Obama should be ashamed ?

One of the more interesting articles I came across today was an article in "Forbes Blogs" by  a writer named John Mariotti. I don't know John, but this one caught my attention because it goes right to the heart of the of what many Americans, see as the crucial issue in America today, division, polarization, and a country that seems to be hopelessly divided.

John writes a good, seemingly balanced, article that pretty much identifies the culprits that make their living off a divided America, like the media, the unions, democrats, republicans et, al, then he does something that sends my head spinning, he writes this incredible statement:

" Most ironic, no, tragic—is that a black man is finally in the White House, and he is presiding over this one—and doing little or nothing about it.  He should be ashamed."

Obama is a product of race baiting, polarizing politics, and is no dummy, that's what got him there, and that's what he does best.

Okay I have been out of the country often during the Obama's presidency and have missed some things, but  I was wondering what the line "a black man is finally in the White House" is supposed to mean ? It does conjure up images of "messiah" obsession that seems to pervade the left when it comes to Obama. Then goes one step further by deftly shielding Obama from criticism by proclaiming he is only "presiding" over this mess, not actually contributing to it.


You can read the whole article here :

Jackass of the Week Award

This weeks award goes to none other than Sen. Harry Reid (D-NV) who still refuses to address anything that is not on his personal political agenda, or his political donor's agenda, harry will not consider looking at  the Social Security issue until he is at least 91. "Two decades from now " I'm willing to take a look at it," he said, "but I'm not willing to take a look at it right now."

Also Reid took the opportunity to revert to his old Tea Party bashing tactics  "I believe the Tea Party is short lived. ... I think they will be gone because of their extreme positions or they will move to a more moderate position."... moderate position ?  Harry you wouldn't know a moderate position if one bit you on the arse, Harry really makes a strong case for implementing a  mandatory retirement age for the  Senate and Congress.

Despite Obama's spin, we are NOT profitable on TARP

No, we are not profitable on the bailouts. TARP has $123B to go before break even.  All told, the Taxpayers have a long way to go before we are break even. That’s before we count lost income from savings, bonds, etc., the increased costs of food stuff and energy due to inflation

How much will the TARP end up costing when everything's said and done? The short answer is that it's anyone's guess. The Congressional Budget Office put the toll at about $25 billion [17] in November. Part of the reason the projected cost is so low is actually the poor performance of the administration's foreclosure prevention programs [18], which seem likely to spend far less than the $50 billion initially set aside for them.
As the chart shows, we are far far from break even despite what the White House says:



Click to enlarge photo :

Sources:
Behind Administration Spin: Bailout Still $123 Billion in the Red
Paul Kiel

ProPublica, March 17, 2011, 10:27 a.m
http://www.propublica.org/article/behind-administration-spin-bailout-still-123-billion-in-the-red

Thanks to Governor Walker’s budget repair bill, Wisconsin’s public sector workers have reclaimed control over $72 million of their own money.

 Originally posted at the Alliance for Worker Freedom.

Wisconsin Governor Scott Walker’s recently signed budget repair bill could save government workers over $72 million, according to a release recently issued by his office. Despite the fact that government workers will contribute increased levels to their pension and healthcare plans (although the new amount is still small in comparison to other states, not to mention their private sector counterparts), “workers could make up much of the increased costs because their union dues would be optional.”

These dues are often staggering amounts. Here are some of the totals paid by state workers for the privilege of belonging to a public sector union:

• AFSCME- 23,000 workers pay $420 per year
• AFT Wisconsin- 17,000 workers pay $510 per year
• Professional Patient Care branch of the SEIU- 15,000 members pay between $192 and $864 per year
• Milwaukee Public School Teachers- 6,000 members pay $995 per year

The freedom to opt out of these ridiculous union dues grants Wisconsin’s workers greater control over how their hard earned dollars are spent, while simultaneously putting the state back on the path towards fiscal responsibility. It also ends the destructive cycle of the state taking workers’ money against their will to fund Big Labor political operations that use coercive tactics to elect those too afraid to confront a radical agenda head on. This cycle only further increases the cost of state government, making it like robbing Peter (the worker) to pay Paul (the union boss) to kick Peter while he is down and has already been mugged. Thanks to Governor Walker’s budget repair bill, Wisconsin’s public sector workers have reclaimed control over $72 million of their own money.