Obama wins and is congratulated by Hugo Chavez
Last night Barack Obama won by a landslide and became the president elect of the People’s Republic of Amerika, and was congratulated by Hugo Chavez, president of Venezuela, shortly thereafter.
Said Chavez, “the historical election of an Afro-descendant to rule the most powerful nation of the world is a symptom that the epoch change that has been gestated from the South of America could be knocking the doors of United States.”
Huh?
Anyway, I’m sure Hugo Chavez is hoping that U.S. spy planes won’t be flying in his no-fly zone anymore, but my advice to Chavez is, don’t count on it. Obama is an imperialist just like George W. Bush, except Obama wants to extend the welfare to people in the U.S. as well, and not just third world dictators like Kim Jung Il and Robert Mugabe.
Regardless, Chavez is hopeful that Venezuelan-American relations can be mended. In a press release, Chavez stated, “The Government of the Bolivarian Republic of Venezuela ratifies its will and determination to build, based on a full respect to sovereignty, a constructive bilateral agenda for the welfare of Venezuelan and North American peoples”. Yeah.
Seriousness aside, I’m sure last night was a powerful moment for socialists all around the world.
Tags: 2008 election, barack obama, George Bush, Hugo Chavez, Venezuela
Why did John McCain lose the 2008 election?
Among other reasons, this is the primary:
Although, not even the current GOP platform was enough to save John McCain. The GOP needs restructuring, preferably from the ground up. The GOP needs to heed the founders of this country and the framers of the Constitution. They took great care in writing the constitution and for us to ignore it is a downright shame, and it cost the GOP the election.
Tags: 2008 election, constitution, John McCain
Australia moving forward with internet filtering plan
Ars Technica - Australia’s internet filter: could legal content get banned too?
Although the party responsible for pushing the filter forward, the “Family First” party, has good intentions - filtering internet at the ISP level is not a sound way to achieve an agenda in a (supposedly) free society. However, since guns are banned in Australia, it is not very suprising.
The filter would mandate blockage of all illegal content, including drug related sites and child pornography. The filter could also optionally block all pornography.
The problem seems to be that lawmakers can’t decide on what is “illegal”, since some of the content that would be blocked is currently legal to view in Australia.
I’m know that the Family First party in Australia has good intentions, but they ought to take a hint from the U.S. that beaurocracy can never achieve anything with the same level of efficiency as the private sector. Why make the internet 20-75% slower and have a mandated filter, rather than buying a $50 piece of software that can do the same thing?
Someone needs to tell Steve Fielding about Net Nanny.
I’m sure that the government could even issue vouchers to get the software for every citizen and it would still be cheaper (especially in the long run) than implementing a government mandated, ISP level internet filter.
Tags: Australia, beaurocracy, free market, internet, Net Nanny, private sector, Steve Fielding
Intent of the tightening of credit markets and the resulting recession unfolding?
Oct 11, 2008 economy, news, politics
In light of the buckling of the U.S. economy, and economies around the world, China and France are calling for a global currency and a new world order, respectively.
The People’s Daily, the official newspaper of the Chinese Communist Party, calls for a new currency order after “financial tsunami” saying, “The world urgently needs to create a diversified currency and financial system and fair and just financial order that is not dependent on the United States.”
Chinese call for a New Currency Order in wake of “Financial Tsunami”
Nicolas Sarkozy, President of France, called for a new world order. “There will be no peace unless the international community stands full square in its determination to fight terrorism”. Poorly chosen words, perhaps, because Sarkozy also talks about ending the wars in the middle east. Perhaps not though, since Sarkozy is friendly with George W. Bush, who’s father George H.W. Bush was a huge proponent of a “new world order”.
Nicolas Sarkozy calls for a “new world order”
The Chinese Communist Party, Nicolas Sarkozy, and George H.W. Bush are not the only ones that have called for a new world order:
Barack Obama calls for a new world order in Berlin
Bill Clinton’s new world order worldview
Gordon Brown, Britain’s new Prime Mininster, new world order speech
Tony Blair, former Britain Prime Minister, new world order speech
George H.W. Bush original new world order speech
Tags: bill clinton, bush, china, economy, gordon brown, new world order, nicolas sarkozy, tony blair
Bailout bill helps Fannie Mae and Freddie Mac, but not home buyers
Jul 30, 2008 economy, news, politics
I certainly don’t agree with any bailout program, whether it be for corporations or for private citizens - however I do support tax breaks and tax incentives. That is, if they are actually tax breaks and not gimmicks under guise of tax breaks, like the upcoming housing bill includes. The bill, in addition to preventing Freddie Mac’s and Fannie Mae’s insolvency, includes a 10% tax credit up to $7,500 for homes purchased between April 9, 2008, and July 1, 2009. The credit sounds nice, but the $7500 actually has to be paid back in installments over 15 years - making it essentially an interest-free loan. An interest-free loan is better than nothing, but in light of a multi-billion dollar bailout of Fannie Mae and Freddie Mac, it is a meager consolation to potential first time home buyers.
Bob Barr criticizes Fannie Mae/Freddie Mac bailout
Jul 28, 2008 economy, news, politics
In an interview on fox news (Your World with Neil Cavuto), Bob Barr, the Libertarian nominee for president, criticized a potential Fannie Mae/Freddie Mac bailout - saying that it further puts taxpayers at risk if the government gives Fannie Mae and Freddie Mac even a temporary line of credit. Connell McShane, in typical mainstream media ignorance, said “The question you have to ask yourself, as you know, in these situations is, what happens if I do nothing? What would happen if the Treasury, the Fed, the government did nothing in this case?” to which Bob Barr replied, “I think right now, doing nothing would not be advisable. As much as a Libertarian, we don’t like to see — and I don’t like to see — the government get further involved with yet another sector of the economy. I think, because the government has caused this problem, similar to the savings and loan problem that the government caused a generation ago, it has to do something. The question is, can it do enough by providing some temporary security, some temporary backup?” The savings and loan scam, ironically, is the same one that John McCain was involved in. Are we really so ignorant as to think that John McCain, one of the Keating five, is going to do anything to get the government off the backs of the people? I think not. Unfortunately, neither will Obama - he is a worthless candidate as well. That is why I am voting third party this election cycle. Bob Barr is great, but Chuck Baldwin is better. Chuck Baldwin for President 2008! (That is, if Ron Paul doesn’t take the nomination in a brokered convention.)
Bear Stearns is going into hibernation - permanently
I hope all of you hard working folks out there got your money out of Bear Stearns (BSC) Friday when it was announced that JPMorgan Chase was buying Bear Stearns at $2 a share. Ouch! The beast came tumbling down, opening at $3.18 this morning after the announcement over the weekend.
AP Business writer Joe Bel Bruno makes me giggle. He writes, “A complete collapse of Bear Stearns might have completely crushed the already-dwindling confidence in the global financial system, which has frozen up after last year’s collapse of the subprime mortgage market.” Is it just me, or did Bear Stearns completely collapse?
The collapse of Bear Stearns is something that needed to happen. As Jim Rogers said, we need a financial forest fire so that we can start over and stop pretending that this bubble economy is real. One thing that we certainly do not need is the federal government, in its typical fascist manner, using taxpayer dollars to bail out more failing financials. Regarding Bear Stearns, this is the last thing we need to be reading: “The Fed also essentially made the takeover risk-free by saying it would guarantee up to $30 billion of the troubled mortgage and other assets that got the nation’s fifth-largest investment bank into trouble.”
More on the failing bubble economy: