Archive for the ‘corruption’ Category

Obama Triples Military Monthly Healthcare Premiums but does not touch civilian unionized defense workers

Monday, May 28th, 2012

Everyone needs to read this and the link, understand what is going on, and pass it to your email list!

 

There’s an issue out there that can ensure Barack Obama is defeated in 2012.


It’s not Obamacare.

It’s not his religious views.

It’s not his commitment to socialist and anti-American causes.


It’s not even the birth certificate and his eligibility issues.

I believe the issue that will take Obama down if Republicans make it an issue is his administration’s proposed budget cuts for active-duty military personnel and military retirees – but not civilian defense workers.

Do you get the picture?


Obama has tipped his hand. He’s showing the entire country what he thinks about our military service people – the people who risk their lives for their country are worth less than civilian defense workers who push papers around in Washington.

Chances are you don’t know much about this story. There’s a good reason for that. The Big Media don’t want you to know, because they recognize the political radioactivity it represents. This is the Death Star for Obama’s re-election campaign. If Americans know about this – Republicans, Democrats and independents all oppose him.


Here are the details of the story broken by the intrepid Bill Gertz:

  • “The Obama administration’s proposed defense budget calls for military families and retirees to pay sharply more for their health care, while leaving unionized civilian defense worker’ benefits untouched.”
  • “Several congressional aides suggested the move is designed to increase the enrollment in Obamacare’s state-run insurance exchanges.”
  • “The disparity in treatment between civilians and uniformed personnel is causing a backlash within the military that could undermine recruitment and retention.”
  • “Significantly, the plan calls for increases between 30 percent to 79 percent in Tricare annual premiums for the first year. After that, the plan will impose five-year increases ranging from 94 percent to 345 percent – more than three times current levels.”

Think about this – and imagine how you would campaign against Obama on just this one issue.


U.S. military service people don’t get the equipment they need to do their jobs. They don’t have the manpower they need to complete their missions. Their families scrimp and sacrifice financially so they can serve their country. They risk their lives and give their lives for their country.

But, according to the Obama administration, unionized civilian defense workers, sitting behind their comfortable desks in Washington, deserve better treatment than our heroes serving overseas in Iraq and Afghanistan and elsewhere.
It’s almost unbelievable that Obama could serve up a slow-pitch softball like this for Republicans to knock out of the park.
It’s even more unbelievable that none of them has.

Which is why I write this column.


Obama needs to pay for this. Whether or not he backs off, whether or not Congress throws his budget out the window, whether or not these cuts are ever enacted, Obama needs to pay a big political price for showing his cards. Republicans need to remind Americans every day that Obama is the guy who wants to cut medical care for soldiers, sailors, Marines and airmen – all while preserving the goodies for Washington bureaucrats.


Men and women who put their lives on the line, who risked their health and well-being, are treated like second-class citizens in ObamaWorld.


He signaled his absolute contempt for the U.S. military – not just the institution of the military, but the active-duty grunts on the front lines.


This is an easy one for the American people to understand.


So where are the Republicans?


Where are the talk-show hosts?


Where is the blogosphere chatter?


Obama has stepped in something very smelly here. Why aren’t more Obama critics making hay of it?


Can you understand it?

Ben H. Willingham

Association of Naval Aviation

Bald Eagle Squadron

P. O. Box 621

Orange Park, FL 32067-0621

https://sites.google.com/site/baldeaglesjax/

Goldman Sachs and Morgan Stanley Are Bank Holding Companies

Sunday, September 21st, 2008

In the final destruction of all the wonderful laws passed by a thoughtful Congress and Franklin Delano Roosevelt to protect the American people from the excesses and corruption that caused the Great Depression, your totally incompetent government  taken the final steps to maximize the corruption of our financial system.

The last two major independent investment banking/ stock brokerage houses have now officially become commercial banks.

Don’t believe me? See:

http://federalreserve.gov/newsevents/press/bcreg/20080921a.htm

Wave of Tent Cities As In the Great Depression

Friday, September 19th, 2008

RENO, Nev. —  A few tents cropped up hard by the railroad tracks, pitched by men left with nowhere to go once the emergency winter shelter closed for the summer.

Then others appeared — people who had lost their jobs to the ailing economy, or newcomers who had moved to Reno for work and discovered no one was hiring.

Within weeks, more than 150 people were living in tents big and small, barely a foot apart in a patch of dirt slated to be a parking lot for a campus of shelters Reno is building for its homeless population. Like many other cities, Reno has found itself with a “tent city” — an encampment of people who had nowhere else to go.

From Seattle to Athens, Ga., homeless advocacy groups and city agencies are reporting the most visible rise in homeless encampments in a generation.

Nearly 61 percent of local and state homeless coalitions say they’ve experienced a rise in homelessness since the foreclosure crisis began in 2007, according to a report by the National Coalition for the Homeless. The group says the problem has worsened since the report’s release in April, with foreclosures mounting, gas and food prices rising and the job market tightening.

Will Everyone Who Bot Fannie Mae Stock Sue Merrill Lynch?

Monday, September 8th, 2008

Herb Allison,, former president of Merrill  Lynch, is the government appointed head of Fannie Mae.

i have been observing for some time that trading in both Fannie Mae and Freddie Mac should have been suspended because any financial analyst with even a broken pencil could see that both companies were grossly insolvent.

Merrill Lynch, Goldman Sachs, and all the brokers have at least one sharp pencil buried beneath the salesmen, and should have reasonably known of the de facto insolvency. They should have advised their customers that these firms were insolvent.

Trial lawyers, paradise is here!

The potential liability is huge to Merrill Lynch for continuing trading these stocks and permitting their customers to buy them through Merrill Lynch, earning excessive commissions for Merrill. The lower a stock price, the higher the commission as a percent of the trade.

Now the former president of one of the firms who did hundreds of billions of trading in the bad paper is in charge of Fannie Mae?

Is there no Shame?

There certainly is no honor left in American finance ad its regulators.

Red China Sleeps Easier Thanks to US Taxpayers

Monday, September 8th, 2008

Paulson’s bailout of Fannie Mae and Freddie Mac just returned the $376,000,000,000 of their debt owned by the Chi Coms to AAA status, and guaranteed Communist China will collect every penny of principal and interest.

 Isn’t our government great?

Wait for your tax increase to pay for it.

Watch Our Government Make Insiders Even Richer

Sunday, September 7th, 2008

In previous posts I criticized regulators for not shutting down trading in insolvent stocks like Fannie Mae and Freddie mac.

Watch the details of the takeover of those companies. I guarantee the regulators will not do the right thing and take them over the same way as banks are taken over, by eliminating the common stock completely.

We know 9 percent of m ortgages are bad and Fannie and Freddie only have 3 percent capital so they are insolvent by 300 percent, so the stock is worthless.

Watch the regulators do a takeover sufficiently complex that you and I do not dare buy the stock immediately, yet the Wall Street insiders will know the true value and will get even richer by having access to information that you and I don’t.

Put em all in jail.