Sarah Palin Attacks "Crony Capitalism"

From her Facebook page:

In the wake of the recent financial meltdown, Americans know that we need reform. Not only have many individuals learned lessons about personal responsibility through this, but we’ve been able to engage in a discussion about government’s appropriate role.

The current debate over financial reform demonstrates what happens when political leaders react to a crisis with a raft of new regulations. First off, the people involved in writing government regulations are often lobbyists from the very industry that the new laws are supposed to regulate, and that’s been the case here. It should surprise no one that financial lobbyists are flocking to DC this week. Of course, the big players who can afford lobbyists work the regulations in their favor, while their smaller competitors are left out in the cold. The result here are regulations that institutionalize the “too big to fail” mentality…

…J.P. Freire notes that President Obama received about seven times more money from Goldman than President Bush received from Enron. Of course, it’s not just the donations; it’s the revolving door. You’ll find the name Goldman Sachs on many an Obama administration résumé, including Rahm Emanuel’s and Tim Geithner’s chiefs of staff.

We need to be on our guard against such crony capitalism. We fought against distortion of the market in Alaska when we confronted “Big Oil,” or more specifically some of the players in the industry and in political office, who were taking the 49th state for a ride. My administration challenged lax rules that seemed to allow corruption, and we even challenged the largest corporation in the world at the time for not abiding by provisions in contracts it held with the state. When it came time to craft a plan for a natural gas pipeline, we insisted on transparency and a level playing field to ensure fair competition.

Reform, if its to be worth anything, at all, must ensure that everyone can enter the market and have the truth available to them. If we do that, then its fair and even if a company fails, it won’t be because someone was gaming the system. What blindsided us was that a few big, politically connected players were doing things which no one understood. This is what we must prevent in the future.

We had a grand opportunity in 2008 and 2009 to clean up the mess – had we let the “too big to fail” entities fail. We could have cleared out the corruption in the market simply by letting the corrupt players collapse. Instead of doing that, we rescued them with taxpayer money and now we’re writing regulations essentially at the behest of the people who created the problem in the first place. This just ensures we’ll have a repeat of the financial crash.

The free market is the only way to rationally determine the use of capital, labor and materials. Any attempt by a third party to decide for others how such things are to be used ends in disaster. But a free market is only free as long as people are free to do the right thing – as soon as people are free to do the wrong thing, then the system is corrupted, it is no longer free and the resultant misallocation of resources will guarantee a crash.

At this point its not so much about fixing the market as in re-creating it. Over the past 70 years we have massively skewed the system away from doing anything good. This is why our factories are in China, our farms are in Mexico and our mines are in Chile. It is why we have a glut of home-grown pornography but can’t seem to even make a pair of shoes here in the United States.

Our market is made for the corrupt – the corrupt in business and in government. Reform must make it for honest people – and we won’t get that if the industry lobbyists and their kept politicians in Congress write the rules.

Tax Revolt in New Jersey. New Jersey? Yes, New Jersey!

The revolution spreads:

New Jersey voters just sent another loud reminder of their disgust with out-of-control taxes.

Of 537 school budgets up for a vote in the Garden State, 315 — a whopping 59 percent — went down in flames Tuesday.

That’s more than the state’s seen in decades.

Why so many rejections?

Because some 80 percent of those budgets sought property-tax hikes.

As if Jersey isn’t already a national leader in property taxes.

As if ObamaCare, the stimulus and Washington’s trillion-dollar deficits hadn’t sent actual taxpayers into a lather.

Homeowners, in particular, have had enough.

Yes, they have – and with Governor Christie leading the way, the people of New Jersey are finally demanding real change. Not liberal spend-more-and-call-it-change sort of change, but real change which will improve things for the people.

There is a massive, revolutionary wave building in America and as time goes on, it just rises higher. People are furious with government and want the nonsense stopped. We’re broke, the people realize it and are demanding that government act accordingly.

Unfortunately, our liberals are partying like there is no tomorrow – just spend, spend, spend and then spend some more. As if money grows on trees and there is an endless supply of it. The people are advising the liberals of a new reality. And they’re not listening.

Well, they’ll have to listen in November.

Did GM Really Pay Us Back?

I suspect not:

A top Senate Republican on Thursday accused the administration of misleading taxpayers about General Motors’ loan repayment, saying the struggling auto giant was only able to repay its bailout money by dipping into a separate pot of bailout money…

…Sen. Chuck Grassley’s charge was backed up by the inspector general for the bailout — also known as the Trouble Asset Relief Program, or TARP. Watchdog Neil Barofsky told Fox News, as well as the Senate Finance Committee, that General Motors used bailout money to pay back the federal government.

“It appears to be nothing more than an elaborate TARP money shuffle,” Grassley, the ranking Republican on the Senate Finance Committee, said in a letter Thursday to Treasury Secretary Timothy Geithner…

When I first saw the “we paid it back” GM ad, I smelled a rat. After all, GM is still losing money, so the only way they could possibly pay us back was by not paying someone else. Didn’t think they’d have the nerve to use government money to pay the government back, but that might well be what happened.

But even if it isn’t, it still stands that GM hasn’t paid anything back. After all, GM only exists because Obama forced through a screwing over of GM’s creditors while cutting sweat heart deals for the UAW. The whole thing with the money makes Enron look honest – Madoff is wishing he had just hung around long enough to be “too big to fail”.

We can expect more of this as time goes on – the Obama Administration is shot through with the rankest sort of political dishonesty and they will continue to pull fast ones.

UPDATE: Obama orders government to buy more GM cars!

Just What is in That ObamaCare Bill?

Well, among many other things, 500 lost jobs – and the imposition of tyrannical rule:

Sallie Mae’s decision to close its call center in Killeen, eliminating 500 jobs, left employees News 10 talked to Thursday wondering what they will do next…

…Sallie Mae announced Wednesday it will close the Killeen facility and another in Panama City, Fla. as part of a restructuring plan aimed at trimming 1,200 jobs companywide this year and 1,300 jobs next year…

…The company attributed the restructuring to legislation approved in March that ends the bank-based system of distributing federally subsidized loans to students.

The change was part of the reconciliation bill that also included health care legislation changes that the president signed at the end of March.

This stuff is coming out in dribblets – and no body knows 100% of what is in there, or what a bureaucrat might say is in there, or what a judge might interpret as being in there.

Tyranny is not a harsh code of laws – tyranny is when no one knows what the law is. Arbitrary rule if the hallmark of tyranny. When you have a system where no one knows for sure on a day to day basis what is legal or illegal, then you are under tyranny. You are afraid to move without explicit government permission because you fear that any move you make might be ruled as illegal by some apparatchik.

ObamaCare has brought tyranny to America in a way not seen since we were under British rule. Obama and his Democrats want to continue and expand this with changes to the clean water act, cap and trade legislation and comprehensive immigration reform. Pass large, nebulous bills which will have unknown effects and are thus things which the executive and judicial branches can interpret any way they like.

We must end this – we simply must win in November in order to end tyranny and restore American liberty.

Small Riot in Arizona as Immigration Law Enacted

Link to video over at Noonan for Nevada.

Here we see some violence. Real violence. Real violence done for political purposes. And it isn’t conservatives – these are the oh, so well meaning and loving liberals on a rampage.

And why are they on a violent rampage? Because they lost fair and square in the political process.

When we on the right lose we take our lumps and start working towards the future. We were wiped out in November of 2008 and now, thanks to hard work, we’re heading back up – hopefully to score some major victories in November. But if it comes out different – if we lose – then we’ll just, once again, take our lumps and start over again.

Not so for liberals – when they don’t get their way, they go nuts…and then have the nerve to claim that we conservatives are the threat.

Had enough? Have you had enough of this nonsense?

I have – and I bet the American majority has too.

UPDATE: Some good coverage of the incident from local media.

UPDATE II: President Obama arrogantly chides Arizonans for enacting immigration law. Honestly, just who does this guy think he is? Obama, you’re President, not Emperor!

Obama and the Blago Scandal

The news:

Right after Blago was arrested, Obama claimed he never talked to Blago about the Senate seat. After all, Obama claims he’s had little contact with Blago. NBC Chicago catches Obama in a whopping lie. Some redacted portions of an Obama subpoena request have been unearthed:

Obama had a secret phone call with Blagojevich

Redacted portion: President-elect Obama also spoke to Governor Blagojevich on December 1, 2008 in Philadelphia. On Harris Cell Phone Call # 139, John Harris and Governor’s legal counsel discuss a conversation Blagojevich had with President-elect Obama. The government claims a conspiracy existed from October 22, 2008 continuing through December 9, 2008.6 That conversation is relevant to the defense of the government’s theory of an ongoing conspiracy. Only Rod Blagojevich and President Obama can testify to the contents of that conversation. The defense is allowed to present evidence that corroborates the defendant’s testimony.

To the authors and readers of Caucus of Corruption, this is not at all surprising. While we hadn’t joined these two directly in the book, the clear levels of corruption surrounding both men – and both arisen out of the sewer which is Chicago politics – made it almost a certainty that they’re scandals would meet at some point.

I can’t say that Obama, directly, is a crook – but he was surrounded by them in Chicago and benefited from his connections to the crooks, both personally and politically (his rise to office using dirty means to exclude opponents from the ballot; his swell home courtesy of a crooked real estate deal, eg). And plenty of the Chicago people have followed him to DC.

In the end, this won’t be pretty – we elevated to the White House a man from arguably the most corrupt city in America. The muck has been hidden by the Obama glow, but as that fades, the muck will come to the fore.

UPDATE: Blago is calling in Obama to undercut Rezko…and if Obama doesn’t play ball, then maybe Blago can make life difficult?

Ending Racist and Sexist Abortions

A big step in the right direction:

The legislation in Georgia that would ban abortions done specifically because the child is African-American or a girl jumped through its latest hurdle. The Georgia House Judiciary Committee voted 10-8 on Wednesday to vote SB 529 out of committee and send it to the Rules Committee.

The rules panel will consider the bill before it heads to the full state House floor and a vote in the committee could come as early as Tuesday.

Always good to keep in mind that abortion and birth control were first advanced by eugenicists who felt that blacks and other “inferiors” shouldn’t breed. Had to get the lesser breeds out of the blood stream, as it were, in order for the strong, white people to have a clear path towards creating a Brave, New World…and other such utter sh**.

Abortion is the badge of our age – a badge of shame as much as slavery was in an earlier time. In both cases, the inherent dignity of humanity is denied and people are treated as disposable.

There will come a time when people will wonder how anyone could abort a child, much as we wonder how anyone could assert the right to hold a human being in bondage.

Duhhh! Economic Forecasters Say Obamacare Will Increase Costs

Yeah, smart people have been saying this for over a year.

President Barack Obama’s health care overhaul law will increase the nation’s health care tab instead of bringing costs down, government economic forecasters concluded Thursday in a sobering assessment of the sweeping legislation.

A report by economic experts at the Health and Human Services Department said the health care remake will achieve Obama’s aim of expanding health insurance — adding 34 million Americans to the coverage rolls.

But the analysis also found that the law falls short of the president’s twin goal of controlling runaway costs, raising projected spending by about 1 percent over 10 years. That increase could get bigger, however, since the report also warned that Medicare cuts in the law may be unrealistic and unsustainable, forcing lawmakers to roll them back.

The mixed verdict for Obama’s signature issue is the first comprehensive look by neutral experts.

In particular, the warnings about Medicare could become a major political liability for Democratic lawmakers in the midterm elections. The report projected that Medicare cuts could drive about 15 percent of hospitals and other institutional providers into the red, “possibly jeopardizing access” to care for seniors.

Repeal! Repeal! Repeal!

Environmentalism? That's For the Peasants…

…not for the ruling class:

On a day when many Americans will be reflecting upon how they can reduce their impact on the environment, President Barack Obama and Vice President Joe Biden will board separate jets in Washington on Earth Day morning to fly 250 miles up the east coast to New York, where they will land at separate airports to attend separate events within a few miles of each other.

The parallel visits of Air Force One (a 747/VC-25 aircraft) and Air Force Two (a 757/C-32A aircraft) will delay dozens, if not hundreds of commercial flights at Kennedy and LaGuardia and other nearby airports as no-fly zones are implemented. Jets will be forced to circle and burn more fuel as they wait for the VIPs to come and go. Their security contingents consisting of dozens of cars, SUVs and helicopters will burn even more. Throw in thousands of commuters’ cars and delivery trucks sitting idle in traffic as law enforcement closes large swaths of the city and you have yourself a very Earth-unfriendly day.

The whole purpose of environmentalism is to make the world safe for the rich and powerful. What is wanted is a world where only the elite travel in cars and jets. Where natures wonders are carefully fenced off, with only the privileged allowed a close look. Where the wealthy can afford the extra charge of lavish energy use while you and I, dear citizen, huddle in the dark and hope that spring comes before our winter heating allowance runs out.

These trips by Obama and Biden just illustrate my point.

We need a world built for the average man and woman. A world for us to use, not to be locked away as a plaything for the rich and connected.

Comedy Central Cowards

Here is the NY Times story – bottom line, the producers of South Park, true to form, went out of their way to insult sacred beliefs. They do this to Christianity on a regular basis – now it is Islam facing the insults.

Naturally, Moslems issue warnings about death to come – and while the producers of South Park seemed willing to show some guts and run the show, the network censored it in a bid to make it less insulting to Moslems.

I’d better not see even the slightest insult to Christianity from this point forward on Comedy Central – the rule has been made: insults to religion are not allowed. Got it?

Sick of these liberal cowards in entertainment slandering my religion with wild abandon and then crawling on their knees to Islam when it gets upset.