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 February 8th, 2010

Deficit Spending: FDR vs. Clinton vs. Bush vs. Obama

Posted by iusbvision on February 8, 2010

The cold hard truth and how it is the opposite from the rhetoric.

By the way, politicians always give you the too rosey best case scenario, so if Obama is admitting to these numbers, how bad is it really likely to be?

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

Bloomberg: 77% of U.S. investors believe Obama is anti-business

Posted by iusbvision on February 8, 2010

Bloomberg News:

Jan. 22 (Bloomberg) — U.S. investors overwhelmingly see President Barack Obama as anti-business and question his ability to manage a financial crisis, according to a Bloomberg survey.

The global quarterly poll of investors and analysts who are Bloomberg subscribers finds that 77 percent of U.S. respondents believe Obama is too anti-business and four-out-of-five are only somewhat confident or not confident of his ability to handle a financial emergency.

Think about it, you blame everything on “the wealthy”, you tell them that you are going to punish them for investing by raising capital gains taxes from 15% to 28%, he unilaterally trie dto break the law and change the rules so that the GM bond holders didn’t get paid and his political allies did. Why would someone invest and buy bonds if the government can change the rules at the drop of a hat?

Let us not forget that Obama and the Democrats have been attacking the U.S. Chamber of Commerce and even the Black Chamber of Commerce.

By the way, the capital gaines tax in China is zero, maybe that is a big part of the reason people are investing there and not here.

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

News Legend Brit Hume: Speak the name of Jesus Christ and all hell breaks loose

Posted by iusbvision on February 8, 2010

Very interesting clip with Brit Hume. 

Posted in Chuck Norton, Culture War | 1 Comment »

Democrats: Give illegals amnesty to give them free health care (on your dime)

Posted by iusbvision on February 8, 2010

We first told you this was coming back in September and now it is back.

TPM (Left of center blog site):

A source familiar with the negotiations between Congress and the White House told TPMDC the Congressional Hispanic Caucus will demand an agreement from Obama that health care coverage for illegals who earn a path to citizenship will be addressed in an immigration bill.

The Senate’s health care bill bars illegal immigrants from any sort of coverage, a provision embraced after Rep. Joe Wilson (R-SC) shouted “You lie!” during Obama’s address to Congress when the president said that illegal immigrants would not be able to get health care under the legislation.

Those familiar with the talks say any immigration legislation will include various amnesty provisions to allow for health care coverage.

Amnesty – progressives in both parties tried to pass it and the overwhelming number of Republicans, Independents and Democrats opposed this, but the current crew really doesn’t seem to care about that, after all they know better than you, just ask them and they will tell you.

Posted in 2012, Chuck Norton, Culture War, Health Law, Obama and Congress Post Inaugration | Leave a Comment »

Bankruptcies up 32% to 1.4 million

Posted by iusbvision on February 8, 2010


RALEIGH, N.C. (AP) — U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more than 1.4 million petitions submitted, an Associated Press tally showed Monday.

The AP gathered data from the nation’s 90 bankruptcy districts and found 1.43 million filings, an increase of 32 percent from 2008. There were 116,000 recorded bankruptcies in December, up 22 percent from the same month a year before.

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

Legendary Polish Freedom Movement Leader: U.S. No Longer Leads Morally

Posted by iusbvision on February 8, 2010

Lech Walesa is someone who isn’t spoken of much in school or in text books. Walesa was the head of the “Solidarity” freedom movement in Poland that gained long time international attention resisting communism. Walesa stands second only to Ronald Reagan in his efforts to bring the cold war version of communism to an end. Walesa is a true hero and has the scars to prove it. Perhaps one should ask themselves why one of the world’s greatest leaders in history is not a houshold name to every school aged child.

Walesa considered Reagan to be a great moral leader as well as Lady Thatcher.

Poland is was our most dedicated European ally until President Obama broke a  missile defense shield agreement with Poland in exchange for nothing other than Putin agreeing to a few new business dealings with General Electric (the owner of NBC/MSNBC). Poland sent troops and vehicles to Iraq and stepped up to the plate when we asked for help. Polish newspapers are now saying that the United States has betrayed them.

In fact after abandoning Poland’s missile shield Putin said “thanks” and vowed to develop new offensive weapons systems – LINK.

Lech Walesa (via translator):

The United States is only one superpower. Today they lead the world. Nobody has doubts about it. Militarily.  They also lead economically but they’re getting weak. But they don’t lead morally and politically anymore.  The world has no leadership.  The United States was always the last resort and hope for all other nations.  There was the hope, whenever something was going wrong, one could count on the United States.  Today, we lost that hope.

UPDATE – Leaders of South Africa, Brazil and India blow off one on one meetings with Obama. – LINK.

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