NEW POSTS AT LIBERAL-EDUCATION.COM

Just wanted to let everyone know that our new posts are at http://www.liberal-education.com.  See you there.

Experts Say Recession Will End This Year…

Echoing Ben Bernake several “financial experts” are saying that the recession will end this year thanks to the Obama’s policies.  We think it is pretty dumb to make such a bold statement when history is not even remotely on your side, but here’s what was said in a recent article:

“A group of financial wizards looked into their crystal ball Tuesday and saw some good news.

The recession will ease by the end of this year and companies will begin adding workers, signaling the end of the worst economic downturn since the Great Depression. (Source Yahoo)”

The yahoo/ap article is clearly one sided in favor of Obama’s policies, going so far as to say we would enter a depression if he had not been elected and pushed his stimulus:

“[Not having Obama's stimulus] would take what is now a severe recession and actually turn it into a deep depression,” he said. “We think the fiscal stimulus package is vital in turning around attitudes toward the economy.”

The historical evidence is too numerous to go over in it’s entirety, suffice to say that these “experts” have obviously never looked at the Japanese stimulus failures, the failure of the new deal (19% unemployment after 6 years of stimulus), etc. etc.  Doesn’t it just annoy you to know you are only getting one side of the story in the main stream media?  The bias is overwhelming. 

Liberal-education.com, where you can rate your professor for liberal bias.  It’s kind of like ratemyprofessor but for bias!

 

 

Democrats Uniting Under Obama Budget…Make Inaccurate Statments to Public

Democrats met at the capitol today to show support for Obama’s budget. 

“This budget will protect President Obama’s priorities — education, energy, health care, middle class tax relief and cut the deficit in half,” Senate Majority Leader Harry Reid, D-Nev., said after the chief executive met privately in the Capitol with rank-and-file Democrats.” (Source yahoo news)”

Here’s the rub:

“The House plan foresees a deficit of $1.2 trillion for 2010 but would cut that to $598 billion after five years. The comparable Senate estimates are $1.2 trillion in 2010 and $508 billion in 2014.(Source yahoo news)”

They are planning on cutting their deficit in half.  They could just have easily have made the budget $100 trillion for this year, and then have it down to $50 trillion in 2010 and make the same claim of “cutting the deficit in half.”  Also bear in mind the following, quoted from our March 20th blog:

“The Congressional Budget Officefigures, obtained by The Associated Press Friday, predict Obama’s budget will produce $9.3 trillion worth of red ink over 2010-2019.” (Source)

The Bush White house created $3 trillion in debt from 2001 to 2008, almost his entire term as President.  Given the projected $9.3 trillion in debt Obama will produce over the next 8 years it is more accurate to say he is tripling the deficit, not cutting it in half. 

Rate your professors/rate my professor for liberal bias at liberal-education.com.  It’s kind of like ratemyprofessor but for bias!

Recent Events Video 3/24/09

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Obama Means Capitalism is Dead In U.S.

Obama had the following to say during his most recent news conference:

“Bankers and executives on Wall Street need to realize that enriching themselves on the taxpayers’ dime is inexcusable, that the days of outsized rewards and reckless speculation that puts us all at risk have to be over,”

Add to this statement the one recently made by Obama’s right hand man Geithner:

“AIG highlights broad failures of our financial system.  We must ensure that our country never faces this situation again.”

and a scary picture starts to develop.  What they are saying without saying it is that capitalism is dead in the U.S. and the Obamanomics of government control of business, the redistributin of wealth, and a soon to be worthless currency is the future of this country. 

Rate your professors/rate my professor for liberal bias at liberal-education.com.  It’s kind of like ratemyprofessor but for bias!

 

A Little Humor

True story out of yahoo news…

BRISBANE, Australia – An Australian man was convicted Wednesday of murdering a fellow beekeeper so he could steal 40,000 Australian dollars ($27,880) worth of honey and has been sentenced to life in prison.

We at liberal-education.com have obtained an exclusive picture of the murderer which can be seen below…

 

 

 

 

 

 

Gallop Poll Shows Majority Think Economy Is Getting Worse

According to gallup.com the vast majority of Americans think the economy is getting worse:

“Public optimism about the U.S. economy — although still scarce, with only 27% of Americans saying the economy is getting better and 67% saying it is getting worse — is now broader than at any point in Gallup’s 15 months of daily consumer polling.”

Funny how Gallup tries to spin these numbers as positive.  So 2/3 of Americans think the economy is getting worse, the liberally controlled congress has a 39% approval rating and yet the people are still behind Obama.  In fact 39% is a four year high, and this is the reason:

That’s right, as soon as Obama took office the Congress approval rate went up…39%.  How does it happen that the majority of people think the economy is in the crapper and that the all liberal congress is doing a bad job, yet Obama still has a relatively high 59% approval rating?  On top of that is the fact that the liberal controlled congress had an 11% approval rating only a few months back and yet the people re-elected all of those liberal members and then some!  I think these numbers go to show that people don’t know what they are voting for or what they think about their own political party.

Rate your professors/rate my professor for liberal bias at liberal-education.com.  It’s kind of like ratemyprofessor but for bias!

China Uneasy About Holding $1 Trillion US Dollars…Calls for New Global Currency

China currently holds around $1,200,000,000,000.00 American Dollars.  Given that fact they are getting a bit uneasy about what is looking to be a very bad investment.  According to huffingtonpost.com China is looking to move out of the dollar game:

“China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week’s London summit on the financial crisis.

The surprise proposal by Beijing’s central bank governor reflects unease about its vast holdings of U.S. government bonds and adds to Chinese pressure to overhaul a global financial system dominated by the dollar and Western governments.”

Consider this, besides calling for a global currency, China has also started buying up companies to unload their dollars.  What will happen when they throw their hands up (I expect quite soon) and cash in those bonds? 

Rate your professors/rate my professor for liberal bias at liberal-education.com.  It’s kind of like ratemyprofessor but for bias!

GM to Fire Thousands…Starting Today

GM has just started a round of massive layoffs according to yahoo news:

“It’s the beginning of 3,400 salaried layoffs in the U.S. and part of the 47,000 job cuts that GM wants to accomplish worldwide by the end of the year, Wilkinson said.”

Interesting that they start the layoffs with non-union execs.  Also interesting that they don’t seem to mention if any of the grossly overpaid union employees will get the ax at all.   You can rest assured that these cuts came directly from Obama and his administration. 

• Government takeover of industry and lending
• Unions on the rise and untouched by Government
• The firing of the wealthy through these government puppet corporations

Sounds like class warfare Communism to me…

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Obama Administration Putting Final Touches on Permanent Government Control of the Economy

Treasury Secretary Timothy Geithner asked Congress on Tuesday for broad new powers to regulate nonbank financial companies like troubled insurer American International Group whose collapse could jeopardize the economy.

“AIG highlights broad failures of our financial system,” Geithner told the House Financial Services Committee. “We must ensure that our country never faces this situation again.”(source yahoo)

The Obama admisistration method is as follows: Company A is in trouble, Company A got that way because of it’s bad (capitalist) business practices,  if we let Company A fail it might bring down the economy as a whole, Company A deserves our help.  This is the “wolf in sheep’s clothing method” of presenting government takeover as the only option to save these companies.  Do you believe what they are saying?

Consider the following from The Socialisation of Society, by Rosa Luxemburg:

“All social wealth, the land with all its natural resources hidden in its bowels and on the surface, and all factories and works must be taken out of the hands of the exploiters and taken into common property of the people. The first duty of a real workers’ government is to declare by means of a series of decrees the most important means of production to be national property and place them under the control of society.” 

THE DEVIL IS IN THE DETAILS:

“We must ensure that our country never faces this situation again.”

What do you think that means?  Does Geithner mean this is a  temporary fix through temporary government control, or does he mean that the only way to fix the economy is permanent takeover of these companies?  Does that second option sounds a bit familiar?

“The first duty of a real workers’ government is to declare by means of a series of decrees the most important means of production to be national property and place them under the control of society.”

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