The IUSB Vision Weblog

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

April News & Video Roundup Post!

Posted by iusbvision on April 12, 2011

Sorry for the lack of updates recently. Life has been wickedly busy.

CEI Senior Fellow Chris Horner discusses how support for ethanol affects the price of many food and consumer items. Government policy is making food and fuel prices go up and as a result the quality of our gasoline and its gas mileage go down!

Wesley Mouch Voice Mail

Hank Rearden Voice Mail

Bill O’Reilly: Who Won The Budget Battle?

Bill O’Reilly: I Believe People Like the NY Times & Soros Wants the System to Crash

Bill is right, several in far left intelligentsia have pointed out that when a democracy faces economic collapse an oligarchy with central control often takes over. That is just history folks. Look at that history HERE.

Spending Spree: US deficit up 15.7% in first half of fiscal 2011 – LINK.

Video: Liberal radio Talker: It is time to stop running away from the word “socialism“.

Video: Harry Reid Omits “Under God” While Citing Pledge Of Allegiance – LINK. Interesting that Obama and others on the left have been doing this more and more lately. Recently Obama left God out of the Declaration of Independence.

Federal Official: Banks are now government run entities.

Reuters/Yahoo:

CHARLOTTE, North Carolina (Reuters) – Big banks like Bank of America Corp and Citigroup Inc should be reclassified as government-sponsored entities and have their activities restricted, a senior Fed official said on Tuesday.

The 2008 bank bailouts at the height of the financial crisis and other implicit guarantees effectively make the largest U.S. banks government-guaranteed enterprises, like mortgage finance companies Fannie Mae and Freddie Mac, said Kansas City Fed President Thomas Hoenig.

“That’s what they are,” Hoenig said at the National Association of Attorneys General 2011 conference.

And back in the beginning of the Obama presidency we told you that it looked like Obama was using the mortgage crisis as a way of getting control of the banks some of you on the left said i was nuts. Well there you are.

A member of the Democrat Senate leadership wants new taxes on internet sales – LINK.

Trade gap narrows as both imports and exports fall in February – LINK: That is what we call a shrinking economy folks. Recovery my ear.

VIDEO: Michigan Teachers Union: Use students to politic for more government spending – LINK.

Public School leftist indoctrination slightly exaggerated:

By the way, those ads were put out by a global warming alarmist group. It is not done by climate realists trying to make a point.

California Teachers Union passes a resolution endorsing convicted cop killer – LINK.

Democrats AWOL on Fannie/Freddie hearings – LINK.

Remember Fannie Mae and Freddie Mac? They are the lions share of the problem that caused the mortgage crisis and blew up the economy; that gave millions to Democrats while Democrat political appointees took home millions while mismanaging it; that sold those worthless “mortgage securities” to banks and investors and ended up bringing many of them down as well; and has resulted in hundreds of billions in bailouts? Yes that one.

March Madness: U.S. Government Spent More Than Eight Times Its Monthly Revenue – LINK.

Via Ed Morrissey: Obama wants to double conservation spending, buy more federal land – LINK.

Quote of the Day:

During the run-up to the November 2010 elections, many observers — including me — remarked that the tea party, which was clearly shaping up to be a major power in many states, was not so much anti-Democrat or even anti-incumbent as it  was anti-business-as-usual.  The tea partiers were united not by demographics — age, profession, education, geography, etc. — but by impatience at the sclerotic inefficiency and blundering intrusiveness of a government establishment that had lost touch with the American founding principles of limited government, fiscal accountability, and republican virtue. Perhaps the most conspicuous targets of the tea party were high-profile Democrats like Harry Reid and Barbara Boxer, but plenty of Republican politicians also learned to their chagrin that they could no longer treat their office as a perpetual entitlement or the American taxpayer as an inexhaustible mammary gland. As was repeatedly noted in the aftermath of the election, while the tea party lost a handful of high-profile races (Nevada, California, Delaware), the spirit of reform rushed like the waters of the Alpheus and Peneus through the Augean stables of state and local legislatures.

Rep. Ryan on Obama’s Budget Path ‘Do Nothing, Punt, Duck, Kick the Can Down the Road,’ Causing A ‘Debt Crisis’ – LINK.

British Health Service Nightmare:  Surgeons say patients in some parts of England have spent months waiting in pain because of delayed operations or new restrictions on who qualifies for treatment – LINK.

Man With Anti-Obama Sign Attacked In San Francisco – LINK.

USA spends $20 million to bring Sesame Street to Pakistan – LINK.

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