Nope I can’t understand why where broke.
More insanity at Fannie Mae & Freddie Mac.
Its no surprise that this disaster continues to operate, Obama is just paying back yet another big dollar contributor. Obama was number 2 after (D) Sen Chris Dodd in receiving large campaign contributions. The two chief executives of Fannie Mae and Freddie Mac could get paid as much as $6 million for 2009, despite the companies’ dismal performances this year which cost taxpayers more than $100 billion. Fannie’s CEO, Michael Williams, and Freddie CEO Charles “Ed” Haldeman Jr. each will receive $900,000 in salary, $3.1 million in deferred payments next year and another $2 million if they meet certain performance goals, according to filings with the Securities and Exchange Commission on Thursday.
Stimulus Payback
Stimulus payback to Obama voters
Another sign of the Obama administrations politics of redistribution and payback was unveiled recently when the Mercatus Center at George Mason University totaled up the numbers provided by the Obama administrations own site showing the blatant corruption involved in awarding stimulus dollars.
A total of 56,399 contracts and grants totaling $157,028,362,536 were awarded in this first quarter for which Recovery.gov reports are available. The number of jobs claimed as created or saved is 638,826.54—an average of $245,807.51 per job.
The total amount awarded to public entities (such as municipalities and state agencies) is $87,865,102,272. However, some of this money may have ultimately found its way to private subgrantees or subcontractors. The total amount awarded to private contractors and grantees is $69,163,260,264. While public entities received 45.696 percent of the number of all awards, these awards constituted over half of the dollars awarded (55.955 percent).
Party Affiliation
For our analysis, we looked at the 435 congressional districts in the United States plus the District of Columbia, but excluded Puerto Rico, the U.S. Virgin Islands, and foreign stimulus recipients, such as Canada. The average number of awards per district is 128, and the average dollar amount awarded per district is $355,103,891.
There are 177 districts represented by Republicans and 259 represented by Democrats. On average, Democratic districts received 1.6 times more awards than Republican ones. The average number of awards per Republican district is 94, while the average number of awards per Democratic district is 152.
Democratic districts also received 1.89 times more stimulus dollars than Republican districts. The average dollars awarded per Republican district is $232,047,857, while the average dollars awarded per Democratic district is $439,200,100. In total, Democratic districts received 73.47 percent of the total stimulus funds awarded. In terms of numbers of awards, Republican districts received 29.77 percent of the total, while Democratic districts received 70.22 percent.
Obamacare Bribe Votes
Malkins look at the bribes payed out for Obamacare.
Here some of the highlights from the article, looks like the only change Obama is offering is the pennies that we might find the couch.
1. Sen. Ben Nelson’s “Cornhusker Kickback.” The CBO says the Nebraska Democrat sellout’s special Medicaid expansion subsidy will initially cost an estimated $100 million.
2. New England’s Special Syrup. Vermont and Massachusetts will get similar (though less generous) special treatment by the feds in covering Medicaid expansion costs. Combined with Nebraska’s tab, the exclusive clique’s payoffs will cost taxpayers $1.2 billion over 10 years. At least.
3. Corruptocrat Connecticut Sen. Chris Dodd’s A $100 million item for construction of a university hospital was inserted in the Senate health care bill at the request of Sen. Christopher Dodd, D-Conn.
4. “Some insurers are more equal than others” tax exemption. The WSJ reports that nonprofit insurance companies will be exempt from a new, nearly $7 billion tax to pay for Demcare. Democrat Sens. Ben “Blank Check” Nelson and Carl Levin of Michigan pushed hard for the tax exemption, which will exempt insurers in their states.
5. The Frontier freebie. Several lucky states will see an increase in Medicare payments to hospitals and doctors, the NYT reports, — “where at least 50 percent of the counties are ‘frontier counties,’ defined as those having a population density less than six people per square mile. And which are the lucky states? The bill gives no clue. But the Congressional Budget Office has determined that Montana, North Dakota, South Dakota, Utah and Wyoming meet the criteria.”
6. More Democrat hospital bennies. Also via NYT: “Another provision of the bill would increase Medicare payments to certain “low-volume hospitals” treating limited numbers of Medicare patients. Senator Tom Harkin, Democrat of Iowa and chairman of the Senate health committee, said this ‘important fix’ would help midsize Iowa hospitals in Grinnell, Keokuk and Spirit Lake.
7. Bernie Sanders’ socialized medicine sop. He wanted a public option. Instead, he got socialized medicine satellite clinics funded to the tune of at least $10 billion. Sen. Bernie Sanders, I-Vt., scored a big victory, too, with the inclusion in the amendment package of $10 billion to expand community health centers across the country — including at least two more in Vermont.
8. Fla.-Pa.-NY Protectionism. Via Politico: “Three states – Pennsylvania, New York and Florida – all won protections for their Medicare Advantage beneficiaries at a time when the program is facing cuts nationwide.”
Hypocrites?
41,000 tons of carbon dioxide
140 Private Jets
1200 Limos
5 Hybrid cars
41,000 tonnes of
1400 Union Prostitutes offering “Freebies” to anyone with a clima conference delegate pass
The “Do what I say crowd, not as I do crowd” is converging on Copenhagen to practice the new religion of Eco-Madness. You would think these enlightened souls would be using networked teleconferencing from there estates to praise the Eco-Gods. Why isn’t the “Inventor of the internet” and godfather of the modern eco crowd would be doing his best to save the planet in every way possible. Al’s Like most liberals he run’s his mouth all damn day telling us slobs how to live while doing the polar opposite.
Al & his Hollywood Tree Huggers Polluting The Planet!
At the end of the film An Inconvenient Truth, the unbearably earnest former presidential candidate Al Gore asked his audience: “Are you ready to change the way you live?” His own huge Nashville mansion consumed over 20 times the electricity of an average American home. Indeed, according to the Tennessee Center for Policy Research, it burnt twice as much power in the month of August 2006 than most American homes do in an entire year. Another inconvenient truth revealed that the former senator spent $500 a month just to heat the indoor swimming pool in his lavish domestic establishment.
Gore has held these apocalyptic views about the environment for some time. So why, then, didn’t Gore dump his family’s large stock holdings in Occidental (Oxy) Petroleum? As executor of his family’s trust, over the years Gore has controlled hundreds of thousands of dollars in Oxy stock. Oxy has been mired in controversy over oil drilling in ecologically sensitive areas. Humanity might be “sitting on a ticking time bomb,” but Gore’s home in Carthage is sitting on a zinc mine. Until 2003 Gore received $20,000 a year in royalties from Pasminco Zinc, which operates a zinc concession on his property. Tennessee has cited the company for adding large quantities of barium, iron and zinc to the nearby Caney Fork River.
Al Gore and the rest of his sheep are making billions of dollars pushing there agenda while they browbeat the rest of the planet for there carbon foot print. The sheer audacity of these phonies would be hysterical if it wasn’t going to affect everybody so dramatically. They propose legislation like “Cap in Trade” and offer
silly concepts like “Carbon Credits”, that will increases costs on everything from electricity to bubble gum.
No Conflict Of Interest Here
All I listened to for 8 years was how George Bush’s every move was because of his ties to the oil companies.
If one is to use that reasoning, then let’s hear the same outcry for what is going on in Copenhagen and elsewhere.
Al Gore Set To Become First “Carbon Billionaire”CO2 tax agenda front man lining his pockets on the back of global warming fearmongering
Paul Joseph Watson
Prison Planet.com Tuesday, November 3, 2009
The New York Times has lifted the lid on how Al Gore stands to benefit to the tune of billions of dollars if the carbon tax proposals he is pushing come to fruition in the United States, while documenting how he has already lined his pockets on the back of exaggerated fearmongering about global warming. As is to be expected, the article is largely a whitewash and takes an apologist stance in defense of Gore. However, the NY Times‘ John M. Broder does reveal how one of the companies Gore invested in, Silver Spring Networks, recently received a contract worth $560 million dollars from the Energy Department to install “smart meters” in people’s homes that record (and critics fear could eventually regulate) energy usage. “Kleiner Perkins and its partners, including Mr. Gore, could recoup their investment many times over in coming years,” states the report, highlighting the fact that Gore is “well positioned to profit from this green transformation, if and when it comes.” “Critics, mostly on the political right and among global warming skeptics, say Mr. Gore is poised to become the world’s first “carbon billionaire,” profiteering from government policies he supports that would direct billions of dollars to the business ventures he has invested in,” writes Broder. Since he left office, Gore’s personal net worth has skyrocketed on the back of his advocacy for global warming issues and the financial dividends this has reaped. Gore’s assets totaled less than $2 million in 2001 and although he refuses to give a figure for his current net worth, a recent single investment of $35 million in Capricorn Investment Group, a private equity fund, illustrates just how fast Gore has enriched himself from his climate change bandwagon. The Times report notes how Gore “has a stake in the world’s pre-eminent carbon credit trading market.” As we reported back in March, before he became President Barack Obama also helped fund the profiteers of the carbon taxation program that he is now seeking to implement as law. The Chicago Climate Exchange (CCX) has direct ties to both Al Gore and Maurice Strong, two figures intimately involved with a long standing movement to use the theory of man made global warming as a mechanism for profit and social engineering. Gore’s investment company, Generation Investment Management, which sells carbon offset opportunities, is the largest shareholder of CCX. Maurice Strong, who is regularly credited as founding father of the modern environmental movement, serves on the board of directors of CCX. Strong was a leading initiate of the Earth Summit in the early 90s, where the theory of global warming caused by CO2 generated by human activity was most notably advanced. Both Strong and Gore come from the Club of Rome clique, who in their 1991 Report, “The First Global Revolution” openly admitted how they were planning to exploit the contrived hoax of global warming in order to further their agenda. “In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill. All these dangers are caused by human intervention, and it is only through changed attitudes and behavior that they can be overcome. The real enemy then, is humanity itself.,” they wrote. Gore’s defense against claims that he is peddling fearmongering about global warming to get filthy rich, and one dutifully supported by the NY Times’ whitewash report, is that he is simply putting his money where his mouth is. However, Gore’s insistence that he is walking the walk, not just talking the talk, doesn’t seem to extend to his own private life in the context of energy conservation and CO2 emissions. While lecturing the world about reducing CO2 emissions and saving energy, Gore’s own mansion uses 20 times the energy of the average American home. In February 2007, the Tennessee Center for Policy Research revealed that the gas and electric bills for the former vice president’s 20-room home and pool house devoured nearly 221,000 kilowatt-hours in 2006, more than 20 times the national average of 10,656 kilowatt-hours. These figures were not disputed by Gore. “If this were any other person with $30,000-a-year in utility bills, I wouldn’t care,” said the Center’s 27-year-old president, Drew Johnson. “But he tells other people how to live and he’s not following his own rules.” Al Gore serves as the front man for the global carbon tax cap and trade scheme, which is designed to bankrupt the United States and drastically lower the living standards of the American people, while introducing nightmare levels of regulation and bureaucracy into their everyday lives. |
Illegal Immigration More Deadly Then Al-Qaeda
Stats from the Joseph Farah article
12 Americans are murdered daily by illegal aliens
13 are killed by drunk illegal alien drivers – for another annual death toll of 4,745. That’s 23,725 since Sept. 11, 2001.
In California, another study showed that those who have never held a valid license are about five times more likely to be involved in a fatal road accident than licensed drivers.
Statistically, that makes them an even greater danger on the road than drivers whose licenses have been suspended or revoked – and nearly as dangerous as drunk drivers.
Eight American children are victims of sexual abuse by illegal aliens every day – a total of 2,920 annually.
One of the best articles I’ve seen on Illegals.
Americans are dying so Democrats can win elections. The Obama administration has just about killed every enforcement and deportation program there is. This disregard of our border security is dangerous and worse yet amounts to trading Americans lives for (D) voting blocks. There seems to be no end to King Obama’s dismantling of the American way of life to promote his redistribution agenda which will eventually lead to a Balkanization of America and a more violent society. As more of the third world pours across the borders unchecked, immigrants are longer melting in. They refuse to learn our language and setup ever growing pockets of home while demanding we accept them while they make little effort to “melt in”. The violence pouring out of these communities is growing daily and Americans our dying while politicians pander for votes.
More “Change” from the Democrats
No Jobs Summit For You
Obama snubs biz groups at jobs summit
The Obama administration once again proved there is no end to there politics of retribution. Here in Ohio 83% of stimulus funds have gone to districts that voted for King Obama. After nationalizing GM and forcing dealerships to close it was no shock that dealers who where (R) where targeted for closure. The GM bond holders also got screwed by the King and his cronies, it seems there almost no level of corrupt favoritism the (D) won’t engage in. There bend over approach to leftist unions has no ends, they apparently think jobs are created by magic job ferries.