For some time, we have been hearing about the housing market, and how things were going in that department, critical to our overall health. Well, as it turns out, the National Realtors Association can’t count. They were off, way off, on where the numbers actually are, and their mistake was not a good one as this Chicago Tribune article highlights:

[snip] Far fewer homes have been sold over the past five years than previously estimated, the National Association of Realtors said Tuesday.

NAR said it plans to downwardly revise sales of previously-owned homes going back to 2007 during the release of its next existing home sales report on Dec. 21.

NAR’s existing home sales numbers, released monthly, are a closely followed gauge of the health of the housing market.

While NAR hasn’t revealed exactly how big the revision to home sales will be, the agency’s chief economist Lawrence Yun said the decrease will be “meaningful.“

“For the real estate business, this means the housing market’s downturn was deeper than what was initially thought,“ Yun said.

Yun said the database NAR uses to track existing home sales, the Multiple Listing Service (MLS), has led the real estate agency to over-count existing home sales for several reasons. [snip] (Click here to read the rest.)

Well, crap. That is some pretty sucky news, isn’t it? This had been one of the upward trends lauded of late, and turns out, that was a big bunch of hooey.

And I have to share one more story of Obama helping out his buddies with our money (H/t FlBreeze), as this editorial from Investor.com highlights:

[snip] Now we find the Navy partnering with the Agriculture Department to purchase hundreds of thousands of gallons of alternative biofuel in place of standard JP-5 fuel for Navy aircraft — the biggest federal purchase of biofuel ever.

It’s part of the White House’s “we can’t wait for Congress” strategy as the 2012 election year looms. But JP-5 typically costs less than $4 a gallon. If a family on a budget started filling up with $16-a-gallon gas, it might want to adopt the motto, “we can’t wait to go broke.”

[...]

As J.E. Dyer noted over the weekend on the Hot Air Green Room, “a member of Obama’s presidential transition team, T. J. Glauthier, is a ‘strategic advisor’ at Solazyme, the California company that is selling a portion of the biofuel to the Navy. Glauthier worked — shock, shock — on the energy-sector portion of the 2009 stimulus bill.”

Solazyme had already gotten a nearly $22 million chunk of change out of the taxpayers thanks to the 2009 stimulus. We heard the ludicrous excuse last week from Obama Navy Secretary Ray Mabus, as quoted in the National Journal, that “we are doing this for one simple reason: It makes us better fighters” because “our use of fossil fuels is a very real threat to our national security and to the U.S. Navy ability to protect America and project power overseas.”(Click here to read the rest.)

What the hell are these people drinking? Whatever it is, they need to put it down, and walk away. This is just ridiculous, and absurd. I swear, Obama is finding all kinds of ways to funnel our money to his buddies, and I am sick of it.

Again, I have to ask – where the hell is the MSM on this?? How many scandals can Obama possibly have before they start reporting them? Unbelievable.

But this one, Lightsquared, isn’t just costly in terms of financial capital, and it is. But in terms of a deeper level, people’s integrity, and the integrity of the nation.

In case you don’t know what Lightsquared is, or need a refresher, this article from Bloomberg News provides a good overview, as well as detailing what happened with them recently,Falcone’s LightSquared Said to Disrupt 75% of GPS in Tests. Well, as you can tell from the headline, things didn’t go quite as planned:

Philip Falcone’s proposed LightSquared Inc. wireless service caused interference to 75 percent of global-positioning system receivers examined in a U.S. government test, according to a draft summary of results.

The results from testing conducted Oct. 31 to Nov. 4 show that “millions of fielded GPS units are not compatible” with the planned nationwide wholesale service, according to the draft seen by Bloomberg News.

“LightSquared signals caused harmful interference to majority of GPS receivers tested,” according to the draft prepared for a meeting next week of U.S. officials reviewing the LightSquared proposal. “No additional testing is required to confirm harmful interference exists.”

LightSquared, backed by $3 billion from Falcone’s Harbinger Capital Partners hedge fund, faces challenges from makers of global-positioning system devices who say the service will disrupt navigation by cars, boats, tractors and planes. U.S. regulators are withholding approval as they check on claims of interference.

You might be saying to yourself, “Okay, so? What’s the big deal with this?” Well, Ed Morrissey from Hot Airsums it up beautifully:

[snip] If that was all there was to this story, then this would just be another commercial venture that struck out, with little interest outside the tech fields involved. However, the overwhelming failure of LightSquared’s test puts allegations from last summer in a new light. In September, four-star Air Force General William Shelton accused the White House of pressuring him in August to change his Congressional testimony to make his assessment of LightSquared more favorable. Another Congressional witness told Eli Lake that the White House had “offered guidance” on how to testify favorably towards LightSquared.

Why is this important? Philip Falcone is a big donor to the Democratic Party, and he has billions of dollars at stake in LightSquared’s approval. Also, Obama himself was an investor in LightSquared at one point, as were or are a number of his associates. The resounding failure in this test makes it look like the White House pressured witnesses to back off of exposing LightSquared’s product as exactly the kind of dangerous problem that critics had maintained all along — with the intent to mislead Congress into moving forward with LightSquared’s government contracts.

One amusing note: LightSquared announced two days ago that the same tests showed no problems at all. After Bloomberg reported on the draft report, the company expressed outrage over the “leak” of “preliminary results.” Yeah, we’re with you on the leak outrage, pal. [snip] (Click here to read the rest.)

Ah, yeah. So, just to recap, Falcone is a big huge contributor to the DNC, the White House pressured a 4 star general to make his testimony beneficial to that contributor even though there were huge concerns over how this would affect the military, rightly so, as it turns out. This kind of coercion from the highest office in the land is not just unseemly, it is unethical, immoral, and I suspect, illegal (though I am no attorney). This company is being pushed by Obama and his minions, consequences be damned.

Or as I like to call it, just another day in the Obama Administration. Ahem.

But try and find this information anywhere else in the mainstream, and you will be hard pressed to do so. This company could well affect millions of Americans, not to mention our military, but outside of Business Week and Hot Air, you won’t find it, certainly not by the MSM. That is pathetic. Just more covering up for Obama as each scandal comes out. Pathetic. And reprehensible.

Those scandals are continuing to pile up, though. No matter how much Obama wants to blame everything on the Republicans, these scandals are solely of his making. It is high time he was held to account, if not now, than next November. That’s what I think. What do you think?

How in the hell is Holder, and every single one of the administrators who went along with this, not indicted and facing trial? I’m no attorney, but I am fairly certain that money laundering is ILLEGAL, especially for the head of the US Justice Department.

As you might suspect, this is all part and parcel of the horrendously stupid “Fast and Furious” gun-walking program. Rep. Darrell Issa is doing his best to uncover the extent of this program under Holder:

[snip] The New York Times reported on Sunday that “in operations supervised by the Justice Department and orchestrated to get around sovereignty restrictions” drug enforcement agents “laundered or smuggled millions of dollars in drug proceeds as part of Washington’s expanding role in Mexico’s fight against drug cartels.”

In a Monday letter to Attorney General Eric Holder, Issa announced he’s investigating the allegations made against the DEA in the New York Times article.

“As you are fully aware, since March of this year, I have been investigating the reckless tactics — in particular gunwalking — used in ATF’s Operation Fast and Furious,” Issa wrote. “That operation, which you personally acknowledged was ‘fundamentally flawed,’ failed spectacularly to meet its objective of bring down Mexican drug cartels. Precisely because the ends do not justify the means, the law limits the conduct alleged in this story.”

“Apparently, this same goal of dismantling Mexican drug cartels motivated the Drug Enforcement Administration in aiding and abetting these same cartels in laundering millions of dollars in cash,” Issa continued. “In fact, The New York Times reports that agents needed to seek Department approval to launder amounts greater than $10 million in any single operation.”

Issa wrote that, according to the report, many agents said the $10 million requirement was frequently “waived” because it was treated more like a guideline. He said that means “hundreds of millions of dollars” could’ve been “laundered” into the hands of drug cartels by the Obama administration and Holder’s Justice Department. (Click here to read the rest.)

This just gets worse and worse with every passing day. The NY Times article stated that the DEA did this in order to see how the drug cartels move their money. Because I am sure the DEA/DOJ just couldn’t figure it out any other way than laundering potentially hundreds of millions of dollars. This isn’t just folly, this is sheer insanity, and it starts at the top – all the way to the top with Obama, who is still standing behind Holder. Hell, he picked him in the FIRST place, so that tells you something right there.

And speaking of following the money, former NJ Governor and US Senator, Jon Corzine, is about to be on the hot seat this Thursday regarding the disappearance of $1.2 BILLION of investors’ money at MF Global. That is all bad enough, but like the “Fast and Furious” program, with every day, more information leaks out. Now it seems that Corzine threatened to quit his post if he was not allowed to throw money into European bonds.

And you may recall, Jon Corzine played an integral part in helping this Administration as evidenced by both President Obama and VP Biden heaping praise on Corzine in this video:

Click here to view the embedded video.

Well, I think that explains a LOT, doesn’t it? But there is oh, so much more on this issue. Guess who sits on the advisory board of the PR Firm that worked for MF Global, and which provided financial advice to MF Global? That would be President Clinton. Former PM Tony Blair, too, but that’s the U.K.’s problem. The company, Teneo Holdings, was paid $625,000 for it’s work with MF Global:

[snip] Clinton’s office insists the former president did not profit from the relationship between MF Global and Teneo Holdings, where he is chairman of the advisory board. But Teneo, on whose advisory board former British Prime Minister Tony Blair also sits, was paid $125,000 a month for at least five months in one of MF’s biggest consulting arrangements, according to sources at the brokerage house.

The relationship was controversial within MF Global even before the company’s financial problems hit the news as executives questioned why an outside firm was needed for work that had long been done in-house.

“I don’t know what they did,” one MF source said. “It was always unclear.” (Click here to read the rest.)

Yes, Obama and Biden’s financial guru will be spending some quality time in front of Congress trying to explain why he was so gung-ho about investing in European bonds, and how $1.2 Billion of investors’ money disappeared.

The workers at MF Global want to know, too, and are suing the executives who ran MF Global into the ground. Serves them right. I hope the workers get a ton of money from them.

I hope Rep. Issa and Congress continues to follow these money trails to the very end. And I hope some of these folks, like Holder and Corzine, end up in a room cell of their own. They deserve nothing less, don’t you think?

Cough. I could barely type that out.

I guess he will just have to drag himself off the golf course (he has already played 88 games in his short time in office). Who could forget this iconic picture of the adults in the room when Seal Team Six was going after Osama bin Laden, and Obama sitting there in his golf clothes (photo courtesy of geneveith.com):

So, while Obama is off vacationing in the sun and surf, he admonishes Congress to stay in town and get things worked out for the extended tax cuts, according to The Hill, while blaming the Republicans for everything (forgetting -again – that the Senate is controlled by Dems):

[snip] “We’re going to keep pushing Congress to make this happen,” Obama said. “They shouldn’t go home for the holidays until they get this done.”

The president called out congressional Republicans for stalling legislation aimed at helping create jobs and spur the economy.

“Unfortunately, too many Republicans in Congress don’t seem to share that same sense of urgency,” he said. “Over the last few months, they’ve said ‘no’ to most of these jobs bills. ‘No’ to putting teachers and firefighters back to work. ‘No’ to putting construction workers back on the job. And this week, they actually said ‘no’ to cutting taxes for middle-class families.” (Click here to read the rest.)

I don’t know about you, but it seems to me that it is a bit hard to take someone’s admonition to work harder when Obama has consistently been absent from the big decisions. He has been so busy campaigning on our dime, or hiding upstairs in his room, watching sports, that he is HARDLY in any position to criticize the working habits of anyone else. IMHO, that is.

I reckon while the rest of the nation is worrying about paying its bills, or where their next meal is coming from, or how they will be able to get toys for their kids, much less heat their houses, Obama will be kicking back drinking a Mai Tai with a cute little umbrella on the sunny sandy shores of Hawaii with this exhortation:

Click here to view the embedded video.

And if you can’t be happy with all that is going on in the nation, just do what Obama does – blame the Republicans!

Open Thread, have at it!

There is a reason why I am mentioning this. I just have to share what one of the owners of the development said while we were chatting. She said she didn’t know where we stood politically, but that for their purposes, they were really glad Obama was president. Why? Because a whole bunch of Americans are buying property down there. People are upset that they may be taxed up to (and above?) half of their income. The developer went on to say that she wasn’t just talking about people who were wealthy, but like a plumber who had worked hard all of his life, and saved his money for his retirement.

I told her that I am okay with being taxed up to 30% (which she thought was exorbitant), but any more than that seemed excessive, especially when there are so many corporate loopholes that need to be plugged, not to mention those who commit tax evasion (like Charlie Rangel and Timmy Geithner, to name two). Since we are regular donors to a number of worthy causes of OUR choice, we want to be able to continue giving to those organizations rather than the government taking half (or more) of our income.

Anyway, I thought that was pretty interesting to hear from her, and telling, too.

Seems those OWSers are still hanging around. Yawn. Glad Philly arrested a bunch of them. How they have gotten so much ink and air time on so vague a message is beyond me, but that’s our media. Go figure.

It’s kinda like the AP story I saw today highlighting the debate flubs of the Republican candidates, “Fact Check: GOP Field Flubs, Big And Small.” I am not suggesting that the media NOT cover these things, of course they should. But if they are going to highlight the GOP flubs, they sure as hell better highlight the DNC flubs, too. Obama easily has as many malapropisms as Bush, though you’d never know it from the MSM. And while this article is focusing on Civics, one could easily focus on Obama’s claim that if Congress won’t act, he will independently of them. Talk about a blatant disregard for the Constitution at best, and ignorance of the three branches at worse. Never mind the Great Lakes in Oregon, or the 57 states, or any number of malapropisms from Obama. Only the GOP flubs are fodder for the media. Whatever.

And one last thing I want to mention, speaking of the media. If you have already heard about this while I was gone, my apologies. But get this – Holder is telling The Daily Caller to stop reporting on the calls for him to resign. I am not kidding. But what is WORSE is that those in the media whose job it is to be watchdogs for this kind of thing are just ignoring Holder’s attempt at censorship. Huh? From The Daily Caller:

[snip] The groups’ silence contrasts with their vigorous defense against Republican critics of the news media, and contrasts with the praise given to the media’s aggressive coverage of decisions by officials in George W. Bush’s presidency.

The media watchdogs’ silence comes as President Barack Obama’s administration faces political peril with public approval having fallen to the level held by President Jimmy Carter. A Holder resignation would likely add to the administration’s immediate problems, and increase the GOP’s 2012 momentum.

Attorney General John Ashcroft “never asked a reporter to stop reporting on a subject, no matter how uncomfortable it may have been,” said Mark Corallo, who served as Ashcroft’s press secretary during his 2001 to 2005 term, when many media articles painted Ashcroft as a proponent of excessive police powers after 9/11.

“If you can’t stand the heat, get out of the kitchen. … We understood that we would take a lot of heat,” he said. “Freedom of speech and of the press — our wonderful First Amendment — allowed the media to cover things that made us uncomfortable.”

The controversy began on Nov. 29, when TheDC’s reporter asked Holder about congressional calls for his resignation. The question prompted the nation’s top law enforcement official to point his finger at the reporter and demand that “you need to stop this. It’s not an organic thing that’s just happening. You guys are behind it.”

“I don’t recall [Attorney General Alberto] Gonzales ever talking with a reporter like that — ever,” said a former department official. In 2007, Gonzales was subject to numerous critical articles following Democratic legislators’ investigations into the administration’s decision to fire several district attorneys, all of whom had earlier been hired for political slots by the same administration. [snip] (Click here to read the rest, which includes specifics about just what the media “watchdogs” did report on after this attempt to silence The DC.)

Uh, yeah, no. And believe you me, I was all over anything negative (IMO) the Bush Administration did, and Gonzales in particular. But I don’t recall Ashcroft or Gonzales trying to silence factual reports of their activities, or calls for resignations, either.

Okay, that’s it for me for now. Too many interruptions with the tree guys here and the fence being delivered, etc., etc. So, it is up to you now. What’s on your minds?

The topic of his recent speech? How the Republicans will be GRINCHES if they do not pass pass the extension for Payroll Tax and Unemployment Benefits. This was one of the issues the Super Committee was supposed to undertake before their Super Fail.

Really? Yep, really – he said it:

Click here to view the embedded video.

Okay, maybe not just like that, but pretty close:

[snip] “Tell them, ‘Don’t be a Grinch.’ Don’t vote to raise taxes on working Americans during the holidays. Put the country before party. Put money back in the pockets of working families. Do your job. Pass our jobs bill,” Obama told the crowd of roughly 1,300.

“If Congress refuses to act, then middle-class families are going to get hit with a tax increase at the worst time. … We can’t let that happen. Not right now. It would be bad for the economy. It would be bad for employment,” Obama said. “Are they really willing to break their oath to never raise taxes, and raise taxes on the middle class just to play politics? [snip] (Click here to read the rest.)

This from the most partisan president I can recall in years. And never mind that the Senate refuses to even consider the 22 bills the House has sent on jobs, or that it hasn’t bothered to pass a budget in years. It is ALL the Republicans fault. Even though the Democrats control two houses. And never mind that Obama was AWOL from the whole proceedings.

As I understand it, one of the biggest sticking points for the Republicans was the increase in taxes the Democrats kept pushing, as opposed to closing loopholes, which is what the Republicans were pushing (as in, you don’t raise taxes during a recession). So, first it is the Republicans’ fault for not going along with tax hikes, and now it is their fault that tax extensions weren’t passed.

Oh, and never mind that Obama blew off everything his OWN committee suggested. Talk about a monumental waste of time. Hmmm – I wonder, did we pay those people to do that? Because if we did, that, too, was a waste of money. Even when Sen. Toomey presented some of the committe’s recommendations, the Democrats would hear nothing of it.

But the Republicans are the obstructionists. Got it? That is the message. And it was intended all along. This whole Super Committee was destined to fail from the get-go, to achieve exactly what Obama wanted: Talking Points.

I think Obama has elevated talking out of both sides of one’s mouth to an art form.

Meanwhile, Obama is all to ready to cut the budget in one area: Defense. Despite the plea from pleas from Defense Secretary Panetta that Obama not do this, Obama has threatened to veto any attempt to remove that trigger. Yes, Defense Secretary Panetta said to cut the budget by as much as is planned would have devastating consequences to our National Security:

[snip] During the months the super committee deliberated, Panetta consistently urged lawmakers not to reduce national security spending beyond the more than $450 billion already approved by Congress in August.

Panetta said he had made clear the Pentagon had a responsibility to help the United States get its fiscal house in order, but added his primary responsibility as secretary of defense “is to protect the security of the nation.”

The Pentagon’s ability to provide benefits and support for U.S. troops and their families also would be jeopardized if the automatic cuts are allowed to go into effect, he said.

“Our troops deserve better, and our nation demands better,” Panetta said.[snip] (Click here to read the rest.)

And to that, Obama essentially says, tough – blame it on the Republicans. It’s all their fault. Everything is all their fault. The Democrats are completely blameless in this discussion.

Got it. That’s the campaign in a nutshell. Evidently, we are supposed to have collective amnesia that the Democrats controlled all three houses for the first two years of Obama’s tenure. But hey – playing dirty is what Obama has done throughout his entire political career, from the very first run getting everyone thrown off the ballot to having divorce records of his opponents – Republican AND Democratic – revealed, to race baiting from early on in his career to this day. Check out this interesting video, which includes Obama from 1995. It is very telling indeed:

Click here to view the embedded video.

WOW. Just wow. Oh, and while it would take too long to go through everything he said, but unemployment in the African American community has increased to its highest level in 27 years since Obama too office. Just sayin’.

But that’s how he rolls. And I’m ready for him to roll on outta the White House. How about you?

And just who are these Democratic pollsters, one might ask? Well, Patrick Caddell, for one, and Douglas Schoen for another. Now, I admit right up front that I am a bit partial to Patrick Caddell. Not only is he from a city in SC, close to the NC border, but he tells it like it is whether it is beneficial to his party or not, a rare find in today’s political exceedingly partisan world. Schoen is no slouch in that department, either, and I respect him as well.

And now to their headline-grabbing claim:

[snip] “He should abandon his candidacy for re-election in favor of a clear alternative, one capable not only of saving the Democratic Party, but more important, of governing effectively and in a way that preserves the most important of the president’s accomplishments. He should step aside for the one candidate who would become, by acclamation, the nominee of the Democratic Party: Secretary of State Hillary Clinton,”Caddell and Schoen wrote.

[...]

“One year ago in these pages, we warned that if President Obama continued down his overly partisan road, the nation would be ‘guaranteed two years of political gridlock at a time when we can ill afford it.’ The result has been exactly as we predicted: stalemate in Washington, fights over the debt ceiling, an inability to tackle the debt and deficit, and paralysis exacerbating market turmoil and economic decline,” they write.

Caddell and Schoen say they write as “patriots and Democrats” who are concerned for their country, and they do not expect to play a direct role in any possible Clinton campaign. (Click here to read the rest.)

Holy moley – see what I mean? Telling it like it is. I happen to think they are 100% correct in their conclusion. Obama is the most partisan president I have ever seen, and his use of the Super Committee as a campaign talking point makes the case. As I have stated previously, this is NOT the time to play party politics. This is the time to work to save the nation, and we all have to work together toward that end. Yet, Obama refuses to accept any recommendations of the very committee he put together (Simpson Bowles), and the Democrats refuse to hear plans based on those recommendations because they come from – the horror – a Republican (Toomey). Sheer insanity.

One interesting twist to this drumbeat for Obama to step down from a re-election campaign is who the pollsters mentioned above think should take his place: Hillary Rodham Clinton. From their piece in the Wall Street Journal:

[snip] He should abandon his candidacy for re-election in favor of a clear alternative, one capable not only of saving the Democratic Party, but more important, of governing effectively and in a way that preserves the most important of the president’s accomplishments. He should step aside for the one candidate who would become, by acclamation, the nominee of the Democratic Party: Secretary of State Hillary Clinton.

Never before has there been such an obvious potential successor—one who has been a loyal and effective member of the president’s administration, who has the stature to take on the office, and who is the only leader capable of uniting the country around a bipartisan economic and foreign policy.[snip] (Click here to read the rest.)

Interesting, no? But in the same breath as why she should be the nominee, is why many of us would have problems with this successor: Clinton is a loyal member of the Obama Administration. Uh, yeah…

Now, most of us also know that Clinton should have been, and would have been, the 2008 Nominee had the DNC and Obama Campaign not engaged in a tremendous amount of well-documented shenanigans, some illegal, and others unethical and immoral. Not only did the DNC violate the law in 13 states (see jbjd’s excellent report on this), but their machinations 5/31/08 to steal lawfully cast votes from Clinton to give to Obama was the last straw for many dyed in the wool, yellow dog Democrats, like myself.

But that was then, and this is now. Though I have to say, I do like the idea of not having to hear Obama continue his Us/Them attacks for another freakin’ year. I would be MORE than happy for him to just throw in the towel now. And he can take Michelle “I Pay $15,000 A Day For Makeup” Obama with him. Oh, wait – SHE doesn’t pay it. WE pay it. And that is a helluva lotta coin for MAKEUP. IMHO, that is.

So, yeah – I agree with Caddell and Schoen that it’s time for them to take their leave from DC. How about you?

But the numbers don’t stop there. Here’s another number for you: 11/3/10. That would be the date the Obama Administration’s DOE apparently wanted Solyndra to wait for its announcement of layoffs. Yep, they wanted to hold that little piece of information until after the elections to help skew them. Nice. Another date to bear in mind is: 11/17/11. That is when Secretary Chu will be facing the music in front of the Senate about all of the Solyndra machinations.

Speaking of Solyndra, fully 80% of the Stimulus money for Green Energy went to Obama donors. That’s EIGHTY percent of our dollars. Here are just a few examples from “Throw Them All Out,” Schweizer’s new book: Bright Source Venture Partner raked in a $1.6 Billion loan, and its Senior Adviser is Robert Kennedy, Jr. Obama’s current Deputy Assistant, Michael Froman, bundled $200,000 – 500,000, and for his efforts, not only did he get a job in the White House, but the company for which he had been COO received a tidy loan in the amount of $737 million dollars. Then there is Nancy-Ann DeParle, White House Deputy Chief of Staff. Before her WH job, she was the Managing Director of CCMP Capital, and the company for which she was a majority owner, Granite Reliable Wind Generation, received $168.9 million in our tax dollars. Yep, Obama’s bundlers have made out like bandits with our money.

Of course, these little paybacks with our money fly in the face of yet another promise broken by Obama, also highlighted in the book, “Throw Them All Out”:

When President-elect Obama came to Washington in late 2008, he was outspoken about the need for an economic stimulus to revive a struggling economy… After he was sworn in as president, he proclaimed that taxpayer money would assuredly not be doled out to political friends…

…But an examination of grants and guaranteed loans offered by just one stimulus program run by the Department of Energy, for alternative-energy projects, is stunning. The so-called 1705 Loan Guarantee Program and the 1603 Grant Program channeled billions of dollars to all sorts of energy companies…

…In the 1705 government-backed-loan program [alone], for example, $16.4 billion of the $20.5 billion in loans granted as of Sept. 15 went to companies either run by or primarily owned by Obama financial backers—individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party. The grant and guaranteed-loan recipients were early backers of Obama before he ran for president, people who continued to give to his campaigns and exclusively to the Democratic Party in the years leading up to 2008. Their political largesse is probably the best investment they ever made in alternative energy. It brought them returns many times over.

Uh huh. That seems to be all Obama has done – reward his donors with our money, and with cushy White House jobs to boot. It’s a Numbers Game, alright, but with Obama at the helm, the numbers just ain’t adding up.

Check that – the numbers have added up, but way too much. In just three short years, $4 trillion in debt has been accrued under Obama’s “leadership.” Those are numbers, and leadership, we can do without…

Peter Schweizer has written a new book, Throw Them All Out: How Politicians and Their Friends Get Rich Off Insider Stock Tips, Land Deals, and Cronyism That Would Send the Rest of Us to Prison (available soon through Amazon). In it, he details some mighty interesting observations about how much Obama’s cronies have benefited since he took office. The Daily Beast had an excerpt, some of which I will share with you here, beginning with this:

When President-elect Obama came to Washington in late 2008, he was outspoken about the need for an economic stimulus to revive a struggling economy. He wanted billions of dollars spent on “shovel-ready projects” to build roads; billions more for developing alternative-energy projects; and additional billions for expanding broadband Internet access and creating a “smart grid” for energy consumption. After he was sworn in as president, he proclaimed that taxpayer money would assuredly not be doled out to political friends. “Decisions about how Recovery Act dollars are spent will be based on the merits,” he said, referring to the American Recovery and Reinvestment Act of 2009. “Let me repeat that: decisions about how recovery money will be spent will be based on the merits. They will not be made as a way of doing favors for lobbyists.”

Really?

[...]

Nevertheless, a large proportion of the winners were companies with Obama-campaign connections. Indeed, at least 10 members of Obama’s finance committee and more than a dozen of his campaign bundlers were big winners in getting your money. At the same time, several politicians who supported Obama managed to strike gold by launching alternative-energy companies and obtaining grants. How much did they get? According to the Department of Energy’s own numbers … a lot. In the 1705 government-backed-loan program, for example, $16.4 billion of the $20.5 billion in loans granted as of Sept. 15 went to companies either run by or primarily owned by Obama financial backers—individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party. The grant and guaranteed-loan recipients were early backers of Obama before he ran for president, people who continued to give to his campaigns and exclusively to the Democratic Party in the years leading up to 2008. Their political largesse is probably the best investment they ever made in alternative energy. It brought them returns many times over.

Shocking, isn’t it? I know none of us should really be surprised. There is so, so much more, even to this excerpt, which I encourage you to read in its entirety.

But I have just one more, pertinent to this whole issue of “green” technology companies: [snip]

One might think that the Department of Energy’s Loan Program Office, which has doled out billions in taxpayer-guaranteed loans, would be directed by a dedicated scientist or engineer. Or perhaps a civil servant with considerable financial knowledge. Instead, the department’s loan and grant programs are run by partisans who were responsible for raising money during the Obama campaign from the same people who later came to seek government loans and grants. Steve Spinner, who served on the Obama campaign’s National Finance Committee and was a bundler himself, was the campaign’s “liaison to Silicon Valley.” His responsibilities included fundraising, recruiting more bundlers, and managing Obama’s relationship with a cadre of very wealthy donors. After the 2008 campaign, Spinner joined the Department of Energy as the “chief strategic operations officer” for the loan programs. A lot of the money he helped hand out went to that same cadre of wealthy Silicon Valley campaign donors. He also sat on the White House Business Council, which is made up of Obama-supporting corporate executives.

Again, Mr. Schweizer’s book will be out Nov. 15, from Houghton Mifflin Harcourt Publishing Company. It would make a great stocking stuffer.

But it is not just green companies which are benefiting from Obama’s largesse at our expense. Over the weekend, news broke that the Obama Administration has spent $443 MILLION of our taxpaying dollars to purchase a smallpox vaccine. You read that right – SMALLPOX vaccine. If you are thinking, “I thought that had been essentially eradicated,” you would be right. What is worse, though, is that this particular vaccine has not even been tested yet, and might not even work. Why, then would our government be spending so much money? You know the answer. From the LA Times:

[snip] Senior officials have taken unusual steps to secure the contract for New York-based Siga Technologies Inc., whose controlling shareholder is billionaire Ronald O. Perelman, one of the world’s richest men and a longtime Democratic Party donor.

When Siga complained that contracting specialists at the Department of Health and Human Services were resisting the company’s financial demands, senior officials replaced the government’s lead negotiator for the deal, interviews and documents show.

But wait – it gets worse:

When Siga was in danger of losing its grip on the contract a year ago, the officials blocked other firms from competing.

That’s right – it was a NO-BID contract:

Siga was awarded the final contract in May through a “sole-source” procurement in which it was the only company asked to submit a proposal. The contract calls for Siga to deliver 1.7 million doses of the drug for the nation’s biodefense stockpile. The price of approximately $255 per dose is well above what the government’s specialists had earlier said was reasonable, according to internal documents and interviews. (Click here to read the rest of this excellent article.)

Are you freakin’ kidding me?? Never mind that the nation already has enough smallpox vaccine to vaccinate every man, women, and child should it ever rear its ugly head again ($1 billion worth, according to the LA Times article), but they don’t even know if this new one even WORKS!

Wow. So glad Obama feels free to let our money run through his fingers like water. I am glad, though, that there are intrepid reporters out there ferreting out this information, from Peter Schweizer to David Willman at the LA Times, at least some people will not let this go under the radar. Nor should it – this is OUR money, and our nation is in a terrible economic fix. For Obama to act as if there is an unending pot of our money to pay back his donors is simply wrong, and must be stopped.

And these companies can start paying us back any ol’ time. What do you think?

Click here to view the embedded video.

The Daily Caller also emphasized these aspects of the ad:

[snip] Obama won the primary in a landslide. He easily won the 2004 election against a weak GOP opponent, after his main GOP rival quit the race when a Democratic-appointed judge unsealed damaging divorce testimony.

The 2004 video also showcases several recurring features of Obama’s speeches — his use of the passive tense to glide past controversial issues, his passive-aggressive portrayal of himself as the reasonable moderate among extremists, and his promises of benefits without costs.
[...]

He cites his attendance at Trinity United Church of Christ without mentioning the controversial pastor, Jeremiah Wright.

[...]

He uses the passive tense to mention his 1996 race for a state Senate seat. That passive-voice phrase — “seven years ago, this opportunity came up to serve in the General Assembly in Illinois” — avoids any mention of the sharp-elbowed tactics that he used to snatch the seat from a veteran, female African-American Democratic incumbent.

[...]

“If there is an Arab American somewhere getting rounded up by [Attorney General] John Ashcroft, without benefit of an attorney or due process, that threatens my civil liberties even if I am not an immigrant,” he declares, three years after the 9/11 attacks. Ashcroft was not “rounding up” Arab immigrants in 2004, but was actually resisting efforts by police agencies to expand surveillance. (Click here to read the rest.)

Oh, what a walk down Memory Lane this provoked, including some of the underhanded tactics Obama’s camp employed in addition to what was mentioned above. And as the article notes, Obama enthusiastically mentioned his active participation in his church. Yep, good ol’ TUCC with that paragon of Christian virtue, Rev. Jeremiah Wright. As a reminder, here’s a bit more on TUCC and Wright:

Click here to view the embedded video.

Note that his “US-KKK-of-A” speech was in 2003, the year before this ad came out. Oh, and yes, he has retired now, to his million dollar mansion in a “white suburb.” Uh, yeah. And of course, it just reminds us of how many of Obama’s associates like Rezko, Father Fleger, Auchi, Khalidi, Meeks, et al., were allowed to slip on by our “esteemed” media…

I urge you to read the rest of the article to make sure you catch all of he nuances of Obama’s 2004 ad compared to his rhetoric today. It is mighty interesting.

And since it is Sunday, I have to leave you with something fun to bring a smile to your faces. This clip is from Jimmy Kimmel, getting parents to play a bit of a trick on their children post Halloween:

Click here to view the embedded video.

Hilarious!

This is an Open Thread. Have a great day, everyone.

Seriously, Mr. President – put down the crack pipe. We are better off now than we were four years ago? For real? I’m with Speaker Boehner on this when I ask, “are you kidding me?” Boehner continued:

“Why don’t you go ask the 14 million Americans who are out of work whether they’re better off today than they were four years ago?”

Excellent idea, Speaker Boehner. I think we all know what they might say.

But again, don’t take my word for it. Here are just a few of the ways in which we are NOT better off under Obama’s policies than four years ago (H/t to Republican Security Council):

I think that pretty much sums it up, don’t you? I don’t know what President Obama has been smoking, but he needs to stop if he truly believes our nation is better off now than we were four years ago. Nothing could be further from the truth.

So, what’s on your mind today? The House voting to subpoena the White House in relation to Solyndra? The Inspector General investigating over 100 loans made by the Energy Department? The media’s obsession with anonymous allegations against Cain, along with his actually getting snippy with reporters? The convoluted way the media presents “support” for the OWS, like this headline from CNN, “More Americans Supporting Occupy Wall Street**“? (Hint – they put the higher number of people who have HEARD of it at the top, and the much lower number of those who support it further down. How could people NOT have heard of it with the incessant coverage of it??) Up to you – let’s hear it!

**Update: Oops, the new Quinnipiac Poll shows more people have an unfavorable opinion of the OWS folks, so maybe not such a great idea for the Democrats to support it, according to this National Journal piece.

You might recall, Obama tried this very same phrase back in 2008 with John McCain. It didn’t get much traction then, but that hasn’t stopped Obama from trotting it back out now, trying to scare the crap out of people and malign the Republicans all at the same time.

And may I digress for a moment and say, this whole thing about forgiving student loans at OUR expense pisses me off. I just paid off my student loans last month. I am not kidding. It is expensive to go to graduate school in New York City and Boston, but I did it because that is what I needed to do for ordination. No one forgave my loans, no one helped pay off my loans, and I damn sure didn’t ask my fellow taxpayers to cover the debt I CHOSE to incur. Just sayin’. Frankly, I do not think MoveOn.org should be dictating our public policy. But that’s me.

Ahem. But that is precisely what Obama is talking about doing in his current jaunt around the country at our expense, trying to get back the 20-somethings who have become disenchanted with The One. But it is not just at our financial expense, but at the expense of our Constitution. There is a reason we have checks and balances, and it is precisely to keep the president from acting as King. But that is not stopping the so-called Constitutional Scholar in Chief. No sirree. His claims belittling Republicans and Congress have gotten out of hand, and his rhetoric is negative, to put it mildly.

One Congressman who is not taking it sitting down is Rep. Paul Ryan. Ryan is fighting back against Obama’s allegations that the reason he willfully plans to violate the Constitution (and just WHEN is someone going to call him on that) is because those horrible Republicans will not pass any of his plans, damn their eyes. Not only does Ryan speak out against the plans, but claims, rightfully, IMHO, that Obama is “sowing social unrest.” I could not agree with him more (Photo by US Embassy Kabul):

“Instead of working together where we agree, the president has opted for divisive rhetoric and the broken politics of the past,” Ryan will say, according to speech excerpts. “He is going from town to town, impugning the motives of Republicans, setting up straw men and scapegoats, and engaging in intellectually lazy arguments, as he tries to build support for punitive tax hikes on job creators.”

“Pitting one group against another only distracts us from the true sources of inequity in this country – corporate welfare that enriches the powerful, and empty promises that betray the powerless,” Ryan also plans to say.

[...]

“Instead of appealing to the hope and optimism that were hallmarks of his first campaign, he has launched his second campaign by preying on the emotions of fear, envy, and resentment,” Ryan says, according to his prepared remarks.

“This has the potential to be just as damaging as his misguided policies. Sowing social unrest and class resentment makes America weaker, not stronger. Pitting one group against another only distracts us from the true sources of inequity in this country – corporate welfare that enriches the powerful, and empty promises that betray the powerless.” (Click here to read the rest.)

You tell ‘em, Rep. Ryan – that is PRECISELY what Obama is doing. He is playing people off each other, threatening them with doom and gloom should they not keep him in the White House, like the past 3 years have been anything to crow about (continued high unemployment, continued low house sales, escalating health costs, etc.).

Obama’s fear-mongering in an attempt to keep people in his camp is disingenuous at best, especially given his lack of effort in actually working with the House, and his convenient amnesia that the Senate is controlled by Democrats. I am glad Rep. Paul Ryan is standing up to Obama, and calling him out on his divisive rhetoric. It reminds me of why I wish he was running for president. Someone who actually has a grasp of economics seems like a mighty good choice to me right now, not to mention someone who doesn’t antagonize half of the nation.

But hey, that’s Mr. Unity Hope and Change for you – you can bet if he says something, the exact opposite is the case, at least as far as I can tell. How about you?

Meanwhile, now that Libya has made it clear that they are in a Sharia frame of mind, concerns are escalating about how things are going to turn out in the Middle East. Add to that Afghanistan saying they will stand with Pakistan against the United States, if push comes to shove. Oh, yippee. More good news from the diplomatic efforts of this Administration. Ahem.

Back here in the good ol’ US of A, seems folks are not too optimistic about the outlook of the country. In fact, over two thirds of voters feel the nation is in decline. Wow. That is pretty significant. Americans have been an optimistic bunch generally. We have believed if we worked hard enough, we could achieve great things. Now, not so much. That is a sad state of affairs, indeed.

Okay. Just getting us started. What is on your minds?

Wow. Don’t you just love it when the president is all kumbaya and stuff? Doesn’t it make you all warm and fuzzy when he is so bipartisan? Uh huh, sure. Here he is, in his own words (or whoever writes this crap and slaps it on TOTUS):

President Obama launched a three-day bus tour through two states critical to his 2012 reelection campaign by kicking Senate Republicans for blocking his jobs bill, saying he is breaking up his plan because “maybe they just couldn’t understand the whole thing at once.”

Right. That’s the problem with it. Not that the plan sucks, or is yet another stimulus bill, like the other one worked Oh-so-well.

He wasn’t done yet:

“I need you to give Congress a piece of your mind,” Obama said. “These members of Congress work for you. If they’re not delivering, it’s time to let them know.”

Obama also discussed the Republican jobs plan, called the “Real American Jobs Act,” saying it “boils down to a few basic ideas: they want to gut regulations, they want to let Wall Street do whatever it wants, they want to drill more and they want to repeal healthcare reform.”

The president said that the Republican plan means “dirtier air, dirtier water, less people with health insurance.”

“So far, at least, I feel better about my plan,” Obama said. (Click here to read the rest.)

Here’s the thing, Mr. Obama. The Senate is actually controlled by the Democrats (as one astute commenter noted). You are aware of that, aren’t you? If not, maybe you shouldn’t be casting stones about who isn’t the brightest bulb in the pack. Just sayin’.

In another classic Obama flip flop, the president is now claiming he is all for the long term care provision in his terrible Obamacare law (pushed through solely by Democrats, just to remind everyone, against the wishes of the vast majority of Americans – and he is saying the Republicans don’t get it? Gotcha). Yes, just last week, his Administration acknowledged this about the “CLASS Act”:

The administration announced late Friday it did not see a way to make the long-term care CLASS Act, which was crafted by the late Sen. Edward Kennedy (D-Mass.), pay for itself. But perhaps even more damning is how the White House mishandled the controversy; consumer advocates accused the administration of being disingenuous and gutless.

But that was then, this is now:

“We do not support repeal,” said White House spokesman Nick Papas. “Repealing the CLASS Act isn’t necessary or productive. What we should be doing is working together to address the long-term care challenges we face in this country.”

Huh? Which one is it, exactly? Repeal it or leave it?

Senator John Thune had this to say about the initial admission that this was a terribly flawed plan:

After ignoring repeated warnings from my Republican colleagues and me about the fiscal solvency of the CLASS Act, the Obama Administration jammed Obamacare through Congress in order to score a political win. Now, over a year later, the administration is finally admitting the CLASS Act entitlement is unsustainable and cannot be implemented. Simply setting aside the program for the near-term is not enough. Repeal is the only solution to ensuring American taxpayers will not be on the hook in the future for this disastrous entitlement.

And before Obama opened his big mouth to say he DOESN’T want the CLASS Act removed, there was this acknowledgment from the White House (according to The New Republic) about the repeal:

It’s worth noting that, behind the scenes, the administration was never wild about CLASS. Internally several officials argued against including it, precisely because they were worried about the finances and sustainability. But some supported it, partly because the case for action was so unambiguous. Harold Pollack, the University of Chicago professor and regular TNR contributor, put it well when he said “CLASS seeks to address a huge need – helping disabled men and women live with dignity in their own homes.”

And skeptical administration officials took solace in the fact that, thanks to a provision inserted by Senator Judd Gregg of New Hampshire, the Secretary of Health and Human Services had discretion to modify the program if, upon further consideration, it appeared unlikely to remain stable. It’s precisely that authority that HHS Secretary Kathleen Sebelius exercised last week. (For more details on the administration’s thinking, see Sarah Kliff‘s account in the Washington Post.)

I see. They didn’t really like it, but figured they would shove it through anyway, and muck around with it if they took too much heat for the expense of it. I see. Oh, wait – no, I don’t. Again, I guess this is what happens when they shove a law down our throats without truly considering the implications or the real costs.

As for where Obama stands now, which one is it? Obama wants it, he doesn’t want it, he wants it, he doesn’t want it. I guess it depends on the day and which way the wind is blowing, or how many petals the daisy has.

What I do know is that people in glass houses shouldn’t throw stones, and that is precisely what Obama is doing. He can’t even decide within a couple of days where he and his Administration stand, and he is attacking other people’s intelligence? Please.

I guess I should not be surprised at Obama’s massive flip flop on this. The initial reaction about how crappy an expensive a plan this was was probably one of the more honest things that came out of this White House, so naturally, Obama had to try and walk it back. Ahem. Thank heavens for TOTUS, huh?

And speaking of TOTUS, isn’t it great that Obama had some spares since the truck full of the podiums and stuff got stolen in Virginia? I am not kidding, and no, this isn’t from The Onion. They really did get stolen. It does beg the question, though – just how many of these things does this guy have? The truck the thieves made off with had about $200,000 worth of equipment in it. Just remember, folks, all these TOTI (I assume that is the proper Latin plural form) are YOUR tax dollars at work. He had MORE than the $200,000 worth of audio and TOTUS equipment in that truck. Good grief, how many does he really need?? And, how the hell was the truck stolen in the first place???

One thing all of this highlights is just how free and easy Obama is with OUR money. Frankly, I am pretty sick of it, and pretty sick of the disparaging remarks directed at anyone who doesn’t toe the Obama line. That’s no way to lead, and no way to govern. Enough of the badgering and bad mouthing, Mr. President. Try a little civility and honesty for a change. I suppose I can count on that happening about the same time I get my unicorn, right?

And speaking of talking, or should I say, gaffing, once again, Vice President Biden opened his mouth and a bunch of BS came spewing forth:

Click here to view the embedded video.

As for the Jobs Bill, it seems it is nothing more than political theater, as Megan McArdle highlights in The Atlantic:

If the president were serious about providing stimulus, he would pay attention to the work of his old CEA chair, and pay for the jobs bill by decreasing the growth rate of something-or-other in the future by 0.2%. This is also what he would do if he were serious about getting any part of it through Congress. Instead he is apparently sending them a less-stimulative bill designed to be maximally embarrassing to the GOP–which by definition means minimally politically viable.

You can say that Obama has no choice, because the GOP is just so damn obstructive that they won’t pass anything anyway. As it happens, I disagree–I don’t think that he could have gotten the whole thing through, but the GOP would probably have given him a few pieces to avoid looking like total jerks, and while that might not have done too much for Obama’s re-election chances, it probably would have meant a lot to the schmoes trying to make their mortgage payments in a tough economy.

But say it’s true. If it is, I really wish that Obama hadn’t wasted my Thursday evening, and that of 31 million other Americans, listening to a jobs plan that was only designed to produce one job–a second term for Barack Obama. I mean, I don’t blame him, exactly. But I get a little pang when I realize that I could just as well have spent that time bleaching the grout in the master bath. (Click here to read the rest.)

Uh, yeah, bleaching grout, washing one’s hair, watching grass grow, any number of things would be more enjoyable than watching Obama blather on and wading through this piece of “theater.” Not to mention Obama’s taking this opportunity for Obama to do little more than go around the country attacking Republicans. Oh, he’ll go easy on Iran in his threats, mind you, but he has no qualms giving hell to the Republicans, as Stephen Hayes pointed out on Thursday night’s “Fox All Stars” (10/13/11). Yep, Obama has his priorities in order.

Speaking of jobs creation, some enterprising thieves in our area created their own jobs. Our local Publix and another store had to shut down part of their stores because thieves stole the copper lines out of the freezer refrigeration systems. Needless to say, not only was this a rather brazen theft, and one where the thieves had to climb on top of the stores, but it was a great inconvenience to shoppers. Even more than the inconvenience was the tremendous loss of products for the stores. They could not sell meats, dairy, seafood, or frozen items due to “safety concerns.” Can you imagine how much money these stores lost because of these thefts? Wow. People. Sheesh.

What a day, huh? No doubt there are more stories out there. Feel free to share. But I can’t leave it at this, with all this crapola about Obama, Solyndra, and Copper Thieves. I have to share the funniest kitten video I have seen in a while. Hey, it’s Saturday, and I am sure we can all use a break (you must put on the sound – it really makes it):

Click here to view the embedded video.

Hope that gave you a laugh. I am sure we can all use one!