Tuesday, March 08, 2011

Blaming Wall St.

Liberal Lies, Propaganda and Omissions

Those who seek the truth seldom can find it in history books. Liberals who write those books blame conservatives for every criminal act those very Liberals commit against an uninformed citizenry. They use every trick in the book including lies, propaganda and omission to distort the truth to their own biased agenda.

For example, take the cause of our “Great Recession.” Liberals are blaming Wall Street and the Republicans for what was clearly an economic and societal catastrophe generated out of liberal redistributive policy. Take from the rich give it to the poor and when the poor fail to follow through blame the whole thing on the rich.

Over a billion people were listening in last Sunday when Charles Ferguson accepted the Oscar for “Inside Job” a documentary featuring the likes of George Soros blaming Wall Street for the meltdown of the real estate and mortgage market. He said “that three years after the horrific financial crisis caused by massive fraud not a single financial executive has gone to jail and that’s wrong”.

In that single phrase liberals incorporate not only their lies, but their propaganda and omissions as well. Anyone with a kindergarten education knows that NINJA loans were to blame for the meltdown and that Democrats not only sponsored but covered up the fraud until it was too late to save many financial firms. Senator Dodd and Representative Frank were at the core of the deception and they and they alone caused the Great Recession.

Now you can say Wall Street was complicit. They not only benefited from the fraud when it was taking place but doubly benefitted by betting that that the market would implode and they would profit when they covered their short positions. You bet there was corporate cronyism after the fact. They triply benefited by getting the government (the taxpayers) to bail out their losses by covering their bets on the downside.

But the playing field is not fair. The government is no longer a small institution based on limited government. It has grown into a behemoth. It can only be viewed as the enemy of free enterprise. Therefore since all tactics are allowed in war Wall Street knows how to play that game better than anyone else. Since they have to “make” the market in all securities they can’t be held responsible for seeing that government (their enemy) interference could be profited from on the downside as well as the upside. They have to make the market don’t they?

Those who really profited from betting the downside were Democrat CEO’s of major security houses and George Soros. So this self-made chaos orchestrated by Soros really makes us all a bunch of chumps. It makes the media and our politicians look even worse.

Comment by retired tax accountant Dick McDonald


"A remorseless demographic arithmetic"

Mark Steyn

According to Bismarck's best-known maxim on Europe's most troublesome region, the Balkans are not worth the bones of a single Pomeranian grenadier. Americans could be forgiven for harboring similar sentiments after the murder of two U.S. airmen in Germany by a Kosovar Muslim.

Remember Kosovo? Me neither. But it was big at the time, launched by Bill Clinton in the wake of his Monica difficulties: Make war, not love, as the boomers advise. So Clinton did — and without any pesky U.N. resolutions, or even the pretense of seeking them.

Instead, he and Tony Blair and even Jacques Chirac just cried "Bombs away!" and got on with it. And the left didn't mind at all — because, for a modern western nation, war is only legitimate if you have no conceivable national interest in whatever war you're waging.

Unlike Iraq and all its supposed "blood for oil," in Kosovo no one remembers why we went in, what the hell the point of it was, or which side were the good guys. (Answer: Neither.) The principal rationale advanced by Clinton and Blair was that there was no rationale. This was what they called "liberal interventionism", which boils down to: The fact that we have no reason to get into it justifies our getting into it.

A decade on, Kosovo is a sorta sovereign state, and in Frankfurt a young airport employee is so grateful for what America did for his people that he guns down U.S. servicemen while yelling "Allahu akbar!"

The strange shrunken spectator who serves as President of the United States, offering what he called "a few words about the tragic event that took place," announced that he was "saddened," and expressed his "gratitude for the service of those who were lost" and would "spare no effort" to "work with the German authorities" but it was a "stark reminder" of the "extraordinary sacrifices that our men and women in uniform are making . . ."

The passivity of these remarks is very telling. Men and women "in uniform" (which it's not clear these airmen were even wearing) understand they may be called upon to make "extraordinary sacrifices" in battle. They do not expect to be "lost" on the shuttle bus at the hands of a civilian employee at a passenger air terminal in an allied nation.

But then I don't suppose their comrades expected to be "lost" at the hands of an army major at Fort Hood, to cite the last "tragic event" that "took place" — which seems to be the president's preferred euphemism for a guy opening fire while screaming "Allahu akbar!"

But relax, this fellow in Frankfurt was most likely a "lone wolf" (as Sen. Chuck Schumer described the Times Square Bomber) or an "isolated extremist" (as the president described the Christmas Day Pantybomber).

There are so many of these "lone wolves" and "isolated extremists" you may occasionally wonder whether they've all gotten together and joined Local 473 of the Amalgamated Union of Lone Wolves and Isolated Extremists, but don't worry about it: As any Homeland Security official can tell you, "Allahu akbar" is Arabic for "Nothing to see here."

Bismarck's second best-known maxim on the region is that the Balkans start in the slums of Vienna. The Habsburg imperial capital was a protean "multicultural society" wherein festered the ancient grievances of many diverse peoples.

Today, the Muslim world starts in the suburbs of Frankfurt. Those U.S. airmen were killed by Arid Uka, whose Muslim Albanian parents emigrated from Kosovo decades ago. Young Arid was born and bred in Germany. He is a German citizen who holds a German passport. He is, according to multicultural theory, as German as Fritz and Helmut and Hans. Except he's not. Not when it counts.

Why isn't he a fully functioning citizen of the nation he's spent his entire life in? Well, that's a tricky one.

Okay, why is a Muslim who wants to kill Americans holding down a job at a European airport? That's slightly easier to answer. Almost every problem facing the western world, from self-detonating jihadists to America's own suicide bomb — the multi-trillion dollar debt — has at its root a remorseless demographic arithmetic.

In the U.S., the baby boomers did not have enough children to maintain their mid-20th century social programs. I see that recent polls supposedly show that huge majorities of Americans don't want any modifications to Medicare or Social Security.

So what? It doesn't matter what you "want." The country's broke, and you can vote yourself unsustainable quantities of government lollipops all you like, but all you're doing is ensuring that when, eventually, you're obliged to reacquaint yourself with reality, the shock will be far more devastating and convulsive.

But even with looming bankruptcy America still looks pretty sweet if you're south of the border. Last week, the former director of the U.S. Census Bureau, Steve Murdock, told the Houston Chronicle that in Texas "it's basically over for Anglos." He pointed out that two out of every three children are already "non-Anglo", and that this gap will widen even further in the years ahead. Remember the Alamo? Why bother? America won the war, but Mexico won the peace.

In the Lone Star State, Murdock envisions a future in which millions of people with minimal skills will be competing for ever fewer jobs paying less in actual dollars and cents than they would have earned in the year 2000. That doesn't sound a recipe for social tranquility.

What's south of Europe's border? Why, it's even livelier. In Libya, there are presently one million refugees from sub-Saharan Africa whose ambition is to get in a boat to Italy. There isn't a lot to stop them.

Between now and mid-century, Islam and sub-Saharan Africa will be responsible for almost all the world's population growth — and yet, aside from a few thousand layabout Saudi princes whoring in Mayfair, they will enjoy almost none of the world's wealth.

Niger had 10 million people in 2000, and half-a-million of them were starving children. By 2010, they had 15 million, and more children were starving. By 2100, they're predicted to hit 100 million. But they won't — because it would be unreasonable to expect an extra 90 million people to stay in a country that can't feed a population a tenth that size.

So they will look elsewhere — to countries with great infrastructure, generous welfare, and among the aging natives a kind of civilizational wasting disease so advanced that, as a point of moral virtue, they are incapable of enforcing their borders.

The nations that built the modern world decided to outsource their future. In simple economic terms, the arithmetic is stark: In America, the boomers have condemned their shrunken progeny to the certainty of poorer, meaner lives.

In sociocultural terms, the transformation will be even greater. Bismarck, so shrewd and cynical about the backward Balkans, was also the father of the modern welfare state: When he introduced the old age pension, you had to be 65 to collect and Prussian life expectancy was 45.

Now life expectancy has near doubled, you get your pension a decade earlier, and, in a vain attempt to make that deformed math add up, Bismarck's successors moved the old East/West faultline from the Balkans to the main street of every German city.




Speaking of the left’s willingness to provide cover for Islamic imperialism, the hippetty-hop mogul Russell Simmons was in Times Square this weekend to stand in solidarity with the Ground Zero mosque under the slogan “Today I Am A Muslim, Too“:
Some 300 people gathered in Times Square on Sunday to speak out against a planned congressional hearing on Muslim terrorism, criticizing it as xenophobic and saying that singling out Muslims, rather than extremists, is unfair.

Hip-hop mogul Russell Simmons and the imam who had led an effort to build an Islamic center near the World Trade Center site were among those who addressed the crowd.

“Today I Am A Muslim, Too.” So, like, you can be a Muslim on a Sunday and something else on a Monday? Hey, that’s great! Who knew? Maybe Russell Simmons could pass the good news on to Said Musa? They didn’t get the memo on death row in Kabul, where he was imprisoned for converting to Christianity.

Kim Kardashian was unable to attend the rally but tweeted her support for it. Maybe Kim could jet in to the village of Soul in Egypt’s Helwan Governorate and personally pass on to the locals the exciting news that you can be Muslim just for a photo-op and then move on. I’m sure the girlfriend of Coptic Christian Ashraf Iskander would love to hear that, assuming she’s still alive:
A mob of nearly four thousand Muslims has attacked Coptic homes this evening in the village of Soul, Atfif in Helwan Governorate, 30 kilometers from Cairo, and torched the Church of St. Mina and St. George…

This incident was triggered by a relationship between 40-year-old Copt Ashraf Iskander and a Muslim woman. Yesterday a “reconciliation” meeting was arranged between the relevant Coptic and Muslim families and together with the Muslim elders it was decided that Ashraf Iskander would have to leave the village because Muslims torched his house.

The father of the Muslim woman was killed by his cousin because he did not kill his daughter to preserve the family’s honor, which led the woman’s brother to avenge the death of his father by killing the cousin. The village Muslims blamed the Christians.

The Muslim mob attacked the church, exploding 5-6 gas cylinders inside the church, pulled down the cross and the domes and burnt everything inside…

But that’s just their colorful way of saying today St Mina and St George are Muslims, too! Witnesses said the mob chanted “Allahu Akbar” and vowed to conduct their morning prayers on the church plot after razing it.

“Today I am a Muslim, too”? No need to jump the gun, Russell.

SOURCE. (See the original for links)



Sikhs mistaken for Taliban?: "Police said Saturday that they don't know why someone gunned down two men -- frail from heart attacks and advancing years -- as they slowly ambled through a quiet Elk Grove neighborhood during their daily afternoon walk. ... Relatives and friends in the tightknit Sikh community to which the two men belong were not as hesitant to call the shooting a hate crime. Singh and Atwal, like many Sikh men, had thick beards and wore turbans -- traditions that have made Sikhs the target of bigotry and violent attacks since the Sept. 11, 2001, terrorist attacks."

WI: Recall drives could make history: "As improbable as the last three weeks have been in state politics, Wisconsin is about to embark on another wild ride into the political unknown -- a series of legislative recall campaigns on a scale the nation has rarely, if ever, seen. ... Formal recall campaigns have now been launched against 16 state senators -- eight Republicans and eight Democrats. That's everyone in the 33-member Wisconsin Senate who is legally eligible to be recalled this year."

LEAP slams Obama renewed Drug War commitment: "The pro-legalization group Law Enforcement Against Prohibition fretted that President Barack Obama and Mexican President Felipe Calderon were embarking on a counterproductive mission after the two pledged 'renewed cooperation' on the drug war Thursday. 'Legalization is the only way to end the cartel violence, just like ending alcohol prohibition was the only way to make gangsters stop shooting each other over beer and liquor distribution,' Tom Angell, a spokesman for Law Enforcement Against Prohibition, told Raw Story in an e-mail."

Taxpayers in revolt: "Jimmy John Liautaud, founder of the Jimmy John's sub chain, just applied to move his residence from Illinois to Florida — and his company's headquarters could soon follow. 'All they do is stick it to us,' he says of the state legislature's move to jack up the personal income tax from 3 percent to 5 percent — and the corporate income tax from 7.3 percent to 9.5 percent."

Washington’s most corrupt list, 2010: "It doesn’t seem to matter how much house cleaning voters do in the legislature; year after year, the corruption gets worse. Citizens for Responsibility and Ethics in Washington (CREW) has released its report on the 'most corrupt' politicians for 2010."

There is a new lot of postings by Chris Brand just up -- on his usual vastly "incorrect" themes of race, genes, IQ etc. He says a fair bit about Libya this time.

My Twitter.com identity: jonjayray. My Facebook page is also accessible as jonjayray (In full: http://www.facebook.com/jonjayray). For more blog postings from me, see TONGUE-TIED, EDUCATION WATCH INTERNATIONAL, GREENIE WATCH, POLITICAL CORRECTNESS WATCH, GUN WATCH, FOOD & HEALTH SKEPTIC, AUSTRALIAN POLITICS, IMMIGRATION WATCH INTERNATIONAL, EYE ON BRITAIN and Paralipomena

List of backup or "mirror" sites here or here -- for readers in China or for everyone when blogspot is "down" or failing to update. Email me here (Hotmail address). My Home Pages are here (Academic) or here (Pictorial) or here (Personal)


The Big Lie of the late 20th century was that Nazism was Rightist. It was in fact typical of the Leftism of its day. It was only to the Right of Stalin's Communism. The very word "Nazi" is a German abbreviation for "National Socialist" (Nationalsozialist) and the full name of Hitler's political party (translated) was "The National Socialist German Workers' Party" (In German: Nationalsozialistische Deutsche Arbeiterpartei)


No comments: