WASHINGTON (Reuters) - The commercial real estate market has fallen more than 40 percent from early 2007 and a wave of loan failures in the next few years could threaten the economy just as it struggles back to its feet, a report from the panel overseeing the $700 billion bank bailout said. Full Story »
Friday, May 14, 2010
Thursday, March 25, 2010
The quickly depleting nutrients within the soil that bares the tree of liberty
With all the talk of violence against congressional member i want to make it clear that this is not a call to arms. But an outline of the consequences if the status quo of corruption is allowed to continue & flourish.
Anthony D Dolpies
Saturday, March 20, 2010
An Almost Impeachable Phrase
If You follow politics very intensely few things a politician says should leave you slack jawed. When it does happen it’s usually a result of some outrageous claim or highly exaggerated platitude. Obama does this more than most, but nothing he has said before has left my mouth gaping as when he told Brett Baier of Fox News, that he really doesn't care about the process by which legislation is passed.
Despite what our esteemed executive believes process is extremely important. The president was trying to be political slick, seeking to distance himself from what has been an overtly messy & corrupt attempt at passing the democrat health care bill. This is curious because this president seems to be extremely concerned about just about every other process than the one he actually has any real authority over. Whether it’s the way Americans buy health care, the way auto manufacturers build their cars, the way banks make loans and how they should be repaid or even the process by which whatever executive he seeks to demonize on a particular day gets paid. By admitting his disregard of the legislative process he inadvertently connected himself directly to it. But before we get into that lets look at why process is so important, not just in government but in all things.
Most of my adult working life has been spent in auto sales, about fifteen years primarily between two different dealerships which where polar opposites when it comes to process. The first was run by two Russian immigrants, at first this was extremely inspiring to me, the most visible partner, meaning the one who was always at the dealership was not more than ten years older than I and was now, in his early thirties a senior partner in a major Philadelphia dealership. It was soon very apparent that this gentleman was only interested in a quick buck and was more concerned with driving new Lamborghini's’s on the dealerships credit than he was with how business was being conducted in the showroom. The result was a free for all, and the dealership soon began having various legal problems as a result of dirty dealing and it’s franchise licence was eventually revoked. The younger partner (Serge) confidently split the scene back to Russia and left the more honest partner holding the bag. Serge did not care about process, the ends justified the means.
My next example is of a dealership where process mattered, it was a family owned dealership that has been around for about 80 years, still run by the same family. One of the partners who name is consequently on the dealership, still works the service department dressed in a mechanics jumpsuit, making sure customers are properly attended to he even makes keys for them. This honest ethic is enforced in every area of the business from the showroom to accounting etc. The result is a dealership with an excellent reputation, which pays off in tough economic times, in which they end up doing better than most, everyone benefits from principled executive leadership. The Presidents statement exposes his deficiencies as a result of inexperience in the private sector. Not every executive or industry seeks to rip off their customers, in fact most do not.
When the president admits he does not care about the process by which legislation gets passed, he admits that he is incapable or disinterested in providing principled leadership. The constitution provides us with a process by which our elected representatives are to govern, When you look at the presidents oath of office one could argue that providing principled leadership is probably his most important job. When Obama says he is not worried about the process the result is the overtly corrupt process which is now on display within our government. The President recently said that passing his health care plan is referendum on Americas character. Again this is a curious statement coming from a man who has all but admitted that as far as he is concerned the ends is justified by any means. This is not the character of the United States and consequently why so many Americans have rejected his vision.
Anthony D Dolpies
Despite what our esteemed executive believes process is extremely important. The president was trying to be political slick, seeking to distance himself from what has been an overtly messy & corrupt attempt at passing the democrat health care bill. This is curious because this president seems to be extremely concerned about just about every other process than the one he actually has any real authority over. Whether it’s the way Americans buy health care, the way auto manufacturers build their cars, the way banks make loans and how they should be repaid or even the process by which whatever executive he seeks to demonize on a particular day gets paid. By admitting his disregard of the legislative process he inadvertently connected himself directly to it. But before we get into that lets look at why process is so important, not just in government but in all things.
Most of my adult working life has been spent in auto sales, about fifteen years primarily between two different dealerships which where polar opposites when it comes to process. The first was run by two Russian immigrants, at first this was extremely inspiring to me, the most visible partner, meaning the one who was always at the dealership was not more than ten years older than I and was now, in his early thirties a senior partner in a major Philadelphia dealership. It was soon very apparent that this gentleman was only interested in a quick buck and was more concerned with driving new Lamborghini's’s on the dealerships credit than he was with how business was being conducted in the showroom. The result was a free for all, and the dealership soon began having various legal problems as a result of dirty dealing and it’s franchise licence was eventually revoked. The younger partner (Serge) confidently split the scene back to Russia and left the more honest partner holding the bag. Serge did not care about process, the ends justified the means.
My next example is of a dealership where process mattered, it was a family owned dealership that has been around for about 80 years, still run by the same family. One of the partners who name is consequently on the dealership, still works the service department dressed in a mechanics jumpsuit, making sure customers are properly attended to he even makes keys for them. This honest ethic is enforced in every area of the business from the showroom to accounting etc. The result is a dealership with an excellent reputation, which pays off in tough economic times, in which they end up doing better than most, everyone benefits from principled executive leadership. The Presidents statement exposes his deficiencies as a result of inexperience in the private sector. Not every executive or industry seeks to rip off their customers, in fact most do not.
When the president admits he does not care about the process by which legislation gets passed, he admits that he is incapable or disinterested in providing principled leadership. The constitution provides us with a process by which our elected representatives are to govern, When you look at the presidents oath of office one could argue that providing principled leadership is probably his most important job. When Obama says he is not worried about the process the result is the overtly corrupt process which is now on display within our government. The President recently said that passing his health care plan is referendum on Americas character. Again this is a curious statement coming from a man who has all but admitted that as far as he is concerned the ends is justified by any means. This is not the character of the United States and consequently why so many Americans have rejected his vision.
Anthony D Dolpies
Friday, March 19, 2010
Thursday, March 11, 2010
Obama Says Health Premiums Will Go Down.....
Durbin Admits Premiums Will Go Up If Health Care Bill Is PassedSen. Dick Durbin, March 10, 2010:
They are both
democrats
Wednesday, March 10, 2010
Saturday, March 6, 2010
Thursday, March 4, 2010
Monday, March 1, 2010
Thursday, February 25, 2010
'I don't count my time because I'm the President' -- Obama on why Dems had double the speaking time...
TIMES OF LONDON: Obama bores America into submission...
RAHM-IT-THROUGH STARTS MONDAY -- DEMS DECIDE TO PUSH 'THE BIG BILL'...
Pelosi: Health Reform Will Create 400,000 Jobs 'Almost Immediately'...
CNN Poll: Only 25% want Dems to pass their health bills....
McCain invokes 2008 campaign promise at summit...
President scolds Rep. Cantor for bills on desk...
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Obama, Republicans clash at heated health summit
Monday, February 22, 2010
White House: If GOP Filibusters, We’ll Pass Health Reform Via Reconciliation
Whitehouse seeks to dictate insurance policy premiums.Obama to Urge Oversight of Insurers’ Rate Increases
By DAVID M. HERSZENHORN and ROBERT PEAR
President Obama will propose giving the federal government new power to block excessive rate increases by insurers, as he rolls out comprehensive health care legislation.
Thursday, February 18, 2010
Sunday, February 14, 2010
Friday, February 12, 2010
Admitting that the nation rejected his preference for a civilian trial in New York City, President Obama will now decide where to try Khalid Sheik Mohammed, and Attorney General Eric Holder even suggested a military commission was a possibility.
Thursday, February 11, 2010
Biden: Iraq Will Be One Of Obama's "Great Achievements"
"I am very optimistic about -- about Iraq. I mean, this could be one of the great achievements of this administration. You're going to see 90,000 American troops come marching home by the end of the summer. You're going to see a stable government in Iraq that is actually moving toward a representative government."...
Pelosi aide says Democratic congressional leaders have settled on legislative "trick" to pass Obamacare; So why have a summit? UPDATED
Read more at the Washington Examiner: http://www.washingtonexaminer.com/politics/With-absolute-power_-Team-Obama-grows-stupid-83945567.html#ixzz0fFo5UNf5
Bipartisan jobs bill short on making jobs
AP – Thu Feb 11, 6:02 am ETWednesday, February 10, 2010
Monday, February 8, 2010
Saturday, February 6, 2010
Sinking the Moral High Ground
While speaking at the 2010 national prayer breakfast, President Obama invoking health care proclaimed; that “we may disagree about the best way to reform our health care system, but surely we can agree that no one ought to go broke when they get sick in the richest nation on earth.” This statement was meant to be another of the Presidents’ toothpaste ad platitudes. (Nine out of ten dentists agree) But it actually exposed his extreme adherence to the Marxist ideology which has created such a chasm between the American people and himself.
It is certainly true that the majority of Americans have no interest in seeing innocent individuals struggle, financially or otherwise. Our nature however dictates that those struggles are a part of the human experience, and it is that very nature that limits our ability to address these struggles. I don’t know anyone who wants to see people go broke for any reason, but the question is, at what and who’s expense? It is for this reason that Obama tries to wrap his agenda in a cloak of moral superiority. But there is nothing moral about forcibly limiting the individual’s ability to provide for himself and his family for the sake of political expediency.
Obama suggests that we have this “moral” obligation as a result of being “the richest nation on the face of the earth.” This is an extremely ideological statement from a man who just days earlier declared that he is not an ideologue. While it is true that The United States is the home of a fourth of the world’s wealth, President Obama implies that this wealth belongs to the state. Our current deficits show that nothing is farther from the truth. The nation’s wealth in fact resides with its private citizens. It is extremely laudable for an individual to freely commit a portion of his wealth to the service of others, but there is however no moral obligation to do so. Finally, politicians seeking to use the iron fist of government to coerce the individual into the service of others or some dictated high virtue is not morality, it is tyranny.
Anthony D Dolpies
Friday, February 5, 2010
The Senate health care bill wouldraise effective marginal tax rates on lower and middle-income singles and families up to 41%.
Windmills installed by Minnesota cities to meet the state's new mandated global warming renewable energy requirements arefailing to provide any power thanks to the snow.
The House voted Thursday to allow the federal government to go $1.9 trillion deeper in debt, an increase of about $6,000 for every U. S. resident.
Stocks worldwide suffered sharp losses as the cost of insuring Greek and Portuguese sovereign debtsoared.
Thursday, February 4, 2010
Wednesday, February 3, 2010
Federal Watchdog: TARP Program Opens Way for Deeper Economic Meltdown
(CNSNews.com) – Neil Barofsky, the man tasked with overseeing the administration of the Troubled Assets Relief Program (TARP), told Congress in a report released Sunday that the bank bailouts have cleared the path to another financial crisis -- potentially even more grave than the 2008
White House Report: First Three Years of Obama Will Bring Three Largest Budget Deficits Since World War II
(CNSNews.com) - The historical budget tables released Monday by the White House along with President Barack Obama’s budget indicate that the first three years of Obama’s presidency—2009, 2010 and 2011—will feature the three largest annual budget deficits (when measured as a percentage of GDP) since World War II...
Tuesday, February 2, 2010
Advisory: Backdoor taxes to hit middle class
Rueters has curiously pulled this story, yours truly has a copy, I will break it down in detail during my broadcast today @ 3pm eastern
Monday, February 1, 2010
Defending the secret negotiations and special interest deals used to advance President Obama's health care plan, Speaker Nancy Pelosi (D-CA) told journalists: "The American people don’t care about process."
The United States will deploy amissile defense shield to protect American allies from a potential Iranian strike.
Since some states have already spent the money on the belief that President Obama's health care legislation would pass, the administration's budget includes an additional $25 billion in Medicaid funding for states - an amount that was originally part of Obamacare.
Friday, January 29, 2010
Thursday, January 28, 2010
State of Confusion
During the Presidents State of the Union Speech I was repeatedly overcome with the urge to look out of the window to make sure I was not living in some kind of a third world Banana Republic. From his Unpresidential Attacks on the courts and the private sector, to his condescending lecture of congress, to his obviously insincere attempt to praise the nations history and the resilience of it’s people. The President painted a picture of a country in dire straits. While it is true that our economy is stagnant, this country has made its way through far more tumultuous times, despite the assertions of our present executive.
The President seems to be becoming evermore detached from reality. Speaking of the recent supreme court decision regarding campaign financing Obama would do well to take a refresher course in American government, the executive is not superior to the other branches, the congress and the courts do not answer to him, this attempt to intimidate the court could very well backfire severely.
He credited the stimulus pkg with keeping two million people on the job. (He interestingly left out his trade mark phrase “created or saved”) but these numbers cannot be verified and the congressional budget office has said repeatedly that it is impossible to determine how many jobs would have existed without the stimulus. Fiscally the president seemed to be grasping at straws, calling for more aid to middle class families and at the same time calling for a freeze on discretionary spending. A spending freeze may sound good but it is important to remember that the agencies that would be affected have already seen a baseline budget increase under Obama. Even if the President can get congress to go along with such a freeze it would only amount to 1% of the deficit. If the President really wanted to get serious about the long-term fiscal health of the nation he would look at beginning a gradual rollback of Medicare, Medicaid & Social Security, these massive unfunded entitlements are sinking the fiscal ship, the president however is ideologically opposed to facing this reality.
Instead of using this address to reach out to the American people, the President seemed more disconnected, hunkering down behind his unpopular agenda instead of acknowledging the citizenries rejection of it. In the end Obama’s address was not an attempt too sure up the electorate; he wasn’t even speaking to them, it was an effort to convince congress to resume their commitment to the political death march he is leading.
Anthony D Dolpies
Wednesday, January 27, 2010
Sunday, January 24, 2010
Misplaced populism
It was not that long ago that a newly inaugurated President Obama, projecting an image of sure-footed confidence, stood on the steps of the capitol, chiding his critics about the shifting sand beneath them. Now with his poll numbers in free fall and reeling from election defeats where establishment democrats supporting his agenda were rejected despite the political clout he expended on their behalf, the president seems desperate to find solid ground.
Being a community organizer and Senator, Obama has had the luxury of being able to call both sides of the coin. As a community organizer Obama’s job was to marshal the mob against an economic or government institution in an effort to strong-arm an executive or politician into finding a solution to some perceived injustice. In essence create a problem and force someone else to solve it. As a Senator, much like other senators he could support a certain course action with his vote then act as a bystander if the results of that action are unpopular or unsuccessful. For example railing against “fat-cat bankers” and bailouts, but voting for the TARP legislation. Now he is President and the buck stops with him, there is no one left to organize against. Being President has exposed some serious flaws in the Obama image, for one he is visibly angered by the public’s opposition to various elements of his agenda. It is not just Health care. Cap & trade, his approach to national security, foreign policy or immigration, Obama’s Ideas are not inline with the electorate. In a recent interview with George Stephanopoulos the President more or less said that the people just don’t get it.
In an effort to regain his footing and rally the pitchforks to his cause, Obama has renewed his attacks on Wall Street and the financial sector. The president has rolled out a new theme in his recent speeches saying repeatedly “that the people want their money back.” This is curious considering that the majority of the American people were against the TARP legislation and the uncertainty caused by his attacks over the past week has been a major factor in driving the markets into negative territory, that’s real money being lost, not just by “fat cat bankers” but fixed income retires and just about any worker with a 401k. Once again, as on his inauguration day Obama has fatally misread the political landscape with his misplaced populism. The rest of his agenda will offer no salvation from his political free fall and the incessant blaming of his predecessor will only endear him to a minuscule potion of the electorate, lashing out at the Voter will endear him to no one. Obama either fails or refuses to see that the forces behind his recent setbacks are pushing in the opposite direction. The people who determined the outcomes of the VA, NJ and Massachusetts elections, organized the massive march on D.C. and overflowed from tea-parties into townhall meetings are not interested in centralized government solutions, they seek a rollback of the overbearing bureaucracy that has stagnated our economy and set its aim on the individual liberty of the citizen.
Anthony D Dolpies
Monday, January 4, 2010
This story needs to grow some legs
Executive Order: International Police Granted Full Immunity in US and Not Subject to FOIA Requests
Posted By Larry O'Connor On January 1, 2010 @ 9:59 am In Justice/Legal, Obama | 283 Comments
In 1983, President Ronald Reagan issued an Executive Order [1] which gave permission to the International Criminal Police Organization (INTERPOL) to operate within the boundaries of the United States. Reagan’s EO put INTERPOL under the same basic guidelines as the CIA, FBI, ATF and other Federal law enforcement agencies.
Two weeks ago, without any announcement, debate, discussion or inquiry from journalists charged with “speaking truth to power” President Obama issued an amendment to this EO [2]. The amendment removed part of Reagan’s order that kept INTERPOL [3] from having full diplomatic immunity while operating within the United States. In other words: Under Reagan and right up until two weeks ago, INTERPOL was authorized to operate within the USA but they did not have full diplomatic immunity and had to adhere to certain laws set forth for investigative agencies. Laws that prohibit authorities from violating our constitutionally protected rights.
This story has begun to make the rounds at some other blogs and web sites. Some scream about the on-set of the New World Order [4], some merely question the timing, motives and logic [5] behind such a move while we are still fighting foreign wars and under threat of attack from Al Qaeda and other international terrorist bodies. I certainly don’t walk down the New World Order/One World Government path, I don’t look good in tin-foil hats… but, I do wonder why this move was made so quietly and why the White House Press Corps has not made any hay about it.
I also wonder why my friends on the left, who screamed from the rooftops about phone companies conducting analysis of phone calls made from the US to known over-seas terrorists, about members of the Saudi family being allowed to leave the country in the days following 9/11, about the EVILS of the Patriot Act and how it would lead to the stripping of basic civil rights to anyone checking out a book in a library. I wonder how they feel about the President granting permission to an international organization to operate within our borders under full diplomatic immunity.
One other tasty tidbit: Due to the amended language created by President Obama, INTERPOL is now, no longer subject to Freedom of Information Act Inquiries [6].
I wonder if during his vacation in Hawaii if one of the intrepid reporters could ask the President:
“Mr. President, is it true that due to your amendment to Executive Order 12425, INTERPOL may break into a home without a warrant, seize private property of a US citizen, hold a citizen for questioning without the right of legal representation and not be subject to any legal or criminal repercussion?”
I’d really like them to ask that question. Wouldn’t you?
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