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Showing posts from October, 2011

"Fast and Furious" and "Solyndra" Show Incompetence, If Not Political Corruption

Two things that may combine to hurt the Obama Administration are the growing "Fast and Furious" scandal, where the US sold guns to the Mexican drug cartels, with no way of arresting anyone. The other is the scandal involving Solyndra, a bankrupt solar panel manufacturer based in California, which cost the US taxpayer around half a Billion dollars. Both are going to be thoroughly investigated in the near future, and the OA doesn't seem to have an adequate response, so far. These are examples of stories the "in the tank for Obama" media stay away from, until they "have legs," meaning they get too big to ignore. While Solyndra is fading from the fleeting media mentions it got, it will not be the last "green" initiative of the OA's that will be scrutinized ( link ). Any other one (or more) that was a bad deal may end Obama's political chances at enacting any of that agenda. The Justice Department is investigating, but they can't affor

Wall St. Protesters Agree With TEA Party On Bailouts

Ask any of the Wall St. protesters if they agree with Republicans, or the TEA Party, and they'll say "Hell, NO"! How many of them know that the GOP actually blocked the bailouts, the first time they were voted on. When the bill came up for a second vote, the "moderate" Republicans voted for the bailout, along with all of the Dems. The ones who still opposed them, in the face of withering political pressure, were the TEA Party caucus members. I'd like to see someone ask the protesters what they think about that. They should all support Michelle Bachmann for President.

Bank of America "On the Ropes": Thanks, Sen. DICK!

If there was any doubt that Senate Democrats' attempts at "regulating" US banks is a thinly-veiled attempt at crippling them, Sen. Dick Durbin's latest comments about Bank of America just removed it. On the Senate floor, he suggested that BoA customers pull their money out of their accounts there, and deposit it in another bank. Rush Limbaugh mentioned this today, and how (my) NY Sen. Chuck Shumer's comments caused another "run," on a smaller bank, a while back, which resulted in it not existing anymore. BoA, however, is already a recipient of a taxpayer bailout, so it's doubtful that will happen. There is also the example of Lehman, which the government declined to "bail out." The Dems attitude toward the US banking industry seems to be like a "mob" money collector: "We don't wanna kill you, we're just gonna break your legs." The point that stands out to me is that "taking your money out of BoA" was