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Truth Freedom Prosperity

Incredibly Dishonest Marketwatch Piece

Some hack writer with the last name of Nut(ting) produced one of the most intellectually dishonest pieces of garbage I have ever seen. This writer blames the 2009 budget deficit on Bush, because, you know when a president leaves office,the next year's budget is supposed to be prepared by the previous administration. His conclusion is that Obama HAS NOT increased spending much, LOL!

What this liar neglects to mention is that the 2009 budget included hundreds of billions of dollars of stimulus waste, approved by OBAMA and the Democratic congress, not Bush. Now recall that the budget grew over $500 billion from 2008 to 2009, never mind that the '07 and '08 budgets were also products of a Dem congress. He also neglects to mention the $200mm in TARP spending that Bush recommended killing because it was not needed, but Obama decided to spend anyway. Obama himself even had the nerve to quote this article in a Colorado campaign speech, ever the liar that he is and probably the first time he ever quoted something from a WSJ publication. That anyone could believe this fiction is totally laughable. The Wall Street Journal should be embarrassed that they allowed this crap to be published.

Here is the original and an excellent rebuttal on Hotair:

http://articles.marketwatch.com/2012-05-22/commentary/31802270_1_spending-federal-budget-drunken-sailor

http://hotair.com/archives/2012/05/24/how-to-make-obamas-spending-look-small-marketwatch-rebuttal-infographic/


Posted by TFP at 5/25/2012 8:54 AM | Add Comment

World Wildlife Fund Targets Humanity

I used to support the World Wildlife Fund. That was before the organization was taken over by anti-humanity zealots, or before I was smart enough to figure than out. At any rate, the WWF has exposed itself as another anti-humanity, anti-progress, snobbish elite organization like most of the rest of the green movement. They might as well come out and say not that they want population control, but eradication.

http://www.nationalreview.com/articles/300759/world-wildlife-fund-targets-humanity-robert-zubrin

Posted by TFP at 5/25/2012 8:04 AM | Add Comment

The Great Barry

As usual, Mark Steyn does a tremendous job of deconstruction with Obama. In my opinion, Obama is little more than a cipher, a fantasy candidate of the radical far left, who through blind luck and political machinations rose to the highest office in the land. It is truly stunning that someone who had absolutely no record and no accomplishments could become President. Right place right time if you ask me.

http://www.nationalreview.com/articles/300468/great-barry-mark-steyn#

Posted by TFP at 5/25/2012 7:54 AM | Add Comment

The Ally From Hell

Frightening article on our relationship with Pakistan. Long but worth the time. This country can probably be described as our biggest risk as a "frenemy".

http://www.theatlantic.com/magazine/archive/2011/12/the-ally-from-hell/8730/?single_page=true

Posted by TFP at 5/25/2012 6:53 AM | Add Comment

Interesting Article on US Investing

This author draws some interesting conclusions on how political change in the 70s empowered investors and led to unprecedented growth and prosperity. This is now under assault by the most anti-business president since FDR, or possibly ever.

http://www.bloomberg.com/news/2012-05-14/how-roe-v-wade-empowered-u-s-investors.html

Posted by TFP at 5/21/2012 11:17 AM | Add Comment

Leaving the Euro

Why Greece, Portugal, Spain and others may have to leave the Euro. As I have written before, Europe has two choices: they can allow or force the weak nations to leave, or they will need to crank up the Euro printing presses. Having a common currency without fiscal union has never worked and it is failing once again.

http://www.nytimes.com/2012/05/16/business/economy/leaving-the-euro-may-be-better-than-the-alternative.html?pagewanted=1&_r=2&nl=todaysheadlines&emc=edit_th_20120516

Posted by TFP at 5/21/2012 6:43 AM | Add Comment

JP Morgan

By now you have probably heard that JP Morgan lost $2 billion dollars on some credit derivatives trades that were originally designed to be a hedge but did not work out that way. Shameless know-nothing Democratic pols are lining up to criticize JP and call for tougher banking regs. In addition, the Justice Department is launching a probe. There is blood in the water. Well, here is a little perspective.

1) JP Morgan will likely make $18 billion in net income this year after the loss, and made the same net last year.

2) JP Morgan CEO Jamie Dimon was a big Dem and Obama booster in '08 but has turned a vocal critic. I bet if this happened to Warren Buffett the government would be happy to look the other way.

3) I don't remember Democratic politicians being outraged when Dem big-wig John Corzine WIPED OUT MF Global to the tune of billions and possibly misappropriated investor money.

4) Since when did losing money become a crime?

Posted by TFP at 5/15/2012 7:57 PM | Add Comment

A Censored Race War

There is an alarming trend in this country for the liberal-progressive media to not report black on white crime. Most recently in the Norfolk Virginia case and now in the brutal beating of a soldier in Tampa. White, Hispanic or Asian violence against blacks is usually racially motivated and a hate crime, but the reverse is never true in the eyes of far-left Dem politicians, race hustlers and their lib media enablers. For them, the perps are the REAL victims, having been mistreated by society. They are "excused" because they are "less fortunate".

The truth is that far-left elites have the patronizing attitude that the criminals don't know better. The left does not want uniform laws, they want them to be fluid and adjustable depending on who is the perp and who is the victim. Their hypocrisy disgusts me.
http://www.wtsp.com/news/topstories/article/255240/250/VIDEO-US-Army-soldier-brutally-beaten-in-South-Tampa-

http://www.nationalreview.com/articles/299918/censored-race-war-thomas-sowell#

Posted by TFP at 5/15/2012 7:47 PM | Add Comment

More Proof That Obama is The Narcissist In Chief

He has injected himself into past President's bios. This guy is truly shameless. His ego is boundless.

http://www.commentarymagazine.com/2012/05/15/obama-drops-his-name-into-presidential-biographies/

Posted by TFP at 5/15/2012 7:34 PM | Add Comment

Tammy Bruce: Obama Turned Gay Because He Knows He's Being Fired

Interesting perspective. I love Tammy Bruce, a lesbian former lib turned conservative. Hope she's right.

http://tammybruce.com/2012/05/newsweeks-cover-why-obama-turned-gay-for-pay-because-he-knows-hes-being-fired.html

Posted by TFP at 5/15/2012 7:31 PM | Add Comment
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