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Archive for the ‘money’ Category

Fed cuts rates 3/4’s of a point

Here is some breaking news about the Fed cutting rates by 3/4’s of point, and urging Congress and President to cut taxes quickly to avoid a recession. It is short, so I have the entire article for you.

Fed Cuts Interest Rate as Treasury Secretary Urges Quick Action on Economic Stimulus Plan.

WASHINGTON — Treasury Secretary Henry Paulson said Tuesday that Congress and the administration need to agree quickly on a package of tax cuts as the Federal Reserve cut a key interest rate by three-fourths of a percentage point to reinvigorate the economy.

“Time is of the essence and the president stands ready to work on a bipartisan basis to enact economic growth legislation as soon as possible,” Paulson said in remarks to the U.S. Chamber of Commerce. He spoke as House Speaker Nancy Pelosi and leaders in both parties prepared to meet with President Bush at the White House to discuss a stimulus bill.

Such legislation presumably would involve tax rebates, business tax cuts and funding for a Democratic-led call for additional food stamp and employment aid.

The Fed’s decision to slash the federal funds rate — the interest that banks charge each other on overnight loans — apparently was the biggest one-day move by the central bank in recent memory. The Fed cut the rate to 3.5 percent from 4.25 percent.

Its action was the most dramatic signal that it can send of its concern about a recession.

Hat tip: Fox News.

You may not want my two-cents, but here it is anyway. I wish they would leave the daggone market alone. Really. The housing always gets into a bubble, and most of us were waiting were for the prices to come down before we bought our house. Thank you very much, now I cannot buy a house because you are falsely keeping the inflated prices high. This is NOT what a free-marketer does.

I understand the panic due to the other countries tanking in their stock markets, but may I remind you that China has an unsustainablely high (falsely high) rate of exchange on its money. What is it, the yen? They refuse to accurately disclose the actual trade-in value. I don’t give a damn if they tank! Doesn’t anyone remember that this is what they were trying to do to us?

Nor do I care that Mexico is having a problem with all the illegal aliens here are going home to Mexico. I have no sympathy for that government. They actually sent a delegation to Arizona’s STATE government to ask them not to follow Arizona’s laws! That takes testicles! Yes, they are feeling the pressure of having to deal with the high unemployment, health care, and whatever crap they robbed from us that they are no longer able to steal. But I am getting off track.

The facts are, the Fed is one that raised the rates in the first place. If there is any blame to go around, look to Bernacke. (sp?) The rest of the blame belongs not on the sharks who were able to get you to sign over your mortgages to them so that you could enjoy low payments. This really irks me. YOU are the one who knew you couldn’t afford the house. YOU are the one that enjoyed your house while I had to wait patiently for the bubble to burst. So why I have to pay for YOU to keep YOUR house? I SHOULD NOT, and that’s a fact. Good day.

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Before I start this post, please allow me to set the record straight. I am not Catholic. I am a First Southern Baptist Christian. I hold no ill feelings toward those people who choose to be Catholics. I am grounded enough in my faith not to allow anything that anyone says about their religion or mine to bother me, but I will tell what does bother me.

When someone claims the title as a Christian, then publicly acts anyway they choose except as a Christian. I know I have failed in this category, so I understand how easy it is fall off the path and start walking as if we are of this world and not just in it. For this, I repent of my sins of cussing and not reading my Bible as I should.

I have looked in the mirror at myself, and I have taken the log out of my eye. Now let’s turn to the speck in Cardinal Mahoney’s. To stay in your position as Cardinal of any Church is an even more egregious sin. For these men to continue their grotesque sin and crime, they needed your enablement. They needed your cloak to cover them, and that is exactly what you gave them. Shame on you!

Let’s look at this situation as the unbeliever would. There are many religions out there, and every person is going seek the meaning of life at least one point in their life. They ultimately turn to God. You and I know that there is only One True God. We are His representatives, like it or not. What they see on the outside is how God will be judged. What do you think someone looking at you will think?

EDITORIAL NOTE: If you do not agree with me about MY religion, don’t bother writing a disagreeable comment. I know there are many who do not believe this. THIS IS WHAT I BELIEVE, and I have that right as much as you do.

To continue. Anyone who has the authority over His flock and leads astray one of His very own would be better off to tie a mulberry bush around his neck and throw himself into the ocean! These are not my words. It is not I who says this, but the LORD. Does that matter to you?

These people who search for God will now have trouble with a Christian God, because this is a big deal. I can tell you that the people who harmed me will never be able to pay me more than I’ve already paid personally for their crimes. Do not find your hands washed of these crimes against children and humanity. They are not. They cannot be.

How many people are going to Christ now? How many are turning away? What you have done is outrageous and sinful. You are just as guilty as those men, and you should not remain a Cardinal. Not in a Church anyway. You have broken the Holy laws of God and the trust of mankind. The only way to regain the Hope in Christ is for you to leave your post. If you are truly sorry, if you truly love Christ, if you truly desire His flock to be saved, you shall retire your position in the Church. Then again, that’s only if you remember we may be in this world, not of it.
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As many Americans aware, too many immigrants at one particular time who choose not to learn the language, culture, and traditions on one’s new home causes an economic, a strain on welfare of the nation, and they sometimes turn to crime as a last resort. However…

We are all aware of the on going riots and mass car burnings in France, but what many Americans are not aware of is the increasing violence and sexual abuse that is occurring amongst Europe’s most Islamicized immigrant communities. From Sweden, to Germany to the Netherlands, all across old Europe the danger, crime and poverty of their Muslim immigrant communities is growing exponentially every year. [Read the whole article.]

As if this were bad enough, and it is horrific, there is more.

I have written before of how England has seen an growing rise in sexual assaults and in the so-called honor killing, a brutal and barbaric practice where members of a girl’s own family will kill her if she is even seen in public with the “wrong” kind of man. But, England is by no means an isolated trouble spot. All of Europe is seeing the same thing.

Even if convince the people of the Middle East to put an end to this practice of honor killings, it has already become the norm outside of the South-East Asian area.

It is good to note, however, that some people are gathering the strength, as we did against the illegal alien amnesty, to put an end to what the government has will not. Brussels Journal is being quoted in the article I am referring to:

In March this year, native Dutch residents of the city of Utrecht rioted to protest against harassment by Muslim youths and government inaction to stop this. The authorities immediately suppressed the riots by sealing off the area and installing surveillance cameras to control Dutch non-Muslims, but they have done virtually nothing to address the underlying problem of Muslim violence. And this is far from unique to the Netherlands.

Good for them! Shame on that government!

And to top that off, everyone is government has lost their freakin’ minds. (Quoted)

Sweden experienced a quadrupling in the number of rape charges in the space of a single generation. Yet Sweden’s largest newspaper Aftonbladet recently indicated that the spike in rape numbers was due to the “warm weather,” which would presumably mean that these rapes are caused by global warming. The fact that many of the suspects have a Muslim background is purely coincidental, no doubt.

Even the blind could see this, so I can’t even go there. I have no words to express the disgust and shame they should be feeling, not political correctness.

Ah, you are wondering why I declared we could be in danger of the problems in Old Europe. Good point. I’ll spell it out now. We import people because too many women have selfishly killed their offspring. Who is going to pay the taxes for their promised retirement? It was never meant to be a guaranteed retirement plan, but that is indeed the way people see it.

Where are they going to find these children? From those families who have bred many. That is where! Follow the money. Illegal aliens? Money. Prescription drugs? Money. Islamists? Money. Be careful what you think. I know of several senators who have accepted quite a bit of money from some uncouth characters…

Remember, the people who flew into the twin towers were not poor, they lived in Germany, and they had a following. How can we safely accept anyone, even white Europeans, on their word? What else is there? An inspection? HA! I laugh in your face! Do you remember Mohammed Atta received his visa extension on the six month anniversary of that unspeakable day for which he was in charge of bringing to completion? Oh yeah, like I’m really going to trust them!

This is a very talented and well written article by Warner Todd Huston. He is writing over at The Conservative Voice. It is a very nice site. I have been receiving news e-mails from them about what is happening in our world that you will never hear about on the TV or possibly even on the radio or the net. I do believe it is a valuable site for us to keep up to date with history as we are making it…or it makes us!
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This time I have a trio for you. This was supposed to be posted Wednesday, but I have been so busy. I apologize for that. This railroad is something else. If you want to increase commerce and bring a country together, build a railroad!

“The Iraq railroad system provides efficient reliable transportation and many people rely on the railroad for traveling. It is also critical for trade and commerce from the deep-water marine port and business centers in southern Iraq to the population centers in northern Iraq,” stated Edison. [Continue reading.]

Wouldn’t it be fantastic if the only fights you heard were the bartering over the prices? Yes, that day will come. I just hope it is sooner rather than later.

In this next article is about my kinda gal. She is the first one in her immediate family to serve, and she did not want to be just anybody. No, she wanted to go for the gusto!

AL ASAD, Iraq – It is estimated that more than 12,000 Native Americans served in the United States military in World War I. There are more than 190,000 Native American military veterans; as the years continue to compile, so do the numbers of Native Americans in the military.
[…]
Sixkiller began her journey with the Marine Corps when she enrolled in the delayed entry program Sept. 29, 2005.“I wanted to be one of the first in my immediate family to join one of the services,” said Sixkiller. “I picked the Marine Corps because I had to join the best.” [Continue reading.]

She may not be from my tribe, but she’s representing. Yeah!

This is an article about the visit that Admiral Fallon took to Iraq to check out the progress of the refineries and the insurgencies.

BAYJI, Iraq – Adm. William Fallon, commander of U.S. Central Command, met with Maj. Gen. Benjamin Mixon, 25th Infantry Division commander, and other Iraqi and coalition leaders, June 11, 2007, at the Bayji Oil Refinery to discuss the future of the refinery.Fallon expressed his concern with getting the Bayji Oil Refinery running at its maximum potential, which included proposed methods for the protection of the oil pipelines that run to other cities and neighboring countries. [Continue reading.]

It may be so that many people are claiming that we went there for oil, but I’d like to see how they were getting around without that crude! BTW, we did not go there for oil, but that’s a given. If there happens to be oil in a place where we have to attack, we are obliged to make sure those fields are protected. Have a great day!
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First posted at My Newz ‘n Idea..

Hat tip: Counter-Terrrorism Blog.

Douglas Farah has been working overtime to prove that Charles Taylor is continuing to violate the political assylum he was given by Nigeria. Taylor is funding terrorist groups such as al Qaeda, Hezbollah, and many others through bribes from businessmen who want to rape the country of diamonds and timber. (I have not bought nor worn a diamond since the early 80’s when I first heard of the atrocities done to children to mine them.)

This is a chart of the companies Viktor Bout owns. What does this have to do with Charles Taylor? Viktor Bout has front companies which he is laundering money and is a

provider of weapons to Taliban and most sides of most wars in sub-Saharan African in violation of U.N. embargos.

He can do this because he owns many companies. One of the reasons this was kept so close to the chest is because one of his partners is a citizen of the USA. American citizens need much more scrutiny than other citizens. (Remember that the next time you want to trash America, will ya.)

Viktor Bout is involved with Chichakli-controlled

30 companies and four individuals designated, he is clearly the most important and newsworthy.

Bout was very active financially in the USA.

For years Chichakli, the son fo a former Syrian president and self-proclaimed childhood friend of Osama bin Laden, has helped Bout on many fronts, while happily residing in Richardson, Tx.

There are a few links with more information for those so inclined.

This is a flow chart of Taylor’s involvement in the diamond and timber sales that made him an estimated $105 Million dollars, although it is believed he had to spend at least 80% for the weapons he gave to outlawed groups to continue wars (page 10.)

This link is a copy of the Coalition of International Justice’s report from following Charles Taylor’s money path of war and destruction.

Excerpt (page 18 of “Path of War and Destruction”): “As president, Taylor controlled access to the country, allowing him to host a variety of international criminal syndicates and terrorist organizations, ranging from Israeli, Lebanese, Russian and Ukrainian organized crime groups, to al Qaeda and Hezbollah. Each of these groups, as well as scores of businessmen seeking to enter the diamond or timber business, were obligated to pay Taylor directly, in cash…

This is the appenices where all the documents, proof, records, and other data you would expect to find. It is very good.

This is Douglas’ blog where he comes right out and explains the reaction of the Nigerian government at the UN.

At the press conference at the UN Correspondents seat in New York yesterday, a senior Nigerian diplomat made the most unequivocal statement to date that Taylor will be turned over if he is found to have violated his terms of assylum.

Hat tip: Andrew Cochran from Counter Terrorism.

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Incumbent Finance Reform

My, my, my. So you don’t like the 527’s after all, Sen. Kerry, Sen. McCain, and President Bush? HA HA HA. I don’t like government trampling on my first amendment right to free “political” speech! Do you know what I am talking about? Amendment 1. Congress shall make NO law…! It came back to bite you in your butt, did it John Kerry? Ha ha ha. Tough. It doesn’t control 527’s, so people can say what they like John McCain. Ha ha ha. Tough. If my father, whom I love, cannot shut me up, what makes you think you can? What gives you that right? These are God given rights, not government given. I thought I already made that clear, as did our Founding Fathers! President Bush, shame on you!

Micheal Moore comes out, Kerry and you said nothing. Moveon.org compare our President to Hitler, Kerry and you said nothing. Al Gore goes off the deep end, Kerry and you said nothing. Sen. Kennedy calls you a liar on the Senate floor, Kerry and you said nothing. Now that we have a real debate about the record of Kerry, all of a sudden…everyone calls “foul?” You can’t have it both ways, gents.

Are you aware that 87% of all $$$ raised went to Democrats? When the Swift Boat Veterens for Truth raised a couple hundred thousand $$$, everyone has a cow? Why?

So now you want to go to court to shut us up, after you failed in May? Don’t you remember? Been there, done that? I remember! You tried to stop it then. By the way…where were you, Mr. Kerry, if you feel so strongly about getting rid of this money? Shame on Congress and you, Mr. President!

Why don’t you just get rid of ALL campaign finance laws and let the people speak! WE HAVE THAT GOD GIVEN RIGHT! I am so angry at you, Prez. You haven’t even veto’d ANYTHING! For the first time in history, a president has not veto’d one stinking thing! This is one you should have. You don’t sign it into law and then expect the Supremes to pull your butt out of the frying pan!

This article may be all over the map, because I can see red, but not the computer! My thoughts are all over the place, because I have held this in for a long time. Please forgive me if my points of contention are all over the place. Thanks. God bless us, forgive us, and save us!

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