JusTalkin

China PLA officers urge economic punch against U.S. | Reuters.

BEIJING (Reuters) - Senior Chinese military officers have proposed that their country boost defense spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.

Oh, but there’s no such thing as too much spending.  What could possibly happen? It’s not like some foreign power could have any influence over us just because we owe them billions of dollars!

Clyburn: ‘We’ve got to spend our way out of this recession’ - The Hill’s Blog Briefing Room.

Here’s another quote for you:

Some other Democrats have worried that without expanded spending on social programs and other elements of the budget, some people hit hardest by the recession would be disadvantaged by the budget.

In other words, how can we buy votes if you take away our spending money to buy them with?  Those dems sure to love their socialist programs, don’t they?

On the way home from work today I was listening to Foxnews on XM and Beck played a part of one of Obama’s speeches.  He was talking about his desire and plan to fundamentally change America.  Now I know what I think he means by that and I really don’t like losing more freedom, and income, because of his wishes.  He really doesn’t get it just as the rest of the so called progressives don’t.  We need a fundamental change in leadership and more importantly a fundamental change in politics in America.

Sorry, Mr. President, there’s nothing wrong with the country.  It’s guys like you who spout off about how we dumb Americans just don’t get understand your brand of socialism that are the problem.  I’ll have to agree that far too many Americans don’t know their left from their right and their rights from their protections.  The problem is that many of us do understand the problem and are becoming more vocal as you, Mr. President, take more and more freedom along with more and more money from individuals.  The fundamental problem for you is that far to many of us do get it for you and your kind to be happy.

While I don’t agree with Objectivism as Ayn Rand does, I do believe that the basic premise of “Atlas Shrugged” is based on sound principles.  When you remove the incentive for producers to produce, they will stop producing.  History proves it over and over again.  If you haven’t read “Atlas Shrugged“, you should.  It’s very long but very well worth the time it takes to read it.

Justice Dept.: President Obama’s administration may take action on BCS - NCAA Football - SI.com.

The BCS sucks, but not nearly as bad as a president who thinks it’s his place have everything in the country run to his personal satisfaction.  Obama is GREATLY over reaching his place once again.  It’s like he said a while back, having this much power really can go to your head and it obviously has with him.

Unions nab sweetheart health-care deal - NYPOST.com.

Friends in high places sure does help.  Note that this was hammered out behind closed doors, which Obama said wouldn’t happen with him in the White House. Remember his promise to have all of this televised?

Big Labor got some big love from President Obama and congressional Democrats yesterday after they agreed to exempt union workers from the whopping “Cadillac tax” on high-cost health-care plans until 2018.

The sweetheart deal, hammered out behind closed doors, will save union employees at least $60 billion over the years involved, while others won’t be as lucky — they’ll have to cough up almost $90 billion.

The 40 percent excise tax on what have come to be called “Cadillac” health-care plans would exempt collective-bargaining contracts covering government employees and other union members until Jan. 1, 2018.

House Committee on Ways & Means

Today, Ranking Member of the House Ways and Means Committee Dave Camp (R-MI) released a letter from the non-partisan Joint Committee on Taxation (JCT) confirming that the failure to comply with the individual mandate to buy health insurance contained in the Pelosi health care bill (H.R. 3962, as amended) could land people in jail. The JCT letter makes clear that Americans who do not maintain “acceptable health insurance coverage” and who choose not to pay the bill’s new individual mandate tax (generally 2.5% of income), are subject to numerous civil and criminal penalties, including criminal fines of up to $250,000 and imprisonment of up to five years.

So here’s your health “reform” from those you elected.  How do you like me now?

Obama Signs Bill Extending Jobless Benefits as Unemployment Rate Skyrockets - FOXNews.com.

Thank you Mr. President for spending those billions of dollars to keep our unemployment from reaching 9%.  I’m so happy that you’ve “prevented” so many more jobs from being lost.

The demise of the dollar - Business News, Business - The Independent.

Friends, eh?

In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in the Gulf Co-operation Council, including Saudi Arabia, Abu Dhabi, Kuwait and Qatar.

Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars.

The plans, confirmed to The Independent by both Gulf Arab and Chinese banking sources in Hong Kong, may help to explain the sudden rise in gold prices, but it also augurs an extraordinary transition from dollar markets within nine years.

MY COMMENT ABOUT OBAMA ON WALL STREET - Nealz Nuze on boortz.com.

“Obama on Wall Street today. That’s like sending a child molester to speak to a kindergarten class.”

I see the parallel, do you?

Lawmakers Discipline SC Congressman Joe Wilson

Just another huge waste of time.  The economy is still in the tank and Congress takes time to stage a political stunt instead of finding ways to get out of the way of the free market to allow it to right itself.  So what’s new, right?

At least Joe left his cane at home.  These South Carolina representatives really should learn to control their tempers.