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 September 19th, 2009

Government Report: Cap & Trade (tax) Bill will cost $1700 per household. Democrats caught lying about the bills impact.

Posted by iusbvision on September 19, 2009

CBS News Liberty Blog (amazing that they have a libertarian guy who has a liberty blog):

The Obama administration has privately concluded that a cap and trade law would cost American taxpayers up to $200 billion a year, the equivalent of hiking personal income taxes by about 15 percent.

A previously unreleased analysis prepared by the U.S. Department of Treasury says the total in new taxes would be between $100 billion to $200 billion a year. At the upper end of the administration’s estimate, the cost per American household would be an extra $1,761 a year.

A second memorandum, which was prepared for Obama’s transition team after the November election, says this about climate change policies: “Economic costs will likely be on the order of 1 percent of GDP, making them equal in scale to all existing environmental regulation.”

The documents (PDF) were obtained under the Freedom of Information Act by the free-market Competitive Enterprise Institute and released on Tuesday.

See the timing of this, they knew in November that this would take a huge chunk of money out of the economy. 1% of GDP is massive (dont sound much but in economic terms its huge). This means that the clips of Democrats and the White House saying that this would not cost much that Glenn played above…. well they were lying and full well knew it.

Posted in 2012, Chuck Norton, Corporatism, Government Gone Wild, Journalism Is Dead, Obama and Congress Post Inaugration | Leave a Comment »

Federal Reserve claims it is not monetizing the debt, while it is monetizing the debt. – China alarmed by US money printing

Posted by iusbvision on September 19, 2009


Charles Payne

Glenn Beck asks Charles Payne, a famed author and CEO of Wall Street Strategies, to explain.

Telegraph UK:

By Ambrose Evans-Pritchard, in Cernobbio, Italy
Published: 9:06PM BST 06 Sep 2009

The US Federal Reserve’s policy of printing money to buy Treasury debt threatens to set off a serious decline of the dollar and compel China to redesign its foreign reserve policy, according to a top member of the Communist hierarchy.

Cheng Siwei, former vice-chairman of the Standing Committee and now head of China’s green energy drive, said Beijing was dismayed by the Fed’s recourse to “credit easing”.

“We hope there will be a change in monetary policy as soon as they have positive growth again,” he said at the Ambrosetti Workshop, a policy gathering on Lake Como.

“If they keep printing money to buy bonds it will lead to inflation, and after a year or two the dollar will fall hard. Most of our foreign reserves are in US bonds and this is very difficult to change, so we will diversify incremental reserves into euros, yen, and other currencies,” he said.

China’s reserves are more than – $2 trillion, the world’s largest.

“Gold is definitely an alternative, but when we buy, the price goes up. We have to do it carefully so as not to stimulate the markets,” he added.

Posted in 2012, Chuck Norton, Corporatism, Economics 101, Government Gone Wild, Journalism Is Dead, Obama and Congress Post Inaugration | Leave a Comment »

Professor gives assignement to write an essay undermining Sarah Palin… for a literature class..

Posted by iusbvision on September 19, 2009

The left wing bias at public universities is so extrenched that Marxism is often taught as the only academic truth. While in the standard liberal arts curriculum Aristotle, Socrates, Francis bacon, Edmund Burke, Cicero, Adam Smith, Thomas Aquinas go almost completely uncovered; advocates for Marx like central control of our lives such as Karl Marx, Judith Butler, C.Wright Mills, Max Weber, and Antonio Gramsci get covered over and over again.

The bias is not that subtle either as most lessons and events start out with idea that the far left premise is true. The bias is usually not as  bold and in your face as the following video, but this inceident does not surprise me at all.

Politicizing non political subjects is very common, both in the curriculum and in the text books where professors who write them often include their own social and political opinions and present them as academic truth.

I just took the required non-majors biology lab class last semester and on one of the first homework assignments included a question on a politically charged John Holdren like piece on population control from the text. Of course none of the horror stories about what would happen if we did not have global central control over the economy and human reproduction came true, but that does not stop textbooks and professors from pushing the narrative as fact. I wrote a page long essay about how those theories have been debunked by history and I attacked the appropriateness of such a political narrative in a biology class. The instructor, who was a professor candidate looking for full-time work, seemed to learn her lesson and never posed a question like that again in class. Good for her.

Posted in Campaign 2008, Campus Freedom, Indoctrination & Censorship, Palin Truth Squad | Leave a Comment »

Chris Wallace: Obama White House communications team is the biggest bunch of cry babies I have ever seen in 30 years of coverage.

Posted by iusbvision on September 19, 2009

Wallace believes that they are working the other media like they are him as well. Wallace says that he believes it is effective with them and it is not with him.

Posted in Chuck Norton, Journalism Is Dead, Obama and Congress Post Inaugration | Leave a Comment »

Palin is a fund raising machine: Auction to have dinner with her goes to $63,500.

Posted by iusbvision on September 19, 2009

Fact: In national elective office he/she who raises the most money wins 92% of the time.

Posted in 2012, Chuck Norton, Palin Truth Squad | Leave a Comment »

IBD Poll: 45% Of Doctors Would Consider Quitting If Congress Passes Health Care Overhaul

Posted by iusbvision on September 19, 2009


Two of every three practicing physicians oppose the medical overhaul plan under consideration in Washington, and hundreds of thousands would think about shutting down their practices or retiring early if it were adopted, a new IBD/TIPP Poll has found.

The poll contradicts the claims of not only the White House, but also doctors’ own lobby — the powerful American Medical Association — both of which suggest the medical profession is behind the proposed overhaul.

It also calls into question whether an overhaul is even doable; 72% of the doctors polled disagree with the administration’s claim that the government can cover 47 million more people with better-quality care at lower cost.

The IBD/TIPP Poll was conducted by mail the past two weeks, with 1,376 practicing physicians chosen randomly throughout the country taking part. Responses are still coming in, and doctors’ positions on related topics — including the impact of an overhaul on senior care, medical school applications and drug development — will be covered later in this series.

Major findings included:

• Two-thirds, or 65%, of doctors say they oppose the proposed government expansion plan. This contradicts the administration’s claims that doctors are part of an “unprecedented coalition” supporting a medical overhaul.

It also differs with findings of a poll released Monday by National Public Radio that suggests a “majority of physicians want public and private insurance options,” and clashes with media reports such as Tuesday’s front-page story in the Los Angeles Times with the headline “Doctors Go For Obama’s Reform.”

Nowhere in the Times story does it say doctors as a whole back the overhaul. It says only that the AMA — the “association representing the nation’s physicians” and what “many still regard as the country’s premier lobbying force” — is “lobbying and advertising to win public support for President Obama’s sweeping plan.”

The AMA, in fact, represents approximately 18% of physicians and has been hit with a number of defections by members opposed to the AMA’s support of Democrats’ proposed health care overhaul.

Four of nine doctors, or 45%, said they “would consider leaving their practice or taking an early retirement” if Congress passes the plan the Democratic majority and White House have in mind.

More than 800,000 doctors were practicing in 2006, the government says. Projecting the poll’s finding onto that population, 360,000 doctors would consider quitting.

UPDATENew England Journal of Medicine reports that 46% of doctors would consider leaving the practice if ObamaCare passed (March 2010).

Posted in 2012, Chuck Norton, Health Law, Journalism Is Dead, Obama and Congress Post Inaugration | Leave a Comment »

Pew Center: Press Accuracy Rating Hits Two Decade Low

Posted by iusbvision on September 19, 2009

They lie, they spin, they leave out stories that don’t meet their ideological and emotional attachments as “not news” and now this …

Pew Research Center:

The public’s assessment of the accuracy of news stories is now at its lowest level in more than two decades of Pew Research surveys, and Americans’ views of media bias and independence now match previous lows.

Pew press bias 543-1Just 29% of Americans say that news organizations generally get the facts straight, while 63% say that news stories are often inaccurate. In the initial survey in this series about the news media’s performance in 1985, 55% said news stories were accurate while 34% said they were inaccurate. That percentage had fallen sharply by the late 1990s and has remained low over the last decade.

Similarly, only about a quarter (26%) now say that news organizations are careful that their reporting is not politically biased, compared with 60% who say news organizations are politically biased. And the percentages saying that news organizations are independent of powerful people and organizations (20%) or are willing to admit their mistakes (21%) now also match all-time lows.

Republicans continue to be highly critical of the news media in nearly all respects. However, much of the growth in negative attitudes toward the news media over the last two years is driven by increasingly unfavorable evaluations by Democrats. On several measures, Democratic criticism of the news media has grown by double-digits since 2007. Today, most Democrats (59%) say that the reports of news organizations are often inaccurate; just 43% said this two years ago. Democrats are also now more likely than they were in 2007 to identify favoritism in the media: Two-thirds (67%) say the press tends to favor one side rather than to treat all sides fairly, up from 54%. And while just a third of Democrats (33%) say news organizations are “too critical of America,” that reflects a 10-point increase since 2007.

The partisan gaps in several of these opinions, which had widened considerably over the past decade, have narrowed.

Posted in Campus Freedom, Indoctrination & Censorship, Chuck Norton, Journalism Is Dead | Leave a Comment »

Obama Chief Economic Advisor: Unemployment to stay high for years

Posted by iusbvision on September 19, 2009


The president’s chief economic adviser warned Friday that the nation’s unemployment rate could stay “unacceptably high” for years to come — a situation that would seriously complicate Barack Obama’s ability to convince Americans that he’s beating back the recession.

“The level of unemployment is unacceptably high,” National Economic Council Director Larry Summers said Friday. “And will, by all forecasts, remain unacceptably high for a number of years.”

Summers’ comments came in a briefing with reporters ahead of Obama’s speech in New York City on Monday, marking the one-year anniversary of the collapse of Lehman Brothers, an event widely regarded as having created a panic that caused the global economic meltdown.

Posted in 2012, Chuck Norton, Corporatism, Economics 101, Obama and Congress Post Inaugration | Leave a Comment »

Obama: Make illegal aliens legal to get them health care.

Posted by iusbvision on September 19, 2009

After making a spectacle by saying that the health care bill would NOT cover illegal aliens in spite of a Congressional Research Service Report that states otherwise (LINK) and in spite of Democrats blocking all attempts to insert language determining of  those receiving benefits were citizens; now President Obama says that we should just make illegal aliens legal.

Washington Times:

President Obama said this week that his health care plan won’t cover illegal immigrants, but argued that’s all the more reason to legalize them and ensure they eventually do get coverage.

He also staked out a position that anyone in the country legally should be covered – a major break with the 1996 welfare reform bill, which limited most federal public assistance programs only to citizens and longtime immigrants.

“Even though I do not believe we can extend coverage to those who are here illegally, I also don’t simply believe we can simply ignore the fact that our immigration system is broken,” Mr. Obama said Wednesday evening in a speech to the Congressional Hispanic Caucus Institute. “That’s why I strongly support making sure folks who are here legally have access to affordable, quality health insurance under this plan, just like everybody else.

Mr. Obama added, “If anything, this debate underscores the necessity of passing comprehensive immigration reform and resolving the issue of 12 million undocumented people living and working in this country once and for all.”

Republicans said that amounts to an amnesty, calling it a backdoor effort to make sure current illegal immigrants get health care.

Posted in 2012, Chuck Norton, Health Law, Journalism Is Dead, Obama and Congress Post Inaugration | 2 Comments »