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Posts Tagged ‘Current Events’

I agree with Tammy Bruce:  If you are just following the mainstream media, you could not be blamed for thinking that we would have been better served in Benghazi if we sent Charles Ramsey.

For those middle-class Chick-fil-A fans who have been following Professor Jacobson’s streaming of the hearings covering the events surrounding the terror attack on our Libyan embassy, Ramsey just became a national hero when he helped rescue three missing women who were held hostage for a decade in Ohio.

However, if you were only getting your information via Google, this is The News!

News #01

CNN has a bit more variety, also featuring the Jodi Arias trail verdict:

News #02

The Washington Post, whose reporters lead the way in bringing down the Nixon Administration over stolen tapes, seems less than enthusiastic in covering the hearings about attacks and a failed rescue that left 4 Americans dead. The placement with photo clearly indicates what stories they want their readers to see:

New #03

The Washington Post staff may want to reflect that their primary responsibility under the US Constitution is to be a watch-dog on our government officials and political representatives. If they decided to actually report the news, instead of insult the news consumers, perhaps the paper’s profits would not be plunging by 85%.

Comparing the coverage of the Ohio and Benghazi rescues, it is sad to see the depths to which American journalism has sunk.

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Dear Readers:  A quick Egypt-based update for my fans of the ancient land.  I bet the true believers in the “Arab Spring” were shocked to discover that the new Muslim Brotherhood President transformed himself into the new pharaoh!

This via Egypt Daily News: Egypt journalists blast Morsi declaration, warn of general strike

The general assembly of the Egyptian Journalists Syndicate on Sunday voiced its rejection of President Mohamed Morsi’s constitutional declaration, threatening to stage a general strike in retaliation against Morsi’s divisive Thursday declaration.

“The general assembly announces its total rejection of the latest decisions issued by the president,” Gamal Fahmi, member of the syndicate’s executive board, shouted to hundreds of journalists at the syndicate’s downtown headquarters.

The president’s decisions “represent naked aggression against general freedoms, the rule of law and the independence of the judiciary,” he added, as fistfights erupted around him between supporters and opponents of the syndicate’s head Mamdouh El-Wali.

Another article shows the turmoil and economic hardship that the dictate has wrought: Entirely predictable to those of us who recognized the only entity in Egypt to organize after the power vacuum following Mubarak’s ouster was the hate-mongering fundamentalist Muslim Brotherhood.

Egypt’s stock index fell by nearly 10 percent Sunday in the first trading since President Mohammed Morsi issued decrees to assume sweeping new powers, while a 15-year-old boy was killed in an attack on the Muslim Brotherhood’s headquarters and police in central Cairo fired tear gas at protesters.

Morsi’s edicts, which were announced on Thursday, place him above oversight of any kind, including that of the courts. The move has thrown Egypt’s already troubled transition to democracy into further turmoil, sparking angry protests across the country to demand the decrees be immediately rescinded.

The judiciary, which was the main target of Morsi’s edicts, has pushed back. Judges and prosecutors stayed away from several courts in Cairo and across much of the country.

Fortunately, a dear friend of mine has relocated his family. Charles Caesar also has an Egyptian friend who makes the following report: The country now is divided between two camps and no other, Egyptians versus the Muslim Brotherhood, anyone who says anything differently doesn’t know what they’re talking about.”

In essence, what has happened is that Morsi feels entitled to act out, now that he has the Obama Administration’s blessing following the pseudo-cease-fire between Hamas and Israel. It looks like the Muslim Brotherhood is going to get a crack at rewriting the Egyptian Constitution:

Among Egypt’s secular opposition groups, there was mounting alarm over Morsi’s declaration that no court could dissolve the country’s Constituent Assembly, which is drawing up a new Egyptian constitution.

The rewriting of the new constitution has been a controversial issue, with most non-Islamist members quitting the Constituent Assembly – including representatives of the Coptic Christian Church and the April 6 Youth Movement, which played an influential role in the 2011 ouster of former President Hosni Mubarak.

That’s going to go well for the Copts./sarc X 1,000,000

EGYPT FOR THE EGYPTIANS!

This is one of my favorite lines from George Bernard Shaw’s “Caesar and Cleopatra. I have always maintained that Egypt will be best served by the citizens recalling their ancient roots and remembering that they are Egyptians first and foremost.

On a slightly lighter, but related note, here is a video tour of the ancient Egyptian hell. You only have to turn on your TV to see its modern one.

UPDATE: Video: Protests, clashes spread outside of Cairo

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Dear Readers: A bit of Egyptology news for the history fans among my friends. I recently mentioned that a Czech team located an undiscovered tomb of an Egyptian princess. It seems nearby tombs contained statues of surpassing beauty, and as I love the statuary of ancient Egypt from the Old Kingdom, I am thrilled to share a few items:


(Image courtesy of the Egyptiana Emporium)

Breathtaking.

Also, there is a great video from NTD Television detailing the find — well worth the 5 minutes for any Egyptophile (click here for link to video). A snippet from the story:

A team of Czech and Egyptian archaeologists are continuing to excavate a recently discovered tomb complex.

They say it includes the tomb of an ancient Egyptian princess from the Old Kingdom.

The excavations have yielded a treasure trove of statues that experts say are some of the finest examples of their kind.

The findings were made near the Abu Sir necropolis in Saqqara, known to be a burial site for high officials of the Old Kingdom, when the capital was still located in Memphis.

Last week, archaeologists apparently unveiled the 4,500-year-old tomb of Princess Shert Nebti and three other tombs nearby—some of the most significant finds in recent years.

[Miroslav Barta, Head Archaeologist, Abu Sir Mission]: “All the monuments around us developed during the fifth dynasty and belonged to several powerful families. One of the leading persons that was buried here is the princess Sherit Nebti. The excavation is not finished yet but still what we have at the moment is this unique pillared courtyard, which contains four pillars which were originally roofed, and inscriptions which say that Sherit Nebti,’ the nose of two ladies’, belonged to a royal family, a royal family of the kings that were buried northward in the pyramid field of Abu Sir.”

Another notable temple at the site is believed to have belonged to a high official named Nefer or ‘the Beautiful One’.

One of the most impressive finds in Nefer’s tomb is a well-preserved passage that archaeologists say was a kind of ‘passport’ to the underworld.

Nefer was believed to cross back into the land of the living to participate in the offerings, later returning to the land of the dead.

Chief inspector for Northern Saqqara, Hamdi Amin, says that there are still countless discoveries waiting to be made in Abu Sir.

[Hamdi Amin, Chief Inspector, Northern Saqqara]: “We have a lot of treasure we find this season, nine statues, intact ones, limestones, good preserved colour, intact colours. Now they are situated in the magazines [storehouses] of Saqqara. Here we have a very big site for a new area. Abu Sir, we considered it to be a virgin area which is still keeping a lot of secrets.”

Egypt’s antiquities authorities say, excavators have uncovered four sarcophagi, and some highly detailed statues have now been moved to nearby storehouses.

[Miroslav Barta, Head Archaeologist, Abu Sir Mission]: “The statues are important for two principle reasons—one of them is the mastery of their execution and the second important thing is that they represent a very huge new corpus of Old Kingdom unique statuary.”

The authorities are hoping such spectacular discoveries may remind holiday-goers of Egypt’s impressive and still unfolding heritage.

I would also like to take a few moments for a little link love:

And finally, Lipstick Underground offers some salient post-election advice:  SUCK IT UP!

Finally, the perfect blend of Bollywood and Egypt as my Music Mix offering for this week. BONUS – the video has the translation!

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Dear Readers: The Shrine has been silent due to the fact the Prophetess of Capitalism has been “BUILDING” her business. However, I noticed that there seems to be a new craze that has arisen last week: THE WALKBACK.

You put your assertion in.
You take your assumption out.
You put your accusation in…
and shake it all about.

CASES IN POINT:

In the case of Feinstein, I suspect that the only reason she made the initial statements about the White House leaks was to actually get the attention of the Obama inner circle.  After all, when Obama says “stay the course”…he means the golf course!

April: The last time Obama got an economic briefing!

Speaking of dance, which then leads to music:  Silvio sent me an awesome addition for our world music collection!

Kindly, he provided an approximate translation:

“Cuando sei Maria Dolores  (When I know Maria Dolores)
Cuando sei quei mal d’amore  (When I am lovesick)
Cuando sei quei mal a su vera (When I am in real  pain)
Cuando sei me va al dottore  (When I have to see the doctor)

Baila Baila Baila Baila  (dance, dance…..)
Baila Baila Baila me  (dance, dance for me)
Esta rumba a la gitana  (this gipsy rumba)
Que yo siempre cantaré (that I will always sing)
Pero lo siempre cantaré (I will always sing it)
Pero lo siempre cantaré (I will always sing it)
Esta rumba a la gitana  (this gipsy rumba)
Que yo siempre cantaré (that I will always sing)

Que solo vivo enamorar te  (that I live just to love you)
Que solo vivo enamorar te
Me enamore de esta gitana  (I fell in love with this gipsy woman)
Que ya se ponga a bailando  (she needs to start dancing for me)

I will be on Silvo’s show tomorrow, with Charles Caesar of Doo Doo Economics!CHECK CANTO TALK THURSDAY, JULY 26 AT 7 PM PACIFIC/9 PM CENTRAL! We will be joined by San Diego A list musician Mike McGill who will be offering his song, “Southern California”!

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Based on the Duran Duran song (Is there Something I should Know), SCOTUS has detestably rewritten for implementation Obamacare, “you are as easy on me as a nuclear war”.  No words I have can convey my anger and disappointment.  As SoCal Tax Revolt Coalition President Dawn Wildman  notes – “This is the day liberty died”.

Basically:  If you like your death panels, you can keep your death panels.

The SoCal Tax Revolt Coalition will be releasing a press release later today.  Check back for updates.  I am off to start a day of heavy drinking.

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Dear Readers: I had a lovely chat with LaDona Harvey this afternoon, as she was covering the case of the EPA Region VI administrator, Al Armendariz, who stated he “crucified” businesses as part of his regulatory compliance practices (Update – check out the conversation by clicking HERE — I on on about minute 20:00). She and Slash were amused by my compare-&-contrast of Rome to the EPA. Happily, I was able to report to her that Armendariz has fallen on his sword (courtesy of Bryan Preston/Pajamas Media).

The Obama administration’s top environmental official in the oil-rich South and Southwest region has resigned after Republicans targeted him over remarks made two years ago when he used the word “crucify” to describe his approach to enforcement. In a letter to EPA Administrator Lisa Jackson sent Sunday, Al Armendariz says he regrets his words and stresses that they do not reflect his work as administrator of the five-state region including Texas, New Mexico, Oklahoma, Arkansas and Louisiana.

A review of Armendariz’ record shows a resume weak in practical science and business experience, blended with close connections to extreme leftist environmental activists! Perfect choice for Team Obama’s supervision of the energy-rich states!!!

One down, so many more to go (e.g., Holder’s Answer to ‘Fast and Furious’ Records Requests: Blank Pages)!!!! Now, this is a Roman approach involving elite, arrogant, power-mad bureaucrats that I can get behind. But, I digress.

Keeping the environmental focus, Lonely Conservative notes that the Obama-blessed green energy corporation that was going to usher in an era clean energy has left behind a bunch of hazardous waste (in addition to the enormous debt that we taxpayers are going to cover): The Fremont Fire Department’s Jay Swardenski oversees the cleanup. He said some materials, such as cadmium , are toxic, and hard to dispose of. “They don’t degrade at all, so we want to make sure we don’t allow these materials to get into the environment,” he said.

Jammie Wearing Fools has more here.

And if the “Curse of the Eco-Tryant” news wasn’t enough, comes data from a recent study that shows that Large Windfarms Cause Global Warming. Even though the application of global-warming prevention policies are toxic, both Professor Jacobson and I find the irony highly entertaining. Based on a scientific analysis of the data, I predict that Obama’s “Green Energy Campaign” is going to be as successful as his new “Forward” marketing strategy.

A perfect trifecta of complete environmental failure!!!

Tomorrow, I will focus on a trifecta of California failure (unions and their platinum pensions, regulations, and Brown).  As Mark Meckler notes, Big Government is Killing California.  Meanwhile, enjoy this YouTube clip of the “Death of Anthony and Cleopatra” from the iconic Elizabeth Taylor Cleopatra.

As an aside, one of the primary health and safety rules I teach is read the label. Political Junkie Mom has an opinion of idiots who fail to do so, forcing others to pay for their stupidity.

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Dear Friends: I have so happy news to share. Capitalists have scored some victories over the forces of eco-tyrants and nanny-state do-gooders.

Courtesy of Professor Athena, this gem from the Wall Street journal: U.S. Nears Milestone: Net Fuel Exporter

U.S. exports of gasoline, diesel and other oil-based fuels are soaring, putting the nation on track to be a net exporter of petroleum products in 2011 for the first time in 62 years. A combination of booming demand from emerging markets and faltering domestic activity means the U.S. is exporting more fuel than it imports, upending the historical norm.

According to data released by the U.S. Energy Information Administration on Tuesday, the U.S. sent abroad 753.4 million barrels of everything from gasoline to jet fuel in the first nine months of this year, while it imported 689.4 million barrels.

As if that were a tasty treat, this marketing maneuver from McDonald’s is delicious (via HotAir):

Victory: McDonald’s outsmarts San Francisco on Happy Meal ban

Remember when San Fran “banned” Happy Meals by requiring fruit and vegetables to be served with any meal that includes a toy? Question: What if the meal doesn’t automatically include the toy? What if the toy’s “optional,” purchasable with a Happy Meal plus a small additional fee that you’ll be happy to pay just to shut up that screaming brat who wants the toy, mom, c’monnnnn?

Yes, it is time to do a Happy Dance:

I would like to give a full Flaming Capitalism blessing to Hell on Wheels, my new favorite show (replacing Mad Men). Iconic. Non-PC. Intelligent. Beautifully filmed and superbly acted. And fully American.

Dawn Wildman of SoCal Tax Revolt Coalition wants everyone to know that Stop-the-CA-Dream-Act petition signings will be featured on Jon and Ken (AM640/KFI) from 3pm and 7pm tomorrow. There will be a ton of locations for petition signings, and more information can be found HERE.

Beers with Demo is featuring a video covering Tea Party vs Occupy. Flaming Capitalist Promotion: Anna’s Clue Tank is featuring Occu-Potty bumper-stickers that are hilarious; order yours today!!! Inspired by KT, here is my concluding image:

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Dear Readers: I hope the Thanksgiving break was a festive one. Like some of my other favorite pundits, I wanted to take today to draw your attention to some news and posts that may have passed by quickly while we were all on a tryptophan high.

It seems that President Vacation and First Lady Fiesta were snacking and gaming while a good portion of the world went into the crapper. This news and image comes via Tammy Bruce: The Absent President: The World Burns, Obama Plays

Via Tammy Bruce

One key element that I wanted to highlight from Tammy’s synopsis: FEDS WARN UNEMPLOYMENT RATE COULD DOUBLE GREAT DEPRESSION!!!!

I warned last week that a recession and higher unemployment were about to hit the U.S. economy. On Tuesday, the Bureau of Economic Analysis cut their estimate of growth in the third quarter ending September from 2.5% to 2%. Then on Wednesday, the Federal Reserve rocked financial markets by forcing America’s 31 largest U.S. banks to “stress test” balance sheets to determine their capability to withstand an 8% drop in the economy; which would cause home prices to plunge by 21%, and unemployment rate to jump to 13%.

I highlighted the key sentence. I suspect that the 8% drop test stems from the impending collapse of the Euro, and the fact China’s expanding markets are so closely tied to Europe. The potential impact on the American economy and its banks is the reason I think corruptocrat Barney Frank is not seeking re-election — a rat fleeing a sinking ship.

Before you get too happy, Smitty of the Other McCain reminds everyone who will be taking over as senior Dem on the Banking Committee.

I had a chat with Professor Athena this morning, as I think the media and the Obama Administration are working in tandem to divert our attention as the the dire nature of this situation. Professor Athena assured me that US Banks were better capitalized and not heavily invested in the Euro. However, we both suspect that Europe will suck the rest of the world into a a whirlpool of fiscal chaos.

From: The Cotton Boll Conspiracy

Another item that caught my eye this weekend was local. It seems our band of blithering fiscal idiots, known as Occupy San Diego, thinks the most sensible approach to promoting their message is terrorizing women and children. Lipstick Underground has this report, which includes video, on this group invading a Wal-Mart on Black Friday.

What better way to recruit the downtrodden of the 99% than by ruining their best chance to purchase affordable shoes, toys, appliances and clothing…at least that’s what the wing-nuts over at Occupy San Diego think. They filled 75 carts full of product, blocked the check-out aisles, chanted about the evils of low-priced shopping, and left their mess for the shoppers to weave through and employees to clean up. T…

And, as a mother, what horrifies me most, is how they boxed in families during the stunt. One mother with a stroller, a small boy and a baby in her arms, has no where to go. If that was me, I would have been angry and terrified. One wrong move by anyone in that crowd and things would have turned dangerous in a flash.

It’s so bad, even tender-hearted B-Daddy has given up on the Occupoopers.

A beloved friend of the Shrine sent this Wall Street Journal piece detailing more shenanigans related to Climate-Gate:

Last week, 5,000 files of private email correspondence among several of the world’s top climate scientists were anonymously leaked onto the Internet. Like the first “climategate” leak of 2009, the latest release shows top scientists in the field fudging data, conspiring to bully and silence opponents, and displaying far less certainty about the reliability of anthropogenic global warming theory in private than they ever admit in public.

Fellow SLOB Charles Caesar prepped a graphic that sums it nicely:

Hat-Tip: Doo Doo Economics

I wanted to give a shout-out to Beers with Demo today, whose blog mysteriously disappeared this weekend. We suspect hacking. This has sent a chill throughout our pundit pack, and we are making plans to address potential leftist tactics to silence us during the 2012 election cycle.

My title today comes from a quote from President Dwight D. Eisenhower. I suspect the Obama’s would amend it thusly: “Some people deserve champagne and caviar, others beer and hot dogs. We deserve it all.”

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Dear Friends: It has been quite a sardonic day in the news. First, Obama claims that he is a “warrior for the middle class”. As a member of the middle class family in which both spouses are severely underemployed, I feel the shrapnel from his administration’s destructive economy policies.

Next, there is the dashing group photo from a “Open Government Workshop”:

Hat-tip Tammy Bruce

I think I have an explanation: The group was being asked who wanted Obama to be re-elected in 2012.

Third: Your “WTF?” Moment of the Day: Obama And His Slaves. This is an original and insightful photo-essay on HillBuzz that is a must see. The centerpiece is Obama and his umbrella. He doesn’t seem to have much luck with umbrellas.

And concluding with a gem of sardonic humor, here is an essay from the Shrine’s economic guru and financial prophetess, Professor Athena, for you to enjoy!

*****************************************************
Déjà vu All Over Again

After the long August break, the newest desperate push from the White House is a two-pronged attack that is being shilled as “not class warfare, it’s math!” The Buffett love is certainly flowing through to the folks now. Capital gains taxes would go up under the President’s plan, because “it is only fair”, along with regular earned income as tax cuts under the Bush administration are reversed and losses of current deductions for higher-income earners are added to the total new tax bill.

This increase, which an article in today’s Wall Street Journal estimates is a ratio of 3 dollars of tax increases for each 1 dollar in spending cuts will cost small business job creation at a time when venture capital and financing is under attack. Doctors and hospitals and drug companies are projected under the President’s plan to see a reduction in their Medicare repayments (which of course naturally translates to higher health care costs to compensate through the private systems for what the government is not paying). There are also more taxes levied on corporate America as it is sanctimoniously explained to those in the room less smart than the President (which is apparently everybody) what we should be investing in, i.e. education, technology, and infrastructure. In other words, the 2009 just-shy-of-a-trillion is all gone and the federal government wants more. They did such an excellent job with that $500 million they loaned to Solyndra!

The problem with the administration’s new war on conservative fiscal policies is that their claim that “it’s math” is misleading in that, while it is indeed math, it doesn’t count if it’s a wrong answer the last time we were in Algebra class. Claiming that rich people need to “pay their fair share” and contending they don’t already pay more in taxes than the middle class is a false contention. A quote from a recent Wall Street Journal article:

An analysis by the nonpartisan Tax Policy Center projects that for 2011, households with more than $1 million in income will have an average federal tax rate of 29.1%, compared to a rate of about 12.4% for households with income of $40,000 to $50,000. The center counts all federal taxes, including income, payroll and estate taxes.

Internal Revenue Service data suggest a similar pattern for individual income tax, according to an analysis by the Tax Foundation, a nonpartisan research group. It found that households with income between $40,000 and $50,000 have an average tax rate of about 6.8%, while households with income over $1 million have an average rate of 24.6%.

Let’s examine what is really wrong about this continuation of the class warfare so popular in Omaha and other liberal domiciles. An article in the Sept. 19th Wall Street Journal reported that only 22,000 households in America reported annual incomes of over $1 million. Does anyone honestly believe that we can balance the federal budget on incremental adjustment in just those households? The answer is no, and what the government is coming for are incomes much, much smaller. They are coming for larger than the 35% maximum that households in the $200-250M income pay, because that encompasses a greater number of households and income, and they can continue to spend while blaming someone else for their own lack of understanding about what policies at the federal government level actually enhance creation of private sector jobs. See Ronald Reagan and TEFRA, 1986. Some deductions were lost, but the overall marginal tax rates were lowered, and millions of jobs followed. Even some Congressional Democrats have referenced this point recently.

Paul Ryan said it best to Chris Wallace yesterday on Fox’s Sunday show, “If you tax investment you get less of it”. Investment money is scarce these days. Banks are dealing with a monstrous onslaught of new regulation, potential claw-back fines on their loan servicing (thank you, Richard Cordray), and now the regulatory authority for FNMA and FHLMC (Fannie Mae and Freddie Mac) is letting it be known that fees being charged to loan originators will go up dramatically next year. Though this change could conceivably be beneficial for taxpayers and FNMA and FHLMC bondholders, the administration has at the same time been prompting refinance for delinquent home borrowers whose loans are GSE-qualifying EVEN if their loans are underwater! To get your arms around this double-speak, you truly have to wade into the swamp that is the mind of a liberal Democrat. They are punishing the borrowers who are current on their mortgages by charging to them the expense of bailing out the deadbeats who are not.

If there is one populist trend in politics now that is getting scant attention, it is this one. Americans who are paying their bills on time deserve to be hopping mad! One takeaway from all this from a business policy standpoint is that federal bureaucrats don’t really want banks to make home loans anymore. The largest banks, all of whom took on subprime debt and are full on non-qualifying loans, have no interest in the narrowly-profitable plain vanilla housing markets. They are exiting that market. That will leave only mortgage companies (the very entities who loaded up on subprime mortgages) originating mortgages, and we have to hope they are not all as bad at assessing risk as Countrywide. Anybody want to call Vegas for odds on that one? Please take my advice and find a loan shark if you have less than perfect credit or can’t afford 20% down payment.

Also in the administration’s plan is a true poison pill disguised as a tax break. It is a continuation of the payroll tax cut, which is paid into Social Security. In other words, let’s give everyone earning a paycheck a small break today to further compromise the Social Security Trust Fund, running it into the red further as more baby boomers become eligible for benefits. To do this, a family earning $50M in annual wages will save about $1500, or 3.1%. This is of course being mirrored in the employer contribution, for a whopping chunk of negative draw-down set aside for Social Security ($240 billion on top of the $80 billion from this year).

But don’t worry. Obama says that he will cover the forgone revenue the Social Security Trust Fund by transferring money from the government’s general fund. Seriously! And, or course we all know what good shape that general fund is in. You can’t make this stuff up! Grandma, we aren’t the ones pushing your wheelchair over the cliff, it’s those Republicans who can’t do math or accounting or anything. Really.

American businesses are smarter than what this administration gives them credit for. They have stopped hiring and are holding onto cash for prudent reasons that remain unobscured to those of us who are in the private sector. Ask any small business owner the main factors that are holding them back, and they say “orders” and “health care costs”. In other words, they cannot hire people when the economy is very weak and when their fixed costs are going up.

The way you stimulate jobs is to make it less expensive to hire new workers, and though the payroll tax has the appearance of being that, it won’t prompt much hiring, first of all because it is so incremental (not enough cumulative front-end effect) and second because it is expected to be temporary. Businesses do not budget workers short-term, and instead do their planning at least a year in advance. For short-term needs, they have overtime and temporary workers who can be used much more inexpensively to meet production needs.

Why is the administration repeating the same mistake, where they attempt to bully Congress into passing legislation designed to increase taxes to order to buy more middle class voter loyalty only to see it fail to make it past the House of Representatives? The answer is either that they are the definition of insanity, where you keep repeating the same experiment and expecting a different outcome. Or, it may be that they genuinely believe they can run against a Congress they can label as “do nothing”. If so, it is a weak political platform indeed, and they deserve to lose because of it.

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Hey Wall Street Journal, we Tea Party rubes can use “Lord of the Rings“, too! And while I was among the first, Anna’s Clue Tank did it best:

Hat-Tip: Anna's Clue Tank

I have been busy with profit-center activities, so opining on the current debt ceiling situation has not been possible. I must admit, I have been torn — until I considered how the elite, establishment pundits have been targeting us citizen activists in articles and statements such as this (and NOT the spending-crazed Democrat trolls in the corridors of Mordor D.C.).

Gamling: .. We cannot defeat the armies of Mordor.
Theoden: No. We cannot. But we will meet them in battle nonetheless.

I asked the SLOBs for their opinions on the Boehner Bill. There is no consensus, but here is the meat of the matter on each side:

B-daddy (pro-Boehner Bill): John Boehner’s plan to cut the deficit by $915 billion while raising the debt ceiling is going to underwhelm many tea party types. But I like it a lot. Here’s why; Obama won’t dare veto it, because that would be irresponsible, and more importantly, he would appear irresponsible. However, it will keep the issue alive into 2012 and continue to make the growing debt a campaign issue. As I have said before, the public needs to make a decision on our fiscal direction through elections.

On the other hand, Randian Objectivist and Shrine friend Shane Atwell doesn’t quite see it the same way:

A committee of 12 elected by those 4 jokers would be even worse than those 4. Six committed leftists and 6 compromising ‘RINOs’. Yuck.

Cuts over 10 years? Not going to happen. Cuts in the first year are the only thing that does. Tens of billions don’t do anything.

Required to ‘vote’ on a balanced budget..instead of just having one right now by keeping the debt ceiling?

He in fact IS increasing the ceiling more than spending, since the increase in ceiling is an immediate $900b but the cuts are pie in the sky and distributed over the next 10 years.

Lastly, there’s no point in proving we can govern by abandoning our principles and governing just how the GOP would have done before the tea party. None of the problems get fixed and we’re still careening towards disaster, a disaster that would then be blamed on us because we had our chance and blew it.

I see both sides, and many of the opiners who I respect side with B-Daddy. However, after much thought, I have come to this conclusion:

Aragorn: Hold your ground, hold your ground! Sons of Gondor, of Rohan, my brothers! I see in your eyes the same fear that would take the heart of me. A day may come when the courage of men fails, when we forsake our friends and break all bonds of fellowship, but it is not this day. An hour of woes and shattered shields, when the age of men comes crashing down! But it is not this day! This day we fight!

Why? I have considered all the information including this facet of legislative process:

We’ve Been Played for Saps, Folks: Boehner Bill Will Become Reid Bill (By Rush Limbaugh)

They don’t want to head off passage of the Boehner bill. They want the Boehner bill to pass in the house. There’s a trap essentially that’s being set, and I noticed that there’s an AP story, and way down at the AP story: “In fact, Boehner’s plan has enough in common with Reid’s — including the establishment of a special congressional panel to recommend additional spending cuts this fall — that Reid hinted a compromise could be easy to snap together,” between his nonexistent bill and the Boehner bill. What does that mean? What it means is that over in the Senate Reid really doesn’t have a bill. He’s got an idea, but he doesn’t have a bill. And what he’s put forth as an idea hasn’t gotten all that much support. But here comes, let’s say the House, and Boehner doesn’t have the votes in the House yet according to Politico. And this is key. That was as of 9:30 this morning and they’re going to be working the Republican caucus all day long before the vote tonight. But, as of now, Boehner doesn’t have the votes for his bill. But let’s assume he gets the votes. The Boehner bill then goes to the Senate where it’s dead on arrival. There are 58 senators that are going to vote against it, by design. However, they’ve got a bill over there now.

So Dingy Harry can take the Boehner bill and tweak it and rewrite it, make additions to it, take some things out of it, play with it however he wants, and get enough votes from Democrats since it becomes the Reid bill, and then it gets sent back to Boehner in the House looking nothing like his bill, but the rationale for passing the Boehner bill in the House is we’ve got to do this, the time is up, we’re not going to get blamed. So if Reid monkeys around with the bill that he gets from Boehner, and it passes in the Senate, with whatever changes that are not favorable to us, of course, they throw it back in Boehner’s lap, and then the pressure is going to be back on Boehner. Okay, do you sign the Reid bill? Do you pass it? Do you get your guys to vote for it and send it to Obama, basically a Democrat bill. That is what a lot of people — and I sign on to the theory, too — this is one of the traps that’s being set. The Boehner bill is essentially being used to be a foundation for a nonexistent as of yet Reid bill. And thereby the Boehner bill becomes the Reid bill, therefore Democrat bill all in the absence of an Obama plan. No Obama plan at all in this.

I also think it is high time that someone in Washington DC decided to lead, with the interests of the American people in mind — and not focus on the outcome of the election cycle. Doing the right thing is not always easy, or appreciated, but I have to think that the proper choice will be rewarded by grateful Americans in the form of votes and donations.

And even though the vote has been tabled, the upset around the nation is palpable. Horemheb and I have been in heated discussions, as he think this will mark the demise of the Tea Party. I must disagree!

Sam: … That’s just morbid thinking, that is.

Tea party activists have been so critical to the success of so many grassroots efforts and operations on state and local levels, that no matter what happens in the nation’s capitol, we will still have an important role. Let me give you a few examples:

* A caller to LaDona Harvey nailed a false ad that just played on her show, probably bought for by public employee unions, which attempted scare people into NOT signing petitions. Petitioning is one of the few ways Californians have to really make their voices heard locally and in Sacramento. Such engaged citizens will ensure such tactics do not work any longer. I will be following this story.

* The newly formed black led South Central L.A. Tea Party held a major rally to expose the lies of the NAACP this past Sunday (7/24). Over 200 people attended, calling out the NAACP for their racism and hypocrisy — and highlighting the Tea Party message of less government and more individual responsibility.

South LA Tea Party

* This gem from Gateway Pundit: Band of Military Mothers Rescues John Bolton From Code Pink Attack (Video): Bev Perlson, founder of Band of Mothers, and Debbie Lee, a Gold Star mother, surrounded Ambassador Bolton with military support signs and protected him from the Code Pink attack. Then they got Code Pink kicked off the corner.

Sweet!

In conclusion:


Gandalf: Hold them back! Do not give in to fear! Stand to your posts! FIGHT!

Or, to accurately quote FDR: We have nothing to fear but fear itself.

Obama’s thoughts?

One DEBT to rule them all, One DEBT to chide them,
One DEBT to bring them all and in the red-ink bind them


Bonus: I just caught this snap-shot of John McCain -

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