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The biggest idiot ever?

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by Tucson » Wed Apr 08, 2009 3:47 pm

I just put "Lincoln quote" and the terms you used.
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by GIMNEPIWO » Thu Apr 09, 2009 5:09 am

Why is always the simplest of things that evade me :?: ... geesh ...
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by Dugout Dad » Mon Apr 27, 2009 2:49 pm

This guy is an idiot. Air Farse One scared the crap out of New Yorkers today for a photo op. How much tax $$ did this cost us. Could have used Photoshop instead. We know his administration has forgotten about 9/11, but New Yorkers haven't. Just imagine the media uproar if the Bush administration would have done this. Check out the video below:

http://www.nypost.com/seven/04272009/ne ... 166470.htm
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by anonlooker » Mon Apr 27, 2009 4:58 pm

Yeah, a fly by over Manhattan with an interceptor on wing probably wasn't a great idea. Makes you wonder...
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by GIMNEPIWO » Mon Apr 27, 2009 6:40 pm

Spazsdad wrote:When the guy donates a photo of himself to an auction for his kids school he obviously isn't thinking of the greater good.
http://www.msnbc.msn.com/id/30425056/


It just shows to go ya how you don't remember things zackly like they happened ... I thought for sure Billary had donated a slightly used stogey and Hillary donated a stained dress that she found in the Oral Office .... :o
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by anonlooker » Mon Apr 27, 2009 10:27 pm

Spazsdad wrote:When the guy donates a photo of himself to an auction for his kids school he obviously isn't thinking of the greater good.
http://www.msnbc.msn.com/id/30425056/


When the guy spends much of his first 100 days in office traveling around the world and dissing the United States, he obviously isn't thinking of the greater good.

I've never seen a President act more anti-American, or conduct a more rudder-less foreign policy. Note to all you apologists, sucking up is not a (heretofore) recognized foreign policy.

What an absolute international embarrassment!
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by anonlooker » Mon Apr 27, 2009 10:48 pm

I assume she's wearing a g string in that shot? ;)
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by GIMNEPIWO » Tue Apr 28, 2009 4:07 am

Spazsdad wrote:Sorry. I had a hard time reading your post as I kept scrolling back up to see the picture of MM, but I think I agree with you.


All joking aside ... her beauty is rather timeless ... Joe D had good taste ...
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by Dugout Dad » Tue Apr 28, 2009 8:06 pm

Dugout Dad wrote:This guy is an idiot. Air Farse One scared the crap out of New Yorkers today for a photo op. How much tax $$ did this cost us. Could have used Photoshop instead. We know his administration has forgotten about 9/11, but New Yorkers haven't. Just imagine the media uproar if the Bush administration would have done this. Check out the video below:

http://www.nypost.com/seven/04272009/ne ... 166470.htm

He is also a punk. They knew the flyover would cause a scare and panic, but they didn't care and did it anyway. The photo op cost 300K+. What a waste of tax $$$. Read on: http://wcbstv.com/topstories/air.force. ... 96457.html
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by Skarp » Wed May 06, 2009 3:06 pm

And so it begins...

From the Washington Examiner:

White House puts UAW ahead of property rights
By: Michael Barone
Senior Political Analyst
05/05/09 7:11 PM
Chrysler headquarters is shown in Auburn Hills, Mich., Wednesday April 29, 2009. (AP Photo/Paul Sancya)
Last Friday, the day after Chrysler filed for bankruptcy, I drove past the company’s headquarters on Interstate 75 in Auburn Hills, Mich.

As I glanced at the pentagram logo I felt myself tearing up a little bit. Anyone who grew up in the Detroit area, as I did, can’t help but be sad to see a once great company fail.

But my sadness turned to anger later when I heard what bankruptcy lawyer Tom Lauria said on a WJR talk show that morning. “One of my clients,” Lauria told host Frank Beckmann, “was directly threatened by the White House and in essence compelled to withdraw its opposition to the deal under threat that the full force of the White House press corps would destroy its reputation if it continued to fight.”

Lauria represented one of the bondholder firms, Perella Weinberg, which initially rejected the Obama deal that would give the bondholders about 33 cents on the dollar for their secured debts while giving the United Auto Workers retirees about 50 cents on the dollar for their unsecured debts.

This of course is a violation of one of the basic principles of bankruptcy law, which is that secured creditors — those who lended money only on the contractual promise that if the debt was unpaid they’d get specific property back — get paid off in full before unsecured creditors get anything. Perella Weinberg withdrew its objection to the settlement, but other bondholders did not, which triggered the bankruptcy filing.

After that came a denunciation of the objecting bondholders as “speculators” by Barack Obama in his news conference last Thursday. And then death threats to bondholders from parties unknown.

The White House denied that it strong-armed Perella Weinberg. The firm issued a statement saying it decided to accept the settlement, but it pointedly did not deny that it had been threatened by the White House. Which is to say, the threat worked.

The same goes for big banks that have received billions in government Troubled Asset Relief Program money. Many of them want to give back the money, but the government won’t let them. They also voted to accept the Chrysler settlement. Nice little bank ya got there, wouldn’t want anything to happen to it.

Left-wing bloggers have been saying that the White House’s denial of making threats should be taken at face value and that Lauria’s statement is not evidence to the contrary. But that’s ridiculous. Lauria is a reputable lawyer and a contributor to Democratic candidates. He has no motive to lie. The White House does.

Think carefully about what’s happening here. The White House, presumably car czar Steven Rattner and deputy Ron Bloom, is seeking to transfer the property of one group of people to another group that is politically favored. In the process, it is setting aside basic property rights in favor of rewarding the United Auto Workers for the support the union has given the Democratic Party. The only possible limit on the White House’s power is the bankruptcy judge, who might not go along.

Michigan politicians of both parties joined Obama in denouncing the holdout bondholders. They point to the sad plight of UAW retirees not getting full payment of the health care benefits the union negotiated with Chrysler. But the plight of the beneficiaries of the pension funds represented by the bondholders is sad too. Ordinarily you would expect these claims to be weighed and determined by the rule of law. But not apparently in this administration.

Obama’s attitude toward the rule of law is apparent in the words he used to describe what he is looking for in a nominee to replace Justice David Souter. He wants “someone who understands justice is not just about some abstract legal theory,” he said, but someone who has “empathy.” In other words, judges should decide cases so that the right people win, not according to the rule of law.

The Chrysler negotiations will not be the last occasion for this administration to engage in bailout favoritism and crony capitalism. There’s a May 31 deadline to come up with a settlement for General Motors. And there will be others. In the meantime, who is going to buy bonds from unionized companies if the government is going to take their money away and give it to the union? We have just seen an episode of Gangster Government. It is likely to be part of a continuing series.
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