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Archive for March, 2009

March 31st 2009

Our Crumbling Civilization: Pirate Booty


his post shall go un-illustrated for reasons that will soon become obvious.  Also to become obvious:  Higher education in America is on a possibly unstoppable downward spiral, with students who couldn’t care less and administrators who are perfectly content with that. From the SacBee:

A student group at the University of California, Davis, plans to show a hardcore pornographic movie in a campus lecture hall Thursday night.

The student run Entertainment Council announced on its Facebook page that it will be showing “Pirates II: Stagnetti’s Revenge,” a big-budget porn movie that combines computer-generated special effects with explicit sex scenes.

Student leaders for the group did not immediately return phone calls and e-mail messages.

Of course not. They’re cowards.

The movie has been showing on college campuses around the nation, including at the University of California, Los Angeles.

The company that distributes the movie, Digital Playground, of Van Nuys, has been giving it away for campus screenings.

Company spokesman Christopher Ruth said porn no longer has the stigma it once did, and campuses have been showing the $10 million porn movie for entertainment and educational purposes.

So if child porn someday has no stigma, we should just be cool with that? And even if Ruth’s statement is true, not having the stigma porn once had is not exactly a ringing endorsement.

UC Davis spokesman Andy Fell said the campus does not censor student events, performances or publications and had no plans to cancel the event.

Of course not. To censor something would require having to pretend you have values, and we can’t have that!


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March 31st 2009

Dem Insanity Continues


t’s as if the economy were robust, spewing out money to burn.  It’s like everyone agreed there was an imminent threat of global environmental collapse because of human activity.  It’s as if everyone was eagerly awaiting higher costs to everything.

It’s as if the Dems didn’t have a brain in their heads:

House Democratic leaders unveiled a sweeping plan to fight climate change and boost renewable energy this morning, including mandates for renewable electricity nationwide and a market-based system for reducing greenhouse gas emissions.

The plan … is a “discussion draft” authored by Rep. Henry Waxman (D- Beverly Hills), the committee chairman, and Rep. Edward J. Markey (D-Mass.), who chairs the House Select Committee for Energy Independence and Global Warming. Among the bill’s provisions:

* A nationwide mandate for renewable energy — such as wind, solar and biomass — in electric power generation, starting at 6% in 2012 and rising to 25% by 2025.

Shall we discuss the cost of developing that infrastructure out of thin air?  Or the plausibility of the entire concept?  Or the need, considering our coal, oil and natural gas reserves, our hydroelectric capabilities and potential, a nuclear industry just waiting to re-emerge?  (All quotes from the LA Times, BTW.)

* A “cap-and-trade” program to restrict greenhouse gas emissions by requiring utilities and other emitters to hold “allowances” for the carbon dioxide they send into the atmosphere. The level of allowances would shrink annually to reduce carbon emissions to 3% below 2005 levels by 2012, to 20% below 2005 levels by 2020 and to 83% below 2005 levels by 2050.

Shall we discuss this a bit?  I did with the American Petroleum Institute earlier today, and here’s what the good folks there told me:

API hasn’t taken a position on the topic of cap-and-trade per se, but we have been very outspoken about the potential costs of the cap-and-trade proposal in the administration’s 2010 budget.

Based on the administration’s initial estimate, it appeared the proposal would generate $646 billion in revenues.  Our calculations indicate that about 60% of that would come from oil and natural gas, which equates to about $400 billion. Later administration estimates indicated that the revenues could be three times the $646 billion figure, so it appears the burden on this industry – and on consumers – could be much higher than originally anticipated.

You’d think that before madcap schemes are introduced for discussion, someone somewhere might have a handle on how much destruction the proposal will cause family budgets across America.  But really – $646 billion or three times that amount; do we really need either?

* A national standard, akin to California’s, limiting carbon dioxide emissions from vehicles and a new low-carbon fuel standard to further support bio-fuels and low-emission alternatives to gasoline.

Can we discuss this?  Is this really what the automobile industry needs right now?  Perhaps it would be better to get them back on their feet again before cutting them off at the ankles.

Remember, no alternative technologies are ready for market without cap and trade to penalize existing technologies.  They cannot produce enough energy, and they cannot produce it cheaply enough. Cap and trade is just a fancy name for government tromping all over the free market in the name of “saving the planet.”

The planet doesn’t need saving.  The economy does.  And the free market’s on life support.

P.S.: The LA Times report quoted several environmentalist, most of whom were positively giddy about the day’s development.  I sent the reporter this email:

Just read your story and was amazed to find that apparently there wasn’t a single source from industry anywhere for you to get a quote from. Really? Just representatives of environmental groups?

Guess what?  No response.


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March 31st 2009

Farm Workers Or Fish?



n a recent article, the LA Times blamed California’s increased water use, in part, on farmers’ decision to grow permanent crops that “can’t be fallowed.”  I wasn’t sure what it meant, but last Friday I went to a Southern California Water Committee meeting in agricultural Kern County and I got an earful.

San Joaquin Valley farmers have switched from cotton to tree crops like almonds in a big way.  The switch was made in part because stricter environmental regulations, especially for air pollution control and pesticide use, are crimping profits, as are rising energy costs.  So now, a drive through the southern San Joaquin Valley is a drive through tree groves, not cotton fields.  And that’s causing a big problem.

Kern County supervisor Ray Watson told the group that farmers have a tough decision this year, as water deliveries from the Central Valley Project to the western San Joaquin have been cut to zero (as in zero, no water deliveries).  They can get enough groundwater to produce a crop from half their trees, but that means letting the other half die, and it takes about eight years (with good water) for new trees to begin producing.  Or they can minimally water all their trees so they barely survive, but will produce no fruit or nuts – no income.

As a result, unemployment in California farm towns is reaching 40 percent, and even 60 percent. Yet the Sierra snowpack that provides the valley with water is at 90 percent of normal.  What’s happening?

Simple.  The environmentalists took the water.

California – the nation’s largest producer of tomatoes, lettuce, almonds, apricots, strawberries and many other crops – risks agricultural losses of over $2 billion for the upcoming season and $3 billion in total economic losses in 2009.  According to a University of California at Davis study, 80,000 jobs could be lost in the Central Valley.

Although global warming is expected to receive much of the blame for this economic disaster, government regulation is a more significant – and preventable cause – of it, according to The National Center for Public Policy Research.

For example, state and federal water officials have sharply cut agricultural water deliveries in California so that more water can go out to sea as part of an effort to protect the Delta Smelt – a three-inch long fish listed as threatened under the Endangered Species Act.  In February, the U.S. Bureau of Reclamation announced a “zero allocation” of water from the Central Valley Project, cutting off the massive federal irrigation system that serves numerous California farms.  The supply of water from California’s State Water Project is 20 percent of normal.

“By demanding that the water flow into the Pacific Ocean, government meddlers have forced farmers to abandon production, threatening both the nation’s fresh food supplies and the jobs of farm workers, many of whom are among the nation’s poorest minorities,” said Mr. Smith.  “Ironically, the cut-off of agricultural water has done nothing to help the Delta Smelt.  Every year less water is diverted for agriculture, yet the fish population continues to decline.” (National Center for Public Policy Research)

By the way, the Endangered Species Act also protects certain bass species in California.  Their meal of choice?  Smelt.  Logical people would find something wrong with that, but we’re not dealing with logic here.

The Obama administration, eager to please immigrants and supposedly concerned about the plight of poverty stricken farm workers, is allowing the water shortage to continue – and indeed, the Dems are doing all they can to further the crisis, in the eyes of the National Center, which points at a hearing today before the House Committee on Natural Resources on the California drought.

Only witnesses from federal agencies will be allowed to testify at the hearing – the same folks who are managing water resources to protect the smelt and the bass – and we will hear blame placed on climate change, farming practices and population growth.  Guaranteed, we won’t hear much about the role of activist-inspired environmental policies in creating a “regulatory drought” in California.

Not testifying will be unemployed farm workers or farmers who have been forced to chose between untenable options because of curtailed water deliveries.  Not testifying will be any of the thousands of scientists who don’t go along with absolutist global warming dogma.  Also missing will be any representatives of California’s water industry, who could address the state’s failure to build infrastructure to meet the state’s growing population.

The National Center has categorized this proceding correctly – they plan to show up for the hearings with a kangaroo in tow.

Update one: Representative Ken Calvert showed up at the hearing with a bagful of Delta smelt and some harsh words for the Dems.

And, unrelated but interesting timing, the U.S. Fish & Wildlife Service just announced that it is going to conduct a status review of the smelt’s listing.  Don’t get your hopes up, though – these almost never change anything.


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March 31st 2009

Obama Names Sharia Fan As State’s Lawyer

In 2007, Harold Koh, dean of Yale’s law school, was heard telling a Yale Club gathering in New York that “in an appropriate case, he didn’t see any reason why sharia law would not be applied to govern a case in the United States.”  Normally we’d laugh this off as more Yale liberal lunacy, but unfortunately we can’t.

Our president has named Koh to be the State  Dept’s top attorney.  What a nightmare!

It’s not just his view on Sharia, it’s his entire view on internationalism and the law.  Koh doesn’t curry much to the U.S. constitution; he’s more enamored with whatever other countries are up to. Says the NYPost:

He’s a fan of “transnational legal process,” arguing that the distinctions between US and international law should vanish.

What would this look like in a practical sense? Well, California voters have overruled their courts, which had imposed same-sex marriage on the state. Koh would like to see such matters go up the chain through federal courts — which, in turn, should look to the rest of the world. If Canada, the European Human Rights Commission and the United Nations all say gay marriage should be legal — well, then, it should be legal in California too, regardless of what the state’s voters and elected representatives might say.

He even believes judges should use this “logic” to strike down the death penalty, which is clearly permitted in the US Constitution.

The primacy of international legal “norms” applies even to treaties we reject. For example, Koh believes that the UN Convention on the Rights of the Child — a problematic document that we haven’t ratified — should dictate the age at which individual US states can execute criminals. Got that? On issues ranging from affirmative action to the interrogation of terrorists, what the rest of the world says, goes.

The dean of Yale Law can hold such views and it’s nasty, a good reason for alumns to stop sending checks off to New Haven, but they are not views that should be tolerated by State’s lead counsel. That position calls for a fierce and discliplined defender of the American system – or at least it did up until Obamarx rolled into town – and Koh is definitely not that guy:

Koh has called America’s focus on the War on Terror “obsessive.” In 2004, he listed countries that flagrantly disregard international law — “most prominently, North Korea, Iraq, and our own country, the United States of America,” which he branded “the axis of disobedience.”

He has also accused President George Bush of abusing international law to justify the invasion of Iraq, comparing his “advocacy of unfettered presidential power” to President Richard Nixon’s. And that was the first Bush — Koh was attacking the 1991 operation to liberate Kuwait, four days after fighting began in Operation Desert Storm.

Koh has also praised the Nicaraguan Sandinistas’ use in the 1980s of the International Court of Justice to get Congress to stop funding the Contras. Imagine such international lawyering by rogue nations like Iran, Syria, North Korea and Venezuela today, and you can see the danger in Koh’s theories.

Libs are gleeful at the appointment of course – not because they want Koh at State; no, because they want Koh on the Supreme Court. The Post reports he’s on a short list of candidates that Lib groups would submit to Obama for consideration once a seat on the court opens.


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March 30th 2009

Misery Index Bodes Well For GOP In 2010


es, I do feel like an ambulance chaser writing this … or worse, the kind of guy who just might be wishing for Obama to fail (which I admitted to on inauguration day) … but if things keep stinking this bad, we’re up for a “change election” in 2010 – and that’s not the kind of change the Prez-O’s been yammering about.

Right now, the US misery index – that’s the unemployment index and the inflation index added together – is at 8.34 and rising .  At the TQIA blog penned by my polling friend Steve Kinney and his business partner Gene Ulm, this is all explained:

Of the 15 midterm elections held since 1950, 13 have been “change” elections in which the party that held the White House lost seats in the House and Senate; only two have been status-quo elections where the White House party gained seats. It would be easy to dismiss this as Americans having a structural push toward the party out of power, but a review of the economic data shows that the party out of power had A LOT OF help in their midterm wins.

The average Misery Index just prior to election day (October) for “change” elections was 10.1 while the average Index going into status-quo elections was 6.86. More striking is that the President’s party lost an average of 26 seats in these “change” midterms. In only three of twelve elections were there single-digit losses, the rest double-digit losses in the House, with a high of 52 seats in ‘94.

When the misery index is in double digits, the average number of House seats lost by the party holding the White House is 22. The economy could turn around by 2010, but with the business-punishing policies Obama’s rolling out, that seems unlikely. He could continue to charm the American electorate into voting for him; I’m not going to say that’s unlikely – underestimating Obama is a risky proposition – but people do get tired of words.

So let’s find us a bunch of good candidates and go out there and take back control of our country!


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March 30th 2009

Filthy, Greasy Pot Calls Kettle Black

It’s taken just two months for Barack (“The Pillager”) Obama to ignore all economic sensibilities and drive the nation full-bore towards bankruptcy and almost insurmountable debt.  His lackies in Congress are blubbering most accusatorily about Wall Street’s evils while they, themselves, endorsed and pushed the evils forward.  So is anyone the least bit surprised that this ship of (very dangerous) fools is up to this?

WASHINGTON (AP) – President Barack Obama is sending a blunt message to Detroit automakers: To survive — and win more government help — they must remake themselves top to bottom. Driving home the point, the White House ousted the General Motors chairman as it rejected GM and Chrysler’s restructuring plans.

Obama is set to elaborate on that message Monday when he announces what his White House told reporters over the weekend: Neither GM nor Chrysler submitted acceptable plans to receive additional federal bailout money.

GM chairman Rick Wagoner became the most conspicuous casualty of that decision, forced out Sunday as the White House indicated Detroit must make management and other changes if it hopes to survive — and that the Obama administration will have a hands-on role in those changes.

My nomination for the best CEO in America?  Alan Mullaly, CEO of Ford, who took one look at the thieves and liars in Congress and said “no thank you” to a federal bail-out, then went back to Detroit and watched as his company turned out one world-competitive car model after another.

Who’d have thought a year ago that the federal government would today have the power to force out the head of a private corporation?  And yet, curiously, those same powerful hacks seem to lack the power to remove Ron Gettelfinger, the president of the UAW.  I wonder what’s up with that …

You know, if I were a less suspicious man, it might not occur to me that the Obamarxists are doing all they can to drive down the value of GM and Chrysler so that were they “forced” to take the companies over for their own good, the cost of doing so would not be so dear.

But I think that’s exactly what they’re doing.


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March 30th 2009

Chief Hysterics Fail The Hype Test


ere at Pearce Palace, we seem to have allowed Earth Hour to pass unnoticed. The low-watt lights out front were illuminating our non-natural front yard, the veranda lights were on out back, and inside, Incredible Wife and I comfied down in front of our big screen TV for some chicken picata and asparagus that was quite tasty despite using not one locally grown incredient.

Elsewhere, our taxpayer dollars let us know, things were different. Says Voice of America:

From an Antarctic research station, to the Great Pyramids of Egypt and several buildings in Washington, including the Smithsonian Castle, famous structures went dark in a campaign to highlight the threat of climate change.

In Chile, we learn, President Michelle Bachelet marked the occasion by hosting a candlelight dinner for VEEP Joe Biden. I wonder if they cut his mike as well. And in China, they cut the illumination on the famous Bird’s Nest national stadium. But they didn’t give the coal miners a break from their shifts.

Casting about in the dark – a condition not exactly unknown to United Nations officials – Yvo de Boer, the UN’s top climate wonk, said that because some true believers and assorted political grandstanders turned off their lights for an hour, it was a clear sign that “the world” (that includes you and me) wants negotiators at the upcoming New Kyoto talks to get nasty serious about stopping this global warming thing in its tracks.

But in Nashville, we learn that the chief of the Warmie Hysterics, Dreary Al himself, failed to darken his own door:

Drew Johnson, the president of the Tennessee Center for Policy Research, decided to drive by Gore’s mansion in Nashville at 8:48 p.m. and records that floodlights were on illuminating the driveway leading up to the main quarter.

“I pulled up to Al’s house, located in the posh Belle Meade section of Nashville, at 8:48 p.m. – right in the middle of Earth Hour,” he wrote on his blog. “I found that the main spotlights that usually illuminate his 9,000 square foot mansion were dark, but several of the lights inside the house were on.”

He added: “The kicker, though, were the dozen or so floodlights grandly highlighting several trees and illuminating the driveway entrance of Gore’s mansion. I [kid] you not, my friends, the savior of the environment couldn’t be bothered to turn off the gaudy lights that show off his goofy trees.” (World Net Daily)

Perhaps he was putting his personal safety ahead of saving the planet, much like the saner of us are putting jobs and food we can afford ahead of cap and trade.  Or perhaps he figured the house lights were hype enough, and there was really no need to get too carried away with silly symbols.

Speaking of silly symbols, the Obamas and our sainted Dem leaders – true believers in global warming all – didn’t join in the festivities either, as this picture, taken at the peak of Earth Hour, reveals:

Whines Science Insider:

The Administration has made no announcements about turning off or dimming lights at the White House, major federal buildings, monuments, or U.S. government facilities. No educational or outreach events are planned on what’s the closest thing to an international commemoration day for global warming.

In the last month, officials with the World Wildlife Fund met with White House environmental officials as well as congressional leaders to urge their participation. But, 3 days away from the historic event, there’s no indication that the federal government is planning much more than putting a banner ad on the Environmental Protection Agency Web site.

A call to the Council on Environmental Quality at the White House yielded little but a suggestion that this reporter call EPA. EPA mentioned the ad. House Speaker Nancy Pelosi’s office said nothing was planned.

So what’s up with that?  The writer blames security (who would want to hurt the beneficent Dems?) or “bureaucratic snags.”  If the bureacrats can’t unsnag something as simple as turning off the lights for an hour, should we really be trusting them with little things like … I don’t know … the future of our country?

P.S.:  A hat tip for this to Track-a-Crat.   I came across his very nice little blog all by myself a few days back, and recently got a nice email from its scribe, who seems like a good guy. Take a gander; I think you’ll like it.


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March 28th 2009

The Politically Correct Airplane Crash


bserve the Airbus 340-600, the second largest airliner in the Airbus fleet, luxurious, large and very, very expensive – $200 million apiece.

My friend Rick sent me an email about an incident that occurred with one of these fantastic planes in November 2007 that was so astonishing that I had to confirm it was true before I wrote about it here.  What follows is, in fact, a recounting of an actual event.

This new Airbus 340-600, the largest passenger airplane ever built, sits just outside its hangar in Toulouse, France without a single hour of airtime.

Enter the Arab flight crew of Abu Dhabi Aircraft Technologies (ADAT) to conduct pre-delivery tests on the ground, such as engine run-ups prior to delivery to Etihad Airways in Abu Dhabi.

The ADAT crew taxied the A340-600 to the run-up area. Then they took all four engines to takeoff power with a virtually empty aircraft. Not having Read the run-up manuals, they had no clue just how light an empty A340-600 Really is. [that's unverified]

The takeoff warning horn was blaring away in the cockpit because they had All 4 engines at full power. The aircraft computers thought they were trying to take off, but it had not been configured properly (flaps/slats, etc..)

Then one of the ADAT crew decided to pull the circuit breaker on the Ground Proximity Sensor to silence the alarm. This fools the aircraft into thinking it is in the air. The computers automatically released all the Brakes and set the aircraft rocketing forward. The ADAT crew had no idea that this is a safety feature so that pilots can’t land with the brakes on.

Not one member of the seven-man Arab crew was smart enough to throttle back the engines from their max power setting [also unverified], so the $200 million brand-new Aircraft crashed into a blast barrier, totaling it.

If you put “airbus 340-600 crash dubai” into Google, you get a measly 1,160 hits.  Why should such a sensational story be so obscure?

There’s just one reason:  You can’t report this story without being at least a wee bit derogatory towards Arabs, which is verboten, especially in France.  Indeed, one of the few mainstream Euro news reports I could find mentioned only that those on board were “employees of the Abu Dhabi-based carrier” and said that the crash occurred “for reasons yet unknown.”



March 28th 2009

Don’t Tread On Us


esterday was a nice day. I drove with a Santa Margarita Water District board member and a Laguna Woods city council member from OC, across LA and into Kern County, to the beautiful, 97,000-acre Wind Wolves Preserve* for a meeting of the Southern California Water Committee. Unusual in today’s dreary SoCal water world, the meeting was productive. Plus, the conversations coming and going were terrific – and I went about 12 hours without news reports.

But when I got home, Incredible Wife was depressed. The difficult slog of being the CFO of a small biz in these times? Sort of, but more.

“You wouldn’t believe the things I’ve seen on TV today,” she said after listening to my report on my day, which cheered her up a bit.

“Geithner wants more control, so he can shut down a business if he thinks it’s a drag on the economy. The U.N. wants to take control of our economy. I don’t see the point of keeping on fighting against the economy if it’s going to be like this.”

That’s a bit worse than the usual recession worries about cash flow, eh?  As I got caught up on the news, the positiveness of my day diminished, and within an hour or so, I was ready to be mad as he** and not take it anymore, so I went on line to buy some “Don’t Tread on Me” stickers for our cars.

I found some beautiful ones – 6″ X 4″ with the orignal artwork of the extended rattler on a yellow background – at Gadson & Culpepper, and ordered up 10 of them. We don’t have 10 cars; it’s just that “DOTM” evangelism is in order.

This morning, I got this email back from the purveyor of said stickers:

Thank you very much for your order.

Please give us a  little extra time on your order this March and early April. Everyone seems to have the DTOM spirit and we will get everything to you as soon as we can.

So I have to wait, but is this good news or what? All across the country, people are typing “Don’t Tread on Me” into their browsers in search of a way to express their feelings, and they’re finding this site, and no doubt dozens of others that offer up this particular brand of rebelliousness.    Gadson & Culpepper probably isn’t feeling the recession as much as other companies because they’ve tapped the root of a broad and spreading frustration and anger.

This morning on my way into the office (yes, it’s a recession so Saturday is a work day), I was listening to “Wait, Wait … Don’t Tell Me,” NPR’s weekly quiz show.  The caller was asked to guess what the most popular question was during Obama’s on-line Q&A session last week. The hosts mentioned that the Q&A was a part of a week of appearances by Obamarx, including “A prime-time press conference, Jay Leno and Home Shopping Network,” then it went something like this:

“Something about the economy?” guessed the caller.

“No, it was the one about his position on marijuana,” said one  host.

There was some patter about pot, then one of the hosts said, “Maybe the financial stimulus plan would make more sense on pot.”

The joke got a solid round of applause – on NPR! – as did the Home Shopping Network jab.  Things are not all peaches and cream for Rahmbama, folks.

* The Wind Wolves Preserve runs from the prairie-like grasslands at the southern edge of the San Joaquin Valley floor to the peaks of the Tehachapi range.  It gets its name from the wave-like movement of tall prairie grass in the wind … wind wolves.  A very cool word picture, until you imagine yourself in the 1800s, on your Conestoga wagon, surrounded by miles of tall grass filled with all nature of beasts and think for a moment that every ripple of wind through the grass could indeed have been a wolf. And that one … and that one … a pack of wolves all around you.

Or are they just wind wolves?  Brrrr.

Feel free to make the easy analogy to being surrounded by Obamarxists.


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March 27th 2009

Rahm & Freddy: The O Stink Worsens

A funny thing happened at Facebook yesterday.  Not funny “ha ha;” funny “whoa baby.”  Four of my BFF’s (basically Facebook friends) all linked to the very same story – I can’t remember that happening before, so I’m sure I’m the herald of this news for very few of you.

Rahm Emanuel’s profitable stint at mortgage giant

Short Freddie Mac stay made him at least $320,000

Before its portfolio of bad loans helped trigger the current housing crisis, mortgage giant Freddie Mac was the focus of a major accounting scandal that led to a management shake-up, huge fines and scalding condemnation of passive directors by a top federal regulator.

One of those allegedly asleep-at-the-switch board members was Chicago’s Rahm Emanuel—now chief of staff to President Barack Obama—who made at least $320,000 for a 14-month stint at Freddie Mac that required little effort.

As gatekeeper to Obama, Emanuel now plays a critical role in addressing the nation’s mortgage woes and fulfilling the administration’s pledge to impose responsibility on the financial world.

I had to wipe down my computer screen because of all the irony dripping out of that last line.  The reporters, Bob Secter and Andrew Zajac, and their editors cannot be counted among the sheep blindly following Rhambama.

Emanuel is, of course, the nasty architect at the administration, the man who cooks up the strategies and the rhetoric, the man who is fueling the class warfare that is the foul-smelling fuel of Obama’s engine. It is he who blames Bush-era greed, he who signs off on the Limbaugh assault, he who wants to let no crisis pass without taking advantage of it to fundamentally worsen American government.

And it is Emanuel who was a part of the entire greedy, incompetent, soulless mess.

He probably took more than $320,000; as a new board member, he was qualified to take $380,000 in stock and options plus a $20,000 annual fee, or $400,000 for six meetings and no committee work. It was this board of directors that signed off on some of the most Dem-like behavior at Freddy:

On Emanuel’s watch, the board was told by executives of a plan to use accounting tricks to mislead shareholders about outsize profits the government-chartered firm was then reaping from risky investments. The goal was to push earnings onto the books in future years, ensuring that Freddie Mac would appear profitable on paper for years to come and helping maximize annual bonuses for company brass.

The accounting scandal wasn’t the only one that brewed during Emanuel’s tenure.

During his brief time on the board, the company hatched a plan to enhance its political muscle. That scheme, also reviewed by the board, led to a record $3.8 million fine from the Federal Election Commission for illegally using corporate resources to host fundraisers for politicians. Emanuel was the beneficiary of one of those parties after he left the board and ran in 2002 for a seat in Congress from the North Side of Chicago.

These people are so scummy, so corrupt, so hypocritcal … and, because of the stupidity of too many Americans and the complicitcy of the media, they are also so powerful. Do not believe a word that comes out of Rhambama’s mouth. Do not trust them with your wallet or your country. They are a pox on America.


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With Obama winning the presidency by seven percent, we can't blame the media. Their laudatory coverage and refusal to extensively probe into Obama's background and [lack of] experience was at best responsible for five percent of his vote, the pundits tell us. Here is a compilation of over 100 significant instances of pro-Obama/anti-McCain bias during the 2008 campaign.

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