Posted by CrabbyCon on April 5, 2009 · Leave a Comment
SEOUL, South Korea – North Korea fired a rocket over Japan on Sunday, defying Washington, Tokyo and others who suspect the launch was cover for a test of its long-range missile technology. President Barack Obama warned the move would further isolate the communist nation.
Liftoff took place at 11:30 a.m. (0230 GMT) from the coastal Musudan-ri launch pad in northeastern North Korea, the South Korean and U.S. governments said. The multistage rocket hurtled toward the Pacific, reaching Japanese airspace within seven minutes, but no debris appeared to hit its territory, officials in Tokyo said.
The U.S., South Korea, Japan and others suspect the launch was a guise for testing the regime’s long-range missile technology — a worrying step toward eventually mounting a nuclear weapon on a missile capable of reaching Alaska and beyond.
Now here is the amusingly propagandized statement from North Korea:
Four hours after the launch, North Korea declared it a success. The satellite reached outer space in just over nine minutes and was orbiting without any problems, the state-run Korean Central News Agency said in a dispatch from Pyongyang.
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Filed under Foreign Affairs, National Security, Obama, United Nations, War on Terror · Tagged with China, Communism, Foreign Affairs, Japan, Missiles, National Defense, North Korea, Obama, Rocket, Russia, South Korea, United Nations
Posted by CrabbyCon on March 31, 2009 · 1 Comment
This is beyond socialism folks. Barney Frank is trying to pass new legislation that will allow government control of salary setting and pay.
I wonder if I will be forced into gymnastics since I am short and close to five foot – as they did in communist Russia. I feel as though we are heading down that path.
It was nearly two weeks ago that the House of Representatives, acting in a near-frenzy after the disclosure of bonuses paid to executives of AIG, passed a bill that would impose a 90 percent retroactive tax on those bonuses. Despite the overwhelming 328-93 vote, support for the measure began to collapse almost immediately. Within days, the Obama White House backed away from it, as did the Senate Democratic leadership. The bill stalled, and the populist storm that spawned it seemed to pass.
But now, in a little-noticed move, the House Financial Services Committee, led by chairman Barney Frank, has approved a measure that would, in some key ways, go beyond the most draconian features of the original AIG bill. The new legislation, the “Pay for Performance Act of 2009,” would impose government controls on the pay of all employees — not just top executives — of companies that have received a capital investment from the U.S. government. It would, like the tax measure, be retroactive, changing the terms of compensation agreements already in place. And it would give Treasury Secretary Timothy Geithner extraordinary power to determine the pay of thousands of employees of American companies.
I don’t know what scares me more, that this is unconstitutional, that the government wants more control, that Timmy Geithner the incompetent, will get more control or that Barney Frank is leading this charge? They are all very scary to me to be honest!
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Posted by CrabbyCon on March 30, 2009 · 3 Comments
Obama and his administration are at it again! That fallacious indignation and the staged grandstanding – this time for the auto industry.
Photo H/T by Michelle Malkin (there may be some better ones presented throughout the day!)
If you think that Obama will not eventually give the U.S. auto industry additional taxpayer bailout money, you are sadly mistaken and naive. The United Auto Workers (UAW) were one of his biggest supporters this past election. The UAW has voted democrat for as long as I can remember and I want to actually say since the FDR era.
Obama is grandstanding to win some brownie points with the public since he has gradually been losing support since his inauguration. Bailing out the U.S. car makers is not very popular among the majority of Americans. He made mention of that on 60 minutes as he giggled suspiciously through the economic segment.
It’s ironic to me and hypocritical at the same time, (but what’s new) that his administration would call for a bailout for the auto industry and ask George Bush to use some of the $700 Billion on the American auto industry before leaving office. Obama decided to give $30 Billion more to AIG and sign a stimulus bill that allowed for their bonuses, yet acted outraged as if he had just found out about all of this. Why is it ok to bailout one incessantly failing company but not others? Well, not to worry, he will bailout GM and Chrysler again – he just wants to look tough – like he is actually doing something and making them restructure.
If you really want a company to restructure its debt, management and union contracts (which he most certainly does not) then you would let the company file bankruptcy. Obama knows that his union supporters will be none-too-pleased if GM or Chrysler go belly-up and their union contracts no longer have to be fulfilled and a brankruptcy court deems that to be the case – Obama and the union cannot take that chance…
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Posted by CrabbyCon on March 25, 2009 · 1 Comment
The only thing most of the newspapers (esp. those who are already “part” of the DNC) are good for is toilet paper, or at least some sort of “cover” for my puppy who is still learning how to properly go outside rather than my kitchen floor. Actually, newspaper is good for fireplace kindling as well – but I tend to use coupons and advertisements since I refuse to subsribe to certain “rags.”
However, there is a U.S. Bill that is seeking to rescue these failing newspapers. What happened to our capitalist society or following free market principles? My head is raw these days from so much scratching.
With many U.S. newspapers struggling to survive, a Democratic senator on Tuesday introduced a bill to help them by allowing newspaper companies to restructure as nonprofits with a variety of tax breaks.
“This may not be the optimal choice for some major newspapers or corporate media chains but it should be an option for many newspapers that are struggling to stay afloat,” said Senator Benjamin Cardin.
A Cardin spokesman said the bill had yet to attract any co-sponsors, but had sparked plenty of interest within the media, which has seen plunging revenues and many journalist layoffs.
Cardin’s Newspaper Revitalization Act would allow newspapers to operate as nonprofits for educational purposes under the U.S. tax code, giving them a similar status to public broadcasting companies.
Under this arrangement, newspapers would still be free to report on all issues, including political campaigns. But they would be prohibited from making political endorsements.
I am totally ashamed to admit that I reside in Maryland. I hope that someone gets up and runs against old Ben Cardin as well as Ms. Toadstool Mikulski. The Maryland senators are just as far left and liberal as the rest of the yahoos running congress. The Baltimore Sun, for example, has been on the liberal dole for ages – they were even behind the Michael Steele debacle when he was running for office and giving a speech – to have people come to the event and throw Oreo cookies at him. That’s not racist at all, right democrats?? Can’t be racist when you’re just doing it to someone with an “R” after their name/sarc.
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Filed under General · Tagged with bailout, Cardin, Communism, Conflict of Interest, Democrats, Maryland, Media, Media, Newspaper, senate, Socialism
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