March 25th, 2009  1 Comment »
Some interesting articles to read:
Hey, check it out. President Obama is going to have an online townhall where he’ll answer some of the questions asked by you. Do you think we could vote a FairTax question up high enough to be asked?
The next big battle brewing in Congress is over Barack Obama’s budget that will increase the deficit more than $1.4 trillion next year.
Minority Leader Mitch McConnell says that Obama’s budget will make the United States worse than Cuba.
The AIG battle continues .. turns out that there was another $53 million more in bonuses than was originally reported. More for the wealth-envy crowd to cry over.
This is comforting. A new report by the British government says that a nuclear or chemical attack on British soil is becoming increasingly more likely.
The Supreme Court will be deciding whether or not critical films of politicians like this “Hillary: The Movie” can be regulated during campaign season.
According to the latest Zogby polls, Barack Obama’s approval ratings are dropping.
The National Republican Senatorial Committee unveiled an ad entitled, “Change We Can Believe In?”
So now the Obama administration says that it is going to EXPAND the program to train commercial airline pilots to carry guns and thwart terrorist attacks.
Chicago Mayor Richard Daley is actually privatizing many government functions such as law enforcement.
A bill to help newspaper companies restructure as nonprofits was introduced into the Senate yesterday.
OwlGore will have a new book out this year called “Our Choice” and I’ll give you one guess as to what it is about…..
People who ordered Smart Cars when gas was expensive are now refusing to take them.
In Connecticut, drunken people don’t actually have to drive their cars to be charged with operating a motor vehicle under the influence of alcohol.
Can anyone tell me what is wrong with the opening sentence of this story? “Three California families headed to a retreat for the ultrarich were among the 14 victims of a plane crash in Montana.”
Just a little bit of pork set aside for a pig farm .. literally.
A council in Great Britain spent $44,000 on a spy plan that carries a thermal camera used to determine which houses are wasting too much energy.
Apparently in China you can no longer access YouTube. I suppose Communism and the controlling of information doesn’t lend itself too well to websites like YouTube.
Barack Obama supposedly asked American Idol judge Simon Cowell if he wanted to do dinner .. but Simon was too busy. How absolutely fitting that Obama would want to nosh with the American Idol judge. “How am I doing?”
Today’s strange story: wife handcuffs herself to husband and then bites him as he is on the phone with 911.
All articles were obtained from boortz.com
March 24th, 2009 Comment On This Post
Some interesting articles to read:
So it turns out that Christopher Dodd’s wife was the former director of an AIG controlled company. No wonder he included that amendment back in February to save AIG bonuses.
Senator Charles Grassley says that Obama’s budget is a step toward socialism.
The Heritage Foundation gives you a detailed analysis of how Obama’s idea of “stimulus” is to spread the wealth around.
Hey, what took you people so long to figure this out? From the New York Daily News: Hey President Obama, the campaign is over - forget the popularity contest.
Here are the top ten ways the government can recoup the AIG bonuses.
This is a question that we need to ask ourselves more often: How can Americans increase their own freedom? Well .. there’s elections and all. But that’s the old fashioned way.
Don’t worry, the government will do something to alleviate the fact that more blacks and Latinos are losing their jobs in this economy.
The Governor of New York and fellow Democrats want to increase taxes on New Yorkers making over $500,000 a year. Mike Bloomberg explains how devastating this would be for the local economy.
In Atlanta, there is another brouhaha over the opening of a government school in partnership with U.S. Marine Corps.
The hotel industry is upset with Congress for its hypocrisy over “luxury” spending for corporate travel.
Another Democrat in Washington with tax issues? This time it could be Fortney “Pete” Stark.
White House Press Secretary Robert Gibbs is worried about the important things in life …
Michelle Malkin has come up with a seal for The Teleprompter of the United States.
Do you remember the high school “sexting” girl? Now her parents want the government to write laws to combat sexting.
All articles were obtained from boortz.com
March 23rd, 2009 Comment On This Post
Some interesting articles to read:
Senator Kent Conrad says that the AIG bonuses should be returned or those employees should be fired. I’m going to try to get him on the show today. He will avoid me like the plague.
This is a great column from Kyle Smith in the New York Post: So Sayeth the Teleprompter.
Barney Frank believes that another way to punish AIG executives who received bonuses is to sue AIG. This is the same Slobbering Barney who has not spent one single day working in the private sector (except for a student-teacher gig at Harvard) in his entire life.
There is more chatter about tax-cheat Tim Geithner being asked to step down. Barack Obama isn’t biting.
The administration will release more detailed plans today … Geithner aims to purchase as much as $1 trillion in troubled assets.
We are starting to see more and more articles along these lines, and this is from Reuters .. Resistance grows to Obama’s bigger government. Isn’t this what you voted for?
Barack Obama doesn’t know how to stimulate our economy .. but he sure knows how to brand a recovery plan.
Obama took some hits from the New York Times this weekend. And you know it is bad when Paul Krugman declares Obama’s financial plans to be hopeless. And Frank Rich wants to know, “Has a ‘Katrina Moment’ Arrived?”
Joe Biden’s economic advisor says that the House’s bill to tax the bonuses of AIG employees at 90% may have “gone too far.” Gee, ya think? The Obama shoot-from-the-hip plan.
Three major retailers have come up with compromise legislation for the card check bill. Naturally, this “corporate alternative” has already been poo-pooed by Capitol Hill.
A listener pointed us to this excellent article from American Thinker, Capping & Trading on Obama’s $250,000 Lie.
Governor Mark Sanford explains why South Carolina doesn’t want “stimulus.”
Hugo Chavez had some thoughts for Barack Obama: “He goes and accuses me of exporting terrorism: the least I can say is that he’s a poor ignoramus; he should read and study a little to understand reality.”
Barney Frank says that Justice Antonin Scalia is a “homophobe.”
The economy is forcing more women into strip clubs. Not as patrons.
All articles were obtained from boortz.com
March 22nd, 2009 1 Comment »
 40 Liberal ass-wealth envy hate mongers took a little field trip this past week. They drove up to Connecticut on a bus to protest outside the homes of AIG executives who received bonuses.
“We think $165 million could be used in a more appropriate way to keep people in their homes, create more jobs and health care,” said Emeline Bravo-Blackport, a gardener.
Well Emeline, I think you should go buy yourself a gun and blow your brains out. Begging like a homeless person you piece of shit? I think that all the assholes receiving welfare, medicaid, medicare and social security in this country should come to my place and wipe my ass after I’ve taken a shit.
My question is why would you go up to these people’s homes when the government was the one that “F’d” this up?
Senate Banking committee Chairman Christopher Dodd told CNN Wednesday that he was responsible for language added to the federal stimulus bill to make sure that already-existing contracts for bonuses at companies receiving federal bailout money were honored.
Instead of being mad at AIG, people should be pissed off more at their own government. First of all, and I’ve said this before, there is no such thing as a company that is “too big to fail.”
Capitalism allows you to file for bankruptcy, reorganize in Chapter 11 and try to make a go of it again. That’s how the system should work. It should not entail us being told to empty our wallets because the Big 3 didn’t make cars that we wanted to buy or because banks were forced by the government into home loan lending to dirtbags that should be renting.
Secondly, government is the one that keeps spending the cash and giving to these banks, auto manufacturers and forcing money into the economy.
Just in case you haven’t read this article from The Moscow Times, but, Russia for the past year has experienced major inflation. The government stubbornly stuck to its inflation target of 10.5 percent, even after it became apparent that galloping growth and government spending would push the figure higher.
Since last fall, however, the government has turned its attention to more pressing issues: billions of dollars to revitalize the financial system, help industry cover their foreign debt and allow for a gradual devaluation of the ruble. Inflation — which is only worsening as the government heads toward deficit spending to rekindle economic growth — is now receiving surprisingly short shrift, economist say, and it is reaching levels that could cause social unrest.
Hmmm…now this sounds quite familiar. The tsunami inflation will eventually come because our government spends money on stimulus packages, bailouts or does something like they just did last week:
With the country sinking deeper into recession, the Federal Reserve launched a bold $1.2 trillion effort Wednesday to lower rates on mortgages and other consumer debt, spur spending and revive the economy.
To do so, the Fed will spend up to $300 billion to buy long-term government bonds and an additional $750 billion in mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.
Yep, printing more money like Mr. Mugabe in Zimbabwe. How’s that working out for them?
March 19th, 2009 Comment On This Post
Some interesting articles to read:
The Fed has decided to pump another trillion dollars into the economy. Guess where that money is coming from? They are creating it out of thin air. Time to get out the WIN buttons.
Chris Dodd actually admitted that he was responsible for adding the bonus loophole into the stimulus package that permitted AIG and other companies that received bailout funds to pay bonuses. That’s not all he’s responsible for.
Will Obama’s anger over these AIG bonuses end up backfiring on him? If the Republicans had their act together (which they don’t), I’d say maybe that is a possibility.
Well that was fast .. Obama will not pursue a proposal that would have allowed the VA to charge private insurance companies for the treatment of veterans. He drove that wreck into the parking lot and it dented way too many fenders.
The Politico has a list of the 5 biggest myths about Obama. Damned racists.
I talked about this on the air yesterday .. but Democrats want to EXPAND the Community Reinvestment Act. Why are credit unions generally healthy today? Because the CRA didn’t apply to them, that’s why. Well … let’s change that.
The White House admits that its cap and trade scheme is going to cost three times the amount they originally cited. Try over a trillion dollars. Global warming - just an excuse for a grand new tax program.
And when it comes to healthcare, guess what? That is going to cost more than the White House planned as well. Try more than double what they were expecting.
Say what you will about George W. Bush, but he says he wants Barack Obama to succeed and that it’s “essential” to support the new leader.
Remember yesterday when I told you about Barack Obama’s teleprompter gaffe? What’s interesting is that there doesn’t seem to be any video of it on the Internet. Hmmm I wonder why that is.
Here’s another news item that should make you feel all warm and fuzzy .. Russia has confirmed that it has a contract with Iran to sell powerful air-defense missiles.
Speaking of Russia. The Kremlin’s idea for a global solution to this financial crisis is to establish an international currency.
Colorado wants to change the way the president is elected in its state. Please tell me they’re going to restrict who can vote. Please. OH? They’re not? I need to stop getting my hopes up like this.
Another issue we have to look forward to this summer .. immigration reform will be back at the top of the agenda.
Could we have yet another potential embarrassing cabinet nomination from Barack Obama? This time it is Commerce Secretary nominee Gary Locke.
This blubberbutt in Omaha is going to be reinstated as a police officer because the court believes he is still maintaining “at least a ‘fair’ level of physical wellness.” You can be the judge.
Texas lawmakers are really worried about the important issues in this world .. like whether or not teenagers can use tanning beds.
A chaplain at a hospice in Boca Raton resigned because they banned him from using the words “God” or “Lord” in public settings. You have GOT to be kidding me.
All articles were obtained from boortz.com
March 18th, 2009 1 Comment »
 Put down your college basketball bracket Mr. Obama and listen up! Just in case you haven’t read this article from The Moscow Times, but, Russia for the past year has experienced major inflation. The government stubbornly stuck to its inflation target of 10.5 percent, even after it became apparent that galloping growth and government spending would push the figure higher.
Since last fall, however, the government has turned its attention to more pressing issues: billions of dollars to revitalize the financial system, help industry cover their foreign debt and allow for a gradual devaluation of the ruble. Inflation — which is only worsening as the government heads toward deficit spending to rekindle economic growth — is now receiving surprisingly short shrift, economist say, and it is reaching levels that could cause social unrest.
Hmmm…now this sounds quite familiar. The tsunami inflation will eventually come because our government spends money on stimulus packages, bailouts or does something like they just did today:
With the country sinking deeper into recession, the Federal Reserve launched a bold $1.2 trillion effort Wednesday to lower rates on mortgages and other consumer debt, spur spending and revive the economy.
To do so, the Fed will spend up to $300 billion to buy long-term government bonds and an additional $750 billion in mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac.
What a bunch of assholes! Instead of being mad at AIG, people should be pissed off more at their own government. First of all, and I’ve said this before, there is no such thing as a company that is “too big to fail.”
Capitalism allows you to file for bankruptcy, reorganize in Chapter 11 and try to make a go of it again. That’s how the system should work. It should not entail us being told to empty our wallets because the Big 3 didn’t make cars that we wanted to buy or because banks were forced by the government into home loan lending to dirtbags that should be renting.
Secondly, government is the one that keeps spending the cash and giving to these banks, auto manufacturers and forcing money into the economy. That’s our god damn money that they are spending! You’re “Fing” with my money Obama! And I don’t like it when people “F” with my money! The only person that should be screwing with my hard earned income is ME! WTF! When do “We the people” get to goto Capitol Hill and sit in front of Congress and scream at them and ask them why they are spending $1million on the study of a pigs ass odor? Or, why did you force these banks into giving home loans to dirtbags for? But nope, Americans are so dumb. Americans would rather just sit there and take it in the ass from their own government.
But Americans that are mad about the AIG bonus has to do with the increase of wealth envy in this country. A majority of Americans hate to see people succeed. Remember, misery loves company. These Americans need an ass beating beyond belief. I’m talking an ass beating that puts them into the hostpital. Whoops, maybe not, because us hardworking Americans that pay for our own healthcare will probably end up having to pickup the tab. So, I propose that everyone out there who hates the rich quit their jobs and go get one from a poor person.
What’s sad is that more people in this country are shocked and horrified about the revelation that American Idol is fixed. More people are outraged that America won’t get to choose the top four on American Idol, but they are not outraged that the man they have chosen to be president is spending this country into the ground. Or that Barney Frank and his wealth envy crew are on a mission to “recover” bonus money from AIG executives.
March 18th, 2009 Comment On This Post
Some interesting articles to read:
Maureen Dowd says that the teleprompter is being pretty tough in Washington of late.
The Politico Whiteboard has a question today: Can Obama talk about anything other than AIG? I guess that depends on whoever is responsible for putting the words for Obama to say on the teleprompter.
With all this brouhaha in Washington right now over AIG bonuses, Chris Dodd is trying to undo the very executive compensation restrictions that he fought for in the economic stimulus bill.
Is Obama really going to yank the VA health benefits from our veterans? I guess if anyone would, this would be the guy.
A number of AIG executives are now resigning, thanks to the circus in Washington. They will be going to work for companies not under the thumb of Barney Frank.
What do companies like Intel and Lockheed Martin have to say about Barack Obama’s policies? Something to the effect of “are you freaking serious?”
What is the actual cost of Barack Obama’s plan to turn healthcare over to the government? Try $1.5 trillion over the next decade.
Reason Magazine explains how our government is stimulating us to death.
Remember when Barack Obama promised that his stimulus plan was going to save Caterpillar from laying off workers? Unfortunately that didn’t turn out as he planned.
Guess what Americans aren’t buying … hybrid cars. But guess what politicians are forcing the car companies to produce .. hybrid cars. This is not how supply and demand works.
The AFL-CIO has promised RINO Arlen Specter that if he votes for this card check bill, they would help him survive his re-election. Yeah, no kidding. Will Specter cave? Does a hog love slop?
Do you want your healthcare system to be described as “third world”? Well then take a look at what is happening with Britain’s National Health Service.
Here’s some more comforting news. Russia has decided that it is going to rearm itself. Are they doing this because they recognize weakness in our current president?
Did you hear that liberal bloggers, political reporters, magazine writers, and policy wonks have an off-the-record online meeting space called JournoList?
Sheriff Joe out there in Maricopa County, Arizona says that there is no way in hell he is going to testify before a congressional committee about his alleged immigration enforcement abuses.
Rep. Corrine Brown of Florida just has to be one of the most braindead people in Washington. Here’s her latest speech she gave on the House floor. I want to “gradulate?” “Okahoma?” “Coarch?” “Gusty play?” This is how they waste our time in Congress?
All articles were obtained from boortz.com
March 16th, 2009 2 Comments »
The big story this weekend was AIG handing out bonuses. AIG has received three government bailouts totaling $180 billion. But yesterday, the company paid out $165 million in bonuses to employees. AIG handing out these bonuses has Obama and his government goons boxers and thongs in a bunch. Of course though, politicians don’t get irate when millions of dollars are spent by government on blueberry research, lobster farms or the study of the odor from a pigs ass (would that be Barney Frank’s ass?) .. but let the private sector pay that type of money pursuant to a contract and all hell breaks loose.
Hey Barney, you fat slobbering pig… some taxpayers out here might want to know whether some of the pork you clowns throw around to buy votes is legally recoverable as well. Maybe someday you’ll get enough balls and admit that you were to blame for this economic mess and pay the taxpayers back you fat son of a bitch.
AIG Chairman Edward Liddy says that “the firm was legally obligated to make already-committed 2008 employee-retention payments, the value of which were set early last year before problems at its Financial Products unit became public.”
The facts are that government can seize and spend as much as it wants where it wants and when it wants. The private sector? Not so much. My question is why do citizens who fail in life get rewarded? Have eight kids and get rewarded with welfare checks to support the little bastards. Oh yeah, just keep screwing and spitting out more kids and we’ll keep printing checks for you. And on top of that Congress is giving themselves a raise for failure this year. These politicians need to shut the hell up and quit whining like a bunch of babies.
March 4th, 2009 Comment On This Post
After reporting a $61.7 billion quarterly loss – the biggest single quarter loss ever – in early March AIG asked for and was granted an additional $30 billion from the federal government. The following day Federal Reserve Chairman Ben Bernanke expressed his anger at the way the company had exploited loopholes to get into its current financial situation. According to Bernanke, “A.I.G. exploited a huge gap in the regulatory system. There was no oversight of the financial products division. This was a hedge fund, basically, that was attached to a large and stable insurance company.” And this quasi-hedge fund, Mr. Bernanke went on, to nobody’s surprise, made irresponsible bets and took huge losses.
American International Group, Inc. (AIG) is a holding company which, through its subsidiaries, is engaged in a range of insurance and insurance-related activities in the United States and abroad. AIG’s primary activities include both General Insurance and Life Insurance & Retirement Services operations. Other significant activities include Financial Services and Asset Management. AIG’s major product and service groupings are General Insurance, Life Insurance & Retirement Services, Financial Services and Asset Management. Through these operating segments, AIG provides insurance, financial and investment products and services to both businesses and individuals in more than 130 countries and jurisdictions. In September 2008, AIG sold its 50% stake in London City airport. In December 2008, AIG’s United States life insurance companies sold its residential mortgage-backed securities portfolio to Maiden Lane II LLC. The company was founded in 1967 and is based in New York, New York. According to Fortune 500’s annual list, AIG was the 13th largest of all corporations in America in 2008, and was the 2nd largest among property and casualty insurance companies that year.
In late November 2008, AIG announced its participation in the Treasury Department’s Troubled Assets Relief Program (TARP). Under the program AIG received $40 billion from Treasury in exchange for preferred stock and warrants. Only Bank of America and Citigroup have received more money from TARP.
A recent analysis by the group tasked with overseeing the use of TARP funds, the Congressional Oversight Panel (COP), concludes that AIG received much more in federal government support than the initial $40 billion infusion. According to the report (.pdf – table, p. 7), the government received AIG assets worth only $14.8 billion – a 63 percent subsidy based on the government’s $40 billion payment to the company. Separately, AIG received $110 billion in support from the Federal Reserve Bank of New York.
Recently the company withdrew as a member of the U.S. Climate Action Partnership, a group pushing for implementation of a cap and trade system to reduce greenhouse gas emissions. Critics said the company should not be using taxpayer money to advocate public policy. The company also will let expire its sponsorship of British soccer powerhouse Manchester United. Under the deal, AIG reportedly paid about $19 million per season to have its logo on the team’s jersey.
?Financial Documents
2008-11-25 AIG 8K
AIG Solution Agreement
2008-09-30 AIG 10Q
AIG Proxy
2007 AIG Annual Report
2007 AIG 10K
?Federal contracts
USAspending.gov (last accessed 02/10/2009)
?Lobbying reports (if any)
Third Quarter 2008
AIG | Akin Gump Strauss Hauer & Feld | Angus & Nickerson | DC Navigators | DLA Piper | The Nickles Group | Ogilvy Government Relations | Sonnenschein Nath & Rosenthal
?Political Contributions
Center for Responsive Politics (last accessed 02/10/2009)
?Related Articles
March 3, 2009 Bernanke Says Insurer AIG Operated Like a Hedge Fund (Bloomberg)
March 3, 2009 AIG’s Black Box (Wall Street Journal)
March 3, 2009 Fed Chief Says Insurance Giant Acted Irresponsibly (NY Times)
March 2, 2009 A.I.G. Reports Loss of $61.7 Billion as U.S. Gives More Aid (NY Times)
February 10, 2009 Selling AIG to Scarce Buyers Is Mission Impossible for Reynolds, (Bloomberg)
February 9, 2009 AIG Received Added Subsidy in TARP Spending, Panel Says (TradingMarkets.com)
February 9, 2009 AIG Consumer Lender Rating Downgraded to Junk by S&P (Update2) (Bloomberg)
February 6, 2009 AIG and Citi deals gave Treasury least value (Reuters)
February 6, 2009 AIG Withdraws From US Climate Action Partnership (CNNMoney.com)
February 6, 2009 Dim future outlook for American International Group, Inc. (NYSE:AIG) (hotStocked.com)
February 5, 2009 AIG unit took added risks in sideline business: report (Reuters)
January 21, 2009 AIG ends soccer sponsorship (CNNMoney.com)
Information was obtained from Taxpayers for Common Sense.
March 2nd, 2009 Comment On This Post
Some interesting articles to read:
Obama’s spending bill has over 9,000 earmarks and is going to increase spending by nearly 9% .. yeah, this is change we can believe in. This is Change that Will Destroy Us.
Here’s a real shocker .. the states received all of this money from this economic stimulus bill , but it still isn’t going to be enough for many of them. Please, sir. Can I have some more?
Barack Obama named Adolfo Carrion to be his Director of Urban Affairs … too bad the guy pocketed thousands of dollars in campaign cash from city developers whose projects he approved or funded with taxpayers’ money. By the way … if we’re going to have a Director of Urban Affairs, may I be the first to say: Secretary of Hip Hop?
Obama has officially chosen Kansas Governor Kathleen Sebelius to be his health and human services secretary.
This is a simple breakdown of how Obama’s tax plans are going to affect each tax bracket. If you’re achievement oriented you may not like this.
The Financial Times says that the Republicans were right all along about Obama .. this budget reveals the fact that Obama is, in fact, a liberal. It took the FT this long to figure that out? They need to listen to more talk radio in the FT editorial offices.
Obama reminds America, “You know that tough times for America often mean tougher times for African Americans.” Tough times mean tough times for people who revel in their victim status. As Dr. Robert Schuller says, “Tough times don’t last. Tough people do.”
UK Prime Minister Gordon Brown is headed to Washington to convince Barack Obama that we need a “global grand bargain,” otherwise known as a global new deal.
In Germany, the wealth-envy crowd is torching luxury cars in order to get back at all those greedy capitalists.
How bad could the union card check bill be? Apparently even worse than we thought.
Here are some thoughts from Mitt Romney on how Obama is doing so far. Imagine how different things could be if this guy was running the show. Oh … but he’s a Mormon! A socialist is OK .. but a Mormon?
AIG is getting another $30 billion in taxpayer assistance.
Sheriff Joe out there in Maricopa County, Arizona has some boxers in a bunch. Protestors are upset with his stance on illegal aliens.
When the times get tough, states start to think of any way they can to impose new taxes. And I mean any way …
FEMA employees in New Orleans have been accused of purposefully slowing down post-Katrina recovery in order to keep their government jobs. Sounds about right for government employees.
Studies show that older Americans are working longer, which means that younger Americans are being squeezed out of the job market. Reason? Older Americans have a work ethic.
Water authority officials in San Diego are spending $68,000 to print and distribute door tags to houses that use too much water.
A woman in Dayton was given a ticket for breastfeeding and talking on her cell phone while driving.
How about an $81 billion bill for gas? That was the case for one driver in Washington.
And now for a list of The 15 Strangest College Courses In America.
All articles were obtained from boortz.com
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