July 3, 2009
Courage in the heat of battle, another amazing Soldier - Lt. Col. Tray Ardese.
‘It was “game on” when you walked out’ - Travis J. Tritten, Stars and Stripes
“It was going to be a reconnaissance patrol. We thought we would sneak out and see what was going on,” he said. “Somebody was watching the base and caught us leaving.”
It was just before midnight when Ardese got an uneasy feeling, a kind of sixth-sense tingle.
The attack opened with the detonation of a homemade bomb — artillery shells buried in an embankment. The blast shot shrapnel through the air and seemed to slow down time, Ardese said.
The unit’s corpsman and communication specialists were hit, and a piece of metal tore into Ardese’s shoulder, breaking it before lodging in his shoulder blade.
“I came back to my senses, and there was a lot of gunfire and people fighting,” said Ardese, who was knocked off his feet.
There was an indescribable ringing in his ears, and his nose was bleeding.
Attackers bore down with small-arms fire, while a member of the unit tried to suppress the fire with an M-240 medium machine gun, he recounted.
Ardese called to his dazed radio operator to get ready. He requested a fire-support mission from an artillery battery, followed by close air support from F-16 jets.
Meanwhile, he and the rest of his unit kept up the fight.
“My arm just wouldn’t work very well. It was kind of stuck to my side,” he said. “I had an M-4, so it wasn’t really heavy, and I could prop it with my other arm.”
Ardese said the firefight against about a platoon of insurgents lasted about 40 minutes. It is unknown how many of the attackers were killed, he said.
“It was going back and forth. We were gaining fire superiority with machine guns,” he said. “We didn’t stay behind. At the end, we had to get out of there.”
Read the rest of the story.
Lt. Col Tray “Tonto” Ardese, 2006 Anbar Province, Iraq
See how informed you are on US History and Civics.
Independence Day Quiz
No cheating by going to a search engine. It’s only 30 questions, I scored 28 with one really stupid mistake.
Independence Day Quiz, American Civics
July 2, 2009
Come and join the Tea Party Nation for a rally in support of freedom and liberty.
It’s time for every citizen to step up and get involved. Let our Legislators in D.C. know they work for us and we don’t want an expanding central government. Let our Tennessee legislators know we don’t want the Waxman-Markey Cap and Trade (H.R. 2454) or the Food Safety Enhancement Act (H.R. 2749) or the Clean Water Restoration Act (S. 787).
Patriotic Revival, Tea Party Nation, Independence Day Rally, CWAN, HR 2454, Waxman-Markey Cap and Trade, HR 2749, Food Safety Enhancement Act 2009, S. 787, Clean Water Restoration Act, Rep Bart Gordon, Rep Jim Cooper, Sen Lamar Alexancer, Sen Bob Corker
July 1, 2009
 Force Protection Team
Members of the force protection team at Camp Eggars, Afghanistan, assess damage resulting from an explosion near the gate. A vehicle-born improvised explosive device exploded near the German Embassy and a U.S. base. Eliminating threats such as the VBIED is the focus of Army’s 3rd Counter-IED Conference that was scheduled July 28-30.
These brave men and women sacrifice so much in their lives so that others may enjoy the freedoms we get to enjoy everyday.
For that, I am proud to call them Hero.
We Should Not Only Mourn These Men And Women Who Died, We Should Also Thank God That Such People Lived
This post is part of the Wednesday Hero Blogroll. For more information about Wednesday Hero, or if you would like to post it on your site, you can go here.
Wednesday Hero, Force Protection Team,
There’s a number of videos showing John Rich speaking with war veterans but this one happens to be with a WWII Veteran who is close to the hearts of the Tennessee Patriot Guard. You can read about John’s visit to Washington D.C. through the Honor Flight program.
John Hall, WWII Veterans, Tn Patriot Guard, John Rich, Honor Flights
June 30, 2009
June 29, 2009
Get yourself to the Hill to show your response to Rep Bart Gordon and Rep Jim Cooper for voting to double your energy and gas costs with a yes vote for H.R. 2454, Waxman-Markey Cap and Trade Bill. This bill is a horrendous power grab for centralized government along with killing the energy sector all in the name of junk science. Along with that, it establishes Federal building codes using California building codes as the guideline. If you’re a city, town, village, township you will have to hire a fulltime inspector who has been licensed by the Federal government.
There’s 1300 pages of energy and job killing legislation with this bill. No Representative who voted for this bill read the bill! They couldn’t have since the final bill was released at 3am the day of the vote last Friday.
If that isn’t bad enough there’s more power grabs about to happen by the Democrats if you don’t wake up and pay attention.
2 Huge Central Government Power Grabs:
H.R. 2749 Food Safety Enhancement Act of 2009
S. 787 Clean Water Restoration Act
Join us for the Liberty Rally
What: Nashville’s Next Tea Party, the Middle TN Liberty Rally. Click TNTeaParty.org for the event website.
When: Monday, June 29th, 12Noon-2PM
Where: Legislative Plaza, Downtown Nashville across from the Capital, Click HERE for a Google Map
Speakers: Phil Valentine, Steve Gill, Ralph Bristol, Drew Johnson, Ken Marerro, Bernadette Ash (mom, volunteer, citizen), Eric Odom (National TeaParty Leader) Ben Cunningham, (more to be announced)
Come see us at the CWAN booth.
CWAN, Liberty Rally, HR 2454, Waxman-Markey, Cap and Trade, HR 2749, Food Safety Enhancement Act 2009, S. 787, Clean Water Restoration Act, Tn Tea Party, Rep Bart Gordon, Rep Jim Cooper
June 27, 2009
Jean Barwick
June 27, 2009
Conservative Women’s Action Network
To the groans and growing rage of millions of Americans, the Waxman-Markey Cap and Trade legislation crawled over the finish line in the House on Friday evening by a vote of 219-212. Manning the water stations at various checkpoints was a handful of Republican turncoats who kept the bill hydrated enough to achieve its narrow victory.
Mary Bono Mack, R-California
Mike Castle, R-Delaware
Mark Kirk, R-Illinois
John McHugh, R-Nevada
Frank LoBiondo, R-New Jersey
Leonard Lance, R-New Jersey
Chris Smith, R-New Jersey
Dave Reichert, R-Washington
Had only four of these equivocators voted as they were called upon by their constituents to do, the vote would have been 216-215 and the bill would have been defeated. Two other Republicans didn’t even bother to show up for the vote. Jeff Flake, R-Arizona was absent because his daughter is in a beauty pageant today (a “family conflict” he says), and John Sullivan, R-Oklahoma, is in rehab for alcohol addiction. Interestingly, Patrick Kennedy, D-Rhode Island, was able to tear himself away from rehab to cast his yea vote.
Once again, Republicans, libertarians and conservatives, and anyone else who sees through the Cap and Trade shell game, were betrayed by a handful of Republican sellouts who no doubt will be amply rewarded by their environmental pinhead counterparts in Congress for selling out their own country.
Following her narrow win, Speaker Pelosi made this acid-laced and arrogant public statement: “For some it was a very difficult vote because the entrenched agents of the status quo were out there full force, jamming the lines in their districts and here, and they withstood that.” I assume that by “the entrenched agents of the status quo” she meant the millions and millions of Americans who voiced their opposition to the legislation.
There is a silver lining, however. Thanks to those Americans who are finally paying attention and taking a stand, this win is tiny, it is fragile. It means we double our efforts to defeat Waxman-Markey Cap and Trade legislation in the Senate. “The entrenched agents of the status quo” are coming for a visit and we’re bringing this message:
For all you capitulators warming seats on the Republican sides of the House and the Senate both at the state and federal level - while you distract yourselves castigating and castrating the Republican base for being “too conservative,” we’re moving through our country with one goal: to make you as irrelevant on the ballot as the Democrats have made you in the legislatures.
Cap and Trade, H.R. 2454, H.R. 2998, Waxman-Markey Energy Bill, Jean Barwick, CWAN
June 26, 2009
Anybody? Where is the Democrat controlled Congress? Oh yeah, that’s right they’re busy passing “energy” legislation (HR 2454)to bankrupt Americans with all the new taxes and bureaucracy.
From Market Ticker - More Fed Lawlessness: AIG
See what happens when Congress refuses to enforce The Federal Reserve Act’s provisions that require that equity ownership be taken only in instruments that have the full faith and credit of the US Government behind them?
Under the agreement, AIG will split off AIA and Alico into separate company-owned entities called “special purpose vehicles,” or SPVs. The New York Fed will receive preferred shares now valued at $25 billion — $16 billion in AIA and $9 billion in Alico — and in exchange will forgive an equal amount of AIG debt.
So now The Federal Reserve (actually the NY Fed) partially owns an insurance company through more off-balance-sheet Frankenstein monsters.
This is blatantly in violation of The Federal Reserve Act but nobody in Congress seems to care.
AIG, NY Federal Reserve, AIA, Alico, Fed ownership AIG
June 25, 2009
How low can a Democrat get? Down in the sewer low with the example of their Leader Obama. Remember when Obama made what he considered a self effacing joke on Leno at the expense of Special Olympics participants? Now, Linda Kellen Biegel, official blogger for the Alaskan Democrat Party, has photoshopped a picture of Trig Palin to go after Gov. Sarah Palin.
Look at the photoshop’d distortion of Trig Palin who is a Down Syndrome baby.
Remember when the TN GOP made a video of Michelle Obama using actual video footage of her words and this was decried throughout the nation by every media outlet as wrong. Nothing was photoshopped, no words were inserted nor were her words distorted. Yet everyone was coming down on the TN GOP for letting people know about Michelle Obama’s lack of patriotism or love for her country.
I’ll be waiting for the same media storm to decry the outrageous conduct of this Alaska Democrat operative against a small child who happens to be the son of the Alaska Governor. I always thought the children of polticians were supposed to be out of bounds from political attacks. But we know, this policy only applies to Democrat politicians.
Alaska Democrats, Linda Kellen Biegel, photoshop Trig Palin, Gov Sarah Palin
June 24, 2009
While Obama was still a Senator one of the few bills he was pushing was the Global Poverty Act (S. 2433). This act gives authority to the United Nations authority to tax and impose laws on the United States. Since this wasn’t accomplished through legislative actions, Obama is now going to commit the U.S. through the United Nations. Obama wants to commit the US to a global tax of 0.7 percent of the US GDP.
Think of that. Obama wants to hand over control of almost 1 percent of the US GDP to a group of corruptocrats at the United Nations. The UN which is controlled by tyrants and theocrats who are salivating at the thought of adding to their pots of gold control of US taxpayer money under the guise of helping poverty in the world. Typical power grab by Obama and his totalitarian buddies of the UN.
U.N. to Emerge as Global IRS
The conference was postponed from June 1-3 and will now take place June 24-26 at the U.N. in New York. While the “outcome document” has been watered down somewhat from the previous version, it still reaffirms attainment of the U.N.’s Millennium Development Goals, which would require the payment of $845 billion from U.S. taxpayers. A commitment to the MDGs was a stated objective of the Global Poverty Act, which Barack Obama had introduced as a U.S. senator. It requires the U.S. to devote 0.7 percent of Gross National Income to foreign aid.
Now, as President, Obama can bypass the Congress and simply direct his Ambassador to the U.N. Susan Rice to approve the U.N. conference document. Then the pressure will be increased on Congress to come up with the money and satisfy our “international commitments.”
This is how Obama committed $108 Billion of US taxpayer dollars to international banks (IMF). He committed at the G-8 and then the Democrats attached an amendment to the Supplemental War Funding Bill. So, if the Republicans voted against the bill, it would look like they were voting against funding for the war.
The UN bureaurospeake for global taxes is now called: “Solidarity Levies”
The term “Solidarity Levies” is U.N.-speak for global taxes.
The Stiglitz document explains, “Some of the initiatives that have been proposed encompass ’solidarity levies’ or, more generally, taxation for global objectives. Some countries have already decreed solidarity levies on airline tickets but there is a larger set of proposals. There have also been suggestions to auction global natural resources-such as ocean fishing rights and pollution emission permits-for global environmental programs.”
It goes on to say, “The suggestion of taxes that could be earmarked for global objectives has a long history. To avert their being perceived as encroachments on participating countries’ fiscal sovereignty, it has been agreed that these taxes should be nationally imposed, but internationally coordinated.”
So the nations of the world, including the U.S., will collect the taxes but then turn them over to institutions such as the U.N. The world body will function, in effect, like a global IRS.
There are all sorts of global controls embedded with the UN Millennium Goals, none of which are good for the US. The UN Millennium Goals pretty usurp the US Constitution and US Sovereignty. Once approved by the Senate that’s it!
Global Poverty Act, S. 2433, UN Millennium Project, United Nations, Cap and Trade, Millennium Development Goals MDGs, IMF, global taxes, solidarity levies
 Band Of Brothers
Something a little different this week. Instead of profiling a service member, Wednesday Hero will be profiling a movie. Band Of Brothers. It was a miniseries tha aired on HBO in 2001. It follows Maj. Richard Winters, Cpt. Lewis Nixon and the men of the 2nd Battalion, 506th Parachute Infantry Regiment assigned to the 101st Airborne Division, aka E-Company or Easy Company on their march to Germany. From their training to their battles at Normandy and Bastogne, their liberation of the Kaufering IV concentration camp to their taking of Hitler’s Eagle Nest. A great cast and great writing make this one of the best war movies ever made. But it is graphic in visuals and language. And parts of it may be hard to watch, but it is worth it.
What the men of E-Company did will never be forgotten. They are the heroes that helped the cause of freedom.
These brave men and women sacrifice so much in their lives so that others may enjoy the freedoms we get to enjoy everyday.
For that, I am proud to call them Hero.
We Should Not Only Mourn These Men And Women Who Died, We Should Also Thank God That Such People Lived
This post is part of the Wednesday Hero Blogroll. For more information about Wednesday Hero, or if you would like to post it on your site, you can go here.
Wednesday Hero, Band of Brothers
June 23, 2009
This faux interest of Obama’s for Wounded Warriors was evident during the inaguaration and continues. Nice, you order wounded soldiers for an appearance with the CIC, order them to be in place at 11:30 and be late and make these wounded soldiers wait around for 3.5 hours. Then when the Obama does arrive he blows through the room, has nothing personal so say, doesn’t know their names nor does he have any clue how or where they were injured.
Nothing.But.A.Photo.Op at the expense of our wounded soldiers.
Read about it at Blackfive.
Yesterday. Dave Jr. was ordered to be at the National Naval Hospital with another 12 soldiers and Marines to meet with Obama. Obama was supposed to arrive at 11:30 AM. He finally got there at 3:00 PM. He entered the room with the wounded warriors and quickly shook each of their hands. He never asked their names, where they were from, or how they were injured. Then he left.
Dave Jr. has met the people who really care about the military. All he remembers from Obama is a weak handshake. The others in the room, younger and less exposed to the people that Dave Jr. has met, were so disappointed. Word about Obama’s “insensitive” visit has spread to the MATC ( the rehab facility) at Walter Reed and throughout Bethesda. The military sees through his phoniness.
All I can say is that it is such a disappointment that this man is Commander-In-Chief of our Armed Forces. He is an embarrassment to our Nation.
President Bush had a true and genuine caring for his troops. He knew their names, how and when they were injured. He usually visited the wounded soldiers instead of making them come to him. Read the comments and you’ll find out much more.
Obama, photo op with wounded soldiers
June 21, 2009
How easily it is to move from the American form of government to an oligarchy. All it takes is for a few good men (and women) to do nothing!
Too bad this video isn’t used in American public and private school civics and history classes today. Do they still teach civics in school today? Seems to me there are too many on the left who believe the fallacy that Nazism is a product of right of center government. It is nothing more than a product of propaganda from a propaganda dissemination during WWII to differentiate Communist Russia from Nazi Germany.
American form of government, oligarchy, republic, Nazism, facsism, communism
June 18, 2009
It’s a guide to the Age of Obama from Victor Davis Hanson.
Here’s a couple of my favorites:
5.Random violence. Some assassinations represent larger American pathologies, but others do not. When a crazed lone gunman murders someone outside the Holocaust Museum or shoots an abortion doctor, we should worry about growing right-wing and Christian extremism.
But when an African-American Muslim convert brags about his murder of a military recruitment officer or an Islamic group plots to kill Jews and blow up a military jet, these are largely isolated incidents without larger relevance.
8.The West. Western values and history aren’t apparently that special or unique. As President Obama told the world during his recent speech in Cairo, the Renaissance and Enlightenment were, in fact, fueled by a brilliant Islamic culture, responsible for landmark discoveries in mathematics, science and medicine.
Slavery in America ended without violence. Mistreatment of women and religious intolerance in the Middle East have comparable parallels in America.
I think another one could be added. Before Obama became Commander in Chief,back in 2007 he accused the US Military of “just air raiding villages and killing civilians”. I’m wondering does that opinion apply today since this is now ‘his’ military doing the supposed air raiding and killing of civilians!
Guide to Age of Obama, Victor Davis Hanson, troops just air raiding and killing civilians, CIC
June 17, 2009
Coming to the US soon if ya’ll don’t get off your dead butts and pay attention and get involved!
Here’s an awesome little analogy written by a physician from West TN who has a prominent and prolific blogger wife.
Socialized Auto Repair and Car Care
The dictum finally came down from the lord Barack Obama, the messiah, the most merciful that all the land should be taxed and part of the proceeds would be used to fund socialized car care.
Mac the mechanic, who had been an auto mechanic for at least 30 years received notice in the mail that he would no longer be able to bill people directly for his services, but would rather have to send a monthly claim to the administration of car care and auto repair. Mac had always pretty much run a cash and carry service. His loyal customers would bring their cars in for service. Mac, who was very competent and very well liked, would go over the problems with his clientele, make the authorized repairs, get paid in cash, and everyone was happy. If any unexpected problems occurred, Mac would do his best to make things right.
Go read all about our future if Obama is successful.
Socialized Auto Repair Care, Obama, government healthcare, universal healthcare, Democrats,
How deranged is it that NYT’s reporter John Harwood drools over Obama swatting a fly? This is what is called news by these cultists who claim to be journalists.
From Newsbusters:
During a CNBC interview, New York Times reporter John Harwood shared an intense moment with President Obama: “He had this fly that was persistently buzzing around him during the interview…he swatted his hand and he said ‘I got the sucker’…it was a, you know, Dirty Harry ‘make my day’ moment.”
Harwood described the showdown at the end of the 4PM ET hour on MSNBC, after anchor David Shuster remarked: “John, I know that the President is credited with being sometimes awfully lucky, rainbows appear sometimes when he speaks, but I understand there was an instance today where he killed a fly out of mid-air during your interview.” Harwood began to tell the tale: “Well, David, this reminded me of that moment during the campaign when he took a three-point shot at a military base and it swished.”
There’s more on this hard breaking news story on MSNBC at Newsbusters. 
Obama media drooling, John Harwood, killing a fly
 Pvt. William Long
23 years old from Conway, Arkansas
D Company, 2nd Battalion, 58th Infantry
June 1, 2009
“My brother taught me valuable lessons and made me the man I am today,” said Pfc. Triston Long, brother of Pvt. William Long. “My commander said, ‘Make your brother one of us.’ I will miss my brother with all that I am, and I serve in honor of him.”
Pvt. William Long had just completed basic training and was set to ship out on June 8 to his first duty station in Korea when he and Private Second Class Quinton Ezeagwula were shot outside a Little Rock, Arkansas Army-Navy Recruiting Center by Abdul Hakim Mujahid Muhammad. They were in Little Rock to speak to with potential recruits about their experiences.
Pvt. Long’s father, Daris Long, a former Marine, wrote a letter to give to him when he shipped out for South Korea. In that letter he wrote, “Your day only ends when you�ve done your duty. You and your brother � are both heroes for having the moral courage to stand up when your country needs you most. You are in my hopes and my thoughts and my prayers. You are my son, you are my hero. I love you. Semper fidelis.”
Along with his father and brother, Pvt. William Long is survived by his mother, Janet, who had served in the Navy herself.
All Information Was Found On And Copied From RedState, Sipsey Street Irregulars & Army Times with help from Kathi
These brave men and women sacrifice so much in their lives so that others may enjoy the freedoms we get to enjoy everyday.
For that, I am proud to call them Hero.
We Should Not Only Mourn These Men And Women Who Died, We Should Also Thank God That Such People Lived
This post is part of the Wednesday Hero Blogroll. For more information about Wednesday Hero, or if you would like to post it on your site, you can go here.
Wednesday Hero, Pvt William Long
June 16, 2009
Obama and Dhimmicrats want the US to move to government healthcare because of this supposed 46 million uninsured people in the United States. Notice they don’t say Americans. That’s because at least 9.7 million of the 46 million are non-citizens. The Census people don’t specify whether those are legal or illegal residents, but since we know there are at LEAST 10 million illegal aliens in this country, that number isn’t too big of a stretch.
If it isn’t bad enough that Obama and his Democrat cohorts want this country to dive down the cauldron to socialism for illegal aliens the rest of the 36.3 million are questionable too. The point to make with this is that these illegal aliens and legal immigrants still have healthcare (that we all are paying for), it’s just that they don’t have medical insurance. The use of emergency services at hospitals is immense and is costing taxpayers dearly every year. In fact this alone is bankrupting emergency rooms around the country.
Then we have those could pay for insurance but opt not to and hey, that’s their choice. Approximately 18 million uninsured are healthy and between the ages of 18 and 34. That leaves 18.3 million uninsured. Included in these uninsured are those over the age of 34 and earning in excess of $75,000 per year.
So, for less than 18.3 million residents or maybe Americans Obama and the Dhimmicrats want the US to move to government healthcare/insurance. It’s healthcare though, not insurance.
This is all about dependence on government. When there is dependence on government then government controls, not the people. Are you all really willing to give up your freedom and liberty for this shaman?
IBD Editorials - The Phantom Uninsured
The issue here is not providing health care, but who controls it. We believe health care is a matter between doctor and patient, not patient and bureaucrat. Obama says his plan is to ensure “that there is an option out there for people . . . where the free market fails.”
But the free market has not failed, except when it’s been overburdened by overregulation, mandates and litigation to the point that it is no longer free. Bleeding the patient didn’t work as a medieval medical remedy. Neither will bleeding the taxpayer and using bogus numbers to justify it.
Where is the lamestream media in questioning any of these statistics? AWOL!
Obama, Democrats, Healthcare, medical insurance.medical government option, uninsured, 46 million uninsured, cult of obama
That is a quote from Republican Representative Mike Pence of Indiana. Supposedly the theory of PayGo is for each dollar spent, then a dollar must be saved or cut from someplace else. Remember all during the 2006 election cycle this was the mantra we heard from the spendthrift Nancy Pelosi!
From the Heritage Foundation blog The Foundry:
1) PAYGO has never been enforced
* During the 1991-2002 round of statutory PAYGO, Congress and the President still added more than $700 billion to the budget deficit and simply cancelled every single sequestration that would have enforced PAYGO.
* Since the 2007 creation of the PAYGO rule, Congress has waived it numerous times in order to add $600 billion to the deficit. In fact, the entire “stimulus” bill violated PAYGO; Congress simply ignored the rule.
2) PAYGO’s design is flawed
* PAYGO exempts all discretionary spending, and would also allow all current entitlement programs like Social Security, Medicare, and Medicaid to continue growing on autopilot. It affects only new entitlements or tax cuts that may be created in the future.
* Even if PAYGO were fully enforced, entitlement spending would still grow 6 percent annually, and discretionary spending could grow without limit.
What a farce. Where’s the lamestream media on this? Crickets……
Democrats PayGo, PayGo, Obama, PayGo Farce
Here’s my theory,when an apology is followed by a but it is not an apology. Supposed ignorance is not an apology. That’s what Letterman is claiming with his non-apology. He didn’t really know that the Palin’s 14 year old daughter was at the game. It’s okay to have an open season on the 18 year old daughter though and to call Gov. Sarah Palin a slut.
Letterman still doesn’t believe he said anything wrong. The hate and fear of Sarah Palin on the Left is so visceral that Letterman’s ‘joke’ to most Lefties is nothing to see here, just move along. Anything said about the Palin’s is acceptable, nothing is out of bounds.
Gov Sarah Palin, Willow Palin, Bristol Palin, Dave Letterman
June 15, 2009
This is so convoluted, it is difficult to follow. First, the Democrats have stuck the IMF Bailout of $108 Billion in a war supplemental bill (which is $106 Billion) and are masquerading the bailout as a $5 Billion bailout.
From Robert Romano of Americans for Limited Government:
By Obama’s own admission, the $100 billion credit is really just welfare for developing nations. What he doesn’t tell Congress or the American people is that the IMF credit extension actually helps China, Russia, and other foreign purchasers of U.S. treasuries to transition away from the dollar. And it will all be done rather simply.
Here’s how it works. The IMF is getting a huge boost from the international community of $500 billion, including the $100 billion from the U.S., taking its total assets to about $750 billion. With that, it can make loans and distribute aid to developing economies all around the world. The loans pay back interest to the IMF.
Now, in a new move, the IMF is selling bonds to nations, including China, Russia, India, and Brazil. According to Bloomberg News, these will “pay an interest rate pegged to the IMF’s basket of currencies, known as Special Drawing Rights.” China is buying as much as $50 billion, and Russia about $10 billion.
Russia is said to be “switch[ing] some of its reserves from U.S. Treasuries to International Monetary Fund bonds…” According to Alexei Ulyukayev, first deputy chairman of Russia’s central bank, reserves would be moved from treasuries into IMF debt. Those bonds will earn interest for the Russians, Chinese, and whoever else invests in them.
Which, of course, the U.S. is not. In the face of this blatant monetary aggression, the U.S. is borrowing money from these same creditors, and/or printing more cash, to “lend” it to the IMF to basically help them to make loans to allegedly needy nations and therefore leverage the sale of the bonds. What’s worse, if the IMF accepts treasuries as payment for the SDR-denominated bonds, a major run on dollar-backed assets could be seen.
In other words, U.S. taxpayers will be paying higher interest on the national debt in order to raise the cash necessary for the IMF to make loans, collect interest of their own, and then sell bonds—just like a central bank. In the process, the IMF’s Special Drawing Rights (SDR) become a de facto international reserve currency.
And in very short order, it will replace the dollar.
So how does $108 Billion become $5 Billion? It’s called Democrat’s fuzzy math.
Read Romano’s article since you aren’t going to get the full picture of this debacle unless you read it all.
$100 Billion IMF Line of Credit on the Fast Track, or Off the Track?
IMF Bailout, IMF $108B, 2009 War Supplemental, Follow the money
All in the name of the scam called ‘Global Warming’, the U.S. is going to give aid so China (which is considered a developing country) to reduce their carbon emissions. The Chinese have got to be having a huge laugh at us idiot Westerners.
State Department Says China to Get U.S. Aid under New Climate Deal
U.S. Special Envoy for Climate Change Todd Stern said that there was “no question” that China would receive both financial and technological assistance from the United States as part of upcoming climate change talks to be conducted in Copenhagen, Denmark.
“This is a developing country issue, which includes China,” Stern told reporters on Friday. “I think there is no question that a Copenhagen agreement is going to have to include mechanisms to provide the financial flows and technological assistance to developing countries.”
There is no end to the insanity. The US is deeply in debt to China yet we are going to give aid to China.
China, US aid to china, junk science, kyoto treaty, UNFCC, UN
June 14, 2009
There certainly was an huge outcry when President Bush fired 9 federal attorneys which are political appointees. But now Obama has fired (Obama gave this Inspector General an hour to get out) Gerald Walpin which looks to be soley about money and politics. However, according to the 2008 Inspectors General Reform Act of 2008 (which Obama voted for and co-sponsored), this firing violated this statute.
Read all about it at Powerline - The Walpin Story: It’s About Money
So the investigation had to be swept under the rug quickly, and Walpin had to go. Obama had one of his White House lawyers call Walpin and demand that he resign within an hour. When Walpin refused to quit, Obama fired him without giving a reason other than his supposed lack of “fullest confidence” in Walpin. This certainly violated the spirit, and may have violated the letter of the 2008 Inspectors General Reform Act, which Obama co-sponsored. (I think it probably did.) This is classic Obama–ignoring a statute which he himself had sponsored just a year earlier.
Everything that we know about the Walpin episode so far contributes to the picture we are getting of the Obama administration–its fondness for bullying tactics; its lawlessness; its cronyism; its lack of transparency; its eagerness to crush anyone who gets in the way of Democratic Party corruption. I’m afraid we’re going to see many similar stories over the next 3 1/2 years.
But nevermind national media, just move on and continue your unquestioning adoration of the ‘One’.
Gerald Walpin, 2008 Inspectors General Reform Act, Obama, Kevin Johnson, mayor sacramento ca, Americorps, Alan Solomont
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