Archive for April, 2009

Obama is Partially Responsible for what he Inherited

Thursday, April 30th, 2009

Did I do that? That is what Steve Urkel would say whenever he tried to distance himself from a mistake he made. That is not too different from what Obama has done in a statement he made on his 100th day in office regarding the deficit he inherited upon taking office. But […]

Chrysler Files for Bankruptcy

Thursday, April 30th, 2009

In an important but not surprising development, Chrysler has now officially filed for bankruptcy. Although anticipated, this is still a significant development since Chrysler is the first major automaker to file for bankruptcy and attempt to reorganize since Studebaker in 1933. Chrysler is reorganizing under Chapter 11 of the United States Bankruptcy Code.
The […]

No Protective Masks for Some Border Agents

Thursday, April 30th, 2009

No masks allowed for primary agents of the border patrol. Department of Homeland Security has instructed some agents that they cannot where masks on the job that would possibly help protect against the H1N1 virus.
See 10 News coverage.
If a pandemic is imminent, as the WHO alert level of 5 would suggest, and the H1N1 […]

Specter Will Switch to Democrat Party

Tuesday, April 28th, 2009

Pennsylvania Sen. Arlen Specter will switch his party affiliation from Republican to Democrat, according to sources informed of the decision.
Specter’s decision would give Democrats a 60 seat filibuster-proof majority in the Senate, assuming Democrat Al Franken is eventually sworn in as the next senator from Minnesota. (Former senator Norm Coleman is appealing Franken’s victory in […]

Congress Already Approved the Interrogation Techniques

Monday, April 27th, 2009

Porter J. Goss, former CIA director, comments on what he calls a disturbing epidemic of amnesia seems to be plaguing his former colleagues on Capitol Hill. He reminds us that senior members of Congress were briefed on the CIA’s “

Proposing a Federalism Amendment

Thursday, April 23rd, 2009

Randy Barnett, a Constitutional Law Professor at Georgetown, had an interesting article in the Wall Street Journal, “The Case for a Federalism Amendment: How the Tea Partiers can make Washington pay attention.” that proposed a Federalism amendment to the Constitution, which would, among other things, repeal the 16th amendment (providing for the income tax) and […]

Backdoor Nationalization: Converting TARP to Common Shares

Monday, April 20th, 2009

Power. As with the Merovingian in The Matrix, that is the answer to the question of the true goals of the White House and the Treasury Department in this next step they are considering.
[about Merovingian]
Neo: What does he want?
The Oracle: What do all men with power want? More power.
The White House and Treasury Department […]

EPA Declares Carbon Dioxide (CO2) a Threat to Public Health

Monday, April 20th, 2009

The EPA just declared CO2 a threat to public health and safety, likely ensuring that CO2 will be regulated as a pollutant.
If the EPA acts on its endangerment finding to pass regulations that impose a price on carbon, this will result in a energy tax being levied on every American, passed by bureaucratic […]

Tax-Day Tea Party: have some Earl Grey

Thursday, April 16th, 2009

The Tax-Day Tea Parties were a great sign that more Americans are waking up to the reality of where the current administration’s policies and actions are leading us. Those actions represent a recent surge in a long history of attempts to gradually push this nation further away from its founding principles and more towards […]

JPMorgan Chase ready to Pay Back TARP Funds

Thursday, April 16th, 2009

April 16 (Bloomberg) — JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, who today reported first-quarter profit that beat analysts’ expectations, said his firm could repay U.S. government rescue funds “tomorrow.”
Dimon, calling money received through the Troubled Asset Relief Program “a scarlet letter” and “the TARP baby,” said on a conference call today that […]

Texas Governor Rick Perry calls for an end to Federal Mandates

Tuesday, April 14th, 2009

Texas Governor Rick Perry joins the growing list of other governors and legislators who, in Perry’s words, believe that the federal government has become oppressive and intrusive in the affairs of states and private citizens.

“I believe that our federal government has become oppressive in its size, its intrusion into the lives of our citizens, and […]

Christ is Risen!

Saturday, April 11th, 2009

Christos Anesti! - Christ is Risen!
A Meditation for your reflection:
“There are two things certain in life,” the saying goes, “Taxes and Death.”
Regarding taxes, Luke 20:21-26 gives the thoughts of Jesus on the matter:

20 So they watched Him, and sent spies who pretended to be righteous, that they might seize on His words, in order to […]

Justice Ginsburg and the Use of International Law in the Courts

Saturday, April 11th, 2009

Justice Ruth Ginsburg has argued for the relevance of foreign law in interpreting our Constitution.

StopTheACLU has great coverage of this.
John Hinderaker of Powerline provides a detailed criticism of this concept:
“In reality, reference to foreign law is nothing more than an ad hoc tool to be invoked or ignored at will by justices who want to […]

Government refuses repayment of TARP money

Tuesday, April 7th, 2009

Some smaller banks have been allowed to give back TARP money, but prominent banks are not being allowed to do so even though they are attempting to pay back the funds with interest. Many were pressued to take the bailout money in the first place. Now, some are attempting to pay it back […]

North Korea Launches Rocket!

Sunday, April 5th, 2009

In defiance of pressure from leaders around the world, North Korea carried out its rocket launch.

Liftoff took place at 11:30 a.m. (0230GMT) Sunday from the coastal Musudan-ri launch pad in northeastern North Korea, the South Korean and U.S. governments said. The multistage rocket hurtled toward the Pacific, reaching Japanese airspace within seven minutes, but no […]

Location of Tea Parties Nationwide

Saturday, April 4th, 2009

Here is a Google Map of Tea Parties happening all over the nation!

G20 Summit and the Financial Stability Forum (FSF)

Friday, April 3rd, 2009

An excerpt from the G20 Summit Communique:
Strengthening financial supervision and regulation
13. Major failures in the financial sector and in financial regulation and supervision were fundamental causes of the crisis. Confidence will not be restored until we rebuild trust in our financial system. We will take action to build a stronger, more globally consistent, supervisory and […]

Maintenance Notice

Thursday, April 2nd, 2009

PajamaHadin will be undergoing maintenance and upgrades this evening.

Is America Really Headed Toward Socialism?

Wednesday, April 1st, 2009

From The Concise Encyclopedia of Economics comes a definition of Fascism by Sheldon Richman.  It is a definition worth reading in full.  Many debate to what end the actions and policies of the current administration are leading us. To Socialism?  To a European-style Socialism?  If Sheldon Richman’s article is correct, there may be a good argument to […]

The Trouble With Trillions: Spending and Bailouts

Wednesday, April 1st, 2009

In the famous Classic Trek episode, The Trouble With Tribbles:
A problem arises when a space trader, Cyrano Jones, gives Uhura a purring ball of fluff known as a tribble.  Charmed by the creature, Uhura takes it back to the Enterprise.  However, as McCoy soon learns, tribbles are born pregnant and the more the eat . […]