The IUSB Vision Weblog

The way to crush the middle class is to grind them between the millstones of taxation and inflation. – Vladimir Lenin

Archive for August 30th, 2009

Richardson “Pay to Play” Probe “Killed in Washington”…

Posted by iusbvision on August 30, 2009

Change we can believe in…..

FNC:

SANTA FE, N.M. — New Mexico Gov. Bill Richardson and former high-ranking members of his administration won’t be criminally charged in a yearlong federal investigation into pay-to-play allegations involving one of the Democratic governor’s large political donors, someone familiar with the case said.

The decision not to pursue indictments was made by top Justice Department officials, according to a person familiar with the investigation, who asked not to be identified because federal officials had not disclosed results of the probe.

“It’s over. There’s nothing. It was killed in Washington,” the person told The Associated Press.

A federal grand jury began an investigation in 2008 into a possible pay-to-play scheme in which lucrative work on state bond deals went to a Richardson donor. The federal probe derailed Richardson’s appointment as commerce secretary in President Barack Obama’s administration.

Richardson withdrew his nomination in January, saying the investigation would have delayed his confirmation although he said expected to be cleared.

Richardson and members of his staff traveled to Cuba this week for a trade mission. Richardson spokesman Gilbert Gallegos didn’t immediately respond to e-mail messages seeking confirmation that no charges were expected from the federal investigation.

A spokesman for the U.S. Attorney’s office in Albuquerque said he had no information about the Justice Department’s decision and couldn’t comment.

Posted in 2012, Blagojevich, Campaign 2008, Chuck Norton, Government Gone Wild, Obama and Congress Post Inaugration | Leave a Comment »

CBS Knew Bush Volunteered for Vietnam When They Ran the Faked Documents Story!

Posted by iusbvision on August 30, 2009

You remember the story, I covered it in detail for The preface. The documents that CBS used saying that President Bush violated orders and such to get out of Vietnam service were faked. Now this:

Bernard Goldberg former CBS newsman:

Until now, the controversy over the Rather/Mapes story has centered almost entirely on one issue:  the legitimacy of the documents – a very important issue, indeed.  But it turns out that there was another very important issue, one that goes to the very heart of what the story was about – and one that has gone virtually unnoticed.   This is it:  Mary Mapes knew before she put the story on the air that George W. Bush, the alleged slacker, had in fact volunteered to go to Vietnam.

Who says?  The outside panel CBS brought into to get to the bottom of the so-called “Rathergate” mess says. I recently re-examined the panel’s report after a source, Deep Throat style, told me to “Go to page 130.”  When I did, here’s the startling piece of information I found:

Mapes had information prior to the airing of the September 8 [2004] Segment that President Bush, while in the TexANG [Texas Air National Guard] did volunteer for service in Vietnam but was turned down in favor of more experienced pilots.  For example, a flight instructor who served in the TexANG with Lieutenant Bush advised Mapes in 1999 that Lieutenant Bush “did want to go to Vietnam but others went first.”  Similarly, several others advised Mapes in 1999, and again in 2004 before September 8, that Lieutenant Bush had volunteered to go to Vietnam but did not have enough flight hours to qualify.

This information, despite the fact that it has been available since the CBS report came out four years ago, has remained a secret to almost everybody both in and out of the media — one lonely fact in a 234- page report loaded with thousands of facts, and overshadowed by the controversy surrounding the documents.

Posted in Chuck Norton, Journalism Is Dead, Leftist Hate in Action | Leave a Comment »

NEW CBO Estimate: 2.3 million more to lose jobs.

Posted by iusbvision on August 30, 2009

Via Hotair.com:

There is no disagreement, however, about the net directional effect of the two. CBO and OMB project a weaker economy in the remainder of 2009 and in 2010 than they projected at the beginning of this year before enactment of the stimulus.

How much weaker?

Based on CBO’s forecast for the average unemployment rate in calendar year 2010, 2.3 million fewer people will be employed on average next year than they projected in January.

For comparison, in July there were about 140 million people employed in the U.S.

Next year’s reality will depend heavily on when the economy turns up and how quickly growth returns. A new projection of fewer people employed next year should not surprise anyone. But 2.3 million is a big bad number.

Allahpundit asks:

Exit question: CBO’s projected average unemployment rate next year is 10.2 percent. How many jobs would we be talking about if they used the “real” unemployment rate, which includes discouraged workers and those who are working less than they’d like? According to the chairman of the Atlanta Federal Reserve, that one currently stands at … 16 percent and counting.

Posted in 2012, Chuck Norton, Economics 101 | Leave a Comment »