What happened to your hero O'keefe?

Obama as President has drive you all mad. You would rather America suffer and hope for it, then abandon your nonsense.

I think what it boiled down to was this: There were some 800-pound gorillas that SHOULD have failed (Goldman-Sachs, first and foremost), but were sufficiently well-connected politically to scare enough ignorant members of the Governing Class into covering their asses for investing in laughably risky securities. We can argue as to WHY they did this, but in the end, the taxpayer took it in the neck like they always do.

What confuses me, though, is why bond raters like Moody's gave these mortgage-backed derivatives such glowing reviews. In my estimation, I think this calls into question Moody's infallibility, and whether or not they have certain horses in the race. But, in the end, TARP didn't do a thing for which it was advertised, which mainly was: Rescue troubled assets. Foreclosures have been running at record-breaking speed for nearly 18 months now, and it only seems to be getting worse. But, on the other hand, the arbitrageurs and multi-national banking conglomerates roll merrily on.

• Disaster Assistance: $200 million to avert famines and provide life-saving assistance during natural disasters and for internally displaced people around the world, including Somalia, Zimbabwe, Ethiopia, the Middle East and South Asia

• Peacekeeping: $837 million for United Nations peacekeeping operations, including an expanded mission in the Democratic Republic of the Congo and a new mission in Chad and the Central African Republic

• HIV/AIDS: $100 million, $100 million above the request, for the Global Fund to Fight AIDS, Tuberculosis and Malaria to address a funding shortfall for grants in key countries such as Haiti, The Democratic Republic of the Congo, and Afghanistan. (Note: That means Obama’s original request didn’t include any money for AIDs)

• Africa: $151 million, $18 million above the request, for economic and security assistance for Kenya, Somalia, Southern Sudan, and Zimbabwe

• Mexico: $470 million, $404 million above the request, to address growing violence along the United States-Mexico border by supporting the Government of Mexico’s war against organized crime and drug-trafficking

• Georgia: $242 million to fulfill the United States commitment to the people of Georgia

• Global Financial Crisis: $300 million, $148 million below the request, to address the global financial crisis in developing countries

• Nuclear Non-Proliferation: $55 million, $34.5 million below the request, for the National Nuclear Security Administration to safeguard nuclear material in Russia and other sites world-wide

• Department of Justice: $17 million, matching the request, for counter-terrorism activities and to provide training and assistance for the Iraqi criminal justice system

Updates:

Mass media remains silent on this but the International News has now picked up the story

…and then there is Obama’s $108 billion IMF bailout scheme in addition to the Supplemental

Related:

To really add insult to injury, check our previous Creeping Sharia post – Obama asks Congress to allow U.S. funds to terrorist Hamas govt

The Obama administration has asked Congress to let aid to Palestinians continue if Hamas backers are included in a new unity government, observers say. The proposed change in U.S. law would be necessary because Hamas, which controls the Gaza Strip, is designated as a terrorist organization and therefore cannot receive U.S. aid.
http://creepingsharia.wordpress.com/2009/05/13/ob…

The U.S. is broke. Whilst homeless shelters are filled to capacity and desperate jobless and homeless, NEGLECTED Americans are living in tent cities, billions are gifted to highly favored Muslims.

DRUDGE REPORT
'WE'RE OUT OF MONEY'
May 23 2009

In a sobering holiday interview with C-SPAN, President Obama boldly told Americans: "We are out of money."

SCULLY: You know the numbers, $1.7 trillion debt, a national deficit of $11 trillion. At what point do we run out of money?

OBAMA: Well, we are out of money now. We are operating in deep deficits
http://www.drudgereport.com/flashocs.htm

CREEPINGSHARIA.COM
Obama’s Supplemental Bill Passes, Gives Billions to Enemies?
By creeping

Barack Obama’s 2009 Supplemental Appropriations for Iraq, Afghanistan, Pakistan, and Pandemic Flu was revised and “passed by the full committee”. Not sure what the next step is, but based on the summary, it gives billions of U.S. taxpayer dollars to countries and entities that support sharia law and/or harbor, hide and support those who want to destroy the U.S. and our allies.

Read the summary from David Obey’s office that was quietly released last week with nary a word from any media.

• $3.6 billion, matching the request, to expand and improve capabilities of the Afghan security forces

• $400 million, as requested, to build the counterinsurgency capabilities of the Pakistani security forces

• Afghanistan: $1.52 billion, $86 million above the request

• West Bank and Gaza: $665 million in bilateral economic, humanitarian, and security assistance for the West Bank and Gaza

• Jordan: $250 million, $250 million above the request, including $100 million for economic and $150 million for security assistance

• Egypt: $360 million, $310 million above the request, including $50 million for economic assistance, $50 million for border security, and $260 million for security assistance

• Pakistan: $1.9 billion, $591 million above the request

• Iraq: $968 million, $336 million above the request

• Oversight: $20 million, $13 million above the request, to expand oversight capacity of the State Department, USAID, and the Special Inspector General for Afghanistan to review programs in Afghanistan, Pakistan and Iraq

• Israel: $555 million of the $2.8 billion 2010 request for security assistance, $555 million above the supplemental request. (Note: that means Obama’s original request did not include any money for Israel in 2009)

• Lebanon: $74 million

• International Food Assistance: $500 million, $200 million above the request, for PL 480 international food assistance to alleviate suffering during the global economic crisis

Gotta run, but you're right. The main target in any serious GWOT would have to be the mad mullahs and IRG, because they are the biggest supporters of terror in the world. You may also notice that would give overland access to Afghanistan and the terror havens in Western Pakistan. Military strategy is governed mostly by logistics, lines of communication (ports, highways, railroad lines…), and terrain, so it makes for some predictability.

For the msm/dp public perception is reality. They created the public perception that hussein was smart and qualified to be POTUS, and you see how that's working out.

HOW CAN THE UNEMPL. NUMBER GO DOWN, IF more JOBS WERE LOST?

Anything to keep it officially (reality: about 25%) under 10%, O'bummer?
And how Pelosi knows that somebody gave up the job search? Another big one.

FALL Of The Republic – The Presidency Of Barack H Obama – The Full Movie HQ
http://www.youtube.com/watch?v=F8LPNRI_6T8&fe…

Obama Says U.S. Long-Term Debt Load ‘Unsustainable’
By Roger Runningen and Hans Nichols

May 14 (Bloomberg) — President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.

“We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.”

Holders of U.S. debt will eventually “get tired” of buying it, causing interest rates on everything from auto loans to home mortgages to increase, Obama said. “It will have a dampening effect on our economy.”…
http://www.bloomberg.com/apps/news?pid=20601087&a…

Obama admits the terrible financial destruction wrought against Americans. WHY THEN DOES OBAMA NOT IMMEDIATELY REVERSE THIS TRAGEDY?

A major investor states America is going to reach Zimbabwe hyperinflation.
http://economyincrisis.org/articles/show/2942

Billions of dollars urgently needed for America's defense is instead gifted to Islam. Nuclear Iran and nuclear North Korea both state they intend to destroy America. They are not idle threats. The same venomous hate for the U.S. is shared by other nations and Muslim terrorist organizations. The treasonous response of the U.S. government to America's increasing danger, is to drastically reduce our defenses facilitating America's annihilation.

See: Aloha, "Star Wars" By: Washington Times Editorial
Washington Times | Monday, June 29, 2009
http://www.frontpagemag.com/readArticle.aspx?ARTI…

The $3.99 billion comes from a congressional slush fund known as the Community Development Block Grant (CDBG) program for community organizers.

Get rid of this stinking white house clandestine muslim chimpout and the feces colored caucus before they ruin the country completely