Saturday, May 30, 2009

AMERICA IS BROKE - PREPARE NOW FOR SOME HARD TIMES AHEAD

It is important for everyone to see this video presentation. We all need to get prepared and plan for major tax increases and healthcare benefit reductions coming very soon. Our Federal debt is so out of control that there is really no way out. The scary part is that t his video was made prior to all the new 2009 bailouts and the future healthcare costs, cap and trade taxes, and current auto bailouts. Look at this entire video (about 30 minutes in length) to get a better understanding of just how bad it is.

Video

JUDGE SONIA SOTOMAYOR: COURT IS WHERE POLICY IS MADE?

Words mean something. You say what you mean, and you mean what you say. In the below video link, listen closely. When do our courts SET POLICY? Yesterday, Obama was already making excuses for her remarks made in 2005 when she was speaking at Duke University Law School. He guarantees, to anyone who will believe it, she will recant on her statement. You know, she really didn't mean it! And this is who will be our next Surpreme Court Justice, one that is supposed to interpret law, not set social policy?

Video

ARE WE NOW A MARXIST NATION?

American capitalism gone with a whimper

Front page / Opinion / Columnists
27.04.2009
Source: Pravda.Ru

Pages: 1 2

It must be said, that like the breaking of a great dam, the American decent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon our Holy Russia and a bloody test it was. But we Russians would not just roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of the Marxists.

Those lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

Link to complete article

ALERT - TEXAS VOTER ID - TAKE ACTION NOW!

Voter ID Isn't Dead!

Please call Governor Perry and your legislators!

Thursday afternoon, May 28, 2009

Dear Supporters of secure and fair elections, You've probably heard by now that Voter ID is dead for this session because of the delay tactics ("chubbing") of the House Democrat Caucus, which blocked it from coming to the floor. Three polls about Voter ID have been taken in Texas in the past 10 months. All three showed that Texans, Democrat and Republican across all ethnicities, overwhelmingly support Voter Photo ID. The Democrats shut down the Texas Legislature in order to prevent a commonsense, popular bill from even being discussed on the House floor.

The only way Voter ID might be saved is if Governor Perry calls a Special Session and puts Voter ID on the agenda. Otherwise, Voter ID won't have another chance until 2011.

Action:
Call Governor Perry and ask him to call a Special Session for Voter ID.
Citizen's Opinion Hotline: 800-843-5789
Office of the Governor Main Switchboard: 512-463-2000
Contact your State Senator and State Representative and tell them you want a Special Session for Voter ID. This is important because the legislators are the ones whose lives will be affected by having to return to Austin . Governor Perry likely will take some political heat for calling the Special Session, and it's important he know he has the support of the legislators.

Texas State Senator
Senate District 5--Senator Steve Ogden
Phone: (512) 463-0105Capitol Address: P.O. Box 12068
District Address:Phone: (979) 776-0521

Texas State Representative
House District 8--Representative Byron Cook
Phone: (512) 463-0730
Distric Address:Phone: (512) 463-0730

Below link helps find your state representatrives by entering your zip code:

http://rs6.net/tn.jsp?et=1102594370407&s=1036&e=001kQuU7RLYutjpTBHq-CTbY6OcYCDnfZpbKkP1Q24_SBEshalcBrMm51IhL99wm0_kRbacaJR-Tm4YX0hetw6J-2rMzJRjnMXEyz44xh-xXlrg5Ea1-jmeixFUAm8dPXI0wyQ0pz_Q0eE=

We are left asking, "Why did the Democrats fight Voter I.D. so hard?" J.P. Morgan once said, "A man always has two reasons for doing anything: a good reason and the real reason." Democrat leadership says its "good" reason for opposing the Voter ID bill is that it would suppress the votes of thousands of people. However, their "good" reason doesn't hold up in the light of day. Both research and experience have shown just the opposite is true.* We can only wonder what the Democrat leadership's "real" reason is. If elections cannot be protected from fraudulent votes, then the people no longer rule.

Don't give up. Call the Governor and your legislators and ask for a Special Session on Voter ID. Sincerely, SAFETexas - Secure and Fair Elections- Texas Melinda Fredricks, chairmanToni Anne DashiellRuss DuerstineBarbara LarsonTom MechlerBill NobleEric OpielaLinda RogersSkipper Wallace *Indiana and Georgia, the two states with Voter Photo ID, had record turnouts compared with other states, demonstrating that Voter ID does not suppress the vote. Go to http://www.safetexas.org/ to find links to numerous research articles.

SAFE Texas is a coalition of Texans dedicated to ensuring security and fairness in our election process. Please visit our website at http://rs6.net/tn.jsp?et=1102594370407&s=1036&e=001kQuU7RLYutitpwYVEglzCTuOslPhfmWnZwZ-hwjZ9MhfkY-ZsqWlJO_DF__Q8DnHBBiB9WfNVZyhroRtzd1oUxsQvTMtn35RGqG-TBmhkc_RsK1TJOMm2w== to learn more.

Friday, May 29, 2009

OUR AVG HOUSEHOLD FED DEBT NOW UP TO $546,668

U.S. debt hits taxpayers with 12% more red ink

By Dennis Cauchon, USA TODAY

Taxpayers are on the hook for an extra $55,000 a household to cover rising federal commitments made just in the past year for retirement benefits, the national debt and other government promises, a USA TODAY analysis shows.

The 12% rise in red ink in 2008 stems from an explosion of federal borrowing during the recession, plus an aging population driving up the costs of Medicare and Social Security.
That's the biggest leap in the long-term burden on taxpayers since a Medicare prescription drug benefit was added in 2003.

The latest increase raises federal obligations to a record $546,668 per household in 2008, according to the USA TODAY analysis. That's quadruple what the average U.S. household owes for all mortgages, car loans, credit cards and other debt combined.
"We have a huge implicit mortgage on every household in America — except, unlike a real mortgage, it's not backed up by a house," says David Walker, former U.S. comptroller general, the government's top auditor.

FIND MORE STORIES IN: United States House of Representatives Baby Boomer Tax
USA TODAY used federal data to compute all government liabilities, from Treasury bonds to Medicare to military pensions.

Bottom line: The government took on $6.8 trillion in new obligations in 2008, pushing the total owed to a record $63.8 trillion.

Link to full story

LAWSUIT AGAINST THE TREASURY AND FED PROCEEDING

ANN ARBOR, MI – Proclaiming that times of crisis do not justify departure from the Constitution, Federal District Court Judge Lawrence P. Zatkoff allowed the lawsuit against Treasury Secretary Timothy Geithner and the Federal Reserve Board challenging the AIG bailout to proceed. The lawsuit was filed last December by the Thomas More Law Center, a national public interest law firm based in Ann Arbor, Michigan, and attorney David Yerushalmi, an expert in security transactions and Shariah-compliant financing. In his well-written and detailed analysis issued yesterday, Judge Zatkoff denied the request by the Obama administration’s Department of Justice to dismiss the lawsuit. The request was filed on behalf of Treasury Secretary Timothy Geithner and the Federal Reserve Board – the named defendants in the case. In his ruling, the judge held that the lawsuit sufficiently alleged a federal constitutional challenge to the use of taxpayer money to fund AIG’s Islamic religious activities.

Link to article

Thursday, May 28, 2009

GUN PETITION PROPOSAL

This is a draft of the Gun Petition that we have put together. If you see any glaring errors, email me and let me know.

TEXAS CITIZENS’ PETITION SUPPORTING THE RIGHT
TO BEAR ARMS WITHOUT FEDERAL INTERVENTION

We the people of the State of Texas, legal citizens of the United States, petition the Texas State Legislature to pass into law HB 1863 which stipulates the right of Texas to allow for the manufacture, identification, and open transport of firearms and ammunition made within the State, to be sold explicitly to the citizens of Texas for their sole and private use within the borders of Texas. HB 1863 is intended to negate all Federal laws that control and restrict firearm sales that are now imposed upon Texas by the United States Federal Government through their use of existing interstate commerce laws. The State of Texas will control all firearm manufacturing and sales within its State boundaries without Federal interference and it will be the sole responsibility and authority of the Texas State Legislature to enact any firearms laws as voted upon and approved by we the people of Texas. We invoke the 10th Amendment of the United States Constitution that applies to State Rights, and the 2nd Amendment of the United States Constitution that applies to our rights to own and bear arms, as our authority to initiate this petition.

Tuesday, May 26, 2009

OBAMA - LISTEN TO ABE YOUR SO CALLED MENTOR

Words of Wisdom from Abraham Lincoln…

You cannot help the poor by destroying the rich.
You cannot strengthen the weak by weakening the strong.
You cannot bring about prosperity by discouraging thrift.
You cannot lift the wage earner up by pulling the wage payer down.
You cannot further the brotherhood of man by inciting class hatred.
You cannot build character and courage by taking away people’s initiative and independence.
You cannot help people permanently by doing for them, what they could and should do for themselves.

Sunday, May 24, 2009

TEXAS VOTER ID BILL BEING STALLED BY LIBERALS

As we celebrate this Memorial Day weekend, we pause to remember and honor those soldiers, sailors, airmen and Marines who have risen to the call to protect us. They stood in the face of danger to defend our values, our rights, and our way of life. They were patriots and heroes, and we shall never forget that when duty called, they stood and sacrificed everything for us. Among the rights they protected for us is the sacred right to vote.
At this late hour in the 81st session of the Texas Legislature, your state needs you. Democrats are stalling bills regarding veterans' benefits, public education funding, teacher pay raises, tax reform, eminent domain and other important issues simply because they don't want to move through the calendar of bills and face a vote on the the Voter ID bill. So they are stalling by "chubbing," and bringing the House to a crawl.
Our Republican House members are unified and standing firm for the normal order of business, while the other side wants to create chaos.
Nearly 70 percent of the citizens of our state support mandating photo ID to cast a vote in our elections, yet the Democrats under Rep. Jim Dunnam's direction are standing in the way. At a press conference Wednesday they tried to bluff the media into thinking that they had the votes to block Voter ID - even though the majority of this state wants it. That strategy failed when a third of the Democratic Caucus failed to show up. Then they threatened to run out of town rather than face a vote on Voter ID - even though the majority of this State wants it. When that strategy also failed, they brought the House to a grinding halt by engaging in chatter on non-controversial bills, just to slow down the House and keep themselves from having to face the Voter ID bill. In this filibuster action, the Dunnam Democrats are keeping the House from doing the people's business. The Dunnam Democrats are blocking needed action on the Texas Department of Insurance sunset bill. The Dunnam Democrats are blocking needed action on a bill that would deal with organized crime in our state. They are blocking needed action on a bill that would protect our children from predators.

THE DEATH OF ISRAEL

By DICK MORRIS & EILEEN MCGANN
Published on DickMorris.com on May 24, 2009

From Caroline Glick, deputy editor and op-ed writer for the Jerusalem Post, comes alarming news. An expert on Arab-Israeli relations with excellent sources deep inside Netanyahu's government, she reports that CIA chief Leon Panetta, who recently took time out from his day job (feuding with Nancy Pelosi) to travel to Israel "read the riot act" to the government warning against an attack on Iran.More ominously, Glick reports (likely from sources high up in the Israeli government) that the Obama administration has all but accepted as irreversible and unavoidable fact that Iran will soon develop nuclear weapons. She writes, "...we have learned that the [Obama] administration has made its peace with Iran's nuclear aspirations. Senior administration officials acknowledge as much in off-record briefings. It is true, they say, that Iran may exploit its future talks with the US to run down the clock before they test a nuclear weapon. But, they add, if that happens, the US will simply have to live with a nuclear-armed mullocracy."She goes on to write that the Obama administration is desperate to stop Israel from attacking Iran writing that "as far as the [Obama] administration is concerned, if Israel could just leave Iran's nuclear installations alone, Iran would behave itself." She notes that American officials would regard any harm to American interests that flowed from an Israeli attack on Iranian nuclear facilities as Israel's doing, not Iran's.

Link to complete story

Thursday, May 21, 2009

ALERT - CAP AND TRADE VOTE MOVING TO HOUSE

MEXIA CITIZENS FOR THE CONSTITUTION - Call Rep Joe Barton at 202-225-2002 and say NO to this future huge tax increase on the American people! They are fast tracking this issue to try and shove it through.

VIDEO - CAP AND TRADE WILL DESTROY THE MIDDLE CLASS AND BREAK AMERICA

Alert: Tell Congress You Oppose the $3,100 Per Family Cap-and-Trade Tax!

Written by Mark Meckler
Thursday, 21 May 2009 16:45

President Obama, Nancy Pelosi, and Congressman Henry Waxman are aggressively pressuring Democrats to support and pass Congressman Waxman’s Cap-and-Trade bill. The bill is titled "American Clean Energy Security Act of 2009" or ACES. It is coming up for a vote in committee. It will be presented on the House floor for an up and down vote as early as tomorrow.

Passage Will Devastate the Economy!

What is Cap-and-Trade?
The House Energy and Commerce Committee has completed its multi-day markup of the misnamed American Clean Energy and Security Act of 2009, H.R. 2454. Sponsored by Committee Chairman Henry Waxman (D-CA), the bill attempts to impose a system of "cap-and-trade" in order to combat so-called "global warming." This massive, across-the-board household energy tax is being sold to Congress under the slogan "cap-and-trade." This simply means giving the government power to put a cap on the amount of carbon emissions (CO2) produced by the production of electricity, gasoline, and heating oil. This ends up forcing businesses to actively lobby Congress for higher cap levels and to buy permits for the emissions they are allowed.

Rather than calling it "cap-and-trade," it should be called "cap-and-tax"-as it caps Americans' standard of living and taxes our use of products whose manufacture emits CO2.
The 648 page “cap-and-trade” bill has been renamed the "American Clean Energy Security Act of 2009" (ACES). Why the name change? Americans understand “cap-and-trade” is a TAX.
Cap-and-trade is a tax designed to make carbon based fuels like OIL, COAL and NATURAL GAS more expensive by limiting the amount of carbon dioxide (CO2) that can be released into the atmosphere. Although the tax will be placed on businesses, they will pass the cost on to consumers. They must do this to stay in business.

To view a summary of the bill go here: http://www.visi.com/juan/congress/
Cap-and-Trade would be more aptly named "Cost-and-Tax" because that is exactly what it will do to all Americans. The American Clean Energy and Security Act of 2009, H.R. 2454 (ACES) is designed to do a number of things, but nothing for the environment. No one who is pushing the ACES Act knows or can answer the true cost of Cap-and-Trade or any real benefits to our environment. Do you remember last summer's gas prices? The price of everything went up, all because of the cost of oil. ACES will implement new energy taxes. Although most of these taxes will be placed on businesses, the businesses will pass those costs on to the consumers. Electricity costs will rise astronomically--- estimates range from $600.00 to over $3500.00 a year per family. Oil prices are expected to go up 74%. If you are paying $2.00 a gallon now you can expect prices to jump to $3.48 a gallon. Natural gas prices are expected to rise 55%, and fuel oil has been projected to be between $5.50-7.00 a gallon.

Link to entire article

Wednesday, May 20, 2009

JUSTIN'S TEA PARTY VIDEO AD

Well, if you watch this video, produced by a teenager for the Tea Parties held on April 15, 2009, it sums up what this fight is all about. Please take a moment to view this powerful presentation put together in less than a hour by a teenager named Justin Holcomb who gets it. So there is great hope in America's youth to help bring America back from this Socialist grip we presently find ourselved facing. Click below to view.

Click Here

PROTECT ABSTINENCE EDUCATION IN TEXAS

Special Alert
May 19, 2009

Take Action: Help Protect Abstinence Education in Texas
The Texas House likely will consider legislation Wednesday that attacks abstinence-until-marriage education. Your help is needed today.
If adopted, amendments to SB 283 would replace abstinence-until-marriage education with "comprehensive" sex education that promotes condoms and abortion. These amendments are an effort to resurrect two Planned Parenthood-supported bills that have failed in the House.
Chad Hills, research analyst at Focus on the Family, said citizens must act now to help defeat the amendments and prevent the loss of a highly successful program.
“Texas has long supported abstinence education," he said, "which encourages the only 100 percent safe model — for teens to wait until they are in a lifelong, committed marriage.”
TAKE ACTION - Please call your state representative immediately and ask him or her to oppose amendments to SB 283 that would replace abstinence-only education with "comprehensive sex education." To find contact information, visit the Free Market Foundation’s Action Center.

Tuesday, May 19, 2009

HIP HOP ON THE HILL

Hip Hop entertainers and activists are mobilizing to persuade the youth to support Obamba's policies as America marches toward Socialism. There is an urgent need for all Patriots to unite and expend massive amounts of Capital and energy to educate the youth about what Socialism means and what the impact on them and their lives will be in the future. Link below for entire story.

Link

Monday, May 18, 2009

BYE BYE PELOSI?

The below link is a video from Dick Morris talking about his assessment as to the fate of Speaker of the House Nancy Pelosi as relates to the controversy about the CIA constantly misleading Congress. Take a look.

Link

AMERICA'S FUTURE JOB MARKET?

As sad as our economic picture is today, it may get a lot worse and we need to be prepared for the worst case senario. Click on the link below to get an idea about what awaits after the bailouts fail to revive our economy.

Link

Friday, May 15, 2009

DEATH OF U.S. HEALTHCARE

By DICK MORRIS
Published on TheHill.com on May 12, 2009

When all of America's top health insurers and providers met at the White House this week and pledged to save $2 trillion over the next decade in health costs, they were pledging to sabotage our medical care. The blunt truth, which everybody agreed to keep quiet, is that the only way to reduce these costs is to ration healthcare, thereby destroying our system.Here's why:

• Essential to any cost reduction is a cut in doctors' fees. Congress is trying to cut Medicare fees by 21 percent. But cuts in fees and doctors' incomes will just discourage people from entering the profession and those already in it from practicing. The limited number of doctors and nurses in the United States is the key constraint on the availability of healthcare. Our national inventory of 800,000 doctors is growing at only about 1 percent a year (18,000 med school graduates annually minus retirements), while the nurse population is stagnant at 1.4 million. To stretch these limited resources so that they can treat 50 million more people is possible only through the most severe kind of rationing.

• As in Canada, the best way to cut medical costs is to refrain from using the best drugs to treat cancer and other illnesses, thereby economizing at the expense of patients' lives. Forty-four percent of the drugs approved by the Canadian health authorities for use in their country are not allowed by the healthcare system due to their high cost. As a result, death rates from cancer are 16 percent higher in Canada than in the United States. We will pay for the attempt to save $2 trillion with our lives. (And remember, one cannot opt out of the Canadian system and pay for the medications out of pocket.)

(To view the entire article click on the link below)

Link

Wednesday, May 13, 2009

OBAMA'S PUSH TO SOCIALIST HEALTH CARE

Good afternoon,

You are receiving this email because you signed up at WhiteHouse.gov. My staff and I plan to use these messages as a way to directly communicate about important issues and opportunities, and today I have some encouraging updates about health care reform.

The Vice President and I just met with leaders from the House of Representatives and received their commitment to pass a comprehensive health care reform bill by July 31.

We also have an unprecedented commitment from health care industry leaders, many of whom opposed health reform in the past. Monday, I met with some of these health care stakeholders, and they pledged to do their part to reduce the health care spending growth rate, saving more than two trillion dollars over the next ten years -- around $2,500 for each American family. Then on Tuesday, leaders from some of America's top companies came to the White House to showcase innovative ways to reduce health care costs by improving the health of their workers.

Now the House and Senate are beginning a critical debate that will determine the health of our nation's economy and its families. This process should be transparent and inclusive and its product must drive down costs, assure quality and affordable health care for everyone, and guarantee all of us a choice of doctors and plans.

Reforming health care should also involve you. Think of other people who may want to stay up to date on health care reform and other national issues and tell them to join us here:

http://www.whitehouse.gov/EmailUpdates

Health care reform can't come soon enough. We spend more on health care than any country, but families continue to struggle with skyrocketing premiums and nearly 46 million are without insurance entirely. It is a priority for the American people and a pillar of the new foundation we are seeking to build for our economy.

We'll continue to keep you posted about this and other important issues.

Thank you,
Barack Obama

P.S. If you'd like to get more in-depth information about health reform and how you can participate, be sure to visit http://www.HealthReform.gov.

Sunday, May 10, 2009

PALESTINIAN REFUGEES HEADED TO AMERICA AT TAXPAYER EXPENSE

Something happened yesterday, behind our backs. You may want to read about it. It wasn't mentioned on the news... Just went by on the ticker tape at the bottom of the CNN. "Obama funds $20M in tax payer dollars to immigrate Hamas Refugees to the USA" . This is the news that didn't make the headlines...

By executive order, President Barack Obama has ordered the expenditure of $20.3 million in "migration assistance" to the Palestinian refugees and "conflict victims" in Gaza .The "presidential determination", which allows hundreds of thousands of Palestinians with ties to Hamas to resettle in the United States , was signed on January 27 and appeared in the Federal Register on February 4.

Few on Capitol Hill, or in the media, took note that the order provides a free ticket replete with housing and food allowances to individuals who have displayed their overwhelming support to the Islamic Resistance Movement (Hamas) in the parliamentary election of January 2006.

IN REVIEW - Some of Obama's most recent actions since his inauguration:

His first call to any head of state, as president, was to Mahmoud Abbas, leader of Fatah party in the Palestinian territory.

His first one-on-one television interview with any news organization was with Al Arabia television.

His first executive order was to fund/facilitate abortion(s) not just here within the U.S. , but within the world, using U.S. Tax payer funds.

He ordered Guantanamo Bay closed and all military trials of detainees halted.

He ordered overseas CIA interrogation centers closed.

He withdrew all charges against the masterminds behind the USS Cole and the "terror attack" on 9/11.

Now we learn that he is allowing hundreds of thousands of Palestinian refuges to move to, and live in, the US at American taxpayer expense.

These important, and insightful, issues are being "lost" in the blinding bail-outs and "stimulation" packages.

Link

Thursday, May 7, 2009

MONTANA GUN LEGISLATION - BRILLIANT

Congratulations goes to the state of Montana for coming up with a legitimate law that challenges the Constitutional legality of the Federal Government to enforce gun laws upon the people of Montana in violation of their 2nd amendment rights guaranteed under the Constitution. This is really a fight for state rights as enumerated in the 10th amendment. This law, if ruled valid at the Supreme Court level, will allow massive challenges from states in the future to rid themselves of many oppressive Federal Government regulations that have been imposed on the people for years using the "interstate commerce" laws. The idea being that if a gun is manufactured in Montana, stamped as "Made in Montana", is bought in Montana, used in Montana and does not cross state lines for sales purposes (interstate commerce) , that precludes Federal regulation. This is a brilliant proposal and deserves close observation by all American Patriots as it winds its way up to the Supreme Court. Check out the link below for the full story.

Link

Wednesday, May 6, 2009

NO NAT'L DAY OF PRAYER CEREMONY AT WHITE HOUSE

This year, there will be no National Day of Prayer Ceremony at the White House as it has been done for the last nine years. Seems that Obama has decided to issue just a proclamation instead of actually personally participating in prayer with many Christians throughout the Nation. Could the reason be his belief that, as he stated in a recent visit to Turkey, "America is no longer a Christian Nation?" View the entire report by clicking on the link below and take a minute to participate in the poll covered in the article.

Link

HOW OBAMA'S SOCIALISM WORKS

This is another article written by Dick Morris stating how the Obama vision for the future is nothing more than government takeovers and in essence turning America into a Socialist society. It talks about how the government uses taxpayer money to strong arm banks and the auto industry to acquiesce to their demands, as if somewhere in the Constitution there are provisions for the government to control free enterprise. Where has my America gone? If we don't wake up soon it will be too late to recover and as a result of our complacency we will all live under a Socialist government. If you don't know the real meaning of what Socialism is, click on "DEFINITION OF SOCIALISM" on the right side of this BLOG.


Link

Tuesday, May 5, 2009

SOCIALISM ON THE MARCH - HOW OBAMA WILL RUIN OUR HEALTH CARE SYSTEM

This is a video from Dick Morris talking about what's coming to America in the form of the new Obama Socialist Health Care System. It deserves a look to become more aware of what and when this debate is coming to the fore.

Link

STOP THE SPENDING PETITION

This link is for signing a petition to STOP THE SPENDING. If interested, click on the link below and sign up. After you sign the petition you will be asked to make a contribution but no need to do that. Your signature on the petition is enough.

Link

Sunday, May 3, 2009

WHITE HOUSE DENIES CHARGE BY ATTORNEY THAT ADMINISTRATION THREATENED TO DESTROY INVESTMENT FIRM'S REPUTATION

A leading bankruptcy attorney representing hedge funds and money managers told ABC News Saturday that Steve Rattner, the leader of the Obama administration's Auto Industry Task Force, threatened one of the firms, an investment bank, that if it continued to oppose the administration's Chrysler bankruptcy plan, the White House would use the White House press corps to destroy its reputation.
The White House and a spokesperson for the investment bank in question challenged the accuracy of the story.
"The charge is completely untrue," said White House deputy press secretary Bill Burton, "and there's obviously no evidence to suggest that this happened in any way."
Thomas Lauria, Global Practice Head of the Financial Restructuring and Insolvency Group at White & Case, told ABC News that Rattner suggested to an official of the boutique investment bank Perella Weinberg Partners that officials of the Obama White House would embarrass the firm for opposing the Obama administration plan, which President Obama announced Thursday, and which requires creditors to accept roughly 29 cents on the dollar for an estimated $6.8 billion owed by Chrysler.
Lauria first told the story, without naming Rattner, to Frank Beckmann on Detroit's WJR-AM radio.
Perella Weinberg Partners, Lauria said, "was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under the threat that the full force of the White House press corps would destroy its reputation if it continued to fight. That’s how hard it is to stand on this side of the fence."

Link to complete story

Saturday, May 2, 2009

ANDREW McCARTHY REJECTION LETTER TO ERIC HOLDER

There are few times in political history that a person will throw themselves on a sword over principles that guide their lives. Such is the case with Andrew McCarthy (editor at National Review Online, former attorney in the US Attorneys office, the Southern District of New York, which is Manhattan) when he wrote a rejection letter to Eric Holder, the current Attorney General of the United States. Mr McCarthy refused to attend the President’s Task Force on Detention Policy meeting because he concluded that the round table discussion would be nothing more than a propaganda piece which the Obama Administration would sell to useful fools in the media and on their couches that “would demonstrate” that they got input from both sides of the aisle on the issue. The Obama policy has already been decided. Statements have already been made which lay out the course of action that will dictate the detention policy. Mr. McCarthy did not attend because in his view it was a sham and was not an attempt to get input, but merely an attempt to generate the appearance of bi-partisanship for PR purposes.

Mr. McCarthy demonstrated the conviction of his beliefs reminiscent of the spirit and principles that guided our founding fathers as they struggled to form this Republic. They vocally dissented against the powers that were in command and stood up for principles that guided them in the epic struggle against the Kingdom of Great Britain to establish these United States of America. This letter is a must read. Click on the below link to read the complete transcript.

Link

HUGO CHAVEZ SAYS VENEZUELAN SOCIALISM HAS BEGUN TO REACH U.S. UNDER OBAMA

Tuesday, April 21, 2009 By Edwin Mora

(CNSNews.com) - Inspired by his meeting with U.S. President Barack Obama at the Americas Summit, Venezuelan President Hugo Chavez declared on Sunday that Venezuelan socialism has begun to reach the United States under the Obama administration.“I am coming back from Trinidad and Tobago, from the Americas Summit where, without a doubt, the position that Venezuela and its government has always defended, especially starting 10 years ago, of resistance, dignity, sovereignty and independence has obtained in Port of Spain, one of the biggest victories of our history,” Chavez said. “It would seem that the changes that started in Venezuela in the last decade of the 20th century have begun to reach North America,” he added. Chavez made the comments Sunday to a crowd gathered for the 199th Commemoration of the Independence Declaration of Venezuela. “In one year we will be celebrating 200 years of ‘April 19,’ the day that ... initiated this revolution that is underway 200 years later at the forefront of the people of our America, at the forefront of change, at the forefront of a new world, at the forefront of a new century that will construct Bolivarian socialism,” said Chavez. “Bolivarian socialism” is the term Chavez uses to refer to his 21st century Latin American form of socialism, which he claims originates from the revolution launched by Simon Bolivar, a Venezuelan and Latin American revolutionary leader of the 19th century. “We have assumed the commitment to direct the Bolivarian Revolution towards socialism and to contribute to the socialist path, with a new socialism; a socialism of the 21st century which is based in solidarity, in fraternity, in love, in justice, in liberty and in equality,” Chavez said in a speech in mid-2006, according to the Venezuelan government’s official Web site. Last Friday, during the Americas Summit, Obama greeted Chavez before the first plenary summit, the first time the two presidents had met. “I want to be your friend,” Chavez said to Obama as both of them shook hands. After the encounter, Chavez told reporters, “It was a good moment.”

Link to full story

OBAMA TALKS ABOUT SOCIALISM IN 2001

Listen to this Obama speech made in 2001 to get a clear understanding of his position on Socialism. The American people in November 2008 elected a President that is taking our country toward Socialism at a rapid pace. He has many willing to assist with his agenda in Congress, Nancy Pelosi and Harry Reid, along with most of the Democrat Congressional members. American Patriots need to stand up and fight to hold back this run away freight train headed toward Socialism. Otherwise, Socialism is guaranteed. This link will take you to an audio presentation of his speech. Link
 
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