Posts Tagged ‘bernie madoff’

Steve Grammatico

Obama’s Second Term: A Cabinet of Curiosities

by Steve Grammatico

January 23, 2013

White House, Cabinet Room

First meeting of President Obama’s new team

OBAMA: Listen up, people. I got myself across the finish line but couldn’t bring Congress along.  That’s why you’re here.  Except for Defense, you represent the first entirely recessed Cabinet in American history.  Do me proud.  Michelle?

MICHELLE: I’m the new Chief of Staff. You want to see him, you gotta get past me. Waste my time, I’ll cut your budget 10%.

OBAMA: So, let’s hear some fresh ideas.  HHS?

MICHAEL MOORE: Now that the World Court has overturned the Supremes and ruled the PPACA [ObamaCare] constitutional, sir, amend the program to cover all humanity.  Eventually, include lesser beings, as well.  Innumerable uninsured creatures are suffering out there.

OBAMA: Easy, big guy; we’ll do it in stages.  After people, we insure the remaining mammalians; then, things with legs; finally, air breathers.  Treasury?

PAUL KRUGMAN: I’ve run the numbers, sir: Stimulus IV should tip the worldwide economy into depression within a year.

OBAMA: Good.  That gets us closer to the one-world government mankind will demand I lead to left the—I mean, to right the ship.  I’m getting bored with the Presidency, anyway. OMB? (more…)

Christopher C. Horner

Spinning Falsely on Solyndra, White House Rushes to Give Away Billions More

by Christopher C. Horner

The White House’s Solyndra game plan and that of its talking head and media enablers is now apparent and requires correction.

First, the notion that Solyndra failed because China subsidized their own solar companies is absurd: these companies only exist where their host governments are propping them up. Period.

Next, it is clear from administration emails that the White House’s message was not, as Dem talking heads and other apologists are now offering, ’since you are approving this, we will schedule the visit’; it is instead, ’since we are scheduling the visit, this will be approved.’

Although this is apparent throughout, one message particularly captures it:

“We have ended up with a situation of having to do rushed approvals on a couple of occasions (and we are worried about Solyndra at the end of the week).  We would prefer to have sufficient time to do our due diligence reviews and have the approval set the date for the announcement rather than the other way around.”  August 31, 2009, email between OMB and Terrell McSweeny of the Office of the Vice President, regarding “DOE Announcement.

This running governmental contracting scam makes the $600 toilet seat of the 1980s — which was bad, because, uh, it was the military — look pathetic. Obama’s green temporary jobs, by its own varying estimates, range in cost to the taxpayer from $355,555 (overall) to $479,000 (Solyndra) to $4.8 million if you remove the really temporary installation gigs. But that’s, um, ‘green’, so it’s not like the $600 toilet seat, at all.

Worse, after having shown the due diligence of the average Bernie Madoff investor desperate to leap on to a trendy ride their associates assured them was hot, the Obama administration is now rushing to emulate Madoff himself. The only twist on the analogy is that they are using you, the scheme’s old entrants — who in this version of Mr. Ponzi’s construct, never actually get paid off, but only his non-contributing buddies do — as its new, involuntary entrants .

(more…)

Ken Blackwell and  Ken Klukowski

ObamaCare: Running for Rushmore?

by Ken Blackwell and Ken Klukowski

“Ever since Teddy Roosevelt first called for reform in 1912, seven presidents — Democrats and Republicans alike — have taken up the cause of reform time and time again,” President Obama said in a statement hailing the Christmas Eve Senate vote to take over 1/6 of the nation’s economy.  “Such efforts have been blocked by special-interests lobbyists who have perpetrated the status quo that works better for the insurance industry than it does for the American people.”

318

Note the date of TR’s “calling” for reform. It’s 1912.  Nationalized health care was part of the platform of the Progressive Party that year and every year thereafter. Americans are more familiar with the name Theodore himself gave to that third party bid. After being shot by a would-be assassin in Milwaukee, TR said it takes more than a single bullet to stop a Bull Moose. Instantly, the colorful sobriquet was applied to the Progressive Party.

What did Theodore himself think of his new-found allies, the Progressives? He was sincerely committed to reform. And he certainly thought he had been cheated out of the Republican Party presidential nomination in 1912. After all, he had won all the state party primaries in the limited number of states that held them. But TR also recognized that some of his Progressive supporters went over the top. For them, he coined the wonderful phrase, “the lunatic fringe.”

(more…)

Roger Stone

Ponzi Schemer Rothstein and the Democrats

by Roger Stone

Much is being made of the fact that mini-Madoff Scott Rothstein, the Fort Lauderdale lawyer who the government and his victims claim ran a $1.2 Billion Ponzi scam in South Florida was a major fundraiser for Republicans John McCain, Governor Charlie Crist, Senator John Ensign and the Republican Party of Florida.

rra046

Dem FL Gov Candidate Alex Sink and Rothstein, her "Judicial Nominating Committee"

What the media has missed is that Rothstein switched to the Democrats after McCain’s loss, giving to Harry Reid, Nancy Pelosi and endorsing Florida Democratic candidate for Governor Alex Sink while giving the Florida Democratic Party $200,000.

(more…)

Roger Stone

New Spitzer Hypocrisy In AIG Case

by Roger Stone

Former New York Governor Eliot Spitzer took to the New York Times OP-ED page to call for the full release of a AIG corporate e-mails to determine how and why the company crashed.

Aptopix Spitzer Prostitution

This is the same Eliot Spitzer who stonewalled attempts by the New York State Senate Committee on Investigations and the New York Commission on Ethics to obtain the E-Mails of Spitzer and his top aides surrounding the abuse of power in his using the New York State Police to spy on his political opponents. Likewise, Spitzer attempted to prevent his top aides from testifying. This man’s hypocrisy knows no bounds.

The idea of former New York Governor and Attorney General Eliot Spitzer criticizing the AIG bailout is ridiculous; Spitzer is responsible for the economic condition of the company for which they needed a bailout. In fact, Spitzer’s crackdown on Wall Street caused the firms to increase leverage because he took away the ability for them to make money in research and underwriting, and they looked for other ways to make money; like securitizing subprime mortgages.

(more…)

Dr. Jane Orient

Is Medicare the Real Target of ‘Health Care Reform?’

by Dr. Jane Orient

Nobody outside the inner halls of Congress really knows what’s going on in the negotiations on health care “reform. Every now and then, someone emerges from the formerly smoke-filled rooms and throws another 2,000 or so page “bill” out into the public and then disappears to continue talks to carve up one-sixth of the nation’s economy.

JohnFicara4930326022

But we do know some of the critical unforgiving numbers. And we have strong reason to suspect that radical changes to Medicare Part E (as in Medicare for Everybody) is the real endgame, whatever the interim steps are called: public option, cooperatives, or mandated Insurance Exchanges.

We have the unmentionable truth that Medicare is insolvent. And the common dogma that Medicare is efficient, popular, and impregnable. Is it a Hegelian thesis and antithesis? With the synthesis being to throw the whole rest of the system, which is also allegedly bankrupting the country, into Medicare?

Are our leaders stark, raving mad? Or diabolically clever?

(more…)