A Liberal Does the Right Thing

By not allowing the Powers That Be to force an uncongenial candidate upon his party:

Rep. Joe Sestak (D-PA) is privately telling supporters that he intends to run for Senate, TPMDC has confirmed.

“He intends to get in the race,” says Meg Infantino, the Congressman’s sister, who works at Sestak for Congress. “In the not too distant future, he will sit down with his wife and daughter to make the final decision.”

The move would constitute a primary challenge to Sen. Arlen Specter (D-PA), who intends to run for re-election in 2010, after having switched parties earlier this year.

Earlier today, a Sestak volunteer and contributor received a handwritten note from Sestak himself, announcing his intent to run and asking for a contribution.

The Democrats had no business accepting Specter – its fine if Specter wants to switch parties, but there should have been no attempt by Democrat leaders to say that the PA Senate race was settled on the Democrat side. No Democrat picked Specter and until Specter passed muster with the Democrat electorate, he shouldn’t be the Democrat candidate. And just who in heck wants a turn coat, anyways? I mean, suppose the GOP gains a majority or even a very strong minority in 2010 – do Democrats think that Specter would remain loyal to them? Don’t bet on it – his party switch, alone, shows that he’s an unprincipled opportunist.

I, for one, am sick of these power players – in both parties – trying to tell the rank and file whom shall be the nominee. Right now, there are moves on the GOP side to find someone other than GOP front-runner Toomey to be the GOP candidate next year. Nonsense – anyone who is a GOPer is free to enter the contest, but there should be no pressure of any sort by the national party to try and force things one way or the other. There is no such thing as a sure loser in politics, no more than there is a sure winner – for any GOPer (Hatch, we’re looking at you) to decide that this or that GOPer can’t win is to absurdly pre-judge a case and presume to absolutely impossible knowledge. And even if it could be demonstrated by irrefutable argument that a certain candidate could not possibly win, it is still for the people to decide whom they’ll pour out there sweat and treasure for.

I hope that this proves true, that Sestak will run – he’ll get a small donation from me; not because I want to cause trouble for Democrats, but because the principle here is too important. We, the people, are supposed to rule this nation, not a bunch of self-selected leaders and “experts” who presume to know better than we do.

Subversive Phrase of the Day

In light of recent events, some truth must be told, again and again:

We must have great respect for these people who also suffer and who want to find their own way of correct living. On the other hand, to create a legal form of a kind of homosexual marriage, in reality, does not help these people. – Benedict XVI

Liberal Billionaires to Wage War on Life, Religion

All in the name of saving us from ourselves, of course:

SOME of America’s leading billionaires have met secretly to consider how their wealth could be used to slow the growth of the world’s population and speed up improvements in health and education.

The philanthropists who attended a summit convened on the initiative of Bill Gates, the Microsoft co-founder, discussed joining forces to overcome political and religious obstacles to change.

Described as the Good Club by one insider it included David Rockefeller Jr, the patriarch of America’s wealthiest dynasty, Warren Buffett and George Soros, the financiers, Michael Bloomberg, the mayor of New York, and the media moguls Ted Turner and Oprah Winfrey…

…The billionaires were each given 15 minutes to present their favourite cause. Over dinner they discussed how they might settle on an “umbrella cause” that could harness their interests.

The issues debated included reforming the supervision of overseas aid spending to setting up rural schools and water systems in developing countries. Taking their cue from Gates they agreed that overpopulation was a priority.

They, naturally, feel they have to overcome religious opposition to, you know, forcing abortions and birth control on unwilling, poor, brown-skinned people. Poor people are such children, you see? Can’t be trusted to work out their own lives by the light of their own values and talents…they need rich, white (with an exception) people to figure it all out for them. The arrogance here is astounding – and it also demonstrates, with finality, that the super-rich are liberals to the core and like all liberals their fundamental desire is to control others.

Do keep this in mind – and remember that every time a liberal says he wants to “tax the rich”, he’s never talking about taxing the piled up wealth of people like this group of nitwit billionaires. Oh, no – our non-billionaire liberals know who their masters are and they’d never dream of taxing the surplus wealth of someone like Gates…after all, Gates can write a million dollar check to your 501.3c and keep you from having to get a job. Please note the complete drop off of liberal demands for anti-trust actions against Microsoft…Gates paid the protection money, and now he’s finding that if you pay a liberal, you’ve bought a slave…and if you’ve got some slaves, why not get some more?

People vs Powerful, my friends, that is what it is all about. We can have Obama, Gates and Soros running our lives, or we can run them, ourselves. How we behave over the next election cycle or two will determine, for many generations to come, whether we’ll be slaves or free men.

Geithner to Visit his Chinese Masters

Because in order to pay for Obama’s spending bonanza, he’ll have to borrow from China…and he who pays the piper, calls the tune:

Timothy F. Geithner, who before his confirmation as Treasury secretary unintentionally charged that China was “manipulating” its currency, will make his first trip to that country since taking office and meet with its leaders next week amid rising concern about China’s willingness to continue buying United States debt.

The Treasury announced on Wednesday that Mr. Geithner had meetings scheduled with President Hu Jintao, Premier Wen Jiabao and Vice Premier Wang Quishan. He will also promote American business interests and press the case for both countries, which are the world’s biggest emitters of the heat-trapping gases that contribute to climate change, to work to limit the pollution.

During his Senate confirmation hearing in January, Mr. Geithner vexed Chinese officials when, in written answers to questions from senators, Mr. Geithner wrote that “President Obama — backed by the conclusions of a broad range of economists — believes that China is manipulating its currency.”

Under a 1988 law, if the administration formally reports to Congress that China is intentionally holding down the value of its currency, the renminbi, and in turn the price of its exports, such a finding could lead to the imposition of trade barriers.

Treasury officials, speaking on condition of anonymity, later said that Mr. Geithner’s written comment about China’s currency had been mistakenly included in his responses to senators, and that the administration was not signaling a more confrontational stance than the Bush administration had taken toward trade with China.

Indeed – now that Hillary has thrown China’s political and religious dissidents under the bus, Geithner will finish the job by doing everything he can to keep China’s balance of trade with the US in the black for China, because that will provide the money for China to buy all those bonds Geithner needs to sell to finance Obama’s massive, new debt. We’ve been down this road for quite long enough – but we can get out from under China just as quickly as we balance our budget…but, even without a balanced budget, as long as we’re not contemplating a massive increase in spending, we can thumb our nose at China and demand they straighten up and fly right…Geithner is selling us in the name of Obama.

UPDATE: Ironic that its all happening around the 20th anniversary of Tiananmen Square, huh?

Tax Revenues Dropping Like a Rock

The news story:

Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says.

When the economy slumps, so does tax revenue, and this recession has been no different, says Kerry Lynch, senior fellow at the AIER and author of the study. “It illustrates how severe the recession has been.”

For example, 6 million people lost jobs in the 12 months ended in April — and that means far fewer dollars from income taxes. Income tax revenue dropped 44% from a year ago.

“These are staggering numbers,” Lynch says.

Now, we’ve got an America getting poorer by the day and the liberal solution is to spend more and take more money from the increasingly impoverished American people. Does this make sense to any non-liberal out there?

The Second American Revolution, Part 1

This will become a long series, I’m certain:

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.

— U.S. Constitution, Tenth Amendment

Fed up with Washington’s involvement in everything from land use to gun control to education spending, states across the country are fighting back against what they say is the federal government’s growing intrusion on their rights.

At least 35 states have introduced legislation this year asserting their power under the Tenth Amendment to regulate all matters not specifically delegated to the federal government by the Constitution.

“This has been boiling for years, and it’s finally come to a head,” said Utah State Rep. Carl Wimmer. “With TARP and No Child Left Behind, these things that continue to give the federal government more authority, our rights as states and individuals are being turned on their head.”

The power struggle between the states and Washington has cropped up periodically ever since the country was founded. But now some states are sending a simple, forceful message:

The government has gone too far. Enough is enough.

Montana Gov. Brian Schweitzer recently signed into law a bill authorizing the state’s gun manufacturers to produce “Made in Montana” firearms, without seeking licensing from the federal Bureau of Alcohol, Tobacco, Firearms and Explosives. Similar laws are being considered in Utah, Alaska, Texas and Tennessee.

Are we slaves? Are we the mere milch cows for a socialist super-State? No: we are Americans – and just as our ancestors pledged their lives, their fortunes and their sacred honor to defend American liberty, so will we. It is, perhaps, providential that such as Barack Obama was elected President – a man so far to the left and with such a hodge-podge of kook leftists surrounding him, has crystalized what had been a disparate sense of frustration. We now know what we are fighting against and what we are fighting for.

We are fighting against all of those powerful people and groups who presume to know better than we do how to run our lives. They tell us we can’t keep filth away from our children; they tell us we can’t enforce decency on our streets; they tell us we can’t pray in the public square we pay for; they tell us, in one way or another, that they know better and we’d better be good, little serfs.

We are fighting for our right to govern ourselves – our national government is here to protect the nation from foreign aggression and protect the individual from domestic oppression…it isn’t here to nurse maid us through life. We’ll take care of our own, and far better than government can, thanks very much.

A new spirit of liberty is running hot and strong through American life, and I’m mighty pleased to see it.

California Supreme Court Upholds Law!

The shocking news:

The California Supreme Court on Tuesday ruled that Proposition 8, the successful California ballot measure which defined marriage to be between a man and a woman, is constitutional. It also decided that the some 18,000 homosexual “marriages” contracted in the state should remain valid in law.

By a vote of 6-1, the state Supreme Court justices ruled Proposition 8 was constitutional. The court unanimously ruled that existing “marriages” would stand. Proposition 8 was put forward as a response to the California Supreme Court’s May 2008 decision which by a vote of 4-3 overturned a state ban on such unions.

The 18,000 marriages are to remain legal under the ex post facto part of the United States Constitution – though a case can be made that the CA SC had no business overturning the first ballot initiative banning gay marriage…a case for another day.

Be that as it may, I guess the California Supreme Court decided against having a revolution in California – the complete overturn of CA’s political class would have been the result of an overturning of this amendment.

Home Prices Continue to Slide

While Obama and Co talk about signs of recovery, the real signs of of disaster turning into catastrophe:

U.S. home prices continued their multiyear tumble in March, according to the S&P Case-Shiller home-price indexes, as the downdraft shows no near-term signs of abating.

Meanwhile, U.S. consumer confidence improved sharply in May, especially in expectations for the economy six months from now, a report released Tuesday said.

For the first quarter, the S&P/Case-Shiller U.S. National Home Price Index posted a 19.1% drop from a year earlier, the biggest quarterly decline for the reading’s 21-year history. S&P Case-Shiller releases 10-city and 20-city indexes every month, but also releases a broader national index every quarter.

The highlighted part is the MSMs “we can’t report the straight news” bit of Obama cheer leading – as if consumer confidence will fix the collapse of the housing market. Its a reverse on the way it was during the Bush Administration – you know, when the MSM was forced, kicking and screaming, to report some bit of good news about Bush, they always inserted a bit of negative to ensure there wasn’t a chance people would feel good about things. Be that as it may…

A friend of mine relates the story of a friend who thought he got a house at a bargain for $150,000…until someone bought the house across the street for $75,000. As of right now, there is no bottom to the housing market – it can keep going down because there are simply too many houses on the market, too few people in the market to buy and all indications are that buyers will become fewer as unemployment rises and houses more plentiful as the next round of foreclosures hits. And even those who can buy will likely hold off for lower prices, thus putting further downward pressure.

What does this mean? That the “troubled assets” are even more troubled – that we’ve spent hundreds of billions propping up a financial industry which is completely doomed. One of the world’s allegedly healthier banks – HSBC – had an interesting news release:

HSBC Holdings PLC’s (HBC) Asian unit said Wednesday it will cut the interest it pays on Hong Kong dollar savings deposits of HK$5,000 or above to 0.001% effective Thursday.

Hongkong & Shanghai Banking Corp. said the new rate will drop from the current 0.01%. It didn’t explain the reason for the rate cut. It said its zero interest rate will remain for account balances below HK$5,000.

Don’t get confused here – that isn’t “US dollars in Hong Kong”, its Hong Kong Dollars; the currency of Hong Kong. Given inflation, HSBC has essentially said that if you deposit money in their bank, you’ll lose money by the end of the year. The Chinese people – likely wiser than us by a wide margin – save a lot of money; they don’t go on spending sprees and don’t buy useless nonsense they don’t need. They save, save, save…for a rainy day. Like today. Except it isn’t rainy for the Joe Average in China who has a fat bank account…it is, however, raining cats and dogs for financial institutions who are heavily invested in real estate, like HSBC. A very large amount of the world’s wealth is tied up in real estate investments of various types…and prices have been falling, and not just in the United States. HSBC might be just trying to get the Chinese people to disgorge their savings in order to keep the economy moving along (the Chinese government? Already pi**ing through their foreign reserves at an alarming rate…not too much left there).

This is not to pick on HSBC – but to show that there is a lot of screwy things going on out there as everyone tries to dodge the massive avalanche of economic collapse. The only way out of this is for the world’s leading economy to reduce spending – by whatever means prove necessary – to less than revenues and to spend whatever we can on new farming, manufacturing and mining enterprises. We’re going to have to work our way out of this – we won’t be able to spend our way out.