I most certainly do not.

Never let a fight take your rights or your way of life.

UPDATE: What In The Wide Wide World of ….

Is going on here?

Who told those barges to stop vacuuming oil from the waters along Louisiana’s shores?

UPDATE: Oh, these guys shut them down. Well, at least it was temporary. Thanks to Governor Jindal.