Wells Fargo: Proudly Plunging Toward Bankruptcy...
Culture Watch, Vol. 71|
June 15, 2009
As the media focused on the he-said, she said between David Letterman and Sarah
Palin, Kim Jong-Il, the thug who runs N Korea with an iron fist (sound familiar?)
has threatened a nuclear Armageddon
if the U.S. dares to act on recently
passed UN sanctions. Scarier than his sabre rattling is a video of President Obama
, who exhibits a frightening lack
of knowledge as he gives a non-answer in response to a question about this volatile
Meanwhile, Iran is in the second day of massive and
against the 'fake elections' that allowed the mullahs to
anoint Ahmadenijad president. Ah, democracy.
In another of a string of 'Oops' moments, VP Biden let slip Sunday that 'everyone guessed wrong'
on the impact of the economic stimulus.
Guessed? Oh well, what's a few trillion bucks? Is it just me, or is America is starting
to resemble a reality show?
Why is this guy smiling?
Speaking of unreal reality, why is this dude smiling? Why, he's a former Gitmo terrorist
(alleged, yawn) who has been set free in Bermuda
. Four former Gitmo guys can watch the
ocean at leisure from the pastel-pink cliff top holiday cottage in Bermuda where
they are staying at US taxpayers’ expense. Hey, they're now dreaming of opening a restaurant
, specializing in Uighur food in this
millionaires paradise. Meanwhile, back in the U.S.:
GOVERNMENT AT WORK:
The federal government is now the largest shareholder in Citigroup
. And over at General Motors,
the new government appointed Chairman has declared,
"I don't know anything about cars." Not to
worry, he also said, "I think I can learn about cars. I'm not that old." Whew. Pretty
soon, Obama's promise of equality will be a reality - America will be equal to every
other third world country.
More unreality: Last Tuesday, Obama called for Congress to pay for certain spending
increases or tax cuts by coming up with savings somewhere else -- a "pay-as-you-go"
system. Sounds good, right? Later the same
day, he proposed budget rules that would allow Congress to borrow tens of billions of dollars
to pay for his health
care reform. This blatant contradiction eluded the media, they were otherwise occupied
salivating over Palin/Letterman.
As we sink further into recession, Democrats continue working on health care legislation
that includes $600 billion in tax increases
. In order to make sure no Republicans
could interfere, Democrats warned the, ever increasing
, health care lobbyists that it would not
in their best interests
to meet with Republicans. Ah, democracy.
Other government 'work product':
Dozens of US cities may have entire neighborhoods bulldozed
as part of drastic "shrink
to survive" proposals being considered by the Obama administration to tackle economic
The Senate overwhelmingly passed legislation
Thursday that for the
first time would bring down the full force of the government's regulatory hammer
on the tobacco industry
The U.S. Customs and Border Protection Agency is proposing a new definition
that could be used to eliminate
8 of 10 legal pocketknives in the United States right now.
There's more, but I've had enough. So, apparently, has the author of this letter
that is sweeping the net after being rejected by the NYT. Dear President Obama, You Scare Me.
What are they selling?
Calvin Klein is at it again. Can you tell what their new ad
Wall Street may be losing its luster for new U.S. college graduates who are increasingly
to the government
for jobs that enrich their social conscience.
Washington, DC ranks highest in the country
for cocaine use and alcohol dependence,
and has the third-highest percentage of marijuana usage, according to a new study.
Is anyone surprised?
The Alameda, Calif., government schools are adopting a curriculum
that will require first graders to
read literature that equates same-sex unions with a family made up of a mother,
father and child. Parents will not be allowed to opt their first graders out of
Attendee at a 'prom' held at Boston City Hall
A prom held at Boston City Hall
was open to children as young as
12 featuring crossdressers, homosexual heavy petting, suspected drug use and a leather-clad
doorman who teaches sexual bondage. Lovely.
While Americans are diverted with soft porn and sexual license, some scary stats
are going virtually unnoticed, to wit:
The U.S. government imposed $1.17 trillion in
new regulatory costs
in 2008. That almost equals the $1.2 trillion generated
by individual income taxes, and amounts to $3,849 for every American citizen.
Analysis of the economic impact
of climate legislation currently being crafted
by Dems projects that by 2035 the bill would: Destroy 1,105,000 jobs on average,
Raise electricity rates 90%, etc., etc. Read it and weep.
The 2009 Social Security and Medicare Trustees Reports show the combined unfunded
liability of these two programs has reached nearly $107 trillion
in today's dollars! That is about
seven times the size of the U.S. economy.
New numbers show stimulus fraud could hit $50 billion
. Meanwhile, this video
shows our Federal Reserve Inspector General,
apparently clueless about the trillions of dollars lent or spent by the Federal
Reserve, where it went, and the trillions of off balance sheet obligations. Sigh.
Chastity Bono, the child of legendary entertainers Sonny and Cher, is in the early stages of changing his gender
-- transitioning from
female to male. He/she will henceforth be referred to as Chaz.
In a rare bit of good news, German Chancellor Angela Merkel and French President
Nicolas Sarkozy led pro-business parties in defeating socialists
in European Parliament elections. I
guess they've seen that socialism just doesn't work. Will someone tell Obama, please.
is a one-hour documentary produced by The Heritage Foundation
that tells the story of the very real threat foreign enemies pose to every one us.
Check out the
and spread the word.
gives an excellent overview of the changing geography of job losses
and gains in every area of the U.S. since 2004.
Inquiring Minds Want To Know:
I've had enough. How about you?
Till next week, stay aware,