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Showing posts from October 22, 2009

Liberty & Tyranny Quiz, Part 1

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This is a quiz I created for the first four chapters of Mark Levin's book - Liberty & Tyrrany. Results .

Obama administration to impose salary restrictions.

Bailing out companies with taxpayer moneys was and still is a double edged sword, precisely the reason that doing so was catastrophic in every sense of the word.  In this story, we learned that certain companies are very likely to be on the receiving end of significant restrictions in compensation.      The seven companies are: Bank of America Corp., American International Group Inc., Citigroup Inc., General Motors, GMAC, Chrysler and Chrysler Financial.Total compensation for the top executives at the seven firms will decline, on average, by about 50 percent, according to the person familiar with the administration's decision. Great.  So now we have a damned if you do, damned if you don't situation.  These corporations owe us quite a bit of money, hundreds of billions that could be used to stymie our deficit.  Their ability to pay back the money largely depends on a notion that our country will magically recover, an impossible event without a significant amount of debt defa

Obama slams Republicans and Independents, praises Democrats.

Yesterday (video below), President Obama in his usual elitist manner accused a majority of Americans being brainless zombies, while praising Democrats for being " an opinionated bunch" while the other side just "do what they are told". There are several problems with this statement, beyond the glaring partisanship exhibited by our President.  First of all Obama's popularity is in the toilet and has been there for quite some time, perhaps this fact is bringing about more elitism than usual.  According to Rasmussen . For the first time during Obama’s time in office, the Approval Index has been in negative double digits for seven straight days. Fifty percent (50%) of Democrats Strongly Approve while 66% of Republicans Strongly Disapprove of his performance. Among those not affiliated with either major political party, 18% Strongly Approve and 42% Strongly Disapprove. Interesting to note that his opinionated bunch still blindly support him while the rest of coun