They Told Me Obama Would Pay For Everyone’s Mortgage And They Were Right

10 02 2009

Remember, Obama overflowing with hope says, “we have nothing to fear, but…catastrophe!”

From Bloomberg:

The $9.7 trillion in pledges would be enough to send a $1,430 check to every man, woman and child alive in the world. It’s 13 times what the U.S. has spent so far on wars in Iraq and Afghanistan, according to Congressional Budget Office data, and is enough to pay off more than 90 percent of the nation’s home mortgages.

The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation have lent or spent almost $3 trillion over the past two years and pledged up to $5.7 trillion more.

Only the stimulus bill to be approved this week, the $700 billion Troubled Asset Relief Program passed four months ago and $168 billion in tax cuts and rebates enacted in 2008 have been voted on by lawmakers. The remaining $8 trillion is in lending programs and guarantees, almost all under the Fed and FDIC. Recipients’ names have not been disclosed.

Flashback Vid

By the way, this is what ONE billion dollars looks like…when it’s only comprised of Ben Franks.


UPDATE: GatewayPundit links to the new CBO, which projects the recession to be over before 9/10ths of the money actually gets used…meaning only 1/10th is for this year…much of it is for Obama’s re-election in 2012.

UPDATE: NRO’s Corner shows how the bill has grown from when it was just a wee-lil baby ($56Bil) last September.


“Brilliant Constitutionalists” Say This Stuff All The Time

19 01 2009

The other day, the soon-to-be, Ego-In-Chief called for a, “new Declaration of Independence.” Obama is seemingly gleeful at the economic crisis and the opportunity it presents for bigger government, huge expenditures and a grand opportunity for his legacy.

Side note: Maybe I sound like liberals who say Bush relished 9/11 because he could then bludgeon every Muslim nation…heck, maybe Bush did enjoy it.  Then again, don’t we all remember Bush at the kindergarten when he learned of the 9/11 attacks, something the empathetic left has never let him live down.  That was not the look of happiness.  But I’m open to the idea that he had a bone to pick with Hussein (Saddam)…are liberals open to the idea that Obama is ecstatic over the current economic storm?

Later in his speech, Obama gave us another hint of the contempt he has for the U.S. Constitution and the Declaration of Independence saying, “documents that (are) imperfect but had within them, like our nation itself, the capacity to be made more perfect.”

This reminds us of the audio tapes that emerged from the Constitutional law professor lecturer in the final days of the 2008 election.  The corporate media didn’t dare redistribute the word because the lunacy in them could have doomed his campaign and killed their dream.

In them, Obama, even without a Russian accent, bemoans:

The Supreme Court never ventured into the issues of redistribution of wealth, and of more basic issues such as political and economic justice in society. To that extent, as radical as I think people try to characterize the Warren Court, it wasn’t that radicalIt didn’t break free from the essential constraints that were placed by the founding fathers in the Constitution, at least as its been interpreted and Warren Court interpreted in the same way, that generally the Constitution is a charter of negative liberties. Says what the states can’t do to you. Says what the Federal government can’t do to you, but doesn’t say what the Federal government or State government must do on your behalf, and that hasn’t shifted and one of the, I think, tragedies of the civil rights movement was, um, because the civil rights movement became so court focused I think there was a tendency to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalition of powers through which you bring about redistributive change.

If nothing else, this type of information proves that we still don’t know anything about Barack Obama because the media, so integral to a free Democracy, has completely failed us.

Geez, I wonder if Saul Alinsky, Rev. Wright, Bill Ayers and Castro agree with Obama about the imperfect founding documents.

Perfect Storm To Secure Socialist Agenda. Reshape America.

24 11 2008

“What we are talking about is a golden political opportunity for politicians to use the current financial crisis to fundamentally change an economy that has been successful for more than two centuries, so that politicians can henceforth micro-manage all sorts of businesses and play Robin Hood, taking from those who are not likely to vote for them and transferring part of their earnings to those who will vote for them.”

Man, Thomas Sowell is smart! Why don’t more people know him? Oh yeah, he’s a black conservative.