Bits and pieces from an article in the West Central Tribune (Willmar, MN):
For Oberstar, recovery bill what’s needed; for Peterson, bill does little to generate jobs in stagnant economy
By Don Davis ddavis@wctrib.com
ST. PAUL — An economic stimulus package that would send $4.5 billion to Minnesota deeply divided two of the state’s most powerful politicians.
“It is a wide-ranging investment in America,” U.S. Rep. Jim Oberstar said.
“This would go against everything I have been for,” U.S. Rep. Collin Peterson countered.
Peterson joined 10 other Democrats and all House Republicans in voting against the measure that passed 244-188. He said that passing no bill would be better than the one the House backed.
“We need to let this thing (economy) bottom out and then spend the money to fix it,” Peterson said, adding that is not what people want to hear.
The bill heads to the Senate next week, where Peterson predicted it will inflate to more than $900 billion, and is due on President Obama’s desk by mid-February.
Peterson said the bill does not do enough to create jobs. He said it should have focused on “programs directly resulting in job creation and infrastructure projects, and for unemployment compensation and food stamps.”
His biggest complaint is that the $819 billion, plus $350 billion in loan interest payments, just add to the country’s debt.
“We are borrowing this money from China,” he said.
Eventually, Peterson added, China will stop lending money to the United States, and interest rates will soar.
and this is classic:
“Maybe I shouldn’t have taken economics in college,” he said. “It would have been easier to go along with this.”
So true. Thank you Rep. Peterson. You've given me a small ray of hope that there are still politicians who think and do what is right.
Friday, January 30, 2009
Saturday, January 24, 2009
Limbaugh - American Hero :>)
Limbaugh Responds to Obama [Byron York]
According to an account in the New York Post, President Barack Obama yesterday told Republican leaders, "You can't just listen to Rush Limbaugh and get things done." With George W. Bush now off the stage, it may be that Obama and some of his fellow Democrats view Limbaugh, and not John Boehner, Mitch McConnell, or any other elected official, as the true leader of the Republican opposition. This morning I asked Rush for his thoughts on all this, and here is his response:
There are two things going on here. One prong of the Great Unifier's plan is to isolate elected Republicans from their voters and supporters by making the argument about me and not about his plan. He is hoping that these Republicans will also publicly denounce me and thus marginalize me. And who knows? Are ideological and philosophical ties enough to keep the GOP loyal to their voters? Meanwhile, the effort to foist all blame for this mess on the private sector continues unabated when most of the blame for this current debacle can be laid at the feet of the Congress and a couple of former presidents. And there is a strategic reason for this.
Secondly, here is a combo quote from the meeting:
"If we don't get this done we (the Democrats) could lose seats and I could lose re-election. But we can't let people like Rush Limbaugh stall this. That's how things don't get done in this town."
To make the argument about me instead of his plan makes sense from his perspective. Obama's plan would buy votes for the Democrat Party, in the same way FDR's New Deal established majority power for 50 years of Democrat rule, and it would also simultaneously seriously damage any hope of future tax cuts. It would allow a majority of American voters to guarantee no taxes for themselves going forward. It would burden the private sector and put the public sector in permanent and firm control of the economy. Put simply, I believe his stimulus is aimed at re-establishing "eternal" power for the Democrat Party rather than stimulating the economy because anyone with a brain knows this is NOT how you stimulate the economy. If I can be made to serve as a distraction, then there is that much less time debating the merits of this TRILLION dollar debacle.
Obama was angry that Merrill Lynch used $1.2 million of TARP money to remodel an executive suite. Excuse me, but didn't Merrill have to hire a decorator and contractor? Didn't they have to buy the new furnishings? What's the difference in that and Merrill loaning that money to a decorator, contractor and goods supplier to remodel Warren Buffet's office? Either way, stimulus in the private sector occurs. Are we really at the point where the bad PR of Merrill getting a redecorated office in the process is reason to smear them? How much money will the Obamas spend redecorating the White House residence? Whose money will be spent? I have no problem with the Obamas redoing the place. It is tradition. 600 private jets flown by rich Democrats flew into the Inauguration. That's fine but the auto execs using theirs is a crime? In both instances, the people on those jets arrived in Washington wanting something from Washington, not just good will.
If I can be made to serve as a distraction, then there is that much less time debating the merits of the trillion dollar debacle.
One more thing, Byron. Your publication and website have documented Obama's ties to the teachings of Saul Alinksy while he was community organizing in Chicago. Here is Rule 13 of Alinksy's Rules for Radicals:
"Pick the target, freeze it, personalize it, and polarize it."
According to an account in the New York Post, President Barack Obama yesterday told Republican leaders, "You can't just listen to Rush Limbaugh and get things done." With George W. Bush now off the stage, it may be that Obama and some of his fellow Democrats view Limbaugh, and not John Boehner, Mitch McConnell, or any other elected official, as the true leader of the Republican opposition. This morning I asked Rush for his thoughts on all this, and here is his response:
There are two things going on here. One prong of the Great Unifier's plan is to isolate elected Republicans from their voters and supporters by making the argument about me and not about his plan. He is hoping that these Republicans will also publicly denounce me and thus marginalize me. And who knows? Are ideological and philosophical ties enough to keep the GOP loyal to their voters? Meanwhile, the effort to foist all blame for this mess on the private sector continues unabated when most of the blame for this current debacle can be laid at the feet of the Congress and a couple of former presidents. And there is a strategic reason for this.
Secondly, here is a combo quote from the meeting:
"If we don't get this done we (the Democrats) could lose seats and I could lose re-election. But we can't let people like Rush Limbaugh stall this. That's how things don't get done in this town."
To make the argument about me instead of his plan makes sense from his perspective. Obama's plan would buy votes for the Democrat Party, in the same way FDR's New Deal established majority power for 50 years of Democrat rule, and it would also simultaneously seriously damage any hope of future tax cuts. It would allow a majority of American voters to guarantee no taxes for themselves going forward. It would burden the private sector and put the public sector in permanent and firm control of the economy. Put simply, I believe his stimulus is aimed at re-establishing "eternal" power for the Democrat Party rather than stimulating the economy because anyone with a brain knows this is NOT how you stimulate the economy. If I can be made to serve as a distraction, then there is that much less time debating the merits of this TRILLION dollar debacle.
Obama was angry that Merrill Lynch used $1.2 million of TARP money to remodel an executive suite. Excuse me, but didn't Merrill have to hire a decorator and contractor? Didn't they have to buy the new furnishings? What's the difference in that and Merrill loaning that money to a decorator, contractor and goods supplier to remodel Warren Buffet's office? Either way, stimulus in the private sector occurs. Are we really at the point where the bad PR of Merrill getting a redecorated office in the process is reason to smear them? How much money will the Obamas spend redecorating the White House residence? Whose money will be spent? I have no problem with the Obamas redoing the place. It is tradition. 600 private jets flown by rich Democrats flew into the Inauguration. That's fine but the auto execs using theirs is a crime? In both instances, the people on those jets arrived in Washington wanting something from Washington, not just good will.
If I can be made to serve as a distraction, then there is that much less time debating the merits of the trillion dollar debacle.
One more thing, Byron. Your publication and website have documented Obama's ties to the teachings of Saul Alinksy while he was community organizing in Chicago. Here is Rule 13 of Alinksy's Rules for Radicals:
"Pick the target, freeze it, personalize it, and polarize it."
Friday, January 23, 2009
Courageous Woman!
Arab Woman gives Muslims a Thrashing! - click here
Def. worth a watch. I wonder how much longer she will live. She definately has guts to say the least.
Def. worth a watch. I wonder how much longer she will live. She definately has guts to say the least.
Thursday, January 22, 2009
Here comes Socialism
Excellent op ed piece by Dick Morris, former advisor to President Bill Clinton found here
Monday, January 12, 2009
On the flip side . . .
Bush's Achievements
Ten things the president got right.
by Fred Barnes
You can find the full article here
In Summary:
1) Standing up to the Global Warming alarmists and let the facts catch up with the hysteria.
2) Enhanced interrogation of terrorists
3) Rebuilding of presidential authority, which was badly degraded in the era of Vietnam, Watergate, and Bill Clinton.
4) Bush's unswerving support for Israel
5) His fifth success was No Child Left Behind (NCLB), the education reform bill cosponsored by America's most prominent liberal Democratic senator Edward Kennedy.
6) Sixth, Bush declared in his second inaugural address in 2005 that American foreign policy (at least his) would henceforth focus on promoting democracy
around the world.
7) The seventh achievement is the Medicare prescription drug benefit, enacted in 2003. It's not only wildly popular; it has cost less than expected by triggering competition among drug companies.
8) Then there were John Roberts and Sam Alito. In putting them on the Supreme Court and naming Roberts chief justice.
9) Bush's ninth achievement has been widely ignored. He strengthened relations with east Asian democracies (Japan, South Korea, Australia) without causing a rift with China.
10) Finally, a no-brainer: the surge
Ten things the president got right.
by Fred Barnes
You can find the full article here
In Summary:
1) Standing up to the Global Warming alarmists and let the facts catch up with the hysteria.
2) Enhanced interrogation of terrorists
3) Rebuilding of presidential authority, which was badly degraded in the era of Vietnam, Watergate, and Bill Clinton.
4) Bush's unswerving support for Israel
5) His fifth success was No Child Left Behind (NCLB), the education reform bill cosponsored by America's most prominent liberal Democratic senator Edward Kennedy.
6) Sixth, Bush declared in his second inaugural address in 2005 that American foreign policy (at least his) would henceforth focus on promoting democracy
around the world.
7) The seventh achievement is the Medicare prescription drug benefit, enacted in 2003. It's not only wildly popular; it has cost less than expected by triggering competition among drug companies.
8) Then there were John Roberts and Sam Alito. In putting them on the Supreme Court and naming Roberts chief justice.
9) Bush's ninth achievement has been widely ignored. He strengthened relations with east Asian democracies (Japan, South Korea, Australia) without causing a rift with China.
10) Finally, a no-brainer: the surge
Understatement of the Year
George Bush: "I readily concede I chucked aside my free-market principles when I was told ... the situation we were facing could be worse than the Great Depression," Bush said. "(But) we've taken extraordinary measures to deal with frozen credit markets (that) have helped thaw the credit market."
I'd say. Nothing like injecting more socialism into the mix to make things worse and last longer than they would have (Inflating the money supply, having the government take partial ownership of private companies, bailing out corrupt power brokers, and still not reforming any laws to make sure this can't happen again).
Now we'll have masss inflation to look forward to as well as a failing global economy.
Of course, things are so screwed up that might have happened anyway.
I'd say. Nothing like injecting more socialism into the mix to make things worse and last longer than they would have (Inflating the money supply, having the government take partial ownership of private companies, bailing out corrupt power brokers, and still not reforming any laws to make sure this can't happen again).
Now we'll have masss inflation to look forward to as well as a failing global economy.
Of course, things are so screwed up that might have happened anyway.
Sunday, January 11, 2009
2008 Results
Haven't posted for quite awhile but will try and give an update at least every couple weeks or so.
Here are my final numbers for 2008:
-$16.28 in cash games.
+469.20 in sng's (cashed in 48% overall with a 9.4% ROI).
-11.80 in mtt sng's.
-76.77 in mtt tournements
+214.28 in bonus's
TOTAL PROFIT = $538.35.
I didn't really play as much this year as I have in the past and had a only a small profit until I started playing double up tournements on Cake. In last four months of the year I cashed in 53%, 62%, 59%, and 54% of my sngs with ROI's ranging from 4% to 19%. The only thing I hate about Cake is paying $35 to cash out which is rediculous since other sites are free. But the play is so bad and rake back ends up paying for the cash out costs.
Here are my final numbers for 2008:
-$16.28 in cash games.
+469.20 in sng's (cashed in 48% overall with a 9.4% ROI).
-11.80 in mtt sng's.
-76.77 in mtt tournements
+214.28 in bonus's
TOTAL PROFIT = $538.35.
I didn't really play as much this year as I have in the past and had a only a small profit until I started playing double up tournements on Cake. In last four months of the year I cashed in 53%, 62%, 59%, and 54% of my sngs with ROI's ranging from 4% to 19%. The only thing I hate about Cake is paying $35 to cash out which is rediculous since other sites are free. But the play is so bad and rake back ends up paying for the cash out costs.
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