Monday, January 24, 2011 Column; ACORN Operative on Dem National Committee; 2009 Stimulus a Huge Failure; China Buying American Bank; "Harry's Law" a Progressive Limbaugh-smackdown Show; 2/3 of UN Grants Eaten up by Corruption

Following is my column in the Traverse City Examiner online newspaper:
I read with interest the item in the Detroit News about Stabenow's push to repeal the 1099 requirement which is part of Obamacare.  She has obviously read at least this part of the bill by now, and also has obviously been hearing from her constituents about the exteme time and expenses involved in this one method Obamacare sought to rake in more money to pay for the program.
I wonder when she might read about and reconsider the fact that in order for the CBO to say the law will save money, we taxpayers now are taxed on Obamacare for 4 years before we begin getting it.  I wonder what she might have to say about the fact that if waivers have been given to over 200 of Obama's favored companines, mostly those with large unions, then those who don't get the waivers are being unfairly treated.  Has your company applied for a waiver?  And why wouldn't you? The laws are not supposed to favor just one group of people after all.
Finally, I would like Ms.Stabenow to consider, since Obamacare is supposed to be so wonderful, having the entire government accept Obamacare for themselves as well as for all of us regular citizens who demanded that it not be enacted.
-------------------------------------------------------------------------------------------------------------Daily Caller reveals: A longtime ACORN operative is about to take over the reins of the Democratic National Committee as its executive director – just in time to begin initial preparations for President Obama’s 2012 reelection campaign.
The activist in question is Patrick Gaspard. He currently holds the title of White House political affairs director, the same title Karl Rove held in President Bush’s administration.
Gaspard comes from the same world of radical left-wing community organizing that shaped Barack Obama. Gaspard is well schooled in the brutal, street-smart organizing tactics taught by the late Saul Alinsky, author of Rules for Radicals. He’s the hatchet man Obama sent to New York over a year ago to strong-arm then-Gov. David Paterson into dropping his reelection campaign. As executive director running the DNC’s day-to-day operations Gaspard will oversee Organizing for America, a project of the DNC supposedly modeled on Alinskyite organizing principles. (Former Virginia Gov. Tim Kaine will remain as general chairman of the DNC.)
The Washington Examiner writes: The Ways and Means Committee in the new GOP-majority House released a report titled "It's Official: On Unemployment and Jobs, Democrats' 2009 Stimulus Was a Huge Failure."
Currently, there are 130.7 million jobs. Since passage of the stimulus, 47 of the 50 states have lost jobs; overall, the private sector has seen 1.8 million jobs disappear.
Note as well that unemployment is slightly above what the White House predicted it would be if the Obama stimulus program was not passed as emergency legislation. Any honest assessment of the stimulus has to consider the possibility that flawed economics, kickbacks to unions and other Democratic special interests, corruption and an inefficient bureaucracy simply swallowed all the jobs for which those billions were supposed to pay. In fact, job creation exceeded the White House's expectations in only one area: The District of Columbia created almost twice as many jobs as the White House anticipated. In other words, thanks to the stimulus, the only sector creating new jobs is the federal government.
CHICAGO—China's biggest bank signed an agreement that would make it the first Beijing-controlled financial institution to acquire retail bank branches in the U.S., though regulators could still block the deal.
Under the deal, Industrial & Commercial Bank of China Ltd., by some measures the world's largest bank, agreed to acquire a majority stake in Bank of East Asia Ltd.'s U.S. subsidiary. ICBC will pay $140 million for an 80% stake.
Signed in Chicago on the last day of Chinese President Hu Jintao's state visit to the U.S., the move, comes as both Beijing and Washington are calling for greater commercial ties between the two countries. 
If ICBC's deal to acquire Bank of East Asia's U.S. subsidiary goes through, Americans could walk into the retail branches, open check and savings accounts and, most significantly for many investors, open yuan accounts to trade the currency.
Enough is enough! As newsbusters reports: Monday's premiere episode of NBC's new legal drama "Harry's Law" took a cheap shot at conservative talk radio host Rush Limbaugh.
As the show's star Kathy Bates argued for the legalization of drugs while her client was being cross-examined by a totally hapless district attorney, she claimed the idea was first raised by Republicans, "When the party had thinkers, before it was hijacked by the likes of Rush Limbaugh, a drug addict himself" (video follows with partial transcript and commentary):
Even TV critic Tim Goodman was unimpressed with the theatrics as he noted in his Tuesday review "Harry's Law is a Crime Against Good Television":
GENEVA (AP) — A $21.7 billion development fund backed by celebrities and hailed as an alternative to the bureaucracy of the United Nations sees as much as two-thirds of some grants eaten up by corruption, The Associated Press has learned.
Much of the money is accounted for with forged documents or improper bookkeeping, indicating it was pocketed, investigators for the Global Fund to Fight AIDS, Tuberculosis and Malaria say. Donated prescription drugs wind up being sold on the black market. [Will we ever learn?]

1 comment:

  1. What a perfect choice for the DNC to have the former ACORN thug as its executive director--how fitting! You just gotta love the folks Obama surrounds himself with ! And, how about that stimulus package of foolish expenditures! Only Federal government jobs increased !!! Hope this story gets some publicity! DO NOT DONATE AS MOST ALL OF THESE FUNDS TO FOREIGN INTERESTS ARE CORRUPT !