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The Pelosi Speech That Doomed America

September 30th, 2008 | 6 Comments | Posted in Economy

Congratulations Madame Speaker Nancy Pelosi
Creative Commons License photo credit: Steve Rhodes

Here’s the speech that cost America 1 trillion… Nancy played the politics card and now we pay.


Washington, D.C. – Speaker Nancy Pelosi spoke on the House floor this afternoon in support the Emergency Economic Stabilization Act of 2008.

Below are her remarks, as prepared:

“Madam Speaker, when was the last time someone asked you for $700 billion?

“It is a number that is staggering, but tells us only the costs of the Bush Administration’s failed economic policies—policies built on budgetary recklessness, on an anything goes mentality, with no regulation, no supervision, and no discipline in the system.

“Democrats believe in the free market, which can and does create jobs, wealth, and capital, but left to its own devices it has created chaos.

“That chaos is the dismal picture painted by Treasury Secretary Paulson and Federal Reserve Chairman Bernanke a week and a half ago in the Capitol. As they pointed out, we confront a crisis of historic magnitude that has the ability to do serious injury not simply to our economy, but to the American people: not just to Wall Street, but to everyday Americans on Main Street.

“It is our responsibility today, to help avert that catastrophic outcome.

“Let us be clear: This is a crisis caused on Wall Street. But it is a crisis that reaches to Main Street in every city and town of the United States.

“It is a crisis that freezes credit, causes families to lose their homes, cripples small businesses, and makes it harder to find jobs.

“It is a crisis that never had to happen. It is now the duty of every Member of this body to recognize that the failure to act responsibly, with full protections for the American taxpayer, would compound the damage already done to the financial security of millions of American families.

“Over the past several days, we have worked with our Republican colleagues to fashion an alternative to the original plan of the Bush Administration.


Blah, blah, blah…


“With passage of this legislation today, we can begin the difficult job of turning our economy around, of helping those who depend on a growing economy and stable financial institutions for a secure retirement, for the education of their children, for jobs and small business credit.

“Today we must act for those Americans, for Main Street, and we must act now, with the bipartisan spirit of cooperation which allowed us to fashion this legislation.

“This not enough. We are also working to restore our nation’s economic strength by passing a new economic recovery stimulus package—a robust, job creating bill—that will help Americans struggling with high prices, get our economy back on track, and renew the American Dream.

“Today, we will act to avert this crisis, but informed by our experience of the past eight years with the failed economic leadership that has left us left capable of meeting the challenges of the future.

“We choose a different path. In the new year, with a new Congress and a new president, we will break free with a failed past and take America in a New Direction to a better future.”


This is the speech that doomed the US market and is going to bring a world of pain to all of us. All because she had to try to cover the Dems tracks on this mess…

When the Americans come to realize that the Democrats are responsible for creating this mess, and then put the knife into the back of the markets today, they’ll be rewarded.

This wasn’t the time to play kindergarden politics, but Nancy can’t help it – this is the fabric of the Democrats.

Unfortunately, we are now set on a path that is sure to be disastrous to everyone worldwide – thanks to a congress that enjoys about 8% approval.


For more insight into how the Democrats cause this mess – here a good recap..



Obama As Elitist Hailed

September 29th, 2008 | 1 Comment | Posted in Oddities

Portrayal Of Obama As Elitist Hailed As Step Forward For African Americans


Obama’s image is now cemented and this video discusses how Obama’s elitist portrayal is changing things for black Americans.

Layton: Let’s Collapse The Canadian Economy

September 28th, 2008 | 2 Comments | Posted in Canada Election

Go tea!
Creative Commons License photo credit


In a move to appeal to the chronically unemployed, single moms, and anyone still grasping onto Karl Marx, Jack Layton has decided that it’s a good idea to increase taxes on companies and to give another $400/month to those with kids.

Although it has initial appeal to those wanting something for free – it amazes me that he would think that Canadians can’t see where their paychecks come from.

Tax a company and immediately that company will need to adjust its cost base – lay off some of those workers.

But that’s OK – we have a great EI program to look after you – and if you have a kid, add another $400 to your monthly income.

Layton should take a day off and read the news… it’s the worst possible time to increase spending or taxes.

We aren’t so easily fooled.

How The Dems Caused A Meltdown

September 28th, 2008 | 2 Comments | Posted in Economy


How mainstream banks became predatory lenders.

Here’s a great video outlining how the US got into the collapse of the century.

It’s about 10 minutes, well worth the time if you really want to understand how it came to be.


Coquihalla Tolls No More

September 28th, 2008 | 1 Comment | Posted in All about Vancouver

coquihalla_etc_103
Creative Commons License photo credit: bRONTE dIGITAL


In a very surprising move, Premier Gordon Campbell announced Friday that the tolls on the Coquihalla Highway will be removed immediately.

The 186-kilometre highway, opened on May 16, 1986, running between Hope and Kamloops. The Coquihalla Connector, opened in 1990, created a route directly to Kelowna.

The route was credited with kickstarting an economic boom in the Okanagan and the rest of B.C.’s Southern Interior at the dawn of Expo 86 by significantly reducing driving time to the Lower Mainland, although it was frequently closed due to heavy snow and avalanches.

With the highway nearly paid for, it was time for the toll booths to come down.

“In 2003, our government passed a policy clearly stating that any infrastructure financed by toll revenue must see the tolls removed upon recovery of construction costs,” said Infrastructure Minister Kevin Falcon.

The ministry said 3.4 million trips are completed on the Coquihalla system each year, including 2.7 million trips by passenger vehicles and 700,000 trips by commercial trucks.

I think this may be a first anywhere – I can’t recall a toll ever being removed. It sets a great precedent for encouraging new road and bridge construction through tolls.

Just in time for the ski season.

Left Wing Speech Police

September 27th, 2008 | 3 Comments | Posted in Oddities


Another sign that the Dems have lost it – truth squads??

Let’s define truth Barry… yours or ours?


The good news is that the Lissouri Gov. isn’t standing for it.


Gov. Blunt Statement on Obama Campaign’s Abusive Use of Missouri Law Enforcement

JEFFERSON CITY – Gov. Matt Blunt today issued the following statement on news reports that have exposed plans by U.S. Senator Barack Obama to use Missouri law enforcement to threaten and intimidate his critics.

“St. Louis County Circuit Attorney Bob McCulloch, St. Louis City Circuit Attorney Jennifer Joyce, Jefferson County Sheriff Glenn Boyer, and Obama and the leader of his Missouri campaign Senator Claire McCaskill have attached the stench of police state tactics to the Obama-Biden campaign.

“What Senator Obama and his helpers are doing is scandalous beyond words, the party that claims to be the party of Thomas Jefferson is abusing the justice system and offices of public trust to silence political criticism with threats of prosecution and criminal punishment.

“This abuse of the law for intimidation insults the most sacred principles and ideals of Jefferson. I can think of nothing more offensive to Jefferson’s thinking than using the power of the state to deprive Americans of their civil rights.  The only conceivable purpose of Messrs. McCulloch, Obama and the others is to frighten people away from expressing themselves, to chill free and open debate, to suppress support and donations to conservative organizations targeted by this anti-civil rights, to strangle criticism of Mr. Obama, to suppress ads about his support of higher taxes, and to choke out criticism on television, radio, the Internet, blogs, e-mail and daily conversation about the election.

“Barack Obama needs to grow up. Leftist blogs and others in the press constantly say false things about me and my family.  Usually, we ignore false and scurrilous accusations because the purveyors have no credibility.  When necessary, we refute them. Enlisting Missouri law enforcement to intimidate people and kill free debate is reminiscent of the Sedition Acts – not a free society.”


You have to wonder what they’ll come up with next.

Funding The Green Party

September 27th, 2008 | No Comments | Posted in Canada Election

Green Carnival
Creative Commons License photo credit: Lili Vieira de Carvalho


By Alina Abbot

One of the big obstacles that the Green Party will face in the next election is that of the strategic voters. Those people who share our values and agree with our policies, but who are swayed by the scare tactics of the big parties that claim “If you don’t vote for us, then THEY will get in!” as they point their fingers at the other big parties.

Here are some arguments to help persuade the strategic voters to cast their vote with the Greens:

1. Casting a vote for one of the big parties tells them that you approve of their policies and political games. You get one valuable vote, something that people around the world are willing to die for. When you use it to support a party you don’t really believe in, they still will make the assumption that you used your valuable vote to support what you believe. “Canadians have spoken!” was the cry heard from many Conservatives after the last election, even though 63.7% of Canadian voters chose someone other than the Conservatives. Every vote cast for the Green Party sends a message that Green values and policies are important. Every vote cast for the Green Party will cause the big parties to raise their eyebrows and think “Hmm, maybe Canadians really DO want something other than our policies!”

2. The parties that receive over 2% of the national vote get $1.75 per vote cast from taxpayers. When you cast a vote for a party, you are not only saying that you approve of their values, but you give them your $1.75 to support their policies and future campaigns. This translated into about $9.4 M for the Conservatives in the last election, and only about $1M for the Green Party. If you support Green values, why not also support them with your tax dollars? Your funding will be available to lobby the government in power to support Green policies, even if your Green Party candidate does not win the seat.

3. The electoral districts (ridings) that receive 10% or more of their local vote receive 50% of their campaign spending back from the taxpayers. This means that your vote not only counts for the present election, but also puts support behind that party for the NEXT election! The Green Party did make it past 10% in some ridings, but most ridings fell short. If the strategic voters had cast their votes with the Greens in the last election, then there would be more funding available in many ridings to get out the all-important message that the Green Party has values that are worth supporting.

4. With the rise of the Green Party in the polls, and the increasing interest in environmental and economic sustainability, it is highly probable that the Green Party will edge out the other parties in a number of ridings in the next election. For some ridings, it will be the choices made by the strategic voters that tip the balance for or against the Greens. For those Canadians who really want to see change in the next election, the best strategy will be to vote Green.

Perhaps the next election will have the big parties waving their fingers at the Green Party candidates, exclaiming, “Vote for us, or else THEY’LL get in!” Hopefully, Canadian voters will hear this, and say, “Really? Then I’M voting GREEN!”

Alina Abbott
Candidate nominee
Chatham-Kent-Essex


Confirms that they know they can’t win, but need to target ridings they can get more than 10% of the vote.


This may explain their non-compete with the Liberals.

Wrecking-ball Harper

September 27th, 2008 | 1 Comment | Posted in Canada Election

#313 Wrecking ball
Creative Commons License photo credit: mrhappy


The Canadian Press now rivals AP as far as yellow journalism.

So bad they didn’t include the writer’s name.


Here’s a heading of one of their articles:

Wrecking-ball Harper accuses Liberals of being anti-Alberta, pro-recession


Plus you have to love the first paragraph:

Prime Minister Stephen Harper accused the opposition Liberals of cheering for a recession and of attacking Alberta in one of his most incendiary broadsides yet of the election campaign.

You can read the whole thing here.


I wonder who they are cheering for…

FDR Lengthened The Great Depression

September 27th, 2008 | 1 Comment | Posted in Economy

Public Domain: Tehran Conference by Unidentified Photographer, 1943 (NARA)
Creative Commons License photo credit: pingnews.com


One of the new Liberal key talking points is that FDR oversaw the Great Depression – Obama and Biden have repeatedly stated this. The implication is that the left can steer us through this financial crisis.

The truth is that FDR actually extended the great depression by 7 years.


From UCLA:

Two UCLA economists say they have figured out why the Great Depression dragged on for almost 15 years, and they blame a suspect previously thought to be beyond reproach: President Franklin D. Roosevelt.

After scrutinizing Roosevelt’s record for four years, Harold L. Cole and Lee E. Ohanian conclude in a new study that New Deal policies signed into law 71 years ago thwarted economic recovery for seven long years.

“Why the Great Depression lasted so long has always been a great mystery, and because we never really knew the reason, we have always worried whether we would have another 10- to 15-year economic slump,” said Ohanian, vice chair of UCLA’s Department of Economics. “We found that a relapse isn’t likely unless lawmakers gum up a recovery with ill-conceived stimulus policies.”


Sounds awfully close to what is happening now.


When you hear praise of FDR’s New Deal, be wary.


Substitute Obama for Roosevelt…

From A New Deal
Roosevelt’s Obama’s task in the fall campaign was a relatively simple one: avoid doing anything to alarm the electorate while allowing Hoover’s Bush’s enormous unpopularity to drive voters to the Democrats. He traveled extensively giving speeches filled with sunny generalities; he was perpetually genial; and he continued to criticize Hoover’ Bush for failing to balance the budget and for expanding the bureaucracy. But he only occasionally gave indications of his own increasingly progressive agenda. On one such occasion, at the Commonwealth Club in San Francisco, he outlined in general terms a new set of government responsibilities: for an “enlightened administration” to help the economy revive, to distribute “wealth and products more equitably,” and to provide “everyone an avenue to possess himself of a portion of that plenty sufficient for his needs, through his own work.”


The rest is history.