Tag: Obama
CAPTION CONTEST
HOW ABOUT SOME OBAMAINTERNET TO GO ALONG WITH YOUR OBAMAPHONE
This article sells this idea as if it is no big deal. They try to convince you that the Obamaphone meme is false. They declare it was a program started during the Reagan years. It’s the usual progressive liberal bullshit about the poor not having access to cell phones.
Here are the facts:
- This program cost $800 million per year before Obama entered office.
- This program now costs over $2.2 BILLION per year after Obama and his minions advertised the availability of these Obamaphones and begged their voters to get one.
- You, the working taxpayer, pays $2.50 per month on your cell phone bill so the free shit army can call in their drug deals for free.
- Obama and his minions also thought it was a good idea to give out these subsidies without making anyone prove they were eligible. Easy peasy. The corrupt phone sellers were thrilled. And the free shit army’s eyes lit up.
- After the blogosphere began revealing the massive fraud and cost to the American taxpayer, the FCC was forced to make people prove they met the eligibility requirements.
- In a shocking development 41% of the Obamaphone recipients could not or would not prove their eligibility. That puts the annual fraud amount at around $900 million.
As you can see, this is another highly successful government program. So what do you do with a program racked with 41% fraud? If you are Obama, you expand it to cover internet service for the free shit army. You have to hand it to the liberals, they know how to solidify their core voting base. Just keep doling out more free shit.
FCC proposal would extend Lifeline voice subsidy to broadband
Continue reading “HOW ABOUT SOME OBAMAINTERNET TO GO ALONG WITH YOUR OBAMAPHONE”
BORDERS
Rand Paul: ‘Disingenuous’ Obama Can Stop NSA Spying Any Time He Wants
“Why doesn’t he stop it? What’s he waiting for?”
Fresh from his marathon filibuster of the proposed extension to the government snooping enabling section of the Patriot Act, Senator Rand Paul slammed the President this morning, accusing Obama of being deceitful over the issue.
Appearing on CBS, Paul noted “Here’s the thing about the president: He’s disingenuous about this,” the Kentucky Republican said on ‘This Morning.’ “The president started this program through executive order — he could end it anytime.”
The Senator also noted that the NSA bulk collection was recently ruled illegal by a federal appellate panel.
“Why doesn’t he stop it? What’s he waiting for?” Mr. Paul said. “He [says], ‘Oh, Congress can stop it.’ He started it on his own. He should stop it, and I’ve asked the president repeatedly, ‘Stop the program.’ “
Paul also refused to be drawn into an argument with anchor Charlie Rose who accused him of using the NSA issue to “sell books”.
Instead Paul stuck to the point, noting that he is not being unreasonable, “I’m just asking for two amendments and a simple majority vote” Paul stated.
“I think sometimes my party gets all caught up in the Second Amendment, which is fine, but we don’t protect the Fourth Amendment enough,” he added.” But actually I think neither party ends up protecting the Fourth Amendment enough, which is the right to privacy.”
Continue reading “Rand Paul: ‘Disingenuous’ Obama Can Stop NSA Spying Any Time He Wants”
TERRORISTS WHO BEHEAD PEOPLE
THE TWIT(TER) PRESIDENT
PULL MY FINGER
AFFORDABLE PLUMBING ACT
Hat tip B.H. Greenwood
Only weeks after leaving office on January 20, 2017, former President Barack Obama discovers a leak under his sink, so he calls Troy the Plumber to come out and fix it.
Troy drives to President Obama’s new house, which is located in a very exclusive, gated community near Chicago where all the residents have a net income of way more than $250,000 per year.
Troy arrives and takes his tools into the house. He is led to the guest bathroom that contains the leaky pipe under the sink. Troy assesses the problem and tells President Obama that it’s an easy repair that will take less than 10 minutes. President Obama asks Troy how much it will cost. Troy checks his rate chart and says, “$9,500.”
“What?! $9,500?!” Obama asks, stunned, “But you said it’s an easy repair. Michelle will whip me if I pay a plumber that much!”
Troy says, “Yes, but what I do is charge those who make more than $250,000 per year a much higher amount so I can fix the plumbing of poorer people for free. This has always been my philosophy. As a matter of fact, I lobbied the Democrat Congress, who passed this philosophy into law. Now all plumbers must do business this way. It’s known as the ‘Affordable Plumbing Act of 2014’. I’m surprised you haven’t heard of it.”
FRIDAY OBAMA FAIL
120% Proof That Racism Exists?
Hat tip Boston Bob
This is pretty conclusive proof the country is racist. Case closed. Wal-Mart actually hires morons like this woman. I think she is definitely management material. This is your average Obama/Hillary voter.
CHICAGO HAS SOME JUNK IN THE TRUNK
I love the smell of arrogant, liberal, tax and spend, Democrat, union loving, Keynesian douchebags when their city’s finances blow up in their faces. It seems Obama’s pal Rahm Emanuel has put another nail in the coffin of Chicago. The only thing going up faster than the body count in Chicago is the interest rate on its now junk bond debt. Chicago is now the Greece of the United States.
I can’t think of a better place to house the Obama library than a bankrupt city, run by corrupt politicians, and more dangerous on a Saturday night than Yemen. The death spiral of our urban ghetto shitholes run by liberal Democrats continues unabated. These corrupt politicians and their union acolytes are running out of other people’s money. The producers have left the building. All that is left are parasites and cockroaches.
By Darrell Preston
Chicago may have to pay banks as much as $2.2 billion after Moody’s Investors Service dropped its credit rating to junk, deepening the fiscal crisis in the third-largest U.S. city.The company’s decision Tuesday to cut Chicago’s $8.1 billion of general obligations two ranks to Ba1, one step below investment grade, allows banks to demand that the city repay debt early and exposes it to fees to end swaps contracts, Moody’s said in a statement. JPMorgan Chase & Co., Barclays Plc and Wells Fargo & Co. are among the city’s bankers.The downgrade adds to the financial pressure on Chicago, which was already the lowest-rated of any big U.S. city except Detroit. It follows an Illinois Supreme Court ruling last week that safeguards retirement benefits, casting doubt on Chicago’s ability to curb its $20 billion pension-fund shortfall.
“It certainly becomes a wakeup call for action for the political leaders, and also other parties, to come to the table and find a solution,” said Dan Heckman, senior fixed-income strategist at U.S. Bank Wealth Management, which oversees about $128 billion in Kansas City, Missouri.
Chicago’s cash-strapped retirement funds are exerting a growing strain on the city after it failed for years to set aside enough money to cover the benefits it promised. The annual payment into workers’ pensions is set to rise by $600 million next year.
Beyond RealityMayor Rahm Emanuel, a second-term Democrat, criticized Moody’s decision.
“While Chicago’s financial crisis is very real and at our doorsteps, today’s irresponsible decision by Moody’s to downgrade the city’s credit by two steps goes far beyond that reality,” Emanuel said in a statement Tuesday.
Chicago was already rushing to refinance $900 million of floating-rate debt to reduce the penalties it now faces because of the Moody’s downgrade. It’s planning to go ahead with sales set for next week, according to city officials who weren’t authorized to discuss the deal publicly. Some $383 million of bonds are scheduled to be sold, according to data compiled by Bloomberg.
The city still has investment-grade ratings from Standard & Poor’s, Kroll Bond Rating Agency and Fitch Ratings.
Higher YieldsStill, Chicago will confront higher borrowing costs if it proceeds with next week’s sale, said Michael Johnson, managing partner at Gurtin Fixed Income Management, which oversees $9 billion of munis in Solana Beach, California.
“I don’t necessarily think it would totally lock them out of the market, but I’m not sure they’re prepared to pay the interest rate they may have to pay to actually sell the bonds,” said Johnson, whose firm sold its Chicago holdings years ago.
The yield on taxable city bonds maturing in January 2035 rose Wednesday to 7.55 percent, the highest since March 2011. The price has fallen 16 percent since mid-February to $1.02 on the dollar.
The rating cut triggers provisions in variable-rate bond and swap contracts that allow banks to “immediately demand” termination fees and accelerated payments of interest and principal, Moody’s said. That’s similar to requiring a homeowner to repay a 30-year mortgage in a matter of years. Such provisions helped push Jefferson County, Alabama, into bankruptcy after the 2008 credit crisis.
Persuading BanksJPMorgan, Barclays and Wells Fargo are among those that have agreed to act as buyers of last resort for Chicago’s variable-rate debt or sold it swap contracts, according to city documents.
Jessica Francisco, a spokeswoman for JPMorgan in New York, declined to comment. Elise Wilkinson, a spokeswoman for Wells Fargo in Charlotte, North Carolina, had no immediate comment. Mark Lane, a spokesman with Barclays in New York, didn’t respond to a request for comment.
City officials may be able to persuade its banks not to demand the penalties as long as Chicago can move ahead with its refinancing plan, said Johnson, the partner at Gurtin Fixed Income.
“I would guess that most of their counterparties would be fine letting them go,” he said. “If they end up not selling it, then that creates significantly more risk.”
The obstacles raised by Chicago’s underfunded retirement system increased after the May 8 Illinois Supreme Court decision, which held that the state couldn’t cut retiree benefits.
Court ChallengeThat ruling may bear on legal challenges to Chicago pension overhauls that affect about 60,000 employees.
The suits were put on hold pending the outcome of the Illinois lawsuit. With the ruling in hand, lawyers for the city, the state, the workers and their pension fund appeared before a Chicago judge Wednesday to map out a plan to resolve their cases. At the hearing, Cook County Circuit Judge Rita Novak said the state’s high court will have the last word on the case.
Moody’s said in a statement that the city’s options have “narrowed considerably” because of the ruling.
“The Supreme Court ruling in our view raises the risk that Chicago’s pension reform won’t work,” said Matthew Butler, an analyst with Moody’s.
U.S. Officials Panic About Seymour Hersh Story; Then Deny His Claims Using Jedi Mind Tricks
Guest post by
What really struck me last evening as I was reading Seymour Hersh’s article exposing the bin Laden raid story as a farce, was the fact that it answered in detail so many of the questions I’ve had about the raid over the years. For example:
In 2012, I wrote the post: New Emails Say No Sailors Watched Bin Laden’s Burial at Sea
This was followed up in 2013 with: U.S. Government’s Secret Move to Hide Files on the Osama Bin Laden Raid
Then, finally in 2014: The U.S. Military Ordered Bin Laden Photos Destroyed 10 Days After Freedom of Information Act Request
Commenting on the burial aspect of this White House fairytale, I noted:
The Osama Bin Laden raid was suspect from the very beginning. Not only were key initial descriptions of the assault completely incorrect (such as him being armed and his wife being killed), but the manner in which his body was rapidly tossed into the ocean was beyond bizarre. I mean, Tony Soprano keeps a body longer than that.
What’s even more incredible than the latest Hersh article, is the U.S. government’s pathetic attempt to deny it. Officials are basically responding by saying things like “you’d have to believe the government would lie to you,” and “there are too many inaccuracies to respond to all of them.
Triumph Of The Will
You may tire of comparisons between the USA!USA!USA! and Nazi Germany. Too bad! President Oreo is very much like Hitler, whether you want to admit it, or not. (Hopefully, Oreo’s fate will mirror Hitler’s.)
“The best way to take control over a people and control them utterly is to take a little of their freedom at a time, to erode rights by a thousand tiny and almost imperceptible reductions. In this way, the people will not see those rights and freedoms being removed until past the point at which these changes cannot be reversed.” – Adolf Hitler
“The receptivity of the masses is very limited, their intelligence is small, but their power of forgetting is enormous. In consequence of these facts, all effective propaganda must be limited to a very few points and must harp on these in slogans until the last member of the public understands what you want him to understand by your slogan.” – Adolf Hitler
https://www.youtube.com/watch?feature=player_detailpage&v=OitnMp8MWb0
OBAMA’S PLAN IS WORKING TO PERFECTION
The destruction of our coal industry by Obama is proceeding perfectly. So 4,000 workers have to be sacrificed at the altar of global warming. Big deal. They’re just peasants. Al Gore, Leonardo Dicaprio, and our savior Obama don’t need coal to fuel their luxury jets and Air Force One. They say “Let Them Eat Sunshine”. We are on the verge of green energy independence. Everything would be perfect if Buffett’s oil trains would just stop derailing and blowing up every week.
FORWARD!!!!
Second Largest Coal Miner East Of The Mississippi Files For Bankruptcy: 4000 Patriot Coal Jobs In Peril
Submitted by Tyler Durden on 05/12/2015 09:23 -0400
At last check Patriot Coal had around 4000 employees. Those soon to be former employees will soon require yet another massive seasonal adjustment by the BLS to be “adjusted” out, because moments ago the second largest coal miner east of the Mississippi and the second largest producer of thermal coal in the eastern US filed Chapter 11 bankruptcy.
As part of its filing, the Peabody spinoff announced it had obtained a $100 million DIP, which will be sued to fund the company until it finds a “strategic buyer” or otherwise restructures its balance sheet. Alas, with the price of coal being where it is these days, the most likely outcome for ticker formerly known as PCX is an outright liquidation and another 4000 people in the rest belt left without jobs who, just like the case of Denny Ryder of Decatur, IL, will promptly disappear from the labor force so as not to spoil the US “recovery” propaganda.
Seymour Hersh: Obama’s Entire Account Of bin Laden’s Death Is One Big Lie; This Is What Really Happened
Submitted by Tyler Durden on 05/10/2015 21:43 -0400
The last time famed US investigative journalist Seymour Hersh made news in the global media was with his massive, 5000-word expose from April of 2014 “The Red Line and the Rat Line” revealing the true motives behind the Syrian near-war of 2013 including what we had said from the very beginning: the very professionally created YouTube clips showing the consequences of what was said to have been an Assad poison gas attack, were nothing but a fake (subsequent reports identified the propaganda source as Rami Abdul Rahman of the Syrian Observatory for Human Rights, whose entire operation has been funded by an unidentified European country.)
Fast forward to today when in a report whose word count doubles his previous record for the London Review of Books, Hersh targets a topic near and dear to the hearts of many Americans: the story of the capture and death of Osama bin Laden. Or rather the completely false and, according to Hersh, fabricated story, one made up entirely by the US president and spoon fed for popular consumption with the aid of a Hollywood blockbuster whose entire plot line is, if Hersh is correct, one big lie as well.
In a nutshell, and one really needs to read Hersh’s magnum opus as no amount of abbreviation will do it justice, Hersh accuses Obama of not only taking credit for the al Qaeda leader’s death, but fabricating the story that resulted from what has been widely reported to have been a Navy seal incursion into bin Laden’s Abbottabad compound in Pakistan. As a result the military and intelligence communities were forced to scramble and then corroborate the president’s version of events.
Hersh uses several sources for his refutation of the official narrative, including Asad Durrani, who was head of the Pakistani Inter-Service Intelligence agency in the early 1990s, as well as various American sources, of which the major source “is a retired senior intelligence official who was knowledgeable about the initial intelligence about bin Laden’s presence in Abbottabad. He also was privy to many aspects of the Seals’ training for the raid, and to the various after-action reports.”
Hersh also uses two other US sources, who had access to corroborating information, have been longtime consultants to the Special Operations Command, and also had information “from inside Pakistan about widespread dismay among the senior ISI and military leadership – echoed later by Durrani – over Obama’s decision to go public immediately with news of bin Laden’s death.”
Needless to say, the White House did not respond to Hersh’s requests for comment.
Among the many allegations of Hersh’s report are that:
- bin Laden had been a prisoner of the Pakistan intelligence at the Abbottabad compound since 2006 (something revealed previously in “Osama bin Laden ‘protected by Pakistan in return for Saudi cash“)
- that the two most senior Pakistani military leaders knew of the raid in advance and had made sure that the two helicopters delivering the Seals to Abbottabad could cross Pakistani airspace without triggering any alarms;
- that the CIA did not learn of bin Laden’s whereabouts by tracking his couriers, as the White House has claimed since May 2011, but from a former senior Pakistani intelligence officer who betrayed the secret in return for much of the $25 million reward offered by the US,
- and that, while Obama did order the raid and the Seal team did carry it out, many other aspects of the administration’s account were false.
Hersh notes that the Obama administration originally agreed to announce bin Laden had been killed in a drone strike rather than shot during an active Special Forces mission: