Thursday, May 31, 2012

Florida's Voter Purge, Whats Wrong with Florida?

Satirical Demography Of Florida
Sadly, I used to live in Florida, so I know just how messed up the state is...

If you check out the picture on the right, it pretty much sums up the demography of the state.

As you can see, the state is pretty heavily taken up by Hicks, some sane people in Orlando, and then swamp people who make the hicks look like sophisticated Englishmen.

Now of course it is a generalization and very satirical, I know plenty of people who do not fit into this, but then plenty who do....

The voter purge in Florida is sadly just the tip of the Iceberg. Back in 2004, when bush was running for president and I was a Republican, Florida was a little bit more subtle about the 'Purge'. You didn't get a letter, you didn't notice of any kind, you just went to vote and found out that you were not eligible... How do I know? Because it happened to my aunt, my aunt who was a registered Democrat.... Perhaps it was a fluke, but more than likely it was an intentional vote suppression.

Now, in 2012, The Florida Republicans are at it again....


HB 1355

HB 1355 was passed last year but luckily blocked by a Federal judge due to it's unconstitutionality.
In blocking the new law, U.S. District Judge Robert Hinkle wrote:
The statute and rule impose a harsh and impractical 48-hour deadline for an organization to deliver applications to a voter registration office and effectively prohibit an organization from mailing applications in. And the statute and rule impose burdensome record-keeping and reporting requirements that serve little if any purpose, thus rendering them unconstitutional even to the extent they do not violate the NVRA. [...]
The plaintiffs will suffer irreparable harm if an injunction is not issued, first because the denial of a right of this magnitude under circumstances like these almost always inflicts irreparable harm, and second because when a plaintiff loses an opportunity to register a voter, the opportunity is gone forever.

Voter Purge




Florida Governor Rick Scott

There has also been a voter purge under the leadership of Florida Governor Rick Scott. Recently, the state identified more than 180,000 potential noncitizens that will be vetted and possibly removed from voter registration rolls. The practice sparked controversy when a Miami Herald analysis revealed that Hispanic, Democratic and Independent voters are more likely to be on the list. In fact, 58 percent of those identified as potential noncitizens are Hispanic, according to the Herald's review.

Florida Democrats pushed back on the practice earlier this week, calling on Gov. Rick Scott to end the purge. "Given that this process fails to meet basic standards of accountability, and that the legal authority for automatic removal of registered voters is currently being challenged in both state and federal court, it is irresponsible to proceed so quickly and with so little room for oversight," the letter said.




Mitt Romney's Pledge of Allegiance

Mitt Romney
Mitt Romney Pledge of Allegiance




Wednesday, May 30, 2012

Freedom Explained


Will The Real Mitt Romney Please Stand Up!

Meet the Republican Nominee!!

Yesterday Mitt Romney finally wrapped up the Republican nomination by getting more than 1144 Delegates. Given that our choice for president is now Mitt Romney or Barack Obama, let's take a good look at the real Mitt Romney.


"I like being able to fire people." - Mitt Romney

"Corporations are people my friend." - Mitt Romney

"I'm not concerned about the very poor." - Mitt Romney


"Uh... with regards to abortion... uh...."- Mitt Romney



He Will Do ANYTHING, and Say ANYTHING to Become President

Healthcare: 
 
When Mitt Romney was Governor, he was in support of a mandate.
"I like mandates. The mandates work." - Mitt Romney
However, When running on a national level where the mandate is unpopular among the GOP, Mitt Romney Changed his 'view' and decide he no longer supported the mandate. 
"I think it's unconstitutional on the 10th Amendment front." - Mitt Romney


Women's Health:

When Mitt Romney was Governor, he was in support of a Woman's right to her own body.
"I respect and will protect a woman's right to choose." - Mitt Romney
However, When running on a national level where the GOP is running a War On Women, Mitt Romney retracted his view for a woman's right to her own body and is no longer pro-choice. 
"I never really called myself pro-choice." - Mitt Romney


Worker's Rights:

At one point, Mitt 'stood up' for **cough** **cough**
Sorry
At one point Mitt stood up for worker's rights. 
"I think the minimum wage ought to keep pace with inflation." - Mitt Romney
Will the real Mitt Romney please stand up
"There's no question raising the minimum wage excessively causes a loss of jobs." - Mitt RomneySee: Minimum Wage Increase Would Help Sluggish Economy, Say Experts



Mitt Romney is for Corporations, Not Americans. 

"Corporations are people my friend." - Mitt Romney (See Video Here)

A Better Amercia
A Better Amercia
I think by now, many of us know about Romney's time at Bain capital. How The company would buy companies below the book value then sell it off in pieces. Mitt Romney is a vulture capitalist, although we do need vulture capitalist in our society, we do not need one as president.

On the same day that news of her plans to lay off 30,000 Hewlett-Packard employees leaked to the press, Mitt Romney felt inspired to lavish praise on her managerial skills. Earth to Mitt, Your friend is destroying 30,000 jobs, 30k if you need the apprehension, it is not very smart to praise her for that.... But that's not the end of it...

After getting the needed delegates, Mitt Romney did not go and celebrate with the people, rather he went and celebrated with his corporate friends including Meg Whitman and Donald Trump. In fact, Meg Whitman is throwing a high end fundraiser for Mitt at the 95-room Carolands Chateau, which is on the National Register of Historic Places. Tickets for the event are running as high as $50,000 apiece.



Mitt Romney is a Birther conspirator.

Donald Trump has been seen hand in hand with Mitt Romney lately, and that birther conspiracy shit is beginning to rub off on Mitt.

Mitt Romney Trump Jet in Background

Mitt Romney released a copy of his birth certificate, maybe to show he is a citizen, or maybe to show he agrees with the birther conspirators. Given that there was no need to preform such a release and that he has been hanging out with the number one birther conspirator, it is fair to assume he was doing so for the birthers.

“I was speaking with one of these business owners who owns a couple of restaurants in town,” Romney said. “And he said ‘You know I’d like to change the Constitution, I’m not sure I can do it,’ he said. ‘I’d like to have a provision in the Constitution that in addition to the age of the president and the citizenship of the president and the birthplace of the president being set by the Constitution, I’d like it also to say that the president has to spend at least three years working in business before he could become president of the United States.‘”  - Mitt Romney
 So he is now implying that President Obama is not a legitimate citizen... 


Mitt Romney Has No Backbone:

Mitt Romney's lack of backbone has been self evident through his nomination process, he has flip flopped on many issues, and he stands by while his supporters make outrageous statements about our president.

"We have a president right now that is operating outside the structure of our Constitution," an audience member at a Mitt Romney rally said to applause. "And I want to know -- yeah, I do agree he should be tried for treason -- but I want to know what you would be able to do to restore balance between the three branches of government and what you are going to be able to do to restore our Constitution in this country."
Romney didn't correct the woman, choosing instead to address the question she posed.

He says nothing about the Birther conspirators, including Trump:
Tweet by Donald Trump: “@BarackObama is practically begging @MittRomney to disavow the place of birth movement, he is afraid of it and for good reason" "He keeps using @SenJohnMcCain as an example, however, @SenJohnMcCain lost the election. Don’t let it happen again.”

When Rush Limbaugh called Sandra Fluke a "Slut" Mitt Romney said: "    " then he said “I'll just say this which is it’s not the language I would have used, I’m focusing on the issues I think are significant in the country today" 
Earth to Mitt, Women's Rights are a significant issue!!!


Mitt Romney Avoids any mention of former president George W. Bush, instead calls him Obama's predecessor.


Mitt Romney is part of the 1%

Mitt Romney Children Spell Money
Mitt Romney is running not to lead the country, but to protect his small group of friends that are on top. He is running to protect the 1% and their investments. Mitt Romney has become an investment for the top 1%, that is why super pac after

Romney's Net Worth is over $200 Million

For the past 30 years, the top 1% have been taking all of the gains in production while the rest of us are being left to pick up the scraps.

Investors are not job creators! Investors are investors! Investors are investing to make money and regardless of having high or low taxes if an investment is sound and is going to make a profit, then the investors

Romney's tax plan? Well his tax plan is to significantly cut taxes for the Mega Wealthy!!! how is that going to cut our deficit?

Welcome to Life: the singularity, ruined by lawyers


Tuesday, May 29, 2012

Solyndra, Green Energy, Oil Subsidies

We have been hearing a lot lately about the failed green energy company Solyndra, but what about the oil companies that receive $52 Billion in annual Subsidies?

The talking heads on Faux (fox) news always want to throw around Solyndra and use it to say that Obama is failing as president, they fail to mention how the auto industry is alive and well thanks to Obama's policies and how spending has increased the least under Obama in comparison with preceding presidents.

Facts don't lie, people do
See: Obama Presidency Facts

So lets talk about Solyndra and take a look at the facts. Solyndra received a $535 million loan from the federal government. That's 1.02% of the annual Oil Subsidies.

let me say that again, That is 1.02% of the oil subsidies

Yes, $535 Million is a lot of money, but let's call a spade a spade. WE GIVE OIL COMPANIES $52 BILLION A YEAR!!!!

So how come we are continuing these oil Subsidies? Well people who are for them say  its for
  • Security of supply, 
  • Help the environment
  • Helps the economy
  • Helps employment
If you ask me that is all  Bull Shit!
Oil Subsidies are just another way we are coddling the rich, Oils subsidies are in effect welfare for the rich, this is how they are taking from the poor to give to the rich.
Given how bad the deficit is, why don't we slowly draw back on these subsidies and use that money to pay down the deficit.

With or without the subsidies, the oil companies are still going to produce oil, they are still going to refine it into different things like gas, and we are still going to buy it, even if the price goes up.

Royal Dutch Shell turned a profit of $6.3 billion in the first quarter, and BP, despite lingering costs from the Gulf Coast oil spill, made $7.1 billion.

The Oil Companies are not hurting, we are. 

Given that information, is it fair to criticize Obama for Solyndra? No!

Monday, May 28, 2012

Another case for decriminalization, Portugals 10 Year Experiment

Drug warriors often contend that drug use would skyrocket if we were to legalize or decriminalize drugs in the United States. Fortunately, we have a real-world example of the actual effects of ending the violent, expensive War on Drugs and replacing it with a system of treatment for problem users and addicts.

Ten years ago, Portugal decriminalized all drugs. One decade after this unprecedented experiment, drug abuse is down by half:



Health experts in Portugal said Friday that Portugal’s decision 10 years ago to decriminalise drug use and treat addicts rather than punishing them is an experiment that has worked.

“There is no doubt that the phenomenon of addiction is in decline in Portugal,” said Joao Goulao, President of the Institute of Drugs and Drugs Addiction, a press conference to mark the 10th anniversary of the law.

The number of addicts considered “problematic” — those who repeatedly use “hard” drugs and intravenous users — had fallen by half since the early 1990s, when the figure was estimated at around 100,000 people, Goulao said.

Other factors had also played their part however, Goulao, a medical doctor added.

“This development can not only be attributed to decriminalisation but to a confluence of treatment and risk reduction policies.”
Many of these innovative treatment procedures would not have emerged if addicts had continued to be arrested and locked up rather than treated by medical experts and psychologists. Currently 40,000 people in Portugal are being treated for drug abuse. This is a far cheaper, far more humane way to tackle the problem. Rather than locking up 100,000 criminals, the Portuguese are working to cure 40,000 patients and fine-tuning a whole new canon of drug treatment knowledge at the same time.
None of this is possible when waging a war.



Sources:
www.cato.org
http://www.google.com/hostednews/

25 People Who Deserve the Blame For The current Depression

From Time.com

25 People Who Deserve the Blame For The current Depression


    Angelo Mozilo blame
  • Angelo Mozilo
    • The son of a butcher, Mozilo co-founded Countrywide in 1969 and built it into the largest mortgage lender in the U.S. Countrywide wasn't the first to offer exotic mortgages to borrowers with a questionable ability to repay them. In its all-out embrace of such sales, however, it did legitimize the notion that practically any adult could handle a big fat mortgage. In the wake of the housing bust, which toppled Countrywide and IndyMac Bank (another company Mozilo started), the executive's lavish pay package was criticized by many, including Congress. Mozilo left Countrywide last summer after its rescue-sale to Bank of America. A few months later, BofA said it would spend up to $8.7 billion to settle predatory lending charges against Countrywide filed by 11 state attorneys general  

    Phil Gramm blame
  • Phil Gramm
    • As chairman of the Senate Banking Committee from 1995 through 2000, Gramm was Washington's most prominent and outspoken champion of financial deregulation. He played a leading role in writing and pushing through Congress the 1999 repeal of the Depression-era Glass-Steagall Act, which separated commercial banks from Wall Street. He also inserted a key provision into the 2000 Commodity Futures Modernization Act that exempted over-the-counter derivatives like credit-default swaps from regulation by the Commodity Futures Trading Commission. Credit-default swaps took down AIG, which has cost the U.S. $150 billion thus far.

    Alan Greenspan Blame
  • Alan Greenspan
    • The Federal Reserve chairman — an economist and a disciple of libertarian icon Ayn Rand — met his first major challenge in office by preventing the 1987 stock-market crash from spiraling into something much worse. Then, in the 1990s, he presided over a long economic and financial-market boom and attained the status of Washington's resident wizard. But the super-low interest rates Greenspan brought in the early 2000s and his long-standing disdain for regulation are now held up as leading causes of the mortgage crisis. The maestro admitted in an October congressional hearing that he had "made a mistake in presuming" that financial firms could regulate themselves.

    Chris Cox blame
  • Chris Cox
    • The ex-SEC chief's blindness to repeated allegations of fraud in the Madoff scandal is mind-blowing, but it's really his lax enforcement that lands him on this list. Cox says his agency lacked authority to limit the massive leveraging that set up last year's financial collapse. In truth, the SEC had plenty of power to go after big investment banks like Lehman Brothers and Merrill Lynch for better disclosure, but it chose not to. Cox oversaw the dwindling SEC staff and a sharp drop in action against some traders.

    American Consumers
  • American Consumers
    • In the third quarter of 2008, Americans began saving more and spending less. Hurrah! That only took 40 years to happen. We've been borrowing, borrowing, borrowing — living off and believing in the wealth effect, first in stocks, which ended badly, then in real estate, which has ended even worse. Now we're out of bubbles. We have a lot less wealth — and a lot more effect. Household debt in the U.S. — the money we owe as individuals — zoomed to more than 130% of income in 2007, up from about 60% in 1982. We enjoyed living beyond our means — no wonder we wanted to believe it would never end.

    Hank Paulson
  • Hank Paulson
    • When Paulson left the top job at Goldman Sachs to become Treasury Secretary in 2006, his big concern was whether he'd have an impact. He ended up almost single-handedly running the country's economic policy for the last year of the Bush Administration. Impact? You bet. Positive? Not yet. The three main gripes against Paulson are that he was late to the party in battling the financial crisis, letting Lehman Brothers fail was a big mistake and the big bailout bill he pushed through Congress has been a wasteful mess.

    Joe Cassano
  • Joe Cassano
    • Before the financial-sector meltdown, few people had ever heard of credit-default swaps (CDS). They are insurance contracts — or, if you prefer, wagers — that a company will pay its debt. As a founding member of AIG's financial-products unit, Cassano, who ran the group until he stepped down in early 2008, knew them quite well. In good times, AIG's massive CDS-issuance business minted money for the insurer's other companies. But those same contracts turned out to be at the heart of AIG's downfall and subsequent taxpayer rescue. So far, the U.S. government has invested and lent $150 billion to keep AIG afloat.

    Ian McCarthy
  • Ian McCarthy
    • Homebuilders had plenty to do with the collapse of the housing market, not just by building more homes than the country could stomach, but also by pressuring people who couldn't really afford them to buy in. As CEO of Beazer Homes since 1994, McCarthy has become something of a poster child for the worst builder behaviors. An investigative series that ran in the Charlotte Observer in 2007 highlighted Beazer's aggressive sales tactics, including lying about borrowers' qualifications to help them get loans. The FBI, Department of Housing and Urban Development and IRS are all investigating Beazer. The company has admitted that employees of its mortgage unit violated regulations — like down-payment-assistance rules —at least as far back as 2000. It is cooperating with federal investigators.
    Frank Raines
  • Frank Raines
    • The mess that Fannie Mae has become is the progeny of many parents: Congress, which created Fannie in 1938 and loaded it down with responsibilities; President Lyndon Johnson, who in 1968 pushed it halfway out the government nest and into a problematic part-private, part-public role in an attempt to reduce the national debt; and Jim Johnson, who presided over Fannie's spectacular growth in the 1990s. But it was Johnson's successor, Raines, who was at the helm when things really went off course. A former Clinton Administration Budget Director, Raines was the first African-American CEO of a Fortune 500 company when he took the helm in 1999. He left in 2004 with the company embroiled in an accounting scandal just as it was beginning to make big investments in subprime mortgage securities that would later sour. Last year Fannie and rival Freddie Mac became wards of the state.
 
    Kathleen Corbet
  • Kathleen Corbet
    • By slapping AAA seals of approval on large portions of even the riskiest pools of loans, rating agencies helped lure investors into loading on collateralized debt obligations (CDOs) that are now unsellable. Corbet ran the largest agency, Standard & Poor's, during much of this decade, though the other two major players, Moody's and Fitch, played by similar rules. How could a ratings agency put its top-grade stamp on such flimsy securities? A glaring conflict of interest is one possibility: these outfits are paid for their ratings by the bond issuer. As one S&P analyst wrote in an email, "[A bond] could be structured by cows and we would rate it." 
    Dick Fuld
  • Dick Fuld
    • The Gorilla of Wall Street, as Fuld was known, steered Lehman deep into the business of subprime mortgages, bankrolling lenders across the country that were making convoluted loans to questionable borrowers. Lehman even made its own subprime loans. The firm took all those loans, whipped them into bonds and passed on to investors billions of dollars of what is now toxic debt. For all this wealth destruction, Fuld raked in nearly $500 million in compensation during his tenure as CEO, which ended when Lehman did.

    Marion and Herb Sandler
  • Marion and Herb Sandler
    • In the early 1980s, the Sandlers' World Savings Bank became the first to sell a tricky home loan called the option ARM. And they pushed the mortgage, which offered several ways to back-load your loan and thereby reduce your early payments, with increasing zeal and misleading advertisements over the next two decades. The couple pocketed $2.3 billion when they sold their bank to Wachovia in 2006. But losses on World Savings' loan portfolio led to the implosion of Wachovia, which was sold under duress late last year to Wells Fargo.

    Bill Clinton
  • Bill Clinton
    • President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment.

    George W. Bush
  • George W. Bush
    • From the start, Bush embraced a governing philosophy of deregulation. That trickled down to federal oversight agencies, which in turn eased off on banks and mortgage brokers. Bush did push early on for tighter controls over Fannie Mae and Freddie Mac, but he failed to move Congress. After the Enron scandal, Bush backed and signed the aggressively regulatory Sarbanes-Oxley Act. But SEC head William Donaldson tried to boost regulation of mutual and hedge funds, he was blocked by Bush's advisers at the White House as well as other powerful Republicans and quit. Plus, let's face it, the meltdown happened on Bush's watch.

    Stan O'Neal
  • Stan O'Neal
    • Merrill Lynch's celebrated CEO for nearly six years, ending in 2007, he guided the firm from its familiar turf — fee businesses like asset management — into the lucrative game of creating collateralized debt obligations (CDOs), which were largely made of subprime mortgage bonds. To provide a steady supply of the bonds — the raw pork for his booming sausage business —O'Neal allowed Merrill to load up on the bonds and keep them on its books. By June 2006, Merrill had amassed $41 billion in subprime CDOs and mortgage bonds, according to Fortune. As the subprime market unwound, Merrill went into crisis, and Bank of America swooped in to buy it. 
 
    Wen Jiabao
  • Wen Jiabao
    • Think of Wen as a proxy for the Chinese government — particularly those parts of it that have supplied the U.S. with an unprecedented amount of credit over the past eight years. If cheap credit was the crack cocaine of this financial crisis — and it was — then China was one of its primary dealers. China is now the largest creditor to the U.S. government, holding an estimated $1.7 trillion in dollar-denominated debt. That massive build-up in dollar holdings is specifically linked to China's efforts to control the value of its currency. China didn't want the renminbi to rise too rapidly against the dollar, in part because a cheap currency kept its export sector humming — which it did until U.S. demand cratered last fall. 
 
    • When the chief economist at the National Association of Realtors, an industry trade group, tells you the housing market is going to keep on chugging forever, you listen with a grain of salt. But Lereah, who held the position through early 2007, did more than issue rosy forecasts. He regularly trumpeted the infallibility of housing as an investment in interviews, on TV and in his 2005 book, Are You Missing the Real Estate Boom?. Lereah says he grew concerned about the direction of the market in 2006, but consider his January 2007 statement: "It appears we have established a bottom." 
 
  • John Devaney
    • Hedge funds played an important role in the shift to sloppy mortgage lending. By buying up mortgage loans, Devaney and other hedge-fund managers made it profitable for lenders to make questionable loans and then sell them off. Hedge funds were more than willing to swallow the risk in exchange for the promise of fat returns. Devaney wasn't just a big buyer of mortgage bonds — he had his own $600 million fund devoted to buying risky loans — he was one of its cheerleaders. Worse, Devaney knew the loans he was funding were bad for consumers. In early 2007, talking about option ARM mortgages, he told Money, "The consumer has to be an idiot to take on one of those loans, but it has been one of our best-performing investments." 
 
  • Bernie Madoff
    • His alleged Ponzi scheme could inflict $50 billion in losses on society types, retirees and nonprofits. The bigger cost for America comes from the notion that Madoff pulled off the biggest financial fraud in history right under the noses of regulators. Assuming it's all true, the banks and hedge funds that neglected due diligence were stupid and paid for it, while the managers who fed him clients' money — the so-called feeders — were reprehensibly greedy. But to reveal government and industry regulators as grossly incompetent casts a shadow of doubt far and wide, which crimps the free flow of investment capital. That will make this downturn harder on us all.
 
  • Lew Ranieri
    • Meet the father of mortgage-backed bonds. In the late 1970s, the college dropout and Salomon trader coined the term securitization to name a tidy bit of financial alchemy in which home loans were packaged together by Wall Street firms and sold to institutional investors. In 1984 Ranieri boasted that his mortgage-trading desk "made more money than all the rest of Wall Street combined." The good times rolled: as homeownership exploded in the early '00s, the mortgage-bond business inflated Wall Street's bottom line. So the firms placed even bigger bets on these securities. But when subprime borrowers started missing payments, the mortgage market stalled and bond prices collapsed. Investment banks, overexposed to the toxic assets, closed their doors. Investors lost fortunes.
 
  • Burton Jablin
    • The programming czar at Scripps Networks, which owns HGTV and other lifestyle channels, helped inflate the real estate bubble by teaching viewers how to extract value from their homes. Programs like Designed to Sell, House Hunters and My House Is Worth What? developed loyal audiences, giving the housing game glamour and gusto. Jablin didn't act alone: shows like Flip That House (TLC) and Flip This House (A&E) also came on the scene. To Jablin's credit, HGTV, which airs in more than 97 million homes, also launched Income Property, a show that helps first-time homeowners reduce mortgage payments by finding ways to economically add rental units.
       
  • Fred Goodwin
    • For years, the worst moniker you heard thrown at Goodwin, the former boss of Royal Bank of Scotland (RBS), was "Fred the Shred," on account of his knack for paring costs. A slew of acquisitions changed that, and some RBS investors saw him as a megalomaniac. Commentators have since suggested that Goodwin is simply "the world's worst banker." Why so mean? The face of over-reaching bankers everywhere, Goodwin got greedy. More than 20 takeovers helped him transform RBS into a world beater after he assumed control in 2000. But he couldn't stop there. As the gloom gathered in 2007, Goodwin couldn't resist leading a $100 billion takeover of Dutch rival ABN Amro, stretching RBS's capital reserves to the limit. The result: the British government last fall pumped $30 billion into the bank, which expects 2008 losses to be the biggest in U.K. corporate history.
  • Sandy Weill
    • Who decided banks had to be all things to all customers? Weill did. Starting with a low-end lender in Baltimore, he cobbled together the first great financial supermarket, Citigroup. Along the way, Weill's acquisitions (Smith Barney, Travelers, etc.) and persistent lobbying shattered Glass-Steagall, the law that limited the investing risks banks could take. Rivals followed Citi. The swollen banks are now one of the country's major economic problems. Every major financial firm seems too big to fail, leading the government to spend hundreds of billions of dollars to keep them afloat. The biggest problem bank is Weill's Citigroup. The government has already spent $45 billion trying to fix it.
  • David Oddsson
    • In his two decades as Iceland's Prime Minister and then as central-bank governor, Oddsson made his tiny country an experiment in free-market economics by privatizing three main banks, floating the currency and fostering a golden age of entrepreneurship. When the market turned ... whoops! Iceland's economy is now a textbook case of macroeconomic meltdown. The three banks, which were massively leveraged, are in receivership, GDP could drop 10% this year, and the IMF has stepped in after the currency lost more than half its value. Nice experiment.
       
  • Jimmy Cayne
    • Plenty of CEOs screwed up on Wall Street. But none seemed more asleep at the switch than Bear Stearns' Cayne. He left the office by helicopter for 3 ½-day golf weekends. He was regularly out of town at bridge tournaments and reportedly smoked pot. (Cayne denies the marijuana allegations.) Back at the office, Cayne's charges bet the firm on risky home loans. Two of its highly leveraged hedge funds collapsed in mid-2007. But that was only the beginning. Bear held nearly $40 billion in mortgage bonds that were essentially worthless. In early 2008 Bear was sold to JPMorgan for less than the value of its office building. "I didn't stop it. I didn't rein in the leverage," Cayne later told Fortune.

Can America Survive a President Mitt Romney?


I have been doing a lot of thinking about what would happen if Mitt Romney wins this fall.
  • Will the economy improve?
  • Will the economy falter?
  • Will The Affordable Care Act (Obama Care) somehow get repealed?
  • Will taxes drop even more for the top 1%?
  • Will Medicare and Medicaid get cut?
  • Will the Paul Ryan Plan get passed?

Of fuck I hope not, but what if it does?
Well then we are fucked.


How Medicaid Helps the Economy:

I was having a discussion about this with my uncle the other day...
Who Bills Medicaid? We all pay our taxes for it, but who gets the money from the government? Well doctors offices do, DUH!!!
Who works in doctors offices besides the doctors, Middle class Americans!

Jobs At the Doctor's office with median average salaries, Salary info from Salary.com
  • Physicians Assistants - $89,976
  • Nurses - $65,851
  • Radiologic Technologists - $48,501
  • Medical Billers - $33,509
  • Receptionists - $29,650

Many of these jobs are possible because of doctors billing to Medicaid and Medicare.
They enable doctors to have more patient's to spread the cost out to and thus lowering the cost of Medical treatment.

Medicaid and Medicare are not the only things on Mitt Romney's chopping block. Romney is intent on cutting a lot of programs that Lower Class Americans have come to rely on with no hope of those Americans getting what they need on their own.

It is not a matter of them getting a job, many of the Americans on these programs are Working poor. It is not a matter of getting off of their butt and working, it is a matter of not having enough after they have done just that. Romney does not care about this though. When trying to maximize your own profits, the lives of those under you cease to matter at all.

In other words, Mitt Romney could not care less about the working poor as long as his bottom line is nice and padded.

Did you know? Only 34% of U.S. households make more than $65,000 per year....
Imagine how much that percentage will drop if we elect Mitt Romney.


How Unions Help All American Workers, but Romney hates them.
Check Out this Economic Policy Institute report

Unions bring up the pay of non union workers in the same field. As much as people criticize Obama for supporting the Unions, there is good reason for it. Unions are the ones bringing up the working poor. The Unions are keeping American pay somewhat in line with inflation. If Mitt Romney becomes President, They're fucked too! And if Romney fucks over the Unions, then he will in effect have fucked over all American workers.

If you go to http://www.issues2000.org/MItt_Romney.htm you can see he spoke out 15 times against unions, from teacher's unions to train unions, Romney views them all as bad and blames them for our problems a lot.



Romney's Plan to reduce the Deficit. 

Romney keeps talking about the deficit, apparently oblivious to the fact that the Bush tax cuts make up the majority of it. He wants to cut taxes for the top 1% even more, in the 'hope' that it 'Might' create jobs.

ROFL

Romney's plan for the deficit is just to pad his own bottom line, there's not a real plan!
According to Forbes, Romney's 'Plan' would add about 3 Trillion to the deficit. yes, 3 TRILLION. That is no real plan at all. But his taxes will go down with the plan.
For Romney, this campaign  is more like a finacial investment, if he wins he wil be able to boost his profits.


Romney Standing up to(for) China.

"In the economic arena, we must directly counter abusive Chinese practices in the areas of trade, intellectual property, and currency valuation. While I am prepared to work with Chinese leaders to ensure that our countries both benefit from trade, I will not continue an economic relationship that rewards China’s cheating and penalizes American companies and workers." - Mitt Romney
Romney claims he’ll stand up to China on trade. But when President Obama imposed tariffs on Chinese tires to enforce trade agreements and protect U.S. manufacturing and workers from unfair Chinese trade practices, Romney said his actions were “decidedly bad for the nation and our workers,” calling it “protectionism.”

The Flip Flop:
  • March 2010: Two years ago, President Obama imposed tariffs on Chinese tires in order to enforce trade agreements and promote economic growth in the U.S. In his book “No Apology,” Romney wrote that “President Obama’s action to defend American tire companies from foreign competition may make good politics,” but that “it is decidedly bad for the nation and our workers. Protectionism stifles productivity.”

  • August 2011: A year later, Romney’s financial advisers in charge of his blind trusts shed his Chinese holdings after Romney made “confronting China” on trade a priority. His investments in Chinese enterprises were worth as much as $1.5 million before his advisers dumped them to assure his financial portfolio reflected his new-found political beliefs.

  • September 2011: Romney then released a new economic plan that proposed pushing for tougher trade sanctions on China.
Under a President Romney unfair Chinese trade and labor practices will go overlooked in the name of higher profits for the top 1%

  
End “job-killing” regulations

Romney says he’ll get rid of regulations that stifle job creation, but only one candidate has a record of ending burdensome regulations and helping create jobs, President Obama

President Obama initiated an overhaul to roll back more than 500 regulatory reforms from 26 agencies and approved fewer regulations through his first three years than President Bush did.
Under President Obama, the private sector has added over 4.2 million private sector jobs in the last 26 months

Under Romney, Massachusetts was 47th out of 50 in job creation.





How Medicare and Medicaid Help the Economy

I was having a discussion about this with my uncle the other day...
Who Bills Medicaid?
We all pay our taxes for it, but who gets the money from the government? Well doctors offices do, DUH!!!
Who works in doctors offices besides the doctors, Middle class Americans!

Jobs At the Doctor's office with median average salaries, Salary info from Salary.com
  • Physicians Assistants - $89,976
  • Nurses - $65,851
  • Radiologic Technologists - $48,501
  • Medical Billers - $33,509
  • Receptionists - $29,650


Many of these jobs are possible because of doctors billing to Medicaid and Medicare.
They enable doctors to have more patient's to spread the cost out to and thus lowering the cost of Medical treatment.

If Medicare and Medicaid pay for jobs, good paying private sector jobs, than why not leave it alone. As the economy improves, there will be less Medicare and Medicaid patients because more people will be able to afford insurance. The jobs at these medical offices will be preserved by these programs and will aid in the economy being stable.

Obama Presidency Facts

Spending has increased the least under Obama in comparison with preceding presidents


Check Out: Forbes.com if you do not believe me...


Mitt Romney Bain Capital
"Since President Obama assumed office three years ago, federal spending has accelerated at a pace without precedent in recent history." - Mitt Romney
Romney, not to rain on your parade, but it's Bush's spending that has done that...

Most Americans are under the belief that President Obama has Presided over a massive increase of federal spending. Many tout that this spending is putting our country at risk, killing jobs, businesses and the future of American children. Even some from the left are complaining about the spending.
However, belief is not a fact, to put the record straight, here are the facts!
  • Federal Spending (even with the Obama stimulus) has risen at the slowest pace since Eisenhower was president.
  • The first year of the Obama presidency was plagued with Bush's Budget, the first year of every presidency is saddled with the previous administrations budget.
  • By no means did Obama try to reverse that spending. His budget proposals called for even more spending in subsequent years. However, Congress (mostly Republicans but many Democrats, too) stopped him. Had Obama had been a king who could impose his will, perhaps what the Republicans are saying about an Obama spending binge would be accurate."


Employment has increased since Bush left office

From: Zfacts.com
Thanks to the jobs stimulus plan, and the auto industry bailout (both opposed by the GOP) We are starting to regain Jobs.

Jobs Chart



The Loss of the AAA Credit Rating is Due to the GOP, and Bush Presidency.


From:  Zfacts.com and Reuters.com

The GOP led standoff over whether to continue to fund it while maintaining the Bush tax cuts, subsidies to the oil industry, and without enacting massive social program budget reductions. Thanks in large part to the two wars started by Bush, and the simultaneous tax cuts that increased our deficit, Standard and Poor's downgraded our credit rating. Nothing Obama did led to this. Nothing.



The current budget deficit's greatest contributors are the Bush tax-cuts

From: cbpp.org

The GOP wants to continue the biggest contributor to the deficit, the Bush Tax cuts, the economic downturn, and the ongoing wars in Iraq and Afghanistan (the Iraq war being completely based upon lies)

Take a look at the chart to the right, you can see that the two biggest contributors to our deficit are the wars and the bush tax cuts. Facts don't lie, but the GOP is intent to.

Next to the Wars and Bush tax cuts, the Economic downturn comes in third, those three account for the majority of the US deficit.




Romney just loves the Donald. WHY???

Well Donald loves to knock Obama. Donald Trump is a birther conspirator. He is under the impression that Obama is not born in America


“That’s the way life works… He didn’t know he was running for president, so he told the truth. The literary agent wrote down what he said… He said he was born in Kenya and raised in Indonesia… Now they’re saying it was a mistake. Just like his Kenyan grandmother said he was born in Kenya, and she pointed down the road to the hospital, and after people started screaming at her she said, ‘Oh, I mean Hawaii.’ Give me a break.”
- Donald Trump
Hey Donald! Gone Bankrupt Lately? I think the count is 4 so far....
ABC News





End “job-killing” regulations

Romney says he’ll get rid of regulations that stifle job creation, but only one candidate has a record of ending burdensome regulations and helping create jobs, President Obama.

President Obama initiated an overhaul to roll back more than 500 regulatory reforms from 26 agencies and approved fewer regulations through his first three years than President Bush did.

Under President Obama, the private sector has added over 4.2 million private sector jobs in the last 26 months.

Under Romney, Massachusetts was 47th out of 50 in job creation.



Sunday, May 27, 2012

Proof the right wing is racist

I found this blog here on blogger that is pretty racist... 

The Photo on his main page... The Left - Watch what they do, not what they say!The Left - Watch What They Do, Not What They Say!

 

Just because Obama is black he portrays that he is here to ruin America...

This is the GOP's Tactic, attack black people for just being black. 

Read this Blog by N.P.Contompasis

Black America Wake Up


Let’s face it America, black congressmen on the Democrat side of the isle, are nothing but race-hustlers, hypocrites, tax evaders, liars, socialists and just plain stupid people that represent black America. No wonder 12% of our population complains that they have no future. Their Congressmen are too busy lining their own pockets to worry about the future of their constituents. – N.P.Contompasis 




That is the whole blog post!!! And they want to claim they are not racist. 
In one paragraph this ass-hole called African-Americans
  • Race-Hustlers
  • Hypocrites
  • Tax-evaders
  • Liars
  • Socialists
  • Stupid

That's enough proof for me that this man is a racist. 

Never Bring a Girl to a Sporting Event


I'd rather be pissed off, then pissed on.... LMAO


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