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President Barack Obama was awarded the 2009 Nobel Peace Prize today. Barack Obama? The same Barack Obama who was little known outside of Chicago just a couple dozen months ago? The same Barack Obama who was in office as President of the United States “less than two weeks” before the nomination window for the Nobel prize closed, according [...]
Posted by Jerry Pomeroy as Current Affairs, Fraud Watch, Politics at 5:57 PM UTC
Bad guys lose. Good guys win. It’s a scenario often wished for but too rarely played out in real life. But, in the dangerous waters off of Somalia’s lawless coast, just such an outcome was achieved as Navy Seals rescued merchant skipper Richard Phillips from the clutches of four desperate pirates. Once the marksmen were given the order [...]
Posted by Jerry Pomeroy as Current Affairs, Obama Presidency, War on Terror at 6:47 PM UTC
I’ve just finished watching a two-hour video dedicated to the proposition that world events are being controlled by an elite few concentrated in the shadow land of international banking and finance. The ultimate goal of these obscure modern-day king makers is nothing short of world domination. The phrase “new world order,” captured on the lips [...]
Posted by Jerry Pomeroy as Current Affairs, Economics, Obama Presidency at 5:33 PM UTC
The Falkland Islands War, fought by Argentina and Great Britain in 1982, resulted in the death of nearly 1,000 combatants from both nations. The war solved nothing, changed little, and was started for no good reason. If that sounds familiar, it should. History is strewn with examples of senseless wars and less devastating diversions begun [...]
Posted by Jerry Pomeroy as Current Affairs, Ethics, Obama Presidency at 4:26 PM UTC
California is losing residents faster than any other state in the Union, according to The Associated Press. “From 2007 to 2008,” writes AP correspondent Stephen Ohlemacher, “California had the biggest net loss of people moving to other states — more than 144,000 people, according to population estimates released Monday by the Census Bureau.” The focus [...]
Posted by Jerry Pomeroy as Current Affairs, Taxation at 6:16 PM UTC
Ron Paul on the bailout and overall financial crisis. Well worth a listen.
The federal government is mismanaging the current financial crisis. Operating according to long-established patterns of bureaucratic bullheadedness, Congress and the President are borrowing money in the hopes of solving a problem caused by too much borrowing. They are extending more credit to institutions in [...]
Posted by Jerry Pomeroy as Budgets, Current Affairs, Economics, Government Blunders, Video at 3:16 PM UTC
Two British comedians had it right about Bear Sterns and the subprime crisis far earlier than did Henry Paulson. But be warned; watching the following video, recorded in 2007, reveals just how badly we’ve been snookered. These chaps are absolutely brilliant…
Declan McCullagh of CNET NEWS vividly lays out the atrocious bailout legislation rammed down our throats just [...]
Posted by Jerry Pomeroy as Best Of the Web, Current Affairs, Economics, Video at 3:29 PM UTC
The video is worth watching if you want to catch Barack Obama in his biggest lie this week:
Drunk with power, bursting with hubris, and overcome by the irresistible lure of controlling mind-boggling amounts of money, the President, both Presidential candidates, 74 Senators, and 263 Representatives have pulled off the biggest money grab in our nation’s history. This largest single [...]
Posted by Jerry Pomeroy as Campaign 2008, Current Affairs, Economics, Ethics, Government Blunders, Video at 11:44 AM UTC
While the great bulk of financial leaders are clamoring for a massive bailout of our tottering monetary system, some are taking a difference stance. One such dissenter is Jeffrey A. Miron, a “senior lecturer in economics at Harvard University. A Libertarian, he was one of 166 academic economists who signed a letter to congressional leaders [...]
Posted by Jerry Pomeroy as Best Of the Web, Budgets, Current Affairs, Economics, Government Blunders, Video at 6:39 PM UTC
The proposed $700 billion bailout bill has been defeated in the House of Representatives, thank God. About the only other sane thing I’ve heard about the financial debacle and any proposed solution is that the problem is much to complex to cobble together a proper remedy in a few days. Crafting carefully considered judicious legislation is never accomplished overnight, especially when [...]
Posted by Jerry Pomeroy as Budgets, Current Affairs, Government Blunders, Limiting Government, Media, Video at 4:25 PM UTC