Tag Archives: Transparency

UPDATEx2: China Orders Its Reserve Managers to Divest

Posted on February 16, 2010 | Leave a comment

Dollar-denominated risk assets, including asset-backed securities and corporates, are no longer wanted at the State Administration of Foreign Exchange (SAFE), nor at China’s large commercial banks. The Chinese government has ordered its reserve managers to divest itself of riskier securities and hold only Treasuries and US agency debt with an implicit or explicit government guarantee. This already has been communicated to American securities dealers, according to market participants with direct knowledge of the events. Read more …

UPDATE: Is this connected?

UPDATEx2: JAPAN Is Now Largest Holder of U.S. Debt
China threatened to dump US debt this week over the sale of $6.4 billion of American weapons to Taiwan. But, it looks like it’s already started. In December China dumped $34.2 billion in US treasuries making Japan the largest holder of US debt.

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Posted in Deficit, Economy

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Dems Cost US $2.36T in Lost Oil Money

Posted on February 16, 2010 | 1 comment

“No Profit for US in Oil.” Is that the new (or not) battle cry for the Democrats?

But they raised the debt ceiling by how much?? They willingly spent just one-third (so far) of the $787B Stimulus package so far. Where did that one-third go? And what about the rest since they can’t stop talking about a second (no, that’s a Jobs bill)?

I could go on. But I am sure you get the point. Congress and the Administration have very little, if any, math and budget skills.

Since they won’t listen to us, we have to turn them out.

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Posted in Corruption, Deficit, Economy, Energy, Ethics

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What Happened to Global Warming

Posted on February 14, 2010 | Leave a comment

Apparently, nothing happened other than the following:
– Data for vital ‘hockey stick graph’ has gone missing
– There has been no global warming since 1995
– Warming periods have happened before – but NOT due to man-made changes
The academic at the centre of the ‘Climategate’ affair, whose raw data is crucial to the theory of climate change, has admitted that he has trouble ‘keeping track’ of the information.
DailyMail has the rest of the story …

And even now, the UN now has to contend with scientists casting doubt on their previously unequivocal claims of global warming.
This article is quite enlightening.

Third, a background note by the Intergovernmental Panel on Climate Change (IPCC) said a 2007 report wrongly stated that 55 percent of the country was below sea level since the figure included areas above sea level, prone to flooding along rivers.
(It’s actually much less than 55 percent.)
Reuters has the rest of the article.

Is it any wonder we should always question everything fed to us?

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Posted in Ethics, Global Warming

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Video: The Gall To Lecture Us

Posted on February 13, 2010 | Leave a comment

Today, Barack Obama had the gall to lecture America on politicians who, “Talk the talk but won’t walk the walk on fiscal responsibility.”

The height of hypocrisy.

In the meantime, I must manage my monthly budget frugally to ensure I can pay the monthly bills as well as plan (set aside unspent funds) for future, necessary bills and expenses.

Why doesn’t The President and Congress get that?

Probably because the POTUS now blames Bush (again) for his $1.3T deficit (that we know was created by the overspending POTUS). Sheesh.

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Posted in Corruption, Deficit, Economy, Ethics

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Census Decision Could Include Prisoner Count

Posted on February 12, 2010 | 2 comments

Cities want them counted and included based on their original home residency.
Not where they are residing now. For years.

Remember NIMBY? Not in my back yard? Apparently the cities want to forget that approach as it pertains to census figures and redistricting. Just never mind where those prisons actually are.

How (in)convenient. And guess who made this subtle change?

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Posted in Constitution, Ethics

Tagged , ,

Expiration Date: Middle Class Tax Hikes

Posted on February 11, 2010 | 1 comment

President Obama fooled middle-class voters into supporting him in 2008 with this pledge. Didn’t he? He said this during his 2008 campaign:

“No family making less than $250,000 will see any form of tax increase. … not any of your taxes.”

And now, he says he is an “agnostic” about that. Can you believe that?

Why can’t we have an honest President? Eh?

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Posted in Deficit, Economy, Ethics

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UPDATEDx5: Summit: GOP – Show Up And Argue Points

Posted on February 11, 2010 | Leave a comment

Don’t miss this opportunity, GOP.

It is equally important to the public at large that you be seen fighting for us. As opposed to just turning your backs on this Summit meeting.

If you don’t, this could likely backfire and lend more fuel to the Administration’s rhetoric in the MSM.

We, the country and Constitution, cannot afford that. Help us, by showing up and doing your job by fighting for us.

Please and Thank You.

UPDATE:
Thank you, House Republican Whip Eric Cantor.

UPDATEx2: According to Speaker Pelosi, this event is a trick and the Dems will use reconciliation to force the existing bill through. Pay attention folks.

UPDATEx3: Rasmussen has the figures for how many of us would prefer that Congress start all over again to reform healthcare

UPDATEx4: Dick Morris has a very good article on how the Republicans should address this. I like it.

UPDATEx5: The invites are out.

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Posted in Deficit, Economy, Ethics

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Pattern of Ignoring Independent Analysis

Posted on February 11, 2010 | Leave a comment

For the first time by any administration in memory, the Obama budget forecast rejects the Medicare Trustees’ projections for long-run healthcare cost growth. Why would the White House do this?

Read the whole thing. The 2011 Budget has rigged the Healthcare economic assumptions.

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Posted in Constitution, Corruption, Deficit, Ethics

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Reminder: Sen. Reid versus Recess Appointments

Posted on February 11, 2010 | Leave a comment

Now, and then.

Criminal, I think. Your opinion?

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Posted in Corruption, Ethics

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Pro-Life Groups Illegally Investigated

Posted on February 11, 2010 | Leave a comment

By the government AND the police. For absolutely no reason at all.

DHS admitted it. Destroyed all its assessment copies. But shared with Wisconsin’s intel and local police force. The police force kept its copy but won’t release it to affected parties.

Read the whole thing. Still think the country is in the best of hands?

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Posted in Constitution, Corruption, Ethics, Rights

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