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HUNDREDS OF PROTESTERS THROWN OUT OF IOWA PUBLIC HEARING (Audio)

“This is the most atrocious thing I’ve seen in the history of the 15 years I’ve been a lobbyist. Pat Murphy has acted like a jack-booted Nazi,” said Ed Failor Jr., president of Iowans for Tax Relief, a conservative taxpayers’ rights group from Muscatine with 50,000 members…

AUDIO…

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Filed under: Politics, , , , , , , , , , , , , , ,

BREAKING NEWS: HEDGE FUND MUST GIVE UP CONTROL OF CHRYSLER

HEDGE FUND DOWN

PAPER: Cerberus Capital Management will lose its equity stake in Chrysler LLC’s struggling automotive company as a condition of the Treasury Department’s bailout deal with the U.S. auto maker, according to several people familiar with the matter.

The New York private-equity firm purchased an 80% stake in Chrysler in 2007, promising to bolster the auto maker’s performance by operating as an independent company. The plan, however, collapsed due to an unprecedented slowdown in the U.S. auto industry and a lack of capital at the auto maker to weather the storm…

OBAMA: LET THEM GO BANKRUPT…

Filed under: Politics, , , , , , , , , , , , , , , , , , , , , , ,

GENERAL MOTORS CEO QUITS ON DEMANDS FROM OBAMA

YOU’RE FIRED

WIRE: The Obama administration asked Rick Wagoner, the chairman and CEO of General Motors, to step down and he agreed, a White House official said.

Wagoner’s departure is one of the remarkable strings attached to a new aid package the administration plans to offer GM…

Filed under: Obama, , , , , , , , , , , , , , , , , ,

Plane Evacuated in London After ‘Suspicious Device’ Discovered on Board

“There was something on board that they were not happy about,” said airport spokeswoman Julie Ayres. She did not give further details…

Filed under: Media, World, , , , , , , , , , , , , , , , , , ,

BREAKING NEWS: OBAMA TO OVERHAUL EXEC. PAY AND FINANCIAL REGULATION

YOU’RE NEXT

“The Obama administration will call for increased oversight of executive pay at all banks, Wall Street firms and possibly other companies as part of a sweeping plan to overhaul financial regulation, government officials said…”

Filed under: Economics, Obama, , , , , , , , , , , , , , , , ,

“THIS IS WAR” DECLARES SIGN AMONGST 10,000 OBAMANOMICS PROTESTORS IN CALIFORNIA

TAX REVOLT IN CALIFORNIA!

SIGN: GOV. BY THE PEOPLE IS NOW GOV’T VS. PEOPLE

SIGN: THIS IS WAR

Nearly 10,000 Protest Obamas Spending Spree; Source: OC Register
Nearly 10,000 Protest Obama’s Spending Spree; Source: OC Register

Obamanomics; Source: PoliticalVindication.com
Obamanomics; Source: PoliticalVindication.com

Filed under: Economics, Obama, , , , , , , , , , , , , , ,

Chris Brown Arrest Warrant and Trial For Rihanna Beat Down; Enters No Plea (Trial Video)

Chris Brown’s Arrest Warrant…

browntmz

Postpones case…

Seeks Counseling…

Filed under: Crime, Media, , , , , , , , , , , , , , , , ,

CHINA TO INCREASE MILITARY SPENDING BY 14.9% IN 2009

“China said it will boost defense spending by 14.9 percent this year to raise salaries of the world’s largest standing army as it competes for regional influence with the U.S. and Japan…”

And will also announce a new stimulus package…

China Plans on Boosting Military Spending by 14.9%

China Plans on Boosting Military Spending by 14.9%

Filed under: Obama, World, , , , , , , , , , , , , , , ,

OBAMA STRONG-ARMS CITI; REQUIRES UNSEATING BOARD

OBAMA REQUIRES UNSEATING OF CITIGROUP DIRECTORS

Bloomberg: The Obama administration will require Citigroup Inc. to raise private capital and make changes to its board of directors as part of an effort to strengthen the bank, according to people familiar with the matter…

NYT: Treasury Reached Deal to Take 30-40% of Citi…

Filed under: Economics, Obama, , , , , , , , , , , , , , , , , ,

Israel Takes 425 Acres of West Bank Land

2,500 SETTLEMENT HOMES TO BE BUILT

West Bank

West Bank

Filed under: Obama, World, , , , , , , ,

Venezuela’s Hugo Chavez Declares Victory Over Term Limits

Venezuelas President Hugo Chavez

Venezuela's President Hugo Chavez

Venezuela’s President Hugo Chavez has won a crucial election that would eliminate term limits. As such, the 10-year president is likely to run for yet another 6-year term in 2012.

Filed under: World, , , , , , , , , ,

Chris Brown Seeks Counseling, He’s “Sorry and Saddened”

Chris Brown, Before He Beat Rihanna

Chris Brown, Before He Beat Rihanna

Brown: Words cannot begin to express how sorry and saddened I am over what transpired. I am seeking the counseling of my pastor, my mother and other loved ones and I am committed, with God’s help, to emerging a better person.

Filed under: Media, , , , , , , ,

Pakistan “Fighting for Survival” – Drone Kills 27

Pakistani President Asif Ali Zardari

Pakistani President Asif Ali Zardari

President Zardari: We’re fighting for the survival of Pakistan. We’re not fighting for the survival of anybody else.”

Filed under: Obama, World, , , , , , ,

Newsom Opponent, Democrat Jerry Brown Advocates State Control Over Media

Oakland Mayor Jerry Brown, Sen. Feinstein, SF Mayor Gavin Newsom

Attorney Gen. Jerry Brown, Sen. Feinstein, SF Mayor Gavin Newsom

At approximately 3:50pm California Attorney General Jerry Brown (D), a likely opponent of San Francisco Mayor Gavin Newsom for the Democratic ticket in California’s upcoming gubernatorial race, was caught on the Michael Savage (The Savage Nation) radio show stating that “a little state control wouldn’t hurt anybody.” In context, Savage was discussing his own opposition to the so-called “Fairness” Doctrine, which would limit the ability of certain groups to express their opinions on the radio.

By clicking the link, one can hear the following at  the 30:45 mark:

Savage: You’re starting to sound as though you want a little state control over the media.

Brown: A little state control wouldn’t hurt anybody.

Filed under: Media, , , , , , ,

Stimulus: $26 Billion Headed For California

Pelosi and Reid

Pelosi and Reid

Of the $789 Billion being spent on pork, an estimated $26 Billion could be headed towards the California state government in an effort to mitigate the damages caused by profligate spending…3.3% of the stimulus budget.

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The portion of the package being spent on California is approximately the same amount that Australia is spending on its ENTIRE country.

Filed under: Economics, Obama, , , , , , ,

Deadly Plane Crash In Upstate NY Kills 49

Plane Crash Kills 49 in Upstate NY

Plane Crash Kills 49 in Upstate NY

“I was told by the tower the plane simply dropped off the radar screen.”

Filed under: Uncategorized, , ,

Stimulus Plan Clears Australia’s Senate; A$42 Billion

In a 30-28 vote, Australia’s Senate passed Prime Minister Kevin Rudd’s second attempt at a A$42 billion ($28 billion) stimulus package after being thwarted off yesterday. The plan, which focuses on cash distributions to families and working people along with infrastructure spending, aims to prevent the nation’s first recession since 1991. Indeed a$12.7 billion will be directly redistributed to the public while A$28.8 billion will be set for school and environmental construction.

Rudd, whose plan was initially rejected yesterday, was forced to divert a greater portion of the money towards environmental projects and to reduce cash distributions in order to garner additional support.

Initially leading the opposition, key independent senator Nick Xenephon warmed to the proposition, stating that he is “pleased to say I believe we have been able to reach a compromise.” Leading up to the second attempt of passage, Treasurer Wayne Swan stated that “we are prepared to act in the national interest.”

Had the package been defeated a second time, the entire notion would have been abandoned.

Filed under: Global Economics, World, , , , , , , , , ,

OBAMA COMMERCE NOMINEE STEPS DOWN – 4 GONE

Obama's Commerce Nominee Judd Gregg

Obama's Commerce Nominee Judd Gregg

Gregg Can’t Stand Obama’s Policies – Fox News

White House “Blindsided” – Politico

Different set of views…Capitalism vs Socialism? – LA Times

Filed under: Obama, , , ,

Australian Unemployment Makes Greatest Leap Since Feb. 2006

Australian data revealed a labor market that has weakened more than expected during the month of January. Indeed, the unemployment rate rose to 4.8%, the highest level since June 2006. Economists had expected the metric to jump to only 4.7%. While the unemployment rate rose to the highest number since mid-2006, the gain in the rate was the strongest since February 2001. The number, substantially larger than that of January’s, which came in at 4.5%, continues to foreshadow the country’s fourth quarter gross domestic product results. Q3 GDP remained in positive territory, albeit at only 0.1%.

Despite the pessimistic outlook that the jobs figure presents, the dynamic structure of the labor market provides key insight. January saw a decline of 32.6K part-time jobs met with 33.7K full-time ones. This move contrasts December’s; 47.7K full-time jobs were converted into the same amount of part-time ones. Overall, employment actually grew by 1.2K after economists had forecast a net loss of 18.0K positions. – LG

Filed under: Economics, Global Economics, , , , , , , ,

Obama’s Labor Nominee Solis Edges Closer After Tax Problems

Obama’s fourth nominee with tax problems, Hilda Solis, has edged closer towards attaining the Labor cabinet position after a Senate panel today approved of her nomination

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Solis’ tax problems

Filed under: Economics, Obama, , , , ,