Archive for January, 2009

GM Is Using $1 Billion of Its Bailout Money In Brazil (Updated)

January 31, 2009

Saving American jobs… South American jobs.

You just can’t make this stuff up…
GM is using $1 billion of its bailout money to invest in Brazil.

Your tax dollars at work–
The Latin American Herald Tribune reported:

SAO PAULO — General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.

According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to “complete the renovation of the line of products up to 2012.”

“It wouldn’t be logical to withdraw the investment from where we’re growing, and our goal is to protect investments in emerging markets,” he said in a statement published by the business daily Gazeta Mercantil.

Previously:
Surprise!… Dem’s “Stimulus Package” Looks Like Billion $$$ ACORN Bonanza
Pelosi Tells ABC Birth Control Will Help Boost Economy
Plane Stupid… Bailed Out Citigroup Buys New $50 Million French Jet
Nancy Pelosi Explains How Fighting STDs Stimulates Economy
Figures. Dem’s Crap Sandwich Gives Cash to Illegal Aliens
Generational Theft Act Will Re-Start Trade Wars
200 Top Economists Say “Stimulus” Bill Won’t Work
Unreal!… Stimulus Includes Government Plan to Crush New Cars

UPDATE: GM says the report is not true.

Dope & Change… Obama’s Brother George Busted With Pot

January 31, 2009

Barack Obama’s younger brother George was arrested on Friday.
He was charged with possession of pot.

Author David James tracked down George Obama in a slum this past year.
He discovered Barack Obama’s younger brother George in a foul-smelling slum hut in Huruma estate.

Left to Right : Rastaman, One of the girls in George’s room, George Hussein Obama, Jack, a body guard in the Kenyan slum. (Thaindian)

Apparently, Barack’s little brother George is still living in the Nairobi slum.
The Powers That Be and AFP reported:

US President Barack Obama’s Kenyan half brother George was arrested on charges of possession of cannabis, police sources said Saturday.

George Obama was arrested on Friday with cannabis, known locally as bhang, and was placed in custody, a senior police officer told AFP on condition of anonymity.

“He was picked up in Nairobi’s Huruma area with three other young men,” the officer said, adding they were due to appear in court on Monday.

In his memoir, the new US president describes meeting his half brother as “a painful affair”. George Obama was one of the few close relatives who did not attend the president’s January 20 inauguration ceremony in Washington.

Could you imagine if this would have happened to one of GW’s siblings?

Previously On Obama’s Family:
Obama’s Militant Muslim Brother Abongo Is Luo Activist
Media Interviews Obama’s Younger Muslim Brother in England
Surprise!… Obama Breaks Promise to Poor Kenyan Family Members
Anti-Trade Obama Has Brother Running Illegal Firm In China
Obama’s Long Lost Brother Lives In Kenyan Slum Hut
Catching Up With Barack’s Little Brother George In His Filthy Slum Hut
Foreign Media Finds Obama’s Aunt… In a Boston Slum
Figures. Obama’s Dear Auntie Onyango Is an Illegal Alien
Barack Obama: This Isn’t the Illegal Alien Auntie I Thought I Knew
Obama Knew His Auntie Onyango Was Here Illegally

It’s a Recession… Congress Gives Lawmakers $93,000 More to Spend (Video)

January 31, 2009

Beautiful. At the same time that President Obama is wagging his finger at Wall Street for their year end bonuses and auto executives are being harassed for flying on private jets, the Democratic-led congress just gave each lawmaker an extra $93,000 in petty cash to spend.

They say they need it to help their constituents and to help the economy.
After all, it takes a lot of money to spend other people’s money:

Video from Bulls and Bears.

You just can’t make this stuff up.

Related… President Obama wants to spend a trillion dollars on welfare, condoms, international STD prevention, 600,000 new government jobs and handouts for illegal immigrants… But, has issued a demand to the Pentagon to reduce its budget by more than 10%. The dollar figure is $55 billion.

Iranian Regime: Obama’s Offer to Talk Shows US Failure

January 31, 2009

UPDATE: Shabnameh.org has this message for Team Obama:

What Obama will, eventually, learn about his foreign policy!… Sooner = better for the world! Mr. Obama and Mrs. Clinton, please, take side with the “People” of Iran, not with a fascist and brutal regime that Iranians despise!


Hat Tip Banafsheh Zand Bonazzi
Yep. That cartoon about says it.
The regime has already stung Obama.
Will he learn?

* * * * *


Iranian leader Grand Ayatollah Sayyid Ali Hoseyni Khāmene’i visited a shrine to martyrs on Saturday. (Iranian (ISNA)

What a shock. The Iranians say Obama’s offer to sit and talk without preconditions shows American weakness and failure.
Breitbart reported:

US President Barack Obama’s offer to talk to Iran shows that America’s policy of “domination” has failed, the government spokesman said on Saturday.
“This request means Western ideology has become passive, that capitalist thought and the system of domination have failed,” Gholam Hossein Elham was quoted as saying by the Mehr news agency.

“Negotiation is secondary, the main issue is that there is no way but for (the United States) to change,” he added.

After nearly three decades of severed ties, Obama said shortly after taking office this month that he is willing to extend a diplomatic hand to Tehran if the Islamic republic is ready to “unclench its fist”.

In response, Iranian President Mahmoud Ahmadinejad launched a fresh tirade against the United States, demanding an apology for its “crimes” against Iran and saying he expected “deep and fundamental” change from Obama.

Related… Iranians honor smelly shoe.

Another Hiccup… Daschle Doesn’t Pay Taxes Either

January 31, 2009

Gosh. Another distraction.

Former Senate Majority Leader Tom Daschle (D-SD), Barack Obama’s pick to head the Health and Human Services Department, doesn’t pay taxes either.
Jake Tapper reported:

ABC News has learned that the nomination of former Senator Majority Leader Tom Daschle, D-S.D., to be President Obama’s secretary of health and human services has hit a traffic snarl on its way through the Senate Finance Committee.

The controversy deals with a car and driver lent to Daschle by a wealthy Democratic friend — a chauffeur service the former senator used for years without declaring it on his taxes.

It remains an open question as to whether this is a “speed bump,” as a Democratic Senate ally of Daschle put it, or something more damaging.

After being defeated in his 2004 re-election campaign to the Senate, Daschle in 2005 became a consultant and chairman of the executive advisory board at InterMedia Advisors.

Based in New York City, InterMedia Advisors is a private equity firm founded in part by longtime Daschle friend and Democratic fundraiser Leo Hindery, the former president of the YES network (the New York Yankees’ and New Jersey Devils’ cable television channel).

That same year he began his professional relationship with InterMedia, Daschle began using the services of Hindery’s car and driver.

The Cadillac and driver were never part of Daschle’s official compensation package at InterMedia, but Mr. Daschle — who as Senate majority leader enjoyed the use of a car and driver at taxpayer expense — didn’t declare their services on his income taxes, as tax laws require.

During the vetting process to become HHS secretary, Daschle corrected the tax violation, voluntarily paying $101,943 in back taxes plus interest, working with his accountant to amend his tax returns for 2005 through 2007.

Michelle Malkin wonders which Republicans who supported tax cheat Geithner will end up supporting tax cheat Daschle.

TigerHawk has more on Daschle’s hiccup, via Instapundit.

Unreal!… Stimulus Includes Government Plan to Crush New Cars

January 31, 2009

Now we know how Democrats plan to save the auto industry…

SEMA.org sent out this news alert tonight.
Democrats want to include a new car crushing plan in the “stimulus” bill where the government would buy new cars and trucks that obtain less than 18 mpg and crush them.

Politicians Want to Use Tax Dollars to Crush Newer-Model Trucks and SUVs

Senator Diane Feinstein (D-CA) and Rep. Henry Waxman (D-CA)
Oppose S. 247 and H.R. 520
SEMA ( Specialty Equipment Market Association) is opposing an effort by some Washington lawmakers to include a national car crushing program in the upcoming economic stimulus package. Vehicles targeted for the scrap pile will likely include Chevy Blazers, Silverados, S-10s and Tahoes; Dodge Dakotas and Rams; Ford Explorers and F-Series; Jeep Cherokees and Wranglers; and any other SUV or truck that obtains less than 18 mpg.

The so-called “Accelerated Retirement of Inefficient Vehicles Act” is “Cash for Clunkers” with a twist. Instead of focusing exclusively on old cars as is typical with scrappage programs, this bill will target any vehicle with lower fuel-economy ratings. Participants will receive a cash voucher to purchase a more fuel-efficient new car or used car (model year 2004 or later) or receive credit for the purchase of public transportation tickets.

Under the legislation, “fuel efficient” means at least 25% better mileage than the CAFE standard. It will be illegal to resell the scrapped vehicles. Bill sponsors want to destroy 4 million pickups and SUVs over the next four years.

The program will fail to achieve its goal of improving fuel efficiency and stimulating car sales, but will increase unemployment and the cost of used cars and parts. Here’s why:

* Given the minimal $1,500–$4,500 voucher value, the program will lure rarely driven second and third vehicles that have minimal impact on overall fuel economy and air pollution. This is not a wise investment of tax dollars.

* The program will reduce the number of vehicles available for low-income individuals and drive up the cost of the remaining vehicles and repair parts. This is a basic supply-and-demand reality.

* The program will remove the opportunity to market specialty products that are designed exclusively for the targeted pickups and SUVs, including equipment that increases engine performance and fuel mileage. Congress will be enacting a program to eliminate jobs and reduce business revenues in the automotive aftermarket.

* The idea that the trucks and SUVs must be scrapped in order to save energy is irrational. The program’s “carbon footprint” does not factor in the amount of energy and natural resources expended in manufacturing the existing car, spent scrapping it and manufacturing a replacement car.

* The program fails to acknowledge driver needs, such as the ability to transport a family, tow a trailer or rely upon the performance, safety and utility characteristics associated with the larger vehicles. Instead, these vehicles will be destroyed.

* There is no evidence that the program will achieve the goal of boosting new-car sales or increasing fuel mileage. Many states have considered scrappage programs in the past as a way to help clean the air or increase mpg, but abandoned the effort because they simply don’t work. The programs are not cost-effective and do not achieve verifiable fuel economy or air-quality benefits.

* The program will hurt thousands of independent repair shops, auto restorers, customizers and their customers across the country that depend on the used-car market. This industry provides thousands of American jobs and generates millions of dollars in local, state and federal tax revenues.

“Our members, like all business entities, are suffering the effects of the stalled economy,” said Steve McDonald, SEMA vice president of government affairs. “In fact, for our members that market product for newer vehicles, we depend on a thriving and vibrant auto industry to create new business opportunities. We support efforts to spur new-car sales. We don’t, however, support public policy efforts that we are convinced don’t work and will waste tax dollars in the process.”

SEMA Urges You to Oppose This Legislation

This is pure insanity.
The program would cost a fortune and deliver nothing.
And, of course the ones who will be hurt the most are low income individuals.
But, this doesn’t seem to bother the democrats.

GOP Goes With STEELE!

January 30, 2009

Terrific!
Michael Steele was elected chairman of the Republican National Committee this afternoon.
He won on the 6th vote.

Congratulations Michael!

Here is Michael Steele’s acceptance speech today:

Journalists Under Fire… Gaza Cameraman Seriously Burned Filming Flag Torching Protest

January 30, 2009

Bummer.
They were torching Old Glory but the cameraman got cooked.

Abdul Rahman Al-Khatib was seriously burned after getting too close to the torched US and Israeli flags.

Baby Killer Calls For the Destruction of Israel At Tehran Ceremony

January 30, 2009

Samir Kuntar, famous for crushing the skull of a 4 year-old Israeli girl, was honored by Iranian President Mahmoud Ahmadinejad today in Tehran.

Kuntar was released from prison earlier this year in exchange for the remains of two kidnapped and murdered Israeli soldiers.

Kuntar holds his trophy next to Mahmoud Ahmadinejad at the ceremony today. (ISNA)

Today Kuntar called for the destruction of Israel at the martyr’s ceremony in Tehran where he was honored by the Iranian regime.
Fars News reported:

“We must destroy the Zionist regime and to do so the resistance needs self-sacrifice,” said Quntar, who was freed after 27-year of imprisonment in Israeli jails last year.

He arrived in Iran on Wednesday and expressed his gratitude to Tehran for its role in backing the Lebanese and Palestinian “resistance” against Israel.

He pointed to the sufferings of Iranians during the Islamic Revolution in 1970s and the Lebanese in the 2006 war with Israel which both led to their victory, and expressed the hope that Gaza and Palestine would have the same destiny and see victory after hardships, the Iranian students news agency reported.

“We must resist against the US ruling system, the US which is supporter of taghoot (tyrant) in the region and the world,” he asserted.

“The path of resistance against cruelty and arrogance that is spread to Washington must be continued and Israel must be destroyed and that is the path that we step on in Lebanon’s Islamic resistance,” the former Lebanese prisoner added.

Earlier Quntar told AFP that Iran “has played a crucial role in supporting the Lebanese and Palestinian resistance and I am here to express my deepest gratitude to this country.”


Regime supporters put together a skit on martyrdom at the ceremony. (ISNA)


President Ahmadinejad welcomed the great Iranian hero Samir Kuntar to Tehran. (ISNA)


Look at how freakin nuts this guy looks. Dude is creepy. (ISNA)

Previously:
Ahmadinejad Honors Jewish Baby Killer in Tehran

200 Top Economists Say "Stimulus" Bill Won’t Work

January 30, 2009

200 top economic minds signed a national ad published in The New York Times and the Wall Street Journal against the trillion dollar spending binge proposed by democrats. The ad, sponsored by the Cato Institute, blasts the massive boondoggle that funds liberal projects under the guise of “stimulating” the economy.
St. Louis Today and Free Republic reported:

“There is no disagreement that we need action by our government, a recovery plan that will help to jumpstart the economy.”

President-Elect Barack Obama
January 9, 2009

With all due respect Mr. President, that is not true. Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of government, we the undersigned do not believe that more government spending is a way to improve economic performance. More government spending by Hoover and Roosevelt did not pull the United States economy out of the Great Depression in the 1930s. More government spending did not solve Japan’s “lost decade” in the 1990s. As such, it is a triumph of hope over experience to believe that more government spending will help the U.S. today.

Here’s a copy of the ad:

Click to Enlarge

The signers include some prominent names, including those of Nobel prize winners James Buchanan, Edward Prescott and Vernon Smith.

Larry Kudlow added this on the massive spending binge:

Government spending, deficits, and debt creation of this magnitude is simply unheard of. So the added TARP money will surely imperil the entire stimulus package as taxpayers around the country begin to digest the enormity of these proposed government actions. Financing of this type would not only destroy the U.S. fiscal position for years to come, it could destroy the dollar in the process. What’s more, the likelihood of massive tax increases — which at some point will become front and center in this gargantuan funding operation — would doom the economy for decades.

With only a 42% of the public supporting the plan it looks like the tide may be turning on this disastrous piece of legislation.