April 2009


During the first 100 days of his presidency, Obama has signed a $787 billion stimulus bill into law, proposed an eye-popping $3.6 trillion budget for the 2010 fiscal year, taken over a massive $700 billion Wall Street bailout program and created other billion-dollar programs to help grease the economic wheels.

I have seen $180 billion given to insurance company AIG, stating they are simply too big to fail. How dies AIG use it? Instead of following an austere policy to use the money wisely to help chart a course of recovery, the executives of AIG send themselves to luxurious spas and golf outings and give themselves bonuses from the millions of tax-payer dollars given to them. The public is outraged after the disclosure of the bonuses paid by AIG. In response the House of Representatives passed a bill that would impose a 90 percent retroactive tax on those bonuses. Thankfully the bill failed. In March of 2009 eleven of the individuals who received “retention” bonuses of $1 million dollars or more have resigned, including 1 executive who received $4.6 million. These bonuses made more than 73 millionaires of executives who work in AIG. In a feeble attempt to justify this insanity, government-appointed AIG boss Edward Liddy told Treasury Secretary Timothy Geithner that the bonuses were neccessary to retain “the best and the brightest talent” – the same bright talent that lost so much money it brought the company to bankruptcy forcing the taxpayer bailout. In the end, the U.S. government managed to end up owning nearly 80 percent interest in the firm.

Not stopping there, the United States government, now lead by Mr. Obama, has given over 70 billion dollars to General Motors and Chrysler serving only to delay an inevitable bankruptcy. Before the eyes of a disbelieving public the leaders of these firms are asking for more. In response, Mr. Obama acts quickly and forces the resignation of Rick Wagner, the longtime head of General Motors. General Motors is expected to soon file for bankruptcy while the Feds force Chrysler to accept a merger with Italy’s Fiat. At the end of the day Mr. Obama has potentially saved the labor union’s contract – almost the largest single reason GM and Chrylser failed to be a viable company in the first place. The heads of these labor unions remain in their offices.

In his first 100 days, his spending policies will mean deficits amounting to 31.3 trillion dollars which will last well into 2017.

In his first 100 days, he has taken over the nation’s banking industry and now threatens to nationalize them.

In the first 100 days, he forces the GM head to resign and presides over the bankruptcy. There is indication Obama’s government will determine which cars will be marketed and which cars will be discontinued.

Is his vision of America the America we need?

On the evening of April 14, 2009, University of North Carolina – Chapel Hill police released pepper spray and threatened to use a Taser on student protesters when a crowd disrupted a speech by former Colorado congressman Tom Tancredo opposing in-state tuition benefits to unauthorized immigrants.

Hundreds of protesters converged on Bingham Hall, shouting profanities and accusations of racism while Tancredo and the student who introduced him tried to speak. Minutes into the speech, a protester pounded a window of the classroom until the glass shattered, prompting Tancredo to flee and campus police to shut down the event.

Tancredo was brought to campus by a UNC chapter of Youth for Western Civilization, a national organization of students who oppose mass immigration, multiculturalism and affirmative action.

Inside the classroom, several student protesters screamed curses at Tancredo and Riley Matheson, president of the UNC-Chapel Hill chapter of Youth for Western Civilization.

“This is the free speech crowd, right?” Tancredo joked.

“Fascists are fascists,” Tancredo said. “Their actions were probably the best speech I could ever give. They are what’s wrong with America today. … When all you can do is yell epithets, that means you are intellectually bankrupt.”

UNC graduate student Tyler Oakley, who had organized the protest, said he regretted the broken window but not silencing Tancredo. “He was not able to practice his hate speech,” said Oakley. “You have to respect the right of people to assemble and collectively speak.”

ED:
A former congressman is invited to speak on a very important topic for all of us only to be shouted down by oppressive, emotionally immature, idealistic youth agitated by their professors to disrupt. Very nice.

Tancredo spoke about the shout-down on Fox News and said their professors were in the audience and incited and participated in the ensuing mini-riot.

So what are our professors teaching our youth? Is it that it’s acceptable to oppress free speech? Or perhaps it is to use emotion and violence as a tool of debate instead of engaging in intellectually driven dialog and – oh God – usher in real and meaningful change?

Folks, we are at a cross roads here. These kids – these morons taught by intellectually lazy professors bent on saving their tuition-driven salaries are our future. Some of them will even find their way into politics. These are our future leaders.

To know what this brings, we only have to look at the White House.