Archive for the ‘Bankruptcy’ Category

VIDEO 10 REASONS WHY BLACKS SHOULD LEAVE THE DEMOCRAT PARTY

Tuesday, December 31st, 2019

 

Does the Democratic Party represent the interests of black Americans? Larry Elder gives 10 reasons why blacks might consider leaving the Democratic Party.
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10 Reasons Why Blacks Should Leave the Democratic Party by Larry Elder

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VIDEO – PUBLIC PENSIONS – AN ECONOMIC TIME BOMB PRAGER U

Tuesday, October 29th, 2019

 

VIDEO  – PUBLIC PENSIONS – AN ECONOMIC TIME BOMB  PRAGER U 
Who cares about public pension liability? Well, you should – after all, it’s the reason entire cities and even states are facing bankruptcy. Joshua Rauh, professor of finance at Stanford and Senior Fellow at the Hoover Institution, paints a startling picture of just how broken the public pension system really is, and what will happen if we continue to ignore it
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VIDEO – TRUMP 1998 INTERVIEW

Monday, October 21st, 2019

 

VIDEO   TRUMP INTERVIEW 1998 – Excellent !

www.youtube.com/watch?v=y4CqF4hjCGI&feature=youtu.be

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OBAMA’S INCREDIBLE MOVIE MAKEOVER

Monday, September 16th, 2019

 

This is an extremely informative and interesting article about the subject of Obama’s first film that he and Michele  produced with Netflix.  As you will read, the author of this article is very critical of the part that Obama played in the original closing of this GM plant during the 2008/2009 financial crisis which Obama does not mention at all in his movie .  Talk about chutzpah !!!
I have included the official trailer of this movie and a link to view the entire movie at the bottom of this WSJ article.   Nancy
THE WALL STREET JOURNAL

Obama’s Incredible Movie Makeover

The former president has produced a film about a factory closing—without mentioning his own role in the drama

By Mike Turner,  Mr. Turner, a Republican, represents Ohio’s 10th Congressional District.  He served as mayor of Dayton , 1994 – 2002
September 14, 2019
EXCERPT FROM THIS ARTICLE:  It’s a fascinating and at times moving film. What’s interesting about it, though, is that it never once alludes to the part Mr. Obama played in diminishing the ability of Moraine’s laid off workers to transfer to other GM plants. The president’s role wasn’t indirect and isn’t a matter of dispute: His administration’s bailout deal for GM included a backroom exclusive agreement with the United Auto Workers. The hypocrisy of this Obama-backed film is astounding. Mr. Obama fails to acknowledge his direct role in creating the hardships the Moraine workers weathered. He had nothing whatsoever to do with the plant’s reopening—that was all the work of state and local officials and community leaders.

To put the point bluntly: If the president had his way, there would have been no plant to make a documentary about. “American Factory” would have been “Abandoned Parking Lot.”

Higher Ground, the production company formed last year by Barack and Michelle Obama in conjunction with Netflix, recently released its first film. “American Factory” is a documentary about a General Motors plant in Moraine, Ohio, a suburb of Dayton. The plant closed in 2008 and was reopened by a Chinese auto glass manufacturer in 2015. The film follows the lives of both the laid-off American workers and the Chinese workers brought in to run the new plant.

It’s a fascinating and at times moving film. What’s interesting about it, though, is that it never once alludes to the part Mr. Obama played in diminishing the ability of Moraine’s laid off workers to transfer to other GM plants. The president’s role wasn’t indirect and isn’t a matter of dispute: His administration’s bailout deal for GM included a backroom exclusive agreement with the United Auto Workers.

How does a nearly two-hour film telling the story of these workers fail even to mention the direct role the co-owner of the film’s production company played in creating their hardships? Did the filmmakers think no one would remember?

A quick refresher. The Obama administration’s auto bailout highly favored the UAW and its members. The GM plant in Moraine was unionized by the IUE-CWA. So—despite being one of the top GM facilities for quality, efficiency and production in the country—it was shuttered, and its employees were put at the back of the line when requesting transfers to other GM plants. Any non-UAW employees looking to transfer were forced to start as new hires, wiping clean any wages, tenure, and benefits built up during careers at other GM plants.

American Factory” documents the UAW’s efforts to unionize the reopened auto glass factory without any mention of the same union’s direct role in the GM plant’s closure. The Dayton community was left out in the cold—thousands of jobs lost, families devastated, longtime GM workers out on the street looking for work.

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THE ROOTS OF AMERICA’S DANGEROUS TURN TO THE LEFT

Tuesday, July 10th, 2018

 

This article  will help you to understand the history behind  how the Far Left has been able to take control of the Democrat Party and what their goals are for our country.     It is a fascinating read .   Nancy

www.thetrumpet.com/13314-the-roots-of-americas-dangerous-turn-left

To understand where the radical left plans to take America, you must understand the source of its ideas. We have been warning America about this for over 50 years!
FROM THE JANUARY 2016       TRUMPET PRINT EDITION

America is in serious decline. Many Americans are deeply concerned. The radical left has gained control of the nation. Look at the Democratic Party today: Its leading personalities promote policies that are weakening the nation economically, socially, morally, militarily and geopolitically. How did they get control? What caused this nation to descend into this condition?

You need to understand what has happened inside this country and why. The problem is far deeper, and has been going on for far longer, than most people realize.

During the Cold War, there was a lot of fear within America about the spread of communism. Today, most Americans no longer consider it a threat of any concern.

But it is of grave concern. Few people realize it, but many mainstream political views in America today are identical to—and trace directly back to—the ideals and beliefs of communism.

One popular candidate running for the Democratic presidential nomination claims to be a socialist. Well, many Communists call themselves socialists. The fact that he has so much support reveals how dangerously ignorant the American people are.

What do you know about communism? A growing number of Americans support the government taking over health care and other major segments of the national economy. They fail to understand the dangers that accompany a Communist system.

Understanding Communism

Socialism and communism are alike in fundamental ways. Both say the centralized government or “the public” should own and control production, rather than individual business owners. Both call for centralized planning and control, which make for powerful governments that are highly susceptible to corruption. Socialism is considered the transition stage from capitalism to communism; in some cases, it is a less radical version that might eventually “mature” into communism.

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L.A. MADE $1.3 BILLION IN ILLEGAL IMMIGRANT WELFARE PAYOUTS IN 2 YEARS

Friday, August 4th, 2017

 

This is taxpayer money that could instead be used for rebuilding our roads, bridges, airports,  medical  research, failing inner city school systems, job retraining programs, the list of worthwhile programs is endless.   Instead, the money is being spent on those who are here illegally.  Have you all heard of  Cloward-Piven, which is  overwhelming the system until it collapses !  
Earlier this evening, I posted  an article on California’s expansion of Medicaid (Medi-Cal).  Just one more example of overwhelming the system with people on welfare.     What is needed is job training programs to get  people out of poverty, not paying them to  stay in poverty.    I think it was Ben Carson  who said you don’t want to make people so comfortable in poverty that they stay in poverty !  One of our readers wrote to me today that she owns a small business and she offered a job to someone who declined  the job offer  because the person made more money staying at home and collecting welfare.   Nancy   

LA made $1.3B in illegal immigrant welfare payouts in just 2 years

     Illegal immigrant families received nearly $1.3 billion in Los Angeles County welfare money during 2015 and 2016, nearly one-​quarter of the amount spent on the county’s entire needy population, according to data obtained by Fox News.

The data was obtained from the county Department of Public Social Services — which is responsible for doling out the benefits — and gives a snapshot of the financial costs associated with sanctuary and related policies.

The sanctuary county of Los Angeles is an illegal immigration epicenter, with the largest concentration of any county ​in the nation, according to a study from the Migration Policy Institute. ​The county also allows illegal immigrant parents with children born in the United States to seek welfare and food stamp benefits.

Robert Rector, a Heritage Foundation senior fellow who has written extensive studies on poverty and illegal immigration, said the costs represent “the tip of the iceberg.”

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OBAMA-CLOWARD-PIVEN-SOROS-SAUL ALINSKY-ACORN

Monday, September 26th, 2016

 

www.americanthinker.com/articles/2008/09/barack_obama_and_the_strategy.html

  
AMERICAN THINKER

 

September 28, 2008

Barack Obama and the Strategy of Manufactured Crisis

 

By James Simpson  James Simpson is a former White House  staff economist  and budget analyst.  His writings have been published in American Thinker, Washington Times, FrontPage Magazine, Defense Watch, Soldier of Fortune and others.

 

America waits with bated breath while Washington struggles to bring the U.S. economy back from the brink of disaster. But many of those same politicians caused the crisis, and if left to their own devices will do so again.

Despite the mass media news blackout, a series of books, talk radio and the blogosphere have managed to expose Barack Obama’s connections to his radical mentors — Weather Underground bombers William Ayers and Bernardine Dohrn, Communist Party member Frank Marshall Davis and others. David Horowitz and hisDiscover the Networks.org have also contributed a wealth of information and have noted Obama’s radical connections since the beginning.

Yet, no one to my knowledge has yet connected all the dots between Barack Obama and the Radical Left. When seen together, the influences on Obama’s life comprise a who’s who of the radical leftist movement, and it becomes painfully apparent that not only is Obama a willing participant in that movement, he has spent most of his adult life deeply immersed in it.

But even this doesn’t fully describe the extreme nature of this candidate. He can be tied directly to a malevolent overarching strategy that has motivated many, if not all, of the most destructive radical leftist organizations in the United States since the 1960s.

The Cloward-Piven Strategy of Orchestrated Crisis

In an earlier post, I noted the liberal record of unmitigated legislative disasters, the latest of which is now being played out in the financial markets before our eyes. Before the 1994 Republican takeover, Democrats had sixty years of virtually unbroken power in Congress – with substantial majorities most of the time. Can a group of smart people, studying issue after issue for years on end, with virtually unlimited resources at their command, not come up with a single policy that works? Why are they chronically incapable?

Why?

One of two things must be true. Either the Democrats are unfathomable idiots, who ignorantly pursue ever more destructive policies despite decades of contrary evidence, or they understand the consequences of their actions and relentlessly carry on anyway because they somehow benefit.

I submit to you they understand the consequences. For many it is simply a practical matter of eliciting votes from a targeted constituency at taxpayer expense; we lose a little, they gain a lot, and the politician keeps his job. But for others, the goal is more malevolent – the failure is deliberate. Don’t laugh. This method not only has its proponents, it has a name: the Cloward-Piven Strategy. It describes their agenda, tactics, and long-term strategy.

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BARACK OBAMA AND THE STRATEGY OF MANUFACTURED CRISIS

Saturday, September 24th, 2016

 

www.americanthinker.com/articles/2008/09/barack_obama_and_the_strategy.html

Barack Obama and the Strategy of Manufactured Crisis

America waits with bated breath while Washington struggles to bring the U.S. economy back from the brink of disaster. But many of those same politicians caused the crisis, and if left to their own devices will do so again.

Despite the mass media news blackout, a series of books, talk radio and the blogosphere have managed to expose Barack Obama’s connections to his radical mentors — Weather Underground bombers William Ayers and Bernardine Dohrn, Communist Party member Frank Marshall Davis and others. David Horowitz and hisDiscover the Networks.org have also contributed a wealth of information and have noted Obama’s radical connections since the beginning.
Yet, no one to my knowledge has yet connected all the dots between Barack Obama and the Radical Left. When seen together, the influences on Obama’s life comprise a who’s who of the radical leftist movement, and it becomes painfully apparent that not only is Obama a willing participant in that movement, he has spent most of his adult life deeply immersed in it.
But even this doesn’t fully describe the extreme nature of this candidate. He can be tied directly to a malevolent overarching strategy that has motivated many, if not all, of the most destructive radical leftist organizations in the United States since the 1960s.
The Cloward-Piven Strategy of Orchestrated Crisis
In an earlier post, I noted the liberal record of unmitigated legislative disasters, the latest of which is now being played out in the financial markets before our eyes. Before the 1994 Republican takeover, Democrats had sixty years of virtually unbroken power in Congress – with substantial majorities most of the time. Can a group of smart people, studying issue after issue for years on end, with virtually unlimited resources at their command, not come up with a single policy that works? Why are they chronically incapable?
Why?
One of two things must be true. Either the Democrats are unfathomable idiots, who ignorantly pursue ever more destructive policies despite decades of contrary evidence, or they understand the consequences of their actions and relentlessly carry on anyway because they somehow benefit.
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HAVE YOU CHECKED YOUR RISK LEVEL LATELY?

Wednesday, August 31st, 2016

 

THE WALL STREET JOURNAL

Have You Checked Your Risk Level Lately?

Federal obligations and guarantees have ballooned since 2009. Taxpayers are on the hook for trillions.

If you asked most Americans how much loan risk they’ve undertaken over the last decade, they would probably look puzzled. Few are in the lending business.

But how about the risk Americans have taken on collectively, through the lending and loan guarantees of the federal government? The exposure of taxpayers to delinquencies and defaults on federal loans and guarantees has ballooned since 2009. Add that to the soaring national debt and the excessive obligations of federal entitlement programs and you have what some might call an “existential” issue.

“Stimulus” programs have more than doubled the national debt—while providing little stimulus—since Barack Obama took office. The budgetary cost of servicing that debt will double over the next decade, even if the Federal Reserve manages to keep interest rates at current low levels. It’s also widely understood that without serious reforms there is no way the government can fulfill the promises made to oldsters and the disabled by Social Security and other safety-net programs.

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THE OBAMA DEBT LEGACY

Wednesday, August 31st, 2016

 

THE WALL STREET JOURNAL

Another Obama Parting Gift

His final fiscal year federal budget deficit will increase by 35%.

President Obama in the White House briefing room on June 23.ENLARGE
President Obama in the White House briefing room on June 23. PHOTO: ASSOCIATED PRESS

As President Obama ends his second term, he’s leaving plenty of political parting gifts. The latest is a 35% single-year increase in the federal budget deficit, and a rising trajectory of spending and debt as a share of the economy. Hillary Clinton’s campaign promise of more “stimulus” spending next year suddenly looks a lot more politically problematic.

That’s the story you haven’t read from the Congressional Budget Office’s latest fiscal and economic outlook released this week. For the 2016 fiscal year that ends next month, CBO now forecasts that revenues will rise by only $26 billion while outlays will increase by some $178 billion. The federal deficit will therefore rise from $438 billion to $590 billion, the biggest deficit since 2013.

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