Leave it to a loony Assemblyman from San Fransisco to suggest legalizing marijuana and taxing the sale of it as a way to improve the states budget. Assemblyman Tom Ammiano claims this would raise $1 billion dollars per year with a tax of $50 for every ounce. I wonder how he came up with that [...]
Archive for February, 2009
24 Feb
Brace for impact. The economy is crashing
The economy will crash deeper into recession in the 2nd half of 2009. Previous predictions of a second half recovery are not expected occur. The economy will actually get worse later in 2009. Unemployment will rise to a level above 9%. The economy is expected to shrink by almost 2% this year. That will make [...]
24 Feb
Barney Frank Demands Immediate Repayment Of Northern Trust Boondoggle Money
Northern Trust is the latest bank to suffer populist anger, choreographed courtesy of Barney Frank, after it was disclosed that they had some serious fun at the taxpayer’s expense last week. TMZ via Dealbreaker gave a blow by blow of the festivities that Northern Trust Employees partook in, which included: Wednesday, Northern Trust hosted a [...]
24 Feb
La. Governor Took Fast Track to National Prominence
One Rhodes scholarship applicant stood out on the long roster of Louisiana’s high achievers: 20-year-old Bobby Jindal. He so impressed the state’s selection committee with his intelligence and eloquence that the judges hashed over the contenders for just 30 seconds before picking Jindal as a finalist. It took them 45 minutes to settle on the [...]
24 Feb
U.S. Clears Path to Bank Takeovers
Obama’s Revised Plan for Industry Aid Could Result in Nationalization The Obama administration yesterday revamped the terms of its emergency aid to troubled financial firms, setting a course that could culminate with the government nationalizing some of the country’s largest banks by taking a controlling ownership stake. Administration officials said the change, which allows banks [...]
24 Feb
Is bill lying in wait to ban handguns?
Activists worry another Columbine will spark end of 2nd Amendment Tucked away in committee on Capitol Hill is a firearm licensing bill that Second Amendment advocates worry may just be waiting for the right “Columbine moment” to emerge and effectively ban handguns in the U.S. As WND reported, U.S. Rep. Bobby Rush, D-Ill., sponsored H.R. [...]
24 Feb
Bailout solution? Soros-promoted bank takeover
Editor’s Note: The following report is excerpted from Jerome Corsi’s Red Alert, the premium online newsletter published by the current No. 1 best-selling author, WND staff writer and columnist. Subscriptions are $99 a year or $9.95 per month for credit card users. Annual subscribers will receive a free autographed copy of “The Obama Nation,” the [...]
24 Feb
Tea Party revolution brewing
The kettle’s whistling. Tea Parties are popping up all over the country. People are flocking to these sites which have cropped up practically overnight in search of information about rallies, demonstrations and Tea Parties in their cities. The revolution is brewing! “Somebody in our government needs to finally pay attention. It is what I’ve been [...]
24 Feb
Soldier doubts eligibility, defies president’s orders
‘As an officer, my sworn oath to support and defend our Constitution requires this’ A U.S. soldier on active duty in Iraq has called President Obama an “impostor” in a statement in which he affirmed plans to join as plaintiff in a challenge to Obama’s eligibility to be commander in chief. The statement was publicized [...]
24 Feb
More Signs Washington Has Too Much Power
Politico reports today: It was a perfectly reasonable question, and on the surface it seemed like a perfectly reasonable answer. But when Senate Banking Committee Chairman Chris Dodd went on Bloomberg TV Friday and mused about the possibility of bank nationalization, panicked investors sent the Dow plummeting a hundred points in the next hour. Whoops. [...]
