Happy Halloween!

"Happy Halloween"
By Jessica Licciardello
From Rense.com's Halloween Splash Art Contest.

Halloween At Obama's House

I am not a fan of Rush Limbaugh, but this is funny.

Obama's Buddies, and Biden's Disbelief

Via Foxnews:

"To avoid being mistaken for a sellout, I chose my friends carefully," the Democratic presidential candidate wrote in his memoir, "Dreams From My Father." "The more politically active black students. The foreign students. The Chicanos. The Marxist professors and structural feminists."

Also, from the same article:

Obama's running mate, Biden, recently contradicted his boss, saying: "He is not spreading the wealth around." The remark came as Biden was answering a question from a TV anchor who asked: "How is Senator Obama not being a Marxist if he intends to spread the wealth around?"

"Are you joking? Is this a joke? Or is that a real question?" an incredulous Biden shot back. "It's a ridiculous comparison."

Apparently, Marxism has absolutely nothing to do with redistribution of wealth.

Hat tip: Lewrockwell.com

Rockefellers Tried to Fund Bill Ayer's Students for a Democratic Society (SDS)

Interesting to note.
From Gary Allen's None Dare Call it Conspiracy, p. 126:

Further indications of Establishment financing of the Communist S.D.S. are contained in James Kunen's The Strawberry Statement: Notes On A College Revolutionary. Describing events at the 1968 S.D.S. national convention, Kunen says:

"Also at the convention, men from Business International Roundtables-the meetings sponsored by Business International for their client groups and heads of government-tried to buy up a few radicals. These men are the world's leading industrialists and they convene to decide how our lives are going to go. These are the boys who wrote the Alliance for Progress. They're the left wing of the ruling class. They agreed with us on black control and student control.

They want McCarthy in. They see fascism as the threat, see it coming from Wallace. The only way McCarthy could win is if the crazies and young radicals act up and make Gene look more reasonable. They offered to finance our demonstrations in Chicago. We were also offered Esso (Rockefeller) money. They want us to make a lot of radical commotion they can look more in the center as they move to the left."

Obama's Connections to "Weatherman" William Ayers

Ayers is not just a guy in Obama's neighborhood. Rather, Ayers helped launch Obama's political career and served with Obama on the boards of two charitable organizations.

Michelle Obama: "Racist" to Question Barack's Citizenship

She also stated that any black man who would do so is simply "envious".

I suppose that this is the character an Obama presidency would assume: if you question Obama, you are either racist or envious.

Articles here and here.

It Is Not Deregulation That Led to the Financial Crisis

George Riesman points out that the ultimate regulator of the market - the Federal Reserve - bears the most responsibility for the crisis:

the actual responsibility for our financial crisis lies precisely with massive government intervention, above all the intervention of the Federal Reserve System in attempting to create capital out of thin air, in the belief that the mere creation of money and its being made available in the loan market is a substitute for capital created by producing and saving. This is a policy it has pursued since its founding, but with exceptional vigor since 2001, in its efforts to overcome the collapse of the stock market bubble whose creation it had previously inspired.

The Federal Reserve and other portions of the government pursue the policy of money and credit creation in everything they do that encourages and protects private banks in the attempt to cheat reality by making it appear that one can keep one’s money and lend it out too, both at the same time. This duplicity occurs when individuals or business firms deposit cash in banks, which they can continue to use to make purchases and pay bills by means of writing checks rather than using currency. To the extent that the banks are then enabled and encouraged to lend out the funds that have been deposited in this way (usually by the creation of new and additional checking deposits rather than the lending of currency), they are engaged in the creation of new and additional money. The depositors continue to have their money and borrowers now have the bulk of the funds deposited. In recent years, the Federal Reserve has so encouraged this process, that checking deposits have been created equal to fifty times the actual cash reserves of the banks, a situation more than ripe for implosion.

To gauge the scale of its responsibility, in the period of time just since 2001, the Federal Reserve caused an increase in the supply of checkbook-money capital of more than 70 percent of the cumulative total amount it had created in the whole of the previous 88 years of its existence – that is, almost 2 trillion dollars.

He also details the federal regulations that required banks to loan money:

Finally, a discussion of the housing debacle would not be complete if it did not include mention of forms of virtual extortion that served to encourage loans to unworthy borrowers. Thus, the online encyclopedia Wikipedia writes:

The Community Reinvestment Act [CRA]...is a United States federal law designed to encourage commercial banks and savings associations to meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods... CRA regulations give community groups the right to comment or protest about banks' non-compliance with CRA. Such comments could help or hinder banks' planned expansions.

The meaning of these words is that the Community Reinvestment Act gives the power to “community groups,” to determine in an important respect the financial success or failure of a bank. Only if they are satisfied that the bank is making sufficient loans to borrowers to whom it would otherwise choose not to lend, will it be permitted to succeed. The most prominent such community group is ACORN.

Part and parcel of the environment that has made an act such as the CRA possible, is threats of slander against banks for being “racist” if they choose not to make loans to people who are poor credit risks and also happen to belong to this or that minority group. The threats of slander go hand in glove with intimidation from various government agencies that exercise discretionary power over the banks and are in a position to harm them if they do not comply with the agencies’ wishes. The same points apply to mortgage lenders other than banks.

Will Obama Safeguard the Futures of Black American Teens? The "Obama March"

Why do they chant "alpha and omega" when they enter the room?