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Showing posts with label bank. Show all posts
Showing posts with label bank. Show all posts
Wednesday, April 18, 2012
Ron Paul -CBS caught Lying about Denver Delegates
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Tuesday, March 27, 2012
Wednesday, March 21, 2012
Pelosi's Daughter Blasts Welfare System
Nancy Pelosi’s daughter, who courted conservative controversy with a video short showing the sometimes racist views of toothless Mississippi rednecks, has enraged liberals with a second video: New York welfare recipients.
But Alexandra Pelosi admits it wasn’t easy getting the video on television. “All the people I work with at HBO, all the people I grew up with, said, ‘You can’t put that on TV.’
“Somehow [I was] allowed to do it to the toothless rednecks, but when it was our neighbors, it was wait a second, they got defensive,” she told Bill Maher on his HBO show, “Real Time.”
The people Pelosi interviewed at a welfare office on New York City’s 14th Street, admit they don’t want a job, and support President Barack Obama “because he gives me stuff,” and “because he’s black.”
One man smokes and drinks Budweiser through a straw as he stands on line. He laughs as he admits to having five children by four different mothers. He tells Pelosi, “I’m here to get a check … whatever they’ve got to offer, it’s not like they’ve got a checklist … I’m just here to get what I can get.”
Pelosi was attacked by conservatives for being selective in the people she depicted in her video from Mississippi. One man in that video said, “This is America, our president should be American, not Muslim.”
Pelosi said the film showed the entitlement culture is causing problems for the party her mother leads in the House. “We have to address the fact that this is why Democrats are losing ground. And this is a problem in America. The entitlement culture has gotten so big that we are losing our own people,” she said.
The Emmy-nominated documentary maker also predicted outrage among her fellow liberals, saying she expected “a left-wing feeding frenzy” about her report.
Reaction to the video was swift.
© 2012 Newsmax. All rights reserved.
Read more on Newsmax.com: Pelosi's Daughter Enrages Left with Welfare Video
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!
But Alexandra Pelosi admits it wasn’t easy getting the video on television. “All the people I work with at HBO, all the people I grew up with, said, ‘You can’t put that on TV.’
“Somehow [I was] allowed to do it to the toothless rednecks, but when it was our neighbors, it was wait a second, they got defensive,” she told Bill Maher on his HBO show, “Real Time.”
The people Pelosi interviewed at a welfare office on New York City’s 14th Street, admit they don’t want a job, and support President Barack Obama “because he gives me stuff,” and “because he’s black.”
One man smokes and drinks Budweiser through a straw as he stands on line. He laughs as he admits to having five children by four different mothers. He tells Pelosi, “I’m here to get a check … whatever they’ve got to offer, it’s not like they’ve got a checklist … I’m just here to get what I can get.”
Pelosi was attacked by conservatives for being selective in the people she depicted in her video from Mississippi. One man in that video said, “This is America, our president should be American, not Muslim.”
Pelosi said the film showed the entitlement culture is causing problems for the party her mother leads in the House. “We have to address the fact that this is why Democrats are losing ground. And this is a problem in America. The entitlement culture has gotten so big that we are losing our own people,” she said.
The Emmy-nominated documentary maker also predicted outrage among her fellow liberals, saying she expected “a left-wing feeding frenzy” about her report.
Reaction to the video was swift.
© 2012 Newsmax. All rights reserved.
Read more on Newsmax.com: Pelosi's Daughter Enrages Left with Welfare Video
Important: Do You Support Pres. Obama's Re-Election? Vote Here Now!
Monday, March 19, 2012
RON PAUL CAMPAIGN TO GOP: ADAPT OR DIE
I don’t agree with everything said in this story, but it does a pretty good job of putting the long term revolutionary aspects of Ron Paul’s campaign into proper context. As I’ve said before, when the 2012 elections are over, candidates like Mitt Romney and Rick Santorum will be nothing more than asterisks in the history books, while Ron Paul will remain the most important political figure of our era. Reports CBS News:
As Paul’s team will openly admit, his presidential run has doubled as an effort to advance the Libertarian movement. And on that measure, there are reasons to already view it as a success.
Start with the vote totals… Paul has consistently won more votes in the 2012 cycle than he did in his presidential run four years ago. In Ohio, he went from 49,027 votes in 2008 to 111,238 votes in 2012; in Michigan, he went from 54,434 votes four years ago to 115,712 votes in this cycle. He more than quadrupled his vote total South Carolina, tripled it in New Hampshire and doubled it in Georgia.
Throughout the campaign, Paul has attracted the sort of crowds that also-ran candidates rarely see, including the 4,600 people that turned out to see him in Champaign, Illinois, on Wednesday. Meanwhile, his passionate supporters have continued to pour money into his campaign, even as Paul’s odds of winning the nomination have gotten ever longer.
“It does seem like this is a real step forward within the Republican Party,” said John Samples, who directs the Center for Representative Government at the Cato Institute, a Libertarian think tank. Noting that Paul’s supporters tend to be younger and previously disengaged from the GOP, he added: “He’s reaching a new constituency, and he’s doing it in the context of a party that has concerns about the future…”
Jesse Benton, Paul’s campaign chairman, said he does see evidence that Paul’s ideas are making a difference.
“There is a big debate right now inside the Republican Party on getting out of Afghanistan,” said Benton. “Look at the monetary issue. You’ve got candidates across the country campaigning on sound money, the gold standard, auditing the Federal Reserve. You’ve got internet freedom – Republicans came together and they opposed SOPA.” Benton also pointed to GOP efforts to cut spending, though he said such efforts have not gone nearly far enough…
Benton stresses that the Paul campaign is not giving up on winning the nomination, though he concedes that Paul is not going to get the 1,144 delegates necessary to secure it before the GOP convention in August. He argues that if no candidate secures the nomination before August, Paul will ultimately triumph at the convention.
“A brokered convention is now our stated goal, and winning the nomination for Dr. Paul at said convention will require extensive politicking,” he said. “We plan to head to a Tampa with every political bullet we have loaded in our gun, ready for the convention fight…”
No matter what happens, Libertarians seem committed to moving the Republican Party toward their beliefs over the long term… Samples, of the Cato Institute, says Paul may ultimately be remembered as the man who moved the Republican party away from the George W. Bush model and into the future.
“There’s generational change going on here, and perhaps as time moves on you’ll see a different kind of Republican who’s closer to him,” he said. “And as you look back, you might say he kind of foreshadowed what happened.”
Benton’s message to the party, meanwhile, is simple: Adapt or die.
“The party’s at a crossroads,” he said. “They’re either going to start to embrace real limited constitutional government – and I think a lot of people are – or they’re really going to struggle nationally.”
“If they want to shrink this down into a little teeny tiny minority party,” he added. “They can keep catering to the neoconservatives.”
Wednesday, March 14, 2012
Is Stockton Falling off Financial Cliff?
STOCKTON, Calif. (AP) — A red, white and blue sign declaring Stockton an "All-America City" still adorns City Hall, but the building's crumbling facade tells the real story of the community's recent fortunes.
Since the sign went up nearly a decade ago, Stockton has twice topped Forbes magazine's list of "America's most miserable cities." And now another unflattering title could be headed its way: largest American city to declare bankruptcy.
The city of 290,000 that rode the wave of the housing boom in the late 1990s and early 2000s now finds itself littered with foreclosed homes, saddled with pension, health care and other obligations it can't afford, and unable to pay its bills.
The City Council voted last month to suspend $2 million in bond payments and begin negotiations with bond holders, creditors and unions. A new California law requires that cities begin a 60-day mediation process before filing for Chapter 9 bankruptcy, though city leaders can file at any time if negotiations stall.
The police union, upset over job cuts and a record murder rate, posted billboards tracking the city's "body count" and giving out the city manager's phone number. One blood-spattered sign read: "Welcome to the 2nd most dangerous city in California: Stop laying off cops!"
The city's deficit now is $15 million — a little more than 9 percent of its annual general fund — and that could double in the next fiscal year.
"We are hanging on by our fingertips," said Mayor Ann Johnston, who has overseen three fiscal emergency declarations and hopes to persuade the city's creditors to forgive some debt.
Founded along the San Joaquin River during the Gold Rush, Stockton has much to boast. It's a gateway to Yosemite National Park and sits atop fertile soil that supports an agricultural industry that built the city and still is its underpinning — the three-day annual Stockton Asparagus Festival draws 100,000 people. It's one of just two deep-water inland ports in California.
During the housing boom, people priced out of the San Francisco Bay area were trundling down Interstate 5, buying up homes in subdivisions built for commuters.
"We became affordable housing for the Bay Area," Johnston said.
City leaders believed the influx of residents and wealth would finally lift the community into its rightful place as a top-tier city. From 2000 to 2005, median home prices quadrupled to $400,000.
The downtown waterfront is a monument to the high hopes of the era. An extensive promenade leads past a 12,000-seat sports arena, a gleaming hotel that opened as a Sheraton and an upscale restaurant, much of it bought with city money.
Today, there are more Canadian geese than people in this part of town. Residents say they avoid the arena because they don't feel safe at night. The Sacramento restaurateur the city lured with generous incentives has closed his doors-- though white tablecloths still adorn the sleek dining room-- and the Sheraton management has also left town.
A developer recently bought the hotel at auction and is refashioning the rooms into dorms for University of the Pacific students.
Though many communities across the country are struggling with their finances and some already have filed for bankruptcy — Pennsylvania's capital of Harrisburg, Jefferson County, Ala., and little Central Falls, R.I. — Stockton's litany of problems stand out.
The unemployment rate has doubled over the past decade and now hovers around 16 percent. A fifth of residents live below the poverty line.
The city has the second-highest foreclosure rate in the nation — it alternates with Las Vegas for the dubious distinction of first place. Home prices have fallen to pre-2000 levels, and as many as half of homeowners owe more than their houses are worth.
The looming bankruptcy was a subject of discussion at Weston Ranch subdivision, where three unemployed neighbors passed a rainy afternoon drinking beer in lawn chairs. All three are underwater on their homes.
Read more: http://www.ctpost.com/news/article/In-Stockton-Calif-slow-fall-off-financial-cliff-3396501.php#ixzz1p68OkECr
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