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Chronicling The Filth That Is The Democratic Party–And Liberals, Too!

Archive for March, 2009

Happy Birthday Barney Frank

Tuesday, March 31st, 2009 by DFL

Incompetent Democrat Representative and Chairman of the House Financial Services Committee Barney Frank is celebrating a birthday today.  He turns 69.

TMZ is reporting that Bahney Fwank is celebrating his birthday with a private dinner with his butt lover.  I’m sure that his turning 69-years-old will have extra significance.  Don’t be surprised if Mr. Frank has trouble sitting down tomorrow…or if he smells like poop.

Obama Wants To Bankrupt The World

Tuesday, March 31st, 2009 by DFL

It’s bad enough that President Barack Hussein Obama wants to bankrupt the United States with multi-trillion dollar annual budget deficits, but he expects the rest of the world to do the same.

NY Times Article

For all of Mr. Obama’s early optimism that the rest of the world would follow his lead on big stimulus packages, there is no clear move in that direction. By last weekend the White House was signaling that it would not confront the nations, notably Germany, that resisted more deficit spending.

Maybe Obama will come to realize that the rest of the world isn’t as stupid as he and his millions of brain-dead supporters are.  But I doubt it.

Obama’s Sixth Tax Cheater: Kansas Governor Kathleen Sebelius

Tuesday, March 31st, 2009 by DFL

Idiot-in-chief Barack Obama has nominated another Democrat tax cheater for a high-ranking federal post.  Kansas Governor Kathleen Sebelius, nominated by Obama to be Health and Human Services Secretary after former Senate Majority Leader Tom Daschle withdrew his nomination, admitted to “errors” in paying her taxes to the tune of $7,040.  She is paying that–only after getting caught–plus $878 in interest.

So nice of these Democrats to not pay their taxes while demanding that all Americans pay more, isn’t it?  This is the sixth tax cheater Obama has nominated for cabinet and high-ranking government positions.  The list of Obama tax cheaters are:

  • Timothy Geithner – Treasury Secretary
  • Tom Daschle – Secretary of Health and Human Services nominee
  • Nancy Killefer – White House Chief Performance Officer nominee
  • Hilda Solis – Labor Secretary nominee and current Congresswoman from California
  • Ron Kirk – Chief trade representative
  • Kathleen Sebelius – Secretary of Health and Human Services

Democrat scumbags, liars, frauds, and hypocrites, one and all.

AP Article

Liberal RNC Protester Pleads Guilty To Vandalism

Tuesday, March 31st, 2009 by DFL

A bunch of liberals get together to protest something they are opposed to.  So what do they do?  They beat innocent passersby.  They assault elderly convention-goers.  They block traffic, tip over garbage cans, start fires, spray paint graffiti on buildings, smash glass, and plot other crimes such as throwing feces and urine on people.

What a logical way to convince others to accept your viewpoint…

A 26-year-old liberal loser by the name of Glenn D. Dyer pleaded guilty to vandalism for smashing the glass window of a Macy’s storefront during the first day of the Republican National Convention in St. Paul, Minnesota, back in September of 2008.  The liberal dirtball pleaded guilty to first degree criminal damage to property.

To show you just what kind of genius this liberal is, the article states that he was arrested while seeking treatment for a wrist injury following the vandalism.  It seems the fool cut his wrist on the glass when he smashed the window.

Another liberal genius.

Star Tribune Article

Liberal Eco-Terrorist Sentenced To Three Years In Prison

Tuesday, March 31st, 2009 by DFL

Liberal nutjob eco-terrorist Ian Wallace was sentenced to three years in prison for crimes he committed while a member of Earth Liberation Front (ELF) in the early 2000s.  Wallace and others planted incendiary devices outside of university research buildings in Michigan.  He also vandalized vehicles parked outside of a forest research station at the University of Minnesota.  He admitted guilt related to a building arson at the university that caused over $600,000 in damage.

One can only imagine the sense of power that Wallace must of felt as he committed his crimes.  The acquisition of power over one’s fellow man is what liberalism is fundamentally about.  Liberalism is a mental disorder.

Mlive Article

Market Tanks On Obama Auto Industry Plans

Tuesday, March 31st, 2009 by DFL

Every time President Barack Hussein Obama opens his mouth, the stock market tanks. It dropped again on Monday, March 31, 2009, as his plans for the ailing American auto industry were made public, including the forced resignation of General Motors CEO Rick Wagoner.

The Dow Jones Industrial Average dropped 254.16 points, or 3.27%, to end at 7522.02. The S&P 500 fell 28.41 points, or 3.48%, to finish at 787.53.

How much more proof does one need to see that Obama is bad for the stock market and the economy? Literally, every time he opens his mouth, the market tanks.

Last week, the market was up because of Obama’s transfer-of-wealth plan for Wall Street. Obama wants to lend upwards of $1 trillion to investors at enticingly low interest rates so they can buy up banks’ “toxic assets” to clear them off of balance sheets with the government bearing most, if not all, of the risk of loss. The market reacted favorably, which you would expect given the potential transfer of wealth involved, moving up over 6.5% the first trading day following the announcement of the plan.

If you take money from group X and give it to group Y, the value of group Y is going to increase. That is what a transfer of wealth does. It increases the value of one group at the expense of another group. No real wealth is created in such situations. That is why the market rose on March 23, 2009. It is nothing more than a transfer of wealth to Wall Street.

One investment company CEO summed up the rally correctly.

NY Times Article

“This is the free-money rally,” said Barry Ritholtz, chief executive of Fusion IQ, an investment and research firm. “Traders like the fact that there’s a boatload of cash headed their way.”

A boatload of cash is right. This reeks of a payback to Wall Street. Obama was the largest recipient of campaign contributions from Wall Street employees during the 2008 Presidential campaign. He has a long history of using his influence to get taxpayer money for his financial backers. He is doing it again. Obama is still as crooked as he ever was. He just has a larger pool of money to dole out as paybacks now that he’s the President of the United States.  And all of it is borrowed from future generations.

Chris Dodd Top Recipient Of AIG Campaign Contribtuions

Thursday, March 19th, 2009 by DFL

Democrat Senator Christopher Dodd was caught in a lie.  He originally denied having anything to do with inserting language into the Obama stimulus bill exempting restrictions on bonuses of bailed-out companies prior to February 11, 2009.  Yesterday, Dodd admitted that he did insert that language into the bill at the urging of the Obama administration.

Dodd was quoted by ABC News as saying:

I did not want to make any changes to my original Senate passed amendment. But I did so at the request of administration officials who gave us no indication that this was in any way related to AIG.

Interestingly, Dodd is the single largest recipient of political contributions from AIG employees and their family members.  There also happens to be an AIG office in Connecticut, the state that Dodd represents, which houses the AIG Financial Products headquarters and has several people working in it who are recipients of the $163 million in bonus money.

You may remember Obama railing against executive bonuses in the past.  Do you really think that members of his administration would pressure Congress into inserting bonus exemption language into the stimulus bill without his knowledge or consent?  Absolutely not.  Obama had to have known about this before the news broke, which means that the outrage he expressed earlier this week was fake.

This past Monday (March 16th, 2009), President Obama expressed his anger at the AIG bonuses, saying the following:

I do want to comment on the news about executive bonuses at AIG. I think some of you have heard a little bit about this over the last few days. This is a corporation that finds itself in financial distress due to recklessness and greed. Under these circumstances, it’s hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay. I mean, how do they justify this outrage to the taxpayers who are keeping the company afloat?

In the last six months, AIG has received substantial sums from the U.S. Treasury. And I’ve asked Secretary Geithner to use that leverage and pursue every single legal avenue to block these bonuses and make the American taxpayers whole. I want everybody to be clear that Secretary Geithner has been on the case. He’s working to resolve this matter with the new CEO, Edward Liddy — who, by the way, everybody needs to understand came on board after the contracts that led to these bonuses were agreed to last year.

AIG can justify the outrage, idiot President, because it was you and your administration who pressured Chris Dodd to put language in your stimulus bill to exempt these bonuses from any restrictions.  Obama later added in his speech:

Excuse me, I’m choked up with anger here.

That Obama is a shameless liar.  He expresses outrage over something that he and his administration are responsible for.  Not only are they responsible for it, but they lobbied Congress to make it happen.  Congress was trying to prevent these types of bonuses from happening until the Obama administration stepped in.

Barack Obama is responsible for the bonuses at AIG.  He lied through his teeth when he acted shocked, surprised, and angry because he was the one behind it.

Barack Obama, President of the United States, is a liar.

Fannie Mae Executives Get Huge Government Approved Bonuses

Thursday, March 19th, 2009 by DFL

The Washington Post is reporting that executives of Fannie Mae, the government-sponsored enterprise that Democrats destroyed, are in line to receive big fat retention bonuses approved by the government.

Fannie Mae is still losing billions from the days when Democrats pressured them to facilitate mortgage loans to those with low incomes and poor credit. The bailouts of Fannie Mae and its sister company Freddie Mac are expected to cost the American taxpayers hundreds-of-billions of dollars.

The bonuses for the executive are:

  • Michael Williams – Chief Operating Officer:  $611,000
  • David Hisey – Chief Financial Officer:  $517,000
  • Thomas Lund – Executive Vice President:  $470,000
  • Kenneth Bacon – Executive Vice President:  $470,000

For more on the Democrats role in destroying Fannie Mae, please see the following:

Democrats To Blame For Housing And Financial Crises

Democrat Barney Frank Interview With 60 Minutes

Does Bill Clinton Still Have Outstanding Campaign Debt?

Thursday, March 19th, 2009 by DFL

It’s been widely reported that Hillary Clinton is a deadbeat.  She still has millions of dollars in unpaid bills from her failed presidential campaign.  As of the end of last year, she reported nearly $6 million in campaign debt.  This despite being a multi-millionaire who could easily pay her debts.

Upon searching the FEC website today looking for updated reports on Ms. Clinton, I found the FEC reporting that her husband Bill Clinton has $319,630 in outstanding debt from his presidential campaigns.

clinton-campaign-debt-small

I cannot vouch for the accuracy of the Federal Election Commission website.  But I don’t know why they would indicate that Bill Clinton has hundreds-of-thousands of dollars in outstanding campaign debt if he does not actually have it.  For all I know, this could be money he owes to others or possibly even to himself.

Given that his wife is a deadbeat, it wouldn’t surprise me to discover that Bill is a deadbeat, too.  Those Democrats love stealing money from others, but they don’t like paying for anything, especially their own taxes or their own bills.

Hypocrite Barack Obama Signs Lucrative Book Deal Before Inauguration

Thursday, March 19th, 2009 by DFL

Just days before being inaugurated as President of the United States, Barack Hussein Obama signed a book deal with Crown Publishing that gave him a $250,000 cash advance.

On Janurary 15th, Obama inked the deal with Crown for an abridged version of his crappy book “Dreams From My Father” aimed at children.  Since it is based on an Obama book, it must be targeted toward kids with severe learning disabilities.  Nobody else would want to read that garbage.  In addition to the huge cash advance, he will receive a percentage of sales.

If Democrat-leaning teachers force their kids to read this book, it could mean millions of dollars in royalties for Obama.  What could Obama give teachers to gain their endearment so they will make their students read his book?  Obama has a long history of using his position of power for financial gain.  I suspect he will do the same here.

Barack Obama is a massive hypocrite.  He drones on and on in his speeches about “economic inequality”, “income inequality”, and the horrors of class disparities.  So what does he do days before taking office?  He grabs as much cash as he can.  Obama represents that very economic inequality that he says is so dangerous to our society.  Every move he makes is designed to line his pockets.  His supporters are too dumb to realize it.

CBS News Article

It was also reported that Obama made $2.5 million in book royalties last year.  Before he ran for President, his books did not sell very many copies.  After he announced, his book sales took off.

Obama has gotten very rich off of his run for the Presidency.  Millions of Americans have lost their jobs since Obama was elected.  Trillions of dollars in stock market wealth has evaporated.  But Obama is making millions.

Liberal RNC Terrorst Cries In Court, Pleads Guilty

Wednesday, March 18th, 2009 by DFL

Liberal terrorist David Guy McKay, who didn’t have anything better to do with his life than to travel from his hometown of Austin, Texas, to the Republican National Convention in St. Paul, Minnesota, last September to protest and cause mayhem, has pleaded guilty.

Guy and another liberal terrorist built Molotov cocktails and planned to use them against police and other targets.  In a plea hearing a couple of days ago, McKay proved to the world what a brave, strong man he is by breaking down into tears in court.

From the Pioneer Press:

The hour-and-40-minute hearing appeared to leave attorneys and the judge exasperated and the defendant frustrated and in tears.

What a big man he is.  Why, he’s going to take on the Republicans by protesting!  He’s going to show the world just how evil Republicans are by throwing firebombs at police!  Then he’s going to cry in court like a little girl.  His parents must be so proud of the Democrat he’s become…

Guy faces between three and four years in prison.  I would say to him not to drop the soap in the shower, but he’s probably into that kind of thing.

Chris Dodd Caught In A Lie About Bonus Language

Wednesday, March 18th, 2009 by DFL

As the fake Democrat anger over the $163 million in bonuses at AIG continues, it is becoming more evident that Democrats were the ones who enabled it to occur.

AIG claims that the government approved the bonuses.  The Obama administration originally pleaded ignorance.  The New York Times, however, said that the administration had known about the bonuses for months.  The Obama administration now admits that the President knew about the bonuses for several days before the news broke.  It’s interesting how Obama didn’t get upset about the bonuses until after the public got enraged, isn’t it?

There are lies and half-truths coming from all over the place.  Obviously, some people are not being completely truthful.  It looks like Democrat Senator Christopher Dodd (CT) has been caught red-handed in a lie.

Dodd, chairman of the Senate Banking Committee, seems to have changed his story about the bonus language in the Democrat stimulus legislation he helped write.  Yesterday, he denied having anything to do with adding the legal language to allow the bonuses.  Today, he admits that he did.

CNN Christopher Dodd Article

Senate Banking committee Chairman Christopher Dodd told CNN Wednesday that he was responsible for language added to the federal stimulus bill to make sure that already-existing contracts for bonuses at companies receiving federal bailout money were honored.

On Tuesday, Dodd denied to CNN that he had anything to do with adding the language, which has been used by officials at bailed-out insurance giant AIG to justify paying millions of dollars in bonuses to executives after receiving federal money.

We now have concrete proof that Democrat Chris Dodd is a filthy, lying pig.  This isn’t surprising.  After all, he is a Democrat and DFLers have a seemingly genetic propensity to lie.

Not only did Dodd admit his role in the AIG bonuses, but he and an unnamed source say that the Obama administration pressured them into adding language into the Democrat stimulus bill to allow fulfillment of pre-existing bonus contracts for bailout recipients.

All the Democrat outrage about the AIG bonuses is fake.  It turns out that the Obama administration and Democrats in Congress allowed the bonuses to occur.  The Obama administration lobbied for the bonus language in the stimulus bill.  The Democrats put it in and passed it.

These Democrats are nothing but liars and frauds.

General Motors Threatens Liquidation: Democrats To Blame

Tuesday, March 17th, 2009 by DFL

General Motors has announced that liquidation of the company is the most probable outcome should the company be forced into bankruptcy court.  That means that GM would cease to exist.  All employees of the company would be out of work.  Employees at suppliers and GM dealerships would lose their jobs, too.  We are talking about the loss of hundreds of thousands of jobs.

As always, Democrats are to blame.

The Auto Workers Union has refused to take concessions that would enable GM to cut their expenses and regain profitability.  Democrats in Congress could come to the rescue, but they don’t want to anger the unions, who are big supporters of the DFL with votes and money.

A law could probably be passed invalidating existing union contracts.  That way, GM could either renegotiate with the unions to cut their expenses or get rid of their unionized workforce altogether and hire lower-cost replacements.

But Democrats remain as uncooperative as ever.  They will allow the unions to destroy the entire American auto industry instead of passing a law to enable the companies to survive.  The DFL would lose hundreds-of-million of dollars in support from the unions if they did anything to invalidate the contracts.  They need the union money and, perhaps more importantly, they need the votes.  That is why Democrats in Congress are sitting on their hands.

AP Article

Detroit Free Press Article

Democrats’ Fake Outrage Over AIG Bonuses

Tuesday, March 17th, 2009 by DFL

For all the outrage expressed by President Barack Obama and the Democrats regarding AIG’s payment of $163 million in bonuses, it turns out that the Obama administration knew about it for a long time.  Not only that, but these bonuses were approved by the government.

NY Times Article

President Obama and his top economic advisers scrambled to calm a nationwide furor on Monday over bonuses paid at the American International Group, even as administration officials acknowledged they had known about the issue for months.

AIG executives say they got approval from the government to award the bonuses.  Nobody in the Obama administration should act surprised.

But that won’t stop DFLers from engaging in phony political posturing.  Now Democrats are faking outrage over the bonuses and spewing venomous rhetoric.  They are promising to take away the money from the recipients via a special law targeting them with excessive taxation.

Democrat Charles “Chuck” Schumer said the following today about the bonuses:

They should voluntarily return them. If they don’t, we plan to tax virtually all of it.

Washington Post Article

Senate Majority Leader Harry M. Reid (D-NV) said Finance Committee Chairman Max Baucus (D-MT) said they would unveil a proposal by tomorrow that would tax up to 98 percent of the bonus money.

How nice.  You are doing your job and expect compensation as contractually agreed beforehand and the Democrats come along and promise to steal everything you earned even though they knew about the bonuses months ago.

This is yet another example of the phoniness of the Obama administration and of Democrats in general.  They knew about the bonuses all along and now they pretend to be upset about it after news stories got the public all enraged.

Obama Pushing Companies Overseas

Tuesday, March 17th, 2009 by DFL

Sensible people knew that Barack Obama would be bad for the economy.  We knew that he would end up pushing companies overseas with his anti-business “populist” rhetoric, his interference in the free market, and his oppressive taxation policies and regulations.  Now we have proof.

This Reuters article discusses how companies are moving to Switzerland to get away from Obama.

Reuters Article

…A wave of energy companies has in the last few months announced plans to move to Switzerland — mainly for its appeal as a low-tax corporate domicile that looks relatively likely to stay out of reach of Barack Obama’s tax-seeking administration.

Over the past six months companies including offshore drilling contractors Noble Corp and Transocean, energy-focused engineering group Foster Wheeler and oilfield services company Weatherfield International have all announced plans to shift domicile to Switzerland.

President Barack Obama is destroying the economy.  Just watch.  You will see more U.S. corporations relocating their headquarters overseas to get away from Obama and the Democrats.  This was predicted, and now it is happening.

Obama’s Fifth Tax Cheater

Monday, March 16th, 2009 by DFL

Democrat Ron Kirk, former mayor of Dallas, Texas, was picked by Obama to be chief trade representative.  It turns out that he didn’t properly pay his taxes to the tune of around $10,000.

Democrats love raising taxes and writing complex tax laws, but they don’t like paying their own!

Let’s look at the tax cheaters Obama has picked for important government posts.

  • Timothy Geithner – Treasury Secretary
  • Tom Daschle – Secretary of Health and Human Services nominee
  • Nancy Killefer – White House Chief Performance Officer nominee
  • Hilda Solis – Labor Secretary nominee and current Congresswoman from California
  • Ron Kirk – Chief trade representative

And this is Obama’s idea of “change”.

Yahoo Article

Liberal RNC Terrorists Going To Prison

Monday, March 16th, 2009 by DFL

Liberal Matthew Bradley DePalma has been sentenced to 42 months in prison for plotting to use Molotov cocktails against the police and other targets during the 2008 Republican National Convention in September of 2008 in St. Paul, Minnesota.

From the article:

Before a federal judge sentenced him, Matthew Bradley DePalma said that while his heart was in the right place – he felt it important to protest eight years of a Republican presidency – his head didn’t think through his actions.

“My actions … really make me no better than the people I was opposing,” the 23-year-old told U.S. District Judge John Tunheim in Minneapolis. He likened his behavior to “an angry child hitting his brother.”

“How dare I step up and try to replace something I saw as wrong with something equally unenlightened?” DePalma said.

Nice logic, isn’t it?  “I oppose Republican policies of low taxes, jobs, economic growth, and bringing freedom to millions of oppressed Iraqis; therefore, I am going to douse innocent people with flaming gasoline.”

Another liberal terrorist, Texan Bradley Neal Crowder, has pleaded guilty for the same thing and is awaiting sentencing.  Another Texas resident, David Guy McKay, charged with the same crime, is awaiting a second trial after his first ended in a mistrial. His lawyer must have stocked the jury with complete idiots. The attorney successfully convinced a few jurors that McKay was “entrapped” into building fire bombs by a government informant working for the FBI.

Is it possible to entrap someone into committing an act of terrorism?

Liberalism is indeed a mental disorder. What kind of loser can just pick up and travel hundreds of miles from his home to protest something they don’t like? Don’t these liberals have jobs and responsibilities? Probably not. That’s why they are liberals in the first place.

Liberal Terrorist To Be Released From Prison

Monday, March 16th, 2009 by DFL

Former 1970s liberal terrorist Kathleen Soliah, a.k.a. Sara Jane Olson, is being released from prison on parole soon after serving a seven-year sentence in California.  Back in the 1970s, she was a member of radical liberal terrorist group the Symbionese Liberation Army (SLA).

The SLA committed bank robberies, murders, and attempted bombings in the name of drawing attention to America’s “oppressive” and “racist” prison system.  They viewed prisons as being political concentration camps designed to oppress African-Americans.  Nice logic, huh?  So typical of liberals.  They are a messed-up bunch.

Soliah was convicted of taking part in a plot to kill Los Angeles police officers by placing bombs under their squad cars and being an accomplice in a bank robbery during which a customer was shot and killed.  Such a nice woman…

Liberal terrorist sells out

Soliah assumed an alias and lived in St. Paul, Minnesota, for decades before finally being caught in 1999.  She lived her life as a housewife, actress, mother, and supporter of “progressive causes”.  She married a doctor and lived in an ivy-covered house in an upscale, mostly white section of the city.

Not only is she a killer, a thief, and a terrorist, but she’s a hypocrite who sold out, too.  She married an upper-income doctor and lived in an upper-middle class neighborhood.

There is no shortage of liberal hypocrites who sold out.  Pretending to be something you’re not is what liberalism is all about.

Article

Barney Frank Working To Create Another Mortgage Crisis

Monday, March 16th, 2009 by DFL

Just when you think Democrat Representative from Massachusetts Barney Frank can’t get any dumber, he opens his mouth to prove otherwise.

A couple of weeks ago, speaking about the future of failed government-backed mortgage giants Fannie Mae and Freddie Mac, Rep. Frank was quoted by the New York Times as saying:

There is a commitment to restructure these companies, and we are going to want to retain a hand in the things that matter, like affordable housing and making sure that the housing economy doesn’t become a threat to the entire economy again.

Frank still can’t figure out that it was his policies and the policies of other Democrats to make loans to low income people and those with poor credit which resulted in the massive failures of Fannie and Freddie in the first place.  It was Frank and his DFL allies who blocked Republican efforts to regulate the two to prevent a catastrophic failure from occurring.  And now Frank wants to do the same thing all over again.

It seems that Democrats aren’t smart enough to not make the same mistakes repeatedly.  Lab rats learn from their mistakes.  But not Democrats.

For more on the Democrats’ role in the failures of Fannie Mae and Freddie Mac, please see:

Democrats To Blame For Housing And Financial Crises

Democrat Barney Frank Interview With 60 Minutes

What the hell is wrong with those New Englanders?  Why do they keep electing morons like Barney Frank to positions of power?  Must be something in the water.

Market Drops On Obama Comments Yet Again

Monday, March 16th, 2009 by DFL

The stock market was set to rise an impressive amount today, that is, until idiot-in-chief Barack Obama opened his ugly mouth causing a huge sell-off–yet again.

Prior to Obama’s comments, the Dow Jones Industrial Average (DJIA) was up a healthy 2.2%.  Shortly after Obama’s public comments expressing “outrage” over bonuses at AIG, the gargantuan insurance company that received $170 billion in a taxpayer-funded bailout, and giving details on his small business lending program, the market started trending downward, erasing all of the day’s gains.

03162009-dow-jones-industrial-average

You can literally trace the decline of the market to the time of Obama’s comments!  The man is a fool!

The market was up early due to statements made by Federal Reserve Chairman Ben Bernanke that the economy would likely recover by the end of this year or early next year on last night’s edition of 60 Minutes on CBS.

Then, Obama opened his foolish mouth.  Every time Obama opens his mouth, the stock market tanks.  You can literally track the decline of the market to the minutes following Obama’s comments or policy announcements with each policy his administration announces.

Last week, the market rallied after whispers of better-than-expect performance at Citigroup and other banks.  Obama had nothing to do with last week’s market rally, but he had everything to do with today’s decline and the tanking of the market since he was elected in November.

The Dow finished today at 7216.97, down 7.01 points, or 0.10%.  Prior to Obama’s comments, the Dow was up nearly 160 points.

All the other indices did more poorly.  The S&P 500 finished down 2.66 points, or 0.35%, ending at 753.89.  The technology-laden NASDAQ ended down 27.48 points, or 1.92%, to close at 1404.02.  The Russell 2000 was down 1.71%, shedding 6.73 points to finish at 386.36.  The Wilshire 5000 dropped 42.95 points, or 0.56%, to end at 7573.97.

All the aforementioned market indices were up with strong gains until Obama opened his mouth.  If this isn’t proof that the stock market does not like Obama, nothing is.

Obama Is Destroying The Economy And Pushing Jobs Overseas

Saturday, March 7th, 2009 by DFL

Anyone who thought that Barack Obama and his massive tax increases on investment, incomes, and energy would be good for the economy is a fool.

The fact of the matter is that job losses have accelerated since the election of Obama and many economists don’t think those jobs will ever come back.

NY Times Article

Since the recession began, the economy has eliminated a net total of roughly 4.4 million jobs, with more than half of those positions — some 2.6 million — disappearing in the last four months alone. (Since Obama was elected.) This rapid deterioration has prompted talk that some industries are being partly dismantled.

“These jobs aren’t coming back,” said John E. Silvia, chief economist at Wachovia in Charlotte, N.C. “A lot of production either isn’t going to happen at all, or it’s going to happen somewhere other than the United States.

Gosh, who in the world could possibly have imagined that businesses would take their jobs and flee the country in the face of higher taxes, carbon caps, threats of punitive “windfall taxes”, nationalization, and multi-trillion dollar federal budget deficits?  Uh, how about anyone with a brain could have predicted this.

The stock market is the barometer of the economy.  Every time Obama opens his mouth to announce a new policy, the stock market tanks by 3% to 5%.  There’s a reason for that, you know.

Look at the American auto industry.  Why are they going bankrupt?  Because of Democrats and their symbiotic relationship with unions who bankroll them and support them with votes who extorted money out of the auto companies for decades.  Unions will destroy themselves in the process of destroying their employers instead of taking pay and benefit cuts.

Also from the NY Times article:

“There was a huge increase in uncertainty and a huge hit to confidence which caused a large rethinking among businesses,” said Ethan Harris, co-head of United States economics research at Barclays Capital.

And who is causing that uncertainty and lack of confidence?  Barack Obama, that’s who.

What is going to be most interesting is to see how many jobs are being shipped overseas since the election of Barack Obama.  I’ll bet it’s a lot.

Review Of The First Late Night With Jimmy Fallon Show

Tuesday, March 3rd, 2009 by DFL

Abysmal.  Horrendous.  Atrocious.  Gut wrenching.  Terrible.  All of these words aptly describe the first show of “Late Night With Jimmy Fallon” that aired last night (March 2, 2008) on NBC.  I couldn’t believe how bad it was.

For some odd reason, Fallon was picked to replace the witty and talented Conan O’Brien as host of “Late Night” after O’Brien was tapped to take over the Jay Leno Show.  Both are Saturday Night Live alums; O’Brien a writer, Fallon an actor.  But that is where the commonalities end.

Fallon’s first show was about as bad and unentertaining as a show could possibly get.  The highlight of the show was right at the beginning with a skit featuring O’Brien cleaning out his dressing room while Fallon talked to him.  In the sketch, Fallon asked Conan if he would like to watch the show.  Conan had no interest.  This set the tone for the rest of the show.

The monologue

Fallon’s monologue was terrible.  I don’t know who was writing his jokes, but none of them were funny.  Most were political jokes.  At the beginning of the monologue, Fallon joked that Rush Limbaugh called him up and told him that he wished that he would fail.  Not funny.  Not only wasn’t it funny, but I will bet the vast majority of the viewers had no idea what the joke was a reference to.  Many of them might not even know who Rush Limbaugh is.  Later in the monologue, Fallon made a lame and predictable joke about President Barack Obama’s budget and its “$1.7 trillion” deficit.  “Brought to you by China,” Fallon said.  There is nothing funny about an incompetent fool bankrupting the country.  Nor was there anything funny about Fallon’s crappy political jokes with their predictable punch lines.

During his monologue, Fallon appeared nervous.  This was odd to me because Fallon has a lot of experience performing before a live audience from his days on SNL. Fallon spent five or six seasons on SNL.  He is a veteran performer.  There should be no reason for him to be nervous.  I thought he might have been pretending to be nervous, that is, until I saw what followed.

Fallon did a song about Obama’s stimulus plan and the Republican opposition to it, mentioning the opposition of Republican governors in particular.  He offered some sort of advice to Nancy Pelosi in the ditty.  The song was horrible.  It was absolutely terrible.  Not funny, not witty, just plain bad.  I think he called it “Slow Jam The News” or something.  Whatever they call it, they should take it out back and shoot it as quickly as possible.  It was terrible.  I don’t know who wrote that song, but they should be fired immediately.  Hopefully, this segment will not continue for long.

I don’t find much humor in politics.  I don’t want to be inundated with it when I am watching TV.  I don’t watch much TV, but when I do, I am looking for an escape or a little levity to brighten my day.  I don’t need to hear crap about stimulus plans, budget deficits, or anything else.  Jokes about a senator soliciting gay sex in a men’s restroom are funny; jokes about budget deficits are not.

Sketch

After the monologue concluded, they did a sort of a fake commercial sketch.  It was about the demographic they were targeting, the “Blond Mothers” demo.  It was terrible.  Who decided to put this on the air?

Stupid game

Somebody with absolutely no talent whatsoever came up with a game for Fallon to play with some audience members.  It was called “Lick It For Ten”.  The terrible band even played a theme song for the game.  Three supposed audience members, possibly paid actors, were called out from the audience to come onto the stage to play the game.  In the game, the contestants were offered a whopping $10 to lick something with their tongues.  Not only was the game stupid, but it was nothing more than a product placement for the items to be licked complete with their retail prices.

The first guy licked a lawn mower.  After licking the mower, they did a “super sexy” slow motion replay of the guy licking the mower.  Wow, how lame can you get?  Is a slow motion replay of a guy licking a lawn mower supposed to be funny?  The second contestant licked a combination printer-scanner.  The third contestant licked a gold fish bowl.

Does that sound entertaining to you?  I cannot believe that somebody was paid money to think up something so stupid, or that somebody actually approved it for air.

The band

The band performing the live music for the show is called “The Roots” and they are just as bad as everything else.  They are a black group and perform music that would best be described as funky, almost 1970s style music with lots of wah-wah pedal in it.  They do not fit the show.

Conan had “Max Weinberg and the Max Weinberg Seven” doing the music and they were great.  Not only did they keep the show lively, usually performing covers of upbeat classic rock songs that were easily identifiable and well-known, they were also part of the show, often appearing in sketches or acting as comedic foils.  I don’t see this happening with “The Roots”.

First guest Robert De Niro

Legendary actor Robert De Niro was the first guest of the evening.  He was on to plug the TriBeCa Film Festival in New York, as if anyone watching the show cared.  During his interview, he seemed disinterested and like he didn’t want to be there.  I can’t say that I blamed him.  Fallon’s interviewing skills have not developed yet.  Not that they ever will.  The interview was bad, De Niro’s demeanor was bad, and for some strange reason, his chair seemed to be slightly in front of Fallon’s so he had to look back at the host.

Fallon did a “questions with one word answers” line of questioning with De Niro.  He didn’t seem to participate much.

As the interview was winding down, Fallon and De Niro did lame impressions of each other.  It was absolutely horrible.

At the end of the interview, they showed an incredibly bad skit that De Niro did with Fallon.  It was called “Space Train”.  Both men were in a train car that was heading out to space on a rail.  Yes, it was that bad.

That was the end of De Niro’s interview.  Unlike the Conan show where the first guest would leave before the second one came on, De Niro stuck around for the rest of the show.  Poor guy.

Justin Timberlake

Manufactured pop star Justin Timberlake was the second guest of the evening.  Fallon seemed to have loosened up after the De Niro interview.  Fallon wasn’t able to maintain a line of questioning with Timberlake.  The interview jumped all over the place and mainly concentrated on reminiscing with Timberlake about the time he appeared on Saturday Night Live.  They discussed a sketch they did together where they pretended to be the Bee Gees.  They both even did a little horrible falsetto singing.  Terrible.

The highlight of the interview was at the very end when Timberlake did an impression of former Doobie Brothers lead singer Michael McDonald while singing a product placement for Budweiser beer.  Timberlake mimicked McDonald’s voice spot-on.  That was good.

Musical guest Van Morrison

Legendary performer Van Morrison was the musical guest for the evening.  I think he was plugging a greatest hits album.  After the performance, Fallon mentioned a bunch of retail stores where people could buy the album, probably another paid product placement for the stores.  Van Morrison performed some song that I had never heard before.  It didn’t sound very good.  I think the sound engineer didn’t have the instrument levels set properly.  The sound was bad even for the house band.

The best part of the show

The best part of the show was the end.  Sweet mercy at last!  If I wasn’t planning to do a little review of the show, I would never have watched it for the duration.  I would have switched channels within seconds of Fallon’s opening monologue.  That’s how bad both he and the show were.

Fallon’s first outing as host of his own talk show was not good. If he and the producers of “Late Night With Jimmy Fallon” were trying to put on a bad show, they succeeded.  It almost seemed as if the show was intentionally trying to be bad.

If this show is going to succeed, they are going to need to find better writers, a better band, and, well, let’s give Jimmy Fallon the benefit of the doubt for the time being.  Even Conan O’Brien took almost a year to hit his stride.

On the bright side, when you suck beyond compare you can only get better.  It isn’t possible for Fallon or his show to get any worse.

I miss Conan already.

Barack Obama Pushes The Market Ever Lower

Monday, March 2nd, 2009 by DFL

The idiot-in-chief Barack Obama promised to turn the economy around with his empty platitudes and hollow rhetoric.  His speeches written by professional speechwriters and read off of teleprompters convinced millions of mindless fools that he had the qualifications necessary to turn the economy around despite no education in Business, Economics, Finance, nor any experience in those areas, either.

So, how has the market responded to Barack Obama?  Very poorly.

Today, the market suffered another major setback because of Obama.  The Dow Jones Industrial Average lost 299.64 points, or 4.24%, to close at 6763.29.  The S&P 500 lost 34.27 points, or 4.66%, to close at 700.72.

Here’s an interesting quote from a market professional about Obama’s plans. Mark Travis, president and CEO at Intrepid Capital Funds, said in a CNN.com article:

The administration is hemming and hawing and still not being clear about exactly what they are going to do and how it’s going to work.

That is because Barack Obama doesn’t have a clue about how to turn the economy around and, in fact, his plans are economically disastrous.  One only needs to look at the market reaction to his plans to see positive proof of that.  The market doesn’t tank on good news.  But the market tanks every time Obama opens his mouth and announces one of his plans–every single time!

We are now at levels not seen since 1997 thanks to President Obama and his Democrat cronies.  When Obama was elected, the market tanked for two straight days.  When he was inaugurated, the market dropped.  When his stimulus plan passed Congress, the market sank.  When he announced his foreclosure rescue plan, the market tanked.  When he announced his budget proposal for 2010, the market tanked.

Do you see a pattern here?

See our previous posts in the Barack Obama category for examples of how the market tanks every time the idiot opens his mouth.

Dow Jones Industrial Average (DJIA)

  • 11/04/2008 (Election Day):  9625.28
  • 03/02/2009 (Today):  6763.29
  • Obama effect:  -2861.99 points, -29.73%

S&P 500

  • 11/04/2008 (Election Day):  1005.75
  • 03/02/2009 (Today):  700.82
  • Obama effect:  -304.93 points, -30.32%

Wilshire 5000

  • 11/04/2008 (Election Day):  10105.20
  • 03/02/2009 (Today):  7056.16
  • Obama effect:  -3049.04 points, -30.17%

Russell 2000

  • 11/04/2008 (Election Day):  545.97
  • 03/02/2009 (Today):  367.80
  • Obama effect:  -178.17 points, -32.63%

NASDAQ

  • 11/04/2008 (Election Day):  1780.12
  • 03/02/2009 (Today):  1322.85
  • Obama effect:  -457.27 points, -25.69%

Why is the stock market going down?  Why doesn’t the stock market like Barack Obama?  It is because his plans are bad for the economy.  His carbon taxes will raise costs for businesses meaning smaller profits and thus lower stock values since stock values are based on profits.  Carbon taxes will also raise the cost of energy for consumers, leaving them with less money in their pockets to spend to create jobs.  Millions of jobs will be shipped overseas where businesses aren’t burdened by the Democrats’ taxes and regulations.

Obama’s taxes on incomes and investment will kill jobs, too.  People don’t invest in risky projects to have all of their money taxed away. Mathematically, investment values must drop when anything reduces the rate of return, including higher taxes.  So it is no surprise that the market is dropping because of Obama.  In fact, it is a mathematical necessity.

Everything that Barack Obama is doing is designed to destroy the economy and kill jobs.  As the stock market gets lower and lower, Democrats point to it as evidence that the free market doesn’t work.  Then, they argue that their brand of socialism is necessary and the only thing that can save the economy that they are destroying.

Do you see a pattern here, too?