Friday, July 24, 2009

AROUND THE NEWS

While the Health Care take over is hitting resistance, and Our Dear Leader is losing popularity on the home front, it seems their International policies are hitting some brick walls as well.

In regards to Hillery, a North Korean spokesman said: by no means intelligent and a funny lady.
Sometimes she looks like a primary schoolgirl and sometimes a pensioner going shopping, as the NK spokesman blasted Clinton for what he called a spate of vulgar remarks unbecoming for her position everywhere she went since she was sworn in.

That was in response to Hillery referring to the NK leadership as small children and unruly teenagers and people who are demanding attention.

I think the UN is still trying to write the terse note for the nuclear tests a while back. And with this kind of diplomacy, those two American girls kidnapped by NK will never be released. But hey, we are now using the old Jimmy Carter plan for International peace. And that plan sure worked the first time around.

Now if you are ACORN and you people are getting busted for voter fraud, what do you do? You file lawsuits to change to offending law that your folks broke. In PA, that is just what they are doing, They think that entire law about paying folks for the number of registrations should be changed to accommodate the way they do business. The offending law is the Racketeer Influenced and Corrupt Organizations Act.

Finally the GOP is looking into their antics and have released a report that says ACORN has used a scheme to use taxpayer money to support a partisan political agenda, which would be a clear violation of numerous tax and election law.

John Kerry is still on the Al Gore bandwagon. Even as we seem to be having the mildest summer in decades, his very serious Senate Panel has released some of their findings: Massive crop devastation, melting glaciers, water shortages, millions of displaced people -- all of these will drag the US military into conflict if global climate change goes unchecked. This is just to keep the Cap and Trade tax going in the Senate. They like that tax, and will say whatever they need to to get it passed. Truth be damned.

The Czar's are getting kookier and kookier. The newest one is a nut job. You can read about his insanity here:

http://www.wnd.com/index.php?fa=PAGE.view&pageId=104820

The stock market sure seems high right now. Doesn't make any sense with everything else going under. Unless, this is the final Sucker Market that has been talked about all year. The one where the big boys manipulate the market to suck in all the folks that bailed out after the crash. Make them feel comfy, reinvest, then watch it crash again. Taking what is left of the life out of the economy, and wiping out average America in the process.

Goldman Sach's will make another Bazillion dollars, and get in moved offshore into International money funds. Right before the world dumps the Dollar, making it worthless. How high will they push the market? When they think they have suckered everyone there is to be suckered.

The whole premise of the market rise is based on better than expected earnings reports. But if you really look at these inspirational reports you'll find they really are not very good. Expectations were set so low, that short of bankruptcy, they would be beaten. They leave that out of the headlines.

And quietly in the background is the commercial real estate mess. That bubble is about to bust as well. But the banks are trying to keep it afloat, at least for now. They are extending loans called Push – Out's, hoping to keep business's in the properties until the Depression is over. Most of these loans are 3 to 9 month extensions. So if things keep at the current pace of decline, that shoe might well drop towards the end of summer. It is estimated it will be as devastating as the housing bubble burst was.

And finally, here is something Our Dear Leader doesn't want you to read. Lord knows, he hasn't, nor has congress. It is the House version of the Health Care Bill.

http://edlabor.house.gov/documents/111/pdf/publications/AAHCA-BillText-071409.pdf

I suggest downloading it to look over at your leisure. It flies in the face of everything Our Dear Leader has been telling us. Knowledge is power, so empower yourselves.

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