The Democrat culture of corruption continues.  Wealthy Democrat donor Raj Rajaratnam, founder of hedge fund Galleon Group, was charged with insider trading.  Rajaratnam is a supporter of Barack Obama.  He donated $4,600 to Obama and $30,800 to Obama Victory Fund in 2008.

View Rajaratnam’s political contributions from Democrats here:

Democrat Raj Rajaratnam’s Political Contributions

The page is a copy of the results of a search of Rajaratnam’s donations at fec.gov.

WSJ Article

I found some media bias exhibited by ABC News.  The news network (if you can call it that) reported that Rajaratnam donated to Hillary Clinton, but they did not report that he also donated to Obama until the final paragraph of the article on page two.

ABC News Article

The New York hedge fund billionaire indicted today in an alleged $20 million insider trading scheme, Raj Rajaratnam, was a major contributor to the campaigns of Hillary Clinton and also the single largest known U.S. contributor to a charity linked to the Tamil Tiger terror group in Sri Lanka, according to records obtained by ABCNews.com.

From page two:

Rajaratnam and his wife were also major contributors to a number of Democratic campaigns, giving a total of $118,000 to, among others, the Senate campaigns of Hillary Clinton and Chuck Schumer and the presidential campaigns of Mrs. Clinton and Barack Obama.

Why did ABC News mention the donations to Hillary Clinton in the first paragraph, but wait until the second page to mention the donations to Barack Obama when Obama received much more money than Hillary did from Rajaratnam?

Hillary Clinton received a total of $6,500 in donations from Rajaratnam.  Barack Obama received a total of $35,400.

It seems to me that Obama should have been mentioned first.  Not only since he received five times the money that Hillary did, but because he is President.

Democrat voters in Detroit–almost all African-Americans–went wild while waiting in line for free welfare cash in Detroit the other day. A reported 35,000 people showed up for free money for rent and utility payment assistance.

Fights broke out.  Shoving occurred.  People were nearly trampled. 

Detroit Free Press Article

The economic tsunami washing over metro Detroit swept its casualties to the doors of Cobo Center on Wednesday in the form of 35,000 people so desperate for help with mortgage and utility bills that threats were made, fights broke out and people were nearly trampled.

City officials said a total of about 65,000 people over the past few days have gotten applications — due next Wednesday — for a share of $15.2 million in federal stimulus money to help people avoid foreclosure or quickly rebound from homelessness.

Have you ever heard of Republicans behaving like this?  Nope.  Republicans are hard-working, self-sufficient, civilized, and expend effort to better their lives and their communities.

If these lazy Democrat welfare slobs spent as much time trying to earn a living as they do begging for handouts, they might accomplish something in life.

Youtube Video 1
Youtube Video 2

After serving only 8-1/2 months in office and with no accomplishments of any kind, President Barack Obama has been awarded the Nobel Peace Prize.

If anyone had any doubts that the Nobel Prize Committee is a joke, this should remove them.

Obama was awarded the Peace Price for 2009 “for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples.”

And what efforts would those be?

In a press release, the Nobel Committee said:

The Committee has attached special importance to Obama’s vision of and work for a world without nuclear weapons.

This “vision” is not a vision, it is insanity.  There will never be a world without nuclear weapons.  Anyone with a brain knows this, which apparently excludes the members of the Committee who awarded the prize.

The Committee adds further:

Obama has as President created a new climate in international politics. Multilateral diplomacy has regained a central position, with emphasis on the role that the United Nations and other international institutions can play.

I recall President George W. Bush going before the United Nations many times to ask for cooperation in dealing with rogue states and states attempting to acquire nuclear weapons.  Bush insisted on working with other nations in dealing with North Korea and Iran.  Bush also requested international input into the affairs of Afghanistan and Iraq.

So what has Obama done that Bush didn’t do?  Nothing.  The difference, however, is that Obama is a liberal fraud who spews meaningless rhetoric that mindless liberals such as those on the Prize Committee like to hear, even if that rhetoric isn’t based in reality.

The press release adds:

Dialogue and negotiations are preferred as instruments for resolving even the most difficult international conflicts.

No kidding?  Bush tried to negotiate with Iraq before deposing Saddam Hussein, even going so far as to offer Saddam exile for him to peacefully step down.  Bush also negotiated with North Korea.

The press release further states:

The vision of a world free from nuclear arms has powerfully stimulated disarmament and arms control negotiations.

No, it has done no such thing.  No nuclear-armed nation in its right mind would surrender the only tool that can almost surely guarantee that it will never be conquered.

The Committe states:

Only very rarely has a person to the same extent as Obama captured the world’s attention and given its people hope for a better future.

Hope?  Obama’s meaningless speeches filled with drivel written by other people that he reads off of teleprompters is enough to award a Nobel Peace Prize these days?  Ridiculous!

Perhaps the Committee isn’t aware that terrorist-related violence in Iraq and Afghanistan has soared since Obama took over the reins.

People all over the world are scratching their heads over Obama’s award.

Sidney Morning Herald

But the surprise announcement by the Norwegian Nobel Peace Prize Committee in Oslo was interpreted more as a bid to encourage the US president’s bold diplomatic overtures to Washington’s enemies, rather than a recognition of the achievement of peace by a leader in office for only nine months.

“We do not yet have peace in the Middle East… this time it was very clear that they wanted to encourage Obama to move on these issues…” said the 2008 winner, former Finnish president Martti Ahtisaari.

The 1983 Laureate, Poland’s Lech Walesa, was more blunt.

“Who, Obama? So fast? Too fast – he hasn’t had the time to do anything yet,” Walesa told reporters in Warsaw.

“For the time being Obama’s just making proposals.”

U.K. Gaurdian

Which is what makes the awarding of this year’s prize to a president who has been in office for a mere nine months an odd departure. It is as if the prize committee had been persuaded to give the award on the future delivery of promises.

The reality is that the prize appears to have been awarded to Barack Obama for what he is not. For not being George W Bush. Or rather being less like the last president. The question now is whether having being anointed perhaps too early by the committee, a Nobel prize earned so cheaply and at so little cost will help him in his efforts on the international stage or rather be an albatross around his neck. Something against which all his future efforts will be judged – and perhaps found wanting.

If you question whether or not Barack Obama is a whore to big money, do you need further proof than this?

President Obama is going to attend a $30,400 per couple fundraiser in Manhattan on October 20th.

So much for being for the little guy, huh?

NY Daily News Obama Fundraiser

Bono, singer for the incredibly overrated band U2, has spoken in the past about the need for countries around the world to address climate change.

U2 is currently on tour.  It takes 200 trucks to haul the stage and equipment for the performances.

What does 200 trucks do for global warming?  What about an unnecessary concert tour?

What a bunch of frauds.

Interview With U2’s Manager

There’s about 200 trucks. Each stage is 37 trucks, so you’re up to nearly 120 there. And then the universal production is another 50-odd trucks, and there are merchandise trucks and catering trucks.

Record Ticket Sales And Revenues For U2’s Tour

President Barack Hussein Obama is doing a terrific job keeping his campaign promise to create millions of jobs.  Obama has created -3.558 million jobs since taking office (Feb – Sept).

For those of you Democrats out there, that means Obama has lost 3,558,000 jobs from February through September of this year.

What I find most interesting is how job cuts spiked the month Obama was elected.  In September 2008, 321,000 jobs were cut. In October, 380,000 jobs were cut. But in November when Obama was elected, 597,000 jobs were lost.

BLS Job Cut Numbers By Month

November is when stores, restaurants, factories, and other businesses hire seasonal workers to help with the Christmas rush.  But last year, job cuts jumped 57% over the prior month when Obama was elected.

Why would businesses cut jobs after Obama was elected?  Maybe because he promised massive increases in income, investment, and other taxes.

The only thing tax increases do is push jobs overseas.  Despite a stabilized economy and job growth in other countries around the world, hundreds of thousands of jobs are still being lost in America each month because of Obama’s and the Democrats’ promised tax increases.

This is just the beginning.  Carbon taxes will increase the cost of every product and service manufactured and sold in the country.  That will have a devastating effect on aggregate demand and jobs.

People aren’t stupid.  They know that in the end this massive spending has to come from somewhere.  With a budget deficit expected to reach $9 trillion over the next 10 years, business owners know the Democrats are going to be coming after them for more and more every year.  The smart ones are setting up shop overseas and are getting out now.

Rich musical performers who travel all over the world in jets, sleep in fancy hotels, tour in buses, ride in limousines, and put on concerts with extravagant light shows and sound systems that consume large amounts of electricity have recorded a song to raise awareness about global warming.

Isn’t it nice that people who pollute more in a month than the average person does in a lifetime are going to tell us to be more concerned about carbon dioxide emissions and global warming?

Global Warming Song Article

The reason given by Democrats for the need for caps on carbon dioxide emissions is to reduce the amount of CO2 going into the atmosphere every year because it causes planetary warming.

So why then are Democrats going to allow the importing of carbon offsets from developing countries?

Bloomberg Article

Limiting the number of cheap carbon credits that can be imported from poor countries in a proposed U.S. “cap-and-trade” system will drive up costs for consumers, an emissions trading group said.

The plan of Senate Democrats John Kerry of Massachusetts and Barbara Boxer of California sets an initial limit on international offsets of 500 million tons a year, compared with 1 billion tons in the House plan.

Let’s get this straight:  if businesses can’t operate within the government allowed limits for carbon dioxide emissions, they can release more CO2 into the environment by buying credits from foreigners.

Won’t this just send American money overseas to buy mythical carbon offsets to combat mythical global warming?

At least when we send money overseas to buy oil, we get something tangible that can be used to produce other things.  With the Democrats’ scheme, we get nothing but imaginary offsets to an imaginary problem.

And, if we allow companies to buy the ability to release more carbon dioxide, doesn’t this defeat the purpose of carbon caps in the first place?  What, really, is this scheme going to do to reduce CO2 emissions?  Nothing.

Just when you think the Democratic Party cannot come up with more foolish ways to waste taxpayer money, along comes something so stupid it makes you think you are living in an alternate universe.

The Obama administration is going to spend $60 million to identify 10,000 Chicago-area school kids at risk for becoming victims of violence and basically become their mommas.

NY Times Article

Financed by federal stimulus grants for two years, the $60 million plan uses a formula gleaned from an analysis of more than 500 students who were shot over the last several years to predict the characteristics of potential future victims, including when and where they might be attacked. While other big city school districts, including New York, have tried to focus security efforts on preventing violence, this plan goes further by identifying the most vulnerable students and saturating them with adult attention, including giving each of them a paid job and a local advocate who would be on call for support 24 hours a day.

That amount of money, $60 million, divided by the number of kids, 10,000, comes to $6,000 per kid for two years, or $3,000 per kid for one year.  The kids get free jobs–which I am sure they will work really hard at–and an on-call nanny.  And those nannies will be, I am certain, Obama supporters who will be paid handsomely for their “work”.

This is just another payback to Obama’s inner-city backers.  More pay-for-play politics from Democrats.

Also from the article:

The students at highest risk of violence, by statistics, are most likely to be black, male, without a stable living environment, in special education, skipping an average of 42 percent of school days at neighborhood and alternative schools, and having a record of in-school behavioral flare-ups that is about eight times higher than the average student.

The students at highest risk of violence are black because the people perpetrating the violence are black.  It is interesting how they tend to mention the race of the victims but never the race of the perpetrators.  I guess they don’t want you to know who is committing the crime and violence.  That would be racist, right?

Watch this video of 16-year-old Derrion Albert being beaten to death with a two-by-four on the street in Chicago a few weeks ago.  He was a young black male beaten to death on his way home from school by other blacks.

Derrion Alert Video

Also from the article:

Reinvigorated gang wars, some say from the large-scale demolition of public housing and the scattering of tenants, have turned some West and South Side areas into terrifying places for children to crisscross.

What is most interesting is that while Chicago did have problems with organized crime during the 1920s and 1930s, crime and violence soared as Democrats began building thousands of units of public housing in the 1950s.  What happened is that poor blacks from the South came flooding into Chicago to take advantage of the welfare freebies.  Fifty years later, the city is still dealing with the fallout from their massive welfare projects, chiefly in the form of black crime and violence.

A recent Time magazine article blames the decades-in-the-making downfall of Detroit, MI, on white racism.

That’s right.  When the black population in Detroit increased, whites fled to the suburbs for apparently racist reasons and that caused the problems Detroit faces today.  A few select passages from the article:

Time Article

The ‘67 riots sent thousands of white Detroiters fleeing for the suburbs.

Soon Detroit became a majority-black city, and in 1973 it elected its first black mayor (Coleman Young).

Violent crime soared under Young. The school system began to cave in on itself. When jobs disappeared with the small businesses boarding up their doors and abandoning the city, the mayor seemed to find it more useful to bid the business owners good riddance than to address the job losses.

If white racism, Coleman Young and a delusional dependence on the auto industry’s belief in its own virtues put Detroit where it is today, what — if anything — can pull this tragic city out of its death spiral?

Those evil white people fled because of crime and violence and thus are to blame for the downfall of Detroit.  Whites are to blame for the black riots, too.

It’s always white people’s fault, isn’t it?  That is the liberal narrative.

Who elected and re-elected Mayor Young for 20 years?  It wasn’t white people.  And in case you were wondering, Mayor Young was a Democrat.

Democrats destroy everything they get their hands on.  Always.

If the people of Detroit want to solve the city’s problems, they need to get rid of Democrats.  Problem solved.

Former President Bill Clinton was in third-world Haiti to promote investment to expand economic opportunities.

LA Times Article

“I’ve been working very hard on this. I personally recruited a lot of people to come here,” Clinton told reporters. “We’ve got a lot of work to do, of course, but I think you’ll see a lot of quite impressive new investment coming out of this.”

Later the former president traveled to the eastern edge of the capital to tout a fish farm to potential investors. The project is seeking $800,000 in funding with the goal of being able to raise enough tilapia to feed 2 million people a year, director Valentin Abe said.

Bill Clinton earned well over $100 million from 2001 to 2007.  Last year, Hillary Clinton put their net worth at over $50 million.  He still earns about $10 million a year.

Why doesn’t Bill invest his own money in Haiti?  A fish farm needs $800,000 to feed 2 million people.  That amount of money is a drop in the bucket to someone worth over $50 million.

All liberals are liars and frauds.  They do nothing but talk about helping people while never giving away their own money to do the things they tell others to do.

Democrat Senator John Kerry, in an interview with the Washington Post, insists that the carbon cap and trade legislation he and Barbara Boxer have drafted to combat mythical global warming is not a tax.

Uh huh, right.

Kerry further admits that cap and trade will raise costs for consumers.  Kerry said the following:

In fact, what we’re trying to do is cushion any impact on any industry that might have to raise its rates, and so that’s why we give a rebate to citizens, to make up for that difference.

At least Kerry admits that price inflation will occur as costs from this bill are passed-along to consumers.

But where is this rebate money going to come from?  Will it be borrowed from future generations?  There has to be some tax revenue somewhere to pay for it.

Cap and trade may not impose a direct tax, but it imposes all kinds of indirect taxes.  The cost of energy will rise.  This will impact every man, woman, and child in the country as the cost of every product in every store will rise.  The cost of home energy use will rise, too.

Businesses will have an indirect tax not just in having to buy carbon allowances, but in employee costs to comply with this bill.  Then, businesses that sell excess carbon allowances will be taxed on the profits they make from selling them.

The government is going to impose a cost on industry then give people “rebates” to partially offset the higher costs they experience because of this bill.  That money has to come from somewhere.

The goal of the Democratic Party all along has been to get everyone dependent on the government.  They will raise the cost of everything then send people a “rebate” check which will not come close to offsetting price increases.

But what will economy-wide price increases do to jobs?  It will kill them.  As prices rise, aggregate demand declines.  When demand goes down, jobs are lost.