Free Republic

Oliver Howard
Educated at Bowdoin College he graduated from the U.S. Military Academy, West Point in 1855. After two years in the army he returned to the military academy to teach mathematics. Howard as commissioner of the Freedom Bureau was tasked to provide food and medical facilities for former slaves. In 1867, with the support of the Republicans in Congress, helped establish Howard University and for five years served as its president (1869-74).

1924 Democratic National Convention, a victory for the KKK!!!

KKK platform plank

The second dispute of the convention revolved around an attempt by non-Klan delegates, led by Forney Johnston of Alabama, to condemn the organization for its violence in the Democratic Party’s platform. Klan delegates defeated the platform plank in a series of floor debates. To celebrate, tens of thousands of hooded Klansmen rallied in a field in New Jersey opposite of the convention building. This event, known subsequently as the “Klanbake”, was also attended by hundreds of Klan delegates to the convention, who burned crosses, urged violence and intimidation against African Americans and Catholics, and attacked effigies of Smith.

Ever wonder where the term “Uncle Tom” came from ? Why the most important book in the freeing of the slaves(Uncle Toms’ Cabin) is now a pejorative. Read the bio...

Biographical/Historical Note
Pettis Perry, Communist Party official and Smith Act defendant, was born January 4, 1897 in Marion, Alabama. In February 1932, Perry met members of the International Labor Defensewho introduced him to the Daily Worker and the Liberator and acquainted him with the Scottsboro case. In September of that year he joined the Communist Party because he had become convinced that they were the “best fighters ... for freedom.” After serving as Executive Secretary of the ILD for Southern California and Arizona, Perry began work for the Communist Party, first as a section organizer and then, in 1948, as Secretary of the Party’s Negro Commission in New York. There he had a voice in ideological questions and recommended policies and programs. After the imprisonment of eleven of the Party’s front-rank leaders, Perry assumed a greater leadership role in Party affairs. On June 20, 1951 he was indicted with sixteen others for conspiracy. Perry represented himself during a nine-month trial and was convicted in February 1953. Sentenced to three years in prison, he was released in May 1957. Following his release, Perry returned to California and served on the Party’s Southern California District Board. He died of heart disease in a Moscow hospital on July 24, 1965.

:I want to do to America what I did to Chicago”

And just how many Texans have been murdered or raped by illegal aliens? How many Texans have been killed by auto wrecks by the invading hordes?

Directly from the Mineral Management Service(MMS)

Revenues collected from onshore and offshore Federal lands by MMS are one of the largest sources of non-tax revenue to the Federal government. In 2009, MMS disbursed $10.7 billion in mineral revenues to States; the Office of the Special Trustee for American Indians
for distribution to Indian Tribes and individual owners; other Federal agencies; and U.S. Treasury accounts.

• $2.0 billion directly to states and eligible political subdivisions, such as counties and parishes
• $6.05 billion to the U.S. Treasury
• $538 million to 34 American Indian Tribes and 30,000 individual American Indian mineral owners
• $1.53 billion to the Reclamation Fund for water projects
• $892 million to the Land & Water Conservation Fund
• $150 million to the Historic Preservation Fund

Good link, thx

These people are shameless, it’s nearly identical to every other Carbon shakedown!

—More than $2.1 trillion a year in wealth transfers from rich countries to poorer ones, in the name of fostering “green infrastructure, ” “climate adaptation” and other “green economy” measures.
—Further unspecified price hikes that extend beyond fossil fuels to anything derived from agriculture, fisheries, forestry, or other kinds of land and water use, all of which would be radically reorganized. These cost changes would “contribute to a more level playing field between established, ‘brown’ technologies and newer, greener ones.”
— Major global social spending programs, including a “social protection floor” and “social safety nets” for the world’s most vulnerable social groups for reasons of “equity.”
—New carbon taxes for industrialized countries that could cost about $250 billion a year, or 0.6 percent of Gross Domestic Product, by 2020. Other environmental taxes are mentioned, but not specified.
—Even more social benefits for those displaced by the green economy revolution—including those put out of work in undesirable fossil fuel industries. The benefits, called “investments,” would include “access to nutritious food, health services, education, training and retraining, and unemployment benefits.”
—A guarantee that if those sweeping benefits weren’t enough, more would be granted. As one of the U.N. documents puts it: “Any adverse effects of changes in prices of goods and services vital to the welfare of vulnerable groups must be compensated for and new livelihood opportunities provided.”

Where are you getting data?

Thx, I didn’t know that.

Please read article, explains in detail

http://www.craigsteiner.us/articles/16

Everyone is missing the obvious: S&P is simply racist!

Thanks for posting.

Read the article at the link, very well written.

http://www.craigsteiner.us/articles/16

Great chart but one problem. there was no surplus during the Clinton years. It is mathematically impossible to have a “surplus” when the National Debt increased every year of his administration, period.

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Norah O’Donnell: “you gave THEM everything and WE got nothing.”

Fair & Balanced

The state of Wisconsin will no longer collect union dues.

Phoenix metro area. Colliers International will not release the name of the corporation. However, those familiar with some of the transactions have identified the 3 subsidiaries under which they will operate:

1. Space Available Incorporated
2. For Lease llc
3. Bank Owned International

The roll-out is on schedule and their signs are up in most locations, although the exact nature of the operations are still unclear at this time. The “whisper” on the street is the company will continue its expansion plans well into 2013. I'll keep you updated the best I can.

The president, on a two-day visit to Northern California, toured the fabrication plant Solyndra is building in Fremont with the assistance of a $535 million loan it received under the federal recovery act. The federal loan has created 3,000 construction jobs and is projected to add 1,000 more permanent jobs.

Right on schedule....

Shortly after the president’s visit, the company announced in June that weak demand in capital markets, high costs and “a prodigious cash burn,” as GreenEnergyReporter.com put it, forced withdrawal of plans for an initial public stock offering. In July, its CEO was replaced. The company found itself “struggling to justify the early hype by bringing down costs from $3 per watt to $2 per watt by 2013,”
It just gets better...just 5 months later

Despite a $535 million loan guarantee from the federal government, Solyndra, a maker of solar panels in the southeast San Francisco Bay Area city of Fremont, will close one of its manufacturing plants, lay off 40 permanent and 150 contract workers, delay expansion plans of a new plant largely financed with the government-guaranteed loan and scale back production capacity more than 50 percent.

But, truth be told, Solyndra is more of a testament to taxpayers’ hard-earned money pledged to guarantee 73 percent of the cost of building its new facility. Closure of its older plant, located nearby, is a testament to the reality that, even if massively underwritten by taxpayers, renewable energy operations aren’t certain to find a profitable niche in the open market.

• “Windmills don’t run on wind, they run on government subsidies.”

“Solar panels are not powered by sunlight, they are powered by taxpayers.”

It’s true! Walker did give tax cuts for the rich, it was reported by the state’s own Legislative Fiscal Bureau. Quote

“Our analysis indicates that for the three-year period, aggregate, general fund tax collections
will be $202.8 million lower than those reflected in the November/December reports. More than
half of the lower estimate ($117.2 million) is due to the impact of Special Session Senate Bill 2
(health savings accounts), Assembly Bill 3 (tax deductions/credits for relocated businesses), and
Assembly Bill 7 (tax exclusion for new employees).”

117M is Walker’s tax cuts for the rich!! This breaks down to roughly 40M/year which is obviously the cause of the 3.6B deficit.

Signed,
Union educated 8th grader, Madison

Well written and spot on. However, I think maybe things are changing, CA is starting to address it’s structural problems instead of expanding the nanny state. Reported just today:

San Francisco Bans The Happy Meal

San Francisco has banned the Happy Meal, on the day of the return of the McRib no less. The San Francisco Board of Supervisors earlier today passed an ordinance requiring meals that included toys with their purchase to meet specific nutritional guidelines. The vote, achieved with a Gavin Newsom veto-proof majority of 8-3, effectively bans the Happy Meal.

At some level I hope CA exists in it’s present form as a glittering example of socialism and the progressive ideal. Sorta like our little Greece.

However, CA is done...many just don’t realize it yet. The link below is a MUST read.....

http://www.sfweekly.com/2010-10-20/news/let-it-bleed/

This same issue came up several years, sadly Denninger is wrong on this. Tanta’s take in 2007

Several years ago I represented a large bank in the process of securitizing a big chunk of its seasoned portfolio loans. Among other things that meant I reviewed several thousand notes. Now, when a loan changes hands, this is effected on the note by an endorsement. It’s very much like a check endorsement: you slap a stamp on the back of the note that says “pay to the order of [endorsee] without recourse [endorsor] by [person] its [officer title],” under which is “signature.” Each subsequent time a loan changes hands, a new endorsement is made from the prior endorsee to the new endorsee. When loans are securitized, the last endorsement is often “in blank,” meaning that the new endorsee is not named. The entire original note goes into the physical custody of the new endorsee or its legal custodian with that blank endorsement, that can be subsequently completed if necessary by the security sponsor. This is a very common and uncontroversial practice.

So I had a couple thousand notes to look at, and about a third of them had an endorsement chain that looked like this: first endorsement from Bank of the County, the original lender, to Bank of the State. Second endorsement from Bank of the State to Bank of the Region. Third endorsement from Bank of the Country to Bank of the Nation. My job was supposed to be to endorse these things on my client’s behalf (from Bank of the Nation to blank).

Well, there’s a big problem. There was no endorsement from Bank of the Region to Bank of the Country. (The same problem occurred with the chain of assignments of the mortgage.) With a missing link in the chain, there are grounds to question the current owner’s rights to endorse this note over to someone else.

Aha! You say. That Tanta: she single-handedly brought down a major banking fraud ring! She blew the whistle on a big name bank who tried to pass off millions of dollars worth of someone else’s loans as its own, for ill-gotten gains! How exciting! Will Julia Roberts play Tanta in the movie version?

Hardly. As a matter of fact I knew perfectly well, as did everyone else involved, that Bank of the Country had merged with Bank of the Region, and was legally its successor in interest to these mortgage loans. That wasn’t a secret; it had been in the newspapers. The problem was that some dweeb had failed to write the endorsement correctly (it should have been Bank of the Country, successor in interest to Bank of the Region, to Bank of the Nation. Or perhaps someone should have used one of Bank of the Region’s old stamps to endorse the note from Region to Country on the same day that it endorsed it from Country to Nation).

http://www.calculatedriskblog.com/2007/11/deutsche-bank-fc-problems-and-revenge.html

Question, what will happen first:

Peak oil or Peak Lithium?

Here’s the facts:

New Home Sales: Worst June on Record

Ignore all the month to previous month comparisons. May was revised down sharply and that makes the increase look significant. Here is the bottom line: this was the worst June for new home sales on record.

The 330 thousand in June is the worst June on record. With all the gyrations, it is difficult to see what is happening month to month, but overall this was a very weak report.

http://www.calculatedriskblog.com/2010/07/new-home-sales-worst-june-on-record.html

I have a way to fix the whole problem! Let;s bring in 20,000,000 illegal aliens who will take all the low paying jobs therefore allowing the American to get the higher paying jobs. Granted, the illegals income will fall below the threshold to actually pay taxes but their presence will create thousands of jobs in health-care, teaching, policing and prisons! There truly is a free-lunch!

What???

Good call, thx.

We could just send this video around:

http://www.youtube.com/watch?v=hxMInSfanqg&feature=related

Do not let Obama re-write history. The Dems have controlled both houses since '06! What piece of Dem regulatory reform did Bush veto?

Let's start posting the truth.

This article is from 2003!

It just gets worse, (SEIU)

Judge rules some state furloughs illegal

Bob Egelko, Chronicle Staff Writer

Friday, January 1, 2010

Gov. Arnold Schwarzenegger acted illegally by placing tens of thousands of state employees on unpaid furloughs three days a month, an Alameda County judge said Thursday in a ruling that could require the financially reeling state to cough up months of back pay.

The lawsuit, filed by Service Employees International Union Local 1000, does not apply to all furloughed workers, only to those whose agencies receive all or nearly all their money from federal funds or specially generated state revenue sources - for example, Caltrans, the DMV, the Employment Development Department and the state lottery.

Paging Glen Beck..........

Go to the link, it all on a great video.

Several business and residents in Fond du Lac said Sunday they were shocked by the union’s “no” vote. They said they simply didn’t expect this outcome. Now they’re worried what will become of their community.

“It’s pretty stunning,” said Paul Cunningham, owner of Shreiner’s Restaurant. “I really didn’t think they’d say no.”

The news that the machinists union said “no” to Mercury Marine’s final offer is what some in Fond du Lac feared the most.

“I hate to say it but there’s going to be a lot of people on welfare because there’s no jobs,” said Donny Dunn, of Fond du Lac. “That’s just a lot of people it’s going to effect. Not just Mercury Marine people but there’s other companies that are in the area.”

Other residents are afraid property values will go down and businesses fear the road ahead won’t be easy”

Unions literally destroy another town. When will people learn??

Thanks for the update, this speech was given over a year ago.

Yes it is. “You might wonder why a central banker would be concerned with fiscal matters. Fiscal policy is, after all, the responsibility of the Congress, not the Federal Reserve. Congress, and Congress alone, has the power to tax and spend. From this monetary policymaker’s point of view, though, deficits matter for what we do at the Fed. There are many reasons why. Economists have found that structural deficits raise long-run interest rates, complicating the Fed’s dual mandate to develop a monetary policy that promotes sustainable, noninflationary growth. The even more disturbing dark and dirty secret about deficits—especially when they careen out of control—is that they create political pressure on central bankers to adopt looser monetary policy down the road. I will return to that shortly. First, let me give you the unvarnished facts of our nation’s fiscal predicament.”

This IS the federal government's resume in it's attempt to take over the entire health-care system. This will bankrupt our nation. Please read the entire speech, it's very well written. With a 44 year proven record of financial failure, why would ANYONE even consider giving them control of the entire health care system. Please ask your congressman.