Tag: Wall Street

Wall Street Expert Claims Clinton Foundation Is A Vast Criminal Conspiracy

Wall Street Expert: Clinton Foundation A ‘Vast Criminal Conspiracy’ – WorldNetDaily

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Adding to Hillary Clinton’s concern that the FBI may open a criminal investigation into her use of a private email server is evidence among the emails recently released by the State Department that she maintained deep ties to the Clinton Foundation while serving as U.S. secretary of state.

In a new report, Wall Street analyst and investor Charles Ortel charges the Clintons and their associates have been engaged in a “vast criminal conspiracy to defraud the general public, enrich themselves and entrench their political influence.”

Ortel believes the evidence calls for a criminal investigation by the FBI as well as by attorneys general in four states where the Clinton Foundation is registered, maintains offices and/or has aggressively solicited individual donations: Arkansas, Massachusetts, California and New York.

He published on his website a new executive summary of his “First Foundation Report” of his continuing investigation into the operations of the Bill, Hillary, & Chelsea Clinton Foundation.

“Since July 2002, the worst known example of flagrant and unpunished abuses by a U.S. domiciled, public charity is the record of voluminous flawed, inaccurate, false and misleading public disclosures made by representatives of the Bill, Hillary, and Chelsea Clinton Foundation (the “Clinton Foundation”), as trustees, executives and agents illegally solicited across state, and national boundaries and raised close to $2 billion from donors who were either willingly or unwillingly duped,” Ortel alleges.

Ortel has shared with WND his investigative files amounting to hundreds of pages of tables, exhibits and appendices. The documentation supports his claim that between 2002 and 2013, the Clinton Foundation solicited potential donors across state and national boundaries to raise close to $2 billion.

“The biggest unanswered questions concern why state, federal, and foreign government authorities have failed, so far, to prosecute trustees, executives, and agents of the Clinton Foundation and its constituent elements for ceaselessly promoting a global criminal enterprise in the guise of philanthropy,” Ortel writes.

“Known and unprosecuted felony and misdemeanor offenses of Clinton Foundation Trustees and others include taking donations under false pretenses, diverting donations from their intended purposes, failing to exercise required control over operations, creating substantial private gain, allowing insiders to appropriate illegally created private gains, and thereby corroding an otherwise well deserved reputation that many American charities rightfully have obtained over decades, for performing good works worldwide in conformity with applicable laws and regulations.”

Clintons admit to filing false financials

In his report, Ortel stresses the Clintons admitted to violating federal and state law by acknowledging in April that the foundation needed to withdraw error-ridden IRS Form 990s “for some years” and file corrected financials.

He cites an April 26 statement by Clinton Foundation acting CEO Maura Pally titled “A Commitment to Honesty Transparency, and Accountability.” Published on the Clinton Foundation website, it says that after a “voluntary external review is completed,” the foundation “will likely refile forms for some years.”

Pally tried to excuse the erroneous financial statements filed with the IRS by claiming that “mistakes” in incorrectly combining government grants with other donations were not uncommon for “organizations of our size.” She added that the foundation was “acting quickly to remedy” the problem and “to take steps” to make sure no more erroneous financials are filed with the IRS in the future.

For Ortel, that explanation does not excuse the various requirements under state and federal law specifying that charitable organizations must file truthful, complete and accurate financial statements with regulators, including the IRS, verified by competent, informed and independent auditing firms.

Ortel points out that since April 26, the Clintons have not filed or posted on their website corrected financial statements along with “thorough and granular explanations” of any and all amendments made to the erroneous financial statements.

Ortel puts the blame on federal and state regulators, including the IRS, for failing to hold the Clinton Foundation to standards regarding the operation of charitable organizations. In contrast, “smaller public charities, run by less august persons who are, less well trained professionally, and by less responsible principals who solicited fewer target donors and raised smaller sums of money have been aggressively prosecuted, and severely punished via criminal and civil legal proceedings.”

Meanwhile, Ortel alleges that despite the continued failure to post the promised corrected financial statements, “the Clinton Foundation and constituent elements recklessly continue to solicit donations on the basis of inaccurate, false, and misleading public filings in violation of state, federal, and foreign laws.”

‘Hillary culpable’

Ortel charges that because Hillary Clinton served as a trustee of the Clinton Foundation, she cannot escape legal responsibility for the erroneous statements the Clinton Foundation now admits having filed with the IRS. He contends she also is responsible for inconsistent, incomplete, materially misleading and outright false financial filings that invalidate audited financial statements since the foundation’s inception.

Ortel alleges that while Clinton served as trustee, from 2013 through April 2015, the Clinton Foundation “procured independent audits of financial statements and submitted public filings to government authorities that were false, materially misleading, and fraudulent, while actively soliciting donations across state and national boundaries.”

He charges that during Hillary’s tenure as trustee, the Clinton Foundation filed false and misleading financial forms concerning calendar years 2010 and 2011. Also, the Clinton Health Access Initiative, CHAI, aimed at combating HIV/AIDS in third world countries, filed amended financial forms for 2012 and 2013. Ortel takes that as an admission CHAI initially filed erroneous financial forms in apparent violation of state and federal law.

Ortel notes that while she was a trustee, Clinton never demanded any reexamination of Clinton Foundation financial filings for the years 2002 through 2013. He has concluded the audited statements for the Clinton Foundation for those years were inconsistently consolidated “in gross violation of relevant accounting standards and of applicable state, federal and foreign laws that require production of wholly accurate, truthful, and complete informational returns.”

“Legally mandated Clinton Foundation disclosures that are the responsibility of Clinton Foundation Trustees and must be wholly accurate, complete and, in the case of financial disclosures, verified by competent, informed, and independent accounting professionals,” Ortel writes.

“Instead, Clinton Foundation public disclosures concerning the period July 2002 to present are false, incomplete, inaccurate, and not appropriately verified by independent auditors.”

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Wall Street Financial Expert Says The Actual Unemployment Rate Is 37.2%

Wall Street Adviser: Actual Unemployment Is 37.2%, ‘Misery Index’ Worst In 40 Years – Washington Examiner

Don’t believe the happy talk coming out of the White House, Federal Reserve and Treasury Department when it comes to the real unemployment rate and the true “Misery Index.” Because, according to an influential Wall Street advisor, the figures are a fraud.

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In a memo to clients provided to Secrets, David John Marotta calculates the actual unemployment rate of those not working at a sky-high 37.2 percent, not the 6.7 percent advertised by the Fed, and the Misery Index at over 14, not the 8 claimed by the government.

Marotta, who recently advised those worried about an imploding economy to get a gun, said that the government isn’t being honest in how it calculates those out of the workforce or inflation, the two numbers used to get the Misery Index figure.

“The unemployment rate only describes people who are currently working or looking for work,” he said. That leaves out a ton more.

“Unemployment in its truest definition, meaning the portion of people who do not have any job, is 37.2 percent. This number obviously includes some people who are not or never plan to seek employment. But it does describe how many people are not able to, do not want to or cannot find a way to work. Policies that remove the barriers to employment, thus decreasing this number, are obviously beneficial,” he and colleague Megan Russell in their new investors note from their offices in Charlottesville, Va.

They added that “officially-reported unemployment numbers decrease when enough time passes to discourage the unemployed from looking for work. A decrease is not necessarily beneficial; an increase is clearly detrimental.”

Then there is the Misery Index, which is a calculation based in inflation and unemployment, both numbers the duo say are underscored by the government. He said that the Index doesn’t properly calculate how Uncle Sam is propping up the economy with bond purchases and other actions.

“These tricks, along with a host of other dubious accounting schemes, underreport inflation by about 3 percent,” they wrote, adding that the official inflation rate is just 1.24 percent.

“Today, the Misery Index would be 7.54 using official numbers,” they wrote. But if calculations tabulating the full national unemployment including discouraged workers, which is 10.2 percent, and the historical method of calculating inflation, which is now 4.5 percent, “the current misery index is closer to 14.7, worse even than during the Ford administration.”

Click HERE For Rest Of Story

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President Asshat Tries To Scare Wall Street With Phony And Reckless Government Default Claims

Obama To Wall Street: Be Afraid, Be Very Afraid – Washington Times

Not surprisingly, Wall Street looks a little wobbly at the opening bell this morning. This follows a previous negative session buoyed only partially by the Federal Reserve’s latest helicopter drop of printing press cash. The reason for the continued negativity should be fairly obvious by now. Stock futures are falling as the partial shutdown of the U.S. government drags on for a third day.

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The government shutdown, originally estimated to last a day or two by most analysts and pundits, looks to be more lengthy now, perhaps considerably so, as the main aim of President Obama and the Senate Democrats seems to be the destruction of the Republican party, regardless of the economic and social consequences. While the shutdown itself is estimated to trim only about 0.2 percent from the gross domestic product each week, that could grow worse if the impasse begins to erode consumer and business confidence.

That was essentially the message from the National Retail Federation, which releases its sales forecast for the next two months on Thursday. Matthew Shay, the group’s president and CEO, said the calculations were made before the shutdown.

The President himself, as has been his custom over the past five years, won’t condescend to dirty his political hands over the budget mess that both he and Senate Majority Leader Harry Reid have kept at a boil by refusing to pass a real budget as Congress is required to. Budgets – and of course, budget ceilings – exist for them only as theoretical limits on the U.S. Treasury’s printing presses as well as convenient opportunities to unite with the lapdog media in attacking Republicans for the problems the Democrats themselves have caused and refuse to remedy.

Obama kept the pot at a boil yesterday, making deliberately provocative comments to the press based on lies, evasions, and half-truths, as is his custom.

In a CNBC interview, Obama said, “When you have a situation in which a faction is willing to default on U.S. obligations, then we are in trouble.” That “faction,” of course, is the Tea Party whose position has never included a “willingness” to default. They simply want to slow the increase in the debt ceiling by trading current increases for further tax cuts.

“I am exasperated with the idea that unless I say that 20 million people, ‘you can’t have health insurance, they will not reopen the government,’” Obama continued. “That is irresponsible.” This, of course, is another astonishingly transparent lie. No one on Capitol Hill in either party as ever said that Americans “can’t have health insurance.” The Republican opposition is simply stating the obvious, namely that the reckless, out-of-control Affordable Care Act, more un-popularly known as Obamacare, is not the way to go about it.

No matter. Obama continued to bore in on this phony scenario on CNBC and elsewhere Wednesday. “If we get into the habit where one party is allowed to extort, …then any president who comes after me we be unable to govern effectively,” Obama said. Seriously?

Commenting on the entire current impasse, he recklessly observed, “this time I think Wall Street should be concerned.” Surely even this president must be aware that responsible high government officials must never shout “Fire!” in a crowded theater. Or in a life-and-death market of stocks and bonds on Wall Street which, while wobbling lately, is still the financial capital of the world.

But none of this matters to the first American president who longs for the dictatorial powers possessed by his counterpart in the once and future Soviet Union. The prime obstacle to the happiness of this obstinate, childish president is the existence of an opposition party in this country. All other hopes and goals are in the end irrelevant.

The complete and utter destruction of the Republican Party is the only game in town as it has been for nearly five years, despite this president’s constant claim “I have tried to work with the Republicans.” That, in fact, is the biggest lie of all.

All of which leaves the stock market trading on political rumors and news, not on facts, figures, and values. Aside from nimble trading here and there, investing in the old-fashioned sense is just too dangerous right now.

Compounding the problem is the fact that even that old standby, that old “store of value” known as gold has been trading strangely for well over a year now, clearly the subject of some kind of massive, coordinated, and likely illegal maneuvering that regulatory institutions seem uninterested in resolving.

This leaves almost nowhere for concerned investors to go, save for the generous 0.01 percent interest they’re earning on their money market accounts, even as regulators quietly plan to destroy this hiding place as well by forcing the traditional $1 peg to float, thus terminating the usefulness of this vehicle as a holding mechanism.

No trading hints or recommendations this morning. It’s just too iffy, and it’s likely to remain that way as the Democrats and their President refuse to negotiate with the Republicans while blaming the Republicans for refusing to negotiate.

Politics hasn’t been this disgusting in Washington since the waning days of the Buchanan Administration. As the President dithered and failed to lead, Congress disintegrated, and half its members trotted off to found another country. Times are different now, but perhaps we’re watching a very different kind of instant replay.

Click HERE For Rest Of Story

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Barack Obama running for president, truth hardest hit

 

Even the Washington Post is sick of Obama’s lies

Via WaPo:

Now Governor Romney believes that with even bigger tax cuts for the wealthy, and fewer regulations on Wall Street, all of us will prosper. In other words, he’d double down on the same trickle-down policies that led to the crisis in the first place.”

— President Obama, in a new two-minute television ad released Sept. 27, 2012 […]

The Pinocchio Test

It is time for the Obama campaign to retire this talking point, no matter how much it seems to resonate with voters. The financial crisis of 2008 stemmed from a variety of complex factors, in particular the bubble in housing prices and the rise of exotic financial instruments. Deregulation was certainly an important factor, but as the government commission concluded, the blame for that lies across administrations, not just in the last Republican one.

In any case, the Bush tax cuts belong at the bottom of the list — if at all. Moreover, it is rather strange for the campaign to cite as its source an article that, according to the author, does not support this assertion.

We nearly made this Four Pinocchios but ultimately decided that citing deregulation in conjunction with tax cuts kept this line out of the “whopper” category. Still, in his effort to portray Romney as an echo of Bush, the president really stretches the limits here.

As any honest person knows, revenue to the Treasury rose, increased, went up, after the evil Bush tax cuts. Those cuts were NEVER the problem, TOO MUCH SPENDING WAS, and IS, the reason for our huge deficit. Yet, lying weasels er Democrats NEVER EVER seriously talk about cutting spending, they only cry for more revenues. Not that Republicans have been much better mind you. But our deficit is caused by overspending, PERIOD!

 

The greed of Liberal government is killing revenues

We often hear those on the left talk about the rich being “greedy”, and not paying their “fair share”. Oddly enough, it is the Liberal obsession with taxing businesses, and the rich to death that ends up costing the Left what it so dearly loves, higher tax revenues.

Donald Douglas points this out, using the example of how  Apple avoids California’s punitive taxes and a surprising source, the New York Times

Two things of note: (1) It’s completely rational for Apple to establish accounting units outside of California, despite having its main headquarters in the state; and (2) there’s a supreme irony in how the most hip of progressive companies operates no differently (if not more rationally) than the most “evil” of the Wall Street leverage kings or the hated Koch-style conservative business concerns.

Taxes destroy businesses and prosperity and if firms want to survive they have to do what it takes to avoid them. You’d think governments would understand this. But progressives just keep killing the geese that lay the eggs.

At the New York Times, “How Apple Sidesteps Billions in Taxes” (via Memeorandum):

RENO, Nev. — Apple, the world’s most profitable technology company, doesn’t design iPhones here. It doesn’t run AppleCare customer service from this city. And it doesn’t manufacture MacBooks or iPads anywhere nearby.

Yet, with a handful of employees in a small office here in Reno, Apple has done something central to its corporate strategy: it has avoided millions of dollars in taxes in California and 20 other states.

Apple’s headquarters are in Cupertino, Calif. By putting an office in Reno, just 200 miles away, to collect and invest the company’s profits, Apple sidesteps state income taxes on some of those gains.

California’s corporate tax rate is 8.84 percent. Nevada’s? Zero.

Setting up an office in Reno is just one of many legal methods Apple uses to reduce its worldwide tax bill by billions of dollars each year. As it has in Nevada, Apple has created subsidiaries in low-tax places like Ireland, the Netherlands, Luxembourg and the British Virgin Islands — some little more than a letterbox or an anonymous office — that help cut the taxes it pays around the world.

Almost every major corporation tries to minimize its taxes, of course. For Apple, the savings are especially alluring because the company’s profits are so high. Wall Street analysts predict Apple could earn up to $45.6 billion in its current fiscal year — which would be a record for any American business.

Even among tech companies, Apple’s rates are low. And while the company has remade industries, ignited economic growth and delighted customers, it has also devised corporate strategies that take advantage of gaps in the tax code, according to former executives who helped create those strategies.

Apple, for instance, was among the first tech companies to designate overseas salespeople in high-tax countries in a manner that allowed them to sell on behalf of low-tax subsidiaries on other continents, sidestepping income taxes, according to former executives. Apple was a pioneer of an accounting technique known as the “Double Irish With a Dutch Sandwich,” which reduces taxes by routing profits through Irish subsidiaries and the Netherlands and then to the Caribbean. Today, that tactic is used by hundreds of other corporations — some of which directly imitated Apple’s methods, say accountants at those companies.

Without such tactics, Apple’s federal tax bill in the United States most likely would have been $2.4 billion higher last year, according to a recent study by a former Treasury Department economist, Martin A. Sullivan. As it stands, the company paid cash taxes of $3.3 billion around the world on its reported profits of $34.2 billion last year, a tax rate of 9.8 percent. (Apple does not disclose what portion of those payments was in the United States, or what portion is assigned to previous or future years.)

By comparison, Wal-Mart last year paid worldwide cash taxes of $5.9 billion on its booked profits of $24.4 billion, a tax rate of 24 percent, which is about average for non-tech companies.

So, we see that corporations will take advantage of so-called ta loopholes, they will do what it takes to maximize profits. So, how could a state that is broke, like say California, get Apple and other corporations to pay more taxes, without losing even more revenue the state needs so badly? How about this, LOWER the tax burden. Then SIMPLIFY the tax code. Make it easier businesses to incorporate in your state. In other words, if Liberals would stop kicking businesses in the wallets at every turn, businesses would be far more likely to stay incorporated in California. 

As a consequence, those companies would pay taxes to California. Yet, Liberals fail to see this. All their greedy eyes can see when they look businesses is cash cows, ripe for the squeezing.

It is odd to see the Left’s quandry. They love higher revenues, more money to spend on their beloved social programs, but they also love making those evil rich folks pay. they could get more revenue by lowering tax rates and simplifying tax codes, but that would mean they could not impose those asinine taxes on those bad rich companies!

Your DaleyGator Commie Thug of the Day

Van Jonesyet another of Obama’s openly Communist buddies is planning an “Arab Spring” for America.

An Egypt-styled “Arab Spring,” which has put radicals in charge of the government, will be launched in the United States this spring with a war on “corporate power, Wall Street greed and the political corruption of the 1 percent,” according to the group headed by former Obama green aide Van Jones.

“They’re really not going to like the 99 percent Spring,” said Rebuild the Dream in an organizing email Friday.

Comparing the collection of protests last year that are symbolized by the 99 percent campaign and Occupy movement, to those of Gandhi and Martin Luther King Jr., the group said that “we were all inspired by the protesters of the Arab Spring who stood up to totalitarian governments, and inspired the Occupy movement here in America.”

The plan for now is to hold protest training sessions around the nation next week. Over 900 are scheduled so far.

Once ready, the group and dozens of others, notably MoveOn.org and labor unions, will launch the “99 Percent Spring” offensive against government and financial centers.

“We’re at a crossroads as a country. In recent years, millions have lost their jobs, homes have been foreclosed, and an unconscionable number of children live in poverty. We have to stand up to the people who caused of all this and confront the rampant greed and deliberate manipulation of our democracy and our economy by a tiny minority in the 1%,” said Caroline Murray, of Rebuild the Dream Innovation Fund, in the organizing email.

This type if thing is straight out of the Communist playbook, and do not forget it. You can expect the media will treat these thugs with kid gloves no matter how violent they become or how much intimidation they use. I have predicted that this will be the most divisive election of our lifetime. Just remember that there is likely nothing the Left will not resort to this November.

Bain, Bain, Bain!

OK, here you go, I would not have encouraged Rick Perry, or Newt to pursue the Bain line of attacks on Romney. There are lots of other areas to attack Romney on. But, before we start labeling what Newt or Perry are saying as “attacking Capitalism” we ought to find out if the charges they make are CORRECT shouldn’t we?

Anyone who is thinking straight KNOWS, without a doubt, that Perry and Newt are definitely NOT anti-Capitalism. So, when anyone starts blasting Perry or Newt for engaging in class warfare, they are making asses of themselves. Sean Hannity acts like someone pissed in his Cheerios over this. Funny, I do not remember Hannity getting upset over Mitt LYING about Perry wanting to end Social Security. I do not recall Hannity crying over Michel Bachmann’s absurdly false claims about Perry and Gardasil. Or her idiot attacks on Newt. A bit of Selective Outrage Syndrome seems to be afflicting Hannity. Jill links to a couple of videos of Hannity interviewing Palin, who defends Perry, and notes that Perry knows about creating jobs.

Also check out Jill’s post on Mitt and his, say it with me, “electability”

Peter Ferrara on why RINO Romney is the least electable:

Romney the Republican establishment businessman is telling us with his limited, crabbed policy kowtowing to Obama’s class warfare rhetoric that he feels, like Bush I and Republican RINO moderates generally, that he cannot explain and defend good supply-side policy to the public. Given his background and who he is as a rich Wall Street takeover artist, he personally may be right about that. Who is going to take seriously a Wall Street millionaire calling for tax cuts for millionaires? That is why he personally is not a good vessel for carrying the Republican standard this year. He is actually a perfect caricature for the neo-Marxist class warfare arguments of Obama and the Occupy Wall Street rabble. That is one reason why Romney, in fact, is the least electable.

Or as Dan Riehl put it earlier today:

He feeds right into the concept of a 1%. What a freaking nightmare.

Also, maybe Romney has flip-flopped on this issue too?

Ace tries to put some sanity back into this and has the interview Laura Ingraham did with Perry earlier today

Two quick notes about that interview, at one point, Ingraham asks if Perry is worried the Dems might use this against Mitt if he is the eventual nominee. Good grief, I think the Dems likely are going to use that even if no Republican mentioned it. secondly, I do not know what Herman Cain’s issue with Perry is, but, frankly, he looks childish attacking Perry, come on Mr. Cain, aren’t you better than that?

If folks in Alabama get this upset over water bills…….

Just imagine how they will react when LSU whips the Tide January 9th?

“These people are going to end up rioting about this,” says Sheila Tyson, a community activist in Jefferson County, Ala. “If they let this stuff happen they are going to get the biggest riot the South has ever seen . . . I can see it coming.”

That’s a pretty serious prediction. What could possibly start a riot that big?

She’s talking about the likelihood of Jefferson County increasing its water and sewage bill rates.

Oh. Is it really all that bad?

“If the sewer bill gets higher, my light might get cut off and if I try to catch up the light, my water might get cut off. So we’re in between. We can’t make it like this,” says Tammy Lucas, a Birmingham resident who has been affected by a “financial and political scandal that has brought one of the most deprived communities in America’s south to the point of what some local people believe is collapse,” reports the BBC.

So what will Robert Stacy McCain do if LSU beats Alabama again? Will he feel “embattled”? And how much will Pat Austin rub Stacy’s nose in it if her Tigers roll the Tide?

And who will I be pulling for? Hmmmm, after much thought, I am going to have to say……GEAUX TIGERS!

A picture is worth…………

They say 1,000 words but this one that Lance found? I say it is worth more! And what makes this one so cool, is the story behind it!

The story:

Kevin Hiltunen, a former NYPD officer, yesterday grabbed an Occupy Wall Street demonstrator by the collar and dragged him out of a Queens school where he’d been heckling US Rep. Bob Turner at the congressman’s swearing-in ceremony.


 

*VIDEO* Everything You Need To Know About The Leftist ‘Occupy’ Movement In America

Western Hero nails it!

I love this quote

Red diaper rash ranters are marching on Wall Street and squalling for free stuff.  Among their list of demands is “free college education.”
Graduates from prestigious universities with advanced degrees in Lesbian Dance and Ethnic Studies are shocked and outraged to find they are unemployable.  And they want you and I to pay off their substantial and ill-considered student loans.
They should be marching on the colleges and universities that screwed them.  They should be occupying the offices of the counselors who steered them away from math and science and instead put them on the path that leads to angry activism, unemployment lines and the crash of unwarranted self-esteem.

An ACORN does not fall from the Tree of Communism, or from the Tree of Community organizing

Ah yes, ACORN, the radical Leftist group that was so involved with Obama’s 2008 campaign, until it was forced to “disband”. Is it any surprise that these Neo-Marxists are firmly involved with the OWS? Just take a look at what Jim Hoft unearthed

Barack Obama was not honest about his relationship with ACORN during the 2008 election.

In 2009 Congress voted to defund ACORN and its affiliates. But that didn’t stop the Obama Administration from giving $560,000 to ACORN affiliates in 2010.

So it really comes as no surprise that ACORN is working behind the scenes in the Obama-endorsed Occupy movement.
FOX News reported:

The former New York office for ACORN, the disbanded community activist group, is playing a key role in the self-proclaimed “leaderless” Occupy Wall Street movement, organizing “guerrilla” protest events and hiring door-to-door canvassers to collect money under the banner of various causes while spending it on protest-related activities, sources tell FoxNews.com.

The former director of New York ACORN, Jon Kest, and his top aides are now busy working at protest events for New York Communities for Change (NYCC). That organization was created in late 2009 when some ACORN offices disbanded and reorganized under new names after undercover video exposes prompted Congress to cut off federal funds.

NYCC’s connection to ACORN isn’t a tenuous one: It works from the former ACORN offices in Brooklyn, uses old ACORN office stationery, employs much of the old ACORN staff and, according to several sources, engages in some of the old organization’s controversial techniques to raise money, interest and awareness for the protests.

Sources said NYCC has hired about 100 former ACORN-affiliated staff members from other cities – paying some of them $100 a day – to attend and support Occupy Wall Street. Dozens of New York homeless people recruited from shelters are also being paid to support the protests, at the rate of $10 an hour, the sources said.

How is that for transparency? This nation, or at least millions of us, were duped by a message of Hope and Change. A message delivered by a con man, and supported by a media that REFUSED to do any digging into the radicalism that oozes from Obama’s past, and apparently, his present as well, and seemingly everyone one of his associations .

Yesterday Joel Pollack at Big Government reported on how Barack Obama led #OccupyChicago style protests in Chicago in 1988.
From Stanley Kurtz’s essential Radical-in-Chief: Barack Obama and the Untold Story of American Socialism, pp. 117-8:

Obama personally helped plan one of UNO’s most confrontational actions of the eighties [in 1988]: a break-in meant to intimidate a coalition of local business and neighborhood leaders into dropping a landfill expansion deal.

We know of Obama’s involvement in this demonstration only because his supporters in 2008 felt it necessary to rebut charges that, contrary to his claims of inter-racial healing, he had organized exclusively with blacks. Only then did Obama’s former colleagues from UNO [United Neighborhood Organization, a largely Mexican group] of Chicago reveal that he had helped to plan and lead this multi-ethnic demonstration against landfill expansion on Chicago’s South Side.

…Shouting “No deals!” somewhere between eighty and a hundred UNO-DCP [Developing Communities Project, a black group organized by Obama] marched to a local bank. There they broke into a meeting being conducted by the bank president and local community leaders. The group was exploring the possibility of a deal with Waste Management. The protestors, presumably including Obama, surrounded the meeting table while [Mary-Ellen] Montes [of UNO] told the negotiators, “We will fight you every step of the way.”

It wasn’t an isolated incident.
In his early years as a community organizer, Barack Obama sued banks and lenders to ease lending practices.
He also led protests at banks.

State Sen. Barack Obama and Fr. Michael Pfleger led a protest in January 2000 against the payday loan industry demanding the State of Illinois to regulate loan businesses. (NBC 5 Week of January 3, 2000)

America has paid a heavy price for falling for a message promising transparency that was only transparent in that it was obviously completely false. At least it was obvious for anyone paying attention.

Of course, too many of  us refuse to pay attention. We fall for a message that tells us what we want to hear. This is what happens when a large part of the electorate does not know how to think, and does not know the history of this nation. I can only pray that our eyes are open next November. The Communist thugocracy has done enough damage to our Republic!

*VIDEO* Wall Street-Occupying Flea Bagger Has Meltdown On Camera

What if the Left called for a Day of Rage, but no one was really outraged?

Donald Douglas reports on the tragic shortage of outrage on Wall Street

According to one source, only about 300 people showed up.

But see MyFoxNY, “Day Of Rage’ Protest On Wall Street.”

And there’s a big write-up at New York Times, Wall Street Protest Begins, With Demonstrators Blocked,” and Daily Mail, ‘We won’t put up with their greed any more’: Demonstrators try to take over Wall Street in protest against corruption and budget cuts.”

I love it when the Left is exposed for what they are, a very small minority!

You know, if I had a dollar for every stupid thing Bernie Sanders ever said……….

Bernie Sanders
Image via Wikipedia

I could likely pay off the national debt, AND still get a cheeseburger

A proposal that rich Americans and corporations bear the brunt of paying off much of the federal deficit is catching fire as liberals and progressives are urging President Obama not to give in to GOP demands that no taxes be considered in the talks to boost the deficit ceiling. [Read the U.S. News debate: Should Congress raise the debt limit?]

Click here to find out more!

A letter to Obama posted on Sen. Bernie SandersWeb site already has 4,500 signatures and that is expected to surge after he addresses the issue in a late afternoon Senate floor speech today.

“Mr. President, please listen to the overwhelming majority of the American people who believe that deficit reduction must be about shared sacrifice. The wealthiest Americans and the most profitable corporations in this country must pay their fair share,” the Vermont Independent urges.

“At least 50 percent of any deficit reduction package must come from revenue raised by ending tax breaks for the wealthy and eliminating tax loopholes that benefit large, profitable corporations and Wall Street financial institutions. A sensible deficit reduction package must also include significant cuts to unnecessary and wasteful Pentagon spending.”

Republicans have rejected new taxes as part of an agreement to trim the deficit and offset the $2.4 trillion boost in the national debt ceiling.

The whole letter is at the link, read it if you have the time, and a desire to pull your hair out in clumps.

Robert Reich, the Marxist Moron of the Day!

He may be short on stature, but he is long on redistribution of wealth! H/TBluegrass Pundit

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And then they see, uh, Republicans are very good at channeling that anger toward what? Government, immigrants, public employees. Well, an angry population and an angry populace could just as easily turn their anger toward the very rich. Again, it is in the interest of the people at the top to actually call for a more equitable distribution of the gains of economic growth and a better tax system: a tax system that is fair.

Note what Reich is indicating here. He is saying that more punitive taxation is the only way to avoid a revolution against the evil, filthy rich. Class warfare was and is, one of the favorite tactics of the Left. Note that Marxists of all stripes use class warfare as well.

They also are very adept at using intimidating tactics aren’t they?

They also use this tactic on politicians who dare to vote against the wishes of the far Left, it is all part of the Socialist practice known as “community organizing”.

Aw, those loveable union thugs, Robert Reich obviously approves! And, as Brutally Honest points out, we are moving closer to some really bad things happening, and of course, THEN, and only then will the media take note, and yep, they will most assuredly find a way to blame Conservatives!

We’re on the verge of mob violence in Wisconsin

And yet the media will ignore it… until someone gets hurt or worse… and then they’ll figure out how to blame Walker and the Republicans… or Sarah Palin… or Rush Limbaugh… anyone but the moonbats in charge and the President of the United States who leads and inspires them:

Bob Belvedere agrees with me, that these thugs are being led by their Leftist puppet masters

The Leftist Elite has called for a rising of their followers: The Committed, Fellow Travellers, Useful Idiots, Dupes.  Wisconsin is merely the first bursting forth of the this next stage of their Revolution.  Up until now, the Left has been content to wage a stealth war against The United States.  With the election of Barack Hussein Obama and majorities in both houses of the Congress two years ago, those leading the Revolution felt liberated enough to begin to speak openly of their goals and desires.  Now, with the setbacks the Left has recently suffered and fearing more are on the way [that their Revolution is in jeopardy], the Leftist Elites have decided to take their Revolution to the next stage: open confrontation.  When you implement this phase, there is always the danger that violence perpetrated by individual members or small groups of your mobs will break out.  This has happened, but the Left has been aided in covering up these crimes by those members of the Mainstream Media who are not part of the Elite Class, but are Dupes and Useful Idiots, by sympathetic policemen who are too stupid to realize the threat the Left poses to Law And Order, and by politicians, not part of the Elite, who think this is all part of the game of politics because they are imbeciles.*  As the violence escalates – and it will because it’s inevitable in Revolutions – will the Useful Idiots, the Dupes, the stupid, and the imbeciles wake up?  I hope for the best, but expect the worst.  What I do know is, if the Revolution isn’t crushed soon, there will be blood and a hard rain’s gonna fall.  Could this be one explanation?

And Michelle explains that all of these thuggish, violent tactics go back to Alinsky!

The goals of the teachers union machine are not academic excellence, professional development and fairness. As former NEA official John Lloyd explained it: “You cannot possibly understand NEA without understanding Saul Alinsky. If you want to understand NEA, go to the library and get ‘Rules for Radicals.’”

The goals are student indoctrination, social upheaval and perpetual agitation in pursuit of bigger government and spending without restraint. No wonder the signature “solidarity” color of the teachers union protests this month is red.

Red as in, well, I think that is obvious by now isn’t it?

VIDEO: Helen Thomas Controversy : The Other McCain

Stacy McCain asks the question of the day! What were the qualifications to receive a “Helen Thomas Diversity Award”?

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Freddie Mac: Finding new and inventive ways to waste even more of your tax dollars!

Let’s see now. Wasting $64BILLION a year already? Check! Wasting even more on a “diversity officer”? CHECK! And you can thank Race baiter supreme Maxine Waters says my blogging role model

Taxpayer-supported mortgage behemoth Freddie Mac — yes, the same government-sponsored entity that is sucking $64 billion of your money to stay afloat — is proud to announce that it is squandering more of your bucks on a “diversity officer:”

Freddie Mac, the government-controlled mortgage buyer, on Monday named Subha V. Barry to head its newly formed office of diversity and inclusion.

As chief diversity officer, Barry will work with the company’s business units to ensure they’re maximizing opportunities in diverse markets. She will also ensure the company is utilizing diverse talent among its employee and suppliers, and developing strategies focused on the needs of a diverse work force.

Barry will also design the new executive diversity council.

You can thank diversity-mongering Maxine Waters for stuffing the race preference mandates into the financial “reform” law.

The recently enacted financial reform legislation tries in numerous ways to change how Wall Street companies and their federal regulators act, but a little-noticed provision aims for something potentially more difficult and controversial – altering how they look.

To promote diversity in the largely a white male world, the new law requires each of the 30 federal financial agencies and departments, including the Securities and Exchange Commission and all 12 Federal Reserve banks, to establish an Office of Minority and Women Inclusion.

Those offices will have vaguely defined powers to boost diversity at their agencies and the companies they regulate and to increase federal contracting opportunities for minority- and women-owned businesses. Banks and other financial firms that fail to make “a good-faith effort to include minorities and women in their workforce” could lose their government contracts.

 Michelle adds that, YES WE CAN,  Expect more cronyism of color on the public dime. By the way, Eddie Bernice Johnson is, sadly my Representative, but, hopefully, not for much longer!

Longtime Dallas congresswoman Eddie Bernic e Johnson has awarded thousands of dollars in college scholarships to four relatives and a top aide’s two children since 2005, using foundation funds set aside for black lawmakers’ causes.

The recipients were ineligible under anti-nepotism rules of the Congressional Black Caucus Foundation, which provided the money. And all of the awards violated a foundation requirement that scholarship winners live or study in a caucus member’s district. Johnson, a Democrat, denied any favoritism when asked about the scholarships last week. Two days later, she acknowledged in a statement released by her office that she had violated the rules but said she had done so “unknowingly” and would work with the foundation to “rectify the financial situation.”

Initially, she said, “I recognized the names when I saw them. And I knew that they had a need just like any other kid that would apply for one.” Had there been more “very worthy applicants in my district,” she added, “then I probably wouldn’t have given it” to the relatives.

Just another dishonest disgrace!