Sunday, August 4, 2013

National Impeach Obama Day - a reminder

Rowan Tea Party Patriots ^ 

Nationwide “Impeach Obama” Protest Set for August 6 by Keith Koffler

A grassroots group with thousands of members is planning nationwide protests August 6calling for President Obama’s impeachment. The group, “Overpasses for Impeachment,” has gained steam since launching in mid-June and now appears to have a presence on all 50 states. Scores of protests are on tap, with members taking to overpasses above major through ways during morning and afternoon rush hour brandishing signs calling for impeachment. The organizing has been done mainly via the group’s Facebook Page, which has spawned Facebook groups in all 50 states, most of which appear to have hundreds and in a couple of cases thousands of members. The group has already staged dozens of overpass protests leading up to the nationwide eventAugust 6. One in North Carolina, covered yesterday by the Winston-Salem Journal, appears typical. On Tuesday, 15 local protesters got an early start. They gathered at the Harper Road exit on Interstate 40 in Clemmons for three hours for what the organizer of the event, Michelle Taylor, said is “a precursor to the national movement.” Protesters wielded hand-made signs declaring “Impeach Obama” and flags, joining in what is called “Overpasses for Obama’s Impeachment.” Most states have multiple protests planned for August 6. The Florida group has scheduled 14, while at least eight will be held around California.
So far, the organization seems more a vehicle for protesting against Obama than actually impeaching him, as there is little evidence of any serious consideration in Congress to remove the president. The group’s website lists a dozen “reasons for impeachment,” several of which focus on unilateral actions Obama has taken without the consent of Congress.
(Excerpt) Read more at ...

New Orleans Lawyer

Tis far better to laugh than to cry, and this one serves us well.
Part of rebuilding New Orleans caused residents often to be challenged with the task of tracing home titles back potentially hundreds of years. With a community rich with history stretching back over two centuries, houses have been passed along through generations of family, sometimes making it quite difficult to establish ownership. Here's a great letter an attorney wrote to the FHA on behalf of a client:
You have to love this lawyer...

A New Orleans lawyer sought an FHA loan for a client. He was told the loan would be granted if he could prove satisfactory title to a parcel of property being offered as collateral. The title to the property dated back to 1803, which took the lawyer three months to track down. After sending the information to the FHA, he received the following reply:

(Actual reply from FHA):

"Upon review of your letter adjoining your client's loan application, we note the request is supported by an Abstract of Title. While we compliment the able manner in which you have prepared and presented the application, we must point out you have only cleared title to the proposed collateral property back to 1803. Before final approval can be accorded, it will be necessary to clear the title back to its origin."

Annoyed, the lawyer responded as follows:

(Actual response):
"Your letter regarding title in Case No.189156 has been received. I note you wish to have title extended further than the 206 years covered by the present application.
I was unaware any educated person in this country, particularly those working in the property area, would not know Louisiana was purchased by the United States from France in 1803, the year of origin identified in our application. For the edification of uninformed FHA bureaucrats, the title to the land prior to U.S. Ownership was obtained from France, which had acquired it by Right of Conquest from Spain. The land came into the possession of Spain by Right of Discovery made in the year 1492 by a sea captain named Christopher Columbus, who had been granted the privilege of seeking a new route to India by the Spanish monarch, Queen Isabella. The good Queen Isabella, being a pious woman and almost as careful about titles as the FHA, took the precaution of securing the blessing of the Pope before she sold her jewels to finance Columbus's expedition. Now the Pope, as I'm sure you may know, is the emissary of Jesus Christ, the Son of God, and God, it is commonly accepted, created this world. Therefore, I believe it is safe to presume God also made the part of the world called Louisiana. God; therefore, would be the owner of origin and His origins date back to before the beginning of time, the world as we know it, and the FHA. I hope you find God's original claim to be satisfactory. Now, may we have our loan?"
The loan was immediately approved.
And you want Government running health care?

Why Hillary Clinton and Not Sarah Palin?

YAHOO! Voices ^ | Aug 4, 2013 | Mark Whittington,

Jonah Goldberg, with an unerring eye toward focusing on what really matters, poses the question, what is so great about Hillary Clintonthat makes her the obvious Democratic nominee in 2016 and the inevitable next president of the United States?

I would add another question. What makes Ms. Clinton so much better than another well known female politician, namely Sarah Palin?

Goldberg points out that Ms. Clinton doesn't really have any accomplishments to point to during her long career, as lawyer, first lady, senator, and secretary of state. She hasn't actually said anything of interest, except perhaps the ghoulish dismissal of the murder of four American public servants, "What difference does it make?"
Contrast that rather thin record with that of Sarah Palin, whose partial term as governor was largely successful, featuring budget cuts, measures against official corruption, and approval of a gas pipeline. She was an immensely popular governor before the Democratic attack machine used the very ethics laws she caused to be passed to drive her out of office with frivolous lawsuits, using a loophole in the law that required public officials so charged to pay for their own defense. Palin, who was at the time not at all wealthy, was obliged to either resign as governor or else be driven into bankruptcy.
(Excerpt) Read more at ...

Susan Rice driving force behind embassy closures!

Gretawire - FoxNewsInsider ^ | 8-4-2013 | James Rosen

Sources tell Fox News the terrorist “chatter” that U.S. intelligence analysts picked up in the past two weeks –exceeding anything witnessed in the last decade, and prompting the closure of nearly two dozen U.S. embassies and consulates across the Arab and Muslim world – included exhortations from al-Qaeda leader Ayman al-Zawahiri to key leaders of AQAP (al-Qaeda in the Arabian Peninsula), demanding they step up their activities in the wake of recent killings of top terrorists.
A Mideast diplomat says al-Zawahiri has been “pressuring” AQAP, and that the pressure localized al-Qaeda figures have been subjected to, aimed at getting them to launch new terrorist attacks on Western and American targets, is “unprecedented.” This is what has led to the extraordinary volume of “chatter” picked up by U.S. signals intelligence following a period of months of “absolute quietness” on terrorist phone lines, computer outlets, websites, and the like.
Sources say al-Zawahiri has always been a bigger proponent than his predecessor, Usama bin-Laden, of a more centrally managed al-Qaeda terrorist structure, has always sought to “micromanage” AQAP, and is attempting now to assert management authority over individual cells, even if it is largely illusory.
Sources say the U.S. moves were also prompted by a spate of recent al-Qaeda-led prison breaks, including...
(Excerpt) Read more at ...

When you grow up on a farm your perception is a little bit different.

A farmer drove to a neighbor's farmhouse and knocked at the door.
A boy, about 9, opened the door.
"Is your dad or mom home?" asked the farmer.
"No, they went to town" said the boy.
"How about your brother, Howard? Is he here?" asked the farmer.
"No, he went with Mom and Dad" the boy answered.
The farmer stood there for a few minutes, shifting from one foot to the other, and mumbling to himself.
"I know where all the tools are, if you want to borrow one, or I can give Dad a message" said the boy.
"Well," said the farmer uncomfortably, "I really wanted to talk to your Dad. It's about your brother Howard
getting my daughter Suzy pregnant".
The boy thought for a moment...
"You would have to talk to Dad about that. I know he charges $500 for the bull and $50 for the pig,but I don't know how much he charges for Howard!" 

For Obamacare to Work, Everyone Must Be In! (DUH)

NY Times ^ | Aug 3, 2013 | By ROBERT H. FRANK

TWO beliefs continue to shape debate on Obamacare. First, pre-existing medical conditions shouldn’t prevent people from obtaining affordable health insurance. And second, people who don’t want health insurance shouldn’t be forced by the government to purchase it.
These may seem to be reasonable positions. But they are incompatible. That’s been shown by historical events, and it’s now being strikingly confirmed by recent experience in the emerging Obamacare insurance exchanges.
The crux of the matter is what economists call the adverse-selection problem. Uninsured people with pre-existing conditions often face tens or even hundreds of thousands of dollars in out-of-pocket medical costs annually. If insurers charged everyone the same rate, buying coverage would be far more attractive financially for people with chronic illnesses than for healthy people. And as healthy policyholders began dropping out of the insured pool, it would become increasingly composed of sick people, forcing insurers to raise their rates.
But higher rates make insurance even less attractive for healthy people, causing even more of them to drop out. Before long, coverage would become too expensive for almost everyone.
The adverse-selection problem explains why almost no countries leave health care provision to unregulated private insurance markets. It also predicts that requiring private insurance companies to charge the same rates to everyone will make it prohibitively expensive for most people to buy individual health insurance.
(Excerpt) Read more at ...

Public Pensions After Detroit

NY Times ^ | 8/03/13

Detroit’s bankruptcy and the problems facing its pension funds offer two important lessons to other communities. One is that state and local governments need to do a much better job managing retirement funds. The other is that they should not pre-emptively reduce hard-earned benefits at the first sign of trouble.

Several state and local pension systems around the country are under serious stress. Not surprisingly the hardest hit retirement funds are in places devastated by global economic forces like Detroit, as well as inland cities in California like Stockton, which was battered by the real estate collapse and has also sought bankruptcy protection. Other troubled funds include state-employee and teacher retirement systems in Illinois and Connecticut, where government officials have long mismanaged public finances.

The biggest problem is that officials have repeatedly failed to set aside enough money to cover the benefits they have promised workers, according to a recent report by Moody’s, the credit ratings firm. Some states and cities have compounded their problems by trying to compensate with risky bets, like investing heavily in hedge funds in hopes of earning high returns. (And hedge funds are hardly surefire winners.) Or, like Detroit, they borrowed money to sustain their pension systems without having a solid plan for repaying the new debt.
(Excerpt) Read more at ...

The Obama Magic Fades

The Weekly Standard ^ | AUG 12, 2013, VOL. 18, NO. 45 | JAY COST

There are two implications to draw from all this. First, the rough news cycles of recent months seem to have drawn President Obama’s job approval back to its “natural” range. His average approval since he was first inaugurated according to Real Clear Politics is 49 percent, a number that includes the significant bounces he received from his first inaugural, the killing of Osama bin Laden, and his reelection. Take those positive bumps out, and his approval has been fairly close to 47-48 percent for much of his time in office. The fact is he is a highly divisive president: Democrats strongly support him; Republicans strongly oppose him; and swing voters are split. It should not come as a huge surprise that, absent the pro-Obama hoopla of the winter months, the number should drift back downwards.
Second, it is to be expected that his job approval will rebound over time, at least a little. Bad news comes, and then it goes, often replaced by good news. Even if such a bounce never comes his way again, he still should rebound some, for a good portion of his decline over recent months has come among Democratic-leaning groups like young people and minorities. In the meantime it will be very difficult for Obama to move an agenda through Congress. Dividing the country into two, roughly equal parts might be a fine way to win reelection, but it hardly makes for much of a mandate. The Beltway intelli-gentsia love to complain about gridlock, but the Framers of our Constitution counted on it: When the country is divided as deeply and evenly as it is today, our system of divided powers, federalism, and checks-and-balances is not going to produce much of substance.
(Excerpt) Read more at ...

Where’s that 5% unemployment rate Obama promised by now?

AEI ^ | AUG 2,2013 | James Pethokoukis

In fact, the economy has only grown at half that pace during the recovery; even slower over the past year.
And once you take that labor force decline into account, adjusted for the aging of the US population, the “real” unemployment rate is between 9% and 10% while the combined unemployment/underemployment number is 14.0%. As a recent report from the Century Foundation calculates it, almost the entire decline in the unemployment rate during this recovery was because of declining labor force participation rather than increased labor demand.
Yes, the Great Recession was worse than Team Obama knew back in 2009. And other bad stuffed happened later, like the euro crisis. (Not to mention some good stuff like the Bernanke Fed’s unprecedented monetary easing.) Through it all, however, the White House stayed optimistic, even knowing the history of post-financial crisis recoveries. And there is no sign yet that Obama is reevaluating the notion that higher taxes and more government investment is the path to American prosperity, or acknowledging that uncertainty about Obamacare might be slowing the creation of full-time jobs.
Now, maybe the smart guys on Wall Street are right, and finally the economy is ready to really accelerate. Deutsche Bank, for instance, sees the unemployment rate falling to 5.6% by the first quarter of 2016 (including a less active labor force). If so, you can thank a) the Fed and b) the natural resilience of the entrepreneurial US economy. A job market recovery? Obamanomics never did build that.
(Excerpt) Read more at ...

AP Reluctantly 'Discovers' Trend Towards Part-Time and Lower-Paid Work -- Years Late!

Newsbusters ^ | August 3, 2013 | Tom Blumer

In this case, the old saying, "Better late than never" really shouldn't apply. In June, when the government's Household Survey used to determine the unemployment rate reported that there were 240,000 fewer full-time workers and 360,000 more part-time workers than there were in May, the establishment press, particularly the Associated Press, largely ignored or downplayed the result.
The AP's Christopher Rugaber broke the ice a bit in early July after June's jobs report, and the wire service has finally gone full-bore into noting the trend towards part-time work in the past two days. But while the press slept for months, center-right bloggers and many others have been chronicling the trend anecdotally since late last year, and gradually with solid numbers from the government's own reports as the year has worn on.
(Excerpt) Read more at ...

Tolerant People

The Truth

Getting it going?

I won't look!