Sold to China?

If this is true, heads should roll. If you were worried that Obama was selling out the US. You may be more right than you imagined.

Sources at the United States Embassy in Beijing China have just CONFIRMED to me that the United States of America has tendered to China a written agreement which grants to the People’s Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China’s continued purchase of US Treasury Notes and existing US Currency reserves!

The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China.

This means that in the event the US Government defaults on its financial obligations to China, the Communist Government of China would be permitted to physically take — inside the USA — land, buildings, factories, perhaps even entire cities – to satisfy the financial obligations of the US government.

Put simply, the feds have now actually mortgaged the physical land and property of all citizens and businesses in the United States. They have given to a foreign power, their Constitutional power to “take” all of our property, as actual collateral for continued Chinese funding of US deficit spending and the continued carrying of US national debt.

What Obama has done is bad enough. This is beyond the pale.

Pink Lady

A nice piece of art from the Psycho, my graphic novel that Daniel Brereton painted. This is one of the characters from the book.
pink-lady-closeup-smll1

Mexico Crumbling?

Our biggest trading partner and neighbor to the south may be collapsing. In it’s place will be a lawless narco-state. If you think terrorism is a threat, try this on for size: millions of refugees flooding across the border and criminal gangs killing police and journalists in the states. It’s already beginning to happen.

The #2 city in the world for kidnappings right now is Phoenix, Az. This is mostly the work of Mexican drug cartels.

The crisis consists in nothing less than an effort by the major drug cartels to tame and suborn the Mexican state, and not just in the strip along the US border, though the epicentre of the crisis is there. Obviously, the cartels’ leaders do not have designs on Mexico’s presidential palace. But, through a policy of terror extending from Oaxaca in the south, through Acapulco on the Pacific coast, and up to the great border cities of Tijuana and Juarez (Mexico’s sixth and seventh most populous cities, respectively), they have made it abundantly clear that they are trying to achieve impunity.

The only recent parallel in Latin America was a similar effort 15 years ago by the Colombian drug cartels. That disguised coup failed – barely – and there is no guarantee that the result will be similar this time around in Mexico.

Journalists with long experience of war zones report being more worried about their safety in Mexico border than when they were in Bosnia, Afghanistan, or Iraq, though much of the violence is internecine. Of the thousands who have been killed, often after being horribly tortured, many, if not most, have been members of the drug cartels and their families.

We should be putting troops on the border. We may have to invade Mexico if the government there fails. The question is, will old liver lips be up to the task?

UPDATE: Now they’re talking about this on NPR

Drowning in Debt

Democrats seem to think the answer to everything is taxes. They think taxes cure cancer. In fact, in the president’s recent speech he claimed we will cure cancer in our lifetimes. Why he didn’t throw in a cure for AIDs and world hunger is beyond me. He seems to like make grandiose promises. 

Obama is trying to drown the US tax payer in debt for two reasons. He’s attempting to ram through his socialist agenda, universal health care and global warming taxes so that the government is permanently made larger and the debts laid on all of us will make us indentured servants of the nanny state for many generations. The second is the typical grandiose vainglorious motives so many leaders have. He wants a lasting legacy. He’s trying to buy this with the people’s money.

His budget includes a $634 billion “down payment” on universal health care even though the people didn’t vote for that and it has not been approved by the congress or the senate (yet). He’s banking on the Democrat majority to ensure it happens. And once there, the government will be able to dictate your life style even more than they do now. 

He is putting taxes on carbon emissions, which is like putting taxes on breathing because every time you exhale, you are letting out carbon dioxide. Cap and Trade is an environmentalist scam and it’s yet another attempt to soak businesses, who are already over burdened with taxes and regulations.

There is no evidence that carbon dioxide is a “dangerous pollutant”. It’s part of nature. It’s food for plants. But Obama’s anti-science government wants to try to control it. A laughable and insane objective. So why does he do it? His budget projects $645 billion in revenues from the sale of emission allowances. Basically this will give the government more contriol over the energy busines than they already have. All you have to do is how well the government has run Amtrak, the Post Office, Fannie Mae and Freddie Mac to see what a poor idea it is to give the government too much power. 

And he plans to tax the rich into the stone age. That has never worked and always stagnates the economy. We did that already in the past and it only kept us in a perpetual cycle of recessions and stagflation until Reagan cut taxes. When Bush did it it pulled us out of the post 9/11 recession and we had a period of great wealth generation. Our crash came from two many people using credit to further their extravagant lifestyles. And too many others taking advantages of the governments lax lending policies, which is not subject to change, apparently.

Take a look at this chart and you can see what an irresponsible leader Obama is. All the talk of Bush’s extravagance pales in comparison.

deficit

They want us in debt because it makes people more dependent. People who are financially sound are more free to make up their minds. Whose who are dependent on the state are more likely to vote for statist candidates.

Obama is for more government, more laws regulating people. The Democrats are even trying to regulate free speech. They failed to pass the fairness doctrine but they are going for it in other ways, even trying to control free speech on the Internet.

By their acts you shall know them.

UPDATE: Obama’s war on business.

Two Faced Hillary

During the Democrat primaries I rooted for Obama over Hillary, even though I didn’t want either of them to win the election. The reason I preferred Obama to Hillary is, at the time, he seemed less likely to win the election, but he also seemed preferable to her if he won. After all, I really don’t want to look at Bill Clinton’s mug any more than I have to, not to mention Hillary’s. The Clintons ran a very corrupt white house and I didn’t want to see a return to that.

Oops.

Not only did Obama hire almost the entire Clinton cabinet, he hired Hillary as Secretary of State. And apparently, she has changed her tune on Israel now that she no longer needs to patronize New York Jews as senator.

In a swift about face from her views as New York’s senator, Secretary of State Hillary Clinton is now hammering Israel over its treatment of Palestinians in Gaza.

As First Lady, Clinton raised eyebrows when she kissed Suha Arafat.

Since she was then seeking a Senate seat the resulting brouhaha caused her to “re-think” her positions.

“I’m a very strong supporter of Israel,” Clinton said back in February 2000.

On Thursday, as Secretary of State she had yet another about face in the form of angry messages demanding Israel speed up aid to Gaza. Jewish leaders are furious

The Clinton never seemed very sincere to me and this proves it. She may be pushing this administration’s agenda. In any event what we’re seeing is not very encouraging. The next four years are looking really ugly.

And Clinton may be destroying her political future being part of Obama’s cabinent. Maybe that’s not such a bad thing after all.