Time to stop lying to ourselves ~ By Star Parker

Star Parker writes, "It's time to stop lying to ourselves. We're losing our freedom and our nation. We need to slam on the brakes before it's too late." Let's hope it isn't too late, but I have to wonder.

We can't continue living in the lawless society we've become where politicians and corporate welfare queens can conspire in Washington to do whatever they want with our resources.

By Star Parker

Posted: March 06, 2010 ~ 1:00 am Eastern

© 2010

Citigroup, one the world's largest banks, was bailed out with some $45 billion of U.S. taxpayer funds, and we taxpayers – you and I – still own a little over one-quarter of the company.

Do you recall making this investment? I don't.

Nevertheless, in testimony before a panel appointed by Congress to oversee management of the $700 billion TARP fund that financed the Citigroup bailout, the bank's CEO, Vikram Pandit, thanked all of us.

"I want to thank our government for providing Citi with TARP funds. … Citi owes a large debt of gratitude to American taxpayers."

The rest of Pandit's testimony amounted to genuflecting before his government welfare officers and endorsing sweeping new government regulation of the financial-services industry that Democrats in the House and Senate are championing.

"I strongly believe that consumer protection can and should be strengthened at the federal regulatory level," testified Pandit.

The $700 billion TARP fund used to bail out Citigroup, along with others, was a check written on the American taxpayers' account that Congress gave then-Treasury Secretary Hank Paulson to spend however he wanted.

At the center of the financial collapse that brought down these banks was the illusion of infinitely rising housing prices fueled by trillions of dollars of free-flowing credit, artificially cheap because it was backed by us taxpayers through FHA, Fannie Mae and Freddie Mac.

In other words, the heart of our crisis can be explained by Margaret Thatcher's famous summary of the problem with socialism: Sooner or later you run out of other people's money.

Of course, we need protection. But American consumers are also American taxpayers, and it's American citizens and taxpayers that need to be protected from their government.

The tea-party grass-roots revolt that has sprouted across our country is a basic expression of recognition that we have lost control of our own government and that if we are going to be a free and prosperous people, this can't go on.

READ FULL STORY at WorldNetDaily.com

Be sure to check out johnny2k's Tea Party Gear!

Geithner must go ~ By Craig R. Smith

Commentary from WorldNetDaily

By Craig R. Smith Posted: January 29, 2010 ~ 1:00 am Eastern © 2010 This week a new era of bipartisan politics was ushered in during the congressional hearings addressing the AIG bailout. Treasury Sec. Timothy Geithner failed with both Democrats and Republicans to pass any reasonable stink test. In fact one of his own, Rep. Stephen F. Lynch (D-Mass.), said with an edge in his voice, "It just stinks to high heaven what happened here." I watched the hearings for several hours. Little belief was to be found among the members that Mr. Geithner or Paulson did anything other than panic during the potential meltdown that occurred in Sept. of 2008. Regardless of how many times Geithner demanded Congress acknowledge his brilliance in saving the world, nobody was buying it. Good grief! So much for voters telling Obama to slow down and move toward the center. The lack of fully answered questions and the abundance of arrogant, angry and condescending behavior from Geithner was appalling. He acted as if the U.S. Congress had no right to ask him such questions. How dare they challenge his genius in getting us past the "worst crisis since the Great Depression." He basically said, I saved your ass and this is how you treat me? In the many hearings I have watched over the last 30 years I have never witnessed this level of slithering, spinning and tortured answering in an attempt to avoid the truth. Mr. Paulson was somewhat humble, at least in comparison. And while his unsupportable assertions, such as unemployment going to 25 percent if they had not acted, were laughable, at least they weren't offered with the snotty Ivy league arrogance spewed from Geithner. I would be shocked if Tim Geithner is able to maintain the confidence of President Obama after his performance this week. On the off chance he does, we need to really question the competence of the president. READ FULL STORY >

Who is Wesley Mouch? ~ By John Stossel

Commentary from WorldNetDaily

By John Stossel Posted: January 06, 2010 ~ 1:00 am Eastern © 2010 Tomorrow, my Fox Business Network show about Ayn Rand's novel "Atlas Shrugged" will finally air. That should stop the e-mails like this one from Karen Cooper: "Oh for the love of God! 'Atlas Shrugged' explains about 99 percent of what's wrong in all of the arenas of topics: health care, education, climate change, unions, the economy, etc. PLEASE PLEASE PLEASE cover 'Atlas.'" Cooper makes a good point. Even though Rand published "Atlas" in 1957, her descriptions of intrusive and bloated government read like today's news. The "Preservation of Livelihood Law" and "Equalization of Opportunity Law" could be Nancy Pelosi's or Harry Reid's work. The novel's chief villain is Wesley Mouch, a bureaucrat who cripples the economy with endless regulations. This sounds familiar. Reason magazine reports that "as he looks around Washington these days," Rep. Paul Ryan "can't help but think he's seeing a lot of Wesley Mouch." Me, too. I also saw a lot of him under George W. Bush. So I'm conducting this unscientific poll: Who is our Wesley Mouch? Hank Paulson? Tim Geithner? Barney Frank? You can vote here. Personally, I think Chris Dodd's ridiculous financial proposals ought to win him the honor. But he isn't among the choices on Fox's list. As I write this, Geithner, President Obama and Barney Frank lead the voting. My first guest on the show (FBN, 8 p.m. Eastern Thursday, repeating at 10 p.m. Friday) is BB&T chairman and "Atlas" fan John Allison. Allison's bank, the ninth largest in America, is doing very well, but he's angry the government forced him to take TARP money. Allison once told the New York Times, "To say man is bad because he is selfish is to say it's bad because he's alive." READ FULL STORY >

The never-ending bailout and the demise of the economy - by Ben Shapiro

Ben Shapiro says, "They said that the economic crisis was so dire, so grim, that we needed to allow the government to spend our money to bail out Wall Street. They stated that Paulson, with full authority and no oversight, would be able to right the ship... We were ignorant enough to believe them."

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Oops! Financial Experts = Bunch of Amateurs - by T. L. Farlow

Oops! We have no more money, because we have spent trillions already and it is doing no good. Let’s get our friends in Washington to help us once more, by getting another bailout scam in the works... Oops! Our printing presses can’t keep up with our spending. Let’s buy more printing presses.

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$1 trillion game of 'chicken' - by Hal Lindsey

For over a week, American's have watched a perilous game being played by the economic powers behind Wall Street and the revolted taxpayers behind the U.S. Congress. The drama began to publicly unfold when Henry Paulson and Ben Bernanke went to the president and the U.S. Congress and laid out an "apocalyptic scenario" of utter economic disaster.

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